Should we call it a trend or a wave? Or something else?

[BitHodler]

The is the longest bear market that I've experienced so far after that short amount of time during the bull run.

It may look short to you, but prior to the mania that started in 2017, we had around two years worth of gradual increases. It wouldn't surprise me if we see a similar trend, but then to the downside.

If we're still dealing with the same repetitive cycles, then we should bottom out this year (if we haven't bottomed out already). Looking at the charts and the general sentiment, it's not really a surprise that most people are bearish.

If the mass at this point is still functioning as counter indicator, we should be up for a bounce up this or next month, but there are just as many reasons to expect the price to fall down even more. It's a 50/50 shot in my opinion.

[1715021847]

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[1715021847]

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[manggis97]

When bull market price of Bitcoin and others crypto will going up multiple times even more than 10 times just a few month,  but when bear market the price can be drop to more than 90% . So the good times to buy is when the price already dumped to 90% and hold it for long term until the price going up to more than 10 times.  With low capitalization and mass adoption,   crypto market will have more probability to increase later.

[Indrawan77]

I believe it can come back again, but it is going yo need a long of time, 2017 when bitcoin hit the peak, the hype was too high, so once bitcoin hit the major correction the price fall down really deep, for the one that doesn't really understand about bitcoin then they will say that bitcoin is dead and can't recover again, but for the early adopter we already see how great is the bitcoin growing from one year to another year

[Thanasis]

When bull market price of Bitcoin and others crypto will going up multiple times even more than 10 times just a few month,  but when bear market the price can be drop to more than 90% . So the good times to buy is when the price already dumped to 90% and hold it for long term until the price going up to more than 10 times.  With low capitalization and mass adoption,   crypto market will have more probability to increase later.

Lot of people only realizes this after happened so there is no point on convincing them again and again,just be selfish and take all the profits for yourself,if you are good means you will be looking like a scammer this this world.

[binhvo1505]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

We often call it the dot-com bubble. and crypto is the bubble in 2017 and it was suddenly exploded in 2018. that happened too fast and it was recorded in history. a market has lost over $ 1,000 billion in just 1 year.
It was really a big shock for everyone. No one would have expected our market to progress to this step.
But this will be a great opportunity for new investors who want to enter the market. there is less risk because it will not go down much more.

[omonuyak]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

In forex we called the three face of price movement cycles as upwards trend,  downwards trend and sideways trend and that can also be referred to as waves.  I think we are not going to have automatic price movement that obey technical indicators but time to time thing happened that do set the pattern a side.

[Yamifoud]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

In forex we called the three face of price movement cycles as upwards trend,  downwards trend and sideways trend and that can also be referred to as waves.  I think we are not going to have automatic price movement that obey technical indicators but time to time thing happened that do set the pattern a side.

We are in bad trend and not even showing pumps since from the start of this year. Many were questioning us about its trend, it is not a normal trend anymore. Any indication for the bull runs still missing and it really don't have. This fluctuations aren't similar to what happen in previous years thus we can't draw a chart for it for what could be possible to happen in the next few days and soon.

[prtty2gal2]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

It is definitely a wave. Trends are usually out trended when their time goes by, people usually use trend word for clothes so by comparison for example a jean that had baggy ends were trends for a while but now they are all gone. Bitcoin will never be fully gone, its always here and it still has more users than ever reading about it every single day.

Even people who came in during the peak and left still take a look at it once in a while. That is why I think bitcoin will be just a wave, sometimes it goes up and sometimes it goes down and in the end no matter what happens the sea levels increase just like in real life. The water is getting bigger and bigger in volume because there are more and more pouring in every single day. Hence, it is just wave and we are on the down turn for now but the big tides will come one day for sure.

[Barbut]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

It is definitely a wave. Trends are usually out trended when their time goes by, people usually use trend word for clothes so by comparison for example a jean that had baggy ends were trends for a while but now they are all gone. Bitcoin will never be fully gone, its always here and it still has more users than ever reading about it every single day.

Even people who came in during the peak and left still take a look at it once in a while. That is why I think bitcoin will be just a wave, sometimes it goes up and sometimes it goes down and in the end no matter what happens the sea levels increase just like in real life. The water is getting bigger and bigger in volume because there are more and more pouring in every single day. Hence, it is just wave and we are on the down turn for now but the big tides will come one day for sure.

Why are you limited to last year, look further in the past and you will see that something big started 10 years ago and still lasting. It`s growing every year, even in terms of price, cause except that peak 2 years ago price has grown a lot since I`m here. In every way we are bigger than before and that trend will last a lot more. You can call it a wave to, and it`s getting bigger and bigger. Just compare prices and market cap from 2013 and now, you will see where we are in just 6 years. In next 6 years we can expect some big miracles to happen with cryptocurrencies.

[DR_Vladislav]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

It's called cycle. Right now we're obviously we're in the bearish one. 2018 was the start of this cycle, so there's a lot of ups and downs and then we stabilizes around the $6k-$6.5K levels however, it dramatically fall because of all the BCH drama. If we're going to look at it's past history, bitcoin works that's way, bullish/bearish cycles.

Cycle  is activity of all the marken from buttom to top then buttom again it can be a year or more. Like if you look at cycle of bitcoin start from 3k to 20k and back to the level of 3k.
Cycle contain in its trend and wave.

Wave or trend is depend in what are you descriping. But trand contain in it waves. 
N M W look at chart you will know
Fot example upper trend has so many waves.

 

[Slow death]

So basically last year was full of great ups and downs

I think you saw it wrong, the price just fell and did not rise as you can say it was ups and downs?

but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.

at the end of 2017 when the price reached $ 20,000 all news channels of my country were talking about bitcoin, in the year 2017 bitcoin made history and many people got word about bitcoin

So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?

was pump and dump. I'm sorry, I believe that's what happened.

[Ucy]

I think it can be both,though I prefer the normal term - Trend.

If you observe the market you will notice that Bitcoin still trends or move in wave form despite the bear market.  Though the movement is concentrated around $3200—$4500 you can still profit from it.
The most important thing is to buy when it moves downward and sell when it moves upward.

[abstractednerve]

Volatility is The bitcoin's nature, and I have no clue to believe that bitcoin will be stable on a fixed price. Whales can manipulate the bitcoin's price anytime, so we have seen a high jump in the crypto market and we have passed a continuous fall down which is still ongoing! In the future, the crypto coins price will be high again, So, I would call it is a trend and this trend/volatility never will stop!

[Ararbermas]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

it is a trend mate  because the value of bitcoin for sure had no possibility to reach those previous records and the most ATH value if it's just a wave.. Which is it will fluctuate alway due to the volatility of market that always happens time on time. . Wave is just a sudden pump but unfortunately willl fluctuate back .

[Botnake]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

it is a trend mate  because the value of bitcoin had no possibility to reach those previous records and the most ATH value if it's just a wave.. Which is it will fluctuate alway due to the volatility of market that always happens time on time.   .

Hopefully you are wrong, I believe that someday we will be able to reach that ATH again but this time it would be due to the stable price increase.
The previous ATH was just reached because of FOMO in the market and we know the result is bad since until now, we are still experiencing the correction.

[BitcoinTurk]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

I think the incident we experienced during the last ascension is an upward trend because the waves of ascension cannot react so hard. Also, I think that the rise in the bull that we have experienced during the past bull was completely inflated because thousands of uninformed and inexperienced investors were trading in the market. Some economists I followed said that the price had risen very fast, which had a bad effect on market authority.

[Reid]

Back to normal state? What is the normal state of bitcoin?

We focused a lot on that 20k price that happened with bitcoin we forgot how high it is still by now in just how many years?

It is even highly appreciated than gold right?
The demand went soaring at that moment and that could always happen anytime. Who knows? Another pump could lead to staying there for a larger price.

[catfishftw]

So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

In forex we called the three face of price movement cycles as upwards trend,  downwards trend and sideways trend and that can also be referred to as waves.  I think we are not going to have automatic price movement that obey technical indicators but time to time thing happened that do set the pattern a side.

We are in bad trend and not even showing pumps since from the start of this year. Many were questioning us about its trend, it is not a normal trend anymore. Any indication for the bull runs still missing and it really don't have. This fluctuations aren't similar to what happen in previous years thus we can't draw a chart for it for what could be possible to happen in the next few days and soon.

that's what im saying was the price a trend or it is just getting back? it's been a long time, and may the bitcoin do it as usual and hit another peak ?

[Herbert2020]

these people you are talking about regarding showing "interest",... are only a very small part of the market and they usually are referred to as newbies or weak hands or both. they don't matter because they are too small and ineffective. so they shouldn't be used as any indication either.

this is how bitcoin has always worked in the past 10 years. it is always on a constant rise despite what the price charts may look like because it is constantly growing and being adopted. but sometimes this growth happens faster so we see spikes and these spikes need correction and that leads to a slow market with temporary downtrend before bitcoin goes back to its normal rising mode.

[bitbunnny]

I think it can be both,though I prefer the normal term - Trend.

If you observe the market you will notice that Bitcoin still trends or move in wave form despite the bear market.  Though the movement is concentrated around $3200—$4500 you can still profit from it.
The most important thing is to buy when it moves downward and sell when it moves upward.

For something to be called a trend it should be in continuous mode for a while and or repeat in the same or very similar way. So current movements in the market I wouldn't call a trend. It's temporary positive correction that pulled back again and it's yet to see how the further situation will develope.