The shallowest bear market ever?

[GeorgeJohn]

This is matters of assumption. Nobody is saying is over because the price of Bitcoin is not stable...but it's obvious that we are not going to experience the price of Bitcoin falling back to [60k] or [55k], we should be expecting the price to be within [80k] and above..because right now cryptocurrency market downturn is showing a strong indication of recovering fast as bitcoin price increase above [80k] and [85k]..But i can personally conclude that bear market is over for now, because crypto sentiment is in positive....I have seen other comparisons of past experience of bitcoin charts, but it doesn't mean bitcoin will be experiencing and repeating same circles every time.

[Cheema02]

The recent uptrend was pretty surprising, to be honest, because most of us wasn't expecting Bitcoin to first get above $80k, and then it went down a little, but it then crossed $85k, which was the resistance point. Even though it has now come down again from that point and is below $85k, but the resistance is broken, which indicates that the price could break above the $90k barrier after this. So based on the very recent market behaviour, it does seem that we are almost done with the bear market because the market is in an uptrend at the moment.

However, Bitcoin has always surprised us, sometimes with quick uptrends and sometimes with huge crashes from out of nowhere, so who knows? The price may drop significantly after some time before it goes around $100k, but if it crossed $100k without any major changes, then I guess it's done, and from that point onwards, we will only see it recovering slowly and finally reaching a new all-time high.

[EluguHcman]

Have we just had the shallowest bear market ever in the history of bitcoin?
Or are we expecting a huge correction, owing that halving is about 568 days away.

If the bear market is simply over, that means this is the shallowest bear market ever, and  I now understand why it was said that institutional adoption will result to less volatility.

What's your take; is the bear market over?

Coming to think of this, you are really making some good figurative looking at how volatility is gradually going weak with the support zone not being volatiled as usual due to the increase of institution companies adopting the concept of diversifying investments on Bitcoin.

The formal that regulates Bitcoin prices had also been buying and selling pressures and so on price would also be manipulate able when whalers sells their assets in huge numbers.
Whatever be the circumstances, macroeconomic news and social events will also be potential to drive investors emotions and price can be manipulated.

What I am observing in the market currently is a revolving of the 4 years cycle.
The market is likely to adapt to some unusual market movements which the current bear cycle an is an unusual in comparison of previous events and so on.

Volatility is indeed showing some hedges these days with the events of the 4 years becoming ununusual and untraceable in reference to past events where volatility is very high.

[BitMaxz]

Well, for me, based on my weekly time frame analysis, the previous lower high is already broken under $83k, which is for me; consider that the market is changing. I can't say it's bullish, but it could also turn into a long-term consolidation phase since, as you said, institutional investors said this is going to be less volatility; there's a possibility of a consolidation phase before going to bullish. If the price continuously creates a few higher highs and retracements, that's a bullish sign.

For now, it is currently breaking the previous strong resistance; it should be retested soon, and if it fails then that is a retracement level if the previous higher highs break again, which is consider bullish.

[STT]

50% seems enough to me but sure I didn't even think it should be selling this year or be especially negative.   Others said its normal and due to sell or enter a bear market so I guess they were right but to me it fits that we didnt proceed to any great extreme comparatively.

[red4slash]

If we measure in the last price drop (the deepest after ATH) we have already experienced more than a 50 percent drop that time there is even speculation that the bitcoin price will reach below $50k so this is not shallow although when compared to the previous few bearish percentages it may be smaller.

But this is understandable when there are a lot of large institutions in this period that are in bitcoin like ETF or Blackrock although not entirely this leads to "manipulation" but the existence of several large institutions like this will certainly be able to make volatility different.

Now bitcoin is back to strengthening to the price of $80k although it is still not back to ATH but the movement is good enough so we just have to enjoy this journey regardless of whether it will return to decline or actually get stronger we just have to follow the flow and stay with the hodl done.

[jcojci]

I really hope this is the shallowest bear market so we don't have to feels anything bad. But if the situation change and push the price falls down and make another lowest price, we should be prepare and not panic. We already saw the temporary lowest price and experienced that so we should prepare funds to buy back at lowest. Just in case if the market change the direction so we can act based on the current situation. But I guess we need to wait for a while because the market seems want to go a correction because the price down to $84k.

[KingsDen]

I really hope this is the shallowest bear market so we don't have to feels anything bad. But if the situation change and push the price falls down and make another lowest price, we should be prepare and not panic. We already saw the temporary lowest price and experienced that so we should prepare funds to buy back at lowest. Just in case if the market change the direction so we can act based on the current situation. But I guess we need to wait for a while because the market seems want to go a correction because the price down to $84k.

Do you really think that the bitcoin price will really go below the last lowest for this cycle which is $58k?
I know that nothing is impossible in this market, but I feel that the bad news that will drag the price that low is not at sight.

Beside the economy is not too bad, I mean no recession, heated war or global tomoil that will trigger such a disastrous price drop. I am not saying that it's totally impossible, but it's likely not going to happen.

[Miles2006]

I really hope this is the shallowest bear market so we don't have to feels anything bad. But if the situation change and push the price falls down and make another lowest price, we should be prepare and not panic. We already saw the temporary lowest price and experienced that so we should prepare funds to buy back at lowest. Just in case if the market change the direction so we can act based on the current situation. But I guess we need to wait for a while because the market seems want to go a correction because the price down to $84k.

Do you really think that the bitcoin price will really go below the last lowest for this cycle which is $58k?

No, bitcoin price will not go below a certain price range, we all know the lowest price experience since the year started though if we should get below that level then something is wrong with the market but, if bitcoin is experiencing the usual bear price because times like this the market price is never stable to an extend many might get deceive. Recently the market experienced a little spike while sometimes the price drop, not drastically which provides an answer to the question concerning the bear market, the bear market is not over but should we expect the lowest dip surpassing the present record of $58k obviously no.

[fullfitlarry]

I really hope this is the shallowest bear market so we don't have to feels anything bad. But if the situation change and push the price falls down and make another lowest price, we should be prepare and not panic. We already saw the temporary lowest price and experienced that so we should prepare funds to buy back at lowest. Just in case if the market change the direction so we can act based on the current situation. But I guess we need to wait for a while because the market seems want to go a correction because the price down to $84k.

Do you really think that the bitcoin price will really go below the last lowest for this cycle which is $58k?
I know that nothing is impossible in this market, but I feel that the bad news that will drag the price that low is not at sight.

It's very hard to see, as I believed that we should see one leg down before a massive spike. But we will be in October next week so that makes my prediction less as I'm thinking that perhaps this bear market is over.

Beside the economy is not too bad, I mean no recession, heated war or global tomoil that will trigger such a disastrous price drop. I am not saying that it's totally impossible, but it's likely not going to happen.

There could be some economic issues, but it was not as evident as before. And then the war between Russia and Ukraine is still there, but it has no impact to the point that most global leaders are urging Putin to stop the war.

[buwaytress]

I always say, it's only on the recovery after the hurt and I doubt the miners, the holders, whoever it is, have felt the hurt yet.

Then again, if there were a time Bitcoin stopped trends in their tracks, it'd be this cycle already with a pre-halving ATH so maybe there really is no more 20% ATH drawdown. Woe be to us

[BALIK]

I really hope this is the shallowest bear market so we don't have to feels anything bad. But if the situation change and push the price falls down and make another lowest price, we should be prepare and not panic. We already saw the temporary lowest price and experienced that so we should prepare funds to buy back at lowest. Just in case if the market change the direction so we can act based on the current situation. But I guess we need to wait for a while because the market seems want to go a correction because the price down to $84k.

Do you really think that the bitcoin price will really go below the last lowest for this cycle which is $58k?
I know that nothing is impossible in this market, but I feel that the bad news that will drag the price that low is not at sight.

Yeah, with how things are looking now, I'd say the odds of bitcoin crashing hard and printing new low are pretty slim too. But like you said, nothing is impossible in this market.

With a market as volatile as Bitcoin, I think it is better to have a backup plan anyway. If bitcoin keeps climbing, we still benefit. If some sudden crash hits out of nowhere. We have got capital ready to buy the dip.

Beside the economy is not too bad, I mean no recession, heated war or global tomoil that will trigger such a disastrous price drop. I am not saying that it's totally impossible, but it's likely not going to happen.

Just wanna point out that Bitcoin dropped from $126k to $60k earlier this year without any shocking news really being needed as a reason. Sometimes Bitcoin doesn't need some obvious reason to pump or dump. It's just the market.

So better to just be ready for both scenarios.

[cryptoaddictchie]

If the bear market is simply over, that means this is the shallowest bear market ever, and  I now understand why it was said that institutional adoption will result to less volatility.

What's your take; is the bear market over?

Well institutions helps the liquidity thicker so based on graph comparable to previous year then likely its a shallow bear season. Will this be a good indicator to enter now and bags some tokens and coins? Thats still debatable, as the market lately is quite unpredictable.

Bitcoin continue its stable ground for now and some altcoins showing some signs of life like privacy coins and dex tokens started to move upward. Well I do hope this continue so we can potentially have a healthy stroke of bullishness.

[Y3shot]

I don't know what to say with the recent pump on bitcoin price to $86k. This is a signal that the bear market might be over but let's wait till October ending before we can come to conclusions that the bear market is over. Of course, institutional adoption is playing a major role in the bear market because there is a particular price that if bitcoin dip to, investors will rush to buy more which will pump the price back. I believe that's why we have seen the lowest price of bitcoin in this bear market as $57k+ so far.

Bitcoin is unpredictable, but the movement of the price of Bitcoin doesn't seem as if we are done with the bear season. Some months ago, the volatility of Bitcoin seemed to be very slow, but presently it has changed, and high volatility is more common. It is not as slow as it was some months ago; this is why I don't believe we are still in the bear market, but let's give it time to be sure about things. This bear market is quite different from that of previous years, and the reason for this is due to institutional adoption.

[Nathrixxx]

image by bitcoin magazine

Wait!
Have we just had the shallowest bear market ever in the history of bitcoin?
Or are we expecting a huge correction, owing that halving is about 568 days away.

If the bear market is simply over, that means this is the shallowest bear market ever, and  I now understand why it was said that institutional adoption will result to less volatility.

What's your take; is the bear market over?

Institution adoption is not going to take over or render the market less volatile, we can also consider the market seasons as part of the reasons why volatility sometimes may not be as effective as we may expected of it over a given time, bitcoin will always go by the nature of its performance due to the season.

Which is why both the bear season and Bull season has a significant effect upon the market price, making a conclusion of this being the shallowest of the market ever could be that we are truly going to have the last market fall for this bears season from the last one we had an henceforth we are going to be more bullish as some might have speculated.

[Bitcoin_people]

According to the current market situation, if we look at the past Bitcoin price charts, there has been a lot less price decline at present. In Bitcoin, it has been seen many times in the past that the market drops a lot after the highest high and the market spends a lot of time in the recession. But this time we have seen that the market has entered the highest high, although it has fallen a lot in the recession, but it did not last long. The way the market is moving now, we can expect that it may leave the recession market very soon. The market has already gone a lot higher. However, it is not yet possible to say whether it is actually in the low price decline season or not, since we have seen that the market touched $87k this month, in which case the market is very bullish. However, such a performance of Bitcoin really indicates a lot better than in the past, in which case the market may occupy a better position.

[YOSHIE]

What's your take; is the bear market over?

Personally, I am not sure about the current analysis and speculation by crypto experts, but my personal correction and also speculation may be that the bearish market phase for Bitcoin has begun to end or subside. This situation can be strengthened by the rise of the Bitcoin price above the $80k level. For me, this is an area of ​​change in the trend structure for Bitcoin.

As OP mentioned, if you see Bitcoin's price going down this time, it can be speculated that the cycle looks shallow, compared to before, even though it is believed that Bitcoin's bearish market phase is shallow, who knows, the market situation could change in a matter of minutes, so try to buy Bitcoin regularly, pay attention to future institutional adoption trends.

[Lucano]

What's your take; is the bear market over?

Still doubtful, time is still long and there are still many surprises that will happen in the market, but if the price can be maintained above $80,000 until the end of the year, it is very likely that Bitcoin will create a new history in the 4-year cycle, the old history is no longer valid and the new history is open with many mysteries.

[Justbillywitt]

Maybe the shallowest bear market ever. Maybe the mid supercycle correction. Maybe the whole "cycle" thing is obsolete now. Who knows, right?

This is just a mid season price surge, there’s no way the bear season is over just yet. It’s not like this is the first time in a bear season that we are experiencing a price surge. Some people think that the bear season is always about the market price going down through out the season. There are still days and weeks during the bear season that the market will be bullish. That is exactly what is happening now, so I don’t think the cycle thing is becoming obsolete.

The price contraction was severe enough anyway and we're definitely not going lower. Maybe not fully out of the woods yet but there's no significant downside risk anymore, imho.

Don’t be too excited friend, everything is very possible we are in the bear season, and price can go down anytime. Bitcoin still has the same risks that are associated with it, even if the price gets to $100k and above. Your thought that there are no significant downside risks anymore is laughable.

[Franctoshi]

image by bitcoin magazine

Wait!
Have we just had the shallowest bear market ever in the history of bitcoin?
Or are we expecting a huge correction, owing that halving is about 568 days away.

If the bear market is simply over, that means this is the shallowest bear market ever, and  I now understand why it was said that institutional adoption will result to less volatility.

What's your take; is the bear market over?

From my perspective, the bear market is officially over since technically Bitcoin strongly held its support level at $57k-$60k, which is around the previous ATH; that's a strong indication that we're no longer going down further at this point, coupled with the fact that we're approaching 2027, when Bitcoin usually does recover and begins to find its way back up, regardless of where the price is. I'm having a strong belief that the bear market is officially over and we're in the recovery phase right now, especially after we finally smashed the $82.7k critical point of resistance.