A quick guide to the blockchain industry: bull and bear markets
· When the market shifts from one phase to another, this can usually only be confirmed in hindsight; it’s hard to tell while you’re in the middle of it.
· During an uptrend, small-cap tokens often fluctuate more than Bitcoin. During a downtrend, small-cap tokens also tend to suffer steeper declines.
Many people use the price movement of $BTC to describe the current phase of the overall crypto market.
#BTC
These are personal observations, not investment advice.
· When the market shifts from one phase to another, this can usually only be confirmed in hindsight; it’s hard to tell while you’re in the middle of it.
· During an uptrend, small-cap tokens often fluctuate more than Bitcoin. During a downtrend, small-cap tokens also tend to suffer steeper declines.
Many people use the price movement of $BTC to describe the current phase of the overall crypto market.
#BTC
These are personal observations, not investment advice.