Bear market likely over?

[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.

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[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.