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Topic: BTC below 8459 could signal a Bear Market - page 2. (Read 201 times)

hero member
Activity: 2184
Merit: 513
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Actually, not going to offend anyone who don't agree with me but this kind of saying "if btc goes down below xxxx dollar then it's bearish market" is what making that bearish market really happen.
It's like self fulfilling propechy and the same thing happen to those to be said trading analyst that uses trading pattern drawing line here and there, they are indirectly influencing the market.
jr. member
Activity: 294
Merit: 3
Funny how you can go from a bear market to a bull market and back to a bear market in under a week...

This bull had no substance: Think about it!
sr. member
Activity: 574
Merit: 250
Perhaps there will be a temporary correction , it would be time for the market to grow as it was last year . Uh, there were times .  )))
member
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I hope it will hold 8500 mark otherwise we may see more down trend that will not be good for recently positive looking market, lets see how market turns out to be.
member
Activity: 280
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Funny how you can go from a bear market to a bull market and back to a bear market in under a week...
jr. member
Activity: 294
Merit: 3
The next bear will be big but the one that triggers the real bull market
full member
Activity: 364
Merit: 106
A break below $8,459 would signal a short-term bearish reversal and open the doors for a deeper sell-off = Bear Market

Opinion Only guys but a possibility!

If the market turns to shit load up on LTC: LTC will kick ass soon: Opinion!
Also load up on ETH

Having a proce of $8459 doesn't mean that we will enter a bear market. In fact, for me, that price is still high compared to the last dip that we had just experienced. How did you end up with such an opinion? Still, the price of bitcoin is still playing between the range of $9000 and $8800+.
jr. member
Activity: 294
Merit: 3
A break below $8,459 would signal a short-term bearish reversal and open the doors for a deeper sell-off = Bear Market

1 Mt Gox trustee sold over the counter
2 whoever bought it takes a short on the CME and sell them
3 BTC goes down
4 They then buy in at the low price!
5 They make a profit


Opinion Only guys but a possibility!

If the market turns to shit load up on LTC: LTC will kick ass soon: Opinion!
Also load up on ETH
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