Quote from: SquallLeonhart on January 01, 2022, 08:16:06 PM

Quote from: BitKongy on December 22, 2021, 08:46:30 AM

I've made huge amount of money in crypto space since 2020 and now I'm more interested in bear market, with the way things are going now it looks like accumulation rate will keep getting rid of bears for a long time, I'm just curious is bear market really coming? If yes what do you think will cause the next bear market?

All the markets are always known for surprising every investor and this way you should always expect the unexpected things to happen in this crypto space as well. I mean to say that when people were expecting bearish market at the beginning of 2022, we are having sideways market and this must be the enough signal for upcoming another stronger bullish market which means you may not get what you you are highly anticipating.

Probably you must need to wait for some more time because this yearend must be dominated by bearish trend but sometimes you may not need to wait till the end of the year; and I am expecting that is the point you will be surprised.

It really turns out to be difficult for me to say that there will be a bear market, if in my long-term analysis through Wyckoff I conclude that we are in a bullish trend, or starting the bullish trend, any price drop may mean that it is now a small correction, because for me, according to what is coming, it is an imminent upward trend, one should only wait for the right moment, of course there are some fundamentals such as covid-19 that really affects the world and the Omicron variant is becoming more and more accentuated, which It has caused many countries to close borders, perhaps this panic acts as a bearish effect, but it is not confirmed.