The Big Picture

[mrhelpful]

Why do I get the feeling its going to be in the $100 zone.

I only state on this based on the previous years around this price zone, but also peoples patience has been wearing out since some people expected too much out of bitcoin.

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[techgeek]

That picture that op, posted really doesnt justify really anything.

For all you know, it can go back up for whatever reason, yeah its a downtrend but you dont know the future regardless.

[spazzdla]

people here don't have patience. they want profit, and they want it quick. i'm not really a fan of looking at charts and say it will go up or down. i only look at the facts. fact is that short term doesn't look bright, sub $200 is not far away.

I would disagree with patience.. the only one left here are "stronghands" "bagholders" and Fallin ... time will tell which term is correct.

[readysalted89]

Why do I get the feeling its going to be in the $100 zone.

I only state on this based on the previous years around this price zone, but also peoples patience has been wearing out since some people expected too much out of bitcoin.

This has been one of the longest bear markets in bitcoin's history. Lots of people expected to make huge profits in months and after a year they gave up hope. If the bear market continues for another year increasing numbers of investors could start losing hope.

[Amph]

Why do I get the feeling its going to be in the $100 zone.

I only state on this based on the previous years around this price zone, but also peoples patience has been wearing out since some people expected too much out of bitcoin.

This has been one of the longest bear markets in bitcoin's history. Lots of people expected to make huge profits in months and after a year they gave up hope. If the bear market continues for another year increasing numbers of investors could start losing hope.

not much more of a bear market, than a stagnant market, swing recently are very non existent, the market is just moving up and down by a few usd, not even worth watching or trade with this situation

usually the cycle look like a big dump first, then stagnation then a rise again, so we could be on the right track now

[alch1mista]

usually the cycle look like a big dump first, then stagnation then a rise again, so we could be on the right track now

Could you tell, exactly, when did this happen in the past?
Thanks

[Amph]

usually the cycle look like a big dump first, then stagnation then a rise again, so we could be on the right track now

Could you tell, exactly, when did this happen in the past?
Thanks

very easy to see it on the all time chart, take a look at the time between june 2011 and september 2012, so even longer than current situation, there was a raise on july 2011 then a dump between july and october 2011, than a long stagnation phase until july 2012, then a new high between july and october 2012 and so on,  it has occured at least two times, one was very long(so i can't understand the whole "this long bearish market never happened" argument) and one smaller around april 2013

[randy8777]

people here don't have patience. they want profit, and they want it quick. i'm not really a fan of looking at charts and say it will go up or down. i only look at the facts. fact is that short term doesn't look bright, sub $200 is not far away.

I would disagree with patience.. the only one left here are "stronghands" "bagholders" and Fallin ... time will tell which term is correct.

you not seeing patience as one of the most important aspects says enough. without it you basically are lost. there are many weak handed traders ready to click on the sell button as soon as they are about to panic.