Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
Shiba Inu, Dogecoin are altcoins that have a manipulated market, buying these two altcoins is a big risk
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
I don't understand what you mean by decisive, because the price won't drop much, in a short time the price will recover, that's why I think it will be a good buying opportunity and certainly many people are watching it
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
most of these mtgox guys are not going to sell their bitcoin at this cheap price, the guys have waited for years, why would they be impatient to want to sell now at this cheap price? I highly doubt that all of them will decide to sell at the same time, most will hodl or sell but they will not sell all at the same time and the price will not drop much, what is causing the price to drop a lot is due to the financial crisis because of this war from russia and ukraine