Post
Topic
Board Bitcoin Discussion
Re: Bear market likely over?
by
Lanatsa
on 26/12/2022, 23:47:00 UTC
The representative reaction of a bear market is market sentiment, which is currently at an all-time low. Everyone's confidence has been severely lacking, so there is no need to say some words of encouragement. But I think this is a normal phenomenon, although the price of bitcoin has gone from 68000 to 17000 now. I have a hypothesis, if the Russo-Ukraine war continues, the world becomes more chaotic, the US is involved, and the US has always maintained a positive attitude on the Taiwan issue. Then the Russian Cuban base is restarted. Then the price of Bitcoin will be even worse, and if it happens, it is no longer a question of whether it is a bull market or a bear market.
Words of encouragement is needed in times like this where people's confidence is getting lower but there are some experts who didn't do it because doing so can make the price recover again. They could only do this later on once they are done buying more coins.

Yes, situations like this are normal but bear market are the ones who are inevitable while the frauds and scams happening around can possibly be avoided. Russian-Ukraine war is an old issue and people have already recovered from that but there are more latest issues that we are currently facing which contributes to the fall of the market. No, the bear market isn't over yet and it might take some time for it to end so all must have patience.

Yes this is a very important points, crypto experts and whale's will try to keep silent or even spread some indirect fud to keep the price at low levels so they take the opportunity to buy the dip, elon musk said " Bitcoin will make it but might be a long winter " and that's a perfect example of a soft FUD
Influencers try to benefit out of the market FUD. This time we won't experience any big movement out of the Influencers, because the proper learning have made people believe in cryptocurrency and hold even when more negative news got rolled around the market. In the past in such situation more number of users leave the market. Nowadays it is hard to see users leaving the market for which new users keeps getting into the market.
Or simply holding up their positions and to those people who had made out mistakes in the past did eventually learn up and now when there's some sort of FUD or negativity around then people arent easily
making out some selling or panic selling of their stashes but rather remain holding and waiting up for the right time to do so.
This is why it didnt really result such devastating situation that we do have in the market and able to held up its price which is something considerable
despite for this market to have lots of fuds around recently.