Nov 24, · Bitcoin moves in these very pronounced waves – essentially a two-year bull market followed by a two-year bear market. And that has to do with the reward halving every four years. I believe will stay true to this cycle. Bull Market và Bear Market là gì? Bitcoin Vietnam News 10/11/ Lâu nay chúng ta vẫn thường nghe tới thuật ngữ “Thị trường gấu” (Bear Market) và “Thị trường bò tót” (Bull Market) ở các bài phân tích về chứng khoán và tiền điện tử. Hầu như các sợ giao dịch chứng khoán trên. Dec 23, · It used to be understood, but it’s not been distorted, that a bear market was a trend tendency not a market level. Bitcoin is in a bear market because its trend is down, not because it has.
Bitcoin bear or bull marketBitcoin Indicator Suggests Bull Market Is Still in Early Phase - CoinDesk
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Subscribe Replies to my comments All comments. Sorry, you must be logged in to post a comment. Sign Up. Email Error: please, enter correct email. Password Error: please, enter password. Forgot Your Password? Virtual Currency. Matthew Carr November 23, And recently , I reiterated once again that I believe Bitcoin will hit new all-time highs. Keep in mind that there is a limited number of Bitcoin. There are a mere 21 million Bitcoin. Although they can be broken into fractional pieces, there will never be more than that.
Bitcoin miners add blocks of transaction data to the Bitcoin blockchain. Once a miner completes a new block — and provides proof of their work — they receive Bitcoin as a reward. Now, just like any other mined asset, these two ingredients along with booming demand trigger a bull run.
And this year , the cryptocurrency has blasted off since the reward halving. But that could change by the time this article is published because its price moves so fast.
If history is our guide, its run is far from over. And could be another explosive stretch for the cryptocurrency. But historically, this event has triggered a multiyear bull market, with the second year full of moneymaking opportunities.
That means there is potentially a lot of upside ahead for the cryptocurrency that investors love to hate. Not in the near future at least.