Bear time is near to end

[AAlex48]

The trader with a certain popularity gave a prognosis for bitcoin.From the history of forecasts it follows that he is not mistaken often.Also, his schedule coincides with the closure of a large triangle.
https://www.tradingview.com/chart/BTCUSD/c2DYFwXO-Bear-time-is-near-to-end/
https://ibb.co/dOurWp

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[kidflash]

I think everything will focus on September 30 about the SEC ETF. Technically prices will tend to rise, but basically everyone will wait for a decision from the SEC.

[figmentofmyass]

The trader with a certain popularity gave a prognosis for bitcoin.From the history of forecasts it follows that he is not mistaken often.Also, his schedule coincides with the closure of a large triangle.
https://www.tradingview.com/chart/BTCUSD/c2DYFwXO-Bear-time-is-near-to-end/

ah, lucif returns. i wouldn't say "he is not mistaken often".....he actually made some bad calls in the post-bubble season this year. but it's true, he has always been good with his long term predictions.

i'm glad to see he's bullish. i'd much rather hold spot BTC and trade altcoins than short BTC in a continued bear market.

I think everything will focus on September 30 about the SEC ETF. Technically prices will tend to rise, but basically everyone will wait for a decision from the SEC.

that deadline no longer matters. the SEC already announced on september 20 that the decision is delayed.

[Slow death]

oh this is hard to believe because these tradeview guys  fail a lot, last year I believed in these guys and lost a lot of money

The trader with a certain popularity gave a prognosis for bitcoin.

I would like to know the reason for it to have this certain popularity

From the history of forecasts it follows that he is not mistaken often.Also, his schedule coincides with the closure of a large triangle.

that is all? no offense, but I do not believe in these charts and according to what I see, it seems that he is saying that will reach the $ 20,000, do I misunderstand?

[Malandro]

these triangles, flags, diamonds, any other figure in a chart are only to look beautiful, people should frame and sell as art.

But it’s easy to say BTC is going to the moon again, and it’s probably what’s going to happen, not because of a ETF approval or some other fundamental true, it’s going to trend up because people believe it will and no one wants to miss the Party.

[Aschcraw]

you are right , the Bulls are coming

[atrocityx]

I'm not convinced that the bull market is starting yet, but I do believe the bottom has been put in.. I feel like we will have sideways consolidation for most of Oct/Nov and see a slight curve out of this falling wedge then.. Don't expect 20k anytime soon without ETF but you may can return to normalcy somewhere between 7-10k and alts will be at least somewhat less effected.

[kaizerblitz]

Let's hope that the bearish were end and bullish run of bitcoin will start. I believe when the bullish run no want would stop on it and i hope it will surpass the last year ATH price of 20,000 USD but it is very hard to happen nobody knows bitcoin could do iy again.

[fauzan Ichsan]

Let's hope that the bearish were end and bullish run of bitcoin will start. I believe when the bullish run no want would stop on it and i hope it will surpass the last year ATH price of 20,000 USD but it is very hard to happen nobody knows bitcoin could do iy again.

by looking at the current price maybe price of $ 20000 is very difficult to achieve for this year, but we believe the next year still continues bullish trend, so it can break the previous high

[Mayoreetre]

yes bro, i think it will end soon.

[figmentofmyass]

oh this is hard to believe because these tradeview guys  fail a lot, last year I believed in these guys and lost a lot of money

I would like to know the reason for it to have this certain popularity

he was a legend on this forum several years before he was using tradingview and vk. it would take a lot of work to pull up his old posts.

suffice to say: he called the top in april 2013, then he called the bottom in july 2013, then he called the top in november 2013. he was correctly bearish all through 2014. some more recent calls:

https://www.tradingview.com/chart/BTCUSD/AVRDIIr7-At-strong-support/
https://www.tradingview.com/chart/BTCUSD/3RjQGYZp-No-resistance-till-15000-when-3500-will-break-up/

that is all? no offense, but I do not believe in these charts and according to what I see, it seems that he is saying that will reach the $ 20,000, do I misunderstand?

no, his chart is pointing to $100k and beyond.

[avarnet]

oh this is hard to believe because these tradeview guys  fail a lot, last year I believed in these guys and lost a lot of money

The trader with a certain popularity gave a prognosis for bitcoin.

I would like to know the reason for it to have this certain popularity

From the history of forecasts it follows that he is not mistaken often.Also, his schedule coincides with the closure of a large triangle.

that is all? no offense, but I do not believe in these charts and according to what I see, it seems that he is saying that will reach the $ 20,000, do I misunderstand?

nothing is impossible because last year we did not know that bitcoin and other currencies will experience a huge increase, that later the price of bitcoin and other crypto could be like last year

[davis196]

Why is this thread in the "Trading discussion"?
It looks more suitable for the "Speculations" sub-forum.
Anyway,using technical analysis without fundamental analysis is like runing on one foot.
Those charts are beautiful indeed,but I don't believe in chart patterns.

[Jating]

His name sounds familiar though. Anyways, this last couple of days, I heard a lot of bullish predictions so I'm guessing that speculators are really hoping for a sudden shift on the overall sentiments now.

Truth to be told, no one has the crystal ball to say where the price could go in the future. However, those patterns exist for one thing, to help us strategized and be flexible on our tradings.

I'm not convinced that the bull market is starting yet, but I do believe the bottom has been put in.. I feel like we will have sideways consolidation for most of Oct/Nov and see a slight curve out of this falling wedge then.. Don't expect 20k anytime soon without ETF but you may can return to normalcy somewhere between 7-10k and alts will be at least somewhat less effected.

I'm no longer getting the hype from ETF's to really push the market. If you notice, the postponement didn't even affected us negatively so I guess traders are moving forward with or with ETFs.

[figmentofmyass]

Anyway,using technical analysis without fundamental analysis is like runing on one foot.
Those charts are beautiful indeed,but I don't believe in chart patterns.

how did you come to that conclusion? have you actually backtested TA-based trading systems and chart patterns? or are you just assuming, and then deducing that fundamental analysis must be more reliable?

i think a lot of new traders misapply TA and don't implement risk management, then they turn around and blame TA for their own failures. i've been trading the technicals since 2013. i wouldn't still be doing it if it didn't work. i hardly pay attention to fundamentals or news.

[GalahadSeika]

I do hope that this kind of thing will end. Many people waited for ber to start and here we are waiting for the ber bull but nothing happened lol. I do wish that this bear will go away now.

[dmamigo]

Still, it is a totally speculative discussion. Nobody has a clear idea when it is going to end and then the bullish trend will hit the market. But if past records are taken into consideration then I believe there is a possibility, just a possibility to see some good growth in the coming months, but many are predicting $20k, I think it is a tough target to reach this year, though nothing is impossible, October is about to start and there is no sign of any upwards movement, just hovering around $6600.

[shulio]

He is the legendary MasterLuc. But he is wrong several times in the last year. The price may still fall to sub 5000 dollars and it will not deny the prediction.

[Valeri4]

Why is this thread in the "Trading discussion"?
It looks more suitable for the "Speculations" sub-forum.
Anyway,using technical analysis without fundamental analysis is like runing on one foot.
Those charts are beautiful indeed,but I don't believe in chart patterns.

To rely on a fundamental analysis is extremely stupid, the market is not regulated in any way and all people release news provoking price movement. Many familiar traders trade exactly by TA, they switched from the stock where they were more oriented to the fundamental.

[Koadharber]

The trader with a certain popularity gave a prognosis for bitcoin.From the history of forecasts it follows that he is not mistaken often.Also, his schedule coincides with the closure of a large triangle.
https://www.tradingview.com/chart/BTCUSD/c2DYFwXO-Bear-time-is-near-to-end/
https://ibb.co/dOurWp

Really good to see those descending triangles because if you do apply these indications on forex trading then it would be somehow precise but when we do talk on crypto market I don't really easily or fully trust these kind of analysis because this market had proven out many times that it can really go either ways on a short period of time where breaking all technical analysis behind but no one knows if such movement will really be followed by market makers.