Considering the current price data for Bitcoin on May 18, 2025, it is difficult to definitively determine whether we are witnessing the beginning of a bear market. Here are some points to consider:
🔴Points that may indicate the beginning of a bear market📈:
♦️Minor declines: In the past few days, there have been some minor declines in prices.
♦️Mixed technical indicators: Some short-term technical indicators suggest bearish momentum, although long-term moving averages remain bullish.
♦️Decline in trading volume during recent highs: This indicates a weakening of buying strength.
🟢Points that indicate a continuation of the upward trend or uncertainty📉:
✅The overall trend is still bullish: In the medium to long term, the price of Bitcoin still shows an upward trend.
✅Prices are still relatively high: Current prices are still much higher than they were a month or a year ago.
✅Positive forecasts: Some analysts still expect significant price increases in the future.
To determine whether we are in a bear market, it is important to monitor:
⚡Continued price declines: Will the price continue to decline significantly?
⚡Breaking key support levels: Will the price break through important support levels?
⚡Change in general sentiment: Will fear take over the market?
54252703188