Is Bitcoin Bear Market over?

[khiholangkang]

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.

Trendwise the bear season is almost over and we have bullish catalysts that keep coming, if we look at 2019 in December there was a decline but in fact in the current cycle it is different, many people are saying that we are competing with institutions in terms of bitcoin accumulation before the bullrun arrives, it is a big exclamation point for bitcoin holders in my opinion.

Yes you are right, some want the bearish season not to end and some want the bullish to come quickly, basically people who want their bearish season most likely have not accumulated much bitcoin, but the market tells another story, maybe we will touch the $47k level as the latest catalyst that shows that bitcoin is bullish before its time.

[1714576987]

1714576987

[1714576987]

1714576987

[GigaBit]

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.

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.

Looking at the current market situation, it is easy to guess that the crypto bear market is about to end. But not only the rise in the price of Bitcoin, but the positive results of several other factors are basically working to end the bear market. I think that if the Fed lowers interest rates, it will create a positive environment for cryptocurrencies. Because in 2021 the Fed lowered interest rates and in 2022 they raised interest due to inflation and as a result we saw Bitcoin drop below 70 percent. There is a possibility of ETF approval next year. Besides, the time of Bitcoin halving is approaching. A positive outlook from all these aspects can certainly dispel the bear market.

[JimboToronto]

Bear market?

It's been a bull market for over a year now.

The price has almost tripled since November 2022.

[el kaka22]

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.

I do not think that this year was a bear year to be fair, we didn't had much fall at all this year, we started at the bottom and slowly but gradually got here, so it feels like we were at a good bull year in the end. Think about it, we are over 30k higher than the bottom and that should be doing something that would benefit everyone.

I think I can agree with the idea that after the halving there will be even more increases, we are going to see both bitcoin and alts skyrocket like crazy, and to be fair bitcoin has reached a marketcap where it would be quite hard to do 10x we all know that, reaching 400k+ is hard, and maybe from bottom to top, 15k to 150k could be possible but that's not easy for most people since they already missed their chance to buy at 15k.

So what we should consider right now would be just alts, and alts means that there are some situations where it could be quite easy to reach out to a point where it could get higher price in the future.

[erep]

Yes you are right, some want the bearish season not to end and some want the bullish to come quickly, basically people who want their bearish season most likely have not accumulated much bitcoin, but the market tells another story, maybe we will touch the $47k level as the latest catalyst that shows that bitcoin is bullish before its time.

We cannot predict the market with certainty but market support shows positive movements throughout this month, it looks like there will soon be a bullish market until the halving period, in my opinion the market increase is quite significant, indicating that next year it will reach ATH after several years ago. However, it is also possible that negative things could happen depending on the economic situation and the influence of news that we cannot predict, but there is no prediction of a bear market from the current market impact except only a market correction and it is difficult to predict that the market could fall below #35k in current market conditions.

[khiholangkang]

Yes you are right, some want the bearish season not to end and some want the bullish to come quickly, basically people who want their bearish season most likely have not accumulated much bitcoin, but the market tells another story, maybe we will touch the $47k level as the latest catalyst that shows that bitcoin is bullish before its time.

We cannot predict the market with certainty but market support shows positive movements throughout this month, it looks like there will soon be a bullish market until the halving period, in my opinion the market increase is quite significant, indicating that next year it will reach ATH after several years ago. However, it is also possible that negative things could happen depending on the economic situation and the influence of news that we cannot predict, but there is no prediction of a bear market from the current market impact except only a market correction and it is difficult to predict that the market could fall below #35k in current market conditions.

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

[siniminomorocomunisakito]

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

Judging from the graph, the price will fall because the price is very high, now it is $43,836. Another assumption is that in a few days it will be a holiday, so it is natural that there will be a slight correction later. But let's hope not because the excitement has only just begun. I am also waiting for BTC in the 48K Area

[EarnOnVictor]

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

Judging from the graph, the price will fall because the price is very high, now it is $43,836. Another assumption is that in a few days it will be a holiday, so it is natural that there will be a slight correction later. But let's hope not because the excitement has only just begun. I am also waiting for BTC in the 48K Area

You await Bitcoin to hit $48k, but I await it to hit $50k and $69k which is the ATH very soon. This should happen within the next few months and I can't wait for it. I also like your advice regarding the bearish movements, this is very possible and I've been cautioning people since days back, there is the possibility of Bitcoin to make adjustments downward after many months of buying, of which the buying is very effectual enough to demand for a retracement. However, I believe that Bitcoin can't go below $35k-$40k no matter how it falls again this year and in years to come. This is the main bullish season, it will take the whole advantage of it when it lasts. There was its bearish season too, it ended last year when everyone was sceptical about holding their coins and Bitcoin fell towards $15,000 from the ATH of about $69,000. Now, everyone must rise with the coin as it buys and sells without fear when it falls. But this time, it's all about buying, only that minimal selling can't be disregarded. Hence, the need for us to work with our charts regularly.

[FanEagle]

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.

I think we do not need to consider "small" increases as bear, or neither, we should consider them as bull start as well. I believe that we are in bull period, bear is already over and not only that but we are not in between neither, we are in bull period right now and we should be quite happy about it.

I get that you may not feel that way, but that's just the way it is so far and I think it should be important period without a doubt. I get that it may feel like you are not making a lot now, and I get that some people got in a little late, like if you got in at 43k you haven't seen much, but some people got in at 15k, so they tripled their money, how can you say they are not in bull period, who triples their money in 1-2 years, that's a lot of profit.

[STT]

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.

For sure Bear season was a long time ago however theres a lag effect in peoples perceptions I believe.   Just as we crest a hill at high speed we seem to float for a second, same with a lull and large sell off.  Even though we spent this whole year really being way more positive then the prior year it may not have felt it, the price or numbers were still low after all and with many holders they just see the red.   I see we get overly focused basically, its way harder to be a trader then it looks but right now its obviously become completely clear BTC is quite positive as good as it ever was really.
  Now we have to guess what happens next and its still hard to do.  Our vision is clouded by these gains seen just previously, again we could be wrong to be positive here easily.  Never easy!

[KennyR]

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

Judging from the graph, the price will fall because the price is very high, now it is $43,836. Another assumption is that in a few days it will be a holiday, so it is natural that there will be a slight correction later. But let's hope not because the excitement has only just begun. I am also waiting for BTC in the 48K Area

Almost every year we used to experience good bounce in the market during the last month. This time the same had taken place and bitcoin is at better position. This doesn't look like a very high price, and the altcoins season hadn't started. When that gets started we can expect the growth in better scale as the mutual growth begins, which is the real bullish trend. However the bear trend of the market is over long back itself.

[taufik123]

-snip- 
I see we get overly focused basically, its way harder to be a trader then it looks but right now its obviously become completely clear BTC is quite positive as good as it ever was really.
  Now we have to guess what happens next and its still hard to do.  Our vision is clouded by these gains seen just previously, again we could be wrong to be positive here easily.  Never easy!

Bitcoin fluctuations cannot be fully predicted.
This depends on how Bitcoin trends and is also influenced by fundamentals that sometimes put pressure on Bitcoin.

There are several FUD and News appearing simultaneously, making the price unstable.
But it is clear that Bitcoin going forward is quite positive and clear, because the halving is about to happen.

This encourages new investors and existing investors to start re-entering and securing their positions.
2024-2025 will be quite anticipated years, because there are various kinds of speculations that Bitcoin began to Bull Run and will reach a new ATH,
now is the beginning to reach the highest price of Bitcoin.

Trading does look difficult, but as a good enough option, being a Holder is probably the best option for those who will hold back long term.
Holding only requires patience and determines the price target to be achieved.

[bhadz]

There was a flash crash that happened a few hours ago and that probably had made people think that we're again in the bear market. No, we're probably truly over with the bear market and done with it.

There are several FUD and News appearing simultaneously, making the price unstable.
But it is clear that Bitcoin going forward is quite positive and clear, because the halving is about to happen.

It is expected that there will be several of them when it seems so stable currently. But then, even with those, the market will remain to be stable and hard to remove on the line of being bullish. We're likely on the small points of the bull run already until it crosses the date of halving and we only have to be patient while waiting for the actual confirmation of it.

[kentrolla]

Bitcoin fluctuations cannot be fully predicted.
This depends on how Bitcoin trends and is also influenced by fundamentals that sometimes put pressure on Bitcoin.

There are several FUD and News appearing simultaneously, making the price unstable.
But it is clear that Bitcoin going forward is quite positive and clear, because the halving is about to happen.

This encourages new investors and existing investors to start re-entering and securing their positions.
2024-2025 will be quite anticipated years, because there are various kinds of speculations that Bitcoin began to Bull Run and will reach a new ATH,
now is the beginning to reach the highest price of Bitcoin.

Trading does look difficult, but as a good enough option, being a Holder is probably the best option for those who will hold back long term.
Holding only requires patience and determines the price target to be achieved.

Just a drop of 4% and we have already seen fuds which is nothing new for us and moreover we might see similar fluctuations more often before the halving and more newbies or naive investors selling off which might have very little impact as it might change the market equilibrium between supply and demand. Indeed patience is the most important aspect of we have to survive in crypto world and so many losers end up as losers because of their impatience which let's to buying due to FOMO and selling off due to Fuds.

But honestly this has been the period of the year for Bitcoin and some other altcoins a well and this would definitely pool in more investors and they should understand how crypto works else end up making same mistake of going by emotions.

[Zanab247]

If you have the money to invest in BTC, you can go ahead and invest now because bear market is still on for investors to use the opportunity to buy as much they want and hodl for the season of earning to come before they can release to make some reasonable profits. I think the bear market will soon leave the market and, it will help you to be part of those that will get luck in their investment when the bull run show up in the market and it will take a long period before bear market will occur for investors to buy again.

 I bought some BTC few hours ago when the price fall back to $42k and, i will hodl it till $100k occur next year which is the mind set of many hodlers right now before they will believe that bull market has come to stay.

[khiholangkang]

The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.

Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.

Judging from the graph, the price will fall because the price is very high, now it is $43,836. Another assumption is that in a few days it will be a holiday, so it is natural that there will be a slight correction later. But let's hope not because the excitement has only just begun. I am also waiting for BTC in the 48K Area

Almost every year we used to experience good bounce in the market during the last month. This time the same had taken place and bitcoin is at better position. This doesn't look like a very high price, and the altcoins season hadn't started. When that gets started we can expect the growth in better scale as the mutual growth begins, which is the real bullish trend. However the bear trend of the market is over long back itself.

The current price is not yet the highest, although bitcoin has been rising periodically for almost 3 months without stopping, today bitcoin corrected to $ 41k, if bitcoin fails to retest to support at the $ 40k level, then we have a fairly strong support at Levelv $ 38k.

There is still enough time to collect bitcoin, the bearish trend is indeed over and we are in the growth period of bitcoin adoption, saying the bullish season is also still a question mark because we need a big catalyst to confirm it, but keep in mind that indeed the bearish in my personal opinion is over, maybe after the halving we will experience a fairly deep correction before forming a new ATH.

[fzkto]

There was a flash crash that happened a few hours ago and that probably had made people think that we're again in the bear market. No, we're probably truly over with the bear market and done with it.

There are several FUD and News appearing simultaneously, making the price unstable.
But it is clear that Bitcoin going forward is quite positive and clear, because the halving is about to happen.

It is expected that there will be several of them when it seems so stable currently. But then, even with those, the market will remain to be stable and hard to remove on the line of being bullish. We're likely on the small points of the bull run already until it crosses the date of halving and we only have to be patient while waiting for the actual confirmation of it.

There have been many such drops this year, but bitcoin still has an uptrend. There is no such thing as constant growth and you should buy on such drops. The global bear market is over for bitcoin in early 2023. There will be a halving next year which will make bitcoin continue to rise.

[bhadz]

There was a flash crash that happened a few hours ago and that probably had made people think that we're again in the bear market. No, we're probably truly over with the bear market and done with it.

There have been many such drops this year, but bitcoin still has an uptrend.

Yup, taking a look back for the month of January this year and looking at the current price now. You'll realize that we're just getting started and we're not yet at the top of it. Too much of things happened but still this year ended well, may not be the peak and expectation of many but still a good ending no doubt.

The global bear market is over for bitcoin in early 2023. There will be a halving next year which will make bitcoin continue to rise.

And aside from halving which is the main thing that we have for Bitcoin on 2024, do not forget about the several Bitcoin ETF applications that have been made and likely as they say have high chance of approval.

[Marvelman]

There was a flash crash that happened a few hours ago and that probably had made people think that we're again in the bear market. No, we're probably truly over with the bear market and done with it.

There are several FUD and News appearing simultaneously, making the price unstable.
But it is clear that Bitcoin going forward is quite positive and clear, because the halving is about to happen.

It is expected that there will be several of them when it seems so stable currently. But then, even with those, the market will remain to be stable and hard to remove on the line of being bullish. We're likely on the small points of the bull run already until it crosses the date of halving and we only have to be patient while waiting for the actual confirmation of it.

There have been many such drops this year, but bitcoin still has an uptrend. There is no such thing as constant growth and you should buy on such drops. The global bear market is over for bitcoin in early 2023. There will be a halving next year which will make bitcoin continue to rise.

Can't say the bear's back just 'cause prices dropped some.  Seen it dip plenty this year, but bitcoins still climbing overall.  Way I figure, barring some black swan the global bear market ended for bitcoin a while back in early 2023 or so.

[GeorgeJohn]

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 🤔💭

actually it doesn't work like that, because what determine the increment of bitcoin is the gravitation of the demands and the supply, when the supply is higher than the demands the price of bitcoin get increased but a process whereby the supply is higher than the demands, its obvious that price of bitcoin may absolutely drop unexpectedly,  so bitcoin price reaching thirty thousand to thirty seven thousand [30k-37k] does not mean that it has escape bearish season, the price can fall at any point in time due to the level or the status of the demands in the market