Post
Topic
Board Bitcoin Discussion
Re: Bear market likely over?
by
kennycarder
on 02/12/2022, 02:02:01 UTC
I don't think it's right to say we're in a bear market right now. If we were in a bear market, the value of bitcoin would be below $10,000. After the period of decline we have experienced, we are currently in a pause period for a while. As far as I'm concerned, this period will continue in this way for a little longer. From time to time, there will be small-scale rises in the market. But I think that there are at least 1.5 years for the bull market to start exactly.

Bull market in 2024? However, the halving of Bitcoin is closely related to the world economic environment. When the world enters the global economic crisis, I feel that the bull market will be delayed. I don't know about other countries, but the war and the epidemic are not over. I am not optimistic about the future. This winter will be very cold.