Are you bullish or bearish this year? - page 8.

Lucius

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And before we reached the new ATH, 2021 was in all speculation marked as the year of the bulls - the main reason of course was halving 2020. When we add to that all the interest of institutional players that started in Q3 2020, for me no matter what, this year is extremely bullish.

Quote from: Botnake on July 27, 2021, 05:50:59 PM

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

We can speculate, but no one should decide to invest in Bitcoin based on speculation - this year may end with a new ATH, but there are also chances that this will not happen. In addition, people change their minds given the current situation - if you had asked this question when the price was below $30k, I'm sure the answers in the poll would have been a little different.

Poker Player

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Quote from: janggernaut on July 27, 2021, 06:26:46 PM

Likely will bullish.

Quote from: harizen on July 27, 2021, 06:47:50 PM

Bullish...

Quote from: Baofeng on July 27, 2021, 07:09:38 PM

I voted for bullish.

Quote from: OgNasty on July 27, 2021, 07:57:11 PM

The stock to flow chart makes it difficult to be bearish.

Quote from: Kemarit on July 27, 2021, 11:32:08 PM

So I would say that we should remain bullish up until the end of the year...

Quote from: Oasisman on July 28, 2021, 05:31:40 AM

Well, I remained bullish.

Quote from: ?? on ??

I'm still optimistic that the market can be bullish quickly.

Quote from: Anonylz on July 28, 2021, 06:20:47 AM

Bullish all the way till year end,

Yeah, definitely bullish.

There is no serious prediction that says we are going to be in a bear market for the rest of the year. I don't know if those who voted bearish are trolls or what, in any case if they are serious they should put their money where their mouth is and short Bitcoin.

I said at the time of the recent downturn and continue to say that we will pass $100K this year and there are predictions that go well beyond that.

Anonylz

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Bullish all the way till year end, we can't ignore all the recent good news popping up now and then directly or indirectly related to btc, such positive news are what will take btc to the next level of ath, there is no need to be pessimistic it won't help our investment, already the price seem to be coming back gradually, it won't happen at once but it will surely happen.

Oasisman

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Rollbit

Quote from: Botnake on July 27, 2021, 05:50:59 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, I remained bullish. Simple because the current Btc price isn't considered as bear market, even when Btc was still sitting at $30,000 level. Though the drop was 50% from the last ATH, but $30,000 is still a big increase in price compared from the past years.
Also, even with the negative news that might've greatly affect Btc like the China power issue, Btc still remain it's range and doesn't seem to be affected at all.
Now, Btc has been gradually increasing again flirting near the $40,000 level. It gives me a lot more reason to stay bullish in the coming months.

mrjoy15

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Bear market that missed out would be one of the greatest regret according to my assumption. what out, $40K is here. Almost two month BTC has been low and the market just started to pump, will continue to. If BTC drops down to $35K then $41K will be more difficult though. Hoping going back up from the point. Just guess if the roller coaster take negative turn.

Kemarit

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Quote from: OgNasty on July 27, 2021, 07:57:11 PM

The stock to flow chart makes it difficult to be bearish. I’d say the odds of BTC hitting $100,000 are better than hitting $20,000 at this point and it’s very likely the next 5 months are going to get wild. Stay away from leverage and enjoy the ride. Who knows how many more of these bubbles we’ll see.

Yeah, the s2f model plot is still very accurate even though we have seen the price going -50%.

So I would say that we should remain bullish up until the end of the year and then let's see how it goes. If s2f model fails then we can't do anything about it. But if it is a hit then definitely we are going to be on a roller coaster ride and finally see $100,000 this year.

maxreish

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Since Ive been holding for years now and I saw the market's movemenr every year so Ive keep on believing that bitcoin is bullish at the end of this year. We had seen the newest ATH this year and we can still reach that possibly again. But then it all depends on how market reacts with the fuds, or any good news that will come.

Pull back is just normal and whales can also be the reason for the bullish or bearish market. Others are afraid and had panic emotions when dump happens. Still, Im optimistic that this year will be a good bullish market.

OgNasty

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The stock to flow chart makes it difficult to be bearish. I’d say the odds of BTC hitting $100,000 are better than hitting $20,000 at this point and it’s very likely the next 5 months are going to get wild. Stay away from leverage and enjoy the ride. Who knows how many more of these bubbles we’ll see.

STT

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Quote

there is also announcement from SEC regarding BTC ETF got approved or not

Sounds like a buy the rumor sell the news event at least short term. This year now is in consolidation, thats my 10 mile take or view for how we progress across the horizon through regular events mixed with the unknown that might challenge or take BTC higher. We only rose this fast because of the excessive monetary diluation by government or it'd have taken far longer to develop perhaps in a similar way. Rapid forward now means we take longer to move more gradually and in a considered way.
Price will always lead ahead of actual growth, thats why it acts so volatile because its a guess most of the time and invariably the rate of which we move long term is less of a gradient then appears short term.

AliMan

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Quote from: Botnake on July 27, 2021, 05:50:59 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.

My thoughts depends on how the trend goes like right now, and based on the poll bullish market has the highest votes. This year is going to be the most exciting one, many of us hold their coins patiently despite of the challenges that we're facing. Bearish market has a weak resistance if to compared with bulls, that's why we experience little downturns then quickly recovers within few hours.

Baofeng

legendary

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I voted for bullish.

But it is still a long way to go for all of us, we have reach all time high this year, after that the market slowly goes on downward spiral reaching as long as $28k-$29k. But it does't mean that we can't end this year with another super fast rally. Still, the prime target is at least $100k, it might take months or at least the last quarter to go to $60k-$80k again and then just maybe in 2022 we will see the peak prime at 6 digits.

harizen

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Bullish all the way but not the type of person that will always expect it to happen of course.

Others should not consider bearish as a disadvantage nor a bad situation in crypto. During the bitcoin's peak, many hope that bitcoin price should at least pullback to a much cheaper price so they can re-enter. It's hard to imagine during that time that the bitcoin price will go back to where it is now.

But the problem is, even their hopes of bitcoin's pullback now happened, still undecided if they will make a re-entry or not. In the end, they will end up regretting again and the cycle just repeats.

janggernaut

legendary

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Likely will bullish. On tommorrow, there is also announcement from SEC regarding BTC ETF got approved or not, while they have postponed that few times before, then tommorrow they will likely give the answer, which if the answer is YES, we will be more bullish, if NO, well maybe we can back to $30k

Botnake

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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.

Topic: Are you bullish or bearish this year? - page 8. (Read 1123 times)