WHEN WILL THE CURRENT BEAR MARKET STOP 05/09/2020

[tonymillions84]

Since Monday, the crypto market faces a bear run that sees huge bitcoins been push to exchanges to sell off. the market is facing an epic fall and prices keeps dropping as we enters the bear market phase. for how long are we going to see this senerio. we might see bitcoin go back to 8500 while ethereum goes back to 290.

[jassi.21jaspreet]

Yes I agree with you that btc will go to 8500 usd and if we go below 8500 than there will be free fall to 6000 USD. Eth aslo will be 250 USD according to me.. after that it will take the moon ride by next month..

[MrSpasybo]

I don't think the price of BTC can fall to $8.5K so easily, I think the market will reverse when the price of BTC falls below $10K. I still think that the fair price of BTC in 2020 is only $10K, less is too low and more is too high.
We still do not know what causes this decline, it may just the whales take profits after the wave.

[hair]

Bitcoin price movements are very difficult to predict, maybe currently bitcoin price is in a period of resistance. Declining market demand could make bitcoin price decrease, but I don't think it will last long. I believe bitcoin can keep its price around $ 10k- $ 11k. Imo

[Cryptoz]

Yeah, how poor the price of all coins are dropping now. I guess all crypto holders were happy and expect a big dream several days ago. But now I assume many of crypto holders are disappointed with the current bear market. Well, too many people sell their coin hastily. Why the don't wait till Bitcoin price reach $15K to trade the coins. Emm, the bearish looks like to take some weeks. 

[hushpupppy]

Since Monday, the crypto market faces a bear run that sees huge bitcoins been push to exchanges to sell off. the market is facing an epic fall and prices keeps dropping as we enters the bear market phase. for how long are we going to see this senerio. we might see bitcoin go back to 8500 while ethereum goes back to 290.

Well, a price retracement is taking place, and even though several people expected this since, no one could predict outrightly. So the bear market is also unclear to some extent. As a trader or investor, this is the time to monitor close the price charts, market movement, market emotions, to act as guide as you invest or trade this bear market.

[I-Bit]

we might see bitcoin go back to 8500 while ethereum goes back to 290.

It is possible but I don't think Bitcoin price will drop to $8,500 very soon. The price is indeed decreasing gradually, but there is still a bit of increase sometimes. Let's hope that the drop won't below $9,000 to make the next soar faster. I doubt the bearish time will last a long time if the drop reaches $8K.

[Istiak]

you believe it or not I was expecting something like this. Thats why I keep myself away from those projects that came into the hype. When others investing heavily in those projects and gaining huge profit I stuck to my plan and happy with my little gain. Now those peoples are taking a huge losses. We can't predict the crypto market 100% so it's hard to say when it will be over.

[Delgado]

I consider the current price decline not as the onset of a bear market, but as a planned and predicted price correction in the cryptocurrency market. I don’t think Bitcoin can drop to $ 8500 right now. Perhaps everything will end with the current fall. However, no one can know for sure. The main thing is that there is still a significant growth in the cryptocurrency market ahead of us.

[Andruha1993]

I think the fall will soon stop (it has already stopped). Therefore, now we only have to wait for the bulls to come to us again. I think this will happen soon.

[trauchot]

Before this cryptocurrency market correction, there was a good growth of all cryptocurrencies and now we need to wait for the correction to end and most likely it will be soon and I think that in December this year there will already be another cryptocurrency market growth.

[AllSii]

I think that tomorrow after the opening of the stock market, the price of cryptocurrency may fall even further if a mass sale of securities begins.

[shadowdio]

Well who knows it could go down further, Bitcoin was down so much and the other cryptos affected, well let's see what is the next move of Bitcoin.

[LogiC]

Well who knows it could go down further, Bitcoin was down so much and the other cryptos affected, well let's see what is the next move of Bitcoin.

The 10k support seems to be strong enough to break. I think that it cant beat the bulls for now. I am positive that this will be the next try out of bitcoin to break 12k and maybe can be continously until we experience the bull run.

Bear market seems to do a heavy lifting but Im afraid they will not win this cause people are likely to fomo on the upcoming bull run.

[TERMINO]

Currently, Bitcoin price is $9,992.79 just awhile ago it was $10,052. We don't really know until when this bear market. So hard to predict the exact things to happen because it is possible the opposite direction may happen.