Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
LoyceV
on 06/09/2024, 14:25:26 UTC
⭐ Merited by bitebits (1) ,JayJuanGee (1)
At what price do we start to get concerned about whether we are still in a bull market?

Observing $55,456 and 26% down from ATH made earlier this year. Six months of chop (lower highs, decreasing price, no bounces now) back to the price we were at in February.
I always tell myself 30% drops on the way up are completely normal in a bull market. Add the fact that "down" is usually slow and long while "up" is short and quick, so I'm patiently not selling Smiley