Is the bear market over?

[KcTing88]

It's too early to say that the bear is over or the bull is back. For the past experienced, the market won't go as what majority thought. Just follow as the trend by the TA u know maybe. Always trade with SL to get trapped by the market. Good luck guys.

[1715520937]

1715520937

[traderethereum]

We can hope so although it is not certain that it will happen.
However, seeing the movement of bitcoin getting better than before, there is a possibility that some altcoins will start to increase first.
And if that happens, maybe we will repeat the incident in the previous year where some altcoins immediately posted the latest ATH followed by bitcoin which also experienced an increase.
And before all the coins start to increase, we must prepare ourselves in advance so that it is not too late to get big profits again.

The last bull cycle just started with the growth of bitcoin, and the altcoins waited, and only after that they began to catch up with bitcoin. I think everything will be the same in the next cycle, because very often altcoins take a wait-and-see position when bitcoin starts to rise, and when bitcoin becomes more or less stable, then altcoins begin their movement.

I also hope so and if you look at bitcoin's growth, I think it will continue and there is a possibility that the price can still go up again.
But apart from the current growth of bitcoin, we also have to stay alert because a price correction is bound to happen and we don't know how deep the correction will be.
I also see that the condition of altcoins is also still waiting for bitcoin's movement, although some altcoins are already showing signs of wanting to increase.
And hopefully the altcoin season will come this month or next month after that, bitcoin will start to increase.

[FanEagle]

Think of it like this; if you would be given 1 million dollars in cash or 1 million dollars in bitcoin, which one would you pick right now if you cannot touch them for 6 months? It’s going to be locked for 6 months, and you are going to be given that choice today, so if in 6 months bitcoin is higher, you would have more than 1 million, if lower then less, but in 6 months only inflation will impact that million if you take in cash.

If you say crypto that means you believe in 6 months it will be higher and that means it’s going better. I personally believe that it will definitely be something that will help us all very well if we could just hold for a while.

[Maestro75]

It's possible that the recent increase in the value of some popular cryptocurrencies is just a trap, because we are still in a bad situation right now, it's too soon to say the bear market is over, I hope I'm wrong.

Yes I hope you are wrong too because we have seen that the price of bitcoin is gradually stabilizing above $19,000. It is at $21,200 now. If it continues to remain above that level a few days more it will be clear to not sell. Anyone selling even now will regret it. Take a position now and buy the little you can.

It's too early to say that the bear is over or the bull is back.

I disagree that it is too early to say that, we have seen enough sign for the end of the bear because price has remained above its last low for this year for weeks now. I do not see it going back to $17,000.

[fzkto]

Too early to talk about bear market, it is nothing to see small pumps that can be bull trap. After confirming trend or reversal trend, debating the good altcoins may be helpful to make correct investment choices. I dunno about recent trend reversal will happen soon.

I agree with you that it's not clear yet if there has been a reverse or if it's a dead cat bounce, but some big coins have already pumped up nicely. For example dogecoin has doubled its value or litecoin has added 50% in just a few days. These coins have a large capitalisation and are not easily pumped. Maybe this can tell us about the altseason?

[Bytem3]

Not even close. I think 2023 will be bearish, check google trend, still too many people are interested in Bitcoin

[Kelvinid]

Too early to talk about bear market, it is nothing to see small pumps that can be bull trap. After confirming trend or reversal trend, debating the good altcoins may be helpful to make correct investment choices. I dunno about recent trend reversal will happen soon.

I agree with you that it's not clear yet if there has been a reverse or if it's a dead cat bounce, but some big coins have already pumped up nicely. For example dogecoin has doubled its value or litecoin has added 50% in just a few days. These coins have a large capitalisation and are not easily pumped. Maybe this can tell us about the altseason?

I haven't yet been convinced by that scenario. I was not thinking about the altcoin season as it only comes during the bull market and unfortunately, we are still far from it. What we just see on Dogecoin and LTC was just common price volatility, it rolls up and down. The only thing that I could say will influence the market price is when the price of Bitcoin will do the rally but until we never see it, the bear season will remain. I actually don't hate it as it was acceptable. We have to accept the nature of the market.

[Bazzu]

It's possible that the recent increase in the value of some popular cryptocurrencies is just a trap, because we are still in a bad situation right now, it's too soon to say the bear market is over, I hope I'm wrong.

Indeed, if you look at the current economic situation, I don't think it's time for the bear market to end, because I see that there is still no high price increase in the market, because even if there is an increase, it will fall very quickly, so I don't think the bear market is over.

[Adbitco]

We have less than 54 days thereabout to end of the year and there could be a change in the market anytime soon we can't over emphasized on 2024 for the next bitcoin halving which could possibly make the bitcoin price to gain a new ATH, so there could be bull but not certain since i m not a market analyst to determine what could happened in the next frame so i believe bear is possible.
There are still time to fill up your bags and get ready for the next move if possible.

[TheUltraElite]

Indeed, if you look at the current economic situation, I don't think it's time for the bear market to end, because I see that there is still no high price increase in the market, because even if there is an increase, it will fall very quickly, so I don't think the bear market is over.

It is never over, it just the cycle that keeps on going. Thinking that "now we are out of the bad zone" is wrong because bear markets are not bad but they give us the time to buy at low and observe how the projects cope with the bad times, a stress-test.

High price rise also does not signify the bull market, but the sustained price rise and inflow of  more volume in the market would. A sudden price spike would also come down quickly, so they should not be given that much importance even though they seem very tempting to investigate as to what caused them, most cases the cause will not be clear.

While the world economics suffer, they will be dearth of money in crypto too, so better to wait it out for now. If the 0.6% gains of the last 7 days turn out to be a part of a bull trial, good for us.

[Japinat]

We can only just say that the bear market is over when the entire market is green and prices are moving high like 50% increase, that was satisfying enough to say that. But as we are still seeing the red chart were still seeing prices are declining, it is absolutely we are still in the bear market. But have to think about what happened in the previous bear season, it takes 3 years to recover. Though I don't say it will happen again, however, that can be still
possible.

So, instead of thinking about the bear market when it will be over, better make yourselves busy with other stuff just to keep your faith strong.

Yup, anything is possible to happen in any given minute or hour as we don't know what will happen along the road and if we're in for another surprise regarding the market's price, we really don't know. That said, we can't say if the bear season is nearing its end nor provide an accurate answer to that question. Let's just be patient for now and just grab and buy whatever we can while it's still selling at a cheap price.

[fzkto]

Too early to talk about bear market, it is nothing to see small pumps that can be bull trap. After confirming trend or reversal trend, debating the good altcoins may be helpful to make correct investment choices. I dunno about recent trend reversal will happen soon.

I agree with you that it's not clear yet if there has been a reverse or if it's a dead cat bounce, but some big coins have already pumped up nicely. For example dogecoin has doubled its value or litecoin has added 50% in just a few days. These coins have a large capitalisation and are not easily pumped. Maybe this can tell us about the altseason?

I haven't yet been convinced by that scenario. I was not thinking about the altcoin season as it only comes during the bull market and unfortunately, we are still far from it. What we just see on Dogecoin and LTC was just common price volatility, it rolls up and down. The only thing that I could say will influence the market price is when the price of Bitcoin will do the rally but until we never see it, the bear season will remain. I actually don't hate it as it was acceptable. We have to accept the nature of the market.

Altcoins have not always risen with bitcoin. It used to be that bitcoin would go lower and altcoins would go higher. Or when bitcoin goes up, altcoins go lower. So there can be several scenarios for an altseason, not necessarily that the cycles must be repeated. And about the DOGE and LTC pump, maybe it really is a price correction, I don't know. But what I do know is that when the altseason becomes obvious to many, it means it will be over soon.

[WalkerIVIV]

there is certainly still a really long way to go until we are changing the current trend, wait until the economy gets better then you might see the trend changing otherwise if it's in the middle of economic crisis like this the chance of changing the trend is rather low, moreover most increase in value for some coins that indicates bullrun actually are just short lived increase and eventually will going down again, unlike true bullrun where the increase in value is continous.

[Natalim]

there is certainly still a really long way to go until we are changing the current trend, wait until the economy gets better then you might see the trend changing otherwise if it's in the middle of economic crisis like this the chance of changing the trend is rather low, moreover most increase in value for some coins that indicates bullrun actually are just short lived increase and eventually will going down again, unlike true bullrun where the increase in value is continous.

Our economic condition is affecting the financial capability of a person to invest and risk their money in crypto. It was really not a great time for us and only those who have the extra money can afford to buy which means that there is a huge decline in buying sentiment at this time. I was worried to see the inflation and recovery will take so long otherwise it was too long to keep this bear season stay as well. And our hope now is to wait for the halving period to help the market recover or else, the condition of the crypto market will stay like this for a long time.

[Emperor of Man]

I don't think bear is over, nope. Most probably we're gonna have some more red later.

But I don't agree with people who say we had 3-4 years of bear in the last cycle. I think we had 1 year of bearish market (2018), then about 15 months of mostly sideways activity (a BTC pump in 2019 too). Surely this doesn't mean it will be the same this time though, that remains to be seen.

[Silberman]

there is certainly still a really long way to go until we are changing the current trend, wait until the economy gets better then you might see the trend changing otherwise if it's in the middle of economic crisis like this the chance of changing the trend is rather low, moreover most increase in value for some coins that indicates bullrun actually are just short lived increase and eventually will going down again, unlike true bullrun where the increase in value is continous.

Our economic condition is affecting the financial capability of a person to invest and risk their money in crypto. It was really not a great time for us and only those who have the extra money can afford to buy which means that there is a huge decline in buying sentiment at this time. I was worried to see the inflation and recovery will take so long otherwise it was too long to keep this bear season stay as well. And our hope now is to wait for the halving period to help the market recover or else, the condition of the crypto market will stay like this for a long time.

The world economy is without a doubt affecting the ability of the market to recover, but this was to be expected, after all with all the money that was printed with the excuse of the pandemic it was impossible for an economic crisis to not happen, so what we need to do is that even if it is difficult for us to try to get the money necessary to keep investing in bitcoin it is still something that needs to be done, since the only other option is to do nothing and simply accept the impact of the upcoming crisis.

[bitzizzix]

there is certainly still a really long way to go until we are changing the current trend, wait until the economy gets better then you might see the trend changing otherwise if it's in the middle of economic crisis like this the chance of changing the trend is rather low, moreover most increase in value for some coins that indicates bullrun actually are just short lived increase and eventually will going down again, unlike true bullrun where the increase in value is continous.

Our economic condition is affecting the financial capability of a person to invest and risk their money in crypto. It was really not a great time for us and only those who have the extra money can afford to buy which means that there is a huge decline in buying sentiment at this time. I was worried to see the inflation and recovery will take so long otherwise it was too long to keep this bear season stay as well. And our hope now is to wait for the halving period to help the market recover or else, the condition of the crypto market will stay like this for a long time.

The world economy is without a doubt affecting the ability of the market to recover, but this was to be expected, after all with all the money that was printed with the excuse of the pandemic it was impossible for an economic crisis to not happen, so what we need to do is that even if it is difficult for us to try to get the money necessary to keep investing in bitcoin it is still something that needs to be done, since the only other option is to do nothing and simply accept the impact of the upcoming crisis.

All types of investments have been impacted by the global crisis and also led to inflation, and although the market is bearish and still looks stable even after the two big announcements, signals of institutional acceptance and crypto adoption continue to increase despite the bear market.
so it's still the best option to buy the right coins and potentially profitable for the long term especially on bitcoin and using money you can afford to lose. So we have to be patient because the bear will definitely end at the right time although we don't know how long it will take but that's for sure.

[Polkeins]

The bear market will end in the present, when every day the entire market, including forgotten and unnecessary altcoins grow by 20-30% per day, practically without stopping.
What is happening now is essentially fluctuations inside the bear market that do not decide anything, one of the altcoins can grow with the market or against the market, but in fact all altcoins depend on bitcoin, which is like all these years, all of these years, all It also moves the market for a large one.

[maydna]

The bear market will end in the present, when every day the entire market, including forgotten and unnecessary altcoins grow by 20-30% per day, practically without stopping.
What is happening now is essentially fluctuations inside the bear market that do not decide anything, one of the altcoins can grow with the market or against the market, but in fact all altcoins depend on bitcoin, which is like all these years, all of these years, all It also moves the market for a large one.

That's true, but right now, it looks like the bear market will not end because I guess that the price of bitcoin has not been able to increase sharply and can only rise little by little. So it seems the crypto market still needs some more time to start the bull market. Meanwhile, several altcoins are starting to move and stabilize in price after a sharp decline in the past few months. And if this condition can continue, the altcoin season may come first, and then the bull run for bitcoin will follow, and maybe it will happen in the next year or two years.

[KINVAN e]

I think it's fast, because the people around me stop playing, I think whenever people around me leave this circle, then the bear market should be over soon