Bear market is always shorter than the bull market
We have experienced three months of bearishness
Now it's time for the Bulls!!!!
We are around 16% away from ATH. We can do this.
We were not in a bear market.
Okay maybe Bear market was the wrong word
I'd say retracement since January.
Within a bull market there are various corrections, and also within a bear market there might be several false upward price spurts that ae sometimes referred to as dead cat bounces.
Surely, I have a bit of a pet peeve when people proclaim that we go from bull to bear and to bull etc etc.. when we might merely be within a consolidation period, or a temporary reprieve. Another thing is that at some point the top will be in, yet we will not know it, and then I suppose sometime after that we may well realize that we are in a bear market, and yeah, I have a pretty bad track record (personally) figuring out when we are in the beginning stages of such bear market.. and the same is true when we transition out of the bear market into the bull market, frequently we don't really know until many months into it that we are actually in it, and the bottom is in.
Bear market is always shorter than the bull market
We have experienced three months of bearishness
Now it's time for the Bulls!!!!
We are around 16% away from ATH. We can do this.
We were not in a bear market.
We’ve been in a bull market since nov 2022, yet we might not have been confirmed to be in such bull market until Somewhere between July and October 2023.
Then the market was undergoing a long correction phase due to the tariff effect and stuff , and in the process alot of weak hands where wiped out , due to having the mindset that we are in the bearish market already,
I had people asking if we are in the bearish market already then , but this recent increase in the market as already given them some answers.
We cannot know for sure if we have transitioned into a bear market, yet there have been quite a few of us willing to take a bet that the top is not in (at $109,356), and so far no one has been willing to take the other side of that bet, even though they might spout out some BIG talk about our supposedly going into a bear market.
Historically, we have had a lot of folks selling way too many bitcoin too soon, and sure that is their choice, yet many of the longer term bitcoin holders have ultimately done a lot better by erroring on the side of holding and not selling much of their stash if any... except perhaps once they get to an overaccumulation stage.. and surely the newer investors should be buying through times like this, perhaps even through a whole cycle or two like the older bitcoiners ended up doing in past times... ..
and, yeah, I am not proclaiming that past performance equals future results, but there really is no sign that bitcoin is getting weaker as an investment, so those who are no coiners and/or low coiners should be stacking bitcoin until they are convinced that they are in an overaccumulation status... and yeah, each person is responsible to figure out how many coins he needs and/or to live with the consequences, while at the same time an overwhelming majority of the world's population are way understacked in bitcoin, whether they recognize and/or appreciate such fact or not.
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