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.
Topic: Bullish VS Bearish - page 5. (Read 1332 times)
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.
For this positive sentiment to happen, the news should be converted from FUD to hype. We then need lots of investors of funds to come into the Bitcoin market for the reversal from Bear Market to Bullish market happen. So what Bitcoin needs today is to have either adoption news of a developed country or a huge financial company investing to Bitcoin Market. This kind of news will greatly affect the market sentiment. BTW, we need not only one but several institution company pouring fund to Bitcoin market for the demand to outweigh the supply and for the price to start surging towards new Bitcoin ATH.
. 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
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.
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.hero member
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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. We need some positive sentiment or news which could really able to trigger up for the market to turn out to be bullish since we know that it is really highly reactive to news but not all the time. though.
Its really hard to predict and make out some movements on times like this where we are really moving sideways and making up decision whether we do go bullish or bearish on next month to come.
As we can see on upcoming news which is related to Mt.Gox which might able to trigger out some another FUD which might cause another panic in the market.
Its really hard to determine on what action should someone to make.
Its really hard to predict and make out some movements on times like this where we are really moving sideways and making up decision whether we do go bullish or bearish on next month to come.
As we can see on upcoming news which is related to Mt.Gox which might able to trigger out some another FUD which might cause another panic in the market.
Its really hard to determine on what action should someone to make.
For this positive sentiment to happen, the news should be converted from FUD to hype. We then need lots of investors of funds to come into the Bitcoin market for the reversal from Bear Market to Bullish market happen. So what Bitcoin needs today is to have either adoption news of a developed country or a huge financial company investing to Bitcoin Market. This kind of news will greatly affect the market sentiment. BTW, we need not only one but several institution company pouring fund to Bitcoin market for the demand to outweigh the supply and for the price to start surging towards new Bitcoin ATH.
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
We need some positive sentiment or news which could really able to trigger up for the market to turn out to be bullish since we know that it is really highly reactive to news but not all the time. though.
Its really hard to predict and make out some movements on times like this where we are really moving sideways and making up decision whether we do go bullish or bearish on next month to come.
As we can see on upcoming news which is related to Mt.Gox which might able to trigger out some another FUD which might cause another panic in the market.
Its really hard to determine on what action should someone to make.
Its really hard to predict and make out some movements on times like this where we are really moving sideways and making up decision whether we do go bullish or bearish on next month to come.
As we can see on upcoming news which is related to Mt.Gox which might able to trigger out some another FUD which might cause another panic in the market.
Its really hard to determine on what action should someone to make.
For this positive sentiment to happen, the news should be converted from FUD to hype. We then need lots of investors of funds to come into the Bitcoin market for the reversal from Bear Market to Bullish market happen. So what Bitcoin needs today is to have either adoption news of a developed country or a huge financial company investing to Bitcoin Market. This kind of news will greatly affect the market sentiment. BTW, we need not only one but several institution company pouring fund to Bitcoin market for the demand to outweigh the supply and for the price to start surging towards new Bitcoin ATH.
Bullish and bearish are things that can make us get maximum profit and in a short time, bitcoin and cryptocurrencies provide a good opportunity to get maximum profit if we can take advantage of bearish and pullish moments, although the bitcoin price is already over $23k but i'm sure the price will continue to rise and july can touch at least $28k.
Yes both bull and bear can maximize your profits if you fully understand all the specific risk, if you can point your investment to the right
timing and position you can go and do the short trade, but also, you needed to remember that it's not an easy task to do, there are always
sideways and fluctuations, if you unable to identify the right market movement, you also need to expect suffering from losing your money.
Maybe the bearish aren't over yet because we still have a few months left for the year. I assume that bitcoin's rise after hitting a low of $17K towards $23K is a good thing, but that doesn't prove that bearish is far from possible. Bitcoin is testing new resistance in the last few days and this is a positive thing to see, but clearly anything can happen as the market is still likely to be hit by FUD.
July will close at $25K in my opinion, so I'll be a little curious about that possibility.
At this point we need to recognize that almost anything can happen, maybe the price is going to keep showing a positive movement and we could break the current resistance level that we are facing, but we cannot deny the opposite scenario could happen as well and then another drop could happen, but regardless of what happens we need to be ready for it since we do not have any control at all about the market movements, and we can only control how we react to them.July will close at $25K in my opinion, so I'll be a little curious about that possibility.
Yeah, but more likely as we are in a bear market, the chance of the price to go up is very slim. But there could be occasions that we have like in the last week wherein there is a good price increase, breaking the support barriers but we don't know if we can maintain it. So the best thing to do is just prepared. And as far as making profits, I'm not experienced trading, so for me, a bear market is very hard for casual trader. Maybe those who have enough experience, but still not recipe for a good returns as the price might go down without warning.
Its really hard to predict and make out some movements on times like this where we are really moving sideways and making up decision whether we do go bullish or bearish on next month to come.
As we can see on upcoming news which is related to Mt.Gox which might able to trigger out some another FUD which might cause another panic in the market.
Its really hard to determine on what action should someone to make.
Maybe the bearish aren't over yet because we still have a few months left for the year. I assume that bitcoin's rise after hitting a low of $17K towards $23K is a good thing, but that doesn't prove that bearish is far from possible. Bitcoin is testing new resistance in the last few days and this is a positive thing to see, but clearly anything can happen as the market is still likely to be hit by FUD.
July will close at $25K in my opinion, so I'll be a little curious about that possibility.
At this point we need to recognize that almost anything can happen, maybe the price is going to keep showing a positive movement and we could break the current resistance level that we are facing, but we cannot deny the opposite scenario could happen as well and then another drop could happen, but regardless of what happens we need to be ready for it since we do not have any control at all about the market movements, and we can only control how we react to them.July will close at $25K in my opinion, so I'll be a little curious about that possibility.
Yeah, but more likely as we are in a bear market, the chance of the price to go up is very slim. But there could be occasions that we have like in the last week wherein there is a good price increase, breaking the support barriers but we don't know if we can maintain it. So the best thing to do is just prepared. And as far as making profits, I'm not experienced trading, so for me, a bear market is very hard for casual trader. Maybe those who have enough experience, but still not recipe for a good returns as the price might go down without warning.
Bullish and bearish are things that can make us get maximum profit and in a short time, bitcoin and cryptocurrencies provide a good opportunity to get maximum profit if we can take advantage of bearish and pullish moments, although the bitcoin price is already over $23k but i'm sure the price will continue to rise and july can touch at least $28k.
Only a very small percent of people are doing profits in this bear market so I don't know how someone could make "maximum profit in a short time" like you said. Sure , there will always be people who will chase profits even in the bear market and those are most likely whales or someone who is having a lot of money to play in a bear market.
Regarding rising ...well , kinda nothing indicates to a rise of bitcoin price into the next month as for now BTC cannot even surpass the 23k mark.
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???
but only few analyst that giving that perception that bitcoin would fall down to that level because even in the pandemic time when Covid 19 strikes the world bitcoin only fell down to 4k so what more now that the pandemic is almost done and the world economy is starting to recover in good shape?I'm not sure that it will ever come or maybe not in the sooner time.
and Bear is here but once Bull comes , we will immediately see the big change things that you did not mentioned here.
Maybe the bearish aren't over yet because we still have a few months left for the year. I assume that bitcoin's rise after hitting a low of $17K towards $23K is a good thing, but that doesn't prove that bearish is far from possible. Bitcoin is testing new resistance in the last few days and this is a positive thing to see, but clearly anything can happen as the market is still likely to be hit by FUD.
July will close at $25K in my opinion, so I'll be a little curious about that possibility.
At this point we need to recognize that almost anything can happen, maybe the price is going to keep showing a positive movement and we could break the current resistance level that we are facing, but we cannot deny the opposite scenario could happen as well and then another drop could happen, but regardless of what happens we need to be ready for it since we do not have any control at all about the market movements, and we can only control how we react to them. July will close at $25K in my opinion, so I'll be a little curious about that possibility.
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.
You have missed that many analysts who predicted about reaching zero value as well for more than decade of time. In my view, bitcoin market already bottomed out. Otherwise, we may have another stronger round of bearish market still which may not break the low of this year.July will close at $25K in my opinion, so I'll be a little curious about that possibility.
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.
In my understanding, crypto market especially bitcoin market is independent of world economy as bitcoin got its own set of criteria to get into bullish and bearish trends. Overall, we cannot ignore all the aspects of world economic movements as we have seen how start of pandemic effected into crypto markets. Yeah, in my opinion, the ongoing bearish market of crypro markets is purely due to its own set of criteria.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.
You have missed that many analysts who predicted about reaching zero value as well for more than decade of time. In my view, bitcoin market already bottomed out. Otherwise, we may have another stronger round of bearish market still which may not break the low of this year.
Looks like the short term bull is over because bitcoin price rose more than 20% in 4 days, and once touched $24k and now the market is dropping again to around $22,800k, I hope it's not red again and july can return to the $30k level.
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. Today the dollar is getting under pressure, due to a number of reasons, the recession is getting more and more unstable for the world economy, but strangely the crypto market has increased slightly compared to last week, especially with regard to bitcoin, there is a possibility that bitcoin will continue to recover in price going forward, as investors observers say, that if the dollar is hit down, then bitcoin has a chance to go up, this speculation is not entirely true, but if you look at the crypto market now, there is a possibility it will.
Because of inflation that depressed the dollar but indeed this recession most of Europe and Asia experienced a bad recession, but many people turned to crypto to maintain its stability and it is proven now bitcoin rose to $ 24k in a short time I believe some investors put their money in crypto because it doesn't want to be an over-recession.The opportunity for bitcoin to rise is possible because for me it is time for them to switch to crypto and become a bullish trend again.
Bitcoin was built to retain its value
Fiat was built to be abused and inflate
Bitcoin isn't going to go down to the 1k levels. Most financial analysts have no clue on crypto. Usually they give a low figure because they don't want it to succeed...
Fiat was built to be abused and inflate
Bitcoin isn't going to go down to the 1k levels. Most financial analysts have no clue on crypto. Usually they give a low figure because they don't want it to succeed...
Politics has eclipsed Economics basically, down to the point its now taught as a branch of government rather then reflecting capitalism or free markets. Till the world wakes up from that delusion paper money will continue to be unreliable and serve deficit spending by overly large government GDP influences in the economy. 1k is unlikely because deflation is unlikely longer term, Dollar is spiking because YEN and EURO has lost so much. I dont think Dollar continually gains and these two components continually lose more then Dollar.
We could have an event where YEN is especially unable to service its debt but I dont know that happens immediately and also the bank of Japan holds 1 trillion of US treasuries. I presume they must sell that asset in any greater weakness.
Bullish and bearish are things that can make us get maximum profit and in a short time, bitcoin and cryptocurrencies provide a good opportunity to get maximum profit if we can take advantage of bearish and pullish moments, although the bitcoin price is already over $23k but i'm sure the price will continue to rise and july can touch at least $28k.
Yes both bull and bear can maximize your profits if you fully understand all the specific risk, if you can point your investment to the right
timing and position you can go and do the short trade, but also, you needed to remember that it's not an easy task to do, there are always
sideways and fluctuations, if you unable to identify the right market movement, you also need to expect suffering from losing your money.
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