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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 1554 times)
Vaskiy
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September 01, 2022, 11:40:14 PM
 #121

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.
$10k is still on the way, because a lot of people want a low price,
and I'm sure there will be a short squeeze below the $10k price,
and that makes panic selling happen, so prepare a strategy if that happens
Just because lot of people want $10k to be reached, the market won't move in such a way. For now it hasn't got the resistance to move strong. This might keep the down market to continue. For now it have got the support at $19k, failing this might touch $17k. Further only we'll get to know whether the drop will go even lower or not. For now I expect it to reach between $12k and $15k.

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September 02, 2022, 06:16:45 AM
 #122

Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'. 
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.

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September 02, 2022, 08:09:35 AM
 #123

Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'. 
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.

I guess it's better to hear it that way, instead of denying that we are not in a bear market or we will recover soon. Most likely recovery will start right after the halving, just like the previous bull run. And so if that is the case then almost 2 year we will have to wait. So the best thing to do while waiting is continue to accumulate, nothing beats the old strategy of DCA every month and see how much you can get till the next bull run.

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September 02, 2022, 10:30:28 AM
 #124

Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'. 
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.
Indeed many people don't want to hear that because we are now bored with this sh!t. I know bear seasons are important as this gives us a chance to buy but man we have been this situation for so many months now. We can't be like this forever but we do also need our money to buy the things that we want especially now that special holidays are coming ahead.

In case the bull run starts at the year 2023, well what can we do? I think that was still fine since we only have few months left till we end this year and that was better compared to what others are saying that the bull run can start on the years 2024 and 2025 as that was too long already.

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September 02, 2022, 12:29:32 PM
 #125

Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'. 
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.

I guess it's better to hear it that way, instead of denying that we are not in a bear market or we will recover soon. Most likely recovery will start right after the halving, just like the previous bull run. And so if that is the case then almost 2 year we will have to wait. So the best thing to do while waiting is continue to accumulate, nothing beats the old strategy of DCA every month and see how much you can get till the next bull run.
Halving may come in 2024, a little bit excited. We need to survive and keep our emotions stronger and even more positive for the incoming as we still need to face the bear season for 1-2 more years. I just imagine during the last bear season that it takes almost 3 years, that seems possible to happen during this time. Well, anyways, we're just hoping for the best and we don't need to argue the situation whether it was bear season or it ends already, we really just need to prepared for anything will happen later.

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September 03, 2022, 10:55:02 AM
 #126

The unique facts that always make us curious are the price of bitcoin which is very fluctuating, after experiencing pressure of more than 3 days and once dropped under $ 20k, now the price of Bitcoin is back to the level of $ 20k, I suggest to continue to buy, I'm sure 3 or 4 Another day the price of bitcoin can reach at least $ 22k or profit more than 10%.
It was very common to hear people speculating it drops when seeing the market and then say it will turn bullish once there is a price increase.
But what I think is that we still living this bearish season until next year. What might could save this and lift up the market condition is halving. We all are probably thinking of the same scenario in the past as after halving, prices rose up like x5, x10, and even x1000 for shitcoins and hypes projects. I see this possible but yeah, we also have to wait for 2-3 years from now.
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September 03, 2022, 01:48:37 PM
 #127

Today there is another correction so that Bitcoin drops again under $ 20K, the bear market has not yet been completed even many experts believe that when the price is below $ 20k it will be difficult to rise, maybe tomorrow or the day after tomorrow there will be an increase again but the market will be bear again and things This is what makes us have to sell immediately when it is 10%profit.

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September 03, 2022, 03:48:16 PM
 #128

I haven't seen the bear market yet, because indeed the price of bitcoin has been dumped again,
especially below $20k, it will cause the bitcoin price to dump deeper,
I will make sure if bitcoin drops from $20k then this is the beginning of a bear market,
maybe my target is the end of the bear market is when bitcoin breakdown of $10k

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September 03, 2022, 06:07:13 PM
 #129


It was very common to hear people speculating it drops when seeing the market and then say it will turn bullish once there is a price increase.
Normally when the price of bitcoin starts increasing gradually people always think that we are entering into the bull market,  but the market is unpredictable.

Quote

But what I think is that we still living this bearish season until next year. What might could save this and lift up the market condition is halving. We all are probably thinking of the same scenario in the past as after halving, prices rose up like x5, x10, and even x1000 for shitcoins and hypes projects. I see this possible but yeah, we also have to wait for 2-3 years from now.

We are still in the bearish market, people just need to know buying Bitcoin is to hodl it for 2'-3 years time because the bearish market may not be over in a short time. This is the time to just hodl bitcoin and not a rush time to make money from it.

R


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September 03, 2022, 08:21:20 PM
 #130

Well not the thing you want to hear from my but I still suspect this is only the beginning of the 'bear market'. 
I still do project a 'Bull Market' early 2023 or later on in that year so as long as you are patient and HODL your Bitcoins I am sure it will make it worth it to ignore the current Bitcoin price.

I guess it's better to hear it that way, instead of denying that we are not in a bear market or we will recover soon. Most likely recovery will start right after the halving, just like the previous bull run. And so if that is the case then almost 2 year we will have to wait. So the best thing to do while waiting is continue to accumulate, nothing beats the old strategy of DCA every month and see how much you can get till the next bull run.
Halving may come in 2024, a little bit excited. We need to survive and keep our emotions stronger and even more positive for the incoming as we still need to face the bear season for 1-2 more years. I just imagine during the last bear season that it takes almost 3 years, that seems possible to happen during this time. Well, anyways, we're just hoping for the best and we don't need to argue the situation whether it was bear season or it ends already, we really just need to prepared for anything will happen later.

Yes, but I think we can survived this bear market. We are very excited for the halving to happen but it is still very far that's why I said we need to take advantage of the current situation first because this is what we are facing. Time flies so fast, in the next coming months it will be the end of this year. And then we start 2023 and it's another fun time to accumulate before the actual event. Just take this bear market in stride and we will be good in so many ways.

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September 04, 2022, 09:22:48 PM
 #131

Today there is another correction so that Bitcoin drops again under $ 20K, the bear market has not yet been completed even many experts believe that when the price is below $ 20k it will be difficult to rise, maybe tomorrow or the day after tomorrow there will be an increase again but the market will be bear again and things This is what makes us have to sell immediately when it is 10%profit.
From when i know the relationship between bearish market and bullish market, i come to know that bearish market don't have anything to do with bullish and knowing when the Bearish market is over is very difficult and nobody can predict it until it later return to normal, whosoever that predict when bearish is going to be over, i don't trust or believe in such

 Grin

I agree with you, your post reminded me of this very recent article:


When Bitcoin was trading above $60,000, the smartest analysts and financial-minded folk told investors that BTC price would never fall below its previous all time high.

These same individuals also said $50,000 was a buy the dip opportunity, and then they said $35,000 was a generational buy opportunity. Later on, they also suggested that BTC would never fall under $20,000.

Of course, “now” is a great time to buy the dip, and one would think that buying BTC at or under $10,000 would also be the purchase of a lifetime. But by now, all the so-called “experts'' have fallen quiet and are nowhere to be seen or heard.

So, investors are left to their own devices and thoughts to contemplate whether or not the bottom is in. Should one be patient and wait for the forecast “drop to $10,000” or is now the time to buy Bitcoin and altcoins?

source: https://cointelegraph.com/news/the-bitcoin-bottom-are-we-there-yet-analysts-discuss-the-factors-impacting-btc-price

I myself in the past got annoyed with these experts when they made absurd price predictions and the price dropped a lot, I often said to myself: how the hell do these guys consider themselves experts when they fail so much at price predictions? After a while I started to learn technical analysis and I understood that nothing is 100% certain when making price predictions, we are all making predictions (this is something that is not guaranteed, and something that may or may not happen).

The unique facts that always make us curious are the price of bitcoin which is very fluctuating, after experiencing pressure of more than 3 days and once dropped under $ 20k, now the price of Bitcoin is back to the level of $ 20k, I suggest to continue to buy, I'm sure 3 or 4 Another day the price of bitcoin can reach at least $ 22k or profit more than 10%.

people who buy at that price need to be aware that they run the risk of the price going down a lot, so if they have more funds to buy more bitcoins if the bitcoin price drops below 20,000$ then they can buy now without fear or else if people want to do hodl for many years so they can buy now

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September 05, 2022, 04:51:28 AM
 #132

On our own we cannot decide or bring a conclusion and that bearish market is over when Bitcoin it is still experiencing down fall in the market, the bearish market can be over when bitcoin change from the price it is now to another price that is when we are going to experience that bearish market is over. But what come to my understanding is that bitcoin price will it rise and it is within the space of November and the December when we will experience and other price change in Bitcoin investors new investors

We really can't tell when the bear market will end, because crypto market movements are very volatile and difficult to predict. So the bear market
can end at any time, please make a decision according to the results of our own research and analysis. Don't let us depend on other people's opinions,
it will usually mislead us, if that person's opinion is not accurate. But if we look at Bitcoin's performance in 2022 which is still struggling to rise above
the $25k price, I'm not even sure the end of this year the bear market will end.

Moreover, the world economic situation is getting worse, looks like the bear market will last longer than we expected. If by the end of this year
the bear market has not ended, we don't need to panic, it's normal if the bear market lasts a long time. As long as we don't sell our Bitcoins at
low prices, everything will be fine. We all have to understand making profit from Bitcoin can't be instant, sometimes it takes a long process until
we can finally get rich from Bitcoin.

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September 05, 2022, 10:46:53 AM
 #133

Today there is another correction so that Bitcoin drops again under $ 20K, the bear market has not yet been completed even many experts believe that when the price is below $ 20k it will be difficult to rise, maybe tomorrow or the day after tomorrow there will be an increase again but the market will be bear again and things This is what makes us have to sell immediately when it is 10%profit.
From when i know the relationship between bearish market and bullish market, i come to know that bearish market don't have anything to do with bullish and knowing when the Bearish market is over is very difficult and nobody can predict it until it later return to normal, whosoever that predict when bearish is going to be over, i don't trust or believe in such
How can i say that bitcoin bear market is over. Bitcoin's current price is $19,779.95 and has not seen any major movement for a long time. Moreover, the Fed and MT Gox are prolonging the bearish trend of the market. In that case, it can not be said that the market can soon overcome the bear market.

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September 05, 2022, 11:07:22 AM
 #134

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.
the price of bitcoin is not regulated then no one will know tomorrow the price of bitcoin will be at what, if you sell bitcoin try not to sell it when you are losing money just because you are afraid the price will continue to drop to $ 10k, rest assured, someday bitcoin price will break new ATH.

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September 05, 2022, 11:20:45 AM
 #135

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.
I didn't think that bitcoin will go down on 10k but I also think that market condition isn't still that good yet. Yes bitcoin had touch 24k on the last of august but it's could create any resistance or any stability on that range . Now it  is bellow 20k  I think after some time here a good resistance is created at 17k to 19k then a little pump may be seen later but we still have to wait for some time to see bull-run.

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September 05, 2022, 02:13:16 PM
 #136

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.
I didn't think that bitcoin will go down on 10k but I also think that market condition isn't still that good yet. Yes bitcoin had touch 24k on the last of august but it's could create any resistance or any stability on that range . Now it  is bellow 20k  I think after some time here a good resistance is created at 17k to 19k then a little pump may be seen later but we still have to wait for some time to see bull-run.
The Bitcoin market is going into a complete dumping right now.  I think it may take a few more days for this dumping to stand up.  But it will be fixed very soon.  We have to wait for a few days here.  When it pumps again all market coins will start pumping.  I think the price of bitcoin will increase next year. This year the price of bitcoin has gone through complete dumping.

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September 12, 2022, 06:28:30 PM
 #137

I think September this year will be the end of the bear market. In the last few days, bitcoin started surging 14%, from $19k to over $22k. Therefore, it seems that the bear market may have ended. However, with the current price movement, it's hard to tell if the current bull run is the start of a bull market or just hype. Let's see how far the bitcoin price will go until the end of the year.

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September 12, 2022, 07:57:57 PM
 #138

Although the answer to the current "bear market" isn't completely clear, one thing that is certain is this: Bitcoin will not be dead anytime soon. It's been declared dead dozens of times over the past decade, but it just keeps coming back stronger than ever. Bitcoin could very well end up being one of the greatest investments you ever make, but don't let anyone tell you that you should invest more in it than you can afford to lose. It's always one of the riskier investments, and will probably remain so for some time to come. So if you want in on bitcoin, just be sure that you're prepared to take the risk.

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September 12, 2022, 08:48:58 PM
 #139

I would have to say that I don't believe the bear market is over.  However, the institutional buying has started.  Likely we'll see sideways trading for a while then a spike downward with a ton of volume.  I think that will be the time when I'll get excited about buying again.  I still feel like we're going to see a new bottom on this cycle before it's all over, but I do feel like that time is approaching rapidly.  Regardless of what happens, I'm fairly certain those who dollar cost average in here and stick with it for the next 2-3 years are going to be rewarded.

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September 12, 2022, 11:11:26 PM
 #140

I think September this year will be the end of the bear market. In the last few days, bitcoin started surging 14%, from $19k to over $22k. Therefore, it seems that the bear market may have ended. However, with the current price movement, it's hard to tell if the current bull run is the start of a bull market or just hype. Let's see how far the bitcoin price will go until the end of the year.
In most of the years September have served to be different letting the market to experience a take-off. This time too the same can happen. The price have reached $22k+ and there is no big movement with the altcoins. We can't be conclusive, but there's is more buying happening at the moment. This can serve as a boost to the market that is expected to decline over the weeks.

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