This time when bear market comes

[btc78]

Well, right now I think we are in a bear market. however, the current condition is still better than in 2017/2018. well, at least, the bitcoin price is still above $30k. however, I still hope there will be a follow-up pump. it's too fast for bitcoin to drop too far. in addition, it also affects the price movement of altcoins.

Bitcoin pumped high and most alts traders expect that afterwards the alt market will also experienced the same high,

But it didn't materialize those old alts experienced small pumped then now again fall, unable to reach the last time high, aside from ETH and BNB who really move along with Bitcoin also breaking new time high and give huge benefits to those who managed to bought when the market was really down last year.

BNB is really growing and I think it will grow, Binance is developing its coin perfectly

And with the coming Burning of coins ? indeed this will be the sign of continues progress as Binance is continuously burning coins that counts as millions already since the beginning of burning.
Ideally Binance  is one of the most promising exchange ever created , with their hands always there to help people and with them having multiple updates?
no wonder this will beat the top exchange in crypto world soone.
And also lets take advantage of the bear market once comes, we must purchase what amount we can afford to lose to help the maintaining and increasing .

[Helpme_please]

Well, right now I think we are in a bear market.

I don't think so. If it is bearish, there is no chance for crypto coins to increase again in the next few months. But right now, we can see that many people still believe that crypto coin prices to increase again in the next few months. We also must consider that Bitcoin price still tries to increase again, this is not the sign of a bearish market. If the Bitcoin price can break the resistance ($40k), the uptrend probably comes back again.

but we should realize market still underpressure now , bearish still controll the market trend . Even previous high in daily chart could not break $35k yesterday and current price aroud $32k . We must accept the fact this trend will last for long time and we move only in small range.

[terciduk123]

but we should realize market still underpressure now , bearish still controll the market trend . Even previous high in daily chart could not break $35k yesterday and current price aroud $32k . We must accept the fact this trend will last for long time and we move only in small range.

I think we are currently only in a temporary bearish trend. The Chinese government's ban on crypto and everything related to it, and misunderstandings about unlocking GBTC were part of the cause of Bitcoin's decline.

[BitTraderCute]

but we should realize market still underpressure now , bearish still controll the market trend . Even previous high in daily chart could not break $35k yesterday and current price aroud $32k . We must accept the fact this trend will last for long time and we move only in small range.

I think we are currently only in a temporary bearish trend. The Chinese government's ban on crypto and everything related to it, and misunderstandings about unlocking GBTC were part of the cause of Bitcoin's decline.

the hottest issue now was GBTC unlocking which is around 16,240 bitcoin will unlocking in this 18th july. This is amount was very huge if all of them sold , and now market give negative respon by start selling their assets before its plummed deeper. This quarter will be very hard for cryptocurrency market, market sentiment still not going better yet but bad newsr regularly released.

[DU18]

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

Currently global sentiment towards Bitcoin continues to depress cryptocurrency prices and will likely last longer than ever before, especially since the Chinese government has continuously banned its citizens and the global community from using and investing in bitcoin.
 I'm a little unsure if the bear market will end within 3 months and I think now the market may be going downhill again after some bans from several countries now, recently the Thai Securities and Exchange Commission (SEC) , also issued a new regulation that prohibits the transactions of several digital currencies including those based on NFT.

right, right now we just need some big good news to be able to push the bitcoin price back on the bull track, but we should be able to take the opportunity that happened today to buy bitcoin at a cheap price and of course if later the bitcoin price will go up of course we will be able to get a little profit from what we have invested, even so I personally really believe that the bitcoin price will rise again even with a long time and I personally will remain patient and keep the asset until the bitcoin price goes up high again.

[tabas]

yes, the current conditions are quite different from last 2018, because in my opinion in 2018 people still didn't know much about the world of crypto or bitcoin, but now after the bulls are going on in the market, crypto is the subject of conversation everywhere, I think there will be a time later crypto will rise again

It will go back to the all time high that we've seen and more than that. I guess we're now having the bear market due to some reasons like everyone stops by when they see the market didn't do well.
And that's very the same as the others when they start to see the market drops too much, there won't be any discouragement anymore and that stops them from buying more.

[seleme]

yes, the current conditions are quite different from last 2018, because in my opinion in 2018 people still didn't know much about the world of crypto or bitcoin, but now after the bulls are going on in the market, crypto is the subject of conversation everywhere, I think there will be a time later crypto will rise again

There is a huge difference between 2018 and this year, but no doubt it will change soon or late, however it seems the bull run will not come so early as expected, it will take a bit long time. We can collect some projects which have really potential till the right day. That is right cryptocurrencies are more popular right now compared to other years. But that doesn't mean everybody just knows about the crypto world, l believe that there are still some people who have not heard anything about this world.

[dimonstration]

yes, the current conditions are quite different from last 2018, because in my opinion in 2018 people still didn't know much about the world of crypto or bitcoin, but now after the bulls are going on in the market, crypto is the subject of conversation everywhere, I think there will be a time later crypto will rise again

There is a huge difference between 2018 and this year, but no doubt it will change soon or late, however it seems the bull run will not come so early as expected, it will take a bit long time. We can collect some projects which have really potential till the right day. That is right cryptocurrencies are more popular right now compared to other years. But that doesn't mean everybody just knows about the crypto world, l believe that there are still some people who have not heard anything about this world.

There is still more room for adoption. The market as well the number of project make each day or month keeps on coming. We're still on bear market but we can take this opportunity to study some coins buy and see how they perform. Now there are new projects who have some potential we need to risk a little while waiting for the market to recovers.

[MoneyJ]

In crypto history bear market takes a longer period to hover . Assets are either going south or side ways. For accumulations, this is a slow but nice strategy to bag some . More or less it will take years so be patient . Crypto bull will be there but not as often.

[LUCKMCFLY]

There are a few predictions where the bearish ones are considered winners, although this market for now is in a bearish direction it is not the correct long-term trend unless it is a re-accumulation, therefore BCH has had a quite appropriate outcome. To the situation, for now it is very bearish, but BCH has a certain model that is about to explode in terms of market speculation:

a weak bounce off $370 will suggest that buyers are still not convinced that the pair has bottomed out. That could increase the possibility of a break below $370. If that happens, the LTC/USDT pair could drop to $330.

Source: https://cointelegraph.com/news/price-analysis-7-19-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

The trend of BCH is being bearish, but if it reaches 330USD in this market it would be best to buy because it is likely that when BTC rises, this coin will have a great bullish turn, at least if we are based on the fact that it is best to buy cheap and sell high.

This is what bearish markets can generate, opportunities.

[sergiorus]

i don't get why people still say it is different from 2018
same pattern of btc topping and then eth topping ~1 month later
there are some minor differencies but overall the pattern of joining the bear market was more or less clear

[rhodelmabanal]

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

You almost got it mate, I think we are about to enter the bear market almost 3 months before you posted the topic. There are so many speculation that the bitcoin will reach new ATH before year end I think this will not come true maybe we are now about to drop to 25k$ because bitcoin now touches 29k$ so bear market is now slowly taking place in crypto market.

[carlfebz2]

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

You almost got it mate, I think we are about to enter the bear market almost 3 months before you posted the topic. There are so many speculation that the bitcoin will reach new ATH before year end I think this will not come true maybe we are now about to drop to 25k$ because bitcoin now touches 29k$ so bear market is now slowly taking place in crypto market.

Some people never anticipated this because on the time where bitcoin did really able to hit that 60k+ ATH then lots had been hyped up and believing that it could reach out $100k
in no time which this isnt the case that did happen but rather goes the opposite.

Actually i had already anticipated for this thing to happen because ive been here on this market for 6 years and i have seen lots of similar situations to this which
i did make myself numb when it comes to unexpected events on this market.

Bear market is inevitable and i do have a feeling that it is already starting.

[Hypnosis00]

i don't get why people still say it is different from 2018
same pattern of btc topping and then eth topping ~1 month later
there are some minor differencies but overall the pattern of joining the bear market was more or less clear

I'd never see the pattern that could say we are the same as what happens last 2018. Just look into the price and we are totally different from the previous years and that could possibly be different from the pattern it showed.

We can certainly have these bear and bull seasons, and since we have done with the bullish season, it is time for us to prepare for another year in bearish. I believe this was not a big surprise to all of us but I don't think if the majority is also prepared for this coz I could see that mostly our mindset is focusing on the next ATH, in fact, some say it happens before the end of the year.

[bitkanu]

i don't get why people still say it is different from 2018

It caused by the valuation was totally different. People are seeing these days bitcoin much more stronger than before and that's why they were still believing if bitcoin could reverse the trend back to the bullish trend again.
When people can see the old pattern and they will get a clue about what's happening right now.
The only problem if some people may not believe with it. They are still thinking that if the chart was different.

[speedforce]

This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

Its already 2 months and the market keep drowning, people said its accumulating phase, but too much fear for me at the moment.
My portfolio are really bad to seen, i didnt have any plan to averaging down my portfolio since have no much money to entry, the only option is only hold and stake it 

[tabas]

Its already 2 months and the market keep drowning, people said its accumulating phase, but too much fear for me at the moment.
My portfolio are really bad to seen, i didnt have any plan to averaging down my portfolio since have no much money to entry, the only option is only hold and stake it 

Not keep drowning. It's a correction since the market reached the high that we've never expected. And you know what, the market is still up if we compare it to the last years that we've been especially the bearish market.
If it's about all time-high, it's up from the last 2017 before it goes to the bear market of 2018.

[peter0425]

What I call a bear market is when I see the price of an asset crashing down to half of what it used to be its price, so at this moment we are already in a bear market most especially the bitcoin market is in a bear market right now. Maybe in the next 3 months, we will be out of the bear market to a bull market, but am uncertain when that will happen.

if that is your belief meaning we are in bear market now? bitcoin and Ethereum had drop the price more than half ?

We have different looks on How bear market will be consider.

And for me? that is when the price before the Bull comes goes back  meaning the price in September 2020 will be the indication that we entered Bear market.

[tabas]

Its already 2 months and the market keep drowning, people said its accumulating phase, but too much fear for me at the moment.
My portfolio are really bad to seen, i didnt have any plan to averaging down my portfolio since have no much money to entry, the only option is only hold and stake it 

Not keep drowning. It's a correction since the market reached the high that we've never expected. And you know what, the market is still up if we compare it to the last years that we've been especially the bearish market.
If it's about all time-high, it's up from the last 2017 before it goes to the bear market of 2018.

Good comparison, better to aim for long instead of worrying about your investment, we are in this correction stage where the market
are trying to re-established.

More investors who gained from the last time high are still observing and trying to work out with how they'll going to take advantage agin,
don't worry that much as this market will rise again and bring good amount of benefits.

People are forgetting that it's just a year that we've been down and then the bull run comes and it had a correction. But after the correction, we're still seeing some good prices and they don't appreciate what has happened. As for the investors who took profit, they don't have anything to worry and has been enjoying the run and there's now a budget if there's another correction to come.

[KeikoKitagawa18]

This time, when the bear market arrives, it is hoped that all investors and traders will be patient and not panic, and remember the most important thing, never ever sell your assets in bear market.

The bear market teaches everyone to be patient, especially if there are people whose professions are active traders, automatically patience must be large, but for now the market has given the green light to become a bull again in the near future

Agree patience is the key, when we put money on crypto especially if we put our money in top coins then we should be patience enough to wait for our investment to rise. 2018 is the best lesson for me to not sell very fast in crypto market.