Bye Bye Bear Market :) - page 7. | Bitcointalksearch.org

NicNacCoin

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Quote from: Kemarit on February 04, 2023, 07:57:24 PM

Maybe the trend has broken up, or perhaps in this 1st quarter we will have green followed by a couple of quarters of retracement and corrections. Nevertheless, it's good to see the price picking up at the start of the year.

I was very pleased to see the price increase at the beginning of the year after the dumping market ended. It seemed that the Bitcoin market would soon go higher and those of us who had invested in the higher market would recover our investments. But lately the market is going down again. In this our invested portfolio started to decline again.

Quote from: Kemarit on February 04, 2023, 07:57:24 PM

And maybe we can see goodbye bear market, or at least we are not going to see lower lows again before the bull run.

We are back at the Bear Market. I can tell we are not in a bull market by the way the market has been going down lately. Maybe we are sinking into a bear market again.

Quote from: Kemarit on February 04, 2023, 07:57:24 PM

So let's wait for the last quarter pre halving run it could happen again or not. But what's important is that we keep on building our portfolio and accumulating Bitcoin for the long run.

Yes, we must wait until our investment recovers. If you have to wait for a long time for this, you will have to do so. But we hope to recover very soon.

ImThour

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Quote from: ImThour on February 13, 2023, 06:46:07 AM

Bitcoin has retested it's weekly support, which was a resistance throughout the 2022.
If you still have not bought some BTC for long term, you can start your DCA journey.

Lubang Bawah

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The size of the bear market is of course different, I think if we compare it with the price at the end of 2021 of course it's still a bear market now, we don't say a bear market if the price is close to the last ATH, but I'm optimistic that bitcoin will continue to shine and this year hopefully it can make an new ATH gain.

dunfida

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Quote from: Dickiy on February 06, 2023, 08:08:51 AM

Quote from: GeorgeJohn on February 06, 2023, 05:11:50 AM

Quote from: _BlackStar on February 05, 2023, 01:04:51 PM

I don't know how bad the reality is to counter analysis, but I'm sure this bear market hasn't been completely removed.

At this point people will pleasantly believe that we are out of bearish market, And those set of people does make use of chart to examine the gravity of Bitcoin ratio of increment. I will not support the motion that we are out of bearish market, because i know too well that the market of cryptocurrency is unpredictable. So many people will conclude that we are out of the bearish market due to the little increment we experience early January, but it's obvious that Bitcoin regulations in price can occur negatively now and within some minutes it reverse to be positive.

People will become gods when the market becomes bullish and they speak as if the world belongs to them, they speak pearls of wisdom from their mouths to sway one another, whether this is bearish or bullish cannot be determined with such assumptions. But I think I agree with you because the recent price volatility is quite strange and quite extreme in my opinion, it seems that we haven't really been able to stay away from the bear phase in Q1 even though there has been a slight increase in bitcoin and altcoins.

All of the positivity and all of the confidence would really be seen for most people and telling that this is the start of the bull run on for some all time highs without even trying out to be realistic that this isnt how this market behaves or works.
Well its not surprising to have these kind of impulsive approach and reactions on the time that we are seeing greens but exaggerating it too much is never been that appealing nor good.
It would really be creating that expectation and anticipation that it would surely happen and on the time that it did failed your expectation then you are really that ending up on getting annoyed or
disappointed.Therefore, further discouragement and stress would be there so its not really that ideal to have this kind of mindset.

Dickiy

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Quote from: GeorgeJohn on February 06, 2023, 05:11:50 AM

Quote from: _BlackStar on February 05, 2023, 01:04:51 PM

I don't know how bad the reality is to counter analysis, but I'm sure this bear market hasn't been completely removed.

At this point people will pleasantly believe that we are out of bearish market, And those set of people does make use of chart to examine the gravity of Bitcoin ratio of increment. I will not support the motion that we are out of bearish market, because i know too well that the market of cryptocurrency is unpredictable. So many people will conclude that we are out of the bearish market due to the little increment we experience early January, but it's obvious that Bitcoin regulations in price can occur negatively now and within some minutes it reverse to be positive.

People will become gods when the market becomes bullish and they speak as if the world belongs to them, they speak pearls of wisdom from their mouths to sway one another, whether this is bearish or bullish cannot be determined with such assumptions. But I think I agree with you because the recent price volatility is quite strange and quite extreme in my opinion, it seems that we haven't really been able to stay away from the bear phase in Q1 even though there has been a slight increase in bitcoin and altcoins.

GeorgeJohn

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Quote from: _BlackStar on February 05, 2023, 01:04:51 PM

I don't know how bad the reality is to counter analysis, but I'm sure this bear market hasn't been completely removed.

At this point people will pleasantly believe that we are out of bearish market, And those set of people does make use of chart to examine the gravity of Bitcoin ratio of increment. I will not support the motion that we are out of bearish market, because i know too well that the market of cryptocurrency is unpredictable. So many people will conclude that we are out of the bearish market due to the little increment we experience early January, but it's obvious that Bitcoin regulations in price can occur negatively now and within some minutes it reverse to be positive.

bbc.reporter

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Quote from: karabiber on February 02, 2023, 02:32:03 PM

According to Fear & Greed Index the purchasing part outweighs. This index has always shown me the truth if the index is at these levels i will continue to buy and after 80% i will start selling in parts. There is also an increase in the number of hodls.

I think it's too early to say the bear market is over. There is some movement in altcoins but first Bitcoin needs to rise enough. I think that after going from 16k to 40k altcoins will reach the desired values and then I can say bye to the bear market.

Fear and greed index has always been a bad guideline for when we should buy or sell. Similar to RSI if it says it is in greed, this implies that bitcoin is overbought and if it tells us that the index is in fear, bitcoin is really oversold. Look at the date when you shared the index and also look at when bitcoin began dumping. It is on the same date hehe.

_BlackStar

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I don't know how bad the reality is to counter analysis, but I'm sure this bear market hasn't been completely removed. Even though the price has now risen 36% in the last 30 days, there is still every possibility of it going lower. It might be good to expect $22K to be held as strong support for months from now, but it's still good to think about DCA as long as we're still at -66% since its last ATH.

It's still hard to break through $25K even though we've seen bitcoin actually cross $24K, but there's good hope of waiting for this $25K during February.

monineklutak

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Quote from: Mpamaegbu on February 05, 2023, 01:22:54 AM

Quote from: Kemarit on February 04, 2023, 07:57:24 PM

Quote from: Mpamaegbu on February 04, 2023, 01:24:06 PM

~snipped~

But what's important is that we keep on building our portfolio and accumulating Bitcoin for the long run.

That's the absolute! There's this saying that the bears make money, the bulls make money; only the hogs get slaughtered. Professional traders don't really get bothered about the market once there's volatility. Whether price goes up or slides down, it's not a bother to them. Traders who've the set skills know when to make entries or exit the market.

indeed for professional traders, bear or bull has become a necessity to seek profit,
but that is different from some other traders or most investors, I myself also feel the bitterness of this bear market,
in this bear market to be honest, it is very difficult for me to make a profit , even my portfolio was completely destroyed.
this is why we have to say good bye to the bear market.

ethereumhunter

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Quote from: kawetsriyanto on February 02, 2023, 04:27:42 PM

Quote from: karabiber on February 02, 2023, 02:32:03 PM

I think it's too early to say the bear market is over. There is some movement in altcoins but first Bitcoin needs to rise enough. I think that after going from 16k to 40k altcoins will reach the desired values and then I can say bye to the bear market.

Bitcoin has been rising well enough lately, even today BTC successfully passed $24k. If you think BTC should rise enough, IMO it already rises enough. Or what price to be achieved, to call "rise enough"? Does BTC reach $40k to conclude that BTC has risen enough? I don't think so, mate. However, I agree that it is too early claiming the bearish ended already. We are still far from $68k/$69k (ATH), while the current price is still around $23k. It is obvious that we aren't in the bullrun season yet.

Even though bitcoin has managed to pass $ 24k, the correction finally came again and made bitcoin at $ 23k until now. But it's only temporary and we will see the next rally, although we don't know if it will be a long rally which will make the price increase immediately or if it will just be a slow rally which will make the price increase little by little. The bull run season is yet to come and the market is still in a bearish season even though the prices have managed to move up a bit. But don't worry, the bearish season will surely pass and be replaced by a bullish season.

Mpamaegbu

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Quote from: Kemarit on February 04, 2023, 07:57:24 PM

Quote from: Mpamaegbu on February 04, 2023, 01:24:06 PM

~snipped~

But what's important is that we keep on building our portfolio and accumulating Bitcoin for the long run.

That's the absolute! There's this saying that the bears make money, the bulls make money; only the hogs get slaughtered. Professional traders don't really get bothered about the market once there's volatility. Whether price goes up or slides down, it's not a bother to them. Traders who've the set skills know when to make entries or exit the market.

Kemarit

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Quote from: Mpamaegbu on February 04, 2023, 01:24:06 PM

Quote from: NeuroticFish on February 02, 2023, 04:05:39 AM

Quote from: Mpamaegbu on January 31, 2023, 11:13:26 AM

What I see now is that the party seems to have started too early and that's a bull trap if you asked me.

I've seen this theory more than once. Also I was not convinced we're out of bear market yet.
However, we've already had some attempts for correction/bring the price back down, rather weak and rather short lived. The upwards trend seems to be pretty powerful and I start to believe that OP was indeed right.

Honestly, if this momentum that we have seen these past few days were in the last quarters of this year I would've concluded that the bull was upon us. This is because I know that every last quarters of pre-halving year is often green for Bitcoin. It's the same with the halving and post halving years. This one starting this early still casts a shadow. The downward retracement may not be strong but I still believe up isn't yet the way to go at the moment.

Maybe the trend has broken up, or perhaps in this 1st quarter we will have green followed by a couple of quarters of retracement and corrections. Nevertheless, it's good to see the price picking up at the start of the year.

And maybe we can see goodbye bear market, or at least we are not going to see lower lows again before the bull run.

So let's wait for the last quarter pre halving run it could happen again or not. But what's important is that we keep on building our portfolio and accumulating Bitcoin for the long run.

Mpamaegbu

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Quote from: NeuroticFish on February 02, 2023, 04:05:39 AM

Quote from: Mpamaegbu on January 31, 2023, 11:13:26 AM

What I see now is that the party seems to have started too early and that's a bull trap if you asked me.

I've seen this theory more than once. Also I was not convinced we're out of bear market yet.
However, we've already had some attempts for correction/bring the price back down, rather weak and rather short lived. The upwards trend seems to be pretty powerful and I start to believe that OP was indeed right.

Honestly, if this momentum that we have seen these past few days were in the last quarters of this year I would've concluded that the bull was upon us. This is because I know that every last quarters of pre-halving year is often green for Bitcoin. It's the same with the halving and post halving years. This one starting this early still casts a shadow. The downward retracement may not be strong but I still believe up isn't yet the way to go at the moment.

kawetsriyanto

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Quote from: karabiber on February 02, 2023, 02:32:03 PM

I think it's too early to say the bear market is over. There is some movement in altcoins but first Bitcoin needs to rise enough. I think that after going from 16k to 40k altcoins will reach the desired values and then I can say bye to the bear market.

Bitcoin has been rising well enough lately, even today BTC successfully passed $24k. If you think BTC should rise enough, IMO it already rises enough. Or what price to be achieved, to call "rise enough"? Does BTC reach $40k to conclude that BTC has risen enough? I don't think so, mate. However, I agree that it is too early claiming the bearish ended already. We are still far from $68k/$69k (ATH), while the current price is still around $23k. It is obvious that we aren't in the bullrun season yet.

eaLiTy

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Quote from: Wong Gendheng on February 02, 2023, 08:42:12 AM

The bear market that occurred throughout 2022 made many frustrated and panic so that it sells with losses, now slowly the market starts rising and if we count an increase of more than 40%, this makes us have to be sure and no more panic for long -term holders, And I plan to hold Hold at least up to a year or more.

If anyone thinks that they will panic sell their assets in an highly volatile market, then it is better not to enter as they wont be making any profit in the cryptocurrency space Cheesy

. You cannot expect 40% increase in this market situation, you need to be patient enough to hold for the long term atleast till the next halving for you to see any major rally in the price.

karabiber

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According to Fear & Greed Index the purchasing part outweighs. This index has always shown me the truth if the index is at these levels i will continue to buy and after 80% i will start selling in parts. There is also an increase in the number of hodls.

I think it's too early to say the bear market is over. There is some movement in altcoins but first Bitcoin needs to rise enough. I think that after going from 16k to 40k altcoins will reach the desired values and then I can say bye to the bear market.

michellee

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Quote from: Wong Gendheng on February 02, 2023, 08:42:12 AM

The bear market that occurred throughout 2022 made many frustrated and panic so that it sells with losses, now slowly the market starts rising and if we count an increase of more than 40%, this makes us have to be sure and no more panic for long -term holders, And I plan to hold Hold at least up to a year or more.

I hope you don't get frustrated and panic and sell your bitcoins Grin

.

But it's true that that's what happened to many people because they weren't ready to see the decline happening to bitcoin. And those who can hold their bitcoins and not panic can now start smiling because slowly, their bitcoins have started to show what percentage of their profit level. And some people want to buy more bitcoins while the price is still not high.

Wong Gendheng

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The bear market that occurred throughout 2022 made many frustrated and panic so that it sells with losses, now slowly the market starts rising and if we count an increase of more than 40%, this makes us have to be sure and no more panic for long -term holders, And I plan to hold Hold at least up to a year or more.

AverageGlabella

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Quote from: NeuroticFish on February 02, 2023, 04:05:39 AM

Quote from: Mpamaegbu on January 31, 2023, 11:13:26 AM

What I see now is that the party seems to have started too early and that's a bull trap if you asked me.

I've seen this theory more than once. Also I was not convinced we're out of bear market yet.
However, we've already had some attempts for correction/bring the price back down, rather weak and rather short lived. The upwards trend seems to be pretty powerful and I start to believe that OP was indeed right.

I think we are out of the bear market but the bears can always come back and take over but currently I would say we are seeing a correction from the bear market back up to a more normal level. I do not think it will reach the ath but I do think a correction of around $25000 is going to happen. We have broken the resistance and we will probably settle around the $25000 price for the next couple of months. Bears will only take over again and push it down if there is further bad news this year.

NeuroticFish

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Quote from: Kemarit on February 02, 2023, 07:15:38 AM

Yes, if there is something that we learn from history, is that we are still in the bear cycle even if we see this price increasing right now. I also think that this upward trend is for real, not a bear trap or something. Best case scenario is to top $30,000, and that will mean x2 of the lowest low.

And earlier I saw the price going above $24,000 and then we have some minor corrections to $23,800. Nevertheless this is just the first attempt, so I wouldn't be surprised to see second and third attempt before we surpassed $24,000 and then maintained it and go for the next big barrier of $25,000.

Yep, that's correct. The fact that I start to agree with OP doesn't means that "tomorrow" we'll touch again the last ATH, nor that there won't be corrections, no.
The only news is that going under 15500 is becoming unlikely from now on.

Topic: Bye Bye Bear Market :) - page 7. (Read 1805 times)