DigeNarrator
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October 05, 2019, 08:35:54 PM |
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i believe there is more room to go down, and then go sideways few more months
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xenomorphe1
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October 05, 2019, 09:05:58 PM |
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I don't know if BTC is really in bear now. It was in bear in the beginning of this year. Is it a new bear market now? It is a bit too early to know it.
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hashman
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October 05, 2019, 09:49:19 PM |
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I don't think that bitcoin will fall to $5,000 again. But if it falls, we don't have to be afraid because the dominance of bitcoin on the market has bulg like a balloon and waiting to be boom. If there is a sudden drop, maybe altcoins are a little hurt but they won't die
Everything is possible. Possible to see 5.000 USD. By the way I am also thinking 10-12-14K more possible than 5.000 USD. But If we see 5K at BTC again, I am not sure alt coins can recover quickly. I am not sure some coins can recover later also. Market conditions changing everyday and last 2-3 months we saw that shitcoins are more shit now. Trying to find new all time low point themselves whenever BTC make a sudden move.
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cribusen
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October 06, 2019, 11:31:26 AM |
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It is still unconfirmed and various experts are still arguing. Somebody is saying that the bottom was around 3k USD per BTC, and some experts are still sure that the bearish trend is not over yet and we would see BTC at 1-2k.
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gaston castano
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October 06, 2019, 12:58:38 PM |
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when it comes to predictions I disagree with you, I think 5800 is a point that falls too much, and if he touches it is not impossible to go down even deeper. my prediction is that he will stay in the support area between 7000 range, and will bounce after it is reached. but if my prediction is wrong I hope it won't fall too deep.
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jarhed
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October 06, 2019, 04:28:58 PM |
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when it comes to predictions I disagree with you, I think 5800 is a point that falls too much, and if he touches it is not impossible to go down even deeper. my prediction is that he will stay in the support area between 7000 range, and will bounce after it is reached. but if my prediction is wrong I hope it won't fall too deep.
I also think that Bitcoin will have a lot of support for $ 7,000. Even for $ 7,500, I plan to buy Bitcoin myself, because now I do not believe in the low price of this liquid cryptocurrency asset.
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Pelunize12
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November 07, 2019, 08:58:24 PM |
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bearish market on bitcoin is over, now Bitcoin is starting to bullish after long downtrend happened i think, in this market cylce, bitcoin is on disbelief. we wont see $ 5000 again in the next price, bcz the bottom already found ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi1.wp.com%2Ffifthperson.com%2Fwp-content%2Fuploads%2F2016%2F01%2FPsychology-of-Market-Cycles.jpg&t=665&c=I6LbaHe8pbQanw)
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adroitful_one
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November 07, 2019, 09:10:35 PM |
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With the price of Bitcoin slowly trending upward over the last few months, I think this is a good sign we're headed into a Bull market. If the price had jumped up from $7k to $10k instantly, I would not feel this way. But, with the trend continuing slowly upward, I think it's a good sign. Plus, we got halving coming up. Shortly after that is when we usually end up in full Bull market mode.
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cryptothreads
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November 08, 2019, 12:46:37 AM |
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With the price of Bitcoin slowly trending upward over the last few months, I think this is a good sign we're headed into a Bull market. If the price had jumped up from $7k to $10k instantly, I would not feel this way. But, with the trend continuing slowly upward, I think it's a good sign. Plus, we got halving coming up. Shortly after that is when we usually end up in full Bull market mode.
Market has been very stable over the last few days and there hasn't been a lot of volatility so it is difficult to predict what will happen next. The end of the year is usually a very good time to raise prices but until now everything is still quiet so maybe this year the value of Bitcoin and some other coins have not changed. There are many different predictions but I will continue to wait for this year. The market may go up or down but the downtrend is still overwhelming this market so this year we will continue to stay in the bear market and hope by 2020 things will change.
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dodgrad
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November 08, 2019, 12:54:45 AM |
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Answering the question from the topic of this thread, it is certainly bear market that is long over. Now we just have to buy more and wait calmly for the next bullrun.
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Shasha80
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November 08, 2019, 01:13:38 AM |
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In my observation, it's positive that bitcoin has entered the bullish market, because it's been a month that the price of bitcoin is stable above $ 9,000. Price movements are not too volatile. With this I am very sure the bitcoin bear market is over. So from that now it is highly recommended to increase the amount of bitcoin we have, so that when the price of bitcoin rises we can enjoy big profit. Moreover, there will be a halving event next year for bitcoin to be a bull run until the end of next year.
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marcbitcoins
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November 08, 2019, 01:44:49 AM |
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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 ?
There are lot of new progress and development in favor of Bitcoin market like the Chinese president support to Bitcoin in which i believe that it will be impossible for the Bitcoin price to go down further below of $6,000 therefore instead of talking bearish then why not we talk about of what will be the Bitcoin high price before this year would end. Let stay positive always so $10,000 is my mark.
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deathcode
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November 08, 2019, 02:56:09 AM |
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Honestly i still feel its a bull trap and bitcoin will reach down below 5800$, before real bull market begins...How many of you guys agree with this ?
There are lot of new progress and development in favor of Bitcoin market like the Chinese president support to Bitcoin in which i believe that it will be impossible for the Bitcoin price to go down further below of $6,000 therefore instead of talking bearish then why not we talk about of what will be the Bitcoin high price before this year would end. Let stay positive always so $10,000 is my mark. after there is some negative news now there is positive news that is expected to foster a positive sentiment towards the adoption of bitcoin. there is another update next year which has already been announced and I think now the market is preparing for growth. prices now look more stable and ready to pump when crypto adoption increases. this market will get a lot of positive news and that will certainly make the trading trend increase.
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mandor
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November 08, 2019, 05:52:43 AM |
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Answering the question from the topic of this thread, it is certainly bear market that is long over. Now we just have to buy more and wait calmly for the next bullrun.
yes the bear market is long over and this is it's time to buy some coins that have good potential in the future. wait and be patient, now we only need to keep abreast of developments and positive news from Bitcoin. i sure it looks like next year the bullrun will come soon again and get ready to welcome back the heyday of Bitcoin. just relax.
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dodgrad
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November 08, 2019, 09:51:19 AM |
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Answering the question from the topic of this thread, it is certainly bear market that is long over. Now we just have to buy more and wait calmly for the next bullrun.
yes the bear market is long over and this is it's time to buy some coins that have good potential in the future. wait and be patient, now we only need to keep abreast of developments and positive news from Bitcoin. i sure it looks like next year the bullrun will come soon again and get ready to welcome back the heyday of Bitcoin. just relax. It is possible that bullrun will come next year, but it is also possible that it will start later this year. So if you are wondering whether to make shopping now or in 2020, it's definitely better now. Bears no longer threaten us, so it's better to catch those prices that are now, because it may turn out that it will never be so low again..
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CarnagexD
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November 08, 2019, 01:25:46 PM |
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Answering the question from the topic of this thread, it is certainly bear market that is long over. Now we just have to buy more and wait calmly for the next bullrun.
yes the bear market is long over and this is it's time to buy some coins that have good potential in the future. wait and be patient, now we only need to keep abreast of developments and positive news from Bitcoin. i sure it looks like next year the bullrun will come soon again and get ready to welcome back the heyday of Bitcoin. just relax. I guess the bear market is already over and right now the price of bitcoin becomes more stable at the price of 9100$ to 9200$. I have been focus on buying different cryptocurrency especially bitcoin and that's right we just need to wait until the price of bitcoin hit again the 20,000$. We still not sure about the bull run in this coming year but there will be a special day for bitcoin and we just need to wait. Lastly, just buy, hold, sit and relax until the price of bitcoin fly again to the moon.
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Darooghe
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November 08, 2019, 04:53:10 PM |
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I think highly unlikely. This is most likely a bear market rally, and an excellent opportunity to get short. Bitcoin should peak somewhere in the $8000-$10,000 range, then resume it's long term decline. In my opinion, price should actually be able to lift above the certain level for bear market to be pronounced over and that is $17,000 - $19,000. so bear market will be over when we see a new ATH. however If i were you, i would sell off a bit of my investment and save most of them for the price to go up further. remember each bear market is longer from the previous one.
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cryptoangel
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November 08, 2019, 06:01:12 PM |
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BTC is a volatile crypto currency so you think it is not over, But reality current market is slowly recovering and we see some bull run on previous days so everyone waiting for next bull run because we know the potential of Bitcoin. I think next year it will growing faster so you can wait and see the future results.
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ePesoInitiative
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November 08, 2019, 09:27:09 PM |
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Bear market is over or at least almost over. Time and time again, a reduction in new supply of bitcoins causes the price to rally from 50 btc mining reward down to 12.5 btc mining reward. This will continue as along as there are a few new crypto entrants coming.
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