Bitcoin Forum

I am here since 2015. 2018 early shows the bear signals so sure about the bear. this time all the chnaged we can not gureentee about bear or bull. not gurentee we all are confused.

I think there is a factor from the big adoption of the joining of several companies and agencies that put their money in BTC and crypto. they come with such large funds, of course when they are still holding, we can still see the stability of the market.
to see the current market signals of course it will be difficult to see the presence of bears and bulls. the current guideline may be media coverage. we know how the role of the media can make a lot of people panic when the market gets media sentiment.

with the past week market shows of higher as rise by last weekend and move with the bearish drawing of 1300 i guess the following week gives with chance on trader to gains with more of return as volatility with the chart on market.

You’re not seeing bear signals because bitcoin isn’t even half way to the top of this price cycle. 2022 will be tge start of a crypto wide, multi year bear market. 2021 is mostly only up, so don’t start shorting anything.

how did you find that information? will there be a long crisis in all areas of the world economy that you say that?
bulls can happen at any time. so are the bears. we can't see it because the trend of market movements that occur also changes with the large investments that enter the crypto market.
but I agree with you that the bulls will still last quite a while. despite a large correction, the market will recover gradually. we've seen it happen this week. the market started to improve after a correction that was enough to make many people panic.

If market movements become predictable then it can never be a successful asset to be invested so unpredictability is one of the reasons why Bitcoin is getting more popular in a very short time.I think the market recovered fr 3rd time after the prices dumped nearly 20% from its all-time high which ended up bear in the previous run but now it is getting more diverse so people are buying more when they got the chance.

look like this crypto markets still in sideways my friend, for a safe trade maybe we should wait for breakout the resistance zone
but in my opinion, the bulls still control the markets now

Agreed, As far as i know the climate of crypto has been changed a lot since there are lots of institutional investors and then people are putting their believe in crypto and this makes the fundamental of crypto even stronger than a few years ago when crypto
The trend can't be determined easily and this time the market is starting to recover again. When the institutional investors will be putting their money to the crypto again and there will be another hype will be coming very soon.

So far, this is indeed the case. The cryptocurrency market is largely unpredictable and that is why it is interesting to its participants.
So far, we see that Bitcoin can grow further. Several recent corrections in its price have been very short, as the general mood of market participants is rather optimistic. However, no one knows how high bitcoin will rise in its price and what will happen next. The graphs show only one of many possible scenarios for the development of events.
The main thing in cryptocurrency unnecessarily not getting carried away. You should always be aware of the possible risks.

It has changed and if there are signs of the upcoming bearish market, it's not yet there. It's going to be visible whenever it comes and this time, we haven't seen it coming. I'm also one of those many people of the forum that have took time and experienced the 2018 bearish market.
That's why if there are signals or signs to be seen, there's really no sign that's found and it's too early to say that we're about to go on a bearish market. We're not yet going to experience it anytime soon.

Every day the market is being pumped and dumped. The market is now volatile. However, the net result of this pump dump is some amount of dump. I am not an expert but I think this is the bear signal. But before we saw the market went down very fast. But this time it is not happening. This time the market is going down very slowly.

These are the things that no one can predict precisely even if one is expert of technical and fundamental analysis still he can go wrong. Looking at historic cycles i think overall market is still bullish and next 6 to 8 months would be dominated by bulls so hold patiently for bigger gains.

Same thought here considering what happened last 2013 and 2017 where Bitcoin recorded its ATH after the bear market in a 4-year span.  I believe we are yet to see the latest ATH of the Bitcoin market.  Oh btw, watch out for the altcoin bull market after the Bitcoin market starts to transition from being bullish to being bearish in 2022.

Well there isn't any guarantee here in crypto, OP, but that's not a bad thing to think about. Seeing that coins like Bitcoin tanked and still managed to be up to those years til now and that's even 6 years from your starting point in investing here.
Some even invested since 2009 and might be thinking the same as you.
There aren't guarantee but that's something you should take advantage at.

There is no need to panic with the current correction. Before bitcoin reaches $60k, it will be a correction, as before bitcoin rises to $57k,
they mark it with a correction from $42k to $30k, then flies slowly and surely to $57k. Maybe the correction that's going on right now,
it's a preparation for the next level. The market will pump I think that way.

So, what your strategy to meet the situation, hold or sell?

Indeed, there is no specific strategy that can give 100%  the prediction become true. At least we just have 70% when we confident that our prediction is true.

Technically, I show the bearish signal has coming. Take a look at the weekly candle, there is a sign that bitcoin will fall and the bull market is over.

The fundamental of crypto can be easily changed based on the news that being published in the market. This time all of the things already changed. Sometimes the news can easily change the fundamental from the bearish trend to the bullish trend again. People are feeling so difficult to sold their bitcoin to the market and this helps bitcoin a lot to prevent it from the dump.
Even the institution was also holding it to dude. That's why bitcoin will not be dumped so hard like a few years ago.

It's because we are not yet in the bear market, we are still very bullish with some minor correction along the way. Just look at some of the top alt coins right now, they have surpasses their previous all time high already.

But I do agree that it is confusing to look at the market, because obviously, it is very volatile and no one can predict the movement.  But personally, the market remains bullish, just trading sideways and then later on we will have a break out run again.

Some days ago the market was so bloody and many people (especially newcomers) were so panic and selling their funds in a down market. They were so afraid that the bearish market would be still ongoing. I saw many conversations in the telegram groups, how their fear of bearish.
However personally, I am not sure that the bearish market will be ongoing. Probably that is only a bear trap.
Well, altcoin itself is not fully started, only happens to several altcoins.
And seen from the phase of how Bitcoin and ALtcoin bullish, I think there will be still a bullish market this year.

And that is right. Just prepare ourselves to be wise, not panic, and also patient. Panic will only lead us to lose. If we see our portfolio down, I think it is better to stay patient and hold it. We are actually not losing as long as we don't sell them.
However it may be different from the daily trader, the daily trader may use CL to take profits from other coins. 

It wouldn't show that we are in bear mode but at a point everyone will realise that. By the way, the market seems not like something that want to move ahead, it has been consolidating the past days and it's been control by news to stabilize the price buy even at that point, traders and investors are selling.
Why I also think bear market is in is that, there is lot of pressure sell right now and the inflow of coins into exchange has increased the past days especially bitcoin, and some altcoins that has been mined decade ago.

It's not only you but a lot of people who are feeling the same thing as you too. The institutional investors have been pushing crypto to the another level. More and more consideration was coming from the various countries. You must see that if there are lots of news were coming from the various parties and this news are about the international partnership between big companies and crypto platforms.
Crypto started to be considered as an important thing right now.

to me i dont see it as confusing, bear signs are always clear and this time it will be different because we have new members in the crypto family who are holding bitcoin for long and still buying more at dips. institutions and top individuals already throwing their funds into cryptocurrency. more will still join the train, for now we are still ranging.

The important thing is not about the bull or the bear signal because it will be difficult to know when that signal will come to the market. I suggest you to concern and focus on making more profit from the market situations because this time, you will have many chances to make a profit than the last year. The bull market and the bear market will come by themselves, although we don't know when the signal will come, so you don't have to bother when that signal appears to the market. And now, bitcoin price is back to getting the bull signal as we see the price increase and back to $50k again, and it could still rise higher.

From the bullrun in 2017 we had 7 ‘big’ corrections with a drop of 30-40%. We only had 2 corrections like these now. Not saying we can expect 5 more before we reached the top, but we could go a lot higher. But just make sure you buy those dips and take your profits at the tops and this will be a very profitable cycle.

As soon as we see a large drop in price, then a bear market has begun. I am not aware of other signals indicating the beginning of a bearish trend. I think many are already waiting for the start of the season to buy good coins. Maybe there won't be a full-fledged bear market at all. Market sentiment is very volatile and has become almost unpredictable, but this has its own interest.

There is nothing else to do but to wait and closely monitor all changes in the value of the coins.

I agree with you there - It's gonna be hard to call this one and know when the top is in - but I can tell you it's gonna be one hell of a ride - there's so much more happening this time around and with the new SEC chairman we could see the first Bitcoin ETF - fingers crossed on this one but if it happens this could get crazy

This proves out that crypto market could really fuck you up big time if you do tend to follow all of those technicals that you had put or formulate on.This had been a fact or known that
no technicals nor new will give out precise price predictions on where it would be going.

Got confused? Get used to it because the market had always been like this and you do need to do all sorts of analysis neither technical or fundamentals it doesnt matter as long
you do saw that it can really help you out into your trading career.

Its undeniable that current market doesnt really show off some possible bear signals.

This is small.phase of accumulation amd consolidation before the market make its next bullish move as this is the pattern commonly seen during bull market so im hopeful of longterm bull season this time aroumd that will stay for longer time this time aroumd.

You should never follow the analysis created by the bitcoin expert, just buy when it goes down and keep your coin until it will be going up. If you are following the expert and you will be confusing to determine when the best time to buy the coin.
You must enter when the bitcoin gets dumped so hard and it's a very wrong decision to enter into the market when bitcoin is starting to grow again.
Learn from the past experience and this time bitcoin is very strong dude.

Have patience buddy.  Crypto market is on the process of market correction since we recently experienced ATH for most of top coins as well as some altcoins. Few months or maybe weeks from now, there will be a movement/progress in the market.

For me who started investing in Bitcoin since 2016, the bear market that occurred in 2018 was the worst. I suffered a big loss at that time,
which I'm sure many people experienced the same thing as me. But that didn't make me give up investing in cryptocurrency. I started to slowly
get back on investing in several cryptocurrencies that I considered potential.

Finally, my losses have been paid off this year, because the crypto price this year is very bullish. I made a huge profit on my investment in a few coins.
I hope the price will continue to be bullish this year, because a few days ago it was bearish. But fortunately it didn't last long, because now the crypto
price is slowly recovering.

Don't get confused! Crypto market is still growing, so it is not a bearish signal. If we will see the bearish season in the near future, the prices of crypto coins in the market already started to drop drastically and continuously now. In fact, the price of Bitcoin and altcoins seems not stopping to grow again. With this fact, we must be aware that the bullish continues and the current decline is just a correction. Yep, still no bearish signals yet.  ;)