It has been one hell of a crypto winter and one hell of a weekend as we watched Bitcoin slip past the $20,000 mark to $17,000 which wasn’t expected and which means that the thin trading volumes that were occurring show there was a little resistance. On Saturday it was the $17,000 mark and many thought it will go beyond that but surprisingly there was a huge rise as it pumped back up to $20,000 securing a big double digits gain.

Well, the little bull isn’t something to celebrate about but it’s something because, for the world's largest crypto to be experiencing this phase for months, it’s really something else. Bitcoin isn’t the only one that experience a little victory for the bulls but also Ethereum went up to $1,000 plus after dropping down to $896 during the weekend also. At the time of writing Bitcoin is trading at $20,298 and Ethereum at $1,120 according to coinmarketcap.

What El Salvador’s president has to say

Over some time, Nayib Bukele hasn’t been vocal concerning the recent dip because earlier this month he made a statement that he will be acquiring more Bitcoin however his country has lost over $50 million since the dip isn’t slowing which many people suggest while he hasn’t been vocal about Bitcoin’s movement recently.

On Sunday the president of El Salvador and Bitcoin’s advocate broke his silence and he claims to reassure his followers about the current state of the market and he said "I see that some people are worried or anxious about the #bitcoin market price. My advice: stop looking at the graph and enjoy life. If you invested in #btc your investment is safe and its value will immensely grow after the bear market. Patience is the key."

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