Paul DAngelo JrDec 18, 2021 · 3 years ago5 answers What is the typical length of a bear market in the cryptocurrency industry?
In the cryptocurrency industry, bear markets are periods of declining prices and pessimism among investors. They are characterized by a sustained downward trend in the market, with prices falling and trading volumes decreasing. During a bear market, the overall sentiment is negative, and investors tend to sell their holdings or avoid making new investments. What is the average duration of a bear market in the cryptocurrency industry?