Topic: bull started? - page 3. (Read 1002 times)
It depends on whether the core of the project itself is strong or not. If the project itself is a very weak project, it will not do much even in a bull market.
It could be that the bull has started as we're already in November, the month I believe favours Bitcoin. I won't be expecting anything contrary to a bullish movement from Bitcoin this month.
Well the price of bitcoin crossed 21k USD and I hope this is the first signs of the bull market. However the control over the excitement is necessary here. Be the pro trader who takes every movement as an opportunity to plan and make money and not go crazy over possible gains or losses.December is coming and we might see winter in the crypto market as well. Whether a good time to buy, No in my opinion. Rather the upward trend means there will be an incoming selling pressure so wait it out. Rather one should have already bought.
Lesson to be learnt from these cycles for newbies, by the time the bull market starts, your bags should be full of the coin to be ready to dump at the high.
What do you smells from it?
I am not that good at analyzing the market but as far as i know, BTC is not there yet. It's like the silence before the storm. You will know the time when the bull will be back in the market again.
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
What do you smells from it?
- In my opinion, we are not in a bull run yet, as the pumping of Bitcoin and other altcoins such as Dogecoin is just a normal market movement. It is guaranteed that their resistance will return to the usual behavior in the market.
But it cannot be denied that there is also a lot of profit in the short term of kicking the value of bitcoin and others. It's a shame because I only have a small number of cryptocurrency assets, although I have them, it's okay for me.
It could be that the bull has started as we're already in November, the month I believe favours Bitcoin. I won't be expecting anything contrary to a bullish movement from Bitcoin this month. As it's now, price is resting on weekly support around $19,500 and I sincerely hope it doesn't break it so we can see it reaching for the $24k region where there's a strong resistance. If anyone must short Bitcoin now, they should be very careful doing that. Otherwise, it's better to wait and aim for long.
The economic crisis holds the entire market to move high. Though I wasn't expecting a huge drop this November, however, it was too hard to think about the recovery as well. I believe the bear season is even likely to stay even next month, so I won't be expecting a $24k price rally but a huge possibility we remain below $20k. Anyways, it was already been accepted, we can no longer expect a fast recovery as we are facing this economic recession and market inflation.
It could be that the bull has started as we're already in November, the month I believe favours Bitcoin. I won't be expecting anything contrary to a bullish movement from Bitcoin this month. As it's now, price is resting on weekly support around $19,500 and I sincerely hope it doesn't break it so we can see it reaching for the $24k region where there's a strong resistance. If anyone must short Bitcoin now, they should be very careful doing that. Otherwise, it's better to wait and aim for long.
People are too fixated on the daily and whenever it goes down they think it will stay down. I am not really in love with that idea, if you ask me I think weekly shows that it is doing much better, 8%+ higher and that's good. I wish it did a bit better, like maybe 22k would be awesome, because if we could have finished there, it would give us something much better.
I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
At the moment, it doesn't really matter at what level we are 20k or 22k, the main thing is that the global support levels do not allow to fall below. The price can repeat these small movements many more times while we are in a bear market and so far I do not see signs that the market is turning bullish, everything remains in the same direction. I do not even rule out a temporary rise to 30k, but then I expect a further fall.
I think it is quite early to conclude the bull market has started. While 10% is good increase but it is better to observe some consistent rise over time, even in weeks, before conclusion can be drawn. IMO, as we are approaching the Christmas period as well as the end of the year, there is a likely increase in activities including activities in crypto space. More days/weeks of observation is required before arriving at conclusion so as to ensure the rise is the beginning of the bull market and not a temporary rise.
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
It just a normal pump happen in some of the coins we have, and I don't think that bear market is done and bull market is what we're having right now, for me bull market is not happen in just a day but rather it will happen every day and make a little by little changes each day that make us more believe that bear is finally ended and we're having bull now. What do you smells from it?
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
What do you smells from it?
I think it is just a retraction. In my option, we are still in a bear market.
If ETH fails to break 2000 USD in the coming 2 months, it will most likely continue below $1000 and perhaps even 800 before taking off again.
Like always, trading is unpredictable but I take my guidance from Elliott Waves and having experienced a few bear markets before.
10% price change and it's only happen for one day is really normal lol, it doesn't have any sign of bullrun or bear market. If you think 10% change on cryptocurrency is really amazing, you should look on past few years chart where Bitcoin price increase for 30% at single day which is a sign of bull market. Also the reason why Ethereum price increase is because Bitcoin price is increase earlier, it's not because of altcoins market.
Bitcoin has lost that force it was known for. It hardly moves anymore today. Past years bitcoin gained $3,000 to $5,000 in a single day. Today if it gains as little as $1,000 people begin to scream and think a bull run has started. It is the same thing with Ethereum. It rises and falls whenever bitcoin does. 10% price rise does not mean much of a bull run in cryptocurrency. It is normal.
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
What do you smells from it?
This could be a common manipulation to make market participants believe that a bull market is now beginning and thus begin to buy. Don't forget, the market is manipulative and often the big players create purposely needed conditions, which many participants are waiting for. Although this does not negate the possibility that it could be the beginning of a real market reversal, but I would not rush too much and wait for more signals confirming increased demand for cryptocurrencies and new players coming to the market.
It's only temporary anyway but sooner or later the price will always recover and continue it's unfinished business but did I heard it correct? As @MinoRaiola said, binance will buy Elon? LoL, I think that's not possible. I know binance is rich but I believe elon is more richer than them. Elon can solo flight and still be profitable on his own.
I also had to laugh when I saw what I wrote. First I misspelled binance and then Elon Musk, I should have written twitter. It is now Changed 
Bullrun: January and Mt.Gox payouts are still coming, I think until then someone play with fear.
Former Obama Adviser Bets his Porsche That Bitcoin Will Rally Again to $60K
Quote
The American is highly bullish on bitcoin, saying he is ready to bet his Porsche that it will once again reach $60,000.
https://cryptopotato.com/former-obama-adviser-bets-his-porsche-that-bitcoin-will-rally-again-to-60k/ 
Currently it is too early to say something like that, the "pump" has been good and special. If this will now go on for 2 weeks and we see prices of 28,000$ and more, then we can scream a little louder Bullrun, i think not yet. There are since two days more positve News about Bitcoin, one looks on twitter and binance, a cooperation could arise here. Binace is said to be interested in buying Elon Musk and want a share.
I think if bitcoin goes back to the big price of 28,000$ there will be a temporary dump of this big whale. but subsequently more than 28k can happen. maybe this will happen in november, will experience a green market and investors will be happy, i hope this is not a trick by big rich people taking a chance, there is still time to enter the market before it is significantIt's only temporary anyway but sooner or later the price will always recover and continue it's unfinished business but did I heard it correct? As @MinoRaiola said, binance will buy Elon? LoL, I think that's not possible. I know binance is rich but I believe elon is more richer than them. Elon can solo flight and still be profitable on his own.
No one can say for sure when the bull run will start but if you look at the serials of the last few years then hopefully we will see a bull market next year so the best thing we can do now is to hold all your Alt coins that are invested. Because they will give you a lot of profit in the wrong season.
People are too fixated on the daily and whenever it goes down they think it will stay down. I am not really in love with that idea, if you ask me I think weekly shows that it is doing much better, 8%+ higher and that's good. I wish it did a bit better, like maybe 22k would be awesome, because if we could have finished there, it would give us something much better.
I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
The problem is that traders try to use a daily trend to predict long term trends, it is obvious that I like what I have seen the price of bitcoin doing during the last days, but this is nowhere near enough to somehow predict that from now own we are going to see a bull market during the next months, we see movements like this all the time in this market which mean absolutely nothing, so chances are that this is just one of those instances and the price could go down once again during the next days or weeks. I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
bullrun will come once bitcoin actually surpassed the mark of $30K since right now it seems bitcoin is just staying around $20K, i would never think bitcoin and cryptocurrencies in general is having bullrun if btc is still like this.
moreover, even though there are some coins actually having increase in term of value, it is very few coins and could be only temporary, I think if there is any bullrun surely it would arrive around the end of 2023, it seems that's the right moment in term of bullrun occurred and the economy might be just getting better than it is right now.
moreover, even though there are some coins actually having increase in term of value, it is very few coins and could be only temporary, I think if there is any bullrun surely it would arrive around the end of 2023, it seems that's the right moment in term of bullrun occurred and the economy might be just getting better than it is right now.
People are too fixated on the daily and whenever it goes down they think it will stay down. I am not really in love with that idea, if you ask me I think weekly shows that it is doing much better, 8%+ higher and that's good. I wish it did a bit better, like maybe 22k would be awesome, because if we could have finished there, it would give us something much better.
I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
Hi. I'm seeing the market take a lot of risk in this bull run. Hope you can keep your profits. Many analysts are also sensing a new record drop ahead.
But enjoy the current price increases & bring profits to your wallet!
Congratulation.
But enjoy the current price increases & bring profits to your wallet!
Congratulation.
For that problem, it's very difficult to guess, but in my opinion it's just an ordinary pump, but there could be a fairly high bull market. because I heard people say that at the end of the year there will be an increase, but that's just speculation. because for market movements it is very difficult to predict.
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