Bitcoin Just Entered ‘Structural’ Bear Market: What Does It Mean and What’s Next?

Bitcoin’s price dumped once again on Sunday afternoon to a new six-month low of $93,000. On the surface, the reasoning behind the latest crash is quite slim, as there aren’t any significant catalysts that can be blamed.

However, the analysts from the Kobeissi Letter believe there’s a more profound and fundamental shift in the cryptocurrency market, and explained why a new type of ‘structural’ bear cycle has begun.