Sounds of bulls screaming | Bitcointalksearch.org

Ultegra134

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Quote from: STT on August 03, 2024, 11:52:31 AM

Finally this title thread fits the action, we losing price as fast it was regained within July. Its going to take alot to stop this amount of selling as we have not hesistated even for a day at the 50 or 200 day averages.

That leaves us to face the same question as the 5 months lows which appeared. I did wonder what happens when you make a new low like that and leave it behind, do we revisit well we have answer its very probable now.

So presuming we end tomorrow Sunday below the 200 day average with no recovery, that would seem to seal the deal and confirm weakness not only near term but challenging wider time frames. 58.1k is target downside and lower prices possible, this is a bigger area within which to judge performance.

That's actually true; I just realized how much Bitcoin has dropped in value over the past few days. Is that much of a concern, though? I believe we're used to its volatility, and the past few months have been relatively stable. I was just reading an article that claimed that Trump's speech and FBI warnings regarding cryptocurrencies account for the loss of up to 10% of its value in the past week. As you also mentioned, it seems that we're in a selling rally that's going to break the $60,000 mark.

STT

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Finally this title thread fits the action, we losing price as fast it was regained within July. Its going to take alot to stop this amount of selling as we have not hesistated even for a day at the 50 or 200 day averages.

That leaves us to face the same question as the 5 months lows which appeared. I did wonder what happens when you make a new low like that and leave it behind, do we revisit well we have answer its very probable now.

So presuming we end tomorrow Sunday below the 200 day average with no recovery, that would seem to seal the deal and confirm weakness not only near term but challenging wider time frames. 58.1k is target downside and lower prices possible, this is a bigger area within which to judge performance.

Ojima-ojo

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Quote from: DiMarxist on July 04, 2024, 03:27:42 PM

It has been long we have seen this low but we all know that bitcoin is not stable in one place and it volatile in movement so it is not new to me and I also know that this can happen at any time. So as investors we have to prepare ourselves for this at anytime. We buy more when the price goes down and make our profits when the price is going up.
The time to purchase more is the time when the price is going down. Good Investors are not afraid of the market because it is always on their favour.

There is one topic title that I like so much, which said to buy the dip, this is the highest advice for anyone when the price of bitcoin touched at discounted level anytime, most of the newbies have not taken the time to study the market movement in bitcoin chart or wait to have experience anything before jumping into concluding that we are already at bull, because of a quick price recovery situations.

So let guide our thoughts in the right direction with all the necessary weapons which is the knowledge we build over time, to make the right speculations anytime we attempt doing so because it's only with the right knowledge we can take any right decisions along investment line, bitcoin is volitile yes we know but understand it market movement place you in a better position.

mich

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Well we did have some good days of 'bull run' and earning big profit. But now I do think those bulls are slowing down for some reason we do not know.
But we can see prices of all the coins are going down. Bitcoin is down almost 10 percent just in the last week.
And there is 'bullish' article saying why we saw this price change like this. https://ambcrypto.com/why-is-crypto-down-today-september-has-the-answer/

bestcoins1

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Quote from: Viscore on July 27, 2024, 04:59:21 PM

I am also seeing that this time, bitcoin price may continue to be bullish and hits its new all time high. And let’s be realistic, even if bitcoin is not currently bullish today, it’s still bound to create a significant price increase right after a huge dump so bitcoin bull run is still inevitable and we would be witnessing another bull run by hook or by crook. Im just glad that we are seeing a stable price for bitcoin at the moment, and I believe it will become more bullish once Trump will speak about bitcoin in the bitcoin conference.

But on the other hand, we are also facing another drop earlier this month because the Fed did not cut its interest rates which caused some investors to sell their Bitcoin holdings again earlier this month so we have seen another price drop in Bitcoin. But I am not too worried about the current condition because Bitcoin will still find a better upward path in the rest of this year because there are many influential people around Trump who also like Bitcoin so we can all still expect more from Bitcoin this year.

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Quote from: bestcoins1 on July 27, 2024, 02:28:07 AM

Quote from: Zigabel on July 26, 2024, 06:37:29 PM

The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.

The bull run is the best moment that many people have ever seen in the times before now so it is an absolute thing that most people are very happy to wait for again, including traders and investors. Because if we look at it from the profit aspect, of course the investors have the potential to get more than traders whose activities are only buying and selling in a moment without holding for a longer period. And now Bitcoin has passed the price of $68K again which means that the price could break through the level of $70K again in the near future.

I am also seeing that this time, bitcoin price may continue to be bullish and hits its new all time high. And let’s be realistic, even if bitcoin is not currently bullish today, it’s still bound to create a significant price increase right after a huge dump so bitcoin bull run is still inevitable and we would be witnessing another bull run by hook or by crook. Im just glad that we are seeing a stable price for bitcoin at the moment, and I believe it will become more bullish once Trump will speak about bitcoin in the bitcoin conference.

cryptomaniac_xxx

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Quote from: Zigabel on July 26, 2024, 06:37:29 PM

Quote from: Bitwave01 on July 04, 2024, 11:58:38 AM

Brighter days are ahead of us, this isn't out of the ordinary price action during summer time. Equities are still strong, this idiosyncratic spot selling is dominating all the flow but it will not continue forever.

Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.

The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

Yes, but we need to wait for the bulls to appear in the market, I mean we are looking for like a big run, but so far we are below the last all time high. But give it some time, ETF news though could be price-in. But still we have seeing lots of money flowing in the market because of the ETF news.

Quote from: Zigabel on July 26, 2024, 06:37:29 PM

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.

The best strategy is to keep on accumulating at this price. We are still not in the 6 digits, so plenty of time for us to save some Bitcoin. We might used the old but very effective DCA, or just used any method that fits us individually and then again, have the patience to keep on holding until the time to sell and make a lot of money in this version of the bull run in 2025.

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Quote from: bestcoins1 on July 27, 2024, 02:28:07 AM

Quote from: Zigabel on July 26, 2024, 06:37:29 PM

The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.

The bull run is the best moment that many people have ever seen in the times before now so it is an absolute thing that most people are very happy to wait for again, including traders and investors. Because if we look at it from the profit aspect, of course the investors have the potential to get more than traders whose activities are only buying and selling in a moment without holding for a longer period. And now Bitcoin has passed the price of $68K again which means that the price could break through the level of $70K again in the near future.

That is to be expected, and this what separates Bitcoin market against the rest, we have a cycle, and each has it's own importance and they are equally needed. Others might think that Bull run is the best, but you have to look at bear market as well. Because without the bear market, we won't have the chance to buy cheap Bitcoin and we can't start our own accumulation phase.

And the catalyst for a bull run is the halving and so with that, we might see the price going up in the next couple of months. Although we have set a new all time high already and it's the first time that it did happen. Nevertheless, we are still looking at the end of 2024 and 2025 as the biggest rise. It will be parabolic and huge that the prediction is that $100,000 at least conservative estimates as the peak price in this bull run.

bestcoins1

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Quote from: Zigabel on July 26, 2024, 06:37:29 PM

The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.

The bull run is the best moment that many people have ever seen in the times before now so it is an absolute thing that most people are very happy to wait for again, including traders and investors. Because if we look at it from the profit aspect, of course the investors have the potential to get more than traders whose activities are only buying and selling in a moment without holding for a longer period. And now Bitcoin has passed the price of $68K again which means that the price could break through the level of $70K again in the near future.

Zigabel

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Quote from: Bitwave01 on July 04, 2024, 11:58:38 AM

Brighter days are ahead of us, this isn't out of the ordinary price action during summer time. Equities are still strong, this idiosyncratic spot selling is dominating all the flow but it will not continue forever.

Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.

The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.

bitgolden

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I agree that with the way 4 year cycle works, with the way Trump works, with the way how fed rate is expected to drop, all of these combined looks like we are going to have one of those all time increases. I honestly expect to see something like 200k+ being quite realistic, would be around 3x or so, a little more maybe compared to previous ATH as well, which we may reach. I am not saying we will get there, nobody knows what we are going to do, it is not like some certain math, it's unknown and just a prediction.

However, we reached 70k already, and going above 100k wouldn't be enough for people to make a profit from, sure it is some profit, but for it to be a huge bull run, that alone isn't enough. We need to see 200k+ or even 250k+ if we can in order to make that into a profitable business, that way we will do better.

I personally believe that if we really want to make some money, we need to consider the fact that we can make it work by just throwing money at bitcoin right now and we should just wait more and more. If we can do that, I am pretty sure that we are going to end up with a profit, because it looks like the bull run will be a huge one this year, and start of next year as well.

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Quote from: Majestic-milf on July 18, 2024, 01:14:42 AM

Quote from: famososMuertos on July 04, 2024, 12:09:33 PM

Check the data on minimum prices this year, in all 6 months we have been below 60k or in that +50k range, even in January we were in the +40k range, so nothing happens, just stay in: "Stay calm" mode. : )

While I'd agree it's too early to start celebrating Bitcoin price, it's still won't be out of place to be a bit excited though. Like you said, the first six months are often rocky for it's price but we are in the seventh month so probably it will be something good? Coupled with the fact that the Trump wave is still on, we'd definitely see some upward moves.

I think having Trump to speak on bitcoin conference, probably this will create another pump for bitcoin until we get to see bitcoin price continue to surge high even more, especially that we are nearly hitting the last quarter of the year which is known to be the bullish time of the year. However, bitcoin price may still experience some price crash before it goes bullish, but rest assured once the correction is over, we will get to see bitcoin getting ready to reach its new all time high, if not the end of this year, probably by next year.

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Quote from: Marvell1 on July 18, 2024, 04:49:01 AM

Besides the Trump wave, if we rely on history, believe in the 4-year cycle and believe that it will repeat, we are very close to this year's bull season. Not to mention the fact that the Fed will lower interest rates in September is also an important factor to help the market grow...there are many factors for us to be optimistic at this time.
Frankly, those who can survive this far have no reason to be pessimistic at this point when we are only a few months away from the bulls.
Mt.gox is probably the biggest and final fear we need to overcome, and once that fear passes, I believe the bull market will come very fast and strong.

https://www.cnbc.com/2024/07/16/traders-see-the-odds-of-a-fed-rate-cut-by-september-at-100percent.html#:~:text=There%20are%20now%2093.3%25%20odds,to%20the%20CME%20FedWatch%20tool.

You're right. It's crazy to start harbouring fears of a crash in price if we were able to endure the past weeks. I just have the belief that the best of Bitcoin price is yet to come and this is only the tip of the iceberg.

The Mt Gox incidence really rocked the Bitcoin space and for now all seems to be calm but I won't rule out the possibility of us experiencing something like that, even though it won't be close.

bestcoins1

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Quote from: Ishicryptic on July 20, 2024, 03:12:14 AM

When we are experiencing price dip, the best approach is to relax and wait for price recovery that will lead to price pump. Instead of worry and panic, then rush to sale, the best approach is to buy the dip and wait. Bitcoin price dip doesn't last forever, it's not like one of those shitcoins that stays down and never comes up again, it will always have that potentials to rally and skyrocket. Bitcoin price as of today is approximately $66k, a leap compered to it's recent price that dipped to $56k, so the strategy during price dip should be buy, hodl and wait for bull run, this is the sweet dynamics of Bitcoin that has made it the king of all cryptocurrency.

It seems like the person you're telling this to also really knows that Bitcoin is the king of all cryptocurrencies so I'm not sure that person would be even more panicked when they saw the price drop. Because he also knows how to take advantage of his time when this happens to Bitcoin and we can also see that there are still many people who want to buy Bitcoin when the price is experiencing a decline and are still willing to wait for the price recovery in Bitcoin. This means that now everyone is smarter in taking advantage of the conditions that occur so that they can still find profits in conditions like today without hesitation to continue owning Bitcoin and forget about other damn coins.

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Quote from: C10H15N on July 04, 2024, 01:07:35 PM

"When in danger or in doubt, Run in circles, scream and shout." - Herman Wouk, The Caine Mutiny (1951).

Relax newbies (and consider buying the dip). This, too (unlike the Balrog), shall pass. 😉😎

When we are experiencing price dip, the best approach is to relax and wait for price recovery that will lead to price pump. Instead of worry and panic, then rush to sale, the best approach is to buy the dip and wait. Bitcoin price dip doesn't last forever, it's not like one of those shitcoins that stays down and never comes up again, it will always have that potentials to rally and skyrocket. Bitcoin price as of today is approximately $66k, a leap compered to it's recent price that dipped to $56k, so the strategy during price dip should be buy, hodl and wait for bull run, this is the sweet dynamics of Bitcoin that has made it the king of all cryptocurrency.

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Quote from: justdimin on July 06, 2024, 07:32:22 AM

Quote from: passwordnow on July 04, 2024, 01:24:42 PM

Everyone has to chill and think of it that whenever there have been some huge drops, the counterpart of it is that you should brace yourselves and be prepared for the upcoming recovery anytime soon.

Yeah, every drop is just another entry point. For those DCA investors, these drops are the points which helps to achieve better average buying prices.

So how are those people that have DCAed during the time when Bitcoin was so slow and have dumping? There's a lot of increase coming from the bottom that we've seen. Those that were patient and didn't panic deserves to have their Bitcoins and if they plan to keep on holding, then hold and wait until we see the peak or near to it.

Quote from: justdimin on July 06, 2024, 07:32:22 AM

Bitcoin market definitely will not stay stagnant for continuous 2 or more weeks hence we will see a clear direction before end of this month for sure.

And here we go, those that have waited for this can look again and think of their decisions if they've done it correctly or still wanting to see the bottom and think that there will be lower of it.

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Quote from: Marvell1 on July 18, 2024, 04:49:01 AM

Besides the Trump wave, if we rely on history, believe in the 4-year cycle and believe that it will repeat, we are very close to this year's bull season. Not to mention the fact that the Fed will lower interest rates in September is also an important factor to help the market grow...there are many factors for us to be optimistic at this time.

We're already in the bulls. The motion for the past weeks of Bitcoin up to this day is a sign that it has been or even dates back several months ago, there's already the confirmation. But it's that people watch out to the most recent plummets and that's why it seems everyone think that we're not in the bull run yet. And that's the reason why I am bullish because of the 4 year cycle and all of this positive news are just additional and contributes more to the upcoming peak that it is about to show us.

Quote from: Marvell1 on July 18, 2024, 04:49:01 AM

Frankly, those who can survive this far have no reason to be pessimistic at this point when we are only a few months away from the bulls.
Mt.gox is probably the biggest and final fear we need to overcome, and once that fear passes, I believe the bull market will come very fast and strong.

You said it right. Those who have stayed for so long and yet are discouraged by what happened last week/s about Bitcoin reaching near below $53k. That's normal, we've been from the top and went quite low and now back to $60kish.

stadus

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Quote from: YOSHIE on July 18, 2024, 02:49:23 PM

Quote from: Bitwave01 on July 04, 2024, 11:58:38 AM

Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.

Withdraw as you like, the halving has passed, you have to repeat it in the next four years, for me ETF is just a joke, they don't really dare to do anything to Bitcoin, ETF news only makes matters worse, investors don't want to get into a mousetrap, they prefer to get out and wander.

There is no speculation that really says the market is bull at the moment, many speculations have been put forward but none of them can be relied on, that is a fact, the market is acting beyond speculation at the moment, you shout, do it, that's your right, but remember this year is not a good year for the crypto market in a bull direction, in fact I speculate more towards a bear market, currently the global economy is deteriorating, many investors are on standby, few dare to take risks, remember that.

Well, there is really no final announcement that the market is already on a bullish state. But with a lot of speculations all over the market, and seeing bitcoin price continue to regain its bullish price, then it's not surprising that a lot of us here are now convinced that we are almost to bull run.

However, sometimes what seems too good to be true might end up seeing the reversal. We should always remember that the market is always unpredictable, instead of expecting a bullish market ahead, we will end up with a bearish one. My point is we shouldn't expect too much, but should still remain open minded that there are still chances that bitcoin will drop again its price and this time it could lead to a bearish market.

YOSHIE

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Quote from: Bitwave01 on July 04, 2024, 11:58:38 AM

Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.

Withdraw as you like, the halving has passed, you have to repeat it in the next four years, for me ETF is just a joke, they don't really dare to do anything to Bitcoin, ETF news only makes matters worse, investors don't want to get into a mousetrap, they prefer to get out and wander.

There is no speculation that really says the market is bull at the moment, many speculations have been put forward but none of them can be relied on, that is a fact, the market is acting beyond speculation at the moment, you shout, do it, that's your right, but remember this year is not a good year for the crypto market in a bull direction, in fact I speculate more towards a bear market, currently the global economy is deteriorating, many investors are on standby, few dare to take risks, remember that.

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Quote from: Maslate on July 17, 2024, 09:59:26 PM

Quote from: C10H15N on July 04, 2024, 01:07:35 PM

"When in danger or in doubt, Run in circles, scream and shout." - Herman Wouk, The Caine Mutiny (1951).

Relax newbies (and consider buying the dip). This, too (unlike the Balrog), shall pass. 😉😎

Everything is temporary with bitcoin. If you are seeing your investment at loss these days, don’t worry it won’t be prolong and in due time, you will come to see your investment in profits. Just stay calm and patient, and never rush into selling your coins just because others are doing so. Instead, find more courage to continue with DCA while the opportunity to buy is still available.

For now, the current price of bitcoin has starting to go back to normal and we’ll see how will bitcoin move upward from this. It may only be a slight increase, but the important thing the price never gets stagnant below $60k.

Not just in BTC but everything in this world is only temporary but this isn't something that we should stress our selves out, rather we must take it easy and enjoy things while it lasts. That may sound strange or like an insult for someone whose portfolio are still currently down due to the dump market but what I mean is that we can buy more coins during it.

It is an expense but there are people who are excited for it and they feel great when this moment comes and when they get their hands on their new BTC. Stagnation on BTC is possible and in fact it already happened before. The one that I remember is when BTC is struggling to break $34k. The higher the price we get, the higher the new dip value will be.

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