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
-
Experts Discuss Blockchain, Crypto and Web3’s Future
The European Blockchain Convention (EBC) took over Barcelona for its 10th edition. The two-day event featured... -
New Crypto Regulations in Japan Ease Rule For Blockchain Gaming Sector
Japan’s Financial Services Agency (FSA) has announced plans to reform the country’s regulatory framework on crypto... -
Crypto Hack Losses Down In Q3 2024, Ethereum Still Most Targeted Blockchain: Report
Crypto hack and fraud-related losses decreased in Q3 2024, though Ethereum (ETH) remained the most targeted...