What is your opinion on recent bull market, will it be over soon? - page 4.

lixer

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Quote from: Reatim on October 27, 2021, 09:57:13 PM

if this dumping continue(as today bitcoin again downfall to 50k level) then end year will be bearish like 2018 and 2019 does.

You mean 50k region? Because, I am seeing right now bitcoin is trading above $61k after testing $58.4k levels.

This year may end like how we finished off 2013 and 2017 and NOT like 2018/2019.

There are lots of uncertainty about when and where the current bull run will end up. Some people started speculating like we will have continuation of bull run till 2nd quarter of 2022 and all other are speculating about the same 4 year cycle of bitcoin which means we will have bull run till this December and then bears will get into action which may last till end of 2022.

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Quote from: marine4u on October 25, 2021, 05:34:52 AM

The bull market will never end as long as hyperinflation remains in the alley. Jack has issued a warning about it if bitcoin reacts to something coming. It will even be bigger. Jack's arguments and evidence are not without reason. The problem is its climax to begin with. I suspect this has big impact and bitcoin represents the next big thing. If we go into the end of the year with $100k or so, it won't surprise me. Bitcoin will completely change the upcoming game.

Jack who? are you referring to which celebrity here? if bitcoin will not stop the Bull then the whole market will benefit , altcoin will climb high and the legit project will finally find their place in this market.

But if this dumping continue(as today bitcoin again downfall to 50k level) then end year will be bearish like 2018 and 2019 does.

TravelMug

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^^ Yes, but so far we haven't felt the positive effect of that news because the price goes down a bit again into $58k.

But the fall might be short term, we've seen this kind of correction after reaching a ATH. At least we should look in the next two months what will gonna happen to us. It's $100k++ or never, LOL. Seriously, there's high expectations about it and hopefully it will become true. So I will say that the bull market is still on and we have a lot of leg room to squeeze 6 digits.

Natalim

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Quote from: AmoreJaz on October 27, 2021, 06:23:53 PM

Quote from: Sanitough on October 27, 2021, 04:47:07 PM

Quote from: bots1 on October 27, 2021, 01:29:39 PM

I think that after bitcoin has reached ATH in the last few days, there will still be potential for Bitcoin price to rise beyond the all time high that was reached a few weeks ago depending on positive sentiment in the future. Therefore, the market is in a bullish state at the moment.

As long as bitcoin stays being bullish, altcoins too are also in the same position. Although not all altcoins have been making a price surge, but most of the potential altcoins are influenced by the bullish price of bitcoin. And if we based on some indicators, there are high chances that this bullish market will last until december which i think bitcoin may reach another all time high.

However, we cannot tell if a serious problem hits the market which will influence the price movement of both bitcoin and altcoins, then it can be said that its bearish season has come earlier than expected.

we may really see a new ATH before this year ends. the sentiments from the market is different from previous years. and now, mastercard announced the acceptance of crypto debit/credit cards with their partner banks. i guess, we are really heading to good market adoption.
so it is only a matter of time before we see the price of BTC going up again.
the up and down will always be there, but i dont think we are stopping in the 60k+ level for BTC.

Mastercard announcement brings another good news in crypto that is expected to cause more pump in crypto prices. I really believe that this market will not just stop easily from being bullish because there are still more surprising news that will come before this year ends. We can expect for bitcoin and ethereum to reach new ATH this time that will cause significant pumps too for most of the altcoins. So this bullish season we are experiencing right now will not be over soon as the whole crypto market has just started to become bullish.

AmoreJaz

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Quote from: Sanitough on October 27, 2021, 04:47:07 PM

Quote from: bots1 on October 27, 2021, 01:29:39 PM

I think that after bitcoin has reached ATH in the last few days, there will still be potential for Bitcoin price to rise beyond the all time high that was reached a few weeks ago depending on positive sentiment in the future. Therefore, the market is in a bullish state at the moment.

As long as bitcoin stays being bullish, altcoins too are also in the same position. Although not all altcoins have been making a price surge, but most of the potential altcoins are influenced by the bullish price of bitcoin. And if we based on some indicators, there are high chances that this bullish market will last until december which i think bitcoin may reach another all time high.

However, we cannot tell if a serious problem hits the market which will influence the price movement of both bitcoin and altcoins, then it can be said that its bearish season has come earlier than expected.

we may really see a new ATH before this year ends. the sentiments from the market is different from previous years. and now, mastercard announced the acceptance of crypto debit/credit cards with their partner banks. i guess, we are really heading to good market adoption.
so it is only a matter of time before we see the price of BTC going up again.
the up and down will always be there, but i dont think we are stopping in the 60k+ level for BTC.

Sanitough

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Quote from: bots1 on October 27, 2021, 01:29:39 PM

I think that after bitcoin has reached ATH in the last few days, there will still be potential for Bitcoin price to rise beyond the all time high that was reached a few weeks ago depending on positive sentiment in the future. Therefore, the market is in a bullish state at the moment.

As long as bitcoin stays being bullish, altcoins too are also in the same position. Although not all altcoins have been making a price surge, but most of the potential altcoins are influenced by the bullish price of bitcoin. And if we based on some indicators, there are high chances that this bullish market will last until december which i think bitcoin may reach another all time high.

However, we cannot tell if a serious problem hits the market which will influence the price movement of both bitcoin and altcoins, then it can be said that its bearish season has come earlier than expected.

bots1

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I think that after bitcoin has reached ATH in the last few days, there will still be potential for Bitcoin price to rise beyond the all time high that was reached a few weeks ago depending on positive sentiment in the future. Therefore, the market is in a bullish state at the moment.

Quidat

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Quote from: Botnake on October 26, 2021, 05:45:28 PM

Quote from: ?? on ??

In my opinion the current bull market is just beginning. Since we predictors are guessing that the price of Bitcoin will be the highest this year or next year. Therefore, there are 2 more months left till the end of this year. So it can be said that Bitcoin will enter the bull market. Various analysts are predicting that this year's bull market will last a long time.

The bull market has just started weeks ago so i don't think it will come to an end soon. Bitcoin is still stuck in $60k-$61k and maybe in its two months left, that's when we see its price reaching $65k-$80k if there will be no big market crash that may leave a huge negative impact on the market. However, if that's the case, bitcoin will certainly recover as always but it will be tough for altcoins knowing some of them are not really in a high surge at the moment. Only potential altcoins do.

Some people arent still calling it a bull run but basing off on how bitcoin attained a new all time high then it would be considered to be one but basing off the spread of price and other altcoins then we cant really consider for it to be a bull run.Well, it doesnt matter if it is or not because the price had significantly moved into certain extent which we can really take advantage and able to make profits if you have
done it on the right way of trading it.

Botnake

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Quote from: ?? on ??

In my opinion the current bull market is just beginning. Since we predictors are guessing that the price of Bitcoin will be the highest this year or next year. Therefore, there are 2 more months left till the end of this year. So it can be said that Bitcoin will enter the bull market. Various analysts are predicting that this year's bull market will last a long time.

The bull market has just started weeks ago so i don't think it will come to an end soon. Bitcoin is still stuck in $60k-$61k and maybe in its two months left, that's when we see its price reaching $65k-$80k if there will be no big market crash that may leave a huge negative impact on the market. However, if that's the case, bitcoin will certainly recover as always but it will be tough for altcoins knowing some of them are not really in a high surge at the moment. Only potential altcoins do.

Taskford

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Quote from: freedomgo on October 24, 2021, 06:50:15 PM

Quote from: Taskford on October 24, 2021, 06:01:43 PM

Quote from: Yaunfitda on October 19, 2021, 11:12:49 AM

Quote from: DOH! on October 18, 2021, 05:32:35 PM

Quote from: Kinghunter0071 on September 25, 2021, 04:48:02 AM

We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.

I'm not sure what "retrace" you're referring to, but given how optimistic the market is right now, the first bitcoin ETF will do a lot of good. I'm sure the market will come up with plans to extend the optimism to that. Any crazy bull run is exciting, wait until you have ATH at 73k6 before there are days of slight drops.

Q4 is very promising for a crazy price increase, Taproot launch in November... the most important time for the market to enter a new journey will be.

Maybe what he meant is that we are all looking at December to reach a new all time high probably in the range of 6 digits. But what's going to happen after that? are we going to go bearish and have see retracement along the way?

So right now though, we are in bullish phase so from Nov-Dec there's a lot of things that can happen. We have the Taproot in November that will have a big impact and then the usual December end of the year rally. But what comes next? we really don't know.

We don't know what will be the outcome after that but what mostly happen is the dump will follow since for sure many will get enough profit and cash out after the 6 digit mark hit since this is the target of many people before they take their profits. But hopefully bitcoin price will sustain and we can see more bigger picture of it even if the price crash after huge ATH price out reach out.

The bull market for bitcoin has already started and i think it will last long maybe after this year ends. December is the target month wherein bitcoin will certainly reach its new ATH and when that happens, its a sure thing that people will go on a panic selling knowing its a holiday season and everyone will celebrate, and since its the most awaited moment for bitcoin. So after that, its always predicted that prices start to dump and we will witness again another bearish season. And with that, another opportunity comes for those who want to start buying coins while their prices are in bargain again. So there's no really lost opportunities in crypto, only weak hands do.

Hopefully that is it and the bullish state seems so strong this quarter of the year so hopefully we can see more great picture on next following month so that we can really see that price to reach another more ATH again.

I know many think about people will start to cash out their earnings due to the season but I really don't think also that it will create any huge effect since for sure many will hold as next year is so promising. The one we should look at right now is the whales so again hopefully no manipulation attacks will occur so that we can't see any disturbance of current state of bitcoin.

dezoel

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It will not be over "soon" but it is not going to go on until people think it will go on. There are too many people making calculations based on what they could do in few years and that's wrong type of thinking.

It will not keep going this much and we are not going to have any type of increase that will be something that high in the near future, sure it will go on for a few months but people are imagining a million dollars already and they are trying to calculate how richer they could get with this. I hope that people will have stop loss and stuff like that so that they would be doing fine when the price starts to crash and we do not have any type of problem with them.

Fredomago

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Quote from: ivankoh on October 25, 2021, 10:07:35 AM

Bitcoin still has room for further growth. What do you think about Bitcoin ETF, it is not necessarily a change and it is just an impetus for bitcoin to create a new era of crypto. What I have now is optimistic:
1. 200 bitcoin ATMs located at Walmart and the plan is to total 8000 machines. https://cointelegraph.com/news/200-bitcoin-atms-installed-at-walmart-with-plans-for-8000-in-total

2. Mastercard's next big move is once again showing its seriousness Seriously, it's time for it to happen. https://www.cnbc.com/2021/10/25/mastercard-says-any-bank-or-merchant-on-its-vast-network-can-soon-offer-crypto-services.html

November, I want to see a new peak ATH to prove everything they are preparing is right. Lol

Wow

With those updates it will gather more interest from people who are not yet in this market. The more it attracts new investors, the more we will see the value to pump high. Not going to limit the new time high, but what is important is the information that it will serve for the betterment of end users. Imagine seeing Bitcoin ATM in more places, a convenient for Bitcoin holder from that specific place.

We will soon hear more adoptions and embracement from institutional businesses and from the financial side of every state.

expecting corrections from time to time, but the market will continue to recover and will keep rising to more new all-time high.

wxa7115

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Bitcoin is GOD

Quote from: crzy on October 18, 2021, 03:45:53 PM

Quote from: Weng simok on October 18, 2021, 02:54:18 AM

The market is like a mountain of ups and downs, so when it goes up and when it goes down, you have to see the information that is developing at this time. a lot of positive information is happening right now so the bitcoin market often bullruns this week. a lot of information is circulating that bitcoin will again penetrate the price of $65k percoin in the next week.

Exactly, there’s no straight ladder going up, we really have to take many obstacle before reaching the peak that’s why expect a more volatile market. There’s a lot of good speculation, so I’m also positive about the price of Bitcoin and its really possible to make a new ATH this money because the bull trend is not over yet.

Which is why instead of concentrating in the end result we need to concentrate on the process, many people have the mistaken idea that if you happen to win money in a trade that was a good trade and that is not true, there are trades that we can win that were just luck and if we do this regularly then we are going to lose money.

The opposite can happen as well in which you do everything as you are supposed to do it and you still lose money, but it was not a bad trade, the market just went against your prediction really quickly, this is yet another reason why trading is so hard, as it is difficult to identify cause and effect and correct our mistakes.

ivankoh

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Bitcoin still has room for further growth. What do you think about Bitcoin ETF, it is not necessarily a change and it is just an impetus for bitcoin to create a new era of crypto. What I have now is optimistic:
1. 200 bitcoin ATMs located at Walmart and the plan is to total 8000 machines. https://cointelegraph.com/news/200-bitcoin-atms-installed-at-walmart-with-plans-for-8000-in-total

2. Mastercard's next big move is once again showing its seriousness Seriously, it's time for it to happen. https://www.cnbc.com/2021/10/25/mastercard-says-any-bank-or-merchant-on-its-vast-network-can-soon-offer-crypto-services.html

November, I want to see a new peak ATH to prove everything they are preparing is right. Lol

marine4u

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The bull market will never end as long as hyperinflation remains in the alley. Jack has issued a warning about it if bitcoin reacts to something coming. It will even be bigger. Jack's arguments and evidence are not without reason. The problem is its climax to begin with. I suspect this has big impact and bitcoin represents the next big thing. If we go into the end of the year with $100k or so, it won't surprise me. Bitcoin will completely change the upcoming game.

freedomgo

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Quote from: Taskford on October 24, 2021, 06:01:43 PM

Quote from: Yaunfitda on October 19, 2021, 11:12:49 AM

Quote from: DOH! on October 18, 2021, 05:32:35 PM

Quote from: Kinghunter0071 on September 25, 2021, 04:48:02 AM

We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.

I'm not sure what "retrace" you're referring to, but given how optimistic the market is right now, the first bitcoin ETF will do a lot of good. I'm sure the market will come up with plans to extend the optimism to that. Any crazy bull run is exciting, wait until you have ATH at 73k6 before there are days of slight drops.

Q4 is very promising for a crazy price increase, Taproot launch in November... the most important time for the market to enter a new journey will be.

Maybe what he meant is that we are all looking at December to reach a new all time high probably in the range of 6 digits. But what's going to happen after that? are we going to go bearish and have see retracement along the way?

So right now though, we are in bullish phase so from Nov-Dec there's a lot of things that can happen. We have the Taproot in November that will have a big impact and then the usual December end of the year rally. But what comes next? we really don't know.

We don't know what will be the outcome after that but what mostly happen is the dump will follow since for sure many will get enough profit and cash out after the 6 digit mark hit since this is the target of many people before they take their profits. But hopefully bitcoin price will sustain and we can see more bigger picture of it even if the price crash after huge ATH price out reach out.

The bull market for bitcoin has already started and i think it will last long maybe after this year ends. December is the target month wherein bitcoin will certainly reach its new ATH and when that happens, its a sure thing that people will go on a panic selling knowing its a holiday season and everyone will celebrate, and since its the most awaited moment for bitcoin. So after that, its always predicted that prices start to dump and we will witness again another bearish season. And with that, another opportunity comes for those who want to start buying coins while their prices are in bargain again. So there's no really lost opportunities in crypto, only weak hands do.

Slow death

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I had forgotten about this thread, a curious and funny fact, whenever cointelegraph.com publishes news like this:

Bitcoin decides fate of $60K as weekly close keeps BTC traders on their toes

the opposite happens with bitcoin, I have been observing this for a few months now, Is something very strange Grin

Taskford

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Quote from: Yaunfitda on October 19, 2021, 11:12:49 AM

Quote from: DOH! on October 18, 2021, 05:32:35 PM

Quote from: Kinghunter0071 on September 25, 2021, 04:48:02 AM

We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.

I'm not sure what "retrace" you're referring to, but given how optimistic the market is right now, the first bitcoin ETF will do a lot of good. I'm sure the market will come up with plans to extend the optimism to that. Any crazy bull run is exciting, wait until you have ATH at 73k6 before there are days of slight drops.

Q4 is very promising for a crazy price increase, Taproot launch in November... the most important time for the market to enter a new journey will be.

Maybe what he meant is that we are all looking at December to reach a new all time high probably in the range of 6 digits. But what's going to happen after that? are we going to go bearish and have see retracement along the way?

So right now though, we are in bullish phase so from Nov-Dec there's a lot of things that can happen. We have the Taproot in November that will have a big impact and then the usual December end of the year rally. But what comes next? we really don't know.

We don't know what will be the outcome after that but what mostly happen is the dump will follow since for sure many will get enough profit and cash out after the 6 digit mark hit since this is the target of many people before they take their profits. But hopefully bitcoin price will sustain and we can see more bigger picture of it even if the price crash after huge ATH price out reach out.

Woodie

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These market moves are not a one way street which just go on in one direction.

Basically for this to build the bullish momentum it has to go the opposite side in some kind of consolidation pattern which helps it build momentum to have that catapult effect to go up when the move is ready to go in this direction. But in so doing should price drop below 60k then chances are high that this bull run is coming to an end and we should be looking for selling opportunities on the retest but with the major news impact like the approval of the bitcoin etf we could be still bullish.

bitgolden

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I believe that bull market will not be over, but it will not be as strong as well. We did nearly a 2x right now, reaching from 30k to 60k it is obvious that we are not having the same type of situation anymore, we are at a level where we could not be reaching 120k, because 2x again like that would mean that we would be 120k+ and I do not see it happening. Which means that we are going to reach higher levels but not as high as we used to do, the % that we increase will not be the same.

It means that the bull run will continue, we could be 70k or 80k or even as high as 100k by the end of the year and that’s fine, but at the end of the day we may not end up with anything remotely like the one we had so far when you look at the percentage.

Topic: What is your opinion on recent bull market, will it be over soon? - page 4. (Read 1046 times)