Bull or Bear season for crypto?

[dessyhodin97]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

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[Upgate]

The price of bitcoin moving high or low can be attributed to various form of reasons. The price seems to had slipped into down movement I still can't say it was it a bear period. Price has connections with volume, demand and supply

[mk4]

Though I don't think there's a standard criteria into checking if a market is in a bull or bear market, I'm guessing we're still probably in bullish territory. We'd have to be in a continuous downtrend to probably call the current situation a bear market. Probably another drop to $6k-$7k would be enough to conclude that we're back in a bearish territory.

[Linkkoin]

Throughout history (at least for Bitcoin) each bear-bull cycle is getting longer and longer. In previous one bull and bear markets lasted for over a year each.

[avikz]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

Neither!! Bitcoin is slowly showing signs of stabilization. Before the recent downfall, its price fluctuation was less than 2% for close to two weeks! I would say this recent downfall is more of a routine correction only! So we don't need to term it as bullish or bearish! It's very normal in crypto market and we have been experiencing such kind of fluctuations since a long time now!

[kryptqnick]

This has already been asked super recently, were still in bull until the market goes into a true downturn. This is just a part of the market cycle like the previous ones before it, on the initial run up to $10,000 there were plenty of 10%+ dips and swings. It's just the way crypto works.

I hope that what we have now is just a correction or something, not the change of the trend. The price is not very welcoming now, it's $8k instead of $10k, and it's very close to the $6k-$7k price barrier that Bitcoin struggled with for months in 2018. The price hasn't dropped so low since June. However, it's also true that similar drops have happened during the bull run and haven't changed the general trend (although the price after each drop did not recover fully). I guess only time will tell what's going on right now.

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

Neither!! Bitcoin is slowly showing signs of stabilization. Before the recent downfall, its price fluctuation was less than 2% for close to two weeks! I would say this recent downfall is more of a routine correction only! So we don't need to term it as bullish or bearish! It's very normal in crypto market and we have been experiencing such kind of fluctuations since a long time now!

Well, this is another way to look at it. Stabilization is not bad, I suppose, although I would prefer stabilization at $10k rather than $8k... We already has "stabilization" around $6k-$7k, and some people called it 'coma'.

[pundit]

It cannot be called as pure bear trend but it is nearing to that point. Bitcoin has slipped to $7900 from $13000 recent high, that is the cause of concern for all the crypto holders. If the price could have stabilized at $9k, we could have called it correction but at this level it may turn into bear trend anytime. Lets see and hope this bear trend does not come again. Bull trend has surely broken but it has not entered into bear trend yet.

[VDraci]

No worries, bulls are still alive and still raging as well, whatever we are seeing presently is simply correction, i took the advantage today by buying some bitcoin for shortterm hold and i am sure i will get good profits, altcoin investors might be wrong though, they belief altcoin season is around the corner thats why btc price dropped

[qiman]

I believe we are going back to a bear market. I do not ever think we will see the 850 billion that we saw come in late 2017. Those days are over. Now we have mainly day traders, trading Bitcoin like they do Forex, so this is what now has destroyed the dream for many people coming into this niche thinking that they will ever get rich. Only if you know how to trade and you have capital doing so, then you might make some good bucks in this game. I don't consider a 250 billion market bullish anyway. Unless we went back to 500 - 800 billion I don't think of the market having been bullish since beginning of 2018.

[XCANA]

I wouldn't agree with the lotion that, we are into bear again because, the bitcoin has been going down or on a downtrend  along with some major Altcoins. Even there will be a bear market, one can't determine it from the current downtrend, until we see another $6k per Bitcoin, then and there I will be convince of the bear.
We should also remember that, the market itself has not been booming like what we had in 2017, 2018 till date can be seen as Recovery mood of the market.

[lightningmelo]

Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.

[pixie85]

Still bull. We were going down for a year and on the path to sub 3000 dollars but broke that and went above 6000.

That run from 6 to 12 was a FOMO rally but the core move to 6000 is still there untouched. We're only deflating a balloon made of weak hands and FOMO kids that's all.

Not all Bitcoin investors are traders and not all that you see happening on exchanges should be acted upon. You can participate in the rat race or not.

[Turk Ace]

I think it is like the bull and bear playing tug of war. It goes like a roller coaster. Look dat chart xD

They were saying in some news thing google showed me (I turned them off well on hide but that doesn't seem to work always they never seem to stay hidden) that bitcoin will never go below 10k again and that time is over.
I say buy bitcoins now. Bitcoin is so strange. You never know what is going on with it. Though much of the time you can profit since the graph for the price of bitcoin seems to touch every now again meaning back to where it was so you had a chance to make a profit during that time no matter what time you bought (so long as it is within reason and you never bought at the peak)

[sunsilk]

Are you guys not convinced that we're already on a bull market? the bottom for this year was $3,400 and we are still @ $8,100. It was moved up to $13,000 and that convinced everybody that we're on a bull market.

And right now that the market has plunged and bitcoin went lower, everyone seems to see this now as a bear market?

Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.

Exactly. We are down from that price which is still good even though the market is correcting now.

[YuginKadoya]

Pretty much to say we are still in the midst of the bull market, but because of the recent plummet of the price some people are considering the start of a bubble or us are back in the bearish market again, well, in my opinion, the price is still high and $ 8100 USD is a solid price for bitcoin and it is holding its ground despite that someone of somebody is making a move in giving the volatile movement a downtrend, I can not say if there are whales that orchestrated this or an exchange that dumps a portion of bitcoin or hacking of the system that has never mentioned by the news, but in my opinion, we are still intact in the bull market the price is still good for me.

[jhongzjhong]

If someone knows I am pretty assured we are all in a good wealth now. I don't know what tools we are going to use in identifying what will happen next, a bull run or remain in a bear market. Even though how expert on TA will also have a mistake(a majority of them). Here is my conclusion that it will remain bear market, I have a strong feeling of doubt of what is the reason in a sudden dip on this week because on launching BAKTT. More investors or whales transfer their investment. IMO. Well, don't mind it because that is a cause of wild imagination, always bear in mind that only strong hand will have a better future and get massive profits for those who will wait for a long run.

[Artemis3]

Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.

This is exactly it. Dropping further and further before the halving? Heh, that would only trigger a crazy pump that would need to correct afterwards. But no, the pressure from the bulls is there, halving is coming. After, yes, bear cycle probably.

[maianh09]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

I don't think we should call it Bull or Bear, because the market is in the process of adjusting prices. Bitcoin increased rapidly in Q2 when it increased from $ 3000 to $ 12000. Having long-term growth causes the Bitcoin price to quadruple in half a year, which makes things move so fast, so price adjustments appear. Price adjustments help the whole market return to its original trajectory.

[pixie85]

I think that we are still in bull and following EMA or triangles is not going to tell you with certainty in which cycle we are. We were in bear but did not go below 3000 and instead doubled that in a few days and went past the crucial level of 6 and then 10 thousand. Now we are in a crash from that level but this doesn't have to mean a full long bear cycle again. There was no all time high like every time when we crashed and entered bear market.

It was only a short pump followed by a short dump. Until I see us go back below 5000 dollars I'll say we are in a bull market.

[Herbet Fry]

Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.

This is exactly it. Dropping further and further before the halving? Heh, that would only trigger a crazy pump that would need to correct afterwards. But no, the pressure from the bulls is there, halving is coming. After, yes, bear cycle probably.

I think so too. Prices should sky rocket after the halving it only makes sense. I hold onto my bitcoin for then.

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

In 2 consecutive days the bear market took place I lost 30% of my total amount. However, I am still here holding on until Cryptocurren recovers. Bitcoin has plummeted in the past 2 days creating FOMO, making things worse. But I believe that always putting faith in Bitcoin will soon reach $ 20,000.

If you don't need your money that much it's best to keep it on hold instead of selling it out of panic where you will surely lose your investment. Making decisions is critical as the market sways is unpredictable and can harm your emotions, be aware and make sure to keep your patience and still believes that it can be manageable and there's no need to rush out.

Panic sellings are weak let the weak be picked off when they dump and lets hope they never come back.

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

I don't think we should call it Bull or Bear, because the market is in the process of adjusting prices. Bitcoin increased rapidly in Q2 when it increased from $ 3000 to $ 12000. Having long-term growth causes the Bitcoin price to quadruple in half a year, which makes things move so fast, so price adjustments appear. Price adjustments help the whole market return to its original trajectory.

Yes, it is sorta inbetween isn't it. No clear winner so it is unfair to say.