Nothings last forever (bear market) and we both know our hearts can change (to bull market)
Protip: We are not in a bear market.
Added Protip We are not in a bull market either.
You are not really giving any kind of "protip'.. You seem to be merely spouting off to try to proclaim that something meaningful has been happening in the past 6-ish months since mid-March.
Conceptually it is better to consider the BTC price situation as being in either a bear market or a bull market (and yeah another
protip: it does not flip flop between such statuses even if there might be some decent sized corrections along the way), but hey whatever you can believe whatever you like.
I would suggest that we have been in a bull market since November 2022, yet we likely were not able to really confirm that we had gotten into such bull market until either about mid-2023 or perhaps around October 2023 it was more concretely confirmed...
Ups and downs keep us clueless and feel its consolidating.
When it comes to "clueless" speak for ur lil selfie.
Corrections within the context of a bull market are not unusual, and actually they happen quite often... including little less than 30% corrections for ants that we had experienced in the last couple of months. At the same time, it is possible that we could end up going back into a bear market. such as getting within 20% of the 200-WMA (if that might be an indicator?), yet since the confirmation of going into a bear market tends to be a bit of a lagging indicator, which we might not know until after it had already happened (although bears, bitcoin naysayers, shitcoiners, fence sitters and perhaps a few other kind of negative nancy twats like yourself (and perhaps Paashaas?), may well be calling bear, bear bear in several premature time frames, and then sooner or later you guys will end up being correct and saying "I told you so."
In any event, personally, I suspect that we are not going to be going back into a bear market until either 2nd quarter of 2025 at the soonest or perhaps as late as 1st or 2nd quarter of 2026.. and yeah, I know that I gave a pretty BIG and non-commital spread, yet I am not really claiming to know much of anything except that I have a sense that we are still more inclined towards UPpity rather than DOWNity, which I would suggest causes us to be in a bull market rather than a bear market, and there is not such thing as in between.
Another thing that I would not mind repeating is that we seem to have been stuck in no man's land also known as don't wake me up zone (actually converted into that) since about late February (that is from about $55k-ish to $80k-ish).. and yeah, since we got into that price area and then kind of got stuck there without really bouncing back out in any kind of meaningful way.. .. except maybe we might say that we spent a bit too much time between $53k and $55k, yet largely we have not really bounced out of noman's land... that means that there is a bit of an extra few more percentages added on the UPpity rather than DOWNity inclinations of my lil precious, aka king daddy, aka honey badger, aka dee cornz... etc etc etc...
Anywhooooo.. no need to fret your seemingly scaredy cat lil head off about some kind of fear that "we" are failing to go up when largely we have just been ranging towards to the top of a price area for more than 6 months.. which seems like a BIG SO WHAT? in the whole scheme of things.
........ look at his graph: he says "bull market" and shows 6 mo of "flat red dots"...is this some kind of a new bull market definition? Compare this with all previous bulls indicated on his chart. I am OK for the current period to be referred as "consolidation" or "intermission" or even "accumulation".
Yeah. but you already know that we are either in a bull market or a bear market... There is no such thing as intermission... even though we can have intermission, consolidation and/or accumulation within a bull market.
Since when was there any kind of mystery in that? I ended up making a similar response to Stablexcoin.... so maybe I will have to put you guys in the same camp.. hahahahaha
I otherwise agree with your other critiques of PlanB's somewhat extreme claims. I am torn between stock to flow and power law, and they are not really that different from one another to the extent that either of them matter in regards to our speculations that BTC prices are going to tend to go up and to the right with sometimes our experiencing price moves that are above expectations and other times below the expectations with reversions to the mean from time to time, while at the same time probably never spending too much time exactly ON the mean.