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The 5th Great Bull Market has begun?

4 comments

jondoe
84
2 years agoSteemit

Bear Market bounce or the start of the next bull market?

You may be surprised to see that the odds are actually favoring the start of the next bull market happening right now.

Sure the price could dip next couple days or weeks, wouldn't change things.

In fact, the price may retest those $18k lows at some point here and still wouldn't change things.

As long as those lows hold, this looks like the more likely outcome:

image.png

(Source: https://twitter.com/AurelienOhayon/status/1559189942290489349/photo/1)

The deleveraging happened, too much money on the sidelines... the path of least resistance is up.

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