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Author Topic: Another bear?  (Read 7278 times)

Offline Stuart

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Re: Another bear?
« Reply #45 on: February 26, 2021, 02:09:37 AM »
Maybe this is a price correction we are all expecting, which the whales in the market system are manipulating. It could be another bear on the other way round, cause it doesn't say if it is a bear  or a  price correction. Anything should be expected as the market has gone the way it is now. It is also a good room for new investors to step in for the next ride, and for the whales to take off their profits (which am sure is a major reason for this market situation). If this really is a correction in price, then ATH is what we expect after now.

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Re: Another bear?
« Reply #45 on: February 26, 2021, 02:09:37 AM »

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Offline nicecrypto

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Re: Another bear?
« Reply #46 on: February 26, 2021, 02:36:45 AM »
Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?

I believe this is inevitable when it comes to cryptocurrency trading since the beginning. If you look at the chart since 21 February when Bitcoin hit ATH $58,640.77 to date it has gone down like -19.6% now trading around $47,409.93. Traders or investors definitely have to take profits and we will see a market correction but I dont think that we are fully in the Bear circle yet BUY CAUTION needs to be taking until otherwise proven.

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Re: Another bear?
« Reply #47 on: February 26, 2021, 06:41:03 AM »
So far, in our world, the situation is very good for the further growth of the cryptocurrency market, so the onset of the bear season is now hardly possible. Most likely, this is another price correction in this market, because without this its normal development is impossible. Bitcoin has hit over $ 58,000 very quickly in recent times and corrections have been small and short-lived. Therefore, the current state of the cryptocurrency market is quite natural. This does not exclude further market growth in the near future.

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Re: Another bear?
« Reply #48 on: February 26, 2021, 07:23:08 AM »
I understand all your views, concerns and advice. The prices have been on uncertain corridors for the past few days, ranging from speeches and actions from authorities in the US, Nigeria and India, which make up a huge chunk of cryptocurrency investors/traders. Keeping fingers crossed for the future

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Re: Another bear?
« Reply #49 on: February 27, 2021, 09:57:43 PM »
The law of gravity made it clear that what ever goes up must surely come down, the market was going up, it's only common sense to not expect it to keep going up forever, at some point, we are going to see some red candles and I even believe it's not that time yet, but its soon, except some big companies comes with news of buying big amounts of bitcoin, sooner or later, price is likely to start declining and its normal.
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Re: Another bear?
« Reply #51 on: February 27, 2021, 10:39:21 PM »
am not surprise about the recent happening, because in crypto world their is always a trend for a period which can be positive or negative i.e rise, so to me people that influence price are directing it again.
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Re: Another bear?
« Reply #51 on: February 27, 2021, 10:39:21 PM »


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Re: Another bear?
« Reply #52 on: February 27, 2021, 11:58:56 PM »
Correct, it is a massive correction and in the next month, it seems to continue. I think many people now be afraid and worried about their crypto assets. But it is just temporary, mate. Crypto prices will improve again soon. However, it may make us wait for a month or several weeks to see the green price day again in crypto.
« Last Edit: February 28, 2021, 12:03:26 AM by gotbounty »
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Re: Another bear?
« Reply #53 on: February 28, 2021, 11:47:45 PM »
i think this is a correction. I'm not sure about technical indicators, it's the first time I'm getting emotional and expecting a bull. I turned the crisis into an opportunity and bought some altcoins. I hope I can be satisfied and laugh after 2-3 months. I wish everyone luck.
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Offline I-Bit

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Re: Another bear?
« Reply #54 on: February 28, 2021, 11:49:22 PM »
Yes, this is a dipping market and probably will happen some weeks later.however I think that we don't feel panic because of this dip market correction. I do believe that this will not last long like the previous bear because the altcoin season is still not coming yet. SO, be better to choose and also buy more top coins in this dip.

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Re: Another bear?
« Reply #55 on: February 28, 2021, 11:51:35 PM »
I think it is not bearish but it is just a correction. There are many people who tell about the upcoming bearish, I think they just want to make people sell their tokens/coins at cheap prices. If you believe the bullrun continues, then just hold your coins and never hear what people say. We must do what we think is true.
« Last Edit: March 01, 2021, 10:14:40 AM by xeroz »
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Offline vegasus

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Re: Another bear?
« Reply #56 on: February 28, 2021, 11:59:31 PM »
We don't know, mate. It is a bearish market or correction, we still have no clear sign now. I guess it is not a bearish but a correction. But it can be wrong, the bearish can come suddenly. It is a bit confusing now to see the current market trends. However, for those top coins, I am still trying to hold them.

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Re: Another bear?
« Reply #57 on: March 01, 2021, 07:36:16 AM »
I understand all your views, concerns and advice. The prices have been on uncertain corridors for the past few days, ranging from speeches and actions from authorities in the US, Nigeria and India, which make up a huge chunk of cryptocurrency investors/traders. Keeping fingers crossed for the future
Your right. Look at the market movement from last night 28 February to this morning 01 march. Bitcoin didn't get as far down as some crypto analyst though and bounce back a bit and now kinda moving sideways. I believe we don't know if different actions by all this different Government will eventually send cryptocurrencies further downward or we can fully regain upward momentum from here. Let's just keep watch of the market.

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Re: Another bear?
« Reply #58 on: March 01, 2021, 08:33:10 AM »
Most likely, it is not a bear market, because it is most likely a correction, because tokens that have fallen recently already slowly beginning to recover, so do not be sad

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Re: Another bear?
« Reply #59 on: March 01, 2021, 09:15:12 AM »
Yup, another bear. But I'm not afraid of the current crypto market conditions. On the contrary, I bought several tokens to diversify my investment portfolio, and sold several tokens to stop losses.
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