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Topic: Seems to me Bitcoin is getting over the bear sh*t (Read 689 times)

member
Activity: 980
Merit: 62
The last two days we are experiencing some encouraging news in the price of Bitcoin.
I am very happy about this upward trend and I think that if we break the 4k resistance then we can talk about a full recovery in the cryptocurrency market till the end of 2019. Q1 is very crucial and it will give us many signs about it.
jr. member
Activity: 140
Merit: 2
2019 year can be significant for some extend and this will be the year that it will get over the bearish situation because Bitcoin is progressing with adoption than last year but we wouldn't see a significant bull run because due to the last price decline some investors are hesitant to invest in bitcoin than the past due to the unpredictability but I hope this situation will change with time because there is a trend increasing companies are trying to combine crypto with there core payment processes to gain more money targeting cryptocurrency holders which can be beneficial for Bitcoin to recover at least to a considerable level
hero member
Activity: 1246
Merit: 529
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It's hard to say the bear market is leaving, the rising is still too small to be consider as bull, many experts predicted from the chart said that the bear will still on going, the price 3k is not a good support price, it got the possibility of falling down lower before going up

There are two opposite views on this

Following which you can come to very different, even antagonistic conclusions. According to the first view, prices are set explode (or implode) sooner or later as it has always happened in the past. So technically, we should be counting down the days until it actually happens. On the other hand, the second view suggests that it may not in fact be the case and our counting should actually be in the opposite direction as the longer prices remain stable the more people expect them to be stable in the future

Well i think basing it from what happened in the past don't cut it anymore. 2018 broke several historical patterns and there's no reason not to believe that 2019 will also do the same. Though we're neither in the bear or the bull market it seems. Things are pretty stagnant between the 3.5 to 3.6k level.
legendary
Activity: 3514
Merit: 1280
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It's hard to say the bear market is leaving, the rising is still too small to be consider as bull, many experts predicted from the chart said that the bear will still on going, the price 3k is not a good support price, it got the possibility of falling down lower before going up

There are two opposite views on this

Following which you can come to very different, even antagonistic conclusions. According to the first view, prices are set explode (or implode) sooner or later as it has always happened in the past. So technically, we should be counting down the days until it actually happens. On the other hand, the second view suggests that it may not in fact be the case and our counting should actually be in the opposite direction as the longer prices remain stable the more people expect them to be stable in the future
hero member
Activity: 1092
Merit: 523
We will never get over this bear sh*t because it is the nature of the trading world. No matter what we are talking about, no matter how secure and guaranteed it looks when a trading item is allowed to be traded by the public it has ups and downs, even the most secure bank interest sometimes gets bankrupted and people have to go to lawyers and sue companies and wait for government to dissolve and sell stuff of that bank just to pay the people back. Hence, there is absolutely no way of knowing what type of market we will be in at any given time.

Yes, we might start to go up but also we can then go back down, we will always go down no matter how many times we go up. We may reach 50k one day and then drop under 10k again, bear will never leave. Thankfully tough same applies to bull as well.
legendary
Activity: 1666
Merit: 1001
It's hard to say the bear market is leaving, the rising is still too small to be consider as bull, many experts predicted from the chart said that the bear will still on going, the price 3k is not a good support price, it got the possibility of falling down lower before going up
hero member
Activity: 1008
Merit: 501
Now the price of Bitcoin is at a very critical point and it is very difficult to decide between the possibility of going down and up. I think, it will attract new investors to Bitcoin some new news and developments are needed, I hope it will come soon.
Yeah the price hasn't seen a significant change, prices are up and down still in a small margin. but honestly I would not call it a critical position because the price occasionally increases even though it is small, maybe we will experience a high increase if some positive aspects come like trends and issues, and this year certainly positive issues will come, just wait!

But isn't it a good time to accumulate?

We're not in the critical position right now because the price seems to be stable @$3600 and there's no indication of an incoming drop.

But the bear still on the top of the market and we need to break those mental barriers like @$4k to be able to see some semblance of a bull run.
Thats hy I said we haven't reached a critical point yet, if possible the price could rise to $4k or $5k maybe a critical position could be there, because it would be a move between bearish to bullish, because basically people need a shock like price rise so they can back to buying bitcoin again
copper member
Activity: 2968
Merit: 575
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Can we stop with this bear and bull run thing already? If we are going to have a rise in price (bull run), it will happen on its own eventually. If the price starts to fall (bearish), then all we can do is just deal with it and let it happen. Keeping on discussing about it does not help the price to rise or fall in anyway. It rather creates confusion among newbies.
hero member
Activity: 1820
Merit: 515
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Bitcoin has been in a state of minor fluctuations. After a long the price crossed $3500 unexpected. The same is predicted to grow further, but at present it is on the urge to reach $3700 at the shortest. I believe, there is no more deep fall in value as the market is gaining resistance for a forward push.
But didn't get any news to make that orward push so market is staying at the same level just below $3700 range and I hope there will be something happening to make the prices increase and will result in bull run.
sr. member
Activity: 1330
Merit: 291
The market is over bought and has made not to even react to most of this FUD in recent but very soon we will begin to withness and upward trend with the look of things that are happening around the crypto currency market.
legendary
Activity: 2968
Merit: 3684
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Wish we would also just stop saying or even blaming all these events. And yeah, be nice to stop blaming "the media" too. Gotta admit, with all the recycling of old news, with all the FUD, and all the "fake news" and urgent reporting on scams hacks and all manner of skullduggery, we're enjoying low Bitcoin prices for a long time.

Would never have got my target last year (in holdings) if not for that.
hero member
Activity: 2310
Merit: 532
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Bitcoin has been in a state of minor fluctuations. After a long the price crossed $3500 unexpected. The same is predicted to grow further, but at present it is on the urge to reach $3700 at the shortest. I believe, there is no more deep fall in value as the market is gaining resistance for a forward push.
hero member
Activity: 1302
Merit: 540
I don't know but for me I don't feel it yet. Maybe the bearish seems over but bullish isn't showing off that's why I don't feel it yet. As of now I don't feel 2019 as a bullish year and that's fine for me because I was expecting it. For me bull run will happen again after halving that's why I'm not hoping for 2019.
Setting up expectations will lead you for a much better mindsets, if bull isn't coming this year hopefully bear stop to pull the price down, we knew that things will be okay and bounce will happen real soon, we just have to always be ready so we will have a much better outlook for incoming years.

A goal oriented investors will stay positive, waiting for good bounce back will bring good benefits to our investment.
hero member
Activity: 1148
Merit: 523
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I don't know but for me I don't feel it yet. Maybe the bearish seems over but bullish isn't showing off that's why I don't feel it yet. As of now I don't feel 2019 as a bullish year and that's fine for me because I was expecting it. For me bull run will happen again after halving that's why I'm not hoping for 2019.
This year little dump and pump was happened in the market so many of them feeling good. Because too drop was not happened yet. But bullish trend will possible on after second quadrant so keep buying and holding the Bitcoin is the good decision so we should not take care of bearish shit .  We should buying the more Bitcoin in every day automatically it will happen.
legendary
Activity: 2058
Merit: 1015
I don't know but for me I don't feel it yet. Maybe the bearish seems over but bullish isn't showing off that's why I don't feel it yet. As of now I don't feel 2019 as a bullish year and that's fine for me because I was expecting it. For me bull run will happen again after halving that's why I'm not hoping for 2019.
hero member
Activity: 2842
Merit: 772
Now the price of Bitcoin is at a very critical point and it is very difficult to decide between the possibility of going down and up. I think, it will attract new investors to Bitcoin some new news and developments are needed, I hope it will come soon.
Yeah the price hasn't seen a significant change, prices are up and down still in a small margin. but honestly I would not call it a critical position because the price occasionally increases even though it is small, maybe we will experience a high increase if some positive aspects come like trends and issues, and this year certainly positive issues will come, just wait!

But isn't it a good time to accumulate?

We're not in the critical position right now because the price seems to be stable @$3600 and there's no indication of an incoming drop.

But the bear still on the top of the market and we need to break those mental barriers like @$4k to be able to see some semblance of a bull run.
hero member
Activity: 1008
Merit: 501
Now the price of Bitcoin is at a very critical point and it is very difficult to decide between the possibility of going down and up. I think, it will attract new investors to Bitcoin some new news and developments are needed, I hope it will come soon.
Yeah the price hasn't seen a significant change, prices are up and down still in a small margin. but honestly I would not call it a critical position because the price occasionally increases even though it is small, maybe we will experience a high increase if some positive aspects come like trends and issues, and this year certainly positive issues will come, just wait!
full member
Activity: 714
Merit: 114
Sadly, the bear market will still remain because of the price correction that is still happening.

Bear market and price correction are both the same because they indicate a price fall .   speaking of bear , the bear is now slowly replaced by a price increase but idk yet if this increase would continue until the end of the month but if it is,  then the price can easily break out into 4kusd which can probably lead to a new bull run  

We should just wait because I am sure that the bull market will occur before the year will end. Just be calm and be positive on whats happening in the market.

Right . patience is the key here to stay in the game as we all know that bull is verry slow moving when compared to bear  but if ever the bull will be delayed  . im sure that 2020 can be a good year due to the incoming halving .
sr. member
Activity: 882
Merit: 269
The market is trying to get over the bearish trend but it seemed the recovery is very slow because of the long term bearish that has scare many new investors away.  I think it is almost over for the bear as many people are not ready to sell below $3000.
legendary
Activity: 1526
Merit: 1179
One has to be a geek and true believer of the underlying tech to not give a damn about what's happening right now. The rest pays attention to the $$ value of their portfolio, which is all good considering that most people are here for the profits.
I know that whenever I think the next bull run has peaked, I will open a short and let it open till I am comfortable closing it. I was thinking about doing it when it was over $6000, but the strong support made me not do it.

In hindsight it's a bad decision, but what if I did short and the price pumped significantly? It would be a bad decision as well, so you have to pull the trigger at some point and accept every possible outcome.

It feels much better for people knowing that if the price continues to plummet, they earn more BTC off their short, and from there keep adding value to your overall position. No one here can honestly say that they don't care....
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