I don't get why some people always confuse sideways market with a "decline" or bear market. There is none of that. Price is still going up towards $25k and each time it fails to break that resistance it comes back down to $20k to repeat the same thing again.
A decline would be if price continued going down and set a new low every time it did. But it is obvious that price has not been going below $20k for the past 2+ months.
They don't have idea about the actual market conditions and goes with the same statements that are circulating around around.They ignore the volatility factor and always beleive it will go up and if it's down like say 2-3% also they start claiming it's going down but in reality we have seen some upward trends from few weeks but we will need major investments both retail and institutional for big boost because the market cap and price is too big for any changes like 10-15% price pumps also need heavy investment unlike shitcoins which are manipulated through centralised wallets only having most of the supply.A decline would be if price continued going down and set a new low every time it did. But it is obvious that price has not been going below $20k for the past 2+ months.
We are still in growing phase and soon we will see pumps coming to the market and resistance of the market is holding at $20-$22k levels at the moment but people who panic sell contribute worse to the situation and this is we have seen in past months which restricted prices to go up but still we are not so much down which they need to understand.
