Bullish to bearish?
Bitcoin fell back from $108,000 to $90,000, a drop of 17%. People who are easily anxious will ask "Is it a bear market?"
First of all, the decline is less than 20%, and it has not officially entered the technical bear market. Looking at the past, Bitcoin has not fallen back by more than 30%, so it is not possible to assert that the bear market has arrived.
However, the time to test investors' patience and strength has come, and a new wealth feast is also in the making.
