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Topic: Is the cryptocurrency market entering a bear month? (Read 438 times)

hero member
Activity: 2576
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I believe that march has been decent, people react as if we have been horrible but "not going up" is not the same as crashing. Just enjoy being on the ride, the result will be great and you will be happy but if you stress yourself out during the ride itself, then you are going to be not so happy when you reach there.

Just be happy that you are in crypto, and yes it is not going up a lot right now and yes you are not profiting a lot right now but that doesn't change the fact that we are in crypto and anything could happen any moment. Tomorrow we could wake up to 45k and it wouldn't shock anyone because we have seen things like that a million times.
member
Activity: 252
Merit: 45
People's margin of error is very high these days. Looking at these ups and downs, the right amount of investment in the right crypto should definitely be appreciated. Season 1 is a week bull week bear, I couldn't understand.
hero member
Activity: 2786
Merit: 606
Since I opened this issue, there has been a serious game play. After the covid crisis and the war between Ukraine and Russia, the stock markets turned upside down.
Panic sell will always come when the market is facing a big problem. This is pretty much the same situation when we first time heard about the covid pandemic was coming to the world. So many people are urgently withdrawing their money to fill their daily needs before the market would be getting out of stock caused by the pandemic. people must have stayed in their house for a very long time. The war was spreading a message if the possible thing about the war will be going to the another countries other than ukraine and rusia. That's why stock market is also facing down so hard during that time.
Unfortunately people still do not believe in crypto as a store of value for some reason. When there is a war, it could be in your nation or in any nation, putting your money into crypto is a much safer method than in any other thing you can think of. Whereas, many people start urgently withdrawing their crypto for some reason, I do not know why, I do not know how, but they keep doing that.

This is why I always end up saying that people still do not understand what crypto stands for. Few people who truly do understand it end up buying crypto no matter what happens in the world, could be covid, could be war, could be anything, we will run to crypto, not away from it.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
Since I opened this issue, there has been a serious game play. After the covid crisis and the war between Ukraine and Russia, the stock markets turned upside down.
Panic sell will always come when the market is facing a big problem. This is pretty much the same situation when we first time heard about the covid pandemic was coming to the world. So many people are urgently withdrawing their money to fill their daily needs before the market would be getting out of stock caused by the pandemic. people must have stayed in their house for a very long time. The war was spreading a message if the possible thing about the war will be going to the another countries other than ukraine and rusia. That's why stock market is also facing down so hard during that time.




When stability is achieved,
Not for now.


I expect peak rises in 25 coins in the stock market with serious investment attacks.
What do you mean with 25 coins? Did you mean crypto or stock? i had never seen coins in the stock market.
legendary
Activity: 3178
Merit: 1128
I can't see have potential with Solana coin have significant will grow up after bitcoin crash yesterday night and right now still drop on $39,200 and looks almost one day bitcoin can't growing up. I think not any potential for all altcoin although Solana as potential coins because depending with bitcoin price how keep stable with lower price or not, if tomorrow or next tomorrow bitcoin still stuck and stable under $39,000 not any possibility to see Solana and almost other altcoin on the top price, bad beginning again on March where usually have been many altcoin kinds make new all time high price.
Bitcoin price being low means a bit of trouble for most projects. However, if a project can rise even during a bad period, you know that it is going to be easy to make money with it. I have to say that there is absolutely nothing that is wrong with investing in a project and expecting it to do well even in a bear market. How could it do that? With development and marketing.

If there is a huge news about it, the price could go up, if there is a new development on it, it could still go up. For example, axie infinity team is working on a new game and it is about to be ending very soon, it has dropped a lot under the old one, and people are expecting the new one to recover that loss. Even if it is a bear market, the new game could see the price go up.
member
Activity: 252
Merit: 45
Crypto market has been a fluctuated market, we have always seen record dump or pump in this market. After highest pump BTC has never been ajusted at any price or you can say that Bitcoin has not played at 25k to 30k for a good period. May be a time has come. Not a month may be whole year going to bear market but history says market has always returned in same year so let's see what we can see in last 2022. Testing period going for CRYPTOCURRENCIES.


In my opinion, a balance for cryptocurrencies cannot be achieved in this crisis period. There is a crypto market going according to BTC, and there is a serious fluctuation in BTC. but this is also a serious income source. Are you aware of that? Buy when falling and sell when leaving.
copper member
Activity: 770
Merit: 1
Crypto market has been a fluctuated market, we have always seen record dump or pump in this market. After highest pump BTC has never been ajusted at any price or you can say that Bitcoin has not played at 25k to 30k for a good period. May be a time has come. Not a month may be whole year going to bear market but history says market has always returned in same year so let's see what we can see in last 2022. Testing period going for CRYPTOCURRENCIES.
legendary
Activity: 2520
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
I additionally saw one more coin that went as high as possible yesterday like solana, despite the fact that it has quit rising however this coin didn't encounter a major decay like siphoned coins overall. I don't believe that there's negative information about bitcoin and that is the reason the cost is failing. We actually have hardly any insight into the following month assuming the bear market is as of now in. I discussed the market impression in light of the decreases in the crypto market and the developments of two significant cryptos. A comparative methodology was likewise taken in China about cryptos.
I can't see have potential with Solana coin have significant will grow up after bitcoin crash yesterday night and right now still drop on $39,200 and looks almost one day bitcoin can't growing up. I think not any potential for all altcoin although Solana as potential coins because depending with bitcoin price how keep stable with lower price or not, if tomorrow or next tomorrow bitcoin still stuck and stable under $39,000 not any possibility to see Solana and almost other altcoin on the top price, bad beginning again on March where usually have been many altcoin kinds make new all time high price.
hero member
Activity: 2898
Merit: 520
Leading Crypto Sports Betting & Casino Platform
Since I opened this issue, there has been a serious game play. After the covid crisis and the war between Ukraine and Russia, the stock markets turned upside down.
FUD everywhere and people are not focusing to invest and the price of commodities are also increasing a lot since the invasion. This is also triggering more and more crisis to come. The battle between any countries will create more fear.


When stability is achieved, I expect peak rises in 25 coins in the stock market with serious investment attacks.
So the question is when? Bitcoin seems get a huge impact caused by these crisis. The price of bitcoin is jumping and down drastically. You can't expect this situation will make the price of those coins to increase. '
When people are still in the fear and they will be thinking about how to survive rather than try to go all in into the tokens or stock market. They are playing safely unlike when the crisis has not yet happened.
hero member
Activity: 1260
Merit: 504
I additionally saw one more coin that went as high as possible yesterday like solana, despite the fact that it has quit rising however this coin didn't encounter a major decay like siphoned coins overall. I don't believe that there's negative information about bitcoin and that is the reason the cost is failing. We actually have hardly any insight into the following month assuming the bear market is as of now in. I discussed the market impression in light of the decreases in the crypto market and the developments of two significant cryptos. A comparative methodology was likewise taken in China about cryptos.
sr. member
Activity: 1974
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
For short-term goals, it is necessary to calculate a clear risk-reward ratio. Thorough research, monitoring of price movements, and periodic review of holdings are required to cut losses based on risk appetite. But the market's recent movements are unpredictable, so I think this time, new investors should limit the use of leverage on margin and futures.

Although I am quite confident in the market, I honestly feel that at this stage it is not advisable to bet too much on the markets. Perhaps the biggest risk effect is that the Fed reduces easing in the future.
hero member
Activity: 1750
Merit: 520
Leading Crypto Sports Betting & Casino Platform


At the moment we can't talk about bear month anymore, but we should be wondering if it's bear year.  Roll Eyes
I have a feeling that the long bear season has come like 2018. It was the worst time I've ever had, everyone left the market.


I think it hasn't happened yet. bitcoin still survives and altcoins like ethereum/bnb are still the same. despite the madness of the russia-ukraine war, the crypto market is still doing pretty well, i'm sure of it. it's only a matter of time until the bull start again.
Yeah, hope I'm wrong. Because the current market is very different from 2017, with the legalization and investment of billionaires in the increasingly common market. The market will no longer have a long bear season.
Yesterday, bitcoin surged more than 10% after it was reported that the president biden made a positive statement about the crypto. That is an optimistic signal for the upcoming market.
hero member
Activity: 2184
Merit: 718
Even though it hasn't reached the peak yet, almost the 10 best cryptocurrencies are now starting to rise in price and giving a green light.
And this indicates that there has been an increase in the current crypto market and this has nothing to do with the war between Ukraine and Russia.
The effects of the war conflict between the two countries do exist, but the effect on the cryptocurrency market is not much and only a little because when the war starts it could be that investors from Russia try to save their assets by selling some Bitcoins and altcoins so that the market looks red with graphs showing down and now maybe the old investors have re-entered the market by making some purchases on Bitcoin and altcoins which has also made the market green again with the increase in the prices of all coins.
hero member
Activity: 2786
Merit: 578
I am not sure if the future is still bearish though. I mean during that period we had bearish tendencies I will give you that one, even though we rose to 42k+ plenty of times as well, it never broke over 50k and that means it was never bull, and would I call it bearish? No, I would not, but I understand the ones that do.

Unfortunately in crypto, when price drops, that is bearish and that is true for everything but for some reason when it doesn't recover, people still keep calling it bearish. If something falls from 68k to 40k, that is bearish, if it stays at 40k and around for months that is not bearish, that is just stagnant and there is a big difference between them.
It's like a balanced motion for bitcoin.

People tell that when bitcoin goes below $30k and it's bearish. Now that we've entered $40k-$42k so fast, it's no longer bullish. I mean that the justification always goes with the price because it is.

But even with speculations and analysis, everyone still goes around with the idea that it's unpredictable.
hero member
Activity: 2772
Merit: 634
I am not sure if the future is still bearish though. I mean during that period we had bearish tendencies I will give you that one, even though we rose to 42k+ plenty of times as well, it never broke over 50k and that means it was never bull, and would I call it bearish? No, I would not, but I understand the ones that do.

Unfortunately in crypto, when price drops, that is bearish and that is true for everything but for some reason when it doesn't recover, people still keep calling it bearish. If something falls from 68k to 40k, that is bearish, if it stays at 40k and around for months that is not bearish, that is just stagnant and there is a big difference between them.
full member
Activity: 2408
Merit: 212
★Bitvest.io★ Play Plinko or Invest!


Bitcoin;
The unsettling price movements of BITCoin caused negative news from some corporate executives.

In the most recent report published by Bloomberg, he stated that Bitcoin, which has shown a downward movement recently, is still in the Bull market and is going through a temporary consolidation phase. He claimed that BTC would manage to break out of the range of 40 thousand and 70 thousand dollars and reach a higher price.

Key support levels for BTC are 45782/46924; important resistance levels are foreseen as 49877/51237.

Ethereum;
ETH continues to sell at 3900 levels, losing its struggle at the $ 4000 level.

ETH, the captain of altcoins in 2021, outperformed BTC.
While ETH showed an increase of 530% during the year, BTC is about to complete the year with an increase of 61%. While the important support level for ETH is 3770/3820, it can be seen as 3965/4115 as the resistance level.

After all this and after the FED fixes the interest rates, can the Crypto market be expected to switch to a Bear? What are your views on the subject?



Yes it is, from your post onward ? the market enters bearishness and up to now? market is still in that situation and we can feel than on how many currencies responding to the movement now.
wondering how long this could be?
this will run the whole year? or even the next like what happen back in 2017 when 2018 and 2019 becomes super bearish for Bitcoin . but worth trusting for altcoins  lol.
sr. member
Activity: 1988
Merit: 283
despite the madness of the russia-ukraine war, the crypto market is still doing pretty well, i'm sure of it. it's only a matter of time until the bull start again.
true and that's base on my observation as well by checking the market everyday to choose which coin to trade on the current situation, wherein i always noticed that bitcoin always doing good this month despite of the situation in other country.

For me although there are some fluctuation at the moment surely this month is the month that bitcoin will gonna start to show a positive sign of bullrun...

Infact the structure is still good at the higher time frame, so i don't think bear will stay long on this month.
full member
Activity: 529
Merit: 101
Since I opened this issue, there has been a serious game play. After the covid crisis and the war between Ukraine and Russia, the stock markets turned upside down. When stability is achieved, I expect peak rises in 25 coins in the stock market with serious investment attacks.

Even though it hasn't reached the peak yet, almost the 10 best cryptocurrencies are now starting to rise in price and giving a green light.
And this indicates that there has been an increase in the current crypto market and this has nothing to do with the war between Ukraine and Russia.
sr. member
Activity: 1008
Merit: 250
I discussed the market impression in light of the decreases in the crypto market and the developments of two significant cryptos. A comparable methodology was likewise taken in China about cryptos. This stopped the alt coin market, bitcoin was at that point captured. Time for a rest. Hold tight, dress warm, keep the confidence.
sr. member
Activity: 533
Merit: 250
Currently the market is slowly improving again where coins that have a high market capitalization and which have strong fundamentals have started to creep up, such as BTC, ETH, and BNB, have started to rise from adversity, but until now I think the crypto market has not entered into in a bear market, because most of the tokens or coins are still at the bottom of the chart, but if we have seen bitcoin have started to rise then most likely other coins will also start to increase.
member
Activity: 252
Merit: 45
Since I opened this issue, there has been a serious game play. After the covid crisis and the war between Ukraine and Russia, the stock markets turned upside down. When stability is achieved, I expect peak rises in 25 coins in the stock market with serious investment attacks.
hero member
Activity: 1316
Merit: 731
Leading Crypto Sports Betting & Casino Platform
I don't think the war has been the main cause of the price drop over the past few months. Bitcoin price trends to gradually decrease towards the end of 2021 and continuously correct but the battle only started 2 weeks ago.
Now the improvement has started to show again over the past few days so the market conditions have started to look better again for now and I personally also hope that this has nothing to do with the war issue so that the market can be good in the very long term.
hero member
Activity: 2870
Merit: 574
I don't think the war has been the main cause of the price drop over the past few months. Bitcoin price trends to gradually decrease towards the end of 2021 and continuously correct but the battle only started 2 weeks ago.
I also have the same opinion as you because after the highest price reached by bitcoin, the price tends to decrease and this may continue for a while.
It could be that after yesterday's highest price, we have started to experience a bear market phase where bitcoin and altcoin prices continue to decline.
It could also be temporary and getting the adjustment for a while. After that, the price could rise again towards the middle of this year.
Or another scenario that can also happen is the price of bitcoin will go sideways while the price of altcoins will fluctuate more quickly.
hero member
Activity: 2632
Merit: 833
Sorting from the date you created the thread to today, the price of Bitcoin, ETH and other cryptos tends to fall (Bearish). This shows that from December 2021 to March 2022 we can call it a bearish period. This is also influenced by various factors of course, bad news (FUD), policies related to interest rates from the FED, the war, technical factors that require Bitcoin to make price corrections after reaching its latest ATH.

My view regarding the decline in the price of Bitcoin, indicates that we are entering a bear market session. Of course, when the market experiences a decline, it is the right time for us to buy back or accumulate again.

However, it is necessary to watch out whether the current $38k - $39k level can hold as strong support or not, if the worst case is that the price level is unable to withstand the selling pressure of the market then we can visit $28k again. We should also hold money in the form of stable coins as a means for us to accumulate and buyback. Good luck

Crypto (bitcoin) cycle is the answer here. And so far it proves that bitcoin really have this 4 year cycle. So last year 2020 was the end of the bull cycle so obviously, hitting ATH, then it followed by a big drop and so we are now in the bear market.

We even have difficulties to breach $40k and get over the price of $50k. That's how the bear market is, price is really fluctuating hard to the down size.
hero member
Activity: 1750
Merit: 520
Leading Crypto Sports Betting & Casino Platform
I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
There is no need to panic because of this because the market will return to the path that many people want, especially investors because investors are also not happy to see the current market conditions so they prefer to wait rather than make another investment in a hurry.

Unfortunately, in my opinion, there is no doubt that it is a bear market. The usual correction can take two to three weeks, but if it is three months, we have to admit that the trend is downward. Of course, I hope that it will change as soon as possible, but we also cannot pretend that the war in Europe will certainly not have a negative effect on this.
I don't think the war has been the main cause of the price drop over the past few months. Bitcoin price trends to gradually decrease towards the end of 2021 and continuously correct but the battle only started 2 weeks ago.

At the moment we can't talk about bear month anymore, but we should be wondering if it's bear year.  Roll Eyes
I have a feeling that the long bear season has come like 2018. It was the worst time I've ever had, everyone left the market.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
Sorting from the date you created the thread to today, the price of Bitcoin, ETH and other cryptos tends to fall (Bearish). This shows that from December 2021 to March 2022 we can call it a bearish period. This is also influenced by various factors of course, bad news (FUD), policies related to interest rates from the FED, the war, technical factors that require Bitcoin to make price corrections after reaching its latest ATH.

My view regarding the decline in the price of Bitcoin, indicates that we are entering a bear market session. Of course, when the market experiences a decline, it is the right time for us to buy back or accumulate again.

However, it is necessary to watch out whether the current $38k - $39k level can hold as strong support or not, if the worst case is that the price level is unable to withstand the selling pressure of the market then we can visit $28k again. We should also hold money in the form of stable coins as a means for us to accumulate and buyback. Good luck
legendary
Activity: 1512
Merit: 1005
I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
There is no need to panic because of this because the market will return to the path that many people want, especially investors because investors are also not happy to see the current market conditions so they prefer to wait rather than make another investment in a hurry.

Unfortunately, in my opinion, there is no doubt that it is a bear market. The usual correction can take two to three weeks, but if it is three months, we have to admit that the trend is downward. Of course, I hope that it will change as soon as possible, but we also cannot pretend that the war in Europe will certainly not have a negative effect on this.

At the moment we can't talk about bear month anymore, but we should be wondering if it's bear year.  Roll Eyes
legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
I would avoid making grand decisions based on one months movement. Maybe march will be a bad bear month, maybe it will be a bull month, but whatever happens this month, unless you are a big day trader and big swinger, then I would avoid that as much as I could. Just do not make monthly decisions, if you get out now and get back a month later, that is not a good decision to have, just stay and wait for it, get in with the liquidity you have and that's it.

I get the day trader, you buy now and sell 15 minute later and rebuy again 2 hours later, that's understandable and it is a profession. But, if you can wait a whole month, you can wait a few more months as well.
legendary
Activity: 2408
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Leading Crypto Sports Betting & Casino Platform
I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
We still don't know if the market is really a bear season or just a temporary one, but this is part of the market so get used to it. Instead of panicking, a bear market is an opportunity for us to fill our portfolios with low prices. The market falls and then rises, so the only thing we do is prepare as much USDT as possible, when the market drops we go shopping.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
There is no need to panic because of this because the market will return to the path that many people want, especially investors because investors are also not happy to see the current market conditions so they prefer to wait rather than make another investment in a hurry.
member
Activity: 252
Merit: 45
I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
full member
Activity: 1190
Merit: 108
Right now I have sold half of my assets into USDT, just in case the market becomes bearish, because its approaching Christmas and New Year event, there will also Chinese New Year behind it, so this is my preventive measure against big losses if the market switches to be bearish trend because the things I mentioned above.

Actually the chance of BTC market to be bearish is small, because there is so much support above $30k, but we don't know what the whales will do, so I'm just prepared for the worst scenario.
hero member
Activity: 2912
Merit: 629
All of this indicates that people are busy buying gifts for families and are not investing in cryptocurrencies. The Christmas time is always very specific and it is difficult to predict anything. However, this year we can say with certainty that December is rather one of the weakest months this year. We will probably have to wait until the new year for the next price increases.
We're almost in holiday season already and its understandable if investors are taking profit to spend for this season. Majority of cryptos are declining right now but I dont think its already the start of bearish market. Few months ago after the ath, Bitcoin's price plunged below $40k level but the price managed to recover back and reach another ath again.

I think we cant see a major pump of the market for this month but it might happen early next year as the start of the first quarter. Its still uncertain but anything unexpected can happen so I believe bullish season will take place again.
sr. member
Activity: 1554
Merit: 260
All of this indicates that people are busy buying gifts for families and are not investing in cryptocurrencies. The Christmas time is always very specific and it is difficult to predict anything. However, this year we can say with certainty that December is rather one of the weakest months this year. We will probably have to wait until the new year for the next price increases.
full member
Activity: 694
Merit: 108
santacoin.io
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.
It seems like this December is the bearish one because the entire cryptocurrency market is not looking convincing. If you look at the bitcoin and altcoins market prices you may notice their prices are all going down except a few lucky ones indeed. I think the major reason behind that was the massive sell-up by the investors before the Christmas holiday. 
full member
Activity: 2128
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The Crypto-currency market is already bearish, the bullish run has been amazing for those that took profit. For anyone that bought Ethereum last year and is still holding, such a person wouldn't worry about the current bearish outlook. Ethereum and BNB are my two favourite altcoin to accumulate.
During this time of bear market, for me investing on a good project is the key to survive and having such good coins on your wallet can be a big help to make profit for you. I also love ETH and BNB, they are exceptional and they are good, this bear market wont last longer expect for the price to reverse.
member
Activity: 756
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We All Can Make It
The Crypto-currency market is already bearish, the bullish run has been amazing for those that took profit. For anyone that bought Ethereum last year and is still holding, such a person wouldn't worry about the current bearish outlook. Ethereum and BNB are my two favourite altcoin to accumulate.
sr. member
Activity: 1988
Merit: 283
Obviously mate its already in the bear and infact there's already a big changes after all time high, so accept the fact and don't overthink when it comes the current situation because its a normal situation ever since before. I mean after the all time high there's a correction. so just relax because it willl last as well like what always happen. Patience is a must! Just accumulate if you have free money because its a big opportunity to buy right now..
full member
Activity: 1568
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COMBONetwork
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.
To make sure it's better we just see in the early months of 2022 later,
there is no need to panic when entering bearish and that is a normal condition,
the most important thing right now is to keep up with developments and hope for the best
hero member
Activity: 1680
Merit: 505
Looking at the annual chart, it can be concluded that we are still in an upward trend, and the current situation is only a temporary drop in price. However, in shorter time frames, the situation is less positive. The volume is very small, which may indicate little interest from investors and, unfortunately, the next step may be further price drops. Unfortunately, it is not known how long it may last.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
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.
legendary
Activity: 3738
Merit: 1708
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.
copper member
Activity: 770
Merit: 1
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.
sr. member
Activity: 1666
Merit: 267
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 $45k.
Hopefully in early 2022 the price of Bitcoin can recover, so that altcoins prices will also recover. Indeed, there is not much we can do right now,
apart from remaining patient waiting for the market to recover.
member
Activity: 1274
Merit: 10
I will sell all my altcoins if the price of bitcoin falls below 30,000$ 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.?
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
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: 2254
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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.
hero member
Activity: 2254
Merit: 831
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.
hero member
Activity: 2604
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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  Wink
newbie
Activity: 3
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I am bullish
hero member
Activity: 1792
Merit: 507
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.
member
Activity: 252
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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.
member
Activity: 252
Merit: 45
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.
member
Activity: 252
Merit: 45
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.
full member
Activity: 673
Merit: 105
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.
full member
Activity: 378
Merit: 135
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.
full member
Activity: 854
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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.
hero member
Activity: 938
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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
full member
Activity: 2002
Merit: 175
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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 .
full member
Activity: 1024
Merit: 100
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.
newbie
Activity: 82
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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
legendary
Activity: 2240
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eXch.cx - Automatic crypto Swap Exchange.
After all this and after the FED fixes the interest rates, can the Crypto market be expected to switch to a Bear? What are your views on the subject?

We have already reached the peak of the bull cycle, anything else now is just a one last attempt by the whale to manipulated the market to a much higher high so they can offload their coins and wait to rebuy at a much lower price. Watch the market, it's struggling and another negative news now can cause the market to correct massively. Ethereum is falling and many alts has already lost a significant amount of their value.

Right now it's the institutional investors that are still keeping the sentiment positive, a sell move from them would cause a panic and the market will crumble. This wasn't what we were expecting as everyone believe the $100K price value was possible for bitcoin in this bullrun but it seems that won't be happening and even though it does, it won't last just at the $20k value didn't in 2017. We just have to prepare ourselves as the bear has already began but we don't just want to accept it yet.
member
Activity: 252
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I don't think that there's negative news about bitcoin and that's why the price is tanking. We still don't know about next month if the bear market is already in.
But what we know is that we're just moving slowly and if this tanking continues then everyone is assuming that we're already entering the bear market.
Somehow when bitcoin plummet below $30k, we thought that it was the start of the bear market.

I don't think you understood what I wrote correctly. I talked about the market impression based on the declines in the crypto market and the movements of two important cryptos. A similar approach was also taken in China about cryptos.
If there is a positive atmosphere contrary to what I have said, I would like you to share it. Now, BTC is 60 thousand dollars and ETH is 5000 dollars, I wonder if I can't see it!! Smiley
hero member
Activity: 2912
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Vave.com - Crypto Casino
I don't think that there's negative news about bitcoin and that's why the price is tanking. We still don't know about next month if the bear market is already in.
But what we know is that we're just moving slowly and if this tanking continues then everyone is assuming that we're already entering the bear market.
Somehow when bitcoin plummet below $30k, we thought that it was the start of the bear market.
member
Activity: 252
Merit: 45


Bitcoin;
The unsettling price movements of BITCoin caused negative news from some corporate executives.

In the most recent report published by Bloomberg, he stated that Bitcoin, which has shown a downward movement recently, is still in the Bull market and is going through a temporary consolidation phase. He claimed that BTC would manage to break out of the range of 40 thousand and 70 thousand dollars and reach a higher price.

Key support levels for BTC are 45782/46924; important resistance levels are foreseen as 49877/51237.

Ethereum;
ETH continues to sell at 3900 levels, losing its struggle at the $ 4000 level.

ETH, the captain of altcoins in 2021, outperformed BTC.
While ETH showed an increase of 530% during the year, BTC is about to complete the year with an increase of 61%. While the important support level for ETH is 3770/3820, it can be seen as 3965/4115 as the resistance level.

After all this and after the FED fixes the interest rates, can the Crypto market be expected to switch to a Bear? What are your views on the subject?


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