Market Cap:
24h Vol:
Cryptocurrencies: 24126
Markets: 101179
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Market Cap:
24h Vol:
Cryptocurrencies: 24126
Bitcoin Bitcoin Share: 59.93%
Markets: 101179
Seeking Alpha
2022-02-28 17:39:00

One Key Data Point May Unlock What Triggers Bitcoin Bull And Bear Markets

One Key Data Point May Unlock What Triggers Bitcoin Bull And Bear Markets

Bitcoin has experienced three larger declines than the two 50%+ bear markets that have occurred over the previous year.A single data series saw a spike in the months prior to each of Bitcoin’s previous declines.In the months before each of the past Bitcoin bear markets, the miners’ fees rose sharply, sometimes increasing ten-fold or more.

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Market Cap
24h Vol
59.93%
Bitcoin Share
23
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