If you're talking about an imminent bull market, then it will definitely happen.
Obviously, it would be a matter of time. Whether this time is going to be in a few months that the market recovers, or whether it takes a few years for the next bull market to develop, nobody knows at this stage. But in the long run, the demand for bitcoin should increase and the supply stay relatively the same, leading to an imminent increase in price.
For now, I remain bearish on bitcoin given that the bear market probably won't end this year looking back on historical market movements of 2014-2015. Prices could go lower in the short term and take a few more dips, but we're near the floor.
Topic: [2018-09-30]Bitcoin Bullish or Bearish as Weekend Ends? Is a Bull Run Imminent? (Read 207 times)
October 02, 2018, 06:51:04 PM
October 01, 2018, 10:22:44 PM
$220 Billion? Well, I've seen that market price going down and back for the last months. It is not a good basis for a bull market that is going to happen. I've seen this kind of topic every week or month and they always just base on little increase. I hope they'll change and make other informative relevant news.
October 01, 2018, 04:26:41 PM
As a bitcoin news writer I can confirm this as true. That's the thing about the price: its always either going up, or down, or even when its sideways you can write about that too. It takes effort to find good material to write about sometimes.
Our TA guy just pulls magic bunny rabbits out of his ass 3 times a week and gets paid decently for it.
It's more than understandable though. It's a business that has to publish content to entertain its users and generate income. I think the problem isn't really news outlets doing it, but more so that people haven't accepted it.Our TA guy just pulls magic bunny rabbits out of his ass 3 times a week and gets paid decently for it.
As always, when someone else does something out of 'necessity', it's a shame, but when that person does it himself it's suddenly no longer a problem. People need to place themselves in the opposite position to understand why things happen.
Most realistic and understanding people here already know how news outlets work and how crappy they are overall. I only use them as alert. If I see an interesting article, I go straight to the source to find out what's going on.
October 01, 2018, 07:51:43 AM
SEC will not aprove a ETF that will buy actual bitcoins. the one they might with a 10% change aprove is one that is betting on the price with futures.
It's impossible to say that up front. The SEC is worried about how the demand and thus the majority of the volumes are generated in Asia.
In the end, I don't know why everyone keeps focusing so much on the SEC. People really made the SEC look like a Bitcoin kingpin. It's just one regulator covering just the US. If you take into consideration that the far majority of the demand is coming from Asia, it makes way more sense to have regulators there approve an actual coin backed fund.
An Asian ETF would logically generate more investor interest than one launched within the US. If US institutions were really that horny on coin backed funds, they would literally flood Coinbase with their index fund, but it's not happening. Perhaps a clear sign that the interest might not be there?
By the time the SEC finally approves an ETF, you'll have various ETF's on the market all competing for their cut of the volume pie.
October 01, 2018, 04:06:56 AM
nudiustertian? LOL.
And then later you will see that the bullish prediction has something to do with ETF's approval. When are people gonna learn that ETF might not be ratified this year and this technical indicators are just following the sentiments of investors. And there's this theory that during weekends there seems to be a selling pattern as people needs cash to spend with families in this 2 days off.
And then later you will see that the bullish prediction has something to do with ETF's approval. When are people gonna learn that ETF might not be ratified this year and this technical indicators are just following the sentiments of investors. And there's this theory that during weekends there seems to be a selling pattern as people needs cash to spend with families in this 2 days off.
SEC will not aprove a ETF that will buy actual bitcoins. the one they might with a 10% change aprove is one that is betting on the price with futures.
but not buying bitcoins.
and on the weekends the price drops becouse bitcoin on sale has to be payed in fiat and fiat wont be moved on weekends. at least not for a usual customer.
means me as a normal user would not place a buy order on a weekend. id not be able to pay fast.
October 01, 2018, 03:29:56 AM
when a journalist has nothing to write about, he writes about bitcoin price
As a bitcoin news writer I can confirm this as true. That's the thing about the price: its always either going up, or down, or even when its sideways you can write about that too. It takes effort to find good material to write about sometimes.
Our TA guy just pulls magic bunny rabbits out of his ass 3 times a week and gets paid decently for it.
October 01, 2018, 03:03:41 AM
nudiustertian? LOL.
And then later you will see that the bullish prediction has something to do with ETF's approval. When are people gonna learn that ETF might not be ratified this year and this technical indicators are just following the sentiments of investors. And there's this theory that during weekends there seems to be a selling pattern as people needs cash to spend with families in this 2 days off.
And then later you will see that the bullish prediction has something to do with ETF's approval. When are people gonna learn that ETF might not be ratified this year and this technical indicators are just following the sentiments of investors. And there's this theory that during weekends there seems to be a selling pattern as people needs cash to spend with families in this 2 days off.
Yeah, lots of laughs. veleten even went into deeper reading and pulled out yet more thesaurus-worthy news writing, with generous sprinklings of latin phrases. Again, not intending to pick on language, I'm hardly the best at writing and I think it's good to flex vocabulary, but yeah. If we can't find something to write about that's newsworthy, can we not keep forcing the issue with Bitcoin price, ETFs, speculative patterns and amateur TA? We already have a Speculation thread...
P.S. I always sell my Bitcoin latest by Wednesday if I need cash for the family time on weekend and that's on P2P. I'd like to know which exchange sends people fiat over the weekend
September 30, 2018, 10:17:39 PM
nudiustertian? LOL.
And then later you will see that the bullish prediction has something to do with ETF's approval. When are people gonna learn that ETF might not be ratified this year and this technical indicators are just following the sentiments of investors. And there's this theory that during weekends there seems to be a selling pattern as people needs cash to spend with families in this 2 days off.
And then later you will see that the bullish prediction has something to do with ETF's approval. When are people gonna learn that ETF might not be ratified this year and this technical indicators are just following the sentiments of investors. And there's this theory that during weekends there seems to be a selling pattern as people needs cash to spend with families in this 2 days off.
September 30, 2018, 05:02:33 PM
Ofcourse if you asking to the people about bitcoin for this week want to achieve
Absolutely nothing doubt people hoping for bull run not expecting for negative
People are always give negative speculation for bitcoin but ofcourse more times are failed for the expectation
Bu we should inow time has come for us just hold your faith and support continue to bitcoin
Absolutely nothing doubt people hoping for bull run not expecting for negative
People are always give negative speculation for bitcoin but ofcourse more times are failed for the expectation
Bu we should inow time has come for us just hold your faith and support continue to bitcoin
September 30, 2018, 02:21:45 PM
I find it funny that those journalist traders especially the one on Coindesk are always wrong. When they're saying that we're forming a bullish pattern bitcoin goes down and when they're saying that we're in a dire situation the market doesn't care and goes up. If you want to follow the price do it by yourself don't follow them.
September 30, 2018, 12:20:58 PM
a very nudiustertian article, a prime example of "when a cat has nothing to do,he licks his balls,
when a journalist has nothing to write about, he writes about bitcoin price"
then he sums up his findings: bulls run is imminent, just because one of the sh...altcoin creators told him so
really? I don't think his techanlysis is adequate enough to be judging
loved this part too: "A Bitcoin (BTC) ETF is one that imitates the price of several popular Cryptocurrency. Albeit, no BTC ETFs have been ratified by regulatory agencies as per now. "
probably in his adoration for the word nudiusterian the journalist mixed up the word limits and imitates
when a journalist has nothing to write about, he writes about bitcoin price"
then he sums up his findings: bulls run is imminent, just because one of the sh...altcoin creators told him so
really? I don't think his techanlysis is adequate enough to be judging
loved this part too: "A Bitcoin (BTC) ETF is one that imitates the price of several popular Cryptocurrency. Albeit, no BTC ETFs have been ratified by regulatory agencies as per now. "
probably in his adoration for the word nudiusterian the journalist mixed up the word limits and imitates
September 30, 2018, 11:40:03 AM
I know I shouldn't pick on the journalist's discovery of new words but to use "nudiustertian" twice in consecutive sentences just threw me off. Could have just achieved the same by saying Friday or even 28 September, but hasn't Friday trends always been shown up on the weekend with Bitcoin? RSI is a tough call to make for such a short 2/3 day time frame too, I think, and if this is the straw we're grabbing at to again make the tired call for an imminent bull run, then get ready for more disappointment.
I wouldn't call anything soaring until we can sustain double-digit percentage growth of volume for at least a month!
I wouldn't call anything soaring until we can sustain double-digit percentage growth of volume for at least a month!
September 30, 2018, 09:06:29 AM
Bitcoin is sealing a bullish week. The market capitalisation of digital currencies is back over $220 billion at press time, and several Altcoins have also registered a bullish week.
September 30, Bitcoin (BTC) has rediscovered on significant volume and is presently exchanging hands at $6,632. Price and RSI have created consecutive higher lows, but the most nudiustertian trends seem to have priced in a lower high. After the nudiustertian bullish trends, the MACD is reaching a centerline crossover to upside serving as a sign of soaring buyer momentum.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-bullish-or-bearish-as-weekend-ends-is-bull-run-imminent/
September 30, Bitcoin (BTC) has rediscovered on significant volume and is presently exchanging hands at $6,632. Price and RSI have created consecutive higher lows, but the most nudiustertian trends seem to have priced in a lower high. After the nudiustertian bullish trends, the MACD is reaching a centerline crossover to upside serving as a sign of soaring buyer momentum.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-bullish-or-bearish-as-weekend-ends-is-bull-run-imminent/
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