Post
Topic
Board Speculation
Re: Bull trap or lasting
by
zanezane
on 06/08/2021, 16:26:29 UTC
I see that this is a true bull run and it already lasting, it is different from a bull trap because Bitcoin price only drop to 29k$ it does not drop below 20k$, so then I believe that the bull run will maybe continue untill the end of this year, I will never believe that Bitcoin will back to low price below 30k$ this time.
I have a high standard when calling it a bull run but I am pretty sure that if it stays like this and steadily goes up for about a month or even 2 months, then probably I would agree with you that it's a bull run but I still have a bad feeling in my gut that tells me there's caution to heed in this current price movement.