Cointelegraph
Published Jun 27, 2022 04:40PM ET
Updated Jun 27, 2022 06:20PM ET
Bear markets have historically been challenging to navigate for traders and the conventional set of "reliable" indicators that determine good entry points are unable to predict how long a crypto winter might last.
Bitcoin’s (BTC) recent recovery back above the psychologically important price level of $20,000 was a sign to many traders that the bottom was in, but a deeper dive into the data suggests that the short-term relief rally might not be enough proof of a macro-level trend change.
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Written By: Cointelegraph
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