Wow, the bears are back, if we're not careful they'll eat us too :)

[LeGaulois]

It has been stabilizing for a few hours at around $5,000. The drop needs to be 8%-10% to be called a correction. But it doesn't matter a lot, just another opportunity to buy at a bargain, only the Day Traders have to be worried.  If the next week Bitcoin continues to rise, even by a little, I think I would say we're now entering in a great period.

[Slow death]

Damn, the bears are back, guys!

Not even 1 month has passed and you soon thought the bears are back? and if it is a price increase followed by a large price drop? we need to stay calm and watch the next few months to know how the market will behave

What do you guys think we should do? Cash out now to cut losses or we should stay on the market this is just a mere correction? 

The question you should ask yourself is:

- What is your profit target?

Example: If you invested $1000 when the price was $ 6000 and you expect to make a profit of 500% in 3 years, then obviously you should Hold. everything is depend of the objective of the person and each person has its own objective

[STT]

It doesnt qualify for this description, it rose alot and it fell back which is natural movement.   The highest point matches pricing in the autumn fall so fairly predictable, I cant class it as bearish then especially just speculators will sell at certain points especially people who have borrowed to do so



A proper pullback would be to the 200 day average which is 4600 or so.   Its buoyant so far

[Adriano2010]

These days is up and down and again up, but maybe most of people sell their altcoins to bitcoin and this caused the price drop for altcoins, we need more time to see a bull run, but maybe this month bitcoin will hit 7000$.

[buwaytress]

Bear, bull, guys come on. A spike happened. Things slipped, then picked up again, slipped at the time you made this thread, then is climbing up slowly. Don't know where it's going for today, tomorrow or this weekend, but it's no bull or bear stampeding through the market. Just the typical Bitcoin melodrama we should be used to now.

BTW, I wish the bear were the good guy. He's much more lovable than the bull. I've eaten bull too.

[magneto]

Firstly, the bears were never fully out in the first place. I'd say that if there was some sort of measure of traders sentiment, it's still swinging towards the bearish side. Investors don't expect this rally to be taking prices up anywhere close to an all time high when we've just gotten past the period of sideways movement at the price floor.

Thus, a correction can and will occur as soon as there is resistance, and this time it seems to be at $5k. It's nothing out of the ordinary - in fact it was a matter of time.

I wouldn't panic at all. I think that there may still be some more time to go before this rally ends and a real correction comes, but if one does com, it's simply another opportunity to dollar cost average and accumulate BTC at sub-$5k prices, which I think is extremely cheap in the long run. I don't believe that we'll see anything lower than $3k, even if a big adjustment comes.

[Cosbycoin]

Lol, David killed a bear with his beer hands, so I think together as a community we can send all the bears in our market away, and besides the only way the bears can come into the market is by creating FUD which is no longer possible since investors are tired of hearing FUD news from people who later come back to becoming fans of the crypto market.

[Whosdaddy]

Lol, David killed a bear with his beer hands, so I think together as a community we can send all the bears in our market away, and besides the only way the bears can come into the market is by creating FUD which is no longer possible since investors are tired of hearing FUD news from people who later come back to becoming fans of the crypto market.

Learn from the past they say, one of the reason why I believe in the future of bitcoin and I believe most of the future ATH is because majority of the present investors are also still using this stage to learn more about the system and its operation.

Just like we have learnt lots of things from the past which of it is the FUD you talked about, now it will be really difficult for anyone to use FUD to panic anyone into selling, we are with BTC till it gets to its ATH, we are not interest in removing our investment now and finally our action will help push the bull forward and create a very big gap that will be too far for bear to catch up.

[arpon11]

Lol, David killed a bear with his beer hands, so I think together as a community we can send all the bears in our market away, and besides the only way the bears can come into the market is by creating FUD which is no longer possible since investors are tired of hearing FUD news from people who later come back to becoming fans of the crypto market.

That is truth "David the servant of the Lord killed the bear with his beer hands" I strongly put my views on the side of bull as a bullish trader.  I think the bear is afraid of coming out of it hiding.  The bulls are here with full force and I see this market heading towards $8000 by June or July.  Don't think that the cryptocurrency market is dead!  This market is hear to stay with us and we should be happy it is starting in our time and I know our future generations will be happy that this type of technology exist and they can used blockchain technology for transactions.

[wuvdoll]

Bears are not back at all, altcoins are trying to catch up with bitcoin but bitcoin is still on a bull run. For those of you who never watched bitcoin before the 2017 peak, when bitcoin went up all coins went down (as early as 2017 summer when bitcoin cash was coming up) so when you actually think about it this is not new, things were like this for a long time.

Moreover, on 2017 peak when bitcoin went up everything went up with it, for some reason they all increased together so all the new people afterwards started thinking when bitcoin goes up it means everything goes up but it wasn't the case back in the day. So I see this as not bears coming around but as bitcoin/altcoin relations going back to what once it was and one goes up the others go down.

[gabbie2010]

To be honest trend still on bear mode although we have seen little pump. I am wondering if bitcoin able to stay at least $4.5K for few days then we might see a small bull run. I will call bull trap on current situation and that's why we are experiencing small correction. It was expected for me. However, next move may be will $6K zone if bitcoin able to stay above $5K, but seems unable to stay.

Truly if the current price is sustained at $5K+ at present then we are in for a bullish run till $6K however I totally disagree that the price is still in a bearish run of course a temporary pullback or corrections of the price is imminent but that does not mean the bears will control the market as it is now I am very optimistic that the current bullish trend will be sustained how far it will last? its quite difficult to predict.

[STT]

^^ I think this guy is right, the way the price has sustained above 5000 like this is surprisingly bullish.   The ironic thing about pull backs is they are actually bullish for further gains, just a sell off from the froth at the top of the move is totally healthy and reminds me alot of the 2017 action and how people got scared but were not paying attention to the % moves in play.     I still consider this a strong move going back months now

[fourpiece]

If youre afraid bears will gonna eat you,  show them what youve got that you cannot be easily affected by these bear market. Just hodl and youll be rewarded.

[carlisle1]

Damn, the bears are back, guys!
I saw the market has started going down today as it erases almost $10 billion in the last 10 hours.
What do you guys think we should do? Cash out now to cut losses or we should stay on the market this is just a mere correction?     

Then what about the market now?is there any post you wanna do after shaking the forum.?

If you can post alarming thread then you can also put positive topic for same reason

Bears are gone and bull is coming thats the reality

[Alpinat]

It will be a hard decision to all of us who hold different tokens, Especially bitcoin it is hard to say to just sell of all our bitcoins just to say it will cut out losses there. Trusting in bitcoin and cryptocurrencies can lead us to something that we never expected.