Bear market likely over?

[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.

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[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.