Just how bad is the bear market right now?
Historically low prices have endured for a longer period of time in the present bear market cycle than in any other.
Bitcoin price is at $16.8k at this time and it''s lower than what we had in early this December. That means the altcoin price is also going down reacting to this Bitcoin's price down. For people who have bought altcoin with high price in this early December, then would recommend to wait for a bit because the price would continue to fall considering the situation right now.