ridery99 (OP)
|
|
January 05, 2017, 02:50:57 PM Last edit: January 05, 2017, 03:37:15 PM by ridery99 |
|
Do you think this huge 2-year long bull market is over? Is it bear time now? Your thoughts?
|
|
|
|
rogerwilco
Member
Offline
Activity: 107
Merit: 10
|
|
January 05, 2017, 03:05:47 PM |
|
We'd have to break the long term upward trend line first. We're not close to that yet.
|
|
|
|
ft73
|
|
January 05, 2017, 03:16:33 PM |
|
Do you think this huge 2-year long bull market is over? Is it bear time now? Your thoughts?
No. Can't see a single evidence of that for now.
|
|
|
|
Red-Apple
|
|
January 05, 2017, 03:31:01 PM |
|
Do you think this huge 2-year long bull market is over? Is it bear time now? Your thoughts?
2 year bull market?! then what do you call the period starting from 2016/2 (or even start from 2015/12) to end of 2016/5 when price was struggling hard at the $400ish range.
|
--signature space for rent; sent PM--
|
|
|
ridery99 (OP)
|
|
January 05, 2017, 03:32:00 PM |
|
Do you think this huge 2-year long bull market is over? Is it bear time now? Your thoughts?
2 year bull market?! then what do you call the period starting from 2016/2 (or even start from 2015/12) to end of 2016/5 when price was struggling hard at the $400ish range. I'm talking about the bigger picture, not any small time fluctuation.
|
|
|
|
spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
|
|
January 05, 2017, 03:32:47 PM |
|
No.
|
|
|
|
Cristosi
Newbie
Offline
Activity: 19
Merit: 0
|
|
January 05, 2017, 03:34:27 PM |
|
Do you think this huge 2-year long bull market is over? Is it bear time now? Your thoughts?
Yes, it is bear time now. it's overbought and it needs to adjust the price. it will be down for long term. it's the same as the chart of 3 year before. No hurry to buy now.
|
|
|
|
Watari
Member
Offline
Activity: 62
Merit: 10
|
|
January 05, 2017, 03:35:23 PM |
|
Do you think this huge 2-year long bull market is over? Is it bear time now? Your thoughts?
Yes, it is bear time now. it's overbought and it needs to adjust the price. it will be down for long term. it's the same as the chart of 3 year before. No hurry to buy now. and what makes you an expert on this?
|
|
|
|
Chevas Regal
|
|
January 05, 2017, 03:36:35 PM |
|
It will be like roller coaster ride , many ups and downs. Fibonacci retracement is possible with simultaneous growth of BTC/usd value. lets ee , i wish to see 2000$ this year.
|
|
|
|
hacknoid
|
|
January 05, 2017, 03:45:02 PM |
|
No. Minor correction.
|
|
|
|
njcarlos
|
|
January 05, 2017, 04:00:40 PM |
|
Sometimes I think this forum is full of psychotics. China goes on some massive spending spree on fears of cap controls so BTC jumps from $800 to $1150 in ~2-3 weeks. On these events 49% think BTC is going to $10k and is jubilant, and then it corrects (partially) and the other 49% thinks the world is over. 1% are in both of those camps, and 1% is standing back trading the psychosis of the 99%. It's insanity.
In other news: China doesn't mind transferring their wealth to others via BTC. Horrible traders I must say... lol
|
|
|
|
spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
|
|
January 05, 2017, 04:15:35 PM |
|
Sometimes I think this forum is full of psychotics. China goes on some massive spending spree on fears of cap controls so BTC jumps from $800 to $1150 in ~2-3 weeks. On these events 49% think BTC is going to $10k and is jubilant, and then it corrects (partially) and the other 49% thinks the world is over. 1% are in both of those camps, and 1% is standing back trading the psychosis of the 99%. It's insanity.
In other news: China doesn't mind transferring their wealth to others via BTC. Horrible traders I must say... lol
This is all markets always? lol. Humans are crazy.
|
|
|
|
ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
|
|
January 05, 2017, 04:17:14 PM |
|
I think the party is just starting A lot of people will think that the past is going to repeat itself, and will sell, which is exactly what is needed for price to continue up.
|
|
|
|
ridery99 (OP)
|
|
January 05, 2017, 04:31:58 PM |
|
I think the party is just starting A lot of people will think that the past is going to repeat itself, and will sell, which is exactly what is needed for price to continue up. So dumping will make the price rise? That's weird
|
|
|
|
Rastanan
|
|
January 05, 2017, 05:38:21 PM |
|
It will be like roller coaster ride , many ups and downs. Fibonacci retracement is possible with simultaneous growth of BTC/usd value. lets ee , i wish to see 2000$ this year.
The long term price will be up.
|
|
|
|
chaser15
Legendary
Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
|
|
January 05, 2017, 05:44:29 PM |
|
Do you think this huge 2-year long bull market is over? Is it bear time now? Your thoughts?
If this is bear time now we shouldn't see price sitting at the current price today. Still part of a normal flow of what bitcoin price movement is. Others just take profit and that is good since we are waiting for the dip as others are not comfortable to buy at the price of $1,100 range. If bears will make a push then we are going back to below $800 or much worst.
|
|
|
|
Cristosi
Newbie
Offline
Activity: 19
Merit: 0
|
|
January 05, 2017, 05:52:26 PM |
|
Bear market is fake. They want bitcoin holders to get panicked and sell out. It will return back the price of 1,000$ or more . Keep calm and make a right decision.
|
|
|
|
BitcoinBarrel
Legendary
Offline
Activity: 2030
Merit: 1035
Fill Your Barrel with Bitcoins!
|
|
January 05, 2017, 05:53:15 PM |
|
Seriously, is there ANY reason to cash out your BTC to invest in fiat? LOL
|
▄▄▄▄▄▄▄▄▄▄ ▄██████████████▄ ▄█████████████████▌ ▐███████████████████▌ ▄█████████████████████▄ ███████████████████████ ▐███████████████████████ ▐███████████████████████ ▐███████████████████████ ▐███████████████████████ ██████████████████████▀ ▀████████████████████▀ ▀██████████████████ ▀▀████████████▀▀
| .
| .....█ .....█ .....█ .....█ .....█ .....█ | | █ █ █ █ █ █ |
|
|
|
LFC_Bitcoin
Legendary
Offline
Activity: 3710
Merit: 10454
#1 VIP Crypto Casino
|
|
January 05, 2017, 11:26:10 PM |
|
Seriously, is there ANY reason to cash out your BTC to invest in fiat? LOL
It's a bull market when we see threads like this absolutely reeking of desperation. Too bad to the sons of bitches who didn't get in heavy whilst we were in the 200-300 dollar range.
|
|
|
|
Shady
Full Member
Offline
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
|
|
January 05, 2017, 11:36:42 PM |
|
Despite the loss, I believe Bitcoin values will return back up... Don't ever think the size in circulation is going down, almost all coins have been mined nowadays.
Tremendous potential to b short term losses, with a returning peak. Don't ever forget about saving in other valuable investments to corner losses.
|
|
|
|
|