Topic: Is Bitcoin bull market back - page 6. (Read 1802 times)
The recent increase in the price made us start thinking of whether the bull market is back again or not. Because Bitcoin price climbed to even $42k recently. And still it has a potential to do better. In the coming days, we may witness Bitcoin price reaching at least $45k, I think. Then it could be even easier to reach at least $50k in a short time period.
Although the current condition cannot be said to be bullish, we still have to be optimistic about going through the next stage. Slowly the market will improve even though it takes a long time, it is possible to get better again. As long as the whales don't create negative issues, I believe the market has the potential to improve in the future and those that have averaged down will have a chance to take profit.
It will slowly follow a good timeline and be optimistic about the challenges that must be overcome, although I believe it will continue to move in the near future.Bitcoin is currently still back below $40k but only tens of dollars apart without any worries I think it's still a good pace for this slow bullrun.
I see no sign of anything bad or a dump to come, as if the whales have kept this for bitcoin to strengthen again.
We will see the journey in early August.
Yup, I also use trading and investing as learning materials because there are many life lessons to be learned. No matter how difficult it is for us to start investing in crypto, it's not much different as we open a business in the real sector, it's even more risky to invest in the real sector because the failure factor is not only on one side but on various sides. I feel that people who invest and trade in crypto are quite grateful for getting better financial literacy.
Crypto investment should not be done randomly without doing any analysis as it is much riskier than many people think. I wouldn't even invite someone who knows nothing about crypto and the market to invest because I know the risks are real. Those of us who are already in this space are always exposed to lingering risks such as asset security risks and volatility risks, so it's only natural not to invite anyone who basically doesn't understand crypto to come in and buy them at random. Experience will probably give us a lot of knowledge and will be very useful for anyone involved.Regarding the bull market, I think this could happen at any time even if only influenced by some positive issues. I don't think the bull market has returned now as it seem to be a reaction of the market wanting to move up slowly after a downtrend for several month. As many have said, volatility will always exist and we can only hope that there is plenty of fundamental to support another bullish attempt.
Although the current condition cannot be said to be bullish, we still have to be optimistic about going through the next stage. Slowly the market will improve even though it takes a long time, it is possible to get better again. As long as the whales don't create negative issues, I believe the market has the potential to improve in the future and those that have averaged down will have a chance to take profit.
This is just a good start for bitcoin recovery after huge correction happened last July of 2021, many people have worried and tend to panic because of that state. But, everything turns out to be normalize when good news came out, and also FUD articles were minimized. Bad comments has now being silenced by positive outlook of every individuals who's able to say more motivated and unlike the last time btc price went down so bad.
Just when you think its up it'll pull the rug and go back down some, market never wants you to have it too easy. I dont know how far we'd pullback but that would be my guess on direction for now as the trend up is faltering slightly by my rough measure.
It might go as far as the 50 day average but I reckon quite modest target downside is the former range top which is about 39k and then we can see where the various moving averages indictate momentum as being placed. Also this area is where we have gone sideways some last week so has some recent volume.
It might go as far as the 50 day average but I reckon quite modest target downside is the former range top which is about 39k and then we can see where the various moving averages indictate momentum as being placed. Also this area is where we have gone sideways some last week so has some recent volume.
Its very nice for some to see 1000% and 500% increases in many coins, if not all !
It has to come down eventualy, im very interested to see how thats going to happen.
I don't know if this is your own of being naive, too optimistic about the market, or hyping the market because the last time I checked no coin has gain 1000% and the 500% you mentioned and it is not possible now until the market reaches the total bullish realm which is still not guaranteed until we see a huge news or institution companies accumulation which will influence it. It has to come down eventualy, im very interested to see how thats going to happen.
Yup, I also use trading and investing as learning materials because there are many life lessons to be learned. No matter how difficult it is for us to start investing in crypto, it's not much different as we open a business in the real sector, it's even more risky to invest in the real sector because the failure factor is not only on one side but on various sides. I feel that people who invest and trade in crypto are quite grateful for getting better financial literacy.
Crypto investment should not be done randomly without doing any analysis as it is much riskier than many people think. I wouldn't even invite someone who knows nothing about crypto and the market to invest because I know the risks are real. Those of us who are already in this space are always exposed to lingering risks such as asset security risks and volatility risks, so it's only natural not to invite anyone who basically doesn't understand crypto to come in and buy them at random. Experience will probably give us a lot of knowledge and will be very useful for anyone involved.Regarding the bull market, I think this could happen at any time even if only influenced by some positive issues. I don't think the bull market has returned now as it seem to be a reaction of the market wanting to move up slowly after a downtrend for several month. As many have said, volatility will always exist and we can only hope that there is plenty of fundamental to support another bullish attempt.
I also feel the same way because why keep panicking when the price drops and immediately sell and then when the price goes up immediately sell for take profit even though if you look at the long term chart, BTC is very promising. We often do panic buy or sell. Whales on the other hand continue to make issues in their favour.
Bitcoin is not for all people. It's only good for people who have some characteristics like: brave, patient, determined and strong mentally.You can practice, experience in the market with Spot trading or HODL. You should not and won't have too many chances to practice if you do it with Margin tradings. Your account will be liquidated with Margin calls and you will lose both your capital, your confidence and perhaps your family.
Yup, I also use trading and investing as learning materials because there are many life lessons to be learned. No matter how difficult it is for us to start investing in crypto, it's not much different as we open a business in the real sector, it's even more risky to invest in the real sector because the failure factor is not only on one side but on various sides. I feel that people who invest and trade in crypto are quite grateful for getting better financial literacy.
I also feel the same way because why keep panicking when the price drops and immediately sell and then when the price goes up immediately sell for take profit even though if you look at the long term chart, BTC is very promising. We often do panic buy or sell. Whales on the other hand continue to make issues in their favour.
Bitcoin is not for all people. It's only good for people who have some characteristics like: brave, patient, determined and strong mentally.You can practice, experience in the market with Spot trading or HODL. You should not and won't have too many chances to practice if you do it with Margin tradings. Your account will be liquidated with Margin calls and you will lose both your capital, your confidence and perhaps your family.
Its very nice for some to see 1000% and 500% increases in many coins, if not all !
It has to come down eventualy, im very interested to see how thats going to happen.
It has to come down eventualy, im very interested to see how thats going to happen.
Do you never know about a bearish after bullish?
Buying Bitcoin as many as possible for the long term isn't a good idea. Most people buy now, they plan to sell in the possible upcoming bullish in Q4. It is not a long-term investment, boy. We all know that buying for the long term, should be in the bearish season. Note that it seems we are not in bearish season yet because there is a chance for an upcoming bullish at the end of this year. Just wait till the next year for the bearish season.
Buying Bitcoin as many as possible for the long term isn't a good idea. Most people buy now, they plan to sell in the possible upcoming bullish in Q4. It is not a long-term investment, boy. We all know that buying for the long term, should be in the bearish season. Note that it seems we are not in bearish season yet because there is a chance for an upcoming bullish at the end of this year. Just wait till the next year for the bearish season.
I think the bearish season is not yet happen and I'm afraid that we are now entering in the ghost season which we are doubting it may affect the current btc market rising from the last long run resistance of btc price between $30K-$35K. But of course I'd still expecting for a great come back of bitcoin price hitting another all time high price since we are now in a Q3 of the year hence the most awaiting season for the cryptocurrency is still 4 months away.
if i was an investor then i would buy as much btc as possible for a long term investment at this time, with such a relatively cheap price then i would mine as much as i can. because i want to get more bitcoins at this moment at a lower price quite cheap. and it is likely to have great potential in the future with me selling it when the price is according to what I want right
That will always be the words from someone that just missed the bull run or those people that have missed buying the dip.But those are just empty words without any application because if you really want to have bitcoin whether in bull or bear, you'll take action and buy.
Indeed sometimes talking is easy to be able to buy Bitcoin at a cheap price, but the reality is that many people finally don't dare to do it. Because they
are afraid the Bitcoin price could fall even lower, all our hopes and our words to be able to buy Bitcoin at cheap prices become useless, if we don't dare
to do it. My advice when we see the price of Bitcoin fall, don't think too much, it will only prevent us from buying Bitcoin.
which factors rises crypto market from 32k to 42 k 
if i was an investor then i would buy as much btc as possible for a long term investment at this time, with such a relatively cheap price then i would mine as much as i can.
Do you never know about a bearish after bullish?Buying Bitcoin as many as possible for the long term isn't a good idea. Most people buy now, they plan to sell in the possible upcoming bullish in Q4. It is not a long-term investment, boy. We all know that buying for the long term, should be in the bearish season. Note that it seems we are not in bearish season yet because there is a chance for an upcoming bullish at the end of this year. Just wait till the next year for the bearish season.
Maybe you do not like baseball but the position of the 4 batter is not only strategic, but it is the position that gives the victories, it does not matter if he is sunk in a slumg, he is always prepared to take it out of jonron, so I answer you from a baseball point of view bitcoin is a quarter bat ... always come back, always ready to get it out of jonron.
if i was an investor then i would buy as much btc as possible for a long term investment at this time, with such a relatively cheap price then i would mine as much as i can. because i want to get more bitcoins at this moment at a lower price quite cheap. and it is likely to have great potential in the future with me selling it when the price is according to what I want right
That will always be the words from someone that just missed the bull run or those people that have missed buying the dip.But those are just empty words without any application because if you really want to have bitcoin whether in bull or bear, you'll take action and buy.
Indeed sometimes talking is easy to be able to buy Bitcoin at a cheap price, but the reality is that many people finally don't dare to do it. Because they
are afraid the Bitcoin price could fall even lower, all our hopes and our words to be able to buy Bitcoin at cheap prices become useless, if we don't dare
to do it. My advice when we see the price of Bitcoin fall, don't think too much, it will only prevent us from buying Bitcoin.
if i was an investor then i would buy as much btc as possible for a long term investment at this time, with such a relatively cheap price then i would mine as much as i can.
Do you never know about a bearish after bullish?Buying Bitcoin as many as possible for the long term isn't a good idea. Most people buy now, they plan to sell in the possible upcoming bullish in Q4. It is not a long-term investment, boy. We all know that buying for the long term, should be in the bearish season. Note that it seems we are not in bearish season yet because there is a chance for an upcoming bullish at the end of this year. Just wait till the next year for the bearish season.
if i was an investor then i would buy as much btc as possible for a long term investment at this time, with such a relatively cheap price then i would mine as much as i can. because i want to get more bitcoins at this moment at a lower price quite cheap. and it is likely to have great potential in the future with me selling it when the price is according to what I want right
That will always be the words from someone that just missed the bull run or those people that have missed buying the dip.But those are just empty words without any application because if you really want to have bitcoin whether in bull or bear, you'll take action and buy.
You will experience losses if you will sell your BTC at the lowest price, but don't be dumb if you will sell your BTC under the price where you purchase.
This is correct. The only way for an investor to lose money is to sell at a price that is lower than the one they bought at. I see no reason for anyone to do this, at least as far as Bitcoin investments are concerned.
I see the condition of the market is starting to recover. And if more positive news will affect the market, this bullish season will come earlier from what we expected. Not just news alone, influential persons like Elon Musk and its alike, will also create huge impact on the market so let's wait and see then.
You will experience losses if you will sell your BTC at the lowest price, but don't be dumb if you will sell your BTC under the price where you purchase.
This is correct. The only way for an investor to lose money is to sell at a price that is lower than the one they bought at. I see no reason for anyone to do this, at least as far as Bitcoin investments are concerned.
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