Bitcoin Forum

I think crypto winter is already upon us, no matter how BTC proofs to be stronger it always goes lower since last month, it's getting more harder to retrace old ATH even while institutions are adopting the coin, I believe that massive sell off will happen soon which will unlock the door for the bears

You're too late to say this. You should say this when the price of bitcoin was around 50k sub but this has been going to the the below 48k. None know for sure whethe rbitcoin has been reaching the bottom level or not. The bearish trend already happened and so many altcoins have been losing around 50% from their ATH. Don't you see it as a proof if the bearish trend already started since last month?
So many people have also been talking about this since last month as well.

Lol it's already happened and you must see the chart again. Bitcoin already plunged so hard from the top to the bottom in a short time. It's enough to prove that if market is facing bearish market right now. There's no need to wait for another sell off to happen.

I completely agree with you, the trend will change soon and it will be, I think, comparable to an avalanche of sales. At this moment, it will be most correct to keep the top ponets, if they have not yet managed to take profit, and to buy the fallen promising coins and wait for growth.

Whales already sell-off and the only thing keep the price changing right now are retail investors that keep buying and selling. No one will gonna sell off more since the majority of holders are institutional investors and most them are still accumulating and don't have plan to sell for a break even. They are just waiting for a more perfect opportunity to buy more and this whales will once again ride the waves to reach that new ATH. The price looks not good but this major retracement always happened when Bitcoin reach ATH. Still all good.

Or unlock the door for new entry investors.
But what does it really tells us? Bitcoin is volatile, and that's it. We cannot always expect for a bull just because we experienced it. It's like history is just repeating itself. Bitcoin went 20k at 2017 then a bear comes. After that, investors are expecting too much. It did happen but it just took time.
Patience is the key. Or, are we that in a rush because we are looking at altcoins getting their pumps at a short span while Bitcoin cannot? I'd rather take the long confident road.

BTC rose from 3800$ to 67000$ this year, ETH rose from 100$+ to 4500$ if these haven't show you that we've reached a new ATH already I don't know what will, it's either you ate expecting way too much from crypto or you missed investing early in 2020 to 2nd quarter of 2021

Retail investors are humans too, they understand the buy low and sell high strategy so at one point they will eventually dump just to acquire more bitcoin before next bitcoin halving, bear market is imminent that's 100% sure

We are teetering on the edge of a bear market with each passing week. When it does finally hit the big players will likely liquidate their risky positions first which are usually most of the major and minor altcoins.  While I do not think it will be as bad at the 2017/2018 sell-off there are so many more people this time around that are wy overleveraged. Be careful out there and especially now do not put more money out than you would be comfortable losing.

The price is strongly hovering within the $47k-$50k showing a strong resistance zone around that market price range. Price might go further bearish if the zone breaks but if it is unable to break through then a new bull run starts to test back the previous ATHs and if it breaks the zone a new ATH is set

Bitcoin and most of the crypto are now sustaining in a higher limit, lower than their all time high but higher than the ATH of last year. The prices are fluctuating within a range.
December to January/February (Chinese new year) always has been somewhat bearish market for crypto as well as stocks. This seem to be a festive time and people spend more than they save. We could expect much activity in the second quarter of 2022.

I also think that bear market has already started, nevertheless, I don't think that crypto-winter is about to start soon. The main feature of crypto-winter is that there are few investors and there are few developers who found new projects, but now there are plenty of NFT-projects and metaverse projects, so I think that hype of crypto is still going.

I believe we are already in bear market as well but there will be few recovery along the way that will fool many into thinking that we still have some ATH to achieve, it's like 2018 all over again where bear market was already in front of everybody but only few took note.

A few months ago, after the previous ATH, everything plunged this way and many people started talking about trend reversal, bear market...

But then, it made a new ATH with the double top, which many didn't expect. If you believe in TA, double top means that now it will really go down, but I don't believe in technical analysis as a science, sorry.

Take into account that more people than ever is starting to believe or be interested in crypto worldwide. If this goes really mainstream, if we are seeing the first signs of true adoption, crypto winter may be further than many expect.

I agree with you that currently the market is in a bear market condition, but many people do not see and take advantage of this situation well, if you see the market cycle at the end of each year always decreases and at the beginning of the year the market increases again, I think this is the time best to buy potential altcoins like ethereum and binance.

Will the bear market occur in mid-December today or vice versa when the price is already deep enough resistance, will the community and large investors be able to enter and have a positive impact so that the bull market occurs at the end of December to January? we'll see with the price continuing to fall it provides a great opportunity for us to make purchases on some coins.

Truth is no one can really tell where the market is heading, now we have more strong crypto investors who are willing to buy every dips I believe that the next bear market won't even last longer as everything will look like opportunity to buy more coins and tokens, there won't be a long term bear market like 2018 ever again

Then it's either we:

(a) prepare ourselves for the eventual bearish market
(b) accumulate if you have funds and buy cheap coins
(c) be resilient, it might take another 3 years again for the market to recover

So this for me is a good plan for the next 3 months as we brace ourselves for another crypto winter.

We’ve been trending downwards for a while now, there doesn’t seem to be a willingness to get & stay above 50k. I do think we are at the start of a bear market yes. Whatever though, we all know this is what happens, bitcoin moves in cycles. Buy when everybody else panics & sell when everybody is greedy. We will see new highs agsin, just be patient.

You are probably new to the crypto market. This is how it has always been. The price starts to rise, be stable for a while and then drops. The falling of the price is actually the correction phase. Happens when the price goes up very fast. And it doesn't always goes lower. Why just look at the last month price? How about going back few years and then compare the price? You will see that the price went up a lot. Zoom out the charts even more, and you will see that from few dollars, bitcoin now worth thousands of dollars. I doubt any massive sell out is going to happen anytime soon. The price is already down to $45k while it was above $60k few months ago. Invest now and maximize your profit.

But maybe you forgot that winter won't come and stay forever. It may be people are selling off their Bitcoin this time for the Christmas celebration and it was just fine, in fact, the price of Bitcoin remains $45k- $50k, ain't that affecting much unless if we fall down below $40k. That is why I would say that I'd never see winter tell now, the market is still strong and bullish for me (it is a different look that you've seen).
Well, have to worry yourself but not me. I mean, I guess you may not as the market won't fall like what happened last 2017/2018.

Holidays are coming, OP. Expect a lot of people selling their coins right now to enjoy the upcoming event. Regardless if it is an individual investor or institutions (as you mentioned) that are considering to adopt the coin.
Buy the dip if you have the means to buy.

Kinda normal thing to an asset that is highly volatile. Nothing to be freaked off as long as you knew how to handle your portfolio.
Massive sell off always cause the market to crash, and If you happen to sell during the dip that'll cause you problem with your investment.
Why are we so worried about the bears to come, can't you see it as an opportunity to expand your investment?

no one knows the price of bitcoin in the market going forward, not many people can see and take advantage of the current situation well, if you look at the market cycle at the end of each year it always declines and at the beginning of the year the market increases again. The price may be more bearish if the zone breaks but if it doesn't then the bull run is just starting to retest the previous ATH and if it breaks the new ATH will be set

I see the bitcoin market will experience a drastic decline, and this could lead to a mass decline for all crypto markets. the only thing that can be hope is January 2022. If in January the bitcoin market can survive and not fall, it is likely to experience a pump. but if bitcoin experiences a drastic decline, it becomes a new era for crypto to experience a drastic decline like the era of 2019-2020.

Maybe, I was hoping that then so I can buy more coins but that is not the thing I saw now, there is a recovery that commences early next year before the bear season comes again. Might there be a big sell-off happening this December but I'd never think this could be enough to make the market turns bearish, we are actually still healthy and keeping on highs.

 I may wait for the 50% corrections at least to call it bearish but for now, we are still far from it. Crossed finger...

There's already that has happened. And that's why we see a big correction coming from $57k which bitcoin was stable at that price.

Actually, many sees where the price is heading and also those that are taking advantage of it. It's just a matter of time on what people will do upon classifying that point.

Unfortunately, that is what is happening right now.
Just after the peak at $69,000, Bitcoin went bearish at least for the short term and went down to its 21 Weekly MA and that is a sign of weakness. Though within the last 24 hours, Bitcoin has went up $2,000 already from $46,000 to $48,000. This might be a sign that bulls might be in control again but too early because many want to see Bitcoin go above and close the 21 Weekly MA.

Massive sell off happened already a few weeks ago but there is a chance that it might happen again but still, what you are saying and what I'm saying is just one of the prediction that an Average Joes are doing so... yeah thanks for sharing your opinion I think. Many wants to see Bitcoin go upwards again but just be ready whatever happens.

Dont be surprise because thats the nature of Bitcoin. We cant expect the price to stay in just one season since its high volatile. Thus even bearish market occur its just temporary and a time that we can take advantage because coins are much cheaper.

Dont feel bad if the movement of your coins are not what you expected it to be. As long as its an establish coins (like Bitcoin) then there's nothing to worry, of course it has still risk but worth to hold since its profitable.

Now the improvement in several percentages has begun to be seen again in the market, because basically the strength of BTC will still be very visible and also still highly desired by everyone because the lowest point of BTC is still above the previous ATH and for next year it is possible that a new ATH will be created

The downward trend always occurs towards the end of the year, because some people will do massive sales for the Christmas and New Year holidays which will result in a decline in bitcoin and hopefully not a significant decline.
and I think some of the FUD that has happened is still affecting bitcoin's movement, and there is no other choice but to hold back or take advantage of the moment to make purchases gradually to grow holdings. because I think the new ATH will definitely happen in the next few months.

yes, I agree and also hope that as you said that bitcoin still has the power to increase, despite being hit by a very sharp correction but still being able to not fall drastically. this is the power that bitcoin still has to give something the best at the end of this year or at least welcome Christmas.

it looks like next year if there is no drastic change there will be another correction and usually it will continue and it will be difficult to form renewable ATH. but we are always optimistic that there will be a surprise from bitcoin and we are waiting for it.

Most of the time in the December market remains like this and I believe it's not a sign of worry. I don't see any reason for a massive sell-off. Now the market is different from the year 2017-2018 because the adoption of crypto increased. In my opinion, the market will improve gradually. The market is not dependent only on the institutions even more and more common people also taking interest in the crypto market and it's a good sign for the crypto market.

I don't think this your assumption is correct. I do however believe that we have been seeing some correction in the market may be triggered by FUD or other news but I don't think the bear market is here. Just try to zoom out on the BTC chart and view it either Daily or weekly to see a good picture of where BTC is headed and not by 5min charts.

Even if bitcoin becomes stronger than the last month, we still need to be careful because we have already seen this situation before, but the price is lower. The bull run will come again but it is difficult to know if that can happen at this end of the month or next year. But the bear run can also come again because bitcoin has already hit the last ATH so we can hope that bitcoin can back to make a new ATH.

There is nothing that can be done in conditions like now except just to hold it in, because being patient in dealing with a bear market is the last option that can be done by everyone if you don't want the losses to get bigger.

In 2017, it is quite different since it was a new ATH for Bitcoin (20k) but for 2018, it was kind of the same though but I guess the reason of the massive sell-off were still the same considering the holidays that are about to arrive. Everyone needs to cash out once in a while I guess.
Back in 2017, I still didn't know how to cash out my Bitcoin so that I can still use it somehow but meh that regret is way past me already.

The Bull is weak, because of the huge selling pressure, and it's not surprising because it's a year end already that is why many traders want to liquidate their position for some reason maybe to start fresh in the coming year 2022, or maybe it's because of the holiday celebration people needs money for that important event that's why good luck to all. 

The current price is not bad, at least majority never even expected the market to be at this level by now when it started falling. Earlier I was already seeing so many people who were saying that the market would drop below this when the bear market starts. Some of them even went as far as saying that it would drop to $20,000.

So, that’s to tell you how low the people thought we would get, but today we are still above that and the market is not going anywhere below the $40k mark. And the way I am seeing it, it might continue to stay above this price. A lot of analysts are positive on how the market would be rounding up, although I’m skeptical on that, since the year is already running out, but let’s wait till then and see.

The current price It's not bad, current price $48k+.Decentralization is never be stable, It's always pumb and dump.Bitcoin price broke the all record price this year and reached $66k+ this year.I Think bitcoin price will be more increase 2022 and near future. Bitcoin they will be more development and improvement.

I really don't think bear is around the corner as we seem to be in it already. Bitcoin has dropped consistently in recent weeks, which however drop majority altcoins, I think the next thing we're likely to witness is bull.

I don't agree with you. Bitcoin price is between $48 and 49$ right now. I think the price is coming up, as at some week ago the price was lower than this. At this time the truth is that bitcoin price ìs unpredictable  , no one knows how the is going to be at anytime.

it's hard to say, I think it's not worth comparing the experience of previous years and I would pay attention to the significant events in the new 2022, which may possibly bring positive dynamics to the market as a whole, not only for the cue ball, but also for altcoins.For example, ETH will switch to POS and how the coin will react is not clear.

Massive sells of coins can not block cryptocurrencies institution of bear market, the regulations of bitcoin caused the market value, the Bear market always occur within some months period, and it has season and we are about to go in the season, by next match bear market can troops into cryptocurrency marketcap, and i noticed that going up bitcoin other coins follow the same point to have values in cryptocurrency market, because when bitcoin collapse for values other coins also follow the same source

Whether we like it or not, the bearish season will come as even if we never wish for it. Something like we need not wonder, in fact, we can't just think that the market will be forever bullish, this can't be going to happen and maybe, it was the time for the market to take a break after having a long bullish season.

But, as we can see, the price isn't falling down bad. Apparently, I was thinking that it drops below $40k before we end this year but it looks like it never happen and the market support level is still high pulling it up. Well, I guess, the market is still on the bullish side.

Months ago, I thought we could go up to $100k (laser eyes mode on, you know) but at this point I don't think it will happen and, a few weeks ago, when the price started falling hard, I thought the same as you, that we would go below $40k.

But, look, if so many companies and powerful investors have gone into frenzy recently (crypto.com advertisements on TV with Matt Damon, for example) and they know what they are doing, this bullish trend should last longer than many bears here think.

Fingers crossed; good luck :)

At the end of this year there are indeed many coins that have decreased and reached up to 50% lost their current prices, and also bitcoin is falling back and this will continue to happen so I believe the bear market has returned and we cannot fully declare because the crypto world can always surprise us all, then take advantage of the current situation to invest in the long term because it is the best way at this time.

The market is still fresh and u think at this stage, the whole thing looks manipulated to me despite the fact that we all know that the market always correct it self during December because of the holiday.
If you look at the monthly chart, we have a double top and I think it's time for corrections before we see another rally or bull run comes 2022. We may also see another all time high.
If Elon is still holding all its portfolio tightly and refuse to sell, I don't see reason why anyone would want to panic or give up on the market.

I don't think everyone will make a sale even though the bitcoin situation is not good, there are still many who believe that there will always be changes to achieve renewable ATH that will be carried out by bitcoin, it just takes patience and not panic in responding to the situation, because things like this often happen to bitcoin . for new players it may be true as you say, may make a sale but not for old ones with bitcoin, there is always optimism.


we can't let go of the past situation when we talk about bitcoin because bitcoin has its own criteria which always repeats what has been done even though it's currently a bit off, but it's still in a good corridor.

Yes, there must be a sense of optimism for next year that there will be improvements although it is a bit difficult because usually after the increase there will be corrections throughout the year, but there is always optimism for that change to occur. hopefully what you say about ethereum can be realized well and we are waiting for it.

This is the risk of investing in crypto, we really have a hard time predicting which direction the market will move and there are often surprises
in the crypto world. It turns out that the market is currently bearish, different from what many people predict that at the end of the year the market
will be bullish. But we should not panic seeing the current market conditions, because this is not the first time the crypto market has suddenly
become bearish as it is now. We must learn from the history of crypto price movements, every time there is a price decline, then the next market
will pump and rise higher than the previous price. Therefore, use the current situation to buy potential coins, because almost all the coins now
the price has fallen quite deep, so when the market recovers we can make a big profit if we buy coins at the current price.

I do not know what to say because I am sure bitcoin is still strong to defend the price not going down for more but the price can go down if people still panic and can not hold down their emotions.
We already see the last ATH but that is not the last ATH because who knows, bitcoin can make a new ATH in the next year as the scenario for bitcoin will be different than the last few years.
The institutions will be love to buy bitcoin, especially if the bitcoin price can go down like a few days ago.

buying back a bit is also recommended because the price support seem so strong and it has a chance to bounce and end the bear season, this year has many suprises since the new all time high at the early quarter then market crashed, people think there will be a long bearish after crash but suddenly months after it created new all time high which is never happen before in history.
So i think preparing for buyback is also recommended in this currenct condition since we don't know when the bear is over.

I am seeing a great future ahead of bitcoin investors for those that are ready to achiev well from bitcoin investment. Bitcoin price will not reduce more than it is now because it's preparing to increase more in the exchange market for those traders to earn well from their trade. Any investors that is ready for a better future will not miss this opportunity that is about to happen to bitcoin investors in the community. Buy more of bitcoin now, since the price is still low for anyone to buy and hold for future purpose. Bitcoin price will definitely return back to $70k before the end of this year 2021.

did you not notice before, this has been happening for a while, maybe soon we will see a lot of crypto prices get better and the trend will change soon. what we see today I think is a strategy that many investors use to make the price of digital currency grow better.

Not on my watch, if BTC can hold 45k into January 2022 this doesn't mean it won't fall further after new year festival, bull market have managed to stay around for more than a year already I don't know why anyone would be so greedy enough to keep expecting bulls to stay forever

@adzina I agree with your statement. This thing happened earlier in 2017-2018. But many crypto holders panicked that time and sold their bitcoins. But there were some who started hedging.

I do not think that it would be too harder for bitcoin market to scale the old ATH when institutional investors are getting back to their business. At the same time. bears may come into action as profit booking must be the trigger for opening door for bears which may get intensified when more people start believing about upcoming massive selloff still these are all just part of bitcoin market but in long run bitcoin is always good to invest for the targets of new ATH.

yeah, only impractical bitcoiners must be expecting bulls to be in action forever but over experiences people will understand about both bulls and bears as part of market and will come into action alternatively.

And some people never think that way but instead, they still let their emotions drive them to feel worried for just simple corrections.
All we have to understand is that the market moves like a roller coaster, it rises today and it might be down tomorrow. We can't hold to its volatile nature and it comes always like this even in the future as there is no way to keep it in our favor.
Well, haven't changed, it was still bullish until today...