It looks like the bull market is over, this is seen where the prices of bitcoin and altcoins have decreased significantly this week. This decline continued the decline in the previous week. Therefore, it is natural for bitcoin to enter a saturated market because for several months it has continued to show price increases, let alone price declines have also occurred due to concerns about the emergence of a new variant of COVID-19.
We are in critical time of crypto, and the bull market does not occur two times in a year, bitcoin and altcoins life of market movement happened differently, weather bitcoin come first and catalysts the others price movement also, we are out of Corona virus period but still the price of bitcoin is not yet balance as expected, that indicates that increment in bitcoin will come up again in 2022 if time is not taking 
Topic: What is your opinion on recent bull market, will it be over soon? - page 2. (Read 1048 times)
December 14, 2021, 05:28:33 AM
December 14, 2021, 04:49:14 AM
I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.
It is indeed happening , each time there is a small increase then the decline is much higher in which shows how the market is entering a bearish position ,if this continues to happen in the next 2 weeks then we are surely facing a Bear 2022 and the prayers for 2021 100k will totally accepted to not happening .
Btc is now 48k$ but I think it is still bullish and soon it will risse and reach 80k$.The market is now different from the past bull run, the price movement and the demand or adaption of btc is really different, looking at the past price chart makes me think how far can bitcoin go?.
Falls down to 46k actually yesterday and today in the scenario where people are looking for Increase .maybe this is the sign that the market is entering Bear and we must be ready to what will come sooner.
December 14, 2021, 04:45:00 AM
I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.
I would not say that a bear market has come even though it is week 5 the bitcoin price has corrected from ATH $69K to a price of $47K. We can still expect a similar bullish pattern on the bitcoin price before it reach the end of the year, but we are so close to the end of the year that we only have 16 days left from now.It is true that there is little doubt about the next bullish move in the near term, but no one knows what will happen in the rest of December even though the bitcoin price is currently undergoing a correction. At least $40K support can still be expected to hold during this panic, so we can still hope for further recovery.
If this is not a bear market, then what it is then? Correction during 5 weeks? I wish to believe in this, but it is hard to do it. As soon as the Bitcoin price recovers a bit during a day, after lunch it starts to drop down again. Bears are pushing it down and encourage people to sell, especially before Christmas and New Year. I believe that we have fully entered a bearish trend, completely skipping altseason in 2021. I think we are repeating Spring 2018 cryptocurrency steps right now.
December 14, 2021, 04:34:22 AM
I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.
I would not say that a bear market has come even though it is week 5 the bitcoin price has corrected from ATH $69K to a price of $47K. We can still expect a similar bullish pattern on the bitcoin price before it reach the end of the year, but we are so close to the end of the year that we only have 16 days left from now.It is true that there is little doubt about the next bullish move in the near term, but no one knows what will happen in the rest of December even though the bitcoin price is currently undergoing a correction. At least $40K support can still be expected to hold during this panic, so we can still hope for further recovery.
December 14, 2021, 04:17:00 AM
I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.
December 13, 2021, 05:51:52 PM
Really hard to predict, but if we end this year without getting over $50k, we might be in the bear market and this bull run is over. As the new cycle will reappear 2022-2024, I don't want to sound to be loom and doom but we have to accept the fact and be ready for a long bearish trend. On the other hand, if you are for the long term, then once bitcoin goes down hard it will be a perfect opportunity to fill our bags again and wait till the next halving.
I don't think though, we might stay below $50K at the end of the year.
But then suddenly spike in January to $60K or more. So it's not a good gauge for me to say that we are going into bear market just because we can't get over the resistance of $50K.
We all know how volatile the market is, and only a single news is needed to create another FOMO that will bring a lot of investors to the market again and that could happen in the first quarter of 2022.
or doesnt really have any reason at all.
For now its best not to expect that much on things because price could really be different neither we go up or down.
Best thing is to know on how to make move on different situations.
December 13, 2021, 06:57:34 AM
Really hard to predict, but if we end this year without getting over $50k, we might be in the bear market and this bull run is over. As the new cycle will reappear 2022-2024, I don't want to sound to be loom and doom but we have to accept the fact and be ready for a long bearish trend. On the other hand, if you are for the long term, then once bitcoin goes down hard it will be a perfect opportunity to fill our bags again and wait till the next halving.
I don't think though, we might stay below $50K at the end of the year.
But then suddenly spike in January to $60K or more. So it's not a good gauge for me to say that we are going into bear market just because we can't get over the resistance of $50K.
We all know how volatile the market is, and only a single news is needed to create another FOMO that will bring a lot of investors to the market again and that could happen in the first quarter of 2022.
December 13, 2021, 06:19:12 AM
Really hard to predict, but if we end this year without getting over $50k, we might be in the bear market and this bull run is over. As the new cycle will reappear 2022-2024, I don't want to sound to be loom and doom but we have to accept the fact and be ready for a long bearish trend. On the other hand, if you are for the long term, then once bitcoin goes down hard it will be a perfect opportunity to fill our bags again and wait till the next halving.
December 13, 2021, 05:23:19 AM
Btc is now 48k$ but I think it is still bullish and soon it will risse and reach 80k$.The market is now different from the past bull run, the price movement and the demand or adaption of btc is really different, looking at the past price chart makes me think how far can bitcoin go?.
December 08, 2021, 09:17:25 AM
It looks like the bull market is over, this is seen where the prices of bitcoin and altcoins have decreased significantly this week. This decline continued the decline in the previous week. Therefore, it is natural for bitcoin to enter a saturated market because for several months it has continued to show price increases, let alone price declines have also occurred due to concerns about the emergence of a new variant of COVID-19.
December 02, 2021, 04:18:03 PM
This time bear may not come out like it did in 2018 and 2019. There are different positive information and news that has happened around cryptocurrency and bitcoin from last year to 2021 and these are going to influence the inflow of liquidity in crypto market. The use in bitcoin is well on the increase and this has got some platform to open acceptance of bitcoin like PayPal and other institutions like Amazon planning adoption . This will further widen the reach of cryptocreency so bear may not be as expected until the second quarter of next year when the increase is expected again.
I believe that one of the main reasons why we are not going to see 2018 or 2019 like bear market is the fact that we have a lot more corporations involved as well. There are companies who can buy billions of dollars worth bitcoins, or even if not that much their combine purchase could be billions of dollars. This is why I believe that it is very likely for bitcoin to never have that kind of fall ever again.I get that it is going to be something very unlikely for bitcoin to not have any fall at all, as we have seen from the recent drops that we could have some price drops but at the end of the day we are still living in a situation where these huge corporations may not allow it to be 30k ever again, they will not want to publish those kinds of falls in their profit and people may think they are mismanaging their portfolio so those companies will try their best to keep it at that level.
December 01, 2021, 11:20:05 PM
The current situation of the crypto market has shown a bullish return, the price of bitcoin is approaching the important market and psychological levels. The price of BTC has been rising since a few days ago where it has touched the level of $58k, this will be the beginning of a very strong new move that could renew the price indicator record in the next year. Therefore, we will find out what surprises to expect from cryptocurrencies from the end of this year to the beginning of next year, and we expect new record prices from the crypto market leaders.
bitcoin price is fluctuating like people are climbing some mountains and it is happening. seems to be doing a strong warm-up to be able to penetrate the new ATH price this December. the opportunity to buy bitcoin price correction is almost gone and bitcoin is trying to crawl ahead. are we among those who missed the boat again after yesterday bitcoin broke its high of $68k.
December 01, 2021, 05:26:53 PM
IMHO, I believe thats the reality, it has no permanent situation in this world everything has changed, including the crypto market. Actually, we are in the transition period now, and maybe in the last quarter of the year 2021 we can see and experience it, as the bearish trend has been seen in all angles, But it's not the first time we experience it because in 2018 the longest crypto winter in the history was the worst one so just believe the crypto industry will survive through the test of time.
This time bear may not come out like it did in 2018 and 2019. There are different positive information and news that has happened around cryptocurrency and bitcoin from last year to 2021 and these are going to influence the inflow of liquidity in crypto market. The use in bitcoin is well on the increase and this has got some platform to open acceptance of bitcoin like PayPal and other institutions like Amazon planning adoption . This will further widen the reach of cryptocreency so bear may not be as expected until the second quarter of next year when the increase is expected again.
December 01, 2021, 01:47:20 PM
The current situation of the crypto market has shown a bullish return, the price of bitcoin is approaching the important market and psychological levels. The price of BTC has been rising since a few days ago where it has touched the level of $58k, this will be the beginning of a very strong new move that could renew the price indicator record in the next year. Therefore, we will find out what surprises to expect from cryptocurrencies from the end of this year to the beginning of next year, and we expect new record prices from the crypto market leaders.
Trend could really changed in a snap thats why im not really that much confident whenever bitcoin or the entire market does have some good bullish runbecause anytime it could really be having that u turn which would might result into frustration when you do hope that much or being too optimistic
which its not really bad to consider out on making wise moves and plans whatever trend you would able to engage on.
December 01, 2021, 11:36:08 AM
I think the massive correction of Bitcoin price is over since the end of last september and now bitcoin has been on the rise since the beginning of October to date. However, of course the big question is how long this trend of rising prices will continue. Speculation about the period of this bullish market trend continues to emerge, especially since Bitcoin is now a regular news item in the mainstream media.
Yes, listen to this. The current good price trend is expected to last throughout December and fuel the market for bulls until early January 2022. Bitcoin is very popular in 2021 simply because of its market cap and the price per coin has passed the price of 1 kg of gold and has become a natural thing to report in the market. mainstream media, this is the highest price in its history and we should not forget that in the past the price of $69K was not on people's minds.But what makes the price of Bitcoin go up and down? Is this just endless good and bad news, or are there other indicators that can accurately predict future price movements and declines?
Good news and bad news can affect supply and demand, this is the reason why price volatility occurs. I'm not talking about the possibility of a whale game, but if we can be in a bull market then we can also be in a bear market at any time. To predict price you can use TA and FA, this can help you in making decision. I'm sure none of that is accurate, but you and the others might come close. The best accuracy is luck, so even if you have analyzed with various indicators, you also need luck. December 01, 2021, 11:20:18 AM
The current situation of the crypto market has shown a bullish return, the price of bitcoin is approaching the important market and psychological levels. The price of BTC has been rising since a few days ago where it has touched the level of $58k, this will be the beginning of a very strong new move that could renew the price indicator record in the next year. Therefore, we will find out what surprises to expect from cryptocurrencies from the end of this year to the beginning of next year, and we expect new record prices from the crypto market leaders.
December 01, 2021, 10:11:23 AM
Yes it will likely be over soon.
We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.
It’s ok to be a degenerate right now and chasing 10,000% gains and memecoin pumps. It’s actually important to be a degenerate in a bull run, otherwise you miss the crazy 10,000% opportunities every bull run brings.
However, many crypto investors have become addicted to crypto and it has become most their main identity.
Then, once the bull run is nearing its end, they don’t want to lose this identity and their current lifestyle.
They want to keep sitting at home looking at charts, hanging out in telegram groups and disrupting the financial system and not work in a cubicle 9–5 with a boomer boss who has no clue about what’s going on in the world right now.
They don’t realize that they can go to a nice island and sip margaritas and don’t have to go back to that 9–5 cubicle, because they are too deep in the trenches.
Chilling on an island and sipping margeritas is part of the crypto life cycle as well.
I think the massive correction of Bitcoin price is over since the end of last september and now bitcoin has been on the rise since the beginning of October to date. However, of course the big question is how long this trend of rising prices will continue. Speculation about the period of this bullish market trend continues to emerge, especially since Bitcoin is now a regular news item in the mainstream media. But what makes the price of Bitcoin go up and down? Is this just endless good and bad news, or are there other indicators that can accurately predict future price movements and declines? We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.
It’s ok to be a degenerate right now and chasing 10,000% gains and memecoin pumps. It’s actually important to be a degenerate in a bull run, otherwise you miss the crazy 10,000% opportunities every bull run brings.
However, many crypto investors have become addicted to crypto and it has become most their main identity.
Then, once the bull run is nearing its end, they don’t want to lose this identity and their current lifestyle.
They want to keep sitting at home looking at charts, hanging out in telegram groups and disrupting the financial system and not work in a cubicle 9–5 with a boomer boss who has no clue about what’s going on in the world right now.
They don’t realize that they can go to a nice island and sip margaritas and don’t have to go back to that 9–5 cubicle, because they are too deep in the trenches.
Chilling on an island and sipping margeritas is part of the crypto life cycle as well.
November 27, 2021, 09:01:17 AM
I think it is being fueled by the Asian market, but the thing is that most sell-offs happen in the US and North American time zone, at least that's how I observed it.
We are in above a recovery to $60k again, but was quite surprised that another dip has to happen in the US timezone and pull back the price below the support line of 55k. And now it's Asian market time so let's see if we can bounce again, current price $54,090.
We are in above a recovery to $60k again, but was quite surprised that another dip has to happen in the US timezone and pull back the price below the support line of 55k. And now it's Asian market time so let's see if we can bounce again, current price $54,090.
Can't say really, and it doesn't seem apparent in any case when I do try to observe during Asian times -- and none of the activity on my p2p accounts really suggest much except that it's more active when people are awake in those timezones (big duh).
As I was saying in a separate thread, was also surprised by yesterday's pretty sudden slip. I thought, unscientifically, it could be just people liquidating Bitcoin to do some last-ditch shopping on this entire weekend. I should know, I've been pressured to get some stuff at discounts too heh heh.
November 26, 2021, 05:59:17 PM
Thats weekly bars and its not got that many on there to draw great significance but its enough to note each bar or rung further down we move from here does stretch the bullish argument. We might reset in price to a lower major point like 50k. So far every negative attempt has corrected upwards but its possible people withdraw cash from BTC generally and it would take place like that probably.
A slight yikes moment for me waking up early today actually as I'm making a sell this morning, and it's been a pretty decent while since I've had to grit down on a 5%+ loss overnight. Price of being in Bitcoin, no matter.
Not sure what to make out of the (lack of) bounce from 60,500 support though. Thought even if we did threaten that, we'd get some long-earned inertia pushing it back up but Asian trading time doesn't seem willing to fuel a recovery.
I think it is being fueled by the Asian market, but the thing is that most sell-offs happen in the US and North American time zone, at least that's how I observed it.
We are in above a recovery to $60k again, but was quite surprised that another dip has to happen in the US timezone and pull back the price below the support line of 55k. And now it's Asian market time so let's see if we can bounce again, current price $54,090.
November 25, 2021, 01:12:37 PM
I do not know when that will happen neither, but it doesn't happen very slowly, so a stop loss should allow you to be keeping safe from a sudden crash, I suggest using one that is not too close, but not at 30k neither.
Unfortunately it wasn't a long living bull market, however it showed what it needs to show and that's all that matters. I personally would love to have a lot more better situation regarding the price but that doesn't mean that I will not care for whatever we have right now neither. When it is going up then I am quite happy because it is high and I am richer, when it is getting lower like this then I am still happy because that means I could buy more.I just hope that it stays like this until the first of December so that I could put my salary into crypto, that way I would be getting richer for having some more bitcoin bought at cheap levels. Honestly, it is really no brainer that if you approach crypto the right way then you are going to be making a great amount of profit, it will also allow you to always see the positive and never get scared about your decisions.
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