Quote from: Cryptmuster on Today at 08:45:44 AM

Quote from: virasog on Today at 03:21:42 AM

For last few days we have seen very good movement in bitcoin price. Some people think that we are near the end of bear market which may not be the case. Bitcoin might dump again after reaching a certain point.
There may still be times while we can build our portfolio in this bear times. Accumulate as much as you can before the bear market ends.

Look at previous bear market cycles, it has never ended so quickly. Its essence is to wear out the holders so that people lose faith in the coins they have and sell them at the very bottom. When this happens then growth will start again. But I think that this should not be expected in the near future, this may still take a year or more. The main thing to remember is that after a fall, growth always comes, you need to believe and wait.

One big exception for this was the 2021 one. In the April of 2021, we reached 64k, and during the summer and September we dropped to a bottom of under 30k price, and then we reached 68k during October month. So that in a span of 6 months we broke ATH, dropped more than half, then broke the ATH again back to back. This was of course exception and not the rule.

Normally it takes a bit above a year to reach there, which is why I am expecting so much from the October-November-December trio, if we ever start to recover and go to an insane price, then that would be those months. I am not saying that it will have to be like that, but it does have a good chance that it could happen during those months.