Sendi blackspade team
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June 12, 2021, 01:47:09 PM |
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nothing is wrong because of the fact that when the price increases, many people are looking for it, and hope that everything will change again.
If people are looking for it when the price goes up, it's actually a bit wrong, because most of the people who make a profit are people who are looking for it when the price hasn't gone up. that's the fault. except those who want to do day trading. some of the traders deliberately look for assets that are in an uptrend for them to trade but they do it quickly. and it all takes skill. for beginners, I think it is not recommended to do so. it's better to look for long-term investments by buying assets that are cheap and safer.
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Inspiron14
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June 12, 2021, 03:40:57 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
you're not wrong, you could be right, because indeed a lot of people are still thinking about $100k this year, so the whales may have other plans, or indeed the bears have taken over, there's nothing we can do to change that, all we can do is make a good strategy for our trade
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laredo7mm
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June 12, 2021, 04:02:18 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
So the new bear is at the $30k level? I don't think so, I'd like to believe we are still in the bull trend and the market will eventually recover I sum it up that the months of December is the month where everything starts bull or bear market and we are still halfway this year, let's first finish the year and decide where we are at. So you are still thinking that the market is bullish! But I don't believe the market in a bullish trend if it can not cross and stay above the 43k level. That is the psychological resistance level that must be broken to get control over the bull. I think there should be another correction to the 25k level before another bull cycle starts. Let's see how we end this year.
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imstillthebest
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June 12, 2021, 04:16:48 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
you're not wrong, you could be right, because indeed a lot of people are still thinking about $100k this year, so the whales may have other plans, or indeed the bears have taken over, there's nothing we can do to change that, all we can do is make a good strategy for our trade bear doesnt stop them from believing that btc price could rise to $100k . i do believe on it too but i am not blind to not see the situation of other coins . many of them are heavily down and the 10% gain will mean nothing .
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worle1bm
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June 12, 2021, 04:47:32 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
Going bearish is best for investors and whales also as they want to accumulate more at this time.Investing at dips is the only strategy that works 100% in bitcoin and you can gain in the long term that's for sure.Even if we see any further corrections than it will not be problematic situation but panic selling is the main problem for market.Before we hit bullish trend and support is provided for further rise have patience and stay calm.This will work for you.
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herurist
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June 12, 2021, 04:56:32 PM |
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About your prediction, right or wrong, it goes back to someone's point of view in analyzing. and it can't be wrong if you believe and do research, and what you say we can't say is completely true, because price movements will affect speculation and we also have different points of view based on each study.
it is difficult to make one indicator with another so as to produce agreement. On the other hand, it can act as a pair of bears or vice versa. the market moves naturally and manipulates. This causes uncertainty in determining conclusions.
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Coin_trader
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June 12, 2021, 05:05:02 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
Going bearish is best for investors and whales also as they want to accumulate more at this time.Investing at dips is the only strategy that works 100% in bitcoin and you can gain in the long term that's for sure.Even if we see any further corrections than it will not be problematic situation but panic selling is the main problem for market.Before we hit bullish trend and support is provided for further rise have patience and stay calm.This will work for you. A bearish market is not good to investors in general since it may last longer like months or years. A correction is more appropriate for accumulation phase since there's a hope for a trend reversal for a short period of time.
The current market is still on indecision stage since the price is just bouncing back and forth on weekly price low and high. Its too early to determine the trend unless known support/resistance was already breach.
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Kez1817
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June 12, 2021, 05:09:25 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
If you do trading 10% is good gains and traders has their own strategy despite of bull or bear market. Anyway, I think no body knows what is the exact future of cryptocurrency, all we have is prediction. I also don't kow if you are right or wrong. For me as long as I can earn, I will just ride the market situation no matter what.
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yohananaomi
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June 12, 2021, 05:28:32 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
Going bearish is best for investors and whales also as they want to accumulate more at this time.Investing at dips is the only strategy that works 100% in bitcoin and you can gain in the long term that's for sure.Even if we see any further corrections than it will not be problematic situation but panic selling is the main problem for market.Before we hit bullish trend and support is provided for further rise have patience and stay calm.This will work for you. Of course, with a fairly high price on bitcoin, it's possible for people with large funds to make purchases even though prices are going down, but those who don't have capital may only be able to look at potential altcoins, which are all down. That's right, buying when it's currently down is very important, we know the correction due to bad news has made prices unstoppable plus panic is carried out without analysis. but all can be sure someday will come back again to increase and will earn income from the difference purchased. but very confident that the bulls will still be there and waiting for the right time for the bad news to subside with the good news starting to develop. hopefully the good news will beat the bad news so the price can bounce back like the goal from the beginning which will happen at the end of the year fantastic prices for all coins.
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Silberman
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June 12, 2021, 07:18:49 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
If that is what you are seeing in the market then you need to act accordingly, personally this is not what I see, what I am seeing is that this is a slowdown of the market and that it will reignite itself at the end of the year, this is similar to what we saw in 2017, also another reason of why I think we have not reached the top is that the behavior that we saw this time around is completely different that what we have seen in the past as the price remained close to the top for weeks which is a strange behavior in this market.
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btcltcdigger
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June 12, 2021, 09:32:51 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
You are wrong. There's more indicators saying it's not yet bear market, then there are one saying we're going in it. IMO, we'll see few more weeks of sideways action, then one big push upwards, and then we go into bear mode. Approx by the end of the year
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Darktongue
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June 12, 2021, 10:49:20 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
You weren't wrong to see the current situation of cryptocurrency even though you are a newbie. Yes, bear market time is going to end soon, but there could be more months needed. 29k USD is a very huge dip since the last pump was 64k USD. Even the total market capitalization is also doing the same. Actually none of us are too blind to see, we need some satisfactory news from others. We already have got the results of the 2 year bear market. We will see a good pump after this correction.
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poodle63
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June 13, 2021, 08:25:48 AM |
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That's just your speculation that we're in bearish market, even we are already far above 2018's bitcoin price but people already saying that we are in bearish market people already realize the 10% gain is just part of a bigger picture that's why in every corner people making analyzation toward bitcoin price chart. It's not like people are too fixated in a price gain anyway, it's already a normal practice for people who analyze to see the price movement at a bigger time frame, they are not blind and maybe they are the one who understanding and bitcoin market usually rather unpredictable.
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Rakeshten
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June 13, 2021, 03:15:47 PM |
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You are wrong, I don't think we are in bearish market. This is only correction. We will see soon bullish market again. There is still no any indicator which day now bearish market has started. So you shouldn't say that market is bearish.
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abel1337
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June 13, 2021, 03:29:16 PM |
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You are wrong, I don't think we are in bearish market. This is only correction. We will see soon bullish market again. There is still no any indicator which day now bearish market has started. So you shouldn't say that market is bearish.
The speculation you see is depending on the way you see the market. Even the most followed people have their different say about the market, Some say it's going to be bearish and some tell it's just a correction and their speculations have some basis which is their found patterns, Historical data, and other needed data to back their speculation. I myself is really confused about where will the market will land. The only thing we can do today is to earn and earn more profit to get ready for what the market awaits us.
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huu78
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June 13, 2021, 04:12:54 PM |
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Just because the current market condition continues to decline does not mean that a long bear will soon come, but currently the market is in a sideways condition and is still waiting for the next sharp decline or increase and is determined by market technicals and fundamentals such as fomo and fud from various fields.
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leatutz
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June 13, 2021, 06:25:44 PM |
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Just because the current market condition continues to decline does not mean that a long bear will soon come, but currently the market is in a sideways condition and is still waiting for the next sharp decline or increase and is determined by market technicals and fundamentals such as fomo and fud from various fields.
The current market situation will always go as we get announcements or crypto news. Long bear time passed 6 months ago, we can be sure that it will not come again yet. Another dump chances are very high in a month because the last time recovered. Like BTC dropped to 4k for a week last year. There could be a little problem if the market doesn't move in a month.
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Shallow
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June 13, 2021, 06:36:50 PM |
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The truth is, many atimes, predicting this market is tough. I could remember when Bitcoin was $20k and what most people said and before you know it, it reached a new ATH, many were still asking if we are in bull run and Bitcoin took everyone by surprise and now we are in bear market and many might still not believe; they could be right as well as wrong, moreover the crypto space is unpredictable. However, looking at the news so far, both from adoption, legalization and so on about Bitcoin, you can begin to wonder if actually we are in full bear season because all these news could set Bitcoin on another bull run. The only thing one should do is to be careful of the market, know what to hold and what to trade just in case things turns around for good, so that you won't miss out on the good coins.
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Jackl87
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June 13, 2021, 08:01:34 PM |
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We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
Well the overall trend of the last 6 weeks or so was pretty bearish overall. So a 5% increase in price during a day does of course not mean that we are officially in a bull market now again. The thing is though that most bull or bear markets don't really come with a big introduction, they just suddenly happen. Therefore, at least in my opinion, you can not say now that we are going into a long bear market just because the last 6 weeks were bearish but you also can't say, that the bear is over and we are going into a bull market again. As longs as you are a normal user without inside information you can just guess and follow your feeling.
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serjent05
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June 13, 2021, 08:07:52 PM |
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I still read some analysis that BTC hasn't peaked yet and it could happen in 2022. Most people predicted that the bullrun would end by the end of 2021 but it looks like BTC pumped prematurely which is why we're seeing this consolidation period. Let's wait how the chars play out by third quarter.
Following the 4 year cycle of Bitcoin, the peak must happen this year and not 2022, Bitcoin market could have entered the bear season at that time so it is highly possible that BTC won't get its new ATH in that year, 2022. Anyway, the Bitcoin market is unpredictable, setting aside the 4-year cycle pattern, Bitcoin can crash or peak anytime but I still believe that the market isn't entering the bear season yet, I think it will record another ATH before going to that bear direction.
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