Topic: Bear market likely over? - page 14. (Read 2961 times)
There is always the possibility of a crash of some sort, but who knows if that will happen or when. The most interesting part of this is it isn't being pumped through an exchange. All transactions are held in the Blockchain, so it is impossible to tell how much has been purchased in total by anyone. This makes me feel more confident about the future and hope that Bitcoin is on its way to becoming mainstream.
Whatever happens in the market, there will always be someone who will shout "I told you so" or "I knew it."
OP, now you look like such a herald, who, without obvious signs, begins to spread congratulations. You will earn the title of visionary if we see rapid growth rather than stomping back and forth. But for now, the crystal ball is still in the hands of bitcoin itself.
OP, now you look like such a herald, who, without obvious signs, begins to spread congratulations. You will earn the title of visionary if we see rapid growth rather than stomping back and forth. But for now, the crystal ball is still in the hands of bitcoin itself.
A bear market may grow for a little while. But in the current situation, market growth is not possible। Currently the Bitcoin market is a bit slow due to which it is still not possible to predict which direction the market will go.This is the perfect time to hold for a long time. If you want to fill the pocket then surely you can in this situation. Good luck for next time.
Yes, It is very interesting to see the price of bitcoin bounce back after losing half its value over the last few months. It is not entirely clear what exactly is causing the recent increase in demand, but there appear to be a number of contributing factors including the adoption of bitcoin in some countries, the surge in transactions taking place in some Major Exchanges, and the difficulty of obtaining bitcoins due to rising fees for mining.
It is obvious there is an increase in demand making the price surge a little bit high. I'd see the courage of many people taking the risk and buying crypto during this bear season. But yes, this won't just lift the situation as we are still in the bear condition probably until the end of this year or until next year. However, despite the situation we face these days, we still see the stability of the market price not go deeper unlike before. It is likely that people never lose their hopes but instead, they learn what they did during the last bear season. 
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?
We need to keep in mind that we are down 70% from the ATH and now we are up just over 7% in just two days and this isn't enough to indicate that the bear market is coming to an end. Optimism is a good thing but don't overdo it because you will be even more disappointed when the market falls again. Look at the current world economic situation and face the reality that markets will never recover if the economy remains in a state of crisis.
too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much
Be careful, don't panic too much
Yes i too agree on this. Concluding something big like this is really too soon. IMO these are just market manipulations made by big whales in order to make profit from the market. Sadly many newbies fall into this and starts buying or selling the coin. Earlier in this bear market we have noticed this, and similar things also happening right now. So before taking any big discussions, we should analyse every thing. Also Bitcoins won’t touch any new all time high very soon, not in this year atleast.
too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much
Be careful, don't panic too much
If that is the case, then it's called bull trap and small investors should really careful about it because they might caught in the middle where they gonna trap to buy at its high price. But as for the long term investors, this mean nothing and it's really best to buy at this price before the actual bull runs happens. 20k it's a good sign I wonder if it will go higher than this in the upcoming days.
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.
The bear market has not yet ended. It was just a short squeeze. IMO If you look at the RSI you'll see there are hidden bearish divergence on the daily time frame, which indicates that price might drop in the coming days.get ready for bullrun
Historically, bullrun starts after bitcoin halving which will take place in 2024. 
Source: https://mobile.twitter.com/cryptokaleo/status/1537525226774355973
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 bounce back to $20k and you already concluded that bear market is going to be over soon, I don't really know but you might be right. I don't care whenever bitcoin will bounce back, have been holding my bitcoin for few years and am not ready to sell soon, even in the next bull run am not selling my bitcoin, that's why I don't care when the bear market will be over. Am sure most people will have bagged enough bitcoin since we entered bear market, the only people that will be left behind if the bull run start are the once that are still expecting bitcoin to dump below $13k, which if the start seeing bitcoin pumping, they will start regretting why they didn't buy when bitcoin was in $18k. What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
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 don't think that the bear market is going soonest as you believe, normally I believe that the market would even go through some months if not years of accumulation stage which I don't think we have really seen yet plus this bit of a relief rally does happen in the market over the cause of the Bear season. What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
You would see at different intervals here, we have had this small pumps, but the general market sentiment is still bearish. Let's hope you are right about market reversal, but it would be nice to have a proper confirmation
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
The current bounce back of Bitcoin is said to be the result of the current announcement of Canada's interest hike and the continues weakening of new home sales in the US[1]. It was said that these two factors had helped to make Bitcoin break its current sideway trend and make the market uptrend to $21k.
with this surge, I think that this is just another higher low, and the Bitcoin market is yet to transition to a Bull market. The hype around the Bitcoin market is not yet strong enough to sway away the bear sentiment of the Bitcoin market and I believe that it will need more good news than the recent one.
[1] https://www.coindesk.com/markets/2022/10/26/bitcoin-jumps-to-21k-after-soft-us-data-less-hawkish-boc/
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?
The Bitcoin price increased by a thousand dollars and the newbies say that the bear market is over.
This is a newbie thing to do.How many times the Bitcoin price went above 20K USD in the last couple of weeks? More than once. Was there a significant bull run? Nope.
Can you backup your theory about new ATH coming soon with some facts or a proper analysis? I don't think so.
A new Bitcoin ATH is going to be reached in 2025. Nobody and nothing could possibly make me change my mind.
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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?
What I think is that with your analytical and predictive skills you must be a multi-millionaire by now if you have been trading based on them.
It's irony, in case you haven't caught it.
It would be nice to know why you think the price is going to go from 20 and a bit thousand to 70 thousand USD in a couple of months, as there is no serious analysis, not even the most optimistic ones, that even comes close to such a bullish prediction.
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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?
I think, bullish market is about to appear in the community for investors to believe that bearish season have few days to spend in the market before bullish will roll over for both long term investors and short term investors to smile. Now that the price of Bitcoin hit $21,000 few hours ago in the market, showed that before next month ending the price will reach $50,000 for those that bought when the price was $18,000 or $17,500 to start releasing their bitcoins to make a good profits. I don't think, this new price will decrease again in the market before it will increase higher for bullish season to fully remain stable through out this year.
traders are split on this speculation. but some are saying last june was the macro bottom where it plunged to $17k. if this is true then you are not the only who missed it.
if we are down to more than 70% and the marketcap is down to 1/3 and we are still uncertain if we go below $20k again, its a good time to buy. you are already in a good position to wait for the bull market.
if we are down to more than 70% and the marketcap is down to 1/3 and we are still uncertain if we go below $20k again, its a good time to buy. you are already in a good position to wait for the bull market.
I believe we can recover faster than what we previously imagined, also read my thread here, I believe the 4 year cycle has been broken and is no longer useful as a reference when the recent economic crisis occurs, Bicoin can solve that problem, let's see developments in the next few weeks and don't forget to buy now is a very cheap price, bitcoin is like a fast train so buy it before the fast train leaves you all
I disagree on both of your arguments if that is possible when I present you my argument hehehe. We might not recover faster if the war between Russia and Ukraine does not stop. You also argue that the 4 year cycle has been broken. However, it has not yet been broken because we are still in early in the cycle. Next year will be telling, I reckon.
In any case, yes next year we might begin to agree on one of your arguments. Slow economic recovery implies the 4 year cycle being broken and a faster recovery than expected would imply the 4 year cycle continues.
@mk4. I very much agree!
You're speaking as if this was the first time we had a bounce back in price. Don't forget — we literally had a bounce from approximately $18,700 up to like $22,400 just last month. Where are we now? We're going to need a lot more than this to make a safe conclusion that the bear market is likely over.
too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much
It's true as you said we have to be careful not to panic and not get too excited. This can be an encouragement for crypto users, because basically we will never know when the bulls will arrive, because it is very difficult for us to predict, we can give predictions but we should not expect too much because if we expect too much we will definitely be disappointed , we should respond normally when there is news about the increase in crypto prices. Be careful, don't panic too much
Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time.
There are some reasons to believe that Bitcoin is moving in a bottom range but pay attention in the word 'range'. A range has upper and lower bands and you should know there are outliers beyond a range.The market basically should have a massive shake out and I believe we will have it when Bitcoin surprisingly crashes towards $13,000. All weak hands should be out, all gamblers should be killed by forced liquidations, before a new bull run kicks off officially.
Bitcoin is moving under its Realized price for a while and the period is almost the same as it was in Nov 2018 to April 2019. If history repeats, it should ends soon.
Pi cycle top indicator gives me a thought that Bitcoin should have a good bounce back to about $40,000 and it should be corrected back. A next time will be an official jump into a new bull run.
People are still very fearful according to Bitcoin Fear and Greed Index
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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.
It won't. New all time highs are reached in bull market, not in bear market, not within a few months after a bear market ended. When a bear market ended, it needs a few months to wipe out fear, hesitation, disbelief so that a new all time high can be seen.Quote
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
Normal movement, nothing special. 
Its' too early to celebrate the end of bear market, LOL. The price is just above the mental barrier of $20,000, nothing more. It's doesn't mean that the market will change it's course. Definitely this is a good sign, but still it is way below our last all time high.
And for sure everyone knows that the catalyst for a bull run is the block halving which is still years from us (2024). Be careful though, this could be a trap.
And for sure everyone knows that the catalyst for a bull run is the block halving which is still years from us (2024). Be careful though, this could be a trap.
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