back in a bear market, very short lived and pretty shit for us. Cant imagine what the bear winter is going to be like, anyone who thinks we still in a bull market is flat out in denial.
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back in a bear market, very short lived and pretty shit for us. Cant imagine what the bear winter is going to be like, anyone who thinks we still in a bull market is flat out in denial.
I believe we're still in a bull market. If I'm wrong then this one has been the shitiest ever.
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Thats not very optimistic :)
true we could still be in a bull market, im just not optimistic your right.
Everything is on the table, I want to stay open mined about things, and the bear market in the moment probably has a higher chance then the bulls.
I'm personally undecided at this moment. Hope for another move up from September, but also ready for the bear.
What are the signals you are seeing for the bear?
The main one being the death cross, the huge correction in the chart and the absolute denial. The other one being the hype, even some of my friends have been buying crypto this year. I was of the same opinion as everyone that this will last all year but i just think this time is different and that actually we have been in a stealth bull run for a year already. 3k to 66k in one year is an epic bull run. Ethereum from bottom of 100 dollars to over 4000 is an epic bull run. All the warning signs are there to me all these coins are pumped and all they will do now is deflate. I could be wrong i hope im wrong but i dont know. Only thing making me bullish is that everyone is awake to bitcoin now, they only see it going one way up over the long term so the demand is going to be off the charts for quite some time.
I also think about these numbers, but somehow I see the lows as a covid anomaly. Without the covid correction, BTC would have been somewhere around 10k, so a 10k to 60k ... Anyways still undecided, meaning around 50% in stables would be the way to go at this point, and no longs or shorts...
Without Covid 10k bottom, without Micheal Saylor and Elon musk 36k top. Still room to grow there but what worries me as well is the stock market. Bitcoin has never been through a stock market crash in over 10 years. This makes me concerned because i wouldn't put money in the stock market but yet if it crashes it will drag Bitcoin down with it so effectively we all have money in the stock market.