You will see the end of this bear market by these following indicators.
1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.
If you will get tired of seeing indicator 3, then it's time to buy, not before.
1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.
If you will get tired of seeing indicator 3, then it's time to buy, not before.
We have already met all three sufficiently for the price to rise.... at least 1 and 2, which seem the most potentially relevant to this lame-ish description of prerequisites.
Regarding #2 we have been between $420 and $599 for about 3 weeks... that is quite a long time.
Actually, regarding #3, this is NOT any kind of necessary prerequisite