Bye Bye Bear Market :)

[STT]

Another decline today brings us closer to precipice, we will we tip into negative or are we just exploring the full range of prices observed for months now.   Quite notable on the lower boundaries of this 'upper range' area is the  200 week average which is an extremely long term measure for BTC and always it is rising but we have fallen below that measure for quite some time due to the extreme decline of 2022.   This would be the marker for me negative or positive, if we dont maintain this average roughly as guidance of BTC progress long term then its time to recognize larger challenges then previously thought in this year and maybe next.

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[noormcs5]

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.

Looking at the big picture, bitcoin is in bull phase as it is making higher highs. A small or big pump or dump in Bitcoin prices should not lead us to think that bitcoin has entered in bear phase or in a bull phase.

If we see the price action at weekly time frame, the situation will be very clear and we will not panic or fomo. Mark the key levels and you will never fomo or fear by looking at the charts.

[JoyMarsha]

Looking at the big picture, bitcoin is in bull phase as it is making higher highs. A small or big pump or dump in Bitcoin prices should not lead us to think that bitcoin has entered in bear phase or in a bull phase.

If we see the price action at weekly time frame, the situation will be very clear and we will not panic or fomo. Mark the key levels and you will never fomo or fear by looking at the charts.

The price of bitcoin is now in a perplexing phase. Nobody can predict whether or not there will be a significant drop in the price of bitcoin. In any case, the price of bitcoin is still in a correctional phase. No need to worry.
For the past week, the price of bitcoin has been circling about $26k–$28k +. I want to see it drop to the previous $30k pricing.

[AnonBitCoiner]

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.

This is true that bear market cannot be completely written off and I think whenever the market downs so it never seems to be the start of bear market because it can be a temporary action other thing is that now again the bitcoin is somewhat down so we cannot say that it will never come back to its position again that is nice for its holders.

The price of bitcoin has reached to 30k so it does not indicate that Bull season is on the way because it persists for some days and again goes to lower position than 30k$.  Therefore assumption about the market situation is easy but not always true so be careful about the present cost and make decision according to it.

[Kadal Ijo]

the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.

[kotajikikox]

the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.

Lol we are not in bear market instead we are in a normal market with almost stable prices for weeks now the price of Bitcoin stays almost significantly daily.
so not because we are down from 30k meaning we are still bearishness .
but you are correct that we must continue buying , but LUNA? maybe best for FTX but luna? I'm afraid that there is a big future for this .

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.

many here complains about bitcoin losing value from the recent ATH that valued 68k but they did not anticipate the price increase now from 16k last year.
there are  lots of things to be thankful than complaining .

[superman184]

the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.

I think it's time for us to forget cases like LUNA and FTX if we still want to focus on buying the best coins like Bitcoin at the current price. Because if you still believe in what is called bullrun, of course you don't need to hesitate to buy and hold it for a long time. At least until the market is really in a bullrun condition, but what makes me still wondering here is why you are still thinking about the LUNA case and linking it to the current market conditions.

[MainIbem]

What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.

[ajiz138]

the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.

I think it's time for us to forget cases like LUNA and FTX if we still want to focus on buying the best coins like Bitcoin at the current price. Because if you still believe in what is called bullrun, of course you don't need to hesitate to buy and hold it for a long time. At least until the market is really in a bullrun condition, but what makes me still wondering here is why you are still thinking about the LUNA case and linking it to the current market conditions.

The Luna and FTX cases have been passed even bitcoin was able to reach $30K more but this is not related to the news only when it is a bear market so people often say that the case affects bitcoin but for me it is completely not like that there are other factors that determine where the price can move negatively or positively.

I don't even think the bullrun will come if the halving hasn't happened yet, but I'm not against the speculation of other people who say the bullrun will come this year because it's very reasonable because the price is still difficult to guess and only with speculators we hope it will happen.

After the halving, I would say the bullrun will come to become a real rally, but this process takes another year, so for the current year it is likely that the price will just recover but will not turn into a bullrun.

[indah rezqi]

What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.

Dude, the bear market is over and you just have to admit it. Bitcoin has recovered better after briefly dipping to $15k during 2022, so with the price recovery breaking past $31k the bear market is truly over. Such an assumption is true even though currently the price of bitcoin has again experienced a correction to a new support level.

Of course, no one can be 100% sure, but as bitcoin has recovered and found higher resistance, the bear market has automatically ended. We are still at the $26k support at the moment. It seems to be going strong even in the last few days bitcoin has tested the $25k support. I believe traders' panic will lessen and the recovery process will continue to reach new resistance.

[bitterguy28]

I will not agree that we are out of bearish market until we have to reach june 2023, because their is every tendency that Bitcoin can rise today and fall tomorrow as i started previously in another thread as i stated. But i believe that Bitcoin if the bond is strong i will not say we are out of the bearish market

couple of weeks to go mate before its june so maybe we will see or we can decide and tell if we are already out of bear market and the bull is truly coming.
I want to wave Bye to Bear market as well because there is no best and relieving feeling seeing it go , but the problem here is that Bull cannot be seen any closer because the price is still stagnant to the price below 30k and still has a potential to drop below strong position of 26k .

What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.

you must not rely on your feeling instead best to believe in your understanding about the market , we are not here to believe in Miracle but instead we must learn how to trust the currency you are holding .

[cryptomaniac_xxx]

What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.

And as others have said, when you expect bitcoin to move in one direction, suddenly it goes down the opposite. And that could be what is happening in the market right now, although there could be parameters that might affect the price. Like what you are saying, when we thought that the bear market is over as we move past $30k, and thinking it could go higher, the price suddenly drops to $26k-$27k, in short it's hard to predict the movement as there could be factors unforeseen that could affect us. So it's not guaranteed, unless we are in 2024 already and have experience the block halving. For now, we are still in the middle of the bear market.

[Rigon]

the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.

Although the Bitcoin market is currently down, Even then we have recovered from the bear market. But when the price of Bitcoin reached $15,000, we plunged into a full-blown bear market. Then when the Bitcoin market went from $15,000 to $31,000, we assumed the market was fully saturated. But yes, we will soon move on to the good after all. And very soon we will see a bull market. Those who have investments don't worry hold on to your investments we will be going to the moon very soon.

[Hamphser]

What I sense mostly in market is that when you have this feeling that the bear is over then you would encounter more dip or even in a haste to make profits because they make does not obey your prediction or your proposed sequence rather depending on the total marker wave which is often occurred by some news across the globe. For an individual to get exact what will happen in the market is entirely not reliable or seems to be 100 percent guaranteed.

Dude, the bear market is over and you just have to admit it. Bitcoin has recovered better after briefly dipping to $15k during 2022, so with the price recovery breaking past $31k the bear market is truly over. Such an assumption is true even though currently the price of bitcoin has again experienced a correction to a new support level.

Of course, no one can be 100% sure, but as bitcoin has recovered and found higher resistance, the bear market has automatically ended. We are still at the $26k support at the moment. It seems to be going strong even in the last few days bitcoin has tested the $25k support. I believe traders' panic will lessen and the recovery process will continue to reach new resistance.

I would consider out that Bear market is over if we do able to break that 35k and below than that then i could still consider that we are still on a bear market but somewhat if you do see around on meme coins

market or area on which this is really getting some serious market volume if you do try to visit out which its mostly been generated on DEX and something couldnt be detected or determined with those
tracking sites that we do have like CMC or CG. Usually these platforms are already that too behind when it comes to numbers. Well, its not really having some point on making some arguments whether
this market is really already on the start of this bullish season because we are all hoping for the same thing.

It cant really be just avoided that people would really be thinking about things if we do make out some comparison in between those prices. We cant really
tell on when bull run kicks in but at least we are really seeing that recovery.

[arimamib]

Seeing the price movement of Btc which is increasing slowly, I determine the point where the bear market has ended and we will see Bullish conditions in the months to come. Trust this to your chart improvement where if you see a pretty good pattern in the price swing movement that is better than earlier this year.

we are getting closer to Halving i believe market situation will be better and big whale is coming and btc price will be stronger this year.

Everyone needs patience and the key to success is belief and having a strong determination to endure in the long run. All will be beautiful in time we will see btc reach $50k again and hope to make new ATH this year or next year.

[Nrcewker]

the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.

Yes, but I won’t say that we are still in a bear market phase. As Bitcoins are up in their prices compared to 2022. In 2022 we have seen worse things that we are seeing now, so comparatively we are in better state now. This price fall from 30k usd maybe just a price correction before big pump? Who knows anything can happen. But usually we have seen similar patterns when a big market upward trend comes. Currently Bitcoins are lying in 26k usd range, and I would treat it as an opportunity and will buy as many coins as I can here.

[Rasa nanas]

the bear market is not over yet as the price continues to decline and is back below $30k, it looks like we have to be patient waiting for big changes in the market, but I believe that as long as there are no big cases like LUNA and FTX then a bull run will happen soon, it's better to focus on buying so we get profit when the price rising.

I think the price increase from $17k to $30k is a tremendous increase and could be an indication that the bear market is over. at the moment bitcoin is only struggling to break through $30k and the price drop that has occurred is also not a big price drop because so far the price of bitcoin has stabilized in the range of $27k - $29k. it is only a matter of time because there will be a time when bitcoin actually breaks through $30k and reaches a point that is higher than its current point.

[Captain Corporate]

You have to know the difference between ups and downs between each other. Not all increasing prices are the same, some are better and some are worse and this isn't even just about the level, like if the price goes up 2k, it could happen in two different times and could mean different things, its the same price to 2k higher, there is no difference on paper, but the meaning could be all different based on so many things. The same logic applies to going down as well. I believe that we are at a stage right now where this increase is not really a proper increase, its just a movement of the market, a regular day traders movement and nothing big. It is not at a bear level and not going down neither, but I would say this type of increase is not bull run start or anything like that yet neither.

[STT]

27.5k or above today would show positive movement going forward.   Thats closing lows of May 9th to early May 11th and then resistance seen in most recent days.  If we now exceed those limits its a sign of positive action and ability to regain price points lost, if we make a new low however not just 4hr bars but daily etc.  then its more certain we are actually becoming more negative progressively.  So 25.8k is the lower boundary to these two paths to measure strength possibly indicate future BTC price direction better into next week.
   Rising from here and putting 27k below us to close this weekly bar and into next week will mean we are trading above the weekly average which is where I start to count BTC as acting positively.

[flyingcarpet]

The bear market is not over yet, as Bitcoin's value continues to decline. And it is currently 26k. Bitcoin price is hovering between 25 and 30k. It can't get above 30k in any way. Again it does not go below 25k. It is expected that the bear market will end well after 2023 and the bull market will come and after The value of Bitcoin will skyrocket.

Bitcoin has been moving between 25-30k for a long time. It is preparing a solid ground for itself at these prices. I think it will continue like this for a while. I cannot say whether the bear market is over or not because Bitcoin's price increase can occur very quickly.

I think these prices give us a buying opportunity. If the price drops further, I will say that it gives a buying opportunity again. We must make good use of these times.