I'm trying to tell you that that you can't just look at cryptocurrency and claim a bear market. Same way it's not a bull market if one individual sector is down. Cryptocurrency, because it's also seen as an investment, must also take into mind other investment options. Particularly another common option: stocks.
One may claim that cryptocurrency has survived many bear markets if you only look at cryptocurrency. Someone else may claim that the only reason cryptocurrency hasn't died out is because it's standing on the shoulders of the longest running bull market in history when looking at stocks. There is so much money and confidence about that people are just looking for places to park it. The question is: Does cryptocurrency remain when the fun and games end, or was it just tulips?
