Relax, its just a hard market reset

[davit putra]

Optimist indeed needs to make us more patient for market conditions that are still in a difficult situation, keep holding and remain calm for 2019 there is hope the market will improve.

[peter0425]

Never lose hope. We can already see how the market is recovering. If this is what you called the 'market reset', then we can still refrain from our negative emotions. Glory days are coming if it'll break the resistance at $4,100, then bullish trend can be expected.

There's a lot of positive upbeat in the last couple of days and bitcoin is not closing again to that $4k barrier. I do hope this time though that we can stay and maintained or even goes to $5k in the next couple of months so definitely we need to stay positive as bear season might be over and the bulls are ready to retake the market again. Which means that we will see some changes around the last quarter of 2019 and start 2020 with a bang specially with the bitcoin block halving.

[dodgrad]

Optimist indeed needs to make us more patient for market conditions that are still in a difficult situation, keep holding and remain calm for 2019 there is hope the market will improve.

In the current market situation, patience is the most important thing. Signs of change in trend are beginning to appear, but no one can be sure that this is the end of price drops. At any time you can see another panic sell and the market reset will last for at least a few months more.

[Oceat]

Optimist indeed needs to make us more patient for market conditions that are still in a difficult situation, keep holding and remain calm for 2019 there is hope the market will improve.

In the current market situation, patience is the most important thing. Signs of change in trend are beginning to appear, but no one can be sure that this is the end of price drops. At any time you can see another panic sell and the market reset will last for at least a few months more.

For most people, patience is the hardest part for them to sustain especially if the market situation is very opposite to what they have been expecting. It's not all the time the market would be on the top, it would go bottom anyhow no matter what we have to expect because this is how people do the trading. Someone must win and someone must lose, it is just like a give and take.

[Upgrade00]

Relaxing and exercising patience is easier said than done. Especially for those who did not experience that previous bull run and probably both in at the very top and are at huge losses. But it's the only option right now, hodling and waiting for a spark to trigger a bull run

[arpon11]

Optimist indeed needs to make us more patient for market conditions that are still in a difficult situation, keep holding and remain calm for 2019 there is hope the market will improve.

This 2019  the market is definitely going to improve and we would do ourself good if we keep holding or even buying more.  The market is going to recover from the current hard reset that op said it is doing now and that means we should keep hope with the market in other to be able to make some profit when it finally recovered.  For me we should expect bitcoin to grow towards $10,000 this year and early next year another bullish trend that should push bitcoin above.

[ASHLIUSZ]

Optimist indeed needs to make us more patient for market conditions that are still in a difficult situation, keep holding and remain calm for 2019 there is hope the market will improve.

This 2019  the market is definitely going to improve and we would do ourself good if we keep holding or even buying more.  The market is going to recover from the current hard reset that op said it is doing now and that means we should keep hope with the market in other to be able to make some profit when it finally recovered.  For me we should expect bitcoin to grow towards $10,000 this year and early next year another bullish trend that should push bitcoin above.

The past year 2018 was predicted to make a big change in the market scenario. In specific the focus was towards ethereum, and to the expectation nothing big happened. Things took place in the opposite way reaching low to two digit value. As in the above quote we've got more chances to reach big around $10000, but everything will be known by the end of first quarter value.

[Kevin77]

This keeps happening and people keep reminding themselves market does have a market reset time to time. Yeah when bitcoin reaches to 4200 and tries higher and fails than the following will be a market reset for sure, we gotta get used to it, just because price went from 4200 to 3800 do not think bitcoin is dying or something, its expected.

A price can't sustain to stay at 4200 if it can't go any higher, trying 7/24 to go higher is not realistic. You try it and if you fail going higher than you fall back, than you try it again and you fall back again. That is how financial markets work, there is support and resistance and you try your resistance and if you fail you drop to your support. Instead of fearing the support levels, use it to buy bitcoins and use resistance to sell bitcoins to make more profits.

[Oilacris]

This keeps happening and people keep reminding themselves market does have a market reset time to time. Yeah when bitcoin reaches to 4200 and tries higher and fails than the following will be a market reset for sure, we gotta get used to it, just because price went from 4200 to 3800 do not think bitcoin is dying or something, its expected.

A price can't sustain to stay at 4200 if it can't go any higher, trying 7/24 to go higher is not realistic. You try it and if you fail going higher than you fall back, than you try it again and you fall back again. That is how financial markets work, there is support and resistance and you try your resistance and if you fail you drop to your support. Instead of fearing the support levels, use it to buy bitcoins and use resistance to sell bitcoins to make more profits.

There would be always a fall back when the price tends to go up for a percentage yet to consider that there are lots of shorters out there who do make orders on 3800 and
sell out on 4200 which it do normally affect the entire market. A usual stuff that do happen that's why this market is always been volatile. Gradual increase is much more preferable than
to see huge spikes and dumps.

[upsidedown75]

The past year 2018 was predicted to make a big change in the market scenario. In specific the focus was towards ethereum, and to the expectation nothing big happened. Things took place in the opposite way reaching low to two digit value. As in the above quote we've got more chances to reach big around $10000, but everything will be known by the end of first quarter value.

The market operate in a funny way that sometimes, it does opposite of the prediction and funny enough, no one predicted the BTC to go the that high in 2017, but we suddenly saw an increase in the price which actually attracted more investors, because I know of few investors that started rushing to buy when bitcoin was above 10k with the hope and speculation that it was heading toward $100K by the end of 2018, but what did we see ?

We saw the reversal that people are yet to recover from. For now, it’s hard to really tell when BTC will go that high again, all figures on net are just speculations without tangible fact but it is very sure that it will not go bearish trend again as it has already reached its bottom.