The longest bear market so far has been between December 2013 and January 2015. This bitcoin has been in the bear market for a long time, so much so that it is close to becoming the longest bear market so far.
If crypto experts and analysts believe, bitcoin will reach the lowest level this year, but consolidation will be seen in large part of 2019. In a way, this market is expected to be the longest bear market so far. This time, if Bitcoin fails to fetch bulls in February, then this bear market will be the longest.
Bitcoin is stronger than the market.
This adoption is stronger than before. This crypto awareness has spread throughout the world and is showing the bitcoin fundamentals in terms of hash rate, daily active address, transaction volume and average transaction fee. However, it does not make sense that the market is not evolving. Instead of the bear market, which was maintained during 2014, it was nowhere near the current one in terms of development, adoption and maturity.
Economies that are struggling in particular or currency crises are moving towards cryptocurrency. This bitcoin trading volume has seen an increase in recent Latin American countries, while bitcoin and crypto ATM are popping up around the world, and this number has now crossed 4000. Recently, this Coinstar Kiosk allowed people to buy bitcoin at thousands of grocery stores.
It's a second layer on the Lightning network and bitcoin which allows instant and scalable transactions, in fact it is growing at a fast pace because BTC has become its capacity of 570 BTC. It is not already clear from its first acquisition and a means of hiring the company is currently undergoing. This is a prime example of NASDAQ largest company's biggest partnership with the main mainstream. Between these ongoing US shutdowns.
This box may be delayed by launching bitcoin futures. According to this bitcoin advocate, Andreas Antonopoulos is something that economies are built on. But this bitcoin has existed for a decade now and after every bear market; a new peak is achieved by this leading cryptocurrency. It is believed that it will go to zero it seems that this is a fantastic technique but it is not believed that it is a pose. It is not based on anything.
This bitcoin has faced many flurry and assault from mainstream experts and central banks as recently as Jeff Schumer of BCG Digital Companies. Earlier this year, the trend of price rise is also a possibility. This is also happening in 2020, Bitcoin Holding, which will reduce the block rewards by half, from which it is expected to trigger the next bull run.