Quote from: Oshio-man on Today at 03:59:47 AM

Is just a trap compare what will happen soon for the price of bitcoin to decrease to $50k before majority of investors and traders will believe this is bearish season, you can still trade with this current price in the market and you will definitely gain from your trading because the green candy light is on to force the price to increase higher, I don't know if you are waiting for bearish season before you can buy and hold to a particular price before you can trade, i will advice you to use this opportunity to accumulate bitcoin so that you will start counting that you started accumulating bitcoin from the month of September, and it will make you not to forget the price that will favour you when the bullish season appear for traders to trade.

It's about time and length of a market cycle or average length of Bitcoin market cycle. Comparing Bitcoin corrections or crashes to $50,000 many months ago when the Bitcoin bull market just began is very different with what happened recent days or in next months.

Times are different as around a start or early months of a bull market is completely different with very last months of a bull market and a market cycle. This is exactly uncertain time and phase of the market we are in but if history repeats and market cycle length is similar to past market cycles, this market cycle and this bull run will only have about 3 more months or a little bit longer or shorter than 3 more months.

At the present and in coming months, it's more reasonable to feel fearful with corrections, crashes as signals of ending of this market cycle.

If you want to take profit, plan your take profit actions now and in next months, and if you want to accumulate more bitcoins, you can prepare money for purchases in the bear market with better entries or simply do DCA without mind about prices.