Bitcoin Forum

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.

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.

Actually I think that the real bullish market trend is not started yet. I think it will start in October or November, I am not sure when the bullish market will end. Maybe before january?. I already take good position in trading so there is nothing to worry, I just need to wait. I personally think that the volatility is still not as big as last bullish market trend so it's mean that the enthusiast of traders is still normal and not too hype. I expect higher volatility will happen soon. But I am not an expert, maybe I am wrong, that's just my opinion.

For me now, I still don't think we are already in a bear market. With this kind of price action of Bitcoin, especially when Bitcoin dumped before from all-time-high around $60,000+ and dumped on around $28,000. Then after few weeks, it bounced back to $50,000.
Or for me, we are already in new cycle, from bouncing from $30,000 to $40,000 makes the short bear run ended.

Even if we reached $100k/btc this year, I still don't think bull market will be over in the next few months, if we hit this price more people will come into crypto and buy bitcoin, extending this bull market into longer time, If I will decide to take profit in this bull market, I will wait for next year if what will be the situation, charts still pointing to a more bullish bitcoin in the next year so relax and hold for now, party is not yet over in my opinion.     

Oh well, that's crypto's life cycle, it usually happens in a 4 year cycle, but who knows, maybe the cycle will change as bitcoin's narrative also evolved, so we might see 2 huge cycle that ends in 2020 and then another cycle 2021-???.

In any case, we should be ready specially in 2022, if we made profits in 2021 we can take it and then re-evaluate our investment strategy come 2022. There's nothing wrong to have a exit strategy as others have been preaching.

You have any idea or prove to say bitcoin will drop at next year? To my reason nothing is certain about that yet. Bitcoin is taking a new turn since covid-19 chased more people out of work and inside the internet  ;D People have started more investment with that opportunity that looks like opening of eyes and traders getting increased daily. I think price dropping won't be as serious like we speculate for it to go way down. This isn't advise but I'm thinking things may come differently next year against the general thought of fall.

There is no truly accurate benchmark as to when it ends and when it continues. we can only be vigilant and try to manage the asset value as much as possible. Although it can't be as expected because this is the crypto cycle. It will not be in the Bull market forever nor will it be in the Bear market forever. Until now we have persisted and still believe that there will always be a big push for Bitcoin to continue to rise for some time to come. Although indeed the current increase did not last long and began to be attacked by Chinese news.

No, I think it will continue. In fact, I think it will accelerate. What's happening is the recovery from the covid-19 financial crisis was much deeper and longer than was even anticipated at the time. In the next year or so, after the economic situation has stabilized in the United States and elsewhere, I believe this will be a great time to go out and buy. I think we will have another 200 percent return in the next year or so, and we're probably not even at the beginning of this. So I think there's tremendous opportunity here, and I'm looking for opportunities.  ;)

I'm also under the impression that the bull run will continue up to 2022.

We still have the 6 digits as our target and we haven't seen or touch it, so for me, we will have a roller coaster ride up to December and this bull run will be super fast. Historically, September is not  a good month. Nevertheless, the next 3 months will be the bounce back.

So let's see how it will pan out, this bull run ain't over, the market will still recover and hit another all time high this year.

The market won't be always at a bull run and the same goes for the bears. As anticipated, you have to take your profits if there's an opportunity and don't waste that because you can always buy whatever you've sold earlier at a discount.

But if the cycle is no longer the same as before then we'll likely to see that there will be a longer bull run than what we've expected. In that manner, it's more favorable to us to see how the market keeps on growing and growing and despite the corrections which are totally fine, it's never cease to increase not only in terms of price but also in adoption rate.

bull run or bear season, we will always have this in the next coming months or years. maybe a lil dip and a lil rise, but for sure, we will always have a lil run of bull and bear from time to time. now, no one can tell when this bull run or bear season will happen. because sometimes, it depends on how the user is looking at this market. he may perceive this market as bull run, whereas, some will look at it as bear season. so yeah, no one can actually give the exact definition of bull/bear season here.

I did not specially say it will drop next year, what I'm trying to emphasize is that we should be ready by 2022. There's nothing wrong to be paranoid specially if this market wherein it's very unstable and volatile. It's not that people started to work inside the internet, is that bitcoin narrative has progress.

So why not be ready for any surprises? Nothing is wrong with that attitude, be prepared for the worst and then adjust on your end. Maybe taking some profits here and there is not that bad.

The bull market doesn't look like it's about to end, it's the end of the year too which is expected to go up again.
The hope that investors have is indestructible whether the market goes bear for another 4 years, they will still be here no matter what.  Whether the bull market is over or not, they are here going to keep trading.

Any bull market is not lasting. There will always come a time when the bull market is going to be replaced with a bear market. We had a bull market and then the bulls went away to be replaced with the bears. The month of September could be considered a bear month. But just like the bull, the bear is also not permanent. Time will come that the bear will go to sleep and hibernate, allowing the bulls to come out and make the market green. It is always a rise and fall of prices. You don't have to get out of it just because there are bearish seasons.

The price is ups and down lately looks like it's tyring hard to break the upper resistance. This year 50%+ drops already make investors who are not cutlossing hopeless because their investment value reduced by half. We need more new investors to make the bull run keep going till the end of the year and for make it happen, we need a crypto big news or something similiar like "elon musk" hype before.
And also it will not create new all time high because from the price history it's never make new all time high in a year after a big drop.

Well it doesn't look like it's either tbh, it just looks like the market is doing a sideways movement, for now, waiting for something to push it up or down, and I'm more inclined for it to go up since as you can see, it hasn't exactly brought changes that would push it down, it just looks like it has a hard time in trying to break through to the higher levels. There's also the fact that the market often moves positively during the end of the year, and we're closely approaching that time.

I am thinking we might see a repeat of 2013. Where we peaked in April and had a low in July and peaked again in November. However unlike 2013 where we broke the 2013 ATH of $250 and went to like $1000, it won't be that magnitude. We might break $64K however we won't quadruple in value to something like $250K. I think we might go somewhere between $74-99K or so. I think $100K, as much as I would want it to break, I don't think it will happen this cycle.

Right now its bearish beause of the Evergrande news last week and the recent China news on Friday. However its also correlated with stocks which usually have a bad month in September. So I can see September being a neutral month. If you look at the charts you can see that September usually was pretty flat for the most part. I think what will really spark a rally will be some Fortune500 company which says they put bitcoin on their balance sheet during their earnings call.

The bull market will come again after what we have in these few weeks. We see that the market will have a chance to get that bull run from the next month until the next year. But that is only a prediction that we do not know if that will happen or will still be like this.

If you can be patient, you do not have to worry about the market because the market will start to increase at the right time. Now the best part is we have a chance to accumulate many coins at a low price. Although some coins already hit the highest price, they could hit the next highest price if the bull run comes. Just be patient and wait for some time while you can watch the market move.

Crypto conditions are currently being discussed, one of which is with a statement from the Chinese government that is speculating about the crypto market, they even prohibit their citizens from adding, and this will affect existing coins, altcoins are currently doing well, but we must be able to making a pattern for investing, altcoin decline is inseparable from a market correction, resulting in a bull run, but this will return to normal at some point, let's see what will happen at the end of the year, and make sure we are in a position to profit.

Can agree with this, and it's actually a behavior brought along earlier on not from crypto. You saw it with MLM people, with stock traders, and even forex traders. Even if they made money, they also lost a lot, and they're addicted to the lifestyle and the perceived fame and admiration from others looking up to them.

Island chilling isn't really crypto life cycle, I think a lot of Bitcoin users never do different from what they always did.

The crypto market is unpredictable and all we can do is actually speculate about what will happen. What can make a difference in speculation is that it is better or worse explained using some facts based on past events, and on what other people who are of some importance to the crypto community think.

Fact 1 - halving has been an important factor in increasing the price so far, and I personally don't think we've felt its real effect yet.

Fact 2 - investors like MicroStrategy, Tesla, SpaceX, PayPal, or funds like Grayscale have not entered the crypto game in the short term - an indication that they believe Bitcoin has a good future.

Fact 3 - Bitcoin has become a legal tender in one country, and despite many trying to portray it as a crazy move by some dictator, it is still a very positive thing for Bitcoin.

Fact 4 - some well-known Bitcoin investors speculated a few years ago that 2022/23 would be the year when the price of 1 BTC would reach 6 digits - and I believe this is related to the expectation that the first BTC ETF in the US will be approved just then.

None of this is evidence or financial advice but just a set of facts that someone can interpret in the way they want.

Have we been even in a bull market? I don't think so. We had just a perfect rally some time ago and we saw Bitcoin price nearly reaching $53k before the big fall in the price. And for some time, we are in a bull-market-like situation now. After going down to $42k and even to $39k some time later, Bitcoin price is having a tough time to recover. And I wonder when we will be able to find a way out of this.

My opinion is that Bitcoin is still in the bull market, Bitcoin has not yet entered the bear market. If you follow the market you will understand how fast the market is trying to recover from each dump. In fact, the next target for Bitcoin is now $50000, if Bitcoin can achieve this target then we may see another new run.

So I am positive about the bitcoin market, now the next movement of the market will understand which way the market will go.

Define recent, are we talking the rally since late July then its still valid just adjusting.   I do see us as in some down trend and if we dont beat that negative price action then we will perform continuation downwards most likely.   We do have momentum on our side still

https://talkimg.com/images/2023/06/12/AfZnv.png

This looks messy because its many possible trends but overall everyday has a pattern of lower highs which needs to be broke in order to become bullish.  We have resolved downwards in this way for over 4 weeks now, breaking that trend would inversely be something notable in a bullish way.    At some point it will break either way with greater volatility probable.

I agreed with you because we don't have to be specific to over cryptocurrency and especially bitcoin price or increment in price, the bear market can come anytime which in other way round its under probability, making or fixing a specific time frame or predicting that bearmarket can come anytime soon, so it's just obvious that it's an assumptions, i think bearish market of bitcoin always comes up in two years or four years time before it will manifest again.

It's still too early to wonder if it's over or not, if we look at the price we realize that it is resisting strongly above $40,000 and this is very good for us to start rising again and break the $52000 and with that it will break the former ATH. we would only have reason to worry if the price dropped below $28000, which until now seems to me to be something impossible to happen


in a time of pandemic with job losses, saving money and staying away from crowded places is the best option

Even though Bitcoin hasn't come back above the $50k price yet, right now I still think it's still in a bull market. For me the bull market is still running
and will not end until the end of the year, it sounds too optimistic. But like you said, as long as Bitcoin hasn't fallen below $30k, there's nothing to
worry about. Moreover, Bitcoin still looks strong trying to get back above the price of $50k again, I hope before the end of the year at least Bitcoin
can return to the ATH price.
 

That seems possible as not long had last long and in fact, we have that experience before, won't surprise me either.

Ohh, how did you know that? You can't tell what really be going to happen, nobody could ever do that even before that is the truth.

But they are having fun of doing it, unlike those people who keep thinking that was a toxic lifestyle. They wanted to get informed and aware of the situation, they are investing and that is very important than roaming around, drinking beers, and suddenly lose their money. But as they care about their future, they have the reason why also they have to do this unless if you are rich.

In my situation i thought Bitcoin pump will continue till the end of this year and will slowly decreasing at the first quarter next year as a result of that i did lose some of my funds at the market, but i did not really lose because i did not sold my coin, i will wait till it pump again ;D.

That is what i am expecting that the bull run will last till the end of this year and by next year we will see the bear run. I am not hunting down every projects to invest expecting it to return 1000% returns because i have had bad experience in the past and i will not repeat the same mistakes twice. When the bull run starts all of those projects will run away with the money earned and will wait for the next bull run to launch them again according to the trend at that time.

 

You should remember that when the price hits the highest peak, the price will go down and no one will know if the price will be back to the lowest price before or it will stay at the middle of those prices.
The bitcoin pump can come again in the rest of these months this year as many predictions say.
But if the prediction does not happen, we need to be patient to wait for the next bull run as that will not be easy to predict when it's coming.
As long as you can hold your coin in this dip, you can sell it later when the bull run comes and remember, you need to calm down and not panic.

I do agree with the other facts you point out but this seems to be the constant fact that people only remember once every four years, and then totally forget about it for the following few years, while the next halving date gets closer and closer.

This to me is pure mathematics. Miners need BTC to be profitable. And if they get less, price must compensate.

some say the bull market is over and some say it's just a correction before bitcoin hits higher ground. personally i still believe that after this the bull market will return and bitcoin price will reach higher ATH. but if you look at the current market situation which tends to decline, it looks like the bull market will not return any time soon. maybe in early 2022 or mid 2022.

Of course, it's pure mathematics, because that's the only thing we can calculate accurately without speculation. Currently, miners only produce about 900 BTC per day, which gives us about 27 000 new BTC per month - and that's not enough to cover current demand if we consider that MicroStrategy has bought more than 100 000 BTC in the last 1+ years, and Tesla at least more 40 000 BTC + the fact that ordinary people are increasingly realizing that the holding is making a profit for them in the long run.

Halving 2016 did not include the component of large institutional investors and we all remember what it produced - from $400 to almost $20 000 in a year and a half - halving 2020 for now had a score of x9 (from $7k to $63k) - I think there is more space for progress.

I just have a positive feeling Q4 will be good for crypto, there will be more green than red in the market, am not sure if it will be enough to bring bull run, or enough for btc to hit ath, so far, the market has not dip below 40k so it may be able to stay above 40k and then go upward.

The market is been dragging around $42k and currently at $42,102 . This may be significant that the price has not picked a particular wave of trend to follow. December is still about three months counting from now and most speculation still favouring the bull in the end but I'm not seeing the chart in my own eyes to get a prove of the market direction for the year ending.

I definitely remember what it produced, and even the halving previous to that which I wasn't around for, hard to ignore the pressure of simple mathematics on supply and demand. Liquidity seems "high" now but only because of price that is trending upwards. Actual coins floating around, from 2016 when we still had faucets to today when even minimum withdrawals and buys are no longer what is called small change, people will realize it more and more, but not before halving reminds them again. Here we go Bitcoin!

The "bull market" is conclusively over.

You can never tell.

Cheap money printing is still happening at an immeasurable scale, and the crypto community is surging like never before.

Don't think that you can time the market and snag up cheap coins at the bottom. Because the bottom, or a 2018-esque bear market, may never come.

As much as I believe there is still room for growth,,, and that the belief most people have that the price will continue to make a new ATH before end of 2021,,, I have to agree and say that it is over now. All the TAs are failing and the sideways movement is getting lower and lower.

Despite this,,, it is actually not bad news to start making a floor at this level.

I do not think that the bull market will be over soon as bitcoin will have more chances to rise so high than the last ATH, whether it will happen until the end of this year or next year. But we need to be patient waiting for the bull run and I think we still have time to buy many coins at a low price. Once the bull run comes, we are ready to sell many coins and make a big profit. We will see that our portfolio will increase slowly and it can blows when the bull run comes.

actually mostly investors or traders in the space were waiting only for the bull run to end then dump to save their profits, for me in my view probably the dumper is higher than holder wherein reason market always suddenly turn into bearish mode without further do. But yeah no matter what happen we should accept the fact, indeed there's a lot of opportunity in crypto so we must stick to those projects that can guarantee after all despite of the situation of the market because that's what it's..

Bull market hasn't come to an end, but we also need to consider different factors that that delay all possible scenario which was making it difficult everytime market crashed. Corrections always tend to happen specially when fud and other news pertaining to china which is really devastating to traders because many people usually easy to become affected. Emotions and main stream media is highly monitored by focused traders, sometimes they're more dependent with that, so it's really one of the biggest contributor.

It might never come or less likely to happen because speaking with recognition and adoption then its really hard to believe that we would really be going that low but hey everything could be possible
and also speaking with recent bull market then we cant really tell on when it would be over because this price changes could always be a bumpy ride, stablizing or very unpredictable
on any case which it really makes it harder for you to read up on what would be the possible next movement on next second,minute or hour or days or months.
When you do deal with this market then prepare with those scenarios.

I don't necessarily think that it's going to be as disastrous as you make it out to be.

Will these current outsized gains come to an end finally? Absolutely.

But I think that the idea that the crypto market is simply going to crash and burn is ridiculous. The long term prospects and growth opportunities for crypto is still extraordinarily strong.

Looking at the price increase in 1st of October, we could say that it is not over at all. It also doesn't mean that it is going to be breaking ATH anytime soon but it also doesn't mean that it is over neither. It is somewhere in between, it is at a level where we could easily say that market is doing fine, but we could also say that it is not going to be horrible neither. I assume that 40k to 50k range where it goes up and down will continue for a while longer.

Sometimes it goes close to 50k or even break it a little bit and then it suddenly crashes and stays there for a while, that type of ups and downs will happen. What people do not realize is that bitcoin is not something that is volatile outside of a vacuum, it might have a 10% move in a single day, but that move will be between 40k to 50k and we know that, which is why such a huge move doesn't impact us too much.

Talking on bull run not to last for a long while I think this time or year has been different from 2017. Since last year that the price started going up, I do believe that is bull rally and it has lasted and it has lasted until now with little drop for correction and I think correction is right for the market. I believe this bull rally has been progressing with minor stops, it has largely been bull rally and because the adoption is far different from 2017.

After bitcoin passing the 50k the market condition is really bullish from BTC end. $50k was a very big resistance, so it was passed and still holding the price above $53000. If this keep for two and more days I think we can see a massive price increase for the OLD alts.

So as I am now thinking the Bullish market still possible. Even we can see another ATH soon. :)

Usually this kind of whole numbers are resistance, but boy when bitcoin broke it, next stop will be the next whole numbers. So I usually look for the next possible target which is the obvious, $60k now. Don't bother to look at $53k resistance or $58k. The FOMO will be $60k or new all time high.


Right, soon we might established a new all time high, probably in the $70k++ and this hype train will continue up to December 2021.

We have 2-3 months still to go, we haven’t even had a real blow off top yet so there’s still definitely time to go in this bull run. $100,000 per coin still in play this year.

I do hope that we do get to that point, I'm really excited about this because if this is going to be reached, then it's not really that crazy anymore to think that bitcoin will probably reach a million dollars.

No, I hope this is just the beginning for another bull towards the end of the year. But there's no way the bulls will continue to gore and the bears won't keep scratching non-stop. This cycle will continue to be something that excites bitcoin users and makes investors interested in always supporting it. See how Chinese FUD no longer has much influence on price movements and it would be safe to assume that the bulls will continue. Look, we almost hit ATH $64K and now it's only between 10K again. If the $60K resistance is broken then I will be very sure bitcoin will hit its new ATH again.

I am also seeing bitcoin starts to be bullish again and now that its price is already $54,054 then i can tell that we are already heading to $60k and then next stop will be its road to its new all time high hopefully. Although the market has always its price corrections from time to time, but there's no way it can drag down the price of bitcoin. Even the recent China FUD never created a huge impact on bitcoin, so how much more with this minor price corrections. It can even push bitcoin  to move upward as fast as it can.

First of all, I don't think that this is a bull run going on right now. I think that this is a wonderful rally and hopefully it will last a long time this time. Because Bitcoin price nearly reached $56k today and more of it can come in the coming days. I wouldn't like to see this run ending before witnessing a brand new ATH price for Bitcoin. It is really time I believe.

Some speculators are of the believe that the real has not start yet and there is a tendency that Bitcoin price may fall down to $40k before serious one will start and that will help those will want to buy at the cheaper rate. Some are of the believe that we might see Bitcoin price at $40k again believing that the serious trend has started and there is no going back.

20 days after this post yet the value stays climbing right?

so when was that Soon you are talking about? are you just telling people to sell their coins to drop the price and you will invest in advantage of lowering value?

https://coinmarketcap.com/

check this market cap and you'll see how strong the market still.

Lol, then how do you call this massive climb from $42k to $57k? Not a bull run?

We have seen the last leg up, $28k is the lowest low and that is the best time to enter the market. And look at the price today, it already more than double.

So it won't be over soon, it might have just started this October and leading to the December massive spike to 6 digits.

Hopefully, bitcoin will not fall to $40k because bitcoin already has that experience and now, the price is up to $50k, which can increase more than that.
The bull will come after this and maybe it will stay on the market until the end of this year or in Q2.
That is a prediction from many people and if that really happens, we will have a chance to make a big profit soon.
But we still need to be careful with any correction that comes because if the price reaches the high peak, it will go down and make a correction.

Just because we had a drop doesn't mean that we are done now, we are still doing fine. Do not believe all the FUD you see, yes there will be down moment and that is a bad thing but do not assume that all those down moments will be horrible neither, some of them will be places where you can buy and get better. I personally believe that we are doing fine right now and this is just a drop where it gives people a chance to buy some more.

I understand that corrections are natural part of crypto trading world and day traders might be having a little trouble because of the drop, but if they could hold it like a bag and wait for a while then we could end up doing a lot better in the future when those bags turn into profits. Of course, it will be nerve wrecking to watch something you won to constantly keep going down but it is also not impossible neither so all we need is patience.

It's not quite clear what the OP meant by "soon", and since he hasn't logged on to the forum in a while, I don't think it's worth asking him.

All indications are that we are going to be bullish until December. So say the predictive models that are discussed in the forum and that are based on a similarity of price behavior in the cycles. Some say that this time it could be different and the bull market could be extended until 2022 or that maybe we will enter a different situation from 2022 onwards without major declines due to institutional demand.

Crypto market is always depend on the supply and demand, Bitcoin prices are primarily affected by its supply, the market's demand for it, availability, and competing cryptocurrencies. If there are a lot of good news about crypto currency many investors will become more interested on it and this affect the supply which also makes the price rise. My opinion with the recent surge of the Bitcoin price is that it will not going to end soon if we put basis on market and the news this hype will last long.

There are many cryptocurrencies that have reached a new all time high during this 2021 bull run in contrast, some cryptos also faced a downtrend many cryptocurrency investors and traders are confused as to whether it is for a good price when they hold or sell their crypto. Looking at the current state of the crypto market, it seems that the market is about to set a new record prices have risen to a maximum of 56k but are now rising 60k will set a better record later this year. Bitcoin is creating a positive situation as the amount of investment is increasing with its high price.

If everything is similar to the previous history, maybe we can sell all the coins and leaving the market for a while to take a break and enjoy our big profit. We can come back to the crypto market when the big bear trend comes to the market to buy back many potential coins.

But we do not know if the situation can be the same as before. The important thing is we can take a moment to sell the coin at a high price, analyzing for more to find out if the trend is still in the market or just leave after reach the high peak. We do not have to back to the market if the situation is changing but if the bear trend is coming, we can wait for a while to know how the market movement to determine to stay at the market or leave it for a while.

One more market factor is news and hype, many crypto investors are trading refers to news and hype as we could see when a big bad news or good news coming, there will be a market movement that means the good news and FUD were created for make the market move.
Because there are a lot of people who want to make quick profits, they always doing a short term trade and that will make the bull run won't last long.
We also hope there no bad news apprearing anymore at least for this year.

The market is like a mountain of ups and downs, so when it goes up and when it goes down, you have to see the information that is developing at this time. a lot of positive information is happening right now so the bitcoin market often bullruns this week. a lot of information is circulating that bitcoin will again penetrate the price of $65k percoin in the next week.

If you refer 50% downfall from the ATH of $64k levels then you need to prepare for more painful ups and downs in 2022 but before that we may see a new ATH. Yeah, the current bitcoin market is flourishing along with lots of positive news and I guess this trend will continue until end of this year and then people may start profit-booking which may lead to bearish trend. So, the current bull run will last for next 2 to 3 months and then we need to be prepared for being cautious as bears may start dominating.

Unfortunately due to the nature of day trading this is something impossible to do for them, most day traders just hold their coins for a few hours and then they sell them so it is not possible for them to hold their coins as it goes against the nature of their activity.

However it is very easy to see if you take a look at longer time frames that even if the price of bitcoin can go down during the short term the current long term trend is positive and it is a mistake to go against it.

Exactly, there’s no straight ladder going up, we really have to take many obstacle before reaching the peak that’s why expect a more volatile market. There’s a lot of good speculation, so I’m also positive about the price of Bitcoin and its really possible to make a new ATH this money because the bull trend is not over yet.

If you have been in the market for at least four years, or witness the last great bull run in 2017 and it's coming apart in 2018, definitely you can say there is no straight ladder going up. There is no market in the world that can go parabolic, most of the time we are going to see bearish trend that will last for years. And on the flip side, there will also be a bullish cycle that everyone would be happy. And if you have witnessed 2017, then you will know what to do next in the current bull run.

So I will be in the majority that the bull run is not over yet, we might see $80k next month and then the expected $100k at the end of the year.

Majority of people specially newbies or people who had just recently jumped in into this market will really be having this kind of impression on where they do believe that we could reach on top in fast pace manner

but thats not how the market works or behaves.It all matters with the demand and it is indeed a bumpy ride and with this recent bull market then we can simply say that it is because of the demand.

Over soon? There would be always a correction or price decrease and that what makes it too unpredictable.

I'm not sure what "retrace" you're referring to, but given how optimistic the market is right now, the first bitcoin ETF will do a lot of good.  I'm sure the market will come up with plans to extend the optimism to that.  Any crazy bull run is exciting, wait until you have ATH at 73k6 before there are days of slight drops.

Q4 is very promising for a crazy price increase, Taproot launch in November... the most important time for the market to enter a new journey will be.

I don't think this bull market will end so soon as most of the time, bullish season will extend up to the end of the year. So i'm very optimistic and motivated that i should not sell my coins right now because there might be better prices at the end of the year. But i'm not saying that this is not a good time to sell, of course it is, but if you consider better profits, then maybe wait for a while.

However, we should also be cautious with how the market moves. There might be bull trap along the way that will make us decide to start selling our coins. The whales will greatly benefit from it. So always be careful and never jump into decisions that you might only regret in the end.

The Bull trend hasn't happened all of the sudden. It moved from the price around $30 and reached $40k within a short when people were expecting for $25k drop. This further moved to $45k after a long term fluctuation between $40k and $43k. Further on the market movements were on the gradual rise and reaches resistance zone. Took little time to break barriers. Whenever a rounded barrier is broken it gains good momentum. As a result without much of manipulation the we're on the track to mark new ATH. So, there is more chance of bull trend continue for long.

The bull market is likely to last longer, the market trend is getting stronger focused on Bitcoin.
Bitcoin will soon be at the peak of its glory, prepare well for it, and it doesn't appear that Altcoins want to follow Bitcoin's footsteps in the market yet, it still looks like it's still hesitant to soar like Bitcoin.
Well, everything has not been confirmed very precisely, because the main factor of market trends is influenced by news, enthusiasts, projects, etc. which sometimes often surprises us all.

Maybe what he meant is that we are all looking at December to reach a new all time high probably in the range of 6 digits. But what's going to happen after that? are we going to go bearish and have see retracement along the way?

So right now though, we are in bullish phase so from Nov-Dec there's a lot of things that can happen. We have the Taproot in November that will have a big impact and then the usual December end of the year rally. But what comes next? we really don't know.

I believe that bull market will not be over, but it will not be as strong as well. We did nearly a 2x right now, reaching from 30k to 60k it is obvious that we are not having the same type of situation anymore, we are at a level where we could not be reaching 120k, because 2x again like that would mean that we would be 120k+ and I do not see it happening. Which means that we are going to reach higher levels but not as high as we used to do, the % that we increase will not be the same.

It means that the bull run will continue, we could be 70k or 80k or even as high as 100k by the end of the year and that’s fine, but at the end of the day we may not end up with anything remotely like the one we had so far when you look at the percentage.

These market moves are not a one way street which just go on in one direction.

Basically for this to build the bullish momentum it has to go the opposite side in some kind of consolidation pattern which helps it build momentum to have that catapult effect to go up when the move is ready to go in this direction. But in so doing should price drop below 60k then chances are high that this bull run is coming to an end and we should be looking for selling opportunities on the retest but with the major news impact like the approval of the bitcoin etf we could be still bullish.

We don't know what will be the outcome after that but what mostly happen is the dump will follow since for sure many will get enough profit and cash out after the 6 digit mark hit since this is the target of many people before they take their profits. But hopefully bitcoin price will sustain and we can see more bigger picture of it even if the price crash after huge ATH price out reach out.

I had forgotten about this thread, a curious and funny fact, whenever cointelegraph.com publishes news like this:

Bitcoin decides fate of $60K as weekly close keeps BTC traders on their toes (https://cointelegraph.com/news/bitcoin-decides-fate-of-60k-as-weekly-close-keeps-btc-traders-on-their-toes)

the opposite happens with bitcoin, I have been observing this for a few months now, Is something very strange  ;D

The bull market for bitcoin has already started and i think it will last long maybe after this year ends. December is the target month wherein bitcoin will certainly reach its new ATH and when that happens, its a sure thing that people will go on a panic selling knowing its a holiday season and everyone will celebrate, and since its the most awaited moment for bitcoin. So after that, its always predicted that prices start to dump and we will witness again another bearish season. And with that, another opportunity comes for those who want to start buying coins while their prices are in bargain again. So there's no really lost opportunities in crypto, only weak hands do.

The bull market will never end as long as hyperinflation remains in the alley.  Jack has issued a warning about it if bitcoin reacts to something coming.  It will even be bigger.  Jack's arguments and evidence are not without reason.  The problem is its climax to begin with.  I suspect this has big impact and bitcoin represents the next big thing.  If we go into the end of the year with $100k or so, it won't surprise me.  Bitcoin will completely change the upcoming game.

Bitcoin still has room for further growth.  What do you think about Bitcoin ETF, it is not necessarily a change and it is just an impetus for bitcoin to create a new era of crypto.  What I have now is optimistic:
1. 200 bitcoin ATMs located at Walmart and the plan is to total 8000 machines.  https://cointelegraph.com/news/200-bitcoin-atms-installed-at-walmart-with-plans-for-8000-in-total (https://cointelegraph.com/news/200-bitcoin-atms-installed-at-walmart-with-plans-for-8000-in-total)

2. Mastercard's next big move is once again showing its seriousness  Seriously, it's time for it to happen.  https://www.cnbc.com/2021/10/25/mastercard-says-any-bank-or-merchant-on-its-vast-network-can-soon-offer-crypto-services.html (https://www.cnbc.com/2021/10/25/mastercard-says-any-bank-or-merchant-on-its-vast-network-can-soon-offer-crypto-services.html)

November, I want to see a new peak ATH to prove everything they are preparing is right.  Lol

Which is why instead of concentrating in the end result we need to concentrate on the process, many people have the mistaken idea that if you happen to win money in a trade that was a good trade and that is not true, there are trades that we can win that were just luck and if we do this regularly then we are going to lose money.

The opposite can happen as well in which you do everything as you are supposed to do it and you still lose money, but it was not a bad trade, the market just went against your prediction really quickly, this is yet another reason why trading is so hard, as it is difficult to identify cause and effect and correct our mistakes.

Wow :o With those updates it will gather more interest from people who are not yet in this market. The more it attracts new investors, the more we will see the value to pump high. Not going to limit the new time high, but what is important is the information that it will serve for the betterment of end users. Imagine seeing Bitcoin ATM in more places, a convenient for Bitcoin holder from that specific place.

We will soon hear more adoptions and embracement from institutional businesses and from the financial side of every state.
 
expecting corrections from time to time, but the market will continue to recover and will keep rising to more new all-time high.

It will not be over "soon" but it is not going to go on until people think it will go on. There are too many people making calculations based on what they could do in few years and that's wrong type of thinking.

It will not keep going this much and we are not going to have any type of increase that will be something that high in the near future, sure it will go on for a few months but people are imagining a million dollars already and they are trying to calculate how richer they could get with this. I hope that people will have stop loss and stuff like that so that they would be doing fine when the price starts to crash and we do not have any type of problem with them.

Hopefully that is it and the bullish state seems so strong this quarter of the year so hopefully we can see more great picture on next following month so that we can really see that price to reach another more ATH again.

I know many think about people will start to cash out their earnings due to the season but I really don't think also that it will create any huge effect since for sure many will hold as next year is so promising. The one we should look at right now is the whales so again hopefully no manipulation attacks will occur so that we can't see any disturbance of current state of bitcoin.

The bull market has just started weeks ago so i don't think it will come to an end soon. Bitcoin is still stuck in $60k-$61k and maybe in its two months left, that's when we see its price reaching $65k-$80k if there will be no big market crash that may leave a huge negative impact on the market. However, if that's the case, bitcoin will certainly recover as always but it will be tough for altcoins knowing some of them are not really in a high surge at the moment. Only potential altcoins do.

Some people arent still calling it a bull run but basing off on how bitcoin attained a new all time high then it would be considered to be one but basing off the spread of price and other altcoins then we cant really consider for it to be a bull run.Well, it doesnt matter if it is or not because the price had significantly moved into certain extent which we can really take advantage and able to make profits if you have
done it on the right way of trading it.

I think that after bitcoin has reached ATH in the last few days, there will still be potential for Bitcoin price to rise beyond the all time high that was reached a few weeks ago depending on positive sentiment in the future. Therefore, the market is in a bullish state at the moment.

As long as bitcoin stays being bullish, altcoins too are also in the same position. Although not all altcoins have been making a price surge, but most of the potential altcoins are influenced by the bullish price of bitcoin. And if we based on some indicators, there are high chances that this bullish market will last until december which i think bitcoin may reach another all time high.

However, we cannot tell if a serious problem hits the market which will influence the price movement of both bitcoin and altcoins, then it can be said that its bearish season has come earlier than expected.

we may really see a new ATH before this year ends. the sentiments from the market is different from previous years. and now, mastercard announced the acceptance of crypto debit/credit cards with their partner banks. i guess, we are really heading to good market adoption.
so it is only a matter of time before we see the price of BTC going up again.
the up and down will always be there, but i dont think we are stopping in the 60k+ level for BTC.

Mastercard announcement brings another good news in crypto that is expected to cause more pump in crypto prices. I really believe that this market will not just stop easily from being bullish because there are still more surprising news that will come before this year ends. We can expect for bitcoin and ethereum to reach new ATH this time that will cause significant pumps too for most of the altcoins. So this bullish season we are experiencing right now will not be over soon as the whole crypto market has just started to become bullish.

^^ Yes, but so far we haven't felt the positive effect of that news because the price goes down a bit again into $58k.

But the fall might be short term, we've seen this kind of correction after reaching a ATH. At least we should look in the next two months what will gonna happen to us. It's $100k++ or never, LOL. Seriously, there's high expectations about it and hopefully it will become true. So I will say that the bull market is still on and we have a lot of leg room to squeeze 6 digits.

Jack who? are you referring to which celebrity here? if bitcoin will not stop the Bull then the whole market will benefit , altcoin will climb high and the legit project will finally find their place in this market.

But if this dumping continue(as today bitcoin again downfall to 50k level) then end year will be bearish like 2018 and 2019 does.

You mean 50k region? Because, I am seeing right now bitcoin is trading above $61k after testing $58.4k levels.

This year may end like how we finished off 2013 and 2017 and NOT like 2018/2019.

There are lots of uncertainty about when and where the current bull run will end up. Some people started speculating like we will have continuation of bull run till 2nd quarter of 2022 and all other are speculating about the same 4 year cycle of bitcoin which means we will have bull run till this December and then bears will get into action which may last till end of 2022.

I am 100% confident about this rising market of Bitcoin because people from all over the world are getting acquainted with Bitcoin. The world's largest companies are showing interest in investing in Bitcoin. Moreover, the popularity of Bitcoin is much higher now than before, so the market is much more stable than before.

The market is currently very active, the daily transaction volume continues to increase, so we must be optimistic that the market will continue to prosper, today new ATH comes with a price of around $68200, although there is another correction but I believe the price in November can reach at least $72k.

If it's all about bitcoin, it's for sure that transactions will keep coming. It's one of the cheapest lately and there's no more complain about its fees. But if you look to the fee at fiat standard, you'll find it expensive because you'll be calculating that into dollar value.

After it has reached $68000, it pulled back as it's normal to see that happen. Because if it won't then it will take another time for it to break the next ATH.

It goes that way, the trend would always change going up and down. This makes the crypto market known so well that is why we don't get surprised nor wonder why.

ATM, the market is moving up again possibly making way for another ATH before we end this year 2021. It can be overwhelming though to see the market recover after such correction faster than we think or unlike before. This can see that the demand is higher and people aren't in panic anymore. I can say that people now truly believe that Bitcoin will have a better future and in fact, it has no doubt about that.

Multiple time frames must be considered for every question of which cycle we are in, a pullback over a week is just the market taking some profit it doesnt alter gains over years etc.
   Right this moment we are considering a pullback or rise situation, the reason that appears is if we reject (https://talkimg.com/images/2023/06/12/AYHsD.png) recent highs and make a false breakout it can mean speculators in the price drop their holdings leading to a break lower.   Its something to consider because we did appear to be very positive.
   Even if that scenario were to occur, even if we went to 50k I would still expect positive movement over the next 12 months due to greater momentum and trends applying long term.    Not every time frame will mesh without friction, its usually constantly there.

and i also red recently that even the CEO of Apple is now investing in Bitcoin (though He denied Apply company being part of this investment) yet this can be considered as valuable interest for the whole crypto community .
this is getting Bigger and bigger each year and countries from around the world is getting their interest in learning and also considering investing as well.

There's no option on that trend because it's always the two, either go up or down.

Every time it creates a new ATH many of us are surprised and it's getting more exciting to have it witness. It is unknown what's with it at the end of this year. But majority's sentiment is on the positive note that there's going to be another all time high that we're about to see.

In other years Bitcoin grows much higher towards the end of the year. But this time Bitcoin was upward all year round. It is not possible to explain why the Bitcoin market is on the rise. However, many believe that the rise in price is due to the growing popularity of Bitcoin.

It is clear that many experts stated the new year may be the beginning of bearish. So, the end of the current bull market is probably to happen after this year is over. What we must do is secure our money or take profits as long as the bull market lasts. I personally will sell all my BTC and Altcoins before December is over. I don't want to take risks by holding them.

I also believed that Tim Cook has a personal investments on bitcoin maybe as early as 2017.

So this bull run will continue despite some minor pull back after hitting a new all time high. That's the market's initially reaction, to take some profits and enjoy it and then comeback later again make some again, rinse and repeat process.

So the bull run might be extended up to 2022 or at least the first quarter and see how high can we go in hit current bull run and then we will see how it goes. If bear market comes then so be it.

It is okay to think about new ATH because we're all hoping that it will happen before this year ends. As usual, it's a speculative market and we don't know if our speculations will be right or wrong.
And as the market starting to have a little dip then we can think that there's a possibility of an upcoming surge. When it happens, we're also expecting that there might be a pull back again.

Tim Cook have now revealed his portfolio diversified on cryptocurrency. However this can also be considered as a base for Apple getting into blockchain development. He pointed out clearly Apple doesn't have any plan for cryptocurrency investment. So, his attachment with cryptocurrency hasn't made big impact on the market.

The bull trend will continue till the month of December. I doubt on the chances of bull trend getting carried to the first quarter of 2022. The ongoing year is very big for bitcoin as well as altcoins, so the upcoming year seems to give stabilized growth.

I'm also bullish and have no idea when it will stop and when the bear market will come. That's why let's just be happy with every single bit of day that the market is still bullish.
People will say that this day is no longer bullish because there's a little bit of correction. But they don't realize that it has to happen, it's needed for us to see it go through again and try to break the wall of $70k.

There will always be people who are in it for quick gains and the moment they see something not going their way they will say that things are going horrible. Ignore them because they have no idea what they are talking about. Reality is that there is a thing called "shorting" and I assume you know this, that is the people who talk badly about bitcoin, why? Because they shorted it and they need to make a lot more profit.

I know one that made 11x profit just recently with the most recent drop, imagine how much he could have made if the drop was even bigger. So, they are not all warren buffets of the world who "believe bitcoin will drop", they are just trying to make a profit from the drop and that's it.

Each trader or person does have their different takings with the current condition of the market whether its a bull or bearish run then we could really have those kind of things in mind when it comes to mindset
where you do make out certain actions basing on what you do see whats right and also that risk we could able to take.Some are ready and some arent aware nor able to expect on what things could happen.
Bullish or bearish market? We do have certain trends which its understandable that you would really be making such actions basing on your experience and knowledge.

If we slip much further down it might breakdown the BTC price, by that I mean if we did go lower it would be below prior resistance and so now support will have been lost.  That would seem to signify greater selling then occurs even though it had already fallen.
https://talkimg.com/images/2023/06/12/Avla5.png

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.

Markets are moving in cycles.
After a bull market, a big correction will happen.
The only question is when it will happen.

The bull market is a great opportunity for those long time holders to take profit. The bull market is a great opportunity for the traders to get profit as well. We all know that this bull market that we are experiencing right now will end up. Its only a matter of when it will happen. Many are saying that the bull market will end up next year and many are saying that it might be extended until next year. My opinion about the recent bull market? Well, I hope that many took profits already but what I'm feeling is this bull market will end up possible next year. Take note its my opinion and if it will not happen then good for us :).

I believe that a big correction doesn't happen for too long anymore. I mean remember how long it took us to break that 2018 crash? We got back to 20k only 2-3 years later, it was late 2020 I believe, that is a very long time to get back to ATH. Now? We had 64k during late April, early may and then we had under 30k during/after summer, and we now reached 69k again during the last 2 months. That should tell you that corrections and crashes are different and we may have some corrections but we do not have crashes that much anymore.

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.

I also think the relevance is recovering after 6 months confirms a continuation of the bull market (one that never ended), whereas price taking 3 years to return to ATH implies the beginning of a bull market, even if the downtrend was technically broken around $10K prices. Generally price returning to it's ATH is bullish, when there is considerable amount of time in between. In this case, I'd consider 6 months as sufficient. In the past, even a few weeks as been more than enough to confirm the continuation of a bull market.

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.

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.

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.

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.

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?

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.

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.

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.

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 run

because 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.

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.

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.

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.

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.

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?.

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.

Come to think that we are down now to 47k at the moment which we had able to reach new ATH of 68k and had corrected on this current price.Im not that negative but we could head down even more neither with some more negative news or sentiments on the market
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.

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.

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 .
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.

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

Considering the current market, many people may think that the bull market is over. However, I think that even if the price is dumped, everyone is ready. With the change of this situation, a new bull market will start which is more than last year. Next year that means 2022 will be the one another remarkable bull market year in the crypto currency history.

Your opinion is correct because at the moment many people think that the rise of Bitcoin may end here. As of this month the Bitcoin market has always been below 50 thousand. Many believe that Bitcoin is likely to reach its peak in the new year 2022.

I don't think the bull market will be over soon because the cryptocurrency market have a strong momentum up to now. If you look at the cryptocurrency market capitalization via Coingecko or Coinmarketcap you may notice the entire market capitalization is above two trillion dollars that show how strong the market is and perhaps in the future we might see a huge uptrend that may skyrocket the market capitalization up to three trillion dollars or more.

not a few also think that the recent price decline is a sign that bitcoin will soon enter a bearish phase. I personally agree with this opinion because since early 2021 bitcoin has been in a bullish phase and now it's time for bitcoin to enter a bearish phase. the point is that all these opinions are currently unproven because the bitcoin price is currently in a stable phase and market conditions are unpredictable.

That's right, the market could be bearish soon and we should be ready for it. Being realistic is very important, knowing that a bear market will come after the bull run is pretty basic, so it should not surprise those who have enough knowledge, and while the newbies will panic, we have to take the opportunity to buy what they dump.

It will not continue to rise at this rate, and we will not see any significant increases in the near future. Certainly, it will continue for a few months, but people are already visualizing a million dollars and calculating how much richer they can become with this. As me as many are hoping that folks would use stop loss orders and other similar strategies so that they will be alright when the price starts to fall and we won't have any issues with them.

are you sure that there will be no increase in the coming months? just look at what is happening in our world today. russia is on war with ukraine. more then likely this situation will have an impact with crypto market in the next coming months. but the effect is more on the positive side. as people grapples for alternative means of sending money, for sure, bitcoin will come up as a very good option to send money anywhere.
but for the sake of people living in those countries, i hope putin will come to his senses and halt this war. because if this will continue, more people will lose their lives.

Last year alone, I missed taking huge profits two times.. Probably because I always think bull would last a little longer. But from next Bull forth, my pull out game will be totally different.

For every question of which cycle we are in, many time frames must be examined; a week-long decline is simply the market taking a profit; it has no bearing on advances over years or decades. We are now evaluating a retreat or rise scenario, the reason for this appears to be that if we reject recent highs and produce a false breakout, speculators in the market may reduce their holdings, resulting in a break below. It's something to think about because we appeared to be really upbeat.

I think the bull market like last year seems to be over and now we are in a bear market because throughout this year the market has started to slow down and even reversed where the bitcoin price has continued to experience price correction since late December last year until now.

Cant exactly say that. If you goes with elliot waves you will definitely say that Bull market is not overed yet. We Might see BTC breaking previous ATH during this year. And todays crypto adoption is more higher than past. So it will cause too.

In my opinion, technically the price of bitcoin is still increasing in price as it is today. I have seen, in the last few days, that there is a more and more positive sentiment that supports the fundamentals so that the bitcoin price has experienced a significant increase where the bitcoin price is currently trading at around $40k. Therefore, I remain optimistic that fundamentally bitcoin price will still be bullish.

Just a good point raise by the OP, so the main lessons during crypto's bull run, you can take your profit but please don't waste any of that profit very easily otherwise you won't sustain that lifestyle or at least be smart and put that money to good used or reinvest on some properties. Because as what he mentioned, once the bull run is over, which he said, it's going hard for us who experience a good returns of our investment and yearning for more. But what happens? we are in a bear trend and we can make the same profit as in the bull run.

Increasing quickly then a dump is being followed.

Well, it's holding $40k and was $39k a few moments ago until now. If it manages to hold that price and goes back again to $40k up to another higher one.
Those analysis that I've read says that it's going to break $45k and above, and that's an 'if'.

Don't be pessimistic, the market can always rise when conditions are difficult, even when in 2019 the bitcoin price dropped below $4000 many panicked and continued to make price corrections, at that time I also believed in FUDs so they sold at prices below $ 5000 in 2019, if I hold until now then I can get a big profit.

There is a new bull market now, but I think it will be local, not like 2019-2020. Bitcoin has bounced back from 40k and I think it will rise to around 50k. A bull market could be signalled by some altcoin pumps, as usually happens when the market rises. The main thing now is not to panic and not to let the fud come in. I am optimistic for the next month.

a bull market is not eternal, there will definitely be a moment where it stops and the market turns bearish.  then we all have to be able to take advantage of the market bullish moment wisely, just sell it immediately ^{(but it all depends on you)} after that and then wait for the bear market to occur and buy back the Bitcoin.

The market is always unpredictable, when it looks promising with an increase of more than 5% per day a few days ago now the market is red again and even dropped below $40k again, I hope the bull run can happen again and hit $50k soon.

There's no such thing as eternal in this world so we need to cherish every moment. When there's a bull run you need to sell off immediately if selling is already planned just before it came because the duration of the bull run is only short while when there is a bear, you can always take your time buying and it can be beneficial to wait because often times, the price can continue to decline.

What do you mean by local? And I think there's no bull on the year that you mentioned but the recent bull market that I remember are from 2017 and 2021. Bitcoin price can rise to 50k but I think it will happen anytime soon as the price is struggling too much. There is no need to panic since the price is getting more stable nowadays and there's no bad news and FUDs that are coming out lately.

Many are predicting bitcoin will hit the 50k mark by the end of April, with just over a week left until April closes and the markets are red again. I'm starting to be pessimistic about bitcoin's price recovery even though I was also predicting bitcoin to hit 50k before the end of April. There is no big news to fuel the bull market and all the stock and crypto markets are under tremendous pressure as the world economy is doing badly.