I see a lot of people calling for the bull market to start, but I'm not so convinced this is happening just yet. Why? Well, because nothing much has happened, and if we follow the boom bust cycles, if we zoom out, so to speak, it's a bit early still.
At any rate, I for one, I'm not going to do much here. Yes, it's nice to see some green in the markets, and it sure feels good to look at giant green candles in just minutes, but the volume that should say "this is it" is simply not there yet.
Of course nobody knows what the hell is happening and at this point in time, my opinion is just an opinion in a sea of people that have been on this space for enough time to know: nobody knows shit.
But, if I had to give my educated guess here, I would say that we will dip back to 29 in a few more days, and the hype will quiet down again, maybe until the next year begins. But hey... I could be wrong, and this is one of those situations that If I'm wrong, I'll be super glad to be so.
MenO
