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“If we have a red JULY, we are going to see a green next couple of months…”

2 min readJul 8, 2024
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IS THE BULL MARKET EVEN NEAR???!

There’s been a lot of speculation around the bull market since the #Bitcoin halving and ETH ETF approval as major indicators for a bullish year… Whilst, the hope and anticipation around #BTC and a bullish year stay on the high, the market, however, seems to be clearly telling another story…

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Bitcoin price action by Coinpedia

According to

:

“With a bullish reversal from the $60K zone for the third time this year, the Bitcoin price action reveals high chances of a trend reversal. Having multiple bullish patterns and the technical indicators supporting the upcycle, the BTC price prediction of $100,000 seems possible once again.”

But isn’t it enough torture alreadyyyy?

Would definitely be nice to see the bullrun again, and altcoins going parabolic in a very volatile market. Really, TA works until it doesn’t because….

It gets tough to predict the psychology of the market at this point. The best thing to do if you’re a $BTC holder right now is to look for platforms where you can enjoy high yields, and good thing, that

is offering users this!

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Pstake Usecases

aims to have the way forward to bring yield to the Bitcoin ecosystem through liquid staking. And the launch of its testnet platform is just a step to making this a reality.

Read here for more insights: https://blog.pstake.finance/2024/05/21/pstake-btc-liquid-staking-and-yield-thesis/…

The hope for the bullrun remains very solid. But while that is imminent, it is important we make the most of the time we have now, building and gathering momentum for the rush before time.

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Godswill Akpan
Godswill Akpan

Written by Godswill Akpan

Community Manager at Tars Protocol | Social Media Manager | SEO | Content Creator | Digital Marketer | DeFi | P2E | Solidity

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