Bitcoin is moving sideways, which is considered more bearish than bullish. The bear market is almost over and from here every correction is being pulled up quickly by investors. Its like investors are waiting for the correction and they are buying the dip as soon as possible whenever it happens. We can not say the market is bullish right now but sentiment is bullish in the long term.
Sideways is the best description for the current trend, though we are near for a more uptrend most probably we are just waiting for the resistance to break and waiting for Bitcoin to stabilize above $30k level again. We should wait and see in the last two Months of the year, I’d hope that we can have a good price to end the year because right now we are still far from a bullish trend, though we are getting there slowly but surely. 
Topic: Is Bitcoin In Bullish or Bearish Trend? - page 5. (Read 985 times)
Let's analyze it one after the other, currently now we are in dip season, but the market is pumping and we are moving towards an exit to this if we consider from where bitcoin has started to fall continuously till we are here today, we should also know that the bullrun is not yet started, we are only having a gradual experience in approaching it, now to your question OP, we can conclude by saying we are on a bull market presently sice the market is fast rising.
Recently, we are in a rising trend which makes us think that we are moving close to its bullish season once again. Some people say this is because of ETF news while some think it is just normal. Well, whatever the reason for the current price increase of Bitcoin this eventually happens no matter what. As we are surpassing $30,000 again, people have already in their minds for the price to keep growing until halving. Many speculation arises that bull season started before halving but still, we're not sure where we going after the current situation.
I don't think it is still in bullish mode, because many things can happen, the rally it had is very big compared to what they were expecting, but I don't think things will stay there, what I think is that in the end This year the price could easily be $40k , I don't see any other option, if they continue like this and everything goes well, I don't think that Istael's war with Gaza will have a negative effect, other things may happen, I don't know. They rule out, but this is the ideal time to wait and those who can buy, so don't hesitate, I am very positive with the price of bitcoin and Anything can happen , this can Generate many more possibilities of being with a better Perspective.
Hmm, buddy, I think we all do consider this fact that anything can happen but according to the Op He just wants to speculate on the market trend/zone, for which I think it's not a big deal, Obviously, we are in the bullish Zone / Bull run.
The market is surging up ignoring some major sentimental developments, the narrative is strong behind the scenes, even though we are still in the tight lock of the $30k to $25k range but the market is continuously testing the patience and resistance. If the market moves with the same swing and breakthrough the $32k we can easily say that the year ending won't be disappointing.
There's an exceptional scenario as well where the market will continue to move in the same range of $30k to $25k with some negative developments, more likely 50 50 scenario. It might get impacted by Palestine vs Israel in the coming days but for now, enjoy the Greenry and pray for Palestinians.
I don't think it is still in bullish mode, because many things can happen, the rally it had is very big compared to what they were expecting, but I don't think things will stay there, what I think is that in the end This year the price could easily be $40k , I don't see any other option, if they continue like this and everything goes well, I don't think that Istael's war with Gaza will have a negative effect, other things may happen, I don't know. They rule out, but this is the ideal time to wait and those who can buy, so don't hesitate, I am very positive with the price of bitcoin and Anything can happen , this can Generate many more possibilities of being with a better Perspective.
Like now we will say bitcoin price is still in bearish because we have not see anything concerning bullrun because the price of bitcoin is fluctuating, which I know that it have never reached to forty thousand, when bitcoin price backed thirty thousand its when we will know if the price of bitcoin is really increasing or not, its in between bearish and bullrun the way I seen the price of bitcoin right now, so we not conclude that bitcoin price is on bearish neither bullrun..but the way we are seeing the movement of bitcoin it seems that next year bitcoin shall experience bullrun.
The uptober trend in Bitcoin was reflected in the markets in the first week of October. Bitcoin, which rose above 28.400 $ in the first week of the month and had a good weekly debut, started the second week with declines. Bitcoin's price fell below 28k $. Now the third week is over and Bitcoin is trying to break the 30k $ band and become permanent. I expect Bitcoin to stay above 30k $ for the month of October.
The main agenda of Bitcoin and cryptocurrency markets in general is determined by the road map of the US central bank on the macro ground, the moves of the US Securities and Exchange Commission and three ongoing lawsuits in the US. Now, negative developments in the Middle East have been added to these developments. I think that Bitcoin will maintain the historical trend throughout October and show a positive recovery. We are heading up and we will see a rising Bitcoin on average until the halving. All of this is my personal opinion and not investment advice.
Bitcoin is moving sideways, which is considered more bearish than bullish. The bear market is almost over and from here every correction is being pulled up quickly by investors. Its like investors are waiting for the correction and they are buying the dip as soon as possible whenever it happens. We can not say the market is bullish right now but sentiment is bullish in the long term.
Like now we will say bitcoin price is still in bearish because we have not see anything concerning bullrun because the price of bitcoin is fluctuating, which I know that it have never reached to forty thousand, when bitcoin price backed thirty thousand its when we will know if the price of bitcoin is really increasing or not, its in between bearish and bullrun the way I seen the price of bitcoin right now, so we not conclude that bitcoin price is on bearish neither bullrun..but the way we are seeing the movement of bitcoin it seems that next year bitcoin shall experience bullrun.
Let's analyze it one after the other, currently now we are in dip season, but the market is pumping and we are moving towards an exit to this if we consider from where bitcoin has started to fall continuously till we are here today, we should also know that the bullrun is not yet started, we are only having a gradual experience in approaching it, now to your question OP, we can conclude by saying we are on a bull market presently sice the market is fast rising.
I think this is a more conservative way to put it to avoid drawing wrong conclusions. The recent rise in price is not enough confirmation for a bullish market because knowing how Bitcoin moves, it is possible that the bullish move of a week can be eaten up in a day if the bears take charge of the market. Therefore, just like you pointed out, it is better to wait until the 200 moving average is broken before we conclude.
Everyone really needs to wait a little longer to see where the price of Bitcoin will go after the increase that has occurred in recent days, because as you said, it is also not wrong that an increase in a week can also be lost in one day if a bigger decrease can still occur in Bitcoin in the market. So everyone needs to wait some time to see how the market conditions are in order to make more precise conclusions about the increase that has occurred in the last few days in Bitcoin this month. 
As long as Bitcoin is still below MA200, I think Bitcoin is still in a bearish trend. There's not much to do other than buy more BTC and Hold. Wait patiently until the BTC price is above MA200 and we will switch to a bullish trend. And usually before the halving there will be a fairly deep price decline before rebounding and turning bullish. However, this also cannot be used as a benchmark because current conditions and conditions before last year's halving are also different, history may repeat itself, but if factors and conditions are different then the price journey this time will also be slightly different from previous history.
I think this is a more conservative way to put it to avoid drawing wrong conclusions. The recent rise in price is not enough confirmation for a bullish market because knowing how Bitcoin moves, it is possible that the bullish move of a week can be eaten up in a day if the bears take charge of the market. Therefore, just like you pointed out, it is better to wait until the 200 moving average is broken before we conclude. So, what is your perspective: Do you believe we are currently in a bear market, or is this merely a manipulation to discourage some individuals from Bitcoin?
In my opinion we are out of the bear market but for sure it's not bull yet, I see this more like a neutral/accumulation phase with the price going up and down between $23-24k and $30k. If we were in bear market it would slowly going down and down, and I think we reached the bottom when FTX went bankrupt last November. I expect to see a few more dumps anyway.And while many investors dislike a ranging market as the chances of making a lot of money are not very good while we are in it, this is the perfect time to accumulate some more coins at a good price and wait for the bull run to finally appear.
Overall I'm very confident to say that Bitcoin is bullish. There's no doubt about that. Senators, congressmen, department secretaries, even presidents are talking about Bitcoin. International companies are interested about Bitcoin. Some are even accepting Bitcoin as payments. How can we not be bullish about Bitcoin?
In the shorter time frame, I think Bitcoin has yet to enter the bullish season. It will come later on, most probably after the halving. But then if a Bitcoin spot ETF is approved in the US before the halving, then I think the bullish season will come earlier.
Overall, Bitcoin is bullish and we can easily see this fact with Bitcoin yearly candles. Most of candles are green and more important, yearly low prices increase with time. People often talk about new all time highs but they don't know the more importance is new yearly-low highs.In the shorter time frame, I think Bitcoin has yet to enter the bullish season. It will come later on, most probably after the halving. But then if a Bitcoin spot ETF is approved in the US before the halving, then I think the bullish season will come earlier.
It can be a strange term but with new highs of Yearly low price, we actually see very good growth of Bitcoin price year by year even it is its yearly low price in worst time of each year.
Also in long term, it is very bullish. The bullish case for Bitcoin with many insights for long term investors.
With Bitcoin's current condition, it is still in a sideways period, but there are signs that it is now at the end of a bear market and we are just waiting for it to rise. I wonder if the price will start to increase to a certain limit in a few months, for example, $ 35k- $ 40k.
After that, the price may be stable while waiting for the halving time to arrive. Then, the price will rise slowly until it reaches its final ATH. And here, the price may look sideways like now and the market looks sluggish. But then the market can increase suddenly and gain its long rally.
If the scenario were like that, we would be happy. We will continue to collect more Bitcoins.
After that, the price may be stable while waiting for the halving time to arrive. Then, the price will rise slowly until it reaches its final ATH. And here, the price may look sideways like now and the market looks sluggish. But then the market can increase suddenly and gain its long rally.
If the scenario were like that, we would be happy. We will continue to collect more Bitcoins.
In my opinion we are out of the bear market but for sure it's not bull yet, I see this more like a neutral/accumulation phase with the price going up and down between $23-24k and $30k. If we were in bear market it would slowly going down and down, and I think we reached the bottom when FTX went bankrupt last November. I expect to see a few more dumps anyway.
I think like that. Not bear because the worst is over and we are in a kind of sideways, and not bull still because we are not clearly going up. Besides I would call bull run proper when we pass the previous ATH of $69K, after the halving. In the meantime, it is a good time to keep accumulating. There will be a day when we wish we had bought more under $100K.
So, what is your perspective: Do you believe we are currently in a bear market, or is this merely a manipulation to discourage some individuals from Bitcoin?
In my opinion we are out of the bear market but for sure it's not bull yet, I see this more like a neutral/accumulation phase with the price going up and down between $23-24k and $30k. If we were in bear market it would slowly going down and down, and I think we reached the bottom when FTX went bankrupt last November. I expect to see a few more dumps anyway.
Overall I'm very confident to say that Bitcoin is bullish. There's no doubt about that. Senators, congressmen, department secretaries, even presidents are talking about Bitcoin. International companies are interested about Bitcoin. Some are even accepting Bitcoin as payments. How can we not be bullish about Bitcoin?
In the shorter time frame, I think Bitcoin has yet to enter the bullish season. It will come later on, most probably after the halving. But then if a Bitcoin spot ETF is approved in the US before the halving, then I think the bullish season will come earlier.
In the shorter time frame, I think Bitcoin has yet to enter the bullish season. It will come later on, most probably after the halving. But then if a Bitcoin spot ETF is approved in the US before the halving, then I think the bullish season will come earlier.
As long as Bitcoin is still below MA200, I think Bitcoin is still in a bearish trend. There's not much to do other than buy more BTC and Hold. Wait patiently until the BTC price is above MA200 and we will switch to a bullish trend. And usually before the halving there will be a fairly deep price decline before rebounding and turning bullish. However, this also cannot be used as a benchmark because current conditions and conditions before last year's halving are also different, history may repeat itself, but if factors and conditions are different then the price journey this time will also be slightly different from previous history.
Perhaps this data might be good to see so that we can have a idea on whether we are in bull run or bearish trend,
https://www.coinglass.com/today
So the last pre-halving year, 2019, seems to to be bearish and it could be comparable to the current year as obviously in 2024 we will be having the block halving. The current price movement seems to be on the sideways, meaning there's no movement at all from a big surge in Q1 and Q2. So for some this could be considered as bearish already. But overall though, after the lowest low last year, we have recovered at least and yes, just continue to accumulate with any methods that fits you.
Seems the market trend on pre halving time still bearish with many time of market got correction, based on your data looks bearish more dominance than bullish exactly last time Bitcoin raised above $30k last several months ago and until today still drop under $30k. Last rumored SEC approving ETF have little good news with bitcoin on the bullish moment until raised up from $28k suddenly success touch on $30k without few minutes can't endure. https://www.coinglass.com/today
So the last pre-halving year, 2019, seems to to be bearish and it could be comparable to the current year as obviously in 2024 we will be having the block halving. The current price movement seems to be on the sideways, meaning there's no movement at all from a big surge in Q1 and Q2. So for some this could be considered as bearish already. But overall though, after the lowest low last year, we have recovered at least and yes, just continue to accumulate with any methods that fits you.
Accumulate is best ideas have to do right now during bearish moment we have opportunity keep investing and accumulate how much possibility until bullish moment will arrive later.
It seems to be pretty neutral at the moment.
Neutral? What do you mean? 
As far as I know, we only have 3 conditions related to the trend of Bitcoin on the market. They are bearish, bullish, and sideways.
I never know the term of 'neutral'.
It is more bearish right now, because more persons are HODLing in respect to the halving expected to soon happen next year 2024.
I don't think that's a sign of bearish when everyone is holding. But I understand why everyone is doing that because even me, I'm also holding. The price has bumped to $30k just this day and many will conclude that we're already on a bullish trend. I'd say that we have to wait for more confirmations as these skyrockets are pretty normal for Bitcoin, right? And it's likeable if it stays on this price before the halving comes but as volatile as it may seem, some dumps could come at any time or more of corrections. So, what is your perspective: Do you believe we are currently in a bear market, or is this merely a manipulation to discourage some individuals from Bitcoin?
I think we should not look for trends because anything can happen in this market at any time. It will reveal itself when the bull run comes. I know we're not in bull season right now, but I'm not sure if we're in bear season either. That's why, as I said, we should try to accumulate Bitcoin instead of looking for trends.
A person who believes in Bitcoin should not be influenced by any speculation. There are always speculations in this market, but I think it could be a mistake to be influenced by these speculations and make decisions regarding our investment.
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