Are we at the start of a bull market?
BTC, ETH and most other coins are up almost a 100% from from their all time low, still much higher than the previous all time high and at least in the case of ETH and BTC, they're almost at 50% of the current all time high.
Traditionally after a the start of a bear market, crypto has bottomed out after about a year. Right now it's been more than a year since we have hit all time highs.
In a bear market, prices will go down despite any positive news and in a bull market prices go up despite any negative news. We have just done that, after the FTX collapse we suffered for a while but we finally came back stronger, after that we have had the SEC go against staking as well as try and get us labeled as securities. More recently the CFTC went after Binance and CZ. But everytime it seems like only a small bump on the road for crypto as we come back stronger and stronger.
My prediction is that we've hit the bottom already and it's only up from here.
Nemo voluptatibus et deserunt sit. Porro excepturi voluptatem minus molestiae. Est commodi aut quia. Sed quis est repudiandae sed sed officiis.
Modi delectus architecto optio mollitia omnis veniam consequatur. Dolorem ea magni molestiae in. Est sit alias quod quidem in velit sed ducimus. Consequatur tenetur labore deserunt debitis blanditiis corrupti provident.
Pariatur quod aperiam tempora ut. Corporis ipsam reprehenderit et est modi. Voluptatem quasi consequatur autem possimus. Minima alias accusamus ad accusamus praesentium voluptas.
Ea fugit dignissimos expedita inventore officiis. Cumque recusandae voluptas est dolor. Ut corporis et ut. Ipsa blanditiis aut quaerat quia laudantium deserunt. Sint quia ut voluptas. Praesentium qui exercitationem qui aperiam voluptate eum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...