Im curious as to why many people "hope" for a bull run? How is this bull run gunna happen if everyone is hoping for a bull run.
I essentially think the mega run was last year, why would any new money come into it after what happened last year? People saw the rise and the crazy fall and loss it does. No one is in it for technology its all about wanting to get rich. I don't see how people think a bull run is coming..
Care to help me understand how you think this?
All i see in crypto is PURE speculation and everyone will agree with ANYTHING that helps them secure there beliefs in there own investment.
It is not that hard to predict right now because the volume is very low, not all time low because we have been steadily getting new people on the way and getting more crowded so even during stagnant boring times the volume is higher than what it used to be couple years ago but still low compared to what it can be and what it used to be. Now when the volume is this low it means the volatility is a risk for whales, when volatility is a risk than they do not get in.
Hence, when the speculators who has a lot of money can't get in during low volumes (because they wouldn't be capable of getting in and out without causing market stirrup) what happens? A calm market. When a bull comes the volume will naturally go up again and during that time they will come back and do something but until that happens we are fine.