Topic: Seems to me Bitcoin is getting over the bear sh*t - page 5. (Read 689 times)

with the ongoing conditions like this, I think it will take years for the market to recover, even some good news is not enough to increase public confidence in crypto. It's clear right now, this is like what happened in the previous year, and the proof is that the market never recovered

I agree. Bitcoin  always acted in an unpredictable way.
It's in a strong support now... But it may still go deeper. For Everytime it goes even deeper down the chances of going up increase. Let's wait, bitcoin will fight back.

Bitcoin hasn't even yet gotten over $3500 and we want it to get over the bearish market that is a futile hope.
All the event that you mentioned has not impacted on the market positively to predict a bull run

There is no assurance that after 6 months the price of bitcoin will boom and just keep on waiting guys because maybe in this year we can see another bull run. Stay calm and keep supporting bitcoin until the price rise up and so we can gain high income like what happen in the year of 2017.

interesting list you have gathered here. i didn't even notice most of these things here! but i usually don't follow the drama specially when the media is filled with a lot of negativity towards bitcoin.

the reason why market is not responding to the FUDs is mainly because the price is over dumped. it may not look like it now but bitcoin value at this point is a lot higher than $3500 which is why it is becoming increasingly difficult to dump it any more.

It's to early to tell , I share the same sentiment but got burnt plenty of times before ,  I think/hope in the next 2 months price will start going upwards.

A bit of patience my friend. Bitcoin always goes through phases lile this when everybody is near suicidal.
The price wilp definitely pick up in around 6 months.

Relax.

Although I'm not one who much attention to price prediction these days because I have got my fingers burnt more than twice following price prediction signal channels on telegram.
But from my little experience, I agree that the bearish market maybe having it's last breath.
Hopefully, we see bull run soon.

Pardon my language friends. Just that the market sentiments have got all of us emotional. Now I am no expert or technical analyst but i have noticed one thing and I'm sure most of you have also gotten that.

There were some big news and happenings that could've dragged the price way down but they didn't, tho we took a hit but not as many expected.

-VanEck ETF was withdrawn and market was quite like the cemetery. No response
- Nouriel Roubini did his thing again at the economic forum and previously after doing that, the market doesn't take long to respond downstream but this time it delayed.
- Craig Wright also sid his thing same as the last time we consolidated and he earned insults instead this time
- WhaleAlert tweeted big movement of BTC in millions to exchanges and i saw many shouting dump dump dumo but it seems the response wasn't that hard.
-So called Technical Analysts also started drawing bearish charts and I've seen some of them redrawing today
-Amd as usual, the media never stop doing their thing (Spreading FUD) and some reposting old posts to make them new.

In all, I can say that the drop in the last 24-48 hours could've been scary but it got a support.

Maybe some good news are incoming, we can't be sure for now but in general i was happy for the last 24 hours. Let's see what the coming weeks also have for us.