Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?
Can someone explain this to me i am curious to know, and if this question already ask please ref me topic to read so i can lock this?
Thank you.
Because sometimes market has driven out by fear. Those fuds spread by some certain institutions are use to manipulate the mind of the people to get afraid and that's stopping certain situation for bitcoin to create continuous demand. After big tragic events which affect a lot it really takes time for the market to recover because demands is not quietly surging at that moment.
But you can notice once halving nearly came you can see people to starting up to hold since many are expecting that there's great thing to happen and halving is triggering factor to activate the bullish season on bitcoin and other crypto.