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Topic: The current crypto bear could end the market. (Read 533 times)

full member
Activity: 1736
Merit: 116
August 07, 2022, 05:34:01 PM
#61
The bear market hasn't ended. It looks like we're towards a bullish move, but the market is in a stabilized mode with the price moving within specific range. A pure bull market according to experts is supposed to take place by the falling year or later. For now we're gonna experience gradual move without any big push even if some positive news happens around.

Also, how many bearish periods have we seen in this market? That's a lot already and here we are, we are still surviving. And the difference today is that we have more stakeholders and users that are into this market. So I don't think this will be the end but instead just another challenge in crypto, but later on, people who do believe will reap their rewards. But it depends on what coins they stored during this bearish period.

We've seen bear markets happen several times, so what's happening with the crypto market today is nothing new. So only the ignorant people thinks
what is happening now is the end of crypto. But for people who understand how the crypto world works, they should already understand what to do
in a situation like this, and fortunately it seems that there are so many investors who believe the crypto market will recover. So the market has shown
a positive direction, although Bitcoin price movements still look stable and have not been able to rise above the $25k price. But I believe that
the market will slowly improve, the most important thing is that we must not choose the wrong coins to invest in a bear market like this. So that
the coins that we hold can provide profits in the future.
sr. member
Activity: 1988
Merit: 275
The bear market hasn't ended. It looks like we're towards a bullish move, but the market is in a stabilized mode with the price moving within specific range. A pure bull market according to experts is supposed to take place by the falling year or later. For now we're gonna experience gradual move without any big push even if some positive news happens around.

Also, how many bearish periods have we seen in this market? That's a lot already and here we are, we are still surviving. And the difference today is that we have more stakeholders and users that are into this market. So I don't think this will be the end but instead just another challenge in crypto, but later on, people who do believe will reap their rewards. But it depends on what coins they stored during this bearish period.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
We cant really tell on when this bear market would end up or having a bullish turn but its true that instead people freaking out for this declining prices.Then why not really seeing this opportunity for people to buy or
accumulate on cheaper price?

Bear market is a very common situation or scenario on this market because it cant be called a market if we are just moving in one direction.Ending up crypto market is something
a very impossible thing considering on how high the support it is getting then we could really say that it would still take decades or even forever.

So dont make yourself put in panic whenever we do see price declines.

i don't think we will be seeing the end of this market. because instead of decreasing the number of crypto users, it is increasing. so the end should not be a worry for most. this is a very good opportunity to collect some valuable coins. for sure, some will regret later on that they haven't bought during this bearish period. doubt this market if there is no one talking about anymore about crypto.
You could really expect something these kind of words whenever we do experience bearish runs in the market where lots had been freaking out something like this and like that.This isnt something new when we do

talk about behavior of people who are engaged into the market specially to those new or who doesnt have much experience in the market before thats why its normal that they would really be having those

kind of reactions but eventually it is really totally the opposite because we've seen lots of up's and downs of this market which it is normal for this one to have those movement and instead on freaking
out then it would be ideal and worth if you do find yourself to take up some chances to accumulate cheap coins because if the market would make out some reversal then you would benefit most out of it.
hero member
Activity: 2618
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The bear market hasn't ended. It looks like we're towards a bullish move, but the market is in a stabilized mode with the price moving within specific range. A pure bull market according to experts is supposed to take place by the falling year or later. For now we're gonna experience gradual move without any big push even if some positive news happens around.
hero member
Activity: 1176
Merit: 543
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly and more and more countries are actively opening tenders to legalize bitcoin.
The adoption of Bitcoin continues to increase and I can see that more people are joining the crypto world which is causing the expansion of the Bitcoin world and more Bitcoin transactions keep happening whereby the system becomes bigger everyday.

The bear is showing sign of end but many tasers and investors still believe that we are in the bear season. We are in August currently and I expect more bull movement that will make the Bitcoin market skyrocket within now and September before the ending of this year.
hero member
Activity: 2338
Merit: 737
Unfortunately the market today is corrected again, I did not expect because there were many predictions that were sure that prices would reach $ 25k again, but we had to be patient again and do not panic when I saw the Red Again market, even I had put up a buying price of $ 21K at Spot Exchanges, opportunity Good to keep buying because the end of the year I will party.
Has your order passed now? because I saw the price of Bitcoin not go down to $21K five days ago or when you said it five days ago. Bitcoin has moved between $22K+ to $23K+ in the last five days and is likely to remain the same for tomorrow, unless there is a lot of buying from big investors. But you don't have to worry about that because you can still place a buy order at the current price or five percent below the current market price.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
Unfortunately the market today is corrected again, I did not expect because there were many predictions that were sure that prices would reach $ 25k again, but we had to be patient again and do not panic when I saw the Red Again market, even I had put up a buying price of $ 21K at Spot Exchanges, opportunity Good to keep buying because the end of the year I will party.
Well I do hope you get to party at the year end but dont base everything on bitcoin and its price, because it will go up and down and you wont have the time to enjoy the little time you have.

Prices being corrected again at 23k shows that the bearish trends are still persisting, maybe less stronger now but they are still here. At any time we can see gradual movements towards one direction. Although I would not suggest putting in any money in a sideways market and waiting till bigger notable movements come in.

I am not expecting 25k to be reached without resistance. A lot of selling pressure can happen at that level and it might be difficult to cross.
full member
Activity: 1442
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The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?
It cannot be said that the current situation in the cryptocurrency market is very bad. Yes, the bearish period has dragged on, but this state of affairs is quite normal for this market. Especially since it's the second half of summer. It's time for mass holidays and a decrease in business activity in all markets. During such a period, there was almost never a good price increase. Therefore, you need to wait for autumn. Right now, there is almost no bad news regarding cryptocurrencies, which means that the time will come when the cryptocurrencies will get bullish momentum again.
I think there is no such thing as a bad market, it all depends on how we react to it. those who say bad, maybe they are experiencing floating, and the asset value is decreasing. but as long as you choose the right coin, I don't think there is anything to worry about, just waiting for the time for the market to change direction, and no one knows when that time will come, it could be another year, or more or even less than a year, so the main thing is is how we can respond to the market
sr. member
Activity: 2352
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The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?
It cannot be said that the current situation in the cryptocurrency market is very bad. Yes, the bearish period has dragged on, but this state of affairs is quite normal for this market. Especially since it's the second half of summer. It's time for mass holidays and a decrease in business activity in all markets. During such a period, there was almost never a good price increase. Therefore, you need to wait for autumn. Right now, there is almost no bad news regarding cryptocurrencies, which means that the time will come when the cryptocurrencies will get bullish momentum again.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Most places don't accept Bitcoin, though. I don't see that as a large obstacle because there are other ways you can spend Bitcoin without needing to rely on local businesses to do so, but I understand the appeal of not wanting to use Bitcoin if you end up having to keep swapping it with fiat in order to do business. The conversion fees end up being quite the hassle. Online stores aren't the only places where people need to conduct commerce, you know.
Online places not accepting bitcoin is a big hurdle to the overall acceptance of bitcoin. In this world where buying and selling is more digital than physical bitcoin not being a streamlined option for them becomes a problem for bitcoin users who wish to spend their earnings to buy stuff they need to.

While I dont agree with all that the OP says, I would defenitely want that in future bigger e-commerce sites start accepting bitcoin as a mode of payment, some have already done this but they are niche websites not mainstream ones.

But this has less implications on the bear market, which is currently in the recovering phase in my opinion. Bigger acceptance would mean a steady price rise as well.
legendary
Activity: 3318
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
I agree. I mean I disagree that the price would be like this until the end of the year, I believe that it will start to go up, and that's going to be a bit of a deal. But at the same time, I believe that we are talking about something a bit of a trouble in the long run if it doesn't go up, it needs to start going up eventually.

However, if we consider the fact that it's not really there yet, and it's still low, I agree that more people wants it stay like this, so we could buy some more bitcoins and that's a very important thing. This is why I agree that it's not really a huge deal right now if it doesn't go up, at least for a while longer, it will take some more months for sure.
member
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The main difficulty before these investors is that they cannot choose which currency they want to invest in. They usually flock towards bitcoin and ethereum which are the top two coins in the crypto market and blindly invest in them without any scrutiny due to the fact that it is so transparent.

The good news for Ethereum The Ethereum The Merge date is estimated to be September 19 if there are no obstacles https://cointelegraph.com/news/ethereum-dev-confirms-perpetual-date-for-pos-merge
legendary
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Quote
A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
I don't really agree with this statements, btc is not widely accepted but it is accepted in many online and offline stores. Part of the reason why people don't use crypto is lack of aware and understanding, when a good number of people understands btc properly the awareness will increase and so will be acceptance.

Most places don't accept Bitcoin, though. I don't see that as a large obstacle because there are other ways you can spend Bitcoin without needing to rely on local businesses to do so, but I understand the appeal of not wanting to use Bitcoin if you end up having to keep swapping it with fiat in order to do business. The conversion fees end up being quite the hassle. Online stores aren't the only places where people need to conduct commerce, you know.
copper member
Activity: 2968
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You mean the current bear is the end of the market or the bear market is about to end soon? Either way, no one can for sure say that they bear marketing is coming to an end. If you think it is coming to an end, then I am sure you invested a lot of money, I mean all your money in crypto currencies, right? But no, you didn't. Because you aren't also sure that the bear market is about to come to an end or no.

And if you mean this bear market is going to end everything, then please go around and see how many times people claimed that it was the end of crypto currencies every time there was a bear market.
legendary
Activity: 2142
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Too early and too easy to say that this is the end of the market. Well, the crypto bearish era is something that is very usual and this is likely a cycle. In every bullish and bearish, there will be also FUD that reports about the negative sides and end of cryptocurrency. This has been since for many years past. But in fact, the crypto industry is still ongoing now and many developments are here. So does this current bearish market, we can just be more patient and wait for the market to be normal and then bullish again. DOn't hurry to state about the end of the market.
Any bear or bull market always has its limits and boundaries. I would still not argue that this is for a long time because there are too many variables that can ultimately affect the result. Let's not forget that in its current state, the cryptocurrency market is pretty much synchronized with traditional stock markets, and it is at this stage that we can say that the bearish trend will end when the same thing happens on the stock market. And even more so, it is not worth talking about the end of the market, but however, those who are in the topic should already get used to that such conversations appear with regular frequency when negative phenomena occur in the cryptocurrency market and are still successfully overcome in the end, therefore, based on previous experience, it should be expected that this will happen in further.
hero member
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Too early and too easy to say that this is the end of the market.
Well, the crypto bearish era is something that is very usual and this is likely a cycle. In every bullish and bearish, there will be also FUD that reports about the negative sides and end of cryptocurrency. This has been since for many years past. But in fact, the crypto industry is still ongoing now and many developments are here.
So does this current bearish market, we can just be more patient and wait for the market to be normal and then bullish again. DOn't hurry to state about the end of the market.
staff
Activity: 3304
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly and more and more countries are actively opening tenders to legalize bitcoin.
What would the reason be of a increase? A marginal increase yeah, but I imagine we'll be rebounding for a few months at the very least. These are uncertain times outside of Bitcoin, and Bitcoin is likely the least of people's concerns in the next year or so.

You might be right not to worry about the future, but the short term, no country or company is realistically going to start accepting Bitcoin. There's too much negative stigma around it, whether it's valid or not. For example, first we have the recession which means a volatile investment isn't likely to garner much attention during that time, but also there's the energy claims that have tarnished Bitcoin's reputation a little bit, and have prevented further adoption, due to institutions preferring to keep their public relations in tact. Lets be clear, I think these claims are unsubstantiated, and rather unfair to single out Bitcoin, but that's how it goes. Truth doesn't matter in todays world, it's more about looking good, as evidence by several trends that companies tend to follow.
hero member
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Many experts believe that the bear market trend is still continuing,
It doesn't need an "experts" opinion to tell that we're still in a bear market.

maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly and more and more countries are actively opening tenders to legalize bitcoin.
We don't know when the reversal will. But that's the good approach that everyone must have, there is no need to worry if you're one of those people that's very enthusiastic with bitcoin.

We all know where it's going and that's why we're just trusting and holding it.
legendary
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
We cant really tell on when this bear market would end up or having a bullish turn but its true that instead people freaking out for this declining prices.Then why not really seeing this opportunity for people to buy or
accumulate on cheaper price?

Bear market is a very common situation or scenario on this market because it cant be called a market if we are just moving in one direction.Ending up crypto market is something
a very impossible thing considering on how high the support it is getting then we could really say that it would still take decades or even forever.

So dont make yourself put in panic whenever we do see price declines.

i don't think we will be seeing the end of this market. because instead of decreasing the number of crypto users, it is increasing. so the end should not be a worry for most. this is a very good opportunity to collect some valuable coins. for sure, some will regret later on that they haven't bought during this bearish period. doubt this market if there is no one talking about anymore about crypto.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
We cant really tell on when this bear market would end up or having a bullish turn but its true that instead people freaking out for this declining prices.Then why not really seeing this opportunity for people to buy or
accumulate on cheaper price?

Bear market is a very common situation or scenario on this market because it cant be called a market if we are just moving in one direction.Ending up crypto market is something
a very impossible thing considering on how high the support it is getting then we could really say that it would still take decades or even forever.

So dont make yourself put in panic whenever we do see price declines.
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