Yes it will likely be over soon.
We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.
It’s ok to be a degenerate right now and chasing 10,000% gains and memecoin pumps. It’s actually important to be a degenerate in a bull run, otherwise you miss the crazy 10,000% opportunities every bull run brings.
However, many crypto investors have become addicted to crypto and it has become most their main identity.
Then, once the bull run is nearing its end, they don’t want to lose this identity and their current lifestyle.
They want to keep sitting at home looking at charts, hanging out in telegram groups and disrupting the financial system and not work in a cubicle 9–5 with a boomer boss who has no clue about what’s going on in the world right now.
They don’t realize that they can go to a nice island and sip margaritas and don’t have to go back to that 9–5 cubicle, because they are too deep in the trenches.
Chilling on an island and sipping margeritas is part of the crypto life cycle as well.
I think the massive correction of Bitcoin price is over since the end of last september and now bitcoin has been on the rise since the beginning of October to date. However, of course the big question is how long this trend of rising prices will continue. Speculation about the period of this bullish market trend continues to emerge, especially since Bitcoin is now a regular news item in the mainstream media. But what makes the price of Bitcoin go up and down? Is this just endless good and bad news, or are there other indicators that can accurately predict future price movements and declines?