🧠 Crypto Glossary: Learn a new term related to trading and cryptocurrencies every day.
29. 🐻 Bear Market
It is a period of time where cryptocurrency prices are in a prolonged decline. In these markets, pessimism prevails and there is a tendency to sell.
Example: During a bear market, the price of Bitcoin falls from $60,000 to $30,000 over several months, and many traders start selling to avoid greater losses.
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