We're in recovery stage, it just a short dump and then Bitcoin will bounce back to $30K. Don't put a big hope if the bull run will happen soon, the bull run might high likely happen in 2025 which mean this and next year are still the good time to buy.
Why 2025? because Bitcoin bull run happen after a year of halving event.
Topic: New bull market or new bear market ahead? - page 2. (Read 276 times)
At the moment, there is no sign of any bullishness to hit the market, and the worst part is that people are just getting to know about what's going on with the markets as our crypto news outlets echo what's this and instilling some kind of fear to get the buying back on track...tbh we could get close to 25,000 before the bulls come in.
So short term, we are bearish and long term we are definitely bullish as whales scramble for the cheap coins on offer!
So short term, we are bearish and long term we are definitely bullish as whales scramble for the cheap coins on offer!
There will be a bull market in the coming days, as recently we have seen some positive feedback about the bitcoin, and we had hear a of positive news about the bitcoin, that its price will pump. And will road to $35k but we can only assume that it might be better.
Right now, it is looking very bearish for our coins because recently, we had a big loss. Bitcoin and Ethereum almost dropped 10%.
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
We are in a dip correction cycle that can neither be called a bull market or a bear market since the price of Bitcoin which is the major market determinant has shaded off some good percentage of its price which forced other coins to follow the same market pattern so waiting for the next market approach, which could be in whichever ways this can possibly be one of the tough time for cryptocurrency investors who don't have the long term approach to their coins holdings and are only speculators for the short term market. But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
No trader or investor will give you 100% certainty of bull market or bear market. Because bull markets are not monotonous and billion and million investors can spin a wheel. Last year many people said that bull market could come very soon, but it remains only a story because the thought scale has not happened yet. A hype of bitcoin we may get early even results in bull from altcoins. You invest and make profit but hold for bull market if there is excess money.
This is expected to happen because we still not entering the bull run season yet and we will probably witness more decline in the price of bitcoins and the top altcoins as well. This is where your patience is tested and when you are investing in altcoins I'm sure you already know the risk of not getting back your capital if something goes wrong because altcoins are not bitcoins and sometimes when bitcoins recover their price, some altcoins remain its price at All time low since sometimes their developers abandon the project when they faced such difficulties.
Right now, it is looking very bearish for our coins because recently, we had a big loss. Bitcoin and Ethereum almost dropped 10%.
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
Not difficult to have a new bull market. That's what we're waiting for and it's gonna be the savior of this market as of the moment. But to expect it come, it won't come on an instant and see to it that it's likely to come maybe by next year or so. That's why I don't see any reason for us to think if it's a bull or bear market, it's difficult. No, we just have to be used to it and do your own thing whenever you have to. If the market is not good for you as it's bearish, still think positive because you'll have to see how good the market after this dump. And if you have done the exact thing that you have to while we're experiencing this like buying when the price of Bitcoin is low. In fairness with ETH, it didn't plummet that much despite Bitcoin's dump. But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
I still hope to see another bull run in next year or 2025.
Even though it is still speculation, it is still hope for many people so that they can get big profits again.
But for this year it looks like we still have to see changes in the prices of bitcoin and altcoins and we have to be patient and stay calm.
And right now, we are still in a bear market and we shouldn't panic when a decline will still occur later.
Even though it is still speculation, it is still hope for many people so that they can get big profits again.
But for this year it looks like we still have to see changes in the prices of bitcoin and altcoins and we have to be patient and stay calm.
And right now, we are still in a bear market and we shouldn't panic when a decline will still occur later.
Bitcoin needs a lot of volume to push it back again to the 29k -30k. One of the companies that holds a lot of btc was just liquidating its crypto. Im not even sure what's gonna be the future of bitcoin. I can consider spacex leaves crypto is bad signal.
We must be patience until market turns to be bullish again soon.
Things like this happen, and we have no control over their decision to dump their shares, still based on the article
Quote
Many technology firms and financial institutions continue to hold Bitcoin and other cryptocurrencies.
I'm surprised about what happened we all gearing up for a bull run because of the coming halving but if there are dumpers there are takers also so I expect massive buys in the coming weeks.This is a good entry point for those who want to accumulate for the coming halving I'm trying to accumulate as much as possible because anytime we will soon see the price moving up again.
My expectations are that the market either will be a bit steady or will go down even more. I wouldn't mind any of those options, grabbing cheap coins is always great.
Right now, it is looking very bearish for our coins because recently, we had a big loss. Bitcoin and Ethereum almost dropped 10%.
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
We all understand the volatility of this market, anyway if we look back a bit we've had a pretty exciting time around the beginning of 2023, I think there will be a decrease and a correction around the mark $20000 or even deeper. However, in terms of long term and looking for profit opportunities, I think people in this market need a capital management strategy to maintain their investment in a long term way, a familiar fact here nothing goes up forever, nothing goes down forever . But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
The current situation in the market has left us feeling frustrated as it has declined. I think many of us are hoping for an upward trend, but we all understand that the cryptocurrency market is known for its unexpected fluctuations. It's important for us to be prepared for such unpredictable shifts. However, at the moment, the market conditions are not favorable, and the fear factor has also increased. The total trading volume of the crypto market itself conveys a lot of information. Therefore, it's hard to make any definitive statements right now. We'll have to wait and see what the market's next move will be – whether it will break below the support level or break through the resistance.
I prefer not to predict anything in the short term. Pumps and dumps are temporary. But I don't think we're gonna see a bull market too soon. I just wonder if crypto will stay for a moment or will go down even more.
I don't like making predictions. I neither believe in nor know how to make them. I think all predictions are designed to influence users to do what the market maker wants. The market will grow, but not right now, especially since several countries are currently facing economic hardship. 
10% drops in price are nothing, most of us here more than 5 minutes have seen multiple 50% plus dumps over the years. Use dumps as an opportunity to sweep up cheap coins/tokens. Most people panic sell but the smart guys amongst us buy the fear. A bull market will come, don’t worry.
I won't have to panic about such slight drop as 10% on bitcoin or etheruem. Bitcoin move from around $29k to $26k is not much to fuss about. In fact some whales are still keeping their cups open to make a DCA on further drop because the larger aim is next year's halving and not really what is happening now. The bull run for next year is predicted to be massive and speculated to jump into 6 digits, that is going to be massive
Right now, it is looking very bearish for our coins because recently, we had a big loss. Bitcoin and Ethereum almost dropped 10%.
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
If you browse the price chart of Bitcoin during April to June this year. Bitcoin price slide from 30k to 25k on same manner but it recover slowly after that. There's a bad news that time about inflation or something but the price recovered after a few days of 25K support hold the dip.
I expect price recovery soon because there's no real bad news in crypto space unlike previous heavy that is really backed by bearish news.
I prefer not to predict anything in the short term. Pumps and dumps are temporary. But I don't think we're gonna see a bull market too soon. I just wonder if crypto will stay for a moment or will go down even more.
Right now, it is looking very bearish for our coins because recently, we had a big loss. Bitcoin and Ethereum almost dropped 10%.
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
Despite the price decline of Bitcoin and major altcoins, I was not worried yet nor I should have to. I was aware of the possible drop and I guess we all know about it because we are here in a volatile market. And to say that 2023 is in the recovering year for crypto and even during the time of the bull season, price corrections are still present. It is not wondering why the situation goes like this as FUDs certainly have a huge impact on the market trend. But this is not the reason to think and assumes that we are turning back bearish again, I was still optimistic for the upcoming days. But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
Upon seeing this comment I just realized that we are in a ghost month. It's a Chinese belief but knowing how big its economy is and its worldwide contribution then I won't be surprised if many non-Chinese are also practicing the same beliefs when it comes to the open market.
Yes with that scenario Im sure even non Chinese would eb caution. But if you are a holder, then nothing to worry cause everyone knows after the ghost month it will be the real market movement. This drop is now occuring due to that reason but as September approaches that will be the start of a new market trend.If you got more stables then you could add many altcoin in this bargain sale.
10% drops in price are nothing, most of us here more than 5 minutes have seen multiple 50% plus dumps over the years. Use dumps as an opportunity to sweep up cheap coins/tokens. Most people panic sell but the smart guys amongst us buy the fear. A bull market will come, don’t worry.
Right now, it is looking very bearish for our coins because recently, we had a big loss. Bitcoin and Ethereum almost dropped 10%.
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
Relax mate. We are in the midst of month of August and this is the time where mostly believe of ghost month where everything went down. Obviously sensitive traders and people who are into this belief are probably converted into stable for a while and waiting for this to end and surely will buy back once the market regain again. I dont know but its normal when this month arrived. Btc and eth chart are both fine and we just need more volume to compensate those -10%But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.
What is your personal expectation?
Upon seeing this comment I just realized that we are in a ghost month. It's a Chinese belief but knowing how big its economy is and its worldwide contribution then I won't be surprised if many non-Chinese are also practicing the same beliefs when it comes to the open market. There were years also in the past when I used to sell nearly all of my holdings in favor of USDT and then buy I'll just buy again later. Lately, I am starting from scratch so my holding is not big and it's probably the same reason why I am not very sensitive and forgot the ghost month. Anyways, at least I am able to accumulate more altcoins and bitcoin this time.
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