2022 bear market has been the worst on record — Glassnode

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Congratulations, hodlers - you are in the worst bear market in the history of Bitcoin. Glassnode has shown several key indicators proving that 2022 will go down as the worst to date for Bitcoin traders, most of whom are now underwater.

Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin traders are underwater and continue to sell at a loss, according to Glassnode.outlines

“For the first time in history, the 2021-22 cycle has recorded a lower MM value than the previous cycle’s low .” “Spot prices are currently trading at an 11.3% discount to the realized price, signifying that the average market participant is now underwater on their position.”

 

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GAMPIC GampicOfficial

Now is not the best time to sell bitcoin

We will survive this bull market. I don't waste time and accumulate coins on bitfinex.

I hope the market will turn bullish by 2023. That's why I'm accumulating coins on BFX now.

Do kwontol

blatantly misleading headline and the same Glassnode that was telling everyone how great things were at the top

He'll yea! Thanks!

constantin88

Could also mean that this worst bitcoin market will bounce like never before.

So?!… what you gone do about it?

Inlay 6 month to go 😳😎

This is the end of Blockchain technology

Could be Luna or ICP. That’s why it’s important to DCA. FEARporm

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