What is your opinion on recent bull market, will it be over soon?

[Rimueng]

The current situation of the crypto market has shown a bullish return, the price of bitcoin is approaching the important market and psychological levels. The price of BTC has been rising since a few days ago where it has touched the level of $58k, this will be the beginning of a very strong new move that could renew the price indicator record in the next year. Therefore, we will find out what surprises to expect from cryptocurrencies from the end of this year to the beginning of next year, and we expect new record prices from the crypto market leaders.

[1715590109]

1715590109

[1715590109]

1715590109

[1715590109]

1715590109

[1715590109]

1715590109

[1715590109]

1715590109

[Falconer]

I think the massive correction of Bitcoin price is over since the end of last september and now bitcoin has been on the rise since the beginning of October to date. However, of course the big question is how long this trend of rising prices will continue. Speculation about the period of this bullish market trend continues to emerge, especially since Bitcoin is now a regular news item in the mainstream media.

Yes, listen to this. The current good price trend is expected to last throughout December and fuel the market for bulls until early January 2022. Bitcoin is very popular in 2021 simply because of its market cap and the price per coin has passed the price of 1 kg of gold and has become a natural thing to report in the market. mainstream media, this is the highest price in its history and we should not forget that in the past the price of $69K was not on people's minds.

But what makes the price of Bitcoin go up and down? Is this just endless good and bad news, or are there other indicators that can accurately predict future price movements and declines?

Good news and bad news can affect supply and demand, this is the reason why price volatility occurs. I'm not talking about the possibility of a whale game, but if we can be in a bull market then we can also be in a bear market at any time. To predict price you can use TA and FA, this can help you in making decision. I'm sure none of that is accurate, but you and the others might come close. The best accuracy is luck, so even if you have analyzed with various indicators, you also need luck.

[dunfida]

The current situation of the crypto market has shown a bullish return, the price of bitcoin is approaching the important market and psychological levels. The price of BTC has been rising since a few days ago where it has touched the level of $58k, this will be the beginning of a very strong new move that could renew the price indicator record in the next year. Therefore, we will find out what surprises to expect from cryptocurrencies from the end of this year to the beginning of next year, and we expect new record prices from the crypto market leaders.

Trend could really changed in a snap thats why im not really that much confident whenever bitcoin or the entire market does have some good bullish run

because anytime it could really be having that u turn which would might result into frustration when you do hope that much or being too optimistic

which its not really bad to consider out on making wise moves and plans whatever trend you would able to engage on.

[palle11]

IMHO, I believe thats the reality, it has no permanent situation in this world everything has changed, including the crypto market. Actually, we are in the transition period now, and maybe in the last quarter of the year 2021 we can see and experience it, as the bearish trend has been seen in all angles, But it's not the first time we experience it because in 2018 the longest crypto winter in the history was the worst one so just believe the crypto industry will survive through the test of time.

This time bear may not come out like it did in 2018 and 2019. There are different positive information and news that has happened around cryptocurrency and bitcoin from last year to 2021 and these are going to influence the inflow of liquidity in crypto market. The use in bitcoin is well on the increase and this has got some platform to open acceptance of bitcoin like PayPal and other institutions like Amazon planning adoption . This will  further widen the reach of cryptocreency so bear may not be as expected until the second quarter of next year when the increase is expected again.

[rahmatrf331]

The current situation of the crypto market has shown a bullish return, the price of bitcoin is approaching the important market and psychological levels. The price of BTC has been rising since a few days ago where it has touched the level of $58k, this will be the beginning of a very strong new move that could renew the price indicator record in the next year. Therefore, we will find out what surprises to expect from cryptocurrencies from the end of this year to the beginning of next year, and we expect new record prices from the crypto market leaders.

bitcoin price is fluctuating like people are climbing some mountains and it is happening. seems to be doing a strong warm-up to be able to penetrate the new ATH price this December. the opportunity to buy bitcoin price correction is almost gone and bitcoin is trying to crawl ahead. are we among those who missed the boat again after yesterday bitcoin broke its high of $68k.

[tygeade]

This time bear may not come out like it did in 2018 and 2019. There are different positive information and news that has happened around cryptocurrency and bitcoin from last year to 2021 and these are going to influence the inflow of liquidity in crypto market. The use in bitcoin is well on the increase and this has got some platform to open acceptance of bitcoin like PayPal and other institutions like Amazon planning adoption . This will  further widen the reach of cryptocreency so bear may not be as expected until the second quarter of next year when the increase is expected again.

I believe that one of the main reasons why we are not going to see 2018 or 2019 like bear market is the fact that we have a lot more corporations involved as well. There are companies who can buy billions of dollars worth bitcoins, or even if not that much their combine purchase could be billions of dollars. This is why I believe that it is very likely for bitcoin to never have that kind of fall ever again.

I get that it is going to be something very unlikely for bitcoin to not have any fall at all, as we have seen from the recent drops that we could have some price drops but at the end of the day we are still living in a situation where these huge corporations may not allow it to be 30k ever again, they will not want to publish those kinds of falls in their profit and people may think they are mismanaging their portfolio so those companies will try their best to keep it at that level.

[arufox]

It looks like the bull market is over, this is seen where the prices of bitcoin and altcoins have decreased significantly this week. This decline continued the decline in the previous week. Therefore, it is natural for bitcoin to enter a saturated market because for several months it has continued to show price increases, let alone price declines have also occurred due to concerns about the emergence of a new variant of COVID-19.

[chikading2016]

Btc is now 48k$ but I think it is still bullish and soon it will risse and reach 80k$.The market is now different from the past bull run, the price movement and the demand or adaption of btc is really different, looking at the past price chart makes me think how far can bitcoin go?.

[Yaunfitda]

Really hard to predict, but if we end this year without getting over $50k, we might be in the bear market and this bull run is over. As the new cycle will reappear 2022-2024, I don't want to sound to be loom and doom but we have to accept the fact and be ready for a long bearish trend. On the other hand, if you are for the long term, then once bitcoin goes down hard it will be a perfect opportunity to fill our bags again and wait till the next halving.

[Baofeng]

Really hard to predict, but if we end this year without getting over $50k, we might be in the bear market and this bull run is over. As the new cycle will reappear 2022-2024, I don't want to sound to be loom and doom but we have to accept the fact and be ready for a long bearish trend. On the other hand, if you are for the long term, then once bitcoin goes down hard it will be a perfect opportunity to fill our bags again and wait till the next halving.

I don't think though, we might stay below $50K at the end of the year.

But then suddenly spike in January to $60K or more. So it's not a good gauge for me to say that we are going into bear market just because we can't get over the resistance of $50K.

We all know how volatile the market is, and only a single news is needed to create another FOMO that will bring a lot of investors to the market again and that could happen in the first quarter of 2022.

[Oilacris]

Really hard to predict, but if we end this year without getting over $50k, we might be in the bear market and this bull run is over. As the new cycle will reappear 2022-2024, I don't want to sound to be loom and doom but we have to accept the fact and be ready for a long bearish trend. On the other hand, if you are for the long term, then once bitcoin goes down hard it will be a perfect opportunity to fill our bags again and wait till the next halving.

I don't think though, we might stay below $50K at the end of the year.

But then suddenly spike in January to $60K or more. So it's not a good gauge for me to say that we are going into bear market just because we can't get over the resistance of $50K.

We all know how volatile the market is, and only a single news is needed to create another FOMO that will bring a lot of investors to the market again and that could happen in the first quarter of 2022.

Come to think that we are down now to 47k at the moment which we had able to reach new ATH of 68k and had corrected on this current price.Im not that negative but we could head down even more neither with some more negative news or sentiments on the market
or doesnt really have any reason at all.

For now its best not to expect that much on things because price could really be different neither we go up or down.

Best thing is to know on how to make move on different situations.

[StreakW]

I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.

[Falconer]

I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.

I would not say that a bear market has come even though it is week 5 the bitcoin price has corrected from ATH $69K to a price of $47K. We can still expect a similar bullish pattern on the bitcoin price before it reach the end of the year, but we are so close to the end of the year that we only have 16 days left from now.

It is true that there is little doubt about the next bullish move in the near term, but no one knows what will happen in the rest of December even though the bitcoin price is currently undergoing a correction. At least $40K support can still be expected to hold during this panic, so we can still hope for further recovery.

[bakasabo]

I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.

I would not say that a bear market has come even though it is week 5 the bitcoin price has corrected from ATH $69K to a price of $47K. We can still expect a similar bullish pattern on the bitcoin price before it reach the end of the year, but we are so close to the end of the year that we only have 16 days left from now.

It is true that there is little doubt about the next bullish move in the near term, but no one knows what will happen in the rest of December even though the bitcoin price is currently undergoing a correction. At least $40K support can still be expected to hold during this panic, so we can still hope for further recovery.

If this is not a bear market, then what it is then? Correction during 5 weeks? I wish to believe in this, but it is hard to do it. As soon as the Bitcoin price recovers a bit during a day, after lunch it starts to drop down again. Bears are pushing it down and encourage people to sell, especially before Christmas and New Year. I believe that we have fully entered a bearish trend, completely skipping altseason in 2021. I think we are repeating Spring 2018 cryptocurrency steps right now.

[peter0425]

I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.

It is indeed happening , each time there is a small increase then the decline is much higher in which shows how the market is entering a bearish position ,
if this continues to happen in the next 2 weeks then we are surely facing a Bear 2022 and the prayers for 2021 100k will totally accepted to not happening .

Btc is now 48k$ but I think it is still bullish and soon it will risse and reach 80k$.The market is now different from the past bull run, the price movement and the demand or adaption of btc is really different, looking at the past price chart makes me think how far can bitcoin go?.

Falls down to 46k actually yesterday and today in the scenario where people are looking for Increase .

maybe this is the sign that the market is entering Bear and we must be ready to what will come sooner.

[dataispower]

It looks like the bull market is over, this is seen where the prices of bitcoin and altcoins have decreased significantly this week. This decline continued the decline in the previous week. Therefore, it is natural for bitcoin to enter a saturated market because for several months it has continued to show price increases, let alone price declines have also occurred due to concerns about the emergence of a new variant of COVID-19.

We are in critical time of crypto, and the bull market does not occur two times in a year, bitcoin and altcoins life of market movement happened differently, weather bitcoin come first and catalysts the others price movement also, we are out of Corona virus period but still the price of bitcoin is not yet balance as expected, that indicates that increment in bitcoin will come up again in 2022 if time is not taking

[ranaprime]

Considering the current market, many people may think that the bull market is over. However, I think that even if the price is dumped, everyone is ready. With the change of this situation, a new bull market will start which is more than last year. Next year that means 2022 will be the one another remarkable bull market year in the crypto currency history.

[nhaila]

Considering the current market, many people may think that the bull market is over. However, I think that even if the price is dumped, everyone is ready. With the change of this situation, a new bull market will start which is more than last year. Next year that means 2022 will be the one another remarkable bull market year in the crypto currency history.

Your opinion is correct because at the moment many people think that the rise of Bitcoin may end here. As of this month the Bitcoin market has always been below 50 thousand. Many believe that Bitcoin is likely to reach its peak in the new year 2022.

[Lmaooo]

I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.

I would not say that a bear market has come even though it is week 5 the bitcoin price has corrected from ATH $69K to a price of $47K. We can still expect a similar bullish pattern on the bitcoin price before it reach the end of the year, but we are so close to the end of the year that we only have 16 days left from now.

It is true that there is little doubt about the next bullish move in the near term, but no one knows what will happen in the rest of December even though the bitcoin price is currently undergoing a correction. At least $40K support can still be expected to hold during this panic, so we can still hope for further recovery.

If this is not a bear market, then what it is then? Correction during 5 weeks? I wish to believe in this, but it is hard to do it. As soon as the Bitcoin price recovers a bit during a day, after lunch it starts to drop down again. Bears are pushing it down and encourage people to sell, especially before Christmas and New Year. I believe that we have fully entered a bearish trend, completely skipping altseason in 2021. I think we are repeating Spring 2018 cryptocurrency steps right now.

I don't think the bull market will be over soon because the cryptocurrency market have a strong momentum up to now. If you look at the cryptocurrency market capitalization via Coingecko or Coinmarketcap you may notice the entire market capitalization is above two trillion dollars that show how strong the market is and perhaps in the future we might see a huge uptrend that may skyrocket the market capitalization up to three trillion dollars or more.

[Ngemmeng]

Considering the current market, many people may think that the bull market is over. However, I think that even if the price is dumped, everyone is ready. With the change of this situation, a new bull market will start which is more than last year. Next year that means 2022 will be the one another remarkable bull market year in the crypto currency history.

Your opinion is correct because at the moment many people think that the rise of Bitcoin may end here. As of this month the Bitcoin market has always been below 50 thousand. Many believe that Bitcoin is likely to reach its peak in the new year 2022.

not a few also think that the recent price decline is a sign that bitcoin will soon enter a bearish phase. I personally agree with this opinion because since early 2021 bitcoin has been in a bullish phase and now it's time for bitcoin to enter a bearish phase. the point is that all these opinions are currently unproven because the bitcoin price is currently in a stable phase and market conditions are unpredictable.