How long will this bull run be? - page 4.

Rapidgator

sr. member

Activity: 509

Merit: 250

Quote from: DustyRah on July 24, 2018, 01:19:50 AM

This is not just a normal spike, all of the indicators are positive including Divergence, MACD over EXP, CCI etc. The volume is just normal though. The indicators alone may drive the spike a bit more but I don't think it will last and it will stay below 10k. There have been quite a bit of positve news and Bitcoin has captured quite a bit of market cap recently to stand over 46% right now.

If this trend holds, we may see a nice spike towards the end of this year.

Maybe just don't look deeper into indicators right now. Wait few days or week to have a data including the recent price action due to huge spikes Cheesy

hugeblack

legendary

Activity: 2702

Merit: 4002

A modest rise Grin

of $ 1,000 or 2,000 means that we will continue to rise forever, according to your words, ETF is a point that may lead the price to a mad high or vice versa.
So if you are smart, the best point to buy and reduce risk is after ETF's decision, either by buying or selling because then a real change will happen.
Although the recent rally is frantic, I do not expect it to last long, "we have exceeded $ 7,000 quickly."

lablab03

full member

Activity: 1064

Merit: 112

Absolutely but we have no idea how long it will last. Because it's very unpredictable due to the volatility, but it doesn't matter in my opinion because it's up to us as well how to handle it to avoid losses. Wherein for me doing hard technical analysis is the most important now.

DustyRah

sr. member

Activity: 533

Merit: 251

This is not just a normal spike, all of the indicators are positive including Divergence, MACD over EXP, CCI etc. The volume is just normal though. The indicators alone may drive the spike a bit more but I don't think it will last and it will stay below 10k. There have been quite a bit of positve news and Bitcoin has captured quite a bit of market cap recently to stand over 46% right now.

If this trend holds, we may see a nice spike towards the end of this year.

thecodebear

hero member

Activity: 2240

Merit: 848

It seems likely that this recent third bottom of 2018 was the final bottoming out. Don't think price is gonna start going crazy or anything now, though it might go crazy until the ETF verdict, but generally I think we're right at the start of a new bull market.

The last bull market lasted about 2.5 years from mid-2015 to end of 2017. How long do you think this one will be?

I could see it lasting until late 2019 or maybe even late 2020 past the next halving. I think we'll see or get close to $100k on the peak of the next bull run in less than 30 months. I think institutional investors and traditional retail investors (like through ETFs) will drive this bull run, with of course another round of serious FOMO from the public eventually just like late last year.

Now is the time to get in if you're smart money, whether hodling or trading.

Topic: How long will this bull run be? - page 4. (Read 573 times)