Is bear market started? ✍️

Good evening to all my friends. I hope you all are doing well. Let's talk about crypto market. Friends, there’s a concern about whether the market has reached its top or if we are entering a bear market. Many are wondering if the market will keep falling. In this blog, I’ll address that. Let’s start with Bitcoin. Bitcoin’s performance impacts altcoins. Despite some good news, the market isn’t reacting well. In December 2024, Bitcoin was above $100,000, but now it’s much lower. Bitcoin often follows global liquidity, and after each market bottom, there’s usually a rise. However, Bitcoin is currently not following this pattern, with a 70-day delay.

This suggests that Bitcoin might reverse around March 27th, 2025. The altcoin market cap is also consolidating, similar to Bitcoin. The global liquidity shows that altcoins tend to peak with liquidity, but right now, the market is flat. China and Germany are printing trillions of dollars to boost their economies, so I don’t think the market has topped out yet. Bitcoin whales are still holding their positions, unlike past market tops when they sold. Crude oil is forming a bearish pattern, and if it breaks down, it could impact US inflation. The next inflation data release on March 12th is expected to show positive trends. In conclusion, I believe the market might recover soon as inflation in the US is starting to decline. That's it for today. Thanks & have a good day!!