In summary
Willy Woo says the current fear in the crypto market does not signal a bear market.
The analyst says bear markets only show fear when the price hits new lows.
The Crypto Fear and Greed Index fell from 50 to 28 in one week.
Read the original story: Is Bitcoin in a bear market? Willy Woo’s answer depends on a single test by Phil Haunhorst at es.beincrypto.com