There have been big dips in bull markets. Institution are all still buying, Elon is keeping all of his, micro strategy is adding.
Just because China had a big shake up due to regulatory laws that came about last week. Doesn't mean the rest of the world is getting out. Me personally I am glad the miners in China are getting regulated. The helps it stay more decentralized.
Topic: Bullrun Done? - page 2. (Read 535 times)
Nope, the market isn't done yet with the bull run. What we see now is a correction occasioned by the FUD from Elon Musk and China. Even without the FUD, the correction would still have come. Well, may be not as heavy as it's with the FUD anyway. Nevertheless, I for one, believe that 2021 is a thorough bull year. The market will bounce back soonest despite the knocks it's getting at the moment. If this correction had happened in November or December of this year, may be I would've drawn conclusion that the bull run had come to an end. But this is far from it as we are still in May. Panic sellers will regret their actions. The diamond hands will be the happier for this dip as it affords them the opportunity to accumulate more.
It's actually hard to proclaim that the bull run has already ended. The market is indeed hard to understand at the moment because the price movement of bitcoin is very confusing. Nevertheless, we should not expect much from bitcoin right now but that doesn't mean we'll lose hope that things may turn around all of a sudden. Who knows what might eventually happen, as usual the market is very hard to predict but I think you would win more if you will be holding your bitcoin still or you can just try buying whenever the price is falling down.
Somehow I don't think that bull run is over. Thing is, people are so scared now and majority think that we are entering into bear market now, and those who are controlling the market want exactly that, people selling their BTC in panic, so they can buy with a nice discount.
So yeah, I think that we have at least few more months left, but it will take some time before we reach those previous levels over 60k. In the meantime, best you can do is to focus on getting more BTC!
So yeah, I think that we have at least few more months left, but it will take some time before we reach those previous levels over 60k. In the meantime, best you can do is to focus on getting more BTC!
Double top, don't sell and thank me later.
If you haven't doubled your btc collection on the way down then you are lost.Personally, it's still going down.
we will see a double top just like 2017, 2013 and 2010. the trend will continue. but for now the rises are over and we will see this drop stay, since the $30k seems to be holding well this may be the end of the drops too but you will never know when it comes to weak hands.
the target for this year is still over $400k.
the target for this year is still over $400k.
In my case, I don't think it is over. I think we are just watching the same old story again. As soon as the panic passes, the price will go through the roof, and we will at least pass the $100K mark this year. There is no offer left. Scary sellers have sold almost everything. The underlying demand is there, as soon as the price stabilises or a clear rebound is seen, the FOMO will start.
Hey everyone! just trying to gather some sentiment what do people think are we at the end of the bullrun here or is it possible for a double top (similar to 2013)?
What does everyone think?
What does everyone think?
Most likely if we close today below 21 Weekly moving EMA, it might be end of bull run for some months. We never go below 21 W-EMA in entire 2017 bull market. Anyways this time is different and hence there is possible chance we recover very quickly.
Unfortunately, I'd enter the crypto market in late 2017 and it might I don't understand technically what is double top in 2013.
But based on this thread, the historical correction of Bitcoin since day one was we're only at 51% based on the chart.
But yet, we can't predict the market price accurately so we're all here having an assumption that it will resist right after this correction, it seems there's an opposite reaction or a V shape on the market price. Who knows, if you still have faith, just keep holding if you didn't see your profit yet.
But based on this thread, the historical correction of Bitcoin since day one was we're only at 51% based on the chart.
One image that contains all information you need:
But yet, we can't predict the market price accurately so we're all here having an assumption that it will resist right after this correction, it seems there's an opposite reaction or a V shape on the market price. Who knows, if you still have faith, just keep holding if you didn't see your profit yet.
I didn't know about the double-top in 2013 I didn't experience it like I still didn't know it.
We've been enjoying the Bullrun all this time and now that the market has changed significantly don't even know the monthly wait for a fall like this, I am very sad to see the portfolio I have kept so far and one that is holding tight for a long time.
I will not be careless. This is still a strong sentiment and not a correction anymore. It could be worse towards 20k .. Ohh no
We've been enjoying the Bullrun all this time and now that the market has changed significantly don't even know the monthly wait for a fall like this, I am very sad to see the portfolio I have kept so far and one that is holding tight for a long time.
I will not be careless. This is still a strong sentiment and not a correction anymore. It could be worse towards 20k .. Ohh no
Hey everyone! just trying to gather some sentiment what do people think are we at the end of the bullrun here or is it possible for a double top (similar to 2013)?
What does everyone think?
What does everyone think?
Double top is difficult, but let's see... I think bull run is over.
Good thing is the market don't necessarily do what people think, which means it can go either way, end of bull or double top who knows, it seems we are all in a confused state, within a very shot time, the bear already eaten dip into the market, between whales are probably accumulating.
For now, short term, yes.
Hey everyone! just trying to gather some sentiment what do people think are we at the end of the bullrun here or is it possible for a double top (similar to 2013)?
What does everyone think?
What does everyone think?
If we see double top like 2013 then this bull run is not over yet.
Problem though with double top, it is hard to recognised it early, and what is the support price before we can call it a double top? So we still need to be careful though, the trend might reverse, so it's hard to say if the bull run is over, or if we are going to have a new pattern and be bullish again.
Hey everyone! just trying to gather some sentiment what do people think are we at the end of the bullrun here or is it possible for a double top (similar to 2013)?
If you think bull run was done and exited the market, you can enjoy life.If you are waiting to buy your first bitcoin, it is best time to buy, with Spot trading.
If you are senior bitcoin investor, and believe in the fractal of 2013 bull run, double tops, you can accumulate more and hold your bitcoin for the second top.
I believe bitcoin will rally and accumulate before it gets a new all time high. When all FUD goes away, you will see the rally.
This time too hard to predict accurately. Many people are thinking that the Bullrun period has ended, we are entering Bear market. Everything is not clear, let's keep track of Bitcoin in the coming days to know Bullrun is over or not?
So far, we are still careful and not careless in analyzing market conditions, which are showing a red line every day. so we need to do some research from experts regarding the current stability of the market. everyone is still in a traumatic state, maybe most of us are left behind at a pretty high price. we need actual references to continue to monitor how the market is going in the future.
Hey everyone! just trying to gather some sentiment what do people think are we at the end of the bullrun here or is it possible for a double top (similar to 2013)?
What does everyone think?
What does everyone think?
Double top is difficult, but let's see... I think bull run is over.
bullrun looks like it's over. It can be seen from the price of bitcoin and altcoin which has decreased in price very much. I lost a lot, but I believe there will be another bullrun in the next year or in a few years.
It can. But i bet we'll have next big bull run in the next year. Anyway there's no need to sell your crypto.
Maybe not yet. Not an expert with the charts but in experience, this should be the end of the bull run and then most of the alts would drop a lot following bitcoin.
But bitcoin being stable at the support of $32k and under $40k, I think of it as a not bearish price if it remains to stay there for many weeks or up more months but that's unlikely. We have to wait until it moves again upwards or downwards and would likely be under $30k-$20k again and that can be a conclusion that bull run is finally done.
But bitcoin being stable at the support of $32k and under $40k, I think of it as a not bearish price if it remains to stay there for many weeks or up more months but that's unlikely. We have to wait until it moves again upwards or downwards and would likely be under $30k-$20k again and that can be a conclusion that bull run is finally done.
Jump to: