At least in the last seven days the market still looks strong because it is still up and down in the 40k-50k range and I think it's still in a safe situation, with this movement I don't think it's about bullish and bearish because the market is still in a normal movement. Situations like this are certainly good if used for day trading but yes, it's too risky but if you like challenges then maybe this is the right time to make quick profits.
The market is quite strong, and no doubt in it. The marketcap keeps recovering after every small fluctuation causing drop in the value of bitcoin. As mentioned, it is the time for traders to make good profit. Over the past few days it doesn't looked to be too risky, because the market moved gradually in the downturn with periodic upward movement. So users who had sold at higher price got promised opportunity for buyback at a lower price.
Topic: ARE WE STILL BULLISH OR BEARISH ? - page 4. (Read 898 times)
So you think that the FUDsters pulled the market down?, the market was rallying for a long time and it is time some of the investors book their profit and i do see this correction as some of the early investors who made a good profit booking their profit and waiting for the right opportunity to enter once again if they think that the market will bounce back again.
Of course not. They can't influence much. They were only preaching Bitcoin's doomsday once again so they (or their masters) can buy cheaper as long as this correction lasts.
All this FUD is "only business" for (way too) many.
And the weak hands that don't understand all this and go by all the rumors missing the big picture will buy expensive and sell cheap, crying later on about how unfair Bitcoin is.
At least in the last seven days the market still looks strong because it is still up and down in the 40k-50k range and I think it's still in a safe situation, with this movement I don't think it's about bullish and bearish because the market is still in a normal movement. Situations like this are certainly good if used for day trading but yes, it's too risky but if you like challenges then maybe this is the right time to make quick profits.
The market is quite strong, and no doubt in it. The marketcap keeps recovering after every small fluctuation causing drop in the value of bitcoin. As mentioned, it is the time for traders to make good profit. Over the past few days it doesn't looked to be too risky, because the market moved gradually in the downturn with periodic upward movement. So users who had sold at higher price got promised opportunity for buyback at a lower price. 
At least in the last seven days the market still looks strong because it is still up and down in the 40k-50k range and I think it's still in a safe situation, with this movement I don't think it's about bullish and bearish because the market is still in a normal movement. Situations like this are certainly good if used for day trading but yes, it's too risky but if you like challenges then maybe this is the right time to make quick profits.
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
The recent $ 10,000 drop in Bitcoin should come as no surprise to anyone following the markets. There were a number of warnings about buying a 5th wave pulse, because usually at this point the movement loses steam. The irony is that this is often the time when the market seems to be strongest. Nevertheless, such withdrawals are completely normal for BTC price in my opinion.
Much has changed in the cryptocurrency industry, and a significant amount of necessary foundation has been built compared to 2017. Trying to predict major future market movements is often an unsuccessful strategy in this situation.
Because the FUDsters said so for the entire week-end, "forgetting" about the fact that US money machine is being set to print more 1.9 Trillion green paper which will keep the voters happy and make HODLers richer.
So you think that the FUDsters pulled the market down?, the market was rallying for a long time and it is time some of the investors book their profit and i do see this correction as some of the early investors who made a good profit booking their profit and waiting for the right opportunity to enter once again if they think that the market will bounce back again. Very possible that some of those early gainers do cash out for the weekends, and now that the market is open for another
week it's time again to work out.
Bouncing back is happening now, look at this movements happened only within one day.
24h Low / 24h High,
$43,241.62 / $48,201.44.
For sure those who have been moved by Fuds are now very frustrated and regretting the action that they've take,
mostly those who rushed out afraid of losing much from their investment.
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
In my opinion, we were still on a bullish trend, there is still some pullback yes because expect that after a growth there will a correction will occur, so I believed we're in a correction. Currently, Bitcoin recovers and now currently hovering around $47k. However, in the case of altcoins, it seems it is now undergoing the process of the bear by just looking in every chart, it's all red. Anyway, even if we're on bearish or not Bitcoin is still showing a good run, like green candles are now appearing and there's even a chance for it to go back at the $50k mark. 
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
Yes we encountered a big and huge dip for the past days in which we entered in the price of $44,000 which is really we can considered that a huge price dump and many says including me that there is a big possibility that it is a sign of a bearish market in which the bitcoin will suddenly collapse and will down again eventually after some months or weeks, but we don't know if this really what would happen because they're saying that this is just part of market correction and there's nothing wrong about it.The correction will continue to occur every time there is an increase in the price of bitcoin and we all know what to do if there is a correction, everything will be fine and what happens to the current bitcoin price is still normal.
We are actually experiencing some bearish trends now. If that retesting some $40k areas, we can still experience some long bear market. We shall accept the fact that we can not always be on the bullish part. That 30% dropped makes the traders and investors goes to panic but as I can see, bitcoin still strong to manage to go further above $50,k again.
Even we are in bearish trends now, bitcoin price can become stronger than a few days ago because the price now can back to $47k and the green candle still appears now. I wonder if the price can still rise more than the price now, and even if the price can back to $50k.Yes, bitcoin price will get more chances to rise to $48k-$50k soon. But we need to be patient and wait for a while. This situation can give us more time to buy low and sell high because the price conditions are still good for us.
I'm still bullish and there are plenty of reasons to be in favor of it.
Because the FUDsters said so for the entire week-end, "forgetting" about the fact that US money machine is being set to print more 1.9 Trillion green paper which will keep the voters happy and make HODLers richer.
So you think that the FUDsters pulled the market down?, the market was rallying for a long time and it is time some of the investors book their profit and i do see this correction as some of the early investors who made a good profit booking their profit and waiting for the right opportunity to enter once again if they think that the market will bounce back again. we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
Yes we encountered a big and huge dip for the past days in which we entered in the price of $44,000 which is really we can considered that a huge price dump and many says including me that there is a big possibility that it is a sign of a bearish market in which the bitcoin will suddenly collapse and will down again eventually after some months or weeks, but we don't know if this really what would happen because they're saying that this is just part of market correction and there's nothing wrong about it. 
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
What we have today is the same when we experience the price holding on to $30k+ when it was near $40K last month. This is one of the good indications where the market is making some preparations to surpass more than its last ATH. I think whoever wanted to invest in the lowest price of BTC should remain vigilant these next few days because this might be the last time they see the price down this low this year. If you are one of them, you better not blink in this kind of situation. You need to be vigilant in order to invest in its lowest price to maximize your earnings if ever the price of BTC will pump again.
Looks like the Hype Over and the market was still on correction Stage, It was great wave to ride before but for now it's already on it's peak however if there any some Strong push again (Like Tesla Buying Bitcoin) I suppose it will go stable around $50k and we can expect another bullish but for now better to sell some profit from last bullish before and wait till the correction over.
The hype is over. so we can expect it be bearish.
Now don't get too bearish so fast, you probably looking at lower time frame charts, try to zoom out and see the full picture, Bitcoin chart trend is up and nothing is changed yet, if Bitcoin goes lower than $30k then we can have a discussion on whether it could be bearish or not, but definitely not now that we only had around 35% correction after 1800% upward movement from a year ago when bitcoin touched $3k after the pandemic hit.
Always keep your eyes on big picture and long-term trend and avoid getting tricked by these short-term price actions whether they're up or down.
Bottom line is if you're trading in a bull market don't get too bearish unless the trend changes, and if you're trading in a bear market don't get too bullish unless the trend has obviously changed and is going the other way.
We are now closing to to 48,000 again so i believe that we are still in Bullish time , Imagine we fell down to 43k
24h Low / 24h High $43,241.62 /$47,761.55 meaning that there are still bull in our side , it's just correction or attempt of manipulation happening .
24h Low / 24h High $43,241.62 /$47,761.55 meaning that there are still bull in our side , it's just correction or attempt of manipulation happening .
Actually Bitcoin price just hit its recent low which is $43000 and pumped once again to $47000 .. Yes we are in a temporary bearish momentum but as you can see on its TA, Bitcoin is gaining its momentum once again and preparing for a jump price.
Bearish at this moment, I guess.
Most of the cryptos in my portfolio are on red marks and this has been a continuous downfall. What we are not sure of is to when will recovery occur or will the prices start to rise next week? 'coz if it won' t and if the situation will get worse on the market prices, this would be both of a good thing and a bad thing. Investors could make use of the opportunity to invest. While it would be somewhat of a bad thing since no one knows when will the market price start to rise. Going back with what happened before, when a huge downfall happened on the past years, it took a long period of time before recovery again was seen.
Most of the cryptos in my portfolio are on red marks and this has been a continuous downfall. What we are not sure of is to when will recovery occur or will the prices start to rise next week? 'coz if it won' t and if the situation will get worse on the market prices, this would be both of a good thing and a bad thing. Investors could make use of the opportunity to invest. While it would be somewhat of a bad thing since no one knows when will the market price start to rise. Going back with what happened before, when a huge downfall happened on the past years, it took a long period of time before recovery again was seen.
How about at this moment? Yesterday I checked Bitcoin is at $44k, now it is about to break $48k, it crashes sell resistance from $45k to $47k. So are we now at the bull trend? If you are referring to the past as a basis then imagine the 2013 trend and 2017 trend. It takes almost a whole year of bullish trend during those time, so I guess according to your observation, we should be experiencing a full year bullish trend this 2021.
I consider it bearish when the price hitting below $25K but we're now still in bullish season because simple, take a look at the former price before the bullrun happens we are now waaay above that price point and if people out there think that we're in a bearish then they better read the price chart again.
Not to mention the price feels stable at around $45K - $47K it's just a correction I suppose.
Not to mention the price feels stable at around $45K - $47K it's just a correction I suppose.
Jump to: