Bitcoin Forum

Dear friend! in your opinion, at what level will bitcoin change from a bearish trend to a bullish one? I think 8000 and you?

I think that bitcoin will come to a bullish trend after the psychological mark of 11 000 thousand dollars or more !

I think it will be better than that, 10k - 12k will probably be achieved by bitcoin by the end of this year, bitcoin will really surge again.

Not really. 10k Used to be the point 2 months back, because the moving average was at that level. Now it's at 7500 and still going down. We've managed to break to 8k that would be a clear indicator of a reversal. We don't have much more before the lower support line and the MA touch and will force a move. I'd rather expoect a bearish move if we don't break out earlier.

I also do think that $8,000 plus will be a point to say we have entered bullish. This is because, I can't remember market getting to $9,000 since February that we saw this bearish times, or maybe it got about it slightly but didn't stay for long before dropping again.

we have been bull for years
2016: >$300
2017: >$900
2018: >$5800

what you must be talking about is
cubs (small bears)
calves(small bulls)

you cant just scream bull or bear every +/- few percent change, or just on the movement of a few days weeks

the december event was a calves running up a hill and then come tumbling down(it was short, temporary and not sustainable). we are at ground level and no bear market. just more calves and cubs fighting and jumping and falling around in the fields.

bitcoin prices cannot be predicted easily, even any fortune teller feels difficult to guess the price of bitcoin. We'll see, at this time the price of bitcoin is indeed in a downtrend, but I'm sure it won't take much longer for the price of bitcoin to rise.

The bull run is mostly caused by FOMO, and $8000 is s good price to attract more attention and major investments.
The price can also be manipulated and such values can hardly be sustained.
We have had a little rise today as opposed to the red market of the past few weeks.

Changed your mindset and thinking. Entering a certain price level will not be the basis of the start of your expected bull trend. There are lots of chances that a downtrend will happened again even after entering the $8,000 price level. And bitcoin price can reached $8,000 even without a bull run but just a normal price moveement. Honestly that kind of basis of yours isn't really making sense to me.

Let's put it this way, you just have to wait and see or do whatever things you can do to take advantage of the current trend while waiting for your expected bull run.

Maybe people will be very interested if the price has reached $ 7500 - $ 8000 because we take too long at $ 6500, I don't know for sure it will be a stepping stone or anything, trust will always increase, this is a problem of some time that Bitcoin needs to pump and the market turns into a bull market, everyone doesn't know that.

I disagree with the $8K mark as the indication that we are going bullish. Its really hard to say which price. We have a lot of arguments month back that bitcoin won't go below $10K and we did and we are struggling to get to 4 digits again. So the big mental barrier is the 4 digit mark, if we surpassed it and then like become stable and sustainable then most probably we can see the the trend shifting from  bearish to bullish sentiments.

the "bearish" trend ended a couple of months ago since bitcoin price has not been going down ever since. right now we are in a transition phase between the two trends and it is more like an accumulation phase where the price comes up and down so that whales can make profit while buying even more bitcoin with that profit.

what you are talking about is the rallies and the big rises not the end of bear trend. and they will come eventually, possibly next month that ETF is already rejected and is no more.

I also think that in the $ 8,000 zone it is quite safe to change trends, hopefully by the end of the year the zone will be reached.
please for everyone don't sell your btc, because you will regret at the end of this year, keep holding your btc and relax

I do not believe in prediction but since this post wants to know at what price Bitcoin will change the trend then I think it will be between the price level of $8500 to $9000

Since anything can happen in Cryptouniverse. it can of course change from the present price also.

Bitcoin bullish must cross 7500 level for us to be able to stay there for a while. The market is completely bearish as long as stays under it.

Exactly more than 8k.
Let's see 30 september when ETF announced, that will be the day of crypto trader because the price could be pump or dump with a really high level.
Hope everything's good and bitcoin could back to 20k

yes change the trend of bitcoin in the market

I've believed before that when we are about to reach $10,000 again I assumed that was the bull run.

But I was wrong with it and IMO $8,000 isn't still the price that we can say we're already on the bull run. Five digit can safely assume that we're already in but I'd like to see the price on $8,000 already so that we can be out of this $6,000ish already.

I think that $ 8,000 is an achievable goal. Therefore, many will not buy bitcoin and are afraid of another fall. When bitcoin again grows more than 10, 000 dollars, then investors can again trust in crypto-currencies.

if "what level" is the question? means that it cannot be predicted logically. just thinking without analysis. maybe at 10k is enough to make the market attractive to investors.

In my opinion for 8000 it's still standard. Bitcoin can still be higher than what is currently predicted.

In fact we cannot predict exactly it can be but base in our last experiences in few days and months, bitcoin movements was considered treat or dangerous for our investments because of it's continuously performing downtrends. However, most of us never give up and still keep holding because they are hoping that it can recover again and reach or surpass it's highest value in the last year 2017. Actually there is a big chances that it will suprisingly pump again.

To be honest, no one can predict the accurate future but I am expecting the market to start recovering in the next 2 to 3 months from now. Big whales and institutional investors are waiting for the perfect opportunity to get involved with it and their involvement would boost the market. However, it is recommended to do on research before taking an investment decision as this is my personal opinion and it might be completely wrong.

What is the price of the bitcoin, and where i bougth this cryptomoney..

I think if it rises again, it will be around 10K, I think it could happen later this year.

In my opinion bitcoin can going from bearish trend into bullish trend if bitcoin can achieve at least 10000 USD. so the price currently are below expected but it's a good position for you if you want to take position.

In my views, I believe that the bullish market for btc is being expected to rally within the last quarter of 2018 and definitely going for the hit at $8.5K mark which I think most likely the nearest assumption that it could reach. Moreover, it will be a significant scenario for the btc investors that they will look upon in the coming months and hoping this will be experience by the people. BTC market trend may have the same pattern same as last year but I guess the $20K expected target could be impossible to take effect.

I think it will be at $ 6k5 for a long time. And maybe this is a pretty cheap price for us to buy. It is not at 8k $, it will be at 6k $.