Bear market likely over? - page 7. | Bitcointalksearch.org

DiMarxist

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Quote from: ShowOff on March 17, 2023, 06:06:53 AM

Quote from: CryptSafe on March 17, 2023, 05:46:16 AM

Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run.

It looks like the bullrun has been confirmed, in fact we have had more than 85% gain since last year's low.
Now it might be good to expect $30K to be hit, but I doubt we can keep the price above $26K for much longer. As has happened several times since the start of the year, $25K has been hard to hold on to as the panic over FUD has forced some traders to sell it at high "most likely".

Quote from: CryptSafe on March 17, 2023, 05:46:16 AM

I am not an expert. This is not an investment plan neither is it an investment idea. I am only speculating so do your own research.

It doesn't matter, the hope is always there to get higher price. Anyone wishing to invest should only consider their own risk, meaning that none of this analysis and speculation should be taken as financial advice.

We all know the higher price will come, you fear and brave work together, Bitcoin price is unpredictable the bear market will not last for two years it's only last few days,weeks is too long half a year you take risk.but am speculating this month it's might reach $30k if he climbed $28k next week.remember the price always fall and rise no one can predict the position of Bitcoin.so the best thing to do is to prepare for both, when the bear market comes you risk,and when Bitcoin comes up you take advantage of the bull market.

kamvreto

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Quote from: ShowOff on March 17, 2023, 06:06:53 AM

Quote from: CryptSafe on March 17, 2023, 05:46:16 AM

Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run.

It looks like the bullrun has been confirmed, in fact we have had more than 85% gain since last year's low.
Now it might be good to expect $30K to be hit, but I doubt we can keep the price above $26K for much longer. As has happened several times since the start of the year, $25K has been hard to hold on to as the panic over FUD has forced some traders to sell it at high "most likely".

FUD and panic will always come together, and when they do, the price of bitcoin will take a nosedive. the highest resistance is still at the price of $ 26900 and it still cannot be broken, if this resistance is able to be broken it is possible that we will advance to the price of $ 30k. But if you can't penetrate it, bitcoin will experience a correction again. It's still difficult at the moment and there will definitely be FUD emerging to disrupt market prices. But if you already get 85% profit, it seems you just need to relax and add a few more assets to make more. Your target may not be now, but in the long term to reach the latest ATH

ShowOff

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Quote from: CryptSafe on March 17, 2023, 05:46:16 AM

Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run.

It looks like the bullrun has been confirmed, in fact we have had more than 85% gain since last year's low.
Now it might be good to expect $30K to be hit, but I doubt we can keep the price above $26K for much longer. As has happened several times since the start of the year, $25K has been hard to hold on to as the panic over FUD has forced some traders to sell it at high "most likely".

Quote from: CryptSafe on March 17, 2023, 05:46:16 AM

I am not an expert. This is not an investment plan neither is it an investment idea. I am only speculating so do your own research.

It doesn't matter, the hope is always there to get higher price. Anyone wishing to invest should only consider their own risk, meaning that none of this analysis and speculation should be taken as financial advice.

CryptSafe

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Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run. I am not speaking from the opinions of other Crypto analyst and market speculators, from my own point of view and the little knowledge I have on this little research and after following up with the trends from last bear and bull run market, I think we are close to another bull run this year which will definitely or likely supercede the highest all time high.
I am not an expert. This is not an investment plan neither is it an investment idea. I am only speculating so do your own research.

Japinat

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Quote from: Rigon on December 30, 2022, 07:58:16 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?

The bear market doesn't seem to be ending anytime soon. Bitcoin price is currently at a position from which no one can make any predictions. However, various experts have analyzed that the Bitcoin market will move towards bulls in 2024. But everyone can invest as they wish in this bear market. You may not get such an opportunity later. So if you can buy bitcoins from this dumping market and hold for long term, you can definitely achieve good things in 2024. So no one should miss this time.

Don't believe in experts, just believe in yourself and what you see based on your experience. Experts have different predictions, some are bearish, while some are bullish, so it's really hard who to trust because at the end of the day, no one can predict the price or movement of bitcoin, we are just doing a big guessing game.

Rigon

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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?

The bear market doesn't seem to be ending anytime soon. Bitcoin price is currently at a position from which no one can make any predictions. However, various experts have analyzed that the Bitcoin market will move towards bulls in 2024. But everyone can invest as they wish in this bear market. You may not get such an opportunity later. So if you can buy bitcoins from this dumping market and hold for long term, you can definitely achieve good things in 2024. So no one should miss this time.

freedomgo

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Quote from: lixer on December 30, 2022, 01:28:23 PM

Quote from: Dave1 on December 30, 2022, 04:45:55 AM

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

Of course it can. Have you noticed that Bitcoin price rises to over $20k before? That was also the time where we saw some positive news. A negative news can have a negative effect as well because after those scams incident the price then drops again below $20k.

The presence of the bear market is still there and it has the biggest influence among all because if not because of it, then we can reach more than $20k right after some positive news came out. The announcement about Brazil to legalize crypto is sure a positive news but there are no actions yet that have been taken. That is also the reason on why the price hardly increase.

The last $20k was seen over a month ago, in the first week of November but after 48 hours the price fell steeply towards a little less $16k and up until now, the market has been going back and forth in the same price. After Brazil legalized the Bitcoin and passed a law about it, the market slightly increased towards $17k and just like other good news in the past, the market came back to $16k again in just few days after Brazil's legalization. So, who knows, bear season might stay with us until next year as there's still no sign that the bull is already approaching.

lixer

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Quote from: Dave1 on December 30, 2022, 04:45:55 AM

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

Of course it can. Have you noticed that Bitcoin price rises to over $20k before? That was also the time where we saw some positive news. A negative news can have a negative effect as well because after those scams incident the price then drops again below $20k.

The presence of the bear market is still there and it has the biggest influence among all because if not because of it, then we can reach more than $20k right after some positive news came out. The announcement about Brazil to legalize crypto is sure a positive news but there are no actions yet that have been taken. That is also the reason on why the price hardly increase.

Jating

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Quote from: ShowOff on December 30, 2022, 08:12:54 AM

Quote from: Dave1 on December 30, 2022, 04:45:55 AM

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

I agree about 2022, but there are big questions about 2023. I believe we can expect something different in 2023, it's about market recovery. I am still very optimistic that the market will recover soon in 2023 and it is quite possible that $20K will be support then.

So far it seems hard to see the market moving more than 5% at any one time, but I'm not really expecting that now as I still want to collect more bitcoin at low prices. Either way I still believe that the current drop in bitcoin price is part of a cycle, and it will end. No doubt, this is coming soon and I hope you all stay on the same train, meaning don't sell during the price down.

I guess there's nothing wrong to be optimistic in the next year, after all we really don't know what's next for us in 2023. On the flip side, if there will be another bear market, then obviously it will mean a decline again, so it could be in along the $10k-$13k worst case scenario, or a few bounce and maybe $25k-$30k if there is some good news around.

So for the best thing to do in this kind of situation is just like what you said, accumulate as much as we can, and then be prepared on both end. If the price decline then take advantage of the situation. If the price goes up, then DCA and still look for the long term or at least the next bull run.

ShowOff

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Quote from: Dave1 on December 30, 2022, 04:45:55 AM

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

I agree about 2022, but there are big questions about 2023. I believe we can expect something different in 2023, it's about market recovery. I am still very optimistic that the market will recover soon in 2023 and it is quite possible that $20K will be support then.

So far it seems hard to see the market moving more than 5% at any one time, but I'm not really expecting that now as I still want to collect more bitcoin at low prices. Either way I still believe that the current drop in bitcoin price is part of a cycle, and it will end. No doubt, this is coming soon and I hope you all stay on the same train, meaning don't sell during the price down.

Dave1

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Quote from: bounceback on December 26, 2022, 11:04:19 PM

Quote from: serjent05 on December 25, 2022, 04:01:13 PM

Quote from: satscraper on December 25, 2022, 01:31:26 PM

In my humble opinion, it will over approximately in May-June 2023 when bill regulating the use BTC as payment in Brazil will go into effect. More than 200 millions population of Brazil may positively effect cryptomarket.

I somehow disagree. I do not think the implementation of Bitcoin in Brazil as a mode of payment will automatically tap these populations and make these population adopt Bitcoin. I think Brazil needs years before Bitcoin is adopted by the majority of its population. The news may bring bullish sentiment but it doesn't mean transitioning the bear market to bull market. It may positively affect but the effect is not enough to make the market bullish.

Maybe the legalization of bitcoin as a payment method in Brazil will have a positive impact on the movement of bitcoin but I think it will only have a temporary impact as we saw when the government of El Salvador made bitcoin a legal tender before, for 2023 it looks like we will still be in a bear market and it looks like we need a little while for the bulls to come around as the events we are facing right now are almost exactly the same as the ones that happened in 2018.

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

bounceback

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Quote from: serjent05 on December 25, 2022, 04:01:13 PM

Quote from: satscraper on December 25, 2022, 01:31:26 PM

In my humble opinion, it will over approximately in May-June 2023 when bill regulating the use BTC as payment in Brazil will go into effect. More than 200 millions population of Brazil may positively effect cryptomarket.

I somehow disagree. I do not think the implementation of Bitcoin in Brazil as a mode of payment will automatically tap these populations and make these population adopt Bitcoin. I think Brazil needs years before Bitcoin is adopted by the majority of its population. The news may bring bullish sentiment but it doesn't mean transitioning the bear market to bull market. It may positively affect but the effect is not enough to make the market bullish.

Maybe the legalization of bitcoin as a payment method in Brazil will have a positive impact on the movement of bitcoin but I think it will only have a temporary impact as we saw when the government of El Salvador made bitcoin a legal tender before, for 2023 it looks like we will still be in a bear market and it looks like we need a little while for the bulls to come around as the events we are facing right now are almost exactly the same as the ones that happened in 2018.

Lanatsa

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Quote from: n0ne on December 26, 2022, 07:07:01 PM

Quote from: Prince Malik on December 26, 2022, 07:01:22 PM

Quote from: savetheFORUM on December 26, 2022, 04:44:04 PM

Quote from: Thomas Kralow on December 25, 2022, 10:01:50 PM

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

Yes this is a very important points, crypto experts and whale's will try to keep silent or even spread some indirect fud to keep the price at low levels so they take the opportunity to buy the dip, elon musk said " Bitcoin will make it but might be a long winter " and that's a perfect example of a soft FUD

Influencers try to benefit out of the market FUD. This time we won't experience any big movement out of the Influencers, because the proper learning have made people believe in cryptocurrency and hold even when more negative news got rolled around the market. In the past in such situation more number of users leave the market. Nowadays it is hard to see users leaving the market for which new users keeps getting into the market.

Or simply holding up their positions and to those people who had made out mistakes in the past did eventually learn up and now when there's some sort of FUD or negativity around then people arent easily
making out some selling or panic selling of their stashes but rather remain holding and waiting up for the right time to do so.
This is why it didnt really result such devastating situation that we do have in the market and able to held up its price which is something considerable
despite for this market to have lots of fuds around recently.

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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?

Haha, this ages like fine... milk.*
Goes to show that first of all, trying to predict short term market movements is extremely risky. Black swan events such as the FTX- and general CEX crisis are hard to predict regarding their timing - the only thing certain is, that every once in a while a massive "event" like this will happen and affect the market quite strongly.

*But still, if you do some cost-average-buying over the last few months, you probably will fare quite well in the long term, meaning 2 - 5 years. Probably.

n0ne

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Quote from: Prince Malik on December 26, 2022, 07:01:22 PM

Quote from: savetheFORUM on December 26, 2022, 04:44:04 PM

Quote from: Thomas Kralow on December 25, 2022, 10:01:50 PM

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

Yes this is a very important points, crypto experts and whale's will try to keep silent or even spread some indirect fud to keep the price at low levels so they take the opportunity to buy the dip, elon musk said " Bitcoin will make it but might be a long winter " and that's a perfect example of a soft FUD

Influencers try to benefit out of the market FUD. This time we won't experience any big movement out of the Influencers, because the proper learning have made people believe in cryptocurrency and hold even when more negative news got rolled around the market. In the past in such situation more number of users leave the market. Nowadays it is hard to see users leaving the market for which new users keeps getting into the market.

Prince Malik

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Quote from: savetheFORUM on December 26, 2022, 04:44:04 PM

Quote from: Thomas Kralow on December 25, 2022, 10:01:50 PM

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

Yes this is a very important points, crypto experts and whale's will try to keep silent or even spread some indirect fud to keep the price at low levels so they take the opportunity to buy the dip, elon musk said " Bitcoin will make it but might be a long winter " and that's a perfect example of a soft FUD

savetheFORUM

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Quote from: Thomas Kralow on December 25, 2022, 10:01:50 PM

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

Thomas Kralow

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Quote from: jakdanyel on October 26, 2022, 07:00:58 PM

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.

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

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Nobody knows for sure if the bottom is in or not. Many things are different now - we didn't have a blowoff top last cycle and a total price increase of about x3 instead of x20 we used to have before. We are down ~75% from ATH and during previous cycles this number was lower (but also the tops were higher and more exponential). That makes me think that the bottom is really in and perhaps we'll have some relief rally into the $35-38k area before the halving. That would be fair as bulls got screwed as they failed to sell at $100k+ they were expecting, why can't Bitcoin screw some bears by refusing to go lower (similar to $3k last cycle) and reversing into the $30xxx area instead? Cool

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Quote from: ?? on ??

Although the price increase on some coins in recent days has increased again, but I am not sure that the bear market will end soon, because for now there are still many things that must be completed by the platform to recover the price of coins that have fallen dramatically, so do not rush to feel relieved by the current price increase, and we can see the experience we feel for the previous year the market situation can grow up to 4 years long so now I don't think it's time to feel the bear market is over yet.

Given that it has carried us into a new year, the bear market is unpredictable. Since I began investing in cryptocurrencies and bitcoin, this has been one of the longest bear markets I have witnessed or experienced. The price of all coins has fallen by more than 50% from its early 2021 high; I hope that prices will start to recover in the upcoming year 2023.

Topic: Bear market likely over? - page 7. (Read 2969 times)