BTC below 8459 could signal a Bear Market

[Tilbrook007]

A break below $8,459 would signal a short-term bearish reversal and open the doors for a deeper sell-off = Bear Market

1 Mt Gox trustee sold over the counter
2 whoever bought it takes a short on the CME and sell them
3 BTC goes down
4 They then buy in at the low price!
5 They make a profit


Opinion Only guys but a possibility!

If the market turns to shit load up on LTC: LTC will kick ass soon: Opinion!
Also load up on ETH

[Swenna]

A break below $8,459 would signal a short-term bearish reversal and open the doors for a deeper sell-off = Bear Market

Opinion Only guys but a possibility!

If the market turns to shit load up on LTC: LTC will kick ass soon: Opinion!
Also load up on ETH

Having a proce of $8459 doesn't mean that we will enter a bear market. In fact, for me, that price is still high compared to the last dip that we had just experienced. How did you end up with such an opinion? Still, the price of bitcoin is still playing between the range of $9000 and $8800+.

[Tilbrook007]

The next bear will be big but the one that triggers the real bull market

[Seetheummerallyeah]

Funny how you can go from a bear market to a bull market and back to a bear market in under a week...

[kindbtc]

I hope it will hold 8500 mark otherwise we may see more down trend that will not be good for recently positive looking market, lets see how market turns out to be.

[lider1971]

Perhaps there will be a temporary correction , it would be time for the market to grow as it was last year . Uh, there were times .  )))

[Tilbrook007]

Funny how you can go from a bear market to a bull market and back to a bear market in under a week...

This bull had no substance: Think about it!

[bitkanu]

Actually, not going to offend anyone who don't agree with me but this kind of saying "if btc goes down below xxxx dollar then it's bearish market" is what making that bearish market really happen.
It's like self fulfilling propechy and the same thing happen to those to be said trading analyst that uses trading pattern drawing line here and there, they are indirectly influencing the market.

[MOProgress]

A break below $8,459 would signal a short-term bearish reversal and open the doors for a deeper sell-off = Bear Market

Opinion Only guys but a possibility!

If the market turns to shit load up on LTC: LTC will kick ass soon: Opinion!
Also load up on ETH

Before now I have said the bull run may not started at the beginning of the 2nd quarter. I always believe that the bull run will be between the middle and the ending of 2nd quarter, so it is normal that we may experience short term bear before the final bull run of the year.

[Stavri]

bear market is goin on for more than 4 months. it is not ended yet. i dont think trend is goin to change until bitcoin can stay over 10k usd for a while with good volume. people still scared to keep and whenever they get some profit they cash out. that is why it is going down back all the time.

[Jonsnowstark]

Many people are becoming experts in predicting the bear and the bull now. The current decrease won't go beyond 8,700. Its just a slight correction. Bitcoin has somehow stabilized looking at the movement recently since the huge correction. Its gouling up slowly but you can really see that its movement somehow is nearly stable.

[Tilbrook007]

The rise of the alts is just pump and dump and BTC has no legs.
Dudes are taking profit and there is no momement for higher levels at the moment.
LTC is the indicator: in other words the market is in deep shit!

[icalical]

I don't know why people is freaking out with this price correction happend today. We all have seen the upward breakout two days ago. And the price has been increased significantly since then. It is a normal correction for this bullish trend. We just had a bullish trend signal two days ago, it would be ridiculous if we go bearish again. But it still could happend if everyone just do panic sell.

[Lumada]

bear market is goin on for more than 4 months. it is not ended yet. i dont think trend is goin to change until bitcoin can stay over 10k usd for a while with good volume. people still scared to keep and whenever they get some profit they cash out. that is why it is going down back all the time.

I still consider this month a recovery month, its still recovering from dips same with investors and holders that gets too impatient thats why even it increase alittle they decide to sells it right away, still recovering from a bearish market.

[Tilbrook007]

bear market is goin on for more than 4 months. it is not ended yet. i dont think trend is goin to change until bitcoin can stay over 10k usd for a while with good volume. people still scared to keep and whenever they get some profit they cash out. that is why it is going down back all the time.

Correct: but most bitches can’t see it.
Surveys indicate that the general public are not interested in Cryptos.
Until the big players announce they are involved this market has no legs.
Without regulation the big players will not make a commitment.
This situation could change but the market will slide until that happens!

[Tilbrook007]

I don't know why people is freaking out with this price correction happend today. We all have seen the upward breakout two days ago. And the price has been increased significantly since then. It is a normal correction for this bullish trend. We just had a bullish trend signal two days ago, it would be ridiculous if we go bearish again. But it still could happend if everyone just do panic sell.

That is why big money has not entered the market. This market does not make sense. It is extremely dangerous!

[DAVETUN]

The bull season is yet to be on fully, with the increase we have for the past two days, lots of profit taking took place, sure in few days to come BTC will sure stabilize and commencement of BTC bull for the year happen mid April base on my past study.

[gunhell16]

A break below $8,459 would signal a short-term bearish reversal and open the doors for a deeper sell-off = Bear Market

Opinion Only guys but a possibility!

If the market turns to shit load up on LTC: LTC will kick ass soon: Opinion!
Also load up on ETH

It can start another bear market, but it can also be a start of the bull run that we are waiting.
We dont know what will really happen in just minutes.
But for me i will still hold BTC.

[maxim4eg123]

Exactly like that. if next week. Bitcoin goes down and breaks the 8k5 support, I'm sure the bitcoin will continue to go down to 6k5-7k. And if this does not happen then a bright future will come. bitcoin will go up over  10,000$

[TradeCrypto]

I am looking into marketcap it’s fluctuating between 390 billion to 402 billion . It might be the signal for short term bearish trend . Also possibility for next big bull run . Market just took 2 weeks bullish momentum . I think next target will be 550 billion .