Bear market

Bear market refers to a period of time where supply is greater than demand, confidence is low, and prices are falling. So, a bear market describes a market that is experiencing significant downward pressure over a sustained period of time. One of the most famous bear periods in cryptocurrency is the 410-day Bitcoin decline seen between 2013 and 2015.

If you are after long-term gain, a bear market can provide opportunities. Buying during a bear market can pay off when the cycle eventually reverses itself.