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Author Topic: Is the cryptocurrency market entering a bear month?  (Read 436 times)
super bako
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December 18, 2021, 10:02:39 PM
 #21

I will sell all my altcoins if the price of bitcoin falls below 30,000$ is the position I will keep my assets in USDT for sure. For now, there are still many support positions for 30k and above, which can be said that the bullrun will continue if it doesn't reach 30k$ and below. fixed on the founders of their respective corrections.?

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December 18, 2021, 10:26:44 PM
 #22

I will sell all my altcoins if the price of bitcoin falls below 30,000$ is the position I will keep my assets in USDT for sure. For now, there are still many support positions for 30k and above, which can be said that the bullrun will continue if it doesn't reach 30k$ and below. fixed on the founders of their respective corrections.?

It's true this month the market looks to continue to decline, but don't forget that this year also many institutions joined for long-term investment
in Bitcoin. So I am optimistic that the Bitcoin price will not fall below the $30k price, even if it drops below the $40k price it's very unlikely to happen.
So I chose to hold some of the coins I have now, my prediction is that until the end of this year the Bitcoin price will still be above $45k.
Hopefully in early 2022 the price of Bitcoin can recover, so that altcoins prices will also recover. Indeed, there is not much we can do right now,
apart from remaining patient waiting for the market to recover.

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sumant
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December 19, 2021, 11:10:18 AM
 #23

Yes I think market is taking a hard correction and it will go down more so it is very important to not take any trade. Bitcoin price can go to 30k something if this happen then all will get huge setback who enterd in market now. Money should be transferred in stable coins and when market get stable then we can take grand entry. All in all market is looking in bad position so lets see what is going to happen.
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December 19, 2021, 03:17:49 PM
 #24

It’s hard to predict when we are in a bear market until it’s too late. Think of 2017-2018 as an example. We were all bullish up until Nov 2018 when $6K finally broke. And then obviously we were in a bear market however that would not be the time to short or sell.

It quickly went to $3.1K and that was eventually the low. Most back then were thinking it would go to $1K and they were all shorting at $3K. And the rest is history. Basically it never returned to that level.

So it’s difficult to tell when we are in a bear market or not.

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December 19, 2021, 04:13:25 PM
 #25

Maybe bear month in next circle is on early months of 2022. If price keep dumped or getting worst at it maybe i will say that it is on bear trend. Because to decide trend itself need more time than a days, but if want to make action it is worth too, if want to hold stable coins until market in a good condition, it is not a bad idea too.

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December 19, 2021, 05:13:52 PM
 #26

Looking at the annual chart, it can be concluded that we are still in an upward trend, and the current situation is only a temporary drop in price. However, in shorter time frames, the situation is less positive. The volume is very small, which may indicate little interest from investors and, unfortunately, the next step may be further price drops. Unfortunately, it is not known how long it may last.

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December 19, 2021, 05:46:02 PM
 #27

Maybe bear month in next circle is on early months of 2022. If price keep dumped or getting worst at it maybe i will say that it is on bear trend. Because to decide trend itself need more time than a days, but if want to make action it is worth too, if want to hold stable coins until market in a good condition, it is not a bad idea too.
To make sure it's better we just see in the early months of 2022 later,
there is no need to panic when entering bearish and that is a normal condition,
the most important thing right now is to keep up with developments and hope for the best

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December 19, 2021, 06:35:10 PM
 #28

Obviously mate its already in the bear and infact there's already a big changes after all time high, so accept the fact and don't overthink when it comes the current situation because its a normal situation ever since before. I mean after the all time high there's a correction. so just relax because it willl last as well like what always happen. Patience is a must! Just accumulate if you have free money because its a big opportunity to buy right now..
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December 19, 2021, 09:14:05 PM
 #29

The Crypto-currency market is already bearish, the bullish run has been amazing for those that took profit. For anyone that bought Ethereum last year and is still holding, such a person wouldn't worry about the current bearish outlook. Ethereum and BNB are my two favourite altcoin to accumulate.

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December 19, 2021, 09:44:22 PM
 #30

The Crypto-currency market is already bearish, the bullish run has been amazing for those that took profit. For anyone that bought Ethereum last year and is still holding, such a person wouldn't worry about the current bearish outlook. Ethereum and BNB are my two favourite altcoin to accumulate.
During this time of bear market, for me investing on a good project is the key to survive and having such good coins on your wallet can be a big help to make profit for you. I also love ETH and BNB, they are exceptional and they are good, this bear market wont last longer expect for the price to reverse.
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December 19, 2021, 11:25:08 PM
 #31

Yesterday, I was reading an article which was stating the reasons for the recent sell off of bitcoin which in turn, has affected most altcoins as well, though I currently can't remember the website where I was reading this article, but personally, I think that what also contributed to the sell off is the festive season coming up, it is common sense that people are gonna need money to spend in Christmas and new year, for those who don't have extra, they are likely to sell off some part of their crypto holdings to enable them raise money for this festive period, am assuming that as soon as we enter the new year, as from middle of January, by then, we can tell for sure if we have slipped into a bear crypto season or not.
It's always the case when there are celebrations that are about to come, there's always the sell offs and the whales are riding it on. We'll see it then by next year if there's a call for entering the bear market. But if not, there's no need to worry and if we see these points are good for buying.
Hopefully the others too, because if they don't then that means that they're not seeing that buying opportunity.
It seems like this December is the bearish one because the entire cryptocurrency market is not looking convincing. If you look at the bitcoin and altcoins market prices you may notice their prices are all going down except a few lucky ones indeed. I think the major reason behind that was the massive sell-up by the investors before the Christmas holiday. 

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December 19, 2021, 11:58:56 PM
 #32

All of this indicates that people are busy buying gifts for families and are not investing in cryptocurrencies. The Christmas time is always very specific and it is difficult to predict anything. However, this year we can say with certainty that December is rather one of the weakest months this year. We will probably have to wait until the new year for the next price increases.

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December 20, 2021, 01:41:29 AM
 #33

All of this indicates that people are busy buying gifts for families and are not investing in cryptocurrencies. The Christmas time is always very specific and it is difficult to predict anything. However, this year we can say with certainty that December is rather one of the weakest months this year. We will probably have to wait until the new year for the next price increases.
We're almost in holiday season already and its understandable if investors are taking profit to spend for this season. Majority of cryptos are declining right now but I dont think its already the start of bearish market. Few months ago after the ath, Bitcoin's price plunged below $40k level but the price managed to recover back and reach another ath again.

I think we cant see a major pump of the market for this month but it might happen early next year as the start of the first quarter. Its still uncertain but anything unexpected can happen so I believe bullish season will take place again.

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December 23, 2021, 02:43:03 PM
 #34

Right now I have sold half of my assets into USDT, just in case the market becomes bearish, because its approaching Christmas and New Year event, there will also Chinese New Year behind it, so this is my preventive measure against big losses if the market switches to be bearish trend because the things I mentioned above.

Actually the chance of BTC market to be bearish is small, because there is so much support above $30k, but we don't know what the whales will do, so I'm just prepared for the worst scenario.
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March 06, 2022, 08:53:12 PM
 #35

I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
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March 07, 2022, 10:08:51 AM
 #36

I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
There is no need to panic because of this because the market will return to the path that many people want, especially investors because investors are also not happy to see the current market conditions so they prefer to wait rather than make another investment in a hurry.

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March 07, 2022, 03:19:02 PM
 #37

I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
We still don't know if the market is really a bear season or just a temporary one, but this is part of the market so get used to it. Instead of panicking, a bear market is an opportunity for us to fill our portfolios with low prices. The market falls and then rises, so the only thing we do is prepare as much USDT as possible, when the market drops we go shopping.

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March 07, 2022, 04:38:43 PM
 #38

I would avoid making grand decisions based on one months movement. Maybe march will be a bad bear month, maybe it will be a bull month, but whatever happens this month, unless you are a big day trader and big swinger, then I would avoid that as much as I could. Just do not make monthly decisions, if you get out now and get back a month later, that is not a good decision to have, just stay and wait for it, get in with the liquidity you have and that's it.

I get the day trader, you buy now and sell 15 minute later and rebuy again 2 hours later, that's understandable and it is a profession. But, if you can wait a whole month, you can wait a few more months as well.

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March 07, 2022, 08:01:27 PM
 #39

I know it's not bear season, but investors' indecision seems to be leading us to it. These fluctuations are likely to occur as long as long-term investment plans are not directed.
There is no need to panic because of this because the market will return to the path that many people want, especially investors because investors are also not happy to see the current market conditions so they prefer to wait rather than make another investment in a hurry.

Unfortunately, in my opinion, there is no doubt that it is a bear market. The usual correction can take two to three weeks, but if it is three months, we have to admit that the trend is downward. Of course, I hope that it will change as soon as possible, but we also cannot pretend that the war in Europe will certainly not have a negative effect on this.

At the moment we can't talk about bear month anymore, but we should be wondering if it's bear year.  Roll Eyes
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March 09, 2022, 01:09:59 AM
 #40

Sorting from the date you created the thread to today, the price of Bitcoin, ETH and other cryptos tends to fall (Bearish). This shows that from December 2021 to March 2022 we can call it a bearish period. This is also influenced by various factors of course, bad news (FUD), policies related to interest rates from the FED, the war, technical factors that require Bitcoin to make price corrections after reaching its latest ATH.

My view regarding the decline in the price of Bitcoin, indicates that we are entering a bear market session. Of course, when the market experiences a decline, it is the right time for us to buy back or accumulate again.

However, it is necessary to watch out whether the current $38k - $39k level can hold as strong support or not, if the worst case is that the price level is unable to withstand the selling pressure of the market then we can visit $28k again. We should also hold money in the form of stable coins as a means for us to accumulate and buyback. Good luck

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