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Topic: Bull or Bear season for crypto? - page 5. (Read 914 times)

hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
September 27, 2019, 05:16:51 AM
#27
the latest condition now in the cryptocurrency world is that we are in the bear market period. the price reduction from $ 10,000 to the price of $ 8,000 can be said to be a sizeable dump. in addition, it has a considerable effect on almost all altcoins. This makes the bear market happen. so far, I see that the decline continues, and the price of bitcoin is very easy to touch the $ 7000 range. I hope prices recover soon this year.

Yes, now we are in a bear market period, but we will not be here forever. Volatility nature is that we are going in from one period to another, and vice versa, it`s how some people make a profit, waiting for dips to buy and then selling on tops.
Nobody can say when will be the end of the bear market, to short now is a crazy decision, the price can stop falling and start rising in hours. I recommend holding your funds now, and if it drops more it will be a good buying opportunity. This drop can turn out to be temporary.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 27, 2019, 01:21:54 AM
#26
the latest condition now in the cryptocurrency world is that we are in the bear market period. the price reduction from $ 10,000 to the price of $ 8,000 can be said to be a sizeable dump. in addition, it has a considerable effect on almost all altcoins. This makes the bear market happen. so far, I see that the decline continues, and the price of bitcoin is very easy to touch the $ 7000 range. I hope prices recover soon this year.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 26, 2019, 09:48:06 PM
#25
How if we can say that we are in the bull, but we are also in the bear? Because the market still on the highest price than before, but at the same time, we are at a low price than the last higher price. I think the price will be back to the higher price soon and related to this moment, and we need to control ourselves to wait for a while although the price seems to stay at the lower price, if you check on the market, the price still struggling to find a way to increase the rate. Maybe soon, we will see that bitcoin and altcoin will rise and meanwhile, right now, the altcoin is trying to get a new position in the market by increasing the price.
sr. member
Activity: 1638
Merit: 260
Trphy.io
September 26, 2019, 08:34:27 PM
#24
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?
the period of decline will is continuing because I read the news if Bitcoin will touch the price of $ 6000 or $ 7000, and I'm sure after the decline in the price of Bitcoin then Altcoin will rise. the condition market is currently still in red and we don't know how long that's it will hold. remember, before that you must be prepared to buy Bitcoin at current prices cheap because it is a good opportunity.
hero member
Activity: 1918
Merit: 564
September 26, 2019, 06:24:32 PM
#23
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?

Why such a question is now being asked because of the recent drop? Where are we the whole year of 2018? Where are we the 1Q of this year?

Look at the past performance and we can fairly say that we already past that bloody bearish market.

And a quick note, not because there's a drop, it can be considered right away as a bearish market "as a whole"*. There's a given timeframe for that for us to conclude that we are now again at the bearish market.

Bear or bull period is actually very subjective. It depends on where you are basing your timeframes. So for instance, when the price drops this week, it might be considered bear period as compared to last month but would be considered bull if you are referring sept last year. So I don't think we can get good arguments in terms of bearish or bull market. It depends on what point you are referring to.

Well if we consider the time frame since the beginning of Bitcoin market then we can say we are still on a Bullish market, cutting it from Jan. 2019, we are still in a Bullish market but the factor that we should consider most is the market sentiment, that dictates whether Bitcoin is bullish or not.  Consider the recent (quarter) market time frame, we are still on the bullish market but it seems Bearish market is starting to take phase.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
September 26, 2019, 06:20:30 PM
#22
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?

Why such a question is now being asked because of the recent drop? Where are we the whole year of 2018? Where are we the 1Q of this year?

Look at the past performance and we can fairly say that we already past that bloody bearish market.

And a quick note, not because there's a drop, it can be considered right away as a bearish market "as a whole"*. There's a given timeframe for that for us to conclude that we are now again at the bearish market.

Bear or bull period is actually very subjective. It depends on where you are basing your timeframes. So for instance, when the price drops this week, it might be considered bear period as compared to last month but would be considered bull if you are referring sept last year. So I don't think we can get good arguments in terms of bearish or bull market. It depends on what point you are referring to.
legendary
Activity: 3122
Merit: 1398
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September 26, 2019, 06:15:12 PM
#21
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?

Why such a question is now being asked because of the recent drop? Where are we the whole year of 2018? Where are we the 1Q of this year?

Look at the past performance and we can fairly say that we already past that bloody bearish market.

And a quick note, not because there's a drop, it can be considered right away as a bearish market "as a whole"*. There's a given timeframe for that for us to conclude that we are now again at the bearish market.
sr. member
Activity: 812
Merit: 253
●Social Crypto Trading●
September 26, 2019, 06:08:07 PM
#20
Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.

This is exactly it. Dropping further and further before the halving? Heh, that would only trigger a crazy pump that would need to correct afterwards. But no, the pressure from the bulls is there, halving is coming. After, yes, bear cycle probably.

I think so too. Prices should sky rocket after the halving it only makes sense. I hold onto my bitcoin for then.
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 2 consecutive days the bear market took place I lost 30% of my total amount. However, I am still here holding on until Cryptocurren recovers. Bitcoin has plummeted in the past 2 days creating FOMO, making things worse. But I believe that always putting faith in Bitcoin will soon reach $ 20,000.
If you don't need your money that much it's best to keep it on hold instead of selling it out of panic where you will surely lose your investment. Making decisions is critical as the market sways is unpredictable and can harm your emotions, be aware and make sure to keep your patience and still believes that it can be manageable and there's no need to rush out.

Panic sellings are weak let the weak be picked off when they dump and lets hope they never come back.

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?
I don't think we should call it Bull or Bear, because the market is in the process of adjusting prices. Bitcoin increased rapidly in Q2 when it increased from $ 3000 to $ 12000. Having long-term growth causes the Bitcoin price to quadruple in half a year, which makes things move so fast, so price adjustments appear. Price adjustments help the whole market return to its original trajectory.

Yes, it is sorta inbetween isn't it. No clear winner so it is unfair to say.
hero member
Activity: 2184
Merit: 531
September 26, 2019, 06:01:54 PM
#19
I think that we are still in bull and following EMA or triangles is not going to tell you with certainty in which cycle we are. We were in bear but did not go below 3000 and instead doubled that in a few days and went past the crucial level of 6 and then 10 thousand. Now we are in a crash from that level but this doesn't have to mean a full long bear cycle again. There was no all time high like every time when we crashed and entered bear market.

It was only a short pump followed by a short dump. Until I see us go back below 5000 dollars I'll say we are in a bull market.
full member
Activity: 672
Merit: 100
September 26, 2019, 05:53:52 PM
#18
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?
I don't think we should call it Bull or Bear, because the market is in the process of adjusting prices. Bitcoin increased rapidly in Q2 when it increased from $ 3000 to $ 12000. Having long-term growth causes the Bitcoin price to quadruple in half a year, which makes things move so fast, so price adjustments appear. Price adjustments help the whole market return to its original trajectory.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
September 26, 2019, 03:51:02 PM
#17
Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.

This is exactly it. Dropping further and further before the halving? Heh, that would only trigger a crazy pump that would need to correct afterwards. But no, the pressure from the bulls is there, halving is coming. After, yes, bear cycle probably.
full member
Activity: 798
Merit: 109
https://bmy.guide
September 26, 2019, 03:50:22 PM
#16
If someone knows I am pretty assured we are all in a good wealth now. I don't know what tools we are going to use in identifying what will happen next, a bull run or remain in a bear market. Even though how expert on TA will also have a mistake(a majority of them). Here is my conclusion that it will remain bear market, I have a strong feeling of doubt of what is the reason in a sudden dip on this week because on launching BAKTT. More investors or whales transfer their investment. IMO. Well, don't mind it because that is a cause of wild imagination, always bear in mind that only strong hand will have a better future and get massive profits for those who will wait for a long run.
legendary
Activity: 3038
Merit: 1169
September 26, 2019, 03:27:08 PM
#15
Pretty much to say we are still in the midst of the bull market, but because of the recent plummet of the price some people are considering the start of a bubble or us are back in the bearish market again, well, in my opinion, the price is still high and $ 8100 USD is a solid price for bitcoin and it is holding its ground despite that someone of somebody is making a move in giving the volatile movement a downtrend, I can not say if there are whales that orchestrated this or an exchange that dumps a portion of bitcoin or hacking of the system that has never mentioned by the news, but in my opinion, we are still intact in the bull market the price is still good for me.
hero member
Activity: 3038
Merit: 634
September 26, 2019, 03:05:56 PM
#14
Are you guys not convinced that we're already on a bull market? the bottom for this year was $3,400 and we are still @ $8,100. It was moved up to $13,000 and that convinced everybody that we're on a bull market.

And right now that the market has plunged and bitcoin went lower, everyone seems to see this now as a bear market?

Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.
Exactly. We are down from that price which is still good even though the market is correcting now.
sr. member
Activity: 360
Merit: 251
September 26, 2019, 02:10:09 PM
#13
I think it is like the bull and bear playing tug of war. It goes like a roller coaster. Look dat chart xD

They were saying in some news thing google showed me (I turned them off well on hide but that doesn't seem to work always they never seem to stay hidden) that bitcoin will never go below 10k again and that time is over.
I say buy bitcoins now. Bitcoin is so strange. You never know what is going on with it. Though much of the time you can profit since the graph for the price of bitcoin seems to touch every now again meaning back to where it was so you had a chance to make a profit during that time no matter what time you bought (so long as it is within reason and you never bought at the peak)
hero member
Activity: 2184
Merit: 531
September 26, 2019, 01:56:10 PM
#12
Still bull. We were going down for a year and on the path to sub 3000 dollars but broke that and went above 6000.

That run from 6 to 12 was a FOMO rally but the core move to 6000 is still there untouched. We're only deflating a balloon made of weak hands and FOMO kids that's all.

Not all Bitcoin investors are traders and not all that you see happening on exchanges should be acted upon. You can participate in the rat race or not.
copper member
Activity: 70
Merit: 22
September 26, 2019, 12:56:40 PM
#11
Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.
full member
Activity: 1470
Merit: 148
September 26, 2019, 12:47:17 PM
#10
I wouldn't agree with the lotion that, we are into bear again because, the bitcoin has been going down or on a downtrend  along with some major Altcoins. Even there will be a bear market, one can't determine it from the current downtrend, until we see another $6k per Bitcoin, then and there I will be convince of the bear.
We should also remember that, the market itself has not been booming like what we had in 2017, 2018 till date can be seen as Recovery mood of the market.
hero member
Activity: 1036
Merit: 504
September 26, 2019, 12:28:01 PM
#9
I believe we are going back to a bear market. I do not ever think we will see the 850 billion that we saw come in late 2017. Those days are over. Now we have mainly day traders, trading Bitcoin like they do Forex, so this is what now has destroyed the dream for many people coming into this niche thinking that they will ever get rich. Only if you know how to trade and you have capital doing so, then you might make some good bucks in this game. I don't consider a 250 billion market bullish anyway. Unless we went back to 500 - 800 billion I don't think of the market having been bullish since beginning of 2018.
member
Activity: 560
Merit: 28
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September 26, 2019, 11:54:26 AM
#8
No worries, bulls are still alive and still raging as well, whatever we are seeing presently is simply correction, i took the advantage today by buying some bitcoin for shortterm hold and i am sure i will get good profits, altcoin investors might be wrong though, they belief altcoin season is around the corner thats why btc price dropped
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