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?
It seems a bit like a bear trap. We know 10K is never coming back, so why expect 100k to be different?
But if you think about each halving being predictable, the future movement becomes predictable as well. Bitcoin follows the algorthmic S2F model more or less. This little dip is what I consider having 4% more Bitcoin than if I bought yesterday.