Bull Market: The "Climax" Zone

Here are several reasons why the most exciting phase of the bull market is yet to come.

Context Overview

The market's greatest trick is to convince people that the fun is over before it truly begins. This phenomenon is driven by what’s known as the "wall of worry".

What is the "Wall of Worry"?

During a bull market, the market climbs a wall constructed from concerns and skepticism. Each piece of pessimistic news adds another brick to this wall. This challenging journey is characteristic of a bull market, where worry serves as the fuel for price growth. Moderate worry in bull markets is beneficial as it restrains people, creating fuel for rallies when skeptics become believers.

Despite #BTC being close to its all-time high (ATH), doubts remain about consumer crypto applications, global liquidity, #ETH ETFs, and altcoins.