Market indicators indicate a reversal of the bitcoin trend.

[winstonchurchillwar]

I think the time has come ! What do you think, do you need to fasten your seat belts ?)
https://bitnovosti.com/2018/09/04/rynochnye-indikatory-svidetelstvuyut-o-razvorote-bitkojn-trenda/

[reactorjuno]

I think the time has come ! What do you think, do you need to fasten your seat belts ?)
https://bitnovosti.com/2018/09/04/rynochnye-indikatory-svidetelstvuyut-o-razvorote-bitkojn-trenda/

Not yet in my opinion.
Lately we have been more in a stable trend, we are probably in a critical moment, the bullish trend could start again soon.



It would be nice if Bitcoin price could overtake $8,000 again. If we manage that soon, I do believe we'll quickly head up to $10,000 again.
But to sum up my thoughts, I don't think there is a clear trend yet, at this point it's better to hold, or buy but with a stop loss at $7000. My opinion.


PS: your article is not in English so I could not bother   but I don't really agree about the falling channel and bullish breakout on that picture:



As explained above, we need to get close to $8,000 in my opinion for a clear breakthrough.

[Panetymerni]

I think honestly that we are still in a bear trend, todays situation with Bitcoin price showed it. Price is fluctuating between 6k and 7.500$ and doesn't want to go up for now.

[Antelopez2]

In this market bitcoin price can be fluctuating at any time and it ups and downs between $5000-$7000. I hope price will rise in near future.

[painkiller321]

I'm not sure if Bitcoin is the following any trend or not. The cryptocurrency market itself is very unpredictable. After the long bearish market, the price of Bitcoin is stable lately. I don't think that it is following any trend.

[hugeblack]

Lately, bitcoin has continued to defy TA; we do see a quick, massive sell-off in the market leading to market cap losing fund. This has serious been influenced by FUD and counter-FUD. Whichever way it takes, am keeping patient with the market. 

I think this is because altcoin is dumping more than FUD. all crypto market "except bitcoin" effects significantly.
ETH may drop below $ 200, BCH less than $500, ripple $0.2 and so on
Bitcoin at $ 6,000 and stable in that rang, If it starts the rise, we will reach 7000 as fast as possible.

[pooya87]

Lately, bitcoin has continue to defy TA, we do see  a quick massive sell off in the market leading to market cap losing fund. This has serious been influenced by FUD and counter FUD. whichever way it takes, am keeping patient with the market. 

bitcoin has always defied TA! that is why so many people don't even use it and those who do, don't put too much faith in it. apart from that in this case the TA was not even correct. OP got too excited seeing a low quality article on a low quality website. there was never any "market indicator" for a big rise. we have seen the reversal start a while ago though but that doesn't mean price is just going to make a U turn and rise to the moon all of a sudden.

[talkbitcoin]

there is a lot of indicators showing that bitcoin trend is going to change and tell us there is a rise on the way but at the same time there is one big indicator in the opposite direction telling us that the rise is not going to happen that easily.
that opposite indicator is the fact that ETF decision is on the way and there are newbies who might want to panic sell because of it.

[louie69]

In my opinion, i do not think that btc will be going down as per subject and I believe this bearish market may just be recurring but this could lead back to a bullish run in the next few days. People should remain steady and hold your btc this time since the trend might be starting to go for the recovery. I had high hopes for btc since it has already proven that it will regain it's market after every dips.

[reactorjuno]

Lately, bitcoin has continue to defy TA, we do see  a quick massive sell off in the market leading to market cap losing fund. This has serious been influenced by FUD and counter FUD. whichever way it takes, am keeping patient with the market.  

bitcoin has always defied TA! that is why so many people don't even use it and those who do, don't put too much faith in it. apart from that in this case the TA was not even correct. OP got too excited seeing a low quality article on a low quality website. there was never any "market indicator" for a big rise. we have seen the reversal start a while ago though but that doesn't mean price is just going to make a U turn and rise to the moon all of a sudden.

Exactly why I ignore the TA in the wall observation trend, if I believed peoples TA bitcoin would both be at 0 and 1,000,000 right now.

Strange how opinions can differ sometimes, IMO the price fluctuation last few months (since April at least) have clearly followed technical analysis. "both be at 0 and 1,000,000 right now" is absurd to say this, TA could predict 1,000,000 and also predict 0 and both could be right depending on the predicated date. I strongly believe it's possible to make shit loads of money with TA and at the same time Bitcoin to disappear soon or later. Both scenarios are not incompatible.  

[easycoin995]

It will be too soon to state that the market is in the bull run. But then again as far as the stability of the price level is in consideration, it is not in the bearish state either. So to conclude, the market is getting out of the bearish state and will soon hit the bull run.

[MarshMagpie]

The market has been in a stable position right now. The coins are no longer taking a fall and it seems to be rising very slowly, which is a good thing. We can't say for sure if it is hitting the bull run, but it is on the verge of it. One thing is for certain that the market is no longer bearish.

[marcitosi]

I believe that bitcoin is starting to move up after a long time. it seems to me that by the end of October we will see a very strong increase in investments

[bitcoindiary]

Bitcoin does seem to be in a place where it is not hitting any fall right now. So it can be safe to assume that the market is no longer in the bearish mode and will soon hit the bull run.

[geminiboy]

this is only the eyes of the game of big traders to drop prices, and they create panic in all markets so that many throw btc at cheap prices and big traders start buying it again, sorry this is just my opinion

[YuginKadoya]

There is no need to hurry to a bull run, But the next rise of value will be on the month of October, We can surely say that the burst in price back in a green road was very unlikely, But we should not hurry because I really think we might be tripped on the way towards the bull run, A sudden move like that can offer us another failure, Rethinking the situation and the TA can again be wrong, don't make sudden judgement that it will be this year, Because in my opinion we can let this year past without a bull run and go on with it.

[easycoin995]

The article that you shared was written in Russian and the translation of it didn't come out well in English, so I couldn't properly understand the whole thing. But, I could understand that it is about starting of a bullish trend for Bitcoin. I personally, don't think it's time yet. The price fluctuations are still very high and after the 1000$ drop that we have seen today I don't think bullish trend is nowhere near to start.

[cryptosmith03]

Though it seemed like the bullish trend is going to start soon but today's price dump has eliminated all the indications and signs of it. It is very likely that the price will remain like this throughout the year. But, what is fascinating me the most is that, despite a 100million worth of dump, Bitcoin is still holding strong at the previous low of 6,400$. Let's see how the next trend will benefit us.

[DenSamui]

No need to listen to bad news!

I'm sure that bitcoin is stabilizing

[KingKongBong4152]

The breakthrough is still too far away right now. After the recent dump which was definitely caused by manipulation the price of Bitcoin will take a good amount of time to recover and reach 8,500$ mark which was the highest in this year's market. But, future price will mostly depend on what the next trend will decide for us. Keeping fingers crossed right now.