Is bitcoin bear market over? - page 3.

Rockstarguy

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Quote from: Hypnosis00 on September 03, 2022, 05:55:02 AM

It was very common to hear people speculating it drops when seeing the market and then say it will turn bullish once there is a price increase.

Normally when the price of bitcoin starts increasing gradually people always think that we are entering into the bull market, but the market is unpredictable.

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But what I think is that we still living this bearish season until next year. What might could save this and lift up the market condition is halving. We all are probably thinking of the same scenario in the past as after halving, prices rose up like x5, x10, and even x1000 for shitcoins and hypes projects. I see this possible but yeah, we also have to wait for 2-3 years from now.

We are still in the bearish market, people just need to know buying Bitcoin is to hodl it for 2'-3 years time because the bearish market may not be over in a short time. This is the time to just hodl bitcoin and not a rush time to make money from it.

kesmex

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I haven't seen the bear market yet, because indeed the price of bitcoin has been dumped again,
especially below $20k, it will cause the bitcoin price to dump deeper,
I will make sure if bitcoin drops from $20k then this is the beginning of a bear market,
maybe my target is the end of the bear market is when bitcoin breakdown of $10k

Kadal Ijo

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Today there is another correction so that Bitcoin drops again under $ 20K, the bear market has not yet been completed even many experts believe that when the price is below $ 20k it will be difficult to rise, maybe tomorrow or the day after tomorrow there will be an increase again but the market will be bear again and things This is what makes us have to sell immediately when it is 10%profit.

Hypnosis00

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The unique facts that always make us curious are the price of bitcoin which is very fluctuating, after experiencing pressure of more than 3 days and once dropped under $ 20k, now the price of Bitcoin is back to the level of $ 20k, I suggest to continue to buy, I'm sure 3 or 4 Another day the price of bitcoin can reach at least $ 22k or profit more than 10%.

It was very common to hear people speculating it drops when seeing the market and then say it will turn bullish once there is a price increase.
But what I think is that we still living this bearish season until next year. What might could save this and lift up the market condition is halving. We all are probably thinking of the same scenario in the past as after halving, prices rose up like x5, x10, and even x1000 for shitcoins and hypes projects. I see this possible but yeah, we also have to wait for 2-3 years from now.

Rufsilf

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Quote from: Baofeng on September 02, 2022, 03:09:35 AM

Quote from: mich on September 02, 2022, 01:16:45 AM

Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'.
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.

I guess it's better to hear it that way, instead of denying that we are not in a bear market or we will recover soon. Most likely recovery will start right after the halving, just like the previous bull run. And so if that is the case then almost 2 year we will have to wait. So the best thing to do while waiting is continue to accumulate, nothing beats the old strategy of DCA every month and see how much you can get till the next bull run.

Halving may come in 2024, a little bit excited. We need to survive and keep our emotions stronger and even more positive for the incoming as we still need to face the bear season for 1-2 more years. I just imagine during the last bear season that it takes almost 3 years, that seems possible to happen during this time. Well, anyways, we're just hoping for the best and we don't need to argue the situation whether it was bear season or it ends already, we really just need to prepared for anything will happen later.

lixer

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Quote from: mich on September 02, 2022, 01:16:45 AM

Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'.
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.

Indeed many people don't want to hear that because we are now bored with this sh!t. I know bear seasons are important as this gives us a chance to buy but man we have been this situation for so many months now. We can't be like this forever but we do also need our money to buy the things that we want especially now that special holidays are coming ahead.

In case the bull run starts at the year 2023, well what can we do? I think that was still fine since we only have few months left till we end this year and that was better compared to what others are saying that the bull run can start on the years 2024 and 2025 as that was too long already.

Baofeng

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Quote from: mich on September 02, 2022, 01:16:45 AM

Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'.
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.

I guess it's better to hear it that way, instead of denying that we are not in a bear market or we will recover soon. Most likely recovery will start right after the halving, just like the previous bull run. And so if that is the case then almost 2 year we will have to wait. So the best thing to do while waiting is continue to accumulate, nothing beats the old strategy of DCA every month and see how much you can get till the next bull run.

mich

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Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'.
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.

Vaskiy

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Quote from: kesmex on September 01, 2022, 06:36:29 PM

Quote from: Selena-01 on August 15, 2022, 09:43:30 PM

so many people that sold the bottom in the comments, so many that sold and thought btc will hit 10k. wonder what they going to do when btc hits new all-time highs, without reaching 10k.
now it is near 24,000, so it is the time to buy.

$10k is still on the way, because a lot of people want a low price,
and I'm sure there will be a short squeeze below the $10k price,
and that makes panic selling happen, so prepare a strategy if that happens

Just because lot of people want $10k to be reached, the market won't move in such a way. For now it hasn't got the resistance to move strong. This might keep the down market to continue. For now it have got the support at $19k, failing this might touch $17k. Further only we'll get to know whether the drop will go even lower or not. For now I expect it to reach between $12k and $15k.

kesmex

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Quote from: Selena-01 on August 15, 2022, 09:43:30 PM

so many people that sold the bottom in the comments, so many that sold and thought btc will hit 10k. wonder what they going to do when btc hits new all-time highs, without reaching 10k.
now it is near 24,000, so it is the time to buy.

$10k is still on the way, because a lot of people want a low price,
and I'm sure there will be a short squeeze below the $10k price,
and that makes panic selling happen, so prepare a strategy if that happens

STT

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Below 50 day average, the weekly and even 2 day average its not exactly an optimistic looking outlook. We do have higher lows but also descending highs, so a slight triangle that can breakout either way; wait and see best policy imo. See how this weekly bar responds, we need to hold levels around here and regain momentum before thinking of a turn around and recovery upwards. This isnt a full on bear but I wouldnt presume we dont move lower, just not in a regular way so far more sideways.

Hamphser

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Quote from: n0ne on August 30, 2022, 06:46:18 PM

The bear market is continuing. The market is trying to hold the $20k support level, but it isn't able to do it for a long. The price falls back and recovers. This continues and there are predictions of bitcoin price reaching down to the value of $17300 which is the lowest in recent months.

Different predictions move across, and for now it is good to have patience. The growth will happen slowly for months as the bull market is predicted to happen after years.

For long term holders then these movements wont really be that an issue or a big problem when it comes to these volatility but for shorters then it is actually that feasible for someone to deal with because movement

in between 300-600$ per swing on day basis specially now then it is really that worth on making out some short trades since you could really make out some advantage with these movements but of course not all would really be that capable or does have the skills on doing so.Knowing on when bear market would end is something that cant really be that known and this is why this market makes unpredictable
it could neither stay or end up without us knowing until it happens.

n0ne

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The bear market is continuing. The market is trying to hold the $20k support level, but it isn't able to do it for a long. The price falls back and recovers. This continues and there are predictions of bitcoin price reaching down to the value of $17300 which is the lowest in recent months.

Different predictions move across, and for now it is good to have patience. The growth will happen slowly for months as the bull market is predicted to happen after years.

Mpamaegbu

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Quote from: Selena-01 on August 15, 2022, 09:43:30 PM

so many people that sold the bottom in the comments, so many that sold and thought btc will hit 10k. wonder what they going to do when btc hits new all-time highs, without reaching 10k.
now it is near 24,000, so it is the time to buy.

That's the danger in trying to short Bitcoin with the hope to buy in later and then discover that you can't get that opportunity again. At every point Bitcoin dips, investors take it to mean it has discovered a bottom but if it dips further they quickly tun into conclusion that it could dip more and many would see it as a right time to sell off and then wait for a later dip to buy back. You see, just like life is full of surprises; that's how this crypto industry is full of inevitabilities too. No one truly has a complete handle on it. It's as speculative as it can be. Those who sold off only have themselves to blame or buy at a higher price than they sold.

Rupok

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Bitcoin has yet to overcome a bear market. There is no way to tell how long it will take to overcome a bear market.Many have been saying that Bitcoin will fall below $10k for a few days now. So many are panicking and selling.But now Bitcoin is hitting, so I don't think it will go down. Bitcoin price is still stable even though it dropped below $20k a few days ago.Now the most important thing is to buy and hold bitcoins at low prices. Holding bitcoins for long term can earn good profits.

Wawa2013

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Quote from: lepbagong on August 29, 2022, 07:37:58 AM

Quote from: Oasisman on August 27, 2022, 06:02:06 AM

Quote from: Selena-01 on August 15, 2022, 09:43:30 PM

Is bitcoin bear market over?

Obviously, NO.
Though Bitcoin's price can somehow be considered high compared the last couple of years' ATH, but this bearish run won't be over until we don't see any huge recoveries in the global economy or at least not until we see another Bitcoin halving. So, that's most likely going to be in the next 2 years.
Even if Bitcoin hits $30k it would probably going to fall again at $20k level or even a little below.

I also answered "No", because looking at the situation so far there is no indication that can make me believe that the bear market has passed, because until the end of the year it will continue to happen.
the possibility that can be ascertained is, as you said, my friend, that wait for the halving period to come first and it will be seen that the bull market will begin to penetrate.
so it takes more patience and it's not that easy, so be patient this is precisely the right time to keep buying and saving more.

With Bitcoin now falling back below $20k, that means the bear market isn't over yet. In fact, I believe that until the end of the year the bear market
has not ended, so those of us who are waiting for the bull market to come must indeed be patient a little longer. Just take advantage of the bear
market for us to accumulate Bitcoin, so when the bull market comes we can make big profits.

What is certain is that there is no need to panic about a bear market that has not ended, because sometimes bear markets last quite a long time.
The most important thing is that we don't sell our Bitcoins at low prices. Moreover, we can be patient holding Bitcoin until the next Bitcoin halving
occurs, it is likely we will be able to generate large profits. Because based on the previous Bitcoin halvings, always managed to make Bitcoin price
reach new ATH. That's why many people recommend long-term investments in Bitcoin. Because it has been proven that people who can be
patient holding Bitcoin in the long term can generate large profits. Even investors who dare to invest with large capital, long-term investment
in Bitcoin can make these investors become rich people. So just focus on collecting Bitcoins instead of thinking about when the bear market will end.

lepbagong

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Quote from: Oasisman on August 27, 2022, 06:02:06 AM

Quote from: Selena-01 on August 15, 2022, 09:43:30 PM

Is bitcoin bear market over?

Obviously, NO.
Though Bitcoin's price can somehow be considered high compared the last couple of years' ATH, but this bearish run won't be over until we don't see any huge recoveries in the global economy or at least not until we see another Bitcoin halving. So, that's most likely going to be in the next 2 years.
Even if Bitcoin hits $30k it would probably going to fall again at $20k level or even a little below.

I also answered "No", because looking at the situation so far there is no indication that can make me believe that the bear market has passed, because until the end of the year it will continue to happen.
the possibility that can be ascertained is, as you said, my friend, that wait for the halving period to come first and it will be seen that the bull market will begin to penetrate.
so it takes more patience and it's not that easy, so be patient this is precisely the right time to keep buying and saving more.

mey466

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Quote from: Hamphser on August 25, 2022, 04:42:47 PM

Quote from: m2017 on August 25, 2022, 01:57:50 PM

Quote from: Moshi Moshi on August 25, 2022, 12:47:55 PM

Quote from: mey466 on August 25, 2022, 10:29:56 AM

It's not over yet, expectations are still in a bear market and going down cheaper. New things have not yet come that can boost the price of crypto, usually there is a new fantastis that supports crypto as happened in the past. bad things still happen like war news

do you know when the bear market will end? I'm really frustrated because my assets or my portfolio are -80% more,
this is really crazy, even though bitcoin is only down not more than 50%, what if -80%? Shocked

Sooner or later the bear market will end. This is natural. If you evaluate on the basis of 4-year cycles and take into account the theory that the duration of the cycles increases slightly, then the end of your disorders will be in about 2-3 years. So, get your emotions under control and get ready for a long wait. There is nothing crazy in your portfolio. -80% is also natural. There was no need to buy any shitcoins and that is what brought you losses and worries now. But never mind, next time you will be more careful with the selection of coins for your portfolio, because the current unpleasant experience will teach you a lot. You gain practical experience, on the basis of which you will know what is best to invest in.

"There's always a sunshine after a rain"

We cant really be just seeing a market to have a forever situation on bear market.It might really be that takes longer but doesnt mean that it wont go over.
It would be surely ending but we dont know on when it would be happening because this market is unpredictable.

Therefore, its better to mind yourself on taking up some actions on accumulating while prices are cheap rather than on making
yourself panic and get stressed just because you've been seeing reds.

No one knows the beginning and the end. see the current price is lower than yesterday's price the market is still showing a decline. I agree and are planning to buy it at a cheap price by filling the carriage as best as possible to wade through the next trip to the new ATH

Oasisman

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Quote from: Selena-01 on August 15, 2022, 09:43:30 PM

Is bitcoin bear market over?

Obviously, NO.
Though Bitcoin's price can somehow be considered high compared the last couple of years' ATH, but this bearish run won't be over until we don't see any huge recoveries in the global economy or at least not until we see another Bitcoin halving. So, that's most likely going to be in the next 2 years.
Even if Bitcoin hits $30k it would probably going to fall again at $20k level or even a little below.

Untomabur

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We're going to try around $18,700. We can call it a strong and good support. But if it breaks there, $ 13,000 awaits us. This decline took place with Powell's statements. Another wave of decline is likely to come soon. But before that, maybe a fake upswing may come. It's all about looking at which way the positions are increasing.

we are still on the weekend, of course there will be a lot of price manipulation going on,
and there is a possibility that Bitcoin will also retest to $21k before dropping again to $17k and forming a double bottom?
Yes, it will be interesting if the double bottom is achieved

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