Post
Topic
Board Speculation
Re: How long until the "we're in a bear market" people admit they were wrong?
by
Oasisman
on 31/05/2021, 12:06:59 UTC
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"?

People have different definitions of bullish and bearish market, and they also have their own analysis and reference/market cycle to identify in what market we are in. But most of the time these people who call the market "bearish" everytime the price declines are nothing but here to spread a FUD to take advantage of the weak hands, and accumulate at the dip.
There were also those who back their words up with some reasonable explanations why they come up to such bearish market predictions.
Well, I myself as well believe that Bitcoin is just having it's major correction.