Bitcoin Forum

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

I think they might be taking a break from various declines and price increases every day. Isn't there a lot of coins at this time that should be tradable? In addition, the price of the BTC and other altcoins face difficulties to increase even there are some different progress and also information. Although t is still after halving, I don't think that it an or avail ale.

we can guess it is a whale game or it is a pure hike, so I see this is indeed an increase but it is not maximal in any case. So maybe I think it should take a little longer to get to the top to prove that it's not a temporary pump from the whales

i dont know if the OP knows what he's talking about? he's saying about btc to be in the $10k level but we are already more than $11k and actually reached $12k in some exchanges. so what is he trying to say here? is he just posting crap without checking whats going on in the market?  ::) ::)

I don't think anyone can perfectly answer the question of if this is bull run or not, because each and everyone will have reasons to back their answers. In my own opinion, the market is recovering because the pandemic regulations are being relaxed with people going back to their businesses and ways of life. Now coupled with Defi hype, people are seeing the need to invest in their desired coins, of which Bitcoin and Ethereum are on the forefront.

Cryptocurrency would be strong when we all think this is the best time to invest. Few person can't control Bitcoin price. New altcoins are doing great, old altcoins can't pump without a big development. History is reminding us that Bitcoin price is going to more stronger.

Funny thing was no one above your post notice it and they just post straight here without reading the context completely. The next hurdle for BTC was the 12,000$ resistance that BTC keeps rejecting for over a week. I believe there will be a multiple top tomorrow at 12,000 to 12,200 range. Once the break it and form support there. 15,000 is the next target which I believe the OP of this thread will never come back to correct his context.

Yes, I think that this is what is happening. Bitcoin and the market in general have been stagnant for a long time and suddenly everything moves. There must be pumps from whales working in secret. The prices of some altcoins are high against Bitcoin despite all the bitcoin overload, but I expect that Bitcoin will continue to rise until it outperforms these altcoins.

Who knows actually when the pump seen is organic or what. Its not like we can monitor all whales that keeping the price hike and dump. The whole market is a combination of all investors and traders and the fact that demand will only be seen on the chart of the market. Bitcoin or altcoin they are both striving whether to dump or pump. I actually pretty bullish on the result. Maybe we can see a break out or stability on 11k or closing 12k.

The Relationship Between Bitcoin and Altcoins

 Bitcoin price movements are generally able to influence Altcoin prices.  The relationship is not always predictable, but there are some of the most common trends.

 In simple terms, there have been several trends that have historically occurred between Bitcoin and Altcoins.  However, it should be noted that every event in the future is not necessarily the same as the conditions in the past, and anything can happen.  Some examples of cases that we will discuss are trends that must be considered, not a definite reference in the future.

If it's only temporary then at least we made a profit from it, the pump I don't think is only temporary the market is moving up many people are buying more that is the market motivation now the buy support is now stronger then selling I'm very positive that we caN AT LEAST REACH $17000.

Current btc prices will be at this level while whales like it. It's all about speculation. However, the green market is much more attractive to newbies with fresh money

Bitcoin is fully supported as father and mother to all coins. I think there's nothing wrong with that whereas digital technology has still remain in demand thru many assets even both of them are still having more consequences due to it is free anytime for serving, I saw the possibility of decline is normal and there is no any negative sign.

With the current price that Bitcoin and other altcoins are having no we are in a better position than what we have two months ago that'ss something that we should all be thankful if this is a temporary pump then so be it, the price will eventually go up even there are no whales pumping the market, people are on a buying mode because of the so many good news coming in.

It will take a bit more of consistent grow to convince most of people that crypto market is somehow reliable and worth a try.
This is when the actual pump will happen

There was some Defi craze meanwhile. Many Defi coins rose sharply at a much better pace than bitcoin could. While Defi indeed is a good platform for future, it's not sure that all or any of the current Defi coin would be the leader of defi market in the future. It's a risky hype driven rise and the prices are now correcting themselves while bitcoin have has a slow but steady rise towards 12K.

I don't think so and you should not believe with all of those who have been spread FUD to the market. As long as the support of bitcoin and altcoins will remain very strong and it can't be dumped easily and i think you should watch the market again. You must know how the market works today

In my opinion, the market is generally bullish and both bitcoin and altcoin are experiencing increase in value. Bitcoin has a history of steady increase for a while now and altcoin like ethereum are increasing rapidly later, maybe it's because of the ethereum 2.0 project, or something else cooking

anyone said this is a temporary pump? then we take advantage of the pump whose time may be short according to some predictions. now bitcoin has crossed $ 11k and etherum has also reached $ 400. if this temporarily pumps, it should drop again next week maybe back to $ 300. but if next week the value is still stable and tends to go up, this will be a big pump and bullish is a very good time.

Hey! what are you talking? Bitcoin has already reached $10,000 and in fact it's high this year was $12,00 and currently trading at $11900+


I don't agree with you, we might not seeing the same market movement, but as for my own analysis, bitcoin is already rising and the market is already bullish. Not only bitcoin is benefiting from the bullish market but most some altcoins as well.

One altcoins that has a good run recently is the Ethereum, it's getting close to $500 now, and that's because bitcoin is very much stable now.

Bitcoin and altcoins are growing in price at the same time, as we see, and many investors who bought bitcoin last year for 5k$ and Ethereum for 70-80$ can already sell their cryptocurrencies and get excellent profit, but I think that the growth will continue and we still need to wait.

Well we have different opinion about these happen now on why the bitcoin are in take $11000 for now and the altcoins are still drop.
But not all altcoins are drop to those only in top are moving or followed by bitcoin. And we all know it needs for bitcoin to rise up first before the altcoins be follow on it.

That is what we used to see, altcoins are usually following the movement of bitcoin and it became the basis if alts are going bullish. Anyway the market is high volatile and unpredicted so the price of coins can go up and down in a short period. Its like a roller coaster ride and though there are many predictions by analyst, still we are not certain is these are going to happen.

I always think kids will follow their parents, as well as altcoins that always follow their parents which is Bitcoin,
the current increase in Bitcoin can not be separated from the whale game that always wants to get more, a little bit slowly Bitcoin will continue to increase but not every time there is a time lag to breathe and the whale gets profit, neither does altcoins..

Ride safe with the market, make strategies and execute it properly by this we can get higher returns. Bitcoin was able to reach the price of $12,000 and that's a good sigh of a healthy market, rising again from the bottom price. Altcoins are also doing good today especially the DeFi projects they made a huge pump in the past months especially Chainlink. We see the progress, we invest on the progress so those who invested last quarter during the dump prices are now happy because of their earnings, predictions are meant to guide us despite of its uncertainties so stay positive.

I think it's just a temporary pump, but the market is getting better than ever. the market is getting excited again, there's a lot to look forward to at the moment and coupled with the DeFi hype makes the market even more colorful.

If altcoins can survive this transition period, I believe the temporary pump will become a bull trend.

It reached that level but it failed to stay above which means the support cannot hold because then sellers managed to overcome the buyers. Try to observe the altcoins, there is only small differences where the altcoins are just trying to mirror the price of the bitcoin. The Ethereum and Xrp are also consolidating, I'm surr that if the Bitcoin managed to surpass that level where it managed to hold then for sure the altcoins will also move and will also surpass the resistances.

Those major coins have big community and long term roadmap. There will be more and more innovations will be bringing out by them for us. We just waiting for that to happen in the future. Everything needs a process and it can't be done just in a night, a week or even a month.

Crypto has a very big vision for long term development.

That's true! Consider this current market condition, it is profitable for people who want to sell BTC and ETH right now. However, the decision depends on each person's goal! Some people want to achieve a higher profit target, so they still wait. Personally, I think BTC and ETH will keep fluctuating around this market and gain a little bit, then, will pump strongly next year after the launch of ETH 2.0!

If you have noticed over the past month Bitcoin dominance has gone down a few points. This means we are going through a mini altcoin season and it is mainly DeFi projects and oracles that are seeing the light of day and a few mainnet projects. Also 2nd layer protocols and interoperability, iot, liquidity pools are also doing well. I think this time around we are seeing a new set of coins and tokens emerging as winners and you can see the likes of CHAINLINK rise and grow huge marketcaps, which is similar to what happened in 2017. I think we are at the cusp of a bull market now for the next one or two years at least.

I think that is normal. Pump and dump are actually part of the market. Whales are always trying to confuse investors and traders with their move. See what happened on yam and curve. Its so easy to pump a token and coin but surely you must be aware of the consequence that it can drive. Altcoins are always dependent on bitcoin but I noticed the swift changes as defi enter the market. Almost all traders are interested and playing with it.

when there is a pump like you mentioned, traders should not enter because it will only make them trapped at a high price, it's better if they enter when the price collapses or when the price of the coin has not risen, so the risk of being stuck at a high price is very small when it has been stocked coins at cheap prices.

I think it's possible that a new altseason is about to start within the next months. First a period of sideways movement with no big peaks up or down and then something will happen.
Regarding BTC dominance... we are now below 60% btc dominance, the last time it was this "low" was roughly a year ago or so.
So for me the first signs of a possible Alt-season are showing.

The market is getting better and Bitcoin is already forming another good barrier, if this will continue then
expect more actions that will take place.
In regards to Alt market, project DeFi really bringing the scene to a much comfortable position, many hypes
is ongoing and investors are really taking it.
With such trends, Alt will likely to find its way to much more stronger directions, we might see more good news
not just for new projects but also to old ones that still progressives.

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money

That's a good move, dude! As we can see right now, the market is increasing. The hype of ETH 2.0 is spreading over the market. People are buying mostly BTC and ETH to hold. Besides, people are believing that the hype of ETH 2.0 can create a bullish season for altcoins. That's why many people are looking for some good altcoins to invest! I believe in so, though, I'm holding only BTC and ETH because I want to be secure first!

I am waiting for Ethereum 2.0 to hit this market as it is definitely the most prominent news in the crypto market. Before that happens, however, the Ethereum price will make a small correction as it is necessary to initiate a new bull phase. If you have great patience then you should keep holding ETH as this coin will definitely never let you down.

The market is looking very saturated right now. Out of the thousands of different coins and tokens out there, only a handful may make it big. So even if you invest in hundreds of different coins, there is no guarantee that you will get a positive return. Considering the risks, I would rather stick to the already established coins, such as Bitcoin, Ethereum, BCH and Litecoin.

now there is really good news for altcoins, but it seems to me that ETH has already shown itself very well and it will not show any further growth. better to find for other altcoins

Indeed, better to buy old reputable alt coins rather than new enlisted ones because they are the one which will get benefited by the hype. They are already mature thus they can easily get influenced by the price hike of btc and other major coins. But if you really insist to go with the cheaper ones then it's up to you (you have hundreds of options to choose from). But assess your your resources and emotion first whether you can gamble and get out of the safer zone. Like the old saying, "High risk, high reward" but I'll tell you what, in this case, you will have greater chance of losing. Good luck :).

Dude, you can use the old ATH that has already achieved by ethereum as the best indicator to determine how far ethereum will growth. If you know that there was no limitation in the cryptocurrency and the sky is the limit. Ethereum can even reach $600 again in short time.

I'm considering myself not seeing $10k as long battle to win because during your post we actually win it and even surpass $11k. Maybe you have missed something and not seeing what happens to the market this time. If that keeps happening to you, no doubts that you will miss for another Bullrun which is actually coming near.

Anyhow, Bitcoin and some altcoins do the rally this time. The rise might not that fast but it was already a satisfying event to see in front of the global crisis that we have faced. Crypto adoption makes it stronger and it gives a huge impact on the price trend, and possibly we end up this year with positive results.

How do you know if it will hit $ 600 in such a short time? So far it is still unable to cross $ 450, and it looks like a huge hurdle zone for ETH. So you need to have a clear analysis to be able to prove the price can go up $ 600 in no time

Exactly, I think the same way.  Talking about BTC struggling to reach $10K when BTC was at $12K mark.  It was beyond many peoples expectations that BTC will even cross $10k after the halving when we have expected price drop.  Increase in the price of ETH could actually be due to the advent of ethereum 2.0.   Price of other good altcoins will also improve, it's just a matter of time. The ultimate speculation is that, next year could probably be another bull run. 

Don't even wonder why OP didn't show up again in this thread and it is probably because he is already outdated and he missed a lot of market happenings. I'm not sure if he regularly checked the market price trend because of that so, he seems to be notified it but sad to know that he's not.

Anyway, we know the market position right now, we saw brighter insights this year and much positive for the next year's event.

Yes. I also love what is happening in the market now because it will bring so much profits for sure once this movement will continue into a bull run. Bitcoin and altcoins are having a good price surge and whether this upward trend maybe temporary or not, there are still high chances that they will continue to move forward for an even brighter market price.

Bitcoin along with other alts has always been unpredictive. No one was ready for the 19K ATH at that moment and no one thought the correction would come down to 4K and stay down for two years. Many people are waiting for another bull for over 2 years. The current price changes are gradual. Bitcoin kept on rising and making a new stand every 1K in price change. The price now hovers just above 12K and would likely hold. Yet, no one can predict the next sharp change would be a bull or bear.

It seems you missed out on the current happening in bitcoin and altcoins. If you are aware of the trend lately the move of bitcoin in the market is showing us a positive signal that it could increase. As of this time price flew to $12,1 though market is really unpredictable so let's watch the out the trend on what price it will headed.

Well, when someone opens a topic like this on bitcointalk the topic is not just about OP most of the time, they say something and they leave, someone else writes something and another person replies to them and they response to their reply and suddenly two people who are not OP discussing something totally related to the subject but irrelevant to what OP wants.

So, suddenly the topic changes discussion and we have tens of people talking about something and not even caring about OP, that is what I think happened here as well. I believe bitcoin is doing basically what it has always done between volatile moments, it is staying still, check bitcoins history and you will see that we all know those 10%+ increases and deceases but in between them it stays still, we are at that stage right now, which means topic could be outdated but it is also irrelevant to current situation as well.

we need concrete evidence in the next 1-2 months to prove this pump is only done by whales or purely because of a natural pump, we have to take time to prove this so we can know whether the pump really happened. but we can still believe that the altcoin and bitcoin pumps are real

The price of cryptocurrencies can’t be going up all the time, it will always be taking time and you need to have patience, it’s not all about rushing all the time. When the price goes up, it also goes down and there are also times when it will get stable. That’s just how it is and you can’t change it. Some people usually are in a hurry, they want the price increasing the all the time, but it doesn’t work that way.

Some people would tell you that the price will increase the next year, and they make it seem like everything in the cryptocurrency is predictable when it’s clear that it is not. If everything is predictable then it wouldn’t make any sense, and I don’t think this market will still be alive by now.

The price of Bitcoin currently have already surpassed the OP's expected price range of $10,000 for as of the moment I have checked its price is already over $12,000 mark which is a good indication of an improving and progressing changes on the price of Bitcoin. You cannot always expect that prices of Bitcoin and Altcoins are always getting into a rise for we all know that we are in a volatile market on which prices changes in no time and very unpredictable for it can come into a pump or dump. It will in need patience for you to see best results of how the price is changing. You must not rush things out for they are just getting into the flow which you can just keep on complaining but you can do nothing about it.

Indeed. It is impossible to see the price of all crypto coins to increase all the time. There is time for a correction, drops, or sideways. All crypto traders or investors know about this very well. So, if you follow some discussions, many of them advise us to be patient keeping "HOLD" our crypto assets until the coin prices move to a proper rate to trade. Yes, in this matter, patience has a big role to make it successful.

Bitcoin is on fire and major altcoins are following it. Right now, the crypto market is seeming like confirming the return of bulls into action. Yes, the beginning waves of four-year-cycle of crypto space is on sight right now. I know this is what almost each and every crypto people must have been dreaming about since last two to year years. I guess bitcoin will continue toward its new ATH and altcoins also might be following bitcoin markets.


Yes, this must be really a crucial time for all crypto adopters because most people will exit when they are seeing small profits after prolonged stagnated market conditions. If we are studying back what has happened in crypto space after each halving of bitcoins then probably we will get clear idea about how long we need to keep holding so that we can enjoy big profits.

Bitcoin no doubt the popular coin present in the industry.
And i too bet that no one can ever replace this popularity at all.
Moreover as far the price of the coins are considered,
Then i can say you that, Bitcoins and other cryptos follows the algorithm of supply and demand.
If the demand of the coin is more the the supply will be less and in this way the price will increase or vice versa.
So if any altcoin gains popularity like Bitcoin in the near future then definitely it's price will rise.
ETH can be considered for this case.
As many people are investing in it and soon we will see this in high price.

The current bullish trend not actually bumped by the whales, it is due to the emergence of defi projects and also they predict that this is going to be a short time hype but about the bullish trend it could be another 2017 like scenario because exactly we are hitting the bullish trend at the end of the year so expecting a hue price growth until end of this year.

Yes, it will become the bullish market for altcoins. I think it is because many DeFi projects rising.
Several altcoins are used very often recently, particularly stable coins. The usage of stable coins is making huge awareness of cryptocurrency.

Of course there will be those who say that now is bullish for altcoins and there are also those who say that now it's only whale pump. I think those who say are bullish for altcoins because they have held for a long time and are now making a profit. those who say now just pump the whale because they bought too late when prices were cheap and are trying to make FUD