Reversal of Bear Market? - page 11. | Bitcointalksearch.org

Oceat

sr. member

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Quote from: milewilda on December 21, 2018, 09:56:55 PM

Normal for us to give reactions when theres sudden price increase on a short span of time.We thought that this might be the reversal but crypto proves out how many
times that it can really break out expectations.This might be an another bull trap or just a normal buy out from some big companies or any other people which drives out the price
to increase.This is the best time for shorting.

Exactly what is in my head, it is just a simple bull trap and most of them are started to believe that this is the start of a bull run but after a day it came down again. A better way to make a conclusion is to just wait and see what will be going to happen to the market. Don't just go and make a quick decision of what you have just seen.

Agarthian

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Quote from: btc_angela on December 22, 2018, 04:29:19 PM

It's more of like whales are pumping and giving us false hope that we have rebounded so that noob investors will throw their money again in hoping to make a profit, however, whales have other plans. So before those noobs cash out, smart investors would take the profit first. So this is just a bear trap, imho.

Im confused u said whales are pumping n giving false hope which implies its goin down.

Then u say its a bear trap which implies its goin up

What are u trying to say?

btc_angela

hero member

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It's more of like whales are pumping and giving us false hope that we have rebounded so that noob investors will throw their money again in hoping to make a profit, however, whales have other plans. So before those noobs cash out, smart investors would take the profit first. So this is just a bear trap, imho.

Bobby park

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Quote from: Agarthian on December 21, 2018, 02:31:46 AM

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K

Any thoughts ?

I Still feel we got some room to grow up

i think it is not a reversal. It is just a hype. Bitcoin as well ss other cryptocurrency pump last days without any guide. It means that there j
is no more basis why they surge. It is bull trap, so I do not buy. I am afraid to lose again.

BestSSS

jr. member

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Another bounce up is like the effect of a ball hitting the ground. The harder you fall the stronger the rebound to the top we're getting!
Look, we flew down almost without stopping from 6300 dollars to 3200, it is logical that now we have seen a small rebound of $ 1,000 in a few days.
Euphoria can lead to failure be careful. Today we are already seeing another decline, because the level of 4400 did not work. Waiting for a rollback to 3400dollarov, and there is likely to test again 3000 dollars.

cryptobull3

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I think it is too early to say that , Yeah if we want to decide emotionally and follow hype news , most of them say that bearish trend is over but I think we need to wait till end of 2018 and see if the market rising is real or a bull trap.

kavabanga07

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https://bitcointalksearch.org/topic/m.48822860
Working fine! Have a good holiday!

CryptoPowerL

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ASO Service

I do not think that this is a turnaround of the market. The market is too weak for this. Most likely the price will fall again, only after that the price will start to rise.

Agarthian

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Quote from: exstasie on December 22, 2018, 04:06:58 AM

Quote from: Agarthian on December 21, 2018, 02:31:46 AM

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K

Any thoughts ?

I Still feel we got some room to grow up

The market hit a major technical support area ($3,000) and was due for a bounce. I'd say it's too early to call it a "reversal" of the larger downtrend. In fact, I believe it's a bull trap.

I agree there's more room for upside in the short term though. I think there's a good chance we visit the upper $5,000s and 200 DMA areas.

I was thinking the same... and technically a move to 5K is kindof reversalish .

I just feel people are too negative and they will get trapped shorting buy people who have lots of $ n want to buy cheap corn.

Its kindof obvious no matter what u do an investment now at this price is going to be worth it any price below 5k$ will be worth in the months n years to come.

The only thing dragging us down is the panic fear created by big boys who want to shit on btc n buy it fkin cheap so they can profit later.

Its some serious propaganda . How many times have BTC been through this test in the past and come out with flying colors?

DarkBullet

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No one can tell if it will be a reversal of bear market or a bull trap. One of the things you must consider when looking on technical analysis are how many days or weeks will bitcoin sustain the current price. Based on my observation, many traders found an opportunity to sell bitcoin at $4150 where a massive selling happened. The current price looks experiencing a resistance at $4000 so it is early to say that what happened will be a reversal.

mapofgordious

newbie

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Quote from: Agarthian on December 21, 2018, 02:31:46 AM

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K

Any thoughts ?

I Still feel we got some room to grow up

The coming year will bring a bright future for Bitcoin and the market of all altcoins which is known by many users of Bitcoin and is predicted by many expert that is why there is a rise in the price as people are investing in Bitcoin for preparing to get the profit.

exstasie

legendary

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Quote from: Agarthian on December 21, 2018, 02:31:46 AM

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K

Any thoughts ?

I Still feel we got some room to grow up

The market hit a major technical support area ($3,000) and was due for a bounce. I'd say it's too early to call it a "reversal" of the larger downtrend. In fact, I believe it's a bull trap.

I agree there's more room for upside in the short term though. I think there's a good chance we visit the upper $5,000s and 200 DMA areas.

Agarthian

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Quote from: coinplus on December 22, 2018, 12:15:24 AM

Quote from: Slow death on December 21, 2018, 04:54:07 PM

I do not know why you are impressed with this, remember that before the price was $6000 and soon fell to $3100, then a small increase to $4000 should not be something impressive

Probably he might be a bitcoin hater or just spreading FUDs for the reason of finding opportunities to buy cheaper. In my view sense this type of people are imagining themselves as they are expert in market predictions and writing whatever striking in their mind but unfortunately some innocent people's are listening to them without checking these people's rank and reputation in this forum.

Quote from: milewilda on December 21, 2018, 09:56:55 PM

This might be an another bull trap or just a normal buy out from some big companies or any other people which drives out the price to increase.This is the best time for shorting.

No. Most probably this must be the best time for staying away by simply watching. For the high-risk investors, the current price levels are good for buying some more and low risk investors and traders should wait for double confirmation about reversal so that they may enter.

So let me get this straight..... We are at yearly all time low levels and you say this is the best time for shorting

So whats best time for long... at 18k ?

To be honest I was a firm believer in the 3200 reversal candle until the bears convinced me 2800 is on play .

Thats exactly when it bounced back. Can it go back lower ? Yes it can but after 2 months of solid dumping i think 1-2 weeks of pump is expected.

coinplus

legendary

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Quote from: Slow death on December 21, 2018, 04:54:07 PM

I do not know why you are impressed with this, remember that before the price was $6000 and soon fell to $3100, then a small increase to $4000 should not be something impressive

Probably he might be a bitcoin hater or just spreading FUDs for the reason of finding opportunities to buy cheaper. In my view sense this type of people are imagining themselves as they are expert in market predictions and writing whatever striking in their mind but unfortunately some innocent people's are listening to them without checking these people's rank and reputation in this forum.

Quote from: milewilda on December 21, 2018, 09:56:55 PM

This might be an another bull trap or just a normal buy out from some big companies or any other people which drives out the price to increase.This is the best time for shorting.

No. Most probably this must be the best time for staying away by simply watching. For the high-risk investors, the current price levels are good for buying some more and low risk investors and traders should wait for double confirmation about reversal so that they may enter.

milewilda

legendary

Activity: 3094

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Normal for us to give reactions when theres sudden price increase on a short span of time.We thought that this might be the reversal but crypto proves out how many
times that it can really break out expectations.This might be an another bull trap or just a normal buy out from some big companies or any other people which drives out the price
to increase.This is the best time for shorting.

keanne_isaac

full member

Activity: 392

Merit: 103

www.daxico.com

Quote from: Agarthian on December 21, 2018, 02:31:46 AM

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K

Any thoughts ?

I Still feel we got some room to grow up

After a strong rally for three straight days crypto market looks weaken as total market cap slowly fell down. I wish this would be a short consolidation and crypto market may continue to take uptrend rally.

Altero

full member

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Quote from: kotajikikox on December 21, 2018, 06:43:47 PM

Quote from: mk4 on December 21, 2018, 02:49:17 AM

It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.

I agreywith you mate and good answer keep safe from this market pumped signal its better to use this price gain wisely because there will possible to continue pumping or dumped a litle before year end, Hopeing this is a sign for the end or bearish market rending.

Thinking how long we've been in the dip position and still no changes with the market. The increase we experience in few days is not to be consider the start of bull run, it is just a short pump doing by investors and not totally a market recovery.
I believe bearish season will end up soon, but I don't know if people still have patience to wait for it.

kotajikikox

full member

Activity: 2590

Merit: 228

Quote from: mk4 on December 21, 2018, 02:49:17 AM

It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.

I agreywith you mate and good answer keep safe from this market pumped signal its better to use this price gain wisely because there will possible to continue pumping or dumped a litle before year end, Hopeing this is a sign for the end or bearish market rending.

Biscutard

full member

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Don't just get too excited because this is just a simple sip of the resistance of $4k but the true bull run is not coming yet. Bull market needs a big push to starts it, like the one that most investors will start to dump everything but we aren't there yet. So, let's just wait for that biggest news that will trigger the market to push up.

iv4n

legendary

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Quote from: Yamifoud on December 21, 2018, 05:31:24 PM

Quote from: Agarthian on December 21, 2018, 04:14:32 PM

so btc is back in the 3800 range for now.

Tron n bCash still lookin good for small upward movement.

4200 was rock solid resistance rejected thrice .

Will this bear madness never end ?

Tron and Bcash were looking good for now but it will follow to dump in few days from now.
We're getting mad to see the price fall back again, we still don't have solid resistance nor the demand exist that could bring this for a new pumps that is why it is easily to drop.
Full support is what we lookin for to have a strong and healthy market, but we can't see it right now.

If you believe in dump in next few days than you need to short your position, easy and simple. But how much can you be sure in that drop, enough to risk some coins on that? Fluctuations are common thing in crypto, use it if you know how, if you don't know just hold. Price can enough space to grow, to grow a lot, on that way to the top we will see many more ups and downs. I don't know what to think, I have some bitcoins bought on 3200 I will wait a bit more before I sell, looks like new year is bringing some nice uptrend and if that continue we can see 5000 dollars, I will think to sell on that point or to wait and make double money, it's not greediness, its crypto and here everything is possible.

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