Is bitcoin bearish or bullish | Bitcointalksearch.org

Bitcoinislife09

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Quote from: BIN-BIN on September 03, 2019, 02:39:57 AM

In the last 24 hours bitcoin have gain some amount of increase in it price, as at this time bitcoin is sitting at $10,349 and slowly gaining momentum to reach $11,000. With this slow and staggering price movement do you think bitcoin will reach $100,000 in the next few years as predicted by some analysts.
What is you take on this and also follow the link below to see the views of other investors and they stand.
https://zycrypto.com/bitcoin-is-medium-term-bearish-and-wont-see-100000-in-the-next-few-years-analyst/

We still do not know if bitcoin will have great price in the future so basically the price of bitcoin will depend on us just like what we do right now the more people who know bitcoin the more chances that the price goes up or simply the price will pump up and will result for another ATH price. However, as of now it seems bitcoin will end up in the price of 12000$-15000$ in the of this year.

SquallLeonhart

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Quote from: Wilhelm on September 15, 2019, 03:48:23 PM

The tide is changing and we are turning bullish.

I do see bitcoin is having gradual global adoption hence it may remain in bullish at least in long term even if may face bearish situations in short term. I think in 10 years all the people will be capable of spending money via their cellphone, that technology is already in the world right now and you can read some QR code to pay someone and that is with fiat money, you login to your banks mobile app open up some QR code reader and shop owner opens up theirs and then you do it right away.

It is very quick and its better than the cards we have that we put in our pins, the pin is our bank account entrance anyway. That exists right now and in 10 years it will become mainstream and standard for payment, when that happens crypto companies will take advantage of it and will allow you to pay via bitcoin. 10 years is a lot of time and a whole lot of new things could come up until then.

Danslip

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The recent market statistics show strong buy signals if I go to check the price based technical indicators. By the way, the fundamental factors are not as bad as previous years and the chances are high for the Bitcoin to reach the $13k sooner. Traders are also careful with these current price levels, the price laid down between $11000 and $10000 price boundaries. It increases demand and as demand increases, the more people jump to the trend and the trend goes up with higher power. Bearish market conditions will not let the bulls to take advantage of the confused traders and the market will go between the before-mentioned price levels due to the current market situation.

Wilhelm

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The tide is changing and we are turning bullish.

iv4n

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Quote from: btc_angela on September 14, 2019, 07:58:15 PM

For me we are going to enter the bullish trend after the block halving. Anything prior event before. that would just pump the price in short term. I say block halving because past history tell us that, although it is not a gauge how the future hold, but the last two halving chart really show us that it is the only thing that will boost the price, just a matter of time or how long it will take us to new all time high after the halving.

I was here in 2016 halving, and I can say to you that price didn`t jump right after halving, only in 2017 we saw exponential growth. Check charts from halving in 2012, same situation, bitcoin price jumped the year later. There is that time glitch, like the market is taking time to settle and only then we see price rise. Maybe we will see the same scenario this time too. We will need to wait mid 2020 for halving, and later few more months before we see some bull run similar to one in 2017. It would be great for all of us.

btc_angela

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For me we are going to enter the bullish trend after the block halving. Anything prior event before. that would just pump the price in short term. I say block halving because past history tell us that, although it is not a gauge how the future hold, but the last two halving chart really show us that it is the only thing that will boost the price, just a matter of time or how long it will take us to new all time high after the halving.

Distinctin

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Quote from: redsun114 on September 13, 2019, 02:01:16 PM

Long term bullish, mid term bullish, near short term bearish if you ask me. There is a gap in 8k which made it difficult for us to go up and because of that gap price is always drawn downside and that hurts us constantly, if we could just focus on getting that closed, sell all together and than decide what we will do later than we can actually make it back to 15k and more later on, without getting that its impossible for us to go up. So, that is why I believe in near short term bitcoin will definitely go down and than we will skyrocket afterwards.

However, if you look at the long term, its a great time to buy, 8k or not eventually I believe bitcoin will reach that 20k all time high and than even go up more than that later on so its a perfect time to buy right now.

A long-time to wait for sure if we wait for the price to drop down at $8k. But before that, I have to put some money when the price drops down a little bit $10,300. I don't know if this is a perfect price to buy with but I believe the market will give me some favor this time.

Back then...
The market resistance is still strong but we couldn't see that it grow higher more than a thing that we expect for. But I'm glad to see it moves from $10k to $11k last week, which might be pushing to move more before the end of this year but just like you, I don't believe that it will reach into $20k this year.

Lanatsa

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Quote from: RealMalatesta on September 14, 2019, 12:04:58 PM

Quote from: The Cryptologist on September 12, 2019, 09:09:05 PM

I'm very sure that we are still in a bullish sentiment but not compared to last few months were increase in price is much more aggressive and rapid. The price of bitcoin is raging from stable to bullish and it just keep going from $10k back to $9k and then again and so on. But because of the halving event hype, the bull period will surely stay as we get closer prior to that.

For now till the bull run end which will be next year we will remain bullish, though we might still be seeing some symptoms of bears at times in the market but those bears are not strong enough to create a big dump, they are just baby bears that easily be over powered by the bulls.

In every bullish trend, there is no way that we will not always have some corrections, and I think this is the correction that is always accompanying a bullish trend, but we are yet to be fully bullish and this is the time for us to sill prepare for the main bull because I know that when the main bull arises, we will surely go almost 3x of the currency value of bitcoin, so I also still see this present trend as a baby bull but string enough to hold the market on a green lane for the main time.

Too early to say with 3x with the current price of BTC itself but this can potentially happen when the market turns to full bull run.For now we are seeing sideways accumulation but somehow we can see some progress or recovery from the price.We cant say its already bullish yet there would always be some pullbacks but its good to see that we are gradually breaking out monthly higher highs and now we are trying to break that 10800 price but it seems it will still take time for us to achieve such event.For now you can utilize this wave like movements in price rather than going for long term yet making profits into this time is ideal if you do know on what you are doing.

RealMalatesta

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Quote from: The Cryptologist on September 12, 2019, 09:09:05 PM

I'm very sure that we are still in a bullish sentiment but not compared to last few months were increase in price is much more aggressive and rapid. The price of bitcoin is raging from stable to bullish and it just keep going from $10k back to $9k and then again and so on. But because of the halving event hype, the bull period will surely stay as we get closer prior to that.

For now till the bull run end which will be next year we will remain bullish, though we might still be seeing some symptoms of bears at times in the market but those bears are not strong enough to create a big dump, they are just baby bears that easily be over powered by the bulls.

In every bullish trend, there is no way that we will not always have some corrections, and I think this is the correction that is always accompanying a bullish trend, but we are yet to be fully bullish and this is the time for us to sill prepare for the main bull because I know that when the main bull arises, we will surely go almost 3x of the currency value of bitcoin, so I also still see this present trend as a baby bull but string enough to hold the market on a green lane for the main time.

redsun114

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Long term bullish, mid term bullish, near short term bearish if you ask me. There is a gap in 8k which made it difficult for us to go up and because of that gap price is always drawn downside and that hurts us constantly, if we could just focus on getting that closed, sell all together and than decide what we will do later than we can actually make it back to 15k and more later on, without getting that its impossible for us to go up. So, that is why I believe in near short term bitcoin will definitely go down and than we will skyrocket afterwards.

However, if you look at the long term, its a great time to buy, 8k or not eventually I believe bitcoin will reach that 20k all time high and than even go up more than that later on so its a perfect time to buy right now.

shoreno

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Quote from: Republikcoin.com on September 13, 2019, 10:40:32 AM

for now, the bitcoin phase cannot be said to be a bull run or bear market,

there is already a bull run that happened this year . it happend last few month ago but that is over . now we are on the new cycle or on the next cycle rather which was called a bear.

bitcoin is both bearish and bullish depending on the its value or depending on the mood swing of its users rather . not just only for a regular bitcoin user but manipulators such as whales are the ones that dictates the price the most if it will go up or down . we cant do anything about it aside from going with the flow or riding with the waves

Republikcoin.com

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Quote from: bitbunnny on September 11, 2019, 11:08:37 AM

Sometimes the conditions in the market is such that is hard to determine. I would say that at the moment we are in similar phase when we had mixture of both. But if you ask me this year we haven't seen true bullish phase of Bitcoin and probably it will not happen until the end of the year.

for now, the bitcoin phase cannot be said to be a bull run or bear market, in fact, it is very difficult to guess its movements. it can be up or down depending on the user. for now, I still predict that bitcoin prices will rise by the end of 2019. some predictions today say that the price of bitcoin can reach $ 10950 if there is a recovery. even though it's not such a high number, it's just that it's a good start.

Ridwan Fauzi

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Quote from: tukagero on September 06, 2019, 06:55:56 PM

Maybe this is the start of bull run ,cause i saw the latest news and posted on different social media sites that bakkt is now accepting bitcoin deposits,.this is what were waiting for.

Believe me I have often heard these speculation and news like this for a long time, but the price of bitcoin is still low and there is no extreme movement, bitcoin has reached a bull run some time ago, but stopped in short time. if you have not yet seen the price shows a positive trend and good news, then the bullish has not happened yet.

At least bitcoin price movement has gone away on the bearish market. Yeah I think $3500 is the lower price that can be reach by bitcoin and after that we will never see it again. About the bull run that had happened in August last month was the very strong movement until we never saw that its price touch below $9000 which is mean there is a possibility for the price touch another ATH but we never know it will happen. Expect if bitcoin price goes below of $9000 form the current market then I have a prediction that its price will goes deeply and after that will increase again.

1Referee

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Quote from: The Cryptologist on September 12, 2019, 09:09:05 PM

I'm very sure that we are still in a bullish sentiment but not compared to last few months were increase in price is much more aggressive and rapid.

People said the same thing last year. Just because the prior price action has been bullish doesn't mean it can't top out and reverse. Be wary of those who make it look like that we're definitely going to see bullish continuation. Trends do reverse and the current formation is bearish by nature and very much indicative of a looming reversal.

I tried to look at the market from a bullish perspective, but the more time goes by the more evidence there is that we hit the exact support and resistance points confirming a descending triangle. It doesn't by default mean that we will go down, but the probability favors a bearish outcome. Last year we capitulated from a descending triangle too. Result was a 50% crash to $31xx.

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Quote from: The Cryptologist on September 12, 2019, 09:09:05 PM

The price of bitcoin is raging from stable to bullish and it just keep going from $10k back to $9k and then again and so on. But because of the halving event hype, the bull period will surely stay as we get closer prior to that.

looking at the altcoin market it looks like people are actually selling their altcoins to buy bitcoin, and they are selling their altcoin to buy bitcoin because of halving, but I hope more fresh money gets into the market with BAKKT

Quote from: tukagero on September 06, 2019, 06:55:56 PM

Maybe this is the start of bull run ,cause i saw the latest news and posted on different social media sites that bakkt is now accepting bitcoin deposits,.this is what were waiting for.

after the 23rd we will see what impact BAKKT can bring in price, it will be quite interesting to see

Quote from: Reid on September 06, 2019, 11:52:17 PM

The struggle for me is how can I buy again with the expensive price.

And how can we know if the price is high or low? If one day the price reache $30,000 then will say: I regret not buying when the price was $10,000.

Wipangga

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if I think bitcoin will also work, because I also believe that bitcoin will also provide more favorable prices in the future, seeing the development of bitcoin prices every day also ups and downs also improve.

The Cryptologist

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I'm very sure that we are still in a bullish sentiment but not compared to last few months were increase in price is much more aggressive and rapid. The price of bitcoin is raging from stable to bullish and it just keep going from $10k back to $9k and then again and so on. But because of the halving event hype, the bull period will surely stay as we get closer prior to that.

bitbunnny

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Sometimes the conditions in the market is such that is hard to determine. I would say that at the moment we are in similar phase when we had mixture of both. But if you ask me this year we haven't seen true bullish phase of Bitcoin and probably it will not happen until the end of the year.

TIDOVEE

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As far as the market indicates now, we are not at the bullish market. We are at the boundaries of the bearish market but hopefully closer to the bullrun, we are still rigmaroling between $9,500 & $10,000. Market resistance is still low. The improvement of the market is no more about what time of the year we are. A lot of speculations have fail. I am sure when we see the bull, we will recognize it.

Bitcoininvestment

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The condition of bitcoin in the market will depend on the people who buy it because the demand dictates if there will be bullish market where some people will set their bitcoin in high price. But, still bitcoin remain in the price of 10,000$+ and I think the bullish is near simply because there are few days until the last quarter of the year.

Topic: Is bitcoin bearish or bullish (Read 657 times)