BlackPanda
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April 26, 2019, 05:44:05 AM |
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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.
In fact, I think we are currently experiencing a fairly stable phase, the decline in prices that occurred during these 2 days cannot be used as a reference. it is evident from the increase in prices in the market. the point is that we cannot expect prices to continue to increase because in one time there will be a decline and vice versa.
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miningguru
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April 26, 2019, 06:17:03 AM |
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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.
In fact, I think we are currently experiencing a fairly stable phase, the decline in prices that occurred during these 2 days cannot be used as a reference. it is evident from the increase in prices in the market. the point is that we cannot expect prices to continue to increase because in one time there will be a decline and vice versa. You are right, now the prices of the altcoin are in completely decline situation from the past month which they have lost their value once the price of Bitcoin starts increasing. So we should wait for the altcoin to follow along with the Bitcoin and we should not consider it is end of the Bear market.
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erikalui
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April 26, 2019, 06:38:48 AM |
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The bear market trend still continues and I don't see any positive trends in the price. BTC drops by 2% almost everyday and ETH price along with it keeps showing a similar fall. As a trader, I don't feel like buying any coins right now and even on exchanges, there are more sell orders than buy ones.
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arpon11 (OP)
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April 26, 2019, 07:11:03 AM |
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The bear market trend still continues and I don't see any positive trends in the price. BTC drops by 2% almost everyday and ETH price along with it keeps showing a similar fall. As a trader, I don't feel like buying any coins right now and even on exchanges, there are more sell orders than buy ones.
I did not know how you arrived at you analysis on the current market conditions but it is open for all to see that since the beginning of this month bitcoin and others cryptocurrencies has been in the upward trend! Both the technical and fundamentals indicators are pointing towards bull trend and are you saying, that the grow that started in December 2018 from $3150 to now $5269 is not and end to a particular patterns? However, this is just a personal views and maybe you will educate us more on how you think bitcoin and ethereum keep losing 2% daily sir. Thank.
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crzy
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April 26, 2019, 08:00:03 AM |
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The bear market trend still continues and I don't see any positive trends in the price. BTC drops by 2% almost everyday and ETH price along with it keeps showing a similar fall. As a trader, I don't feel like buying any coins right now and even on exchanges, there are more sell orders than buy ones.
That can be consider a bear trend again because the price last month compare right now is very low and this April the bull has started though its not high but at least we did a great price this Month. Trader should know this as a small correction and not a bear trend again, buying at a cheaper price is the best option for a trader, try to look f or more coins.
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erikalui
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April 26, 2019, 08:09:46 AM |
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The bear market trend still continues and I don't see any positive trends in the price. BTC drops by 2% almost everyday and ETH price along with it keeps showing a similar fall. As a trader, I don't feel like buying any coins right now and even on exchanges, there are more sell orders than buy ones.
I did not know how you arrived at you analysis on the current market conditions but it is open for all to see that since the beginning of this month bitcoin and others cryptocurrencies has been in the upward trend! Both the technical and fundamentals indicators are pointing towards bull trend and are you saying, that the grow that started in December 2018 from $3150 to now $5269 is not and end to a particular patterns? However, this is just a personal views and maybe you will educate us more on how you think bitcoin and ethereum keep losing 2% daily sir. Thank. My views are based on this chart: https://coinmarketcap.com/currencies/bitcoin/#chartsAs I can see, the price in Nov 2018 was $6k and now it's $5k and it has been stable rather than being a bullish trend. The same trend was seen in 2014-2016 where we could see BTC rise from $200 to $300. From Dec 2017, the market has only gone down and even if we see a slight rise, it goes back to where it started from. Few days back people expected it to reach $6k but I don't see it happening anytime soon. I wouldn't buy or sell bitcoins when this market is not stable. Prefer holding for now.
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proTECH77
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April 26, 2019, 08:32:52 AM |
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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 ~~
Candidly speaking, the fact that the market is more stable; makes me to succumb to your prediction, as you have already stated in your post. Rather than see another Bull run now, we are experiencing a stable market price which will trigger a bull run in a know distance time from now. Bear market has already be made "Rest in Peace" as we await the bull-run. Am happy to see the market in good state. Have just kick your ass up buddy.
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Xenrise
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April 26, 2019, 08:58:25 AM |
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I am also as optimistic as you. This is what I guess also that in May or even before it, we might get the bullish trend we wanted. Although there were no sign of an uptrend yet but it will have, we just need to wait. I think we should buy early before the institutional investors jump in! Happy bull market to all of us!
I thought so too we should be buying bitcoin now or we'll be left out.
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livingfree
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April 26, 2019, 09:02:45 AM |
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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. See for yourself and check if its worth to top up but for me, it's always worth it to do the right thing like buying the dip. We are still in the bear market and there's an ongoing drama with bitfinex and tether issue. This made the market in bloodbath again or this scenario can also trigger to fuel a little bit higher comeback few weeks from now.
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talkbitcoin
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All I know is that I know nothing.
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April 26, 2019, 09:53:28 AM |
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it seems to me that the bitcoin market is filled with a lot of naive people which is why we keep seeing a lot of people who get stuck in a certain trend and think that should be the only trend till the end of time! the bear market is over and they should accept it. if you look at this board and many other social media you can see all of those who are still stuck in the long gone trend and are excited today because there is a tiny 5% correction thinking they were right to be stuck in that trend
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Indrawan77
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April 26, 2019, 12:54:41 PM |
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I think the market keep showing a good and positive trend, recently the trend show a down trend but I think still a normal correction, the bear supposed to be over but the support is still weak at the moment so the market could easily slip away, but most of the recent moving are showing a bull run
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Magkirap
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April 26, 2019, 04:58:30 PM |
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I am still hoping that the bear market is already gone so we can move on in the new chapter of market where we can now earn huge income. Bull market is one of wish in this year because this thing will help my portfolio to recover again because there are still red in my portfolio and I really experience huge losses in that bear market. So, I'm so happy right now because the price of bitcoin is keep on going upward and maybe in the next few quarter it will go to the moon or mars.
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zhekinsp
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April 26, 2019, 05:27:33 PM |
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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! There will be a slight doubt on this from the recent slight decline on the price of bitcoin and other cryptos.
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Supercrypt
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April 26, 2019, 05:31:41 PM |
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I believe we can call the bearish trend not going up as well, I know that is stagnant market and not bearish market and bearish market is when we go down and we haven't done that in months but its still bearish if everyone is thinking another drop will come, from 20 thousand dollars to 6 thousand dollars we went really fast and for months we stayed around that 6 thousand dollars levels and that wasn't bearish too, we were just there however one day we saw ourselves all go as low as 3200 dollars which means we really do not know if it would drop again or not.
Yeah, we were pretty sure that was the bottom and we tried couple of times to break the 4200 level however people started to doubt and there was topics about how bitcoin was destined to drop as low as 2000 dollars at one point. So, this "rip bear market" could be not only in price but also in peoples minds.
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Febo
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April 26, 2019, 07:01:52 PM |
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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! Dont worry it will be back in 2022. I need to find some hobby then to be occupied way more as I was last year.
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Pab
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April 26, 2019, 07:09:52 PM |
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Trend is bullish until price remain above 4200 but 4800 is much better First support is around 4900 $ But now with that Tether issue is very hard Many traders are escaping from Tether.Compere prices on finex and other exchnges I think some mad people are going for arbitrage
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stfN2128
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April 26, 2019, 07:33:27 PM |
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would be nice yeah, but i'm not sure if the bearmarket has really ended. fundamentals looking great there is no doubt. adoption is moving on day by day. btc is relativly stable on a "high" level. in the end only time will tell, just be prepared for any surprise of the market.
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SirLancelot
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April 26, 2019, 08:46:58 PM |
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Forget about the current dip we just say in the price of bitcoin, I am still sure that we are going to see a bull run in the price of crypto this year, though it might take a while for that to happen, my best guess is that the bull run will begin at the fourth quarter of the year when we all least expect it, so let's keep holding on to our coin and expect that we get the best from it.
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Slow death
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April 26, 2019, 09:27:44 PM |
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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).
There is no way that anyone in this world can forget the drop of $ 19,000 to $ 3100 in a few months, it was a real catastrophe and I hope that something like that will not happen again in the crypto world. That said, I am of the opinion that this time the increase should be gradual, with small increases. nothing of pump and dump I am an investor and a trader and I see bitcoin going up from now till 2021. as time passes more people will be informed about the halving and this will cause the old pump to go into action and the price will start to increase a lot
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Jating
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April 26, 2019, 09:58:23 PM |
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Trend is bullish until price remain above 4200 but 4800 is much better First support is around 4900 $ But now with that Tether issue is very hard Many traders are escaping from Tether.Compere prices on finex and other exchnges I think some mad people are going for arbitrage
Right, the support is around $4950. We haven't touch it though, seems the price is very strong above $5k, but if the news continue to influence investors, it can go as low as $4950. But I was thinking though that this whole Tether issues could be good for bitcoin though. I will assume that those holders will just go and shift their funds around in the next 2-3 days. So it means that we might remain bullish after all this Bitfinex and NY AG's drama.
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