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.
I thing the bear cycle is over when bitcoin was hoving over $7,500. Bitcoin is now in a semi trend and bullish market and I expect the trend market to be over any moments bitcoin cross $12,000 significant level. We should buy now as opposed has said and we would be happy we do so.
The fact is that for today the price of Bitcoin is still a bubble in my opinion, because I do not see What is its value. I do not know who will be able to pay 12,000 dollars for Bitcoin and at least this is not a simple user.