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Topic: BTC restoring faith in bull run. - page 2. (Read 631 times)

member
Activity: 868
Merit: 16
February 23, 2020, 01:36:35 AM
#58
Again I see the people who disscuss about golden cross for bitcoin. Indeed, I'm seeing it in many article a few days ago but it is not suitable with the price movement of bitcoin price right now. The price of bitcoin has been decreasing which I was happy its price has touched $10.000 barrier but it was fall again. I'm hoping there is an expert who really expert to predict bitcoin price movement so we can follow what his prediction, but it is impossible.
hero member
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February 23, 2020, 01:30:26 AM
#57
Last year bitcoin crossed $13,000 and I thought that it was totally going up to $15,000 - $20,000. But it's okay if it stopped there and as long as it has shown that price, there's a hope that it could go better than it was. Maybe for this year or maybe next year.

Halving is one of the factors that's being said by most people that have witnessed bitcoin's great rise during the past 2 halvings. The last one was amazing and it was said that it can perform the same hype but not a bubble anymore because it will gradually rise and will become stronger this time.

Last year it was only able to reach $ 13,000 and this year I think it will be more than that, as you mentioned it was $ 15,000 - $ 20,000 it might have happened because there were indeed a number of main factors that were clearly halving the much awaited and also brought an increase for bitcoin in the year this.
I think this year will be better than the year before seeing from the beginning of January the bitcoin market has begun to show its recovery until it penetrated into altcoin also following the obvious growth this increase will continue until halving occurs, but to restore prices to like in 2017 I still haven't can determine it because it will be very difficult in my opinion.
hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
February 22, 2020, 12:21:27 PM
#56
Last year bitcoin crossed $13,000 and I thought that it was totally going up to $15,000 - $20,000. But it's okay if it stopped there and as long as it has shown that price, there's a hope that it could go better than it was. Maybe for this year or maybe next year.

Halving is one of the factors that's being said by most people that have witnessed bitcoin's great rise during the past 2 halvings. The last one was amazing and it was said that it can perform the same hype but not a bubble anymore because it will gradually rise and will become stronger this time.
It is going to be difficult to reach 20k because it is an enormous psychological barrier, as soon as bitcoin gets close to it like what happened last year people will begin to sell because they are going to afraid the price goes down before or after that level is reached and if enough people do this then the price goes down fulfilling their suspicions, but once that level is broken for good you should prepare yourself because there is no telling how high the price will go but I do not think there is a chance of this happening until 2021 or even 2022.
hero member
Activity: 3038
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February 19, 2020, 03:34:08 PM
#55
Last year bitcoin crossed $13,000 and I thought that it was totally going up to $15,000 - $20,000. But it's okay if it stopped there and as long as it has shown that price, there's a hope that it could go better than it was. Maybe for this year or maybe next year.

Halving is one of the factors that's being said by most people that have witnessed bitcoin's great rise during the past 2 halvings. The last one was amazing and it was said that it can perform the same hype but not a bubble anymore because it will gradually rise and will become stronger this time.
hero member
Activity: 2660
Merit: 551
February 18, 2020, 06:49:15 PM
#54
It seems like a new hype will again start, bitcoin back to $10,000 now after days of downtrend, this is a good price trend so far and I was right that we should not panic when we see some as clearly that's only a correction.

Yes, I was surprised to see the price jumping above five digits again, its this a trap?

Overtime, we will achieve a new ATH but let's talk first about the possibilities this year, from $10,000 now, I think when it pump a bit, it could break the higher resistance and we bitcoin will soon be standing firm in $11,000.

With bitcoin touching $10k again (third time is a charm?) and with so many days prior to the end of the month, we might see $11k if we broke the resistance level around $10500-$10800 so let's see.
hero member
Activity: 3094
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BTC to the MOON in 2019
February 18, 2020, 06:43:32 PM
#53
It seems like a new hype will again start, bitcoin back to $10,000 now after days of downtrend, this is a good price trend so far and I was right that we should not panic when we see some as clearly that's only a correction.

Overtime, we will achieve a new ATH but let's talk first about the possibilities this year, from $10,000 now, I think when it pump a bit, it could break the higher resistance and we bitcoin will soon be standing firm in $11,000.
legendary
Activity: 3094
Merit: 1127
February 18, 2020, 02:18:28 PM
#52
When people are more bullish we will eventually see a bull run this year, I know it's not gonna be easy but the FOMO is a strong factor that could drive the market up hopefully these manipulators would not stop the good bull movement of bitcoin so we will have a great year this year.

I believe whoever invest in $7,000 this year will be able to double his investment within this year as long as he knows how to sell it at the right timing, but of course, I hope this year we will at least end $15K, or probably if more will be given then the better.
$14k is indeed achievable for this year yet we do really have a valid catalyst for an upcoming bull run which is the halving event.We like it or not, FOMO thing would happen this time specially
we are already months away on said event and if you do really want to secure of profits on short time basis then better to sell early before the halving happen.
We do all love bull run and we've been missing this one since 2017 and previous years on similar.Correction is inevitable though thats why we should really be wise on when to take profits
or to get out.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 18, 2020, 01:54:36 PM
#51
So far the price of bitcoin has been bouncing off the $9800 support price, I hope this can last a few days to continue the bullish trend of Bitcoin, it is very risk if holding Bitcoin too much, hopefully bouncing
The price has bounced off once again away from the 9800 resistance level and we are back to a price close to 10000, the next days and weeks are going to be very interesting, if we can surpass 10500 then we may go back to 14000 for each coin but if the price remains at the current range for long then it is likely the bulls will lose interest and will begin to sell their bags, this is important because many retail traders entered their positions above 10000 and if the price keeps going down they will be unable to hold for long and a fast decrease in the price will be almost inevitable.
hero member
Activity: 3052
Merit: 606
February 18, 2020, 06:32:42 AM
#50
When people are more bullish we will eventually see a bull run this year, I know it's not gonna be easy but the FOMO is a strong factor that could drive the market up hopefully these manipulators would not stop the good bull movement of bitcoin so we will have a great year this year.

I believe whoever invest in $7,000 this year will be able to double his investment within this year as long as he knows how to sell it at the right timing, but of course, I hope this year we will at least end $15K, or probably if more will be given then the better.
full member
Activity: 658
Merit: 117
February 17, 2020, 05:21:47 PM
#49
I do hope that this euphoria lasts longer than the previous ones. At best, we may want to hold out on speculating until the halving is completed. But if u were to make a really good guess, it would be that the bull run will be short lived.
hero member
Activity: 3010
Merit: 629
February 17, 2020, 07:29:46 AM
#48
Last year the growth of bitcoin is good as well, the price surge up to $14k (though alts didnt follow) and many investors earned by selling their bitcoin.

For this year we have a high hopes that bull run is possible because of halving. The price reached over $10k but currently the market is declining again, I think its too early to say bull run is on the way if the price cant break last year's highest price of bitcoin
hero member
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February 17, 2020, 06:28:02 AM
#47
The halving hype is enough to make people strong to believe that Bitcoin bull is coming. But that won't come very quickly as our expectations. People are hoping too much, many people already set their mind that after the halving, Bitcoin will have bullish run in this year. But by following the previous bull run, now I feel the Bitcoin bull run may come later in 2020 and in the middle of 2021! But that's true that this halving already made very strong hype about the Bitcoin bull run!

It needs time before we can see the impact of the bitcoin halving. People need to know that bitcoin will increase higher before or after halving because bitcoin has a chance to rise higher. Maybe they still think that bitcoin will be like in 2017-2018, and then the price will go down deep, so they still afraid to invest in bitcoin while the price is still at a low price. Bitcoin price itself is not increasing so high, but it increases step by step, and now, we see bitcoin price is below $10,000, and that will need time to rise again.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
February 16, 2020, 02:51:23 PM
#46
The halving hype is enough to make people strong to believe that Bitcoin bull is coming. But that won't come very quickly as our expectations. People are hoping too much, many people already set their mind that after the halving, Bitcoin will have bullish run in this year. But by following the previous bull run, now I feel the Bitcoin bull run may come later in 2020 and in the middle of 2021! But that's true that this halving already made very strong hype about the Bitcoin bull run!
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
February 16, 2020, 10:42:35 AM
#45
i dare say that the recent drop in bitcoin price could have been caused by the dump in altcoins. at some point it became bigger so that a lot of money kept exiting the altcoin market  and like always when the altcoin panic sells start some part of the money exits to fiat using bitcoin first and that can put a pressure on the rise specially when bitcoin is trying to break a resistance.
sr. member
Activity: 1400
Merit: 259
February 16, 2020, 08:56:43 AM
#44
Like what?
Ethereum and XRP. It is just that, when I think about altcoins those two are in my exemption list.
There is no doubt their demands is going to soar since they are 2 of the most popular in the crypto industry.
How about the others? I still don't see then making some good changes.
Still a downwards graph is being drawn.  Grin
hero member
Activity: 2856
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https://duelbits.com/
February 16, 2020, 08:35:29 AM
#43
I was tired of 2018 and 2019 bearish  Grin
Finally we are seeing great results in terms if price, because even in a bearish year, BTC keep strong with the fundamentals and developing
But it's good to see all in green again and people becoming more confident to buy, believing this price is still cheap and with a plenty room to improve and rise
Let's see what great stuff we'll se this year
Those years are the best time to buy bitcoin and fortunately, I was able to buy bitcoin that time and right now I also believe that it is still cheap to buy. Even if we saw some corrections along the way I still believe that 2020 will be the best year again for us so stay focus and keep your bitcoin safe the bull will become more big.

Yeah, 2018-2019 was the year to buy bitcoin at which time the price of bitcoin was lower because one would not have thought that prices would after reach $ 3,500.
But at times like this we have to know that bullrun will continue to exist until halving arrives, did you benefit from bullrun yesterday?
tnetu with this increase many investors who are and also holders in the long run and now is the time to sell at the time of bitcoin above.
legendary
Activity: 2170
Merit: 1427
February 16, 2020, 08:29:22 AM
#42
We have seen it going around $9800-$10,300, so just a little $500 +/-, and that is still manageable. But for me this is not a bull run, it's just that investors are easily buying in dips and then selling at a profit. And this is a good strategy for short day traders, however, for a holder, they will simply buy Bitcoin whenever they can and just wait for the eventual bull-run. Just be wise and choose your entry and exit point.

It's important to zoom out a bit, because we're very much in a bull run if we go from $6400 to $10,500 in such a short period of time. Just like how during bear markets we don't go down in one straight line (there are plenty of 20-30% pumps happening), we also don't go up in one straight line when the bulls are in control of the macro term.

During bull markets the price likes to bounce off the 21EMA on the weekly, which currently hovers around ~$8600 the last time I checked. In that regard, it's quite simple for me to conclude that it will offer an amazing buying opportunity. I however think traders will front run that level at this point because money is eager to enter so I will get in around ~$9000 if it gets there.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
February 16, 2020, 08:01:41 AM
#41
I was tired of 2018 and 2019 bearish  Grin
Finally we are seeing great results in terms if price, because even in a bearish year, BTC keep strong with the fundamentals and developing
But it's good to see all in green again and people becoming more confident to buy, believing this price is still cheap and with a plenty room to improve and rise
Let's see what great stuff we'll se this year
Those years are the best time to buy bitcoin and fortunately, I was able to buy bitcoin that time and right now I also believe that it is still cheap to buy. Even if we saw some corrections along the way I still believe that 2020 will be the best year again for us so stay focus and keep your bitcoin safe the bull will become more big.
full member
Activity: 1568
Merit: 100
COMBONetwork
February 16, 2020, 06:02:00 AM
#40
So far the price of bitcoin has been bouncing off the $9800 support price, I hope this can last a few days to continue the bullish trend of Bitcoin, it is very risk if holding Bitcoin too much, hopefully bouncing
legendary
Activity: 3080
Merit: 1353
February 16, 2020, 07:24:44 AM
#40
So far the price of bitcoin has been bouncing off the $9800 support price, I hope this can last a few days to continue the bullish trend of Bitcoin, it is very risk if holding Bitcoin too much, hopefully bouncing

If you are going to look at the recent graph, it will tell you that the bounce is somewhat natural.

We have seen it going around $9800-$10,300, so just a little $500 +/-, and that is still manageable. But for me this is not a bull run, it's just that investors are easily buying in dips and then selling at a profit. And this is a good strategy for short day traders, however, for a holder, they will simply buy Bitcoin whenever they can and just wait for the eventual bull-run. Just be wise and choose your entry and exit point.
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