Is the Next Bitcoin Bull Run Started? - page 3.

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newbie

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First time in 3 years I have no opinion if it is a really good time to buy Bitcoin now. However, I am quite sure that the recent surge in price is driven by institutions rather than retailers, that's for sure. However, with Bitcoin dropping from 8250 USD to 8000 USD while market cap surges from 234b to 244b clearly confirms the altcoin season is ON.

Some positive sentiments going on currently that could impact prices even more:

Bakkt is forced to launch fast because once Fidelity strikes with full power Bakkt's clients can lose the chance to buy cheaper because Fidelity's clients have the full ability to buy them all (Bitcoins) thus meaning that Bakkt clients won't get a good entry price anymore. This is really very possible. Competition work like a catalyst. Brilliant.
Cryptocurrency space is evolving at an incredible pace: Regulations, sandboxes, AML compliances, KYC upgrades - the ecosystem is accelerating like crazy. Cryptos are being more and more recognized by the government, huge companies, high volume investors and Millenials (25-34 years old people). Guess do the children of the crypto Millenials will know the "BITOINZ"? I bet better than their mom's name.
Financial order had to change eventually. And it is already changing. Paper money is not a solution anymore. Printing money, inflation - it is now possible for these things to be the history soon.
Blockchain will improve everything - life, credibility within the transacting sides, transparency, will eliminate money laundering by banks and more. Blockchain is the revolution, as a total revolution. And bitcoin is the father.
Digital payments are booming and the ability to lend money with crypto as a collateral is a freedom. Crypto lending will boom soon. Will thrive. New money inflows, companies will invest. Blah blah blah.

Ok, I'm out. Damn these "BITCOINZ" are GOOD.

gangem07

full member

Activity: 598

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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?

I guess it's a positive sign that bitcoin will rise again this year and maybe this time much higher than the last two years in 2017 because of the huge amount of volume of demand in the market.

CBANX Ltd.

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With the rising Bitcoin price portrayed that Bitcoin's good year is getting even better and after Golden cross Bitcoin is becoming increasingly attractive.

valta4065

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off course the bull markets have started for this year. Last year in 2017, bitcoins were at a all time high price but it did not just stop bitcoins there and even after having a large dump after the 2017 bull markets, bitcoins are here into another bull markets ready to show us the all new all time high price.

Comparatively more peoples would contribute towards these bull runs as compared to last time. Also majority of the peoples would have profits in these bull runs.

ufaiz50

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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?

I am also surprised even when bad news like binance loses 7k bitcoin in my opinion there will be a decline in the market, from what I might some issues regarding some large social media will make the digital currency itself, this information is still not valid.

TheKeyLongThumbI

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Yes, indeed. There is no stopping now for the btc. This is year is just a preparation for the all time high next year so I'm expecting this to continue for more than 12 months so we can hit above $20k and the mindset of people that the halving means btc is much more scarce is huge catalyst.

Chikito

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

What are the main leading factors of this bull run?

Just curious newbie want to know bitcoin are still main factor to start bottom right now, some massive news about bitcoin as good payment make new people become into us and bought bitcoin for future investment. Nothing else i things

jonaire99

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Bitcoin started its rally at the early of april by breaking $5000 and reaching $8000 at this moment. These continuing price upsurge of bitcoin confirmed that a bullrun is already happening and some analysts predicted that another all-time high might happen next year if the rally continues. There are some indications that this bullish rally will continue because of some positive development like the consensus2019 and the possible approval of bakkt.

mich

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To me I think as long as their are green candles and such then this is the next big bull run
Wait until there is a correction and you lose some money then you will know the run is over

alina345

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Hello =)

I sure hope so. Bitcoin is above $8,000 as we speak. I think it has a real possibility to cement itself over $10,000 by the end of the year. The price of Bitcoin can really only go up as investors are putting it into their IRAs and businesses are using it in their applications. I think the abundance of developers in Blockchain also adds to the allure of Bitcoin as a public crypto asset.

MFahad

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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?

Yeah, it is sudden to see bitcoin price rise, and after hacking Binance, still the price of bitcoin is continue, and now without 2 days, bitcoin has reached above $8000, so to see it i could say, this period will be continue of bitcoin bull run.

DreamStage

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Quote from: aprilnot on May 15, 2019, 04:47:27 PM

why is everyone too focused on bullrun. every time there is an increase in prices, it is always associated with bullrun. isn't this still too early for bullrun to say.

prices may be good now, but the market just starting to improve. even so there is still a possibility that the market is falling.

Price might fall again if there's some direct attemptive negativeness impossed on the buyers and sellers.
Bull Run is certainly happening right now even if it's on a small scale vs historical bull runs that happen for Bitcoin.
You can feel the increase on +$2.000 for the past month:

samcrypto

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Quote from: hashman on May 15, 2019, 01:48:46 PM

Everyone is waiting for another bull season. Apparently, it seems like there are very strong signals for the new bullrun. But still, no one can be sure if the price will keep growing.

There’s no assurance but I’m confident that this is not a bull trap, we still need to wait for more good news to see if the bull run is here. Bitcoin is a coin that you can rely on even if the market dumps so don’t worry if this is not a bull run because in the right time, expensive bitcoin will appear in the cryptomarket.

Gi01

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The bull run of 2019 has already started for about some weeks now. Comparing the price of Bitcoin in the early part of April and now, there has been a massive increase in its market value which is the sign showing that the crypto space is in the bull run. But the bull run of 2019 will not be the same as what happened in the late part of 2017. Now is the time to take advantage of the current state of the market and maximize your profit earnings.

BlackFor3st

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Yes, the next bull run is starting but we are still in early stage which is a good chance for us to store more bitcoin and earn a good amount of profit in the following months especially that the bitcoin price is continuing to move upward.

Though I have only one idea why it's price continue to grow even though the fud are spreading and there is also an attack from binance exchange. One thing is only in my mind, the big whales are behind this climb of price so let's follow the market and earn some good profit.

DreamStage

sr. member

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Quote from: Ailmand on May 15, 2019, 02:05:19 PM

It's hard to conclude that we're on the bull run period because the market has just started recovering. We are way far from the value of bitcoin last bull run but I believe that it could go more than what it reached last time. Let's wait for the possible changes that are yet to come. If it reacher $10k that fast then we could say that we're on the bull run period.

You can surely refer this new price increase as a small (initial) bull run, even the news are talking about it.
Each bull run starts with a small price rise according with historical price increases.
It's just a matter of time while new investors become the best buyers which will make price increase way more faster then currently. Let's wait and see what the new buyers bring us.

thankyoulord

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I think the bull run has started though its going to be a slow one but then we will see bitcoin continue to rise on a steady growth until it overcomes its last peak. well lets just chill and watch events unfold

consello

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Bitcoin price is going up really fast. Maybe this is the good one.

creeps

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Quote from: aprilnot on May 15, 2019, 04:47:27 PM

why is everyone too focused on bullrun. every time there is an increase in prices, it is always associated with bullrun. isn't this still too early for bullrun to say.

prices may be good now, but the market just starting to improve. even so there is still a possibility that the market is falling.

That’s normal for every pump, they are too focused because of many reason and the best reason maybe they’ve lost much money on a bear market that’s why they keep on tracking the market to confirm if the bull has come. Dumping is still here, whales can still dump the market we have to make strategies, we should be ready on every possibilities.

aprilnot

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why is everyone too focused on bullrun. every time there is an increase in prices, it is always associated with bullrun. isn't this still too early for bullrun to say.

prices may be good now, but the market just starting to improve. even so there is still a possibility that the market is falling.

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