With Bitcoin dropping sharply below $6800 this weekend, did we finally hit the bottom of the Bear market?
Bitcoin has continued downhill in a nerve wrecking roller coaster ever since it tipped nearly $20,000 back in dec. 2017.
With Altcoins using Bitcoin as a tether, many of them have suffered even greater losses.
The Bear market was necessary as it shock out alot of the bad actors in the space, and help give the general public a crash course in crypto.
Bear markets can last months to even years. But, with governments, exchanges and institutional investors forming proper on ramps to Bitcoin, this time period should be shortened significantly.
However, there's no set pattern or time frame for this crypto bear market; so, we can only speculate when it will be all over and the bulls return.
Thanks for reading.
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