Honestly, I don't view the market as a bear market right now.
Looks like the correction phase is wrapping up soon.
Global M2 supply is hitting all-time highs, and interest rates are likely to drop soon since inflation is cooling off.
I think it's a great time to scoop up more BTC at these prices.
Is everyone else getting ready for the BTC bounce back?
Longer term - 2 months plus I'm expecting a decent positive recover. It's just in the immediate term, while markers remain more volatile. For me it could go either way.
A 20-30% drop for crypto certainly isn't a bear market - if it were that'd be quite nice though. I think if and when we turn fully bearish again it'll be closer to a 60-80% dip from the new ath that's set.
There are conditions to be met if Bitcoin has to make another breakthrough or rally towards its ATH. A simple market recovery is not enough to push the price of BTC and the market sentiment goes crazy, IMHO. I read that there are strong institutional interest in Bitcoin. Like how Bitwise expands institutionalgrade access to Bitcoin and Ethereum with four ETP listings on London Stock Exchange, and the survey made by Coinbase that can be seen in this link show the strong interest of global investors by increasing their allocation to digital assets.
The Bitcoin bear market is not around yet, and the market may go either way depending on how the sentiment of the market develops in the next weeks. I think that the current Bitcoin market situation is a good opportunity for investors to hop in.
I do not know if the correction is over but I know bitcoin price may not fall below $75000 which I see as a very strong resistance. There is a strong resistance around $83000 now and there will be another around $80000 but a more stronger resistance around $75000 if there would be any fall. Bitcoin is a good asset for having this kind of strong support. I know that the second half of this year will be for the bulls. Bears at the time would have been turned to be bulls also.
People sees it as bearish trend because they're comparing it to the ATH. We've been like this every since and people have never moved on. But it is understandable because we want to see Bitcoin at good price every time the market is in bull run.
I am for a recovery for Bitcoin soon. But it will just move naturally because bearish trend isn't confirmed yet. If we'll base this on the historical charts, we're still in the bull run but it just so happen that these drops are normal and significant. The Q3 is going to be more interesting how people looked down now will have to look optimistic when it comes.
If you have a long term plan for Bitcoin, you can buy at anytime you can afford it. But if you intend to sell and collect profit in a few months, it's risky since the market is unpredictable. I also believe that we have not gotten to the end of the bull run. The price will recover but I can't predict the price it will get to and when it will get to the price. Just make sure you invest the amount that you can risk
But I am also optimistic that the market will recover if the global economy stabilizes from this tariff war and the Fed reduces interest rates.
We just have our all time high last January, and it's like just a couple of months. And so with that, I don't understand why people are shouting that we are in bear market when we have that kind of price movement.
And so yes, for me, I continue to accumulate Bitcoin. I know it's very hard to see that we are minus 20% from the last all time high, but this could be the perfect opportunity being presented to us by the market.
Perhaps what I'm looking is that maybe the last quarter will be big for us as we might see that parabolic rise that we all have been waiting to see.
Same here, I think this is just another momentary lull in the market. We are still in the heart of bull run, even though that the price is going on a correction since reaching all time high.
There were even news that the interest rate are going to be cut. And if that happens, it's going to be a big catalyst for the market again.
Right, prices is still a discount and so with that it's better to buy right now as it is cheap. Just think of it this way, if the price goes up to $150k-$180k as predicted, it's going to be a huge profits for us. So just stay calm and relax and continue to stack sats.
Some time ago there was a weakening if I remember correctly the price of bitcoin reached 72k and this was due to the trade war and now BTC is starting to stabilize at 84k but the tendency to decline again could still happen I just feel the bearish phase has not happened yet but when it will happen I don't know.
My benchmark is simple if the price touches 100k I will slow down the portfolio by reducing purchases because I use DCA and currently the price of BTC at 84k is in the category worth buying to increase the stack for investors.
Because it's not. People just panic a lot and create problems that are not there. I understand that Bitcoin going down to $75k from $90k in a bull season is not ideal, but it's not new, and it was not for nothing. The whole financial market was down. Gold was the only exception. So I don't get what the overreaction was all about.
We shouldn't pin the success of bitcoin on one person. Bitcoin has faced worse odds. It has literally overcome a lot to get to where it is, so little things shouldn't scare us that much.
Also, people usually forget that bitcoin fluctuates. It will not just continuously go up till it gets to an ATH. It will fluctuate, up and down, till it gets there.
What are your arguments? I think you need to justify your vision.
What is this assumption based on?
But that hasn't happened yet, has it?
Buying more bitcoin has always been attractive. Considering that even having bought at the peaks, after a couple of years it turns out that you have invested successfully.
Upcoming when? In a year? In 10 years? You should give more precise dates. Do you mean this spring? This summer? Fall?
Expecting is one thing, but how it will actually be is quite another. I assume that as soon as the "Fed printing press" that Trump is putting pressure on turns on again, a new wave of money will flood the market and this will accordingly affect the price of bitcoin. Of course, in the direction of appreciation. But it will also cause inflation. And a curious situation will occur: on the one hand, bitcoiners will become richer, and on the other - poorer.
The question is when the new money will be released and how quickly after that this money will be poured into bitcoin.
It is going through a correction phase. The reason Bitcoin is attractive is because it has the potential to increase its price aggressively in the future.
The global inflationary impact will most likely be there but long-term investments are unlikely to have any external financial negative impact.
For new Bitcoin investors, the correction period is the right time to start accumulation. If you are new to Bitcoin, you can start accumulation Bitcoin regularly in DCA method with a target of 4-10 years.
Buying with DCA is the best strategy right now.
Because as we know Bitcoin has been very volatile lately, the trade war triggered by the US is one of the reasons the market has decreased significantly, impacting not only the economic sector but also crypto, especially Bitcoin.
Even the $90k price is quite difficult to breakout again, Bitcoin is only sideaway in the $75k - $88k range, waiting for the moment BTC returns to ath, hopefully it can happen before the bearish market really comes.
Determining whether the market that caused the Bitcoin price correction will end soon and then the price will increase drastically is not my expertise even though I have been trying to learn it for a long time because from my active experience, no one is an expert in this field.
From the data sources that I see and study only use it to analyze not to confirm, Bitcoin will reach a good price in 2025. The correction will not touch the price level below $ 60k. The price of Bitcoin in the correction that has occurred so far, in my opinion, is still safe for me because I believe that there will be a moment that makes the price go up again.
If the bear market comes we should notice, anything that makes us experience bear market has altered our hopes of seeing Bitcoin make an ATH.
Trump and tariff plans has speculated for long, each was said to be the concern why we experience sudden dips and raise, it constantly repeats throughout out first quarter of 2025, we are in the second quarter and things are expected to see a turnaround, sooner or later.
I don't know about the inflation easing part, but the M2 doesn't lie. I would be very surprised if Bitcoin doesn't make a significant move upward this summer. By Q4 we should be seeing several states and foreign governments buying, as well as possibly the Fed. Not to mention more and more companies seem to be getting off 0 every day. There's plenty of reason to be worried this bull run is over for the cycle, but there are more reasons to be bullish if you ask me. I think a retest of the highs is incoming in 2025.
Have same opinion except I already opened my position because I thought the previous dip were the best time to not get left behind when bitcoin making parabolic move and prove that current dip is nothing but a bear trap.
People can't reduce their exposure to risk and keep their money in fiat forever anyway, at some point they'll find hedge against inflation again as usual.
I'm betting that by the time when things get better around the end of Q3 we will easily bitcoin at $100k, I'm definitely optimistic about it.
The market is on the way although we see the price still up and down and making people worry. Yes, this is the time to buy more Bitcoin as we see the price still below $100k. Those who realize that Bitcoin price can jump anytime will want to buy without delay for more.
If they think that they have a chance to buy at a low, they will just do that and hold it. The price now still in a low price so that will be good for us to keep buying and hold. While the correction can come anytime, we should prepare ourselves and be ready with our money so we don't miss the chance to buy at another low price.
I don't see it either.
Those who are panicking when the market is going down are those beginner investors and those who just saw Bitcoin moved that way for the first time in their investing journey.
We can't blame them though, but if you're in the crypto space and yet, you're panicking or thinking the same as beginner investors does, there's something wrong with you already. Like you, I also see that maybe the low of $74,000 might be the lows of this correction already. I might be wrong though because there's still an opportunity that we might see Bitcoin go as low as $70,000 still. I believe that we will not though as long as there isn't any bad news coming up.
I already accumulated some Bitcoin at near lows, and I'm ready to sell it when Bitcoin reaches $100,000 again... or will it?
Honestly, what are we even doing with our case if not for bidding asset with good historical performance to beat the inflation, the M2 supply reaching ATH across the globe is a proof that we need to do something different.
Now that the price of bitcoin getting affected by trump's tariff, I can see it's the best time for now to buy bitcoin.
I'm myself already converted big share of my liquid/cash to crypto and stocks, although people are so afraid of tariff, but keeping money in cash will also lose its value overtime. Might as well do something drastic.