TA indicates a bull run is coming | Bitcointalksearch.org

philipma1957

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Quote from: ukloon on July 12, 2020, 10:20:35 AM

Another exclusive analysis for y'all. Remarkable similarity between today and the June 2019 bull run. We might have another leg down first, especially due to covid fears but it's unlikely to go below $8500. After that, the rise will be sharp and swift, blink and you'll miss it Wink

Nice call up more than 20% since you called the shot.

fullhdpixel

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TA could indicate a lot of things but I feel like right now TA looks like it is indicating a stagnant process for bitcoin. We had our ups we had our downs and we had our ups and downs few more times, right now we are at a stage we have to make sure that people are not doing as worse as they imagine if the bitcoin price stays the same, there is no shame in bitcoin not going up, as long as it doesn't go down that is a really good result for bitcoin and should be hoped for.

I feel like the best case for bitcoin could be staying above 11k for another 4-5 months without ever dropping under 10k price because we all know if it drops under 10k it takes time before it can reach above 10k once again. That is my priority over going high levels in bitcoin price to like 15k or whatever.

Kemarit

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Quote from: beerlover on August 16, 2020, 01:44:33 PM

When the price is volatile and goes up and down, whales take advantage of it during trading and not investment, however if the price goes up and continues to go up whales know that they can put in a lot more money.

Yeah, and that's why many get REKT when they do shorts, specially when we have a massive run like last month.

Quote from: beerlover on August 16, 2020, 01:44:33 PM

Just to give an example, let's say there is few huge corporations in wall street that does bitcoin investment and trading, not as a whole but has a group of people under their employees who does that, those people could trade with few millions to make money, and if they somehow profit that is great, yet if they want to invest, that changes things because at that point they could invest tens of millions of dollars instead of just few millions to trade. That moment will be the moment we will see the "real" increase in the bitcoin world where price goes above $20k.

Those are hedge fund managers, but if I'm not mistaken, majority of them do OTC trading, much safe and doesn't affect the market. But yes, institutional money are really coming in and we are already in a bull run, not like 2017, but most likely the madness will go as far as 2021 and possible to hit another all time high.

beerlover

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When the price is volatile and goes up and down, whales take advantage of it during trading and not investment, however if the price goes up and continues to go up whales know that they can put in a lot more money.

Just to give an example, let's say there is few huge corporations in wall street that does bitcoin investment and trading, not as a whole but has a group of people under their employees who does that, those people could trade with few millions to make money, and if they somehow profit that is great, yet if they want to invest, that changes things because at that point they could invest tens of millions of dollars instead of just few millions to trade. That moment will be the moment we will see the "real" increase in the bitcoin world where price goes above $20k.

ultrloa

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Quote from: davinchi on August 14, 2020, 11:02:00 AM

If you want to see bitcoin going up, you want others to buy, because there is no other method for bitcoin to go up than just have people buy it, without purchasing bitcoin there is literally no other way that bitcoin could be going up. The only thing that would make bitcoin to go up is to buy it and if you are saying that people should wait for a correction before they buy that means you do not want it to go up right now neither.

Even if you do not buy it yourself, you should at least try to make sure that others buy, which means when you are talking about buying bitcoin you should promote it and you should support people do it and not write about how everyone should wait and not buy when it is high, they should buy it when it is high just so it could be even higher.

The market sentiments is now generally bullish, it id a good thing because it only means that investors are now talking about bitcoin and its potential. The price will only increase if the number of buyers will dominate and surpass the number of sellers. We are now in a healthy market after many months of downtrend and sideways. The correction is already finished but it doesn't mean that we will not see another dip again. The good thing that the candlestick is now trailing at the highs.

If green days will continue untill end of this month for sure we will some whales taking some good actions and other will rush to buy some bits for them to not miss the bull run. It's really good to see that we are hitting up even if there's a pandemic and for sure many people think about how strong this is since they can see some positive for their investments.

Next month will be more exciting since maybe we can see some good high leaps.

wxxyrqa

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Quote from: Ryker1 on August 13, 2020, 05:19:50 PM

Quote from: ?? on ??

The same pattern does not guarantee that there will be a bull run for sure or exactly the same, because there will always be sentiment in a very different market and with the pandemic hitting and the crisis getting worse, at least it is also a factor in the difficulties that will be experienced for a bull run in this period. If the pattern occurs and continues to repeat itself, it will be very easy to become a successful trader but in fact TA and other fundamental factors will greatly influence the next market price movement.

Well, that is right. Perhaps that is impossible that bitcoin price will repeat itself in the previous chart. I never seen a chart that exactly the same result, --I like to see an technical analysis like this. But sometimes bothering in my mind that this techinical anlysis wont give any guarantee on us that has an accurate result upon predicting the market, it will remain prediction mby simply plotten on the chart. Perhaps not only TA will indicate the crypto price in the market, it is also include news and events.

I believe that there is no better news for the cryptocurrency market than news about the depreciation of national currencies, as well as the decline in the stock market. In addition, unemployment in many countries pushes people to search for alternative sources of income, and in this situation, cryptocurrencies are not only a good means of investment, but also an opportunity to receive income from being near a computer at home.

davinchi

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If you want to see bitcoin going up, you want others to buy, because there is no other method for bitcoin to go up than just have people buy it, without purchasing bitcoin there is literally no other way that bitcoin could be going up. The only thing that would make bitcoin to go up is to buy it and if you are saying that people should wait for a correction before they buy that means you do not want it to go up right now neither.

Even if you do not buy it yourself, you should at least try to make sure that others buy, which means when you are talking about buying bitcoin you should promote it and you should support people do it and not write about how everyone should wait and not buy when it is high, they should buy it when it is high just so it could be even higher.

Ryker1

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Quote from: ?? on ??

The same pattern does not guarantee that there will be a bull run for sure or exactly the same, because there will always be sentiment in a very different market and with the pandemic hitting and the crisis getting worse, at least it is also a factor in the difficulties that will be experienced for a bull run in this period. If the pattern occurs and continues to repeat itself, it will be very easy to become a successful trader but in fact TA and other fundamental factors will greatly influence the next market price movement.

Well, that is right. Perhaps that is impossible that bitcoin price will repeat itself in the previous chart. I never seen a chart that exactly the same result, --I like to see an technical analysis like this. But sometimes bothering in my mind that this techinical anlysis wont give any guarantee on us that has an accurate result upon predicting the market, it will remain prediction mby simply plotten on the chart. Perhaps not only TA will indicate the crypto price in the market, it is also include news and events.

Lanatsa

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Quote from: AmoreJaz on August 01, 2020, 08:27:53 PM

Quote from: ukloon on August 01, 2020, 10:31:38 AM

Quote from: ukloon on June 11, 2020, 05:40:51 PM

I don't claim to be right all the time, but i tried to warn y'all! Grin

Well don't say you weren't warned about this rally, you knew it was coming right? Wink

-

I don't claim to be right all the time, but i tried to warn y'all! Grin

but wondering, have you filled your bags when btc was in the 9k level? am curious what do you usually do when you have this kind of chart prediction? do you also follow your gut about these charts?

Hardest kind of question because we know that doubts and hesitance will surely be there since no one can really be able to predict the future.For those people who do able

to buy when its still 9k just because they do believe that price will move upwards then good thing for them yet they do took the risk and normally able to make up some profits for that kind of risky
action.

We do really need these kind of decision making but it wont really be that simple or easy as it sounds.TA's might able to give patterns but still not an assurance thing that will surely
happen on next period of time.

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: Spaffin on August 13, 2020, 11:53:44 AM

I believe that it is the current period, thanks to the economic crisis, that many investors are looking for an alternative for their investments, in replacement of assets that are constantly falling in value.

This pandemic added more interest from new investors, having a longer time doing their research about this industry
newcomers are starting to follow this market, they are adding investment as diversions especially those who came from
stocks, they are seeing value and good opportunities inside this venue.

Quote

In addition, national currencies are also rapidly depreciating, and even ordinary people, not only in an attempt to invest their savings, but also as a replacement for their national currencies, use cryptocurrency.

A very good sign that people start learning that it's not an investment asset

but also a good payment process that they can use especially with this kind

of pandemic virus, people mostly wants to avoid direct contact to anyone.

Quote

Thus, the massive attraction of investments and interested people to cryptocurrency, in any case, brings us closer to the bull run.

Time to accumulate while there's still a lot chance, once the bull start to pump it will pump strong you'll be left behind.

Spaffin

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I believe that it is the current period, thanks to the economic crisis, that many investors are looking for an alternative for their investments, in replacement of assets that are constantly falling in value. In addition, national currencies are also rapidly depreciating, and even ordinary people, not only in an attempt to invest their savings, but also as a replacement for their national currencies, use cryptocurrency. Thus, the massive attraction of investments and interested people to cryptocurrency, in any case, brings us closer to the bull run.

ultrloa

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Quote from: cryptomaniac_xxx on August 13, 2020, 04:49:31 AM

Quote from: bitgolden on August 03, 2020, 02:58:34 PM

In order to do that the crypto investors have to take some risks and continue to buy bitcoin at a price where it is high already and not low like it should be when you are buying.

Only irrational buyers are going to that strategy though, BTFD is all we need to understand. We don't need to buy when the price is going up or least not within our budget. Well, we can buy in small portions, but it's better to see the price somewhat going on a healthy correction before getting ourselves into the buying mode.

Although that time has been gone, since the market seems to be in a bull run, but there will be scenario that it will dip for and that will be the best opportunity again.

If you are for long term then its very bad decision to buy when the price is pumping up but if you are a day trader then executing your buy orders is good since you can secure your profit and the end of the day.

But since situation is different these days maybe we can see further pumps and slow dumps but there are further changes of everything in the market and still the movements still unpredictable so we need to be careful.

cryptomaniac_xxx

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Quote from: bitgolden on August 03, 2020, 02:58:34 PM

In order to do that the crypto investors have to take some risks and continue to buy bitcoin at a price where it is high already and not low like it should be when you are buying.

Only irrational buyers are going to that strategy though, BTFD is all we need to understand. We don't need to buy when the price is going up or least not within our budget. Well, we can buy in small portions, but it's better to see the price somewhat going on a healthy correction before getting ourselves into the buying mode.

Although that time has been gone, since the market seems to be in a bull run, but there will be scenario that it will dip for and that will be the best opportunity again.

bitgolden

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The bull run actually came, we are talking about a very serious change in bitcoin world and how people are looking at it, the $9k was looked as a cap in people's minds, the $10k price was a psychological warfare where we went above and went down and went above and went down constantly, it is amazing that people would actually see that bitcoin would finally be going over $10k and not going down, of course we are still not there yet, we might be over but also we have to prove that we will not go down as well, which will only happen if we could manage to go even higher and protect our position at higher levels.

In order to do that the crypto investors have to take some risks and continue to buy bitcoin at a price where it is high already and not low like it should be when you are buying.

ethereumhunter

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Quote from: Ridwan Fauzi on August 03, 2020, 01:20:56 AM

The history will repeat itself, it going to happen.

As a trader look back to the privious chart movement is really important. Because most of the price movement will like that especially support and resistence.

We just need a good information that can affect to the sentiment market. And thus far many good information that spread in the market and yeah the time will proof it.

Yes, that is right. History will repeat. The bull run slowly will come, and maybe the bull run will happen this year, and the price can back to $19k first before breaks the new ATH. We will see what will happen with bitcoin price, and while we don't see the price start rally, we can buy more and more bitcoin before we are too late to buy. But you don't have to follow the news or information before you can search for yourself because not all information is right.

bitbunnny

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All analysis and charts it's nice to see however I'm still not convinced this is bull run. Despite the positive trend and general price rise price still moves back and forth and there is no continuous strong growth. That might happen in upcoming period but we might as well see price pulling back so for a while I'll be careful.with predictions.

Ridwan Fauzi

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The history will repeat itself, it going to happen.

As a trader look back to the privious chart movement is really important. Because most of the price movement will like that especially support and resistence.

We just need a good information that can affect to the sentiment market. And thus far many good information that spread in the market and yeah the time will proof it.

rodskee

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Quote from: ukloon on August 01, 2020, 10:31:38 AM

Quote from: ukloon on June 11, 2020, 05:40:51 PM

I don't claim to be right all the time, but i tried to warn y'all! Grin

Well don't say you weren't warned about this rally, you knew it was coming right? Wink

I don't claim to be right all the time, but i tried to warn y'all! Grin

That's sweet, those who managed to follow you with this assessment that you've did surely
enjoying now with this spike.
Most of the time people who understand how to ride with the market really making a huge
profits and keep continuing to enjoy.
With this analysis together with your own understanding, you'll be able to make some good
advantage in taking every position.

Looking forward to see more from your assessment, would be more sweeter if you bring it
into the table.

AmoreJaz

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Quote from: ukloon on August 01, 2020, 10:31:38 AM

Quote from: ukloon on June 11, 2020, 05:40:51 PM

I don't claim to be right all the time, but i tried to warn y'all! Grin

Well don't say you weren't warned about this rally, you knew it was coming right? Wink

-

I don't claim to be right all the time, but i tried to warn y'all! Grin

but wondering, have you filled your bags when btc was in the 9k level? am curious what do you usually do when you have this kind of chart prediction? do you also follow your gut about these charts?

ukloon

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Quote from: ukloon on June 11, 2020, 05:40:51 PM

I don't claim to be right all the time, but i tried to warn y'all! Grin

Well don't say you weren't warned about this rally, you knew it was coming right? Wink

I don't claim to be right all the time, but i tried to warn y'all! Grin

Topic: TA indicates a bull run is coming (Read 772 times)