I think bull run coming soon - page 2.

maker88

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Quote from: Carlsen on February 27, 2017, 04:25:22 AM

At the moment I see no big movement upwards in the near future anymore.
During the last months the price has already went up very far.
Now a lot of people are afraid that a bubble might develope. But since there is no sign the price might go down, they do not sell either.
I suspect the price to stay constant on this level now for a while,

Honest question, have you experienced a bitcoin bubble? They usually are a lot more explosive, and they don't even gain steam until breaking the all time high.

BrewMaster

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Quote from: Carlsen on February 27, 2017, 04:25:22 AM

At the moment I see no big movement upwards in the near future anymore.
During the last months the price has already went up very far.
Now a lot of people are afraid that a bubble might develope. But since there is no sign the price might go down, they do not sell either.
I suspect the price to stay constant on this level now for a while.

by a lot of people you must mean "you" and some of the topics you read which are pure "FUD". nobody else is thinking about a "bubble" because there is none.
you should know that there is big difference between a rally rise and a bubble rise and you can always check the supports for that too.

1Referee

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Quote from: Carlsen on February 27, 2017, 04:25:22 AM

During the last months the price has already went up very far.
Now a lot of people are afraid that a bubble might develope. But since there is no sign the price might go down, they do not sell either.
I suspect the price to stay constant on this level now for a while.

Current levels can't be considered a bubble, or a bubble in-the-making. If we shot up to $1700-$2000, then yes, it would be a proper assumption, but not at current levels. I think the price we are seeing now is just about right with demand for a big part coming from people looking to escape the tyranny of their governments. Bitcoin for these people is a great escape from their governments, plus it also offers a great investment opportunity. People would be stupid to not secure a part of their wealth in Bitcoin.

Carlsen

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At the moment I see no big movement upwards in the near future anymore.
During the last months the price has already went up very far.
Now a lot of people are afraid that a bubble might develope. But since there is no sign the price might go down, they do not sell either.
I suspect the price to stay constant on this level now for a while.

Amph

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Quote from: JimboToronto on February 26, 2017, 03:29:41 PM

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

zby

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Quote from: JimboToronto on February 26, 2017, 03:29:41 PM

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.

This!

It grew over 400% percent over just above a year. To beat this we need to reach $5000 now.

virusasog

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Quote from: InvoKing on February 26, 2017, 04:35:53 PM

Quote from: amacar2 on February 26, 2017, 03:12:56 PM

Bitcoin is going towards new ETH price so all this dumps/correction after a big pump like recent one is normal. Chinese may again spread new FUD regarding PBOC investigation Grin

The most important thing is having a bitcoin price above $1000 for the rest of the year (preferably +$1100 forever ofc) then loosing one hundred then recovering it shouldn't be a problem, the essential thing is a positive rise at the end Wink

Yeah it's 1150$ and more now. This price bump is moving to high value in recent days. But i do not agree that this a bull run. However, this somehow when we see the last month bump.

BitDane

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I think bulls have been charging for almost a month now. As a matter of fact they have been charging even before 2017. Probably you are saying, Bulls are getting charged up like Bulls in a steroid.

Quote from: InvoKing on February 26, 2017, 04:35:53 PM

The most important thing is having a bitcoin price above $1000 for the rest of the year (preferably +$1100 forever ofc) then loosing one hundred then recovering it shouldn't be a problem, the essential thing is a positive rise at the end Wink

I think the scalability issue is much important than bitcoin being at $1000, because if Bitcoin scalability issue is fixed, I am sure we would have been sitting in $2000 by now, pairing with the possible ETF approval.

InvoKing

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Quote from: amacar2 on February 26, 2017, 03:12:56 PM

Bitcoin is going towards new ETH price so all this dumps/correction after a big pump like recent one is normal. Chinese may again spread new FUD regarding PBOC investigation Grin

The most important thing is having a bitcoin price above $1000 for the rest of the year (preferably +$1100 forever ofc) then loosing one hundred then recovering it shouldn't be a problem, the essential thing is a positive rise at the end Wink

JimboToronto

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You're never too old to think young.

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.

amacar2

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Bitcoin is going towards new ETH price so all this dumps/correction after a big pump like recent one is normal. Chinese may again spread new FUD regarding PBOC investigation Grin

BrewMaster

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There is trouble abrewing

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.

ninjabiz

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Quote from: 1Referee on February 26, 2017, 09:41:28 AM

Quote from: coinplus on February 26, 2017, 09:10:47 AM

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.

spazzdla

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Quote from: _nur on February 26, 2017, 12:38:09 AM

Quote from: cpfreeplz on February 26, 2017, 12:36:50 AM

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 nice holding at this price for a few months would be nice. Don't want to go up to fast or it WILL come down pretty hard.

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: Wewisk on February 26, 2017, 05:36:02 AM

Quote from: cpfreeplz on February 26, 2017, 12:36:50 AM

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 only one thing is for 100% sure, that is the fact that price won't last stable here (although you were cheeky and chose a big range) for "a couple of months!

you are mostly forgetting that in a short while there is the ETF results coming out and there is always the Chinese irrelevant news and their so called inspections!
the range of stability for now is $1110-$1190 and the type of news that comes out will determine the short orientation.

MatDerKater

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Quote from: notme on February 26, 2017, 01:05:00 AM

1 minute charts... what could go wrong?

lol.....pretty bullish on the 1 minute there though!

1Referee

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Quote from: coinplus on February 26, 2017, 09:10:47 AM

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.

Zadicar

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Quote from: aso118 on February 26, 2017, 08:39:42 AM

Quote from: X-ray on February 26, 2017, 05:49:29 AM

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.

Well does depend on certain trader if he wants to take risk on holding or selling off his bitcoin before or after march 11. I don't know what would happen that particular day and let's wait for that day if speculations are right or wrong.

coinplus

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Quote from: cpfreeplz on February 26, 2017, 12:36:50 AM

We've had a significant bull run already so I'm expecting a price drop rather than a bull run to the moon.

How you will identify the current phase of bull is getting over ? No one can be sure when that "after bull run" point is going to happen. Theoretically after bull run prices will fall, but with respect to bitcoin prices we cannot be sure we have reached an over bought zone so that prices will start falling back before another bull run.

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.

aso118

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Quote from: X-ray on February 26, 2017, 05:49:29 AM

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.

Topic: I think bull run coming soon - page 2. (Read 2740 times)