It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.
Don't just simply believe on youtubers or influencers about their opinion in the market. Yes it is possible that they might be right but they might be wrong as well. I've seen a lot of youtubers predition before and most of them turns out to be wrong tho. No one can be right at everything, and we should always remember that. And about my opinion regarding the possible 2018 scenario again, I don't think it will happen again. Yes the market is still bleeding right now but I really don't think a huge dump will soon happen again just like 2108. Though there is a possibility, let's just hope it won't happen again.