Looking at the historical value chart, we can see that the upward trend has been broken and that is where bears come into play. This happens with a cycle in bitcoin.

Trading in the bitcoin market is exciting and unpredictable, and while it has been interesting to trade, it is a little scary at times. The sudden crashes that happen on a regular basis serve as a reminder that trading cryptocurrencies is not for the faint of heart. Yet, for long-term investors, the potential reward far outweighs the risks, and the cryptocurrency market continues to trend upward.