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Topic: The Next Bull Run - page 2. (Read 790 times)

legendary
Activity: 2884
Merit: 1117
May 29, 2019, 12:38:44 PM
#46
Hello guys
With the recent pump being experienced with btc, could this be the next pump and break out to $10k0and above?
What should one look out for.
I really think this is the bull run we break the all time high. I honestly believe that.

The difference is last time we did an increase like this we did it very quickly and that made it impossible for us to put support numbers too high, people stopped selling or even buying and everything just went up super quickly. We got punished for it by the drop of the price and there  was no support to stop it from falling so we realized maybe going up so quickly isn't that smart.

Now, we are going a lot slower but we are definitely going to break 20 thousand dollars, when we break it there will be a lot more supports since we did it slowly and if we ever go down there will be supports to stop us going too low and that will make sure we do not have the same 2018 bear year once again.
legendary
Activity: 1806
Merit: 1521
May 29, 2019, 12:25:13 PM
#45
It's not because people are "smarter and more mature." We will definitely see another parabolic rise eventually, it's just too soon. It's only been a few months since the bottom of the bear market.

At this point in 2015, we were still more than a year away from the parabolic phase of the bull market. The same is probably true now. The chart probably won't go vertical again until we make a new ATH at $20K. My guess is, that'll happen some months after the halving next year.

When going by propertion to ath with the 4 year cycles, we are right now about $500 in May 2015 - a bit under half of the previous ath. This is quite a bit higher than it was in May 2015, so I expect the run up over the next couple years to be more gradual and steady, with a less dramatic crash following the next ath. We may drop back into the $6ks over the summer and finish the year around $10k, this scenario would be pretty similar to how 2015 went.

It's too early for me to speculate much yet on long term price trajectory but I'm looking for a similar scenario for 2019. If we're following 2015 then we haven't seen the August crash yet. After a correction and recovery like that, I'll be more confident about making long term projections, especially time-based ones.

I just know it will look somewhat different than previous cycles (history rhymes but never repeats), and it already does like quite different than 2015. I also know the post-bear consolidation should take quite a bit of time. It looks hyper bullish right now so people think we're going to $20K next month, but after we correct downwards for a few months that sentiment will be destroyed, and a sideways 2019 will look a lot more reasonable.
legendary
Activity: 3080
Merit: 1353
May 29, 2019, 12:10:25 PM
#44
Of course, we will not see a parabolic rise yet like before since people now are smarter and more matured

It's not because people are "smarter and more mature." We will definitely see another parabolic rise eventually, it's just too soon. It's only been a few months since the bottom of the bear market.

At this point in 2015, we were still more than a year away from the parabolic phase of the bull market. The same is probably true now. The chart probably won't go vertical again until we make a new ATH at $20K. My guess is, that'll happen some months after the halving next year.

Right, so if the price jumps to 5 digit let's say in June, I'm still expecting another correction of let's say 30% before a steady growth till the end of the end and hit at least 5 digits. And then some minor pump leading up to the big event in May 2020. But the rise after will not happen over night, probably around four to fight months before we can finally see the price growing up massive and reach the previous all-time-high of $20000 and then sky is the limit, or at least if we go on another bubble mid 2020-2021.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
May 29, 2019, 12:02:42 PM
#43
I personally believe that at least this year will reach $10k in the next bullrun and then we will wait until next year to reach an ATH, this pump is fairly fast so far although corrections always occur, but with this good trend of course pumps will continue happens slowly and does require time to reach ATH, which is likely to occur in the next year if indeed there is no big dump occurring this year.
member
Activity: 308
Merit: 35
May 29, 2019, 11:48:42 AM
#42
Of course, we will not see a parabolic rise yet like before since people now are smarter and more matured

It's not because people are "smarter and more mature." We will definitely see another parabolic rise eventually, it's just too soon. It's only been a few months since the bottom of the bear market.

At this point in 2015, we were still more than a year away from the parabolic phase of the bull market. The same is probably true now. The chart probably won't go vertical again until we make a new ATH at $20K. My guess is, that'll happen some months after the halving next year.

When going by propertion to ath with the 4 year cycles, we are right now about $500 in May 2015 - a bit under half of the previous ath. This is quite a bit higher than it was in May 2015, so I expect the run up over the next couple years to be more gradual and steady, with a less dramatic crash following the next ath. We may drop back into the $6ks over the summer and finish the year around $10k, this scenario would be pretty similar to how 2015 went.
legendary
Activity: 1806
Merit: 1521
May 29, 2019, 11:41:09 AM
#41
Of course, we will not see a parabolic rise yet like before since people now are smarter and more matured

It's not because people are "smarter and more mature." We will definitely see another parabolic rise eventually, it's just too soon. It's only been a few months since the bottom of the bear market.

At this point in 2015, we were still more than a year away from the parabolic phase of the bull market. The same is probably true now. The chart probably won't go vertical again until we make a new ATH at $20K. My guess is, that'll happen some months after the halving next year.
member
Activity: 308
Merit: 35
May 29, 2019, 11:40:10 AM
#40
I thought it wont.

But at this fast pace then it might really break that 5 digit mark again.
So scary though. I dont want to see another year full of FUDs against bitcoin.

If that ever happens. Get ready to a lot of memes again. Also, a large quantity of investors will be looking where to sell their bitcoin.
I dont think they will go USDT. Better get your hands with other coins too.  Grin

You really think that there is a possibility that the end of this year will be a big pump, and the year of the halving it will be a bear year and dump? This scenario makes zero sense, and anyone planning for such an event is really out there because logic and history both say this is impossible.
hero member
Activity: 3052
Merit: 651
May 29, 2019, 11:23:46 AM
#39
I thought it wont.

But at this fast pace then it might really break that 5 digit mark again.
So scary though. I dont want to see another year full of FUDs against bitcoin.

If that ever happens. Get ready to a lot of memes again. Also, a large quantity of investors will be looking where to sell their bitcoin.
I dont think they will go USDT. Better get your hands with other coins too.  Grin
member
Activity: 308
Merit: 35
May 29, 2019, 10:53:04 AM
#38
~~
Thanks
My prediction I feel is the same as what you think.
that bitcoin will move through $ 10K for the next few weeks. if it happens that a positive movement of bitcoin will occur and it is possible that what has happened in 2017 with bitcoin will be repeated this year.
maybe even more.

I'm sorry but the real action should be in 2020-2021 and not this year. But it is good to see the price to hit $10k in the next coming weeks or month. But I have to say that if we wanted to see 2017 again, it should be around after the bitcoin block halving event.

Absolutely correct mate, kindly look at this chat which has just explained more of the verbal Bitcoin halve from History.


With this simple explanation, the next Bitcoin halve should be expected after the halve and not before or during the Bitcoin halve in 2020. But the demand has risen for Bitcoin, which means they are buying against the Halve.

This halving cycle is looking different from prior ones. Right now we are at the equivelant of late May 2015, and just compare - this time the price is doing far better. I think miners aren't being so stupid, instead of selling as they mine they are selling enough to pay for mining costs and holding the rest. They are doing this because they are confident of the price going up over the next 2 years, whearas before it was just a huge question mark what would happen after the next halving.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
May 29, 2019, 09:51:46 AM
#37
~~
Thanks
My prediction I feel is the same as what you think.
that bitcoin will move through $ 10K for the next few weeks. if it happens that a positive movement of bitcoin will occur and it is possible that what has happened in 2017 with bitcoin will be repeated this year.
maybe even more.

I'm sorry but the real action should be in 2020-2021 and not this year. But it is good to see the price to hit $10k in the next coming weeks or month. But I have to say that if we wanted to see 2017 again, it should be around after the bitcoin block halving event.

Absolutely correct mate, kindly look at this chat which has just explained more of the verbal Bitcoin halve from History.


With this simple explanation, the next Bitcoin halve should be expected after the halve and not before or during the Bitcoin halve in 2020. But the demand has risen for Bitcoin, which means they are buying against the Halve.
member
Activity: 210
Merit: 13
May 29, 2019, 09:42:32 AM
#36
I watch Bitcoin charts every day and I see that Bitcoin is in an uptrend and now it can even be considered a bull run. The price of Bitcoin right now is $8,708.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
May 29, 2019, 09:23:24 AM
#35
instead of waiting for some arbitrary high price you should start opening your eyes and see that the bull run had started a couple of months ago when the accumulation in $3k range came to an end and the breakout happened. almost all traders were on board of the rise by then and they slowly came back in hence the current price that is 150% higher than that.
sr. member
Activity: 812
Merit: 250
May 29, 2019, 07:28:28 AM
#34
today.  the BTC market create a stable market and sometimes create short volatility.  I see that the Bull run BTC is still slow.  so altcoin also grows slowly. 
in the end of this year BTC will reach $ 10K.  don't panic and don't be affected by every FUD.  but hold and hold.
Is it not too far away that you predict that Bitcoin will reach 10k at the end of the year?
some people even predict it in the near future.
legendary
Activity: 1302
Merit: 1037
May 29, 2019, 04:27:41 AM
#33
The next bull run is already here, I don't know if this thread is looking elsewhere for the bull. Price breaking $8,0.. is a sign that we are approaching $9 / $10,000 soon.

if I have the power to move the market, I would do that as it would surely give me a nice return even buying at the current price now.

Unfortunately for you, you don't have such powers, so price will not move at your pace but with the way it is already going  Grin

This exactly is the problem, prices don't seems to move in the way we sometimes except but I am optimistic this will go in the way of bullish though. Anything is very possible in this crypto space.

We could not expect that the market would be following our own wishes...we are all just part of this ecosystem and there are many factors and players involved in this marketplace though our own actions can create ripples. As for bitcoin holders, being optimistic is the first and foremost requirement otherwise we should just left this industry. Right now, things are getting very bullish and soon bitcoin can be going to the "moon" to the delight of all its supporters. The bull run is happening right now but it is not entirely like what we experienced in 2017 where it went parabolic.
This reality is what a lot of crypto believer fails to face concerning the coin they are holding, they feel the market is only controlled by speculation alone and that is why they always predict some unimaginable figures to the extent of believing it themselves just because they want the market to always flow in their own way.

Bitcoin 2017 was still at its early stage then, where it was new to people and that is why hype could work easily and we see that the increase was mostly from FOMO buy. Right now, bitcoin isn’t new to anyone again, and people will not listen to opinions or FOMO news to invest, but rather see the need for t before they commit money into the market. I think what we should be looking at now is how we can be encouraging people to accept it as utility coin more than just investment.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
May 29, 2019, 02:23:50 AM
#32
Hello guys
With the recent pump being experienced with btc, could this be the next pump and break out to $10k0and above?
What should one look out for.
Thanks
$10,000 is not a big mission anymore, we are at $8500 now and price is very bullish.
Of course, we will not see a parabolic rise yet like before since people now are smarter and more matured, we will be there and we are gonna see a slow price movement uptrend, but definitely a consistent one.

Don't get too excited, just look at the news rather than analyzing the price movement as news and speculation are more relevant now.
hero member
Activity: 2660
Merit: 551
May 29, 2019, 12:09:19 AM
#31
Hello guys
With the recent pump being experienced with btc, could this be the next pump and break out to $10k0and above?
What should one look out for.
Thanks
My prediction I feel is the same as what you think.
that bitcoin will move through $ 10K for the next few weeks. if it happens that a positive movement of bitcoin will occur and it is possible that what has happened in 2017 with bitcoin will be repeated this year.
maybe even more.

I'm sorry but the real action should be in 2020-2021 and not this year. But it is good to see the price to hit $10k in the next coming weeks or month. But I have to say that if we wanted to see 2017 again, it should be around after the bitcoin block halving event.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 28, 2019, 10:19:00 PM
#30
Hello guys
With the recent pump being experienced with btc, could this be the next pump and break out to $10k0and above?
What should one look out for.
Thanks
My prediction I feel is the same as what you think.
that bitcoin will move through $ 10K for the next few weeks. if it happens that a positive movement of bitcoin will occur and it is possible that what has happened in 2017 with bitcoin will be repeated this year.
maybe even more.
sr. member
Activity: 854
Merit: 281
May 28, 2019, 10:02:56 PM
#29
Hello guys
With the recent pump being experienced with btc, could this be the next pump and break out to $10k0and above?
What should one look out for.
Thanks

Technically, there is not much resistance between now and $20,000. There could be all kind of catalysts - such as Bakkt and Fidelity launching - or perhaps it will be mysterious buyers on a random Sunday causing a renewed breakout. I think the break to $10,000 and above will take place within the next couple of months.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
May 28, 2019, 09:25:46 PM
#28
The next bull run is already here, I don't know if this thread is looking elsewhere for the bull. Price breaking $8,0.. is a sign that we are approaching $9 / $10,000 soon.

if I have the power to move the market, I would do that as it would surely give me a nice return even buying at the current price now.

Unfortunately for you, you don't have such powers, so price will not move at your pace but with the way it is already going  Grin

This exactly is the problem, prices don't seems to move in the way we sometimes except but I am optimistic this will go in the way of bullish though. Anything is very possible in this crypto space.

We could not expect that the market would be following our own wishes...we are all just part of this ecosystem and there are many factors and players involved in this marketplace though our own actions can create ripples. As for bitcoin holders, being optimistic is the first and foremost requirement otherwise we should just left this industry. Right now, things are getting very bullish and soon bitcoin can be going to the "moon" to the delight of all its supporters. The bull run is happening right now but it is not entirely like what we experienced in 2017 where it went parabolic.
Don't just stop there mate, let's hope that bull run will commence to what 2017 did happened. When there's a trend, the probable rise is always a big potential to become possible. We can't expect all things to be the same, maybe right now with 2019 differs from 2017 but in any aspect it could be much  brilliant compared with previous bull run.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
May 28, 2019, 06:28:04 PM
#27
The next bull run is already here, I don't know if this thread is looking elsewhere for the bull. Price breaking $8,0.. is a sign that we are approaching $9 / $10,000 soon.

if I have the power to move the market, I would do that as it would surely give me a nice return even buying at the current price now.

Unfortunately for you, you don't have such powers, so price will not move at your pace but with the way it is already going  Grin

This exactly is the problem, prices don't seems to move in the way we sometimes except but I am optimistic this will go in the way of bullish though. Anything is very possible in this crypto space.
So we do not yet see the real bull run happen until now because the price does not increase so high and the price still is back to the lower price over and over again.
Maybe we need more time to see the bull run will happen, but it will happen later, and we should be patient to wait.
Yes, I agree that the next target of bitcoin price will be at $9k-$10k and stable for a while in that price and then the price will increase higher and reach the next high target price.

In my opinion in the recent movement of the price we had experience sudden pumps and a little bounce back, But all I see is pump I really think this is an indicator of the bull market at work, And I think it will continue for many years to come just like the long periods that we are in a bear state this will surely take time to increase in value, And the price will surely sway a different tone because of volatility this is normal with cryptocurrency in my opinion.
There are dozens of good news about bitcoin and that news should be the main reason. Bitcoin was getting a short time period of correction but i jump even more than $600 just in a night and it's still increasing on its value. Volatility is a common thing but what makes it become a very important part caused by the fundamental news related to the crypto that can affect the volatility.
This time fundamental was playing a big role in the market.
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