With the recent downward movement of Bitcoin and other cryptocurrencies, investors are divided; some think the bear market is here, following the cryptocurrency cycle, while others think it is just a trap and the market will rally again.
Where do you stand? Is the recent downtrend just a mere retracement? Or the beginning of the bear market?
We're are still in a bull market becuase this years bull market cycle is very different and somthing everyone hasn't experienced before due to the changing market dynamics..may last longer than expected or we experience a minor bear market not as used to before, Fundamentally and Technical point of view the market remains strong.