Is Bitcoin REALLY in a Bear Market?

Is Bitcoin officially in a bear market. The evidence suggests an interesting conclusion. I explain in the video.

Lets do a yearly comparison how much was btc July 1 ? Check every year back to its creation. I would say 6300 we are at right now is just fine. Also I take Warren Buffett advice do the opposite of what the fake news boob tube tells you

OK glad i am watching : either going up or going down---where can I send my money so u can invest for me . so if I put more money in it now it can drop or can go up---hmmm what the hell has the drop from $21000 to $5900 ---oh I get it not a bear move just an adjustment waiting for it to go back up. I like others predictions better they are saying $50000--now that is a predictions

meh, really depends on whether ppl are still over-invested, many bought way more than they were willing to lose in hopes and dreams for lambo, if you look around forums the amount of desperation is not yet there though, so these people have not sold, yet.

I have something to ask about cryptocurrency prices on the exchanges. Yesterday I bought $100 worth of a coin and now that same coin has gone up by 30%. But the price of the coin hasn't changed much on the exchange that I chose to buy it on. I'm trying to transfer it to other exchanges that match the actual price of the coin, but it says that the deposit is unavailable. What can I do?

It is my opinion that Institutional Investors are going to drive the price of all Cryptos down for a little while longer so that they can scoop up as much as they can. Once they announce they are on board prices will skyrocket, but the manipulation will be insane.
on my channel I've been talking about how this recent dip to $5,700 is the first lower low we've created. Therefore we are just now entering the bear market. Everything up to this point has been part of the bull run. Now that we are getting lower lows, that means we are entering the bear market.

80-90% of crytpos don't even have their own blockchains. They'll dwindle away with time, and only the legit UTXO blockchains (Bitcoin, Litecoin, DigiByte) will remain. DigiByte has the longest UTXO blockchain in existence, and the DGB core wallet has been downloaded more than 200,000 times, so DGB is highly distributed across the globe. DigiByte developers have often been ahead of the pack, for example DigiByte implemented segwit before Bitcoin and Litecoin. DigiByte is not a company and never had a ICO, so it's never at risk of being labeled a security by the SEC. It's soooo ridiculously undervalued right now.

A 70% drop is not a bear market? Then what is? Besides sentiment indicators for a Ponzi scheme cannot be interpreted the same way as for a real assets. In the case of a real asset bearish sentiment indicates the asset is undervalued. In the case of a Ponzi scheme it means no new buyers are coming into the market and the hype is over.