Is Bitcoin Bear Market over?

[Don Pedro Dinero]

I also believe that the bear market is over. We bottomed at $16,500 and since then, albeit with ups and downs, the price has been rising to where we are now. At the point in the cycle that we are at, with the halving in half a year or so, I think it is quite unlikely that we will go down to $20,000 or so, which would make us think about the bear market again.

[Tony116]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

My direct answer is yes, the bear market is over since each Bitcoin becomes 35k$, so the market is really bullish on what is happening now. What I even see there entering January early 2024 is that the price value of Bitcoin may range between 42k and 50k$.

But it depends on what happens with the updates in the crypto industry.If the news we hear and read is positive,  before the end of this year, the price of Bitcoin that I mentioned will reach immediately.

Are you saying that if we have no positive news and only negative news, we will return to a bear market? If you still think that the market's movements still depend on upcoming news, how can you say that the bear market is over?

To me, the bear market is over even if we have more negative news. I mean, the market will have to correct if there's bad news but it won't be dumped as big as what happened in 2022. Bitcoin will not be able to fall below $25k so it cannot be said that bear season will return. Bear season is truly over even if bitcoin doesn't hit $40K this year.

[kotajikikox]

I also believe that the bear market is over. We bottomed at $16,500 and since then, albeit with ups and downs, the price has been rising to where we are now. At the point in the cycle that we are at, with the halving in half a year or so, I think it is quite unlikely that we will go down to $20,000 or so, which would make us think about the bear market again.

we have strong hold above 20k so yeah since we have been in 16k and now having this great positioning? I also believe that we are now in off bear market in which shows there will be having a High expectation in the next coming months if not taking a year because the speculation in halving is Too high from now.

today the price of bitcoin has passed $37k and I see that recently the trend of bitcoin price movements has been very good and if this continues $40k will be reached soon. I am sure this positive trend will continue and in the future we will see an increase in the price of bitcoin because soon we will enter a bullis year and more and more people will want to buy bitcoin for investment.
If you ask is the bear market over? looking at the current market situation it seems like the bear market is over.

if the increase continues to above 38,500 then  we can tell that 40k is near to broken and yes running to 45k in the next couple of weeks.

[Rabata]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

[Nrcewker]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

Bear market doesn’t get over in a single day. I mean it takes some days and weeks to transition from a bear market to bull market. This price growth is just minor correction according to me. This signal looks positive though, but we might see Bitcoins crossing 50k usd or more in next year only. So yes we have huge chances to buy the coin in comparatively low price now. So don’t wait further and accumulate as many coins as you can in this price segment.

[jeraldskie11]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

In my opinion, bull market happened since march 2023 after it broke the $25k resistance. Just because we are in the bull market doesn't mean we can't see red days. There is always a green day in the bear market and there is always a red day in a bearish market. It's because the market will always make a retracement because there's more demand in the discount zone waiting to fill and send the price higher. Maybe couple of days or weeks from now, retracement will begin and possibly hit $30k, and it's a bearish trend in lower time frame.

[EarnOnVictor]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

Emphatically and without any apology, Bitcoin is now bullish in the long-term disposition and I do not see anything stopping it from continuing to buy till next year. However, it might not make a significant breach of $40,000 until next year against what's widely conceived but might also not breach below $30,000 either till next year. The bullishness of Bitcoin is deserved and well overdue after years of long-term bearishness, this was aggravated by inflation and is a very good call for everyone to ensure that they know how Bitcoin behaves so well before they deal with it.

Also, what I see that is beyond the assertion of whether it's bullish or bearish is to know how to properly guide ourselves on when to buy and when to sell the coin (exit), this is equally good as knowing when to buy/sell (entry) which most people are often blinded/engrossed with than the exit. At this time, everyone can continue to make their buys as the coin will never make any significant bearish movement again until the post-halving time which I believe would be more than 1 year from now. Nonetheless, every Bitcoin lover should be in by now and be learning the best ways to opt-out in the next 1 year.

[bestcoins1]

In my opinion, bull market happened since march 2023 after it broke the $25k resistance. Just because we are in the bull market doesn't mean we can't see red days. There is always a green day in the bear market and there is always a red day in a bearish market. It's because the market will always make a retracement because there's more demand in the discount zone waiting to fill and send the price higher. Maybe couple of days or weeks from now, retracement will begin and possibly hit $30k, and it's a bearish trend in lower time frame.

Currently the price of Bitcoin is still quite close to $38K, where the low zone may not reach $30K again if a retracement occurs again in the market this year. Soon we will all be in December and I also estimate that a price decline is still very possible in the market, but it will not reach $30K. Because the potential for price increases is still very possible for Bitcoin if demand never decreases and continues to increase in the green zone.

[Myleschetty]

I also believe that the bear market is over. We bottomed at $16,500 and since then, albeit with ups and downs, the price has been rising to where we are now. At the point in the cycle that we are at, with the halving in half a year or so, I think it is quite unlikely that we will go down to $20,000 or so, which would make us think about the bear market again.

The $16,500 may be the bottom price but the bear market is not over until next year, judging by the previous market the Bitcoin trend will be up and down until it's next year when there will be enough pressure in the market which will spring up the rally market.

[Hamza2424]

The $16,500 may be the bottom price but the bear market is not over until next year, judging by the previous market the Bitcoin trend will be up and down until it's next year when there will be enough pressure in the market which will spring up the rally market.

Hmm, the current zone is the pre-distribution zone I think. The market is almost 75% down from the ATH and 25% Up from the Bottom, and the coming timeline is too busy and highly bullish according to the expected financial developments. So we can safely say the rocket has lunched to the destination moon.

This cycle was a good time for me to learn and practice most of the things and what is left over now is just the exit plan, and I've started working on it as well, because comparing to a timely entry the exit matters  more. Becasue this where you start setting up things for the next cycle.

[bettercrypto]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

You are correct about the length of time we have to wait during the bear season, but we are still in the cryptocurrency business. Of course, even if we have exited the bear market, there will still be a reduction in market prices. As a result, it will undoubtedly deviate from the trend.

Instead, an uptrend will occur, which we will undoubtedly see in the following days, weeks, and months. Profiting appears to be simpler in these times, and only those with trading understanding comprehend this.

[jaberwock]

We will definitely see good green days. Because the value of Bitcoin is increasing a lot. I think we will see Bitcoin price 50 to 55 this year. And in 2024 it will make new ATH which will rise above 100. So if you have money left to invest, definitely invest for long term. You will be very profitable for this.

Actually, the increase have once again stopped a long time ago. Can't you see that we are still stuck at $37k? Plus there are negative news forming again in the market like the collapse of certain crypto exchanges.

Now will you still say that we will be seeing a greed day? I doubt it. We only have a few time left before we finally end the year, so I don't also think that we will achieve those prices you are calling there. If in case there is a miracle that happened and BTC starts to move up wards again, I think the max that we can get is $45k plus, but it may not touch the $50k mark. I guess that was still an acceptable price for you, since the gap aren't that far.

[carlfebz2]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

You are correct about the length of time we have to wait during the bear season, but we are still in the cryptocurrency business. Of course, even if we have exited the bear market, there will still be a reduction in market prices. As a result, it will undoubtedly deviate from the trend.

Instead, an uptrend will occur, which we will undoubtedly see in the following days, weeks, and months. Profiting appears to be simpler in these times, and only those with trading understanding comprehend this.

How we do able to recognize or point out that we had already exited the bear market? 50% already on its ATH?  There's no way that we could tell but at least it is really that good to see that we are really
making these gradual increase which is way more than that we had experience at the bottom which is on $15k which we are already x2.5 on the current price now and 50% to hit up that ATH.
Now that halving event is really that fast approaching then this is the only time i could say that we do able to enter the bull market but just like into those experienced ones where we do able to
experience that last dip before it would shoot up. The main question is on when it would happen? No one really knows and this is why it would be wise that we should really be
prepared some money for making some DCA.

Everything which is before the halving event cant be considered to be having that bull run. We do really need to pass first before we do assume
that we are exiting the bear trend. Somewhat it is really just that cant be too easy to tell on where it would be going and its a normal approach
that we would really be that continuing on trying to look for different entries and maximizing possible bottom.

[erep]

Actually, the increase have once again stopped a long time ago. Can't you see that we are still stuck at $37k? Plus there are negative news forming again in the market like the collapse of certain crypto exchanges.

Now will you still say that we will be seeing a greed day? I doubt it. We only have a few time left before we finally end the year, so I don't also think that we will achieve those prices you are calling there. If in case there is a miracle that happened and BTC starts to move up wards again, I think the max that we can get is $45k plus, but it may not touch the $50k mark. I guess that was still an acceptable price for you, since the gap aren't that far.

Agree, we have to be realistic about reviewing accurate market predictions for 1 more month before next year, the price in December will be the determining factor for market predictions ahead of next year's halving, I hope the market has a positive impact in December and the market price can close at $45k this year.

However, if the market corrects at the 30k level then I will increase investment because there is a high chance that after the halving there will be a bullish market because we have reviewed the increase in prices after the halving period from the previous graph, I expect positive things from the predictions after the halving, but I remain focused on increasing investment at a lower price than the current market.

[jeraldskie11]

In my opinion, bull market happened since march 2023 after it broke the $25k resistance. Just because we are in the bull market doesn't mean we can't see red days. There is always a green day in the bear market and there is always a red day in a bearish market. It's because the market will always make a retracement because there's more demand in the discount zone waiting to fill and send the price higher. Maybe couple of days or weeks from now, retracement will begin and possibly hit $30k, and it's a bearish trend in lower time frame.

Currently the price of Bitcoin is still quite close to $38K, where the low zone may not reach $30K again if a retracement occurs again in the market this year. Soon we will all be in December and I also estimate that a price decline is still very possible in the market, but it will not reach $30K. Because the potential for price increases is still very possible for Bitcoin if demand never decreases and continues to increase in the green zone.

Honestly, $30k is very possible to happen because it's a support zone. We traders and investors might believe that the price won't go down because of the strong demand we currently see in the market. But because there's always a manipulations in the market, the bad news can make the price go dip and we can't resist it since institutions and big banks are behind of the selling pressure. We small traders can't help it but to ride with the trend.

[Bitcoin_people]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

Bitcoin as we can see has grown more than before and the market has improved. At $37,000 the current price of Bitcoin is almost the highest it has recorded this year, we have seen the Bitcoin market drop to a very low price. But currently it has turned back into green candlesticks in the market. As we look at the current position of the market we can understand that it is not moving down but slowly moving up. According to that we can say that the Bitcoin market will grow more magnificently in the coming days and will pump better than the current market. I think in general the reason Bitcoin is so high right now is because of the halving in 2024 and the bull market the year after that. And around all these the Bitcoin market is steadily increasing day by day and the fear of it going higher is increasing and the demand is also increasing.

[flyingcarpet]

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

Emphatically and without any apology, Bitcoin is now bullish in the long-term disposition and I do not see anything stopping it from continuing to buy till next year. However, it might not make a significant breach of $40,000 until next year against what's widely conceived but might also not breach below $30,000 either till next year. The bullishness of Bitcoin is deserved and well overdue after years of long-term bearishness, this was aggravated by inflation and is a very good call for everyone to ensure that they know how Bitcoin behaves so well before they deal with it.

Also, what I see that is beyond the assertion of whether it's bullish or bearish is to know how to properly guide ourselves on when to buy and when to sell the coin (exit), this is equally good as knowing when to buy/sell (entry) which most people are often blinded/engrossed with than the exit. At this time, everyone can continue to make their buys as the coin will never make any significant bearish movement again until the post-halving time which I believe would be more than 1 year from now. Nonetheless, every Bitcoin lover should be in by now and be learning the best ways to opt-out in the next 1 year.

Predictions are made for Bitcoin, but they are all just assumptions. Of course, everyone has their own ideas, but it would still not be right to ignore the risk of decline. There is always a risk that the market will fall. So what you say may be true, but there is no certainty and we have no possibility of knowing this certainty. So I think you should always be careful and take your risks accordingly.

I'm not saying what you say is wrong, I'm just saying you should invest more carefully. To say it will never experience a significant decline again is a very bold statement.

[traderethereum]

I also believe that the bear market is over. We bottomed at $16,500 and since then, albeit with ups and downs, the price has been rising to where we are now. At the point in the cycle that we are at, with the halving in half a year or so, I think it is quite unlikely that we will go down to $20,000 or so, which would make us think about the bear market again.

The $16,500 may be the bottom price but the bear market is not over until next year, judging by the previous market the Bitcoin trend will be up and down until it's next year when there will be enough pressure in the market which will spring up the rally market.

Yes, the bearish market is not over yet. At least we still see market conditions fluctuating. But for now, the market is trying to recover so we have to be more patient. But now the market has been able to increase from its lowest price so we can feel a little relieved.

Our wait to see the bear market come to an end is fast approaching. But we still have to be alert to the decline, which hopefully won't be too deep.
Currently, we can still accumulate bitcoin before the price actually reaches a higher price than it does now. If that happens, we may be too late to buy at low prices.
Prepare yourself for the arrival of the bull market and remember to set a price target for selling your bitcoin and altcoins.

[AnonBitCoiner]

We will see different worth of bitcoin till April of coming year because crypto market is volatile and we cannot see continues dump or pump condition. Green days are yet continue but no one knows that how long this will last because continuity never exists in crypto. In past bitcoin hit the higher value of 69k$ so it is estimated that in future Bull run it will go ahead from this value. Everyone is in hope for green market but no one knows the reality that when will be green light or when will be red because there are few months remaining till April and halving as well as Bull run will be initiated in April.

[STT]

Arguably the bear market was over this entire year, we just needed time to prove the premise.   A small amount who believe that  is not enough, more evidence is required for a broad market rally.    The reason confidence can grow is multi faceted, both trend, volume support in areas under traded and the moving averages reflecting positively on multiple time frames.   Between all those measures people from multiple perspectives will accept that BTC has the ability to regain regularly is more a buy then sell.
  The final key to me that is not there yet is outside BTC, its the dollar index.  We sit in a larger pool of liquidity and DXY or dollar index was gaining last year and this year.  I wont take us to be fully bullish until DXY falls below 100; we had an attempt prior this year now this next attempt will be the retest etc.  can take many months as its trillions of dollars globally.