Is the Next Bitcoin Bull Run Started?

Astargath

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Quote from: stadus on May 29, 2019, 02:01:01 AM

Quote from: LUCKMCFLY on May 28, 2019, 05:34:50 PM

Quote from: Astargath on May 28, 2019, 02:54:45 PM

Yes, the next bull run started a few months ago but it was definitely confirmed a few weeks ago and 2 days ago when we broke the monthly resistance. We are now on the way to change the monthly trend which is the only one left. We will then be in an uptrend on all time frames.

There are also other big clues like negative news not affecting bitcoin at all, in fact it went up last time we saw some bad SEC news, no one cares about it anymore and we shouldn't, SEC doesn't control bitcoin.

While the SEC does not control bitcoin, the impact of the BAKKT, has made many investors are entering the market, because otherwise have been increasing purchases? the volume in the Exchanges has increased considerably and there has been no sign of making a correction, I think and speculate that it may be for that reason.

There is no long correction that will happen as the price is still undervalued until now.
One good example of correction is what we just witnessed this month, but we see how the market react after that correction, Bitcoin rises again.
I'm expecting the correction to take place when the price of bitcoin will surpass its ATH, which likely gonna happen this year.

Normal market indicators do not work very well when applied to bitcoin. First of all it's kind of hard if not impossible to even apply fundamental analysis to bitcoin. Second of all, corrections in this market are far different. Classic markets like gold or forex can barely see 1-2% gains in weeks, bitcoin can do a 10% followed by a 20% the next day, something unheard of in the other markets. Of course corrections are going to be just as wild or sometimes not at all because we skip so many resistances at once and FOMO starts to appear.

Noojna

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Still, there are many obstacles before BTC rises to a significant value that will change our lives; looks promising though!

emmybd

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Bitcoin's momentum over the past few weeks, now it is clear that the bitcoin bull run has started and it is a matter of time it would get 10k. I believe it is not going to stop at 10k, there would be occasional corrections but it would continue to move upward.

stadus

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Quote from: LUCKMCFLY on May 28, 2019, 05:34:50 PM

Quote from: Astargath on May 28, 2019, 02:54:45 PM

Yes, the next bull run started a few months ago but it was definitely confirmed a few weeks ago and 2 days ago when we broke the monthly resistance. We are now on the way to change the monthly trend which is the only one left. We will then be in an uptrend on all time frames.

There are also other big clues like negative news not affecting bitcoin at all, in fact it went up last time we saw some bad SEC news, no one cares about it anymore and we shouldn't, SEC doesn't control bitcoin.

While the SEC does not control bitcoin, the impact of the BAKKT, has made many investors are entering the market, because otherwise have been increasing purchases? the volume in the Exchanges has increased considerably and there has been no sign of making a correction, I think and speculate that it may be for that reason.

There is no long correction that will happen as the price is still undervalued until now.
One good example of correction is what we just witnessed this month, but we see how the market react after that correction, Bitcoin rises again.
I'm expecting the correction to take place when the price of bitcoin will surpass its ATH, which likely gonna happen this year.

LUCKMCFLY

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Quote from: Astargath on May 28, 2019, 02:54:45 PM

Yes, the next bull run started a few months ago but it was definitely confirmed a few weeks ago and 2 days ago when we broke the monthly resistance. We are now on the way to change the monthly trend which is the only one left. We will then be in an uptrend on all time frames.

There are also other big clues like negative news not affecting bitcoin at all, in fact it went up last time we saw some bad SEC news, no one cares about it anymore and we shouldn't, SEC doesn't control bitcoin.

While the SEC does not control bitcoin, the impact of the BAKKT, has made many investors are entering the market, because otherwise have been increasing purchases? the volume in the Exchanges has increased considerably and there has been no sign of making a correction, I think and speculate that it may be for that reason.

Astargath

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Yes, the next bull run started a few months ago but it was definitely confirmed a few weeks ago and 2 days ago when we broke the monthly resistance. We are now on the way to change the monthly trend which is the only one left. We will then be in an uptrend on all time frames.

There are also other big clues like negative news not affecting bitcoin at all, in fact it went up last time we saw some bad SEC news, no one cares about it anymore and we shouldn't, SEC doesn't control bitcoin.

wxa7115

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Quote from: thefaucetrunner on May 26, 2019, 11:12:30 AM

i think the bull has not come yet, even we see the uprise trend for bitcoin price it is normal...and dont be surprise if we face down trend in the next future during 2019. the price will shows you stagnant no significant pump or dump. so patience are always has its own place among crypto holder, what i learned from bitcoin marlet trend, the bull will come in the beginning of 2020, and hopefully it will truly happened. long term investment are still recommended for crypto investor right now.

There are reasons to believe there is still a lot in store when it comes to the growth of bitcoin but I do not know how fast the price can keep going up, after all we already have reached a price above 8000 which is very good, it is true that it is far away from the all time high but at least this price is way better than what we have been seeing for months so even if this is not the bull market we want and it is only a correction I feel very good about it.

Personally I do not think we are going to see bitcoin surpassing its all time high until 2020 or 2021 so for all of those lamenting not getting bitcoin before this surge in the price they must know they still have plenty of time to get bitcoin.

LUCKMCFLY

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Well now there may be a slight rise with respect to bitcoin, since new investors have entered, These bitcoin hikes are due to many purchases and many sellers are with the price levels of $ 8k which means that it is very difficult for a correction of it to be made for now.

It is very likely that now the bitcoin although it is in a phase of accumulation continues to give some lateralizations and possibly begin to go up a little more.
If we take into account all the enthusiasts who are entering the bitcoin market, we can find out that there are fractions of bitcoin being bought 24 hours a day, some Strong Hands will always be buying when there is an offer available.

entebah

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Quote from: thefaucetrunner on May 26, 2019, 11:12:30 AM

i think the bull has not come yet, even we see the uprise trend for bitcoin price it is normal...and dont be surprise if we face down trend in the next future during 2019. the price will shows you stagnant no significant pump or dump. so patience are always has its own place among crypto holder, what i learned from bitcoin marlet trend, the bull will come in the beginning of 2020, and hopefully it will truly happened. long term investment are still recommended for crypto investor right now.

Yes, for now I will make a long-term investment, because the price of Bitcoin is still low, and what will happen in the future depends now, so we must take the opportunity now, for a good future. Because Bitcoin is predicted to be very expensive in the future.

thefaucetrunner

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i think the bull has not come yet, even we see the uprise trend for bitcoin price it is normal...and dont be surprise if we face down trend in the next future during 2019. the price will shows you stagnant no significant pump or dump. so patience are always has its own place among crypto holder, what i learned from bitcoin marlet trend, the bull will come in the beginning of 2020, and hopefully it will truly happened. long term investment are still recommended for crypto investor right now.

noormcs5

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Quote from: michellee on May 25, 2019, 01:14:00 AM

Quote from: Noojna on May 17, 2019, 01:06:51 PM

Quote from: michellee on May 17, 2019, 06:32:19 AM

We don't know if the next days will be the new bull run that will start because right now, we are down again. But that can happen if tomorrow, there is a good sign that appears in the market, and that will attract the price to increase. It doesn't matter if the price cannot increase fast because that will make suspicious and it's better to increase slowly, and in the next week, the price will touch the new higher price.

Well in the past few months we went from a BTC value of 3000$ all the way to 8200$; the market is catching its breath before the Bull resumes. The background outlook is very promising for BTC holders.

Yes, now, the bitcoin price was really increasing, and finally, we reach $8000 again, but there is a chance to see bitcoin price will go down for a small price. But we have a good opportunity to see bitcoin reach the highest price soon after this week and I hope that it will happen in the next week. The chart itself still showing the increase in the price so the price will be possible to increase more.

For the last few weeks we have seen an uptrend in bitcoin prices and the market cap has also increased to near 59% (it is now down to 56%), but this is not the official start of bitcoin bull rally. We had few incidents like binance hack, bitfinex tether fud which caused this price rise. The good thing is that the price is not dumped after the clearance of the above events.

Bitcoin needs to break the resistance at 9000$ and a physiological level of 10,000$ for the bull run to start.

Altero

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Quote from: sulendra12 on May 25, 2019, 06:04:23 PM

Quote from: Hypnosis00 on May 24, 2019, 06:09:15 PM

But for now, we are stuck in $7.8k- $8.1k for almost a month hopefully, we can move a few more steps towards $9k next week.

It's slowly moving, but hey! We don't know what would happen in this universe mate :^)

Quote from: Hypnosis00 on May 24, 2019, 06:09:15 PM

We've been waiting for this event for more than 1 year and we have some insights that bullish will take over the market this year.

If we are following with the trend what we have experienced in 2017, then surely at the end of this year it would be bigger than 2017 because of ATH and other stuff.

Crypto market stands strong even it struggles hard times last year and it is quite moving slow but at its continuous movement.
I really appreciate how the market works actually and with the help of our support, it makes things into possible. I never have some regrets of not selling my coins early last year cause I know it possible can be doubled this year. Keeping into positive will give us more courage and feel comfortable with the current market flows.

sulendra12

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Quote from: Hypnosis00 on May 24, 2019, 06:09:15 PM

But for now, we are stuck in $7.8k- $8.1k for almost a month hopefully, we can move a few more steps towards $9k next week.

It's slowly moving, but hey! We don't know what would happen in this universe mate :^)

Quote from: Hypnosis00 on May 24, 2019, 06:09:15 PM

We've been waiting for this event for more than 1 year and we have some insights that bullish will take over the market this year.

If we are following with the trend what we have experienced in 2017, then surely at the end of this year it would be bigger than 2017 because of ATH and other stuff.

michellee

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Quote from: Noojna on May 17, 2019, 01:06:51 PM

Quote from: michellee on May 17, 2019, 06:32:19 AM

We don't know if the next days will be the new bull run that will start because right now, we are down again. But that can happen if tomorrow, there is a good sign that appears in the market, and that will attract the price to increase. It doesn't matter if the price cannot increase fast because that will make suspicious and it's better to increase slowly, and in the next week, the price will touch the new higher price.

Well in the past few months we went from a BTC value of 3000$ all the way to 8200$; the market is catching its breath before the Bull resumes. The background outlook is very promising for BTC holders.

Yes, now, the bitcoin price was really increasing, and finally, we reach $8000 again, but there is a chance to see bitcoin price will go down for a small price. But we have a good opportunity to see bitcoin reach the highest price soon after this week and I hope that it will happen in the next week. The chart itself still showing the increase in the price so the price will be possible to increase more.

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Quote from: sulendra12 on May 24, 2019, 05:42:33 PM

Quote from: hahahafr on May 24, 2019, 04:41:59 PM

I believe the bull market has started but it is really going to take sometime before we see it rise real high like we saw back in 2017.

It's been started for like a week and we have been experienced a huge progress like more than 40% which is insane. Probably we might see 2017 stuff happen in this year.

Quote from: hahahafr on May 24, 2019, 04:41:59 PM

You can't really be certain when exactly the bull is going to ride so fast so the best thing to do is to invest into cryptocurrencies now.

To be precise, we can't predict when would that thing happened.

But for now, we are stuck in $7.8k- $8.1k for almost a month hopefully, we can move a few more steps towards $9k next week.
But anyway, it is good to see that prices increase even in slow but at least we've got something inspired and even get the courage to invest more in crypto. We've been waiting for this event for more than 1 year and we have some insights that bullish will take over the market this year.

sulendra12

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Quote from: hahahafr on May 24, 2019, 04:41:59 PM

I believe the bull market has started but it is really going to take sometime before we see it rise real high like we saw back in 2017.

It's been started for like a week and we have been experienced a huge progress like more than 40% which is insane. Probably we might see 2017 stuff happen in this year.

Quote from: hahahafr on May 24, 2019, 04:41:59 PM

You can't really be certain when exactly the bull is going to ride so fast so the best thing to do is to invest into cryptocurrencies now.

To be precise, we can't predict when would that thing happened.

hahahafr

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I believe the bull market has started but it is really going to take sometime before we see it rise real high like we saw back in 2017. You can't really be certain when exactly the bull is going to ride so fast so the best thing to do is to invest into cryptocurrencies now.

Netnox

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Quote from: AjithBtc on May 24, 2019, 07:46:55 AM

Today the price have crossed $8000, and expect the price to continue reaching $10000 or even higher. Weeks back itself the price increase have got initiated, but some price correction have taken place in between and once again we're experiencing some form of gradual growth. Price dumping and pumping is true with bitcoin and now it's time to hold for a bigger profiting.

There will be a lot of profit booking before we reach 10K. From what I have observed during the last 7 years, the vast majority of the Bitcoin users are either in their teens or in their 20s. They don't have the patience to hold their coins for 3-4 years and everyone wants to become super-rich in two weeks. So when the prices plateau out briefly, these people will start selling their coins and it will weaken the bull rally.

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Quote from: worle1bm on May 17, 2019, 12:23:21 PM

Quote from: bitcoinikdotcom on May 12, 2019, 06:06:46 AM

Bitcoin is now trading above $7200 and continue to rise from the last two months. Bitcoin is now trading above 50 and 100 weekly MA which is known as a bullish sign. The golden cross has already happened (daily 50 MA crosses 200 MA).

Bitcoin has 14 green weekly candles in the last 17 weeks.

Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.

Is the Bitcoin bull run started?

What are the main leading factors of this bull run?

The market once again seems to rise as the prices have surge towards $8000 but according to the news this is not the actual price rise but a normal pump due to increase in market cap with increase in investment. It might be the sharks who are once again manipulating the prices to make huge profits.So we must wait for the actual time to come soon.

I think this surge is something that might happen higher in the future, now the pump reaches over $ 8000 and maybe this will be one of the great achievements for the bitcoin bull run

AjithBtc

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Today the price have crossed $8000, and expect the price to continue reaching $10000 or even higher. Weeks back itself the price increase have got initiated, but some price correction have taken place in between and once again we're experiencing some form of gradual growth. Price dumping and pumping is true with bitcoin and now it's time to hold for a bigger profiting.

Topic: Is the Next Bitcoin Bull Run Started? (Read 1116 times)