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Topic: Tighten your seat belts and hodl the bulls are coming. - page 2. (Read 620 times)

legendary
Activity: 2492
Merit: 1232
The bulls are on the way and we should hold as I have find it difficult to find out that bitcoin may not fall below $5,500 as it seen very difficult to fall below that level.  The bull we find opportunities to buy and push the bitcoin upwards any moment from next month.
The start of BER month might be what we really hoped for, too many already sell their investment due to continuous fall of crypto, but we just need to put more trust and patience n coins we do hold.
Well, hopefully by month on December the price will be fine and hit the highest price in the market and this month all holders expected that bitcoin will be raising up. So, yes tighten up and hold your seat belt and never gonna think just like a panic seller that make market worst ever.
And I think ETF rejection is not connected with bitcoin price since bitcoin was found is there like ETF before existed?
full member
Activity: 504
Merit: 100
Yes, you are right, but in my opinion, the increase in the price of bitcoin and bull run will be very long because there is currently no good news that could trigger price increases at the exchange place.
hero member
Activity: 1022
Merit: 538
I am assuming that the bull started at the time when the price of bitcoin is at around 8000 but again, it did failed again. Another failed rally has been done and this is very crucial because the 3rd failed rally can cause bitcoin's price to go lower than its key support of 6000. This is just a speculation and one thing is for sure at this moment, I don't see any bull incoming in the next weeks.
Honestly I was also expecting prices to touch $9000 and then $10,000 at those times but it had fallen to $6100 range again. As of now, I am expecting prices to stay above $6000 even the bulls may remain sleeping but I do not want bears to take no more control. A range bound between $8000 to $6000 also good for me for some more time but breaking the support of $6000 is highly not preferred unlike the previous fall from $9800 to $5700 levels.

Narrowing down the oscillation of market's range bound will always end up in breaking the upper side. If bitcoin holds above $6000 levels then another rally will definitely break the $10,000 prices. The coming weeks of bitcoin market will be highly crucial for the investors and close market observers.

I will not fasten my belts until finding enough confirmations. Yes, I need more confirmation by breaking the big resistances of $10,000 before assuming the possibilities of new ATH.
sr. member
Activity: 503
Merit: 250
The bulls are on the way and we should hold as I have find it difficult to find out that bitcoin may not fall below $5,500 as it seen very difficult to fall below that level.  The bull we find opportunities to buy and push the bitcoin upwards any moment from next month.
The start of BER month might be what we really hoped for, too many already sell their investment due to continuous fall of crypto, but we just need to put more trust and patience n coins we do hold.
member
Activity: 238
Merit: 10
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Yeah we should do right now is to hold and tighten our seat-belts while we are still in the bearish market. Good time to buy when we see the prices in the market continues to fall. Let's hope that the bull will come soon and conquer this bear to end this bloodbath.
legendary
Activity: 2576
Merit: 1043
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I am assuming that the bull started at the time when the price of bitcoin is at around 8000 but again, it did failed again. Another failed rally has been done and this is very crucial because the 3rd failed rally can cause bitcoin's price to go lower than its key support of 6000. This is just a speculation and one thing is for sure at this moment, I don't see any bull incoming in the next weeks.
member
Activity: 299
Merit: 15
The current market is weak. Do you think it's still possible to come to the bulls? The bull market is hard to come by without a long-term decline, at least not in the current five months.
sr. member
Activity: 882
Merit: 282
The bulls are on the way and we should hold as I have find it difficult to find out that bitcoin may not fall below $5,500 as it seen very difficult to fall below that level.  The bull we find opportunities to buy and push the bitcoin upwards any moment from next month.
full member
Activity: 476
Merit: 100
I doubt those SEC guys are serious to allow it. They pushes the decision for another 60 days and I feel like they are playing with us and their accomplices who take advantage of investors who are expecting a massive increase. They sell the news that it's going to happen then that is the time they also sell bitcoin when it goes up and buy it again and repeat the ridiculous ETF decision.
legendary
Activity: 1946
Merit: 1137
it seems like about a month ago when the ETF hype started to become widespread so little number of people knew that this is going to be more of bad news than be good news. and so far we have had a volatile uncertain market with nobody knowing what to do and everyone being scared of ETF rejection news that can crash the market again.
i think people like OP may now wish they never hyped it up as they did... maybe we wouldn't have seen this situation if there wasn't as much hype about ETF as it was and we could have been rising already.
full member
Activity: 658
Merit: 108
Based on this question yes it is coming soon because of market conditions also many people are waiting for too long based on this will helpful for market also investors will earn a huge profit from it I think.   
How are people waiting for too long? Bitcoin has gone up from $800 to nearly $20,000 last year, don't you think we should allow the market to figure out slowly what price to bottom out at?

The previous bear market took around 1.5 years to bottom out, and we might be up for something similar this time. People's high expectations are worth nothing with how the price keeps going down continuously.

The only proper way to deal with a bear market is dollar cost averaging on the way down. It's the only way to accurately buy the bottom once it's in, and even an utter noob can do it.

I also think we should wait. But sooner or later a new all time high will reached. After the 2013 big price, it took about 3 years to reach a new all time high.
legendary
Activity: 1526
Merit: 1179
Based on this question yes it is coming soon because of market conditions also many people are waiting for too long based on this will helpful for market also investors will earn a huge profit from it I think.   
How are people waiting for too long? Bitcoin has gone up from $800 to nearly $20,000 last year, don't you think we should allow the market to figure out slowly what price to bottom out at?

The previous bear market took around 1.5 years to bottom out, and we might be up for something similar this time. People's high expectations are worth nothing with how the price keeps going down continuously.

The only proper way to deal with a bear market is dollar cost averaging on the way down. It's the only way to accurately buy the bottom once it's in, and even an utter noob can do it.
newbie
Activity: 336
Merit: 0
Based on this question yes it is coming soon because of market conditions also many people are waiting for too long based on this will helpful for market also investors will earn a huge profit from it I think.   
member
Activity: 1022
Merit: 20
RiveMont
At the moment manipulatord have been successful in crashing the market by spreading the old news of winklevoss btc etf rejection but the real new etf decision is coming in september and it is highly likely that sec will approve it this time and btc is gonna really sky rocket if it gets approval.
hero member
Activity: 840
Merit: 502
Yes, The bull run is about to start and we should hold the coins for getting the best price. The time is good for buying some new coins too if one can afford. Good days has come finally.

The price has been going down consistently in the last week, I know that I would like to see a bull market soon as well but my instinct is telling me that is probably not going to happen, so what are you going to do if that happens? One of the biggest problems I see among the forum members is that they have a plan but when that does not work they do not have a backup plan just in case things do not go their way.
newbie
Activity: 476
Merit: 0
Yes, The bull run is about to start and we should hold the coins for getting the best price. The time is good for buying some new coins too if one can afford. Good days has come finally.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
Winklevoss ETF got rejected recently and the price dropped by $300. If all the other ETF will get rejected in the next months, you'd need a huge miracle to see a bull run in this year. But even if ETF will get approved, the price won't necessary skyrocket, because traders are buying the rumors and selling the news, and the rise from $6,000 to $8,000 could be the whole gain from ETF. So, the market can turn bearish any moment, and being bullish now is a big risk, unless you have strong hands to hodl no matter what.

If an ETF actually gets approved, it will definitely pump. This would not be a buy on the rumor sell on the news scenario. There have been multiple attempts at an ETF launching that have been rejected. The market already has this possibility built into the price. when it gets denied there is a small dump, but the market usually immediately recovers from that dump. The market will violently react once there is a headline that reads "First Bitcoin ETF Approved by the SEC". There would be no reason to sell on this news, as we already accept the possibility of ETF denial.

An ETF is what everyone has been speculating/waiting for, for years. The day it happens, I guarantee we will see a pump.
legendary
Activity: 3024
Merit: 2148
Winklevoss ETF got rejected recently and the price dropped by $300. If all the other ETF will get rejected in the next months, you'd need a huge miracle to see a bull run in this year. But even if ETF will get approved, the price won't necessary skyrocket, because traders are buying the rumors and selling the news, and the rise from $6,000 to $8,000 could be the whole gain from ETF. So, the market can turn bearish any moment, and being bullish now is a big risk, unless you have strong hands to hodl no matter what.
full member
Activity: 462
Merit: 100
yes you are right if you want to get a very good profit then you should be able to hold the bitcoin and the assets you have lest you sell in cheap price because it will harm you.
newbie
Activity: 294
Merit: 0
Generally  many investors are waiting for this news because of the market conditions based on this bull run will help coin to increase their price and this will be helpful for market too also people who are holding coins they will earn more profit.
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