mich
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November 08, 2022, 07:39:36 AM |
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Well no I do not believe that the 'bear market' is over. I do think that bear markets are a great time to invest in Bitcoin. If you’re entering the market when everything is down you have a much higher possibility to get significant returns on your investments. If you happen to have extra fiat laying around then you’re in an opportune position to make money. I couldn’t think of a better time buying Bitcoin then when it’s low but be prepared to hold long. The Ukraine war and the brewing economic recession could take a while to blow over.
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HughMunro
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November 08, 2022, 08:28:10 AM |
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I don't think so, I think the market has been getting sluggish since the pandemic. Seems like I haven't been profitable since I entered the crypto market...
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danherbias07
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November 08, 2022, 11:42:51 AM |
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And another decline. We could say it's not over just yet. Someone or some group played it well, making money out of pumping the market short term and then selling back in a couple of days while the optimistic point of view is still on from the pump two days ago. It's painful to look at coinmarketcap now with all the blood spread in most of the altcoins, even the top 20 was hit hard with the sudden drop. I guess we will just have to wait for the real bull to come. Expecting to not happen by the end of the year.
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teramit
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November 08, 2022, 02:03:21 PM |
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Polkeins
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November 08, 2022, 03:04:37 PM |
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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. Bull cycles in the past began when Bitcoin going up in the first place, but altcoins started rising later, when it was clear that BTC was out of the bear market. Now the growth of altcoins can be seen as either random, based on some news/gossip, or as someone's manipulation of the asset, which, however, does not prevent one from trading these altcoins to earn more bitcoin if you want to. And there is another good definition of a bull market - everyone earns on it, literally everyone and everyone understands that the market is growing. But when the bear market comes and lasts, everyone begins to understand that the market is not bullish, already when the assets have decently fallen in price and are not going to grow. It's about that time.
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Chainsmokers
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November 08, 2022, 03:12:04 PM |
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"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
Bitcoin is under $20000 again and there is a possibility that the bear market isn't over yet, of course if Bitcoin can't get back to $20000 again in the next few days there are indications Bitcoin to dump maybe to $15k, so make sure you have to put a stop lose if you don't want to lose big, but in the long run of course bitcoin will still try to get to $100k only we don't know when it will happen.
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GreatArkansas
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November 08, 2022, 03:23:00 PM |
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"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
No the bear market is not over; what we have now are simple retrace and bear traps. Be sure not to get carried away by the dip and ignore the bad news too. Check your portfolio, and buy the hidden gems you have researched; the right time to accumulate them is now. How we can measure or what is your basis for the bear market end? As I remember before when we were already up around 50% from the cycle's all-time low. Because the time between bear market recovery -> bull run -> new all-time high is very short compared to the time during bear market, it's very long.
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execijutiere
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November 08, 2022, 07:45:19 PM |
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The market has been quiet for a couple of days and that quiet was broken today in a negative way. We saw a nice sharp drop after a long time. I see this as an indication that the market is still in the bear market. For now, we have returned to $ 17,200 in bitcoin. I don't know if it will continue. In Ethereum, we saw $ 1,235. We can say that Ftt has already disappeared. However, Solana also had a bad fall.
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Tiki Wicked
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November 08, 2022, 08:31:27 PM |
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This SBF vs CZ could deff set the bottom in the market, but we can not forget the "contagion" of 3AC, FTX is way bigger that 3AC so the repercussions. After all this show done, bottom may be in.
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lalabotax
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November 08, 2022, 09:59:54 PM |
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Well no I do not believe that the 'bear market' is over. I do think that bear markets are a great time to invest in Bitcoin.
Yes, I also do not believe that the bar market is ended now. Actually, an increase in market price doesn't mean indicating that the bear market will be ended. because there must be some processes to be passed to continue the bullish era. As we know, during the bear market, there will be also some increase and then some decrease in market price again. This is similar to the condition in the bull market, not every time, the price is pumping, and there will be some market correction after touching some rates. Moreover, this is too quick to be ended, right?
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Hypnosis00
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November 08, 2022, 10:23:03 PM |
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"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
No the bear market is not over; what we have now are simple retrace and bear traps. Be sure not to get carried away by the dip and ignore the bad news too. Check your portfolio, and buy the hidden gems you have researched; the right time to accumulate them is now. How we can measure or what is your basis for the bear market end? As I remember before when we were already up around 50% from the cycle's all-time low. Because the time between bear market recovery -> bull run -> new all-time high is very short compared to the time during bear market, it's very long. Indeed. Our basis to say that the bear season is over when the bull season comes, is actually when we see the price is likely 50% and above its bottom price. But to speculate when it is going to happen is somewhat hard to say. We usually found some indication - the green chart appears. Moreover, I see that the bear season will stay for long just like before. We notice that after halving prices will move high leading to a bull market and it possibly is the same scenario to see in this round.
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GeorgeJohn
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November 08, 2022, 11:31:45 PM |
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"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
The bearish market continues from my observation, because the situation of Bitcoin at this point is very astonished, the market keep on experiencing a red colouration in market, so we can get rid of bearish market if we merges or enroll to 2023 and 2024, due to if investors come in to the market, but a situation where their is no investor who is coming to invest in Bitcoin, unlike before the market will be worst than what we are experiencing now.
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Sebas.tian
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November 09, 2022, 03:44:24 AM |
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The market has been quiet for a couple of days and that quiet was broken today in a negative way. We saw a nice sharp drop after a long time. I see this as an indication that the market is still in the bear market. For now, we have returned to $ 17,200 in bitcoin. I don't know if it will continue. In Ethereum, we saw $ 1,235. We can say that Ftt has already disappeared. However, Solana also had a bad fall.
Yes, we are still experiencing bearish market that showed that people can still buy Bitcoin, Ethereum and Solana in this season and hold for the green light to remain stable before they can sell to make a passive profits in the market. I think, the decreased of the crypto price few days ago is to allow those that missed the opportunity to buy crypto to use this period to buy huge amount of bitcoins, Ethereum and Solana, because their future will be bright for those that will make up their minds to invest on those coins in this bearish season that is preparing to end any moment from this week.
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Polkeins
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November 09, 2022, 05:27:41 AM |
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The market has been quiet for a couple of days and that quiet was broken today in a negative way. We saw a nice sharp drop after a long time. I see this as an indication that the market is still in the bear market. For now, we have returned to $ 17,200 in bitcoin. I don't know if it will continue. In Ethereum, we saw $ 1,235. We can say that Ftt has already disappeared. However, Solana also had a bad fall.
Yes, we are still experiencing bearish market that showed that people can still buy Bitcoin, Ethereum and Solana in this season and hold for the green light to remain stable before they can sell to make a passive profits in the market. I think, the decreased of the crypto price few days ago is to allow those that missed the opportunity to buy crypto to use this period to buy huge amount of bitcoins, Ethereum and Solana, because their future will be bright for those that will make up their minds to invest on those coins in this bearish season that is preparing to end any moment from this week. I don't think the bear market will end anytime soon, judging by the way all cryptocurrencies were falling, all without exception by more than 10%. I think bitcoin hasn't reached its minimum values yet, and we haven't seen a complete surrender of miners and traders, which means the bear market is still in full swing. Last time bitcoin bottomed at 3,000-4,000 thousand, which turns out to be 20-25% of the last market high of 20,000. So we should be expecting 12,000-15,000 for bitcoin
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Argoo
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November 09, 2022, 07:28:22 AM |
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And another decline. We could say it's not over just yet. Someone or some group played it well, making money out of pumping the market short term and then selling back in a couple of days while the optimistic point of view is still on from the pump two days ago. It's painful to look at coinmarketcap now with all the blood spread in most of the altcoins, even the top 20 was hit hard with the sudden drop. I guess we will just have to wait for the real bull to come. Expecting to not happen by the end of the year.
Indeed, if earlier we could see some price rise, which kept at this level for a certain time, now the prices have again fallen decently. So, over the past day, bitcoin has fallen in price by 7.2 percent and its price is already less than $20,000, namely $18,319. If ethereum has recently been above $1,500, then its price has fallen by 12 percent in a day and now stands at $1,293. The same can be observed with the rest of the cryptocurrency. Therefore, we do not yet see the end of the bearish period.
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lienfaye
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November 09, 2022, 07:55:43 AM |
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The market has been quiet for a couple of days and that quiet was broken today in a negative way. We saw a nice sharp drop after a long time. I see this as an indication that the market is still in the bear market. For now, we have returned to $ 17,200 in bitcoin. I don't know if it will continue. In Ethereum, we saw $ 1,235. We can say that Ftt has already disappeared. However, Solana also had a bad fall.
It just shows that bear market is not yet over. The price of Bitcoin once again reach $21k from the past few days, down to $20k but now returned back to $18k+ (current price). Even other alts are also declining following the movement of Bitcoin. It's uncertain how the market will look like before this year end. But we can take this situation as an opportunity to fill our bags then hold. Once the bearish market is over, it's a chance for investors who bought at cheap price to get high return from their investment. So think positive and don't be discourage to the current situation because it's only temporary.
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maydna
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November 09, 2022, 09:42:24 AM |
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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. Bull cycles in the past began when Bitcoin going up in the first place, but altcoins started rising later, when it was clear that BTC was out of the bear market. Now the growth of altcoins can be seen as either random, based on some news/gossip, or as someone's manipulation of the asset, which, however, does not prevent one from trading these altcoins to earn more bitcoin if you want to. And there is another good definition of a bull market - everyone earns on it, literally everyone and everyone understands that the market is growing. But when the bear market comes and lasts, everyone begins to understand that the market is not bullish, already when the assets have decently fallen in price and are not going to grow. It's about that time. Finally, bitcoin experienced a sharp decline today, seeing its price in the $18k range after yesterday's $20k price. This makes the crypto market get a red candle we don't know when it will turn into a green candle. This is a good opportunity to buy many potential coins, especially bitcoin, which is decreasing drastically. This impacts altcoins experiencing a decline as well, and some of those altcoins still seem to be trying to survive this bear market. But hopefully, this condition won't last long, and it will turn green again so that we can profit after buying many potential coins.
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Reatim
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November 10, 2022, 06:02:40 AM |
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"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
Not because we have a good sight and views about something i market meaning this is literally can bring or prove that Bull is there , Bear market cannot be predicted directly in short time , look at what we are having this whole year of 2022? from what we got in 2021 ? we will never be sure if bear or bull is over until the market prove this to us. and looking at the statement of the market now? this is what we have a lowest price from 2020 that we had.
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russselcarri
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November 10, 2022, 06:44:03 AM |
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"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
Is the bear market over? Is the bear market over? Is the bear market over? According to my experience, it is far from the bottom. If you think this is the end of the bear market, I will tell you responsibly that you can wake up from your sweet dream. This is the middle stage of the bear market, once again challenging the market's patience and test everyone's cognition.
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execijutiere
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November 10, 2022, 08:33:53 AM |
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This decline will continue. We also lost the $16,000 support yesterday. It seems to have recovered for now, but it should be noted that we saw $15,555 yesterday. Solana and FTT have fallen well after the recent events. I don't know if these can be collected from here, but when it will rise again, it can earn well. From my point of view, some amount of investment can be invested enough to take the risk. I want to risk a little bit, frankly.
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