Should we expect a November bull market.
Hello Hive...
When prices begin to go up like what we see here, we begin to ask, everyone begins to talk and predict.
Some predict what they want to see happen while others predict based on past experience.
Nevertheless what do we have here today
Another short pump and dump for BTC or something more interesting is about to follow.
It doesn't always go beyond $20 or $21k and prices are still traveling higher anf watching this closely we are still sitting around $21.7k and hoping this will break the line and continue the upward trend.
November 2021 was witnessed a bull run where we had BTC at a new ATH of $66k, then crypto analyst talked about a megagbubble and a potential of BTC hitting $100k we had some hodl their token at that range and others went ahead to but BTC withing that amount only for us to witness a crash that sent it back to an unimaginable $17k....
If you had bought BTC at $60k to now watch it go down the drain such as the one above, it would be the greatest lost of all time to selling at that amount.
The only option was to hold.
Since we have simply done the reversed of buy the low and sell the high.
Any crypto newbie beginning his trading experience buying BTC at such amount would have been frustrated and all through November till now we haven't seen prices go up or near the previous ATH.
It is another November again and wether the bear market still persist or we are now in for something new? Who can tell.
Fingers crossed and alot have build their portfolio during the bear market hoping for a pump to dump their tokens.
Let's see if November will be nice.
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Im personally not very optimistic about November. Though its my birth month, there isnt any real sign of a bull run. But if it does come, i will be very much happy