Pages:
Author

Topic: Bitcoin needs to be in a bull market before the halving - page 4. (Read 579 times)

legendary
Activity: 2688
Merit: 13334
BTC + Crossfit, living life.
Exstasie.... bossian is just a troll-ish guy, thinking BTC will come out only in 2024 or something.....

He has some kind of TA that only a meth addict would show in the open ...
legendary
Activity: 1806
Merit: 1521
Just remember that folks.

The Bitcoin market was bullish before the two previous halvings (hence no clear correlation in my humble opinion). But if you believe there is a correlation then it's important to consider other indicators, and not the halving alone.

When you check the history of Bitcoin price, you will notice there was a clear bullish trend before the two halvings occurred.

It's 3 months away. Compared to last time, we're ~ April 2016. Why do you think BTC was in a bull market then, but not now? Did you miss the 350% rally last year? And now we're re-approaching those highs.

If it looks like a duck....

I am in the minority here but I doubt this year will be bullish, the trend is still bearish, it has been bearish since we were rejected below 14k last summer.

If you're in the minority, it's a very big minority and bull/bear sentiment is mixed. I'm seeing plenty of bear analysis in my circles and the Fear & Greed index is "fearful" at 41: https://alternative.me/crypto/fear-and-greed-index/
legendary
Activity: 3472
Merit: 10611
I am in the minority here but I doubt this year will be bullish, the trend is still bearish, it has been bearish since we were rejected below 14k last summer.

i don't really see it that way, the trend still looks pretty bullish to me. and if you look at the bigger picture i'm sure you can see it too.
the trend begins from December 2018 when the accumulation starts at $3200 and price stays down and stable with a high volume for a couple of months. then we officially enter the bull market that slowly brings the price up then there are some sudden jumps that lead to a mini-bubble that needs to pop and be corrected. that is the $13880 in June and then we had the correction of that. but a correction doesn't mean "bear market" a correction is a sign of a healthy bull market instead.
hero member
Activity: 1624
Merit: 500
I might not pay attention to that because my goal is to hold bitcoin until halving is finished. If there is a bear market in March-April, it will be an opportunity for those who want to invest more. however, I am a person who believes that before halving, the price of bitcoin will rise. at the moment the price of bitcoin may go down, but at the beginning of March, I'm pretty sure the price will recover and return to exceed the price of $ 10,000.
member
Activity: 854
Merit: 12
arcs-chain.com
I agree with your points... and besides, everyone is expecting that the price goes to the moon and usually this means that the price will not go our way... most people are counting with a bull run this year, and this may not happen at all... prices are not showing momentum and the bear is still here...
I was hopping to cross the 10.5k barrier this month, but that does not seem to be happening...
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Yeah there's a high chance we've either maxxed out already for the year I'd you look at the last two halvings. It's probably good from this point for the rest of the year if we remain at $10k and don't fall further after there's no rally post run (some of retail may be expecting that)..

I think in 2016, we moved to about $500 in the early months of the year and then just stayed there for quite a while during and after the halving...
member
Activity: 450
Merit: 59
Just remember that folks.

The Bitcoin market was bullish before the two previous halvings (hence no clear correlation in my humble opinion). But if you believe there is a correlation then it's important to consider other indicators, and not the halving alone.

When you check the history of Bitcoin price, you will notice there was a clear bullish trend before the two halvings occurred.

I am in the minority here but I doubt this year will be bullish, the trend is still bearish, it has been bearish since we were rejected below 14k last summer.

Watch out for March-April, if they are still bearish months, there is no way IMO the price will skyrocket this year. The important prices here are 10.5k (very strong resistance) and 14k. Before we break these prices again there will be no uptrend.

I am not your financial adviser. Just my opinion  Tongue
Pages:
Jump to: