Is bitcoin bearish or bullish

[btc_angela]

For me we are going to enter the bullish trend after the block halving. Anything prior event before. that would just pump the price in short term. I say block halving because past history tell us that, although it is not a gauge how the future hold, but the last two halving chart really show us that it is the only thing that will boost the price, just a matter of time or how long it will take us to new all time high after the halving.

[iv4n]

For me we are going to enter the bullish trend after the block halving. Anything prior event before. that would just pump the price in short term. I say block halving because past history tell us that, although it is not a gauge how the future hold, but the last two halving chart really show us that it is the only thing that will boost the price, just a matter of time or how long it will take us to new all time high after the halving.

I was here in 2016 halving, and I can say to you that price didn`t jump right after halving, only in 2017 we saw exponential growth. Check charts from halving in 2012, same situation, bitcoin price jumped the year later. There is that time glitch, like the market is taking time to settle and only then we see price rise. Maybe we will see the same scenario this time too. We will need to wait mid 2020 for halving, and later few more months before we see some bull run similar to one in 2017. It would be great for all of us.

[Wilhelm]

The tide is changing and we are turning bullish.

[Danslip]

The recent market statistics show strong buy signals if I go to check the price based technical indicators. By the way, the fundamental factors are not as bad as previous years and the chances are high for the Bitcoin to reach the $13k sooner. Traders are also careful with these current price levels, the price laid down between $11000 and $10000 price boundaries. It increases demand and as demand increases, the more people jump to the trend and the trend goes up with higher power. Bearish market conditions will not let the bulls to take advantage of the confused traders and the market will go between the before-mentioned price levels due to the current market situation.

[SquallLeonhart]

The tide is changing and we are turning bullish.

I do see bitcoin is having gradual global adoption hence it may remain in bullish at least in long term even if may face bearish situations in short term. I think in 10 years all the people will be capable of spending money via their cellphone, that technology is already in the world right now and you can read some QR code to pay someone and that is with fiat money, you login to your banks mobile app open up some QR code reader and shop owner opens up theirs and then you do it right away.

It is very quick and its better than the cards we have that we put in our pins, the pin is our bank account entrance anyway. That exists right now and in 10 years it will become mainstream and standard for payment, when that happens crypto companies will take advantage of it and will allow you to pay via bitcoin. 10 years is a lot of time and a whole lot of new things could come up until then.

[Bitcoinislife09]

In the last 24 hours bitcoin have gain some amount of increase in it price, as at this time bitcoin is sitting at $10,349 and slowly gaining momentum to reach $11,000. With this slow and staggering price movement do you think bitcoin will reach $100,000 in the next few years as predicted by some analysts.
What is you take on this and also follow the link below to see the views of other investors and they stand.
https://zycrypto.com/bitcoin-is-medium-term-bearish-and-wont-see-100000-in-the-next-few-years-analyst/

We still do not know if bitcoin will have great price in the future so basically the price of bitcoin will depend on us just like what we do right now the more people who know bitcoin the more chances that the price goes up or simply the price will pump up and will result for another ATH price. However, as of now it seems bitcoin will end up in the price of 12000$-15000$ in the of this year.