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Topic: Is bitcoin bear market over? (Read 1542 times)

member
Activity: 686
Merit: 21
September 19, 2022, 05:25:41 PM
Bitcoin bear market is not over yet and we may seen another big dip of 39% very soon. Bitcoin sudden dump was not good and it's makes fear in BTC buyer again. Many analysis show that very soon Bitcoin can go back to 12k very soon . We have to wait for some months for bear market over
Beer market cannot end anytime soon because there is no news of new investors coming in into Bitcoin right now bitcoin is falling because there is no sign that more people want to go into it all company want to buy more BTC for a long time investment what is causing the increment of Bitcoin is the influence of investors who is ready to buy more to make the price of Bitcoin to increase to other people but since we have not seen any sign saying that Bitcoin will increase anytime soon I think is a personal prediction.
sr. member
Activity: 2254
Merit: 439
Cashback 15%
September 19, 2022, 01:38:14 PM
2 days ago I was surprised because the price of Bitcoin drops more than 12%, this is a signal that the market is still fluctuating and still red, the standard for saying recovered is certainly varied, for me Bitcoin recovers if the assets I have bought and according to the calculation at least the price of Bitcoin $ 42K.
I think that now, a few days after your last surprise, you are even more surprised because today bitcoin was down to 18k. At this rate, bitcoin could break a new bottom very soon because this is not the first time it has tested the support line. If bitcoin falls below the last bottom, crypto winter will be here for a long time to come. Especially since there is no more big news, like ETH to POS, and it is unclear what to attract people to crypto.
sr. member
Activity: 1484
Merit: 254
September 15, 2022, 06:24:27 AM
2 days ago I was surprised because the price of Bitcoin drops more than 12%, this is a signal that the market is still fluctuating and still red, the standard for saying recovered is certainly varied, for me Bitcoin recovers if the assets I have bought and according to the calculation at least the price of Bitcoin $ 42K.
full member
Activity: 1066
Merit: 188
Sugars.zone | DatingFi - Earn for Posting
October 04, 2022, 07:26:36 AM
I think September this year will be the end of the bear market. In the last few days, bitcoin started surging 14%, from $19k to over $22k. Therefore, it seems that the bear market may have ended. However, with the current price movement, it's hard to tell if the current bull run is the start of a bull market or just hype. Let's see how far the bitcoin price will go until the end of the year.
In most of the years September have served to be different letting the market to experience a take-off. This time too the same can happen. The price have reached $22k+ and there is no big movement with the altcoins. We can't be conclusive, but there's is more buying happening at the moment. This can serve as a boost to the market that is expected to decline over the weeks.
You are right. indeed the market experienced a weakness in September which was an unfavorable month for the crypto market. The market's bearish trend in September has been common for the past four years. Therefore, it seems that the market movement will continue to slow down until the end of this month and the bitcoin price will continue to decline.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
September 27, 2022, 12:10:06 AM
The market is still red and it seems that in 2022 the bearish trend continues, even many experts believe that Bitcoin will fall under $ 15K, for those who have capital, of course, the price will fall, of course we do not panic if the market drops again.
I am also agreeing with you at this point that we are going to passing 2022 following by this market trends. I think this market of bitcoin will can't  pass the range of 28k in this year.  That will also be possible if Bitcoin can create a good resistance zone around 19k and 20k.  And if it fails to do that I think the price of Bitcoin is going to drop further.  But I am sure that the bear market is not over yet.
it is your thoughts but that is not what we Bitcoin supporters had in mind , we will disagree with you that it will be impossible to reach 28k this year? remember that we are just entering the last quarter short a week now , and that is mostly the deciding time for the whole market specially bitcoin .
so better to expect that or else be a loser the whole year.
sr. member
Activity: 1610
Merit: 294
Vave.com - Crypto Casino
September 26, 2022, 11:44:51 PM
The market is very volatile and nothing is certain. It looks like traders are coming back now, after a streak of corrections in the last few months and it seems that most of them are realizing indirectly that bitcoin is a major store of value. perhaps the market recovers quickly and this is the beginning of a stepping stone, maybe the price will only go up from here. There will be some short-term setbacks, but just to make sure we don't become parabolic. So enjoy the ride and relax, there is no way you will lose money in a total bull market on bitcoin if you invest at the right time.
full member
Activity: 2016
Merit: 156
September 26, 2022, 10:39:18 PM
Quote
Bitcoin bear market is not over yet and we may seen another big dip of 39% very soon. Bitcoin sudden dump was not good and it's makes fear in BTC buyer again. Many analysis show that very soon Bitcoin can go back to 12k very soon . We have to wait for some months for bear market over

Yes, the price of Bitcoin just decreased to $18,000 few days ago, showed that the price will definitely reach $12,000 before the bull market will appear for those that bought few months ago to supply to market to achieve something good. I think, this is the best time to buy Bitcoin and hold for future purpose, because the price of Bitcoin will hit $80,000 next year for people to enjoy a long bull market like the way they hold long in this bear market. I don't think, people will miss this opportunity to buy Bitcoin in this bear season, because it's favourable for both long term investors and short term investors to embrace the opportunity in the community.
hero member
Activity: 2506
Merit: 576
September 26, 2022, 10:02:52 PM
The market is still red and it seems that in 2022 the bearish trend continues, even many experts believe that Bitcoin will fall under $ 15K, for those who have capital, of course, the price will fall, of course we do not panic if the market drops again.
Those who don't panic are those who haven't bought Bitcoin when the price was still high or when the price was still high as in the past. But for those who have bought more Bitcoins in the past, of course there will be a bit of panic in their minds because it is about the amount of their asset value starting to decrease due to falling prices.

I am also agreeing with you at this point that we are going to passing 2022 following by this market trends. I think this market of bitcoin will can't  pass the range of 28k in this year.  That will also be possible if Bitcoin can create a good resistance zone around 19k and 20k.  And if it fails to do that I think the price of Bitcoin is going to drop further.  But I am sure that the bear market is not over yet.
What makes you agree with that other than the good resistance zone around 19k and 20k ?
Because everyone has a different view of this and logically when investors and traders start taking advantage of the downturn and buy more Bitcoin at a low price, Bitcoin will eventually rise again even if it is difficult to happen in a few days or even month.
member
Activity: 569
Merit: 10
September 26, 2022, 06:21:08 AM
The market is still red and it seems that in 2022 the bearish trend continues, even many experts believe that Bitcoin will fall under $ 15K, for those who have capital, of course, the price will fall, of course we do not panic if the market drops again.
sr. member
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
September 26, 2022, 04:06:01 AM
2 days ago I was surprised because the price of Bitcoin drops more than 12%, this is a signal that the market is still fluctuating and still red, the standard for saying recovered is certainly varied, for me Bitcoin recovers if the assets I have bought and according to the calculation at least the price of Bitcoin $ 42K.
indicators for bitcoin recovering will differ from each other and all always with indicators of what the foothold has been made of. you do an indicator of the purchase price clearly receive the profit, and it can be used as a reference for yourself and may be different from others.
but I made the indicator from the price analysis at the beginning of the year when it started to move down until now, if the price has started to pass the price at the beginning of the year before the correction, there is an indication that it is time for the bear market to leave.
but it looks like the indicator will start to appear when entering the next halving and will not happen this year.

so the poll that the op created, I answered "No" because it hasn't happened yet and will continue to persist.
hero member
Activity: 2912
Merit: 629
September 20, 2022, 01:01:36 AM
The bear market is not over yet and it looks like it will happen in the long term, it is proven that the price dropped by more than 10% and fell from $22k to $20k, the large number of FUDs certainly made investors afraid and chose to sell at a low price.
The price of Bitcoin is struggling to recover consistently. If there's a minor increase, it is also followed by correction, probably because of some investors who do short term to profit. It's true that bearish market is not over yet but I dont think it will last a long period. Who knows, in this coming fourth quarter there might be a good news that can influence the market to become bullish. So im optimistic and ignoring negative news circulating crypto in general.
legendary
Activity: 2674
Merit: 1048
September 19, 2022, 07:23:32 PM
2 days ago I was surprised because the price of Bitcoin drops more than 12%, this is a signal that the market is still fluctuating and still red, the standard for saying recovered is certainly varied, for me Bitcoin recovers if the assets I have bought and according to the calculation at least the price of Bitcoin $ 42K.
I think that now, a few days after your last surprise, you are even more surprised because today bitcoin was down to 18k. At this rate, bitcoin could break a new bottom very soon because this is not the first time it has tested the support line. If bitcoin falls below the last bottom, crypto winter will be here for a long time to come. Especially since there is no more big news, like ETH to POS, and it is unclear what to attract people to crypto.
Well we bounced back to nearly $20k now.

Touching 18.2k for few minutes only yesterday but now we looks safe to break another $20k line and move sideway like what most people predicted.
I was thought that we are going to lose the final support at $18k by yesterday but i was wrong , we will just having good time sclaping at the current price range.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
September 19, 2022, 07:01:24 PM
Quote
It constantly looks over

Only in the short term does it rally, I dont think we've managed it for a month especially.  Problem is we go as far as beating the weekly average but further out it starts to falter.  All we've done is cross from one side of the road to the other, when we get there we go only so far and cross right back again.    Only thing thats progressing here is time and the larger moving averages are gradually dropping to be near to this price area as we've drifted sideways for so long now.
  Biggest visual clue is the 200 week average, its so long term it doesnt care much about any recent rally attempt.  We crossed and back forth many times and its never really gone far.  People wont like this but the whole bull argument will have to wait till 200 Day average is ascending upwards, thats really going to be a while boring but simple to look for.
hero member
Activity: 1120
Merit: 741
Rollbit - Crypto Futures
September 15, 2022, 04:56:40 AM
Unfortunately today the market is correction again even more than 10%, this proves that the bear market is not over, but smart investors see this is a good opportunity for investment because it can buy at a low price so it is easier to profit.
I said above that the increase in the price of Bitcoin moving away from the $21K price can't be said to be the end of the bear market, because the highest Bitcoin price from July 15 to September 13 was $25K.
If we go to the current market and look back at the Bitcoin price chart, it's back down again and is at $20K.

All need patience. Investing in Bitcoin will always be fun to do. There is always a good opportunity if we are willing to invest.
member
Activity: 1050
Merit: 10
September 15, 2022, 04:09:45 AM
The bear market is not over yet and it looks like it will happen in the long term, it is proven that the price dropped by more than 10% and fell from $22k to $20k, the large number of FUDs certainly made investors afraid and chose to sell at a low price.
hero member
Activity: 3010
Merit: 604
September 14, 2022, 06:12:42 PM
On our own we cannot decide or bring a conclusion and that bearish market is over when Bitcoin it is still experiencing down fall in the market, the bearish market can be over when bitcoin change from the price it is now to another price that is when we are going to experience that bearish market is over. But what come to my understanding is that bitcoin price will it rise and it is within the space of November and the December when we will experience and other price change in Bitcoin investors new investors
We can only tell when the long bear market is over if most of the crypto coins are already experiencing consistent price increase. Otherwise, if we keep on seeing bull trap from time to time, then we are still in a bear market condition. However, with bitcoin, even if the bear market is still here, as long as there are positive news that will influence the price of bitcoin to move up, eventually it’s price will start to surge again and settle in a new positive price.
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
September 14, 2022, 02:26:07 PM
As horrible as it sounds, I don't think this bear market could be over yet because I don't see stories of pain in the news.  Typically you see stories of people who lost everything and blame Bitcoin for their life spiraling.  You hear all these horror stories about how Bitcoin is a scam and warnings about staying away...  Maybe we've just outgrown that level of FUD, but I don't feel a lot of pain at the moment with Bitcoin hovering around $20K.  Do you?
sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
September 14, 2022, 01:57:03 PM
Bitcoin bear market is not over yet and we may seen another big dip of 39% very soon. Bitcoin sudden dump was not good and it's makes fear in BTC buyer again. Many analysis show that very soon Bitcoin can go back to 12k very soon . We have to wait for some months for bear market over
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
September 14, 2022, 01:50:41 PM
The economy is still trying to figure out if we’re headed for a 2008 style crash or a soft landing. If deflation starts to take hold from these rate increases and the job losses kick into high gear, then you’ll see a true bear market. Bitcoin hasn’t seen a major economic crash yet. I suspect if a recession does take hold, the results will be fantastically exciting.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
September 14, 2022, 01:20:37 PM
To understand the existence of a bear market or a bull market, we need to observe what is the condition of Bitcoin. Since Bitcoin is still going through $20,000, it is natural to assume that the Bitcoin bear market could last longer. But some experts are speculating that this bull market may start next year.
We'll see how Bitcoin can't break through the $23k wall and it falls back to $20k after the bad news means that the bear market is likely to last for a long time and we can't predict this right, as for speculation experts say it will be next year either. not determine what will happen before the 2024 halving after that it could be bullish IMO.
One of them is indeed taking advantage of the bear market for the better for us to have the bitcoin, if it is bullish of course we can regret why not buy it but when bears are always afraid to fall deeper that is what makes them more difficult.
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