...at least for traders like me...
And that's what I'm not finding lately in crypto.
Yes, we're in a bull market...still, although we don't have much time left in my opinion.
Unless all the forecasts, indicators, and other predictions known so far are wrong, since never before in BITCOIN have we had an influx of FIAT money into the system via ETFs.
We have until the end of the year to see what happens, if anything "expected" happens...from then on, we'll see how we can anticipate the price...
What I am clear about is that, as a trader, this lack of volatility is not good for that purpose.
As I've said on many other occasions, I've already done my job collecting profits.
Yes, I still have some ETH left to "burn" if volatility returns and takes a bullish turn, but this time, I can say I'm not going to stand by and watch the bulls go by without "fighting" them.
I have to say that, in this bullish cycle, the only thing I've missed perhaps has been the "emotionality" of the previous ones.
There hasn't been FOMO like before, and I don't think there will be any for the rest of the year either...
I think people are more focused on the antics of the "Orange Man," the war in Ukraine, or the war in Gaza than on entertaining themselves looking for the new "mana" of the future...
Yes, this cycle has been overshadowed by other news and events of greater significance.
Volatility is a reflection of this, and while it's logical to expect that asset price volatility will eventually stabilize over time, I believe we've been in a "bullish" range of dynamic stagnation for a long time...
We're already heading into autumn with no prospects for phenomena that could catapult BITCOIN prices... although, of course, they'll continue to rise simply because the FIAT printing press is still running at full speed.
@toofasteddie