Bitcoin has been in a bear market for almost two years, and many people are wondering why the bull run hasn’t started yet. In this video, we’ll be discussing cryptocurrency market theory and looking at what could be causing the prolonged bear market.
The most common theory is that the prolonged bear market is due to the fact that large investors are waiting for the perfect opportunity to enter the market. These investors are known as “whales,” and they are usually the ones who cause markets to swing wildly in either direction. The whales are not entering the market until they believe that the market is at its bottom, and they are waiting for the perfect time to buy in.
Another theory is that the prolonged bear market is due to the lack of new money entering the market. New money is needed to drive the market up, and since the market has been in a bear market for so long, there is less new money coming in.
Finally, some people believe that the prolonged bear market is due to the fact that Bitcoin is still relatively new, and people are still trying to understand how it works and what it is worth. As people become more knowledgeable about Bitcoin, they will be more likely to invest in it, and this could drive the market up.
In conclusion, there are many factors that could be causing the prolonged bear market, and no one knows for sure why it hasn’t started yet. However, one thing is certain – when the bull run does start, it will be a very exciting time for the cryptocurrency market.
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