New Crypto Bull Market Starting? What to Watch!

Many people are wondering, "Is this the tart of a new bull market?". Well, I am here to set the record straight! Cryptocurrency has been beat down over the last year but it is still not dead! Cryptocurrency will pump again and what we need to watch for to know if it is a bull market is the 200 day SMA. This indicator has been a reliable sign of weather we are in a bull or a bear market. When we are above the 200 day moving average, that generally indicates, historically, that we have been in a bull market. We are approaching this line now and if we can break above it, turning it into support, then I believe that we will have confirmed that at least the bear market is ending and that a new bull market is on the way!