“The bull market is here” and “the bear market isn’t over yet”—what are these claims actually based on?
Definition: A bull market generally refers to a period of sustained price increases and optimistic sentiment, while a bear market is a period of sustained declines and subdued sentiment.
The logic behind it: “Cycles” are summaries of past trends, not rules written into a protocol. There are few data points and conditions change, so past patterns don’t necessarily mean the same thing will happen again.
Many people tend to use the price movements of $BTC to describe the current phase of the entire crypto market.
There’s nothing wrong with taking it slow. Staying in the market matters more than how much you make in a single trade.
@Binance BiBi
Definition: A bull market generally refers to a period of sustained price increases and optimistic sentiment, while a bear market is a period of sustained declines and subdued sentiment.
The logic behind it: “Cycles” are summaries of past trends, not rules written into a protocol. There are few data points and conditions change, so past patterns don’t necessarily mean the same thing will happen again.
Many people tend to use the price movements of $BTC to describe the current phase of the entire crypto market.
There’s nothing wrong with taking it slow. Staying in the market matters more than how much you make in a single trade.
@Binance BiBi