Dec 08, · Investors Split Over Where Bitcoin Goes Next As Markets Cool Sentiment is mixed among Bitcoin investors as indicators point to continued bull or emerging bear markets. Nasdaq records record day. By Matt Hussey. 3 min read. Dec 8, Dec 8, Bitcoin. Jun 24, · Bull and bear markets in the context of cryptocurrency Although these two terms were mainly applied in traditional markets, they’ve found their way into cryptocurrency markets as well. However, cryptocurrency markets are smaller and more volatile, making it more common to see a substantial and extended bear or bull crypto market. Nov 13, · This article contributes to the embryonic literature on the relations between Bitcoin and conventional investments by studying return and volatility spillovers between this largest cryptocurrency and four asset classes (equities, stocks, commodities, currencies and bonds) in Cited by:
Bitcoin bear and bull marketsInvestors Split Over Where Bitcoin Goes Next As Markets Cool - Decrypt
Be careful only to place your investment in substantial projects with promising and practical use cases. This is a great time to get in on projects which may have been too costly for you to invest in before. Cryptocurrencies are still very new as far as financial instruments are concerned, and they are incredibly volatile. While impressive, the king crypto is not yet in a full-blown bull run, but analysts are gaining confidence a bull run is near. Speaking to Bloomberg , Mike Novogratz — CEO of Galaxy Digital and a former Goldman Sachs partner — remarked that he remains long on gold and Bitcoin, citing monetary policies being implemented to combat the coronavirus that will result in printing money en-masse.
These waves can be large enough to have a significant impact on the whole market. The transfer was made between crypto wallets of Binance, the largest exchange on the crypto space. Many cryptocurrency traders pay close attention to whales and watch how, when, and where they trade. This way, they can go along for the ride and profit alongside the whale — or avoid going against the whale, as that would result in losses.
You need to look out for abnormal changes in prices and volatility during periods expected to be quiet and stable. As a general rule of thumb:. Fully understanding what a bull or bear market means for crypto prices could be the difference between making substantial profits and suffering significant losses. More importantly, growing familiar with the terms frequently used by the crypto community will allow you to keep up with more in-depth scrutiny of behavioral tendencies and price fluctuations.
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We also use third-party cookies that help us analyze and understand how you use this website. While the overall sentiment remains in the buy camp, there are a number of metrics that suggest Bitcoin is becoming overbought. And on the Mayer Multiple , a measure of whether Bitcoin is in a bubble, while things are far from over-inflated, the charts are continuing to move in that direction.
Only Santa knows. As we explained last week, the divergence between stock market performance and that of the economy has been widening over The economic slowdown of the US economy has continued to bite, especially around job creation and consumer spending. COVID cases have been averaging , per day in the US over the past week, and daily death rates surpassed 2,, approaching levels found in early April. This sponsored article was created by Decrypt Studio. Learn More about partnering with Decrypt Studio.
Read on the Decrypt App for the best experience. For the best experience, top crypto news at your fingertips and exclusive features download now. By Matt Hussey 3 min read.