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Topic: Is the bear market over? Important Weekly close! - page 2. (Read 1127 times)

hero member
Activity: 1834
Merit: 523
All are still speculations. Even experts make mistakes and anything like crashing again, can still happen in the market but I believe we are now in the bull market and any lows or crashing are in now bull's low.
That's also I believe that this month the bull run started. In the month of April since the bitcoin started increased I think it is only 50 chance but since I saw a lot of different changes to the value to the bitcoin which is increasing now Im sure we are in bull market.
We cannot force anyone to believe to the people who believe we are on bull run like us mayne once bitcoin up high again they will believe too instantly.
sr. member
Activity: 784
Merit: 250
All are still speculations. Even experts make mistakes and anything like crashing again, can still happen in the market but I believe we are now in the bull market and any lows or crashing are in now bull's low.
in my opinion bearish trend is over now.and if we see price goes down i think  it just temporary correction.and no need to worry about it.with bitcoin price above $8k,we will see $10k in near future.
full member
Activity: 784
Merit: 123
All are still speculations. Even experts make mistakes and anything like crashing again, can still happen in the market but I believe we are now in the bull market and any lows or crashing are in now bull's low.
The current market price have it shows that we are finally leaving the bear season and we are actually facing into  bull run. It is not a question if we are having a big crash again cause it possibly to happens again, in fact, it happens several times after bull run. That is the reality about crypto and only we have to do is to prepare anything that will happen in the future. We don't need to positive all the time, it could be better to accept of what is the result after this one.
sr. member
Activity: 840
Merit: 252
All are still speculations. Even experts make mistakes and anything like crashing again, can still happen in the market but I believe we are now in the bull market and any lows or crashing are in now bull's low.
hero member
Activity: 1120
Merit: 507
Well compared early this year, It is definitely the performance of bitcoin price value in the market was quite good.
so far the price was 7929$ according to the coinmarketcap, so I sense that bear season was now little by little close to
exit and bull run now is happening little by little in the market exchange.

It cannot be called a bull run as the cryptocurrencies do not show great visible signs of a pump. It is a stable slow growth, which is even better. Having it, we know that the chances of the next fall are decreasing.
So because there has been little correction this period, we have all started denying again that it is not bull run when we all were over the internet and singing bull run when the rice was surging from $5k to $8k within 2 months.

Anyway, I still want to believe that we are in the bull trend already, but the full bull is what we are yet to experience, I guess we are all waiting for the type that happened in 2016 that made bitcoin run uptrend fully for a 7 consecutive weeks, I dint see that happening this year, but I know that this semi bull run we have will take us till when we see the bigger bull.
full member
Activity: 798
Merit: 104
Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.

[im g]https://i.imgur.com/DGVXaiC.png[/im g]

As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!

[img]https://i.im gur.com/qSWjqYs.png[/im g]
Yes the near market is over and the market is slowly going into bull. It has been going up since April with a little drawbacks along the way. People are looking forward to it breaking the next resistance level and reaching $10,000 .some people has been predicting this month but I don't think that is going to be so,  I'm looking forward to that happening in the next month.

The market has really done well this month today it has gotten back to $8000+ and is going up since today. I have plans to Hodl till November or December to see if the price will reach another all time high. I have been analysts playing with numbers in what it is going to be, I have even seen some calling numbers that are impossible to reach now,  some are saying it will reach $100,000 (¬_¬)

The next target after reaching the $8900 is the unforgettabls $10,000  most people in cryptoworld want to see again this price even me I want Bitcoin go back to this level if you follow then price movement of Bitcoin from $4k up to $5k then now $8000 so we cannot say we already in bull run and the bear market are already over.
legendary
Activity: 2338
Merit: 1124
Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.

[im g]https://i.imgur.com/DGVXaiC.png[/im g]

As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!

[img]https://i.im gur.com/qSWjqYs.png[/im g]
Yes the near market is over and the market is slowly going into bull. It has been going up since April with a little drawbacks along the way. People are looking forward to it breaking the next resistance level and reaching $10,000 .some people has been predicting this month but I don't think that is going to be so,  I'm looking forward to that happening in the next month.

The market has really done well this month today it has gotten back to $8000+ and is going up since today. I have plans to Hodl till November or December to see if the price will reach another all time high. I have been analysts playing with numbers in what it is going to be, I have even seen some calling numbers that are impossible to reach now,  some are saying it will reach $100,000 (¬_¬)
hero member
Activity: 1134
Merit: 515
Well compared early this year, It is definitely the performance of bitcoin price value in the market was quite good.
so far the price was 7929$ according to the coinmarketcap, so I sense that bear season was now little by little close to
exit and bull run now is happening little by little in the market exchange.

It cannot be called a bull run as the cryptocurrencies do not show great visible signs of a pump. It is a stable slow growth, which is even better. Having it, we know that the chances of the next fall are decreasing.
If you read about the crypto market cycle, you would realize how often there is a fluctuation in the market values. The market being too volatile makes you loose and gain value in no time. The current bullish market has an average addition of value more than the loss in the value which makes it pretty profitable provided you have low cost of investment. You would understand this when you master the market cycle.
sr. member
Activity: 882
Merit: 251
Well compared early this year, It is definitely the performance of bitcoin price value in the market was quite good.
so far the price was 7929$ according to the coinmarketcap, so I sense that bear season was now little by little close to
exit and bull run now is happening little by little in the market exchange.

It cannot be called a bull run as the cryptocurrencies do not show great visible signs of a pump. It is a stable slow growth, which is even better. Having it, we know that the chances of the next fall are decreasing.
hero member
Activity: 980
Merit: 506
I really think that the bearish market is over for now though the bullish we are having is kind of stagnant in nature am sure we will make it eventually Is a good bullish run where price is stabilizing steadily and will take some time to get fully realized
The bear market was over for a couple of weeks ago ,
If what we experience isn't a bull run for you then what would you call it?
We have seen a great price increase on BTC and not just on BTC but also in other crypto and that should be a proof that we have entered the bull market.
This reversal can be called as a bull knowing where bitcoin came not just because of the last time high but considering the positive movements after this year, we are  waiting for much higher grounds before the halving, and with this continuous strong support we can call this now as a good bounce back to
be followed by a strong bull and bring another new ATH.
That is nice. I think feel the same about the market this time and am really looking forward to the halving and scenario beyond that. Bitcoin is in some good positive vibes and that being said, the price will go higher and higher. I do not think it will be up as high as it ATH back in 2017, in few months but definitely it is going to cross the boundaries of restriction.
member
Activity: 490
Merit: 28
Bear market means the value of the cryptos are dropping but based on what you say , you are reffering to the bull  . Currently the price is in the middle of the bear and the bull because the value is not that high and its not also that low.
Thanks for the correction. I mean the bull market will soon be there, seeing from the increase in the value of cryptocurrency at this time.
legendary
Activity: 2212
Merit: 1008
Describe the development is creating some changes so I think it will not end very soon and the Bull market is stand with stable and huge development so we cannot verify the current situation to make any changes and right now it is the best way of investment then it will definitely helpful for improvement of bull market.

I see the situation fro the other side. As I understand, the bulls have not yet finally come: they appeared and vanished. At the same time, bears have left the market. Suppose, they will not return for long.
full member
Activity: 798
Merit: 100
I'm still going to say the bear is over, though recently there was a decline in price and I thought it was going back to the floor again. The price dropped down to $7,300 and stayed at that rate for a while last week before going back up. Currently it is heading back for $8000 right now as it has already reached $7,800. I'm believing that before this month if may ends the price might get close to $10,000 or even above that rate. I have seen a lot of news that are predicting $10,000 and above.
Estimated prices can reach $ 10,000 but that may need to take the next few months, now the price of $ 7000- $ 8000 is realistic. maybe in the future it can reach prices above $ 10k and that can happen.
hero member
Activity: 1022
Merit: 538

As also you can see on this chart by HairyMaclairy, if we will base on the 2014/2015 price, we should be dumping now on this area but it goes on the opposite side. As you can also the 200MA acting now major support which is really good news for Bitcoin. Breaking above $6,000 is really significant for bitcoin since it will become the major support now.
Have you guys not ever seen that technical analysis doesn’t really work in cryptocurrency trading like the way it is effective in forex trading, there are so many events out there that is contributing to the price direction of bitcoin and other markets that TA cannot capture.

When bitcoin started its bull run on April 1st, did TA not speculate downtrend for BTC back to $3800? Did TA not also speculate that bitcoin will not reach $6000 until the end of JUNE. SO why do we still look at TA instead of focusing more and looking out for fundamentals that are the real thing that is affecting the price of bitcoin.
hero member
Activity: 2506
Merit: 582
"CoinPoker.com"
Based on my observation and with my knowledge, Bitcoin has already broke the strong resistance which was actually the support from july to november 2018. With this case, we can already assume that the bear market is now over as we can't even see the strong dominance of bitcoin among the other coins anymore, and we can expect that this year's bitcoin's price will go into a new high in a month or two. Mark my word.
That is right that Bitcoin has broken the resistance it had been there since long. I tend to think about the half filled glass and not the half empty glass. There is going to be some incredible rise in the market value of Bitcoin in days to come. The fact that the value of Bitcoin surged from something more than $6000 to more than $8000 has been another reason for the immense inflow of funds for speculation purposes which is pushing the market up.
legendary
Activity: 1302
Merit: 1037
Based on my observation and with my knowledge, Bitcoin has already broke the strong resistance which was actually the support from july to november 2018. With this case, we can already assume that the bear market is now over as we can't even see the strong dominance of bitcoin among the other coins anymore, and we can expect that this year's bitcoin's price will go into a new high in a month or two. Mark my word.
You word has been certified mate as I am also in support of your opinion. I knew the market was already out of the bear market and that is why I quickly rushed into making serious investment at $5200, I had some funds before that I was using to trade and I never thought that we will be out of the bear market so soon, so I lost out of the $4000 trend, but from $5200 that I invested, I stopped trading and focus more on holding my coin for now. Although the bull run we have now might be a semi one, but this semi bull run alone will be more profitable than the last ATH by the end of the year.
legendary
Activity: 2338
Merit: 1124
Many of us believed that the bear market is officially over already and the bull market has started. The correction that happened yesterday doesn't mean that it will not rise again. Its better to have a correction after a continuous rise compare to a market that is only rising and rising and rising. See what happened in 2017 & 2018.
I think the bear market is not over yet and it can come back any time this year so be careful of recent news as it may be a huge influence in the Crypto market. I usually only invest when the uptrend happens and will find the best way to make money in that time period because after the price increase happens then will take a long time for the market to recover. Anyway, crypto still in the period of price increase so we can still earn normal profits until the end of May
News? May I please count the number of negative news that I have seen over the media this period and nine of them have been able to have any effect over the value of bitcoin? Most time we see any FUD news about bitcoin that is the time bitcoin usually increase in value.

So many anti-bitcoin has even personally sponsored very bad news about bitcoin and yet, bitcoin still remains unshakable, if you are seeing those price fluctuations as response to bad news, those ones are natural, for every increase, there will be an accompanying correction and this correction will make us see another new value we have never seen this year before.
hero member
Activity: 1022
Merit: 500
Well compared early this year, It is definitely the performance of bitcoin price value in the market was quite good.
so far the price was 7929$ according to the coinmarketcap, so I sense that bear season was now little by little close to
exit and bull run now is happening little by little in the market exchange.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
I really think that the bearish market is over for now though the bullish we are having is kind of stagnant in nature am sure we will make it eventually Is a good bullish run where price is stabilizing steadily and will take some time to get fully realized
The bear market was over for a couple of weeks ago ,
If what we experience isn't a bull run for you then what would you call it?
We have seen a great price increase on BTC and not just on BTC but also in other crypto and that should be a proof that we have entered the bull market.
This reversal can be called as a bull knowing where bitcoin came not just because of the last time high but considering the positive movements after this year, we are  waiting for much higher grounds before the halving, and with this continuous strong support we can call this now as a good bounce back to
be followed by a strong bull and bring another new ATH.
legendary
Activity: 1442
Merit: 1025
Now we have went up and down it is important how we react from now on. Yeah, we had an increase to over 8 thousand and we dipped a bit back but the important part is to know how low can it get. Are we going to go back down a lot from now on? Or is this more like a resting period where bitcoin will rest a bit then go up again.

Bear market is already gone that is for sure but bull maybe just starting, think about it if bitcoin went up this much only to rest and gain more power and increase the same amount of percent once again it will be such a huge increase, it went up over 100% so that would mean over 15 thousand dollars easily.

We have to push back on crypto and try to not sell as long as we can, I know its hard sometimes but we have to at least give it a try.
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