keykomg

Bull run only mid-way?

Long
COINBASE:BTCUSD   Bitcoin
Each colored 'X' represents a point before a significant increase that retraces to its original price. 2017, 2019, 2020, 2021, 2021 show that as the crypto space grows, the frequency of pumps does as well. I don't believe that crypto winter will always be the same. How would we know the length without data? More than that, time as a function is pretty ambiguous in a bull or bear market. What does matter is growth and interest. The chart shows the industry is growing fast, and the amount of money shows the interest. There are cooling-off periods, and from this chart, those cooling-off periods are becoming shorter and shorter. Furthermore, the impulses don't have to be proportionate. I want to know when the Bull run is coming to an end so I can prepare. I am definitely not the type to think that "hoping" will have any impact on the market...because that is how you miss the peak. If anything, I tend to trade conservatively, missing the top few percent of any major trade. Too much data points to BTC Bull run ending in Aprilish and Alt-season extending through August. You may have to scroll to 2017 and this is definitely not financial advice.
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