Today I read a post from altFINS about current crypto and macro situation.
Do you think the bear market will continue until FED will end raise interest rates?
The Fed's raises in interest is not the reason for the bear.
I agree that we are in a bear market and this is a cycle that we will face with no way out of it, it is inevitable but the Fed's interest rate hike also has a significant impact on the market, every time they announce an interest rate increase, almost every market is in blood.
Even if the bear season ends, that means the 4-year cycle is over and if inflation continues and the Fed continues to raise rates, I also believe that the market is unlikely to rise and we will say that the bear market lasts longer than ever.
We don’t know how many more days or weeks the bear market will last, but yes we can estimate and make predictions for the same.
You shouldn’t panic about the bear markets frankly speaking, as bear market comes with great opportunities to buy the high priced cryptos in comparatively low price.
So if possible buy as many Bitcoins or your desired cryptos now. After few weeks or months when the bear market will end, you will be full of profits.
We truly don't know how many days the bear market will last but since Bitcoin still replicates its 4years cycle I have a reason to believe the bear market will end next year after the altcoin season market is over.
The problem most crypto investors had is that they see the bear market as an enemy.
Yes, bear market is not so bad, how would we profit without bear market, it is a place for us to buy crypto assets cheaply. Many people don't see that potential.