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Author Topic: Bear market likely over?  (Read 2964 times)
Leviathan.007
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October 31, 2022, 06:01:16 PM
 #81

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.

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October 31, 2022, 06:09:56 PM
 #82

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.

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October 31, 2022, 07:26:26 PM
 #83

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

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October 31, 2022, 08:08:19 PM
 #84

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.
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October 31, 2022, 08:49:46 PM
 #85

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.

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October 31, 2022, 09:17:41 PM
 #86

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.

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October 31, 2022, 10:44:01 PM
 #87

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.



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November 01, 2022, 07:46:47 PM
 #88

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.

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November 01, 2022, 08:28:20 PM
 #89

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.

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November 01, 2022, 11:59:16 PM
 #90

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

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November 03, 2022, 07:51:02 AM
 #91

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.

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November 08, 2022, 03:10:19 PM
 #92

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.

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November 09, 2022, 07:13:55 AM
 #93

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.
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November 09, 2022, 07:24:44 AM
 #94

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.


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November 09, 2022, 01:27:14 PM
 #95

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.
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November 09, 2022, 01:51:03 PM
Last edit: November 09, 2022, 02:30:24 PM by pixie85
 #96

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.
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November 09, 2022, 02:26:15 PM
 #97

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.  

R


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November 09, 2022, 03:39:08 PM
 #98

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.

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November 09, 2022, 04:07:07 PM
 #99

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.

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November 09, 2022, 05:21:33 PM
 #100

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.

R


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