BULL VS BEAR - page 2. | Bitcointalksearch.org

Ryker1

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Quote from: Jating on November 03, 2019, 09:21:04 AM

Well we went bullish last week or so, pushing the price of bitcoin to $10k some exchange. But the problem is that it was not sustainable and majority thinks that there could be some whales manipulating the price.

So currently, I would say that we are still in the bearish trend, not unless bitcoin broke that $10k, maintain its position and not being rejected again. So let's see how it goes, the uncertainty of the market is really hard to predict.

Well, I believed this also. I read recently that there are many predictions saying that Bitcoin will touch on $16k range by next week or by next month, the last quarter of the year. I believed that this is the start of bullish trend and we are excited about the next halving to come by next year and probably this promising event will give to us a good price in bitcoin in the market. Indeed, it is early to confirm and since the market is unpredictable, let us patiently wait for what will happen as long as we are in a healthy market condition.

Dart18

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And yet, up until now they are not stopping with their FUD or negative analysis about bitcoin but look at its price.
It is more expensive now even if they does that kind of things.

More like they helped shape up the bitcoin technology. As of how, they made people question what bitcoin is, specially newbies. Lots of research, since there is already a lot of ways to research like videos and forums like this, the knowledge is easy to access.
I hope they also considered that before trying to break bitcoin.

Getmon

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Quote from: Jating on November 03, 2019, 09:21:04 AM

Well we went bullish last week or so, pushing the price of bitcoin to $10k some exchange. But the problem is that it was not sustainable and majority thinks that there could be some whales manipulating the price.

So currently, I would say that we are still in the bearish trend, not unless bitcoin broke that $10k, maintain its position and not being rejected again. So let's see how it goes, the uncertainty of the market is really hard to predict.

Overall, we are neither on a bearish nor a bullish condition. If we fall from $9,000 that might be a sign of bears coming. But we are surely knocking on the $10,000 wall again and test if we can break it. We have entered it quickly but rejected after a very short while. In the coming days, Bitcoin will do that again. If we can enter that up to $10,200, I guess we can consider the $10,000 resistance wall pretty broken.

Jating

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Well we went bullish last week or so, pushing the price of bitcoin to $10k some exchange. But the problem is that it was not sustainable and majority thinks that there could be some whales manipulating the price.

So currently, I would say that we are still in the bearish trend, not unless bitcoin broke that $10k, maintain its position and not being rejected again. So let's see how it goes, the uncertainty of the market is really hard to predict.

BartS

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Quote from: Herbert2020 on October 22, 2019, 04:35:50 AM

Quote from: ?? on ??

The reason why the volatility is high simply because this is a world market that runs 24/7 and I agree that every pump there will be a dump after that.

there are many other markets that are also 24/7 but that doesn't make them volatile. the reason for bitcoin price volatility has nothing to do with that. it is only because of the small size of the market and the fact that it is also filled with a lot of newbies with weak hands.
you should also know that rise and fall is not the same thing as pump and dump! when bitcoin price goes up it is a rise not a pump. if it were a pump and dump then it would have never been able to go beyond $100 let alone reach 5 digits!

Another reason for the great volatility of this market is that many traders in their desire to make profits use huge leverage, and when their predictions are mistaken and they lose their money this causes an immediate crash in the price.

And we must also remember there are whales out there with a huge mount of coins that can move the market as they wish and when you add the lack of volume and the limited supply of bitcoin this creates an even greater volatility.

error08

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Quote from: Oasisman on October 22, 2019, 03:32:17 AM

That's quite possible. As much as I dont believe in whales, but how we identify the market trend is through the supply and demand analysis. And It's far from impossible that people who has a really deep pocket could somehow dictate the market on which direction they want to go, though It's not really called a manipulation.

Not just possible, it's a fact in the crypto market due to relatively minor capitalization, they have enough resources to spend a huge amount of fiat currency to pump the price. No need to having full control to manipulate the market, it's occasionally happening just like I mentioned.

Quote from: Oasisman on October 22, 2019, 03:32:17 AM

Since manipulation means, having a full control towards the certain situation or the market.

What a nonsense made by yourself;
MANIPULATION
Noun
1. The action of manipulating something in a skilful manner.
2. The action of manipulating someone in a clever or unscrupulous way.

redsun114

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Quote from: samcrypto on October 21, 2019, 06:47:23 AM

Quote from: DeathAngel on October 18, 2019, 07:34:21 AM

The price is being artificially suppressed by those who have the power to do so. Don’t worry though, it’ll become too hard for them to continue to do so after the halving.

Patience is required.

They can’t manipulate the market always because someone will change the trend and everyone will follow that either up or down. Bitcoin is good at bear and stronger during bull so take that patience in you and have a good decision to hold more. Panicking is no place for short term market, prepare for the future.

I stills smell some conspiracy in these price of bitcoin and not every dump that we see is actually from the part of the whales, I believe that even the government would be playing some games to always crash the value of bitcoin so that it can be discouraging to the people that are using it, but like you have all said, bitcoin is stronger than they actually think and I think that the time will come where they will have no way to actually manipulate the price again.

One thing about their price manipulation is that it even gets people to become stronger and more understanding about bitcoin rather than their main intention for crashing the price of bitcoin. The bears will not always have its way, their time is always very short in the market and with time, the bulls will surely take over the market and become the main dominant of the market.

Clement Kaliyar

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Quote from: GLOTHYD on October 05, 2019, 12:50:05 PM

The BTC price is directly dependent on the decisions of the governments of large countries regarding the circulation and use of virtual money. The emergence of prohibitions, taxes or fines for miners has a negative impact on the exchange rate of Bitcoin. This is especially noticeable when it comes to large market players, such as China or the United States.

The price of bitcoin depends upon the investors and the decision of a government might influence the rate at which the bitcoin is accepted globally but as long as there are investors in the market the price keeps moving, when China forced the exchanges to shut down they moved to other countries and the same happens with United States and it is highly unlikely that United States will ban the billion dollar market and the trillions invested in it worldwide and i am expecting the market to have a fair regulation.

Bustart

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Quote from: Oasisman on October 22, 2019, 03:32:17 AM

Quote from: error08 on October 22, 2019, 12:20:48 AM

Quote from: 1Referee on October 21, 2019, 05:34:14 PM

Quote from: sana54210 on October 21, 2019, 03:26:02 PM

I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.

No one is manipulating the market. It's just the fact that the market has turned full bearish, which automatically translates into inherently bearish formations to have an even higher tendency of breaking down.

There also isn't a central group that manipulates Bitcoin. If there was, that group would have a damn hard time steering the market into a direction that directly trades against the rest of the market. If we fall down like we have in the last couple of weeks, it's just an indication of lower demand. No point in blaming manipulators that aren't there.

What goes up hard must come down hard, which is something that Bitcoin is reminding people of almost every single year. Nothing new.

Bitcoin market manipulators do exist, they are responsible driven the market price by a pump and dump action on a Large scale. I've seen a whales spoke about it, he develops a trading app/analysis which used by other whales in many countries, when they decide to buy, millions of dollars inject to several exchanges thus the price suddenly spike and people captivated to buy, but at some point they will sell to get huge profits.
It would be easy to recognize, whenever the price spike up or drop in a short time within hours, it means whales do it.

That's quite possible. As much as I dont believe in whales, but how we identify the market trend is through the supply and demand analysis. And It's far from impossible that people who has a really deep pocket could somehow dictate the market on which direction they want to go, though It's not really called a manipulation. Since manipulation means, having a full control towards the certain situation or the market.

We're opposite on that perspective mate, I do believed on whales that they can do things possibly because they do have the capital to play with the game of cryptocurrency. Once those whales bought huge amount of bitcoin then hold it for so long, it would suppress the circulation. So they sell it once btc price crashed to cheaper price and hype will start.

Herbert2020

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Quote from: ?? on ??

The reason why the volatility is high simply because this is a world market that runs 24/7 and I agree that every pump there will be a dump after that.

there are many other markets that are also 24/7 but that doesn't make them volatile. the reason for bitcoin price volatility has nothing to do with that. it is only because of the small size of the market and the fact that it is also filled with a lot of newbies with weak hands.
you should also know that rise and fall is not the same thing as pump and dump! when bitcoin price goes up it is a rise not a pump. if it were a pump and dump then it would have never been able to go beyond $100 let alone reach 5 digits!

Oasisman

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Quote from: error08 on October 22, 2019, 12:20:48 AM

Quote from: 1Referee on October 21, 2019, 05:34:14 PM

Quote from: sana54210 on October 21, 2019, 03:26:02 PM

I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.

No one is manipulating the market. It's just the fact that the market has turned full bearish, which automatically translates into inherently bearish formations to have an even higher tendency of breaking down.

There also isn't a central group that manipulates Bitcoin. If there was, that group would have a damn hard time steering the market into a direction that directly trades against the rest of the market. If we fall down like we have in the last couple of weeks, it's just an indication of lower demand. No point in blaming manipulators that aren't there.

What goes up hard must come down hard, which is something that Bitcoin is reminding people of almost every single year. Nothing new.

Bitcoin market manipulators do exist, they are responsible driven the market price by a pump and dump action on a Large scale. I've seen a whales spoke about it, he develops a trading app/analysis which used by other whales in many countries, when they decide to buy, millions of dollars inject to several exchanges thus the price suddenly spike and people captivated to buy, but at some point they will sell to get huge profits.
It would be easy to recognize, whenever the price spike up or drop in a short time within hours, it means whales do it.

That's quite possible. As much as I dont believe in whales, but how we identify the market trend is through the supply and demand analysis. And It's far from impossible that people who has a really deep pocket could somehow dictate the market on which direction they want to go, though It's not really called a manipulation. Since manipulation means, having a full control towards the certain situation or the market.

error08

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Quote from: 1Referee on October 21, 2019, 05:34:14 PM

Quote from: sana54210 on October 21, 2019, 03:26:02 PM

I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.

No one is manipulating the market. It's just the fact that the market has turned full bearish, which automatically translates into inherently bearish formations to have an even higher tendency of breaking down.

There also isn't a central group that manipulates Bitcoin. If there was, that group would have a damn hard time steering the market into a direction that directly trades against the rest of the market. If we fall down like we have in the last couple of weeks, it's just an indication of lower demand. No point in blaming manipulators that aren't there.

What goes up hard must come down hard, which is something that Bitcoin is reminding people of almost every single year. Nothing new.

Bitcoin market manipulators do exist, they are responsible driven the market price by a pump and dump action on a Large scale. I've seen a whales spoke about it, he develops a trading app/analysis which used by other whales in many countries, when they decide to buy, millions of dollars inject to several exchanges thus the price suddenly spike and people captivated to buy, but at some point they will sell to get huge profits.
It would be easy to recognize, whenever the price spike up or drop in a short time within hours, it means whales do it.

AliMan

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Quote from: dimonstration on October 21, 2019, 03:29:06 AM

Quote from: Kasabus on October 18, 2019, 09:11:32 AM

Majority voted for $8,000, they are being in the safe side because that's the range of btc price this month.
We have to be more optimistic and remember that this market is a very unpredictable market so we could jump back again at $10,00 or over.
I just missed the deadline, I should have voted $10,000.

I'll go for $9k to $10k range, though only few days left before the month ends we can't really tell it's the price it can only achieved now, since the market is recovering a bit even it experience red in some days of this month it still able to be green after. It can still be push more to $9k, since no recent news can affect the price to pull down the price, the traders might be convinced to hold more BTC till the halving and buying it now for cheaper price can help for the price to achieve atleast more than $9k this month.

Let me add up an idea which also not certain by now but likely to occur one of these days and so on, $10.5k might be a potential one. That still depends non how the bitcoin market behaves, and as fluctuations remain so imminent we may experience a lot of struggles before hitting back again a progressive market. Bear and bull market will always remain so tight on their rivalry against competition.

1Referee

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Quote from: sana54210 on October 21, 2019, 03:26:02 PM

I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.

No one is manipulating the market. It's just the fact that the market has turned full bearish, which automatically translates into inherently bearish formations to have an even higher tendency of breaking down.

There also isn't a central group that manipulates Bitcoin. If there was, that group would have a damn hard time steering the market into a direction that directly trades against the rest of the market. If we fall down like we have in the last couple of weeks, it's just an indication of lower demand. No point in blaming manipulators that aren't there.

What goes up hard must come down hard, which is something that Bitcoin is reminding people of almost every single year. Nothing new.

It reminds me of my gaming time where noobs called you a cheater if you beat them fair and square. Grow a thicker skin and get to understand this market better.

sana54210

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I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.

There are not enough people who can spend millions of dollars and make bitcoin go back to $10k, those people are the whales and as long as whales or manipulators do not move the price up the regular folks do not have the coordination to get together and all buy at the same time. Look at how much bitcoin is bought everyday, if we could just stop quarter of it (all separate minutes, just make it look like its slowing down) then at a moments notice spend all that quarter of the buyers to buy at the same time then we would be around $10-$12k right now, but since they are spread throughout the day it doesn't happen.

the rise

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Quote from: ?? on ??

Inevitably, there is a battle between bull and bear , now control are for bear but people buying too
next week or after november , market will stable and dump will not affect like these days
And whenever halving time gets closer the bull will be in the foreground

Bitcoin history before halving is very strong bearish, and I think it's even worse than $ 6,500. If it refers to October alone, it will fluctuate at just $ 8,000. Next month will fall even worse to reshape the monthly pattern. Actually the market is also waiting for another good news sentiment to neutralize all of this in the opposite direction. otherwise there will be no frontal movement until the end of the year.

danherbias07

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You mean other coins are dependent to Bitcoin. Put a dot on that. It means there is no continuation.
Bitcoin had never been dependent to anything.
It is more like how much supporters will use it.
While on the other hand, other coins are expecting growth from how the bitcoin price moves.

One example is before, bitcoin up altcoins down and vice versa.
We dont see that anymore but that doesnt mean this other coins are independent. It just doesnt work like that anymore because of the stable coins that came in.

BitHodler

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Quote from: michellee on October 21, 2019, 07:14:34 AM

We can hope that we can control our emotions in the bear market because we want to make a big profit when the bull market comes.

Controlling emotions is a difficult task and requires people to have a rational---unbiased state of mind, which you clearly don't have because you are deep enough invested to feel uncomfortable as the price drops lower and lower.

Maybe that you can look into how shorting works, because it provides some sort of an insurance policy in case the market turns against your hodl position. That way bear markets are easier to go through because it makes you money.

Obviously, don't use crazy leverage mutipliers but one that allows you to ride the market down without being worrying about being stopped out. I would say anything below 5x will help you accomplishing that.

michellee

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Quote from: samcrypto on October 21, 2019, 06:47:23 AM

Quote from: DeathAngel on October 18, 2019, 07:34:21 AM

The price is being artificially suppressed by those who have the power to do so. Don’t worry though, it’ll become too hard for them to continue to do so after the halving.

Patience is required.

They can’t manipulate the market always because someone will change the trend and everyone will follow that either up or down. Bitcoin is good at bear and stronger during bull so take that patience in you and have a good decision to hold more. Panicking is no place for short term market, prepare for the future.

Only patience will keep us survive in this bear market. Bitcoin still stronger until now, and even the price is down many times below $8000, the price can back to $8000. But if you panic if the price is down, you will not see the opportunity that may come to you because when the price is down, that will a good time to buy more bitcoin. We can hope that we can control our emotions in the bear market because we want to make a big profit when the bull market comes.

samcrypto

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Quote from: DeathAngel on October 18, 2019, 07:34:21 AM

The price is being artificially suppressed by those who have the power to do so. Don’t worry though, it’ll become too hard for them to continue to do so after the halving.

Patience is required.

They can’t manipulate the market always because someone will change the trend and everyone will follow that either up or down. Bitcoin is good at bear and stronger during bull so take that patience in you and have a good decision to hold more. Panicking is no place for short term market, prepare for the future.

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