The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.
Is it still bearish when there is currently no good situation?
Just a little update this July 29, the market is bullish and many positive news are coming out. BTC just hit 40K and holding its resistance.
I suggest you stay out of that groups and read articles made by reputable ones. These groups are pure speculation and facts aren't there to be found. Moreover, bearish season is probably done. Many news are coming out right now and bullishness is taking place.
With how the market is moving upwards now and keeping the barrier,
It's good to say that there's expected updates that attracts investors to hold, adding to that, each time that market show strong and keep moving upwards, the attentions coming from those who are not really interested to this business are starting to change-up, bringing newcomers to learn and invest.
Just as expected that there would be no such interest when the market is really moving sideways or in bearish state then there would really be that hesitance and doubts
but you would see different perception or actions when market is gradually showing off some green candles and this is where people do starts on buying but actually
it is really mostly talking about taking action in FOMO situation which they should have consider or at least do things when everything was cheap.
Market isnt really something you can expect to be on good state always there would be always that bad.