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Topic: Bye Bye Bear Market :) - page 4. (Read 1743 times)

sr. member
Activity: 994
Merit: 441
May 19, 2023, 12:14:24 PM
the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.
Although the Bitcoin market is currently down, Even then we have recovered from the bear market. But when the price of Bitcoin reached $15,000, we plunged into a full-blown bear market. Then when the Bitcoin market went from $15,000 to $31,000, we assumed the market was fully saturated. But yes, we will soon move on to the good after all. And very soon we will see a bull market. Those who have investments don't worry hold on to your investments we will be going to the moon very soon.
hero member
Activity: 1344
Merit: 540
May 19, 2023, 11:43:51 AM
What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.

And as others have said, when you expect bitcoin to move in one direction, suddenly it goes down the opposite. And that could be what is happening in the market right now, although there could be parameters that might affect the price. Like what you are saying, when we thought that the bear market is over as we move past $30k, and thinking it could go higher, the price suddenly drops to $26k-$27k, in short it's hard to predict the movement as there could be factors unforeseen that could affect us. So it's not guaranteed, unless we are in 2024 already and have experience the block halving. For now, we are still in the middle of the bear market.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
May 17, 2023, 10:26:15 PM
I will not agree that we are out of bearish market until we have to reach june 2023, because their is every tendency that Bitcoin can rise today and fall tomorrow as i started previously in another thread as i stated. But i believe that Bitcoin if the bond is strong i will not say we are out of the bearish market
couple of weeks to go mate before its june so maybe we will see or we can decide and tell if we are already out of bear market and the bull is truly coming.
I want to wave Bye to Bear market as well because there is no best and relieving feeling seeing it go , but the problem here is that Bull cannot be seen any closer because the price is still stagnant to the price below 30k and still has a potential to drop below strong position of 26k .
What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.
you must not rely on your feeling instead best to believe in your understanding about the market , we are not here to believe in Miracle but instead we must learn how to trust the currency you are holding .
hero member
Activity: 1512
Merit: 874
May 17, 2023, 01:07:28 PM
What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.
Dude, the bear market is over and you just have to admit it. Bitcoin has recovered better after briefly dipping to $15k during 2022, so with the price recovery breaking past $31k the bear market is truly over. Such an assumption is true even though currently the price of bitcoin has again experienced a correction to a new support level.

Of course, no one can be 100% sure, but as bitcoin has recovered and found higher resistance, the bear market has automatically ended. We are still at the $26k support at the moment. It seems to be going strong even in the last few days bitcoin has tested the $25k support. I believe traders' panic will lessen and the recovery process will continue to reach new resistance.
hero member
Activity: 1498
Merit: 785
May 17, 2023, 12:12:07 PM
the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.
I think it's time for us to forget cases like LUNA and FTX if we still want to focus on buying the best coins like Bitcoin at the current price. Because if you still believe in what is called bullrun, of course you don't need to hesitate to buy and hold it for a long time. At least until the market is really in a bullrun condition, but what makes me still wondering here is why you are still thinking about the LUNA case and linking it to the current market conditions.
The Luna and FTX cases have been passed even bitcoin was able to reach $30K more but this is not related to the news only when it is a bear market so people often say that the case affects bitcoin but for me it is completely not like that there are other factors that determine where the price can move negatively or positively.

I don't even think the bullrun will come if the halving hasn't happened yet, but I'm not against the speculation of other people who say the bullrun will come this year because it's very reasonable because the price is still difficult to guess and only with speculators we hope it will happen.

After the halving, I would say the bullrun will come to become a real rally, but this process takes another year, so for the current year it is likely that the price will just recover but will not turn into a bullrun.
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
May 17, 2023, 06:11:34 AM
What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.
full member
Activity: 658
Merit: 189
May 17, 2023, 05:31:41 AM
the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.
I think it's time for us to forget cases like LUNA and FTX if we still want to focus on buying the best coins like Bitcoin at the current price. Because if you still believe in what is called bullrun, of course you don't need to hesitate to buy and hold it for a long time. At least until the market is really in a bullrun condition, but what makes me still wondering here is why you are still thinking about the LUNA case and linking it to the current market conditions.
full member
Activity: 2548
Merit: 217
May 17, 2023, 12:11:29 AM
the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.
Lol we are not in bear market instead we are in a normal market with almost stable prices for weeks now the price of Bitcoin stays almost significantly daily.
so not because we are down from 30k meaning we are still bearishness .
but you are correct that we must continue buying , but LUNA? maybe best for FTX but luna? I'm afraid that there is a big future for this .
I agree that bear market is over because because bitcoin is still above 20k$ that is still a high price than 10k$ so for me bitcoin is in bulk market but there is always a correction on the price that is why we can still saw it falling down this time from 30k$ to 26k$ buying is good this time before its too late.
many here complains about bitcoin losing value from the recent ATH that valued 68k but they did not anticipate the price increase now from 16k last year.
there are  lots of things to be thankful than complaining .

full member
Activity: 1162
Merit: 106
May 16, 2023, 10:56:40 PM
the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
May 15, 2023, 02:16:57 PM
It is evident that something is happening, but regardless of the data, I am of the opinion that the bear market cannot be completely written off. I think it's just a recovery that is still on shaky legs, until we get back to pre-crash levels caused by that South Korean scammer. This would mean that the price should reach at least $30k, and somehow it doesn't seem to me that this can happen soon.

This is true that bear market cannot be completely written off and I think whenever the market downs so it never seems to be the start of bear market because it can be a temporary action other thing is that now again the bitcoin is somewhat down so we cannot say that it will never come back to its position again that is nice for its holders.

The price of bitcoin has reached to 30k so it does not indicate that Bull season is on the way because it persists for some days and again goes to lower position than 30k$.  Therefore assumption about the market situation is easy but not always true so be careful about the present cost and make decision according to it.
sr. member
Activity: 924
Merit: 365
May 13, 2023, 02:44:00 PM
Looking at the big picture, bitcoin is in bull phase as it is making higher highs. A small or big pump or dump in Bitcoin prices should not lead us to think that bitcoin has entered in bear phase or in a bull phase.

If we see the price action at weekly time frame, the situation will be very clear and we will not panic or fomo. Mark the key levels and you will never fomo or fear by looking at the charts.
The price of bitcoin is now in a perplexing phase. Nobody can predict whether or not there will be a significant drop in the price of bitcoin. In any case, the price of bitcoin is still in a correctional phase. No need to worry.
For the past week, the price of bitcoin has been circling about $26k–$28k +. I want to see it drop to the previous $30k pricing.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
May 11, 2023, 06:59:06 PM
Nobody can't tell the price was taking bullish steps-by-steps before, even now too the price is not bad to call it bear, Many speculate markets have over compensated and will sell off again but nothing that severe is apparent just yet.  Ideally we want the inverse DXY to top out and restart a decline.  BTC maybe closing $25k and continuing to confirm above would be ideal. In my opinion, this volatility will continue and the price will not hit $30K until or it's might hit $30k before next month. The market is unpredictable and the sudden events always occurs.

Yes, not sure though how we can define severe, maybe it we go or hit another bottom. But in any case, market is still very strong at $27k and even if it hits $25k I think we will be ok unless there is another negative news to pull the price even further.

Although if we look at technical analysis, from what I read the bears might take over the market. But we will see, we know how volatile the market is, and it's very unpredictable as there are factors that we can't simply measure, like what we are seeing, fees are going up and everyone is complaining. And I think it's one reason why we see some sell-off, I reckon.

Looking at the big picture, bitcoin is in bull phase as it is making higher highs. A small or big pump or dump in Bitcoin prices should not lead us to think that bitcoin has entered in bear phase or in a bull phase.

If we see the price action at weekly time frame, the situation will be very clear and we will not panic or fomo. Mark the key levels and you will never fomo or fear by looking at the charts.
STT
legendary
Activity: 4088
Merit: 1452
May 11, 2023, 04:34:29 PM
Another decline today brings us closer to precipice, we will we tip into negative or are we just exploring the full range of prices observed for months now.   Quite notable on the lower boundaries of this 'upper range' area is the  200 week average which is an extremely long term measure for BTC and always it is rising but we have fallen below that measure for quite some time due to the extreme decline of 2022.   This would be the marker for me negative or positive, if we dont maintain this average roughly as guidance of BTC progress long term then its time to recognize larger challenges then previously thought in this year and maybe next.
hero member
Activity: 2842
Merit: 772
May 11, 2023, 04:29:32 PM
Nobody can't tell the price was taking bullish steps-by-steps before, even now too the price is not bad to call it bear, Many speculate markets have over compensated and will sell off again but nothing that severe is apparent just yet.  Ideally we want the inverse DXY to top out and restart a decline.  BTC maybe closing $25k and continuing to confirm above would be ideal. In my opinion, this volatility will continue and the price will not hit $30K until or it's might hit $30k before next month. The market is unpredictable and the sudden events always occurs.

Yes, not sure though how we can define severe, maybe it we go or hit another bottom. But in any case, market is still very strong at $27k and even if it hits $25k I think we will be ok unless there is another negative news to pull the price even further.

Although if we look at technical analysis, from what I read the bears might take over the market. But we will see, we know how volatile the market is, and it's very unpredictable as there are factors that we can't simply measure, like what we are seeing, fees are going up and everyone is complaining. And I think it's one reason why we see some sell-off, I reckon.
legendary
Activity: 1022
Merit: 1341
May 11, 2023, 04:18:48 PM
Nobody can't tell the price was taking bullish steps-by-steps before, even now too the price is not bad to call it bear, Many speculate markets have over compensated and will sell off again but nothing that severe is apparent just yet.  Ideally we want the inverse DXY to top out and restart a decline.  BTC maybe closing $25k and continuing to confirm above would be ideal. In my opinion, this volatility will continue and the price will not hit $30K until or it's might hit $30k before next month. The market is unpredictable and the sudden events always occurs.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
May 11, 2023, 02:46:10 PM
I agree that bear market is over because because bitcoin is still above 20k$ that is still a high price than 10k$ so for me bitcoin is in bulk market but there is always a correction on the price that is why we can still saw it falling down this time from 30k$ to 26k$ buying is good this time before its too late.
full member
Activity: 602
Merit: 144
Chainjoes.com
May 11, 2023, 02:29:15 PM
It is evident that something is happening, but regardless of the data, I am of the opinion that the bear market cannot be completely written off. I think it's just a recovery that is still on shaky legs, until we get back to pre-crash levels caused by that South Korean scammer. This would mean that the price should reach at least $30k, and somehow it doesn't seem to me that this can happen soon.
I am absolutely agree with you, i also Couldn't think bear market end. Bull market started but bear will come anytime i think. At Any moment bear could be come. Right now market huge Down. I think we have to wait more time for real bull market. I think when bitcoin price will stable avabe $30k then bull market will start gradually i think. Some times up and some times down is not counted as bull or bear market i think.
hero member
Activity: 2632
Merit: 833
May 10, 2023, 11:07:08 PM
Its not a bear market right now, we havent pulled nearly half enough to negate the gains since year start.   You will get thrown from the horse if you let every bump in the road upset you like this, tough luck this is how BTC is and it will decline in this way or even greater even during a period of good gains.   
Today is volatile movement but its not failed yet to keep the 27k area so yet again its remained within range of the same prices seen for last couple of months.   We just doing loops, cant be labelled negative while in summary we go sideways.

We are still above $27k and so the correction might have slow down a bit and then we will resort to going sideways, that's what the pattern has been. Until such time that we will have a break out run. And if that happens we go do to $28k-$29k.

So far nothing to worry, the support has been holding and we still have that $25k if we fail the price at this levels. For sure we have an idea on what just happen, in the last week or so, bitcoin transactions are so expensive and it might have turn off some investors.
STT
legendary
Activity: 4088
Merit: 1452
May 10, 2023, 07:02:44 PM
Its not a bear market right now, we havent pulled nearly half enough to negate the gains since year start.   You will get thrown from the horse if you let every bump in the road upset you like this, tough luck this is how BTC is and it will decline in this way or even greater even during a period of good gains.   
Today is volatile movement but its not failed yet to keep the 27k area so yet again its remained within range of the same prices seen for last couple of months.   We just doing loops, cant be labelled negative while in summary we go sideways.
full member
Activity: 868
Merit: 116
May 10, 2023, 04:54:10 PM
January, of course, everyone agrees that the bull run will happen soon and we will leave the bear market soon, unfortunately since the beginning of February the price has continued to decline and makes us have to be patient, in my opinion the best thing to profit in cryptocurrencies even in a bear market is to always be patient to hold, don't be easy panic to sell because it will make us regret it.
Exactly, selling during this period is unpreferable and risky to be honest and it is unexpected to see a bear run in next weeks. In my opinion, this volatility will continue and the price will not hit $30K until next month. If you have an acceptable amount of stable coin, it would be definitely fruitful to purchase Bitcoin within this month. At the same time, you must have a Plan B and maybe C to avoid the risk of loss for the reason that this market is unpredictable and the sudden events always occurs. Hopefully, the whole market will pump significantly in next few months despite it is not that easy to be achieved. Everything is dependent to whale’s plans and decisions, they are literally capable to pump and dump the market wherever they want to.
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