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Author Topic: Bull or Bear season for crypto?  (Read 869 times)
WatchMaker
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October 02, 2019, 01:55:12 PM
 #61

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 think we are now witnessing another the bear market because we are having more dumps and fewer pumps in the market. 
Though, we are expecting to see another huge market bull run in the fourth quarter - Q4 of this year 2019.

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October 02, 2019, 04:32:01 PM
 #62

Definitely a bear market. the market is going down, people are cashing out and altcoins are down to hell.
It's sad but true. We are going sideways hovering somewhere between $10k - $8k but if you zoom out BTC charts you can clearly see that overall BTC is going down.
honestly. i think we're in the bear market even bitcoin will continue fall till end of april 2020
Right now? It is obviously a bear season.
I think we are now witnessing another the bear market because we are having more dumps and fewer pumps in the market. 

No wonder Augmento's indicators say Bitcointalk sentiment is at rock bottom. I am loving these bearish attitudes you guys! People are usually extremely bearish when price is bottoming out, so this is a sign that the bottom is near.

The price action still looks bearish on lower time frames but between my EW count, the major fib/pivot supports below, and this bearish sentiment, I'm starting to get bullish. David is seeing bullish signals on the weekly time frame as well.

It's always darkest before the dawn. Wink

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October 02, 2019, 04:58:24 PM
 #63

Seems to me to be just a fluctuation.
A normal one.
Nothing to be scared about or even be excited.
Aint a bull or a bear. It is just how the market goes.
Same goes with bitcoin even up until now. Even with 1k USD down it looks like a normal one which did happen before.
Good thing is we could buy now and replenish some BTCs.

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October 02, 2019, 08:43:55 PM
 #64

Bearish for the moment but in my own opinion the market is still bullish, meaning that when bitcoin finally makes a sustained movement in either direction its going to be upward, and likely toward its all time high.  Think about it.  Bitcoin was well over $10,000 and only dipped *somewhat* to $8000.  That's because traders cashed in their profits, which is a smart thing to do for any of them.  It is not likely that bitcoin is going to crash further beyond $8000.  It could happen but I don't think it's likely.  Thus we're still in the bull 'season'.

I think we are now witnessing another the bear market because we are having more dumps and fewer pumps in the market. 
No we're not.  A bear market means that an investment has lost roughly 20% of its value over the course of a year.  Bitcoin lost that much within a matter of weeks, but its still up for the year.  Remember what the price was last year?

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October 02, 2019, 11:56:44 PM
 #65

Trend classifies in a continues movement in a span of time, like keep on increasing or declining. We can't say that the market now is bearish since not all altcoins remain bloody in a day or two same with being bullish. I myself considered atleast a week or months to identify the trend. It is for not to feel so worried everytime the prices drops.
If you are an active or daytime trader, looking the market trend is too stressful that's why it's better to look the price for a week or so to justify what would you do. But for some speculators/traders watching the market is essential because this is the only way they can follow the trend to make their TA.

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October 03, 2019, 05:32:53 AM
 #66

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?
In a long term perceptive using the monthly chart as a point of reference  the price of cryptos is bearish while on a short term its bullish i.e good for experienced day trader, hence the market is bearish now (short term ), however the price might have reached a support at $8100 thus indicating a possible bearish runs as we approached the last quarter of the year thus there is the tendency that the prices of cryptos will be bullish before the end of the year.

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October 03, 2019, 01:45:10 PM
 #67

We are looking like in a "in between" zone right now, we are not bear anymore because the drop happened and it is over now, we are not dropping any further, which means the bear is over because if we were in a bear season that would mean we would have to go down but we are not right now.

Bull is not even near us right now because it didn't went up anytime soon, last time it went up was probably over a month ago (I can't remember) so it is not in a bull season neither. We are just stuck right now, it went up from $3k to $13k and to $8k and now not moving, if it goes down then bear season didn't ended, if it goes down then bull season started, but until it makes any moves we can't call it anything right now, that is why I call it the "in between zone" because right now it is neither of the options.

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October 03, 2019, 06:24:01 PM
 #68

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?
In a long term perceptive using the monthly chart as a point of reference  the price of cryptos is bearish while on a short term its bullish i.e good for experienced day trader, hence the market is bearish now (short term ), however the price might have reached a support at $8100 thus indicating a possible bearish runs as we approached the last quarter of the year thus there is the tendency that the prices of cryptos will be bullish before the end of the year.
Not only monthly but we should make price chart observations on daily basses better not to announce any price for day traders with out any proper knowledge. For day traders it need to make your own analysis than to trust any other persons skills. I know after long run bearish now it has stated to become bullish but to see it completely bullish we will have to hold.
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October 04, 2019, 03:03:58 AM
 #69

I would not call it a bull nor the bear market. If Bitcoin goes back to 10K USD, that will be a bull market for me, and if it goes to under 7K USD that will be the bear market. Right now, Bitcoin stays in the middle. That's mean we don't know what gonna happen next. The price chart says Bitcoin's price will go up, but we know the price chart is not always.

Bitcoin is gonna hit 100K usd
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October 04, 2019, 06:29:51 AM
 #70

Obviously it is a bear market.
But there is something good in it. We could use it to buy more and then maybe sell later.
It is like the market is telling you to buy already. This could be a short one and the price will be seen up again in a short time.

Bear market somehow gives chances to those who want in at a cheaper price and this might be the cheapest of all after some time.
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October 04, 2019, 08:12:03 AM
 #71

I would not call it a bull nor the bear market. If Bitcoin goes back to 10K USD, that will be a bull market for me, and if it goes to under 7K USD that will be the bear market. Right now, Bitcoin stays in the middle. That's mean we don't know what gonna happen next. The price chart says Bitcoin's price will go up, but we know the price chart is not always.

The figure still low since we already came to that price few months ago and suddenly the price go back to 8k level so there's no bull happen but I think a correction with the prices, but if the price would cross to $15k mark then it's an indicator for us that we enter the bull season and provably it can trigger people to hold to earn more with the surge.

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October 04, 2019, 08:20:48 AM
 #72

I would not call it a bull nor the bear market. If Bitcoin goes back to 10K USD, that will be a bull market for me, and if it goes to under 7K USD that will be the bear market. Right now, Bitcoin stays in the middle. That's mean we don't know what gonna happen next. The price chart says Bitcoin's price will go up, but we know the price chart is not always.
That's the risk following those many predictions around, most of the time what being predicted won't happened but instead it will turned to the other side. Making your own observation and assessment will help you to decide to where to place your position. If you have good understanding and enough knowledge to make your assumptions it will be follow by patience and calmness to continue holding your assets.

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October 04, 2019, 09:09:41 AM
 #73

This has already been asked super recently, were still in bull until the market goes into a true downturn. This is just a part of the market cycle like the previous ones before it, on the initial run up to $10,000 there were plenty of 10%+ dips and swings. It's just the way crypto works.
But some says this is effect of BAKKT ,the opinion of people are divided about this issue ..

But for me just like your opinion?This is a cycle of market to prove how healthy it is and can be trusted since the prices are moving ups and downs

Also this favor those day traders because all thy need to do is speculate which coins will grow today or fall tomorrow

All and all?crypto community benefits from this

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October 04, 2019, 12:17:36 PM
 #74

We are still in bull market.Price at 8K is not bad.Most traders was expecting to hit 10K at the end of the year
But bitcoin went parabolic.It was to fast and to soon.Dominance from over 50% went to 75% .I think it was liquidity problem.Now BTC is more or less stable at 8K. It looks like accumulation time.Longer accumulation stronger rebound will be

 
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October 04, 2019, 02:11:27 PM
 #75

We are in the small bull run for the altcoin Grin

The altcoin price can show the power for a moment while the bitcoin price does not increase or decrease, but we will soon see the real bull run coming. But the bear market still appears at the market now and it still there waiting for the time to leave the market. When the bear market is leaving the market, we will see all altcoin will trying to compete to raise the price. We will see the highest price from every altcoin, and then bitcoin will increase so high.

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October 05, 2019, 08:27:10 PM
 #76

Right now? It is obviously a bear season. I am not entirely sure what constitutes a bear season tho. Like for example, if only whales sold bitcoin and price went down, is that whale too? Or does it have to be many people selling many bitcoins and the people thinking bitcoin is not good for business right now?

I feel like we should consider the % drop as well, 20% drop is not a bad one and could be considered a bear season but it didn't moved much ever since so it is not keep going down, is that bear season as well. We all know we are not in a bull season right now, that is at least guaranteed because we have gone down 20% in the past 10 days, which means we are not in bull but just because we are not in a bull season how can we say it is automatically bear season all of a sudden.

That is definitely one of the challenges, those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.
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October 08, 2019, 11:59:49 AM
 #77

those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.
All I know is that every coin have their own bear and bull season, it could get to a point where the season will coincide as a result of a factor that will give way for that, but naturally, all coins are independent of one another and if they are fully functioning very well, they should have a time where they will be favored and vice versa, according to how active they are in the market.

Bitcoin is already out of the bear market, and reason being that it is a very active coin, people use it a lot for payments and for investment, so the law of demand was able to act on them, but for other altcoins, I personally still don’t have much reason why I should use them when bitcoin is serving virtually all their purposes and I think this is what is affecting the market of most altcoins.

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October 09, 2019, 03:51:43 PM
 #78

those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.
All I know is that every coin have their own bear and bull season, it could get to a point where the season will coincide as a result of a factor that will give way for that, but naturally, all coins are independent of one another and if they are fully functioning very well, they should have a time where they will be favored and vice versa, according to how active they are in the market.

snip
While it is true that coins can move independently from each other the truth is that all coins are correlated and move in similar ways during the same periods of time, the exception to this is when there is a very high hype for a particular coin and this makes it to move up when the rest of the coins are static, another way in which this happens is if there is an extremely negative news about a coin and this moves the price down, but if you look at the charts you will see that most coins still move in a similar way.
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October 09, 2019, 09:21:20 PM
 #79

Near term we are bullish as price battles 200 day moving average.   I think we are clear for a run upto 10,000 but I believe we get profit taking at that point and the true measure of BTC strength then comes into play.



On a wider picture price today rose well but now have a double hurdle to pass with also previous volume in this area, both this year in spring and previous years going back to 2017.   If we can confirm above this point on a 4hr bar then I think progress is clear to stage a proper rally but overall for this season I have the determination to stay quite bearish.   Whereas from Feb onwards the correct stance was to recognize a series of rising low prices was bullish.

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October 11, 2019, 03:56:42 PM
 #80

those terms have different meanings to different people so while some people may think we are in a bear market like you others may believe we are in a bull market and this is a trap and there are other people like me that believe this is neither a bear or a bull market, the truth is that only time will tell us what is the current state of the market, but obviously at that point it will be too late to take any action that could benefit us.
All I know is that every coin have their own bear and bull season, it could get to a point where the season will coincide as a result of a factor that will give way for that, but naturally, all coins are independent of one another and if they are fully functioning very well, they should have a time where they will be favored and vice versa, according to how active they are in the market.

Bitcoin is already out of the bear market, and reason being that it is a very active coin, people use it a lot for payments and for investment, so the law of demand was able to act on them, but for other altcoins, I personally still don’t have much reason why I should use them when bitcoin is serving virtually all their purposes and I think this is what is affecting the market of most altcoins.

Exactly. This is crypto, unpredicted, we should just know how to go with the flow, meaning, we should study well on which coins we are investing/trading at.

Let's focus on few coins, let's make sure at least that we have knowledge about that coin, their strategy, what is the vision of their company, because most of the coins nowadays are just doing pump and dump strategy just to call the attention of investors/traders, let's be careful with them and study well.

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