A "bull trap" seems like a better fit to whats going on than a bull market.
I would bet 70/30 on the two
Is there such a thing as a "bull trap + bull" market?
And if i add in market manipulators, the bull trap seems even more likely.
I would stay away from leverage like my HODL bag depended on it.
I just think people are out of money and now Costco is rationing Oil. I sort of thought this was going to happen 3 months ago but now there is an oil shortage and diesel prices are averaging above $6 / gallon for this first time so everything is going to get way more expensive.
Plus Michael Saylors owns like 4% of the Bitcoin supply at this point and people are trying to keep food on the table.
To me it isn't enticing to buy Bitcoin at these price levels.
I would rather just stack DOGE at these price levels vs Bitcoin to be honest. I would rather stack Monero than Bitcoin as well. It is supposed to be live on ThorChain swaps soon.
I would rather trade SPX6900. It honestly looks pretty cool.
https://www.spx6900.com/