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?
We are getting the bear market next year and this is how it is for all cycles of the Bitcoin market. The only reason why we would not get a bear market by next year is if the cycle is to be broken but I will say that is not going to happen. No matter how bullish the market is, we can not stop the bears from taking control of the market when it is their time, that is why as investors, we have to be vigilant and not act as if the market is going to stay bullish forever. But to say we will be bearish this year, I doubt that because we are in the best times of the market that we are suppose to get the biggest profits which I think we are still yet to get. Bitcoin has gotten back to $100,000 but that is not all because the market should passed $100,000 and go towards $150,000 or $200,00 before the bull market is over.