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Joe Consorti: Bitcoin could enter its longest bear market if a new low is made in the next 2 days

Joe Consorti: Bitcoin could enter its longest bear market if a new low is made in the next 2 days
Bitcoin could see its longest bear market

Joe Consorti said that if Bitcoin reaches a new low at any point in the next two days, it will officially become the longest bear market in the cryptocurrency's history.

Consorti recently noted that Bitcoin’s 5-year performance, at 14%, has lagged behind both gold and the S&P 500, citing previous cycles of significant rebounds in the asset’s history. He also reported on the largest single-day loss in S&P 500 history, with roughly $3 trillion erased. These observations have highlighted his ongoing coverage of major trends across traditional and digital markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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