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Author Topic: if the bear market starts next month  (Read 2646 times)
sayaya17
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March 01, 2021, 11:11:44 PM
 #101

Maybe I don't think this month bitcoin will fall below $20k, maybe it's too far from the current price, although bitcoin is currently correcting and sideways.
It seems too soon to say that bitcoin will drop this month below $20k. But if that happens there will  certainly be a lot of  weak altcoins,  perhaps altcoins
that are at the lowest order in cmc. We have to be on guard for any eventuality that's going to happen.

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March 01, 2021, 11:54:48 PM
 #102

IIRC, the previous bull run which started last 2017, it happened in the last quarter of the year and lasted until the first quarter of the next year, so that's at least 6 months of bullish run but in the next year the market is not so bullish compared to the previous year so probably since we already in the last month of the first quarter, maybe the price will not be a bullish and correction will start, that's based on my personal analysis also and I could be wrong.
I do not remember how many months each bull run lasted in the past rallies but if your calculation is true then we might be at the end of this rally in a couple of months but we cannot predict exactly the market situation because the adoption rate is increasing with the passing years and we have to assume that the first two rallies were by small time investors but now there are billions invested during this rally and the correction has to do with when these big investors will book their profit.
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March 01, 2021, 11:59:31 PM
 #103

I do not remember how many months each bull run lasted in the past rallies but if your calculation is true then we might be at the end of this rally in a couple of months but we cannot predict exactly the market situation because the adoption rate is increasing with the passing years and we have to assume that the first two rallies were by small time investors but now there are billions invested during this rally and the correction has to do with when these big investors will book their profit.
We cannot say that the first two rallies did not have any help from billionaires, there were huge investors who invested millions in the market and so was the reason the market started rallying the first time and then the last rally too we had huge investment from financial firms but those were not public knowledge but now investing in bitcoin is not a taboo anymore and hence you will hear many companies accept investing in bitcoin.
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March 02, 2021, 12:00:05 AM
 #104

Maybe I don't think this month bitcoin will fall below $20k, maybe it's too far from the current price, although bitcoin is currently correcting and sideways.
It seems too soon to say that bitcoin will drop this month below $20k. But if that happens there will  certainly be a lot of  weak altcoins,  perhaps altcoins
that are at the lowest order in cmc. We have to be on guard for any eventuality that's going to happen.

on the other hand, BTC is going up now. dont think that we will talk about going down to 20k here this month. seems far fetched imo. as we are reading news of companies adding more BTC in their stash. like MicroStrategy hits again, buying worth of $15M of BTC more adding to their BTC holdings 
so am not seeing bear market here. but maybe, just typical up and down movement. which is very normal in any type of market.

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March 02, 2021, 12:42:32 AM
 #105

I'm not sure there will be a bear market next month, because a few days ago all the altcoins were corrected. And now it is slowly starting to rise
little by little as the Bitcoin price begins to recover. So in my opinion there will be no bear market next month, but because of the volatile crypto
price your fear might just happen. If Bitcoin ends up falling to a price of $ 20k, I'm sure the top 100 altcoins will still survive. It is true that Ethereum
as the best altcoins will definitely survive and it will recover quickly. As for Ripple, we shouldn't underestimate it, even though Ripple is currently
still in trouble with the SEC. I believe the Ripple community is quite large and very solid, so I believe Ripple will also survive if there is a bear market
next month.

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March 02, 2021, 12:46:51 AM
 #106

I think for now it is still difficult to determine the price of bitcoin for the next month because currently the movement in the market is very aggressive, of course this is a danger if we do not take into account the timing of buying or selling.

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March 02, 2021, 12:49:48 AM
 #107

In fact, it is not true that the bear market happens this month. Just check the market, it is green, seems what people worry about the bearish to be wrong. The price move at the beginning of the month has a big role to determine what is the trend to happen in a whole of the month. Since it is green, I am sure if this month won't be the time for bearish, instead the price continues to grow again. I suspect those people just try spreading FUDs to collect more coins at a cheap price before altcoin season.
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March 02, 2021, 12:35:37 PM
 #108

although this possibility is low and probably won't happen. but I want to ask you. if the bear market starts next month, and bitcoin falls below 20k. which altcoins were still able to survive and which altcoins are feeling the big impact of the bear trend.

we exclude stablecoins, because after all the market situation this coin will definitely be stable.

so I think Ethereum can still survive and that Ripple will be one of the biggest impact altcoins during the bear market.
The market is recovering from the dip now. Bitcoin dropped to $43k, Ethereum to $1400. Also, XRP dropped around 20-30%. If it is a bear market then every crypto will be affected. There are some cryptos that move oppositely with the market, besides them, every crypto will go down.

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March 02, 2021, 01:57:18 PM
 #109

I have checked the charts and from the looks of it, we are still seeing good performance from Bitcoin and the top alts. So it is good to say that we are not yet on a bear period and we all not need to worry for the meantime. But of course, with all the good would always come the bad and the bear. The bear period will come and we must be ready for it. Ready to hold a little more and then use our previous bulls' profits to buy more in the bear period.

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March 02, 2021, 02:10:08 PM
 #110

those to gives consequence as the price with the token to dropped with the lower level as might new investors lose of confidence with chance of involvment with the business on crypto finance, that the better is to wait until price is rise again to gains with the drawing of volatility with the market.

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March 03, 2021, 09:16:29 AM
 #111

bitcoin going to the 20k region means many alts would really be dead. all will be affected to the toe. personally i dont see any strong coin that can withstand the dip effect but the rate of recovery is what will be important. its best to know coins that would recover quickly after a dip.
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March 03, 2021, 09:43:29 AM
 #112

for me always repare for the worst, dont just put all your money in 1 basket and im always steady a fresh money so when bear come i will buy the dip so that we can fight the bear
but i think its only a correction bitcoin can still in bull way
with lot of good news come i believe sooner we will see next all time high

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March 03, 2021, 10:02:42 AM
 #113

although this possibility is low and probably won't happen. but I want to ask you. if the bear market starts next month, and bitcoin falls below 20k. which altcoins were still able to survive and which altcoins are feeling the big impact of the bear trend.
Everything can happen in cryptocurrency. So we have to be ready all the time. If bitcoin falls below 20k i think ETH, BNB are still able to survive and BCH is feeling the big impact of the bear trend.
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March 03, 2021, 10:11:43 AM
 #114

I agree that it’s very unlikely we will see a bearmarket so soon. But when it will come a lot or maybe all DeFi projects will fail. Top 10’s will be impacted in price, but I guess 90% of them will survive the bearmarket.

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March 03, 2021, 11:14:12 AM
 #115

If indeed a bear market occurs in the next month, I have the opinion that BNB will still endure this situation. this is just an opinion only, about the truth we still do not know for sure

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March 03, 2021, 11:49:30 AM
 #116

The bear market has to accept all the conditions but it is not known what will happen next month, but since the beginning of this month the prices of currencies have started rising the value of ethereum has increased a lot with bitcoin. Coming up next month the amount of currencies may increase even more.

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Sebas.tian
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March 03, 2021, 11:52:59 AM
 #117

You mean if bear market start now what will be my decision? I will still stand with bitcoin because what is happening right now to the price of bitcoin is a something that normally happened to bitcoin and altcoin every  month of March. As long I really believe on my research, even though bitcoin price fall more than $20k it will not last more than month before it will increase higher.
The only way I cannot stand with the bear market is when  the price of bitcoin reduced to $20k and altcoin is reduced $15k,  that show that bitcoin investment is still more preferable than altcoin.

avarnet
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March 03, 2021, 12:53:31 PM
 #118

If the chart pattern is the same as in 2017 I think Q2 in 2021 will be the beginning of a bearish trend but many people believe that the Bullish trend is still quite strong during this 1 year. As a history of 2017, I will see market analysis as a reference because there are many news that are confusing people's sentiments for now. Moreover, we have not seen the price of bitcoin has decreased
nicecrypto
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March 03, 2021, 01:59:59 PM
 #119

In fact, it is not true that the bear market happens this month. Just check the market, it is green, seems what people worry about the bearish to be wrong. The price move at the beginning of the month has a big role to determine what is the trend to happen in a whole of the month. Since it is green, I am sure if this month won't be the time for bearish, instead the price continues to grow again. I suspect those people just try spreading FUDs to collect more coins at a cheap price before altcoin season.


I don't think it is that easy to just conclude based on how the market started in the beginning of the month determines how the rest of the month will be like. Crypto market is a very volatile thing and can change any time even with all the TA, we still see a different out come some times.   
molsewid
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March 03, 2021, 02:37:39 PM
 #120

all not need to worry for the meantime. But of course, with all the good would always come the bad and the bear. The bear period will come and we must be ready for it. Ready to hold a little more and then use our previous bulls' profits to buy more in the bear period.

So far the bear market was not yet coming, and no signs that can be seen which may tell us that it would happen anytime soon. What happen to bitcoin about last week was just a price correction and i do expect that price correction may take place even in the highest point of high price of bitcoin and this was a great opportunity to take advantage to buy it if you can afford. So far, a green arrow were there indicating a good market ahead. And i guess if a bear market were happening the top altcoins may follow.
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