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Topic: The bear market is over (Read 367 times)

full member
Activity: 434
Merit: 103
December 20, 2018, 08:31:06 AM
#22
If the bear market is over, it doesn't mean we're in for a bullish market. I'm not convinced the bear market is finished but even if is we'll likely have a long period of stagnation. Most people are going to be terrified of investing in to BTC at the moment and so the price is going to remain subdued for some time.
jr. member
Activity: 262
Merit: 1
https://saturn.black
December 19, 2018, 06:24:49 PM
#21
I do not agree, in my opinion the price increase that occurred yesterday was only temporary because there were investors with large funds buying bitcoin. but yesterday's price increase was a very positive thing.
legendary
Activity: 2170
Merit: 1427
December 19, 2018, 05:42:01 PM
#20
Nobody knows it could be. $6k could have been the bottom and $3k could have been the capitulation.

I have seen extensive use of the term capitulation on social media and in articles, but I honestly haven't seen much capitulation at all. Sure, a few startups have fired staff, stopped working on projects, miners shutting down, but this isn't capitulation, or at least, not in full force.

I find the mood swings of people in this market to be hilarious; just a few days $1500 was just a matter of time, and now you see them throw around with +$5000 figures. I get it that people are happy to see some green after so much red, but realize, the green that we see is nothing more than a tiny drop in a bear-size bucket.

People were 'sick and tired' of $6000 like two months ago, and now they can only dream of having that level back. Roll Eyes
hero member
Activity: 1414
Merit: 516
December 19, 2018, 05:41:54 PM
#19
We can't be sure if this is the sign that bear market is over. As we see again the price go a bit down, but anyway true holders know that bitcoin will grow even if they wait more, so the whales and investors i think buy now and will hold until next ATH.
legendary
Activity: 1652
Merit: 1483
December 19, 2018, 05:25:54 PM
#18
people ITT seem hesitant to agree with the OP. that's actually a good sign the bear market is nearly over! when bulls are the contrarians, the bull case becomes a lot more believable. it means there's lots of sellers and shorters who haven't bought back yet. Wink
legendary
Activity: 2534
Merit: 1517
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December 19, 2018, 05:08:41 PM
#17
I don't think so, reading most of the people will expect BTCitcoin under 3000$, regarding the situation of today half of the earn % of bitcoin is already gone on the last few hours, maybe is too early to call the end of the bear market.
hero member
Activity: 2240
Merit: 848
December 19, 2018, 02:58:44 PM
#16
I mean I would say it is over as in the sense Bitcoin is bottoming out and Bitcoin has likely moved into a transition phase between going down and going up. I expect at least a few months, maybe until mid-2019, of the price hanging out between roughly 3000 and 5000. A big bounce over the past few days certainly doesn't mean the bear market is suddenly over, it just means Bitcoin was immediately oversold. The price may very well sink back down to low 3000s at some point soon and I think it will spend significant time in the 3000s over the next few months.
legendary
Activity: 3122
Merit: 1398
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December 19, 2018, 02:14:15 PM
#15
Based on the current market momentum it shows the bear market is over as bitcoin adds 18% in only 3 days.  It took a whole year for the bear market to give in and I believe it is time for another bull run 🏃 🏃 🏃. Do you agree?

This is how people predicting the current price trend;

a)when the price suddenly increase a bit = end of bullrun
b)when the price continues to goes down more = bitcoin will reached below $2,500 to much lower

Just wait for the progress and give more time before we can conclude that bull run is now on effect. It's fine to have a positive speculation but never closed the book that our expectation is now happening.

Goodluck riding the current trend.
full member
Activity: 632
Merit: 122
December 19, 2018, 02:01:56 PM
#14
Too soon, we have yet to see it bottomed.
holiday is near, people need money to take a vacation or buying something for their needs.
trader sentiment is not on good shape, it needs time to restore it shapes again.
chart looks so bad, it's like going to trample you.

in the end, it is too soon. do not risk it if you can not afford to lose it for now, you can buy it later even though the price is higher from this moment.
legendary
Activity: 1806
Merit: 1521
December 19, 2018, 01:55:47 PM
#13
Based on the current market momentum it shows the bear market is over as bitcoin adds 18% in only 3 days.  It took a whole year for the bear market to give in and I believe it is time for another bull run 🏃 🏃 🏃. Do you agree?

Too early. You're potentially right, but it's always foolish to declare the bottom this soon. The bottom can only be declared many months from now in hindsight after the market has established a reliable new trend.

Remember, an 18% gain pales in comparison to the 50% drop the market experienced since last month. We have a lot of resistance to work through. I definitely think there will be ample time to accumulate before the next bull market.
member
Activity: 462
Merit: 14
December 19, 2018, 01:38:22 PM
#12
I do not agree with you, bear market will be over when BTC will cross 8 K $ or 10K$. BTC has given us 20K$ hope, now our hopes are higher. This kind of small upward movement does not matter at all. Investment in BTC should cross 150 billion dollars then it will be a good sign. It is only 66 billion dollars. there is a gaps of 84 billion dollars.  Embarrassed
legendary
Activity: 3668
Merit: 6382
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December 19, 2018, 01:24:00 PM
#11
Based on the current market momentum it shows the bear market is over as bitcoin adds 18% in only 3 days

We'll have to wait a few weeks and then we'll look back and tell the bear market was over or not.
The time will prove this was or not a bull trap.
The time will prove this was not temporary.

Remember when Bitcoin price didn't move almost at all for at least an entire week and people started telling about stability and so on... until a huge dump has happened? It was not long ago. So let's give it some time before we call it in a way or another.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
December 19, 2018, 01:09:38 PM
#10
We’ve had many other similar events on the way done from the ATH at ~$20K where prices went up a bit and dropped right back down, so I would agree for now that it’s too soon to call the end of this current bear market or even a bottom right now. Some people have been pointing to a potential V bottom a few days back, but I don’t see that being likely as the volume at that time was exceptionally low, though I could be wrong for sure.
legendary
Activity: 3542
Merit: 1352
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December 19, 2018, 01:03:56 PM
#9
Too soon to call it over as we don't even get a solid footing on where we're at right now. The rise can be over within a few days similar to what happen on 3rd or 4th of November so I wouldn't really bank on this rise as a reversal on the current market trend. Bulls aren't that strong yet to make another push or breakout albeit the fact that some shorts are already out from the order books. I would put it as a normal volatility movement and not really thinking that this is something special.
full member
Activity: 658
Merit: 108
December 19, 2018, 11:13:56 AM
#8
Based on my experience, everything is possible and nothing can be predicted. Even if the price of bitcoin rises 100% only in 1 day, I don't say the bull run has started. The price might fall 50% in the next day. Every thing is possible.
copper member
Activity: 228
Merit: 23
December 19, 2018, 08:22:38 AM
#7
Nobody knows it could be. $6k could have been the bottom and $3k could have been the capitulation.
hero member
Activity: 3150
Merit: 937
December 19, 2018, 08:17:03 AM
#6
Such a clickbait title. Grin
Nope,the bear market isn't over,the btc price might go up somewhere around Christmas but I'm pretty sure there's going to be a big decline in the first quarter of 2019.Such decline occured at the first 2 months of 2018 and it was due to the new crypto tax year. Grin
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
December 19, 2018, 08:16:02 AM
#5


Too early to celebrate but there is a chance that this will make the price stable for the rest of the months or maybe even years before the bulls will eventually come running.   There is so much to profit from this gain though. In 3 days I already profit $400 from trading WAVES, its not so much but this is the best of what I can come up now that it spikes up every time.
legendary
Activity: 2912
Merit: 1068
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December 19, 2018, 08:11:14 AM
#4
I can't agree, changes don't happen over night although Bitcoin can turn from one phase to another rather quick.
Maybe some think that current small price rise means that the bear market is over but current situation still doesn't show any serious and long term changes, it takes a while. Don't rush with conclusions, nothing is over yet!
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
December 19, 2018, 07:57:35 AM
#3
Not sure about that. Sometimes this crypto market is crazy! 1 day you see price going up the next day you lost 50% of your asset. But I really do hope this is the start of the bull run so I can earn some profit after a long bad journey in this market.

You don't get a bull run starting the second a bear market stops. If there is to be another bull run there's usually a breather that can last months or years before it happens. It's still possible the price will rise to what enough people regard as a neutral level but it may not budge very far from there for a lengthy time.
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