Dear Readers,

The crypto market again climbed up back to its normal trading markets following the report by the US data showed the number of new applications last week for unemployment benefits fell more than expected.

This eroded the fear of getting US into recession which was created a panic button earlier this week. Following the fear crypto markets, stock markets worldwide was seen a blood bath. 

This is the crypto market movmement.

Whenever, there are some news, crypto markets would react heavily. The investors would be selling in panic.

More than selling, after the selling, it is quite worry some to see the same crypto going up.

In our articles we have covered it more elaborately as well. In my last article on Riding the Waves: Why patience and HODLing pay off in the crypto market, I have written elaborately on this. Just have a glance if you have missed it out!

At the time of writing this article, the global crypto marketcap stands at $2.14 Trillion, a 6.16% increase from yesterday. BTC is trading at 61427, a up of over 6% from yesterday. ETH is trading at 2689, a up of over 9%.   It it to be reminded that BTC during the panic season, went below 50K and ETH hit $2100 as well. See how smooth the recovery here in the market? This is why we kept on posting to HODL and trust the process. 

BTC bounced very well in the current pump too.  

Resistance levels for BTC are: $59.5k, $62k and $65.5k.

f Donald Trump will win in the US Presidential elections, the crypto markets will reach its peak on 2025 (which also coincides the halving analysis dates).   So keep calm and HODL.  

Whatever the market gives an opportunity to buy, use it wisely and reap your benefits.    

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