Are We Witnessing The Start Of Another Bull Run? - page 2.

justspare

hero member

Activity: 1022

Merit: 538

Quote from: Shinpako09 on April 18, 2019, 02:17:15 AM

It could be yes and no since no one really knows what were going to happen. After a drop of few hundred of bucks, btc is gaining back those. Aside from that, good thing is btc showing resistance in $5k and I guess if btc break the barrier of $5.5k, it will continue to $6k and a drop will follow as usual and very normal.

You we investors always have this mindset that there will always be a correction at every increase in price, meanwhile we are the ones using our mindset to control all these things, just like you have the mindset now that the price will drop when it gets to $6000, so many people would have grabbed this figure, waiting for the time to pull off the investment either before / on seeing the $6000, the accumulation of these actions are exactly what brings the price down.

Some of us would want to take advantage of the price then and waiting to buy it back when it falls. There is absolutely no reason for the price of BTC to fall if we don’t sell off our holding, even the ones done by traders does not have much effect as much as investors sell off does.

Kevin77

legendary

Activity: 1652

Merit: 1057

The problem here is that everyone knows resistance can't be strong forever, the higher you go and quicker you go the less resistance you get. Not unlike rockets I suppose (not like I know about rockets). The biggest is right before the bull starts, if you go up a bit that is fine, we can go up a bit all the time that is expected, if you go up a lot than its much better but if you skyrocket than nothing else stops you.

Going from 3800 to 4200 was always easy, going from 4200 to 5+ was hard but achieved, now the point is if we can go above 6+ it will become easier, if we go above 8+ it will be even easier. That is why we can't stop because the longer you stop the harder it gets but the quicker you get there the more unprepared the bears will be and unexpectedly we will reach ATH prices.

klaaas

hero member

Activity: 1568

Merit: 544

Still no dramatically large drops so the bears are accumulating and are waiting for higher gains to drop the bomb again if not the bull is back.

Gaff

hero member

Activity: 924

Merit: 502

Quote from: Cacingkemi on April 18, 2019, 02:39:35 AM

Quote from: Shinpako09 on April 18, 2019, 02:17:15 AM

It could be yes and no since no one really knows what were going to happen. After a drop of few hundred of bucks, btc is gaining back those. Aside from that, good thing is btc showing resistance in $5k and I guess if btc break the barrier of $5.5k, it will continue to $6k and a drop will follow as usual and very normal.

I think 5K resistance is very good for BTC and this indication will definitely bring a new increase above 7K Wink

in the next month, the barrier does't determine the BTC limit instead it will be easily penetrated as it did at the beginning of April.

April days was too thrilling as price attempted more strikes of bull run, and eventually fall back down. But it doesn't stop the strong holders to remain braver even though, they've been starting to shake off their feet on red days after successive increase. However, I do believe that it was just a normal fluctuations that need not to worry all about. I don't expect another start of bull run, all I am longing for was consistent price growth that we will be witnessing this coming May.

LimLims

sr. member

Activity: 1204

Merit: 272

1xbit.com

See dude, first you need to understand that, what kind of coin is Bitcoin.
Bitcoin is really stable and sometimes becomes volatile if you cannot judge it's value properly.
I mean The Price of Bitcoin affects only due to our activities.
If we invest more or buy more then the price increases, and the demand decreases for which the BTC is known as.
So Yes we are witnessing The Start Of Another Bull Run.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Carrelmae10 on April 18, 2019, 12:02:18 AM

..the sudden increase of Bitcoin price in the market doesn't mean that this is the start of a bull run,for as you can see,there is still a constant downfall of its price..the ups and downs of Bitcoins price still leads us to a hope that soon Bitcoin will reach its peak..if there is a continous needs and demands on Bitcoin,probably bull run might take place..

Watch the pattern of bitcoin price movement from the beginning of this year,which looks somewhat upwards with smaller downfall which is a sign of bull run as well but nothing can be said by now because we are too far from the all time high prices of cryptos so it takes time to confirms bull run is happening or not.

Cacingkemi

hero member

Activity: 1484

Merit: 516

Quote from: Shinpako09 on April 18, 2019, 02:17:15 AM

It could be yes and no since no one really knows what were going to happen. After a drop of few hundred of bucks, btc is gaining back those. Aside from that, good thing is btc showing resistance in $5k and I guess if btc break the barrier of $5.5k, it will continue to $6k and a drop will follow as usual and very normal.

I think 5K resistance is very good for BTC and this indication will definitely bring a new increase above 7K Wink

in the next month, the barrier does't determine the BTC limit instead it will be easily penetrated as it did at the beginning of April.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: Carrelmae10 on April 18, 2019, 12:02:18 AM

..the sudden increase of Bitcoin price in the market doesn't mean that this is the start of a bull run,for as you can see,there is still a constant downfall of its price..the ups and downs of Bitcoins price still leads us to a hope that soon Bitcoin will reach its peak..if there is a continous needs and demands on Bitcoin,probably bull run might take place..

up and down is not the same as "downfall"! and this IS the start of the bull run.
what we had was pure rise because what you are calling "downfall" was a simple correction. price went from $3900 to $5500 then it was corrected by going down to $4900 and that is considered a "RISE" not a "downfall". and this trend is a clear indication of the end of the bear market and it is showing how trend is changing into a bull run.

Shinpako09

legendary

Activity: 2058

Merit: 1015

It could be yes and no since no one really knows what were going to happen. After a drop of few hundred of bucks, btc is gaining back those. Aside from that, good thing is btc showing resistance in $5k and I guess if btc break the barrier of $5.5k, it will continue to $6k and a drop will follow as usual and very normal.

Carrelmae10

member

Activity: 588

Merit: 10

..the sudden increase of Bitcoin price in the market doesn't mean that this is the start of a bull run,for as you can see,there is still a constant downfall of its price..the ups and downs of Bitcoins price still leads us to a hope that soon Bitcoin will reach its peak..if there is a continous needs and demands on Bitcoin,probably bull run might take place..

BlueStackz

legendary

Activity: 1204

Merit: 1028

Quote from: roosbit on April 13, 2019, 02:10:31 AM

I don't think this is the start of any bull run as these price movements we are seeing lack the momentum/fuel to launch them to the moon and as far as I know there is no news or generally anything exciting to get the panic buying going.

New is not the only thing that get people into making an investment, the bitcoin system has more to even offer to some people than the investment part, you will agree with me that BTC bull run of 2017 really created lots of awareness, and since then, many people have been developing projects that will have Bitcoin payment system embedded in it as one of the payment processors, so we have some institution that are presently developing their own technology that will incorporate cryptocurrency, which will make us have many adopters of crypto through them, such as Visa, Facebook, twitter and many more.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: iqlimasyadiqa on April 13, 2019, 07:59:05 PM

Quote from: JessicaVL on April 12, 2019, 10:17:33 AM

In early April, we saw Bitcoin’s latest rally of nearly $1000 in just over an hour, taking altcoins along for the ride, namely Ethereum, Ripple and Litecoin. This price surge saw with it trading volumes compared to those witnessed at the peak of the previous bull market.
Read more here: https://www.cryptofish.com/blog/are-we-witnessing-the-start-of-another-bull-run/

That is very possible. Bitcoin prices could have experienced a significant increase. the increase phase is still possible to occur in the near future. Bitcoin prices are currently quite stable in the 5,000USD range. this is the latest level limit and I hope by the end of April we can exceed 6,000USD. nothing is impossible, as long as we support the development of bitcoin then we can reach that level.

considering the size of this rise from the bottom, we are already nearly $2000 or >60% up and that is a significant increase. and although I still say bitcoin is under valued by another $1500 but we can't ignore the pull that day traders have in this market where they are preventing the rise from continuing as they cash out their short term profit and slow down reaching $6k+.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

Quote from: JessicaVL on April 12, 2019, 10:17:33 AM

In early April, we saw Bitcoin’s latest rally of nearly $1000 in just over an hour, taking altcoins along for the ride, namely Ethereum, Ripple and Litecoin. This price surge saw with it trading volumes compared to those witnessed at the peak of the previous bull market.
Read more here: https://www.cryptofish.com/blog/are-we-witnessing-the-start-of-another-bull-run/

That is very possible. Bitcoin prices could have experienced a significant increase. the increase phase is still possible to occur in the near future. Bitcoin prices are currently quite stable in the 5,000USD range. this is the latest level limit and I hope by the end of April we can exceed 6,000USD. nothing is impossible, as long as we support the development of bitcoin then we can reach that level.

wheelz1200

legendary

Activity: 3752

Merit: 1415

It could definately be a quick run up to the next halving I wouldn't be surprised. If global demand keeps expanding the next four years after the halving could be epic in price fluxuation

mrdeposit

hero member

Activity: 1358

Merit: 509

Quote from: Kasabus on April 13, 2019, 04:31:15 AM

Quote from: Cherylstar86 on April 13, 2019, 03:47:27 AM

Quote from: roosbit on April 13, 2019, 02:10:31 AM

I don't think this is the start of any bull run as these price movements we are seeing lack the momentum/fuel to launch them to the moon and as far as I know there is no news or generally anything exciting to get the panic buying going.

I am looking forward the rescent pump is a lead way to overcome from bearishness, thus it's growth may not look good, atleast it has shown a good sign to visionize the possible bull run will appear by this 2019. Just a matter of time and motivational determination, the big occurence of bull run will run its way and what we are witnessing today is accurately profitable.

We can expect a bull market for this year, it's a never ending cycle that we are going to witness again.
After the bear period, it's a bull period, and it take more or less one year for this market to be bullish again, and therefore I have a reason it's bullish time now.

Already, where is demand and supply, stability is impossible. And as you said, the cycle continues.
The continuation of the current increase will be welcomed by all of us. But we do not know whether it is the turn of the bull.

coinplus

legendary

Activity: 1386

Merit: 1058

This could be the early days for it but its just too soon to decide. I mean we are on the path to higher prices thats for sure, the difference between breaking the first barrier upwards and second one is that the second one is almost always easier to break, the third one is even easier, that is why moving from 4k to 10k is harder than moving from 10k to 20k, because between 4k and 10k there are a ton of resistance but between 10k and 20k there are almost none so if you could find the money to break all resistance towards 10k then you can be certain that 20k will come a lot easier afterwards.

We are on the first stages now, if we could actually manage to break more barriers than it will get easier to go upwards and we will break our old all time high prices once again but if we fail than we will stay around these prices for a while.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

Quote from: carlisle1 on April 13, 2019, 10:27:32 AM

With a more than $20 billion Volume in just a day?I guess this is enough reason to think thate are witnessing the start of bullrun,but I don’t wanna take this as a option for entering again unless i see atleast $8k for bitcoin this Q2 then i might be consider

Then again, volume's dropping off to what it was before the massive green candle on April 1 on most fiat exchanges like Coinbase or Bitstamp. Not necessarily the strongest sign that we're out of the bear market yet, but still better than what it was before. Low volume doesn't exactly strike me as a good thing, though we've been going sideways for a bit more than two days now.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: roosbit on April 13, 2019, 02:10:31 AM

I don't think this is the start of any bull run as these price movements we are seeing lack the momentum/fuel to launch them to the moon and as far as I know there is no news or generally anything exciting to get the panic buying going.

It is probably a new rally created by those bigger whales to test the resistance of $5k due to FOMO but so far it is in a stable state as of the moment. At first, i thought it was just another bull trap but sooner or later it stays where it is then i conclude that it is not since it is stable at $5k now.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: JessicaVL on April 12, 2019, 10:17:33 AM

In early April, we saw Bitcoin’s latest rally of nearly $1000 in just over an hour, taking altcoins along for the ride, namely Ethereum, Ripple and Litecoin. This price surge saw with it trading volumes compared to those witnessed at the peak of the previous bull market.
Read more here: https://www.cryptofish.com/blog/are-we-witnessing-the-start-of-another-bull-run/

With a more than $20 billion Volume in just a day?I guess this is enough reason to think thate are witnessing the start of bullrun,but I don’t wanna take this as a option for entering again unless i see atleast $8k for bitcoin this Q2 then i might be consider

Idrisu

sr. member

Activity: 924

Merit: 260

Quote from: JessicaVL on April 12, 2019, 10:17:33 AM

In early April, we saw Bitcoin’s latest rally of nearly $1000 in just over an hour, taking altcoins along for the ride, namely Ethereum, Ripple and Litecoin. This price surge saw with it trading volumes compared to those witnessed at the peak of the previous bull market.
Read more here: https://www.cryptofish.com/blog/are-we-witnessing-the-start-of-another-bull-run/

I do believe like you op that the bull run has commence and most of the popular coins like bitcoin, ethereum, litecoin, bnb, neo, waves and stratis are going to recover soonest and may be in another part of bullish trend that might last for years. The market is in bullish trend for bitcoin and this will soon be transmitted to other coins.

Topic: Are We Witnessing The Start Of Another Bull Run? - page 2. (Read 538 times)