Post
Topic
Board Speculation
Re: When Is Crypto Black Day?
by
magneto
on 22/04/2021, 00:27:36 UTC
Hi

As you you, no market can be bullish or bearish permanent. so when is the Crypto black day? Plz explain with reasons.

The bear market will probably swing around some time next year.

The rest of this year should still be extremely bullish given the circumstances that we face (with institutional investors pumping money onto the scheme, as well as renewed retail interest).

But as you said, no bull market can last forever. Given historical trends, the peak of the bull market generally occurs 1 year after halving (exactly right now, as we speak) and slowly tapers off around 2 years after the halving, before slumping into the bearish cycle.

I think that chances are history will repeat itself once again - but be very careful if you're trying to somehow time the top.