Reversal of Bear Market?

[Matthewmorris4]

It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.

indeed, this is actually what makes traders doubt to enter the market again, market price fluctuations are more visible at times like this but this time the impact is negative, the price fluctuation has absolutely no positive effect, when prices are below, people are more doubt and fear if prices are likely to fall even more

[Agarthian]

It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.

indeed, this is actually what makes traders doubt to enter the market again, market price fluctuations are more visible at times like this but this time the impact is negative, the price fluctuation has absolutely no positive effect, when prices are below, people are more doubt and fear if prices are likely to fall even more

I think u guys underestimating the fact that it took more than 9 months for btc to drop below 6K



And now that its dropped here u guys are underestimating the fact that BTC is at all yearly lows

A Bullish move back to 5.5K will not suprise me at all.

[Kotone]

1000$ in few days ? Im impressed

Its showing early signs of a reversal if we can push it back upto 5K


Any thoughts ?


I Still feel we got some room to grow up

If you will take a look in the technical side as you mentioned the word "reversal" and also the longer time frame, it's not yet in the zone for the reversal. When it hit even the highest risk then it would be taken into consideration.

[gabmen]

It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.

indeed, this is actually what makes traders doubt to enter the market again, market price fluctuations are more visible at times like this but this time the impact is negative, the price fluctuation has absolutely no positive effect, when prices are below, people are more doubt and fear if prices are likely to fall even more

I think u guys underestimating the fact that it took more than 9 months for btc to drop below 6K



And now that its dropped here u guys are underestimating the fact that BTC is at all yearly lows

A Bullish move back to 5.5K will not suprise me at all.

Same way as a drop back to the lower 3k levels won't surprise me either. No one's underestimating bitcoin and people are even having higher expectations than necessary when this upward movement started. Bottomline is, we can't be too complacent.

[Harlot]

The most probable thing we are seeing now is that Bitcoin made a bull run during this bear market but this does not show any kind of reversal the way to confirm that this is indeed a reversal is if this price increase continues on a consistent basis but other than that we cannot say that we are in a bull market. Don't get your hopes up and if you didn't bought Bitcoin when it was sub 3000$ then it is not safe to ride as you really don't have a margin of safety for your capital.

[Agarthian]

The most probable thing we are seeing now is that Bitcoin made a bull run during this bear market but this does not show any kind of reversal the way to confirm that this is indeed a reversal is if this price increase continues on a consistent basis but other than that we cannot say that we are in a bull market. Don't get your hopes up and if you didn't bought Bitcoin when it was sub 3000$ then it is not safe to ride as you really don't have a margin of safety for your capital.

1000$ bounce right at the all time low.

And u guys say no signs of reversal.

I guess u will long at 8K

[Duogembrot]

the price of cryptocurrency will never be able to make price increases instantly, all of them require a process to be expensive and the price of bitcoin can return at a price of $ 5k again if there is good news and if demand increases.

[stadus]

The most probable thing we are seeing now is that Bitcoin made a bull run during this bear market but this does not show any kind of reversal the way to confirm that this is indeed a reversal is if this price increase continues on a consistent basis but other than that we cannot say that we are in a bull market. Don't get your hopes up and if you didn't bought Bitcoin when it was sub 3000$ then it is not safe to ride as you really don't have a margin of safety for your capital.

1000$ bounce right at the all time low.

And u guys say no signs of reversal.

I guess u will long at 8K

That bounce is big considering it happened in the last month of the year, where everyone is almost hopeless because there is no bull run.
We can make our own opinion based on our analysis but we should know by ourselves if what price do we really think is gonna be the all time low.

Some people still think that bitcoin will hit below $3,000 this year but it's not possible now, so, IMO, I will stick with my prediction that BTC has already bottomed and what we are witnessing now is a reversal, the time for accumulation will be gone soon, as bitcoin will start to rally again.

[panganib999]

It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.

I guess too, speculating the price at this moment may lead to a false one since there is uncertainty and volatility involve especially on bearish market. Reversal on the market or lets say the bull era of market is hardly to see right now, there is like a smokebomb on the market cause we can't clearly see what will happen if go continue engaging with the market's situation.

[GregH37]

It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.

I guess too, speculating the price at this moment may lead to a false one since there is uncertainty and volatility involve especially on bearish market. Reversal on the market or lets say the bull era of market is hardly to see right now, there is like a smokebomb on the market cause we can't clearly see what will happen if go continue engaging with the market's situation.

Yes, it will be much better not to bother about what is happening exactly with the market right now. Because, assuming something of our own, we will be leading into miscalculations and finally into losses or waiting more. The better option must be just watching the market fingers crossed and if your budget allows buying more also recommended action for right now.

Most people here are expecting positive market from 2019 onward. But, that also another speculation about this crypto space as there will be no easy method to know the future. So, we must be ready for anything and personally I will not be having any problem to continue my holding regardless of the beer market is reversing or not.

[Jhonyguy]

This was a big bill move but there should be still many corrections should be there as the bear market was strong , we can't depend on only 1 big move and enter remember bear market was strong we need more up move like this. So reversal will be stronger. and reversals Is not about only 1 move many big moves causes reversal

[darewaller]

it will be much better not to bother about what is happening exactly with the market right now. Because, assuming something of our own, we will be leading into miscalculations and finally into losses or waiting more. The better option must be just watching the market fingers crossed and if your budget allows buying more also recommended action for right now.

I believe already following what you have stated. Yes, I'm not bothering about short term trends, that is the reason, I'm always buying at dips and ignoring all the bouncing back of market movements. I believe this will be possible for any trader only when they are having long-term based plans rather than looking for active trading to book some small profit on daily basis. I never care about reversal of bear markets. If that will be happening, I am the first person to find it more exciting rather than worrying about missing out the buying opportunities.

reversal will be stronger. and reversals Is not about only 1 move many big moves causes reversal

Yes, changes in market trend may not happen instantly as it requires first sustaining market only after sustaining phase it will start reversing. This is the usual thing for the any market when the direction of market about to change.

[Yaunfitda]

The most probable thing we are seeing now is that Bitcoin made a bull run during this bear market but this does not show any kind of reversal the way to confirm that this is indeed a reversal is if this price increase continues on a consistent basis but other than that we cannot say that we are in a bull market. Don't get your hopes up and if you didn't bought Bitcoin when it was sub 3000$ then it is not safe to ride as you really don't have a margin of safety for your capital.

1000$ bounce right at the all time low.

And u guys say no signs of reversal.

I guess u will long at 8K

But that $1k bounce was not sustainable though isn't it? After that bounce the price keeps fluctuating again, meaning investors are just shorting bitcoin right now and will keep doing that unless the bounce is for real.

Although I'm glad it didn't went further below $3K, but I'm seeing the price fluctuating between $3600-$3800 before we can actually see a good spike in the next coming months.

[Agarthian]

The most probable thing we are seeing now is that Bitcoin made a bull run during this bear market but this does not show any kind of reversal the way to confirm that this is indeed a reversal is if this price increase continues on a consistent basis but other than that we cannot say that we are in a bull market. Don't get your hopes up and if you didn't bought Bitcoin when it was sub 3000$ then it is not safe to ride as you really don't have a margin of safety for your capital.

1000$ bounce right at the all time low.

And u guys say no signs of reversal.

I guess u will long at 8K

But that $1k bounce was not sustainable though isn't it? After that bounce the price keeps fluctuating again, meaning investors are just shorting bitcoin right now and will keep doing that unless the bounce is for real.

Although I'm glad it didn't went further below $3K, but I'm seeing the price fluctuating between $3600-$3800 before we can actually see a good spike in the next coming months.

Hard to call alot of traders are starting to see an inverse H n S forming.  The bet is to retest 5K and back to 3K n below.

[MULTIK888]

It is not necessary to draw early conclusions, today we can safely say that it was another rebound , after which the bearish trend continues.
This Growth was not large trading volumes and I think it was the landing of passengers playing shorts.

[jrrsparkles]

No sign of bear market eding now,still the market swings and swings laet see this new year may change the condition or not!

For now we have to concentrate on only the long term investments if you are willing to make money from crypto investments.

[wuvdoll]

No sign of bear market eding now,still the market swings and swings laet see this new year may change the condition or not!

End of bear market may not happen in a single day, it is a long process of step by step reversal of market, I guess it is already started to happen and hopefully you also will find out this most expected thing of bitcoin markets. If bitcoin will not break $3200 and bounce back toward $4000 then we may not see $3500 for ever. Yes on that case, we may conclude that we have passed the bottom and we are into the progress of rising markets.

For now we have to concentrate on only the long term investments if you are willing to make money from crypto investments.

Long term investment must an ever-green idea of bitcoin based opportunities and moreover this must be the right time to buy more as I doubt that we may not get another buying opportunity for lesser than $4000 levels.

[sedahan13]

According history price of Bitcoin in 2014 -2015 after  dumped hard the price will stagnan for afew month and then after that will start to going up to the highest price and then will surpass it. So in my research, its now best times to buy BTC and hold it for 2 years. With low capitalization and limited supply, Bitcoin has potential to rise more than 20 times.

[Baofeng]

No sign of bear market eding now,still the market swings and swings laet see this new year may change the condition or not!

The bear still control this market and I'm sure that they will hold as long as they can, so its really hard to see when this all gonna end.

For now we have to concentrate on only the long term investments if you are willing to make money from crypto investments.

There's still money to make even if this bear market. Obviously, short day speculators are taking advantage of this situation and taking profits in every prices swings. But there's also people buying cheap bitcoins and HODL for the next 2 years, still win-win to us.

[Sadlife]

The trend is our friend until it ends. Im bullish in the long term but bearish in the short term. But the fundemental part is buy low and sell high we might see some slight gain this day or tomorrow that's why i bought some coins and put some necessary stop loss. But there's also a possibility of a bull trend if bitcoin truly has bottomed out then we might see the start of a reversal.