10x Research: Bitcoin has entered a bear market, but opportunities for returns still exist within the cycle.

Odaily Planet Daily reports that 10x Research published an article on the X platform stating that Bitcoin has undoubtedly entered a bear market. The firm stated that it has been writing analysis reports on this bear market since October 22nd.

On-chain metrics, capital flows, and market structure all point to the early stages of a broader downtrend. 10x Research notes that while some investors struggle to profit in bull markets, others are able to capitalize on bear markets by adjusting their strategies. Every bear market eventually gives way to a new bull market cycle, during which cyclical opportunities emerge that are worth exploiting.