Bitcoin Market Analysis: Is the Bear Market Really Over?

The Current State of Bitcoin

Bitcoin (BTC) is currently dangling on the edge of $21,000, teasing both bulls and bears alike. While it has recently experienced a bout of impressive gains, the air is thick with skepticism. Are we on the brink of a bull market, or just lingering in the twilight of a bearish hangover?

Market Sentiment: Divided and Conflicted

Opinions are as split as the meme-worthy memes of cats fighting over a box. Some market analysts, like Chris Burniske, firmly believe we’ve entered a new phase, stating, “Now bears will be caught in the vicious cycle of praying for pullbacks.” Yet others, like the cautionary Lemon, foresee further dips, suggesting we might not be as far from macro lows as we’d like to think.