Bearish trend is over

[Savemore]

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 don't think so because the bitcoin is currently experiencing dump, the current price of bitcoin is $6100 per each and it seems that it will go down more. I am really sure that the cryptocurrency market will have a hard time to recover.

[lelilulu]

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?

the dark world of cryptocurrencies is not over yet, sir. Bearish still continues and our expectations I think are there in the months leading up to the end of this year. If until the end of this year the situation is still gloomy like this, I am afraid the apocalypse will actually happen in the world of cryptocurrencies.

[Huy Mai]

In my opinion, bitcoin is going to the end of downtrend.
- Bitcoin need to re-test 5k5 to have a good pump.
- Around October, bitcoin could exit the downtrend and starting uptrend. It could achieve 10k-12k6.
- For altcoins, we can consider to buy from now. They will  escape the downtrend before bitcoin.
Do not sell anything at current situation. If you can do trading, it's good. If not, just hold and wait 2 months. Good luck!

[ethereumhunter]

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 don't think so because the bitcoin is currently experiencing dump, the current price of bitcoin is $6100 per each and it seems that it will go down more. I am really sure that the cryptocurrency market will have a hard time to recover.

bitcoin still getting down for now and it seems, the price wants to get down for more but I hope that I am wrong and the price increase again. we are in 6 months to see cryptocurrency in a low price and maybe this year is like in the last year which also getting down. I am sure that soon, cryptocurrency can increase the price so we can see the situations is change again. actually, if we compare between the last year, we are still in the high price so we can still make a profit from this situation but it's really difficult for now and we can only stay calm and be patient.

[ernoo]

SEC will announce on the 10th of August, if accepting the new ETF proposal. If it happens, than we can be very optimistic.

[Rainbow009]

Not yet (from the current market flow).
There were a few pumps over the past few months, but nothing has been sustained as yet.
We cab only hope for some organic growth in the final quarter of the year.

[alizalela7]

Recently the price of bitcoin has slowed as well as they gradually recaptured them for bitcoin price has more than 6000 for every bitcoin you ever expected that bitcoin would peak to 50000 dollars

[Morgann]

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?

The bottom is undeterminable because the market price is volatile so we should hold our coins today because the value in the market is currently dumping and wait for the price to grow up again before selling.

[AnCapFree]

with this situation now, I dont believe that Bitcoin can reach 20000$ in this year. my prediction is 10000$ is max. South Korea government are considering allow ICO again. There are so many good news in the market will push the price raise

[Adolf Cryptler]

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 wasn't over and I am afraid it's not over yet either. I guess we need to see a capitulation before we can call the bottom. This is the kind of games the whales like so much to play, and they wouldn't miss to profit from a mega-capitulation.

[BitcoinMyBlood]

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.

When the price hit $10k in this month, I will be confirmed that now the bearish trend has over and the growing trend has started. Most of the people converted their money to Altcoin because they didn’t want to lose their money. It will take time for those people to invest in bitcoin back negative news and statements diminish the value of bitcoin in the market.

[TontomHit]

As I see, we are quite close to the bottom, but we need some indicator, which would drive the price going up. Maybe the new ETF proposal.

[renz0]

I believe we are still in a bearish market. From bitcoin price at $6800 now it is down at $6300. No one can tell what will gonna happen next. Our expectation that it will somehow break the $7000 margin was totally gone. I started to lose hope with bitcoin and was planning to sell them all and try my luck on altcoins if this bearish market continues.

[rocketbits]

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.

About the market of Bitcoin we do not have to bring something which is permanent here because the market along with its value and demand rate alters in different times. This is a market with unstable factors so it requires a strong support and common use due to which it will become stable. Now the market price has increased a little to 6.6k dollar which is good improvement so I think bearish trend will finish.

[robotrobert]

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.

These are hard decisions but you have to make them. You can’t just live them out for no reason but a definite and according to the plan decision must be given so that you can earn good income at the end of day. Well, as far as buying and selling are concerned, there is basic rule in trading that buy low and sell high and if things are not in these two, just hold for best possible time.

[Cryptokarl]

No one can accurately predict the market or predict which direction the market is heading to. The bear market is still very Much active and no one knows when it would be over. But hopefully, the bull market would come into play soon

[ethereumhunter]

No one can accurately predict the market or predict which direction the market is heading to. The bear market is still very Much active and no one knows when it would be over. But hopefully, the bull market would come into play soon

you are right, we can only hope that the market will go to increase again. but meantime, we can add more amount of the coins that we have so when the price really increases, we can expecting to make a bigger profit. the market will bounce up in the rest of this year so we can be back to make a profit like what we want.

[mulukey]

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?

At the moment, the market is still on the downward trend and things are getting worse. Because traders expect strong growth but it is too long and the market has not changed. I think it is being manipulated and this is not a good time to trade. So keep on holding and wait.

[sultanGol]

Still not sure it is completely over. The trend is absolutely not clear yet IMO, could imagine to see the price going both direction.

[rumexx]

All of us are just speculating without any concrete prediction. This is as a result of the speculative nature of cryptocurrency. Around the end of last year we were met by the bearish altitude of the market after the market hits $19,400 that is when the market slide till where we are. We hope that the end of the year will bring the end of the bearish condition of the market.