This Bear Market was very different from all other bear markets, this time there was an on-rush of people to buy the Bear Market bottom during the midst of fear and pain.

As much as we all like to create some kind of an illusion that there can be certainty in the Crypto market, through various theories like the 4-year cycle theory that is supposed to predict each bear market and bull market. While all of this has been proven a couple of times historically, there is also no doubt that with such new mass adoption the landscape of the whole Crypto market has basically changed.

And we should not be foolish to use the same sets of rule for a Crypto market that was barely known by anyone outside of the very people that put money in, in comparison to today where most people have at least once heard of the term “Crypto“.

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New Entities in BTC chart, from MitchellHODl, Showing extraordinary growth in this bear market

This chart is one primal example of that, here we can see the growth of New Entities (Addresses) entering Crypto and it is clear how each spike has been for a bull market, but there is one one thing standing out and that is the immense spike (that even goes over the bull market 2021 level) that happened during the $15k bear market bottom last year.

This is incredibly bullish, seeing that Crypto has gotten to a stage where we can even get such hype during the midst of a bear market is unfathomable and shows the first signs of real mass adoption.

Maybe the Crypto landscape truly changed to a point of no-return, we can also see that once we look at the nearly regular trendings of “Bitcoin“ on Twitter/X and that even in this bear market. Crypto truly has become a topic to discuss everyday for people, no matter the short-term price.