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The search term ‘Bitcoin Crash’ is trending — Here’s why

Published 07/13/2022, 09:11 AM
Updated 07/13/2022, 11:00 AM
The search term ‘Bitcoin Crash’ is trending — Here’s why
BTC/USD
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Last year, the word “crypto” was trending all over the internet as the crypto market was generally flourishing.

However, now it appears that the good fortunes of digital coins havee waned as cryptos have slipped into a serious bear market. Bloomberg recently reported that while the short-term investors wasted no time in dumping their holdings, even the old-timers are now exiting the scene.

Graph showing how Bitcoin surged each time it hit the 200-WMA. Source: TradingView

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