bitcoin price breaking lows again and again

[steve57]

bitcoin price are breaking lows again and again  i cant see any signs of bulls entering markets in charts and already Christmas and this year is ending i think still bears will be in control for some more days , but i am still hopping for a bull run soon  and holding my coins             

[muslol67]

The high volatility is a disadvantage for Bitcoin and for low-budget investors like us. The rising price of the wave, rising, now falls the same way. Anyone who can wait for a long time will be profitable, but be careful in all conditions.

[smyslov]

bitcoin price are breaking lows again and again  i cant see any signs of bulls entering markets in charts and already Christmas and this year is ending i think still bears will be in control for some more days , but i am still hopping for a bull run soon  and holding my coins             

I have some bad news some of my friend sell their coins because of the holiday season but no they are not whales I just get this feeling that people are selling their coins, not just Bitcoin for a holiday spending and there are many of these kind of people, so we will have to wait for next year for a new hope.

[[btc]YSG]

Yes, the bears are still in control of the market and a lot of people are panic selling their bitcoins for fiat. IMO I think this might continue for a few months more after which It will all be a bull market, let's keep hodling strong and hope the market recovers ASAP.

[aoluain]

The holiday season and a time of gift buying will see people selling out to fiat.
Thats understandable but as the price falls i will be buying.

Its unfortunate if you need money and you have to convert bitcoin at a time
when its FIAT value is way down but if its the only way it has to be done but
there will be opportunities to buy back.

Staying positive is necessary.

[Asian_Dynasty]

bitcoin price are breaking lows again and again  i cant see any signs of bulls entering markets in charts and already Christmas and this year is ending i think still bears will be in control for some more days , but i am still hopping for a bull run soon  and holding my coins             

Yes. It is terrible situation. All my coins  cost now just 18$, many of ICO don't list to the exchange. I earn 0 this year ((( I hope next year will be bull market.

[partysaurus]

The holiday season and a time of gift buying will see people selling out to fiat.
Thats understandable but as the price falls i will be buying.

seems resonable i think would do the same if i was to heavy invested in crypto

[Baofeng]

bitcoin price are breaking lows again and again  i cant see any signs of bulls entering markets in charts and already Christmas and this year is ending i think still bears will be in control for some more days , but i am still hopping for a bull run soon  and holding my coins             

Don't expect something big to happen just because we're in the Christmas holiday. This year was a complete opposite of what we have seen last year. No more bull runs and yes its likely that the bears will be in control till the early part of next year. What you can do is accept the fact so that you won't get disappointed. Others take advantage of the situation by purchasing cheap coins, while majority continue to HODL as long as they can.

[hubballi]

bitcoin price are breaking lows again and again  i cant see any signs of bulls entering markets in charts and already Christmas and this year is ending i think still bears will be in control for some more days , but i am still hopping for a bull run soon  and holding my coins             

Don't expect something big to happen just because we're in the Christmas holiday. This year was a complete opposite of what we have seen last year. No more bull runs and yes its likely that the bears will be in control till the early part of next year. What you can do is accept the fact so that you won't get disappointed. Others take advantage of the situation by purchasing cheap coins, while majority continue to HODL as long as they can.

What you are telling is the true fact of the current situation, no one is ready to digest the bear market and just expecting the bull run, but they dont know that everyone is waiting for the bull run and ready to sell it, then who is going to buy in high. So i think it will take more time to recover the market. Holding is the best option and if possible buy in each dip so the buying price get averaged.

[pixie85]

Bitcoin was going up in value for more than a year, now it's time to go down in value for a year. What are those lows that you're talking about? We still aren't back at 2017 lows. In 2014 it was almost exactly the same thing. There was another wave of crashes in November and December and the price finally stabilized in 2015. It's all fine. The price doesn't represent the state of Bitcoin.

[tomahawk9]

bitcoin price are breaking lows again and again  i cant see any signs of bulls entering markets in charts and already Christmas

So you were one of those who thought we were going to experience the same surge in prices from last year? I think it was pretty obvious that we were not going to see that same behaviour this year, mainly because we've been lacking buying pressure throughout the whole year, and without something that could act as a catalyst to trigger a btc rally towards the end of the year, things were going to stay the same in december.

but i am still hopping for a bull run soon  and holding my coins              

Bull run? Don't hold your breath, it might take a long time before we see another bull run in the crypto space, just hold your coins and lower your expectations.

[speeder]

 Well..in the summer of this year the people were talking about BTC and about  its price that will rise in December,and now we are in the middle of December and BTC doesn't give signs to rise..I think that maybe in 2019 things will be better and BTC will surprise us.We just have to wait and see.

[ibrayzorhaf]

in my opinion, it will be bullrun at the beginning of the year, seeing the effectiveness of the market which has not given any sign of a bull run in the near future. hope March will return to normal with a 6k bitcoin rate .

[KuyaBreezy]

That's right, the healthiest thing for the rest of Christmas is to forget about the market, don't let the market crashes ruin your Christmas, it's important to know what's really important, we better spend time with our loved ones and come back in January, because this market is depressing.

[Valer4ik]

The cue ball will fall to the level to which the handle will be twisted. Or someone else doubts it?
With all our love and faith in the Cue ball, we can not influence this process, we can only observe and make a decision - go out or stay. I try to be calm now, hoping that this pen is being turned by speculators, who later with the same persistence will twist it up. But I am very worried when I begin to comprehend that this pen has recently been in the hands of bankers. And the latter could easily consider that it was much cheaper for them to lead the process and negate it than to fight a crypt. The capitalization of the crypt, even at its peak - for bankers spittle. And I read the world statistics, I see what kind of resistance, or rather the total failure of banks in the service of crypto companies. Remember how many spring 2017 companies tried to open payment cryptocards? where are they now? and so on, examples in total refusal in opening accounts a huge amount.

That's what scares me, to be honest. And the speculative drop does not frighten a drop, and there is no support level with such a handle, as there will be no resistance when they turn it the other way.

[burky156]

It is all about the hope right? When you invest in something, not just for cryptocurrency, for all business, you invest and wait with your greatest hope. You are waiting for bull run as far as i see, so do i, but not like you. I have something certain in my mind. We are in holiday seasomn so the bull run wouldn't start at this time of the year that i am sure of it. The holiday season starts in July and finishes in end of october then the second holiday season starts with black friday and ends in new year. I have never remember that i made profits in holiday seasons.

[Olalomi]

This is indeed very worrisome to see the price of  bitcoin crashing and breaking of sorts of supports without any sign of bulls taking over the market, However I would have to stick with the analysis of some crypto enthusiasts that had allay the fear of hodlers whose opinion is that the present scenario had played out before thus history will repeat itself price wise.

[jagdeepjd]

bitcoin price are breaking lows again and again  i cant see any signs of bulls entering markets in charts and already Christmas and this year is ending i think still bears will be in control for some more days , but i am still hopping for a bull run soon  and holding my coins             

Yeah, sadly the things are not looking good. As per the technical analysis, The importance of the 200 ma on the weekly is crucial. It is coming up. It acts as very strong support. It can slightly fall through however If it does clean break down. Then I see another bear cycle continuing for a good chunk of 2019.

[Gloverwrt]

The bear market could be upon us for quite a while, except for a major update or progress on some projects that could attract investments and increase adoption, the cryotocurrency winter would likely last out the year.

A bull run might be a long time coming, for now we need to identify the bottom.
The market is unpredictable and as such we can only speculate.

[Scharfenberger]

There is nothing we can do but be patient and lower the expectations. It is a long term investment.