Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭
In my opinion, bull market happened since march 2023 after it broke the $25k resistance. Just because we are in the bull market doesn't mean we can't see red days. There is always a green day in the bear market and there is always a red day in a bearish market. It's because the market will always make a retracement because there's more demand in the discount zone waiting to fill and send the price higher. Maybe couple of days or weeks from now, retracement will begin and possibly hit $30k, and it's a bearish trend in lower time frame.