Over the past few months, the market has been frustrating, it has dropped continuously, causing a lot of investors to suffer losses. Seizing this opportunity, many people have also invested in the hope that the market would bounce back soon. For the last few days, things have started to turned around again. The market has increased sharply, I think it would maintain this upward momentum for some time.
This is what makes that people who have patience will get satisfactory results, a patience ends with beautiful results. The price of cryptocurrency, especially bitcoin has increased significantly and currently has a much better value range than before. A price increase of about 2,000USD from the price of a month ago. We all still expect the same thing to happen because when it stably happens it is not impossible that bitcoin prices can reach the price ever reached at the end of 2017 that is 15,000USD. Nothing is impossible and bitcoin always shows miracles. 
Topic: Bearish trend is over - page 21. (Read 2151 times)
Over the past few months, the market has been frustrating, it has dropped continuously, causing a lot of investors to suffer losses. Seizing this opportunity, many people have also invested in the hope that the market would bounce back soon. For the last few days, things have started to turned around again. The market has increased sharply, I think it would maintain this upward momentum for some time.
For me, I honestly think that the bearish trend is not yet done. Right now, we are waiting for that Bitcoin whale from the now-defunct Mt. Gox cryptocurrency exchange to potentially dump his Bitcoin and Bitcoin Cash, which was expected to selloff in the open market instead of the over the counter style. It would likely go in the short-term bear trend plus another crypto exchange in the news would likely shut down, so that is another factor why the bear trend is not over yet. Who knows, either way I might be wrong or right.
In my opinion, I think this is a bull-trap. Next few weeks, we will experience again a bear market which I don't really want to happen. As I notice, bitcoin price jumps highly and bitcoin buyers will keep on buying till it will successfully reach the peak and what you have said, all support will turn to breakdowns and it will cause for a market to crash again.
For me, I honestly think that the bearish trend is not yet done. Right now, we are waiting for that Bitcoin whale from the now-defunct Mt. Gox cryptocurrency exchange to potentially dump his Bitcoin and Bitcoin Cash, which was expected to selloff in the open market instead of the over the counter style. It would likely go in the short-term bear trend plus another crypto exchange in the news would likely shut down, so that is another factor why the bear trend is not over yet. Who knows, either way I might be wrong or right.
Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
I don't believe on these bullish trend and bearish trend things because i really think that the price of Bitcoin and other coins was due to manipulation of the big whales in which they are capable of moving the price of any form of investments due to their huge source of resources. By facilitating the pump and dump strategy they will always be the winner and all we can do is if we are lucky enough that we could ride on to their games on time.
maybe what you say is right because if we take a look at the December, the price can increase higher but suddenly in January, we see that the price drops and finally its continue for a few months later. maybe the big whales take a part in that drops of the price so they can buy much bitcoin and hold it until they lifted the price again in a few months later. but for me, I think if we can follow the big whale's moves, we could still make a profit like them without worry that we are missed something.
Though it's hard to say this but yes we should just trust these whales because whether we like it or not they're the big ones here and we're just like puppet that easily following whatever their want. And if we look at the brighter side, we will all profit if we trust and follow them because after all they don't let their investment turns to nothing so they'll surely do anything and everything. So better be vigilant from whatever they did.
Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
I don't believe on these bullish trend and bearish trend things because i really think that the price of Bitcoin and other coins was due to manipulation of the big whales in which they are capable of moving the price of any form of investments due to their huge source of resources. By facilitating the pump and dump strategy they will always be the winner and all we can do is if we are lucky enough that we could ride on to their games on time.
Bullish and Bearish trend are just semantics. Of course we can't take away manipulation for outside forces here. Bitcoin has change al lot ever since it became a mode of investment of store of value for most people. And then the big boys coming in, changing the game into a whole new perspective like manipulation of sort to feed their games. Its really up to us to ride with them, otherwise we will drown. As far as the bearish trend, its looks like that we are getting away further away from the last bottom. But I can't say that we are in the bullish trend because there are some minor dumps happening every other day which is normal though. Daily traders taking profits and then casual investors buying in dips. $10000 will be touch for sure, I'm predicting that we can go over it in May.
Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
I don't believe on these bullish trend and bearish trend things because i really think that the price of Bitcoin and other coins was due to manipulation of the big whales in which they are capable of moving the price of any form of investments due to their huge source of resources. By facilitating the pump and dump strategy they will always be the winner and all we can do is if we are lucky enough that we could ride on to their games on time.
maybe what you say is right because if we take a look at the December, the price can increase higher but suddenly in January, we see that the price drops and finally its continue for a few months later. maybe the big whales take a part in that drops of the price so they can buy much bitcoin and hold it until they lifted the price again in a few months later. but for me, I think if we can follow the big whale's moves, we could still make a profit like them without worry that we are missed something.
Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
I don't believe on these bullish trend and bearish trend things because i really think that the price of Bitcoin and other coins was due to manipulation of the big whales in which they are capable of moving the price of any form of investments due to their huge source of resources. By facilitating the pump and dump strategy they will always be the winner and all we can do is if we are lucky enough that we could ride on to their games on time.
The trigger is all about the mass buy walls being created as bitcoin starts overcoming its resistance really. People now see the opportunity to buy more and profit themselves form this. I mean it would be bad idea if no one is getting into it right now as they will miss their so called profit train in the future!
This is just past reporting itself and people do conclude the future depending upon that and hence more and more buy walls are being created. The market is smooth for now, no one is panic selling and mostly buying. Bull trend is going to bigger the same way we had bearish trend!
This is just past reporting itself and people do conclude the future depending upon that and hence more and more buy walls are being created. The market is smooth for now, no one is panic selling and mostly buying. Bull trend is going to bigger the same way we had bearish trend!
Yes, the buy walls were seen all the way from tha 1k spike to 8000 a few weeks back, everyone saw the massive buy orders stack up and it was impossible to resist, just as the sell walls were impossible to resist when supposed Mt Gox trustee sold everything off. It is definitely not a bad idea to buy into it now even though the dip has passed. Anything below 10k is well below the expectations for most of us and I would be buying well into 12-13000.
Smooth market smooth seas ahead!
The trigger is all about the mass buy walls being created as bitcoin starts overcoming its resistance really. People now see the opportunity to buy more and profit themselves form this. I mean it would be bad idea if no one is getting into it right now as they will miss their so called profit train in the future!
This is just past reporting itself and people do conclude the future depending upon that and hence more and more buy walls are being created. The market is smooth for now, no one is panic selling and mostly buying. Bull trend is going to bigger the same way we had bearish trend!
This is just past reporting itself and people do conclude the future depending upon that and hence more and more buy walls are being created. The market is smooth for now, no one is panic selling and mostly buying. Bull trend is going to bigger the same way we had bearish trend!
I think that your analysis is valid, I believe we have reached the bottom of btc price and now it is in the works to take off again. I believe it will be able to reach $20k easily its just a matter of when.
I think seeing $15,000+ is quite close now, as the negative hysteria associated with crypto appears to have bottom out, and we're seeing a genuine strong reversal now.
The bottom was reached I agree on that but I disagree in the part in which you state that reaching 20000 is going to be easy, it is not going to be easy we got close to it thanks to a huge update by the developers and we got a huge hype by the media and by investors, it was almost the perfect storm and we will need the perfect storm to reach that price and surpass it.I think seeing $15,000+ is quite close now, as the negative hysteria associated with crypto appears to have bottom out, and we're seeing a genuine strong reversal now.
I would like to see a steady increase than a abrupt increase, stable price increase would bring us to the top and people are trusting bitcoin now
as it has already recovered and people believe we are bullish now.
I think that your analysis is valid, I believe we have reached the bottom of btc price and now it is in the works to take off again. I believe it will be able to reach $20k easily its just a matter of when.
I think seeing $15,000+ is quite close now, as the negative hysteria associated with crypto appears to have bottom out, and we're seeing a genuine strong reversal now.
The bottom was reached I agree on that but I disagree in the part in which you state that reaching 20000 is going to be easy, it is not going to be easy we got close to it thanks to a huge update by the developers and we got a huge hype by the media and by investors, it was almost the perfect storm and we will need the perfect storm to reach that price and surpass it. I think seeing $15,000+ is quite close now, as the negative hysteria associated with crypto appears to have bottom out, and we're seeing a genuine strong reversal now.
No the bearish trend isn't over yet. I don't think the bitcoin market is getting out of the bear phase this fast. The harder bitcoin pumped in the last rally I think the harder it is going to dump and we should expect few major flash crashes before we can see any recovery in the prices.
This bearish trend is nothing new in the real world industry. I mean everything in this world is constant, change is constant is not always about the ups there will come a time where we will experience downfall and the way I see it it is better to see it that way, because sooner or later this bearish trend will change to bullish trend.
Though the post was published about 2 months ago. So that time the bearish trend was not over and after two months also the trend is not over. But at this moment I think the market will come back again to ATH.
any basis behind what you just said or is it just another prediction based on hope?
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Though the post was published about 2 months ago. So that time the bearish trend was not over and after two months also the trend is not over. But at this moment I think the market will come back again to ATH.
unfortunately it is not over yet and since your post it has been around 2 months and this bearish trend haven`t stop, I wish we sold off the capital in the bull trend and I hope the 6.7k is the dip..
I see at a glance on daily chart of Bitcoin price, it seems that the market is still unsure for continuing bearish or creating reversal. My perception from the chart that the price is in support around 6500 - 7000 USD. If the price move to break 7000 USD then it will reverse to bullish as end of bearish but if the price is continuing bearish by breaking 6500 then the price will continue bearish. That is from a short technical analysis, while from fundamental analysis there are good news for bitcoin by involving big persons trader such as George Soros even this news to be clarified but it can be a positive news to pump bitcoin price. The other side a negative news related with ban from some giant social media such as facebook and twitter then followed by the most popular search engine, google. I think this kind of news are fighting inside market perception until it will be cleared out which one is valid and bigger influence to market.
I hope the good news will be valid and big influence to the market....This circumstance will validate the Bearish trend is over....
I hope the good news will be valid and big influence to the market....This circumstance will validate the Bearish trend is over....
I don't see the hell is over now. Although large investors are coming right now especially the current trending potential investor/trader in cryptocurrency, George Soros, could lift the price up soon, but let's not get our hopes up on that as exhaustion is still our passive threat in all of these price hike. Stating a popular investor is planning to trade in here could encourage investors to buy more Bitcoin. If more popular investor/businessmen would plan to invest in here then people would be comfortable now to hold their coins.
Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
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I can not see any uptrend any soon now, we may have to wait a little longer to see that. Perhaps the good way to earn profits now is to trade slowly.
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I can not see any uptrend any soon now, we may have to wait a little longer to see that. Perhaps the good way to earn profits now is to trade slowly.
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