Topic: Moving away 2019 and looking forward for 2020. A Bullish or Still a bear season? (Read 258 times)

2 years is not a short time for everyone to suffer huge losses when the bear market in 2018 and 2019, only a fool says 2020 will return to the bear market, for example since 2019 the bear market but we are able to raise 2x times the lowest price at the beginning of the year until by the end of 2019 around $ 7,000, so the experts who were left behind buying cheap at the time are now trying to make charts analysis according to their own thoughts and many followers say yes, I still believe that every moment of history repeats, let's see who wins at right or left, at this time only focus on promoting and expanding to get more adoption that must come first now, time to work now for bitcoin popularity

From my personal point of view the market wasn't be too bearish in 2019 the price reaching $13800 was quite remarkable despite the fact that that there is no underlying positive fundamental news that year however this year we an upcoming halving of bitcoin and looking forward to a bullish market if at the beginning of year the price could be traded above $7000 against last year price of $3300 then we would surely enjoy a possible pumping in the price of bitcoin this year.

Partly confident that we end up the bears season this year. I know it never be that easy and couldn't be instant but having optimistic to see huge changes as journey goes on. This what we called a big challenge for everyone, it somehow we need to extend our patience and the worthy waiting will gonna be paid off later.

The unpredictable market still kepts on raging so quite difficult as of this moment. Latest updates of bitcoin price hasn't moved on a good track record, that's why investors isn't yet taking initiatives. Fair prices is potentially going to dominate, but bear market in my opinion has not yet getting over until 2020. This probably a hardest part of bitcoin's journey upon growing a sustainable value in perfect time.

Although the resistance was quite strong we coudn't just hold for a certain price for quite longer. As it there would be a time that it would be going to crashed. Well, yes might be or going to other way around but at least for sure it ain't going stick around. Besides not my place nor my authority to claim such but what I think we could have a fair price in the end of this 2020.

Whether the ongoing year 2020 is bullish or bearish doesn't matter, always it is good to have hope and move forward. Just on thinking about the market condition of 2019 is not gonna get you anything. Price fluctuation is common with bitcoin and other cryptocurrencies, but the immediate fluctuation by the new year start gave a negative impact on growth and now the trend change has taken place and things have come to the track on the bullish side.

I don't think we're in a bear market right now, but I guess a bear season within a longer bull market is an accurate description. Last market cycle after initially doing a double pump off the bottom the price cooled off and fell well off the peak and then went sideways for half a year. That's essentially the same thing that happened this time, but instead it did a triple pump and instead of a sharp spike and drop and then cooling off the market this time tried to keep the gains from that third move but it slowly fizzled its way down to around where the price was after the second move We're now at the 6 month period since the pumps, which is how long the it took last cycle for the market to do anything after that initial pump off the bottom. I'd bet in the next month or two we see the price take back $8k and $9k as it slowly starts heading up. Time will tell though!

2019 was a bull year, gained 100% from start to finish, as the long term bull market this cycle continues on I expect 2020 will be a better year than 2019 was. I think a 150%-200% gain is likely from start to finish. I don't expect any serious gains to start happening until next year as Bitcoin doesn't tend to go crazy until the year after the halving. Of course an incoming recession and stock market crash could impact Bitcoin in unforeseen ways (could be a positive or a negative for bitcoin, or neutral) as we haven't had those things since before Bitcoin was created.

 It should be a tiny bit of bullish if you ask me, not a huge one like everyone imagines will be but a bit of bullish, just to give an example I am fully expecting this whole year to be between 10 and 15 thousand dollars, we will go up eventually to over 10k and will stay there for a while, have another increase towards 15k (maybe go over slightly) and than drop, and basically go up and down betweek 10-15 all the time until the new year comes, we had the same exact thing with 7 and 11 this year, went above to 13k levels for a while but if we take a look at what the avarages were 7-11 was the biggest avarage price, I expect this year to be same with 10-15.

I think for now too hurry if want to decide how market will be in 2020. Maybe people can see how market will goes  like in month before May because in halving we can decide after know bitcoin price will pump or dumped. Because 2020 still just 3 days and it is too early i think.

I am very hopeful for this year, the start is good so far, so we should be positive too.

We were still optimistic despite the market for 2019 is not good compared to the last 2 years and the fact that we are still here, that shows how strong our faith in the crypto market is. Bitcoin has survive, it has fall and rise many times but it's still here, so it will not die since it was declared dead many times but they bounce back every time.

it;s like the market is design to move high and low and we should take all the opportunity to earn on that trend.

Buy the dip and sell the peak, we only differs on our target but we could all be profitable if we follow that simple principle.

It's clear that 2019 is much better than 2018. In 2019 we saw the bull run of BTC, BTC increased by more than 150% until Q3 2019 and now the price has been adjusted to $ 7200. I appreciate this development of Bitcoin and certainly in 2020 the price of Bitcoin will reach a new ATH. In addition, I hope that there will be a huge pump to help altcoin revive, all altcoins in this market seem to have collapsed and we need something to help altcoin rise same as before

What have to move if bitcoin keep the same price with last year, although have pass three days with new year we got bitcoin keep stable with lower price and never raise up to higher price, how long hope for bitcoin can back with higher price and get back our profit with altcoin holding have lower price waiting for bitcoin back to higher price too.

in 2020 all bitcoin holders expect to increase bitcoin. because in May this bitcoin will be reduced by half and it will make the price of bitcoin increase. and this year the stable facebook libra coin will be released. This will make people more interested in cryptocurrency. and hopefully the big things happening in 2020 will make the price of bitcoin pump and make the crypto market bullish and make the altcoin market green again.

let's hope that this year will be a better year than in 2019. If 2019 starts at $ 3k, then this year starts at $ 7k, it's just that it's currently down to $ 6k. however, if you look at the development of bitcoin beforehand, it's clear that this year has a higher potential. I just hope the price of bitcoin can exceed the price of $ 13k this year, especially after halving happened.

Although the price has doubled compared last year opening. It's obvious we are still at bearish and it's too early to say about bullish since we've just entered a new year and as you can see the price has dropped few hundred of bucks again. Determining on what way the price is heading is kinda hard to do even if you are an experienced trader. Just like last year, a lot has been predicted that a new ATH will be set but ended up upset and until the end of year they didn't see what they wanted to see.

I also feel the same. Back then, I always follow professional analysis and predictions by some of the experts. During the first quarter of 2018, there are lots of predictions backed by some good analysis that bitcoin price will experience bullish again at the end of that year, the same as what happened to prior years. All of those good predictions are crashed by what we called as now as 2018 bloodbath and no one anticipates that coming. Who can imagined that from around $20,000, the bitcoin price will fall to $3000?

From what I observed, people are speculating things based on the current price movement and not looking for a long term. For example, if bitcoin price will increase today from $6,900 to $8,000, it will now be called bull run but a few days later, it will go back again to $6,900 then it will now be called, bearish market and so on.

Yeah, it is really hard to speculate something of what is coming and I know that expert also struggle the same.

It happens all the time and the bad thing is that we don't have a choice but to accept it. And those who never understand its volatility will end up their journey here in crypto shortly. Many will quit because they failed their expectation and a few will only survive, and that is the reality.

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The coming years will have a lot of surprises for sure, it all be a question either we go up or down but that is the most common thing to happen. Nothing has to assure about the bullish again until we finally experience it.

I'm not really the type of person that will expect something to happen this year.

Either bull or bear, pump or dump, the usual price swing, crazy price movements, etc. the same approach and practice should always be done and that is "continuous accumulation" no matter what.

It's really nice to see some good and professional analysis around with valid pointers but during the time I was an enthusiast of following charts and successfully gained knowledge about making analysis, reading chart lines and learn to make my own based on several indicators, damn, the volatility here in crypto is really too strong to handle and it can literally destroy even the majority of all professional analysis set on a given period. But still, that's my main reference.

As for me, the market already experienced the hardest crash in history. No way* it should be repeated but it doesn't mean the price should go up and go bullish for the next few years.

No, 2019 was actually a fantastic year for bitcoin if you just ignore what happened in the summer months (lol).  If you drew a straight line from $3000 to whatever price bitcoin ended up at on Dec. 31st, the line would look pretty damn good.

Now as far as this year goes, I don't know what to expect--but I never do.  However, ever since the end of 2017 we've had mostly bearish streaks and periods of stagnation, and it really doesn't feel like much progress has been made.  I'm hoping bitcoin starts to perk up, because that would draw in investors that might have gotten burned in 2017 and chose not to stick with bitcoin.  Markets move in cycles of boom and bust, and I think we've had enough of the "bust" periods that the market is overdue for some booming.

I'm hoping, anyway.  But I've learned that bitcoin couldn't care less what my hopes and predictions are.  It's got a mind all its own.

Price may look bullish if we compare it to the price last year but its still in the bearish if we take a loot at the charts. Some people speculate that it may even drop back to $3k again. The price may probably go up in bullish trend on mid year after the halving just as how it did in the past.

The wave in the charts are exciting to look at but when badly needed the bullrun to come, its not fun to experience this bear season when you have not dump all you got since 2017.

Ever since the breakdown in September, we haven't had a 61.8% or even a 50% retrace of the downtrend. So even if we're stuck in a multi-year bear market, I still see the market coiling up for a mid-term uptrend in Q1. The confluence between these Fibonacci levels and existing horizontal S/R suggests to me that the intermediate lows are probably already in:



Breaking above the 0.618 area near $11K with authority will signal bull market continuation. Reaching the 0.886 level around $13K will be another confirmation. Breaking above the 2019 highs will obviously seal the deal.

Before the halving and just after it we may see bearish market that can last weeks and maybe months...
2020 until November/December i am not expecting many things

The title of this thread is in error. It should read "a Bearish or Still a Bull Season".

Having doubled in price, 2019 was obviously a bull year.

I see no reason 2020 should turn bearish. With the halving approaching, the bull market should continue.

^ There are a lot of expectations on this year 2020, aside from next bitcoin halving reward that most people's awaited and they are expected that bitcoin price will surge back in the market and doubled the price again. I have the same feelings as yours, that looking for a big hope this year. There are possibilities that the new ATH has come, be ready. Probably next week, next month or after a year. Accumulation is the best help to the market price to eliminate those whales trying to manipulate the market. Nevertheless, I agree that the overall market price situation was not bad.

Well, any help Bitcoin would receive right now should only be able to help it in the long term. Some may even be detrimental to its progress instead. Well, we should just let nature take its course. More involvement of BTC to the world just makes more users demand for it, which in turn should make the price go high since BTC is a limited coin. Also, every year is a big year for BTC, since every year that BTC made it, is a new year of a brand new development for it.

2019 is bad? I doubt that. Even though it reached 13k but fell to 7k, remember that we started at 3k. That's a double from the start of the year, which is honestly quite great already. Don't compare it to the ATH, its called one for a reason. And assuming another ATH every year seems like a dream tbh.

Let's throw 2019 away but we have learn a lot that year, though it was still a bearish year for us because we expected too much for the market but we are only given a small improvement and majority is only on the part of BTC but not much on altcoins market. If we the same trend would follow, we would only be playing with BTC here which is not exciting IMO.. what I really like to see is the entire market to be healthy, a growth for BTC to over $15,000 is already a guarantee that altcoins will follow, at least in my own opinion only.

Of course, we all need to look forward in 2020 and 'hope' that it will be different. Last two years was worst. And eventhough we didn't manage to at least reach 5 digit at the end of the year, $7k is pretty much good as we started the year around $3k. So it doubled if we have invested beginning of the year and just hold on it.

@Questat - yeah, thinking the same. If we manage to go to $14k this year so it will be a good return as it will double our investment early this year.

There's only a small improvement of price last year but it was okay, at least there was an improvement.

let's say the lowest price this year would be $7,000 (provided price will not dump) so if we end this year with $14,000, again that would already be a good price and if this continues, by the following year, we will be able to see a new ATH and a possible bull run.

Last year we had rise from 3K up to 13k but sadly price felt and continue to dive but after all we have price of 7K USD and it's double rise. 2019 was really a bad year for bitcoin cause we had huge fall and then we had a rise which revived hope but further price fall killed this hope.
There is 132 days left before bitcoin halving, this halving means a lot, even if we look at past, bitcoin rise from 11$ to 1000$, then from 600$ to 20000$ and why this halving won't repeat even better success? Reward gets half, mining gets even more unprofitable and in any way halving will create need of price rise and this + upcoming hopes of increased price will get our hopes achieved.

price can recover above 10k usd soon and fast . everyone should hold and stop panic . when prices will reach high level for sure hope will come back and people will start buy bitcoin again

Lol, it was actually great.  Anyone who is in a stock market would be jumping with joy if their holdings value had a 100% increase within a year.  Others are very  happy with 20% to 30% annual growth of their holding let alone this is a 100% and halving is at the door which signals another possible price increase.

Having an increase of 2x is more than just "It wasn't bad". It was actually a pretty good run for the year to be honest, even more considering that 10 years ago, it wasn't even a known subject in most of the world.

Às for BTC growing, that issue would be possible if more people acknowledged and accepted it, making demand higher, and with supply constantly decreasing, basically making its price grow. Naturally, more people joining the community, the more development is possible.

If we look at the history of last year, bitcoin is experiencing a low price and it's only $ 3000 +, but this time we started with a fairly high price of $ 7000 +, double the previous year, if denying this will be good news in 2020 then I'm sure in the year This bitcoin in the beginning will be full of excitement, because a lot of this year's prediction is indeed for bitcoin but this is also not entirely true so we hope that happens, halving will be a mainstay for them to wait for better prices.

if this is repeated like last year, if last year from the lowest price of $ 3100 to almost touched the highest $ 14k, it could have been at the beginning of this year $ 7,000 could have gone several times over the previous year, but this is just my mind alone, speculation and analysis of many people in this forum and soon about halving bitcoin, all waiting for bitcoin halving price movements may be the only reason bitcoin will increase, we'll wait

So it was still double in a year and yet people are still crying that bitcoin is in a bear run.
This price is humongous if compared to other commodities out there.
Why do people always forget that whenever a price dips happen?

I am still hoping that next year we will see a $14k price and then it will be the bottom of it. They will be silence by that.

Throwing back last 2019 and to see how Bitcoin price moves...

We started last year at $3,300 dip( January). The market starts to move slowly high and even reach $9,000 in the 2nd quarter ( that was amazing). May the favor has given to us and the price keep moving high after a short fullback and finally got the highest price at $13,880 in the 3rd quarter. We think that it could be the start of Bullrun and everyone pretty excited but that just a short stay and it drops down until we stabilize at $7,000- $7,500 before we end up that year.

Source Link: https://www.coindesk.com/a-year-after-bottoming-out-at-3100-bitcoin-is-up-127

For me, it wasn't bad at all. Though we are not able to hit for another ATH but at least the market could still manage to hit the price st $7k plus ( it was double from where we start that year).

Now, we are looking forward that this 2020 is another big hope for everybody.

And ask if there is a reason that could help for bitcoin to grow or we just stay the same? Any thought...