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Author Topic: Bearish trend is over  (Read 2147 times)
portalufonet
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July 16, 2018, 02:43:42 PM
 #321

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
Currently there is no indication that the market has recovered but I believe that things are moving in a positive direction for the cryptocurrency market and investors can hope for that. Now is a great time to buy good coin cheap at present.
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July 16, 2018, 03:39:53 PM
 #322

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 do not think it's over yet, it can be seen that the market is in the long-term downtrend and the bitcoin price recovery is short-lived and the bitcoin price could drop sharply at any time. I think that at this point you should have specific plans before the deal and be ready for the situation where bitcoin prices can drop at any time.
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July 17, 2018, 01:44:29 PM
 #323

I believe, we would need the approval of the ETF proposal next month, and than the market would truly wake up. Right now we are not out of the whole imo.

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July 17, 2018, 02:43:41 PM
 #324

Still not sure it is completely over. The trend is absolutely not clear yet IMO, could imagine to see the price going both direction.
current situation looks like everyone are keep an eye on 6.8k level id it would be break  or not but in my opinion the bearish wind are slowly deteriorating and bullish ambiance may repplace soon.

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July 17, 2018, 03:04:39 PM
 #325

I think that only now we can say that bear market has truly ended. What a difficult period of time it was for all of us...
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July 17, 2018, 03:34:29 PM
 #326

Still not sure it is completely over. The trend is absolutely not clear yet IMO, could imagine to see the price going both direction.
current situation looks like everyone are keep an eye on 6.8k level id it would be break  or not but in my opinion the bearish wind are slowly deteriorating and bullish ambiance may repplace soon.
i dont this about this.bitcoin right now very confidence to make bull movement.and at the chart we can see inverse head and shoulder.it can be sign bearish trend is over.

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July 17, 2018, 04:21:14 PM
 #327

Though this post was posted on February saying that bearish trend is over, at this movement we all know it hasn't. But the good news is now bitcoin is in a small bull market where it can probably touch 10K limit which is a good news for all other alternative coins because I believe this bull market will continue about 1 month from now. Lets see how things gonna happen.
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July 18, 2018, 11:03:03 AM
 #328

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 would be awesome if the bearish market would be ended in February 2018, because if this would be true for now we were be wealthy and Rich. Unfortunately it is not the way how it is.
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July 18, 2018, 12:25:37 PM
 #329

I think at 6000 we were definitely somewhere close to the lowest possible Bitcoin price. Still see the bearish trend however, but the 10% growth today looks promising. With some strong indicator we could break through these resistences.

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July 18, 2018, 12:50:01 PM
 #330

Don't get deceive by the growing price right now. We cannot know when will this bearish trend will end. Now the market is growing but after a few days it suddenly drops again.

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July 18, 2018, 01:23:56 PM
 #331

Don't get deceived by the growing price right now. We cannot know when this bearish trend will end. Now the market is growing but after a few days, it suddenly drops again.

Yes, I agree with that. We are still on the 2nd day with the price increase so let's wait and see what will gonna happen tomorrow, day after tomorrow or even in a span of one week if this increase continues. And when that happens, then we can say that bearish trend is really over.
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July 18, 2018, 01:26:09 PM
 #332

"Over" is a very strong word, i do not think that it is over at 100%, but yes, it is almost over right now because everything is extremely bullish at the moment.

I am just expecting to see bitcoin going towards $14000 by next week at least.


Haha yeah this is not yet over because bearish trend is always there this pump up happen will not last we can see at we can see a downtrend soon untill bitcoin not yet brake the $10k level we all in the downtrend just my opinion.

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July 18, 2018, 01:33:48 PM
 #333

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 $25,000 before we can see another major bearish again. What did you think?
It would be awesome if the bearish market would be ended in February 2018, because if this would be true for now we were be wealthy and Rich. Unfortunately it is not the way how it is.
Yeah because after that time market fell much deeper, and now we are in hoping that with this small rise bull will continue to move much stronger and tried to bring some good sign of gaining new barrier, its been a little while when we see the value above 10k$ we are now seeking for this to move forward and start the spark, so new investors and traders will be attracted and begin to enter the crypto market.

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July 18, 2018, 01:35:00 PM
 #334

Yes. Today the market is rising slightly. But I do not see the upside trend. Maybe it will not be as explosive as before, so I think it will not be high so I will sell the coin at a reasonable price.
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July 18, 2018, 02:24:51 PM
 #335

"Over" is a very strong word, i do not think that it is over at 100%, but yes, it is almost over right now because everything is extremely bullish at the moment.

I am just expecting to see bitcoin going towards $14000 by next week at least.


Haha yeah this is not yet over because bearish trend is always there this pump up happen will not last we can see at we can see a downtrend soon untill bitcoin not yet brake the $10k level we all in the downtrend just my opinion.
$10k could be psychology level for bitcoin.much trader and speculator observe this level.they will decide will them sell or continue to buy.but if we looking positive news in market, its big possibility to break $10k
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July 19, 2018, 07:42:11 AM
 #336

We will see if it is over, right now I could still imagine the price going both direction. Maybe if we break 8000, it would be a good sign.

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July 19, 2018, 09:56:39 AM
 #337

I see a lot of people calling this period the end also, that we hit the bottom, however I still see us going lower, i suppose between now an August 10th we will see an uptrend, and if news is positive regarding ETF then this downtrend may finally be broken.

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July 19, 2018, 03:32:53 PM
 #338

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 am always amazed about those topics that I encounter here, because almost 6 months ago people were already thinking that bearish market is over, and still we were facing at 6 months after they thought like that.
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July 19, 2018, 03:53:37 PM
 #339

We will see if it is over, right now I could still imagine the price going both direction. Maybe if we break 8000, it would be a good sign.
I agree its too early to say that bearish season is over. if this strong movement yesterday would be followed by another 2 or 3 huge volume  which may breach the 8k level probably we are almost over with  the bearish season lets all hope there should be no FUD issues that may hit back the crypto world in the coming days.

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July 19, 2018, 05:10:23 PM
 #340

We will see if it is over, right now I could still imagine the price going both direction. Maybe if we break 8000, it would be a good sign.
I agree its too early to say that bearish season is over. if this strong movement yesterday would be followed by another 2 or 3 huge volume  which may breach the 8k level probably we are almost over with  the bearish season lets all hope there should be no FUD issues that may hit back the crypto world in the coming days.
fud i think is over now in cryptomarket.investor and trader already accustomed with fud.so their emotion and mental now trained well.we hope this bitcoin movement could continue until back to highest price ever.

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