Topic: Bitcoin the most Bullish crypto of the moment (Read 473 times)
The market is very different because only BTC is going up, the rest of the coins are just not moving. It might take a while before they grow because it's only BTC that is safe until the infrastructure bills for crypto are decided.
All cryptocurrency is considered SECURITY TOKEN which is going to treated differently compare to BTC and I guess this is one of the reason why other currencies are not growing.
I believe btc is bullish this year, at least until the end of the year. Because I believe the 4 year cycle Btc. Even i believe will see btc $55k till end of year, even more.
We have seen a different market phase this year compare to the last halving season where after BTC reached its ATH suddenly it falls down heavily but as of now since bitcoin got huge adoption together with more people are supporting it we see a good recovery after bear market strikes so since the trust of investors are coming back again provably we can see that $55k prediction to get hit again this year but what I like to see more from it is that we can see another good leap and we will hit the $70k since it will give good impression to bitcoin if this one happen.The market situation today is very different as compared couple of years ago. And now that the market is going up again, a lot of people will again jump on this market and you will hear the same regrets saying they should have bought when btc went down to 30k, etc.. The adoption today is growing stronger owed to these big companies that are continuously giving news about the acceptance of btc in their payment system, and more countries that are joining this market. El Salvador, Portugal and other countries are becoming more friendly when it comes to crypto transactions.
Its quite unusual today that the Euro is falling vs the Dollar because dollar rose yet BTC is also very positive and rising too at the same time. Normally it would not do this but its beyond just a normal positive move I guess. I'm not yet certain if it indicates strength or some ending to the move possibly. So long as it closes above the 200 day average going into end of the week I would guess it was genuinely bullish action, my judgement short term is to stay above 44.5k or two day average for momentum in order to maintain the story for recovery this year. Otherwise as a trade I might guess on people speculating downwards in the usual pullback type of action.
Yes bitcoin is still bullish this year. However I'm pretty worried it's only going to last a few weeks. I bought some btc when the price was $50k+ . It is very painful to see the market has not fully recovered.
I believe btc is bullish this year, at least until the end of the year. Because I believe the 4 year cycle Btc. Even i believe will see btc $55k till end of year, even more.
We have seen a different market phase this year compare to the last halving season where after BTC reached its ATH suddenly it falls down heavily but as of now since bitcoin got huge adoption together with more people are supporting it we see a good recovery after bear market strikes so since the trust of investors are coming back again provably we can see that $55k prediction to get hit again this year but what I like to see more from it is that we can see another good leap and we will hit the $70k since it will give good impression to bitcoin if this one happen.
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price $45,019
If you have study, the entire market in the past few weeks you will discover the cryptocurrency market is a system, and this system works together in terms of market value, but at some point, some cryptocurrencies perform more than others e.g. Bitcoin which is the dominant cryptocurrency. Bitcoin at the moment is in another bullish position while other altcoins, except a few, are in a downtrend mode this leads me to the conclusion that Bitcoin is the most Bullish crypto at the moment.free to add your opinion on this, but the view should be limited to 2021 alone.
What you're actually see is trends in action - whenever Bitcoin has risen, most of the larger altcoins have risen in tandem and the opposite when it falls. You'll see much the same sort of action if you pay attention to the stock market for long enough. This peak and trough action has been going on long before 2021 and will continue indefinitely. Warren Buffett has actually referred to this as a "rising tide lifts all boats. When times are good money is spread out between all cryptocurrencies but when times are bad it also flees just as fast. There is definitely some money to be made trying to figure out the relationships involved but the market leader will almost always outperform in such an environment. It can be incredibly tough to do things like day trading off this knowledge, so it is never recommended.
Bitcoin has been bullish since the beginning, I have never seen an Altcoin that was more valued than Bitcoin. The rise in the price of Bitcoin has led to an increase in the price of others Altcoin. Only the price is visible to everyone but no one discusses its market capitalization, usability, potentiality, liquidity.
Now Bitcoin is the dominant cryptocurrency with height market cap & potentiality. And over time it will dominate the whole world one day.
Now Bitcoin is the dominant cryptocurrency with height market cap & potentiality. And over time it will dominate the whole world one day.
Code:
price $45,019
If you have study, the entire market in the past few weeks you will discover the cryptocurrency market is a system, and this system works together in terms of market value, but at some point, some cryptocurrencies perform more than others e.g. Bitcoin which is the dominant cryptocurrency. Bitcoin at the moment is in another bullish position while other altcoins, except a few, are in a downtrend mode this leads me to the conclusion that Bitcoin is the most Bullish crypto at the moment.free to add your opinion on this, but the view should be limited to 2021 alone.
I don't agree with you, we can see the last few weeks the price of bitcoin and most of the altcoins in the crypto market have increased in price, so I'm not saying only Bitcoin is the most bullish but some altcoins are experiencing the same thing.
Anyone still thinks they will be able to buy below 30k? Few days back there were several post on btc next level of price dump but just as always btc managed to prove everyone wrong, this is the of the majority, even though the market is very volatile, btc price always manage to come back whenever it experience a dump, congrats to those who have the nerve to buy when the price was really down.
bitcoin is the most bullish coin of the year where at the beginning of the year it reached 64k$ and dropped to 30k$ and rose again to 45k$ at this time, maybe some people are selling bitcoin at this time, I personally selling my BTC
I think it's too early to take profit even if selling it at the targeted price but the bullish market will bring a new surprise to reach BTC prices higher than the current market, at least the initial high after the correction will soon be $50k. 
The reason why bitcoin is the most bullish crypto of the moment is that the demand for investment is increasing with the rise in the price of bitcoin which will help the bull run back in the crypto market. Also with the rise in the price of bitcoin the value of altcoin is rising, for which many projects are being added to crypto more than a thousand such virtual currencies were introduced after the success of bitcoin did not succeed like bitcoin this gives an indication of the future financial system based on virtual currency.
It might be because bitcoin has a lot of demand, which lead it to be bullish. Meanwhile, other altcoins have many competitors among them, they don't have such a big value like bitcoin yet, so it's harder for them to survive, let alone make their demand high. That's why bitcoin always do better than other altcoin, since bitcoin has a great value, many people want it, which is not the case with altcoins. Of course. there are many altcoin that are promising and have a lot of people wanting to buy them, but I guess bitcoin is still number one for people and why it's bullish most of the time.
BTC is always the most bullish crypto for me. Yeah, there are some altcoins that pump and dump in 1000% but BTC is most stable even with his volatility. I can trust only in BTC and few altcoins.
bitcoin is the most bullish coin of the year where at the beginning of the year it reached 64k$ and dropped to 30k$ and rose again to 45k$ at this time, maybe some people are selling bitcoin at this time, I personally selling my BTC
Bitcoin at the moment is in another bullish position while other altcoins, except a few, are in a downtrend mode this leads me to the conclusion that Bitcoin is the most Bullish crypto at the moment.
free to add your opinion on this, but the view should be limited to 2021 alone.
Most of the times bitcoin is doing well more than the altcoins there is in the market. As for this month (or week, depending on what you’re looking at), there are also other coins that performed really well and their value have increased much.free to add your opinion on this, but the view should be limited to 2021 alone.
It is just like Elrond, the token had around 29% increase for the month, and it also increased today on the daily chart. And as for Ethereum, if you check the chart based on monthly, Ethereum has had more increase than Bitcoin with over 40% increase. Bitcoin did around 30%. The only place that bitcoin has been beating them today is on the daily chart, it has mostly been on the green today.
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It has been bullish all this time along, OP. In smaller picture, it would look like that it is bearish just because it went from 60k+ down to 30k+. Back then, 20k was the most discussed price to be the possible ATH of Bitcoin, but look at it right now on where it led to. Even at around 25k+, I would still consider it bullish.
Yeah. A few major pump and dumps have pushed the price back up to 45k, but we still don't see the type of frenzy we saw when the price topped out at 64k just four months ago.
The next potential catalyst to a breakout is a slight change in sentiment in the markets. The average trader has this "lock and load" mentality. Most are not afraid to buy all the way up to their maximum limit.
its been known that crypto works together but this unity was broke lately and no not because bitcoin have solo rise but it was the etherium that im watching growing alone and i think btc followed because of this while others are unfortunate to be left out on this ride . while of course when it comes to being dominant in overall statistics nothing will beat bitcoin on that and eth can continue remain in the secondary spot .
Bitcoin has certainly been trending up lately.
Bitcoin is the safest compared to altcoins, and it's suitable for beginners. What matters is that we believe in Bitcoin.
Because more and more people are paying attention to bitcoin and using it. Increasing the use of bitcoin and increasing its value. Bitcoin will be worth more and more in the future.
If there were no bitcoin, there would be no shanzhai. Bitcoin is the king of cryptocurrencies.
Bitcoin is the safest compared to altcoins, and it's suitable for beginners. What matters is that we believe in Bitcoin.
Because more and more people are paying attention to bitcoin and using it. Increasing the use of bitcoin and increasing its value. Bitcoin will be worth more and more in the future.
If there were no bitcoin, there would be no shanzhai. Bitcoin is the king of cryptocurrencies.
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It has been bullish all this time along, OP. In smaller picture, it would look like that it is bearish just because it went from 60k+ down to 30k+. Back then, 20k was the most discussed price to be the possible ATH of Bitcoin, but look at it right now on where it led to. Even at around 25k+, I would still consider it bullish.
I agree a lot of people only see Bitcoin making it to ATH above $60k, then as it finally drops to $30k, they think Bitcoin is no longer in a bullish trend.
In fact, if we research the movement of Bitcoin from the beginning to enter the market, which is what a lot of people wanted $20k after the 2017
bull run and after that the Bitcoin price fell quite a bit. This means that as long as Bitcoin is still above $20k, I still think Bitcoin is still in a bullish trend.
Moreover, for the past few days Bitcoin has always been above $40k, this is a very good sign, should be in the near future Bitcoin will return to
the ATH price.
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It has been bullish all this time along, OP. In smaller picture, it would look like that it is bearish just because it went from 60k+ down to 30k+. Back then, 20k was the most discussed price to be the possible ATH of Bitcoin, but look at it right now on where it led to. Even at around 25k+, I would still consider it bullish.
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