So are we in bullish times or Not?? | Bitcointalksearch.org

rexxarofmoknathal

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Quote from: South Park on March 08, 2020, 12:38:06 PM

Quote from: pawanjain on March 05, 2020, 09:04:12 AM

Things don't always go according to what we want, especially in the crypto market.
Crypto market always works on demand and supply. If there is a good reason for people to buy crypto then the demand will increase which will spike the bullish trend. Right now, the upcoming halving is a good reason and I think this is why BTC was raised to $10k.
May be people took profits and hence it had a fall in the price but I see bitcoin slowly recovering in price.
If we see more positive news in the market then may be the stability will increase and we may see more increase in bitcoin's price.

It does not seem to me the market is trending anymore, we are seeing some important movements but as soon as there is a movement in one direction it is immediately countered by a movement in the opposite direction, we had a few positive days and now we had two negative days that have basically evaporated any profits people had during the previous days, when the market is moving like this it is preferable to stay out of this if you are a swing trader but if you are a day trader these can be great conditions to trade since there is a lot of daily action you can use to your advantage.

In light of this original post being made days before the recent crypto market crush, it is fair to say that until today we were in a slow but somewhat progressive rise but given today's circumstances the opposite is true.

I do agree that no matter in which direction the market is heading the opposition/resistance follows almost immediately but the danger with that is that nobody knows exactly how strong these resistance points are. At the moment $8000 seems to be it, but because nobody knows when, or if it will go below that, people are still in the risk zone for both buying and selling, thus the market remains as indeterminate as ever!

Yamifoud

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Quote from: coinfinger on March 07, 2020, 01:32:03 PM

Not really, the market can’t go up without going down at a certain time. There are times the market will seem bullish and when it reaches a price it will drop back to a lower rate and it just continues like that. I’m only waiting for the 3rd Halving to take place on May, I guess on 12th or so, and that’s when the main bull run is likely to take place; likely because I am not hundred percent sure about it.

Can’t really wait till then to see what happens, it’s really been quite a long time since people were making their speculations about a bull run lol. So, back to what I was saying, there are times the market can be more of bullish and right now the market is back to being bullish as it has managed to get out from the $7000 fall and back up to $9,100.

I was amazed by how the market price uplifted to high but sorry because I'm not really convinced that we are finally in the bullish.
Though the price is already doubled when we compare last year but couldn't be enough to consider it. We are still below $10k and in myself, I still consider it as a normal price inclines not a bullish one.

The look of halving event are quite not that strong (for me) unlike of the previous halving. It was just a coincidence that we started great this year and it eventually dragging us to think that it is because of upcoming halving but I don't see any instances that may cause this one. To conclude, we are still not yet in the Bullrun but hopefully, it may happen this year.

South Park

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Quote from: pawanjain on March 05, 2020, 09:04:12 AM

Things don't always go according to what we want, especially in the crypto market.
Crypto market always works on demand and supply. If there is a good reason for people to buy crypto then the demand will increase which will spike the bullish trend. Right now, the upcoming halving is a good reason and I think this is why BTC was raised to $10k.
May be people took profits and hence it had a fall in the price but I see bitcoin slowly recovering in price.
If we see more positive news in the market then may be the stability will increase and we may see more increase in bitcoin's price.

It does not seem to me the market is trending anymore, we are seeing some important movements but as soon as there is a movement in one direction it is immediately countered by a movement in the opposite direction, we had a few positive days and now we had two negative days that have basically evaporated any profits people had during the previous days, when the market is moving like this it is preferable to stay out of this if you are a swing trader but if you are a day trader these can be great conditions to trade since there is a lot of daily action you can use to your advantage.

coinfinger

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Not really, the market can’t go up without going down at a certain time. There are times the market will seem bullish and when it reaches a price it will drop back to a lower rate and it just continues like that. I’m only waiting for the 3rd Halving to take place on May, I guess on 12th or so, and that’s when the main bull run is likely to take place; likely because I am not hundred percent sure about it.

Can’t really wait till then to see what happens, it’s really been quite a long time since people were making their speculations about a bull run lol. So, back to what I was saying, there are times the market can be more of bullish and right now the market is back to being bullish as it has managed to get out from the $7000 fall and back up to $9,100.

whyrqa

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Quote from: Ridwan Fauzi on March 05, 2020, 09:31:44 AM

Give me some expert who really expert who know what will happen in the future. I will ask them directly about bitcoin price and I believe they only use their prediction and you should know what the prediction means.

This is trading section, so you have to know on what the trading function to get an income. Actually, you can make your own analyst by yourself and you didn't need to have an expectation from someone's else prediction.

Just see the sentiment market, I mean you need to know the movement price by chart and you need to know through fundamental analyst as well to strengthen it. You will be tired if you just rely on someone else and follow what someone else did.

Several times I made impulsive decisions that were incorrect and which were provoked by various information on the network, as well as due to some statements by certain experts. Based on this, I realized that you should always weigh any information that is conveyed to you and you should not trust all experts who can express their opinion and nothing more, while not giving examples of any facts in support of their words.

Ridwan Fauzi

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Give me some expert who really expert who know what will happen in the future. I will ask them directly about bitcoin price and I believe they only use their prediction and you should know what the prediction means.

This is trading section, so you have to know on what the trading function to get an income. Actually, you can make your own analyst by yourself and you didn't need to have an expectation from someone's else prediction.

Just see the sentiment market, I mean you need to know the movement price by chart and you need to know through fundamental analyst as well to strengthen it. You will be tired if you just rely on someone else and follow what someone else did.

pawanjain

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Nothing lasts forever

Things don't always go according to what we want, especially in the crypto market.
Crypto market always works on demand and supply. If there is a good reason for people to buy crypto then the demand will increase which will spike the bullish trend. Right now, the upcoming halving is a good reason and I think this is why BTC was raised to $10k.
May be people took profits and hence it had a fall in the price but I see bitcoin slowly recovering in price.
If we see more positive news in the market then may be the stability will increase and we may see more increase in bitcoin's price.

RealMalatesta

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Triggering of the bull runs would not simply show you a sudden price growth. The prices might remain constant for few days which might even be followed by some minute dumps. Understanding the bullish trend is not usually a easier task and it needs a lot of market research before doing so.

Most of the people might just carry forward thoughts from some other experienced traders and might mention as their own research. You would need to study about the market conditions and the market history which might show you some symptoms of the bullish trend. Bull markets are on the verge to arrive but we would never be sure about the exact time we would trigger the bull runs. It is good to stick close to the graphs and keep on speculating some minute dumps and pumps.

Bezobraznike

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Quote from: shoreno on March 05, 2020, 04:57:01 AM

depends on what you think . look at the price of the coin that you like , if you think they show a good green , that could be enough to convince you that they are on bull but not all are showing a green anyway .

when we say market , that means all of the coin . my fave coin was btc and i can see that btc didnt pumped yet on its full potential so i can confidently say that btc isnt on its bullish state but it ist already on its normal state because the value are now back at 10k usd level .

I agree with you Shoreno, everything depends on where you stand and for what you are hoping. Some people see a few days of green
and they believe it's a bull run. In my opinion bull run is what happened in 2017. If we see another similar situation where Bitcoin price
will have a straight line to up, in just a month to get to $100k for example, that would be a bull run in my opinion.

shoreno

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depends on what you think . look at the price of the coin that you like , if you think they show a good green , that could be enough to convince you that they are on bull but not all are showing a green anyway .

when we say market , that means all of the coin . my fave coin was btc and i can see that btc didnt pumped yet on its full potential so i can confidently say that btc isnt on its bullish state but it ist already on its normal state because the value are now back at 10k usd level .

SquallLeonhart

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Quote from: Shasha80 on March 03, 2020, 04:20:07 PM

In my opinion now cryptocurrency has entered the bullish market, it can be seen its price movements from the end of the year 2019 until now.
There is a positive movement and the price of support is very strong, especially the fundamental analysis that I do shows its fundamental
bitcoin getting stronger. Even though the price of bitcoin is still under $ 9000, it doesn't mean that bitcoin returns to the bearish market,
we can't control it bitcoin price movements. My advice is to be patient just waiting for the price of bitcoin to rise again, sometimes the
price of bitcoin rises requires a moment right. And that can happen in a few weeks or even months. No one can guess it accurately.

I personally study the future price by calculating the support and resistance. Bitcoins are below $9000 at the current stage but they also have strong support level which would not make the price fall below $8000. If ever bitcoins fall below $8000 than we might expect a bearish trend for few months which would be followed by the bullish trend.

But, the price might soon cross $10,000 again which would be the start of the bull runs and many people would than considering buying bitcoins which would hit the all time high peak for bitcoins.

Even if we are in the bullish trend, we would still need a constant demand for bitcoins which would than keep on rising the price. For this demand, we need to introduce a number of people towards bitcoins and the benefits of investing into bitcoins.

South Park

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Quote from: Sadlife on March 01, 2020, 05:12:29 AM

I would say that bitcoin's future is hanging on the cliff right now, it is in the verge of breaking critical support and also the 200 daily moving average.
If bitcoin breaks this key level than our longed awaited bullish rally will be cancelled once more especially with the halving nearing and the price stays the same. We might see a lot of miners quit.

We had a small recovery and now bitcoin is trading at 8700 however it does not seem like we are going to move above 9000 soon and this may indicate that we may see a further decrease in the price during the next days, I will be really interested to see if the 8000 level can be held by the bulls, if not then any chance of a bull run before the halving will be completely gone and most likely the chances of a bull run just after the halving will be gone as well.

Shasha80

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In my opinion now cryptocurrency has entered the bullish market, it can be seen its price movements from the end of the year 2019 until now.
There is a positive movement and the price of support is very strong, especially the fundamental analysis that I do shows its fundamental
bitcoin getting stronger. Even though the price of bitcoin is still under $ 9000, it doesn't mean that bitcoin returns to the bearish market,
we can't control it bitcoin price movements. My advice is to be patient just waiting for the price of bitcoin to rise again, sometimes the
price of bitcoin rises requires a moment right. And that can happen in a few weeks or even months. No one can guess it accurately.

Inkdatar

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Quote from: Lecam on February 29, 2020, 11:58:20 PM

Quote from: Polo7 on February 25, 2020, 11:58:49 AM

There is news that 2020 is so good for bitcoin and bla h.. Blah.. Bla.

But btc still Low just 9k.

So all the crypto experts talking we are in bull market ;

So are in bull or Bear market what is the market situation?
If we are bullish then let.me see Green good Green!!

Id like to get Answer... Are bullisj or Not??

Id like to hear what the experts think about this?

Thank You!

Don't expect much for what you are seeing or what you are heard because every day many speculation that bitcoin will goes up. Much better to do is to wait and have patience because if you have patience you can more profits once bitcoin bullish. Be sensitive for what you heard or read don't believe to them just believe in your self.

It is given that many speculations about what price in bitcoin could reach this year. We already see bitcoin in down and uptrend so with this current market condition we have to be patient. True let's believe in ourselves but of course, we have to do research on our own and bullish time will just come in bitcoin.

wozzek23

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Quote from: LUCKMCFLY on March 01, 2020, 09:10:02 AM

It is brutal, maybe in the short term an upward path can occur, you must have nerves of steel to buy and hodl, honestly it is the best option to expect the very sure upward movement that will occur at any time.

After two days of down fall market in this week, today bitcoin market showed some positive edge. I believe into the concept of buying at every dips. This way the recent down fall from $10,400 levels to $8,200 levels must be a very good buying opportunity for anyone who want to buy and hold for years.

Currently the downfall conditions of market days are smaller in count than the number of days on which market is rising up. This must be the enough witness for anyone to conclude that bitcoin market is in its bullish times.

MWesterweele

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Quote from: hahay on March 01, 2020, 11:06:20 AM

Quote from: LUCKMCFLY on March 01, 2020, 09:10:02 AM

Markets are falling, perhaps the influence of the coronavirus, even gold has dropped in price, this undoubtedly indicates to many that the best option is to "sell" everything, but in all markets when such events occur, recovery It is brutal, maybe in the short term an upward path can occur, you must have nerves of steel to buy and hodl, honestly it is the best option to expect the very sure upward movement that will occur at any time.

Coronavirus is something that is very worrying for the world economy at this time, although I'm not sure the effect is so great on the crypto market because at the same time, ahead of halving bitcoin I feel that a big correction is indeed sure to happen and whatever is happening now I'm not sure there will be upward movement in the near future. Be patient and we don't need to panic to sell all the assets that have been championed so far, because this market still has a chance to reach the next ATH in the future.

Yes of course there's a time we encounter a pumping and dumping but if we have positive thought we can overcome all of it. Also we need to be ready all the time because we can experience a not good in the market. Patient is the one of the good way to overcome all not good happening in any aspect of crypto. And always be optimistic all the time it will help you a lot.

hahay

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Quote from: LUCKMCFLY on March 01, 2020, 09:10:02 AM

Markets are falling, perhaps the influence of the coronavirus, even gold has dropped in price, this undoubtedly indicates to many that the best option is to "sell" everything, but in all markets when such events occur, recovery It is brutal, maybe in the short term an upward path can occur, you must have nerves of steel to buy and hodl, honestly it is the best option to expect the very sure upward movement that will occur at any time.

Coronavirus is something that is very worrying for the world economy at this time, although I'm not sure the effect is so great on the crypto market because at the same time, ahead of halving bitcoin I feel that a big correction is indeed sure to happen and whatever is happening now I'm not sure there will be upward movement in the near future. Be patient and we don't need to panic to sell all the assets that have been championed so far, because this market still has a chance to reach the next ATH in the future.

LUCKMCFLY

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Markets are falling, perhaps the influence of the coronavirus, even gold has dropped in price, this undoubtedly indicates to many that the best option is to "sell" everything, but in all markets when such events occur, recovery It is brutal, maybe in the short term an upward path can occur, you must have nerves of steel to buy and hodl, honestly it is the best option to expect the very sure upward movement that will occur at any time.

Janation

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Quote from: michellee on March 01, 2020, 05:17:15 AM

Quote from: abel1337 on March 01, 2020, 04:51:17 AM

A bull run will come, We only need patience on ourselves.

Yes, we need to have optimism for the coming of the bull run. It will happen soon, and we don't have to worry, and all we can do is trying to survive until the bull run comes. We do not need to worry if the price still down because there is a time to see the price will start increasing, and that can be our time to make a profit again. We need to prepare for the bull run by buying more coins or checking our coins so we can get the complete data of our coins. Maybe the bull run will happen after bitcoin halving.

It is good to be optimistic but we should also be careful.

This week, we saw the price going back to 5-digits and just within a week, the price quickly fell back at $8K. If we will just rely on the current price we are seeing, we might lose since with a blink of an eye that could disappear. The bull run may happen or not, what we can do is just rely on the indications that the price chart is showing us.

Assface16678

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Quote from: michellee on March 01, 2020, 05:17:15 AM

Quote from: abel1337 on March 01, 2020, 04:51:17 AM

A bull run will come, We only need patience on ourselves.

Yes, we need to have optimism for the coming of the bull run. It will happen soon, and we don't have to worry, and all we can do is trying to survive until the bull run comes. We do not need to worry if the price still down because there is a time to see the price will start increasing, and that can be our time to make a profit again. We need to prepare for the bull run by buying more coins or checking our coins so we can get the complete data of our coins. Maybe the bull run will happen after bitcoin halving.

The bullish market is already come into the previous year of 2019 from the November up to December, and now we are experiencing the bearish market price that all of the market prices comes low value, not even the cryptocurrency because today there are a lot of articles and news that the world wide stock and many people today having a doubt about for investing the world trade market still as a user and investor there is a chance that the market price will bring back after the march because today there is a halving coming from the bitcoin. We wish that limiting the supply and stocks of the market will improve the total market price. During the halving we are looking forward to making more earning with the use of a bullish market because there is a chance it will bring back to normal if they do not decline the market changes.

Topic: So are we in bullish times or Not?? (Read 836 times)