We exited the bear market earler than expected

[Oasisman]

We exited the bear market earlier than everyone expected.

The prices might only start to surge from here. Many people said that the Korea FUD, the Elon FUD, and the China FUD will kill Bitcoin. But what it actually did was speed up a 3 year bear market into a 3 week bear market.

You called this way too early, as the price continues to bounce around well in bear territory. First responder to your post called it a dead cat bounce and that's exactly what this has proven to be so far, as the tick up was immediately answered with a tick back down, despite some people's efforts to proclaim the bear market over. It's not.

As much as I want to call this a bear market, but at the same time I doubt it's still not unless Btc falls at the $20,000 level or worse.
Let's see and wait what a bear market looks like when whales are dumping, and Elon or MicroStrategy announces that they will sell some of their holdings.
I somehow believe the market is consolidating and won't take long before It bounces back.

[sapnu]

The bear market might seem to have ended already but we should not stop just because of that. Bull market will surely commence once again as long as we are doing things right. Take advantage of the current situation and keep on believing that the market will recover once again. Many people already experienced great regrets as they witnessed the bull run that made it to $60k before so do not commit the same mistake again and start hustlin while there's still time.

[tvplus006]

It is still too early to sum up the results, and while BTC is in the range of 30-40 thousand dollars, it is impossible to accurately predict its further movement. But everyone is positive after the BTC price bounced several times from the 30-31k level and hopes for a further continuation of the bullish run.

[SquallLeonhart]

We exited the bear market earlier than everyone expected.

The prices might only start to surge from here. Many people said that the Korea FUD, the Elon FUD, and the China FUD will kill Bitcoin. But what it actually did was speed up a 3 year bear market into a 3 week bear market.

fud is no longer effective at destroying crypto...

day by day more and more people are getting into crypto especially now that defi is increasingly interested even by ordinary people. Crypto is getting stronger and stronger but fud is just an old, outdated trick.

I agree that this latest drop to 34k from the 40k is not a FUD neither, it is just healthy market movement that will always happen and it's expected. However what is not expected is the fact that DeFi was loved by everyone. It is not like defi was created today, it was there since December 2018 as far as I know and I am 100% sure it was there on 2019 summer because I participated in it, but then what happened? Well in 2020, it went up more and more and more for some reason, no idea why it got that famous.

I suppose the technological improvements was insane and it really got super famous because of how great it is. It means we are talking about something that would be amazing for the regular people but not all the time they would understand it, there are tons of other stuff that would be great but people rarely invest into it, so it was great when it happened this time.

[Silberman]

The bear market happened so very fast that you question if it has truly happened, or saying if it existed recently, would question if it was a lie. Haha.

I’ll post this again. Fudsters and trolls say the market is in “fear” and/or “capitulation”. From this point of view, we are returning to the mean.

You're joking, right?

Do you think we were in despair in those 2 weeks of red?
Despair comes after months of decline when price goes close to the last ATH or to the 300 day MA. We are like half way there at the moment.

What about bitcoin cycles where bear market takes a year or more?

If we go to 25000 from here we're in a bear market.
If we go to 50000 it means this was only a correction in bull market. 

It's this simple!

For newbies without a doubt the despair is real but for people like us that survived the crypto winter that came after the crash at the end of 2017 this is nothing, if bitcoin crashing is a price above 35k then this is not enough to make me even blink, the crash of 2017 was many times worse and the price will need to get to 10k just to resemble it in terms of proportions and since we are so far away from that level there is nothing to worry about it at the moment.

[Argoo]

It is too early to say that we have emerged from a short bear market. The bitcoin price is still jumping a lot. So, when I entered the CoinMarketCap table this morning, the price of bitcoin was $ 34,502, now it is $ 37,030, tomorrow everything can happen again. It is difficult to determine in which direction the bitcoin price will move. It is even possible that at these prices we can get stuck for the whole summer. However, in any case, in the fall, I expect the next period of the bull market with new price records.

[fullhdpixel]

The bear market might seem to have ended already but we should not stop just because of that. Bull market will surely commence once again as long as we are doing things right. Take advantage of the current situation and keep on believing that the market will recover once again. Many people already experienced great regrets as they witnessed the bull run that made it to $60k before so do not commit the same mistake again and start hustlin while there's still time.

I guess are we really "out" of the bear market just yet? We are at 35k for bitcoin, that is not really out, this was started when we were at 40k so the topic made sense but we dropped once again so I am not sure if we are out just yet. This is why I think it is not really that complicated, we should not be focusing on anything that could be dangerous in the future, just focus on purely the good parts of it and then when we talk about that all the time then other people will start to talk about that as well. This is what I think will make the biggest change.

So, I am not going to say "we may not be out of bear market just yet" right now, all I am going to say that even though we are at 35k right now that doesn't change the fact that we will always break our ATH in the future, no matter what the price is the day you look at the price of bitcoin, know that 100% guaranteed one day we will break ATH. Even if we reach 100k and then drop to 20k this year, we will break ATH even further in the future.

[bryant.coleman]

It is too early to say that we have emerged from a short bear market. The bitcoin price is still jumping a lot. So, when I entered the CoinMarketCap table this morning, the price of bitcoin was $ 34,502, now it is $ 37,030, tomorrow everything can happen again. It is difficult to determine in which direction the bitcoin price will move. It is even possible that at these prices we can get stuck for the whole summer. However, in any case, in the fall, I expect the next period of the bull market with new price records.

This time the correction is going to last a few weeks at least, IMO. Last week also we had the prices jumping from $31,000 to $40,000, only to end up again at $33,000. But I don't understand why experienced users are bothered about these fluctuations. Look at the long term picture and check the YoY prices. If you want to compare the exchange rates for May 2021, then compare it with the prices we had in May 2020 (and not with the prices in April 2021). This is the strategy a lot of intelligent traders use in stock market.

[BigBos]

today we are going to take a look at some people saying whether they will actually buy crypto assets or not, because when a lot of cryptos hit new ATH, many people wrote “if only I bought at a low price”, “wow, this could make me rich if I buy at a low price yesterday". and well, now the prices are back on discount, and those guys are getting their chance again. I'm just wondering, when prices go up again, whether they have taken advantage of the current decline or not.

[Taskford]

It is too early to say that we have emerged from a short bear market. The bitcoin price is still jumping a lot. So, when I entered the CoinMarketCap table this morning, the price of bitcoin was $ 34,502, now it is $ 37,030, tomorrow everything can happen again. It is difficult to determine in which direction the bitcoin price will move. It is even possible that at these prices we can get stuck for the whole summer. However, in any case, in the fall, I expect the next period of the bull market with new price records.

This time the correction is going to last a few weeks at least, IMO. Last week also we had the prices jumping from $31,000 to $40,000, only to end up again at $33,000. But I don't understand why experienced users are bothered about these fluctuations. Look at the long term picture and check the YoY prices. If you want to compare the exchange rates for May 2021, then compare it with the prices we had in May 2020 (and not with the prices in April 2021). This is the strategy a lot of intelligent traders use in stock market.

Its normal to get panic if those experience user caught up at high price(ATH) then they are bag holding at the current price. Imagine the level of stress gotten by them so for sure many now are worried since if the price would dump then provably they are losing a huge amount of money at their stash.

Lets just hope that we cannot see more dip from the market at this time.

[goldade]

We exited the bear market earlier than everyone expected.

The prices might only start to surge from here. Many people said that the Korea FUD, the Elon FUD, and the China FUD will kill Bitcoin. But what it actually did was speed up a 3 year bear market into a 3 week bear market.

I wouldn't call the drop in the price of bitcoin a bear market. I would call it a correction. Over the past few weeks before the correction,  there have been tremendous surge in the price of bitcoin. Bitcoin making and breaking new ATHs even within the space of a week. So it's only normal that there's correction such as this.
If we didn't enter the bear market, we definitely didn't exit it. Maybe the correction is over and the price of bitcoin is back on its way up. You, should, however know that no one can accurately predict what will happen.

[Xinarae*]

We started to go down after the bear market exited the expectation than expected but the reason for falling prices is that the market will correct again. With bitcoin ethereum's prices are rising investors must understand that investing money can always be lost thus in order to consider the features of the selected aspect it is necessary to have deep knowledge about the specifics of the work. Also among the disadvantages of investing in the business it should be noted as unequal profits limited control over the situation.

[leea-1334]

today we are going to take a look at some people saying whether they will actually buy crypto assets or not, because when a lot of cryptos hit new ATH, many people wrote “if only I bought at a low price”, “wow, this could make me rich if I buy at a low price yesterday". and well, now the prices are back on discount, and those guys are getting their chance again. I'm just wondering, when prices go up again, whether they have taken advantage of the current decline or not.

First of all,,, I do not think we have exited the bear market (because we did not actually enter it at all. The crash of the past few weeks equalized the sudden rally that was brought on by Elon Musk. We are still not yet out of the bull market guys.

So yes, plenty of people will look back with regret but there is still time to get in.

[Vatimins]

     We cannot  be sure yet because even with the price trading at $38,000 as of this moment, there is a huge chance of it retracing back to lower prices if it doesn't overcome the $40,000 resistance. If this happens, we can go back $34,000ish support and if this doesn't hold we can potentially go back to as low as $29,000-$30,000. Although I cannot be entirely sure about this, this is what I can understand while I watch the candles. So, everyone must still exercise great caution in buying Bitcoin, more so, in buying alternative coins. Good luck everyone!

[Karartma1]

I'd wait a bit more to call the bear market finished, also because if Doge pumps so hard amid coinbase listing there's still some crazyness around.
Talking bitcoin, which is hovering below 40K I guess it's really about time to see what's next but I expect a slow summer, no more than 45K for a top.

[SquallLeonhart]

I wouldn't call the drop in the price of bitcoin a bear market. I would call it a correction. Over the past few weeks before the correction,  there have been tremendous surge in the price of bitcoin. Bitcoin making and breaking new ATHs even within the space of a week. So it's only normal that there's correction such as this.
If we didn't enter the bear market, we definitely didn't exit it. Maybe the correction is over and the price of bitcoin is back on its way up. You, should, however know that no one can accurately predict what will happen.

A correction would be about 20%, even a 30% could be a good correction if it was decently recovered afterwards. However we moved from the peak of 64k to eventually at a 30k price which is definitely not something that I would be willing to call a correction, that is more than a 50% drop, that is about 55% drop and that is called a bear market in my mind.

I understand that we went up a bit but it is not enough, we need to be over 40k+ and then stay there for a while as well for it to be a correction. However there is really nothing wrong with being in the bear market neither it is fine and I understand how good it can be for people who would be willing to buy during this period because it would allow you to make a x2 easier this way and that is why I think bear market is not as bad as people make it out to be. We do not have to deny existence of bear market, we need to embrace it.

[mindrust]

What makes you think that we exited the bear market? There is absolutely no sign of that happening imo. Bitcoin can still crash another 50% from here and nobody would be surprised. Don't listen to the OP and make big purchases right anyway. It is a big gamble to buy right now. Remember the earlier bear markets, bitcoin always crashes around 80% from its ATH. I wouldn't get in before a mega crash like that happens.

[sportclub2010]

I can't say for sure whether we got out of the bear market or not, but I can say with certainty that people believe that Bitcoin will grow. Otherwise, they would not buy it now and the price would fall further.

[Silberman]

today we are going to take a look at some people saying whether they will actually buy crypto assets or not, because when a lot of cryptos hit new ATH, many people wrote “if only I bought at a low price”, “wow, this could make me rich if I buy at a low price yesterday". and well, now the prices are back on discount, and those guys are getting their chance again. I'm just wondering, when prices go up again, whether they have taken advantage of the current decline or not.

First of all,,, I do not think we have exited the bear market (because we did not actually enter it at all. The crash of the past few weeks equalized the sudden rally that was brought on by Elon Musk. We are still not yet out of the bull market guys.

So yes, plenty of people will look back with regret but there is still time to get in.

I agree, people jump to conclusions too quickly these days, how can we be out of a bear market when we are not even out of the bull market to begin with? And even if the months that follow prove that we are not in a bull market anymore this is not going to prove that we are in a bear market already as we could be in one of the many moments in which the price of bitcoin just stagnates and does not do anything for months or even years until the next bull market comes.

[titular]

We exited the bear market earlier than everyone expected.

The prices might only start to surge from here. Many people said that the Korea FUD, the Elon FUD, and the China FUD will kill Bitcoin. But what it actually did was speed up a 3 year bear market into a 3 week bear market.

This is a bit premature