Reversal of Bear Market? - page 9. | Bitcointalksearch.org

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legendary

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Quote from: exstasie on January 30, 2019, 06:00:30 AM

Often times with Wyckoff Springs, we just drop slightly below the previous low before springing back into the previous trading range. Could be $2K. Could be $2,950. It's really unpredictable.

Only time will tell who is right and who isn't. Reality however tells you that the majoroty of people are wrong most of the times, and those who guessed right don't do much to reflect that and take advantage of it. In other words, they think/believe the price will fall to x level, but it doesn't go further than that.

I have set up various buy orders between $1500-$3000 just in case there is a flash crash I won't be able to buy into manually. By having these orders open the chances of buying the potential bottom are much higher.

For the record, I don't expect the price to fall to these levels, just setting myself up in case it does turn out to happen.

gabmen

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Quote from: The Cryptologist on January 29, 2019, 08:42:30 PM

I believe that we are still far away from that. 2020 or 2021 has a higher chance of recovering or a bull run. People are still afraid to buy because we can see it clearly on the low volumes and all of us are still waiting for a couple of good news to come out sooner.

From what you're saying, the whole year would still be under the bears' control right? I actually don't agree with that. Probably we'll see a reversal by the end of the year though not the type like that of 2017. The bear market will likely dry out and we'll start moving upwards slowly.

exstasie

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Quote from: tmfp on January 29, 2019, 07:19:24 PM

"Stable mode" as in on life support.
I was referring to end November 2017, when I was looking for a reversal (and selling) from $8k up. (My feeling as $20k approached were incredulity, but I didn't short out of fear.)
I can't see anything in the current situation that is stable, or a basis for any end to the fall in prices. If 3000 breaks, I'd look for a potential exhaustion move down to the 1500 level which may prove to be a good long entry point.

That sounds fair enough, but why $1,500?

If the December bottom breaks down, it's a liquidity vacuum situation so it's impossible to predict where price will bottom. I don't think it needs to hit any particular level. Often times with Wyckoff Springs, we just drop slightly below the previous low before springing back into the previous trading range. Could be $2K. Could be $2,950. It's really unpredictable.

Agarthian

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Quote from: maydna on January 29, 2019, 07:45:52 PM

Quote from: apityeh71 on January 29, 2019, 07:24:08 PM

From my technical analysis, the crypto market will keep sideaway until on may, and then after that the price will start to rise. All crypto dumped too much and all price of crypto already oversold, and will going up later.

I am afraid we are now going to see the price down again lower than yesterday. Yesterday we were at $3400, and today, we are $33xx and still going to go down. The bear market still happen until now, and we are at the end of January, but I am sure that when the bear market is on there, it just to clear the market from people who cannot hold bitcoin, so they are panic to see the price is down. From the chart in the market, the trend shows a red candle and the market is moving slowly, but there is a battle between the order buy and sell which want to hold the price to not going down deeper.

Dont know what u r looking at

As many chart time frames so bullish divergences upwards we can see a 3500 safely in my opinion.

yanto@1977

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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

This month bitcoin will go dipper and than side ways for long term period, not good sign for us but we can't do nothing. Have the same suggestion like others, calculate again, good stay bad leave with all risk. You should take action fast before too late, not easy but avoid bigger lost is more important than wait.

The Cryptologist

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I believe that we are still far away from that. 2020 or 2021 has a higher chance of recovering or a bull run. People are still afraid to buy because we can see it clearly on the low volumes and all of us are still waiting for a couple of good news to come out sooner.

maydna

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Quote from: apityeh71 on January 29, 2019, 07:24:08 PM

From my technical analysis, the crypto market will keep sideaway until on may, and then after that the price will start to rise. All crypto dumped too much and all price of crypto already oversold, and will going up later.

I am afraid we are now going to see the price down again lower than yesterday. Yesterday we were at $3400, and today, we are $33xx and still going to go down. The bear market still happen until now, and we are at the end of January, but I am sure that when the bear market is on there, it just to clear the market from people who cannot hold bitcoin, so they are panic to see the price is down. From the chart in the market, the trend shows a red candle and the market is moving slowly, but there is a battle between the order buy and sell which want to hold the price to not going down deeper.

Oilacris

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Quote from: Agarthian on January 29, 2019, 07:01:58 PM

Quote from: Oilacris on January 29, 2019, 06:59:16 PM

Quote from: Goodvalony on January 29, 2019, 06:51:13 PM

A good forcast i have been following recently says that Btc must taste below 2000k before we see any thing above 5k. he believed that we are not going to express the 1300k price mark, there is hope actually but not now. as it stands we are going down the pit. everyone should get ready.

It is clear that bear market is not yet totally done and it is clearly showing its sign by making another dip every other day.

The dip from 4K was mostly manipulation and some exchange manipulation goin on for sure.

But I doubt they can push it too low.

You forgot this is BTC ? Not Cripple. Thx

I mean common it took them more than 6 months + To break below 6K.

Well, you can't say so because the market is always unpredictable. They may took 6 months+ to break it but it doesn't mean they will happen again in the following year.
Sometimes price manipulation is a good thing that happens, it makes them to flush the weak-handed bag holders.

apityeh71

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From my technical analysis, the crypto market will keep sideaway until on may, and then after that the price will start to rise. All crypto dumped too much and all price of crypto already oversold, and will going up later.

tmfp

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"Common rogue from Russia with a bare ass."

Quote from: crzy on January 29, 2019, 06:56:40 PM

Quote from: tmfp on January 29, 2019, 06:53:59 PM

Quote from: Agarthian on January 29, 2019, 01:24:03 PM

At what time at 20 K did it show signs of reversal ?

All the way from $10k on up, when it became unsustainably overbought on any indicator you care to name.

That’s the start for sure but we must first beat the resistance level of $4000 before to have the chance of breaking that level. Its quiet hard to say now when it will going to happen since bitcoin is still on a stable mode where there is a trade but its not enough to pump the market.

"Stable mode" as in on life support.
I was referring to end November 2017, when I was looking for a reversal (and selling) from $8k up. (My feeling as $20k approached were incredulity, but I didn't short out of fear.)
I can't see anything in the current situation that is stable, or a basis for any end to the fall in prices. If 3000 breaks, I'd look for a potential exhaustion move down to the 1500 level which may prove to be a good long entry point.

Agarthian

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Quote from: Oilacris on January 29, 2019, 06:59:16 PM

Quote from: Goodvalony on January 29, 2019, 06:51:13 PM

A good forcast i have been following recently says that Btc must taste below 2000k before we see any thing above 5k. he believed that we are not going to express the 1300k price mark, there is hope actually but not now. as it stands we are going down the pit. everyone should get ready.

It is clear that bear market is not yet totally done and it is clearly showing its sign by making another dip every other day.

The dip from 4K was mostly manipulation and some exchange manipulation goin on for sure.

But I doubt they can push it too low.

You forgot this is BTC ? Not Cripple. Thx

I mean common it took them more than 6 months + To break below 6K.

Oilacris

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Quote from: Goodvalony on January 29, 2019, 06:51:13 PM

A good forcast i have been following recently says that Btc must taste below 2000k before we see any thing above 5k. he believed that we are not going to express the 1300k price mark, there is hope actually but not now. as it stands we are going down the pit. everyone should get ready.

It is clear that bear market is not yet totally done and it is clearly showing its sign by making another dip every other day.

Since that ATH on 2017 it seems that the market took a comeback for reversal at 2018 last year.
I think it is possible that we are going back to 2015 if this will continue along the way without changes. Many speculators and some are afraid already that the market seems to crush little by little.

crzy

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Quote from: tmfp on January 29, 2019, 06:53:59 PM

Quote from: Agarthian on January 29, 2019, 01:24:03 PM

At what time at 20 K did it show signs of reversal ?

All the way from $10k on up, when it became unsustainably overbought on any indicator you care to name.

That’s the start for sure but we must first beat the resistance level of $4000 before to have the chance of breaking that level. Its quiet hard to say now when it will going to happen since bitcoin is still on a stable mode where there is a trade but its not enough to pump the market.

tmfp

legendary

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"Common rogue from Russia with a bare ass."

Quote from: Agarthian on January 29, 2019, 01:24:03 PM

At what time at 20 K did it show signs of reversal ?

All the way from $10k on up, when it became unsustainably overbought on any indicator you care to name.

Goodvalony

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A good forcast i have been following recently says that Btc must taste below 2000k before we see any thing above 5k. he believed that we are not going to express the 1300k price mark, there is hope actually but not now. as it stands we are going down the pit. everyone should get ready.

Agarthian

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At what time at 20 K did it show signs of reversal ?

Sadlife

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The trend is our friend until it ends. Im bullish in the long term but bearish in the short term. But the fundemental part is buy low and sell high we might see some slight gain this day or tomorrow that's why i bought some coins and put some necessary stop loss. But there's also a possibility of a bull trend if bitcoin truly has bottomed out then we might see the start of a reversal.

Baofeng

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Quote from: jrrsparkles on January 01, 2019, 12:34:58 PM

No sign of bear market eding now,still the market swings and swings laet see this new year may change the condition or not!

The bear still control this market and I'm sure that they will hold as long as they can, so its really hard to see when this all gonna end.

Quote from: jrrsparkles on January 01, 2019, 12:34:58 PM

For now we have to concentrate on only the long term investments if you are willing to make money from crypto investments.

There's still money to make even if this bear market. Obviously, short day speculators are taking advantage of this situation and taking profits in every prices swings. But there's also people buying cheap bitcoins and HODL for the next 2 years, still win-win to us.

GregH37

legendary

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

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

Any thoughts ?

Isn't it too early to decide what will happen. I mean you are saying 3500 could be bottom and never see anything lower in the future if this happens but also at the same time we are forgetting outside help of bear markets.

China could do something crazy, trump could do something crazy, sec could reject it, NASDAQ will find fault, Bakkt will cancel and any of that would be enough to make it go as low as 2800 and all of them combined could make it as low as 1900 which I beg to my personal god not to happen. Hence what I am trying to say that, yes if everything goes according to play, we can definitely say we have seen the bottom and its only upwards from here, long term looks amazing, but that is only possible if nothing horrible comes out of these next 2 months.

sedahan13

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According history price of Bitcoin in 2014 -2015 after dumped hard the price will stagnan for afew month and then after that will start to going up to the highest price and then will surpass it. So in my research, its now best times to buy BTC and hold it for 2 years. With low capitalization and limited supply, Bitcoin has potential to rise more than 20 times.

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