Are we at the start of a bull market?
BTC, ETH and most other coins are up almost a 100% from from their all time low, still much higher than the previous all time high and at least in the case of ETH and BTC, they're almost at 50% of the current all time high.
Traditionally after a the start of a bear market, crypto has bottomed out after about a year. Right now it's been more than a year since we have hit all time highs.
In a bear market, prices will go down despite any positive news and in a bull market prices go up despite any negative news. We have just done that, after the FTX collapse we suffered for a while but we finally came back stronger, after that we have had the SEC go against staking as well as try and get us labeled as securities. More recently the CFTC went after Binance and CZ. But everytime it seems like only a small bump on the road for crypto as we come back stronger and stronger.
My prediction is that we've hit the bottom already and it's only up from here.
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