The positive would be that digital currency would not be private but have the Bank of England behind it. We'd then have people with the integrity of the likes of Boris Johnson, Liz Truss and Kwasi Kwarteng having influence. Stability would be guaranteed.
I nearly bought at 20k in August and could have sold at 50k 2 weeks ago. It will be 100k by Christmas. Not sure if that’s $ or £ but who cares on the stairway to heaven.
A bear market is a 20%+ drop from a recent high sustained for a number of weeks. A bull market is a 20% plus rise from recent lows sustained over a number of weeks.
Of course cryptocurrency investors know everything and would claim this is a price correction as Bitcoin marches on to $100,000...