Bitcoin Forum

The bull market is fading away bit by bit, I hope people can easily see this already, sit down and do some calculations, BTC was 3800$ in march 2020 and BTC made it up to 68,000$, many altcoins have done 10x to 1000x for example shiba inu, we have seen bull market already just accept it and now bear market will slowly crawl into the space

Bull and bear in the crypto market are absolutely unavoidable
Every trader must be ready whenever there is a market change and A bear market is not like a free fall into a bottomless pit, we can still make a profit.
We only need to rework the strategy by considering the current market conditions.

I know that the bear market is inevitable.

But with what you've said, I've come to realized that how far bitcoin went since last year up to the peak of this year.

So what if we start from $68k and next year or maybe not next year but just look at how much % gain it can make within a span of a year if the same trend and bull market stays.

The onset of the bear market in this situation is optional. The fact that bitcoin and other cryptocurrencies have increased in value over the past two years many times over does not necessarily lead to a bearish period, although it does not exclude it. During this time, the price of the cryptocurrency also fell sharply and there were numerous minor corrections. Now the market can either start to grow in terms of price, since the expectations of its growth are still high, or go for a long correction and turn into a bearish one. But at the end of the year, prices usually rise in this market, not a recession.

Like it or not, what is clear is that a bear market will definitely happen and we must be prepared for the risks. Switching to stable coins is an option for the time being. Because if we don't have a low mentality, we will only become material for panic for others. Let's not get too comfortable as if the roaring market will not come. Always use alternative storage while it's within reach. However, the market needs a break for a while.

Indeed, we have to prepare for this as we never know when it comes and strikes again. But wait, we don't need to be panic nor do we let our faith down as surely it gains back high once again as always.
I'll take this time to make a buy option in preparing for another bullish again. This is not just hope but we all know that there's always a thing called recovery which is very likely to see someday. I don't mind about  x10 or x1000, that might come if forbidden but I'm not going to expect it.   

when there is bullish there will always be bearish. so these are two things that cannot be separated. if at this point the rally stops and starts to make a reversal, it means the bears are close. everyone knew about this, but they couldn't seem to accept it. they seem to reject reality and always think that this situation will end quickly, and believe the bulls will continue again.

I agree with you regarding the statement that there needs to be a period of correction or of falling prices in general when there was a long period of strong growth before and we already witnessed that back in May this year where a lot of smaller cap altcoins lost like 90% of it's value. Since last week we are seeing falling courses again but so far i still think that we can call this a correction and that we are not into a full bear market. I also don't think that just because it happened in 2018 that we necessarily have to witness another 2 years bear market again like we did back than. I think that the nervous market of the last week was caused by that rumors regarding china and Evergrande.

What you must understand is that there is no way to verify if your analysis is correct, mind you that coins could continue to rise, well into next year and the bull run will continue, in my opinion, it depends totally on the coin in your possession, I for one believe in the Bitcoin network and thus I firmly believe that even if its price plunges, it'll still rise back up again, thus you can still afford to hold your coins even when the price is falling. Having said that, if you're holding altcoins, and as you know majority of them are pump and dump coins, thus if you're holding such coins, it's much better to sell them when there is a plunge, take your profits and wait for the next pump and dump coin to invest in, if you hold for too long, I'm afraid chances are high you'll be left with zero profit.

yep. i agree. this is a bear market or just a correction. you can take a look on chart
https://coinmarketcap.com/currencies/bitcoin/
if you can see bitcoin chart from may to july. we can see that is a correction move

at this moment there is no confirmation yet

I don't think the bull market for bitcoin is over yet with the sudden rise again today. Bitcoin don't look to have given out the fight and keep making moves up despite the drop or correction. The year ending is going to determine how it will be for the cryptocurrency but usually after bitcoin bull comes bear but now it is not certain if the bear has started it moves.

Agree that bull and bear market is unavoidable or occasionally happens. But we can minimize the risk by choosing token or coin with a usecase, having great and active developer.
Also setting a goal didnt make you feel panic when bear market happens since you set your mind with the plan, or you invest money with a plan.

Bearish market and bullish market both are inevitable, that's why fluctuation is a must in cryptocurrency market to maintain the balance because it's not all the time that coins would go rise and rise since it could come up circumstances if it is only increasing. However, many experts says that bearish market is the time to fill in the bags for a future investments, and i agree with that rather than buying coins in the times that it is pacing in a high price.

Everything in crypto is just cycle, pump and dump, bear market and bull market which  is unavoidable. Right now, I think we are in bearish market which is a good time to accumulate as many coins as we can. But just buy those potential coins that tend to give you huge profit when the bull market comes.

Hopefully, the bear market will not come yet but the bull market will come after this so we can make a big profit again for once. That is what most people want from the crypto market but the truth is we never know what will happen later and only hope that the worst is not coming. Suppose the worst thing is still coming at the end of this year or the first month of the next year. In that case, we can not do anything except accepting the situation. Hopefully, before the bear market comes, we already profit from the current situations to be ready for the coming.

I have been experiencing this dump so many times and for me this is just a common thing. I do believe some people with bad mentality already cut loss their investment. Bitcoin and all of altcoins were growing so high and when those coins are dumping right now was normal. The bullrun will not going to exist forever. There will always be pump and dump in crypto.

That's not a big problem as crypto can recover it again as fast as possible when the bitcoin turns into the green candle again. Just look at the impact that happened with the whole of altcins when bitcoin was getting a small recovery. Many altcoins were also doing the same thing like bitcoin as well. The dump was always inevitable and that's it. The pump too. We are growing so hard since last year.

Ignoring the small high and lows, crypto market has been on sideways for about a year now. The price of bitcoin is sustaining between 40K and 60K and the average for the whole year could be around 45K. Such longer sideways market generally mean the market has accepted the new low. In my experience, bitcoin's price going below 40K would be rare and when it happens, the market would correct about 40K immediately. Same goes with most of other alts. I don't think we'll have any significant bear movement at the moment.

bear and bull market are just like yin and yang, they can't go without the other. So we must accept it already, but the thing is we can avoid being caught in the bear with right choices we make, experiences we've gathered and the knowledge we know.

that's general condition ! unavoidable statement is not a bad moment it is a very good thing for day traders ,every investor would expect the bull run to continue in air but a simple thing if there is demand and there must be a supply it is very reasonable in this industry ,so in my opinion it is not unavoidable but must take advantage of the every moment

Many people don't sit down and do some calculations, BTC have spike so much that when bear market strikes it will be devastating yet many are waiting for another BTC all time high, even if it happens dump will follow instantly

I wouldn't be surprised by anything China related to bitcoin.  Even if it's a conspiracy after Charlie Munger's next statement.  It has been perfectly strung so that the shorts deliver a heavy psychological blow.  After the rain it was clear again and the market was bullish and saturated either sideways or negative, it was a normal correction with unusual factors.  Lol

Both bull and bear market are inevitable in crypto and we must realise that there would always be ups and downs in every domain, but I doubt we will see bloodbath like we witnessed in 2018. I think it's too early to talk about bearish market as we have seen Bitcoin touching ATH and dropping to $29k and again crossing $60k within last 6 months. I would suggest let's just study the market without fuds and fomo.

The paradox is to make the move !! It is not that it is inevitable, it is a characteristic of the market with a warning that when it appears it is inevitable to have winners and losers, it only remains to have the ability to be on the side corresponding to the profit most of the time.

Or maybe the cryptocurrency market has changed in such a way that we will no longer see a bear market, and what we take for it is a normal correction. A distinctive feature of today's market is the investment in cryptocurrency of companies with large capital, which is not speculative in nature, but is an alternative to protective assets.

You must respect the law of gravity. Nothing goes up forever, the bear market allows one to have a retropestive thinking and adopt a new strategy. Nevertheless the bear market has not started we are still in a bull market. The Metaverse is just starting.

in this case it's true because we can't avoid the market like this, but that doesn't mean we can't anticipate.
Of course, with experience and conversations in forums that always predict things like this, of course, we are already planning on this.
I personally can't make them change but at least when I have prepared from the start we can anticipate things like this, one of which is to minimize losses and be prepared to buy more

Market would be only having two things.

1.Bear market
2.Bull market

We cant really just be staying on one trend yet that wont be called market at all.Of course price crashes and correction is inevitable
thats why its really important for you not to freak out but instead be wise on making out decisions in regards with
your investment.

When the proper Bear market sets in it wouldn't be slowly crawling in, it wouldn't give you any warning like you are seeing in the market. I don't think we are in a bear market already, there will always be a correction in the market, and thus far for every correction, there has always been this same thinking that the bear market has started already and we see a reversal like in the image.
https://i.imgur.com/EBdon1N.jpg

Inevitable indeed and it's approaching.. The market is slowly declining. It's just a matter of time we are back to the downside again. But i think this coming bear will be a great opportunity to find some gems for the next bull  :D

We all know that the bear market is imminent,  but there's no information as to when it would commence. Few weeks back we had bitcoin drop to about $45k and etherum $3.5 but on the same day, they bounced back. The market is in a constant Flux and it may be out of place to make decisions based on previous years experience.

Yes, it is. But it only means one thing to me, to hodl and accumulate. DCAing some baby gems like $MDT and $ANRX (https://anrkeyx.io/)

Well, actually the momentum of bull run so far is really fading now, and the altcoins season is now entering to this season.
So, for me it is time to buy altcoins now where the price was down now in the market and good to hold them in the long term just like what
we did during bull run time.

The market is always cyclical, so it is a self-deception to thing that you will always be in profit. When the bear market starts, you should choose your strategy as if you are a long-term investor, you don't need to take any steps as you can sit out the drawdown. Nevertheless, if you have some tokens that you are not sure about and don't want to hodl, you had better sell them now and accumulate stablecoins so as to buy more fundamental currencies on a dip.

It's part of the Bitcoin industry or the whole cryptocurrency industry. It will happen every year or every couple of years, we just don't know when. All we can do is swallow that fact. Learn it from the beginning to avoid regrets.
IMO, this is an opportunity for an entry point and I bet there are investors who are waiting for this moment. So it happens and all they need to do is purchase more and we will see it back on the road of being pumped. Who knows, this could be the last time we will see it at this cheap state.

It looks like a bear has the upper hands right now but we can not say for sure the bear is in the control. BTC made 3800$ to 68000$ that doesn't mean that it's overbought. You have put other things to understand the situation. This time market is not anything like 2013 or 2017. That time there were fewer people involved and We saw people panic after a major correction. But this time market is more mature and that is reflected in the altcoin market. People are not selling even after the BTC market correction. Also, there is aggressive buyer like grayscale, el Salvador and other big tech. So bear could cool down the BTC rally for a little bit but 100k is also inevitable for BTC.

The best strategy in the bear market is to buy at the dip because the price will go down and sometimes, the price drops deeper and makes people panic. At that moment, you can buy as many coins amount as possible, especially if you plan to have more bitcoin. However, you should analyse to see when that time is coming so you will not miss buying at the right time. If that is about the token, you should sell it when the price rise so you can take full profit and wait for another time to buy that token at a low price.

It's a common cycle and everyone must be used to it.

Even in a heavy bullish trend, there will be a time that the momentum will stop, and likely, a bear market will happen next. The same as before, just wait patiently for the pullback. While waiting, consider adding some coins to our stash.

In that way, we can have a much more profit once we decide to sell on the next bull run. Then the cycle just repeats and repeats...

Everyone keeps saying we are in bear market? lol it's been a week omg, what!? 2.7 trillion market cap just 7 days again raised.  why do people insist on spreading FUD? A whale just bought 137 million usd worth of BTC at 50k a few days ago. That's not a bullish indicator?

Right now, we are seeing a different move of Bitcoin. In 2020, Bitcoin's movement is going upwards but this year 2021 its the opposite. Instead of it going up, it goes down.
Right now, there are investors too especially those who bought at the top that are in a denial phase. They still believe that the market will go up and they also believe that they will get profits at the soonest time possible.

I will be crazy if I will say that there are no market that isn't undergoing bear market. Stocks, crypto, bonds you name it. Markets have bull and bear market and it is a cycle. Like they always say "What goes up goes down." and we might see it right now with the crypto market. Bitcoin can't hold the $50,000 resistance and right now it is below that price but it remained sideways this past few days. Lets wait for what will happen to it. Will the bull continue to control the market or the bears will take over and control it. :)

This is a difficult situation, when the market is moving positive then a lot of FUD is made in the hope that the whales can buy cheaply, and they are successful because they make the market drop more than 15% during the week, but with this fact of course I will buy and hold so I can get profit when the market has recovered.

I feel like it is just manipulation that they like to do, there is really nothing that makes sense anymore. Sure it looks like it is going to be a bear market time to time but I can't really say for sure. I feel like maybe china could do it as you said, but what if people assume it is china but it is done by someone else.

I have heard all the stories about how Chinese government CCP ends up buying shit ton of short futures and then create a big news about how it is illegal to even own bitcoin and then it crashes and they make so much profit and they just wait a year or so and then repeat the task. I mean thinking back there has been so many "china banned crypto" type of news, if it is banned then it is banned, how many times can you really ban something? This is why I do agree that all of it could be manipulation and maybe it is all fake.

I can already hear the cries of the panic sellers when Bitcoin starts dipping some more. I don't know why people are panicking at this price level when right now we are still at a great position compared to the start of the year. Just earlier this year, we are playing at around 30-40k Bitcoin, having the range of 50k+ is actually good. We just have to wait for another cycle of bull run for us to break 100k+. For now, it's accumulating time.

bear market is a common thing that can happen in the market. sometimes some people need money, get stuck in FUD, and so on that makes a bear market happen. this happens every year. however, because this technology is a real thing, and is really needed, its development is very fast, and tends to increase, we can see the development of crypto from 2012 to the present. even within 10 years, the development of crypto even made the world notice and take advantage of it. however, it is inevitable, and a common thing.