We typically refer to a bear market in the cryptocurrency market when a significant coin fall threatens long-term stability. The bitcoin industry is at a pivotal point. Only those who can effectively utilize this period will prosper in the following bull market. To succeed in the cryptocurrency world, in my opinion, the bear market is essential. Both surviving and remembering when it's a good moment to restock your wallet is necessary here. The serious cryptocurrency investors will hopefully be able to accept this bear market.
For last few days we have seen very good movement in bitcoin price. Some people think that we are near the end of bear market which may not be the case. Bitcoin might dump again after reaching a certain point. There may still be times while we can build over portfolio in this bear times.