kaiju_crypto

what is a bear market in crypto

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BITSTAMP:BTCUSD   Bitcoin
you'd think that a bear market is a downtrend ? well, no, a downtrend is a downtrend

a bear market, is when retails have CAPITULATED, when prices dump and doesn't bounce back hard, when prices keep on moving sideways, CONSOLIDATING, making traders lose their mind for months/years, because everything is moving sideways, no big short to play, no big long swings to play either

that's what a bear market is (to me), a market consolidating, going sideways for MONTHS/YEARS

which would be actually amazing to peacefully accumulate while most retails will give up on investing in crypto because they will have lost their shit and lost faith in crypto

this is just my personal opinion, not a financial advice
it's simply my perspective shared to you

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