Is Bitcoin Bear Market over? - page 6.

jaberwock

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Quote from: Ricardo11 on November 24, 2023, 09:53:43 AM

We will definitely see good green days. Because the value of Bitcoin is increasing a lot. I think we will see Bitcoin price 50 to 55 this year. And in 2024 it will make new ATH which will rise above 100. So if you have money left to invest, definitely invest for long term. You will be very profitable for this.

Actually, the increase have once again stopped a long time ago. Can't you see that we are still stuck at $37k? Plus there are negative news forming again in the market like the collapse of certain crypto exchanges.

Now will you still say that we will be seeing a greed day? I doubt it. We only have a few time left before we finally end the year, so I don't also think that we will achieve those prices you are calling there. If in case there is a miracle that happened and BTC starts to move up wards again, I think the max that we can get is $45k plus, but it may not touch the $50k mark. I guess that was still an acceptable price for you, since the gap aren't that far.

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Quote from: Rabata on November 25, 2023, 06:08:51 AM

Quote from: KFC786 on November 19, 2023, 11:32:33 PM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

You are correct about the length of time we have to wait during the bear season, but we are still in the cryptocurrency business. Of course, even if we have exited the bear market, there will still be a reduction in market prices. As a result, it will undoubtedly deviate from the trend.

Instead, an uptrend will occur, which we will undoubtedly see in the following days, weeks, and months. Profiting appears to be simpler in these times, and only those with trading understanding comprehend this.

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Quote from: Myleschetty on November 25, 2023, 12:01:37 PM

The $16,500 may be the bottom price but the bear market is not over until next year, judging by the previous market the Bitcoin trend will be up and down until it's next year when there will be enough pressure in the market which will spring up the rally market.

Hmm, the current zone is the pre-distribution zone I think. The market is almost 75% down from the ATH and 25% Up from the Bottom, and the coming timeline is too busy and highly bullish according to the expected financial developments. So we can safely say the rocket has lunched to the destination moon.

This cycle was a good time for me to learn and practice most of the things and what is left over now is just the exit plan, and I've started working on it as well, because comparing to a timely entry the exit matters more. Becasue this where you start setting up things for the next cycle.

Myleschetty

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Quote from: Don Pedro Dinero on November 24, 2023, 11:29:30 PM

I also believe that the bear market is over. We bottomed at $16,500 and since then, albeit with ups and downs, the price has been rising to where we are now. At the point in the cycle that we are at, with the halving in half a year or so, I think it is quite unlikely that we will go down to $20,000 or so, which would make us think about the bear market again.

The $16,500 may be the bottom price but the bear market is not over until next year, judging by the previous market the Bitcoin trend will be up and down until it's next year when there will be enough pressure in the market which will spring up the rally market.

bestcoins1

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Quote from: jeraldskie11 on November 25, 2023, 09:40:31 AM

In my opinion, bull market happened since march 2023 after it broke the $25k resistance. Just because we are in the bull market doesn't mean we can't see red days. There is always a green day in the bear market and there is always a red day in a bearish market. It's because the market will always make a retracement because there's more demand in the discount zone waiting to fill and send the price higher. Maybe couple of days or weeks from now, retracement will begin and possibly hit $30k, and it's a bearish trend in lower time frame.

Currently the price of Bitcoin is still quite close to $38K, where the low zone may not reach $30K again if a retracement occurs again in the market this year. Soon we will all be in December and I also estimate that a price decline is still very possible in the market, but it will not reach $30K. Because the potential for price increases is still very possible for Bitcoin if demand never decreases and continues to increase in the green zone.

EarnOnVictor

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Quote from: Rabata on November 25, 2023, 06:08:51 AM

Quote from: KFC786 on November 19, 2023, 11:32:33 PM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

Emphatically and without any apology, Bitcoin is now bullish in the long-term disposition and I do not see anything stopping it from continuing to buy till next year. However, it might not make a significant breach of $40,000 until next year against what's widely conceived but might also not breach below $30,000 either till next year. The bullishness of Bitcoin is deserved and well overdue after years of long-term bearishness, this was aggravated by inflation and is a very good call for everyone to ensure that they know how Bitcoin behaves so well before they deal with it.

Also, what I see that is beyond the assertion of whether it's bullish or bearish is to know how to properly guide ourselves on when to buy and when to sell the coin (exit), this is equally good as knowing when to buy/sell (entry) which most people are often blinded/engrossed with than the exit. At this time, everyone can continue to make their buys as the coin will never make any significant bearish movement again until the post-halving time which I believe would be more than 1 year from now. Nonetheless, every Bitcoin lover should be in by now and be learning the best ways to opt-out in the next 1 year.

jeraldskie11

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Quote from: KFC786 on November 19, 2023, 11:32:33 PM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

In my opinion, bull market happened since march 2023 after it broke the $25k resistance. Just because we are in the bull market doesn't mean we can't see red days. There is always a green day in the bear market and there is always a red day in a bearish market. It's because the market will always make a retracement because there's more demand in the discount zone waiting to fill and send the price higher. Maybe couple of days or weeks from now, retracement will begin and possibly hit $30k, and it's a bearish trend in lower time frame.

Nrcewker

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Quote from: KFC786 on November 19, 2023, 11:32:33 PM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

Bear market doesn’t get over in a single day. I mean it takes some days and weeks to transition from a bear market to bull market. This price growth is just minor correction according to me. This signal looks positive though, but we might see Bitcoins crossing 50k usd or more in next year only. So yes we have huge chances to buy the coin in comparatively low price now. So don’t wait further and accumulate as many coins as you can in this price segment.

Rabata

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Quote from: KFC786 on November 19, 2023, 11:32:33 PM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

kotajikikox

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Quote from: Don Pedro Dinero on November 24, 2023, 11:29:30 PM

I also believe that the bear market is over. We bottomed at $16,500 and since then, albeit with ups and downs, the price has been rising to where we are now. At the point in the cycle that we are at, with the halving in half a year or so, I think it is quite unlikely that we will go down to $20,000 or so, which would make us think about the bear market again.

we have strong hold above 20k so yeah since we have been in 16k and now having this great positioning? I also believe that we are now in off bear market in which shows there will be having a High expectation in the next coming months if not taking a year because the speculation in halving is Too high from now.

Quote from: Rasa nanas on November 24, 2023, 06:03:05 PM

today the price of bitcoin has passed $37k and I see that recently the trend of bitcoin price movements has been very good and if this continues $40k will be reached soon. I am sure this positive trend will continue and in the future we will see an increase in the price of bitcoin because soon we will enter a bullis year and more and more people will want to buy bitcoin for investment.
If you ask is the bear market over? looking at the current market situation it seems like the bear market is over.

if the increase continues to above 38,500 then we can tell that 40k is near to broken and yes running to 45k in the next couple of weeks.

Tony116

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Quote from: gunhell16 on November 24, 2023, 10:30:14 PM

Quote from: KFC786 on November 19, 2023, 11:32:33 PM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

My direct answer is yes, the bear market is over since each Bitcoin becomes 35k$, so the market is really bullish on what is happening now. What I even see there entering January early 2024 is that the price value of Bitcoin may range between 42k and 50k$.

But it depends on what happens with the updates in the crypto industry.If the news we hear and read is positive, before the end of this year, the price of Bitcoin that I mentioned will reach immediately.

Are you saying that if we have no positive news and only negative news, we will return to a bear market? If you still think that the market's movements still depend on upcoming news, how can you say that the bear market is over?

To me, the bear market is over even if we have more negative news. I mean, the market will have to correct if there's bad news but it won't be dumped as big as what happened in 2022. Bitcoin will not be able to fall below $25k so it cannot be said that bear season will return. Bear season is truly over even if bitcoin doesn't hit $40K this year.

Don Pedro Dinero

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I also believe that the bear market is over. We bottomed at $16,500 and since then, albeit with ups and downs, the price has been rising to where we are now. At the point in the cycle that we are at, with the halving in half a year or so, I think it is quite unlikely that we will go down to $20,000 or so, which would make us think about the bear market again.

gunhell16

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Quote from: KFC786 on November 19, 2023, 11:32:33 PM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

My direct answer is yes, the bear market is over since each Bitcoin becomes 35k$, so the market is really bullish on what is happening now. What I even see there entering January early 2024 is that the price value of Bitcoin may range between 42k and 50k$.

But it depends on what happens with the updates in the crypto industry. If the news we hear and read is positive, before the end of this year, the price of Bitcoin that I mentioned will reach immediately.

n0ne

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Quote from: Rasa nanas on November 24, 2023, 06:03:05 PM

today the price of bitcoin has passed $37k and I see that recently the trend of bitcoin price movements has been very good and if this continues $40k will be reached soon. I am sure this positive trend will continue and in the future we will see an increase in the price of bitcoin because soon we will enter a bullis year and more and more people will want to buy bitcoin for investment.
If you ask is the bear market over? looking at the current market situation it seems like the bear market is over.

New bitcoin high price have been recorded today. The price went closer to $38500, and the same have now moving around $37700 which means the market is in gain of resistance to cross the barrier. We can't be sure of the market trend, but kind of bullish trend in progress. Because the price that was down to $30k for a long have slowly built and now it have reached this level and at any point this hadn't moved backwards. So we can be sure of market on the bullish trend.

Rasa nanas

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today the price of bitcoin has passed $37k and I see that recently the trend of bitcoin price movements has been very good and if this continues $40k will be reached soon. I am sure this positive trend will continue and in the future we will see an increase in the price of bitcoin because soon we will enter a bullis year and more and more people will want to buy bitcoin for investment.
If you ask is the bear market over? looking at the current market situation it seems like the bear market is over.

goaldigger

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Quote from: KFC786 on November 19, 2023, 11:32:33 PM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

Definitely yes, and we are slowly moving up now though corrections are still possible of course.
The market made a lot of good green candles already and we know it is the start of a bull trend. Now we need to break more resistance to confirm the up trend, we should be more ready for this and make sure to increase your holdings before the big bull run confirm.

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Quote from: Ricardo11 on November 24, 2023, 09:53:43 AM

We will definitely see good green days. Because the value of Bitcoin is increasing a lot. I think we will see Bitcoin price 50 to 55 this year. And in 2024 it will make new ATH which will rise above 100. So if you have money left to invest, definitely invest for long term. You will be very profitable for this.

The bear market has finished, currently the market is in a very positive trend. I believe the market has been in a bullish phase in the last year even though it has not yet touched the same price as the previous ATH in 2021. Just now $38k was broken and maybe next is $40k which will be tested as resistance.

This is good news for all holders who previously bought bitcoin above $40k. They have high hopes of recovering their losses if they don't carry out accumulation and DCA when prices fall, so of course the green days have come.

Ricardo11

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We will definitely see good green days. Because the value of Bitcoin is increasing a lot. I think we will see Bitcoin price 50 to 55 this year. And in 2024 it will make new ATH which will rise above 100. So if you have money left to invest, definitely invest for long term. You will be very profitable for this.

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Quote from: mattujusuruga on November 24, 2023, 08:38:21 AM

Of course I can wait because the money I invested is idle money, namely money that I don't use for my daily needs. I always invest using free money so that I have all the primary financial needs and future financial goals that have been prepared by saving for investment.

The halving has led many people to hold onto their BTC. This will increase the possibility that BTC will reach $50k at the beginning of the year. There will be a lot of Hodlers because everyone is waiting for the price to happen after the halving. So I think your prediction is reasonable because currently Bitcoin has entered a positive trend and I predict Bitcoin will hit $40,000 this December.

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Quote from: AmoreJaz on November 22, 2023, 05:28:47 PM

Quote from: mattujusuruga on November 22, 2023, 06:13:37 AM

The price of Bitcoin has exceeded above $37k a few weeks ago and market conditions are currently in good momentum. I see that the bitcoin market is not over yet because the potential for price increases will continue to increase. Therefore, at the beginning of next year it is possible that the price of bitcoin has the potential to reach above $50k.

the possibility is always there but should be conservative in estimating the price if you are seriously investing your hard-earned savings. check if you can afford to wait if such price has not been reached. because your funds may be compromised when you badly need the funds for yourself.
the sentiments are positive these days because after such a long wait, we have seen this 30ish level again.

Yes, this is an unpredictable market and investors must be aware that their investments might have to endure for years until they see some profitability potential to be made through selling. The currently fluctuations and conditions seem really good, but we never know! It can be another temporary pumping trend which might not result in a strong bull run yet. Or it can be the beginning of the bull run, indeed. This is a mistery to be solved only within time, as we watch more fluctuations and further progress of Bitcoin in crypto market. For now, we can only hope and hold!

Resistance level is still strong at 38,000$ price range. Once it breaks the resistance, it still has to reach 40,000$ or further, so we can consider it an important milestone that will eventually encourage more optimism and enthusiasm among Bitcoin investors.

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