how long the bearish trend will last

[coinsontheroad]

People weeks to months ago have said 15k was the bottom, 12k was the bottom, 9k was the bottom, 8k was the bottom, and now: 6.6k is the bottom. Is it too late to sell? No, not if it continues to go lower.

Bottom line: no one knows where the bottom is.

That's it. I think we all know crypto is so volatile that anything can happen. I'm not assuming a bottom until I see a confirmed trend reversal.

As for chartists, sometimes they're on, sometime they're not. But BTC doesn't give a fuck about TA. So we are all in the dark.

[1713605743]

1713605743

[iillaa]

We are at the bottom no.  Starting to see some large BUY orders making it jump to 7k and 7.2k last night.
Buy now or forever hold your peace.

And this is what you said a few months ago.

BTC is cheap right now!

So, don't listen to ClownSpider as his record is pretty poor

wow  strong memory

[SuperAcaiBowl]

that's a questions that's hard to answer, and the few people that do know that, will not give that secret away.
Bitcoin could lose its #1 position to another altcoin in 2018, that's why investors, HODLers should always diversify!
And NEVER invest money, you can afford to lose!

[iillaa]

thank u all for your answers    i learned some stuff from it  

hope that there were a thump up button  to  like some good comments

i think i will hold my btc  and  watch the market  to see any good news  to buy more       but  ofc not today as some of u said it may hit 5k  

[SaShiRaJaVu]

There is no clarity to determine how long these bear market will continue, but one thing is certain, we will see a good rally by the end of this year as the regulation talks will be over by then and the countries will come up with a clear idea about what they are going to do with it, until then expect the market to be like this.

[seven2smoke1]

The trend will continue until there is a reason to stop. At the moment I cannot see such a reason anywhere near, so it's likely to continue either until it runs out of steam, or until some positive news halts it. Since a lot of advertising surrounding crypto has been blocked, good news will be harder to come by as time moves forward.

That's absolutely right, the trend will continue because there is no good news, according to cryptocurrencies until now, but I believe that one day sooner a later bitcoin will gain more potential and the price will bounce back and reach first the 10k$ and then it will go for the 19k$ again. I hope this bad period will pass sooner. By the way, this is a very good opportunity for investors to buy a lot of bitcoins, because I am sure they will make a high profit when bitcoin increase again the 19k$ level.

[weav]

Nodbody can tell you exactly how long , the hope is that before the summer the market will go up. I won't sell now unless you absolutely have to , there is a reason you invested and that isn't to sell on a relatively low price.

[Ultegra134]

how long  btc will keep bleeding ?  and  is it to late to sell ?  are we in the bottom of the dip ?


thank u

We might have potentially hit rock bottom I'd say. I would advise you against selling any BTC currently, unless you are a trader who had bought at a lower price and want to get rid of them. I'd say/hope that next week will be better in terms of price levels but it will probably take months for a "full" recover.

[Silver_Wost]

how long  btc will keep bleeding ?  and  is it to late to sell ?  are we in the bottom of the dip ?


thank u

why you do not have confidence in the future bitcoin will increase, why should sell if you feel better you survive and hold it for the future I am sure bitcoin will re-develop and experience price increases although I can not predict with certainty

[hridoyb]

how long  btc will keep bleeding ?  and  is it to late to sell ?  are we in the bottom of the dip ?


thank u

This year only for bitcoin or other crypto asset  hold.So don't sell any crypto with loss and wait for market grow up.Bitcoin is a totally different digital currency and nobody cannot control this and market depends on bitcoin .Last few weeks we get negative news one by one.so i think this year only for bitcoin or other crypto hold and hope bitcoin will be back soon

[cryptoroi]

I think you should hold it for some time more. My suggestion to you till then have some research and analysis. You can get some better indicator to make the final decision. And price of bitcoin starts to go up.

[FUD Expert]

They say that a huge good news is coming from Russian on May so if that is true then we could be experiencing another month of this bearish market and if that news is not true, all we can do is wait and hope.

[Crytptomeniac]

We really can't tell for sure how long the bear market will last but I have a feeling it will last longer than any of us predicted or think that it will and we will just have to wait and see what happens.

[Washball]

With a bearish trend it's not the best time to sell. As bitcoin is dropping close to the bottom of $6500, a bull change will soon have the price shoot up. So you better hodl and you'll be rewarded. With the bull trend the price could rise to 11K.

[freightjoe]

how long  btc will keep bleeding ?  and  is it to late to sell ?  are we in the bottom of the dip ?


thank u

I think the decline will soon be over. It has been going on for nearly four months. The price of bitcoin has dropped from $20,000 to $6,800, and I don't think it will cost less than $6,000. Now we can't give up at last, or we will lose a lot.

If you wait you will just lose even more.

At some point you need to face reality that you have taken a gamble and lost. The only question is how much you are going to lose, because you will certainly face a loss if you bought at 20.000.

[ahmad21]

how long  btc will keep bleeding ?  and  is it to late to sell ?  are we in the bottom of the dip ?


thank u

It is really too difficult to understand until when will the btc bearish trend continue. Most of the people have been in a little trouble about this trend but only a few have been able to make money out in this trend using short selling and recoveries. But I think this is really not the bottom of the dip until now. This bearish trend will continue for sure for a pretty more time. Moreover if you see the double top.formation in the daily chart price will surely go until 4-5k $ before it begins with bull run.

[Jerrycryptofield]

Its hard to say for how long it will continue to go down.But I think there is nothing to worry about. Everyone just need to be patient. Hopefully soon the price of Bitcoin will start going up.

[Ararbermas]

how long  btc will keep bleeding ?  and  is it to late to sell ?  are we in the bottom of the dip ?


thank u

the market is very difficult to predict mate , since there are some causes emerge in the market. But don't lose hope 'cause it will never go dip , and perhaps 6k is the bottom now  and  for sure after this the growth rate will spike again . so just keep holding or create new strategy for upcoming trend to avoid huge loses with it.  

[harrypot]

I know the price of bitcoin is in declining stage. But, it's fine as long as Bitcoin's nature is to fluctuate. The price may rise very low or very high. So, don't lose hope because the price will start its recovery soon, most probably at the end of May. So, have patience and let's hope for the best.

[btc1]

Yes, but we don't know if that is ever gonna happen.

We all know that this is temporary, but we are not sure for how much time it will last! Anyway, i am pretty confident in that it will stop in a few months from now.

I know the price of bitcoin is in declining stage. But, it's fine as long as Bitcoin's nature is to fluctuate. The price may rise very low or very high. So, don't lose hope because the price will start its recovery soon, most probably at the end of May. So, have patience and let's hope for the best.