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Author Topic: Bearish trend is over  (Read 2148 times)
A L I E N
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July 04, 2018, 09:36:10 AM
 #261

It really doesn't matter about these micro-scale changes in market sentiment, whether we're in a bearish or bullish trend now has little effect on the long term value of bitcoin or cryptocurrency in general. Trading is still profitable in either market, you just have to change up your strategy, when one coin drops faster than another the difference between them can be converted into profit, but you need to be quick on your feet and take advantage of the differences promptly.
I cannot say that we see now the bearish trend or a bull run. The market is simply changing all the time, and we cannot make now any predictions concerning the prices of the cryptocurrencies. IMHO.
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July 05, 2018, 10:42:03 AM
 #262

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.
Likewise. Although the bearish trend is not over, I always strongly believe that no longer bitcoin and many more coins will have a good news. Perhaps, the price will fluctuate positively in a period of time that no one can doubt about it. Besides, we all know that cryptocurrencies characterises its extremely volatile. Never do you see that it’s in the dip forever, definitely we will get the recover. Anyway, we’d better to  think positively than keep suspicious on price prediction. Bitcoin some last days has showed the sign of increasing, we therefore give our expectation on it instead of getting panic .
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July 05, 2018, 11:20:09 AM
 #263

It really doesn't matter about these micro-scale changes in market sentiment, whether we're in a bearish or bullish trend now has little effect on the long term value of bitcoin or cryptocurrency in general. Trading is still profitable in either market, you just have to change up your strategy, when one coin drops faster than another the difference between them can be converted into profit, but you need to be quick on your feet and take advantage of the differences promptly.
I cannot say that we see now the bearish trend or a bull run. The market is simply changing all the time, and we cannot make now any predictions concerning the prices of the cryptocurrencies. IMHO.

the best things that we can do is to always check the market before we do something so we know what will happen in the crypto market. at least, we can have a clue or some information about the trends. by collecting data from the market, I am sure that we can know what we need to do and if necessary, we can buy coins before the price increase higher. maybe this will be difficult, but I think in someday, we can easily to find what coin that is potential to increase.

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Ronaldcoin2017
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July 05, 2018, 12:05:04 PM
 #264

It really doesn't matter about these micro-scale changes in market sentiment, whether we're in a bearish or bullish trend now has little effect on the long term value of bitcoin or cryptocurrency in general. Trading is still profitable in either market, you just have to change up your strategy, when one coin drops faster than another the difference between them can be converted into profit, but you need to be quick on your feet and take advantage of the differences promptly.
I cannot say that we see now the bearish trend or a bull run. The market is simply changing all the time, and we cannot make now any predictions concerning the prices of the cryptocurrencies. IMHO.

the best things that we can do is to always check the market before we do something so we know what will happen in the crypto market. at least, we can have a clue or some information about the trends. by collecting data from the market, I am sure that we can know what we need to do and if necessary, we can buy coins before the price increase higher. maybe this will be difficult, but I think in someday, we can easily to find what coin that is potential to increase.
  Yes I agree on that, I believe that the market will not fall forever, time comes that the market will rise and the another bear time may occur or maybe take place. I believe that we need to be patient regarding on this down trend, because it is maybe a big opportunity for us to buy more and gain.
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July 05, 2018, 02:59:23 PM
 #265

Trading is just a cycle of bullish and bearish trend we experience already a 6months bearish season since last december 2017 major break out but to when the bullish trend occur that's a big question we can accurately answer as we are all speculating here but at the end of the day only the string hands and real bitcoin believer will survive ni matter how long the bearish market may exist.
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July 05, 2018, 10:07:45 PM
 #266

If the bearish season ends then why does the price still on the ground? I think of the two things now. First, the bear season isnt over yet, thus, still hoping for the perfect time to end it. Second, theres too many holders exist because of the stagnant market and it makes it that way untill they were finnish holding. The reason is still unknown.

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July 06, 2018, 01:47:09 AM
 #267

I also totally agree with your point of view. This time the downward trend has ended. I think it's time for bitcoin and altcoin to rise again, I have seen them grow slightly. A week ago I also bought a bitcoin and altcoin I would keep them. I hope the next time the cryptocurrency market will go well I will sell them at the best price
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July 06, 2018, 02:48:20 AM
 #268

I anticipate that the downward trend is slowing to a certain extent that it will quickly recover, in cycles as well as in our sinus chart it will quickly recover you can said  Bearish trend is over 
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July 06, 2018, 03:08:41 AM
 #269

I still believe its still bearish. Not much movement of the price. It may seem that there's an uptrend but if you look closely, the price just got back from 2 weeks ago and move sideways after recovering. I still see the worst may still yet to come as we approach August where Chinese ghost month starts until Mid of September. For Asians specially Chinese, its not a good idea to start a business during the Ghost Month.
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July 06, 2018, 03:11:03 AM
 #270

I still believe its still bearish. Not much movement of the price. It may seem that there's an uptrend but if you look closely, the price just got back from 2 weeks ago and move sideways after recovering. I still see the worst may still yet to come as we approach August where Chinese ghost month starts until Mid of September. For Asians specially Chinese, its not a good idea to start a business during the Ghost Month.

Interesting. Just googled it. I have never heard of this ghost month.
But if that is true, we will have to wait for another 2 months.
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July 06, 2018, 07:21:46 AM
 #271

No, the market is slightly rising and tends to fall back, I think they will not rise and continue to decline. But I still expect that market will increase in August.
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July 06, 2018, 10:02:51 AM
 #272

Look at history of price action of BTC since 2011, the price been drop until maximum 80% so actually hard to predict when BTC will be going up again. But in the long term the price will be able to go to higher than $20K because alot of good news in the market and also will more new investor jump in to crypto investment. Iam bullish for Bitcoin in the long term, and maybe be up trend just started.
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July 07, 2018, 11:05:17 AM
 #273

I love how people kept saying now its over no its not yeah it is over and over and over again. This topic was started back in february, we are still going up and down. It is bitcoin guys it will forever go up and down forever until we all die. It will never only go up or only go down.

Focus on what it will do next, not what it will be doing for long term. Or focus on what it will do long term and not check out the price every 5 minutes if you are a long term holder.

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July 07, 2018, 12:19:00 PM
 #274

Look at history of price action of BTC since 2011, the price been drop until maximum 80% so actually hard to predict when BTC will be going up again. But in the long term the price will be able to go to higher than $20K because alot of good news in the market and also will more new investor jump in to crypto investment. Iam bullish for Bitcoin in the long term, and maybe be up trend just started.

Lol. When you say long term, that could mean we may need to count years before we get the movement we want. Hopefully a lot of people, especially those that bought in when the price was higher, can keep their patience up for a long time.

 
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July 07, 2018, 12:27:12 PM
 #275

Don't the price cycle of the cryptocurrencies, bull and bear are always following each other. Unlike last year , which I called bullish year because of almost non-stop price surges, this year bitcoin might experience more price dips because of the so called accumulation. Bitcoin now is good for long term and it may bounce back again to a greater heights after several more dips and some price uptrends.

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July 08, 2018, 01:05:02 AM
 #276

Not now dude, it's a trap to bait you're going in and they will eat you alive immediately, mark my words.
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July 08, 2018, 02:52:24 AM
 #277

Look at history of price action of BTC since 2011, the price been drop until maximum 80% so actually hard to predict when BTC will be going up again. But in the long term the price will be able to go to higher than $20K because alot of good news in the market and also will more new investor jump in to crypto investment. Iam bullish for Bitcoin in the long term, and maybe be up trend just started.

Lol. When you say long term, that could mean we may need to count years before we get the movement we want. Hopefully a lot of people, especially those that bought in when the price was higher, can keep their patience up for a long time.
buy while bitcoin price at the top makes us confused between going to sell or still hold it until at least no loss. if we sell then we will lose. but if hodl it  we are afraid that the price will go deeper.

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July 08, 2018, 11:26:48 AM
 #278

It really doesn't matter about these micro-scale changes in market sentiment, whether we're in a bearish or bullish trend now has little effect on the long term value of bitcoin or cryptocurrency in general. Trading is still profitable in either market, you just have to change up your strategy, when one coin drops faster than another the difference between them can be converted into profit, but you need to be quick on your feet and take advantage of the differences promptly.
I cannot say that we see now the bearish trend or a bull run. The market is simply changing all the time, and we cannot make now any predictions concerning the prices of the cryptocurrencies. IMHO.

the best things that we can do is to always check the market before we do something so we know what will happen in the crypto market. at least, we can have a clue or some information about the trends. by collecting data from the market, I am sure that we can know what we need to do and if necessary, we can buy coins before the price increase higher. maybe this will be difficult, but I think in someday, we can easily to find what coin that is potential to increase.
  Yes I agree on that, I believe that the market will not fall forever, time comes that the market will rise and the another bear time may occur or maybe take place. I believe that we need to be patient regarding on this down trend, because it is maybe a big opportunity for us to buy more and gain.

the market will rise and all of the prices will increase back. but unfortunately, we don't know this will happen and what we can do is only preparing for the times. patience is really needed to wait for the price increase again and if we still have money, then maybe we can buy more bitcoin and altcoin so when the price really increases, we can sell to make a profit.

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July 08, 2018, 11:58:48 AM
 #279

The trend is on high now but its hard to say that it won't go the opposite again. Tough its quite likely that by the end of the year we will see a new high for Bitcoin, perhaps over the high from last year.





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July 08, 2018, 01:07:56 PM
 #280

The trend is on high now but its hard to say that it won't go the opposite again. Tough its quite likely that by the end of the year we will see a new high for Bitcoin, perhaps over the high from last year.
It is still too early to say that the bearish trend is over with just a few days of continuous rising in the values on bitcoin and most altcoins in the crypto-currencies trading market, I guess more positive news on crypto-currencies is needed for the next few months in order to attract more new investors to invest their money into the trading market for another bull run to appear.

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