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Topic: Bear time is near to end - page 16. (Read 22344 times)

member
Activity: 276
Merit: 31
September 29, 2018, 09:39:22 PM
#27
It's been long I started hearing that the bear will soon end, the more they say it, the worst it gets, right now i think one of the things that will end the bear market right now is the approval of bitcoin ETF by the SEC, I believe such a news will bring to an end, bear market and take us to a bull run.
People are rejoicing of 2017 hype cause their huge profit but sadly it turns into tears when it suddenly drop and resulting big losses. People aren't satisfied of what they saw on the market price and yet, they couldn't accept the reality about crypto volatility change.
Hopefully ETF approval issues will resolve and give a good result for crypto.

Nope I don't think ETF will be approved at this time since there are so many issue need to cover up by the bitcoins and crypto space and government will found it as a ground for them on not to approve any ETF submission. So maybe we can still experience the bear at this point and hopefully next year will be different story and we could see the bull run coming.
ETF investment funds are very risky because they are speculative funds to make a profit and control this market. I personally hope ETF will not participate in this market because if there is ETF participation everything becomes more chaotic and we will be subject to SEC control.

But I think that the ETF has to buy the BTC (not like the CBOE) and like you said they are here for making money.. so they have to enter the market and buy Bitcoin if that's true this will be the new bottom because they will push BTC to higher levels
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
September 29, 2018, 09:06:34 PM
#26
It's been long I started hearing that the bear will soon end, the more they say it, the worst it gets, right now i think one of the things that will end the bear market right now is the approval of bitcoin ETF by the SEC, I believe such a news will bring to an end, bear market and take us to a bull run.
People are rejoicing of 2017 hype cause their huge profit but sadly it turns into tears when it suddenly drop and resulting big losses. People aren't satisfied of what they saw on the market price and yet, they couldn't accept the reality about crypto volatility change.
Hopefully ETF approval issues will resolve and give a good result for crypto.

Nope I don't think ETF will be approved at this time since there are so many issue need to cover up by the bitcoins and crypto space and government will found it as a ground for them on not to approve any ETF submission. So maybe we can still experience the bear at this point and hopefully next year will be different story and we could see the bull run coming.
ETF investment funds are very risky because they are speculative funds to make a profit and control this market. I personally hope ETF will not participate in this market because if there is ETF participation everything becomes more chaotic and we will be subject to SEC control.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
September 29, 2018, 06:53:59 PM
#25
It's been long I started hearing that the bear will soon end, the more they say it, the worst it gets, right now i think one of the things that will end the bear market right now is the approval of bitcoin ETF by the SEC, I believe such a news will bring to an end, bear market and take us to a bull run.
People are rejoicing of 2017 hype cause their huge profit but sadly it turns into tears when it suddenly drop and resulting big losses. People aren't satisfied of what they saw on the market price and yet, they couldn't accept the reality about crypto volatility change.
Hopefully ETF approval issues will resolve and give a good result for crypto.

Nope I don't think ETF will be approved at this time since there are so many issue need to cover up by the bitcoins and crypto space and government will found it as a ground for them on not to approve any ETF submission. So maybe we can still experience the bear at this point and hopefully next year will be different story and we could see the bull run coming.
hero member
Activity: 2828
Merit: 518
September 29, 2018, 06:45:51 PM
#24
It's been long I started hearing that the bear will soon end, the more they say it, the worst it gets, right now i think one of the things that will end the bear market right now is the approval of bitcoin ETF by the SEC, I believe such a news will bring to an end, bear market and take us to a bull run.
People are rejoicing of 2017 hype cause their huge profit but sadly it turns into tears when it suddenly drop and resulting big losses. People aren't satisfied of what they saw on the market price and yet, they couldn't accept the reality about crypto volatility change.
Hopefully ETF approval issues will resolve and give a good result for crypto.
jr. member
Activity: 336
Merit: 2
September 29, 2018, 02:57:26 PM
#23
It's been long I started hearing that the bear will soon end, the more they say it, the worst it gets, right now i think one of the things that will end the bear market right now is the approval of bitcoin ETF by the SEC, I believe such a news will bring to an end, bear market and take us to a bull run.
hero member
Activity: 2184
Merit: 531
September 29, 2018, 02:41:36 PM
#22
you are right , the Bulls are coming
They were here all the time. It's just that there was the same or higher number of bears.
I could start with a theory that bulls and bears were at even numbers but certain individuals like the Gox trustee sold so many coins that bulls were not able to buy them in such a short period of time. Most of us don't know what is happening behind the scene. There may be a lot of bulls but it's enough that 1 person holding more than 1000 BTC decides it time to go shopping and we're going down.
hero member
Activity: 826
Merit: 523
September 29, 2018, 02:40:24 PM
#21


There are many affirmative signs that the bear year is about to end, but we shouldn't give gallant expectations so that we don't fall into frustration if this haven't happened. As we all know that there have been a global trend by many countries to regulate cryptocurrency, and this trend affect this business.



hero member
Activity: 1065
Merit: 510
September 29, 2018, 02:36:05 PM
#20
The trader with a certain popularity gave a prognosis for bitcoin.From the history of forecasts it follows that he is not mistaken often.Also, his schedule coincides with the closure of a large triangle.
https://www.tradingview.com/chart/BTCUSD/c2DYFwXO-Bear-time-is-near-to-end/
https://ibb.co/dOurWp
Really good to see those descending triangles because if you do apply these indications on forex trading then it would be somehow precise but when we do talk on crypto market I don't really easily or fully trust these kind of analysis because this market had proven out many times that it can really go either ways on a short period of time where breaking all technical analysis behind but no one knows if such movement will really be followed by market makers.
member
Activity: 131
Merit: 10
September 29, 2018, 02:35:49 PM
#19
Why is this thread in the "Trading discussion"?
It looks more suitable for the "Speculations" sub-forum.
Anyway,using technical analysis without fundamental analysis is like runing on one foot.
Those charts are beautiful indeed,but I don't believe in chart patterns.
To rely on a fundamental analysis is extremely stupid, the market is not regulated in any way and all people release news provoking price movement. Many familiar traders trade exactly by TA, they switched from the stock where they were more oriented to the fundamental.
legendary
Activity: 1540
Merit: 1016
September 29, 2018, 02:33:56 PM
#18
He is the legendary MasterLuc. But he is wrong several times in the last year. The price may still fall to sub 5000 dollars and it will not deny the prediction.
sr. member
Activity: 1232
Merit: 250
September 29, 2018, 02:17:30 PM
#17
Still, it is a totally speculative discussion. Nobody has a clear idea when it is going to end and then the bullish trend will hit the market. But if past records are taken into consideration then I believe there is a possibility, just a possibility to see some good growth in the coming months, but many are predicting $20k, I think it is a tough target to reach this year, though nothing is impossible, October is about to start and there is no sign of any upwards movement, just hovering around $6600.
full member
Activity: 179
Merit: 100
September 29, 2018, 01:53:50 PM
#16
I do hope that this kind of thing will end. Many people waited for ber to start and here we are waiting for the ber bull but nothing happened lol. I do wish that this bear will go away now.
legendary
Activity: 1652
Merit: 1483
September 29, 2018, 01:47:35 PM
#15
Anyway,using technical analysis without fundamental analysis is like runing on one foot.
Those charts are beautiful indeed,but I don't believe in chart patterns.

how did you come to that conclusion? have you actually backtested TA-based trading systems and chart patterns? or are you just assuming, and then deducing that fundamental analysis must be more reliable?

i think a lot of new traders misapply TA and don't implement risk management, then they turn around and blame TA for their own failures. i've been trading the technicals since 2013. i wouldn't still be doing it if it didn't work. i hardly pay attention to fundamentals or news.
hero member
Activity: 2842
Merit: 772
September 29, 2018, 07:00:19 AM
#14
His name sounds familiar though. Anyways, this last couple of days, I heard a lot of bullish predictions so I'm guessing that speculators are really hoping for a sudden shift on the overall sentiments now.

Truth to be told, no one has the crystal ball to say where the price could go in the future. However, those patterns exist for one thing, to help us strategized and be flexible on our tradings.

I'm not convinced that the bull market is starting yet, but I do believe the bottom has been put in.. I feel like we will have sideways consolidation for most of Oct/Nov and see a slight curve out of this falling wedge then.. Don't expect 20k anytime soon without ETF but you may can return to normalcy somewhere between 7-10k and alts will be at least somewhat less effected.

I'm no longer getting the hype from ETF's to really push the market. If you notice, the postponement didn't even affected us negatively so I guess traders are moving forward with or with ETFs.
hero member
Activity: 3150
Merit: 937
September 29, 2018, 06:48:55 AM
#13
Why is this thread in the "Trading discussion"?
It looks more suitable for the "Speculations" sub-forum.
Anyway,using technical analysis without fundamental analysis is like runing on one foot.
Those charts are beautiful indeed,but I don't believe in chart patterns.
sr. member
Activity: 896
Merit: 250
September 29, 2018, 05:27:54 AM
#12
oh this is hard to believe because these tradeview guys  fail a lot, last year I believed in these guys and lost a lot of money

The trader with a certain popularity gave a prognosis for bitcoin.

I would like to know the reason for it to have this certain popularity

From the history of forecasts it follows that he is not mistaken often.Also, his schedule coincides with the closure of a large triangle.



that is all? no offense, but I do not believe in these charts and according to what I see, it seems that he is saying that will reach the $ 20,000, do I misunderstand?





nothing is impossible because last year we did not know that bitcoin and other currencies will experience a huge increase, that later the price of bitcoin and other crypto could be like last year
legendary
Activity: 1652
Merit: 1483
September 29, 2018, 04:44:33 AM
#11
oh this is hard to believe because these tradeview guys  fail a lot, last year I believed in these guys and lost a lot of money

I would like to know the reason for it to have this certain popularity

he was a legend on this forum several years before he was using tradingview and vk. it would take a lot of work to pull up his old posts.

suffice to say: he called the top in april 2013, then he called the bottom in july 2013, then he called the top in november 2013. he was correctly bearish all through 2014. some more recent calls:

https://www.tradingview.com/chart/BTCUSD/AVRDIIr7-At-strong-support/
https://www.tradingview.com/chart/BTCUSD/3RjQGYZp-No-resistance-till-15000-when-3500-will-break-up/

that is all? no offense, but I do not believe in these charts and according to what I see, it seems that he is saying that will reach the $ 20,000, do I misunderstand?

no, his chart is pointing to $100k and beyond.
copper member
Activity: 28
Merit: 0
September 29, 2018, 01:48:45 AM
#10
yes bro, i think it will end soon.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 29, 2018, 01:45:55 AM
#9
Let's hope that the bearish were end and bullish run of bitcoin will start. I believe when the bullish run no want would stop on it and i hope it will surpass the last year ATH price of 20,000 USD but it is very hard to happen nobody knows bitcoin could do iy again.
by looking at the current price maybe price of $ 20000 is very difficult to achieve for this year, but we believe the next year still continues bullish trend, so it can break the previous high
full member
Activity: 504
Merit: 105
September 29, 2018, 01:10:00 AM
#8
Let's hope that the bearish were end and bullish run of bitcoin will start. I believe when the bullish run no want would stop on it and i hope it will surpass the last year ATH price of 20,000 USD but it is very hard to happen nobody knows bitcoin could do iy again.
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