It is very interesting when we discuss when the bull market will end, because surely everyone has different opinions. Because it is very difficult
to predict the price movement of Bitcoin, even the increase in the price of Bitcoin to $ 40,000 no one expected. But usually if the Bitcoin price
increase is too high like now, usually in the near future there will be a bear market.
Based on my prediction the end of January the bull market will end, then my prediction regarding the lowest price Bitcoin that will occur in the next
bear market is that it will drop to $ 10,000. Because seeing the Bitcoin price that managed to go up above $ 40,000 if it fell back below $ 10,000
it seems unlikely. Hopefully my predictions are correct.
I disagree that it has to have a bear market very soon, after all we could potentially stay here for a while as well. Remember that 10k period? For nearly 6 months we have stayed in 10k price point , in 2019 it was really crazy because we were like 8k to 12k constantly without going any down or higher than that.
Theoretically, anything can happen (it could be dump or pump) cause the market trend is totally different from previous ATH market and evaluating the primary investors (which are the institutions) the momentum which the market will pose is determine by their decision if they choose to hold then will can only see fraction of market correction but if dump will happen that will be after the altcoin bullish end.
No man on this world would able to know on where this market will be heading.Its very unpredictable since from the start, we dont know if this one will be similar into those times that we had seen in previous years.
We dont know on how low it would go or how high it would be. Bear market is always next on the line but there are no indications on when it would happen.It can just happen without us knowing that it is already going down.
Thing here is that we do know on how to reach when this thing do happen, we do know on how to take opportunity to buy when its cheap because after such dip of price it will eventually
recover later on which means that is already a profit.