Top 10 Signs That Will End The Crypto Bear Market

14 112
Avatar for Pantera
9 months ago

Crypto Will Rise Like A Phoenix From The Ashes!

In the cryptocurrency domain, we can locate a few blockchain networks worth our time that present long-term potential.

However, most cryptocurrencies are pure speculative bubbles with no real-life utility. They drain funds from time-tested projects, with VCs abandoning them after their pump and dumps schemes end.

In a tech aspect, some projects don’t even deliver the basics.

Speculation still drives this market, and on the speculative side, we shouldn’t forget the boom and bust cycles.

I believe we reached despair with the events surrounding FTX. Anything else will be supplementary but will not change the market mechanics that will reverse the downtrend.

HANG TIGHT, We are getting closer!

In July, I published the top 10 signs of the market bottoming, clearly explaining how we were not there yet:

The Top-10 Indicators That Will End The Bear Market

When I published this article, just 3/10 of the indicators were in place, so I described back then that the bear market still had several months before the final bottom.

Today, we have located most of the missing pieces of this puzzle.

The bear market losses steam, and it appears we are about to witness the beginning of recovery.

Today, we meet 8 out of 10 conditions, although everyone should perform their research and due diligence on the projects they select to invest in.

The Ten Indicators That Will End The Bear Market!

Picture on Pixabay

1. Content creators and influencers reduce their efforts or quit. (✓)

While I used this indicator in July, I can only track a small sample.

Content creators have reduced their social media posts and content. However, we have examples like Bitboy and Pompliano, that will probably never quit or even reduce their workload.

Crypto content is their job. They know the market will recover and keep publishing and posting on social media even with lower income.

2. “Crypto is a scam” becomes the norm (again) (✓)

I had this checked since July, but the signals I am getting now are stronger than ever. From the hundreds of millions of crypto newcomers, most of them right now don’t care about crypto at all. And that’s a reason to feel optimistic since everyone will be back (hopefully not just for the speculative side of cryptocurrency).

We find countless clueless journalists crawling out of their holes and telling us how cryptocurrency is a scam and only used by criminals.

That’s a clear buy signal (although, again, please don’t consider this financial advice).

3. Celebrities stop promoting cryptocurrencies (✓)

Source: Twitter

We are one step closer to crypto recovery.

Celebrities are a red flag and a contra-indicator.

Usually, we find most celebrities discussing crypto and endorsing even shady cryptocurrencies and crypto-companies when the market is closer to a euphoric state. That’s where smart money sells and goes short.

4. Everything is Down by 80–90% from ATH (✓)


Definitely, (almost) everything is down by 80–90%. Perhaps there’s one final leg down, but most sellers run out of steam.

Most new projects that reached top positions (top-20 or top-30) will not be around, though. I’ll only be holding time-tested cryptocurrencies, but not Ethereum clones or meme-coins.

5. Timing of each cycle (not there yet)

Source: Nicehash

I expect investors to enter the top-three cryptocurrencies as they are close to their halving events.

NiceHash presents these estimates, but the halvings depend on the number of blocks.

We should expect speculation for LTCBCH, and BTC to increase starting Q1 2023. LTC is the closest halving, and already we spotted increased demand. Eight months after Litecoin’s halving, we have Bitcoin Cash halving in April or March 2024.

Finally, just two months after the Bitcoin Cash halving, we will have what appears to be the main event, the Bitcoin (BTC) halving. Close to BTC, BSV will also have its halving.

The halving events boost demand for these assets by investors and generate terms for massive bull runs.

6. Mainstream media tells us how Crypto is Dead! (✓)

Thank you, Chetan! (source)

Not only did the mainstream stop promoting cryptocurrency but also inverted its position and now calls cryptocurrencies a fraud (again).

And this is good news!

We are once again the laughing stock of the mainstream media, and we love it as all this negative publicity brings us one step closer to the bottom!

7. Miners Go Bust (✓)

One of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy, cryptonews

Miner’s bankruptcies is shocking as news, and point to fundamental failures in the crypto mining industry. Such events will always reveal how the worst phase of the bear market unfolds.

It appears that miners over the years evolved and today stand more professional and durable, so only those that overextended with loans face most issues.

A standard event, though, happens in every bear market, usually close to the bottom.

8. Bankruptcies (BlockFi! RocketShip!) (✓)

The bankruptcies of crypto-related companies still increase.

So far, we have FTX, BlockFi, Three Arrows Capital, Voyager Digital, and Celsius, and perhaps a few more that may follow, as Genesis and its parent company DCG are facing a $2 Billion gap.

9. Wealthy Investors (and companies) Sold! (✓)

Source: CNBC

Today, we should doubt if anyone wants to sell at an 80–90% loss. Only those in desperate need of cash and crypto entities like miners who have to pay their bills (or loans) are the exceptions.

Some cryptocurrencies have no future, though. We have a ton of centralized Ethereum clones that will not make it, yet the VCs, with the use of news and social media, generated a hyped-up image of innovative technology for worthless centralized networks.

Meanwhile, time-tested and robust decentralized networks, offering permissionless transactions for low fees are still ignored.

10. Crypto whales come back from their vacations (not there yet)

Traditionally, the whales will return and inject capital while investing at the exact bottom. We probably won’t spot them on the charts immediately, but constant purchases months before the halvings will reignite the bullish sentiment.

Score So Far: 8/10 !

In Conclusion

Picture by lukinIgor on Pixabay

In July, we had just 3/10 of the indicators in place.

That’s 8/10 today, but expect all indicators to signal a reversal alert in the coming months.

The end of the bear market is closer than ever. We already meet most conditions, and while more validations can apply, the bear market will not last more than a few months.

I expect recovery to begin in Q1 2023, although, the most secure prediction would be 3–6 months from now. Demand will rise again 10–12 months before the BTC 4th halving. Time-tested cryptocurrencies like LTC and BCH will generate demand and drive the rest of the market.

However, we should also address how a lack of education regarding wallets, services, and self-custody created several issues during 2020–2022.

Next time everyone has to be more professional by educating newcomers on the dangers of custodian websites and services and promoting self-custody and the use of cryptocurrency with a non-custodial permissionless approach.

External content published in this article is used for research and educational purposes and falls the guidelines of fair use. No copyright infringement intended. If you are, or represent, the copyright owner of images used in this article, and have an issue with the use of said material, please notify me.
No Financial Advice.

Originally published at Medium


● ● ● ● Medium ● Hive ● Steemit  ●Vocal 
● Minds ● Publish0x ● Twitter ● CashRain ● Medium: Ex Cathedra

Don't forget to Subscribe and Like if you enjoyed this article!

$ 0.38
$ 0.11 from @Telesfor
$ 0.10 from @Omar
$ 0.05 from @Infinity
+ 6
Sponsors of Pantera
Avatar for Pantera
9 months ago


Waiting for those wales to start buying 😁 Sorry for not much of a tip, but my wallet here has dried up 🙈

$ 0.00
9 months ago

It'll go bull someday let's just all be patient. Good things comes to those who wait

$ 0.05
8 months ago

You know, I remember how some people were telling me about patience between 2018 and 2020 and I didn't entirely believe them. Patience is what this is all about.

$ 0.01
8 months ago

Sir please suggest me, i have 1 bch. should i hold it for 1 year? What price can this coin go to in the future? If said something about this.

$ 0.00
9 months ago

The most important rule is not to sell at a loss. If you have bought too expensive, you just have to wait longer before you sell.

$ 0.00
9 months ago

One thing for sure that we will experience recovery in due time and perfect time as well and it is better to keep our bch intact and hold it until our waiting and see a better value on the next year

$ 0.00
9 months ago

Well, I don't have much hope that it will recover beyond $200, hopefully it will reach $1000 to be able to recover financially, but I see it as far away, meanwhile I try to grind as much as I can of BCH, but living in a country as hellish as Venezuela, almost 99% of my income in bch I have to spend on food and services, leaving just a pittance to save in BCH.

$ 0.00
9 months ago

We are already at 120. Let's see how far it goes before it starts to fall again.

$ 0.00
8 months ago

Well, I don't think it will go over 130, what we all want is for it to remain stable in one position, that is what matters, and preferably that position be higher than that of BNB.

$ 0.00
8 months ago

But if I'm not mistaken and I'm interpreting the charts correctly, we have signs that the bear market is over. BCH should now long-term rise much more than BTC and many other coins and tokens.

$ 0.00
8 months ago

I'm still not sure, I want to wait a little longer to confirm that the bears have really withdrawn, I estimate that there is at least one more week to say, or at least that is what I am waiting for, but these are my speculations.

$ 0.00
8 months ago

Yes, much more important than 130 is relatively steady growth and not a sharp decline when BTC starts to fall.

$ 0.00
8 months ago

Seeing BCH down by -97% It's hard to take :(

$ 0.00
9 months ago

That's because in some exchanges it peaked at $5000 in 2017. Don't take this stat seriously for Bitcoin Cash. The real top was about $2000 on Binance in 2017, and in 2021 it went close there.

$ 0.00
9 months ago