Ask Leo : should we be expecting a bull market this summer

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HELLO HIVE

As we are getting almost half way through the summer I have started wandering if there will be any bull market during this summer even though the bear market has still not lasted up to a year and many are predicting that sometime during this years summer there might be a reversal in price where the pump could get to the former all time high for both bitcoin and altcoin.

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We were all hoping that the last bull market would take longer than it took and that was what made so many people not to be prepared for the bear market, not many people had stable coins to buy the dip and even many crypto newbies have sold the dip because they lack the patience to watch their coins crash to that level.

So instead of holding for as long as the bear market would last, they have sold up their crypto token and they may probably fall into the bull trap when they try to buy during the bull market.

Any slight pump will have them buy back at a loss so that they won't miss the next bear market, a situation in which they are selling the dip and buying the rise... Just a reversal of what a regular and well inclined crypto trader would do.

Few who are experienced and are connected to the right source might get the prediction right and be able to benefit if there is a bull market this summer and with how volatile the market is no body can actually predict what the market might look like in the next one hour so for now we still have green candles but things can turn either way such that we have a short pump and watch bitcoin get to $25,000 and then crash back again so it is not always about just having a bull market but how long the bull market will last is also important to us traders.

many of us are becoming a bit doubtful if the new pump price when the price finally rise will ever get to last times all time high.

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Posted Using LeoFinance Beta



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