With bitcoin 'bear markets' like these, who needs the bulls?

Rosalinda Cruickshank asked a question: With bitcoin 'bear markets' like these, who needs the bulls?
Asked By: Rosalinda Cruickshank
Date created: Thu, Jul 15, 2021 5:46 PM

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❔ Important: bitcoin bulls must hold these levels !!!! ?

Technical analysis/ key price leves bitcoin must hold.FREE Training ️The SIMPLE Strategy I Used in the LAST 7 MONTHS to MAKE $400 ... Bitcoin important update.

❔ Real returns accomplishable with hy markets bitcoin?

Bitcoin, Hy markets Bitcoin and other cryptocurrencies are “stored” mistreatment wallets, blood type notecase signifies that you own the cryptocurrency that was …

❔ Who needs bitcoin?

Well, Bitcoin was only invented in January 2009 following the 2008 global banking crash, so you can only compare Bitcoin to gold for the past 10 years. And it’s true, if you were among the very few tech insiders who knew about Bitcoin in the earliest days – when it sold for only $0.0008 to $0.08 per coin – then you could have made staggering profits.

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With Bitcoin ‘Bear Markets’ Like These, Who Needs the Bulls? Bitcoin could be in for a long, cool spring of modest new all-time highs followed by sudden dips. Galen Moore

Bitcoin seems to demand a different standard to define bull and bear markets: The 20% dips come too frequently, and are often just part of a broader run-up. Last weekend’s dip wasn’t the first time in 2021 that a price drop of 20% or more prompted headlines proclaiming a bear market.

With Bitcoin ‘Bear Markets’ Like These, Who Needs the Bulls? Markets. 30 April 2021. The first half of 2021 has so far offered some significant opportunities for bitcoin bears to be wrong. The most salient of them came this past Sunday, when the bitcoin price suddenly dropped to $47,073.37, down from a freshly set all-time high (just 11 ...

With Bitcoin ‘Bear Markets’ Like These, Who Needs the Bulls? The first half of 2021 has so far offered some significant opportunities for bitcoin bears to be wrong. The most salient of them came this past Sunday, when the bitcoin price suddenly dropped to $47,073.37, down from a freshly set all-time high (just 11 days old), of $64,888.99.

Bitcoin Price Chart – Source: CMC. Bearish markets aren’t always bad things, especially for a new industry that still legitimizes itself as a stable and viable investment option. Crypto bulls are the opposite of crypto bears. That is, bulls are those who pull the market up and raise the rate.

The trajectory needs to be sustained in time. The price going up a lot in a day doesn’t constitute a bull market in itself nor does a sudden drop guarantee a bear market. The trend needs to be sustained over the course of some weeks. The distinction between bearish and bullish phases applies pretty much to every market, whether it be crypto, stocks, real estate, commodities, etc. A measure of market sentiment. Bull and bear also signal feelings of optimism or pessimism, either on the part ...

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