Bear market likely over?

[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.