Topic: Bear market likely over? - page 10. (Read 3077 times)
You see. This is how the crypto market works. A small spike in the price and it made you think that the bear market was over. But who knew that the FTX exchange would end up collapsing? This unpredicted event once again caused the whole market to crash. The price went to new lows. This why everyone should be aware that the crypto market is completely unpredictable and people should not rely on those "bullish" or "bearish" signals to make their investment. Yes, they do help a little, but don't go all in based on those signs.
Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
Bitcoin's bear market is not over yet, nor can you or I say for sure when it will be. But a wise and regular investor can have some idea. From my little knowledge, I am giving the impression that usually at the end of the year especially October, November, December on the occasion of Christmas day, Bitcoin and cryptocurrency market is a bit bullish. The market was bullish at the end of 2020, and the market was bullish at the end of 2021. By the end of 2022, the market will be somewhat upward, that is, the market may be close to 20 thousand. I guess that's 100% true isn't it? What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
I don't think it's right to say we're in a bear market right now. If we were in a bear market, the value of bitcoin would be below $10,000. After the period of decline we have experienced, we are currently in a pause period for a while. As far as I'm concerned, this period will continue in this way for a little longer. From time to time, there will be small-scale rises in the market. But I think that there are at least 1.5 years for the bull market to start exactly.
Bull market in 2024? However, the halving of Bitcoin is closely related to the world economic environment. When the world enters the global economic crisis, I feel that the bull market will be delayed. I don't know about other countries, but the war and the epidemic are not over. I am not optimistic about the future. This winter will be very cold.
I agree that the market situation is closely related to the general economic situation of the world, but from here until the halving is very long, we have more than 500 days to get there. And as we are seeing, although the war shows no sign of abating, inflation is starting to fall and the Fed has also announced it will slow down the rate hike, showing that we are gradually getting more stable. There's really no guarantee that the market will uptrend after the halving but let's hope for that, let's hope history repeats itself.
It's quite obvious that OP himself is just being speculative about the market just like every other person's and that why he said "likely over. For a newbie that fail to get an understanding of the statement or language may take it to heart to rush in to buy with the idea that the market bearish period is just to elapse in no time only. 
lol.
One uniqueness about the market is that we can't really be sure about the it next actions and inaction. As a trader you only take an action towards the market based on your speculations, and critical analysis hoping for it to work out in your favor.
This particular bear period is unlike what we have experienced in the past, it's one much longer than any I have ever seen in the market and it's only those that are patient enough to hold for long that can survive it. Of course the market price will always consolidate to giving hope to traders but that can't be justified as bear market being likely over.
lol.One uniqueness about the market is that we can't really be sure about the it next actions and inaction. As a trader you only take an action towards the market based on your speculations, and critical analysis hoping for it to work out in your favor.
This particular bear period is unlike what we have experienced in the past, it's one much longer than any I have ever seen in the market and it's only those that are patient enough to hold for long that can survive it. Of course the market price will always consolidate to giving hope to traders but that can't be justified as bear market being likely over.
I don't think it's right to say we're in a bear market right now. If we were in a bear market, the value of bitcoin would be below $10,000. After the period of decline we have experienced, we are currently in a pause period for a while. As far as I'm concerned, this period will continue in this way for a little longer. From time to time, there will be small-scale rises in the market. But I think that there are at least 1.5 years for the bull market to start exactly.
Bull market in 2024? However, the halving of Bitcoin is closely related to the world economic environment. When the world enters the global economic crisis, I feel that the bull market will be delayed. I don't know about other countries, but the war and the epidemic are not over. I am not optimistic about the future. This winter will be very cold.
Bitcoin is facing the bear market recently and I know that it only the people that are patient with their Bitcoin Holdings will benefit after this period when Bitcoin hits the bull market again. Panic should not be the only option as those that don't understand Bitcoin volatile nature will end up selling their investments unknowingly to them that there will be a bull market coming up.
This is the best time to buy Bitcoin during the bear market for you to gain profit when you invest in a long term run. Nobody can tell the lowest price it will dip to before it will go up again 15k is the lowest we have seen this year but we should be strong even if Bitcoin gets below $10k because it is still serving the purpose Satoshi created it for.
This is the best time to buy Bitcoin during the bear market for you to gain profit when you invest in a long term run. Nobody can tell the lowest price it will dip to before it will go up again 15k is the lowest we have seen this year but we should be strong even if Bitcoin gets below $10k because it is still serving the purpose Satoshi created it for.
Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
the price of bitcoin experienced a drastic price drop and caused a new low price currently around $15k that's not good news seeing the price getting worse because the panic that occurred from binance's acquisition of FTX spread on social media twitter, it created panic and speculation, I'm not sure the price will recover quickly if this problem is not resolved properly What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
We are currently in a bear market. If you survive a bear market, you can generally make money. With this market structure, be patient and hold on, and the next bull run may bring you results.
In the crypto market, we cannot judge the trend in the next few months, but I believe that one day when the economy improves, the market will recover and there will be dawn.
Worst case scenario is we melt down to $12k we already touched $16k today, just few thousand dollars away from $12k.
Why 12k? Is this some kind of magical zone where the price has to go and stop?
Don't fall victim to those stupid youtube analysts who are imposing their own targets on you. These are targets where they want to buy and the more people repeat their mantra the bigger the chance they'll get to buy on the level they want. For some it's 10k, for others 12, for others 15 but really there's no such level. Everything below 20k is uncharted territory because bitcoin never went below the old ATH and bitcoin was never used for leverage the way it is now.
The Binance CEO CZ and FTX saga has just melted the entire crypto market down, I do believe this is part of the game plan to crash the market. they're just using this as an excuse to cause panic selling in the market and crash the entire crypto market down in order for them to buy from the weak hands. Yesterday the market failed to close below $17500 the previous low, and today I'm curiously looking at how the market is gonna close too, regardless of the market manipulation I'm seeing going on right now.
Worst case scenario is we melt down to $12k we already touched $16k today, just few thousand dollars away from $12k.
Worst case scenario is we melt down to $12k we already touched $16k today, just few thousand dollars away from $12k.
Why 12k? Is this some kind of magical zone where the price has to go and stop?
Don't fall victim to those stupid youtube analysts who are imposing their own targets on you. These are targets where they want to buy and the more people repeat their mantra the bigger the chance they'll get to buy on the level they want. For some it's 10k, for others 12, for others 15 but really there's no such level. Everything below 20k is uncharted territory because bitcoin never went below the old ATH and bitcoin was never used for leverage the way it is now.
In my opinion everything below 20k = deep shit and it doesn't matter if it's 18 or 15k. Below 20 means trouble for miners and the whole economy. Also, everything below 20 is a buy zone.
It doesnt seem that the Bear market is coming to an end. Alot of experienced traders have already warned that this could be the most long bear market in the history of cryptos. Capo, one of the most profitable traders in the industry and he already warned that the price my go downs as much as 10k. Let's hope he and the others are wrong...
The Binance CEO CZ and FTX saga has just melted the entire crypto market down, I do believe this is part of the game plan to crash the market. they're just using this as an excuse to cause panic selling in the market and crash the entire crypto market down in order for them to buy from the weak hands. Yesterday the market failed to close below $17500 the previous low, and today I'm curiously looking at how the market is gonna close too, regardless of the market manipulation I'm seeing going on right now.
Worst case scenario is we melt down to $12k we already touched $16k today, just few thousand dollars away from $12k.
Worst case scenario is we melt down to $12k we already touched $16k today, just few thousand dollars away from $12k.
The market bleeding might discourage people from just experiencing bear for the first time, so if you're buying in this period, you must remove emotions from it. Additionally, if you're considering investing in bitcoin, you have to lock up your mind because it's a long-term investment you buy now, and you HOLD to sell for a huge profit, but not everybody has that patience, most people want an investment that will yield quick money that's why many folks fall victim of a scam.
Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
It is not really that likely to say that the bearish trend will end sooner, what happened to the market in the past weeks was just a slight correction but then again, I don't take it as a sign that bullish season is already approaching near. I mean, look at the market now, it took a steep decline like what happened last June. So, not really a good sign.
History will always repeat itself, but every time the plot is different, the bear market is coming to an end.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.
Could this red be due to FTX issues. But since the FTX problem appeared, BTC has indeed experienced a sharp decline. Many investors panicked. The problem here is that many large investors also sell the coins they hold. Even CZ seems to have sold FTX discounts. But after that CZ making equalizations
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire http://FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
Is this CZ's business strategy? It seems that CZ took advantage of this situation. But I don't like Bearish coming back.
History will always repeat itself, but every time the plot is different, the bear market is coming to an end.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.
This end of 2022 will go down in history as one of the best periods to buy bitcoin.
All bear markets had this moment where the price was consolidating for months and then there was last attempt to flush newbies who were on the edge of selling. This is done to test if the market is still shaky or standing strong. This happened in November of 2018 and again this November.
I don't think the bear market is over yet. The downward trend will continue for a while. The value of Bitcoin is currently at $17k. Of course we know it has come a long way here. But not enough level for the bottom. I think it will fall below the $15k value. For this reason, I don't think the bear market will end next year either.
Wrong. The value of bitcoin is not 17k. It's the spot market price. Price is not value. Price is based on the last known trades that are usually performed on less than 0.1% of the supply of bitcoin on a given day. You rarely see even 1% of the supply change hands.
Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
well as this one is an old post, and now we are here. BTC has fallen again. As I thought that sudden bounce in market price was a fake bullish indication. It was not so good to push BTC past the certain threshold. Which is I'm still thinking is the 25K price point. What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
Not sure what will be the lowest price point before BTC starts the next bull run but as the price shows now maybe we are at that point to fill our bags to hold.
Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
is this the sign of Bear market likely over ? can this be the real score?
https://coinmarketcap.com/
But the whole market is Bloody one again ? I think there is nothing we can expect for now and this November , it looks like the whales are moving again and yes they are doing what they think will bag them money.
History will always repeat itself, but every time the plot is different, the bear market is coming to an end.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.
I'm not sure I feel that bitcoin hitting the 20k range is really a "bounce-back" nor do I have any level of certainty that we are out of the weeds at this point. I think a lot of it will continue to depend on global politics and global markets, as long as both of these aren't doing so well, I think we will continue to see the price of bitcoin lower or remain most stagnant.
I do have to say however, it's impressive as hell that bitcoin has hovered around 19/20k for as long as it has, shows maturity!
I do have to say however, it's impressive as hell that bitcoin has hovered around 19/20k for as long as it has, shows maturity!
The energy crisis is also having a solid impact. I think that now there is a slight correction, following which it will become clear exactly where the price will move. The words of the author of the thread, "Bitcoin will reach a historical maximum by the end of the year," sound crazy.
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