Bull or Bear season for crypto? - page 2.

MI6

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Quote from: Oasisman on October 13, 2019, 09:39:23 PM

Quote from: imstillthebest on October 13, 2019, 10:52:24 AM

Quote from: dessyhodin97 on September 26, 2019, 07:57:27 AM

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

we can be said that its a volatile season for crypto because the price goes like this > bear and then bull and then will go back on bear again ( as of the moment of this writing ) .

You cant call it "bearish" the current market condition right now. Instead, we are stabilizing at some point. To be specific $8,300 since last week. We have gotten away with the bearish season,and that was the time when we're floating around at $3,000 for several months. Bitcoin became even less volatile today.
Some speculations says we are in an accumulation phase, getting ready for the bull run next year.

I have same though, i think bitcoin more stable for now. Or at least we can see lowest price on last bear trend is already over. That is why price stable like this or maybe dumped a little for correction and be ready for next pump. People free to speculate right ?

Oasisman

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Quote from: imstillthebest on October 13, 2019, 10:52:24 AM

Quote from: dessyhodin97 on September 26, 2019, 07:57:27 AM

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

we can be said that its a volatile season for crypto because the price goes like this > bear and then bull and then will go back on bear again ( as of the moment of this writing ) .

You cant call it "bearish" the current market condition right now. Instead, we are stabilizing at some point. To be specific $8,300 since last week. We have gotten away with the bearish season,and that was the time when we're floating around at $3,000 for several months. Bitcoin became even less volatile today.
Some speculations says we are in an accumulation phase, getting ready for the bull run next year.

Zemomtum

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The last quarter of this year might be a bull run for alternative coins. Some have lost significant value amost over 90% from their all-time high. XRP has demonstrated this and let see if others will follow

d3nz

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We're still in a bearish period and as of todag the chart is showing that its gonna go down below $8k but its a opportunity to buy more since it will rise up after that just like the year 2017.

It's a good sign to make a buy position and make an observation whether if its gonna go that down or up since the markrt is unpredictable.

imstillthebest

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Quote from: dessyhodin97 on September 26, 2019, 07:57:27 AM

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

we can be said that its a volatile season for crypto because the price goes like this > bear and then bull and then will go back on bear again ( as of the moment of this writing ) .

last year 2018 was a bear season because there are rare occasion of bull runs and last two years ago was consider as a bull season . on the future , my only wish is that the price will be less volatile and better it only becomes stable at 11k or higher .

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Quote from: davinchi on October 12, 2019, 01:11:32 PM

Quote from: Edraket31 on October 11, 2019, 10:56:42 AM

This is crypto, unpredicted, we should just know how to go with the flow, meaning, we should study well on which coins we are investing/trading at.

Let's focus on few coins, let's make sure at least that we have knowledge about that coin, their strategy, what is the vision of their company, because most of the coins nowadays are just doing pump and dump strategy just to call the attention of investors/traders, let's be careful with them and study well.

When the bear market is finally over, the coin that have that potentially to follow an increase after the bear market are basically the coins that are the best on exchanges, those coins are going to be the main focus of people when bitcoin goes on consolidation, the sideways of bitcoin will make people to start purchasing some of these coins.

If I go to the market to shop for coins, I already know the older project which I don't have to read their whitepaper again to be convinced about them , they are already big and popular, so I will invest more in the, I mean coins like Ethereum, ripple, Binance coin which I think that there is an opportunity for people to invest in Binance now as it has dropped in value, so we those altcoins that are very low in rice and yet are counted as tops are what should be invested in.

You give a reasonable advice, there are many people out there that only think on the profits they can get and invest in an obscure coin that no one really knows because they want to get 100 times their capital not realizing that the risk they have taken is immense, it is better to invest in well known coins like ethereum that have a good chance to double and even triple your money during the next years if you are just patient, but those people will never understand this lesson until they lose their capital.

davinchi

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Quote from: Edraket31 on October 11, 2019, 10:56:42 AM

This is crypto, unpredicted, we should just know how to go with the flow, meaning, we should study well on which coins we are investing/trading at.

Let's focus on few coins, let's make sure at least that we have knowledge about that coin, their strategy, what is the vision of their company, because most of the coins nowadays are just doing pump and dump strategy just to call the attention of investors/traders, let's be careful with them and study well.

When the bear market is finally over, the coin that have that potentially to follow an increase after the bear market are basically the coins that are the best on exchanges, those coins are going to be the main focus of people when bitcoin goes on consolidation, the sideways of bitcoin will make people to start purchasing some of these coins.

If I go to the market to shop for coins, I already know the older project which I don't have to read their whitepaper again to be convinced about them , they are already big and popular, so I will invest more in the, I mean coins like Ethereum, ripple, Binance coin which I think that there is an opportunity for people to invest in Binance now as it has dropped in value, so we those altcoins that are very low in rice and yet are counted as tops are what should be invested in.

Edraket31

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Quote from: jostorres on October 08, 2019, 06:59:49 AM

Quote from: Silberman on October 05, 2019, 03:27:10 PM

those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.

All I know is that every coin have their own bear and bull season, it could get to a point where the season will coincide as a result of a factor that will give way for that, but naturally, all coins are independent of one another and if they are fully functioning very well, they should have a time where they will be favored and vice versa, according to how active they are in the market.

Bitcoin is already out of the bear market, and reason being that it is a very active coin, people use it a lot for payments and for investment, so the law of demand was able to act on them, but for other altcoins, I personally still don’t have much reason why I should use them when bitcoin is serving virtually all their purposes and I think this is what is affecting the market of most altcoins.

Exactly. This is crypto, unpredicted, we should just know how to go with the flow, meaning, we should study well on which coins we are investing/trading at.

Let's focus on few coins, let's make sure at least that we have knowledge about that coin, their strategy, what is the vision of their company, because most of the coins nowadays are just doing pump and dump strategy just to call the attention of investors/traders, let's be careful with them and study well.

STT

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Near term we are bullish as price battles 200 day moving average. I think we are clear for a run upto 10,000 but I believe we get profit taking at that point and the true measure of BTC strength then comes into play.

On a wider picture price today rose well but now have a double hurdle to pass with also previous volume in this area, both this year in spring and previous years going back to 2017. If we can confirm above this point on a 4hr bar then I think progress is clear to stage a proper rally but overall for this season I have the determination to stay quite bearish. Whereas from Feb onwards the correct stance was to recognize a series of rising low prices was bullish.

Silberman

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Quote from: jostorres on October 08, 2019, 06:59:49 AM

Quote from: Silberman on October 05, 2019, 03:27:10 PM

those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.

All I know is that every coin have their own bear and bull season, it could get to a point where the season will coincide as a result of a factor that will give way for that, but naturally, all coins are independent of one another and if they are fully functioning very well, they should have a time where they will be favored and vice versa, according to how active they are in the market.

snip

While it is true that coins can move independently from each other the truth is that all coins are correlated and move in similar ways during the same periods of time, the exception to this is when there is a very high hype for a particular coin and this makes it to move up when the rest of the coins are static, another way in which this happens is if there is an extremely negative news about a coin and this moves the price down, but if you look at the charts you will see that most coins still move in a similar way.

jostorres

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Quote from: Silberman on October 05, 2019, 03:27:10 PM

those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.

All I know is that every coin have their own bear and bull season, it could get to a point where the season will coincide as a result of a factor that will give way for that, but naturally, all coins are independent of one another and if they are fully functioning very well, they should have a time where they will be favored and vice versa, according to how active they are in the market.

Bitcoin is already out of the bear market, and reason being that it is a very active coin, people use it a lot for payments and for investment, so the law of demand was able to act on them, but for other altcoins, I personally still don’t have much reason why I should use them when bitcoin is serving virtually all their purposes and I think this is what is affecting the market of most altcoins.

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Quote from: el kaka22 on October 02, 2019, 03:46:17 AM

Right now? It is obviously a bear season. I am not entirely sure what constitutes a bear season tho. Like for example, if only whales sold bitcoin and price went down, is that whale too? Or does it have to be many people selling many bitcoins and the people thinking bitcoin is not good for business right now?

I feel like we should consider the % drop as well, 20% drop is not a bad one and could be considered a bear season but it didn't moved much ever since so it is not keep going down, is that bear season as well. We all know we are not in a bull season right now, that is at least guaranteed because we have gone down 20% in the past 10 days, which means we are not in bull but just because we are not in a bull season how can we say it is automatically bear season all of a sudden.

That is definitely one of the challenges, those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.

michellee

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We are in the small bull run for the altcoin Grin

The altcoin price can show the power for a moment while the bitcoin price does not increase or decrease, but we will soon see the real bull run coming. But the bear market still appears at the market now and it still there waiting for the time to leave the market. When the bear market is leaving the market, we will see all altcoin will trying to compete to raise the price. We will see the highest price from every altcoin, and then bitcoin will increase so high.

Pab

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We are still in bull market.Price at 8K is not bad.Most traders was expecting to hit 10K at the end of the year
But bitcoin went parabolic.It was to fast and to soon.Dominance from over 50% went to 75% .I think it was liquidity problem.Now BTC is more or less stable at 8K. It looks like accumulation time.Longer accumulation stronger rebound will be

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This has already been asked super recently, were still in bull until the market goes into a true downturn. This is just a part of the market cycle like the previous ones before it, on the initial run up to $10,000 there were plenty of 10%+ dips and swings. It's just the way crypto works.

But some says this is effect of BAKKT ,the opinion of people are divided about this issue ..

But for me just like your opinion?This is a cycle of market to prove how healthy it is and can be trusted since the prices are moving ups and downs

Also this favor those day traders because all thy need to do is speculate which coins will grow today or fall tomorrow

All and all?crypto community benefits from this

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Quote from: Ferris419 on October 03, 2019, 10:03:58 PM

I would not call it a bull nor the bear market. If Bitcoin goes back to 10K USD, that will be a bull market for me, and if it goes to under 7K USD that will be the bear market. Right now, Bitcoin stays in the middle. That's mean we don't know what gonna happen next. The price chart says Bitcoin's price will go up, but we know the price chart is not always.

That's the risk following those many predictions around, most of the time what being predicted won't happened but instead it will turned to the other side. Making your own observation and assessment will help you to decide to where to place your position. If you have good understanding and enough knowledge to make your assumptions it will be follow by patience and calmness to continue holding your assets.

Taskford

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Quote from: Ferris419 on October 03, 2019, 10:03:58 PM

I would not call it a bull nor the bear market. If Bitcoin goes back to 10K USD, that will be a bull market for me, and if it goes to under 7K USD that will be the bear market. Right now, Bitcoin stays in the middle. That's mean we don't know what gonna happen next. The price chart says Bitcoin's price will go up, but we know the price chart is not always.

The figure still low since we already came to that price few months ago and suddenly the price go back to 8k level so there's no bull happen but I think a correction with the prices, but if the price would cross to $15k mark then it's an indicator for us that we enter the bull season and provably it can trigger people to hold to earn more with the surge.

Dart18

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Obviously it is a bear market.
But there is something good in it. We could use it to buy more and then maybe sell later.
It is like the market is telling you to buy already. This could be a short one and the price will be seen up again in a short time.

Bear market somehow gives chances to those who want in at a cheaper price and this might be the cheapest of all after some time.

Ferris419

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I would not call it a bull nor the bear market. If Bitcoin goes back to 10K USD, that will be a bull market for me, and if it goes to under 7K USD that will be the bear market. Right now, Bitcoin stays in the middle. That's mean we don't know what gonna happen next. The price chart says Bitcoin's price will go up, but we know the price chart is not always.

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Quote from: gabbie2010 on October 03, 2019, 12:32:53 AM

Quote from: dessyhodin97 on September 26, 2019, 07:57:27 AM

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

In a long term perceptive using the monthly chart as a point of reference the price of cryptos is bearish while on a short term its bullish i.e good for experienced day trader, hence the market is bearish now (short term ), however the price might have reached a support at $8100 thus indicating a possible bearish runs as we approached the last quarter of the year thus there is the tendency that the prices of cryptos will be bullish before the end of the year.

Not only monthly but we should make price chart observations on daily basses better not to announce any price for day traders with out any proper knowledge. For day traders it need to make your own analysis than to trust any other persons skills. I know after long run bearish now it has stated to become bullish but to see it completely bullish we will have to hold.

Topic: Bull or Bear season for crypto? - page 2. (Read 914 times)