Why You Shouldn’t Care About Bitcoin’s Bull or Bear Marketby@MarkHelfman

Why You Shouldn’t Care About Bitcoin’s Bull or Bear Market

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With bitcoin’s price breaking above $30,000, the cryptosphere seems locked in a “bull or bear market” conflict. Bitcoin crashes 30 to 50% regularly during bull markets and pumps 100 to 300% during bear markets. It will take a long time—possibly years—before we will know whether we are in a bull market or not.

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@MarkHelfman

Mark Helfman

Editor, Crypto is Easy newsletter. #1 writer, Medium. Bitcoin author, analyst, commentator.


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