- A crypto poll by an analyst shows that the crypto bull run is not over yet.
- Many people believe that it is just a correction.
A crypto poll by an analyst shows that the Bitcoin bull run is not over yet. Many people believe that it is just a correction.
Bitcoin and other major cryptos fell after the People’s Bank of China sent a report about crypto payment. The report says that people or businesses can’t use crypto as payment in China. Besides, Elon Musk also made a statement saying that Tesla is removing BTC as a payment method.
Moreover, Bitcoin fell below $40,000 for the first time since February. And it continues to fall. This confirms the biggest pullback of the recent bull run.
Lark Davis created a crypto poll this morning about the crypto pullback. Lark Davis wants to know if crypto-enthusiasts think that the bull run is over.
The crypto analyst created the following poll on his Twitter account:
The poll received 16,999 votes in total at the time of writing. Besides, the data of the survey shows that many people believe the bull run is not over. It is just a correction. As a matter of fact, these people think that the market will recover and pump again.
Furthermore, a small number said they have no idea whether the bull run is over or not. However, some people said that the crypto bull run is over.
The largest token dropped as much as 10% to $38,973 this morning. However, the crypto market jumped back and BTC is trading at $39,752 at the time of writing. Also, according to CoinMarketCap, the crypto market cap is now $1,801,380,123,287.