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Topic: Bull run is over? (Read 3668 times)

sr. member
Activity: 1792
Merit: 255
July 06, 2021, 01:16:25 AM
I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him.
Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction?

Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. 

We can see the coins (https://coinmarketcap.com/_

Take it easy, this is common, those of us who are more than 5 years familiar with crypto certainly think that conditions like now often happen, I'm sure the bull run will occur from september to december and maybe make a new record again.
hero member
Activity: 1988
Merit: 593
July 05, 2021, 07:01:15 AM
legendary
Activity: 2772
Merit: 1028
Duelbits.com
July 04, 2021, 06:14:45 PM
I think Bull run is over for real in the cryptocurrency market.  The bull market we saw was very short and sweet.  But I wonder if we are still going to have a repeat of what happened in the first quarter of this year at the end of the year.  The cryptocurrency market is dumping and the last bitcoin  support was $31000 . Whether we are going up or down is not clear now!
is still there and has not ended, it will run according to what is the main target of bitcoin, namely that by the end of the year it will reach renewable ATH again. it is realistic and indeed if you look at the annual halving effect which usually occurs at the end of the year one year later, it has not been seen. There is no sign towards it yet. it still takes time to prepare and the time is still long, it is likely that Q3 will start to appear until the end of the year. we are waiting for the good news.
That stats are pure speculation and there is no reason to believe for this or another analysis market going up or down. The institutional investors will decide when market recovery will happen, the small investors are supposed to follow in the footsteps of the big whales. The bull market will happen if the BTC can cross the $30k support line first.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
July 04, 2021, 10:21:57 AM
For me, in my personal perception, the bullfight has not ended, in fact it is a good option so that you can make a great investment right now since the prices of the alts are very cheap. In fact Waves can turn out to be a very risky investment, but if it turns out the investment can generate very good long-term profit, this article shows a vision of this currency:


Quote
WAVES too noted significant price gains. It had been moving north since 23 June, however, this came to a halt after it again began a sideways journey from 30 June after unsuccessfully trying to break the $16.8 ceiling. The coin’s trading volume fell by 18.19%, even as it recovered by 3.5% in 24 hours.
Source: https://ambcrypto.com/tezos-waves-iota-price-analysis-03-july/

At this time all alts turn out to have the same risk of falling in price even more if BTC falls, but because in the worst crises the best solutions arise I think it is a great time to think about investment, perhaps it is short or medium term.
full member
Activity: 1708
Merit: 105
June 27, 2021, 05:28:21 AM
I think Bull run is over for real in the cryptocurrency market.  The bull market we saw was very short and sweet.  But I wonder if we are still going to have a repeat of what happened in the first quarter of this year at the end of the year.  The cryptocurrency market is dumping and the last bitcoin  support was $31000 . Whether we are going up or down is not clear now!
is still there and has not ended, it will run according to what is the main target of bitcoin, namely that by the end of the year it will reach renewable ATH again. it is realistic and indeed if you look at the annual halving effect which usually occurs at the end of the year one year later, it has not been seen. There is no sign towards it yet. it still takes time to prepare and the time is still long, it is likely that Q3 will start to appear until the end of the year. we are waiting for the good news.
member
Activity: 282
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
June 26, 2021, 05:13:06 PM
I think Bull run is over for real in the cryptocurrency market.  The bull market we saw was very short and sweet.  But I wonder if we are still going to have a repeat of what happened in the first quarter of this year at the end of the year.  The cryptocurrency market is dumping and the last bitcoin  support was $31000 . Whether we are going up or down is not clear now!
Yes, I agree, everything has an end. Bull run right now is over. I believe that the prices will also form a new peak or increase little by little and this end will spread good news. But, just like what happened in the first quarter, we must need to be ready and expect since crypto currency will not always be the same since this has increasing of price and downfall. We don't have an idea when will it happen again. We don't know if we are going to up and down because it is not clear now. But, still I believe that it will boost its price someday, all just we need is to wait and trust on it.
hero member
Activity: 1988
Merit: 593
June 26, 2021, 11:10:44 AM
full member
Activity: 658
Merit: 100
June 26, 2021, 11:09:03 AM
I think Bull run is over for real in the cryptocurrency market.  The bull market we saw was very short and sweet.  But I wonder if we are still going to have a repeat of what happened in the first quarter of this year at the end of the year.  The cryptocurrency market is dumping and the last bitcoin  support was $31000 . Whether we are going up or down is not clear now!
sr. member
Activity: 1344
Merit: 253
June 26, 2021, 10:48:59 AM
I think the crypto bull run has not ended, it's just that it's been delayed a bit, because I believe this year is the year of crypto, indeed no one can predict the crypto market, but I believe the bull run is not over yet, because the crypto world still has great potential in various aspects.
If you look at the current trend, the market is still in an uptrend. The current correction is indeed making people worry about making a decision. I think we are still safe if we want to buy, and of course there is no guarantee for that in the near future, but if we invest for the long term, I think it is still very worth it.

There is no guarantee in this world, everything we have to take the risk, risk it is impossible to make profits. We have to make a decision based on the market situation, so we should always aim for the long term instead of short term.

if we aim for the long term, then I believe the price can form a new peak, moreover a lot of good news is spreading, like elsalvador. I hope that with the increasing number of good news it will stimulate investors to use cryptocurrencies, so that prices will skyrocket again. on the other hand we don't need to worry because in the previous year bitcoin actually touched the price of around $3.5k, and at that time many people were pessimistic
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
June 25, 2021, 07:58:20 PM
I don't think the bullish trend is over, as BTC is recovering little by little, however XLM is a somewhat old currency that is showing more signs of giving a good pump, XLM can give a good pump, because when observing in the technical analysis that it has a candle in red, it seems to be dominant, but the volume profile indicates that the trades are at high price levels, hopefully if BTC continues to rise, it can reach the price levels, this is a bonus for XLM fans:


Quote
Stellar (XLM) has bounced off the resistance at $0.2742 having confirmed the bearish power. If sellers cannot break this level, there is a high chance to see the retest of the formed support at $0.1988 soon.

XLM is trading at $0.2517 at press time.

This coin has remained like a sleeping lion, it may be activated with the bullish trend of BTC if everything goes well, the only way is that it does not activate because it falls in price, it is a probable scenario, but it is a risk to take.

50.- https://bitcointalk.org/index.php?topic=5329837.80

Coins such as BNB, ETH, belong to a technology that we have always seen and known, now I wonder if on the part of technology DEFI can shine as these coins, I think it is between DOT, LINK and UNI, for now UNI is somewhat asleep, as some think that a bullish trend may be triggered if BTC rises, however this technical analysis states that:


Quote
Uniswap (UNI) is trading similarly to Stellar (XLM) as it is also trading in the sideways trend. From the technical point of view, the altcoin may come back to the support zone at $14 before the possible growth continues.

UNI is trading at $16.78 at press time.
Source: https://u.today/btc-xrp-xlm-uni-and-dot-price-analysis-for-june-25

The expectations that are expected for UNI are great, however, I insist that everything depends on BTC, if BTC falls all T.A is invalidated, although if the movement occurs, we could see many investors gaining a lot.
full member
Activity: 784
Merit: 101
June 06, 2021, 07:01:46 AM
I think the crypto bull run has not ended, it's just that it's been delayed a bit, because I believe this year is the year of crypto, indeed no one can predict the crypto market, but I believe the bull run is not over yet, because the crypto world still has great potential in various aspects.
full member
Activity: 1064
Merit: 100
Combo Network
June 05, 2021, 11:44:32 AM
bull run never over, it's just that right now the market is correcting before increase even higher (bull run), so now is an opportunity for us to invest in cryptocurrency before the bull run happens again, because I believe that soon the market will recover and of course there will be another bull run, so we will get a big profit from investing in cryptocurrency at this time, so don't let us miss this opportunity or we will regret it.
Yes, at least we have to take advantage of this opportunity so that when there is another bull run, it will be profitable.
hopefully what you say really happens the market can recover soon,
I hope it can be realized in the near future and everyone is looking forward to it for sure
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
June 03, 2021, 04:49:23 PM
in my opinion it's still not over because bullrun peaks usually occur at the end of the year the same as usual, so this is just a short correction to get to the next bull run.
but if you are in doubt you can get out of the market for a while and enter when you are starting to believe the market will recover.

Do you have a concrete example of that?

I've witnessed one bull run only, it's in 2017 and the second half of the year 2018 going forward before this bull run was all correction or bear market.
Look like you've seen it differently, so can you please elaborate?
sr. member
Activity: 1890
Merit: 252
June 02, 2021, 05:44:26 PM
The market is bearish indeed and the bull market we had might be the end a circle.  I am find it difficult to see how much of influence Elon had on the market  . If the bull market was because of Elon,  it may be safe to say the bull market has not even began! We might see a stronger positive sentiment in the market at the end of the year!
right now the market is starting to recover a little compared to when it was a few weeks ago, but even so we can't say if the market has recovered 100% now, because I see the price of bitcoin in the market still often experiences price resistance which causes price declines even though not too much big but still worth our attention today.
before Bitcoin price crosses $42k, I'm still bearish on Bitcoin, but if Bitcoin reaches $42k more I will change my mind,
because according to bitcoin analysis it should be above the $42k to $45k zone, if it stays in that area there may be potential to go down.
$50k in short term, yes it's still consolidating, stay tuned and calm down
sr. member
Activity: 1386
Merit: 250
1XBit.com
June 02, 2021, 08:56:37 AM
The market is bearish indeed and the bull market we had might be the end a circle.  I am find it difficult to see how much of influence Elon had on the market  . If the bull market was because of Elon,  it may be safe to say the bull market has not even began! We might see a stronger positive sentiment in the market at the end of the year!
right now the market is starting to recover a little compared to when it was a few weeks ago, but even so we can't say if the market has recovered 100% now, because I see the price of bitcoin in the market still often experiences price resistance which causes price declines even though not too much big but still worth our attention today.
member
Activity: 1162
Merit: 58
June 02, 2021, 04:14:41 AM
The market is bearish indeed and the bull market we had might be the end a circle.  I am find it difficult to see how much of influence Elon had on the market  . If the bull market was because of Elon,  it may be safe to say the bull market has not even began! We might see a stronger positive sentiment in the market at the end of the year!

dont worry its fading mate Elon's influence seems to me that is slowly taking no effect to market.

 https://coinmarketcap.com/

Look at the flow now, starting of a New good day for the whole market.

Bull market over?? No no. On the contrary. It only JUST begun.
Beginning AGAIN actually.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
June 01, 2021, 11:01:26 PM
Apparently for many the bullish race has run out of gasoline, many are betting that BTC will continue to fall in price, with ETH there is also some bad news, but sometimes bad news is good to be a buying signal:




Quote
The pair's recovery has slowed down this morning, and the price may return to the three-hour EMA55. If the level of average prices does not stop the bears, the pair may roll back to the psychological level of $2,000.
Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-june-1

Unlike the article, I have a very different way of thinking, because I see this price level as an opportunity, if eventually the BTC will recover, when BTC recovers, the first one to go in the direction of BTC is ETH, then it is likely that the Those who buy now have profits in the short to medium term.
newbie
Activity: 6
Merit: 0
May 28, 2021, 12:39:51 AM
Bull market over?? No no. On the contrary. It only JUST begun.
hero member
Activity: 3234
Merit: 774
🌀 Cosmic Casino
May 23, 2021, 05:53:18 PM
I am not sure if bull run is over or not, because if we take a look at the trend of bitcoin price, we can see the downtrend. The price of bitcoin now is just $39k from the peak price $62k. Lets hope the best for crypto so we can dig more profit
We can say that it's just a downtrend but not finally over. But it's hard to maintain the positivity that we're still in the bull market because the market has been not the same anymore from what we're a few weeks or month ago. But needless to say, we're just going through again from the past prices that we've been a few months ago and that's still a good number to be considered and say that we're still really in the bull run and it's not yet done.
We wont know until it would be proven out because we have seen several times of these kind of dips or corrections to happen and eventually make out some recovery later on.
For now if this down trend would continue for a while or in months then we can definitely say or tell that the bull run is over and here comes the another winter run in crypto
market specially now that there are lots of sentiments or news that floats around in the market where its really hard to believe on that we would be seeing
some recovery in shortest time as possible.
Yes, if it goes for a month or so then that will validate and confirm that it's not a bear trap but it's actually a sign that we're entering the bearish market.
And in that signal, there will be investors that would just go away in the market and will avoid to look at their portfolios to not see how much they've gotten as loss.
jr. member
Activity: 298
Merit: 3
May 23, 2021, 12:33:19 PM
maybe today we will know bull run is over or not if btc bounce back it not over

if lower than 30k and go to 20k this is sign for bear is coming.
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