Post
Topic
Board Speculation
Re: When will the bears take advantage? This bull run lasts so long
by
Lucius
on 05/06/2024, 13:52:32 UTC
~snip~
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?


You are asking a completely meaningless question at a time when most expect an even greater price increase, because if you missed it, it is possible that the conditions are being created for a perfect bull run, which has already received a great boost from spot ETFs (US), and we have not yet seen the effects of the halving.

In such an environment, the bears are almost helpless, although they are trying all the time to keep the price below $70k, and they have even seriously knocked it down to $56k. The dominance of the bears will have to wait, and in my opinion it will not happen (under normal conditions) for at least another year and probably a little more than that.