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Author Topic: Bear market likely over?  (Read 2961 times)
monineklutak
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June 11, 2023, 01:54:40 PM
 #241

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 .

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Hamphser
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June 11, 2023, 09:20:57 PM
 #242

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.

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June 11, 2023, 11:58:28 PM
 #243

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

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July 19, 2023, 08:25:01 PM
 #244

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.

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July 19, 2023, 08:36:13 PM
 #245

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.

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July 20, 2023, 10:07:38 PM
 #246

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

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July 20, 2023, 10:23:17 PM
 #247

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

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July 21, 2023, 07:15:59 PM
 #248

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.



 

 

 

 

 

 


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July 21, 2023, 09:31:42 PM
 #249

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.

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July 21, 2023, 09:46:21 PM
Merited by JayJuanGee (1)
 #250

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.

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August 26, 2023, 02:37:53 PM
 #251

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.

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August 31, 2023, 09:32:42 PM
 #252

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.

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September 01, 2023, 03:09:27 AM
 #253

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.
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September 10, 2023, 03:49:28 AM
 #254

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.

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September 10, 2023, 09:14:21 PM
 #255

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.
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September 10, 2023, 09:27:52 PM
 #256

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.

R


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September 10, 2023, 10:12:11 PM
Last edit: September 10, 2023, 11:51:49 PM by STT
Merited by JayJuanGee (1)
 #257

Quote
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.

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September 11, 2023, 02:19:50 PM
Merited by JayJuanGee (1)
 #258

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.

R


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September 11, 2023, 03:34:40 PM
 #259

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.

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September 11, 2023, 04:29:22 PM
 #260

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.

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