Are we really back in the bear market? I saw an influencer shared this, and if it is actually true, then it is a confirmation that $BTC may enter $90k+ soon and may liquidate a lot of people that are already in the LONG position. What do you have to say concerning this?
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d photoMany will share a lot but we should not believe that everything can be believed. The whole month of July was in a good position where it built a strong position of $115,000 to $119,000. As August started, Bitcoin started dumping a bit and it reached $112k after which we saw Bitcoin increase again and is currently above $115,000. If the price of Bitcoin does not fall in August and increases, then we will see a new ATH of Bitcoin again. But I think we are not in a bear market we are in an upward position and in a bullish market.