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?
Are we in a bullish stimulus overload right now?
I might not be in the best position to answer this since my stay in the market has not be that long but from my little experience, what I can say is that we are not yet close to the bear market. The bullish sentiment about the market is all because of the US president and their position on cryptocurrency. Bitcoin has gone from being a threat to the United state government to being a friend that they are now looking for means to benefits from Bitcoin and that is why there are debates about it being added to the country's reserve. The bear market is going to happen, we should not make the mistake of thinking that the bear market is not going to happen or we will be caught unaware and before we can react, it will be late already.