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Author Topic: Is Bitcoin Bear Market over?  (Read 733 times)
Zlantann
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November 20, 2023, 05:10:30 PM
 #41

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 don't have any direct answer to this question because the Bitconsphere is highly unpredictable. The price has been moving high for the past few weeks and it is unlikely that the price might go to less than $30k. But we should always acknowledge that a single event can drive the price down. We saw how the war in Ukraine and the fall of some crypto-related businesses led to the fall of the price in the past. Therefore there is no certainty that we are in the bull run. However, some positive news such as the spot Bitcoin ETF and maybe the adoption of Bitcoin by Argentine can sustain the price until we get to the halving period.

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November 20, 2023, 05:11:28 PM
 #42

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 speculation based on the past Bullrun, this is probably just a temporary pump in the market, but at this point, we are probably going to reach 40k$ or even more before the end of the year and then before the Bitcoin halving event for sure there are going to be a huge pullback or probably even after the Bitcoin halving event like what happened in the past halving events.

So I started selling a small percentage of my investment just to be safe since I invested at a very low price so it wouldn't really hurt to sell some Bitcoin and altcoins at this point since profit is profit it is always a good thing to always take profit since we have a high chance of pullback for sure so we can easily buyback when the market price to back down to around 25k$ but on the other hand you could always do the opposite in case the market price continues to skyrocket but I really doubt that the Bullrun is going to happen in the coming months.

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November 20, 2023, 05:12:00 PM
 #43

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 way the Bitcoin market is going right now, we can say with certainty that it will touch $40,000 by the end of the year. Today we have seen the green light in the market and Bitcoin is basically moving steadily forward, currently Bitcoin has crossed $37,000. As we can see the green candles in the market towards the highs, Bitcoin is definitely going to be a bull market. Since a huge Bitcoin halving awaits us in the new year ahead, we can invest now as it is a good time to invest.

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November 20, 2023, 05:14:11 PM
 #44

If you are asking this question because you are a short term trader who wants to know if you can speculate long on the price of BTC, take note that we do not know for sure what would happen in the short term, the price could still fall in the short term. BTC block reward would be halved next year, and there is so much talk about a spot etf in the U.S., so the long time price may be bullish, especially after the halving, but there is no certain prediction, so do your own research and buy only what you can afford to lose.

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November 20, 2023, 05:38:34 PM
 #45

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 think so, the bear market is over when bitcoin hits 16k, that's what I believe at least. I also suggest you do your own analysis before making a decision to buy Bitcoin. What I'm afraid of is when everyone says the bear market is over, and it turns out conditions have reversed, you start blaming the people who say the bear market is over. at least that's what I did when I bought bitcoin at 69k and someone said bitcoin would touch 100k last year. but in the end I think it was completely my fault, and I learned from it.

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November 20, 2023, 07:43:27 PM
 #46

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 🤔💭
Cant really say that the bear market is over yet green days is really just that normal on this space. There's no way that it could really be that be called some sort of bullish run but rather it would really be just an another day here on crypto. Good thing is that we are really that seeing that prices are really that starting to climb up on which it is really that something which is really that good to look at. Everything would really be considered fine on the time that we are really that seeing gradual increase. Bear market is over if we are already seeing bull run effect which is usually that do happens when Bitcoin halving happens few months after.
We dont know if it would really be that seeing that much more than on previous BR"s but at least it is really that good to see that numbers are starting to climb now.

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November 20, 2023, 09:07:17 PM
 #47

Giving a definite answer to this question at the moment is something I can't be definite about because the market continually experience changes on daily basis because that the dynamics of the market but overall, Bitcoin have a market cycle with which if we were to follow, then we could have a sentiment to which an answer could be given to this question.

There's usually a bullish and bearish market cycle for Bitcoin. Currently if we are to count in that four years circle, after the last bull, we could say we are about exiting a bear market and possibly expecting a bull Market in about two years time but the most recent will be the halving which will be characterized with some bullish movement and last some bearish movements aswell but they would be just temporary until the halving is over then a proper Bull will set in, mind you this analysis is based on the Bitcoin Market cycle.

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November 20, 2023, 09:22:34 PM
 #48

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 don't have any direct answer to this question because the Bitconsphere is highly unpredictable. The price has been moving high for the past few weeks and it is unlikely that the price might go to less than $30k. But we should always acknowledge that a single event can drive the price down. We saw how the war in Ukraine and the fall of some crypto-related businesses led to the fall of the price in the past. Therefore there is no certainty that we are in the bull run. However, some positive news such as the spot Bitcoin ETF and maybe the adoption of Bitcoin by Argentine can sustain the price until we get to the halving period.

Bitcoin market is never over, if we look very well to the recent days, we've been on to $37,000 and from there we have also experienced some bears taking us back to $35,000 to $36,000 but the season is currently bullish because there have always been resistance over the bear to maintain the bull, more so as we continue to move towards the halving, we will be having both the two together but the bull will always sustained over the market till we are off the bull season again, for now, althrough the year, we are bullish and most likely till after the halving.

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November 20, 2023, 09:49:04 PM
 #49

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 🤔💭
Asking for a chance, it is definitely we have and we are about to leave the bearish situation already. However, we couldn't just leave too confident that we can no longer experience drops again knowing that the market is unstable, the price will pump and also it dump. But we are too optimistic with the current pump situation of the market as we move far from $30k where the price of Bitcoin has been stuck for a few months. Almost all of us are looking forward to a greeny day, especially as the halving comes closer.

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November 20, 2023, 09:59:32 PM
 #50

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, as long as the bullish season has not started yet, then maybe I can say that we are still in the bearish market although bitcoin price is not that low anymore. I can only say that this bear season is over when I finally witness these crypto coins surging in prices because if that appears consistently, then it's good to say that we are near to start the bull season.

However, that's not my concern these days because I'm still enjoying the current good position of the market and bitcoin price that becomes more appealing these days. Hopefully, this is the start of a bullish market.

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November 20, 2023, 10:24:37 PM
 #51

At the end of the different opinions you’ll get, do not forget that it’s just speculation and Bitcoin has its own unique way movement to determine its price at the time.For now, I’ll say it’s unlikely that we’re still going through or into the bear market, but like I said, that statement may not be true by next tomorrow as Bitcoin can choose to follow any direction at any minute.



 

 

 

 

 

 


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November 20, 2023, 10:41:37 PM
 #52

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 🤔💭
Since the frequency in increase of price is more than the decrease in the price in the market, so with this it tells that the bear market is over. The market keeps increasing every day and not static unlike some months ago. This time around in the market there are more green candles which is another evidence to see that we are entering into the bull market. One thing I observed in bear market's is that their are always red candles,  it is either the prices of bitcoin decreases drastically or remains stagnant for a while. From what the market is like is not what can be called a bear market.

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November 20, 2023, 11:04:57 PM
 #53

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 really don't know if we could say that the bear market is over right now or if we are already in a bullish market period, as the price of bitcoin seems to be shaking this period and there is no stable upward movement at the moment.
 
But from the look of things and how the market is showing some positive changes, we can still hope for evergreen for the main time. As we are already approaching the end of the last month of the year, a good market result is actually being expected.

We could also see the market close at $40,000 if possible, and if there is no negative news that could break down the market again, whatever the case, let's just hope for the best. I see the year ending with a green market, and the price difference will determine if we can consider it a bull run or not.

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November 21, 2023, 12:02:34 AM
 #54

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 🤔💭
Many people said bearish it's over, and the bitcoin price is beginning to bullish trend. But I am still not sure what next, because Bitcoin price is no control. No one can control the price so probably trends can change quickly if there is something big happens in the market next. The world is still in a war situation, and that possible if it expands everywhere, will affect the market situation. Or maybe there will be a change the pattern if it is a nuclear threat happens on a country war. That really scary if the wave make trouble to the internet, and of course will be affect to because the network uses that.

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November 21, 2023, 01:43:02 AM
 #55

~
What are your thoughts 🤔💭
Based on the previous movement of Bitcoin during the year 2023, we can say that we might be out of the bear season already.
On the other hand, though, I always believe that there's a chance that we might see Bitcoin go down to as low as $20,000 yet again. What are the chances? Kind of low, but it can still happen.

It seems like investors now are optimistic about the market thus, we are seeing price increases over the months. Just that ticker symbol alone pushed the price of Bitcoin from $30,000 to $35,000. It just shows that one piece of news can still make the price of Bitcoin go high significantly.

Still, I'm cautious and ready for whatever might happen. If we see Bitcoin's price go down, take the opportunity and buy. If we see the price of Bitcoin continue to rise, make a plan, and set target selling prices. Always take note that there's always an opportunity whether we are in a bear market, or in a bull market. You just need to make a strategy and plan it. Smiley

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November 21, 2023, 01:50:34 AM
 #56

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 can accurately predict on what's going to be the next movement of Bitcoin. Bear market might be over but it's not certain yet since anything is possible to happen. The market is unpredictable that it can change to being bearish again in just snap. Therefore, I won't be too complacent and just be alert on the movement (this is if you're investing in short period and wants to take advantage the price increase/decrease).

Nevertheless, The recent good news circulating really had a positive to impact to Bitcoin, plus the fact that halving is near. Many investors are looking forward to it and optimistic that bull run might happen again after.

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November 21, 2023, 03:07:13 AM
 #57

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 🤔💭
Even if bitcoin crossed 40k and above yet we cannot call Bear is over mate because there are
so much to come whenever we are in the year ender and also what more when halving is near coming? that is a sure
dropping as far as I remember for my 2 Halving season experiences.
So better not to expect much instead just listen to your instinct if there is a chance of buying when the market
bears again.

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November 21, 2023, 05:21:39 AM
 #58

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 🤔💭
That is something that is quite possible to achieve on Bitcoin, because currently Bitcoin has already passed $37K and was not even that far away at $38K. This means that if you want Bitcoin to exceed that price this year, I think it is quite possible for Bitcoin to happen as long as people who already own Bitcoin are still happy enough to hold on to Bitcoin and continue to buy Bitcoin at the end of this year. So you don't need to worry about the price of Bitcoin, because as long as there are still enough market users and Bitcoin holders, price increases are a very real thing for Bitcoin.

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November 21, 2023, 12:02:31 PM
 #59

With the price of Bitcoin increasing and reaching the $37k level, the bear market has started to leave the crypto market. But we still have to be patient because the bull market has not shown any signs of coming. Current crypto market conditions are getting better, although prices are still going up and down irregularly. At least we now have hope to see the price rise again.

We have almost seen the New Year, which will be in less than 2 months. But we don't know what will happen at the end of this year but hopefully, it can provide more profits than before. Sooner or later, the bull market will come. We just need to be a little more patient.

We can use this time to prepare for its arrival by purchasing coins that have the potential to increase. And prepare your Bitcoin because next year, there will be a halving moment. And the halving moment can give great hope for getting even bigger profits.
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November 21, 2023, 02:15:01 PM
 #60

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
OP, I've seen and read some of the speculation and predictions about Bitcoin, the crypto market as a whole, there are mixed responses right now saying about bear and Bull markets, but in the last discussion the experts said that the current situation is that if you want to trade or invest in the crypto market, the beliefs and activities you want to do are up to you.

Meaning: if you believe the bear market has ended or is still continuing, it depends on yourself, there is a lot of speculation currently that has no certainty, it is all based on several reasons and phenomena that are happening in the world today, such as inflation, war and so on, remember your own beliefs will show your current success in the world of the crypto market.

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