Is Bitcoin Bear Market over?

[KFC786]

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 🤔💭

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[Odohu]

The right place for this topic is in speculation and there are several topics of this nature there with ongoing discussion and suggestion. One of such topic is this one that asked about bull market which if you lokk the other way is same as your post. So I will suggest you move this there. If you look the down part your will see how you can move the topic to speculation under economics.

[OcTradism]

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 bull market, you can not see price rises day by day, forever. There are green and red days even you are in a big bull run. If you were in this market when Bitcoin was $69,000 and hoped to get cheaper prices to buy it. Yes, you fortunately got many chances with many cheaper prices that are even under $16,000 and if till now you are still hesitating to buy Bitcoin, I am sure, you will regret and have a same hope when Bitcoin crosses $69,000 or hit $100,000.

Bear market is a great chance to buy Bitcoin because if history repeats itself, Bitcoin will make a new all time high in a next halving and a consequent new bull run.

[Beparanf]

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 bear market is already over ever since we already break 20k and 30k few months ago. But this doesn’t mean that Bitcoin will not suffer any correction because there’s no such thing as continuous green day since some trader that purchased on lower price will take profit.

One thing is for sure and it’s that the price is more on the positive side after we break important resistance that keeps the trend on previous bear market.

[mk4]

Maybe, maybe not. This month and last month were really good with concern to bitcoin/crypto prices, but who knows what will happen next month? All the signs are looking great, but people are a bit too hastily jumping into the bull market bandwagon in my opinion.

[Poker Player]

Everything indicates that it is over, although it is not impossible that we have a scare downwards. But at the moment of the cycle in which we are, it seems that we already hit bottom and this is the beginning of the comeback. The prospect of the upcoming halving and the soon-to-be-approved Bitcoin spot ETFs also help the anticipation.

[big kid]

IMO it's over, but it doesn't mean it can't come back soon. I suppose that if ETF won't be approved BTC will slide back at least a little bit. And it won't make any big moves before that.

[adaseb]

I am pretty sure it ended a long time ago. The problem is are we in a bull market that is beginning or ending or somewhere in the middle.

Right now I don’t think any ETF will be approved until at least Jan 10 2024. Since we missed those deadlines and usually December is a holiday month and there won’t be any decisions made there. So I think Bitcoin will trade sideways until the next year pretty much.

[pinggoki]

Everything indicates that it is over, although it is not impossible that we have a scare downwards. But at the moment of the cycle in which we are, it seems that we already hit bottom and this is the beginning of the comeback. The prospect of the upcoming halving and the soon-to-be-approved Bitcoin spot ETFs also help the anticipation.

37k is pretty steep price to drop from in case the bear is still not over and I don't think it's been a thing that has happened before to bitcoin so I am sure that bitcoin probably way past that bear season and I hope that the bitcoin price will stay here for long because it's a comfortable spot to buy bitcoin and be chill that the price won't go any lower. It's a guarantee that halving will affect bitcoin and I'm almost certain that it's going to be a big pump but I still hold reservations that after halving, the pump in prices will probably take some time but I'm all for the waiting anyways.

[traderethereum]

Now, I see bitcoin moving sideways because there is no drastic decline or increase. If you watch the price from day to day, you will see that the current position is waiting for something to go up or down.
But because bitcoin has reached its lowest price of $15k-$17k, what will likely happen is a gradual increase.
It seems that many people will not notice this gradual increase because it is too slow, although sometimes the price will increase suddenly.
We noticed that in 2020, before the bull run occurred, we have now passed the bear market period. So now we have to wait for the bull market.

[Hyphen(-)]

Hi guys, I was wondering if Bitcoin crossed 37,000 dollars. Are there any chances that the Bitcoin bear market is over and we might see a good green day?
What are your thoughts 🤔💭

With all indications and the price range of Bitcoin fluctuating some weeks ago, one can say that the bear market is over since the price is not going below $30k again for long.

But market predictions are not always 100% accurate; we can see some corrections that may result in a high drop in price because, as we can see, the ORDI projects that are getting hyped contribute to the massive growth of the Bitcoin price, even though it is expected since the year 2023 is already coming to an end and we are expecting Bitcoin to halve next year, 2024.

[Upgrade00]

At this point there is no clear distinction between what is a bull market or a bear market as both weave into each other as market news happen and casues the value to rise or drop. This means that even inncases of market spikes, there will be intermittent drop days and during crashes there will be spikes.

We definitely have not gotten to the tail end of abbull run where the market spikes up within a few weeks or months, but are certainly in the accumulation phase leading up to that.

[arhipova]

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 🤔💭

This gain in price recently probably happened because of this reason

https://cointelegraph.com/news/javier-milei-wins-argentina-presidential-election

With more positive news expected in coming months, we will only see upside from here in long term.

[Marvell1]

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 🤔💭

No one knows what will happen in the future, anything can happen. So you need to have your own investment plan, always plan for the worst situations, don't be too subjective because we all know bitcoin's fluctuations are unpredictable. 

I have been consulting with various investors on several social media platforms, some say we are in the pre-bullish phase and we will not drop below $30k again. But there are also some opinions that bitcoin will still have another round of dumping and could fall below $20k once again. In the market there are always two opposing sides and we will not know who is right and who is wrong. Therefore, you should do your own research and make your own decisions instead of following other people's advice because no expert can predict the future.

[moneystery]

no one knows when the bear market will end because the market can change at any time, for example if tomorrow sec will cancel etf, maybe the price of bitcoin will be corrected, or if the sec approves the bitcoin etf it might boost the price of bitcoin. so everything is likely to happen to the market.

but i have an analysis that we are still in an unstable market, where the price of bitcoin can go down and rise, but if you look out in outline, the price tends to rise and if buying now is also not a problem, but still pay attention to the risk of price decline.

[knowngunman]

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 🤔💭

Well, It's actually possible that the bear market for Bitcoin is coming to an end but the short answer to your question is that no one can say for sure if the bear market for Bitcoin is over because no one can predict the future of the market with 100% accuracy. It's possible that the recent price increase is a sign that the market is turning around but it's also possible that it's just a temporary rally and only time will tell whether the bear market is truly over.  The only thing I can tell you is to accumulate more as you can if you have the means to avoid had I know in the end. Because if you keep on waiting for the price to drop further before you take action, you might wait longer and possibly miss the opportunity. Whether bear is over or not should not be the center of our discussion but rather how we can accumulate more into our wallet and wait for result after.

[Zaguru12]

no one knows when the bear market will end because the market can change at any time, for example if tomorrow sec will cancel etf, maybe the price of bitcoin will be corrected, or if the sec approves the bitcoin etf it might boost the price of bitcoin. so everything is likely to happen to the market.

This is the case of the market currently, if you look at the entire year you will see that the bitcoin market has increased so with 120% and then the last two months on its own has had the market moved up 40% which shows that many people have bought into the ETF FOMO. For now as long as the the halving hasn’t happened I would say this swing of the market is bull trap. Right now the support level is at $34,500 to $35,000 while the resistance level seem to be at $37,200 to $37,800. This changes will remain until next where we will get the fate of ETF, should it be delayed more by the SEC I think we will see a large pull out by short time holders. For now I am in till 2025

[bitterguy28]

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 Price crossed 37k multiple times just this november which means you asked this so late
and yes until now we are sitting at 37k but yet falling to 36k from time to time so for me it is still hard to tell if we are
already at Bull market things that expected each December months of the year.
also I believe that Bear will still appear either late December or Early January next year so don't Bite that much
because you might taste the bitterness if expecting too much.

[fuguebtc]

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 🤔💭

This gain in price recently probably happened because of this reason

https://cointelegraph.com/news/javier-milei-wins-argentina-presidential-election

With more positive news expected in coming months, we will only see upside from here in long term.

This news was just announced today while bitcoin's recovery and price increase has lasted more than 3 weeks. Furthermore, this will have a positive impact on investors in Argentina, but it will not have any impact on the market, Argentina is not a large market or a large influential economy affect the market. The hype over the past few days is due to news related to ETFs but also congratulations to Argentine investors because Javier Milei is a very bullish president on bitcoin.

[sunsilk]

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 been on the green days for how long now. Though we need more confirmations that the bear is actually over. It may be safe to assume now that it has ended if this green days will continue before the halving.

Because after the halving it is normal that we see the beginning of the bull run by that time. Just expect that it is always going to be a trend that is unpredictable.