No, Bitcoin is not in its ‘longest ever bear market’ — Here’s why

Cryptocurrencies like Bitcoin (BTC) are not in their “longest ever bear market” and probably are not even in a bear market at all, according to some industry observers.MN Trading creator Michaël van de Poppe took to X (formerly Twitter) on Aug. 27 to declare that Bitcoin is presently in its “longest bear market” in history. I think those that focus on short timeframes might be experiencing a bear market,” Jan3 CEO Samson Mow informed Cointelegraph.Related: Bitcoin soars in Argentina as Javier Milei wins presidential primaryThe Bitcoin supporter also hinted that he sees the current market situation as “very bullish” amidst contributing aspects like high inflation, loss of acquiring power, spiraling financial obligation and adoption by nation-states like El Salvador.” Taking the longest time frame for both past occurrence and future expectations, we can nevertheless determine that Bitcoin constantly has and constantly will be in a bull market,” he stated.Collect this short article as an NFT to protect this moment in history and reveal your assistance for independent journalism in the crypto space.Magazine: How to safeguard your crypto in an unpredictable market– Bitcoin OGs and experts weigh in

Cryptocurrencies like Bitcoin (BTC) are not in their “longest ever bear market” and most likely are not even in a bear market at all, according to some industry observers.MN Trading creator Michaël van de Poppe took to X (formerly Twitter) on Aug. 27 to claim that Bitcoin is presently in its “longest bear market” in history. I guess those that focus on brief timeframes may be experiencing a bear market,” Jan3 CEO Samson Mow informed Cointelegraph.Related: Bitcoin skyrockets in Argentina as Javier Milei wins presidential primaryThe Bitcoin advocate likewise hinted that he sees the current market situation as “extremely bullish” in the middle of contributing elements like high inflation, loss of acquiring power, spiraling debt and adoption by nation-states like El Salvador. Trim likewise has his own meaning of a bear market:” A bear market is what high time preference crypto investors experience regularly.” Taking the longest time frame for both previous incident and future expectations, we can nevertheless identify that Bitcoin always has and constantly will be in a bull market,” he stated.Collect this article as an NFT to maintain this minute in history and show your support for independent journalism in the crypto space.Magazine: How to safeguard your crypto in an unpredictable market– Bitcoin OGs and specialists weigh in