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.

Dadan

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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.

Yaunfitda

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Quote from: ultrloa on September 15, 2021, 05:50:24 AM

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

Quote from: Reatim on September 14, 2021, 09:58:05 PM

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.

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.

Ararbermas

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

ultrloa

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

Quote from: Reatim on September 14, 2021, 09:58:05 PM

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.

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.

ILuckyGuyI

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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.

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Quote from: Reatim on September 14, 2021, 09:58:05 PM

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.

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Quote from: bittraffic on September 14, 2021, 05:08:32 PM

Quote from: sarmrakib on September 14, 2021, 10:21:10 AM

Quote from: btc_angela on September 14, 2021, 10:11:31 AM

Quote from: michellee on September 11, 2021, 04:25:48 AM

Quote from: StreakW on September 11, 2021, 12:51:47 AM

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.

The market is look like moving fast it is high volatile now .However we are now around 45k$ .Still we are recovering where we were .The investor always take patience that's why they can make huge profit .You were saying about new trader they actually can't do much to make an error to the market .We are at Q4 and the market is still on a good situation and hopefully we will see a strong uptrend before the year end .

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.

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 .

Quote from: djgtr on September 13, 2021, 02:11:51 PM

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 .

TravelMug

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Quote from: STT on September 14, 2021, 06:20:49 PM

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.

STT

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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.

bittraffic

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Quote from: sarmrakib on September 14, 2021, 10:21:10 AM

Quote from: btc_angela on September 14, 2021, 10:11:31 AM

Quote from: michellee on September 11, 2021, 04:25:48 AM

Quote from: StreakW on September 11, 2021, 12:51:47 AM

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.

The market is look like moving fast it is high volatile now .However we are now around 45k$ .Still we are recovering where we were .The investor always take patience that's why they can make huge profit .You were saying about new trader they actually can't do much to make an error to the market .We are at Q4 and the market is still on a good situation and hopefully we will see a strong uptrend before the year end .

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.

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Quote from: btc_angela on September 14, 2021, 10:11:31 AM

Quote from: michellee on September 11, 2021, 04:25:48 AM

Quote from: StreakW on September 11, 2021, 12:51:47 AM

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.

The market is look like moving fast it is high volatile now .However we are now around 45k$ .Still we are recovering where we were .The investor always take patience that's why they can make huge profit .You were saying about new trader they actually can't do much to make an error to the market .We are at Q4 and the market is still on a good situation and hopefully we will see a strong uptrend before the year end .

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Quote from: michellee on September 11, 2021, 04:25:48 AM

Quote from: StreakW on September 11, 2021, 12:51:47 AM

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.

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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.

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Quote from: StreakW on September 11, 2021, 12:51:47 AM

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.

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Quote from: StreakW on September 11, 2021, 12:51:47 AM

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.

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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.

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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.

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.

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Winding down.

Quote from: Hippocrypto on September 09, 2021, 04:44:51 PM

Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

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.

I'm too optimistic about the current situation. We're not about to turn down but instead, it remains bullish, we are still at this level, right? We are experiencing a few pumps and at the same time, we also have corrections. Well, this is a part of the game, the market just it literally it looks like that since before however, it behaving not differently because as this adoption continues we are not seeing such huge dumps that happen before (FROM $20K-$5K) but at this time, we are more on the recoveries and pumps.

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

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.

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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.

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Quote from: Oilacris on September 06, 2021, 05:57:59 PM

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.

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.

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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.

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Quote from: bots1 on September 08, 2021, 08:18:24 AM

Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

You mean that the price will go down till the end of the month? We already saw a drop by 10%, but we bounce back already.

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.

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

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Quote from: ultrloa on September 07, 2021, 06:07:49 AM

Quote from: michellee on September 07, 2021, 05:30:13 AM

Quote from: LUCKMCFLY on September 06, 2021, 10:59:22 PM

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.

It seems we need to wait for more as the bitcoin price now drops significantly than a few days ago and the price reaches $46k. It is a surprise for us because many are not expecting to see the price at that price level. But we can not do anything like the price is already at the current price. We can only hope and be patient to wait for everything to turn back to the right track. Who knows, after this deep correction, the price will have more support because the price is good to buy and it is the right time to buy more bitcoin.

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Quote from: BIN-BIN on September 07, 2021, 08:26:51 AM

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.

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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.

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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.

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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.

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Quote from: michellee on September 07, 2021, 05:30:13 AM

Quote from: LUCKMCFLY on September 06, 2021, 10:59:22 PM

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.

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Quote from: sheenshane on September 06, 2021, 09:30:32 AM

Quote from: btc_angela on September 06, 2021, 07:38:42 AM

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.

Quote from: sheenshane on September 06, 2021, 09:30:32 AM

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.

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.

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Quote from: LUCKMCFLY on September 06, 2021, 10:59:22 PM

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.

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Quote from: Kusman on September 06, 2021, 05:56:04 PM

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?

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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:

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-link

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.

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

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.

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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.

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

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.

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Quote from: Boov on September 06, 2021, 05:37:50 PM

Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

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.

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Quote from: 24Kt on September 06, 2021, 10:59:59 AM

Quote from: Ziskinberg on September 06, 2021, 10:03:01 AM

Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

The price movement of bitcoin is really great as when it hit last time at 30k, people seemed to panic and some are telling that it may go down to 20k. But here we are, in the 51k level and still greenish. As no one can predict the future of crypto market, what we can do is make a strategy how to take advantage of this opportunity. If you believe it will go up, why not buy now, or if you want, just wait to go down below 50k and then think about your plans.

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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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

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.

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Its been a bullish trend since July 20th so a bit late to notice but fair idea that we can continue still as there is no sign yet of weakness, I recently speculated that 47k would be a place to watch on the downside. If we stay above 47k I'm bullish though we may have selling it would appear to remain possible we reclaim the ATH and surrounding area but this week really need to be staying above where it opened to have my full confidence. Alot of people presume we are over any retests of lower prices and volume but Im trying to be careful in all scenarios possible at the moment.

kayiboyu

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Activity: 588

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I would say that don't be so sure about it. Grin

Because if we were in a bull market, Bitcoin price would already start increasing at a really fast pace and it wouldn't have much difficulty in even breaking the $50k resistance. A really strong rally started and it is still going on as it seems. This might even be enough for reaching a new ATH as there is not a so big gap with the last ATH level now. However, we still need a bull run to reach levels like $100k.

Chathusand

jr. member

Activity: 643

Merit: 1

For the bull market to come back, it had to go somewhere. We had a major market manipulation due to Chinese news about miners, which was accompanied by a significant hashrate reduction, causing many fools to panic sell. Then there was the accumulation phase of the great bull run, which lasted a month or two, and now we're in the first leg of the third phase of the current bull run, which will take us to a new all-time high.

ranaprime

jr. member

Activity: 1380

Merit: 1

Yes,i agree with you. Very beginning of September we see the positive signal form bitcoin. We are waiting for this moment. It is true that bull market is good for all of us simultaneously it can fall down. As we know that it is the most volatile market place.

24Kt

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Activity: 1092

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Quote from: Ziskinberg on September 06, 2021, 10:03:01 AM

Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

The price movement of bitcoin is really great as when it hit last time at 30k, people seemed to panic and some are telling that it may go down to 20k. But here we are, in the 51k level and still greenish. As no one can predict the future of crypto market, what we can do is make a strategy how to take advantage of this opportunity. If you believe it will go up, why not buy now, or if you want, just wait to go down below 50k and then think about your plans.

Oceat

sr. member

Activity: 2506

Merit: 368

Why is that when the market price suddenly pump or break the resistance they were always like this, like they think it's ready to move to their expectations but most of the time it turns out that it's just a little trap set by the whales. Someone really believe that it's going for another bull run that would break a new record for a new ATH price.

But it's just the normal day of the market due to the traders movement. I still want to see what will be the next price after this 'cause I'm pretty sure there's a kickback after this pump. Sooner or later the price would touch the $47k again.

haidil

sr. member

Activity: 784

Merit: 252

Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

Bitcoin has always been in the Bull market even though it's been down this year, we're seeing more gains month over month. It's hard to say any predictions, either technically or even manual predictions, Bitcoin price movements can't be said to be right. We can only assume after seeing the signs of an increase. Because previously many said the bull market was over. But in fact all do not have the accuracy in paying attention to the increase.

Ziskinberg

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Activity: 3010

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

rahmatrf331

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Activity: 588

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

yes. I also see the bitcoin market is currently bullrun. many people start investing if bitcoin will continue to bullrun it may return to the $63k mark, or it may set a new record later this year. as you said lately there have been a lot of signals saying that bitcoin will have a strong pump at the end of this year, are we part of the profits from the bear market.

Obito

sr. member

Activity: 1274

Merit: 293

Quote from: Dhoe on September 06, 2021, 07:49:07 AM

The bitcoin bull market is back,, everything can happen, because the price of bitcoin is very difficult to predict, it could be today the bull market is back, maybe next month the bear market will reappear, bitcoin actually sharpens our brains to keep thinking and keep learning, every opportunity that comes, let's not waste it..

Given how we were this year, I wouldn't really dare say that bitcoin has stopped in bull run, the dip in the prices weren't as drastic or big like back in 2017-2018 so in my opinion bitcoin has not left the bull run, it just got some sort of down time and started the run again.

sheenshane

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Quote from: btc_angela on September 06, 2021, 07:38:42 AM

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.

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.

vitya1982

newbie

Activity: 88

Merit: 0

Bull market is definitely here. But for how long? This is the main question. If BTC will hit 60K then i think we can expect new ATH.

Dhoe

hero member

Activity: 1442

Merit: 510

The bitcoin bull market is back,, everything can happen, because the price of bitcoin is very difficult to predict, it could be today the bull market is back, maybe next month the bear market will reappear, bitcoin actually sharpens our brains to keep thinking and keep learning, every opportunity that comes, let's not waste it..

GeorgeJohn

hero member

Activity: 1498

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

Personally i don't believe in manual or monthly prediction of bitcoin, because the signal you may think is accurate via increment of cryptocurrency especially bitcoin and it might be error, so prediction does not work out base on my idealogy, so bull market occur base on market determination, relaying on prediction is safe decision.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: dansus021 on September 06, 2021, 07:23:18 AM

not sure about this some techinal says it would only touch 53K and Go down, there's some says it just bull trap

but to be honest when i replying this i just lost money causing by bitcoin wave :')

I'm not sure as well about this bull trap, the current pattern is that we will try to break a big psychological barrier, lets say $48k or $50k. Then it will dip a bit, but above support level, and then we will go again and breach it. So that pattern is not a bull trap in my opinion.

So sorry to hear that you lost money in the current run, I guess you do short trading, which is not advisable in a bull run because you will get REKT.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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?

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.

We might see $60k, this month, so that's already a huge jump from the lowest low so far this year <$30k, around June if I'm not mistaken. So yes, we are in a bull run in this last quarter and hopefully we will finally see 6 digits this December or at least early next year.

tulusikhlas

sr. member

Activity: 1526

Merit: 252

I think speculation can backfire on you when you don't look at the factors that are actually happening in the market. Don't absorb raw price predictions, you still have to be aware of price movements that you might think of as a bull market, quite the opposite. Indeed, lately Bitcoin has given a price selection above $50K, but it wasn't long before altcoins followed. So as much as possible try to pay attention to what many people think this is a market for, but not for Altcoins themselves.

dansus021

copper member

Activity: 2156

Merit: 983

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not sure about this some techinal says it would only touch 53K and Go down, there's some says it just bull trap

but to be honest when i replying this i just lost money causing by bitcoin wave :')

raidarksword

member

Activity: 2044

Merit: 16

Yes, it's back and market is doing pretty good right now and all coins are pumping hard like it's already december wherein we all know that season will be full crypto season for us. They said august is ghost month but it didn't worked because bitcoin support is holding up pretty good. So, expect more massive gains in this remaining months and we can see bitcoin at $60k very soon.

zanezane

full member

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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.

passwordnow

hero member

Activity: 3136

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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.

Furious 7

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Activity: 2856

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https://duelbits.com/

Quote from: mk4 on September 06, 2021, 04:22:24 AM

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.

OcTradism

hero member

Activity: 1722

Merit: 801

Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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

Wakate

hero member

Activity: 1176

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fillippone - Winner contest Pizza 2022

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.

Lucius

legendary

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

Pulsar77

sr. member

Activity: 1890

Merit: 333

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.

Beparanf

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Activity: 2954

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.

DeathAngel

legendary

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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.

pooya87

legendary

Activity: 3472

Merit: 10611

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.

Rajamuda

sr. member

Activity: 924

Merit: 255

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

Jasper HODL

newbie

Activity: 22

Merit: 0

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

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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.

kotajikikox

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Activity: 2548

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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 .

NeuroticFish

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Quote from: Wiwo on September 06, 2021, 03:15:00 AM

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.)

Wiwo

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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?

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