Is the bearish road over? - page 4. | Bitcointalksearch.org

Malsetid

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Quote from: Fedrey on April 06, 2019, 12:50:45 PM

Quote from: arpon11 on April 06, 2019, 07:30:57 AM

Quote from: Rajamuda on April 06, 2019, 07:15:40 AM

I think it's enough if we assume that it will even go further down

For now I think bitcoin is more of a bullish trend than bearish market. I expected a more upwards movement than the bearish one and the assumption that bitcoin is going to go down more than it is up now may not going to happen and I have tried to read and listening to most of the speculators and their views on the current happening and I see are common is that the market has recovered and the bearish trend is over and we should expect slow but a steady upwards movement in bitcoin pricing.

in any case, one can definitely say that at the end of 2018 a bear market is possible to end, since it was after this time, namely from the beginning of 2019, that the market began to show good results. Perhaps slowly, but there is still a positive trend.

This kind of movement started around the end of february when we're playing around the 3.8 to 3.9k levels and then broke when it made more than an 800 jump in a few hours. I've read some articles that a single transaction bought in millions of dollars in btc. If a few more of those buy ins happen then a real fomo run can occur and only then can we really say that the trend has reversed.

PurpleDog

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It's going well.

I think that breaking the 5300 EUR resistance line will be crucial.

Fedrey

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Quote from: arpon11 on April 06, 2019, 07:30:57 AM

Quote from: Rajamuda on April 06, 2019, 07:15:40 AM

I think it's enough if we assume that it will even go further down

For now I think bitcoin is more of a bullish trend than bearish market. I expected a more upwards movement than the bearish one and the assumption that bitcoin is going to go down more than it is up now may not going to happen and I have tried to read and listening to most of the speculators and their views on the current happening and I see are common is that the market has recovered and the bearish trend is over and we should expect slow but a steady upwards movement in bitcoin pricing.

in any case, one can definitely say that at the end of 2018 a bear market is possible to end, since it was after this time, namely from the beginning of 2019, that the market began to show good results. Perhaps slowly, but there is still a positive trend.

arpon11

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Quote from: Rajamuda on April 06, 2019, 07:15:40 AM

I think it's enough if we assume that it will even go further down

For now I think bitcoin is more of a bullish trend than bearish market. I expected a more upwards movement than the bearish one and the assumption that bitcoin is going to go down more than it is up now may not going to happen and I have tried to read and listening to most of the speculators and their views on the current happening and I see are common is that the market has recovered and the bearish trend is over and we should expect slow but a steady upwards movement in bitcoin pricing.

Bitcoinwaist

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bear until we convincingly blow past $6k where there are tons of bagholders. Wink

Rajamuda

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We haven't been able to confirm something here, but are in an optimistic sense that it will be better than now. we just believe that bitcoin does have high strength on its role so that more users, buyers, investments etc, can develop efforts to make a profit. Its role is still sharp and of course the price still has a high chance of returning high. I think it's enough if we assume that it will even go further down

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Quote from: Pamadar on April 06, 2019, 12:58:01 AM

Quote from: PurpleDog on April 06, 2019, 12:05:30 AM

I am with you. I think we are at the beginning of bullish trend eventhough only time will tell for sure.

For the time being, I read an overall positive feeling.

Still have a lots of time to wait, if this trend will continue to be more aggressive and strong, bullish will reverse everything back and provide more
profits for people who able to wait and hold, though it's still far from the last time high we are all hoping that it will bring everything back and give
a lots of benefits for both old and new comers.

I don't know about the bullish reversal dude. Though i want to think that with the recent happennings we're already out of the bearish woods, it doesn't indicate that the bulls will automatically take over.

Pamadar

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Quote from: PurpleDog on April 06, 2019, 12:05:30 AM

I am with you. I think we are at the beginning of bullish trend eventhough only time will tell for sure.

For the time being, I read an overall positive feeling.

Still have a lots of time to wait, if this trend will continue to be more aggressive and strong, bullish will reverse everything back and provide more
profits for people who able to wait and hold, though it's still far from the last time high we are all hoping that it will bring everything back and give
a lots of benefits for both old and new comers.

PurpleDog

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I am with you. I think we are at the beginning of bullish trend eventhough only time will tell for sure.

For the time being, I read an overall positive feeling.

Kasabus

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Quote from: suzanne5223 on April 05, 2019, 03:10:48 PM

Quote from: PurpleDog on April 05, 2019, 02:29:47 PM

maybe you need to look up what "bearish" means

It's such a basic concept and you seem to understand it all backwards.

BTC has been going up for quite some time and it's been 4 days now that all coins are up big time. That's the definition of bullish.

The OP definitely misunderstand what bearish market mean and the bearish market will never be over but pause for awhile to let the pump or bullish market takeover. However, you also misunderstand what bullish market mean because the crypto is yet to experience bullish market but pumping in price.

Simple terms has to be understood being a trader.
Being a trader is not easy, we could think it's over now but the possibility of price dump might also happen.
My own judgement of what is happening now is I also think we are in the bull market already.
Though it's too early to conclude, but I like to say what I feel at the moment.

STT

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Multiple Timeframes - so we can have counter trends within a larger movement and thats totally possible what is happening.

So a bear market is where the price falls 20% from the top. Certainly that was true and I'm not sure what cancels out that label exactly because this is one hell of a rise, it is up 20% easily or more

Its also the case that bear markets have the most violent and large rises, often related to short positions cancelling and retaking a position at a higher price which is correct behaviour for successful speculation.
I think if we are to call this a bull market then for me it would be placed over time and countering major resistance/support areas. We got to be past 6500 and I think 6 months of positive action from Dec to June might convince me of an end to king bear

PurpleDog

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OP and quite a few other people.

Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge
SFOX Market Index Reads Current Crypto Market as ‘Mildly Bullish’

BTC is being in an uptrend for 2 months now and now the whole market is going up. The market right now is bullish.

Of course it's going to take time to see how long this is going to last and how high it is going to go.

My take on the matter is that this is not a price pump but the begin of a bullish market that is going to last for months.

suzanne5223

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Quote from: PurpleDog on April 05, 2019, 02:29:47 PM

maybe you need to look up what "bearish" means

It's such a basic concept and you seem to understand it all backwards.

BTC has been going up for quite some time and it's been 4 days now that all coins are up big time. That's the definition of bullish.

The OP definitely misunderstand what bearish market mean and the bearish market will never be over but pause for awhile to let the pump or bullish market takeover. However, you also misunderstand what bullish market mean because the crypto is yet to experience bullish market but pumping in price.

PurpleDog

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maybe you need to look up what "bearish" means

It's such a basic concept and you seem to understand it all backwards.

BTC has been going up for quite some time and it's been 4 days now that all coins are up big time. That's the definition of bullish.

STT

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Quote from: thecodebear on April 03, 2019, 07:29:24 PM

The bear market has clearly been over since December. That's when it recorded the lowest price of the bottom, it's been pretty clear for about a month now that bitcoin wasn't gonna go lower than that. And now the bottoming out process is over too as bitcoin just broke out of the 4.5 month bottom. Bull market has just begun.

It wasnt clear in December, it was still very muddy waters. Its become a bit clear since February there was some trend upwards. I think the bear road continues and people will be gloom after a fall after now anyhow.
The reason I say bearish road is not over is because price needs to combat, overcome and then confirm above 6,500 or so. Thats a long road, coming much closer like this is good prospect but this road is block with debris that much be cleared and this takes more time then many anticipate

futile-resistance

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Quote from: thecodebear on April 03, 2019, 07:29:24 PM

The bear market has clearly been over since December. That's when it recorded the lowest price of the bottom, it's been pretty clear for about a month now that bitcoin wasn't gonna go lower than that. And now the bottoming out process is over too as bitcoin just broke out of the 4.5 month bottom. Bull market has just begun.

You are right about that, but I think many people still were not sure about that time if BTC had bottomed yet or not, you know it’s not so easy to do this, everything we have seen as been based on prediction, many people missed that bottom price because if they had not, we would have since lots of investment and increase in price then, but they didn’t get to conclude until recently which is why a little increase in the price made everyone to start investing out of FOMO, now they are still waiting to see another of its direction if it will still go lower that this barrier it just broke or higher before they continue with their investment.

davinchi

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Quote from: Pursuer on April 03, 2019, 06:00:33 AM

it is funny how most people have changed their stance right away specially those who were saying price should fall down hard and go below $3k not so long ago, not necessarily in this topic but this made me think of that as for the past 48 hours I have been seeing a lot of them not just change their stance but also start panic buying a little too although they are still doubtful and have other kinds of fear!

It is good, let FOMO continue hitting hard on those people, we need more of them who has refused to yield to warning to help us push the market furthermore, there has been so many indicators and so many analysis that bitcoin has already bottomed the moment it crossed over to that line of $4000 but yet, they would not listen to what analysis has been saying, many of them was still waiting for an opportunity for the market to crash so low before they can invest, well. It is a good thing we have been finally welcomed into bull market, it is not still late for them to buy at this early bull stage.

Naida_BR

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Quote from: thecodebear on April 03, 2019, 07:29:24 PM

The bear market has clearly been over since December. That's when it recorded the lowest price of the bottom, it's been pretty clear for about a month now that bitcoin wasn't gonna go lower than that. And now the bottoming out process is over too as bitcoin just broke out of the 4.5 month bottom. Bull market has just begun.

Indeed but we need to be a little patient to see where the market goes.
I am afraid of a market manipulation in order to create FOMO that may end in a lower price than 4k that was a stable price of bitcoin for many months. I would be optimistic if I see that the price is moving above 5k for a month at least.

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Quote from: PurpleDog on April 04, 2019, 03:00:09 AM

Quote from: Natalim on April 04, 2019, 01:36:54 AM

BTC been bearish for a long period, now that it recovers and starts to be bullish, I don't understand why some people still in doubt.

I suppose it's because of the prolonged bad experience. Many might have hoped for an uptrend when it was bouncing on the 5300 EUR line but it collapsed even further.

Personally, I don't see BTC collapsing any further than this. And it seems that a bullish market is about to begin.

BTC collapsing, I am hoping it will not.
Watching it grow in price is better than seeing it collapse, and I guess we've seen enough, from ATH to the current price, it's still down with significant amount.

PurpleDog

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Quote from: Natalim on April 04, 2019, 01:36:54 AM

BTC been bearish for a long period, now that it recovers and starts to be bullish, I don't understand why some people still in doubt.

I suppose it's because of the prolonged bad experience. Many might have hoped for an uptrend when it was bouncing on the 5300 EUR line but it collapsed even further.

Personally, I don't see BTC collapsing any further than this. And it seems that a bullish market is about to begin.

Topic: Is the bearish road over? - page 4. (Read 16722 times)