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Author Topic: No more long term bear market  (Read 467 times)
Botnake
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November 22, 2021, 10:10:52 PM
 #101

It is very difficult to predict the future of crypto market. However, I believe that the adoption of bull market this time is much stronger than the previous one. Yet no one can say for sure that the bear market will not come. In addition, the governments of many big countries want to rein in bitcoin, which is an obstacle to its growth.
No matter how bullish we are, it will not be an excuse that we will not experience bear season anymore. For sure, it will still happen maybe next year but we can't be certain if it will last only for short term or long term duration. Although the year today is very much different and i can say that its more developed today due to large institutional investors, but it will not guarantee that we will no longer experience a long term bear season. There are still big whales that can manipulate the market, and any negative news that will hit the market, it will also make the market more bearish. So we can only be definite with our prediction once we get there.

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ardydyon
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November 23, 2021, 02:24:50 AM
 #102

I think that is difficult to happen, crypto is a digital asset that is able to survive when the covid pandemic hits all over the world.
we'll see when covid strikes and all countries lock down, maybe at the beginning crypto goes down but after time crypto starts to rise and
many new investors are starting to get into crypto until recently. Moreover, we see that there are many coins that are hype and offer profits with increases of up to 1000% more to be an attraction
they get into crypto and start studying crypto. I am still optimistic that crypto will continue to grow and succeed.

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November 23, 2021, 04:04:10 AM
 #103

It is very difficult to predict the future of crypto market. However, I believe that the adoption of bull market this time is much stronger than the previous one. Yet no one can say for sure that the bear market will not come. In addition, the governments of many big countries want to rein in bitcoin, which is an obstacle to its growth.
No matter how bullish we are, it will not be an excuse that we will not experience bear season anymore. For sure, it will still happen maybe next year but we can't be certain if it will last only for short term or long term duration. Although the year today is very much different and i can say that its more developed today due to large institutional investors, but it will not guarantee that we will no longer experience a long term bear season. There are still big whales that can manipulate the market, and any negative news that will hit the market, it will also make the market more bearish. So we can only be definite with our prediction once we get there.
Thats true. Although there's a lof of changes and development in crypto compared to past years, it doesnt guarantee that we'll never face a bearish season again or it wont last long because we dont know what lies ahead that can affect crypto as a whole.

However, even bearish season is inevitable, I dont think the prices of coins will plunge the same lowest price as before. Because many investors are still waiting for an opportunity to fill their bags after they witnessed the Bullrun and didnt had the chance to buy at cheaper price before it happened.

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November 23, 2021, 12:31:07 PM
 #104

It is very difficult to predict the future of crypto market. However, I believe that the adoption of bull market this time is much stronger than the previous one. Yet no one can say for sure that the bear market will not come.
Nobody can even get 100% accuracy with the market but there are a few that are really good in prediction. But not with this type of prediction.

The bulls are still strong at this time and it's not yet going to be a bear market unless we see the full sense of being in a bear market.

In addition, the governments of many big countries want to rein in bitcoin, which is an obstacle to its growth.
They're not an obstacle as ever since there's no government that didn't like bitcoin until it had grown a lot overtime and, that's the time when they've became interested on it. When it has already a value.

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November 24, 2021, 10:27:59 PM
 #105

The bull market will never be eternal and that is a big mistake at the level of market speculation and investment, the market always has its stages that are always fulfilled, such as the Accumulation and Distribution stages, the market will obviously have to go down to again take a new stage of accumulation, what happens is that the times are difficult to determine, it may happen that another stage of Re-Accumulation occurs, which is very normal in the market, but bear market for now although it is seen that it is something difficult if it can happen, all possibilities are there and can happen.
I also think so. The bull market can't and won't last forever. It's a mistake to think that "this time it is different". Look at the past, in the future we will see similar movements in both directions (up and down)

Yes, in 2017 I thought that bitcoin would never fall in price again, but of course I had no idea how the speculative financial markets of the market moved, like many friends at that time many made bets on altcoins, which obviously left to the floor because BTC from $ 20k went to almost $ 10k and then it fell even more, at that moment it was when I grabbed books and began to learn, so everything indicates the market will always have its accumulation stage, upward trend, Distribution, downtrend , in some way it is the basic, it has its different variations but basically that is what is always fulfilled in general terms.

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November 24, 2021, 10:49:36 PM
 #106

the market looks bearish.
How can the market look bearish? I don't think the current market is in a bearish stage. You must check the market carefully, many crypto coins are increasing their prices. Even Bitcoin price is also quite high, it is still above $55k. If you compare the BTC price at the beginning of 2021, you can see a quite big gap.

we might fall back to 30,000 USD for bitcoin.
It is possible, but when? I think it won't happen in the near future. There is no sign of a severe decrease, the Bitcoin trend looks good. I believe the price of BTC will be above $60k again in the near future.
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November 24, 2021, 11:03:59 PM
 #107

I think the bear market will hold for long.
Why do you think so, I'm not disputing the fact that it's very much possible for the bear market to last for a while, but if we take a look at the Bitcoin network, it's adoption and the influx of institutional investors into the network in the last one year, then it's prolly safe to say that Bitcoin would probably not stay down for a long time. And then again, manipulation is only temporary on the Bitcoin network, in the long run it becomes ineffective. There will be many more price correction time, and even if I may be wrong, I do not expect Bitcoin to experience a spontaneous and a sustained fall in price

Having said that, the case could prolly be different with other coins, especially those that are easily manipulated by individuals and organizations that own large amount of it, if you're holding such coins, then it's possible it could experience a long bear market, so it's better to take your ROI with such coins when you get it.
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