Bear Market Rallies Can Lead To Lower Bitcoin Price – Bitcoin Magazine

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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Bitcoin Bear Market Rallies

Bear market rallies, whether it’s equities or bitcoin, are a similar cyclical move that’s played out in markets time and time again. They can be convincing and volatile as investors become too far positioned in one direction.

We want to highlight the bear market rally case for bitcoin. As bitcoin has been closely following broader risk-on assets this cycle, it’s likely that continues as the market heads lower over the coming months.

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