Post
Topic
Board Speculation
Re: Why is nobody talking about a bear market anymore?
by
Republikcoin.com
on 03/05/2025, 08:49:30 UTC
In the last few days, things have changed and so is the mindset of speculators, Bitcoin market is full of uncertainty and this current bullish trends is one among the other that was unexpected by May Bitcoin holders and speculators, while some were expecting a much dip market to happen, it swinged in the opposite direction puting out a positive market movement, when the price of Bitcoin crossed $90k and went ahead to record $97k price it becomes clear that we are now far from bear market.
The Bitcoin market will not be bearish this month although it may not immediately experience a sharp increase from the current price to a much higher price, but the Bitcoin price will slowly change to a better number than the current price. Because the increase in the number of long-term Bitcoin holders has also increased at this time, this will have a big influence on the Bitcoin price which can slowly increase. And this month I am also quite sure that Bitcoin will approach the price of $100K although some people may not be so surprised by it if it really happens.