Surprised that the market is like this? Cryptocurrencies are always like this.
There are surprising ups and downs in the market that you didn't expected to happen. And for the bull market of bitcoin, it's not yet done because if it does, we're going to see it drop from $40k and below and the lowest could be $20k.
But so far so good and it's not yet going there.
Topic: Is the BTC bull market over? Polkadot ecological projects go rising in Apr? - page 2. (Read 204 times)
April 19, 2021, 05:24:36 AM
April 19, 2021, 05:14:36 AM
There's no indication to say that it is - and it seem like the only people who are worried about that are those who didn't experience the dips in previous bull runs.
These corrections happen, for a whole host of different reasons (some of them pure manipulation), but they also allow for buyers to re-enter and there are still millions waiting for these kind of dips to do just that. It is already bouncing back and the market is showing that it's happy to return to business as usual.
I don't think we can really start asking that question until September/October at the earliest - and even then there's a lot of unknowns given the more stable foundations that cryptocurrency has now compared to even 2017 let alone previous early bull runs. But don't get me wrong, I'm also not the kind of person you see out there who thinks it won't happen at some point this year...
These corrections happen, for a whole host of different reasons (some of them pure manipulation), but they also allow for buyers to re-enter and there are still millions waiting for these kind of dips to do just that. It is already bouncing back and the market is showing that it's happy to return to business as usual.
I don't think we can really start asking that question until September/October at the earliest - and even then there's a lot of unknowns given the more stable foundations that cryptocurrency has now compared to even 2017 let alone previous early bull runs. But don't get me wrong, I'm also not the kind of person you see out there who thinks it won't happen at some point this year...
April 19, 2021, 04:49:15 AM
Maybe just a correction? many people keep expecting the correction to happen when the bullrun happens and the price pump so high but there's none and if any it's just a flash correction but right now the price also recovering back climbing to $60K and honestly I don't think it's the end of the bullrun.
There's many news going around like turkey trying to ban btc etc but doesn't necessarily means gonna affect the whole world perception and opinion on bitcoin. Not to mention that the price after the dump that you mentioned still well above previous years ATH therefore it's hard to say that the bull market is over.
There's many news going around like turkey trying to ban btc etc but doesn't necessarily means gonna affect the whole world perception and opinion on bitcoin. Not to mention that the price after the dump that you mentioned still well above previous years ATH therefore it's hard to say that the bull market is over.
April 19, 2021, 04:40:33 AM
Many people associate the current drop in the price of bitcoin and the entire cryptocurrency market with various negative information that has recently appeared in the media. However, we can see that after yesterday's price drop to almost $ 54,000, today bitcoin has risen to $ 57,300. This indicates that the decline was short-term and in a few days the price should recover at the same level.
April 19, 2021, 04:36:38 AM
Yesterday, BTC plummeted by 20%, falling below 60,000 or even 55,000 U.S. dollars. Is the bull market over,
Bull markets won't give you a straight upward line. You will always see dips because people are locking in profits or trying to push the price down because they want to buy more.but the Polkadot ecological project has been rising. The Polkadot-UZ project was launched on the ZB exchange yesterday, with an increase of 1400% after the launch, and the highest increase of 2500%. Why the market is like this??
Another indicator of a bull market. You will see some random tokens pump and that happens often. During the recent Doge massive pump, even tokens that's related to a Dog pumped.Just be careful not to be sucked in into them and try to check the market cap/trading volume first. If it's too low, that usually means it's easily manipulated.
April 19, 2021, 04:03:33 AM
I don't even think the bullmarket is over and you must see this https://cointelegraph.com/news/dogecoin-cryptocurrency-reddit-communities-surge-as-crypto-euphoria-heats-up
There are lots of people were entering into the doge and crypto subreddit. That proves there will be another euphoria to the crypto.
Just because the correction caused by the drop of bitcoin hashrate and it doesn't mean the market will be facing another bearish trend. The whales were taking this opportunity to buy more and more bitcoin
From what you have been saying above that proves if market is still in the bullish trend.
There are lots of people were entering into the doge and crypto subreddit. That proves there will be another euphoria to the crypto.
Just because the correction caused by the drop of bitcoin hashrate and it doesn't mean the market will be facing another bearish trend. The whales were taking this opportunity to buy more and more bitcoin
From what you have been saying above that proves if market is still in the bullish trend.
April 19, 2021, 03:43:51 AM
Yesterday, BTC plummeted by 20%, falling below 60,000 or even 55,000 U.S. dollars. Is the bull market over, but the Polkadot ecological project has been rising. The Polkadot-UZ project was launched on the ZB exchange yesterday, with an increase of 1400% after the launch, and the highest increase of 2500%. Why the market is like this??
Jump to: