Quote from: kennycarder on Today at 02:02:01 AM

Quote from: jakdanyel on October 26, 2022, 11:00:58 PM

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.

I agree that the market situation is closely related to the general economic situation of the world, but from here until the halving is very long, we have more than 500 days to get there. And as we are seeing, although the war shows no sign of abating, inflation is starting to fall and the Fed has also announced it will slow down the rate hike, showing that we are gradually getting more stable. There's really no guarantee that the market will uptrend after the halving but let's hope for that, let's hope history repeats itself.