We are NOT in a Bear Market

I won't drag my post too long but would rather be precise and candid. To all of you who fear that we are in or that we are heading into a bear market, I give you the following :

1. In Bear Markets, the alignments of moving averages are all NEGATIVE i.e., 21 EMA is below the 55 EMA, 55 EMA is below the 100 EMA and the 100 EMA is below the 200 SMA.

2. As of writing, there's no such alignment.

3. All markets reflect HUMAN Activity and all human activity reflect our emotions of FEAR and GREED.

4. There will always be more greedy people than afraid people, which will help negate or at least equate the effects of pullback.

5. In a Bull Market, there's a series of HIGHER LOWS and any pullback gets quickly bought, which we are witnessing.

6. The same decisions that made you money in a Bull market will ruin you in a BEAR market and that hasn't happened either.

7. In BULL Markets, the 21 day, 55 day and 100 day moving averages are aligned above the 200 SMA which we are seeing as of writing.

So don't panic and make a stupid decision of cashing out now unless you need funds for an emergency. HODL onto your crypto and watch it grow.

Please follow me for more and comment below if u have any suggestions, queries or ideas. Stay awesome, stay healthy.