Are you bullish or bearish this year?

[South Park]

I will have to go with bullish on this one because price at one time looked like once it goes below $25000 it was going to be difficult to comeback as it was likely to influence people to panic sell and continue the down trend but as always price closed above the areas of interest which would have changed the outlook of the market and now we are looking bullish and also looks like we have got over the bitcoin mining nightmares. Nothing is standing in our way this ship is ready for take off.

This is why it is so difficult to give predictions in this market, everything can change so quickly and if you are not expecting it then you are going to be taken by surprise, personally I am happy about the current movements that we are seeing, for a time it seemed as if the market will go down and will remain there for a lot of time but this small recovery is giving people hope that the bull market is not over yet and that we are going to see an important recovery before this year ends.

[btc_angela]

When bitcoin reach 60k$ there are many prediction that Bitcoin will reach up to 100k$ to 180k$, but the bitcoin price slightly down to 29k$ and the price today is setting up to 45k$ i think the price is now bullish and the bitcoin price has now a chance to reach 100k$ before year end.

Maybe there were predictions that way, similar to 2017 when we reach $20k and people says that we are going straight to $50k. So lessons here, really hard to predict the movement specially after reaching a new all time high, bitcoin will suddenly experience a huge drop.

The only difference right now is that there are institutions that are pouring in their money right now, so although we have a drop of more than 50% after the last all time high, we are still above waters now, and it's possible that we can still have the chance to reach $200k before the end of the year.

[Yamifoud]

I will have to go with bullish on this one because price at one time looked like once it goes below $25000 it was going to be difficult to comeback as it was likely to influence people to panic sell and continue the down trend but as always price closed above the areas of interest which would have changed the outlook of the market and now we are looking bullish and also looks like we have got over the bitcoin mining nightmares. Nothing is standing in our way this ship is ready for take off.

This is why it is so difficult to give predictions in this market, everything can change so quickly and if you are not expecting it then you are going to be taken by surprise, personally I am happy about the current movements that we are seeing, for a time it seemed as if the market will go down and will remain there for a lot of time but this small recovery is giving people hope that the bull market is not over yet and that we are going to see an important recovery before this year ends.

Personally, everything is in the surprise and it comes unexpectedly. It is found to be the nature of the market and that is why we should be prepared all the time.
I'm not totally good at TA but I'm speculating that we are still staying at the same trend. This might be a wild guess I think, but seeing the situation for several months without huge changes happens, I draw the conclusion that it will be the same trend that we are able to see.

[Luqman]

Are you still bullish despite the huge dump from ATH?

It is bullish, very clear since the early of 2021. Everyone should understand it, this bullish happened following the scheme of Bitcoin halving previously. Sure we have some big dumps during this year. But if we learn as a whole, Bitcoin and altcoins prices are growing greatly this year. Don't think in the bullish season will be no dumps, it should be always there. Correction or dump is a part of bullish, it balanced the crypto market.

[CaVO32]

I will have to go with bullish on this one because price at one time looked like once it goes below $25000 it was going to be difficult to comeback as it was likely to influence people to panic sell and continue the down trend but as always price closed above the areas of interest which would have changed the outlook of the market and now we are looking bullish and also looks like we have got over the bitcoin mining nightmares. Nothing is standing in our way this ship is ready for take off.

This is why it is so difficult to give predictions in this market, everything can change so quickly and if you are not expecting it then you are going to be taken by surprise, personally I am happy about the current movements that we are seeing, for a time it seemed as if the market will go down and will remain there for a lot of time but this small recovery is giving people hope that the bull market is not over yet and that we are going to see an important recovery before this year ends.

Personally, everything is in the surprise and it comes unexpectedly. It is found to be the nature of the market and that is why we should be prepared all the time.
I'm not totally good at TA but I'm speculating that we are still staying at the same trend. This might be a wild guess I think, but seeing the situation for several months without huge changes happens, I draw the conclusion that it will be the same trend that we are able to see.

If you are long enough in crypto market, you don't need to be good in TAs. Because most of the time, crypto market doesn't follow any TA. It is hard to speculate the same trend as before because the factors change and the variables in the market are not the same. Even the institutions and companies that are involved are different. So you just need to keep your eyes open for some developments in the market and you should be ready with your plans.

[STT]

Considering Dollar is a lost cause overall due to non stop QE and poor yields for any holders, there isnt a great reason to bearish.
Bullish to neutral because we already rose but I dont think we are dropping intra year so no reason not to be be bullish this year

[gabbie2010]

With the roller-coaster price movement this year, I like to know if what you think about this year's market condition overall.

Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?

Share your thoughts and what's your basis, it will help everyone to decide.

I see that many people vote bullish than bearish, I think it is all because many people notice the amazing rising of the price of the Bitcoin this year not only in Bitcoin but also in altcoins I think we will be having another ATH before this year end so we need to keep calm and wait patiently for good.

From TA point of view it is obvious that the market sentiment has changed to bullish from bearish season which started miday, and price might continue to trend upward, although reaching or breaking this year ATH is very feasible, if the bullish sentiment is sustained and price volatility is maintained, however there might be some minor corrections or pullbacks, because movement is not a one way traffic.
Based on monthly BTC/USD timeframe analysis this month candlestick has a bullish tail an indication of the market up trending in months ahead.

[Japinat]

Are you still bullish despite the huge dump from ATH?

It is bullish, very clear since the early of 2021. Everyone should understand it, this bullish happened following the scheme of Bitcoin halving previously. Sure we have some big dumps during this year. But if we learn as a whole, Bitcoin and altcoins prices are growing greatly this year. Don't think in the bullish season will be no dumps, it should be always there. Correction or dump is a part of bullish, it balanced the crypto market.

I think the best way to determine is to compared the ATH this year and to the priced by the end of the year, but the way the market is going now, it seems like we are again entering soon the 4th quarter of the year with a good chance to see a bullish movement. Maybe we just have to be optimistic that overall the movement is positive despite the high volatility is still existing in the market.

[South Park]

Considering Dollar is a lost cause overall due to non stop QE and poor yields for any holders, there isnt a great reason to bearish.
Bullish to neutral because we already rose but I dont think we are dropping intra year so no reason not to be be bullish this year

While you are right at the same time the fundamentals of the dollar had been so bad for so long that I really think that it has created the expectation that no matter what happens to the dollar and how much of it they print everything is going to remain the same, however I think we are beginning to see the first signs that they are finally losing control, which means that anyone that takes the time to invest in a hard asset is going to do great during the next decade.

[Ngemmeng]

Are you still bullish despite the huge dump from ATH?

It is bullish, very clear since the early of 2021. Everyone should understand it, this bullish happened following the scheme of Bitcoin halving previously. Sure we have some big dumps during this year. But if we learn as a whole, Bitcoin and altcoins prices are growing greatly this year. Don't think in the bullish season will be no dumps, it should be always there. Correction or dump is a part of bullish, it balanced the crypto market.

many people are not aware of this problem. Many people think the previous drop in prices is a sign that the bull market is over. however bitcoin recovered quickly and bitcoin only lost 50% of its high price and certainly much better than in the 2018-2020 period. currently the price of bitcoin is starting to creep up and will reach a new ATH before the end of the year.

[Qunenin]

Are you still bullish despite the huge dump from ATH?

It is bullish, very clear since the early of 2021. Everyone should understand it, this bullish happened following the scheme of Bitcoin halving previously. Sure we have some big dumps during this year. But if we learn as a whole, Bitcoin and altcoins prices are growing greatly this year. Don't think in the bullish season will be no dumps, it should be always there. Correction or dump is a part of bullish, it balanced the crypto market.

many people are not aware of this problem. Many people think the previous drop in prices is a sign that the bull market is over. however bitcoin recovered quickly and bitcoin only lost 50% of its high price and certainly much better than in the 2018-2020 period. currently the price of bitcoin is starting to creep up and will reach a new ATH before the end of the year.

Yes, by no means 62000$ was not the market cycle top. We will reach all time high in December and target should be near 200,000$. It may seems not possible for now but remember that bull run is most parabolic at the end so we can expect anything. The next four months will be bullish for bitcoin and crypto currencies.

[zanezane]

I am definitely bullish, with the prices going up right now and there's no sign that it will go down anytime soon with 4 months left for the prices to go much higher this year in order to beat the current all time high, I think that it's not should be debated that the current situation and feelings for the market is bullish.

[robelneo]

With the roller-coaster price movement this year, I like to know if what you think about this year's market condition overall.

Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?

Share your thoughts and what's your basis, it will help everyone to decide.

Overall market condition is good we've just broken the old all-time high, although there's a slide from a new all-time high set four monthd ago still we are in a better condition than what the market had in the last four years, we still have a chance to set a new all-time high, as we approach the last quarter, so many good things are happening in the market and so many new trends is up now like NFT's and more play to earn projects are launching, there is bad news but the technology keeps moving in despite that bad news.
Good times are ahead we just have to keep the faith.

[tygeade]

I guess considering half of the year happened to be one of the biggest increases of the history of crypto, and then we just had a drop for a few months and then we are back about above what we are used to again, then we should still be quite proud of it as well. Think about it, bitcoin at these days last year was 10k or so, ethereum 1k, bnb at 30-40 dollars, now bitcoin is 45k, ethereum 4k, bnb 400 dollars, that is insane increase.

If anyone ever thinks that they are not bullish for this year, they are probably thinking about the next months from now, but that is not just this year, that is the last quarter of this year and you are only bearish of the last quarter of bitcoin. This is basically a horrible approach because bitcoin is almost always a profitable investment on the last quarters, people invest into it with whatever is left over.

[milewilda]

Doesnt matter if you are using technical or fundamental as long you do know on what you are doing then that what matter most.Its totally unpredictable this is why i do chose up in the poll
"I dont know" because we've been on 50% decline from ATH and i dont know if this year would end up to be bullish but depending if there are some news which would be positive
then there might be some chance for the market to rise up but its not guaranteed as always.Therefore, the best thing to be done or be thinking off is you do know
on what you would gonna do in times like these neither on what would the situation might happen.

We have different speculations of what would be the end season of bitcoin before this year end but for me I am very much positive that we are expecting for a another ATH that may attain of bitcoin. Though I am not that so sure because I'd still consider the high volatility of bitcoin market and yet my technical analyzation isn't that good enough I'm still working on progress on improving my technical analyzation. However, I'm also looking forward for a good profit once the market of btc get hype again.

I think no one can declare this year as a bearish one. Bitcoin went from all time to 60k+ and even if it don't cross the all time high this year, still it won't go much further down. If bitcoin remains between 30 - 40k by the end of December, we can easily call this year as a bullish year.

You cant tell that there would be no possible bear market on this remaining months of this year.We might have seen significant price rise but it isnt an indicative sign that it would really be moving forward fast.
Always consider  on taking a profit for short term if you arent a holder but for those who are holding then these kind of movements isnt really that much of  an  issue.Its always been  like this on  where we do
keep on guessing  on what would be the  price in the end of the year but we do all  hope the same  thing  which it  should be on bullish side  but  well lets see on  what  would happen ahead.
Bullish or bearish, there  would be only two movements  that could possibly happen.

[Botnake]

I am definitely bullish, with the prices going up right now and there's no sign that it will go down anytime soon with 4 months left for the prices to go much higher this year in order to beat the current all time high, I think that it's not should be debated that the current situation and feelings for the market is bullish.

We might have a different interpretation of a sign, but when the market is bullish, you would not really see a sign that it will fall as everyone's expectation is the price will continue to rise, that's why some get easily FOMO when the market is bullish. Well, it's possible that it will hit a new ATH, who knows, but the question is, what's the game plan when you see a new ATH?

[South Park]

Are you still bullish despite the huge dump from ATH?

It is bullish, very clear since the early of 2021. Everyone should understand it, this bullish happened following the scheme of Bitcoin halving previously. Sure we have some big dumps during this year. But if we learn as a whole, Bitcoin and altcoins prices are growing greatly this year. Don't think in the bullish season will be no dumps, it should be always there. Correction or dump is a part of bullish, it balanced the crypto market.

many people are not aware of this problem. Many people think the previous drop in prices is a sign that the bull market is over. however bitcoin recovered quickly and bitcoin only lost 50% of its high price and certainly much better than in the 2018-2020 period. currently the price of bitcoin is starting to creep up and will reach a new ATH before the end of the year.

Yes, by no means 62000$ was not the market cycle top. We will reach all time high in December and target should be near 200,000$. It may seems not possible for now but remember that bull run is most parabolic at the end so we can expect anything. The next four months will be bullish for bitcoin and crypto currencies.

This is precisely why I do not think we have truly reached the all time high of this cycle, we did not went parabolic, the price went very high but then it remained there as if it was being artificially lowered, I think the whales did not liked that we could reach such a high price so soon so they manipulated the market so they could buy even more coins in preparation to that moment, and it seems to me they are finally ready to let bitcoin do its thing so 6 figures should be on the cards during the end of this year.

[Golftech]

This is precisely why I do not think we have truly reached the all time high of this cycle, we did not went parabolic, the price went very high but then it remained there as if it was being artificially lowered, I think the whales did not liked that we could reach such a high price so soon so they manipulated the market so they could buy even more coins in preparation to that moment, and it seems to me they are finally ready to let bitcoin do its thing so 6 figures should be on the cards during the end of this year.

We never know until it happened, Whales for sure wants to grab more profits, if there's an artificial movement

we can't deny that they are capable doing it. Sad for those fomos who lose their money when whales shake the

market. That huge fall that really shaken most of the traders, fear inside from newcomers and lazy investors who

sell their assets during that time.

[jaberwock]

We never know until it happened, Whales for sure wants to grab more profits, if there's an artificial movement

we can't deny that they are capable doing it. Sad for those fomos who lose their money when whales shake the

market. That huge fall that really shaken most of the traders, fear inside from newcomers and lazy investors who

sell their assets during that time.

I do believe that whales do not specifically want to make bitcoin higher, I think they want to make money but they are fine making it anyway they want. I mean there are people who short bitcoin as well and they could be whales so they could just buy 150x leverage before they dump a bunch of bitcoin and make more profit that way, which they can then buy cheaper and wait until it goes up.

One theory suggest that this is exactly what whales do, they wait for us to get as much as we can, then they crash by dumping but also profit from it with high leverages, then they buy it back from the lower levels and keep repeating that every time the price goes up. Long story short I believe we are in a bull run and I believe we will go up, but I also believe that it is not going to be because of what the whales want, I believe it will be like that because we want it.

[Shasha80]

I am definitely bullish, with the prices going up right now and there's no sign that it will go down anytime soon with 4 months left for the prices to go much higher this year in order to beat the current all time high, I think that it's not should be debated that the current situation and feelings for the market is bullish.

We might have a different interpretation of a sign, but when the market is bullish, you would not really see a sign that it will fall as everyone's expectation is the price will continue to rise, that's why some get easily FOMO when the market is bullish. Well, it's possible that it will hit a new ATH, who knows, but the question is, what's the game plan when you see a new ATH?

Actually it's normal that we all have different understandings regarding the signs bullish market. Because everyone has a different analysis result
and therefore their opinion about the bullish market will be slightly different. I am among those who think that Bitcoin is still in a bullish trend,
although now the Bitcoin price has dropped back to $44k. Because for Bitcoin to go higher, it is necessary to have several corrections and that is
something that often happens. I believe as long as Bitcoin can stay above $40k for the next few weeks. The market is still bullish and Bitcoin prices
will continue to rise, it takes patience to wait for Bitcoin prices to return to ATH. There is even the possibility of reaching a new ATH, the most
important thing is that we don't panic easily with the decline in the price of Bitcoin, and can hold Bitcoin until it reaches the target we want.