Today is 365 days since the last ATH - page 2.

eminemcookie

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Quote from: Febo on December 20, 2018, 01:49:37 PM

Quote from: eminemcookie on December 20, 2018, 04:28:49 AM

Quote from: timerland on December 19, 2018, 05:14:41 PM

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

I think that it's quite realistic that prices will continue to dip, or move sideways for the next few weeks/months.

Even though prices are extremely low right now, and I don't expect it to go much lower within this bear market due to the demand for cheap coins from institutions and individual investors below the $3k level, I think that there is still some way to go before we can safely say that a trend reversal is going to happen any time soon.

I also don't think that this current bullish rally will really last at all.

There is usually a period of relative stability before the recovery happens, in a bear market. I don't think we're at that stage yet. And if you look back to 2014, which is similar (obviously not going to be exactly the same) to what is happening right now, the bear market did go on for nearly two years. I expect a similar timeframe for recovery. 2020's halving could coincide with a potential cycle reversal for sure in that regard.

Even a period of stability and sideways movement would be a win given the recent trend. I am a little suspect of how the price so quickly moved away from the sideways range of $6000.

It moved away quickly because bottom was not reach yet. Once we will find bottom period of stability will start that will last from 6-12 months.

Well evidently, but you would suspect that after 3+ months stuck in a narrow range that the price would move slowly in one direction, not halve in a short period of time.

Quote from: Danslip on December 20, 2018, 02:38:01 PM

Stable growth and steady performance is reasonable for mentioned conclusions. Trend is not going upward forever, market partcipants are more likely following big money flow. So hash power is just a detail in this ocean and there are so many alternatives in this sector to BCH nonsense.

But it's the knock-on of BCH, I don't believe it was solely responsible for the crash or this small recovery but I think they had a big part to play because they're so dominant in bitcoin mining.

gabmen

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Quote from: South Park on December 21, 2018, 01:02:18 PM

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

Even if we give the same name to any instance in which the market goes down, bear markets are different in intensity and duration, to me this will be one of the most difficult bear markets to endure since it has been huge in terms of the losses we had to endure and it is also going to last a very long time since I believe just as you do that the bull market will not appear until 2020.

Well it's been a very long year though it's ironic that a decent positive movement started a year after btc's meteoric rise. I agree that this by far won't take us that much upwards but i won't complain for any positive movement.

South Park

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Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

Even if we give the same name to any instance in which the market goes down, bear markets are different in intensity and duration, to me this will be one of the most difficult bear markets to endure since it has been huge in terms of the losses we had to endure and it is also going to last a very long time since I believe just as you do that the bull market will not appear until 2020.

harizen

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Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

Rather than to think how long bear market will lasts or when that expected bull run will happened, Im just focusing on my usual chores in accumulating btc's while at the same taking advantage of any price trend on the way.

No one knows what will happened so questions like that is really not making sense to me. It will just result in lots of confusions on what we really gonna do.

With the bear market that lasted for quiet long period now, people should now, at least, know how to deal on it.

Slow death

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Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

for now we have to forget these words: "ATH" and "bull run" because it seems to me that they are words that we will not see happen in the next months or even the next 2 years, we still need a lot of demand and for this we need big investors and we need that governments regulate bitcoin and that they are advantageous regulations for bitcoin because that brings more demand. I, for example, have a lot of headaches to buy bitcoin and pay a lot of fees, but if my country had regulated bitcoin and the banks made it easier to buy bitcoins, I would buy bitcoin very easily

Danslip

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Quote from: eminemcookie on December 20, 2018, 04:28:49 AM

Quote from: timerland on December 19, 2018, 05:14:41 PM

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

I think that it's quite realistic that prices will continue to dip, or move sideways for the next few weeks/months.

Even though prices are extremely low right now, and I don't expect it to go much lower within this bear market due to the demand for cheap coins from institutions and individual investors below the $3k level, I think that there is still some way to go before we can safely say that a trend reversal is going to happen any time soon.

I also don't think that this current bullish rally will really last at all.

There is usually a period of relative stability before the recovery happens, in a bear market. I don't think we're at that stage yet. And if you look back to 2014, which is similar (obviously not going to be exactly the same) to what is happening right now, the bear market did go on for nearly two years. I expect a similar timeframe for recovery. 2020's halving could coincide with a potential cycle reversal for sure in that regard.

Even a period of stability and sideways movement would be a win given the recent trend. I am a little suspect of how the price so quickly moved away from the sideways range of $6000 amidst all of the BCH nonsense and now the market is recovering BCHABC is going along with it. I haven't verified this but maybe some hash power has been moved from ABC to BTC because ABC are winning the hashing war?

Stable growth and steady performance is reasonable for mentioned conclusions. Trend is not going upward forever, market partcipants are more likely following big money flow. So hash power is just a detail in this ocean and there are so many alternatives in this sector to BCH nonsense.

Wilhelm

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It feels like a month or two ago... 365 days ... I'm getting old fast Cry

Febo

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Quote from: eminemcookie on December 20, 2018, 04:28:49 AM

Quote from: timerland on December 19, 2018, 05:14:41 PM

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

I think that it's quite realistic that prices will continue to dip, or move sideways for the next few weeks/months.

Even though prices are extremely low right now, and I don't expect it to go much lower within this bear market due to the demand for cheap coins from institutions and individual investors below the $3k level, I think that there is still some way to go before we can safely say that a trend reversal is going to happen any time soon.

I also don't think that this current bullish rally will really last at all.

There is usually a period of relative stability before the recovery happens, in a bear market. I don't think we're at that stage yet. And if you look back to 2014, which is similar (obviously not going to be exactly the same) to what is happening right now, the bear market did go on for nearly two years. I expect a similar timeframe for recovery. 2020's halving could coincide with a potential cycle reversal for sure in that regard.

Even a period of stability and sideways movement would be a win given the recent trend. I am a little suspect of how the price so quickly moved away from the sideways range of $6000.

It moved away quickly because bottom was not reach yet. Once we will find bottom period of stability will start that will last from 6-12 months.

eminemcookie

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Quote from: timerland on December 19, 2018, 05:14:41 PM

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

I think that it's quite realistic that prices will continue to dip, or move sideways for the next few weeks/months.

Even though prices are extremely low right now, and I don't expect it to go much lower within this bear market due to the demand for cheap coins from institutions and individual investors below the $3k level, I think that there is still some way to go before we can safely say that a trend reversal is going to happen any time soon.

I also don't think that this current bullish rally will really last at all.

There is usually a period of relative stability before the recovery happens, in a bear market. I don't think we're at that stage yet. And if you look back to 2014, which is similar (obviously not going to be exactly the same) to what is happening right now, the bear market did go on for nearly two years. I expect a similar timeframe for recovery. 2020's halving could coincide with a potential cycle reversal for sure in that regard.

Even a period of stability and sideways movement would be a win given the recent trend. I am a little suspect of how the price so quickly moved away from the sideways range of $6000 amidst all of the BCH nonsense and now the market is recovering BCHABC is going along with it. I haven't verified this but maybe some hash power has been moved from ABC to BTC because ABC are winning the hashing war?

timerland

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Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

I think that it's quite realistic that prices will continue to dip, or move sideways for the next few weeks/months.

Even though prices are extremely low right now, and I don't expect it to go much lower within this bear market due to the demand for cheap coins from institutions and individual investors below the $3k level, I think that there is still some way to go before we can safely say that a trend reversal is going to happen any time soon.

I also don't think that this current bullish rally will really last at all.

There is usually a period of relative stability before the recovery happens, in a bear market. I don't think we're at that stage yet. And if you look back to 2014, which is similar (obviously not going to be exactly the same) to what is happening right now, the bear market did go on for nearly two years. I expect a similar timeframe for recovery. 2020's halving could coincide with a potential cycle reversal for sure in that regard.

eminemcookie

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Quote from: exstasie on December 18, 2018, 03:07:54 PM

Quote from: eminemcookie on December 18, 2018, 02:42:52 PM

Historically that period hasn't been too long. Even in 2014/15 it was only a few months of sideways before the market started to increase. People also forget that the market shouldn't only be considered to be bullish again once we reach an ATH. As soon as the price starts increasing from 3k upwards that is the beginning of something positive.

In 2015, it was more than a few months of sideways. We hit the bottom in the second week of January. We didn't break the sideways range until the fourth week of October when the market finally made a higher high.

There's no reason to consider $3K the bottom yet. This could be a dead cat bounce. We'll only be able to tell in hindsight after the confirmation of an uptrend. That comes later (hopefully).

I apologize, you are correct. I was not here for that time and somehow each time I've looked at the graph I've seen it bottoming out not long before recovering. Not sure how that's possible because I've looked at it numerous times, either way, again I apologize for the misinformation.

Knowing that it could be a long time before we break the 3-4k range if that is the true bottom. Although I suspect that a lot of people will argue that the bottom was around 6k and this has been a reverse bubble.

Biscutard

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Quote from: sunanbonang on December 18, 2018, 05:57:20 PM

well today is exactly one year since the last ATH, and the current situation is inversely proportional to that time. Bitcoin has lost more than $ 15k in one year. this is truly beyond our expectations.

I didn't expect that too but it just happen so, let's just face it with pride but be very cautious. Any time the market would have rapidly change without further notice. But, this is just only my opinion the market seems to be unstable at the moment since last month. So, i would just expect another dump if it doesn't break the resistance of $4k.

sunanbonang

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well today is exactly one year since the last ATH, and the current situation is inversely proportional to that time. Bitcoin has lost more than $ 15k in one year. this is truly beyond our expectations.

Oceat

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Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

It doesn't matter how many days or months since the last ATH, bull market wouldn't come yet even if there is good news. If you could look at the past history of Bitcoin where it was in the bearish market. It takes more than a year and a months after the bull run starts. I wouldn't expect a price pump next year if someone tell it.

exstasie

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Quote from: eminemcookie on December 18, 2018, 02:42:52 PM

Historically that period hasn't been too long. Even in 2014/15 it was only a few months of sideways before the market started to increase. People also forget that the market shouldn't only be considered to be bullish again once we reach an ATH. As soon as the price starts increasing from 3k upwards that is the beginning of something positive.

In 2015, it was more than a few months of sideways. We hit the bottom in the second week of January. We didn't break the sideways range until the fourth week of October when the market finally made a higher high.

There's no reason to consider $3K the bottom yet. This could be a dead cat bounce. We'll only be able to tell in hindsight after the confirmation of an uptrend. That comes later (hopefully).

ASHLIUSZ

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In the past after some special occasion the price increase has taken place. This time too that can be expected. Though the usage, adoption and the acceptance on Marketplaces were increasing day be day the price hasn't recovered. As the year 2020 is all about halving, can expect good growth.

eminemcookie

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Quote from: gentlemand on December 17, 2018, 11:26:21 AM

People always seem to forget the bit between the end of the bear market and the start of any bullishness. That may well be the longest most dispiriting period. And that's when most people give up or businesses go bust as interest dwindles massively.

The downward slope is always filled with delusion and hope. We've had a million bottoms called which means people were still paying close attention. Once they drift away it'll mean the cycle is complete and then it's no man's land until it picks up again

Historically that period hasn't been too long. Even in 2014/15 it was only a few months of sideways before the market started to increase. People also forget that the market shouldn't only be considered to be bullish again once we reach an ATH. As soon as the price starts increasing from 3k upwards that is the beginning of something positive.

Rozita

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Cannot predict the market according to this. No analysis and no prediction work. We don't know whether we should wait 1 year, 2 year or even 10 year. So one year passed, but nothing has changed and everything is possible. Everything is same as yesterday and also 6 months ago. The market is always unpredictable. A new all time high, a stable market or more fall in price are all possible.

figmentofmyass

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Quote from: Kemarit on December 17, 2018, 04:00:45 PM

The last bear season lasted for 2 years, so we really can't tell if we're on the tail end of it or if the bear is still not exhausted at this time.

the overall correction ran about 2 years, but the bottom was hit after 13-14 months. then we had a long sideways period that lasted ~9 months before we finally established a higher high and officially entered a bull market.

Quote from: Kemarit on December 17, 2018, 04:00:45 PM

But remember a bull run needs a catalyst, we haven't seen or heard anything that will make the investors pour their money on the market again.

a catalyst can help to speed things up, but all we really need is for supply to dry up on exchanges vs strong demand. i don't recall any big catalyst to the october 2015 rally, but that's when we closed the book on the bear market for good.

BitHodler

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Quote from: Kemarit on December 17, 2018, 04:00:45 PM

But its better to see the market going into another accumulation period just like the $6000-$6500 pattern past months ago and when the needed catalyst comes along and pushed the market again then we can say that bear season is over.

It may seem like it's better, but it's not in reality. I mean, it's great for actual use to pick up during stable time frames, but as soon as the volatility and the volumes decline, the market seems to frustrate most of its participants.

Don't forget that most people are here for crypto's wild roller coaster ride, and not to see boring sideways action for months straight. What happens then is re-testing of main support levels which we eventually will break.

As long as the price keeps going up, regardless of how slow the market moves up, it's good. I think we may be down for that after we have finally found a bottom, or maybe we have already found the bottom. Time will tell.

Topic: Today is 365 days since the last ATH - page 2. (Read 716 times)