The main reason for the bearish market today

iqlimasyadiqa

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Quote from: XCANA on April 04, 2019, 10:50:44 AM

The main reason why the bearish market kept us for a long time was based on speculations which has negative impact on the market. This can be solve only if the Bitcoin communities will stand firm against Bitcoin enemies and together fight for Bitcoin adoption. Together the bearish market can be a thing of the past.

Currently the market is no longer Bearish but bullish as Bitcoin price still stand $5,000 and still growing.

far more adoption or use of bitcoin can lead to a volume of bitcoi market, this will increase the number of requests and of course the price of bitcoin will increase. some speculations also assume that this year there will be a positive change. now I keep holding on to such a good market, I will try to save some valuable assets and hope that prices will increase in the future.

XCANA

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The main reason why the bearish market kept us for a long time was based on speculations which has negative impact on the market. This can be solve only if the Bitcoin communities will stand firm against Bitcoin enemies and together fight for Bitcoin adoption. Together the bearish market can be a thing of the past.

Currently the market is no longer Bearish but bullish as Bitcoin price still stand $5,000 and still growing.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: emulsifryer on March 30, 2019, 02:23:18 AM

A lot of changes from the first quarter which some of us thinking that bitcoin will not recovered back again due to the downfall of its price but as you can see from time to time there's still a chance that the market showed us some positive thread and I guess this wont take too long bear market will end up soon.

It seems the bear market has stopped for a few days now and the bulls are pushing it up this week. We crossed 5k and now are going to 6k in my book. Although the first quarter was bearish it does indicate this breakout even if it might be a bulltrap would not be stopped very easily. Today there has been a correcting rally back 4% losses but the gains have been pretty big recently. Not sure about the reason yet but lets hope the bull market will catch up again once the bull complete resting for now.

Quote from: Ezenwanyi on March 30, 2019, 04:11:32 AM

I have always maintained that the cryptocurrency Market is one which is highly controlled by speculation.
So I'm not surprised that the SEC news could cause Market downward trend.
It's expected.

Lets get more people resistant against the SEC news. That should be our motive.

Ezenwanyi

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I have always maintained that the cryptocurrency Market is one which is highly controlled by speculation.
So I'm not surprised that the SEC news could cause Market downward trend.
It's expected.

emulsifryer

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Quote from: hahay on March 30, 2019, 01:48:19 AM

Quote from: oegarod on March 30, 2019, 01:38:31 AM

It isn't the perfect bear market, from analyst view the market is predicted to grow crossing $4200. If this happens then it is the end of the bear trend, same time possibility for a down trend is possible with bitcoin going low to $3500, and the low bottom close to $3200. Right now the price recovery after falling low to $4000 and crossing $4100 have added resistance for the next price barrier to be $4200.

This thread has been made at least 5 months ago and of course there has been a change in market sentiment, at the end of the first quarter of 2019 the trend showed a good increase in my opinion and it looks like the bear market will end soon which at least will be pretty sure in the second quarter of this year there is a much higher increase if indeed the bull run is what has been predicted and expected so far.

A lot of changes from the first quarter which some of us thinking that bitcoin will not recovered back again due to the downfall of its price but as you can see from time to time there's still a chance that the market showed us some positive thread and I guess this wont take too long bear market will end up soon.

gilangIDR

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Quote from: hahay on March 30, 2019, 01:48:19 AM

Quote from: oegarod on March 30, 2019, 01:38:31 AM

It isn't the perfect bear market, from analyst view the market is predicted to grow crossing $4200. If this happens then it is the end of the bear trend, same time possibility for a down trend is possible with bitcoin going low to $3500, and the low bottom close to $3200. Right now the price recovery after falling low to $4000 and crossing $4100 have added resistance for the next price barrier to be $4200.

This thread has been made at least 5 months ago and of course there has been a change in market sentiment, at the end of the first quarter of 2019 the trend showed a good increase in my opinion and it looks like the bear market will end soon which at least will be pretty sure in the second quarter of this year there is a much higher increase if indeed the bull run is what has been predicted and expected so far.

Look at some of the prices of cryptocurrencies that exist, prices are in the green range and that is good if it can be maintained for a longer period of time. We are still in the first quarter and in the second quarter of the future we will get a much better situation, hopefully this can all run smoothly and without significant obstacles.

hahay

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Quote from: oegarod on March 30, 2019, 01:38:31 AM

It isn't the perfect bear market, from analyst view the market is predicted to grow crossing $4200. If this happens then it is the end of the bear trend, same time possibility for a down trend is possible with bitcoin going low to $3500, and the low bottom close to $3200. Right now the price recovery after falling low to $4000 and crossing $4100 have added resistance for the next price barrier to be $4200.

This thread has been made at least 5 months ago and of course there has been a change in market sentiment, at the end of the first quarter of 2019 the trend showed a good increase in my opinion and it looks like the bear market will end soon which at least will be pretty sure in the second quarter of this year there is a much higher increase if indeed the bull run is what has been predicted and expected so far.

oegarod

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It isn't the perfect bear market, from analyst view the market is predicted to grow crossing $4200. If this happens then it is the end of the bear trend, same time possibility for a down trend is possible with bitcoin going low to $3500, and the low bottom close to $3200. Right now the price recovery after falling low to $4000 and crossing $4100 have added resistance for the next price barrier to be $4200.

soulripper

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The main factor for low demand in today marker is because a lot of investors has hit a big lost in the last year and some of they has being not invest again due to a high lost. Investors scared to invest and that make the marker has down. I think this will be change soon after we see some more positive activities in bitcoin market then a new investors will invest more.

Yamifoud

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Quote from: hovrah on March 29, 2019, 05:52:53 PM

Quote from: Teawhalee on March 29, 2019, 03:57:47 PM

I think the bearish was just a coincidence with the SEC activities and it triggered it. Usually people do respond to Negative news with high that’s positive news. A lot of people panic sold to avoid and stay out of the market to see where the next drop zone would be. Now perope are no more scared of any news or price drop.

There were news on the Internet that was voiced by many cryptocurrency users regarding today's price drop. It is said that the market fell due to the closure of a single drug trafficking website, where it was possible to pay in cryptocurrency. K means Certainly funny, but nevertheless, everything is completely possible.

Do you think that crypto is already used for drug trafficking? Cause I feel bad with that.
Not possible that it could used for some illegal activities, frauds but isn't that proven due to its anonymity for every users, only just news spread.
But looking into this things, I've never think that it will give a bad impact into the market. We are hardly to recover cause we have that low demand and some investors are not investing again after big losses last year. But of course, will have that recoveries in the coming days as the market started to move.

hovrah

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Quote from: Teawhalee on March 29, 2019, 03:57:47 PM

I think the bearish was just a coincidence with the SEC activities and it triggered it. Usually people do respond to Negative news with high that’s positive news. A lot of people panic sold to avoid and stay out of the market to see where the next drop zone would be. Now perope are no more scared of any news or price drop.

There were news on the Internet that was voiced by many cryptocurrency users regarding today's price drop. It is said that the market fell due to the closure of a single drug trafficking website, where it was possible to pay in cryptocurrency. K means Certainly funny, but nevertheless, everything is completely possible.

Best Dreams

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Quote from: thirdlight on March 29, 2019, 03:35:24 AM

Quote from: xuv500 on February 27, 2019, 02:14:05 PM

The entire Alts are following only BTC if the value of BTC pumps the entire coins pump else it will drown automatically. The market is unpredictable and some big investors are manipulating the price everywhere, hopefully the price will pump in this last quarter.

Manipulations are everywhere. And what is most interesting is that we don’t get anywhere from them. Therefore, I propose to simply accept and adjust to the market. Because he will never fit in with you.

Yes we should be positive and be wise because so many people are trying to put the market down and make everyone lose, better be wise and be positive, market is bearish only because of panic sellers don’t be the one just hold with patience, those who are lack of knowledge try to guide them not to manipulate the market.

Teawhalee

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I think the bearish was just a coincidence with the SEC activities and it triggered it. Usually people do respond to Negative news with high that’s positive news. A lot of people panic sold to avoid and stay out of the market to see where the next drop zone would be. Now perope are no more scared of any news or price drop.

maldini

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naturally this is a market, there is a time of bearishness. There are so many bearish causes, obviously the offer is bigger than the demand and there are a lot of FUD news that are pending on this market.

incomefromcoins

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The main reason for the bearish market is Etf approvals lot of expectations for wall street investors the approval news took back billions of dollars

hyunee

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Quote from: AjithBtc on March 29, 2019, 08:48:28 AM

The market isn't bearish anymore, right now market is gaining resistance for a bigger price pushing. Now it seems to swing, end of the day there is good price increase. A day back it fell low close to $3950 and by the next day the price once again came close to $4050 and today it has crossed $4100 which is pure growth.

I don't think it is not in bearish trend until now. We can't just be sure about this. Bitcoin tried to push it to the next resistance on its journey to 5k usd but it always fail. But my positivity in bitcoin will never reduce, it will go up soon. Only if the dramas will be gone.

Pattart

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Quote from: AjithBtc on March 29, 2019, 08:48:28 AM

The market isn't bearish anymore, right now market is gaining resistance for a bigger price pushing. Now it seems to swing, end of the day there is good price increase. A day back it fell low close to $3950 and by the next day the price once again came close to $4050 and today it has crossed $4100 which is pure growth.

I dont think its over, prices can fall back if there is oversupply especially many people who might just sell their assets when prices rise to $4100. and that's what happened at the beginning of 2018, Too much oversupply of investors wanted to sell at ATH and many of the investors wanted to save their assets, so there was a bearish

AjithBtc

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The market isn't bearish anymore, right now market is gaining resistance for a bigger price pushing. Now it seems to swing, end of the day there is good price increase. A day back it fell low close to $3950 and by the next day the price once again came close to $4050 and today it has crossed $4100 which is pure growth.

mornabo

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Quote from: Stac on February 27, 2019, 06:19:59 AM

Bitcoin is volatile it has a tendency to increase the value of Bitcoin beyond our imagination that is bullish time at the starting Bitcoin had no value the value was too low and after two three years the value of Bitcoin increased and by 2017 the value reached more than imagination and by 2018 the market value began to depreciate and reached to a bearish market .. One of the main reason for this bearish market may be concerned of the political and economies ot the country in other words the bear market may be the opportunity to invest for the future growth .

Prices fell for a reason, prices have gone up too much and we know corrections will happen, especially there was news about the bitcoin ban in Korea and some Asian countries were implemented, and that's where the price of bitcoin began and continued to bleed to this day

timerland

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The lawsuits against the ICOs Airfox and Paragon had nothing at all to do with the bearish market that has been going on for multiple months now. I'd say that this mostly meant that there would be some downward change in the market, but the sec cracking down is more influential on users who want to raise funds, or are in the process of raising funds, then the whole crypto market as a whole. The crypto community always knew that the SEC, banks and other governmental organizations disliked crypto due to its freedom, and undeniable ability to fund illegal activities.

I'd say you can't really contribute the bear market to a singular reason.

Topic: The main reason for the bearish market today (Read 17453 times)