Bear market doesn't happen because there is futures, bear market is a natural trend in any markets including bitcoin. But you also have a point here, there has been a lot of market manipulation that is taking advantage of futures.
In fact over the past weeks I have noticed spikes in number of shorts whenever price starts rising up (not falling!) which will then prevent that rise. Good news is that even though the amount of shorts is increasing their effect is drastically decreasing:
Thank you very much for your professional icon instructions. The downward trend seems to be getting worse. The enthusiasm of the market has been drastically reduced.In fact over the past weeks I have noticed spikes in number of shorts whenever price starts rising up (not falling!) which will then prevent that rise. Good news is that even though the amount of shorts is increasing their effect is drastically decreasing:
Well it will get worse if there are really lots of selling pressures and whales or big institutions shorting BTC as this point. But at certain point, we might see a reversal, might take some time though, but there is still that possibility that before the end of the year, there will be some break out run. Timing is everything here, and since the market is boring and dry, these manipulators still find ways to make money. That's how it is, but their timeframe for this kind of shorts might end sooner than expected.