Bear market likely over? - page 9. | Bitcointalksearch.org

Asuspawer09

sr. member

Activity: 1638

Merit: 425

Cashback 15%

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?

It is possible since the market is unpredictable, most of the time, if there is a huge movement in the market most likely the price, could easily skyrocket, and then suddenly people become interested again in cryptocurrency and want to invest their money in it.

But at the same time, it is not that easy even though cryptocurrency is volatile and could quickly skyrocket it doesn't mean that it is going to happen, It is possible but it doesn't mean that it is going to happen.

On how the market moves at this moment I think the bear market is going to stay and could take years to become we experience the next bull run. Slowly I could see a lot of cryptocurrency news and I can see that it's gaining momentum at the moment, It is going to recover soon for sure.

Smartprofit

legendary

Activity: 2338

Merit: 1775

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?

It is likely that the end of the bear market will coincide with the end of the recession in the global economy.

The strengthening of the US dollar does not contribute to the rise in the price of Bitcoin. Currently, there is an increase in discount rates (refinancing rates). These regulatory measures lead to the strengthening of the US dollar, and, accordingly, a decrease in the prices of all risky assets (including technology stocks and Bitcoin). Under these conditions, it is premature to talk about the end of the bear market.

At the same time, in my opinion, Bitcoin is currently heavily oversold. The price of Bitcoin should be significantly higher.

Elena_Rodriguez

jr. member

Activity: 58

Merit: 1

Though the question was raised here long back but this still relevant for this day.

Bitcoin is displaying some stability, as the prices have crossed $17,000 this day (5th Dec 2022) it appears that the crypto market has entered a recovery mode. The tokens are holding above the lower support, despite the fact that bears are still mounting significant pressure. This means that the chance of a rebound could be determined as the crypto market seems to be in the process of preparing for a rally of relief.

According few crpto expert analyst like Michael van de Poppe, Jason Pizzino and news site Coinpedia a steady rise in volumes could push the bitcoin price to maintain a steep upswing to regain levels above $20,000 very soon, and bitcoin price prediction 2023 could reach to to $43,959.19.

I would suggest you to have a detailed read at https://coinpedia.org/price-prediction/bitcoin-price-prediction which is analysed taking all bearish trend in consideration.

serjent05

legendary

Activity: 2842

Merit: 1253

Cashback 15%

Quote from: inthelongrun on December 03, 2022, 06:01:17 AM

Although the bitcoin price is recovering from the effects of the FTX scam, I consider the whole market as bearish until the year of the halving. What we have seen right now is just a recovery from the big bad news that shocked the whole financial system with a huge indirect impact on bitcoin the leading cryptocurrency.

I hope this recovery continues and settle around $20k until the halving which indicates a bull run in the previous history of Bitcoin price. The news about Brazil accepting Bitcoin as mode of payment also help in this recovery because speculators can think that Brazil can bring a huge impact if the majority of its citizen participate in the process of Bitcoin adoption.

Quote from: inthelongrun on December 03, 2022, 06:01:17 AM

I expect next year as better than this year but still, it will have its ups and downs. The danger that I am looking into is if the war in Ukraine doesn't stop and its allies will play an indirect war which will be focused on economies.

Hopefully, the nearing of the halving event will have a huge effect on the price next year.

Quote from: OgNasty on December 04, 2022, 04:36:45 PM

If you’re a hardcore believer of the 4-year block reward halving cycle then you would definitely be looking at this current pricing as the bottom of the bear market. The timing fits perfectly. There are still some things hanging over the market as a whole, but I think those accumulating now will likely support the market going much higher. Anyone who got in under $16K will likely be very happy in a couple years if they can hold on.

Yeah, this time is accumulation time, and the earlier people accumulate the better the price recovers and the higher the possible new ATH of Bitcoin will be.

OgNasty

donator

Activity: 4732

Merit: 4240

Leading Crypto Sports Betting & Casino Platform

If you’re a hardcore believer of the 4-year block reward halving cycle then you would definitely be looking at this current pricing as the bottom of the bear market. The timing fits perfectly. There are still some things hanging over the market as a whole, but I think those accumulating now will likely support the market going much higher. Anyone who got in under $16K will likely be very happy in a couple years if they can hold on.

borovichok

hero member

Activity: 1148

Merit: 518

Quote from: Iranus on December 04, 2022, 12:16:53 AM

To put it more simply, the bear season won't end anytime soon until we get to the halving, I still believe history is repeating itself, we will only see the bulls when the halving happens. Predicting when the bear season will end is pointless and time-consuming, instead, we should focus and take advantage of this moment to collect as many bitcoins as possible. If the bear season ends earlier than expected and the bull season comes, and we don't have a lot of bitcoins, the upside will also be futile.

The bear market have been for a lengthy period and it's not leaving anytime soon. It's important to study the market and how it operates, it's very crucial to get profits in the beR market, because most projects dump while some rise during this period. The bear market will last throughout the year and might likely start pumping probably by next year. We should take our time to gather on more promising projects after the bear season, rather than stuck on complaining about the massive dump of coins.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: suzanne5223 on December 03, 2022, 07:32:26 PM

Quote from: akuntester1 on December 03, 2022, 09:28:22 AM

I think all the predictions and speculation about the end of the bear market are not necessarily accurate.
Many methods and analyzes have been presented, it's just that we don't know yet whether the analysis will actually take place.
No one can guarantee and know for sure when the bear market will end.
Currently I'm still holding on and staying patient to focus on long term targets.
I believe Bitcoin will print a new peak that has not been reached before.

Yes, the prediction will always be speculation and can't be accurate always but there are certain sensations in the market that can be used to predict the market's accurate next movement.
Technically, the bear is not over and I don't see the bullish happening this year this of the damage and fear of the FTX and other crypto firms going bankrupt that's happening lately not to mention the hacking issue. What we are seeing in the market never is just flash surges in price to complement the market.

To put it more simply, the bear season won't end anytime soon until we get to the halving, I still believe history is repeating itself, we will only see the bulls when the halving happens. Predicting when the bear season will end is pointless and time-consuming, instead, we should focus and take advantage of this moment to collect as many bitcoins as possible. If the bear season ends earlier than expected and the bull season comes, and we don't have a lot of bitcoins, the upside will also be futile.

suzanne5223

hero member

Activity: 2590

Merit: 650

Want top-notch marketing for your project, Hire me

Quote from: akuntester1 on December 03, 2022, 09:28:22 AM

I think all the predictions and speculation about the end of the bear market are not necessarily accurate.
Many methods and analyzes have been presented, it's just that we don't know yet whether the analysis will actually take place.
No one can guarantee and know for sure when the bear market will end.
Currently I'm still holding on and staying patient to focus on long term targets.
I believe Bitcoin will print a new peak that has not been reached before.

Yes, the prediction will always be speculation and can't be accurate always but there are certain sensations in the market that can be used to predict the market's accurate next movement.
Technically, the bear is not over and I don't see the bullish happening this year this of the damage and fear of the FTX and other crypto firms going bankrupt that's happening lately not to mention the hacking issue. What we are seeing in the market never is just flash surges in price to complement the market.

posi

hero member

Activity: 2240

Merit: 579

Leading Crypto Sports Betting & Casino Platform

Quote from: inthelongrun on December 03, 2022, 06:01:17 AM

Although the bitcoin price is recovering from the effects of the FTX scam, I consider the whole market as bearish until the year of the halving. What we have seen right now is just a recovery from the big bad news that shocked the whole financial system with a huge indirect impact on bitcoin the leading cryptocurrency. I expect next year as better than this year but still, it will have its ups and downs.

There is no doubt that the bull run will not show up any time soon, and what we are seeing now is a short-term rally that will not last for long. It is my opinion that the bull run won't start until the halving happens, history will repeat itself.

Quote from: inthelongrun on December 03, 2022, 06:01:17 AM

The danger that I am looking into is if the war in Ukraine doesn't stop and its allies will play an indirect war which will be focused on economies.

That's what I'm thinking too. What will the market be like if in 2024 when the war is not over, the economy is still under the pressure of the war? Bitcoin will still increase regardless of the world economy, or we are still affected by the world economy.

akuntester1

member

Activity: 126

Merit: 22

I think all the predictions and speculation about the end of the bear market are not necessarily accurate.
Many methods and analyzes have been presented, it's just that we don't know yet whether the analysis will actually take place.
No one can guarantee and know for sure when the bear market will end.
Currently I'm still holding on and staying patient to focus on long term targets.
I believe Bitcoin will print a new peak that has not been reached before.

AicecreaME

sr. member

Activity: 2324

Merit: 454

Quote from: Agbe on December 03, 2022, 06:47:41 AM

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 have not seen the bear market coming over in any time soon. It is now that the bear is about to start. Because it has not reached the speculated amount of 10$. Anyone saying that the bear market basket is coming to end is deceiving him or herself. Since we are in one the worst bear market in the Crypto space, this is the best time to buy and hodle it for the ATH. As the OP said, before you buy and hodle,. You have to know your financial status. If you keep all your savings to buy cryptocurrency, you might have issue with your family. Therefore, buy wisely. Enjoy btje bear market. Tour the bear Marlet.

I agree.

I thought Bitcoin is gonna hold up in the price of $20,00-$21,000 but it drops even more last week, if I'm not mistaken. Bear marker also gonna surprise us on how low it can get before bull market surprise us on how high it can get next time it will happen. Buying indeed every dip is a good move but don't forget the saying that "don't put all the eggs in one basket" because it might give you a lot of risk and regrets.

Agbe

hero member

Activity: 854

Merit: 1246

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 have not seen the bear market coming over in any time soon. It is now that the bear is about to start. Because it has not reached the speculated amount of 10$. Anyone saying that the bear market basket is coming to end is deceiving him or herself. Since we are in one the worst bear market in the Crypto space, this is the best time to buy and hodle it for the ATH. As the OP said, before you buy and hodle,. You have to know your financial status. If you keep all your savings to buy cryptocurrency, you might have issue with your family. Therefore, buy wisely. Enjoy btje bear market. Tour the bear Marlet.

Cryptmuster

legendary

Activity: 1904

Merit: 1176

Glory To Ukraine! Glory to the heroes!

Quote from: Casdinyard on December 02, 2022, 01:22:01 PM

There were signs of a false bull last few months ago which prolly made people think that the bear market is already over, of course seeing how things are going now, it is not the case, although it could be argued that the current stagnation and the prior dip in price was caused by serious allegations surrounding the cryptocurrency industry last month which may have prompted some new investors and some seasoned ones to pull their assets out for the meantime. Whatever the reason may be, the main thing we should all be aware and vigilant about is the Christmas and New Year seasons, when people are most expected to pull most of their assets to cover for their expenses with the ensuing festivities.

During the New Year holidays, people spend more money, but I am sure that this does not concern investors and this will not affect their investments in any way. I also do not remember that there were prerequisites for the end of the bear market, since the sequence of negative events followed one after another and this each time lowered the price lower and lower. Also, do not wait for everything to end and there will be growth, now you need to follow the news, because I think that they can continue to throw negative things for us.

inthelongrun

hero member

Activity: 1694

Merit: 592

The Martian Child

Although the bitcoin price is recovering from the effects of the FTX scam, I consider the whole market as bearish until the year of the halving. What we have seen right now is just a recovery from the big bad news that shocked the whole financial system with a huge indirect impact on bitcoin the leading cryptocurrency. I expect next year as better than this year but still, it will have its ups and downs. The danger that I am looking into is if the war in Ukraine doesn't stop and its allies will play an indirect war which will be focused on economies.

Gyfts

legendary

Activity: 2744

Merit: 1512

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.

Never ceases to amaze me how baseless the speculation can be. We're a few weeks away from the end of the year and the likelihood of an ATM is virtually zero.
Bitcoin's utility goes far beyond crypto day trading so it's to my dismay to see folks perhaps not see the bigger picture. The price today, tomorrow, or next year is not really the end game anyways. BTC reaches another ATM, and then what?

Anyway, given the recent FTX drama and poor economic indicators for the global economy, my expectation is for the current state of the market to last well into next year before we see even the slightest amount of relief. I'm not concerned, neither should you be. Bitcoiners are used to this. We've been through much worse.

Casdinyard

hero member

Activity: 2058

Merit: 882

Leading Crypto Sports Betting and Casino Platform

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?

There were signs of a false bull last few months ago which prolly made people think that the bear market is already over, of course seeing how things are going now, it is not the case, although it could be argued that the current stagnation and the prior dip in price was caused by serious allegations surrounding the cryptocurrency industry last month which may have prompted some new investors and some seasoned ones to pull their assets out for the meantime. Whatever the reason may be, the main thing we should all be aware and vigilant about is the Christmas and New Year seasons, when people are most expected to pull most of their assets to cover for their expenses with the ensuing festivities.

crunck

legendary

Activity: 1176

Merit: 1005

crunck

Quote from: sulendra12 on December 02, 2022, 02:24:56 AM

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

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

We are still at $16.5k - $17.k in past few weeks, bear market is not over yet for Bitcoin.

Many people says Christmas or New year doesn't really affect the price of Bitcoin but in my experience it does where people sell their assets for their big event things and the price is slightly change on that day whether it's pump or not, it's not that big change but for sure it can make lot of impact on that day. We might see the price move again this December.

Yes, it has always happened before, people will sell bitcoin to use on those big days, I believe bitcoin will fall further this month not a bull run as many expect. My prediction bitcoin can't break through 18k4 resistance before year end. But I hope when the Fed announces the bitcoin interest rate will increase slightly for everyone to take profit and then there will be dump days because of Christmas or New Year.

Yatsan

legendary

Activity: 2422

Merit: 1232

Leading Crypto Sports Betting & Casino Platform

Quote from: SOKO-DEKE on December 02, 2022, 03:29:17 AM

Nobody can say that bear market it getting to be over, the bear market always depend on situation in ground some situations like, inflation which normally effects the economy, thing war that happened recently between Russia and Ukraine, also problems of exchange broken down. So we are expecting bounce back in price of Bitcoin and some coins if this situation stop happening and more people are investing in it and time adopting.

Bear market will likely to be over if we are not out of this silly situation, especially the rules exchanges are playing nowadays hacking of exchanges likely what happens to FTX exchanges recently. These are the particular things that discourage the investors and stop peoples from adopting Bitcoin or crypto generally.

It will only be over once there is a "run" or simply, when bullish pattern is visible already. It would be easy to say once such thing occur; most of the cryptocurrencies are in green marks, one after another price ceiling is being broken. This is also the time entering would be a good idea to ride with the upward movement. But that is indeed right; we or no one knows when will this direction occur to the market prices. Recently, a pump was seen which made high hopes for the investors that the market could recover before this year end. But after just a day, the market is again down. This simply instance is the proof how volatile the market prices are. Accurate prediction is close to impossible.

SOKO-DEKE

hero member

Activity: 644

Merit: 544

Nobody can say that bear market it getting to be over, the bear market always depend on situation in ground some situations like, inflation which normally effects the economy, thing war that happened recently between Russia and Ukraine, also problems of exchange broken down. So we are expecting bounce back in price of Bitcoin and some coins if this situation stop happening and more people are investing in it and time adopting.

Bear market will likely to be over if we are not out of this silly situation, especially the rules exchanges are playing nowadays hacking of exchanges likely what happens to FTX exchanges recently. These are the particular things that discourage the investors and stop peoples from adopting Bitcoin or crypto generally.

sulendra12

hero member

Activity: 2814

Merit: 526

Undeads.com - P2E Runner Game

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

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

We are still at $16.5k - $17.k in past few weeks, bear market is not over yet for Bitcoin.

Many people says Christmas or New year doesn't really affect the price of Bitcoin but in my experience it does where people sell their assets for their big event things and the price is slightly change on that day whether it's pump or not, it's not that big change but for sure it can make lot of impact on that day. We might see the price move again this December.

Topic: Bear market likely over? - page 9. (Read 2969 times)