April is coming to an end and many people believe May will be a good month for the crypto space and the start of the next bull run. Some believe this is a big bull trap being coordinated by whales where btc will pump up to around $11k to $13k and then crash down to $3k to $5k range. What do you think will happen?
To be honest, I am not sure if this is a bull run or bull trap. You know why? The world of cryptocurrency is so unpredictable nowadays and either it may go up or down wildly in just a few minutes due to its high volatility. I would love to see the bull run, but there is no guarantee after that. Crypto regulation fears, bad news from the media, and the much awaited BTC and BCH dump event of the owner of the now-defunct cryptocurrency exchange Mt. Gox (where his wallet is seriously monitored and tracked). This is going to be an interesting month for us guys!