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Topic: Bear market likely over? - page 5. (Read 3059 times)

legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
April 10, 2023, 12:16:04 AM
Well I am now thinking this 'bear market' is over. Bitcoin price is looking very attractive at the moment and I like the optimistic view. I’m bullish on BTC and think in remaining of  2023 we’re going to see some nice gains.

I  would love to stack up some satoshis right now and if I had the extra fiat I would definitely consider buying more. Unfortunately, I don’t have a ton of fiat lying around at the moment but I am definitely liking the price. If the timing is right and this is a good year at work, I’ll be stacking up more Bitcoin  while I think we will see a 'bull run at any time.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
April 09, 2023, 02:58:01 AM
In my opinion, there are several potential reasons behind the recent bitcoin price rebound. One possible factor is the increased institutional adoption and investment in Bitcoin. Companies like Tesla and Square have invested billions of dollars in Bitcoin, and major banks and financial institutions are starting to offer Bitcoin-related products and services. This increased interest in and investment from established players in the financial world could have contributed to the recent spike in prices.
there are a lot of adoption and more people are using bitcoin today than the past, and i believe there are more users coming, play to earn, gambling, online casino that pays crypto etc., There are a lot of crypto news all around the world and the price of bitcoin today is rising so i think the price will continue to spike soon.
full member
Activity: 1119
Merit: 206
Next Generation Web3 Casino
April 07, 2023, 11:36:56 AM
In my opinion, there are several potential reasons behind the recent bitcoin price rebound. One possible factor is the increased institutional adoption and investment in Bitcoin. Companies like Tesla and Square have invested billions of dollars in Bitcoin, and major banks and financial institutions are starting to offer Bitcoin-related products and services. This increased interest in and investment from established players in the financial world could have contributed to the recent spike in prices.
sr. member
Activity: 1792
Merit: 255
March 29, 2023, 10:35:54 AM
The bear market has been running for over 10 months in the cryptocurrency market. Therefore, predicting the end of a bear market is very difficult, because there are many factors that can influence market trends and investor sentiment. While some indicators, such as technical analysis or market trends, can provide insight into potential market shifts, it is still important to conduct thorough research and approach investment decisions with care.

Of course it's sad because there are so many big scam cases that create panic, but this is a valuable lesson for us that crypto is a potentially profitable investment or vice versa, and March looks satisfying because it's a little closer to the price of $ 30k.
full member
Activity: 790
Merit: 112
March 28, 2023, 02:04:16 PM
The bear market has been running for over 10 months in the cryptocurrency market. Therefore, predicting the end of a bear market is very difficult, because there are many factors that can influence market trends and investor sentiment. While some indicators, such as technical analysis or market trends, can provide insight into potential market shifts, it is still important to conduct thorough research and approach investment decisions with care.
sr. member
Activity: 1722
Merit: 252
March 28, 2023, 10:17:29 AM
I don't think the bear market is over yet because the last few days the price has continued to decline, and now the price is around $26800, even though it doesn't fall too deep from the highs this March but it still needs a higher increase like $40k to be able to say the bear market is over.
sr. member
Activity: 1428
Merit: 252
March 27, 2023, 10:40:02 AM
Bear market still dominates and today the price of dropping again is around 3%, this proves that the prediction that March can reach $ 30k seems to fail, but we do not panic and better focus on continuing to buy when the market crash because the opportunity to buy is cheaper is during the market drop.
sr. member
Activity: 1190
Merit: 250
March 27, 2023, 05:27:57 AM
Prices have stabilized above $25k and I think now that we are entering a new era, the bear market is definitely not over yet and there is still a chance for it to fall again, we can say the bear market will be over soon if the price reaches at least $45k, of course everyone's opinion is different, and hopefully the $45k price can be reached in april.
legendary
Activity: 2240
Merit: 1069
March 26, 2023, 06:11:07 PM
For now we should be optimistic that the bear market is over, prices continue to rise and set new records again, this week the price has risen by more than 35% and the opportunity to rise will be even greater, especially silicon valley bank investors are very disappointed because the stock price has dropped more of 65%, of course it has a big impact and cryptocurrencies are the best solution for profit.
The bear market is about to end but is not certain yet. Recently Bitcoin is trading between $27000 and sometimes $28000. A bullish trend can start at any time in the market. The recent US bank crisis is a key factor behind Bitcoin's sudden rise. People are now interested in keeping their money in Bitcoin instead of banks. As a result, we can expect to get rid of the bear market very soon. Investors must invest with caution. Moreover, if you want to invest in Bitcoin, you must have a long-term investment plan.

I do not think that the bear market is over or coming to an end. I see this bounce as just a reflex and will eventually go back to the level before it becomes bullish. I think we still have a long way to go before the bear market is over. Not a bad thing at all for me since I can still have more time to accumulate more bitcoin before the actual bull market kicks off. Anyone who want to take a bit of profit can do so now and buy back when it goes down again. 28K level already has a good profit level if you bought it two weeks earlier. Maybe we can squeeze a bit more profit this week, but I am not too sure about it.
legendary
Activity: 3346
Merit: 1203
March 26, 2023, 02:36:04 PM
For now we should be optimistic that the bear market is over, prices continue to rise and set new records again, this week the price has risen by more than 35% and the opportunity to rise will be even greater, especially silicon valley bank investors are very disappointed because the stock price has dropped more of 65%, of course it has a big impact and cryptocurrencies are the best solution for profit.
The bear market is about to end but is not certain yet. Recently Bitcoin is trading between $27000 and sometimes $28000. A bullish trend can start at any time in the market. The recent US bank crisis is a key factor behind Bitcoin's sudden rise. People are now interested in keeping their money in Bitcoin instead of banks. As a result, we can expect to get rid of the bear market very soon. Investors must invest with caution. Moreover, if you want to invest in Bitcoin, you must have a long-term investment plan.

We might have a surprise because this bear market still wants to go and for now that 30k range is even harder to break in the short term so I would expect Bitcoin to bounce in this 22-29k range for this summer and maybe after it , we can have clearly signs of a bull market. However, this is just my prediction based of how I see charts and how price movement is currently affecting the markets but also the holders and traders. Smiley
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
March 26, 2023, 11:02:52 AM
For now we should be optimistic that the bear market is over, prices continue to rise and set new records again, this week the price has risen by more than 35% and the opportunity to rise will be even greater, especially silicon valley bank investors are very disappointed because the stock price has dropped more of 65%, of course it has a big impact and cryptocurrencies are the best solution for profit.
The bear market is about to end but is not certain yet. Recently Bitcoin is trading between $27000 and sometimes $28000. A bullish trend can start at any time in the market. The recent US bank crisis is a key factor behind Bitcoin's sudden rise. People are now interested in keeping their money in Bitcoin instead of banks. As a result, we can expect to get rid of the bear market very soon. Investors must invest with caution. Moreover, if you want to invest in Bitcoin, you must have a long-term investment plan.
hero member
Activity: 1120
Merit: 504
March 26, 2023, 10:42:24 AM
Right, it looks like the bear market has passed and makes us optimistic about bitcoin, the price has reached $ 27k and I'm sure next week the price will enter at $ 30k, don't sell, it's better to buy so we can get big profits, a sign that the market will soon be a bull run it is clear and will regret if we sell now.
Traders who are already seeing profits probably won't listen to your words because they will also be buying back after profiting from purchasing Bitcoins the previous time. What you say is only suitable for long term holders or investors who like to invest long term so there is no need to sell at this time if they are still very confident about the next bigger increase in Bitcoin this year.

It seems that people are starting to Fomo and slowly believe that the bull season has come and we are out of the bearish season. At times like these, I would really be wary of the market, the sharks are trying to pump bitcoin to create the Fomo wave and they are succeeding. As for me, I still doubt that we are out of bear season, it is too early to say that bear season is over, even if bitcoin hits $30k.
I also don't think that the current market condition is already in a bull run, because corrections are still common and bear conditions can appear suddenly. So I still think that the current conditions are normal conditions that are normal in the market, so staying alert is the wiser thing for everyone to do. Take profits and buy back if it is still possible to do so.

It takes time to say we've entered a bull run, this kind of bull run has happened a lot and many have stuck with buying more, then the price drops for a significant amount of time, i think if the price has reached at least $40k then we should be hopeful that a bull run has occurred.
The increase that has occurred at the beginning of this year and especially in this month of March is a normal and ordinary increase, so there is no need to consider it a bullrun because for me it is still early enough to consider the market already in a bullrun. Everyone obviously still needs time to see how the market conditions will be until the end of this month and also at the beginning of next month to assess whether it is suitable to be considered a bull run or not.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
March 25, 2023, 12:04:24 PM
we cannot say that now its over whether its a bear market or a bull market but it will occurs regularly. As you are talking about the bear market that its over so as I remembered 2022 was totally a bear season because all coins were very low in price and as the year 2023 originates so the market value become rises.

Now as you can see that those bitcoin holders who hold bitcoin in 2022 and didn't sell their bitcoin till now will have more benefits at this time as the price is now 27k$. Yesterday it was 28k$ and now its slightly become lower so we cannot say that  now its bear market ends or  Bull market initiates because the prices does not remain constant for longer time.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
March 24, 2023, 09:01:24 PM
The price is approaching $30k and it looks like the bear market will soon be over, we'll see tomorrow or the day after tomorrow whether $30k can be reached in March, if it can be achieved of course the hope for April can be like in 2021 which will achieve a fantastic increase, conversely if the price drops again below $25k then it will be difficult for us to bull run.

Even if bitcoin hits $30k, there's no guarantee it won't fall back, so it would be inaccurate to predict that the bear season is ending. Conversely, if bitcoin doesn't hit $30k but corrects below $25k, that's not entirely bad because bitcoin can't go up forever without a correction. A slight correction and then a bounce is possible, and I am more inclined to this scenario than hitting $30k immediately. In the short term, I remain optimistic that bitcoin can still rally to higher levels, but markets are unpredictable, so always have a plan for both scenarios.
full member
Activity: 994
Merit: 101
March 24, 2023, 08:58:17 PM
Right, it looks like the bear market has passed and makes us optimistic about bitcoin, the price has reached $ 27k and I'm sure next week the price will enter at $ 30k, don't sell, it's better to buy so we can get big profits, a sign that the market will soon be a bull run it is clear and will regret if we sell now.

It seems that people are starting to Fomo and slowly believe that the bull season has come and we are out of the bearish season. At times like these, I would really be wary of the market, the sharks are trying to pump bitcoin to create the Fomo wave and they are succeeding. As for me, I still doubt that we are out of bear season, it is too early to say that bear season is over, even if bitcoin hits $30k.

It takes time to say we've entered a bull run, this kind of bull run has happened a lot and many have stuck with buying more, then the price drops for a significant amount of time, i think if the price has reached at least $40k then we should be hopeful that a bull run has occurred.
STT
legendary
Activity: 4088
Merit: 1452
March 24, 2023, 06:59:47 PM
Quote
starting to Fomo

Fomo is a crescendo that starts silently and builds over some time, we are not even slightly close to a roar that it should be at full momentum and pace of gain, we are still building.   I think its possible we do have some pullback, so far I'm observing sideways but that brings the danger we negative recent lows and trade lower.  Losing 27k brings us to 25k or a bit lower then that.
sr. member
Activity: 832
Merit: 286
DGbet.fun - Crypto Sportsbook
March 24, 2023, 06:53:50 PM
The price is approaching $30k and it looks like the bear market will soon be over, we'll see tomorrow or the day after tomorrow whether $30k can be reached in March, if it can be achieved of course the hope for April can be like in 2021 which will achieve a fantastic increase, conversely if the price drops again below $25k then it will be difficult for us to bull run.
It is possible that the $30k price can be reached in April as the current price is very close to $30k, but who knows it can be reached by the end of this month because the price recovery factor is very significant in the current market movement, so we really hope this month's market will close in this area $30k so next month we can target a price of $40k-50k which is coming soon.
legendary
Activity: 3080
Merit: 1353
March 24, 2023, 04:22:36 PM
The price is approaching $30k and it looks like the bear market will soon be over, we'll see tomorrow or the day after tomorrow whether $30k can be reached in March, if it can be achieved of course the hope for April can be like in 2021 which will achieve a fantastic increase, conversely if the price drops again below $25k then it will be difficult for us to bull run.

The price is around $27,400 again, check the price right now.

So I doubt that we will see $30k tomorrow or even this month. If I'm not mistaken, CME's bitcoin future contracts are going to expire and I think this is one of the factors why suddenly the price goes down again. Hopefully after that, the price will go up to $28,000 at the end of the month.

We don't need to rush and say that the bear market is over, we like what the market has been doing for the first 3 months, but still a long way to go to say that bear market is over.
sr. member
Activity: 1526
Merit: 255
March 24, 2023, 04:50:23 AM
The price is approaching $30k and it looks like the bear market will soon be over, we'll see tomorrow or the day after tomorrow whether $30k can be reached in March, if it can be achieved of course the hope for April can be like in 2021 which will achieve a fantastic increase, conversely if the price drops again below $25k then it will be difficult for us to bull run.
full member
Activity: 1162
Merit: 106
March 22, 2023, 11:23:42 PM
After going through a long period with a bear market it looks like the bear market is over soon, the price has passed $25k and the next target is $30k, I'm even more optimistic that if the price of $30k is reached it will continue to rise and maybe reach ATH in April.
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