Is Bitcoin Bear Market over?

[KingsDen]

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.

Another reason I became confident that the bear market is over is because of the Binance and CZ drama that just happened. 
Well,  assuming CZ's resignation happened during the bear market, the BNB and Bitcoin price would have dropped significantly upto 20%. But as the news broke out, it didn't even affect the market upto 24hrs and everything became alright again. That is a very good indication that the bear market is over.

[Aanuoluwatofunmi]

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.

Another reason I became confident that the bear market is over is because of the Binance and CZ drama that just happened. 
Well,  assuming CZ's resignation happened during the bear market, the BNB and Bitcoin price would have dropped significantly upto 20%. But as the news broke out, it didn't even affect the market upto 24hrs and everything became alright again. That is a very good indication that the bear market is over.

You're right, sometimes not every kind of breaking news affect the market price, some would have thought about many things regarding this, but yet nothing changed than things were going as normal as being expected, i don't think the value of BNB would also be affected by any means, because what i first thought when I heard about the news was that the exchange will be affected with government regulations and this can cause any form of stoppage in any of their operations or services, but i discovered i was wrong also, this remaining days for 2023 is more for bullish.

[fzkto]

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.

Another reason I became confident that the bear market is over is because of the Binance and CZ drama that just happened. 
Well,  assuming CZ's resignation happened during the bear market, the BNB and Bitcoin price would have dropped significantly upto 20%. But as the news broke out, it didn't even affect the market upto 24hrs and everything became alright again. That is a very good indication that the bear market is over.

It could be that cz stepped down as Binance CEO because Binance has real problems worldwide. We don't know the real reasons why this happened. But if something happens to the exchange in the near future, the market will easily become bearish.

[Kelvinid]

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.

Another reason I became confident that the bear market is over is because of the Binance and CZ drama that just happened. 
Well,  assuming CZ's resignation happened during the bear market, the BNB and Bitcoin price would have dropped significantly upto 20%. But as the news broke out, it didn't even affect the market upto 24hrs and everything became alright again. That is a very good indication that the bear market is over.

You're right, sometimes not every kind of breaking news affect the market price, some would have thought about many things regarding this, but yet nothing changed than things were going as normal as being expected, i don't think the value of BNB would also be affected by any means, because what i first thought when I heard about the news was that the exchange will be affected with government regulations and this can cause any form of stoppage in any of their operations or services, but i discovered i was wrong also, this remaining days for 2023 is more for bullish.

BNB doesn't get a huge impact but the exchange itself, however, the confidence of the holders will then weaken unlike on the days when there is no issue with them. But this won't matter a lot in the entire market which is why the news never gives any changes to the trend of other projects/coins like Bitcoin and ETH. By now, we are moving forward, the market still looking good despite the news and it was good to see that people had learned already. The market looks bullish by now but not totally bullish at least it shows some indications which could make us more optimistic about it.

[huu78]

in my opinion bitcoin will still fall again, and is currently sideways and retesting whether it can survive and rise or not, but news also affects the price of bitcoin so you have to pay attention to that too.
right now some bad news is circulating, the market is trying to hold on, but there will definitely be a dip after last october's rise, at least the market will dump a little before going higher.

[Dave1]

in my opinion bitcoin will still fall again, and is currently sideways and retesting whether it can survive and rise or not, but news also affects the price of bitcoin so you have to pay attention to that too.
right now some bad news is circulating, the market is trying to hold on, but there will definitely be a dip after last october's rise, at least the market will dump a little before going higher.

At least we have move past the price wherein we have tested or moving sideways for a long time, $26k-$28k. And with that it's a good indication that now we are trading at around $37k as it's a huge jump already.

And I'm not seeing another fall though, it's very volatile yes, but as you have said, it's holding way above $37k and most likely even if we end at this month, we should be happy and positive about it. And maybe in December $40k will be there for us to take before the end of the year and then prepared us for the next block halving and what follows could be one of the biggest bull run again in it's young history.

[cryptoknightt]

still not but we are not seeing very high declines anymore. now the market is stable and trying to break 40k.
if bitcoin can penetrate 40k maybe we can see 50k by the end of this year although my prediction is that bitcoin will not reach 50k this year.

[JoyMarsha]

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, if I may ask, what's your defined price of bitcoin, regarding it to be a bearish market price? For me, I can call a Bitcoin to be bearish if it fluctuates below the $20k price. I don't know about you, but which price you would prefer to call Bitcoin to be at a bear market

A below-price of $20k happened earlier this year, since then till now, Bitcoin hasn't gone down in price to that amount. It has been increased to $38k, which has caused the price of bitcoin to be higher than my stated bitcoin bearish market price.

[Webetcoins]

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.

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

[danadc]

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.

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

I don't see a bearish market, the bearish market is something they make any movement but then it falls and falls more in price, I have not seen it fall, it has only made corrections that are very normal in a market, and bitcoin has many warnings that it is going rise, it is doing it in a very moderate way, it may be that it is making movements little by little , but the large institutions are buying and buying, they do not want to sell because it is known that a very big movement is coming for bitcoin and that may be that go up more in price, I don't see any other option, any article is suggesting it, it is not entirely reliable, but it is a good option to make.

You have to buy all the bitcoin you can, the more satoshis you can generate, buying is better because that will be better than gold, it may be that when it goes up it will do so at a fairly high ATH and that is what can be seen and It can almost be felt , it may be that people don't see it anymore, but when bitcoin goes up, everyone is going to buy.

[Hamphser]

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.

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

I don't see a bearish market, the bearish market is something they make any movement but then it falls and falls more in price, I have not seen it fall, it has only made corrections that are very normal in a market, and bitcoin has many warnings that it is going rise, it is doing it in a very moderate way, it may be that it is making movements little by little , but the large institutions are buying and buying, they do not want to sell because it is known that a very big movement is coming for bitcoin and that may be that go up more in price, I don't see any other option, any article is suggesting it, it is not entirely reliable, but it is a good option to make.

You have to buy all the bitcoin you can, the more satoshis you can generate, buying is better because that will be better than gold, it may be that when it goes up it will do so at a fairly high ATH and that is what can be seen and It can almost be felt , it may be that people don't see it anymore, but when bitcoin goes up, everyone is going to buy.

Corrections and consolidations are normal but we cant really deny that we are really gradually seeing increase in price on which we can really tell that we are gradually making recovery wayback from those
previous all time highs on which we could really say that it is really that something good to see on where recovery is really that happening. We cant really tell that bear is over though yet news could
popout like just magic and then it would start on crashing the market once again as if there's nothing happened. This is why if you are someone whose really that dealing with this market for a while
then it is really that impossible that you cant really be able to determine in regarding about differences in price. Market is bearish? I could say that we are gradually trying out to get out of that
condition and it seems that the market is really that trying to recover. I do still wait for that huge final dump before we do take off.

[Silberman]

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

Even someone that does not know much about the market should realize that the bear market has been over for quite some time already, and what we are seeing are the first signs that the bull market is coming, the signs are still weak as we are still far away from the previous ATH, but they are there, and once the halving takes place and the market feels the drop on the coins obtained by the miners, that is when we will begin to see a slightly faster growth on the price of bitcoin.

[bestcoins1]

in my opinion bitcoin will still fall again, and is currently sideways and retesting whether it can survive and rise or not, but news also affects the price of bitcoin so you have to pay attention to that too.

And today the increase towards $40K has also occurred again in Bitcoin which may also be influenced by good news so that it has a good impact in encouraging more buyers this December. I also thought that a price decline could still occur this December, but this is still not certain to happen because if you look at the durability of the Bitcoin price, it still tends to be sideways. It doesn't look like there will be too much of a price drop if it occurs this month because there may be other factors that could prevent this from happening with Bitcoin.

right now some bad news is circulating, the market is trying to hold on, but there will definitely be a dip after last october's rise, at least the market will dump a little before going higher.

What bad news have you read so far? I also want to know about the bad news because now certain media parties deliberately publish bad news and news that can arouse many people's curiosity in order to go viral on the internet. So don't believe too much in one piece of news if you haven't researched it in several other places because now there are many media parties who make money through news by attracting as many visitors as they can.

[Fakhrulenclix]

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

Even someone that does not know much about the market should realize that the bear market has been over for quite some time already, and what we are seeing are the first signs that the bull market is coming, the signs are still weak as we are still far away from the previous ATH, but they are there, and once the halving takes place and the market feels the drop on the coins obtained by the miners, that is when we will begin to see a slightly faster growth on the price of bitcoin.

And to reach ATH we just need to wait for time, if you look at the current Bitcoin price movements there is no need to doubt the strong support and Bitcoin price movements which throughout this year have continued to be in a positive trend with little correction occurring, this It's really beyond what many people expected and I'm sure many are excited to wait for the next Bitcoin halving and see much better prices.
I think so too, the bear market is over.

[Minecache]

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

Even someone that does not know much about the market should realize that the bear market has been over for quite some time already, and what we are seeing are the first signs that the bull market is coming, the signs are still weak as we are still far away from the previous ATH, but they are there, and once the halving takes place and the market feels the drop on the coins obtained by the miners, that is when we will begin to see a slightly faster growth on the price of bitcoin.

To be more precise, we are in the pre-bull phase and the bear season is truly over. I don't think bitcoin will continue to vertically increase from $38k to $45k and make new ATHs, we will have corrections but there will never be massive dumps that cause bitcoin to fall down below $25K as many were expecting.

What's more interesting is that there are still a lot of people who don't believe that the bear season is over, even some of my friends are still waiting and have faith that bitcoin will still drop to 20k USD again. It can be said that the market always has two opposing sides and we have to wait and see who will be right  .

[el kaka22]

Seems like it's over to be fair, I am not saying that it's over with concrete guarantee but I think what we call bear market is going down, and right now we are quite high, which means that the most likely outcome we have right now is start of bull run. I think from here on out we are going to be fine and the price will keep on going higher and higher. I get that it may not be all that simple and we may end up with some troubles along the way, but just because it may go down 3-5% along the way doesn't change the fact that on the long run it will double and even more.

If you go from 40k to 50k to 45k to 55k, that means there was a drop on the way but that doesn't mean that we could call that drop bear market, we need to realize that it is not like that and we can't really make it change all that much, we just need to accept that it's something else and we are going to end up with a situation that should be quite decent in the end and have a proper return if we keep holding.

[Obim34]

Considering how the market is moving we can firmly agree that the bear market is over and what we expect is the bullish part of the market. We should also have it in mind that just concluding that the bear is out does not mean the price of Bitcoin won't go down a little, the market is not going to be all green, we should expect a red candle and a longer green candle both work together.

What's more interesting is that there are still a lot of people who don't believe that the bear season is over, even some of my friends are still waiting and have faith that bitcoin will still drop to 20k USD again. It can be said that the market always has two opposing sides and we have to wait and see who will be right  .

I keep wondering how most people take their own decisions like damn how they make their own analysis, like earlier the price was around $20k why didn't they buy then, seems they were waiting for the price to drop to $10k and it did not favor them. They keep missing opportunities and if they should miss this not sure if they get another chance to buy lower than this. You better advice them before it us too late

[cryptomaniac_xxx]

Seems like it's over to be fair, I am not saying that it's over with concrete guarantee but I think what we call bear market is going down, and right now we are quite high, which means that the most likely outcome we have right now is start of bull run. I think from here on out we are going to be fine and the price will keep on going higher and higher. I get that it may not be all that simple and we may end up with some troubles along the way, but just because it may go down 3-5% along the way doesn't change the fact that on the long run it will double and even more.

If you go from 40k to 50k to 45k to 55k, that means there was a drop on the way but that doesn't mean that we could call that drop bear market, we need to realize that it is not like that and we can't really make it change all that much, we just need to accept that it's something else and we are going to end up with a situation that should be quite decent in the end and have a proper return if we keep holding.

Yeah, seems to be that way, although technically this is still in the bear year, but we can't help but to think that this is really the start of the bull run, even prior to the block halving for next year. We know that it should be the catalyst, but with the way the market is gravitating towards $45k and higher at the end of the year, and if it does reach $50k then officially we are out of the bear hands for good and the herds have started to run already.

Also we have a lot of positive news and that's why the market is very bullish at this point. Obviously, it's all about the Bitcoin ETF approval looming in the background. And if we really get the approval then it's really hard to see where the price will be next year or what's the biggest jump that we will see in the future as other all time high.

[naikturun]

no one knows friends, everyone can only speculate, some may want this bear to continue but other people don't want it, that's why we see why the market continues to rise, that's what speculation is all about.

[dunfida]

What should one consider a property of the bear market and what will be a sign of a bull market? Because the market has already recovered from the bottom and we have recently seen it gaining traction and moving from around $26k to $37k where it is right now which should be at least an indication that the bear market is gone and we are just in the recovery phase right now hopefully until the halving event and then the bull market will begin picking pace moving towards setting a new all-time high possibly around $100k or more.

So, we can't say that the bear market isn't over because we are not moving down anymore, and a bear market means that the market keeps dropping value and stays at the bottom but downside movements have long stopped and we have recovered from $16k to $37k so far which is the proof that bear market is gone for this cycle.

Even someone that does not know much about the market should realize that the bear market has been over for quite some time already, and what we are seeing are the first signs that the bull market is coming, the signs are still weak as we are still far away from the previous ATH, but they are there, and once the halving takes place and the market feels the drop on the coins obtained by the miners, that is when we will begin to see a slightly faster growth on the price of bitcoin.

To be more precise, we are in the pre-bull phase and the bear season is truly over. I don't think bitcoin will continue to vertically increase from $38k to $45k and make new ATHs, we will have corrections but there will never be massive dumps that cause bitcoin to fall down below $25K as many were expecting.

What's more interesting is that there are still a lot of people who don't believe that the bear season is over, even some of my friends are still waiting and have faith that bitcoin will still drop to 20k USD again. It can be said that the market always has two opposing sides and we have to wait and see who will be right  .

Everything on the movement that we do have before the halving event, then i considered to be that still on bearish. 
We should really be that wary that before the bull run kicks in then this market would really be experiencing that last dip before the bull run happens. We dont know though if it would happen on this cycle or not
but to assume that the past would always rhyme on what on the future do brings then we could assume that it might happen again this time after the halving event.
Bear market over? We can assume its yes because we are past beyond on half of its all time high price and we are slowly approach on it gradually on which it would really be just that normal that you will be telling
that we are really indeed recovering.

If you do able to make yourself that buy into the lower price then you are making profits now even on just simply holding but if you are someone who do really love to
to play with those moving prices then you could always opt to make short trades on which it is really just that giving that kind of advantage but of course it would be more risky.