Is it bearish season yet? - page 5. | Bitcointalksearch.org

arwin100

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

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.

Oasisman

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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.

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.

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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.

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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.

This tell us that the people that are now complaining about a possible bear market were not around when that happened, this is nothing like that, the correction was minuscule compared to what happened back then, and it was not only the drop in the price it was the speed at which it happened, and then the bear market lasted for years and many thought the market will never recover, compared to that this slight decrease in the price is nothing.

xSkylarx

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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.

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Quote from: TravelMug on March 15, 2021, 09:26:37 PM

Quote from: South Park on March 14, 2021, 01:25:45 AM

Quote from: Wind_FURY on March 10, 2021, 11:45:21 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?

Then just five days after your post, what do you think, OP? Still bearish, or suddenly became bullish?

Zoom out. Bitcoin is on a path to price discovery going to 6 digits, and it will become a world reserve currency. No one believed the people who said it last year, and thought it was just shit-posting. They believe it now. Everyone is shit-posting. Cool

And after just 3 more days we now have reached a new all time high, people need to learn how to relax, I understand that many are worried about a 2017 kind of crash coming and I get it but it seems that the circumstances are really different right now and we could get to 6 digits before the end of this year, especially if governments keep printing as much money as they have been doing recently, however is it really shit-posting if they were right all along? Are they not misunderstood visionaries instead?

However, we have seen some minor dump in the market in the last 24 hours, maybe there's a FUD or something, but there is news that someone move $1 billion. Anyhow, we above $50k, still a good sign that we will have a strong support along that price.

And again, no need to panic, another great opportunity to buy again in this correction. And it's not a sign that we are in a bearish trend already. Just minor hiccup because of some negative news.

I also noticed that small correction after we reached 61k but it is normal, the price is once again challenging the 60k level and it could be a matter of days before we go back above it and we could reach yet another ATH, I would have thought that people would have getting used to the way bitcoin moves, I understand that if this was the market of gold and we saw such a correction I will be extremely worried but in bitcoin this is so common that is not even newsworthy.

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Quote from: South Park on March 14, 2021, 01:25:45 AM

Quote from: Wind_FURY on March 10, 2021, 11:45:21 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?

Then just five days after your post, what do you think, OP? Still bearish, or suddenly became bullish?

Zoom out. Bitcoin is on a path to price discovery going to 6 digits, and it will become a world reserve currency. No one believed the people who said it last year, and thought it was just shit-posting. They believe it now. Everyone is shit-posting. Cool

And after just 3 more days we now have reached a new all time high, people need to learn how to relax, I understand that many are worried about a 2017 kind of crash coming and I get it but it seems that the circumstances are really different right now and we could get to 6 digits before the end of this year, especially if governments keep printing as much money as they have been doing recently, however is it really shit-posting if they were right all along? Are they not misunderstood visionaries instead?

However, we have seen some minor dump in the market in the last 24 hours, maybe there's a FUD or something, but there is news that someone move $1 billion. Anyhow, we above $50k, still a good sign that we will have a strong support along that price.

And again, no need to panic, another great opportunity to buy again in this correction. And it's not a sign that we are in a bearish trend already. Just minor hiccup because of some negative news.

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Quote from: molsewid on March 14, 2021, 10:15:16 AM

Maybe OP just got frustrated the day he saw a market of bitcoin drop frkm $60000 to $45000. Well the difference is a quite large though but what we have always told here in forum that the bearish was not yet come and if it would come i guess the market value of bitcoin would not be the same as what the 2019 bearish of bitcoin. Bitcoin now was too far different than the bitcoin wayback 2009-2019. Now we are dealing with a trendy bitcoin and more valuable than it was before.

Common impressions when you are really that seeing your portfolio which are really going in reds where you do usually freak out when you arent really familiar with the market.
Waiting for bearish season? Its better not to mind that because it would really come soon but for now lets just see or witness on how this market is really behaving at this moment.
Bitcoin did hit 60k which does indicate that we are really in a bull run even though most alts arent really on the same extent when it comes to gains but at least
the entire cap is really rising which is really a very positive or good news to us.

molsewid

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Maybe OP just got frustrated the day he saw a market of bitcoin drop frkm $60000 to $45000. Well the difference is a quite large though but what we have always told here in forum that the bearish was not yet come and if it would come i guess the market value of bitcoin would not be the same as what the 2019 bearish of bitcoin. Bitcoin now was too far different than the bitcoin wayback 2009-2019. Now we are dealing with a trendy bitcoin and more valuable than it was before.

South Park

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Quote from: Wind_FURY on March 10, 2021, 11:45:21 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?

Then just five days after your post, what do you think, OP? Still bearish, or suddenly became bullish?

Zoom out. Bitcoin is on a path to price discovery going to 6 digits, and it will become a world reserve currency. No one believed the people who said it last year, and thought it was just shit-posting. They believe it now. Everyone is shit-posting. Cool

And after just 3 more days we now have reached a new all time high, people need to learn how to relax, I understand that many are worried about a 2017 kind of crash coming and I get it but it seems that the circumstances are really different right now and we could get to 6 digits before the end of this year, especially if governments keep printing as much money as they have been doing recently, however is it really shit-posting if they were right all along? Are they not misunderstood visionaries instead?

Wind_FURY

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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?

Then just five days after your post, what do you think, OP? Still bearish, or suddenly became bullish?

Zoom out. Bitcoin is on a path to price discovery going to 6 digits, and it will become a world reserve currency. No one believed the people who said it last year, and thought it was just shit-posting. They believe it now. Everyone is shit-posting. Cool

TravelMug

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Quote from: South Park on March 10, 2021, 08:46:44 PM

Quote from: crzy on March 07, 2021, 07:59:52 AM

The market is trying to recover again, but it looks like we are having a hard time to break the price of $51k with Bitcoin, its too early to say that Bearish trend can happen soon, early than expected. Bearish trend will always appear just like what many speculation say, and the resistance are getting stronger that makes Bitcoin more volatile, bear is coming.

This should show us the strength and the speed at which this market moves, just a few days ago bitcoin was having problems moving and now it is sitting at 55k and not so far away from its ATH, people need to learn to not worry as much as they do in other markets, a drop like what we see in this market happening in the stock market should be a sign of alarm but a big movement here is not a big deal and bitcoin can recover almost immediately from it.

Actually I saw that it did hit $57k again, but after that, it goes down again. Probably bots are set up to sell @$57k, because it was very quick dump and now it sits around $55k again, ah, and I was thinking that I should have sold at $57k, and then again, no, I'm not a newbie anymore, I shouldn't panic.

Stocks is very different market though, it's going to be alarming to see a 25%-30% drop, company are affected, investors panic, and everyone wants to find the reason. Not in crypto, very volatile and yet it is the best asset right now.

South Park

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Quote from: crzy on March 07, 2021, 07:59:52 AM

The market is trying to recover again, but it looks like we are having a hard time to break the price of $51k with Bitcoin, its too early to say that Bearish trend can happen soon, early than expected. Bearish trend will always appear just like what many speculation say, and the resistance are getting stronger that makes Bitcoin more volatile, bear is coming.

This should show us the strength and the speed at which this market moves, just a few days ago bitcoin was having problems moving and now it is sitting at 55k and not so far away from its ATH, people need to learn to not worry as much as they do in other markets, a drop like what we see in this market happening in the stock market should be a sign of alarm but a big movement here is not a big deal and bitcoin can recover almost immediately from it.

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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?

I get that people could be fearing but that is no reason to keep talking about bear moments constantly, why would you talk about bear runs if you are worried about it? You are basically speaking it into existence if people keep talking about it. We should FOMO constantly to keep making money, so that means if anyone says "will bitcoin go down" they are creating a doubt in others minds as well and they are affecting the price badly, and that is why there are two kinds of people who would start a topic like this.

First is the guy who would panic sell and get out on the first sign of price dropping and would be newbie and have no idea how crypto works, the other one is the guy who missed out on buying at lower level and now talking about how they could basically buy more if it drops and that is why they are looking into bitcoin going lower.

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Quote from: proudhon on March 10, 2021, 11:16:50 AM

Yes, we are in confirmed bear season indefinitely.

Thank you when I get to my pc i will be sure to sell a few thousand dollars off.

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Yes, we are in confirmed bear season indefinitely.

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Quote from: CryptopreneurBrainboss on March 09, 2021, 06:11:24 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?

1 trillion you meant right, I'm not surprised it was due to come by, the market has been the talk on all media lips this last few months and institutional investors are making the fun more interesting with their massive support for the currency. Don't think we'll be going down anytime soon. We meant experience certain down times but it won't last since all the news are bullish.

Reports came out few days or weeks back of miners now accumulating instead of selling and you can see the market reacting positively. News like this would be coming out simultaneously and this will affect the market positively as traders and investors join in accumulating too.

The recent emergence of two bitcoin exchange-traded funds (ETF) also provided a major boost to overall sentiment because more investors will be able to gain exposure to the leading crypto asset.While these fundamentals are incredibly promising for bitcoin’s long-term prospects, there are a number of indicators likely weighing on the current uptrend. This does not mean the price will necessarily fall, but they are signs that a cooling-off period is overdue.

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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?

1 trillion you meant right, I'm not surprised it was due to come by, the market has been the talk on all media lips this last few months and institutional investors are making the fun more interesting with their massive support for the currency. Don't think we'll be going down anytime soon. We meant experience certain down times but it won't last since all the news are bullish.

Reports came out few days or weeks back of miners now accumulating instead of selling and you can see the market reacting positively. News like this would be coming out simultaneously and this will affect the market positively as traders and investors join in accumulating too.

ivankoh

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It seems a lot of people were hesitant to buy ahead of the temporary volatility two weeks before the price of bitcoin plunged to $ 44k, I have seen some panic and fear a major breakdown. Some don't realize just how much of a difference this year's bull run. I believe this year's ATHs won't stop there, and predictions of a bitcoin value of $ 100k are entirely possible. I have absolute confidence in this year's trend. For perfect results, just hold on. You only succeed if you have enough confidence.

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Quote from: Fredomago on March 08, 2021, 01:37:31 PM

Quote from: dimonstration on March 08, 2021, 12:23:27 PM

Quote from: slaman29 on March 07, 2021, 09:12:36 AM

Dude if red candles like these on a single stretch of week is giving you heartburn then you better really seriously make an assessment if crypto is the right place for you. I mean. This is crypto, buddy. 90% moves so possible as with every defi rug pull can show that even in 30 minutes almost everything can be gone in seconds.

Crypto is for those whose willing to take risk and can watch his money drop. It’s for those whose willing to wait and know that it’s still not a loss as long as they didn’t sell it. I remember before I even uninstalled trading-view and some apps to avoid looking and monitoring the price when the bear season happens way back 2018. Now i guess I'm immune with some drops as long as I already managed to-put some bracket on how much O can sell or when to stop loss.

Your experienced brings that good edge among other traders who are just starting with this market, the nature of this market is very volatile, not knowing what you are doing is not a good practice,. Knowing some good strategy in anticipating what particular market
will bring in the next few days will be a big edge.

Trading is not how people thinks of it, it's not an easy access to richness, it's a process where survival of the fittest is well-practiced.

Crypto is a lot more than that, but yeah, definitely is is about the tolerance for risk. Most people cannot bear to see their holdings drop to below 90% of the value they bought it at, but the long term gain is the target for those who believe.

Unfortunately it does not matter if the project or coin is worth it, the same crash can happen to a good or bad one. That's what makes it so risky to hold on to. HODL is not always a good mentality, not that people can practice anyway!

Topic: Is it bearish season yet? - page 5. (Read 1290 times)