In your opinion do you think the current downtrend is significant in the grand scheme of things, at least crypto wise, or do you think we're still well into a bullish trend?
I realise that we can't be in the green forever, so how do you know exactly when we are in the bear cycle, before it actually happens, that is if we are not already in it?
You will know that bear cycle is currently happening when bitcoin and altcoins consistently drop their prices drastically, but this isn't the scenario now, right?
Bitcoin is still at its bullish cycle. What we have right now is just a price fluctuation. The price will eventually recover. But if this is the start of a correction, then it may take longer for bitcoin to recover. So how more with altcoins? They become always at threat that some of them won't even manage to recover after.