Why Crypto Market Turned Bearish: Explained by Quick Node Crypto Research

• QuickNode report deciphers reasons for crypto market’s bearish turn.
• The report explores 10 factors that led to a bearish Bitcoin turn.
• Despite market reversal seasoned traders remain patient and await a golden bull run.

In a recent report released by QuickNode, and its renowned crypto market research tool QuickAlerts, the reasons behind the current bearish sentiment in the crypto market have been elucidated, shedding light on the intricacies of the recent downturn.

According to the report, which identifies 10 key factors contributing to the market’s bearish shift, the initial trigger was a predictable correction highlighted by target="_blank" rel="noreferrer noopener">seasoned crypto traders and investors remain confident in the long-term prospects of Bitcoin, with many leveraging the current dip as a buying opportunity or maintaining their positions with unwavering conviction.