Is A Bear Market In Equities Unfolding?
Despite the recent rally in equities, the bond market has meaningfully reversed and resumed its sell-off while treasury yields rise with inflationary pressure. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.Bear Market Rallies In today’s issue, we will revisit the ever-changing dynamics in legacy markets, with a focus on the history of U.S. equity bear markets.At the time of writing, the S&P....
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Rejoice! The bear market might be over. That’s the main thesis behind July’s “The Bitcoin Monthly” report. “Because bitcoin’s price did not rise parabolically during the 2021 bull market, its bear market correction could be over,” ARK reasons. And it makes sense, the numbers seem to suggest it, and it feels like it. However, are we fooling ourselves? Is ARK’s reasoning wishful thinking? Let’s examine the data and see what it tells us. First of all, “bitcoin closed the month of July up 16.6%, rising from $19,965 to $23,325, its most significant gain since October 2021.” So far, so good. Can....
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.
For the second day straight, Bitcoin is up while equities fall. Is this the beginning of a decoupling from traditional markets? @SmartContracter picked up on this trend yesterday by saying: “was very surprised to see this today, but there is nothing i would like more than to see btc break its correlation with equities.” However, […]
The crypto market has seen over today’s trading session as large cryptocurrencies retrace as much as 20% during the weekend. The near term seems likely to trend to the downside, at least until the end of the week, according to a group of experts. Related Reading: Polkadot (DOT) Hits The Brakes At $7.34 After Brief Recovery At the time of writing, the crypto total market broke below the $1 trillion mark and could re-test support at $920 billion. Macro conditions seem to be pushing down risk assets, such as cryptocurrencies and equities, In a market update shared with NewsBTC, Matt Weller,....
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 […]