The past few days have been really good for BTC holders and I'm guessing they're over the moon.
Those that accumulated during the retrace are over the moon rn.. But what's next, share your analysis below please no sentiments, just pure bias based on TA.
It is easily for saying about things already happened, while if you are in a live situation, you would be more uncertain with different feelings like fear, greed, uncertain and many people react the same way of how the majority of market participants do.
Just weeks ago, I am quite sure that many people thought the bull run is over, me too, the CEO of CryptoQuant thought similarly too. It's natural because you can not say about future especially for very near future like next few months. Not all market cycles are the same and this cycle can be longer or shorter than previous cycles so it can end anytime. This results in uncertainty in the market hence we must be well prepare for any sudden ending of bull run.
I did not give up and sell my bitcoin but it's not because I believed this market cycle's bull run will continue, but it's because I aim at a longer holding like next two or three cycles. I mean if I am lucky enough, I would sell my bitcoin around ATH and wait for chance to buy back, but if I miss the ATH, I am ready to hold my bitcoin for next cycles. It helped me to hold my bitcoin recent months even to be honest, I was really uncertain about the market.