Do you think their will be another Bull Run this year? I D0 NOT THINK SO! - page 5.

batang_bitcoin

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I respect your analysis and everyone does but there's only one thing that I also believe right now. I'm optimistic with the market but understands on where it is currently sitting but everything can happen within a snap.

Quote from: CoinCodex on October 08, 2018, 03:10:34 AM

Novogratz has previously made some very optimistic price predictions for Bitcoin that could reach $40,000 by the end of 2018, but has just recently adjusted his prognosis.

https://coincodex.com/article/2448/mike-novogratz-adjusts-2018-prediction-for-btc-i-dont-think-it-breaks-9000/

He saw that the time isn't enough for bitcoin to reach $40,000.

NeuroticFish

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Quote from: pakhitheboss on October 07, 2018, 10:52:55 AM

This is what I analysed logically.

Just imagine some big entities decide for whatever reason they go into Bitcoin and start buying.
Just imagine China changes the legislation and the Chinese start buying again crypto like crazy.
I found just 2 things that may or may not happen and don't really have to follow logic.
So the smartest thing to say is "I don't know". And time will tell.

CoinCodex

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Novogratz has previously made some very optimistic price predictions for Bitcoin that could reach $40,000 by the end of 2018, but has just recently adjusted his prognosis.

https://coincodex.com/article/2448/mike-novogratz-adjusts-2018-prediction-for-btc-i-dont-think-it-breaks-9000/

Don Pedro Dinero

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This is a quite speculative but I agree with OP up to a point. I’ve been hearing that we are going to have a bull run for months. I’m subscribed to some Youtube channels and they have all been the same, all saying they were bullish on bitcoin and interviewing or quoting experts with the same view. They were saying that in March, in April, in May...

I think the most likely scenario is that we will stay below 10k until the end of the year.

1NV3ST0NM3

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Crypto market is volatile and fluctuates every hour. So the nature of the market is such that we cannot predetermine anything in advance. Speculations for the coming year, coming 10th year anniversary of the bitcoin are in the favour of a bull rain. Although there are counter arguments prevailing to this effect, but the upsurge in the prices is for sure, be it a $15k mark or $20k! I'm anticipating a bull run in the year 2019 because of many positive things happening around and effecting the crypto market.

kidsrock

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We still predicting without knowing the truth because we don't know if there is the bull run in this year or not. But if we take a look at the price, we are a long time to stay at the bottom price, and even we reached the lowest price again after its happen in 2013. But I am sure that slowly the price will rise and there is no one can stop this because they cannot predict when this will happen and they only shock when they see the price is starting to rally. Bitcoin still has a long journey, and it will increase in someday, and if in this year, the bull does not come, then we have to wait until it happens.

inanilujimi

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Quote from: pakhitheboss on October 07, 2018, 10:52:55 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.

it seems you have to read more and learn more about what is bitcoin and what is ICO.
everything you say based on your logic alone is not in my mind.
do not expect bull run to come if there are many people who have a mindset like you.

bumTUNA999

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Can't wait for all the experts to chime in here Cheesy

ay0d1

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There is possibility in crypto even though market analysis predicted that boom should be expected by end of 2019 to 2020.but anything is possible in Cryptocurrency.. There are so many expectations now and I still believe there could be a surge before the year end

rajsimran

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Yes, logically you are right. If this year start bull run then people will dump the price by selling them. If bull runs not start this year I think in 2019 bull run will start. though many expert trades saying that bull run can start this year any time but I don't believe this prediction.I am waiting for 2019 bull run

aidinx

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It will be difficult to have another bull run like 2017. But most technical analysis says there is not much space to go down anymore. So up is the only way. But I assume this time it will be more like a consistent growth rather than 20-30% increment overnight.

richman3451

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I think that it will be but not as big growth as it was last year, so waiting for a big breakthrough makes no sense the miracle ended when the bears put their paws on the market

target

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Its a possibility. A lot of traders have bought at a price of $6000, when it goes high maybe $10k, they're not going to wait for it to go up a little more but taking profit is logical. Its the most thing that will happen as they'd think getting more before is too late. There are big players in the market that just joined, they will keep accumulating until they are not done, the price will keep swinging at a certain range.

sufferer123

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In fact, if we look at the market in the long term, not in the last one year, we can see that Bitcoin is still in the bull period. Bitcoin's movement since December is just a correction. Last year's Bitcoin's price is $ 4438. So if you made your investment last year or before, Bitcoin is still in the bull period for you. So when does this correcton end? Unfortunately we cannot know this, but we can improve ourselves in technical analysis and find estimated dates.

pakhitheboss

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Quote from: BrewMaster on October 07, 2018, 11:08:35 AM

Quote from: pakhitheboss on October 07, 2018, 10:52:55 AM

.... nor I want to speculate.

when you are talking about what price is the possible price for bitcoin then you are speculating!

Quote

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.

this has little to do with bitcoin. this trend or better said "cycle" of pump and dump happens among altcoins every now and then. usually every summer we have something like this when there is a lot of altcoin pumps which eventually get dumped on their newbie bag holders.

Quote

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.

that doesn't sound like a logical move from a normal person to me. you are saying a person who has held for 10+ months from $20000 down to $5800 is going to sell if price goes to $9000!
let me ask you this: why did this person hold for this long? why didn't he sell the first time price recovered to $9900 after dropping to near $6k?
why didn't he sell the second time price fell to $6k and recovered to $8-9k? why not the third?
what makes this time any different for this particular type of person?

Most of them were hoping that the price might again touch $20k after a little nit of correction. Ultimately this never happened in last 10 month. Now as soon as the price goes to the level of 9k$, they will sell Bitcoin to cover their losses, which again I doubt will happen this year.

pakhitheboss

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Quote from: asdlolciterquit on October 07, 2018, 11:07:59 AM

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..

Yes I also agree with you until 2020, I do not think there will another Bull run like 2017.

coinwizard_

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Anyone who bought at the top is going to hodl until it goes back up, the only reason they would sell at $9000 is if there was a financial emergency that required them to do so. No one wants a 50% loss

Ararbermas

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Yes of course but it's so hard to speculate how long it will last because of some causes. Which is always happened nowadays in the market ,reason why the market always volatile time on time. But no need to worry no matter what happen. Just relax and always build new strategy to avoid losses.

maicahlove

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Maybe there is and maybe not. We don't really know for sure if there will be another bull run this Q4 of the year like what happened last year but if you based it in the charts, then we can forecast that from previous years. Let us all hope that it will happen this Q4.

marcbitcoins

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Quote from: pakhitheboss on October 07, 2018, 10:52:55 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.

In addition, Strict regulations are now strictly implemented in different countries which mean people that involved in illegal activities like drugs, smuggling and money laundering are can no longer to use Bitcoin to hide their illegal money which mean that the current figure now is the real demand of Bitcoin which is majority of the holders are all legal people but still i wish i was wrong and still hope that bullish will come before this year will end.

Topic: Do you think their will be another Bull Run this year? I D0 NOT THINK SO! - page 5. (Read 1028 times)