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Author Topic: Has the bear market started?  (Read 6490 times)

Offline doc

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Re: Has the bear market started?
« Reply #90 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.

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Re: Has the bear market started?
« Reply #90 on: May 28, 2024, 04:28:57 AM »

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Offline Jamal Aezaz

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Re: Has the bear market started?
« Reply #91 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.
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Re: Has the bear market started?
« Reply #91 on: May 31, 2024, 08:03:41 PM »

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Offline LUCKMCFLY

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Re: Has the bear market started?
« Reply #92 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.
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Offline kulkhan

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Re: Has the bear market started?
« Reply #93 on: June 01, 2024, 09:40:30 PM »
No i Couldn't think bear market started. I think we are seeing correction period. Within short time market will come back and we will see real bull session. We saw previous bitcoin halving market position, after Bitcoin halving market were up gradually. I believe in this halving gradually market will up and it will continue.

So i think not bear market started but within short time bull market will start i believe it.
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Offline JoyMarsha

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Re: Has the bear market started?
« Reply #94 on: June 01, 2024, 10:17:05 PM »
According to history and what we have learned concerning the crypto market, we can point out instances that bitcoin is still in the journey of the bull run. Towards many months after halving, we will see bitcoin moon in price. For the time being, this is barely two months after the bitcoin halving, maybe in a few other months, the bull run market will manifest fully. For now, we will be experiencing a correlation of bitcoin prices happening between the range of $65k - $70k.

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Re: Has the bear market started?
« Reply #95 on: June 02, 2024, 12:34:26 PM »
According to history and what we have learned from it, we can point out instances that bitcoin is still in the journey, months after halving, we will see bitcoin moon in price. For the time being, this is barely two months after the bitcoin halving, maybe in a few other months, the bull run market will manifest fully. For now, we will be experiencing a correlation of bitcoin price happening between the range of $65k - $70k.
Yes, we will see bitcoin reach top ATH, it's only a matter of time after the halving.  Even though many people panic because they think this is a bearish season, they have to look at Bitcoin's behavior after the halving, it took a year to reach Top ATH in this 4-year cycle.  So it's best to keep holding and adding to our coin collection to look forward to the bullish season.

 

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