I feel like these definitions needs adjusting for crypto.
By this definition every correction is a brear market.
No?
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I feel like these definitions needs adjusting for crypto.
By this definition every correction is a brear market.
No?
If it goes down by over 20%, yes.
I generally consider anything less than 50% a normal correction in bitcoin.
Every bubble had >50% crashes
Well said. They have declared Bitcoin dead how many times?
Just because it's in a bear market doesn't mean dead... though in a "normal" asset class it is pretty unusual to see something fall by 90% and then go on to make new highs roughy 5 different times in the last decade.