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Question: Is bitcoin bear market over?
yes - 8 (15.7%)
no - 43 (84.3%)
Total Voters: 51

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Author Topic: Is bitcoin bear market over?  (Read 1542 times)
wxa7115
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August 20, 2022, 04:04:07 AM
 #61

I don't think the Bitcoin bear market is over, the current rally isn't a sign of a bullish market but rather a relief rally wherein the market recorded a temporary uptrend.  I do agree with one of the earlier replies that it would be considered a Bitcoin market when the price of BTC surge almost continuously.
And just like that all of the people that thought that the bear market was over are being proven wrong, now I don't really blame them because if it was up to me I would like for the bear market to be over as soon as possible, so we could go back to bitcoin growing up every single day.

But I do not really control how things evolve in the market and the only thing I can do is to adapt to it, so I hope that people understand that most likely the bear market is going to last for a long time and we have no other option but to hold our coins until this changes.

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August 20, 2022, 05:12:23 AM
 #62

The bear is clearly still around and it's not leaving anytime soon. Make no mistake, we are witnessing a slight market rally during the bear season, rather than a sign of the upcoming bull market.

If you haven't bought bitcoin when it was at 24k then today is a better chance for you as bitcoin price has dropped and is trading at $21k. Although I can't tell you if the price will continue to fall, but I do know that this is a good price to buy.
Don't hesitate or procrastinate, you will miss out a lot if bitcoin doesn't drop further and will go back to $23k again.

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August 20, 2022, 09:16:22 AM
 #63

I think the bear market is over since Bitcoin price dropped at $17k,
because many traders and big investors want Bitcoin price at $15k and I'm sure it won't happen in this short term,
just as traders want bitcoin price to $100k, and see what happened? yes all depression because it does not realize.

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August 20, 2022, 10:08:17 AM
 #64

As we can see on the current price movement, we go down to $21k already and this might continue up to the end of this week and maybe seeing $20k'ish at some point in time before the end of this month.

So we got the answers again, the bear market is not over and now I'm thinking that it's possible that the last lower lows of $17500 could be breach and we may be still looking at $15k. Hopefully the selling-off will cool down though and we could be just above $20k and not going down further.

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August 20, 2022, 11:42:49 AM
 #65

As we can see on the current price movement, we go down to $21k already and this might continue up to the end of this week and maybe seeing $20k'ish at some point in time before the end of this month.

So we got the answers again, the bear market is not over and now I'm thinking that it's possible that the last lower lows of $17500 could be breach and we may be still looking at $15k. Hopefully the selling-off will cool down though and we could be just above $20k and not going down further.
The bear market is not yet over and not as very serious like some weeks back when it drop to the price of $17. I don't really really how much the price may drop to know but I know we are still in the bear market,  what is needful to do is to pay attention to the market and keep hodling till will go into the bull market.

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August 20, 2022, 12:18:01 PM
 #66

As we can see on the current price movement, we go down to $21k already and this might continue up to the end of this week and maybe seeing $20k'ish at some point in time before the end of this month.

So we got the answers again, the bear market is not over and now I'm thinking that it's possible that the last lower lows of $17500 could be breach and we may be still looking at $15k. Hopefully the selling-off will cool down though and we could be just above $20k and not going down further.
The bear market is not yet over and not as very serious like some weeks back when it drop to the price of $17. I don't really really how much the price may drop to know but I know we are still in the bear market,  what is needful to do is to pay attention to the market and keep hodling till will go into the bull market.

Maybe yes and maybe not its really early to tell because we don't see the worst yet and there still many things to happen that may cost huge dump if there's big news to happen. And we need to prepare on any possibilities so that we will not miss any opportunity that can give us profit either the market dump or it will pump at that time.

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August 20, 2022, 02:41:30 PM
 #67

so many people that sold the bottom in the comments, so many that sold and thought btc will hit 10k. wonder what they going to do when btc hits new all-time highs, without reaching 10k.
If they sold on the bottom they will lose, I think a crazy guy is only going to do that. The next one is they sold because they are scared that the price will fall to 10k? Or they sold so that they will have more money by the time the price falls to 10k? But selling due to fear is bad. What is good is when they sell to earn a profit and then they will use that profit for buying but they should wait before the price dips before they buy. I don't like it when someone sells at a loss only to buy at a much lower price.

Why can't they just hodl and wait for their asset to recover? I think that will still be the same, but what is only better is that they didn't had a permanent loss. Now it's the price is near 24k and you just realized that it's now a good moment to buy? But what about last time when the price was still lower than that? Aren't they a better moment?

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August 20, 2022, 04:01:13 PM
 #68

I still think it's not over.It has to try for about 13,000 dollars. Investing now is risky. You can only buy and sell daily. Of course, this is my opinion. I'm obviously expecting a drop to 13 thousand dollars. If it happens as I expect, I will make my purchases.

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August 20, 2022, 08:51:29 PM
 #69

Again, whenever I see a bitcoin price correction then threads like this always surface on the surface. Of course, the price of bitcoin is always difficult to predict which can be different from most analyzes carried out by experts or other traders. The trend can be expected to change as the demand for bitcoin increases, but I hope the correction this time will not last long as the trend will change before the end of the month.

Somehow I believe this year's bear market will be inevitable because the market is always influenced by FUD and the unfavorable state of the world economy. The market is heavily impacted by the various financial problems out there, so while that continues it's hard to expect this market to grow any bigger than 2021.

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August 20, 2022, 09:32:06 PM
 #70

Somehow I believe this year's bear market will be inevitable because the market is always influenced by FUD and the unfavorable state of the world economy. The market is heavily impacted by the various financial problems out there, so while that continues it's hard to expect this market to grow any bigger than 2021.

Bear market is going to happen, and that is why this market is very special, with the changing cycle of bears and bulls fighting it out. But since we have this 4 year cycle, then the pattern is going to occur, as you have said, its inevitable.

It' just a question what will be the lower price this time, as we have sink into the $20k range. Could be see another lower low or can we at least recover back to $23k?
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August 20, 2022, 10:52:10 PM
 #71

I still believe that Bitcoin is still in bear market.  What we had experienced about the recovery of Bitcoin is just another lower high due to the relief rally that had been long overdue.  I also think that the bear market will continue to exist until the mid year of 2023 since the market will be transitioning to Bull market due to Bitcoin halving hypes.
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August 21, 2022, 06:34:56 AM
 #72

I still think it's not over.It has to try for about 13,000 dollars. Investing now is risky. You can only buy and sell daily. Of course, this is my opinion. I'm obviously expecting a drop to 13 thousand dollars. If it happens as I expect, I will make my purchases.
We can't determine or predict the future of the market because the market price is always change everything. Concerning the end of bearish market is something that we can not conclude that is the end or we have gone out of the market because i believe that the market is going to end, that's the aspect of bearish market because nobody hold the bottom base of the market. Tomorrow the price can go out of the point

We can't make a decision, but it's possible to more or less predict which direction he might move.For a healthy bull, I think he needs to see these levels.But after a long time the hash ribbon indicator gave a buy signal. This makes me think a little bit.The last time there was such a signal was in August last year, if I am not mistaken.

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August 21, 2022, 07:13:30 AM
 #73

I still believe that Bitcoin is still in bear market.  What we had experienced about the recovery of Bitcoin is just another lower high due to the relief rally that had been long overdue.  I also think that the bear market will continue to exist until the mid year of 2023 since the market will be transitioning to Bull market due to Bitcoin halving hypes.

i have the same thoughts as you, the bear market is not going to end so soon, we are probably only 1/3 of the way through the bear season and maybe the bear season will end by the end of 2023

in a bull market there will be some minor corrections and similarly in a bear market there will also be short-term rallies, so be careful with short term rallies like last few days it's just a trap

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August 21, 2022, 08:17:07 AM
 #74

so many people that sold the bottom in the comments, so many that sold and thought btc will hit 10k. wonder what they going to do when btc hits new all-time highs, without reaching 10k.
now it is near 24,000, so it is the time to buy.
In the speculation that everyone has a different view of the current bear market, the current market phenomenon will break some thoughts for crypto users especially those who want to invest in crypto.
1. Think at the moment the bear market is bottom.
2. Thinking there's still a bear market next, it's even worse.

The problem is that all of us have principles and ways to determine investments, but keep an eye on developments in the future so that you know that these two principles are true.

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August 21, 2022, 11:37:44 AM
 #75

I still believe that Bitcoin is still in bear market.  What we had experienced about the recovery of Bitcoin is just another lower high due to the relief rally that had been long overdue.  I also think that the bear market will continue to exist until the mid year of 2023 since the market will be transitioning to Bull market due to Bitcoin halving hypes.

i have the same thoughts as you, the bear market is not going to end so soon, we are probably only 1/3 of the way through the bear season and maybe the bear season will end by the end of 2023

in a bull market there will be some minor corrections and similarly in a bear market there will also be short-term rallies, so be careful with short term rallies like last few days it's just a trap

If we look at the price of Bitcoin, which is now back down to $21k, it seems that the bear market is not over yet. There is even a possibility
in the near future the price of Bitcoin will fall back below the $20k price, but I hope that doesn't happen. Then I have a different prediction
from you, according to the results of my analysis, it is likely that at the end of this year the bear market will end. But because predicting
the movement of Bitcoin is indeed difficult, there is a possibility that your prediction is right and mine is wrong. It doesn't really matter when
the bear market will end, as long as we remain patient holding the Bitcoins we have and also do not sell Bitcoins at low prices, then everything
will be fine. Indeed the bear market in 2022 feels tiring, but this is how the crypto market moves, we should not be pessimistic and still believe
Bitcoin will recover again. The crypto market may not always be bullish, likewise, a bear market will only happen temporarily. That's why Bitcoin is
indeed the most effective and safe as a long-term investment, we sometimes we need patience waiting for the price to recover and sometimes
it takes quite a long time. Because if we expect to make instant profit from Bitcoin, that is the wrong thinking.

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August 21, 2022, 07:56:26 PM
 #76

I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
And there's no one would able to find or able to predict it out since this market cant really be that be known when it comes to movement.No person would able to tell on where bear or bull market would be

over and we would able to know once it is already happening but telling on this one early cant really be possible this is why experienced people is rather making themselves some position or making out some decision towards their investment rather than boggling up their minds on where these trend would be over.

Better to be wise on making up your decisions because whenever we do see bears then its better to consider on buying cheaper coins and when the market
starts to recover then selling out your coins wont really  be that a bad idea and repeat overall process.

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August 21, 2022, 10:41:58 PM
 #77

I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
Bear and Bull seasons are having huge differences when compared to normal market conditions. What I mean is that, if we take on look at prices, we can really see a huge gap between them. What we have today is a bearish condition and prices went down too low. And I think we are still on that situation unless the spike will continue moving the price high. I'd still expect this bear season that we currently experiencing will last until the end of this year.

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August 21, 2022, 10:55:43 PM
 #78

I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.
What do you mean?
OP @Selena-01 only asked about bearish time, didn't ask about bullish time as well. He thinks bearish time is over because Bitcoin price was already above $24k  several days ago. But now, Bitcoin price dropped again to $21k, which means the bearish isn't over yet. Regarding bearish-bullish, surely they will always alternate, never ends. And don't forget about sideways, sometimes we have sideways phase where the price of most crypto coins relatevely stable or no significant changes.

To buy now, I think it is okay if the target is selling at the bullish phase. But if buying for a short-term goal, better to wait for the price decreasing more, below $20k. I assume Bitcoin price is still possible to drop again below $20k.


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August 21, 2022, 11:58:30 PM
 #79

I think bear or bull will never be over, there is always time we will feel bear or bull, as long as we have the opportunity and money then buying now is the best decision, I'm sure sooner or later the bull will happen soon.

No there is a time when bull and bear markets will be over, at least for certain years. For example, 69K was the market cycle top and end of the bull market. Currently, we are in the bear market but i think we have not hit the ultimate low so the bear market isn't over yet. I am expecting to see 12-13K bitcoin price and have maximum blood in the streets before this bear season is over. 
I may be wrong but usually market falls to a level which no one expects to drain out the weak hands.

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August 22, 2022, 04:20:33 AM
 #80

I think the bear market has not over, we are still facing a large market pressure, and it is proven that prices continue to decline and get closer to drops below $ 20k, if today red is likely 2 or 3 more days the price will fall below $ 20k very much, we are Wait before doing anything



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