how can you call Bullish when the day of posting this thread is the market is suffering from falling?and until now we are dropping smaller each day.
but i am certain that some correction or either manipulating happening,i had been looking for the reason about this dump but i see nothing since yesterday so maybe the second reason is what happening?
Topic: So are we in bullish times or Not?? - page 4. (Read 807 times)
Currently, it's pretty obvious that the bears has taken over the market. It's just a question on how the bulls are going to take it back. The current downtrend is largely due to the corona virus news gripping all over the world. That's why the market seems to go on the downsize as investors push the sell button creating panic again.
Being into a panic situation is really the worst action to control while there's no assurance for several altcoins market to recover smoothly. Once there's a good movement, its very frustrating to see while the market started to develop a positive momentum. Short term holders strikes badly with unpredictable behaviour which pulled down several coins increasing value.
As for me, we're not on the Bullish times. We have experienced a worse situation than we have right now so it will be hard to finalize that we're not in the right situation. The market will still recover in times so we have to wait until Bitcoin halving approaches. There are several corrections so we should remain positive towards the market. Good days are coming so we have to wait for the best time for the market.
After a major rally there will always be corrections, so we might be seeing a short term dump and heading towards the $8500 CME gap. But this are all my speculations, who knows maybe bitcoin is in for a major correction.
Currently, it's pretty obvious that the bears has taken over the market. It's just a question on how the bulls are going to take it back. The current downtrend is largely due to the corona virus news gripping all over the world. That's why the market seems to go on the downsize as investors push the sell button creating panic again.
Possibly we are in bullish trend but no one knows how long this trend will remain.One important thing that made crypto prices to be bullish is corona virus which is threatening stockmarket of China and many other developing countries so investors moving their funds to stock alternatives on that bitcoin is one of them.
O be honest it seems rather bearish. Markets failed to overcome the barrier of 10k USD effectively and now profit taking, with some selling pressure from cashing out also pushed prices to lower levers. Support at 9k USD now even looks weak if you look at buy/sell walls on some of the most major exchanges. I really hope that this will be averted and no bearish run is to come any further but it's just too uncertain at this point.
What your intention to know bull run or not?
Seeing your trust rating you try to promote scam and ponzi project, is that true?
So I will guess that you want to know the bull run or not it just because you will promote your scam/ponzi project, right?
When bull run comes the investors are tend to not look the ins and out about the project. They will choose a project randomly because at that time you wll be profitable with any project.
Seeing your trust rating you try to promote scam and ponzi project, is that true?
So I will guess that you want to know the bull run or not it just because you will promote your scam/ponzi project, right?
When bull run comes the investors are tend to not look the ins and out about the project. They will choose a project randomly because at that time you wll be profitable with any project.
The market has been bullish this year, when the price is going up then it’s bullish and when it starts to fall, then you know that the bears has taken over the market. And as time goes on if the bulls fight and defend the price, it will rebound and increase to another high price. That’s just how it keeps going.
You should have checked the price we hit before the end of 2019, but the bulls were able to push the price aggressively and it went up to $10,000 before dropping to the current $9,000 plus price. And I am not expecting the main bull run to start now till after the next halving which is going to take place on May 14th or so. After then we should be looking out for the main bull run.
You should have checked the price we hit before the end of 2019, but the bulls were able to push the price aggressively and it went up to $10,000 before dropping to the current $9,000 plus price. And I am not expecting the main bull run to start now till after the next halving which is going to take place on May 14th or so. After then we should be looking out for the main bull run.
I think that last month or so we were in a neutral market and now we are in a bull market. I just think that we need to correct for a while before proceeding higher. Remember how crazy the funding rate and futures premiums were a week back or so. Obviously a correction had to happen.
Yup, and there's another obvious reason why the market corrected:
I've been saying for a while, bears were going to make their last stand somewhere below the October 2019 pivot. It's the only way they could maintain this Dow theory narrative that the market is still in a long term downtrend:
I think we will keep rallying up until the halving and then who knows. Might be a "buy the rumor sell the news" type of event and lead to a reversal.
My opinion: rally through March and dump in April, weeks before the halving.
I think that last month or so we were in a neutral market and now we are in a bull market. I just think that we need to correct for a while before proceeding higher. Remember how crazy the funding rate and futures premiums were a week back or so. Obviously a correction had to happen.
The open interest is still very high which means that traders are still in their long position. When the OI keeps reducing in a falling or sideways market then its considered bad and might turn bearish or just trade sideways. However I am currently not seeing that.
I think we will keep rallying up until the halving and then who knows. Might be a "buy the rumor sell the news" type of event and lead to a reversal.
The open interest is still very high which means that traders are still in their long position. When the OI keeps reducing in a falling or sideways market then its considered bad and might turn bearish or just trade sideways. However I am currently not seeing that.
I think we will keep rallying up until the halving and then who knows. Might be a "buy the rumor sell the news" type of event and lead to a reversal.
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!
I love your thinking to see a solid green rather than a red market but if you will closely monitor the price of the market. The top 4 currencies are acting the same if you will base to their last 7 days graph which is pointing downward and I am sure that you will not like it as red is present while green is absent. 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!
But if you are a solid crypto supporter then you will not worry to this kind of happenings as it is only normal on how the market flows, as you can see the increase of price in less than 2 months from January to February 2020 are 30% and up to most of the potential currencies. So the market is still doing good for bull season to come, a little push and we can safely reach the bull season presence.
Maybe because waiting too long makes many traders who immediately draw conclusions that at this time is a bullish trend can be right but there is also the possibility of wrong.
I just see that this time is the opportunity to collect more BTC and added to my portofolio from swing trade.
I just see that this time is the opportunity to collect more BTC and added to my portofolio from swing trade.
~snip~
Today there is an effect created by the coronavirus worldwide, it has caused some stock market actions to have fallen in price, bitcoin has not dropped much, but this type of event was never expected to be planned, as this changes the things, maybe if bitcoin starts to rise it is because it can be seen as a haven of value, such as gold, but everything in the Bitcoin market can happen, I think the long-term effect due to the coronavirus will cause a price increase Bitcoin
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?
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?
Yes, we are in the bull market, and if we compare with the previous years, we see the market can move to a higher price, although right now, the bitcoin price is down than a few weeks ago. But for the long term, bitcoin prices will increase, and the bullish market will happen soon, so we need to be ready for that moment.
We will see the green candle appear in the market, but meanwhile, we need to be patient for more because bitcoin price just declines to increase, and we need to wait for a while. You need to analyze by yourself, don't listen to other people's predictions, but you can use their prediction to analyze deeper so you can get more signs about the market.
We cannot see bullish in pure green because correction can still happen but if you look at the long term price trend you’ll see that the price is indeed moving up. We reached the $10k level and now we are down for a moment, but don’t panic because this can be a good correction so we can still buy a cheap bitcoin, after this the market will rise again.
I have the same thoughts as you, I also think the current price reduction is only a correction, so this is a good opportunity to buy as many Bitcoins as possible. Towards Halving later many people predict the price of Bitcoin will increase to 15k, and I think that is a reasonable prediction. 
I am short term bearish for Bitcoin now since we still hold above $9,000. With having sideways between $9,000 and $10,000 this good be good for Bitcoin to break above $10,000.
As we can see the Relative Strength Index (RSI) which is oversold now on daily timeframe, this could be good news for those who are buying and to add more bitcoins to their bags.
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!
2020 is when bitcoin will be halving again, approx in may 2020. With that rumor, people are starting to believe if bitcoin will be rise so high or even higher than Bitcoin ATH before. We also have seen many days ago when bitcoin surpassed $10k (but down again for now to $9.5k) and stable for a while. 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!
But i believe we can't decided when bitcoin will be on their bullish until their price dropped from ATH
But btc still Low just 9k.
What's should be the price so that you can consider it "high"?
There is news that 2020 is so good for bitcoin and bla h.. Blah.. Bla.
Generally, good for bitcoin - adoption, trends, recognition, etc.
Price should follow but it won't happen overnight.
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!!
So are in bull or Bear market what is the market situation?
If we are bullish then let.me see Green good Green!!
Isn't it usual already that once the price started an uptrend, we can read some analysis that it's now going BULLISH? And if the price experience a downtrend, it's now going BEARISH?
Experts can make a speculation of what will happen based on what the indicators will lead into but it doesn't mean it's accurate. That's where the reference point of most traders. Crypto is volatile and there are lots of times it destroys and wrecked a professional and well backed-up analysis. It does mean that there are lots of factors to consider and not just relying on these so-called experts prediction.
Is the market Bullish? Bearish? Actually you have your own analysis for it. However, if you are not that type of person that doesn't want to do some research, then the best thing to do is to remain patient and just "trust the process".
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??
If we are bullish then let.me see Green good Green!!
Id like to get Answer... Are bullisj or Not??
The short term picture is still leaning bearish:
It's obvious we're experiencing a short term bout of downward pressure. Like David, I think the most likely scenario is a dip towards the upper $8,000s or $9K area:
In my opinion, this longer term picture is still intact:
A typical 1.618 extension of Wave 1 target = $12,700. Testing the 2019 highs by April appears possible now.
You need to have some patience. Markets in a nutshell = patient people taking money from impatient people.
Impatient people are selling in the $9,000s right now because they can't wait for the exponential increase that's probably coming in March or April.
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