gandhe83
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Activity: 266
Merit: 10
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July 01, 2018, 08:03:47 AM |
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Yes it seems the recovery in April and parts of May was just phony or a so called bull trap. The slightest negative news send the prices down the cellar again. Even some positive signals from the SEC (Ethereum not a security) did not lift the spirits up that much...
Yeah you are right the bearish trend is not ever yet. The price is still under correction and no increase for much time. The first half is not good for bitcoin so far but I am optimistic about the bright future of bitcoin. Soon this bearish trend will be over and the satisfying situation will start. We will have to wait till that time. I guess till next year this trend will be recovered. I also hope that the downtrend is over, but my long-term downtrend is not ending and it will continue until the end of the year. Investors should be cautious during this time, regularly update market developments to plan investment. |
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raoulsergia
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July 01, 2018, 10:33:49 AM |
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Yes it seems the recovery in April and parts of May was just phony or a so called bull trap. The slightest negative news send the prices down the cellar again. Even some positive signals from the SEC (Ethereum not a security) did not lift the spirits up that much...
Yeah you are right the bearish trend is not ever yet. The price is still under correction and no increase for much time. The first half is not good for bitcoin so far but I am optimistic about the bright future of bitcoin. Soon this bearish trend will be over and the satisfying situation will start. We will have to wait till that time. I guess till next year this trend will be recovered. I also hope that the downtrend is over, but my long-term downtrend is not ending and it will continue until the end of the year. Investors should be cautious during this time, regularly update market developments to plan investment. Yeah either end of year or even till next year may, it will be down trent It is time to accumulate now for all of us who are looking forward to the next bull run... before that many many things will change,so lets get ready for a great ride |
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karungbitcoin
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July 01, 2018, 11:14:45 AM |
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From technical analysis and candlestick pattern i see now the price of BTC is in the strong support and usually this is sign for the price going up more. The price of BTC and all altcoin is already down in big amount even any altcoin dropped till 1/15 and this is mean the price overbought and will be more easy to going up more.
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enawati
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https://adonx.one
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July 01, 2018, 11:28:42 AM |
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Since BTC tradeable in 2011 the biggest losser for BTC is about 90% , but the price back again to going up more and more high. And now the price is already drop more than 60% , and i think the price can not going down more , and from this level the price will turn and back to going up more and more. In the long term BTC possible to go to $100k because more and more people will interesting with this new technology.
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Hold good
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July 01, 2018, 02:19:11 PM |
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Yesterday the market showed signs of good recovery. If this continues, then this market will be restored in July. And I'm really looking forward to this.
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coinbirds
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July 01, 2018, 03:27:47 PM |
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Bearish trend is still not over but with some good news and market regulation the whole market can easily boom as lot of new investors and fresh money waiting on sidelines to enter the Crypto market .
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Gheka
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July 01, 2018, 04:00:04 PM |
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Bearish trend is still not over but with some good news and market regulation the whole market can easily boom as lot of new investors and fresh money waiting on sidelines to enter the Crypto market .
Exactly as you say, to the present time, the downward trend is not over, the market seems to still have many battles between those in control, sometimes green comes back strongly but immediately after, a red color appears, this is too obvious. But I believe that this trend will soon end, whales almost have accumulated enough, they need pumping, the most authentic evidence is that in recent days, bithumb exchanges have shown a lot of strong growth signals of some altcoin, things are going in the right direction that it needs, hopefully the market will explode is very high |
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AK47-
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July 01, 2018, 04:46:33 PM
Last edit: July 13, 2018, 04:49:41 PM by AK47- |
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It is quite early to confirm the trend. But yes Bitcoin is making higher lows which has given some relief to the hodlers. But TA has not confirmed the bullish trend yet. If the recovery happens it will be in slow pace not like last year pump. I expect a recovery till $7k+. After that there might be some pullback again. But it won't be deep and will not go below $6k. But you can safely play longs at this point.
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paynercash
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send and receive money instantly, with no hidden c
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July 01, 2018, 09:52:09 PM |
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Bearish trend is still not over but with some good news and market regulation the whole market can easily boom as lot of new investors and fresh money waiting on sidelines to enter the Crypto market .
This slight recovery has not yet determined the market trend so investors need to be careful in this phase if they do not want to be trapped by whales. Continuing to monitor the market for timely decisions is a must in this moment to help investors succeed in this difficult time. |
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AMilly
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July 01, 2018, 10:00:24 PM |
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I believe bulls vs bear fight is on now.
Bulls broke the downward trend with this last one-day bull run. If we can maintain 6.3k bitcoin by tonight, we should see another upward movement on Monday, if not tonight.
For the short term, we may still be in a downward bear market, but the fighting has commenced and it seems that the bulls are now building positions and bears have empty pockets.
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Hamstead
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July 01, 2018, 10:30:28 PM |
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Bearish trend is still not over but with some good news and market regulation the whole market can easily boom as lot of new investors and fresh money waiting on sidelines to enter the Crypto market .
Even we saw market turn into green right now but isn't enough to tell that bear market is over. We are still struggling the bear season and I may think it could be over once we've got stabilize market volume in known coins especially bitcoin and Ethereum. If that WI happen, surely a huge pump will soon to happen. |
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bbcolex
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July 01, 2018, 11:09:46 PM |
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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 can't see any uptrend soon, bearish market still there. Whales are playing and accumulating while weak hands selling at lose, my wild guess is, It would take a year or two for market turn bullish again  |
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Sanitough
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July 01, 2018, 11:33:07 PM |
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Yesterday the market showed signs of good recovery. If this continues, then this market will be restored in July. And I'm really looking forward to this.
We are just only hoping and there is no assurance a having it all the way. Yeah, truly amazing of what have shown in the market in the past days but isn't strong recovery we have been waiting for. It is just a simple ups and there is no such huge growth increase. It takes days for that to be fully recover and yet isn't the right time. |
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lelahkenabanned
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July 02, 2018, 08:09:32 AM |
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yes you are right it seems now that the bearish trend is over yet there is no good news that could trigger a rise in bitcoin prices and no one else wants to make the price go up.
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ethereumhunter
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July 02, 2018, 10:34:16 AM |
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From technical analysis and candlestick pattern i see now the price of BTC is in the strong support and usually this is sign for the price going up more. The price of BTC and all altcoin is already down in big amount even any altcoin dropped till 1/15 and this is mean the price overbought and will be more easy to going up more.
we have an opportunity to get an increase in this week and like you said, bitcoin is going strong in the market and the price still stays in that level and giving a good sign to increase back. although this condition can change in the next few days, I think we can still take a profit first before the price is down again. maybe we can do scalping trade to make a profit and I am sure that we have a chance to case the profit again. |
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metenjean
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July 02, 2018, 10:50:19 AM |
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Yeah either end of year or even till next year may, it will be down trent
It is time to accumulate now for all of us who are looking forward to the next bull run... before that many many things will change,so lets get ready for a great ride
So you're suggesting to catching a falling knife? If you suggest that it will still be a down trend until next year then that means the price will continue to either decrease or stagnant in certain prices which is why don't we wait until the bear run is over or at least if there is a sign of bull pattern?? Why should we waste money knowing the price can still be decreasing and also wasting our time, or perhaps there is some better suggestion to enjoy another great ride.  |
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Altero
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July 02, 2018, 11:28:36 AM |
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From technical analysis and candlestick pattern i see now the price of BTC is in the strong support and usually this is sign for the price going up more. The price of BTC and all altcoin is already down in big amount even any altcoin dropped till 1/15 and this is mean the price overbought and will be more easy to going up more.
Pretty much excited to see the market turn into green again and could be the start of moving into the top. I know we are patiently waiting for but sad to think that some individuals can't wait any longer. Anyway, we all not have luck in crypto and those easily give up, they might not fit in here. |
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Firefox07
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July 02, 2018, 01:43:01 PM |
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We cannot really tell 8f the bear trend is already over. Because the value of many cryptos always flactuate. But i am hoping that it will be over soon.
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Hammer45head
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July 02, 2018, 01:43:31 PM |
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I don't think it's time to panic, but I don't see why the bearish trend should be over either now because there aren't any preconditions for recovery, IMHO.
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hurry_hore
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July 02, 2018, 02:07:39 PM |
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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?
It is still not sure to say bearish is over, moreover on the time of this post was posted by OP since from that time until now bearish time has been dominant in crypto market. Even there is indication for reversal on several month ago but to be careful of bear trap. |
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