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Topic: Do you think their will be another Bull Run this year? I D0 NOT THINK SO! (Read 977 times)

sr. member
Activity: 728
Merit: 250
We are getting to the point in which it is ridiculous to even think about a bull run anymore during this year, many seem to try to keep begin positive but we need to accept the facts, this year was bad for cryptocurrencies and for investors and there is nothing else to do but to accept it and move on and try to see if the next year is going to be any better.
member
Activity: 434
Merit: 10
Others believe that a certain bull run is going to happen this year while others, including me is skeptical that a certain bull run is about to happen this year. We're already at the final week of the October and nothing good to see about bitcoin and the rest of cryptos.
As most of the people in current time are expecting and hopeful about the bitcoin price that at the end of 2018  bitcoin price will boost up, therefore I am sure about the bitcoin price that it will show a good response in the end of 2018. We just need to wait for that time.

I'm hoping for a little bounce back before the year ends to make a good image of cryptocurrency for start of next year. Although as we all know the market is not doing well as the price of bitcoin fall below $4k which is currently at $3.7k and this could go dip if no enough demands in the market. I'm still waiting for the best to come as I'm optimistic that after the fall there will be a corresponding rise that will give us good profits.

We are all probably waiting for the good to come which everyone is dreaming about. There's been a lot of issue's that could possibly be happening under the table which we as a normal crypto users are blind by these actions.
sr. member
Activity: 826
Merit: 265
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

You are perfectly right and what you’ve said is truthful fact

Those who had invested in same time last year,are now in doubt because of the continuing market denials,so what would we expect on this?

What i believe is bear will remain longer here,and wont even get atleast half of what we have last 2017 so for the expectations stop looking for bigger return now.maybe next year or the next
full member
Activity: 406
Merit: 100
Others believe that a certain bull run is going to happen this year while others, including me is skeptical that a certain bull run is about to happen this year. We're already at the final week of the October and nothing good to see about bitcoin and the rest of cryptos.
As most of the people in current time are expecting and hopeful about the bitcoin price that at the end of 2018  bitcoin price will boost up, therefore I am sure about the bitcoin price that it will show a good response in the end of 2018. We just need to wait for that time.

I'm hoping for a little bounce back before the year ends to make a good image of cryptocurrency for start of next year. Although as we all know the market is not doing well as the price of bitcoin fall below $4k which is currently at $3.7k and this could go dip if no enough demands in the market. I'm still waiting for the best to come as I'm optimistic that after the fall there will be a corresponding rise that will give us good profits.
hero member
Activity: 2100
Merit: 771
Top Crypto Casino
I am also one of those people in cryptos who are thinking that a bull run is not going to happen this year based on what i see to the current status of the market. What we have experienced is a very long bearish trend that may even continue until the first quarter next year.
It may took more if there are no good news to happen. Even hype news doesn't work now since many were still in hold due to their loses since the dump price of bitcoin.

Any Bad news after what happened on 15th will now create a situation like 2011. Goof News will not help the market aswell as this the most manipulated market.

Donot expect a Bull run to come soon untill instituatopmal investors come in. Which I feel will not happen soon.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
I am also one of those people in cryptos who are thinking that a bull run is not going to happen this year based on what i see to the current status of the market. What we have experienced is a very long bearish trend that may even continue until the first quarter next year.
It may took more if there are no good news to happen. Even hype news doesn't work now since many were still in hold due to their loses since the dump price of bitcoin.
newbie
Activity: 41
Merit: 0
Others believe that a certain bull run is going to happen this year while others, including me is skeptical that a certain bull run is about to happen this year. We're already at the final week of the October and nothing good to see about bitcoin and the rest of cryptos.
As most of the people in current time are expecting and hopeful about the bitcoin price that at the end of 2018  bitcoin price will boost up, therefore I am sure about the bitcoin price that it will show a good response in the end of 2018. We just need to wait for that time.
full member
Activity: 434
Merit: 101
I am also one of those people in cryptos who are thinking that a bull run is not going to happen this year based on what i see to the current status of the market. What we have experienced is a very long bearish trend that may even continue until the first quarter next year.
full member
Activity: 392
Merit: 100
Others believe that a certain bull run is going to happen this year while others, including me is skeptical that a certain bull run is about to happen this year. We're already at the final week of the October and nothing good to see about bitcoin and the rest of cryptos.
newbie
Activity: 57
Merit: 0
If we are talking about big one bull run in this year, I think it's almost safe to say that it is won't happen, because time is decreasing and where is not any bright signs that something will change, However, I fully believe that a slight rise in prices may still happen in this year.
It is not even something anyone can even be concluding at this stage in time looking at how things have been lately and knowing that even though the signs show that we are in an ascending triangle that looks like there could be a possibility for a break out upward and start a new trend, it is still something we will have to wait for time to actually get to decide as far as I am concerned. There is actually no point thinking things now and making unnecessary assumptions as what will be would be and there is nothing we can do about it than to just be patient and see the side the market turns to before the end of the year.

Market with pure hype will be just nothing as there's no strong base for it. This market is taking us in slow yet surely phase and this will be good even in long term since we won't bother a huge dump.
They will always be volatile and hard to predict and there is no doubt about that, but the thing here is that as far as a market is concerned and it is moving sideways, nothing can be said until there is a clear signal. I would not actually expect any serious bull run like some people are trying to imagine, but I would rather prefer to stick with the idea of just sticking with the trends, and seeing if there could be a possibility of seeing us go back to test the previous ATH or not. Time is the only thing we have to tell us what things would be like as well as patience.
Of course it will not happen because the year is almost gone and there is nothing about bulling in the crypto market. If somebody is thinking about the bull like the previous year that was due to huge investment capital but this year many people are not so interested in crypto investment, because they have lost thousands of dollars in bitcoin and now they are afraid of another big dip in the future.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
I smell a bull market soon. Why would Coinbase add ZRX now if they weren’t sure of market conditions. This combined with the Fidelity news yesterday and the upcoming Bakkt launch next month. Stay tuned!
I do hope you were right on that but i can't stop thinking about of the bull run whether it will going to happen or not but with that news my expectation was at high again. We will see to that Bakkt next month if it will bring a positive effect on the market and to the people, i will wait for the impact of that news next month.

As for now we are at speculative phase whether it will happen or not. Let's just wait if the bull will run or not. Cheesy
legendary
Activity: 2842
Merit: 1152
Yes, we cannot just easily conclude that it will happen or will not happen because anything is possible. What we can do is just analyse what we have in our table at the moment and then make decisions base on it. If you want to be a long term investor then better buy a coin that has good fundamentals and if you can cost average then do so. If you want to be a trader then it would be more advantageous for you because you can make money in whatever kind of market.
Yes, we are in the speculation thread and most definitely it is normal for people to speculate in a market. For sure, this is nothing anyone can tell yet how the year would be ending except time. It looks though that the market is possibly gearing up for an upward trend, but bull run is something I would not expect at all this year. Possibly what I would rather be looking for is a slow movement upward with some pretty huge resistances to face along the way, and in that case, i would rather just be patient to see how the trend will make that decision in coming days, weeks or months.

Let's put it in a 50-50 perspective because December is yet to come. Now if we look at the previous years of bitcoin's existence, most of the time, the market is on a bull run during the final quarter of each year. So if you think there is no bull run for this year, it might be true or a bull run is also about to happen.
I totally reason with you on that, judging from the fact that no one can see the future and this is a probability game at this moment. It could happen, it may not happen; but in the long run; only time will most definitely tell. I would not be too expectant of a bull run this year though, but we both know the way this space can be full of surprises at times, but one thing for sure is that there is a possibility we may get to see an uptrend in the space before the end of the year. However, things turn out; I am sure though that it would still always pay us for being patient in the long run.
member
Activity: 454
Merit: 10
"Reserve Your Ledger at GYMLEDGER.COM"
I am still very optimistic that there will be another bull this year. But it will not be as high as last year. And its ok for us if the market will recover slowly but surely.
hero member
Activity: 1148
Merit: 504
don't be too easy to conclude that bull run is not that easy because the conditions of bitcoin and some other cryptocurrency prices have movements that will always go up and down, you have to remember a few years ago the price of bitcoin could reach a very expensive price and this year the price of bitcoin fall so there will be a time when the price of bitcoin will again become very expensive again, stay calm and take advantage of the best bitcoin price movements with the right analysis.
keep calm and do not be too conclude that this year there will be no change in any recovery, last year the price could go up suddenly, so you don't have to speculate negatively about this year, just be careful and stay ready,
you're right expensive prices will be repeated again, there is a price down, there must be a price rise
hero member
Activity: 1596
Merit: 502
I know you might feel pessimistic because you see a lot of ICOs being created and lots of bad news trying to make traders panic so that you become like this, but there is nothing wrong we hope for the price of bitcoin to be expensive again.
member
Activity: 700
Merit: 14
I believe that if there is no strong enough catalyst to put the market on the ready position. There will be no Bull Run. Less or more, the positive news with CBOE last year also created momentum and as a big step forward. Hopefully put on the ETF but it is still difficult to review. So, Allow the hope to reopen. It may launch Bull Run soon if the SEC announces it at the end of the year.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
It's not yet too late to believe that there will be a bull run before this year ends. If we are going to look back at the previous years, the market is clearly in a bullish trend where everything is almost at its high valued form.
jr. member
Activity: 92
Merit: 1
For me, the question isn't whether there will be another bull run this year, but whether there will be another bull run period.
I think you are right. I am also not looking any bull run in this year, but there may be a bull run in the next year. Anything is possible in crypto world. An investor should be aware of this. He may lose his investment due to huge dip in the price or he may make big money due to big bump in the price, but till date there are no signs of bull run in the market.
sr. member
Activity: 1638
Merit: 278
I can't agree with you here. If we go below our current bottom at 5800 the next support is right below 5000 and this is the area where most people will place their orders. The most bearish traders like Tone Vays were eying 4800 since we broke 10000 or even earlier than that.

what's the significance of the $5000 area? there's no established support/resistance there. there is literally only one daily pivot there from 2017 and it's never been tested!

nobody should be surprised if that level gets cut through like warm butter.

It's not a resistance because of some lines or supports. It's a fib 23.6 level. Why would we follow fib lines here? It's difficult to answer. Maybe because it's one of the most commonly used indicators? Maybe because people like round numbers and falling from 6k would create a support 1k USD below?

I used to be a hardcore supporter of 5k and 3k USD levels with 3k being the total bottom because those were the levels at which Japanese and Korean markets faced huge adoption and this adoption was the foundation of the bubble that came after. I believe that with those markets remaining open and welcoming to crypto we won't fall below.
You can quote me on that: Bitcoin will not go below 3k USD without a fundamental flaw like USDt blowing up on us. Bear market won't do it on its own.
I really do not see the possibility of USDT blowing up anytime soon even if it eventually does anyway. The market is actually maturing every single day and for what it is worth, even from this break out it looks a little bit promising at least at the moment.

I still am of the opinion that we may not be done with the downtrend yet though and we may just have some short term movement upward, but I guess it is something that only time can tell us. At this point, not at least in the short term will I expect the possibility of $5k. The market looks like it wants to have some short freedom from the bears and let's see how that goes.
To be honest, I do not know as we know that in this unstable market we cannot predict future market and this has been proved many times in the past when we compare the actual values with predictions then it tells us that almost all of the predictions were incorrect. However, Bull Run is very important for investors who are waiting from a long time that is from either 8 or 9 months while fresh investors should wait as well.
sr. member
Activity: 616
Merit: 252
Let's put it in a 50-50 perspective because December is yet to come. Now if we look at the previous years of bitcoin's existence, most of the time, the market is on a bull run during the final quarter of each year. So if you think there is no bull run for this year, it might be true or a bull run is also about to happen.

Yes, we cannot just easily conclude that it will happen or will not happen because anything is possible. What we can do is just analyse what we have in our table at the moment and then make decisions base on it. If you want to be a long term investor then better buy a coin that has good fundamentals and if you can cost average then do so. If you want to be a trader then it would be more advantageous for you because you can make money in whatever kind of market.
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