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Topic: Is bitcoin bear market over? - page 5. (Read 1608 times)

hero member
Activity: 1498
Merit: 711
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August 22, 2022, 05:35:01 PM
#89
I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
You cannot say that bear market of cryptocurrency it's not over or is over because of the positivity is you are seeing encrypto currency market. What want to add concerning cryptocurrency been not into their market and also be not into cryptocurrency bullish market, is that when the time of occur many people will notice it, and it's not something of assumptions
hero member
Activity: 1918
Merit: 564
August 22, 2022, 01:32:03 PM
#88
Bitcoin market is still in bear trend.  There is not enough demand for Bitcoin to transition into Bull market.  Aside from that many investors are hesitant to get in because of the news about MT. Gox BTC liquidation and probably they are waiting for the event to happen before getting in at a lower priced BTC.  Aside from that, there is no clear indicator that the bear market is about to end.
hero member
Activity: 2870
Merit: 594
August 22, 2022, 05:50:09 AM
#87
Oh well, the answer is already right in our face, it will be interesting whether we are going to test the lowest low again or not. But in any case, the bear market is not over and it could last for the next year or so. Yes, I know that there is a lot of uncertainties and we don't want to experience it. But as the market is in a cycle, and as much as we anticipate a bull market, we should also take into consideration the inevitable bearish this year, as we can't do anything about it. Not even whales can manipulate and control the market to move into a positive direction.
hero member
Activity: 2366
Merit: 594
August 22, 2022, 05:45:00 AM
#86
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.

I don't see this bear market to be over anytime this year. There is a lot of uncertainties on the market right now and many factors are causing it. Inflation is the main cause I can think of that more people will liquidate their assets if price of commodities will continue to increase.

No one can predict this market's bottom. A $10k bottom is just a speculation and we should not wait for it to happen. It's more better if we just do DCA while bitcoin is below $25k.
hero member
Activity: 2128
Merit: 655
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August 22, 2022, 01:47:22 AM
#85
I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
The current market condition is at such a stage where there is no improvement. However, the market situation is still not good. Investors are still disappointed. Until the market cannot cross the stage of $20-$35k, it will be considered as a bear market. So the bear market is on going.
legendary
Activity: 1974
Merit: 1108
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August 22, 2022, 12:54:26 AM
#84
I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
What do you mean?
OP @Selena-01 only asked about bearish time, didn't ask about bullish time as well. He thinks bearish time is over because Bitcoin price was already above $24k  several days ago. But now, Bitcoin price dropped again to $21k, which means the bearish isn't over yet. Regarding bearish-bullish, surely they will always alternate, never ends. And don't forget about sideways, sometimes we have sideways phase where the price of most crypto coins relatevely stable or no significant changes.

To buy now, I think it is okay if the target is selling at the bullish phase. But if buying for a short-term goal, better to wait for the price decreasing more, below $20k. I assume Bitcoin price is still possible to drop again below $20k.



I think he's saying that market volatility always happens during the bear season, and that rising and falling are always alternated and will never stop. And we won't be able to tell when the market is up and when the market is down.
So if we buy with a long-term goal, we should not hesitate but buy now because the bear season will sooner or later end and give way to the bulls.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 22, 2022, 12:46:01 AM
#83
I think the bear market has not over, we are still facing a large market pressure, and it is proven that prices continue to decline and get closer to drops below $ 20k, if today red is likely 2 or 3 more days the price will fall below $ 20k very much, we are Wait before doing anything
Now the Bitcoin price is at $21K which means it is above $20K even though it is still very close to the $20K price and it is also possible to drop below $20K again. But I'm still more confident that in this month the price of Bitcoin will be at a better price than now before everyone sees how the Bitcoin market will be in the next month and so on this year.
hero member
Activity: 3010
Merit: 629
August 22, 2022, 12:26:30 AM
#82
We cant really say but as we can see the market is not moving upward consistently. If there's an increase it is often followed by a correction, its just shows that bear market is not over. However unexpected things can happen, so we'll never know.

Thus its better to go with flow. If you have capital to fill your bags then do it now. Who knows bullrun might occur again unexpectedly, you dont want to missed the chance to buy before that right?


full member
Activity: 2548
Merit: 217
August 22, 2022, 12:12:29 AM
#81
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.
We can see the reaction and votes of the majority? it is about the Bear wasn't over and will continue bringing us irregularities  in market speculating , best to keep buying now instead of speculating again and again.
people keep asking this but the truth is they does not even bother investing when they called that time a bear market.
sr. member
Activity: 1358
Merit: 253
August 21, 2022, 11:20:33 PM
#80
I think the bear market has not over, we are still facing a large market pressure, and it is proven that prices continue to decline and get closer to drops below $ 20k, if today red is likely 2 or 3 more days the price will fall below $ 20k very much, we are Wait before doing anything
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
August 21, 2022, 06:58:30 PM
#79
I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.

No there is a time when bull and bear markets will be over, at least for certain years. For example, 69K was the market cycle top and end of the bull market. Currently, we are in the bear market but i think we have not hit the ultimate low so the bear market isn't over yet. I am expecting to see 12-13K bitcoin price and have maximum blood in the streets before this bear season is over. 
I may be wrong but usually market falls to a level which no one expects to drain out the weak hands.
sr. member
Activity: 1498
Merit: 443
August 21, 2022, 05:55:43 PM
#78
I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
What do you mean?
OP @Selena-01 only asked about bearish time, didn't ask about bullish time as well. He thinks bearish time is over because Bitcoin price was already above $24k  several days ago. But now, Bitcoin price dropped again to $21k, which means the bearish isn't over yet. Regarding bearish-bullish, surely they will always alternate, never ends. And don't forget about sideways, sometimes we have sideways phase where the price of most crypto coins relatevely stable or no significant changes.

To buy now, I think it is okay if the target is selling at the bullish phase. But if buying for a short-term goal, better to wait for the price decreasing more, below $20k. I assume Bitcoin price is still possible to drop again below $20k.

legendary
Activity: 3080
Merit: 1292
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August 21, 2022, 05:41:58 PM
#77
I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
Bear and Bull seasons are having huge differences when compared to normal market conditions. What I mean is that, if we take on look at prices, we can really see a huge gap between them. What we have today is a bearish condition and prices went down too low. And I think we are still on that situation unless the spike will continue moving the price high. I'd still expect this bear season that we currently experiencing will last until the end of this year.
hero member
Activity: 2996
Merit: 609
August 21, 2022, 02:56:26 PM
#76
I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
And there's no one would able to find or able to predict it out since this market cant really be that be known when it comes to movement.No person would able to tell on where bear or bull market would be

over and we would able to know once it is already happening but telling on this one early cant really be possible this is why experienced people is rather making themselves some position or making out some decision towards their investment rather than boggling up their minds on where these trend would be over.

Better to be wise on making up your decisions because whenever we do see bears then its better to consider on buying cheaper coins and when the market
starts to recover then selling out your coins wont really  be that a bad idea and repeat overall process.
sr. member
Activity: 1876
Merit: 318
August 21, 2022, 06:37:44 AM
#75
I still believe that Bitcoin is still in bear market.  What we had experienced about the recovery of Bitcoin is just another lower high due to the relief rally that had been long overdue.  I also think that the bear market will continue to exist until the mid year of 2023 since the market will be transitioning to Bull market due to Bitcoin halving hypes.

i have the same thoughts as you, the bear market is not going to end so soon, we are probably only 1/3 of the way through the bear season and maybe the bear season will end by the end of 2023

in a bull market there will be some minor corrections and similarly in a bear market there will also be short-term rallies, so be careful with short term rallies like last few days it's just a trap

If we look at the price of Bitcoin, which is now back down to $21k, it seems that the bear market is not over yet. There is even a possibility
in the near future the price of Bitcoin will fall back below the $20k price, but I hope that doesn't happen. Then I have a different prediction
from you, according to the results of my analysis, it is likely that at the end of this year the bear market will end. But because predicting
the movement of Bitcoin is indeed difficult, there is a possibility that your prediction is right and mine is wrong. It doesn't really matter when
the bear market will end, as long as we remain patient holding the Bitcoins we have and also do not sell Bitcoins at low prices, then everything
will be fine. Indeed the bear market in 2022 feels tiring, but this is how the crypto market moves, we should not be pessimistic and still believe
Bitcoin will recover again. The crypto market may not always be bullish, likewise, a bear market will only happen temporarily. That's why Bitcoin is
indeed the most effective and safe as a long-term investment, we sometimes we need patience waiting for the price to recover and sometimes
it takes quite a long time. Because if we expect to make instant profit from Bitcoin, that is the wrong thinking.
member
Activity: 790
Merit: 44
August 21, 2022, 03:17:07 AM
#74
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.
In the speculation that everyone has a different view of the current bear market, the current market phenomenon will break some thoughts for crypto users especially those who want to invest in crypto.
1. Think at the moment the bear market is bottom.
2. Thinking there's still a bear market next, it's even worse.

The problem is that all of us have principles and ways to determine investments, but keep an eye on developments in the future so that you know that these two principles are true.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
August 21, 2022, 02:13:30 AM
#73
I still believe that Bitcoin is still in bear market.  What we had experienced about the recovery of Bitcoin is just another lower high due to the relief rally that had been long overdue.  I also think that the bear market will continue to exist until the mid year of 2023 since the market will be transitioning to Bull market due to Bitcoin halving hypes.

i have the same thoughts as you, the bear market is not going to end so soon, we are probably only 1/3 of the way through the bear season and maybe the bear season will end by the end of 2023

in a bull market there will be some minor corrections and similarly in a bear market there will also be short-term rallies, so be careful with short term rallies like last few days it's just a trap
legendary
Activity: 1512
Merit: 1341
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August 21, 2022, 01:34:56 AM
#72
I still think it's not over.It has to try for about 13,000 dollars. Investing now is risky. You can only buy and sell daily. Of course, this is my opinion. I'm obviously expecting a drop to 13 thousand dollars. If it happens as I expect, I will make my purchases.
We can't determine or predict the future of the market because the market price is always change everything. Concerning the end of bearish market is something that we can not conclude that is the end or we have gone out of the market because i believe that the market is going to end, that's the aspect of bearish market because nobody hold the bottom base of the market. Tomorrow the price can go out of the point

We can't make a decision, but it's possible to more or less predict which direction he might move.For a healthy bull, I think he needs to see these levels.But after a long time the hash ribbon indicator gave a buy signal. This makes me think a little bit.The last time there was such a signal was in August last year, if I am not mistaken.
hero member
Activity: 1918
Merit: 564
August 20, 2022, 05:52:10 PM
#71
I still believe that Bitcoin is still in bear market.  What we had experienced about the recovery of Bitcoin is just another lower high due to the relief rally that had been long overdue.  I also think that the bear market will continue to exist until the mid year of 2023 since the market will be transitioning to Bull market due to Bitcoin halving hypes.
hero member
Activity: 1344
Merit: 540
August 20, 2022, 04:32:06 PM
#70
Somehow I believe this year's bear market will be inevitable because the market is always influenced by FUD and the unfavorable state of the world economy. The market is heavily impacted by the various financial problems out there, so while that continues it's hard to expect this market to grow any bigger than 2021.

Bear market is going to happen, and that is why this market is very special, with the changing cycle of bears and bulls fighting it out. But since we have this 4 year cycle, then the pattern is going to occur, as you have said, its inevitable.

It' just a question what will be the lower price this time, as we have sink into the $20k range. Could be see another lower low or can we at least recover back to $23k?
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