Bearish trend is over

[arpon11]

I also believe that the bearish market is over and we should expect more bullish trend now than before.  I just have to do some back  ground test and the reality is that we are going to have the best year in the history of cryptocurrencies in 2018! Many professionals investors are going to come into this market and bitcoin is going to be the first beneficiary.

[TorbiK]

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.

It seems to me that all those who wanted to buy Bitcoin have already bought it and there are now fewer buyers.

[BitPlace]

I also believe that the bearish market is over and we should expect more bullish trend now than before.  I just have to do some back  ground test and the reality is that we are going to have the best year in the history of cryptocurrencies in 2018! Many professionals investors are going to come into this market and bitcoin is going to be the first beneficiary.

Hopefully this will come to an end mate, because as I've observed form those who trades cryptocurrency this few months doesn't seem to make serious trades. They're more like playing in the market like a roller coaster, and the volatility arises even more. For now I am still neutral about the bearish, and all I need to prove is the actual scenario when the bearish be beaten by bull run.

[Harley_Quinn]

It seems to me that now there is the same bear market only here the volumes are different, most likely we will see the real price of bitcoin next year.

[richardsNY]

It seems to me that now there is the same bear market only here the volumes are different, most likely we will see the real price of bitcoin next year.

There is no real price. Every price that the market comes up with is all based on pure speculation, regardless of how much it is overbought or oversold. The only "real" price so far have been the bottom support levels, and while they are usually where the main support is, it doesn't offer any actual guarantee that it will stay like that for ever. Bottoms and higher range peaks are both important when you enter or exit the market, but hold no real value when you are just holding for years and years to see where Bitcoin is going. It is that I am an occasional trader looking to benefit from the volatility, but if that wasn't the case, I wouldn't even bother looking at the market.

[piter_wip12592]

I do not think that . I think it will remain until the end of the month. And now you will still have the opportunity to invest in this market. And you will get a profit in June hope so.

[Mihaylovic]

Bearish trend was not over that time and still it is early to say it is over. When bitcoin can reach around 12 k usd aroınd then we can talk about a new bullish trend.

[A L I E N]

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.

At least, the worst is surely over. I do not even think that the cryptocurrencies prices will fall drastically these days. I believe that 2018 will become the year of the bull run for many good altcoins.

[Bosx1ne]

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?

Actually, the cryptocurrency market is still bear market. The cryptocurrency market is still not recovering after big crashed. There are now many people who are panicking because of what happened to the market. We should have strong hands for us to avoid loss in trading.

[Redhead5]

I do not think that . I think it will remain until the end of the month. And now you will still have the opportunity to invest in this market. And you will get a profit in June hope so.

For me bearish trend is not over yet because the marketcap of bitcoin now is downfall. It is something to think of whether to buy now and hold for a moment then sell when bullish trend is coming. Profit will be easily to get when trends going like this.

[elbimbo012]

At first I thought bearish market is over considering gradual increase of bitcoin price up to 9.9k+ almost 10k$ but it seems my speculation was wrong. bitcoin fall sgain to even 7.9k i still doubt that bearish now is over considering the performance of bitcoin will we still be in besrish market?

[shaadsufi]

For me, it is not over at this time you can see BTC still not able to cross 10k yet. But the month of June is looking good for the bearish trend to end and for bitcoin to go high again and cross 10k again.

[ThorWin]

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.

Trust your forecasts, anticipate your ability to get accurate predictions, so they will help you in analyzing market investment. If you just guess and rely on luck you probably will not fit in with such risky investments.

[aysha9872]

Hmmm market is choppipng a lot. Also there's not enough volume to give confirmation that bull is back.

[dangcaohung]

Yes I think bearish trend is over. But not the uptrend now, i guess it is on sideway. Its the best time to hold some good coin.

[gabbie2010]

As far as bearish runs is concerned we are not out of the woods yet from technical analysis point of view the support at $7800 to $8000 looks very strong for the bears to break however the bullish trend has not been sustained thus the price movement looks sluggish and struggles above $8000 hopefully a positive FUD will triggers the bullish runs.

[Baofeng]

Hmmm market is choppipng a lot. Also there's not enough volume to give confirmation that bull is back.

I agree, so we can't really says that the bulls is back because when everyone thought that the bears is on hibernation, they suddenly claw back pulling the price below $8K for a brief moment which is very scary again. Although we roar back above $8K, it doesn't mean that we are out of the woods. I think we need to give some time, probably going above $10K will be a good bench mark to say at least that we are moving further from the reach of the bears.

[marcbitcoins]

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?

Actually, i sick and tired of this topic because it just give us false hope to disappointment because this topic of bullish run, green times and bearish is over are already posted many times here in the forum but still the market is in difficult that even Bitcoin itself is hardly to reach the $10,000 again. I will just start celebrating if the market is already in ATH again like if Bitcoin will above $10,000 again like the phrase "Don't Count Your Chickens Before They Hatch" but anyway this is better than spreading FUD.

[Questat]

Yes in the next few months, the price of Bitcoin will surpass the previous highest price level, only taking place to circulate the limited supply of Bitcoin and in this world only about 1.5% of people who know and understand about Bitcoin. And Bitcoin and Blockchain technologies provide many benefits for many types of industries. I think It's still too early for a downtrend to end. You have to be careful.

I hope that will come soon, some people are already frustrated, imagine after reach the ATH of 19K dollars we are not at 8K dollars, that is a
big lose for those who bought at the peak. Patience is really the key here, I am still positive if we hold we will benefit as we are going to break that ATH this year.

[MiF]

Yes in the next few months, the price of Bitcoin will surpass the previous highest price level, only taking place to circulate the limited supply of Bitcoin and in this world only about 1.5% of people who know and understand about Bitcoin. And Bitcoin and Blockchain technologies provide many benefits for many types of industries. I think It's still too early for a downtrend to end. You have to be careful.

I hope that will come soon, some people are already frustrated, imagine after reach the ATH of 19K dollars we are not at 8K dollars, that is a
big lose for those who bought at the peak. Patience is really the key here, I am still positive if we hold we will benefit as we are going to break that ATH this year.

Patience is easy to suggest but were into the actual situations its not that easy to put into our psychological minds. If the bearish will not be leaving us for several months I think we'll be experiencing it until December this year. But if you don't hold your funds I guess you'll regret dumping at earlier time.