Are you bullish or bearish this year? - page 5.

MiF

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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.

I see that many people vote bullish than bearish, I think it is all because many people notice the amazing rising of the price of the Bitcoin this year not only in Bitcoin but also in altcoins I think we will be having another ATH before this year end so we need to keep calm and wait patiently for good.

rhodelmabanal

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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.

I choose bullish because that what i see in the market, of we said bullish it means the market is green and if the price drop it drops only a short time and then back to high price again. So I believe we will be still bullish till the end of this year. Market start to show some positive movement from the start of this year so I think it will also end up to positive movement which is rising.

milewilda

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I enter the market again in april 2020 and still holding untill now, so i can say that i am still very bullish this year, i buy more btc at $35k in average so it also gives me profit right now. Trading is art and not every body can do it. Money management and riak management is a must and become priority before jumping in to technical analisys.

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.

South Park

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Quote from: sunsilk on July 29, 2021, 04:57:39 PM

Still bullish, whether we see a huge drop from its ATH we don't have to think bearish as we've been far already within less than a year. The market have shown lately a bullish sign.

The end of the year is what we're waiting for and if most of the predictions that have been said that it shall have a good ending, it won't stop people to think about bitcoin being bullish.

We know that the market sentiment can change in a heartbeat and this is what caused the correction that we saw a few months ago, but just as the market sentiment can change and create a huge correction at the same time it can produce a huge growth that seemingly comes out of nowhere, in my opinion whales are doing the best that they can to maintain bitcoin at the current ranges and they are accumulating all the coins that they can and when they are finally satisfied with the amount of coins they have they will let this market reach several new all time highs.

19Nov16

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Quote from: inanilujimi on July 31, 2021, 05:52:54 AM

I chose bullish, the reason is clear that many strong people who previously rejected bitcoin now have bitcoins as well, and crypto is now continuously growing very rapidly due to the emergence of very bullish nft in the market, why not bitcoin can also find its way back bullish.

NFT is a platform that makes everyone and companies interested in crypto, I didn't expect that crypto's performance could soar this year, seeing the current market trends I don't hesitate to continue buying bitcoin and altcoins which have bright potential.

inanilujimi

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I chose bullish, the reason is clear that many strong people who previously rejected bitcoin now have bitcoins as well, and crypto is now continuously growing very rapidly due to the emergence of very bullish nft in the market, why not bitcoin can also find its way back bullish.

$crypto$

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Quote from: Oceat on July 30, 2021, 06:58:29 PM

If Elon Musk didn't leave the market I would be bullish this year but since he just suddenly disappear saying something that makes the market to fall then I am in a questionable situation if Bitcoin would be bullish this whole year. Although, the price says it all then we are probably in a bullish trend since this price is bigger than the last ATH in 2017.

If there's one more thing that would make Bitcoin to reach $40k+ then I might change my mind that we really are in a bullish trend. But I'm still anxious if this is just a bull trap or something since this is how the market in the past works. Time will tell.

But he said for now still holding some bitcoins and other altcoins means Elon Musk won't leave the market as long as he still holds and rumors also tesla will accept bitcoins back as payment so chances are if this happens then this year could be a second bullish as in the beginning of the year, hopefully it will happen.

But right now bitcoin is being pumped up slowly, there is a good side if this continues and altcoins will follow what is called the altcoin season again.
But I don't know about bull traps, which I guess bulls can survive.

Oceat

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If Elon Musk didn't leave the market I would be bullish this year but since he just suddenly disappear saying something that makes the market to fall then I am in a questionable situation if Bitcoin would be bullish this whole year. Although, the price says it all then we are probably in a bullish trend since this price is bigger than the last ATH in 2017.

If there's one more thing that would make Bitcoin to reach $40k+ then I might change my mind that we really are in a bullish trend. But I'm still anxious if this is just a bull trap or something since this is how the market in the past works. Time will tell.

michellee

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Quote from: Ludmilla_rose1995 on July 30, 2021, 09:55:58 AM

Quote from: michellee on July 30, 2021, 08:33:04 AM

Quote from: Ludmilla_rose1995 on July 30, 2021, 04:48:09 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.

I'm still getting bullish this year because I bought $20K Bitcoin last October. At that time the price of bitcoin was still $11K. Until now I still hold, and my target is the end of the year. maybe in December, I will sell some of it, because I feel after 2021 ends, there will be a long bearish. This is just my opinion

Congratulations to you. You made a lot of money if you sell it now but I guess you will make more money when the bitcoin price can increase to $64k or even more. Yes, the long bearish somehow can happen anytime, so we should have decided when we should sell bitcoin and wait for the next dump because the drops will always happen. Hopefully, before the dump coming, we can sell it at the highest price and make a lot of money.

Actually, last April was the right moment to sell, but I didn't sell it because I was hesitant. At that time I thought the price of bitcoin would continue to rise, but my guess was wrong. Bitcoin goes down to $30K. But I stayed calm and didn't panic, I holding what I had until now.

Now that the price of bitcoin has been increasing slowly, I hope December will get a great surprise.

I have had that experience many times. Maybe I can suggest you something if you see that situation. You can sell for some part and leave the other on the wallet and no matter if the price increases a little, you can still hold. At least, you already take profit and get your initial investment money back while you are waiting for the next correction.

And if somehow, the price is down after that, you can wait to buy back for some amount or you can let it just happen because you still have some part to be sold at the next high price.

But it does not matter because the price will increase sooner or later so there is no need to panic. You can still buy more amount if you want in this situation so you can accumulate more bitcoin.

Marvelman

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For Bitcoin, 2021 was a year of tremendous growth and optimism. In fact, Bitcoin prices doubled to about $64000 in the first quarter. It seems that the general public became interested in Bitcoin as a store of value and was able to understand and accept the concept of the digital currency. However, we still are not seeing a significant amount of growth in consumer adoption and wider adoption of Bitcoin in transactions and the rest of the financial sector is still not on board with the digital currency. This means that the ability to make money in Bitcoin is limited and may not lead to increased demand for Bitcoin in the future.

carrigan

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This year is a difficult year. Yeah, but at least we had faced a bullish trend at the beginning of this year and I personally got some profits from it. This was so good to know that data and expects that the bullish era will last at least until the end of this year. But in fact, the market changes very soon only in one day. And now it is still in bearish time. But I really expect that there will be another bull again this year.

imstillthebest

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Quote from: ILuckyGuyI on July 30, 2021, 03:20:06 PM

This year, I'm definitely bullish. And there is a new rally which has started already. The price is already $40k and we could see it continuing to climb in the coming days. For this year, I think that the price will reach $80k at least. I was expecting it to reach $100k actually but I'm not very sure about that.

Likewise I'm bullish because of this but even before the dump last time where btc resides at 32k , I was still bulish because I'm comparing it to the price that we had last year's when btc is only at 8 to 9k range .
Not only for btc but also for some cryptos , they improve alot by this year . I can feel that this bullishness will only continue as we advanced because of adoption .

ILuckyGuyI

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This year, I'm definitely bullish. And there is a new rally which has started already. The price is already $40k and we could see it continuing to climb in the coming days. For this year, I think that the price will reach $80k at least. I was expecting it to reach $100k actually but I'm not very sure about that.

Fivestar4everMVP

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I personally don't even know which way to look right now, but I still voted for bullish for whatever happens, we should always be positive.
For me, the market is unstable and highly unpredictable, at some points, it's like the greens candles are coming back and all of a sudden, we are back in reds, the only correct answer to this question remains that "No body really know" as we really can't predict whether up or down correctly.
But personally, am predicting that this year is bullish, no body should take this as a financial advice please, this is just a fun prediction, up or down doesn't really matter to me.

ivankoh

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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.

Technically, we're in for a slight dip since bitcoin's ATh. Because given the volatility and market dynamics created with exogenous factors from the protracted covid crisis. Therefore, I think the market is still expanding and going up slightly, more stable than before. This is a good thing because climbing on a galloping horse too fast can also be exhausting. Lol, we're at 39k right now, we expect a big breakout but it looks like slow rise will be better.
Slow growth is an opportunity to accumulate for me. I like it.

Slow death

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Quote from: Boov on July 30, 2021, 10:06:31 AM

If I always rely with the poll results there's no doubt that we're in bullish, as many said it was really going to happen this year.

the only thing that would make us have reason to worry right now would be if the price of bitcoin falls below $28000, while the price remains above $28000 there is no reason to be worried, but if the price stays above 44000$ then we can see $60,000 as the next target price

Quote from: Boov on July 30, 2021, 10:06:31 AM

Who knows everything would turn out in reverse situation which didn't coincide with the poll outcome.

as I said, this would only happen if the price drops below $28000

pooya87

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Polls like this are always very interesting if you look at them based on the time they come out. For example the same question if asked a week ago would have resulted in an entirely different results while it is all positively bullish now that price has started rising.

Of course if you ask me the trend has been bullish even when we had the drop 3 months ago.

Boov

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If I always rely with the poll results there's no doubt that we're in bullish, as many said it was really going to happen this year. However, we must also consider those factors that might hinder all positive things to come in reality. Bearish was still pulling down btc price with a weaker resistance, but we still don't lose our grip on this scenario because of unpredictability of the situation. Who knows everything would turn out in reverse situation which didn't coincide with the poll outcome.

Ludmilla_rose1995

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Quote from: michellee on July 30, 2021, 08:33:04 AM

Quote from: Ludmilla_rose1995 on July 30, 2021, 04:48:09 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.

I'm still getting bullish this year because I bought $20K Bitcoin last October. At that time the price of bitcoin was still $11K. Until now I still hold, and my target is the end of the year. maybe in December, I will sell some of it, because I feel after 2021 ends, there will be a long bearish. This is just my opinion

Congratulations to you. You made a lot of money if you sell it now but I guess you will make more money when the bitcoin price can increase to $64k or even more. Yes, the long bearish somehow can happen anytime, so we should have decided when we should sell bitcoin and wait for the next dump because the drops will always happen. Hopefully, before the dump coming, we can sell it at the highest price and make a lot of money.

Actually, last April was the right moment to sell, but I didn't sell it because I was hesitant. At that time I thought the price of bitcoin would continue to rise, but my guess was wrong. Bitcoin goes down to $30K. But I stayed calm and didn't panic, I holding what I had until now.

Now that the price of bitcoin has been increasing slowly, I hope December will get a great surprise.

michellee

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Quote from: Ludmilla_rose1995 on July 30, 2021, 04:48:09 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.

I'm still getting bullish this year because I bought $20K Bitcoin last October. At that time the price of bitcoin was still $11K. Until now I still hold, and my target is the end of the year. maybe in December, I will sell some of it, because I feel after 2021 ends, there will be a long bearish. This is just my opinion

Congratulations to you. You made a lot of money if you sell it now but I guess you will make more money when the bitcoin price can increase to $64k or even more. Yes, the long bearish somehow can happen anytime, so we should have decided when we should sell bitcoin and wait for the next dump because the drops will always happen. Hopefully, before the dump coming, we can sell it at the highest price and make a lot of money.

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