I agree with the price chart and last three near market which has happened every four years and if we go by chart then 2022 has to be bearish year but if we consider the institutional investments it's not the same case in previous three best run as we have some whales but not the institutional investment into bitcoin, i think 2022 is different that the previous years and we might see correction phase for a while and the 4 year bearish run cycle will break this time.
I do understand that institutional investors can make a really huge impact in the market, but I wouldn’t say that it’s going to prevent the market from passing through another bearish trend. We are still going to see another bearish trend, but the thing is that it is going to be a huge difference from what you have been seeing in the past.
But, the good thing now is going to be that the market is not going to drop as low as it used to do before, the drop is going to be moderate than the past price dips we have seen. So, as for the bear trend,it has emerged and it is not stopping soon, the market doesn’t just keep going upwards without it being a time that it is going to at least drop to another low price but the good thing is, the bottom will be still above $30k levels.
