•2 years
What affects the bear market in BTC?
When it comes to BTC price drops, the main factors include:
- Correction on the exchange means a situation where prices drop (usually by about 10-20%). Importantly, previous increases should be long-lasting. Currently, we can observe Bitcoin in this phase
- Summer period in this time frame, you can notice drops accompanying the cryptocurrency market, also remember that ATH must give way
- On-chain data peaks examine the state of the blockchain, including transaction activity patterns, token ownership concentrations, investor sentiment, or flows on exchanges.
When it comes to BTC price drops, the main factors include:
- Correction on the exchange means a situation where prices drop (usually by about 10-20%). Importantly, previous increases should be long-lasting. Currently, we can observe Bitcoin in this phase
- Summer period in this time frame, you can notice drops accompanying the cryptocurrency market, also remember that ATH must give way
- On-chain data peaks examine the state of the blockchain, including transaction activity patterns, token ownership concentrations, investor sentiment, or flows on exchanges.
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