BULL VS BEAR

[FlamingFingers]

October is almost over and it seems the prediction with the most votes might be right, I think it's high time we started looking at way at which bitcoin adoption will become more rampant,  because that is the one of the best way at which the price can move upward immensely  kinda fed up of checking the chat always

[Wysi]

October is almost over and it seems the prediction with the most votes might be right, I think it's high time we started looking at way at which bitcoin adoption will become more rampant,  because that is the one of the best way at which the price can move upward immensely  kinda fed up of checking the chat always

This time predictions are turning out to be true because we are at the end of October and I believe the right time for these sort of poll would be beginning of the month.  $8k has become a stable value for bitcoin from few weeks with a slight fluctuations of few hundred dollarss either way around.

[Wexnident]

Well, I sure do hope a bear right now. Although based on recent changes of the market, BTC is just moving sideways with a bit of up and downs here and there but nothing too heavy. Also, some of the statements you said doesn't necessarily affect the price much. Bitcoin is a bit eccentric at times when the market changes so you can't really predict it at times. If you do though, its most likely because of a recent huge event that pushed up the price like what people most expected with BAKKT launch. A lot of  us expected BTC price to hike up then and there but it was a disappointment to all of us sadly enough.

[DeathAngel]

The price is being artificially suppressed by those who have the power to do so. Don’t worry though, it’ll become too hard for them to continue to do so after the halving.

Patience is required.

[Kasabus]

Majority voted for $8,000, they are being in the safe side because that's the range of btc price this month.
We have to be more optimistic and remember that this market is a very unpredictable market so we could jump back again at $10,00 or over.
I just missed the deadline, I should have voted $10,000.

[ecnalubma]

Most of those who voted really know how to predict the market, Bitcoin is behaving like stablecoin this season and not going anywhere well its better than it will dip hard. But compare to last years price performance this year is more better not to set aside the different factors.

[Ferris419]

Though voting is closed and 8K USD has received most of the votes! But I think BTC will end up this month by hitting 7500-7000 USD! There are very strong rumors that the bear run is coming again in the crypto market and BTC price can hit 6-5K USD like the previous year. In November 2018, Bitcoin's price was dumped and went under 5K USD as I remembered! So, October can be a start for the 2019's bear run!

[beerlover]

I think the main 3 winners are definitely right, the price will definitely be somewhere between $7.5k and $9.5k, I don't see it going anywhere under or over those prices any time soon.

Even if a bull run happens and price goes above $10k for a while, it sure will fall under $10k once again and we all know it goes to $9.5k directly when it goes under $10k, it doesn't stop like at $9.8k or something, that has never happened in history of bitcoin, if it goes under $10k its going under $9.5k as well.

It means the price will %99 be anywhere between $7.5k and $9.5k when the month ends. Sure, that is a big difference and sure ending at $9.5k would mean a lot different things for the future than ending it with $7.5k but person who said $14k for example is dead wrong and we can see people agree thanks to this poll.

[Wawa2013]

Bitcoin Price Factors
News background and the forecasts of experts. The events that occur around Bitcoin, directly affect the cost of cryptocurrency. For example, hacking of exchange platforms and negative statements by experts in the cryptocurrency sphere lead to decline in the BTC price. On the other hand, positive developments contribute to the Bitcoin value rise. Recall at least the inclusion of Bitcoin Cash in the listing of Coinbase, after which the course BTC price soared up.

The BTC price is directly dependent on the decisions of the governments of large countries regarding the circulation and use of virtual money. The emergence of prohibitions, taxes or fines for miners has a negative impact on the exchange rate of Bitcoin. This is especially noticeable when it comes to large market players, such as China or the United States.

Negative news that does not support crypto from the government of a country does have an adverse effect on the continuity of the price of bitcoin, and this has happened with the US government which bans crypto, although crypto has nothing to do with the government but the impact will certainly have.
But certainly no one can predict the price of bitcoin accurately, sometimes the news also does not bring any impact on bitcoin

[Herbert2020]

I think the main 3 winners are definitely right, the price will definitely be somewhere between $7.5k and $9.5k, I don't see it going anywhere under or over those prices any time soon.

Even if a bull run happens and price goes above $10k for a while, it sure will fall under $10k once again and we all know it goes to $9.5k directly when it goes under $10k, it doesn't stop like at $9.8k or something, that has never happened in history of bitcoin, if it goes under $10k its going under $9.5k as well.

i agree that price will stay in this range for this month at least and i don't see it going anywhere below $8k ($7.9k tops) but i disagree with the second part. at this point if the price rise begins and reaches $9.1k+ then there is no stopping it and it will surpass $10k, $11k and continues going up and stops at a much higher price then comes down to still above $10k levels.
in other words the early 2019 will be repeated but instead of $4k shooting to $10k it will be $8k shooting to $15k.

[dimonstration]

Majority voted for $8,000, they are being in the safe side because that's the range of btc price this month.
We have to be more optimistic and remember that this market is a very unpredictable market so we could jump back again at $10,00 or over.
I just missed the deadline, I should have voted $10,000.

I'll go for $9k to $10k range, though only few days left before the month ends we can't really tell it's the price it can only achieved now, since the market is recovering a bit even it experience red in some days of this month it still able to be green after. It can still be push more to $9k, since no recent news can affect the price to pull down the price, the traders might be convinced to hold more BTC till the halving and buying it now for cheaper price can help for the price to achieve atleast more than $9k this month.

[samcrypto]

The price is being artificially suppressed by those who have the power to do so. Don’t worry though, it’ll become too hard for them to continue to do so after the halving.

Patience is required.

They can’t manipulate the market always because someone will change the trend and everyone will follow that either up or down. Bitcoin is good at bear and stronger during bull so take that patience in you and have a good decision to hold more. Panicking is no place for short term market, prepare for the future.

[michellee]

The price is being artificially suppressed by those who have the power to do so. Don’t worry though, it’ll become too hard for them to continue to do so after the halving.

Patience is required.

They can’t manipulate the market always because someone will change the trend and everyone will follow that either up or down. Bitcoin is good at bear and stronger during bull so take that patience in you and have a good decision to hold more. Panicking is no place for short term market, prepare for the future.

Only patience will keep us survive in this bear market. Bitcoin still stronger until now, and even the price is down many times below $8000, the price can back to $8000. But if you panic if the price is down, you will not see the opportunity that may come to you because when the price is down, that will a good time to buy more bitcoin. We can hope that we can control our emotions in the bear market because we want to make a big profit when the bull market comes.

[BitHodler]

We can hope that we can control our emotions in the bear market because we want to make a big profit when the bull market comes.

Controlling emotions is a difficult task and requires people to have a rational---unbiased state of mind, which you clearly don't have because you are deep enough invested to feel uncomfortable as the price drops lower and lower.

Maybe that you can look into how shorting works, because it provides some sort of an insurance policy in case the market turns against your hodl position. That way bear markets are easier to go through because it makes you money.

Obviously, don't use crazy leverage mutipliers but one that allows you to ride the market down without being worrying about being stopped out. I would say anything below 5x will help you accomplishing that.

[danherbias07]

You mean other coins are dependent to Bitcoin. Put a dot on that. It means there is no continuation.
Bitcoin had never been dependent to anything.
It is more like how much supporters will use it.
While on the other hand, other coins are expecting growth from how the bitcoin price moves.

One example is before, bitcoin up altcoins down and vice versa.
We dont see that anymore but that doesnt mean this other coins are independent. It just doesnt work like that anymore because of the stable coins that came in.

[the rise]

Inevitably, there is a battle between bull and bear , now control are for bear but people buying too
next week or after november , market will stable and dump will not affect like these days
And whenever halving time gets closer the bull will be in the foreground

Bitcoin history before halving is very strong bearish, and I think it's even worse than $ 6,500. If it refers to October alone, it will fluctuate at just $ 8,000. Next month will fall even worse to reshape the monthly pattern. Actually the market is also waiting for another good news sentiment to neutralize all of this in the opposite direction. otherwise there will be no frontal movement until the end of the year.

[sana54210]

I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.

There are not enough people who can spend millions of dollars and make bitcoin go back to $10k, those people are the whales and as long as whales or manipulators do not move the price up the regular folks do not have the coordination to get together and all buy at the same time. Look at how much bitcoin is bought everyday, if we could just stop quarter of it (all separate minutes, just make it look like its slowing down) then at a moments notice spend all that quarter of the buyers to buy at the same time then we would be around $10-$12k right now, but since they are spread throughout the day it doesn't happen.

[1Referee]

I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.

No one is manipulating the market. It's just the fact that the market has turned full bearish, which automatically translates into inherently bearish formations to have an even higher tendency of breaking down. 

There also isn't a central group that manipulates Bitcoin. If there was, that group would have a damn hard time steering the market into a direction that directly trades against the rest of the market. If we fall down like we have in the last couple of weeks, it's just an indication of lower demand. No point in blaming manipulators that aren't there.

What goes up hard must come down hard, which is something that Bitcoin is reminding people of almost every single year. Nothing new.

It reminds me of my gaming time where noobs called you a cheater if you beat them fair and square. Grow a thicker skin and get to understand this market better.

[AliMan]

Majority voted for $8,000, they are being in the safe side because that's the range of btc price this month.
We have to be more optimistic and remember that this market is a very unpredictable market so we could jump back again at $10,00 or over.
I just missed the deadline, I should have voted $10,000.

I'll go for $9k to $10k range, though only few days left before the month ends we can't really tell it's the price it can only achieved now, since the market is recovering a bit even it experience red in some days of this month it still able to be green after. It can still be push more to $9k, since no recent news can affect the price to pull down the price, the traders might be convinced to hold more BTC till the halving and buying it now for cheaper price can help for the price to achieve atleast more than $9k this month.

Let me add up an idea which also not certain by now but likely to occur one of these days and so on, $10.5k might be a potential one. That still depends non how the bitcoin market behaves, and as fluctuations remain so imminent we may experience a lot of struggles before hitting back again a progressive market. Bear and bull market will always remain so tight on their rivalry against competition.

[error08]

I think they manipulate the market when they have to, like when price went from $10k to $7.7k last month that was manipulation if you ask me, however after the price dropped to $7.7k then they didn't had to manipulate.

No one is manipulating the market. It's just the fact that the market has turned full bearish, which automatically translates into inherently bearish formations to have an even higher tendency of breaking down. 

There also isn't a central group that manipulates Bitcoin. If there was, that group would have a damn hard time steering the market into a direction that directly trades against the rest of the market. If we fall down like we have in the last couple of weeks, it's just an indication of lower demand. No point in blaming manipulators that aren't there.

What goes up hard must come down hard, which is something that Bitcoin is reminding people of almost every single year. Nothing new.

Bitcoin market manipulators do exist, they are responsible driven the market price by a pump and dump action on a Large scale. I've seen a whales spoke about it, he develops a trading app/analysis which used by other whales in many countries, when they decide to buy, millions of dollars inject to several exchanges thus the price suddenly spike and people captivated to buy, but at some point they will sell to get huge profits.
It would be easy to recognize, whenever the price spike up or drop in a short time within hours, it means whales do it.