Bitcoin and crypto bear market confirmed?

[ScamViruS]

The Bitcoin market is currently in a state where political and economic conditions around the world are affecting the Bitcoin price. A Bitcoin bear market is always an opportunity to accumulate more Bitcoin. I don't know how you analyze the market, but I think you should avoid being overconfident and shorting in a bear market, because the market can reversal at any time and that will lead to bad results for you. Therefore, the bear market should be considered as preparation for the next bull market because the bear market provides investors with an opportunity to further increase their spot positions.

[BitMaxz]

One thing to note about this current bear market is that it is very orderly unlike what it used to be back then in 2022, and this suggests that the market is more matured even though it still looks boring from a traders standpoint.

I would like to think that this is a slow bleed stage, which should take longer to heal, probably when the price hits $50k margin. Any bounce right now is technically just a bull trap and it shouldn't be hard to tell, that's why the best option right now if you are tired of selling or trading short, is to HODL and accumulate more BTC until we are in the clear.

Well, DCA is always a good strategy while the market is in a bearish state. The benefits of holding it after 1 or 2 cycles are that you should be able to achieve more than 80% or more profits; the longer you hold it, the higher the chances of gaining an awesome profit is huge.

For now, we don't know if the $60k level is the bottom, but currently, based on the price action, it looks like it's in a consolidation phase while other altcoins are pumping too high, like Doge, which just pumped recently and reached 15% today. I don't see anything yet that influences altcoins to pump too high while BTC isn't.
Do you think altcoin season started?

[Bitcoin_people]

Currently we have seen the market go down enough and we think that there has been a lot of decline at the moment. However, many still predict that the market is likely to continue to fall further if the market goes into the next recession, it will fall further. I think the last support Bitcoin price may fall within $50k, so we have to be prepared rather than disappointed and have to be patient. And when the market continues to fall, using DCA is the best strategy. If you have money, it will be the best way to invest.

[jcojci]

If you tired, you needs to take a break and leaving the market for some months.

Even if bear markets confirmed, you can still accumulating and not just trading. I expecting reverse but I don't know when it comes. Instead just expecting, we can use this time to accumulating more, doing other things while waiting, or others so that will gives you time to prepare for the bull run.

[Issa56]

The Bitcoin market is currently in a state where political and economic conditions around the world are affecting the Bitcoin price. A Bitcoin bear market is always an opportunity to accumulate more Bitcoin. I don't know how you analyze the market, but I think you should avoid being overconfident and shorting in a bear market, because the market can reversal at any time and that will lead to bad results for you. Therefore, the bear market should be considered as preparation for the next bull market because the bear market provides investors with an opportunity to further increase their spot positions.

That is one thing about bitcoin it is very vulnerable it is easily affected by a lot of factors but as investors every condition should be an opportunity for everyone to make use and the bear market did not start today so by now a lot of people are suppose to be use to what ever is playing out now and that is why when you are investing you don't believe everything you see because the market can change in no time and the greens you are seen can change to red and know people that know what to do to do when markets are like this they are already making plans to buy more because that is the only way you can boost your holding when market is in bear.

And the preparation for the next bull we might not know when it will happen, but when it happen a lot of people won't expect it, and when they are supposed to be taking advantage of everything they are scared of their money dropping, and what I see is that they don't have a investors kind of mindset they would have been doing everything possible just to buy and keep till the price of bitcoin will increase and that is how real investors behave.

[armanda90]

The market moment right now go down and if you have much saving fund is time to buy back and accumulate as much as possible, I don't think the bitcoin trader will tired seeing how current bitcoin price still not stable and easily get crash suddenly. You know current political condition and many aspect from global economic decision make bitcoin not stable yet for awhile but its most expected moment waiting for by investor to accumulate bitcoin when price still dump.
Learn more when bitcoin more hype after raising higher price many people buying bitcoin and keep push their self to invest although bitcoin have raised higher, in my way right now is timing to accumulate bitcoin and take profit later around several month or at the end this year if bitcoin break out to higher price.

[LogitechMouse]

I am seriously tired of looking to charts like this, I am not new trader I have been here for couple years been trough some bear markets but I am just tired, I know I can make money shorting this, but that is also tiresome because I know I hold some BTC on spot.

What is your take on this guys, are you expecting reverse and why?
---

A reverse? I don't expect a reverse, but I expect a relief bounce just like what happened a few weeks after the big drop happened.

We saw Bitcoin went to as high as $98,000 before it got rejected, and after that, it went downwards to where it is right now. It really is frustrating to see your portfolio going down, and your profits disappearing because the market is continuously going down, but as of this moment, as long as you're in profit then your fine already. Now the question is that "Are you still in profit even you sell it right now?" because if not then it really is tiresome.

Anyway, you said that you're a trader so I assume that you make money from it already. Why not just hold your Bitcoins that are on spot, while trading and make money? I mean there's nothing wrong with it, right? You're making money on trading, and at the same time, you're still holding some Bitcoins for you to sell it on the next bull run cycle... probably on 2029. I don't expect for a reverse in the upcoming future, but I expect for the market to have a relief bounce before it goes down yet again.

[0xredhot]

Yeah thats what I do holding a spot and also trading some perps positions on Bitcoin on perpmate.

[barbara44]

Currently we have seen the market go down enough and we think that there has been a lot of decline at the moment. However, many still predict that the market is likely to continue to fall further if the market goes into the next recession, it will fall further. I think the last support Bitcoin price may fall within $50k, so we have to be prepared rather than disappointed and have to be patient. And when the market continues to fall, using DCA is the best strategy. If you have money, it will be the best way to invest.

That is if we carry the last year's dip but this year should be different, no wonder why some still thinks that the dip can continue. That is for the normal dip alone but a recession and other negative economic events can also cause for the market to crash. Imagine if they come together? Then the impact must be huge too. Being prepared and disappointed, sounds not the same.

But for one to not be disappointed, they should lessen their expectations. DCA is an act of continuous buying, doesn't matter if what is the market conditions are but the ones that is excited for buying at a dip, may not be using a DCA method. If there is a best buying strategy, I think that is still buying at the dip.

[terrific]

Most of the traders that are trying to squeeze profits on these times are the ones that are losing.
So, if you're going to short on this moment. No one is there to stop you and you're free to take advantage while you can.
Being tired looking at the charts makes you understand that it certainly is. Now, what you can do?
Accumulate, DCA and HODL.

[Big Dirams]

Most of the traders that are trying to squeeze profits on these times are the ones that are losing.
So, if you're going to short on this moment. No one is there to stop you and you're free to take advantage while you can.
Being tired looking at the charts makes you understand that it certainly is. Now, what you can do?
Accumulate, DCA and HODL.

Some traders might be trying to take advantage of the market right now and trying to look for a way to make profits but many might be losing but there are some that are making good profits from this same market that we are facing dips and bearish. 
 Some traders might be using the scalping method to make quick profits with the recent market volatility but it risky though but I would likely say that what you said is the right thing to do. DCA method and accumulating at this lows will be smart decision to take right now.

[terrific]

Most of the traders that are trying to squeeze profits on these times are the ones that are losing.
So, if you're going to short on this moment. No one is there to stop you and you're free to take advantage while you can.
Being tired looking at the charts makes you understand that it certainly is. Now, what you can do?
Accumulate, DCA and HODL.

Some traders might be trying to take advantage of the market right now and trying to look for a way to make profits but many might be losing but there are some that are making good profits from this same market that we are facing dips and bearish. 
 Some traders might be using the scalping method to make quick profits with the recent market volatility but it risky though but I would likely say that what you said is the right thing to do. DCA method and accumulating at this lows will be smart decision to take right now.

Yes, there's no doubt that there are traders taking the advantage of the market now. They might make some money out of it.
But, it's possible that the majority of them are losing money because of how volatile the market is right now.
We can't tell of how many of them will become successful in riding this season's volatility.
As the bear might have been confirmed already, it is the right time for everyone to start their own accumulation plans.

[dwyane36]

Most of the traders that are trying to squeeze profits on these times are the ones that are losing.
So, if you're going to short on this moment. No one is there to stop you and you're free to take advantage while you can.
Being tired looking at the charts makes you understand that it certainly is. Now, what you can do?
Accumulate, DCA and HODL.

Given that there is still uncertainty in the market, the fear and greed index is very low, and manipulators are driving the BTC price back and forth, thereby liquidating both bullish and bearish positions, I think it is better to watch the market from the sidelines for now and wait for the right moment to enter.
It's evident that the bottom has not yet been reached, but personally, I don't like to short when the market is in such a state.

[terrific]

Most of the traders that are trying to squeeze profits on these times are the ones that are losing.
So, if you're going to short on this moment. No one is there to stop you and you're free to take advantage while you can.
Being tired looking at the charts makes you understand that it certainly is. Now, what you can do?
Accumulate, DCA and HODL.

Given that there is still uncertainty in the market, the fear and greed index is very low, and manipulators are driving the BTC price back and forth, thereby liquidating both bullish and bearish positions, I think it is better to watch the market from the sidelines for now and wait for the right moment to enter.
It's evident that the bottom has not yet been reached, but personally, I don't like to short when the market is in such a state.

I agree, it's best to observe right now and see where the volatility will bring us from here now on.
I also don't want to see more shorts and dumps coming but that's very likely that we haven't seen the bottom yet.
If there are shorts who are trading right now, good luck with your positions. I am avoiding any decision right now and just wanting for more confirmation.
That's the best thing to be seen right now for me to avoid being liquidated or losing that spot position.