Bear run may be too far from ending.

[pelana vreo]

Bitcoin price could drop lower than $17,500 usd, maybe $10k usd due to unpredictable market situation, for now doing DCA is a good thing, hope in 2024 the price will go up more than $60k usd, because I believe Halving Bitcoin will change everything

[TOP_ETH]

panic makes the crypto market unstable and the bear market is prolonged but I see the market today is starting to improve I myself have started trading and waiting for the bull market to come

[Speaker]

I think we haven't seen anything below reasonable limits yet, especially since the results of low unemployment in the United States may prompt an increase in rates, and this is not the best scenario for cryptocurrencies.

[gunhell16]

watching the market closely, it appear to me that the bear run is still far from being over, at least, getting to learn that Bitcoin has not bottom poses some form of worry to some of us.
Currently, there  are certain debate on the social media platforms by some analysts that predicted that BTC has not hit bottom yet even at $17,500; while many predicted that we are yet on it others thinks otherwise. Generally speaking, I think this situation has affected many investors from investing. Do you think bear run will take more longer time?

Even though there are many people who make predictions about the price of bitcoin, it will appear and appear in the end that this is just a prediction of an individual, which means it is not certain and this is where the volatility of the price of Bitcoin comes in. Apparently because Bitcoin is volatile, this becomes the exciting part for individual traders actually. Is it the type that makes you think and ask yourself if you're going to buy or sell?

[collinsjie]

For a couple of days now, BTC has been gradually gaining little by little moments to end the bear market season. I don't see BTC returning back to 17.5k. The bullish market will still take some time to gain maximum moment before it starts climbing. From my experience in the crypto market, toward the end of the year, the market always gains a moment of the bullish season. I expect that to happen. 

[pacar_tiri]

watching the market closely, it appear to me that the bear run is still far from being over, at least, getting to learn that Bitcoin has not bottom poses some form of worry to some of us.
Currently, there  are certain debate on the social media platforms by some analysts that predicted that BTC has not hit bottom yet even at $17,500; while many predicted that we are yet on it others thinks otherwise. Generally speaking, I think this situation has affected many investors from investing. Do you think bear run will take more longer time?

I think bear market will happen until the next year,
As usually, before bitcoin halving we will always see the long bearish season.
But No matter, It is also good for buy and hold

[bayiajaib]

Bitcoin price could drop lower than $17,500 usd, maybe $10k usd due to unpredictable market situation, for now doing DCA is a good thing, hope in 2024 the price will go up more than $60k usd, because I believe Halving Bitcoin will change everything

I agree with you, try crypto price will go up at 2024 and will touch new ATH at 2025.
That's my prediction and I see many investors too.
We will see long bearish, But that's normal.

[coin_12345]

I hope that's the way it goes

[cheezcarls]

watching the market closely, it appear to me that the bear run is still far from being over, at least, getting to learn that Bitcoin has not bottom poses some form of worry to some of us.
Currently, there  are certain debate on the social media platforms by some analysts that predicted that BTC has not hit bottom yet even at $17,500; while many predicted that we are yet on it others thinks otherwise. Generally speaking, I think this situation has affected many investors from investing. Do you think bear run will take more longer time?

Of course we cannot predict on what would happen next in the crypto market. Despite that we are kinda stabilizing between $22k to $24k range, I couldn’t say that we’re out of the woods yet until we’ve got some kinda ala-Elon Musk type bullish news that would really make the crypto market go bull run.

But don’t expect that soon though. Once again, we just don’t know what will happen next as it is so unpredictable.

[Afony]

The situation now in the cryptocurrency market will be stable, and the market will slowly grow to the amounts that all cryptocurrencies cost.

[Anrate]

To be honest I think the bear market will continue for a long time now. The global unbalanced economies due to war and pandemic are going to sustain for some more time.

[DAMKAR]

watching the market closely, it appear to me that the bear run is still far from being over, at least, getting to learn that Bitcoin has not bottom poses some form of worry to some of us.
Currently, there  are certain debate on the social media platforms by some analysts that predicted that BTC has not hit bottom yet even at $17,500; while many predicted that we are yet on it others thinks otherwise. Generally speaking, I think this situation has affected many investors from investing. Do you think bear run will take more longer time?

You're right, I also agree bear market is far for ending.
Because It will happen until bitcoin halving.
I see many investors just buy and hold the coins during bearish, I think I agree with this way.

[I-Bit]

If this is based on a yearly cycle of bear run and Bullrun, yes exactly, the bearish market will be still ongoing at least until the next year. But, during the bear run, there will be some litle bit increase and decrease. SO if we are a trader, we can still utilize this market codnition to take position for short or long.

[Jaephoenix]

No one in his right sense would think the bear market is over. I or one wouldn't think it. The stats show it isnt. Yes, the market even gained some percentage today. But they may be wiped off in a few minutes of frantic trading. The sentiments are still hedgy

[KaliLinux]

To be honest I think the bear market will continue for a long time now. The global unbalanced economies due to war and pandemic are going to sustain for some more time.

I don't think any of these two factors you mentioned still have any effect on the cryptocurrency market, I however understand that some of us think they do. I believe without the war and the covid pandemic, the market would have still gone through its normal bear season as other times, so I believe that there will be a normal recovery after the natural bear season ends and this will further be confirmed after the next Bitcoin Halvin.