Topic: Christmas 🌲 Bear 🐻 Already Started Munching! - page 3. (Read 597 times)
OP, that should be merely another golden opportunity for everyone to buy the dip, and never to be feared! Zoom out! Where we are heading, there will be no bears. Although there's one Honey Badger.
Bear? not yet. The color indication on crypto market tabs looks encouraging to say the least that we're already in the bear market. But if you look to bitcoin's price now, it's @ $23,156 and that's no bear. 
The indication that the market is bleeding doesn't mean that we're already in the bear market. We're too far from seeing the bear and if it's there, we might see a nosedive that could lead bitcoin's price back to the lowest for this year which was around $4,900.
But needless to say, don't worry if you think that the everyone are actually taking their profits. It's Christmas and whales would have to cash out. This is a very strong sign that the market is becoming stronger and could show us another ATH by 2021.
The indication that the market is bleeding doesn't mean that we're already in the bear market. We're too far from seeing the bear and if it's there, we might see a nosedive that could lead bitcoin's price back to the lowest for this year which was around $4,900.
But needless to say, don't worry if you think that the everyone are actually taking their profits. It's Christmas and whales would have to cash out. This is a very strong sign that the market is becoming stronger and could show us another ATH by 2021.
Bitcoin dropped in price by only like $1000 and suddenly we're already seeing bear posts. Freakin LOL. As for all those altcoins though? Nah man, let them burn to the ground (especially that Ripple fidget spinner-coin. git rekt).
I am still not very sure if the Bearish market started, because we must remember that Bitcoin does not break the first wave of the bullish trend, also the million dollar wallets have not moved their percentage much, I am much more inclined despite the fact that the decline is the most natural market, due to global circumstances it is also understandable that some panic is generated by the new strain of Covid-19 that was discovered in the United Kingdom, but the path that Bitcoin is taking I do not see as now falling into a bearish trend .
It seems what happened last 2017 when Bitcoin topped around $19,000 is happening again this time. Peaked in the month of December is starting to decline again. But this time is different, no abrupt dumps or pumps compare before. I can say this time is more healthy price action.
The total market cap still not showing any bearish sign. Observing the total crypto market cap may also a good idea and way to identify the bull/bear market. So far, so good for me.
The total market cap still not showing any bearish sign. Observing the total crypto market cap may also a good idea and way to identify the bull/bear market. So far, so good for me.
What's happening now has absolutely no comparison to December 2017.
It's comparable to what happened in December 2016 and January 2017. The price rose through the autumn until it broke the previous ATH then corrected for a while before the really big rally almost a year later.
The bear market won't happen until late next year or early 2022.
It seems what happened last 2017 when Bitcoin topped around $19,000 is happening again this time. Peaked in the month of December is starting to decline again. But this time is different, no abrupt dumps or pumps compare before. I can say this time is more healthy price action.
The total market cap still not showing any bearish sign. Observing the total crypto market cap may also a good idea and way to identify the bull/bear market. So far, so good for me.
The total market cap still not showing any bearish sign. Observing the total crypto market cap may also a good idea and way to identify the bull/bear market. So far, so good for me.
All the signs of the Christmas 🌲 bear has been shown.
That very bear has already started clapping down on the market.
That very bear has already started clapping down on the market.
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