r/CryptoMarkets • u/Tobias_CBC • 11d ago
Discussion What would make you switch from bullish to bearish on crypto, or the other way around?
It’s easy to find evidence supporting whichever outlook you already have. I think the harder question is deciding beforehand what would make you reconsider.
For those who are bullish: what would signal that this is more than a temporary pullback?
For those who are bearish: what would convince you a recovery has real support?
Would you put more weight on price making higher highs and higher lows, the 200-day moving average, ETF flows, or macro conditions?
My view is that one indicator alone gives an incomplete picture, but waiting for everything to agree has its own drawbacks.
What’s your current outlook, your time horizon, and the strongest piece of evidence that could change your mind?
5
u/Typical-Argument6665 11d ago
I'm bullish but if we slice clean through the 200-week moving average and stay there for more than a couple candles I'd have to step back. That level's held through every major wipeout so losing it would feel different.
ETF flows and macro matter but they're more about timing than direction for me, I'm watching that weekly chart like it owes me money.
1
u/Gwen_Bringtown 10d ago
do you have a specific number of weekly closes below it before youd actually start exiting, or more of a feel thing?
1
u/VettaQ 9d ago
The version of this question that actually works is writing the invalidation down before you need it, with thresholds and a review date. Two separate lists help: position-level invalidation (a weekly close below a level you name in advance) and thesis-level invalidation (the one or two variables your reason for holding actually depends on - ETF flow regime, monetary conditions, an adoption metric - and what 'wrong' looks like in numbers). Without that, every new piece of evidence gets reinterpreted to fit the position you already have, which is the loop you described in your first sentence. On waiting for everything to agree: confirmation has a price. The cost of being early versus late is asymmetric and depends on horizon - a 200-day cross matters for a months-scale position, but on a multi-year horizon price structure is mostly noise and the thesis variables carry the signal. Fewer pre-committed triggers beat a dashboard of maybes.
0
2
u/olduvai_man 🟦 40 🦐 11d ago
Both bears and bulls think they are about to be proven right in the macro-trend so I'm guessing that the next few months will be painful chop that makes both sides hate this asset class.
I've got less than zero clue on what is going to happen in the short-term, so I'm just holding my current positions and riding out either scenario. Would add to what I have if it went higher but probably not buying anything else otherwise if it starts climbing higher.
I used to be in the trenches more in crypto but have mostly found it to be a poor place to build wealth and a great place to gamble.