Quote from: Baofeng on September 02, 2022, 11:01:29 PM

Perhaps they really don't understand what bear market means, or hasn't seen it before. But for us who have been here at least in 2017, have seen the worst in 2018-2020, this is just a repeat, so mostly likely this year is just the start of the bear market and might continue till 2023 or early 2024 or prior to the halving, approximately in May.

This is when it comes to beginners who have recently become acquainted with cryptocurrency, but this is often said by those who have been in the crypt for more than 4-5 years. This is because many people believe that the market develops in a new way every time and try to ignore the fact that bitcoin is cyclical and the markets simply replace each other in a certain period. I talked about this back in September 2021, that bitcoin is cyclical and put up a vote for 2023.

- [POLL] What to expect from Bitcoin in 2022?

So, the majority chose the option that 2023 would be bullish. People really believed that the bull run would last for several years, and there are a lot of those. Some even in the summer of 2022 were waiting for some fantastic trend reversal and a new ATH at the end of this year.