The fact that people are calling 40k BTC a bear market makes me extremely bullish.

2 years ago in April 2020, BTC was trading at 8770$ Ethereum was 215$.

Majority of you came into the scene probably around the start of 2021. You guys were the exit liquidity of many old investors. But even then we’re still holding strong at a solid 38-40k range.

And people calling this price range as a bear market makes me fucking bullish.

True bear market would be below $10k, you guys need to go back in time and see what is actually rational. 40k is still extremely bullish.

So, stop being a negative Nancy and try to appreciate dips and corrections. If you truly believe in BTC, you’d be stacking out of your minds.

If you’re here for a quick buck, be ready for disappointment.

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44 thoughts on “The fact that people are calling 40k BTC a bear market makes me extremely bullish.”

  1. So much institutional adoption has pretty much ensured that bear market no longer means going to crazy lows which were enough to pin the suicide hotline.

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  2. Tbh I have stopped caring about price range.. and stopped giving a shit about people who are constantly calling out the next target range, bullish or even bearish. The technology is here to stay and that’s enough for me to invest in it.

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  3. It does not take sub 10K for a bear market. Bear markets are nothing more than declining markets. This is a declining market and therefore a bear market. In regards to April 2020, That was the last chance to accumulate before the halving, that’s not where we are today in the cycle. There is no reason for the market to have a big move up until the next halving or the SEC starts regulating exchanges. The market always shits itself about 1-1.5 years before the halving. That is set to happen somewhere between the last quarter of this year and the first quarter of the next. We are in a declining market, things aren’t getting better for a while and this price level is probably going to be a shit place to buy for a year or two. I hope the confidence you have in your outlook serves you well OP.

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  4. *Inflation, House market buble, Food shortage making bitcoin price vulnerable*

    R/Cryptocurrency: “We ain’t in a bear market”

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  5. $20k-30k is a “bear market”

    $10k is a complete break of all historical market structure and would indicate something has gone majorly, majorly wrong.

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  6. I tell my friends when they are worried about a red day /week/month to just zoom out

    If two years ago you’d told them they would be unhappy with $40k USD / BTC price they’d have laughed and said they’d dream for that

    Who knows what it’ll be at in 2 years from here, post the next halving

    TLDR : if in doubt, zoom out

    And it even rhymes !

    LOL

    🙂

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  7. It’s objectively a bear market. You can make your own definition if you want but you can’t expect other people to use or understand it.

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  8. The thing is, prices can definitely fall further and it’s not a bloodbath, compared to 2020 we’re still way up. I’m not saying we’ll go that low – the overall trend is up – but if people panic at $40k that’s not a great sign.

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  9. What has surprised me this time is that there has been no hug crash. bitcoin has held from its peak for a long time too. Perhaps this is volatility reducing as the crypto market cap grows overall, but i do think we’re in a bear at the moment but this creates an unbelievable floor for the next run. Halving is in 2024, buckle up

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  10. Pls OP keep hodling you crypto veteran from 2017 🙂

    90% chance btc will not go lower than 25k. 99% it will not go lower than 15k.

    40k is indeed very low price level for BTC and is really good buy oportunity.

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  11. there are just too much panic-pantshitters in crypto which are yelling “craaash! crypto-winter! bloodbath!!!” and jumping off the cliff like Lemmings at every 5% correction-fart again. 🩲💩 What a horde of sissy´s, really.

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  12. Makes me bearish. If they think $40k is bad, then they might get scared and sell at $25k… (If it ever gets there, that is)

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  13. Considering every bear market was higher than the previous and if we agree 40k btc is a bear market.. well shit the next bull run would see btc hitting 6 numbers

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  14. Things have never been more bullish for crypto. It has a huge future; governments, banks and hedge funds have made that clear

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  15. With institutional backing I don’t think we’ll ever see such slashing. I’d consider anything below 30K a bear market

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  16. I still expect 20k spring, the zone of the old ATH. Most of my orders are in that zone, meanwhile you can only DCA and hope for 20k to grab that juicy discount.

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  17. It’s all about perspective. 75% of investors bought last year so it’s fair to say that they are the majority and we are in a bear market since most have been down for half a year now.

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