Change type. Click for search in Exxeble Search Engine.


Rachel Welch

31 October 2022 182 Read Crypto

Signs of a Bitcoin Bear Market

One of the first signs of a bitcoin bear market is an excessive valuation. This means there is a lack of confidence in the currency. This means less trading. This is often accompanied by a value correction. As a result, fewer investors are interested in buying crypto.

Another sign of a bear market is the emergence of fear. Fear creeps into the market when the price of a particular cryptocurrency is frothy and everyone is selling. When this occurs, the price declines significantly and fails to recover quickly. Technical bear market indicators will indicate lower lows and lower highs. If you are a contrarian investor, you may be able to take advantage of these dips and purchase cryptocurrencies at a lower price.