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Topic: Bullish VS Bearish - page 4. (Read 1265 times)

full member
Activity: 1064
Merit: 100
Combo Network
August 07, 2022, 06:22:01 AM
#84
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC. There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward. How does BTC answer it as the King of the Crypto world???
Bitcoin will fall at $1100? wow, that's a very unreasonable statement, I can guarantee Bitcoin will not go down to $1100,
Bitcoin is different from 10 years ago, haven't you seen the news about samsung, paypal, tesla and many other big companies holding bitcoin?,
yes that's why Bitcoin won't plunge to $1000.
member
Activity: 472
Merit: 56
August 07, 2022, 04:21:46 AM
#83
There is a tendency to put money in the crypto market for now, many people believe that the investment source here is very safe in conditions of a weak dollar, the trend for bitcoin is also heading to the recovery stage, although this will not fully recover in the future, therefore many investors have starting to re-enter the crypto market, so this is a permanent choice to make purchases, just need to wait for a complete recovery to get maximum profit and hopefully this year will be the next step of achieving ATH
The dollar is still very strong at the moment and is not yet in a weak state. If you don't believe me, try to look at the current dollar price on any exchange as well as stable coins whose price is adjusted to the current dollar. There must be an increase in the price now. And other cryptocurrencies are now still experiencing a very small percentage drop and I don't think it will be that long either because the price bounce up in this month will be back in the market even though it's still very far from the ATH it used to be.
Right now it is true that the dollar is strong, in fact the price increase is much more stable compared to last month, the percentage of cryptocurrencies has decreased a little but there is also a big one, I don't think to find new ATH in the next few weeks, but I believe for cryptocurrencies others will experience a slow recovery going forward, if you look at the current market scheme
Why is this happening? Since you said we're going lower, I'm convinced. Taking into account the lost amounts when bitcoin fell with the dollar, it will probably take a few years before we see money flowing back into crypto. Market sentiment is the opposite of what I believe. When the majority is poor, don't think like the majority. At the moment, the poor are bearish, making it difficult to reach new ATHs soon. As of yet, we have not seen a bottom. However, I am not convinced that it has been floored.
Market sentiment is a common thing that continues to happen, this reaction is what makes corrections and strengthening will continue, bitcoin and the dollar both have the power to find ATH, but if you look at current conditions it is unlikely to happen, the majority of people will re-enter the market, if the the correction will recover slowly, so it is still very possible that in the future the recovery will occur slowly, even though the ATH achievement does not have any signs
sr. member
Activity: 2268
Merit: 263
August 02, 2022, 12:08:02 AM
#82
I think for one to truly understand the market they need to be aware of both the bullish and bearish cases for Bitcoin. There are many of each. I personally think that Bitcoin has broken the barrier of acceptance and as a result of Wall Street wanting to offer it as a new financial asset class to be managed will perform quite well. However, I also recognize that hodling has no value and Bitcoin could easily be surpassed by another more useful form of cryptocurrency. I guess as an investor you have to weigh each side and decide which will be right and which will not.

Not just understand, but at least experienced both bearish and bullish cycle. And then they can decide what will be the best strategy on both cycles. Personally, I already experience it, but still a lot of learning curve. I guess the Wall Street entering the picture was a big thing for us. Specially at the end of the bullish cycle in 2017, where CME and CBoE enters the picture. Anyhow, we've seen that governments are also getting into the market so we all know that in fact bitcoin or some crypto will be useful and going to stay for so long because of that kind of adoption.
When talking about crypto people will definitely go towards the development of Bitcoin, that's why bitcoin is the most talked about and most valuable for now, adoption is needed to strengthen the coin, although other influences are also needed for the strength of certain coins, but the Bitcoin journey cycle has entered the quarterly category , meaning that yearly conditions can lead them to correct or strengthen, but that does not indicate that bitcoin has left or stopped strengthening, just for reasons of correction
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
August 01, 2022, 05:34:42 PM
#81
Teetering on precipice once more, we had a large green candle upto 23k on the 4hr chart and I think thats a fair value for the near term judgement of this last rebound.   If we can hold this line and build above I think we'll see more exciting gains occur possibly develop.


Recent high was 50% of the June peak to the June low, a rapid area of change we could recover and revise back in this current action. Lows right now are 38% and blue line is weekly average, hence it would seem quite good indication of our strength and fair judgement of positive or negative progression from here.
hero member
Activity: 2464
Merit: 621
Leading Crypto Sports Betting & Casino Platform
August 01, 2022, 05:00:26 PM
#80
Government getting into the market however are not always positive because sometimes they can order rules which are against to crypto.

Government does not get into cryptocurrency they only try to regulate the exchanges operating within their country. That is only the extent that they can go. They only try to imitate cryptocurrency by developing digital currency and that they can control and monitor but not cryptocurrency.
legendary
Activity: 2520
Merit: 1073
August 01, 2022, 10:24:19 AM
#79
I think for one to truly understand the market they need to be aware of both the bullish and bearish cases for Bitcoin. There are many of each. I personally think that Bitcoin has broken the barrier of acceptance and as a result of Wall Street wanting to offer it as a new financial asset class to be managed will perform quite well. However, I also recognize that hodling has no value and Bitcoin could easily be surpassed by another more useful form of cryptocurrency. I guess as an investor you have to weigh each side and decide which will be right and which will not.
Not just understand, but at least experienced both bearish and bullish cycle. And then they can decide what will be the best strategy on both cycles. Personally, I already experience it, but still a lot of learning curve. I guess the Wall Street entering the picture was a big thing for us. Specially at the end of the bullish cycle in 2017, where CME and CBoE enters the picture. Anyhow, we've seen that governments are also getting into the market so we all know that in fact bitcoin or some crypto will be useful and going to stay for so long because of that kind of adoption.
I think that's the one that he mean, to experience the real thing because reading to understand is the same as being aware. Both are just lite but the real thing will be to experience the real thing. The best strategy once we are in a bear is to buy and hold, or if there are small fluctuations, small short trades can also works wonder while if we are in a bull run, it's obvious that the best strategy is only to sell.

I wouldn't advise to get a little greedy and hodl or buy some more as it's pretty risky. Wall street and other big names in the financial industry are good thing. Government getting into the market however are not always positive because sometimes they can order rules which are against to crypto.
legendary
Activity: 2576
Merit: 1655
July 31, 2022, 10:38:05 AM
#78
I think for one to truly understand the market they need to be aware of both the bullish and bearish cases for Bitcoin. There are many of each. I personally think that Bitcoin has broken the barrier of acceptance and as a result of Wall Street wanting to offer it as a new financial asset class to be managed will perform quite well. However, I also recognize that hodling has no value and Bitcoin could easily be surpassed by another more useful form of cryptocurrency. I guess as an investor you have to weigh each side and decide which will be right and which will not.

Not just understand, but at least experienced both bearish and bullish cycle. And then they can decide what will be the best strategy on both cycles. Personally, I already experience it, but still a lot of learning curve. I guess the Wall Street entering the picture was a big thing for us. Specially at the end of the bullish cycle in 2017, where CME and CBoE enters the picture. Anyhow, we've seen that governments are also getting into the market so we all know that in fact bitcoin or some crypto will be useful and going to stay for so long because of that kind of adoption.
sr. member
Activity: 2618
Merit: 439
July 27, 2022, 05:36:11 AM
#77
Theres always a case for and against and to state only one is blind hope usually, theres no way to know or say which wins; each day its a maybe.   Who knows which dictator will do something next, anything can trigger events and sell offs.   The difference in bullish or bearish trending is that we can develop bias so even with negative news it can resolve upwards, hard to state.



I just want this price action to resolve upwards, BTC already acted quite negatively enough.  Any further and I presume we have to redo the whole range of prices seen this year mostly the negative ones first.
That sentiment are valid because the price this whole year seems to be  a whole year of small pump but big dump , we are staying at low level up to now as almost the whole year is near bear ,
maybe there will some good increase in the end of the year but surely this is shorter than those who expect a hype.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 27, 2022, 01:55:06 AM
#76
We wont really be calling it a market if it does only move on one path or way which we cant really see even on traditional markets that we do know.Price would be always volatile and therefore it would really be just common sense that you would really be doing lots of analysis and predictions on where prices could go and its true that in bear times then we should really be wise on making out decisions on getting in but i cant blame out people to be dubious on time like this since the price could even go lower after we had bought up on the tentative bottom that we do presume and thats why
whenever we do see declines then making yourself in would be always a challenged for someone since we are tending to risk real money on here for us to invest.
If people still doubt when it's time for them to enter the market, especially if they doubt the results of their own analysis, we can't force them to stay in the market. They will see how the results of their analysis can match the conditions in the market or if they need to analyze it further. This is also related to the factor of doubt, fear if the market will decline further, how much money they should spend and so on. But if we never try to enter the market based on the results of our analysis, we will never know how well we are capable of analyzing market movements.

The main key to face a bear market we have to believe Bitcoin will recover and have a bright future, that way we will more easily face the bear
market that occurs. We must be able to see the positive side of the current bear market, which we are given the opportunity to buy Bitcoin at
a low price. Indeed, there is still a possibility that the price of Bitcoin will still fall lower than the current price. But as long as we believe Bitcoin
will recover, there is nothing to worry about if it is true that after we buy Bitcoin the price falls deeper.

As long as we don't sell our Bitcoin at a low price, then our opportunity to make a profit from Bitcoin is still open. Because as long as we can
patiently hold the Bitcoin we have and wait for the bull market to come, then we can make a profit from Bitcoin. If we look at the history of
Bitcoin movement, we can learn several times the price of Bitcoin falls during a bear market and can always recover again when a bull market
comes, even Bitcoin can always reach a much higher price than the previous price when the bull market comes.
By having confidence in bitcoin which will increase again and can provide great benefits to us, we will be able to move on and continue to invest in bitcoin. It will also help us to be able to see the benefits that bitcoin has provided where when the price drops sharply, we can use it to buy as much as we want. But we also have to remember that we don't need to buy bitcoin right away with all the money we have but rather divide it into several parts so that when the price drops again, we can buy again.

If we can hold bitcoin during these bear market times and not sell it out of panic or some other reason, we can feel the next price increase and sometimes this next price increase can be higher than before. But to get there, we must remain patient and must not panic because that is the key to see if we are allowed to use it or just keep waiting.
sr. member
Activity: 1666
Merit: 267
July 26, 2022, 09:20:54 PM
#75
This sentiments are not enough to push prices up. If we talk about news and hype it is how investors react to them that determines its effect o the market. I discovered investors react more to FUD than hypes. Bitcoin price might just have to wait for the next halving to see potential boast else if we rely on hypes and investors prices might keep rallying downward
Maybe the bitcoin price won't wait for the next half to start increasing in price because I think a lot of investors have started buying lots of bitcoins at low prices. And if a lot of news and hype or FUD happens again out there, investors will definitely use it to their advantage because some of them already understand that bitcoin will definitely bring them big profits in the future. Investors who react because of FUD, hype or other news should always analyze the conditions that occur in the market so that they can act according to the circumstances that occurred at that time.
I'm okay with not increasing this year, we still have next year and the following year if that will not happen, more bearish period means more fun accumulating cheap coins, especially bitcoin for sure. So, it's not really a problem if we believe in the future of crypto because we will just hold and accumulate if we have a chance to add to our portfolio.
We have to be patient again to wait for the price of bitcoin to increase again and who knows when that happens, we can use this time to buy more bitcoins while the price is still below. We are still lucky to be given the opportunity to buy more because the bear market is still ongoing and although we don't know when the bull market will come, it will surely come eventually. So now it's better for us to use this time as well as possible to collect potential coins that can increase when the bull market comes.

The main key to face a bear market we have to believe Bitcoin will recover and have a bright future, that way we will more easily face the bear
market that occurs. We must be able to see the positive side of the current bear market, which we are given the opportunity to buy Bitcoin at
a low price. Indeed, there is still a possibility that the price of Bitcoin will still fall lower than the current price. But as long as we believe Bitcoin
will recover, there is nothing to worry about if it is true that after we buy Bitcoin the price falls deeper.

As long as we don't sell our Bitcoin at a low price, then our opportunity to make a profit from Bitcoin is still open. Because as long as we can
patiently hold the Bitcoin we have and wait for the bull market to come, then we can make a profit from Bitcoin. If we look at the history of
Bitcoin movement, we can learn several times the price of Bitcoin falls during a bear market and can always recover again when a bull market
comes, even Bitcoin can always reach a much higher price than the previous price when the bull market comes.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
July 26, 2022, 07:42:02 PM
#74
Theres always a case for and against and to state only one is blind hope usually, theres no way to know or say which wins; each day its a maybe.   Who knows which dictator will do something next, anything can trigger events and sell offs.   The difference in bullish or bearish trending is that we can develop bias so even with negative news it can resolve upwards, hard to state.



I just want this price action to resolve upwards, BTC already acted quite negatively enough.  Any further and I presume we have to redo the whole range of prices seen this year mostly the negative ones first.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
July 26, 2022, 05:59:36 PM
#73
Why not? What if there's a good news or hype? This could lead for the public to buy and hodl their bitcoins which can also cause for the price to rise. The reason why we are reacting to fuds is because they are not true. We are defending bitcoin and we explain to those newbies if what is the real truth about btc and if what to believe. That's how old bitcoiners react on fuds and not reacting the other way like they are selling their coins.

When there are hypes, there's no need for them to react because what they saw is already true. Waiting for the halving is I think an example of hype but that's going to be a long wait so I think many of us will do something if they want to up the price.
What happens is that even if I think that the price could see some upwards movement there are many individuals which like the current market conditions, so even if a recovery was possible to attain ahead of the halving many people will do what they can to keep the price of bitcoin down, after all the longer the bear market continues the more likely it is the price will go down, and this will benefit all of those which have huge sums of fiat available to purchase bitcoin.
Definitely it's assured that bitcoin price is a beneficiary in two different perspective. I believe that during the bullrun and the time of bearish season. Bitcoin cryptocurrency is of two different advantages to investors. From what i observe into the cryptocurrency. It is very understandable that many people do achieve success when the price of Bitcoin falls and also achieve when the price of rise. Because of long term investment and long term investment of people. And also people who is ready to purchase cryptocurrency during the time of bearish market
hero member
Activity: 2548
Merit: 533
July 26, 2022, 04:23:17 PM
#72
This sentiments are not enough to push prices up. If we talk about news and hype it is how investors react to them that determines its effect o the market. I discovered investors react more to FUD than hypes. Bitcoin price might just have to wait for the next halving to see potential boast else if we rely on hypes and investors prices might keep rallying downward
Maybe the bitcoin price won't wait for the next half to start increasing in price because I think a lot of investors have started buying lots of bitcoins at low prices. And if a lot of news and hype or FUD happens again out there, investors will definitely use it to their advantage because some of them already understand that bitcoin will definitely bring them big profits in the future. Investors who react because of FUD, hype or other news should always analyze the conditions that occur in the market so that they can act according to the circumstances that occurred at that time.
I'm okay with not increasing this year, we still have next year and the following year if that will not happen, more bearish period means more fun accumulating cheap coins, especially bitcoin for sure. So, it's not really a problem if we believe in the future of crypto because we will just hold and accumulate if we have a chance to add to our portfolio.
We have to be patient again to wait for the price of bitcoin to increase again and who knows when that happens, we can use this time to buy more bitcoins while the price is still below. We are still lucky to be given the opportunity to buy more because the bear market is still ongoing and although we don't know when the bull market will come, it will surely come eventually. So now it's better for us to use this time as well as possible to collect potential coins that can increase when the bull market comes.
We wont really be calling it a market if it does only move on one path or way which we cant really see even on traditional markets that we do know.Price would be always volatile and therefore it would really be just common sense that you would really be doing lots of analysis and predictions on where prices could go and its true that in bear times then we should really be wise on making out decisions on getting in but i cant blame out people to be dubious on time like this since the price could even go lower after we had bought up on the tentative bottom that we do presume and thats why
whenever we do see declines then making yourself in would be always a challenged for someone since we are tending to risk real money on here for us to invest.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 26, 2022, 05:27:13 AM
#71
This sentiments are not enough to push prices up. If we talk about news and hype it is how investors react to them that determines its effect o the market. I discovered investors react more to FUD than hypes. Bitcoin price might just have to wait for the next halving to see potential boast else if we rely on hypes and investors prices might keep rallying downward
Maybe the bitcoin price won't wait for the next half to start increasing in price because I think a lot of investors have started buying lots of bitcoins at low prices. And if a lot of news and hype or FUD happens again out there, investors will definitely use it to their advantage because some of them already understand that bitcoin will definitely bring them big profits in the future. Investors who react because of FUD, hype or other news should always analyze the conditions that occur in the market so that they can act according to the circumstances that occurred at that time.
I'm okay with not increasing this year, we still have next year and the following year if that will not happen, more bearish period means more fun accumulating cheap coins, especially bitcoin for sure. So, it's not really a problem if we believe in the future of crypto because we will just hold and accumulate if we have a chance to add to our portfolio.
We have to be patient again to wait for the price of bitcoin to increase again and who knows when that happens, we can use this time to buy more bitcoins while the price is still below. We are still lucky to be given the opportunity to buy more because the bear market is still ongoing and although we don't know when the bull market will come, it will surely come eventually. So now it's better for us to use this time as well as possible to collect potential coins that can increase when the bull market comes.
legendary
Activity: 2492
Merit: 1332
July 26, 2022, 03:40:01 AM
#70
Why not? What if there's a good news or hype? This could lead for the public to buy and hodl their bitcoins which can also cause for the price to rise. The reason why we are reacting to fuds is because they are not true. We are defending bitcoin and we explain to those newbies if what is the real truth about btc and if what to believe. That's how old bitcoiners react on fuds and not reacting the other way like they are selling their coins.

When there are hypes, there's no need for them to react because what they saw is already true. Waiting for the halving is I think an example of hype but that's going to be a long wait so I think many of us will do something if they want to up the price.
What happens is that even if I think that the price could see some upwards movement there are many individuals which like the current market conditions, so even if a recovery was possible to attain ahead of the halving many people will do what they can to keep the price of bitcoin down, after all the longer the bear market continues the more likely it is the price will go down, and this will benefit all of those which have huge sums of fiat available to purchase bitcoin.
legendary
Activity: 2674
Merit: 1208
Once a man, twice a child!
July 26, 2022, 02:49:51 AM
#69
The lowest price bitcoin analysts have predicted lately that I know about is $14000.
I saw $12,500 too. Those two figures are plausible anyway if we considered how erratic Bitcoin is. Even with price looking up now, we may still not be out of the woods. The good thing about this present dip is that it's creating an entry point for enthusiasts who missed out in the past to get in and then make money to change hands as paper hands offload theirs on the market. The gainers in all this will be those who sell and convert to stablecoins so they can buy back cheaper.

However, the $1,000 price projection is out of it. If we didn't get that in the last huge bear of 2018/19, I don't think we can now or going forward.
sr. member
Activity: 2044
Merit: 323
July 26, 2022, 01:45:46 AM
#68
There is a tendency to put money in the crypto market for now, many people believe that the investment source here is very safe in conditions of a weak dollar, the trend for bitcoin is also heading to the recovery stage, although this will not fully recover in the future, therefore many investors have starting to re-enter the crypto market, so this is a permanent choice to make purchases, just need to wait for a complete recovery to get maximum profit and hopefully this year will be the next step of achieving ATH
The dollar is still very strong at the moment and is not yet in a weak state. If you don't believe me, try to look at the current dollar price on any exchange as well as stable coins whose price is adjusted to the current dollar. There must be an increase in the price now. And other cryptocurrencies are now still experiencing a very small percentage drop and I don't think it will be that long either because the price bounce up in this month will be back in the market even though it's still very far from the ATH it used to be.
Right now it is true that the dollar is strong, in fact the price increase is much more stable compared to last month, the percentage of cryptocurrencies has decreased a little but there is also a big one, I don't think to find new ATH in the next few weeks, but I believe for cryptocurrencies others will experience a slow recovery going forward, if you look at the current market scheme
Why is this happening? Since you said we're going lower, I'm convinced. Taking into account the lost amounts when bitcoin fell with the dollar, it will probably take a few years before we see money flowing back into crypto. Market sentiment is the opposite of what I believe. When the majority is poor, don't think like the majority. At the moment, the poor are bearish, making it difficult to reach new ATHs soon. As of yet, we have not seen a bottom. However, I am not convinced that it has been floored.
sr. member
Activity: 2268
Merit: 263
July 26, 2022, 12:56:35 AM
#67
The development of the world economy and the potential for a recession is indeed very interesting to follow, especially in the crypto market in this case BTC. There are many views from some financial analysts, analyzing the value of BTC will fall to US $ 1,100 price and some say Bitcoin is very bullish going forward. How does BTC answer it as the King of the Crypto world???
This is not the first time that this news has been published to the public, remind you that in 2016 to 2020, bitcoin continued to be discussed, then there we also found answers from the results of the news that continued to circulate, it is not wrong that financial analysis began to try to make predictions, but bitcoin can run far from what they say or it could be the opposite reaction, if you want to know more about bitcoin, then study bitcoin in 2016 to 2020
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
July 25, 2022, 08:36:32 PM
#66
Today was a bearish day, we failed to hold momentum required to stay within a bullish projected scenario.   Highest prices today reflect weekly average and also 50 day, the only saving grace is we cease falling right as that would be the 30 day average but only if we rebuild and regain what we lost.   It is possible, the FED rate news is this week so event news can alter the price direction some and we these prices as a brief spike in the rear view mirror.
full member
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
July 24, 2022, 11:31:03 PM
#65
This sentiments are not enough to push prices up. If we talk about news and hype it is how investors react to them that determines its effect o the market. I discovered investors react more to FUD than hypes. Bitcoin price might just have to wait for the next halving to see potential boast else if we rely on hypes and investors prices might keep rallying downward
Maybe the bitcoin price won't wait for the next half to start increasing in price because I think a lot of investors have started buying lots of bitcoins at low prices.
but this does not reflect in our market now? look at the prices and still staying in same level as what we have in the recent months.
Yes there might be something good to come this next half but I am afraid this is enough to called hype?
Quote
And if a lot of news and hype or FUD happens again out there, investors will definitely use it to their advantage because some of them already understand that bitcoin will definitely bring them big profits in the future.
they might have increase of decrease , Fud or good news but the truth is? nothing will be certain still.
Quote
Investors who react because of FUD, hype or other news should always analyze the conditions that occur in the market so that they can act according to the circumstances that occurred at that time.
this is something they learned if they are truly willing to understand what it is and what happened .
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