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Author Topic: Should we call it a trend or a wave? Or something else?  (Read 478 times)
radjie
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March 20, 2019, 09:25:41 PM
 #41

the cryptocurrency market is very fluctuating, the rise and fall of bitcoin prices on the market is a natural thing. but the event last year was a bearish trend that is widely used by large traders to be able to invest more in it and price movements can be influenced by the widespread negative news. but until now the bitcoin price movement has increased slightly and is in the recovery phase to be able to increase the price again
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March 20, 2019, 09:27:54 PM
 #42

the cryptocurrency market is very fluctuating, the rise and fall of bitcoin prices on the market is a natural thing. but the event last year was a bearish trend that is widely used by large traders to be able to invest more in it and price movements can be influenced by the widespread negative news. but until now the bitcoin price movement has increased slightly and is in the recovery phase to be able to increase the price again
Volatility is biggest advantage of crypto markets over the spot markets like forex, stock shares and more. Movements happen more in this market and this gives to traders more opportunities in every fluctuation.
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March 20, 2019, 09:32:17 PM
 #43

the cryptocurrency market is very fluctuating, the rise and fall of bitcoin prices on the market is a natural thing. but the event last year was a bearish trend that is widely used by large traders to be able to invest more in it and price movements can be influenced by the widespread negative news. but until now the bitcoin price movement has increased slightly and is in the recovery phase to be able to increase the price again
Volatility is biggest advantage of crypto markets over the spot markets like forex, stock shares and more. Movements happen more in this market and this gives to traders more opportunities in every fluctuation.
The level of volatility is really entirely different with forex and stocks which as you said this do gives out more opportunities on making money out of those big swings on prices but
on exchange the risk is pretty high compared to traditional markets but still this is the main thing why most people do put up interest with crypto.

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March 21, 2019, 02:28:49 AM
 #44

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.

Add in the duration . you cant call trend a trend without a duration but  i dont agree when you disagree that what we experience right now is not a trend  .  for me this can be considered a trend (  bullish trend to be exact )  because the value succesfully reach 4k usd and it did stay on that level for a longer time  . the temporary positive correction that you are talking about is already over  . the correction was last time when the value drop and stayed at 3k usd  .
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March 21, 2019, 02:51:19 AM
 #45

the cryptocurrency market is very fluctuating, the rise and fall of bitcoin prices on the market is a natural thing. but the event last year was a bearish trend that is widely used by large traders to be able to invest more in it and price movements can be influenced by the widespread negative news. but until now the bitcoin price movement has increased slightly and is in the recovery phase to be able to increase the price again
Volatility is biggest advantage of crypto markets over the spot markets like forex, stock shares and more. Movements happen more in this market and this gives to traders more opportunities in every fluctuation.
For every knowledgeable crypto traders, fluctuations is the best way to earned, knowing when to ride and buy the news will give them big opportunities,
traders who already used to this market behaviors already learned things in a tough way, understanding how they should act when trend is moving always
allow them to make some profits.
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March 21, 2019, 02:55:30 AM
 #46

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.

Add in the duration . you cant call trend a trend without a duration but  i dont agree when you disagree that what we experience right now is not a trend  .  for me this can be considered a trend (  bullish trend to be exact )  because the value succesfully reach 4k usd and it did stay on that level for a longer time  . the temporary positive correction that you are talking about is already over  . the correction was last time when the value drop and stayed at 3k usd  .
When it reach it's peak, it is trend. I agree with some people in here. Because it is not pumped and dumped in a short time. We have time when it get stable and keep increased and not only like pump and dump scheme.

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March 21, 2019, 04:30:09 AM
 #47

the cryptocurrency market is very fluctuating, the rise and fall of bitcoin prices on the market is a natural thing. but the event last year was a bearish trend that is widely used by large traders to be able to invest more in it and price movements can be influenced by the widespread negative news. but until now the bitcoin price movement has increased slightly and is in the recovery phase to be able to increase the price again
Volatility is biggest advantage of crypto markets over the spot markets like forex, stock shares and more. Movements happen more in this market and this gives to traders more opportunities in every fluctuation.
therefore we can welcome this is a good wave for crypto because from now on crypto and the market have started to have good performance so that later we can again feel good and promising results from trade and investment

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iMark
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March 21, 2019, 06:51:02 AM
 #48

the cryptocurrency market is very fluctuating, the rise and fall of bitcoin prices on the market is a natural thing. but the event last year was a bearish trend that is widely used by large traders to be able to invest more in it and price movements can be influenced by the widespread negative news. but until now the bitcoin price movement has increased slightly and is in the recovery phase to be able to increase the price again
Actually you are free to say it's a trend or wave, fluctuations can bring long trends and high waves, for now bad trends are still happening,
but it looks like high waves will come with more and more users starting to believe and positive news coming
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March 21, 2019, 03:27:56 PM
 #49

It's different. The waves are just the consequences of trends.
The market won't come back to "a normal state" because there is nothing such as normal. If you think the normal price should be $10k it's ok, but why shouldn't it be $5 as well?. There is no standard

Now, back to the question if we're going to see again BTC/$10k then nobody here knows, we're just speculating, or gambling if you prefer.

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March 21, 2019, 03:42:17 PM
 #50

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.

What do you mean by normal state? Bitcoin is very unstable so I don't understand what normal state is.

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

Of course it will come back to $10k or even more. I wouldn't say it's a trend either. Trend just simply die, while bitcoin is really based on supply and demand. Maybe today the supply is not that good, but either way we are expecting a big increase in 2020 specially when bitcoin halving occurs.
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March 21, 2019, 04:03:14 PM
 #51

for this year there seems to be a pretty good wave for the market, because from now on the market has started to have a good increase even though it is still slow but I am sure that until the end of the year the market will definitely rise again
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March 21, 2019, 04:46:23 PM
 #52

What do you mean by normal state? Bitcoin is very unstable so I don't understand what normal state is.
How can you call current state of the market unstable? It was never more stable then today.
For some time I was thinking that this is actually very good, lots of positive aspects of such stagnation.
As to topic in question, why not both? Trends that fallow the wave patterns, sort of like wave–particle duality in physics.

Maybe today the supply is not that good, but either way we are expecting a big increase in 2020 specially when bitcoin halving occurs.
You meant that the demand is not so great, the worst supply gets the more scarce something becomes and as a result more expensive. Obviously under one condition, that there is demand for it. 

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March 21, 2019, 05:54:48 PM
 #53

from 19000 dollars to 4000 dollars btc crossed more than a big wave of a downfall but now the market is recovering soon we may expect the prices to get the pump with all the news awaited to enter the crypto market
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March 21, 2019, 06:26:49 PM
 #54

from 19000 dollars to 4000 dollars btc crossed more than a big wave of a downfall but now the market is recovering soon we may expect the prices to get the pump with all the news awaited to enter the crypto market
each user of cryptocurrency can assume something at their discretion or desire, but you need to really look at the situation and really evaluate all the chances of the cryptocurrency market. In my opinion, now there is no need to give any impulse, because there are no prerequisites for this. First of all, it is necessary to take into account the fact that, compared with 2017, the capitalization of the cryptocurrency market has declined very much and in order to expect a recovery, we need very large investments in cryptocurrency.
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March 25, 2019, 05:58:39 AM
 #55

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.

Add in the duration . you cant call trend a trend without a duration but  i dont agree when you disagree that what we experience right now is not a trend  .  for me this can be considered a trend (  bullish trend to be exact )  because the value succesfully reach 4k usd and it did stay on that level for a longer time  . the temporary positive correction that you are talking about is already over  . the correction was last time when the value drop and stayed at 3k usd  .
When it reach it's peak, it is trend. I agree with some people in here. Because it is not pumped and dumped in a short time. We have time when it get stable and keep increased and not only like pump and dump scheme.
This is right because if we accept it as pump dump game, it wouldn’t be beneficial for us and for bitcoin as well. We need to promote good picture of this marvelous coin.

For the long time, bitcoin is down but it really doesn’t mean this is useless. Or when it will pump so people start thinking it wouldn’t get stable and get down again. Bitcoin has some schemas and mechanisms related to supply and demand in market, and it behaves accordingly.
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March 25, 2019, 07:34:24 AM
 #56

for this year there seems to be a pretty good wave for the market, because from now on the market has started to have a good increase even though it is still slow but I am sure that until the end of the year the market will definitely rise again
Good wave starting from these days as increasing market is approaching. The increase on price is noticeable compared to its price month's before and is recommendable for investors to go ride the low wave right now as it is expected to be big before the year ends.

R


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eaLiTy
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March 25, 2019, 06:09:27 PM
 #57

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?
You can call it a wave or what ever you like, just take a look at all the markets that deal with finance and i am sure you will not see any market that is booming all the time in the upward direction, every market will have a cool off period after every rally and it will continue like that in the future too, so never expect any market to up all the time. Wink
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March 26, 2019, 02:10:40 AM
 #58

for this year there seems to be a pretty good wave for the market, because from now on the market has started to have a good increase even though it is still slow but I am sure that until the end of the year the market will definitely rise again
Good wave starting from these days as increasing market is approaching. The increase on price is noticeable compared to its price month's before and is recommendable for investors to go ride the low wave right now as it is expected to be big before the year ends.

Trends and waves are pretty similar when we use it in the market though. A trend changes like the ups and downs of waves meaning that anything that's happening now canake a sudden chamge of direction without any reason. Imagjne the steady trend btc had for november last year. We all thought the next movement will be up but we plunged roughly another 50 percent.


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March 28, 2019, 08:17:47 PM
 #59

for this year there seems to be a pretty good wave for the market, because from now on the market has started to have a good increase even though it is still slow but I am sure that until the end of the year the market will definitely rise again
Good wave starting from these days as increasing market is approaching. The increase on price is noticeable compared to its price month's before and is recommendable for investors to go ride the low wave right now as it is expected to be big before the year ends.
Call it anything but the market is on the rise. Bitcoin and ETH have been bit stable and rising slowly so set up your own trend of making use of the opportunities in the market. If you do not do that, you miss out the opportunity to make money. This is common sense. I think call it wave or the initial phase of recovery but if you do not make use of the opportunities now, it is of no use doing analysis about the market.

All the trend should have started as a wave and only over the course of time, it will develop and grow as an easily identifiable trend. So, the current market situation will not be an exception and we are in sideways markets which is always known for not giving out any right signal but will confuse even the experienced and professional traders.

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March 28, 2019, 09:39:04 PM
 #60

At the moment I believe that the bearish trend has ended or we are almost starting a bullish trend thought which may take a little time period from now till the market move higher above $5000. In summary, the current market situation should be referred to as a trend and not wave or something else as you rightly mentioned above.
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