Canellis notes that the traditional definition sees a dreaded bear market declared after an asset trades 20% below its previous high for at least two months. In order for the contraction to end, said asset must trade 20% above recent lows for a month or more.
In a Twitter thread, Canellis noted that the latest bear market formally commenced in February 2021, and has been running for 336 days. Previous routs in 2014 and 2018 lasted for 374 and 390 days respectively, he said — adding: And this is a very compelling point. BTC has never operated in an environment where interest rates have been this high.Bitcoin has generally operated on four-year cycles governed by "the halving" — and this is when the reward that miners receive for adding blocks to the blockchain is slashed in half. The last halving event, in May 2020, created palpable excitement and helped set the stage for BTC to accelerate.
most cool winter i had. nothing like 2018
The presence of the Shibarium brings the Bullish
ORT ortnevath 🔥🔥🔥🔥🔥🔥🔥 mexc bybit
And another ?
👀
There is an FTX event after all.
I’m feeling that bullish I just measured the circumference of my testicular region
$9,600
No more bear start investing now
This Crypto winter is for BUIDLing! Projects that focus on real blockchain adoption and use cases have built relentlessly.
While waiting for btc, everyone please refer to the new BSC token network that has grown very well: contract 0x078EfA21a70337834788c3E6f0A99275f71393f0
😅
“Bull market returns are shrinking with every run.” Yep. Have been calling a “flattening curve” for over a year. But Maxis just want that ascending channel to 100s of Ks. Not happening.
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All you need to do is buy Shiba Inu … all it can do is go up!!
how can anyone be bearish on crypto long-term when there are massive entities like bitdao investing billions of dollars into multiple ecosystem accelerators to help grow and develop the space.
Add finiliars on the possible ticker detail expansion on your website it will look so cool.🥵
Perfect
Doesn't matter how long it lasts. HODL. Bitcoin
As usual, HEX is up 30% 24hr and gate kept from market cap position and trending sections. Shame on CoinMarketCap. BTC ETH SOL BNB AVAX ADA USDC USDT RICHARDHEARTWASRIGHT
and bank boy still allowed to play LOL... 🤬
$DTG DefiTigerToken
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