Re: Bull market or bear market, which are we in?

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Scraped on 23/09/2025, 14:14:06 UTC

Quote from: Ota.collins on September 23, 2025, 10:00:56 AM

Where do you stand? Is the recent downtrend just a mere retracement? Or the beginning of the bear market?

This could be a retracement but I can't say if the retracement is temporal or if it is going to push the price up again to ATH. But at the moment for today's trade, the daily candle is showing a come back from bear, if that is sustained through out today then we could see price hitting around $114k in the next 48 hrs. Also, the hr candle and 4 hrs are taking the bull position. However, it is a speculative market and anything can change for the bear to continue.

Original archived Re: Bull market or bear market, which are we in?

Scraped on 23/09/2025, 14:08:47 UTC

Quote from: Ota.collins on September 23, 2025, 10:00:56 AM

Where do you stand? Is the recent downtrend just a mere retracement? Or the beginning of the bear market?

This could be a retracement but I can't say if the retracement is temporal or it is going to push the price up again to ATH. But at the moment for today's trade, the daily candle is showing a come back from bear, if that is sustained through out today then we could see price hitting around $114k in the next 48 hrs. Also, the hr candle and 4 hrs are taking the bull position. However, it is a speculative market and anything can change for the bear to continue.