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

[Mr. Magkaisa]

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.

        -     Like the analysis I did last week on bitcoin, where I thought it might just try to touch $100k and after touching it, it would immediately retrace and I wasn't wrong in the analysis I did, where yesterday it touched more than $100k but $103k something and after that it immediately traced $92k+ last night.

And I think this will continue to correct deeply, and this is another opportunity for other traders or holders to buy back depending on what they see in the technical or fundamental analysis they do.

[MRY]

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.

It is always interesting in the cryptocurrency market and, therefore, one should not be surprised when prices vary. I was able to understand this better because a lot of times it is possible to observe momentary declines and resets before a more positive movement can be seen in the future. While the price has climb up to the predicted top of $100k, this is not an indication that they will stop here. It is therefore possible to understand than small corrections can in fact be a good event to reconsider the future steps.

As we have seen in such circumstances, looking calm enables us to make sane decisions. We can keep on searching for information and trying to keep track of whatever we find concerning the factors that shape the market. As long as we remain logical and act based on mathematical models we will be maximising gain while minimising risks. The ride in the crypto world is more of a marathon and not a sprint and as such one will need to be as patient as he or she is balanced in the market.

[LUCKMCFLY]

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

Well it has already reached the $100k level and now things are Different , because they are waiting now for that beautiful bull run, this December has been very profitable , many did not believe it but yes, and be careful this is not the etf effect or anything for those who say it was not Because of Trump that the price was not boosted, that was where it all Started , also the level of Confidence was very good on Trump's part for investors, if a country as Stable as the USA becomes Pro BTC , this will be great for many, it is the best economic technology that has ever Existed.

[electronicash]

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

Well it has already reached the $100k level and now things are Different , because they are waiting now for that beautiful bull run, this December has been very profitable , many did not believe it but yes, and be careful this is not the etf effect or anything for those who say it was not Because of Trump that the price was not boosted, that was where it all Started , also the level of Confidence was very good on Trump's part for investors, if a country as Stable as the USA becomes Pro BTC , this will be great for many, it is the best economic technology that has ever Existed.

there's always two sides to watch out for the market though.  all these noise that Trump effect could be true because its been going on for months already. the long campaign he did already made BTC's uptrend.

what will be a big surprise for the hodlers is that just when Trump is about to be inaugurated, BTC will fall while we still think its just a shakeout, we'd be betrayed by the market when a few weeks later the market is confirmed to have turned bear.

what i can see is that altcoins hasn't touched their ATH. it may be interpreted like bull market is yet not over or altcoins are just not hitting it this time.

[rizqillah]

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

Well it has already reached the $100k level and now things are Different , because they are waiting now for that beautiful bull run, this December has been very profitable , many did not believe it but yes, and be careful this is not the etf effect or anything for those who say it was not Because of Trump that the price was not boosted, that was where it all Started , also the level of Confidence was very good on Trump's part for investors, if a country as Stable as the USA becomes Pro BTC , this will be great for many, it is the best economic technology that has ever Existed.

I agree with you a, the increase in bitcoin this time is due to the effect of trump winning the US presidential election, this is a fact that we see. but currently bitcoin is experiencing a correction and the price of altcoins is also starting to fall.
so we should still hold our coins if we haven't had time to take profit or if we still have capital we can buy more potential coins to prepare for the next increase next year.

[sampoerna]

I agree with you a, the increase in bitcoin this time is due to the effect of trump winning the US presidential election, this is a fact that we see. but currently bitcoin is experiencing a correction and the price of altcoins is also starting to fall.
so we should still hold our coins if we haven't had time to take profit or if we still have capital we can buy more potential coins to prepare for the next increase next year.

Yes, actually this is a very common thing to happen after such a rapid increase there will definitely be a correction. Fortunately, Bitcoin's correction is not too deep. It's just that, for some top altcoins, it can be said to be quite deep. but yes, it is still within reasonable limits.

The worst possibility is that more and more people are panic selling because of this correction which makes the prices of several altcoins even more destroyed. Especially at the end of the year, there is a tendency to sell crypto for several things.

However, I am sure, hopefully, more and more people will be aware and ready for the market correction which is part of the crypto market cycle, which should be able to be faced more calmly and not cause huge panic selling.

[emmybd]

Although Bitcoin and other altcoins have been down for the past few days. But I don't think that bearish trend will set in. The market will keep fluctuating up an down for some time in the near future.

[jeraldskie11]

Although Bitcoin and other altcoins have been down for the past few days. But I don't think that bearish trend will set in. The market will keep fluctuating up an down for some time in the near future.

I don't believe that bearish season is soon to happen because the bull run is just starting, but it's very possible the huge retracement will happen soon. This may look bearish to others but in reality, it's not. It's part of the bull run to send the price higher, and it can be also a sign that the bull run is going to end. Maybe in the late part of 2025 the bearish season will start because that time investors are starting to sell their assets that they hold for a long time, that's my thoughts.

[LUCKMCFLY]

there's always two sides to watch out for the market though.  all these noise that Trump effect could be true because its been going on for months already. the long campaign he did already made BTC's uptrend.

what will be a big surprise for the hodlers is that just when Trump is about to be inaugurated, BTC will fall while we still think its just a shakeout, we'd be betrayed by the market when a few weeks later the market is confirmed to have turned bear.

what i can see is that altcoins hasn't touched their ATH. it may be interpreted like bull market is yet not over or altcoins are just not hitting it this time.

Well, some people think that when he takes possession it will fall? I personally think the opposite, that when he takes possession the price will go up , I know there is a lot of Speculation Regarding that, but I say that things can be different when we are thinking what can happen? I have it clear, if BTC can be increased, it is the best thing I can do, if the price falls, it does not matter, we have and can buy more, it is expected that it can reach $150k and that is what motivates many to Continue Applying the DCA method.

[enwi]

there's always two sides to watch out for the market though.  all these noise that Trump effect could be true because its been going on for months already. the long campaign he did already made BTC's uptrend.

what will be a big surprise for the hodlers is that just when Trump is about to be inaugurated, BTC will fall while we still think its just a shakeout, we'd be betrayed by the market when a few weeks later the market is confirmed to have turned bear.

what i can see is that altcoins hasn't touched their ATH. it may be interpreted like bull market is yet not over or altcoins are just not hitting it this time.

Well, some people think that when he takes possession it will fall? I personally think the opposite, that when he takes possession the price will go up , I know there is a lot of Speculation Regarding that, but I say that things can be different when we are thinking what can happen? I have it clear, if BTC can be increased, it is the best thing I can do, if the price falls, it does not matter, we have and can buy more, it is expected that it can reach $150k and that is what motivates many to Continue Applying the DCA method.

When we analyse the market behaviours, one can expect many other things that he or she would never think of. The key is what we do to put ourselves into a position and make sure subsequent procedures are followed accurately. Understanding the idea that BTC has a future and our further plan to keep investing steadily proves that we do not panic when something happens. Regardless of its overall potential price in the future, every movement allows maximising the results. It is a profit if the price goes up and if it goes down, we can use the opportunity to purchase more of them. This step creates confidence because we are not only obsessed with the most recent outcomes, but think of longer term potential.

[LUCKMCFLY]

I agree with you a, the increase in bitcoin this time is due to the effect of trump winning the US presidential election, this is a fact that we see. but currently bitcoin is experiencing a correction and the price of altcoins is also starting to fall.
so we should still hold our coins if we haven't had time to take profit or if we still have capital we can buy more potential coins to prepare for the next increase next year.

Well, it's very normal for there to be corrections, that's what a healthy market does, but from what I can say everything is developing very well, what I can affirm is that we have to keep waiting, buying everything we can, the DCA method is the best thing to do, according to what many things can happen, but what I hope is that by January 20th it's likely that the price will go up when Trump takes office. That's what I think can push the price up the most, I could say that when we are looking for a good option to win, I think now is the best, to buy little by little.

[Asiska02]

there's always two sides to watch out for the market though.  all these noise that Trump effect could be true because its been going on for months already. the long campaign he did already made BTC's uptrend.

what will be a big surprise for the hodlers is that just when Trump is about to be inaugurated, BTC will fall while we still think its just a shakeout, we'd be betrayed by the market when a few weeks later the market is confirmed to have turned bear.

what i can see is that altcoins hasn't touched their ATH. it may be interpreted like bull market is yet not over or altcoins are just not hitting it this time.

Well, some people think that when he takes possession it will fall? I personally think the opposite, that when he takes possession the price will go up , I know there is a lot of Speculation Regarding that, but I say that things can be different when we are thinking what can happen? I have it clear, if BTC can be increased, it is the best thing I can do, if the price falls, it does not matter, we have and can buy more, it is expected that it can reach $150k and that is what motivates many to Continue Applying the DCA method.

At this point, I am not thinking that people are still accumulating bitcoin since the bitcoin bull run is already on a full scale movement. If we are anticipating for the $150K this bull run, then to continue the DCA method in investing into bitcoin is the best thing now. The market is very unpredictable and I feel that the fear of it not reaching that price will discourage some people that haven’t invested earlier to invest now, they’ll just wait to the bearish market and start there DCA against the next bull cycle. It’s actually a big gamble to invest now as the market is already in a bullish trend but if the idea is to invest fine the long time, it’s very good.

[alltalk]

I don't believe that bearish season is soon to happen because the bull run is just starting, but it's very possible the huge retracement will happen soon. This may look bearish to others but in reality, it's not. It's part of the bull run to send the price higher, and it can be also a sign that the bull run is going to end. Maybe in the late part of 2025 the bearish season will start because that time investors are starting to sell their assets that they hold for a long time, that's my thoughts.

Agree. It is very unlikely that we will have the bearish season very soon. Everything looks like in the similar patter of the previous cycles. Although it is not 100% the same, at least the scenario isn't so different. 2024-2025 will be the time for bullish season, it is not the time for bearish season. If we have some correction, it is the sign of the bigger bullish in crypto prices.

[Stuart]

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...?

That I think is a brief set up for new entry, as the big profit takers, took some chucks off the market, setting new entries against another ATH. The price of Bitcoin has gotten to the highs of $108k+ and is now facing a drop in price, which will later face another little consolidation for a new ATH. This could continue for a while until the end of the year.

We might not be facing a bearish season towards the end of this year, as the year will end well with the price of Bitcoin having a promising result. The first and second week of January 2025 will give another milestone for the crypto industry. With positivity in the air, we could be seeing a promising price before and maybe hours after the inauguration of Donald Trump, who will definitely speak concerning crypto currency, no matter how little or short about the crypto market.

With every drop in price, it is the right time to buy some as much as possible, cause with every single green candle, profits are made (for the investors or holders). Only the traders can make profits from any side the market decides to go.

[Mr. Magkaisa]

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...?

       -      If I base it on the current market situation, it seems like it's still far from a bear market, literally speaking, I'm saying that maybe in 2026 the bear season will happen. Because as we enter 2025, we're obviously not even halfway through the bull run in my opinion.

We're not yet in the take off momentum of the bitcoin price, what's happening is just a temporary rally, and we're still not in the altcoins season as well, so investors are just waiting on their holdings right now, to be honest.