Next scheduled rescrape ... never
Version 2
Last scraped
Scraped on 14/04/2025, 17:12:19 UTC
I doubt that we have entered a bear market, even though we are still in a correction.
sure it is possible, but I doubt it.
We have been in a bullmarket since November 2022, and it was not confirmed to be a bull market until either mid-2023 when we bounced pretty well above the 200-WMA, or perhaps sometime in late October 2023 when we clearly bounced way above the 200-WMA.
We have not yet bounced out of our current bull market.
If we get into the lower $60ks and stay there, then I might concede, but I still might not.
In bitcoin, a correction is not the same as going into a bear market, and we can ONLY be in either a bear market or a bull market. NOT both.... so it seems that we are in a bull market until we are in a bear market.. and it is too early to proclaim that we are in a bull market... at least from my perspective... but yeah, some guys just love to throw around meaningless terms and proclaim that we are in a bear market when we are not.
Bull and bear market is an indicator for Bitcoin market and you wouldn't know when exactly if we are in bull market or in bear market until takes some months of average candles because they are lagging indicators. They must happen before you can conclude we are in bear market or in bull market. The 2022 to 2024 is a clear example, while everyone will be speculating we are in bull run or in bear market, the market must have prints some candle before we see the bull run.
Take a look at this chat
Bitcoin was bottom around $15k in late November of 2022, that was the beginning of bull run but just like I said, it's lagging indicator and you wouldn't know until it happen first before you can say we are in bull run and it lasted till January 2025 where Bitcoin hit $109k price.
Is this the end of bull run? We can't really say for sure because Bitcoin price doesn't move in a straight line, it's a combination of high and low and from the chat, if things turn out well, Bitcoin price can still print more green candles and the trend can still continue to where it's going to another all time high.
Whats happening is just political differences but it wouldn't continue forever, these are short term obstacles that will be a bullish momentum in the market, forget about the billions and trillions of dollars that are been portray by the media that left, they never left they are just taken away to prevent short term losses, when the time is right again, they will inject them to the market and it will looks like like smart money free pump for both traditional markets and the Bitcoin market.
Version 1
Scraped on 07/04/2025, 17:17:12 UTC
I doubt that we have entered a bear market, even though we are still in a correction.
sure it is possible, but I doubt it.
We have been in a bullmarket since November 2022, and it was not confirmed to be a bull market until either mid-2023 when we bounced pretty well above the 200-WMA, or perhaps sometime in late October 2023 when we clearly bounced way above the 200-WMA.
We have not yet bounced out of our current bull market.
If we get into the lower $60ks and stay there, then I might concede, but I still might not.
In bitcoin, a correction is not the same as going into a bear market, and we can ONLY be in either a bear market or a bull market. NOT both.... so it seems that we are in a bull market until we are in a bear market.. and it is too early to proclaim that we are in a bull market... at least from my perspective... but yeah, some guys just love to throw around meaningless terms and proclaim that we are in a bear market when we are not.
Bull and bear market is an indicator for Bitcoin market and you wouldn't know when exactly if we are in bull market or in bear market until takes some months of average candles because they are lagging indicators. They must happen before you can conclude we are in bear market or in bull market. The 2022 to 2024 is a clear example, while everyone will be speculating we are in bull run or in bear market, the market must have prints some candle before we see the bull run.
Take a look at this chat
Bitcoin was bottom around $15k in late November of 2022, that was the beginning of bull run but just like I said, it's lagging indicator and you wouldn't know until it happen first before you can say we are in bull run and it lasted till January 2025 where Bitcoin hit $109k price.
Is this the end of bull run? We can't really say for sure because Bitcoin price doesn't move in a straight line, it's a combination of high and low and from the chat, if things turn out well, Bitcoin price can still print more green candles and the trend can still continue to where it's going to another all time high.
Whats happening is just political differences but it wouldn't continue forever, these are short term obstacles that will be a bullish momentum in the market, forget about the billions and trillions of dollars that are been portray by the media that left, they never left they are just taken away to prevent short term losses, when the time is right again, they will inject them to the market and it will looks like like smart money free pump for both traditional markets and the Bitcoin market.
Original archived Re: Buy the DIP, and HODL!
Scraped on 07/04/2025, 17:12:04 UTC
Political differences is not the cause of the sudden dip, but Trump increase of tariff on all imported good entering the US. This didn't only affected bitcoin price but it also affected the stock market too. As a new investor that's is still in his accumulation stage, this shouldn't be our concern but to continue buying and keeping your weekly DCA ongoing because of this is an opportunity to buy bitcoin cheaper. I was lucky to buy $200 worth of bitcoin today that the price was at $75k+. Keep stacking.