Quote from: bettercrypto on November 25, 2023, 11:09:27 PM

Quote from: Rabata on November 25, 2023, 11:08:51 AM

Quote from: KFC786 on November 20, 2023, 04:32:33 AM

Hi guys I was wondering that Bitcoin crossed 37000 dollars is there any chances that Bitcoin bear market over and we might see good greeny day.
What are your thoughts 🤔💭

We have long been involved in Bitcoin's bearish market. If we estimate that Bitcoin price was at its lowest point in late 2022 at the end of the 2021 bull run, then we have definitely overcome the bear market. Although the market is yet to start that bull run, we could get it soon. However, since the crypto market is an uncertain platform, we cannot give absolute guarantees. As per the current market conditions we get the impression that we are slowly moving towards a bull market. Currently the price of Bitcoin is above $37k any time we see the price of Bitcoin touching $40k. I think this trend will continue until the next new ath.

You are correct about the length of time we have to wait during the bear season, but we are still in the cryptocurrency business. Of course, even if we have exited the bear market, there will still be a reduction in market prices. As a result, it will undoubtedly deviate from the trend.

Instead, an uptrend will occur, which we will undoubtedly see in the following days, weeks, and months. Profiting appears to be simpler in these times, and only those with trading understanding comprehend this.

How we do able to recognize or point out that we had already exited the bear market? 50% already on its ATH? There's no way that we could tell but at least it is really that good to see that we are really
making these gradual increase which is way more than that we had experience at the bottom which is on $15k which we are already x2.5 on the current price now and 50% to hit up that ATH.
Now that halving event is really that fast approaching then this is the only time i could say that we do able to enter the bull market but just like into those experienced ones where we do able to
experience that last dip before it would shoot up. The main question is on when it would happen? No one really knows and this is why it would be wise that we should really be
prepared some money for making some DCA.

Everything which is before the halving event cant be considered to be having that bull run. We do really need to pass first before we do assume
that we are exiting the bear trend. Somewhat it is really just that cant be too easy to tell on where it would be going and its a normal approach
that we would really be that continuing on trying to look for different entries and maximizing possible bottom.