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Topic: How you know Bitcoin bearish or bullish trend ? (Read 222 times)

full member
Activity: 980
Merit: 114
Candlesticks formations should be able to tell the state of bitcoin and others trading assets par time!  I do used candlesticks to know if bitcoin or altcoins are in bearish stage or bullish stage with the combination of trendline indications.  However since bitcoin market is news it is easy to forecasts were price is heading by just follow some twitter handle.
hero member
Activity: 952
Merit: 503
We have seen many crypto vator/ specialist  use this word bearish or bullish. Actually what is bearish and bullish ? Bearish and Bullish are simply terms used to characterize trends in the currency. If currency price go down that means it's bearish trend. If currency price grow up then it's call bullish trend.
There is some people believe bearish trend and some people believe bullish trend.

So we are clear that simply, if price up it's call bearish trend. If price down it's call bullish.
There is nothing hard to understand.
You may need to have to edit your post as you mixed up the last part. You got it right the first paragraph and I am sure it was a mistake on your part. Bears and the bulls are just some terms formed by traders generally when it comes to the market and there is nothing hard to get there.

The bulls are always after the market going up and the bears if given the chance will want to crash the market as much as possible, and whichever one is operating at any point in term, is considered to take hold of the trend at that particular time.
newbie
Activity: 76
Merit: 0
Yes, Bitcoin is going down actually, so it's bearish. I hope it doesn't last long.

I also hope it will start recover from 7500$ zone
Well, we are all hoping it will, but hope will not take us anywhere, trend definitely will. The market is volatile and it can behave the way it wants but the most important thing relating to any market is just to know what to look out for in the market to know how to play it right. Bearish or bullish, there is always going to be a time for every trend. So far so good, nothing is sure or guaranteed.
newbie
Activity: 56
Merit: 0
We have seen many crypto vator/ specialist  use this word bearish or bullish. Actually what is bearish and bullish ? Bearish and Bullish are simply terms used to characterize trends in the currency. If currency price go down that means it's bearish trend. If currency price grow up then it's call bullish trend.
There is some people believe bearish trend and some people believe bullish trend.

So we are clear that simply, if price up it's call bearish trend. If price down it's call bullish.
There is nothing hard to understand.
Trading in bitcoin and altcoin markets is sometimes the price drops sharply and sometimes rises significantly. It is also influenced by several important factors that affect the price of bitcoin and altcoin at this time
sr. member
Activity: 714
Merit: 257
Yes, Bitcoin is going down actually, so it's bearish. I hope it doesn't last long.

I also hope it will start recover from 7500$ zone

It will re cover as it has aways done. Only the time g=frame in which it will do the recovery is a question.
Over long time i am bullish, a lot. It is unlike any asset we have had until now
legendary
Activity: 1442
Merit: 1016
We have seen many crypto vator/ specialist  use this word bearish or bullish. Actually what is bearish and bullish ? Bearish and Bullish are simply terms used to characterize trends in the currency. If currency price go down that means it's bearish trend. If currency price grow up then it's call bullish trend.
There is some people believe bearish trend and some people believe bullish trend.

So we are clear that simply, if price up it's call bearish trend. If price down it's call bullish.
There is nothing hard to understand.

To fully understand what bullish and bearish means it is wise to know how market trends are defined and when you can speak about a reversal of an on going trend. Furthermore it is important to understand how all the different time frames are connected, overlapped, with each other. You could be bearish on the 5 minute chart and be bullish on the 30 minute chart. This would mean the 5 minute chart is just a downward correction of the up moving 30 minute chart! Very important!
hero member
Activity: 616
Merit: 500
Bearish trend is a downward trend in the price of bitcoin or the overall fall in cryptocurrency market cap/indices. However, Bullish Trend is an upward trend in the price of bitcoin or the overall rise in cryptocurrency market cap/indices.
Yes and this is usually used for long-term or mid-term observations. Just wanted to make it clear that we don't use these terms to describe daily movements.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
being bullish or bearish is not just about going up or down respectively. it is about going higher and dropping lower also.
for example when you say market is bullish it means price has gone up and also it will go higher. so buying means making profit. opposite of that when you say we are on a bearish trend it means price has dropped AND also it may drop more so buying is not suggested.
in other words you use these trends to decide whether it is better to buy or sell at different times.
full member
Activity: 1330
Merit: 147
Yes, Bitcoin is going down actually, so it's bearish. I hope it doesn't last long.

I also hope it will start recover from 7500$ zone

Well i think there's a middle ground to it since there will be times when the price will be fluctuating a little less around a certain price. Like when it was up AND down around 8.5k. It's neither bullish nor bearish. And bulls or bears doesn't really take hold of the market for a very long time.
Bitcoin seems to have a downtrend if you see the chart, but if bitcoin price have to increase just will touch $8000 and then will fall back, you can see the chart in this week. There is a lot of bounce to the fall in prices that happened as yesterday. That is just my prediction, we cannot sure it will happen or not.
full member
Activity: 308
Merit: 101
Bearish trend is a downward trend in the price of bitcoin or the overall fall in cryptocurrency market cap/indices. However, Bullish Trend is an upward trend in the price of bitcoin or the overall rise in cryptocurrency market cap/indices.
hero member
Activity: 910
Merit: 501
If its below 8500$ its on bearish trend and if its over 8500 its on bullish trend
simple is this one. Watch for this level to buy or sell. Look for a break out over 8500 to buy more.
hero member
Activity: 1246
Merit: 529
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Yes, Bitcoin is going down actually, so it's bearish. I hope it doesn't last long.

I also hope it will start recover from 7500$ zone

Well i think there's a middle ground to it since there will be times when the price will be fluctuating a little less around a certain price. Like when it was up AND down around 8.5k. It's neither bullish nor bearish. And bulls or bears doesn't really take hold of the market for a very long time.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
Yes, Bitcoin is going down actually, so it's bearish. I hope it doesn't last long.

I also hope it will start recover from 7500$ zone
newbie
Activity: 10
Merit: 0
Yes, Bitcoin is going down actually, so it's bearish. I hope it doesn't last long.
member
Activity: 322
Merit: 12
Treat People How You Would Like To Be Treated.
It's actually the other way around.

Bearish = Going down

Bullish = Going up
legendary
Activity: 2408
Merit: 2226
Signature space for rent
We have seen many crypto vator/ specialist  use this word bearish or bullish. Actually what is bearish and bullish ? Bearish and Bullish are simply terms used to characterize trends in the currency. If currency price go down that means it's bearish trend. If currency price grow up then it's call bullish trend.
There is some people believe bearish trend and some people believe bullish trend.

So we are clear that simply, if price up it's call bearish trend. If price down it's call bullish.
There is nothing hard to understand.
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