Is the Next Bitcoin Bull Run Started? - page 5.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: talkbitcoin on May 12, 2019, 06:22:48 AM

obviously!
all the FUD about Bitfinex and the hack of Binance have been huge negative forces that actually pushed the price down but the reason why price didn't go down was because of the much stronger buy force that acted against that push and crushed it.
a good lesson for all those who tend to keep going against the market and get crushed.

Yeah I think so, but the market actually increases, really the market is sometimes unpredictable and beyond our logically. when many people are shocked and saddened by the news of hacking, prices are skyrocketing.

it could be that price development is more stronger than the influence of binance news, or maybe the effect will come later. but I think the bull run is getting closer rather than down

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: dameh2100 on May 12, 2019, 09:58:03 PM

Quote from: Youghoor on May 12, 2019, 04:33:52 PM

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

What are the main leading factors of this bull run?

Looking at the rate at which Bitcoin's price is increasing, there are no specific factors we can pin point to be the cause of this raise in the market value of price. We can somehow say that the bull run of Bitcoin and crypto market has commenced but investors should just invest wisely. I don't really thing the crypto market is really stable for a bull run, the prices can just drop at any time.

Maybe the factors of this uptrend is the upcoming Consensus Conference this day. The people are FOMOed that maybe there are big news that will come after the Consensus. And the other one is the Institutional Investor will come to the market because of fidelity.

Those factors most of the times created tensions in buy entry, those fomo's who seen good uptrend movements are working it hard to catch and ride the train, they creating most buy entry and brings the hype, taking every opportunities that they can get out from the market.

The next bull is really showing how future will be, we are witnessing good outcome and will be much bigger than that.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Wait until tomorrow and let's see on how this market will react after Binance announced that they will open deposits and withdrawals by that time.

https://www.coindesk.com/hacked-crypto-exchange-binance-to-resume-deposits-and-withdrawals-on-tuesday
https://ambcrypto.com/binance-updates-dates-for-resuming-deposit-and-withdrawals-on-the-exchange-after-recent-hack/

Ray55

jr. member

Activity: 162

Merit: 3

Free Crypto in Stake.com Telegram t.me/StakeCasino

Until it goes for a few days, it is very difficult to say that Bitcoin can not afford to keep the price. But I think Bitcoin progress has started. And I also think that there is going to be something new in the Cryptocurrency World before the end of this year. Perhaps the cost of bitcoin will increase

dameh2100

full member

Activity: 280

Merit: 102

Quote from: Youghoor on May 12, 2019, 04:33:52 PM

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

What are the main leading factors of this bull run?

Looking at the rate at which Bitcoin's price is increasing, there are no specific factors we can pin point to be the cause of this raise in the market value of price. We can somehow say that the bull run of Bitcoin and crypto market has commenced but investors should just invest wisely. I don't really thing the crypto market is really stable for a bull run, the prices can just drop at any time.

Maybe the factors of this uptrend is the upcoming Consensus Conference this day. The people are FOMOed that maybe there are big news that will come after the Consensus. And the other one is the Institutional Investor will come to the market because of fidelity.

marycrazy08

jr. member

Activity: 83

Merit: 1

Peace and love

Quote from: seoincorporation on May 12, 2019, 09:14:28 PM

I think he hast started some months ago, when it was at $3500, after that the price only moves one way, so, we can be sure we are on the run but the question now is how up it will go now? Make your predictions guys. Wink

I dont think it started months ago, for me I believed it started when the price crossed the 200 day moving average. This is major indicator even for forex and stocks. I think it happend first week of April. Although i still think we need further price corrections to around 5800

pooya87

legendary

Activity: 3472

Merit: 10611

the real start of the bull run was last year when everyone agreed that price has reached the bottom at $6k and have been accumulating then the wide scale manipulation occurred out of nowhere and it was postponed for a couple of months and now we are back on track. but if you ignore that part then you can take the previous couple of months and the fact that price has been rising consistently from $3100 ever since it was hit and that second accumulation started.

exchangestolemycoins

jr. member

Activity: 56

Merit: 1

Anything is possible, but sharp increases in price without much warning are usually followed by... sharp decreases in price.

seoincorporation

legendary

Activity: 3346

Merit: 3125

I think he hast started some months ago, when it was at $3500, after that the price only moves one way, so, we can be sure we are on the run but the question now is how up it will go now? Make your predictions guys. Wink

Wingo

full member

Activity: 686

Merit: 107

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?

We cannot really tell, this can just be a price correction. There are plenty of happenings in the crypto market lately, mostly negative news like the Binance security breach. The price pumped high and also dumped fast in the last 24 hours. I cannot find any reason to tell exactly that this is a bull run, and it is very far from half of its peak price in 2017, there is a very long way to go.

Nasty23

full member

Activity: 736

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

Quote from: crzy on May 12, 2019, 05:45:40 PM

Quote from: bitcoin31 on May 12, 2019, 11:29:40 AM

As I think bull run started but now the price starting again decreasing from the highest value of $7500 this day now the current value is around $6850-$6950 which is still good and Im not see any bad from that value. Not sure why the price dump again but I'll make sure to us we are on the bull run.

That is just a small correction but we are still on a bull market right now and I will expect for the price of bitcoin to hit $8k this May. This bull run gives so much hope for everyone, it is nice to be back and if bitcoin continue to move upward, its possible to have a new peak again this year, let’s cross our fingers for this hope.

Yes, this bull run gives so much hope for everyone to go back again in Bitcoin and invest on it on which can help to increase it's demand to make it possible for mass adoption that can help everyone to change their financial status in life.

crzy

full member

Activity: 2128

Merit: 180

Quote from: bitcoin31 on May 12, 2019, 11:29:40 AM

As I think bull run started but now the price starting again decreasing from the highest value of $7500 this day now the current value is around $6850-$6950 which is still good and Im not see any bad from that value. Not sure why the price dump again but I'll make sure to us we are on the bull run.

That is just a small correction but we are still on a bull market right now and I will expect for the price of bitcoin to hit $8k this May. This bull run gives so much hope for everyone, it is nice to be back and if bitcoin continue to move upward, its possible to have a new peak again this year, let’s cross our fingers for this hope.

hulla

hero member

Activity: 1834

Merit: 566

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?

We shouldn't conclude now because of the market trend since it not working days. However, the bullish market is yet to start but it seems like we are currently experiencing a partial bullish market because alot of investors chooses to buy and more Bitcoin now since we are going to experience halving in the next 12months.

Youghoor

sr. member

Activity: 1036

Merit: 275

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

What are the main leading factors of this bull run?

Looking at the rate at which Bitcoin's price is increasing, there are no specific factors we can pin point to be the cause of this raise in the market value of price. We can somehow say that the bull run of Bitcoin and crypto market has commenced but investors should just invest wisely. I don't really thing the crypto market is really stable for a bull run, the prices can just drop at any time.

kotajikikox

full member

Activity: 2548

Merit: 217

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?

Great analysis bro. Very amaze and full of surprise this recent week from slow and smooth moving of their price last few week now is preety faster invreasingle I think we need to grab this opportunity to make.profits after year of suffering because of the bear market.

sushil7045

newbie

Activity: 32

Merit: 0

no , i dont think this is start of bull run. I see this market highly manipulated as of now. This sudden price jump is not because of retailer buying . This is because of big whales buying. I am expecting a correction in next few weeks, then btc can stabilize and can see good pump in altcoin. We can see bull run between dec 2019 - dec 2020 , DYOR

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

This seems like the start of a bull run because bitcoin price has doubled now in the last few months and we've been waiting for this to happen almost 2 years. Time has come and bitcoin is ready to get back strong and move over 10.000$ soon. So far the price has gone only up and didn't had major dumps and that's a good sign but let's not get happy to soon because the same way the price gone up it could also go down.

Ressurection

copper member

Activity: 68

Merit: 3

I don't think the bull run has started folks as right now the market has seen some a correctino to about $6800. It would trend within this level for a while before it starts to rise again. So many investors are selling some actually to cut down their loss since the last bull run but i am still holding my few bitcons until we hit above $10k.

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: ljane on May 12, 2019, 03:38:41 PM

For now I can smell the bull run on it's way because of how the market is moving. If this is really the bull run then I think BTC will cross $20K this year and all those who loosed in last year's will grab their wins.

If we believe that this is a sign of a bull run then we must continue to hold bitcoin firmly until we are quite satisfied with the profits we get. But of course, there will be risks that we must be prepared to bear because no one knows what will happen in the next few days or weeks. But at least we have a belief.

Cuk0ng_bitc0in

member

Activity: 188

Merit: 17

yes. generally. BTC shows the golden path. I prefer to call this bullish slowly. yes. the bull run has begun. but not like 2017. BTC still has problems to improve its reputation to attract investors. There is no specific reason for today's bullish BTC. but I see that the purchase history of BTC is greater than BTC hacking in Binance.

Topic: Is the Next Bitcoin Bull Run Started? - page 5. (Read 1116 times)