We exited the bear market earler than expected

[AicecreaME]

I think we haven't entered the bear market yet. What happened a few weeks ago was just a normal scenario in the cryptocurrency world. It has a volatile nature that's why we should expect a sudden value hike or decline every time. The prices bounce back anyway after several days or weeks. You just need to have long patience to minimize your losses. After all, it is just a paper loss not until you already sold it at a lower price than how much you bought it.

If ever we'll enter the bearish market soon, it will be a great opportunity to buy those coins that show potential to have a price surge when the market recovers and enters the bullish market. You see, the majority are smart during the bull market because it is the pumping season. However, only the real geniuses come out when bearish market season enters.

[zanezane]

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.

I would give about a week of stable and green prices in the market before saying that we have got out of bear market but that is pretty subjective because there are people who bought in 50k and they will think that we are still on the bear market compared to a guy who bought when the prices dipped to 30k.

[leea-1334]

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.

Right? When prices are still almost 2x ATH for BTC and more than 2x ATH for ETH,,, how can we say we are in a bear market. New defi pools popping up every day, new IDOs launching left and right.

This is so much similar to 2017 that we cannot ignore it. Bear market coming yes,,, but it is NOT here yet:)

[jaberwock]

I think we haven't entered the bear market yet. What happened a few weeks ago was just a normal scenario in the cryptocurrency world. It has a volatile nature that's why we should expect a sudden value hike or decline every time. The prices bounce back anyway after several days or weeks. You just need to have long patience to minimize your losses. After all, it is just a paper loss not until you already sold it at a lower price than how much you bought it.

If ever we'll enter the bearish market soon, it will be a great opportunity to buy those coins that show potential to have a price surge when the market recovers and enters the bullish market. You see, the majority are smart during the bull market because it is the pumping season. However, only the real geniuses come out when bearish market season enters.

I do not think that it was "normal" market moves, it dropped over 50%, how could you say that it is normal to drop over 50%+ I mean that is a huge drop that is only acceptable as a huge crash and nothing more.

We do not have to make it seem normal neither, just buy more and wait, market does drop and crash which is understandable but it is not normal, what is normal is about 5% or at most 10% changes a day, those are totally expected but anything more than that is a very volatile day and when you have something as much as 50% drop that is a huge crash, it is definitely a bear market without a doubt and we are still in it even with the increases because we were over 50k and now we are barely trying to go over 40k and stay there, that is a huge drop that haven't been recovered. There were times during the past year where we dropped and then recovered but this is not one of those days.

[awik p]

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.

I would give about a week of stable and green prices in the market before saying that we have got out of bear market but that is pretty subjective because there are people who bought in 50k and they will think that we are still on the bear market compared to a guy who bought when the prices dipped to 30k.

I think it depends on the plan of the trader himself in taking the risk and rewards. There are people who buy when it's $50k, but they only use part of their capital, and when it's $30k they buy back. he sees that the trend is still bullish, so he buys at every support he believes in, and because this decline is considered only a market correction

[Wind_FURY]

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

It might be, but from an investing standpoint, we should be considering the crash as a gift! How many of you said you wished you could buy Bitcoin priced at $30,000 while it was priced at $60,000? Raise your hands.

[SacriFries11]

We may not have even entered the bear . Remember it was not natural that price deeped. Elon musk was really in the busines and that was a major reason for the dive down and if not that, maybe price could still be around above $55k. So maybe we can say correction and the bear isn't triggered yet or may not even trigger anything below.

I think we need this deep in order for the price to bounce back even greater. It’s like preparing for the next bullish market that will break the all-time highs. Altcoins will surely follow that trend and create the next altcoin season. I think it’s a short bear market due to some bad news and unwanted regulations that affects the price of the cryptocurrency. As you can see now, we’re in the track going back to $55k and I’m sure it takes time before we reach another all-time high. 

[todiefor17]

The bull market has been going on for months and we've only seen the market stops growing for a few weeks. It is difficult to conclude what phase the market is in. As long as Bitcoin remains in the $30k to $40k range, there is still a question mark for traders and holders. I hope the end of the bull market doesn't come so soon.

[Silberman]

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.

Right? When prices are still almost 2x ATH for BTC and more than 2x ATH for ETH,,, how can we say we are in a bear market. New defi pools popping up every day, new IDOs launching left and right.

This is so much similar to 2017 that we cannot ignore it. Bear market coming yes,,, but it is NOT here yet:)

Most likely the ones that are saying that are complete newbies that until now probably never faced any adversity in this market, bitcoin has the tendency to spoil people and even if it may seem as if the price will always go up we know this is impossible and that is when a correction happens, however this is not only a great opportunity for those that know what is up to buy cheaper coins, this will also improve our chances for the bull market to continue as weak hands are leaving the market and selling their coins to strong hands.

[kpierce77]

We may not have even entered the bear . Remember it was not natural that price deeped. Elon musk was really in the busines and that was a major reason for the dive down and if not that, maybe price could still be around above $55k. So maybe we can say correction and the bear isn't triggered yet or may not even trigger anything below.

I think we need this deep in order for the price to bounce back even greater. It’s like preparing for the next bullish market that will break the all-time highs. Altcoins will surely follow that trend and create the next altcoin season. I think it’s a short bear market due to some bad news and unwanted regulations that affects the price of the cryptocurrency. As you can see now, we’re in the track going back to $55k and I’m sure it takes time before we reach another all-time high. 

I believe that if bitcoin is able to survive the $30k price level, then bitcoin will again find its way to bounce back to higher price levels. regardless of what Elon has done the last few weeks, I believe the bullishness this time is quite different, and maybe the market cycle has started by now

[nurilham]

Is this sure that now is the starting of the bear season? But, I am pretty sure that this is not the end of the bullish season. There may be still a chance for this year to have the bullrun like in Q4. Well, let's see.

And you are right. So many FUD is spreading around the world about cryptocurrency. Moreover about BTC. Bad news comes from big countries like the US and also China that make the Bitcoin price dropped very drastic a few weeks ago. Ad additionally tweets by Elon that always make the crypto market not clear enough.

[perfect999]

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.

Well I can’t tell you for sure whether we entered the bear market or not. There are still lots of people these days who don’t want to believe that we are in the bearish market times, some of them are still making predictions that we are going to get to a price that is above hundred thousand dollars and some are still predicting higher prices than that.

I do know that it is quite possible, especially when whales gets involved, because they are able to pump in huge amounts of money that will make the price to start increasing again. Anyone who has invested and lost money, it’s best to keep on with the Hodl and wait for the price to increase.

[Wind_FURY]

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.

Well I can’t tell you for sure whether we entered the bear market or not. There are still lots of people these days who don’t want to believe that we are in the bearish market times, some of them are still making predictions that we are going to get to a price that is above hundred thousand dollars and some are still predicting higher prices than that.

I do know that it is quite possible, especially when whales gets involved, because they are able to pump in huge amounts of money that will make the price to start increasing again. Anyone who has invested and lost money, it’s best to keep on with the Hodl and wait for the price to increase.

Because that “bear market” came very fast, you question if it truly came! Hahaha. To tell you the truth I was half-joking when I started the topic, BUT if the price fell slowly from $60,000 to $30,000 in more than 1 year instead of a mere 3 to4 weeks, everyone would surely be saying it’s a bear market. It’s a matter of perspective. Zoom out and look at Bitcoin’s trajectory for 10 years. Is that a “bull” or “bear” market?

[evilgreed]

               Well, it seems like you have made a claim such as "exiting the bear market" earlier than expected, lol. But hey, to your aid, no one would've expected Elon Musk to mess things up in this industry again and thay after all thay has hapoened with dogecoin, there are still people gullible enough to believe all the crap that Elon Musk tweets. Right now, I even think that we haven't seen the bottom yet, so you better be careful with your investments because I think this week will be bloody.

[Wind_FURY]

              Well, it seems like you have made a claim such as "exiting the bear market" earlier than expected, lol. But hey, to your aid, no one would've expected Elon Musk to mess things up in this industry again and thay after all thay has hapoened with dogecoin, there are still people gullible enough to believe all the crap that Elon Musk tweets. Right now, I even think that we haven't seen the bottom yet,

Well, it seems like YOU have made the claim that “we haven’t seen the bottom yet”. Did you sell with the hopium that you might buy lower? I believe many are also waiting, including me, but I didn’t sell, I SAVED a portion of my salary to buy the dip. Everyone should do it too.

so you better be careful with your investments because I think this week will be bloody.

Then make it bloody.

[Argoo]

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.

For today, bitcoin has grown in price by more than four thousand dollars, and with it all other cryptocurrencies immediately turned green. Moreover, both bitcoin and many top cryptocurrencies have increased in price by more than 20 percent over the past week. However, even with such a large increase, it is still difficult to say whether we got out of that bear market or a long period of correction after the general decline in the cryptocurrency market in May. Great things are seen at a distance. Therefore, we need to observe the market for some time and only then draw our conclusions on this issue.

[CryptocurencyKing]

Apparently, this is the first bearish market I'm experiencing ever since I got interested in bitcoin and registered an account on the forum. For sure  it was overwhelming indeed and was already taking too long even with the level of recognition bitcoin has got. I even didn't expect it to last the long but it did and to some extent it's good for the market.

Investors stepping in and some good news like bitcoin  being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin  is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.

[imstillthebest]

maybe the bear ended up early but i think days and weeks later the price was down again  yet that didnt last long either because in this day the market is recovering back.
community have gotten big and the support for btc got stronger too because it was now easy for its value to recover wherever it goes down . no fuds can penetrate that but there would still be other threats to btc that are serious .

[Wong Gendheng]

It certainly seems so, I thought there would be a bigger dip, but the prices kinda started to pump up again lmao, well, for good I guess, I have bought a couple of crypto during the dip so I wouldn't regret later I thought, was planning to buy more after it falls a bit more , but that didn't happen (luckily or unluckily) I guess, it was/is a fun ride nonetheless.

Seeing the current bitcoin trend makes me optimistic that the price will skyrocket again soon, yesterday the price reached $38500 and I'm optimistic that it will soon pass the record high of $62k, continue to buy when the current low price is what I recommend.

[Gozie51]

Apparently, this is the first bearish market I'm experiencing ever since I got interested in bitcoin and registered an account on the forum. For sure  it was overwhelming indeed and was already taking too long even with the level of recognition bitcoin has got. I even didn't expect it to last the long but it did and to some extent it's good for the market.

Investors stepping in and some good news like bitcoin  being adopted by El-Salvador could be some of the reasons for potential investors to see reasons why they should reinvest or invest in the market. Though, we can't completely say bitcoin  is back towards a bullish direction. For all we know, it could be a pump for whales to take profit.

You sure have not met a bear yet and maybe hopefully this may register as the only long lasting bear you or we may see henceforth. You didn't witness the most talked about bear that started from 2017 December ending to around February, 2020. That was the bear that price fell from $20,000 to below $4,000. That bear saw many investors being trapped at the top and many sold off at loss because it took longer to revert, many lost hope hodling. For now, we may not see such bloody kind of bear because of the activities and news of adoption going on around bitcoin.