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Topic: Signs That The Bitcoin Bulls Are Ready To Break Out (Read 576 times)

hero member
Activity: 798
Merit: 527
Bitcoin price has been too stable for now. When something is not going to a new direction it usually means there is water boiling. If the price wasn't going up than the speculators and manipulators of crypto world (known as the whales) usually takes things on their hand and try to move the price up or down that will suit them best.

If the whales of the crypto world is not doing that anymore than there are two possible reasons for it, either they do not believe in the bitcoin world anymore or they are collecting bitcoin as much as they can secretly. Now, considering all these new companies like bakkt and devere and fidelity and many more trying to get into the crypto space it means they still believe in the market.

When a big company like fidelity gets into something and help customers make money do you really believe CEO and other insiders don't already hold many bitcoins ? I think this is the biggest sign.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
November is historically a good month for bitcoin & then we have BAKKT ‘opening their doors’ in December. There’s obviously no guarantee but we have a good chance of some positive price movement as the year closes.
jr. member
Activity: 236
Merit: 5
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
more hype and not FUD is needed to make bitcoin bulls comes up in the market.
member
Activity: 247
Merit: 10
I've been always watching the crypto market these days but in my own observations I am not seeing any of the signs that they kept on saying about the bitcoin bull run which is about to break out any time now, as long as the bitcoins market value will continue to go down that bull run will never happen.
sr. member
Activity: 1638
Merit: 278
Here, we are just too busy speculating the price while waiting for the bull run but doesn't really know when it will happen. We keep on hoping that one day this bearish market will come to an end with the help of this good news but it seems that it doesn't really care at all.
If it tries to go up someone will pull it back again to its previous level and we can't help it.
I do hope that this bakkt will bring some good news and will change the market from being bearish.
Every phase of the market will always come to an end someday, but when it comes to an end is something we most definitely cannot know. It is just a normal thing as this is more like a cycle, the bear cycle, leading to the bull cycle and then the same thing revolving over and over again. It is a normal thing and I hope people can get to realize and know that.

I would not even want to be concentrating on Bakkt too much at the moment, but would just wait to see how the reaction in the market by then would be like. However, things would turn out before the end of the year; I so much know that in the long run, the market still remains bullish.
Market is always bullish. There are theories and fake propagandas about bitcoin that it is going to an end sooner or later. This has been coming in heard for so long time. Since the first day of launch of this bitcoin, people who are the opponents in one or other way, they are making bad reactions for the bitcoin. They start making up fuds and this ultimately sometimes affect the market.
legendary
Activity: 1652
Merit: 1057
Like you said it's hard to predict what will be the price of bitcoin before year ends. Maybe next year is time to see bitcoin in a good price because now we still in stable price and don't have any sign of bull run. Let's hope that we see bitcoin in good price this year.
Everything about a market is always going to be hard to predict, there is no doubt about that, but right now, I feel the thing with this market is that there is a possibility in two ways, which would be either we get to breakout upward and switch to an uptrend or we breakout downward and continue with the downtrend. Right now, we just have a market that is trying to make that decision in our hands and until then before we can start getting sure of what would be happening next at least. Although, the optimism is huge in the space at the moment, but we just have to wait it out.

it is all speculation as time will basically decide for itself what it wants and all we can do now is to be patient and be hopeful that we at least switch back to an uptrend in a matter of time as this is the only thing that can even give some small hope as the case may be.
Yes, every crypto adopter is praying for those trend changes to end their year-long waiting. It is already going to be year end and every year had proved some good news for bitcoins so far (there could be one or two exceptions), hence these type of speculation discussion are most common when bitcoin is into down market conditions.

Either bitcoin gets to go bullish or keeps being bearish; a lot of the markets are pretty down to a huge extent, so for now, we just have to take advantage of what we have.
I guess most people here have already taken the advantage of 'so far' down markets and that is the core reason why they are looking for the 'trend-change'. I mean how long you can expect a common individual to keep on buying on every dips and his holding are going down continuously ?
sr. member
Activity: 630
Merit: 250
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
Many speculators are predicting bullish trend any moment from now and I have started to believe that the bull run is around the corner.  However,  if we must be truthful to ourselve then we will said we need this bull run.  We have many traders here that bought bitcoin above $10,000 and some of them are going to sell heavily around that area and that is going to bring down the price again.  In 2018 we can only makes little progress but we should not expect much.
You should not be believing anything much at the moment bro, but indeed I understand that there is a slight chance we might get to see a bullish move in the market, but I would not want to classify it as a bull run that much though, most especially for bitcoin market and even if we will have to get to see a bull run for bitcoin though, I will rather be looking at early next year or thereabout.

However, it is all speculation as time will basically decide for itself what it wants and all we can do now is to be patient and be hopeful that we at least switch back to an uptrend in a matter of time as this is the only thing that can even give some small hope as the case may be.
That is usually the thing. A lot of people tend to focus so much on speculation that they do not tend to understand that this is a market and no one can see what will ever happen next or at any point in time at all. Breakout can be to any point at all, and the only thing we can do is to wait for it and participate once it happens. At the moment, there is no sign asides from a consolidating market which could go to any side at all, as the case may be, which the only thing we may just have now is patience.
member
Activity: 256
Merit: 62
I don't see BTC jumping back up that high anytime soon.  Last year's burst was because of hype feeding into more hype.  It was unnatural growth and unlikely to happen again.  Will bitcoin hit 20k? Yeah, sure, maybe. But not like a rocket like last time.  It'll be a more organic, slow growth.
I agree however it will probably be similar, in which once when we pass $20k, then it will build toward $30k, $40k, $50k, and then the FOMO takes it past $100k

$20k is the new $1200.
hero member
Activity: 896
Merit: 514
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
Many speculators are predicting bullish trend any moment from now and I have started to believe that the bull run is around the corner.  However,  if we must be truthful to ourselve then we will said we need this bull run.  We have many traders here that bought bitcoin above $10,000 and some of them are going to sell heavily around that area and that is going to bring down the price again.  In 2018 we can only makes little progress but we should not expect much.
You should not be believing anything much at the moment bro, but indeed I understand that there is a slight chance we might get to see a bullish move in the market, but I would not want to classify it as a bull run that much though, most especially for bitcoin market and even if we will have to get to see a bull run for bitcoin though, I will rather be looking at early next year or thereabout.

However, it is all speculation as time will basically decide for itself what it wants and all we can do now is to be patient and be hopeful that we at least switch back to an uptrend in a matter of time as this is the only thing that can even give some small hope as the case may be.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Here, we are just too busy speculating the price while waiting for the bull run but doesn't really know when it will happen. We keep on hoping that one day this bearish market will come to an end with the help of this good news but it seems that it doesn't really care at all.
If it tries to go up someone will pull it back again to its previous level and we can't help it.
I do hope that this bakkt will bring some good news and will change the market from being bearish.
Every phase of the market will always come to an end someday, but when it comes to an end is something we most definitely cannot know. It is just a normal thing as this is more like a cycle, the bear cycle, leading to the bull cycle and then the same thing revolving over and over again. It is a normal thing and I hope people can get to realize and know that.

I would not even want to be concentrating on Bakkt too much at the moment, but would just wait to see how the reaction in the market by then would be like. However, things would turn out before the end of the year; I so much know that in the long run, the market still remains bullish.
newbie
Activity: 29
Merit: 0
Well, this year has been a "hell of a year" for us. Coins that came into the system this year have suffered the bad of fate but in all things we should be gkad we're still hanging around. As for predictions, if only the bottom everyone is talking about is true, then we'll be good to go in no time.
Yes that is true that we have passes from such a bad time for the current time, but I think that only those people can become succeeded who will remain stuck and will not lose heart, because after every bad time a good time follow it, therefore we should not lose hear and should wait for the good time to come.
jr. member
Activity: 262
Merit: 1
https://saturn.black
bitcoin prices are unlikely to return to $ 20k this year, too many FUDs and bad news this year. but I'm still sure if the price of bitcoin will exceed $ 20k in the next bull market.
sr. member
Activity: 882
Merit: 282
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
Many speculators are predicting bullish trend any moment from now and I have started to believe that the bull run is around the corner.  However,  if we must be truthful to ourselve then we will said we need this bull run.  We have many traders here that bought bitcoin above $10,000 and some of them are going to sell heavily around that area and that is going to bring down the price again.  In 2018 we can only makes little progress but we should not expect much.
hero member
Activity: 1092
Merit: 523
Well, this year has been a "hell of a year" for us. Coins that came into the system this year have suffered the bad of fate but in all things we should be gkad we're still hanging around. As for predictions, if only the bottom everyone is talking about is true, then we'll be good to go in no time.
We have seen this happen before and it will happen again, they are altcoins and most of the time, they tend to always experience this fate in difficult situations like this, but it is not actually difficult for anyone who sees it as an opportunity to be buying.

I know it is not the same thing, but at least if you here there is sales going on and then a lot of things you could have gotten at a more expensive price is being sold for a discount, there is no way you would not want to take an advantage of it, right? Either bitcoin gets to go bullish or keeps being bearish; a lot of the markets are pretty down to a huge extent, so for now, we just have to take advantage of what we have.
sr. member
Activity: 714
Merit: 250
For now I couldn't see any of that signs that bull run is establishing possible price surges on market place. But there were coins that has also gained good price standing in terms of demand on buy orders right now. Hopefully that would also be happening to bitcoin in the next further days, surprises will shock everyone when bull run will initiate an outstanding remarks.

As long as people keep waiting for it it won't happen. When people are ready for it they are also ready to sell with a small profit. That's why we are going lower and lower. When we had first downtrend correction they were huge like the ones in February and March. Then smaller and smaller until there's almost no moves up because at first people wanted to wait and see if it maybe goes higher. They knew Bitcoin is capable of staying at around 10000. They got burned a few times and told themselves that next time they'll be smarter than the rest and they'll sell earlier on, before the rest. And so it goes.
Indeed, I dont see any signs for the bitcoin bulls to be ready this year. I think of it would be next year hhat we would see a higher price on bitcoin. So even though the market condition was not good hopefully it will happen.
hero member
Activity: 2688
Merit: 540
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https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
Here, we are just too busy speculating the price while waiting for the bull run but doesn't really know when it will happen. We keep on hoping that one day this bearish market will come to an end with the help of this good news but it seems that it doesn't really care at all.
If it tries to go up someone will pull it back again to its previous level and we can't help it.
I do hope that this bakkt will bring some good news and will change the market from being bearish.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
I do not see any signs out of it, the bull market is not going to happen so soon after we had a bull market at the last year, it simply does not make sense, after such a long bull run everyone is exhausted, I know I was, it was incredibly taxing to try to keep up with everything bitcoin was doing during the last year that I am in fact happy that we are seeing some sort of stability.


huh?? Who is exhausted? I'm not exhausted. People are exhausted from making money in 2017? what?!

The stability is short lived. It's only stable because we're in between the bear market and bull market. This won't last longer than a few months, and we're already over a month and a half into it.
Not exhausted of making money since no one can get exhausted of that, exhausted of having to watch the market every day because something could happen at any moment, I know that is not necessary now, I could stop watching the market for a month and I know that the odds the price remains at a level close to the current one are great, but that was not the case when we were in the middle of the bull market.
hero member
Activity: 2184
Merit: 531
For now I couldn't see any of that signs that bull run is establishing possible price surges on market place. But there were coins that has also gained good price standing in terms of demand on buy orders right now. Hopefully that would also be happening to bitcoin in the next further days, surprises will shock everyone when bull run will initiate an outstanding remarks.

As long as people keep waiting for it it won't happen. When people are ready for it they are also ready to sell with a small profit. That's why we are going lower and lower. When we had first downtrend correction they were huge like the ones in February and March. Then smaller and smaller until there's almost no moves up because at first people wanted to wait and see if it maybe goes higher. They knew Bitcoin is capable of staying at around 10000. They got burned a few times and told themselves that next time they'll be smarter than the rest and they'll sell earlier on, before the rest. And so it goes.
full member
Activity: 490
Merit: 107
For now I couldn't see any of that signs that bull run is establishing possible price surges on market place. But there were coins that has also gained good price standing in terms of demand on buy orders right now. Hopefully that would also be happening to bitcoin in the next further days, surprises will shock everyone when bull run will initiate an outstanding remarks.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run
Same hype and expectation that can have the same disappointment.   Undecided
Last year we don't have those and ETF's were rejected but the market stand alone and went through all time high.
Hey buddy this isn't a hype but a real deal in the crypto world. Looks like we will have another mega bull that will come in our way.. Better get ready for an action. Investors will have an account on bakkt. This will be live on Dec 12
Real deal yes it is, but effect is still unmeasurable so let's just see on how things would go on December 12.
Let's just assume the bull comes after few weeks when Bakkt already is on the go, expect also a quick dump but if there's a resistance then we might see the light for the longer and higher ceiling.
legendary
Activity: 1946
Merit: 1137
Well, this year has been a "hell of a year" for us. Coins that came into the system this year have suffered the bad of fate but in all things we should be gkad we're still hanging around. As for predictions, if only the bottom everyone is talking about is true, then we'll be good to go in no time.

if by "coins" you are talking about all the altcoins, then it is not a new thing and this year was not an exception. it was actually repetition of all the history of altcoins. new shitcoins created every year. most of them only live a couple of months on average before dying. and last year we had a new phenomenon called ICO and it introduced hundreds of tokens which mostly started their dumps this year and many of them are already dead.

the "bottom" everyone is talking about is bitcoin bottom not generally. and for many altcoins this bottom is 0 not the current price as we have been proven multiple times so far with dumps that keep happening.
member
Activity: 546
Merit: 12
Well, this year has been a "hell of a year" for us. Coins that came into the system this year have suffered the bad of fate but in all things we should be gkad we're still hanging around. As for predictions, if only the bottom everyone is talking about is true, then we'll be good to go in no time.
member
Activity: 626
Merit: 10
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
Like you said it's hard to predict what will be the price of bitcoin before year ends. Maybe next year is time to see bitcoin in a good price because now we still in stable price and don't have any sign of bull run. Let's hope that we see bitcoin in good price this year.
hero member
Activity: 2240
Merit: 848
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
I do not see any signs out of it, the bull market is not going to happen so soon after we had a bull market at the last year, it simply does not make sense, after such a long bull run everyone is exhausted, I know I was, it was incredibly taxing to try to keep up with everything bitcoin was doing during the last year that I am in fact happy that we are seeing some sort of stability.


huh?? Who is exhausted? I'm not exhausted. People are exhausted from making money in 2017? what?!

The stability is short lived. It's only stable because we're in between the bear market and bull market. This won't last longer than a few months, and we're already over a month and a half into it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
I do not see any signs out of it, the bull market is not going to happen so soon after we had a bull market at the last year, it simply does not make sense, after such a long bull run everyone is exhausted, I know I was, it was incredibly taxing to try to keep up with everything bitcoin was doing during the last year that I am in fact happy that we are seeing some sort of stability.
hero member
Activity: 966
Merit: 517
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run
Same hype and expectation that can have the same disappointment.   Undecided
Last year we don't have those and ETF's were rejected but the market stand alone and went through all time high.
Hey buddy this isn't a hype but a real deal in the crypto world. Looks like we will have another mega bull that will come in our way.. Better get ready for an action. Investors will have an account on bakkt. This will be live on Dec 12
No one is absolutely saying this is not a real deal, at least in the long term, and the chances of a break out is there, but truth be told, the market is more speculative in nature and that is always going to be a problem eventually.

At the long shot of it, we get to see a break out to the upper side, people start FOMOing for no reason, we hit probably the previous ATH, and then we start hitting back to the lower spot again. Nonetheless, the future is bright and when usage and real adoption kicks in, I believe things would even get a lot better in the long run.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run
Same hype and expectation that can have the same disappointment.   Undecided
Last year we don't have those and ETF's were rejected but the market stand alone and went through all time high.
It is always going to keep being that way unless we tend to start seeing real life usage in this space.
At the moment, the market is more speculative in nature than anyone could imagine, considering the fact that so many times, a lot of people are just so centered on hype and this is the reason a lot of people feel disappointed at times, make the wrong moves on the market by selling at loss while losing hope and before you know it, the market is back at it again and then the fear of missing out starts kicking in all over again. It is actually one thing we cannot run from at the moment, as a lot of people are just looking for quick gains in the short term with no single clue of what they are even doing.
member
Activity: 893
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Random coins :)
-snip-
 From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
Have you considered the measures exchanges have put in to stop price manipulations which could have caused this slow come back of bitcoin to $20k? Because I remember reading some articles online that said prices were manipulated by a whale and a whole bunch of propaganda and AFAIK these pump and dump groups of today aren't as they use to be, so this breakout bull remains as mere speculation.
sr. member
Activity: 924
Merit: 260
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
Many positive comments and posts are now coming into the market and on like what we were having in some days and weeks back.  Bitcoin trading is now becoming more attractive now as new investors are coming into the market.  We are going to see a breakout very soon and that means we should buy now no matter the little you think will help you make money in future.
hero member
Activity: 798
Merit: 527
The biggest sign for me is that the price has been not volatile which is actually not rare in bitcoin world as some other people do not realize. The price of bitcoin actually stays about the same for a long time before it breaks out and becomes huge and drops back, it has always been that way, the price of bitcoin stays at a same amount like couple cents to 3 dollars or 11 to 30 or than to 250 or 1400 all of those break outs happened all of a sudden and than they all had a big drop ever since bitcoin was created.

Same happened with this 20k as well and it hasn't been even that long because last time we reached 1.4k was 4 years ago and than price went down to 250 dollars and we needed to wait until last year before it went up again. Right now we are above what we used to be last year and that is more than enough but we are getting closer to getting that break out soon because the price already became stagnant and not going further down anymore.
member
Activity: 262
Merit: 10
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run
Same hype and expectation that can have the same disappointment.   Undecided
Last year we don't have those and ETF's were rejected but the market stand alone and went through all time high.
Hey buddy this isn't a hype but a real deal in the crypto world. Looks like we will have another mega bull that will come in our way.. Better get ready for an action. Investors will have an account on bakkt. This will be live on Dec 12
 
   I am very hopeful we could achieve a bull run by this 2018, after suffering the convenience matter in the market, wish it could break so. Though there is no signs of breaking up, I'll still stand firmly and wait for bull run to appear .
member
Activity: 168
Merit: 10
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run
Same hype and expectation that can have the same disappointment.   Undecided
Last year we don't have those and ETF's were rejected but the market stand alone and went through all time high.
Hey buddy this isn't a hype but a real deal in the crypto world. Looks like we will have another mega bull that will come in our way.. Better get ready for an action. Investors will have an account on bakkt. This will be live on Dec 12
legendary
Activity: 1652
Merit: 1483
Don't go expecting something similar to the extended cycle that resulted from MtGox crashing. That was a unique event.

i firmly disagree that mt gox mattered nearly as much as you say. not even close. but even if it did, why is another similar bear market impossible?

you say that mt gox was completely responsible for the 2014-15 bear market. what proof do you have? Cheesy

gox was a dying exchange---fiat withdrawals were unreliable for almost a year prior. people always make shit up like "90% of the volume traded at gox!!!1!!" no fucking way, lol. almost all the traders i knew had left gox for bitstamp, bitfinex, coinbase and elsewhere. and as a trader, i can tell you that china was a far bigger driver of the market than gox. and gox shutting down actually removed a lot of coins from the market. Wink

we were already in the midst of a bear market when gox went down. it was just one more catalyst for a selloff in a slow bleeding post-bubble bear market.

The bear market by all signs is over now. I'm not saying that a new bull market is gonna start right now, but it is possible that BAKKT will be a catalyst for it. BAKKT is HUGE in terms of long term bullish news. If BAKKT had hit in 2017 it would have been the single biggest piece of news of the entire bull run.

why is bakkt huge? do prospective investors actually care? the existence of a new platform isn't really a reason for demand to overtake supply.

A year of sideways trading or another fall is just laughable consider what is looming on the horizon.

the fact that people are talking like this is super bearish. this is exactly what people sounded like in 2014. Undecided
hero member
Activity: 3024
Merit: 745
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Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run
Same hype and expectation that can have the same disappointment.   Undecided
Last year we don't have those and ETF's were rejected but the market stand alone and went through all time high.
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run

Why? How do you know it'll create real demand? It might be nothing more than a little news pump.

People are always waiting for the next catalyst to a bull run. What they need to do is patiently wait out the market. Distribution and accumulation cycles take time. A bubble popped just 10 months ago! A year of sideways (or another crash down to $3000) wouldn't surprise me in the least.


Don't go expecting something similar to the extended cycle that resulted from MtGox crashing. That was a unique event.

The bear market by all signs is over now. I'm not saying that a new bull market is gonna start right now, but it is possible that BAKKT will be a catalyst for it. BAKKT is HUGE in terms of long term bullish news. If BAKKT had hit in 2017 it would have been the single biggest piece of news of the entire bull run.

It'll be interesting to see how quickly BAKKT is picked up. I think it might take a few months for Wall St to really start diving into BAKKT so I definitely think it's possible the next bull market doesn't really get going until early next year and we have a few months of this sideways trading around 6000 and 7000.

A year of sideways trading or another fall is just laughable consider what is looming on the horizon.

The signs is not clearly showing to us, but I think this will be a random aspects of movements in an unpredicatable happenings which everybody doesn't expect to happen right away. Just focus on your principles never listen to negative rumors, instead spread positive reviews rather than putting our crypto future to worst place.
hero member
Activity: 2240
Merit: 848
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run

Why? How do you know it'll create real demand? It might be nothing more than a little news pump.

People are always waiting for the next catalyst to a bull run. What they need to do is patiently wait out the market. Distribution and accumulation cycles take time. A bubble popped just 10 months ago! A year of sideways (or another crash down to $3000) wouldn't surprise me in the least.


Don't go expecting something similar to the extended cycle that resulted from MtGox crashing. That was a unique event.

The bear market by all signs is over now. I'm not saying that a new bull market is gonna start right now, but it is possible that BAKKT will be a catalyst for it. BAKKT is HUGE in terms of long term bullish news. If BAKKT had hit in 2017 it would have been the single biggest piece of news of the entire bull run.

It'll be interesting to see how quickly BAKKT is picked up. I think it might take a few months for Wall St to really start diving into BAKKT so I definitely think it's possible the next bull market doesn't really get going until early next year and we have a few months of this sideways trading around 6000 and 7000.

A year of sideways trading or another fall is just laughable consider what is looming on the horizon.
legendary
Activity: 1806
Merit: 1521
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run

Why? How do you know it'll create real demand? It might be nothing more than a little news pump.

People are always waiting for the next catalyst to a bull run. What they need to do is patiently wait out the market. Distribution and accumulation cycles take time. A bubble popped just 10 months ago! A year of sideways (or another crash down to $3000) wouldn't surprise me in the least.
copper member
Activity: 336
Merit: 1
Bakkt is what people are waiting for the most, there is more chance of this happening than the ETF which is continuously rejected over and over again. This is going to be the trigger for the next bull run
member
Activity: 352
Merit: 10
It seems that big whales with bull intentions are preparing for a rally. But they first decided to lower prices even deeper. I think another month of trampling about 6200-6500 dollars.
member
Activity: 262
Merit: 10
If you look at the graphs of previous years, we can see that prices have always increased by the end of the year. I think this year there will be no exceptions
  The indication for bull run does not signified on when do it appears and how long it will dwell the current stability of downfall. Maybe by the remaining months we can expect the starting motion of the break out.
jr. member
Activity: 224
Merit: 2
If you look at the graphs of previous years, we can see that prices have always increased by the end of the year. I think this year there will be no exceptions
sr. member
Activity: 574
Merit: 250
To me bitcoin remains unpredictable but one thing we know is for sure better dys are coming were the expectations of every one will be achieved, there patient is the way to the break out.
hero member
Activity: 1139
Merit: 500
In my opinion, the price of bitcoin on the market is currently very stable in its movement, I cannot predict whether prices will rise or will go down. But if you see a lot of good news coming for Bitcoin, so when the good news comes the price will increase because many people believe in bitcoin. I hope the current trend towards the highest price.

   Bitcoin does not signified any assurances of breaking the bearishness of the market. But we must be aware that it all happened by the phenomenal erratic cycle, which is always appear in the market volatilities. Maybe it is the way on how bitcoin test people's determination and patience accord on dealing or managing the temper we have. I believe bitcoin instantly ready for the bull run, anytime it will appear flourishly.
newbie
Activity: 8
Merit: 0
If we could get the current price stability with a higher market value things would be a lot better right now.

I do think the value will go up in time.
full member
Activity: 1489
Merit: 150
In my opinion, the price of bitcoin on the market is currently very stable in its movement, I cannot predict whether prices will rise or will go down. But if you see a lot of good news coming for Bitcoin, so when the good news comes the price will increase because many people believe in bitcoin. I hope the current trend towards the highest price.
full member
Activity: 1140
Merit: 103
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I never believe on news as they are nothing but to just create FUD, If we go as per its news still the bullish period is not this year but in 2019 we can see the bull run in cryptocurrency till then the market will just move up and down slowly.

Your’re merely right on your ideas mate, and I was also thinking for that since the market hasn’t gaining better progress as to compare from previous year of 2017. However all statements coming from everyone these days, was all based on how the market moves in and out. We didn’t really see the real score here, because as everybody knows it bitcoin always remains to be unpredictable.
member
Activity: 560
Merit: 11
I agree with you, it is not easy to predict the value of bitcoin, our cycle is like an expectation that never becomes a reality, because we cannot control the crypto value like what we want.

but at least we understand that the bullish market and the bearish market have signs, but sometimes the sign doesn't last long because of the small trading volume, and crypto spreading is also very small, and also many FUD come to destroy the market.
full member
Activity: 546
Merit: 102
well that's good if it happens
but don't expect too much
prices can crash again if there is negative news about ETFs
full member
Activity: 490
Merit: 100
As per observation in the current market,  I think that there is no indication whatsoever that cryptos would become bullish market as this has been experiencing a down trend often times. I think that the resistance in moving towards an up trend market is hard that it's hampering the growth in the current situation. However,  I greatly believe that there is still a probability to change the current market condition into a more prosperous market growth.
there is no indication because big institution recently just boight bitcoin not in exchanges but through oTC or over the counter example the yale university invested millions of dollars in bitcoin,  see the news.
newbie
Activity: 31
Merit: 0
I don't see BTC jumping back up that high anytime soon.  Last year's burst was because of hype feeding into more hype.  It was unnatural growth and unlikely to happen again.  Will bitcoin hit 20k? Yeah, sure, maybe. But not like a rocket like last time.  It'll be a more organic, slow growth.
member
Activity: 322
Merit: 12
As per observation in the current market,  I think that there is no indication whatsoever that cryptos would become bullish market as this has been experiencing a down trend often times. I think that the resistance in moving towards an up trend market is hard that it's hampering the growth in the current situation. However,  I greatly believe that there is still a probability to change the current market condition into a more prosperous market growth.
sr. member
Activity: 882
Merit: 297
I never believe on news as they are nothing but to just create FUD, If we go as per its news still the bullish period is not this year but in 2019 we can see the bull run in cryptocurrency till then the market will just move up and down slowly.
full member
Activity: 826
Merit: 104
"comeback to $20k value"
"sky rocket".
 is the term for everyone waiting around where it appears nothing is happening. and then suddenly at t-minus 1 theres a sudden blast and then a second later atmosphere breaking heights are reached.

the reality is that those events end in at somepoint things landing back at ground/sea level

however
my imagination is of the waterlevels rising, people enjoying the waves of speculation above the water line but climate change raising the waterline beneath. yea there maybe a tsunami every few years, but generally everyone can see the sea levels and plan when they have to resettle and live at a higher safe level

i dont live ontop mountains or on the moon looking down wondering when other explorers will stand beside me.
i stand at the bottom looking up planning when i need to resettle my life at a new height.

anyway
i would say once the main countries tax year deadlines are over and everyone has done their tax deductables, taking advantage of their 'losses' then 2019 will be the year of profits. so its financially foolish to ignite a rocket of profit while planning to cut down on tax by declaring a loss
i am agree with your opinion and statement Smiley
legendary
Activity: 4410
Merit: 4788
"comeback to $20k value"
"sky rocket".
 is the term for everyone waiting around where it appears nothing is happening. and then suddenly at t-minus 1 theres a sudden blast and then a second later atmosphere breaking heights are reached.

the reality is that those events end in at somepoint things landing back at ground/sea level

however
my imagination is of the waterlevels rising, people enjoying the waves of speculation above the water line but climate change raising the waterline beneath. yea there maybe a tsunami every few years, but generally everyone can see the sea levels and plan when they have to resettle and live at a higher safe level

i dont live ontop mountains or on the moon looking down wondering when other explorers will stand beside me.
i stand at the bottom looking up planning when i need to resettle my life at a new height.

anyway
i would say once the main countries tax year deadlines are over and everyone has done their tax deductables, taking advantage of their 'losses' then 2019 will be the year of profits. so its financially foolish to ignite a rocket of profit while planning to cut down on tax by declaring a loss
member
Activity: 420
Merit: 24
https://cryptodaily.co.uk/2018/10/signs-that-the-bitcoin-bulls-are-ready-to-break-out/

I know that there's no one in this forum that can predict correctly about future values of bitcoin. We are all in here speculating certain values which are too far from reality. All of us are hoping that bitcoin will go skyrocket and hoping that we can profit. From the very start of the year 2018, bitcoin has been experiencing bloodbaths due to FUD and regulations but still remained strong. Will Bakkt really impact the value of bitcoin? Is this the start of the comeback of bitcoin's value to $20k? Share me your thoughts!
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