Reversal of Bear Market?

[Agarthian]

At what time at 20 K did it show signs of reversal ?

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[Goodvalony]

A good forcast i have been following recently says that Btc must taste below 2000k before we see any thing above 5k. he believed that we are not going to express the 1300k price mark, there is hope actually but not now.  as it stands we are  going down the pit. everyone should get ready.

[tmfp]

At what time at 20 K did it show signs of reversal ?

All the way from $10k on up, when it became unsustainably overbought on any indicator you care to name.

[crzy]

At what time at 20 K did it show signs of reversal ?

All the way from $10k on up, when it became unsustainably overbought on any indicator you care to name.

That’s the start for sure but we must first beat the resistance level of $4000 before to have the chance of breaking that level. Its quiet hard to say now when it will going to happen since bitcoin is still on a stable mode where there is a trade but its not enough to pump the market.

[Oilacris]

A good forcast i have been following recently says that Btc must taste below 2000k before we see any thing above 5k. he believed that we are not going to express the 1300k price mark, there is hope actually but not now.  as it stands we are  going down the pit. everyone should get ready.

It is clear that bear market is not yet totally done and it is clearly showing its sign by making another dip every other day.

Since that ATH on 2017 it seems that the market took a comeback for reversal at 2018 last year.
I think it is possible that we are going back to 2015 if this will continue along the way without changes. Many speculators and some are afraid already that the market seems to crush little by little.

[Agarthian]

A good forcast i have been following recently says that Btc must taste below 2000k before we see any thing above 5k. he believed that we are not going to express the 1300k price mark, there is hope actually but not now.  as it stands we are  going down the pit. everyone should get ready.

It is clear that bear market is not yet totally done and it is clearly showing its sign by making another dip every other day.

The dip from 4K was mostly manipulation and some exchange manipulation goin on for sure.


But I doubt they can push it too low.

You forgot this is BTC ? Not Cripple. Thx

I mean common it took them more than 6 months + To break below 6K.

[tmfp]

At what time at 20 K did it show signs of reversal ?

All the way from $10k on up, when it became unsustainably overbought on any indicator you care to name.

That’s the start for sure but we must first beat the resistance level of $4000 before to have the chance of breaking that level. Its quiet hard to say now when it will going to happen since bitcoin is still on a stable mode where there is a trade but its not enough to pump the market.

"Stable mode" as in on life support.
I was referring to end November 2017, when I was looking for a reversal (and selling) from $8k up. (My feeling as $20k approached were incredulity, but I didn't short out of fear.)
I can't see anything in the current situation that is stable, or a basis for any end to the fall in prices. If 3000 breaks, I'd look for a potential exhaustion move down to the 1500 level which may prove to be a good long entry point.

[apityeh71]

From my technical  analysis,  the crypto market will keep sideaway until on may, and then after that the price will start to rise. All crypto dumped too much and all price of crypto already oversold, and will going up later.

[Oilacris]

A good forcast i have been following recently says that Btc must taste below 2000k before we see any thing above 5k. he believed that we are not going to express the 1300k price mark, there is hope actually but not now.  as it stands we are  going down the pit. everyone should get ready.

It is clear that bear market is not yet totally done and it is clearly showing its sign by making another dip every other day.

The dip from 4K was mostly manipulation and some exchange manipulation goin on for sure.


But I doubt they can push it too low.

You forgot this is BTC ? Not Cripple. Thx

I mean common it took them more than 6 months + To break below 6K.

Well, you can't say so because the market is always unpredictable. They may took 6 months+ to break it but it doesn't mean they will happen again in the following year.
Sometimes price manipulation is a good thing that happens, it makes them to flush the weak-handed bag holders.

[maydna]

From my technical  analysis,  the crypto market will keep sideaway until on may, and then after that the price will start to rise. All crypto dumped too much and all price of crypto already oversold, and will going up later.

I am afraid we are now going to see the price down again lower than yesterday. Yesterday we were at $3400, and today, we are $33xx and still going to go down. The bear market still happen until now, and we are at the end of January, but I am sure that when the bear market is on there, it just to clear the market from people who cannot hold bitcoin, so they are panic to see the price is down. From the chart in the market, the trend shows a red candle and the market is moving slowly, but there is a battle between the order buy and sell which want to hold the price to not going down deeper.

[The Cryptologist]

I believe that we are still far away from that. 2020 or 2021 has a higher chance of recovering or a bull run. People are still afraid to buy because we can see it clearly on the low volumes and all of us are still waiting for a couple of good news to come out sooner.

[yanto@1977]

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

This month bitcoin will go dipper and than side ways for long term period, not good sign for us but we can't do nothing. Have the same suggestion like others, calculate again, good stay bad leave with all risk. You should take action fast before too late, not easy but avoid bigger lost is more important than wait.

[Agarthian]

From my technical  analysis,  the crypto market will keep sideaway until on may, and then after that the price will start to rise. All crypto dumped too much and all price of crypto already oversold, and will going up later.

I am afraid we are now going to see the price down again lower than yesterday. Yesterday we were at $3400, and today, we are $33xx and still going to go down. The bear market still happen until now, and we are at the end of January, but I am sure that when the bear market is on there, it just to clear the market from people who cannot hold bitcoin, so they are panic to see the price is down. From the chart in the market, the trend shows a red candle and the market is moving slowly, but there is a battle between the order buy and sell which want to hold the price to not going down deeper.

Dont know what u r looking at

As many chart time frames so bullish divergences upwards we can see a 3500 safely in my opinion.

[exstasie]

"Stable mode" as in on life support.
I was referring to end November 2017, when I was looking for a reversal (and selling) from $8k up. (My feeling as $20k approached were incredulity, but I didn't short out of fear.)
I can't see anything in the current situation that is stable, or a basis for any end to the fall in prices. If 3000 breaks, I'd look for a potential exhaustion move down to the 1500 level which may prove to be a good long entry point.

That sounds fair enough, but why $1,500?

If the December bottom breaks down, it's a liquidity vacuum situation so it's impossible to predict where price will bottom. I don't think it needs to hit any particular level. Often times with Wyckoff Springs, we just drop slightly below the previous low before springing back into the previous trading range. Could be $2K. Could be $2,950. It's really unpredictable.

[gabmen]

I believe that we are still far away from that. 2020 or 2021 has a higher chance of recovering or a bull run. People are still afraid to buy because we can see it clearly on the low volumes and all of us are still waiting for a couple of good news to come out sooner.

From what you're saying, the whole year would still be under the bears' control right? I actually don't agree with that. Probably we'll see a reversal by the end of the year though not the type like that of 2017. The bear market will likely dry out and we'll start moving upwards slowly.

[1Referee]

Often times with Wyckoff Springs, we just drop slightly below the previous low before springing back into the previous trading range. Could be $2K. Could be $2,950. It's really unpredictable.

Only time will tell who is right and who isn't. Reality however tells you that the majoroty of people are wrong most of the times, and those who guessed right don't do much to reflect that and take advantage of it. In other words, they think/believe the price will fall to x level, but it doesn't go further than that.

I have set up various buy orders between $1500-$3000 just in case there is a flash crash I won't be able to buy into manually. By having these orders open the chances of buying the potential bottom are much higher.

For the record, I don't expect the price to fall to these levels, just setting myself up in case it does turn out to happen.

[Finestream]

I believe that we are still far away from that. 2020 or 2021 has a higher chance of recovering or a bull run. People are still afraid to buy because we can see it clearly on the low volumes and all of us are still waiting for a couple of good news to come out sooner.

From what you're saying, the whole year would still be under the bears' control right? I actually don't agree with that. Probably we'll see a reversal by the end of the year though not the type like that of 2017. The bear market will likely dry out and we'll start moving upwards slowly.

Right.I think this year would be a better year for all of us compared to last year.A bull run may not come yet but i still have high hopes that the market will soon to recover.So i really tried to buy potential coins as much as i can because i really believe a huge profit is almost on our way.Just be patient and never be afraid to invest again.

[Fredomago]

From my technical  analysis,  the crypto market will keep sideaway until on may, and then after that the price will start to rise. All crypto dumped too much and all price of crypto already oversold, and will going up later.

I am afraid we are now going to see the price down again lower than yesterday. Yesterday we were at $3400, and today, we are $33xx and still going to go down. The bear market still happen until now, and we are at the end of January, but I am sure that when the bear market is on there, it just to clear the market from people who cannot hold bitcoin, so they are panic to see the price is down. From the chart in the market, the trend shows a red candle and the market is moving slowly, but there is a battle between the order buy and sell which want to hold the price to not going down deeper.

This bear market still strong and working over time, we see sideways more and more and the reversal still not yet to find, might take much longer time for real holders to be strong enough and let those wea hands to lose their money and quit from the market, we need to be more patients while waiting for the
time where real reversal happens.

[Agarthian]

From my technical  analysis,  the crypto market will keep sideaway until on may, and then after that the price will start to rise. All crypto dumped too much and all price of crypto already oversold, and will going up later.

I am afraid we are now going to see the price down again lower than yesterday. Yesterday we were at $3400, and today, we are $33xx and still going to go down. The bear market still happen until now, and we are at the end of January, but I am sure that when the bear market is on there, it just to clear the market from people who cannot hold bitcoin, so they are panic to see the price is down. From the chart in the market, the trend shows a red candle and the market is moving slowly, but there is a battle between the order buy and sell which want to hold the price to not going down deeper.

This bear market still strong and working over time, we see sideways more and more and the reversal still not yet to find, might take much longer time for real holders to be strong enough and let those wea hands to lose their money and quit from the market, we need to be more patients while waiting for the
time where real reversal happens.

If we leave it up to you guys we will forever be in bear market.

[Whosdaddy]

This bear market still strong and working over time, we see sideways more and more and the reversal still not yet to find, might take much longer time for real holders to be strong enough and let those wea hands to lose their money and quit from the market, we need to be more patients while waiting for the
time where real reversal happens.

If we leave it up to you guys we will forever be in bear market.

Quite funny mate, I hate discouraging comments about crypto market which might be one of the reason why we have not seen the bull run we have all been waiting for, it just like 80% of the minds involved as been set on bearish market this year and if law of attraction is to come to play here, we might keep experiencing this bearish market until we start talking toward the bullish trend and hopefully, with our positive thinking and confession, we can move the market back to the bullish trend with or without the influence of the whales.