Why This Bear Market Is Especially Bullish
Hash rate hit an all-time high, miners seem to be done selling bitcoin, institutions are still interested and long-term holders continue to stack sats.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Sam Callahan to talk about the three main reasons he’s bullish on bitcoin, even during the depths of the bear market.Watch This Episode On YouTube Or RumbleListen To The Episode Here:AppleSpotifyGoogleLibsynSam Callahan: Hash rate going all time high is definitely positive. I think really that's a function of these miners....
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Market corrections and bear markets both involve price declines, but knowing how to differentiate between the two is crucial in protecting your investment portfolio. Market correction vs. bear marketTo summarize, here are some of the key differences between the two:While corrections and bear markets can be daunting, remember they're normal occurrences within a healthy economy. Learning to differentiate between the two will allow you to navigate them better.In terms of recovery time, markets tend to recover from corrections faster—typically within a couple of months. Bear markets, however,....
A look at previous bitcoin bear market cycles shows two distinct phases of capitulation and can give insight into how much longer the bear market will last.
Bitcoin price is sinking slowly from highs set over a week ago now, and bullish momentum is showing signs of waning. The peak of the bull market isn’t expected by most analysts for some time, however, a sizable reduction in BTC wallets with a balance of 1K or more coins, could be signaling a bear market is coming sooner than they expect. Here’s what past history says about this type of whale behavior, and what […]
Bitcoin price has been unable to get back to $50,000, but with momentum at its back for the first time on weekly timeframes since March, the top cryptocurrency might blast right on through it. Here’s a closer look at the significant bullish crossover brewing, but also what crypto investors might need to beware of if the market continues to consolidate further. Bitcoin Momentum Indicator Crosses Bullish For First Time Since ATH There is a battle of the words waging on across the crypto community – a fierce debate over if Bitcoin has started another bear market, or if the bull market....
Bitcoin is still struggling to get back above $60,000, and is sinking lower with each passing day. Another defense at $50,000 might be near, and if bulls cannot support the key level another time, a bear market could follow. According to the momentum of past market cycles, the next bear phase could be a walk […]