Topic: Christmas 🌲 Bear 🐻 Already Started Munching! (Read 597 times)
OP posted this thread the day before Bitcoin went up by $4000 in just over 24 hours haha. Didn't age well
I can only understand OP because his nickname is @Lmaooo so he is joking. Or maybe he opened the post in advance to today, which is fool's day in certain countries. Anyway, as it has been pointed out, it is quite laughable to talk about a bear market just because a very small short-term correction.
Sorry bears. Better luck next time.
Don't bears hibernate in the winter? So if this is a Northern hemisphere bear it would explain everything.
I don't think the bear market in the crypto space has started yet. In my opinion, the recent decline is normal. The decline in bitcoin price in each market is not that far away, so there is still a chance to continue rising to reach $ 30K in 2021 2020.
ftfy
imo There's a very good chance of reaching $300k in 2021.
All the signs of the Christmas 🌲 bear has been shown.
That very bear has already started clapping down on the market.
Lol just after you posted this Market Boomed and Bitcoin specially as the ATH Hit again today .That very bear has already started clapping down on the market.
Sometimes just a Few hours away before the Volatility shows ,and brings the market Value that we don't really expect.
I don't think the bear market in the crypto space has started yet. In my opinion, the recent decline is normal. The decline in bitcoin price in each market is not that far away, so there is still a chance to continue rising to reach $ 30K in 2021.
Bear today? lol almost making 25,000$ few hours ago this wont be a Bear.And Bear seems no to come this year ,Let's see next year if he can bring the market down.
I don't think the bear market in the crypto space has started yet. In my opinion, the recent decline is normal. The decline in bitcoin price in each market is not that far away, so there is still a chance to continue rising to reach $ 30K in 2021.
Not yet bear for bitcoin. Bulls are still strong and that was just a very small correction lol. We are just into 23k something and not yet below 20k so we are expecting some small consolidations before the 3rd pump wave.
But yeah, while btc dominance are high, most of the altcoins are suffering from bloody markets resulting them to be in bear mode. Especially xrp, which I doubt it is good to buy it for now because of that issue it's suffering right now.
But yeah, while btc dominance are high, most of the altcoins are suffering from bloody markets resulting them to be in bear mode. Especially xrp, which I doubt it is good to buy it for now because of that issue it's suffering right now.
Many believes people are cashing out their Bitcoin to spend it for the holidays, and its possible sine this happen all the time and if we are still on a strong bull run then we should go back easily right after the holidays. In the past red days the market is facing some bad news, specifically with XRP but I know all time high is yet to come, $25k can still be achieve next year.
Many believe what they believe. I see people getting rid of worthless altcoins to get more BTC.
It really looks like some of that dumped XRP went towards the strongest coin on the market and gave it a nice boost. 25000 is going to show as our new ATH any minute now.
Merry Xmas. Happy ATH.
Marry Bullmas and a Happy Dead Bear
End of the years are not really the best time to start investing, it is usually a bit too late to invest if you ask me. Normally if you want to invest into something, do it a bit after the year ends and new one starts. Consider investing in February for example? That would usually be a better situation for you.
There is no guarantee when it will go up or down because it is totally random but "usually" before the year ends people get their bonuses and payments and salaries so they all go into bitcoin, which leaves bitcoin at a higher price, but the same amount of buying doesn't happen again and again constantly without a stop, so it changes the price. Of course this might be counter balanced by some rich companies buying too, we don't know what is going to happen, but we know that we are a high price right now, that much is clear, waiting a bit more wouldn't really hurt.
There is no guarantee when it will go up or down because it is totally random but "usually" before the year ends people get their bonuses and payments and salaries so they all go into bitcoin, which leaves bitcoin at a higher price, but the same amount of buying doesn't happen again and again constantly without a stop, so it changes the price. Of course this might be counter balanced by some rich companies buying too, we don't know what is going to happen, but we know that we are a high price right now, that much is clear, waiting a bit more wouldn't really hurt.
Ahh yes. That old Christmas bear...
Merry Xmas. Happy ATH.
Merry Xmas. Happy ATH.
Many believes people are cashing out their Bitcoin to spend it for the holidays, and its possible sine this happen all the time and if we are still on a strong bull run then we should go back easily right after the holidays. In the past red days the market is facing some bad news, specifically with XRP but I know all time high is yet to come, $25k can still be achieve next year.
This is a common thing, when there is a holiday
yeah it is common for holidays to see a bear because there will be snow and bears eat snow . hehe joke celebration, people will sell to get fiat,
but seriously now , i think it wasnt really common to see a bear market happening in holidays because i think that last past holidays , like holidays on the year 2017 there is no bear that we experience but it was only a bull . no need for people to sell to get fiat because if they have a job they can get paid by a fiat but the year now can be different because we are still in crisis or financial crisis to most families . maybe that also leads for people to not have a fiat but only has a btc to sell for fiats .
This is a common thing, when there is a holiday celebration, people will sell to get fiat, but no need to worry that the current market is so strong for bitcoin.
make this a discount price to buy again because we may not be able to see bitcoin prices around $ 23k in the next year.
make this a discount price to buy again because we may not be able to see bitcoin prices around $ 23k in the next year.
What happened yesterday was basically the SEC said that xrp is a security and sued ripple. So there was a huge dump, it was at -50% at one point. And since most tokens are most likely securities they started also dumping.
It was brutal for most coins except BTC. Many people especially people who bought alts on leverage or margin most likely got cleaned out. Today things have calmed down and many alts are back to the same levels.
It was brutal for most coins except BTC. Many people especially people who bought alts on leverage or margin most likely got cleaned out. Today things have calmed down and many alts are back to the same levels.
I smell grilled bears...
Bears. It's what's for dinner.
LOL, I really don't know why people are comparing 2020 to 2017, there are not the same, this is just 2016 wherein we have a rally drop significantly. But entering the first quarter of 2017, the price rose to 4 digits to $2000 because of the news about the Winklevoss ETF around March, the price nosedive with the rejection.
I think a lot of people are just referencing 2017 as another way to say "bubble."
But yeah, it's definitely best to view the potential upside in terms of extensions above the previous ATH. In 2017, we saw a 16x extension above the 2013 ATH. In 2013, we saw a 35x extension above the 2011 ATH.
The year it happens doesn't matter......
At the moment the market changes doesn't look like the trend pattern of 2017. Right now the market has once again bounced back, the bear trend has got transition. Altcoins seems to face the bear trend, that too with XRP it is a massive decline in the market from the recent bull market. For users who profited out of the XRP it is time for a buyback.
LOL, I really don't know why people are comparing 2020 to 2017, there are not the same, this is just 2016 wherein we have a rally drop significantly. But entering the first quarter of 2017, the price rose to 4 digits to $2000 because of the news about the Winklevoss ETF around March, the price nosedive with the rejection.
So we are still far from the bubble we have seen in 2017. This is just the start of something big in 2021. As the price can rose massively to $30,000-$40,000.
So we are still far from the bubble we have seen in 2017. This is just the start of something big in 2021. As the price can rose massively to $30,000-$40,000.
Total market cap would be a macro trend probably identifiable against Dollar index rising, we only have a hint of that and really no excuse to presume USD especially reverses the recent trend into this year end.
Price at the moment is quite indifferent, we are caught between the fast 2 day and slightly more considered weekly average which are blue yellow lines on this chart. Just before close of the daily bar its broken back upwards again so is hardly negative on any time frame.
23777 is about the same high it achieved a week ago so has held better then many times previous
Price at the moment is quite indifferent, we are caught between the fast 2 day and slightly more considered weekly average which are blue yellow lines on this chart. Just before close of the daily bar its broken back upwards again so is hardly negative on any time frame.
23777 is about the same high it achieved a week ago so has held better then many times previous
I smell grilled bears...
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