Bearish trend is over

[devollito]

I think we are in the consolidation or sideway trend now. We are waiting for volume exploding like last year. We need volume increase if we want to create another all time high. And in my opinion this time if we enter bullish again we will reach arround $30k or above and then climbing slowly to $50k before its goes down again to arround $35k

[1715466407]

1715466407

[strongwarrior238]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

I think you should not be subjective at the moment, you can see that the down trend has ended but according to my analysis, it is just a short term ending, in the long term the bitcoin price is still in the coin. reduction. So you need to be very careful about any situation that can happen, the market is constantly fluctuating and difficult to guess.

[kolinko]

I think the downtrend is not over, if bitcoin can surpass the 11k mark in May, the uptrend will be reversed; if bitcoin falls below 8k, the downside will continue. Please continue to monitor the market to react promptly to the bad developments of the market.

[Reid]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

I think you should not be subjective at the moment, you can see that the down trend has ended but according to my analysis, it is just a short term ending, in the long term the bitcoin price is still in the coin. reduction. So you need to be very careful about any situation that can happen, the market is constantly fluctuating and difficult to guess.

It sure is, you will never know what could happen.
Even when I read analytics doing some kind of a in depth analysis, I must say there are still holes in it. It can always go the other way. So this bearish trend that might have happened is just the people selling a lot of amounts of bitcoin and other currencies. With the addition of the Tether token which helps them get in and out, it will be easier to manipulate the market if they have the larger portions of the coin

[btcformula]

Reaching 10K level of BTC is very important but BTC straggling to reach there . so,we dont know because as of now crypto is not moving around a lot.  We did experience a little bump over the past few weeks but that hasnt been enough to even put as at 10k+ bitcoin yet.

[Ziskinberg]

Reaching 10K level of BTC is very important but BTC straggling to reach there . so,we dont know because as of now crypto is not moving around a lot.  We did experience a little bump over the past few weeks but that hasnt been enough to even put as at 10k+ bitcoin yet.

What's important is we still stay at $9K level, just give it a time, with one big news we can surely break $10K and we will see
an uptrend continue. People are still holding and that is very important since it will only make us stronger.

[Armstand]

Reaching 10K level of BTC is very important but BTC straggling to reach there . so,we dont know because as of now crypto is not moving around a lot.  We did experience a little bump over the past few weeks but that hasnt been enough to even put as at 10k+ bitcoin yet.

What's important is we still stay at $9K level, just give it a time, with one big news we can surely break $10K and we will see
an uptrend continue. People are still holding and that is very important since it will only make us stronger.

The slower movement the better for us, since btc fly to the moon easier last year that it took too long to recover when it drops, we atleast see now a much realistic amount, but still hoping that it will make another ATH if permitted.

[IndzheborgC]

Getting bitcoin is getting harder. Many new and more advanced equipment are put into operation every week. The downward trend is sure to end and we will see impressive growth.

[Qartersa]

It is still too early to conclude that the bearish trend is over. There are still so much time to endure before we reach the last quarter. Hence, while it is good to spread optimism all year round, it is still best to lay all cards of realism. Right now, I am quite impressed with the price as it struggles to fight the mainstream level at around $9,000. For the past 24 hours, it has grappled to stay at an average level with minimal movement. This is a good indication because based on data, once a price stabilizes at some point, it only means a positive turnaround- although we cannot really predict as to how long the positive effect would last. Hence, it is best to stay frosty!

[carriebee]

Getting bitcoin is getting harder. Many new and more advanced equipment are put into operation every week. The downward trend is sure to end and we will see impressive growth.

That is may happen the bearish trend will over it was market is in red but this time we get the positive response that btc may starts a bull run trend. I think that also the impressive growth will surely occur in the market.

[maydna]

I think bitcoin giving a chance for us to take a profit because the price is up and down in often but I don't think that bearish is over because the price is not moving at the higher price. it is just up and down at $9xxx-$92xx and I see that the price it seems waiting for another time to increase higher but the price can also reach the higher price at any time. maybe if we can analyze deeply, the price is in stable conditions for now and it makes us difficult to predict where the price wants to go.

[Tynovten_]

We can say this as happiness from them that holding so far, and a deep sadness for them that cutloss. And i'm being one if the person that glad because i've been a patience one to wait for this time.

[bosimpson54]

Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold?  I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning!  The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?

I believe that the downtrend has never really ended and you can still see that bitcoin prices have been on the rise over the past few days and I believe that's why you think bitcoin is in the works. The rise. Essentially this is just a boost in the short term, and toii think you need to be very careful when trading bitcoin at this point.

[ylnar123]

"Over" is a very strong word, i do not think that it is over at 100%, but yes, it is almost over right now because everything is extremely bullish at the moment.

I am just expecting to see bitcoin going towards $14000 by next week at least.

I agree with that over is a very bold word, the market is going to be stronger till 2019 to me but I do not expect such prices in few months. It is now more like a war between bears and bulls, bulls haven't taken over fully yet.

I suppose the market is regaining strength from the previous drop, but I don't see it happening in just a week or two. It would probably be done slowly unlike what it was last December 2017 where a bullish run has happened. So holding with our stocks is the best thing we can do and wait for the next run.

[gentlemand]

I'm most interested to see what alts get up to. Bitcoin dominance is very low again. Most alts are still utter shite. Can the irrationality continue into another boom? I kind of hope not because that's setting things up for an even more brutal fall.

Even after all this time there's still barely anything that isn't feeding from its own arsehole. If we go off on another monster run I'll definitely be taking a large portion out this time around. I don't see how it can continue as is.

[CryptoWorld87]

I think i would agree with that at this the current time i can say that maybe this is a very good time to buy more and hold for long term since the price is already stable. Now i can start to stock and full my bags for soon pump.

[elbimbo012]

total market cap for crypto market was already 440billion$  plus  and still increasing day on day. i can say that bearish trend is over and market are slowly in an uptrend mode though it is very early to say  but with the result on how crypto market reacts it seems we are entering in bullish season and that would be great to all of us.

[Omega Weapon]

I think that your analysis is valid, I believe we have reached the bottom of btc price and now it is in the works to take off again. I believe it will be able to reach $20k easily its just a matter of when.

I think seeing $15,000+ is quite close now, as the negative hysteria associated with crypto appears to have bottom out, and we're seeing a genuine strong reversal now.

The bottom was reached I agree on that but I disagree in the part in which you state that reaching 20000 is going to be easy, it is not going to be easy we got close to it thanks to a huge update by the developers and we got a huge hype by the media and by investors, it was almost the perfect storm and we will need the perfect storm to reach that price and surpass it.

It does not matter if it's not easy, what's important is we will reach that level again.
I would like to see a steady increase than a abrupt increase, stable price increase would bring us to the top and people are trusting bitcoin now
as it has already recovered and people believe we are bullish now.

It matters, I have seen many people predicting that the price of bitcoin is going to reach and even surpass the previous all time high in just a few months and I do not know about you but I'm not that positive about the short term future of bitcoin, I am very bullish when it comes to the long term but when it comes to the short term I prefer to be a lot more cautious.

[Finestream]

total market cap for crypto market was already 440billion$  plus  and still increasing day on day. i can say that bearish trend is over and market are slowly in an uptrend mode though it is very early to say  but with the result on how crypto market reacts it seems we are entering in bullish season and that would be great to all of us.

Definitely yes!We are now in a bull run since the price market is steady in its upward position.I'm sure lot of people have been waiting for this to happen for their investments to grow even more.And i'm lucky enough i have bought bitcoins when we experienced dips from those previous months,so i'll just wait for the perfect time to sell them again and gain huge profit.

[mudasarali43]

yes its same by watching the current market situation and this trend is good to all of the coin holders and almost the new investors because in near future the price of all coins will increase day by day in Bull trend,