BTCGOLD (OP)
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December 17, 2018, 04:15:39 PM |
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Is a year of time enough for the bear market? Or, will the price drops by the next couple of months? Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.
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gentlemand
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December 17, 2018, 04:26:21 PM |
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People always seem to forget the bit between the end of the bear market and the start of any bullishness. That may well be the longest most dispiriting period. And that's when most people give up or businesses go bust as interest dwindles massively.
The downward slope is always filled with delusion and hope. We've had a million bottoms called which means people were still paying close attention. Once they drift away it'll mean the cycle is complete and then it's no man's land until it picks up again
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Febo
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December 17, 2018, 05:26:09 PM |
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Is a year of time enough for the bear market? Or, will the price drops by the next couple of months? Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.
Bull market dont start as soon as bear market ends. We are close to the end of bear market. But as you already found out we are still far from the bull market. It could happen only in 2020 or in second half of 2019. Impossible for it to happen before that. No matter when and what will happen, the 2019 will be a year of stability.
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BTCGOLD (OP)
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December 17, 2018, 05:27:30 PM |
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People always seem to forget the bit between the end of the bear market and the start of any bullishness. That may well be the longest most dispiriting period. And that's when most people give up or businesses go bust as interest dwindles massively.
The downward slope is always filled with delusion and hope. We've had a million bottoms called which means people were still paying close attention. Once they drift away it'll mean the cycle is complete and then it's no man's land until it picks up again
I think that to be able to say that this is the end of the cycle, is needed a month or two. Then will start period of "no man's land" that can last until 2020. This is just my opinion, and I write it here to remind myself of it after another 365 days. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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hugeblack
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December 17, 2018, 05:28:38 PM |
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What is the fair price that you think means returning to normal levels "end of the bear market & start the bull run"? I believe that what happened after November 15 until today is manipulation and panic, it can not last long and the price will return to $ 6,000 again. The Oud trip will not take much time "less than 3 months" after which the price may stabilize, as the levels of $ 7000 and $ 8000 need a lot of momentum *missing from the market.* Evening glow, the future is still promising "price rose $ 200 a few hours ago ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) " ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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BTCGOLD (OP)
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December 17, 2018, 05:49:11 PM |
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What is the fair price that you think means returning to normal levels "end of the bear market & start the bull run"? I believe that what happened after November 15 until today is manipulation and panic, it can not last long and the price will return to $ 6,000 again. The Oud trip will not take much time "less than 3 months" after which the price may stabilize, as the levels of $ 7000 and $ 8000 need a lot of momentum *missing from the market.* Evening glow, the future is still promising "price rose $ 200 a few hours ago ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) " ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I did not mean specific prices. I am talking about determining more or less the moment in which the given stage changes. So that the bear market may end soon, but to find out we need 2-3 months. The next stage is stagnation and then in a few months the next bull run.
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gentlemand
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December 17, 2018, 05:57:11 PM |
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I am talking about determining more or less the moment in which the given stage changes.
It's never clear until it's firmly in the rear view mirror which is why so many people miss it and finish up bitter and broken. All anyone can say is that 80% down is a better deal than 50% down if you believe it'll go back up again. 2-3 months isn't enough time to be certain about anything. The $6-6500 range stuck around long enough for people to get comfortable and then it absolutely shat straight through it.
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exstasie
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December 17, 2018, 08:02:45 PM |
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What is the fair price that you think means returning to normal levels "end of the bear market & start the bull run"? There are a couple paths that come to mind. The main characteristic of both is a break above the $6,000 resistance area followed later by a retest (and holding) of the $6,000 area as support. That's the "safe" buy....waiting for long term resistance to become support.
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kelz1
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December 17, 2018, 08:04:48 PM |
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It was a long way down but i'm actually glad it happened. Missed a lot of boats and now i can jump in while it has bottomed out. I'm certain it will rise again so gonna stock up on all the good ones and avoid the shitcoins i ended up with last time!
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December 17, 2018, 08:15:29 PM |
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It was a long way down but i'm actually glad it happened. Missed a lot of boats and now i can jump in while it has bottomed out. I'm certain it will rise again so gonna stock up on all the good ones and avoid the shitcoins i ended up with last time!
I think lot of us are in the same situation but yes if we'll be patient this could be a good start
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December 17, 2018, 09:00:45 PM |
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Is a year of time enough for the bear market? Or, will the price drops by the next couple of months? Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.
The last bear season lasted for 2 years, so we really can't tell if we're on the tail end of it or if the bear is still not exhausted at this time. But remember a bull run needs a catalyst, we haven't seen or heard anything that will make the investors pour their money on the market again. But its better to see the market going into another accumulation period just like the $6000-$6500 pattern past months ago and when the needed catalyst comes along and pushed the market again then we can say that bear season is over.
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BitHodler
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December 17, 2018, 09:29:55 PM |
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But its better to see the market going into another accumulation period just like the $6000-$6500 pattern past months ago and when the needed catalyst comes along and pushed the market again then we can say that bear season is over.
It may seem like it's better, but it's not in reality. I mean, it's great for actual use to pick up during stable time frames, but as soon as the volatility and the volumes decline, the market seems to frustrate most of its participants. Don't forget that most people are here for crypto's wild roller coaster ride, and not to see boring sideways action for months straight. What happens then is re-testing of main support levels which we eventually will break. As long as the price keeps going up, regardless of how slow the market moves up, it's good. I think we may be down for that after we have finally found a bottom, or maybe we have already found the bottom. Time will tell.
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figmentofmyass
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December 17, 2018, 09:37:19 PM |
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The last bear season lasted for 2 years, so we really can't tell if we're on the tail end of it or if the bear is still not exhausted at this time. the overall correction ran about 2 years, but the bottom was hit after 13-14 months. then we had a long sideways period that lasted ~9 months before we finally established a higher high and officially entered a bull market. But remember a bull run needs a catalyst, we haven't seen or heard anything that will make the investors pour their money on the market again. a catalyst can help to speed things up, but all we really need is for supply to dry up on exchanges vs strong demand. i don't recall any big catalyst to the october 2015 rally, but that's when we closed the book on the bear market for good.
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Rozita
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December 17, 2018, 10:33:10 PM |
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Cannot predict the market according to this. No analysis and no prediction work. We don't know whether we should wait 1 year, 2 year or even 10 year. So one year passed, but nothing has changed and everything is possible. Everything is same as yesterday and also 6 months ago. The market is always unpredictable. A new all time high, a stable market or more fall in price are all possible.
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eminemcookie
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December 18, 2018, 07:42:52 PM |
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People always seem to forget the bit between the end of the bear market and the start of any bullishness. That may well be the longest most dispiriting period. And that's when most people give up or businesses go bust as interest dwindles massively.
The downward slope is always filled with delusion and hope. We've had a million bottoms called which means people were still paying close attention. Once they drift away it'll mean the cycle is complete and then it's no man's land until it picks up again
Historically that period hasn't been too long. Even in 2014/15 it was only a few months of sideways before the market started to increase. People also forget that the market shouldn't only be considered to be bullish again once we reach an ATH. As soon as the price starts increasing from 3k upwards that is the beginning of something positive.
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ASHLIUSZ
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December 18, 2018, 07:50:32 PM |
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In the past after some special occasion the price increase has taken place. This time too that can be expected. Though the usage, adoption and the acceptance on Marketplaces were increasing day be day the price hasn't recovered. As the year 2020 is all about halving, can expect good growth.
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exstasie
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December 18, 2018, 08:07:54 PM |
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Historically that period hasn't been too long. Even in 2014/15 it was only a few months of sideways before the market started to increase. People also forget that the market shouldn't only be considered to be bullish again once we reach an ATH. As soon as the price starts increasing from 3k upwards that is the beginning of something positive.
In 2015, it was more than a few months of sideways. We hit the bottom in the second week of January. We didn't break the sideways range until the fourth week of October when the market finally made a higher high. There's no reason to consider $3K the bottom yet. This could be a dead cat bounce. We'll only be able to tell in hindsight after the confirmation of an uptrend. That comes later (hopefully).
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Oceat
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December 18, 2018, 09:10:29 PM |
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Is a year of time enough for the bear market? Or, will the price drops by the next couple of months? Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.
It doesn't matter how many days or months since the last ATH, bull market wouldn't come yet even if there is good news. If you could look at the past history of Bitcoin where it was in the bearish market. It takes more than a year and a months after the bull run starts. I wouldn't expect a price pump next year if someone tell it.
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sunanbonang
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December 18, 2018, 10:57:20 PM |
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well today is exactly one year since the last ATH, and the current situation is inversely proportional to that time. Bitcoin has lost more than $ 15k in one year. this is truly beyond our expectations.
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Biscutard
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December 18, 2018, 11:24:34 PM |
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well today is exactly one year since the last ATH, and the current situation is inversely proportional to that time. Bitcoin has lost more than $ 15k in one year. this is truly beyond our expectations.
I didn't expect that too but it just happen so, let's just face it with pride but be very cautious. Any time the market would have rapidly change without further notice. But, this is just only my opinion the market seems to be unstable at the moment since last month. So, i would just expect another dump if it doesn't break the resistance of $4k.
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