adroitful_one
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January 12, 2020, 02:03:59 AM |
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Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.
I think the bull run started last year. At the beginning of 2019 the price was $3200. You see what we ended the year at. Just because you don't see 100% a month doesn't mean we're in a bear market. The price has slowly been rising over the last year and I fully expect that to continue throughout 2020. I won't even begin to try and pinpoint a high, simply because I just don't know what it will be. However, I wouldn't say we are in a bear market either.
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Omega Weapon
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January 12, 2020, 02:38:01 AM |
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Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
Really difficult to know at this point, we finally got a close above 8000 which is significant and the price of bitcoin reacted immediately to it and it is still going up and it has reached 8300 however when I take a look at the charts it seem we have reached the limit of what the current movement can achieve during the next hours or even days, if this level can be maintained then the bulls may try to attack the 9000 level but if we fail at that the price could easily go back to 7500. I have the same feeling. Attacking at higher levels can result in a very large fall. Personally, I would prefer the rally to end up with a small correction and the chart went to the side. However, I'm afraid that everyone's mood has improved a lot and unfortunately a lot of people will fall into the bull trap. I hope I'm wrong. It seems that the market moved as you expected we saw a small correction and now the market is moving sideways, the next days are going to be critical because I am sure that the bears are going to try to do everything that they can to make the price of bitcoin to go below 8000 and if they are successful then this movement will be confirmed as a bull trap, but if the bulls can maintain the price above that level this could be the first sign of a sustained recovery happening during the next months.
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boris singer
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January 12, 2020, 04:56:46 AM Last edit: January 12, 2020, 08:06:04 AM by boris singer |
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Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.
I think the bull run started last year. At the beginning of 2019 the price was $3200. You see what we ended the year at. Just because you don't see 100% a month doesn't mean we're in a bear market. The price has slowly been rising over the last year and I fully expect that to continue throughout 2020. I won't even begin to try and pinpoint a high, simply because I just don't know what it will be. However, I wouldn't say we are in a bear market either. it is difficult to predict prices at q1 / q2, which can be analyzed only to see whether the accumulation has succeeded in forming a new trend or failed. It is likely that BTC prices will not return to early 2019 unless there is very negative pressure. what happened over the past 12 days hasn't received any confirmation because it will still face a correction line, the most important is how the BTC can stay strong building a small rally in the $ 8k area and not being shaken.
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Pelunize12
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January 12, 2020, 09:50:33 AM |
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Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.
I think the bull run started last year. At the beginning of 2019 the price was $3200. You see what we ended the year at. Just because you don't see 100% a month doesn't mean we're in a bear market. The price has slowly been rising over the last year and I fully expect that to continue throughout 2020. I won't even begin to try and pinpoint a high, simply because I just don't know what it will be. However, I wouldn't say we are in a bear market either. we have to clear with the definition of bullrun. Bull run used in a sentence (via Longman Business Dictionary): The stock market was on a spectacular bull run in which almost any investment paid off. if it just one or some coin which pump, it doesnt mean bull run Bull run must be most of coin. so, last year wasnt a bull run
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Kyraishi
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January 12, 2020, 10:24:24 AM |
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Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.
Absolutely agreed. Corrections should be expected and that doesn't mean that the bearish sentiment is back. In fact thet $8k support for BTC has been relatively stable as well as the 0.018 BTC support for ETH, which are both good signs for the market for the upcoming bull market. I still think that the markets will remain to be quite subdued at least until the end of Chinese New Year, where capital from China will free up quite a bit given the fact that festive celebrations are over.
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lixer
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January 12, 2020, 03:44:58 PM |
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Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
Yes, we might expect that we are at the end of the bearish markets but we might not expect the bullish markets to arrive this sooner. Exact entry price for me was $7000 and what I think after that is that the price can continue rising and can even show us the all time high price until now. I already have made profits from the last highest bull markets which occurred in the financial mid year 2017 so i always prepare myself for such bull runs and am always ready. This year, I am expecting bull runs to occur and after my research I can expect the bull runs to occur in the mid of this year. Surely, we have started seeing the growth from this month itself but what i am expecting this year is a huge price breaking all records.
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carlfebz2
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January 12, 2020, 09:36:20 PM |
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Even though one day there is a big correction but that does not mean the bear market is back, this year looks very good for the crypto market which is likely to be a bullish trend, but we don't know when it will happen, whether in the second, third, fourth quarter and we just need to be patient and we should prepare everything before you FOMO, because whatever the value is now and the correction that occurs, the price will definitely increase higher than 20k.
Absolutely agreed. Corrections should be expected and that doesn't mean that the bearish sentiment is back. In fact thet $8k support for BTC has been relatively stable as well as the 0.018 BTC support for ETH, which are both good signs for the market for the upcoming bull market. I still think that the markets will remain to be quite subdued at least until the end of Chinese New Year, where capital from China will free up quite a bit given the fact that festive celebrations are over. Theres already be a correction because this is how the market works.Wrong thing on what most people do thought about is that when price pumps it do goes all the way without even thinking the bumpy road ahead.We cant be still sure actually if this is already the beginning of bull run or just an another trap but to see this market on this situation where it do stabilize or stood strong on 8k levels does really give up some boost of feeling. We would able to see on whats the final trend for this year on upcoming months for sure.
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olumyd (OP)
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January 13, 2020, 12:28:00 AM |
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Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
Well I guess were moving out of the bear market, good thing that we have this slight recovery after a minor sell offs during the holiday season. I think people are slowly accumulating now for a fear that they could not buy Btc at 4 digit price. Well, you're right about people accumulating as this news outlet points out that 60% of Bitcoin in wallets haven't moved in the past 12 months. Imo, that's pretty bullish. But someone thinks that's because people are leveraging the store of value property of Bitcoin. But another question arises, will people sell off if we touch new highs, in an attempt to not fall for a repeat of Dec '17 price tank.
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michellee
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January 13, 2020, 05:19:02 AM |
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I think the sign of the bull run appears to us is when the bitcoin price can increase more than $10k-$15k, stay at that range of that price, and then the altcoin will have time to rise higher. After that, the bitcoin price will start to increase so high, but the altcoin will the following increase too. But unfortunately, we don't see the real sign so far, and we still waiting for that time, and I hope that the bull run will happen soon so we can back to recover our balance.
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patz22
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January 13, 2020, 12:34:19 PM |
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If the current trend will continue when it comes to war and other things in which is part of the economy issues, yes, we can now say that crypto can be part of economy now. There would be a chance of having bullish market since some people will be converting their funds to crypto for more security however everyone should be vigilant because it can be a bull trap.
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Free1bitco.in
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January 13, 2020, 01:27:45 PM |
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Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
In fact, this question is a difficult question to answer, even the answer also raises the pros and cons. however, we all expect the price of bitcoin, or crypto, to go to bull run and leave the bear market. however, we do not know what will happen in the future, however, the potential is quite large, so, prepare for it.
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lixer
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January 13, 2020, 01:37:56 PM |
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It seems that the market moved as you expected we saw a small correction and now the market is moving sideways, the next days are going to be critical because I am sure that the bears are going to try to do everything that they can to make the price of bitcoin to go below 8000 and if they are successful then this movement will be confirmed as a bull trap, but if the bulls can maintain the price above that level this could be the first sign of a sustained recovery happening during the next months.
There is small change according to my analysis. I feel like if bitcoins go below $7500 now than we can see that it was a bull trap until then we could expect the arrival of the bull markets. Prices are volatile which at least needs a gap of $500 for analysis. I have kept the target of $7500 and if price goes below that then I would take my next step making a Technical analysis and understanding the graphs again. If the price remains constant above $8000 even then we might expect a price surge and then again the price would start growing which would than hardly stop at the movement and it would land up in the all time high peak.
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rodskee
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January 13, 2020, 02:19:15 PM |
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Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
sad to say?we are not sure what will market doing and where this heading us. we have already Traps happen in past specially in 2018 when all of the nightmares from investors to hunters happens,there are tons of victim that until now never forget all the scenarios. i am just lucky that instead of investing in 2018?i stay holding since i have sold my currency in bullrun of 2017 and had expected Bear will take over(but not that hard like dropping to more than 300-400%) this year is really good but it's too early for the Bull to come,there are some thread that i have crossed saying we are still leading to bearmarket and Bitcoin price will be going down to 5k$ below .
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Distinctin
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January 13, 2020, 02:33:18 PM |
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If the current trend will continue when it comes to war and other things in which is part of the economy issues, yes, we can now say that crypto can be part of economy now. There would be a chance of having bullish market since some people will be converting their funds to crypto for more security however everyone should be vigilant because it can be a bull trap.
We can't decline such thing, a sudden rise, and unexpected fall...then we think that it a trap and whales manipulation. It all not just like, if we saw the price tend to move high in the past days it is because people aren't selling their Bitcoin at low and I think they are holding it now to anticipate the possible huge pumps during halving. Giving that hopes that they could generate more gains than of today.
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cryp24x
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January 13, 2020, 03:56:07 PM |
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I think the sign of the bull run appears to us is when the bitcoin price can increase more than $10k-$15k, stay at that range of that price, and then the altcoin will have time to rise higher. After that, the bitcoin price will start to increase so high, but the altcoin will the following increase too. But unfortunately, we don't see the real sign so far, and we still waiting for that time, and I hope that the bull run will happen soon so we can back to recover our balance.
I hope that it will happen soon too! I guess we are all hoping for that moment that is why we are still here waiting for that moment. Since we are just waiting, we need to be very expectant so we are ready for all the decision making that we should make. That isnthr real trap when we don't know how to decide when the proper time comes. Planning and speculation is not bad but we should take it into action.
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Ferris419
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January 13, 2020, 04:24:46 PM |
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I don't think the crypto market was in a bearish environment, To me, if the bitcoin price goes for 6K USD, then that will be a bear market, not in at 7K or 8K USD! Right now Bitcoin price seems very strong and anytime it can go higher. This is not bull nor a trap, it's a normal pump for BTC!
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Bitcoin is gonna hit 100K usd
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Omega Weapon
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January 17, 2020, 02:30:44 AM |
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I don't think the crypto market was in a bearish environment, To me, if the bitcoin price goes for 6K USD, then that will be a bear market, not in at 7K or 8K USD! Right now Bitcoin price seems very strong and anytime it can go higher. This is not bull nor a trap, it's a normal pump for BTC!
You cannot judge a price in isolation you need to consider what it has been happening during the last months, after almost reaching 14k in July the price went down and it reached 6500 since then we were close to surpass 9k, if bitcoin is able to surpass 9k then I think we will be officially out of the bear market but if it does not happen and the price goes down again this could confirm yet again that the bears are not ready to give up control of the market to the bulls that easily.
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ballerin and giroud
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January 17, 2020, 02:44:55 AM |
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Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
If you are a trader then trade safely, I mean you have to focus on your prediction price. Don't be greedy to have expectation that its price will be higher. Just sell when your prediction price has been touching and come back when you have another prediction. And if you are investor, just set your price prediction to sell your asset, keep wacthing its movement price and you will be safe. Bull trap is something that should be ignored, because here your intention is to gain money instead of you make an expection price but you have nothing, I mean you don't have an investment place and just hoping that price cryptocurrency will be higher.
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Karto
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January 17, 2020, 03:32:13 AM |
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well i would not buy the coins that pumped x2 x3.. if its a bull trap they will drop but if its a bull run , its better to buy other known coins that did not pump yet because they will follow
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Reatim
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January 17, 2020, 03:51:07 AM |
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Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
for more than a week now it stays as is,strong hold at $8000 level and trying to break $9000 so if this is a bulltrap seems that they can still hold so long?anyway nothing can confirm things until it happens. but for me,better keep safe than losing so if you cannot afford to hold for long term in case trap happens then don't invest for now,because the market is very unpredictable and those can Hold will stay stronger.
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