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BTC $48724.51 (1.54%)
ETH $3518.83 (-0.5%)
USDT $1.00 (-0.0%)
BCH $635.61 (-1.4%)
BSV $159.47 (-3.2%)
LTC $184.13 (-2.3%)
BNB $417.73 (-0.7%)
ADA $2.39 (-0.7%)
DOGE $0.24 (-3.7%)

Justin Sun Says July, August Will Be Next Bull Market Run

Justin_Sun_Says_July_and_August_will_have_a_new_round_of_bull_market
  • Justin Sun believes that the crypto bull run is not over.
  • Sun predicts that the crypto market will have recovered by July/ August.
  • Several coins are showing bullish signs which could indicate a market recovery.

Justin Sun, TRON and BitTorrent CEO, took to Twitter to share a market prediction. Sun believes that the current bull run is not over and the market will recover by July or August.

Notably, Sun included a disclaimer in the post highlighting that these were his thoughts and not investment advice. However, some users still disregarded the disclaimer. One such user @GuillermoJoya00 responded,

In addition, a significant number of replies made reference to an ongoing joke that the TRON CEO triggered the market meltdown. Users playfully implored the cryptopreneur not to trigger another dip.

Though in Sun’s case the request might be a joke, many crypto fans hold another popular crypto personality responsible for the crypto slump. Billionaire businessman and investor Elon Musk has earned the ire of many investors. This is because some investors believe Musk’s critical Bitcoin comments triggered the market crash.

In fact, some Musk anti-fans launched a new crypto called $STOPELON. The new crypto managed to surge over 1,000% in spite of the prevailing market conditions.

Early Recovery

Notably, the entire crypto market capitalization fell below $1, 5 trillion with a $180 billion bleed out yesterday alone. However, the market is already showing signs of recovery. For instance, Helium price has surged almost 30% in the last 24 hours.

Other cryptos showing bullish signs include TRON, Cardano, VeChain, DOGE, Ethereum, and Bitcoin.

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Avid reader and writer with a passion for sharing crypto news and trends. Uses her background in finance to help readers better understand the crypto market and investments. Hopes to see mainstream crypto adoption in the near future, especially in Africa.