Bitcoin Bull market is back | Bitcointalksearch.org

wiss19

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Quote from: Wiwo on September 08, 2021, 11:33:22 AM

Many have predicted this month to be the slowest Bitcoin price movement before the November pick, with what happened In the entire market one is forced to align with that school of thought.

Bitcoin never been in any stable situation because we never know what happen in next movement this can go in any way so as one can give perfect prediction about this, personally I never believe on predictions about this bitcoin.

This bull can go for long time because now adoption is going on very quickly and blockchain technology is also improving very safely for better and transparent future of humanity. More and more countries are adopting this all, which is helping cryptocurrency and this community. But keep one thing in mind, it can go down any time as its most volatile marketplace.

Tessnik

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September has been predicted to be a slow month for bitcoin, but then we saw how Bitcoin has constantly broken all the resistance levels and will make some remarkable moves before September ends, the full bull market may start around October till December 2021 this year has been the most exciting year in Bitcoin market as we witness a new all-time high around April where Bitcoin reached 64k before it dropped again so a lot is in the pipeline for this year.

Wawa2013

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Quote from: Questat on September 17, 2021, 06:48:24 AM

Quote from: asrinur on September 17, 2021, 05:44:04 AM

For now Bitcoin and the majority of crypto markets still look to have some hope of going higher. This can be seen from the Bitcoin price chart which shows selling pressure and buying pressure from large investors. For now, the bitcoin price movement is visible, which could be a sign that the bitcoin price could continue to rise and could even reach a new ATH later this year.

The market is still bullish, we saw some big dump, but bitcoin is still here, again, it bounces back and soon we will be touching $50k again. Seems like this year is going to be bullish for the entire market, and if that will happen, we can conclude that we have a bullish year, probably the best year, better than the year 2017.

I admit this year was indeed the best year for Bitcoin, because this year Bitcoin managed to reach a price above $60k, which had not been achieved
in the previous year. Even though the year isn't over yet and there's still a few months left, I'm optimistic the Bitcoin price won't drop below $20k.
Because this year the support price of Bitcoin is very strong, and several times the price of Bitcoin corrected, but soon the price recovered. This means
that this year Bitcoin is really bullish, and very far from what happened in 2017. Because this year was the best year for Bitcoin, many people made
a profit this year, and I am quite satisfied with Bitcoin's performance this year.

Kittygalore

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Quote from: Kong Hey Pakboy on September 16, 2021, 02:39:55 AM

Good thing that it's finally back, and it's a good thing that I have bought when it was around 28k and I was happy that bitcoin is going up because I am already guaranteed a profit but I don't have any plans selling right now because I am sure that we haven't reached the peak yet.

Good for to be able to make some decent profit although I don't really like the idea of not taking profit right now even just a little to enjoy some of your profits but hey, to each and everyone I guess.

Questat

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Quote from: asrinur on September 17, 2021, 05:44:04 AM

For now Bitcoin and the majority of crypto markets still look to have some hope of going higher. This can be seen from the Bitcoin price chart which shows selling pressure and buying pressure from large investors. For now, the bitcoin price movement is visible, which could be a sign that the bitcoin price could continue to rise and could even reach a new ATH later this year.

The market is still bullish, we saw some big dump, but bitcoin is still here, again, it bounces back and soon we will be touching $50k again. Seems like this year is going to be bullish for the entire market, and if that will happen, we can conclude that we have a bullish year, probably the best year, better than the year 2017.

asrinur

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For now Bitcoin and the majority of crypto markets still look to have some hope of going higher. This can be seen from the Bitcoin price chart which shows selling pressure and buying pressure from large investors. For now, the bitcoin price movement is visible, which could be a sign that the bitcoin price could continue to rise and could even reach a new ATH later this year.

Yaunfitda

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Quote from: jaberwock on September 16, 2021, 03:09:34 PM

Quote from: TravelMug on September 15, 2021, 10:23:58 PM

As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

Of course, this is still bullish indication, but it is not that super fast rally we wanted it to be. Just slow rise which is good in the long run for us holders.

It is obvious that we are in a bullish trend, however that bullish trend could always be broken by a correction and that s the problem. People assume that we go into bull and bear constantly, just because we went up it doesn't mean it is bull, just because we went down doesn't mean it's bear.

If people thinks that bull run is going to be parabolic, then they are wrong. There are no market in the financial world that can sustain that even bitcoin. So they have to change their mindset if they want to survived in this market.

Quote from: jaberwock on September 16, 2021, 03:09:34 PM

People need to realize that bull and bear could happen depending on context and not the direction. It was a bull run this time around because it moved from under 30k to over 50k in around a month or two, but the correction is not a bear run, it is a correction and difference is that it went down only a little and recovered very quickly. This is why I honestly believe that we should be trusting the bull run. Yet, it still doesn't mean that we can go to 50k+ and stay there easily.

Yes, it can move in either direction, pushing and pulling each others (the bulls and bears). So it's going to be a long and hard grind to reach $50k at least for this month. It seems that the normal will still be in the middle. No break out run being sighted unless there is a big FOMO because of some good news.

jaberwock

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Quote from: TravelMug on September 15, 2021, 10:23:58 PM

As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

Of course, this is still bullish indication, but it is not that super fast rally we wanted it to be. Just slow rise which is good in the long run for us holders.

It is obvious that we are in a bullish trend, however that bullish trend could always be broken by a correction and that s the problem. People assume that we go into bull and bear constantly, just because we went up it doesn't mean it is bull, just because we went down doesn't mean it's bear.

People need to realize that bull and bear could happen depending on context and not the direction. It was a bull run this time around because it moved from under 30k to over 50k in around a month or two, but the correction is not a bear run, it is a correction and difference is that it went down only a little and recovered very quickly. This is why I honestly believe that we should be trusting the bull run. Yet, it still doesn't mean that we can go to 50k+ and stay there easily.

Baofeng

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Quote from: 7788bitcoin on September 16, 2021, 03:52:22 AM

Quote from: TravelMug on September 15, 2021, 10:23:58 PM

~
As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

We cannot call this a huge crash just around 10% correction which was normal every week a few years back and now when we go through patches like that everyone panics Grin

. It might take a few weeks to cross the $50k barrier but ultimately we will see the market breaching those with ease once the bulls are active. When the price first crosses $50k i thought there will be a barrier and we will have a correction but the price did not stopped their and kept on rallying which was surprising.

Bitcoin just crossed $48k again, so I guess we are really back into the bullish mode. I thought that September might be a pain to see, specially after that flash crash that we've seen recently. And hopefully this is the last crash that we are going to felt for this month and see the price breaching that $50k'ish somewhere next week or at least the end of this month. $52k is going to be good as well, but we will see how far can we go. History tells us that if bitcoin goes down hard, the price will bounce back more than the price it crash so hopefully more than $52k is on the horizon.

7788bitcoin

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Quote from: TravelMug on September 15, 2021, 10:23:58 PM

~
As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

We cannot call this a huge crash just around 10% correction which was normal every week a few years back and now when we go through patches like that everyone panics Grin

. It might take a few weeks to cross the $50k barrier but ultimately we will see the market breaching those with ease once the bulls are active. When the price first crosses $50k i thought there will be a barrier and we will have a correction but the price did not stopped their and kept on rallying which was surprising.

poldanmig

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Quote from: Kong Hey Pakboy on September 16, 2021, 02:39:55 AM

Good thing that it's finally back, and it's a good thing that I have bought when it was around 28k and I was happy that bitcoin is going up because I am already guaranteed a profit but I don't have any plans selling right now because I am sure that we haven't reached the peak yet.

Those who still believe in bitcoin will certainly benefit when they dare to buy bitcoin when the price is down, like you, I have also bought a few bitcoins when the price went down for some time and I also plan to keep it until the next halving day bitcoin occurs and hopefully the next few months we can see the price of bitcoin again be able to break the record high price so far.
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Kong Hey Pakboy

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Good thing that it's finally back, and it's a good thing that I have bought when it was around 28k and I was happy that bitcoin is going up because I am already guaranteed a profit but I don't have any plans selling right now because I am sure that we haven't reached the peak yet.

TravelMug

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Quote from: Questat on September 15, 2021, 04:37:42 PM

Quote from: palle11 on September 15, 2021, 12:14:14 PM

Quote from: Spack17 on September 15, 2021, 08:29:34 AM

Bitcoin is moving on to $48k now. If the price manages to break the $50k resistance, then we could come back to the days before the dump.

No guarantee that can happen when it crosses $50,000 because that standing there is a strong support that needs more tasting. You remember just one week ago it crossed and pushed to $52,000 but couldn't break even to see $55,000. I won't put all my plans on $50,000 for now, although there are possibility for an increase going pass the level.

The market doesn't look as such in the hype that we can see it moving fast. We are still moving like a roller coaster, up and down, and it found not strong support that could help it up going straight. Currently at $48, very close to $50k. But you are right, might the market hold that long it is either it pushes through going to $55k or it rolls back to $45k again.
Anyways, whether to pumps or not, the current price is still bullish for me. I will still be on hold and will buy more if there is a chance when price will drop.

As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

Of course, this is still bullish indication, but it is not that super fast rally we wanted it to be. Just slow rise which is good in the long run for us holders.

Questat

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Quote from: palle11 on September 15, 2021, 12:14:14 PM

Quote from: Spack17 on September 15, 2021, 08:29:34 AM

Bitcoin is moving on to $48k now. If the price manages to break the $50k resistance, then we could come back to the days before the dump.

No guarantee that can happen when it crosses $50,000 because that standing there is a strong support that needs more tasting. You remember just one week ago it crossed and pushed to $52,000 but couldn't break even to see $55,000. I won't put all my plans on $50,000 for now, although there are possibility for an increase going pass the level.

The market doesn't look as such in the hype that we can see it moving fast. We are still moving like a roller coaster, up and down, and it found not strong support that could help it up going straight. Currently at $48, very close to $50k. But you are right, might the market hold that long it is either it pushes through going to $55k or it rolls back to $45k again.
Anyways, whether to pumps or not, the current price is still bullish for me. I will still be on hold and will buy more if there is a chance when price will drop.

SirLancelot

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Quote from: Wexnident on September 15, 2021, 01:32:49 AM

You're looking at it the wrong way though, we went to the bottom of 29k a few months back (around 3 I think?) and that's what we recovered from. Heck, even the sudden dump a few days ago where it sharply dropped is slowly being recovered now. You can't really compare a recovery to a peak value. I'd reckon $50k is a wall that Bitcoin would take time to breach into, it'd probably take a few weeks before it even does since again, it is still recovering from the sudden dump last time plus consolidating its position. It'd take time, but I don't think it would be that big of a struggle.

That is what people are forgetting about. Even if you look at it in a long term then at the start of the year we were nearly getting to 30k, and instead we are 40k+ now, could even be 50k very soon. This means that YTD bitcoin has made a 50%+ profit in the long run. Just because we had a marvelous new ATH along the way doesn't mean that it is horrible that we went low.

I feel like it is something that we should be welcoming because if it keeps going up all the time then how could we end up buying low and selling high? So long story short we should be quite happy with what we have, that should be something we end up being happy about instead of just being worried. Obviously, it is going to take some time to reach back to ATH but at least we are a long way up from the start of the year, and bottom of the year, that is a good enough reason to be happy.

LUCKMCFLY

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BTC is showing good recovery, I think that the $ 50k is on the way, according to the technical indications suggest that a good bullish rally may take place, for now the price oscillates at $ 48k, anything can happen, but I think the first target for now must be above $ 50k:

Quote

It should be noted that the daily trading volumes were at an average level, and if bulls manage to increase the volumes, they may be able to break the $43,800 resistance.

Source: https://u.today/btc-ada-and-bnb-price-analysis-for-september-15

The oscillating price of BTC is a good symptom, however the volume of BTC is very representative, it is seen that it is growing, if it continues like this it is an excellent indication, it does not matter that it is sales volume, because they can be sales walls that later remove , they can be traps that the same whales place.

palle11

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Quote from: Spack17 on September 15, 2021, 08:29:34 AM

Bitcoin is moving on to $48k now. If the price manages to break the $50k resistance, then we could come back to the days before the dump.

No guarantee that can happen when it crosses $50,000 because that standing there is a strong support that needs more tasting. You remember just one week ago it crossed and pushed to $52,000 but couldn't break even to see $55,000. I won't put all my plans on $50,000 for now, although there are possibility for an increase going pass the level.

ShowOff

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Quote from: TravelMug on September 14, 2021, 09:06:16 PM

$47k has been breached just right now. So we might be showing some strength or we are still in the middle of everything ($43k-$47k).

So I wouldn't say that we are in the bullish momentum, again, a sideway pattern is still possible and it's hard to see $50k being breach this month. So we are sort of or the market currently is undecided so there could be no break out run yet.

Due to the price correction a few days ago, bitcoin has formed a new support which will allow it to break through the $48K - $50K resistance again in the next 1 to 2 month. Throughout the rest of September, I don't think $50K resistance will be reached again but it's not impossible when demand increases $50K becomes quite easy. The quick recovery of bitcoin price after the correction a few days ago is something we are hoping for. But I'm also not going to say that the bullrun time has come because of that, it's a typical market recovery after a dump. For 1 day TF, there are at least 5 resistance that must be broken to reach $52K again, imo. It's not impossible, but I think it's still difficult to achieve if sideways can happen.

suzanne5223

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Quote from: Dadan on September 15, 2021, 07:47:51 AM

There are many opinions about whether Bitcoin still in bullish now or is this just a big bull trap.
Some people think that when the price decreased from 52k to 43k is a "warning" from US as El Salvador accept Bitcoin as legal tender.
When you leave USD, that's what happened, no security.

Now the price is 47k, as some people predicted, this is a vital moment because if the price hit 55k, it is surely a bull run.
But if the price down to 41k or even 38k, then most probably it will go deeper.

Let's see.

Those that predicted the price as you stated could be right because despite the positive news happening through the El Salvador legalization the market ought to experience some rally. But my own prediction for this month is the market to still experience some slightly bullish run and downtrend till next month when there will be a big market correction.

Spack17

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The bull market was never back then I think. It was just a nice period for the cryptocurrencies due to the volatility. But it didn't last too much long and Bitcoin price went down sharply. Now we see that the market is trying to recover as green color is dominating the market. Bitcoin is moving on to $48k now. If the price manages to break the $50k resistance, then we could come back to the days before the dump.

Topic: Bitcoin Bull market is back (Read 531 times)