Bearish market continues? - page 2. | Bitcointalksearch.org

tygeade

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Quote from: ShowOff on June 03, 2022, 01:13:01 PM

I feel more confident that the gains are still unconfirmed even though the bitcoin price rose after the price correction in May. Bitcoin has been sideways for some time and that shouldn't be taken as 100% a good indication, as there are actually indications of a decline or correction when a sideway occurs. Investors will certainly be much more wary of buying now and that causes the market to be less excited. Something good is always expected, but we must not forget that bitcoin has two possibilities for its price.

I do not think that bitcoin being sideways and turning into bear market is a possibility anymore. If it was such a possibility then the price would have gone down, but it didn't and the impending price is a lot higher according to all the indicators we have.

From MA to EMA, to BB, to even fear/greed index, when you look at everything, it looks like the price should be going up and I believe the same case, I believe that we are going to end up not getting any trouble at all. I fear that we should not be really losing hope about bitcoin, the price going down sounds like losing hope about bitcoin and it should not be like that, you should be trusting it to go up again.

Joshapat

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For more than 7 months the market has not recovered, this makes us have to make a long -term target if we want to profit, many panic and sell bitcoin even though we have to lose, for those who have experience with cryptocurrencies then this is a good opportunity to buy because of profit We get big as soon as we get.

EdenHazard

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Quote from: Yaunfitda on June 03, 2022, 04:10:20 PM

Quote from: fzkto on June 03, 2022, 11:37:32 AM

Bitcoin is artificially raised and deflated in a narrow range. I think there could be a rebound very soon, because a lot of indicators say so. There were similar situations in 2018 and 2020, now it has been 2 years since the last dump too. The bad news because of the LUNA scam has affected the market negatively. Now it is left to consolidate and the road to the top is open.

More likely though, this is similar to 2018, which is obviously a bear market, so I don't think that we will rebound soon. Just probably in the range of $30k'ish for sometime.

The Luna scam effect has been forgotten in my opinion, yes, lots of investors lost their money, but we've gotten to the point that we have move already from that debacle and no longer has that effect on bitcoin investors. Still the war and the inflation that really put a dent on us.

The luna big scandal are indeed making crypto a bit looks bad.

But of course not completely bad , it's just a shovk theraphy that might last for short time , im pretty sure about that.
Despite yeah if we zoom in a bit about how bitcoin price looks so bear if you set the time frame of 2020 to 2022 now .. but actually we always bullish , keep that in mind and you are doing just good.

kawetsriyanto

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Quote from: Wong Gendheng on June 01, 2022, 01:50:25 AM

The last 3 days the price of Bitcoin has not dropped below $ 30k, in my opinion this is a good indication that the market immediately improve ,

In reality, the price of Bitcoin has dropped below $30k again today. So, it is untrue that it is a sign of the improvement in crypto market or the sign of an upcoming pump in BTC price. As far as I know, BTC price is in sideways lately, the current price range is around $28k - $32k. I think this situation will last for some months before the next dumps. In my own opinion after this sideways, the chance for a dump is bigger than a pump. So, don't expect too much about a significant increase in BTC price. Remember that we are in a bearish, the price tends to drop than increase.

https://www.coingecko.com/id/koin_koin/bitcoin

Yaunfitda

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Quote from: fzkto on June 03, 2022, 11:37:32 AM

Bitcoin is artificially raised and deflated in a narrow range. I think there could be a rebound very soon, because a lot of indicators say so. There were similar situations in 2018 and 2020, now it has been 2 years since the last dump too. The bad news because of the LUNA scam has affected the market negatively. Now it is left to consolidate and the road to the top is open.

More likely though, this is similar to 2018, which is obviously a bear market, so I don't think that we will rebound soon. Just probably in the range of $30k'ish for sometime.

The Luna scam effect has been forgotten in my opinion, yes, lots of investors lost their money, but we've gotten to the point that we have move already from that debacle and no longer has that effect on bitcoin investors. Still the war and the inflation that really put a dent on us.

stomachgrowls

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Quote from: fzkto on June 03, 2022, 11:37:32 AM

Bitcoin is artificially raised and deflated in a narrow range. I think there could be a rebound very soon, because a lot of indicators say so. There were similar situations in 2018 and 2020, now it has been 2 years since the last dump too. The bad news because of the LUNA scam has affected the market negatively. Now it is left to consolidate and the road to the top is open.

Rebound is really something that hard to guess or speculate on specially now the price is really making out some movement which is really on unsure basis specially it do plays around 29-31k

which is really hard to guess on what would be the next move but with some technicals then you could see that there is some really uncertainty on the current market condition
but its not something that precise we could rely on but at least we do have some idea on whats going on.

Totally in random? Yes, its always been like this, bear market or some reversal would always be the main question.

ShowOff

legendary

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Quote from: onecall123 on June 01, 2022, 03:20:04 AM

I believe Bitcoin will go further in the short-term, which could be considered bullish? Due to its importance, the whales and institutional investors could push past it briefly to gain that extra liquidity. They'll make some awesome gains, that's nothing new! Markets will react, but the bearish trend has not yet ended. Could we overcome this resistance? There's no such thing as the one little pump that makes everyone a bull again. At first, we'll hit around 34-35k.

I feel more confident that the gains are still unconfirmed even though the bitcoin price rose after the price correction in May. Bitcoin has been sideways for some time and that shouldn't be taken as 100% a good indication, as there are actually indications of a decline or correction when a sideway occurs. Investors will certainly be much more wary of buying now and that causes the market to be less excited. Something good is always expected, but we must not forget that bitcoin has two possibilities for its price.

fzkto

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Bitcoin is artificially raised and deflated in a narrow range. I think there could be a rebound very soon, because a lot of indicators say so. There were similar situations in 2018 and 2020, now it has been 2 years since the last dump too. The bad news because of the LUNA scam has affected the market negatively. Now it is left to consolidate and the road to the top is open.

BlackBaron

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#SWGT PRE-SALE IS LIVE

Quote from: Sir Legend on June 01, 2022, 09:12:35 PM

Yesterday the bitcoin price was close to $32k but now it's dropping again to around $29k, of course this is a strong indication that 2022 will repeat the 4-year trend, the best thing I do is do nothing, I'm optimistic that the market will rise again soon so if I sell now then can regret.

How do you relate to the cycle of movement in the last 4 years, I think bitcoin has stabilized several times at around 29-31k in the last month, so you should analyze many other patterns before connecting with previous cycles of movement.

jaberwock

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Quote from: onecall123 on June 01, 2022, 03:20:04 AM

I believe Bitcoin will go further in the short-term, which could be considered bullish? Due to its importance, the whales and institutional investors could push past it briefly to gain that extra liquidity. They'll make some awesome gains, that's nothing new! Markets will react, but the bearish trend has not yet ended. Could we overcome this resistance? There's no such thing as the one little pump that makes everyone a bull again. At first, we'll hit around 34-35k.

It is considered bullish as long as it breaks the 50k or 60k limit and stays there even by just a short period of time but if you mean to go further on the same price, then no that wasn't bullish. Btc is an important coin indeed but even coins that aren't that important can still be pumped up by the manipulators and I believe that even if btc isn't being pumped by them, it can still increase on its own or with the help of small investors.

Lots of them have a reason to buy btc and they can disregard the situation because btc was still useful on many other things not only for investing. A small pump could not be enough but we need a bigger pump if we want to see a bull market.

rodskee

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Quote from: Sir Legend on June 01, 2022, 09:12:35 PM

Yesterday the bitcoin price was close to $32k but now it's dropping again to around $29k, of course this is a strong indication that 2022 will repeat the 4-year trend, the best thing I do is do nothing, I'm optimistic that the market will rise again soon so if I sell now then can regret.

do Nothing? why not Buy more instead of that mate? doing nothing is like completely Holding without adding in which I believe is an old fashion way of dealing in crypto because nowadays the volatility of market is bringing us opportunity mostly so Buy the coin you wanted to Hold? and sell it when the price went up.
that isn't hard to understand so do it with your funds and be a profiting soon.

Sir Legend

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Yesterday the bitcoin price was close to $32k but now it's dropping again to around $29k, of course this is a strong indication that 2022 will repeat the 4-year trend, the best thing I do is do nothing, I'm optimistic that the market will rise again soon so if I sell now then can regret.

blockman

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It's back to $29k again. I guess there's one factor again that's related to altcoins and it's starting to make the whole market correlated to each other. As I believe, there's not that much impact if the issue is from the altcoins but we've seen the fiasco happen for LFG. Before it was UST and Luna and I think there's still a contribution from it but now, there goes the Sol network being on pause.
(https://news.bitcoin.com/solana-halts-block-production-validators-told-to-prep-for-a-restart-networks-decentralization-criticized/)

$crypto$

legendary

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Quote from: Hypnosis00 on June 01, 2022, 08:37:34 AM

Quote from: onecall123 on June 01, 2022, 03:20:04 AM

I believe Bitcoin will go further in the short-term, which could be considered bullish? Due to its importance, the whales and institutional investors could push past it briefly to gain that extra liquidity. They'll make some awesome gains, that's nothing new! Markets will react, but the bearish trend has not yet ended. Could we overcome this resistance? There's no such thing as the one little pump that makes everyone a bull again. At first, we'll hit around 34-35k.

That is optimism but then, we can't hide the fact that there is no guarantee with that easy pump and market recovery, it was indeed taking time to gain uptrend momentum. In fact, taking a look back at the previous bear season, we see that it takes a long time before the market recovers from the dip and likely be the same scenario that we are able to witness this time.

Nha, we can expect such a thing next year as it was likely impossible to commence this 2022. We need huge support from big investors and the manipulative power that these whales have.

But now it's quite better than the downtrend because bitcoin has recovered quite a bit at least not below 30k, I know there won't be any guarantees of recovering the market anytime soon but with the bulls now pretty sure in their optimism then this will certainly continue or be counterintuitive, but the positive trend is quite good at the moment.
Maybe in this scenario nothing is the same, the fact can change at any time because we think the bears haven't completely disappeared, but with an uptrend, investors believe the price will definitely increase.

Hypnosis00

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Quote from: onecall123 on June 01, 2022, 03:20:04 AM

I believe Bitcoin will go further in the short-term, which could be considered bullish? Due to its importance, the whales and institutional investors could push past it briefly to gain that extra liquidity. They'll make some awesome gains, that's nothing new! Markets will react, but the bearish trend has not yet ended. Could we overcome this resistance? There's no such thing as the one little pump that makes everyone a bull again. At first, we'll hit around 34-35k.

That is optimism but then, we can't hide the fact that there is no guarantee with that easy pump and market recovery, it was indeed taking time to gain uptrend momentum. In fact, taking a look back at the previous bear season, we see that it takes a long time before the market recovers from the dip and likely be the same scenario that we are able to witness this time.

Nha, we can expect such a thing next year as it was likely impossible to commence this 2022. We need huge support from big investors and the manipulative power that these whales have.

Wawa2013

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Quote from: Sebas.tian on June 01, 2022, 04:23:56 AM

Quote

The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.

I think, we are about to enter bullish market for people to stop panicking, because the price is preparing to increase higher to a level where long term investors will start earning from their investment. The price will definitely hit $60,000 before the end of this year 2022, because the price has moved to $32,000 few days ago that showed that very soon people will start experiencing massive pumping from the market for those that invested some years or months ago to start happy for what they are going to achieve from their investment.

Indeed Bitcoin has increased in price compared to one week ago and this is a positive thing. But Bitcoin's rise is still not that high, so it's still
too soon to conclude that Bitcoin is about to enter a bullish market. I think we should wait for Bitcoin to return above $40k first to make sure
Bitcoin starts to recover and enters a bullish trend. Because for me as long as Bitcoin is still below the $40k price, I think that Bitcoin is still
in a bearish trend. I say that does not mean I am pessimistic about the future of Bitcoin, but we must think carefully and not to be wrong
in making decisions. Even so I still really hope Bitcoin can return to the price of $ 60k this year, and the possibility is still very possible,
if we all start now to focus on collecting as much Bitcoin as possible. Because as more people collect Bitcoins, then slowly the price of Bitcoin
will continue to rise, because the demand for Bitcoin increases.

Sebas.tian

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Quote

The bearish market has been going on for a long time and everyone is used to the current market conditions and some people are trapped in panic selling when the market is bearish so that the bear market continues to occur at this time. whereas yesterday the market had a bullrun that broke through the $45k price but nothing could stop it so the market went down again.

I think, we are about to enter bullish market for people to stop panicking, because the price is preparing to increase higher to a level where long term investors will start earning from their investment. The price will definitely hit $60,000 before the end of this year 2022, because the price has moved to $32,000 few days ago that showed that very soon people will start experiencing massive pumping from the market for those that invested some years or months ago to start happy for what they are going to achieve from their investment.

onecall123

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I believe Bitcoin will go further in the short-term, which could be considered bullish? Due to its importance, the whales and institutional investors could push past it briefly to gain that extra liquidity. They'll make some awesome gains, that's nothing new! Markets will react, but the bearish trend has not yet ended. Could we overcome this resistance? There's no such thing as the one little pump that makes everyone a bull again. At first, we'll hit around 34-35k.

Wong Gendheng

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The last 3 days the price of Bitcoin has not dropped below $ 30k, in my opinion this is a good indication that the market immediately improve , this is because more and more companies and countries invest in Bitcoin, making the number of users increase.

kotajikikox

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Quote from: Sithara007 on May 18, 2022, 08:59:17 PM

Quote from: kotajikikox on May 18, 2022, 01:20:52 AM

but it is always depend in which currency we are investing , if we are tend to put our money in shitcoin then there is a big chances that we will be losing towards that 100% , but if we will secure our Funds in like Bitcoin or Binance coin? then there is a zero chance of this losing but we can experience dumping each time as volatility always takes place , no certain time but this coming to change our mind and strategy.
just keep Holding and you will take what you wanted to achieve .

Bitcoin is a high risk asset. And investing in any of the altcoins means that your risk factor gets multiplied by manytimes. I have refrained from investing in alts since 2018 (when most of them lost up to 99% of their value). And I don't see any point in taking this risk, since remaining invested in Bitcoin can easily get you 10x to 20x returns in the next 5 years. For me, ETH, BNB, ADA and BCH are some of the options that can be considered. But any other coin is out of consideration, at least for the short to medium term.

Yes and that is what I mean here , Bitcoin maybe risk to invest but altcoin is more riskier and we are not here to trust other coins for long term investments but for those who seek for short term? and those Greed investors? then yes they can rely in altcoins and their shitcoins but never blame the market for their attitude because no one pushes them to buy those coins and we keep advising the to Buy Bitcoin and make altcoin as secondary .

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