Post
Topic
Board Speculation
Re: will we witness year end bullrun or bull trap?
by
Yaunfitda
on 30/11/2021, 09:04:43 UTC
in the current position, i still doubt where the bulltrap is going or not. If we back to 4 years ago, almost a similar incident occurred sideways and at the end of the year there was a fantastic increase

4 years ago there were good news coming along in December like the CBoE and CME bitcoin future contracts. At that time no one really knows that is this kind of offering so everyone jump on the bandwagon and that's why the price goes to a new all time high  that time, almost $20k.

But in this December? we need some good and positive news. The taproot implementation didn't do that much in November. So again, maybe if there is some news that will turn around the market this December, I'm not expecting a massive bull run.