Some traders have embraced what might be a Crypto Spring, while others are still skittish and scarred by the bear market. “It’s tough for traders. We’re human beings, we’re emotional,” says Christopher Inks, who runs the trading group Texas West Capital. Inks says that for many traders who were so accustomed to the sluggish price action of 2022, “there’s a recency bias, and it can be hard to get the idea that the bottom is in.” Inks, like Zduńczyk, is a believer in a new bull market, as “the fact is that we’ve been rallying for just about a year now.”
Related posts
-
BTCTKVR: Privacy Magazine Makes Crypto Cypherpunk Again
PRESS RELEASE. As cryptocurrency adoption grows, the cypherpunk spirit... -
UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
The U.K.’s long awaited crypto rules are coming. Source Spread the love -
ETH scams linked to Japanese crypto exchanges drop 69% in H1 2024
Illicit crypto inflows from Japanese exchanges have dropped in 2024, with ETH scams recording a 69%...