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Author Topic: Bearish trend is over  (Read 2147 times)
micle222
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July 10, 2018, 02:56:30 AM
 #281

Hopefully my hopes of Bitcoin do not keep falling, because when I'm writing this post Bitcoin is priced at $ 6,666. And you write this Bitcoin Thread at a price of $ 10,000 on February 17, 2018.

Hope all Bitcoin holders by the end of 2018 will be green again its market, because we are now really at the bottom point this year.
ClackKendi
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July 10, 2018, 03:01:05 AM
 #282

Whether or not the price of bitcoin has fallen, but yesterday ended bitcoin prices were over $ 6000 I think we will be through the end of the downturn and bitcoin prices will be crowned
GrayFullbuster
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July 10, 2018, 03:08:37 AM
 #283

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?
If you will analyze the chart, you can find out that the bearish market is still not over. Most of the cryptocurrencies are still experiencing dump, I am sure that most of the cryptocurrencies will have a hard time to recover.

ganjasmokingg
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July 10, 2018, 03:23:49 AM
 #284

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?
That happened and the current price of Bitcoin is $ 6k8. That is a very low figure and makes a lot of investors panic. This downturn has left many bankrupt. But we have experienced a difficult period, the market seems to be recovering. So this is the opportunity to buy the bottom and sell high when it rebounds strongly.
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July 10, 2018, 03:47:54 AM
 #285

The market has a zig zag kind of movement. The price of bitcoin might have slightly increase, but certainly does not mean the bearish trend is over. In my own opinion, i think the bearish trend would be over when bitcoin price crosses above 10k.

Koro-Sensei
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July 10, 2018, 03:57:55 AM
 #286

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?
Well your statement is true you've predicted it will hapen and now it's july we suffer from little to great loss. Looking back maybe somebody didn't recognize your claims but as of now it is clear as day that merely predictions like this can happen sometimes I look forward to your future predictions ciao.
Obama07
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July 10, 2018, 01:20:10 PM
 #287

Not only you, in this cryptocurrency market there are too many people think a bearish trend is over but still now the bearish trend is not over. Sometimes it shows growing very faster but in a couple of days later again start a bearish trend. Hope it will be end soon because if you see previous market condition you can understand very easily. When the bearish trend will be over market must recover his condition.
Alfiehob
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July 11, 2018, 12:23:53 PM
 #288

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.
In my opinion the bearish trend is still there because people are still hesitating to put their money in bitcoin. The price is very low and the growing ratio is low. Even there are corrections too in the price. We will to wait for some more time to see bearish trend coming to end. Trust of the people still doesn’t build up again and they need more time to come back.
valentine401
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July 11, 2018, 12:34:09 PM
 #289

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?

Most of the people today is always depending on the speculations in the market and the price of bitcoins might really reach $50k dollars if people will focus on investing more than selling their coins today.
SkustaClee
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July 11, 2018, 01:08:59 PM
 #290

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?
According to many cryptocurrency analysts, they say that the bearish trend is now over. They say that the bull market will now occur in the following days. Bitcoin has now strong support and resistance, it is the reason why the price of the bitcoin is now currently increasing.
Hassan02
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July 11, 2018, 01:27:50 PM
 #291

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?

Most of the people today is always depending on the speculations in the market and the price of bitcoins might really reach $50k dollars if people will focus on investing more than selling their coins today.
well waiting when it can be may ever have to happen are very good thing you may not yet even have to be stress for when you are focusing o the market and not making and listening for some speculation to be.
CASTIEL05
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July 11, 2018, 02:40:49 PM
 #292

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?
As the month of July enters, I think that bear market will replace a bull run market. But as we experience later days, it seems like it is salty for the trader due to the stability of bitcoin around  $6400 and $400 in ethereum. However, we should not become hopeless because if the bull runs start, we will cherish the long term period the we have waited.

plpatel
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July 11, 2018, 03:02:04 PM
 #293

Hopefully my hopes of Bitcoin do not keep falling, because when I'm writing this post Bitcoin is priced at $ 6,666. And you write this Bitcoin Thread at a price of $ 10,000 on February 17, 2018.

Hope all Bitcoin holders by the end of 2018 will be green again its market, because we are now really at the bottom point this year.

I too hope that Bitcoin has bottom out, but fear still remains there. After hitting all time high, Bitcoin has been showing weak trends continusoly, it has fallen on every rise it has shown.

As you have noted in first week of July 2018, Bitcoin is trying to remain above %6.5K, but I think for bull to show it's full strength it has to move above $7K. There after only I think bull will gear up for next bull run.

meerkatoken
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July 11, 2018, 03:44:13 PM
 #294

Hopefully my hopes of Bitcoin do not keep falling, because when I'm writing this post Bitcoin is priced at $ 6,666. And you write this Bitcoin Thread at a price of $ 10,000 on February 17, 2018.

Hope all Bitcoin holders by the end of 2018 will be green again its market, because we are now really at the bottom point this year.

I too hope that Bitcoin has bottom out, but fear still remains there. After hitting all time high, Bitcoin has been showing weak trends continusoly, it has fallen on every rise it has shown.

As you have noted in first week of July 2018, Bitcoin is trying to remain above %6.5K, but I think for bull to show it's full strength it has to move above $7K. There after only I think bull will gear up for next bull run.

I totally aggree. Except that today BTC briefly fell below 6300. Which is insane from 6700 just a couple of days ago. Bottom line is noone knows where is the bottom Cheesy It should be the 6K level but Im afraid we will have to defend it once again before the real bull reversal.
lance04
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July 11, 2018, 07:31:01 PM
 #295

I think that is true, not all the time the company always leads.
There will be someone else will raise  again and will replace that spot and the company should be aware of that thing.
MarchToke
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July 11, 2018, 11:55:58 PM
 #296

Well, i don't easily believe in a green-colored market because i know how crazy cryptos are. It may look green today but anything can happen in the next couple of hours because crypto prices are in a constant rise and fall so it's really hard to say if we had already get out from the bear market.

Cosbycoin
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July 12, 2018, 08:24:36 AM
 #297

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?
Unfortunately it wasn’t over, rather it even got down to the rate of $6k lol. I’m even seeing some people that are predicting that the price will go down to $5k, but I hope that it doesn’t, although that wouldn’t be a problem to me, cause I believe that even if it goes below that price rate, one thing for sure is that before the end of this year it will recover. I’m just looking at $15k for now. If it reaches that rate. I might sell off some of my BTC and then wait to see what happens next.
sumanto
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July 12, 2018, 08:26:51 AM
 #298

yes you are right bearish trend is over it's time to re-buy and pray to get back up again because I'm sure a lot of stuck in high price and everyone has hope to get back to the high price again.
Ziskinberg
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July 12, 2018, 11:49:25 AM
 #299

yes you are right bearish trend is over it's time to re-buy and pray to get back up again because I'm sure a lot of stuck in high price and everyone has hope to get back to the high price again.
It's not over yet, we will see it's over if the price will constantly go up.
For now, we have seen the price almost break $7K but after the hack news of one of the exchanges, the price fall back again.

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GeckoTrader
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July 12, 2018, 12:20:06 PM
 #300

Its good to back read this conversation to see the prediction of others if it right or wrong and the mere purpose of it is to learn how does the people react with the trend of cryptocurrency. As you can see, this thread is very informative and give you a hint on how to  decode the price action of bitcoin.
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