Do you think their will be another Bull Run this year? I D0 NOT THINK SO! - page 4.

RBEP-RBC

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Quote from: pakhitheboss on October 07, 2018, 11:52:55 AM

Read before posting Negative feedbacl:
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.

The "easy" gains are gone, definitely. You might still be able to find them in altcoins but you'll have a lot of losers for each 1000x winner.

There will be another bull market but will be driven by usage and engagement by users which requires not just infrastructure for blockchain to build out and mature but to have killer apps that operate on them. Will there be an ETF bump? Yes, but I'm not sure how sustainable that bump will be. I think best to use the old saying, "Buy the rumor, sell the news." So build a position now and see how it does when a real ETF actually gets approved (at least 2019 if not later).

Velocity22

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There might be a Bull Run at the end of this year. Many researchers has come up with this statement.

timerland

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You're right. We're still deep in a bear market with bearish sentiment being the single sentiment within the market.

I simply don't think that we're going to see any sort of bullish resurgence within the year, simply because of this bear market and the cautious attitude that traders have developed within the bear market which will take time to reverse.

There may even be further dips down under the $6k level, but on the bright side, I think we're close to bottoming out and prices will generally just move sideways. I expect the bull market to come some time in 2020-2021 due to the halving, definitely not now.

Destruction

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To be honest bull run is not good for the market and the market is showing signs of stability. Still it's a volatile market,you can't predict everything. In my opinion a steady rise in price would be much appreciated.

wxa7115

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Quote from: pakhitheboss on October 07, 2018, 11:52:55 AM

Read before posting Negative feedbacl:
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.

To begin with I do not see why someone could give you negative feedback just by having your own opinions, this is a forum after all and you are free to express your opinions as long as you do it with respect.

And about your prediction you are completely right, most icos that have started since this bear market have failed or are in the process of failing and that is because people are no longer investing in them, I really think that is going to take a lot of time before the price of bitcoin goes up again and that is because people have a very strong tendency to remember the most recent price, and the price is not going to go up until we get to rid of the weak hands that will sell their coins at the first opportunity they have.

hungafub

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Institutional money entering crypto has only just begun. But I wonder if the trend would continue should/when the next recession occurs.

Altcoins enthusiast

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The bull run is gathering and even if it did not start this year by next year it will start. 2018 , from January to September has not been favourable and to see that bitcoin will recover may not be in this year again however we should hold as the first quarter of next year.

Pattart

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Quote from: Pan Troglodytes on October 08, 2018, 07:49:42 AM

Quote from: asdlolciterquit on October 07, 2018, 12:07:59 PM

if you say so, you think that will never be a bull run like the past bull run in the future...

well, i'm pretty sure that there will be an other great bull run, but not before 2020..

Completely agree, and as a prove - just look at the BTC/USD chart, at previous tops, they never happened the same year, some momentum must be built for the price to continue the growth and it needs time, maybe even a few (2-3) years.

bull run may occur within a certain period of time and not every year, that's what the chart says, but at the end of the year the price fixes will occur at least a few percent price increase occurs. so don't be discouraged maybe we can make big profits this year..

bloodyvio

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after last year's bull run
i am sure this year the market will recover after being in bearish condition for more than 8 months
so this year there will be no bull run

exstasie

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Quote from: pakhitheboss on October 07, 2018, 11:52:55 AM

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're pretty spot on. It's a rarity for a market to have a bull run and blow off top, followed by another bull run shortly after. That would be too easy. We have many resistance levels to work through as broke investors exit the market to lick their wounds. Markets don't reward people who buy into blow off tops. People who fomo get punished, and damn right! That's why traders can make money.

Price tends to move in the direction of maximum pain (where the most traders will lose the most money). In the short term, I believe max pain is upwards. The bearish sentiment has caused a lot of unsuccessful bottom shorting. Those shorters need to be punished. But regarding the bigger picture, I agree. No bull runs for the foreseeable future. Lots of distribution to work through.

okala

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With the ways things are going we may not have any serious bull run this year as the years is almost over and the uncertainty in the market is still very high. I don't think we can really see the kind of bullish trend we have last year this year again.

Bagaji

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Definitely there will be a bullish trend in time to come although it might take a longer time but surely we all witness it again. At present, so many people have invested their money when Bitcoin value was above $10,000 to $15,000 will find it difficult to keep holding and I think they are the one you were referring to in your submission.

thecodebear

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Now that the market is larger bull runs take a long time to build up momentum. Sure like 5+ years ago a bull run could start and complete within just a few months, but look at the last one, it lasted over two years. No a bull run won't start and complete in the next 3 months, that is absurd. But we'll likely see the start of the next bull run by the end of this year - a breakout from the $6xxx trading at the bottom of the market to pass the last lowest high of the bear market of $7500 and probably even pass the second to last lowest high of the bear market at $8500, that would clearly signal a new bull run has started. But this upcoming bull run is likely to last into 2020, probably all the way to late 2020.

It appears the bear market is over and we are at the transition stage between bear and bull market - low volatility, price sitting just above the bottom that has been established all year. In the next few months we should see a break above $8000 to snap Bitcoin back into the beginnings of the next long bull run. So no a bull run won't happen in 2018, but the 2019 - 2020 bull run should start by the end of 2018.

sunanbonang

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🚀🚀 ATHERO.IO 🚀🚀

Bull run doesn't happen every year, people believe that bull runs occur every two years and some say bull run happens every four years. just because the price of bitcoin rose high at the end of 2017 most people believe that the price of bitcoin will rise at the end of each year. lol

trako

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it is very uncertain. Comes with powerful explanations. but 2018 did not meet expectations. so there are hesitations about a good move.
I still haven't lost hope. I expect a short-time rise in November and December.

Pan Troglodytes

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Quote from: asdlolciterquit on October 07, 2018, 12:07:59 PM

if you say so, you think that will never be a bull run like the past bull run in the future...

well, i'm pretty sure that there will be an other great bull run, but not before 2020..

Completely agree, and as a prove - just look at the BTC/USD chart, at previous tops, they never happened the same year, some momentum must be built for the price to continue the growth and it needs time, maybe even a few (2-3) years.

ophyrim

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Look at the global economy. A big debt crisis is approaching. Many developing countries are already at the edge of this crisis. To avoid devaluation many people will invest their many in the crypto. Even many big institutions. Maybe we are not going to see a bull run in this year but I am pretty sure that in 2019 we are going to see a new ATH.

prehisto

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Your Data Belongs To You

This is true, there will be no new BULL run , mainly because most of the poeople remeber what happened last year too well.
Also there is no new money coming in, ETF could be a possible catalisator but that is not coming any time soon, so the best case is that we will see slow increase of value.

meanwords

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I agree with you that investors are getting smarter and that they are somehow getting to know the concept of cryptocurrency market where every ICO is bound to be dump after the first exchange. People are getting smarter nowadays specially a lot of people lost profit in last year's Bull run.

peter0425

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Quote from: pakhitheboss on October 07, 2018, 11:52:55 AM

Read before posting Negative feedbacl:
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

I agree. The surge in December 2017 was due to FOMO and newbies who think that they make a lot of money and that the rise will still go on the next couple months or year.

Quote from: pakhitheboss on October 07, 2018, 11:52:55 AM

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.

Forgot about ICO. We all know that sooner or later they will fall. And I do think that we're seeing a lot of smart investors. Meaning they won't enter altcoins market again just because of ICO.

Quote from: pakhitheboss on October 07, 2018, 11:52:55 AM

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.

Bull run will come, when you least expected. I'm don't get your logic of dumping at $9K specially those who bought it at $20K though because they will still suffer a lost. If I'm the one who bought it at its peaked then I will just hold on it until I see a good ROI.

Topic: Do you think their will be another Bull Run this year? I D0 NOT THINK SO! - page 4. (Read 977 times)