Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Power420 on May 01, 2024, 12:26:50 PM

Title: Has the bear market started?
Post by: Power420 on May 01, 2024, 12:26:50 PM
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?
Title: Re: Has the bear market started?
Post by: TomPluz on May 01, 2024, 12:59:55 PM
Do you think we are headed for a bitcoin bull market or a bear market?

Right now, BTC is at $57K and I would say that this is a dramatic fall as it was more than $60K some days ago. I am in fact quite surprised by this weakening stance of Bitcoin and I am sure that we can expect some further deterioration of its price as the market sentiment is now enveloped by a big bearish mood. Now, can we say that we are already in the bearish market? I would not speculate on that but judging by the coin's performance for the past many days, I think we are witnessing the return of the bear though it does not mean that the bull is already out as there can also be a big chance that the market will be reversing in a moment. The weakening of Bitcoin is happening partly due to the continuing outflows in ETFs so unless there can be a new direction in the market, most probably we can see BTC going backward as low as $40K...and that is something I dread and should not happen.

Title: Re: Has the bear market started?
Post by: tranthidung on May 01, 2024, 03:39:58 PM
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 is a healthy correction after many months of bullish, 7 months as you can see in the table [1]

[1] https://cryptorank.io/price/bitcoin

NUPL indicator shows that we are good to cool down as expected. I believe if Bitcoin stays around $50,000 to $60,000 for some months, it will be better for accumulation and will help Bitcoin to rise stronger next several months. [2]

[2] https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/
Title: Re: Has the bear market started?
Post by: Gurujebs on May 01, 2024, 05:31:31 PM
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 bull run but I know for a certain that bull run doesn't happen the same year the halving occurs. So we can assume now that the $56k we are seeing right now is a market correction and this one is a healthy one because it's happening gradually and not crashing like it used to do in the previous crash, so we should anticipate for bull run later and he got the best for the market.
Title: Re: Has the bear market started?
Post by: dekafee79 on May 01, 2024, 05:33:45 PM
Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?
It looks like we will see a bearish season in the next few months, and after that we will see a bullish season. This is just an analysis and prediction, it could be that the bullish season ends before the Bitcoin halving. And be prepared that if this is true, many people will be disappointed.
Title: Re: Has the bear market started?
Post by: Jamal Aezaz on May 01, 2024, 07:11:35 PM
That was just a temporary dip and now the market is better in worth as compared to previous worth because it is now 60k$ which means that it has again entered into the range of 60k$ which will soon go higher. People should use that lower value for buying more Bitcoin but people often get scared by examining that the value is getting lower.

Most of the people will regret that they have not sold their assets when the price was 73k$ but I don't think that bull season is over so wait until your desired worth attains because one day price will surely go higher than your buying worth. If bull season ends then we will not see the 60k$ of price again therefore don't lose hope as everything will become better.
Title: Re: Has the bear market started?
Post by: MrSpasybo on May 01, 2024, 11:51:26 PM
That was just a temporary dip and now the market is better in worth as compared to previous worth because it is now 60k$ which means that it has again entered into the range of 60k$ which will soon go higher. People should use that lower value for buying more Bitcoin but people often get scared by examining that the value is getting lower.

Most of the people will regret that they have not sold their assets when the price was 73k$ but I don't think that bull season is over so wait until your desired worth attains because one day price will surely go higher than your buying worth. If bull season ends then we will not see the 60k$ of price again therefore don't lose hope as everything will become better.
Yeah, I agree with you. Compared to the bottom of the crypto winter ~$15.5K, we are currently in the $57K zone, meaning that the BTC price has made a remarkable recovery. The drop from $73K to $57K is around -22%, a normal and necessary correction for the crypto market to re-accumulate and continue to grow in the future.

The halving has just taken place and we are only in the early stages of a new cycle, a new bullrun. Don't be too afraid, use a larger time frame, such as the weekly chart, to see that the crypto winter has been left behind and we are on our way to a bullrun with a target BTC price of over $100K. The correction will be a perfect opportunity for us to continue accumulating more tokens. I myself am still DCA BTC + ALTS and believe that BTC can reach $150K-170K in 2025.
Title: Re: Has the bear market started?
Post by: LogitechMouse on May 02, 2024, 04:01:16 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?
An almost $10,000 decrease in the price of Bitcoin in only 2 days is kind of common I would say. It happens most of the time though I didn't expect for Bitcoin to go this down TBH.

Having said all of that, I don't think that we are entering the bear market anytime soon. Just basing on history, a bull market usually starts a few months after the halving event, so there's a chance that it might happen again. Of course, I might be wrong as well and we might see the opposite of it. After all, we've seen the price of Bitcoin surpassing its previous ATH even though the halving event didn't finish yet.

At the end of the day, anything can happen, and we don't know when it will happen. We might see a bull market anytime soon (which is highly likely), or we might see a bear market (highly unlikely).
Title: Re: Has the bear market started?
Post by: msz900 on May 02, 2024, 04:29:27 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?

BTC has to take a correction or atleast $10k - $20k and after that it will pump and cross the Higher High, but currently, the market is only taking small moves just to Liquidate either the Short's or Longs' and that's the reason, most of the PRO trader recommend to trade only in Spot.
Title: Re: Has the bear market started?
Post by: Dr.Bitcoin_Strange on May 02, 2024, 09:03:23 AM
It's possible that BTC could actually be entering another Bull run, because the Bitcoin has always experienced bull and bear market trends in a cyclical manner in the previous years, and the bull run is believed to always kick in once in every four years, the last bull run was actually in 2022, so if the market is to follow it's previous cycles, then there's every possibility of another Bull run coming up very soon.
This is only a mere speculation and not certain because the crypto market is very volatile and can decide to take another pattern at any given time.
Title: Re: Has the bear market started?
Post by: Fivestar4everMVP on May 02, 2024, 09:13:35 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?
It's hard to say but if I must be sincere with myself, I did say what I truly believe, and what I truly believe at  the moment is that, bitcoin is looking more bearish than bullish, though I understand that many will see the current downtrend as a correction from the highs we seen in the past weeks, which I will also assume is correct, but all the same, the current condition of the market isn't a bad thing, intact, for me, I see it as an opportunity to not only accumulate more bitcoin at cheap rates, but also, it's a good opportunity for me to buy more of the altcoins I've always thought I don't have enough of, so that when the bull run finally arrives, I have nothing to regret at all.

This is a very good opportunity for us all reposition well for the coming bull run, I expect bitcoin to still go down a bit, maybe reach around $50k, before it shorts up again and takes its jornuey to above $100k.
Cross your fingers and watch this happen in the coming weeks.
Title: Re: Has the bear market started?
Post by: gunhell16 on May 02, 2024, 11:39:36 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?

To be honest, I am not shocked by what is happening today because we are at 23% of the correction that we are facing right now, up to 30% of the correction that I expect to happen to Bitcoin in terms of its price value. So my rough estimation is that it is possible to lower it to $50,000 as support, before it reverses again.

So right now we are still in the discovery phase because the market is unpredictable, which is why we are still hearing speculation in the various communities here on this platform.
Title: Re: Has the bear market started?
Post by: Power420 on May 02, 2024, 01:24:19 PM
I am mainly concerned with long term investment, so I have saved some money so I am seeking advice on whether it will be a deep market. If the bitcoin market is more bearish then I will use the DCA method. So I am looking for advice on how to invest and think ahead about the market.
Title: Re: Has the bear market started?
Post by: SmartGold01 on May 02, 2024, 01:57:22 PM
This is a normal thing that usually happens with the market because when halving is over that is always a little market changes that would looks as bear but not bear its called market correction although it would be around this price for close to 6 months that is to say we are expecting it be over within ending of this year and mid beginning of next year to start rallying up for the bull run. So to me I will just advise to keep holding or to keep accumulating gradually while the pick up the movement for the bull run.
Title: Re: Has the bear market started?
Post by: kulkhan on May 02, 2024, 09:44:08 PM
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.
Title: Re: Has the bear market started?
Post by: armanda90 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.
Title: Re: Has the bear market started?
Post by: de_prof on May 03, 2024, 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.
Title: Re: Has the bear market started?
Post by: Litzki1990 on May 03, 2024, 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.
Title: Re: Has the bear market started?
Post by: LUCKMCFLY on May 03, 2024, 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.
Title: Re: Has the bear market started?
Post by: Primo1760 on May 03, 2024, 07:35:44 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?
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.
Title: Re: Has the bear market started?
Post by: 0t3p0t on May 03, 2024, 08:25:02 AM
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. 😅
Title: Re: Has the bear market started?
Post by: Gladitorcomeback on May 03, 2024, 08:32:57 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'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.
Title: Re: Has the bear market started?
Post by: jeraldskie11 on May 03, 2024, 09:18:05 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?
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.
Title: Re: Has the bear market started?
Post by: DabsPoorVersion on May 03, 2024, 10:20:53 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?
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.
Title: Re: Has the bear market started?
Post by: Dr.Bitcoin_Strange on May 03, 2024, 11:00:39 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?
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...
Title: Re: Has the bear market started?
Post by: kulkhan on May 03, 2024, 08:20:09 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.
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.
Title: Re: Has the bear market started?
Post by: vegasus on May 03, 2024, 10:16:50 PM
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.
Title: Re: Has the bear market started?
Post by: debra on May 03, 2024, 11:14:57 PM
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.

Title: Re: Has the bear market started?
Post by: akeemqaz on May 03, 2024, 11:50:13 PM
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.
Title: Re: Has the bear market started?
Post by: KingsDen on May 04, 2024, 12:04:45 AM
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...
Title: Re: Has the bear market started?
Post by: Smcchamp on May 04, 2024, 07:43:14 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?

No buddy. This is very healthy imo. BTC is around 61k today. But I'll like to see it at 53k before going all in..
Title: Re: Has the bear market started?
Post by: Fivestar4everMVP on May 04, 2024, 09:06:25 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?

No buddy. This is very healthy imo. BTC is around 61k today. But I'll like to see it at 53k before going all in..
Lolz, I also excepted bitcoin to touch around $48k before it starts going up again, but seems to me like we may likely never see those levels again with the way things are going, the price bitcoin right now is a little below $63k now after touching $64k yesterday, maybe we are going down again and this time, we touch down to around $50k before the bull run comes in in a full swing, or maybe this is just another minor correction again before the price shoots up to $65k and above in a day or two - possibly by next week.

Anyways, I won't hesitate to still buy more bitcoin even at this levels if I have extra funds am doing nothing with, bitcoin is well headed to above $100k in a few months from now, so, buying now or buying lower is still and always a win.
Title: Re: Has the bear market started?
Post by: Power420 on May 04, 2024, 03:27:09 PM
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?

No buddy. This is very healthy imo. BTC is around 61k today. But I'll like to see it at 53k before going all in..

It is normal for bitcoin prices to go up and all investors aim to profit and hold on to bitcoins. But why do you like dumping bitcoin prices, the opportunity to buy bitcoins is present. So Bitcoin price must have come close to $53k, and if you can't buy in this current bear market then definitely use the DCA method. I think the DCA method is the most beneficial way to invest in Bitcoin.
Title: Re: Has the bear market started?
Post by: bayu7adi on May 04, 2024, 08:41:30 PM
Anyways, I won't hesitate to still buy more bitcoin even at this levels if I have extra funds am doing nothing with, bitcoin is well headed to above $100k in a few months from now, so, buying now or buying lower is still and always a win.
Very confident and I like that... maybe some people who are still doubtful about Bitcoin will always think about the right time to buy Bitcoin, while people who are full of confidence only think about which cash they want to buy Bitcoin with. Yes, of course that doesn't necessarily rule out investment strategies, because our finances also have to continue to run for survival.

I hope that the $100k figure really comes true, because I also have the same thoughts as you and have been waiting for that moment for a long time.
Title: Re: Has the bear market started?
Post by: Stompix on May 04, 2024, 08:55:36 PM
As the market has dumped a lot from its peak price so far we cannot consider this market condition as a bear market.

Why it is the beginning of bear market?

Because no matter how you want to label this, correction or not, by definition, it's a bear market and a crash:

Quote
A market correction occurs when a stock market index, such as the S&P/TSX Composite Index, drops by 10% or more from its previous peak. When the decline reaches 20%, it’s called a bear market. If that 20 % decline happens over a very short period, then it is a stock market crash.

Some get confused and try to apply the timeline of the stock market on this of months but they forget crypto is a lot more volatile and doesn't need months to reach those percentages, it can do it in one day, the moment BTC slid under 57k it was the end of the bull run and the start of a bearish period, yeah it can go back up it can also pass the ATH but that doesn't mean that it's all just one line of bullish events.

It's a normal occurrence, nobody died because of it, happened a lot of times but still it is what it is.
Title: Re: Has the bear market started?
Post by: Crwth on May 04, 2024, 08:57:35 PM
Right now, it has come back to the level of $62k, and that's the best time to buy crypto when it's like that. The bloody market should've been a sign to buy more crypto so you could take advantage of it. It's not yet started and I think it will continue to rise, I believe it will be after a few years before we go bear again but not as low as before I think.
Title: Re: Has the bear market started?
Post by: Primo1760 on May 04, 2024, 10:34:18 PM
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?

No buddy. This is very healthy imo. BTC is around 61k today. But I'll like to see it at 53k before going all in..
BTC ranged from $61,000 to $64,500. But the market may go up from here, I think the market will not go down. As you wait to see the price of 53k bitcoins here, your wait may fail. Even so, periods of major market volatility may come closer than you expect. But if you wait to invest why didn't you invest at $56k when the market came down to $56k. If anyone is ready to invest I would say pick a position where you can invest when the price of bitcoin goes up. But keep in mind that Bitcoin will go up slowly and may never go down.
Title: Re: Has the bear market started?
Post by: Google+ on May 05, 2024, 10:12:01 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?

No buddy. This is very healthy imo. BTC is around 61k today. But I'll like to see it at 53k before going all in..
BTC ranged from $61,000 to $64,500. But the market may go up from here, I think the market will not go down. As you wait to see the price of 53k bitcoins here, your wait may fail. Even so, periods of major market volatility may come closer than you expect. But if you wait to invest why didn't you invest at $56k when the market came down to $56k. If anyone is ready to invest I would say pick a position where you can invest when the price of bitcoin goes up. But keep in mind that Bitcoin will go up slowly and may never go down.
It seems like bitcoin is already having difficulty reaching $61k or even $64k. Currently bitcoin is at a price of around $56k and is having difficulty increasing its price again and currently the price of bitcoin tends to fall again. Market conditions are not good because demand for bitcoin is starting to decrease, so it is very dangerous to enter bitcoin again.
Title: Re: Has the bear market started?
Post by: Charles-Tim on May 05, 2024, 01:32:02 PM
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?

No buddy. This is very healthy imo. BTC is around 61k today. But I'll like to see it at 53k before going all in..

It is normal for bitcoin prices to go up and all investors aim to profit and hold on to bitcoins. But why do you like dumping bitcoin prices, the opportunity to buy bitcoins is present. So Bitcoin price must have come close to $53k, and if you can't buy in this current bear market then definitely use the DCA method. I think the DCA method is the most beneficial way to invest in Bitcoin.
I think smart DCA would be better this time. I men you can wait for mild dip in price and invest again. But if bitcoin is about to fall to $50000, it is better you invest all at that point. I do not know if bitcoin can fall back to that price but I analyzed already that the support around that price will be much stronger than the support at $60000. And you can see how strong the support at $60000 is very strong.
Title: Re: Has the bear market started?
Post by: $crypto$ on May 05, 2024, 01:38:51 PM
I think smart DCA would be better this time. I men you can wait for mild dip in price and invest again. But if bitcoin is about to fall to $50000, it is better you invest all at that point. I do not know if bitcoin can fall back to that price but I analyzed already that the support around that price will be much stronger than the support at $60000. And you can see how strong the support at $60000 is very strong.
Actually, previously DCA was a good strategy and not just now. We can do that at any time and many have succeeded this way.

Now if you want to enter then do it, but we also have to be prepared for the worst possibility, for example experiencing a bear market again. The decision is in our hands, but let's not force ourselves, because in my opinion that is not wise.

We have to do something based on our own analysis.
Title: Re: Has the bear market started?
Post by: Mr. Magkaisa on May 05, 2024, 03:42:24 PM
      -     With the current price of Bitcoin, it can be said that the market is still bullish, but since we are still in a correction period, I could say that we are bearish now in the short term because we are still in retracement. That's the truth.

The deepest price is not reached to make a buying point. And when the peak lowest price is reached, it will have a reversal called that will play in ranging or swanging for a few months. This is what I think.
Title: Re: Has the bear market started?
Post by: Sim_card on May 05, 2024, 04:25:29 PM
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?

No buddy. This is very healthy imo. BTC is around 61k today. But I'll like to see it at 53k before going all in..

It is normal for bitcoin prices to go up and all investors aim to profit and hold on to bitcoins. But why do you like dumping bitcoin prices, the opportunity to buy bitcoins is present. So Bitcoin price must have come close to $53k, and if you can't buy in this current bear market then definitely use the DCA method. I think the DCA method is the most beneficial way to invest in Bitcoin.
I will not call the little correction in price a bear market, because we are not in the bear season but we are more bullish now, since the halving just passed, and after that we expect a bull run. Price correction does not mean that the market is bearish. In the bearish market bitcoin price will just keep dipping without pumping after few days.
Title: Re: Has the bear market started?
Post by: Legion on May 08, 2024, 05:04:56 PM
I will not call the little correction in price a bear market, because we are not in the bear season but we are more bullish now, since the halving just passed, and after that we expect a bull run. Price correction does not mean that the market is bearish. In the bearish market bitcoin price will just keep dipping without pumping after few days.
It's true, a price drop on a large scale can be said to be a bearish moment, but when you see market prices fall by just a few percent then it's not bearish but it can be said to be a price correction that occurs for just a moment.
Title: Re: Has the bear market started?
Post by: IvugeoEvolutionCoin on May 09, 2024, 12:25:09 PM
I will not call the little correction in price a bear market, because we are not in the bear season but we are more bullish now, since the halving just passed, and after that we expect a bull run. Price correction does not mean that the market is bearish. In the bearish market bitcoin price will just keep dipping without pumping after few days.
It's true, a price drop on a large scale can be said to be a bearish moment, but when you see market prices fall by just a few percent then it's not bearish but it can be said to be a price correction that occurs for just a moment.
Hopefully the bearish moment doesn't come too soon because currently there are still many who want to enjoy the increase in bitcoin prices. If you look at market conditions, it seems like cryptocurrency support has weakened and this is usually the start of the bearish season.
Title: Re: Has the bear market started?
Post by: Jamal Aezaz on May 09, 2024, 07:54:10 PM
It's true, a price drop on a large scale can be said to be a bearish moment, but when you see market prices fall by just a few percent then it's not bearish but it can be said to be a price correction that occurs for just a moment.

Bearish season comes when there is no chance of increase in price but I assume that bear season has not started yet because price movement is not so low and the demand for Bitcoin is still increased therefore price will remain higher as the demand remains higher.

After halving this reduction takes longer and we don't see any increase but still all of us are in hope that we will see 100k$ one day due to halving impacts but this achievement will also take longer Maybe the time proceeds to the months of next year.
Title: Re: Has the bear market started?
Post by: Faisal2202 on May 09, 2024, 11:26:22 PM
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 think it should happen, which means a bear market or correction was necessary for the market to go up again. I still thing BTC can go as low as $50k. But after that, it will touch $73k IMO. I might be wrong but many technical indicators show that. I honestly don't want BTC to go as low as $50k but I think in the long run like after October or near October BTC might lose its value.

After that maybe in the Q1 of 2025, BTC will try to break the $100k target. Many of the institutional investors and analysts made that prediction I just aforementioned, but don't know where they are now, or why they are not back supporting what they said before. I still thin we are heading towards a bull run because bull run definitely comes after halving and my heart don't want to think otherwise. Which I know is a bad thing.
Title: Re: Has the bear market started?
Post by: LUCKMCFLY on May 10, 2024, 03:15:28 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 think it should happen, which means a bear market or correction was necessary for the market to go up again. I still thing BTC can go as low as $50k. But after that, it will touch $73k IMO. I might be wrong but many technical indicators show that. I honestly don't want BTC to go as low as $50k but I think in the long run like after October or near October BTC might lose its value.

After that maybe in the Q1 of 2025, BTC will try to break the $100k target. Many of the institutional investors and analysts made that prediction I just aforementioned, but don't know where they are now, or why they are not back supporting what they said before. I still thin we are heading towards a bull run because bull run definitely comes after halving and my heart don't want to think otherwise. Which I know is a bad thing.

Today I saw more analysis from some traders where they said that bitcoin would reach $52k again, but this is something that I don't understand very well, based on what can you guarantee this? I believe that the only way for Bitcoin to go down so much is because there is a great fundamental, war style , pandemic or something like that and it could influence investor panic It could also be that there are other things that could influence an investor leaving. and they sell all their bitcoin, and that would be something very extreme but it can happen, in this case things can happen due to strong emotions and cause everything to go to the floor.
Title: Re: Has the bear market started?
Post by: enwi on May 10, 2024, 12:08:14 PM
Today I saw more analysis from some traders where they said that bitcoin would reach $52k again, but this is something that I don't understand very well, based on what can you guarantee this? I believe that the only way for Bitcoin to go down so much is because there is a great fundamental, war style , pandemic or something like that and it could influence investor panic It could also be that there are other things that could influence an investor leaving. and they sell all their bitcoin, and that would be something very extreme but it can happen, in this case things can happen due to strong emotions and cause everything to go to the floor.
It seems that the price of bitcoin has returned to $53k again and this is a fairly stable price movement because it always has price movements between $50k and $55k. Hopefully there will be good news next month so that the price can rise to be very expensive.
Title: Re: Has the bear market started?
Post by: Faisal2202 on May 10, 2024, 08:17:29 PM
Today I saw more analysis from some traders where they said that bitcoin would reach $52k again, but this is something that I don't understand very well, based on what can you guarantee this?
I did not mean to say it will directly touch the $50k target, as I was trying to say, first it will break some supports, like $57k then further below until $50k. My hard guess is $50k and in the long run it don't made me nervous because I am holding until $100k which I think is must. I don't know why before halving people were so bullish that they won't stop saying BTC will touch $100k some are even saying it can touch $150k but now people are not so bullish.

They are predicting the price to touch maximum of $80k. Speaking of $50k target you are right a big event could made that happen otherwise BTC is still moving up and down (consolidate) but I still think a big dump is coming, as MT Gox payment is going to be distributed and there are other seized funds are going to be released by the authorities.
Title: Re: Has the bear market started?
Post by: dekafee79 on May 11, 2024, 12:19:36 PM
Today I saw more analysis from some traders where they said that bitcoin would reach $52k again, but this is something that I don't understand very well, based on what can you guarantee this? I believe that the only way for Bitcoin to go down so much is because there is a great fundamental, war style , pandemic or something like that and it could influence investor panic It could also be that there are other things that could influence an investor leaving. and they sell all their bitcoin, and that would be something very extreme but it can happen, in this case things can happen due to strong emotions and cause everything to go to the floor.
It seems that the price of bitcoin has returned to $53k again and this is a fairly stable price movement because it always has price movements between $50k and $55k. Hopefully there will be good news next month so that the price can rise to be very expensive.
Currently it looks like the bitcoin price will experience a lot of correction, but in my opinion the bitcoin price will not fall below $50K, because this is the season leading up to the bullish season which will probably occur at the end of the year or early next year.
Title: Re: Has the bear market started?
Post by: Aanuoluwatofunmi on May 11, 2024, 03:34:24 PM
We should expect of lesser bear market to come as at now, we are still enjoying on the rise on the bullrun and the season for that still continuous, this month has been seen also as a month for bull market than we have in the bear, we will have to achieve close to $120,000 with bitcoin market value before there can be any bearish experience that we see the market falling, now its only planning to rise the more in getting to new all time highs.
Title: Re: Has the bear market started?
Post by: Agbe on May 11, 2024, 04:40:07 PM
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 way the market is fluctuating and refused to resist the 60k now then I am sensing the bear market so if anyone didn't sell now then the person might wait for the next bull market in 2028. And if the bitcoin didn't reach $62k in this weekend then from next week bitcoin will reduce to $55k and from there it will start the bear market. Though it is still a bull run down many people now. Because they started when the price was a bit lower.
Title: Re: Has the bear market started?
Post by: enwi on May 12, 2024, 07:52:57 AM
Today I saw more analysis from some traders where they said that bitcoin would reach $52k again, but this is something that I don't understand very well, based on what can you guarantee this? I believe that the only way for Bitcoin to go down so much is because there is a great fundamental, war style , pandemic or something like that and it could influence investor panic It could also be that there are other things that could influence an investor leaving. and they sell all their bitcoin, and that would be something very extreme but it can happen, in this case things can happen due to strong emotions and cause everything to go to the floor.
It seems that the price of bitcoin has returned to $53k again and this is a fairly stable price movement because it always has price movements between $50k and $55k. Hopefully there will be good news next month so that the price can rise to be very expensive.
Currently it looks like the bitcoin price will experience a lot of correction, but in my opinion the bitcoin price will not fall below $50K, because this is the season leading up to the bullish season which will probably occur at the end of the year or early next year.
If we look at the bitcoin price chart as a whole then there is the potential for the bitcoin price to fall below $50k, possibly triggering a bearish season that will come soon. We should be able to prepare as much USD as we can to be able to buy bitcoin when the price drops to a cheap price again.
Title: Re: Has the bear market started?
Post by: Power420 on May 12, 2024, 06:39:30 PM
A bear market seems to be going on at the moment, it could end at any time.  And when the price starts to rise, the peak bull run will move towards the market, for which the money flow must be kept buying Bitcoin at this time. If you miss this time, you will have to buy several times more later, the current bitcoin price is between $55k and $70k. Every investor should buy Bitcoin whenever it comes under control, this opportunity will never be available again.
Title: Re: Has the bear market started?
Post by: UNIVERSE on May 12, 2024, 10:01:45 PM
If we look at the bitcoin price chart as a whole then there is the potential for the bitcoin price to fall below $50k, possibly triggering a bearish season that will come soon. We should be able to prepare as much USD as we can to be able to buy bitcoin when the price drops to a cheap price again.
How do you know it may drop below $50k again? If you have a certain approach on analyzing the chart, please explain or describe it!
In my humble opinion, I believe the price won't drop below $50k. I even think the price may keep increasing above $60k. Even if it will drop, it won't be below $55k. The latest huge dump, it only dropped to $56k. People know prefer to hold their assets and will consider many things if they want to buy again. Moreover, the funds may already be used to buy coins in the early of this year.

Title: Re: Has the bear market started?
Post by: LUCKMCFLY on May 13, 2024, 10:39:32 PM
Today I saw more analysis from some traders where they said that bitcoin would reach $52k again, but this is something that I don't understand very well, based on what can you guarantee this? I believe that the only way for Bitcoin to go down so much is because there is a great fundamental, war style , pandemic or something like that and it could influence investor panic It could also be that there are other things that could influence an investor leaving. and they sell all their bitcoin, and that would be something very extreme but it can happen, in this case things can happen due to strong emotions and cause everything to go to the floor.
It seems that the price of bitcoin has returned to $53k again and this is a fairly stable price movement because it always has price movements between $50k and $55k. Hopefully there will be good news next month so that the price can rise to be very expensive.

No, currently it was at $62k and that gave the result that now the price is like swaying a lot, there is a lot of uncertainty, of course the halving effect has not yet been seen, which is the effect that we all expect and that we want to see rise, but in fact things are happening so that it can go in a defined direction, I would like it to go up right now because it is something that would be very good, but everyone is waiting, and something that I have learned from the market is that it does not happen what the masses expect but quite the opposite, that is what usually happens.
Title: Re: Has the bear market started?
Post by: LUCKMCFLY on May 13, 2024, 11:41:21 PM
Today I saw more analysis from some traders where they said that bitcoin would reach $52k again, but this is something that I don't understand very well, based on what can you guarantee this? I believe that the only way for Bitcoin to go down so much is because there is a great fundamental, war style , pandemic or something like that and it could influence investor panic It could also be that there are other things that could influence an investor leaving. and they sell all their bitcoin, and that would be something very extreme but it can happen, in this case things can happen due to strong emotions and cause everything to go to the floor.
It seems that the price of bitcoin has returned to $53k again and this is a fairly stable price movement because it always has price movements between $50k and $55k. Hopefully there will be good news next month so that the price can rise to be very expensive.
Currently it looks like the bitcoin price will experience a lot of correction, but in my opinion the bitcoin price will not fall below $50K, because this is the season leading up to the bullish season which will probably occur at the end of the year or early next year.

There are many things that can happen, of course there is something that we should see by nature, if the price goes down it is a normal and natural correction, we should not alarm you, but if we see that there is a correction to almost $50k we should see that what It will come later because it will be something very big, a price that can reach very high, and that is what the rest of us should focus on, I have always seen things that way, if we go to the plan that everything is better to do it or wait for it to happen, Well yes, but as long as the price goes down I consider that you have to buy, for those who have how to buy bitcoin I advise you to do so every time it goes down.
Title: Re: Has the bear market started?
Post by: Captain Corporate on May 14, 2024, 01:11:45 AM
Having a few bad days doesn't really hurt, it just a way for the market to replenish itself for a while before it can continue to go up. I believe that we are going to end up with a good result given enough time, and that will not be all that complicated when you think about it because it will be simple enough. What we should consider at this point is to let it be and just accumulate more, because every time I see people get worried about the price, I do not understand why they do not look back just a year ago, we were a lot worse a year ago, and for some reason nobody mentions that when they are calculating what the price could be in a year.
Title: Re: Has the bear market started?
Post by: bitterguy28 on May 14, 2024, 03:45:36 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?
so after weeks of posting this I think we already have the answer and that is  Nope that isnot actually bear market but just another correction from the recent increase as we have jumped to 53k again and now staying at this level waiting for the strike up.

Bull market is what you should asked if this is the beginning because anytime soon we will taste that bull starter and may see what we are waiting "the 6 digits price" of bitcoin.
Title: Re: Has the bear market started?
Post by: EthereumDev_ on May 17, 2024, 06:20:27 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?
so after weeks of posting this I think we already have the answer and that is  Nope that isnot actually bear market but just another correction from the recent increase as we have jumped to 53k again and now staying at this level waiting for the strike up.

Bull market is what you should asked if this is the beginning because anytime soon we will taste that bull starter and may see what we are waiting "the 6 digits price" of bitcoin.
Hopefully the high price you hope for will be achieved soon. It is not easy to raise the price of Bitcoin to a very expensive price. We need whales who have a lot of money to come in and buy bitcoin in large quantities. Hopefully bullishness will have an influence on altcoin prices and can increase altcoin prices.
Title: Re: Has the bear market started?
Post by: bayu7adi on May 17, 2024, 08:33:18 AM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Title: Re: Has the bear market started?
Post by: dekafee79 on May 17, 2024, 03:08:29 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.
Title: Re: Has the bear market started?
Post by: SmartGold01 on May 17, 2024, 03:18:44 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.
This is something natural that occurs overtime and sometimes we could feels that the market gonna have a potential bull trend for this week or month but it would surprised you that it will changes over time because it's up and down movement that makes trading effective, so we won't constantly be seeing dip neither we are going to see a straight bull run instantly but the market could be swinging between the two until this season passes bye maybe the main bull run could start from next year between Q1 to Q2 if I am not mistakenly.
Title: Re: Has the bear market started?
Post by: LUCKMCFLY on May 17, 2024, 10:05:34 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.
This is something natural that occurs overtime and sometimes we could feels that the market gonna have a potential bull trend for this week or month but it would surprised you that it will changes over time because it's up and down movement that makes trading effective, so we won't constantly be seeing dip neither we are going to see a straight bull run instantly but the market could be swinging between the two until this season passes bye maybe the main bull run could start from next year between Q1 to Q2 if I am not mistakenly.
What you say is very true, because basically when people expect the price of bitcoin to rise it does not do so when everyone expects it, it does so when people expect it best, for this reason when we are looking for better things to do we can To say that for now the best thing is today, and that the price rises this week, month or next year, we are prepared for that movement, but as long as there are corrections we must take advantage of the moment to buy, well that is what I always say, because For me, bitcoin is the safest investment in the world.

Title: Re: Has the bear market started?
Post by: MrSpasybo on May 18, 2024, 01:17:33 AM
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.
It would be great if we had gone through a re-accumulation and support retest of BTC price. However, I will only believe this when BTC price creates a new ATH above $74K. For now, I think BTC price is still in a trading range and in a boring sideway with no clear trend. Apart from memecoins, most ALTS have only recovered after falling 10-50% in the past few weeks.

I do not believe that we have entered a downtrend as the main bullrun is still waiting for us ahead, but I am also not optimistic enough to believe that BTC price can quickly grow strongly right after the halving without a few months of re-accumulation. BTC Spot ETFs can have a very big impact but not enough to change investor sentiment and price behavior in the market.

(https://www.tradingview.com/x/v8p0sFvT/)
Title: Re: Has the bear market started?
Post by: Jamal Aezaz on May 18, 2024, 08:13:05 AM
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.

Market movement is improving now because the price of Bitcoin during previous weeks was very low but now it is gradually increasing like the current value is 66k$ and many people are still buying Bitcoin due to which there will be a good effect on the value of Bitcoin.

There is no guarantee that it will increase more than this but I think if this pump continues for a longer time then all investors will be able to make profit through their targeted value. The market is highly unpredictable so we don't know about the coming price but can only plan according to the situations and when we obtain the targeted worth then don't miss the opportunity by waiting more.
Title: Re: Has the bear market started?
Post by: IvugeoEvolutionCoin on May 18, 2024, 10:04:05 AM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.
I also hope that what he says can come true. All analysis will be broken when what he says comes true. Many have analyzed that there will be a price decline but market conditions do not agree and Bitcoin prices will increase as is happening now.
Title: Re: Has the bear market started?
Post by: dekafee79 on May 18, 2024, 08:51:16 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.
I also hope that what he says can come true. All analysis will be broken when what he says comes true. Many have analyzed that there will be a price decline but market conditions do not agree and Bitcoin prices will increase as is happening now.
No one can predict the price of bitcoin accurately, because crypto always depends on bitcoin price movements. We see that currently the price of bitcoin has started to increase, and my prediction is that the price of bitcoin will exceed $70K soon. If that happens, altcoin prices will rise too, so be patient.
Title: Re: Has the bear market started?
Post by: 0t3p0t on May 18, 2024, 11:17:29 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Hopefully your prediction is correct, because I also see market movements starting to improve and several altcoins are also rising. If this persists for the next two weeks, it is possible that we will soon enter the bullish season.
I also hope that what he says can come true. All analysis will be broken when what he says comes true. Many have analyzed that there will be a price decline but market conditions do not agree and Bitcoin prices will increase as is happening now.
No one can predict the price of bitcoin accurately, because crypto always depends on bitcoin price movements. We see that currently the price of bitcoin has started to increase, and my prediction is that the price of bitcoin will exceed $70K soon. If that happens, altcoin prices will rise too, so be patient.
True and based on my observation on the marketit's pretty bullish this week but as you have said things will be different in the coming weeks as we cannot predict the exact price of Bitcoin I mean anything can happen from plummeting to skyrocketing but the thing here is that as long as we keep on accumulating Bitcoin we will be having the higher chance of making profits on the next ATH.
Title: Re: Has the bear market started?
Post by: Primo1760 on May 18, 2024, 11:26:27 PM
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?
Bitcoin market volatility is not well understood at the moment. We saw Bitcoin go from $65,000 to $56,000 a few days ago. Then we thought that Bitcoin might start dumping from here and can take a position up to $40,000, but after reaching $56,000, the market went up again without dumping. Currently the market is between 66 thousand to 67 thousand dollars. However, seeing the market condition, it is expected that the bull run will start in the Bitcoin market, but it will be very soon. Many people may still be ambivalent about the Bitcoin market because many think the market will go down. But for those who haven't invested and are waiting to buy from more dumping markets, you can invest and prepare for the next Bullran market. The Bitcoin market may not go down any further and even if it does, it may not be a huge dumping.
Title: Re: Has the bear market started?
Post by: EthereumDev_ on May 19, 2024, 08:26:26 PM
True and based on my observation on the marketit's pretty bullish this week but as you have said things will be different in the coming weeks as we cannot predict the exact price of Bitcoin I mean anything can happen from plummeting to skyrocketing but the thing here is that as long as we keep on accumulating Bitcoin we will be having the higher chance of making profits on the next ATH.
That's why we have to be careful when trading in Cryptocurrencies because basically cryptocurrency price movements can never be predicted accurately. We must continue to pay attention to market conditions. When there is good news or bad news, whales will take advantage of it to create price movements in the market. As long as we keep collecting Bitcoin, it will remain safe, because the price of Bitcoin will always increase from year to year.
Title: Re: Has the bear market started?
Post by: UNIVERSE on May 19, 2024, 11:11:55 PM
No one can predict the price of bitcoin accurately, because crypto always depends on bitcoin price movements. We see that currently the price of bitcoin has started to increase, and my prediction is that the price of bitcoin will exceed $70K soon. If that happens, altcoin prices will rise too, so be patient.
As long as it is a prediction, there should be no 100% accuracy. Sure, no one has the ability to ensure or determine the future. We only can speculate about the future.

Bitcoin has increased again gradually, it reached $67k recently. But it looks like to drop again to $65k, it is normal to have a correction before the price of Bitcoin to pass $70k again. If Bitcoin can increase significantly again, no doubt altcoins will follow it. We will see an increase in altcoins prices again.

Title: Re: Has the bear market started?
Post by: kulkhan on May 19, 2024, 11:19:08 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Yes i also think not bear market we are now bull market. Now market some down but i think correction running. After end of this correction market will come back with his real character.

I think within short time market will fire and Bitcoin price will hit $100k and all currency will up there has no doubt.
Title: Re: Has the bear market started?
Post by: $crypto$ on May 23, 2024, 07:39:23 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Yes i also think not bear market we are now bull market. Now market some down but i think correction running. After end of this correction market will come back with his real character.

I think within short time market will fire and Bitcoin price will hit $100k and all currency will up there has no doubt.
Yes, I think so too, we are still in a market that is experiencing a correction, so I think we just have to wait a little longer to see the real market.

We are still in a price movement that is not completely stable, there are still drops and rises in a very short time. If we believe and have enough money to invest, it can be done, but it all has to be done with thorough preparation. I mean we have to be ready if at any time our predictions are wrong.
Title: Re: Has the bear market started?
Post by: UNIVERSE on May 23, 2024, 11:59:11 PM
Yes i also think not bear market we are now bull market. Now market some down but i think correction running. After end of this correction market will come back with his real character.

I think within short time market will fire and Bitcoin price will hit $100k and all currency will up there has no doubt.
Of course, we are in the bullrun season, it is clearly bullish market. I don't know why some people keep wondering whether it is bearish or bullish market. If the prices sometimes dropped, it is natural correction. If we have pumps, we must also have dumps of the prices of crypto coins. Sure, it is the nature of crypto coins.

No one knows when Bitcoin can reach $100k. I think if Bitcoin creates a new ATH, all altcoins will increase massively again. It is no need to wait for $100k to make all coins to increase again.  ;)

Title: Re: Has the bear market started?
Post by: JISAN on May 24, 2024, 09:10:50 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?
Now Bitcoin's bull season is going on but not very fast.  The price of Bitcoin is very stable.  Now may be a good time to trade. Because it is possible to predict when the price of Bitcoin is moving in the market. Trading in such a calm market has very less risk.  But if you don't want quick profit from Bitcoin then you can still buy and hold Bitcoin. Because this year it could see prices up to $85-100k before the bear market starts. i am not guarantee but has this possibility
Title: Re: Has the bear market started?
Post by: bayu7adi on May 24, 2024, 07:36:10 PM
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.
Those who believe will still believe that a more powerful bounce will occur in cryptocurrency prices after the halving. However, for those who are afraid, they will be afraid and sell when they feel that their position is no longer safe to hold. I can still be confident in Bitcoin at the moment, even though the last few days have seen very significant price changes, and the last one was a correction when it managed to stay at $70k for two days, now to a price level of $68k.

Just look at the reflection again, it will be higher than before.
Title: Re: Has the bear market started?
Post by: Gurujebs on May 24, 2024, 07:41:40 PM
Those who believe will still believe that a more powerful bounce will occur in cryptocurrency prices after the halving. However, for those who are afraid, they will be afraid and sell when they feel that their position is no longer safe to hold. I can still be confident in Bitcoin at the moment, even though the last few days have seen very significant price changes, and the last one was a correction when it managed to stay at $70k for two days, now to a price level of $68k.

Just look at the reflection again, it will be higher than before.

I think more than 70% of people are still bullish about this market because they know that the market has a pattern which happen always after the halving, like this week Monday when CPI was announced, the market saw a tremendous bounce to $70k plus, this shows that everyone are just sitting on the corner waiting for the bullish news that will start the run.

We might later see a correction in Bitcoin this year if there is not comfirmation of bull run continuation but I'm very certain that bullrun is going to happen. Where would Microstrategy and Blackrock get liquidity to sell some of their ETFs, it will kill the market and we will be back to bear market and that is the least thing institutional investors want to see right now.
Title: Re: Has the bear market started?
Post by: Power420 on May 24, 2024, 07:43:49 PM
Bitcoin market is positioned between $60k to $70k.  But it would be best to accumulate Bitcoin at the moment as we are heading towards a bull market as the day goes on.  So now is the best time to hold because it is very likely that Bitcoin will touch the $150 peak around 2025. Those who are basically original and regular traders who basically bought already Bitcoin will now sell only aiming for the price to rise.
Title: Re: Has the bear market started?
Post by: Crypto Library on May 24, 2024, 08:35:11 PM
Bitcoin market is positioned between $60k to $70k.  But it would be best to accumulate Bitcoin at the moment as we are heading towards a bull market as the day goes on.  So now is the best time to hold because it is very likely that Bitcoin will touch the $150 peak around 2025. Those who are basically original and regular traders who basically bought already Bitcoin will now sell only aiming for the price to rise.
That's true and I think the position of market will be continue like this until end of the 2024. Because the positive effect of Bitcoin halving will take this much time to reach the market. And all this time the price of bitcoin may fluctuate a bit, However, the Bitcoin price will not be like a bear market. And I will agree with you that bitcoin price will stay in the range of 60 to 70 if it is too high it may go down to 58k
Title: Re: Has the bear market started?
Post by: Power420 on May 25, 2024, 01:03:02 PM
After the halving, the bear market started because then all investors had enough opportunity to invest in science. Bitcoin price touched a high of $73.6k, and from there it had to drop to a low of $59k. This is huge because it creates opportunities for investors who have invested and whale investors have been investing since time immemorial. So don't miss this opportunity now everyone take investment and be able to reap the benefits in the next bull run market.
Title: Re: Has the bear market started?
Post by: dekafee79 on May 25, 2024, 03:10:22 PM
After the halving, the bear market started because then all investors had enough opportunity to invest in science. Bitcoin price touched a high of $73.6k, and from there it had to drop to a low of $59k. This is huge because it creates opportunities for investors who have invested and whale investors have been investing since time immemorial. So don't miss this opportunity now everyone take investment and be able to reap the benefits in the next bull run market.
Yes, I see investors taking the opportunity to increase the Bitcoin price turn, when the Bitcoin price reaches ATH $73K, it is possible that many investors have sold their Bitcoin which has been held for a long time. And the possibility of him buying me again the price of bitcoin fell to $59K, this is normal when the bitcoin halving occurs.
Title: Re: Has the bear market started?
Post by: kulkhan on May 25, 2024, 09:00:44 PM
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.
Those who believe will still believe that a more powerful bounce will occur in cryptocurrency prices after the halving. However, for those who are afraid, they will be afraid and sell when they feel that their position is no longer safe to hold. I can still be confident in Bitcoin at the moment, even though the last few days have seen very significant price changes, and the last one was a correction when it managed to stay at $70k for two days, now to a price level of $68k.

Just look at the reflection again, it will be higher than before.
  I am agree with you. I also think after some correction market will bounce there has no doubt. I still believe bitcoin price will bounce soon and it will go for new ATH.

Now bitcoin price near about $70k. I think within short time we will see new ATH. And within this year Bitcoin price will touch minimum $100k. So i think not bear market started, Started bull market.
Title: Re: Has the bear market started?
Post by: kulkhan on May 25, 2024, 11:11:00 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Yes i also think not bear market we are now bull market. Now market some down but i think correction running. After end of this correction market will come back with his real character.

I think within short time market will fire and Bitcoin price will hit $100k and all currency will up there has no doubt.
Yes, I think so too, we are still in a market that is experiencing a correction, so I think we just have to wait a little longer to see the real market.

We are still in a price movement that is not completely stable, there are still drops and rises in a very short time. If we believe and have enough money to invest, it can be done, but it all has to be done with thorough preparation. I mean we have to be ready if at any time our predictions are wrong.
Yes we are seeing real character of market. Market gradually increasing now bitcoin price touched $70k again. And it will be continue i strongly believe.
And your prediction is correct within very short time bitcoin price correction has been passed and now bull session started i think. And within short time we will see real bull session.
Title: Re: Has the bear market started?
Post by: jeraldskie11 on May 26, 2024, 05:51:23 PM
I think I saw signs of a bullish market starting, opening with prices starting from $61k now to $65k... this movement has definitely changed market sentiment which thought Bitcoin would experience another correction, even though this was the starting point for the upward bounce that would occur for the next few weeks.

I am still very confident that the price will tend to stabilize and rise from today. I hope my calculations aren't wrong this time.
Yes i also think not bear market we are now bull market. Now market some down but i think correction running. After end of this correction market will come back with his real character.

I think within short time market will fire and Bitcoin price will hit $100k and all currency will up there has no doubt.
Yes, I think so too, we are still in a market that is experiencing a correction, so I think we just have to wait a little longer to see the real market.

We are still in a price movement that is not completely stable, there are still drops and rises in a very short time. If we believe and have enough money to invest, it can be done, but it all has to be done with thorough preparation. I mean we have to be ready if at any time our predictions are wrong.
Yes we are seeing real character of market. Market gradually increasing now bitcoin price touched $70k again. And it will be continue i strongly believe.
And your prediction is correct within very short time bitcoin price correction has been passed and now bull session started i think. And within short time we will see real bull session.
I saw a decreased of demand using the volume and RSI indicator in a lower time frame which is 1h. Since there is a demand zone or order block in the $62k level in 1D tf, there is a big chance for the price to reach that area. So this is another possible scenario of Bitcoin. As we can see, there are lot of imbalances below and as what I have learned in trading that imbalances is a also a liquidity. Liquidity is where money is sitting, so if the price reaches that area there's a reaction and might make the price to increase drastically as it's gather huge demand.
Title: Re: Has the bear market started?
Post by: $crypto$ on May 26, 2024, 06:56:22 PM
Yes, I think so too, we are still in a market that is experiencing a correction, so I think we just have to wait a little longer to see the real market.

We are still in a price movement that is not completely stable, there are still drops and rises in a very short time. If we believe and have enough money to invest, it can be done, but it all has to be done with thorough preparation. I mean we have to be ready if at any time our predictions are wrong.
Yes we are seeing real character of market. Market gradually increasing now bitcoin price touched $70k again. And it will be continue i strongly believe.
And your prediction is correct within very short time bitcoin price correction has been passed and now bull session started i think. And within short time we will see real bull session.
It's true that bitcoin has moved up again, that means there is a signal that we will soon enter the next bull market. We continue to enjoy this because this is the increase that we previously predicted.

We can see and feel it now that patience will lead us to further improvements, and we are definitely ready for this. Anyone will definitely be happy when they see the final price, especially those of us who hold bitcoin.
Title: Re: Has the bear market started?
Post by: Primo1760 on May 26, 2024, 11:49:05 PM
Bitcoin market is positioned between $60k to $70k.  But it would be best to accumulate Bitcoin at the moment as we are heading towards a bull market as the day goes on.  So now is the best time to hold because it is very likely that Bitcoin will touch the $150 peak around 2025. Those who are basically original and regular traders who basically bought already Bitcoin will now sell only aiming for the price to rise.
Yes Bitcoin is now fluctuating between 70k and 68k. It is very difficult to accurately determine Bitcoin from such a position because it is impossible to tell whether Bitcoin will go up or down at the moment. But we should also note that we are slowly approaching the impending bull market. I guess the Bitcoin market may reach $100K in the next bull market but that is most likely by 2024. In 2025, the Bitcoin market may rise from $100K to $170k. In that case, those who have not invested yet can prepare for investment because later you may not have the opportunity to invest. Meanwhile, we are slowly heading towards a bull market. All things considered, now is the right time to invest.
Title: Re: Has the bear market started?
Post by: UNIVERSE on May 27, 2024, 12:50:06 AM
Yes we are seeing real character of market. Market gradually increasing now bitcoin price touched $70k again. And it will be continue i strongly believe.
Not sure what you mean by market real character, but market will be always volatile. There is no way that Bitcoin will be always in a certain price, it should fluctuate. It ever dropped to $56k after it jumped to $73 few weeks ago, but it is true that Bitcoin can cross $70k again recently. Even if it dropped to $68k now, I also believe the price will keep growing. It will return above $70k again in the next few weeks.

And your prediction is correct within very short time bitcoin price correction has been passed and now bull session started i think. And within short time we will see real bull session.
Bullish season already started few months ago. Even before the beginning of this year, we already saw an early sign of bullish season. Sure, the green market will start again when everything looks good. We have no more FUDs, we have good news now. I heard it is related to Ethereum ETF. Let's see how long the green market to last in this time.

Title: Re: Has the bear market started?
Post by: Chinusen2024 on May 27, 2024, 08:13:08 AM
I think there will be a bullish phase in the future and the price of Bitcoin will reach another ATH.
This is a great opportunity for all of us to be well positioned for the upcoming bullish period.Bitcoin price decline after Bitcoin halving means it is a correction. The price of Bitcoin will return to its original position in the near future.
Title: Re: Has the bear market started?
Post by: bayu7adi on May 27, 2024, 06:48:03 PM
Bullish season already started few months ago. Even before the beginning of this year, we already saw an early sign of bullish season. Sure, the green market will start again when everything looks good. We have no more FUDs, we have good news now. I heard it is related to Ethereum ETF. Let's see how long the green market to last in this time.
Since the Bitcoin ETF got the good news, BTC price movements have shown a bullish pattern, and this time I hope the pattern is bullish because the Bitcoin halving could be a link to it going above $100k. Since October 2023 I have monitored the price of Bitcoin which has experienced a very significant increase. Even the arrival of the Ethereum ETF news means that the cryptocurrency world should get a breath of fresh air.

Since Bitcoin ETFs were accepted by the SEC, there have been no bearish moments at all. We may see price corrections several times, and I think that is still normal. I have to be optimistic that Bitcoin will really fly past $100k in 2024.
Title: Re: Has the bear market started?
Post by: doc on May 28, 2024, 04:28:57 AM
Bullish season already started few months ago. Even before the beginning of this year, we already saw an early sign of bullish season. Sure, the green market will start again when everything looks good. We have no more FUDs, we have good news now. I heard it is related to Ethereum ETF. Let's see how long the green market to last in this time.
Since the Bitcoin ETF got the good news, BTC price movements have shown a bullish pattern, and this time I hope the pattern is bullish because the Bitcoin halving could be a link to it going above $100k. Since October 2023 I have monitored the price of Bitcoin which has experienced a very significant increase. Even the arrival of the Ethereum ETF news means that the cryptocurrency world should get a breath of fresh air.

Since Bitcoin ETFs were accepted by the SEC, there have been no bearish moments at all. We may see price corrections several times, and I think that is still normal. I have to be optimistic that Bitcoin will really fly past $100k in 2024.
I am also optimistic that bitcoin will exceed $100K this year.  Since the bitcoin ETF was approved, we have seen bitcoin show good movement.  And Had reached a new ATH at $73K.  Currently the price of bitcoin is also approaching $70K, although last month it struggled and fell to $59K.  Hopefully the approval of the Ethereum ETF will provide a breath of fresh air for bitcoin and ethereum, so that their prices will rise.
Title: Re: Has the bear market started?
Post by: Jamal Aezaz on May 31, 2024, 08:03:41 PM
I am also optimistic that bitcoin will exceed $100K this year.  Since the bitcoin ETF was approved, we have seen bitcoin show good movement.  And Had reached a new ATH at $73K.  Currently the price of bitcoin is also approaching $70K, although last month it struggled and fell to $59K.  Hopefully the approval of the Ethereum ETF will provide a breath of fresh air for bitcoin and ethereum, so that their prices will rise.

It is possible that Bitcoin will get 100k$ of worth and after Bitcoin ETF the price was so high that it touched new ATH but after halving the price become dip and till now it has no touch 73k$ again because the effects of halving is slower and will take time to create new ATH.

It was 71k$ but now you can see that the price is 67k$ again means it is down. ETF approval shows a good impact on the price of every coin so after the Ethereum ETF good news will surely arise and everyone will be in profit.
Title: Re: Has the bear market started?
Post by: LUCKMCFLY on May 31, 2024, 11:45:07 PM
Yes, I think so too, we are still in a market that is experiencing a correction, so I think we just have to wait a little longer to see the real market.

We are still in a price movement that is not completely stable, there are still drops and rises in a very short time. If we believe and have enough money to invest, it can be done, but it all has to be done with thorough preparation. I mean we have to be ready if at any time our predictions are wrong.
Yes we are seeing real character of market. Market gradually increasing now bitcoin price touched $70k again. And it will be continue i strongly believe.
And your prediction is correct within very short time bitcoin price correction has been passed and now bull session started i think. And within short time we will see real bull session.
It's true that bitcoin has moved up again, that means there is a signal that we will soon enter the next bull market. We continue to enjoy this because this is the increase that we previously predicted.

We can see and feel it now that patience will lead us to further improvements, and we are definitely ready for this. Anyone will definitely be happy when they see the final price, especially those of us who hold bitcoin.
It is very true, but we should not see ourselves as triumphalists, everything in due time, we cannot forget that we are people who are waiting to do many things, the market will always do what it considers, there are many people who believe that the market will always rise and not fall, there are always good corrections, and in this case bitcoin is in a good area, it is becoming a good area, to prepare for a new possible ATH, which I do not rule out that it could be this year, however in every dip we should see it as a good opportunity to buy and not panic.