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Author Topic: Are we about to enter a the bear cycle?  (Read 2828 times)

Offline Kemarit

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Re: Are we about to enter a the bear cycle?
« Reply #60 on: March 22, 2025, 01:12:21 AM »

I am refusing to believing that the cryptocurrency industry would soon be entering the bearish cycle...look we still have to experience the altseason period so if ever this can be true for me this can be so unacceptable. Yeah, the problem is that I am not powerful enough to change the course or the path the crypto industry would be taking anytime. The recent slump can be due to the fear of the effects of the possible trade war of USA with Canada, Mexico and China but I have faith that everything would be threshed out at the end on this matter. My mind is quite fixed that 2025 will be a bull season throughout so I am not entertaining right now this suggestion of a bear...this can not be and should not be.

Well, there are bear market speculation from those that uses speculations as their mean of trading/investing. However, nothing can be ruled out on the crypto economy, and I won't be surprised if the market turns Bearish because of too many panic sellers and newbies who no have experience nor knowledge about the matter.
In my opinion, the bull run is still active but the Bitcoin price situation for the past one month has been side ways movements. The strong support is $78k to  $$75k, and the resistance is at $85k. Hopefully, there should be a break out to either side in the coming days.

It you have to look at the previous cycle, what we have right now is very different, we have the ETF hype that push the price to a new all time high pre-halving. So that is the first time that we witnessed that. And so if you will count, we have a long bull run already and everything on the previous cycle has been change ruin by it. That's why there are speculators, not just for means of trading or investing, that they see and predict that we might be already in the bear market.
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Re: Are we about to enter a the bear cycle?
« Reply #60 on: March 22, 2025, 01:12:21 AM »

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Offline Blaze

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Re: Are we about to enter a the bear cycle?
« Reply #61 on: March 22, 2025, 01:16:36 PM »
It you have to look at the previous cycle, what we have right now is very different, we have the ETF hype that push the price to a new all time high pre-halving. So that is the first time that we witnessed that. And so if you will count, we have a long bull run already and everything on the previous cycle has been change ruin by it. That's why there are speculators, not just for means of trading or investing, that they see and predict that we might be already in the bear market.
This is evident from what is happening now bearing in mind that the market is dynamic, and continues to transform. Where there used to be familiar trends, there are now emerging novelties which are represented in the form of effects from a very large ETF. From the above discussions on the record-breaking price action before the halving it has been seen that the current environment is quite different from normal times and the rising trend to drive many to consider what constitutes a normal cycle. It is only natural that people are beginning to look at this apparently differently, because a reference point itself is no longer being employed in the same way.

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Re: Are we about to enter a the bear cycle?
« Reply #61 on: March 22, 2025, 01:16:36 PM »

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Online Bobcrypto

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Re: Are we about to enter a the bear cycle?
« Reply #62 on: March 22, 2025, 01:36:04 PM »
No, 109000 was not ATH so we are still in a bull market that will lead the price to higher levels of $110k, the current correction is healthy and beneficial for the long-term trend of the price. You can start to worry if the price drops below $60k.

So far $10900 was the last ALL TIME HIGH that happened in January, though Bitcoin has made several attempts to surpass this level but hit resistance at $104k, then it dropped below this level. Again, Bitcoin dropped below$100k and has been struggling on this level for over one month, even below $80k.
However, there is no signal yet to confirm a bear market, though, some analysts thought that a break below $75k could confirm a full bear run.
In addition, there are other experts thoughts on a possible uptrends movements, with Bitcoin likely to touch $100k before another dip.

 

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