Are you bullish or bearish this year?

MCobian

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Quote from: Ryker1 on August 29, 2021, 04:36:18 PM

Quote from: Japinat on August 29, 2021, 04:27:40 PM

Quote from: 777Jolami on August 28, 2021, 11:49:00 AM

I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready

We reach $50k already but the price did not rise, instead, it dumps back to $46k, so it's another test if it breaks it will stay over $50k. As for me, it looks so bullish on altcoins but not on bitcoin, and I like this kind of market as it's not dull, meaning altcoins could pump anytime while people are not panic because bitcoin is quite stable at the moment.

Well that is normal to bitcoin price movement, after a huge pumping there is a correction but it will always end up with the price growing up if we compared it to the past or previous price. For me, I am still bullish on this year that bitcoin will reach again to the previous ATH, it was $60k the previous AT and perhaps there is a possibility that the price will stay there right after this correction. There are too many factors to consider that the price will rise, bitcoin continuing to spread out and making a noise because of its value.

That's why investing in Bitcoin has a high risk, because the price is very volatile. When the pump is soon to be corrected, it's a normal thing
to happen. Therefore every time Bitcoin experiences a price correction, we must be positive by buying more Bitcoin. Because in the end Bitcoin
will always be bullish and rise to a higher price. I'm like you really hope the Bitcoin price can return to the ATH price soon. If we look at
the price movement of Bitcoin several times trying to cross the $50k price, this is a sign that Bitcoin is still bullish and I believe the bullish trend
will occur until the end of this year.

Golftech

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Quote from: Rasa nanas on August 29, 2021, 11:37:03 PM

Quote from: 777Jolami on August 28, 2021, 11:49:00 AM

I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready

last month's bear market caused bitcoin to lose 50% of its price and it certainly wasn't a bear market like 2018. after that the bitcoin price started to recover and the price went up again. That's an early indication of why many people believe that a bear market will happen again and bitcoin will hit a higher price. but so far the bitcoin price is still stuck in the $50k price range and certainly hasn't passed ATH.

We can only specualte but we can't tell which side the market will go, there are still pressures and influenced

from the different sides of this investment business.

Traders are positive that the market is more strong compared to how it was way back 2017-18, that deep correction
may not happened again and we might see new ATH before this year may end.

South Park

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Quote from: Kemarit on August 25, 2021, 11:08:39 PM

Quote from: StreakW on August 23, 2021, 08:30:27 AM

There are two indicators when we look at the market cycle. We don't know how long this cycle lasts and what percentage of a cycle has increased or decreased, but for now, altcoins are not correct to say that they are still bullish. The movement of crypto assets this year is almost the same as last year. The bullish and bearish crypto assets are still the same as the previous year. The rise and fall of crypto assets will continue for the next few months. This can be seen from crypto assets that show an upward trend in prices.

Forget about altcoins though, they are not the one that is going to push the bullish cycle, on the contrary bitcoin is the main driver and altcoin just follow bitcoins price movement.

Very few people can do this and it is not difficult to understand why this is the case, the majority of the ones that want to see the altcoin market going up significantly during the next months are the ones that have invested in altcoins and despite the evidence that altcoins for the most part follow the price of bitcoin and nothing more, people want to believe that the cause of the next bull market are going to be altcoins but anyone that has taken the time to analyze the market knows this is not true.

Rasa nanas

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Quote from: 777Jolami on August 28, 2021, 11:49:00 AM

I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready

last month's bear market caused bitcoin to lose 50% of its price and it certainly wasn't a bear market like 2018. after that the bitcoin price started to recover and the price went up again. That's an early indication of why many people believe that a bear market will happen again and bitcoin will hit a higher price. but so far the bitcoin price is still stuck in the $50k price range and certainly hasn't passed ATH.

Ryker1

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Quote from: Japinat on August 29, 2021, 04:27:40 PM

Quote from: 777Jolami on August 28, 2021, 11:49:00 AM

I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready

We reach $50k already but the price did not rise, instead, it dumps back to $46k, so it's another test if it breaks it will stay over $50k. As for me, it looks so bullish on altcoins but not on bitcoin, and I like this kind of market as it's not dull, meaning altcoins could pump anytime while people are not panic because bitcoin is quite stable at the moment.

Well that is normal to bitcoin price movement, after a huge pumping there is a correction but it will always end up with the price growing up if we compared it to the past or previous price. For me, I am still bullish on this year that bitcoin will reach again to the previous ATH, it was $60k the previous AT and perhaps there is a possibility that the price will stay there right after this correction. There are too many factors to consider that the price will rise, bitcoin continuing to spread out and making a noise because of its value.

Japinat

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Quote from: 777Jolami on August 28, 2021, 11:49:00 AM

I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready

We reach $50k already but the price did not rise, instead, it dumps back to $46k, so it's another test if it breaks it will stay over $50k. As for me, it looks so bullish on altcoins but not on bitcoin, and I like this kind of market as it's not dull, meaning altcoins could pump anytime while people are not panic because bitcoin is quite stable at the moment.

777Jolami

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I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready

Woodie

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I feel we should be bullish about the market, remember a high of about $65k was set and low of $29k was also made making this the current price range,but because we are closer to the high...a break of this high will affirm this bullish trend and we should be on the verge of making new highs of the market.

With continued government intervention in the crypto environment, things actually look like they are working in favor of bitcoin and all other cryptocurrencies which is another confirmation of market being bullish.

bots1

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In my opinion, both Bitcoin and altcoins will still be driven by positive sentiment and higher adoption as well as the entry of countries or institutions into crypto assets. So the trend of the crypto market will still be bullish even though the volatility will most likely still be relatively high. Therefore, throughout this year it is projected that crypto assets will be in a positive trend.

My advice if you want to buy crypto, choose one with a large market cap, such as Bitcoin and Ethereum because the price is not too volatile. Because if the market cap is small, there is a possibility that it will turn into ashes. Because to maintain the market cap requires trust from the market.

Japinat

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Quote from: kotajikikox on August 26, 2021, 03:13:46 AM

Quote from: Botnake on July 27, 2021, 04:50:59 PM

With the roller-coaster price movement this year, I like to know if what you think about this year's market condition overall.

Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?

Share your thoughts and what's your basis, it will help everyone to decide.

Well this roller coaster rides for the market helps us understand how healthy the market is and also brings profit to many of us , though of course losses to some also comes with it.

I am for bullish not only this year but for the whole season from last year until 2022 .

i don't know but i felt very positive in that span of time , or maybe i was so frustrated when the dump happen early 2020.

Forget about the dump as we are in the bullish market now, dump or long correction is normal in the space and we will probably witness more of that in the future but that would not stop crypto from growing its market. If we are smart, we invest at the right timing and that is always buying during the dip.

kotajikikox

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Quote from: Botnake on July 27, 2021, 04:50:59 PM

With the roller-coaster price movement this year, I like to know if what you think about this year's market condition overall.

Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?

Share your thoughts and what's your basis, it will help everyone to decide.

Well this roller coaster rides for the market helps us understand how healthy the market is and also brings profit to many of us , though of course losses to some also comes with it.

I am for bullish not only this year but for the whole season from last year until 2022 .

i don't know but i felt very positive in that span of time , or maybe i was so frustrated when the dump happen early 2020.

Kemarit

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Quote from: StreakW on August 23, 2021, 08:30:27 AM

There are two indicators when we look at the market cycle. We don't know how long this cycle lasts and what percentage of a cycle has increased or decreased, but for now, altcoins are not correct to say that they are still bullish. The movement of crypto assets this year is almost the same as last year. The bullish and bearish crypto assets are still the same as the previous year. The rise and fall of crypto assets will continue for the next few months. This can be seen from crypto assets that show an upward trend in prices.

Forget about altcoins though, they are not the one that is going to push the bullish cycle, on the contrary bitcoin is the main driver and altcoin just follow bitcoins price movement.

Quote from: leea-1334 on August 24, 2021, 03:07:50 AM

China news? Wait for it in another 2/3 years Roll Eyes

China news will still linger in the crypto sphere no matter what, but the good thing is that we are no longer affected by it because we already know their intentions already. They want to move away from crypto and introduce their own digital Yuan.

South Park

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Quote from: dezoel on August 22, 2021, 01:45:06 PM

I am 100% bullish on this year, this is looking like one of those prime periods when bitcoin could actually break the ATH again and it will not really be a shock to anyone neither. Let's be honest the price is at around 49k right now, we need only a 30% increase in order to break the ATH price and that is really something special, that is something unheard of, and that is why I think it is quite amazing to think about, because I believe that we are going to definitely do a 30% increase, it is nearly a child's play to go up 30% in few months for bitcoin, it could do that in a week, we just had a 60%+ increase in bitcoin in the past 2-3 weeks, we were at around 28k and now we are at 49k, that should tell you how insanely easy for bitcoin to go up that much. I am not saying it WILL do that, all I am saying is if it wants to, it is easier than anyone ever imagines.

Agreed, a new all time high is within reach, after all I do not think the previous ATH is going to behave as it is a great resistance as it it not as if it is in the consciousness of all traders as this impossible to surpass barrier in the same way that the 20k level was, so I think we are bound to see a new all time high during the next months and while some may wonder when that will exactly happen I do not care as I know that no matter what happens I will still be holding my coins whenever this happens.

leea-1334

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Quote from: Furious 7 on August 23, 2021, 03:49:52 AM

Quote from: leea-1334 on August 23, 2021, 02:50:27 AM

But for sure, I have not felt this good or this sure about an upward move for a long time. Not a crazy 2017 run anymore but a slow and sure rise to the top

At the right time now is the time of the year because we have gone through difficult times and in the end it is back rallying with a lot of bad news about China and so on so this really accommodates all directions but the market is able to survive with many investors believing that Exactly the real rally, $50k has been reached the next target is the new ATH, I'm sure this optimism that we maintain can come true.
Because many good opinions about this rally news will continue.

Still not so sure yet, but as I said yesterday,,, more sure than I have felt in a very long time and I am generally always feeling pessimistic. If we can return above $50k today and hold for over 24 hours at least once this week, it will make for a stronger case than ever.

China news? Wait for it in another 2/3 years Roll Eyes

StreakW

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There are two indicators when we look at the market cycle. We don't know how long this cycle lasts and what percentage of a cycle has increased or decreased, but for now, altcoins are not correct to say that they are still bullish. The movement of crypto assets this year is almost the same as last year. The bullish and bearish crypto assets are still the same as the previous year. The rise and fall of crypto assets will continue for the next few months. This can be seen from crypto assets that show an upward trend in prices.

dezoel

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Quote from: Turbolinea on August 22, 2021, 04:17:03 PM

I am 100% bullish this year. Because I don't see any reason to be bearish. It is true that Bitcoin had tough days before this rally or maybe bull market started. I was sick of seeing the price got stuck between $30k and $35k. Now finally, things have changed. Cryptocurrencies are on a huge rise now. This could even be a bull market now. We will understand clearer if the price reaches a new ATH in this period. And I don't expect to see the bear market in this year anymore.

Yeah, I do feel the same way. I have honestly stopped expecting much from the market and I try to react to the circumstances that are on offer. It feels bad when you make a particular prediction and it goes wrong so I rather now see if the bull run has started, then I buy at the start of it and wait till a good price is reached. If the market goes bearish, I sell my coins and preserve the portfolio value and once the price touches the bottom from my understanding, I just buy back all the sold coins.

It doesn't always work great but it's better than making a particular prediction and sticking with it even when things are clearly not working out as expected.

Furious 7

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Quote from: leea-1334 on August 23, 2021, 02:50:27 AM

Quote from: Turbolinea on August 22, 2021, 04:17:03 PM

I am 100% bullish this year. Because I don't see any reason to be bearish. It is true that Bitcoin had tough days before this rally or maybe bull market started. I was sick of seeing the price got stuck between $30k and $35k. Now finally, things have changed. Cryptocurrencies are on a huge rise now. This could even be a bull market now. We will understand clearer if the price reaches a new ATH in this period. And I don't expect to see the bear market in this year anymore.

I am not there at 100%,,, I will never be even 90% sure of any direction. Call it being in crypto for this long and call it a tiredness of being optimistic in the past.

But for sure, I have not felt this good or this sure about an upward move for a long time. Not a crazy 2017 run anymore but a slow and sure rise to the top

At the right time now is the time of the year because we have gone through difficult times and in the end it is back rallying with a lot of bad news about China and so on so this really accommodates all directions but the market is able to survive with many investors believing that Exactly the real rally, $50k has been reached the next target is the new ATH, I'm sure this optimism that we maintain can come true.
Because many good opinions about this rally news will continue.

leea-1334

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Quote from: Turbolinea on August 22, 2021, 04:17:03 PM

I am 100% bullish this year. Because I don't see any reason to be bearish. It is true that Bitcoin had tough days before this rally or maybe bull market started. I was sick of seeing the price got stuck between $30k and $35k. Now finally, things have changed. Cryptocurrencies are on a huge rise now. This could even be a bull market now. We will understand clearer if the price reaches a new ATH in this period. And I don't expect to see the bear market in this year anymore.

I am not there at 100%,,, I will never be even 90% sure of any direction. Call it being in crypto for this long and call it a tiredness of being optimistic in the past.

But for sure, I have not felt this good or this sure about an upward move for a long time. Not a crazy 2017 run anymore but a slow and sure rise to the top

Turbolinea

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I am 100% bullish this year. Because I don't see any reason to be bearish. It is true that Bitcoin had tough days before this rally or maybe bull market started. I was sick of seeing the price got stuck between $30k and $35k. Now finally, things have changed. Cryptocurrencies are on a huge rise now. This could even be a bull market now. We will understand clearer if the price reaches a new ATH in this period. And I don't expect to see the bear market in this year anymore.

Fortify

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Quote from: Botnake on July 27, 2021, 04:50:59 PM

With the roller-coaster price movement this year, I like to know if what you think about this year's market condition overall.

Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?

Share your thoughts and what's your basis, it will help everyone to decide.

Until we start to see the money printers within the biggest economies turned off (or tapered down substantially) then cheap cash is going to keep flowing into any sort of asset available. However history is full of boom and bust - what's weird is we have supposedly recovered from the worst pandemic in about a century and yet the economy in many places is soaring to record highs. That is a very strange place to be from a logical point of view. It would appear that we are still within the "fire fighting" stage of the virus, which may take another year to play out with hopefully no new dangerous variants. It'll only be after things have started to calm down that the shockwaves of huge amounts of borrowing might start to ripple and give us the "bust" part of the economic cycle that Covid managed to almost skip over.

Topic: Are you bullish or bearish this year? (Read 1292 times)