Bear Market

A bear market is characterized by declines in asset prices, investor pessimism, and negative news related to the market. A bear market is more severe than a correction. Officially, a bear market occurs when asset prices fall by at least 20% from their previous highs. In practice, the term is used to describe a market which has experienced losses. Bear markets generally refer to markets as whole, but Bitcoin markets may experience a bear market at different times than equity markets.