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Crypto Researcher Asks, 'Was June A Bear Trap?' — Warns, 'We Aren't Out Of The Woods Yet'

iconBenzinga

2024-07-05 17:00

Crypto researcher Distilled Crypto highlighted the crypto market's possible bear trap, which could turn into a bullish twist. He added that market apathy could be misleading investors and setting the stage for a surprise crypto upswing.

  Crypto researcher Distilled Cryptohighlighted the crypto market's possible bear trap, which could turn into a bullish twist. He added that market apathy could be misleading investors and setting the stage for a surprise crypto upswing.

  What Happened:In a new X post, Distilled Crypto asked “Crypto – Was June A Bear Trap?” He added that, “We arent out of the woods yet.” He outlined a few reasons why the market might be more favorable for bulls than bears.

  Crypto – Was June A Bear Trap?

  After a boring June, July has started strong.

  However, we aren't out of the woods yet.

  “The big money is not in the buying & selling, but in the waiting” – C. Munger.

  Here are 5 reasons why max pain is likely for the bears, not the bulls (

  Market News and Data brought to you by Benzinga APIs

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