Post
Topic
Board Bitcoin Discussion
Re: Comparing the previous bear run of Market
by
pawanjain
on 25/03/2022, 16:37:31 UTC
I would like to follow the market trends with great interest and compare the current market price movements after the end of 2021 with previous bearish trends such as the 2018 bear market. I think the cryptocurrency bearish trend may have changed the pattern and took another dimension. . If you've been following the market trends, you've probably noticed that what's happening in the market right now is different from the 2018 downtrend, but yet another sign of a bearish move. What is your opinion

Yes the market has matured these days because the number of investors and traders have grown a lot.
Also, we don't generally have the same kind of people so may be new investors and traders have joined in this time causing the bear to be less effective when compared to previous bear trend.
Also, I particularly don't think that the bear trend has started quite yet. In fact we are seeing signs of slow recovery these days.
If things go well we might get back to the 60s soon  Smiley