This year has been the shallowest bear market so far in #Bitcoin's history.

[kasugha]

This year has been the shallowest bear market so far in #Bitcoin's history.

If we end up dropping by the same amount as 2022, we could see lows of $29,028.

Do we have lower to go, or is volatility decreasing?

 

[Chinyere]

I think the key question now is whether this cycle is following the 2022 pattern or forming a new pattern. Bitcoin has already dropped, but this bear market does look shallower compared to previous cycles.

Institutional money is now involved — ETFs, funds, and big institutions make the market more stable than before.
Volatility is reducing — Bitcoin is gradually behaving more like a macro asset, reacting to interest rates, inflation, and global liquidity.
$29K is possible but not certain — That level would likely happen only if there is a global risk-off event (rate hikes, recession fears, strong dollar).

 

[kasugha]

I think the key question now is whether this cycle is following the 2022 pattern or forming a new pattern. Bitcoin has already dropped, but this bear market does look shallower compared to previous cycles.

Institutional money is now involved — ETFs, funds, and big institutions make the market more stable than before.
Volatility is reducing — Bitcoin is gradually behaving more like a macro asset, reacting to interest rates, inflation, and global liquidity.
$29K is possible but not certain — That level would likely happen only if there is a global risk-off event (rate hikes, recession fears, strong dollar).

Absolutely right

 

[Vicole]

This year has been the shallowest bear market so far in #Bitcoin's history.

If we end up dropping by the same amount as 2022, we could see lows of $29,028.

Do we have lower to go, or is volatility decreasing?

IThe bear market this year has been quite mild compared to previous ones, and while there's a chance we could dip to around $29,000, it's tough to say if we're done with the volatility yet. A lot depends on macroeconomic factors and how investors react to any sudden shifts. What’s your take, are you expecting more downward movement or are you feeling the market is nearing a bottom?

 

[Vicole]

I think the key question now is whether this cycle is following the 2022 pattern or forming a new pattern. Bitcoin has already dropped, but this bear market does look shallower compared to previous cycles.

Institutional money is now involved — ETFs, funds, and big institutions make the market more stable than before.
Volatility is reducing — Bitcoin is gradually behaving more like a macro asset, reacting to interest rates, inflation, and global liquidity.
$29K is possible but not certain — That level would likely happen only if there is a global risk-off event (rate hikes, recession fears, strong dollar).

I totally see your point. With institutional money now in the game, Bitcoin is behaving differently, more like a macro asset. It’s reacting to broader economic factors like interest rates and inflation, which makes it less volatile than before. If we hit $29K, it would likely be tied to a big global event, like a major economic slowdown or tighter policies. It’s still uncertain, but the market feels less unpredictable now compared to past cycles. Do you think we’re headed for another global risk event, or is the market adjusting for those risks already?

 

[Benjamin E Housel]

This year has been the shallowest bear market so far in #Bitcoin's history.

If we end up dropping by the same amount as 2022, we could see lows of $29,028.

Do we have lower to go, or is volatility decreasing?

The mistake most people are making is comparing price levels instead of market structure.

Bitcoin is no longer the same asset it was in 2018 or even 2022.

Back then, it was largely a liquidity-driven, retail-dominated market.

Today, it sits at the intersection of institutional capital, macro policy, and global liquidity cycles.

 

[Benjamin E Housel]

I think the key question now is whether this cycle is following the 2022 pattern or forming a new pattern. Bitcoin has already dropped, but this bear market does look shallower compared to previous cycles.

Institutional money is now involved — ETFs, funds, and big institutions make the market more stable than before.
Volatility is reducing — Bitcoin is gradually behaving more like a macro asset, reacting to interest rates, inflation, and global liquidity.
$29K is possible but not certain — That level would likely happen only if there is a global risk-off event (rate hikes, recession fears, strong dollar).

Right ️