06-04-2022, 04:50 AM
Why this Bear Market is different
<!-- SC_OFF --><div class="md"><p>In the past, crypto bear markets were brutal, -90% dump was the norm and attention to crypto went nearly to zero. Nowadays in this bear market even though prices have been suffering crypto is still talked about and is developed, adopted and recognized, I think the reason for this is crypto really really went mainstream last bull run, Bitcoin is the 10th largest asset in the whole world, can you even process that fact and so crypto isn't in a situation were it could replicate 2018 for example.</p> <p>That's why many still think we are in a bull market, because they think so it qualifies as a bear market it needs to drop 70-90% and no one talks about crypto anymore like the old days. Times have changed and crypto has gone a long way from the old days.</p> <p>Thank you for reading my post</p> <p>Have a nice day!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hashzzz"> /u/hashzzz </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/v3xyb5/why_this_bear_market_is_different/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/v3xyb5/why_this_bear_market_is_different/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>In the past, crypto bear markets were brutal, -90% dump was the norm and attention to crypto went nearly to zero. Nowadays in this bear market even though prices have been suffering crypto is still talked about and is developed, adopted and recognized, I think the reason for this is crypto really really went mainstream last bull run, Bitcoin is the 10th largest asset in the whole world, can you even process that fact and so crypto isn't in a situation were it could replicate 2018 for example.</p> <p>That's why many still think we are in a bull market, because they think so it qualifies as a bear market it needs to drop 70-90% and no one talks about crypto anymore like the old days. Times have changed and crypto has gone a long way from the old days.</p> <p>Thank you for reading my post</p> <p>Have a nice day!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hashzzz"> /u/hashzzz </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/v3xyb5/why_this_bear_market_is_different/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/v3xyb5/why_this_bear_market_is_different/">[comments]</a></span>