Why The Next Bitcoin Bear Market May Only Last Months

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Bitcoin is still struggling to get back above $60,000, and is sinking lower with each passing day. Another defense at $50,000 might be near, and if bulls cannot support the key level another time, a bear market could follow. According to the momentum of past market cycles, the next bear phase could be a walk in the park – potentially only lasting less than a year. Here’s one prominent crypto analyst’s take on what to expect if the top cryptocurrency reverses from here. A Bitcoin Bear Market Already? What About Stock-To-Flow? The idea that Bitcoin’s bull cycle is anywhere near finished is something that very few crypto investors would consider at a real possibility. With projections from analysts calling for hundreds of thousands per coin, and a stock-to-flow model essentially backing up claims with mathematical projections, it has brainwashed the community to believe nothing but a scenario where the cryptocurrency…

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