Bitcoin Price Bounces Back Above $8200, Are Bulls Finally Here?

[Pepz79]

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

[qiwoman2]

I think BITCOIN will still have some ground to cover as it consolidates but I see it may be going down a little while more before it starts a nice and steady uptrend. I don't see Bitcoin going too high though before the middle of 2020 for some reason and am banking on this delay so I can manage hopefully to make at least half or one Bitcoin by then. I hope all of us can make something before the next rise, I don't want to miss the next bull run but I am not doing as well this year as I was doing back in 2016/2017. Now the wells are dry for us little fish.   I wonder who will be the big market movers in the next round, will it be retail or institutional investors? Last time everyone and anyone came into to FOMO hard.

[btcwish1]

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market 

[samcrypto]

We can’t say the bull is back if the price pump for only $400 because it can still drop just like its current price today and maybe we are heading back to a strong bear market since it drops again and bitcoin can’t hold the bull longer than expected. We can say that the bull is here if we are able to hit $10k and above, so let’s wait for that.

[Chrystora123]

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market  

@OP seems like you lack an update, the article was written on 21/10/2019 meaning it was written 3 days ago. Right now the price of Bitcoin based on what I saw on CMC is at $ 7439.  if we discuss Bullish markets, it looks like Bullish will not happen anytime soon!!

[Pearls Before Swine]

BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market 

And as *I* write this, bitcoin is at $7433.  I was going to write exactly what you wrote.  I'm not certain what kind of psychotropic compound op is smoking, but the bulls have left the building and are out drinking at a bar somewhere.  All that's left are the bears, and they are looking mean.

Worry not.  When those bulls recover from their collective hangover they will oust the bears from the premises and take control of the situation.  The bottom has arrived and I am hoping there are brighter days ahead.  I do hope the bartender shuts them down at the appropriate hour.

[bobdk]

BTC is $7500 as I write. BULLS??  I am seeing Bears are back in the market 

And as *I* write this, bitcoin is at $7433.  I was going to write exactly what you wrote.  I'm not certain what kind of psychotropic compound op is smoking, but the bulls have left the building and are out drinking at a bar somewhere.  All that's left are the bears, and they are looking mean.

Worry not.  When those bulls recover from their collective hangover they will oust the bears from the premises and take control of the situation.  The bottom has arrived and I am hoping there are brighter days ahead.  I do hope the bartender shuts them down at the appropriate hour.

Some posts don't age well, but this one fared tragically within the space of just a few hours.

Accomplishment unlocked: Tragic post.

[boltz]

Same questions every day ...at least make your own technical analyze instead of simply publishing an article, it would be much viewed and discuss. Bitcoin will go nowhere this month and that is a fact , it will simply bounce between this range and maybe even take a deeper dive under 7.5k$. Even if the bulls are presents they are accumulate in quiet , the thing we all should do.

[Hypnosis00]

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

It is not a surprise to see that the price of bitcoin riding like a roller coaster. But badly the market turns down below $8k which I think that you're wrong thinking of bullish. Being optimistic it sometimes causes failure by then, not actually we all just be positive but also we need to realize how the market really changes. It wasn't the same as what happens before where we can see huge pump during the BER season.

[DatKing]

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

It seems now that bulls are still not here. On the contrary, bear market is back again, I am afraid. Bitcoin price has declined harshly to 7500 dollars from 8200 dollars. I hope the price gather itself as soon as possible.

[Zeke_23]

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

It seems now that bulls are still not here. On the contrary, bear market is back again, I am afraid. Bitcoin price has declined harshly to 7500 dollars from 8200 dollars. I hope the price gather itself as soon as possible.

Were still in bear market, small pumps like that can't be considered as the start of bull run. Its just a normal pump since cryptocurrency is volatile.
As we can see the current market roday, crypto prices drop its price again, and anytime its price can increase a little again and it is a normal flow of the market, were still far away from bullish market.

[blckhawk]

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/

Too much volatility which makes bitcoin high risk, yet high reward. As of now, it dips right below to $7,500. I don't know if my computation is wrong or you're late in your post. The dip happened somewhat around 1100 UTC. It's still a bear run to me, but we can't really say. Whales could have sold off which drove the prices down. Good thing is as of now, it remains sideways and we can't really say when is the next bull run. Still, it's not enough to panic and we shouldn't be, bitcoin won't go away.

[TravelMug]

Lol, the OP seems to jinx the price at it plummeted way below $7400 now.

So to much for the so called bounce, we are definitely in the bear market, well if did a break out run to $8500 then I would say that bulls has taken control. But the selling pressure was there, and so the price goes down hard in the last 48 hours, un-expected? The September flash crash was the main reason bears was able to take get the market back from the bulls. So just prepare for the worst, ($6k-$7k).

[yulionoo]

We can’t say the bull is back if the price pump for only $400 because it can still drop just like its current price today and maybe we are heading back to a strong bear market since it drops again and bitcoin can’t hold the bull longer than expected. We can say that the bull is here if we are able to hit $10k and above, so let’s wait for that.

I agree with you too early if now we say bitcoin is bullish. because the value of bitcoin is still fluctuating. when the OP said the bitcoin bull fell again to $ 7500. and maybe it can go down again to $ 7k. I would say bitcoin bull when the value is above $ 10k. and maybe it will happen early next year. this is my prediction. and everyone is optimistic about 2020 on bitcoin halving day. hopefully 2020 bitcoin to the moon.

[hello_good_sir]

Well that was short-lived wasn't it. Woke up to the bitcoin price below 7,500 USD and looking like it's being unable to break a lot of the walls that keep it from hitting the 7,500 mark again.

This market is very hard to predict, it just looks like it's been flucating randomally from 7,000 to 9,000 a day and there isn't a lot of reasoning. Possibly it just needs a new year and a reset for the coin, it's been so stable the last couple of weeks.

Don't think we'll reach 8k before end of the year and we'll float around 7-8k for the remaining 2 months.

[Wintersoldier]

Lol, the OP seems to jinx the price at it plummeted way below $7400 now.

So to much for the so called bounce, we are definitely in the bear market, well if did a break out run to $8500 then I would say that bulls has taken control. But the selling pressure was there, and so the price goes down hard in the last 48 hours, un-expected? The September flash crash was the main reason bears was able to take get the market back from the bulls. So just prepare for the worst, ($6k-$7k).

Based from my percent of the the market analysis with fundamental analysis, we, the users and those investors are preparing for the entry point of bitcoin investment since we have some ideas in our mind that most peice hikes occurs when holiday season is there. In this case, whenever bitcoin's market price decreases furthwr, it is the time to buy and accumulate huge amount of it. Though bitcoin halving will occur in 2020,  cryptocurrency market is so volatile that in a short span of time, bull can happen.

[gnormes]

Just Don't buy the dips.   

[CryptoBry]

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.

Unfortunately, the powerful bears are back with some vengeance. Now, Bitcoin is currently standing at $7,491.91 per CoinMarketCap, and there are more chances that it can go down further, with pessimistic people thinking that it can soon lower itself to around $6,000 level. Individually, there is nothing we can do much to stimulate more buy actions for Bitcoin. I am just watching with some despair because I don't have more funds I can sink in with Bitcoin as this is a good time to add more. Should we expect more dips or has Bitcoin has already bottomed out? Let's see in the next few days.

[Inkdatar]

The current price ranging $7400 and at this stage, we cannot judge the market condition if finally in bull run status. In my view, the price might go deeper below 7k but this is not accurate and possibly price might be pull back upwards. For some, this is a great chance of buying to accumulate more btc, nonetheless, let’s catch a glimpse about this market condition if what price it will surpass this coming days or months.

[angrybirdy]

We are still far before the bull run will come.
The current situation of the market is not really good, and the bitcoin price might dump lower than we anticipated. The bull run will not happen over a small pump, and it will take more time because of the sudden dump that happen in the market right now.