bearish signs

[bitterguy28]

the economic situation right now is really interesting with trump's tariffs and other countries fighting back, us stocks failing as well as regulatory uncertainty regarding eu and even trump's promise to adding bitcoin to the reserve the market seems to be unstable right now and generally not in a good place

we have been trying to figure out what could be bitcoin's next direction analyzing the events that are currently happening but now with bitcoin's price at $76k as time of writing, technical analysis indicate that if bitcoin fails to hold support of $73k we might see the bear cycle soon which we will see bitcoin drop lower than $60k

my question is how are you preparing for the expected bear cycle should it actually happen soon?

[Charles-Tim]

the economic situation right now is really interesting with trump's tariffs and other countries fighting back, us stocks failing as well as regulatory uncertainty regarding eu and even trump's promise to adding bitcoin to the reserve the market seems to be unstable right now and generally not in a good place

United States added bitcoin already to its reserve but in a way that bitcoin was not favoured. Bitcoin and other crypto prices dropped immediately after the announcement.

my question is how are you preparing for the expected bear cycle should it actually happen soon?

This is not bear market. Bear market has always start without bad news. This is Trump's doing and just that the market is retracing which will still be followed by bear market like in 2 or 3 months to come.

[Kemarit]

my question is how are you preparing for the expected bear cycle should it actually happen soon?

Just like what he have done before, be resilient, and still believed that Bitcoin will go up in the near future. We still have till the end of the year though to see what will be the market as we might be in the bullish state and that we should look for the long term or at least at the end of the year time frame.

And just continue to accumulate, DCA and then HODL. That's what has been the formula during the bear market.

[Fivestar4everMVP]

the economic situation right now is really interesting with trump's tariffs and other countries fighting back, us stocks failing as well as regulatory uncertainty regarding eu and even trump's promise to adding bitcoin to the reserve the market seems to be unstable right now and generally not in a good place

we have been trying to figure out what could be bitcoin's next direction analyzing the events that are currently happening but now with bitcoin's price at $76k as time of writing, technical analysis indicate that if bitcoin fails to hold support of $73k we might see the bear cycle soon which we will see bitcoin drop lower than $60k

my question is how are you preparing for the expected bear cycle should it actually happen soon?

I would definitely want to know how else we should prepare for the bear season if not to sit back and watch things as they unfold?
Oh well, I forgot that bear seasons are more catastrophic for Altcoin holders than it affects bitcoin holders..

Well, maybe Altcoiners  will have to sell most part of their Altcoin holdings and put the money in stables as a way to cub the effect of any intending or expecting decline in the price of cryptocurrencies as a result of weak bitcoin price movement.

But then again, this is also a decision anyone interested will be very careful making because no one is sure yet which side the market is headed, we likely see the price of Bitcoin climbing again in the coming weeks or months.

[snowpega]

the economic situation right now is really interesting with trump's tariffs and other countries fighting back, us stocks failing as well as regulatory uncertainty regarding eu and even trump's promise to adding bitcoin to the reserve the market seems to be unstable right now and generally not in a good place

we have been trying to figure out what could be bitcoin's next direction analyzing the events that are currently happening but now with bitcoin's price at $76k as time of writing, technical analysis indicate that if bitcoin fails to hold support of $73k we might see the bear cycle soon which we will see bitcoin drop lower than $60k

my question is how are you preparing for the expected bear cycle should it actually happen soon?

Well, really, mate, these situations are very frustrating where all the markets are down, even if it's the stock market, the crypto market, or the physical market. Everything is currently in a big loss. All that because of Trump's tariff imposition on all countries, which disturbs global markets. So, in short, there are still chances that these bearish signs will convert into bullish signs only if Trump and other countries come to a positive end after negotiation.

Because I personally believe that the bull market has not yet ended, I am still hoping to see the market back only if it follows the above-mentioned condition. what do you think?

[dave_strider]

I will just keep buying more and more BTC as the price drops more and more.

Simple as that.

[Jating]

I will just keep buying more and more BTC as the price drops more and more.

Simple as that.

I agree we don't need to complicate things, just keep on accumulating that's it. -30% from it's last all time high, for sure this a bearish sign, so technically we might have been entering this early. However, the fundamental remains the same, for us and if we look at the previous years, we've seen this kind of major dip. But still the market recover from that and then we see a huge bull run. In May of 2021, we have witnessed a -35% in just one month alone and yet in October +39% and that's the biggest and we hit that all time high of $69k. So if history repeats itself then maybe around November to December we will see the final top price for this bull cycle.

[rdluffy]

...
we have been trying to figure out what could be bitcoin's next direction ...

My opinion is that after ETFs, institutional investments and big whales out of the crypto world, the price of BTC and cryptos in general have become quite dependent on the whole economy, especially in the United States
So everything that happens in the US economy will probably be reflected in the price of BTC and it will be difficult for this relationship to take off
It's hard to know how long it will last, but as soon as the economy improves again, trade relations are re-established and liquidity returns, BTC will reach new highs, this is my guess

[tequilla_sunset]

...
we have been trying to figure out what could be bitcoin's next direction ...

My opinion is that after ETFs, institutional investments and big whales out of the crypto world, the price of BTC and cryptos in general have become quite dependent on the whole economy, especially in the United States
So everything that happens in the US economy will probably be reflected in the price of BTC and it will be difficult for this relationship to take off
It's hard to know how long it will last, but as soon as the economy improves again, trade relations are re-established and liquidity returns, BTC will reach new highs, this is my guess

Investors eventually will return with their pockets ready to fill up the gaps, on that, I can definitely agree.

Nothing would stop them once the fear is gone.

[rdluffy]

Investors eventually will return with their pockets ready to fill up the gaps, on that, I can definitely agree.

Nothing would stop them once the fear is gone.

Yes, I believe that
All investors want to protect themselves right now, let the storm pass, and try to find good opportunities without being so exposed right now
As soon as the economy shows signs of improving, the conflicts end and everyone comes to an agreement, the money will start flowing again

I don't think this “bear” will last that long

[target]

There are traders who already panicked and send all thier coins to stablecoins already. I'm not sure if I could do all these yet but I have allocated some on USDT just to be safe. I would be more interested in buy if the price finally dips to its lowest.

Some are already talking about how low it could go if this bear market continues. One that I'm afraid to see is 52k. I;d not be surprise but heck i would regret not sending them all to stablecoin when this happen.

[Aanuoluwatofunmi]

Why is everything being attributed to Trump effects on the market performance all because of the tarrif plan increase, I think it's more better we also look on beyond what can then from this time henceforth cause a barrier to the market performance on a bullish trend, because it seems to have settled below $80,000 and the people are not concerned on why this should remain here after the retracement it had the time it went back to $81,000 which we should now be more concerned about if we are now here to stay below $80,000 or planning to have another rising opportunity to pump it back above $80,000.

[0t3p0t]

I am not seeing this dip as the beginning of bear market but instead I think this is just a healthy pullback and I am seeing this to reach anywhere from $70k(ish) range and then go back up and this rise could potentially make new record of all time high.

[Asiska02]

the economic situation right now is really interesting with trump's tariffs and other countries fighting back, us stocks failing as well as regulatory uncertainty regarding eu and even trump's promise to adding bitcoin to the reserve the market seems to be unstable right now and generally not in a good place

we have been trying to figure out what could be bitcoin's next direction analyzing the events that are currently happening but now with bitcoin's price at $76k as time of writing, technical analysis indicate that if bitcoin fails to hold support of $73k we might see the bear cycle soon which we will see bitcoin drop lower than $60k

my question is how are you preparing for the expected bear cycle should it actually happen soon?

Not preparing for it because I don’t have a strong conviction of it happening soon. A lot of things needs to be looked into before such predictions are made, although we don’t control the market neither will those prediction serve as the actual guide the market will follow to obey its directions.

Bitcoin falling below $73K is still not enough for me to say we are going to see a bear cycle, why not $50K and below? That serves more reasonable and understandable. At that price, we have seen the market fell more than 50% from its current ATH, and not just 30% as $73K will give us.

[TravelMug]

the economic situation right now is really interesting with trump's tariffs and other countries fighting back, us stocks failing as well as regulatory uncertainty regarding eu and even trump's promise to adding bitcoin to the reserve the market seems to be unstable right now and generally not in a good place

we have been trying to figure out what could be bitcoin's next direction analyzing the events that are currently happening but now with bitcoin's price at $76k as time of writing, technical analysis indicate that if bitcoin fails to hold support of $73k we might see the bear cycle soon which we will see bitcoin drop lower than $60k

my question is how are you preparing for the expected bear cycle should it actually happen soon?

Not preparing for it because I don’t have a strong conviction of it happening soon. A lot of things needs to be looked into before such predictions are made, although we don’t control the market neither will those prediction serve as the actual guide the market will follow to obey its directions.

Bitcoin falling below $73K is still not enough for me to say we are going to see a bear cycle, why not $50K and below? That serves more reasonable and understandable. At that price, we have seen the market fell more than 50% from its current ATH, and not just 30% as $73K will give us.

Just like that, Bitcoin surges to $83k as the time that I write this post. So yeah, we are not yet in the bear market, this is just another correction that we are seeing and there are still hope that a bull run will eventually happen.

So for sure, seeing the price right now is a sign of relief for us, that the price is not going down so hard after all and that investors are also resilient and waiting for just one news that will push the market upwards again for this week.