In short term we are on bear market since the price failed to break the ATH on the recent attempt for the price to be established above 115K.
But in long term we are still on bull market since the price is still above 100K which is the higher than last year highest price. The current price downward is just a correction and it’s still too early to determine what will be the long term movement of Bitcoin price.
Every downward movement is an opportunity to enter on Bitcoin in cheaper price.
Bear market is bear market, and if it is not in a bear market, it is still in a bull one. You only don't know which phase of the bull market it is at the present. I think this market cycle will still have some last months but in September and October, Bitcoin will consolidate and prepare for another bull run in last two months of 2025 and maybe lasts till January 2026.
Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you