The bulls are back..But are YOU bullish?

Bitcoin has been up 22% over the last week in case you have missed it (which is nearly impossible.) The whole sentiment seems to have shifted from 'I am going bankrupt' and the 'see you guys in 2024' back to people freshening up their lambos and gettinfg ready for private jets. All this sentiment changed in the matter of just a week.

I like the excitement!

I love the fact that you can almost interpret any chart in the way that it suits you taking the 1 minute chart, the weekly or the all time.

Looking at historica data we should all still be fine, but and looking closer I guess we also should be fine. Crypto seems booming at the moment and I like to read about it.

If you have a little love for crypto you just have to read some of the Twitter ideas out there. Ofcourse there is a lot of shilling in there, but honestly if you look careful there is also enough decent info to be found.

See this tweet down below about the amount of following green candles. In April 2017 was the last time we saw that and we all know what kind of bezerk break out came in end of 2017. Is this the game we are going for?

Correlations to gold or traditional stocks are being brought in. If all of this data would mean what we think it means we are all set. But who know if this actually is. We just don't but can only hope for it.

Luckily there are some other games in play which are doing us a favor.

The NFT craze is really going the madness style in which we hope this isn't just a silly pump. Cryptopunks is having days of the crazy collectors. Punks being bought for over millions of dollars. It is all a matter of the hype and who want to buy for the highest price.

Ofcourse the Axie Infinity is giving people the time of their lives and naturally our own Splinterlands is also booming to the boomest. Seeing people quitting their jobs to play a game, because they believed in it a couple of years ago and changing their lives...that is just something else than the traditional ways of making money.

I don't think May 2021 was the end of this bull run at all, but if this is a good deal of hopium or actually based on something? I don't know but I sure like how it is going again