Topic: Bitcoin Bull market is back - page 3. (Read 545 times)
Bitcoin drop to 46k$ today but I am sure it will rise back to 50k$ after Ukraine legalized crypto currency. We can't feel the effect right away but I believe in he next few weeks from now btc will rise back.
There were no positive news and events that did happen on the market but it do end up on having some good significant increase to its price specially with Bitcoin and so as with other altcoins in the market.
Some had even said that August is over which said to be a ghost month and now that its over then prices is starting to cling up but we cant really tell that bulls are back.
We are just starting on BER months which it do always having that impression that times like these are the best ones on every year.
Bitcoin never really "needs" a reason to go up, there were few stuff, there was a period when people thought amazon was adding crypto as payment option (which turned out to be wrong but nobody cared) and there were a period when El Salvador made the news, and there were few other things. However bitcoin never needed it to go up. Of course, it is a lot more entertaining when there is actually a good reason for bitcoin to go up, after all we could at least base our increases depending on that.Some had even said that August is over which said to be a ghost month and now that its over then prices is starting to cling up but we cant really tell that bulls are back.
We are just starting on BER months which it do always having that impression that times like these are the best ones on every year.
However that rarely is required, it is just "nice to have" and not "must have" for bitcoin. I personally believe as long as we end up buying, then we could do it whenever we want to and sometimes there is a big increase because of some small increases, like when it goes from 30k to 33k then people get hopeful and buy it, making it 35k and others start to jump in and make it 40k and so forth. A snowball affect basically.
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.
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?
In my opinion, bitcoin will experience a correction until the end of September. I saw the history of Bitcoin from several years ago in September which often forms a red candle. so during September, we saw Bitcoin price drop 10%. This price drop becomes a very good buying opportunity for the long term. A new ATH (all-time high) is coming soon.What do you think?
But yes, such drop offers a new and very good buying opportunity. Just depends on how investors are going to look at it. If they waited even further because they want it more cheaper, then it might not happen. So strategy and timing is very important as we are in a red candle temporarily.
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?
In my opinion, bitcoin will experience a correction until the end of September. I saw the history of Bitcoin from several years ago in September which often forms a red candle. so during September, we saw Bitcoin price drop 10%. This price drop becomes a very good buying opportunity for the long term. A new ATH (all-time high) is coming soon. What do you think?
There is very good news based on BTC, already some are confirming the bullish trend, in fact many are waiting for the price to $55k, the technical indications are seen as follows according to cointelegraph:
Yes, many are waiting for $55k but I am sure they will have big expectations to wait for the price to back to $64k. Hopefully, this week can bring some good movements for bitcoin and have more support so the price can break $55k. A few minutes ago, the price got another dump and now, the price is down at $51k. But it seems the price is trying to struggle to lift the price back to $52k. But this will be a good time to accumulate more bitcoin while the price is getting the correction.Many expect that to happen and also its expected that many will speculate or think about that $64k or more than that since speculated figure is to reach at $100k will be reached after that target breaks. But one thing I want to advice and that is don't expect to much on it since we know market is so tricky we might gonna fall into the trap and bag hold it since possibilities for dump is there but the thing there is we shouldn't get panic since if we do for sure we will lose our capital if we easily affected for some corrections happen in the market.
We have been in a bull market since March 2021 the minor setback in the price of bitcoin all the while was just a correction stage and in no time we will see Bitcoin crossing the resistance level and making a new all-time high. The entire market is down presently, but Bitcoin is still holding the $50k resistance level, which shows bullish momentum.
Yeah, and just like that, the market dumps, hehehe, not sure what's the reason of the recent crash, we can blame the whales for it, or El Salvador might have something to do. Nevertheless, from $43k lows to $46k, so again, we are below $50k. So from 52k->$43k->$46k, in just 24 hours, just shows how bitcoin is really that volatile. Be that as it may, I must say that this is crypto space, others may not like it's volatility, but that's how we prosper here. So yes, for me we are still in the mids of a bullish momentum, with some minor pullback.
Over extended short term is one phrase I heard a speculator say today, I have price at a ceiling and this latest fall puts it outside what I drew as the bullish channel so we'll see if the damage is significant or not.
Overall my expectations were for it to pull back to something like the 50 day average so Im undecided if it has further to move then that. It has reset the more bullish ambitions of some and this will take some time to revise and repair the sell over time.
Target downside now if it remains negative would be something like the bottom fib level there, around 39k. We've visited it before and we might need to do so again, its not new just part of the constant revision price action will do.
Overall my expectations were for it to pull back to something like the 50 day average so Im undecided if it has further to move then that. It has reset the more bullish ambitions of some and this will take some time to revise and repair the sell over time.
Target downside now if it remains negative would be something like the bottom fib level there, around 39k. We've visited it before and we might need to do so again, its not new just part of the constant revision price action will do.
And base on the previous performance of Bitcoin during BER season, it is mostly in the pumps and this will likely have to see this year again. That is why I remain on the positive side. Though market corrections can't be stopped, perhaps it is a part of crypto, recoveries are still to see right away. I leave the confidence that we still keep in the range of $50k-$60k until the end of this year. But I'm not sure if it retains early next year as many people might spend and sell their Bitcoins during Christmas day.
We have been in a bull market since March 2021 the minor setback in the price of bitcoin all the while was just a correction stage and in no time we will see Bitcoin crossing the resistance level and making a new all-time high. The entire market is down presently, but Bitcoin is still holding the $50k resistance level, which shows bullish momentum.
There is very good news based on BTC, already some are confirming the bullish trend, in fact many are waiting for the price to $55k, the technical indications are seen as follows according to cointelegraph:
Yes, many are waiting for $55k but I am sure they will have big expectations to wait for the price to back to $64k. Hopefully, this week can bring some good movements for bitcoin and have more support so the price can break $55k. A few minutes ago, the price got another dump and now, the price is down at $51k. But it seems the price is trying to struggle to lift the price back to $52k. But this will be a good time to accumulate more bitcoin while the price is getting the correction.Many expect that to happen and also its expected that many will speculate or think about that $64k or more than that since speculated figure is to reach at $100k will be reached after that target breaks. But one thing I want to advice and that is don't expect to much on it since we know market is so tricky we might gonna fall into the trap and bag hold it since possibilities for dump is there but the thing there is we shouldn't get panic since if we do for sure we will lose our capital if we easily affected for some corrections happen in the market.
Bitcoin has always been in the bull-run, except maybe when there is a fud, like the china news and Elon Musk tweet affecting the market negatively.
FUD was always there since the start that could affect the Bitcoin price but IMO on this year, there's no bear market that has happened. It considers market correction and not totally a bear market, so meaning to say, we're currently still on the bull market and the price keep climbing up since the mass adoption was in the process. FUD will always be a big part of any bull run, just like in 2017, wherein there's a lot of negativity around but eventually, a bull run can't be stop even with a big fud.
Potentially the bull season will continue because people will always have a technology adoption, which means blockchain and Bitcoin could be possible always be used. Another factor is international acceptance, more and more countries now open their gates towards cryptocurrencies could be possible a massive adoption. Once we're on the top, the media spotlight will be the next, and Bitcoin and other crypto will not stop spreading out.
IMO, Bitcoin will always have ATH but definitely, there's no infinite growth, it's always expected to have a correction.
IMO, Bitcoin will always have ATH but definitely, there's no infinite growth, it's always expected to have a correction.
Or more of the fundamentals aspect of bitcoin that will keep the price going. But it's not on a parabolic rise, sooner or later it will have to come down. Resetting the market is not that bad, so that it can continue to grow as we go all along.
There is very good news based on BTC, already some are confirming the bullish trend, in fact many are waiting for the price to $55k, the technical indications are seen as follows according to cointelegraph:
Yes, many are waiting for $55k but I am sure they will have big expectations to wait for the price to back to $64k. Hopefully, this week can bring some good movements for bitcoin and have more support so the price can break $55k. A few minutes ago, the price got another dump and now, the price is down at $51k. But it seems the price is trying to struggle to lift the price back to $52k. But this will be a good time to accumulate more bitcoin while the price is getting the correction. 
Is it really back you think? Because I don't think so. This is only a rally rather than a bull run. I wouldn't expect a bull run to be this slow. It is true that the price still continues to climb. But we don't know until when it will maintain this pace. Maybe it will stop right after achieving a new all-time-high level or before not even reaching there. We still need time to see a new bull market. And I hope it doesn't come late 2021.
it's true, slow price movements will certainly make us a little doubtful if bitcoin prices will return high, but in my opinion every bull that has happened so far, always starts with slow movement and of course with slow movement like now it will make bulls run in one direction, i think you seem too pessimistic that a slow moving bitcoin will be able to reach its ATH, isn't a slow bull still better than not moving at all?
There is very good news based on BTC, already some are confirming the bullish trend, in fact many are waiting for the price to $55k, the technical indications are seen as follows according to cointelegraph:
The technical indicators put a very optimistic price, since $ 60k is a pretty good price and the best thing is that it is the most probable, however, do not have false hopes, you also have to wait for the price if a bearish movement occurs by chance.
Quote
The first target level on the upside is $55,000 and then $60,000. This positive view will invalidate if the bears sink the price below the 20-day EMA.
Source: https://cointelegraph.com/news/price-analysis-9-6-btc-eth-ada-bnb-xrp-sol-doge-dot-uni-linkThe technical indicators put a very optimistic price, since $ 60k is a pretty good price and the best thing is that it is the most probable, however, do not have false hopes, you also have to wait for the price if a bearish movement occurs by chance.
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?
There were no positive news and events that did happen on the market but it do end up on having some good significant increase to its price specially with Bitcoin and so as with other altcoins in the market.What do you think?
Some had even said that August is over which said to be a ghost month and now that its over then prices is starting to cling up but we cant really tell that bulls are back.
We are just starting on BER months which it do always having that impression that times like these are the best ones on every year.
Is it really back you think? Because I don't think so. This is only a rally rather than a bull run. I wouldn't expect a bull run to be this slow. It is true that the price still continues to climb. But we don't know until when it will maintain this pace. Maybe it will stop right after achieving a new all-time-high level or before not even reaching there. We still need time to see a new bull market. And I hope it doesn't come late 2021.
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?
If the momentum will stay, then probably a continuous bull run. But don't expect 100% to happen. Bitcoin is playing around the high price it achieved in Aug-Sept and that was good compare to a quick push moving up. For me, it's still not a bull run but Bitcoin price just returns to where it is supposedly.
Gaining supports and resistance level is a must even it will take time.
Don't read predictions so you won't be carried away by the hype.
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?
Technically I seen those signs of progress that we've going to experience bullrun soon, and the current pumps was just a sign because we already surpassed $50k. Predictions really been accurate and it never failed many people who've been following the journey of btc. Also with eth and following coins, they're able to go with the flow of green days of their respective markets.
Technical analysis of some traders are like fud, I saw some of them predicting to have dumps this month which I believed at that time so I converted my coins to stablecoin. It feels like I'm being deceived this time.
My stablecoin is meant to buy when it's going to the bottom. It was a mistake listening to these guys already for I missed a huge spike of the price.
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?
I think, there is no significance with that short pump. This is normally what we see in a volatile market unless if we could see its continuous growth for about a few days, that might something it tells us. But for this, with a few hours break, it won't consider as a bull signal. But since the market is still in the green color, I was confident that this month of September will be bullish again and we end up this year with that amazing trend. What do you think?
Since entering the month of September Bitcoin has moved tremendously, finally Bitcoin managed to rise to the current price of $ 52k. There is
a possibility of going higher in the near future, my prediction this week should Bitcoin be able to reach the price of $ 55k. This reminds us when
some people doubted Bitcoin months before when Bitcoin was stuck at $30k. They thought Bitcoin would dump even further down to $20k,
as those fears did not happen. So people who doubt Bitcoin will be bullish until the end of the year, now quite regret that they didn't buy Bitcoin
when it was under $40k. Because I do believe Bitcoin will hit $100k by the end of the year, even at today's prices I'm still gradually buying Bitcoin.
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