Topic: The bull market in the currency market is about to start (Read 379 times)

yep crypto market sometimes making a bullish when stock market showing potential as well, and you know mostly who used to check both market are traders.  but remember that the time of the both market is different. Wherein somehow we cannot assure if it will gonna happen always,  so use large time frame so that you can get more information where will be the next direction of the market,  and perhaps it's very informative than basing on other market especially if you combine with some useful indicators..

Bullish on $MELON atm

If a bullish fiat currency market starts, then the cryptocurrency market is waiting for another bullish rally.

After I read the brazil news in the link you sent,
I'm so happy to hear that,
First I am proud of Brazil because there has been developing Cryptocurrency technology which is booming in Brazil, and
  the first two Green Bitcoins (ETFs) in Brazil
with the German Crypto Carbon Ratings Institute (CCRI) collaborating on a new ETF offering investors exposure to a variety of the world's leading digital assets, so after this happened between GERMANY and BRAZIL, the cryptocurrency market is currently a global market and collapse is unlikely to happen again as the world is gathering energy to boost the cryptocurrency market

Well, your view and analysis are correct, the more money are being minted so are the value in one way or the other depreciating, the only way to overcome economy resection and your fund lossing value is by investing on a currency with limited supply which probably means more of it can not be printed or minted which makes it more valuable as the demands increase, that's why people have chosen to go more and more into the degital currency investment (cryptocurrency) with the way the adoption is increasing we should expect a more higher market gain.

Whatever the government and its citizen is doing that benefits crypto, we cannot still predict when will another bull run take place. Even though the market is looking good at the moment, the bull run will still depend on bitcoin's current trend. If we are really eager to witness and benefit from another bull run, the best we can do is speculate and analyze price movements so that we can learn what's the best course of action that will enable us to gain much profit when the time comes that bitcoin and other altcoins experiences new all time highs.

As usual, bitcoin rules the market and set trends for pumps and dumps

No, the price of bitcoin for the first time after the correction reached not only 45 thousand dollars, but also 48,000. This means that the price broke out of the 30-41 thousand corridor and confidently gained a foothold above this level. There will be corrections in the future, but only they will take place within the framework of a growing market.

Yes, it is good to see the bitcoin price finally reach $47,752 after struggling at $46,000 for a while. It is open another chance to increase more to $48,000 and hopefully, that can break this day so tomorrow, the price can sustain for a while in the $48,000 or it can have more chances to increase. The price correction will always come after the increases so we should always prepare for that and if you think that is a good moment to enter the market, you should do that.

Congratulations to people who long their trading because now, they are making a profit from this situation. They can close their trade and take profit for that but if they still want to continue and waiting for the next price, they need to remember that the price will not always increase. If the crypto market can have bullish, that can trigger to see the next bull run so we will have two times the bull run.

The market has been able to maintain a high price right now. We have seen a bull run already where we got to $60,000, and the question has been whether we are going to reach that $60,000 again before the year runs out. The price has been circling the $30k and $40k. It reached around $45k as of recent, but this is not the first time, the last time it reached that price range and still dropped back to that $30k. So what is it going to be this time, a steady increase or is it still going to be the usual swing we see regularly? We can only wait and see what’s it.

How can the market not be stable bull.  Due to various news, the coin market is being pushed towards dump, so I don't see the possibility of a bull this year.  It is very natural to think that it is very tropical for a cryptocurrency to have a big positive new market bull.

Almost every year we can see market improvement, we actually saw the huge changes happen around which I could foresee that Bitcoin will even spread more and so the massive adoption will take place in the coming years. What we have to experience this time is somewhat relatively close to what we think before.

The current pump that we have these days will simply tell us the capability that Bitcoin could able to be bullish anytime and there is no timeframe like what we know before (usually after halving).

I don't think bitcoin will find it hard to reach another ATH as its current price with $46,528  is waving into $50k resistance level. Yes, the recent crash has affected the price of bitcoin but now that its finally back to its momentum, i think this time it will be straight forward. There might be healthy price corrections along the way, and i know it will happen, but after that we will witness a new all time high. Not just for bitcoin  even ethereum is very bullish at the moment. Maybe the whole crypto market is now starting to become bullish again.

Bitcoin already reaches $64k and that is a new all-time high so far. But unfortunately, the price now decreased a lot and needs more time to back to $64k. I am sure that it will not takes too long to break $64k and make another new ATH but we will not know how high the bitcoin price will increase later. But $70k could be positive to reach before the end of this year. However, I agree with you that reaching the next ATH will not easy as it was.

Reaching new all time high after market crash is hard, just like the previous one, we need about 4 years to build people trust and forget it's before crash. So i think it won't reach $70k but i'm sure it will stable and create new support at $50k. Just watch on alts maybe some alts will create new all time high

Yes, these news come from different sources, but the combination is a very obvious bull market trend. There will be hype in any market. In the long run, Bitcoin's bull market is on the way.

It's only your prediction and so many experts were creating the wrong prediction like your prediction. There are bunch predictions if the price of bitcoin will not even break 40k again but this time it's not happening otherwise the reversal trend was making those experts traders must be ashame with their prediction.
Bitcoin will never go to the bottom again. The hashrate is starting increase and it will be going to the moon.

This month brings new hope for us to wait for a good thing that will happen to the crypto market. Bitcoin gets bullish trend again and can defend the price at $45k and have a chance to increase to $50k soon. Hopefully, from this month until the end of this year, the price can get better and back to $64k or make a new ATH. This current situation gives the opportunity for an altcoin to increase and we already see that many altcoins take a position to lift the price. But whether if the price can still increase or go back to the lower price, we should know what we need to do and take profit if we think that the trend will change later so we are not late to profit.

This is so different on 2017 bullrun. That time, there's no institutional investor playing a major role on crypto market and also SEC is completely in treat crypto as gray area since there's no define regulation but right now, Many giant company, VC and we'll known rich people are already involved that's why the marketcap grows exponentially. There's no way that there will be a massive sell-off just like 2018 unless institutional investor want to lose money on there own game. They will keep pushing the price and take profit slowly then repeat the process.

Don't be deceived this could be the last bullish trend we will see before the bear market, my advice is sell when a new ATH happens cos what will come next will be 'not so good' just exactly like what happend in December 2017 to February 2018, that rings a bell?

It seems like that your prediction was totally wrong. The market will be going even higher than this time. So many people have been missing their opportunity to buy that on the cheap price caused by the fake prediction that already created by what they called them as expert trader in the crypto.
I see that someone was also creating a thread and he was saying that bitcoin will be going to the another all time low but it's not happening right now.

Macro policy is very dependent on the results obtained at this time, the current deficit in the US is very decisive for the survival of the crypto world, considering the birth of bitcoin is a solution to the trade, economic and social deficit itself.

Moreover, social value is very influential with the current economic improvement, this cannot be separated from the birth of bitcoin to solve some of these social problems, the economy greatly determines the investment sector today.

If the economic problem is not stable, then bitcoin is the best solution for now, as well as ethereum both have the same function, only the way it works is different, but in general both have similarities in the relationship in crypto itself.

You will have another chance to buy bitcoin at a low price but not now because we see a bitcoin price increase to $45k and already touch $46k.
There is a chance that the bitcoin price will continue to increase and break $50k soon, but there will be many corrections.
When the price is down or make a correction, it is your time to buy back bitcoin, but it seems difficult to see the price drop to $33k or the other lower price.
Maybe you can use every lower price that will happen later so you can accumulate more bitcoin and hold it for a while.
But the bear market will come again in the future after this bull run ends.

While being bullish means you are idealistic that costs will go higher from where they presently are, being negative is the inverse: you figure costs will exchange lower from where they right now are.

Bullish brokers will hope to take long positions. Negative dealers are hoping to take short positions where they will benefit if the market goes down from its present cost.

In this bull market, changes will not last long and will soon experience another correction. It's been a week that Bitcoin and altcoins have increased in price and this is natural.
For an annual cycle like you said, it will happen sometime after the next Bitcoin halving occurs. At that time, it will be known as the true altseason.
Don't be careless to keep researching coins and tokens that have great potential.

I was expecting a bear market as i thought that big bulls return usually after three years and that is why i kept my funds in usdt and missed a big wave of bull run. I have just entered in at 45k while i had the chance at 33k

Lots of positive information, I've seen some good information from every country and I hope it doesn't become a discourse, but it can be proven by good actions and good regulations like El-Savador has done.
Bitcoin ETFs determine the acceptance of Bitcoin in the stock market and if it is approved, many countries will compete to own Bitcoin

Hopefully, the bill in the US could halt the start of this but another bull run will begin before the end of the year or maybe the beginning of 2022 at the latest. I personally don’t care thought, I have all of my coins staked and have invested into projects that are here to stay. Although governments like the US want to see the downfall of crypto, it won’t happen. The cats already out of the bag and to many people have already seen how amazing crypto is. This is why my investments are 5-10 year investments. My money is in projects that I believe will be here to stay when mass adoption happens because it will. An example of a project like this is NEAR. NEAR is fast, cheap, carbon neutral, and scalable. NEAR is also revolutionizing many things including finance, the fight against climate change, Web 3.0 and more. Another great thing about NEAR is it’s everybody wins mentality and this is why I think crypto is the future because normal everyday people are sick of losing. 

The bull run in many altcoins has already started,just take RVN as an example,it got like 60% increase from yesterday up to now.Ethereum after the London Hard fork is slowly getting back to really good prices and most of other coins are experiencing the same.We are just in August which has been usually a month where we have not seen very often a bull run from what I remember so chances are good the last months of the year will be very much in green for anyone of us mining or hodling these coins.

I've been reading some traders publishing their analysis as well watching youtube videos about their prediction it shows that the market will be crashing soon, but I'm not sure when but based on what they are saying and analysis you will know that they have a point. Let's see what will happen at the end of this month.

I am not sure if we will see one more bull run this year. But I totally agree with you that the crypto market is unlikely to collapse presently. It has become an integral part of our modern economy. Companies start using it as the means of payment, many big banks start offering crypto services. It shows us that people really believe in the bright future of this market.

^I like how this guy is straight to the point

---

So basically, you are saying that since the government is printing more money that the only solution for that problem to go away is to go to cryptocurrencies, right? We are all headed in that direction means there's no more room to go but up, and if no one offers another alternative to this problem, then it's going to be all in for crypto. It's going to be one hell of a ride this 2021, for sure.

TLDR, just stake cryptos like ETH and NEAR and start selling when we hit a new ATH.

We judge an industry has prospects from three perspectives usually.
Firstly, whether there is a favorable macro-rising policy.
The bull market in the cryptocurrency market in 2020 has benefited from the quantitative easing of the United States, the continued spread of the epidemic, and the United States has a relatively large trade deficit with China. It is possible that the probability of raising interest rates by 2023.
U.S. Senate to vote on passage of $1 trillion infrastructure bill on August 9 2021.
https://www.reuters.com/world/us/us-senate-inches-toward-passing-1-trillion-infrastructure-bill-2021-08-09/
Secondly  What are the development prospects of the industry and what social problems the industry can solve?
Bitcoin was born to solve the inflation problem of the dollar, and many holders are to preserve its value. Nowdays many countries are introducing various regulatory policies, not for prohibition. Many large listed companies are deploying blockchain digital currencies one after another, and the industry has a bright future.
 The third aspect, what is the economic cycle of the industry, and what is the leading benchmark of the industry now?
We can refer the development history of Bitcoin. After the upgrade of Ethereum, there is a deflation mechanism. In the future, even the overall market value of Ethereum will surpass Bitcoin.
Fidelity Investments try to Bring Crypto Assets Mainstream.
https://news.bitcoin.com/fidelity-investments-regulators-crypto-assets-mainstream/
Brazil launched a brand new Bitcoin ETF.
https://ambcrypto.com/brazil-launches-a-brand-new-bitcoin-etf-but-with-a-green-twist/
Today's cryptocurrency market is a global market, and a collapse is impossible! I believe that the bull market in the currency market is about to start.