What exactly distinguishes the commonly discussed bull and bear markets?
In the stock market, a decline of more than 20% from a peak is often considered a bear market, but there is no universally accepted definition in the crypto market.
Sentiment itself can also amplify price movements: more money tends to flow in as prices rise, while panic selling increases as they fall, making the market even more volatile.
Many people use the price movements of $BTC to describe the current phase of the entire crypto market. Current price: 83067.6.
Keep your position size within your means and leave yourself plenty of room to maneuver.
#BTC
In the stock market, a decline of more than 20% from a peak is often considered a bear market, but there is no universally accepted definition in the crypto market.
Sentiment itself can also amplify price movements: more money tends to flow in as prices rise, while panic selling increases as they fall, making the market even more volatile.
Many people use the price movements of $BTC to describe the current phase of the entire crypto market. Current price: 83067.6.
Keep your position size within your means and leave yourself plenty of room to maneuver.
#BTC