Bull and bear markets are often talked about, but how exactly are they defined?
Macroeconomic liquidity, interest rate changes, regulatory policies, and major industry events all affect the phase the crypto market is in.
“Cycles” are summaries of past trends, not rules written into protocols. With few data points and constantly changing conditions, past patterns don’t necessarily repeat in the future.
Many people tend to use the price movements of $BTC to describe the current phase of the entire crypto market. Current price: 82488.47.
Understanding the principles can help you avoid some pitfalls, but it can’t replace risk management.
#BTC
Macroeconomic liquidity, interest rate changes, regulatory policies, and major industry events all affect the phase the crypto market is in.
“Cycles” are summaries of past trends, not rules written into protocols. With few data points and constantly changing conditions, past patterns don’t necessarily repeat in the future.
Many people tend to use the price movements of $BTC to describe the current phase of the entire crypto market. Current price: 82488.47.
Understanding the principles can help you avoid some pitfalls, but it can’t replace risk management.
#BTC