How long will the bear market last? Signs to watch for a crypto market reversal
This crypto bear market has been long and painful, but here are a few signs that might signal when it could come to an end. The current crypto bear market has induced panic, fear and uncertainty in investors. The dire situation started when the global crypto market capitalization dropped below the $2 trillion mark in January 2022. Since then, the price of Bitcoin (BTC) has decreased by over 70% from its all-time-high of $69,044.77 reached on Nov. 10, 2021. Similarly, the values of other major cryptocurrencies such as Ether (ETH), Solana (SOL), Avalanche (AVAX) and Dogecoin (DOGE) have....
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Calling a market bottom is impossible, but traders can use these five indicators to get an early signal of when a bear market is close to ending. The bull market is gone and the reality of a long crypto winter is surely giving traders a bad case of the shivers. Bitcoin’s (BTC) price has fallen to lows not even the bears expected, and some investors are likely scratching their heads and wondering how BTC will come back from this epic decline. Prices are dropping daily, and the current question on everyone’s mind is: “when will the market bottom and how long will the bear market last?”While....
For experienced investors, a bear market is nothing out of the norm. It has happened in the past, and it will happen again — even in cryptocurrency. The majority of new investors are in the middle of their first crypto winter, during which most digital assets have depreciated by more than 70% from their November 2021 highs. While a bear market is tough for everyone, it can be especially challenging for those who are new to the space and don’t have much experience dealing with market volatility.That said, there are still opportunities to earn passive income during a bear market — crypto....
This is the weirdest bear market to date. It seems like most people were prepared for it, even though the death spirals and Chapter 11 bankruptcies that started it came out of nowhere. In any case, every coin is in the red. The market should be in a state of fear, uncertainty, and doubt. That is certainly not the case for the two leading cryptocurrencies. The circumstances might be different for each one, but both markets show signs of unwavering conviction. Related Reading: 62% Of Addresses Keep Their Bitcoin Holdings For Over A Year In Bear Long-time holders of bitcoin and ethereum seem....
The current crypto winter has left bearish sentiments on Bitcoin and other crypto assets in the market. As a result, several, if not all, assets’ values are on their way to the bottom, leaving massive losses for retail and institutional crypto investors. Experts have released several speculating analyses regarding the ongoing bear market, including the condition of Bitcoin and possible future expectations. Bitcoin price remains at the $19k level, never exceeding $24k in the past months. Following the ongoing price trend, a prolonged decline is possible. Related Reading: TOP 5 Cryptos....
The chase for the bitcoin bottom is still on since the digital asset fell below its $20,000 price level. Given that the bear market has not been long in the making, it stands to reason that the bull market isn’t here just yet. However, being able to pinpoint when the cryptocurrency has reached as low as it will go can help make smart investment choices and the previous bear trends can shine a light to how it might play out. Previous Bitcoin Bear Markets The most recent bitcoin bear markets point towards some important trends that may occur before a bitcoin bottom is established. The 2018....