Whoa boy!
Slow down crypto, you're rising too fast!
While even the blind can now see that the market has turned, this is not healthy.
Slow growth can last, fast growth is unsustainable
Expect a little correction soon, don't be surprised when it comes, it's coming.
It is not the end of the bull run, just a little (healthy) speed-bump to slow these over-eager crypto horses that have bolted.
The bull run will resume after the correction.
Have a nice day! 🙂
Yours in crypto,
Bit Brain
DISCLAIMER:
I am neither a financial advisor nor a professional trader/investor. This is not financial advice, investment advice or trading advice. Unless otherwise stated, all my posts are my opinion and nothing more. Crypto is highly volatile and you can easily lose everything in crypto. You invest at your own risk! Information I post may be erroneous or construed as being misleading. I will not be held responsible for anything which is incorrect, missing, out-of-date or fabricated. Any information you use is done so at your own risk. Always Do Your Own Research (DYOR) and realise that you and you alone are responsible for your crypto portfolio and whatever happens to it.
Bull Trap (cough cough) :-) lol
For the shorter term guys, yeah.
Indeed. Too many seem to think the only direction price should go is straight up without pause.
It angers me though. Same damn cycle every time. Fanatically eager investors drive price up at an unsustainable rate that leads to corrections, dips and crashes (in the short, medium and long terms respectively).
Why can't we just have slow, steady, sustainable growth? (My Triple-S growth fantasy.) But that would be making life FAR too easy, wouldn't it?