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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 1610 times)
Lambe Ndumble
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September 26, 2022, 10:21:08 AM
 #161

The market is still red and it seems that in 2022 the bearish trend continues, even many experts believe that Bitcoin will fall under $ 15K, for those who have capital, of course, the price will fall, of course we do not panic if the market drops again.

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Davian144
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September 27, 2022, 02:02:52 AM
Merited by Moeda (1)
 #162

The market is still red and it seems that in 2022 the bearish trend continues, even many experts believe that Bitcoin will fall under $ 15K, for those who have capital, of course, the price will fall, of course we do not panic if the market drops again.
Those who don't panic are those who haven't bought Bitcoin when the price was still high or when the price was still high as in the past. But for those who have bought more Bitcoins in the past, of course there will be a bit of panic in their minds because it is about the amount of their asset value starting to decrease due to falling prices.

I am also agreeing with you at this point that we are going to passing 2022 following by this market trends. I think this market of bitcoin will can't  pass the range of 28k in this year.  That will also be possible if Bitcoin can create a good resistance zone around 19k and 20k.  And if it fails to do that I think the price of Bitcoin is going to drop further.  But I am sure that the bear market is not over yet.
What makes you agree with that other than the good resistance zone around 19k and 20k ?
Because everyone has a different view of this and logically when investors and traders start taking advantage of the downturn and buy more Bitcoin at a low price, Bitcoin will eventually rise again even if it is difficult to happen in a few days or even month.
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September 27, 2022, 02:39:18 AM
 #163

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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

Yes, the price of Bitcoin just decreased to $18,000 few days ago, showed that the price will definitely reach $12,000 before the bull market will appear for those that bought few months ago to supply to market to achieve something good. I think, this is the best time to buy Bitcoin and hold for future purpose, because the price of Bitcoin will hit $80,000 next year for people to enjoy a long bull market like the way they hold long in this bear market. I don't think, people will miss this opportunity to buy Bitcoin in this bear season, because it's favourable for both long term investors and short term investors to embrace the opportunity in the community.

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September 27, 2022, 03:44:51 AM
Merited by fillippone (2)
 #164

The market is very volatile and nothing is certain. It looks like traders are coming back now, after a streak of corrections in the last few months and it seems that most of them are realizing indirectly that bitcoin is a major store of value. perhaps the market recovers quickly and this is the beginning of a stepping stone, maybe the price will only go up from here. There will be some short-term setbacks, but just to make sure we don't become parabolic. So enjoy the ride and relax, there is no way you will lose money in a total bull market on bitcoin if you invest at the right time.

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rodskee
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September 27, 2022, 04:10:06 AM
 #165

The market is still red and it seems that in 2022 the bearish trend continues, even many experts believe that Bitcoin will fall under $ 15K, for those who have capital, of course, the price will fall, of course we do not panic if the market drops again.
I am also agreeing with you at this point that we are going to passing 2022 following by this market trends. I think this market of bitcoin will can't  pass the range of 28k in this year.  That will also be possible if Bitcoin can create a good resistance zone around 19k and 20k.  And if it fails to do that I think the price of Bitcoin is going to drop further.  But I am sure that the bear market is not over yet.
it is your thoughts but that is not what we Bitcoin supporters had in mind , we will disagree with you that it will be impossible to reach 28k this year? remember that we are just entering the last quarter short a week now , and that is mostly the deciding time for the whole market specially bitcoin .
so better to expect that or else be a loser the whole year.

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arufox
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October 04, 2022, 11:26:36 AM
 #166

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.
You are right. indeed the market experienced a weakness in September which was an unfavorable month for the crypto market. The market's bearish trend in September has been common for the past four years. Therefore, it seems that the market movement will continue to slow down until the end of this month and the bitcoin price will continue to decline.

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