Is $BTC heading for $90k+ or are we stuck in a bear market?

So are we really facing a bear market again? I came across a post from an influencer that caught my attention. If what they said is accurate, it could mean that $BTC might shoot up to $90k+ soon. This could end up liquidating a bunch of folks who are already holding LONG positions. What do you all think about this?

No. That most likely, with a high degree of probability, the premise on which you are basing your argument is false, so there is no need to worry about the conclusion. And if you invest in bitcoin as you should, for a minimum of 4 years but with a view to decades ahead, you will worry even less.

I don't see anything surprising if Bitcoin drop to $90K because I'm sure then it will bounce back and break the last ATH ($123,000). That psychology of a market cycle is no longer relevant in Bitcoin, it already survived from two big price change in 2017 and 2021, many people including institutions are trust in Bitcoin. The number of people who long and shorts Bitcoin are almost equal, the market is healthy https://www.coinglass.com/LongShortRatio

Bear market at $113k while the top for this cycle is $120k. If this is the kind of bear market that we're back then I'll choose this type. Bitcoin even plummeted to $76k after hitting $100k+ and that's why it's able to get back on the top and made a new peak for this cycle. While there will be contents the usual from these creators, don't be too emotional with everything they say because you'll likely to get triggerd and emotional by their analysis.

No need to panic because it has been on records that whenever the price of bitcoin starts falling, many people do speculate the price to fall continuously but do we need to worry if the price goes down to $90k? i don't think so because it will present opportunities to buy more DIPs before the price will bounce back again. When Donald Trump announced that he will place 15% tariffs on UK goods i already knew that it will cause a DIP in the price of bitcoin because last time when he imposed high tariffs on Chinese goods and some other countries the price of bitcoin suffered great fall so am not surprised with the current fall and even if it falls to $90k there is still no problem because i will BUY the DIP.

Bitcoin just reached 123K US dollars and it immediately fell down to 120K and has been playing between 116K and 120K. It just fell 36 hours ago from 116K down to 113K. Does this mean that we are in a bear market? Hell no. The price of the coin has steadily been going up and up. It's very normal and common for Bitcoin to experience some kind of correction when it reaches a new all-time high. I wouldn't worry for a single minute about Bitcoin's price, the bull market hasn't finished and nothing extraordinary has happened to crash the coin's price.

Before you consider this so strongly., I wannt to bring to your notice that these are all part of speculations , it doesn't matter who may be saying it, you too can look at the charts and from your inferences, you make a speculative suggestion as to what we should be expecting from the market within  a period of time. Recently Bitcoin doesn't seem to pattern exactly wit the cycle dynamics we have seen for years now in about over two cycles  and this has made speculative  insights more confusing and somehow filled with so many doubts , Bitcoin can still fall back to a place below$100k but I don't want to believe $90k is a position it will slide down so fast to. It may get to $97k at most due to mybown analysis but let's hope it doesn't get too bad that it liquidate too badly because the difference from it's current position now to $90k is just too much and enough to cause some massive accounts liquidations.

We may not be heading for a bear market right now. If you are expecting Bitcoin to always be at a high price, you are wrong. The nature of Bitcoin price is that it will fluctuate. We naturally see that when Bitcoin price starts to fall more and more, we see a big pump a few days later and it creates a new ATH. From $110,000, we saw Bitcoin drop below $100,000 and from there we saw it rise again to $123,000. Don't be discouraged by this market decline, rather we may be seeing a big pump that is capable of creating a new ATH.

To be honest, i must say that nothing is impossible in this world, especially when it comes to Bitcoin. We have seen Bitcoin continue to grow, with more and more people becoming familiar with Bitcoin (BTC) every day, and its adoption expanding not only among individuals but also among many companies and institutions that continue to accumulate Bitcoin (BTC). This has led to prices continuing to rise over time, as we have seen prices break through previous all-time highs (ATH) and create new record highs above $120k. Therefore, it is important to have confidence in the assets you hold, remain committed to long-term investments, so that even if the price of Bitcoin (BTC) drops below $100k, you won’t be concerned about it, as your focus is on the long term. If possible, continue to accumulate and apply the DCA method to maintain the consistency of your investments.

Don't mind them. Simply because the market has taken a slight nosedive, they've started painting the negative narrative. That is how they do. And if the market is climbing too, you see them calling $250k, $500k...they are simply naive and are hypocrites. All the evidence I can see is baseless, they are just the normal/general market psychology that drives sentiments. This can change over time because the market is dynamic. What is happening now is news/events driven, so I advise you to let the same news/events continue to guide you, while you are also conversant with the larger market chart/timeframe for the confirmation guide.

The decline that is currently happening is still quite normal. Bitcoin is at a price of $113k right now, and some people are starting to fear the directional change that is occurring. In a situation like this, it's better not to speculate for trading if your mentality is not strong. A decline to $90k may occur, but hopefully it doesn't go lower than $100k. However, there's no need to worry about this, as some people have already speculated regarding the price decrease that is happening. We can only prepare our next plan.

If you're a long term investor you shouldn't worry, even if the market is currently showing signs of a bearish trend. Bitcoin has gone through this kind of situation many times and then bounced back easily, this is the consequence of investing in volatile assets and you should use bearish moments as opportunities instead of panicking and hurting yourself. Also don't trust influencers too much; focus on your investments.

I would write "you must be kidding", but you open a topic based on some nonsense written by an influencer who wants a few more clicks... Since you believe in fairy tales, then look for the answer in the fairy tale world of famous influencers.

Now that the market tumbled down a bit, threads like this are popping out yet again just like what happened when Bitcoin went down to as low as $74,000 a few months ago, and when Bitcoin dropped below $100,000 during the Iran-Israel war. Just to answer your questions, no we aren't in a bear market, but we're just in a normal correction because at some point, there are investors who will sell their holdings, and take profit, and maybe include those investors who are panicking and they're selling even at a loss. I don't know about the influencer that you saying, but what I believe is that, the time that we only see Bitcoin at the $90,000 price range is when we enter the bear market season, and right now, we aren't in a bear market season. I hope that you didn't follow that influencer that you're saying. We are in a bull market season, and what you're saying currently is just a normal correction, and just like what's happening in the past, it will just go up again and will reach new all-time highs... or not, and you and that influencer that you're saying might be right.

A speculation remains mere speculation. Influencers are only interested in your engagement, they can go any length to chase clout. For long term holders even if price eventually returns to $90k there is nothing to lose because the goal is long term and for long-term investments short term fluctuations will always play out but if the season is near no one can accurately say for now. If it's $100k I won't doubt that because we have had a few retest lately.

Not yet. Bearish we still are! An influencer?! This now sounds very much unreliable because this is what most of these influencers are just good at, causing panic and FUD into the market with some unrealistic analysis. Even if bitcoin price is dropping right now it should be an opportunity to buy more into your portfolio as a pullback is imminent because we're still bearish.

It's too early to think of the bear market happening, whereas Bitcoin haven't reached the expected price some of us has in mind. Don't listen to what these influencer says about Bitcoin. Focus on your long term accumulation of Bitcoin and set your target price right, if to sell some parts of your Bitcoin or all of them, you will be the one to decide on that not on what influencer thought Bitcoin future would be like in short term.

Seriously I was expecting more of this threads since yesterday that market was coming down and I wasn’t disappointed, when bitcoin pumps you see those FOMO threads predicting high values for bitcoin and when it starts to actually drops or takes correction you see the FUD spreaders at work trying to speculate the bottom for bitcoin, I think anyone that has gotten into bitcoin even for a year now might have gotten used to this sentiment change. Bitcoin has actually been on an upward trend for a long time now and there shouldn’t be any surprises at all when this corrections are taking place, for someone who even understands bitcoin this is what happens when bitcoin is even about to create more highs. Yes we might be correcting most of this month but I certainly believe it is going to be the month one will catch some bitcoin at low prices before we head to some highs. But regardless of how low we will go I still don’t see bitcoin coming down to $90k for now, if bitcoin couldn’t get to this price while there was a band of war then it will take a high impact negative news to see it go there again,

The picture is stupid and so is the influencer. Bitcoin's peak prices traditionally happen at the end of the year. A simple check at https://www.coingecko.com/en/coins/bitcoin can confirm this and disprove this influencer. You can close this thread now. This just shows us that despite the economic situation around the world, too many people have too much free time to waste on things like this. Times are too good, that's why so many of them are able to waste time on useless speculation.

It is hard to say right now whether Bitcoin is in a Bear market or not. Because Bitcoin was already in a big uptrend, and Bitcoin was very volatile. Since Bitcoin had already hit a huge $123k ATH, and when it hits a huge ATH, the market goes into a healthy correction before moving into the next trend. And we are now in a situation where Bitcoin is correcting. And the influencer who shared this picture doesn't need to panic about it so seriously. These influencers keep sharing things, taking credit for their predictions if they are correct, and hiding and deleting the post if they fail. So keep an eye on the market, and use your own knowledge to make decisions so that you don't end up making the wrong ones.