Topic: Is Bitcoin Bear Market over? - page 2. (Read 1297 times)

Fluctuations are part of this market, there is never a continuous uptrend, but it always has to go down again and again to go up. Correction is a different story, but sometimes bad news crashes the market like you are talking about yesterday negative news about ETF caused altcoin prices to drop suddenly. Whenever the price of Bitcoin falls, the price of altcoin always falls more with it.

It is not common for prices to fall suddenly like this, but it happens sometimes because of some news. Coin founders and exchange owners know all about the fact that often the market can pump or dump due to news so they don't have to worry about it. As for the end of the bear market, I think the bear market is nearing its end now that all cryptocurrencies and bitcoins are priced much higher than before.

Well now it is starting to feel like that the 'bear market' is over. There has been some big corrections in the last month and now are waiting for the big news about Bitcoin ETFs. And that news might come tomorrow.

If you say the bear market is over, yes not really. because every time the price goes up or the price goes down, there must be a price correction, aka there is every time the price session goes up or the price session goes down.
just like yesterday the price of altcoins fell quite sharply. this is a common thing, prices cannot continue to rise or prices will continue to down, coin founders or exchanger owners will be dizzy if that happens.

When the market price falls, people who understand the market are waiting for this opportunity. This can be a discouraging environment for some people, but experienced people take full advantage of this opportunity and buy more. I have seen many occasions in my experience that when I was new and the market was going down, I was getting discouraged and many times I was in a panic position. I started feeling very bad about the market and decided to sell my assets several times.

Then again, I've seen times when the market is going up and I wait for the market to go down so I can buy more at a lower price. The more the market falls, the more likely we are to get the best results in terms of profits, but the condition is that you have the capital to buy. If you have bought with all your capital, then your motivation can definitely weaken when the market falls.Therefore, some money should always be saved for the falling market.

Generally it is really that a normal reaction of someone who do sees up the market is on reds on which they would really be having that kind of impulsive behavior and telling to themselves that it is really that still bear market
without even trying out to realize that this market has been always that been volatile or having that random movement. They would really be just differs on how deep they would really be making out such movement
and this what impressions would really be different whether you would really be panicking on selling your position or you would really be simply holding because you do know that recovery would really be coming next.
Bitcoin bear market is over?We've seen on how far we do able to reach out into its bottom? Not only on bitcoin but also in other coins as well.

We've seen already the bottom but we cant really be that so sure that it would really be able to have that final dip before the bull run kick in.
This is why you should really be that attentive on whatever things that might happen in the market on next months to come specially that we are fast
approaching on Bitcoin halving.

You are not expressing this rightly, the Bears and Bulls are the players in the market, they use these animals to represent those who hold their sentiments/biases depending on their buying or selling positions. The Bears are those who sell the market, while the Bulls are the ones who buy the market. While the trend could be bullish or bearish, the bearish trend is the falling trend, and it is not just about when the market falls when the market opens as you said, it is the actual market trend of the market, which is the prevailing bias or pattern. The same thing goes for the bullish trend when the market is buying. These two can be on a short, medium or long-term basis, but one thing that is peculiar to them is that the market pattern/price action must confirm it and not just a mere correction or a market indecisive movement as you narrated it from the opening time.

If the market price decreases, it is clear that working morale will decrease, but this will not always be the same as market conditions, for example in 2016 the market economic conditions and also the price of bitcoin at that time actually fell dramatically, so that more or less the experts There are already more people not to dive into the world of bitcoin again, because the effects are no longer profitable for experts in terms of results.

What I see is that the bullish market is not marked by a decline in Bitcoin prices, although the effect of a decline in Bitcoin prices could also be to encourage more people to return to taking advantage of the market before it experiences the next price spike. But what is quite obvious is that when Bitcoin experiences a price decline, it also causes all altcoins to experience the same thing so that the market does not look good or bullish. So this bullish market is actually a market condition that is improving and continues to experience price increases in almost all cryptocurrencies, including Bitcoin too.

Altcoin season will also arrive at the end and this is a good opportunity to take a lot of profits. hold the top altcoins and also Bitcoin then wait for the bullishness to arrive. don't hold back until the bear market returns. determine where the profits will be obtained. Bitcoin $50k is the highest price that will soon break the last ATH and create a new ATH. What is needed is mental readiness, asset readiness and reserve fund readiness.

Are you sure the bear market is over already? After Bitcoin passed $45k, you can see the price of Bitcoin is dumped now.
I don't think Bitcoin price already skyrocketed, it was just a little pump. Sadly, the pump didn't last a long time, there is a bad news and the price returned to $41k - $42k again. If there is another bad news from ETF, I assume the price of Bitcoin probably decreases below $40k. The price can be return to $37k - $39k. And I think the next pump will happen again when the Bitcoin halving happens. So, the current dump just happens temporarily.

The bear market was closed for a few days after the Bitcoin price surge. Because the price of Bitcoin has skyrocketed over the past year. Since the market was dumping for altcoins in 2022, the Bitcoin market is in a downward trend. Since then, the bull market has only continued to improve until today. In the future we could see a bigger bull market with Bitcoin price halving. All investors will benefit from this bull market.

I believe the major reason for the misconception about the market bull and bear is based on people's knowledge about the meaning of it.
To make it clear, the bear is when the market is going lower than its initial price when the market is open, the price may decline 0.1% or not reach the previous ATH price that doesn't matter more so, it's not green in the state it's bear while the green state is bull it doesn't matter the price doesn't reach the previous ATH price.

I would guess that we could definitely consider about 30%+ to be the bear market, also I do not really consider staying low as bear market, like we had a period when it was 68k, then went as low as 15k, that was bear market when it was going down, but for a while it stayed at 20k, for months and months, people called that bear too, I do not believe that that was bear, it was just staying there and not going down.

Just because something is not back above its ATH price doesn't mean that it's in bear, it could be staying low but it is not going lower, and that's the most important part. I hope that people could see that and make a big enough distinction between that, and could end up with something that would benefit everyone at the same time.

Supposedly the bear market is when we decline 20% or more but since BTC is more volatile then that, you have to include wider ranges of error in estimation.  I think obviously we did out run the bear market, the inverse question is the bull market and how long this can last when do we know its over.   Unfortunately its more obvious in retrospect then prospective price action.
   The best clue is a set of rising lows over a month or more then shows hidden strength or the mirror of that at the top should be a warning sign.

I think there has already been a correction in the month of December and we are not expecting anymore, the expectations now is for the price of Bitcoin to maintain it's price within the range of $43k to $44k precisely closing the year at $45k.

Like you said we expect the market to break the $50k+ price as the more we get closer to the halving we expect a significant price increase not only Bitcoin alone but also many Altcoins.

We have reviewed the same correction this month, the market can stay at $40k until the price recovers to $44k in the current market conditions, I can assume that the December prediction is not like the previous analysis due to the fact that the market in December has increased significantly, so we can close this year's price without a bearish impact and the market price is certain to increase in the first quarter of next year, analysis predicts that in January it will reach a price point above $55k and hopefully the prediction is correct.

I don't know much about rodskee, but I know that he must have been sleeping and have someone else post for him during the peak 2017 and low 2019 time because then he would know that Bitcoin can dump from 20k to 3k or he must also have been sleeping and have someone post for him during our wonderfully strong looking bull run in 2021 when we reached around 65k and afterwards dropped to about 25% of the ATH! Now how does he know that it is impossible to drop from 44k to 34.9k?  

We should carefully use our words, "impossibility" weighs more than you measure it here. Nothing is impossible in the market, you will just see it happen and will be so astonished by it. Fine, this seems impossible, nonetheless, the level is not so far from the market price. Who knows tomorrow if dangerous news of Bitcoin rejection will make it possible? This is why I would rather say that it doesn't look "feasible" that $35,000 can be hit again this year instead of using the impossibility. The market is so bullish and it has been hesitant to pressure lower with significant effort no matter how hard it tries.

This, I'm afraid might continue till the end of this year as this year is almost gone, we have barely 8 days before it ends. However, the main support level now is around the psychological level of $40,000 and the lower level of one of the weekly chart Fibo points at $39,200. I don't think these two levels would be significantly breached lower for now, the market might try but it will likely fail. But a breach of them might be catastrophic as well, as the breach might cause more bearish pressure that might be attempting to target the $35,000 level. For this to happen, there must be a consistent bearish price action on the weekly chart. The market attempted it last week but failed to be consistent in that regard this week as the bears too over again.

I am answering based on the current market situation. Although this was posted early November but I came across it now and I can say that the bear market is over. Even if we are not yet into the bull market, the it is gradually building up and we are seeing it play out


Even if there is correction, which is expected, it will not be more than the usual 10% and the market will later reverse with a greater momentum. I can say that bitcoin is fair this year because it is somewhat predictable this season. As it was predicted is how it is playing out.

if this is about 2023 then yeah for me it is also impossible to even drop to 35k because it is
strongly holding the above 40k wee before the year ends , but when January comes and yes with the
coming of Bitcoin halving , I believe that things will change and may experience bad dropping for
preparation in the coming bull market after the Halving.