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?
we're in bearish when bitcoin broke major support sub $50k at least that's from my understanding. as of now, even if BTC comes back to $60k again it's still looking pretty bullish.
just see previous descending channel pattern before bitcoin broke out and reach new ATH.
price occasionally touches sub $50k and the price just bounced back again. when big corporation like MSTR keep DCA-ing going as far as increasing their average cost.
I think we should be fine.