Topic: Bulls need time - page 3. (Read 1026 times)
I think that the Bulls will do what they have to do when they have it planned, because it does not take into account what the RSI indicator says, since the RSI is not the indicator of what operators, investors and enthusiasts think. every moment, that is why it is impossible for an indicator to inform what is going to happen. The indicator can only help to have an idea to determine what is happening at that moment, the bulls in a certain case what they need is to be in the right phase to act, and that phase has not yet entered the market, since we are in accumulation phase, and this phase can take many months or years.
Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.
Btc is on the bull run and markets have picked up well and has crossed 5250$ now. It has being a good quarter start for this year and if things continue this way you can make the most out of it as rise will help people to make more money.
It is not the bull run yet. Bulls will come when you see that Bitcoin added 25%(+/-5%). Now we see the slow growth of the market, and this is also very good. It gives many guys a chance to make money.
I feel like we are closing in on the end of accumulation. It feels a bit different however, so a slow grind to even around 9k+ is very possible, this would mean a slow nudging up over the course of next year or 2. It helps to build stability and gives infrastructure some time to catch up.
Bulls will break any kind of single indicator like Stochastic Oscillator when it is the right moment to go up. In my opinion we are still in the consolidation pattern. If we break $6000 level I might start being more bullish, but until then I am neutral with a little bit of bull bias.
Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.
Btc is on the bull run and markets have picked up well and has crossed 5250$ now. It has being a good quarter start for this year and if things continue this way you can make the most out of it as rise will help people to make more money.
It is not the bull run yet. Bulls will come when you see that Bitcoin added 25%(+/-5%). Now we see the slow growth of the market, and this is also very good. It gives many guys a chance to make money.
I know that but I think we have waited long enough and suffered a long bear period in 2018 and this year will surely about the bull movement. It's very subtle but huge partnerships are already happening and the clues have already been reported like the samsung and google support for the crypto customers.
I agree with you. It has been more than one year since the bear market has started. I think the market has corrected enough and it is time for the bulls to show up. A lot has progressed since then. And if what you are saying is true, then we should see a much stronger and longer bull run this time.
As of today, we are still above $5,000 level. Bulls need to hold this $5,000 level, based on the chart, there's always a bounce on $5,000. Bears tried to go destroy the $5,000 support last few weeks. If BTC price will go down $5,000 below, it could dump harder. Range around $4,800 - $5,200 is not my trading zone, really much sideways on this area.
Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.
Btc is on the bull run and markets have picked up well and has crossed 5250$ now. It has being a good quarter start for this year and if things continue this way you can make the most out of it as rise will help people to make more money.
I'm happy with $6,000 by the end of April, and $10,000 by end of June, what do you say? I think I'm not being unrealistic here, we are due for this.
I don't think in the end of April we will see bitcoin $6000, also as you predict that in June bitcoin will be $10000, it looks strange. However time will decide what is going now, but about my prediction hopefully in the end of the year bitcoin will be $10000 to $12000.
All your predictions are seem to be realistic . i do believe that we can achieve 6kusd just before or after the april ends because right now the price is at 5000 k plus dollar . it increase with small increments after an hour or two but it also drops a little after a day . the op is right that the bull run needs time but its okay because this can give us a window to prepare . i like the bull this way than compare to an unexpected bull that comes in instantly .
So let see what is going on in April, because only few days are left to end of April, but i never say that bitcoin will not come on $6000, i said that in April, it is difficult but i am sure the next month of June, bitcoin definitely will come on $6000.
I know that but I think we have waited long enough and suffered a long bear period in 2018 and this year will surely about the bull movement. It's very subtle but huge partnerships are already happening and the clues have already been reported like the samsung and google support for the crypto customers.
If google and Samsung are supporting cryptocurrencies and bitcoin then we should expect a very high pump in pricing once that there began to invest in. I think we are not going to have the longest downwards trend we experienced in 2018 in the next three years and I see many goodie coming up. 
I know that but I think we have waited long enough and suffered a long bear period in 2018 and this year will surely about the bull movement. It's very subtle but huge partnerships are already happening and the clues have already been reported like the samsung and google support for the crypto customers.
Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.
Btc is on the bull run and markets have picked up well and has crossed 5250$ now. It has being a good quarter start for this year and if things continue this way you can make the most out of it as rise will help people to make more money.
I'm happy with $6,000 by the end of April, and $10,000 by end of June, what do you say? I think I'm not being unrealistic here, we are due for this.
I don't think in the end of April we will see bitcoin $6000, also as you predict that in June bitcoin will be $10000, it looks strange. However time will decide what is going now, but about my prediction hopefully in the end of the year bitcoin will be $10000 to $12000.
All your predictions are seem to be realistic . i do believe that we can achieve 6kusd just before or after the april ends because right now the price is at 5000 k plus dollar . it increase with small increments after an hour or two but it also drops a little after a day . the op is right that the bull run needs time but its okay because this can give us a window to prepare . i like the bull this way than compare to an unexpected bull that comes in instantly .
Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.
Btc is on the bull run and markets have picked up well and has crossed 5250$ now. It has being a good quarter start for this year and if things continue this way you can make the most out of it as rise will help people to make more money.
I'm happy with $6,000 by the end of April, and $10,000 by end of June, what do you say? I think I'm not being unrealistic here, we are due for this.
I don't think in the end of April we will see bitcoin $6000, also as you predict that in June bitcoin will be $10000, it looks strange. However time will decide what is going now, but about my prediction hopefully in the end of the year bitcoin will be $10000 to $12000.
Honestly, I have never seriously considered the signals provided by the "technical analysis", because I am convinced that there is such a diversity of indicators that can practically give any signal to any analyst, since they have always had a great deal of subjectivity,
The indicators really are not to be relied upon for confirmation of trend. I think that bitcoin have shown not to be dependent on TA or fundamental, it is just independent in my view. In other words, I take my other as what I see.
Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.
Btc is on the bull run and markets have picked up well and has crossed 5250$ now. It has being a good quarter start for this year and if things continue this way you can make the most out of it as rise will help people to make more money.
I'm happy with $6,000 by the end of April, and $10,000 by end of June, what do you say? I think I'm not being unrealistic here, we are due for this.
Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.
Btc is on the bull run and markets have picked up well and has crossed 5250$ now. It has being a good quarter start for this year and if things continue this way you can make the most out of it as rise will help people to make more money.
Bitcoin is an in flattery commodity has it way of balancing the transactions in between and at that it price movement in always in a systematic form. Once it increase it most correct the chart and balance the transactions.
Honestly, I have never seriously considered the signals provided by the "technical analysis", because I am convinced that there is such a diversity of indicators that can practically give any signal to any analyst, since they have always had a great deal of subjectivity,
The indicators really are not to be relied upon for confirmation of trend. I think that bitcoin have shown not to be dependent on TA or fundamental, it is just independent in my view. In other words, I take my other as what I see.
One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out
There is a huge doubt that this impressive bitcoin rally would last long, so we have to wait and watch until the thing stabilizes. We don't have to rely on indicators much, as most of the time they go wrong.
The market is bullish but it doesn't mean it has to reach the ATH, whales are in the accumulation stage and if this is true, price would not go down anymore.
Honestly, I have never seriously considered the signals provided by the "technical analysis", because I am convinced that there is such a diversity of indicators that can practically give any signal to any analyst, since they have always had a great deal of subjectivity,
The indicators really are not to be relied upon for confirmation of trend. I think that bitcoin have shown not to be dependent on TA or fundamental, it is just independent in my view. In other words, I take my other as what I see.
People that rely on indicators absolutely misunderstand the concept behind the uses of it because it was used to predict the trend which the market may poses but it does not guarantee that the analysis is totally right which is why most senior analysiser will always tell people that their predictions is not trading advice.
Using indicator to predict a long term investment is absolutely impossible but I think it works mostly for day traders and I think if it has not really been working for them, there would have been a lot of discouragement about it.Indicators are very useful in predicting the real situation of the market, but like you said, most senior analyzers do not rely on technical analysis alone; they mix both technical analysis and Fundamental analysis to conclude at their own prediction. If prediction through indicators for a short term trade is to be looked into, it should be from pro traders because indicators alone will never work for a newbie.
One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out
There is a huge doubt that this impressive bitcoin rally would last long, so we have to wait and watch until the thing stabilizes. We don't have to rely on indicators much, as most of the time they go wrong.
Jump to: