I think the bear market is done, anyone else agrees?

iimpact

Regular Member
Joined
Feb 20, 2011
Messages
230
Reaction score
357
Longterm graph and the short one as well suggest the same, what are your thoughts?
 

Attachments

  • download2.png
    download2.png
    229.1 KB · Views: 27
  • FnMCCiFWYAINKDH.jpg
    FnMCCiFWYAINKDH.jpg
    160.5 KB · Views: 27
The best indicator is the people around you. I don't see anyone's life getting better day by day.

So, the bear market isn't done yet (probably someone has another agenda, and derail this by a few more years).
 
It's close, but it will be officially done when the central bank of the world reserve currency stops raising rates
 
Longterm graph and the short one as well suggest the same, what are your thoughts?
Much too early to say bear is over.

Look at the LSI of the US. It keeps on dropping for a long time, which indicates that the US market recession is about to begin in 2023.

No. It's not over. I hate to say this. But the world would need much longer to get out of this inflation. The worse part is the stagflation is becoming more certain.
 
The bear market is definitely not over. Derivatives data and sentiment tells me -50% aka 10k to 11k very soon. Whales might have some news to justify such liquidation dump (Twitter, Elon Musk).

Sincerely,
The Data Scientist
 
I will just enjoy the ride while trading based on the boxes break-up :D
Need moar volume tho!
 
It is just another usual "https://www.blackhatworld.com/seo/btc-just-reached-21k.1467279/#post-16008367". As usual, gullible crypto traders will now open long trades, most of them leveraged trades and get liquidated by the "gang" collaboration between the big whales & the big exchanges (particlularly Binance).
 
Crypto has been going in cycles for the past years. The next Bitcoin run to... 200k? I think is on the horizon, but it's not time just yet.
 
As long as whales continue to exist, I think the market will always be manipulated..
 
Back
Top