Bull or Bear season for crypto?

[harizen]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

Why such a question is now being asked because of the recent drop? Where are we the whole year of 2018? Where are we the 1Q of this year?

Look at the past performance and we can fairly say that we already past that bloody bearish market.

And a quick note, not because there's a drop, it can be considered right away as a bearish market "as a whole"*. There's a given timeframe for that for us to conclude that we are now again at the bearish market.

[Twinkledoe]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

Why such a question is now being asked because of the recent drop? Where are we the whole year of 2018? Where are we the 1Q of this year?

Look at the past performance and we can fairly say that we already past that bloody bearish market.

And a quick note, not because there's a drop, it can be considered right away as a bearish market "as a whole"*. There's a given timeframe for that for us to conclude that we are now again at the bearish market.

Bear or bull period is actually very subjective. It depends on where you are basing your timeframes. So for instance, when the price drops this week, it might be considered bear period as compared to last month but would be considered bull if you are referring sept last year. So I don't think we can get good arguments in terms of bearish or bull market. It depends on what point you are referring to.

[BitcoinPanther]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

Why such a question is now being asked because of the recent drop? Where are we the whole year of 2018? Where are we the 1Q of this year?

Look at the past performance and we can fairly say that we already past that bloody bearish market.

And a quick note, not because there's a drop, it can be considered right away as a bearish market "as a whole"*. There's a given timeframe for that for us to conclude that we are now again at the bearish market.

Bear or bull period is actually very subjective. It depends on where you are basing your timeframes. So for instance, when the price drops this week, it might be considered bear period as compared to last month but would be considered bull if you are referring sept last year. So I don't think we can get good arguments in terms of bearish or bull market. It depends on what point you are referring to.

Well if we consider the time frame since the beginning of Bitcoin market then we can say we are still on a Bullish market, cutting it from Jan. 2019, we are still in a Bullish market but the factor that we should consider most is the market sentiment, that dictates whether Bitcoin is bullish or not.  Consider the recent (quarter) market time frame, we are still on the bullish market but it seems Bearish market is starting to take phase.

[mandor]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

the period of decline will is continuing because I read the news if Bitcoin will touch the price of $ 6000 or $ 7000, and I'm sure after the decline in the price of Bitcoin then Altcoin will rise. the condition market is currently still in red and we don't know how long that's it will hold. remember, before that you must be prepared to buy Bitcoin at current prices cheap because it is a good opportunity.

[ethereumhunter]

How if we can say that we are in the bull, but we are also in the bear? Because the market still on the highest price than before, but at the same time, we are at a low price than the last higher price. I think the price will be back to the higher price soon and related to this moment, and we need to control ourselves to wait for a while although the price seems to stay at the lower price, if you check on the market, the price still struggling to find a way to increase the rate. Maybe soon, we will see that bitcoin and altcoin will rise and meanwhile, right now, the altcoin is trying to get a new position in the market by increasing the price.

[Republikcoin.com]

the latest condition now in the cryptocurrency world is that we are in the bear market period. the price reduction from $ 10,000 to the price of $ 8,000 can be said to be a sizeable dump. in addition, it has a considerable effect on almost all altcoins. This makes the bear market happen. so far, I see that the decline continues, and the price of bitcoin is very easy to touch the $ 7000 range. I hope prices recover soon this year.

[Barbut]

the latest condition now in the cryptocurrency world is that we are in the bear market period. the price reduction from $ 10,000 to the price of $ 8,000 can be said to be a sizeable dump. in addition, it has a considerable effect on almost all altcoins. This makes the bear market happen. so far, I see that the decline continues, and the price of bitcoin is very easy to touch the $ 7000 range. I hope prices recover soon this year.

Yes, now we are in a bear market period, but we will not be here forever. Volatility nature is that we are going in from one period to another, and vice versa, it`s how some people make a profit, waiting for dips to buy and then selling on tops.
Nobody can say when will be the end of the bear market, to short now is a crazy decision, the price can stop falling and start rising in hours. I recommend holding your funds now, and if it drops more it will be a good buying opportunity. This drop can turn out to be temporary.

[Vaculin]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

We are not in the bull market for sure, therefore we are in a bear market, you are talking of the entire market here, we cannot call a bull market even if BTC is moving up because it has to be th overall market situation.

I think even if BTC will start to recover again in the last quarter, we are less likely gonna see an altcoins rally in the last quarter since BTC has to rise over $13K or make a new ATH to make is happen, that's my own analysis.

[Yamifoud]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

the period of decline will is continuing because I read the news if Bitcoin will touch the price of $ 6000 or $ 7000, and I'm sure after the decline in the price of Bitcoin then Altcoin will rise. the condition market is currently still in red and we don't know how long that's it will hold. remember, before that you must be prepared to buy Bitcoin at current prices cheap because it is a good opportunity.

Well, I'd never heard such news and even if it soon to drops down back to $6k, but I've never thought that it could still consider as in bear season. That is something we call market preparation for the possible bull run early next year as halving occurs.

But all the news that you've heard I'm still confident that the market won't go much lower as you heard. Still, we can't assure that it makes a huge dump or pump before we end this year. I hope, it is just a FUD's...

[coolcoinz]

We are not in the bull market for sure, therefore we are in a bear market, you are talking of the entire market here, we cannot call a bull market even if BTC is moving up because it has to be th overall market situation.

I think even if BTC will start to recover again in the last quarter, we are less likely gonna see an altcoins rally in the last quarter since BTC has to rise over $13K or make a new ATH to make is happen, that's my own analysis.

Who told you that BTC has to be constantly making higher highs to be in a bull market? If Bitcoin went to 12k and then corrected to 8 like it did in the last days followed by another pump to a new high it would be great and a clear indication that we are in a rally to a new all time high, but it doesn't have to do it to be out of the bear market. Bitcoin bear cycle ended when we went back above 5000 dollars and stayed there. As long as we keep bouncing between 10k and 5k we will still be out of the bear market. You have to look at the big picture. Days or weeks in a life of an asset don't indicate anything but a temporary mood.

[baltasarlicht]

Bearish sentiment across Twitter, Reddit & Bitcointalk has not been that high since Dec 2018 +  folks start calling the bottom:

https://i.imgur.com/9qZR4Ta.png

[Oceat]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

I would call it as a bear market since the price was starting to reduce to unexpected $7k range which is unusual as to someone predicted that it would stay $8k range. And my bullish price is the $10k range which is seemingly stable for a period of time.

Now would be the best time to buy since this is the dip that everyone was expecting to reinvest again after selling. Don't be too greedy to wait for another dip you might regret it if the price starts to boost beyond $10k.

[Hypnosis00]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

I would call it as a bear market since the price was starting to reduce to unexpected $7k range which is unusual as to someone predicted that it would stay $8k range. And my bullish price is the $10k range which is seemingly stable for a period of time.

Now would be the best time to buy since this is the dip that everyone was expecting to reinvest again after selling. Don't be too greedy to wait for another dip you might regret it if the price starts to boost beyond $10k.

We are expecting for the bullish season but it somewhat we had failed again just like what we expecting last year. It seems to be that we are going to drop down more and go back to $3k, I hope not. It surely gives disappointment for those who are expecting another $20k and quite much more for those who invested last 2017. 
What do we have to expect to happen next? Still unknown, holding is quite a big help now rather than to keep buying.

[ChrisPop]

If you look at the macro timeframes you could say that we've just printed a lower high which is not bullish at all, but personally I wouldn't get full on bearish until we don't break the $6200-$6500 zone. That is what my technical analysis skills tell me.

On the other hand my opinion is that we're just retracing for accumulation then the institutions will pour their money into the market and give a massive boost to Bitcoin. Keep in mind that I'm not a financial advisor so you shouldn't follow my advice.

[beerlover]

For now, it is on bear season for sure, I am guessing for another short term it will continue with bear run but at the end of the deal when it is over and price hits the bottom and can't move the middle term will be stagnant, it will go down first but then will stay there for a while without going any further down but not going up neither.

Then of course, the bull season starts after months of falling and months of staying still there will be days of going up. That is the problem with bitcoin, maybe it is the whales or manipulators who want it this way, for months it goes down, for months it stays same so people who want to make money can't get out but the ones who get out and will go back in at the right time waits patiently, then BAM! one day it goes up like crazy and in a week it is 4x price.

[J1mb0]

Bitcoin has had a sharp fall in the last two days and perhaps that will continue. It is difficult to predict the direction of the market at the moment, but I still hope for a good future for the cryptocurrency market.

[djsugar]

I am pretty much bullish after the rebound happened at $7.6k. Bitcoin rallied insanely from $4k to $13k which needed a correction. That correction never happened until now because of the bakkt performance which wasn't up to the mark. But the low hit wasn't below the $6.5k and hence, shows that the support is pretty intact and has volume. I am bullish in short term for the cryptocurrency market unless something big comes. The global market is going through the early sign of recession which is another reason that crypto could act as an alternate investment option. 

[Oceat]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

I would call it as a bear market since the price was starting to reduce to unexpected $7k range which is unusual as to someone predicted that it would stay $8k range. And my bullish price is the $10k range which is seemingly stable for a period of time.

Now would be the best time to buy since this is the dip that everyone was expecting to reinvest again after selling. Don't be too greedy to wait for another dip you might regret it if the price starts to boost beyond $10k.

We are expecting for the bullish season but it somewhat we had failed again just like what we expecting last year. It seems to be that we are going to drop down more and go back to $3k, I hope not. It surely gives disappointment for those who are expecting another $20k and quite much more for those who invested last 2017. 
What do we have to expect to happen next? Still unknown, holding is quite a big help now rather than to keep buying.

It seems that the Bitcoin price was starting to get stable at $8k(i hope not) but if this is where it want to stay, then we must have to start to HODL. Cause it will take a little while before Bitcoin gets back to the previous stable price at $10k, and again the unexpected event suddenly happen or I might be wrong, I just need a little more time to find it out if this is the stable price.

[exstasie]

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

The June top was a potential inflection point. The answer is not clear yet. How the current pattern unfolds will define whether the rally since December 2018 constituted a new bull market, or whether it was just a bull trap in a long term secular bear market.

My bet, based on historical metrics and the rally's impulsive behavior, is we're in a new bull market. If I'm wrong, I believe xxxx123abcxxxx is correct when he says:

A retracement to the Fibonacci 88.6% level is the first warning signal to suggest the bull market may be over.

A decline to the 06-FEB-2019 low confirms the bull market is over.

Meaning we could potentially decline to the $5,000s and still comfortably be a in a bull market.

[Deborah Christine]

Right now bitcoin is trading at a price range of 8,100 $. If we look at the bitcoin market at this time the bears are still in full control of cryptocurrency and without a big push from bulls.

It is indeed very difficult to predict whether the market will continue to be bearish or will turn to bullish. But I hope that next month the bull will fully control the bitcoin market.