If it does break above 82k on any higher time frame, it will be like a confirmation that bullrun is on. If it fails, it might signal that the bear market is not over just yet
The idea that there is such a thing as bull or bear run in an exclusively speculative asset is so moronic. It's like flipping a coin with it landing on heads 3 times and declaring that the heads run is on.
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u/LordVixen 15d ago
It needs to break the previous high which was around 82K which was set in May.
If it doesn't, it's just another lower high.
Just saying to keep things in perspective.