Despite a recent drop in Bitcoin’s price, reaching around $100,000, claims of a full-blown bear market remain unsubstantiated. No official statements from key players like exchanges or crypto leaders confirm such a dramatic shift. Analysis points to a lack of significant movement in market data like on-chain transactions and trading volumes, suggesting stability rather than volatility. Key analysts maintain a cautious outlook based on historical data, predicting the price will likely settle around $150,000 by year-end. This prediction aligns with the view expressed by Michael Saylor, CEO of MicroStrategy, who believes the current market dynamics are not indicative of a bear trend.