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.
The market is more than 40% down over the last month. Bitcoin has been coming down from a high of 60k+ since April.
So which is it - bear or bull?
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
Edit: to whoever was offended enough to downvote - it's just a question buddy lighten up
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