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PSA: The Bull Run Ain’t Over! Go Touch Some Grass

May 4, 2024
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TL;DR

  • Remember, 10-30% drops are normal in a bull run, we’re still ahead of schedule as far as price action goes, and sideways prices are an opportunity to touch grass.

Full Story

We’re going to keep this one short and sweet, cause that first article was a DOOZY.

We’ve noticed a trend, and we can’t tell if it’s just Crypto Twitter being Crypto Twitter, or if its a broader reflection the broader crypto space’s current mood…

The trend is that we’ve seen a bunch of “the market has topped, we’re now in a bear market” takes.

Which might be true (we don’t have a crystal ball) — but it’s probably not.

So this is a public service reminder that:

  1. 10-30% drops in crypto prices are normal in a bull run.

  2. We’re still ahead of schedule as far as price appreciation goes (when compared to previous bull runs).

  3. Sideways price action (like we’re experiencing now) is boring, yes — but is an opportunity to switch off and touch some grass.

Alright, that’s it.

That’s the article.

See also  Bitcoin: Profit-taking sparks questions over BTC's bull run
Tags: AintBullGrassPSARuntouch

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