Bitcoin Gradually Increased in Price in September, Case for a Bull Run in 2018

yousbabtle

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Quote from: d1ceplayer on October 17, 2018, 01:02:44 AM

I believe the best thing to do right now is to put more focus on the charts and see what it is telling us than to be reading some news about what one B.S site is saying. I have never really considered that as an option and even if you want to get to see analysis done by sane people, it is a whole lot better to not read such from mainstream media.

Whether bitcoin is undergoing a gradual recovery or not, I believe only time will tell and there is nothing anyone can do than to wait and however we even want to see a break out shortly can only be known with time.

Charts can give you nothing, because these are also manipulated and wrong. You should not believe 100% only on charts. You should do your own analysis about the coming situation of the market. It is much better to look at the trend of the people where are they going and what they want. If they want to invest in bitcoin, we will see a bull run in the coming days.

buwaytress

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You know, with speculative markets, there's always a case for a run in either direction. Always a case, no matter Bitcoin in the midst of its cyclical bull run and bear periods, or the seeming perpetual sideway patterns it looks to settle itself in.

December pattern? Remember when January and spring patterns were upturned?

But well, money news need to make their bread too, so accept the points for each case but be aware that none of these have any bearings on what will actually happen.

xfaqs01

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there might be a gradual rise bit not that significant as a catalyst for massive bull run base on TA, if we look at the bigger picture were still in consolidation phase, as its not yet break the resistant level, how ever this is an indication of nearing uptrend, my one cent

coinplus

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On October as well, there was one time when the price really went down however all other times the price went up or stayed same or increased just slightly. Right now we are sitting at the bottom of a price decrease that might really be it, this is all price could fall down to and I think the bull run might come quicker than people think it would.

Everyone here either is a newbie that thinks price of bitcoin goes up every December like last year or an early bird that knows the price does whatever it wants regardless of the price, however think of the whales, whales are the ones that play with the price and if newbies believe the price is going on December and the early birds telling them no, maybe they will use that to their advantage and get bitcoin higher during the last quarter and get richer by just making people believe "bitcoin can do whatever it wants regardless of the month" ideology.

I still hold my believe that price is on the verge of a huge spike very soon.

peter0425

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Quote from: bitcoinrays on October 20, 2018, 01:25:27 AM

Quote from: Idrisu on October 16, 2018, 04:12:15 AM

Are we going to see another bull run this year certainly I don't think it is going to be serious one. The really bull run is going to commenced around jenuary to March next year as it happens early 2017.

I am not seeing anything like this. The price is not increasing since march 2018 as still below $7000. The market is still suffering from great corrections and I think that this situation will continue till December this year. There is no bull run in the market, but we should stay cool and hold our coins for long. Next year may be better than this one; people will come back to bitcoin.

Because around April-May, those who FOMO has left already, they just decided and say "f**k, I'm out", that's why the price seems to stabilized around the $6000-$6500. Generally speaking a bull run means more demands, however we need to understand where the demands should came from? Bakkt? ETF or Lightning Network (LN). Your guess is as good as mine. Grin

bitcoinrays

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Quote from: Idrisu on October 16, 2018, 04:12:15 AM

Are we going to see another bull run this year certainly I don't think it is going to be serious one. The really bull run is going to commenced around jenuary to March next year as it happens early 2017.

I am not seeing anything like this. The price is not increasing since march 2018 as still below $7000. The market is still suffering from great corrections and I think that this situation will continue till December this year. There is no bull run in the market, but we should stay cool and hold our coins for long. Next year may be better than this one; people will come back to bitcoin.

trako

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bitcoin is moving fast. He sums up. Improving. but the most affected is the subcoin. The ether has to rise. Most of the project is erc20 based. and we're hurting.

DaughterOFbitcoin

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Quote from: inanilujimi on October 12, 2018, 06:43:25 PM

Quote from: timerland on October 12, 2018, 06:16:40 PM

I honestly don't think that a bull run of any particular magnitude is due to happen this year.

The facts are simple, prices are still relatively stagnant and even when there may be short periods where growth happens, it's still of an extremely small volume and has never lasted long enough for it to be considered to be a trend reversal.

Besides, the bearish sentiment pretty much prevents all of this from happening I believe in the near future, as we've seen another correction hit us recently.

Of course, it would be different if the time frame was expanded. I wouldn't doubt that the recovery would come next year, but definitely not this year imo.

I agree with you, for this year there is no bull run that could happen next year.
see how long we are out of this bear market situation.

I also think the same because there is no green signals in the market and some people speculate that the price will go up in the last months of the year. What will happen that the price will go up and the bull run will start? We should focus on the current situation of the market although we should not be disappointed but the fact is that the price is stuck almost.

talkbitcoin

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Quote from: bitbunnny on October 17, 2018, 08:16:48 AM

This price increase is actually some minor positive price correction but it doesn't seam to me this could be the sign of another bull run.
Many are waiting the end of the year with expectations of some big price rise but to my opinion this is not very likely.
If you ask me this is pure speculation without solid ground, currently there are no such indicators on the market.

if you look at all these changes that people call "increase decrease" as some sort of simple fluctuations of the market while it stays stable then you can view the market in a different light. and that would be a stable price where accumulation is taking place. and that is a good sign for the bull market on the way and without any more drops this rise is being solidified.

BitHodler

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Quote from: bitbunnny on October 17, 2018, 08:16:48 AM

This price increase is actually some minor positive price correction but it doesn't seam to me this could be the sign of another bull run.

We have had plenty of these increases on the way down this year, and non of them resulted in anything of significance. I thought it would make people realize how useless these increases really are, but nope.

People expect different outcomes time on time again, and that while the market clearly isn't in the mood to show any signs of bullishness. We should be happy that we're still over the $6000 mark.

The market did extremely well respecting its main support level around $5800 which is an achievement on its own, especially during a bear market where the demand has dropped this much. Don't anyone dare to call $6000 low.

Zenixin

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Quote from: bitbunnny on October 17, 2018, 08:16:48 AM

This price increase is actually some minor positive price correction but it doesn't seam to me this could be the sign of another bull run.
Many are waiting the end of the year with expectations of some big price rise but to my opinion this is not very likely.
If you ask me this is pure speculation without solid ground, currently there are no such indicators on the market.

There are no occurrences that can help the situation ,but if it can increase a bit or more can give a hope to me who are tired of holding. Bull run might be impossible but at no big dump again.

bitbunnny

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This price increase is actually some minor positive price correction but it doesn't seam to me this could be the sign of another bull run.
Many are waiting the end of the year with expectations of some big price rise but to my opinion this is not very likely.
If you ask me this is pure speculation without solid ground, currently there are no such indicators on the market.

somac.

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Never selling

Quote from: feelivent on October 17, 2018, 07:15:17 AM

What will be the reasons because I want to know? Every speculation must be with proof. If not so then it is just predictions and is not right to follow. The price will increase in September while we are in mid-October and the price is still the same as it was several months ago. There is no positive sign in the market and it seems that the price will not increase atleast in this year.

The reasons for next bull run are simple. When the sellers have no more coins left to sell the bull run will begin. After the Dec 2013 bull run they eventually run out of coins to sell after a couple years, only the holders remained, plus the regular buyers, the rest is history.

knowing when the sellers run out of coins is the hard part.

feelivent

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Quote from: timerland on October 12, 2018, 06:16:40 PM

I honestly don't think that a bull run of any particular magnitude is due to happen this year.

The facts are simple, prices are still relatively stagnant and even when there may be short periods where growth happens, it's still of an extremely small volume and has never lasted long enough for it to be considered to be a trend reversal.

Besides, the bearish sentiment pretty much prevents all of this from happening I believe in the near future, as we've seen another correction hit us recently.

Of course, it would be different if the time frame was expanded. I wouldn't doubt that the recovery would come next year, but definitely not this year imo.

What will be the reasons because I want to know? Every speculation must be with proof. If not so then it is just predictions and is not right to follow. The price will increase in September while we are in mid-October and the price is still the same as it was several months ago. There is no positive sign in the market and it seems that the price will not increase atleast in this year.

d1ceplayer

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I believe the best thing to do right now is to put more focus on the charts and see what it is telling us than to be reading some news about what one B.S site is saying. I have never really considered that as an option and even if you want to get to see analysis done by sane people, it is a whole lot better to not read such from mainstream media.

Whether bitcoin is undergoing a gradual recovery or not, I believe only time will tell and there is nothing anyone can do than to wait and however we even want to see a break out shortly can only be known with time.

Idrisu

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Are we going to see another bull run this year certainly I don't think it is going to be serious one. The really bull run is going to commenced around jenuary to March next year as it happens early 2017.

futile-resistance

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Quote from: chickenado on October 11, 2018, 05:34:38 PM

Bull run is really an awaited if event this year in bitcoin if so happen. The sacrifices might be so intense but people wasn't giving up, since market now has behaved badly. This is a great rewarding period for the speculators, who been there spreading negative thoughts behind the crypto community.

I would not expect a bull run for bitcoin this year at all. From all indications, we may just only eventually get to see some sideways movement as the case may be and then accumulation period for the meantime, before we start seeing any clear direction.

However, bull run don't just happen all of a sudden, when a market picks a trend, it does that slowly and steadily before we start seeing any huge price action upward, but for now all we can do is wait and be patient to see the direction the market would pick. Probably, we may have some upward movement which would not be something too huge though before the end of the year, but that would depend.

SwaVeR

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Quote from: raven7886 on October 10, 2018, 12:47:22 AM

Quote from: NeuroticFish on October 07, 2018, 02:32:25 AM

Instead of looking at the news, look at the charts. September started with a big dump (Sep 5) from some 7400 to some 6300. Since then the market tried some sort of ultra slow recovery, but we are far from anything significant.
An average "rise" from 6300 to 6500 (6600?) in a month, after such a drop, is not really a joy and it's certainly far from calling it a bull run.

It is not really a joy actually, but we know the market will have to develop on its own actually. The thing with this market is that moving in a sideways is not actually bad and that shows that the bulls are really trying hard to want to get back in, but we all know after a huge bear trend and a bear trend which I still believe is on unless we see the trend change, the bears will obviously not give up without a fight which is what we are seeing now.

At least, it is a good thing to have seen the bull keep the $6k region as a very good support looking at the bounces we have had in the past few weeks, and I believe we might actually have a chance up even if it is in the short term, but all these is something that the market and chart will obviously have to tell us based on what we see.

Yeah there is no significance in the bitcoin market for long time. Investors are now looking here and there to get some other way for investment. I will not put my money in such coin which is not giving me any profit for long time. Sometimes I think that I should wait for some time atleast till the end of this year and then decide what to do with my investment.

peter0425

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Quote from: ausbit on October 10, 2018, 08:54:48 AM

Quote from: oksgvardukraine2018 on October 07, 2018, 01:21:49 AM

[~ snip ~]

It has been like this for 4 months and not just september. Price has always been going up to 7k+ levels and than going back down for the past 4 months. This is not special for september, I do not want to start a FUD about the price because it is a great thing that price doesn't go below 6k levels anymore and created a solid foundation for itself at 6k which means it will only go up so I am still bullish on bitcoin but this doesn't mean there is something special cooking up just because the price has been steady for september, same happened during summer yet nothing happened, maybe it will skyrocket maybe it will stay stable who knows.

Exactly my thoughts. We're familiar with what the article has describe since we have been seeing this in the last 4 months or so. And there's no bull run in the horizon as they're trying to picture it. We can call bitcoin price stable at around $6k-$6500k and might see this trend up to the end of the year. The article is just another clickbait and it just show how the state of cryptocurrency media today. They're just posting just for the sake of meeting their weekly quota for an article and as what @Pursuer has said, there very similar to spammers here in the forum. hehehe.

Ararbermas

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Quote from: inanilujimi on October 12, 2018, 06:43:25 PM

I agree with you, for this year there is no bull run that could happen next year.
see how long we are out of this bear market situation.

true no bull run for this year because there's still no sign. of market to bullish. For me probably just a small pump only around 9k before year end. But no need to worry especially if you're a holder which is don't ever sell at lose, just keep holding and always control your emotions to avoid being greedy and regrets , indeed market will recover again soon and will never end.

Topic: Bitcoin Gradually Increased in Price in September, Case for a Bull Run in 2018 (Read 634 times)