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Author Topic: Has the bear market started?  (Read 287 times)

Offline armanda90

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Re: Has the bear market started?
« Reply #15 on: May 02, 2024, 10:17:16 PM »
I Believe now happening biggest correction for bitcoin, and i think within short time bitcoin price will bounce and Bitcoin price will gradually go for new ATH, which will historical moment for bitcoin and cryptocurrency lovers.

After Bitcoin halving Bitcoin price decreasing thats means it is correction. Near future bitcoin price will come back to his real position. I think future will be bull session and bitcoin price will hit another ATH.
Its not biggest correction for bitcoin because before halving has another bigger correction above 10% but keep solid and bitcoin bounce back most higher price than last lower before correction. I think its not bearish moment with market and after correction always get positive side with bitcoin bounce more higher price than before.
Maybe one or two week later its moment for bitcoin bounce to higher price and need little patience about bearish moment, its normally with bitcoin after success breaking out ATH last month and its our moment to buy back since get bearish or bitcoin has correction.

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Re: Has the bear market started?
« Reply #15 on: May 02, 2024, 10:17:16 PM »

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Offline de_prof

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Re: Has the bear market started?
« Reply #16 on: Today at 04:23:51 AM »
Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?
I Believe now happening biggest correction for bitcoin, and i think within short time bitcoin price will bounce and Bitcoin price will gradually go for new ATH, which will historical moment for bitcoin and cryptocurrency lovers.

After Bitcoin halving Bitcoin price decreasing thats means it is correction. Near future bitcoin price will come back to his real position. I think future will be bull session and bitcoin price will hit another ATH.
I agree with this, the market condition after the bitcoin halving is just a correction, and the price of bitcoin will rise again and touch the latest ATH, so we don't need to panic. This morning the price of bitcoin strengthened again, hopefully it will continue to reach more than $70K again.
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Online Litzki1990

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Re: Has the bear market started?
« Reply #17 on: Today at 04:33:28 AM »
As the market has dumped a lot from its peak price so far we cannot consider this market condition as a bear market. When the bull run started we did not pay much attention to this normal pumping dumping but when we saw more pumping than dumping we considered that period as a bull run. Now if the market is increasing a bit then it is dumping a bit the market is in a certain stage. If the amount of dumping is greater than the market pumping, then we have to assume that the bear market has started again.

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Re: Has the bear market started?
« Reply #18 on: Today at 06:28:57 AM »
As the market has dumped a lot from its peak price so far we cannot consider this market condition as a bear market. When the bull run started we did not pay much attention to this normal pumping dumping but when we saw more pumping than dumping we considered that period as a bull run. Now if the market is increasing a bit then it is dumping a bit the market is in a certain stage. If the amount of dumping is greater than the market pumping, then we have to assume that the bear market has started again.

It is difficult, I follow many traders, some say that it can go down to $52k and that better market conditions could be generated if demand increases much more, but it is difficult, people who have bitcoin do not want to sell it, and that the market can generate this type of thing because by spending more everyone will take the opportunity to buy, and that is like a reflection, those who have money take advantage and buy cheap bitcoin, but of course after having reached $73k and then going down like that, well it is a bargain, also the market has not yet reached 100k, when it does it will be total madness, we have all seen this roller coaster of emotions, I really don't know, but I have no idea what could happen in the market right now, it is very difficult.
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