BTC bear market over?????

[Ansdaoust6]

We should not conclude for small increase in terms of Bitcoin price and we have to be very careful at the present situation of the market because the prices are kept increasing and which we cannot able to expect how much the prrices are going to be in the coming days.

Yeah, the issue here is that people tend to jump into conclusions a lot just when they see that the market is tending to do some good movement upward and they just tend to assume that because of that the market is already in a bullish uptrend but technically, we are still in a bear market and until we are able to at least imprint a higher high and a higher low, before we can even start stating anything serious about a bullish trend. For the fact that we are even still inside a wedge formation, nothing should be certain yet.

[Mavzi]

I don't think so... the bear market will live until institutional investors come to cryptomarket. Till this moment we will flet 5000-8000$.

[Vit83]

I want to believe that bear BTC market is over, but I see quite low volumes on btc trades. IMHO we need to wait a little bit.

[GelatikKembar]

Honestly i still feel its a bull trap and bitcoin will reach down below 5800$, before real bull market begins...How many of you guys agree with this ?

Honestly I think bearmarket is over, now it's time for a new ath for the global marketcap. Global adoption is going on, a lot of more customers and advertising. I guess BTC need to be trillions marketcap as soon as this correction ends. I'm believe BTC is already corrected, this is one of the smaller correction in btc history if I'm right, this could mean we will see the biggest pump very soon.

still cannot be ascertained because the price movements in the market are still unstable and wasn't show a large increase, so there is still a possibility that the bearish will continue again because we know that in cryptocurrency always gives a sudden surprise.

[BitcoinCommodor]

You rejoice early my friend, bitcoin is still ahead, I think we have not reached the very day. But I am convinced that the beginning of 2019 will be successful for us.

Bear market over in other words can be depicted as the start of the bull market and the bull market has certain signs like the consistent rise in the values of Bitcoin, a good level of stability and accelerated flow of funds into the market. The ground realities are a bit different and we cannot say that the bear market is over. Yes it might be near to over and the start of the Bitcoin recovery might initiate soon but again it has not yet initiated.

[Aschcraw]

little pump , but will go down again . low volumes . watch the old days happen the same things .

[robotrobert]

indeed the bear is not over and the market still has the potential to fall. i think btc has reached the lowest price for this year and be careful not to trust or get stuck, so avoid losses.

This is unfortunately right. The bear market is still hanging like a sword over the financial head of the market. There have been severe reductions in the worth of the portfolio people own even in the portfolios of the richest people. So the bear market is still here but luckily Bitcoin has gotten a little stable than it had been before. Besides, some among the experts expects a sharp rise in the crypto market and they call it the Christmas boom.

[maxim000]

Not yet over, but many institutions are expected to enter the market by the year end which is likely to bring a bullish wave. We are approaching the year end and the usual market sentiment is bullish. We will soon see positive price rallies in coins.

[Coinrush20]

Its been holding quite decently after it suffered massive decline form the previous month, well im more hoping it can go down to 5800 USD so i can buy, we have not seen any major movement with BTC so far and it still bearish and has not fully recovered yet. Best to wait for a significant move before we act.

[Dvd1989]

Pfff, 6.800 again shows to be a resistance that's hard to break through. We touched it, and now we fall back to 6.600. I'm hoping we will break through hard when BAKKT gets launched.

[tabas]

I want to believe that bear BTC market is over, but I see quite low volumes on btc trades. IMHO we need to wait a little bit.

Having a volume of $5B per day isn't low. But it doesn't change that the market still needs to be buffed by any good news and other adoptions. Yesterday there's a good news about how google lifted the crypto ad ban and the market did really great but it looks going low again.

[CrazeCoinz]

Honestly i still feel its a bull trap and bitcoin will reach down below 5800$, before real bull market begins...How many of you guys agree with this ?

it seems the bitcoin price is slowly climbing up and this is a good sign that the trend has slowly reversing to a green market and once a good news from the ETF this might start a good rally to push the price higher. I'm hoping for a positive outcome before the year end.

[Cosbycoin]

i think yes, btc bear market is already over

For btc, there is no certainty yet, even though the market has been trying to hold up for some time now and we can see the momentum increasing towards the bull side, but as long as we are still in a wedge or a descending triangle like I have been saying, I still remain bearish unless I just want to take some quick risk with some tight stop loss.

Nonetheless, there is no doubt that the signals in the market across board is really looking very good starting from the weekly candles to all the indicators showing some bullish signals, but at the same time, it is not always bullish until there is a clear break out signal with volume. I may not be too sure yet on how far bitcoin even will go on breakout, but it seems the alt market is ready to make a huge move.

[fyimiss]

I don't know, everything is just speculation, the price of bitcoin is unpredictable. If I guess, I feel that it is still a bear market, and the cow does not know where to go.

[upsidedown75]

Nobody knows for sure... crypto market is too valotile and manipulative.  For today whales can do whatver they want...

And nobody will ever know with the only thing we can do being the fact that we just have to blend with the trend.
The market is still in a descending triangle or can we say a falling wedge in whichever way we want to look at it, but at the same time, at moments, like this as long as we are still inside these conditions and patterns, the market is always going to be bearish until we get to see a clear direction based on break out with good volume, so no one can say now if bear market is over or not.

[ymirymir]

Honestly i still feel its a bull trap and bitcoin will reach down below 5800$, before real bull market begins...How many of you guys agree with this ?

It's actually difficult to trust the current market price, whether if it's the end of the bear market or not. The market already showed a lot of sign that the bull market is about to start a lot of times and failed to fully recover. Let's just see what will happen after a few months and do not expect a lot from it.

[rickadone]

Honestly i still feel its a bull trap and bitcoin will reach down below 5800$, before real bull market begins...How many of you guys agree with this ?

in my opinion this is a bullrun rally, and it's time for you to buy bitcoin and altcoin,
like ripple, ethereum, monero, and eos

there goes my next pay cheque

Next paycheck indeed as most people's expectation. Actually, it is beginning to look like it mostly, considering what the altcoin market has been showing throughout this week and how fast some already are beginning to move and breaking out to trade above some major resistance with some bigger room to grow the more.

Not so sure how things would go with the btc market though in the short market, but with bitcoin in a proper consolidation or slow movement upward, I believe the altcoins would have a very good chance to grow fast than we would even imagine. Let's see how things would be in a short time coming. Many people already started speculating about "another-year-end-big-bull-run", hopefully we are going to have the same. As of we may not need a new ATH but bitcoin prices above $10k also will be making many people in this community.

[Convery]

Bloomberg is talking about the end of bear market and they try to bring positive view into market. But I do not think that it is a good way, to help market grow by spreading positive words in mass media.

[Yamifoud]

Bloomberg is talking about the end of bear market and they try to bring positive view into market. But I do not think that it is a good way, to help market grow by spreading positive words in mass media.

They spread positive view but it could be helpless if there is nothing happen in the market. It is just like of having a false speech and could just ruin our mindset and trust for crypto. Cause as we look into the market chart right now, seemingly isn't the beginning of bullish season, in fact we are still below $7k.

[Donotam]

i think in this september bear market over, many coins can be up in this month
we may see more coins aill be up too, so dont be late to join in the train