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    Author Topic: The First Bullish & Bearish Market I Met.  (Read 400 times)
    pooya87
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    September 25, 2022, 05:14:34 AM
     #21

    but a true bull market is when the price moves and stays above 20% of a previous low for 6 months
    a bear is when the price drops below a ATH by 20% and stays below that amount for over 6 months
    This definition ("stays" at x%) is more like the definition of the sideways market not bull and bear.
    Bull and bear markets are trends not what happened in the past. If price drops for example 20% in 1 week and then stays there for 6 months, that is a sideways market not a bear market.

    BELOW not AT
    ABOVE not AT

    i never said AT only you did

    also the 20% is a number the share/stock/forex marketeers of wall street thought up decades ago.. a long time before millenium

    its a known thing in wall street
    I get that but the point is about the "staying" not about where.

    All I'm saying is that in the statement "price drops below a ATH by 20% and stays below that amount", the part where it was dropping is the bear market and the part where it "stays" below it is no longer the bear market. It's a third type of market trend.

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