Topic: ARE WE STILL BULLISH OR BEARISH ? (Read 968 times)

I hope it is true but cannot trust those articles all the way. Even if there is still no sign of bearish, who knows in the next few weeks, we saw the bearish signs. Remember if the crypto market isn't something really predictable. As its volatility, everything can happen in the crypto market in the near future. So, always prepare for a bearish anytime.

As the market looks, I think it is still bullish, also we cannot rule out that Microestrategy and Elon Musk are still buying Bitcoin, obviously there are many institutional investment, in fact some are already considering moving their money from Gold to Bitcoin, today the president of The FED did not hesitate to say that Bitcoi could replace Gold despite its high volatility and with its great speculation power, but it does not trust that it is a Safe Haven, because in the face of Fiduciary money it may be the best alternative, and if They say this is because they have most likely seen the huge bubble that exists in FIAT money.

For these reasons I believe that the market will continue to rise, unless it goes above $ 60k it will be new levels that will test the offer.

We are still in bullish season, that's why you can see lots of coins easily to pump and many institutions join in cryptocurrency. Even in the bullish season, we will see the price drop but don't worry about that because the price easily to recover. This moment is buy and hold, remember that so buy as much as you can before you miss it

Think we're seeing just the first inning of a multi-year bull run super cycle. Market is more mature, things don't get super excited too quickly and result in a blow off top and crash. We're 5 months in to a major bull run and instead of seeing nonstop booms and busts as we head toward a crazy peak and crash, we're seeing....stability!

Still yet to see if this is just short term steadiness or not, but normally after a correction when Bitcoin comes back up and breaks through the previous ATH it shoots off on another short boom. But instead we see it stabilizing in the mid-to-high $50,000s after briefly hitting a new ATH over $60k. To me this suggests the market is super healthy rather than starting to get bubbly.

Participants aren't FOMOing in but they aren't panic selling either. Price is just stabilizing a bit. One path this could take is we could see bull run cool off and price stay in the $40,000s and $50,000s for a spell - already spent the past 6 weeks in that range now. I think perhaps we saw the initial foray of institutions into Bitcoin, those that are the most forward thinking, and things are calming down again now, as these new market participants driving the price are used to 10% gains a year and get wary about the kind of moves bitcoin does. So I definitely think we could see a multi-year step-cycle bull run pattern where a new wave of institutions comes in and then get scared cuz they price went up by tens of thousands so market cools off and stabilizes at the higher price and then once these institutions get used to seeing the new higher price for a while the next wave comes in.

Just a theory. But if it's the case then maybe we won't see the next series of pushes to $100k range until late Spring/Summer, but then rather than a crash we'll see the market get used to a price around $100k for a bit and then push a bit further around end of the year. And this means we won't have a bull run peak this year. Rather this year would just be the first year of a gradual progression from $10k to something like $500k or $1 million in the next 5 to 10 years.

Then again maybe the market is just taking a brief break, gathering tinder for the next 50% gain next month. Time will tell. Either way, definitely BULLISH.

Not that long.

We're already near to it by 3 more quarters. The first quarter of the year is about to end within a week. It isn't just only increasing, as you can see, we've been into several dips.

And that's a good consideration why many are thinking that this bull run can last up to 2022. But who knows right? it is all a speculation.

I see serious arguments both for the continuation of the bull market and for the beginning of the bear market. And it is natural that no one now can know exactly what the situation is in reality (if there was such a person, he would quickly make millions with this skill). Therefore, you need to act depending on your personal situation - do not be greedy and fix some of the profits if there is any, diversify investments and not risk amounts that would be critical for you. These tips are universal and apply to any bullish or bearish market.

I guess 2022 is too long, that doesn't fit according to the trend of the market, I guess we will see it end this first half of the year and we will see a bearish run until the end of the year, price isn't healthy this way, the more the price rises, the more FOMO will happen and panic will be heavier this time.

I reckon.

We're not yet seeing the bullish season to be ended. The market is still bullish and bearish moment haven't seen any sign.

It is what the assumption of many predictions too that bullish run will be ending by 2022. But that's just a prediction and the possible high for this year would be $100k.

I still consider that bullish season is far from over, I've been seeing a lot of articles which I also believe that it will continue until 2022. However, being cautious of the correction which can hit anytime soon won't hurt.

Basing off with technical then we are really still on a bullish market but we dont know on how long it would last but why would worry? Market can turn upside down anytime.

this is why its much better off to secure your position or profits while you still can unless if you are a hodler then you shouldnt really care at all.For moving prices then it all varies

with the demand.You cant tell on who's getting in and who's getting out in the market at the moment but those would really be composed of on what @Wilhelm said above which is
actually on point.

Weekly BTCUSD chart indicate a very strong bullish market apparently with price recently formed higher high swing although there are some minor dips or minor corrections wlhie RSI indicator is showing overbought in all the higher time frames that does not necessary mean a bearish run is imminent, the price is the king indicator are just guides.
Personally I believe the price is heading to $70K before hitting $100K before the end of the year. keep accumulating for the better days ahead.

Bullish all my life, or at least until bitcoin reaches the infamous $100,000! We haven't got there yet and we will get there, I don't know if this year or the next one. Some up and downs along the way will be inevitable but the road is marked out.

And part of us is to prepare for the incoming. We know that volatility still exists, dumps and dumps can't be stopped. And people who are easily getting into FOMO will likely have to suffer losses.

Dumps give as the way to invest more, I know many of us are waiting for that moment but somehow, the rally stood still and keeping the price still high. It is either we are in the bullish season ( which is obviously we are) or bearish season, the most important is that we are enjoying the market flow.

This what I consider with the market situation...

$20k and below - bearish season
$20k and above- bullish season

And for that specific price range, I could say that we are still in the Bullish season. The market shows impressive market growth, a long and sustaining market demand had put the price still at high. Of course, dumps can be soon to happen and yet, still unpredictable.

It could go either way, we never know I always treat the market highly volatile and anything can happen and always expect the unexpected to happen, part of being a good investor is to not take away the risk, even if the market is on a bullish trend, there's always manipulation, shill and FOMO.

It is clear if we are still in a bullish trend, even we seem specifically starting for the altcoin season. Most crypto coins continue to grow and the statistics of their price improvements showing good progress lately. Even if there should be some corrections, but the prices of crypto coins always increase again after several days later. It includes the price of Bitcoin, the price zone is around $55K-$62K lately, this is still a high price of Bitcoin this year.

This phase happens every cycle.

What is happening now is the following
- people leaving because they made enough
- weak hands pussying out
- traders making profits on the volatility
- newcomers getting in
- whales trying to kill short selling and leveraged longs. Basically getting inexperienced crypto traders by the balls.

This takes time, but the longer at this level the more people invested at this level and we can go up.

No FOMO yet so no bear market yet.

Will go up to >100k shortly 

I do believe that the cryptocurrency market was still in bullish trend, those dips are only a price correction but the good thing about it was the price of bitcoin can easily make it up from price correction so still there is no sign of bearish market so far as per on my technical analysis of the market.


Maybe Elon Musk tweet has additional impact to bitcoin, but i solely believe that the bullish trend of bitcoin today was because of the continuing engagement of new investors and traders before the tweets of Elon Musk came into picture

It's like investing in an asset where we don't have any idea, we're clueless on what will happen in the next few months that's why we need to be careful on spending money on crypto. If they really want to invest in cryptocurrency like bitcoin, they should study it and learn from the trading experts if it's still profitable because wrong moves can cause huge defeat since BTC right now still resisting. Currently on bullish trend, still close to the new all-time high, and still waiting for a correction.

I'm expecting BTC to go for 100k. Is it possible?

I guess we are still on the bullish part yet, which is pretty scary considering that this year's season is different than the other previous years so to everyone, be careful and don't be greedy because we don't exactly know when will the bull season stops and the bear season starts.