Bitcoin may not go all bullish until 2023 but it will definitely take us out of the bear market.
What it basically means is that we will soon see a bottom of bitcoin price and then start rising upwards.
But we will face many corrections inbetween and it will take quite some time to go back to the ATH level.
May be by the end of 2023 we can come out of the bear trend completely and start going bullish in 2024.
That's what I think and things can go differently ofcourse.
True! All we can do is just speculate. Give some predictions according to what we experienced last Bitcoin's 4-year cycle. I have pretty much the same assumption. It looks like we are about to see an end to the current Bitcoin's 4-year cycle in the following months. We can possibly see a long sideways during this transition and some occasionally lower highs and lower lows until the market starts to pick up before the end of 2023 due to the hype of the incoming Bitcoin halving.
Sideways market will definitely happen this time and I think that we will soon see a little bounce back upwards.
But again we will have to struggle with the current sideways market for a few months before we find a bottom.
May be after that bitcoin will start to recover one correction at a time. I think it's time to take a break from the market while we sit back and relax.
Agreed! I am optimistic about this bullish crypto market movement. Even though no one can predict the future it is better to be patient and not panic.