GeorgeJohn
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November 20, 2023, 08:29:46 AM |
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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 🤔💭
The bear season of bitcoin is likely to be over, because when you go through cryptocurrency chart you will notice that the greenish candles stick in the market chart is higher than the one of red candles sticks, so therefore I will like us to understand that since October 2023 bitcoin really changed sharp, so therefore I believe that bitcoin is on the Early stages of bullrun so we don't need to say that we are still in the bearish, and again we are approaching 2024 and we are expected for bitcoin price to skyrocket to higher levels in value than the way its rights now, so therefore, we should expect that the price of bitcoin should be going up again instead of falling.
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EluguHcman
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November 20, 2023, 08:48:06 AM |
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This is why I must say one shouldn't lean on the Bitcoin predictioners. The flexibility of Bitcoin volatility is extremely high to be predicted as long Bitcoin is a decentralized digital currency that is a global trend and widely adopted. On just need to strive the crypto markets at taking advantages at all costs of what nature it is profefered either a bull run or a bear run. It is either you hodl to increase your hodling value rate at bull runs or you buys/top up to your hodling at the volumes of bear running hopeful could be better chance to purchase at then.
This is why I am not moved neither by the bull or bear runs. I only gazes at taking advantages on what courses of volumes. At this juncture, I can say the bull run is over but not yet over. It could be greased to gear up an overnight.
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Magic-Money
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November 20, 2023, 08:57:26 AM |
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Bitcoin Bear market is still on the process of bull run session fluctuating, while waiting for the Bitcoin to complete the cycle in other to know Bitcoin uptrend session which is Bear market stage that many crypto investors are expecting.
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DanWalker
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November 20, 2023, 09:25:28 AM |
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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 🤔💭
If you ask my personal opinion, I think we are at the end of bear season. I mean we won't be able to drop below $25k-20k like some are expecting anymore, if the market corrects we will be in the $30k+ area, IMO. It's all just everyone's opinion and prediction, no one knows exactly what will happen, so I ask you to make your own judgment instead of depending entirely on other people's opinions. We should only take their opinions for reference, not rely on them and trust them without doing any research.
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cryptoaddictchie
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November 20, 2023, 10:00:18 AM |
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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 dont know for sure. We arent entering a bull phase even with a huge pumped happened in the past weeks. Maybe a correction is a must or a continous run would happened until the bitcon halving occurs, but theres a lot of speculation that this will be the biggest bull run if ever. Might as well do some dca on your favorite projects before thats happenned.
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Ale88
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November 20, 2023, 10:55:02 AM |
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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 🤔💭
I am pretty confident that the bear market is finally over. We could (probably) have some small dumps on the way, which are totally fine, actually are even a good thing, but I don't think we'll ever go below $25k again at this point. Right now we are at $37k, losing $10k, which is a lot, would mean going to $27k, which is already way above the number we saw after FTX's bankrupt.
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mirakal
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November 20, 2023, 10:59:25 AM |
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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 🤔💭
I can see that the market is in a good position currently and Bitcoin is having a positive price that has high chances to increase more and continue to surge high. And as long as there are no positive news that will hit the market and makes it suffer, then we can speculate that bitcoin price will continue to skyrocket. However, we can't certainly tell that the bearish market is already over, and that any time of the day, bitcoin price may suddenly drop again because of market correction. But knowing bitcoin is too much volatile, then we can't continue to assume that bitcoin price will keep on moving up. Yes, the price may seem bullish but for sure we are not yet entering the bullish season but definitely, the market is heading for it especially that the assumed spot ETF approval and Bitcoin halving are coming near.
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Yamifoud
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November 20, 2023, 11:22:36 AM |
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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 🤔💭
The bear market is over IMO but never it says that we are already in a bullish trend. The current increase in price is not enough to consider that we are bullish already but the progress seems to be very positive for a greeny day. However, we can't expect the movement to go straight high as the dump is certainly going to happen whether we like it or not. We still need to observe the movement of the market and also be updated with the news as this has a huge impact on the price and demand. Next year is scheduled for halving, we probably see another pump.
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Mpamaegbu
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November 20, 2023, 11:49:42 AM |
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What are your thoughts 🤔💭
The price dip in Bitcoin at this time is correction, not in any way does it signify a bear market. You should experience a bear season to know the difference between it and price dip. 2026 will afford you that experience. Back to the issue at hand, even if Bitcoin doesn't cross the $37k (it's at $37,250, already) level this November, I still count it to be in a bull rally. Everything points to that. The rally continues to speed up as halving draws near and that's what we're witnessing. So, don't panic. Do your purchase an hodl for the ride.
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invo
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November 20, 2023, 11:59:26 AM |
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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 could ever really tell if the bear market was over. But, we should always expect a sudden dump in the price of Bitcoin. As we all know, the halving will occur next year, and it will take an additional year to take effect. It means that there are so many things that could happen. We should also expect FUD and manipulation of the price until we reach the next halving.
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SAHASAN
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November 20, 2023, 01:57:05 PM |
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Bitcoin BTC has no bear market cause it is started from 0.1 $ and current price is over 37000$ so I don't think bitcoin has any bear if price going down again then its just a correction or market manipulation due to trader manipulate for short time only.
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dimonstration
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November 20, 2023, 02:10:29 PM |
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Bitcoin BTC has no bear market cause it is started from 0.1 $ and current price is over 37000$ so I don't think bitcoin has any bear if price going down again then its just a correction or market manipulation due to trader manipulate for short time only.
You are using a general overview while the bear market is an indicator of a trend which describes a market that continuously falling for a certain period of time. I think you are trying to express that Bitcoin will continuously grow no matter what happened despite the market turns red. You probably overlooked the context for the word bear market. This article https://www.investopedia.com/terms/b/bearmarket.asp will help you to fully understand its meaning.
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Distinctin
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November 20, 2023, 02:12:11 PM |
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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 🤔💭
You know I always thought that what we have experienced at the moment is just the result of market correction, and that the bear market will always have the chance to return again when there are negative news and events that would affect the market badly. And if confused why bitcoin price continues to ascend, it started with the fake ETF approval and has continued to surge high from then. The only proof that we are waiting that the bear market is already over is when majority of the crypto coins will experience a positive price increase, and it will only be possible if the real bull run starts. For now, let's just put it this way, bitcoin market is not bearish nor bullish. Whatever its price movements, it has something to do with the current positive news in the market, and not because the bear market has already ended.
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Mr.right85
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November 20, 2023, 02:46:20 PM |
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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 okay for you to assume the market is within a safe zone to have speculative assumptions based on the fact that, the bear market recorded its dip around $17k and now, it’s around $37k at the time of making this post. The variance between the current price and dip be ($37k - $17k) = $20k. Now that’s a long way up don’t you think. Also, if we were to make a comparison with the ATH and current price, we would have a variance of ($69k - $37k) = $32k. Now that’s some good improvement and the market continues to head towards an uptrend. While we might not call it a bull market just yet or assume the market to have left it’s bear session, we are within the zones of consolidation where the market could still assume whatever form.
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BALIK
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November 20, 2023, 03:04:26 PM |
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-snip For now, let's just put it this way, bitcoin market is not bearish nor bullish. Whatever its price movements, it has something to do with the current positive news in the market, and not because the bear market has already ended.
From the beginning of the year to March, bitcoin increased from $17k to $25k and from March to now bitcoin is trading above $37k. You're right that we're not really into bull season yet, but is it right to say the market isn't bullish? If you buy bitcoin from 17k and altcoins now you have profit x2 or more. Therefore, this year can still be considered a bullish year for bitcoin if we compare it with the bottom created in 2022. It is very unlikely that bitcoin will plummet again or fall below $20k again, so it can be said that the bear season is over.
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Mate2237
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November 20, 2023, 03:20:38 PM |
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The Bear and the Bull Markets are all depends on the time of the persons investment. And I think this have been discussed in other threads and comments were made from different angles and opinions. Like as for me I join this forum and started my bitcoin to the fullness from last year 2022 and at that time bitcoin was on the bear market of 26k$ and if I bought bitcoin at that time, I will not take this time as a bull market but if got into this system when bitcoin was higher then this is a bear market for them.
So at this moment I will say bitcoin is leaving the bear market to the bull market. So everyone should prepare themselves for the great harvest.
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yudi09
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November 20, 2023, 03:26:57 PM |
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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 🤔💭
Above 37,000 Dollars is still possible this year. Bitcoin's price achievement in November was the highest for this year. This cannot be confirmed as the highest because there is still one month left. Maybe the price of Bitcoin in December passes the price of 37,000. Regarding the end of bullishness, I think it may or may not be because there is no certainty about what will happen to market prices. Rather than thinking that the bullish market will end and the bullish market will return, ignoring it by continuing to hold until the halving is more necessary because the price level has been below for almost nine months.
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kentrolla
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November 20, 2023, 03:30:38 PM |
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It's been a while since Bitcoin bear market has passed else we wouldn't have seen the surge in value of Bitcoin and it would had been struggling between $15k to $20k.But those who had invested when the Bitcoin was above $40k will still feel like bearish market. But for majority who has not invested or invested at the bottom they have already achieved more than 100% profit.But in general some will describe that bullrun has already started while some will say value will go down. My instinct says that this is not a bull run like we had in the past it's bit different and there are fears of market correction as well.
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Humblevirus
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2023, 04:36:23 PM |
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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 🤔💭
Looking at how the price of Bitcoin is reacting recently, and the fact that it hasn't fallen all that much recently, one would be tempted to believe that the bear market is almost over. Declaring with certainty that the bear market is gone is still difficult, though. This hesitation is a result of the Bitcoin market's complexity and unpredictability. Op If you are considering purchasing Bitcoin, I advise you to either do it right away or use a technique known as Dollar Cost Averaging (DCA), which is investing a set amount on a regular basis. This lessens the need to worry about an increase or decrease in the price of Bitcoin. Why? Because we are getting close to the halving phase, which is a hint that a bull run may be forthcoming. But it's crucial to keep in mind that you should only invest money that you can afford to lose.
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Wiwo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2023, 04:47:06 PM |
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First, you may have to move this thread to the specialities board because that is the most appropriate place for this topic and since this is a Bitcoin discussion we may contribute some cent to this topic but make sure you move this topic to the appropriate place for it to gain the right audience.
Bitcoin has indeed done great this period, but we should not be carried away by that we should also be on the lookout for a possible market correction, although no one can say if the uptrend in Bitcoin price direction will continue, but then also we have to be prepared a d not set our mind on one direction market expectations since anything can happen at some point.
So for sure, $27k is not too much of a price for us to start speculating that we are totally out of the bear market, although we can say that, we have gone past the level at which we can be afraid of a major bear attacks unlike when the price was around $15k back then in few months ago.
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