No, Bitcoin is not in its ‘longest ever bear market’

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The Bitcoin advocate also hinted that he sees the current market situation as “very bullish” amid contributing factors like high inflation, loss of purchasing power, spiraling debt and adoption by nation-states like El Salvador. Mow also has his own definition of a bear market:

“A bear market is what high time preference crypto investors experience periodically.”

Quantum Economics’ Greenspan supported Mow’s remarks, arguing that Bitcoin has never even been in a bear market. “Taking the longest time frame for both past occurrence and future expectations, we can however determine that Bitcoin always has and always will be in a bull market,” he stated.

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