Time to buy! Bearish trend seem over.

[omonuyak]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

[1714902852]

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[NeuroticFish]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

While these 6300-ish prices do look very good and while many signals tell that the big boys are accumulating, it's not 100% that the bearish trend is over. Of course, nothing is ever 100%, but sudden dumps still happen for no clear reason.

[hatshepsut93]

The end of bear market can be declared with certainty only when we'll have a bullish trend for a longer period of time, like a few months. The price isn't going down and is relatively stable, but it can actually freeze here for many months, like it happened in 2015 when it stayed at around $200 for the most of the year. We had a lot of false bottom calls this year as well as promises of new ATH by the end of this year, so I tend to be skeptical about bullish predictions right now. There's probably still a lot of selling pressure from people who bought at high prices last year and now wait to break even and get out.

[imapessimist]

I cant see anybody buying at the moment.  Far too uncertain.  But if you had loads of money to dump and you fancied a gamble and can afford to lose well then maybe.  But for any kind of investment then no way.

[gentlemand]

The end of bear market can be declared with certainty only when we'll have a bullish trend for a longer period of time, like a few months.

Does a bull market need to start for a bear market to end? There's often a yawning gap between the end of one and the start of the other which is why it's so hard to declare the end of a bear market. While it does nothing forever, people keep expecting it to fall. I certainly remember feeling that way in 2015 until it started showing some signs of life.

I dunno if this is a great time to buy. I am a bit more certain it's not a really terrible one.

[Yaunfitda]

I cant see anybody buying at the moment.  Far too uncertain.  But if you had loads of money to dump and you fancied a gamble and can afford to lose well then maybe.  But for any kind of investment then no way.

They are not buying because partly they are waiting for some sign of a bullish trend, but so far we haven't seen anything so I doubt that we will see the end of a bearish trend this year.

On the other hand, smart investors will look at it sideway trend as time to accumulate more. That is if more casual investors will see this, they might push the market a bit. But majority are very reluctant because most of them have been burned already.

[hulla]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

Youre somehow right because the market seems to be resisting the dump in price act but that does not proof that the bull run market will happen at anything giving moment and it does not proof we have reached the bottom price either because youre going the reach the bottom price when it December holiday.

[pooya87]

the "bearish trend" has been over for a couple of months now!
you see changing between trends is always a transitional phase, it is never like flipping a switch to go from bull to bear and vice versa. and during this transition we always have some traders that remain in denial which means there is fluctuations. for instance when bear market was over there were still those who continued shorting and losing money while price never went lower than the bottom ~$6k. and now we are transitioning into a bull market with an accumulation phase.

[Wind_FURY]

OP, ssshhhhh be careful, the whale-cumulators might hear you. They hate you, the ordinary pleb, to be ahead of them, the manipulators of the market.

Plus when everyone believes that the "bearish trend is over", it is evidence that it's not over. We can never be ahead of "them".

Or maybe you are one of "them" trying to trick us again.

[Pursuer]

The end of bear market can be declared with certainty only when we'll have a bullish trend for a longer period of time, like a few months.

of course it is always easier to talk about price, trends and speculation when we are looking at the history! for example it is easy to call $200 in 2015 the bottom and end of bear market now that you are looking at the charts of all the time that has passed!
but doing it later is not worth anything. it is worth something if you could call it a bottom and a "good time to buy" at the time when price was at $220. like calling it now that price is $6200+

[LFC_Bitcoin]

I’ve been HODLING since 2014, I haven’t bought any more since 2015 but this seems like a great opportunity. We’ve been going sideways for a good while now, I also think the bear market is over. This is the accumulation phase & for the first time in 3 years I’m going to start buying again today.

[rickadone]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

Bearish trend hasn't been around for the past 5 months, it is not a new news to us, there hasn't been a significant fall in the price since June and we are still here talking about when the price will go up. Maybe it won't go up too much or even if it does maybe it will go up 10 months from now, no one really knows what will happen to bitcoin right now, we know it won't go down too much but maybe it may stay like this for a long long time, that is the risk people are afraid of taking.

Some people are already over with bitcoin because they got in when the price was too high and when they saw the price go down this much they decided not to follow it anymore and sold their standings and got out. I still keep my investments in bitcoin as much as I can but I do not know when it will go up too.

[candra raditya]

Right now I just choose to hold on, patiently waiting for the market to increase so that I can save my assets from this decline.

[audaciousbeing]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

To conclude that the bear does not have at momentum to pull price down would be an overreaching assumption because as at few weeks ago, the price was gradually going beyond the $6,500 and everyone thinks there bear was truly over and would have thought the same way before another pulling down happened resulting in $6,300 which price is currently recovering from and the hope is for it to be sustained. The point is, anyone that can afford it should go for it as every period comes with its own opportunity and not because there is no going down again or not.

[BitHodler]

The point is, anyone that can afford it should go for it as every period comes with its own opportunity and not because there is no going down again or not.

As long as people dollar cost average their entry points, it doesn't matter at what price they buy.

Even if you bought near the all time high levels last year, if you bought the market down to where we are today, your break-even point is probably around $10,000 now, and will continue to drop as you accumulate below $7000.

I get it that people might not have all that much confidence in the market right now, but I would do everything I can to not make myself wait for the price to reach +$18,000 again to break-even. It's called torture.

It might take a few more years before the price breaks through its previous high, and when that happens you haven't achieved anything. If you buy now you'll be able to profit by the time, isn't that a solid deal?

[jimbo2000]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

Just because the bears can't pull the market further, doesn't mean we have to go up. The price has been steady for a while, so neither the bears or bulls have control. Eventually one will take over, there's no definitive reason it can't be the bears.

[xIIImaL]

Right now I just choose to hold on, patiently waiting for the market to increase so that I can save my assets from this decline.

The cryptocurrencies are depends on supply and demand of coins so many already buy some coins and hold our investment in silently. It is directly affect the crypto market because all the investors are simply hold the cryptocurrency and this will not move to forward in future so rotation is need for all the time. So this is the right time to invest in Bitcoin and altcoin if you have more money buy in this bearish market.

[ethereumhunter]

I already buy many coins in the past few weeks and month, and I think right now, the price starts to increase because I see that my buying price is less than the price now. But I don't want to sell right now because I don't make a big profit I will sell when the price can increase double or so, and I think the time will come soon. But we don't know when the bearish trend will over because of the market still on up and down of the price, and maybe it will stay like that until the next month.

[Pursuer]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

Just because the bears can't pull the market further, doesn't mean we have to go up. The price has been steady for a while, so neither the bears or bulls have control. Eventually one will take over, there's no definitive reason it can't be the bears.

yeah but the difference is that the bears had their time for a many months this year and they pulled the price down nearly 70% and made their profit that way. there is no more room left for them to pull it any lower than this so it is time for the bulls to take over again. not to mention that bitcoin is always on a bull run even if it takes some steps back temporarily.

[bitbunnny]

I'm not so sure that bearish trend is over. To my opinion there are not enough indicators on the market but still so far I have learned that Bitcoin can always surprise us.
No matter to that I think it's good time for buying because this phase will not last forever. It also looks like some big players are accumulating funds.
Also the new year is comming, who knows what might bring to Bitcoin so we have to be ready.

[clrpod]

I am worried about the current level of optimism around here and elsewhere regarding the end of the bear market. If we pay attention to the old guidance of buying when people are most fearful and selling when they're greedy then it seems that we should be selling right now. Hopefully it's just because we are a smaller subset and are more clued up than others but I'm not so certain that is the case.

[flametoken]

"Time in the market is better than timing the market", as the old adage goes. For the average Joe, who doesn't have time to watch the markets all day, this is still true. So it's better to set you price points when you want to buy and buy then, so you don't miss the chance to buy in a bear market.

[rickadone]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

Youre somehow right because the market seems to be resisting the dump in price act but that does not proof that the bull run market will happen at anything giving moment and it does not proof we have reached the bottom price either because youre going the reach the bottom price when it December holiday.

Even though sideways market are like the toughest to ever predict on as the market could still end up moving either ways in the long run when the market eventually finds a clear direction, that is when we will really know if the bottom has been reached or not.

Although from all indications so far, it is still looking pretty good at least for now and for those who may want to be accumulating long. Not a bad idea as we have seen the support held several times for some reasons best known and with good bounces and volume, the bears look like they do not even have much strength anymore, so let's just hope and believe we are out of the bearish trend already.

[Minusha]

I don't think the bulls will come soon but anyway it's a very good time to buy cryptos now! But buy only after you made careful research about this coin and if you are sure it's not a scam that will take your money and disappear.

[Semaj123]

I don't think the bulls will come soon but anyway it's a very good time to buy cryptos now! But buy only after you made careful research about this coin and if you are sure it's not a scam that will take your money and disappear.

Hodling BTC for longer term is much more effective than doing a scalping method. Bull run can't be determined and we need to do is to take the risk because this is crypto's, everything can only be speculated.

[mwaqar17]

what will you say about the persons who have purchased BTC when it was 18000$, how much time it will take to recover their losses, it is also possible that they won't be able to recover their loss. What if BTC drop down to 2000$,

[Harlot]

I think we all know it by now. We are neither in a  downward nor upward trend in the market but we are still in the bear market. The price changes we are seeng now is called a consolidation stage. And in this stage it could either make or break it when is near its end. Right now we are on a descending triangle pattern which is a bullish pattern based on technical analysis but what we need to confirm it is volume which BTC currently does not have. So I hope it clear things out for you as simply the bear market isn't over yet.

[Golftech]

Might be possible that the bull are ready and just waiting for a good momentum, the market still holding with its barrier, those who can afford taking the risk the timing is really tempting to start collecting and storing your coins, we are not sure if how long it will take before the complete turn around will happen but most of the time yearends  show some good spark.

[jimbo2000]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

Just because the bears can't pull the market further, doesn't mean we have to go up. The price has been steady for a while, so neither the bears or bulls have control. Eventually one will take over, there's no definitive reason it can't be the bears.

yeah but the difference is that the bears had their time for a many months this year and they pulled the price down nearly 70% and made their profit that way. there is no more room left for them to pull it any lower than this so it is time for the bulls to take over again. not to mention that bitcoin is always on a bull run even if it takes some steps back temporarily.

I don't disagree that the market is more likely to go bullish than bearish. I just don't buy in to the idea that there's little to no possibility of the market falling further. The price has been near stable for 3 months or more, the bulls also had chance to take over in that time. Any reasonably strong news, FUD or not could be enough to allow the bears to make another attempt at the resistance levels.

[Bustart]

I think we all know it by now. We are neither in a  downward nor upward trend in the market but we are still in the bear market. The price changes we are seeng now is called a consolidation stage. And in this stage it could either make or break it when is near its end. Right now we are on a descending triangle pattern which is a bullish pattern based on technical analysis but what we need to confirm it is volume which BTC currently does not have. So I hope it clear things out for you as simply the bear market isn't over yet.

I can also barely see it mate, bearish market was really crucial nowadays and unlike last years breakthrough this is what I think so tough enough. We can't control it even though good news were coming, people seems to be more hesitant in moving forward. If you're buying while the situation isn't having pumps at higher value for your holdings you can do it, but be sure to hold thise promising coins.

[talkbitcoin]

sadly for most people, they are not going to realize this for a long time and they will only wake up and pull their heads out of the sand when it is already late and price is already on the way to ATH.
something like last year when they refused to believe in bitcoin and waited around not buying until price went above $10k and headed for $20k then they started FOMO buying.

[Cacingkemi]

Well It seems like the bearish trend is over and this is the right time to add BTC adoption,although it will be difficult to sell if the bearish is not over.By the way it seems like someone knows your post today is still happening but this could be the last one then bullish comes.

[justdimin]

Well, as far as we are below $10000, I have always been seeing it as a very good buy.

For now, we have seen the $6k region held up for a while, the market has been consolidating hugely for the past few days and it simply looks like there is actually a possibility of seeing the bottom already as we may keep going like this for some days before we even manage to see any uptrend at all.

At least for time being, this is a good buy as it is pretty close to the support at $5800 - $6k, and at least, looking at the risk-reward ratio, it seems something worth hitting in now for those who want to go long.

[timerland]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

There was indeed some sideways movement over the past few months in the bitcoin market. However, there has also been no momentum upwards and the bearish cycle that we're in essentially means that we're going to see a few more months of dips and relative bearishness.

With the dip today, there are two possibilities. Either bitcoin prices rebound up above the $6k support level once more, or the prices go down further due to panic sellers or other factors.

We're yet to see what happens but as I said, I don't expect a trend reversal to come any time soon. Historically, bear markets have lasted longer than the amount of time this one has gone on for, which in my opinion is an indicator that a recovery is probably not coming this year or even in the near future despite some renewed bullish predictions. The 2020 halving however should stimulate the market a lot, though.

[kateycoin]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up. The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

Yes it's great time to buy now but I think bitcoin in down than to 6k price because the price of bitcoin now is 5700 price and I think bearish is not over yet hopefully next month is great month for bull run.  But like you said it's a great to invest or buy bitcoin now because when bitcoin move up it will give to us a great profit.

[Bardman]

Damn this was a badly timed thread, wasn't it? 

However it did seem that the bearish trend was over, the low volatility with sideways trading was definitely not a bad sign, shorts on bitfinex were really low as well, no one really expected this crash, even now the shorts aren't too high. Unfortunately this crash was only due to a few people, as usual, this market is still to reactive to stupid stuff. (Although in this case I guess it isn't too stupid, hashrate and other attacks)

[Wind_FURY]

What did I say? The whale-cumulators have eyes, and ears everywhere. In every wall, in every nook, and in every corner of Bitcointalk.

The whale-cumulators do not want you, the ordinary pleb, to be ahead of them. You plan to hold for 10 years, they will push the price down for 11.

OP, ssshhhhh be careful, the whale-cumulators might hear you. They hate you, the ordinary pleb, to be ahead of them, the manipulators of the market.

Plus when everyone believes that the "bearish trend is over", it is evidence that it's not over. We can never be ahead of "them".

Or maybe you are one of "them" trying to trick us again.

[YuginKadoya]

For me, the bearish market still isn't over yet we might still have a chance of experiencing it even next year and if we see the price of bitcoin right now it suddenly drop because of panic selling but it is sure to still good to buy when the price is cheap, I really think bitcoin is still good to make an investment because after this bearish market is over the price would surely recover but I am not so sure when that can happen.

[Tapyaks72]

For me, the bearish market still isn't over yet we might still have a chance of experiencing it even next year and if we see the price of bitcoin right now it suddenly drop because of panic selling but it is sure to still good to buy when the price is cheap, I really think bitcoin is still good to make an investment because after this bearish market is over the price would surely recover but I am not so sure when that can happen.

Yeah if you really wanted to invest this is the right moment to buy while the price is definitely on the bearish mood. Just in simple buy and sell principles opportunity never come twice, the next moment out from these would probably be a bull run.

[Slow death]

I have been following the trend for the pass three months as bitcoin hoving within $6700 and $6200. It seems the bear has no momentum to pull bitcoin down further and the bull are waiting for reasons that bitcoin should go up.

humm... see how many days have passed since you made this post:

you made this post on November 11 and today is December 15, the price today is at $5400, yes we are very close to returning to see price of  $4000 and this is very bad

The bottom is here and if you want to be among the next bitcoin's billionaires now is the right time to make that investment decision.

5 days after your post the price had a very big fall. this is a very dangerous market and very difficult to predict, today the price can be high and days later the price may be very low, people should always take this into consideration and should not have high expectations about the price

Yeah if you really wanted to invest this is the right moment to buy while the price is definitely on the bearish mood.

Is it not going to fall below $ 4000? Will it ever rise? are questions that we do not have the answer, there is no good news to drive high price increases

[molecularman]

Damn this was a badly timed thread, wasn't it? 

However it did seem that the bearish trend was over, the low volatility with sideways trading was definitely not a bad sign, shorts on bitfinex were really low as well, no one really expected this crash, even now the shorts aren't too high. Unfortunately this crash was only due to a few people, as usual, this market is still to reactive to stupid stuff. (Although in this case I guess it isn't too stupid, hashrate and other attacks)

Lol -  crypto has a way of making predictions eat crow. I get so tired of crypto twitter and "charting experts".  Fact is, if anyone was actually really good at it,  they wouldn't be posting about it.  But you know,  the more predictions you make, the more often you can seem right.

This has really been a brutal time. I took out my initial investment so I've said time and time that I'm riding this to zero or life changing money.  As naive as it might seem, I really thought at this point I'd have enough to really consider selling some off,  now I see what little I have left getting smaller and smaller and there is a nagging part of me that wants to sell everything and just take what I have - but I'm too stubborn to do that, lol.

[Bardman]

Damn this was a badly timed thread, wasn't it? 

However it did seem that the bearish trend was over, the low volatility with sideways trading was definitely not a bad sign, shorts on bitfinex were really low as well, no one really expected this crash, even now the shorts aren't too high. Unfortunately this crash was only due to a few people, as usual, this market is still to reactive to stupid stuff. (Although in this case I guess it isn't too stupid, hashrate and other attacks)

Lol -  crypto has a way of making predictions eat crow. I get so tired of crypto twitter and "charting experts".  Fact is, if anyone was actually really good at it,  they wouldn't be posting about it.  But you know,  the more predictions you make, the more often you can seem right.

This has really been a brutal time. I took out my initial investment so I've said time and time that I'm riding this to zero or life changing money.  As naive as it might seem, I really thought at this point I'd have enough to really consider selling some off,  now I see what little I have left getting smaller and smaller and there is a nagging part of me that wants to sell everything and just take what I have - but I'm too stubborn to do that, lol.

Indeed, there are a lot of charlatans. You can make some educated guesses short term but there is definitely no way to know for sure what it's going to happen in 1 month, year, etc from now. People who ''predict'' bitcoin is going to be 50k exactly in 120 days are just morons.

[cluit]

Anytime we think bitcoin can't go lower it finds a way to go even lower. It has been about 6 months since the last time bitcoin was in a proper bearish market. All things looked like it would be really going well and even with a stagnant market the crypto space showed of some hope and some potential. The bakkt at 12th December, the SEC decision in 29th December and all the things in between, there was really a lot of stuff that showed a possibility of a bull run coming.

Here we are, with another horrible fall for the price and another billions of dollar lost in value and another horrible market day. It is really crazy to think what could happen if bitcoin is just not intervened this much. If people like mt.gox deal, like tether deal, like whatever was last year deal, like china, like craig and jihan and roger, all that stuff that causes bitcoin to fall, just let bitcoin be.

If people do that, I think bitcoin would have been so much higher but they keep on making these horrible news that causes it to go down.