What is bear market in crypto?

A bear market is a state of the market with a downward trend within a specific time period. Similar to bull markets, a bear market can also be used for specific assets like Bitcoin, Ethereum, and more. As compared to bull markets, trading in bear markets can be complex and difficult for novice traders.

What does bearish mean in cryptocurrency?

Being ‘bearish’ refers to the overall sentiment of investors who expect the price of an asset or cryptocurrency market to fall. A mix of fundamental and technical analysis is used for predicting upcoming trends in the cryptocurrency markets. Technical indicators like Moving Averages (MA) and the Parabolic SAR aid in recognizing market trends.

What is a bull market in crypto?

A bull market also referred to as bull run, is a state of market with upward trends within a specific time period. While the term originally is from the stock market, it is also used for other financial markets including forex, commodities, and now cryptocurrencies. The bull run in crypto is also referred to for specific assets such as Bitcoin.

What is bear trap?

A bear trap is a market pattern that occurs when the asset price breaks suddenly below the support level, only to reverse immediately. This pattern incorrectly shows prices reverse to a downward trend, only for the market price to take a flat or even continue with its uptrend.