common-close-0
BYDFi
Trade wherever you are!

What is the duration of the ongoing bear market in the world of digital currencies?

avatarHij TaalDec 27, 2021 · 3 years ago3 answers

Can you provide an estimate of how long the current bear market in the world of digital currencies has been going on?

What is the duration of the ongoing bear market in the world of digital currencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The ongoing bear market in the world of digital currencies has been going on for approximately two years. Since the peak of the market in late 2017, we have seen a significant decline in prices and market sentiment. Many factors contribute to the duration of a bear market, including market cycles, investor sentiment, and regulatory developments. It's important to note that the duration of a bear market can vary, and it's difficult to predict when it will end.
  • avatarDec 27, 2021 · 3 years ago
    The current bear market in the world of digital currencies has been ongoing for quite some time now. It started around late 2017 when the market experienced a significant correction after a period of rapid growth. Since then, prices have been on a downward trend, with occasional short-lived rallies. The duration of a bear market can vary, and it's influenced by various factors such as market sentiment, regulatory changes, and overall economic conditions.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, a leading digital currency exchange, the ongoing bear market in the world of digital currencies has been going on for approximately two years. The market has experienced a significant decline in prices since the peak in late 2017. The duration of a bear market can be influenced by various factors, including market cycles, investor sentiment, and regulatory developments. It's important for investors to stay informed and make well-informed decisions during bear markets.