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Author Topic: Seems to me Bitcoin is getting over the bear sh*t  (Read 647 times)
Thanasis
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February 16, 2019, 12:35:07 PM
 #81

Bitcoin has been in a state of minor fluctuations. After a long the price crossed $3500 unexpected. The same is predicted to grow further, but at present it is on the urge to reach $3700 at the shortest. I believe, there is no more deep fall in value as the market is gaining resistance for a forward push.
But didn't get any news to make that orward push so market is staying at the same level just below $3700 range and I hope there will be something happening to make the prices increase and will result in bull run.

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February 16, 2019, 12:50:20 PM
 #82

Can we stop with this bear and bull run thing already? If we are going to have a rise in price (bull run), it will happen on its own eventually. If the price starts to fall (bearish), then all we can do is just deal with it and let it happen. Keeping on discussing about it does not help the price to rise or fall in anyway. It rather creates confusion among newbies.

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February 17, 2019, 01:13:29 AM
 #83

Now the price of Bitcoin is at a very critical point and it is very difficult to decide between the possibility of going down and up. I think, it will attract new investors to Bitcoin some new news and developments are needed, I hope it will come soon.
Yeah the price hasn't seen a significant change, prices are up and down still in a small margin. but honestly I would not call it a critical position because the price occasionally increases even though it is small, maybe we will experience a high increase if some positive aspects come like trends and issues, and this year certainly positive issues will come, just wait!

But isn't it a good time to accumulate?

We're not in the critical position right now because the price seems to be stable @$3600 and there's no indication of an incoming drop.

But the bear still on the top of the market and we need to break those mental barriers like @$4k to be able to see some semblance of a bull run.
Thats hy I said we haven't reached a critical point yet, if possible the price could rise to $4k or $5k maybe a critical position could be there, because it would be a move between bearish to bullish, because basically people need a shock like price rise so they can back to buying bitcoin again
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February 17, 2019, 01:40:23 AM
 #84

It's hard to say the bear market is leaving, the rising is still too small to be consider as bull, many experts predicted from the chart said that the bear will still on going, the price 3k is not a good support price, it got the possibility of falling down lower before going up


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February 17, 2019, 08:41:51 AM
 #85

We will never get over this bear sh*t because it is the nature of the trading world. No matter what we are talking about, no matter how secure and guaranteed it looks when a trading item is allowed to be traded by the public it has ups and downs, even the most secure bank interest sometimes gets bankrupted and people have to go to lawyers and sue companies and wait for government to dissolve and sell stuff of that bank just to pay the people back. Hence, there is absolutely no way of knowing what type of market we will be in at any given time.

Yes, we might start to go up but also we can then go back down, we will always go down no matter how many times we go up. We may reach 50k one day and then drop under 10k again, bear will never leave. Thankfully tough same applies to bull as well.
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February 17, 2019, 09:00:11 AM
 #86

It's hard to say the bear market is leaving, the rising is still too small to be consider as bull, many experts predicted from the chart said that the bear will still on going, the price 3k is not a good support price, it got the possibility of falling down lower before going up

There are two opposite views on this

Following which you can come to very different, even antagonistic conclusions. According to the first view, prices are set explode (or implode) sooner or later as it has always happened in the past. So technically, we should be counting down the days until it actually happens. On the other hand, the second view suggests that it may not in fact be the case and our counting should actually be in the opposite direction as the longer prices remain stable the more people expect them to be stable in the future

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February 17, 2019, 03:41:52 PM
 #87

It's hard to say the bear market is leaving, the rising is still too small to be consider as bull, many experts predicted from the chart said that the bear will still on going, the price 3k is not a good support price, it got the possibility of falling down lower before going up

There are two opposite views on this

Following which you can come to very different, even antagonistic conclusions. According to the first view, prices are set explode (or implode) sooner or later as it has always happened in the past. So technically, we should be counting down the days until it actually happens. On the other hand, the second view suggests that it may not in fact be the case and our counting should actually be in the opposite direction as the longer prices remain stable the more people expect them to be stable in the future

Well i think basing it from what happened in the past don't cut it anymore. 2018 broke several historical patterns and there's no reason not to believe that 2019 will also do the same. Though we're neither in the bear or the bull market it seems. Things are pretty stagnant between the 3.5 to 3.6k level.

 
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February 18, 2019, 04:26:12 PM
 #88

2019 year can be significant for some extend and this will be the year that it will get over the bearish situation because Bitcoin is progressing with adoption than last year but we wouldn't see a significant bull run because due to the last price decline some investors are hesitant to invest in bitcoin than the past due to the unpredictability but I hope this situation will change with time because there is a trend increasing companies are trying to combine crypto with there core payment processes to gain more money targeting cryptocurrency holders which can be beneficial for Bitcoin to recover at least to a considerable level

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February 18, 2019, 04:43:30 PM
 #89

The last two days we are experiencing some encouraging news in the price of Bitcoin.
I am very happy about this upward trend and I think that if we break the 4k resistance then we can talk about a full recovery in the cryptocurrency market till the end of 2019. Q1 is very crucial and it will give us many signs about it.
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