Some people think there are only two types of markets, Bull and Bear, but that simply isn't true

A quick look at how the market actually trades and you can see very quickly that there are 3 types of market conditions.

We have the bull market, which goes up.

We have the bear market, which goes down.

And we have the kangaroo market, which chops around sideways.

(Source: https://twitter.com/crypto_birb/status/1271803067353137153)

Makes sense right?

Usually the animals appear like this as it relates to bitcoin market cycles...

• Bull market run up
• Followed by bear market sell off
• Followed by kangaroo market chop before repeating the bull market run up

I think we are just leaving the kangaroo stage and starting the bull stage right now.

What do you think?

Posted Using LeoFinance