Bitcoin Forum

"BITCOIN BULL RUN TO START ON THURSDAY (11/21) AFTER DIFFICULTY ADJUSTMENT"

https://bitcoinist.com/bitcoin-bull-run-to-start-on-thursday-after-difficulty-adjustment/

Do you think this is true?  Sure would feel like Christmas.

I really doubt it. I don't see how such a small swing in hashrate could have such an effect on the market. Seems a little bit far-fetched to believe that what's going to bring in the next bull run is a small fluctuation in mining hashrate. It may mess with the price temporarily, but I don't see it being a long term, bull run type situation.

The only thing I understood about the market is that nobody in the whole world can predict crypto prices. It is manipulated by whales and those guys are earning huge money on us, regular users. But anyways it would be awesome to get such a new year present.

What is with all of these speculation that has a specific date? Is this a trend? lol
If what that site tells is true, does this mean that this recent drop is a sign of swinging from bearish to bullish this coming Thursday? I highly doubt that too. I think this recent drop is just a normal routine of the market so don't worry everything will be back to normal again. I will watch what would be the trend this week and that might be the reason for these changes in the market.

No one is able to predict the price of bitcoin in a short period of time let alone forecasting the future price  ::), i did not expect the price to go down this much in the past few days and now we might see the price of bitcoin going down below $8k and i bet no one could have predicted those and as long as no one is able to predict those minor movements i can bet that nothing happens on 11/21 .

It seems to me like a bunch of people are throwing a bunch of crap at the wall to see what sticks. If they get it right, I'm sure they'll quote their post and say "Look, I predicted this". As for me, I think we're already in the bull run these people keep bringing up. Bitcoin has gone from below $4,000 at the beginning of this year to over $8,000. I'd say that's a pretty decent return on your investment this year. The thing is, most people fullly expect the market to just keep going up constantly without any volatility. It rarely ever works like that.

I doubt this, this could be positive thing for the space because it guarantees the health of the network but how many difficulties adjustment have we heard prior to this and do they resulted in price pump? also if not that you are bringing this up now most people do not know that there would be a difficulty adjustment of the network on the date mentioned

I hope that the article is correct but having an exact time when the bull run shall come, I doubt it. What I can see now is we might see a reversal by thursday because we're having a huge drop today.

We will see on how accurate they are.

Difficulty is one of the factors in bitcoin price. There are technical analysts as well as astrologers predicting bitcoin price rise soon. Whatever the reasons, hodlers will be rewarded over time.

To be sincere. I dont see the block difficulty adjustment leading to bull run market since the level of demand and supply are what determine the trend the market pose while block difficulty gravity of how hard it take miners to solve a block.
Which will only determine the ease of transaction confirmation and tx fee.

I really doubt with the article that thursday (11/21) is a bitcoin bull run start and i check the current value which i see the whole market is bleeding i was just thinking it maybe a kind of trap or a reversal thursday market.
Let see how the market going after few more weeks.

This may be the first time I have seen anyone predicting the exact day of the BTC increase. Perhaps the prediction has become easier, but I do not know. As far as I know, BTC is still a king who maintains its own wildness in nature and it is not that easy to predict what it will do in advance. In this respect FA is more appropirate to estimate the price, but not TA. That is why I am not convinced about this analysis.

The article is definitely one of those article that provided false predictions because those dates mentioned are holidays day which people usually spend their crypto not to mention the upcoming Thanksgiving. However, block difficulty is time span which miners spent.
With that been said, it will be next year before the bitcoin market can experience any bull run momentum.

I'm not sure though they say so.I know when bull run happened on 2017 no news that says bitcoin will reach the 19k or Bitcoin will surge high this year, so I still doubt the predictions from others, it's just a prediction could be wrong.
How could he know a bull would happen whether he would make such a situation ???

I do love the work that PlanB is doing, but something like this highly specific is interesting at least to see how would it play out. It might as well be self fulfilling prophecy now, because lot's of people are following this. I wouldn't put too much leverage on the long though, because it can be quite a zig-zag move before we go.

Yes unless he will do it for us, then I will believe what he says and be very grateful. ;D

For me it has become a habit when BTC is in certain events or whatever the coins will certainly be predictions like this, but of the many news or predictions only a few actually happened.

I say there are 5% chances that a bull run will start until the end of the year as there are few signs that point in that direction. We are still in accumulate phase of Bitcoin and altcoins so another flash dump could be possible in the next days so don't panic buy and don't panic sell.

Difficulty adjustment happens a few times per year and we're still aprox 5 months until the halv so I don't see how an adjustment could trigger a massive bull run.

Yeah, difficulty adjustment is once removed from the underlying factors of miner capitulation. A true measure of miner capitulation is the hash rate chart. A drop means machines are switching off because of zero profitability. It is said that $8,000 is the miner's break-even price.

I hope it is true even if it is highly just another hype being passed around to cause a possible pump. That is going to be hours from now. I cannot see any adjustments in the prices today that somehow give us a sign that there is a coming bull run. Or is this the calm before the storm?  ;D

All these predictions are simply saying loud dreams about what anyone would want to see. The truth is that you can't predict anything and the cryptocurrency market is very brutal for dreamers ;) I still can't see the signals of the beginning of the new bull run, so in my opinion, it is very unlikely that anything starts tomorrow.

Yeah, everyone is excited to see small signs of the bull market and I am sure they have no interest to see the developing projects after the high prices. The money seekers look for all possible variants to get out of their HODL as soon as possible. The truth is the predictions based on the various events are personal guesses and taking additional investment decisions based on pure speculation can hurt them one moe time.

11/21? I'm not seeing any  bull run, on the contrary the market suffers another pull back as the price of bitcoin and the rest of crypto continue to bleed starting this Monday. Again, all this predictions are not going to happen because investors are not willing to put their money on the market because there are no positive news.

The positive is that conversations on Bitcointalk have changed from appealing not to sell to wait, because the bull run will start at any time. I think a few more weeks and the titles of threads will start appearing in which there will be information that the train is just leaving. And in a few weeks more the bull run will start .. but it is still only my wish ;)

I hope so, BTC will have a bull run for the 21st tomorrow, but does it feel like it will really happen?
You can see the condition of BTC in the last 1 week, bleeding and there are no signs of a significant increase in BTC. So after I read carefully the prediction is very doubtful for me. I hope that information and speculation like those on the website must be reduced, because many people today are interested in BTC and Altcoin, what happens if the people who consume the news are ordinary people? very poor

All BTC price predictions have gone wrong so far and I dont think this forecast will be true. When BTC has its mood, it will touch the moon. Dont follow price predictions, just buy and hodl.

is it not too soon to announce this, if it happens tomorrow it will really stop the big players from buying cheap bitcoin, I just read the news a little bit makes sense so nothing is impossible for bitcoin to restart BULL RUN, but I think it's too fast if done at the end of this year

Everything is possible. If whales want to prepare for the fact that during halving the price will start skyrocketing, it is now the best time to start slowly buying BTC. It would not be a surprise for me if prices started to rise from tomorrow.

I have heard about this prediction too but from the source I heard the bull will start on 22 instead of 21. but if we are looking at our market right now, it does seem like that.
even if the bull does not start this month, I do not see any reason for not holding Bitcoin at least until next year.
difficulty adjustment might trigger the bull but personally speaking, I think the biggest reason for the bull would be halving, going up or not this month it does not matter for me.

The main idea is to wait for the right time and the crypto whales a lot of experience in this market during such times. Buy the rumors and sell the news. If such a thing is going to happen, the market will price this news before we jump inside the charts. The bull market will not start with weak news, the tart sound should be something related to the big news like the support by big governments.

I still doubt because the market behavior still is obvious and can be seen with our naked eyes. The market still, is having a hard time to make a comeback and it would be impossible for the recovery to take place within few days from being downed for a year. Maybe there's a possibility for such thing to happen before this year end but it won't change the fact that there's no assurance. What we should focus doing right now is to be more patient.

https://i.imgur.com/suRGJnU.png

unfortunately today bitcoin is down, it doesn't look good looking for other support at the next low price, i think this is not good news what is happening right now causes a lot of panic coming from the exchange, so just waiting for the best

I don't believe that, maybe it's just an issue (fud). bullrun can not be sure when it happens, sometimes it happens suddenly. and now it's 21/11 whether from tomorrow bitcoin will turn green again or keep going down? hmm I think it will continue to decline until christmas bitcoin is still bleeding.

its impossible since there's no clear pumps in the market and it would be difficult to determine , it's not the same like what always happened before wherein even there's no sign of market especially when ber month comes there's always a potential market gradually increasing . It's very annoying but facts as well the way how market perform nowadays. .

Maybe it was a typo and they meant to say buyer's run in like bulls to buy at a bargain.

It seems this prediction has turned out to be completely opposite and turned out a big flush down instead. Bitcoin is at support near $7500 for now so hope it bounces back from here.

yes predictions missed, what happens is a lower dump even though I personally expect the price of bitcoin can pump after touching the price of $ 7800 but I think for the price range of $ 7500 can reflect the price of the pump back, I hope like that

No, I don't see any sign that bitcoin will have bull run in this month, rather today I read an article in Cointelegraph that Bitcoin price may hit 4500 USD in this bear time. This is the lowest price of the year, it can go lower too! Therefore 21 November already passing out and BTC price keep dumping. So, one another false prediction! There are no good price predictors in crypto anymore.

Don't worry, the price of Bitcoin will continue to go up over the next few days/weeks before dropping back down again. There's a really good chance we could see $10k again during this little run. It all depends on how quickly the price moves. If it slowly goes up, then $10k or at least close to it should be hit in a few weeks. If it jumps up quickly, then prepare for a quick correction also.

yeah its true ,but the opposite side because instead of growing bitcoin and the whole market falls lower lol.

look at the price drop?is this what you can call a Bull Run? negative 4 for bitcoin and negative 8 for ethereum?no this is another fake news .

but this is the right time to add some holdings specially ethereum and bitcoin since they fall higher and the value is very cheap for now.

Yes I see that today the price of bitcoin is more sucks, but when viewed from the other side it seems that the decline in bitcoin is like there is a specific purpose. for example deliberately making bitcoin down as low as possible later when halving bitcoin starts pumping again. however for now we have to be patient and we can use this moment to buy bitcoin even if only a little.

yes let's look at that, I see today a lot of threads about the current price of bitcoin is falling too deep to touch below $ 7400 and it will worry about going under $ 7000 if there is no strong buying support here, so just waiting for a really big investor recovery come buy cheap bitcoin prices now get new and strong buy support

Unfortunately, history has not been repeated and the price of bitcoin is gradually falling further. We can see the bear is getting stronger and breaking down important support levels. This shows that Bitcoin will soon go back to $ 6k soon and from there will have strong growth momentum. Besides, the end of the year is usually a sensitive time when speculators want to sell their coins to get money and organize parties and shopping. Therefore, the downtrend is being formed very clearly both on the chart and in reality.

where is that bull run youve said?  Bull run or bears are again dominating the market.
No one can predict the market or where btc will go. I still believe will be happening next year.

Bitcoin failed and finally passed $ 7000 support point, this is contrary to initial speculation, what happens next is a bearish wave to test again at the next support point. But while the current cme gap is fully loaded, I see bitcoin can go up at any time from its current position, only we need to reconfirm the sentiment below.

i believe what happened is the opposition because i can't see any movement of growing in this time onwards.

https://coinmarketcap.com/

according to the Market Cap the top ranked currency Bitcoin is now in loss of -10% and still falling ,same as ethereum that suffers much dumping with -12% .i think there is no growth coming this month of november so better not to expect anything soon because you will only fail.

Check out the Williams Alligator. I think I'm liking this indicator. You see I backtested the most popular moving averages settings throughout Bitcoin history and the signals seemed 50/50 most of the time especially during ranging. This allligator is also based on moving averages. The difference is, it is like Ichimoku with a look ahead. So with it, the bottom looks near.

Today, 11/22 and that didn't happen. Bitcoin is not a bull run, but a dump. bitcoin fell at the level of $ 6700. because I was looking for the lowest support. I think. this is the right time to buy. because I believe, this is the last dump, before bitcoin made a big surprise, and that was bullrun. so be prepared to welcome the big pump.

not necessarily. All indicators are showing that the price of bitcoin is hard to determine and there are more and more bad news about Crypto. The Chinese government has just said that cryptocurrency is a scam and encourages people not to participate in this market, they only support blockchain technology and not crypto businesses.
That's the news that made the market plummet yesterday and it seems to be at the bottom. Besides, the US is attacking China in terms of trade as well as politics. this will create great insecurity and it is possible that billionaires will continue to sell bitcoins.

we have new knowledge by this one, it is "do opposite" lol
The price went down yesterday, even hit lowest price from july this year. it broke last major support in $ 7300
it is very dissapointed, btc has flied 40% but down again even more dip
i think fake news yesterday was the cause

Miners will decide when bull run happens. Because they are responsible for selling presure, they have newly created Bitcoin and they want to sell them to cover electricity fees and to take profits. If they do not stop selling for cheap price, we will not see bull run.

Most wrong prediction ever? ::) The prices turned into bearish and reached level of 6 month low on yesterday and now it managed to climb above $7000 again and stays at this level for hours now.Predictions are just random shits so don't trust them ever.

I thought the same at the beginning, but maybe this prediction is not as bad as we think. Maybe now whales have done the last price dump and the rally will start up?
The next few days will show whether this is the continuation of the bear market, or beginning of bull market.

Even if the whales bumps the price again which may not turns into bullish trend for now because we have the bitcoin halving in the next 7 months which is expected to bring the price increase by most of us so we don't have anything now to bring the prices matches same as halving.But who knows we may see a Christmas rally before?!

It seems that once again it is confirmed that the cryptocurrency market is unpredictable, and often behaves quite the opposite of what may predict even the most experienced traders. In this case, we can clearly see how still the price of Bitcoin and the entire cryptocurrency market is still unstable and manipulative. Sooner or later we will see that the bull run will come, but in my opinion guessing when it will happen is pointless. Unless we treat it as fun or game.