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Topic: Your thoughts for half year - page 3. (Read 944 times)

full member
Activity: 994
Merit: 117
July 14, 2021, 07:28:07 AM
#85
This year has been fantastic in my opinion, when some countries are experiencing a pandemic due to covid 19 but the crypto market is booming and continues to break the deadlock that exists among the crypto community, I personally didn't think that Btc and other top altcoins could pass ATH in 2017. hope the whole year 2021 will be bullish and will make another new ATH every year.
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
July 14, 2021, 06:57:33 AM
#84
In the first half year, we experienced the longest bull run in history and also produced unprecedented ATHs of all the top coins in the market.  If you miss the first race, the next race is still in the game, for me this is the best dip, I keep emphasizing 'if you can't keep, you can't get rich' 'CZ  to speak.  Lol.  On your chart is a pessimism, I think there is no big reason to continue the downtrend, we have gone through a period of crazy suppression from China, bitcoin is still very strong.  The 28-30k threshold, could be the key to breaking out of the bear market.

How is that the longest bull run in history though? I think the 2017 one started in February when it broke ATH and lasted all the way to the new ATH in December, just one month short of making it 12 months (1 year),,, whereas we saw our ATH quite early after breaking 20k, and now are at half of the 63k ATH. So tell me which chart am I seeing wrong?Smiley

Stop quoting CZ:p
full member
Activity: 784
Merit: 108
July 14, 2021, 02:38:22 AM
#83
I'd rather think that the rest of the year will be a bearish market situation, it's hard to expect a new bull run when it just happened this year, it doesn't work that way and we can always verify that by looking at the price history of bitcoin.

Look at the gap.

https://coinmarketcap.com/currencies/bitcoin/


In the first half year, we experienced the longest bull run in history and also produced unprecedented ATHs of all the top coins in the market.  If you miss the first race, the next race is still in the game, for me this is the best dip, I keep emphasizing 'if you can't keep, you can't get rich' 'CZ  to speak.  Lol.  On your chart is a pessimism, I think there is no big reason to continue the downtrend, we have gone through a period of crazy suppression from China, bitcoin is still very strong.  The 28-30k threshold, could be the key to breaking out of the bear market.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
July 13, 2021, 02:47:43 PM
#82
Since I believe that the crypto market has a cyclical nature and each cycle is equal to four years, and also at the end of each cycle there is always an increase in prices for cryptocurrencies, I can assume that closer to the end of this 2021, somewhere in October - November, we we can see another round of growth in the price of cryptocurrencies. Also, some analysts call the current cycle a super cycle and that there should be two rounds of growth in 2021. We have already seen one, so there remains one more. Unfortunately, summer is likely to be just flat and it is unlikely that we will see a normal price movement. Also, at the end of summer, we may see another fall, and after, as I wrote above, the crypto market is waiting for another flight to the moon.
That is something I do not agree with, I do not think that there is a pattern in the crypto world. For example if you believe that it is "4 years" then it can be easily disputed, just to prove it the price of bitcoin went up a whole lot in 2014 to 1400 dollars (it was around 100-200 dollars) and then went lower, then in 2017 it became 20k, that is 3 years and not 4 years. Then in 2020 it started to go up and it reached above the previous 20k and went to 30k dollars before 2020 ended, that is still 3 years.

So that means it is not cycle of 4 years, it is 3 years if you really believe that type of thing. I do not believe that, I think it doesn't have a pattern, it is just at certain times bitcoin has some hyped up periods where everyone gets really crazy about it and it could be either 1 year or 5 year but it does happen, it is not really a pattern.
You are right about the fact that there is no 4 year cycle, even maybe not a 3 year cycle who knows? So far it looked like there is one but maaaybe in 2023 or so we may not see an increase and that will be thorn apart (so far there is one in every 3 years so we can't disprove it honestly). However what I believe is that there are patterns in crypto for sure, not patterns in yearly cycles but patterns about how it goes up and down constantly the same way. I believe that we go up beyond the previous ATH and then stay above the previous ATH and that is the pattern, or whenever Bollinger band does something there are 3 possible outcomes, or when MACD does that then this happens etc etc.

This is why I do not think that there is anything specific, but there is definitely something that could be changed so we can't call them all patterns or we can't call them not patterns, because patterns are things that happen once in a while and sometimes they do until they don't and when they don't happen they are broken so until they are broken they are called patterns, so they are Schrodinger's pattern at that point.
hero member
Activity: 2772
Merit: 645
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July 13, 2021, 08:26:53 AM
#81
We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH.
What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.

Will the market go higher or lesser?

What is your fate as we have moved to next part of the remaining year.


I think year 2021 is a an amazing year for crypto we all witness the rising of the price of bitcoin on start of the year 2021 so the bitcoin price and the top altcoin will maybe rise before the year end. If we are going look at the price today bitcoin is at 33k$ so I think we still have a great chance of rising, but if bitcoin price drop down below 20k$ in the next few days maybe I will say that the price will fall before year end. It always depend on the next update on the market so we need to wait for it.

It's amazing if you have already enjoyed cashing out during the bull run, and it seems the bull run is already off due to chine crypto ban and other bad news, so we might not see bitcoin and the crypto market pumped. In the past few days, bitcoin is still serving to stay a $30kish, but I believe it will not last long, soon enough the price will dump and $20kish will welcome us once again.
sr. member
Activity: 951
Merit: 250
July 13, 2021, 05:45:54 AM
#80
We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH.
What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.

Will the market go higher or lesser?

What is your fate as we have moved to next part of the remaining year.


I think year 2021 is a an amazing year for crypto we all witness the rising of the price of bitcoin on start of the year 2021 so the bitcoin price and the top altcoin will maybe rise before the year end. If we are going look at the price today bitcoin is at 33k$ so I think we still have a great chance of rising, but if bitcoin price drop down below 20k$ in the next few days maybe I will say that the price will fall before year end. It always depend on the next update on the market so we need to wait for it.
sr. member
Activity: 1414
Merit: 326
July 13, 2021, 03:14:10 AM
#79
No doubts but the first half of the year went extremely well for everyone involved. Bitcoin went up I don't even know how much, but it did so well that there shouldn't be any criticism.
I agree that the market means there will be ups and downs no one can say when it will turn those who were in the early position pumped a lot the future is going to be better in this half year as the market is rising again.
sr. member
Activity: 1666
Merit: 292
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July 13, 2021, 12:37:27 AM
#78
I'm still pretty comfortable with everything, despite having lost almost 50% of my money during the last few months with this market. But I'm still very optimistic, maybe things will soon get back to the better side, and for sure it will.
hero member
Activity: 1064
Merit: 638
July 12, 2021, 02:16:49 PM
#77
Based on my own analysis and back testing of the market, there is more change for price to retrace to $40k before going below the current support. From now to the year of the year, I see price ranging. There is still hope for Bitcoin to go bullish after this year with more traders and investors entering the market.
You are right because from the current scenario it seems that we will be bearish for the next few months. But still, institutional investors can surprise us, whether they move the price upwards or downwards.
legendary
Activity: 2338
Merit: 1124
July 12, 2021, 01:55:59 PM
#76
Since I believe that the crypto market has a cyclical nature and each cycle is equal to four years, and also at the end of each cycle there is always an increase in prices for cryptocurrencies, I can assume that closer to the end of this 2021, somewhere in October - November, we we can see another round of growth in the price of cryptocurrencies. Also, some analysts call the current cycle a super cycle and that there should be two rounds of growth in 2021. We have already seen one, so there remains one more. Unfortunately, summer is likely to be just flat and it is unlikely that we will see a normal price movement. Also, at the end of summer, we may see another fall, and after, as I wrote above, the crypto market is waiting for another flight to the moon.
That is something I do not agree with, I do not think that there is a pattern in the crypto world. For example if you believe that it is "4 years" then it can be easily disputed, just to prove it the price of bitcoin went up a whole lot in 2014 to 1400 dollars (it was around 100-200 dollars) and then went lower, then in 2017 it became 20k, that is 3 years and not 4 years. Then in 2020 it started to go up and it reached above the previous 20k and went to 30k dollars before 2020 ended, that is still 3 years.

So that means it is not cycle of 4 years, it is 3 years if you really believe that type of thing. I do not believe that, I think it doesn't have a pattern, it is just at certain times bitcoin has some hyped up periods where everyone gets really crazy about it and it could be either 1 year or 5 year but it does happen, it is not really a pattern.
sr. member
Activity: 2324
Merit: 362
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July 12, 2021, 12:30:24 PM
#75
We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH.
What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.

Will the market go higher or lesser?

What is your fate as we have moved to next part of the remaining year.

It really doesn't feel like half a year has just passed...

I stick to my prediction that until the end of this year for sure we will see bulls again. this pandemic is not over yet, people will definitely look for other alternatives to get money while cryptocurrencies are already very interesting, bullish in front of the eyes.
sr. member
Activity: 1428
Merit: 275
BitByte Crypto: https://link3.to/bitbytecrypto
July 12, 2021, 11:37:07 AM
#74
I'd rather think that the rest of the year will be a bearish market situation, it's hard to expect a new bull run when it just happened this year, it doesn't work that way and we can always verify that by looking at the price history of bitcoin.

Indeed, we're going to enter into bearish market soon or we can say that we're on the starting phase of it. Like previous market, we could see another small rebounding from current price level. After that, market will enter into bearish market if we don't get huge volumes in that time. So we just need to wait for that time to be sure about it, but history will repeat without any doubt.  Wink
legendary
Activity: 2674
Merit: 1226
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July 12, 2021, 10:53:13 AM
#73
I'd rather think that the rest of the year will be a bearish market situation, it's hard to expect a new bull run when it just happened this year, it doesn't work that way and we can always verify that by looking at the price history of bitcoin.

Agree. I'm happy to consider that we've entered a bear market or crypto winter or whatever it's called, ready to wait for another 3/4 years before the next.

And if I'm wrong, and we do see another rally unexpectedly, I'm still a winner. So no harm to expect the worse and just get ready to sit on holdings tight for a long time more.
sr. member
Activity: 898
Merit: 284
July 12, 2021, 10:51:23 AM
#72
Will the market go higher or lesser?

For me the last 3 months of this year are very important for the crypto market, this dip is an opportunity for those people who want to invest in the medium term. Because I think before the end of this year all major coins will break their ATH and we will celebrate the new year with Green Market.
The market is not certain now with the ranging of price going from $50k to $30k. The market is trying to gain more force to project up before going to a particular direction. Price is still going to keep on fluctuating for  months before againing strength to hit a direction. I understand what it means for traders who had bought at a higher price before the big fall of Bitcoin clearing investors accounts without any notice.

Trading and investing at this time is risky especially if the market is hunting stop loss but good leveraging can help one to take little risks at this time of the year where a lot of things are happening. Using higher time frame to see the current condition of the market now show that the trend is bearing with few Retracement which look like the market is trying to gain force to go bullish.

Based on my own analysis and back testing of the market, there is more change for price to retrace to $40k before going below the current support. From now to the year of the year, I see price ranging. There is still hope for Bitcoin to go bullish after this year with more traders and investors entering the market.
full member
Activity: 1946
Merit: 112
July 12, 2021, 05:47:37 AM
#71
We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH.
What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.

Will the market go higher or lesser?

What is your fate as we have moved to next part of the remaining year.



Since I believe that the crypto market has a cyclical nature and each cycle is equal to four years, and also at the end of each cycle there is always an increase in prices for cryptocurrencies, I can assume that closer to the end of this 2021, somewhere in October - November, we we can see another round of growth in the price of cryptocurrencies. Also, some analysts call the current cycle a super cycle and that there should be two rounds of growth in 2021. We have already seen one, so there remains one more. Unfortunately, summer is likely to be just flat and it is unlikely that we will see a normal price movement. Also, at the end of summer, we may see another fall, and after, as I wrote above, the crypto market is waiting for another flight to the moon.
hero member
Activity: 2870
Merit: 612
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July 12, 2021, 12:57:39 AM
#70
The cryptocurrency market is highly volatile and at that most times, our prediction may never come to reality, in this year 2021 we have seen most coins doing their all-time high with Bitcoin going $65k before coming down to a little above $30k presently. What I think will happen in the remaining half of the year is that the crypto market will remain at its corrective price stage where no significant growth will be recorded but we will have more price stability.

It is stable as of now but they were saying the fud is just starting because just recently there are going to be more regulations coming like the global coordination that will be conducted by the G20. I wouldn't really be expecting the price to be stable. Just to warn you. Not to spread more Fud but this is just so you won't be making conclusions yet.

You will still be the ones to decide what to do when you see this source.
Source: https://np.reddit.com/r/CryptoCurrency/comments/o9fd7l/governments_planning_global_coordinated/
hero member
Activity: 3024
Merit: 745
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July 11, 2021, 07:08:34 PM
#69
No doubts but the first half of the year went extremely well for everyone involved. Bitcoin went up I don't even know how much, but it did so well that there shouldn't be any criticism.
People will always have to say negative thoughts on bitcoin either the market turns into bearish or bullish. So there's no new to it.
That's true, whether bitcoin's made an amazing run for the entire run, there will always be those criticisms that we don't want to hear for being utterly negative.
We don't know if they've actually missed the run and didn't benefit from the past bull run and that's why they're saying such words that they're throwing at bitcoin.
hero member
Activity: 854
Merit: 506
July 11, 2021, 06:51:19 PM
#68
I'd rather think that the rest of the year will be a bearish market situation, it's hard to expect a new bull run when it just happened this year, it doesn't work that way and we can always verify that by looking at the price history of bitcoin.

Look at the gap.

https://coinmarketcap.com/currencies/bitcoin/



Yeah the gap quiet much, but one thing for sure is that market may bounce back and turns to bullish remember the market is being driven by news and information so any slight news may turn it up.
hero member
Activity: 3038
Merit: 647
July 11, 2021, 05:49:41 PM
#67
No doubts but the first half of the year went extremely well for everyone involved. Bitcoin went up I don't even know how much, but it did so well that there shouldn't be any criticism.
People will always have to say negative thoughts on bitcoin either the market turns into bearish or bullish. So there's no new to it.

But seeing how the market react to every negative news around, i think the market is not ready yet for a bullish trend. This bearish season will perhaps be extended and there's no other way to do but to keep hodling. The market might recover at the last quarter just like what happens most of the year with the crypto cycle. But definitely what we all have here are just pure speculations.
legendary
Activity: 3108
Merit: 1290
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July 11, 2021, 05:31:57 PM
#66
I'd rather think that the rest of the year will be a bearish market situation, it's hard to expect a new bull run when it just happened this year, it doesn't work that way and we can always verify that by looking at the price history of bitcoin.

Look at the gap.

https://coinmarketcap.com/currencies/bitcoin/

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