I knew it that BAKKT and others will definitely not affect bitcoin's market price and the worst part is the price decreases.
But as the others said, the bull run already happened but not similar to the bull run in 2017. I hope that this is not the end of bitcoin in the year 2019.
Topic: Exacly what is the Reason? - page 3. (Read 605 times)
Exacly what is the Reason bull run have not started yet?
Are you new in the crypto space or what ? The bull run of Bitcoin for this year started in may, thus when the price of Bitcoin moved from $5k to $12k and then dropped down to $8k. The bull run has already happened for the year 2019.
It's high time we stopped living with 2017's mindset. For a bull run to start, we need see more adoption, institutional money flowing in and possibly lessen bans place on cryptocurrencies in most countries. BAKKT can't trigger any bull run. Exchanges being successful and having heavy trade volumes can't also do the magic. It needs real solid underground works.
It's needs to gain more supports and users trust in order to bring more success, Bakkt alone can'r lift everything but the people behind this industry have capabilities to bring the bull to wake up. There's no need of comparing the situations from how things went last 2017 bull, if we live from that we will be left stuck from the memories and keep pulling things down. Start working with good anticipations future will dictates the fate of this market. 
I'm curious... What does not suit you in today's Bitcoin price, it is very high, and gradually rises. I think it will continue to rise in the near future. And Yes, now this news is not good enough to send Bitcoin to conquer new heights. I think that now it is engaged in by people to whom it is favorable, we can only wait.
It's high time we stopped living with 2017's mindset. For a bull run to start, we need see more adoption, institutional money flowing in and possibly lessen bans place on cryptocurrencies in most countries. BAKKT can't trigger any bull run. Exchanges being successful and having heavy trade volumes can't also do the magic. It needs real solid underground works.
Instead of whinning about the next bull-run, why not enjoy the current bitcoin price to accumulate bitcoin. Once the bull-run starts people would start crying again regreting not buying when the prices are cheap. Just accumulate in small amount and be patient, everything will be worth it.
Probably, the market is not ready for another bull run. That is the main reason why, if it is, then we can see Bitcoin soaring high already. Aside from that, whales are manipulating trades and most of the people on the margin trading had been long for so long and they got impatient and shorted it. That instantly changes the market sentiment from bullish to bearish.
This may takes time time for bull run to happen, possibly needs more adoption for the price to increase. We could also take this opportunity to accumulate some btc in our wallet. And once more adoption will happen, and will invest into crypto surely btc price to be moon. Therefore, others knows this that the more demands the price will goes up just so happen no one knows when it will occur. Let’s just hope to see btc pumping next year.
Exacly what is the Reason bull run have not started yet?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
The reason is that none of the things that you mentioned is new. Binance and Bitmex trading are already in operation for a while. Bakkt is newly launched but it does not mean that it is a new idea. It has already popped out several months ago. So there really is not enough reason for a bull run as far as the factors that you mentioned are concerned.
However, I am positive of the upcoming 2020 halving. Although this is not a guarantee of course of a bull run, it will definitely be a significant factor.
You've got to understand that markets don't move in straight ups and downs. Instead it needs periods of consolidation in which weak hands and retail traders are shaken out of their positions and fuel the positions of the big accounts. After all it is all about supply and demand. Demand > supply = price surges up, demand < supply = price goes down, demand ~ supply = consolidation.
In simpler words bulls need periods of cooling down so they can recharge their batteries. You can't just pump the price to $100k like that
In simpler words bulls need periods of cooling down so they can recharge their batteries. You can't just pump the price to $100k like that
Dont be so exited about halving look at litecoin?
Litecoin is still down!
Litecoin is still down!
Exacly what is the Reason bull run have not started yet?
Answer is very simple ! Because new investors are not entering on bitcoin market right now. When new buyers will encourage to enter on bitcoin that time bitcoin will be on full bull run like happend on 2017. Most likely bitcoin just roaming between old traders and that's why we have seen current dump. Whatever you say, FUD or FOMO but main thing is new investors. Anyhow you have to encourage new investors to bitcoin then you can see bull runs. When you will see previous chart record you will realize how new investors could help bull run. During bull run you will noticed that there was high buy pressure, that means there was lot of new investors who already entered on crypto-currency markets and they want to buy bitcoin. That's why when bitcoin start bull run then just running for few days. Its because of investor's FOMO.
Yes!
True!
But Where is the New investors?
And Where they come from?
If they dont soon join in we will see other dump.
Mostly the Old investors investing in altcoins ieos.. Icos.
The bitcoin is just door way right now to cash out or cash in.
Exacly what is the Reason bull run have not started yet?
Answer is very simple ! Because new investors are not entering on bitcoin market right now. When new buyers will encourage to enter on bitcoin that time bitcoin will be on full bull run like happend on 2017. Most likely bitcoin just roaming between old traders and that's why we have seen current dump. Whatever you say, FUD or FOMO but main thing is new investors. Anyhow you have to encourage new investors to bitcoin then you can see bull runs. When you will see previous chart record you will realize how new investors could help bull run. During bull run you will noticed that there was high buy pressure, that means there was lot of new investors who already entered on crypto-currency markets and they want to buy bitcoin. That's why when bitcoin start bull run then just running for few days. Its because of investor's FOMO.
Simply because it isn't the perfect timing for it to happen. 2017's bull run was surprising. I guess we should wait for total mass adoption and crypto acceptance around the world. That would surely bring a huge impact on the price of Bitcoin. However, the current price is still good so we must just take advantage of it. The bull run might occur this year, next year or it could happen so soon. No one really knows when.
I don't think that anyone has the right answer for that...
Crypto is on a crossroad... BTC is old and can't get there without patches, so we are hoping for the Lightning Network to work... as BTC is the strongest and most known coin, it is the one with chances for global adoption...so, fingers crossed, and hope that BTC tech can be updated
Crypto is on a crossroad... BTC is old and can't get there without patches, so we are hoping for the Lightning Network to work... as BTC is the strongest and most known coin, it is the one with chances for global adoption...so, fingers crossed, and hope that BTC tech can be updated
Exacly what is the Reason bull run have not started yet?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
Good news can't prop up bear markets. So maybe we're in a bear market. Ever consider that?
Check out this post and scroll down to "Bear Scenario (Alternative)." It's possible the long term bull market is over and we're headed to much lower prices now.
Exacly what is the Reason bull run have not started yet?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
We are already living in it.
Have you bought any coins when it was below $4k? If you did, you would have at least tripled (doubled now) your investment by now. It hit $14k just a few months ago.
We are slowed down lately but we will get the next moon shot next year around the halvening probably.
Exacly what is the Reason bull run have not started yet?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
Well, when you think about it, the bull run starts when there is a huge demand, which forces the price to go up. So it stands to reason that people need to start buying BTC more in order for its price to grow. There's your problem, there is likely skepticism and uncertainty in the heart of it all.
Bull run i mean btc price at least 12-16k and up.
yes thats what the definition of a bull run. everybody knows that your refering to that price range when you say bull run. you list few good reason on why the bull run must start but why it didnt ? it could be that whales are responsible for this .
they dont want to start a bull run but maybe thier waiting for the right time. like what happen last two years ago where the bull only started in november and december. they may want people to expect that history really repeats itself. better if you can wait for that dates
Exacly what is the Reason bull run have not started yet?
There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
Bakkt is here, but the effects on the market were a disappointment to a lot. Even though it was hyped and people told the community that with its launch, bitcoin price would rise, when the launch happened, instead of going up, it went down. Besides, those factors may affect the market but since they were a bit of a disappointment, they really didnt do much to affect the bullrun There is allready good things happening Bakkt, Binance, bitmex large volumes and so...
Still that all its not enough?
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