End of the bear market theory.

We’re at a pivotal moment here. If we can break above the 50 MA and close well above it for 1-2 weeks I’ll confidently say the bear market is over and we would be Marco bullish.

BUT if we reject from here we’d most likely get the final leg to the downside to around 48-50k. Which would also line up with 4 year cycle bottom and would also be around the longterm holders realized price currently at 49k.

If you FOMO in rn just be prepared for a possible 30-40 percent correction.