Topic: Do you think their will be another Bull Run this year? I D0 NOT THINK SO! - page 2. (Read 977 times)
October 20, 2018, 07:01:32 PM
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.
October 19, 2018, 01:28:26 PM
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.
Well there's no harm in hoping for a good end run lol. And i think it's not as impossible as it seems since a bull run can happen in under a week, and we still have two and a half months left for 2018. Who knows, a bull run may happen that would make holding through all this worth it.
October 19, 2018, 09:20:05 AM
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. October 18, 2018, 11:29:19 AM
For me, the question isn't whether there will be another bull run this year, but whether there will be another bull run period.
October 18, 2018, 08:05:10 AM
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.
They are volatile and hard to predict with, but let's all be realistic, there are no occurrences or news that will make the hype for it's to totally make a bull run. A little by little increase can be helpful than nothing And it's actually healthy rather than a bubble, does it? 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.
We're just exaggerating things and bare in mind that not everyday is lucky enough to take profit.
October 18, 2018, 06:12:39 AM
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.
October 18, 2018, 05:16:04 AM
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!
October 18, 2018, 04:34:18 AM
There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.
The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
https://i.imgur.com/w7zhUFK.png
We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.
I think the price is quite stable as of but what I have seen is no major set back but maintaining its level and not showing sign of strength, If you compare it from last year until you cannot predict because as we know bitcoins price is very volatile, anything is possible. The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
https://i.imgur.com/w7zhUFK.png
We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.
October 17, 2018, 01:43:10 PM
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.
They are volatile and hard to predict with, but let's all be realistic, there are no occurrences or news that will make the hype for it's to totally make a bull run. A little by little increase can be helpful than nothing 
October 17, 2018, 09:45:01 AM
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.
October 17, 2018, 08:05:30 AM
this jump in price I feel is a artificial pump due to everyone wanting to get out of tether
after tether news is more real and concrete I think btc will dump like crazy back to 2000 I am worried
In this year it is not possible because of the red signals in the market. Demand for bitcoin is so low that investment cap in not increasing anyway. Price depends upon demand. If demand is high price will also be high, if demand is low price is also low. I hope but nor predicting that the next year will be better than this one. 2018 is the worst year for bitcoin price. after tether news is more real and concrete I think btc will dump like crazy back to 2000 I am worried
October 16, 2018, 08:59:02 AM
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 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.
October 16, 2018, 06:59:59 AM
Still we can't predict exactly of what will happen cause we 3 months coming and still have possible on it. And as what we have notice from its historical trend, mostly bull runs happen at the last quarter. We stay positive and give faith on crypto.
Well, staying positive and knowing there is a great future is what has kept some of us going on right from the year we started way back and that patience and positive attitude towards the market is what has made us reap that benefit today.Looking at the way things are for now, we can always see that the market is growing every day and every year and the potential is pretty much there. Whether there would be a bull run this year or next year or thereafter is certainly what no one can tell actually. The only thing we can just do is to monitor the situation of things and act accordingly.
October 16, 2018, 04:03:25 AM
There might not be another bull run this year but the price of bitcoin is rising slowly. And it is good thing to rise gradually rather than bubble and eventually burst.
If you look the bull run in the previous year, the reason was that the investment capital increased within days and the demand was very high for bitcoin, but in this year there are no buyers and this is the worst situation for bitcoin. No investment, no price growth and no more holding of bitcoin because nobody wants to hold his coins without making any profit. October 15, 2018, 06:17:24 AM
There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.
The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.
I think the price is quite stable as of but what I have seen is no major set back but maintaining its level and not showing sign of strength, If you compare it from last year until you cannot predict because as we know bitcoins price is very volatile, anything is possible. The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.
October 15, 2018, 05:19:50 AM
this jump in price I feel is a artificial pump due to everyone wanting to get out of tether
after tether news is more real and concrete I think btc will dump like crazy back to 2000 I am worried
after tether news is more real and concrete I think btc will dump like crazy back to 2000 I am worried
October 14, 2018, 06:40:37 PM
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.
October 14, 2018, 05:32:34 PM
Still we can't predict exactly of what will happen cause we 3 months coming and still have possible on it. And as what we have notice from its historical trend, mostly bull runs happen at the last quarter. We stay positive and give faith on crypto.
October 14, 2018, 03:52:59 PM
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.
Nobody is looking at 2000 because it's below the long term trendline that we were following since 2015 and this trendline is at 4000 and will get close to 4800 in December.
the trend from 2015?! that bull market is long over, dude. trend lines were meant to be broken.
October 14, 2018, 01:38:34 PM
There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.
The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
https://i.imgur.com/w7zhUFK.png
We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.
The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
https://i.imgur.com/w7zhUFK.png
We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.
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. Nobody is looking at 2000 because it's below the long term trendline that we were following since 2015 and this trendline is at 4000 and will get close to 4800 in December.
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