Post
Topic
Board Economics
Re: We exited the bear market earler than expected
by
nicecrypto
on 17/08/2021, 10:25:06 UTC
IMHO, we're not in a bear market yet. Not unless we go below the 2017 ATH.
There has been so many FUD that's going around the crypto space, but the current Btc price isn't in the bearish run yet. I still considered it as a high price, but at the same time a good price to accumulate more. Considering how Btc has been rising since last year.
I definitely agree with you. I believe that the market did go very high then and that correction was inevitable and the FUD just happened to follow during the same period. I don't think we are in a proper bear market like we witnessed back after the 2017 ATH and lasted for more than 3 years but could still happen after the current market witness a new ATH above the previous $64+