Is bitcoin bear market over?

[cheezcarls]

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.

As of this time of writing, the answer is that we don't know if we are out of the woods yet. There is uncertainty in the cryptocurrency market right now. Despite that I am confident about Bitcoin going to reach new all-time highs again in the future, it's just that we don't know when it will happen because it's unpredictable.

We just have to acknowledge whatever results that we can get from Bitcoin and learn how to manage risks financially.

[Duzter]

The market have bounced and the same can't be judged as the end of bear market. The real bear market ends when the market experience continued increase in the price. From majority of users view this is just a price rally and nothing to connect it with the market trend. This can have a transition over time, if some big news takes place associated with bitcoin.

[yudi09]

The market have bounced and the same can't be judged as the end of bear market. The real bear market ends when the market experience continued increase in the price. From majority of users view this is just a price rally and nothing to connect it with the market trend. This can have a transition over time, if some big news takes place associated with bitcoin.

To illustrate the end of a bear market, we can look at a chart. Bitcoin has gone from the $20K price point and has gone up to $22K and has a chance to go up again. If the Bitcoin price reference is from June 15 to September 13, then the bull market has not started yet as $25K is the highest price as seen in this chart.



But rest assured, price movements will continue to occur despite the analysis that appears around you that this year Bitcoin has no signs of reaching a new ATH.

[BitDane]

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.

Same here, I am not thinking that the price of Bitcoin will crash to $10k.   I think if ever Bitcoin record another lower-low, it will be around $15k - $17k  range.  I don't think that the market will allow Bitcoin to crash to $10k.  I am sure if ever Bitcoin touches $15k - 17k, there will be massive buying since people will definitely buy a discounted BTC.

[Kemarit]

The market have bounced and the same can't be judged as the end of bear market. The real bear market ends when the market experience continued increase in the price. From majority of users view this is just a price rally and nothing to connect it with the market trend. This can have a transition over time, if some big news takes place associated with bitcoin.

And then we go down again, the gain that we have in the last couple of days was simply erased in 24 hours. So it just shows that we are still very much in the bear market, and even if we reaches $30,000 at the end of the month, it doesn't mean that we are out of the woods already.

So another good time to buy, although I would prefer to see the price going below $20,000 before purchasing. But in any case, -10% is a good price at this point.

[G_Besar]

Same here, I am not thinking that the price of Bitcoin will crash to $10k.   I think if ever Bitcoin record another lower-low, it will be around $15k - $17k  range.  I don't think that the market will allow Bitcoin to crash to $10k.  I am sure if ever Bitcoin touches $15k - 17k, there will be massive buying since people will definitely buy a discounted BTC.

It is very logical to happen because with large purchases in conditions of decline or discount conditions as you mentioned, it is clear that Bitcoin prices will be restrained from falling and have the potential to return to higher prices. The downfall of Bitcoin that I saw today is still in the reasonable category because it is still in the price circle this month or last month, so there is no difference because the increase is also not too big so far in the market.

[Mario Yamasaki]

Unfortunately today the market is correction again even more than 10%, this proves that the bear market is not over, but smart investors see this is a good opportunity for investment because it can buy at a low price so it is easier to profit.

[BobK71]

To understand the existence of a bear market or a bull market, we need to observe what is the condition of Bitcoin. Since Bitcoin is still going through $20,000, it is natural to assume that the Bitcoin bear market could last longer. But some experts are speculating that this bull market may start next year.

[FanEagle]

It constantly looks over and then some news comes out that is mostly fabricated to timed that way and then drops the price. I am sure that manipulators have a play in this as well and they make the news stations to make those news right before they buy, that way the price drops a lot and they buy a lot more.

You really think that people who are capable of spending billions on buying bitcoin wouldn't spend a few million to just make these news places to spread bad news? They do that all the time, and that is why the price drops that quickly. I am sure that eventually they will be on our side as well wanting it to go up so they could sell for some profit, because you can accumulate only so much.

[salad daging]

To understand the existence of a bear market or a bull market, we need to observe what is the condition of Bitcoin. Since Bitcoin is still going through $20,000, it is natural to assume that the Bitcoin bear market could last longer. But some experts are speculating that this bull market may start next year.

We'll see how Bitcoin can't break through the $23k wall and it falls back to $20k after the bad news means that the bear market is likely to last for a long time and we can't predict this right, as for speculation experts say it will be next year either. not determine what will happen before the 2024 halving after that it could be bullish IMO.
One of them is indeed taking advantage of the bear market for the better for us to have the bitcoin, if it is bullish of course we can regret why not buy it but when bears are always afraid to fall deeper that is what makes them more difficult.

[OgNasty]

The economy is still trying to figure out if we’re headed for a 2008 style crash or a soft landing. If deflation starts to take hold from these rate increases and the job losses kick into high gear, then you’ll see a true bear market. Bitcoin hasn’t seen a major economic crash yet. I suspect if a recession does take hold, the results will be fantastically exciting.

[AnonBitCoiner]

Bitcoin bear market is not over yet and we may seen another big dip of 39% very soon. Bitcoin sudden dump was not good and it's makes fear in BTC buyer again. Many analysis show that very soon Bitcoin can go back to 12k very soon . We have to wait for some months for bear market over

[OgNasty]

As horrible as it sounds, I don't think this bear market could be over yet because I don't see stories of pain in the news.  Typically you see stories of people who lost everything and blame Bitcoin for their life spiraling.  You hear all these horror stories about how Bitcoin is a scam and warnings about staying away...  Maybe we've just outgrown that level of FUD, but I don't feel a lot of pain at the moment with Bitcoin hovering around $20K.  Do you?

[Finestream]

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 can only tell when the long bear market is over if most of the crypto coins are already experiencing consistent price increase. Otherwise, if we keep on seeing bull trap from time to time, then we are still in a bear market condition. However, with bitcoin, even if the bear market is still here, as long as there are positive news that will influence the price of bitcoin to move up, eventually it’s price will start to surge again and settle in a new positive price.

[Bitcoin2009]

The bear market is not over yet and it looks like it will happen in the long term, it is proven that the price dropped by more than 10% and fell from $22k to $20k, the large number of FUDs certainly made investors afraid and chose to sell at a low price.

[yudi09]

Unfortunately today the market is correction again even more than 10%, this proves that the bear market is not over, but smart investors see this is a good opportunity for investment because it can buy at a low price so it is easier to profit.

I said above that the increase in the price of Bitcoin moving away from the $21K price can't be said to be the end of the bear market, because the highest Bitcoin price from July 15 to September 13 was $25K.
If we go to the current market and look back at the Bitcoin price chart, it's back down again and is at $20K.

All need patience. Investing in Bitcoin will always be fun to do. There is always a good opportunity if we are willing to invest.

[STT]

It constantly looks over

Only in the short term does it rally, I dont think we've managed it for a month especially.  Problem is we go as far as beating the weekly average but further out it starts to falter.  All we've done is cross from one side of the road to the other, when we get there we go only so far and cross right back again.    Only thing thats progressing here is time and the larger moving averages are gradually dropping to be near to this price area as we've drifted sideways for so long now.
  Biggest visual clue is the 200 week average, its so long term it doesnt care much about any recent rally attempt.  We crossed and back forth many times and its never really gone far.  People wont like this but the whole bull argument will have to wait till 200 Day average is ascending upwards, thats really going to be a while boring but simple to look for.

[EdenHazard]

2 days ago I was surprised because the price of Bitcoin drops more than 12%, this is a signal that the market is still fluctuating and still red, the standard for saying recovered is certainly varied, for me Bitcoin recovers if the assets I have bought and according to the calculation at least the price of Bitcoin $ 42K.

I think that now, a few days after your last surprise, you are even more surprised because today bitcoin was down to 18k. At this rate, bitcoin could break a new bottom very soon because this is not the first time it has tested the support line. If bitcoin falls below the last bottom, crypto winter will be here for a long time to come. Especially since there is no more big news, like ETH to POS, and it is unclear what to attract people to crypto.

Well we bounced back to nearly $20k now.

Touching 18.2k for few minutes only yesterday but now we looks safe to break another $20k line and move sideway like what most people predicted.
I was thought that we are going to lose the final support at $18k by yesterday but i was wrong , we will just having good time sclaping at the current price range.

[lienfaye]

The bear market is not over yet and it looks like it will happen in the long term, it is proven that the price dropped by more than 10% and fell from $22k to $20k, the large number of FUDs certainly made investors afraid and chose to sell at a low price.

The price of Bitcoin is struggling to recover consistently. If there's a minor increase, it is also followed by correction, probably because of some investors who do short term to profit. It's true that bearish market is not over yet but I dont think it will last a long period. Who knows, in this coming fourth quarter there might be a good news that can influence the market to become bullish. So im optimistic and ignoring negative news circulating crypto in general.

[yohananaomi]

2 days ago I was surprised because the price of Bitcoin drops more than 12%, this is a signal that the market is still fluctuating and still red, the standard for saying recovered is certainly varied, for me Bitcoin recovers if the assets I have bought and according to the calculation at least the price of Bitcoin $ 42K.

indicators for bitcoin recovering will differ from each other and all always with indicators of what the foothold has been made of. you do an indicator of the purchase price clearly receive the profit, and it can be used as a reference for yourself and may be different from others.
but I made the indicator from the price analysis at the beginning of the year when it started to move down until now, if the price has started to pass the price at the beginning of the year before the correction, there is an indication that it is time for the bear market to leave.
but it looks like the indicator will start to appear when entering the next halving and will not happen this year.

so the poll that the op created, I answered "No" because it hasn't happened yet and will continue to persist.