Tashana
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November 10, 2022, 08:41:34 AM |
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It's too hard to say, this is a problem that cannot be solved by natural disasters, wars, and all kinds of manpower. I can't say how long it will stay in the doldrums, but every bear market is an opportunity.
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irhact
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November 10, 2022, 09:15:26 AM |
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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.
I'm thinking maybe the bottom for Bitcoin this bear market will be $10k that way when Bitcoin increase to $100k in the next bull market then we can make an Incredibles increase of 10x. There isn't any situation I'm seeing that'll take Bitcoin below $10k as if Bitcoin was to go below that then many projects won't exit and liquidity exit will be the common thing in the market as projects will begin selling their treasury just to keep up. The bear market isn't over yet as we might be bearish until the year ends. Things aren't going as we expected as everyday there's a negative news affecting the market. Who knows if another project will be crushed as FTX just got crushed. First it was Luna then others follow and now the second biggest exchange is about dieing. We just hope the bear market won't chase away future investors if not the market might not recover as quickly as we're expecting.
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justdimin
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November 10, 2022, 04:18:03 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. 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.
I think it is not really a bear market but accumulation phase, we should change the name of these periods. I always supported saying bear market when it goes down, but when it is already low and not going down anymore, we should rename that period to "accumulation phase" because right now it would be smart to keep on buying more and more and more bitcoins. That’s not a risky thing to do neither, it’s definitely something that would make sense in the long run. However, since we call it "bear market" at all times, people are having harder time to keep on investing in it, and that’s not going to be that much of an easy thing to invest if we keep scaring people with bear, that’s why renaming would be better.
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Silberman
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November 11, 2022, 01:16:33 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. It is natural that people want to know if the bear market is over already but the drop in the price we suffered should be a reminder that this is still a bear market and another drop can happen at any time, because if this can happen to an exchange that many thought it was solid then this could happen to many more exchanges and other coins we have in this market, so this will create distrust in many people that could have been interested in investing in this market and will make it more susceptible to go down during the next months.
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valeneu
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November 11, 2022, 07:56:47 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-"
The bear market is not over, the market is still in a downturn, and it is still in a period of uncertainty. The crypto market rally seems to take more time to recover.
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Morningstarr
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November 11, 2022, 07:01:21 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-"
In the last few days, when the stock market has improved, the crypto market has fallen further, which shows that the bearish trend is still maintained in the market. There are many reasons for this, whether it is the recent FTX issue or the new cases of Corona from China and the Russia-Ukraine war, These are all the factors that are constantly influencing the market in one way or another, so I think as soon as all of them improve, the market will come out of bearish trend.
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ingiltere
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BITCOIN
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November 11, 2022, 09:19:31 PM |
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It's not over yet but it looks like we are in last days of this bear market. Maybe 3-4 months more we see bear market and then accumulation will be over. You see giant companies go bankrupt and money change hands. We see similar things in every cycle. At the moment, Bitcoin price is suitable for buying, maybe a it goes a little lower, but for those who think long-term, it's already time to buy. Altcoins may continue to decline more sharply. You have to be careful with them too. Don't gamble with small altcoins, rather buy major ones regularly. I would personally stick to Bitcoin and only a few major altcoins at these times. CZ made good moves, that may help BNB in long term. Elon still play with DOGE. ETH is always here. This might be a good time to accumulate these coins more.
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bittick
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November 11, 2022, 10:26:23 PM |
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I think it was almost over until something happened with ftt and make things worst again, it will definitely prolong the length of the current trend and surely the bullrun will be far away from happening. This is the thing with investing in cryptocurrency so many things needed to be taken into account that sometimes there's just some random events in cryptocurrency that could quite literally turns the condition upside down, speculating the change of trend have more chance of turning out wrong.
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bitkanu
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November 11, 2022, 11:08:27 PM |
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it's definitely far from over, you see the economic crisis is at the doorstep and even then there's the incident of the binance attacking ftt token which causes uproar and make the market gets even worse than it was, I think if you're seeking for bullrun, then it might definitely still be far away in the future, I guess you should wait until most coins make recovery after the recent event and then wait until the global economic crisis settles first then the bullrun could then comes in.
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My ThuiHa
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November 12, 2022, 06:40:46 AM |
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At present, the bear market will still exist for a period of time. Now the global economy is in recession, and various countries are looking for a way out. If you wait for a chance, you may be able to transition to a bull market overnight.
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ZAINmalik75
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November 12, 2022, 08:44:51 AM |
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If we compare this year Bitcoin chart movement with the past performances of Bitcoin we will got that it's a badest year of Bitcoin and the reason is some ancident which is occured this year which transfered Bitcoin to deep deep bear season. And the ancident is Russia and Ukraine war and Luna scam and the recent FTX dump. I think this ancident is huges obstacle in movement of Bitcoin from bear to bull season. Hope so after solving this and and with the announcement of some good news we can say it's over of bear cycle
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fzkto
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November 12, 2022, 10:35:20 AM |
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it's definitely far from over, you see the economic crisis is at the doorstep and even then there's the incident of the binance attacking ftt token which causes uproar and make the market gets even worse than it was, I think if you're seeking for bullrun, then it might definitely still be far away in the future, I guess you should wait until most coins make recovery after the recent event and then wait until the global economic crisis settles first then the bullrun could then comes in.
If FTT does go bankrupt, the bear market will continue for a long time. I don't understand why Binance decided to do this, as it is very negative for the whole industry. But judging from recent events, we are in for a long recession after one of the biggest exchanges closes. As for the global crisis, it seems to me that it has already happened and should end eventually, it's a pity that crypto is worse than stock market now.
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alik111
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November 12, 2022, 11:14:00 AM |
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It can't be said properly about the current market situation.Because in the market there are a lot of panic sellers and they are selling their crypto assets. So I don't think bear market is over. I can take time to recover this bear market situation.
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FanEagle
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November 12, 2022, 03:13:51 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 bear market is not over, the market is still in a downturn, and it is still in a period of uncertainty. The crypto market rally seems to take more time to recover. I do believe that it is one of the easiest things to understand, it’s not that complicated. If the price goes double, that is a big bull indicator that says you are in the bull run, and I doubt we would need anything else. What was the lowest at this point, somewhere close to 16k right? That means if you go 32k+ dollars that is a bull run, and I do not care if it goes down after that or not, it was a bull run to have a double from the bottom and I will always call it as such. After that it will probably keep on going and do a triple or even quadrable over the bottom as well and that will be the new ATH eventually, but until that a double will equal to being in bull run.
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Cling18
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November 12, 2022, 03:21:22 PM |
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As we can see, the market is continuously dropping so the bearish season isn't over yet and it will still take time before the market recovers again. According to crypto experts, the current situation could last until next year. However, that doesn't mean that investing will not be profitable anymore. It's still an opportunity for us to buy the potential coins that we want while the prices are still low. It's a good preparation until the bullish market approaches again in the future.
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asyakashi
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November 12, 2022, 03:29:15 PM |
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The FUD that is still scattered proves that the market is still in the bear market. now we are faced with FTX which gets a hacking attack on many assets that have been lost there. even a high tier exchange with its SAFU cannot guarantee it is 100% secure. Crypto is really hard right now.
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posi
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November 12, 2022, 03:51:20 PM |
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If we compare this year Bitcoin chart movement with the past performances of Bitcoin we will got that it's a badest year of Bitcoin and the reason is some ancident which is occured this year which transfered Bitcoin to deep deep bear season. And the ancident is Russia and Ukraine war and Luna scam and the recent FTX dump. I think this ancident is huges obstacle in movement of Bitcoin from bear to bull season. Hope so after solving this and and with the announcement of some good news we can say it's over of bear cycle
I don't think bitcoin's performance this year is bad, bitcoin is doing a lot better than in the past. Bitcoin has not experienced any severe economic wars, crises or inflation in the past and the biggest drop in bitcoin recorded in the past was 93% in 2011. But if you look at bitcoin's current drop, BTC from $69k has dropped to the lowest we have at the moment of $15.7k which is less than 80%. It can be seen that although bitcoin is going through a lot of bad things, it still maintains a pretty good level.
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redsun114
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November 12, 2022, 04:02:01 PM |
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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. The thing is we weren't really going that great beforehand neither, it had a big increase and then recovered from that, that’s why it’s not a big deal to me at all. Only a month ago we were under 19k again, so it did happen before and I believe that it will happen again in the future, we go above 20k and then we go under 19k and we keep repeating that for many times now. That’s how you grow, first you need to be stuck between two prices and that will make sure that you earn or lose some money. After that we are going to end up with a big increase, a big break out, but before that it will keep on going up and down and right now it’s the down part, soon it will be 20k+ again, then maybe drop again, and keep repeating until breakout.
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AnonBitCoiner
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November 12, 2022, 04:35:41 PM |
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Real bear market has been started now. Ftx collapse makes so much fears in market which is very bad for whole crypto market. So much money has been out from Crypto and converted into stock. I think 12k is very likely to be done this year's. At this time buying any coin is so Risky. Bear market is not over yet and it's likely to be take one more year now.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Derrickiell
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November 15, 2022, 05:41:22 AM |
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The bear market is not over, we are still in a bear market. The FUD created by the encryption market has caused more investors to panic, and the price of Bitcoin has not fluctuated much, and the bear market may continue. The crypto market should recover and enter a bull market by the end of the Bitcoin halving.
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