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    Author Topic: The main reason for the bearish market today  (Read 17519 times)

    • Pattart
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    March 29, 2019, 02:03:30 PM
     #61
    Quote from: AjithBtc on March 29, 2019, 01:48:28 PM
    The market isn't bearish anymore, right now market is gaining resistance for a bigger price pushing. Now it seems to swing, end of the day there is good price increase. A day back it fell low close to $3950 and by the next day the price once again came close to $4050 and today it has crossed $4100 which is pure growth.
    I dont think its over, prices can fall back if there is oversupply especially many people who might just sell their assets when prices rise to $4100. and that's what happened at the beginning of 2018, Too much oversupply of investors wanted to sell at ATH and many of the investors wanted to save their assets, so there was a bearish

  • hyunee
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    March 29, 2019, 02:58:45 PM
     #62
    Quote from: AjithBtc on March 29, 2019, 01:48:28 PM
    The market isn't bearish anymore, right now market is gaining resistance for a bigger price pushing. Now it seems to swing, end of the day there is good price increase. A day back it fell low close to $3950 and by the next day the price once again came close to $4050 and today it has crossed $4100 which is pure growth.
    I don't think it is not in bearish trend until now. We can't just be sure about this. Bitcoin tried to push it to the next resistance on its journey to 5k usd but it always fail. But my positivity in bitcoin will never reduce, it will go up soon. Only if the dramas will be gone.

  • incomefromcoins
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    March 29, 2019, 06:41:38 PM
     #63
    The main reason for the bearish market is Etf approvals lot of expectations for wall street investors the approval news took back billions of dollars

  • maldini
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    March 29, 2019, 08:25:18 PM
     #64
    naturally this is a market, there is a time of bearishness. There are so many bearish causes, obviously the offer is bigger than the demand and there are a lot of FUD news that are pending on this market.

  • Teawhalee
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    March 29, 2019, 08:57:47 PM
     #65
    I think the bearish was just a coincidence with the SEC activities and it triggered it. Usually people do respond to Negative news with high that’s positive news. A lot of people panic sold to avoid and stay out of the market to see where the next drop zone would be. Now perope are no more scared of any news or price drop.
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  • Best Dreams
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    March 29, 2019, 09:31:28 PM
     #66
    Quote from: thirdlight on March 29, 2019, 08:35:24 AM
    Quote from: xuv500 on February 27, 2019, 07:14:05 PM
    The entire Alts are following only BTC if the value of BTC pumps the entire coins pump else it will drown automatically. The market is unpredictable and  some big investors are manipulating the price everywhere, hopefully the price will pump in this last quarter.
    Manipulations are everywhere. And what is most interesting is that we don’t get anywhere from them. Therefore, I propose to simply accept and adjust to the market. Because he will never fit in with you.
    Yes we should be positive and be wise because so many people are trying to put the market down and make everyone lose, better be wise and be positive, market is bearish only because of panic sellers don’t be the one just hold with patience, those who are lack of knowledge try to guide them not to manipulate the market.

  • hovrah
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    March 29, 2019, 10:52:53 PM
     #67
    Quote from: Teawhalee on March 29, 2019, 08:57:47 PM
    I think the bearish was just a coincidence with the SEC activities and it triggered it. Usually people do respond to Negative news with high that’s positive news. A lot of people panic sold to avoid and stay out of the market to see where the next drop zone would be. Now perope are no more scared of any news or price drop.
    There were news on the Internet that was voiced by many cryptocurrency users regarding today's price drop. It is said that the market fell due to the closure of a single drug trafficking website, where it was possible to pay in cryptocurrency. K means Certainly funny, but nevertheless, everything is completely possible.

  • Yamifoud
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    March 29, 2019, 11:23:13 PM
     #68
    Quote from: hovrah on March 29, 2019, 10:52:53 PM
    Quote from: Teawhalee on March 29, 2019, 08:57:47 PM
    I think the bearish was just a coincidence with the SEC activities and it triggered it. Usually people do respond to Negative news with high that’s positive news. A lot of people panic sold to avoid and stay out of the market to see where the next drop zone would be. Now perope are no more scared of any news or price drop.
    There were news on the Internet that was voiced by many cryptocurrency users regarding today's price drop. It is said that the market fell due to the closure of a single drug trafficking website, where it was possible to pay in cryptocurrency. K means Certainly funny, but nevertheless, everything is completely possible.
    Do you think that crypto is already used for drug trafficking? Cause I feel bad with that.
    Not possible that it could used for some illegal activities, frauds but isn't that proven due to its anonymity for every users, only just news spread. 
    But looking into this things, I've never think that it will give a bad impact into the market. We are hardly to recover cause we have that low demand and some investors are not investing again after big losses last year. But of course, will have that recoveries in the coming days as the market started to move.

  • soulripper
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    March 30, 2019, 12:39:34 AM
     #69
    The main factor for low demand in today marker is because a lot of investors has hit a big lost in the last year and some of they has being not invest again due to a high lost. Investors scared to invest and that make the marker has down. I think this will be change soon after we see some more positive activities in bitcoin market then a new investors will invest more.

  • oegarod
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    March 30, 2019, 06:38:31 AM
     #70
    It isn't the perfect bear market, from analyst view the market is predicted to grow crossing $4200. If this happens then it is the end of the bear trend, same time possibility for a down trend is possible with bitcoin going low to $3500, and the low bottom close to $3200. Right now the price recovery after falling low to $4000 and crossing $4100 have added resistance for the next price barrier to be $4200.

  • hahay
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    March 30, 2019, 06:48:19 AM
     #71
    Quote from: oegarod on March 30, 2019, 06:38:31 AM
    It isn't the perfect bear market, from analyst view the market is predicted to grow crossing $4200. If this happens then it is the end of the bear trend, same time possibility for a down trend is possible with bitcoin going low to $3500, and the low bottom close to $3200. Right now the price recovery after falling low to $4000 and crossing $4100 have added resistance for the next price barrier to be $4200.
    This thread has been made at least 5 months ago and of course there has been a change in market sentiment, at the end of the first quarter of 2019 the trend showed a good increase in my opinion and it looks like the bear market will end soon which at least will be pretty sure in the second quarter of this year there is a much higher increase if indeed the bull run is what has been predicted and expected so far.

  • gilangIDR
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    March 30, 2019, 06:59:30 AM
     #72
    Quote from: hahay on March 30, 2019, 06:48:19 AM
    Quote from: oegarod on March 30, 2019, 06:38:31 AM
    It isn't the perfect bear market, from analyst view the market is predicted to grow crossing $4200. If this happens then it is the end of the bear trend, same time possibility for a down trend is possible with bitcoin going low to $3500, and the low bottom close to $3200. Right now the price recovery after falling low to $4000 and crossing $4100 have added resistance for the next price barrier to be $4200.
    This thread has been made at least 5 months ago and of course there has been a change in market sentiment, at the end of the first quarter of 2019 the trend showed a good increase in my opinion and it looks like the bear market will end soon which at least will be pretty sure in the second quarter of this year there is a much higher increase if indeed the bull run is what has been predicted and expected so far.
    Look at some of the prices of cryptocurrencies that exist, prices are in the green range and that is good if it can be maintained for a longer period of time. We are still in the first quarter and in the second quarter of the future we will get a much better situation, hopefully this can all run smoothly and without significant obstacles.

  • emulsifryer
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    March 30, 2019, 07:23:18 AM
     #73
    Quote from: hahay on March 30, 2019, 06:48:19 AM
    Quote from: oegarod on March 30, 2019, 06:38:31 AM
    It isn't the perfect bear market, from analyst view the market is predicted to grow crossing $4200. If this happens then it is the end of the bear trend, same time possibility for a down trend is possible with bitcoin going low to $3500, and the low bottom close to $3200. Right now the price recovery after falling low to $4000 and crossing $4100 have added resistance for the next price barrier to be $4200.
    This thread has been made at least 5 months ago and of course there has been a change in market sentiment, at the end of the first quarter of 2019 the trend showed a good increase in my opinion and it looks like the bear market will end soon which at least will be pretty sure in the second quarter of this year there is a much higher increase if indeed the bull run is what has been predicted and expected so far.
    A lot of changes from the first quarter which some of us thinking that bitcoin will not recovered back again due to the downfall of its price but as you can see from time to time there's still a chance that the market showed us some positive thread and I guess this wont take too long bear market will end up soon.
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  • Ezenwanyi
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    March 30, 2019, 09:11:32 AM
     #74
    I have always maintained that the cryptocurrency Market is one which is highly controlled by speculation.
    So I'm not surprised that the SEC news  could cause Market downward trend.
    It's expected.
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    April 04, 2019, 03:00:53 PM
     #75
    Quote from: emulsifryer on March 30, 2019, 07:23:18 AM
    A lot of changes from the first quarter which some of us thinking that bitcoin will not recovered back again due to the downfall of its price but as you can see from time to time there's still a chance that the market showed us some positive thread and I guess this wont take too long bear market will end up soon.
    It seems the bear market has stopped for a few days now and the bulls are pushing it up this week. We crossed 5k and now are going to 6k in my book. Although the first quarter was bearish it does indicate this breakout even if it might be a bulltrap would not be stopped very easily. Today there has been a correcting rally back 4% losses but the gains have been pretty big recently. Not sure about the reason yet but lets hope the bull market will catch up again once the bull complete resting for now.

    Quote from: Ezenwanyi on March 30, 2019, 09:11:32 AM
    I have always maintained that the cryptocurrency Market is one which is highly controlled by speculation.
    So I'm not surprised that the SEC news  could cause Market downward trend.
    It's expected.
    Lets get more people resistant against the SEC news. That should be our motive.
     
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  • XCANA
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    April 04, 2019, 03:50:44 PM
     #76
    The main reason why the bearish market kept us for a long time was based on speculations which has negative impact on the market. This can be solve only if the Bitcoin communities will stand firm against Bitcoin enemies and together fight for Bitcoin adoption. Together the bearish market can be a thing of the past.

    Currently the market is no longer Bearish but bullish as Bitcoin price still stand $5,000 and still growing.

  • iqlimasyadiqa
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    April 04, 2019, 04:01:12 PM
     #77
    Quote from: XCANA on April 04, 2019, 03:50:44 PM
    The main reason why the bearish market kept us for a long time was based on speculations which has negative impact on the market. This can be solve only if the Bitcoin communities will stand firm against Bitcoin enemies and together fight for Bitcoin adoption. Together the bearish market can be a thing of the past.

    Currently the market is no longer Bearish but bullish as Bitcoin price still stand $5,000 and still growing.
    far more adoption or use of bitcoin can lead to a volume of bitcoi market, this will increase the number of requests and of course the price of bitcoin will increase. some speculations also assume that this year there will be a positive change. now I keep holding on to such a good market, I will try to save some valuable assets and hope that prices will increase in the future.
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