This is what Bitcoin holders are waiting for, after the Bitcoin price correction a few days ago, finally Bitcoin is starting to bullrun again. Even now
very quickly the Bitcoin price can reach a price of $ 59k, it is only a matter of time for the Bitcoin price to return to its ATH price of $ 61k.
If Bitcoin manages to hit the price of $ 61k, I believe the bullrun will continue its path towards its next target. So now is the important moment
to be patient holding with the Bitcoin that we have, based on my analysis it should be possible for Bitcoin to return to a price of $ 61k this week.
Topic: 2nd Part of the big bullrun is starting now (Read 312 times)
Looking like we starting stage 2 of the big bullrun, target 89k
It is already bitcoin characteristic when bitcoin price passed its previous all time hige then we will see a huge increase. As we have seen when bitcoin price passed $20.000 and just a few days its price is already reached $40.000. And then, its price just make a sideaway market at $40.000 and need several week to breaken out the box line, after the price passed $40.000 then we already seen its price has reached $62.000. That mean I believe when bitcoin price passed $62.000 and we will see a huge increase from that area, yeah $83.000 is reasonable to be reached even we can say $100.000 as the next target.
Yes, by looking at this chart, we're not done with the first leg of the 4 year cycle.
Maybe we can have a picture by 2022 then or least hitting 6 digits before we can say that we're on the 2nd part of the cycle.
https://twitter.com/ChartsBtc/status/1376265659286347776/photo/1
Maybe we can have a picture by 2022 then or least hitting 6 digits before we can say that we're on the 2nd part of the cycle.
https://twitter.com/ChartsBtc/status/1376265659286347776/photo/1
That's a nice graph. And looking at it, we are seeing hundreds of thousands of dollars here in the very near future, if it will follow the same trend. But all in all, this year really surprises a lot of people. The price boost is really great. If more and more institutions will buy btc and more companies integrate btc payment method, we are really heading to good adoption. And eventually, more demand and so the price increase. Such chart is not impossible to happen.
Yes, by looking at this chart, we're not done with the first leg of the 4 year cycle.
Maybe we can have a picture by 2022 then or least hitting 6 digits before we can say that we're on the 2nd part of the cycle.
https://twitter.com/ChartsBtc/status/1376265659286347776/photo/1
Maybe we can have a picture by 2022 then or least hitting 6 digits before we can say that we're on the 2nd part of the cycle.
https://twitter.com/ChartsBtc/status/1376265659286347776/photo/1
Edit:
Things are getting tougher since bitcoin faces the big bull at 58000. The price is in the hyper volatility which we do not know which direction it will follow next
That's what I like about the high volatility level where we only bet there is the first second and the next minute speculation and analysis just doesn't work in the field of bullrun price movements. sometimes this triggers adrenaline which is very draining the mind. As a bitcoin holder, I don't really think about how the bullrun phenomenon this time will make a person's psychological power become like a heartbeat that is 100x faster every second.
Looking like we starting stage 2 of the big bullrun, target 89k
Are you kidding? Stage2?
We're right in the middle of stage 1.
$89k?
At least 6 digits. Quite likely $300k-$350k maybe more.
Looking like we starting stage 2 of the big bullrun, target 89k
Well, looking at the current price it reaches $59k once again though I'm not sure if this is the right indication of the 2nd phase of the bull run but I hope so. Nevertheless, pretty sure Bitcoin is not yet done so sooner or later we will back on track just be patient and keep holding. $89k seems possible however I think reaching $70k is much feasible after the break of this resistance. If the resistance brake this week there's a possibility for us to see Bitcoin in a new ATH.
Seems to be in the right track. Bitcoin continue to move positively,
If more strong support to hold and more good news to show up, it's very possible that we will be able to witness another new ATH,
Still bullish and with more investors to come along, the value will also move according to the trends, keep holding if you are not in need and you treat this as your long term investment.
Looking like we starting stage 2 of the big bullrun, target 89k
Well, looking at the current price it reaches $59k once again though I'm not sure if this is the right indication of the 2nd phase of the bull run but I hope so. Nevertheless, pretty sure Bitcoin is not yet done so sooner or later we will back on track just be patient and keep holding. $89k seems possible however I think reaching $70k is much feasible after the break of this resistance. If the resistance brake this week there's a possibility for us to see Bitcoin in a new ATH.
There is a CME gap between 54.5k and 55k so I'm hoping to get that filled first before we reach a new ATH. Even though those gaps are not always filled, having those is giving me anxiety if we are on the peak like 70k per bitcoin or higher. The correction would be massive and alts would also bleed worse if this happens. They say there are also gap in 3.5k and below 30K but I don't expect those to be filled because many institutions bought bitcoin at 40k level.
pfffft - CME gaps! who cares about those? there have been gaps before which have
not been filled and still we continue up. In this bull market there will be more gaps created
as the price rises with more buy pressure. I would say most people here dont care about
those gaps.
There is a CME gap between 54.5k and 55k so I'm hoping to get that filled first before we reach a new ATH. Even though those gaps are not always filled, having those is giving me anxiety if we are on the peak like 70k per bitcoin or higher. The correction would be massive and alts would also bleed worse if this happens. They say there are also gap in 3.5k and below 30K but I don't expect those to be filled because many institutions bought bitcoin at 40k level.
pfffft - CME gaps! who cares about those? there have been gaps before which have
not been filled and still we continue up. In this bull market there will be more gaps created
as the price rises with more buy pressure. I would say most people here dont care about
those gaps.
There is a CME gap between 54.5k and 55k so I'm hoping to get that filled first before we reach a new ATH. Even though those gaps are not always filled, having those is giving me anxiety if we are on the peak like 70k per bitcoin or higher. The correction would be massive and alts would also bleed worse if this happens. They say there are also gap in 3.5k and below 30K but I don't expect those to be filled because many institutions bought bitcoin at 40k level.
Everything looks good to another new ATH, but you have to be careful, in upward trends you always have to watch and be checking the millionaire portfolios to see how they move, in 2017 it was key to see them, now if it increases a lot it is because it could be entering Institutional money, but when you see in the graph I see a lot of sales, maybe if a whale is entering it is eliminating all the offer, if it eliminates it I think it will not find much obstacle and the price will rise to very good levels of new prices, We could hope that the price is around $ 68k is not bad, also after the favorable news that have occurred in China this has helped the market much more, the important thing is to stay calm and not fall into FOMO.
It is not 2nd, it is probably somewhere around 30th to 40th part of the bull run because that is how bitcoin bull runs have always been. They start after the bear market ends (in this case after bitcoin reached $3200 back in Jan 2019) and then continue to slowly rise up. Now each time price sets a new high there will be a correction that could last a week or two. Or sometimes we may see some panic sells and FUD that prolong the accumulation but that doesn't split the bull market into 2 parts, it is the same trend.
That is what have been seeing the past month and will see again after price goes past $75k.
That is what have been seeing the past month and will see again after price goes past $75k.
With the return of the Bitcoin price to $ 58k, it is indeed an indication of another bullrun. The $ 89k target is still too high for Bitcoin to reach
in the near future, maybe the $ 70k target is still a little realistic to reach at first. We are still waiting for Bitcoin to try to cross the $ 60k resistance,
if it manages to return to the $ 61k price in the near future. Then the Bitcoin price should immediately be pumped to the next target.
What for now, all we have to do is just HODL the Bitcoin that we have and be a little patient waiting for the Bitcoin price to rise even higher.
in the near future, maybe the $ 70k target is still a little realistic to reach at first. We are still waiting for Bitcoin to try to cross the $ 60k resistance,
if it manages to return to the $ 61k price in the near future. Then the Bitcoin price should immediately be pumped to the next target.
What for now, all we have to do is just HODL the Bitcoin that we have and be a little patient waiting for the Bitcoin price to rise even higher.
Yeah definitely looks like we could see the price start rising again at some point in April. Could see high 5 digits become the norm for a few months, then see new retail investors and institutions alike get used to a high five digit price, and push over $100k sometime this summer.
April will be a boom for BTC and I am not expecting anything less than a target price of 81K or beyond. The year 2021 might be a year of bull run as I don't see this ending soon.
True, I remember 2018, right after April fools, we have 3 whales coordinating a pump, pushing the price, something like that. I'm not saying that there could be someone that will do that again because we are already in a bull run, but April as contrast to the March, has a lot of price movement.
But let's not jump here, a good $70k in April is good enough for us, we still have a lot of room to wiggle to make it to $80k-$100k this year. Let's not push the boundaries, the market will eventually get to the price we wanted, but we want it not to be artificial and flow its natural course.
April will be a boom for BTC and I am not expecting anything less than a target price of 81K or beyond. The year 2021 might be a year of bull run as I don't see this ending soon.
I wanted to believed that we are about to start the second leg of the bull run, however, did everyone saw bitcoin's dominance <60%? I haven't seen it since maybe October or earlier last year. I know that it is not a good indicator, but I'm just surprise to see it going down this March, perhaps the curse of March.
$89k though might take some time, it's obvious by now that the next target should be in the $70k'ish. It will take a lot of institutional money again to flow to push the price to $89k.
$89k though might take some time, it's obvious by now that the next target should be in the $70k'ish. It will take a lot of institutional money again to flow to push the price to $89k.
Looking like we starting stage 2 of the big bullrun, target 89k
I just wanted to take a break for now, because we've been through a lot of challenging days since last week. The price has been declining badly but eventually recovering as of today. Hopefully in April we will able to see another green days to initiate, even though that bullrun isn't accurately going to exist again.
Looking like we starting stage 2 of the big bullrun, target 89k
Big resistance along the $60k line, if we did break it this week, then we might see a good run to $65k-$71k first before getting to $89k.
I would say though that the heavy resistance is perhaps due to some weak hands selling off, was watching the trade in Binance, it went as high as $58,100 and thought that it will go and continue, but suddenly huge waves of sell order, thinking this could be bots as well. So let's see, another day at the office this Tuesday.
ah there will always be resistance to key price points, we will see it again at $65k and $70k, and beyond.
Quote
Looking like we starting stage 2 of the big bullrun, target 89k
no its the same bull run, we are just starting another month, April - which historically is one of
Bitcoins big rally months.
...with historical bitcoin price data showing March losses are often followed by an April rally, bitcoin traders and investors are feeling upbeat.
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