It's January and now bitcoin has fallen to 35k, followed by altcoins. what my friend said at that time came true and his prediction came true. last December became an important point in determining the direction of the trend. the result is that at the moment the market can't hold on and continues to fall slowly. most likely we will start a bear trend. if i listened to it maybe i wouldn't worry too much about the current market situation. My current choice is only two, hold or cut lose.
Usually before a bear market there is always a spike in the market and introduction of a new trend to the Industry, in 2017 we saw ICO becoming a multimillion dollars business then in 2021 we metaveruand GameFi becoming a trend. All this we're signs of we reachinythe peak of the cycle so the crash was anticipated expect for those just joining and wishfully hoping for the increase to continue so they can get profits.
One thing about this time bear season is that, it might not be as deadly as that of last cycle in the sens that we did not have much blow up tops. People did not over bought as they did in 2017 so maybe the market might not take a big hit and soon the bulls regain control of the market.