Is the bearish road over?

[jrrsparkles]

It seems to be over by watching the recent price trend of the crypto currency market,now prices are moving to the next range of $4000+ so lot of new people will enter the market if they see this is kind of bull run so people who are willing to make profits then this is the right time.

[Idrisu]

The bearish trend is almost over and the bull run will commence very soon.  If you look at the market behavior you will find out that the current channel has lasted for sometimes and I believe that things are going to change direction soonest.

[onrise]

The bearish trend is almost over and the bull run will commence very soon.  If you look at the market behavior you will find out that the current channel has lasted for sometimes and I believe that things are going to change direction soonest.

Seems near to the end of the bearish road and bull run is near by so people who is looking to invest should start investing now rather than it becomes too late and people see price jumping quickly by couple of thousands dollar and become costly for the people to buy it.

[LeGaulois]

ok, I am finally saying this week has not been bad for Bitcoin, it raised up by $100 which isn't bad itself. Doing this during a full month could make it at $4,500 by the end of April. I will be ok with this situation and I would too consider the "bearish road over" but I know there is still the risk to see Bitcoin going below the $3,700 line.

[maks-ivanov89]

I think it is too early to talk about the long-awaited growth, we are still waiting for the fall.

[Duzter]

ok, I am finally saying this week has not been bad for Bitcoin, it raised up by $100 which isn't bad itself. Doing this during a full month could make it at $4,500 by the end of April. I will be ok with this situation and I would too consider the "bearish road over" but I know there is still the risk to see Bitcoin going below the $3,700 line.

As mentioned similar form of growth needs to continue, and by the time we can easily cross the $4500-$5000 by the end of the month April for sure. Even when such a growth is predicted there is also a fall back which could go as low as $3500. With this into consideration it is good to have a perfect plan for the further move.

[livingfree]

Most of us here still do believe that fortune will bring us the bull back and no matter what will happen those who can stand this situations and survive will be able to see the next bull run, we don't have any exact date yet but time will come and reversal will happen and allow us to enjoy again this market, believe and make things better after, the bear will be replaced by the bull which will be more stronger after.

And I think that reversal is starting to happen a little by little, last time looking at the charts bitcoin is around $3,900 - $4,000 and now it's starting to breach $4,100 and going higher. If this will go continuously, the market is basically going up slowly but surely. We all know that this bear market will end and it won't stay for long and when that happens, the bulls will arrive and will make everyone encouraged once again. This how everyone looks on the market lately when we're starting to see some gains.

[PurpleDog]

It starts looking better and better, doesn't it? 

[Altero]

It starts looking better and better, doesn't it? 

Yeah, you're right and people getting crazy to see its price jump. Bitcoin surprise us and it seem to be a big regrets for those who sell their coins last week.
And have a huge chances that it will move gain surpassing $5k before the end of this month, it is already a few more steps.
Having this changes happens, will it have been proven again that bitcoin have capable to do different and nothing to doubt.

[Pamadar]

It starts looking better and better, doesn't it? 

Yes indeed, this surprise pumped really make things go wild around the market, if this trend can stay longer a lots of positive things
will happen, it will noticed by those who's still new to this business and possible to start investing their money, we are all hoping that
this long stay of bear needs to be replaced by the stronger bull.

[Adriano2010]

Not sure but is just a good sign that maybe is the end of price drop, and can stay at this range 4700-5000$ for some time, and after grow again later this month maybe to 7000$.

[Apes]

two days have passed. Bearish market seems to have begun to be leave it. based on the graph I am very optimistic that high btc demand makes market prices continue to increase. this is what market players really expect. I believe this is the beginning of BTC returns to the expected price.

[CoinChili]

From my perspective, bearish trend are still there. Just giving way to the bull since we are in the long bear situation from last year up to last week. Though bitcoin already hit $5,000, it will not easily break $5,200 resistance and will still wake up small bears. Let's see what really happen because that was only my speculations.

[Pursuer]

it is funny how most people have changed their stance right away specially those who were saying price should fall down hard and go below $3k not so long ago, not necessarily in this topic but this made me think of that as for the past 48 hours I have been seeing a lot of them not just change their stance but also start panic buying a little too although they are still doubtful and have other kinds of fear!

[PurpleDog]

I started the poll days back and option "It's going to stabilize on these levels for some time" already seems to have proven wrong.

[adzino]

From my perspective, bearish trend are still there. Just giving way to the bull since we are in the long bear situation from last year up to last week. Though bitcoin already hit $5,000, it will not easily break $5,200 resistance and will still wake up small bears. Let's see what really happen because that was only my speculations.

Just curious, what actually were your speculations based on? How come you tell that the bearish trend is still there? The price went up from around $3,800 USD to $5,150 USD within just few weeks. Well, now that's called a bullish trend, not a bearish trend. With the current trend, I hardly doubt the price is going to struggle breaking $5,200. But, lets see if the trend can actually last or not and how long will it take before we get set back to the old price.

[wheelz1200]

Who knows what the price is going to do short term.  Nobody saw this quick jump so a quick fall right back to mid 3s is not out of the picture., need a longer uptrend to confirm

[sandra_x]

Things seem to have stabilized for the time being but of course, a new drop is not out of the question. On the other hand, maybe the bad days are over and a new spring is about to begin.

What do you think?

I think we are finally in the bulls with bitcoin.The technical analysis have been signalling a possible bull since Feb,when the 50 week MA did its cross over the 100 week MA, Now we have a confirmation and are trading with an all time high in trade volume.The bullish movementum is still sustained at the moment

[thecodebear]

The bear market has clearly been over since December. That's when it recorded the lowest price of the bottom, it's been pretty clear for about a month now that bitcoin wasn't gonna go lower than that. And now the bottoming out process is over too as bitcoin just broke out of the 4.5 month bottom. Bull market has just begun.

[Vaskiy]

The bear market has clearly been over since December. That's when it recorded the lowest price of the bottom, it's been pretty clear for about a month now that bitcoin wasn't gonna go lower than that. And now the bottoming out process is over too as bitcoin just broke out of the 4.5 month bottom. Bull market has just begun.

Agreed, from that point it wasn't pure bullish but some form of growth continued to happen with bitcoin. There isn't much of growth with altcoins by that time. Further slowly the market grew along with the growth of altcoins. It is quite hard for the market to recover, and now the present market has made a change over majority of the altcoins as well. Hope this growth continues marking a new ath.