2015-12-14: Do you think we have broken out of the long-term bear market?

uki

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Quote from: oda.krell on December 15, 2015, 07:02:05 AM

(All of the following in subjective, informal probability estimate terms)

Yes, we're out of the 2014/(2015) bear market, with rather high probability - though not quite with "near certainty" I believe.

However: significant price drop that'll make some bulls wonder whether we're really out of the bear market is still possible - although right now, it's not the most likely scenario anymore I believe..

I agree with you that we are most probably out of the 18 month bear already. That does not rule out testing of the recent breaks, but the possible correction should not be too deep. For now $350 looks pretty stable, all what is above is still to be proven and tested.

Meuh6879

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Quote from: helloeverybody on December 15, 2015, 05:11:27 PM

No, the bears always hiding around the corner.

On kraken, more than 5000 btc are sell per day ... (in euro only)
You talk about whales , instead ?

helloeverybody

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No, the bears always hiding around the corner.

Meuh6879

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Quote from: jehst on December 14, 2015, 10:39:11 PM

Yes or no?

lumeire

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We'd probably experience another bearish period after the holidays, months before the halving. Then another round for the bulls because of the halving. At least, we should expect that.

isvicre

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We are in a bull market for long time. It's not new, we are up-trending since August 2015.
Check this graph time interval 1w: https://bitcoinwisdom.com/markets/bitstamp/btcusd

oblomov

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Yes, bear market is over. And the move up the last few weeks has been very bullish.

WhatTheGox

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Quote from: jehst on December 14, 2015, 10:39:11 PM

Yes or no?

Yes, even if you have almost no technical skills all you have to do is draw a rough approx trend line down on the weekly chart and you will see we broke out of the down trend ages ago.

inca

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Of course we are. The turn was months back.

oda.krell

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(All of the following in subjective, informal probability estimate terms)

Yes, we're out of the 2014/(2015) bear market, with rather high probability - though not quite with "near certainty" I believe.

However: significant price drop that'll make some bulls wonder whether we're really out of the bear market is still possible - although right now, it's not the most likely scenario anymore I believe..

NorrisK

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We broke the bear trend long before this. The moment we broke it was the first breakout to 315, after which we dropped back to sub 200 shortly only to start rising again.

I believe that was the first tryout for making a turn the other way, and it sure looks like it has worked!

pa

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I think you have to start a "Poll" thread instead of a "Topic" thread. See: https://bitcointalk.org/index.php?action=help;page=post#newpoll

jehst

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21 million. I want them all.

Quote from: pa on December 14, 2015, 11:47:47 PM

Yes; shouldn't you make this into a Poll?

How do you add a poll?

pa

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Yes; shouldn't you make this into a Poll?

jehst

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21 million. I want them all.

Yes or no?

Topic: 2015-12-14: Do you think we have broken out of the long-term bear market? (Read 1131 times)