Topic: Just how bad is the bear demand right now (Read 825 times)

What we do expect? People would be always having to say on the time that they are experiencing specially on a dumping market which it isnt really that shocking nor surprising because its a normal reaction on a market something like this on which it is really that truly that unpredictable. Bear market is really that a common cycle on a market on which it would really be just that normal that we would really be having that kind of condition since a market couldnt really be just uprising forever. There's always a correction or crashes on which its never something that new into this crypto space.

Instead on freaking out, it would be much more wise if you would really be having that kind of step on which you would be accumulating those coins while they are still cheap.
People do only make out such decision on the time that the market is already recovering which it would really be leaving out that kind of regret which is really that common.

Just looking back though, the OP created this thread at the beginning of the year. Of course last November 2022 we have the lowest low, the bottom price at $15,500. So maybe the OP is just ranting or that's what the prevalent sentiments that time. Although at the end of January we have a upswing of like 40%++ so that is huge already that time.

But we continue, hard and grind and very painful and slow uptrend in the next six months or so. But after that look at where we at today, we've double what's the bottom price of this bear market. And we can say that the bear market is not that bad after all as it has given us time to accumulate and at the same time the experience specially for newbies could be eye opening. But at least with just another six months or more, we are going to survived it as we have the block halving and then the eventual bull run. So for everyone? just hang on tight.

What do you have to say at this point and with the current Bitcoin price and how it intends to changeon a constant basis due to that instability bitcoin prices tend to go up and down regularly and when this thread was created,  bitcoin was facing a major market crisis with FTX and the rest of it.


But even at that Bitcoin was able to make a price recovery to the current price there have been a lot of recoveries in the current price of above 30k.

Individuals always learn from their past and so realize that in previous Bull season you did not get anything so surely you will get maximum amount of profit during coming Bull season and we all are waiting just for halving because the price will be more profitable than current one. All those individuals who used some amount in Bitcoin or other asset will definitely get benefit because every other coin is related with bitcoin so what will happen with bitcoin will definitely have same impact on other coins.

You have to just uses amount of money in Bitcoin and its does not matter that how much you utilize, its lower or higher does not matter because you will put that amount which you can. This is true that larger sum will have greater benefits but if you don't have large sum to put in bitcoin then less sum is enough because everyone cannot afford larger sum for investment.

Bear market is not new to use sometimes it is very bad and sometimes it is good,it is good because we can have an opportunity to have more coins in a very los price we can hold more good coin in a very small capital,it is sometimes bad because if we already by coins it can be down and it only depends on our patience if we dont have patience we will surely loss but if we have patience we will earn.

The market has continued to decline since the last 5 days, this of course makes us worried that the market will fall again below $ 20k, many people are too afraid to invest in crypto because there are so many FUDs spread on the internet, even a lot of FUDs are organized and seem to be funded haters.

The market is now making us often confused because when the price looks going up but what happens is the price decreases, at first I like to make Bitcoin for daily trading, unfortunately the current conditions are very difficult and I'm more focused on long -term hold, we are waiting for halving day and me Sure prices will increase 2 or 3 times than the current price.

The current bear market situation in the second quarter of this year is not that bad when compared to the price of bitcoin last year. At least the price of bitcoin is presently bouncing between $26k and $30k, which is beneficial and provides an opportunity for investors who want to add additional bitcoin to their portfolio in anticipation of the bull run season or who want to temporarily adopt the DCA method.

bad altcoin prices? which altcoins? I see that the price of ETH BNB and other major altcoins is still in normal condition, and the percentage increase or decrease in price is not far from bitcoin. I don't think we can say all altcoin prices are bad just because some altcoin prices have plummeted.

I think we’re more likely to see a run up to the halving event and then a correction after as investors take profits. Usually takes a while before the big bull kicks off.

As for the thread topic, I’m shocked how much bullish demand there is at the moment with all things considered. I’m surprised we’re back above $27K again already.

From my own understanding and observation in Bitcoin price I believe that bitcoin will not go higher than forty thousand  [40k] this year in price and the falling of Bitcoin will not go below twenty thousand [20k] if we are expecting the price to go higher that should be in Year 2024 that will experience another bullish market in cryptocurrency so I believe that this is when we can have a bullish market but this is the actual periods whoever that is a good investor should we invest their money by buying bitcoin now and keep against the next bullish market off Bitcoin

The global economic conditions which are in recession are likely to be the cause of the decreased demand for bitcoins, but we must be optimistic that the beginning of 2024 will be a halving day which will increase demand so that prices can set new ATH records again, I'm sure the end of the year will be the start of a bull run.

Talking about resilience, I will give Bitcoin this, because I never expected it to hold its ground this much during a bear market when the whole sentiment became obviously bearish. This is as the higher chart patterns and economic data that are so much pressuring the risk-on assets suppose to pressure it as well. Yet, Bitcoin has been dusting them off, which is very good proof of its stability.

Also, some experts, including myself speculate that it might reach around $20,000 before it would be greeted with a powerful Bullrun. I believe this should happen if it continues to hold below $31,000 between now and the first months of next year.

We are basically not in the bear market anymore since the price jumped from almost $18k to $31k after 2023 started, we might be in a correction at the moment and it might even get deeper but we can't really call it a bear market. There is actually not much buying pressure to support the market to go up and that is the reason why it has been so stable.

Speculations say that 2024 might be the year when the market will get into the actual bull market because of the events that will occur in it, especially the halving, and there will be large buybacks before the halving which will obviously push the market up.

All things considered looking back at the past 6 months I'd say the market has proven to be hugely resilient to all the sell pressure, manipulation or real. It is still the global economy that is creating a big part of that sell pressure and lack of buyers. More specifically the recession that has been going on. The recession is also going to get worse ever since US decided to increase the debt ceiling, print more money while increasing the interest rate to manage the rising inflation!

demand in the 2021-2023 bear market is still not bad,
because the market cap of cryptocurrencies is also not relatively low compared to the 2017-2020 bear market,
indeed the price of altcoins is currently bad, but a lot of good news is starting to come making altcoin recoveries.

Many people think that the market today often makes us drop, but we must be optimistic that the market will immediately rise again, don't say regret someday because the price skyrocketed and we do not buy when the price is cheap as it is today.

I don't know what you mean by this? stable coins has it's purpose though, maybe we hedge our bitcoin on it to stop the bleeding. But as far as it's effect on the market? There is none, it's a good strategy to hedge but sooner or later you have to bring it out from stable coins and make some money.

Right now, the market seems to be on a good mood at it leapfrog above $27,000 again.

When we thought that June might be a slow month, who knows, maybe we can reach $29,000 as the top price. So let's see, the bear market is still going to last till next year, we should be patience and strategize and make a plan.

If you usually do that when you are trading, why do you even think that other people are also doing the same thing as you are doing it? Because I never thought that other people would also do the same thing as you do when trading with Bitcoin assets even though the goal is to make a profit. And for those who park their assets into stablecoins, it is a very common thing to do before they start buying back other assets or the same asset, namely Bitcoin.

Because stablecoins are cryptocurrencies that are suitable for storing the value and profit we get so there is nothing wrong with using them when trading, but what you need to know is that stablecoins are not used for profit because their value tends to settle and the increase is not significant at all . So there's nothing wrong with decreasing the price of Bitcoin because Bitcoin already has many pairs on many exchanges and stablecoins have also been present in the market for a long time for pairs of many existing cryptocurrencies.

If we pay attention to bitcoin daily trading it continues to decline, especially since the presence of a stable coin which makes trading pairs for bitcoin increasingly less popular, people prefer a definite profit so they park their money in stable coins, and this is also what I usually do when the market has the opportunity to drop.

Lol , you cannot compare about the price because the value is far different and the ath and atl are also different, but in my perspectives? What we can achieve in 2024-2025 will be far from what we have in those 2 mentioned bull runs.
And also that 17k ? What we can see is the coming increase and that is 100k .

If the price you are referring to is Bitcoin, it means that for now the price is back at around $27K. You can immediately see the market today if you still want to buy a certain amount, which you say that buying at this time is the best strategy by setting the profit target you want, because it's been almost a month the price of Bitcoin is still spinning at the same number without past $30K.

If you look at the strength of support for the Bitcoin price in the second quarter of this year, it is clear that it is still quite strong above $25K although it still looks difficult to break through $30K. But as long as the demand and supply are large enough under the current conditions, it is possible for Bitcoin buyers and holders to expect better returns in the third quarter of this year.

You can't compare like that, we have ATH in bull season 2018 is only $20k but ATH in bull season 2021 is $68k. So you can't say that 2018 was worse than the bear season 2021, although you are correct that 2018 was actually worse than this year's bear season. Moreover, it is considered worse because 2018 was the first bear season for many people, and they were shocked when they first saw that sharp decline. As for this year's bear season, those who have experienced the previous bear season have prepared, so they feel quite light. I even feel that bear season is desirable because, after profit taking, we need to buy bitcoin at a lower price, and the bear season is that golden time.

Technically though we are still in the bear market, although since the OP had this thread in January, it's the start of what we call a recovery because in that month alone, the price goes up to 40% or more.

But I do agree that the influence of at least whales can simply move the market as what they have been doing years ago, maybe prior to 2017 bull run. The market now is very big and open that it will take whales to collude with each other to either move the price to either direction.

The demand in the bear market is still very good, this indicates that $ 20k support is still very strong,
especially if you look at the market cap then you know that the current market cap is still above the market cap in 2018 and early 2021 before the new ATH bullrun,
so I think we are still given a chance to be in this bear market to accumulate cryptocurrency.

If that's true, how can we get big profits while we don't hold bitcoin in hand? I mean, people who are scared of the bear market won't invest and don't buy any bitcoins. So how will they get profit? On the contrary, if someone is happy and excited to live in a bear market because they have more time to accumulate bitcoin, then those people are the ones who really make big profits.
Instead of always questioning when the bear market will end, we should take advantage of it to collect as many bitcoins as possible. And let's ask another question, how many bitcoins will we have when the bulls come because our profit is from the bitcoins we hold?

Current market conditions of course make us always curious, when the price is below $ 20k, and there is a large volume of transactions of course it makes us believe that users are waiting for cheap prices, and now the price is around $ 26k and I think it is a good time to buy, the best strategy when we want to profit in crypto is to buy on spot exchanges then set the price we have calculated profit.

The bear market this time may be almost over because it's almost time for bitcoin to get a halving.
And with halvings that will happen, hopefully, this year will be the last year for a bear market so at the end of the year or the beginning of the year, we will see a bull market occur.
If that's true, we will be able to get big profits again like before because there are lots of potential coins that have the opportunity to increase greatly.
So we all don't need to worry about the current bear market and it's better just to prepare the coins so we can sell them at the peak price later when the bull market comes.

I think the sell off is caused by the people missing a rise like this because it's been so long since we are able to rise consistently. Other reason are the said economic problems like recession. People might be in a tight budget now or struggling a bit in terms of finances so they call a help temporarily in their investments which includes cryptos. There is no bear right now but the market is already in recovery phase this year. That is the reason why the demand is not that high as the real bear market which occurred last year.

Most of the demand right now is only coming from those late investors or newbies who feel confident to invest when they see a green market. Their numbers are not that big compared to those experienced investors who only invest in the proper time which is at the bear.

yes the bear market this time is the same as 2018-2020,
2021 is the beginning of the bear market and until 2023 and there is still no sign that the bear market has finished,
I don't know I'm still waiting for bullish, I heard the news that 2024 will start, is that true?

the current bear market I think is just as bad but what's more impactful this year, as it is accompanied by global world news that throws things out of control.
but anything else is getting crypto back up, just waiting for the good news to come out.

The crypto market now is highly illiquid. Hard to say if we are still in a bear market, we are either in bull or neutral. However after Ftx and all those market makers going bust there is low liquidity.

You don’t need to be a whale anymore to move the market pretty much. Look at the M5 charts and look at all the crazy wicks we are getting. They also differ depending on what exchange you are looking at.

In a normal circumstances its when the market is bad when a lot of people take advantages of it, I believe that bitcoin investment its during the bearish time when we have a better opportunity to invest in bitcoin, and likewise other manual businesses, during the bad time of the market when some utilities opportunity of making profits because the product might be scarce in the market, so relating it to cryptocurrency,  investors like to purchase more cryptocurrency especially bitcoin when the market is against, so that when the market returns they make a surplus profit 

Exactly, those who have a better experienced with how the market move will take this as an opportunity.

While for newcomer who only looking for quick benefits can conclude that the market is in a bad shape, there are pressures that may
really affect newbies to continue holding their assets.

But for people who are trusting the system, taking this current value as accumulating period can give them benefits in the long run
still good for investors and traders who understand the current situation.

A beginner in the crypto industry can claim that the current bitcoin market is bad because he has observed how the price of bitcoin has fluctuated between highs and lows without going above a particular price point between $26k and $28k within some days or weeks. To them, that's how they see and understand the volatility of the crypto market. However, others who are familiar with the crypto market would argue that it is currently in a correcting phase and the DCA approach will be perfectly acceptable to use at this time or even start accumulating more bitcoin at a low price

I'd class it as about as extreme a sell as seen previously, we dipped below the 200 week average for quite a while which doesn't normally happen in a pullback.   So it was a sell off not normally seen in most years that BTC trades, definitely qualifies as a reset.  I thought we could go back to the 2019 prices but it didn't quite go that far, close enough really to qualify as in that area.

Actually, that's what it is, looking at the price at which it fell and eventually stopped at the bottom.
$69k-$16k seems very bad indeed, it's more than a 70% drop, but the 2021 drop is still not categorized as an extreme drop.

We are currently in a crypto market that is not good, there are many pros and cons as well as government involvement in influencing the price of Bitcoin.
The recent crash was a result of some policies on interest rate hikes and other issues.

To be able to recover from the current situation requires great strength so that bitcoin can rise.
It takes a lot of support from the community and some government roles so that crypto does not sink.

Price fluctuations are common, but price manipulation will have an effect.
Those who have money and power are able to do all the manipulation they want. 

those are the people that does not truly understand this market instead what they only wanted to see is the continues growth things that brings them to losing and crying the next day.
Dumping or bear market must be treated as opportunity to buy more instead of disappointment .
only losers see this in bad manner.
actually we are only waiting for 1 year and things will change.

after the halving next year , good things will come to those who wait.

I don't see how the bear or the crash of 2021 was better than the one in 2018, you can't just see the bottom price of when the crash happened and determine which one was better or more severe. You need to see from what price it started crashing and where it reached at the end, if you look at it that way, you will know that the recent crash was more severe since it crashed from $69k to $16k.

And, we can still see the effects of the recent crash, we are yet to recover from it. The initial months of this year were pretty good in terms of market recovery, but then, it stopped again in the middle, and the price is declining again.

This is exactly the same way that all new crypto investors feels when the market is in a bear situation, they always believe that the bear market is bad generally but they fail to understand that every bear market is a big opportunity.

I believe that the opportunity we have today might not be available tomorrow, if more people start understanding crypto and get him into crypto the less the opportunities will be for investor like us so it is better to use this opportunity to your own advantage right now that is still available.

In few more years things can change drastically,  the opportunities we see today might get so tinny tomorrow, remember that Bitcoin was once 1000$, those who failed to buy Bitcoin for 1000$ each must have thought that it's too costly.

since playing crypto I have felt 2x bullish and 2x bearish, the first in 2017 and the second in 2021. but for me last year's bearish was much better than in 2018, why is that? bitcoin low price in bearish last year was around $17k and low bitcoin price in bearish 2018 was around $3500 (i kinda forgot).
besides that last year's market conditions also recovered slightly faster than in 2018.

The definition of a trend is nothing so exact as 4 candlesticks going green, it could be far more elusive then that.  The important point is regular points on an observable trend line or similar, most simply the lowest prices seen should be ascending and also the highest price seen in a week or month would also regularly be higher.    We dont have that, its just in a range and sideways alot of the time so really hard to be taken apart and called as within either type of trend.   Consolidation is how'd I label this kind of market.

The market is not very down but rather in stable state. Maybe you just compare the price of past ATH that's why you see the price is very much down. Lets forget about the past since what's more important is the current condition since we need to deal with current volatility so that we can possibly earn if we want to trade bitcoins  these days. If you are still afraid about the past bearish situation where this is really a worst condition provably you will have a trust issue upon buying bitcoin and other alts  and for this you could pissibly miss a good opportunity to gain.

The bear market is currently in a position where people can profit by investing their money. and currently the market is very much down which may turn into a bull market later. If you are thinking of trading from this market then definitely be interested in investing. Many investors wait patiently by investing for their profits to grow. And the market may turn into a bull market very soon and this is the right time to invest in the current market. If you plan to invest right now, there will definitely be no risk to your money.

Possibly, the manipulation of whales is the main reason for this utmost volatility due to they own huge assets of cryptocurrencies specifically  Bitcoin, they basically have the ability to control the prices. In addition to that, I have noticed recently that governments forced strict rules on centralized exchanges, this may have a negative impact on the market. To be honest, it is tough to speculate the next condition of market and regrettably, we have no idea when this instability will end but we shouldn’t be affected by fake media news and predictions. Build your own strategies and analyze the market by yourself  instead of following some crypto influencers who pretend to be experts. In fact, that rough period is the calm before the storm, we will see.

Now the price of Bitcoin has come down relatively and that is good news for those who will buy Bitcoin but after buying at the current price does it guarantee that the price will go up and the price will go down. When the price of Bitcoin went above $60K when the price of Bitcoin dropped to $50K many people were happy that they could buy Bitcoin at a lower price. The market has come down a lot. Since nothing can be confirmed about the market in advance, it cannot be said in this way when the market will go in which direction.

I don't understand the momentum of the market right now.  There is extreme volatility in the market. The market can go in any direction from where it is currently. Considering that the market has only been trending lower for a while now, it can be said that the market may continue to dump more. But why is the market suddenly falling so low with positive signals? 

Not only is the price of Bitcoin decreasing gradually, but all the other coins along with Bitcoin are also moving downwards in a certain trend. So will the market be like 2022 again? Or the market will rise from this situation. 

Many said that by the end of 2023 or early 2024, the market will see a big change compared to 2022, but that change has not been observed in the market yet.

I don't really think that the prices of stocks or global economies have a negative impact on cryptocurrencies or the market in general, it should rather have a positive impact since people turn their faces towards other investment options when one is facing a downfall, so when stocks start dropping, investors probably start looking for alternatives.

We have always seen that whenever there are economic issues, the cryptocurrency market gets more investments since people use it as an edge against inflation and other issues they might face with their money if they keep it as fiat.

A bear market is when stock prices go down a lot for a while, and this can affect the whole economy. How bad it is can depend on different things like how the economy is react, the political decisions and how people feel about investing. If you're worried about what's going on in the market, you should do your own research to make smart choices. Remember, all investing has risks, so it's good to have a mix of different investments that fit your goals and how much risk you're okay with.

Clearly, right now we can't say the market is in a bear drive. It could've been in that state when this OP was made in January but not now. ATM, we can easily give it out that the market is enjoying a bullish momentum even though that can't be said to be concrete enough. The reason I said that is because price can still crash. My favourite time to believe that the bear has really ended will be in the last quarters of this year if price doesn't slump.

     -  I think many large investors are positioned in the market mate, and those who are positioned can be said to be short-term traders.
I can also say that they are also very good at getting the timing right actually.

Then all I know is that when there are big whale investors who put in money to buy Bitcoin, it becomes a signal for those in a position to sell their Bitcoin as far as I know. I just noticed and observed this in the actions of the positioned traders.

Not as bad as expected because actually this gives us the opportunity to buy in larger quantities. The panic occurred because they did not understand bitcoin and I am sure that people who have been involved in bitcoin investment for a long time would not be as panicked. Yes, that's right, why should you get involved in altcoins because in a bear market bitcoin also has a relatively cheaper price than usual in a bull market, isn't the main target to be achieved is bitcoin?

If you want to avoid risk, then you should just hold bitcoin for a long time, according to the bitcoin journey cycle and we believe it won't be bad and instead we will see the growth in the assets we have is much bigger than trying to invest in several altcoins, every decision is an ability in minimizing risk and it is important that it is carried out by long-term holders.

Looking at the numbers Microstrategy did put in, in acquiring more bitcoins, it would be worth noting that with bitcoin at $29.3k, that's about $10k on profit per Bitcoin which is something worth the time put in but still, you won't see them taking profit because, the idea still remains to accumulate and top up with every drop plus, the ATH is still some distance away and comes that, one would appreciate the idea behind taking some investment when the low was right for you.

Demand for BTC is always high in bear markets.  We have been seeing a bear market for a long time.  Bitcoin has risen from 23k to 30k a few days ago. Many investors have profited from the btc bear market.Not taking the current bear market badly.  Because many big investors are buying and holding Bitcoin.  I don't think anyone is selling bitcoin right now.Bear markets can be bad for altacoins other than Bitcoin.Dumping markets are necessary to achieve success. Good profit cannot be achieved without dumping market.

The ones who make the market conditions worse are called panic sellers, and they are the ones who can never in their lives earn any profit from crypto unless or until they learn to have patience and control over their emotions. By the way, why does a bear market encourage anyone to buy altcoins? Bitcoins are also cheap in a bear market, and you can't get anything better than cheap Bitcoins, can you?

Just buy when the sats are cheap and hold for as long as you can and you should be good. Diversification is a good thing too in a bear market since you never know which token shoots through the roof when the bull market hits.

Bear markets combine bad and good.  A bear market encouraged us to buy some altcoins.There are many investors who panic when they see the market in the red.  They make the market conditions even more alarming.As a result the market situation looks stable for several months. We actually forget that the bear market is one of the opportunities for us to get some good benefits.Smart people never panic when they see a bear market, they buy and hold more coins to earn more profit.

The current bear market for Bitcoin seems significant, with the cryptocurrency experiencing a maximum unrealized loss of 75% from its all-time high. It is important to note that cryptocurrency markets can be volatile and unpredictable, and past performance does not guarantee future results. Therefore, conducting thorough research and considering all relevant factors before making any investment decisions is essential.

Bearish movements or bear markets are optimal times for trading for those who have assets saved up to purchase more tokens or coins, but they aren't really so pleasing for those who have already exhausted their bags of stablecoins and are heavily loaded with tokens and coins already. For them, seeing their portfolio drop value increases their heartbeat.

Bitcoin investors in particular deeply enjoy such times and they start doing DCA as soon as the bear market starts or a bearish trend is predicted. They keep buying until the trend stops and a trend of the opposite nature begins from there.

I am also familiar or stuck with this condition of bear market for a long time. Moreover, I am fine with this market condition because it is the most profitable to invest in Bitcoin right now because it has favorable dips. And now the amount of dip that exists in the market is very attractive to me. So for me this bearish condition of the market is not bad at all but for me it is optimal time for trading.

For what you just said was very, very true and correct. It maybe for others it is not a blessings instead. but even if the market is like that, we need to be patient in these situations and not give up, because this is where our patience in waiting will be measured if we are really long term holders.

       And if we get caught up, we can wait a long time before we can recover, but the important thing is that we recover in the end, of course, because that is also important.

    -   You know, if I compare it to the previous bear markets, with my honest opinion, this is the best bear market for me, I noticed that the value of bitcoin is not totally dropping.

Even if its value falls, it bounces back immediately after a few days of resistance to its movement in the market, it's almost like it's not moving at all. Therefore, we are actually lucky because the value of bitcoin in the market did not really drop much,

I have been stuck in the dumping market for almost too long. Dumping market is not a blessing for those who are always in dumping market. But you have to take your word for it because there is no success in investing without dumping positions in the market. But it is not a boon for those like us who have invested in the high market.  Because we have been investing for a long time and waiting. But it is not a blessing for us if the market does not rise and recover as per our target.

Whatever is happening in the market right now, if most of them are in the red, it doesn't mean that things are bad, that's not the case of course. We know that for others this is a blessing that can be said because we can now buy bitcoin cheaply even with other altcoins that are on the top listing in the market such as Bnb, Shiba Inu, Doge, and Hot. This is what always happens in the ecosystem of the crypto industry, right? How many years has this been happening over and over again? It's just that others don't notice that's why others are panicking and pushing to sell their crypto assets.

The topic has been going on for more than a month, and it is a historical account of what happened in the last few months, and then an attempt to build a coherent hypothesis for what will happen in the future.

The current situation in the market is stable for several months, which means that the bottom may have already been formed and that the current price is fair for everyone who wants to buy and sell. There is no possibility that an additional price correction will occur unless something unexpected happens such as the collapse of a stable currency, a large central platform, or a correction in prices.

The price at the bottom recorded levels of less than 16K on some platforms.

I think we are already seeing mass adoption, the world is coming to know about Bitcoin and adoption is on the rise, but it will still take some time for the bull run to start. Currently, the price is pretty low, and it's projected to go even lower. So no matter what, we are still in the bear market as per the price values of cryptocurrencies.

The hype of Bitcoin will now always be there. I believe there are no countries, no cities left where people are unaware of Bitcoin or blockchain technology. They've surely heard of it somehow even if they know about it or not, it's fun meeting them.

The economic indicators are not so good and the world present situation is not what one may expect. The Russia Ukraine war, the China Korea crisis and the fear of recession are the major reasons why the big investors are hesitant to invest freely in bitcoin.
Yes, some institutions know the real potential of bitcoin like MicroStrategy and they keep on accumulating bitcoin on every dip and never sell them even if bitcoin dumps.

Yes. The market is changing from time to time. In 2021, there was hype is bitcoin going to be 100K dollars. But it was stopped at 69K. If you remember 2013, the same hype is there. On those days we will assume BTC is going to the 10K. But I think 2025 is the year for bitcoin for the next bull run. I am waiting for the mass adoption of bitcoin by global users. After that next bull run will start.

It is really difficult to predict the exact value of bitcoin or any other cryptocurrency. And many are waiting for the bull run to return to bitcoin as well. Maybe when the bull run returns, more bitcoin holders are waiting for the bull run.

I have already missed two bull run seasons where I didn't even save or hide bitcoin and other cryptocurrencies, so this time I am making sure that I no longer have a zero balance because somehow I already have holdings of bitcoin and other cryptocurrencies too.

This is the most difficult question to answer.
There are a lot of people that got different answers to this. Because it's difficult to predict the future price of Bitcoin or any other cryptocurrency, that's why some people can say "hey it's a bull run" when it's already late like Bitcoin price is creating a new all-time-high every day or week.
For me, a bull run is when we already break all-time high prices.

You must be living in alretnate reality. The 69 thousand was in November 2021, not January.

I'd also like to address the fact that long term investors did not lose 75%. Long term hodlers are people who bought in the bear market of 2018 - 2020 or before that, not people who bought in 2021 and decided to hold on to their coins no matter what.

Those who bought in 2020 or before did not lose anything. Their coins are worth more and in the worst moments at 15 thousand some of them were maybe at a 10% loss. if they were holding coins from that small bull run in 2019.
It's the same for people who bought in 2020. Most of them were in the green in this bear market.


You've just said that we've been in a bear market since 2021, now it's recently? Bear market means we're constantly in a downtrend and all run ups end with lower highs.


Do they? If the largest institutional investor is buying it doesn't look like they're not optimistic. Institutions were mostly investing through proxies and these proxies were getting insolvent one by one last year because they were lending money. It's not a lack of trust in bitcoin but in centralized entities that custody bitcoin. I'm fine with that, maybe they'll finally learn to custody themselves.

How would people define a clear bull run ? 4 weeks of bullish candles clearing a previous LH on the Weekly or a new HH formed on the Weekly/Monthly TF

The thread was created on 23 Jan 2023 when bitcoin has already touched 23k, first time ever since August 2022. So it's not right to call this a bear market as bulls have taken over. Bull market doesn't mean crossing ATH, for everyone who has bought BTC at 17 or 18k it's the bull market as its time for them to cash out and get profit. Bear market is ideal time to buy not the time to cry.

There's what is called market behavior in economics and it's only those that understands the behavior of every market that can have the astute sight to see opportunity in bad moments of a market, so it all depends on how you view the market. It might be a bad one for you but to others there are opportunities to cash out from the situation.

The current bear market is not bad because we have had more opportunities to buy bitcoin at low prices and the current price is a good price to buy bitcoin because if the price had gone up, you probably would not have had the opportunity to buy at these low prices. And I think the current opportunity has been put to good use by investors who understand that this is an opportunity not to be missed.

You should not believe what the media say because they may not say it correctly but only give a picture that they don't know for sure. And if you want to invest in bitcoin, you should do your own research and analysis so you don't hesitate to make a decision.

When you say how bad it is, you compare it with other cycles, such as the decline the past cycle and other details. Comparing this bear marcket with previous ones, we came to the conclusion that the current session is the least compared to other.


As for liquidity levels, they may not be ideal, but the price is now at levels higher than 20K, and we have an inflation crisis and global problems, with a monetary tightening policy, so what is happening now is the best that can happen.

If we've learned from this bear market and the past ones, we can conclude that this current bear market that we're experiencing isn't bad at all compare to the last that everyone experienced on 2018. The difference for these two bear markets are totally a lot and we can say that it's much better to look at this time because it's still 5 digits unlike on the past one which made bitcoin at $3k after hitting $20k. They've got their each share of the percentage losses and if we'll look at how much it had lost, basically, it's totally a lot if it had came from to $69k down to $16k.
And as it swings and enters to $23k and goes back to $22800 then that only means that it's doing good but again, it is volatile and it may surprising go up or down within the next days.

I am trying to understand the context of bad your referring to as in OP.
Is that to mean  just what effect the bear market has got on the market or
You mean it in the context of what extent it depleted in respect to other beat markets from historical records.

Meanwhile, I can ascertain investors not actively buying because, the bear market isn't gone yet. The pump we've got now could be pseudo to what we expect and there could be further drop in price, then they could invest.
Though, I like to beleive that the bitcoin deep has been established already but don't see this pump to be the introduction of a bullrun. It's just a little correction for price movements.

That's accurate. It's just normal for the market to have these sessions and some consolidation movement for a healthy price action.

Not that bad, this is the case in the volatile crypto market, we are considered to be at the end of the storm as it seems to me, so these days will pass and we will witness the Bullrun of Bitcoin and the crypto market, but we must cling to our faith and patience, and we must not let the FUD affect us, at the beginning of this year the crypto market started to recover gradually and the price of Bitcoin rose to an unprecedented high. Do not be afraid of the correction. You have to maintain your presence in the market because the bull is coming very quickly and you should be there. By next May, in the halving event, the price will be somewhere near the highest level. Before ever, it follows the same cycle it always has in my eyes, so a bear market is an opportunity for anyone who wants to invest and it's never a bad thing.

That's not bad, but instead, you've been given an opportunity to invest more while the market has a correction which this is a part of the crypto market price behavior, and becomes unpredictable due to the volatility price.  If you invested currently at a high price then there's a sudden correction, investing in a DCA (dollar-cost averaging) way is the best for you.

There are too many big investors waiting for their investment to grow, just like El Salvador, the value might reduce but it considers doesn't have a loss if they will never sell their Bitcoin.  If they owned 1 Bitcoin, it will remain 1 Bitcoin.
But one thing that I'm afraid of most, is what IF all of these institutional investors have the same profit goal and sell their all Bitcoin, it surely makes a huge impact on the market price.

Your data doesn't add up to the current price chart. As this post has been shared recently, the current price of BTC stands at around, $22,700 according to coinmarketcap.
The bear market is currently at a position where people have invested few weeks earlier, are making profits. But the bear demand is still high if you compare the recent price to BTC's All-Time High price which is $69k. It could be a bull trap or maybe an indication towards a bull market, who knows. The market is still unstable if you are trying to do tradings. So it is best to DYOR and focus on that collected data rather than collecting data from other websites.

Just how bad is the bear market right currently?
Historically low expenses have survived for a longer period in the present bear market cycle than in any other.
The leading cryptocurrency, Bitcoin, has been in a freefall since January 2021, when it hit a high of $69,000. A maximum unrealized failure of 75% from the all-time high was sustained by long-term investors as BTC fell to $17,000 midway through the year. An important indicator of the true worth of one's Bitcoin assets is the net unrealized profit or loss (NUPL).

Is the Current Bitcoin Bear Market That Bad?
At its present NUPL value, the Bitcoin network is experiencing a loss. A review by CoinGabbar indicates that there is still room for maximal BTC investment at this time. In contrast, it appears that institutional investors are not actively buying up Bitcoin. Compared to the Bitcoin lows in July 2022, the present loss condition is significantly better.

Bitcoin has been on a downward trend recently. The cryptocurrency market hit a three-month low of $18,432 earlier this week. CoinGabbar reports that the current price of Bitcoin (BTC) is $18,930, down 3.21% in the previous 24 hours. Since its price dropped recently, Bitcoin's share of the cryptocurrency market has shrunk. This means that Bitcoin now accounts for 41.02% of the total market cap of all cryptocurrencies.

Institutional Investors Have Little Faith
Grayscale, a company that manages bitcoin assets, has noticed a decrease in its Bitcoin volumes. What this says is that institutional investors are not optimistic. The largest institutional investor in Bitcoin, Microstrategy, has increased its holdings. According to their most recent SEC filing, the firm has spent $6 million for Bitcoin at a price of approximately $19,851 per token. Together with its affiliates, Microstrategy now governs over 130,000 BTC.
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