If the market cools down and the Bitcoin price remains around $30K, will the bull season delay to come ? Let's say it won't be in 2024, maybe 2025 or later ? Please let me know your thoughts. By the way, I am with FireDAO team and please let me know if you are interested in new projects.
If the market is bullish, normal price action will result in higher highs and lower lows. When the market price makes a higher high before making a higher low, it will initially consolidate. (There is no set time frame for consolidation). So, if the market price remains at 30k, it does not imply that the bull market would be delayed because it is merely a possible correction before continuing to increase. However, I believe the market is beginning to turn bullish.