What does bearish and bullish mean in cryptocurrency?

Bearish & Bullish Meaning in Cryptocurrency What do the terms “bearish” and “bullish” mean in the cryptocurrency world? Simply put, bearish refers to market pessimism and price declines. Bullish refers to market optimism and price inclines.

What is a bearish market?

Whenever there is a surplus, the price goes down to reach new market equilibrium. All this tendency to sell cryptocurrencies because of the fear that the price will go down, which as a result actually decreases the price of that cryptocurrency, is known as a bearish market.

Why is the crypto market so bullish?

Big names such as Tesla, MicroStrategy, El Salvador, and several payment platforms got into crypto, driving the momentum and buying pressure. U.S. regulators even allowed the first Bitcoin futures exchange-traded funds to trade which was also bullish.

Should you invest in crypto during the bear market?

During the bear market, you have a great chance to lose, because your crypto assets are losing their value and the end of bear trend is not so obvious. Moreover, if you invest during this period, you can take a loss before any turning point appears.