Many are getting excited again with the prospect of new highs right away - However I think we're in the process of a bull trap and will plunge down to 50k~ levels (maybe even worse) Overall I remain bullish and I expect if this plays out we will get 1 more high after it later in this year.
Agreed. There's sooo much confidence this is only going up up from here. I think the majority will find themselves on the wrong end and lose. I would rather wait for the big crash and buy lower.
bed87
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Look at how weak the price action is for example, the buying volume so low. I don't even think we are technically in the "bull market" yet until lower lows...
TheUniverse618
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Oh boy. If your the same swoop you lost your mojo. BTC isn’t going down any more than the market is going down. We are locked in an epic bull cycle which could last past the election. SPX could hit 6500. There is no big dip or correction coming.