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Topic: Are you bullish or bearish this year? - page 3. (Read 1280 times)

donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
August 19, 2021, 02:18:47 PM
Until the end of the year I believe bullish. I only refer to the 4 year cycle of btc, this proves to be almost the same overall. Maybe for the end of august there will be a correction of some % of btc and from here the bulls will occur again. This is not a prediction but my personal belief.

That seems to be the common belief these days.  The only thing that scares me is that with so many people expecting this outcome, it becomes less likely to come to fruition.  I'm with you though.  The math is undeniable.  I think once the market peaks (likely in December) and begins to drop, it will be a race to the exits like never before.  We all know there will likely be an 80% drop following the next runup.  Once the market gets over $135K we're going to see volatility like never before.  A lot of people playing with leverage are going to lose everything, and a lot of holders are going to make a bundle.  Play it smart. 
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
August 19, 2021, 02:04:18 PM
Until the end of the year I believe bullish. I only refer to the 4 year cycle of btc, this proves to be almost the same overall. Maybe for the end of august there will be a correction of some % of btc and from here the bulls will occur again. This is not a prediction but my personal belief.
legendary
Activity: 3318
Merit: 1128
August 19, 2021, 01:37:06 PM
Different people, different mentalities. Bitcoin is up 15% and everyone says it will reach $100K. Bitcoin drops 10%, everyone says crypto winter is here. Our impatience is preventing us from realizing maximum gains. Almost everyone believes they are going to become millionaires with $500. It doesn't look like that at all. The BTC market requires patience, recently the market capitalization passed $2 Trillion, that's a positive sign.
That will always be like that, I have been here for a long time and I can tell you that with 3% drop people will start making topics on bitcointalk about how the crash is coming, and reverse just like you said. However do you know what the real thing is? I mean we are talking about huge news websites and tv channels and so forth all ended up talking about how "bitcoin is done!" and so forth, like literally saying bitcoin is dying and it is going to be zero on national tv!

This is why I agree that people are crazy whenever they do something like this, I would love to actually believe that bitcoin will be 100k+ as well, but not because it went up or went down, I believe that at all times, without ever stopping. Anyone who makes crazy decisions based on small period of changes then we are going to be very very upset about what happens next.
hero member
Activity: 2128
Merit: 520
August 19, 2021, 12:23:24 PM
I think we are in a bullish market dimension. it's not like 2017 where investors invest only based on hype without knowing what they are investing in, and when the price drops there is a huge panic among new investors which creates a long bear market. but now investors are smarter and understand the crypto market.

From that point, it's more on  a positive side, newcomers are now wise they do their research before throwing thier money

inside this market, unlike back then where fear always behind those newbies with an artificial dumped those traders are easy

being move and losses their money. If we seen more traders who can keep their hope and trust the market bullish will continue

to comes up strong.
full member
Activity: 134
Merit: 147
August 19, 2021, 12:12:35 PM
I am not bullish or bearish this year I think we will hover over the <$60k mark and then we will have a slight correction to the $45-55k zone. I do not think we will set a new ATH this year but next year will be setup nicely and that is when I think we will reach a new ATH and by a big margin. I do not think we will hit $100k next year or if we do there will be a swift correction. I think going up to 100k could do more harm than good right now because a lot of people will sell and that will cause panic among the ranks.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
August 19, 2021, 11:55:21 AM
That's actually what I do and I think it's the most common thing to do when you're a hodler, you can go for either side since you're in the market for the long-term. To be honest though, I wish the prices are going down because I want to buy more so I can accumulate more bitcoin so in the future I can sell it at a higher price when it hopefully goes up exponentially.
I don't know which one could be heard and have its market favor because some are also waiting for the market to get in bullish again while some are also wanting to dump. Because if you are buying crypto during the last ATH, I am sure to say that they are praying to get back at $60k again. But if you are already selling, it was to ask for another bear season. Somewhat it tells that the market will keep unstable forever because of this.

Anyways, this how it looks like and this is the beauty of crypto market. Well, I'd found it so amazing and being unpredictable gives some excitements, IMO.
Actually this option can be chosen which one is right, but for me to buy when it goes down and sell when the price is high there is a slight profit I don't mind as long as it's for and I won't add BTC when my pocket money situation is difficult so I will take advantage of the existing capital so the decision is whether to hold or sell when it is pumped.

The market is unpredictable but we have to have a prediction about this so that this cycle really knows a little which is the right time to take a step, so waiting for a correction/bear is not a problem for sure this will go back down again.
sr. member
Activity: 2156
Merit: 323
August 19, 2021, 11:23:37 AM
At first I was Bullish but am now turning bearish this year. The market had such a good run with the Trump administration.
Also, the corona virus lockdowns attracted many new retail traders to jump into the market and many stocks are significantly overvalued.
I suspect the market will have a correction in the coming year.

Oh no,,, really? I am on the other side actually. After 63k was hit and then we went so badly down even below $30k I though this was the end of the rally but then we are making slow and steady gains.

Today also BTC despite the low price made a new record for market capitalization. This gives me some change of opinion that indeed we could be seeing a further growth until end of year.
Agreed. Different people, different mentalities. Bitcoin is up 15% and everyone says it will reach $100K. Bitcoin drops 10%, everyone says crypto winter is here. Our impatience is preventing us from realizing maximum gains. Almost everyone believes they are going to become millionaires with $500. It doesn't look like that at all. The BTC market requires patience, recently the market capitalization passed $2 Trillion, that's a positive sign.
hero member
Activity: 1316
Merit: 502
August 19, 2021, 11:03:48 AM
I think we are in a bullish market dimension. it's not like 2017 where investors invest only based on hype without knowing what they are investing in, and when the price drops there is a huge panic among new investors which creates a long bear market. but now investors are smarter and understand the crypto market.
Adjacent to the crevice of knowledge that has become more prevalent among crypto users, action comes from banks and hiring criteria from several giants in the tech industry as well as e-commerce and retail, they seem to have a small base for crypto but very clear target of exposure and just need the time to officially compete and gain recognition from a common point of view, bear era will explode. The uptrend will not change but do not think that the green candle will be continuous, it is easy to distort the entry point
hero member
Activity: 2338
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Temporary forum vacation
August 19, 2021, 10:49:26 AM
At first I was Bullish but am now turning bearish this year. The market had such a good run with the Trump administration.
Also, the corona virus lockdowns attracted many new retail traders to jump into the market and many stocks are significantly overvalued.
I suspect the market will have a correction in the coming year.

Oh no,,, really? I am on the other side actually. After 63k was hit and then we went so badly down even below $30k I though this was the end of the rally but then we are making slow and steady gains.

Today also BTC despite the low price made a new record for market capitalization. This gives me some change of opinion that indeed we could be seeing a further growth until end of year.
full member
Activity: 994
Merit: 117
August 19, 2021, 10:49:19 AM
I think we are in a bullish market dimension. it's not like 2017 where investors invest only based on hype without knowing what they are investing in, and when the price drops there is a huge panic among new investors which creates a long bear market. but now investors are smarter and understand the crypto market.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 19, 2021, 10:03:25 AM
~
Both options are better, when bitcoin becomes bullish of course you are ready with BTC which has been collected for 7 months I think this will certainly be a very large number so the potential for being bullish is very convincing to many people.

But if it doesn't cross the support and reverses then you are ready to buy to add more BTC to your wallet, this is indeed a good idea in the worst case you can still buy because this is one of the goals where you are ready for everything including buying willingly low.

Vote many choose bullish
That's actually what I do and I think it's the most common thing to do when you're a hodler, you can go for either side since you're in the market for the long-term. To be honest though, I wish the prices are going down because I want to buy more so I can accumulate more bitcoin so in the future I can sell it at a higher price when it hopefully goes up exponentially.
I don't know which one could be heard and have its market favor because some are also waiting for the market to get in bullish again while some are also wanting to dump. Because if you are buying crypto during the last ATH, I am sure to say that they are praying to get back at $60k again. But if you are already selling, it was to ask for another bear season. Somewhat it tells that the market will keep unstable forever because of this.

Anyways, this how it looks like and this is the beauty of crypto market. Well, I'd found it so amazing and being unpredictable gives some excitements, IMO.
member
Activity: 868
Merit: 63
August 19, 2021, 08:05:08 AM
~
Both options are better, when bitcoin becomes bullish of course you are ready with BTC which has been collected for 7 months I think this will certainly be a very large number so the potential for being bullish is very convincing to many people.

But if it doesn't cross the support and reverses then you are ready to buy to add more BTC to your wallet, this is indeed a good idea in the worst case you can still buy because this is one of the goals where you are ready for everything including buying willingly low.

Vote many choose bullish
That's actually what I do and I think it's the most common thing to do when you're a hodler, you can go for either side since you're in the market for the long-term. To be honest though, I wish the prices are going down because I want to buy more so I can accumulate more bitcoin so in the future I can sell it at a higher price when it hopefully goes up exponentially.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
August 19, 2021, 05:37:10 AM
At first I was Bullish but am now turning bearish this year. The market had such a good run with the Trump administration.
Also, the corona virus lockdowns attracted many new retail traders to jump into the market and many stocks are significantly overvalued.
I suspect the market will have a correction in the coming year.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
August 17, 2021, 05:14:46 PM
Today, the price dropped to $44771 and I find it bullish again despite it dropped. We are having some usual pumps after these dumps. People are fomoing after the drops because they think that it's about to drop and won't be coming back. But as we've been here for quite a while, we all know that whenever bitcoin drops, we just have to be patient and wait until it recovers and it's going to be more than its recovery. I'm talking about the price that usually goes up anytime it corrects.
sr. member
Activity: 1876
Merit: 318
August 17, 2021, 04:43:50 PM
I am definitely bullish, with the prices going up right now and there's no sign that it will go down anytime soon with 4 months left for the prices to go much higher this year in order to beat the current all time high, I think that it's not should be debated that the current situation and feelings for the market is bullish.

We might have a different interpretation of a sign, but when the market is bullish, you would not really see a sign that it will fall as everyone's expectation is the price will continue to rise, that's why some get easily FOMO when the market is bullish. Well, it's possible that it will hit a new ATH, who knows, but the question is, what's the game plan when you see a new ATH?

Actually it's normal that we all have different understandings regarding the signs bullish market. Because everyone has a different analysis result
and therefore their opinion about the bullish market will be slightly different. I am among those who think that Bitcoin is still in a bullish trend,
although now the Bitcoin price has dropped back to $44k. Because for Bitcoin to go higher, it is necessary to have several corrections and that is
something that often happens. I believe as long as Bitcoin can stay above $40k for the next few weeks. The market is still bullish and Bitcoin prices
will continue to rise, it takes patience to wait for Bitcoin prices to return to ATH. There is even the possibility of reaching a new ATH, the most
important thing is that we don't panic easily with the decline in the price of Bitcoin, and can hold Bitcoin until it reaches the target we want.
legendary
Activity: 2660
Merit: 1074
August 17, 2021, 03:06:44 PM
#99
We never know until it happened, Whales for sure wants to grab more profits, if there's an artificial movement

we can't deny that they are capable doing it. Sad for those fomos who lose their money when whales shake the

market. That huge fall that really shaken most of the traders, fear inside from newcomers and lazy investors who

sell their assets during that time.
I do believe that whales do not specifically want to make bitcoin higher, I think they want to make money but they are fine making it anyway they want. I mean there are people who short bitcoin as well and they could be whales so they could just buy 150x leverage before they dump a bunch of bitcoin and make more profit that way, which they can then buy cheaper and wait until it goes up.

One theory suggest that this is exactly what whales do, they wait for us to get as much as we can, then they crash by dumping but also profit from it with high leverages, then they buy it back from the lower levels and keep repeating that every time the price goes up. Long story short I believe we are in a bull run and I believe we will go up, but I also believe that it is not going to be because of what the whales want, I believe it will be like that because we want it.
hero member
Activity: 2128
Merit: 520
August 17, 2021, 01:18:35 PM
#98
This is precisely why I do not think we have truly reached the all time high of this cycle, we did not went parabolic, the price went very high but then it remained there as if it was being artificially lowered, I think the whales did not liked that we could reach such a high price so soon so they manipulated the market so they could buy even more coins in preparation to that moment, and it seems to me they are finally ready to let bitcoin do its thing so 6 figures should be on the cards during the end of this year.

We never know until it happened, Whales for sure wants to grab more profits, if there's an artificial movement

we can't deny that they are capable doing it. Sad for those fomos who lose their money when whales shake the

market. That huge fall that really shaken most of the traders, fear inside from newcomers and lazy investors who

sell their assets during that time.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 17, 2021, 12:52:55 PM
#97
Are you still bullish despite the huge dump from ATH?
It is bullish, very clear since the early of 2021. Everyone should understand it, this bullish happened following the scheme of Bitcoin halving previously. Sure we have some big dumps during this year. But if we learn as a whole, Bitcoin and altcoins prices are growing greatly this year. Don't think in the bullish season will be no dumps, it should be always there. Correction or dump is a part of bullish, it balanced the crypto market.


many people are not aware of this problem. Many people think the previous drop in prices is a sign that the bull market is over. however bitcoin recovered quickly and bitcoin only lost 50% of its high price and certainly much better than in the 2018-2020 period. currently the price of bitcoin is starting to creep up and will reach a new ATH before the end of the year.

Yes, by no means 62000$ was not the market cycle top. We will reach all time high in December and target should be near 200,000$. It may seems not possible for now but remember that bull run is most parabolic at the end so we can expect anything. The next four months will be bullish for bitcoin and crypto currencies.
This is precisely why I do not think we have truly reached the all time high of this cycle, we did not went parabolic, the price went very high but then it remained there as if it was being artificially lowered, I think the whales did not liked that we could reach such a high price so soon so they manipulated the market so they could buy even more coins in preparation to that moment, and it seems to me they are finally ready to let bitcoin do its thing so 6 figures should be on the cards during the end of this year.
hero member
Activity: 2856
Merit: 667
August 16, 2021, 04:15:01 PM
#96
I am definitely bullish, with the prices going up right now and there's no sign that it will go down anytime soon with 4 months left for the prices to go much higher this year in order to beat the current all time high, I think that it's not should be debated that the current situation and feelings for the market is bullish.

We might have a different interpretation of a sign, but when the market is bullish, you would not really see a sign that it will fall as everyone's expectation is the price will continue to rise, that's why some get easily FOMO when the market is bullish. Well, it's possible that it will hit a new ATH, who knows, but the question is, what's the game plan when you see a new ATH?
legendary
Activity: 3094
Merit: 1127
August 16, 2021, 03:56:06 PM
#95
Doesnt matter if you are using technical or fundamental as long you do know on what you are doing then that what matter most.Its totally unpredictable this is why i do chose up in the poll
"I dont know" because we've been on 50% decline from ATH and i dont know if this year would end up to be bullish but depending if there are some news which would be positive
then there might be some chance for the market to rise up but its not guaranteed as always.Therefore, the best thing to be done or be thinking off is you do know
on what you would gonna do in times like these neither on what would the situation might happen.

We have different speculations of what would be the end season of bitcoin before this year end but for me I am very much positive that we are expecting for a another ATH that may attain of bitcoin. Though I am not that so sure because I'd still consider the high volatility of bitcoin market and yet my technical analyzation isn't that good enough I'm still working on progress on improving my technical analyzation. However, I'm also looking forward for a good profit once the market of btc get hype again.

I think no one can declare this year as a bearish one. Bitcoin went from all time to 60k+ and even if it don't cross the all time high this year, still it won't go much further down. If bitcoin remains between 30 - 40k by the end of December, we can easily call this year as a bullish year.
You cant tell that there would be no possible bear market on this remaining months of this year.We might have seen significant price rise but it isnt an indicative sign that it would really be moving forward fast.
Always consider  on taking a profit for short term if you arent a holder but for those who are holding then these kind of movements isnt really that much of  an  issue.Its always been  like this on  where we do
keep on guessing  on what would be the  price in the end of the year but we do all  hope the same  thing  which it  should be on bullish side  but  well lets see on  what  would happen ahead.
Bullish or bearish, there  would be only two movements  that could possibly happen.
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