"RIP bear market"

[arpon11]

For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018). I am an investor and a trader and I see bitcoin going up from now till 2021. If you doubt me see when I predicted the current bullish trend and said the bearish trend is over https://bitcointalk.org/index.php?topic=5126004.msg50368970#msg50368970
 Remember that if you did not know how this market work? This is not an advice to invest but for those that are an experienced traders,  I think we should buy early before the institutional investors jump in!  Happy bull market to all of us!

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[Jating]

I would tend to agree that we are already in the bullish zone.

But I would like to say that when members here bullish trend, they immediately think of the massive bull run that we have seen at the end of 2017.

Gentle reminder that we are still a far cry from that kind of build up, we are just in the beginning of a bull run so don't expect the price to jump to 5 digits and then new all time highs at the end of the year.

[harizen]

For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "reat in peace bear market "(December 2017--December 2018).

I respect your prediction as anyone are free to do that.

But saying there is no any reason why bearish trend should not be commenced again is out of the context. "I also want to say the same thing" but it will create an expectation especially for those who doesn't know what to do. Better exposed them with associated risks rather than be comfortable with the thoughts that no bear movement will happen again. Don't also think that others doubted you since we are just sharing our thoughts. If your prediction happened then so be it. Don't carry your own chair for that. I also like that prediction to happen.

We are on the same boat about expecting a bull run.
We are on the same boat that expecting bear market should now end.
We are on the same boat of being an optimistic.

Just take advantage of what's happening right now without closing the doors to other things around that might happen. Goodluck anyone.

[buwaytress]

Not that I doubt you buddy, I just doubt the signs. I'm all for a recovery but I'm actually way more keen to see the market just stabilise longer, and way more keen to do a proper purge of the hypesters (they're still shilling far too much for my liking) and way more keen to see people really start picking up Bitcoin for use.

I'm curious to as to why you don't think there's any reason for the bearish trend to continue. Even the bulls can see reasons for why. No one is saying 100% among those unafraid to spew predictions.

[Harlot]

For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018)

So even a failure to push in above a key resistance won't make us continue to go down at all? This is what is wrong everytime Bitcoin is going up they all think positive rather than think at all, they always remove the fact that Bitcoin isn't fixed to one direction. Their mindset is blinded by the current price movement rather than think all the possibilities that could happen, the end result is them holding up a cryptocurrency with paper loss rather than being satisfied to even take any kind of profit at all.

[dothebeats]

Signs seem to be weak this time though I'd like to believe that this indeed is the movement that we have all been waiting for. Current testing to $5500 and beyond was somewhat fruitful and we managed to hold footing on the high $5400s which is, in itself, is also great considering how much was dumped earlier this day to prevent the bulls from crossing a vital resistance point. The next few weeks will prove important for bitcoin since over time, movements like these will lose steam and allow bears to take over once more, and I hope that's not the case.

[livingfree]

I'm with you as well to see this bear market end as soon as possible. But same sentiment with buwaytress that I doubt the signs as well. Together, we all want to see this bear to be stomped by the bull soon but still it is existing and we can't say immediately that it's totally out of the market. At least I can say that this is an extension for accumulation period and anyone who haven't ride the boat, start picking up your own bitcoin under your stash.

[magneto]

This is not an advice to invest but for those that are an experienced traders,  I think we should buy early before the institutional investors jump in!  Happy bull market to all of us!

I think most institutions have already established their positions some time through the bottom of the bear market, if they have taken out any.

That's when the smart money goes, in the middle of the bear market. Because of how bearish the market sentiment was at the time that kept prices so low for accumulation, the smart money would have certainly recognised that.

Personally, I do think that this is still somewhat of an accumulation zone for investors. Doing dollar cost averaging right now when prices are still under $6-7k could prove to be extremely profitable in the future when the bull market emerges (which I don't think is the case yet, despite the recent rises).

[Gaff]

I would tend to agree that we are already in the bullish zone.

But I would like to say that when members here bullish trend, they immediately think of the massive bull run that we have seen at the end of 2017.

Gentle reminder that we are still a far cry from that kind of build up, we are just in the beginning of a bull run so don't expect the price to jump to 5 digits and then new all time highs at the end of the year.

Good to hear mate, and hopefully this would be really heading upward even if there's some slight negative speculative thoughts. Anyways it doesn't matter to me now, but I don't exactly knew how other people view it in their own perspectives. I do agree and I felt that bull run will soon commence any months it could this year. The exact month was unpredictable, we'll just have to wait until further notice.

[exstasie]

For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018).

....And 2 hours later, the price dumps $500. Classic!

I was hoping to hit some asks on another wick higher but it looks like the correction back to January/February price levels is already under way. Unless we quickly shoot back up and close the day above the 20-day MA, that is.

[STT]

The bear is not dead its hibernating and will return, why because nature turns in seasons and the bears will be back again as they are every year.    Its just the case of how strong is Bitcoin to fight the next round and win vs the bears or not.  
Dont doubt there will be a fight for direction, that would be like wearing blinkers and ignoring a certainty.    Theres always sellers out there, its just a case of when and in what numbers.


If nothing else, making this declaration now is far too early.   You can see it clearly in the numbers, the widest standard measure acknowledged by just anyone in basic terms in the 200 day moving average.   If we examine this just briefly, it is negative every day still declining still handling the last price fall and its a relevant context for the underlying mood to Bitcoin beyond just this springs growth in price.   With spring, comes the bear again ready to fight and I think its more realistic to accept this

[Duzter]

For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018).

....And 2 hours later, the price dumps $500. Classic!

I was hoping to hit some asks on another wick higher but it looks like the correction back to January/February price levels is already under way. Unless we quickly shoot back up and close the day above the 20-day MA, that is.

Yes, it needs to shoot up to keep up the 20 day MA which is the much expected one to confirm the bull market of the year. Till date I never find these market moves to get turned to be a perfect bull market. Hope the market reaches the $5500+ soon same as that took place after the drop from $4200+ to $3800 when everyone was predicting to reach $4500+

[olohifie]

For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018). I am an investor and a trader and I see bitcoin going up from now till 2021. If you doubt me see when I predicted the current bullish trend and said the bearish trend is over https://bitcointalk.org/index.php?topic=5126004.msg50368970#msg50368970
 Remember that if you did not know how this market work? This is not an advice to invest but for those that are an experienced traders,  I think we should buy early before the institutional investors jump in!  Happy bull market to all of us!

Well, nice predictions. Perhaps your predictions in time past have fallen in but I'm just gonna say that everyone should trade with open mind. Any/everything is actually possible even though we ernestly hope for the bull

[jazmuzika217]

All of us are waiting for the bull market we all witnesess the dominance of bitcoin in december 2017 bull run we analysis the price flow of bitcoin and Yes I agree to you that bearish are gone now we already in new chapter of bitcoin price the 2020 halving will be a big impact for bitcoin price.

[Yakamoto]

I'm with you as well to see this bear market end as soon as possible. But same sentiment with buwaytress that I doubt the signs as well. Together, we all want to see this bear to be stomped by the bull soon but still it is existing and we can't say immediately that it's totally out of the market. At least I can say that this is an extension for accumulation period and anyone who haven't ride the boat, start picking up your own bitcoin under your stash.

Bull markets are always more fun than bear markets for the average person unless you have the ability to get short positions or something along those lines. I can't say that I'm unhappy with the current bull trend, I just hope that it retains most of its steam for the next few weeks. Maybe I should go through all the wallets I still have stashed away so that I can figure out whether it's worth topping up my balance while it's cheap. I don't think we'll see another run to 10x the price, but I won't complain if we do.

[Kemarit]

For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018).

....And 2 hours later, the price dumps $500. Classic!

And just like that the price falls to $5100 levels right now. I think there is some panic selling right now. I read that NY Attorney General sues Bitfinex and Tether to unearth “fraud being carried out” by the firms. So we are sort in the panic mode right now, the question is, can the bulls still maintained their position or would suddenly bailed out as well? So it's going to be interesting, I'm seeing a strong support at $4950 but who knows.We have been slowly gaining the last two months so this could be the first week that we are going to end this week in red.

[Capt00]

I'm with you as well to see this bear market end as soon as possible. But same sentiment with buwaytress that I doubt the signs as well. Together, we all want to see this bear to be stomped by the bull soon but still it is existing and we can't say immediately that it's totally out of the market. At least I can say that this is an extension for accumulation period and anyone who haven't ride the boat, start picking up your own bitcoin under your stash.

Bull markets are always more fun than bear markets for the average person unless you have the ability to get short positions or something along those lines. I can't say that I'm unhappy with the current bull trend, I just hope that it retains most of its steam for the next few weeks. Maybe I should go through all the wallets I still have stashed away so that I can figure out whether it's worth topping up my balance while it's cheap. I don't think we'll see another run to 10x the price, but I won't complain if we do.

But unfortunately, the price quickly dragging now in just an hour. It seems like we are waiting again to become skyrocket and having market resistance. It would be profitable if right at this moment we purchase and bag more bitcoin as much as we can and fulfill our wallet. However, the majority of holders now only wanted the price goes up and I think on this small correction will begin to ignite and having skyrocket one of these days.

[Japinat]

But unfortunately, the price quickly dragging now in just an hour.

It happened and I was surprise with that, but good things are really in the market as even if it will dump, the bull are still here to save us.
Bitcoin price recovered quickly, as quick as it was dump.

Based on Binance,  BTC/USDT trading pairs, the low was $5102, but not it's trading again at $5348,

you can look at the graph here, there's a big action today, https://www.binance.com/en/trade/BTC_USDT

[pooya87]

bearish trend has been over for months now, it is just that because we had more than a year of drops (the bear market) now people are having a hard time accepting its end just like many had a hard time accepting the end of the bull market by the end of 2017 and was still expecting continued rise.
and now we are right in between. this is not a bear market anymore but it still is not a bull market either. we are switching trends and that takes time. for now we will see small rises like this that take a long time and then slowly everyone accepts the change and stops expecting drops that will never happen so the rises can speed up like before.

[shesheboy]

Bull markets are always more fun than bear markets for the average person

thats not true meyt . im an average person but i feel more happy seeing the price increase than seeing the price going down . average person are the kind of people that are not wealthy  . these are the people that are not classified as investor . they are only working hard online to earn a crypto and they'v always pray that the price will rise more often so that they can earn more income  .

Re: "RIP bear market"

bear market did happen earlier  . we cant say that its dead just because the price recovered quickly  . bears are there and can occur at all times  ,