Is this a sign of the bearish season or just a retracement?

[sampoerna]

It seems that many people are panicking with the drop in Bitcoin price today, indeed, the price has dropped very badly even to $ 90k, that's quite worrying. But be patient, it's just a market correction, and it's proven that the BTC price has gone up again and has even reached $ 97k again. No need to worry in this bullish era, because sometimes a correction is needed to balance the market condition before going up again.

Stay calm and never let panic drive you, because it will only harm our decision and our asset investment. sometimes, we will be too careless when being panic and not able to control ourselves. that is why we must train our emotional management much better to face whatever condition of the crypto market.

[_act_]

It seems that many people are panicking with the drop in Bitcoin price today, indeed, the price has dropped very badly even to $ 90k, that's quite worrying. But be patient, it's just a market correction, and it's proven that the BTC price has gone up again and has even reached $ 97k again. No need to worry in this bullish era, because sometimes a correction is needed to balance the market condition before going up again.

Even if bitcoin fall to $70000 that some analysts predicted but which was wrong, that does not mean we are in the bear market already. To the end of this year, to one half of next year or more, the market will not be bearish. One thing that some people may not consider is that in bull season, there are times that the market will not be good but not long that it will recover back.

[MrSpasybo]

Even if bitcoin fall to $70000 that some analysts predicted but which was wrong, that does not mean we are in the bear market already. To the end of this year, to one half of next year or more, the market will not be bearish. One thing that some people may not consider is that in bull season, there are times that the market will not be good but not long that it will recover back.

Yeah, we are in a bullrun and I also believe that 2025 will be the hottest time of this cycle. The growth process of BTC also needs many adjustments to cool down the market, as well as create support zones or test liquidity before continuing to rise and explore new higher price zones.

Currently, it is time to focus on investing by analyzing the market and seeking profit-making opportunities, rather than being distracted by fear. Stop-loss will address the risks, investors should also not stake tokens to be ready for profit-taking plans and exit the market as soon as there is a reversal signal. APR from staking is not enough to offset the risk of opportunity!

[jeraldskie11]

There is a very low chance that the bearish season are starting. What currently happening in the market is just a retracement, even if the price of Bitcoin goes down to $74k I can still see it as bullish, but for me it's unrealistic to reach that price now since the bull run are just starting. Maybe some people may see it bearish because they only see it in the small time frame, if you go to higher tf you can see that the price is uptrend. As of now, there is nothing to worry that much.

[doc]

There is a very low chance that the bearish season are starting. What currently happening in the market is just a retracement, even if the price of Bitcoin goes down to $74k I can still see it as bullish, but for me it's unrealistic to reach that price now since the bull run are just starting. Maybe some people may see it bearish because they only see it in the small time frame, if you go to higher tf you can see that the price is uptrend. As of now, there is nothing to worry that much.

Yes, the current price of bitcoin is on an uptrend, so if there is a decrease in the price of bitcoin, it will not be far, because bitcoin will go back up.
Although the altcoin season has not arrived yet, we should add to our altcoin collection in the wallet because when the trend is up like this, it is likely that the altcoin season will come soon.

[milewilda]

For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.

For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.

In your opinion is this a retracement or a sign of the bear season about to come in...?

You should always think off that market isnt really just that moving on one path on which we had seen recently that there's a price rally where Bitcoin do able to reach up new all time highs.
There are even having those predictions that we do able to hit up $200k in no time, but that $100k resistance or wall isnt something that would be so simply be break. This is why we've seen that rejection on that point and do make out some correciton on which this isnt really that a shocking phenomenon but rather this is really just that an ordinary day here on this space.
If you are that too impulsive then this market isnt for you but on the moment that you do gain up experience then you will really be getting used to it.

[LUCKMCFLY]

Things are always very common to think according to the market, the fact that it has not Reached $100k yet does not mean that things with the price will not go up, yes it will go up , but the market moves many times slowly, other times it is violent , it throws a great bullish sense and that is what differentiates the btc from other speculative markets.

Will it go down or not ? Or will it go up ? I think it will go up because I base it on the fact that in January TRUMP takes office, and this is something that can make the price go up in a big way, the market moves by emotions too, let's not forget that.

[nakmantu99]

Things are always very common to think according to the market, the fact that it has not Reached $100k yet does not mean that things with the price will not go up, yes it will go up , but the market moves many times slowly, other times it is violent , it throws a great bullish sense and that is what differentiates the btc from other speculative markets.

Will it go down or not ? Or will it go up ? I think it will go up because I base it on the fact that in January TRUMP takes office, and this is something that can make the price go up in a big way, the market moves by emotions too, let's not forget that.

I also hope that after trump is inaugurated the price will experience a tremendous increase, because trump is a supporter of bitcoin, he will likely make good policies for crypto.
ATH bitcoin is approaching $100K, although currently the price of bitcoin seems to have difficulty exceeding $100K, but this December we will see the price of bitcoin reach ATH $100K

[Aanuoluwatofunmi]

Till the end of this year, i don't think we are going to get out of the bullrun, the market has been showing strong resistance as well as a strong sentiment over the weeks now and the weaker side is going to let go for the other, which i see it that there is more possibility for bullish moves now than the bearish moves, lets still go for more bullish from now till the end of the year since we couldn't have any bearish sign for now.

[debra]

Even if bitcoin fall to $70000 that some analysts predicted but which was wrong, that does not mean we are in the bear market already. To the end of this year, to one half of next year or more, the market will not be bearish. One thing that some people may not consider is that in bull season, there are times that the market will not be good but not long that it will recover back.

I think it is unlikely to drop to $70k in the near future. Crypto market looks good enough, many crypto coins are still increasing their prices. Bitcoin may drop a bit its price, but it is normal correction. There is no big sign of bearish season to happen soon. We even may begin the big altcoins season. There are many people who already predicted that we will have great crypto market in this month and the early of the next year. Bearish may happen only in 2026 or the end of 2025.

[sampoerna]

It seems that many people are panicking with the drop in Bitcoin price today, indeed, the price has dropped very badly even to $ 90k, that's quite worrying. But be patient, it's just a market correction, and it's proven that the BTC price has gone up again and has even reached $ 97k again. No need to worry in this bullish era, because sometimes a correction is needed to balance the market condition before going up again.

Even if bitcoin fall to $70000 that some analysts predicted but which was wrong, that does not mean we are in the bear market already. To the end of this year, to one half of next year or more, the market will not be bearish. One thing that some people may not consider is that in bull season, there are times that the market will not be good but not long that it will recover back.

Therefore, people's panic may be especially for those who have just entered the crypto world, who do not really understand how the bearish - bullish season cycle process works, so they can easily panic when a market correction occurs.

And it is true, market correction is very necessary, for a more significant increase in this bearish area. And now, the price of BTC has started to return to $ 99k again, so the last few days have indeed been a special moment for those who still want to take Bitcoin when the price correction for the accumulation of the number of BTC they own is increasing.

We are already at the end of the year 2024 and we are really ready to wait again for the next year, for the top peak season of bullrun.

[Azharul]

For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.

For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.

In your opinion is this a retracement or a sign of the bear season about to come in...?

Firstly we know that crypto currency market is always depending on up and down. So i believe that you saw red candle in bitcoin price is not matter in cryptocurrency market. Because we know that bitcoin price is increase very good level in cryptocurrency market. We also saw that's US election is also be development in bitcoin price. We also saw that's bitcoin price is running near in $100k. So we know that sometimes it price will be increase or decrease is very simple matter in this time.

[jeraldskie11]

For the recent times it is certain that the Crypto market is experiencing a period of the bulls, the era of green candles and a spike to attaining new ATH both from BTC and most likely other ALTS including memecoins.

For the past few days watching the market I observed a drop in price of BTC whose ATH presently is $99,550, reducing to about $90,800. Not only BTC shew this declining but other ALTS including memecoins. The market witnessed the red candles.

In your opinion is this a retracement or a sign of the bear season about to come in...?

Firstly we know that crypto currency market is always depending on up and down. So i believe that you saw red candle in bitcoin price is not matter in cryptocurrency market. Because we know that bitcoin price is increase very good level in cryptocurrency market. We also saw that's US election is also be development in bitcoin price. We also saw that's bitcoin price is running near in $100k. So we know that sometimes it price will be increase or decrease is very simple matter in this time.

I think what you are saying is that the market always fluctuating. But for me the fluctuation of price matters, because sometimes the price will make an aggressive move especially to the down side. We are making money when the price goes up because we are investing, we make money through profit. So if we don't care when the price goes down, or we don't know what does it telling to us, we might end losing money. As of now, the bull run are just started and it is not always bull run, time will come that it will be ended. So it's better to know the reason behind the fluctuation of price in the market.

[Bobcrypto]

It would be  sad to see this going down already without seeing the alt coins reaching it's new ATH. A lot of traders will once again be disappointed to see BT didn't touched that 100k milestone they have been expecting since 2020.

Imo however, its unlikely to happen that bear market is about to start. I still can see tweets like Rumble network wants to purchase BTC and some news from youtubers about countries about to buy BTC.

In my opinion, it will not be sadden because even if Bitcoin continues it upward movements, it will remain very difficult for altcoins to pump except for a few coins that are moving with the Bitcoin trends. A continuous Bitcoin uptrends signifys that there is a higher demand and this will also mean a higher dominance rates.
Now, a market index with 86% dominance rate, as at today, will not pave way for altcoins market pumps. Obviously, we needed some stability on the Bitcoin market movements to guarantee a full altcoins Bull run. At least, an index dominance rate of between 47% to 49% rates can trigger the altcoins Bull run. This is my opinion.

[bayu7adi]

I think it's too early if the bear season happens this month, at least the bear season will happen next year Q2 2025 and that makes a little more sense, because I see there are still some big possibilities that will make cryptocurrency skyrocket again, and even though we are still in the euphoria of Trump's victory in the US presidential election this year... some good things can still be seen at least until early 2025, even though the price couldn't reach $100k a few days ago, it doesn't mean it will collapse soon... a little correction is a natural thing, considering the greed index for the crypto market was quite high a few days ago.

Relax and don't get easily provoked by the atmosphere, the most important thing is to always use your mind to control decisions, and look for more information about the movements that affect the cryptocurrency market.