Topic: Bitcoin Is Now Officially In Its Longest Bear Market Ever - page 7. (Read 1081 times)
That depends on the point of view and long period of time you take into consideration. Sometimes is hard to set the boundaries where bear market stops and bull market begins. Everyone is already losing patience for price to move up and market to enter into bull phase but don't forget that Bitcoin has already been in worse situation and has lost greater deal of value than it's now the situation. In short it could always be worse. But as always Bitcoin will recover, it's just the matter of time and how much of the value will be able to recover.
Sorry. The article is mistaken. Even by their measure, the bear market ended almost 2 months ago with the low in December around $3100.
Yep. At least it's false that it's "officially" in the longest bear market. 
We still don't know. Possibly we're going a step lower. But personally I think the probability of a ~$3100 low is higher.
Anyway, the length does not matter that much. The FUD is only keeping the prices low for no particular reason, so we should try to stay positive and share articles about things that matter like new regulations, adoption of blockchain and cryptocurrencies, financial support from various companies and stuff like that. I still believe bitcoin can make it out alive, so to speak.
Sorry. The article is mistaken. Even by their measure, the bear market ended almost 2 months ago with the low in December around $3100.
How can anyone say for sure that the bear market has already ended? People were calling bottom when the price dropped to $6,000 and were promising a bull run at the end of 2018. I don't see any signs that we have already passed the bottom, the nearest future is as always very uncertain.
Also, what actually counts as a bear market? Does a bear market ends when the bottom is reached, or is the phase of stagnation after the bottom or trading sideways also count as a bear market, and it only truly ends when a new bull run starts?
We are not in a bearish trend, we are in the accumulation phase, the bearish trend has already passed ...
Hopefully, but most people said the exact same thing in September or October last year. Then the market crashed 50%.
It's only possible to know if it's an accumulation or distribution phase long afterwards, in hindsight. The market has seen nothing but lower highs since December of 2017. Until that changes, I'm not even going to call it an "accumulation phase" yet.
Yet, I think we can call it an "accumulation phase". Many people are buying Bitcoin during these times, but the thing is that at the same time many BTC are being sold by those who have thousands and thousands of it. Why do I think many people are buying? If the daily trading volume is around $5 billion, as it is today for instance, and the change is only -0.22% that means that the amount of BTC bought by some people is equal to that sold by others. I think if there is still such a high demand after all those months of the bear market, there is a light at the end of the tunnel.
Bitcoin now is on the phase of sideways which the price does not increase or decrease too much. And every time the bitcoin price is up higher, in the next hours or day, the price will be down again. The situations continue like that, and I am afraid we are in this mode for a few months again. After this phase, bitcoin price can increase higher because the chance to go back to the higher price is wide open.
We are not in a bearish trend, we are in the accumulation phase, the bearish trend has already passed ... If the market is analyzed, they will realize, if they start to see triangles or figures, they do not make any sense.
A great time to accumulate more bitcoin, hopefully not to fall hard again since the price stable on that for months now. If you really analyze the market, you can see more good trends in long term and if you can be more patient you will invest more, profit can be higher as much.
An interesting fact that I did not know. At the end of 2017, the price of Bitcoin has risen too high, so now it will be very difficult to get to this level. I hope that in the near future the trend in the market will change and the price of bitcoin will rise again.
We are not in a bearish trend, we are in the accumulation phase, the bearish trend has already passed ...
Hopefully, but most people said the exact same thing in September or October last year. Then the market crashed 50%.
It's only possible to know if it's an accumulation or distribution phase long afterwards, in hindsight. The market has seen nothing but lower highs since December of 2017. Until that changes, I'm not even going to call it an "accumulation phase" yet.
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.
The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
You were right mate,these might be the longest bearish market people and cryptos have experienced but we will not lose hope because theres always a sunshine after every rain.Lets just take more advantage on this bear trend and hopefully in the near future we can maximize our profit and prove that cryptocurrency deserves that once it exist and people trust in it. The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
If that's the reality then we cannot do anything to change it.
What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.
It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.
What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.
It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.
Hey it’s real we’re indeed in a bear phase which has refused to end, but then again it should also be seen as a slow and steady accumulation phase. I like the fact that you’re ignoring short term fluctuations and negativity, and only focusing on the long term picture which will bring good returns. As far the prices are concerned currently there’re no positive news, which can lift it up we will have to be patient with the prices.
For my own opinion, we still experience bear market because there is no changes in the price, even the price of bitcoin is still around $3400-$3500. I really want to see uptrend market not a down trend market but do you know what month in this year we see the uprising price of cryptocurrencies?
Yes, I also want the increase in Bitcoin prices as soon as possible, very concerned about the current Bitcoin market condition, but we don't know when the increase will occur, I hope this year prices will rise again, because I have been patient for a long time. If that's the reality then we cannot do anything to change it.
What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.
It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.
If we keep reading negative articles or opinions about the market, there is a chance that we can lose our focus and our perspective will change. I am just following the flow of the cryptocurrency market and I am sure that the market will become good in this year. What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.
It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.
The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
This is old news.We are waiting for the longest bull market that will occur after 2020 for sure,so I couldn't care less about the bear market now.
The bear market will continue in the next 2 years,because it's impossible for btc to reach it's ATH again soon.
Scary times were in for sure. Interesting article relating to this topic:
https://www.forbes.com/sites/billybambrough/2019/01/30/blow-to-bitcoin-as-ceo-warns-crypto-winter-could-turn-nuclear/#3c9591df1078
Bitcoin and the wider cryptocurrency market has been suffering through a year-long bear market that was branded "crypto winter" late last year for its debilitating effect on the industry.
The bitcoin price has been falling steadily since it hit an all-time high of almost $20,000 in December 2017, dropping by some 80% over the last 13 months and dragging the wider market down with it.
Now, the chief executive of one blockchain company, Civic, is warning that that crypto winter could go "nuclear" if the bitcoin price falls much further.
bitcoin, bitcoin price, image
Many had hoped bitcoin's crypto winter could begin to thaw in 2019, but so far the bitcoin price has remained frigid.GETTY
"If we break below $3,000 for bitcoin, crypto winter will become crypto nuclear winter," Vinny Lingham, the CEO of digital identity software company Civic, said via Twitter.
"Bitcoin bear markets don’t end when the market indicates that there is a bottom. They typically end when the market indicates that there is no bottom," Lingham tweeted previously.
"The reality is that crypto needs real adoption and use cases," Lingham said in a recent interview. "Until we have that we’re not going to have another bubble. The speculative mania is over. People want real numbers and usage and transaction volumes."
https://www.forbes.com/sites/billybambrough/2019/01/30/blow-to-bitcoin-as-ceo-warns-crypto-winter-could-turn-nuclear/#3c9591df1078
Bitcoin and the wider cryptocurrency market has been suffering through a year-long bear market that was branded "crypto winter" late last year for its debilitating effect on the industry.
The bitcoin price has been falling steadily since it hit an all-time high of almost $20,000 in December 2017, dropping by some 80% over the last 13 months and dragging the wider market down with it.
Now, the chief executive of one blockchain company, Civic, is warning that that crypto winter could go "nuclear" if the bitcoin price falls much further.
bitcoin, bitcoin price, image
Many had hoped bitcoin's crypto winter could begin to thaw in 2019, but so far the bitcoin price has remained frigid.GETTY
"If we break below $3,000 for bitcoin, crypto winter will become crypto nuclear winter," Vinny Lingham, the CEO of digital identity software company Civic, said via Twitter.
"Bitcoin bear markets don’t end when the market indicates that there is a bottom. They typically end when the market indicates that there is no bottom," Lingham tweeted previously.
"The reality is that crypto needs real adoption and use cases," Lingham said in a recent interview. "Until we have that we’re not going to have another bubble. The speculative mania is over. People want real numbers and usage and transaction volumes."
If that's the reality then we cannot do anything to change it.
What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.
It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.
What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.
It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.
this time the condition of bitcoin scored history for 10 years of its development. but this is the cycle of travel that must be faced by BTC. because not every development without obstacles. if BTC is able to get out of this zone, it will certainly have a more rapid development
For my own opinion, we still experience bear market because there is no changes in the price, even the price of bitcoin is still around $3400-$3500. I really want to see uptrend market not a down trend market but do you know what month in this year we see the uprising price of cryptocurrencies?
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.
The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
Sorry. The article is mistaken. According to their criteria, the bear market ended almost 2 months ago with the low in December around $3100.The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
Sorry. The article is mistaken. Even by their measure, the bear market ended almost 2 months ago with the low in December around $3100.
Yep. At least it's false that it's "officially" in the longest bear market. All these articles (google "bitcoin longest bear market") seem to be copies from a text published in January (I found it at Bitcoin.com, but I doubt it's the original source) where they correctly state that it "may" be the longest bear market. Now some of these blogs (including Coindesk, which is a shame as they claim to be a "leading" Bitcoin media outlet) "actualized" it and it became "officially" the longest bear market ... but no lower low was recorded ....
We still don't know. Possibly we're going a step lower. But personally I think the probability of a ~$3100 low is higher.
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.
The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
Sorry. The article is mistaken. Even by their measure, the bear market ended almost 2 months ago with the low in December around $3100. The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.
As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.
the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
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