I think that we were still in the bear market until this rally started. There is no need for the price to go down to $5k or $10k to call it as the bear market. If the price starts struggling too much and decreases gradually, it is nothing different than the bear market to me. But now, I believe that we aren't in it.
Well bitcoin price is always changing too drastically, but i agree with you that if the price starts to be struggling so much, and it started to decrease even more more without seeming that it will go up again, i think we can call it the bearish market. However, since the price of bitcoin is always volatile and quite unpredictable, i think we need to take some time to consider, whether it's bearish, bullish or what. But now, i agree that it's not bearish. 
Topic: We exited the bear market earler than expected - page 3. (Read 1094 times)
There is one thing that have changed in the history of crypto since 2009 and that's mass adoption, as we can see this year bull season is one of a kind very stronger than whatever we may have seen in the past, many predicts that the bull market is over judging from what happened in 2017 but instead the market is very much alive, this is a new milestone for BTC
That's right, the bear market hasn't come yet you have a large profit, you can come out the market is now much lower than it was in the bear market at the beginning of 2021 even if the market rises slowly it will take time for the bull market to come. At a time when bitcoin prices were low investors made more profit than they could afford but it would be foolish for those traders who are now investing to come out everything is changing in the market. Wait until the bull runs.
I didn't feel like it was a bear market so I don't necessarily agree with you but I am happy that if there really was a bear market, we did exited it much early than we could've expected. Good thing that at that time, I bought a lot of bitcoin and now the prices are pumping and now I can probably enjoy a big profit.
This was not a bear market .
No it wasn’t. This topic is merely a counter-argument against someone else who made a topic that, “Bitcoin went to a Bear Market earlier than expected”, because “reasons”. Haha.
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I primarily mine to get coins.
My mining profits never suffered. Since BTC diff drop from 23 to 14 from April price of 63k to 29k
now diff is 14 and price is 45
so
23/14 = 1.64. so if you mined 1 coin at 63 k or 1.64 coins at 29k cash wise you got 63k in April or 47 k on the lowest price in July
now you have a factor of
23/14.5= 1.58 and price is 45k or 71 k worth of coins.
If you study every day from the April price of 63 k and diff of 23. yo now you will see miners did not suffer much
In 2018 diff was 1.4 and got to 6.9
price dropped from 20k in 2017 to 6k in oct 2018
both bear in price of coins an in mining profits
I know traders mainly think in coin price. to say bear or bull
But miners have to go beyond that.
So this is more of a mixed market as a whole. Maybe we grind it out past 70k then the real bear wakes up.
I have this question, phillip. Are some miners also speculators? For example during bearish months, do some of them decide to mine at a loss because they believe that Bitcoin will surge later?
We were actually still in the bear market until a few days ago. Now, everything has changed about the market. Nearly all of the cryptocurrencies are bullish, Bitcoin being in the first place. And this may even trigger reaching a new ATH levels for many cryptocurrencies in the future. It depends on whether this is the bull market or not of course. But I feel like bullish.
Weeks back when the price was bearish people were into discussion how long this trend will continue. For that it is found to be the same for few months time. Particularly it was believed to have the bear trend atleast till the year end. Now the bull pattern of growth has begun and it hasn't turned completely bullish. Now it is all about a new ATH, we don't know what's really gonna happen. You sure have not met a bear yet and maybe hopefully this may register as the only long lasting bear you or we may see henceforth. You didn't witness the most talked about bear that started from 2017 December ending to around February, 2020. That was the bear that price fell from $20,000 to below $4,000. That bear saw many investors being trapped at the top and many sold off at loss because it took longer to revert, many lost hope hodling. For now, we may not see such bloody kind of bear because of the activities and news of adoption going on around bitcoin.
That was so bloody year since the bear market season is so long gladly we didn't experience that these year since maybe the adoption is so huge this year plus their are plus factor of institutional investors contribute to the whole economy, But I think this year is not the same last December end month to 2018 since we see a big figure and still the price still bouncing back again. Although the scenario is the same with panic selling but I believe the people who do that is the newbies which didn't experience the past bear market season. The downside of being so high in price is that the amount of % changes are very little, back in the day from 4k to 8k wasn't a big deal, or even 8k to 9k was something daily, that is 10%+ very easily, we have that today as well but a lot less common, also 2x is nearly once a year, whereas it was few times a year. Bloody year is a correct call, but at the same time it was a blessing for us to make a lot more profit, gave us a wiggle room where we could make a lot more profit whenever we want to, of course it was not a simple thing endure it but afterwards was very profitable.
We were actually still in the bear market until a few days ago. Now, everything has changed about the market. Nearly all of the cryptocurrencies are bullish, Bitcoin being in the first place. And this may even trigger reaching a new ATH levels for many cryptocurrencies in the future. It depends on whether this is the bull market or not of course. But I feel like bullish.
As of this time, I can’t say that we have “completely exited” the bear market. Of course, Ethereum’s London hard fork upgrade is the main factor that makes the bulls gain the upper hand once again. However, the market is still unpredictable and has high volatility. We just have to invest and trade an amount that we could afford to lose.
This was not a bear market . I primarily mine to get coins.
My mining profits never suffered. Since BTC diff drop from 23 to 14 from April price of 63k to 29k
now diff is 14 and price is 45
so
23/14 = 1.64. so if you mined 1 coin at 63 k or 1.64 coins at 29k cash wise you got 63k in April or 47 k on the lowest price in July
now you have a factor of
23/14.5= 1.58 and price is 45k or 71 k worth of coins.
If you study every day from the April price of 63 k and diff of 23. yo now you will see miners did not suffer much
In 2018 diff was 1.4 and got to 6.9
price dropped from 20k in 2017 to 6k in oct 2018
both bear in price of coins an in mining profits
I know traders mainly think in coin price. to say bear or bull
But miners have to go beyond that.
So this is more of a mixed market as a whole. Maybe we grind it out past 70k then the real bear wakes up.
My mining profits never suffered. Since BTC diff drop from 23 to 14 from April price of 63k to 29k
now diff is 14 and price is 45
so
23/14 = 1.64. so if you mined 1 coin at 63 k or 1.64 coins at 29k cash wise you got 63k in April or 47 k on the lowest price in July
now you have a factor of
23/14.5= 1.58 and price is 45k or 71 k worth of coins.
If you study every day from the April price of 63 k and diff of 23. yo now you will see miners did not suffer much
In 2018 diff was 1.4 and got to 6.9
price dropped from 20k in 2017 to 6k in oct 2018
both bear in price of coins an in mining profits
I know traders mainly think in coin price. to say bear or bull
But miners have to go beyond that.
So this is more of a mixed market as a whole. Maybe we grind it out past 70k then the real bear wakes up.
Apparently, this is the first bearish market I'm experiencing ever since I got interested in bitcoin and registered an account on the forum. For sure it was overwhelming indeed and was already taking too long even with the level of recognition bitcoin has got. I even didn't expect it to last the long but it did and to some extent it's good for the market.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
You sure have not met a bear yet and maybe hopefully this may register as the only long lasting bear you or we may see henceforth. You didn't witness the most talked about bear that started from 2017 December ending to around February, 2020.
He has not met the bear, but everyone can study the main 4-year market cycle of Bitcoin. Newbies are lucky they have all the data that proves an established pattern.
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That was the bear that price fell from $20,000 to below $4,000. That bear saw many investors being trapped at the top and many sold off at loss because it took longer to revert, many lost hope hodling. For now, we may not see such bloody kind of bear because of the activities and news of adoption going on around bitcoin.
In my opinion, many won’t make the same mistake during this current cycle. We might see a longer bull market cycle.
Many people tend to exit the market as soon as bitcoin price goes down not knowing that we are just undergoing a short time price correction but on the long term bitcoin is still very bullish we are no longer in the bear season.I wouldn't advice any one to panic and sell his cryto-assets because prices are definitely going to get up very soon.
Apparently, this is the first bearish market I'm experiencing ever since I got interested in bitcoin and registered an account on the forum. For sure it was overwhelming indeed and was already taking too long even with the level of recognition bitcoin has got. I even didn't expect it to last the long but it did and to some extent it's good for the market.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
You sure have not met a bear yet and maybe hopefully this may register as the only long lasting bear you or we may see henceforth. You didn't witness the most talked about bear that started from 2017 December ending to around February, 2020. That was the bear that price fell from $20,000 to below $4,000. That bear saw many investors being trapped at the top and many sold off at loss because it took longer to revert, many lost hope hodling. For now, we may not see such bloody kind of bear because of the activities and news of adoption going on around bitcoin.
That was so bloody year since the bear market season is so long gladly we didn't experience that these year since maybe the adoption is so huge this year plus their are plus factor of institutional investors contribute to the whole economy, But I think this year is not the same last December end month to 2018 since we see a big figure and still the price still bouncing back again. Although the scenario is the same with panic selling but I believe the people who do that is the newbies which didn't experience the past bear market season.
Apparently, this is the first bearish market I'm experiencing ever since I got interested in bitcoin and registered an account on the forum. For sure it was overwhelming indeed and was already taking too long even with the level of recognition bitcoin has got. I even didn't expect it to last the long but it did and to some extent it's good for the market.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
You sure have not met a bear yet and maybe hopefully this may register as the only long lasting bear you or we may see henceforth. You didn't witness the most talked about bear that started from 2017 December ending to around February, 2020. That was the bear that price fell from $20,000 to below $4,000. That bear saw many investors being trapped at the top and many sold off at loss because it took longer to revert, many lost hope hodling. For now, we may not see such bloody kind of bear because of the activities and news of adoption going on around bitcoin.
It certainly seems so, I thought there would be a bigger dip, but the prices kinda started to pump up again lmao, well, for good I guess, I have bought a couple of crypto during the dip so I wouldn't regret later I thought, was planning to buy more after it falls a bit more 
, but that didn't happen (luckily or unluckily) I guess, it was/is a fun ride nonetheless.
, but that didn't happen (luckily or unluckily) I guess, it was/is a fun ride nonetheless. Seeing the current bitcoin trend makes me optimistic that the price will skyrocket again soon, yesterday the price reached $38500 and I'm optimistic that it will soon pass the record high of $62k, continue to buy when the current low price is what I recommend.
maybe the bear ended up early but i think days and weeks later the price was down again yet that didnt last long either because in this day the market is recovering back.
community have gotten big and the support for btc got stronger too because it was now easy for its value to recover wherever it goes down . no fuds can penetrate that but there would still be other threats to btc that are serious .
community have gotten big and the support for btc got stronger too because it was now easy for its value to recover wherever it goes down . no fuds can penetrate that but there would still be other threats to btc that are serious .
Apparently, this is the first bearish market I'm experiencing ever since I got interested in bitcoin and registered an account on the forum. For sure it was overwhelming indeed and was already taking too long even with the level of recognition bitcoin has got. I even didn't expect it to last the long but it did and to some extent it's good for the market.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
Investors stepping in and some good news like bitcoin being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.
We exited the bear market earlier than everyone expected.
The prices might only start to surge from here. Many people said that the Korea FUD, the Elon FUD, and the China FUD will kill Bitcoin. But what it actually did was speed up a 3 year bear market into a 3 week bear market.
For today, bitcoin has grown in price by more than four thousand dollars, and with it all other cryptocurrencies immediately turned green. Moreover, both bitcoin and many top cryptocurrencies have increased in price by more than 20 percent over the past week. However, even with such a large increase, it is still difficult to say whether we got out of that bear market or a long period of correction after the general decline in the cryptocurrency market in May. Great things are seen at a distance. Therefore, we need to observe the market for some time and only then draw our conclusions on this issue. The prices might only start to surge from here. Many people said that the Korea FUD, the Elon FUD, and the China FUD will kill Bitcoin. But what it actually did was speed up a 3 year bear market into a 3 week bear market.
Well, it seems like you have made a claim such as "exiting the bear market" earlier than expected, lol. But hey, to your aid, no one would've expected Elon Musk to mess things up in this industry again and thay after all thay has hapoened with dogecoin, there are still people gullible enough to believe all the crap that Elon Musk tweets. Right now, I even think that we haven't seen the bottom yet,
Well, it seems like YOU have made the claim that “we haven’t seen the bottom yet”. Did you sell with the hopium that you might buy lower? I believe many are also waiting, including me, but I didn’t sell, I SAVED a portion of my salary to buy the dip. Everyone should do it too.
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so you better be careful with your investments because I think this week will be bloody.
Then make it bloody.
Well, it seems like you have made a claim such as "exiting the bear market" earlier than expected, lol. But hey, to your aid, no one would've expected Elon Musk to mess things up in this industry again and thay after all thay has hapoened with dogecoin, there are still people gullible enough to believe all the crap that Elon Musk tweets. Right now, I even think that we haven't seen the bottom yet, so you better be careful with your investments because I think this week will be bloody.
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