Topic: Is Bitcoin Setting Up For A Bull Run? (Read 876 times)

Is possible but i think we will not see this month a big grow, maybe next month we can see at least 8000-9000$ for bitcoin. All we need to do until then is to get more bitcoins if possible and hold what we already have. I will hold for a long time but i think we need more people to hold and if they put on sell put a higher price.

We cannot say a single thing in the moment actually. From few indicators, the market has been moving sideways while some such as the MACD, is showing some bullish crossover, the market look oversold across all time frame with the momentum indicator, the market has been holding up at $6k for a while now, and the psychology aspect to that is that the bears are getting weak in the market, but that is just an assumption until we see a clear sign upward, so at the moment now, we will just have to be patient to see the position the market will be turning to, anytime soon.

it seems that not necessarily the price of bitcoin will be bull run for this year because I see this event is almost the same as a few years ago when the price of bitcoin experienced a very high price increase then it will go into a correction period and will rise again when the price correction is over.

Compared to experts, I believe in whale/shark or cryptocurrency creators, isn't it? Because they can use huge amounts of money to control trends, but experts can only rely on mouth analysis!

Bull Run may start in the upcoming few months as we know that value of it has taken long to recover but that did not happen and we have still time or the opportunity to become a part of Bitcoin’s market by investing here. Even if the value is not setting up for Bull Run nearly then the only solution we have is to hold all our coins for future in order to sell it in bull market. Selling process should take place in a market where there you can make a fine or excellent profit.

I agree that it takes more time for the bull run to happen, and I believed that someday at random date this year we will see pumps to become unstoppable. Those speculative ideas may came over and I guess we're tired enough to hear those words many times whatsoever. We tend to believe for that bull run to come, but not to a certain point that it was set-up and rather it will happen once huge investors also be part of this growing economy of digital currency.

It's full of potential sellers, but also potential buyers as well. That's why trading the breakout is so important here. Such a tight, long term range implies there are lots of traders or investors to be squeezed when the market starts trending in either direction.

For example, shorts outnumber longs right now by far. Everyone who accumulated shorts over the past several months will be chasing the price upwards if bulls can break and close above the August pivot.

Overall, I'm neutral. Sentiment around here seems hopeful and bullish. That's a bearish indicator. But shorts are quite high (longs not so much). That's a bullish indicator. No opinion on the technicals until I see a range break.......

New ATH at $100k seems too exaggerated for me, anyway, i know nothing about of this so-called bull run on when it is coming but one thing i'm sure of is that it won't reach $100k this year not even on the next year. That price seems too high to catch up but is worthy if you sell your bitcoin that you bought at it's cheapest price than today.

Bull run is not even something that will happen all of a sudden the way some people are assuming and speculating it. It takes time and it will indeed take time before we will start seeing any serious bull run in this space. Some times, a lot of people tend to mix up the idea of a normal uptrend to a bull run, but bull runs are usually strong spikes and huge increase in percentage within a short period of time. We are still in a very huge speculative environment and that has really put a lot of people into that mentality of wanting a bull run by all means so they can start hitting big money without being patient for it.

As far as I am concerned, the trend will reverse when it is set to reverse and one thing I am pretty sure right now is that however the market turns out, it is something no one could have actually known exactly what it would be.

Sure, the sentiment for the last quarter of the year is usually always bullish, but at the same time, we still have to consider that fact that this is the cryptocurrency space, very unpredictable and the only thing we can mostly do at times, is to watch how events get to unfold at the end which for now, that is an event that no one is certain about when it comes to the possibilities of bullish activities.

We never needed an ETF to rally, and we certainly don't need one right now. All we need is patience to let the market bottom out properly, because I'm not sure if it already has with how people keep holding tight.

It may very well be that we in the coming months will face another shakeout, all to get rid of those still believing in a bull run this year, and those virtually under water who are on the brink of selling their coins to cut losses.

Let's be honest here. Most people have done their buying already, and the rookies who bought around the peak last year still hold their coins in the hope that we'll see a recovery. In other words, the market is full of potential sellers.

I don’t know why everyone want bull run nevertheless they know that there is no or very low demand in the market for bitcoin. Price is not increasing to this due and still some foolish people think that there would be a bull run in the last couple of months. Can anybody tell me what will happen in the next two months that the price will bump like the previous one?

Next year might gonna be surprising for everyone, I'm pretty sure crypto will have a magical trend which could have a huge different of what we have experience right now. The entire market is still bleeding and ain't gonna recover for this year, it takes months for that and 2019 might be lucky for us.

the price of btc seem stable at a such range, it will seesaw for god knows how long. the bullrun isn't coming yet. it may never be coming until etf is decided not approved. its a news that will affect price, i don't think bulls will start rallying unless the finance firms are going to pump the crypto,  but i'm hopping they will. 

We are at the deepest dip of the trend, meaning the recovery is not yet seen when it is starting, and the idea of the bullrun in year 2019 is not totally 100% sure. For me the recovery is too slow to be said that theres a bullrun happens in the year 2019. Only time can tell when it is soon to start.

The state of the market look as bitcoin is set for bullish trend and the best thing to do now is to invest into cryptocurrencies market if the major news that come into the market.

I do not think so; the Bitcoin’s situations seem stable and still the same as were before few months. We cannot say anything exactly due to the volatility and instability but it has only one solution that is to ignore predictions or future value but to live with present. However, if it is a bull run in future we do not know exactly what will be the future price and that is why good and bad consequences exists as a result.

As long as it pump or double its price now, i will be more thsn hapoy. It doesnt matter if they make new ATH. But a liitle increase will be helpful to continue trusting it.

I also admit that the future is hidden and nobody knows what will happen next. Prediction often gives wrong ideas about the future of bitcoin price and therefore I never believe in predictions no matter who is the predictor. How can one give future price nevertheless he doesn’t know the trend of the market and people’s mind what they want and what they expect from bitcoin.

Well most people are expecting a bull run to get us back to close to ath levels though i don't think we'll be touching that point anytime soon.  Bull run to end the year could at least get us decently at 10k and a lot of people would be a little happy with that. It's been down hill for most of 2018 and people could use a good end run to bridge 2019.

Generally, the bullish sentiment is actually brewing gradually, and we are even getting to see some news recently that would probably bring about more bullish sentiment as we move on to the end of the year till next year.

However, everything would still have to take time and we will most definitely get to see how things would have to turn out first, but for now, we just have to assume that the possibility of a bullish move is there based on optimism anyway. However, if we are really to look at it now technically, it is not actually something I expect until at least we see a break out and we are still currently on the verge of possibly seeing that happen either ways.

According to Technical analysis, at the end of 2018 or at the beginning of 2019 the trend will reverse. We are looking for a bottom at the moment and looks like 5.7k USD is our bottom. Even we can go below this level I think the recovery will be quick and then we are going to start next bull run.
By the way, the bull run does not mean a new all-time high in 1-2 month. Bull run means the trend start to go up (higher highs and higher lows) of course all-time high will come.

Most of the altcoin markets are beginning to make some move recently and we can see the rate at which volume is kicking in gradually. I so much believe that there is a possibility of seeing some bullish attempts before the year runs out but it still all depends on how bitcoin ends up which to me right now looks good within the triangle as it keeps testing the upper resistance and that shows some possibility of an upward breakout.

I guess the only main thing we would need now is patience and then wait to see how things would eventually turn out before the year runs out or what becomes of bitcoin before the month ends as that would really give us an implication of what would be happening at least in the short term.

Nope we are 10 months in the bear market, and I don't call that "early" as it will be 2 months out to make it a year. And talking about price movements I don't think that there is any accurate price prediction as long as what we are holding is a speculative asset all our price fantasies is possible of happening. Aside from speculating the next big thing you can do is to analyze it's price charts which is also won't give you an exact price prediction. You might think their price prediction is not believable as it is way different on what you are hoping for.

Dynamics like that can trigger wider moves but in theory that bigger move should be foreseeable from a number of perspectives in any case.    It does all come down to probability not certainties but the smart cookies know when the odds favour them making a move over staying still.

Regardless of trying to guess the exact price move just what BTC did so far, that whole development will have wider longer term consequences of raising awareness and involvement from across many parts of industry not already paying attentions.    Its never just one time frame that moves the tide imo

This subform is probably the worst place on the internet to try to figure out bitcoin's future price moves. Most of the predictions are based on pure fantasy and hope rather than logic.
The bear market just started, things won't turn around until 2020 at the earliest.

They did made some analyzations so they made a speculation like that. You can take that as reference but up to you if you will buy the speculation.

Do I think that bull run will happened in 2019? You know what matters here is, this year,  btc price was really tested. Lots of attempts had being made to bring down the price much lower to the established price bottom this year but didn't happened. We can now somehow determined the established "bottom price" which is a good starting point if ever a bullish run will happened.

Im fine with the trend that happened this year eventhough no doubt I loss some on the way because this trend shows us what's the "real price" after the not well strong 2017 hype.

I wouldn't have guess I would miss even $7k prices at this point but the price has been incredibly boring for the longest time and people are getting out of bitcoin and into other sutff because the price of bitcoin has been really stable and people are yearning for a bull run. However, I believe as soon as there is a legit price change and the people see the price breaking $7k - $8k - $9k and so forth levels one by one they will come back and what happens when everyone joins into it once again ?

The price starts to go high faster. That's what happened when going to $20k, when it was going from $3k to $4k it was harder but once the price reached like $8k than everyone started to buy thinking they are missing out on a great chance and the price jumped to $20k easier than it went from $3k to $4k. Which means price may hit $7k-$8k or whatever now but may go down however if it reaches 10-11 type of levels than I am sure its going to get easier to jump in price.

The market is a bit stable and since last 2 months it has been moving in range and that is a sign that the bullish trend is about to commence as the bear cannot pull bitcoin price down further.  I also think that now is the right time to buy bitcoin and all those altcoins that has large market capitalization.  I think that another history is about to be make again in cryptocurrencies market.

A bull market, or an intermediate bull trend? An uptrend from here won't decide that. There could easily be a bull trap in our future before another leg down.

A break upwards here could also just be part of a larger sideways pattern, e.g. a triangle. All I know is, it hasn't even been a year since the ATH. Nobody should be surprised if we stay in a corrective/bear market for a while longer.

Well nothing is in impossible if we believe but it's hard to say right now if what will be the situation of the crypto market. There's nothing we can do but to observe and continue what we do in crypto in every day life.

well for me in my personal opinion i believe that bitcoin will prepare to bullish again on year 2019 which is im pretty  not on this year because it's very late now and indeed market still no progress which is impossible to recover easily back to the previous records, so for sure on year 2019 there's a tends but i have still doubts because of some causes that always exist to manipulate the price .

This is exactly right. We are currently in the stable period between bear and bull markets. No we aren't in a bull market yet, but it is very high confidence that we are out of the bear market, and the next bull market should slowly start in the next 2 - 6 months. Looks for a move above the last lower-high of the bear market of ~$7400 as the first signal of a new bull market. If the price then moves above the second to last lower-high of the bear market ~$8500 then that should be confirmation a new bull market has already begun.

I very seriously doubt the price will drop below the established baseline of around $6000. If it does it will be from a few whales desperately attempting to crash the price to get in lower, and it won't last long, but I don't think we'll see under $6000 again most likely.

So yeah we are in the low volume, low volatility transition phase leading into the next long bull market. This phase started roughly early September, so we're already 5 or 6 weeks in. There is no way to know how long this transition phase will last. I wouldn't be surprised if BAKKT opening next month is the catalyst needed to start the bull market, but I also wouldn't be surprised if the bull market doesn't start until as late as March. But either way now is the time to buy and the next two years we should see another exponential growth spurt into the 6 digits for Bitcoin.

For the recent roller coaster ride that we've been part of on the recent bitcoin's journey right now, I foresee that bull run was just finding a good start before it hits the trigger for a good shot in the next days to come for few days of October and November. Many of our holders, definitely been gripping their belt for this is a travel which we can't expect great but still people who has determinations managed to handle emotional stress behind.

It's not going to happen fella. If people were still having some degree of hope that the SEC would let an ETF come through, they can thank the drama/fud around Bitfinex for slimming down the chances even further. All the market making happens on non compliant USDT exchanges, so what do you think the SEC's thoughts are right now? I can't even blame them to be honest.

The only increase in price this year will be related to Q4 seasonality, so you can be sure of the fact that most of the increase we'll book in the last months of the current year will be undone in the first months of 2019. It happens each and every year. It's a returning crypto cycle. Look up the charts and you'll see that it's true.

Buy now. Sell in December. Buy back in March or April. Or keep hodling if you don't want to speculate.

This is to be taking seriously and it means this is the right time to invest in cryptocurrencies.  I have thought of this bull run at the end of the year and I hope we Witnesse another bull run this year again.  However,  there is a need we invest with carefulness as the day -traders may take the advantage of little price appreciate and sell off in other to bring bitcoin and others cryptocurrencies price down.

Bitcoin is not only suitable for bull market, but it will also become a promoter of the bull market. Why? Because ETF! This is the most likely possibility of driving the market this year!

We experienced so much bear market this year and I believe its time now for bitcoin to pump again. We may not see a strong bullish trend this year, or even for the remaining months of 2018 I still believe bitcoin will end at a higher price. The market is having a good rest in the past months, its time now to work again and make a new ATH.

There is no sure about this market, bull market is just expected to happen but still there is no guarantee about it. Have faith on bitcoin and in time, the price will pump again. More good news means more investors will come, let's just keep on spreading good news about bitcoin and I hope no more scams/hacking news about cryptocurrency.

I think we are definitely getting closer to a bull run considering we have been stagnant for the past 5 months however we can never know how long this will be. The only logical argument here is that if we are eventually getting closer to a bitcoin that worths a lot more than this than all we need is time and since we are passing time with each month it has been stagnant logically it has been getting closer to a bull. The question here is that are we on the 5th month of a 7 month stagnant market that will skyrocket in the 7th month or are we on the 5th month of a 18 month stagnant market that will skyrocket after 18 months? If it is the first one than we are very close to getting that bull run soon but if it is the second one it is still good that we are closer than we were 5 months ago but we are still quite far off to it.

We are going to soon resume bullish trend like it happens last year and I think most of the good news that has been coming up is to prepare ground for another bull run.  We have never have serious price upwards movement this year and I think that is about to start.

bitcoin is not yet on the "verge" of a bull run but it is moving towards the bull run. in other words we are currently taking the first steps towards the series of rallies which will end up with a new set of all time highs and will eventually end up with a new ATH and a new bubble.

in any market it has always been like this after a bubble. specially when the asset is still growing and being adopted. after the correction we need a stable phase like this for the market to recover and then begin the rises slowly and then eventually end up with big cash flow in.

I was watching some youtube videos yesterday, youtuber that isn't so popular and he is making the same predictions. I admire the analysis that he conveys but I'm not going to depend with those anymore. No one holds the market and what's going to happen, no one really knows and no one can tell. The same words has been heard few months ago and some already failed and stopped predicting. But logically, I'm sure that many of us are waiting for the reversal.

Its really hard to tell if this price hike is setting up bitcoin for a bull run because its money leaving tether into bitcoin.
I feel like if tether goes under it will hurt bitcoin more then it helps price wise better for bitcoin in the long term though

By looking all the signs and pattern of the chart there is a big chances that it will happen in 2019 but if things will change in their pattern this might happen within this year. Look how complicated this market is, it is too complex to understand and even to predict because it is so unpredictable even if you have the valid data but still it does not go on to what we are planning.

Some experts who do it professionally get it all wrong almost every time. CCN experts are among of the best in failing to predict Bitcoin moves.


You're right but despite all that Bitcoin price moved above the descending triangle. This means that to those who rely only on TA Bitcoin is clearly displaying a bullish pattern.
It's not only on Bitfinex but the average price among all exchanges is above the triangle. If people read it as a breakout we should see a small rally at least.

Research is good, and right now I am still on what I see is I am going to believe for. Sometime we tend to have that frustrations become more rampant and very outrageous due to uncertain scenario that lingers on our mind, particular on wrong information. I that's the case with bitcoin for bull run, the big whales will not tell us but rather they would surprise without providing any particular signs.

let say bitcoin will drop  to 5000, We're fed up with the chart

These so called experts have being saying the same thing for a long time but the bull run has not happened yet. I am doubtful that it will happen this year, which means this pent up demand will explode in 2019

Please do not yell a bull run everytime the chart moves up a little and you see a green candle.  Listening this shit for like 8 months now lol.

We actually don't know how much was related to USDT rumors. A lot of that activity was probably cascading stop losses on Bitfinex + arbitrage bots on USDT markets reacting to Bitfinex.

It's not like we haven't seen this before. The same exact thing happened last year with Bitfinex and Tether. I thought the same thing as you at the time....."this is inorganic, price won't keep going up." And then it kept going up......

Who are those experts because I belie there is no experts in bitcoin prediction so there is no need for someone' prediction will come true and even the price increases in yesterday was not much for to be considered as bull run start up because already the price were down to the level where it was before.

Whenever someone use a word "Experts" combined with Bitcoin in an article you can know it is total waste of time to read it.  

Bitcoin price will not start to grow exponentially for sure this year and most likely not in the next year also.

It can happen tomorrow, it can happen in 2019, 2022, ... sooner or later Bitcoin should rise, but whoever gives predictions lately just finds out he/she were wrong. Nobody knows what's to be next...

I don't know how this can be 'the biggest dip that bitcoin can go through'.
All through 2018, the support level has held up far higher than previous years and we are less prone to sharp sudden drops and rises.

As regards to the OP, price predictions are just based on speculation.
We would all love a bull run soon, but  bitcoin has shown little changes for so long, that when the boom does come, there might be little warning.

those people were just giving their speculation on what they are expecting in market but ofcourse no one know when it will happen in the market so for me those numbers are just a numbers that was given by the person who wants to have a good price.

It's hard to tell, if we are getting more and more stable or if it's just building a stock pile of black powder for it to blow up (price wise up). There have been a ton of good news recently and I think things are just waiting for that one ignition.

I'm not really sure whether the bugle has been blown for the bull run cause yesterday price hikes was because of USDT news there's no major surge in demand. I would advise you not to fall for these so called experts who have never brought bitcoins, but will be always around to tell you a bull run is coming as soon there's some upward movements in the prices. It's always best to do your own research, read the charts and form an opinion.

Yes I think so as the support level at 6100 was holding great all during the year and the recognition through the overall media was growing as well. I think we can also broke 10,000 barrier anytime soon  

Do some research on why we had a price increase yesterday. It was because of rumours about USDT. Not because of organic demand.

So, are we setting up for a bull run? No one knows. People and news sites have been saying the same crap for months. Stop giving them too much publicity on such crappy articles.

most of them times these people whom you call "experts" are no more than newbies trying to gain some fame and make themselves be heard or sometimes try to manipulate the masses into something that benefits them.

right now we have no reason to expect a bull run in short term. there will be a big bull run eventually and price will hit a new ATH, possibly near $100k this time but the start of it is not clear.

As you can see in the charts, we are definitely in the deepest dip that Bitcoin can go through. But of course we don't know yet if we still go down more.

Experts claim Bitcoin could be on the verge of a bull run. Read why they think the market will begin growing exponentially and when is expected to happen so you can prepare your portfolio: https://cryptocoin.news/news/is-bitcoin-setting-up-for-a-bull-run-20800/

Do you think this will happen in 2019?