Is Bitcoin Bear Market over? - page 9.

dimonstration

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Quote from: SAHASAN on November 20, 2023, 09:57:05 AM

Bitcoin BTC has no bear market cause it is started from 0.1 $ and current price is over 37000$ so I don't think bitcoin has any bear if price going down again then its just a correction or market manipulation due to trader manipulate for short time only.

You are using a general overview while the bear market is an indicator of a trend which describes a market that continuously falling for a certain period of time. I think you are trying to express that Bitcoin will continuously grow no matter what happened despite the market turns red.

You probably overlooked the context for the word bear market. This article https://www.investopedia.com/terms/b/bearmarket.asp will help you to fully understand its meaning.

SAHASAN

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Bitcoin BTC has no bear market cause it is started from 0.1 $ and current price is over 37000$ so I don't think bitcoin has any bear if price going down again then its just a correction or market manipulation due to trader manipulate for short time only.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

No one could ever really tell if the bear market was over. But, we should always expect a sudden dump in the price of Bitcoin. As we all know, the halving will occur next year, and it will take an additional year to take effect. It means that there are so many things that could happen. We should also expect FUD and manipulation of the price until we reach the next halving.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

What are your thoughts 🤔💭

The price dip in Bitcoin at this time is correction, not in any way does it signify a bear market. You should experience a bear season to know the difference between it and price dip. 2026 will afford you that experience. Back to the issue at hand, even if Bitcoin doesn't cross the $37k (it's at $37,250, already) level this November, I still count it to be in a bull rally. Everything points to that. The rally continues to speed up as halving draws near and that's what we're witnessing. So, don't panic. Do your purchase an hodl for the ride.

Yamifoud

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

The bear market is over IMO but never it says that we are already in a bullish trend. The current increase in price is not enough to consider that we are bullish already but the progress seems to be very positive for a greeny day. However, we can't expect the movement to go straight high as the dump is certainly going to happen whether we like it or not.

We still need to observe the movement of the market and also be updated with the news as this has a huge impact on the price and demand.
Next year is scheduled for halving, we probably see another pump.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

I can see that the market is in a good position currently and Bitcoin is having a positive price that has high chances to increase more and continue to surge high. And as long as there are no positive news that will hit the market and makes it suffer, then we can speculate that bitcoin price will continue to skyrocket.

However, we can't certainly tell that the bearish market is already over, and that any time of the day, bitcoin price may suddenly drop again because of market correction. But knowing bitcoin is too much volatile, then we can't continue to assume that bitcoin price will keep on moving up. Yes, the price may seem bullish but for sure we are not yet entering the bullish season but definitely, the market is heading for it especially that the assumed spot ETF approval and Bitcoin halving are coming near.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

I am pretty confident that the bear market is finally over. We could (probably) have some small dumps on the way, which are totally fine, actually are even a good thing, but I don't think we'll ever go below $25k again at this point. Right now we are at $37k, losing $10k, which is a lot, would mean going to $27k, which is already way above the number we saw after FTX's bankrupt.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 dont know for sure. We arent entering a bull phase even with a huge pumped happened in the past weeks. Maybe a correction is a must or a continous run would happened until the bitcon halving occurs, but theres a lot of speculation that this will be the biggest bull run if ever. Might as well do some dca on your favorite projects before thats happenned.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

If you ask my personal opinion, I think we are at the end of bear season. I mean we won't be able to drop below $25k-20k like some are expecting anymore, if the market corrects we will be in the $30k+ area, IMO. It's all just everyone's opinion and prediction, no one knows exactly what will happen, so I ask you to make your own judgment instead of depending entirely on other people's opinions. We should only take their opinions for reference, not rely on them and trust them without doing any research.

Magic-Money

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Bitcoin Bear market is still on the process of bull run session fluctuating, while waiting for the Bitcoin to complete the cycle in other to know Bitcoin uptrend session which is Bear market stage that many crypto investors are expecting.

EluguHcman

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This is why I must say one shouldn't lean on the Bitcoin predictioners.
The flexibility of Bitcoin volatility is extremely high to be predicted as long Bitcoin is a decentralized digital currency that is a global trend and widely adopted.
On just need to strive the crypto markets at taking advantages at all costs of what nature it is profefered either a bull run or a bear run.
It is either you hodl to increase your hodling value rate at bull runs or you buys/top up to your hodling at the volumes of bear running hopeful could be better chance to purchase at then.

This is why I am not moved neither by the bull or bear runs.
I only gazes at taking advantages on what courses of volumes.
At this juncture, I can say the bull run is over but not yet over. It could be greased to gear up an overnight.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

The bear season of bitcoin is likely to be over, because when you go through cryptocurrency chart you will notice that the greenish candles stick in the market chart is higher than the one of red candles sticks, so therefore I will like us to understand that since October 2023 bitcoin really changed sharp, so therefore I believe that bitcoin is on the Early stages of bullrun so we don't need to say that we are still in the bearish, and again we are approaching 2024 and we are expected for bitcoin price to skyrocket to higher levels in value than the way its rights now, so therefore, we should expect that the price of bitcoin should be going up again instead of falling.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 been on the green days for how long now. Though we need more confirmations that the bear is actually over. It may be safe to assume now that it has ended if this green days will continue before the halving.

Because after the halving it is normal that we see the beginning of the bull run by that time. Just expect that it is always going to be a trend that is unpredictable.

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Quote from: arhipova on November 20, 2023, 03:12:49 AM

Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

This gain in price recently probably happened because of this reason

https://cointelegraph.com/news/javier-milei-wins-argentina-presidential-election

With more positive news expected in coming months, we will only see upside from here in long term.

This news was just announced today while bitcoin's recovery and price increase has lasted more than 3 weeks. Furthermore, this will have a positive impact on investors in Argentina, but it will not have any impact on the market, Argentina is not a large market or a large influential economy affect the market. The hype over the past few days is due to news related to ETFs but also congratulations to Argentine investors because Javier Milei is a very bullish president on bitcoin.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

Bitcoin Price crossed 37k multiple times just this november which means you asked this so late
and yes until now we are sitting at 37k but yet falling to 36k from time to time so for me it is still hard to tell if we are
already at Bull market things that expected each December months of the year.
also I believe that Bear will still appear either late December or Early January next year so don't Bite that much
because you might taste the bitterness if expecting too much.

Zaguru12

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Quote from: moneystery on November 20, 2023, 03:29:36 AM

no one knows when the bear market will end because the market can change at any time, for example if tomorrow sec will cancel etf, maybe the price of bitcoin will be corrected, or if the sec approves the bitcoin etf it might boost the price of bitcoin. so everything is likely to happen to the market.

This is the case of the market currently, if you look at the entire year you will see that the bitcoin market has increased so with 120% and then the last two months on its own has had the market moved up 40% which shows that many people have bought into the ETF FOMO. For now as long as the the halving hasn’t happened I would say this swing of the market is bull trap. Right now the support level is at $34,500 to $35,000 while the resistance level seem to be at $37,200 to $37,800. This changes will remain until next where we will get the fate of ETF, should it be delayed more by the SEC I think we will see a large pull out by short time holders. For now I am in till 2025

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

Well, It's actually possible that the bear market for Bitcoin is coming to an end but the short answer to your question is that no one can say for sure if the bear market for Bitcoin is over because no one can predict the future of the market with 100% accuracy. It's possible that the recent price increase is a sign that the market is turning around but it's also possible that it's just a temporary rally and only time will tell whether the bear market is truly over. The only thing I can tell you is to accumulate more as you can if you have the means to avoid had I know in the end. Because if you keep on waiting for the price to drop further before you take action, you might wait longer and possibly miss the opportunity. Whether bear is over or not should not be the center of our discussion but rather how we can accumulate more into our wallet and wait for result after.

moneystery

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no one knows when the bear market will end because the market can change at any time, for example if tomorrow sec will cancel etf, maybe the price of bitcoin will be corrected, or if the sec approves the bitcoin etf it might boost the price of bitcoin. so everything is likely to happen to the market.

but i have an analysis that we are still in an unstable market, where the price of bitcoin can go down and rise, but if you look out in outline, the price tends to rise and if buying now is also not a problem, but still pay attention to the risk of price decline.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

No one knows what will happen in the future, anything can happen. So you need to have your own investment plan, always plan for the worst situations, don't be too subjective because we all know bitcoin's fluctuations are unpredictable.

I have been consulting with various investors on several social media platforms, some say we are in the pre-bullish phase and we will not drop below $30k again. But there are also some opinions that bitcoin will still have another round of dumping and could fall below $20k once again. In the market there are always two opposing sides and we will not know who is right and who is wrong. Therefore, you should do your own research and make your own decisions instead of following other people's advice because no expert can predict the future.

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Quote from: KFC786 on November 20, 2023, 12:32:33 AM

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 🤔💭

This gain in price recently probably happened because of this reason

https://cointelegraph.com/news/javier-milei-wins-argentina-presidential-election

With more positive news expected in coming months, we will only see upside from here in long term.

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