Susano (OP)
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January 23, 2023, 05:02:52 PM |
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Just how bad is the bear market right currently? Historically low expenses have survived for a longer period in the present bear market cycle than in any other. The leading cryptocurrency, Bitcoin, has been in a freefall since January 2021, when it hit a high of $69,000. A maximum unrealized failure of 75% from the all-time high was sustained by long-term investors as BTC fell to $17,000 midway through the year. An important indicator of the true worth of one's Bitcoin assets is the net unrealized profit or loss (NUPL).
Is the Current Bitcoin Bear Market That Bad? At its present NUPL value, the Bitcoin network is experiencing a loss. A review by CoinGabbar indicates that there is still room for maximal BTC investment at this time. In contrast, it appears that institutional investors are not actively buying up Bitcoin. Compared to the Bitcoin lows in July 2022, the present loss condition is significantly better.
Bitcoin has been on a downward trend recently. The cryptocurrency market hit a three-month low of $18,432 earlier this week. CoinGabbar reports that the current price of Bitcoin (BTC) is $18,930, down 3.21% in the previous 24 hours. Since its price dropped recently, Bitcoin's share of the cryptocurrency market has shrunk. This means that Bitcoin now accounts for 41.02% of the total market cap of all cryptocurrencies.
Institutional Investors Have Little Faith Grayscale, a company that manages bitcoin assets, has noticed a decrease in its Bitcoin volumes. What this says is that institutional investors are not optimistic. The largest institutional investor in Bitcoin, Microstrategy, has increased its holdings. According to their most recent SEC filing, the firm has spent $6 million for Bitcoin at a price of approximately $19,851 per token. Together with its affiliates, Microstrategy now governs over 130,000 BTC. Logged
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tjtonmoy
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January 23, 2023, 07:47:14 PM |
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Bitcoin has been on a downward trend recently. The cryptocurrency market hit a three-month low of $18,432 earlier this week. CoinGabbar reports that the current price of Bitcoin (BTC) is $18,930, down 3.21% in the previous 24 hours. Since its price dropped recently, Bitcoin's share of the cryptocurrency market has shrunk. This means that Bitcoin now accounts for 41.02% of the total market cap of all cryptocurrencies.
Your data doesn't add up to the current price chart. As this post has been shared recently, the current price of BTC stands at around, $22,700 according to coinmarketcap. The bear market is currently at a position where people have invested few weeks earlier, are making profits. But the bear demand is still high if you compare the recent price to BTC's All-Time High price which is $69k. It could be a bull trap or maybe an indication towards a bull market, who knows. The market is still unstable if you are trying to do tradings. So it is best to DYOR and focus on that collected data rather than collecting data from other websites.
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sheenshane
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January 23, 2023, 11:28:47 PM |
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Just how bad is the bear market right currently? . . Is the Current Bitcoin Bear Market That Bad?
That's not bad, but instead, you've been given an opportunity to invest more while the market has a correction which this is a part of the crypto market price behavior, and becomes unpredictable due to the volatility price. If you invested currently at a high price then there's a sudden correction, investing in a DCA ( dollar-cost averaging) way is the best for you. There are too many big investors waiting for their investment to grow, just like El Salvador, the value might reduce but it considers doesn't have a loss if they will never sell their Bitcoin. If they owned 1 Bitcoin, it will remain 1 Bitcoin. But one thing that I'm afraid of most, is what IF all of these institutional investors have the same profit goal and sell their all Bitcoin, it surely makes a huge impact on the market price.
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albon
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January 24, 2023, 05:01:14 PM |
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Just how bad is the bear market right currently?
Is the Current Bitcoin Bear Market That Bad?
Not that bad, this is the case in the volatile crypto market, we are considered to be at the end of the storm as it seems to me, so these days will pass and we will witness the Bullrun of Bitcoin and the crypto market, but we must cling to our faith and patience, and we must not let the FUD affect us, at the beginning of this year the crypto market started to recover gradually and the price of Bitcoin rose to an unprecedented high. Do not be afraid of the correction. You have to maintain your presence in the market because the bull is coming very quickly and you should be there. By next May, in the halving event, the price will be somewhere near the highest level. Before ever, it follows the same cycle it always has in my eyes, so a bear market is an opportunity for anyone who wants to invest and it's never a bad thing.
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Mr.right85
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January 24, 2023, 08:30:18 PM |
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Just how bad is the bear market right currently?
In contrast, it appears that institutional investors are not actively buying up Bitcoin. Compared to the Bitcoin lows in July 2022, the present loss condition is significantly better.
Is the Current Bitcoin Bear Market That Bad?
I am trying to understand the context of bad your referring to as in OP. Is that to mean just what effect the bear market has got on the market or You mean it in the context of what extent it depleted in respect to other beat markets from historical records. Meanwhile, I can ascertain investors not actively buying because, the bear market isn't gone yet. The pump we've got now could be pseudo to what we expect and there could be further drop in price, then they could invest. Though, I like to beleive that the bitcoin deep has been established already but don't see this pump to be the introduction of a bullrun. It's just a little correction for price movements. Not that bad, this is the case in the volatile crypto market, we are considered to be at the end of the storm as it seems to me,
That's accurate. It's just normal for the market to have these sessions and some consolidation movement for a healthy price action.
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tabas
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January 25, 2023, 11:17:40 PM |
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Is the Current Bitcoin Bear Market That Bad?
If we've learned from this bear market and the past ones, we can conclude that this current bear market that we're experiencing isn't bad at all compare to the last that everyone experienced on 2018. The difference for these two bear markets are totally a lot and we can say that it's much better to look at this time because it's still 5 digits unlike on the past one which made bitcoin at $3k after hitting $20k. They've got their each share of the percentage losses and if we'll look at how much it had lost, basically, it's totally a lot if it had came from to $69k down to $16k. And as it swings and enters to $23k and goes back to $22800 then that only means that it's doing good but again, it is volatile and it may surprising go up or down within the next days.
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hugeblack
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January 29, 2023, 08:59:22 AM |
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When you say how bad it is, you compare it with other cycles, such as the decline the past cycle and other details. Comparing this bear marcket with previous ones, we came to the conclusion that the current session is the least compared to other. As for liquidity levels, they may not be ideal, but the price is now at levels higher than 20K, and we have an inflation crisis and global problems, with a monetary tightening policy, so what is happening now is the best that can happen.
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ethereumhunter
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January 29, 2023, 03:26:30 PM |
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The current bear market is not bad because we have had more opportunities to buy bitcoin at low prices and the current price is a good price to buy bitcoin because if the price had gone up, you probably would not have had the opportunity to buy at these low prices. And I think the current opportunity has been put to good use by investors who understand that this is an opportunity not to be missed.
You should not believe what the media say because they may not say it correctly but only give a picture that they don't know for sure. And if you want to invest in bitcoin, you should do your own research and analysis so you don't hesitate to make a decision.
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Lida93
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February 01, 2023, 10:02:11 AM |
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There's what is called market behavior in economics and it's only those that understands the behavior of every market that can have the astute sight to see opportunity in bad moments of a market, so it all depends on how you view the market. It might be a bad one for you but to others there are opportunities to cash out from the situation.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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MusaPk
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February 01, 2023, 11:54:36 AM |
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There's what is called market behavior in economics and it's only those that understands the behavior of every market that can have the astute sight to see opportunity in bad moments of a market, so it all depends on how you view the market. It might be a bad one for you but to others there are opportunities to cash out from the situation.
The thread was created on 23 Jan 2023 when bitcoin has already touched 23k, first time ever since August 2022. So it's not right to call this a bear market as bulls have taken over. Bull market doesn't mean crossing ATH, for everyone who has bought BTC at 17 or 18k it's the bull market as its time for them to cash out and get profit. Bear market is ideal time to buy not the time to cry.
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Uncleminer
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February 01, 2023, 02:12:44 PM |
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How would people define a clear bull run ? 4 weeks of bullish candles clearing a previous LH on the Weekly or a new HH formed on the Weekly/Monthly TF
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pixie85
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February 01, 2023, 06:01:55 PM |
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Just how bad is the bear market right currently? Historically low expenses have survived for a longer period in the present bear market cycle than in any other. The leading cryptocurrency, Bitcoin, has been in a freefall since January 2021, when it hit a high of $69,000. A maximum unrealized failure of 75% from the all-time high was sustained by long-term investors as BTC fell to $17,000 midway through the year. An important indicator of the true worth of one's Bitcoin assets is the net unrealized profit or loss (NUPL).
You must be living in alretnate reality. The 69 thousand was in November 2021, not January. I'd also like to address the fact that long term investors did not lose 75%. Long term hodlers are people who bought in the bear market of 2018 - 2020 or before that, not people who bought in 2021 and decided to hold on to their coins no matter what. Those who bought in 2020 or before did not lose anything. Their coins are worth more and in the worst moments at 15 thousand some of them were maybe at a 10% loss. if they were holding coins from that small bull run in 2019. It's the same for people who bought in 2020. Most of them were in the green in this bear market. Bitcoin has been on a downward trend recently. The cryptocurrency market hit a three-month low of $18,432 earlier this week. CoinGabbar reports that the current price of Bitcoin (BTC) is $18,930, down 3.21% in the previous 24 hours. Since its price dropped recently, Bitcoin's share of the cryptocurrency market has shrunk. This means that Bitcoin now accounts for 41.02% of the total market cap of all cryptocurrencies.
You've just said that we've been in a bear market since 2021, now it's recently? Bear market means we're constantly in a downtrend and all run ups end with lower highs. Institutional Investors Have Little Faith Grayscale, a company that manages bitcoin assets, has noticed a decrease in its Bitcoin volumes. What this says is that institutional investors are not optimistic. The largest institutional investor in Bitcoin, Microstrategy, has increased its holdings.
Do they? If the largest institutional investor is buying it doesn't look like they're not optimistic. Institutions were mostly investing through proxies and these proxies were getting insolvent one by one last year because they were lending money. It's not a lack of trust in bitcoin but in centralized entities that custody bitcoin. I'm fine with that, maybe they'll finally learn to custody themselves.
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GreatArkansas
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February 03, 2023, 04:10:51 AM |
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How would people define a clear bull run ? 4 weeks of bullish candles clearing a previous LH on the Weekly or a new HH formed on the Weekly/Monthly TF
This is the most difficult question to answer. There are a lot of people that got different answers to this. Because it's difficult to predict the future price of Bitcoin or any other cryptocurrency, that's why some people can say "hey it's a bull run" when it's already late like Bitcoin price is creating a new all-time-high every day or week. For me, a bull run is when we already break all-time high prices.
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gunhell16
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March 05, 2023, 01:52:19 PM |
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How would people define a clear bull run ? 4 weeks of bullish candles clearing a previous LH on the Weekly or a new HH formed on the Weekly/Monthly TF
This is the most difficult question to answer. There are a lot of people that got different answers to this. Because it's difficult to predict the future price of Bitcoin or any other cryptocurrency, that's why some people can say "hey it's a bull run" when it's already late like Bitcoin price is creating a new all-time-high every day or week. For me, a bull run is when we already break all-time high prices. It is really difficult to predict the exact value of bitcoin or any other cryptocurrency. And many are waiting for the bull run to return to bitcoin as well. Maybe when the bull run returns, more bitcoin holders are waiting for the bull run. I have already missed two bull run seasons where I didn't even save or hide bitcoin and other cryptocurrencies, so this time I am making sure that I no longer have a zero balance because somehow I already have holdings of bitcoin and other cryptocurrencies too.
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@sriyan
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March 06, 2023, 05:47:04 PM |
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Just how bad is the bear market right currently? Historically low expenses have survived for a longer period in the present bear market cycle than in any other. The leading cryptocurrency, Bitcoin, has been in a freefall since January 2021, when it hit a high of $69,000. A maximum unrealized failure of 75% from the all-time high was sustained by long-term investors as BTC fell to $17,000 midway through the year. An important indicator of the true worth of one's Bitcoin assets is the net unrealized profit or loss (NUPL).
Is the Current Bitcoin Bear Market That Bad? At its present NUPL value, the Bitcoin network is experiencing a loss. A review by CoinGabbar indicates that there is still room for maximal BTC investment at this time. In contrast, it appears that institutional investors are not actively buying up Bitcoin. Compared to the Bitcoin lows in July 2022, the present loss condition is significantly better.
Bitcoin has been on a downward trend recently. The cryptocurrency market hit a three-month low of $18,432 earlier this week. CoinGabbar reports that the current price of Bitcoin (BTC) is $18,930, down 3.21% in the previous 24 hours. Since its price dropped recently, Bitcoin's share of the cryptocurrency market has shrunk. This means that Bitcoin now accounts for 41.02% of the total market cap of all cryptocurrencies.
Institutional Investors Have Little Faith Grayscale, a company that manages bitcoin assets, has noticed a decrease in its Bitcoin volumes. What this says is that institutional investors are not optimistic. The largest institutional investor in Bitcoin, Microstrategy, has increased its holdings. According to their most recent SEC filing, the firm has spent $6 million for Bitcoin at a price of approximately $19,851 per token. Together with its affiliates, Microstrategy now governs over 130,000 BTC. Logged
Yes. The market is changing from time to time. In 2021, there was hype is bitcoin going to be 100K dollars. But it was stopped at 69K. If you remember 2013, the same hype is there. On those days we will assume BTC is going to the 10K. But I think 2025 is the year for bitcoin for the next bull run. I am waiting for the mass adoption of bitcoin by global users. After that next bull run will start.
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virasog
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March 08, 2023, 06:46:15 AM |
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Institutional Investors Have Little Faith Grayscale, a company that manages bitcoin assets, has noticed a decrease in its Bitcoin volumes. What this says is that institutional investors are not optimistic. The largest institutional investor in Bitcoin, Microstrategy, has increased its holdings. According to their most recent SEC filing, the firm has spent $6 million for Bitcoin at a price of approximately $19,851 per token. Together with its affiliates, Microstrategy now governs over 130,000 BTC. Logged
The economic indicators are not so good and the world present situation is not what one may expect. The Russia Ukraine war, the China Korea crisis and the fear of recession are the major reasons why the big investors are hesitant to invest freely in bitcoin. Yes, some institutions know the real potential of bitcoin like MicroStrategy and they keep on accumulating bitcoin on every dip and never sell them even if bitcoin dumps.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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TheGreatPython
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March 08, 2023, 10:43:51 AM |
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The market is changing from time to time. In 2021, there was hype is bitcoin going to be 100K dollars. But it was stopped at 69K. If you remember 2013, the same hype is there. On those days we will assume BTC is going to the 10K. But I think 2025 is the year for bitcoin for the next bull run. I am waiting for the mass adoption of bitcoin by global users. After that next bull run will start.
I think we are already seeing mass adoption, the world is coming to know about Bitcoin and adoption is on the rise, but it will still take some time for the bull run to start. Currently, the price is pretty low, and it's projected to go even lower. So no matter what, we are still in the bear market as per the price values of cryptocurrencies. The hype of Bitcoin will now always be there. I believe there are no countries, no cities left where people are unaware of Bitcoin or blockchain technology. They've surely heard of it somehow even if they know about it or not, it's fun meeting them.
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Husires
Legendary
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Activity: 1596
Merit: 1288
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March 08, 2023, 12:30:28 PM |
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The topic has been going on for more than a month, and it is a historical account of what happened in the last few months, and then an attempt to build a coherent hypothesis for what will happen in the future.
The current situation in the market is stable for several months, which means that the bottom may have already been formed and that the current price is fair for everyone who wants to buy and sell. There is no possibility that an additional price correction will occur unless something unexpected happens such as the collapse of a stable currency, a large central platform, or a correction in prices.
The price at the bottom recorded levels of less than 16K on some platforms.
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benalexis12
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March 10, 2023, 02:17:34 PM |
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Whatever is happening in the market right now, if most of them are in the red, it doesn't mean that things are bad, that's not the case of course. We know that for others this is a blessing that can be said because we can now buy bitcoin cheaply even with other altcoins that are on the top listing in the market such as Bnb, Shiba Inu, Doge, and Hot. This is what always happens in the ecosystem of the crypto industry, right? How many years has this been happening over and over again? It's just that others don't notice that's why others are panicking and pushing to sell their crypto assets.
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NicNacCoin
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March 10, 2023, 11:29:32 PM |
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Whatever is happening in the market right now, if most of them are in the red, it doesn't mean that things are bad, that's not the case of course. We know that for others this is a blessing that can be said because we can now buy bitcoin cheaply even with other altcoins that are on the top listing in the market such as Bnb, Shiba Inu, Doge, and Hot.
I have been stuck in the dumping market for almost too long. Dumping market is not a blessing for those who are always in dumping market. But you have to take your word for it because there is no success in investing without dumping positions in the market. But it is not a boon for those like us who have invested in the high market. Because we have been investing for a long time and waiting. But it is not a blessing for us if the market does not rise and recover as per our target.
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