Positive in like a 2 months bearmarket?
When is this fucking bear market supposed to come? Helrow?
We had a bear market from about the beginning of 2014 until nearly the end of 2015.. Times have changed. Currently we are not in a bear market and have not yet come even close to converting into a bear market.
Now on the other hand, if prices dip below $800 and stay there, then I might begin to consider whether some kind of transformation might be taking place... Anywhere above $800 is certainly not a bear market.. and maybe even we might have to wait for below $600 before we really start to consider that a bear market might be taking place.
Zoom out a little bit York, especially if you are coming up with nonsensical thoughts about some kind of bear market in our present state of BTC prices and ongoing seemingly upwards price pressures.
just doesnt look bullish the last couple of weeks or months (march+april). I think that this is quite bearish for bitcoin. Seems that you dont agree, what I understand because you talk about a larger timeframe. But you cant ignore the bearish news, indicators and the chart of the last 2 months. Of course when you look in a year perspective its bullish.
Since you seem to talk so much nonsense, I have difficulties giving you any kind of benefit of the doubt.
Do you even know what the fuck you are talking about?
When normal people use the term bear market or bull market, they are referring to longer term trends.. such as there was a bull market in bitcoin through much of 2013 and there was a bear market in bitcoin in 2014 and 2015 and then we returned to a bull market towards the end of 2015 - however, we did not necessarily know that we had returned to a bull market until several months after we were in it.
In other words, we are currently at the top of a price range and the price could go either way...
Even if prices correct 30% or more from here, we have not gone into a "bear market." These are basic concepts and I am not trying to argue anything or trying to project my views upon you.
You should get your terms straight rather than throwing out concepts that are misleading.
For example, if you want to argue that the price is going to go down from here or sideways or that there is little likelihood for more upwards price movements, those are all fine and dandy assessments and fair game .. or you could even argue that you think that we are going to go into a bear market.. but really we are not going to know that we entered into a bear market until the price goes below some point that is quite lower than current prices .. for sure below $1000, but more likely would have to go below $800 or even $600, like I already mentioned before such price actions would rise to the level of a "bear market"
