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Home/ Questions/Q 28044
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Diego Jackson
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Diego JacksonSocial Butterfly
Asked: August 6, 20212021-08-06T13:07:45+01:00 2021-08-06T13:07:45+01:00In: Communication

How do you tell if Bitcoin is in bear or bull market?

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A bull market occurs when securities are on the rise, while a bear market occurs when securities fall for a sustained period of time.

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    1. Ivory Silva New You
      2021-08-09T18:20:51+01:00Added an answer on August 9, 2021 at 6:20 pm

      Bull market refers to the market scenario where the market is on a high and the equity and equity-related instruments as well as other instruments like debt, money market, commodities etc. see a huge increase in their prices and performance
      A bear market is the opposite of a bull market where the market experiences a period of prolonged decrease in prices of the equity and equity-related instruments. This market slump is when the prices fall by 20% or more based on market or investor sentiment and other external factors like policy change, global recession, disasters or even the more recent example like a pandemic.

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    2. Val Mahon New You
      2021-08-09T18:21:23+01:00Added an answer on August 9, 2021 at 6:21 pm

      If you want to know if it’s a bear or a bull market, you need to know the direction of the market on larger time frame charts, like daily charts, the weekly charts and the monthly charts. In other words the market swings. It could be bullish on a larger time charts, and decide to trade it bearish on a smaller chart.

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