Topic: Bull Run or Dead Cat Bouncing ? - page 4. (Read 1612 times)
Bull run started I think and it is still good to us because in the year 2019 only we need is a little push to other investor to go back again and to those who are willing to invest to the bitcoin. Next year we expect the more and better price than today.
bull run=
2016 $300^
2017 $900^
2018 $3200^
2016 $300^
2017 $900^
2018 $3200^
I remember the 2016 one because I sold a few months later. It was a mistake (its not like I have tons of assets) because after a bottom like that it generally rolls upwards and all I had to do was have some patience. I dont know if I would say this point is that area or not but even if it was the same you cant expect anyone to be happy or that optimistic for maybe 6 months
Even without a new low people will keep on with the same troll comments and negativity most likely because its perceived to have lost vs the highs.
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was the bottom because it was close to the mining costs.
I didnt think mining costs were fixed, thats what I heard. I mean the industry overall, I guess some businesses have set their price point needed too high. But I would also guess there is some out there with some renewable power source who can survive a lower price.
The difficulty should adjust downwards if miners are being squeezed out, its a scenario thats been anticipated or so far as I know. Efficiency always counts, theres no doubt on that and its going to be a factor in every industry
I am not smart enough to know the difference between a bull run or a dead cat bouncing in these type of markets. I know what they are but I can't really tell them apart while I am in them, some time needs to pass before I can actually see what happened and call it what it is. However right now there is a trouble with how horrible people look at bitcoin and are really just resentful towards it because of the price which means whenever people feel like they can sell bitcoin, they will.
This means the price will take sometime before it can actually have a good bull run uninterrupted. This one "seems" like a dead cat bouncing to me not because of any technical details but because if you check bitcointalk and reddit people call its a fake out and this market is run by people so whatever they say eventually becomes reality.
This means the price will take sometime before it can actually have a good bull run uninterrupted. This one "seems" like a dead cat bouncing to me not because of any technical details but because if you check bitcointalk and reddit people call its a fake out and this market is run by people so whatever they say eventually becomes reality.
In this case it isn't hard to tell. The next halving is way too far away for this to be a bull run starting, and there isn't any other reason for a bull run to start. So that leaves the other option you mentioned, a dead cat bounce.
Let's forget the block halving because is way too far (2020). If you look at the sudden spike, the mental barrier is $3800 but bitcoin just steamroll that price and easily broke $4K as well. I think there's a lot of FOMO right now but I would agree that this is too early to say that we are having a bull run mentality. I wouldn't say that this is a dead cat bounce as well. Maybe this is just the start of another side way patterns up to the Q1 of next year.
Just a couple weeks ago the price was in the $6k range FOR MONTHS. Of course we are due for a bounce. Straight down doesn't work any more than straight up does.
In this case it isn't hard to tell. The next halving is way too far away for this to be a bull run starting, and there isn't any other reason for a bull run to start. So that leaves the other option you mentioned, a dead cat bounce.
I think it's technically a dead cat bounce. But there's a lot of ambiguity with that term. Most people assume it means "doom, price is going much lower." If we're near the beginning of an accumulation phase, that's not necessarily true.
We should expect the lows to be retested and undercut following this bounce, probably sometime in early to mid 2019. But often times these moves end up quickly rejected and we get "spring"-like action.
Here's an example. Right now, I believe we are currently in "AR":
I am not smart enough to know the difference between a bull run or a dead cat bouncing in these type of markets. I know what they are but I can't really tell them apart while I am in them, some time needs to pass before I can actually see what happened and call it what it is. However right now there is a trouble with how horrible people look at bitcoin and are really just resentful towards it because of the price which means whenever people feel like they can sell bitcoin, they will.
This means the price will take sometime before it can actually have a good bull run uninterrupted. This one "seems" like a dead cat bouncing to me not because of any technical details but because if you check bitcointalk and reddit people call its a fake out and this market is run by people so whatever they say eventually becomes reality.
This means the price will take sometime before it can actually have a good bull run uninterrupted. This one "seems" like a dead cat bouncing to me not because of any technical details but because if you check bitcointalk and reddit people call its a fake out and this market is run by people so whatever they say eventually becomes reality.
In this case it isn't hard to tell. The next halving is way too far away for this to be a bull run starting, and there isn't any other reason for a bull run to start. So that leaves the other option you mentioned, a dead cat bounce.
Let's forget the block halving because is way too far (2020). If you look at the sudden spike, the mental barrier is $3800 but bitcoin just steamroll that price and easily broke $4K as well. I think there's a lot of FOMO right now but I would agree that this is too early to say that we are having a bull run mentality. I wouldn't say that this is a dead cat bounce as well. Maybe this is just the start of another side way patterns up to the Q1 of next year.
I am not smart enough to know the difference between a bull run or a dead cat bouncing in these type of markets. I know what they are but I can't really tell them apart while I am in them, some time needs to pass before I can actually see what happened and call it what it is. However right now there is a trouble with how horrible people look at bitcoin and are really just resentful towards it because of the price which means whenever people feel like they can sell bitcoin, they will.
This means the price will take sometime before it can actually have a good bull run uninterrupted. This one "seems" like a dead cat bouncing to me not because of any technical details but because if you check bitcointalk and reddit people call its a fake out and this market is run by people so whatever they say eventually becomes reality.
This means the price will take sometime before it can actually have a good bull run uninterrupted. This one "seems" like a dead cat bouncing to me not because of any technical details but because if you check bitcointalk and reddit people call its a fake out and this market is run by people so whatever they say eventually becomes reality.
In this case it isn't hard to tell. The next halving is way too far away for this to be a bull run starting, and there isn't any other reason for a bull run to start. So that leaves the other option you mentioned, a dead cat bounce.
A "dead cat ounce" can only be determined after a STOCK has collapsed to zero. Cats don't bounce back to life. It is a dip or correction or fall, but not a dead cat bounce.
That's not the conventional definition. A "dead cat bounce" just means a temporary recovery before a downtrend continues. I'm not sure what you call a stock that's collapsed to zero. The closest thing I can think of is a speculative bubble asset, like with tulip mania. "Dead cat bounce" doesn't imply that though.
A "dead cat ounce" can only be determined after a STOCK has collapsed to zero. Cats don't bounce back to life. It is a dip or correction or fall, but not a dead cat bounce.
My short-term prediction for the next Bull run, would be Q1 of 2019. I base this prediction on the expectation that the SEC might approve the first Bitcoin ETF and that it would inevitably push up the demand for bitcoins. We are currently seeing a lot of financial institutions preparing for something big and I think they too anticipate a possible approval of the first Bitcoin ETF.
that seems too early to me. after such a long and brutal bear market, it would be very surprising to see a bull market emerge so quickly. the change from bear to bull is usually slow.
i'm not sure most of the institutions expect ETF approval. goldman and morgan stanley are clearing futures and will launch their own. bakkt and nasdaq are pursuing futures too. citi is looking into a different type of security called a DAR.
i'm personally bearish on the idea of ETF approval. after seeing what clayton and others have said, it just seems futile to expect much.
I find this a too steep climb.
Looks like the people dumping are buying back with profit.
Looks like it will soon correct again and then stabilize.
Looks like the people dumping are buying back with profit.
Looks like it will soon correct again and then stabilize.
There is zero chance the bull run is start already. Last cycle it took like 9 or 10 months after the price stopped dropping for the bull run to start. Right now we're only a few days out from the current bottom. This is just volatility along the bottom, bouncing off an oversold position. Expect 3000s and 4000s for at least several months to come.
I am not smart enough to know the difference between a bull run or a dead cat bouncing in these type of markets. I know what they are but I can't really tell them apart while I am in them, some time needs to pass before I can actually see what happened and call it what it is. However right now there is a trouble with how horrible people look at bitcoin and are really just resentful towards it because of the price which means whenever people feel like they can sell bitcoin, they will.
This means the price will take sometime before it can actually have a good bull run uninterrupted. This one "seems" like a dead cat bouncing to me not because of any technical details but because if you check bitcointalk and reddit people call its a fake out and this market is run by people so whatever they say eventually becomes reality.
This means the price will take sometime before it can actually have a good bull run uninterrupted. This one "seems" like a dead cat bouncing to me not because of any technical details but because if you check bitcointalk and reddit people call its a fake out and this market is run by people so whatever they say eventually becomes reality.
I'm betting that this is just a dead cat bounce, the bears have full control over this market and they can dump it down anytime. Bull run will begin in January next year as bakkt is released
Crypto is unpredictable mate, It is not dependent on bakkt and yes I hope you remember when the market was continuously dumping bakkt changed their mind to start their project on January. Anything can happen over a night that's the reason people say crypto is risky.
I wouldn't call this a bull run until we start hitting $6k again. It would be good if we could go through Xmas into the NY and stay above $4k. The majority are still calling $1500, lets hope they are wrong!
As we can see the price grow a bit, and even if will not be a new ATH this month, i think next year we can have a new ATH, just hold until then and why not buy more or get more coins if is possible and waiting until bull run.
Easy. Dead cat bounce. Classic. No question.
I think in the long run, bitcoin will get a bullrun, in 2018 bitcoin is too concerned, but as time goes on, the increase will begin soon.
Difficult to say.
I guess there was not enough volume to support the bounce for getting a bull run started and break that support around 5-8 - 6K.
on the otherhand, sellers were not getting price lower than 3.1K.
For now the bottom is in I guess.
Let's see if it holds when tested again later on.
I guess there was not enough volume to support the bounce for getting a bull run started and break that support around 5-8 - 6K.
on the otherhand, sellers were not getting price lower than 3.1K.
For now the bottom is in I guess.
Let's see if it holds when tested again later on.
It's neither of the two. The increase that is happening right now is just a nice recovery for the month. It hasn't proven anything as of now, simply a recovery. Though, bitcoin holders are thinking really good about this. For me, I'm hoping that this is a sign of the bull run. Though, a lot of recovery is needed before bull run. The one-year drought is tremendous. Very long recovery is required.
That could be true. The long term bull run might happen later next year.
bull run=
2016 $300^
2017 $900^
2018 $3200^
daily/weekly volatility=
cubs(small bears) v
calves(small bulls)^
personally i use the mining cost/market dynamic numbers to help find the bottomline support which has been a good guide for years of knowing the bottom.
the final difficulty adjustment of 2018 just happened. and so now we are in the realm of mining pools knowing the next difficulty jump WILL be affected by the delivery of next gen asics getting delivered in a week to thousands of people.
pushing up hashrate. pushing up costs. and therefore making many prefer to buy coin as a cheaper option, sparking a price rise
2016 $300^
2017 $900^
2018 $3200^
daily/weekly volatility=
cubs(small bears) v
calves(small bulls)^
personally i use the mining cost/market dynamic numbers to help find the bottomline support which has been a good guide for years of knowing the bottom.
the final difficulty adjustment of 2018 just happened. and so now we are in the realm of mining pools knowing the next difficulty jump WILL be affected by the delivery of next gen asics getting delivered in a week to thousands of people.
pushing up hashrate. pushing up costs. and therefore making many prefer to buy coin as a cheaper option, sparking a price rise
I agree with your points. Did not know this as a matter of fact and simply another reason why Bitcoin will rise again at some point in the future most likely in the next 1-5 years. I don't think that the ETF proposal any such reason will help push the market in the upward direction.
Mainstream adoption and the supply and demand logic are 2 primary reasons which can help push the market in the right direction. HODLING for the long term is the best strategy in this aspect.
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