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Topic: Bitcoin Bull market is back - page 5. (Read 531 times)

full member
Activity: 868
Merit: 150
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September 06, 2021, 07:02:01 AM
#15
To me, it didn't even leave because the lowest at the current is around 28k and the highest in the previous year is around 20k so I don't think that bitcoin didn't leave bull run in the first place.
hero member
Activity: 3136
Merit: 591
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September 06, 2021, 07:00:50 AM
#14
It all sums up that bitcoin will always be unpredictable. We can have as much as predictions as we want, bulls or bears and it all still lies on how bitcoin will react which is the usual and unexpected thing.
So it all ends up with any of the two possibilities and if you're a holder then that's much better because we can the price is increasing but still always think about that there will be corrections to come.
hero member
Activity: 2856
Merit: 644
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September 06, 2021, 05:55:37 AM
#13
Many predict that we're going to have a bull market, and at the same time many predict that we're going to have a bear market.

tl;dr no one knows.
Both of them will definitely happen, when it is in the bullrun market, there will definitely be a bear market and we must be able to observe and what will happen in the future, meaning that anticipation must be ready in us when something bad comes.
Predicting the bullrun price, of course, many of us believe that this is still going on until now even bitcoin reaching $51.6k is a sign for the real thing, so I will do it at every opportunity.
hero member
Activity: 1722
Merit: 801
September 06, 2021, 05:47:38 AM
#12
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.
Will the market be stable in September or not, it won't change the directory of bitcoin bull run in this year.

The on-chain analysis shows the market is not bearish. From 200 week moving average, realized cap to Price stability.

You misunderstood stability and bear market that are different. Bull market needs some stable time before it begins to run.

Charts taken from Twitters of PlanB and Willy Woo
hero member
Activity: 1176
Merit: 543
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September 06, 2021, 05:47:02 AM
#11
There have been a lots of news recently about whales acquiring more Bitcoins which shows that the bull market is getting full momentum which can trigger the start of the bull run. The market had been ranging from $50k to $48k which is a signal the there is a support and resistance between the two price points.

The market is till warming up now trying to gain some grounds before doing wonders. This is the time investors have to buy more of Bitcoin or other coins because by the time the bull trend starts, it will be unwise for other people to buy it which can be a little decision for one to make. From now to December, I should be seeing the  price if Bitcoin at $100k.
legendary
Activity: 3234
Merit: 5637
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September 06, 2021, 05:40:36 AM
#10
What do you think?

Mostly what the other members think when it comes to this whole situation about whether the bull run is over or not started at all. For me personally, the bull run started after halving 2020, and is still going on, with of course the inevitable corrections on its way - but that was the case in 2017 as well, although only two things have changed.

The first is that the numbers have become different, and it is now much harder for people to accept that the price can increase x2 ($50k -> $100k) than was the case with 2017 ($1000 -> $20k). The other thing is the big money invested by institutional players, and here we are talking about tens of billions of $ in a period of 1+ years.

Figuratively speaking, this rocket has a lot more fuel than the one in 2017, which would mean it should go much further - of course, if it doesn't explode somewhere along the way.
sr. member
Activity: 1890
Merit: 333
September 06, 2021, 05:25:38 AM
#9
September has been a really problematic month for Bitcoin so far. However, it seems like this can change considering the recent increase in Bitcoin price. It has finally managed to break the 51k-dollar resistance also and it continues to go up. We might see the price at 55k dollars in no time I believe. The thing that I wonder about the most is whether the price can reach a new all-time-high level until the end of the month. It would be great to see the price over 60k dollars again after a long time period.
hero member
Activity: 2954
Merit: 796
September 06, 2021, 05:24:43 AM
#8
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?

The trend is still indecision until the price break the all time high at 60K level. That resistance is very strong many are using it to manipulate the market by shorting and selling-off. Its not bad to watch different prediction but always remember that there Big players that always watching the chart and patiently waiting for the right to have a profit from retail traders money and shorting is the most profitable way for them since the price is close to all time high and its easy to manipulate the emotion of holders because of strong resistance.

Always trade at your own risk and never follow anyone advice. Follow it when there's a clear pattern for the trend.
legendary
Activity: 3304
Merit: 1617
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September 06, 2021, 05:07:55 AM
#8
The bull never went, we were just in a mid cycle (deep) correction. Let’s get ready to see the second, most likely epic part of this cycle.
legendary
Activity: 3472
Merit: 10611
September 06, 2021, 04:51:15 AM
#7
The bull market never went anywhere for it tom come back. We had a big market manipulation because of the Chinese news about miners that was accompanied by a large hashrate drop that cause a lot of idiots to panic sell. Then we had the accumulation phase of the big bull run that lasted a month or two and now we are in the first leg up of the third phase of the ongoing bull run to reach a new ATH.

Those who were telling you otherwise were trying to fool you into selling your bitcoins at a discount.
sr. member
Activity: 924
Merit: 255
September 06, 2021, 04:50:43 AM
#6
Take advantage of situations like this as an opportunity to take more effort that can be done, it's no wonder that many people predict that Bitcoin will be even more powerful than before. It's clear nowadays the circumstances/the situations... looks really affected to the Bitcoin price to be higher, that signal it can be said as a hope for many people, especially in investing. We know that the bull market surely would arrive
newbie
Activity: 22
Merit: 0
September 06, 2021, 04:24:13 AM
#5
Rather than saying that Bitcoin's bull market has returned, I am more inclined that Bitcoin's bull market has never left. The reasons for this bull market in Bitcoin have not changed. COVID-19 is still going on, and institutions are still buying Bitcoin.

Wait patiently for Bitcoin's price high instead of being frightened by a possible fall in September.
mk4
legendary
Activity: 2870
Merit: 3873
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September 06, 2021, 04:22:24 AM
#4
Many predict that we're going to have a bull market, and at the same time many predict that we're going to have a bear market.

tl;dr no one knows.
full member
Activity: 2548
Merit: 217
September 06, 2021, 03:54:26 AM
#3
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?
Just because bitcoin increased 1+k Dollars in value meaning that lots of signals had shown, can you give any example of signals that has been on going ?
or just this increase in value?

But just like what mentioned above me, you were being mislead because of following everything specially FUD's..

because Bitcoin never fell down to bear , and not because the price drops to below 30k last month meaning we can call that a bear since the last bear happens in 2020 in which valued 4k level .
legendary
Activity: 3668
Merit: 6382
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September 06, 2021, 03:31:08 AM
#2
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 that you were misled by the FUDsters; I think that you were misled that there was a bear market in 2021, while those were only corrections and we are in the same bull market as in the end of 2020.
If you look at it like this you may not have that many uncertainties.

(Also try to not follow -literally- everybody's predictions.)
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
September 06, 2021, 03:15:00 AM
#1
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?
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