Is Bitcoin in a Bear Market? Willy Woo’s Answer Hinges on One Test
Bitcoin sentiment has slipped into fear, but Willy Woo says that rules out a Bitcoin bear market. See his test and what would break it. The post Is Bitcoin in a Bear Market? Willy Woo’s Answer Hinges on One Test appeared first on BeInCrypto.
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinBear market
A period in which market prices fall substantially, commonly defined as a drop of 20 percent or more from a recent high.
Bear markets often signal economic worries and reduce the value of investments.
More about Bear marketFrom the blog
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