Aaaand it’s a wrap folks, many thanks to Elon Musk, the Bull run is over and the Bear has come in early, how did you enjoy the run? Did you cash out while you could or did you hold like me through the highs? Whelps, if you caught the highs and made some nice profits, time to pack your bags, the show is over....
Or....oh....maybe you’re part of that group that is high on hope(opium) that the bull run is not over? I mean, quite a number of people are caught up......some just dipped their toes into the game and to tell them that the game is over when their portfolio is down by 65% sounds quite painful....
.....and another number are OG’s that have been building all through the Bear and are just waiting for a nice harvest time.....and with the entire noise about crypto in the past couple of months, some crypto OG’s just successfully on boarded their families and friends....what do you expect? It’s going to be some mass opium group...
I knew shit was about to go left when Soulja boy started tweeting crypto, then those friggin dogs!
So who is leaving? Kindly shut the door behind you....let’s those of us left see ourselves....lol.....
Back to reality though...
When I wrote this post,it somehow seemed like up was the only way to go, however if one has been paying attention, it will be obvious that up and down are a constant movement in crypto and most times, a lower low results in a higher high especially in a bull run,.........
.........so while that post remains accurate in the sense that we should generally be seeing higher highs, it is also accurate in the sense that it is a given that we record Lower lows...
It is interesting to note that $Rune has been hitting the highs, it smashed through 20$ even in the heat of the Elon Musk drama and has held strongly around the 18$ zone. It’s almost as if Rune is Elon resistant! Must be nice to be Holdn rune during these times....
Hive as also pretty much held strong around 0.50$ levels with little fluctuations here and there, surprisingly actually that Hive has not been beaten down worse than this...$Leo has held down the forte as strong as ever, in fact stronger than when it was at 1$....that’s really cool to me...
I hope to see a BNB den on Cubdefi, I’ll feel much at ease leaving my bnb there than where it is on Pantherswap, speaking of Pantherswap, they’ve grown immensely from the last time I wrote about them with over $300m TVL, they sure know how to pull some crowd, or perhaps it’s their business logic that makes them so attractive, whatever it is, it is working.
I’m in full anticipation of the Cub kingdoms, from how I understand it, the stress to be all over DeFi platforms searching for the best yield farms will be taken away as Cubdefi kingdoms will be in charge of that, seeking out the best farms on users behalf,....that’s some cool stuff....
How low will Bitcoin go? That’s about the question on everyone’s mind now,..let’s wait and see.
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It was amazing to see hive really holding its own during this Musk drama, but then I wonder how people sell because of Musk, I believe the run is only taking a break, we might see the bull last till December I cant tell. Its a game of gut though and many people will fail.
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Yeah you do have a point, I have a feeling the dump hardly had anything to do with Musk lol, it will be funny if he’s taking the heat for nothing
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Those panic sellers sure do need to shut the door behind them no doubt about that.
For BTC and Elon, I just feel BTC have been there before going through tough times and it will bounce back and head towards 100k the bottom at the moment is of interest to us all.
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Of course sure thing, even if that’s not this year....but they say summer is always much more fun...let’s wait and see
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Some are up, some are down but I've bought over the past two years and sold out some all the way up so it's not too bad. We are still well up from last summer.
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I’m a bull run first timer here and I’m def sure this ain’t all of it
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All I see is a perfect time to get me some coins, who knows when next we'll get these low lows again.
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Hmm word! I remember that one time two years when btc dipped to 3k from 9k or so.....it was wild, the dip didn’t last 24hrs as people rushed it up...so yeah you might just be very right
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Screw Elon. The bull market is not over. It's just a dip, probably transforming itself into a correction, but nothing more than that. Peaks don't look like this.
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All I see are opportunities to pick from....tokens have dumped but shit tokens have dumped harder, this is what I’ve been telling people, invest in solid projects....when the markets dump, shit tokens dump harder
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True.
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