Many people do not realize the obvious differences between bull and bear markets. Here is a simplified description:
Bear Market:
Prices often rise sharply at first but gradually decline over time.
Usually preceded by widespread global bad news, although prices may temporarily rise despite the negativity.
Characterized by volatile price fluctuations, especially in cryptocurrencies.
Altcoins are particularly vulnerable, many losing over 95% of their value in one to two years, leaving only a few strong projects to survive. Currently, most altcoins have already lost about 90% of their value, with the potential for further declines. Surviving projects often thrive in the next bull cycle.
Candlestick charts show more red
Bull Market:
Prices may initially fall sharply but generally recover gradually.
Often preceded by ongoing negative updates, but with rare positive news.$BTC
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