I was absolutely sure that the last bull run on Bitcoin was a fake bull before it returned below 70k. While I own bitcoin I also do shorts to increase my budget to buy bitcoin if it gets low later.
I always thought that April to May will have another big drop. I was fairly sure that another fake bull would appear late March and Early april.
But that is only my opinion and I actually don't feel as confident about another fake bull happening because of the long time the current phase since beginning of Feburary has been. Imo what speaks for it is the low high of the last Fake bull. It was around 75k USD and never approached the previous lows 80-85k USD. What speaks against another fake bull would be the length of this phase.
What are your thoughts? Do you think there will be another substantial Fake bull? I know that nobody can know, but I just want to hear opinions and your ideas
Do you generally believe that it will drop more during this year and what is your opinion on a next fake bull
byu/Suibeam inCryptoCurrency
Posted by Suibeam