Are we back to the bull market? - page 2.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: Em00n01 on October 20, 2020, 10:48:00 PM

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?

Questions like that can't be answered accurately even how good and professional those analysts are.

Their speculation was based on the recent price movement they are seeing. Therefore, their prediction is always a prediction and up to you if you will follow it or not.

And just to remind everyone that we are already in the bull market when the price starts driving upwards to $10,000. It's just it was stopped there, as usual, as building resistance is always tough especially if there's no special thing that can trigger the pump.

Em00n01

full member

Activity: 737

Merit: 104

Quote from: blckhawk on October 27, 2020, 07:05:27 AM

Too early to tell but as of now, Bitcoin is hovering around $13k. It reached up to $13k possibly because of PayPal accepting to purchase Bitcoin and other cryptocurrencies. Bitcoin is gradually increasing and I hope this will continue if that happens then we can now perhaps tell that we are in the Bullish trend.
We might not set a new ATH for this one but we will take it slowly. Just keep procuring and holding guys this will all be rewarded soon.

By reading everyone's comment i'm sure that we are already in bull cycle. Don't know why you've disagreed. But i'm agree with you that this is not the last wave. BTC may go for another correction before making ATH and it may start from the lower low to higher high.

blckhawk

sr. member

Activity: 1554

Merit: 334

Quote from: Em00n01 on October 20, 2020, 10:48:00 PM

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?

Too early to tell but as of now, Bitcoin is hovering around $13k. It reached up to $13k possibly because of PayPal accepting to purchase Bitcoin and other cryptocurrencies. Bitcoin is gradually increasing and I hope this will continue if that happens then we can now perhaps tell that we are in the Bullish trend.
We might not set a new ATH for this one but we will take it slowly. Just keep procuring and holding guys this will all be rewarded soon.

Question123

sr. member

Activity: 1624

Merit: 267

If you do not believe to the bull market will not happens is your choice , I think now we are in the bullish and only 8k dollars and we will reach again the 20k dollars per 1 bitcoin.

Im not over confident to the bitcoin or to the bull market but I know it happen already right now maybe for others it will not happen because they did not see the ATH but there is no need to wait because of what we see is a proof

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: pealr12 on October 26, 2020, 06:17:49 PM

Btc just reached $13k after the news that paypal will accept buying and selling cryptocurrency on thier platform and i think the bullrun will start on december till next year.

What kind of bullrun are you referring to that'll occur and start on December?
Bullrun has already began, the global cryptocurrency market just had more than 16% increase from the last 24 hrs and Btc seems continuing its upward movement, while 50% of the alts are in good figure.
I'm not sure, but some people thinks that "bull market" can be identified if it breaks new ATH.

Em00n01

full member

Activity: 737

Merit: 104

Quote from: BChydro on October 26, 2020, 06:59:52 PM

The bitcoin market is on a bull for a few months and that is nothing new. I am expecting minor corrections along the way and you cannot predict how the global economic situation will be in the next few months and not every country is free from the pandemic, so anything is possible and if you invested when the market gave the opportunity then having the patience to hold for a year will not hurt.

Yes you're right. We may see some good correction from here. Many experts said btc may move after touching lower low to higher high. https://cointelegraph.com/news/paypal-might-issue-its-own-cryptocurrency-soon-says-coinshares-exec/amp

On the other hand, many good news related to crypto also coming.

BChydro

hero member

Activity: 1426

Merit: 506

Quote from: sarmrakib on October 24, 2020, 07:34:33 AM

Exactly we are on bull market now at the moment .The whole market is going through on bullish except few useless coin .I think market will carry this momentum at the end of the year if there is no tragic moment happen .However i thinks its a real back of the market and i am so happy with that .

The bitcoin market is on a bull for a few months and that is nothing new. I am expecting minor corrections along the way and you cannot predict how the global economic situation will be in the next few months and not every country is free from the pandemic, so anything is possible and if you invested when the market gave the opportunity then having the patience to hold for a year will not hurt.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: carlfebz2 on October 26, 2020, 06:27:38 PM

Quote from: pealr12 on October 26, 2020, 06:17:49 PM

Btc just reached $13k after the news that paypal will accept buying and selling cryptocurrency on thier platform and i think the bullrun will start on december till next year.

We need even more this kind of news about big adoption to head up even way more higher.

Well that's quite indicator but not necessary to tell about the whole situation since even before there's no big adoption still bitcoins goes pump crazily, but now maybe we can experience positive changes since are close to the past ATH made in history. And if the price cross to $15k maybe by that we can tell that we are in bull season.

STT

legendary

Activity: 4102

Merit: 1454

The key reason to say otherwise for me is the lack of regular lows and highs that are ascending, that might just be a requirement in form of extremely bullish positive channel but its part of what I want to see before deciding if we are just repeating within ranges.
We rose when they announced positive news but not sure thats enough to call it.

Wavering along the 1hr average at present and we might wait for further momentum to resolve vs resistance levels in this area.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: pealr12 on October 26, 2020, 06:17:49 PM

Btc just reached $13k after the news that paypal will accept buying and selling cryptocurrency on thier platform and i think the bullrun will start on december till next year.

Hard to tell because we cant be sure if there wont be huge sell off in 14k resistance or even on 15k thats why im not really that longing or bringing my hopes up that high speaking
of the new bull run.

We cant tell until we headed up there but for sure it would be a hell of a bumpy ride.For this year then 14-15k price is somewhat realistic compared to those people who
do always look beyond or over ATH which is impossible to happen in a short time.

We need even more this kind of news about big adoption to head up even way more higher.

pealr12

hero member

Activity: 1946

Merit: 502

Btc just reached $13k after the news that paypal will accept buying and selling cryptocurrency on thier platform and i think the bullrun will start on december till next year.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: hahay on October 26, 2020, 02:21:42 PM

It depends because even some people would say bullish even though it was just a regular rise breaking resistance, but in fact it didn't even keep going up.

Determining the rise of bitcoin from the very deep price that it has, everyone will say that we're bullish. Just this year, the lowest was $4,900.
And we've been up to $13,000 so that's still not bullish for some people? Maybe those guys are craving for more and wanting to see such a tremendous growth of the price for bitcoin to say that it's bullish. Well, that won't happen overnight or even at the end of the year. I guess even bitcoin goes to $20,000 these people won't say that it's bullish.

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Quote from: hahay on October 26, 2020, 02:21:42 PM

It depends because even some people would say bullish even though it was just a regular rise breaking resistance, but in fact it didn't even keep going up. Any bulls that occur at least provide a breath of fresh air or a positive impact, and that's what happened recently so even though the price has gone up I'm still not sure if it will make the market bullish any time soon, as the market is still not too strong to reach higher.

Right at this moment, we are still in the $13k range in the market. It's a pretty healthy market but I won't consider that we are in a bullish trend. I guess investors right now are waiting for when the bitcoin price will have a correction price so that they will able to invest again after cutting a few profits last week.

There's no one who can determine that we're back into the bull market, but this is the most anticipated event that people waiting for, they know that bitcoin price will increase in the future.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

It depends because even some people would say bullish even though it was just a regular rise breaking resistance, but in fact it didn't even keep going up. Any bulls that occur at least provide a breath of fresh air or a positive impact, and that's what happened recently so even though the price has gone up I'm still not sure if it will make the market bullish any time soon, as the market is still not too strong to reach higher.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: Hasan986 on October 26, 2020, 08:06:42 AM

Yes, we are in the bull market. But now is not the right time to take entry in BTC Or any Coin. I think BTC will come again at 11000-11500. Then it can be pumped again at 14000-15000. BTC 13k+ now. That's why Maximum Alt Are pumped. At the end of the year we can get 40-50%+ Pump from Maximum Coin in thia bull market.

We cannot confirm about bull market until we don't see any dump for a while and moreover bullrun might not be the same as it was last time because we have experienced too many short-lived bullruns but they turned out to be a major trap set by whales to cashout once the value reached peak and which left many of us losing our principal amount.

Yes, this is not the right moment and then later crib about volatility like people did in 2017, it's better to wait until the market is stable because sudden pump and dump are not good for average users.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Quote from: Yamifoud on October 26, 2020, 10:35:17 AM

Quote from: bitbunnny on October 26, 2020, 07:42:04 AM

At the moment I'm not convinced that we are in bull market. It's still too early to conclude if the price will continue to grow, how much and for how long. To my opinion price will continue to fluctuate and we'll have some price range in between 11k and 12k, maybe even until the end of the year.

Maybe they are so excited but I supposed to think the same with them.
As bitcoin price reaches $10k, I already think that we are already in the bullish season. Because I'd never think that it soars like that despite the economic crisis due to the pandemic situation. We got $10k, $11k, and finally, we got $12k plus, and so much hope for the trend will continue and possibly make for a $14k breakthrough. Of course, I'm not in 100$ believing but I couldn't make myself as well to pull-out my trust in it as it happens already in the previous months.

Bitcoin survived quite a bit in a situation that was in crisis, at first it experienced very deep turmoil when the pandemic had started to attack the whole world so that was the basis for the price of bitcoin in a crisis period but we have all risen and slowly bitcoin has passed high levels plus the trend what happens at this time when a lot of people at home a lot of people want to know and they invest there can be a lot of interest starting so that the price is so strong above 10k and now it is 13k I am sure with a difficult situation bitcoin can survive at a price that is high enough.

Yamifoud

hero member

Activity: 2828

Merit: 518

DGbet.fun - Crypto Sportsbook

Quote from: bitbunnny on October 26, 2020, 07:42:04 AM

At the moment I'm not convinced that we are in bull market. It's still too early to conclude if the price will continue to grow, how much and for how long. To my opinion price will continue to fluctuate and we'll have some price range in between 11k and 12k, maybe even until the end of the year.

Maybe they are so excited but I supposed to think the same with them.
As bitcoin price reaches $10k, I already think that we are already in the bullish season. Because I'd never think that it soars like that despite the economic crisis due to the pandemic situation. We got $10k, $11k, and finally, we got $12k plus, and so much hope for the trend will continue and possibly make for a $14k breakthrough. Of course, I'm not in 100$ believing but I couldn't make myself as well to pull-out my trust in it as it happens already in the previous months.

sarmrakib

full member

Activity: 1292

Merit: 101

Vave.com

Quote from: Em00n01 on October 20, 2020, 10:48:00 PM

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?

All of your answer has got an end cause the market already crossed the level you mentioned 12k$ and now its on 13K$ above .The trend is keep continuing to the uptrend all the news are positive now as i heard that Paypal will issue their own crypto and now the market are moving fast to the uptrend .we can hope to see btc to reach 15K$ soon .

Hasan986

full member

Activity: 416

Merit: 101

Yes, we are in the bull market. But now is not the right time to take entry in BTC Or any Coin. I think BTC will come again at 11000-11500. Then it can be pumped again at 14000-15000. BTC 13k+ now. That's why Maximum Alt Are pumped. At the end of the year we can get 40-50%+ Pump from Maximum Coin in thia bull market.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

At the moment I'm not convinced that we are in bull market. It's still too early to conclude if the price will continue to grow, how much and for how long. To my opinion price will continue to fluctuate and we'll have some price range in between 11k and 12k, maybe even until the end of the year.

Topic: Are we back to the bull market? - page 2. (Read 1131 times)