"RIP bear market" | Bitcointalksearch.org

TopT3ns

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Quote from: btc_angela on April 29, 2019, 10:00:05 PM

Quote from: Bagaji on April 29, 2019, 06:36:19 PM

I don't believe your prediction that Bitcoin will continue to grow from now till 2021 without any serious decline. As we are seeing an upward trend so also we shall see decline in the Bitcoin in between the period that you speculate above.

Of course, we don' see the price goes on a uptrend without any decline because we need to book profits sometimes. But the good thing is that investors are smarter now, and not really bothered by FUD or bad news, (tether + Bitfinex controversial). It may decline a couple hundred of dollars but it will bounce back because we have entered the bullish cycle already.

Decline will always happen, because that is nature from bitcoin and other crypto that it is volatile. And i agree with you, for now investors not really affected by bad news or FUD that come, because they are believe with their investment.

arpon11

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Quote from: btc_angela on April 29, 2019, 10:00:05 PM

Quote from: Bagaji on April 29, 2019, 06:36:19 PM

I don't believe your prediction that Bitcoin will continue to grow from now till 2021 without any serious decline. As we are seeing an upward trend so also we shall see decline in the Bitcoin in between the period that you speculate above.

Of course, we don' see the price goes on a uptrend without any decline because we need to book profits sometimes. But the good thing is that investors are smarter now, and not really bothered by FUD or bad news, (tether + Bitfinex controversial). It may decline a couple hundred of dollars but it will bounce back because we have entered the bullish cycle already.

The bearish trend that commenced in December 2017 has ended when bitcoin went down to $3150 trading area in December 2018. If you are waiting for the bearish trend to continue you will be disappointed. I think we are done with bearish trend for now.

I did not said we are not going to have little corrections along the way and decline is not going to happen but it is not going to be a downward trend again but it will be bullish trend . Traders must takes profit along the way and that is what we are seeing happening now!

btc_angela

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Quote from: Bagaji on April 29, 2019, 06:36:19 PM

I don't believe your prediction that Bitcoin will continue to grow from now till 2021 without any serious decline. As we are seeing an upward trend so also we shall see decline in the Bitcoin in between the period that you speculate above.

Of course, we don' see the price goes on a uptrend without any decline because we need to book profits sometimes. But the good thing is that investors are smarter now, and not really bothered by FUD or bad news, (tether + Bitfinex controversial). It may decline a couple hundred of dollars but it will bounce back because we have entered the bullish cycle already.

iqlimasyadiqa

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Quote from: creeps on April 28, 2019, 05:51:52 PM

Quote from: Shinpako09 on April 28, 2019, 05:08:39 PM

Although it looks that it's too early to say it, btc is really showing resistance in $5k. Maybe if we reached $6k and never fall down into less than $5k, I guess we already got out of bear market. As of now, resistance in $5k has been on test so you shouldn't put down your guard and don't be overwhelmed.

The resistance is on $5600 level and i think we can break that one out in the market and stop the sentiment about bear market. It’s too early to confirm the bull but we must have patience as we continue to struggle going up. Bear should be totally stopped now and let’s move on for the up trend of the market.

the trend must be changed immediately and it depends on all of us, because when we can support and maintain the price of bitcoin then it can make price stability. it is very possible for us to make a boundary, so we all have to work together in maintaining the price of bitcoin. this is indeed a difficult thing, but when we fight together we can make bitcoin much stronger.

Bagaji

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I don't believe your prediction that Bitcoin will continue to grow from now till 2021 without any serious decline. As we are seeing an upward trend so also we shall see decline in the Bitcoin in between the period that you speculate above.

STT

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Some doom and gloom porn I spotted on trading view, flawless logic clearly Cheesy

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Theres clearly more work to do in BTC pricing but this might be reading a little too much into it. Also never consider one price is isolation to others, Dollar is not an especially hard currency at present. To put that in a completely obvious context, the Venezuelan bolívar currency shows no decline for BTC when quoted on that country's exchange. The obvious reason being BTC is not undermined by inflation like the Bolivar suffers, similarly dollar has its own problems, Yen has its problems, Euro certainly and every major reserve FIAT currency has a decline in value ongoing this year and every year for decades forward most likely.
Merely expecting BTC to decline without considering a wider picture in contrast is wrong from the start. Who or what currency gains while major currencies decline in value is an open question

wuvdoll

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if we can move that support line once again above 5800+ and we can resurrect those miners who have stopped their operation after bitcoin went down under and reach back on that same difficult it would make so much support for us that it would insanely resolve all "will it go back down!!" issues.

Think about it, both support there to keep price not going down and miners there to selling at least above those prices would create some sort of cushion for bitcoin and it means the only way is up if it can't go down than it can either stay same or go up and that means it can stay same for a while but eventually has to go up. Of course, some whale could come up and sell about 10k bitcoin all in one trade and destroy bitcoin price like Craig did but what are the odds of that happening twice Cheesy

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bitcoin31

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Quote from: Shinpako09 on April 28, 2019, 05:08:39 PM

Although it looks that it's too early to say it, btc is really showing resistance in $5k. Maybe if we reached $6k and never fall down into less than $5k, I guess we already got out of bear market. As of now, resistance in $5k has been on test so you shouldn't put down your guard and don't be overwhelmed.

The strong foundation of the bitcoin now is $5000 but we want to make sure so we need to reach the value of $6000 first for the bitcoin so we can make sure the bull run. But for me I think we are now in the bull run only need some push to increase more and convince other people to invest again.

Japinat

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Quote from: creeps on April 28, 2019, 05:51:52 PM

Quote from: Shinpako09 on April 28, 2019, 05:08:39 PM

Although it looks that it's too early to say it, btc is really showing resistance in $5k. Maybe if we reached $6k and never fall down into less than $5k, I guess we already got out of bear market. As of now, resistance in $5k has been on test so you shouldn't put down your guard and don't be overwhelmed.

The resistance is on $5600 level and i think we can break that one out in the market and stop the sentiment about bear market. It’s too early to confirm the bull but we must have patience as we continue to struggle going up. Bear should be totally stopped now and let’s move on for the up trend of the market.

I believe we will break that soon, as long as the price will not dump below $5,000, there is a huge chance.
Bitcoin is getting more investments now due to its good performance, so it's more likely that we will cross $6,000 anytime soon.
Market remains unpredictable, so I would not be surprise if one day it will start to pump again.

olumyd

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Not sure I see strong fundamentals for the next bull if relying on institutions. Given that bakkt has been on an impasse for several months, largely due to inefficient custody infrastructure, modeling to other players looking to join the space to observe all required diligence, so it's not pretty on that end.

However, on the trading side of things, the golden cross for Bitcoin's trend is an entirely different story with new factors of mass accumulation and all, coupled with the next scheduled halving. I would say the bull is just round the corner.

freedomno1

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I feel its thawing, that said if a few freak snowstorms pass by before the spring comes that would not surprise me in the slightest Cool

creeps

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Quote from: Shinpako09 on April 28, 2019, 05:08:39 PM

Although it looks that it's too early to say it, btc is really showing resistance in $5k. Maybe if we reached $6k and never fall down into less than $5k, I guess we already got out of bear market. As of now, resistance in $5k has been on test so you shouldn't put down your guard and don't be overwhelmed.

The resistance is on $5600 level and i think we can break that one out in the market and stop the sentiment about bear market. It’s too early to confirm the bull but we must have patience as we continue to struggle going up. Bear should be totally stopped now and let’s move on for the up trend of the market.

Shinpako09

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Although it looks that it's too early to say it, btc is really showing resistance in $5k. Maybe if we reached $6k and never fall down into less than $5k, I guess we already got out of bear market. As of now, resistance in $5k has been on test so you shouldn't put down your guard and don't be overwhelmed.

JohnBitCo

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Quote from: BitcoinPanther on April 28, 2019, 09:33:12 AM

Signs of bullish market is obvious but it is yet too early saying goodbye to bear market. There is always a possibility that the market sentiment may turn 180 degree but i guess it is too slim since the market seems fine after the Bitfinex and tether issue. But for now I think accumulating BTC is not a bad idea. Better grab some before the bull starts rampaging.

There are very few chances that bitcoin can go below 4500$ or less. If anyone want to buy bitcoin, he should buy it now. Thinking it will come down is a big risk because market is positive about bitcoins. Bitcoin price is above 5000$ for few weeks now and I will now try to break the 6000$ resistance.

BitcoinPanther

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Signs of bullish market is obvious but it is yet too early saying goodbye to bear market. There is always a possibility that the market sentiment may turn 180 degree but i guess it is too slim since the market seems fine after the Bitfinex and tether issue. But for now I think accumulating BTC is not a bad idea. Better grab some before the bull starts rampaging.

onrise

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Quote from: BeGoods on April 28, 2019, 07:49:46 AM

Quote from: samycoin on April 27, 2019, 05:52:07 PM

I'm in for bull market but we don't need to expect to much because as we can see the market is starting to recovery from bearish so grab the opportunity now that we can afford to buy. Just manage well your asset and more patience.

I will not say its already end, I think bearish is not dead yet. Prices still declined yesterday, and if the bull run occurs, of course the
decline will not be that deep, and of course the increase will be far more frequent than now

Bull market has now come and should continue for some time before we set into that dent like 2018 where market just kept on falling and people did lose out lot of money of their invested amount. So be cautious as well sometimes in order to make money.

BeGoods

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Quote from: samycoin on April 27, 2019, 05:52:07 PM

I'm in for bull market but we don't need to expect to much because as we can see the market is starting to recovery from bearish so grab the opportunity now that we can afford to buy. Just manage well your asset and more patience.

I will not say its already end, I think bearish is not dead yet. Prices still declined yesterday, and if the bull run occurs, of course the
decline will not be that deep, and of course the increase will be far more frequent than now

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Quote from: Distinctin on April 27, 2019, 07:44:24 AM

There is a big possibility that the bear market is officially over, when it's true we can consider this moment now a good time to accumulate
before the big run will happen, it happens in the past, we should not commit the same mistakes again.

I don't want to see people saying I wish I bought when the price was still low, or I was bitcoin will dump so I can buy cheap.
That's stupid, we should be smart in order to succeed here, and when people are fearing the market, that's the time to take advantage.

Always buy the dip and sell the peak if you can.

Duh,,, of course if anyone could we would buy the dip and sell the peak. The whole point is that it is impossible even for experts to identify this, which makes it so tough to make any call. Big possibility for a bear market being over? How do we even know that? And you know big possibility does not mean anything. Even 99% chance as they say can and will fail. All this talk is easy but to translate to reality is the impossible bit.

imstillthebest

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Quote from: talkbitcoin on April 28, 2019, 05:35:48 AM

a correction and price going down (like what has been happening in the past couple of days) does not mean it is a "bear market" it simply means it is a correction because of the fast and big rise that we had before that "drop" began.

What i know is that the decline in the price , the bear market and the correction are all the same ? Last year up until this year , the bear market is present but after we hit the month of march and april the price suddenly increase . it was a big increase because from the stsrting price of 3kusd the increase reach 5k usd . its obvious that bear market is over but there is still a posibilty that a bear market can occur again on the future .

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Quote from: bitbunnny on April 28, 2019, 03:15:14 AM

Quote from: Adriano2010 on April 27, 2019, 10:07:46 PM

I also think the bear market has ended, and i think the price will continue have small grow all over the year and also i think we can have a bull run before next year bitcoin halving.

I couldn't fuly agree. The price rise isn't showing continuous growth and there are always possibilities for corrections and price could go down again. For me this isn't a bull run yet and Bitcoin price still hasn't crossed the boundaries where we can say that bear market is definetely over.

a correction and price going down (like what has been happening in the past couple of days) does not mean it is a "bear market" it simply means it is a correction because of the fast and big rise that we had before that "drop" began.

Topic: "RIP bear market" (Read 591 times)