Bitcoin is in a bear market — why it’s still too soon to buy

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Bitcoin's roughly $40,000 loss from its early October peak equals about a 30% haircut — but the cryptocurrency still fetches far more than...

Written by: MarketWatch

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https://www.marketwatch.com/story/bitcoin-is-in-a-bear-market-and-its-still-overvalued-by-almost-40-e979e1ba?gaa_at=eafs&gaa_n=AWEtsqfBZi7lsAQ31-4N62or0th5CJ2xNJJdyEj2tKGUOY-2usmb5MQZI6Pj&gaa_ts=69261906&gaa_sig=ssTzGRW4cje83MQS-vOR67xD0wY9xWQ2GZcPpzCU7vZsJk6DcKROyzPI1zMJ-u2Sxogc7HfLk1NFlTDXZBX0Cw%3D%3D

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