Do we call it bear market

[Chato1977]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think

I hope you do not panic and sell your bitcoin or altcoin at this time as the market is down deeper but I think it is a big correction for the crypto market. But if you want to sell your coin because you can not hold more losses, you should search for the right time to sell because you will not want to see the price increase back after you sell the coin. This time you have a good time to buy more bitcoin and altcoins but make sure you analyze before executing so you do not buy at a high price. The bull market will come back so there is nothing to worry about while you can sit back, relax, and be patient.

lol weak person cannot be hindered by advises to be panicking , though i doubt that he is really a Holder instead what i am seeing here is a complete spam thread and no clear intention to ask  advise.

let us not be fooled by this kind of thread , because he clearly mentioned of watching the market closely yet no idea on what to do?

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[Psynthax]

it definitely is a bear market, if there is anyone that's trying to deny the fact that we are already going down really hard these past few days then maybe they should reasses their chart analyzation because i'm sure they are making some mistakes,
best course of action at current moment is simply accumulating if you are already too late in selling your assets because you’re only losing when you’re selling.
I'm sure that the next cycle of bullrun is gonna be coming really soon, this month around could be the key for the future trend, if it’s still going down, big chance the bearish market gonna be really long and maybe it gonna takes few years.

[yhiaali3]

Not the bear market, at least until the present time. The market situation is still acceptable so far. We can say that it is a major correction due to a lot of negative news that affected the market negatively. It is not only the crypto market that has been affected, as well as the financial markets, stocks and major global stock exchanges have been affected. Also, let's hope that what is happening now is just another big correction, if the drop continues further then we can say that the bear market has begun.

[levyashin]

If you don't call this a bear market i can't think what can we call.

Every coin dropped a lot and i think most of them will beyond redemption. Even btc and eth dropped more than %50 from their peak.

[crzy]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think

Not a correction anymore the moment we go below $40k, that’s already a bear trend. Don’t panic because this wont last better to analyze again and buy more if you see good opportunity. This bear market is necessary so the price of Bitcoin can move on, buy now while it is still cheap.

[Naficopa]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think

In fact, we can call all drops in price longer than a day or two the bear market. In this case, I think we can slowly start talking about the short-term bear market. If the situation doesn't change for another week or so, I think everyone will officially start calling it bear market.

[Yamifoud]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think

Not this time, I was about to call the market when Bitcoin drops below $30 and it was fortunate to see that Bitcoin is able to recover this time, were up at 5.55% at this post, it sounds is going to stop the declines...I just hope this could be able to sustain a little bit longer and then it reaches back to $40,000 and so those who bought BTC last week had the chance to make a profit.
As I bought some BTC at $38,000, I may that closer to gain as well. It probably it ease the feeling of those who buy early when the decline starts.

[Finestream]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think

Not this time, I was about to call the market when Bitcoin drops below $30 and it was fortunate to see that Bitcoin is able to recover this time, were up at 5.55% at this post, it sounds is going to stop the declines...I just hope this could be able to sustain a little bit longer and then it reaches back to $40,000 and so those who bought BTC last week had the chance to make a profit.
As I bought some BTC at $38,000, I may that closer to gain as well. It probably it ease the feeling of those who buy early when the decline starts.

While most altcoins are continue to drop their prices, bitcoin on the other hand has seen to have a small recovery from its price which made those who bought bitcoin when it was still lower to the present value has already made a small profits. This make us think that the market is still in a heavy correction and not yet totally in a full bearish market since its price still give signs of recovery from its dips. If the recovery continues, bitcoin will be bullish again which will also give a positive impact on other coins that are in deep prices for now.

[BuNga_cute]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think

Not a correction anymore the moment we go below $40k, that’s already a bear trend. Don’t panic because this wont last better to analyze again and buy more if you see good opportunity. This bear market is necessary so the price of Bitcoin can move on, buy now while it is still cheap.

It's true that with the price of Bitcoin dropping below $40k, we can't say what's happening now is a correction. For me now it can be said
officially as a bear market, but there is no need to panic if a bear market occurs, because not always bear market will last long. I believe with
the popularity of crypto which has increased drastically, many institutions have joined and several large companies have decided to adopt Bitcoin.
This makes me optimistic that the bear market will only last for a moment, we will soon return to the bull market. So use this opportunity now
when crypto prices fall to collect some coins that are indeed potential, we will regret if we don't collect coins from now on. Since the crypto market is
about to skyrocket in the near future, and when that happens it can be profitable for those who already have large amounts of crypto.

[lalabotax]

I m still watching closing trying to know if this is the bear market or market corrections.

It's difficult to determine whether a bearish or a correction only. But we must admit that the current decrease is quite huge. I am a bit pessimistic to see Bitcoin be back above $60k. Except there will be unexceptional news about Bitcoin. Then, it can trigger Bitcoin to have another long bullish trend. But now we don't see something to be unexceptional news, on the contrary there are many bad news about Bitcoin and crypto.

[GreatArkansas]

For me, it could start with a bear market. We don't have any basis on how we can tell the bear market, but I believe it will be a very long market that didn't pump too much or mostly closed on a higher timeframe as a red candle.

I can say this is the start of a bear market but we can't say how long it is, this could be like a few months ago. Topped at $63,000 then dropped on $30,000 then pumped again to all-time-high $69,000. That was very short period of time.

[lienfaye]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think

Its already a bearish market since most coins has a huge dropped for the last few weeks. Athough its not as bad as bearish season before because the current price of most coins are still expensive. Its best not to panic during this time, anyway what coins are you holding? You cant gain if you sell so continue holding your coins and make yourself busy on other things so you wont think of the market for a while.

[traderethereum]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

What do you think

Its already a bearish market since most coins has a huge dropped for the last few weeks. Athough its not as bad as bearish season before because the current price of most coins are still expensive. Its best not to panic during this time, anyway what coins are you holding? You cant gain if you sell so continue holding your coins and make yourself busy on other things so you wont think of the market for a while.

The market drops in the last week and today, the market can rise for a little and hopefully, that can still increase and the last drop will be the last.
But I do not think we are in the bearish season, but we are in the correction moment, which pushes the bitcoin price to go deeper, as we saw last week.
You do not have to panic and still hold but if you already bought some at $34k, you are now making a profit by selling it at the current price.
I hope he can calm down his mind and not become too emotional watching the market because that can make him sell in panic mode when the price drops again.

[kotajikikox]

This is clearly a Bear market , it is rare to see a almost 20% drop in almost every coin that existed , this is a sad but reality for the market so why instead of feeling sad use this as an advantage?
why thinking of being panic seller when you can reverse the situation and be a Panic Buyer?
the more you buy now is the more profit you will get in the near future .

[Smitty Werben Man Jensen]

This is clearly a Bear market , it is rare to see a almost 20% drop in almost every coin that existed , this is a sad but reality for the market so why instead of feeling sad use this as an advantage?
why thinking of being panic seller when you can reverse the situation and be a Panic Buyer?
the more you buy now is the more profit you will get in the near future .

Although this is a good opportunity to buy some coins but before deciding to buy we need to consider many things,
because when we are not careful and rash sometimes it will make us lose money

[X-ray]

I m still watching closing trying to know if this is the bear market or market corrections. I don't want to panic and sell.
Lol.

So what things that make you say if there was a possibility of we are in the corrections? Bitcoin is going down from 70k to the around 33k yesterday and how can i say that's a correction? is not it correction was not so deep like this? that doesn't make sense. Just never try to watch the market and keep your portfolios in the safe place. Chill mate, the market will be turning to the green again as soon as possible.

What do you think

Bitcoin goes from the top to the bottom in three months since november and it seems like the bottom already reached and we will be breaking out again to get another ATH for bitcoin. I do believe if this dump will not be longer than next month. Im very bullish if bitcoin already reached the bottom and it will create another ATH again for sure. This time for us to accumulate more and more coins from the market when bitcoin is still in preparation to go to the moon. Altcoin will moon soon and bearish trend will end.

[Wahyuihib]

Given the continuous decline in prices in recent weeks, it looks like a bear market is on the way. and we must be able to manage what we have. Don't let us feel free to buy, because prices are going down. because it is possible that prices will continue to decline in this bear season

[Adbitco]

Can't just give a final decision on having little knowledge about market analysis, so decided to relates with the community to a clear understanding about the market before making wrong decision.

Thank you for all the contribution.
Now I will lock 🔐 this thread.