Bitcoin Forum

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

The price of bitcoin moving high or low can be attributed to various form of reasons. The price seems to had slipped into down movement I still can't say it was it a bear period. Price has connections with volume, demand and supply

Though I don't think there's a standard criteria into checking if a market is in a bull or bear market, I'm guessing we're still probably in bullish territory. We'd have to be in a continuous downtrend to probably call the current situation a bear market. Probably another drop to $6k-$7k would be enough to conclude that we're back in a bearish territory.

Throughout history (at least for Bitcoin) each bear-bull cycle is getting longer and longer. In previous one bull and bear markets lasted for over a year each.

Neither!! Bitcoin is slowly showing signs of stabilization. Before the recent downfall, its price fluctuation was less than 2% for close to two weeks! I would say this recent downfall is more of a routine correction only! So we don't need to term it as bullish or bearish! It's very normal in crypto market and we have been experiencing such kind of fluctuations since a long time now!

I hope that what we have now is just a correction or something, not the change of the trend. The price is not very welcoming now, it's $8k instead of $10k, and it's very close to the $6k-$7k price barrier that Bitcoin struggled with for months in 2018. The price hasn't dropped so low since June. However, it's also true that similar drops have happened during the bull run and haven't changed the general trend (although the price after each drop did not recover fully). I guess only time will tell what's going on right now.Well, this is another way to look at it. Stabilization is not bad, I suppose, although I would prefer stabilization at $10k rather than $8k... We already has "stabilization" around $6k-$7k, and some people called it 'coma'.

It cannot be called as pure bear trend but it is nearing to that point. Bitcoin has slipped to $7900 from $13000 recent high, that is the cause of concern for all the crypto holders. If the price could have stabilized at $9k, we could have called it correction but at this level it may turn into bear trend anytime. Lets see and hope this bear trend does not come again. Bull trend has surely broken but it has not entered into bear trend yet.

No worries, bulls are still alive and still raging as well, whatever we are seeing presently is simply correction, i took the advantage today by buying some bitcoin for shortterm hold and i am sure i will get good profits, altcoin investors might be wrong though, they belief altcoin season is around the corner thats why btc price dropped

I believe we are going back to a bear market. I do not ever think we will see the 850 billion that we saw come in late 2017. Those days are over. Now we have mainly day traders, trading Bitcoin like they do Forex, so this is what now has destroyed the dream for many people coming into this niche thinking that they will ever get rich. Only if you know how to trade and you have capital doing so, then you might make some good bucks in this game. I don't consider a 250 billion market bullish anyway. Unless we went back to 500 - 800 billion I don't think of the market having been bullish since beginning of 2018.

I wouldn't agree with the lotion that, we are into bear again because, the bitcoin has been going down or on a downtrend  along with some major Altcoins. Even there will be a bear market, one can't determine it from the current downtrend, until we see another $6k per Bitcoin, then and there I will be convince of the bear.
We should also remember that, the market itself has not been booming like what we had in 2017, 2018 till date can be seen as Recovery mood of the market.

Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.

Still bull. We were going down for a year and on the path to sub 3000 dollars but broke that and went above 6000.

That run from 6 to 12 was a FOMO rally but the core move to 6000 is still there untouched. We're only deflating a balloon made of weak hands and FOMO kids that's all.

Not all Bitcoin investors are traders and not all that you see happening on exchanges should be acted upon. You can participate in the rat race or not.

I think it is like the bull and bear playing tug of war. It goes like a roller coaster. Look dat chart xD

They were saying in some news thing google showed me (I turned them off well on hide but that doesn't seem to work always they never seem to stay hidden) that bitcoin will never go below 10k again and that time is over.
I say buy bitcoins now. Bitcoin is so strange. You never know what is going on with it. Though much of the time you can profit since the graph for the price of bitcoin seems to touch every now again meaning back to where it was so you had a chance to make a profit during that time no matter what time you bought (so long as it is within reason and you never bought at the peak)

Are you guys not convinced that we're already on a bull market? the bottom for this year was $3,400 and we are still @ $8,100. It was moved up to $13,000 and that convinced everybody that we're on a bull market.

And right now that the market has plunged and bitcoin went lower, everyone seems to see this now as a bear market?

Exactly. We are down from that price which is still good even though the market is correcting now.

Pretty much to say we are still in the midst of the bull market, but because of the recent plummet of the price some people are considering the start of a bubble or us are back in the bearish market again, well, in my opinion, the price is still high and $ 8100 USD is a solid price for bitcoin and it is holding its ground despite that someone of somebody is making a move in giving the volatile movement a downtrend, I can not say if there are whales that orchestrated this or an exchange that dumps a portion of bitcoin or hacking of the system that has never mentioned by the news, but in my opinion, we are still intact in the bull market the price is still good for me.

If someone knows I am pretty assured we are all in a good wealth now. I don't know what tools we are going to use in identifying what will happen next, a bull run or remain in a bear market. Even though how expert on TA will also have a mistake(a majority of them). Here is my conclusion that it will remain bear market, I have a strong feeling of doubt of what is the reason in a sudden dip on this week because on launching BAKTT. More investors or whales transfer their investment. IMO. Well, don't mind it because that is a cause of wild imagination, always bear in mind that only strong hand will have a better future and get massive profits for those who will wait for a long run.

This is exactly it. Dropping further and further before the halving? Heh, that would only trigger a crazy pump that would need to correct afterwards. But no, the pressure from the bulls is there, halving is coming. After, yes, bear cycle probably.

I don't think we should call it Bull or Bear, because the market is in the process of adjusting prices. Bitcoin increased rapidly in Q2 when it increased from $ 3000 to $ 12000. Having long-term growth causes the Bitcoin price to quadruple in half a year, which makes things move so fast, so price adjustments appear. Price adjustments help the whole market return to its original trajectory.

I think that we are still in bull and following EMA or triangles is not going to tell you with certainty in which cycle we are. We were in bear but did not go below 3000 and instead doubled that in a few days and went past the crucial level of 6 and then 10 thousand. Now we are in a crash from that level but this doesn't have to mean a full long bear cycle again. There was no all time high like every time when we crashed and entered bear market.

It was only a short pump followed by a short dump. Until I see us go back below 5000 dollars I'll say we are in a bull market.

I think so too. Prices should sky rocket after the halving it only makes sense. I hold onto my bitcoin for then.
Panic sellings are weak let the weak be picked off when they dump and lets hope they never come back.


Yes, it is sorta inbetween isn't it. No clear winner so it is unfair to say.

Why such a question is now being asked because of the recent drop? Where are we the whole year of 2018? Where are we the 1Q of this year?

Look at the past performance and we can fairly say that we already past that bloody bearish market.

And a quick note, not because there's a drop, it can be considered right away as a bearish market "as a whole"*. There's a given timeframe for that for us to conclude that we are now again at the bearish market.

Bear or bull period is actually very subjective. It depends on where you are basing your timeframes. So for instance, when the price drops this week, it might be considered bear period as compared to last month but would be considered bull if you are referring sept last year. So I don't think we can get good arguments in terms of bearish or bull market. It depends on what point you are referring to.

Well if we consider the time frame since the beginning of Bitcoin market then we can say we are still on a Bullish market, cutting it from Jan. 2019, we are still in a Bullish market but the factor that we should consider most is the market sentiment, that dictates whether Bitcoin is bullish or not.  Consider the recent (quarter) market time frame, we are still on the bullish market but it seems Bearish market is starting to take phase.

the period of decline will is continuing because I read the news if Bitcoin will touch the price of $ 6000 or $ 7000, and I'm sure after the decline in the price of Bitcoin then Altcoin will rise. the condition market is currently still in red and we don't know how long that's it will hold. remember, before that you must be prepared to buy Bitcoin at current prices cheap because it is a good opportunity.

How if we can say that we are in the bull, but we are also in the bear? Because the market still on the highest price than before, but at the same time, we are at a low price than the last higher price. I think the price will be back to the higher price soon and related to this moment, and we need to control ourselves to wait for a while although the price seems to stay at the lower price, if you check on the market, the price still struggling to find a way to increase the rate. Maybe soon, we will see that bitcoin and altcoin will rise and meanwhile, right now, the altcoin is trying to get a new position in the market by increasing the price.

the latest condition now in the cryptocurrency world is that we are in the bear market period. the price reduction from $ 10,000 to the price of $ 8,000 can be said to be a sizeable dump. in addition, it has a considerable effect on almost all altcoins. This makes the bear market happen. so far, I see that the decline continues, and the price of bitcoin is very easy to touch the $ 7000 range. I hope prices recover soon this year.

Yes, now we are in a bear market period, but we will not be here forever. Volatility nature is that we are going in from one period to another, and vice versa, it`s how some people make a profit, waiting for dips to buy and then selling on tops.
Nobody can say when will be the end of the bear market, to short now is a crazy decision, the price can stop falling and start rising in hours. I recommend holding your funds now, and if it drops more it will be a good buying opportunity. This drop can turn out to be temporary.

We are not in the bull market for sure, therefore we are in a bear market, you are talking of the entire market here, we cannot call a bull market even if BTC is moving up because it has to be th overall market situation.

I think even if BTC will start to recover again in the last quarter, we are less likely gonna see an altcoins rally in the last quarter since BTC has to rise over $13K or make a new ATH to make is happen, that's my own analysis.

Well, I'd never heard such news and even if it soon to drops down back to $6k, but I've never thought that it could still consider as in bear season. That is something we call market preparation for the possible bull run early next year as halving occurs.

But all the news that you've heard I'm still confident that the market won't go much lower as you heard. Still, we can't assure that it makes a huge dump or pump before we end this year. I hope, it is just a FUD's... ;D

Who told you that BTC has to be constantly making higher highs to be in a bull market? If Bitcoin went to 12k and then corrected to 8 like it did in the last days followed by another pump to a new high it would be great and a clear indication that we are in a rally to a new all time high, but it doesn't have to do it to be out of the bear market. Bitcoin bear cycle ended when we went back above 5000 dollars and stayed there. As long as we keep bouncing between 10k and 5k we will still be out of the bear market. You have to look at the big picture. Days or weeks in a life of an asset don't indicate anything but a temporary mood.

Bearish sentiment across Twitter, Reddit & Bitcointalk has not been that high since Dec 2018 +  folks start calling the bottom:

https://i.imgur.com/9qZR4Ta.png

I would call it as a bear market since the price was starting to reduce to unexpected $7k range which is unusual as to someone predicted that it would stay $8k range. And my bullish price is the $10k range which is seemingly stable for a period of time.

Now would be the best time to buy since this is the dip that everyone was expecting to reinvest again after selling. Don't be too greedy to wait for another dip you might regret it if the price starts to boost beyond $10k.

We are expecting for the bullish season but it somewhat we had failed again just like what we expecting last year. It seems to be that we are going to drop down more and go back to $3k, I hope not. It surely gives disappointment for those who are expecting another $20k and quite much more for those who invested last 2017. 
What do we have to expect to happen next? Still unknown, holding is quite a big help now rather than to keep buying.

If you look at the macro timeframes you could say that we've just printed a lower high which is not bullish at all, but personally I wouldn't get full on bearish until we don't break the $6200-$6500 zone. That is what my technical analysis skills tell me.

On the other hand my opinion is that we're just retracing for accumulation then the institutions will pour their money into the market and give a massive boost to Bitcoin. Keep in mind that I'm not a financial advisor so you shouldn't follow my advice.

For now, it is on bear season for sure, I am guessing for another short term it will continue with bear run but at the end of the deal when it is over and price hits the bottom and can't move the middle term will be stagnant, it will go down first but then will stay there for a while without going any further down but not going up neither.

Then of course, the bull season starts after months of falling and months of staying still there will be days of going up. That is the problem with bitcoin, maybe it is the whales or manipulators who want it this way, for months it goes down, for months it stays same so people who want to make money can't get out but the ones who get out and will go back in at the right time waits patiently, then BAM! one day it goes up like crazy and in a week it is 4x price.

Bitcoin has had a sharp fall in the last two days and perhaps that will continue. It is difficult to predict the direction of the market at the moment, but I still hope for a good future for the cryptocurrency market.

I am pretty much bullish after the rebound happened at $7.6k. Bitcoin rallied insanely from $4k to $13k which needed a correction. That correction never happened until now because of the bakkt performance which wasn't up to the mark. But the low hit wasn't below the $6.5k and hence, shows that the support is pretty intact and has volume. I am bullish in short term for the cryptocurrency market unless something big comes. The global market is going through the early sign of recession which is another reason that crypto could act as an alternate investment option. 

It seems that the Bitcoin price was starting to get stable at $8k(i hope not) but if this is where it want to stay, then we must have to start to HODL. Cause it will take a little while before Bitcoin gets back to the previous stable price at $10k, and again the unexpected event suddenly happen or I might be wrong, I just need a little more time to find it out if this is the stable price.

The June top was a potential inflection point. The answer is not clear yet. How the current pattern unfolds will define whether the rally since December 2018 constituted a new bull market, or whether it was just a bull trap in a long term secular bear market.

My bet, based on historical metrics and the rally's impulsive behavior, is we're in a new bull market. If I'm wrong, I believe xxxx123abcxxxx is correct when he says:


Meaning we could potentially decline to the $5,000s and still comfortably be a in a bull market.

Right now bitcoin is trading at a price range of 8,100 $. If we look at the bitcoin market at this time the bears are still in full control of cryptocurrency and without a big push from bulls.

It is indeed very difficult to predict whether the market will continue to be bearish or will turn to bullish. But I hope that next month the bull will fully control the bitcoin market.

It's all relative at the end of the day. If we fall to $5k then it's possible that what we have seen this year was a bull run within a multi year bear market. I would consider a revisit of $5k to be super bearish.

In that case I wouldn't even rule out a retest of the 2018 low of $3.1k. We have gone up too hard without building any support so don't be surprised if we go back down in a similar fashion.... a reverse bull run that is.

When the price goes down even those who bought higher will have a breaking point and dump their coins out of frustration.

i agree with you in regards to being a bull within a bear, but I disagree about support. At this point in time if bitcoin hasnt built solid as a rock support in the $4k-$6k area, there is never going to be any support at any price.

I don't want to be negative, but it looks like the bear has somewhat sting the bulls in recent days and they could be in control at least at this point. I agree that we are in the oversold region for quite sometime now, but to see the price totally pull on the $8k levels today, it's possible that we could revisit the lowest low we have so far last year @$3k and this could be worst for everyone here, so just prepare for anything.

Definitely a bear market. the market is going down, people are cashing out and altcoins are down to hell. When the market is bullish you can see coins gaining 10%-20% per day. Everybody is buying crypto during bullish market because there's profit everywhere.

It's sad but true. We are going sideways hovering somewhere between $10k - $8k but if you zoom out BTC charts you can clearly see that overall BTC is going down. But I must say that you're totally wrong about bullish markets - 10% - 20% gains are unobtainable and are just unhealthy for organic growth

honestly. i think we're in the bear market even bitcoin will continue fall till end of april 2020 ; then it will start recovery little
the crypto generally growed a lot since the big fall last year without some good correction
we may expect domination of down trend for next months

Its hard to determined what is the season right now but as of now I think we experiencing bear market especially a lot of cryptocurrencies are on downtrend. We are now in the last quarter of this year 2018 and we expect that it will be the start another bull run and I hope it will totally happen so it will be a great time to all traders and investors.

since yesterday the price of bitcoin fell to the range of $ 7k, it made many people panic, and it shows that we are currently in the bear market zone. however, at the moment bitcoin prices are recovering slightly and going up to around $ 8k. Well, we really have to prepare for any conditions, but I started to feel that this month the price of bitcoin will recover and we will enter the bull market zone.

I feel it's too early to comment on anything as of now due to the trend which crypto is going through for past one year or so, we were expecting a bull run during December which never happened, when the market was recovering it was not all the altcoins which recovered rather it was just bitcoin and then ETH to an extend and the market situation remains same for altcoins which it was last year with exceptions that some of the coins are already dead.

Descending triangle pattern was in the formation and yesterday monthly close invalidated it and the pattern got inverted. This is a bullish signal and the correction which happened because of the underwhelming response from the Bakkt has been exhausted. Bulls have taken over the market back again.
Short term signals are bullish. Though the panic index is increasing but that is more of a lagging indicator.

Right now its very hard to judge the market situation from the past 1 year we never seen some specific changes in the top coins apart from BTC and ETH which showed some descent improvement after a bear market last year. Bakkt launch was a big expectation for the investors but things didn't go well and we are again facing some major downfall in BTC these days as well. let's believe things will bounce back soon and will see a pump in upcoming days.

It seems right, and we can't greatly expect that this Bakkt will give a positive impact on the market.
Have we failed our expectations again? It is like to see that we are in between the bullish and bearish season, not quite that bad and we could still making money around. We are might be desperate because we never saw bull run again but again, we can't dictate the market as it runs according to the market demand.

Market is never objective it's always subjective so looking at the current scenario all I could say is that we look bullish shorter time frames which are the 1 hour and 4 hour time frames. We look strong and upward trending on these charts. While when it comes to long term charts like the daily we are sort of bearish. While when we see weekly chart we are moving sideways. So depends upon your time interval market is dropping different types of hints. So make your decision accordingly.
Rightly said you can check out the same interpretation made posted here by me yesterday : https://bitcointalk.org/index.php?topic=5188889.msg52607399#msg52607399

The bitcoin price runs in 4 years cycles, at least since its beginning. If it doesn't change, then 2019 should be more or less like 2015, that is, a relatively boring year of recovery in price with a mini bull run by the end of the year. The bottom should be around $5k and a few months ago, but the value is yet to be seen.

In my opinion hodl and buy would be the best strategy, because ends of year are always bullish. Then diversify a little in the altcoin markets next year and wait the next mega bull run that should happens in the year 2021.

You wouldn't be the only one. And it would certainly feel bearish. In Elliott Wave terms, the rally from $3K to $14K may have been Wave 1 of a bullish impulse. That would put us in a Wave 2 pullback right now. Wave 2s can go very deep because there is confusion about the direction of the trend.

I don't expect to see the $5000s but that's the bottom range of a "normal" Wave 2 retracement. I would also be looking to the mid-$5000s, where the 0.786 level and the upside pivots from this past spring are rather than $5K.

Last year's end wasn't bullish at all. A lot of longs were crushed when we fell from $6000 to $3000 while people expected a bull run. I get where you are coming from where usually, seasonality kicks in in the fourth quarter, but it seems that the market had other plans last year. I was expecting the price to go up too and paid the price for it.  :-X

I would only consider going long on altcoins when they have consistently been indicating that the trend has actually changed. Right now that is not the case so I rather don't touch any. People have been trapped two or three times now with the altcoin pumps thinking altcoin season started.

At least to me the market is neither in a bull or bear state, you must understand that the markets cannot be crashing or going up all the time, so it is very likely that we are going to stay close to the current levels for months, if you are an investor this is a great opportunity because you will have many months of stable prices that you can use to buy bitcoin or any cryptocurrency that you may like but if you are a trader this means that your profits are probably going down during this period.

Right now? It is obviously a bear season. I am not entirely sure what constitutes a bear season tho. Like for example, if only whales sold bitcoin and price went down, is that whale too? Or does it have to be many people selling many bitcoins and the people thinking bitcoin is not good for business right now?

I feel like we should consider the % drop as well, 20% drop is not a bad one and could be considered a bear season but it didn't moved much ever since so it is not keep going down, is that bear season as well. We all know we are not in a bull season right now, that is at least guaranteed because we have gone down 20% in the past 10 days, which means we are not in bull but just because we are not in a bull season how can we say it is automatically bear season all of a sudden.

Bull and bear are long-term trends. Trends are often develop over long period of time. For example, in year 2017 Bitcoin rose by 400% so we can Bitcoin was in bullish trend in 2017. What you are asking is short-term trend. In short period, we can't say anything is bullish or bearish. Rather we can use the terms like rallies. So yeah, if you asking for now , I would say we can see another rally coming and Bitcoin price may jump above $10K again in October.

Trend classifies in a continues movement in a span of time, like keep on increasing or declining. We can't say that the market now is bearish since not all altcoins remain bloody in a day or two same with being bullish. I myself considered atleast a week or months to identify the trend. It is for not to feel so worried everytime the prices drops.

I think we are now witnessing another the bear market because we are having more dumps and fewer pumps in the market. 
Though, we are expecting to see another huge market bull run in the fourth quarter - Q4 of this year 2019.

No wonder Augmento's indicators say Bitcointalk sentiment is at rock bottom. I am loving these bearish attitudes you guys! People are usually extremely bearish when price is bottoming out, so this is a sign that the bottom is near.

The price action still looks bearish on lower time frames but between my EW count, the major fib/pivot supports below, and this bearish sentiment, I'm starting to get bullish. David is seeing bullish signals on the weekly time frame as well. (https://bitcointalk.org/index.php?topic=5140701.msg52619282#msg52619282)

It's always darkest before the dawn. ;)

Seems to me to be just a fluctuation.
A normal one.
Nothing to be scared about or even be excited.
Aint a bull or a bear. It is just how the market goes.
Same goes with bitcoin even up until now. Even with 1k USD down it looks like a normal one which did happen before.
Good thing is we could buy now and replenish some BTCs.

Bearish for the moment but in my own opinion the market is still bullish, meaning that when bitcoin finally makes a sustained movement in either direction its going to be upward, and likely toward its all time high.  Think about it.  Bitcoin was well over $10,000 and only dipped *somewhat* to $8000.  That's because traders cashed in their profits, which is a smart thing to do for any of them.  It is not likely that bitcoin is going to crash further beyond $8000.  It could happen but I don't think it's likely.  Thus we're still in the bull 'season'.

No we're not.  A bear market means that an investment has lost roughly 20% of its value over the course of a year.  Bitcoin lost that much within a matter of weeks, but its still up for the year.  Remember what the price was last year?

If you are an active or daytime trader, looking the market trend is too stressful that's why it's better to look the price for a week or so to justify what would you do. But for some speculators/traders watching the market is essential because this is the only way they can follow the trend to make their TA.

In a long term perceptive using the monthly chart as a point of reference  the price of cryptos is bearish while on a short term its bullish i.e good for experienced day trader, hence the market is bearish now (short term ), however the price might have reached a support at $8100 thus indicating a possible bearish runs as we approached the last quarter of the year thus there is the tendency that the prices of cryptos will be bullish before the end of the year.

We are looking like in a "in between" zone right now, we are not bear anymore because the drop happened and it is over now, we are not dropping any further, which means the bear is over because if we were in a bear season that would mean we would have to go down but we are not right now.

Bull is not even near us right now because it didn't went up anytime soon, last time it went up was probably over a month ago (I can't remember) so it is not in a bull season neither. We are just stuck right now, it went up from $3k to $13k and to $8k and now not moving, if it goes down then bear season didn't ended, if it goes down then bull season started, but until it makes any moves we can't call it anything right now, that is why I call it the "in between zone" because right now it is neither of the options.

Not only monthly but we should make price chart observations on daily basses better not to announce any price for day traders with out any proper knowledge. For day traders it need to make your own analysis than to trust any other persons skills. I know after long run bearish now it has stated to become bullish but to see it completely bullish we will have to hold.

I would not call it a bull nor the bear market. If Bitcoin goes back to 10K USD, that will be a bull market for me, and if it goes to under 7K USD that will be the bear market. Right now, Bitcoin stays in the middle. That's mean we don't know what gonna happen next. The price chart says Bitcoin's price will go up, but we know the price chart is not always.

Obviously it is a bear market.
But there is something good in it. We could use it to buy more and then maybe sell later.
It is like the market is telling you to buy already. This could be a short one and the price will be seen up again in a short time.

Bear market somehow gives chances to those who want in at a cheaper price and this might be the cheapest of all after some time.

The figure still low since we already came to that price few months ago and suddenly the price go back to 8k level so there's no bull happen but I think a correction with the prices, but if the price would cross to $15k mark then it's an indicator for us that we enter the bull season and provably it can trigger people to hold to earn more with the surge.

That's the risk following those many predictions around, most of the time what being predicted won't happened but instead it will turned to the other side. Making your own observation and assessment will help you to decide to where to place your position. If you have good understanding and enough knowledge to make your assumptions it will be follow by patience and calmness to continue holding your assets.

But some says this is effect of BAKKT ,the opinion of people are divided about this issue ..

But for me just like your opinion?This is a cycle of market to prove how healthy it is and can be trusted since the prices are moving ups and downs

Also this favor those day traders because all thy need to do is speculate which coins will grow today or fall tomorrow

All and all?crypto community benefits from this

We are still in bull market.Price at 8K is not bad.Most traders was expecting to hit 10K at the end of the year
But bitcoin went parabolic.It was to fast and to soon.Dominance from over 50% went to 75% .I think it was liquidity problem.Now BTC is more or less stable at 8K. It looks like accumulation time.Longer accumulation stronger rebound will be

We are in the small bull run for the altcoin ;D

The altcoin price can show the power for a moment while the bitcoin price does not increase or decrease, but we will soon see the real bull run coming. But the bear market still appears at the market now and it still there waiting for the time to leave the market. When the bear market is leaving the market, we will see all altcoin will trying to compete to raise the price. We will see the highest price from every altcoin, and then bitcoin will increase so high.

That is definitely one of the challenges, those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.

All I know is that every coin have their own bear and bull season, it could get to a point where the season will coincide as a result of a factor that will give way for that, but naturally, all coins are independent of one another and if they are fully functioning very well, they should have a time where they will be favored and vice versa, according to how active they are in the market.

Bitcoin is already out of the bear market, and reason being that it is a very active coin, people use it a lot for payments and for investment, so the law of demand was able to act on them, but for other altcoins, I personally still don’t have much reason why I should use them when bitcoin is serving virtually all their purposes and I think this is what is affecting the market of most altcoins.

While it is true that coins can move independently from each other the truth is that all coins are correlated and move in similar ways during the same periods of time, the exception to this is when there is a very high hype for a particular coin and this makes it to move up when the rest of the coins are static, another way in which this happens is if there is an extremely negative news about a coin and this moves the price down, but if you look at the charts you will see that most coins still move in a similar way.

Near term we are bullish as price battles 200 day moving average.   I think we are clear for a run upto 10,000 but I believe we get profit taking at that point and the true measure of BTC strength then comes into play.

https://i.imgur.com/RiVXMgF.png

On a wider picture price today rose well but now have a double hurdle to pass with also previous volume in this area, both this year in spring and previous years going back to 2017.   If we can confirm above this point on a 4hr bar then I think progress is clear to stage a proper rally but overall for this season I have the determination to stay quite bearish.   Whereas from Feb onwards the correct stance was to recognize a series of rising low prices was bullish.

Exactly. This is crypto, unpredicted, we should just know how to go with the flow, meaning, we should study well on which coins we are investing/trading at.

Let's focus on few coins, let's make sure at least that we have knowledge about that coin, their strategy, what is the vision of their company, because most of the coins nowadays are just doing pump and dump strategy just to call the attention of investors/traders, let's be careful with them and study well.

When the bear market is finally over, the coin that have that potentially to follow an increase after the bear market are basically the coins that are the best on exchanges, those coins are going to be the main focus of people when bitcoin goes on consolidation, the sideways of bitcoin will make people to start purchasing some of these coins.

If I go to the market to shop for coins, I already know the older project which I don't have to read their whitepaper again to be convinced about them , they are already big and popular, so I will invest more in the, I mean coins like Ethereum, ripple, Binance coin which I think that there is an opportunity for people to invest in Binance now as it has dropped in value, so we those altcoins that are very low in rice and yet are counted as tops are what should be invested in.

You give a reasonable advice, there are many people out there that only think on the profits they can get and invest in an obscure coin that no one really knows because they want to get 100 times their capital not realizing that the risk they have taken is immense, it is better to invest in well known coins like ethereum that have a good chance to double and even triple your money during the next years if you are just patient, but those people will never understand this lesson until they lose their capital.

we can be said that its a volatile season for crypto because the price goes like  this > bear and then bull and then will go back on bear again ( as of the moment of this writing )  .

last year 2018 was a bear season because there are rare occasion of bull runs  and last two years ago was consider as a bull season  .  on the future  , my only wish is that the price will be less volatile and better it only becomes stable at 11k or higher   .

We're still in a bearish period and as of todag the chart is showing that its gonna go down below $8k but its a opportunity to buy more since it will rise up after that just like the year 2017.

It's a good sign to make a buy position and make an observation whether if its gonna go that down or up since the markrt is unpredictable.

The last quarter of this year might be a bull run for alternative coins. Some have lost significant value amost over 90% from their all-time high. XRP has demonstrated this and let see if others will follow

You cant call it "bearish" the current market condition right now. Instead, we are stabilizing at some point. To be specific $8,300 since last week. We have gotten away with the bearish season,and that was the time when we're floating around at $3,000 for several months. Bitcoin became even less volatile today.
Some speculations says we are in an accumulation phase, getting ready for the bull run next year.

I have same though, i think bitcoin more stable for now. Or at least we can see lowest price on last bear trend is already over. That is why price stable like this or maybe dumped a little for correction and be ready for next pump. People free to speculate right ?

Whatever it is, either Bull or Bear this end of this year, it will be up to our strategy how are we going to have profit on it, some people don't care if it is bull or bear as they trading or holding for just short term, they are happy with the 3-5% profit , buy low, sell high, they do it repeatedly and they are earning much because of this strategy.

Exactly!  We should not use the conventional approach on how we monitor forex and shares.   Crypto is an entire different, extremely new set of asset class.

It was already a bullish because Bitcoin already reach a highest dominance record of up to 70% for this year but for somehow it was interrupted for some reasons like many reported hacking incidents on some exchanges, big whales traps and Donald Trump openly criticize Bitcoin in which he might enfluence some businesses to withdraw their support and interest on Crypto currency.

the truth?we can't tell mate because market is volatile and even "experts"has difficulties to predict market now.look at the graphs and you will find that the ups and downs of prices is getting hard to speculate

but for those who can wait,for sure prifit will wait them as well so if i were you better to keep an eye for the prices of bitcoin and ethereum since these two has the most stable price as of now

Technical analysis is not enough to actually predict the future price of coin for us, but we have to also mix it up with fundamental analysis, but I don’t know why we bother about price increase now when our investment is for a long term purpose.

We deal with a coin that is already sure of having a very big future, and the big  future will also come with a high rewarding value, so come now or tomorrow, the value of bitcoin will surely increase to over 10x of this current value, so except that we are short term traders, or day traders, it is best that we just keep our prediction for now, and just believe that the value of bitcoin when the supply is very limited and scarce will really be big which will surely be announce when the particular period of time comes.

I see that many want to see a bull run for altcoins, but why do you think it could happen? Just because the price of most altcoins is very low does not necessarily mean that it is time for them to go up, if we begin to experiment another bear season it is unlikely that anyone is going to invest in altcoins to try to protect their money, what they are going to do is to either keep holding bitcoin or sell their bitcoin and buy fiat or stable coins.

we speak crypto, it doesnt mean to bitcoin only, but bitcoin and altcoin too
i see bitcoin and altcoin have different season in this time, altcoin even top 10 altcoin is suck,it is still hard to pump.
bitcoin is better, it has increase around 150% from ATL in this year. it's good enough :)
you can see this chart, i compared bitcoin and some top altcoin (ETH, XRP, and XLM), this chart is macro view and clearly tells the season

https://www.tradingview.com/x/lARYs1gm/

It will be hard to have a bull run if bitcoin price is still down. Few more days before the year end, and the bull run might not happen. I’m just waiting for bitcoin to hit $10k again, and if that happen I expect the price before the year end to go up for more. Bear season is still with so many coins especially on bitcoin, we need to wait.

Funny thing is I always look at the bitcoin market as a bull season even if the price goes down.
As long as it wont reach $300 again then I am good with it.
I already made my profits so I am in for support at bitcoin by now.
I want to see it reach heights that havent been reach by other vurrencies before.

What many enthusiasts of the market of cryptocurrencies are expecting at the end of the year is not precisely a bull run in which all coins begin to go up in price, what they are expecting is an altcoin season, they want altcoins to go up in price while the price of bitcoin begins to go down or remains stagnant, but the possibility of such an event happening are very low considering the weakness that all the altcoins are showing against bitcoin.

Don't be too afraid to see the current price, although we are often hit by the bear season that does not mean it will continue to fall forever. One thing that is certain in investing in Cryptocurrency is that you will profit at the right time, don't rush to sell it or you will get loss. There are times when we enter the bull season and we will get enthusiasm again from the people, then it will touch the new ATH. In calming my mind, I always remember these words "Just because it's stormy now, it doesn't mean that we aren't headed for sunshine". We just need to fight for what we believe. Cheers!!

It's hard now, when we can see almost altcoins is in the bearish trend. We still in a downtrend market, and we don't know when it'll stop. Marketcap is just $ 200B now, we need a new inflow. Maybe the next halving event of BTC will be the best time for uptrend start.

Next halving of BTC might go either ways and I feel there are some newbies I mean small and mid level contributors have withdrawn their funds especially those who were expecting for a quick profit and we might see some sort of improvement only if any major organization decides to enter the crypto world or else we need to be dependent on whales to cashout when the cashin.  We don't know if we will ever have one more bull run or things will improve gradually without any noise.

Yes, I'm a retail investor too, and I usually cash out when I have profit, because market is too risky now. We need inflow from institutions, and Libra of Facebook will be the best project for the market now, to make it growth again.

I am quite happy to see people as grateful as you are. I am also quite happy to see that the price of bitcoin is quite stable at the price of $ 8k so far, even this has happened after its decline last June. I think that at the moment most crypto doesn't experience bears or bull run. Well, until now the price of crypto has not raised the potential that could rise to tens of percent. however, I think that currently, the price of crypto will be ready for a bull run. prepare yourself buddy

Bull run might or might not be same like it was in the past as there has been so many price corrections and even if we have price increase it would be gradual increase I believe. You are right at this moment most of the crypto doesn't experience bull or bear market rather they are fighting for survival and wherein some are stabilized, one thing is for sure that the bitcoin does not belong to the border of $8,000 as it has potential to rise further but its all just a matter of time when it will happen.

Still bearish phase until year end I would guess.   When I look for some rise, the responce appears to be quite weak, if it does rise from an area of some support its not really running like it was maybe 6 months ago.    It'll likely come around again but I would say its resting for now, the timelines need to align together to produce bullish moves as its not just a random or common thing.   When we have the wave, the tide and the season all setup for a rise we'll get more of a slingshot move but for now its just stormy if anything but most often just cold and quiet imo.

https://i.imgur.com/T7c1bSw.png

Heres a very short term look, see if we can hold above 8050 for this moment as a line in the sand.

if you simply delete one or two days from the past 6 months you can see that there hasn't been any bearish trend for 6 months! price has been rising with a strong power and we only had a single correction that took place after reaching the highest price level this year at $13880 then we had one single isolated drop that only needed half a day to bring the price to this level.
i call this a bull market that slowed down. if it were a bear "season" then price should have slowly declined in multiple steps down to this level or lower instead of having only 1 big drop in half a day!

That is definitely a possibility but I wonder if things are changing and there is a possibility that the bull market will come any sooner, the market has been growing during the last two days and the movements in the price have been extreme, maybe this means a new bull market is coming but this could also mean this is the last attempt of the bulls to try to start a bull run and if they fail the price could go down for the next months, it is too early to tell but now more than ever we need to watch the markets very closely.

Another attempt might be before ending this year, the bull is trying to come up strong and making things potentially to overcome the market.
If this trend continue to workout and build a strong barrier bull might gain strong support and start to move upwards and try to reach another
peak. Hopefully this sign of quick bounce continue and make a much better progress in terms of value.