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Topic: Bitcoin might continue Bear market for another 1-2 months????? (Read 500 times)

full member
Activity: 420
Merit: 102
I was thinking we’d seen the worst but it doesn’t look like we’re out of the woods yet. There seems to be a concerted effort to keep the price down unforrunately.
And that effort to keep pushing it down is really baffling. From the look of things, until we are sure now before one can really say what the market holds up next and looking at the way the market has been reacting to resistance, it is obvious some group of people just would not let that go past that level which is very crazy though. From the look of things, I am beginning to see this year as the accumulating year.
hero member
Activity: 1008
Merit: 510
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

A recovery from a crash can take a few years. That’s what happened after the last crash at the end of 2013. I don’t think the price got back to the all time high for 4 years after that. I don’t really think that will happen this time since Bitcoin is more established now, but we should be prepared for that possibility. I think it will take at least the rest of this year and maybe longer.
legendary
Activity: 1442
Merit: 1025
Guessing what the price of Bitcoin is going to be in 2 months is just wild speculation. Looking at the charts from last year, the market was moving sideways till May, and everything started really booming then. If things repeat, then we can expect something similar this year, but its really impossible to say. Every year could be different.
Most especially when we are just starting the year. I would not blame anyone though since we are in the speculation thread but there are just sometimes that some speculations are not sound enough as they are not backed with any fundamentals. Anything can happen at any time, so expecting anything from the market like you said, at a particular point in time, is totally unreasonable. If the time comes, we will get to see what happens next.
sr. member
Activity: 1313
Merit: 302
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

Every year,the price of bitcoin is reduced to low value in March and April.This is happening now,so no need to boughter about it.To be independent of bitcoin price ,you have to inverse the unwanted money in bitcoin.It may be your savings from your salary or your long term saving money.
sr. member
Activity: 1400
Merit: 347
My first prediction was that we would be around 25k by the end of this month.

But now that we have this Mt.Gox problem, we can be going sideways until October, or even for the entire year.

That's why we need to go long. It will take time until all those coins are dumped.

member
Activity: 420
Merit: 19
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

Yah. There are chances bitcoin and other crypto currencies' value fall down. Every day we hear news on adaption or alteration. There is an equality in both if you look at. This is the reason you can see the bitcoin value being stable from $8500 to $9500. As per the history, after every correction there is a huge hike. So the value of bitcoin and other crypto currencies should start resuming back. Wish countries understand the need of crypto currencies to develop their countries and start accepting. Let’s hope so.
member
Activity: 576
Merit: 43
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

chances are it will happen if there is good news from bitcoin from some countries but if still there is no good news from bitcoin then it seems bitcoin price will be hard to go up again.
hero member
Activity: 2744
Merit: 541
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Well for me this is right,for another two months we will see same movements.more on red days and lucky if seeing greens for even a week..the correction must bfinished first before the right growth revealed.this happens many times before but this kind isnt normal,3 red flood in just a week.thats why I stopped checking price now,i dont wanna be stressed
hero member
Activity: 2870
Merit: 574
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For me i think on april the bitcoin price will grow because we all knows that summer is a good a time to find a job and to have extra income so perhaps it is good time also to make a full time in crypto such doing investment and trading. .and i think there will be a mini bullrun on summer. 

this is my prediction too because from the January until now, the price is not giving a good price and the price it seems to go down although it will back to the price before. I only think that we still have 9 months before the end of this year and I think that before this year ends, bitcoin price will be back to increase and it might break $19k and will increase higher.
legendary
Activity: 1512
Merit: 1041
March was just started and this is the first quarter of it. and we can't really call it a "bear market" yet. it is a weird sideways market in my opinion and nobody can predict where the price is going to go it keeps jumping up and down and doing nothing else.

right now thanks to the big FUD that has been going around the "down" part is getting a little bigger than it should have been.
Yes, the reason why a lot of people get panicking is because they conclude a lot even at the slightest and little changes in bitcoin movement. The fact that the market is down now does not mean it will remain as that, and over time, things can change at any time, which makes the idea of speculating that we are going to remain in a bear market for a long time like the OP said is totally absurd.

Really I am not expecting much from bitcoins myself anytime soon, but it is good for accumulation anyway pending when the flight will eventually take off. From the look of things, we still have a lot of huge resistance ahead of us and we may keep bouncing back down from there several times, so let's see how it goes, but for now, I am still looking forward to what happens next with this our push back into the down channel.
full member
Activity: 1064
Merit: 112
For me i think on april the bitcoin price will grow because we all knows that summer is a good a time to find a job and to have extra income so perhaps it is good time also to make a full time in crypto such doing investment and trading. .and i think there will be a mini bullrun on summer. 
full member
Activity: 602
Merit: 118
Currently the market is very unpredictable because the market isn't working properly as we know some whales are still manipulating by selling their coins at Mt Gox a few days ago, of course the bitcoin price collapsed, the current bitcoin price is $ 8,665 Looks like today they has resell.
sr. member
Activity: 659
Merit: 250
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.
In my own honest opinion this year would be going to establish a much strong support and accumulation we are in year of regulations so we can expect a pump and dump along with the Fuds and good news for the markrt because of this regulations talks and procedures.
full member
Activity: 742
Merit: 144
Bear market is ok for me as long as it doesn’t affect much my portfolio and besides I can’t do anything about it. We might see this thing but better not to panic. Always think about the good things of bitcoin, it can bounce back but we need more time for that.
legendary
Activity: 3164
Merit: 1127
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I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

we need a break, every forum is flooded with threads about prices and their forecasts and many questions, we need to rest and not talk about the price for a while, until recently I saw options for the fall of the bitcoin price for  $500. this is already scary, imagine that I come with my good mood and read 10 post and instead of laughing with something funny I leave here sad and panic


so make sure to not sell your coins for any reason except an emergency keep them

 Grin

just the person come to the bitcointalk that seconds later the person will sell all his bitcoins
sr. member
Activity: 980
Merit: 255
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.
You need to be prepared for the bear market to last a lot longer than that, it could last as long as you are stating but it could also last for years this is a reality many a of us do to not want to face but we need to be very direct that is a possibility and we need to be ready for it in the case that is the scenario that we are facing, so make sure to not sell your coins for any reason except an emergency keep them no matter what and if you have the money get even more bitcoin do it we know bitcoin is going to grow in the long term we just do not know when it's going to happen in the short term.
legendary
Activity: 3234
Merit: 5637
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People are expecting that the past year will be repeated from the start of this year,but for now we see that it is too difficult to hold above 10k$ level and almost impossible to break 12k$.Depending on the development of the situation in various countries of the world regarding regulation of cryptocurrency and some extra surprises in the form of MtGox,we may stay in bear market whole year or just few months.

It seems to me that such a situation might take 2-3 months at least,and that any upward trajectory is still not in sight.Some may not look good in all this,but on the other side it is good for people who want to join crypto train and for those who want to buy "cheap" coins.
sr. member
Activity: 560
Merit: 250
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

it seems that it is not very convincing because if the next 1-2 months there is no good news for bitcoin from various countries it is definitely bitcoin prices will be difficult to rise but if there is good news then bitcoin prices will be easy to ride praying just hope there is good news from bitcoin in order to make the price of bitcoin become expensive again.
sr. member
Activity: 1008
Merit: 355
I was expecting a run up in March at least but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

Your guess is as good as mine as Bitcoin has an unpredictable habit of going up and going down. Now, I guess there are some patterns that are already established and those can be good basis for knowing what can happen next. I can also sense that Bitcoin will not be able to overcome its bearish mood soon...maybe by the start of the 3rd quarter we can see it jump into $15K level. The thing is that when Bitcoin can be able to reach at least $12K many holders would let go of their holdings which in effect will pull down the price...this has been a pattern lately. 

legendary
Activity: 1666
Merit: 1001
It will be extremely hard to predict how, there are so many unpredictable event that keep on coming, many people expect March is going to be the start of the BTC healing and it did happen, but not for a long time, I think we will stick at this situation for a while, I think the BTC price will heal back on June or July, for March and April we will see roller coaster price
legendary
Activity: 3542
Merit: 1352
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I believe so, seeing that there aren't any signs that we have already broken any major resistance up ahead and a recent bombardment of negative news amplified the power of the bears as well. Recent analyses that I've come across doesn't show any enthusiasm about any rises but shows that the few weeks are gloomy and full of bull traps. I'd be cautious on buying in whenever there's rapid increase and just try to hold my horses whenever something I feel isn't right, especially at the price in the midst of bad news.
full member
Activity: 686
Merit: 108
I was thinking we’d seen the worst but it doesn’t look like we’re out of the woods yet. There seems to be a concerted effort to keep the price down unforrunately.

Bitcoins keeps on dumping though we heard a lot of good news around the world, someone is working on this dump. I expect bitcoin to bounce 2-3mos and hopefully this is not the end of cryptocurrency.
hero member
Activity: 1022
Merit: 521
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.
If you are a bitcoin user then you have to keep believe on bitcoin and have to support bitcoin. If we will support bitcoin then no one can make any harm to the price of bitcoin and in the coming weeks and months you will see the price of bitcoin increasing to a higher value. But if you will not support bitcoin and estimate from yourself that it cannot go higher then other people will also afraid and will unable to get the benefit of bitcoin.
full member
Activity: 2086
Merit: 193
Difficult to predict but a real bear market could be years..........

Its possible because this happen in the past when bitcoin was in the bear market and it took years to go up. But I expect bitcoin to bounce this year, I’m still bullish lets just be more patience and everything will be fine.
sr. member
Activity: 924
Merit: 260
If this your predictions becomes reality then we should continues buying instead of selling as a micro holder. Bitcoin may have a very bad years in this 2018 and that is the reality we may stay with. But now that we have bearish market it is seeing God is helping us to get more up by buying now.
newbie
Activity: 4
Merit: 0
I was thinking we’d seen the worst but it doesn’t look like we’re out of the woods yet. There seems to be a concerted effort to keep the price down unforrunately.

We require good sentiments now in the market for the some positive upward movement to happen which will help everybody confidence to be back and start investing in cryptocurrency again as people are keeping away regarding few concerned raised by the top CEO of the world. We needs to reduce this gap which will also encourage more users to buy and hold or spend this virtual currency,



Well it's not only bad news but dumping of 400m worth of btc definitely would have an effect on the marker. And it probably isn't done yet. So there'a a chance that the bear market will weigh a bit more at least for the first half of this year than the bulls.


Agree, April will have more FUDS....Though it's going to get regulated in few countries soon,maybe near start of new financial year.
full member
Activity: 294
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Difficult to predict but a real bear market could be years..........
hero member
Activity: 1246
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I was thinking we’d seen the worst but it doesn’t look like we’re out of the woods yet. There seems to be a concerted effort to keep the price down unforrunately.

We require good sentiments now in the market for the some positive upward movement to happen which will help everybody confidence to be back and start investing in cryptocurrency again as people are keeping away regarding few concerned raised by the top CEO of the world. We needs to reduce this gap which will also encourage more users to buy and hold or spend this virtual currency,



Well it's not only bad news but dumping of 400m worth of btc definitely would have an effect on the marker. And it probably isn't done yet. So there'a a chance that the bear market will weigh a bit more at least for the first half of this year than the bulls.
sr. member
Activity: 1512
Merit: 316
I was thinking we’d seen the worst but it doesn’t look like we’re out of the woods yet. There seems to be a concerted effort to keep the price down unforrunately.

We require good sentiments now in the market for the some positive upward movement to happen which will help everybody confidence to be back and start investing in cryptocurrency again as people are keeping away regarding few concerned raised by the top CEO of the world. We needs to reduce this gap which will also encourage more users to buy and hold or spend this virtual currency,

member
Activity: 154
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Bear markets can last a long time. The last time bitcoin had a bear market it took three years to recover the previous high. The bear doesn't turn till the last bull has capitulated. The fact that so many people still expect bitcoin to go back to $15k in a few months means that capitulation hasn't yet happened.

Exactly! All the cab drivers and bartenders who invested in bitcoin hoping easy riches need to be squeezed dry first. 2-3 years is enough for them needing to access theyr crypto investments for paying rent etc. The Squeeze of the Avarage Joe is the lifeline of bitcoin.
legendary
Activity: 1652
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Bear markets can last a long time. The last time bitcoin had a bear market it took three years to recover the previous high. The bear doesn't turn till the last bull has capitulated. The fact that so many people still expect bitcoin to go back to $15k in a few months means that capitulation hasn't yet happened.
hero member
Activity: 826
Merit: 518
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.
Unfortunately the price of bitcoin is falling again and it looks like will fall hardly again so this months also a red month for bitcoin and also the April too.Because there is an announcement that exchanges will be regulated and the regulations from many countries.SO hold your coins tightly and buy more coins if possible.
hero member
Activity: 2870
Merit: 574
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I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

many possibilities could happen with bitcoin and we are still at $9k-$11k for the price and maybe the price will increase after april but I hope in this march, we can see the price will back to increase although it is not too high. many people still waiting for the price and many of us predict that bitcoin could increase more than $20k in this year. so I think we can only prepare and still waiting for the price and let see what will happen in the next month.
legendary
Activity: 1442
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I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

This cup and handle we all saw, was a classic bulltrap after the mega run of last year.
Gentlemen we will need much more patience imo.
Hodl tight and stay away from the charts if inside you the feeling of not being able to take the pain anymore is growing.
Maybe take a timeout from crypto and do something else meanwhile.
full member
Activity: 1330
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I was thinking we’d seen the worst but it doesn’t look like we’re out of the woods yet. There seems to be a concerted effort to keep the price down unforrunately.
I think so, Investment and trading bitcoin is thin difference. I guess anyone who intends to invest in bitcoin by automatic he/she is definitely trading. I mean, if at first he has a long term investment strategy, when bitcoin prices go down like now then they will do like trading, sell and buy it at a low price. So they didn't do long-term hodl, sometimes in the current situation they swap it.
member
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I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.
In March there was no clarity about the bitcoin (stable) price increase that is still squared for bitcoin users to buy when the price actually goes up. a stable market can lift bitcoin prices slowly every month, suggesting that mid-year and year-end there will be an increase again for bitcoin, especially bitcoin trends everywhere as a result will all be used as investment or storage, and big players are also still in recovery .
full member
Activity: 392
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I’m one of those person who occasionally talks about price in daily basis because monitoring it cause more stress than satisfaction. Hold in long term would be the answer on every thread complaining such decreases, we won’t be worthy of a profit when we are impatient. 1-2 months bearish market or more are nothing when you can handle a one year long term hold or less for a bullish run.
legendary
Activity: 3556
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I was thinking we’d seen the worst but it doesn’t look like we’re out of the woods yet. There seems to be a concerted effort to keep the price down unforrunately.
hero member
Activity: 1526
Merit: 596
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

This is classic panic selling and I don't think that we're going to go under $7k in this dump.

It could last for 1-2 months before a recovery. I think that most likely though, it will recover before the end of the month to above $10k once again. This was not a sign of a bubble bursting or whatever, it's because of panic sellers looking at the news and taking it for face value without thinking about whether there is any implications for bitcoin in the long term resulting from this.

So this 'doom and gloom' bear  arket where everyone is screaming bitcoin's bursted will last for at least a week more I think, before finding a floor at around $8k. And then there could be a bull market again taking us up to $11-12k, but not much beyond that.
legendary
Activity: 1946
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March was just started and this is the first quarter of it. and we can't really call it a "bear market" yet. it is a weird sideways market in my opinion and nobody can predict where the price is going to go it keeps jumping up and down and doing nothing else.

right now thanks to the big FUD that has been going around the "down" part is getting a little bigger than it should have been.
copper member
Activity: 68
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Guessing what the price of Bitcoin is going to be in 2 months is just wild speculation. Looking at the charts from last year, the market was moving sideways till May, and everything started really booming then. If things repeat, then we can expect something similar this year, but its really impossible to say. Every year could be different.
newbie
Activity: 4
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I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.
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