Greetings to all the readers of this great platform, especially to those who make life in the great community of #LeoFinance, in the present opportunity I want to talk a little about this bear market so long, and a little about what is rumored in its near future regarding the market, as some specialists in the area are more positive and others really pessimistic about the recovery soon of BTC, which may already be very close.
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We have really had a prolonged and difficult bear market, which has fallen for some people more than expected and others think that it still has some way to go before reaching its low of this year, despite these circumstances the market has held firm in the 20k zone for a long time, enduring the constant attacks while it finishes its full year that corresponded to its natural bear market cycle, which should come to an end in a couple of months.
Being this the situation faced, some specialists begin to see a possible end of the Bear Market, and that in November we will recover an uptrend, closing the year very close to the 30k of the BTC price to have a good start in the year 2023, being a very possible theory, mainly due to the BTC cycles where the next year corresponds to a recovery and beginning of the bull run that this may have in the market, so the theory is possible.
On the other hand, there are people who add to the FED announcements and are a little pessimistic, they assume that the market may be bearish for much longer, due to interest rates and be recovered in late 2024 or early 2025, a theory that for me is unlikely, since a bear market of 3 years does not make sense, much less when the reduction in the issuance of BTC arrives, which always makes the market increase in a big way, for which there is little time left.
