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Topic: Are the bulls back? - page 17. (Read 3423 times)

hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
June 28, 2021, 07:56:52 AM
#10
Well if you are going to ask me then I would say that it is not yet the time for us to make a conclusion that the we are experiencing another bull period. We do not know yet if this greens that we are looking on many coins are going to last long or not. There are still people speculating that the cryptos will go down further into something like 10 to 20 percent more before it stabilizes. But these are just speculations from colleagues and peers who also do crypto so it is not really solid info. Be careful, we are not into the good times yet.
full member
Activity: 2058
Merit: 100
Chainjoes.com
June 28, 2021, 07:50:12 AM
#9
Market improves a little bit still moving in some ranges for me buying will start when Btc will break 43000$ level and before that, I will not take risk of buying any coins. The movement you saw can reverse again so wait for some more time to decide. The market is running sideways let's wait for another breakout then decide. If you want to buy you can consider partial buying unless bullish confirmation according to the charts.
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
June 28, 2021, 07:30:30 AM
#8
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?

Probably a bull trap. Or maybe just a short term increase. However, I would still believe that we will remain on a long consolidation period with a projected support of $30k and a projected resistance of $36k. The next wave of bull run would begin if BTC could surpass the $42k mark in my opinion but yet again, this is unpredictable and no guarantees whatsoever.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 28, 2021, 07:17:23 AM
#7
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?
At least, that is good news for us because we can back to make a profit after we see the bloody market for some time. If this situation can continue and still increase, it can trigger the bitcoin price to increase more and back to the high price. But we still need to wait for more days to see if the price can have more power to increase. Otherwise, we will see another downtrend in the next few days so we still need to prepare for anything later.
member
Activity: 1764
Merit: 10
June 28, 2021, 06:22:21 AM
#6
Most likely, just small pump, and then there will be another fall of the cryptocurrency market, so we need to wait at least a couple of days or a week and it will already be visible there, but in general I think that most likely the correction of the cryptocurrency market will last at least this whole year at best, therefore for now, I just follow the movements of the cryptocurrency market and I study the various cryptocurrencies in which I will invest later this year.
member
Activity: 196
Merit: 11
June 28, 2021, 04:48:01 AM
#5
Bull trap lol, this doesn't mean that bulls are back honestly bulls need some r Dr and the el Savador news came at the wrong time, if this was announced months ago it would have helped alot but not now
legendary
Activity: 1736
Merit: 4270
June 28, 2021, 04:45:48 AM
#4
Do not draw conclusions over several days of trading.
Bitcoin price needs to grow over $ 40,000 for the market to be truly bullish. In the meantime, there are still risks of Bitcoin price falling to $ 31,000.
Many traders say the price drop to $ 31,000 is more likely.
member
Activity: 120
Merit: 15
June 28, 2021, 04:34:29 AM
#3
Bulls are powerless right now so I think this is just a temporary gains, 6% to 8% recovery doesn't look anywhere good to me, the payback for the bull market since last quarter of 2021 is strong bear market mate don't be deceived.
jr. member
Activity: 75
Merit: 4
June 28, 2021, 04:29:13 AM
#2
Some hours back I saw news about EL Savador buying BTC worth of 135,000,000 USD this is enough to make the market bullish for a while but that doesn't mean bulls are back and this can even be a bull trap, if bears are determined no matter how much money is poured into BTC the bulls won't be back
member
Activity: 285
Merit: 11
$CYBERCASH METAVERSE
June 28, 2021, 04:00:10 AM
#1
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?
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