Has the bear market started?

[armanda90]

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.

[de_prof]

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.

[Litzki1990]

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.

[LUCKMCFLY]

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.

[Primo1760]

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?

The Bitcoin market settled between $65,000 and $56,000 but has re-established itself at $60,000. The current market is full of volatility and in this volatility there is no clear understanding whether Bitcoin is heading for a bear market or a bull run. But I think by 2024 the market will gradually pick up and make a good position. If anyone is worried about investing then I would say don't worry too much and hold the market will definitely grow and reach all time highs by 2024. Those who have not invested can invest because they may not get such opportunity to invest later. Now I think is the perfect time to invest in Bitcoin.

[0t3p0t]

For me yes it already has begun as we can see it goes up to more or less $73k few months ago and now it's going down to $59k right now so maybe we might expect more dips in the coming days or months so we can I think start to fill in our bags right now or we will miss the next bull run. 😅

[Gladitorcomeback]

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'm not an expert when it comes to making predictions or providing answers about the market, but as far as I understand this market, this isn't more than a correction, we could say it's a healthy correction because we have seen it drop a bit significantly in just a few days and we don't normally see that happen when there is a correction, but as we know, there are usually healthy corrections before the bull run starts showing its effects.

Even if it drops to $50k, we should still not be worried because the market tends to recover some months after the halving event and it hasn't even been two weeks since the halving event occurred. So, we need to be a bit patient and wait to see what happens in a few months from now.

[jeraldskie11]

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?

If you look at the lower time frame, you can see the price is declining and when you keep looking at this time frame you might believe that the bullish trend was already finished. But if we look at the higher time frame, we can see the bigger picture or we can see the real trend of the market. If we look at the weekly time frame, we can say that the trend was still bullish. The bearish trend we see in the lower time frame is just a retracement in the higher time frame.

[DabsPoorVersion]

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?

It's too early to say that we are heading to a bear market already. The halving has just finished, though, I'm not saying that we can see Bitcoin price rally again sooner. But we can't avoid this kind of scenario where the market will show what we call a healthy correction. Not because there's an expected bull run, we will never see any dump in price. It will still happen, some experts even says that to achieve a higher height, such correction is required.

[Dr.Bitcoin_Strange]

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?

It's too early to say that we are heading to a bear market already. The halving has just finished, though, I'm not saying that we can see Bitcoin price rally again sooner. But we can't avoid this kind of scenario where the market will show what we call a healthy correction. Not because there's an expected bull run, we will never see any dump in price. It will still happen, some experts even says that to achieve a higher height, such correction is required.

Yeah it could actually be quite early to declare the market to be bearish, especially after considering the just concluded halving.
I believe the market is in a recuperation period, and this is usually the time where all the necessary corrections are made in the market in order for the market to consolidate and come back with a stronger foundation for future growth. This is actually in alignment with the perspective that the market needs to actually reset before it can continue in an upward trend...

[kulkhan]

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.

Yes you told absolutely correct i think,  after reaching ATH we saw again big dump. I think thats happening. I also think it is best time for buy bitcoin and another currency. And i agree with you i also believe within 2 or 3 weeks Bitcoin price will up there has no doubt.

[vegasus]

Not yet, mate.
This is just a matter of market correction. Yes, although if you feel like yesterday the correction was really deep. but what is certain is how we face the market situation, whatever it is, more wisely and calmly. Because, panicking will actually endanger ourselves and also our investment in crypto. This is not a proverb just about winning and losing. but this is an investment of our money. So if we panic even more, it will be bad for us.

Oh yes, regarding the bearish era, I think this is not the time yet, we are just starting again, after the halving, the market will surely be like this, only the difference is that the market has fallen more drastically. But that's only temporary, as will happen next, the market will continue like this.

And I'm sure that bullrun will still happen. At least we have to be more patient until the end of this year. I really hope that the market will really get better. This is not the time to be bearish, just preparation for a bull run.

[debra]

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?

Why it is the beginning of bear market? Halving is one of the factor to trigger the price increasing high in the beginning of bullish season. As the halving just happened few weeks ago, it mustn't the start of bearish season, it is the start of bullish season. We must know that the highest BTC price will happen in the next few months after the halving. So, just be patient if the price drops now. It has increased again gradually now.

[akeemqaz]

I don't believe the bull market has fully commenced yet. While back-to-back bear markets are rare, I'm not ruling that possibility out. I think we have still to witness Bitcoin's full potential upside in this cycle. For my part, I used this recent market dip as an opportunity to dollar-cost average into my positions and set up Bitget's smart portfolio to automatically acquire more BTC as certain altcoins pump against it. My strategy is based on the expectation that Bitcoin's best performance is yet to come.

[KingsDen]

I don't believe the bull market has fully commenced yet. While back-to-back bear markets are rare, I'm not ruling that possibility out. I think we have still to witness Bitcoin's full potential upside in this cycle. For my part, I used this recent market dip as an opportunity to dollar-cost average into my positions and set up Bitget's smart portfolio to automatically acquire more BTC as certain altcoins pump against it. My strategy is based on the expectation that Bitcoin's best performance is yet to come.

There is so much controversy in the market this period more than my 3 years in this industry. I think the confusion is as a result of reaching an ATH before halving. This is something that not happened before. Now, people are not confident if it is a bull market or a bear market. I know the market has never been devoid of confusion but this time, it's looking more obvious...