Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
Yes its seems that bear market likely Over.Because we saw from long time Bitcoin and others cryptocurrency price decreasing. But from some days market come back. Bitcoin and others coin price increasing and many many good news coming. It is sign of bull market i think. Before some days bitcoin price was near about $20k but now bitcoin price is $30k so i Think we are in to in bull session. And i think as bitcoin price holding $30k for long time i think we are in real bull market. So we can tell bear market is so far and it has been over.
We are still on bear market i should say but at least we are already that seeing some gradual increase in price on which we could say that we are on recovery mode but people wont really be consider out such condition
since we arent still able to reach out those prices which are supposed to be seen on this year. The only thing on what this community is waiting on is on that halving event and just like on what they've been saying
that once this event had happened then this would be the main thing that would really be pushing up that bull run which is always the case. We do know that this market have that cycle on which it is
really that still we are on recovery mode and we are only just a year time before the halving event happens.
Although it wont really be an assured thing that it would really be able to happen for that kind of progress into that particular time but at least we do already have the idea
on what are the probabilities that could really happen on that time.