Is it bearish season yet? - page 2. | Bitcointalksearch.org

STT

legendary

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Quote from: Kasabus on April 16, 2021, 10:29:08 AM

Weekends are coming so I expecting that the price will turn back high again.

Pretty much my thoughts also, weekend is easier going however the volume on the price after hitting 61k and rising has been weaker. This area will be tested again I think before any rise going forward.

So I didnt post at that time but 61613 was my idea for closing out any negative trade for today, rising and moving above that ends the negative sentiment in appearance. Its the prior low, so it did beat that and we're closing out above the lows. Its fairly simple to recover back to that 1hr positive trend then sunday into monday I expect a proper test once again with main market volume, 62 and high as 63k we havent yet proven positive. Some have aspirations 70k and beyond, so long as it holds 59k on any test that probably means we resolve upwards.

freedomgo

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Bearish season has no display, it seems like it's not coming anytime soon, lol..

Some are definitely hoping that bear season will come due to personal interest, like they want to buy because they miss the opportunity, but it all depends on how long the new investors are coming, they are definitely one of the reasons why we are seeing an ATH after ATH.

South Park

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Quote from: Dave1 on April 13, 2021, 05:13:59 PM

The present movement of the price in the last 24 hours shows that we are nowhere the bearish season. And as majority is saying, $100k is the biggest goal for this year before we can see if we will have a massive sell off that might stake the bear market, or the sell off will be just another market correction and then push to $100k or higher. So we might not see the bearish cycle for this year, in my opinion.

People that have not been in the market for long get too worried for my taste, I understand that they are still learning but they just need to watch the charts and the movements of bitcoin that we have seen during the previous years in order to understand that the minor corrections that we see from time to time are nothing to be alarmed, the price is still going up, we are still in a bull market and it is probably going to remain this way for the rest of the year.

carlisle1

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Quote from: doomloop on April 15, 2021, 04:53:11 PM

Quote from: kpierce77 on April 14, 2021, 05:31:28 PM

Regardless of when the bearish cycle will occur, I am a little sure that with the massive number of celebrities promoting the current NFT as a trend and also a lot of money going into crypto, bearish will not happen anytime soon

In bearish trend, money will be leaving of crypto markets then people are having hype about crypto market will be get less enthusiasm and then might be leaving off as well. Only when we are having lots of new investors, will be able to continue the bull run but when some people are leaving off for some reasons then automatically we will get into bearish trend. So, there will be no wonder then those mentioned celebrities will be leaving off this crypto space for their own reasons then definitely we will get into bearish market without any doubts.

For most gainers cashing out is part of the drill, they are good in placing their timings, Money always speak louder than anything.

There are big chances that big investments are being pulled out as the profits is very decent,
they are enjoying now all the benefits and they are moving sideways and for sure they are waiting
for another good position.

Give it some days and it will bounce again, new investment still on its way!

Kasabus

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Quote from: STT on April 16, 2021, 12:24:17 AM

Break of a trend, are you happy now Tongue

Its now trading below this diagonal line shown here which in theory gives us some significance to observe. Its only 1hr bars, I havent looked seriously but in any case I have been thinking a return to weekly average would be reasonable for a few days and thats the 60k price

Weekends are coming so I expecting that the price will turn back high again.
That will be another break again, and we often experience that from now on.

We are staying for long at $50k-$60k price range and never have a chance to drop below the line for a few weeks (if I don't miss it). There is so much demand helping Bitcoin price to stay the line, we experience some corrections but that easy to recover.

STT

legendary

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Break of a trend, are you happy now Tongue

Its now trading below this diagonal line shown here which in theory gives us some significance to observe. Its only 1hr bars, I havent looked seriously but in any case I have been thinking a return to weekly average would be reasonable for a few days and thats the 60k price

doomloop

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Quote from: kpierce77 on April 14, 2021, 05:31:28 PM

Regardless of when the bearish cycle will occur, I am a little sure that with the massive number of celebrities promoting the current NFT as a trend and also a lot of money going into crypto, bearish will not happen anytime soon

In bearish trend, money will be leaving of crypto markets then people are having hype about crypto market will be get less enthusiasm and then might be leaving off as well. Only when we are having lots of new investors, will be able to continue the bull run but when some people are leaving off for some reasons then automatically we will get into bearish trend. So, there will be no wonder then those mentioned celebrities will be leaving off this crypto space for their own reasons then definitely we will get into bearish market without any doubts.

LUCKMCFLY

legendary

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When looking at the volume of Bitcoin, there is a lot of negotiations that are being generated, this means that there is a lot of activity, it does not seem to be bearish, however many analyzes pointed out that it would probably decrease by 50% after Coinbase was listed on Wall Street , but after these moves Bitcoin has held out at roughly $ 61.5k.

Quote

The volatility has reduced, which means that the sideways trend in the range of $62,000-$63,000 is the most likely scenario until the end of the week.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-april-15

What I like the most about this analysis is that it uses the "Volume Profile" and reveals that for a period of Days, it presents a greater number of negotiations from $56k- $62k.

kpierce77

legendary

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Quote from: Oilacris on April 14, 2021, 06:57:22 PM

Quote from: kpierce77 on April 14, 2021, 05:31:28 PM

Quote from: Dave1 on April 13, 2021, 05:13:59 PM

The present movement of the price in the last 24 hours shows that we are nowhere the bearish season. And as majority is saying, $100k is the biggest goal for this year before we can see if we will have a massive sell off that might stake the bear market, or the sell off will be just another market correction and then push to $100k or higher. So we might not see the bearish cycle for this year, in my opinion.

I saw the news about Coinbase which will soon be listed on Nasdaq, this of course will also make the bitcoin price level stronger than last time. Regardless of when the bearish cycle will occur, I am a little sure that with the massive number of celebrities promoting the current NFT as a trend and also a lot of money going into crypto, bearish will not happen anytime soon

We cant say that it wont happen but it is less likely to be seen as of this year where the market is had been barraged down with lots of positive sentiments or events which would really be helpful

into further adoption in the market which is really great on the entire community.Price is already to expensive to buy a whole coin but to consider that we can still buy in portions or satoshi.

Bearish season might come but it wont really be early on this year if these positive news do keep coming every now and then.

Ya ya, What I mean is that the price is already high but there are still many people who put their money in crypto making the bearish phase going to be longer or will not happen anytime soon (although market cycles like berish are certain) because most people see crypto as an opportunity to get profit, so the price will be difficult to go down

Oilacris

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Quote from: kpierce77 on April 14, 2021, 05:31:28 PM

Quote from: Dave1 on April 13, 2021, 05:13:59 PM

The present movement of the price in the last 24 hours shows that we are nowhere the bearish season. And as majority is saying, $100k is the biggest goal for this year before we can see if we will have a massive sell off that might stake the bear market, or the sell off will be just another market correction and then push to $100k or higher. So we might not see the bearish cycle for this year, in my opinion.

I saw the news about Coinbase which will soon be listed on Nasdaq, this of course will also make the bitcoin price level stronger than last time. Regardless of when the bearish cycle will occur, I am a little sure that with the massive number of celebrities promoting the current NFT as a trend and also a lot of money going into crypto, bearish will not happen anytime soon

We cant say that it wont happen but it is less likely to be seen as of this year where the market is had been barraged down with lots of positive sentiments or events which would really be helpful

into further adoption in the market which is really great on the entire community.Price is already to expensive to buy a whole coin but to consider that we can still buy in portions or satoshi.

Bearish season might come but it wont really be early on this year if these positive news do keep coming every now and then.

kpierce77

legendary

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Quote from: Dave1 on April 13, 2021, 05:13:59 PM

The present movement of the price in the last 24 hours shows that we are nowhere the bearish season. And as majority is saying, $100k is the biggest goal for this year before we can see if we will have a massive sell off that might stake the bear market, or the sell off will be just another market correction and then push to $100k or higher. So we might not see the bearish cycle for this year, in my opinion.

I saw the news about Coinbase which will soon be listed on Nasdaq, this of course will also make the bitcoin price level stronger than last time. Regardless of when the bearish cycle will occur, I am a little sure that with the massive number of celebrities promoting the current NFT as a trend and also a lot of money going into crypto, bearish will not happen anytime soon

STT

legendary

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Slight pullback but quite normal, I think it can hit the weekly average maybe but recent low was 4 day average and also the top of the Elon musk tweet action obviously its not just him but thats how I'd label it short term.

Currently its at the 2 day average, low was the peak of March pricing so might be fair measure for the moment.

Kelvinid

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Quote from: Dave1 on April 13, 2021, 05:13:59 PM

The present movement of the price in the last 24 hours shows that we are nowhere the bearish season. And as majority is saying, $100k is the biggest goal for this year before we can see if we will have a massive sell off that might stake the bear market, or the sell off will be just another market correction and then push to $100k or higher. So we might not see the bearish cycle for this year, in my opinion.

The market demand pushes the market also keep moving high. We can't disclose the bear season to come but as we can see from the chart, it seems to be not close to the possibility. Now I think that almost everyone is in holding now, even miners doing the same. This means that the market price will likely move higher than expected for the dump to come. Maybe we could see some corrections as it was really possible but not it means the bearish season will start and that is why we don't need to be panic.

Dave1

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The present movement of the price in the last 24 hours shows that we are nowhere the bearish season. And as majority is saying, $100k is the biggest goal for this year before we can see if we will have a massive sell off that might stake the bear market, or the sell off will be just another market correction and then push to $100k or higher. So we might not see the bearish cycle for this year, in my opinion.

South Park

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Quote from: Vaculin on April 08, 2021, 05:41:29 PM

Quote from: Jaered on March 06, 2021, 05:45:57 PM

Hello guys, the cryptocurrency world have witnessed an rise in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles. What's going on? Is it a massive correction or are the dreaded bears coming upon us?

Have to see the huge changes happened now? If we keep thinking negatively, we always regret it.

We gonna see price correction all the time but it is not a thing we consider about the bearish season to start. Why not wait sometimes to see if there is no progress and market recovery and that serves as a conclusion that we are into that season. Because if we are in panic for each drop we saw, that certainly ended up at a big loss.

I wonder when people are going to learn? After a few days we are seeing a new all time high that just happened a few hours ago, people need to learn how to deal with the market not growing every single minute of the day, if they do not learn how to do this then I'm sorry to say this but they are going to lose their money, they are either going to get out of the market or they're going to short it or they are going to invest in altcoins but basically they are not going to be invested in bitcoin when it counts.

Vaculin

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Winding down.

Quote from: Jaered on March 06, 2021, 05:45:57 PM

Hello guys, the cryptocurrency world have witnessed an rise in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles. What's going on? Is it a massive correction or are the dreaded bears coming upon us?

Have to see the huge changes happened now? If we keep thinking negatively, we always regret it.

We gonna see price correction all the time but it is not a thing we consider about the bearish season to start. Why not wait sometimes to see if there is no progress and market recovery and that serves as a conclusion that we are into that season. Because if we are in panic for each drop we saw, that certainly ended up at a big loss.

Mahanton

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Quote from: ultrloa on April 08, 2021, 04:32:32 PM

Quote from: coin-investor on April 04, 2021, 06:26:29 PM

Quote from: Jaered on March 06, 2021, 05:45:57 PM

Hello guys, the cryptocurrency world have witnessed an rise in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles. What's going on? Is it a massive correction or are the dreaded bears coming upon us?

One month after you created this thread we are still good and we are still in a bull trend and will continue to be on the bull trend all this year, the PayPal news is and much good news coming in are what will keep us in the bear trend, there's so much expectation in the month of April because this is regarded as the best month when the bull season arrives so we'll see about if the April trend continues.

Its hard to tell now on when is the bear season since there are so many accumulation aspects happen due to recent adoption. Maybe we cannot experience heave bears right now so accumulate once correction happens since this is perfect time for us to accumulate and earn.

Well I can say the trend will continue on april but tge one should we keep forward is the month of May.

Always take precaution when making out such step because we dont know on what would be the things that might happen ahead.Always set out Plan B's if the initial plan or action
wasnt successful and honestly having this kind of movement in the market is really hard to guess on when its moving sideways on where you cant determine on what are the possible
next movement that it could possibly try to reach on.For now im not expecting for some bear runs because basing off with sentiments in the market then we are still on that bullish side.

ultrloa

legendary

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Quote from: coin-investor on April 04, 2021, 06:26:29 PM

Quote from: Jaered on March 06, 2021, 05:45:57 PM

Hello guys, the cryptocurrency world have witnessed an rise in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles. What's going on? Is it a massive correction or are the dreaded bears coming upon us?

One month after you created this thread we are still good and we are still in a bull trend and will continue to be on the bull trend all this year, the PayPal news is and much good news coming in are what will keep us in the bear trend, there's so much expectation in the month of April because this is regarded as the best month when the bull season arrives so we'll see about if the April trend continues.

Its hard to tell now on when is the bear season since there are so many accumulation aspects happen due to recent adoption. Maybe we cannot experience heave bears right now so accumulate once correction happens since this is perfect time for us to accumulate and earn.

Well I can say the trend will continue on april but tge one should we keep forward is the month of May.

South Park

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I am terrible at Fantasy Football!!!

Quote from: coin-investor on April 04, 2021, 06:26:29 PM

Quote from: Jaered on March 06, 2021, 05:45:57 PM

Hello guys, the cryptocurrency world have witnessed an rise in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles. What's going on? Is it a massive correction or are the dreaded bears coming upon us?

One month after you created this thread we are still good and we are still in a bull trend and will continue to be on the bull trend all this year, the PayPal news is and much good news coming in are what will keep us in the bear trend, there's so much expectation in the month of April because this is regarded as the best month when the bull season arrives so we'll see about if the April trend continues.

In my opinion probably the best news that we are seeing telling us there is no way the bull market is over is the fact the miners are still accumulating their coins and that the number of coins in exchanges is still going down at a fast speed, when you add those two factors it means the supply of bitcoin available for trade is going down dramatically and sooner or later this is going to be reflected in the price, and the only direction the price will be able to go is up.

STT

legendary

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Chart to follow up it recovers once again:

Breakdown failed its trend after a few 4hr blocks, the lows being the prior highs of over a week ago. Overall that's still bullish, then we have the weekly average its broken below now confirming above on 4hr bars as Japan opens. Then I think to properly break the range of this negative Saturday move it needs also confirm above 58.5k or we might just cycle again. Japan action can be quite negative and contrary to weekend pricing.

Quote

Price to watch: 57493

This still stands, we really did nearly move below it but the very next 4hr bar moved right above it. Its been faltering but its not broken downwards properly, bears frustrated. No time to lament, actually breaking down here would count more, below weekly average, a broken rally etc. could be the start of something wider

Topic: Is it bearish season yet? - page 2. (Read 1290 times)