Crypto market is bullish or Just a small recover?

[Striker17]

It's a long period of time of this bearish crypto market but i think that situation will be over soon. And i think that this small recovery is just the beginning of crypto's rise, the only thing we need to do now is wait and observe the market. Goodluck to us all. 

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[NikNikKomarov]

So far this is just a small recovery. But I expect a bull market. And these expectations are not unfounded. We are waiting for the end of the year.

[daviidalpert]

I think it's just a small recover.Maybe it will fall later.Full of unknowns here,we must always be vigilant.This time, I think the market will only come back after two years.

[hungafub]

The charts have been going sideways for almost two weeks now. Personally, I think the bear market is almost over but of course one can never know.

[ihaveaquestion]

To me it basically says bulls don't have the faith yet to break 6.6k BTC, bears don't want to dump any lower than +/-6.2k.

New money (market buying) is limited so we're stuck in a stalemate until something external happens (good news, bad news) triggering a significant change is overall sentiment (of existing investors) and/or new money starts flowing in again. Unless some whales conspire to make something happen of course.

[sliderider]

To the people calling this the "bottom": I wouldn't technically call it that because the bottom means the lowest price reached. I would instead call it the price where both buyers and sellers are in an agreement. But that does not mean it cannot go lower for a few days before being quickly bought up by the bulls. I would give it a few more weeks though before calling this the bottom.

[sergey1301]

I think that the cryptocurrency market will begin to recover by the end of 2018 (beginning of 2019). I think that, by this time, 1 ETH will cost, 1000+$.

[batang_bitcoin]

There's no bull and it hasn't recovered for a while.

You may say that its enough time for reversal but its not yet enough and no indication for the reversal.

I think that the cryptocurrency market will begin to recover by the end of 2018 (beginning of 2019). I think that, by this time, 1 ETH will cost, 1000+$.

Same words and expectation that has been said for at the end of the year but who knows if that's going to start by that time. I hope that we'll see ETH reach $1,000 again after the reversal.

[mbah]

When looking at a downturn so far from the beginning of the year until now would certainly be heavy for a big spike occurs. Most allow a gradual recovery is able to create market conditions became increasingly well. When large increase occurred naturally hope in once upon a time could just happen like last year, but the State in time is not the same as what is there at the moment.