According to historical records, a bear market comes after each Bitcoin bull run. Therefore, this cycle may not be different.
Bloomberg analyst Mike McGlone makes frightening comments about Bitcoin BTC in a recent article.
Amid the bear market, a notable shift in the behavior of Bitcoin holders attracts the attention of analyst Crypto Cover
Bitcoin and the crypto market continue to grapple with long-term downtrends. On the other hand, it leaves investors alert to potential factors that could trigger a rally. In particular, analysts believe that the bear market is coming to an end in its second year.
Renowned crypto analyst Nicholas Merten warns that a major sell-off event for the altcoin selection may be on the horizon.
It is expected that the Bitcoin price will suffer a serious shake-up in the coming days. But Bitcoin market participants are worried.
A bear market in the cryptocurrency world is when we see a long-term bearish trend. Assets are withdrawn at a minimum rate during this period.
Wells Fargo’s market report states that, according to its own dynamics, the bear market is over.
Bitcoin is rapidly climbing above the $20,000 level, prompting analysts to speculate on where the BTC price might go.
The crypto analyst and presenter predicted the start of the next Bitcoin bull run. It also revealed its Ethereum forecast for March 2023.
