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.
Topic: Bitcoin Bull market is back - page 2. (Read 531 times)
Sorry but where is the quick recovering here? https://coinmarketcap.com/ Bitcoin still in struggle to stand up to 50k and even if this may the status always falling days after so i guess we will take long before that called recovering.
remember that we are having a record of 64k this year and that is too high to look at recovering .
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.remember that we are having a record of 64k this year and that is too high to look at recovering .
Well if we see something good to be happen for sure it will bounce back at $50k usd again but actually after the dump happen last few days for sure we will struggle to reach that numbers again at this month, maybe in next following month we can see the test to reach that price again knowing that many people are hoping to see another ATH price to be happen year by year and since the adoption is good for this year then provably good things will happen this year.
Crypto Market looks very uncertain, the volume is not that high, although we have move back to $47k again in the last 4 hours timeframe. But getting into $50k and even $52k (the last price we have before the flash crash), might be a bit difficult, because as I have said, indicators are not looking good. The good thing is that we are just in September, so a lot of things can happen and the possibility to hit another all time high at the end of the year is very high.
As many predicted, the month of September to be a stable month for bitcoin price, but the early hours of this week have shown a lot of bull signals which show the full return of the bitcoin bull market.
What do you think?
actually market always showing a bull signal because it's part of the trend when market were making a correction before going to the next level, indeed since the market turn into bearish ethereum and bitcoin showing uptrend but it didn't stay for a a while and always suddenly change direction.. So as of now we cannot tell if the bull is back at the market, and to be honest previously we cannot say it was a bull run as well because obviously ADA is the main reason behind of the good performance of bitcoin , wherein holder immediately sell back to bitcoin and ethereum because after the fork, ADA is going dip instead of making good progress.. So it's not surprising bitcoin and ethereum showing uptrend in the market, because ada holders coverted into bitcoin and ethereum when they saw there's a problem with the project. What do you think?
Sorry but where is the quick recovering here? https://coinmarketcap.com/ Bitcoin still in struggle to stand up to 50k and even if this may the status always falling days after so i guess we will take long before that called recovering.
remember that we are having a record of 64k this year and that is too high to look at recovering .
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.remember that we are having a record of 64k this year and that is too high to look at recovering .
Well if we see something good to be happen for sure it will bounce back at $50k usd again but actually after the dump happen last few days for sure we will struggle to reach that numbers again at this month, maybe in next following month we can see the test to reach that price again knowing that many people are hoping to see another ATH price to be happen year by year and since the adoption is good for this year then provably good things will happen this year.
I think that the bull market was never back when you said so. Because I thought that it was nothing more than a good rally and it turned out to be I was right. Because not much time after this rally started, it suddenly ended and Bitcoin price went down by 10k dollars. Now, I'm hoping to see the price get back over $50k soon. And a bull market should come before the end of the year.
Sorry but where is the quick recovering here? https://coinmarketcap.com/ Bitcoin still in struggle to stand up to 50k and even if this may the status always falling days after so i guess we will take long before that called recovering.
remember that we are having a record of 64k this year and that is too high to look at recovering .
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. remember that we are having a record of 64k this year and that is too high to look at recovering .
when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases.At least we are just above the average of $43k. However, we might see the price going on that sideway pattern again, not unless there is a positive news. It's ok though if new investors doesn't have a patience, they will outgrow it. Better learn it from experience so that next time they are not going to panic. And if everyone is here for the long term, the price is still cheap because we might see it going to 6 digits when the bulls started to make a run, a super fast rally up to the end of 2021.
It's quickly recovering and the people who see the market quickly rises are the ones who recently sold their coins. It's really soo manipulated as I see it. Buying back at a higher price is the option for some although the value will be preserved, you lose BTC.
Despite the news media today spreading the word about BTC, the money coming into BTC isn't quick. September I think is bull month, there are just selective coins that will pump but some are not.
remember that we are having a record of 64k this year and that is too high to look at recovering .
We can all free to predict, but the truth is we don't know when exactly the bull run again.
all is free to predict but we must learn that someone is looking to our posts and so make it reasonable and valuable . 
Im not sure why 43k should be a low especially maybe it was just that blip yesterday that triggered enough shorts to close or something. Every short is in effect a future buy waiting to occur but Im not aware if short selling was excessive at that time or not. The price action has been trending above the 12hr average the whole of today and we passed quite easily through the 2 day and weekly averages also which is surprisingly easy return back to bullish momentum. 47k is the next Fib level above 43k that we saw below us just yesterday, look for a confirmation above that on a 4hr bar as strength showing.
$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.
Im not sure why 43k should be a low especially maybe it was just that blip yesterday that triggered enough shorts to close or something. Every short is in effect a future buy waiting to occur but Im not aware if short selling was excessive at that time or not. The price action has been trending above the 12hr average the whole of today and we passed quite easily through the 2 day and weekly averages also which is surprisingly easy return back to bullish momentum. 47k is the next Fib level above 43k that we saw below us just yesterday, look for a confirmation above that on a 4hr bar as strength showing.
when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases.At least we are just above the average of $43k. However, we might see the price going on that sideway pattern again, not unless there is a positive news. It's ok though if new investors doesn't have a patience, they will outgrow it. Better learn it from experience so that next time they are not going to panic. And if everyone is here for the long term, the price is still cheap because we might see it going to 6 digits when the bulls started to make a run, a super fast rally up to the end of 2021.
It's quickly recovering and the people who see the market quickly rises are the ones who recently sold their coins. It's really soo manipulated as I see it. Buying back at a higher price is the option for some although the value will be preserved, you lose BTC.
Despite the news media today spreading the word about BTC, the money coming into BTC isn't quick. September I think is bull month, there are just selective coins that will pump but some are not.
when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases.At least we are just above the average of $43k. However, we might see the price going on that sideway pattern again, not unless there is a positive news. It's ok though if new investors doesn't have a patience, they will outgrow it. Better learn it from experience so that next time they are not going to panic. And if everyone is here for the long term, the price is still cheap because we might see it going to 6 digits when the bulls started to make a run, a super fast rally up to the end of 2021.
when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases.At least we are just above the average of $43k. However, we might see the price going on that sideway pattern again, not unless there is a positive news. It's ok though if new investors doesn't have a patience, they will outgrow it. Better learn it from experience so that next time they are not going to panic. And if everyone is here for the long term, the price is still cheap because we might see it going to 6 digits when the bulls started to make a run, a super fast rally up to the end of 2021.
We can all free to predict, but the truth is we don't know when exactly the bull run again. I think whale is working that is why the price is now a little bit down and we need to hold, don't let the whale get your precious btc in a low price. Because if you do sell this time whale will get your btc and they will surely earn from your mistake.
when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The recent decline in the price of bitcoin was completely unexpected, just imagine, after bitcoin was able to rise to a price of $52K but suddenly dropped so drastically that it reached $46K in just 24 hours, and of course this made beginners trader panic who indeed just entered the trade and bought bitcoin at a high price a few days ago, I think many beginners cut their losses when bitcoin goes down and without realizing it will make the bitcoin price worse later. 
when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases. 
when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
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.
Yes, others have been pointing out that September, if history repeats itself will be not good for us. But we also have a saying here, if everyone is expecting the price to move in a predetermined manner, the market usually goes the opposite.
I'm also thinking that November will be big with the taproot rolling out. So we might as well sit out this month, or just continue to buy this month and accumulate and then hold for at least two month duration and see how it goes.
As many predicted, the month of September to be a stable month for bitcoin price, but the early hours of this week have shown a lot of bull signals which show the full return of the bitcoin bull market.
What do you think?
What do you think?
Bullrun? Hopefully it will take place soon but for now we're in a saturation level while the price goes down after we've achieved $50k. Many traders grab the opportunity to sell their holding that's why it causes dump a huge portion of btc market. We need long term waits before bullish trend happens, patience is our ways in order to be successful.
As many predicted, the month of September to be a stable month for bitcoin price, but the early hours of this week have shown a lot of bull signals which show the full return of the bitcoin bull market.
What do you think?
We are still at 46k$ but it does not mean that we are now in a bearish market. Because I think this 46k$ price will not take too long maybe next week we can see the Bitcoin at above 50k$ again or above 50k$, it is all because there are a lot of good and bullish news that is posted one of the news is the ligalization of btc and crypto currency coin in the country of Ukraine. I believe many more country will follow this legalization soon. What do you think?
As many predicted, the month of September to be a stable month for bitcoin price, but the early hours of this week have shown a lot of bull signals which show the full return of the bitcoin bull market.
What do you think?
What do you think?
Bullrun? Hopefully it will take place soon but for now we're in a saturation level while the price goes down after we've achieved $50k. Many traders grab the opportunity to sell their holding that's why it causes dump a huge portion of btc market. We need long term waits before bullish trend happens, patience is our ways in order to be successful.
Jump to: