Guess we're not out of this bear cycle yet, huh?

[lopez cryptomania]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

[1713562032]

1713562032

[balintong15]

yes. we are not yet on the bear cycle because bear cycle is just going back to the old one. i guess it is possible to go back to the old times, just like our dresses, years and decades passed but we are always bringing that fashion out. but in the business, we should not bring the old and past one.

[aardvark15]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

Crashes and corrections can take months to years to recover. I hope it doesn’t take years, but it would not surprise me at all if it took the rest of the year to get back to around $20,000 per Bitcoin.

Just be patient and wait it out and we’ll see huge gains again at some point. Just buy as much as you can while the price is low and hold for the big gains later.

[mrcash02]

The resistance point is strong to be overcomed. It seemed we were near to exit this cycle, but BTC started dumping again.
Maybe people are fearing to invest now because regulations are appearing on their countries and they don't know what will be allowed and what won't be. When the governments set the new rules for Crypto-Currency people might start investing more. But there isn't a accurated prediction about when it will happen anyway.

[jtipt]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

Crashes and corrections can take months to years to recover. I hope it doesn’t take years, but it would not surprise me at all if it took the rest of the year to get back to around $20,000 per Bitcoin.

Would agree with this. When BTC reached its ATH it was excessively over valued at that time, it was all pure hype that powered it. One time investors mostly, that maybe cashed out made some profit and aren't looking back at btc now.
Now I am going to assume we see more gradual rise, like it always happens along with the corrections and drops after every few thousand dollars.

[Synash0619]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

Please people you have to understand the market cycle. You can look this as a good sign because the price of BTC didn’t when up rapidly. This kind of pattern shown that BTC is not a merely bubble coin. The technical explanation of this are the Resistance line was already reach by that’s why it will go back to Support line.

I hope that we are on the sideways trend because if not it go back to 6,500 USD support line. Or worst break the Support Line 1 and go for Support Line 2 which is 5,500 USD

[maianh09]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

I have many ideas that it will continue to go down in the next few days, when it comes to the new week it will come back, and a blue will come back. Try to buy the Altcoin you like when the market goes down because I think this is the last chance you can own it at such a low price. Get it before the pump market returns. Good luck.

[Martinkuhn]

I believe that history has a knack for proving itself and that I think the crypto market will come alive after March or maybe in April/May...like last year.

This period will test the nerves of many and I am already seeing a few investors losing their nerves and cutting losses.

The weak hands will cut loss during this few months.. and in May, we will see fervent buying by everyone once again.

Hold on tight, we will get a chance to say "i told you so" very soon.

[Beefcake]

It is hard to say, this market is different than before.  I am 100% sure that it is being heavily manipulated by wallstreet, who just got in recently.  I was watching GDAX the last few days, and I have seen obvious spoofing and order stuffing. 

There was suspicious timing: futures contracts came out, at a price of 20k right after bitcoin hits an all time high of 19k.  Then mysteriously there has been nothing but bad news since.  Also stuff like VISA-Coinbase shenanigans.  Its b.s.!  I get a credit card number stolen once in a while.  After a single $3 transaction they shut that crap down!  So you cant say that the cc's were ignorant to crypto purchases.  So why now all of a sudden?

There are lots of things like that.  To me the manipulation is so obvious that if the people running the world economy weren't the ones doing the manipulation, then there would be an outcry and people would go to jail.  As it is these are the people who pull the strings so they can do whatever they want.

So it is hard to say what will happen.  I feel like this 'bear cycle' is the result of heavy manipulation.  However bitcoin is a freight train running downhill without breaks.  There is no stopping it.  But that doesn't mean the price can't be clobbered in the short term.

[BillCoin]

The trend is still down as panic sells are triggered, but soon the bitcoin will find his price and he will stabilize, its going to boost  him further as the panic sells will stop.
The whole market  is very new and that's the reasons that the price changes are so aggressive, we need to find a price floor and start from that.

As a long term believer I don't really care about short-term price changes, and if you are a true believer in bitcoin you shouldn't care as well, hold until we get into massive adoption, the previous network upgrades including Segwit bech32 addresses are going to decrease the fees significantly and I believe that's the trigger that is going to push the price forward.

[Nhebu]

The trend is still down as panic sells are triggered, but soon the bitcoin will find his price and he will stabilize, its going to boost  him further as the panic sells will stop.
The whole market  is very new and that's the reasons that the price changes are so aggressive, we need to find a price floor and start from that.

As a long term believer I don't really care about short-term price changes, and if you are a true believer in bitcoin you shouldn't care as well, hold until we get into massive adoption, the previous network upgrades including Segwit bech32 addresses are going to decrease the fees significantly and I believe that's the trigger that is going to push the price forward.

That's right! If you are in a long term investment, you don't  care in bearish cycle of cryptocurrency.
Panic sellers are triggered to sell because a lot of speculations in bitcoin that they followed. As a keen observer, they might notice how does the manipulation of bitcoin affects its price, not by the speculations they gathered.
P.S. bitcoin is not a human, please refer it as a thing. Use the proper pronouns. Thank you!

[shulio]

The current price trend will cycle between 12000 dollars and 9000 dollars. I expect the price will be around 10000 dollars through the year.

[JesusCryptos]

Not really, nor I have ever thought we could so fast. Consolidation might need a lot of time. I am afraid that we still have to experience lower lows in the process. Pain ahead, probably.

[FrueGreads]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

Why do you say we are still in a bear cycle? I think we are just in normal daily consolidation right now. Don't forget we went as low as $5800, and then we started to slowly recovering and went as high as $11700. We even had a small bull run of 4 days in a row, that didn't happen in a long time, and we are not seeing some consolidation from that run. This is perfectly normal in any market. As long as we don't go bellow $8390, or $7800 if you want to give a little more room, we should be fine. Hopefully we pulled back to $9700 and that is our new resistance point. If not, we still have some room to those values I've mentioned. We will take some time to break the $12k, but there is no reason to believe that we are not getting there.

[Bitbratt]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

I know you are still worried about the current value of bitcoin though you said it is a good opportunity for those who want to buy but you want tit beyond 20k$. It is either you want to sell yours or you are afraid it will not recover at the end and you are going to lose.

[dothebeats]

That's not how it works, unfortunately.

In the meantime, the selling pressure from different exchanges outweigh the demand, so in this case we are expecting more downs rather than ups. Also, there isn't a concrete trend or a definite direction in which way the market would take; right now it's just a constant battle between traders to profit and no other people included in the trading arena. And looking at the charts, there seems to be some form of bearish movement brewing, so yep, we are still not out of this phase.

[timerland]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

We're still consolidating at a much lower price level than the high of $20k last year.

We should be slowly moving up throughout the first half of the year, in my opinion. Ecah time the floor of bitcoin should be raised. There won't be as many pumps or as much volume in these pumps as last year, that's for sure.

The market mood is still quite bearish since the start of the year isn't a particularly good one. Though expect both the market mood and price to turn to a stable level once the floor is raised past 5 figures. A pump after this current consolidation should snap the market out of being bearish.

[hase0278]

So when in the world will we break out of this bear cycle? When do you think it will end? This is a good opportunity for those who do not already own, but I don't know about you but I want it to go beyond $20k already. I guess we'll let more people in now so we can go up to that next level of a bull run... Cryptoverse only knows.

The indicator that we are out in this bear cycle is that when selling has subsided and price have calmed down for quite a while(this is the indicator I always use). Don't just trust my indicator though since there are some instances where this have failed to determine the movement of bitcoin market but most of the time, when selling subsides, btc price tends to price after being stable for a while.

[alyssa85]

So when in the world will we break out of this bear cycle? When do you think it will end?

Maybe not for a while. The 2014-2015 bear market was a slow bleed where the price went from $1000 to $170. It then took the whole of 2016 for it to climb from $170  back to $1000.

So it might take three years to get back to $20,000.

[TooDumbForBitcoin]

The current price trend will cycle between 12000 dollars and 9000 dollars. I expect the price will be around 10000 dollars through the year.

Such range scenario will be great for altcoins party this spring  are you fill your bags already?