Bearish trend is over

[longminh123]

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 do not think that will happen again. Because for the bitcoin to cost $ 25k, the sharks must pour in a lot of money into Bitcoin. And the risk of this strategy is very high when traders have taken this strategy.
Sharks are very intelligent in these situations because they understand the psychology of the traders. So I think the pump will not be made this year.

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[maydna]

Oh, the author was wrong ...
To date, I believe and I hope that we have come out of the bottom. I expect pamp by the middle of June. But, as practice and history shows, this market is very unpredictable. I would very much like to break $ 10,000 in the near future

It seems that the OP got his correction wrong but who hasn't got some of his predictions wrong? The only thing that we can do right now is to wait for the market to recover, we are once again below 9000 let us hope that the price does not go below 8000 or even lower, while I'm pretty sure that bitcoin will recover its previous all time high there are many people that are losing faith in are selling not understanding this and I would prefer that more people keep themselves invested in bitcoin.

people's predictions would not always be right, there would be times when it would be wrong and I would not be right, now the price of bitcoin is declining again, but I also do not want the price will continue to decline, I will try to be patient and calm to face the movement the price is on the market, and I have great hopes that everything will recover again, the ups and downs of the price must have been at my risk to invest or trade crypto.

many of us still are patient to face this and they are trying to hold every coin they have until they can see the price is increased again, although we need a longer time and I think it still worth for us to wait for the price. and if we have more money, we can buy again because we have a good time to buy at the price now so when the price recovers, we can sell it to make a profit. until that time comes, we cannot do anything because if we sell the coin, we cannot make a profit except we are getting lose and I hope that we can be patient for a while.

[kaizerblitz]

Yes it is bearish trend is now over it time to bitcoin to slowly recover and put on bullish run. I wish bitcoin could go again on peak i will definitely bitcoin price will set on ath price $25,000 USD.

[goku1525]

Oh, the author was wrong ...
To date, I believe and I hope that we have come out of the bottom. I expect pamp by the middle of June. But, as practice and history shows, this market is very unpredictable. I would very much like to break $ 10,000 in the near future

It seems that the OP got his correction wrong but who hasn't got some of his predictions wrong? The only thing that we can do right now is to wait for the market to recover, we are once again below 9000 let us hope that the price does not go below 8000 or even lower, while I'm pretty sure that bitcoin will recover its previous all time high there are many people that are losing faith in are selling not understanding this and I would prefer that more people keep themselves invested in bitcoin.

people's predictions would not always be right, there would be times when it would be wrong and I would not be right, now the price of bitcoin is declining again, but I also do not want the price will continue to decline, I will try to be patient and calm to face the movement the price is on the market, and I have great hopes that everything will recover again, the ups and downs of the price must have been at my risk to invest or trade crypto.

many of us still are patient to face this and they are trying to hold every coin they have until they can see the price is increased again, although we need a longer time and I think it still worth for us to wait for the price. and if we have more money, we can buy again because we have a good time to buy at the price now so when the price recovers, we can sell it to make a profit. until that time comes, we cannot do anything because if we sell the coin, we cannot make a profit except we are getting lose and I hope that we can be patient for a while.

Although, prediction doesn't work we still believe it has a chances to bounceback at higher rate as we continue hodling our coin in long term because this is the way to prevent risky moments .For now ,we don't need to rush everything because it can take loss and down to regrets.

[Joriecoinbit]

Yes it is bearish trend is now over it time to bitcoin to slowly recover and put on bullish run. I wish bitcoin could go again on peak i will definitely bitcoin price will set on ath price $25,000 USD.

This trend is not yet over still prices decreases and the market is unstable ,but this prices is in normal rate. I believe it will bounceback again in current price or surpass in much higher. I suggest to keep hodling in long term because everytime is possible to regulates higher prices in short period of time.

[george888055]

Yes I suppose bearish trend is over but also I do not see any special prerequisites for the growth of the crypto market. I believe now all leaves in flat and by the end of the year or in 2019 we will see a sharp growth to $50k for bitcoin.

[lamadu3]

I am happy to see the price increases although bitcoin price does not yet reach $10k, I am sure it will reach that price. soon, every coin will make the highest price and so do bitcoin. but I wonder how much the price can reach in this year because in the last year, we already reach $19k and I hope that we can increase more than $25k. so it is better to keep on watching on the market and we don't have to miss something with the coins.

What I see is that the market is still swinging. Yes, the fluctuations are not so critical but they exist. I believe that the bull run will be started despite this volatility.

[Pamadar]

Yes I suppose bearish trend is over but also I do not see any special prerequisites for the growth of the crypto market. I believe now all leaves in flat and by the end of the year or in 2019 we will see a sharp growth to $50k for bitcoin.

Well that's a good speculation and if things will happen accordingly then seeing great bounce will move high, this trend really making us continue to hope and wait till this market will grow, the market keeps fluctuating up and down really hoping for new investors to hold and continue to wait until new height will be achieved 30k$ or more than that its really enjoying watching the sway.

[p i e c e]

I think the trend is over now, the price of BTC is stable in the range of $ 9300-9800, I think in the near future he will stabilize in the $ 10,000 range possible in Q3 we expect it soon, because the bad issue of crypto is slowly diminishing, thus making investors began to re-interested to invest his capital in crypto.

Despite the fact that the cryptocurrencies are still swinging, I believe that the bearish trend is already over. I have invested in many coins, and certainly, I am waiting for the best times of their growth.

[atjiat]

I think the trend is over now, the price of BTC is stable in the range of $ 9300-9800, I think in the near future he will stabilize in the $ 10,000 range possible in Q3 we expect it soon, because the bad issue of crypto is slowly diminishing, thus making investors began to re-interested to invest his capital in crypto.

Despite the fact that the cryptocurrencies are still swinging, I believe that the bearish trend is already over. I have invested in many coins, and certainly, I am waiting for the best times of their growth.

I think that in any way you will wait for what you expect. In any case, we need to brew into the great potential of the crypto currency, Otherwise we still observed a bad trend of the crypto-currency market.

[Ziskinberg]

I think the trend is over now, the price of BTC is stable in the range of $ 9300-9800, I think in the near future he will stabilize in the $ 10,000 range possible in Q3 we expect it soon, because the bad issue of crypto is slowly diminishing, thus making investors began to re-interested to invest his capital in crypto.

Despite the fact that the cryptocurrencies are still swinging, I believe that the bearish trend is already over. I have invested in many coins, and certainly, I am waiting for the best times of their growth.

I think that in any way you will wait for what you expect. In any case, we need to brew into the great potential of the crypto currency, Otherwise we still observed a bad trend of the crypto-currency market.

As long as it will recover there is nothing to worry because only the weak hands will worry.
The trend is moving upside and downward but the upside trend is more dominant now, it's a normal market movement for me
as manipulation really do happen anytime.

[MasterNodes.Cash]

Don't hold your breath while waiting for the bears to finish their job. We're not in the clear yet. Further decline to 6k is a realistic possibility in my opinion. I hope I am wrong though.

[RoolBi]

I think the downtrend will last until the end of May. That's my opinion. and in June will begin to recover. And that's just my guess. Maybe it will not be true.

[tatnM]

Yes I suppose bearish trend is over but also I do not see any special prerequisites for the growth of the crypto market. I believe now all leaves in flat and by the end of the year or in 2019 we will see a sharp growth to $50k for bitcoin.

Well that's a good speculation and if things will happen accordingly then seeing great bounce will move high, this trend really making us continue to hope and wait till this market will grow, the market keeps fluctuating up and down really hoping for new investors to hold and continue to wait until new height will be achieved 30k$ or more than that its really enjoying watching the sway.

If you look at the technical analysis, then we can once again go down to the levels of 6000-7000 $ and after that start to grow. The first level that will rise in the path of growth will be $ 11000-12000, if we quickly pass it, I think we will reach $ 20,000 pretty quickly, and by the end of the year I'm sure we will test $ 50,000.

[ufalo3]

Yes it is bearish trend is now over it time to bitcoin to slowly recover and put on bullish run. I wish bitcoin could go again on peak i will definitely bitcoin price will set on ath price $25,000 USD.

This trend is not yet over still prices decreases and the market is unstable ,but this prices is in normal rate. I believe it will bounceback again in current price or surpass in much higher. I suggest to keep hodling in long term because everytime is possible to regulates higher prices in short period of time.

I think that the market will not fall down so low as before. Suppose this bearish trend will come to the end. Each time I see that the altcoins and Bitcoin prices are fluctuating so greatly. Suppose it will be finished.

[fia_naila]

More like consolidation trend now or we can say it sideway trend in stock matket and it is normal after high jump and big correction. If we are not going under $7000 again i think we are still on track to bullish like we ride last year. Butbif it is going down again and break $7000 we are enteŕing bearish market again.

[Klausi]

Yes it is bearish trend is now over it time to bitcoin to slowly recover and put on bullish run. I wish bitcoin could go again on peak i will definitely bitcoin price will set on ath price $25,000 USD.

This trend is not yet over still prices decreases and the market is unstable ,but this prices is in normal rate. I believe it will bounceback again in current price or surpass in much higher. I suggest to keep hodling in long term because everytime is possible to regulates higher prices in short period of time.

I think that the market will not fall down so low as before. Suppose this bearish trend will come to the end. Each time I see that the altcoins and Bitcoin prices are fluctuating so greatly. Suppose it will be finished.

I wasn't confident that the bearish is coming to an end now, and as I've observed about the market now it was still happening. There might be a signs of small pumps but in the long run it will drop it price value again. We've been there at $9k and above already but now the price went down again to $8k, so that means the bear was still present.

[Omega Weapon]

Don't hold your breath while waiting for the bears to finish their job. We're not in the clear yet. Further decline to 6k is a realistic possibility in my opinion. I hope I am wrong though.

I think that right now we are in a point in the market in which almost anything can happen and that is what is making a lot of people very nervous, the price of bitcoin could easily go in any direction, it could go up but it could go down as well, however I really do not think that we could reach 6000 once again I think that at worst we could reach 7000.

[gabmen]

Don't hold your breath while waiting for the bears to finish their job. We're not in the clear yet. Further decline to 6k is a realistic possibility in my opinion. I hope I am wrong though.

I think that right now we are in a point in the market in which almost anything can happen and that is what is making a lot of people very nervous, the price of bitcoin could easily go in any direction, it could go up but it could go down as well, however I really do not think that we could reach 6000 once again I think that at worst we could reach 7000.

Well many of us thought that we're out of the woods already including me but apparently we're in it still. The april movement brought high hopes of a complete turn around but again btc and thr crypto market showed us that it can't be tamed and predicted. Best to simply be ready for anything at this point

[Pelevelyl]

In order for bitcoin to grow above twenty thousand, it is necessary that there are a lot of buyers and that there are more of them than sellers.