Is it bearish season yet? - page 4. | Bitcointalksearch.org

Chato1977

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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?

Nothing is certain , evaluating the Movement of market , it seems that those Ups and Down are only product of some corrections and some others that taking their profit from Holdings because eventually the price is returning to what it comes from.

Bitcoin from 60k is now getting close again and we can see how many times that bitcoin make a ATH over and over again.

So I believe that Bearish is not yet happening instead the Bull is just resting and coming back for again .

Quote from: Zemomtum on March 26, 2021, 06:54:01 PM

We are just getting started, there will not be any bear season in this year 2021, if your intention is for a bear period that will last for long, put your eyes on the last 2 quarters of next year (2022)

At some Idea , Yes we are starting again to climb high like what january , february and March bring .

Now that new quarter is starting lets see how Ups we will getting.

philipma1957

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the facts are simple this thread is far off reality.

Every price from Jan 1 to today is higher than any price for any other year.

And when the thread was started on march 6 has been over 42k.

edit over 48k.

at op We are not bearish or remotely close to bearish.

At current difficulty we need to drop under 30k for a few weeks to be bearish.

Now if we go sideways for a few months in the 50-66k range with difficult moving to say 36 then drop price to 30k

it would be bearish for miners.

Miners are so far ahead of the game true bears wont show until miners are hurting.

The bears will be very slow to wake due to the lack of mining gear ⚙️

STT

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Not even close to an entire season of bearish, it can pull back if it first breaks momentum but its already seen the 50 day average recently which was a quick bounce soon after.
At present its good above the 2 day average:

Ignore that possibly and just count the 58k level seen on Weds as the place to watch for a pull back signal.

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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?

Massive correction?? Really, try to look at the market now. I just don't know why every correction people think massive correction, are they don't read the chart or history about cryptocurrency??

Not every correction will be a massive correction and try to look at historical chart to prevent question non sense

Mahanton

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Quote from: South Park on March 31, 2021, 01:44:25 PM

Quote from: plr on March 26, 2021, 07:29:51 AM

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?

Don't panic yet, the market is still ok correction and dip is always here, there's always traders and investors who will sell their shares for profit, and we cannot stop them, it's how the market works, there's no such thing as one mindset, and there's always traders and investors who go against the tide, I don't see the dreaded bear trend coming in this year.

It seems to me that people really need to learn how to be more patient with bitcoin, once again it is very close to the 60k level and it is likely that we are going to surpass that level during the next weeks and then reach a new all time high, a drop of 10 or even 15% could be enough for many other markets to become bearish but that is not true for bitcoin, we will need to see at least a 30% correction in order for the predictions of a bear market to become true.

30% correction isnt something that can be considered to be bearish but somehow if the price had stagnated with that level for a long time or moving sideways then we do consider that one
but if recovery would comes next after such decline then that would be just a typical movement in the market where everybody do loves to play along.Why searching or waiting up for
bearish season?It would be good if you do just simply ride on what we are currently experiencing at the moment.Bitcoin could possibly break out that resistance this time.
Too fast? We cant really tell but based off on observations then its truly remarkable.

South Park

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Quote from: plr on March 26, 2021, 07:29:51 AM

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?

Don't panic yet, the market is still ok correction and dip is always here, there's always traders and investors who will sell their shares for profit, and we cannot stop them, it's how the market works, there's no such thing as one mindset, and there's always traders and investors who go against the tide, I don't see the dreaded bear trend coming in this year.

It seems to me that people really need to learn how to be more patient with bitcoin, once again it is very close to the 60k level and it is likely that we are going to surpass that level during the next weeks and then reach a new all time high, a drop of 10 or even 15% could be enough for many other markets to become bearish but that is not true for bitcoin, we will need to see at least a 30% correction in order for the predictions of a bear market to become true.

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Quote from: smyslov on March 26, 2021, 09:16:08 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?

Correction, the price is moving up again, there is nothing to worry about, the only time that we have to worry is when the price goes down 15% or when there is a big dip and it's not recovering for the last 5 days, this is a bad indicator, but right now the market is very quick to recover a good indication that we are still in a bull run.

It looks like it's not yet due for correction, yes in the past few days there was a sign of correction but it looks like the market is healthy again. All of that can be attributed by the bullish run of bitcoin, as long as bitcoin is bullish, there's nothing to worry as altcoins do follow always.

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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?

Correction, the price is moving up again, there is nothing to worry about, the only time that we have to worry is when the price goes down 15% or when there is a big dip and it's not recovering for the last 5 days, this is a bad indicator, but right now the market is very quick to recover a good indication that we are still in a bull run.

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We are just getting started, there will not be any bear season in this year 2021, if your intention is for a bear period that will last for long, put your eyes on the last 2 quarters of next year (2022)

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Quote from: LUCKMCFLY on March 26, 2021, 03:28:22 PM

At the moment the market is taking a good turn, I do not think it is going to a bullish trend, I think that these days it was in a correction, now my personal analysis coincides with one of this analyst who published on twitter:

That's right.
We know that every increase will always involve market correction, but this time it was deeper than we thought. that is why many people are panic because of it.
however, I personally still believe that it is a market correction that will lead most cryptos to a higher price.

we can see the price right now, most coins are increasing again, turning into a green market only in ew hours. And now they are struggling to reach higher and higher prices. Just don't panic sell that will actually cause the price to fall so easily again.

magneto

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Nowhere near.

People are still talking about a 6 figure bitcoin on the regular as there is a ton of FOMO left within the market. Also just based on historical trends, it seems much more likely for BTC to see a further rallies going later into 2021 (since most bull markets last 1-2 years, right following the halving year).

But do expect price action to taper off relatively. The size of the pumps we saw over the past few months is simply unsustainable.

LUCKMCFLY

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Quote from: Renampun on March 26, 2021, 02:35:32 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?

Crypto market volatility is high at the moment...
I don't think that the price of cryptocurrencies will drop dramatically as long as the Bitcoin price is stable. Bitcoin price is currently very stable and it doesn't look like it's going down to $ 40k yet. I see Bitcoin price will be hard to drop below $ 40k.

At the moment the market is taking a good turn, I do not think it is going to a bullish trend, I think that these days it was in a correction, now my personal analysis coincides with one of this analyst who published on twitter:

Twitter: https://twitter.com/BinanceKiller/status/1375503013259964420/photo/1

It is an analysis that it may be very likely that we will see it, although it is merely speculative, it makes a lot of sense that it occurs.

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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?

Crypto market volatility is high at the moment...
I don't think that the price of cryptocurrencies will drop dramatically as long as the Bitcoin price is stable. Bitcoin price is currently very stable and it doesn't look like it's going down to $ 40k yet. I see Bitcoin price will be hard to drop below $ 40k.

plr

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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?

Don't panic yet, the market is still ok correction and dip is always here, there's always traders and investors who will sell their shares for profit, and we cannot stop them, it's how the market works, there's no such thing as one mindset, and there's always traders and investors who go against the tide, I don't see the dreaded bear trend coming in this year.

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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?

mentioning that we have experienced or witnessed the Rise in Fortune , isn't the right time to expect fall ? there is no permanent increase in everything that money matters and we all knew that this time will come.
dumping almost below 50k is really a sudden situation but if we knew market we will trust that price will come up again soon.
2021 is still the Blooming age of Bitcoin because of the past crisis and economic almost collapsed , People fund that crypto is one best way to Hide and keep their Money safer.

South Park

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Quote from: RealMalatesta on March 22, 2021, 11:32:57 AM

Quote from: blckhawk on March 22, 2021, 06:42:23 AM

I think it is still early for Bitcoin to go bearish. What were have been experiencing are just corrections, if Bitcoin falls it doesn't mean the bear trend has begun this is just a mere correction and I think it is normal and healthy for the market. Expect that after reaching the new ATH there will be a major correction. To be honest, no one exactly knows when a bear will come but one thing is for sure if those whales decided to sell off then that will be the start but for now, they keep buying and holding so I guess the bull run will continue to rally for a meantime. Personally, I believe Bitcoin will set a few more ATH this time.

I think bearish will probably start when people are finally out of coronavirus, not like we will be completely done with it, it will always be there, as long as it spreads from one person to another this way I think it will always stay, but if we could achieve something that would make it not a deadly virus but a small thing, we could actually lower it.

For example, regular flu is something that has been around for a century, and people do die from it as well, but at the end of the day we didn't locked ourselves in our houses or wore masks during flu season did we? This is why I think this virus will turn into regular flu we all know, and at that point when we are slowly getting there, the price will slowly go down as well. Without the virus people will go back to their regular lives that has a lot of fiat and we will see crypto becoming not so focal point for many people.

I find it interesting that you think the bear market is going come when the pandemic is over, why is that? It is not like all the money governments printed is going to disappear and with more taxes coming and even more money being printed then it makes sense for the price of bitcoin to at least hold out near the current levels, and there is an argument to be made that the end of the pandemic could make the price of bitcoin to go higher as people that were careful with their money begin to spend it and this drives up inflation and with it the price of bitcoin as well.

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Quote from: blckhawk on March 22, 2021, 06:42:23 AM

I think it is still early for Bitcoin to go bearish. What were have been experiencing are just corrections, if Bitcoin falls it doesn't mean the bear trend has begun this is just a mere correction and I think it is normal and healthy for the market. Expect that after reaching the new ATH there will be a major correction. To be honest, no one exactly knows when a bear will come but one thing is for sure if those whales decided to sell off then that will be the start but for now, they keep buying and holding so I guess the bull run will continue to rally for a meantime. Personally, I believe Bitcoin will set a few more ATH this time.

I think bearish will probably start when people are finally out of coronavirus, not like we will be completely done with it, it will always be there, as long as it spreads from one person to another this way I think it will always stay, but if we could achieve something that would make it not a deadly virus but a small thing, we could actually lower it.

For example, regular flu is something that has been around for a century, and people do die from it as well, but at the end of the day we didn't locked ourselves in our houses or wore masks during flu season did we? This is why I think this virus will turn into regular flu we all know, and at that point when we are slowly getting there, the price will slowly go down as well. Without the virus people will go back to their regular lives that has a lot of fiat and we will see crypto becoming not so focal point for many people.

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Quote from: arwin100 on March 22, 2021, 05:41:15 AM

Quote from: Oasisman on March 22, 2021, 05:07:58 AM

A little correction, 2017 was bullish and 2018 was the bearish season. And it's indeed no sign of bearish run yet this year. Institutions, big names, and companies are still in a trend of entering the crypto market. So, that's enough reason for the bullrun to continue, but that's not guaranteed as well. Once the whales starts dumping Btc, the price will follow suit.
$15,000 might be the sharpest drop If Btc dumps.

Many times for bitcoin go bearish but when it dump for thousands of bucks the whales execute their buy orders to support bitcoins and maybe this kind of scenario are the one we can experience this year and those heavy drop the same on year 2018 will not be seen since big supports from big investors are still hyping up the scene. And lets not focus about dumping possibilities since for sure this will not happen, the $100k discussion still floating and this is the new target to be reached by bitcoin.

We hope for what is better in the future, I see that in the last few months there has been no massive dumping even just a little correction and then it grows again, which we feel now, and it is also true that investors still continue to believe that their investment will be successful this year with the maximum digit achievement, well, here we are aware that bearishness occurs even though conditions are recovering, although if some whales waste tens of thousands of dollars later in the order list, I think the shield will remain strong considering the current situation.

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Quote from: blckhawk on March 22, 2021, 06:42:23 AM

Quote from: Jating on March 22, 2021, 04:42:51 AM

Quote from: xSkylarx on March 19, 2021, 10:47:11 PM

Bear season is where bitcoin does a massive correction just like what happened in 2017 and it lasted until mid-2020 if I am not mistaken. Bitcoin already tripled its ATH last 2017 and many altcoins now are also increasing very fast. Mass adoption is happening so I think this bull season will last for a year or so. A small correction or dump is normal because it retests the support, if bulls are strong enough to hold it then a new ATH can happen again. Those are also testing the new adopters if they are strong enough to not panic sell and for others to be a buying opportunity as well.

Yes, however, we haven't even reach the top yet, so there's no bear market that will last for 3 years just like the last time. On the contrary, since we don't know what is the top, this bear market could be different as well as bitcoin's narrative has evolved as well.

Now, it's a different ball game, bitcoin is now on the companies profile as a reset asset in their balance sheet. So we're not in a bearish season, not even close, bulls will remain dominant till now.

Indeed. I think it is still early for Bitcoin to go bearish. What were have been experiencing are just corrections, if Bitcoin falls it doesn't mean the bear trend has begun this is just a mere correction and I think it is normal and healthy for the market. Expect that after reaching the new ATH there will be a major correction. To be honest, no one exactly knows when a bear will come but one thing is for sure if those whales decided to sell off then that will be the start but for now, they keep buying and holding so I guess the bull run will continue to rally for a meantime. Personally, I believe Bitcoin will set a few more ATH this time.

I think the same, it is also likely to continue growing, when observing the movement of Bitcoin in the short term using the tensorcharts.com platform we can see:

tensorcharts.com

In 1 hour intervals the sales orders are in the order of $59.7k.

Although the volume shows a series of purchases, the difference gradient tells us that there are more sales, but to buy they must make sellers, if a green candle is forming it is because most of the negotiations in 1 hour are merely buyers.

The points in purple mean that they are the number of negotiations, it is like a pool that is formed according to the temporality of the market, in this case I analyze it through Bitfinex. I really doubt that a bearish season can stand out.

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Quote from: Jating on March 22, 2021, 04:42:51 AM

Quote from: xSkylarx on March 19, 2021, 10:47:11 PM

Bear season is where bitcoin does a massive correction just like what happened in 2017 and it lasted until mid-2020 if I am not mistaken. Bitcoin already tripled its ATH last 2017 and many altcoins now are also increasing very fast. Mass adoption is happening so I think this bull season will last for a year or so. A small correction or dump is normal because it retests the support, if bulls are strong enough to hold it then a new ATH can happen again. Those are also testing the new adopters if they are strong enough to not panic sell and for others to be a buying opportunity as well.

Yes, however, we haven't even reach the top yet, so there's no bear market that will last for 3 years just like the last time. On the contrary, since we don't know what is the top, this bear market could be different as well as bitcoin's narrative has evolved as well.

Now, it's a different ball game, bitcoin is now on the companies profile as a reset asset in their balance sheet. So we're not in a bearish season, not even close, bulls will remain dominant till now.

Indeed. I think it is still early for Bitcoin to go bearish. What were have been experiencing are just corrections, if Bitcoin falls it doesn't mean the bear trend has begun this is just a mere correction and I think it is normal and healthy for the market. Expect that after reaching the new ATH there will be a major correction. To be honest, no one exactly knows when a bear will come but one thing is for sure if those whales decided to sell off then that will be the start but for now, they keep buying and holding so I guess the bull run will continue to rally for a meantime. Personally, I believe Bitcoin will set a few more ATH this time.

Topic: Is it bearish season yet? - page 4. (Read 1290 times)