Topic: Is the cryptocurrency market entering a bear month? - page 3. (Read 514 times)
Maybe bear month in next circle is on early months of 2022. If price keep dumped or getting worst at it maybe i will say that it is on bear trend. Because to decide trend itself need more time than a days, but if want to make action it is worth too, if want to hold stable coins until market in a good condition, it is not a bad idea too.
It’s hard to predict when we are in a bear market until it’s too late. Think of 2017-2018 as an example. We were all bullish up until Nov 2018 when $6K finally broke. And then obviously we were in a bear market however that would not be the time to short or sell.
It quickly went to $3.1K and that was eventually the low. Most back then were thinking it would go to $1K and they were all shorting at $3K. And the rest is history. Basically it never returned to that level.
So it’s difficult to tell when we are in a bear market or not.
It quickly went to $3.1K and that was eventually the low. Most back then were thinking it would go to $1K and they were all shorting at $3K. And the rest is history. Basically it never returned to that level.
So it’s difficult to tell when we are in a bear market or not.
Yes I think market is taking a hard correction and it will go down more so it is very important to not take any trade. Bitcoin price can go to 30k something if this happen then all will get huge setback who enterd in market now. Money should be transferred in stable coins and when market get stable then we can take grand entry. All in all market is looking in bad position so lets see what is going to happen.
I will sell all my altcoins if the price of bitcoin falls below 30,000$ is the position I will keep my assets in USDT for sure. For now, there are still many support positions for 30k and above, which can be said that the bullrun will continue if it doesn't reach 30k$ and below. fixed on the founders of their respective corrections.?
It's true this month the market looks to continue to decline, but don't forget that this year also many institutions joined for long-term investment
in Bitcoin. So I am optimistic that the Bitcoin price will not fall below the $30k price, even if it drops below the $40k price it's very unlikely to happen.
So I chose to hold some of the coins I have now, my prediction is that until the end of this year the Bitcoin price will still be above $45k.
Hopefully in early 2022 the price of Bitcoin can recover, so that altcoins prices will also recover. Indeed, there is not much we can do right now,
apart from remaining patient waiting for the market to recover.
I will sell all my altcoins if the price of bitcoin falls below 30,000$ is the position I will keep my assets in USDT for sure. For now, there are still many support positions for 30k and above, which can be said that the bullrun will continue if it doesn't reach 30k$ and below. fixed on the founders of their respective corrections.?
Yesterday, I was reading an article which was stating the reasons for the recent sell off of bitcoin which in turn, has affected most altcoins as well, though I currently can't remember the website where I was reading this article, but personally, I think that what also contributed to the sell off is the festive season coming up, it is common sense that people are gonna need money to spend in Christmas and new year, for those who don't have extra, they are likely to sell off some part of their crypto holdings to enable them raise money for this festive period, am assuming that as soon as we enter the new year, as from middle of January, by then, we can tell for sure if we have slipped into a bear crypto season or not.
It's always the case when there are celebrations that are about to come, there's always the sell offs and the whales are riding it on. We'll see it then by next year if there's a call for entering the bear market. But if not, there's no need to worry and if we see these points are good for buying.Hopefully the others too, because if they don't then that means that they're not seeing that buying opportunity.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Yesterday, I was reading an article which was stating the reasons for the recent sell off of bitcoin which in turn, has affected most altcoins as well, though I currently can't remember the website where I was reading this article, but personally, I think that what also contributed to the sell off is the festive season coming up, it is common sense that people are gonna need money to spend in Christmas and new year, for those who don't have extra, they are likely to sell off some part of their crypto holdings to enable them raise money for this festive period, am assuming that as soon as we enter the new year, as from middle of January, by then, we can tell for sure if we have slipped into a bear crypto season or not.
If you don't see bear months, you won't see bull months. It is how market works and more interestingly if you see a fact that if you zoom out, bear months which happened years ago, now look like very minor changes on Bitcoin price chart in general.
Let's discuss about current month, it seems we will have not good month which might not have higher close price than open price of December 2021. However and fortunately, from on-chain analysis and yearly candles, we have still been in a big yearly bull run that does not reach a wave 5 of Elliot.
I could be wrong but people are discussing about wave 5 of Elliot for this bull run but I am looking for a wider picture, with yearly candles. In my opinion, we might have a few coming years that are very bullish. Probably we might have big correction in 2024 or 2025.
Let's discuss about current month, it seems we will have not good month which might not have higher close price than open price of December 2021. However and fortunately, from on-chain analysis and yearly candles, we have still been in a big yearly bull run that does not reach a wave 5 of Elliot.
I could be wrong but people are discussing about wave 5 of Elliot for this bull run but I am looking for a wider picture, with yearly candles. In my opinion, we might have a few coming years that are very bullish. Probably we might have big correction in 2024 or 2025.
This month, we still have to face a bear trend for the crypto market so you do not have to panic while preparing yourself for the next bull market because the bear market will not last long and the trend will change to the bull market. Once the crypto market changes into the bull market, you will be back and have a chance to make a profit. So if in this month, we are entering the bear market, what do you want to do? Do you just want to regret it because you are not yet sold all of your coins at a high price? Or do you still want to wait for the next bull market? The choice is up to you 
I am bullish
first i was bullish but now I believe we are in a bear market now. Ethereum has made it clear they probably won’t be ready to merge till summer. This halted the alt coin market, bitcoin was already arrested. Time for a nap. Hold tight, dress warm, keep the faith. Next spring will be good for us
Hi,
After breaking the ETH resistance point, I think next spring will be good for us. everyone's expectation is to enter a Bull market by the end of December.
@Sweetbtc suggests that the opposite will happen. That what we are observing now is the beginning of a several-month bear market. In my opinion, if it is a bear market, it will either be shorter - about 2 months, or much longer - minimum about a year.
first i was bullish but now I believe we are in a bear market now. Ethereum has made it clear they probably won’t be ready to merge till summer. This halted the alt coin market, bitcoin was already arrested. Time for a nap. Hold tight, dress warm, keep the faith. Next spring will be good for us
Hi,
After breaking the ETH resistance point, I think next spring will be good for us. everyone's expectation is to enter a Bull market by the end of December.
If we entered below 40k and we don't win it back, we'r in a bear market. Simple as that, write it down OP
this is an extremely valuable and parallel comment on the subject I shared.
A Bearish start can be considered if BTC falls below $40,000. BTC is now at 47 thousand dollars and if it goes above 50 thousand, I think it will be the beginning of a bull month.
I think the market after correcting at $42k is still trying to generate the right momentum to push for a bull cycle. The recent short swings suggest a bear -market , alternating is sustained accumulation - increase, 44k signaled a hard support establishment. Compared to the correction in May, the signal levels show a larger support momentum. So my guess is that the market will have to head to the diagonal - bullish before Christmas.
I'm getting the bull market signal too. In the topic I opened, I shared the estimated stock market movement based on the comments made. my aim was to analyze the comments of knowledgeable people who already follow the work like you.
Thanks mate for your contribution.
I think the market after correcting at $42k is still trying to generate the right momentum to push for a bull cycle. The recent short swings suggest a bear -market , alternating is sustained accumulation - increase, 44k signaled a hard support establishment. Compared to the correction in May, the signal levels show a larger support momentum. So my guess is that the market will have to head to the diagonal - bullish before Christmas.
We are not there yet but we have been inching closer to entering what could be a bear market every time we test support and do not bounce higher I start to get worried. It also is much more apparent that crypto is tied more to the stock market than ever so if we start seeing increased selling pressure next week and into Christmas, we very well could be entering a bear market in crypto that I would suspect last much longer than a month or two. I certainly hope that is not the case but the price actions has not been good the last month.
first i was bullish but now I believe we are in a bear market now. Ethereum has made it clear they probably won’t be ready to merge till summer. This halted the altcoin market, bitcoin was already arrested. Time for a nap. Hold tight, dress warm, keep the faith. Next spring will be good for us
Anything above 40k is still a bullish market, some whales are trying too hard to push the price upward but the bear market is dragging so hard and at the moment we are in-between bear and bull markets. Whatever happens next will determine the direction the market will go. 
first i was bullish but now I believe we are in a bear market now. Ethereum has made it clear they probably won’t be ready to merge till summer. This halted the alt coin market, bitcoin was already arrested. Time for a nap. Hold tight, dress warm, keep the faith. Next spring will be good for us
Until now I still believe that the current situation is just a correction. and there is no sign that the reversal trend is about to start. when viewed from technical indicators, so far bitcoin has not touched the point of support. and other big coins also look the same, ethereum is still quite stable, bnb is the same even though it has experienced a decline in recent days but not too big. I also noticed another coin that went up high yesterday like solana, although it has stopped rising but this coin didn't experience a big decline like pumped coins in general. so this adds to my confidence that the market is still fine.
Correction happens only in short process and this will not take month long before the price being corrected.But we are months ago when the Lowest price recorded the market and that is when the value drops down to below 30k.
and then it was corrected and almost break 60k again.
now we are settling in the 45-49k in which i think almost sign of entering Bearish market.
If we entered below 40k and we don't win it back, we'r in a bear market. Simple as that, write it down OP
This happens last month but yet did not made a Bear time . 
Until now I still believe that the current situation is just a correction. and there is no sign that the reversal trend is about to start. when viewed from technical indicators, so far bitcoin has not touched the point of support. and other big coins also look the same, ethereum is still quite stable, bnb is the same even though it has experienced a decline in recent days but not too big. I also noticed another coin that went up high yesterday like solana, although it has stopped rising but this coin didn't experience a big decline like pumped coins in general. so this adds to my confidence that the market is still fine.
Jump to: