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[Bitcoin] Bitcoin could be entering a long term bear market, similar to the period between November 2013 and May 2015.

People entering the crypto space since december 2015, have almost only experienced a bull market price in Bitcoins price

I have been interested in Bitcoin and blockchain technology since april 2013. I remember very well the days after discovering Bitcoins, I didnt sleep for 2 days, since I was thinking about this life changing technology. My thought about this was wild and might be a topic for another time.

My question today is: Are Bitcoin and crypto currencies as a whole entering a long term bear market?

It is impossible to predict the future, but there are signs that we could be entering a long term bear market. There is a lot of FUD being spread in these days and Bitcoin have taken some huge price dips, it could be a long term bear market.

As you can see in the above graph, then a long term bear market have happened before for Bitcoin. Here is the period from November 2013 till May 2015, a period where many was calling Bitcoin for "dead". In reality I knew Bitcoin was not "dead" and that it was only a temporary movement, I think we could be entering a similar period now, but only time will tell.

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