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Topic: Bitcoin is going steadily up, don't you think? - page 4. (Read 635 times)

hero member
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Obviously it has pick up already in the last couple of months now, so the future looks bright as this point. But the problem here is people are eager to see another all time high, but it will take months or even years to get to that. So don't get excited and just continue to HODL and wait for the massive bull run to happen specially after the block halving in 2020.
legendary
Activity: 3472
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I'm not sure why some people are insisting one publishing one pessimistic article after the other.

for the same reason they were publishing optimistic articles back in 2018 saying how price is going to the moon. some people just can't accept the trend change and thing a certain trend (up or down) has to stay indefinitely.

It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.
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My feeling is that Bitcoin is going steadily up, at least for the time being.

What do you think?

we have already started the new bull "cycle" and have been there for a while now. it is just the start of it and like always the starting months are slow rises with lots of corrections and stable phases where price doesn't go up.
on top of that these past couple of days we have had a big drama called bitfinex which is delaying the rise.
hero member
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
Don't get curious if there will be another published article that tackles mostly about on how pessimistic they are with bitcoin. It's part of their strategy to ride and bring up what would attract to their articles, it's basically the essentials of article writing. Just don't be too gullible whenever an article comes out and deals mostly with negativity of the market and never sees on how positive it can be to the investors. When bitcoin goes up, still there will be those kind of articles.
hero member
Activity: 1666
Merit: 753
It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.

I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.

I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.

My feeling is that Bitcoin is going steadily up, at least for the time being.

What do you think?

If you are talking about the long term trend here, then yes, I think that a bull market will be close as we approach the second half of 2019 due to the fact that there is strong support at the $4k level, and market sentiment has eased from being extremely bearish to somewhat more optimistic.

But I doubt that it'll be steady. Run ups to bull markets are usually anything but steady, and will consist of rallies and dips along the way that will probably scare away some of the weak hands in the market. Just like right now, BTC experienced a short term adjustment that is still consolidating. That's always been the case, if you look back at previous transitions to bull markets, like the 2016 period.

So no, don't expect it to be a linear thing, but I do think that the scale of the bull market ahead will be quite sizeable given the institutional adoption this time round. Also, tradingview is not somewhere you want to base off your analysis of the market from, because anyone with an account can publish their own speculative opinion without any basis.
newbie
Activity: 1
Merit: 0
It seem like Bitcoin has entered an uptrend, since begin February 2019. It is most probably entering a new big bull cycle that will last for months, most probably for longer than one, one-and-a-half year.

I read articles on tradingview of how the Bitcoin price is going to collapse. Well, this has already happened. We are in an uptrend now.

I'm not sure why some people are insisting one publishing one pessimistic article after the other. My guess is that they missed their chance to buy low, before April, and now they are trying to influence their readers to how it suits their portfolio.

My feeling is that Bitcoin is going steadily up, at least for the time being.

What do you think?
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