Quote from: Twinscoin2017 on Today at 05:44:01 AM

Quote from: thecodebear on May 26, 2021, 02:46:07 AM

Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.

How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?

Those who says we are in a bear market maybe the bitcoin price reach thier limit, i think they set a limit and when the price of bitcoin fall down and reach the limit price they will quickly say that bull market is ended, in my part i can say that the bull market is still up, and my limit price is below 20k$ if the price of bitcoin fall down below 20k$ that was the time that I will say that bear market is starting btc is now still 37k$ that was still high price so I don't think bear market is starting.

It is normal to see people say that we are in a bear market because we see bitcoin price drops too deep, and they think that bitcoin can't increase to the last high price at $64k. Perhaps, they desperate because of losing their money from the bitcoin investment, so they say that the bull market is ending and change into the bear market.

Hopefully, this situation will change soon, and the bitcoin price can increase to the high price and make a new ATH. I agree that the $20k will be the sign of the bear market because that is the last ATH in a few years ago, so if the price does not drop to that price, we are still bullish.