06-21-2021, 01:50 PM
Explain to me how this is still a Bull market
<!-- SC_OFF --><div class="md"><p>So, I posted about how important it was now that we are going sideways in a bear market to remember the reasons bitcoin was founded after 2008, and one of the interesting things from the replies to the post was a few People commenting how this wasn't a bear market, was still a bull market.</p> <p>The market is more than 40% down over the last month. Bitcoin has been coming down from a high of 60k+ since April.</p> <p>So which is it - bear or bull?</p> <p>Btw this isnt meant to be FUD, I encourage people.to buy the dip if they are able to, and to hold on rather than sell at a loss. I just want to understand how people still consider this a bull market in the face of current metrics</p> <p>Edit: to whoever was offended enough to downvote - it's just a question buddy lighten up</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/totalcryptonewbie"> /u/totalcryptonewbie </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o45r4x/explain_to_me_how_this_is_still_a_bull_market/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o45r4x/explain_to_me_how_this_is_still_a_bull_market/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>So, I posted about how important it was now that we are going sideways in a bear market to remember the reasons bitcoin was founded after 2008, and one of the interesting things from the replies to the post was a few People commenting how this wasn't a bear market, was still a bull market.</p> <p>The market is more than 40% down over the last month. Bitcoin has been coming down from a high of 60k+ since April.</p> <p>So which is it - bear or bull?</p> <p>Btw this isnt meant to be FUD, I encourage people.to buy the dip if they are able to, and to hold on rather than sell at a loss. I just want to understand how people still consider this a bull market in the face of current metrics</p> <p>Edit: to whoever was offended enough to downvote - it's just a question buddy lighten up</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/totalcryptonewbie"> /u/totalcryptonewbie </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o45r4x/explain_to_me_how_this_is_still_a_bull_market/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o45r4x/explain_to_me_how_this_is_still_a_bull_market/">[comments]</a></span>Kind Regards R