If you think we are in a bull market you are delusional.
Measure from ATH to ATH in each cycle to truly work out if itβs a bear or a bull.
2013 - 2017: $1,000 to $20,000 π (20 x)
2017 - 2021: $20,000 to $69,000 π (3.5 x)
2021 - 2025: $69,000 to $108,000 π» (1.6 x)
A 1.6x over 4 years (2021 ATH to NOW) is bearish as fuck.
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3 green 1 red. I didn't make the rules and I won't be gambling my sats that the pattern finally fails.