So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.
Short term I've think we're already broken it. We've reached heights of $11k and seems to be quite stable. I doubt that after this we'll see any dumps for the week and prices should be going straight up to $13k or more. We're waiting for the signal at $11.5k or so.
Medium term, aka timeframe of a few years, we could still be on a downward slope. Referring back to 2013, it could take a few years to go back to its ATH. I expect something similar with less of a dump and more stable prices, as well as a faster recovery due to the growing population understanding and using cryptos.
Long term nobody should be worried about this "bear cycle". It's only a matter of time before we break out again, whether it be days, months, or years.