Post
Topic
Board Speculation
Re: When will the bears take advantage? This bull run lasts so long
by
mirakal
on 05/06/2024, 13:39:29 UTC
This year I was expecting that we would see a main bull run later after halving, in winter, like we see traditionally but today the situation is absolutely different, we saw an all-time high of many coins very soon and the price has been increasing for months, good news after good news, now I can't imagine how long this bull market will last. At the moment, it looks like there is no place for bears and after so much positive news, I can't imagine what should happen to make people start selling.
The price seems not high like the bullish price we expect after halving but still good enough to see. But I understand why the current situation is different from the previous sentiments after halving it is due to the mindset of the investors changing as well. It is not only the FUD but also political and conflicts in some countries affecting the situation. The majority are not holding long and patience unlike before but selling easily when short pumps come.
Quote
What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?
I couldn't say when but I expect this will happen 2nd quarter next year. The situation is uncertain and we can really feel the bull season that we expect, something missing like what we experienced in the past.