From Bear to Bull, a Look into the Cycle of Bitcoin Pricesby@solomonstavis
3,568 reads
3,568 reads

From Bear to Bull, a Look into the Cycle of Bitcoin Prices

by Solomon Stavis4mSeptember 1st, 2018
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

While bull and bear markets are nothing new in the financial world, the crypto selloff in February 2018 led many investors to believe the <a href="https://hackernoon.com/tagged/cryptocurrency" target="_blank">cryptocurrency</a> days were nearing their end. Many investors once bullish on crypto were suddenly worried that this event was different than the rest. Although crashes can be painful for investors, it’s important to step back and compare this latest correction to previous ones to get a better sense of what it actually meant. The reason is whether you hold the perspective that <a href="https://hackernoon.com/tagged/bitcoin" target="_blank">Bitcoin</a> is nothing but a bubble or maintain that cryptocurrency, and by extension, Bitcoin is here to stay, it’s worth exploring the extremely fast drops in value and equally fast recovery the currency has experienced.

People Mentioned

Mention Thumbnail
Mention Thumbnail

Companies Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - From Bear to Bull, a Look into the Cycle of Bitcoin Prices
Solomon Stavis HackerNoon profile picture
Solomon Stavis

Solomon Stavis

@solomonstavis

L O A D I N G
. . . comments & more!

About Author

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite