Are We Witnessing The Start Of Another Bull Run? - page 3.

suzanne5223

hero member

Activity: 2660

Merit: 651

Want top-notch marketing for your project, Hire me

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/

Alot of speculation is still on going about the market and no one is totally sure about the trend which the market will pose but I believe it too early to use the word bull run to qualify the trend posed by the market because the market actually was experiencing surge in price and the trend which the market pose for acouple of week will determine the present of the bull run market.

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

we have been seeing the new bull run for a while now. it is just that people don't want to accept it because they are either new to the market or have become so accustomed to the way things were in 2017 and at the peak of the bitcoin bubble. but the market can not be always like that.
other times we will see this type of slower rises that take a couple of weeks to come to a conclusion specially when it is the start of the reversal and the first step of the rise it will be slower.

and by the way when bitcoin rises, altcoins get dumped they don't go up with bitcoin!!!

Jating

hero member

Activity: 2842

Merit: 772

Quote from: bitcoin31 on April 13, 2019, 06:54:36 AM

Im the witnessed of the bull run in the year 2017, and it's a pleasure again to see the bull run this year. But now the market is quiet and we don't know again will grow but anytime for sure because everymonth bitcoin surprise us and I hope the surprise wl be good.

What do you mean quiet? The market is really making a lot of gains in the last two months now. So I don't know if you can categorically call it a quiet market.

It only becomes boring when the market trade sideways, but since mid February, bitcoin market is moving on the positives which means that slowly, there are people who are getting into the market specially after we bottom at $3200 in November. And if seems that the bull will continue to take over the market again this week as we posted $5150 earlier.

Lawrenzoo

jr. member

Activity: 378

Merit: 2

Quote from: dentolas on April 13, 2019, 02:36:00 AM

Only time will tell... it definitely seems to be the beginning of something, at least of a bull trend, nevertheless, doesn't seem that the bull run is already starting...
It would make sense if it kept this dynamics until December, and then it would arrive the actual bull run...
It still can rise and fall, but I would guess that the bottom is gone...
Hoping for a nice altseason along the year
cheers and good luck Grin

The BULLs really tried kick starting the BULL RUN, on first of april, they laid an example for other to follow which many did too by putting in funds immediately but unfortunately, it came to an end when those who prefer to take profit, forced the price back to bear market again, so it needs more time again to really pick of the pieces back again.

bitcoin31

hero member

Activity: 1834

Merit: 523

Im the witnessed of the bull run in the year 2017, and it's a pleasure again to see the bull run this year. But now the market is quiet and we don't know again will grow but anytime for sure because everymonth bitcoin surprise us and I hope the surprise wl be good.

Bitcoinwaist

copper member

Activity: 228

Merit: 23

imo 2021 at the earliest for the next bull run. unless there is a positive black swan event in the meantime. i think traders and whales are trying to lock in bagholders at $5k+ area then pull the rug out and double bottom at $3k.
a short squeeze isn't a proper start to a bull market like we just had with that $1k pop. It looked orchestrated to me. even if it was one big buy order that means nothing unless there are more like it which I don't see happening. there just isnt any real catalyst right now to justify buying. bitcoin needs new blood in the game and until the bear market is a distant memory for those that sold with heavy losses its going to be a grind. 2014-2017 was the doldrums and I see the same for 2018-2021. i hope im wrong, but even if the bull market is delayed, holders will still make decent returns.

Kasabus

hero member

Activity: 2814

Merit: 576

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.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

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.

dentolas

member

Activity: 854

Merit: 12

arcs-chain.com

Only time will tell... it definitely seems to be the beginning of something, at least of a bull trend, nevertheless, doesn't seem that the bull run is already starting...
It would make sense if it kept this dynamics until December, and then it would arrive the actual bull run...
It still can rise and fall, but I would guess that the bottom is gone...
Hoping for a nice altseason along the year
cheers and good luck Grin

roosbit

member

Activity: 893

Merit: 43

Random coins :)

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.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

Could be, might not. The recent pump we had is a good step towards ending the bear market and signifies a change in things to me, though it's still much too early to be sure. RSI is currently cooling off a little bit on the 1D level (was significantly overbought before we came down from the $5400s rejection) and 1hr bbands are getting tighter on Stamp and most other exchanges, might be another significant move soon. Seems most people including me think this one's going to potentially head down under the $5000s.

jakelyson

legendary

Activity: 2240

Merit: 1069

Apparently, we are having a hard time passing through 5200, the new resistance. Unless we got past that, there will be no bull run. I think the real bull run will start when we hit 6K at least.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Nope, the sudden rise isn't a bull run. We see an unexpected pump and the market rose with a speed that we never thought of. While the market was so sluggish by that time, a probable whale triggered the quick run but I really don't think that this is the start of bull run. But, majority is happy to see that we gain another support price and that run gives everyone confidence that bull can trigger anytime.

muslol67

hero member

Activity: 1582

Merit: 670

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/

What happened in the last days has created a bull effect, but you need to be very careful. Bitcoin had a similar increase, followed by sharp declines. So we all have to be careful.

aad140386

member

Activity: 420

Merit: 20

simply getting the job done

we are. Perhaps this is just a correction after a long fall from 6000 to 3200 for Bitcoin and soon we will see another fall to 2500-3000 for Bitcoin or after a short flat, Bitcoin finally breaks through resistance in the region of 6000 dollars. For some reason, I don’t really believe that Bitcoin will start growing now. For some reason it seems to me that after growth to $ 6,000, we will again see a rather long fall in the area of 2500-3000 and after that a bull market will come, which we all have been waiting for so long.

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

The price has been around $5k for more than a week now, and this is of course a good sign. However, what is not so good is that the trading volume keeps decreasing, and at some point it just won't be enough to support this price. As for the beginning of a bull run, I agree with others that it does not seem very likely at this point. It's great that the price seems stable around $5k, but it's not even the infamous $6k barrier yet. Who knows how much time will pass before it recovers from the Wright's fork, and moving even forward after that is probably not something we should expect to happen in the near future.

waynechong1995

full member

Activity: 644

Merit: 117

swing!

A long term bullrun for me is unlikely, sure its good to speculate a good period where candles are green, but when there's much speculators, combined with a heavy volumes of futures the price movements are less likely predictable in any means (at least for me, i could be very wrong). I see things pretty simple, more adoption, more users on a particular projects would grow like how stock markets did, its just these assets get super volatile on many factors, bullrun is about all greens and heaven which takes a long time for investor to finally realize the value of cryptocurrency that impacted daily lifes

Beerwizzard

full member

Activity: 924

Merit: 148

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/

And now we are witnessing a fast fall of all those altcoins. Correction hit them harder and generally, since the beginning of the year all prices increased on the same amount (maybe altcoins even a bit less than BTC). Also the larger MC the asset got the larger price fluctuations we gonna see. For example it is easier to resell some cheap 1$ pen for 5$ to one person but you won't be able to do it with some thousands of people.

alisafidel58

full member

Activity: 364

Merit: 127

Its called a bull run but it is a mild bull run. You can't compare this tun to the 2017 run where the price hit its ATH. The run this year us just normal because of the of it bearish market that lasts for so many months. There will always be a bull run when there is some major adoption that has been going on within the bitcoin ecosystem.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Yes. We had a significant price pump just a month ago. But does it automatically mean we're in a bull market already? Heck no. Even if the price increase was 3x the recent increase, we can simply immediately drop down harder after a few weeks/months.

Topic: Are We Witnessing The Start Of Another Bull Run? - page 3. (Read 538 times)