Blockchain Industry | Bull and bear markets are often mentioned—how exactly are they distinguished?
In stock markets, a decline of more than 20% from a peak is commonly considered the start of a bear market. The crypto market has no universally accepted definition.
A “cycle” is a summary of past trends, not a rule written into a protocol. With limited data and changing conditions, past patterns don’t mean the same thing will happen again.
Many people use the trend of $BTC to describe the phase the crypto market is in.
Understand the principles before taking action, and don’t place orders on impulse.
In stock markets, a decline of more than 20% from a peak is commonly considered the start of a bear market. The crypto market has no universally accepted definition.
A “cycle” is a summary of past trends, not a rule written into a protocol. With limited data and changing conditions, past patterns don’t mean the same thing will happen again.
Many people use the trend of $BTC to describe the phase the crypto market is in.
Understand the principles before taking action, and don’t place orders on impulse.