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Topic: I think bull run coming soon (Read 2740 times)

sr. member
Activity: 770
Merit: 268
March 09, 2017, 08:00:00 AM
#51
This is already a  bull run that we are experiencing right now. Being up by 120% from last year is more than what I can wish for, and sometimes a retreat is also a welcome sight so we can start another cycle of run up towards new territories. If this consolidation that is happening right now is any indication of higher prices, then we might break $1,500 sooner than expected.
Well I really hope we break 1500$ sooner than expected now so in expectation to what will happen this weekend if ETF gets approved or not im holding all the bitcoin I have accumulated from trading and signature campaigns these past few weeks and im not gonna sell them yet to get more money. I hope we break 1500$ by that time but a little rise to 1300$+ would I think be lovely too.
Looks like 15k$ will have to wait bit longer than expected. Looking at price correction, it seems bulls are rethinking their decision. It could be due to http://www.businessinsider.in/bitcoin-slides-after-chinas-3-biggest-exchanges-say-they-will-keep-blocking-withdrawals/articleshow/57538794.cms
hero member
Activity: 882
Merit: 544
March 09, 2017, 07:14:00 AM
#50
This is already a  bull run that we are experiencing right now. Being up by 120% from last year is more than what I can wish for, and sometimes a retreat is also a welcome sight so we can start another cycle of run up towards new territories. If this consolidation that is happening right now is any indication of higher prices, then we might break $1,500 sooner than expected.
Well I really hope we break 1500$ sooner than expected now so in expectation to what will happen this weekend if ETF gets approved or not im holding all the bitcoin I have accumulated from trading and signature campaigns these past few weeks and im not gonna sell them yet to get more money. I hope we break 1500$ by that time but a little rise to 1300$+ would I think be lovely too.
hero member
Activity: 518
Merit: 500
March 09, 2017, 05:41:44 AM
#49
This is already a  bull run that we are experiencing right now. Being up by 120% from last year is more than what I can wish for, and sometimes a retreat is also a welcome sight so we can start another cycle of run up towards new territories. If this consolidation that is happening right now is any indication of higher prices, then we might break $1,500 sooner than expected.
legendary
Activity: 2170
Merit: 1427
March 09, 2017, 05:35:38 AM
#48
the bulls are here and those dumps coming after insider information of rejection or because of correction?

Could be, but I very much doubt that. It's normal that the market isn't exactly sure in what direction to head as one side is looking to cash out profits, and one side is looking to benefit from these dumps so they can expand their positions as they benefit from the lower prices. The demand makes sure that the price doesn't fall down that deep without recovering.

so what do you see from now?

I see money as the market is once again moving in a repetitive manner. If you know how to make use of this volatility, then you won't mind the volatility to stay for a few more days/weeks.
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
March 09, 2017, 05:20:46 AM
#47
i have to admin that your post was inside 100% on what happened.
The point is where do we go from now?

We are waiting for the ETF, the Kraken is getting very strong with big volatility, the bulls are here and those dumps coming after insider information of rejection or because of correction? we are in big stress everyone here that we wait for the call to sell or buy... any information could help up make some fiat or BTC...

so what do you see from now?
sr. member
Activity: 308
Merit: 250
March 09, 2017, 05:09:08 AM
#46
the bulls are here

fresh fund from elsewhere
sr. member
Activity: 308
Merit: 250
March 06, 2017, 07:10:13 AM
#45
i still think the bull is coming hahah

5 more days folks
legendary
Activity: 1848
Merit: 1001
March 02, 2017, 12:13:09 PM
#44
i still think the bull is coming

in our faces & down our throats
sr. member
Activity: 308
Merit: 250
March 02, 2017, 05:12:55 AM
#43
i still think the bull is coming
sr. member
Activity: 826
Merit: 256
February 28, 2017, 09:19:19 AM
#42
We all know that the price of evry cryptocurrency is highly volatile so there is always correction after some uptrends.
legendary
Activity: 1937
Merit: 1001
February 28, 2017, 06:15:06 AM
#41
As per my technical analysis, this bull run may last till $2000 prices regardless of what would be the result of bitcoin ETF will get. Because bitcoin already got sufficient media coverage to get enough new investors to reach there.

Bull run or no bull run, eventually the price will surely hit the $2000 since it's only a matter of time. However, the ETF approval might give the price a significant boost as it will allow institutional investors to enter the market. The effect of money from these investors flowing into Bitcoin should not be underestimated. If they jump into Bitcoin by great numbers, then even $2000 will be considered peanuts in the long term.

ETF will be finally approved, no matter in 2017 or later years, we can be very patient, and even without bitcoin, the price can be pumping significantly. I don't worry about the price.


Stop spreading these toxic lies. It's not helping bitcoin as a whole.
member
Activity: 137
Merit: 11
February 28, 2017, 04:33:58 AM
#40
For those that think we've had a big bull run and BTC has to "recharge" or go down for some time - is BTC really worth what it was 4 years ago when the price was at or a little higher than the current price? Has not adoption, volume, mining difficulty and on network transaction volume not grown significantly since?
Most people posting are convinced we'll see another downturn recharge period, and yeah a bit of a recharge is reasonable, but if that is what alot of people are saying I think of Pareto's law.
BTC has been recharging the last 4 years, gaining parity with the price of 4 years ago is not the big bull run, it only possibly starts at higher prices, and looking at long-term patterns it should go alot higher than a measly 1.25k. BTC's mkt cap is peanuts compared to many other mkts, it is still incredibly small, and if it is successfully adopted for what it aims to be it's mkt cap will surely have to be much much higher.
full member
Activity: 219
Merit: 100
Art is the triumph over chaos
February 28, 2017, 12:32:50 AM
#39
I think this is the best time to buy more before ETH gets approved... buy at the dips
sr. member
Activity: 246
Merit: 250
February 28, 2017, 12:05:55 AM
#38
just stop worrying about the bulls and bears and all the rest of the jungle animals and start accumulating while you can and price is still low. soon we are going to start seeing new price series of price rises, and then the ETF deadline will come and seal the fate for a while.
If you are investing in bitcoin you must be concerned with the price of the coin and investors are looking for a bull run rather than bears.Hope the fate of bitcoin is not in the hands of ETF and i can understand that the price is increasing because of it but i really do not think that i could hurt the price of the coin in the long term even if the ETF is approved.
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
February 27, 2017, 08:10:59 PM
#37
yup accumulation phase
I think that's what's happening, too.  People--and this probably includes the ETF folks--are buying it up, albeit slowly so as not to cause the price to skyrocket.  But as to the title of this thread, we're already in a bull market.  It's not coming soon; it's here.  Frankly I think we're seeing the price rise a little too fast for comfort, but we'll see.  I also think it's still a good time to buy, and I'm not waiting for a dip.  But who knows?  This could be 2013 all over again.
hero member
Activity: 798
Merit: 506
February 27, 2017, 07:57:02 PM
#36
We've had a significant bull run already so I'm expecting a price drop rather than a bull run to the moon.

i hope your wrong

i hope that too but with the recent price rise and the breaking of the ATH all around, there needs to be some sort of short term drop so everyone can buy back again after they sold their coins for profit.
besides there has been some dumps going on, showing the bull run is over but temporarily.
The dip is inevitable, every rise will cause massive withdrawal and the price will fall down again.
Last time bitcoin price reach $1200, within hours it suddenly drop to $1150 and keep decrease.
Now, people already buy back and wait for SEC decision while others speculate whether winklevoss ETF will approve or not,
I guess SEC team will approve it, rather than thinking they won't and cause another significant decline. We like bitcoin price getting bigger and more valuable right.
copper member
Activity: 1050
Merit: 500
February 27, 2017, 03:44:11 PM
#35
You think a bull run is coming?

We've been in a bull run for months now, punctuated only by a few short-lived panic dips caused mainly by PBOC shenanigans.

I see no reason for this bull run not to continue.

i won't call this bull-run, just a steady return to the last ATH, or to the main if we want to follow the chart example about how a market move

the real bull run is yet to be revealed, there is no real adoption now and EFT is not even initiated, people will shit their pants when bitcoin will be on track to increase how it should be

So you are saying Bulls are only just getting to pumped up with this increase and sudden steep incline in price for a few days?  Then if ever the Bull started to run with all the pump and steroid in it, Bitcoin can possible rise to $3k?  Well if in that case with the ETF being approved and adoption is everywhere there is no telling how high Bitcoin can get.
legendary
Activity: 1862
Merit: 1004
February 27, 2017, 03:17:14 PM
#34
We've had a significant bull run already so I'm expecting a price drop rather than a bull run to the moon.

I think the price will be stable between $1000 to 1200 in the next few months. Then it will start rising again.
If there wasn't COIN ETF in play, then price stability might be real, but I expect that after 11 March and final SEC's decision we either will see:
- huge boost of price (we are talking abot 100% boost) followed by hype we never seen before - as business will invest in BTC
- small decline - (no higher than 10%-15%) traders know that ETF approval is rather unlikely to happen

Anyway some kind of shift will happen after 2 weeks. Be ready. Until then we will have stable period, the calm before the storm.
legendary
Activity: 1904
Merit: 1074
February 27, 2017, 03:05:55 PM
#33
My guess, the correction stage already passed and we will see the bullrun stage will be starting as soon as possible until near of 11 march. I'll HODL my bitcoin in my pouch. Sell them in near of 11 march.

All the traders who are taking a call on the approval / denial of permission for the ETF would have taken a position by now. So trading just before 11th March won't get you any advantage. You should sell at the short-term peaks if your intent is to get out before 11th of March.

If you are planning to have a quick exit just before the decision is made on the ETF, then you setting yourself up for a big disappointment. Nobody

knows what the outcome will be, and we are not trading much higher than $200 {+/-} above the price, before all this hype about the ETF has

started. A negative outcome will chase away the speculators... but the majority of us will still hodl our bitcoins for the Moon. The ETF is not the

make or break for us... Who knows... 1 week after the ETF decision ... someone might launch the Killer App for Bitcoin.  Huh
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
February 27, 2017, 01:46:39 PM
#32
i won't call this bull-run, just a steady return to the last ATH, or to the main if we want to follow the chart example about how a market move

the real bull run is yet to be revealed, there is no real adoption now and EFT is not even initiated, people will shit their pants when bitcoin will be on track to increase how it should be

That is a good example of what I call "the to da moon myth".

People that adhere to this myth think that it's mandatory for Bitcoin to reach high price levels, because it will be - in the future - the dominant payment method or one of the dominant methods.

What they forget is that a part of this "adoption myth" is already priced in in the actual price level. I don't think the Bitcoin users that are using BTC not for speculation (including the so-called "hodlers") are more than 10-15% of all users, and that's already including people that use it for speculation and some other purpose.

It is truely possible that Bitcoin can get adoption and a much higher price (in another post, I have mentioned a realistic long-term price level of ~20-30K USD). But that is only possible if the whole ecosystem grows. It is - contrary to popular belief - not a simple mathematic equation (e.g. global M2/21 million = future Bitcoin price Grin).

So I tend to agree to JimboToronto - since the second half of 2015 we're in a bull run. Every stock market trader would agree to this. But diverging with JimboToronto I think it's not mandatory for this bull run to continue - it can stop everytime, under or over the MtGox ATH.
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