Are you bullish or bearish right now?

[Razick]

Bullish. I think a lot of money is waiting for the "for sure" time to get in. Either big news, or a continuous bull market.
I also think the price has artificially been pushed down to these levels so big players can accumulate more or buy in when ready. I think the scale at which things are going to expand are underestimated. There is not one person in the finance and investment world that doesn't have their eye on Bitcoin, once that rocket starts, EVERYONE will want that ride to not miss out on this time. It will be one hell of a ride.

I agree with most of what you said, but how exactly do you thing the big players are manipulating the market? Are they holding off for the right time to buy? Maybe, although I think many of them are just holding there positions as well, but I don't see how they could be manipulating on a large scale.

[Dilla]

Bullish. I think a lot of money is waiting for the "for sure" time to get in. Either big news, or a continuous bull market.
I also think the price has artificially been pushed down to these levels so big players can accumulate more or buy in when ready. I think the scale at which things are going to expand are underestimated. There is not one person in the finance and investment world that doesn't have their eye on Bitcoin, once that rocket starts, EVERYONE will want that ride to not miss out on this time. It will be one hell of a ride.

I agree with most of what you said, but how exactly do you thing the big players are manipulating the market? Are they holding off for the right time to buy? Maybe, although I think many of them are just holding there positions as well, but I don't see how they could be manipulating on a large scale.

Maybe this is my tin foil hat thinking, but here we go:

If you, or your investment partners, or investors you know, caught wind of Bitcoin being brought to the masses for completely legal trading, you would want the most Bitcoin for the least amount of money to accumulate before the masses started trading under the new platforms. You or people you hire short Bitcoin to drive the price down, enduce panic and make Bitcoin seem like a failure, pay troll accounts on forums to bash Bitcoin, in hopes of anyone who reads the forum to sell or not buy Bitcoin, if you are a large, well respected investor or investment group, maybe you say some bad things publicly about Bitcoin to drive the price down or steer others away for a while. Maybe if you are trying to open an exchange (or looking for more funding), and the only way it will get approved or funded is if the price is lower, so the greedy ones doing the approving or funding can accumulate a large stash of Bitcoin for themselves.
I could go on and on with possible theories, some more logical than others, but based on everything I've read in the past year, from articles, to forums, etc.. Makes it seem that some power(s) that be want to accumulate more and control the market, at least while they can, and the most profitable way is to drive the price down and accumulate. Which is good for bears here at first, but great for Bulls when they can go no lower, they've got to make money somehow, and that's by going UP! Some may think I'm a little off the wall for making these theories, and I'm not saying they are right or wrong, just possibilities. Hey, this is a speculation forum right? 

[coinableS]

Bullish. I think a lot of money is waiting for the "for sure" time to get in. Either big news, or a continuous bull market.
I also think the price has artificially been pushed down to these levels so big players can accumulate more or buy in when ready. I think the scale at which things are going to expand are underestimated. There is not one person in the finance and investment world that doesn't have their eye on Bitcoin, once that rocket starts, EVERYONE will want that ride to not miss out on this time. It will be one hell of a ride.

I agree with most of what you said, but how exactly do you thing the big players are manipulating the market? Are they holding off for the right time to buy? Maybe, although I think many of them are just holding there positions as well, but I don't see how they could be manipulating on a large scale.

Maybe this is my tin foil hat thinking, but here we go:

If you, or your investment partners, or investors you know, caught wind of Bitcoin being brought to the masses for completely legal trading, you would want the most Bitcoin for the least amount of money to accumulate before the masses started trading under the new platforms. You or people you hire short Bitcoin to drive the price down, enduce panic and make Bitcoin seem like a failure, pay troll accounts on forums to bash Bitcoin, in hopes of anyone who reads the forum to sell or not buy Bitcoin, if you are a large, well respected investor or investment group, maybe you say some bad things publicly about Bitcoin to drive the price down or steer others away for a while. Maybe if you are trying to open an exchange (or looking for more funding), and the only way it will get approved or funded is if the price is lower, so the greedy ones doing the approving or funding can accumulate a large stash of Bitcoin for themselves.
I could go on and on with possible theories, some more logical than others, but based on everything I've read in the past year, from articles, to forums, etc.. Makes it seem that some power(s) that be want to accumulate more and control the market, at least while they can, and the most profitable way is to drive the price down and accumulate. Which is good for bears here at first, but great for Bulls when they can go no lower, they've got to make money somehow, and that's by going UP! Some may think I'm a little off the wall for making these theories, and I'm not saying they are right or wrong, just possibilities. Hey, this is a speculation forum right? 

I don't think that's too tin foil personally. It seems completely natural.

Jim: "How's that chocolate cake?"
Bob: "Oh, it tastes terrible, you shouldn't eat any."

[randy8777]

I've been bearish for a long time, but we seem to have found the bottom. Unless we see a crash in the next month or so, I think we can be fairly confident in the bear market ending.

Well it's still far too early to really call this a trend-reversal. It could just as well be just another bounce before a big drop (we've seen this before). But it's good to see the price trying. I've still got quite some hopes up that we break out of this downtrend for good now, as well!

According to a lot of people in tradeview they are seeing still a downtrend or at least a period of time of being stuck on this low 200's price. We'll see if we can break to 300 territory through this summer. BTC is so undervalued right now, feels good.

for the short term i think we will go a bit lower than we are now but around or after the summer it will definitely go above $300 but can it stay above $300 is what i'm asking myself.

[thejaytiesto]

Pretty bearish for now. If you look at the order book, there are still large sell orders placed to dump the coins at every price level. Not much can be said in the opposite direction as buyers generally prefer the "wait and see" approach. So in order to break the sell wall resistance and have the price go up, there must be really large order coming in or else with the current scenario, it will most likely drop further.  

Bulls are on the defensive right now.  Whatever funds are available i'm sure they are saving to buy more to help average out and avoid a margin call. 

It's clear to me now that a lot of the good stuff (BTC, XMR, MAID, DASH) are being keep down in price while the whales are slowly stacking up, to not disturb the low price and keep everyone away from paying any attention to it. Classic move for those that have a lot of money, are bullish but don't want to trigger a rally.

[Baghead]

Just vote on the poll and maybe add a comment why.

I voted for yes i am bullish because we have to remember the amount of investments that has gone into this recently it has not reflected in the price at all as far as i am aware because of the manipulation, but i am pretty sure before long we will see it break out. User adoption rising and  i am just an all around positive person, so that reflects my vote.. 

[ensurance982]

Just vote on the poll and maybe add a comment why.

I voted for yes i am bullish because we have to remember the amount of investments that has gone into this recently it has not reflected in the price at all as far as i am aware because of the manipulation, but i am pretty sure before long we will see it break out. User adoption rising and  i am just an all around positive person, so that reflects my vote.. 

All VC investments won't do anything for price within the next two or three years. All they do is help building an infrastructure that may be very useful in a few years. Don't get me wrong, this is very very important and a very positive thing but it won't affect the price at all for the time being.

[minerpumpkin]

I am actually quite undecided at the moment. Things don't look exactly good, but on the other hand it seems like we need some more pressure to get the price down. It is very good to see that we are not budging in that easily.

[Omikifuse]

I have a feeling that in the next 12 months prices will rise, because in the last fall 200 hold pretty good, unlike the time when prices went to sub 200 level.

[oblivi]

I have a feeling that in the next 12 months prices will rise, because in the last fall 200 hold pretty good, unlike the time when prices went to sub 200 level.

This is an excellent period to improve one's portfolio with BTC and ac couple promising alts such as Maid and XMR. I can't wait for the end of the month to arrive so I can get paid and buy a bit more cheap ass BTC and a couple cool alts. This is how it's done. Then it's a holding game.

[minerpumpkin]

I have a feeling that in the next 12 months prices will rise, because in the last fall 200 hold pretty good, unlike the time when prices went to sub 200 level.

This is an excellent period to improve one's portfolio with BTC and ac couple promising alts such as Maid and XMR. I can't wait for the end of the month to arrive so I can get paid and buy a bit more cheap ass BTC and a couple cool alts. This is how it's done. Then it's a holding game.

May I ask how you are exactly splitting up those investments? I think that BTC still has the biggest chances of a long-term success and it doesn't really make sense to hold Altcoins. But if you really believe in the future of a specific coin, I think it is totally alright to invest in it, but make sure not to bet too much on the wrong horse / apparent underdog.

[LFC_Bitcoin]

I have a feeling that in the next 12 months prices will rise, because in the last fall 200 hold pretty good, unlike the time when prices went to sub 200 level.

All we can do is hope my friend.

The odds are in our favour I think.

Winkle ETF
BIT Exchange
Gemini Exchange
NYC Bitlicense

All with the wheels in motion for approval/regulation.

I expect the price to be at least double what it is now within 6 months.
We then have the next halving in about 12-14 months.

Good times ahead I predict.

[mikenz]

Last Chance to pick up cheap coins. Triangle is closing til 5/5 latest. next station 450-500

[tokeweed]

Just vote on the poll and maybe add a comment why.

Very bullish.  We have just reached bottom.  This is a good time to buy.

[BlindMayorBitcorn]

Just vote on the poll and maybe add a comment why.

Very bullish.  We have just reached bottom.  This is a good time to buy.

"Bottom"

[tokeweed]

Just vote on the poll and maybe add a comment why.

Very bullish.  We have just reached bottom.  This is a good time to buy.

"Bottom"

We are Bitcoiners!

[tokeweed]

The time of Bitcoin is coming.

gold:


bitcoin:

[jjacob]

I am an eternal long-term bull, who has just turned bearish for the short-term.
This rut seems to be a long one.

[rjclarke2000]

The time of Bitcoin is coming.

gold:


bitcoin:

The similarity there is staggering. I have never compared these two graphs before.

Good info tokeweed.

[Chef Ramsay]

Just vote on the poll and maybe add a comment why.

I voted for yes i am bullish because we have to remember the amount of investments that has gone into this recently it has not reflected in the price at all as far as i am aware because of the manipulation, but i am pretty sure before long we will see it break out. User adoption rising and  i am just an all around positive person, so that reflects my vote.. 

All VC investments won't do anything for price within the next two or three years. All they do is help building an infrastructure that may be very useful in a few years. Don't get me wrong, this is very very important and a very positive thing but it won't affect the price at all for the time being.

The price will be definitely making a move and likely a major move during your time frame and I would proffer that the upgrades in infrastructure will be contributing underlying sentiments that help fuel the good times. We are way undervalued for current times, it's just that big dogs are buying time for their associates to build their stash and let the upcoming institutional tools to kick off the next run. At least that's what I think, to each their own.