What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?
We might not see the same bear market before due to existence of ETF. We have the traditional market investors playing already in the crypto market that makes Bitcoin price less volatile which most of the altcoins follows in terms price trend.
Maybe can experience minor correction like 10% to 30% but not the same correction before that go as low as 50% due to volume being supplied by ETF. ETF investors purchased the dump made by crypto traders that’s it’s always picking up whenever we hitting 60K support.
That's still a question mark, and if what you say is true it means we won't see a bear market anymore, bitcoin won't drop 50%-70% like before and that means that we will no longer have bull season. I mean we won't have a bull run like everyone expecting, a market where bitcoin will increase 2x, 3x from current price, many altcoins will increase x5-x10? And the market gradually start moving like the stock market?
Bitcoin gradually becomes more stable and profits from bitcoin will gradually become smaller. I don't want this to happen and I believe many people don't want this to happen either.
I think the bull and bear markets still exist but the scale is smaller and does not have a significant decline like the previous year or cycle, because the competition for accumulation is getting bigger because of the ETF the bitcoin market can also be touched by more investors, so many assume that the decline in bitcoin will not be as deep as in previous cycles, most of which used to be retail investors but now institutions that have greater financial fundamentals are also competing, regarding the possible increase I think it is far more likely that today's prices are still relatively cheap than what should get the attention of many investors.
The biggest reason is that we are not competing with retailers anymore in accumulating bitcoin.