Bitcoin Forum

Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise.

https://bitcoinist.com/bitcoin-bull-run-hasnt-started-says-analyst-after-new-peter-schiff-remarks/

What's new with Peter Schiff's commentary about bitcoin? he's a known skeptic and everything he say will always benefit him on what's the agenda he's up to.

Whether bitcoin price goes $20k rapidly, I think that he'll keep saying that's not convincing on him because he's a real skeptic. But if there's something that turn the tides and he's starting to praise it, I guess let's just expect that he has accumulated at this period.

People think differently, some says it started already, some says we are still in the bear market.
At the end of the day, we have to decide on our own and believe what we think is happening with the market.

Personally, I think the market is bullish but bull run hasn't started yet, why? because we are still stuck below $10,000 and price didn't continues its run.

No need to worry about what Peter Schicff want to say about negative skeptic thinking, Sunsilk opionion is about what Peter suggestion for bitcoin is correct, we need to learn and analysts the situation to avoid negative impression for bitcoin.

       Never mind Peter and make our own analysis for this bull run which not fully thru  to the peak of $19500 since this is the highest price of bitcoin as of 2017 happened so this is not really the bull run for this year because it's stopped already and going down a little bit .

If we are to go buy google search, the popularity has dwindled. But more importantly, there are increasing number of merchants adopting bitcoin as a payment option. Also a lot of infrastructural development on-going that possibly will enable institutions to invest in bitcoin.Overall, adoption is growing

Considering the market value of Bitcoin from January 2019 to July 2019, I believe the bull run of Bitcoin has started but it is kinda at a slow speed. Looking at the price changes from January to now, bitcoin market has experienced a drastic increased in market value..

We don't need to be rush as everything must be systematic and in must be at a perfect time. The market isn't prepared enough for another high, yet we are still struggling from being down since last week. The current price isn't enough to say that we are in the bull but then, our hopes are still there and keep believe it to happen if you have still guts to believe.

I second your opinion, bitcoin is already in bullish trend started in march/april
do not expect a straight upward chart line without any downs, that's impossible
we should expect this last up to a few months after halving day or even mid 2021
but we will see a few corrections along the way, that's normal even in a bullish market

haha, he is making the mistake that is very common among the newbies who come in bitcoin world and are blind when they look at charts :D
the mistake is comparing this year with 2017!!! this year has nothing in common with 2017 which was the peak of the bubble and the final stage of the roller coaster pattern that bitcoin has. basically bitcoin always starts slow in its rises then slowly gains momentum until it becomes fastest and biggest to end it with a bubble and then the next phase starts with the bubble burst.

now we are in the start of that slow recovery/rise. in other words 2019 must be compared with 2015 not 2017. and newbies are too lazy and naive to look at the whole chart. they only look at the closest thing (ie 2017) and try to find similarities there...

as a result, the bull run HAS STARTED already. and we are in 7th month of it.

I'm a bit confused here, Bitcoin bullrun hasn't started !!!....  Is this person new to the crypto ecosystem ?? or he is just saying things to just get the attention of people in the bitcoin ecosystem?... The bull run of Bitcoin started for a while now and its kinda in a slow phrase currently.

Peter Schiff is one of the weirdest libertarians I have ever seen.  ::)  He is a stock broker and he likes Gold, so it is not strange to see negative comments from Goldbugs like that, but Bitcoin should be every libertarians wet dream, but he is not convinced that it is fighting for libertarians goals.  ::)

I think some libertarians think precious metals is the hedge against economic collapse, but I think governments have control over global Gold reserves and even private ownership, if they want to do that. <History has shown that they can outlaw private Gold ownership>  :P

I agree on this.i dont think halving effect hasnt started yet, maybe around end of 2019.by the way it will be bloody for altcoins.

What is the point of discussing the views of a skeptic? They are probably trying to push the BTC value downwards in order to buy it at a low price or they may simply be haters who will continue dissing BTC no matter what.

Peter Schiff is just another skeptic and nothing more. True HODLERS like me ignore these people and just focus on accumulating more and more BTC.

Actually we are on a bullish market and it has started since bitcoin has increased significantly last month. It's just that the bitcoin situation is now in a period of correction, well because we know the market will not always move upward, there are times when the condition will be saturated as it is now. Now let's wait for the next market move, I still think it will go up again because the red market has gone.

As at June when the price was at the peak, bitcoin search was so high on google and so also is the greedy level of traders. More bitcoin addresses were added, actually there are no proves if it was from existing bitcoin users or new. News like this when the market is doing well are mere distraction, every trader/investors should decide what he/she wants.

I don't know, after watching his livestream I got the feeling that he really does want to believe in Bitcoin, but that no-one has been able to convince him with strong enough arguments.
That said, he seems to have some very weird notions about Bitcoin. I reckon he's just too deep into gold to entertain the possibility that Bitcoin might be better :P

That's why I saw some 'reputable' members here uses the term "mini bull-run", when we see the price dramatically grows starting from April 2 to $13800. I'm sure everyone is anticipating the massive bullpen similar at the end of 2017 after the block halving next year and pushing it to the new boundaries in 2020-2021.

it seems like some people don"t know the meaning of "bull run" they apparently define bull run as when price goes to the moon something like reaching $100k will satisfy them enough to call it that.
the reality is that bull run is when price is rising and is supposed to rise in the future too. and it makes it a good time to buy in. and now we are in a bull run. it doesn't have to reach a ridiculously high price and a big bubble for it to be a bull run. the fact that it has risen from $3k to $10k is enough reason for it.

https://i.imgur.com/9B2qlU4.jpg

I highly doubt if he got something good to say Because of Peter Schiff is a critic of Cryptocurrency even if he is totally buying or investing he is still criticizing because of his idiocy is way more ahead than the blockchain technology everything related with Bitcoin is so negative with him, He is more in favor of Gold than the new era of asset that is Bitcoin, Well we can not do something about it that is his beliefs and I never really believe a thing he is saying about Cryptocurrency instead if it is Gold his topic.

I think bitcoin now become stronger than before because the price is trying to increase and now, we see the bitcoin price reach $9865 according to bitstamp. I think we will see a new price in the next week if the situations are like now so we could hope that we will see the price will break $10k again. I am sure that if the price can reach that price, many people will be happy and they will have their optimistic back so they will have a chance to make a profit again.

How do you define a bull run?
If you think that the price will keep on increasing then you are wrong because if the price keeps going in one direction then it's a trap.
The price will probably go in the opposite direction soon. For me, if the price is increasing steadily over a period of time while having a few major and minor corrections then I would consider that a bull run.
So yeah the bull run has already started.

Its a bull with a pair of shit.

It might be getting a slow increase into adoption but it is still worth it.
We are not in haste here and it is better rather than other crypto out there which had been hyped but then forgotten which didnt even took a year.

Those kind of statements just helps bitcoin grew more.
Let us just all thank him for the negative feedback.

I don't know, maybe I'm not hanging around enough reputable members but I and at least a few others actually haven't been anticipating anything like that, at least not until 2020 at the earliest, post halving. I mean, even this mini bull took me by surprise. Should check out the prediction threads from micgoosen. The ones before the bull run were dreadfully bearish.

The market was a short period of downtrend but it got he positive trend once again .Its true the volume has decreased but it not means that it has lost it's popularity .You can't always think the similar situation will be happen again .I am thinking the market has already started the bull journey.

Bull journey, I've never heard that before, it's funny ;D  But in general, yes I agree with you. It does not lose its popularity, on the contrary, it becomes more and more popular over time.

This is stupid. Bitcoin is becoming more and more popular every year and this is indicated by many facts. The fact that people around talk less about bitcoin does not mean that the popularity is lost, but rather the opposite, that bitcoin becomes something ordinary, everyday.

Is cryptocurrency lose popularity? ??? ??? ??? This is complete nonsense! All top companies are starting to introduce the blockchain and release their coins, the crypto market attracts new traders and Bitcoin integration occurs every day. I do not want to listen to such people like Peter Schiff who say nonsense

I don't believe that crypto-currency is losing its popularity. Price up down it's just nature of crypto-currency. This isn't enough reason to loss popularity. However, I am not getting point why we should think that bitcoin isn't on bull run? It was dropped $3K and lately it was touched $13K. So why we can't say that bitcoin isn't on bull run? At least we are not on bear mode.

Actually we don't need to bother about the peter's word for even it is sceptic also it will not bother Bitcoin price for any matter. 13 many peoples who cautiously giving negative feedback about the cryptocurrencies if you mind about them we will not increase our money at all.
Just close your eyes and go to invest on Bitcoin and hold it for long term. One day it will be helpful for you at anytime.

Why did Peter Schiff decide that people are losing interest in crypto? I think that over the past 3 years, the popularity of Bitcoin became huge. If I’m not mistaken, then a few months ago, Google published the news that the number of "Bitcoin" requests in Google reached a new record. How can Peter Schiff say the opposite if there are such facts?

I don't understand why people keep wasting their time arguing with gold fanatics. One thing is to be an investor and investor investing where you know you will make a profit, he does not put feelings, but being fanatic is something dangerous. Why the hell can't one invest in both? Is there a problem investing in gold and bitcoin together? I don't understand these fanatics

He has a point.
Bitcoin and cryptocurrencies in general are not a hot topic in the media, even if the price was increasing during the last months. it seems like people has lost confidence over the industry and when the price increases, it doesn't create any buzz.

If you watch the news then you should know that famous people like to make loud statements based on the current market situation. For example, if the price of a Bitcoin falls for a week or more, then you will most likely find the opinions of "smarts" who are talking about the collapse of cryptocurrency, coming bearish market or loss of popularity to crypto among people. This is a fact and we can only observe
Just nevermind

On the contrary, I think bitcoin has gained more popularity even though the bull run is yet to begin as a lot is expected in terms of value

The bull run of bitcoin will not set into pace this year and even if it does it would be at the end of the year, somewhere in December. But from what i have been reading i think we would see the bull run of bitcoin when we enter into 2020 where we would see another halving of Bitcoin block reward. The halving will surely bring about a rise in price of Bitcoin.

Why listen to the opinions of people who are against a bull run and generally against crypto? I dont care what Peter Schiff said lol. You have to analyze the market for its own and decide for yourself whether Bitcoin will grow and whether its popularity is growing.

Though there are people that are still taking his opinion seriously because he's a known traditional investor and bitcoin is against to what he's holding. They think that his opinion is valuable and that really affects their decision.

For us, who are aware of things like this are pretty normal because we've seen a lot of personalities and people who always tell something against bitcoin. Most of us are already immune to these kinds of opinion but there are few that are worrying upon hearing such.

I believe the real bull run will start on the last quarter of this year and will carry through next year because of the halving of bitcoin. 50,000$ is the price i see by next year.

We had a nice bull run this year, from 4 to 13 thousand dollars. I don`t believe we will see the price of bitcoin over 15 thousand dollars this year, it would be nice to just get and stay there, that would be a good price to start next year with.
Bull run in a way that most of the people wish to see it will not happen this or next year. Right after halving there will be accumulation period that can last for months, even entire year. That was how it happens last two halvings, and that will happen again. Look at this:

https://miro.medium.com/max/1000/1*CM74tHoPc_PKi6DhuIMK0Q.png

Here you can see that after first halving price needed 369 days to ATH, after second havling price needed 526 days to new ATH. If trend continues we will wait more than 2 years after the halving to see new ATH, and I think it will.

There's no guarantee that the trend about halving will be followed, there are a lot of factors affecting the market already as it has existed many years and have gained a lot of investors. If the market can pump and dump, that means it can be manipulated and these manipulators can make their own trend if they want because they are in control. I partially believe on the data your shared but I fully disagree on the trend as a basis for a new ATH.

I agree with you since everything here in the crypto world is unpredictable even speculators having a hard time to guess the next move of the market. What we can do is just look at the current news and price and what will gonna happen next. Bitcoin halving will give a new ATH and i'm sure on that but i don't believe it will take a lot of time to actually see the next ATH.

I said "I think" that trend will continue, it`s just my opinion about future price movement. As there is no guarantees about future price movement you can`t say that ATH will come soon after the halving, anything can happen, so price can remain in 10-15 thousand dollars range for some time, even for entire year or more. Just will not reach new ATH just cause you believe in that.
Those manipulations you talk about are nothing new in the crypto world, same manipulators will hold the price where it is for some time, you will see.

This is a wide market and we are having different speculations from different self-made experts daily and I believe that Peter has just expressed his own thoughts concerning the market. Like others has said, "he is a skeptic" and as such he might be seeing bitcoin current state from that angle but those that have been in this market for long do know those that really predict bitcoin price through some technical and fundamental principles and setting! Someone speculates that bitcoin is going to gain over $300 today and that has happened and that is the type of speculations I do accept and not all those that predict based on emotions or selfishness.

Bah!  I've been hearing Schiff's name since about 2011 or so, when precious metals were skyrocketing.  He's an idiotic permabull on metals, and that's never a rational position to take for any investment. 

I don't know why volume was lower during this last big bitcoin movement, but I'm not reading too much into it.  It could be that a lot more bitcoin is being locked up by stringent holders who aren't selling it.  Schiff is skeptical of bitcoin, and I'm even more skeptical of Schiff and anything he says.  I've long suspected that he only makes these statements in order to keep his name in the news--and it always works, too.

It already started when the price jumped from $3500 to whatever the high was in 2019.  Right now bitcoin just seems to have stalled out somewhat, and I'm not complaining about that.  I'm confident the next movement will be up, and $20k is likely the next stop.  Not sure about $50k next year, though.  That might be a little too much of a gain.

not totally everything because there are those stable coins that dont fluctuate too much  . they are predictable   .  specualtors on the other hand should not try hard because they still cant guess the movement of the coins accurately  . speculating or predicting should not be taken seriously  .

thats not easy as it seems . news and price wont dictate the next flow of the cryptos  .

if thats true then you should confidently say that the ath will happen next year because i heard that the halving will start on 2020 .

Great illustration, now because of this I think the market price of bitcoin will not increase that much after the halving well we will see this one. We know the hype this year are better compare to first and last halving, so the days of waiting to make a new ATH might be lessen. All the best for bitcoin, nothing to worry about in long term price of bitcoin it will grow.

You know that most people will say what they have in the head based on their own level of understanding, the fact that bitcoin has not witnessed more increase like it did in 2017 does not mean it is losing popularity. First question, was the position of bitcoin in that 2017 the actually natural position or an artificially made one.

In 2017, we all know that the same way scammers saw an opportunity to scam with the system was the same way the whales saw that there was an opportunity for them to be able to manipulate the market which they did in 2017 and created artificial fomo that made the volume increased, but after learning the activities of whales, they have learnt not to fall for it again

I am not sure how bitcoin will loose its popularity when it is a new market and majority of the people are aware about the new market simply because of its price movement, if you look at the entire financial market you will not find a better performing asset than bitcoin in the past six to eight years and if any cannot see the niche here then no one can help them, any person who invested money in any financial asset has to know about bitcoin even if they have not invested in it.

He is out of his mind, the price is increasing and bitcoin recovered, so that's the opposite of losing popularity.
In the entire crypto market, the popularity of bitcoin has been increasing as evidence by the increase of dominant rate and as bitcoin continues to be useful on a day to day basis, more and more business are slowly adopting to the crypto space, and all of them knows bitcoin and maybe have invested with bitcoin as well.

People will see how strong bitcoin grows in this year, and that will make them open their eyes to follows them to invest in bitcoin. Bitcoin will not lose popularity even it will get more popular in the future. People who lose their belief in bitcoin will regret by selling their bitcoin too early, and that will make them hard to buy bitcoin again because bitcoin price will at a higher price than now. We need to be more patient to wait for bitcoin price can be back to the higher price.

Most definitely the high price we are looking for will be seen by the end of the year.
Bitcoin is not slowing down, it's still recovering and in fact in just a few days we are back at $12K now, and just like it's previous price trends, Bitcoin makes a new high after recovering from every big correction and I feel this time time we will be heading over $13K which is the high this year.

The bull run in bitcoin is expected to happen after the halving, we have seen a tremendous recovery in price after the last bear run and it is recovering really well and if the price is hovering over $10k with the halving set to happen in 2020 it is a great recovery from the bottom we had last year. In bitcoin terms a bull run means that we will see the price breaking many resistance level and taking the price to an all time high valuation before a correction, lets see how the market will react after the halving  ;).

People are buying bitcoin because of halving and many people are selling their altcoins to buy bitcoin. it reminds me of this sentence:


If we look at so many good things to come, it makes sense for people to buy bitcoin now and sell their altcoins to buy bitcoin. at this moment all the attentions are for bitcoin


I agree

Bitcoin's price need to be at least 60% of its previous ATH to be in a bull run.

That will happen soon, don't worry about that. Bitcoin price can go to the previous ATH in the future, and I think we will see that price in this year or the next year. The price now is up and down in the current price, and soon, it will start to increase high but remember, the correction will happen when bitcoin price already reaches the highest price.

I think it is even now that bitcoin is gaining more popularity than it has even gotten in the past, you cannot compare the level of people’s exposure to bitcoin this time to what the exposure was like in 2017 even when we started the bull run. There were even little or no country then paying much attention to bitcoin but rather criticizing it, but look at now, we can at least count over 10 countries now that has fully supported the use of bitcoin and some have even started to regulate it.

We cannot stop people from having regrets, and the same regret some people still have till now when they got to know about bitcoin in 2010 and never invested is the same regret they will have in future when bitcoin because like 1 million dollars and then 1 satoshi becomes 1 dollar later on.

'known sceptic'

I know Peter Schiff's stance  well and he is dead set against crypto, he is more then skeptical more like he believes BTC to be of zero worth.    He has no understanding of how this virtual item could serve any utility or hold any value long term.   If you asked him if it was Ponzi scheme, a complete fiction I believe he would answer almost in complete agreement with that.
      If you want a more balanced view or something close to a sceptic view then listen to Jim Rickards who will acknowledge Bitcoin is money.  He will also lay out the history of money which included money used via tokens such as feathers or sea shells, some of these systems held for hundreds of years.   The point being the exchange and economy between people is what is important to value and the worth of money.  

When we have a political system which undermines many people and their daily work with the money they are paid, many alternatives are possible.  If you think you are hard done by and you live in one of the top ten richest countries in the world even if you are poor then stop and think of the billions who live in 2nd or 3rd world countries and nowhere close to the source of dollar printing.  These people are crying out for an alternative to FIAT and Bitcoin is useful to them and is not zero worth.   Its hard to know this when rich and close to politics or able to vote in a rich western country.


Yep sounds like a sensible view to me.   Also we have a reaction to a loss of a dream scenario, so the realisation we arent getting a new high has some then sell.   If some sell it depresses the price for a while maybe months.  This is a normal cycle in markets, halvening is a development not an event so much.  It'll take time, eventually you get a rise a proper push more then speculation.

For now i think it is still on accumuting phase. Because we can see bitcoin price keep stable but increased slowly. Maybe we can see progress in the end of 2019 or maybe when 2020 halving come. Usually bitcoin price get hyped before it so we need or maybe wait until before halving event come. And then take profit on that time. If me usually i am wait for price that still hyped because if we late price can dumped very fast not like when it is pumped.

I bet 2020 will likely the start of the massive bull-run, specially after the block halving. History tells us that after a month or two after the halving, the price slowly rises and then will run up to the end of the year. So I'm hoping to see the same scenario again in 2020 to be able to maximise profits. So this could be a good time to accumulate and just hold and wait for the eventual bull run we wanted to see in 2020.

Why wait for the bull run when at current price movement of Bitcoin, you can earn more than waiting for the bullrun again. A friend of mine who works in a bank as a teller gave me $100 and I bought 0.01 BTC at that time at exchange rate of $9,905 and now BTC price is $11,700, she was so surprised that her money grew 18% in just a matter of days and I haven't traded yet, I just bought BTC and hold, what more if I buy Alts and trade and hit a goal of 2% per day.

Maybe if everything will be set successfully we will experience a true bull run. Unlike previous months passed, it was just frustrations for all who've waited for so long. Many expected great but failed along the way, and it seems other new comers quit with crypto because of those unexpected situations that provokes them.

Let's say the ATH is $20,000, and therefore we only need $12,000 to see a bull run, I guess we already achieved that this year as we even reached $13K this year, but there was no bull run, in fact it only resulted bitcoin to fall back even below $10,000.

You know what, you can't say as you can't guarantee anything in this unpredictable market.

As long we already prepared for dump trend that can happen anytime after pump come ( if it is realized ) we will ok. Because like what already happen, bitcoin price pumped and reach new ATH then dump come and we know some people not prepare for it and then lose. Maybe if bull run start again, this time people already know the scenario and can decide right time to get out and take profit.

one view that is becoming common these days is that what we had so far was not exactly a bull run but instead it was the recovery from the big drop. if we accept that view then this current stage is just the beginning of the bull run and we are in its accumulation phase which is the first step to launch the big rises to come.

Its a condition, not a trigger.

Hopefully everyone will think that way, they should be matured now in reading the market and don't easily expect a bull run just because BTC is recovering fast. A bull run will come in due time and we should just appreciate the market recovery now while expecting it will continue.

Even till this moment I do not think the bull run has started. Even the expectations of traders have always been cut short on the direction of bitcoin prices. It is a volatile system and as such it is very difficult to even make predictions and get them right. So, no one knows it all in crypto.

Well for me bull has stated because since long we are saying its bearish in market but now we are at good time that price is getting high. I have an eagle eye on market and trust me i noticed the price increasing every month I am sure till the year ends price will almost be recovered not only bitcoin but all alts are getting value now.

No one really knows if we are already there. Actually how can we do tell that we are already on a bull run? Cant we still consider on climbing from 3k to almost 12k price as of this moment as a bull run? People do define bull run when the price still continue to rise on reaching new peaks without even realizing that things doesn't happen always that way.
We might see some gradual increase until we realized that we are already on a bull run.

Make this scenario seems to be normal at this time. Though we aren't be in bull run today but the market is healthy already that could be an indication that anytime soon the market will surprise us. The market remain unpredictable one and we don't know when bull run will come to us but then, I keep believing that it will come sooner or later this year.

I guess bull is not really a limit, you don't need like a 60% of previous or 20% of next whatever to really consider it a bull run. There are literally people who will claim that this recent one was a bull run as well, like literally moving from 9k levels to closer to 12k is a "bull run" to some people, maybe it doesn't feel like it but that is what it is.

Hence, there is no definition of bull run for global acceptance, it is personal thing, to me when it moved from 3k to 13k that was a bull run, I don't need any further than that, it was already a bull run when it moved from 3k to over 6k because that was 100% increase so quickly, yours could be different, you may think it has to move beyond the 20k all time high to consider it bull run, it doesn't matter, that is all our personal thoughts.

Current Bitcoin's price: Since all time high -39.93 %. So are are almost there, but as everyone has pointed out, perhaps we are not yet in the bull-run. It's just people are pouring their money  because there's nothing to be new to be invested in altcoin market, as it tanks, projects take come up offers nothing to 'smart investors', so they would rather moved to Bitcoin.

Next month we might see another surge, maybe around $15,000 and I guess everyone will not say that we are in a bull-run, so let's see how it goes.

It is just because many of us here have money here in the bitcoin market that is to serve as investment that we are much more concerned about bull run. If bitcoin was being used as currency normally and it is of payment and buying of things within ourselves, then what should be of more concern to us is the adoption itself.

There can never be bull run if there is no new adoption, so better we leave the bull run issue alone and all collectively focus on how we can market bitcoin to those who are still yet to know anything about bitcoin, if we have new investors that are much come in now to start using bitcoin, bull run will not be an issue, it would be visiting the market from time to time. Notwithstanding, I am sure we will have some full development soon that will attract more adapters.

Looking forward to this, it would be great to see this price by end of the quarter and I think we will see more people saying this is the bull run already.
If that price will take place, we only need at least $5000 to get back to $20,000 and I think it's about time then to see some improvement in the altcoins market, They are not tanking anymore as they have already dip, a new bull run will create new FOMO that could waken up the long sleeping altcoins.

The altcoins are so many that it will be difficult for around 50% of them to recover even if bitcoin get to $100,000. Some of them are going to die and many of them will go into extensions and keep holding them is not the best investment decisions. Bitcoin is currently trying to hold above $10600 after getting dumped from $12200 last week.

Yes it will change even if the price of bitcoin will become one million but it will once change then no one know if it will be high or low but it's uncertain we only can make prediction according to my prediction price of bitcoin is going to high and till end of 2019 I am sure price will be more than 30k $ so bull has started from April 2019.

Most people are quite confused too about the market movement and because of the way bitcoin started increasing, that is what made it quite difficult for people to really distinguish between this uptrend and bull run, and sometimes I do believe that we may not see the fast bull run that we are all used to which has only happened once in our lifetime, and I don’t think we should completely use the effect of 2017 to conclude that it is the pattern that bitcoin will continue to follow in reaching its new ATH.

What if this time around, we will just continue to top up till we see a value that is higher than the previous ATH, and I think that will still be better than the one that happened in 2017, if we end this year with $15k, maybe before April next year, we will get to $20k and then keep increasing that way till the supply of bitcoin becomes zero.

$15K is a good price and good enough for this year, that would translate to almost 400% increase this year alone, and we can call that a good price recovery. This market is always unpredictable, everyone has their own prediction but the way the market is moving will influence people's judgment, and so far, the market moves in a bullish, so if the price continues to rise from here, people will only be more optimistic.

The bull run is not yet here and this price fluctuation that we are seeing is not something that I should complain, personally, I can make money with this price movement, when BTC is up and down of at least 10%, that already gave a great return in short term as long as we do it at the right timing.

For those who are holding for long term, they should just continue to hold and relax, BTC though sometimes drop but it's still bullish since it recovers easily, and to be in $10,000 is such a great price already compared to the price we started this year.

Relax guys ;D

The price still moving to somewhere although the sign of increasing still not showing, the price will increase soon. We need to wait for a month or so to see the price can break $11k again because it seems, the price is difficult to go up, and it stays on the price we saw. But if I check on the exchange, it seems there is a war between the buy and sells order because of the price moving so fast, and I hope that if the conditions are like that, we will going to see another surprise moment from bitcoin.

Those who are too eager to see the bull run are basically those that want to quickly exit the market, and I will stay bitcoin  bull run should stay a little longer so that they can be taught some level of patience lol.

I don’t know where they are rushing to, this was the thing that burned us in the last bull run because the market was too fast to climb, people were never used to bitcoin increasing that much and they all started dumping for profit at the same time, form that time, we are still yet to recover, now that we are gradually recovering, I think that we should just let the market start developing and slowly growing if that will not us to prematurely enter the market again, we just have to all be patient and let demand takes its cause.

Being optimistic that it will bring more can lessen your worries to hold on, the market is fluctuating and this volatile behaviors can really messed up with you if you will fall and not to be careful, be positive and keep being calm so chances to reach the pick when bull started to run high will bring a big benefits to your investment, there's no need to hurry just learned from each market movements and try harder to find you right timing.