Bear market likely over? - page 12. | Bitcointalksearch.org

Inwestour

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Quote from: Coin_trader on October 29, 2022, 11:24:47 AM

I'm sure Doge hype will die very soon since it was already overbought while we are still on undecided market. Shorting or longing this shitcoin will be very dangerous due to it's high volatility state right now.

After each pump, a dump comes, but what this pump is connected with is not clear, most likely it is the inflated news about a new purchase, and how quickly it took off so quickly it can fall. Temporary pump that risky guys can use. I have seen many advise about buying dogs, but this advice seemed crazy to me. Damn , it works!

Hamza2424

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Not a perfect word for it as i don't know for now as its done or not because Still we are facing some of the signals as we are still stuck but some of the signals confirm that bear market is ended and bottom confirmed. Point is the mainstream Bottom is expected to be 14k but its still unknown. What we need is some patience.

Coin_trader

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Quote from: philipma1957 on October 29, 2022, 10:49:17 AM

A lot depends on Twitter sparking a massive Doge rally and the price of US savings bonds. Come Nov 1 the I bond will be adjusted along with a fed rate hike on Nov 2-3.

I think all of the above could serve to surge or cut the bulls. Next week is critical . Grin

This is so true! I believe the dump will be terrible if the Feds rate will imposed a new hike although Powell is already notified by some economist to slow down on increasing the interest which means there's a chance that the rate will lower and this mini bull run becomes a mid tier bull run until the next Feds meeting. Cheesy

I'm sure Doge hype will die very soon since it was already overbought while we are still on undecided market. Shorting or longing this shitcoin will be very dangerous due to it's high volatility state right now.

Maidak

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Quote from: Agbe on October 28, 2022, 12:58:25 PM

Quote from: CryptSafe on October 26, 2022, 05:47:31 PM

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?

Yes I discovered it on Wednesday that Bitcoin has climb up to 20$ till now it has not come down that is a good indication that the price of Bitcoin has stable and it preparing to rise. Therefore the bear market is going to an end and the bull is going to take place as soon as possible. But some predicted early next year for the bull market to take place and some predicted late this year so if the bull come this year before the end of the year, I am not surprised again because I am not putting the bull in my mind for now.
Thinking of Bitcoin price in mind gives High Blood Pressure (BP). But when the bull happen, those who have stored at least some in their wallets will be Happy.

We've been under $20k for a long time and a lot of people are excited to see it go above $20k again but the gain was only 7% so it cannot be said that this is a sign of a bull market. For me this is just a slight rally and bitcoin will soon drop again in the next few days. Remember we are still in a bear market and the economy is still very volatile so it is impossible to say that the bulls are coming.

Many people are discouraged by the long bear season but be sober don't let these short-term greens fool us, bear season won't end anytime soon until the economy stabilizes again.

philipma1957

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A lot depends on Twitter sparking a massive Doge rally and the price of US savings bonds. Come Nov 1 the I bond will be adjusted along with a fed rate hike on Nov 2-3.

I think all of the above could serve to surge or cut the bulls. Next week is critical . Grin

Japinat

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Quote from: ChiBitCTy on October 27, 2022, 07:21:21 PM

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!

The OP might have read somewhere about these so-called "crypto experts" and saying about some forecast that the bear season will end sooner than expected. We literally don't know about that yet, not even the creator SN can predict the market's situation. We might have some good signs in the market but just like you mate, I don't think it's a sign that bitcoin will have its much awaited bounce back.

buwaytress

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Quote from: Ultegra134 on October 27, 2022, 04:58:59 PM

Quote from: buwaytress on October 27, 2022, 10:10:46 AM

If we're patting ourselves on the back for this, I won't know what we'll do to award anyone who makes it through new lows (they're coming, don't dream) and emerges in 2023/4/5 to claim a new ATH. Medals are cheap Wink

Exactly this. Why is everyone so excited when Bitcoin makes even the slightest bump? For quite a few months now, Bitcoin has been ranging between $19.00 and $21.000 for quite a few months now. There weren't any significant gains, it didn't even reach $21.000, but somehow, Bitcoin's and Ethereum's rally is all over the internet. We have a long way to go to see any decent recovery. Continue holding and we'll be rewarded.

They're probably a lot more excited when Bitcoin takes a whiff of a dump, to be fair. Panicky sells they'll never talk about, compared to courageous holds they don't make but keep talking about heh.

But yeah, I prefer to be vocally pessimist, but long term hopeful and quietly optimist -- of course, that doesn't affect market in anyway, just that I think if we're going to be feeling self-congratulatory for only holding this long, we're probably setting ourselves up to miss the actual milestone (next ATH, baby!).

hyudien

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Quote from: CryptSafe on October 26, 2022, 05:47:31 PM

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?

Anything can happen in a highly volatile market. Bitcoin and other Altcoins have phases that we cannot predict exactly. Some even think they will experience a bear market which makes the market respond very quickly. Always do research to review crypto market conditions as some factors increase or decrease due to more general world economic problems. But if you look at the market now, based on the timeframe it has been through Bitcoin has been reborn from its lows and we are now above $20K. So when a sharp decline occurs, it is difficult to say it lasts long. We are facing winter and the world cup people will withdraw their balance a bit to place bets and also buy some necessities in winter including Christmas.

lixer

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Quote from: romero121 on October 27, 2022, 07:02:32 PM

Quote from: ?? on ??

I don't think it's over. We're still in a bear market. I think these kinds of rises are to deceive us. In the bear market, you need to turn to other things. It makes me happy to earn something more or less with methods like testnet, airdrop, where we can earn free money. This is how I can spend the bear market efficiently and happily.

We're in the bear market. The price movement have turned good crossing $20k. Maybe for some time period this can move within the range of $20k to $21k same as it happened within $19k to $20k. As you've mentioned about the testnet airdrop, very few were getting eligible against a huge number of people's participation. So, everywhere luck have got its role.

There is only a small recovery in btc price and it doesn't tell that there is an incoming bull run but it's possible that we can climb till $21k up to $24k but again we shouldn't expect a lot because the price won't likely cross $25k and beyond just like last time.

Testnet airdrops on the other hand are gaining popularity nowadays I guess that's because of that aptos nft where users got a decent reward but indeed it's all about luck. That is the main recipe right now for the airdrops. If we want something more surer then why not enter trading? Price still shows some recovery so it's possible to engage on them. We can also try working on some free lancing sites if we have some skills. There are so many ways for us to earn during this bear season.

Sanitough

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Quote from: Bitstar_coin on October 27, 2022, 09:30:15 AM

As much as investors would want this to be true, unfortunately it is not. Bear market is very much available until btc halving i guess.
This 5% - 10% up is not an indication of a bull market, but some people get their hopes high seeing this type of occasional pump. I think traders have been rewarded these few days.

We will only consider that this will be the start of a bullish market once we start seeing 20% consistent price increase in all coins, but that is not happening as of today so most likely this is just another regular pump that will also dump later on. And as long as the bear market is here to stay, we won’t be able to see significant prices for bitcoin and altcoins.

Zaguru12

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Although this week has been great for bitcoin but that's not a guarantee to assume that the bear market is over. I think bitcoin is actually following the trait of last year where there was bull at late October. My assumption is bitcoin will revolve round the 20-25k figure and then hit another low come next due to the halve happening in 2024

Agbe

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Quote from: CryptSafe on October 26, 2022, 05:47:31 PM

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?

Yes I discovered it on Wednesday that Bitcoin has climb up to 20$ till now it has not come down that is a good indication that the price of Bitcoin has stable and it preparing to rise. Therefore the bear market is going to an end and the bull is going to take place as soon as possible. But some predicted early next year for the bull market to take place and some predicted late this year so if the bull come this year before the end of the year, I am not surprised again because I am not putting the bull in my mind for now.
Thinking of Bitcoin price in mind gives High Blood Pressure (BP). But when the bull happen, those who have stored at least some in their wallets will be Happy.

Antonas1

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Seems like too many people are too worried about the bitcoin price right now.

If we buy bitcoin for the long term, why should we worry about the price this year? Why don't wait for the right time to sell it on our target? Asking if the bears are over or not will only enhance your panic.

ChiBitCTy

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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!

milewilda

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Quote from: romero121 on October 27, 2022, 07:02:32 PM

Quote from: ?? on ??

I don't think it's over. We're still in a bear market. I think these kinds of rises are to deceive us. In the bear market, you need to turn to other things. It makes me happy to earn something more or less with methods like testnet, airdrop, where we can earn free money. This is how I can spend the bear market efficiently and happily.

We're in the bear market. The price movement have turned good crossing $20k. Maybe for some time period this can move within the range of $20k to $21k same as it happened within $19k to $20k. As you've mentioned about the testnet airdrop, very few were getting eligible against a huge number of people's participation. So, everywhere luck have got its role.

Im not that confident yet we had been testing out 21-22-23k resistances for a while now and eventually been rejected and failed on having a break out and then suddenly the price had gone down again back on 18k
which im not really that much excited if this is totally the turnaround of the trend that we are currently experiencing.Bear market is over? We cant tell until we do see on breaking several resistances above.
The best thing to be done into those short traders is to make use of these movements to secure out profits and assure it.For those long term holders then it wont really be that much of an issue
nor a mindful thing for you to be in concern since you wont really be that caring nor be stressed at all.

romero121

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Quote from: ?? on ??

I don't think it's over. We're still in a bear market. I think these kinds of rises are to deceive us. In the bear market, you need to turn to other things. It makes me happy to earn something more or less with methods like testnet, airdrop, where we can earn free money. This is how I can spend the bear market efficiently and happily.

We're in the bear market. The price movement have turned good crossing $20k. Maybe for some time period this can move within the range of $20k to $21k same as it happened within $19k to $20k. As you've mentioned about the testnet airdrop, very few were getting eligible against a huge number of people's participation. So, everywhere luck have got its role.

eaLiTy

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Quote from: CryptSafe on October 26, 2022, 05:47:31 PM

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?

A bounce of $1500 and it is a recurring theme. It bounced and now you can see that the market is taking another break. To expect the market to reach an all time high valuation before the end of this year is a good Wishlist but that is not going to happen if you checked the past market performance. Considering these as opportunities to fill in your bag for the next halving and then the market will rally but this time around there are some barriers in the form of inflation and the fear of recession. So anything is possible in the next 4 years.

Russlenat

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Quote from: CryptSafe on October 26, 2022, 05:47:31 PM

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?

This is what we all hope for to see a good price increase for bitcoin and with the rest of established altcoins. So congrats for those who have high patience in hodling their coins for long term as they might be profiting months from now. Otherwise, if the price will dump again, then most likely the bear market is not over yet and we might experience more dumping of prices in the next days and months.

Finestream

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Quote from: CryptSafe on October 26, 2022, 05:47:31 PM

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?

I think this is not something new as we all expect about having a good price increase for bitcoin after long span of bear market and low prices. If this increase will continue months from now, the maybe this will continue to be bullish but if this will suddenly stop, this might be another bull trap.

Smartvirus

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I can almost imagine the excitement for every bitcoin hodler. The thought and the signs of a possible bullrun is by far a wish and what everyone hopes for but, I remain in disbelief to say that, the bear market is over or the 4years circle has been broken.
For what is worth, these things comes with some sentiment attach that binds it almost like a tradition. It's an expectation for most and that is the sentiment that is likely going to make it happen.

Even in a bear market, we've got fake bullruns that comes with little pumps and then it dumps again. I think this could be it.

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