First of all, there is a 0% chance that we are in a bull market like this dumbass post with 1k upvotes stated.
Second of all, we ARE in a bear market. And I am not talking about the last few weeks. Crypto is on a steady decline for 7 MONTHS, and people want to still argue that this isn't a bear market?
By definition, a bull market occurs when securities are on the rise, while a bear market occurs when securities fall for a sustained period of time. If 210 days of steady decline isn't a sustained period of time, I don't know what is.
Personally, I haven't invested in the last few months for various reasons. The main one was that all altcoins were -70% down from ATH, while BTC was still at 40k. Now tell me what would happen if BTC reached 28k like it did last year? Altcoins would be most likely down -85%.
The rate hike, inflation, the Ukraine war and the stock market being in a bubble for almost 2 years now are just some other reasons.
So when will bull market start again in my opinion? Sadly, I believe it will happen only after a market crash. There will be a nice reset, investing going back to normal and people buying the dips, potentially war being over or even getting inflation under control.
Currently, no investor will ever go all-in with their money if there are so many risk factors.
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