Market Reactions: Bear or Bull?

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#1Sep 1, 2020, 06:51 AM
Not seeing this as a bear market tbh. Looks like we're nearing the end of this correction. Global M2 Supply is hitting all-time highs and interest rates should drop soon, plus inflation seems to be easing. Time to buy BTC at these prices! Anyone else feeling bullish?
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mikeseedFull Member
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#2Sep 1, 2020, 11:42 AM
I’m with you on the long-term view. In a couple of months, I expect a decent recovery. But right now? It's volatile. A 20-30% dip? That's not a bear market. If it turns bearish, we might see 60-80% drops from new highs.
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davekingFull Member
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#3Sep 1, 2020, 05:39 PM
To really get another rally, Bitcoin needs some strong conditions met. A simple recovery won’t cut it. There’s strong institutional interest right now. Bitwise is expanding access to Bitcoin and Ethereum, and a recent survey shows global investors are increasing their digital assets. Bear market isn’t here yet.
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shard_2013Full Member
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#4Sep 1, 2020, 09:19 PM
Not sure if the correction is over, but I think Bitcoin won't fall below 75k. That's a solid resistance line. 83k is tough too, but I see 80k as another hurdle. As for the second half of the year? Bulls are gonna take over.
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alpha2013Member
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#5Sep 3, 2020, 10:58 AM
People are acting like it’s a bear market just because it’s below ATH. That’s the thing, we gotta move on from that. I think a recovery is coming soon but it’ll happen naturally. Historically, we’re still in a bull run, and drops like these are normal.
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chain365Legendary
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#6Sep 3, 2020, 05:15 PM
If you're in it for the long haul, buy whenever you can afford it. But short-term trading right now seems risky. I think we haven’t hit the peak of this bull run yet. Just invest what you can afford to lose. I believe the market will bounce back once the economy stabilizes.
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#7Sep 5, 2020, 05:41 PM
We just hit ATH in January, right? So why the panic about a bear market? I’m still accumulating Bitcoin. Sure, it’s tough seeing 20% down from the top, but it might be the best chance we get.
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1t5_satNewbie
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#8Sep 5, 2020, 08:20 PM
Totally agree, this is just a temporary dip. We’re still in the bull run, just correcting after that ATH. If interest rates drop, it could reignite the market. Prices are still at a discount, so buying now could pay off big later.
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nova69Member
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#9Sep 5, 2020, 10:14 PM
I remember when Bitcoin hit 72k before, that was influenced by the trade war. Now it’s stabilizing at 84k. I don’t think we’ve hit the bearish phase yet. My plan? If it hits 100k, I’ll slow down on buying.
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kevin_bridgeFull Member
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#10Sep 6, 2020, 12:52 AM
Exactly. There’s too much panic over nothing. Sure, a dip from 90k to 75k isn’t great, but it’s not the end. The entire market is down, gold aside. Bitcoin has faced tougher times and bounced back.
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#11Sep 6, 2020, 05:40 AM
What’s your reasoning behind that? Can you back it up? Just saying Bitcoin will recover isn’t enough. Are we talking weeks, months, years? Give us a timeline.
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john23Member
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#12Sep 6, 2020, 11:52 AM
Yeah, it’s correcting now, but Bitcoin's future looks bright. It can spike like crazy. Inflation is a factor, but long-term investments shouldn’t see a major downturn. Newbies should start accumulating.
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laser_nodeSenior Member
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#13Sep 6, 2020, 01:12 PM
DCA is the way to go right now. Bitcoin’s been volatile, and the trade war’s definitely affecting prices. Still, 90k is tough to break. We’re kinda stuck in the 75k to 88k range.
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chri551Full Member
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#14Sep 8, 2020, 04:27 AM
Honestly, predicting the market is hard. Even after digging into data, it seems like no one can predict it accurately. I believe Bitcoin will be in a good place by 2025, and it shouldn't drop below 60k.
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4pe_tokenMember
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#15Sep 8, 2020, 07:06 AM
Once a bear market hits, it’s a big deal. External factors like Trump's tariffs are definitely affecting Bitcoin. But we should see some recovery soon, hopefully in the next quarter.
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#16Sep 8, 2020, 10:19 AM
You’re right, the M2 supply is high. I’m betting Bitcoin will see a nice upward move this summer. By Q4, we might see more institutional buying. Lots of reasons to stay bullish here.
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maxoracleMember
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#17Sep 8, 2020, 12:10 PM
I’ve opened my position too. I think the current dip is just a bear trap. People can't keep their money in fiat forever; they’ll look for an inflation hedge. By Q3, I’m betting Bitcoin hits 100k.
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serHero Member
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#18Sep 8, 2020, 01:55 PM
The market is just fluctuating. Those prices are still below 100k, so now’s the time to buy. If you're ready to buy at a low, hold on tight. The correction could hit anytime.
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wildaltNewbie
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#19Sep 8, 2020, 07:40 PM
Yeah, beginners freak out when prices drop. But if they panic, it shows they’re not ready for this space. I think 74k might be the low for this correction, but we could still see 70k.
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0xRocketMember
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#20Sep 9, 2020, 01:46 AM
What are we actually doing here? We should be buying assets that perform well historically against inflation. With prices affected by tariffs, now’s a good time to jump in. I’ve converted a chunk of my cash to crypto and stocks. Keeping cash is risky too.
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