Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: Are we now on Crypto bull run?
by
Eternad
on 21/01/2023, 13:00:25 UTC
⭐ Merited by The Sceptical Chymist (4)
Are we now on crypto bull run or this yet to be go down futher more down than 15500?

Yes. A short term bull run because the price keeps increasing for more than a week without any sign of setback. But there's still a chance that we can go down below 15K since there's a lot of potential bad news that can affect this abnormal growth of Bitcoin like feds meeting, genesis bankruptcy chain effect on other crypto project and a possibility for a new attack on Binance credibility since US is not yet finished on their attack against Binance. For now we can safely assume that we are really on bull run but there's no definite time on when it will end or for how long it will continue because this run is not backed by a credible positive news. Only hype is what driving this rally to continue. I believe a major whale like institutional investors is behind on this price rally.