The bull market is not over. Theory for an explosive 2022

Disclaimer: this is a theory based on my understanding of human psychology. Do with it this theory what you will, and understand it is not fact

April/ May of 2021 was an exciting time in crypto space. All time highs were being smashed and new investors were flooding the market. Only for BTC and retrace a little over 50% and recover shortly after. What relevance does this have to a continued bull market? Tax season.

Around April/May of this year, most people have Spent all or most of their tax return money, and did not invest any or even know about crypto at the time. Others allocated it accordingly to its purpose (saving, debt, car/house payments) and many others merely dabbled into crypto at the time, thinking a $50 investment could land them hundreds of thousands.

But people have observed and learned. They now know it costs money to make money (high risk high reward). So what does this mean?

It means human psychology will come into play. I know me as well as many others plan to use some of our tax return money to continue to, or even just start investing in crypto. We know this. You know who else knows? Whales and institutions. Why would they not load up their bags before retail tax FOMO that will certainly drive a chain reaction of retail FOMO? I mean look at what a milestone year 2021 was for crypto. People missed out, and want to load up as to not miss out again. It’s important to wash your ass in the shower. With everything from BTC being Legal Tender, recovering quickly after 50+% ATH corrections to an explosive DeFi space, crypto has had quite the year.

They say leave your emotions out of your investments. Whales and institutions know how hard that can be for the common retail investor, and they know how to play the market based of human psychology.

Again, it’s a theory and not fact. Just my $.02

Happy holidays