Is Bitcoin Bear Market over? - page 4.

taufik123

legendary

Activity: 2744

Merit: 1878

Rollbit.com | #1 Solana Casino

Quote from: STT on December 09, 2023, 01:16:20 PM

-snip-
I see we get overly focused basically, its way harder to be a trader then it looks but right now its obviously become completely clear BTC is quite positive as good as it ever was really.
Now we have to guess what happens next and its still hard to do. Our vision is clouded by these gains seen just previously, again we could be wrong to be positive here easily. Never easy!

Bitcoin fluctuations cannot be fully predicted.
This depends on how Bitcoin trends and is also influenced by fundamentals that sometimes put pressure on Bitcoin.

There are several FUD and News appearing simultaneously, making the price unstable.
But it is clear that Bitcoin going forward is quite positive and clear, because the halving is about to happen.

This encourages new investors and existing investors to start re-entering and securing their positions.
2024-2025 will be quite anticipated years, because there are various kinds of speculations that Bitcoin began to Bull Run and will reach a new ATH,
now is the beginning to reach the highest price of Bitcoin.

Trading does look difficult, but as a good enough option, being a Holder is probably the best option for those who will hold back long term.
Holding only requires patience and determines the price target to be achieved.

KennyR

hero member

Activity: 2310

Merit: 532

DGbet.fun - Crypto Sportsbook

Quote from: siniminomorocomunisakito on December 09, 2023, 04:59:41 AM

Quote from: khiholangkang on December 09, 2023, 04:02:27 AM

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

Judging from the graph, the price will fall because the price is very high, now it is $43,836. Another assumption is that in a few days it will be a holiday, so it is natural that there will be a slight correction later. But let's hope not because the excitement has only just begun. I am also waiting for BTC in the 48K Area

Almost every year we used to experience good bounce in the market during the last month. This time the same had taken place and bitcoin is at better position. This doesn't look like a very high price, and the altcoins season hadn't started. When that gets started we can expect the growth in better scale as the mutual growth begins, which is the real bullish trend. However the bear trend of the market is over long back itself.

STT

legendary

Activity: 4102

Merit: 1454

Quote from: adaseb on November 20, 2023, 12:41:08 AM

I am pretty sure it ended a long time ago. The problem is are we in a bull market that is beginning or ending or somewhere in the middle.

Right now I don’t think any ETF will be approved until at least Jan 10 2024. Since we missed those deadlines and usually December is a holiday month and there won’t be any decisions made there. So I think Bitcoin will trade sideways until the next year pretty much.

For sure Bear season was a long time ago however theres a lag effect in peoples perceptions I believe. Just as we crest a hill at high speed we seem to float for a second, same with a lull and large sell off. Even though we spent this whole year really being way more positive then the prior year it may not have felt it, the price or numbers were still low after all and with many holders they just see the red. I see we get overly focused basically, its way harder to be a trader then it looks but right now its obviously become completely clear BTC is quite positive as good as it ever was really.
Now we have to guess what happens next and its still hard to do. Our vision is clouded by these gains seen just previously, again we could be wrong to be positive here easily. Never easy!

FanEagle

legendary

Activity: 3066

Merit: 1129

Quote from: dunfida on December 07, 2023, 07:40:15 AM

Everything on the movement that we do have before the halving event, then i considered to be that still on bearish. Cool

We should really be that wary that before the bull run kicks in then this market would really be experiencing that last dip before the bull run happens. We dont know though if it would happen on this cycle or not
but to assume that the past would always rhyme on what on the future do brings then we could assume that it might happen again this time after the halving event.
Bear market over? We can assume its yes because we are past beyond on half of its all time high price and we are slowly approach on it gradually on which it would really be just that normal that you will be telling
that we are really indeed recovering.

If you do able to make yourself that buy into the lower price then you are making profits now even on just simply holding but if you are someone who do really love to
to play with those moving prices then you could always opt to make short trades on which it is really just that giving that kind of advantage but of course it would be more risky.

I think we do not need to consider "small" increases as bear, or neither, we should consider them as bull start as well. I believe that we are in bull period, bear is already over and not only that but we are not in between neither, we are in bull period right now and we should be quite happy about it.

I get that you may not feel that way, but that's just the way it is so far and I think it should be important period without a doubt. I get that it may feel like you are not making a lot now, and I get that some people got in a little late, like if you got in at 43k you haven't seen much, but some people got in at 15k, so they tripled their money, how can you say they are not in bull period, who triples their money in 1-2 years, that's a lot of profit.

EarnOnVictor

hero member

Activity: 896

Merit: 654

Leading Crypto Sports Betting & Casino Platform

Quote from: siniminomorocomunisakito on December 09, 2023, 04:59:41 AM

Quote from: khiholangkang on December 09, 2023, 04:02:27 AM

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

Judging from the graph, the price will fall because the price is very high, now it is $43,836. Another assumption is that in a few days it will be a holiday, so it is natural that there will be a slight correction later. But let's hope not because the excitement has only just begun. I am also waiting for BTC in the 48K Area

You await Bitcoin to hit $48k, but I await it to hit $50k and $69k which is the ATH very soon. This should happen within the next few months and I can't wait for it. I also like your advice regarding the bearish movements, this is very possible and I've been cautioning people since days back, there is the possibility of Bitcoin to make adjustments downward after many months of buying, of which the buying is very effectual enough to demand for a retracement. However, I believe that Bitcoin can't go below $35k-$40k no matter how it falls again this year and in years to come. This is the main bullish season, it will take the whole advantage of it when it lasts. There was its bearish season too, it ended last year when everyone was sceptical about holding their coins and Bitcoin fell towards $15,000 from the ATH of about $69,000. Now, everyone must rise with the coin as it buys and sells without fear when it falls. But this time, it's all about buying, only that minimal selling can't be disregarded. Hence, the need for us to work with our charts regularly.

siniminomorocomunisakito

member

Activity: 420

Merit: 34

Quote from: khiholangkang on December 09, 2023, 04:02:27 AM

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

Judging from the graph, the price will fall because the price is very high, now it is $43,836. Another assumption is that in a few days it will be a holiday, so it is natural that there will be a slight correction later. But let's hope not because the excitement has only just begun. I am also waiting for BTC in the 48K Area

khiholangkang

hero member

Activity: 2226

Merit: 610

Quote from: erep on December 08, 2023, 05:58:21 PM

Quote from: khiholangkang on December 07, 2023, 11:37:01 AM

Yes you are right, some want the bearish season not to end and some want the bullish to come quickly, basically people who want their bearish season most likely have not accumulated much bitcoin, but the market tells another story, maybe we will touch the $47k level as the latest catalyst that shows that bitcoin is bullish before its time.

We cannot predict the market with certainty but market support shows positive movements throughout this month, it looks like there will soon be a bullish market until the halving period, in my opinion the market increase is quite significant, indicating that next year it will reach ATH after several years ago. However, it is also possible that negative things could happen depending on the economic situation and the influence of news that we cannot predict, but there is no prediction of a bear market from the current market impact except only a market correction and it is difficult to predict that the market could fall below #35k in current market conditions.

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

erep

hero member

Activity: 2282

Merit: 589

Quote from: khiholangkang on December 07, 2023, 11:37:01 AM

Yes you are right, some want the bearish season not to end and some want the bullish to come quickly, basically people who want their bearish season most likely have not accumulated much bitcoin, but the market tells another story, maybe we will touch the $47k level as the latest catalyst that shows that bitcoin is bullish before its time.

We cannot predict the market with certainty but market support shows positive movements throughout this month, it looks like there will soon be a bullish market until the halving period, in my opinion the market increase is quite significant, indicating that next year it will reach ATH after several years ago. However, it is also possible that negative things could happen depending on the economic situation and the influence of news that we cannot predict, but there is no prediction of a bear market from the current market impact except only a market correction and it is difficult to predict that the market could fall below #35k in current market conditions.

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Quote from: cryptomaniac_xxx on December 06, 2023, 07:52:14 AM

although technically this is still in the bear year, but we can't help but to think that this is really the start of the bull run, even prior to the block halving for next year. We know that it should be the catalyst, but with the way the market is gravitating towards $45k and higher at the end of the year, and if it does reach $50k then officially we are out of the bear hands for good and the herds have started to run already.

Also we have a lot of positive news and that's why the market is very bullish at this point. Obviously, it's all about the Bitcoin ETF approval looming in the background. And if we really get the approval then it's really hard to see where the price will be next year or what's the biggest jump that we will see in the future as other all time high.

I do not think that this year was a bear year to be fair, we didn't had much fall at all this year, we started at the bottom and slowly but gradually got here, so it feels like we were at a good bull year in the end. Think about it, we are over 30k higher than the bottom and that should be doing something that would benefit everyone.

I think I can agree with the idea that after the halving there will be even more increases, we are going to see both bitcoin and alts skyrocket like crazy, and to be fair bitcoin has reached a marketcap where it would be quite hard to do 10x we all know that, reaching 400k+ is hard, and maybe from bottom to top, 15k to 150k could be possible but that's not easy for most people since they already missed their chance to buy at 15k.

So what we should consider right now would be just alts, and alts means that there are some situations where it could be quite easy to reach out to a point where it could get higher price in the future.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Bear market?

It's been a bull market for over a year now.

The price has almost tripled since November 2022.

GigaBit

hero member

Activity: 1764

Merit: 514

Leading Crypto Sports Betting & Casino Platform

Quote from: Fakhrulenclix on December 01, 2023, 04:40:46 AM

Quote from: Silberman on December 01, 2023, 01:48:42 AM

Quote from: Webetcoins on November 29, 2023, 01:14:09 PM

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

Even someone that does not know much about the market should realize that the bear market has been over for quite some time already, and what we are seeing are the first signs that the bull market is coming, the signs are still weak as we are still far away from the previous ATH, but they are there, and once the halving takes place and the market feels the drop on the coins obtained by the miners, that is when we will begin to see a slightly faster growth on the price of bitcoin.

if you look at the current Bitcoin price movements there is no need to doubt the strong support and Bitcoin price movements which throughout this year have continued to be in a positive trend with little correction occurring, this It's really beyond what many people expected and I'm sure many are excited to wait for the next Bitcoin halving and see much better prices.
I think so too, the bear market is over.

Looking at the current market situation, it is easy to guess that the crypto bear market is about to end. But not only the rise in the price of Bitcoin, but the positive results of several other factors are basically working to end the bear market. I think that if the Fed lowers interest rates, it will create a positive environment for cryptocurrencies. Because in 2021 the Fed lowered interest rates and in 2022 they raised interest due to inflation and as a result we saw Bitcoin drop below 70 percent. There is a possibility of ETF approval next year. Besides, the time of Bitcoin halving is approaching. A positive outlook from all these aspects can certainly dispel the bear market.

khiholangkang

hero member

Activity: 2226

Merit: 610

Quote from: naikturun on December 06, 2023, 10:04:37 AM

no one knows friends, everyone can only speculate, some may want this bear to continue but other people don't want it, that's why we see why the market continues to rise, that's what speculation is all about.

Trendwise the bear season is almost over and we have bullish catalysts that keep coming, if we look at 2019 in December there was a decline but in fact in the current cycle it is different, many people are saying that we are competing with institutions in terms of bitcoin accumulation before the bullrun arrives, it is a big exclamation point for bitcoin holders in my opinion.

Yes you are right, some want the bearish season not to end and some want the bullish to come quickly, basically people who want their bearish season most likely have not accumulated much bitcoin, but the market tells another story, maybe we will touch the $47k level as the latest catalyst that shows that bitcoin is bullish before its time.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: Minecache on December 01, 2023, 04:45:49 AM

Quote from: Silberman on December 01, 2023, 01:48:42 AM

Quote from: Webetcoins on November 29, 2023, 01:14:09 PM

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

Even someone that does not know much about the market should realize that the bear market has been over for quite some time already, and what we are seeing are the first signs that the bull market is coming, the signs are still weak as we are still far away from the previous ATH, but they are there, and once the halving takes place and the market feels the drop on the coins obtained by the miners, that is when we will begin to see a slightly faster growth on the price of bitcoin.

To be more precise, we are in the pre-bull phase and the bear season is truly over. I don't think bitcoin will continue to vertically increase from $38k to $45k and make new ATHs, we will have corrections but there will never be massive dumps that cause bitcoin to fall down below $25K as many were expecting.

What's more interesting is that there are still a lot of people who don't believe that the bear season is over, even some of my friends are still waiting and have faith that bitcoin will still drop to 20k USD again. It can be said that the market always has two opposing sides and we have to wait and see who will be right Grin

.

Everything on the movement that we do have before the halving event, then i considered to be that still on bearish. Cool

We should really be that wary that before the bull run kicks in then this market would really be experiencing that last dip before the bull run happens. We dont know though if it would happen on this cycle or not
but to assume that the past would always rhyme on what on the future do brings then we could assume that it might happen again this time after the halving event.
Bear market over? We can assume its yes because we are past beyond on half of its all time high price and we are slowly approach on it gradually on which it would really be just that normal that you will be telling
that we are really indeed recovering.

If you do able to make yourself that buy into the lower price then you are making profits now even on just simply holding but if you are someone who do really love to
to play with those moving prices then you could always opt to make short trades on which it is really just that giving that kind of advantage but of course it would be more risky.

naikturun

sr. member

Activity: 1190

Merit: 267

Undeads.com - P2E Runner Game

no one knows friends, everyone can only speculate, some may want this bear to continue but other people don't want it, that's why we see why the market continues to rise, that's what speculation is all about.

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Quote from: el kaka22 on December 02, 2023, 06:56:11 AM

Seems like it's over to be fair, I am not saying that it's over with concrete guarantee but I think what we call bear market is going down, and right now we are quite high, which means that the most likely outcome we have right now is start of bull run. I think from here on out we are going to be fine and the price will keep on going higher and higher. I get that it may not be all that simple and we may end up with some troubles along the way, but just because it may go down 3-5% along the way doesn't change the fact that on the long run it will double and even more.

If you go from 40k to 50k to 45k to 55k, that means there was a drop on the way but that doesn't mean that we could call that drop bear market, we need to realize that it is not like that and we can't really make it change all that much, we just need to accept that it's something else and we are going to end up with a situation that should be quite decent in the end and have a proper return if we keep holding.

Yeah, seems to be that way, although technically this is still in the bear year, but we can't help but to think that this is really the start of the bull run, even prior to the block halving for next year. We know that it should be the catalyst, but with the way the market is gravitating towards $45k and higher at the end of the year, and if it does reach $50k then officially we are out of the bear hands for good and the herds have started to run already.

Also we have a lot of positive news and that's why the market is very bullish at this point. Obviously, it's all about the Bitcoin ETF approval looming in the background. And if we really get the approval then it's really hard to see where the price will be next year or what's the biggest jump that we will see in the future as other all time high.

Obim34

sr. member

Activity: 224

Merit: 195

Considering how the market is moving we can firmly agree that the bear market is over and what we expect is the bullish part of the market. We should also have it in mind that just concluding that the bear is out does not mean the price of Bitcoin won't go down a little, the market is not going to be all green, we should expect a red candle and a longer green candle both work together.

Quote from: Minecache on December 01, 2023, 04:45:49 AM

What's more interesting is that there are still a lot of people who don't believe that the bear season is over, even some of my friends are still waiting and have faith that bitcoin will still drop to 20k USD again. It can be said that the market always has two opposing sides and we have to wait and see who will be right Grin

.

I keep wondering how most people take their own decisions like damn how they make their own analysis, like earlier the price was around $20k why didn't they buy then, seems they were waiting for the price to drop to $10k and it did not favor them. They keep missing opportunities and if they should miss this not sure if they get another chance to buy lower than this. You better advice them before it us too late

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Seems like it's over to be fair, I am not saying that it's over with concrete guarantee but I think what we call bear market is going down, and right now we are quite high, which means that the most likely outcome we have right now is start of bull run. I think from here on out we are going to be fine and the price will keep on going higher and higher. I get that it may not be all that simple and we may end up with some troubles along the way, but just because it may go down 3-5% along the way doesn't change the fact that on the long run it will double and even more.

If you go from 40k to 50k to 45k to 55k, that means there was a drop on the way but that doesn't mean that we could call that drop bear market, we need to realize that it is not like that and we can't really make it change all that much, we just need to accept that it's something else and we are going to end up with a situation that should be quite decent in the end and have a proper return if we keep holding.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: Silberman on December 01, 2023, 01:48:42 AM

Quote from: Webetcoins on November 29, 2023, 01:14:09 PM

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

Even someone that does not know much about the market should realize that the bear market has been over for quite some time already, and what we are seeing are the first signs that the bull market is coming, the signs are still weak as we are still far away from the previous ATH, but they are there, and once the halving takes place and the market feels the drop on the coins obtained by the miners, that is when we will begin to see a slightly faster growth on the price of bitcoin.

To be more precise, we are in the pre-bull phase and the bear season is truly over. I don't think bitcoin will continue to vertically increase from $38k to $45k and make new ATHs, we will have corrections but there will never be massive dumps that cause bitcoin to fall down below $25K as many were expecting.

What's more interesting is that there are still a lot of people who don't believe that the bear season is over, even some of my friends are still waiting and have faith that bitcoin will still drop to 20k USD again. It can be said that the market always has two opposing sides and we have to wait and see who will be right Grin

.

Fakhrulenclix

sr. member

Activity: 1638

Merit: 339

Quote from: Silberman on December 01, 2023, 01:48:42 AM

Quote from: Webetcoins on November 29, 2023, 01:14:09 PM

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

Even someone that does not know much about the market should realize that the bear market has been over for quite some time already, and what we are seeing are the first signs that the bull market is coming, the signs are still weak as we are still far away from the previous ATH, but they are there, and once the halving takes place and the market feels the drop on the coins obtained by the miners, that is when we will begin to see a slightly faster growth on the price of bitcoin.

And to reach ATH we just need to wait for time, if you look at the current Bitcoin price movements there is no need to doubt the strong support and Bitcoin price movements which throughout this year have continued to be in a positive trend with little correction occurring, this It's really beyond what many people expected and I'm sure many are excited to wait for the next Bitcoin halving and see much better prices.
I think so too, the bear market is over.

bestcoins1

hero member

Activity: 2338

Merit: 737

Quote from: huu78 on November 28, 2023, 02:46:19 AM

in my opinion bitcoin will still fall again, and is currently sideways and retesting whether it can survive and rise or not, but news also affects the price of bitcoin so you have to pay attention to that too.

And today the increase towards $40K has also occurred again in Bitcoin which may also be influenced by good news so that it has a good impact in encouraging more buyers this December. I also thought that a price decline could still occur this December, but this is still not certain to happen because if you look at the durability of the Bitcoin price, it still tends to be sideways. It doesn't look like there will be too much of a price drop if it occurs this month because there may be other factors that could prevent this from happening with Bitcoin.

Quote

right now some bad news is circulating, the market is trying to hold on, but there will definitely be a dip after last october's rise, at least the market will dump a little before going higher.

What bad news have you read so far? I also want to know about the bad news because now certain media parties deliberately publish bad news and news that can arouse many people's curiosity in order to go viral on the internet. So don't believe too much in one piece of news if you haven't researched it in several other places because now there are many media parties who make money through news by attracting as many visitors as they can.

Topic: Is Bitcoin Bear Market over? - page 4. (Read 1345 times)