Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Btw let's talk about crypto market. Bitcoin pumped to 73k and dumped to 86k after CPI data came out which was higher than expectations. Bitcoin now trading above 71k. Whenever Bitcoin dumps and pumps, i see altcoins recover very fast and even pump more higher. I see so many people talking that this bull market is different from all the previous bull markets because halving is just 1 month away and bitcoin making new all time highs everyday. I am also confused because last time when halving was few weeks to come, market dumped but that was covid effect. Market now is at extreme greed level and I don't know what to do.
Why i dont think this bull market will be different because there's so many big news are ahead. First Ether spot ETF is going to approve in few weeks. Another one is FED is going to cut intrest rates which will be very positive for crypto market and third point is RETAILERS still yet to come in the market. Bitcoin is also not much pumped from previous all time high. That's why i think this bull market will be same as previous one but there will be different date of top. Btw for now i think short term top is in and we need to keep your profit safe to buy the dip.
