Tag: bitcoin bear market

After an extensive bear market, the crypto community expected prices to settle as Bitcoin reached $20,000. However, many reasons came into play and caused Bitcoin prices to breach this strong psychological price lower, reaching a current price of around $18,500. Why Bitcoin fell below 20000 dollars? In this article, we give you a brief refresher on what happened since the beginning of the...

On-chain data shows recent trend in the Bitcoin transaction fees indicator may suggest that the crypto is now entering the late bear market stages. Bitcoin "Fees To Block Reward" Metric Has Gone Up Recently As pointed out by an analyst in a CryptoQuant post, the BTC fees metric may show that the bear market could be advancing to late stage now....

On-chain data shows Bitcoin hasn't yet hit a bear market bottom as the supply in profit is still more than that in loss. Bitcoin Supply In Profit/Loss Says A Majority Of Network Is Still In Profit As explained by an analyst in a CryptoQuant post, past trend may suggest that the current BTC market still hasn't reached a bear bottom. The relevant...

A quant has explained using on-chain data why the current Bitcoin bear market looks to be different from the previous ones. Quant Suggests This Bitcoin Bear Market Is Unlike The Rest As explained by an analyst in a CryptoQuant post, the exchange reserve continuing to trend down since the price all-time high isn't typical of previous bear markets. The...

2020 and 2021 will be carved in stone when it comes to crypto adoption. More than 70 million new wallets were created alone in 2021, which is way higher than in the past. Allegiance to DeFi, NFTs, and Metaverse, people went crazy for crypto in 2021. Some of the crypto assets gained as much as 60% to 407% due to awareness campaigns,...

The crypto market has been declining steadily for the past few days. Yet, certain cryptocurrencies displayed great performance. At the time of writing this, the Bitcoin price is sitting at $35,889.87. Let's take a look at it in more detail. Bitcoin has touched a new low again in the last few hours displaying...

The Bitcoin price had to accept another downward slide and fell below the $ 40,000 mark. Bitcoin price had previously surged above $43,000 and then suddenly plummeted sharply down to a current price of $ 35,000. What were the reasons for the rapid descent in...

The most feared day in the crypto market has arrived. Every single cryptocurrency lost heavily in valuation. Investors are rushing to see why this happened, while tokens are losing more and more value. What happened with cryptos? Why is Bitcoin down? Why did crypto investors wake up to such a losing crypto day? Well, there is an important factor that traders did not...

The Bitcoin price reached our $11,200 target, then started a correction that could end in a bear market! Where will Bitcoin's price crash end? Follow us on Twitter!...