I've experienced 2 full macro bear markets & I understand the fear of another one starting. I have no doubt we'll see another macro bear market but we're not there yet. IMO the bigger gains are still to come & those who panic sell now will miss another big leg up in the market.
Only short term and leveraged traders are fearful right now. For responsible long term investors, there's nothing to fear. Blockchain will completely transform all of our current systems and life as we know it.
Just to recap:
#Bitcoin wasn't hacked (FBI)
Bitcoin isn't a scam (Trump)
Bitcoin wasn't banned (China)
Bitcoin isn't killing the planet (Elon)
Tesla didn't sell (Elon)
Microstrategy buying more (@michael_saylor)
El Salvador & LatAm embracing Bitcoin (@nayibbukele)
... onwards!
We will either see a great comeback of BTC, ETH, and all other alts or we need to accept that the top was in and the market goes sideways or even lower from here
I know, TA works great but there are a lot of other factors playing a big role. No one can really predict this market
On the other hand, I also think that the market doesn't give you almost 2 months to sell the top, so there must be something brewing behind the scenes.