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Topic: "RIP bear market" - page 3. (Read 594 times)

full member
Activity: 882
Merit: 126
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April 26, 2019, 01:27:33 PM
#33
For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018). I am an investor and a trader and I see bitcoin going up from now till 2021. If you doubt me see when I predicted the current bullish trend and said the bearish trend is over https://bitcointalksearch.org/topic/m.50368970
 Remember that if you did not know how this market work? This is not an advice to invest but for those that are an experienced traders,  I think we should buy early before the institutional investors jump in!  Happy bull market to all of us!
There will be a slight doubt on this from the recent slight decline on the price of bitcoin and other cryptos.
sr. member
Activity: 896
Merit: 267
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April 26, 2019, 12:58:30 PM
#32
I am still hoping that the bear market is already gone so we can move on in the new chapter of market where we can now earn huge income. Bull market is one of wish in this year because this thing will help my portfolio to recover again because there are still red in my portfolio and I really experience huge losses in that bear market. So, I'm so happy right now because the price of bitcoin is keep on going upward and maybe in the next few quarter it will go to the moon or mars.
hero member
Activity: 1274
Merit: 516
April 26, 2019, 08:54:41 AM
#31
I think the market keep showing a good and positive trend, recently the trend show a down trend but I think still a normal correction, the bear supposed to be over but the support is still weak at the moment so the market could easily slip away, but most of the recent moving are showing a bull run
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
April 26, 2019, 05:53:28 AM
#30
it seems to me that the bitcoin market is filled with a lot of naive people which is why we keep seeing a lot of people who get stuck in a certain trend and think that should be the only trend till the end of time!

the bear market is over and they should accept it.

if you look at this board and many other social media you can see all of those who are still stuck in the long gone trend and are excited today because there is a tiny 5% correction thinking they were right to be stuck in that trend Cheesy
hero member
Activity: 2814
Merit: 578
April 26, 2019, 05:02:45 AM
#29
I'm with you as well to see this bear market end as soon as possible. But same sentiment with buwaytress that I doubt the signs as well. Together, we all want to see this bear to be stomped by the bull soon but still it is existing and we can't say immediately that it's totally out of the market. At least I can say that this is an extension for accumulation period and anyone who haven't ride the boat, start picking up your own bitcoin under your stash.
Bull markets are always more fun than bear markets for the average person unless you have the ability to get short positions or something along those lines. I can't say that I'm unhappy with the current bull trend, I just hope that it retains most of its steam for the next few weeks. Maybe I should go through all the wallets I still have stashed away so that I can figure out whether it's worth topping up my balance while it's cheap. I don't think we'll see another run to 10x the price, but I won't complain if we do.
See for yourself and check if its worth to top up but for me, it's always worth it to do the right thing like buying the dip. We are still in the bear market and there's an ongoing drama with bitfinex and tether issue.

This made the market in bloodbath again or this scenario can also trigger to fuel a little bit higher comeback few weeks from now.
sr. member
Activity: 672
Merit: 251
April 26, 2019, 04:58:25 AM
#28
I am also as optimistic as you. This is what I guess also that in May or even before it, we might get the bullish trend we wanted. Although there were no sign of an uptrend yet but it will have, we just need to wait.
I think we should buy early before the institutional investors jump in!  Happy bull market to all of us!
I thought so too we should be buying bitcoin now or we'll be left out.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
April 26, 2019, 04:32:52 AM
#27
For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market ~~

Candidly speaking, the fact that the market is more stable; makes me to succumb to your prediction, as you have already stated in your post. Rather than see another Bull run now, we are experiencing a stable market price which will trigger a bull run in a know distance time from now. Bear market has already be made "Rest in Peace" as we await the bull-run. Am happy to see the market in good state. Have just kick your ass up buddy.
legendary
Activity: 2632
Merit: 1094
April 26, 2019, 04:09:46 AM
#26
The bear market trend still continues and I don't see any positive trends in the price. BTC drops by 2% almost everyday and ETH price along with it keeps showing a similar fall. As a trader, I don't feel like buying any coins right now and even on exchanges, there are more sell orders than buy ones.
I did not know how you arrived at you analysis on the current market conditions but it is open for all to see that since the beginning of this month bitcoin and others cryptocurrencies has been in the upward trend!  Both the technical and fundamentals indicators are pointing towards bull trend and are you saying, that the grow that started in December 2018 from $3150 to now $5269 is not and end to a particular patterns?  However,  this is just a personal views and maybe you will educate us more on how you think bitcoin and ethereum keep losing 2% daily sir.  Thank.

My views are based on this chart: https://coinmarketcap.com/currencies/bitcoin/#charts

As I can see, the price in Nov 2018 was $6k and now it's $5k and it has been stable rather than being a bullish trend. The same trend was seen in 2014-2016 where we could see BTC rise from $200 to $300. From Dec 2017, the market has only gone down and even if we see a slight rise, it goes back to where it started from. Few days back people expected it to reach $6k but I don't see it happening anytime soon. I wouldn't buy or sell bitcoins when this market is not stable. Prefer holding for now.
full member
Activity: 2128
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April 26, 2019, 04:00:03 AM
#25
The bear market trend still continues and I don't see any positive trends in the price. BTC drops by 2% almost everyday and ETH price along with it keeps showing a similar fall. As a trader, I don't feel like buying any coins right now and even on exchanges, there are more sell orders than buy ones.
That can be consider a bear trend again because the price last month compare right now is very low and this April the bull has started though its not high but at least we did a great price this Month. Trader should know this as a small correction and not a bear trend again, buying at a cheaper price is the best option for a trader, try to look f or more coins.
sr. member
Activity: 882
Merit: 282
April 26, 2019, 03:11:03 AM
#24
The bear market trend still continues and I don't see any positive trends in the price. BTC drops by 2% almost everyday and ETH price along with it keeps showing a similar fall. As a trader, I don't feel like buying any coins right now and even on exchanges, there are more sell orders than buy ones.
I did not know how you arrived at you analysis on the current market conditions but it is open for all to see that since the beginning of this month bitcoin and others cryptocurrencies has been in the upward trend!  Both the technical and fundamentals indicators are pointing towards bull trend and are you saying, that the grow that started in December 2018 from $3150 to now $5269 is not and end to a particular patterns?  However,  this is just a personal views and maybe you will educate us more on how you think bitcoin and ethereum keep losing 2% daily sir.  Thank.
legendary
Activity: 2632
Merit: 1094
April 26, 2019, 02:38:48 AM
#23
The bear market trend still continues and I don't see any positive trends in the price. BTC drops by 2% almost everyday and ETH price along with it keeps showing a similar fall. As a trader, I don't feel like buying any coins right now and even on exchanges, there are more sell orders than buy ones.
full member
Activity: 1134
Merit: 103
April 26, 2019, 02:17:03 AM
#22
bearish trend has been over for months now, it is just that because we had more than a year of drops (the bear market) now people are having a hard time accepting its end just like many had a hard time accepting the end of the bull market by the end of 2017 and was still expecting continued rise.
and now we are right in between. this is not a bear market anymore but it still is not a bull market either. we are switching trends and that takes time. for now we will see small rises like this that take a long time and then slowly everyone accepts the change and stops expecting drops that will never happen so the rises can speed up like before.
In fact, I think we are currently experiencing a fairly stable phase, the decline in prices that occurred during these 2 days cannot be used as a reference. it is evident from the increase in prices in the market. the point is that we cannot expect prices to continue to increase because in one time there will be a decline and vice versa.

You are right, now the prices of the altcoin are in completely decline situation from the past month which they have lost their value once the price of Bitcoin starts increasing. So we should wait for the altcoin to follow along with the Bitcoin and we should not consider it is end of the Bear market.
legendary
Activity: 1414
Merit: 1001
April 26, 2019, 01:44:05 AM
#21
bearish trend has been over for months now, it is just that because we had more than a year of drops (the bear market) now people are having a hard time accepting its end just like many had a hard time accepting the end of the bull market by the end of 2017 and was still expecting continued rise.
and now we are right in between. this is not a bear market anymore but it still is not a bull market either. we are switching trends and that takes time. for now we will see small rises like this that take a long time and then slowly everyone accepts the change and stops expecting drops that will never happen so the rises can speed up like before.
In fact, I think we are currently experiencing a fairly stable phase, the decline in prices that occurred during these 2 days cannot be used as a reference. it is evident from the increase in prices in the market. the point is that we cannot expect prices to continue to increase because in one time there will be a decline and vice versa.
full member
Activity: 714
Merit: 114
April 26, 2019, 01:13:30 AM
#20
Bull markets are always more fun than bear markets for the average person

thats not true meyt . im an average person but i feel more happy seeing the price increase than seeing the price going down . average person are the kind of people that are not wealthy  . these are the people that are not classified as investor . they are only working hard online to earn a crypto and they'v always pray that the price will rise more often so that they can earn more income  .

Quote
Re: "RIP bear market"

bear market did happen earlier  . we cant say that its dead just because the price recovered quickly  . bears are there and can occur at all times  ,
legendary
Activity: 3472
Merit: 10611
April 26, 2019, 01:12:16 AM
#19
bearish trend has been over for months now, it is just that because we had more than a year of drops (the bear market) now people are having a hard time accepting its end just like many had a hard time accepting the end of the bull market by the end of 2017 and was still expecting continued rise.
and now we are right in between. this is not a bear market anymore but it still is not a bull market either. we are switching trends and that takes time. for now we will see small rises like this that take a long time and then slowly everyone accepts the change and stops expecting drops that will never happen so the rises can speed up like before.
hero member
Activity: 2912
Merit: 674
April 25, 2019, 11:58:22 PM
#18

But unfortunately, the price quickly dragging now in just an hour.

It happened and I was surprise with that, but good things are really in the market as even if it will dump, the bull are still here to save us.
Bitcoin price recovered quickly, as quick as it was dump.

Based on Binance,  BTC/USDT trading pairs, the low was $5102, but not it's trading again at $5348,

you can look at the graph here, there's a big action today, https://www.binance.com/en/trade/BTC_USDT
full member
Activity: 938
Merit: 105
April 25, 2019, 10:29:38 PM
#17
I'm with you as well to see this bear market end as soon as possible. But same sentiment with buwaytress that I doubt the signs as well. Together, we all want to see this bear to be stomped by the bull soon but still it is existing and we can't say immediately that it's totally out of the market. At least I can say that this is an extension for accumulation period and anyone who haven't ride the boat, start picking up your own bitcoin under your stash.
Bull markets are always more fun than bear markets for the average person unless you have the ability to get short positions or something along those lines. I can't say that I'm unhappy with the current bull trend, I just hope that it retains most of its steam for the next few weeks. Maybe I should go through all the wallets I still have stashed away so that I can figure out whether it's worth topping up my balance while it's cheap. I don't think we'll see another run to 10x the price, but I won't complain if we do.
But unfortunately, the price quickly dragging now in just an hour. It seems like we are waiting again to become skyrocket and having market resistance. It would be profitable if right at this moment we purchase and bag more bitcoin as much as we can and fulfill our wallet. However, the majority of holders now only wanted the price goes up and I think on this small correction will begin to ignite and having skyrocket one of these days.
legendary
Activity: 3080
Merit: 1353
April 25, 2019, 10:19:51 PM
#16
For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018).

....And 2 hours later, the price dumps $500. Classic! Cheesy


And just like that the price falls to $5100 levels right now. I think there is some panic selling right now. I read that NY Attorney General sues Bitfinex and Tether to unearth “fraud being carried out” by the firms. So we are sort in the panic mode right now, the question is, can the bulls still maintained their position or would suddenly bailed out as well? So it's going to be interesting, I'm seeing a strong support at $4950 but who knows.We have been slowly gaining the last two months so this could be the first week that we are going to end this week in red.
legendary
Activity: 1218
Merit: 1007
April 25, 2019, 08:15:54 PM
#15
I'm with you as well to see this bear market end as soon as possible. But same sentiment with buwaytress that I doubt the signs as well. Together, we all want to see this bear to be stomped by the bull soon but still it is existing and we can't say immediately that it's totally out of the market. At least I can say that this is an extension for accumulation period and anyone who haven't ride the boat, start picking up your own bitcoin under your stash.
Bull markets are always more fun than bear markets for the average person unless you have the ability to get short positions or something along those lines. I can't say that I'm unhappy with the current bull trend, I just hope that it retains most of its steam for the next few weeks. Maybe I should go through all the wallets I still have stashed away so that I can figure out whether it's worth topping up my balance while it's cheap. I don't think we'll see another run to 10x the price, but I won't complain if we do.
member
Activity: 476
Merit: 12
April 25, 2019, 07:56:59 PM
#14
All of us are waiting for the bull market we all witnesess the dominance of bitcoin in december 2017 bull run we analysis the price flow of bitcoin and Yes I agree to you that bearish are gone now we already in new chapter of bitcoin price the 2020 halving will be a big impact for bitcoin price.
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