whofeelsitknowsit
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Merit: 10
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July 31, 2018, 12:57:52 PM |
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Looks like the bear market is not over yet. Although all technical indicators would suggest the market is WAY oversold, I fear this one will be a protracted bear market. This isn't unusual though -- each of the last three bull years was followed by a deep bear year.
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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Sean25pogi
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Activity: 364
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July 31, 2018, 06:54:16 PM |
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Actually yes because the demand is raising and the number of peoplewho invest in cyrptocurrency cannot be controlled by them which is a great thing to avoid the monopoly in the market.
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tessaphin
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July 31, 2018, 07:07:10 PM |
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All will be clear what is happening and how this will work depression still exists but we all need a positive attitude and hopefully this can be good for all crypto communities.
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Prolifik
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July 31, 2018, 07:09:03 PM |
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We thought that bear is over. But it seems that it was another bull trap and whales need to earn more money before we find the new All Time High again. We need to regulate crypto and avoid the manipulations to make the cryptocurrencies interesting for big investors.
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Wearegoodfrends
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July 31, 2018, 07:21:24 PM |
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As time showed, it was not a switch. Unfortunately. There is some hope for ETFs. But I'm afraid to imagine what will happen to the market if bitcoin and cryptocurrency will be a negative decision.I now think what to do -- buy bitcoin or Vice versa completely go to fiat.
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Youngflydude256
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July 31, 2018, 07:40:28 PM |
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The bear market doesn't seem to be over yet just some few days of green candle and back to red like it has always been since the beginning of the year. I don't think cryptocurrency will see the same level of success it saw in 2017 this year. Its sad.
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BeeDrill
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July 31, 2018, 07:43:29 PM |
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Most likely not yet, it seems that prices may fall further and yet it is unclear how much this can go on, it is worth buying a crypto currency and waiting
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powerman24
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July 31, 2018, 09:35:44 PM |
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We are far from it to say that the bears has gone. There are some green days but this rise of the market is still a speculative one, and connected to ETF approval. Hopefully Sept-Oct the market will be ready for a bull run in 4Q.
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ujinice
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August 01, 2018, 10:02:22 AM |
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Bearish trend can not end until new investors enter the cryptosphere, I think we should wait for universal legalization, only it will be able to reverse the negative mood of investors.
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dzelenyanskiy
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August 01, 2018, 12:40:04 PM |
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Look at the situation in the crypto currency market - again the price of bitcoin fell by 7-8%, while the price of altcoins, including ethereum, fell by 10%. What is it - an attempt to keep the price of the bitcoin by transferring money to it from other crypto currencies? It seems to me that we are very much falling this time
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Oksan89
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August 01, 2018, 12:54:41 PM |
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Not yet ) it can be over only at the end of the year, perhaps in December, but can last in the next year too. We just need to wait for bulls market to sell our coins, and now it is a very good time to buy.
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kamilah147
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August 01, 2018, 12:57:29 PM |
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The bear market doesn't seem to be over yet just some few days of green candle and back to red like it has always been since the beginning of the year. I don't think cryptocurrency will see the same level of success it saw in 2017 this year. Its sad.
I also think that the bear market will not end, because the current market is still dropping, so it takes our patience to overcome everything. because of the declining market we still have to support.
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Diablesfunis
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August 01, 2018, 01:02:35 PM |
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I don't think so, we are still in the downward trend eventhough there's a few times we broke the resistance but they seems like a manipulation as it only happen in a very short time frame. Some green doesn't mean the bear market is over and right now the best decision is to monitor your alts so that the price won't drop too much and be patient for another opportunity.
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sjbi
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www.thegeomadao.com
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August 01, 2018, 03:04:50 PM |
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Not exactly the way you are thinking. Going green and red is the usual phenomena of cryptocurrency given its volatility. See the market is in the red again. It was in the green just two days ago. I think the bear market is not over yet. It will continue until the end of the year 2018, as the year is witnessing regulations.
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fcklife
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The Exchange for EOS Community
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August 01, 2018, 03:07:10 PM |
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Everybody hopes, but nobody really knows when the market will go up. Crypto is still an absolutely unpredictable area.
That is the constant thing about cryptocurrency,it is unpredictable. Nobody knows when it will go up or down,but if you have a history of the market,maybe you can guess when to buy or sell.
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joann15
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August 01, 2018, 03:11:38 PM |
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The Crypto market is changing gear gradually.... Red to Green. Is it what am thinking?
As long as the total market cap is not increasing the bear market is not yet over even if BTC price touch around more than $8500 but still it not goes to altcoins we still need solid news for new moneys come here in crypto market.
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jermainephoe
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August 01, 2018, 03:13:05 PM |
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I think the uptrend is still in vogue and its possible we are tending towards bullish market. I have already made up my mind to invest into some altcoins before the real bullrun sets in.
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ityandsyn
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August 01, 2018, 03:18:07 PM |
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The Crypto market is changing gear gradually.... Red to Green. Is it what am thinking?
This is what wee see with every 1K Green candle it is normal and we have seen such scenarios 3 times over the past 6 months. Per my understanding, BTC was facing a strong resistance at $6800 which in turn has now moved as a strong support. Yes that is true the crash is over and we are now on the way to recover since the price of bitcoin is going to rise up slowly from $5600 to $8200 in just a span of 1 month , so there I conclude that the market is going to green , and hoping that these will be continue until it will reach the highest price .
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BTalarmus
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August 01, 2018, 07:52:36 PM |
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In my opinion the bears are going to have a rest few months until bitcoin will rise as it was last year. It will bring profit for them. They bought a lot last months and they are interested now in growth in prices.
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13ex07
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Thank you for +Merit
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August 01, 2018, 07:57:23 PM |
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Looks like it's a local climb. The main movement we will see at the end of September. This is my assumption on the basis of information from various sources.
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