Are the bulls back? - page 15. | Bitcointalksearch.org

apa don

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Quote from: RILWAN on June 28, 2021, 02:36:05 PM

Some good news is coming into the crypto market, the fact that the market look green is an indication of a good start to the week. The bull may not be back in full force but I know some great recovery is underway.

Yes, that's what's happening now and I'm watching now, but think about it the other way around, if the bull comes in full force then everything will change, and the market in crypto will drop drastically like the previous years.

Viscore

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Quote from: EmmaGod on June 28, 2021, 03:38:46 PM

I really can't say the bulls are back, though we've witnessed some bullish trend in the market today. The market would need to be bullish consistently before we can say the bull is back. I personally would love to see the bull run again and I'm having a good feeling that the month of July would be awesome for the cryptocurrency industry.

I think its more of a bullish trap or just a time for a little increase then back to its normal bearish trend. We just have to wait for another few days so we can be sure if we are starting to be bullish again or just another price correction.

For now, it's good to hodl our coins and do not fall for panic selling. If this price will continue to keep increasing few days from now, then maybe we can conclude that we have passed the bearish trend and is now starting to be bullish again. So let's just wait and see.

gabbie2010

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Quote from: Kelvinid on June 28, 2021, 08:10:13 AM

Quote from: HashingTower on June 28, 2021, 04:00:10 AM

What the heck is happening Shocked

? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

Don't get excited mate, it soon to come but too early to say that we are heading for another Bullish season. Try looking around and you will able to see that many altcoins are still in the red. Maybe, just maybe if the momentum will continue but we need some more time to know where this current trend will be going. Anyways, we only just have two possible ends, up and down.

Maybe the market is experiencing a bullish trap, because there is no clear indication that the price has resume bullish run, it is obvious that there are always price crashing during the weekend, probably because tthis is new beginning of the week I hope the present bullish trend is sustained else we will back or continue with bearish run the market had been experiencing for some time due to negative fundamental news that came from China I hope the goods news from Elsalvador adoption of Bitcoin will open the market once again

EmmaGod

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I really can't say the bulls are back, though we've witnessed some bullish trend in the market today. The market would need to be bullish consistently before we can say the bull is back. I personally would love to see the bull run again and I'm having a good feeling that the month of July would be awesome for the cryptocurrency industry.

Chuky92

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I don't even know what to say or what to believe, some are still believing that it will dip again while others say it is a trap, but the funny thing is, the more they predict, the more the market keeps going green; this reminds me when some people says BTC hardly obeys any chart or predictions.
Nevertheless, I wouldn't say it's wise to jump in now to buy your desired coins, I mean, if you didn't buy in bits when the market was down, then doing so now might not be a nice idea. Also, one thing about Bitcoin most times is, it tends to give a good entry to buy some coins, so I think it would be better to wait, catch the dip and buy in bits or at intervals.
Lastly, calling bulls, one should see Bitcoin above $40k, this will lead to fomo as people will rush to buy back.

wxa7115

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Quote from: HashingTower on June 28, 2021, 04:00:10 AM

What the heck is happening Shocked

? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

Too soon to tell with any degree of accuracy, in fact the previous days had been so bad that people were getting worried we could finally close below the 30k level and this could be a signal that a new drop was imminent.

Fortunately this did not happened but the price is still trapped and it is ranging, however I and many people believe we are in an accumulation period and the bull market will appear once again during this year, however you need to be prepared to endure the current conditions for months if you want to have a chance to be part of it.

isaac_clarke22

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Quote from: HashingTower on June 28, 2021, 04:00:10 AM

~

Too early to tell.
It is still stabilizing above 34k. We at least got that for now.
Could be profitable for day traders imo.

jostorres

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Quote from: Digital_Lord on June 28, 2021, 02:47:11 PM

BTC should cross 41k$ in the bull run but it is only at 34k$. All altcoins have increased only 8-11%. The bull run will come soon but this is not bull run. we have to wait until December to see bull market.

This December should be a time where we may see the conclusion of bull market; I mean we can confirm the bull market once bitcoin prices are trading stable above $40k to $45k levels and we do not need time till December month to witness a bullish action again in this crypto space. I believe and understand that you are talking about bitcoin bullish trend.

For the case of altcoin's bullish trend, probably you might be right because like in 2017, this time also altcoin bullish trend may come into effect once bitcoin's bullish mode comes to a conclusion. Still, first we need bitcoin to enter into bullish trend and then altcoin markets will follow bitcoin's trend.

Digital_Lord

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I don't think the bull market has started. Because this is the only correction. BTC should cross 41k$ in the bull run but it is only at 34k$. All altcoins have increased only 8-11%. The bull run will come soon but this is not bull run. we have to wait until December to see bull market.

RILWAN

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Some good news is coming into the crypto market, the fact that the market look green is an indication of a good start to the week. The bull may not be back in full force but I know some great recovery is underway.

bitgolden

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Quote from: HashingTower on June 28, 2021, 04:00:10 AM

The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

This is going to be the end of first half of 2021 and we are going to enter into the second half of 2021 in next few days and in this kind of scenario, I have seen bitcoin market is usually trading in green to welcome a new beginning. So, due to sentiment itself, bitcoin market got the power to switch over to bullish mode regardless of how badly some negative news had impacted in recent times.

Quote from: zasad@ on June 28, 2021, 04:45:48 AM

Many traders say the price drop to $ 31,000 is more likely.

$31k may not happen anymore as it seems we just begin the new rally which may lead to $100k in coming months. I may sound like most other people here but I still believe that $100k/$200k highly possible still I must need to agree for all these to happen, first we need $40k to happen and to hold for a while.

ipanks

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The bulls will come back, but I am not sure if it is happening now because the price still does not increase. But if the price can jump fast and break $35k-$38k or even break $40k, that means the bull is coming and you can prepare to sell your bitcoin. But if the situation will come back to the situation before showing the low price, then the bull is not coming and we need to be more patient. I am sure the bull will comes again, no matter if that needs longer.

But if the situation will be up and down, I think that will be your chance to buy low and sell high because you can use that to make a profit. But be careful because we do not know what will happen to the market.

Mahdirakib

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Quote from: zasad@ on June 28, 2021, 04:45:48 AM

Do not draw conclusions over several days of trading.
Bitcoin price needs to grow over $ 40,000 for the market to be truly bullish. ~

Besides that, there shouldn't be any bad news and FUD regarding crypto market for several weeks. It will help the market to stay stable and not go down much. Meanwhile some positive news will help to make the market bullish again. Recently we have heard few many bad news and seen several FUD about crypto market. So I think it same like you, we shouldn't expect the bull trend now by observing a short term price movement.

Mistafreeze

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Is the bull market back sound like rhetorical with not definite answer. No one knows what the about is about to display or confirm but we'll are still affirmative of the market going bullish for the benefit of those who still have some Bitcoin to sell to market before going Bearish. This is why investors are always faced with the problem of the market going Bearish especially when their funds are retracing to loses.
The bullish trend is not yet back like we all know that anything that goes up must come down just like hiw price movement fluctuate.

Refrumatrix

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Bulls did all they could and push BTC up to 60k tell me how this isn't a grand breaking result that will forever be talked about in and out of crypto space so now there will be a consequence for that which is the return of the bears, don't be deceived by don't few gains the market is showing now

Review Master

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Quote from: HashingTower on June 28, 2021, 04:00:10 AM

are the bulls back or what?

TBH, bitcoin is doing sideways movement as of now because of the strong resistance level as well as unwanted fuds from everywhere. Though bulls are trying their best from the starting of this sideways movement, but fuds aren't stopped to circulate into market. Whenever fuds started to circulate, bears got more chance to dump the market. Also market became greenish whenever those fuds are gone and good news started to spread in the market. That's why we need to be aware of the strong resistance from $35.2k to $40.6k as of now. Wink

tvplus006

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Quote from: ScamViruS on June 28, 2021, 11:37:46 AM

It will be very difficult to say right now, because the Bitcoin market has a few major resistances to go uptrend, if those resistances can be broken then we can expect something positive. If Bitcoin can go to $40k+ in the coming days, then there could be a positive trend for short-term traders. But now that the Bitcoin market is in that position, the price of Bitcoin can go anywhere from this position...

Bitcoin has reached the price of $40 thousand several times, but each time investors who bought around $30 thousand began to fix their profits at this mark. Getting a quick 30% profit is a good result. It is possible that with a new achievement of $40 thousand, investors will start selling BTC again, which will entail another price reduction.

Kez1817

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Quote from: HashingTower on June 28, 2021, 04:00:10 AM

What the heck is happening Shocked

? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?
[/quote

I think it's just a small pump and it will dump again. Well, let's see the market movement for the next couple of days if it will remain in a greenish day. If it will not going back to low again, maybe it is the start of bull market. If there will be another good news to be spread by some crypto influencer, then it will help the market to continue to rise. For now, I just ride on the current market, buy and hold.

bitkanu

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Not yet, this called a bounce back but we didn't yet enter another bullish trend again. I should remind you that a few weeks ago we have experienced the same thing that makes the price of bitcoin jumped to the 40k but it was going down again to the 30k. it's too fast to call the bullish trend without any big even that will come soon.
This is not a bullish trend but the price recovery is just a common thing right now dude.
You can also check it the hourly chart.

sheenshane

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Quote from: HashingTower on June 28, 2021, 04:00:10 AM

What the heck is happening Shocked

? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

If you're a day trader, I wouldn't blame you if you were happy to see the market price get spiked after seeing a long drop in all crypto prices. I hope you enjoyed while seeing big greenish candles. But if you're a long-term holder, it's too early to celebrate that there's a bull trend because there's no clear cause of this sudden price surge in the market.

It seems always like this, after resistance it's expected that there's a long drop again, but if the price will break at the range of $40k, it might a good sign to call the market a bullish one. For now, it's really hard to predict, much better if font looks at the market if you're a long-term holder. Because there's a guarantee on the Bitcoin price, it will be growing up because of the ongoing mass adoption and institutional investors keep investing in Bitcoin.

There's more pullback if you will keep holding Bitcoin.

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