Have we opened the bear season?

[Pamadar]

I would say the most important part is to have the assets or the cash to get in right now. I know that most people do not do something like that, but the reality is that we are talking about something that is the usual norm of all the big financial players. They keep some of their money at cash at all times in case they can see a superbly amazing offer, and still keep some cash afterwards. I mean do you think that Warren Buffet made tens of billions of profit from his 2008 scoop, when everything was low, and had zero money left?

So, no matter what happens, rich people always keep some aside, could be a lot or could be a little but they always do. If push comes to shove, they just end up getting a big loan which they can, and they used that to leverage their situation and made a lot more profit, the difference is that, we may not get a loan like that.

Part of their advantages, they have lots of spares and lots of options in case they wanted to add more.

Unlike us, we see bear season as opportunities, but due to lack of resources we can't do anything but to watch while them, they
are just collecting more and saving it for the next market bounce.

I see your point and that's really the realities in life, bear or bull if you have enough resources you can always take your advantages.

[Luqman]

I think Bitcoin bull season is not over yet. Look at the price now BTC is back to 43k$ and soon it will rise maybe more higher than the past ATH

I also believe that the bullish phase still continues although crypto market is in a huge correction now. Of course, BTC price triggers the prices of altcoins to drop significantly. At least, BTC price can survive above $40k right now, so there is still an opportunity that BTC price to grow again above $50k. However, I am not sure we will see another ATH. In the next pump, there is no guarantee that BTC price to pass its past ATH.

[Finestream]

I think Bitcoin bull season is not over yet. Look at the price now BTC is back to 43k$ and soon it will rise maybe more higher than the past ATH

I also believe that the bullish phase still continues although crypto market is in a huge correction now. Of course, BTC price triggers the prices of altcoins to drop significantly. At least, BTC price can survive above $40k right now, so there is still an opportunity that BTC price to grow again above $50k. However, I am not sure we will see another ATH. In the next pump, there is no guarantee that BTC price to pass its past ATH.

Looking at the present price of bitcoin, i guess its clear that we aren't yet in a bear season.  Its more likely that bitcoin will still make another progress after this and if the price surge continues, then i can say that we are almost over with this correction and that bitcoin is going to skyrocket again for its new ATH. But the market is still unstable and i'm afraid we could end up in another bull trap again, maybe at the end of the day bitcoin will drop its price and sets to enter a bear season.

[gamer4156]

I can say that the current crypto developments don't have anything to do with that period. Rectifications and hypotheses are making crypto action swell right now. Such countless individuals are likewise mindful in the event that we are in the negative market. This turns into a troublesome time so that anybody might see their portfolios don't become anything.

[sonmezmstf1978]

I can say that the current crypto developments don't have anything to do with that period. Rectifications and hypotheses are making crypto action swell right now. Such countless individuals are likewise mindful in the event that we are in the negative market. This turns into a troublesome time so that anybody might see their portfolios don't become anything.

When I evaluate the last three weeks, I can say that I have question marks in my mind about the fact that we are in bear season right now. As I understand it, corrections are being made and then it seems that we will watch very serious upward breakdowns.

[South Park]

The price of the top coins is decreasing. Just take advantage of the current market conditions to add coins because this is a good opportunity to face the bullrun market that will occur after these times are over.

Utilization of the current market conditions is appropriate and if there are regrets when things like now are not used, then it is someone who is negligent, because the market will not always decline and one day it will definitely recover again.

true, not always down. but for me to take the opportunity to play zizgaz, because of this correction many say zigzag pattern a, b, c I will not take long-term risks, I prefer short-term not too risky to my usdt. many hope that bitcoin recovers from the sharp fall in prices, hopefully it will happen..?

It is noteworthy that USDT moved up to 3rd place and replaced BNB. Could this be because Investors are passively investing their money in USDT? The markets are now greening up.

I am not sure, after all there could be many explanations for something like this, maybe USDT just expanded its current supply recently and this caused the increase in its market cap, if this is the case then BNB could overtake it at any time, another option is that maybe traders and investors are finally punishing the change in policies the binance exchange went through a few months ago and this is decreasing the demand of BNB making its price to go down in the process.

[sonmezmstf1978]

The price of the top coins is decreasing. Just take advantage of the current market conditions to add coins because this is a good opportunity to face the bullrun market that will occur after these times are over.

Utilization of the current market conditions is appropriate and if there are regrets when things like now are not used, then it is someone who is negligent, because the market will not always decline and one day it will definitely recover again.

true, not always down. but for me to take the opportunity to play zizgaz, because of this correction many say zigzag pattern a, b, c I will not take long-term risks, I prefer short-term not too risky to my usdt. many hope that bitcoin recovers from the sharp fall in prices, hopefully it will happen..?

It is noteworthy that USDT moved up to 3rd place and replaced BNB. Could this be because Investors are passively investing their money in USDT? The markets are now greening up.

I am not sure, after all there could be many explanations for something like this, maybe USDT just expanded its current supply recently and this caused the increase in its market cap, if this is the case then BNB could overtake it at any time, another option is that maybe traders and investors are finally punishing the change in policies the binance exchange went through a few months ago and this is decreasing the demand of BNB making its price to go down in the process.

In my opinion, the biggest reason for USDT to increase the market supply is due to the anxiety of the investor. It tries to keep its investments at a stable value.

[Ardasonmz]

I just looked at the markets and was officially shocked. What kind of decline is this? Does anyone know the reason for this reaction? How can there be a 20% drop in one day? Is this the start of bear season? It is certain that this winter will be very difficult.

[terrorJR]

It is noteworthy that USDT moved up to 3rd place and replaced BNB. Could this be because Investors are passively investing their money in USDT? The markets are now greening up.

everyone has their own strategy of course to support their assets for the better.
for now USDT can still be used because considering they are stablecoins and for traders being on stable coins when the market is uncertain is a pretty good strategy because stable coins are an option because they reduce the risk of loss compared to altcoins so it is very natural for many people be here when corrections in btc and alt occur

[bhadz]

$37k for bitcoin by the time I'm writing this.

I just looked at the markets and was officially shocked. What kind of decline is this? Does anyone know the reason for this reaction?

Normal cycle, after a huge pump, there should be a dump that also going to be huge and here it goes.

How can there be a 20% drop in one day? Is this the start of bear season? It is certain that this winter will be very difficult.

We saw bitcoin move up quickly with more than 20% with a few days. It's likely that we're going on the bear season.

[super bako]

It is noteworthy that USDT moved up to 3rd place and replaced BNB. Could this be because Investors are passively investing their money in USDT? The markets are now greening up.

everyone has their own strategy of course to support their assets for the better.
for now USDT can still be used because considering they are stablecoins and for traders being on stable coins when the market is uncertain is a pretty good strategy because stable coins are an option because they reduce the risk of loss compared to altcoins so it is very natural for many people be here when corrections in btc and alt occur

Going for cover to USDT or any other stablecoin is a safe way from bear attacks that are starting to come in the market. back again where everything is back at the lowest price and buying, for the arrival of the bull in the future year, for now I'm enough to take refuge first to usdt because it's too bad, see you in 2024 which will come bitcoin?

[sonmezmstf1978]

The serious declines in recent weeks seem to support the meaning of the position. I guess we've entered bear season, even if I didn't want to. How long will this decline process continue? Do you have an expected BTC rate?

[suzanne5223]

The serious declines in recent weeks seem to support the meaning of the position. I guess we've entered bear season, even if I didn't want to. How long will this decline process continue? Do you have an expected BTC rate?

Technically, we have entered the bear season but the bear price momentum was not deep because the major player in the market (which are the institution and organization investors) still choose to hold than sell their bag than sell it and I believe this may not last long.
The decline process ought to continue for at least 1 year and 6month but no one can tell what the bottom price of Bitcoin will be

[Ziskinberg]

The serious declines in recent weeks seem to support the meaning of the position. I guess we've entered bear season, even if I didn't want to. How long will this decline process continue? Do you have an expected BTC rate?

Technically, we have entered the bear season but the bear price momentum was not deep because the major player in the market (which are the institution and organization investors) still choose to hold than sell their bag than sell it and I believe this may not last long.
The decline process ought to continue for at least 1 year and 6month but no one can tell what the bottom price of Bitcoin will be

But we have whales who can shake the market, and with manipulation, they can possibly cause a panic, and a bear market will come. There is no hype news at the moment, it's all about the bear market where news is very negative, it will probably continue for a while but there's nothing to panic about since it's a normal situation or we call this a market cycle.

As we experience in the past, people panic in the bear market but whales are ready to buy cheap coins, so if we continue to do that, whales will easily manipulate the market as they know they can benefit a lot once there's a panic and once there's hype.

Could be an easy money for them.

[Naficopa]

The serious declines in recent weeks seem to support the meaning of the position. I guess we've entered bear season, even if I didn't want to. How long will this decline process continue? Do you have an expected BTC rate?

..
What I am sure is BTC bears will not give up untill the 25k price point. Then we can see small corrections but overall trend gonna be uptrend sooner or later.

Pretty strong words, but theoretically it is possible to drop the price to $25k and it wouldn't even come as a surprise to me. Let me say that I would even be glad if the Bitcoin price fell so low. I am only interested in how long the price will remain at a low level..? I hope it won't be a bear market lasting two years.. :/

[sonmezmstf1978]

The serious declines in recent weeks seem to support the meaning of the position. I guess we've entered bear season, even if I didn't want to. How long will this decline process continue? Do you have an expected BTC rate?

..
What I am sure is BTC bears will not give up untill the 25k price point. Then we can see small corrections but overall trend gonna be uptrend sooner or later.

Pretty strong words, but theoretically it is possible to drop the price to $25k and it wouldn't even come as a surprise to me. Let me say that I would even be glad if the Bitcoin price fell so low. I am only interested in how long the price will remain at a low level..? I hope it won't be a bear market lasting two years.. :/

Why do you want it to fall? Are you going to have an investment plan so you want it down to $25,000? I was wondering why this statement was actually made!

[sonmezmstf1978]

The serious declines in recent weeks seem to support the meaning of the position. I guess we've entered bear season, even if I didn't want to. How long will this decline process continue? Do you have an expected BTC rate?

..
What I am sure is BTC bears will not give up untill the 25k price point. Then we can see small corrections but overall trend gonna be uptrend sooner or later.

I think we are in bear season at the moment and it will be short-lived in this situation. The bottom figure that BTC would see was 30000 dollars and we experienced it. We are back to the season about 1 year ago.

[sonmezmstf1978]

Technically speaking, the declines have been harsh and this can be called a bear period. It was like a bit of a reverse devaluation. But if we look at the reality, there is a complete arrangement.