This is Bitcoin's Shallowest Bear Market—But is the Bottom In?
Hex37's read
- Bitcoin is down 50% from its all-time high.
- This marks Bitcoin's shallowest bear market on record.
- Analysts caution that the market bottom may not be in yet.
What it means for traders
- Despite the shallow bear market, caution is advised as the bottom may not be confirmed.
- The 50% drop from ATH presents a potential entry point for long-term investors, but risk remains.
Affected markets
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