I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.
It is indeed happening , each time there is a small increase then the decline is much higher in which shows how the market is entering a bearish position ,
if this continues to happen in the next 2 weeks then we are surely facing a Bear 2022 and the prayers for 2021 100k will totally accepted to not happening .
Btc is now 48k$ but I think it is still bullish and soon it will risse and reach 80k$.The market is now different from the past bull run, the price movement and the demand or adaption of btc is really different, looking at the past price chart makes me think how far can bitcoin go?.
Falls down to 46k actually yesterday and today in the scenario where people are looking for Increase .
maybe this is the sign that the market is entering Bear and we must be ready to what will come sooner.