Is the bear market over? Important Weekly close!

[redsun114]

Bitcoin has proven to repeat history twice and hence there are pretty good chances that it might repeat the history again.
Although according to current market conditions the bear market is over it would be nice if we wait for a few more months before jumping into conclusions.
Most of the bull runs have taken a big leap in price after the first half of the year has finished, we should probably wait until the same.
Once the next 1 or 2 months are over, we will get a clear picture of the market conditions and thus we can strategise the further investments.

Yes, it would be good to wait for some more interval before coming to any conclusion. The bull markets will surely come but before that we might expect a dip which might be a game changing for some of the big whales as they would fill their pockets there and then the price for bitcoins might have a blast.

Even now we can see that the price for bitcoins have came a bit lower so anything might happen in these coming months and we might again go through the bear markets before the bulls arrive. It is good that seeing a good dip, we invest into some coins and store then in a offline wallet and hold them for long term like 6 months and counting.

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[eagleman]

I'd like to think as well that the bear market is over.But so far, I don't want to be sure of it and stand with it. I'm just speculating the market and on how long this interesting increase would go. As much as possible, I don't want to be brought up by my own emotion and just silently following the market.

[prtty2gal2]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.



As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!

It's likely that history is about to repeat itself here, but don't get your hopes high cause this is just the second time and you're not sure if it's really going to happen that same way or it might just get to a certain and then things will change it wouldn't follow the same movement again. Bitcoin has been increasing a lot recently more than any other coin in the market and it also has a bigger market cap share, which is more than fifty percent. Before the end of this year the price is going to be way above what it is now, even if it doesn't go above the $20k of last year, it is still going to reach somewhat high price.

[sakokinak]

We would not need a professional to give us answer for this.  The bearish market is over and bitcoin has broken the strongest channels that has keep it low for some times.  Bitcoin is gaining more this day than the bad market that was happening last year.

I do hope that the bears have left the market. At least the fact that Bitcoin managed to reach 6 thousand is the best signal of it. I believe that BTC will go on growing and alts will follow it.

[H0USE]

We would not need a professional to give us answer for this.  The bearish market is over and bitcoin has broken the strongest channels that has keep it low for some times.  Bitcoin is gaining more this day than the bad market that was happening last year.

I do hope that the bears have left the market. At least the fact that Bitcoin managed to reach 6 thousand is the best signal of it. I believe that BTC will go on growing and alts will follow it.

i believe we are heading to the bear market very soon and it will be hard to rise back after many pumps to bring FUD to the market recently, it will soon has the greater dump in next few weeks i believe, these weeks are very important when deciding will the market start rising again or not.

[LUCKMCFLY]

Very little I know about the technical analysis, very few tools are actually the ones that I handle, but I am usually struck by the fact that two lines called EMA can determine a bullish phase, I understand that there is an indicator called RSI, which is one of the determinants to be able to enter into operations when they are made or have average percentages.

What I have never been able to verify is that those who analyze the market under technical analysis make live trading following their same analysis.

Would an initiative like that be good? For me it would be very useful, I think that at least that happens, world domination will be focused on technical analysis.

I have a question, how do you know that you will be in a bullish trend through the lines called EMA? These lines consider the plans of the Strong Hands and the emotions of the people who enter the market? According to Malkiel Burton, author of the book: A random walk by Wall Streeth, these lines and harmonic figures most times fail, because if we are in a phase of accumulation and we say that we are in a bullish trend, many investors will enter without considering that the market it can be against because the accumulation phase will always aim to eliminate the entire supply of the market.

[samcrypto]

We would not need a professional to give us answer for this.  The bearish market is over and bitcoin has broken the strongest channels that has keep it low for some times.  Bitcoin is gaining more this day than the bad market that was happening last year.

I do hope that the bears have left the market. At least the fact that Bitcoin managed to reach 6 thousand is the best signal of it. I believe that BTC will go on growing and alts will follow it.

i believe we are heading to the bear market very soon and it will be hard to rise back after many pumps to bring FUD to the market recently, it will soon has the greater dump in next few weeks i believe, these weeks are very important when deciding will the market start rising again or not.

$8k level is already a bull i believe, since its $5k up from the bottom and the bitcoin doesn't stop from reaching more. Bitcoin is the basis of a bull market, and its current trend says it all. If we are able to break the next wall on $8400 then we have to celebrate the come back of a bull market, $15k in the 3rd quarter are very possible. Let's keep on praying for this one, and hope that we can reach beyond the peak.

[Mpamaegbu]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.

Is the MA Simple or Exponential MA? I like to try it on other pairs too
Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.

[icet208]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.

Is the MA Simple or Exponential MA? I like to try it on other pairs too
Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.

You can see it on top left its MA (Simple moving average).
I wasan`t expecting such a big move from BTC, it really is parabolic at this point and I am affraid that we might see a big pullback.

[BuxCoin]

MA work well when there is good trend and its climbing with bitcoin price and divergence is increasing so its a good sign too for uptrend

[Mpamaegbu]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.

Is the MA Simple or Exponential MA? I like to try it on other pairs too
Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.

You can see it on top left its MA (Simple moving average).

No, it's not indicated top there. You only have MA which simply is a Moving Average. MA could be Simple, Exponential, or Smoothed. But I got your point. Thanks.

[icet208]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.

Is the MA Simple or Exponential MA? I like to try it on other pairs too
Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.

You can see it on top left its MA (Simple moving average).

No, it's not indicated top there. You only have MA which simply is a Moving Average. MA could be Simple, Exponential, or Smoothed. But I got your point. Thanks.

This is how TradingView are showing moving avarages.
In the img below: EMA - exponetial moving average
                           MA - simple moving average
                           SMMA - simple moving average smoothed

[calya]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.

Is the MA Simple or Exponential MA? I like to try it on other pairs too
Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.

You can see it on top left its MA (Simple moving average).

No, it's not indicated top there. You only have MA which simply is a Moving Average. MA could be Simple, Exponential, or Smoothed. But I got your point. Thanks.

This is how TradingView are showing moving avarages.
In the img below: EMA - exponetial moving average
                           MA - simple moving average
                           SMMA - simple moving average smoothed

overall we see bitcoin candle close above moving average.and if we see based on support and resistance concept its break key resistance on around $5900 and we see now price continue its movemen.,maybe we will see correction on around $8400

[spadormie]

I hope that the bear market is completely over. I can't believe on what is happening in cryptocurrency right now. Since the binance hack I thought that this could be the best time of accumulation.

Yes, it's over in my own speculation I'm also relying on the old graph price movement which is obvious they are both the same movement.

I hope that it is. Everybody is hoping for this. I hope that this is the time for bitcoin to go up.

[neonshium]

I hope that the bear market is completely over. I can't believe on what is happening in cryptocurrency right now. Since the binance hack I thought that this could be the best time of accumulation.

Yes, it's over in my own speculation I'm also relying on the old graph price movement which is obvious they are both the same movement.

I hope that it is. Everybody is hoping for this. I hope that this is the time for bitcoin to go up.

The current situation of Bitcoin indicates that the bear market is slowly shifting into bullish as we are noticing that the Bitcoin’s price is increasing day by day. On the search engines mainly Google holds the first place as most of the searches about the current prices take place on it. The Bitcoin price today appears on it was 8066 US dollars which is another rocket fire and most of the traders are in profit.

[Tervelatuk]

I hope that the bear market is completely over. I can't believe on what is happening in cryptocurrency right now. Since the binance hack I thought that this could be the best time of accumulation.

Yes, it's over in my own speculation I'm also relying on the old graph price movement which is obvious they are both the same movement.

I hope that it is. Everybody is hoping for this. I hope that this is the time for bitcoin to go up.

even binance hacking case could not make investors dumped their assets.i think this is be good sign for us that cryptocurrency investors be stronger than before while facing negative news .maybe its the time for us to accumulate cheap major coins.

[omonuyak]

I hope that the bear market is completely over. I can't believe on what is happening in cryptocurrency right now. Since the binance hack I thought that this could be the best time of accumulation.

Yes, it's over in my own speculation I'm also relying on the old graph price movement which is obvious they are both the same movement.

I hope that it is. Everybody is hoping for this. I hope that this is the time for bitcoin to go up.

even binance hacking case could not make investors dumped their assets.i think this is be good sign for us that cryptocurrency investors be stronger than before while facing negative news .maybe its the time for us to accumulate cheap major coins.

Buying cheap altcoins is one of the things I am thinking about now.  It looks like flipping may happen very soon and people are going to move coins from bitcoin to some of this new and good altcoins and that is going to influence those coins and tokens positively  .

[semobo]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.



As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!

Continuation if green candles make us to believe that we are in bull market and we fan find that tremd is going good and it doesn't look like a bull trap so we can trust and invest as soon as possible.

[diazepam666]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.



As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!

Continuation if green candles make us to believe that we are in bull market and we fan find that tremd is going good and it doesn't look like a bull trap so we can trust and invest as soon as possible.

I will one resistance idea. In my price speculation this how bitcoin price chart will operates in coming days.

If the bitcoin reaches the 8.4k resistance value then bitcoin will reach the 9.2k USD for sure in the marketplace. So wait for sometime check the price chart frequently. If there is growth over that 8.4k price with more green candles then surely you will make money.

[semobo]

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.



As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!

Continuation if green candles make us to believe that we are in bull market and we fan find that tremd is going good and it doesn't look like a bull trap so we can trust and invest as soon as possible.

I will one resistance idea. In my price speculation this how bitcoin price chart will operates in coming days.

If the bitcoin reaches the 8.4k resistance value then bitcoin will reach the 9.2k USD for sure in the marketplace. So wait for sometime check the price chart frequently. If there is growth over that 8.4k price with more green candles then surely you will make money.

Hopefully it will break the resistance soon and will move forward to reach $10000 soon.