Is there a massive bull run ahead?

in cryptocurrency •  7 years ago  (edited)

There is a high possibility of a massive bull run in May, and the reason is Consensus.
Consensus is occurring from May 14 to May 16 and if you look at what happened the previous year during this event, you will start buying right away, no kidding!
The market exploded, many investors got in, and this year its bigger than ever and the market is pretty low right now.

Lets look at the previous year,
market-growth-consensus-1.PNG

The total market cap(excluding Bitcoin) grew from around 10Bil to 50Bil, that's crazy!
We can expect a similar thing this time, the crypto market started growing from around the first day of May although the event started in the third week of May as people knew this and got in early,
So I'm guessing this time around it will be the last week of April.

Here are charts of some other top 5 Cryptocurrencies,
bitcoin-consensus.PNG
Bitcoin more than doubled during this period!

ethereum-consensus.PNG
Ethereum grew from around 50$ to 100$-150$

Links:
https://coinmarketcap.com/charts/
https://coinmarketcap.com/currencies/bitcoin/
https://coinmarketcap.com/currencies/ethereum/

I am not a financial Advisor, this is not a financial advise.
I'm getting in before May, do your own study and decide if you should too.

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