Bear market likely over?

[CryptSafe]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

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[piebeyb]

I believe we can recover faster than what we previously imagined, also read my thread here, I believe the 4 year cycle has been broken and is no longer useful as a reference when the recent economic crisis occurs, Bicoin can solve that problem, let's see developments in the next few weeks and don't forget to buy now is a very cheap price, bitcoin is like a fast train so buy it before the fast train leaves you all

[glendall]

too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much

[Rruchi man]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Certainly you did not expect bitcoins to keep going down, at some point we all expected that there will be a bounce back, but maybe this is too sudden and too quick for us to start calling it start of the bull season.

It is good news but I will also say you shouldn't get your hopes too high so you don't get disappointed if it doesn't go your way. We are expecting a bull run, maybe it has already started happening yes, but our major concern should remain how to get more bitcoins and hodl safely.

[AmoreJaz]

I believe we can recover faster than what we previously imagined, also read my thread here, I believe the 4 year cycle has been broken and is no longer useful as a reference when the recent economic crisis occurs, Bicoin can solve that problem, let's see developments in the next few weeks and don't forget to buy now is a very cheap price, bitcoin is like a fast train so buy it before the fast train leaves you all

in this market, we are all speculating to what may happen next. we can't tell if there will be bullish or bearish in the next few months. but you can always find tactics on how to possibly take advantage of the market.
keep eye on news that may trigger the uptick of the market. and before that happens, you should be ready.

[blockman]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

It's too soon to say that it's over. Don't be confident with everything that we see in the market despite being favorable to everyone. It's just a little movement that we've seen before and how much more if it's already over again?
We're aware that it will fill another all-time high but it's just too early to say that it has ended already. This could be a trap or what but all I am saying is get yourselves prepared for the best and for the worst, if it hasn't come yet.

[Kelvinid]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Well, thank you. But, I'm still not confident the bear season will end up shortly, not even this year. I was just happy to see the market stay high compared to the last bear season where we are almost at the very dip and many people become hopeless during that time. But for now, I'd see great hope form the majority and the willingness to take risks and hold for many years until the full market recovery comes. In fact, it was barely to see FUDs and panic selling but rather see a high accumulation rate which is an indication that people still have trust in crypto.

[jakdanyel]

I don't think it's right to say we're in a bear market right now. If we were in a bear market, the value of bitcoin would be below $10,000. After the period of decline we have experienced, we are currently in a pause period for a while. As far as I'm concerned, this period will continue in this way for a little longer. From time to time, there will be small-scale rises in the market. But I think that there are at least 1.5 years for the bull market to start exactly.

[GreatArkansas]

(.....)
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

There is a lot when it comes to fundamentals. But I believe it's really a coincidence on the monthly closing candle. If you take a look, few days left before the monthly candle and this is very important to traders or speculators. Some of their analysis could be a buy signal because of some of their analysis and that causes the price to go pump days before the end of this month.
For me, this is a good sign that we can see some good price actions next month.

[BitMaxz]

Actually, the bear market is already long gone since July it's stable and the current price increase right now is not a sign that the market will turn into a bull market. That's too early to say that this is the beginning of the bull market.

I suggest you better check the chart for technical analysis from july to today. Unless if we see new ATH from this Q3 to Q4.
I'm not FUD that just my analysis.

[gabbie2010]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Well, thank you. But, I'm still not confident the bear season will end up shortly, not even this year. I was just happy to see the market stay high compared to the last bear season where we are almost at the very dip and many people become hopeless during that time. But for now, I'd see great hope form the majority and the willingness to take risks and hold for many years until the full market recovery comes. In fact, it was barely to see FUDs and panic selling but rather see a high accumulation rate which is an indication that people still have trust in crypto.

I think it's too early to celebrate the return of the bullish runs until the major resistance at $22600 is broken else the price might pullback, but on once the resistance is broken and price retraced and turn the the resistance to support then it's will obvious that the bulls had returned to the market, though it's good that the price make some considerable pump atleast this will bring some relief to hodlers who had endured the bearish runs for so long, of course the bearish runs wouldn't last forever there must be a season of bullish run too and historically the price of bitcoin always experience a massive pump at a certain periods.

[Kemarit]

Its' too early to celebrate the end of bear market, LOL. The price is just above the mental barrier of $20,000, nothing more. It's doesn't mean that the market will change it's course. Definitely this is a good sign, but still it is way below our last all time high.

And for sure everyone knows that the catalyst for a bull run is the block halving which is still years from us (2024). Be careful though, this could be a trap.

[tranthidung]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time.

There are some reasons to believe that Bitcoin is moving in a bottom range but pay attention in the word 'range'. A range has upper and lower bands and you should know there are outliers beyond a range.

The market basically should have a massive shake out and I believe we will have it when Bitcoin surprisingly crashes towards $13,000. All weak hands should be out, all gamblers should be killed by forced liquidations, before a new bull run kicks off officially.

• Is Bitcoin bottom there yet? Fear & Greed, Pi Cycle Top / Bottom

Bitcoin is moving under its Realized price for a while and the period is almost the same as it was in Nov 2018 to April 2019. If history repeats, it should ends soon.

Pi cycle top indicator gives me a thought that Bitcoin should have a good bounce back to about $40,000 and it should be corrected back. A next time will be an official jump into a new bull run.

People are still very fearful according to Bitcoin Fear and Greed Index

There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

It won't. New all time highs are reached in bull market, not in bear market, not within a few months after a bear market ended. When a bear market ended, it needs a few months to wipe out fear, hesitation, disbelief so that a new all time high can be seen.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Normal movement, nothing special.

[8rch7]

too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much

It's true as you said we have to be careful not to panic and not get too excited. This can be an encouragement for crypto users, because basically we will never know when the bulls will arrive, because it is very difficult for us to predict, we can give predictions but we should not expect too much because if we expect too much we will definitely be disappointed , we should respond normally when there is news about the increase in crypto prices.

[mk4]

You're speaking as if this was the first time we had a bounce back in price. Don't forget — we literally had a bounce from approximately $18,700 up to like $22,400 just last month. Where are we now? We're going to need a lot more than this to make a safe conclusion that the bear market is likely over.

[bbc.reporter]

I believe we can recover faster than what we previously imagined, also read my thread here, I believe the 4 year cycle has been broken and is no longer useful as a reference when the recent economic crisis occurs, Bicoin can solve that problem, let's see developments in the next few weeks and don't forget to buy now is a very cheap price, bitcoin is like a fast train so buy it before the fast train leaves you all

I disagree on both of your arguments if that is possible when I present you my argument hehehe. We might not recover faster if the war between Russia and Ukraine does not stop. You also argue that the 4 year cycle has been broken. However, it has not yet been broken because we are still in early in the cycle. Next year will be telling, I reckon.

In any case, yes next year we might begin to agree on one of your arguments. Slow economic recovery implies the 4 year cycle being broken and a faster recovery than expected would imply the 4 year cycle continues.

@mk4. I very much agree!

[electronicash]

traders are split on this speculation. but some are saying last june was the macro bottom where it plunged to $17k. if this is true then you are not the only who missed it.

if we are down to more than 70% and the marketcap is down to 1/3 and we are still uncertain if we go below $20k again, its a good time to buy. you are already in a good position to wait for the bull market.

[Sebas.tian]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

I think, bullish market is about to appear in the community for investors to believe that bearish season have few days to spend in the market before bullish will roll over for both long term investors and short term investors to smile. Now that the price of Bitcoin hit $21,000 few hours ago in the market, showed that before next month ending the price will reach $50,000 for those that bought when the price was $18,000 or $17,500 to start releasing their bitcoins to make a good profits. I don't think, this new price will decrease again in the market before it will increase higher for bullish season to fully remain stable through out this year.

[Don Pedro Dinero]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

What I think is that with your analytical and predictive skills you must be a multi-millionaire by now if you have been trading based on them.

It's irony, in case you haven't caught it.

It would be nice to know why you think the price is going to go from 20 and a bit thousand to 70 thousand USD in a couple of months, as there is no serious analysis, not even the most optimistic ones, that even comes close to such a bullish prediction.

[davis196]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The Bitcoin price increased by a thousand dollars and the newbies say that the bear market is over. This is a newbie thing to do.
How many times the Bitcoin price went above 20K USD in the last couple of weeks? More than once. Was there a significant bull run? Nope.
Can you backup your theory about new ATH coming soon with some facts or a proper analysis? I don't think so.
A new Bitcoin ATH is going to be reached in 2025. Nobody and nothing could possibly make me change my mind.

[serjent05]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The current bounce back of Bitcoin is said to be the result of the current announcement of Canada's interest hike and the continues weakening of new home sales in the US[1].  It was said that these two factors had helped to make Bitcoin break its current sideway trend and make the market uptrend to $21k.

with this surge, I think that this is just another higher low, and the Bitcoin market is yet to transition to a Bull market.  The hype around the Bitcoin market is not yet strong enough to sway away the bear sentiment of the Bitcoin market and I believe that it will need more good news than the recent one.




[1] https://www.coindesk.com/markets/2022/10/26/bitcoin-jumps-to-21k-after-soft-us-data-less-hawkish-boc/

[KaliLinux]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

I don't think that the bear market is going soonest as you believe, normally I believe that the market would even go through some months if not years of accumulation stage which I don't think we have really seen yet plus this bit of a relief rally does happen in the market over the cause of the Bear season.

You would see at different intervals here, we have had this small pumps, but the general market sentiment is still bearish. Let's hope you are right about market reversal, but it would be nice to have a proper confirmation

[Issa56]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Bitcoin bounce back to $20k and you already concluded that bear market is going to be over soon, I don't really know but you might be right. I don't care whenever bitcoin will bounce back, have been holding my bitcoin for few years and am not ready to sell soon, even in the next bull run am not selling my bitcoin, that's why I don't care when the bear market will be over. Am sure most people will have bagged enough bitcoin since we entered bear market, the only people that will be left behind if the bull run start are the once that are still expecting bitcoin to dump below $13k, which if the start seeing bitcoin pumping, they will start regretting why they didn't buy when bitcoin was in $18k.

[CryptoYar]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end.

The bear market has not yet ended. It was just a short squeeze. IMO If you look at the RSI you'll see there are hidden bearish divergence on the daily time frame, which indicates that price might drop in the coming days.

get ready for bullrun

Historically, bullrun starts after bitcoin halving which will take place in 2024.


Source: https://mobile.twitter.com/cryptokaleo/status/1537525226774355973

[yazher]

too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much

If that is the case, then it's called bull trap and small investors should really careful about it because they might caught in the middle where they gonna trap to buy at its high price. But as for the long term investors, this mean nothing and it's really best to buy at this price before the actual bull runs happens. 20k it's a good sign I wonder if it will go higher than this in the upcoming days.

[Nrcewker]

too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much

Yes i too agree on this. Concluding something big like this is really too soon. IMO these are just market manipulations made by big whales in order to make profit from the market. Sadly many newbies fall into this and starts buying or selling the coin. Earlier in this bear market we have noticed this, and similar things also happening right now. So before taking any big discussions, we should analyse every thing. Also Bitcoins won’t touch any new all time high very soon, not in this year atleast.

[DanWalker]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

We need to keep in mind that we are down 70% from the ATH and now we are up just over 7% in just two days and this isn't enough to indicate that the bear market is coming to an end. Optimism is a good thing but don't overdo it because you will be even more disappointed when the market falls again. Look at the current world economic situation and face the reality that markets will never recover if the economy remains in a state of crisis.

[Ziskinberg]

Yes, It is very interesting to see the price of bitcoin bounce back after losing half its value over the last few months. It is not entirely clear what exactly is causing the recent increase in demand, but there appear to be a number of contributing factors including the adoption of bitcoin in some countries, the surge in transactions taking place in some Major Exchanges, and the difficulty of obtaining bitcoins due to rising fees for mining.

It is obvious there is an increase in demand making the price surge a little bit high. I'd see the courage of many people taking the risk and buying crypto during this bear season. But yes, this won't just lift the situation as we are still in the bear condition probably until the end of this year or until next year. However, despite the situation we face these days, we still see the stability of the market price not go deeper unlike before. It is likely that people never lose their hopes but instead, they learn what they did during the last bear season.

[Shaha98]

A bear market may grow for a little while. But in the current situation, market growth is not possible। Currently the Bitcoin market is a bit slow due to which it is still not possible to predict which direction the market will go.This is the perfect time to hold for a long time. If you want to fill the pocket then surely you can in this situation. Good luck for next time.

[lovesmayfamilis]

Whatever happens in the market, there will always be someone who will shout "I told you so" or "I knew it."
OP, now you look like such a herald, who, without obvious signs, begins to spread congratulations. You will earn the title of visionary if we see rapid growth rather than stomping back and forth. But for now, the crystal ball is still in the hands of bitcoin itself.

[YUriy1991]

There is always the possibility of a crash of some sort, but who knows if that will happen or when. The most interesting part of this is it isn't being pumped through an exchange. All transactions are held in the Blockchain, so it is impossible to tell how much has been purchased in total by anyone. This makes me feel more confident about the future and hope that Bitcoin is on its way to becoming mainstream.

[Lucius]

Seems the bear market is likely going soonest.

Of course, we should get ready for at least $100k (and maybe more) by the end of the year - because the price has risen by as much as 5% and that is a clear indicator that the bear market is over

If you had done your own research, I'm sure you wouldn't be so sure about what you wrote. There is absolutely no reason to expect a bull run at this point, and I would say that we are looking at yet another bull trap in a series. Where were you a few months ago when the price hit $25k?

[Woodie]

I have been looking at some btc/usdt charts and from what I can see it looks like price has been rejecting at the current lows which could be an early sign of price wanting to reverse and get bullish... Those of you trading using smart money concepts, you will agree with me that there is a Change of character which is a signal given for the pullback that will want to swipe any trend line liquidity.

[Victorik]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Well, as much this is the expectation of very many crypto holders, we must not get caught unawares. This pump might just be a trap, and if you ain't careful, you might loss your funds.

Moreso, it is too early to celebrate. We have witnessed a situation were there is a sudden dump right after a mad pump.

This is cryptocurrency, expect anything.

So, be guided. Ensure that you are not investing with what you can't afford to lose.

[Reatim]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Just because Bitcoin  go above by 8% and ethereum by Double digits meaning the bear is finally over, there are so much to consider and this is a chance of this is just being pumped for the coming much bigger dump this year end.
people commonly see increase at October to December but what if this is just a trap?
are we really ready for what is coming?

[Franctoshi]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

I would say it's too early to start jubilating, for we haven't seen major changes in the market. Therefore you have to consider some factors like the macro economic factor if it has changed, Too, I would like to see Bitcoin start break critical resistance levels and creating new highs with strong volume coming into the market and thereby changing the overall downwards trend, then this would be the time I will have to believe that the market has finally taking a turn from the current bearish trend.

[ethereumhunter]

A bear market may grow for a little while. But in the current situation, market growth is not possible। Currently the Bitcoin market is a bit slow due to which it is still not possible to predict which direction the market will go.This is the perfect time to hold for a long time. If you want to fill the pocket then surely you can in this situation. Good luck for next time.

After yesterday's high rise, it looks like bitcoin is getting a correction because its price has declined even though it's not much. And if you decide to trade, be careful because apart from going down, the price tends to slow down so it can be like a trap. But right now, it's still good to accumulate bitcoin purchases because the price is still low so this will be a low buy. But hopefully, things can change in the next month and we will see bitcoin rise, which means we will profit again.

[Hypnosis00]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

I would say it's too early to start jubilating, for we haven't seen major changes in the market. Therefore you have to consider some factors like the macro economic factor if it has changed, Too, I would like to see Bitcoin start break critical resistance levels and creating new highs with strong volume coming into the market and thereby changing the overall downwards trend, then this would be the time I will have to believe that the market has finally taking a turn from the current bearish trend.

I know things like this will happen in Bitcoin. And to believe that fact that the market won't ever stay low and in bear condition as surely there is a light to come one day. We saw a few price pumps make to believe that we are leaving the bear season but wait, this is not just simple it was as I consider this just a short pump. Though I believe that bear season will end soon, however, it was not the perfect time to say it, not yet unless there is a strong price increase we saw in the market.

[Daltonik]

We cannot say that the bearish trend is coming to an end, perhaps it will last for several more years, look at how the bitcoin price reacts to regular CPI reports in the US the next one will be on November 10, look at what is happening in the financial markets, I don't think bitcoin will go against the wave to a new ATH in such realities.

[Bazzu]

unexpectedly the price of bitcoin has increased, and of course many people are lucky, namely people who buy at low prices. I thought maybe bitcoin was going to have a pretty high rise, and indeed, we've been in a bear market for a long time, and I think now is a good time to buy bitcoin, because I think there will be a bull market. . so we have to prepare it
from now on.

[Plaguedeath]

Dude, Bitcoin price only increase little bit at one day only, how it's possible you think the bear market is already over? If Bitcoin price still increase for 5-7 days in a row, then you can expect the bear market already over since people are getting hyped and they would accumulate more Bitcoin. Bitcoin price only increase for 10%, it's normal for such high volatility. Actually Bitcoin price can change higher than that and we're already experienced on that's matter.

[Bitstar_coin]

As much as investors would want this to be true, unfortunately it is not. Bear market is very much available until btc halving i guess.
This 5% - 10% up is not an indication of a bull market, but some people get their hopes high seeing this type of occasional pump. I think traders have been rewarded these few days.

[Inwestour]

We cannot say that the bearish trend is coming to an end, perhaps it will last for several more years, look at how the bitcoin price reacts to regular CPI reports in the US the next one will be on November 10, look at what is happening in the financial markets, I don't think bitcoin will go against the wave to a new ATH in such realities.

A new ATH is definitely not worth waiting for right now, but it also doesn’t look like bitcoin can fall to a new bottom, since the 19k level turned out to be a very strong support line, which has not yet been broken through. Well then, we are waiting for November 10 and we will see where the price can fall this time, or maybe this time we will have positive news and we will continue to grow.

[buwaytress]

Just a short squeeze, nothing too much in this to get excited about, particularly as we've been here before several times already these last 4 months.

If we're patting ourselves on the back for this, I won't know what we'll do to award anyone who makes it through new lows (they're coming, don't dream) and emerges in 2023/4/5 to claim a new ATH. Medals are cheap

[m2017]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

I think you started celebrating the victory too early and the current slight increase in the price of bitcoin is not a reason for this. It looks like a small thaw during crypto winter, nothing more and I assume that there will be no further crazy growth, as you expect at the end of the year. Not all cycles have passed to give way to a bearish trend in favor of a bullish one. It's still early for that, be patient and you'll wait for the expected, but later.

[Slow death]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

don't be fooled into thinking that just because the price of bitcoin has increased a little then it's because the market is reversing to an uptrend, that's not true, the price is trading sideways, you just have to observe that it has dropped to 18000$ and then it has gone up to 22000$ and then it goes back down to 18000$ and then it goes back up to 20000 to 22000, this has been the price movement in the last few weeks, there is nothing of trend reversal to uptrend

too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much

I agree with you, at this point you shouldn't be anxious or create high expectations, the person can make the mistake and take all the money and buy bitcoin for the price of 20,500$ and then the price drops to 18000$ and continue in that zone from 18000 to 20,000$ for many months and the person who bought at $20,500 starts to panic because they think the price will never go up much again

[Ultegra134]

Just a short squeeze, nothing too much in this to get excited about, particularly as we've been here before several times already these last 4 months.

If we're patting ourselves on the back for this, I won't know what we'll do to award anyone who makes it through new lows (they're coming, don't dream) and emerges in 2023/4/5 to claim a new ATH. Medals are cheap

Exactly this. Why is everyone so excited when Bitcoin makes even the slightest bump? For quite a few months now, Bitcoin has been ranging between $19.00 and $21.000 for quite a few months now. There weren't any significant gains, it didn't even reach $21.000, but somehow, Bitcoin's and Ethereum's rally is all over the internet. We have a long way to go to see any decent recovery. Continue holding and we'll be rewarded.

[teosanru]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Not at all, it might go for a break for sure as we have been pretty bearish from long term and might see some signs of bullishness now, but this does not means that we will go on to 50k or something in next few months. I remember when one bullish cycle finishes and then a bearish cycle finishes, market accumulates itself, it accumulates itself for too long, for days and weeks and months, same will happen now, you will see many bull traps, many bear traps as well but expect market to remain sideways for sometime, we will topple between 20k and 40k range for quite some time now atleast until the next halving after which we might gain momentum towards a bullish market.

[coolcoinz]

I don't think that it's over but there's a rule you should all be aware of. The markets work in such a way that the vast majority always loses. Some traders call this a crowded position. When positions are crowded they present an opportunity to be squeezed and a squeeze makes more money in liquidations for those who can afford to make that squeeze and believe me there are people with a lot of money running the market and making those squeezes.

So, if the market keeps proving to be profitable to shorters, more shorters keep taking these positions up to the point when they get squeezed and the market turns around. We've been profitable for bears for a year now and it's not going to last much longer. The bear market is probably not over yet but we're closer to its end than beginning.

[Piesel]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Well, a less than 10% bounce back can not be considered to be a significant recovery that can be call recovery and at this point, we should understand that at this moment the price of Bitcoin has declined back to below 20,500 which is a big pullback from the recent price rise of 20700 last night.

So technically are not in a bull run yet and we have to wait for a while before we can determine the direction the market is going.

[panganib999]

Although as much as possible I want to remain positive and believe you in your sentiment about the bear market being over soon. It is still too early to decide that. There have been instances where bitcoin abnormally shot up in price in the middle of its regular 4-year cycle (which still couldn't be taken as a reference by the way) and has still dumped down eventually.  If you were right then congratulations to everyone of us. But this shouldn't FOMO everyone. Always do your TA first and foremost and DYOR.

[Smartvirus]

I can almost imagine the excitement for every bitcoin hodler. The thought and the signs of a possible bullrun is by far a wish and what everyone hopes for but, I remain in disbelief to say that, the bear market is over or the 4years circle has been broken.
For what is worth, these things comes with some sentiment attach that binds it almost like a tradition. It's an expectation for most and that is the sentiment that is likely going to make it happen.

Even in a bear market, we've got fake bullruns that comes with little pumps and then it dumps again. I think this could be it.

[Finestream]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

I think this is not something new as we all expect about having a good price increase for bitcoin after long span of bear market and low prices. If this increase will continue months from now, the maybe this will continue to be bullish but if this will suddenly stop, this might be another bull trap.

[Russlenat]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

This is what we all hope for to see a good price increase for bitcoin and with the rest of established altcoins. So congrats for those who have high patience in hodling their coins for long term as they might be profiting months from now. Otherwise, if the price will dump again, then most likely the bear market is not over yet and we might experience more dumping of prices in the next days and months.

[eaLiTy]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

A bounce of $1500 and it is a recurring theme. It bounced and now you can see that the market is taking another break. To expect the market to reach an all time high valuation before the end of this year is a good Wishlist but that is not going to happen if you checked the past market performance. Considering these as opportunities to fill in your bag for the next halving and then the market will rally but this time around there are some barriers in the form of inflation and the fear of recession. So anything is possible in the next 4 years.

[romero121]

I don't think it's over. We're still in a bear market. I think these kinds of rises are to deceive us. In the bear market, you need to turn to other things. It makes me happy to earn something more or less with methods like testnet, airdrop, where we can earn free money. This is how I can spend the bear market efficiently and happily.

We're in the bear market. The price movement have turned good crossing $20k. Maybe for some time period this can move within the range of $20k to $21k same as it happened within $19k to $20k. As you've mentioned about the testnet airdrop, very few were getting eligible against a huge number of people's participation. So, everywhere luck have got its role.

[milewilda]

I don't think it's over. We're still in a bear market. I think these kinds of rises are to deceive us. In the bear market, you need to turn to other things. It makes me happy to earn something more or less with methods like testnet, airdrop, where we can earn free money. This is how I can spend the bear market efficiently and happily.

We're in the bear market. The price movement have turned good crossing $20k. Maybe for some time period this can move within the range of $20k to $21k same as it happened within $19k to $20k. As you've mentioned about the testnet airdrop, very few were getting eligible against a huge number of people's participation. So, everywhere luck have got its role.

Im not that confident yet we had been testing out 21-22-23k resistances for a while now and eventually been rejected and failed on having a break out and then suddenly the price had gone down again back on 18k
which im not really that much excited if this is totally the turnaround of the trend that we are currently experiencing.Bear market is over? We cant tell until we do see on breaking several resistances above.
The best thing to be done into those short traders is to make use of these movements to secure out profits and assure it.For those long term holders then it wont really be that much of an issue
nor a mindful thing for you to be in concern since you wont really be that caring nor be stressed at all.

[ChiBitCTy]

I'm not sure I feel that bitcoin hitting the 20k range is really a "bounce-back" nor do I have any level of certainty that we are out of the weeds at this point. I think a lot of it will continue to depend on global politics and global markets, as long as both of these aren't doing so well, I think we will continue to see the price of bitcoin lower or remain most stagnant.

I do have to say however, it's impressive as hell that bitcoin has hovered around 19/20k for as long as it has, shows maturity!

[Antonas1]

Seems like too many people are too worried about the bitcoin price right now.
If we buy bitcoin for the long term, why should we worry about the price this year? Why don't wait for the right time to sell it on our target? Asking if the bears are over or not will only enhance your panic.

[Agbe]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Yes I discovered it on Wednesday that Bitcoin has climb up to 20$ till now it has not come down that is a good indication that the price of Bitcoin has stable and it preparing to rise. Therefore the bear market is going to an end and the bull is going to take place as soon as possible. But some predicted early next year for the bull market to take place and some predicted late this year so if the bull come this year before the end of the year, I am not surprised again because I am not putting the bull in my mind for now.
Thinking of Bitcoin price in mind gives High Blood Pressure (BP). But when the bull happen, those who have stored at least some in their wallets will be Happy.

[Zaguru12]

Although this week has been great for bitcoin but that's not a guarantee to assume that the bear market is over. I think bitcoin is actually following the trait of last year where there was bull at late October. My assumption is bitcoin will revolve round the 20-25k figure and then hit another low come next due to the halve happening in 2024

[Sanitough]

As much as investors would want this to be true, unfortunately it is not. Bear market is very much available until btc halving i guess.
This 5% - 10% up is not an indication of a bull market, but some people get their hopes high seeing this type of occasional pump. I think traders have been rewarded these few days.

We will only consider that this will be the start of a bullish market once we start seeing 20% consistent price increase in all coins, but that is not happening as of today so most likely this is just another regular pump that will also dump later on. And as long as the bear market is here to stay, we won’t be able to see significant prices for bitcoin and altcoins.

[lixer]

I don't think it's over. We're still in a bear market. I think these kinds of rises are to deceive us. In the bear market, you need to turn to other things. It makes me happy to earn something more or less with methods like testnet, airdrop, where we can earn free money. This is how I can spend the bear market efficiently and happily.

We're in the bear market. The price movement have turned good crossing $20k. Maybe for some time period this can move within the range of $20k to $21k same as it happened within $19k to $20k. As you've mentioned about the testnet airdrop, very few were getting eligible against a huge number of people's participation. So, everywhere luck have got its role.

There is only a small recovery in btc price and it doesn't tell that there is an incoming bull run but it's possible that we can climb till $21k up to $24k but again we shouldn't expect a lot because the price won't likely cross $25k and beyond just like last time.

Testnet airdrops on the other hand are gaining popularity nowadays I guess that's because of that aptos nft where users got a decent reward but indeed it's all about luck. That is the main recipe right now for the airdrops. If we want something more surer then why not enter trading? Price still shows some recovery so it's possible to engage on them. We can also try working on some free lancing sites if we have some skills. There are so many ways for us to earn during this bear season.

[hyudien]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Anything can happen in a highly volatile market. Bitcoin and other Altcoins have phases that we cannot predict exactly. Some even think they will experience a bear market which makes the market respond very quickly. Always do research to review crypto market conditions as some factors increase or decrease due to more general world economic problems. But if you look at the market now, based on the timeframe it has been through Bitcoin has been reborn from its lows and we are now above $20K. So when a sharp decline occurs, it is difficult to say it lasts long. We are facing winter and the world cup people will withdraw their balance a bit to place bets and also buy some necessities in winter including Christmas.

[buwaytress]

If we're patting ourselves on the back for this, I won't know what we'll do to award anyone who makes it through new lows (they're coming, don't dream) and emerges in 2023/4/5 to claim a new ATH. Medals are cheap

Exactly this. Why is everyone so excited when Bitcoin makes even the slightest bump? For quite a few months now, Bitcoin has been ranging between $19.00 and $21.000 for quite a few months now. There weren't any significant gains, it didn't even reach $21.000, but somehow, Bitcoin's and Ethereum's rally is all over the internet. We have a long way to go to see any decent recovery. Continue holding and we'll be rewarded.

They're probably a lot more excited when Bitcoin takes a whiff of a dump, to be fair. Panicky sells they'll never talk about, compared to courageous holds they don't make but keep talking about heh.

But yeah, I prefer to be vocally pessimist, but long term hopeful and quietly optimist -- of course, that doesn't affect market in anyway, just that I think if we're going to be feeling self-congratulatory for only holding this long, we're probably setting ourselves up to miss the actual milestone (next ATH, baby!).

[Japinat]

I'm not sure I feel that bitcoin hitting the 20k range is really a "bounce-back" nor do I have any level of certainty that we are out of the weeds at this point. I think a lot of it will continue to depend on global politics and global markets, as long as both of these aren't doing so well, I think we will continue to see the price of bitcoin lower or remain most stagnant.

I do have to say however, it's impressive as hell that bitcoin has hovered around 19/20k for as long as it has, shows maturity!

The OP might have read somewhere about these so-called "crypto experts" and saying about some forecast that the bear season will end sooner than expected. We literally don't know about that yet, not even the creator SN can predict the market's situation. We might have some good signs in the market but just like you mate, I don't think it's a sign that bitcoin will have its much awaited bounce back.

[philipma1957]

A lot depends on Twitter sparking a massive Doge rally and the price of US savings bonds. Come Nov 1 the I bond will be adjusted along with a fed rate hike on Nov 2-3.

I think all of the above could serve to surge or cut the bulls.  Next week is critical .

[Maidak]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Yes I discovered it on Wednesday that Bitcoin has climb up to 20$ till now it has not come down that is a good indication that the price of Bitcoin has stable and it preparing to rise. Therefore the bear market is going to an end and the bull is going to take place as soon as possible. But some predicted early next year for the bull market to take place and some predicted late this year so if the bull come this year before the end of the year, I am not surprised again because I am not putting the bull in my mind for now.
Thinking of Bitcoin price in mind gives High Blood Pressure (BP). But when the bull happen, those who have stored at least some in their wallets will be Happy.

We've been under $20k for a long time and a lot of people are excited to see it go above $20k again but the gain was only 7% so it cannot be said that this is a sign of a bull market. For me this is just a slight rally and bitcoin will soon drop again in the next few days. Remember we are still in a bear market and the economy is still very volatile so it is impossible to say that the bulls are coming.

Many people are discouraged by the long bear season but be sober don't let these short-term greens fool us, bear season won't end anytime soon until the economy stabilizes again.

[Coin_trader]

A lot depends on Twitter sparking a massive Doge rally and the price of US savings bonds. Come Nov 1 the I bond will be adjusted along with a fed rate hike on Nov 2-3.

I think all of the above could serve to surge or cut the bulls.  Next week is critical .

This is so true! I believe the dump will be terrible if the Feds rate will imposed a new hike although Powell is already notified by some economist to slow down on increasing the interest which means there's a chance that the rate will lower and this mini bull run becomes a mid tier bull run until the next Feds meeting. 

I'm sure Doge hype will die very soon since it was already overbought while we are still on undecided market. Shorting or longing this shitcoin will be very dangerous due to it's high volatility state right now.

[Hamza2424]

Not a perfect word for it as i don't know for now as its done or not because Still we are facing some of the signals as we are still stuck but some of the signals confirm that bear market is ended and bottom confirmed. Point is the mainstream Bottom is expected to be 14k but its still unknown. What we need is some patience.

[Inwestour]

I'm sure Doge hype will die very soon since it was already overbought while we are still on undecided market. Shorting or longing this shitcoin will be very dangerous due to it's high volatility state right now.

After each pump, a dump comes, but what this pump is connected with is not clear, most likely it is the inflated news about a new purchase, and how quickly it took off so quickly it can fall. Temporary pump that risky guys can use. I have seen many advise about buying dogs, but this advice seemed crazy to me. Damn , it works!

[Twentyonepaylots]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Although it's good that the price made a significant pump, at least this will provide some relief to bitcoin hodlers who had endured the bearish runs for so long. Of course, the bet is on the bulls returning to the market once the resistance at $20000+ is broken. Otherwise, the price may pullback. However, once the resistance is broken and its price retraced and turned the resistance to support, then it will be obvious that the bulls had returned to the market. Still, we need to observe and wait.

[Rengga Jati]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

A positive signal in the era does not mean indicating that Bullrun will soon arrive. Especially if it is only based on a market increase that is only temporary. It takes a lot of things that are strong enough to start a bullish market. Usually, they will happen if Bitcoin Halving has occurred like in previous times. Maybe this is only a little increase that could be trapping us with a pseudo-increase. This is not a bounce price, just be calmer in every type of market increase or decrease.

[Oceat]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

A positive signal in the era does not mean indicating that Bullrun will soon arrive. Especially if it is only based on a market increase that is only temporary. It takes a lot of things that are strong enough to start a bullish market. Usually, they will happen if Bitcoin Halving has occurred like in previous times. Maybe this is only a little increase that could be trapping us with a pseudo-increase. This is not a bounce price, just be calmer in every type of market increase or decrease.

I don't see the point where the signal coming and why OP said it was going to be done. If they do mean the common natural growth then he's wrong this is just how the market works but it's not supposed to pump like it's a bull run. Bull run usually occurs after the halving of bitcoin. There's something that OP should know if it's a legit pump or a temporary pump such bull trap or when traders move like buying that would create a slight pump but not a massive pump.

[stomachgrowls]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

A positive signal in the era does not mean indicating that Bullrun will soon arrive. Especially if it is only based on a market increase that is only temporary. It takes a lot of things that are strong enough to start a bullish market. Usually, they will happen if Bitcoin Halving has occurred like in previous times. Maybe this is only a little increase that could be trapping us with a pseudo-increase. This is not a bounce price, just be calmer in every type of market increase or decrease.

I don't see the point where the signal coming and why OP said it was going to be done. If they do mean the common natural growth then he's wrong this is just how the market works but it's not supposed to pump like it's a bull run. Bull run usually occurs after the halving of bitcoin. There's something that OP should know if it's a legit pump or a temporary pump such bull trap or when traders move like buying that would create a slight pump but not a massive pump.

When we do speak about for those people who do really make out some claims just because they've seen it on technical indicators.
For example.
EMA signal
MACD
RSI(Divergences)

which you could really make out assumptions that there might be some switching up of trend which you cant really blame them on saying up these things
that this bear market would likely be over. We cant precisely predict on where the market would be going neither upward or downward.
This is why risk taking would be always a raised question on this particular condition.

[Minecache]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

We have been in bear season for 1 year and this is not the first time we see bitcoin rally during this bear season, it has happened many times and many people misunderstand like you and believe that bear season is about to end and give way to the coming bulls. I can tell you that with this increase is not enough to say that the bull season is coming, it is too early for the bear season to end.
We are still in a sick economy so can't expect to see more money flowing into the market for the bulls to return, the market will recover when the economy is better.

[Bazzu]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

We have been in bear season for 1 year and this is not the first time we see bitcoin rally during this bear season, it has happened many times and many people misunderstand like you and believe that bear season is about to end and give way to the coming bulls. I can tell you that with this increase is not enough to say that the bull season is coming, it is too early for the bear season to end.
We are still in a sick economy so can't expect to see more money flowing into the market for the bulls to return, the market will recover when the economy is better.

Indeed, if you look at the current economic conditions, it is not appropriate to call it a bear market that will end. but of course no one will know for sure about the market, because the market is hard to predict. because who knows the bull market will come. because if you look at the market now, I think it's still stable. and there is a possibility of going up too.

[Warkop]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

A positive signal in the era does not mean indicating that Bullrun will soon arrive. Especially if it is only based on a market increase that is only temporary. It takes a lot of things that are strong enough to start a bullish market. Usually, they will happen if Bitcoin Halving has occurred like in previous times. Maybe this is only a little increase that could be trapping us with a pseudo-increase. This is not a bounce price, just be calmer in every type of market increase or decrease.

I don't see the point where the signal coming and why OP said it was going to be done. If they do mean the common natural growth then he's wrong this is just how the market works but it's not supposed to pump like it's a bull run. Bull run usually occurs after the halving of bitcoin. There's something that OP should know if it's a legit pump or a temporary pump such bull trap or when traders move like buying that would create a slight pump but not a massive pump.

When we do speak about for those people who do really make out some claims just because they've seen it on technical indicators.
For example.
EMA signal
MACD
RSI(Divergences)

It won't be everyone's benchmark, sometimes it doesn't match expectations even under any circumstances..

which you could really make out assumptions that there might be some switching up of trend which you cant really blame them on saying up these things
that this bear market would likely be over. We cant precisely predict on where the market would be going neither upward or downward.
This is why risk taking would be always a raised question on this particular condition.

It looks like it's approaching the end of the year, and the signs of the end of the bear market are already being felt right now, although it's only assumed that we can at least study the history that existed a few years ago, and that will usually happen at the end of the year.  , the bull market we've been waiting for has arrived, at least having a pessimistic thought doesn't hurt..

[dlightag]

The cryptocurrency market is growing day by day, which many industries and individual are coming into the crypto, especially Bitcoin investment, that all eyes are into, which is the actually determine the crypto market movement, been Bitcoin (BTC) in other words bitcoin is the number one in the cryptocurrency market, while waiting for next bitcoin halving, the cryptocurrency market will be on bullish as a result of bitcoin in uptrend movement.

[FanEagle]

Bear market is not something that is just means "price is low", it means it's going down, in my mind we have been out of bear market for months now, and maybe that's just me but I found it to be relaxing. When was the last time we had a big crash? Months and months ago? When Luna happened? Aside from that I do not think that we really dropped that low.

This is why I believe that we shouldn't be really shocked with what we have right now, it's just a stable price and that's fine, as long as it's stable that means it can't hurt us. If you bought bitcoin at anywhere under 25k, that means you are doing fine, and you have been doing fine for nearly 6 months or so right? That's good, that's nothing to be scared of.

[Leviathan.007]

Because we do not have any valid signal to say the bear market is over, we cannot be particular about it, and in my own opinion since we are in a period when we expect lower prices, any bullish movement or even a side price movement can simply be a side correction to higher levels to make the situation ready to reach even lower levels, and unless we see enough reasons to say the bearish season is over on the market, that's what we can expect from the market.

[ajiz138]

Bear market is not something that is just means "price is low", it means it's going down, in my mind we have been out of bear market for months now, and maybe that's just me but I found it to be relaxing. When was the last time we had a big crash? Months and months ago? When Luna happened? Aside from that I do not think that we really dropped that low.

This is why I believe that we shouldn't be really shocked with what we have right now, it's just a stable price and that's fine, as long as it's stable that means it can't hurt us. If you bought bitcoin at anywhere under 25k, that means you are doing fine, and you have been doing fine for nearly 6 months or so right? That's good, that's nothing to be scared of.

Bearish will not last forever, of course there will be an end so stay relaxed, buy bitcoins evenly at low prices, isn't that the best way to hold Bitcoin with low prices?
Market crash, prolonged bearish, a lot of FUD we have experienced before this is almost the same situation as a few years ago if you are strong then facing a bear market there is an opportunity to stockpile more it is not about complaining the market is down, because it is natural that the situation is going down now with the world economy being unstable then I think we should keep calm.

[yazher]

Because we do not have any valid signal to say the bear market is over, we cannot be particular about it, and in my own opinion since we are in a period when we expect lower prices, any bullish movement or even a side price movement can simply be a side correction to higher levels to make the situation ready to reach even lower levels, and unless we see enough reasons to say the bearish season is over on the market, that's what we can expect from the market.

It will be over if we see continue increasing of the price every day like how it was before in the last bull runs. Today we only see slight movement which is kinda good for the crypto market since there are rumors that it will gonna go down further more in the future but they were wrong and thankfully we see a sign these past few days for the price to increase in the future instead of going down

[A-Kuber D]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

BTC and ETH go up and all of a sudden the bear market is over? It's just getting started.  Zoom out, look at the big picture. We've got a ways to go before this chart is bullish again. Survival mode now.

[The Cryptovator]

Do you think we can say goodbye bear? I don't think it's time to say it. Of course, am a Bitcoin fan and always like to see an uptrend. But sadly not happen what actually we want. Let's be realistic, for a few months Bitcoin playing in this zone. So it's not a big bull trend. It's a short trend and has to be stable for a few weeks above $20K. Then should grow slowly. Suddenly pumping and not staying above $20K won't be a good start to a bull. But hope soon or by the next year, we may see bull definitely.

[Hyphen(-)]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Predicting the cryptocurrency market at this point is overly optimistic; a small bounce back in Bitcoin price should not give us hope that the bear market is over, as it could be for one or two reasons; nonetheless, that's a sign that the market will bounce back soon, but as we can see, the market has begun to revert to its previous shape, as Bitcoin price has some red candles again today.
Let us always hope, take advantage of this bear market, and buy more to bolster your portfolio, because I am confident that there will be a gain letter.

[boyptc]

Bearish market can be over because the way I'm seeing the market it is seen that the market is getting to end and no body can predict if the market is going to be bearish market or is going to bullish market so that is why I cannot predict if the bearish market is over or the bullish market have started the market is something that we don't know the cycle.

If we'll conclude that it's already over. The cycle wasn't that followed correctly, it's way to quick if we'll conclude it that there's no more bear market.

But looking at bitcoin's move, with a few hundreds of motion up. That doesn't mean that it's over and it's hanging right now waiting again for some big news to come.

[RockBell]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Everything will be ready soon. According to people's opinions, the price returning to $20,000 is actually a positive indication for bitcoin and is likely to decline once more. I have this hunch that the bear market will conclude next year. The most crucial aspect of bitcoin is to hold onto your keys tightly and avoid selling under any circumstances. Since most believe that bitcoin will rise in value over time, many may find it tempting to sell if it stays at $20,000.

[Hispo]

I would not dare to say the bear market is over until we have gone through the christmas season of this year.
For some reason I always I associate the consumerism of the season with a high number of people (traders) who are likely to close or sell their positions in order to cover their personal and family expenses, they may need cash to buy gifts, food, gas and fuel to warm their homes, specially in Europe and United States.

I would expect the price to recover past this winter, during the mid or late spring.

[ChiNgadOr]

I think ultimately the bear market will be over probably sometime in the first quarter

We can only make assumptions but still yet we can be very lucky for our assumption to fall to the market behavior that will move along our expectations and what we speculate about. The only thing we should keep doing is to keep buying any coin project that we think will have a great movement when the market finally goes bull. More news and adoption is coming to the crypto market and we should expect more buying and selling but majorly buying which is going to push the market to the bull season.

[lepbagong]

Bearish market can be over because the way I'm seeing the market it is seen that the market is getting to end and no body can predict if the market is going to be bearish market or is going to bullish market so that is why I cannot predict if the bearish market is over or the bullish market have started the market is something that we don't know the cycle.

If we'll conclude that it's already over. The cycle wasn't that followed correctly, it's way to quick if we'll conclude it that there's no more bear market.

But looking at bitcoin's move, with a few hundreds of motion up. That doesn't mean that it's over and it's hanging right now waiting again for some big news to come.

it looks like the upcoming news will not be good and it is likely that the bear market will continue. because there have been many predictions issued by world bodies about how the world in 2023 will experience an economic crisis and many countries are queuing up to get bailout funds from the IMF.
Of course this will have an impact on the price of bitcoin, which will continue to correct, so don't expect bitcoin to recover soon, at the current price it's a pretty good thing if it doesn't drop below $15K.
hopefully there will continue to be news that can make bitcoin improve, but hope in the next halving phase is the most expected.

[Artem Sereda]

I'm not sure I feel that bitcoin hitting the 20k range is really a "bounce-back" nor do I have any level of certainty that we are out of the weeds at this point. I think a lot of it will continue to depend on global politics and global markets, as long as both of these aren't doing so well, I think we will continue to see the price of bitcoin lower or remain most stagnant.

I do have to say however, it's impressive as hell that bitcoin has hovered around 19/20k for as long as it has, shows maturity!

The energy crisis is also having a solid impact. I think that now there is a slight correction, following which it will become clear exactly where the price will move. The words of the author of the thread, "Bitcoin will reach a historical maximum by the end of the year," sound crazy.

[kinvan f]

History will always repeat itself, but every time the plot is different, the bear market is coming to an end.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.

[bitterguy28]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

is this the sign of Bear market likely over  ? can this be the real score?

https://coinmarketcap.com/


But the whole market is Bloody one again ? I think there is nothing we can expect for now and this November , it looks like the whales are moving again and yes they are doing what they think will bag them money.

[tjtonmoy]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

well as this one is an old post, and now we are here. BTC has fallen again. As I thought that sudden bounce in market price was a fake bullish indication. It was not so good to push BTC past the certain threshold. Which is I'm still thinking is the 25K price point.
Not sure what will be the lowest price point before BTC starts the next bull run but as the price shows now maybe we are at that point to fill our bags to hold.

[pixie85]

History will always repeat itself, but every time the plot is different, the bear market is coming to an end.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.

This end of 2022 will go down in history as one of the best periods to buy bitcoin.
All bear markets had this moment where the price was consolidating for months and then there was last attempt to flush newbies who were on the edge of selling. This is done to test if the market is still shaky or standing strong. This happened in November of 2018 and again this November.

I don't think the bear market is over yet. The downward trend will continue for a while. The value of Bitcoin is currently at $17k. Of course we know it has come a long way here. But not enough level for the bottom. I think it will fall below the $15k value. For this reason, I don't think the bear market will end next year either.

Wrong. The value of bitcoin is not 17k. It's the spot market price. Price is not value. Price is based on the last known trades that are usually performed on less than 0.1% of the supply of bitcoin on a given day. You rarely see even 1% of the supply change hands.

[Luzin]

History will always repeat itself, but every time the plot is different, the bear market is coming to an end.
What's more terrifying after going through the darkest moment of FTT? I don't think BTC will go any lower, the time has come.

Could this red be due to FTX issues. But since the FTX problem appeared, BTC has indeed experienced a sharp decline.  Many investors panicked. The problem here is that many large investors also sell the coins they hold. Even CZ seems to have sold FTX discounts. But after that  CZ making equalizations

This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire http://FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.

Is this CZ's business strategy? It seems that CZ took advantage of this situation. But I don't like Bearish coming back.  

[freedomgo]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

It is not really that likely to say that the bearish trend will end sooner, what happened to the market in the past weeks was just a slight correction but then again, I don't take it as a sign that bullish season is already approaching near. I mean, look at the market now, it took a steep decline like what happened last June. So, not really a good sign.

[RockBell]

The market bleeding might discourage people from just experiencing bear for the first time, so if you're buying in this period, you must remove emotions from it. Additionally, if you're considering investing in bitcoin, you have to lock up your mind because it's a long-term investment you buy now, and you HOLD to sell for a huge profit, but not everybody has that patience, most people want an investment that will yield quick money that's why many folks fall victim of a scam.

[Franctoshi]

The Binance CEO CZ and FTX saga has just melted the entire crypto market down, I do believe this is part of the game plan to crash the market. they're just using this as an excuse to cause panic selling in the market and crash the entire crypto market down in order for them to buy from the weak hands. Yesterday the market failed to close below $17500 the previous low, and today I'm curiously looking at how the market is gonna close too, regardless of the market manipulation I'm seeing going on right now.

Worst case scenario is we melt down to $12k we already touched $16k today, just few thousand dollars away from $12k.

[Blawpaw]

It doesnt seem that the Bear market is coming to an end. Alot of experienced traders have already warned that this could be the most long bear market in the history of cryptos. Capo, one of the most profitable traders in the industry and he already warned that the price my go downs as much as 10k.  Let's hope he and the others are wrong...

[coolcoinz]

The Binance CEO CZ and FTX saga has just melted the entire crypto market down, I do believe this is part of the game plan to crash the market. they're just using this as an excuse to cause panic selling in the market and crash the entire crypto market down in order for them to buy from the weak hands. Yesterday the market failed to close below $17500 the previous low, and today I'm curiously looking at how the market is gonna close too, regardless of the market manipulation I'm seeing going on right now.

Worst case scenario is we melt down to $12k we already touched $16k today, just few thousand dollars away from $12k.

Why 12k? Is this some kind of magical zone where the price has to go and stop?

Don't fall victim to those stupid youtube analysts who are imposing their own targets on you. These are targets where they want to buy and the more people repeat their mantra the bigger the chance they'll get to buy on the level they want. For some it's 10k, for others 12, for others 15 but really there's no such level. Everything below 20k is uncharted territory because bitcoin never went below the old ATH and bitcoin was never used for leverage the way it is now.

In my opinion everything below 20k = deep shit and it doesn't matter if it's 18 or 15k. Below 20 means trouble for miners and the whole economy. Also, everything below 20 is a buy zone.

[Franctoshi]

Worst case scenario is we melt down to $12k we already touched $16k today, just few thousand dollars away from $12k.

Why 12k? Is this some kind of magical zone where the price has to go and stop?

Don't fall victim to those stupid youtube analysts who are imposing their own targets on you. These are targets where they want to buy and the more people repeat their mantra the bigger the chance they'll get to buy on the level they want. For some it's 10k, for others 12, for others 15 but really there's no such level. Everything below 20k is uncharted territory because bitcoin never went below the old ATH and bitcoin was never used for leverage the way it is now.

This is base on my own analysis and what I saw from the chart, I'm a TA analyst and I don't rely on anyone's analysis to actually come out with mine, and too different traders have their own view of the market. Taking a good look at the monthly chart, we have a strong order block at $12k- $11k level which has not been tested since we broke out to hit the ATH @$69k, therefore for the market to break the $17k lows, the next support level for the market to visit is $12k, Currently the market is at $15k.

[Crypto-Ivan]

We are currently in a bear market. If you survive a bear market, you can generally make money. With this market structure, be patient and hold on, and the next bull run may bring you results.
In the crypto market, we cannot judge the trend in the next few months, but I believe that one day when the economy improves, the market will recover and there will be dawn.

[Ris88]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

the price of bitcoin experienced a drastic price drop and caused a new low price currently around $15k that's not good news seeing the price getting worse because the panic that occurred from binance's acquisition of FTX spread on social media twitter, it created panic and speculation, I'm not sure the price will recover quickly if this problem is not resolved properly

[Merit.s]

Bitcoin is facing the bear market recently and I know that it only the people that are patient with their Bitcoin Holdings  will benefit after this period when Bitcoin hits the bull market again. Panic should not be the only option as those that don't understand Bitcoin volatile nature will end up selling their investments unknowingly to them that there will be a bull market coming up.
This is the best time to buy Bitcoin during the  bear market for you to gain profit when you invest in a long term run. Nobody can tell the lowest price it will dip to before it will go up again 15k is the lowest we have seen this year but we should be strong even if Bitcoin gets below $10k because it is still serving the purpose Satoshi created it for.

[kennycarder]

I don't think it's right to say we're in a bear market right now. If we were in a bear market, the value of bitcoin would be below $10,000. After the period of decline we have experienced, we are currently in a pause period for a while. As far as I'm concerned, this period will continue in this way for a little longer. From time to time, there will be small-scale rises in the market. But I think that there are at least 1.5 years for the bull market to start exactly.

Bull market in 2024? However, the halving of Bitcoin is closely related to the world economic environment. When the world enters the global economic crisis, I feel that the bull market will be delayed. I don't know about other countries, but the war and the epidemic are not over. I am not optimistic about the future. This winter will be very cold.

[Lida93]

It's quite obvious that OP himself is just being speculative about the market just like every other person's and that why he said "likely over. For a newbie that fail to get an understanding of the statement or language  may take it to heart to rush in to buy with the idea that the market bearish period is just to elapse in no time only.  lol.

One uniqueness about the market is that we can't really be sure about the it next actions and inaction. As a trader you only take an action towards the market based on your speculations, and critical analysis hoping for it to work out in your favor.

This particular bear period is unlike what we have experienced in the past, it's one much longer than any I have ever seen in the market and it's only those that are patient enough to hold for long that can survive it. Of course the market price will always consolidate to giving hope to traders but that can't be justified as bear market being likely over.

[kro55]

I don't think it's right to say we're in a bear market right now. If we were in a bear market, the value of bitcoin would be below $10,000. After the period of decline we have experienced, we are currently in a pause period for a while. As far as I'm concerned, this period will continue in this way for a little longer. From time to time, there will be small-scale rises in the market. But I think that there are at least 1.5 years for the bull market to start exactly.

Bull market in 2024? However, the halving of Bitcoin is closely related to the world economic environment. When the world enters the global economic crisis, I feel that the bull market will be delayed. I don't know about other countries, but the war and the epidemic are not over. I am not optimistic about the future. This winter will be very cold.

I agree that the market situation is closely related to the general economic situation of the world, but from here until the halving is very long, we have more than 500 days to get there. And as we are seeing, although the war shows no sign of abating, inflation is starting to fall and the Fed has also announced it will slow down the rate hike, showing that we are gradually getting more stable. There's really no guarantee that the market will uptrend after the halving but let's hope for that, let's hope history repeats itself.

[LDL]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Bitcoin's bear market is not over yet, nor can you or I say for sure when it will be.  But a wise and regular investor can have some idea.  From my little knowledge, I am giving the impression that usually at the end of the year especially October, November, December on the occasion of Christmas day, Bitcoin and cryptocurrency market is a bit bullish.  The market was bullish at the end of 2020, and the market was bullish at the end of 2021.  By the end of 2022, the market will be somewhat upward, that is, the market may be close to 20 thousand.  I guess that's 100% true isn't it?

[adzino]

You see. This is how the crypto market works. A small spike in the price and it made you think that the bear market was over. But who knew that the FTX exchange would end up collapsing? This unpredicted event once again caused the whole market to crash. The price went to new lows. This why everyone should be aware that the crypto market is completely unpredictable and people should not rely on those "bullish" or "bearish" signals to make their investment. Yes, they do help a little, but don't go all in based on those signs.

[sulendra12]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

We are still at $16.5k - $17.k in past few weeks, bear market is not over yet for Bitcoin.

Many people says Christmas or New year doesn't really affect the price of Bitcoin but in my experience it does where people sell their assets for their big event things and the price is slightly change on that day whether it's pump or not, it's not that big change but for sure it can make lot of impact on that day. We might see the price move again this December.

[SOKO-DEKE]

Nobody can say that bear market it getting to be over, the bear market always depend on situation in ground some situations like, inflation which normally effects the economy, thing war that happened recently between Russia and Ukraine, also problems of exchange broken down. So we are expecting bounce back in price of Bitcoin and some coins if this situation stop happening and more people are investing in it and time adopting.

Bear market will likely to be over if we are not out of this silly situation, especially the rules exchanges are playing nowadays hacking of exchanges likely what happens to FTX exchanges recently. These are the  particular things that discourage the investors and stop peoples from adopting Bitcoin or crypto generally.

[Yatsan]

Nobody can say that bear market it getting to be over, the bear market always depend on situation in ground some situations like, inflation which normally effects the economy, thing war that happened recently between Russia and Ukraine, also problems of exchange broken down. So we are expecting bounce back in price of Bitcoin and some coins if this situation stop happening and more people are investing in it and time adopting.

Bear market will likely to be over if we are not out of this silly situation, especially the rules exchanges are playing nowadays hacking of exchanges likely what happens to FTX exchanges recently. These are the  particular things that discourage the investors and stop peoples from adopting Bitcoin or crypto generally.

It will only be over once there is a "run" or simply, when bullish pattern is visible already. It would be easy to say once such thing occur; most of the cryptocurrencies are in green marks, one after another price ceiling is being broken. This is also the time entering would be a good idea to ride with the upward movement. But that is indeed right; we or no one knows when will this direction occur to the market prices. Recently, a pump was seen which made high hopes for the investors that the market could recover before this year end. But after just a day, the market is again down. This simply instance is the proof how volatile the market prices are. Accurate prediction is close to impossible.

[crunck]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

We are still at $16.5k - $17.k in past few weeks, bear market is not over yet for Bitcoin.

Many people says Christmas or New year doesn't really affect the price of Bitcoin but in my experience it does where people sell their assets for their big event things and the price is slightly change on that day whether it's pump or not, it's not that big change but for sure it can make lot of impact on that day. We might see the price move again this December.

Yes, it has always happened before, people will sell bitcoin to use on those big days, I believe bitcoin will fall further this month not a bull run as many expect. My prediction bitcoin can't break through 18k4 resistance before year end. But I hope  when the Fed announces the bitcoin interest rate will increase slightly for everyone to take profit and then there will be dump days because of Christmas or New Year.

[Casdinyard]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

  There were signs of a false bull last few months ago which prolly made people think that the bear market is already over, of course seeing how things are going now, it is not the case, although it could be argued that the current stagnation and the prior dip in price was caused by serious allegations surrounding the cryptocurrency industry last month which may have prompted some new investors and some seasoned ones to pull their assets out for the meantime. Whatever the reason may be, the main thing we should all be aware and vigilant about is the Christmas and New Year seasons, when people are most expected to pull most of their assets to cover for their expenses with the ensuing festivities.

[Gyfts]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

Never ceases to amaze me how baseless the speculation can be. We're a few weeks away from the end of the year and the likelihood of an ATM is virtually zero.
Bitcoin's utility goes far beyond crypto day trading so it's to my dismay to see folks perhaps not see the bigger picture. The price today, tomorrow, or next year is not really the end game anyways. BTC reaches another ATM, and then what?

Anyway, given the recent FTX drama and poor economic indicators for the global economy, my expectation is for the current state of the market to last well into next year before we see even the slightest amount of relief. I'm not concerned, neither should you be. Bitcoiners are used to this. We've been through much worse.

[inthelongrun]

Although the bitcoin price is recovering from the effects of the FTX scam, I consider the whole market as bearish until the year of the halving. What we have seen right now is just a recovery from the big bad news that shocked the whole financial system with a huge indirect impact on bitcoin the leading cryptocurrency. I expect next year as better than this year but still, it will have its ups and downs. The danger that I am looking into is if the war in Ukraine doesn't stop and its allies will play an indirect war which will be focused on economies.

[Cryptmuster]

There were signs of a false bull last few months ago which prolly made people think that the bear market is already over, of course seeing how things are going now, it is not the case, although it could be argued that the current stagnation and the prior dip in price was caused by serious allegations surrounding the cryptocurrency industry last month which may have prompted some new investors and some seasoned ones to pull their assets out for the meantime. Whatever the reason may be, the main thing we should all be aware and vigilant about is the Christmas and New Year seasons, when people are most expected to pull most of their assets to cover for their expenses with the ensuing festivities.

During the New Year holidays, people spend more money, but I am sure that this does not concern investors and this will not affect their investments in any way. I also do not remember that there were prerequisites for the end of the bear market, since the sequence of negative events followed one after another and this each time lowered the price lower and lower. Also, do not wait for everything to end and there will be growth, now you need to follow the news, because I think that they can continue to throw negative things for us.

[Agbe]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

I have not seen the bear market coming over in any time soon. It is now that the bear is about to start. Because it has not reached the speculated amount of 10$. Anyone saying that the bear market basket is coming to end is deceiving him or herself. Since we are in one the worst bear market in the Crypto space, this is the best time to buy and hodle it for the ATH. As the OP said, before you buy and hodle,. You have to know your financial status. If you keep all your savings to buy cryptocurrency, you might have issue with your family. Therefore, buy wisely. Enjoy btje bear market. Tour the bear Marlet.

[AicecreaME]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

I have not seen the bear market coming over in any time soon. It is now that the bear is about to start. Because it has not reached the speculated amount of 10$. Anyone saying that the bear market basket is coming to end is deceiving him or herself. Since we are in one the worst bear market in the Crypto space, this is the best time to buy and hodle it for the ATH. As the OP said, before you buy and hodle,. You have to know your financial status. If you keep all your savings to buy cryptocurrency, you might have issue with your family. Therefore, buy wisely. Enjoy btje bear market. Tour the bear Marlet.

I agree.

I thought Bitcoin is gonna hold up in the price of $20,00-$21,000 but it drops even more last week, if I'm not mistaken. Bear marker also gonna surprise us on how low it can get before bull market surprise us on how high it can get next time it will happen. Buying indeed every dip is a good move but don't forget the saying that "don't put all the eggs in one basket" because it might give you a lot of risk and regrets.

[akuntester1]

I think all the predictions and speculation about the end of the bear market are not necessarily accurate.
Many methods and analyzes have been presented, it's just that we don't know yet whether the analysis will actually take place.
No one can guarantee and know for sure when the bear market will end.
Currently I'm still holding on and staying patient to focus on long term targets.
I believe Bitcoin will print a new peak that has not been reached before.

[posi]

Although the bitcoin price is recovering from the effects of the FTX scam, I consider the whole market as bearish until the year of the halving. What we have seen right now is just a recovery from the big bad news that shocked the whole financial system with a huge indirect impact on bitcoin the leading cryptocurrency. I expect next year as better than this year but still, it will have its ups and downs.

There is no doubt that the bull run will not show up any time soon, and what we are seeing now is a short-term rally that will not last for long. It is my opinion that the bull run won't start until the halving happens, history will repeat itself.

The danger that I am looking into is if the war in Ukraine doesn't stop and its allies will play an indirect war which will be focused on economies.

That's what I'm thinking too. What will the market be like if in 2024 when the war is not over, the economy is still under the pressure of the war? Bitcoin will still increase regardless of the world economy, or we are still affected by the world economy.

[suzanne5223]

I think all the predictions and speculation about the end of the bear market are not necessarily accurate.
Many methods and analyzes have been presented, it's just that we don't know yet whether the analysis will actually take place.
No one can guarantee and know for sure when the bear market will end.
Currently I'm still holding on and staying patient to focus on long term targets.
I believe Bitcoin will print a new peak that has not been reached before.

Yes, the prediction will always be speculation and can't be accurate always but there are certain sensations in the market that can be used to predict the market's accurate next movement.
Technically, the bear is not over and I don't see the bullish happening this year this of the damage and fear of the FTX and other crypto firms going bankrupt that's happening lately not to mention the hacking issue. What we are seeing in the market never is just flash surges in price to complement the market.

[Iranus]

I think all the predictions and speculation about the end of the bear market are not necessarily accurate.
Many methods and analyzes have been presented, it's just that we don't know yet whether the analysis will actually take place.
No one can guarantee and know for sure when the bear market will end.
Currently I'm still holding on and staying patient to focus on long term targets.
I believe Bitcoin will print a new peak that has not been reached before.

Yes, the prediction will always be speculation and can't be accurate always but there are certain sensations in the market that can be used to predict the market's accurate next movement.
Technically, the bear is not over and I don't see the bullish happening this year this of the damage and fear of the FTX and other crypto firms going bankrupt that's happening lately not to mention the hacking issue. What we are seeing in the market never is just flash surges in price to complement the market.

To put it more simply, the bear season won't end anytime soon until we get to the halving, I still believe history is repeating itself, we will only see the bulls when the halving happens. Predicting when the bear season will end is pointless and time-consuming, instead, we should focus and take advantage of this moment to collect as many bitcoins as possible. If the bear season ends earlier than expected and the bull season comes, and we don't have a lot of bitcoins, the upside will also be futile.

[borovichok]

To put it more simply, the bear season won't end anytime soon until we get to the halving, I still believe history is repeating itself, we will only see the bulls when the halving happens. Predicting when the bear season will end is pointless and time-consuming, instead, we should focus and take advantage of this moment to collect as many bitcoins as possible. If the bear season ends earlier than expected and the bull season comes, and we don't have a lot of bitcoins, the upside will also be futile.

The bear market have been for a lengthy period and it's not leaving anytime soon. It's important to study the market and how it operates, it's very crucial to get profits in the beR market, because most projects dump while some rise during this period. The bear market will last throughout the year and might likely start pumping probably by next year. We should take our time to gather on more promising projects after the bear season, rather than stuck on complaining about the massive dump of coins.

[OgNasty]

If you’re a hardcore believer of the 4-year block reward halving cycle then you would definitely be looking at this current pricing as the bottom of the bear market. The timing fits perfectly. There are still some things hanging over the market as a whole, but I think those accumulating now will likely support the market going much higher. Anyone who got in under $16K will likely be very happy in a couple years if they can hold on.

[serjent05]

Although the bitcoin price is recovering from the effects of the FTX scam, I consider the whole market as bearish until the year of the halving. What we have seen right now is just a recovery from the big bad news that shocked the whole financial system with a huge indirect impact on bitcoin the leading cryptocurrency.

I hope this recovery continues and settle around $20k until the halving which indicates a bull run in the previous history of Bitcoin price.  The news about Brazil accepting Bitcoin as mode of payment also help in this recovery because speculators can think that Brazil can bring a huge impact if the majority of its citizen participate in the process of Bitcoin adoption.

I expect next year as better than this year but still, it will have its ups and downs. The danger that I am looking into is if the war in Ukraine doesn't stop and its allies will play an indirect war which will be focused on economies.

Hopefully, the nearing of the halving event will have a huge effect on the price next year.

If you’re a hardcore believer of the 4-year block reward halving cycle then you would definitely be looking at this current pricing as the bottom of the bear market. The timing fits perfectly. There are still some things hanging over the market as a whole, but I think those accumulating now will likely support the market going much higher. Anyone who got in under $16K will likely be very happy in a couple years if they can hold on.

Yeah, this time is accumulation time, and the earlier people accumulate the better the price recovers and the higher the possible new ATH of Bitcoin will be.

[Elena_Rodriguez]

Though the question was raised here long back but this still relevant for this day.

Bitcoin is displaying some stability, as the prices have crossed $17,000 this day (5th Dec 2022) it appears that the crypto market has entered a recovery mode.  The tokens are holding above the lower support, despite the fact that bears are still mounting significant pressure. This means that the chance of a rebound could be determined as the crypto market seems to be in the process of preparing for a rally of relief.

According few crpto expert analyst like Michael van de Poppe, Jason Pizzino and news site Coinpedia a steady rise in volumes could push the bitcoin price to maintain a steep upswing to regain levels above $20,000 very soon, and bitcoin price prediction 2023 could reach to to $43,959.19.

I would suggest you to have a detailed read at https://coinpedia.org/price-prediction/bitcoin-price-prediction which is analysed taking all bearish trend in consideration.

[Smartprofit]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

It is likely that the end of the bear market will coincide with the end of the recession in the global economy. 

The strengthening of the US dollar does not contribute to the rise in the price of Bitcoin.  Currently, there is an increase in discount rates (refinancing rates).  These regulatory measures lead to the strengthening of the US dollar, and, accordingly, a decrease in the prices of all risky assets (including technology stocks and Bitcoin).  Under these conditions, it is premature to talk about the end of the bear market. 

At the same time, in my opinion, Bitcoin is currently heavily oversold.  The price of Bitcoin should be significantly higher.

[Asuspawer09]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

It is possible since the market is unpredictable, most of the time, if there is a huge movement in the market most likely the price, could easily skyrocket, and then suddenly people become interested again in cryptocurrency and want to invest their money in it.

But at the same time, it is not that easy even though cryptocurrency is volatile and could quickly skyrocket it doesn't mean that it is going to happen, It is possible but it doesn't mean that it is going to happen.

On how the market moves at this moment I think the bear market is going to stay and could take years to become we experience the next bull run. Slowly I could see a lot of cryptocurrency news and I can see that it's gaining momentum at the moment, It is going to recover soon for sure.

[Diuyen Kim]

You can make money whether you are in a bear market or a bull market. Now the price of Bitcoin cannot be directly increased by 80% in one breath. Prices can only increase slowly. Everyone can only guess the price trend, but it is impossible to determine the specific period. But I think bitcoin will continue to rise in price next year. Early access to the market is now available.

[Iranus]

To put it more simply, the bear season won't end anytime soon until we get to the halving, I still believe history is repeating itself, we will only see the bulls when the halving happens. Predicting when the bear season will end is pointless and time-consuming, instead, we should focus and take advantage of this moment to collect as many bitcoins as possible. If the bear season ends earlier than expected and the bull season comes, and we don't have a lot of bitcoins, the upside will also be futile.

The bear market have been for a lengthy period and it's not leaving anytime soon. It's important to study the market and how it operates, it's very crucial to get profits in the beR market, because most projects dump while some rise during this period. The bear market will last throughout the year and might likely start pumping probably by next year. We should take our time to gather on more promising projects after the bear season, rather than stuck on complaining about the massive dump of coins.

Bear market is only suitable for us to accumulate, not to make a profit, if you are not a trader, it is hazardous to try to make a profit during the bearish season. I wouldn't risk making only 10%-15% profit but risk losing it all when investing in altcoins. After the crash of Luna and FTX, I'm trying to accumulating bitcoins and not investing in altcoins because the risk is too high right now, not worth putting up with the risk.

[BinarySumo]

Nobody knows that. But you should take advantage of such movements. Personally, I think this is a great buying point and if you can take the risk, buy some coins.

[Chrlie95]

It is difficult to predict how long the market will experience bear phase or not in the near future. However, there are strategies that can potentially help you benefit from the market's movements. Keep an eye out for the financial health behind the projects and analyse the market deeply.

[MoonOfLife]

Nobody knows that. But you should take advantage of such movements. Personally, I think this is a great buying point and if you can take the risk, buy some coins.

It is impossible to predict when the bear market will end or when the bull market will arrive, tt is not possible to make predictions with a specific time. But there is one thing we need to pay more attention as you say that is buying when bitcoin drops and holding until it rises again.

[GeorgeJohn]

too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much

Situation of Bitcoin right now shows that bitcoin of 2022 ending with bearish market, when this thread was made or created, Bitcoin price was at state of twenty thousand (20k) and nineteen to eighteen thousand (19-18k), so since date till now we have continuously experiencing down fall of cryptocurrency and especially bitcoin, in Bitcoin i believe that the investment is something what we can do with a clear trust and believe. Panicking for Bitcoin investment always lead us to down fall.

[ZAINmalik75]

In my mind Its very hard or we can say little bit impossible to predict that bear market is over or something else. In previous days when Bitcoin confirm his support approximately above the 20k everyone told and show indication that bear market is about to over and now we will move toward previous All Time High to break. But everything goes against him and the main reason was FTX scam as a result many of trader liquidate  Thier funds who follow the statement, so you must do much research before trade rather than following the footsteps of others

[Thuy Anh]

This is uncertain. Many things may happen in an instant in the market, and everyone's prediction has no other interference items. If there are a few more well-known projects running away, the price of Bitcoin may drop sharply. If many good projects appear to attract more people to the cryptocurrency market, the price of Bitcoin will rise sharply. For now, nothing else of importance is going to happen. Me, we can only do our own investment plan step by step to increase our income.

[Cryptmuster]

In my mind Its very hard or we can say little bit impossible to predict that bear market is over or something else. In previous days when Bitcoin confirm his support approximately above the 20k everyone told and show indication that bear market is about to over and now we will move toward previous All Time High to break. But everything goes against him and the main reason was FTX scam as a result many of trader liquidate  Thier funds who follow the statement, so you must do much research before trade rather than following the footsteps of others

So far, there are no signs that the bear market is over, moreover, they are constantly trying to show us negative news that does not allow bitcoin to start its upward movement. I think that after this accumulation zone, we will have a final downward movement, but it is difficult to say where bitcoin will fall to what mark. But I wouldn't be surprised if we see a price of 10k.

[coupable]

In my mind Its very hard or we can say little bit impossible to predict that bear market is over or something else. In previous days when Bitcoin confirm his support approximately above the 20k everyone told and show indication that bear market is about to over and now we will move toward previous All Time High to break. But everything goes against him and the main reason was FTX scam as a result many of trader liquidate  Thier funds who follow the statement, so you must do much research before trade rather than following the footsteps of others

So far, there are no signs that the bear market is over, moreover, they are constantly trying to show us negative news that does not allow bitcoin to start its upward movement. I think that after this accumulation zone, we will have a final downward movement, but it is difficult to say where bitcoin will fall to what mark. But I wouldn't be surprised if we see a price of 10k.

All predictions indicate that the coming year will be worse than its predecessors for the crypto market and the global economy as a whole. The bad news will not stop recurring, given that the decline in the Bitcoin market directly serves banks and fiat money dealers. Most likely, the price did not improve until the next halving. What happened during the last period of the fourth quarter of this year was catastrophic in a way that the market could not recover quickly from.

[mumang siat]

In my mind Its very hard or we can say little bit impossible to predict that bear market is over or something else. In previous days when Bitcoin confirm his support approximately above the 20k everyone told and show indication that bear market is about to over and now we will move toward previous All Time High to break. But everything goes against him and the main reason was FTX scam as a result many of trader liquidate  Thier funds who follow the statement, so you must do much research before trade rather than following the footsteps of others

Given the word maybe actually this is still in a state of 50% happening 50% not happening, and what I have seen so far there are no indicators or signs that it will not be long before the market trend is up or the green market is not yet clear, the market chart I see now is still within the red Trend area or the downtrend market. It looks like according to my prediction the Bear Market will continue until the end of December.

[Jating]

In my mind Its very hard or we can say little bit impossible to predict that bear market is over or something else. In previous days when Bitcoin confirm his support approximately above the 20k everyone told and show indication that bear market is about to over and now we will move toward previous All Time High to break. But everything goes against him and the main reason was FTX scam as a result many of trader liquidate  Thier funds who follow the statement, so you must do much research before trade rather than following the footsteps of others

So far, there are no signs that the bear market is over, moreover, they are constantly trying to show us negative news that does not allow bitcoin to start its upward movement. I think that after this accumulation zone, we will have a final downward movement, but it is difficult to say where bitcoin will fall to what mark. But I wouldn't be surprised if we see a price of 10k.

All predictions indicate that the coming year will be worse than its predecessors for the crypto market and the global economy as a whole. The bad news will not stop recurring, given that the decline in the Bitcoin market directly serves banks and fiat money dealers. Most likely, the price did not improve until the next halving. What happened during the last period of the fourth quarter of this year was catastrophic in a way that the market could not recover quickly from.

Yes, there are still a lot of events that can affect not just bitcoin, but traditional market as well. The war between Russia vs Ukraine and it could still escalate even further till next year. And the longer we have this war, the longer that everyone will suffer. Although there is sign the some economies of other country is taking off post-Covid, most likely it will take a lot of time before we can fully recover, just saying. So the bear market will still continue in 2023 so we should prepare for the worst, because it will be unpleasant for the majority specially if we touch another lowest low.

[carlfebz2]

In my mind Its very hard or we can say little bit impossible to predict that bear market is over or something else. In previous days when Bitcoin confirm his support approximately above the 20k everyone told and show indication that bear market is about to over and now we will move toward previous All Time High to break. But everything goes against him and the main reason was FTX scam as a result many of trader liquidate  Thier funds who follow the statement, so you must do much research before trade rather than following the footsteps of others

So far, there are no signs that the bear market is over, moreover, they are constantly trying to show us negative news that does not allow bitcoin to start its upward movement. I think that after this accumulation zone, we will have a final downward movement, but it is difficult to say where bitcoin will fall to what mark. But I wouldn't be surprised if we see a price of 10k.

All predictions indicate that the coming year will be worse than its predecessors for the crypto market and the global economy as a whole. The bad news will not stop recurring, given that the decline in the Bitcoin market directly serves banks and fiat money dealers. Most likely, the price did not improve until the next halving. What happened during the last period of the fourth quarter of this year was catastrophic in a way that the market could not recover quickly from.

Yes, there are still a lot of events that can affect not just bitcoin, but traditional market as well. The war between Russia vs Ukraine and it could still escalate even further till next year. And the longer we have this war, the longer that everyone will suffer. Although there is sign the some economies of other country is taking off post-Covid, most likely it will take a lot of time before we can fully recover, just saying. So the bear market will still continue in 2023 so we should prepare for the worst, because it will be unpleasant for the majority specially if we touch another lowest low.

Economic issues or negative events could really neither  give or not give some impact on crypto market this is why it is really hard to guess and really hard to make out some step due to unpredictability.

If we do speak about ending of bear market then this is something that you cant really be able to consider on point considering that there are lots of fake pumps or to those casual increase of price
on a certain situation which people whom do believe that this might be the start of the reversal which is something that dont happen most of the time.

There's no way we could able to determine if its already over or we are still needing to wait for more longer years or months to come.

[Japinat]

There's no way we could able to determine if its already over or we are still needing to wait for more longer years or months to come.

It will only be over once the bull run will start, also, at the current price, it's not safe yet if this will stop at this range, anything can happen mate, this is crypto and everything is very unpredictable, the only thing that I'm certain is when the price is too low, that's a sign that we should already invest.

We usually have a good December, but this time the price is very low, so let's take this opportunity to invest rather than worrying market situation.

[Falconer]

It will only be over once the bull run will start, also, at the current price, it's not safe yet if this will stop at this range, anything can happen mate, this is crypto and everything is very unpredictable, the only thing that I'm certain is when the price is too low, that's a sign that we should already invest.

We usually have a good December, but this time the price is very low, so let's take this opportunity to invest rather than worrying market situation.

The price currently tends to be sideways although some small increases and corrections are still possible.
Of course we never know when this bear market will end, but recovery can certainly be expected. I'd be more likely to recommend someone invest during this bear market instead of waiting for confirmation the market is recovering, the reason being of course bitcoin has been in the low price so far since ATH.

If someone is not brave enough to invest in bitcoin during the 75% drop, then I don't know what percentage loss they can expect from bitcoin until they are willing to invest with it. I don't expect the decline to reach 80% - 85%, that means I still hope bitcoin can maintain its current price.

[Jody.Drummer]

All predictions indicate that the coming year will be worse than its predecessors for the crypto market and the global economy as a whole. The bad news will not stop recurring, given that the decline in the Bitcoin market directly serves banks and fiat money dealers. Most likely, the price did not improve until the next halving. What happened during the last period of the fourth quarter of this year was catastrophic in a way that the market could not recover quickly from.

I'm still looking at it from the bright side now because indeed if this possibility is true then indirectly bitcoin will still survive at this price or possibly have a lower price than this. That means it's still a good thing to buy and in my current state it's actually a godsend because regardless this is a pretty low price so it's still a very good buy for this with the money we put aside as a portfolio addition again and again. Even though there are still many people who still hope that this will increase quickly, why not make good use of this so that we can get the most out of this decline.

[GigaBit]

Although the price increase on some coins in recent days has increased again, but I am not sure that the bear market will end soon, because for now there are still many things that must be completed by the platform to recover the price of coins that have fallen dramatically, so do not rush to feel relieved by the current price increase, and we can see the experience we feel for the previous year the market situation can grow up to 4 years long so now I don't think it's time to feel the bear market is over yet.

Bitcoin has seen positive behavior in recent times. But that doesn't signal the end of the bear market. Actually i am not concerned with either bear or bullish trends. Because i still haven't finished buy as i hoped. I am trying to increase my holding by doing some things using DCA method. Due to which i have no interest in the ups and downs of Bitcoin. I will be satisfied when I can organize the portfolio to the best of my ability. I know bitcoin won't stay the way it is. I am not worried about the present time. I am trying to create a position where i can achieve my goals in the next 4-5 years. Which can refrain me form anxiety. I have no short term thoughts on Bitcoin. After all, as the current market is in dip, i might be able to see some uptrend movement of Bitcoin soon but that will not recognize the sign of ending bitcoin bearish period.

[satscraper]

In my humble opinion, it will over approximately in May-June 2023 when bill regulating the use BTC as payment in Brazil will  go into effect. More than 200 millions population  of Brazil may positively effect cryptomarket.

[serjent05]

In my humble opinion, it will over approximately in May-June 2023 when bill regulating the use BTC as payment in Brazil will  go into effect. More than 200 millions population  of Brazil may positively effect cryptomarket.

I somehow disagree.  I do not think the implementation of Bitcoin in Brazil as a mode of payment will automatically tap these populations and make these population adopt Bitcoin.  I think Brazil needs years before Bitcoin is adopted by the majority of its population.  The news may bring bullish sentiment but it doesn't mean transitioning the bear market to bull market.  It may positively affect but the effect is not enough to make the market bullish.

[Jating]

In my mind Its very hard or we can say little bit impossible to predict that bear market is over or something else. In previous days when Bitcoin confirm his support approximately above the 20k everyone told and show indication that bear market is about to over and now we will move toward previous All Time High to break. But everything goes against him and the main reason was FTX scam as a result many of trader liquidate  Thier funds who follow the statement, so you must do much research before trade rather than following the footsteps of others

So far, there are no signs that the bear market is over, moreover, they are constantly trying to show us negative news that does not allow bitcoin to start its upward movement. I think that after this accumulation zone, we will have a final downward movement, but it is difficult to say where bitcoin will fall to what mark. But I wouldn't be surprised if we see a price of 10k.

All predictions indicate that the coming year will be worse than its predecessors for the crypto market and the global economy as a whole. The bad news will not stop recurring, given that the decline in the Bitcoin market directly serves banks and fiat money dealers. Most likely, the price did not improve until the next halving. What happened during the last period of the fourth quarter of this year was catastrophic in a way that the market could not recover quickly from.

Yes, there are still a lot of events that can affect not just bitcoin, but traditional market as well. The war between Russia vs Ukraine and it could still escalate even further till next year. And the longer we have this war, the longer that everyone will suffer. Although there is sign the some economies of other country is taking off post-Covid, most likely it will take a lot of time before we can fully recover, just saying. So the bear market will still continue in 2023 so we should prepare for the worst, because it will be unpleasant for the majority specially if we touch another lowest low.

Economic issues or negative events could really neither  give or not give some impact on crypto market this is why it is really hard to guess and really hard to make out some step due to unpredictability.

Economic issues will definitely have an impact to us and every market as I have said. Every market is connected to each other, probably the same investors on both sides are playing their money here. So if we have bad economy around, people are not willing to invest because they want it to stabilized first.

If we do speak about ending of bear market then this is something that you cant really be able to consider on point considering that there are lots of fake pumps or to those casual increase of price
on a certain situation which people whom do believe that this might be the start of the reversal which is something that dont happen most of the time.

There's no way we could able to determine if its already over or we are still needing to wait for more longer years or months to come.

Well if you look at it's past historical logs, the catalyst for a bull run is the block halving. So most likely bear market will continue next year but by 2024 around the first quarter of the next or after the block halving, we might see an end to this long bear market.

[Anguwa]

Although the price increase on some coins in recent days has increased again, but I am not sure that the bear market will end soon, because for now there are still many things that must be completed by the platform to recover the price of coins that have fallen dramatically, so do not rush to feel relieved by the current price increase, and we can see the experience we feel for the previous year the market situation can grow up to 4 years long so now I don't think it's time to feel the bear market is over yet.

Given that it has carried us into a new year, the bear market is unpredictable. Since I began investing in cryptocurrencies and bitcoin, this has been one of the longest bear markets I have witnessed or experienced. The price of all coins has fallen by more than 50% from its early 2021 high; I hope that prices will start to recover in the upcoming year 2023.

[serveria.com]

Nobody knows for sure if the bottom is in or not. Many things are different now - we didn't have a blowoff top last cycle and a total price increase of about x3 instead of x20 we used to have before. We are down ~75% from ATH and during previous cycles this number was lower (but also the tops were higher and more exponential). That makes me think that the bottom is really in and perhaps we'll have some relief rally into the $35-38k area before the halving. That would be fair as bulls got screwed as they failed to sell at $100k+ they were expecting, why can't Bitcoin screw some bears by refusing to go lower (similar to $3k last cycle) and reversing into the $30xxx area instead? 

[Thomas Kralow]

I don't think it's right to say we're in a bear market right now. If we were in a bear market, the value of bitcoin would be below $10,000. After the period of decline we have experienced, we are currently in a pause period for a while. As far as I'm concerned, this period will continue in this way for a little longer. From time to time, there will be small-scale rises in the market. But I think that there are at least 1.5 years for the bull market to start exactly.

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

[savetheFORUM]

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

[Prince Malik]

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

Yes this is a very important points, crypto experts and whale's will try to keep silent or even spread some indirect fud to keep the price at low levels so they take the opportunity to buy the dip, elon musk said " Bitcoin will make it but might be a long winter " and that's a perfect example of a soft FUD

[n0ne]

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

Yes this is a very important points, crypto experts and whale's will try to keep silent or even spread some indirect fud to keep the price at low levels so they take the opportunity to buy the dip, elon musk said " Bitcoin will make it but might be a long winter " and that's a perfect example of a soft FUD

Influencers try to benefit out of the market FUD. This time we won't experience any big movement out of the Influencers, because the proper learning have made people believe in cryptocurrency and hold even when more negative news got rolled around the market. In the past in such situation more number of users leave the market. Nowadays it is hard to see users leaving the market for which new users keeps getting into the market.

[Kryptowerk]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Haha, this ages like fine... milk.*
Goes to show that first of all, trying to predict short term market movements is extremely risky. Black swan events such as the FTX- and general CEX crisis are hard to predict regarding their timing - the only thing certain is, that every once in a while a massive "event" like this will happen and affect the market quite strongly.

*But still, if you do some cost-average-buying over the last few months, you probably will fare quite well in the long term, meaning 2 - 5 years. Probably.

[Lanatsa]

The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.

Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

Yes this is a very important points, crypto experts and whale's will try to keep silent or even spread some indirect fud to keep the price at low levels so they take the opportunity to buy the dip, elon musk said " Bitcoin will make it but might be a long winter " and that's a perfect example of a soft FUD

Influencers try to benefit out of the market FUD. This time we won't experience any big movement out of the Influencers, because the proper learning have made people believe in cryptocurrency and hold even when more negative news got rolled around the market. In the past in such situation more number of users leave the market. Nowadays it is hard to see users leaving the market for which new users keeps getting into the market.

Or simply holding up their positions and to those people who had made out mistakes in the past did eventually learn up and now when there's some sort of FUD or negativity around then people arent easily
making out some selling or panic selling of their stashes but rather remain holding and waiting up for the right time to do so.
This is why it didnt really result such devastating situation that we do have in the market and able to held up its price which is something considerable
despite for this market to have lots of fuds around recently.

[bounceback]

In my humble opinion, it will over approximately in May-June 2023 when bill regulating the use BTC as payment in Brazil will  go into effect. More than 200 millions population  of Brazil may positively effect cryptomarket.

I somehow disagree.  I do not think the implementation of Bitcoin in Brazil as a mode of payment will automatically tap these populations and make these population adopt Bitcoin.  I think Brazil needs years before Bitcoin is adopted by the majority of its population.  The news may bring bullish sentiment but it doesn't mean transitioning the bear market to bull market.  It may positively affect but the effect is not enough to make the market bullish.

Maybe the legalization of bitcoin as a payment method in Brazil will have a positive impact on the movement of bitcoin but I think it will only have a temporary impact as we saw when the government of El Salvador made bitcoin a legal tender before, for 2023 it looks like we will still be in a bear market and it looks like we need a little while for the bulls to come around as the events we are facing right now are almost exactly the same as the ones that happened in 2018.

[Dave1]

In my humble opinion, it will over approximately in May-June 2023 when bill regulating the use BTC as payment in Brazil will  go into effect. More than 200 millions population  of Brazil may positively effect cryptomarket.

I somehow disagree.  I do not think the implementation of Bitcoin in Brazil as a mode of payment will automatically tap these populations and make these population adopt Bitcoin.  I think Brazil needs years before Bitcoin is adopted by the majority of its population.  The news may bring bullish sentiment but it doesn't mean transitioning the bear market to bull market.  It may positively affect but the effect is not enough to make the market bullish.

Maybe the legalization of bitcoin as a payment method in Brazil will have a positive impact on the movement of bitcoin but I think it will only have a temporary impact as we saw when the government of El Salvador made bitcoin a legal tender before, for 2023 it looks like we will still be in a bear market and it looks like we need a little while for the bulls to come around as the events we are facing right now are almost exactly the same as the ones that happened in 2018.

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

[ShowOff]

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

I agree about 2022, but there are big questions about 2023. I believe we can expect something different in 2023, it's about market recovery. I am still very optimistic that the market will recover soon in 2023 and it is quite possible that $20K will be support then.

So far it seems hard to see the market moving more than 5% at any one time, but I'm not really expecting that now as I still want to collect more bitcoin at low prices. Either way I still believe that the current drop in bitcoin price is part of a cycle, and it will end. No doubt, this is coming soon and I hope you all stay on the same train, meaning don't sell during the price down.

[Jating]

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

I agree about 2022, but there are big questions about 2023. I believe we can expect something different in 2023, it's about market recovery. I am still very optimistic that the market will recover soon in 2023 and it is quite possible that $20K will be support then.

So far it seems hard to see the market moving more than 5% at any one time, but I'm not really expecting that now as I still want to collect more bitcoin at low prices. Either way I still believe that the current drop in bitcoin price is part of a cycle, and it will end. No doubt, this is coming soon and I hope you all stay on the same train, meaning don't sell during the price down.

I guess there's nothing wrong to be optimistic in the next year, after all we really don't know what's next for us in 2023. On the flip side, if there will be another bear market, then obviously it will mean a decline again, so it could be in along the $10k-$13k worst case scenario, or a few bounce and maybe $25k-$30k if there is some good news around.

So for the best thing to do in this kind of situation is just like what you said, accumulate as much as we can, and then be prepared on both end. If the price decline then take advantage of the situation. If the price goes up, then DCA and still look for the long term or at least the next bull run.

[lixer]

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

Of course it can. Have you noticed that Bitcoin price rises to over $20k before? That was also the time where we saw some positive news. A negative news can have a negative effect as well because after those scams incident the price then drops again below $20k.

The presence of the bear market is still there and it has the biggest influence among all because if not because of it, then we can reach more than $20k right after some positive news came out. The announcement about Brazil to legalize crypto is sure a positive news but there are no actions yet that have been taken. That is also the reason on why the price hardly increase.

[freedomgo]

In a bear market though, any positive news will not be felt, just like when we hear about Brazil's legalization, the price didn't move on the contrary, it just move sideways, meaning no effect at all and on the contrary, it just go down a bit as we speak.

But if this news happens in the bull market, for sure a minimum jump of 5% will happen as soon as this news was released.

Anyhow, bear market is not over, and it could stay for a the whole year, 2023.

Of course it can. Have you noticed that Bitcoin price rises to over $20k before? That was also the time where we saw some positive news. A negative news can have a negative effect as well because after those scams incident the price then drops again below $20k.

The presence of the bear market is still there and it has the biggest influence among all because if not because of it, then we can reach more than $20k right after some positive news came out. The announcement about Brazil to legalize crypto is sure a positive news but there are no actions yet that have been taken. That is also the reason on why the price hardly increase.

The last $20k was seen over a month ago, in the first week of November but after 48 hours the price fell steeply towards a little less $16k and up until now, the market has been going back and forth in the same price. After Brazil legalized the Bitcoin and passed a law about it, the market slightly increased towards $17k and just like other good news in the past, the market came back to $16k again in just few days after Brazil's legalization. So, who knows, bear season might stay with us until next year as there's still no sign that the bull is already approaching.

[Rigon]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The bear market doesn't seem to be ending anytime soon. Bitcoin price is currently at a position from which no one can make any predictions. However, various experts have analyzed that the Bitcoin market will move towards bulls in 2024. But everyone can invest as they wish in this bear market. You may not get such an opportunity later. So if you can buy bitcoins from this dumping market and hold for long term, you can definitely achieve good things in 2024. So no one should miss this time.

[Japinat]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The bear market doesn't seem to be ending anytime soon. Bitcoin price is currently at a position from which no one can make any predictions. However, various experts have analyzed that the Bitcoin market will move towards bulls in 2024. But everyone can invest as they wish in this bear market. You may not get such an opportunity later. So if you can buy bitcoins from this dumping market and hold for long term, you can definitely achieve good things in 2024. So no one should miss this time.

Don't believe in experts, just believe in yourself and what you see based on your experience. Experts have different predictions, some are bearish, while some are bullish, so it's really hard who to trust because at the end of the day, no one can predict the price or movement of bitcoin, we are just doing a big guessing game.

[CryptSafe]

Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run. I am not speaking from the opinions of other Crypto analyst and market speculators, from my own point of view and the little knowledge I have on this little research and after following up with the trends from last bear and bull run market, I think we are close to another bull run this year which will definitely or likely supercede the highest all time high.
I am not an expert. This is not an investment plan neither is it an investment idea. I am only speculating so do your own research.

[ShowOff]

Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run.

It looks like the bullrun has been confirmed, in fact we have had more than 85% gain since last year's low.
Now it might be good to expect $30K to be hit, but I doubt we can keep the price above $26K for much longer. As has happened several times since the start of the year, $25K has been hard to hold on to as the panic over FUD has forced some traders to sell it at high "most likely".

I am not an expert. This is not an investment plan neither is it an investment idea. I am only speculating so do your own research.

It doesn't matter, the hope is always there to get higher price. Anyone wishing to invest should only consider their own risk, meaning that none of this analysis and speculation should be taken as financial advice.

[kamvreto]

Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run.

It looks like the bullrun has been confirmed, in fact we have had more than 85% gain since last year's low.
Now it might be good to expect $30K to be hit, but I doubt we can keep the price above $26K for much longer. As has happened several times since the start of the year, $25K has been hard to hold on to as the panic over FUD has forced some traders to sell it at high "most likely".

FUD and panic will always come together, and when they do, the price of bitcoin will take a nosedive. the highest resistance is still at the price of $ 26900 and it still cannot be broken, if this resistance is able to be broken it is possible that we will advance to the price of $ 30k. But if you can't penetrate it, bitcoin will experience a correction again. It's still difficult at the moment and there will definitely be FUD emerging to disrupt market prices. But if you already get 85% profit, it seems you just need to relax and add a few more assets to make more. Your target may not be now, but in the long term to reach the latest ATH

[DiMarxist]

Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run.

It looks like the bullrun has been confirmed, in fact we have had more than 85% gain since last year's low.
Now it might be good to expect $30K to be hit, but I doubt we can keep the price above $26K for much longer. As has happened several times since the start of the year, $25K has been hard to hold on to as the panic over FUD has forced some traders to sell it at high "most likely".

I am not an expert. This is not an investment plan neither is it an investment idea. I am only speculating so do your own research.

It doesn't matter, the hope is always there to get higher price. Anyone wishing to invest should only consider their own risk, meaning that none of this analysis and speculation should be taken as financial advice.

We all know the higher price will come, you fear and brave work together, Bitcoin price is unpredictable the bear market will not last for two years it's only last few days,weeks is too long half a year you take risk.but am speculating this month it's might reach $30k if he climbed $28k next week.remember the price always fall and rise no one can predict the position of Bitcoin.so the best thing to do is to prepare for both, when the bear market comes you risk,and when Bitcoin comes up you take advantage of the bull market.

[Franctoshi]

The Bear market is over technically looking at how the trend has started changing direction from the downwards trend, the long term downwards trend since 2021 ATH has been broken towards the up side and re-tested perfectly as supposed and has started creating higher highs and higher lows since then, Both in the daily and the weekly time frames, which we have not gotten since the beginning of this Bear market. I would like to say generally, that this is a bear market recovery since we have not broken the $69k in order to officially start a new bull market.

[Pejoh Asu]

March was off to a brilliant start as the price continued to rise, fair if we say the bear market is over, and it's time to see the value of bitcoin continues to increase, unfortunately I didn't buy cheap but a few hours ago I bought for $ 85 when the price was $ 27400, although there's been a dip but i believe in march prices could hit $33k.

[karmamiu]

The Bear market is over technically looking at how the trend has started changing direction from the downwards trend, the long term downwards trend since 2021 ATH has been broken towards the up side and re-tested perfectly as supposed and has started creating higher highs and higher lows since then, Both in the daily and the weekly time frames, which we have not gotten since the beginning of this Bear market. I would like to say generally, that this is a bear market recovery since we have not broken the $69k in order to officially start a new bull market.

Even though nothing is guaranteed yet but seeing the market's reaction now, it's safe to assume that the probability of it going downtrend lessen. I know it's early for us to say this and almost everyone here would like the bear season to officially end. Who knows maybe later this year or early next year a huge change will happena and would enter another season. Again I'm not an expert financial analyst nor trying to be one, it's just my observation based on the market movements and there is no assurance as to when it'll stop or enter the next season. What we currently hear are just speculations.

[btc_angela]

The Bear market is over technically looking at how the trend has started changing direction from the downwards trend, the long term downwards trend since 2021 ATH has been broken towards the up side and re-tested perfectly as supposed and has started creating higher highs and higher lows since then, Both in the daily and the weekly time frames, which we have not gotten since the beginning of this Bear market. I would like to say generally, that this is a bear market recovery since we have not broken the $69k in order to officially start a new bull market.

I disagree though, it will be just over if we are going to reach a new all time high for this year, that's how I see that we are not going to be in bear market. So we will have to wait for it to happen, if it's not then we are technically in the bearish cycle.

The thing is that there are a lot of things that is going around the world, banks are falling, and this is what prompted Satoshi to create Bitcoin right? So we are in that situation again and so wise investors are hedging their wealth into in pushing the price to above $27k. And with this banking crisis in US and in Europe, clearly bitcoin is the beneficiary.

[Dave1]

Some days ago bitcoin reached $26000 for a long time since the bear market last year. Looking at the price prediction and market trend. From all indications seems we are heading for the bull run.

It looks like the bullrun has been confirmed, in fact we have had more than 85% gain since last year's low.
Now it might be good to expect $30K to be hit, but I doubt we can keep the price above $26K for much longer. As has happened several times since the start of the year, $25K has been hard to hold on to as the panic over FUD has forced some traders to sell it at high "most likely".

I am not an expert. This is not an investment plan neither is it an investment idea. I am only speculating so do your own research.

It doesn't matter, the hope is always there to get higher price. Anyone wishing to invest should only consider their own risk, meaning that none of this analysis and speculation should be taken as financial advice.

Still though, if you guys think that we are in a bull run then what is the highest price that we are going to get?

Are your disregarding the one catalyst of a bull run in bitcoin? which is the block halving? Because it is then the 4 year cycle will be broken? So you think that there will be a new trend now as far as bull run as per your definition?

I'm just confused as why people said that we are in bull run when we are even far from the last all time high that we have?

[Kodok Bencot]

Right, it looks like the bear market has passed and makes us optimistic about bitcoin, the price has reached $ 27k and I'm sure next week the price will enter at $ 30k, don't sell, it's better to buy so we can get big profits, a sign that the market will soon be a bull run it is clear and will regret if we sell now.

[Bitcoin2009]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The bear market doesn't seem to be ending anytime soon. Bitcoin price is currently at a position from which no one can make any predictions. However, various experts have analyzed that the Bitcoin market will move towards bulls in 2024. But everyone can invest as they wish in this bear market. You may not get such an opportunity later. So if you can buy bitcoins from this dumping market and hold for long term, you can definitely achieve good things in 2024. So no one should miss this time.

The price of bitcoin is indeed unique and always difficult to predict, just like at the end of 2021 when the price rose and reached $ 69k I was also sure that it would not drop again, but in fact the price dropped almost 70%, of course because there were many cases of scam and bankrupt exchanges which harmed investors so $3 billion, but the panic was short lived and there is no doubt this year the price will skyrocket again.

[Bollexz1]

Well, the best way to know if the cycle is changing from bear to bull or bull to bear is Bitcoin's reaction to the market. For the past few days, bitcoin has been showing good momentum in the sector. Getting more recognition, adoption increasing while dominance on the other hand is dropping. So yeah, we might likely be off the bear market.

[DOH!]

Perhaps the market has generated many desirable signals to beat the bear market, but I still have some doubts about its sustainability. The bottom formation and construction of anchor points higher than 25k and 27k are sounding convincing. I am feeling the light of being a bit cautious but with great optimism.

[ilovealtcoins]

Right, it looks like the bear market has passed and makes us optimistic about bitcoin, the price has reached $ 27k and I'm sure next week the price will enter at $ 30k, don't sell, it's better to buy so we can get big profits, a sign that the market will soon be a bull run it is clear and will regret if we sell now.

It seems that people are starting to Fomo and slowly believe that the bull season has come and we are out of the bearish season. At times like these, I would really be wary of the market, the sharks are trying to pump bitcoin to create the Fomo wave and they are succeeding. As for me, I still doubt that we are out of bear season, it is too early to say that bear season is over, even if bitcoin hits $30k.

[Paul Pogba]

For now we should be optimistic that the bear market is over, prices continue to rise and set new records again, this week the price has risen by more than 35% and the opportunity to rise will be even greater, especially silicon valley bank investors are very disappointed because the stock price has dropped more of 65%, of course it has a big impact and cryptocurrencies are the best solution for profit.

[BobK71]

The Bear market is over technically looking at how the trend has started changing direction from the downwards trend, the long term downwards trend since 2021 ATH has been broken towards the up side and re-tested perfectly as supposed and has started creating higher highs and higher lows since then, Both in the daily and the weekly time frames, which we have not gotten since the beginning of this Bear market. I would like to say generally, that this is a bear market recovery since we have not broken the $69k in order to officially start a new bull market.

Market condition is good but currently it is not the time to say that the bear market is over. At least we can get green signal if the price of BTC is stable at the current price for a certain period of time. As there has been good news about Bitcoin lately. Former CTO of coinbase crypto exchange Balaji S. Srinivasan betting that bitcoin price may reach 1 million in the next 90 days though it is terrible prediction of bitcoin but I can say at least can reach $100k. In this regard we can say that soon crypto bearishness will be over.

[erep]

Market condition is good but currently it is not the time to say that the bear market is over. At least we can get green signal if the price of BTC is stable at the current price for a certain period of time. As there has been good news about Bitcoin lately. Former CTO of coinbase crypto exchange Balaji S. Srinivasan betting that bitcoin price may reach 1 million in the next 90 days though it is terrible prediction of bitcoin but I can say at least can reach $100k. In this regard we can say that soon crypto bearishness will be over.

When high price recovery there are always unreasonable predictions even though he is Former CTO of coinbase exchange, Bitcoin price prediction will reach $1m from current price $27k is very unreasonable unless he predicts bitcoin price achievement will be $1m in long term without specifying time. I also predict the price will reach $100k in the next few years and the important factor now is to break through the previous ATH price to form new support towards the $100k price.

[Quidat]

Market condition is good but currently it is not the time to say that the bear market is over. At least we can get green signal if the price of BTC is stable at the current price for a certain period of time. As there has been good news about Bitcoin lately. Former CTO of coinbase crypto exchange Balaji S. Srinivasan betting that bitcoin price may reach 1 million in the next 90 days though it is terrible prediction of bitcoin but I can say at least can reach $100k. In this regard we can say that soon crypto bearishness will be over.

When high price recovery there are always unreasonable predictions even though he is Former CTO of coinbase exchange, Bitcoin price prediction will reach $1m from current price $27k is very unreasonable unless he predicts bitcoin price achievement will be $1m in long term without specifying time. I also predict the price will reach $100k in the next few years and the important factor now is to break through the previous ATH price to form new support towards the $100k price.

We cant really avoid to see those permabulls or who do support Bitcoin but there are some perceptions on prices on which it is really just that much or not realistic at all.This is why $1M per coin is too much.We cant even be sure if we would be able to break that ath we do have and reach up 100k.It would might be basing up on the potential but the question do always lies on which we dont really know on where it would be going.Bear market is over? We cant tell yet.Its not enough we could say that we are already on a bull run basing up on the recent price jump.
Yes, it could really give out that kind of impression but lets not go into a certain extent where we do really go into those unrealistic numbers.

[siniminomorocomunisakito]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

My view is simple to see this isue  and we know that Bitcoin and other cryptocurrencies can be very volatile and subject to rapid price fluctuations. The recent resurgence and rise in Bitcoin price can be attributed to various factors, such as increased institutional adoption, increased interest from retail investors, and positive news developments.

For example, in recent months, several large companies, such as Tesla, PayPal, and Square, have announced plans to invest in or accept Bitcoin as a form of payment. Additionally, there is a growing interest in decentralized finance (DeFi) and non-fungible tokens (NFT), which have contributed to the growth of the cryptocurrency market as a whole.

[Wong Gendheng]

We hope that the market will soon rise and reach $ 30k, today there will be another correction of about 2% and I hope not the beginning of the storm, usually the price will fall significant Or approaching ATH that happened in 2021, maybe next year the market will be more promising after 2023 recovered.

[gaston castano]

We hope that the market will soon rise and reach $ 30k, today there will be another correction of about 2% and I hope not the beginning of the storm, usually the price will fall significant Or approaching ATH that happened in 2021, maybe next year the market will be more promising after 2023 recovered.

but for this year I don't think 30k$ is not difficult, we still have about 9 months left, and we hope that btc will be above 30k$ at the time of closing this year, if indeed the world economic conditions have improved next year, then maybe we will saw ATH btc at the time.

[Lubang Bawah]

Right, it looks like the bear market has passed and makes us optimistic about bitcoin, the price has reached $ 27k and I'm sure next week the price will enter at $ 30k, don't sell, it's better to buy so we can get big profits, a sign that the market will soon be a bull run it is clear and will regret if we sell now.

It seems that people are starting to Fomo and slowly believe that the bull season has come and we are out of the bearish season. At times like these, I would really be wary of the market, the sharks are trying to pump bitcoin to create the Fomo wave and they are succeeding. As for me, I still doubt that we are out of bear season, it is too early to say that bear season is over, even if bitcoin hits $30k.

Of course, we are still in doubt whether we are out of the bear season, we still need a bigger increase, at least reaching $ 50k and it happened at least 3 months ago, we should say we are out of the bear season, many even say that the current explosion is a trap so they choose to sell or profit taking and waiting to buy again when the price is under $20k.

[Jody.Drummer]

We hope that the market will soon rise and reach $ 30k, today there will be another correction of about 2% and I hope not the beginning of the storm, usually the price will fall significant Or approaching ATH that happened in 2021, maybe next year the market will be more promising after 2023 recovered.

but for this year I don't think 30k$ is not difficult, we still have about 9 months left, and we hope that btc will be above 30k$ at the time of closing this year, if indeed the world economic conditions have improved next year, then maybe we will saw ATH btc at the time.

Hopefully that can happen soon, even before the end of the year. The rise in bitcoin is what everyone has been waiting for today, but for me personally I will not set a target for what price bitcoin should be at the end of the year. I have a small amount of bitcoins and I will keep them for a long time. It might be a joy when the bitcoin price jumps beyond my expectations, but when it doesn't reach that I won't be disappointed. But one thing I know, that bitcoin will reach its ATH again although I don't know exactly when it will happen.

[Dickiy]

We hope that the market will soon rise and reach $ 30k, today there will be another correction of about 2% and I hope not the beginning of the storm, usually the price will fall significant Or approaching ATH that happened in 2021, maybe next year the market will be more promising after 2023 recovered.

I also hope so, it seems like it's easier for bitcoin to reach the next target, even though today we are experiencing a correction I think is a natural thing because the impact of the increase was quite high the previous day, I think the bear market is already on the cutting edge and will start to turn into a bull run signal at the end of March (hopefully), positive news sentiments have started to emerge which have influenced the bitcoin price lately, I hope so will the next.
The market cap is growing every day and today at over $47bn it seems people are starting to get back into the market.

[Kadal Ijo]

After going through a long period with a bear market it looks like the bear market is over soon, the price has passed $25k and the next target is $30k, I'm even more optimistic that if the price of $30k is reached it will continue to rise and maybe reach ATH in April.

[Joshapat]

The price is approaching $30k and it looks like the bear market will soon be over, we'll see tomorrow or the day after tomorrow whether $30k can be reached in March, if it can be achieved of course the hope for April can be like in 2021 which will achieve a fantastic increase, conversely if the price drops again below $25k then it will be difficult for us to bull run.

[Kemarit]

The price is approaching $30k and it looks like the bear market will soon be over, we'll see tomorrow or the day after tomorrow whether $30k can be reached in March, if it can be achieved of course the hope for April can be like in 2021 which will achieve a fantastic increase, conversely if the price drops again below $25k then it will be difficult for us to bull run.

The price is around $27,400 again, check the price right now.

So I doubt that we will see $30k tomorrow or even this month. If I'm not mistaken, CME's bitcoin future contracts are going to expire and I think this is one of the factors why suddenly the price goes down again. Hopefully after that, the price will go up to $28,000 at the end of the month.

We don't need to rush and say that the bear market is over, we like what the market has been doing for the first 3 months, but still a long way to go to say that bear market is over.

[capedbaldy]

The price is approaching $30k and it looks like the bear market will soon be over, we'll see tomorrow or the day after tomorrow whether $30k can be reached in March, if it can be achieved of course the hope for April can be like in 2021 which will achieve a fantastic increase, conversely if the price drops again below $25k then it will be difficult for us to bull run.

It is possible that the $30k price can be reached in April as the current price is very close to $30k, but who knows it can be reached by the end of this month because the price recovery factor is very significant in the current market movement, so we really hope this month's market will close in this area $30k so next month we can target a price of $40k-50k which is coming soon.

[STT]

starting to Fomo

Fomo is a crescendo that starts silently and builds over some time, we are not even slightly close to a roar that it should be at full momentum and pace of gain, we are still building.   I think its possible we do have some pullback, so far I'm observing sideways but that brings the danger we negative recent lows and trade lower.  Losing 27k brings us to 25k or a bit lower then that.

[Kodok Bencot]

Right, it looks like the bear market has passed and makes us optimistic about bitcoin, the price has reached $ 27k and I'm sure next week the price will enter at $ 30k, don't sell, it's better to buy so we can get big profits, a sign that the market will soon be a bull run it is clear and will regret if we sell now.

It seems that people are starting to Fomo and slowly believe that the bull season has come and we are out of the bearish season. At times like these, I would really be wary of the market, the sharks are trying to pump bitcoin to create the Fomo wave and they are succeeding. As for me, I still doubt that we are out of bear season, it is too early to say that bear season is over, even if bitcoin hits $30k.

It takes time to say we've entered a bull run, this kind of bull run has happened a lot and many have stuck with buying more, then the price drops for a significant amount of time, i think if the price has reached at least $40k then we should be hopeful that a bull run has occurred.

[Swordsoffreedom]

The price is approaching $30k and it looks like the bear market will soon be over, we'll see tomorrow or the day after tomorrow whether $30k can be reached in March, if it can be achieved of course the hope for April can be like in 2021 which will achieve a fantastic increase, conversely if the price drops again below $25k then it will be difficult for us to bull run.

Even if bitcoin hits $30k, there's no guarantee it won't fall back, so it would be inaccurate to predict that the bear season is ending. Conversely, if bitcoin doesn't hit $30k but corrects below $25k, that's not entirely bad because bitcoin can't go up forever without a correction. A slight correction and then a bounce is possible, and I am more inclined to this scenario than hitting $30k immediately. In the short term, I remain optimistic that bitcoin can still rally to higher levels, but markets are unpredictable, so always have a plan for both scenarios.

[AnonBitCoiner]

we cannot say that now its over whether its a bear market or a bull market but it will occurs regularly. As you are talking about the bear market that its over so as I remembered 2022 was totally a bear season because all coins were very low in price and as the year 2023 originates so the market value become rises.

Now as you can see that those bitcoin holders who hold bitcoin in 2022 and didn't sell their bitcoin till now will have more benefits at this time as the price is now 27k$. Yesterday it was 28k$ and now its slightly become lower so we cannot say that  now its bear market ends or  Bull market initiates because the prices does not remain constant for longer time.

[G_Besar]

Right, it looks like the bear market has passed and makes us optimistic about bitcoin, the price has reached $ 27k and I'm sure next week the price will enter at $ 30k, don't sell, it's better to buy so we can get big profits, a sign that the market will soon be a bull run it is clear and will regret if we sell now.

Traders who are already seeing profits probably won't listen to your words because they will also be buying back after profiting from purchasing Bitcoins the previous time. What you say is only suitable for long term holders or investors who like to invest long term so there is no need to sell at this time if they are still very confident about the next bigger increase in Bitcoin this year.

It seems that people are starting to Fomo and slowly believe that the bull season has come and we are out of the bearish season. At times like these, I would really be wary of the market, the sharks are trying to pump bitcoin to create the Fomo wave and they are succeeding. As for me, I still doubt that we are out of bear season, it is too early to say that bear season is over, even if bitcoin hits $30k.

I also don't think that the current market condition is already in a bull run, because corrections are still common and bear conditions can appear suddenly. So I still think that the current conditions are normal conditions that are normal in the market, so staying alert is the wiser thing for everyone to do. Take profits and buy back if it is still possible to do so.

It takes time to say we've entered a bull run, this kind of bull run has happened a lot and many have stuck with buying more, then the price drops for a significant amount of time, i think if the price has reached at least $40k then we should be hopeful that a bull run has occurred.

The increase that has occurred at the beginning of this year and especially in this month of March is a normal and ordinary increase, so there is no need to consider it a bullrun because for me it is still early enough to consider the market already in a bullrun. Everyone obviously still needs time to see how the market conditions will be until the end of this month and also at the beginning of next month to assess whether it is suitable to be considered a bull run or not.

[BobK71]

For now we should be optimistic that the bear market is over, prices continue to rise and set new records again, this week the price has risen by more than 35% and the opportunity to rise will be even greater, especially silicon valley bank investors are very disappointed because the stock price has dropped more of 65%, of course it has a big impact and cryptocurrencies are the best solution for profit.

The bear market is about to end but is not certain yet. Recently Bitcoin is trading between $27000 and sometimes $28000. A bullish trend can start at any time in the market. The recent US bank crisis is a key factor behind Bitcoin's sudden rise. People are now interested in keeping their money in Bitcoin instead of banks. As a result, we can expect to get rid of the bear market very soon. Investors must invest with caution. Moreover, if you want to invest in Bitcoin, you must have a long-term investment plan.

[boltz]

For now we should be optimistic that the bear market is over, prices continue to rise and set new records again, this week the price has risen by more than 35% and the opportunity to rise will be even greater, especially silicon valley bank investors are very disappointed because the stock price has dropped more of 65%, of course it has a big impact and cryptocurrencies are the best solution for profit.

The bear market is about to end but is not certain yet. Recently Bitcoin is trading between $27000 and sometimes $28000. A bullish trend can start at any time in the market. The recent US bank crisis is a key factor behind Bitcoin's sudden rise. People are now interested in keeping their money in Bitcoin instead of banks. As a result, we can expect to get rid of the bear market very soon. Investors must invest with caution. Moreover, if you want to invest in Bitcoin, you must have a long-term investment plan.

We might have a surprise because this bear market still wants to go and for now that 30k range is even harder to break in the short term so I would expect Bitcoin to bounce in this 22-29k range for this summer and maybe after it , we can have clearly signs of a bull market. However, this is just my prediction based of how I see charts and how price movement is currently affecting the markets but also the holders and traders.

[jakelyson]

For now we should be optimistic that the bear market is over, prices continue to rise and set new records again, this week the price has risen by more than 35% and the opportunity to rise will be even greater, especially silicon valley bank investors are very disappointed because the stock price has dropped more of 65%, of course it has a big impact and cryptocurrencies are the best solution for profit.

The bear market is about to end but is not certain yet. Recently Bitcoin is trading between $27000 and sometimes $28000. A bullish trend can start at any time in the market. The recent US bank crisis is a key factor behind Bitcoin's sudden rise. People are now interested in keeping their money in Bitcoin instead of banks. As a result, we can expect to get rid of the bear market very soon. Investors must invest with caution. Moreover, if you want to invest in Bitcoin, you must have a long-term investment plan.

I do not think that the bear market is over or coming to an end. I see this bounce as just a reflex and will eventually go back to the level before it becomes bullish. I think we still have a long way to go before the bear market is over. Not a bad thing at all for me since I can still have more time to accumulate more bitcoin before the actual bull market kicks off. Anyone who want to take a bit of profit can do so now and buy back when it goes down again. 28K level already has a good profit level if you bought it two weeks earlier. Maybe we can squeeze a bit more profit this week, but I am not too sure about it.

[Ngewex Yuk]

Prices have stabilized above $25k and I think now that we are entering a new era, the bear market is definitely not over yet and there is still a chance for it to fall again, we can say the bear market will be over soon if the price reaches at least $45k, of course everyone's opinion is different, and hopefully the $45k price can be reached in april.

[Wong Gendheng]

Bear market still dominates and today the price of dropping again is around 3%, this proves that the prediction that March can reach $ 30k seems to fail, but we do not panic and better focus on continuing to buy when the market crash because the opportunity to buy is cheaper is during the market drop.

[19Nov16]

I don't think the bear market is over yet because the last few days the price has continued to decline, and now the price is around $26800, even though it doesn't fall too deep from the highs this March but it still needs a higher increase like $40k to be able to say the bear market is over.

[Epaper]

The bear market has been running for over 10 months in the cryptocurrency market. Therefore, predicting the end of a bear market is very difficult, because there are many factors that can influence market trends and investor sentiment. While some indicators, such as technical analysis or market trends, can provide insight into potential market shifts, it is still important to conduct thorough research and approach investment decisions with care.

[Sir Legend]

The bear market has been running for over 10 months in the cryptocurrency market. Therefore, predicting the end of a bear market is very difficult, because there are many factors that can influence market trends and investor sentiment. While some indicators, such as technical analysis or market trends, can provide insight into potential market shifts, it is still important to conduct thorough research and approach investment decisions with care.

Of course it's sad because there are so many big scam cases that create panic, but this is a valuable lesson for us that crypto is a potentially profitable investment or vice versa, and March looks satisfying because it's a little closer to the price of $ 30k.

[arufox]

In my opinion, there are several potential reasons behind the recent bitcoin price rebound. One possible factor is the increased institutional adoption and investment in Bitcoin. Companies like Tesla and Square have invested billions of dollars in Bitcoin, and major banks and financial institutions are starting to offer Bitcoin-related products and services. This increased interest in and investment from established players in the financial world could have contributed to the recent spike in prices.

[MiF]

In my opinion, there are several potential reasons behind the recent bitcoin price rebound. One possible factor is the increased institutional adoption and investment in Bitcoin. Companies like Tesla and Square have invested billions of dollars in Bitcoin, and major banks and financial institutions are starting to offer Bitcoin-related products and services. This increased interest in and investment from established players in the financial world could have contributed to the recent spike in prices.

there are a lot of adoption and more people are using bitcoin today than the past, and i believe there are more users coming, play to earn, gambling, online casino that pays crypto etc., There are a lot of crypto news all around the world and the price of bitcoin today is rising so i think the price will continue to spike soon.

[mich]

Well I am now thinking this 'bear market' is over. Bitcoin price is looking very attractive at the moment and I like the optimistic view. I’m bullish on BTC and think in remaining of  2023 we’re going to see some nice gains.

I  would love to stack up some satoshis right now and if I had the extra fiat I would definitely consider buying more. Unfortunately, I don’t have a ton of fiat lying around at the moment but I am definitely liking the price. If the timing is right and this is a good year at work, I’ll be stacking up more Bitcoin  while I think we will see a 'bull run at any time.

[STT]

Bearish trend down ended with the price action outlasting the 2022 trend, it was quite slow and went sideways more then anything.  Even with a bullish trend I do think pullback of 20% or more is quite possible and does not negate the overall move.  So even as far as moving down to 20k now would still not be negative enough to wipe out the previous good work done since the low of 2022.   Strangely we are not pulling back at all, I almost feel more comfortable if we do trade to a lower price before recovering any losses and then trading higher through resistance but we'll see how it develops when volume returns after many bank holidays are cleared in various countries etc.

[milewilda]

Well I am now thinking this 'bear market' is over. Bitcoin price is looking very attractive at the moment and I like the optimistic view. I’m bullish on BTC and think in remaining of  2023 we’re going to see some nice gains.

I  would love to stack up some satoshis right now and if I had the extra fiat I would definitely consider buying more. Unfortunately, I don’t have a ton of fiat lying around at the moment but I am definitely liking the price. If the timing is right and this is a good year at work, I’ll be stacking up more Bitcoin  while I think we will see a 'bull run at any time.

There's no way that we could really be able to conclude out that the bear market is over until we do reach out that green candlestick would be standing up on a rally.Now that prices are really that going up and down
then it would really be just normal on having that approach on having no uncertainty when it comes to market price predictions.We cant really be able to point out on when bear or bull market ends.
Good thing that we are seeing now that prices are starting up to climb up which is something that we do really want to see after all the years that we've been on bear mode.
We cant be able to determine out exactly on when it would happen but basing up with some cycles or history then we do have at least some idea on what are the things that
could possibly happen.

[bettercrypto]

In these instances we are no longer in the bear market and it has ended where we are now gradually facing the bull season. And in the few days that I observed, bitcoin still remained at 28k$ more, and we don't know if that is the resistance that he shows on the graph.

      So the only prudent way we can do is to accumulate bitcoin as much as we can and don't gamble with day trading if we don't have enough knowledge on this matter especially since most people in the market are now bullish.

[19Nov16]

Once today the price hits $30k the bear market is over, we are in for a bigger surprise, no doubt that this year the price will reach at least $80k or well past the ATH it had in 2021, now we have to focus on continuing to buy so we can get big profits when a bull run occurs.

[AnonBitCoiner]

Bitcoin has reach 30k$ and is now in highest cost than the cost of previous year although the prediction can sometimes become wrong because they are based on thoughts but as we compared the previous and present year so we can say that now bitcoin is in Bull run and all those who have bought bitcoin may be its minimum or maximum cost  but they will have higher return if they have not sell their bitcoin and kept holding.

I think that bitcoin is on the way of success so keep hoping and hold bitcoin for more than six months it will boost more and may be it reach to 40k$ after some months. There is no evidence but according to estimation next year will be powerful and happy year for all bitcoin holders.

[asrinur]

The bear market has been running for over 10 months in the cryptocurrency market. Therefore, predicting the end of a bear market is very difficult, because there are many factors that can influence market trends and investor sentiment. While some indicators, such as technical analysis or market trends, can provide insight into potential market shifts, it is still important to conduct thorough research and approach investment decisions with care.

Of course it's sad because there are so many big scam cases that create panic, but this is a valuable lesson for us that crypto is a potentially profitable investment or vice versa, and March looks satisfying because it's a little closer to the price of $ 30k.

Correct. we must learn from past experiences as lessons for the future. Moreover, investing in crypto does not necessarily only benefit but also has risks. Therefore investing in crypto should not only think about the benefits but also we must be able to minimize risks so that we can avoid big losses.

[JayJuanGee]

The bear market has been running for over 10 months in the cryptocurrency market. Therefore, predicting the end of a bear market is very difficult, because there are many factors that can influence market trends and investor sentiment. While some indicators, such as technical analysis or market trends, can provide insight into potential market shifts, it is still important to conduct thorough research and approach investment decisions with care.

Of course it's sad because there are so many big scam cases that create panic, but this is a valuable lesson for us that crypto is a potentially profitable investment or vice versa, and March looks satisfying because it's a little closer to the price of $ 30k.

Correct. we must learn from past experiences as lessons for the future. Moreover, investing in crypto does not necessarily only benefit but also has risks. Therefore investing in crypto should not only think about the benefits but also we must be able to minimize risks so that we can avoid big losses.

Yeah.. hopefully none of you, who seem to not even know how to use the word bitcoin, are investing into some amorphous thing that is called "crypto", and I have hardly any clue what the fuck you are talking about when you suggest to invest into "crypto."

If you learn what is bitcoin, and then you learn how to use bitcoin in a sentence, then it may well help you to better learn what is going on and to be able to figure out some investing strategies in terms of what are you going to do in order to attempt to build the size of your bitcoin holdings, whether the BTC price is down or up, and then surely once you are spending time building your bitcoin holdings, then at some point you can attempt to figure out whether or if you might invest into some other products that might fall into the category of "crypto" or shitcoins or gambling with some of your value...

It does not seem like a good idea to be gambling too much, but of course, some people cannot help themselves, but if you attempt to learn about bitcoin, at least you might well be able to increase your odds in terms of at least better understanding what it is that you are attempting to look at, assess and talk about... perhaps? perhaps?

[BTCGalaxyA12]

If you learn what is bitcoin, and then you learn how to use bitcoin in a sentence, then it may well help you to better learn what is going on and to be able to figure out some investing strategies in terms of what are you going to do in order to attempt to build the size of your bitcoin holdings, whether the BTC price is down or up, and then surely once you are spending time building your bitcoin holdings, then at some point you can attempt to figure out whether or if you might invest into some other products that might fall into the category of "crypto" or shitcoins or gambling with some of your value...

Tips that are quite simple that do not experience the slightest obstacle to implement.
Hard for those who don't want to apply it and easy for those who want to do it.

Questions often arise in my mind when I'm doing nothing in front of a computer screen, why do they delude themselves too often by presenting themselves as if they are strong in holding Bitcoin, even though they often discuss price figures in the market based on charts.

By the way, given the ever-increasing conditions of Bitcoin transaction fees, perhaps the resulting hectic activity could be a reason to build Bitcoin ownership without having to care about rising or falling prices.

[DiMarxist]

I don't think that the bear market is over or coming to an end. I see this bouncing back as just a reflex and will eventually go back to the level before it becomes back to bullish. Prices have stabilized above $25k and I think now that we are entering a new era, the bear market is definitely not over yet and there is still a chance for it to fall again, we can say the bear market will be over if the price reaches at least $30k, so  we should not panic or fear, just focus on the investment, continuing to buy when the market crash because the opportunity to buy is cheaper is during the market drop.

[JayJuanGee]

If you learn what is bitcoin, and then you learn how to use bitcoin in a sentence, then it may well help you to better learn what is going on and to be able to figure out some investing strategies in terms of what are you going to do in order to attempt to build the size of your bitcoin holdings, whether the BTC price is down or up, and then surely once you are spending time building your bitcoin holdings, then at some point you can attempt to figure out whether or if you might invest into some other products that might fall into the category of "crypto" or shitcoins or gambling with some of your value...

Tips that are quite simple that do not experience the slightest obstacle to implement.
Hard for those who don't want to apply it and easy for those who want to do it.

Questions often arise in my mind when I'm doing nothing in front of a computer screen, why do they delude themselves too often by presenting themselves as if they are strong in holding Bitcoin, even though they often discuss price figures in the market based on charts.

By the way, given the ever-increasing conditions of Bitcoin transaction fees, perhaps the resulting hectic activity could be a reason to build Bitcoin ownership without having to care about rising or falling prices.

Of course there are a variety of ways to think about bitcoin without ONLY thinking about its price, but the BTC price tends to be a pretty decent long term free market indicator that reflects upon other things that are going on in bitcoin, and surely there are going to be times in which price is not very well lined up with "what it should be", but as long as bitcoin remains alive and remains a somewhat free market, it is likely that the price is just going to continue to go up, even if there could well be decently long periods of price suppression along the way.

So yeah of course, related to recent transaction fees, we are seeing a lot of clogging of the network right now, and it remains interesting to see how mining might respond to such increases in fees (that involve both the reward and the fees)... and sure there are also likely a lot of relatively pisses off bitcoiners who have been used to transacting on bitcoin's base layer, and if they want to continue to attempt to use bitcoin for transactions, then they likely may well need to figure out some alternative ways to transact, including either delaying their transaction(s) or perhaps looking at some kind of a bitcoin second layer, such as looking at lightning network as a possible alternative way to continue to be able to transact.

[Dimitri94]

So yeah of course, related to recent transaction fees, we are seeing a lot of clogging of the network right now, and it remains interesting to see how mining might respond to such increases in fees (that involve both the reward and the fees)... and sure there are also likely a lot of relatively pisses off bitcoiners who have been used to transacting on bitcoin's base layer, and if they want to continue to attempt to use bitcoin for transactions, then they likely may well need to figure out some alternative ways to transact, including either delaying their transaction(s) or perhaps looking at some kind of a bitcoin second layer, such as looking at lightning network as a possible alternative way to continue to be able to transact.

I  just recognized that mirners get more fees than a single block reward. I just want to say It's rain without clouds for miners. As a lerner I want to know from you, is bitcoin network congestion caused by BRC20 or is there some other problem?

If miners receive more transaction fees than single block rewards, will they try to create such a situation by creating an artificial crisis in the future? In such a situation, those who used small amounts of Bitcoin on chain will no longer have that opportunity.

Another question is that the use of on-chain is only for those who  want to transact with more fess will only have the opportunity to use it? Can we finally go back to the previous position? Or do you think we should evolve our own system along with Bitcoin evolution?

[BTCGalaxyA12]

Tips that are quite simple that do not experience the slightest obstacle to implement.
Hard for those who don't want to apply it and easy for those who want to do it.

Questions often arise in my mind when I'm doing nothing in front of a computer screen, why do they delude themselves too often by presenting themselves as if they are strong in holding Bitcoin, even though they often discuss price figures in the market based on charts.

By the way, given the ever-increasing conditions of Bitcoin transaction fees, perhaps the resulting hectic activity could be a reason to build Bitcoin ownership without having to care about rising or falling prices.

Of course there are a variety of ways to think about bitcoin without ONLY thinking about its price, but the BTC price tends to be a pretty decent long term free market indicator that reflects upon other things that are going on in bitcoin, and surely there are going to be times in which price is not very well lined up with "what it should be", but as long as bitcoin remains alive and remains a somewhat free market, it is likely that the price is just going to continue to go up, even if there could well be decently long periods of price suppression along the way.

<...>

Rising and falling prices are a normal routine that occurs in the market, where if there is a lot of demand, the price can go up and if there are lots of sellers, the price can go down.
Price can be one of the benchmarks that can reflect the positive side behind Bitcoin's journey from the past to the future.
Isn't that enough for comparison in setting up and building Bitcoin holdings?

There is no need to spend time looking at price charts all the time if they know Bitcoin is a good asset for the long term because it can drain the positive energy of those with weak hands.

[JayJuanGee]

So yeah of course, related to recent transaction fees, we are seeing a lot of clogging of the network right now, and it remains interesting to see how mining might respond to such increases in fees (that involve both the reward and the fees)... and sure there are also likely a lot of relatively pisses off bitcoiners who have been used to transacting on bitcoin's base layer, and if they want to continue to attempt to use bitcoin for transactions, then they likely may well need to figure out some alternative ways to transact, including either delaying their transaction(s) or perhaps looking at some kind of a bitcoin second layer, such as looking at lightning network as a possible alternative way to continue to be able to transact.

I  just recognized that mirners get more fees than a single block reward. I just want to say It's rain without clouds for miners. As a lerner I want to know from you, is bitcoin network congestion caused by BRC20 or is there some other problem?

I doubt that I am studying the issue (or that I am even technical enough) to really provide you with any kind of meaningful assessment regarding how the blockchain is being used and the various spikes in the meme pools which results in higher fees, and of course we have had a recent increase in the various inscriptions that are connected with the BRC20 standard that recently came out, so yeah the actual spike seems to be coming from a pretty BIG rush to get a bunch of the various NFTs, inscriptions or whatever they are called onto the bitcoin blockchain - and so the fact that the fees are going up and people are paying high ass fees in order to transact on the bitcoin blockchain is likely attributed to demand rather than being described as a spam attack..

My understanding is that the first waves of the BTC transaction fees going up in early February and during that stage, the purging of the lower fee transactions did not allow the lower fee transaction (attempts) to be placed, and so the purging was in the ballpark of less than 5 satoshis per vbyte - however, this time around the purging of new transactions is going up and up and I believe getting into the area of 50 satoshis per vbyte and even higher for the ones being purged.. which is a sign that people are paying the higher rates.. the transactions are going through and if you want to call the transactions (that are going through) as spam, then people are paying a whole fucking lot of money to be spamming, and it seems that it would be quite difficult to keep up that level of spam, because miners are actually making money on those high fees so for me, it is difficult to call those spam, and let's see how long such high fees are sustainable.. or if various other alternatives might be reached to be able to increase development (and channels) for second layer solutions, such as lightning network and perhaps some other solutions that could evolve (develop) from the concerns that many normies are going to have regarding how much they have to pay to transact on the bitcoin network.

Actually, Mikeywith made a pretty decent post to show how it appears that ordinals are become more than 50% of the onchain transactions, yet again, there still can be questions regarding sustainability of the trend and then possible solutions that might come about because of the congestion and the level of the BTC transaction fees.

Here's a snip of Mikeywith's post from another thread, and he largely answers the question regarding whether bitcoin is broken from BRC20 tokens, as "no"... and at this time, I tend to agree with that current assessment of the situation (which he describes further in that post, and there are other similar kinds of talking points in that thread.. with some members seeming to disagree with him:

.....>>>>>>>>Is this a bad thing for many people? it is, but that doesn't mean BTC has changed. no, we can blame Ordinals and BRC-20, but if we look at the numbers

May 08 > 41.4% of transactions were non-Ordinals
May 07 > 34.2% of transactions were non-Ordinals
May 06>  46%    of transactions were non-Ordinals
May 05>  64.9% of transactions were non-Ordinals 

There is no doubt that these Oridnals caused the initial spike, but the data shows that there are many people willing to pay high fees to move their BTC around, they are okay with paying 1 sat if they could get away with that, but when it's 500 sats/Vbyte that doesn't seem to stop them.
......<<<<<<<<

If miners receive more transaction fees than single block rewards, will they try to create such a situation by creating an artificial crisis in the future? In such a situation, those who used small amounts of Bitcoin on chain will no longer have that opportunity.

You can come up with all kinds of scenarios in which you believe that there could be some "evil miners" but I doubt that the game theory is really working out like that in bitcoin - especially since it seems to be quite likely that mining remains quite competitive and spread out, so it costs a whole fucking lot of value (including acquiring the mining equipment and turning it on or off and gaming the system and trying to control the hash power, so it becomes quite difficult for miners to spend so many resources against their own interests).

Personally, I believe that it is more healthy to consider the more-likely theories in regards to what is happening and what might happen, rather than coming up with elaborate scenarios that would really be way more difficult to carry out than you seem to be suggesting that it might not be difficult and as if it were to be in the interest of the miners to spend so many resources in fringe plots that are not very likely to work anyhow, even if they could either get resources together or to get other evil miners to collaborate with them in such a plot to kill the golden goose.

Yeah, there are government and financial institutions with seemingly unlimited resources in terms of money and even abilities to manipulate information.. but still you are likely giving them too much credit to be able to achieve such a plot, even if they are likely involved in a variety aspects of BTC mining and the market and they would love to kill bitcoin.. but their mere desire and the level of their power (and even evil) still does not mean that they have enough resources and power to achieve such killing bitcoin objectives.

I am not even suggesting that there might NOT be a variety of limited successes along the way, and sometimes undermining confidence could last for years, but still?  I doubt that longer term history or truth is on the side of the bitcoin FUDsters, naysayers and/or bitcoin haters.

Another question is that the use of on-chain is only for those who  want to transact with more fess will only have the opportunity to use it? Can we finally go back to the previous position? Or do you think we should evolve our own system along with Bitcoin evolution?

Each person has to figure out their own options in terms of how to acquire bitcoin and how much and what they are believing are going to be their future transaction abilities through bitcoin, through second layers or through various shitcoins, fiat or other ways that they store and/or transact their value.

There are not any guarantees regarding how these various matters are evolving or going to evolve, so it still likely remains a good idea to try to create many options for yourself whether good scenarios or bad scenarios end up playing out.  So the longer that any of us is in bitcoin, we likely need to figure out various ways that we might want to hold our bitcoin, including if we learn how to use various kinds of private wallets (and even lightning network wallets), and yeah, perhaps sometimes we might even have to wait before sending transactions or we might buy through exchanges until some of the congestion clears (hopefully).  Sure it is also possible that fees will come back down to 1 satoshi per vbyte, but maybe they won't and we have to figure out how to transact with higher fees, such as 50 per vbyte or some other amount that ends up playing out to be the "going rate."

We are likely in a different position if we already hold plenty of BTC in a variety of places, as compared if we are still in the earlier BTC accumulating stages or if we had been engaging in a business that had relied upon the sustainability of low "on-chain" transaction fees, and so ideally the market is going to work out these kinds of matters, and it seems to me that it tends to not be making any kinds of rash  determinations regarding what to do based on circumstances and/or trends that might not last, even though of course, each of us should be attempting to account for information that we know about and what we can reasonably infer from it... including filtering through information sources (and descriptions of what is going on or what might go on) in terms of some being more/less credible than others.

[Mahanton]

Tips that are quite simple that do not experience the slightest obstacle to implement.
Hard for those who don't want to apply it and easy for those who want to do it.

Questions often arise in my mind when I'm doing nothing in front of a computer screen, why do they delude themselves too often by presenting themselves as if they are strong in holding Bitcoin, even though they often discuss price figures in the market based on charts.

By the way, given the ever-increasing conditions of Bitcoin transaction fees, perhaps the resulting hectic activity could be a reason to build Bitcoin ownership without having to care about rising or falling prices.

Of course there are a variety of ways to think about bitcoin without ONLY thinking about its price, but the BTC price tends to be a pretty decent long term free market indicator that reflects upon other things that are going on in bitcoin, and surely there are going to be times in which price is not very well lined up with "what it should be", but as long as bitcoin remains alive and remains a somewhat free market, it is likely that the price is just going to continue to go up, even if there could well be decently long periods of price suppression along the way.

<...>

Rising and falling prices are a normal routine that occurs in the market, where if there is a lot of demand, the price can go up and if there are lots of sellers, the price can go down.
Price can be one of the benchmarks that can reflect the positive side behind Bitcoin's journey from the past to the future.
Isn't that enough for comparison in setting up and building Bitcoin holdings?

There is no need to spend time looking at price charts all the time if they know Bitcoin is a good asset for the long term because it can drain the positive energy of those with weak hands.

If you are that someone who do love on checking or looking at charts and you do have that kind of doubt when it comes to your Bitcoin holdings then you would really be having that kind of impulsive emotions or
approach on things specially if there's a sudden decline on which you would really be that trying to look for some possible reasons on whats behind with those drops and this would really be a never ending kind of
emotional swings everytime the market do make out its move.
The time we could say that bear market is over is on the time that we do see that bull run effect or event which it is most likely be pertaining into that halving event which it would be neither months after
before it would kick in.
For now we could really just simply go with the flow or waves about these volatility and its not really that something new. You would be needing to be wise in regarding whether you would be securing yourself
on the bottom and would make out some profits later on when the market starts to kick in and going upwards. It is really just like that, better not to make yourself
that too emotional when it comes to price movement approach.

[mikeywith]

If miners receive more transaction fees than single block rewards, will they try to create such a situation by creating an artificial crisis in the future? In such a situation, those who used small amounts of Bitcoin on chain will no longer have that opportunity.

JayJuanGee quoted my post so I checked his post and found him answer your questions, not that his answer wasn't correct, but I thought I need to add an important fact that many people seem to be unaware of is that not all miners are friends, they don't know each other, they share one interest and one interest only (making the most profit).

If there was a universally agreed upon way to increase their profit, they won't even have to discuss it on forums or send emails, everyone would be doing it and it would just happen, and given that miners have been mining for over a decade, regardless of how miners as people change, the mindset is the same.

Many people like to come up with all kinds of different theories on how miners could do x to achieve z, you got a theory that suggests miners can intentionally shut down some of their gears to achieve.

1- Lower difficulty for the next epoch.
2- Fewer blocks found > larger amount of stuck transactions > more fees.

You got another theory that suggests, miners can shut down 90% of their miner gears, save 90% on operational and power costs, and still make the same money since the rewards are the same.

You got many more weird theories that all look great on paper, but can't be done simply because the nature of Bitcoin mining is decentralized, if 10,000 miners agree to exploit something based on one of the theories, I myself as a miner will make more money by exploiting their exploit, i.e if they shut down 90% of their gears, I will power 100% of my gears, a dozen thousand miners will do the same, so that 10,000 miners will actually lose money simply because they can't tell me or anyone else how to operate.

in fact, even if 90% of miners agreed to apply one of the theories, the remaining 10% can rekt the whole plan and eat the profit that 90% left on the table before any of their goals are achieved.

As long as you don't need a license from a single entity like the U.S., British or Russian government to mine BTC, there is exactly NOTHING miners can do to hurt BTC or its users without hurting themselves even more.

I rather worry about being hit by a lightning strike in the middle of the summer than worry about any of those theories surrounding miners becoming true in real life.


In the recent high fee waves, some serious hashrate was lost, it was as large as 10% and then quickly settled at 6% (could be lower or higher depending on the luck status which we can't tell), someone might assume that some miners intentionally did that to clog the network even more and cause fees to rise so the remaining hashrate they had left online would make more money, but that is just theory, if we run the math (we did so many times in the Mining section) you will see that that 6% would have made more money by just mining rather than playing any kind of games and taking a huge risk.


 

[BTCGalaxyA12]

If you are that someone who do love on checking or looking at charts and you do have that kind of doubt when it comes to your Bitcoin holdings then you would really be having that kind of impulsive emotions or
approach on things specially if there's a sudden decline on which you would really be that trying to look for some possible reasons on whats behind with those drops and this would really be a never ending kind of
emotional swings everytime the market do make out its move.
<...>

Price can be a benchmark for people to see what direction Bitcoin has taken or be a reflection of a long-term trading journey.
I tend to rarely look at price charts. Only once a week I see it to compare and analyze the suitability of the purchase price even in small quantities.

I agree with JayJuanGee that trying to build Bitcoin ownership without being too concerned with rising and falling prices is what I'm doing right now so I wonder why do people talk about prices so much when they know that Bitcoin can go up and down because most market participants already understand about crypto market volatility.

[rhodelmabanal]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Well the price is better now than 15k$ and i believe that not too far from today we will see another all time high on bitcoin price together with the popular altcoins in crypto. It is now the best time to buy for good if we dont buy today we maybe need a big capital when bull market officially begin so lets prepare now.

[yohananaomi]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Well the price is better now than 15k$ and i believe that not too far from today we will see another all time high on bitcoin price together with the popular altcoins in crypto. It is now the best time to buy for good if we dont buy today we maybe need a big capital when bull market officially begin so lets prepare now.

it's better to think about continuing to buy and keep it straight away, when the market situation is indeed unpredictable, of course the best thing to do is that. we already know that a halving era situation will occur, where the hope for a speedy recovery will also be realized. so that by buying, we will get the opportunity to be able to make a profit in time. don't be tempted to keep waiting for the market to go down and just buy because once again the market is difficult to predict.

[AnonBitCoiner]

it's better to think about continuing to buy and keep it straight away, when the market situation is indeed unpredictable, of course the best thing to do is that. we already know that a halving era situation will occur, where the hope for a speedy recovery will also be realized. so that by buying, we will get the opportunity to be able to make a profit in time. don't be tempted to keep waiting for the market to go down and just buy because once again the market is difficult to predict.

Yes exactly buying now will be full of fruitful results because this time the market price is not such high and everyone should buy bitcoin as the coming year will be beneficial for selling of bitcoin and reap the maximum cost from your investment.

The current situations are not so bad and not so good and everyone is in wait for enhancement of their cash by holding their bitcoin. Those who have taken sudden decision during these circumstances are not wise because under such circumstances waiting will be better as we all know about the Bull run is coming soon.

So those who don't have yet make investment should surely buy bitcoin and just wait for the appropriate price so coming year will be full of good return for you.

[Moshi Moshi]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Well the price is better now than 15k$ and i believe that not too far from today we will see another all time high on bitcoin price together with the popular altcoins in crypto. It is now the best time to buy for good if we dont buy today we maybe need a big capital when bull market officially begin so lets prepare now.

Right now the market is still bearish and we still have a very big chance to buy at a cheap price,
if we miss this opportunity it is clear that in the bullish season everything will be very expensive,
even altcoins can increase up to x100 in the bullish season.

[monineklutak]

Technically, we can see that the price of Bitcoin is still very strong to stay bearish, because the price of the strongest Bitcoin resistance is at $ 30k,
some time ago Bitcoin had penetrated $ 30k but unfortunately $ 30k was still too strong and was corrected to $ 26 k, but indeed, if you look at history,
there is a possibility that we are at the end of the bearish market, so just prepare your best strategy to maximize profits during the bullish season.

[bestcoins1]

Well the price is better now than 15k$ and i believe that not too far from today we will see another all time high on bitcoin price together with the popular altcoins in crypto. It is now the best time to buy for good if we dont buy today we maybe need a big capital when bull market officially begin so lets prepare now.

If you are waiting and thinking about a price increase for Bitcoin. It would be better if you can focus on buying more Bitcoin than having to watch altcoins which may also increase simultaneously in the market, because you can buy altcoins with the remaining money you have after you buy a certain amount of Bitcoin at the time This. After all, it's much better than you looking at altcoins at the same time to expect simultaneous profits.

Right now the market is still bearish and we still have a very big chance to buy at a cheap price,
if we miss this opportunity it is clear that in the bullish season everything will be very expensive,
even altcoins can increase up to x100 in the bullish season.

Just use capital to buy Bitcoin even though you have to apply it gradually, because altcoins can still be obtained when someone has collected more Bitcoins. So the main focus for buying right now is for Bitcoin before any bullishness really comes in the market and it is also worth noting that altcoins still have to be chosen carefully and wisely as not all of them are good enough to buy in large quantities at the same time.

[Dollar_Hunter]

I am optimistic that the bear market will end soon because the bear market is part of a cycle,
so I think there will be time for us to be bullish again, I'm still calm because the Bitcoin price is very strong now,
different to the bear market in 2018 where the Bitcoin price was really very volatile, especially when there was calm news about the Corona virus.

[Kadal Ijo]

The bear market is not over, today might be the worst day on record since this year, the price dropped more than 6 percent and the chance to fall according to many predictions is still possible, but let's not panic and wait a while, investors who have a view of big profits then take this as an opportunity to continue buying.

[Maslate]

The bear market is not over, today might be the worst day on record since this year, the price dropped more than 6 percent and the chance to fall according to many predictions is still possible, but let's not panic and wait a while, investors who have a view of big profits then take this as an opportunity to continue buying.

It doesn't look good; Bitcoin is now down to the $25k level after reaching $30k earlier this year. We were hopeful that it was a positive sign for the market to shift back into bullish mode. However, if this downtrend continues, it may cause panic again, and it's possible that we may not see a bull run this year. It's still too early to tell, though. I hope people won't overreact and panic in the current situation. We already know how volatile the market can be, with sudden pumps and dumps. It has become quite normal for those who fully understand how the market works.

[Semar Mesem]

I think the bear market is not over yet, there is still a lot of pressure and it seems that the price is difficult to go up, last March I was sure that the bear market was over and the bull run was coming soon, unfortunately the market has continued to be corrected until now and looks difficult to rise again.

[yohananaomi]

I think the bear market is not over yet, there is still a lot of pressure and it seems that the price is difficult to go up, last March I was sure that the bear market was over and the bull run was coming soon, unfortunately the market has continued to be corrected until now and looks difficult to rise again.

I think it's possible that there will indeed be a sustainable bear market. If you look at this week, there has been a -4.7% decline for bitcoin, even for some of the leading altcoins, some up to -17%.
hoping for a bull run soon it is clear that it is very difficult to expect in a situation like this where indeed the world economic crisis has not yet improved. again, this is an excellent opportunity to continue buying and holding on to what you already have.

[fuguebtc]

I think the bear market is not over yet, there is still a lot of pressure and it seems that the price is difficult to go up, last March I was sure that the bear market was over and the bull run was coming soon, unfortunately the market has continued to be corrected until now and looks difficult to rise again.

I think it's possible that there will indeed be a sustainable bear market. If you look at this week, there has been a -4.7% decline for bitcoin, even for some of the leading altcoins, some up to -17%.
hoping for a bull run soon it is clear that it is very difficult to expect in a situation like this where indeed the world economic crisis has not yet improved. again, this is an excellent opportunity to continue buying and holding on to what you already have.

Many altcoins were dumped today after it was reported that the Robinhood exchange delisted several top altcoins.

I always say that the bear market is not over, even if we see bitcoin surge in the first 3 months of the year. But many people rely on that signal and subjectively believe that the bear market is over. Why do we always believe that history will repeat itself but are too hasty to conclude that bear season is over? Because if calculated according to a 4-year cycle, we are only halfway through the bear season, which means that the bear season will be very long, and there is no guarantee it will end this year.
Not only because Fuds is besieging the SEC case with exchanges, but I believe there will be many difficulties waiting for us this year. I won't think about a bull market until the halving happens.

[Dollar_Hunter]

The sign that the bear market is ending is a pump from Doge, and until now Doge has not experienced a pump,
so we could say Bitcoin is still bearish. It can also be seen that the Bitcoin price failed to break $30k, so strong resistance is still there,
it's better if you want to invest, it's better to wait until there is a confirmation bounce.

[monineklutak]

I think the bear market is not over yet, there is still a lot of pressure and it seems that the price is difficult to go up, last March I was sure that the bear market was over and the bull run was coming soon, unfortunately the market has continued to be corrected until now and looks difficult to rise again.

The price of Bitcoin is still easy to pump and dump so in my opinion Bitcoin still looks bearish,
usually a bullish indication for Bitcoin is a fast recovery,
but after the Bitcoin price fails to break $30k and fails to stay above $30k that is an indication that bearish will still occur .

[Hamphser]

I think the bear market is not over yet, there is still a lot of pressure and it seems that the price is difficult to go up, last March I was sure that the bear market was over and the bull run was coming soon, unfortunately the market has continued to be corrected until now and looks difficult to rise again.

The price of Bitcoin is still easy to pump and dump so in my opinion Bitcoin still looks bearish,
usually a bullish indication for Bitcoin is a fast recovery,
but after the Bitcoin price fails to break $30k and fails to stay above $30k that is an indication that bearish will still occur .

On the time that bitcoins price dips down then people who do wait up for 10-12k is really indeed that confident or celebrating on which it would really be just that normal to have that kind of approach on which
this market is really that truly unpredictable and there's no way on knowing on what would be the next things to happen or bear market would be over. We know that the price cant really be that moving that be dumping continously and this bear market isnt over yet and as long we dont be able to see that halving event then there's no way that we could be able to some bull run. This is why the current
dip is the best time to kick in on accumulating cheap coins specially on bitcoin and some altcoins in the market. For those who have been on this market for a while now
would really be definitely be having that kind of impression whenever the market dumps.

[GeorgeJohn]

I think the bear market is not over yet, there is still a lot of pressure and it seems that the price is difficult to go up, last March I was sure that the bear market was over and the bull run was coming soon, unfortunately the market has continued to be corrected until now and looks difficult to rise again.

The price of Bitcoin is still easy to pump and dump so in my opinion Bitcoin still looks bearish,
usually a bullish indication for Bitcoin is a fast recovery,
but after the Bitcoin price fails to break $30k and fails to stay above $30k that is an indication that bearish will still occur .

We can't recommend bitcoin price for a little increment, what I want you to understand in cryptocurrency is that when the value goes a little up that doesn't really mean that bitcoin price is on bullish, what I want you to understand in cryptocurrency price is that Bitcoin have it kind of increment that leads of bullish, from the chart of a market, if the candle sticks of the market is very strong in green colour that indicates that their is every tendency that bull market might occur stronger but if the red candle sticks in the chart is giving two space after green colour that means that the market is not strong, so the movement of candle sticks determine the strength of the market and also accompany with the demand and supply of the market. When the demands is higher than supply that indicates that the market is at positive side

[RewFrew]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Yes its seems that bear market likely Over.Because we saw from long time Bitcoin and others cryptocurrency price decreasing. But from some days market come back. Bitcoin and others coin price increasing and many many good news coming. It is sign of bull market i think. Before some days bitcoin price was near about $20k but now bitcoin price is $30k so i Think we are in to in bull session. And i think as bitcoin price holding $30k for long time i think we are in real bull market. So we can tell bear market is so far and it has been over.

[carlfebz2]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Yes its seems that bear market likely Over.Because we saw from long time Bitcoin and others cryptocurrency price decreasing. But from some days market come back. Bitcoin and others coin price increasing and many many good news coming. It is sign of bull market i think. Before some days bitcoin price was near about $20k but now bitcoin price is $30k so i Think we are in to in bull session. And i think as bitcoin price holding $30k for long time i think we are in real bull market. So we can tell bear market is so far and it has been over.

We are still on bear market i should say but at least we are already that seeing some gradual increase in price on which we could say that we are on recovery mode but people wont really be consider out such condition

since we arent still able to reach out those prices which are supposed to be seen on this year. The only thing on what this community is waiting on is on that halving event and just like on what they've been saying
that once this event had happened then this would be the main thing that would really be pushing up that bull run which is always the case. We do know that this market have that cycle on which it is
really that still we are on recovery mode and we are only just a year time before the halving event happens.

Although it wont really be an assured thing that it would really be able to happen for that kind of progress into that particular time but at least we do already have the idea
on what are the probabilities that could really happen on that time.

[JoyMarsha]

I think the bear market is not over yet, there is still a lot of pressure and it seems that the price is difficult to go up, last March I was sure that the bear market was over and the bull run was coming soon, unfortunately the market has continued to be corrected until now and looks difficult to rise again.

The price of Bitcoin is still easy to pump and dump so in my opinion Bitcoin still looks bearish,
usually a bullish indication for Bitcoin is a fast recovery,
but after the Bitcoin price fails to break $30k and fails to stay above $30k that is an indication that bearish will still occur .

The time this post was posted in the forum was last year October when the price of bitcoin was $20k +. It was assumed that the bear market is over but today the price of bitcoin is fluctuating around $30k + price and I do take it correctional stage of bitcoin.
 
After halving, I would expect bitcoin to reach a bull run the next year. Any additional price that Bitcoin offers this year should be viewed as a correction to its price. Those who were fortunate enough to purchase bitcoin when it was about $20k and have kept it up to this point would be at profits by now

[Onyeeze]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The time I saw this post remember the story my friend told me about bearish and bullish market but its good for we to understand that all this market movement never be constant, see this 2023 the price of bitcoin is going high every time why in 2022 the price was not going high as we said, so what I want to know and also ask is that what really inspire the annually increase of bitcoin, increase of bitcoin how does it come and decrease what really brings the decrease of bitcoin market

[AnonBitCoiner]

it's better to think about continuing to buy and keep it straight away, when the market situation is indeed unpredictable, of course the best thing to do is that. we already know that a halving era situation will occur, where the hope for a speedy recovery will also be realized. so that by buying, we will get the opportunity to be able to make a profit in time. don't be tempted to keep waiting for the market to go down and just buy because once again the market is difficult to predict.

Yes exactly some people are waiting that market will goes down then they will buy bitcoin but actually they are wasting their time because market will goes more up instead of going down as a result of which all those individuals will regret for their wrong decisions.

The market price is now 30k so further increase is possible in worth for halving market is going to be stable. Halving is possible in 2024, because of which more people are buying bitcoin which directly impacts on the cost of bitcoin to move in upward direction.

[bestcoins1]

Yes its seems that bear market likely Over.Because we saw from long time Bitcoin and others cryptocurrency price decreasing. But from some days market come back. Bitcoin and others coin price increasing and many many good news coming. It is sign of bull market i think. Before some days bitcoin price was near about $20k but now bitcoin price is $30k so i Think we are in to in bull session. And i think as bitcoin price holding $30k for long time i think we are in real bull market. So we can tell bear market is so far and it has been over.

The comparison you gave is actually still not too far away when seen from the number of prices you said as an example at this time, because corrections can still come unexpectedly in the market so I still don't think that the bear market is over and the bull market has come. There are many price levels that Bitcoin still has to reach this year so that the bull market can really be seen clearly with more and bigger price changes happening. Not just going from $20k to $30k in half a year.

[Fatunad]

I think the bear market is not over yet, there is still a lot of pressure and it seems that the price is difficult to go up, last March I was sure that the bear market was over and the bull run was coming soon, unfortunately the market has continued to be corrected until now and looks difficult to rise again.

The price of Bitcoin is still easy to pump and dump so in my opinion Bitcoin still looks bearish,
usually a bullish indication for Bitcoin is a fast recovery,
but after the Bitcoin price fails to break $30k and fails to stay above $30k that is an indication that bearish will still occur .

The time this post was posted in the forum was last year October when the price of bitcoin was $20k +. It was assumed that the bear market is over but today the price of bitcoin is fluctuating around $30k + price and I do take it correctional stage of bitcoin.
 
After halving, I would expect bitcoin to reach a bull run the next year. Any additional price that Bitcoin offers this year should be viewed as a correction to its price. Those who were fortunate enough to purchase bitcoin when it was about $20k and have kept it up to this point would be at profits by now

This is why its really that important that you should really have consideration on taking up your position whether on a bear market or not because there's no way on determining it out because prices would really be tending
to make out recovery and would really be slowly going upwards on which it is really that something inevitable. Calling something like end of the bear market is something that cant be said unless we are already
on the halving event of Bitcoin and this is where bull run would kick in. This is why its always been wise that you should really know on when to get in and when to accumulate specially on declining markets.
Instead on making yourself freak out then it would be wise for you to accumulate more, we know such as coin Bitcoin where its price would really be keeping on going upwards although
in a slow space.

We are bracing ourselves on the upcoming bull run and we cant really just that avoid not to be that having preparations and this is why we do really accumulate.
If you do go for short term then dealing with price movement or volatility would really be your main issue and we know that not all people would really go into this path.

[Ricardo11]

The bear market is not over. Because the price of Bitcoin is now starting to fall. Its price was around 30k for a long time, and now its price has come down even more. Bitcoin price is now 26k. But the bear market is end very soon.

[btc_angela]

The bear market is not over. Because the price of Bitcoin is now starting to fall. Its price was around 30k for a long time, and now its price has come down even more. Bitcoin price is now 26k. But the bear market is end very soon.

Of course we are just about in the last stretch of the bear market. Next year will be a bull market, and it could start right after the block halving. So as far as the price declining, it's ok, it's part of the movement.

But regarding the current price, we had a price rally though, to put the price around $27k at the end of the month. Not sure though if this is enough for us to have a green dildo month end. But I wouldn't be surprised if we won't but at least we have gotten over the $25k price range.

[jasonjm]

The bear market is far from over, and the chances are that the price will dip further this year. The market is still in the correction phase. We are seeing fake rallies at the moment to attract more investors. We might see a bull run next year after Bitcoin halving.

[EarnOnVictor]

The bear market is far from over, and the chances are that the price will dip further this year. The market is still in the correction phase. We are seeing fake rallies at the moment to attract more investors. We might see a bull run next year after Bitcoin halving.

Rallies in Bitcoin are opportunities to sell to make more money at this phase. I have only seen one major rally recently as far as Bitcoin is concerned unless the trader is looking at the lower timeframes. Judging by the gradual bearish progress on my daily and weekly chart, Bitcoin started a serious warning of a potential bearish reversal when it was unable to breach $31,450 convincingly higher, but it rather formed a bearish price action below the level after some weeks of trying. Ever since then, it has lasted for 8 weeks with only a single weekly candlestick ended bullish (positive). The fall was reassured on a break of $29,400 support and Bitcoin would remain lower below this level.

Also on checking what happened via Fibonacci tools, I discovered that the last important rally of last week was effectively stopped by 23.6% level of the weekly chart at $28,080. It was a sharp buy and sell and the market still ended the day on a bearish note which is what really matters to traders. The bearish pattern and trend continue until further notice.

[flyingcarpet]

The bear market is far from over, and the chances are that the price will dip further this year. The market is still in the correction phase. We are seeing fake rallies at the moment to attract more investors. We might see a bull run next year after Bitcoin halving.

There is downward pressure on the Bitcoin price. What you say may be true, but it becomes difficult to predict how far this decline will go. We are approaching the halving, but I wonder if the bottom in Bitcoin price will be this level or lower. I don't want to make any predictions, but if the price does not go down too much from these levels, I think the price will have prepared a very solid ground.

[Ojima-ojo]

The bear market is far from over, and the chances are that the price will dip further this year. The market is still in the correction phase. We are seeing fake rallies at the moment to attract more investors. We might see a bull run next year after Bitcoin halving.

There is downward pressure on the Bitcoin price. What you say may be true, but it becomes difficult to predict how far this decline will go. We are approaching the halving, but I wonder if the bottom in Bitcoin price will be this level or lower. I don't want to make any predictions, but if the price does not go down too much from these levels, I think the price will have prepared a very solid ground.

This period is best for more Bitcoin accumulations after all there is always a discount before the next bull market and all time high price, Bitcoin have proven to be one of the best technological tool that have Revolutionized the global financial sector and that is likely what most of the learned investorss have already settle with, and as a matter of fact, buying during the dip close to halves like this will place the investors on a higher advantages for the period ahead.


So despite whatever pressure we may see from the market right now should not force anyone to sell but rather you should set aside any extra funds to buy more Bitcoin along the way before the de day when we can see a significant price movement toward ATH.

[STT]

The bear market is far from over, and the chances are that the price will dip further this year.

This would ignore the defined value for bear market, just like a bull market its the regular set of gains.    There is no regular decline in pricing for sometime now, it might be sedate and some suppose even dead from no movement but thats not a regular decline in price.  We rally, we pull back and circle and twist and in effect just go sideways.  Much frustration but no regular pattern resulting downwards, I would actually argue there is some pattern upwards but you have to zoom out to over 9 months for that and perhaps too far to see.
  We can be fairly certain no reliable trend down is established, we have the lack of pattern if anything.  In spring there was a price channel and it was negative, but we broke out of that upwards.  Sadly it failed to go far, just past 30k but a failed move up is not what fits a bear market.   Some say any decline more then 20%, I dont find that too reliable.

[Odohu]

We can be fairly certain no reliable trend down is established, we have the lack of pattern if anything.  In spring there was a price channel and it was negative, but we broke out of that upwards.  Sadly it failed to go far, just past 30k but a failed move up is not what fits a bear market.   Some say any decline more then 20%, I dont find that too reliable.

Even though I am tempted to agree with you on this, I think it is fair we make some clarifications for the purpose of context. We have basically two major market conditions: bullish and bearish. Bullish market does not mean market will continue moving up forever and bear market does not mean market will continue doing down move forever.

Bitcoin dropping from ATH of $69k to around $17k does not require any sugar-coated statement but should be pointed out as bear market. Now that price have reluctantly recovered a little towards $26k  does not mean the bears have left the market.

I understand a lot of people just love hearing only nice things about the market that is why we delight so much in seeing the bullrun. Unknown to many is the fact that the bear market is actually where smart guys plan for the bullrun. Indeed, it is in bear market, such as we have now, that is good to buy Bitcoin rather than waiting to jump in during the bulllrun.

[Bitcoin_people]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The eyes of the investors are raised once again after seeing the current position of the market. Because the market position is not very good at present as we have seen Bitcoin price rise a lot a few days back due to which we have a kind of peace in our mind. But a few days ago we saw the market was $30k dollars but later this month the price of Bitcoin came down to full bear market. Although right now we can see Bitcoin price touching $24k there is definitely enough time for us to buy. If we hold on to this market for a long period of time, we will definitely have a lot of profit potential later on. However, the Bitcoin market will not stay in this position forever, it is always on the ups and downs, we know that and we have to accept it. As various experts have researched Bitcoin price is likely to move to a better position soon. We think the bull market will return to Bitcoin right after the Bitcoin halving in the next year. I think the price of Bitcoin will rise again in a few days and it is likely to go into the new year in a good position.

[bangjoe]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The eyes of the investors are raised once again after seeing the current position of the market. Because the market position is not very good at present as we have seen Bitcoin price rise a lot a few days back due to which we have a kind of peace in our mind. But a few days ago we saw the market was $30k dollars but later this month the price of Bitcoin came down to full bear market. Although right now we can see Bitcoin price touching $24k there is definitely enough time for us to buy. If we hold on to this market for a long period of time, we will definitely have a lot of profit potential later on. However, the Bitcoin market will not stay in this position forever, it is always on the ups and downs, we know that and we have to accept it. As various experts have researched Bitcoin price is likely to move to a better position soon. We think the bull market will return to Bitcoin right after the Bitcoin halving in the next year. I think the price of Bitcoin will rise again in a few days and it is likely to go into the new year in a good position.

We will see that, be happy, the Bitcoin market today was hit by a negative sentiment and became a bearish sentiment again after some time before recovering a few months, the candle in September had been confirmed to be a red candle.
Next month gives a better moment to Bitcoin, and the right distance to save Bitcoin to Halving Bitcoin in this cycle, I am very waiting for it.

For predictions of a few days, it is more sideway and below, and that will definitely happen, maybe this sentiment will push the price of Bitcoin to the level of $ 24K- $ 23k back in the next few days before Bitcoin does it back up.

[imamusma]

-

We will see that, be happy, the Bitcoin market today was hit by a negative sentiment and became a bearish sentiment again after some time before recovering a few months, the candle in September had been confirmed to be a red candle.
Next month gives a better moment to Bitcoin, and the right distance to save Bitcoin to Halving Bitcoin in this cycle, I am very waiting for it.

For predictions of a few days, it is more sideway and below, and that will definitely happen, maybe this sentiment will push the price of Bitcoin to the level of $ 24K- $ 23k back in the next few days before Bitcoin does it back up.

For daily and weekly TFs it can be confirmed as a red candle, but I cannot confirm that this red candle will continue on the monthly TF. This means that there is still a possibility of seeing a green candle before September closes, so don't let your optimism disappear just because of a correction.

In fact we haven't finished the second week for September yet, so I think there's still plenty of time to see the differences. Negative sentiment in the market can turn positive, but it may take some time to expect recovery. Red candles have been kept in July and August, but I didn't hope there to be 3 red candles in a row. While I'm not really sure what caused the market to correct in the last few hours, it's a good idea not to pay too much attention to it if you don't accumulate.

[JayJuanGee]

We can be fairly certain no reliable trend down is established, we have the lack of pattern if anything.  In spring there was a price channel and it was negative, but we broke out of that upwards.  Sadly it failed to go far, just past 30k but a failed move up is not what fits a bear market.   Some say any decline more then 20%, I dont find that too reliable.

Even though I am tempted to agree with you on this, I think it is fair we make some clarifications for the purpose of context. We have basically two major market conditions: bullish and bearish. Bullish market does not mean market will continue moving up forever and bear market does not mean market will continue doing down move forever.

Bitcoin dropping from ATH of $69k to around $17k does not require any sugar-coated statement but should be pointed out as bear market. Now that price have reluctantly recovered a little towards $26k  does not mean the bears have left the market.

I understand a lot of people just love hearing only nice things about the market that is why we delight so much in seeing the bullrun. Unknown to many is the fact that the bear market is actually where smart guys plan for the bullrun. Indeed, it is in bear market, such as we have now, that is good to buy Bitcoin rather than waiting to jump in during the bulllrun.

I think that you make a good point, at least in regards to clarifying that we should be able to consider that the move from $69k to $15,479 can be constituted as a bear market, so then one of the questions becomes whether or not we are yet out of the bear market.. .and 1) is the bottom in  or 2) are we going to bounce around the bottom (even if higher than the bottom) for long enough that we can confirm that the bear market is not over.

I am not going to proclaim to know the answers to these questions, even though my sense was that the chances were pretty good that the bear market was over when we got above $25k and pretty much stayed above $25k since mid-March 2023.. and yeah, it is not 100% clear while we are in our various price moves whether we are still in the bear market or if it really is over or not... and we can ONLY become more assured that it is over when we are looking back historically regarding what happened and then attempt to label the parts in a historical (more of a full-picture) context.

I really get irritated by some of the attempts to apply traditional definitions of "what is a bear market" and "what is a bull market" and some of the patronizing bullshit that sometimes seems to come when attempting to prematurely label bitcoin markets as bull or bear merely because it fits some kind of a definition that might apply to mature markets or markets generally and blah blah blah..

Now if there is an accounting for the paradigm-shifting nature of bitcoin and/or an accounting for that we are very likely on an exponential adoption s-curve, then surely I would be more receptive for accounts that consider those kinds of particular and real-world bitcoin dynamics.

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

The eyes of the investors are raised once again after seeing the current position of the market. Because the market position is not very good at present as we have seen Bitcoin price rise a lot a few days back due to which we have a kind of peace in our mind. But a few days ago we saw the market was $30k dollars but later this month the price of Bitcoin came down to full bear market. Although right now we can see Bitcoin price touching $24k there is definitely enough time for us to buy. If we hold on to this market for a long period of time, we will definitely have a lot of profit potential later on. However, the Bitcoin market will not stay in this position forever, it is always on the ups and downs, we know that and we have to accept it. As various experts have researched Bitcoin price is likely to move to a better position soon. We think the bull market will return to Bitcoin right after the Bitcoin halving in the next year. I think the price of Bitcoin will rise again in a few days and it is likely to go into the new year in a good position.

We will see that, be happy, the Bitcoin market today was hit by a negative sentiment and became a bearish sentiment again after some time before recovering a few months, the candle in September had been confirmed to be a red candle.
Next month gives a better moment to Bitcoin, and the right distance to save Bitcoin to Halving Bitcoin in this cycle, I am very waiting for it.

For predictions of a few days, it is more sideway and below, and that will definitely happen, maybe this sentiment will push the price of Bitcoin to the level of $ 24K- $ 23k back in the next few days before Bitcoin does it back up.

Personally, I think that sentiment is a dumb thing to measure or to give very many shits about, even though sentiment might make some kind of a material difference on the margins, it is likely not a very good way for any long-term bitcoin investor to figure out what to do or what not to do in regards to their own bitcoin stackenings.

TLDR: Fuck sentiment

[SmartGold01]

Even though I am tempted to agree with you on this, I think it is fair we make some clarifications for the purpose of context. We have basically two major market conditions: bullish and bearish. Bullish market does not mean market will continue moving up forever and bear market does not mean market will continue doing down move forever.

Bitcoin dropping from ATH of $69k to around $17k does not require any sugar-coated statement but should be pointed out as bear market. Now that price have reluctantly recovered a little towards $26k  does not mean the bears have left the market.

I understand a lot of people just love hearing only nice things about the market that is why we delight so much in seeing the bullrun. Unknown to many is the fact that the bear market is actually where smart guys plan for the bullrun. Indeed, it is in bear market, such as we have now, that is good to buy Bitcoin rather than waiting to jump in during the bulllrun.

You are right..
We should understand something very pertinent concerning the market that no matter any circumstances we can't change the normalities to abnormalities why because the principles has already be implemented and that shall it be without any readjustment or rearrangement. We should also and always be smart over the market if not any circle we passed can never be recorded anymore, that's is why I so much dislike people focusing much on bullrush without knowing we can't turned down the opposite being the bearrun.

Basically I believe to know that bear season is the accumulation period where every investor and holders should look into making new portfolio by increase their investment plans or to gear up their holdings as any bear we passed can never be like the previous, and what I noticed mostly is that people fails to accept the reality to know the both season are real, again they don't remain statics or stationary, they are subjected to changes are any given point that is why the changing in prices are what brought the sole called trading which we all basically calls DCA.

[benalexis12]

We are still in a bear market right now. To be honest, the graph chart shows that the movement is still on a downward trend. There is therefore no other viable option at the moment to take advantage of the chance to invest in and acquire cryptocurrencies that we believe will generate a high return on our future investments. And what some have said here is true: During current bear season, DCA is still one of the best tactics. The main thing is that we can buy crypto assets for the future if there is a purchase, even if it happens gradually.

[Fara Chan]

We are still in a bear market right now. To be honest, the graph chart shows that the movement is still on a downward trend. There is therefore no other viable option at the moment to take advantage of the chance to invest in and acquire cryptocurrencies that we believe will generate a high return on our future investments. And what some have said here is true: During current bear season, DCA is still one of the best tactics. The main thing is that we can buy crypto assets for the future if there is a purchase, even if it happens gradually.

Let's just say that opportunities like this don't come twice, so there is a greater sense of enthusiasm to continue buying crypto assets, even on a DCA basis. Moreover, if the target to buy is Bitcoin, it is clearly very good and will not cause harm as long as you are patient and wait for higher prices. I'm also still very happy to make purchases using the DCA method because it doesn't have such a high burden at all and today I saw Bitcoin almost touch $26K again. Hopefully tomorrow or the next day Bitcoin can pass $26K and approach $27K.

[Odohu]

I think that you make a good point, at least in regards to clarifying that we should be able to consider that the move from $69k to $15,479 can be constituted as a bear market, so then one of the questions becomes whether or not we are yet out of the bear market.. .and 1) is the bottom in  or 2) are we going to bounce around the bottom (even if higher than the bottom) for long enough that we can confirm that the bear market is not over.

It is somehow challenging knowing what the bottom is as you should already know that no one can accurately predict what the price will do. Besides, I consider it pointless looking for the bottom. Instead of worrying about the bottom, one can just do a simple analysis:

1. what is the ATH of Bitcoin? This being around $69k
2. Check if price is at a discount which is 50%  below the ATH... in the case with Bitcoin, it is a yes.
3. Are there chances of a bullrun in the near future? Yes it is possibly considering that there is a major even next year; an event that always lead to a surge in price.

With the above three points noted and established that price is at a discount and there is a high chance we will see a new ATH, then it is wise to buy using any method such as DCA. To me looking for the bottom might actually be a major distraction and a lot of people who practice this might miss the opportunity to buy at a discount.

I am not going to proclaim to know the answers to these questions, even though my sense was that the chances were pretty good that the bear market was over when we got above $25k and pretty much stayed above $25k since mid-March 2023.. and yeah, it is not 100% clear while we are in our various price moves whether we are still in the bear market or if it really is over or not...

I had this feeling too but the prolonged consolidation within that region made me have a second thought. I will be like: "what is holding the price from leaving this region already?"

[virasog]

-

We will see that, be happy, the Bitcoin market today was hit by a negative sentiment and became a bearish sentiment again after some time before recovering a few months, the candle in September had been confirmed to be a red candle.
Next month gives a better moment to Bitcoin, and the right distance to save Bitcoin to Halving Bitcoin in this cycle, I am very waiting for it.

For predictions of a few days, it is more sideway and below, and that will definitely happen, maybe this sentiment will push the price of Bitcoin to the level of $ 24K- $ 23k back in the next few days before Bitcoin does it back up.

For daily and weekly TFs it can be confirmed as a red candle, but I cannot confirm that this red candle will continue on the monthly TF. This means that there is still a possibility of seeing a green candle before September closes, so don't let your optimism disappear just because of a correction.

In fact we haven't finished the second week for September yet, so I think there's still plenty of time to see the differences. Negative sentiment in the market can turn positive, but it may take some time to expect recovery. Red candles have been kept in July and August, but I didn't hope there to be 3 red candles in a row. While I'm not really sure what caused the market to correct in the last few hours, it's a good idea not to pay too much attention to it if you don't accumulate.

Well, on a weekly time frame, there is no change in the structure of the bitcoin. Bitcoin is making HH and HL and as long as this structure remain intact the bitcoin will remain bullish. For me, 24,800 - 25,000$ is a key level. A daily close below this level will mean that we may be moving towards a break of structure, and a weekly close below this level will confirm an extended bear market.

I hope Bitcoin will not break this important support and right now we are seeing that Bitcoin is pumping nicely from this support but seriously we would not want Bitcoin to touch this support a few times, making it weak.

[Franctoshi]

There is something that, I think, will play here within this zone of support $24k-$25k, which I used to see happen based on my experience, basically what I call induce of sellers, There is likely a chance that Bitcoin may attempt to sweep that support, wick down then back up and will fail to have a close below that support level in the Monthly time. Just as you said that breaking below that level of support will cause Bitcoin to bleed down against the U.S. dollar, that is basically the kind of play that the market likes to play, to fool people and do the opposite.


 

[puloweh555]

We are still in a bear market right now. To be honest, the graph chart shows that the movement is still on a downward trend. There is therefore no other viable option at the moment to take advantage of the chance to invest in and acquire cryptocurrencies that we believe will generate a high return on our future investments. And what some have said here is true: During current bear season, DCA is still one of the best tactics. The main thing is that we can buy crypto assets for the future if there is a purchase, even if it happens gradually.

Let's just say that opportunities like this don't come twice, so there is a greater sense of enthusiasm to continue buying crypto assets, even on a DCA basis. Moreover, if the target to buy is Bitcoin, it is clearly very good and will not cause harm as long as you are patient and wait for higher prices. I'm also still very happy to make purchases using the DCA method because it doesn't have such a high burden at all and today I saw Bitcoin almost touch $26K again. Hopefully tomorrow or the next day Bitcoin can pass $26K and approach $27K.

Of course it's never too late to buy bitcoin, so there's no need to think about second chances because every time is an opportunity. The DCA strategy is reliable because we can calculate the assets we own, and we don't think about prices, we only think about future goals.

If we look at Btc halving history then next year is the time.
Halving Nov 2012 : ATH Nov 2013
Halving July 2016 : ATH Dec 2017
Halving May 2020 : ATH April 2021- November 2021
But Bullrun has a process where BTC doesn't pump for one day without stopping, so maybe it will happen at the end of 2024 but that's not the peak in my opinion. In 2025 Q1 it will really peak at whatever price. Cmiiw

[JayJuanGee]

I think that you make a good point, at least in regards to clarifying that we should be able to consider that the move from $69k to $15,479 can be constituted as a bear market, so then one of the questions becomes whether or not we are yet out of the bear market.. .and 1) is the bottom in  or 2) are we going to bounce around the bottom (even if higher than the bottom) for long enough that we can confirm that the bear market is not over.

It is somehow challenging knowing what the bottom is as you should already know that no one can accurately predict what the price will do. Besides, I consider it pointless looking for the bottom. Instead of worrying about the bottom, one can just do a simple analysis:

1. what is the ATH of Bitcoin? This being around $69k
2. Check if price is at a discount which is 50%  below the ATH... in the case with Bitcoin, it is a yes.
3. Are there chances of a bullrun in the near future? Yes it is possibly considering that there is a major even next year; an event that always lead to a surge in price.

With the above three points noted and established that price is at a discount and there is a high chance we will see a new ATH, then it is wise to buy using any method such as DCA. To me looking for the bottom might actually be a major distraction and a lot of people who practice this might miss the opportunity to buy at a discount.

I don't know if you got enough because if we are holding for the long term it might not even matter if we are buying towards the top or the bottom, but surely people appreciate feeling that they are buying towards the bottom and I think that the 200-week and the 100-week moving averages are good for that... shorter time frames have less significance. at least for the longer term holder.. perhaps someone holding 4-10 years or longer, and surely if someone has already been in bitcoin for a couple of years and they were thinking that they were holding for at least 4 years, then they might only have 2 more years left on their hold time, so maybe they get nervous in times like this in which their portfolio is not doing very good after two years, and sure maybe they should be buying more, but if they already bought a lot of bitcoin they might not be in the mood to buy more, even if buying more might be the good move, but buying more should then put their timeline to be 4-10 years on the newly acquired coins... but sometimes people have difficulties with continuing to commit to longer time frames, so they might just let their investment ride, even though buying would bring down their cost per coin (if they happen to be under water)

I am not going to proclaim to know the answers to these questions, even though my sense was that the chances were pretty good that the bear market was over when we got above $25k and pretty much stayed above $25k since mid-March 2023.. and yeah, it is not 100% clear while we are in our various price moves whether we are still in the bear market or if it really is over or not...

I had this feeling too but the prolonged consolidation within that region made me have a second thought. I will be like: "what is holding the price from leaving this region already?"

It is still hard to believe that there are going to be circumstances to bring BTC prices to new lows for this cycle, especially since the low of $15,479 was reached in November 2022 - and the 200-week moving average was around $24k at that time, so the low was around 35% below the 200-week moving average. 

Right now the 200-week moving is $27,691, so to get an equivalent of 35% below the 200-week moving average, BTC prices would have to go below $17,859 if it were to go there today, and the 200-week moving average is continuing to move up about $12 per day, so it just becomes further and further from how far breaking the current low of $15,479 would cause the price to be more than 46% below the 200-week moving average, and I am not saying that it is impossible, but I am saying it sounds a bit unrealistic to even be expecting those kinds of price drops in something as good as bitcoin, absent some pretty strange-ass breaks in what bitcoin is and inabilities to keep downity manipulators in check with actual and real bitcoins that they likely do not have and so at some point it does not make any sense that they can keep the BTC price down if they don't have actual bitcoins to sell rather than make-believe bitcoin.. which causes them to run the risk of getting reckt as fuck..

-

We will see that, be happy, the Bitcoin market today was hit by a negative sentiment and became a bearish sentiment again after some time before recovering a few months, the candle in September had been confirmed to be a red candle.
Next month gives a better moment to Bitcoin, and the right distance to save Bitcoin to Halving Bitcoin in this cycle, I am very waiting for it.

For predictions of a few days, it is more sideway and below, and that will definitely happen, maybe this sentiment will push the price of Bitcoin to the level of $ 24K- $ 23k back in the next few days before Bitcoin does it back up.

For daily and weekly TFs it can be confirmed as a red candle, but I cannot confirm that this red candle will continue on the monthly TF. This means that there is still a possibility of seeing a green candle before September closes, so don't let your optimism disappear just because of a correction.

In fact we haven't finished the second week for September yet, so I think there's still plenty of time to see the differences. Negative sentiment in the market can turn positive, but it may take some time to expect recovery. Red candles have been kept in July and August, but I didn't hope there to be 3 red candles in a row. While I'm not really sure what caused the market to correct in the last few hours, it's a good idea not to pay too much attention to it if you don't accumulate.

Well, on a weekly time frame, there is no change in the structure of the bitcoin. Bitcoin is making HH and HL and as long as this structure remain intact the bitcoin will remain bullish. For me, 24,800 - 25,000$ is a key level. A daily close below this level will mean that we may be moving towards a break of structure, and a weekly close below this level will confirm an extended bear market.

I hope Bitcoin will not break this important support and right now we are seeing that Bitcoin is pumping nicely from this support but seriously we would not want Bitcoin to touch this support a few times, making it weak.

I get your point virasog, but I doubt that it would be as dire for bitcoin as you suggest if some of those squiggly lines end up getting broken ($24,800 - ish). .and then bitcoin still ends up bouncing back, even though it wasn't supposed to be able to .. blah blah blah.

[bhadz]

And what some have said here is true: During current bear season, DCA is still one of the best tactics.

Nothing beats that for sure.

The main thing is that we can buy crypto assets for the future if there is a purchase, even if it happens gradually.

That's what DCA actually is. We can buy gradually when the market is on its bearish turn and many take it for granted because they're thinking that it's not going to change any time soon. Well, they could be right but it's also better to get prepared before some opposite force comes to what we're having right now, right?

[Sebas.tian]

The bear market is not over. Because the price of Bitcoin is now starting to fall. Its price was around 30k for a long time, and now its price has come down even more. Bitcoin price is now 26k. But the bear market is end very soon.

Yes, it will end very soon for bullish season to take over the market but it will be difficult for the bullish season to happen in this year 2023, because it remain few months before the end of this year and the price of Bitcoin is still not stable yet for investors to believe that there is a hope. I think, next year will not be like last year and this year, because it was bearish through out the two years and many investors use the opportunity to buy huge amount of Bitcoin against the next bullish market. I believe from the next price of Bitcoin will determine if the price will decrease more than $25,000 or it will increase above $30,000 for investors to get prepare and not to be panic anymore.

[Reatim]

Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.

What do you all think about theer
sudden bounce back and price increase on Bitcoin of lately?

lets not fall into trap each time there is a small pump or increase from the prices .
and congratulating those who bought those time are truly a lucky one because there is a more bull market coming than that.
remember the way you must handle your Holding and how long you can keep it.
and calling it Bear are over last year? look how it works till today .
Just Keep your faith in Bitcoin mate , surely it will bring whats best for all of us.
need  to respect bitcoin at all time but never listen to wrong advices.

[YUriy1991]

Currently there is a lot of mystery surrounding the hidden world of cryptocurrencies and what is certain is that if you pay attention, the whales keep the selling price lower than the buying price. So, what we need now is what trading strategy to use to make a profit and we know for sure it's different, of course whether you want to use DCA, set your bid at the lowest price or whatever. The important thing is don't miss the train if the bull happens at any time.

[virasog]

I get your point virasog, but I doubt that it would be as dire for bitcoin as you suggest if some of those squiggly lines end up getting broken ($24,800 - ish). .and then bitcoin still ends up bouncing back, even though it wasn't supposed to be able to .. blah blah blah.

Yes, that's called manipulation, where the market makers and whales can give an illusion to the retail that look the 24K level is broken, now we are going down and everyone should sell, but usually such manipulation does not last long. Thats why we see "wicks" in the daily and weekly time frame, where the price moves down below important support but before the end of the day/week, recovers back.

In case, the price closes below the major support, does not recover and stays there in a higher time frame (Weekly), then chances are that the trend is broken.

Technical analysis (price action) does work in trading because the trading chart is not representative of the indicators & lines, rather it shows the human behavior and sentiments of the market, but most people do not know how to read them properly.

[JayJuanGee]

I get your point virasog, but I doubt that it would be as dire for bitcoin as you suggest if some of those squiggly lines end up getting broken ($24,800 - ish). .and then bitcoin still ends up bouncing back, even though it wasn't supposed to be able to .. blah blah blah.

Yes, that's called manipulation, where the market makers and whales can give an illusion to the retail that look the 24K level is broken,

It is also called failure to sufficiently/adequately account for bitcoin's not being a mature asset class that may well not be subject to the blah blah blah the squiggly  lines try to tell you - especially in terms of the ongoing UPpity price pressures that should be accounted for when an asset (such as bitcoin) is a paradigm-shifting asset that has likely underlying exponential s-curve adoption dynamics that might not be adequately taken into account.

now we are going down and everyone should sell, but usually such manipulation does not last long. Thats why we see "wicks" in the daily and weekly time frame, where the price moves down below important support but before the end of the day/week, recovers back.

And you have the right to rely on squigglies as much as you like to make your arguments about what the shadows on the cave walls mean, and sure traders do that and good luck with that nonsense when the better habits are not to necessarily fuck around with those kinds of short term dynamics that may or may not happen in accordance with what the squiggly lines are suggesting to suppose to happen.

In case, the price closes below the major support, does not recover and stays there in a higher time frame (Weekly), then chances are that the trend is broken.

Yes, and all of that could happen, but then BTC could still end up bouncing back... so then you have to come up with a new theory (or explanation), and hopefully you end up attempting to incorporate the s-curve adoption angle that is going to likely bias your little models to the upside no matter what they are telling you "should happen."

Technical analysis (price action) does work in trading because the trading chart is not representative of the indicators & lines, rather it shows the human behavior and sentiments of the market, but most people do not know how to read them properly.

Yes.. you better figure it out if that is what you are doing...

As you might have noticed I don't fuck around with that stuff or recommend that others do it, and I also frequently like to denigrate people who are seeming to assign too many probabilities to what they suggest the charts are telling them is going to happen, and it is quite likely that my own system that largely relies upon accumulate and HODL and don't fuck around with trying to guess BTC price moves, is outperforming the vast majority of traders... so yeah, maybe you are an exception to the rule and you are outperforming DCA, but still, I doubt that there are too many good ideas that come from assertions that if the $25k support  breaks it is going to turn into resistance blah blah blah.. so good luck trading that kind of nonsense in bitcoin.. when likely a much better strategy is to consider that anything around and below the 200-week moving average (which is currently at about $27,700) is a good buy and the lower we go below the 200-week moving average the more you are likely putting yourself into danger if you think that the price is going to go down before it goes up, even if your lil squigglies end up telling you that is what is suppose to happen. and probably your little squigglies don't even account for where we are at in comparison to the 200-week moving average.... so good luck (you are likely going to need it.. if you keep on playing those kinds of games with king daddy) with any sells that you might make or failure to buy because you are expecting lower prices that may or may not end up happening.

[philipma1957]

Look at price from the mining viewpoint. Miners have always made money at 6 cent power (98% of all time)

Right now what does a six cent power cost miner earn

okay a 140th machine earns 0.062x140 = $8.68 it burns 75 kwatts or $4.50 so profit is $4.18 with the best gear.

second tier gear earns 0.062x110=$6.82. it burns $4.50 so profit is $2.32 with second tier gear.

Miners represent the sane floor price of BTC (ie not speculative price instead more based on actual power expense.)

So next year when blocks half that 140th machine earns $4.38 and burns $4.50 = losing 18 cents with top of the line gear.

this is a rare event it almost never happens.

So in short term of now to next April/May we will likely be at a higher price than 26k. 

Or mining becomes a fail which will hurt a lot of people in a lot of ways.

Mining has been a grind much more than a fail.

So I do not worry that we will be under 30k next spring.

I am thinking 35k to 45k by the scheduled ½ ing date of April 17th. 2024

[khiholangkang]

We are still in a bear market right now. To be honest, the graph chart shows that the movement is still on a downward trend. There is therefore no other viable option at the moment to take advantage of the chance to invest in and acquire cryptocurrencies that we believe will generate a high return on our future investments. And what some have said here is true: During current bear season, DCA is still one of the best tactics. The main thing is that we can buy crypto assets for the future if there is a purchase, even if it happens gradually.

What do you mean by the mention of crypto? what are altcoins? You need to remember that crypto has a compound meaning, I think we are all here talking about bitcoin and the mention of crypto does not mean bitcoin.

I often hear that the DCA strategy is the right thing to do in various market conditions for those of us who don't want to experience more mental stress due to falling prices in bitcoin, so with DCA you can have a budget to continue buying bitcoin at the price when it decreases. like to day that is still very far from the previous ATH.

The bear market will definitely end, even though it is boring and also very annoying because it makes us bored when the bitcoin portfolio is still in the red.
The winners are those who survive and continue accumulating bitcoin until we smell the delicious aroma of bullrun, and the green aroma is refreshing to the eyes and mind, hold on to holding bitcoin friends so you can inhale the aroma.

[Mr.right85]

We are still in a bear market right now. To be honest, the graph chart shows that the movement is still on a downward trend. There is therefore no other viable option at the moment to take advantage of the chance to invest in and acquire cryptocurrencies that we believe will generate a high return on our future investments. And what some have said here is true: During current bear season, DCA is still one of the best tactics. The main thing is that we can buy crypto assets for the future if there is a purchase, even if it happens gradually.

What do you mean by the mention of crypto? what are altcoins? You need to remember that crypto has a compound meaning, I think we are all here talking about bitcoin and the mention of crypto does not mean bitcoin.

I had a good friend JayJuanGee call me to terms on that in another thread and coming here to see someone else straighten it up yet again gives me the chills of what job is been done on the forum and how altcoins continues to be a mess in the hearts of bitcoin faithfuls. How far it’s butter experiences have got us!

I often hear that the DCA strategy is the right thing to do in various market conditions for those of us who don't want to experience more mental stress due to falling prices in bitcoin, so with DCA you can have a budget to continue buying bitcoin at the price when it decreases. like to day that is still very far from the previous ATH.

That’s the point I sometimes want people to be about when talking about DCA strategy. It ain’t a strategy for a time. I hear some people say DCA during the bear markets but, that’s not the point as I see it about the strategy. It’s supposed to play roles without looking at the market condition. Just dependent on how much you’ve got set aside to invest and you keep buying time after time.
DCA works that way, it removes stress of having yo analyze every market and the anxiety that comes with the market conditions.

I think that you make a good point, at least in regards to clarifying that we should be able to consider that the move from $69k to $15,479 can be constituted as a bear market, so then one of the questions becomes whether or not we are yet out of the bear market.. .and 1) is the bottom in  or 2) are we going to bounce around the bottom (even if higher than the bottom) for long enough that we can confirm that the bear market is not over.

Establishing the point at which the bear market ends isn’t something that comes in a uni agreement. I like to view it for a subjective establishment of what point could be seen to have ended the bears. We could only establish a bill when it’s obviously dominated by the bulls. At the moment, we aren’t completely far from half the price when we compare where price is now and the current ATH. Still, we aren’t far from the dip. The market could be said to be consolidating.

[Dr.Bitcoin_Strange]

So, what we need now is what trading strategy to use to make a profit and we know for sure it's different, of course whether you want to use DCA, set your bid at the lowest price or whatever. The important thing is don't miss the train if the bull happens at any time.

The best way to aim for profit in Bitcoin investment is to buy on the dip and hold till the bull Run, while using the DCA strategy, there may be a need to adjust your buy price, but you cannot predict the price movement, which is why I think that it's better to buy at the current price, at least since the price is not currently so bullish. Some people are readjusting their buy orders to buy at a very low price, but sometimes the market can just have a quick jump in price, and you will lose the opportunity to buy at that low price that you already experienced. There was a friend of mine last year who had the opportunity to buy Bitcoin at $16k but was always adjusting it because he was hoping to buy at $12, but unfortunately for him the price went up and he ended up buying above $20k, which he regrets not buying when the price was still around $16k. So, I think it's wise to buy when the price is not still so bullish.

[YOSHIE]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.

We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

[taufik123]

-snip-
We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

They regret only that they couldn't make good use of the bear market.
A moment that is always awaited by the once every 4 years event, the Halving which has a big influence on the crypto market including Bitcoin.

But what do some people think, they only panic when the market continues to fall, even though this is a good opportunity to double profits.
When at high prices they want a cheap price, but when the cheap price comes and even very cheap they don't buy it and choose to stay silent and just watch others succeed.

Success is each person's choice, if they are able to utilize everything well and are willing to take risks, they will be successful and there will be no regrets in the end.

[Mate2237]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.

We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

That was last year and currently the bear market is getting over again. today the price has risen to $26,642,60 which has been cross over the terminal line of $25k. From the way I look at it, the price will not come down again to $25k because the movement of the rising price is accelerating. And before this month will end, and if the price continuously rising like this, it will climb to the $30k level again. And it will end the year with $40k, this is what I predict.

The records of bitcoin prices today will help the future analysis. Because the things that has happened in the cryptocurrency market are the ones that will form the history of cryptocurrency.

[CryptSafe]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.

We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

That was last year and currently the bear market is getting over again. today the price has risen to $26,642,60 which has been cross over the terminal line of $25k. From the way I look at it, the price will not come down again to $25k because the movement of the rising price is accelerating. And before this month will end, and if the price continuously rising like this, it will climb to the $30k level again. And it will end the year with $40k, this is what I predict.

The records of bitcoin prices today will help the future analysis. Because the things that has happened in the cryptocurrency market are the ones that will form the history of cryptocurrency.

Definitely there would be speculations which is a normal but while that is going on as a smart trader one should be able to know when to buy low. Some people fail to understand that aspect of trading when it is due to buy. Waiting for just a lower low might put you off track and you missing out from buying at the right spot when the market was low.

Talking about the sudden price increase, this same pattern happened last year as at this period when the price of bitcoin soared high but failed to surpass the last all time high. This time around, I think it would do better than last year coupled with the fact that halving is around the corner.

[cryptomaniac_xxx]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.

We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

Yes, every 4 years we will see a bull run, next year is the catalyst though, it's the bitcoin halving and everyone was exciting to experienced it again and of course as I have said, we will see another bull run which means new all time high.

So for now, let's say that we are still in the bear market, technically the price should be lowered or be in a decline. And we really need to be mentally tough to be able to survived this bear market. And if by chance we did, then look no further as next year will be the start of a big rally.

[CryptSafe]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.

We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

Yes, every 4 years we will see a bull run, next year is the catalyst though, it's the bitcoin halving and everyone was exciting to experienced it again and of course as I have said, we will see another bull run which means new all time high.

So for now, let's say that we are still in the bear market, technically the price should be lowered or be in a decline. And we really need to be mentally tough to be able to survived this bear market. And if by chance we did, then look no further as next year will be the start of a big rally.

Hopefully, next year halving is a catalyst to the next bull run possibly above the last all time high should be the target but however I am to understand that Crypto market can do better than its current state by rallying good price but in some cases might be below the last all time high. However, it's just a sure thing that bitcoin would do much better as a result of the halving by the corner. If you can, bag more bitcoin while the market still stands at this point.

[CarnagexD]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.

We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

The cryptocurrency market has experienced various cycles and events over the years, including Bitcoin's halving events approximately every four years, which often have significant effects on the market dynamics. These events serve as valuable lessons for crypto users, emphasizing the need for careful planning, risk management, and a long-term perspective.

Which means if that is cycle, previous profile or delivery on price would likely to repeat but on a very different manner. That is why by staying informed, adopting a responsible approach to investing or trading, and learning from past experiences and market trends, individuals can increase their chances of success.

[Fatunad]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.

We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

Yes, every 4 years we will see a bull run, next year is the catalyst though, it's the bitcoin halving and everyone was exciting to experienced it again and of course as I have said, we will see another bull run which means new all time high.

So for now, let's say that we are still in the bear market, technically the price should be lowered or be in a decline. And we really need to be mentally tough to be able to survived this bear market. And if by chance we did, then look no further as next year will be the start of a big rally.

Hopefully, next year halving is a catalyst to the next bull run possibly above the last all time high should be the target but however I am to understand that Crypto market can do better than its current state by rallying good price but in some cases might be below the last all time high. However, it's just a sure thing that bitcoin would do much better as a result of the halving by the corner. If you can, bag more bitcoin while the market still stands at this point.

Halving would really be indeed the catalyst and come to know that the previous bull run kick in after 7-8 months after the halving. The thing we cant be sure now if it would really be repeating or following those past events or not.This is why it is really that wise that we should really be placing ourselves while the market is still low or really that still cheap. People would really be starting on accumulating on the time that FOMO kicks in, better avoid that and the best time would be "NOW". Bear market cant be considered to be over until we do see that full reversal when it comes to price and the moment we are still that moving sideways and people would really be just making out some action if the market would be showing some recovery. $30k now is really that a hard resistance to break and if ever we would be able to break this point then pretty sure we would be going into those numbers that we arent been able to reach for  this year alone.

[TravelMug]

What do you all think about the sudden bounce back and price increase on Bitcoin of lately?

Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.

We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.

Yes, every 4 years we will see a bull run, next year is the catalyst though, it's the bitcoin halving and everyone was exciting to experienced it again and of course as I have said, we will see another bull run which means new all time high.

So for now, let's say that we are still in the bear market, technically the price should be lowered or be in a decline. And we really need to be mentally tough to be able to survived this bear market. And if by chance we did, then look no further as next year will be the start of a big rally.

Hopefully, next year halving is a catalyst to the next bull run possibly above the last all time high should be the target but however I am to understand that Crypto market can do better than its current state by rallying good price but in some cases might be below the last all time high. However, it's just a sure thing that bitcoin would do much better as a result of the halving by the corner. If you can, bag more bitcoin while the market still stands at this point.

For now that will be the best bet for all of us, it will be he catalyst for a bull run and just like in the past, block halving is the most awaited event because of what it can do in the market.

So for me, the cycle is not going to break, after the halving and just count a couple of months, we might see the price slowly going up and then the official bull run begins. And it could take 2 years and it could end in 2025.

[superman184]

Hopefully, next year halving is a catalyst to the next bull run possibly above the last all time high should be the target but however I am to understand that Crypto market can do better than its current state by rallying good price but in some cases might be below the last all time high. However, it's just a sure thing that bitcoin would do much better as a result of the halving by the corner. If you can, bag more bitcoin while the market still stands at this point.

I also think that it should be able to be utilized by everyone from now on, because it would be great if everyone would start gradually buying Bitcoin before the $30K price is seen again on Bitcoin. Because the halving next year is something that will become very real so it would be a huge loss if it was ignored by everyone who still really wants to experience extraordinary profits through Bitcoin. So buying as much as you can and holding until the halving or until a big increase is seen again in Bitcoin is a pretty good option for everyone.

[salad daging]

They regret only that they couldn't make good use of the bear market.
A moment that is always awaited by the once every 4 years event, the Halving which has a big influence on the crypto market including Bitcoin.

But what do some people think, they only panic when the market continues to fall, even though this is a good opportunity to double profits.
When at high prices they want a cheap price, but when the cheap price comes and even very cheap they don't buy it and choose to stay silent and just watch others succeed.

Success is each person's choice, if they are able to utilize everything well and are willing to take risks, they will be successful and there will be no regrets in the end.

Sure we had regrets in the past, but now it won't be the second time when the bear market will be a moment that should be utilized for everyone to multiply what they are in bitcoin with the history of the next halving and only people dare to do this, while sentiment people will think about market volatility and everything else.

There are still many people behaving like that like a weak mentality in investing too much panic when the price drops but not thinking about the opportunities ahead.
With hesitant people, they will not succeed to any extent and will only see others succeed while they themselves will regret it.

We should not be part of the weak people against responding to bitcoin when it is down.