Bye Bye Bear Market :)

[bounceback]

I am not sure if this is a bull trap although my doubts are great, but I am convinced that we are not out of the bear market yet, it is still very early to confirm the bears was left behind. It is normal for bitcoin to recover from a long string of declines, just as there will be a few sunny days in winter.
In order to see what the next trend of bitcoin is going to be, we need to take more time to observe and confirm whether the winter has indeed ended or if this is just a price trap.

The fact is that currently the bitcoin price is being corrected to the price of $ 23k after a few days ago bitcoin managed to reach the $ 25k area and it seems that right now there is not enough strength to break $ 25k so there is still a possibility that the bitcoin price will fall back to the $ 20k level, seeing the difficulty that bitcoin is experiencing to break $25k then I would not say that the bear market is over because there is still a possibility if this correction will last a long time until the bitcoin halving event occurs and after that happens then only then will we see a real bull market .

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[fzkto]

I am not sure if this is a bull trap although my doubts are great, but I am convinced that we are not out of the bear market yet, it is still very early to confirm the bears was left behind. It is normal for bitcoin to recover from a long string of declines, just as there will be a few sunny days in winter.
In order to see what the next trend of bitcoin is going to be, we need to take more time to observe and confirm whether the winter has indeed ended or if this is just a price trap.

The fact is that currently the bitcoin price is being corrected to the price of $ 23k after a few days ago bitcoin managed to reach the $ 25k area and it seems that right now there is not enough strength to break $ 25k so there is still a possibility that the bitcoin price will fall back to the $ 20k level, seeing the difficulty that bitcoin is experiencing to break $25k then I would not say that the bear market is over because there is still a possibility if this correction will last a long time until the bitcoin halving event occurs and after that happens then only then will we see a real bull market .

25k is a strong resistance that bitcoin has not been able to break for the first time. If this repeats a few more times and bitcoin don't gets above 25k, we will probably see another drop, maybe even to the old bottom. By the way, the situation of stock markets around the world does not give hope that we will see good growth.

[ShowOff]

25k is a strong resistance that bitcoin has not been able to break for the first time. If this repeats a few more times and bitcoin don't gets above 25k, we will probably see another drop, maybe even to the old bottom. By the way, the situation of stock markets around the world does not give hope that we will see good growth.

Bitcoin has passed $25K during February, but a correction is inevitable. At the moment we are only away $2K from $25K, certainly not that far but hard to stay above $25K when a lot of traders and the market tends to sell a lot instead of holding it. Several attempts to hit $25K also failed in the last few days, but that doesn't really indicate a deeper correction like you said.

For the time being, I don't think the price will correct further just because bitcoin failed to hold above $25K, but a small correction is always possible due to the influence of high selling among traders in the market.

[Vaskiy]

25k is a strong resistance that bitcoin has not been able to break for the first time. If this repeats a few more times and bitcoin don't gets above 25k, we will probably see another drop, maybe even to the old bottom. By the way, the situation of stock markets around the world does not give hope that we will see good growth.

Bitcoin has passed $25K during February, but a correction is inevitable. At the moment we are only away $2K from $25K, certainly not that far but hard to stay above $25K when a lot of traders and the market tends to sell a lot instead of holding it. Several attempts to hit $25K also failed in the last few days, but that doesn't really indicate a deeper correction like you said.

For the time being, I don't think the price will correct further just because bitcoin failed to hold above $25K, but a small correction is always possible due to the influence of high selling among traders in the market.

Right now the price is around $23k and trying to keep up the resistance to stay above $23k by the falling week. The price that wasn't able to be above $25k dropped down all the way undergoing correction and reached $23k. Based on the upcoming week's start only we'll know whether this gets maintained or we gonna undergo further correction as selling is high from the traders.

[Baofeng]

25k is a strong resistance that bitcoin has not been able to break for the first time. If this repeats a few more times and bitcoin don't gets above 25k, we will probably see another drop, maybe even to the old bottom. By the way, the situation of stock markets around the world does not give hope that we will see good growth.

Bitcoin has passed $25K during February, but a correction is inevitable. At the moment we are only away $2K from $25K, certainly not that far but hard to stay above $25K when a lot of traders and the market tends to sell a lot instead of holding it. Several attempts to hit $25K also failed in the last few days, but that doesn't really indicate a deeper correction like you said.

For the time being, I don't think the price will correct further just because bitcoin failed to hold above $25K, but a small correction is always possible due to the influence of high selling among traders in the market.

Right now the price is around $23k and trying to keep up the resistance to stay above $23k by the falling week. The price that wasn't able to be above $25k dropped down all the way undergoing correction and reached $23k. Based on the upcoming week's start only we'll know whether this gets maintained or we gonna undergo further correction as selling is high from the traders.

I'm looking for the first 2 weeks of March to have a recovery, it's either $25k or we are going to fall back to $20k.

Either case still very good movement though, if we hit $25k then we might to go $30k. But it is goes down to at least $20k, time to buy again and keep accumulating BTC, so still a win win situation for us. And by any case, we shouldn't think that we are in a bull season, bears are still in the market and will do anything to pull the price. Not manipulation per se, but they wanted to buy when the price is low on pushing the market to make a huge correction. So still up to us on how we are going to play.

[EarnOnVictor]

I am not sure if this is a bull trap although my doubts are great, but I am convinced that we are not out of the bear market yet, it is still very early to confirm the bears was left behind. It is normal for bitcoin to recover from a long string of declines, just as there will be a few sunny days in winter.
In order to see what the next trend of bitcoin is going to be, we need to take more time to observe and confirm whether the winter has indeed ended or if this is just a price trap.

The fact is that currently the bitcoin price is being corrected to the price of $ 23k after a few days ago bitcoin managed to reach the $ 25k area and it seems that right now there is not enough strength to break $ 25k so there is still a possibility that the bitcoin price will fall back to the $ 20k level, seeing the difficulty that bitcoin is experiencing to break $25k then I would not say that the bear market is over because there is still a possibility if this correction will last a long time until the bitcoin halving event occurs and after that happens then only then will we see a real bull market .

25k is a strong resistance that bitcoin has not been able to break for the first time. If this repeats a few more times and bitcoin don't gets above 25k, we will probably see another drop, maybe even to the old bottom. By the way, the situation of stock markets around the world does not give hope that we will see good growth.

I quite agree with you on the barrier now poised by $25k, it's surely a level to be watchful of as its breaching might make the coin reach $30k speedily. But a failure to do that and the coin tarrying below the level for too long might slip it back to below $20k.

Bitcoin now follows the right market psychology, and I believe that the sentiments of the market are not as strong enough to breach above $25K which might be an issue if it continues as the market will interpret it as the unwillingness of buyers to purchase further, and the sellers would take the advantage.

[Kemarit]

I am not sure if this is a bull trap although my doubts are great, but I am convinced that we are not out of the bear market yet, it is still very early to confirm the bears was left behind. It is normal for bitcoin to recover from a long string of declines, just as there will be a few sunny days in winter.
In order to see what the next trend of bitcoin is going to be, we need to take more time to observe and confirm whether the winter has indeed ended or if this is just a price trap.

The fact is that currently the bitcoin price is being corrected to the price of $ 23k after a few days ago bitcoin managed to reach the $ 25k area and it seems that right now there is not enough strength to break $ 25k so there is still a possibility that the bitcoin price will fall back to the $ 20k level, seeing the difficulty that bitcoin is experiencing to break $25k then I would not say that the bear market is over because there is still a possibility if this correction will last a long time until the bitcoin halving event occurs and after that happens then only then will we see a real bull market .

25k is a strong resistance that bitcoin has not been able to break for the first time. If this repeats a few more times and bitcoin don't gets above 25k, we will probably see another drop, maybe even to the old bottom. By the way, the situation of stock markets around the world does not give hope that we will see good growth.

I quite agree with you on the barrier now poised by $25k, it's surely a level to be watchful of as its breaching might make the coin reach $30k speedily. But a failure to do that and the coin tarrying below the level for too long might slip it back to below $20k.

Bitcoin now follows the right market psychology, and I believe that the sentiments of the market are not as strong enough to breach above $25K which might be an issue if it continues as the market will interpret it as the unwillingness of buyers to purchase further, and the sellers would take the advantage.

I think $25,000 as other have said, is the resistance, if we can get over that price then yeah, $30.000 is possible. But there seems to be some selling pressure in the market. So maybe we have gotten to the point wherein we are somewhat exhausted and there is a feeling that if the price will go to $25,000 or higher there should be some positive news that we need to see first. So for March, if there is some news, then yes, the price will shoot up. But in absence of it, maybe we will just trade sideways for the whole month, IMHO.

[STT]

Good reaction to nearing 50 day average, we are up nicely today and also regain the weekly average.   So long as BTC price action stays above the 50 day I remain positive but only above the weekly average do I think we trend especially positively.  YTD BTC has acted well alongside wider markets also being quite positive and readjusting to greater positivity vs FED policy.   BTC lows of late Feb were roughly a monthly average.
   Many speculate markets have over compensated and will sell off again but nothing that severe is apparent just yet.  Ideally we want the inverse DXY to top out and restart a decline.  BTC closing 23.5k and continuing to confirm above would be ideal.

[yohananaomi]

25k is a strong resistance that bitcoin has not been able to break for the first time. If this repeats a few more times and bitcoin don't gets above 25k, we will probably see another drop, maybe even to the old bottom. By the way, the situation of stock markets around the world does not give hope that we will see good growth.

actually was able to pass $ 25K, but not for too long and the price went down again, this really indicates that it doesn't have the strength that bitcoin has, to be able to continue to be at a price above $ 25K. it is possible that if you stay at that price for a long time it is not impossible that the price will continue to increase.
it could be like you said, it is indeed proven that there will be a decline again and it could be deeper than at this time or return to the same as last year. I'm just connecting with the world economic crisis situation which has not seen any change so far.

[nurilham]

actually was able to pass $ 25K, but not for too long and the price went down again, this really indicates that it doesn't have the strength that bitcoin has, to be able to continue to be at a price above $ 25K. it is possible that if you stay at that price for a long time it is not impossible that the price will continue to increase.
it could be like you said, it is indeed proven that there will be a decline again and it could be deeper than at this time or return to the same as last year. I'm just connecting with the world economic crisis situation which has not seen any change so far.

No problem that Bitcoin still can't maintain $25k, it is normal there are corrections before it really moves above $25k. It is still March, we are still in Q1 of 2023. I think Bitcoin price begins to move above $25k in Q2 of this year, so just be patient to wait for the corrections for a few weeks. At least, the price of Bitcoin can stay above $20k now, it is much better than in Q4 of 2022.

I don't think there will be another huge dump as in 2022, the price looks like to stay above $20k. Until now, Bitcoin price is struggling around $22k - $23k, seems unlikely to drop below $20k.

[erep]

No problem that Bitcoin still can't maintain $25k, it is normal there are corrections before it really moves above $25k. It is still March, we are still in Q1 of 2023. I think Bitcoin price begins to move above $25k in Q2 of this year, so just be patient to wait for the corrections for a few weeks. At least, the price of Bitcoin can stay above $20k now, it is much better than in Q4 of 2022.

I don't think there will be another huge dump as in 2022, the price looks like to stay above $20k. Until now, Bitcoin price is struggling around $22k - $23k, seems unlikely to drop below $20k.

We don't need to panic from the current correction low, before also said that bitcoin will hardly reach 20k again but it finally did in early 2023, so right now it's just market resistance after a 40% increase and maybe Q2 we will see a significant increase in price based on market recovery this year.

Opportunity for price increase is very large ahead of the halving, we will see bullish coming soon in Q3 or the end of the year, hoping for a recovery high above 40k to be achieved until the end of the year.

[Wiwo]

actually was able to pass $ 25K, but not for too long and the price went down again, this really indicates that it doesn't have the strength that bitcoin has, to be able to continue to be at a price above $ 25K. it is possible that if you stay at that price for a long time it is not impossible that the price will continue to increase.
it could be like you said, it is indeed proven that there will be a decline again and it could be deeper than at this time or return to the same as last year. I'm just connecting with the world economic crisis situation which has not seen any change so far.

No problem that Bitcoin still can't maintain $25k, it is normal there are corrections before it really moves above $25k. It is still March, we are still in Q1 of 2023. I think Bitcoin price begins to move above $25k in Q2 of this year, so just be patient to wait for the corrections for a few weeks. At least, the price of Bitcoin can stay above $20k now, it is much better than in Q4 of 2022.

I don't think there will be another huge dump as in 2022, the price looks like to stay above $20k. Until now, Bitcoin price is struggling around $22k - $23k, and seems unlikely to drop below $20k.

We any not see a 20k price again anytime shortly even though Bitcoin market behaviour showed a lot of instability and volatility, the price of Bitcoin has relied on and resisted a significant pullback in the last few days where the bear market always forces the price to melt below 25k price after multiple attempts to stay at that price benchmark.

-There is no gain in saying the fact that we will see a lot of. Marker stability around the 22k-23k price range but that will not stop the possibility of the price not scaling above that price or melting back below 22k, but we will see more bull attempts compared to a bear market.

[Semar Mesem]

January, of course, everyone agrees that the bull run will happen soon and we will leave the bear market soon, unfortunately since the beginning of February the price has continued to decline and makes us have to be patient, in my opinion the best thing to profit in cryptocurrencies even in a bear market is to always be patient to hold, don't be easy panic to sell because it will make us regret it.

[Baoo]

January, of course, everyone agrees that the bull run will happen soon and we will leave the bear market soon, unfortunately since the beginning of February the price has continued to decline and makes us have to be patient, in my opinion the best thing to profit in cryptocurrencies even in a bear market is to always be patient to hold, don't be easy panic to sell because it will make us regret it.

Exactly, selling during this period is unpreferable and risky to be honest and it is unexpected to see a bear run in next weeks. In my opinion, this volatility will continue and the price will not hit $30K until next month. If you have an acceptable amount of stable coin, it would be definitely fruitful to purchase Bitcoin within this month. At the same time, you must have a Plan B and maybe C to avoid the risk of loss for the reason that this market is unpredictable and the sudden events always occurs. Hopefully, the whole market will pump significantly in next few months despite it is not that easy to be achieved. Everything is dependent to whale’s plans and decisions, they are literally capable to pump and dump the market wherever they want to.

[STT]

Its not a bear market right now, we havent pulled nearly half enough to negate the gains since year start.   You will get thrown from the horse if you let every bump in the road upset you like this, tough luck this is how BTC is and it will decline in this way or even greater even during a period of good gains.   
Today is volatile movement but its not failed yet to keep the 27k area so yet again its remained within range of the same prices seen for last couple of months.   We just doing loops, cant be labelled negative while in summary we go sideways.

[TravelMug]

Its not a bear market right now, we havent pulled nearly half enough to negate the gains since year start.   You will get thrown from the horse if you let every bump in the road upset you like this, tough luck this is how BTC is and it will decline in this way or even greater even during a period of good gains.   
Today is volatile movement but its not failed yet to keep the 27k area so yet again its remained within range of the same prices seen for last couple of months.   We just doing loops, cant be labelled negative while in summary we go sideways.

We are still above $27k and so the correction might have slow down a bit and then we will resort to going sideways, that's what the pattern has been. Until such time that we will have a break out run. And if that happens we go do to $28k-$29k.

So far nothing to worry, the support has been holding and we still have that $25k if we fail the price at this levels. For sure we have an idea on what just happen, in the last week or so, bitcoin transactions are so expensive and it might have turn off some investors.

[RewFrew]

It is evident that something is happening, but regardless of the data, I am of the opinion that the bear market cannot be completely written off. I think it's just a recovery that is still on shaky legs, until we get back to pre-crash levels caused by that South Korean scammer. This would mean that the price should reach at least $30k, and somehow it doesn't seem to me that this can happen soon.

I am absolutely agree with you, i also Couldn't think bear market end. Bull market started but bear will come anytime i think. At Any moment bear could be come. Right now market huge Down. I think we have to wait more time for real bull market. I think when bitcoin price will stable avabe $30k then bull market will start gradually i think. Some times up and some times down is not counted as bull or bear market i think.

[MiF]

I agree that bear market is over because because bitcoin is still above 20k$ that is still a high price than 10k$ so for me bitcoin is in bulk market but there is always a correction on the price that is why we can still saw it falling down this time from 30k$ to 26k$ buying is good this time before its too late.

[Agbe]

Nobody can't tell the price was taking bullish steps-by-steps before, even now too the price is not bad to call it bear, Many speculate markets have over compensated and will sell off again but nothing that severe is apparent just yet.  Ideally we want the inverse DXY to top out and restart a decline.  BTC maybe closing $25k and continuing to confirm above would be ideal. In my opinion, this volatility will continue and the price will not hit $30K until or it's might hit $30k before next month. The market is unpredictable and the sudden events always occurs.

[Jating]

Nobody can't tell the price was taking bullish steps-by-steps before, even now too the price is not bad to call it bear, Many speculate markets have over compensated and will sell off again but nothing that severe is apparent just yet.  Ideally we want the inverse DXY to top out and restart a decline.  BTC maybe closing $25k and continuing to confirm above would be ideal. In my opinion, this volatility will continue and the price will not hit $30K until or it's might hit $30k before next month. The market is unpredictable and the sudden events always occurs.

Yes, not sure though how we can define severe, maybe it we go or hit another bottom. But in any case, market is still very strong at $27k and even if it hits $25k I think we will be ok unless there is another negative news to pull the price even further.

Although if we look at technical analysis, from what I read the bears might take over the market. But we will see, we know how volatile the market is, and it's very unpredictable as there are factors that we can't simply measure, like what we are seeing, fees are going up and everyone is complaining. And I think it's one reason why we see some sell-off, I reckon.