So are we in bullish times or Not??

[alani123]

O be honest it seems rather bearish. Markets failed to overcome the barrier of 10k USD effectively and now profit taking, with some selling pressure from cashing out also pushed prices to lower levers. Support at 9k USD now even looks weak if you look at buy/sell walls on some of the most major exchanges. I really hope that this will be averted and no bearish run is to come any further but it's just too uncertain at this point.

[1715552756]

1715552756

[1715552756]

1715552756

[1715552756]

1715552756

[1715552756]

1715552756

[1715552756]

1715552756

[semobo]

Possibly we are in bullish trend but no one knows how long this trend will remain.One important thing that made crypto prices to be bullish is corona virus which is threatening stockmarket of China and many other developing countries so investors moving their funds to stock alternatives on that bitcoin is one of them.

[btc_angela]

Currently, it's pretty obvious that the bears has taken over the market. It's just a question on how the bulls are going to take it back. The current downtrend is largely due to the corona virus news gripping all over the world. That's why the market seems to go on the downsize as investors push the sell button creating panic again.

[Sadlife]

After a major rally there will always be corrections, so we might be seeing a short term dump and heading towards the $8500 CME gap. But this are all my speculations, who knows maybe bitcoin is in for a major correction.

[Genemind]

As for me, we're not on the Bullish times. We have experienced a worse situation than we have right now so it will be hard to finalize that we're not in the right situation. The market will still recover in times so we have to wait until Bitcoin halving approaches. There are several corrections so we should remain positive towards the market. Good days are coming so we have to wait for the best time for the market.

[Cherylstar86]

Currently, it's pretty obvious that the bears has taken over the market. It's just a question on how the bulls are going to take it back. The current downtrend is largely due to the corona virus news gripping all over the world. That's why the market seems to go on the downsize as investors push the sell button creating panic again.

Being into a panic situation is really the worst action to control while there's no assurance for several altcoins market to recover smoothly. Once there's a good movement, its very frustrating to see while the market started to develop a positive momentum. Short term holders strikes badly with unpredictable behaviour which pulled down several coins increasing value.

[carlisle1]

how can you call Bullish when the day of posting this thread is the market is suffering from falling?and until now we are dropping smaller each day.

but i am certain that some correction or either manipulating happening,i had been looking for the reason about this dump but i see nothing since yesterday so maybe the second reason is what happening?

[Kasabus]

how can you call Bullish when the day of posting this thread is the market is suffering from falling?and until now we are dropping smaller each day.

but i am certain that some correction or either manipulating happening,i had been looking for the reason about this dump but i see nothing since yesterday so maybe the second reason is what happening?

We are not yet in a bullish trend and all we have right now are some correction. The positive market is due to the approaching btc halving which makes most of the top coins gain positive prices. But there is still no guarantee that this market won't suddenly crash as we knew from the start that this market is very much unpredictable and any price dump or pump is expected any time.

[beerlover]

Very interesting, for the past 2 months until last 24 hours people have been saying bitcoin will go towards $20k, $50k or even $100k, in the past 24 hours everyone started to talk about how bitcoin is going down and how we are in a bearish market.

You do realize that if you think we are in bearish market and sell your coin we actually end up being in bearish market because you sold your coins right? Like that is the literal thing that causes the markets to drop. If you and everyone like you who think we are in bearish market stop it and start thinking we are in bullish market and should buy now to sell later because it is going up, that will result with price going up because you all bought bitcoin.

Also, about the "let me see green" we moved 20%+ year to date, that is the green you already saw, you can't have 5%+ increases every single day.

[nekonyun]

yeah right now it's still in a bullish trend bitcoin prices are down making higher low prices to make bitcoin prices go up higher, during prices not down to 7k anymore this is still a bullish trend

[pawanjain]

We can't actually predict anything accurately since nobody can predict the future but yeah, there are pretty good chances to see a bullish trend this year.
We have seen a long bearish trend in the past 2 years and only lately has the bitcoin's price increased little by little.
The upcoming halving has many stakes upon it since many are keeping hopes on it to increase bitcoin's price.
So even though we cannot assure anything, there are good chances for bitcoin to see a bullish trend this year.

[CryptopreneurBrainboss]

There is news that 2020 is so good for bitcoin and bla h.. Blah.. Bla.

But btc still Low just 9k.

So all the crypto experts talking we are in bull market ;

So are in bull or Bear market what is the market situation?
If we are bullish then let.me see Green good Green!!

Have you taken sometime to analyze the lows of last year and compared it to the current price of bitcoin? It has risen in 2 fold that's over 100%+ increase since last year and not just bitcoin but other coins too including shitcoins like bitcoin cash and SV. Ethereum has also double in price, all the indication of market points towards a bullish market so I don't understand where you doubt is coming from.

The market is a very volatile one meaning there'll always be up and down therefore it rising above $10k and later falling below that price doesn't mean it's experiencing a bear market instead that's just the market experiencing some correction which is common for the industry. I'll prefer to use the phrase we're in the accumulation phrase of the market.

[BitcoinPanther]

I am just okay with the performance of Bitcoin nowadays because compared to last years performance, it is really hard to vope up withh the fall. Now, Bitcoin price have good behaviour. It rises sometimes which we make us really excited of what os good to happen.

Everything is possible on the market. We cannot predict of it is bullish. We just need to be very patient and optimistic.

[Kemarit]

{.. snip .. }

Well the market is based on sentiments, in the past 2 months we haven't seen the impact of the corona virus scare, but in the last 24 hours, it looks like it get past the point wherein crypto related media used it as a tool to create FUD. Although the epidemic is real as it gets, I think it was put out of context and spin around.

We should really be looking at the bigger picture here, maybe this is just one bump that we need to overcome and at the end we might see a good bounce to five digits approaching halving in May.

[Yamifoud]

We haven't got far from the price where we are started this year but if we compare last year's trend in the same month, we are folded more than twice. Not really it means that we are finally at the bullish trend but in me, I consider it though.

I know many of us we're still puzzled if we are on the right track and going to bullish soon. But having a halving event will surely help to push the market a little bit high as of the past year. We look into its probability and we're pretty excited to see its result.

[NewRanger]

I am just okay with the performance of Bitcoin nowadays because compared to last years performance, it is really hard to vope up withh the fall. Now, Bitcoin price have good behaviour. It rises sometimes which we make us really excited of what os good to happen.

Everything is possible on the market. We cannot predict of it is bullish. We just need to be very patient and optimistic.

atleast market capitalization growth day by day, and it there is correction its just normal. everyone want to take profits from their transaction and start accumulating their crypto assets. bearish trend will run foreover, and someday bullish trend will coming , vice versa. two days ago bitcoin and cryptocurrency price drop alot more than 10% , but for some traders and investors it be good sign for market. its accumulating power before run again and hit new record.

[Ailurophile]

No we aren't in bullish time and you could clearly see it right?
The market has been dropping off for days now and when you started this thread the price is already dropping down.
So couldn't you even see it for yourself? The short price pump of the crypto market has ended and it is now bleeding.
We are having a huge drop down and there is no need to ask if we are in a bullish time because there is absolutely no signs of bull as of this moment.

[rodskee]

There is news that 2020 is so good for bitcoin and bla h.. Blah.. Bla.

But btc still Low just 9k.

So all the crypto experts talking we are in bull market ;

So are in bull or Bear market what is the market situation?
If we are bullish then let.me see Green good Green!!

Id like to get Answer... Are bullisj or Not?? 


Id like to hear what the experts think about this?


Thank You!

if you don't mind?please stop asking this same question over and over,it seems that almost every other day or weeks this question was being posted in here or other sections.aren't you getting tired of this?why not just follow the Wall Observer thread for the latest and much accurate answers than those who posted with same generic messages? here is the thread in which you can find answers in this kind of questions https://bitcointalk.org/index.php?topic=178336.0 from now on just check that and don't post similar to this topic.

[davinchi]

It is below $9,000, but at least the price we have right now is far much better than in the last two years that the kept disappointing Investors. The bull run has not started yet, and people are saying that 2020 is going to be good for Bitcoin because of the halving that will be taking place.

I am not hundred percent sure about it, but that’s how it has always been for the last halvings that we have seen in the Bitcoin space. Maybe the same thing will also be repeating itself this time around. There have already been a lot of predictions by experts that shows that there is going to be an increase. So let’s wait till then.

[hahay]

Even when the price broke through the previous 10k I wasn't sure if it was a bull movement and I felt it was just a recovery period, until now even the price has continued to fall and has returned to around 8k and I am still wary of the current price and it looks like the price will continue falling maybe until touch the lowest point. It's still too soon to say the market will be bullish despite positive moves even at the beginning of the quarter, because I'm only worried about halving bitcoin that will happen later and basically I believe at least there will be a big correction that will happen.