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Topic: Do you suppose $8200 may be a sign for the bull run? - page 2. (Read 663 times)

legendary
Activity: 3542
Merit: 1548
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It is very difficult to predict what happens to Bitcoin price, you could say it is even unpredictable, and if Bitcoin price goes up till 8200$ in near future that is of course very good sign.
newbie
Activity: 43
Merit: 0
I think the bull run is now over and the bearish trend has resume again.  Bitcoin is currently below $6,000 and the investors are selling more than buying base on the other books across all the exchange . I think now give us another opportunity to buy bitcoin and others cryptocurrencies.

Bull run? That rise is more like a simple market recovery or a result of this volatile market. Iit's by far not a bull run and we may not see the bulls just yet until the last quarter of this year.
The last quarter is just going to start in next few days, so we are hopeful that bull run will start very soon. we are expected that in first rally bitcoin price is going to cross 10k and after that it will even continue to increase too much and before ending 2018 bitcoin price will reach to 20k.
member
Activity: 420
Merit: 18
crossing 8200 dollars is completely positive run looking at present scenario then the present price is a good option to buy coins
legendary
Activity: 3080
Merit: 1353
The rising prices of bitcoin from falling is what we all are waiting especially to any or all WHO did a purchased from $20k. does one suppose the present very little steps of bitcoin may be a Battle of Bull Run sign?
I have a doubt that it's not nonetheless the Battle of Bull Run, will|this will|this could|this may} not bring US assurance, not till bitcoin can manage to achieve at least $12k. What are you able to say regarding this?

Share your views about this.

Obviously, by now we already have the answers to your question. That $8200 run was not sign that we are going to have a bull run. It was more of a bull trap, after we touch that price, it didn't take look for speculators to sold and take the profit. We this market will remain bearish specially after the SEC delayed its decision on the Bitcoin ETF. So we shouldn't jump for joy and don't expect good things to come our way this year, would be happy though it we see the price at $8000-$10000 at the end of the year. New all-time-high? Unlikely to happen as well.
hero member
Activity: 1246
Merit: 529
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I think the bull run is now over and the bearish trend has resume again.  Bitcoin is currently below $6,000 and the investors are selling more than buying base on the other books across all the exchange . I think now give us another opportunity to buy bitcoin and others cryptocurrencies.

Bull run? That rise is more like a simple market recovery or a result of this volatile market. Iit's by far not a bull run and we may not see the bulls just yet until the last quarter of this year.
sr. member
Activity: 924
Merit: 260
I think the bull run is now over and the bearish trend has resume again.  Bitcoin is currently below $6,000 and the investors are selling more than buying base on the other books across all the exchange . I think now give us another opportunity to buy bitcoin and others cryptocurrencies.
member
Activity: 266
Merit: 10
$7,500 should be a nice plus, and if the price of BTC can effectively break above $7,500, there's a good chance the bull market will arrive.

full member
Activity: 378
Merit: 101
They got some huge profit for the people who sold their bitcoin for 20k if they manage to buy some from the last bottom which is almost $5.9k then they got some chance to profit from the upcoming bull run, $8.2 might be the sign or not who knows what exactly will going to happen next if the price managed to break that price or even $10k as some people speculates it is the start of the bull run.
member
Activity: 115
Merit: 10
After the last dip, I think $8,500 should be a bull market sign. The ma120 daily line is down to about $7,000, so the market is still weak.

legendary
Activity: 3654
Merit: 1165
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We are now expecting higher price to consider that is a bull run but we saw 8k price many times and then fell down back at its low position.
From OP's concern, we could understand the frustration of every investor on expecting to new ATH or expecting the point of their profit zone. Like most other people, while bitcoin prices were trading on positive last but one time, I was expecting to break $10k to assume the bull's dominance but bitcoin prices failed to break that and then came down and broke the long term support level of $6000 mark. Now, we are all enforced to cut down the starting point of bull zone from $10k to $8.2k. Market makes us to long on it Roll Eyes.

We noticed the repeated downfalls but if we thing for a little while back in the past we have been noticing downfalls and recoveries as well so this time the price can recover. Most important strategy is to look for benefit and not hope for high market appearance.
Every bitcoiner here must be having the hopes about recover and the good thing is still they are not losing their faith bitcoins, that is the reason now they are coming out to find the reversal point of trend. Bitcoin surely will get into its previous habit of surprising us with new ATHs but it is really hard to figure out that turning point.
legendary
Activity: 2576
Merit: 1043
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Bitcoin has indeed created another failed rally and now its price is at 6300-6400. There is a high probability that it will go lower in the next weeks but if there is a miracle incoming, it must go above the previous high which is around 8000 and continue to rise but I doubt this will happen in short to medium term. If Bitcoin can recover, it will take a long time I think. The only chance of Bitcoin right now is the confirmation of the ETF.
full member
Activity: 486
Merit: 102
I suppose that 9000$ is a sign for the bull run. The best now is to keep your bitcoin and not sell so low. We can wait ETF and bitcoin will grow after approved ETF.
sr. member
Activity: 1330
Merit: 289
no, a few days ago the price of bitcoin has reached $ 8500 and many people think the bull run will begin. but that's not true and the price of bitcoin is back down, the bear market is still going on.
I also think the bull market started when Bitcoin reached $ 8000. But that is just a trap of the bear market. Many people have caught this trap. We will have to wait so long for the market to start going up
sr. member
Activity: 1694
Merit: 299
Break this resistance is a real good sign but I think that people are quite cold actually with the past month means they need better signals which could be for me the 12K. Reach them again will launch a potential bull run.
We are now expecting higher price to consider that is a bull run but we saw 8k price many times and then fell down back at its low position. We noticed the repeated downfalls but if we thing for a little while back in the past we have been noticing downfalls and recoveries as well so this time the price can recover. Most important strategy is to look for benefit and not hope for high market appearance.
member
Activity: 530
Merit: 10
no, a few days ago the price of bitcoin has reached $ 8500 and many people think the bull run will begin. but that's not true and the price of bitcoin is back down, the bear market is still going on.
full member
Activity: 378
Merit: 100
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I think bitcoin will be grow the 10k million in the end of the year of this year.  Grin Grin

What is the reason for your thinking? is there any explanation?

There are more governments who are legalizing their own country to invest on cryptocurrency which means that there will be more demand in the market and that is the reason why people should keep on investing today while the price is still low.
sr. member
Activity: 1400
Merit: 347
No. Only 10k will provoke a bullrun. However, the area between 8 and 10 means the bear market might be over.

newbie
Activity: 113
Merit: 0
I think bitcoin will be grow the 10k million in the end of the year of this year.  Grin Grin

What is the reason for your thinking? is there any explanation?
jr. member
Activity: 89
Merit: 7
Personnaly i  bet on  6k support break instead  of  8k resistance break .... dont  forget  we are  in  a krach  market ^^   ( you  know , the thing coming after a  a bubble  market ? ^^ )
newbie
Activity: 56
Merit: 0
This can be assign of Bull Run as we know that the price of bitcoin in the market is less than 8000 so 8200 can be regarded as a sign of Bull Run in this market now. Such low increase will lead to the higher so bull run does not mean that the price will go to 20k at a time.
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