Galaxybtc seems very positive about the future of the space. He wrote on Twitter that we have more than 411 days in a bear market. This is the longest bear trend since Bitcoin was born ten years ago. Additionally, there is no clear date for this bear trend to end.
Bitcoin was traded around $20,000 back in December 2017. At that time, the hype in the market was very high. Indeed, everyone believed that Bitcoin was going to reach $100,000 or even more. Nevertheless, this didn’t happen. Bitcoin plummetted down to $3,250 in December 2018. That represents a price decrease of 82%. Ethereum (ETH), XRP and Litecoin (LTC) experienced similar trends during the last year.
@Galaxybtc wrote about it:
“Today, we’re creating history with 411 days of the bear market and the longest since Bitcoin was born. No one can tell us exactly when is going to end, but it is important to remaining focused on the long-term and remember that it cannot last forever.”