Bitcoin does seem to be in a place where it is not hitting any fall right now. So it can be safe to assume that the market is no longer in the bearish mode and will soon hit the bull run.
Topic: Market indicators indicate a reversal of the bitcoin trend. - page 3. (Read 1687 times)
I believe that bitcoin is starting to move up after a long time. it seems to me that by the end of October we will see a very strong increase in investments
The market has been in a stable position right now. The coins are no longer taking a fall and it seems to be rising very slowly, which is a good thing. We can't say for sure if it is hitting the bull run, but it is on the verge of it. One thing is for certain that the market is no longer bearish.
It will be too soon to state that the market is in the bull run. But then again as far as the stability of the price level is in consideration, it is not in the bearish state either. So to conclude, the market is getting out of the bearish state and will soon hit the bull run.
Lately, bitcoin has continue to defy TA, we do see a quick massive sell off in the market leading to market cap losing fund. This has serious been influenced by FUD and counter FUD. whichever way it takes, am keeping patient with the market.
bitcoin has always defied TA! that is why so many people don't even use it and those who do, don't put too much faith in it. apart from that in this case the TA was not even correct. OP got too excited seeing a low quality article on a low quality website. there was never any "market indicator" for a big rise. we have seen the reversal start a while ago though but that doesn't mean price is just going to make a U turn and rise to the moon all of a sudden.
In my opinion, i do not think that btc will be going down as per subject and I believe this bearish market may just be recurring but this could lead back to a bullish run in the next few days. People should remain steady and hold your btc this time since the trend might be starting to go for the recovery. I had high hopes for btc since it has already proven that it will regain it's market after every dips.
there is a lot of indicators showing that bitcoin trend is going to change and tell us there is a rise on the way but at the same time there is one big indicator in the opposite direction telling us that the rise is not going to happen that easily.
that opposite indicator is the fact that ETF decision is on the way and there are newbies who might want to panic sell because of it.
that opposite indicator is the fact that ETF decision is on the way and there are newbies who might want to panic sell because of it.
Lately, bitcoin has continue to defy TA, we do see a quick massive sell off in the market leading to market cap losing fund. This has serious been influenced by FUD and counter FUD. whichever way it takes, am keeping patient with the market.
bitcoin has always defied TA! that is why so many people don't even use it and those who do, don't put too much faith in it. apart from that in this case the TA was not even correct. OP got too excited seeing a low quality article on a low quality website. there was never any "market indicator" for a big rise. we have seen the reversal start a while ago though but that doesn't mean price is just going to make a U turn and rise to the moon all of a sudden.
Lately, bitcoin has continued to defy TA; we do see a quick, massive sell-off in the market leading to market cap losing fund. This has serious been influenced by FUD and counter-FUD. Whichever way it takes, am keeping patient with the market.
I think this is because altcoin is dumping more than FUD. all crypto market "except bitcoin" effects significantly.ETH may drop below $ 200, BCH less than $500, ripple $0.2 and so on
Bitcoin at $ 6,000 and stable in that rang, If it starts the rise, we will reach 7000 as fast as possible.
I'm not sure if Bitcoin is the following any trend or not. The cryptocurrency market itself is very unpredictable. After the long bearish market, the price of Bitcoin is stable lately. I don't think that it is following any trend.
In this market bitcoin price can be fluctuating at any time and it ups and downs between $5000-$7000. I hope price will rise in near future.
I think honestly that we are still in a bear trend, todays situation with Bitcoin price showed it. Price is fluctuating between 6k and 7.500$ and doesn't want to go up for now.
I think the time has come ! What do you think, do you need to fasten your seat belts ?)
https://bitnovosti.com/2018/09/04/rynochnye-indikatory-svidetelstvuyut-o-razvorote-bitkojn-trenda/
https://bitnovosti.com/2018/09/04/rynochnye-indikatory-svidetelstvuyut-o-razvorote-bitkojn-trenda/
Not yet in my opinion.
Lately we have been more in a stable trend, we are probably in a critical moment, the bullish trend could start again soon.
It would be nice if Bitcoin price could overtake $8,000 again. If we manage that soon, I do believe we'll quickly head up to $10,000 again.
But to sum up my thoughts, I don't think there is a clear trend yet, at this point it's better to hold, or buy but with a stop loss at $7000. My opinion.
PS: your article is not in English so I could not bother
but I don't really agree about the falling channel and bullish breakout on that picture:
As explained above, we need to get close to $8,000 in my opinion for a clear breakthrough.
I think the time has come ! What do you think, do you need to fasten your seat belts ?)
https://bitnovosti.com/2018/09/04/rynochnye-indikatory-svidetelstvuyut-o-razvorote-bitkojn-trenda/
https://bitnovosti.com/2018/09/04/rynochnye-indikatory-svidetelstvuyut-o-razvorote-bitkojn-trenda/
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