"Whenever the bull market ends, the bear market begins"
shares are making the rounds. We often hear such sentiments during corrections in #BTC, and they persist with every downturn. The key is grasping the primary trend's direction and responding accordingly.
Bitcoin's ascent from $15,000 to $75,000 over the past 18 months indicates a prevailing upward trend. Despite occasional dips, such as the five drops exceeding 20% in this period, the overarching trend remains positive. Long-term optimism stems from this upward trajectory.
Short-term declines are merely corrections within this context. Previous downturns have been swiftly overcome, as illustrated in the attached graph. #bitcoin #Memecoins