Viewing a response to: @crypto.piotr/pzemjy
> I found it so confusing. Since beginning of this year, BTC went up way over 100%. So saying that we're in bear market doesn't seem to be right since price have been climbing up steadily most of the time (except of recent huge panic sell). Well, it could be a bit confusing to decide whether or not we are in a bear or bull market since BTC rose over 400% this year alone. However, BTC is still over 50% down from its all time high while most other coins are 95% or more down from their highs. So, we are still in a bear market - although a bull run is gradually building up. Cheers! PS: I have shared this post with #Projecthope. Thanks for the upvotes. Cheers!
post_id | 80,910,409 |
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author | gandhibaba |
permlink | pzfdpf |
category | bitcoin |
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created | 2019-10-15 16:56:09 |
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root_title | "The Anatomy of Crypto Bear Markets and Why It Doesn't Last Forever" |
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