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Topic: Return of the bull? - page 4. (Read 851 times)

full member
Activity: 966
Merit: 153
January 08, 2020, 02:12:05 PM
#50
Since the recent price increase in Bitcoin from 7k to 8k, many people have been attributing this pump to some bull. I really don't understand the perception towards this. Do we now believe that there won't be any price pump in the price of Bitcoin till some bull alters it? This perception is wrong, IMO.
Personally, all I see is price increase as a result of market interaction and activities. The market is not dead people.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
January 08, 2020, 02:11:57 PM
#49
I have been worried to see the movement in price in last few days but I understand the regular pull back at every pump before we see the sporadic movement in coming weeks to break the previous ATH. The market is still healthy and greed index is getting fair on the confidence to buy bitcoin. It is more of accumulation from same bitcoin maximalists that know the low is gone
hero member
Activity: 565
Merit: 501
S> Cheap SocialMedia Hype's
January 08, 2020, 02:00:48 PM
#48
Gold and Oil are getting more expensive, Bitcoin (was) is a nice option if you look back and the yearly trend on this period.
sr. member
Activity: 1344
Merit: 270
January 08, 2020, 01:33:19 PM
#47
Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.
Halving still three months later and too early when talking about bitcoin raise up to higher price because halving, but have one way why make bitcoin raise up to higher price today and why many people looks invested whit bitcoin as their investment assets and way to keep holding their money and increase whit higher price.
legendary
Activity: 2100
Merit: 1058
January 08, 2020, 10:43:28 AM
#46
I am not entirely sure there was a "excess demand", I can agree on the weak supply but this was "expected demand" for bitcoin, not like suddenly everyone was buying bitcoin left and right and there was a huge buy wall or something like that, none of that happened for bitcoin, however the sell pressure got lower and lower which meant there was less people who are willing to sell for 7k, and buyers just bought all of it when the sellers stopped, then there was people at 7.5k, 8k all bought up because there was less sellers.

Looks like that will continue for a while as well because people are not yet willing to sell at these prices, I suppose there is a common understanding right now that bitcoin worths more so there are only few traders that is left selling at these prices.
hero member
Activity: 1008
Merit: 501
January 08, 2020, 10:08:39 AM
#45
Yes, it can be the return of Bull run like the previous year! In 2019, Bitcoin price went nearly 14K USD, this year we can hit 15K USD within Q2! The crypto market environment is very positive at this moment! We may see more big jumps in the Bitcoin price very soon! I predicted Bitcoin price will cross 8K USD in January, but never thought it can happen even before 15th Jan!  
hero member
Activity: 644
Merit: 509
January 08, 2020, 09:19:14 AM
#44
It was funny how it was $6000 before the new year and now it above $8000.
Some people speculate it is the call of an incoming war on the horizon. But I just cant validate this being the reason why.
It was a sudden spike in a week just about the same time this happened. So it could be a correlation but I just dont see it.

The rise seems to happen due to the war tension between Iran and US and due to which many other Fiat currencies have also risen. The prices will continue to rise till the issues does not get resolve compeletely and settle down peacefully .

War should not happen, they need some peace talk to resolve the problem as many uses bitcoin to keep their assets to hide in traumatic war that may happen, that's why the price increase. It's sad that because of this war price increase happen, we wanted it in different way. In a peaceful adoption and acceptance of many countries.

and some people choose "gold" to save her money, we can see the price of gold rising and im sure will not down like bitcoin, because gold very unique asset, but for digital life and easily to use, bitcoin is the real best option to save our money.
sr. member
Activity: 1123
Merit: 253
January 08, 2020, 07:51:58 AM
#43
Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

There are a mixture of different reasons for sure. Halving is one of them for sure. It is also possible that the events turning out in the Middle Eastern region of the world have pushed some investors to shift into crypto. It is also possible that Bitcoin is bought more than sold right now.
legendary
Activity: 1316
Merit: 1145
January 08, 2020, 07:32:51 AM
#42
those are some of the other reasons bitcoin is pushing for a bullish market. I am interested in these 3 reasons that bitcoin will go up.
- it is possible that bitcoin has abandoned bearish patterns and movements.
- Halving is coming for the next few months.
- great news about bitcoin trading in iran. and conflict in Iran VS US.
hero member
Activity: 2954
Merit: 796
January 08, 2020, 07:27:56 AM
#41
It was funny how it was $6000 before the new year and now it above $8000.
Some people speculate it is the call of an incoming war on the horizon. But I just cant validate this being the reason why.
It was a sudden spike in a week just about the same time this happened. So it could be a correlation but I just dont see it.

The rise seems to happen due to the war tension between Iran and US and due to which many other Fiat currencies have also risen. The prices will continue to rise till the issues does not get resolve compeletely and settle down peacefully .

War should not happen, they need some peace talk to resolve the problem as many uses bitcoin to keep their assets to hide in traumatic war that may happen, that's why the price increase. It's sad that because of this war price increase happen, we wanted it in different way. In a peaceful adoption and acceptance of many countries.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
January 08, 2020, 07:20:00 AM
#40
Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.
He’s tired on a lower level and now bitcoin is slowly moving for a better price. Real cause can’t be known, but its good for bitcoin to go up despite of the situation of world economy. 5months before the halving and maybe its the reason, but let’s not conclude yet and wait for the peak of this up trend. Don’t sold your bitcoin yet we can still see bitcoin on a 5 digits again this month.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
January 08, 2020, 06:37:28 AM
#39
no one knows the exact reason, maybe it has something to do with the news that is happening, maybe because it's approaching "bitcoin halving" but without it all in bitcoin technical analysis also began to show a positive trend, hopefully this is a good start for bitcoin.
Today Bitcoin prices indeed show a significant price increase, Many believe that this is because of the conflict between Iran and US where Iran has fired dozens of missiles at US military bases as revenge. But I see this only as the beginning of price increases ahead of Halving Bitcoin.
Possibilities are always there but remember to do a good research before jumping into conclusion. There's some good run and if you made it in a perfect timing you'll be able to catch up the right profitable position. This can be a good start for this year to bring bull into reality.
sr. member
Activity: 1512
Merit: 316
January 08, 2020, 06:26:32 AM
#38
It was funny how it was $6000 before the new year and now it above $8000.
Some people speculate it is the call of an incoming war on the horizon. But I just cant validate this being the reason why.
It was a sudden spike in a week just about the same time this happened. So it could be a correlation but I just dont see it.

The rise seems to happen due to the war tension between Iran and US and due to which many other Fiat currencies have also risen. The prices will continue to rise till the issues does not get resolve compeletely and settle down peacefully .
hero member
Activity: 938
Merit: 501
January 08, 2020, 06:15:47 AM
#37
Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.
Certainly the main reason Bitcoin has been rising over the past few days is the political situation of the US and Iran. Tensions have increased today as Iran has launched retaliation. I believe that in the next few days Bitcoin price will quickly rise above $ 10,000 if the conflict is not resolved. Bitcoin will most likely reach ATH much sooner than expected because of this conflict. Buying bitcoin is now the most appropriate time and waiting for the profits to come to us
hero member
Activity: 746
Merit: 502
Looking for advertising deal
January 08, 2020, 05:46:53 AM
#36
Halving will not have an effect on prices until a few months after it occurs. Miners need to capitulate (hold in this case) and stop the inflow of BTC to the market for prices to go up. Most people will not do that as they have bills to be paid and it can not wait. Price going up right now is simply a FOMO and the way for people to profit from the shorting opportunities that present themselves like here and now. It is all speculation on our minds lol. There is no reason for btc to grow up now and it will not get past 9k until late of 2020.
legendary
Activity: 1806
Merit: 1521
January 08, 2020, 04:02:14 AM
#35
Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

I've been saying since the low $7Ks.....this is the most bullish price action I've seen in months. No point coming up with a reason; let's just call it "excess demand overtaking weak supply."

There is still a shitload of resistance to get through (the 20-week MA for starters) so I don't want to jinx it. But it definitely feels like the bottom is in. The bearish sentiment of the past 2 months is panning out: all those bears are starting to buy back.

Once the market pushes towards $10K and starts holding above the long term MAs, I'll be more comfortable declaring a mid-term bull market.
hero member
Activity: 1442
Merit: 510
January 08, 2020, 04:02:06 AM
#34
no one knows the exact reason, maybe it has something to do with the news that is happening, maybe because it's approaching "bitcoin halving" but without it all in bitcoin technical analysis also began to show a positive trend, hopefully this is a good start for bitcoin.
Today Bitcoin prices indeed show a significant price increase, Many believe that this is because of the conflict between Iran and US where Iran has fired dozens of missiles at US military bases as revenge. But I see this only as the beginning of price increases ahead of Halving Bitcoin.
sr. member
Activity: 1400
Merit: 259
January 08, 2020, 03:48:39 AM
#33
Could be one of the good reason.
I saw a thread in some discussion about FOMO's getting back.
Yes, they might be here by now.
Seeing a good bull of $1k, those fomos might be already in the shadows lurking to buy any time.
Maybe even with just a little dump they will take it as already a cheap price. It is difficult though to find more reasons about this.
sr. member
Activity: 826
Merit: 252
January 08, 2020, 03:19:32 AM
#32
I don't see it as good sign for buy back or replace money in investment program. My opinion, this is only correction. Some people make bait to persuade people enter market and take their money in second. Need more significant movement and if just 2% - 7% is nothing, don't follow it. We need to see the different between real and fake movement. Be patient, stay calm and next week will be our time for buy back.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
January 08, 2020, 02:30:09 AM
#31
Not the Jedi?  Grin

Yeah, the halving could be one of the most reason when we try to figure it out.
Why? Because not much events are happening right now except for the Iran-US fight.
I guess that will not really shaken the financial market.

So yes, because there is not much option for now. The halving it is and the FOMO.
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