When do you see the true bear market coming? - page 7.

indah rezqi

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Quote from: globalpain on September 20, 2021, 06:00:43 AM

Quote from: indah rezqi on September 20, 2021, 05:20:25 AM

I predict that Bitcoin will reach another 20% gain after its decline this year. Imagine that in September Bitcoin could reach a price of $52K after a price decline from $63K to $50K. To me it's amazing what's happened to Bitcoin in this year.

However we need to follow the development of Bitcoin itself,
I don't really expect Bitcoin to hit $52k this September,
what's clear is better to just follow the progress and hopefully what you expect can happen

Developments still have to be followed, because if we don't follow developments then we don't know how Bitcoin is going. For this year, I am proud of the development of Bitcoin, even though the world economy is in a slightly different condition due to the pandemic, but Bitcoin can reach a price above $ 60K and in September it can also reach a price of $ 52K. That's amazing for me.
It's too arrogant in my opinion if you don't really expect Bitcoin to rise in price this September when everyone is hoping for Bitcoin to rise soon. Because if Bitcoin rises, other coins will rise too.

mu_enrico

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Bear market is something that I've been waiting! It's a nice period to accumulate, and then sell it when the new ATH comes. I think this moment onward, we will see the price continue to decline to give the opportunity to buy low! You guys should be happy when the bear market is coming, it means fill your bag and wait for the next pump. For those who already sell at the ATH, they will wait for this opportunity. Don't miss it!

DonFacundo

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If the bitcoin price dump so hard then definitely the market will starting to crash like in the year 2018. Now the market is down I don't think the market will go dump, I think it's not about to happen in this year so I hope we will see the pump of cryptocurrencies before end of this year.

TmHsHel

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Quote from: purka5 on September 20, 2021, 05:27:29 AM

Now the cryptocurrency is actively used in the entertainment and gaming industry. Here is an example of this https://cinemadraft.medium.com, so the number of cryptocurrency users will continue to grow.

It is good that the DeFi industry is developing and DeFi is already being used in the entertainment industry, in movies and in games. I think the scope of application of DeFi will expand in the future.

sana54210

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Quote from: dhemasm on September 20, 2021, 07:44:14 AM

Quote from: RussianEnglishTranslation on September 20, 2021, 03:16:12 AM

Institutions are in now, they are ready to pump it to normies. We will see mainstream adoption this time.

Yeap, Comparing to 2017, Current bullish it's really big since there was lot of instituions are in same as you said, Beside that some big company like Tesla or Nexon it's also joining the the wave by buying and holding some BTC, On the other side facebook was reviving "Libra" With "Diem" and beside that lot of good things happenings lately on the market so i suppose we are closer to see the mainstream adoption.

When you check it on how much it increased, the price was around 700 dollars when it first started in 2017 and it was 20k at the peak time, that is nearly 30x increase total. We didn't had anything remotely close to 30x this year, even at the bottom it was 4k and at the top it was 64k which is 16x and that is from bottom on march, if we check the start at 9k then we moved like 7x at the very best case. Which is why this increase is nothing compared to the increase and profit we made during 2017.

However if you look at the amounts, we have reached 64k which is 3x more than what our previous ATH of 20k was, and it required billions upon billions to reach there. We had plenty of coins reach their ATH as well, so the general market had 2x at the very least when you look at combined marketcap of all things in CMC. So this is why it was better or worse depending on where you look at.

dhemasm

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Quote from: RussianEnglishTranslation on September 20, 2021, 03:16:12 AM

Institutions are in now, they are ready to pump it to normies. We will see mainstream adoption this time.

Yeap, Comparing to 2017, Current bullish it's really big since there was lot of instituions are in same as you said, Beside that some big company like Tesla or Nexon it's also joining the the wave by buying and holding some BTC, On the other side facebook was reviving "Libra" With "Diem" and beside that lot of good things happenings lately on the market so i suppose we are closer to see the mainstream adoption.

globalpain

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Quote from: indah rezqi on September 20, 2021, 05:20:25 AM

I predict that Bitcoin will reach another 20% gain after its decline this year. Imagine that in September Bitcoin could reach a price of $52K after a price decline from $63K to $50K. To me it's amazing what's happened to Bitcoin in this year.

However we need to follow the development of Bitcoin itself,
I don't really expect Bitcoin to hit $52k this September,
what's clear is better to just follow the progress and hopefully what you expect can happen

purka5

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Quote from: Om.monata on September 19, 2021, 06:38:49 PM

Quote from: Why you bully me on September 18, 2021, 08:08:26 PM

Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

With an increase in the current price position to become a bear market like 2018 it looks like it will be difficult. because the conditions are different it means the crypto market has to drop 80%. but in my opinion, the crypto market will always have a bear market but it may be different from 2018

Now the cryptocurrency is actively used in the entertainment and gaming industry. Here is an example of this https://cinemadraft.medium.com, so the number of cryptocurrency users will continue to grow.

indah rezqi

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I predict that Bitcoin will reach another 20% gain after its decline this year. Imagine that in September Bitcoin could reach a price of $52K after a price decline from $63K to $50K. To me it's amazing what's happened to Bitcoin in this year.

tvplus006

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Quote from: Al Qiyamah on September 19, 2021, 06:03:23 AM

Nobody wants a bear market unless you plan to buy some coins and hold on to them until you make a profit. ..

There are a lot of traders on the market who hold short positions and, accordingly, are waiting for a further decline in bitcoin and other altcoins. Therefore, it is wrong to say that no one wants a bear market. In addition, there are a lot of traders who have sold their cryptocurrency at high and are now waiting for the moment when they can buy it at a low price.

RussianEnglishTranslation

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Quote from: Why you bully me on September 18, 2021, 08:08:26 PM

Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

Institutions are in now, they are ready to pump it to normies. We will see mainstream adoption this time.

arifteguhr

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Quote from: robinator on September 19, 2021, 12:16:35 PM

Keep an eye on Bitcoin as all other altcoins follow it and the market will likely get bearish by December 2021. Focus on stablecoins to safeguard your money, a good alternative to circle is ARYZE "Digital Cash", it is meant to be a full-reserve stablecoin.

Hello newbie, are you familiar enough with stablecoins in the cryptocurrency space and what are the stablecoins that are often used by everyone in cryptocurrencies so far? if you just woke up from your sleep, please don't spread your fomo and nightmares here by predicting the market will be bearish at the end of this year.

Bikan

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yeah, it is not advisable to compare the present market with previous, so for most investors, the start of a bear market will come fast and unexpectedly.

Naturally, I feel the bitcoin market is rigged. However, I believe that if prices decrease, prices would rise to higher levels again and investors have to decide and take the opportunity. Good Luck

gabbie2010

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Quote from: Why you bully me on September 18, 2021, 08:08:26 PM

Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

No analyst can accurately predict any upcoming bullish or bearish market, there are cases where fundamentals and Technical analysis do help in determine any imminent drop negatively, recently Elon Musk made a negative remarks about Bitcoin consequently resulted to massive dumping of the price thus a yardstick in determining whether there is going to be a price drop is to kept abreast with latest Bitcoin news both positive and negative, there are instances when Technical indicators do predict but those indicators lags thus the drop would have down ahead before the indicators triggers it signal.

molsewid

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Quote from: kevindjunaidi on September 19, 2021, 07:18:25 PM

in my opinion, a bear run is happening right now, because the price of Bitcoin and altcoin has fallen very far from its ATH price, it's just that the current bear run is not as bad as in 2018, because I believe that market conditions this year will recover quickly and the price will increase again very soon, then now is the right time for you to invest in cryptocurrency before the market starts to recover and increase again, so you can get a big profit from investing in cryptocurrency at this time.

I think we could actually say that the price corrections on the crypto tokens happening this month can be called as true bear market. I do heard that bear market somehow comes within the month of August but today it is effectively happening in the crypto market and wide red candle dominates the crypto market. I don't think so how long we all gonna deal with the bear market but I'm just hoping it would effectively recover the soonest since we are now going to approach the Q4 of the year.

kevindjunaidi

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Quote from: Why you bully me on September 18, 2021, 08:08:26 PM

Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

in my opinion, a bear run is happening right now, because the price of Bitcoin and altcoin has fallen very far from its ATH price, it's just that the current bear run is not as bad as in 2018, because I believe that market conditions this year will recover quickly and the price will increase again very soon, then now is the right time for you to invest in cryptocurrency before the market starts to recover and increase again, so you can get a big profit from investing in cryptocurrency at this time.

Scripture

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Quote from: Why you bully me on September 18, 2021, 08:08:26 PM

Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

When Bitcoin goes below $40k, that’s a signal for me that we are already in bear market but there’s nothing to panic about since I assume we’ve learn a lot from 2018 and we all know that the market will always recover so buying during bear market is always a good idea. Let’s see if bear market will still happen this year.

Om.monata

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Quote from: Why you bully me on September 18, 2021, 08:08:26 PM

Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

With an increase in the current price position to become a bear market like 2018 it looks like it will be difficult. because the conditions are different it means the crypto market has to drop 80%. but in my opinion, the crypto market will always have a bear market but it may be different from 2018

Shallow

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Quote from: Why you bully me on September 18, 2021, 08:08:26 PM

Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

To begin with, no one can tell you that correctly or even predict it accurately. Let me go by this, few months ago when there was fud on Bitcoin and so on, it caused the market to dump badly and many started with their predictions of how what Bitcoin price will be, how bad it will get and many others, to make it worst, many fuds and manipulation took place then, thus having a lot of people to think that another longer bear market will set in , but after some weeks we saw Bitcoin proving all of them wrong. Therefore, it means that, a lot of people only states what they think will happen and it's left for the market to react the way it want to, because it is run by humans.
Lastly, a lot of people are beginning to believe that, in as much as there will be bear market or market dump, it won't get to the level of 2018 bear market owing to the fact that a lot of platforms, organisations and countries are getting into crypto thus making it more stronger then before.

AmoreJaz

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Quote from: DarkDays on September 19, 2021, 05:59:51 PM

Quote from: gwdf1 on September 19, 2021, 01:39:32 AM

Quote from: Why you bully me on September 18, 2021, 08:08:26 PM

Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

According to predictions, there will be a bear market in winter.

Have you got a link for this bear market prediction for people to read upon?

Quote

So just follow Bitcoin and you will know if it is still a bullish market or not.

Yes, usually BTC sets the precedence for alts market. So whenever alts start pumping like mad on a daily basis and BCT is struggling then I'd say that's a sign of bears. Either way, you have to look at the market to make these judgements.

i don't think you can really get a reliable one for this bear market prediction. they are just speculating and basing the charts, maybe from previous years. and the big difference is, we have different scenario in the market now. so i don't think it will be valid to apply in the current market. the factors also change. as for me, up until now, no one can still give a precise prediction on what may happen to the market. but i do agree, BTC is still heading the pack. most alts are following its performance in the market. but don't get too complacent as it still depends on the specific coin itself.

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