Lately you hear very bullish scenarios as US states vote on reserves, institutions adopt bitcoin and more and more big corporations and players want to use bitcoin but apart from extreme anti bitcoin players you don't really hear a bearish scenario at the moment.
It’s getting better in terms of adoption as more institutions and countries are now starting to consider bitcoin. When we talk about optimism we have been so strong in the past to make every effort towards the approach and for people who are new to bitcoin this is just the beginning of the process of building a high level of optimism.
What do you think about a bear market? Could it reach us? What do users who have been following bitcoin for a long time say about a potential bear market? What is the current pattern and what are the important indicators?
There are many indicators that could weaken the price of bitcoin but don’t worry because this is a move and performance that happens in the market and there will always be potential for it to strengthen and return to being more positive like it is now. The bitcoin cycle can change very quickly and we can see the price go down or up under certain conditions and that is always unpredictable.