Topic: When Will the Bear Market End? - page 11. (Read 3732 times)
The bearish trend isn't just new to us, we've been like this before and I think we should never be surprised when we experiencing like this. The market is very unpredictable, thus, we never knew when it back into bullish trend again. It is just a hope to see it in the 4th quarter same thing happen last year.
...
I also believe the worst it is over. Bitcoin cant lose much of value anymore.
...
I also believe the worst it is over. Bitcoin cant lose much of value anymore.
...
After previous Bitcoin bubbles the BTC price always retraced roughly
90 % from the all-time high. If we assume that the price will develop
in the same way this time, we will see BTC go down to ~1950 $ / BTC.
After April 2013, we only dropped 81% from the high.
We also used to talk about 2012 as a bubble back in the old days. We dropped 50% from the highs when it crashed.
Anyway, it really depends if this is a shorter term consolidation like mid 2012 or mid 2013, or a longer term bear market like 2014. The reality is that none of the bubbles will ever look quite the same as one another. We should be prepared for something different.
I suspect
a bear market of at least 1-2 more years until the next BTC block reward halving.
a bear market of at least 1-2 more years until the next BTC block reward halving.
A multi-year bear market is definitely possible.
...
I also believe the worst it is over. Bitcoin cant lose much of value anymore.
...
I also believe the worst it is over. Bitcoin cant lose much of value anymore.
...
After previous Bitcoin bubbles the BTC price always retraced roughly
90 % from the all-time high. If we assume that the price will develop
in the same way this time, we will see BTC go down to ~1950 $ / BTC.
Since the ATH not even a year has passed. When BTC peaked
at ~1300 $ / BTC after the MtGox bubble, the bear market lasted several years!
I think you are mistaken if you think that the worst is over yet. I suspect
a bear market of at least 1-2 more years until the next BTC block reward halving.
When will bottom happen on your opinion?
I give really tiny chance that bottom would be under $2000. Almost none. Bottom under $4000 is way way more likely. But I did not put much effort in finding that, because I am not interested in prices, but I am interested in times when something happens.
I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
No one could really tell will it end as Bitcoin price is really unpredictable but hopefully it will start before this month would end as if history will repeat itself in which the Bitcoin start to boom after the Aug 1 fork event. Therefore we will just wait and see until this year would end because if the Bitcoin price will not rise again then expect many will leave this investment by next year.
...
I also believe the worst it is over. Bitcoin cant lose much of value anymore.
...
I also believe the worst it is over. Bitcoin cant lose much of value anymore.
...
After previous Bitcoin bubbles the BTC price always retraced roughly
90 % from the all-time high. If we assume that the price will develop
in the same way this time, we will see BTC go down to ~1950 $ / BTC.
Since the ATH not even a year has passed. When BTC peaked
at ~1300 $ / BTC after the MtGox bubble, the bear market lasted several years!
I think you are mistaken if you think that the worst is over yet. I suspect
a bear market of at least 1-2 more years until the next BTC block reward halving.
It still seems like people are quite hopeful. They're hopeful that the ETF or Bakkt will save them from a prolonged bear market, and that the worst is over. So they haven't given up hope.
I also believe the worst it is over. Bitcoin cant lose much of value anymore. But that dont mean that a month after bottom price will be $10k+ and new bull run starts. After bottom there will be long period of time when there will be huge negativity towards Bitcoin in media that will expect Bitcoin to go to zero. Although price will be so so stable and no one will lose any money anymore. Bitcoin will be totally unattractive for new people. Yes old holders will try to accumulate more. Those are the real dark ages of Bitcoin cycle. Price dont go down, but people are losing hope it will ever go up.
I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
No one could really tell will it end as Bitcoin price is really unpredictable but hopefully it will start before this month would end as if history will repeat itself in which the Bitcoin start to boom after the Aug 1 fork event. Therefore we will just wait and see until this year would end because if the Bitcoin price will not rise again then expect many will leave this investment by next year.
End of Bear market is in 2 - 28 months (2 years + 4 months, December 2020).
Trust me, i am a doctor.
Trust me, i am a doctor.
Even if you count start of the bull run as the end of bear market I think that 28 months limit is a bit to pessimistic. For the bottom I would put latest possible date at the end of 2019. But it should happen way before that.
I'm not sure there's going to be a mini-bull market in 2018, the market has been down for almost four months, and a rally should be possible.
I believe we are not in a "bear market" in some sense. I think we were in a bull market and the prices went up really high however it dropped pretty quickly. Remember what the prices were before December ? Well we are just going steady, there was just this one crazy insane bull run but than it went back down to real numbers. If you consider it like "bitcoin was once $20k but now it is $6k" than you will be really sad and hopeless.Nevertheless, if you see it like "bitcoin has been $6k for nearly a year except that one time in December when it skyrocketed and come back" you will feel a lot better because you shift the anomaly to $20k and not the bear market that dropped to $6k.
I'm not sure there's going to be a mini-bull market in 2018, the market has been down for almost four months, and a rally should be possible.
I believe we are not in a "bear market" in some sense. I think we were in a bull market and the prices went up really high however it dropped pretty quickly. Remember what the prices were before December ? Well we are just going steady, there was just this one crazy insane bull run but than it went back down to real numbers. If you consider it like "bitcoin was once $20k but now it is $6k" than you will be really sad and hopeless.Nevertheless, if you see it like "bitcoin has been $6k for nearly a year except that one time in December when it skyrocketed and come back" you will feel a lot better because you shift the anomaly to $20k and not the bear market that dropped to $6k.
It still seems like people are quite hopeful. They're hopeful that the ETF or Bakkt will save them from a prolonged bear market, and that the worst is over. So they haven't given up hope.
I also believe the worst it is over. Bitcoin cant lose much of value anymore. But that dont mean that a month after bottom price will be $10k+ and new bull run starts. After bottom there will be long period of time when there will be huge negativity towards Bitcoin in media that will expect Bitcoin to go to zero. Although price will be so so stable and no one will lose any money anymore. Bitcoin will be totally unattractive for new people. Yes old holders will try to accumulate more. Those are the real dark ages of Bitcoin cycle. Price dont go down, but people are losing hope it will ever go up.
I'm not sure there's going to be a mini-bull market in 2018, the market has been down for almost four months, and a rally should be possible.
I believe we are not in a "bear market" in some sense. I think we were in a bull market and the prices went up really high however it dropped pretty quickly. Remember what the prices were before December ? Well we are just going steady, there was just this one crazy insane bull run but than it went back down to real numbers. If you consider it like "bitcoin was once $20k but now it is $6k" than you will be really sad and hopeless.Nevertheless, if you see it like "bitcoin has been $6k for nearly a year except that one time in December when it skyrocketed and come back" you will feel a lot better because you shift the anomaly to $20k and not the bear market that dropped to $6k.
It looks like the bottom has already been touched around the 6k level. I've read some speculation that this bear market will last a very long time similar to the 2014 crash, but I believe this time is different. Crypto is much more widely adopted and billions have been invested in mining facilities and equipment. All these big players will not let the price crash any further.
I doubt that! We would not know though, but from the look of things I would not be surprised if what we are seeing right now could be a bull trap with so many people having loads of expectations and then the bear hits again and then all hope is lost, some who are not strong enough to keep holding starts exiting their positions thinking this is the end and then we hit the level of huge demand again where accumulation starts and then we see participation and the recovery. 
Nobody knows this right now. However, this year seems to be an upward movement. We are still hopeful.
That is one reality that it is not easy for the people to predict the future price and to say whether or not the market will be low or high. The bear market will only end when we have a rising price in the cryptocurrency and that will be possible only if the number of participants for Bitcoin investment increases. On the other hand if the participant rate decreases more and more then we may not go out of this market.People want price to rise all the time, to drop one day and then to start rising other day, do you really think that we live in perfect world? If you do you have some problem in your head. Fluctuations will never stop, think what you like, expect what you want, but market have its own tempo and we can just watch how it moves and try to predict that somehow.
Nobody knows this right now. However, this year seems to be an upward movement. We are still hopeful.
That is one reality that it is not easy for the people to predict the future price and to say whether or not the market will be low or high. The bear market will only end when we have a rising price in the cryptocurrency and that will be possible only if the number of participants for Bitcoin investment increases. On the other hand if the participant rate decreases more and more then we may not go out of this market.
almost everyone here doesn't know when the bear market will end.
but in the current market conditions there are many things we can do to make a profit.
if you are a holder you must remain calm because what is clear is not only you who experience this but most people also experience the same thing.
but in the current market conditions there are many things we can do to make a profit.
if you are a holder you must remain calm because what is clear is not only you who experience this but most people also experience the same thing.
I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
Nobody knows exactly when we all see bullish trend happen. Yes, we are still struggling hard and seems to be the hardest part of crypto history. We believe bear season will come to an end and we just hope it will happen next month as we enter in the winter season. 
I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
Me, too but we can't really do nothing about it. I'm praying so hard for even just a recovery so I can get a nice amount of profit from my losses.
But you should not be acting that you are the one with so much losses because some of the holders are more desperate because they are doing it for more than 4 years and above.
End of Bear market is in 2 - 28 months (2 years + 4 months, December 2020).
Trust me, i am a doctor.
Trust me, i am a doctor.
In July 2013, despite the correction being so short, I felt true despair. I don't feel that now. People are still so hopeful. I still think a mid-term bull trap and long term sideways correction is possible, but I wouldn't plan on an end to the bear market just yet.
Remember also: sometimes the second leg down ends with a higher low (2012, 2013). So a continued bear market doesn't necessarily mean new lows, but it does mean distribution cycle and no new highs.
Remember also: sometimes the second leg down ends with a higher low (2012, 2013). So a continued bear market doesn't necessarily mean new lows, but it does mean distribution cycle and no new highs.
You have way more experiences as you had in 2013, so you cant really compare your personal felling with those at that time. I am sure that big part of those that entered crypto in 2017 right now fells quite desperate. Most already left, They join to make easy fast money, but all they got was having zero profit or even a loss.
Maybe that's true. It sure doesn't seem like it.
I'm not talking about personal feelings, so much as observing the emotions of those around me.
Have you seen the bubble chart meme? I think it applies to these cycles pretty well (not necessarily in shape and price movement; I'm just talking about sentiment). The "denial" and "return to normal" phases are characterized by lots of hope. By contrast, "capitulation" and "despair" are characterized by, well, capitulation and despair.
It still seems like people are quite hopeful. They're hopeful that the ETF or Bakkt will save them from a prolonged bear market, and that the worst is over. So they haven't given up hope.
I believe we are close to the bottom. It will end the bear market. But ending of bear market does not mean that Bull market will start. We will have to wait for it until next year.
That's quite possible. There are usually two kinds of bottoms: capitulation bottoms (like the bubble chart) and sideways base bottoms. I'd love to see the latter, but have to wait and see.
Jump to: