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Topic: Are we now on Crypto bull run? - page 15. (Read 2460 times)

donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
January 25, 2023, 12:30:50 PM
#49
While it feels like we are in the beginning stages of a bull run, it also feels like we made a pretty big move and now we’re seeing profit taking from the short term traders. No idea how long this will continue, but I think it’s pretty bullish if we hit $24K before falling back below $20K. At this point it’s a game to try and tire the leveraged longs out and build some more shorts before making the next big move.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 25, 2023, 11:40:24 AM
#48
It is better to be careful, which is what is needed in every case, one of which is about the current situation, maybe we are enjoying a turning point from 2022, where we were exposed to unfavorable realities in the previous year.
But it looks like we have to be prepared for boomerangs that can hit investors, traders, and myself at any time for the BTC price, which doesn't rule out the price touching $15k.
Just keep trading and investing in stocks, hopefully 2023 will be BITOCIN's ATH
If you want to trade, you must be able to be more thorough in your analysis because the situation has turned unpredictable in which direction bitcoin will move. Sometimes our analysis does not work well, and if we still decide to trade, we will likely suffer losses. Currently, bitcoin is undergoing a correction which could be a good time to buy bitcoin again before the price increases. But don't buy bitcoins in large quantities right away because we don't know if the price will immediately increase after this correction or if it will continue to decline even further. The important thing is that you can prepare the money to buy bitcoin if the price drops again.
member
Activity: 142
Merit: 26
January 25, 2023, 08:40:03 AM
#47
It is better to be careful, which is what is needed in every case, one of which is about the current situation, maybe we are enjoying a turning point from 2022, where we were exposed to unfavorable realities in the previous year.
But it looks like we have to be prepared for boomerangs that can hit investors, traders, and myself at any time for the BTC price, which doesn't rule out the price touching $15k.
Just keep trading and investing in stocks, hopefully 2023 will be BITOCIN's ATH
hero member
Activity: 1764
Merit: 514
Leading Crypto Sports Betting & Casino Platform
January 25, 2023, 07:31:52 AM
#46
Now, I think the market is starting a new cycle. I mean the market is in a recovery state - staying motivated and creating great potential for a bull run. The timing and process is very similar to 2019, the more optimistic signals have returned to bitcoin itself - the only strong driver for the market to break out of the bear phase.

For a long time the market has been affected by various types of bad news. But if we look at the latest US inflation data at the start of 2023, it revealed that CPI fell to 6.5% in December from 7.1% in the previous month. And for this reason, a positive movement has been seen in the cryptomarket and the market is still standing in a good place. Many experts believe that this may be part of Bull run specialty. But the reality is that the market can return to the previous position due to any situation. May be between $15000 and $20000. Based on Bitcoin's cycle and bearish data, i can envision the coming year as a bull run year. The market has given a good signal after a long time which has been consistent since the first day of the year. For this reason Bitcoin may be moving slowly towards a bull market.
sr. member
Activity: 994
Merit: 441
January 25, 2023, 06:25:59 AM
#45
Are we now on crypto bull run or this yet to be go down futher more down than 15500?
The Bitcoin market is an unregulated system. The journey of cryptocurrency market is not very easy. The price of Bitcoin can go up and down at any time. We have passed the year 2022 in a very bad condition. 2022 has been a very bad year for every investor and trader. Two-thirds of investors lost their balances in this disastrous 2022. Investors and traders have found hope in the market in 2023. The Bitcoin market has been pumping since the start of the new year and is currently in the $23k range. It is unlikely that the market will go back to $15,000 again. However, if there is a big shock in the market, then there is a possibility of going to 15 thousand dollars. But invest with confidence. And look forward to the new Bitcoin ATH in 2023 and 2024.
hero member
Activity: 3052
Merit: 651
January 24, 2023, 10:00:23 AM
#44
Lower your expectations. That's the best solution to problems like this. I am joyful that Bitcoin is growing again regardless of the economy still not doing well which means there are still optimistic investors that are willing to risk their savings for a better future.
But it could go way back down again anytime. As a holder I'd probably just keep it, but I won't purchase anymore just to ride the wave. The buying opportunity for me is done and this time it's for those who came back late and forgot to check the price a month ago.
full member
Activity: 812
Merit: 108
January 24, 2023, 09:49:50 AM
#43
Now, I think the market is starting a new cycle. I mean the market is in a recovery state - staying motivated and creating great potential for a bull run. The timing and process is very similar to 2019, the more optimistic signals have returned to bitcoin itself - the only strong driver for the market to break out of the bear phase.
hero member
Activity: 2338
Merit: 737
January 23, 2023, 05:16:22 PM
#42
This is the best scenario since August 2022. When we think bitcoin haven't hit this level for so many months, I feel more hopeful the bear market is staying behind. There are about two weeks of bitcoin's recovery only, but each new day the digital currency goes up, overcoming more and more resistance levels, it means the tendency is for real, decreasing the probability of being a simple bull trap. Let's hope corrections happen is small dosages, so they don't scare investors away.
Small corrections are indeed possible at this time because it has also happened very often in the past when there was a price recovery in Bitcoin although a price increase without a correction is also possible, but it also will not provide an opportunity for those who want to buy at that price. which is slightly lower before taking off to a higher level. This year will indeed be more suitable for the recovery in Bitcoin as it is also very influential to push more investors into the market before next year.
legendary
Activity: 2688
Merit: 1106
DGbet.fun - Crypto Sportsbook
January 23, 2023, 04:25:04 PM
#41
do kwon & sam bankman fried chope the market in 2022 Roll Eyes
Kwon did not chop the market in 2022 because while Luna started crashing until it got to $0.91 Cents the general crypto market was already having a major crash. But  Sam Bankman Fried did chop the market. Bitcoin alone fell by more than 12% hitting a low that was last experienced in November 2020 after FTX collapsed. Kwon Luna responded to the market trend while Sam FTX affected the market.
Through some means the market movement is disturbed and the same is connected with the incidents that took place by that time. As mentioned, if the luna crash haven't happened we would've been sitting at the same position. Just on the collapse of FTX, the market suffered a downturn. Even if that hasn't happened we will be experiencing similar scenario.
newbie
Activity: 23
Merit: 4
January 23, 2023, 11:19:51 AM
#40
Are we now on crypto bull run or this yet to be go down futher more down than 15500?

yes I agree with you talking about the bull run, because looking at data from several timeframes back the price of bitcoin continues to crawl up and has not found a point where it has signs of going down, but however we cannot predict how long this inflation will last will continue to defend with strong walls.
Therefore we also have to be prepared to be tolerant to accept if one day the price drops again.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
January 23, 2023, 10:25:59 AM
#39
do kwon & sam bankman fried chope the market in 2022 Roll Eyes
Kwon did not chop the market in 2022 because while Luna started crashing until it got to $0.91 Cents the general crypto market was already having a major crash. But  Sam Bankman Fried did chop the market. Bitcoin alone fell by more than 12% hitting a low that was last experienced in November 2020 after FTX collapsed. Kwon Luna responded to the market trend while Sam FTX affected the market.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
January 23, 2023, 06:01:29 AM
#38
Are we now on crypto bull run or this yet to be go down futher more down than 15500?

The market says, we are currently increasing in price for Bitcoins. So I think currently falling below 15000$ is quite not possible. This is not exactly a bull run, but yes Bitcoins are trying its best to keep on the pace. If by the end of this month Bitcoin manages to touch 28k usd, then definitely next month will be big for Bitcoins. So I would suggest all my dear friends to buy as many Bitcoins as they can in this current price. If you greed for more and hence wait for more down price, then there is high possibility that you will miss the golden opportunity to buy Bitcoins at cheap. So act accordingly.
I remember last time we are also increasing but then the price unexpectedly dips, this is why some users here are trying to calm those users who are excited about what the market is showing now. They know that this can only be temporary. I think there is nothing wrong when we fall on that $15k level because the halving is still far away and the market is only being generous and it's giving those newbies a good entry but for those who aren't totally new here, they can join it as well.

We only have 8 days left to end the month and I don't think BTC will rise that quick up to $28k. Don't forget it took us a couple of weeks before we climb this new support starting from $17k.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
January 22, 2023, 04:23:27 PM
#37
Are we now on crypto bull run or this yet to be go down futher more down than 15500?
I'm only thinking about recovery this year if you mean Bitcoin or crypto in general. Indeed, it is still too early to consider the increase seen now as a bullrun because it is still too little when compared to the amount of decline that occurred in the past year. So I'm just considering this year to be a recovery year for Bitcoin although the possibility of a correction is also still there because upgrades without corrections also don't happen very often in Bitcoin.
This is the best scenario since August 2022. When we think bitcoin haven't hit this level for so many months, I feel more hopeful the bear market is staying behind. There are about two weeks of bitcoin's recovery only, but each new day the digital currency goes up, overcoming more and more resistance levels, it means the tendency is for real, decreasing the probability of being a simple bull trap. Let's hope corrections happen is small dosages, so they don't scare investors away.
sr. member
Activity: 2016
Merit: 456
January 22, 2023, 02:30:00 PM
#36
Are we now on crypto bull run or this yet to be go down futher more down than 15500?
The crypto market seems to be stabilizing, Although there is a possibility this is a bull trap every trader has. For many that witnessed a downturn throughout 2022 that culminated in the FTX bankruptcy. and very lucky for those who managed to get under $ 20k But, fortunately the crypto market is now starting to rise from the slump we hope that in 2023 it will start getting better again.

I think it's still difficult to say this is a bull run because it's still early to see the market hasn't grown too big, maybe after Q2 has passed.

It may be too early for Bitcoin to enter the bullrun zone but if you think about it and look at it maybe we have passed the bottom, maybe this is a price reversal from FTX crashing which caused the price to fall freely to the bottom last time, we are also still on the verge of a recession which is not certain for sure so there are still many people holding their money to enter the market, but if possible the bullrun cycle shifts to the beginning of the current year, the ATH target may be very high, from ATH $ 69k to over $ 100k.
full member
Activity: 588
Merit: 223
January 22, 2023, 12:29:00 PM
#35
Are we now on crypto bull run or this yet to be go down futher more down than 15500?
The crypto market seems to be stabilizing, Although there is a possibility this is a bull trap every trader has. For many that witnessed a downturn throughout 2022 that culminated in the FTX bankruptcy. and very lucky for those who managed to get under $ 20k But, fortunately the crypto market is now starting to rise from the slump we hope that in 2023 it will start getting better again.

I think it's still difficult to say this is a bull run because it's still early to see the market hasn't grown too big, maybe after Q2 has passed.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
January 22, 2023, 10:15:55 AM
#34
Are we now on crypto bull run or this yet to be go down futher more down than 15500?

Actually it's still too early to say that, but if you master the technical market charts you will find a few good answers, a few days ago we saw chart movements and market analysis per day breaking $ 1k we were in a bullrun which didn't jump significantly, but in we call this a little bull who is trying to take over the market situation, now the price development is continuing, anything in the market will happen, if you are holding we suggest waiting for this month to end, strong analysis The value will be $ 20k and above.

The probability of it falling below $15k is minimal, but this is the Cryptocurrency market the journey is not easy, if this happens of course there is a huge Potential for this to happen, we cannot predict it exactly, but we are paying more attention to it this is a little difficult to happen, we are still sure of the end in january Bitcoin is still above $20k or $25k could be higher. back also to the supply and demand and this is one of the factors that have a huge influence on the price and Value of Bitcoin.
hero member
Activity: 2338
Merit: 737
January 22, 2023, 09:01:48 AM
#33
Are we now on crypto bull run or this yet to be go down futher more down than 15500?
I'm only thinking about recovery this year if you mean Bitcoin or crypto in general. Indeed, it is still too early to consider the increase seen now as a bullrun because it is still too little when compared to the amount of decline that occurred in the past year. So I'm just considering this year to be a recovery year for Bitcoin although the possibility of a correction is also still there because upgrades without corrections also don't happen very often in Bitcoin.
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
January 22, 2023, 07:57:53 AM
#32
Are we now on crypto bull run or this yet to be go down futher more down than 15500?

The market says, we are currently increasing in price for Bitcoins. So I think currently falling below 15000$ is quite not possible. This is not exactly a bull run, but yes Bitcoins are trying its best to keep on the pace. If by the end of this month Bitcoin manages to touch 28k usd, then definitely next month will be big for Bitcoins. So I would suggest all my dear friends to buy as many Bitcoins as they can in this current price. If you greed for more and hence wait for more down price, then there is high possibility that you will miss the golden opportunity to buy Bitcoins at cheap. So act accordingly.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
January 22, 2023, 07:30:14 AM
#31
Are we now on crypto bull run or this yet to be go down futher more down than 15500?
I doubt that. It is hard for the cryptocurrency to recover that fast since it has only been less than 15 months since the bitcoin hit $67,567. So, the current reversal is not a trust indicator for a good buying spot. I'd recommend anyone with the intend to buy bitcoin to stop and wait for a more affordable price (below $17000 or even below $15000)

I do trust the future of bitcoin, but I also trust my technical analysis skill. Right now, I only focus on making money and preparing for the next cycle. THe next one will be very big and we can see the full integration between bitcoin/cryptocurrency and the world economy
hero member
Activity: 3010
Merit: 666
January 22, 2023, 06:32:06 AM
#30
Are we now on crypto bull run or this yet to be go down futher more down than 15500?
I'd see too much emotion happen when seeing the price of Bitcoin rise above $20k in a very short period of time. And people then think about the beginning of the bull market. Might say that the price increase is one sign of getting bullish but there is also another thing we need to look at as well if the price increases are continuous. But as we can see, it only lasts for a few days, and the price of Bitcoin turns below $20k again (we're currently at $19k). That is why we couldn't assume that all the pumps will lead to a bullish market, most of them are just fake.
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