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Topic: RIP Bull Market - page 3. (Read 1104 times)

legendary
Activity: 2688
Merit: 13334
BTC + Crossfit, living life.
February 28, 2019, 05:30:56 AM
Just recently there is a series of higher lows which is fairly bullish action, not a massive rise but so long as the trend continues it is actually gaining and accumulating in value with lots of noise in between


It looks like second half of 2015, or even first half of 2016.

If we compare the two cycles, we see the price had risen from around $1200 in 2013 to a near 20k top in 2017. This is like 20x more.

If the same pattern is to repeat itself, we would see something between 300 and 400k as a ATH at the end of 2021, but to arrive at that price, the rise needs to be faster than in the previous cycle. This would prompt a earlier reversal, as compared to 2015, because we still need to recover the 8-12k range, before going to a bull market.

We still need confirmation of the pattern, though. Maybe in two weeks we will see more clearly where it is leading.

I'm signing up for the 300k per BTC Cool

sign me up as well Smiley
member
Activity: 574
Merit: 14
February 28, 2019, 04:30:57 AM
It did, another pump and dump episode,manipulation by the rich few.I  see a situation where we will have another major deep by the wall street guys that will caise many to give up hope on crypto,that will be the time for them to accumulate as much bitcoins as they can,and when they do,they will pressure the government for some legislation approval and then we will eventually have the bull run.No doubt big institutions have interest in cryptos and they will use it for their own interest.Good thing is we still have a relatively good trade volume
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 28, 2019, 04:24:46 AM
Looks like it all ended in one trade.
probably it's not yet ready to surge more reason why it ended immediatly. But in my view on this up coming march there will be another bump of price again .because for sure btc now is gaining strength for a new jump ( like what always happen even before after the fluctuation which is there's always a new stage. )  But i hope it didn't end again in one trade if that time happened.

We're still at less than $4000 but the chance to break $4000 again wide open as I see at the chart, the trend trying to moves higher. I hope that in the next week, we can get a new stage which means we can increase to $4000.

If:
Code:
400k as an ATH at the end of 2021

Really happen in 2021, then we still need to wait 2 years more before we can see it is increasing in that number. We need to prepare by buying as much bitcoin we can to sell at that price.

I am sure many of us want to wait for 2 years again because they can make a lot of money at that time (if this will happen). Let see what will happen in 2 years later.
sr. member
Activity: 2016
Merit: 283
February 28, 2019, 03:30:33 AM
Looks like it all ended in one trade.
probably it's not yet ready to surge more reason why it ended immediatly. But in my view on this up coming march there will be another bump of price again .because for sure btc now is gaining strength for a new jump ( like what always happen even before after the fluctuation which is there's always a new stage. )  But i hope it didn't end again in one trade if that time happened.
hero member
Activity: 2996
Merit: 609
February 27, 2019, 02:59:40 PM
Just recently there is a series of higher lows which is fairly bullish action, not a massive rise but so long as the trend continues it is actually gaining and accumulating in value with lots of noise in between


It looks like second half of 2015, or even first half of 2016.

If we compare the two cycles, we see the price had risen from around $1200 in 2013 to a near 20k top in 2017. This is like 20x more.

If the same pattern is to repeat itself, we would see something between 300 and 400k as a ATH at the end of 2021, but to arrive at that price, the rise needs to be faster than in the previous cycle. This would prompt a earlier reversal, as compared to 2015, because we still need to recover the 8-12k range, before going to a bull market.

We still need confirmation of the pattern, though. Maybe in two weeks we will see more clearly where it is leading.

I'm signing up for the 300k per BTC Cool
I'm signing up too for 740k usd.  Cheesy

https://www.ccn.com/china-crypto-bitcoin-price-20000-percent
STT
legendary
Activity: 4102
Merit: 1454
February 27, 2019, 02:39:19 PM
So if that trend follows again we might face more price fell in the coming days right.


Well the point would be what is the major and what is the minor trend occurring here.   I was really saying each low has been higher so yea, nothing too bullish but its not as big a risk to just observe if it holds that low as a minimum for now.    I dont know it'll do that but it could

Quote
400k as a ATH at the end of 2021

Well that'd be jumping the gun tbh.   We have some bullish action and its just days, you want to launch a rocket you got to build the framework first to fire it stably.    I really dont expect a repeat of the past to occur in future, I dont see markets run that simply.

Lots of twists and turns in the road ahead
hero member
Activity: 1092
Merit: 523
February 27, 2019, 11:40:16 AM
It is highly disingenuous to think bitcoin either had a bull run and it is now gone because of one trade. I am sorry but we didn't had a "bull" run, it was just a short spike that we always have and nothing surprising, even during the 2018 year bear run you can see multiple times price moving in between 6.5 thousand dollars and 7.2 thousand dollars even as far as reaching 8 thousand dollars at one time, that is double what it is today, did it went any higher? no, it stayed and dropped again and again.

It means just because we have little spikes that go up doesn't mean it is a bull run at all. Price can always go higher and lower, there is absolutely nothing that stops it from doing that and people who are discouraged from just couple of moves in bitcoin price should be in such a volatile market.
hero member
Activity: 784
Merit: 502
February 27, 2019, 11:24:55 AM
Just recently there is a series of higher lows which is fairly bullish action, not a massive rise but so long as the trend continues it is actually gaining and accumulating in value with lots of noise in between

So mid December, early Feb low and recently that sell was a decent series.   It can break of course but its worth mentioning its a regular trend of higher low prices
So if that trend follows again we might face more price fell in the coming days right.

People need to stop speculating about the bull market right now which makes the some investors to dump their coins when they see considerable price increase which cause all the recovery process come to an end in few minutes.
member
Activity: 280
Merit: 12
February 27, 2019, 10:58:08 AM
We have not experienced any signs of bull run so far, as far I concern is the market atleast need to be in a descent price. yes we are still in a bearish market and most probably there is no possibilities of a bull run so soon. Yes there are chances to happen by the end of the year.
legendary
Activity: 1652
Merit: 1265
February 27, 2019, 10:34:43 AM
Just recently there is a series of higher lows which is fairly bullish action, not a massive rise but so long as the trend continues it is actually gaining and accumulating in value with lots of noise in between


It looks like second half of 2015, or even first half of 2016.

If we compare the two cycles, we see the price had risen from around $1200 in 2013 to a near 20k top in 2017. This is like 20x more.

If the same pattern is to repeat itself, we would see something between 300 and 400k as a ATH at the end of 2021, but to arrive at that price, the rise needs to be faster than in the previous cycle. This would prompt a earlier reversal, as compared to 2015, because we still need to recover the 8-12k range, before going to a bull market.

We still need confirmation of the pattern, though. Maybe in two weeks we will see more clearly where it is leading.

I'm signing up for the 300k per BTC Cool
sr. member
Activity: 2506
Merit: 368
February 27, 2019, 10:33:51 AM
Bull market is not done yeat. It is only increasing and the real bull run and it will happen high percent in the month of March which is really increase the value again the bitcoin. I think better to chang the title to rip bear market and I hope that really happen.
Bull market are only less feel and I think we are in the 75 percent when the bull run really happen only little push.
Such optimism but sadly i will tell you the truth, there is no bull run this year. All you have been seeing is just a part of the manipulation show of some whales to pull out the newbies and yet they did bite the trap, a bullish trap. If there is no major news that would expect to spike high the price of Bitcoin then that is possibly a bull trap and we should be aware of that because it will drop so soon.
sr. member
Activity: 1400
Merit: 347
February 27, 2019, 09:43:10 AM
Just recently there is a series of higher lows which is fairly bullish action, not a massive rise but so long as the trend continues it is actually gaining and accumulating in value with lots of noise in between


It looks like second half of 2015, or even first half of 2016.

If we compare the two cycles, we see the price had risen from around $1200 in 2013 to a near 20k top in 2017. This is like 20x more.

If the same pattern is to repeat itself, we would see something between 300 and 400k as a ATH at the end of 2021, but to arrive at that price, the rise needs to be faster than in the previous cycle. This would prompt a earlier reversal, as compared to 2015, because we still need to recover the 8-12k range, before going to a bull market.

We still need confirmation of the pattern, though. Maybe in two weeks we will see more clearly where it is leading.
STT
legendary
Activity: 4102
Merit: 1454
February 27, 2019, 09:22:54 AM
Just recently there is a series of higher lows which is fairly bullish action, not a massive rise but so long as the trend continues it is actually gaining and accumulating in value with lots of noise in between



So mid December, early Feb low and recently that sell was a decent series.   It can break of course but its worth mentioning its a regular trend of higher low prices
sr. member
Activity: 1274
Merit: 263
February 27, 2019, 09:04:55 AM
Bull market is not done yeat. It is only increasing and the real bull run and it will happen high percent in the month of March which is really increase the value again the bitcoin. I think better to chang the title to rip bear market and I hope that really happen.
Bull market are only less feel and I think we are in the 75 percent when the bull run really happen only little push.
full member
Activity: 406
Merit: 100
February 27, 2019, 06:51:50 AM
#99
Looks like it all ended in one trade.
We have not yet experienced a bull run for this year and those little increased we have was a test how strong the market we have. We should not rely on a bull run as we need a mass adoption to sustain the market and rise the price once we can increase the daily demand. We don't need to hurry for a bull run as this will only end a bull trap if the community will not ride with the trend. Only time can tell the future of this technology as many people has lose the interest due to market manipulation.
hero member
Activity: 3010
Merit: 666
February 27, 2019, 05:08:02 AM
#98
There are more bull markets to come in the following days, weeks, months and years. It is our need to find what is in need and should act accordingly. Now it's too early to provide it with RIP. Then onwards which will take care of the bull markets further.
RIP bull market, just like we said RIP BTC in the past but BTC come alive and break the wall.
We don't have to be dramatic, just play it the right way, look at the development and forget about the price, we have profitable the last bull run and this time is for us to be more patient, the right time will come, eventually bull run will surprise us.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
February 27, 2019, 04:46:37 AM
#97
Looks like it all ended in one trade.

I assume atleast you made profit on that single trade right?because if not then maybe you have the rights to say this 😂

But atleast you know that every price growth the fall will follow right?specially these days when the market seems to he in downtrend for more than a year,we must be thankful for this small pump to atleast see the market greening again for couple of days
full member
Activity: 563
Merit: 101
February 27, 2019, 04:13:53 AM
#96
There are currently around 32 million bitcoin wallets. The last thing we should be worried about is the amount of people in the space right now. Specially considering a lot of those wallets are the second or third of a singular person. If crypto is to be as big as most of us see it there are at least a billion more users yet to come. And even if that number ends up at a hundred million that would cause a bull market that would eclipse 2017 December into oblivion.
member
Activity: 230
Merit: 10
February 26, 2019, 06:49:54 PM
#95
There are more bull markets to come in the following days, weeks, months and years. It is our need to find what is in need and should act accordingly. Now it's too early to provide it with RIP. Then onwards which will take care of the bull markets further.
sr. member
Activity: 840
Merit: 254
February 26, 2019, 06:23:57 PM
#94
Looks like it all ended in one trade.
The bull market was not even close to starting, many people were very excited to see the growth on bitcoin and they believed this was finally the bull market they have been waiting for a year, but the bear market we are facing is the longest and most difficult in the short history of bitcoin and I do not see it ending any time soon, in fact it is possible the bear market will be still with us until the next year.
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