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Topic: Return of the bull? - page 5. (Read 833 times)

hero member
Activity: 2912
Merit: 556
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January 08, 2020, 01:59:51 AM
#30
Perhaps, these situations can attract bitcoin to get the bull run to appear to us, so we will see bitcoin price can start to increase more than the price now. Besides having a pump yesterday and today, bitcoin price trend still going to go up, and we might see another high price soon. We still need to be careful on this day, although we have a good trend to see a bitcoin price increase. We don't know what will happen later. If the price can break $8500, then I guess that will be a good time for bitcoin to rise and break another higher price.
sr. member
Activity: 924
Merit: 275
January 07, 2020, 09:40:20 PM
#29
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.

It's a sign but we still need a few days to weeks before we can confirm that we are at the beginning of the bull run, nothing is confirmatory here, everything still is, speculation, there is speculation of Iran events as the event that move the price of Bitcoin, others are saying it's the halving, we'll have to see if these two are the factors or just anyone of it or another info or events.
There is a sign but the confirmation is still what we need. As long as the price will hold to its support then the bullish trend will come. A lot of articles and opinions in the forum about the bullish market that may come, there are now people got hyped to the price but we still need confirmation in the chart. We should only make a move if we fully understand the price action and it is better to not depend to the other people's opinions.
hero member
Activity: 3010
Merit: 629
January 07, 2020, 09:15:13 PM
#28
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.
This could be because of the halving. Investors are buying additional bitcoin to hold before the halving occur because they believe it has a positive impact to the price of btc that can lead to bull run.

Well we cant really say the real reason and whatever it is I dont mind as long as btc is showing improvement.
sr. member
Activity: 812
Merit: 257
January 07, 2020, 07:44:05 PM
#27
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.
sr. member
Activity: 1330
Merit: 326
January 07, 2020, 07:02:55 PM
#26
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.

No one really know what could be the reason of the small pump that is happening. But IMO, it was because of the supply and demand in the market. If you can see market situation, a demand for btc is higher and the supply is currently lessen that is why the small bull run performed.

I am positive that it can slowly recovered and back into $10-12k. I can smell some bulls with upcoming weeks.
legendary
Activity: 3416
Merit: 1225
January 07, 2020, 05:46:03 PM
#25
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.

It's a sign but we still need a few days to weeks before we can confirm that we are at the beginning of the bull run, nothing is confirmatory here, everything still is, speculation, there is speculation of Iran events as the event that move the price of Bitcoin, others are saying it's the halving, we'll have to see if these two are the factors or just anyone of it or another info or events.
legendary
Activity: 3486
Merit: 1055
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January 07, 2020, 05:33:02 PM
#24
The bull's return or not I'm just passionate about the pump that happened recently, because with the pump that happened at least we can make a conclusion if this year will be a good year for price growth in the crypto market. Indeed, it is still very possible for prices to fall again because maybe this is a trap or just a temporary pump, but at least with the events that will happen later I believe prices will continue to increase consistently.
legendary
Activity: 2912
Merit: 1068
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January 07, 2020, 05:08:00 PM
#23
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.

Actualy it's not funny, that is how Bitcoin is functioning. Price can change very quickly and sometimes that surprises us because we are not prepared.
However, I wouldn't draw conclusions too early about recent price pump. It's yet to see if this is just temporary price pump or some growth that will last longer period of tiime and bring us some significant positive price change.
hero member
Activity: 2660
Merit: 551
January 07, 2020, 04:12:32 PM
#22
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.

We really don't know the exact reason for the current surge of the price. But I wouldn't be too complacent with the current push, I don't think that the bulls are back in town. Maybe some whales are behind all of this pump, maybe crypto investors are back, we really can't say for now. If we continue and trigger a growth to 5 digit then it's good. Otherwise we might see a pullback again to $6900 range. So let's see how it will move up to the end of the week.
legendary
Activity: 2828
Merit: 1497
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January 07, 2020, 03:54:23 PM
#21
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.
sr. member
Activity: 1050
Merit: 251
January 07, 2020, 03:36:05 PM
#20
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.


It this will be consistent and successive every month, that possible for bitcoin to soar faster and experience another bullrun. Beforehand, accumulating our bitcoin balances is very important ways to expect more profit in right time. For now, just stay within control while it's not yet happening and don't expect beyond normal impression.
sr. member
Activity: 939
Merit: 256
January 07, 2020, 01:03:11 PM
#19
As far as I know, the rise in bitcoin is due to the tension between the US and Iran. The people of Iran fear a war and they are looking for an alternative coin to store their assets, and for the moment bitoin is the best choice.
Many sources indicate that in Iran bitcoin has exceeded $ 20,000.
legendary
Activity: 2282
Merit: 1041
January 07, 2020, 12:45:48 PM
#18
There is no news that can bring this pump up except the digital currencies that were pushed by some countries like China's Digital Yuan. CZ should be tweeting something. He use to be doing it every time there is unexpected events but why is he silent about these pumps?  I'm optimistic though so I'm hoping the bulls are rallying before halving starts.
hero member
Activity: 1078
Merit: 504
January 07, 2020, 12:44:54 PM
#17
The support and volume which BTC getting is really good. We all are hoping for a bull run in not only BTC but also alts. People are holding lots of alts from long time now. A major bull run like 2017, will bring in allot of members back into crypto and even good projects may think of something to gear up their projects.
sr. member
Activity: 1120
Merit: 255
January 07, 2020, 12:39:53 PM
#16
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.
We will have a bull run but not like 2017 that was a blow off bubble. We can have a slow steady increase for years then eventually another FOMO rally and bubble again. Huge price spikes are not the only indicators of bull markets. Several years of smaller, but consistent annual growth is a bull market. Could be 2 years could be less. It may not be as exciting, but these bubbles aren't benefiting anyone except for those lucky enough to time the top and those manipulating the price in the first place.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
January 07, 2020, 12:27:18 PM
#15
The bulls are presenting some healthy signs of life to be sincere, but they have a long way to travel and the road is full of bears. Personally I wouldn't get a bullish bias until we don't break the $9600-$10,000 area. Until then we are still under heavy selling pressure. The halvening is incoming and people might be accumulating in anticipation of this, but some academicians says that everything is priced in and that the markets are efficient.

If you wanna be on the "safer" side always play with the trend.
hero member
Activity: 1386
Merit: 503
January 07, 2020, 12:11:56 PM
#14
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.
maybe yes and maybe not yet. from last year was also the same as this when prices went up many people would have thought "bulls has come" but it was a lie. it's hard to predict, even though there are already signs, but we can't be sure of all that. for example after the current price rises, it could be tomorrow or next month suddenly the price of bitcoin drops sharply before halving happen.
my advice is better, just follow the market right now, take the opportunity to get profit by trading.
sr. member
Activity: 812
Merit: 262
January 07, 2020, 11:54:19 AM
#13
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 am assuming maybe the reason behind this is Iran because oil and gold also increase it's price in the past few weeks, that is why a lot of people are predicting if the war in Iran will start, bitcoin might move up to all time high. But i think we should not expect bitcoin will continue to increased it's price because it is still just a prediction.
legendary
Activity: 2590
Merit: 1882
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January 07, 2020, 11:47:03 AM
#12
~snip~

It is still time to wait, there are good movements in bullish trend, but it is short term, many analysts have predicted this movement, which would be a rather aggressive movement, I think we still have to see it, at least for me, when it is above $ 9 k could start speculating more safely.

This movement is good, there is still more demand in the market, the supply is superior for now. The Halving may not have much to do, but they are making moves to cause more reliability in the market and that the castles do not fall in the air of the people, as Burton says in his book of "A random walk through Wall Street "
sr. member
Activity: 1848
Merit: 341
Duelbits.com
January 07, 2020, 11:40:19 AM
#11
Surely this is also the reason why prices are rising so quietly and surprisingly, even though this is only an increase of around $ 500, it feels like we are already in the bullrun because it's astonished is this perhaps the beginning of halving?
Is it also possible that this whale manipulation is now rising in an instant and then lowering it again so that many new investors enter?
We believe that this increase will bring positive going forward because the indicators have started to move in the right direction.
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