are we out of the bear market?

[Baofeng]

so are we?? I feel uneasy making any trades atm... what you guys think?

If you mean that we are out of the price correction after the Chinese declaring banning bitcoin, then I would say Yes, because the price has already recovered and trading in a average of $4600-$4700 already. However, if you are not comfortable in this times then do trading but just hodl on your coins. If you are new in trading, then you have a lot of lessons to learned in my opinion. Actually the price volatility what makes bitcoin attracting to most of the traders. So I advise if you are not comfortable because of the current price, then take a step back and just observe the price movement.

[nightrider]

so are we?? I feel uneasy making any trades atm... what you guys think?

What makes you feel uncomfortable? Is that a big deal that's worth the trouble? Or is it just an opinion coming from your personal?

[p0peji]

so are we?? I feel uneasy making any trades atm... what you guys think?

If you mean that we are out of the price correction after the Chinese declaring banning bitcoin, then I would say Yes, because the price has already recovered and trading in a average of $4600-$4700 already. However, if you are not comfortable in this times then do trading but just hodl on your coins. If you are new in trading, then you have a lot of lessons to learned in my opinion. Actually the price volatility what makes bitcoin attracting to most of the traders. So I advise if you are not comfortable because of the current price, then take a step back and just observe the price movement.

The correction has only just begun, the initial indicator that we are bound for a correction was the drop from 5000$. We had our little bounce back up, but this is the best time to go short on btc as I see no reason why anyone would be inclined to take a long position.

[BitMaxz]

so are we?? I feel uneasy making any trades atm... what you guys think?

If you mean that we are out of the price correction after the Chinese declaring banning bitcoin, then I would say Yes, because the price has already recovered and trading in a average of $4600-$4700 already. However, if you are not comfortable in this times then do trading but just hodl on your coins. If you are new in trading, then you have a lot of lessons to learned in my opinion. Actually the price volatility what makes bitcoin attracting to most of the traders. So I advise if you are not comfortable because of the current price, then take a step back and just observe the price movement.

The correction has only just begun, the initial indicator that we are bound for a correction was the drop from 5000$. We had our little bounce back up, but this is the best time to go short on btc as I see no reason why anyone would be inclined to take a long position.

I just notice that more people right now are slowly buying bitcoins and there are still other people are confused to buy bitcoin we are not in bear market when people are encouraging to sell their bitcoin it is just afraid when the price was decrease from the news we heard about ICOs..
So its a normal that we can see large price dump happen with bitcoin but we can not change the future of bitcoin and i think bitcoin can be more valuable more than gold in the future..

[RealPhotoshoper]

so are we?? I feel uneasy making any trades atm... what you guys think?

What makes you feel uncomfortable? Is that a big deal that's worth the trouble? Or is it just an opinion coming from your personal?

I have the same feeling try to understand recent market situation.
Is it bullish or keep bearish because of the bubble? Pretty confusing for me personally.
So i just watching and put a little amount of money only to trade because of the doubts i got hmmm i thought it was just me.

[Snorek]

Bear market?? We have had an incredible rise in price over the last few months so I am not sure we are in a bear market.

If you mean the dip we had due to China banning ICO, its all part of the normal ups and downs and the overall trend for BTC is UP.

There is no bear market considered the state of bitcoin in 2017, these minor inconveniences hardly can be called bear market.
I can't promise anything but after thorough analysis of trends and market prediction it is  safe to assume that bitcoin price target to $7,500 before then end of the year.

Heck it might be even higher, just see that we are far above estimated price predictions for 2017 - https://www.cnbc.com/2017/05/08/bitcoin-price-hits-record-high-and-4000-is-ahead-investor-says.html

[pixie85]

If Bitcoin is up by 4000 USD and OP thinks we're still in a bear market then how does a bull market look like? Please OP answer this.
Is a rise by another $1000 going to satisfy you, or do we need to go straight to $10000 for the bear market to end? :D

[mastadonballs]

so are we?? I feel uneasy making any trades atm... what you guys think?

If you mean that we are out of the price correction after the Chinese declaring banning bitcoin, then I would say Yes, because the price has already recovered and trading in a average of $4600-$4700 already. However, if you are not comfortable in this times then do trading but just hodl on your coins. If you are new in trading, then you have a lot of lessons to learned in my opinion. Actually the price volatility what makes bitcoin attracting to most of the traders. So I advise if you are not comfortable because of the current price, then take a step back and just observe the price movement.

The correction has only just begun, the initial indicator that we are bound for a correction was the drop from 5000$. We had our little bounce back up, but this is the best time to go short on btc as I see no reason why anyone would be inclined to take a long position.

If you want short margin with Bitcoin, you should consider carefully, the fearing missing out of newbie or speculators very terrible. In past time, I just keep my opinion when the price of Bitcoin breakout $3,000 will correction of price soon make me take big loss with event Bitcoin increases fast to $4,000.