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Today at 04:36:36 AM |
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Guess it depends what you consider to be bull or bear market. We are obviously still in the lower end of the 60k-126k price range, but I think it's pretty clear 60k was the bottom and it'd take a very serious shock to the market to reverse things and drag it back down to that level.
So if by bull market you just mean the bottom is in and price is heading up, yep it's a bull market. But if by bull market you mean sentiment is high and price is gonna keep pumping a ton and blow by the ATH anytime soon, well obviously that's not the 2026 market.
The market has turned the corner, bottoms are in and price is gradually grinding up, but sentiment and buy pressure is not there for what I think people would say is need to consider it a bull market. I'd expect that to happen second half of 2027 as that is when I think we'll see it approach as pass the ATH as it moves that next step higher during some time period ranging in 2027/2028/2029.
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