The recent market turbulence has triggered fear and uncertainty, but some investors see it as a buying opportunity rather than the start of a prolonged downturn.
What is a bear market?
A bear market occurs when asset prices decline by 20% or more over an extended period, generally accompanied by pervading pessimism and reduced trading activity. In crypto, these downturns can be sharp but are typically followed by recovery phases. External factors such as regulatory changes and inflation can also drive prices lower.
Why corrections are necessary for healthy price action
Market experts point out that corrections are common in bull markets, helping to reset overbought conditions before the next upward move. Historical data shows that even during strong uptrends, Bitcoin has experienced multiple double-digit percentage drops.
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While the market is experiencing turbulence, it could be both an opportunity and an important correction phase for healthy growth.
