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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: timmmers on August 19, 2020, 11:14:36 AM



Title: Bull run is coming?
Post by: timmmers on August 19, 2020, 11:14:36 AM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)


Title: Re: Bull run is coming?
Post by: ryap12 on August 19, 2020, 11:18:16 AM
I dont think Binance alone can make an impact for a bull run. Binance right now offers so many services and that could be one reason for the increase of activities going on the exchange. Also other people who traded on other exchanges before must have learned lessons from scam exchanges and decided to transfer at Binance instead as they have become trust worthy despite getting hacked/robbed a few times. To summarize in my own point of view, Binance alone is not enough for a bull run. We need more people across the globe to invest in crypto.


Title: Re: Bull run is coming?
Post by: 20kevin20 on August 19, 2020, 11:32:00 AM
While I'm very bullish, Goldstein's argument falls short imo. Does the "statistical" thing say anything besides the fact that right now people are bullish on BTC? I'm quite sure that a lot of those who are holding right now until "up to $100,000" would sell in panic if BTC fell to $1k again.

This is a psyhcological thing, and such events do have a strong impact. There are way better arguments to use than the number of people who are now ready to hodl for a long time - especially as BTC has been steadily growing up in the last months. And then, what happens if BTC gets to $100k? Wouldn't a lot of those people sell and pull back the price?

Times change and emotional impacts are significant - and 2020 proved us this is as true as it can be.


Title: Re: Bull run is coming?
Post by: timmmers on August 19, 2020, 11:32:19 AM
I dont think Binance alone can make an impact for a bull run. Binance right now offers so many services and that could be one reason for the increase of activities going on the exchange. Also other people who traded on other exchanges before must have learned lessons from scam exchanges and decided to transfer at Binance instead as they have become trust worthy despite getting hacked/robbed a few times. To summarize in my own point of view, Binance alone is not enough for a bull run. We need more people across the globe to invest in crypto.
I am not talking anything about the impact of Binance on the market. I am talking about the activity - number of trades and deposits is higher than in the last bull run and Bitcoin is only on 12 000USD price level. For someone, it could be a useful information how to deal with the marketīs movement.


Title: Re: Bull run is coming?
Post by: jerrison on August 19, 2020, 11:32:34 AM
The bullrun is already here. Since mid-july till now, the price of Bitcoin and altcoins in general have been bullish with most of them doings as much as x4 on their prices. I see greens whenever i look through coinmarketcap.com site as investors are supposedly cashing out on a regular. I know that those who got in at twenty thousand dollars may not see this as anything compared to what they got in at but they should be hopeful.


Title: Re: Bull run is coming?
Post by: Convery on August 19, 2020, 11:35:38 AM
While I'm very bullish, Goldstein's argument falls short imo. Does the "statistical" thing say anything besides the fact that right now people are bullish on BTC? I'm quite sure that a lot of those who are holding right now until "up to $100,000" would sell in panic if BTC fell to $1k again.

This is a psyhcological thing, and such events do have a strong impact. There are way better arguments to use than the number of people who are now ready to hodl for a long time - especially as BTC has been steadily growing up in the last months. And then, what happens if BTC gets to $100k? Wouldn't a lot of those people sell and pull back the price?

Times change and emotional impacts are significant - and 2020 proved us this is as true as it can be.

I have read something about that and he talked about the fact, that more than half of Bitcoins didnīt move for 2-3 years from the wallets. But the question is, if these wallets belong to real holders, or the situation behind it is different?  ;)


Title: Re: Bull run is coming?
Post by: pakhitheboss on August 19, 2020, 11:36:50 AM
You do no need to check so many models to understand when the Bull run will come. It is historically proven that by early September till end of December the market tend to be bullish.

Binance exchange having high volume does not guarantee a bull run, cryptocurrency is not saturated to one exchange. There are other big exchanges with high volumes in the market.


Title: Re: Bull run is coming?
Post by: Gozie51 on August 19, 2020, 11:54:29 AM
You do no need to check so many models to understand when the Bull run will come. It is historically proven that by early September till end of December the market tend to be bullish.


I think in 2017, we had more of bull run from the beginning with some little correction, maybe that year was different  but agreeably,, December happened to be the end of it as you rightly said.


Binance exchange having high volume does not guarantee a bull run, cryptocurrency is not saturated to one exchange. There are other big exchanges with high volumes in the market.

Apart from binance making statement about the bull run, I think the market signals are indicating it too.


Title: Re: Bull run is coming?
Post by: Thomas-s on August 19, 2020, 12:07:02 PM
it would be very good if his words were true and he really knows about the onset of the bull market, but no one knows in advance what will happen in the market


Title: Re: Bull run is coming?
Post by: r32godzilla on August 19, 2020, 12:09:29 PM
Again, I would be more cautious when a lot of good news come. As you can see today, there is a small correction, but how we can know that the trend is not changed and we are back into the bear market after some whales took profit?  ::)


Title: Re: Bull run is coming?
Post by: Dart18 on August 19, 2020, 12:18:53 PM
Or it could just be a manipulative move.
That's an exchange. They will tell sweet things for people to come in especially if it is for their profit.
Might as well look for another reason into why a bull run will come which is doubtful because of economic fall and people trying to save their money for emergencies in this pandemic.


Title: Re: Bull run is coming?
Post by: pikkie on August 19, 2020, 12:22:04 PM
Again, I would be more cautious when a lot of good news come. As you can see today, there is a small correction, but how we can know that the trend is not changed and we are back into the bear market after some whales took profit?  ::)
I don't think this seems like a small correction but it could just be that the whales are enjoying their luck and it will cause the cryptocurrency price on the exchange to collapse deeper and go back to basics so the whales can play their game smoothly.


Title: Re: Bull run is coming?
Post by: erikoy on August 19, 2020, 12:29:29 PM
I will not believe in much hype. This is the reason of so much believing where bitcoin market price falls and it turns out to be a market crash intstead for bitcoin. This is somehow an speculation and since it is a speculation I will not believe in it anymore. I am believing in myself the prediction I will going to make and if bitcoin will be having a bull run then that is a good thing to happen. No one will going to complain if it will going to happen. As we all know that there is nothing we like to happen in cryptocurrency and that is the bull run.


Title: Re: Bull run is coming?
Post by: jacafbiz on August 19, 2020, 12:37:08 PM
I read the tweet also but there are some factor to considered now, if you look at Binance in 2017/2018 bull market, it was only offer one service but now they have many products on their exchange, so this could be one factor responsible for this and again some people visit one exchange for more that 10 times a day especially when Bitcoin price is moving up. Though  it is o doubt that the bull market has arrived but I don't think we have react the level most people are suggesting just the euphoria of the DEFI market


Title: Re: Bull run is coming?
Post by: othell_rogue on August 19, 2020, 12:42:25 PM
If the question is the the one on the title, well like you already know bullmarket is already here, not as spectacular as the 2017 one but is here, there are some projects out there that did went 20-30x from March dip.

Regarding CZ tweet: I don't see him saying bullmarket is here, he only said:
"We are seeing ATH in terms of system traffic. Higher than Dec 2017. Should be interesting to see what happens next."

Which means only that a lot of people joining his exchange, maybe due to intensive marketing of binance exchange. Nothing more, nothing less.


Title: Re: Bull run is coming?
Post by: Cnut237 on August 19, 2020, 12:43:20 PM
The market has been bullish for quite a while now. The latest rally started when DeFi and anticipation of the 2.0 upgrade pushed ETH prices up. Other alts then followed, and finally bitcoin, too.
The 2018 bear has long gone. The initial downtrun from Covid-19 has gone too, the crypto markets have recovered quite well. But it remains to be seen whether the bullish sentiment will persist. World economies are going to struggle in the months ahead as the economic effects of lockdown start to be felt. The question we need to consider for the future is whether the crypto markets can remain immune to this.


Title: Re: Bull run is coming?
Post by: kindbtc on August 19, 2020, 12:45:01 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
We are already at the start of parabolic bull run and i think market and hodlers richly deserve it after hodling for so long especially in months and months of bearish market but still hodling deserves a big reward now in shape of bull run.


Title: Re: Bull run is coming?
Post by: sarmrakib on August 19, 2020, 12:54:36 PM
It may happen .The market is on uptrend and btc is still above 10k$ .So investor and trader aim to hold the coin and the trend to follow .I think the next trend will make the marked level of 15k$ for btc .Now lets see how the market behave itself.


Title: Re: Bull run is coming?
Post by: Mulann2 on August 19, 2020, 01:09:04 PM
I hope so, the market has been very positive lately, most of the coins/tokens have had some % increase in price, btc, eth, link, band, and several others all went up in price, i think it is safe to say the market is gradually moving out of bear period, so hopefully we may experience bull this year or next, to me am just happy to see the market recovers for now.


Title: Re: Bull run is coming?
Post by: maxdin on August 19, 2020, 01:11:44 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
I hope that you're right and the "real" bull run is a thing to come in the nearest future.
However, I don't see how it could be a real thing, because as you already mentioned a lot of people already invested in bitcoin and I believe than new investors are the engine of the bull run of it, not holders that much.
So my expectations is when most of the possible interested people will invest in bitcoin its price will experience somewhat correction.


Title: Re: Bull run is coming?
Post by: ned.ryerson on August 19, 2020, 01:17:40 PM
It may happen .The market is on uptrend and btc is still above 10k$ .So investor and trader aim to hold the coin and the trend to follow .I think the next trend will make the marked level of 15k$ for btc .Now lets see how the market behave itself.
the level of 12 thousand is very strong and the price of bitcoin cannot hold its position above this level. I think that the bears will win and bitcoin will not be able to stay above 10 thousand for a long time. now the market needs to be constantly monitored


Title: Re: Bull run is coming?
Post by: aioc on August 19, 2020, 01:26:38 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
Nice to read something like this but we must be aware that it's not only Binance trading that can bring us to bull run there are many factors and it's a combined stats of all major exchanges and the motivation of the whole community, it's the combined effort of all involved in this technology.


Title: Re: Bull run is coming?
Post by: hrunya102 on August 19, 2020, 01:33:45 PM
When talking heads start telling that the bull run is already here, that bitcoin will cost 100,000 dollars before the end of the year, I always start to closely monitor the market to have time to jump out before the fall.


Title: Re: Bull run is coming?
Post by: bangkecol on August 19, 2020, 01:37:37 PM
That is right, I also believe that the bull run will coming soon...Currently the market has show that cryptocurrency is on fire.
The activity on Binance is due to the hype of the defi projects.


Title: Re: Bull run is coming?
Post by: Gorosden on August 19, 2020, 01:42:12 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
Crypto bullrun have already started a while ago, I think around a month now since bitcoin start breaking it's 9k resistance, this will bring good value tomorrow because this time it's not just Bitcoin doing all the bullying, DeFi projects are here too


Title: Re: Bull run is coming?
Post by: Iyeman on August 19, 2020, 01:44:09 PM
The market has been showing the more mature as the investors were starting to invest based on the product and they have forgotten the hype. This time what already said by CZ can be a true story.

He has been saying the correct point about the market.


Title: Re: Bull run is coming?
Post by: dataispower on August 19, 2020, 01:47:28 PM
That is right, I also believe that the bull run will coming soon...Currently the market has show that cryptocurrency is on fire.
The activity on Binance is due to the hype of the defi projects.

Since Binance got more traffic recently than 2017, this signifies that more people are picking interest in crypto. DEFI might be one of the factors influencing this, but the fact that crypto market recovered so fast from the MARCH epic fall, shows crypto stands out and hence drew attention from investors. So many crypto projects are doing great recently, even in this pandemic era. This could be a bullrun signal, I concur. We are already in bull season if you ask me.


Title: Re: Bull run is coming?
Post by: Metall303 on August 19, 2020, 02:15:47 PM
Binance CEO is a very influential person in the cryptocurrency market and therefore you need to watch what he says, but this does not mean that his words are really true.


Title: Re: Bull run is coming?
Post by: Phoenix_PROG on August 19, 2020, 02:19:39 PM
I won't try to get my hopes too high as anything is uncertain in this space, I prefer to move along, whatever happens I'm ready for it, either bull market or bear market I'm so in, my advice is to be ready for anything


Title: Re: Bull run is coming?
Post by: Henrytrust on August 19, 2020, 02:21:45 PM
I'm personally not surprised about what the Ceo of binance is saying. There's obviously more persons in the cryptocurrency industry. The several ponzi scheme using the ethereum smart contract has successfully given people a test of cryptocurrency and they're hungry for more. There's more information about bitcoin, than there was in 2017, the market is getting more saturated.


Title: Re: Bull run is coming?
Post by: tycsols on August 19, 2020, 02:25:49 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
So the activity is already bigger than the last peak point, this just goes to show that how big and epic this bull season and peak point will be. I am really positive and bullish about the market and I am quite confident that in next 6 to 8 months we are going to see new all time high prices for most of the top coins.


Title: Re: Bull run is coming?
Post by: cabron on August 19, 2020, 02:36:10 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
So the activity is already bigger than the last peak point, this just goes to show that how big and epic this bull season and peak point will be. I am really positive and bullish about the market and I am quite confident that in next 6 to 8 months we are going to see new all time high prices for most of the top coins.

CZ is a person qualified to say things like these though as he must have seen the data with binance exchange alone.
It may look that way to some analyst and CZ is not just the only who said it. But we all know that in crypto its always a big MAYBE. It can always end up like the bulltrap that had always occur every time. This is why I also don't get to trust any movement but will always cash out and invest every time I get a chance.



Title: Re: Bull run is coming?
Post by: ethereumhunter on August 19, 2020, 02:36:47 PM
I feel that the bull run is on the way, but we don't know when it will come. But the bull run will come soon, and when the bull run comes, we will have the opportunity to make a big profit again. Bitcoin itself is still waiting for the right time to surge to the highest price, and it is still going up and down. When the bitcoin price can touch more than $15k, I think the bull run is coming, which can affect the altcoin too.


Title: Re: Bull run is coming?
Post by: onecall123 on August 19, 2020, 02:40:57 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
Crypto bullrun have already started a while ago, I think around a month now since bitcoin start breaking it's 9k resistance, this will bring good value tomorrow because this time it's not just Bitcoin doing all the bullying, DeFi projects are here too
I Could not deny this cause I've the same feeling the Bull run will come. Definitely getting 2017 vibes again, only the difference DeFi projects. There's lots of new project popping up which may most likely going to end severely like in 2018.


Title: Re: Bull run is coming?
Post by: Iyanu14 on August 19, 2020, 03:30:06 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)

This is pleasant to here.  I think most of us have been expecting this.  The usual expectations from history of bull run is that, after the halving have taken place, either that year of halving or following year comes the bull run, and that was what happens in 2017.  Likewise, we are probably expecting bull run towards the end of this year or 2021.


Title: Re: Bull run is coming?
Post by: Rafiqul on August 19, 2020, 03:31:45 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
I don't think it would be possible for Binance  exchange or any single exchanger to single-handedly influence the cryptocurrency market, especially the price of Bitcoin. It can happen at any time in a joint effort of different exchangers.


Title: Re: Bull run is coming?
Post by: Jackl87 on August 19, 2020, 03:37:13 PM
I read an article of a chart analyst yesterday which said that in the last 10 years BTC lost 13.6% in the next coming 2 months because of a seasonal effect.
So if he is true we may have some good opportunities in the next week to buy same more cryptos at a good price.
But overall i agree that the market as a whole seems pretty bullish since a few weeks now.


Title: Re: Bull run is coming?
Post by: Chukwunonso on August 19, 2020, 03:51:02 PM
I'm even of the opinion that the bull run is here. We don't need a prophetic declaration to know that the value of Bitcoin, ethereum, Defi tokens and several other cryptos are on the rise. This can only lead to the conclusion that we're in the bull run. The bull run is just at the inception and what we have now in the market is just a tip of the iceberg. Ethereum would most likely surpass $500 and Bitcoin is on the verge to giving us a new ATH.


Title: Re: Bull run is coming?
Post by: Anish02 on August 19, 2020, 03:54:11 PM
It may happen .The market is on uptrend and btc is still above 10k$ .So investor and trader aim to hold the coin and the trend to follow .I think the next trend will make the marked level of 15k$ for btc .Now lets see how the market behave itself.
the level of 12 thousand is very strong and the price of bitcoin cannot hold its position above this level. I think that the bears will win and bitcoin will not be able to stay above 10 thousand for a long time. now the market needs to be constantly monitored
Right now the price of bitcoin has been started falling and market looking red again that's happening because it is volatile and due to that it won't be able to keep its position on constantly in the same place.


Title: Re: Bull run is coming?
Post by: unusualfacts30 on August 19, 2020, 03:58:05 PM
bull run is already here from what I can see in the market but its not the real bull run yet. activities on binance can be helpful in indicating what is actually happening but you shouldn't solely rely on that since there are other things to consider such as other exchanges, and investors. I do feel that people who have been hodling for so long during bearish market deserves a bull run for their patience and hard work.


Title: Re: Bull run is coming?
Post by: masterrex on August 19, 2020, 03:58:36 PM
Base on the market statistics I can say that Bullrun is already here, and we are on the midst of it, just compare the market gains in the fast few months the market continues soaring to new heights it was only happening in last 2017-2018 Bullrun thats why I believe that we are on the process to achieve it technically.  


Title: Re: Bull run is coming?
Post by: smyslov on August 19, 2020, 04:05:56 PM
We really are in bull run there are a lot of coins being hype and so many recommendation to buy this coin because it's going to the moon, this is how I looked in a bull run although there's a possibility of a sudden or crash, the news of the pandemic is still fresh in our mind, this made us think that anything can happen anytime.


Title: Re: Bull run is coming?
Post by: Golftech on August 19, 2020, 04:27:32 PM
I think it's just slightly bull run for now but it's a good sign and about the high activity on binance exchange seems people are slowly adopting cryptocurrency so this means the market will grow and we will witness the real bull soon.

The good thing is the recognition from more possible investors, with such reports we will expect more people to get involve to this
investment currency and for sure we will see more active strong run will comes up.

Bull is already showing the sign, with more tries to break new level from time to time, for now we are seeing the glimpse of the
possible turned around of this investment, keep the positive vibes.


Title: Re: Bull run is coming?
Post by: mauriek on August 19, 2020, 04:38:09 PM
Base on the market statistics I can say that Bullrun is already here, and we are on the midst of it, just compare the market gains in the fast few months the market continues soaring to new heights it was only happening in last 2017-2018 Bullrun thats why I believe that we are on the process to achieve it technically.  
Yes, that's right, we are in a bullish trend where we can see in Exchange many Crypto have experienced price increases,  And what makes me believe the Bitcoin prices will be like in 2017 is that BTC has passed the price of 12k. So next we will see Bitcoin price going past 15k.


Title: Re: Bull run is coming?
Post by: Nhor1011 on August 19, 2020, 04:49:30 PM
Base on the market statistics I can say that Bullrun is already here, and we are on the midst of it, just compare the market gains in the fast few months the market continues soaring to new heights it was only happening in last 2017-2018 Bullrun thats why I believe that we are on the process to achieve it technically.  
Yes and as we can see,the value of bitcoin are keep moving up which i think it will surpass to $18k or more before end of this year. AS the bull run start ,i think it could also be a sign of another ATH. The demand also keep on increasing due to this pandemic because those who already know cryptocurrency, while stay at home they grab this opportunity to focus their work on it.


Title: Re: Bull run is coming?
Post by: nicecrypto on August 19, 2020, 08:04:18 PM
The market is recovering from the long bear period and it is very interesting to see how many coins have really appropriate in price, i don't know if what is happening is a sign of bull run approaching but I do know it feels good to see market very green and btc above 10k, this is such a great time because defi project are making it more fun too, 2020 doesn't seem so bad after all.


Title: Re: Bull run is coming?
Post by: rodskee on August 19, 2020, 08:13:00 PM
The market is recovering from the long bear period and it is very interesting to see how many coins have really appropriate in price, i don't know if what is happening is a sign of bull run approaching but I do know it feels good to see market very green and btc above 10k, this is such a great time because defi project are making it more fun too, 2020 doesn't seem so bad after all.

Talking about crypto we can say that this year is still better than what happened previously, the market is again
positive and we seen more additional investors.
With this new hypes more interest will be gathered, with money that flows inside this venue of investment we will
expect to witness another strong bull to show up.
We are just getting started and the actual effects might happened before or several months after this year, we might
seen the last ATH or reached another high.


Title: Re: Bull run is coming?
Post by: ife2020 on August 19, 2020, 08:20:22 PM
I think this depends on your definition of a bull run, for some categories of traders they see every opportunity to take profit as a bull market. For me though, i think the bull market is not near and will remain unpredictable


Title: Re: Bull run is coming?
Post by: iamaruf on August 19, 2020, 08:25:42 PM
Predict the price is simple but the reality is hard. Do you remember what they said in 2018 & 2019? They told so many times that this is the bull run time but finally market gets worsed. Maybe Bull run is coming or maybe not. But no one can tell that and peoples shouldn't believe their thought. Only people can say after the finish that was bull run.


Title: Re: Bull run is coming?
Post by: royalfestus on August 19, 2020, 08:39:13 PM
Obviously the sentiment is better now and the cycle is getting to completion, we expecting a steady and consistent rise, although there will be corrections at some point both from small cap and big cap. We wont see 100x from most big cap and thats the reason some investors are picthing with some new projects with small cap and low value coin. The predictions around especially from long term investors in the space shows something similar from previous cycle, which ends with a bull market.


Title: Re: Bull run is coming?
Post by: forexandcryptoauditor on August 19, 2020, 08:45:00 PM
This is right. Now people are aware about cryptocurrencies and especially about bitcoin. I think the user base of exchanges has been increased tremendously and thus the investment and trading. So the total market value of bitcoin and other crypto is way more than that of 2017.


Title: Re: Bull run is coming?
Post by: Danslip on August 19, 2020, 09:49:04 PM
Binance alone is not enough to start the bull market the single exchange volume is only a simple indicator for measuring the total interest by investors. The price of BTC can climb to $14000 and the majority of the traders can open the sell orders on Binance. Not all high volumes show the signs of the bull run. Having a double turnover of average day doesn't mean we will see the bull market in the nearest future because we have seen a better "excuses" for starting the alt season but it has never been happened.


Title: Re: Bull run is coming?
Post by: bobyhodob on August 19, 2020, 10:35:53 PM
Binance alone is not enough to start the bull market the single exchange volume is only a simple indicator for measuring the total interest by investors. The price of BTC can climb to $14000 and the majority of the traders can open the sell orders on Binance. Not all high volumes show the signs of the bull run.
well I totally agree with you but you should know that Binance is often the main race for making price increases because what I know is currently the Binance exchange is the best of the other exchanges and maybe Binance could be the main spearhead to increase the price of a coin .


Title: Re: Bull run is coming?
Post by: kopijos on August 19, 2020, 10:39:37 PM
not just on binance, but all exchanges had a bull run up. but Binance has a high increase because each exchange has a different price difference. Binance is now a favorite exchange and many traders are doing it on Binance.
So the bull run doesn't have to be about binance, but rather all exchanges experience bull runs


Title: Re: Bull run is coming?
Post by: Google+ on August 19, 2020, 10:43:55 PM
not just on binance, but all exchanges had a bull run up. but Binance has a high increase because each exchange has a different price difference. Binance is now a favorite exchange and many traders are doing it on Binance.
So the bull run doesn't have to be about binance, but rather all exchanges experience bull runs
of course the Binance exchange can be a favorite place for traders because so far there are many features of the Binance exchange that can make a lot of profit for traders, the cryptocurrency price movements on the exchange are also very fast and I see that the security on the Binance exchange is also very high so I think that will make the Binance exchange will always be the best and safest exchange.


Title: Re: Bull run is coming?
Post by: Kasabus on August 19, 2020, 10:52:28 PM
I want to believe the bull has already started. Only that I am still much anticipating the major bull run. I hope I have the patience to hodl on to my favourite altcoins I bought via https://changenow.io and my dear BTC.
Although, many of the speculations out there 'might' or 'might not' be hit anytime soon. It will be if good everyone play safe even as we await the main bull.
I also have this feeling that bull run is fast approaching but the question is when will it hit the market? We saw signs that bitcoin and altcoins are already in good position and if they continue to surge their prices high and reach another heights, then bull run might be here already. Just be careful always because sometimes the market will suddenly turn upside down making this bull run a bull trap.


Title: Re: Bull run is coming?
Post by: MCobian on August 19, 2020, 10:52:36 PM
Use this positive moment to collect as much cryptocurrency as possible, especially top crypto and DeFi projects are still highly recommended
to buy. I am among those who will hold Bitcoin until reach $ 100,000. I don't want to repeat the same mistakes as years 2017-2018. Which is
where I buy cryptocurrency when the price is too high, therefore now I'm different, by starting to buy Bitcoin and top cryptocurrencies gradually.


Title: Re: Bull run is coming?
Post by: Wend on August 19, 2020, 10:54:52 PM
We really are in bull run there are a lot of coins being hype and so many recommendation to buy this coin because it's going to the moon, this is how I looked in a bull run although there's a possibility of a sudden or crash, the news of the pandemic is still fresh in our mind, this made us think that anything can happen anytime.
They are many recommendation coins but we need to choose wisely on when in comes of that situation.
Many of us in here it is the time for bull run but somebody said it is not, well it depends on us of which side we gonna be true or not.
And for me I it is better to buy coins even if is bull run or not because the important things in here is how to earn in crypto.


Title: Re: Bull run is coming?
Post by: Zemomtum on August 19, 2020, 10:56:23 PM
The bull run is already here and is attempting to make the move. Bitcoin is still undervalued at the present price and those who are getting into it now are never too late.


Title: Re: Bull run is coming?
Post by: shoreno on August 19, 2020, 11:05:41 PM
We really are in bull run there are a lot of coins being hype and so many recommendation to buy this coin because it's going to the moon, this is how I looked in a bull run although there's a possibility of a sudden or crash, the news of the pandemic is still fresh in our mind, this made us think that anything can happen anytime.
They are many recommendation coins but we need to choose wisely on when in comes of that situation.
Many of us in here it is the time for bull run but somebody said it is not, well it depends on us of which side we gonna be true or not.
And for me I it is better to buy coins even if is bull run or not because the important things in here is how to earn in crypto.
its easy to get fooled now that almost any coin are tempting us due to the incoming bull run .

 thats why you guys shouldnt follow every recomendations because they are only taking an advantage of the situation . when the bull rum is done , they are also done and so as you if ever they got you . @smyslov crash usually happens after a bull and its not because of the pandemic  .


Title: Re: Bull run is coming?
Post by: Shallow on August 19, 2020, 11:17:53 PM
Just like anticipated, there will be many different opinions some will believe it's already here with us, some will believe it's coming soon and some will believe it will still take a long time to come around. Every now and then we hear about bull run coming and when anticipation is high few growth will be experienced then it will down again. In my own opinion, the bull run will happen when we least expect it because that has been how the crypto space works, unpredictable, however in the meantime, holding potential coins should be the main target now.


Title: Re: Bull run is coming?
Post by: btcholder on August 19, 2020, 11:44:47 PM
I would love to agree with you. From the last month bitcoin and most of altcoin are raise hugely. In this time market goes down couple of times but didn't crushed like before. It recover and going up continuously. Binance CEO is a genius business man and one of the well known person in crypto space. So i won't surprise if his prediction will be right in upcoming days about bull run.


Title: Re: Bull run is coming?
Post by: BitTraderCute on August 19, 2020, 11:59:49 PM
I would love to agree with you. From the last month bitcoin and most of altcoin are raise hugely. In this time market goes down couple of times but didn't crushed like before. It recover and going up continuously. Binance CEO is a genius business man and one of the well known person in crypto space. So i won't surprise if his prediction will be right in upcoming days about bull run.
CZ have big influence to crypto space, his tweet will influence to investors action .he is very optimistic with crypto market future and always give us positive influence. bitcoin market look very solid at this moment, many support from finance institution from their investment. and if more company join in this market i am sure ATH will broken.


Title: Re: Bull run is coming?
Post by: Bitlover10 on August 20, 2020, 12:28:44 AM
Last one week trading and price movements of crypto markets makes me remember 2017 because many coins pump like a sky rocket and some alts makes their all time high record. Link and band, are the one who really gives a good growth. But not only these ones but almost all others alts gives good growth. So this is really a sign of bull run. Defi projects creates new fomo in the markets and some defi projects gives 2x 3x 4x return. Btc crossed 12k, eth crossed 400 this is really sign of bull run. Before I thought that btc will break their ATH in next year but the way market respond I think it will break in this year too.


Title: Re: Bull run is coming?
Post by: kkofor on August 20, 2020, 02:39:49 AM
I would love to agree with you. From the last month bitcoin and most of altcoin are raise hugely. In this time market goes down couple of times but didn't crushed like before. It recover and going up continuously. Binance CEO is a genius business man and one of the well known person in crypto space. So i won't surprise if his prediction will be right in upcoming days about bull run.
CZ have big influence to crypto space, his tweet will influence to investors action .he is very optimistic with crypto market future and always give us positive influence. bitcoin market look very solid at this moment, many support from finance institution from their investment. and if more company join in this market i am sure ATH will broken.
CZ will be the influencer of the entire crypto market and any of his new changes will make investors feel more excited. I am sure in the next few years there will be a lot of interesting things and for sure the crypto market will always change every day to better fit the current situation. I guess you should consider investing right now as this is a good time for you to buy cheap coins.


Title: Re: Bull run is coming?
Post by: Crypto Girl Maricris on August 20, 2020, 02:49:46 AM
I really hope so. I'm also just waiting for the bull run. But from what I can see on Bitcoin, it might go down more for a while before the bull run.

If it does I'll buy @ 11266. The big candle is making it go down. What do you think?


Title: Re: Bull run is coming?
Post by: LouVandetta on August 20, 2020, 03:11:36 AM
Since the last few weeks I believed we're already in a good track. A bullish track's already here. But , it's not as big as the last bull run which was few years ago. Such statement can make a good impact on the market but I doubt it will give a major impact tho. I mean, what CZ says then it will definitely gives some changes on the market. Though we still need to put our guard up and prepared for anything since the opposite might also happen. Let's just see and wait.


Title: Re: Bull run is coming?
Post by: ameliana on August 20, 2020, 06:19:35 AM
We hope the CEO of Binance is right, considering the price of BTC has surpassed $ 11k at least making most users optimistic that a bullish market is coming soon. And if it is true that the trading volume on Binance is currently higher than in 2017, then I am more and more optimistic that we are approaching a bullish market.


Title: Re: Bull run is coming?
Post by: bgaf on August 20, 2020, 06:19:48 AM
I know a tweet from the CEO of binance can pump or dump a cryptocurrency price but it is not enough to make a bigger impact. We all know a bull market is running but $100k price is way more than expected. For this much price to move we need more liquidity to those markets. The only thing we can expect now is to btc break its last ATH and make a newer one.
You are right. The CEO is likely a pushover on the pump and dump of market. If you are a social media influencers there is a case your words are really trusted by the community. In my honest opinion, CZ is saving his bnb coin from being pulled down. Yes that is hard a choice cause many will criticize him for that but for others they used it as indicator too of prices. So it really depends on each person view.


Title: Re: Bull run is coming?
Post by: daglordjames on August 20, 2020, 07:11:59 AM
We don't know when the "bull run" will come, but there are people predicts when is the "bull run" I mean there's nothing wrong with that, but we must hope that it will come so that we'll have a good harvest.


Title: Re: Bull run is coming?
Post by: lebregone on August 20, 2020, 09:37:08 AM
Everybody loves to see the bull season again and experience again the bull run but declaring that the bull run is already here is somewhat too early especially that we are still facing a pandemic right now that will likely
to shift the mode of the market anytime.

But if they have strong basis in declaring that the bull run is already here aside from the activity that they get from their platform then I cannot argue more about it. What I will be looking is a strong basis like they know
something that the big whales are in the move to make the bull season to reappear again or something like that.


Title: Re: Bull run is coming?
Post by: shaheer001 on August 20, 2020, 10:11:31 AM
Binance CEO is no doubt most experience person in crypto market as he is the CEO of world most popular and big exchange. So his analysis has worth and this is looking good sign for the next bull run.


Title: Re: Bull run is coming?
Post by: chip1994 on August 20, 2020, 11:01:53 AM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
That would be very unlikely to happen in a short period of time. Currently only many whales are holding bitcoin, but small traders like us do not. All want to hold is to manipulate the market and have no intention of making a long-term investment for about 10-20 years. Bitcoin is always in motion and it's driven by whales, they sell off when the economy is in big trouble. Bitcoin's price will not only depend on its supply, but a lot of other factors as well.


Title: Re: Bull run is coming?
Post by: GreenStox on August 20, 2020, 11:35:32 AM
wow, it might be true because he might have looked at the state of the market every time and the market volume this year might be bigger because he has compared it, maybe what ceo binance said is true and will happen, because i don't have a breakdown of daily bitcoin volume and alt in 2017 and compare it to this year.


Title: Re: Bull run is coming?
Post by: inanilujimi on August 20, 2020, 12:14:50 PM
Indeed, in the last month there has been an increase in crypto, especially bitcoin, whether this will continue towards the bullrun we cannot confirm yet.


Title: Re: Bull run is coming?
Post by: Btc_1856 on August 20, 2020, 12:40:20 PM
Binance CEO is no doubt most experience person in crypto market as he is the CEO of world most popular and big exchange. So his analysis has worth and this is looking good sign for the next bull run.

Even in the down trend, he mentioned many times about the market situation will be bearish and based on his experience I might smell how crypto market adoptions are kept increasing. So we should be very careful while investing because there are few fake projects circulate once the market situation changes. So choose wisely for investing.


Title: Re: Bull run is coming?
Post by: Reatim on August 20, 2020, 12:44:43 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
If we will be looking for the movement this weeks?and staying in almost 12k level for weeks?
i think this is correct that Bull run is very near and only waiting for the right timing to strike.
market is greening(but not today as the price start to fall )for correction since yesterday.

what i am waiting now is the 2.0 version of Ethereum that will surely brings all hopes from the losses they have got in the past years.


Title: Re: Bull run is coming?
Post by: poodle63 on August 20, 2020, 12:54:11 PM
Binance CEO is no doubt most experience person in crypto market as he is the CEO of world most popular and big exchange. So his analysis has worth and this is looking good sign for the next bull run.
What already said by him was true to consider some of his points very suit with the current situation that is happening with the market. We can't fully trust his prediction but it looks like we can take a lot of good information from what he was saying above.


Title: Re: Bull run is coming?
Post by: elisabetheva on August 20, 2020, 02:31:10 PM
Binance CEO is no doubt most experience person in crypto market as he is the CEO of world most popular and big exchange. So his analysis has worth and this is looking good sign for the next bull run.
What already said by him was true to consider some of his points very suit with the current situation that is happening with the market. We can't fully trust his prediction but it looks like we can take a lot of good information from what he was saying above.
it is okay to trust the information provided by someone who is experienced in the crypto market, but sometimes if he carries the flag of a company it will be out of balance with the actual development. and we have seen many predictions that have been made by many competent analyzes but the results are also not too surprising or even lie.

so we must also be accustomed to believe in what we see and analyze ourselves because it will help us to continue learning so we don't always believe in predictions that might actually be misleading.


Title: Re: Bull run is coming?
Post by: Psynthax on August 20, 2020, 02:48:07 PM
Binance CEO is no doubt most experience person in crypto market as he is the CEO of world most popular and big exchange. So his analysis has worth and this is looking good sign for the next bull run.
he has good insigth for crypto future, many tweet from CZ give us confidence and make us feel comfortable to buy crypto currrency. basicly as binance CEO he do good job as exchange owner that responsibility to exchanges service developtment and all at once he is also as cryptofluencer with his opinion. we need several people like CZ in this market.
Yeah someone who actually uses their influence to make the whole market better not just spouting nonsense. But, he's still human after all and his insight might be wrong for the future but atleast his insight is not some baseless opinion. Want to admit it or not his service which is Binance exchange contributes to the many adoption of cryptos and he still advertise here and there raising awareness for crypto.


Title: Re: Bull run is coming?
Post by: Wend on August 20, 2020, 03:27:43 PM
We really are in bull run there are a lot of coins being hype and so many recommendation to buy this coin because it's going to the moon, this is how I looked in a bull run although there's a possibility of a sudden or crash, the news of the pandemic is still fresh in our mind, this made us think that anything can happen anytime.
They are many recommendation coins but we need to choose wisely on when in comes of that situation.
Many of us in here it is the time for bull run but somebody said it is not, well it depends on us of which side we gonna be true or not.
And for me I it is better to buy coins even if is bull run or not because the important things in here is how to earn in crypto.
its easy to get fooled now that almost any coin are tempting us due to the incoming bull run .

 thats why you guys shouldnt follow every recomendations because they are only taking an advantage of the situation . when the bull rum is done , they are also done and so as you if ever they got you . @smyslov crash usually happens after a bull and its not because of the pandemic  .
The bull run is always there and we cant blame about the pandemic happen right now on why the price of the coins in the market has been drop. However it depends of the crypto on when they gonna pump the price of coins so we need to be have patience and wait if we want to earn in crypto by investing or trading. And we are so glad for now that we seen the market is continuing increasing the price of some coins like bitcoin and etherium and many other coins followed of it.



Title: Re: Bull run is coming?
Post by: Untomabur on August 20, 2020, 03:39:06 PM
this is Bullrun if you have bought the price of Bitcoin at $ 5000 or $ 6000,
if you buy at a price of $ 11000 of course this is not bullrun, Bitcoin can still touch to $ 13000 if the price does not drop to $ 10000


Title: Re: Bull run is coming?
Post by: jambul_kribo on August 20, 2020, 03:43:31 PM
Binance CEO is no doubt most experience person in crypto market as he is the CEO of world most popular and big exchange. So his analysis has worth and this is looking good sign for the next bull run.
What already said by him was true to consider some of his points very suit with the current situation that is happening with the market. We can't fully trust his prediction but it looks like we can take a lot of good information from what he was saying above.
binance ceo could be crypto expert that we should follow his advice, but beside hear him we must do our own analisys so infuture we could be expert like him and get advantages in crypto market. as exchanges CEO he has many secret information from developer team which is we didnt get it , so its why his prediction mostly come true.


Title: Re: Bull run is coming?
Post by: Princejebs on August 20, 2020, 04:07:48 PM
I actually think the top is except their is any good news for bitcoin. 3.6k to 12k isn't a small run.
While thinking of bull run, every trader should also think of bear market.
No one saw the last time of March flash crashed. Take your profit, dont be greedy.



Title: Re: Bull run is coming?
Post by: Cryptoababe on August 20, 2020, 04:21:20 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)

Well, the CEO of Binance should probably be one of the largest holder of BTC, so when he says something about btc price. There is higher tendency that this will happen. But $100,000 ? I can't put mind on that.. But I wish so.


Title: Re: Bull run is coming?
Post by: bluebit25 on August 20, 2020, 04:27:32 PM
this is Bullrun if you have bought the price of Bitcoin at $ 5000 or $ 6000,
if you buy at a price of $ 11000 of course this is not bullrun, Bitcoin can still touch to $ 13000 if the price does not drop to $ 10000
Yes, the bitcoin price has more than quadrupled in just 5 months. I remember that in March 2020, the price of bitcoin fell below $ 3,500 and since then bitcoin gradually recovered and went as high as it is now. If someone bought Bitcoin at that time, they now have a lot of money from this bull run


Title: Re: Bull run is coming?
Post by: Harriti on August 20, 2020, 04:28:21 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
This is understandable since the vaccine is already in Russia. When that vaccine comes into play early and is delivered in time, things will go even faster and more so. that's why the price of gold is falling, which shows signs of the economic crisis are over. this is the time when we should consider choosing potential altcoins to invest in, which will be an investment season with great returns if Bitcoin rises sharply later this year. I think it will break the $ 12k6 resistance and go straight to the old top.


Title: Re: Bull run is coming?
Post by: el kaka22 on August 20, 2020, 04:29:58 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
This is just some of the stat that contributes to where we are right now, I believe we are already in bull run although I still see some coins having a hard time with their price to pick up, things are getting better we are all hoping in this community that it will keep on like this after the pandemic where the market will perform much better.
That is the thing about bitcoin, back in the day liquidity wasn't this high, even transactions weren't this high, but the sellers weren't this high as well. When you have let's say 1000 people and you get another 500 people, you are not getting 500 buyers right away, you are getting buyers and sellers at the same time, all those new people are selling too.

Plus there is a lot more activity which means back in the day there was 100 bought and 90 sold, nowadays it is 300 bought and 290 sold, the difference is still 10 but at the end of the day the trading is a whole lot of different from the 2017 peak times, there are tons of more money involved and since there is more money involved I just assume that there is more people involved as well but that is not something I can prove.


Title: Re: Bull run is coming?
Post by: Wingo on August 20, 2020, 07:38:28 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)

Not so many people know binance in 2017. But now that it is recognized as the top crypto exchange, hence the increasing users and activities.

Like gold, stocks, and other asset class, cryptocurrencies are now being used to preserve the value of money. With the weak value of dollar and other fiat due to the pandemic, people are finding way to preserve their money. This is one of the main reason why we are experiencing a massive increase in cryptocurrency marketcap and as a result a jump in the price.


Title: Re: Bull run is coming?
Post by: Icologies on August 20, 2020, 07:41:50 PM
there is no sign yet of a high bull run imminent at the moment the market conditions are still under correction although today has increased slightly
but have to be careful fear this is just a trap and bear season is coming back


Title: Re: Bull run is coming?
Post by: suryapro on August 20, 2020, 08:27:44 PM
The bull run is here, for the past few months, Cryptocurrency market has been pumping, BTC pump from $12k and currently retracing while altcoins too keeps pumping. Nothing more to wait for, the bull is finally here, many more pump to come in few weeks to come.


Title: Re: Bull run is coming?
Post by: amos77978 on August 20, 2020, 08:32:24 PM
According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  ;)
bull runs are bad for the crypto community.. slow and steady growth is always the best.. we dont want a bubble... what bitcoin and alternative currencies need right now is a slow but surely growth


Title: Re: Bull run is coming?
Post by: chikading2016 on August 20, 2020, 09:34:21 PM
Bull run will maybe come this year if we are going to look at the price chart some crypto coin are now rising, bit we cannot really see directly that it is a bull run anytime price may always change. I believe that we still need to take it slow and if we wanted to invest we need to still select the trusted coin.


Title: Re: Bull run is coming?
Post by: bbcolex on August 20, 2020, 11:16:09 PM
We all hope for a bull market, Defi's are fueling this altcoin movement and I guess bitcoin will surpass it's current ATH again dragging the alt coins to its new highs. I just hope it will not go down too fast like what happened last 2017.


Title: Re: Bull run is coming?
Post by: Denamen on August 21, 2020, 02:36:59 AM
The bull run is here, for the past few months, Cryptocurrency market has been pumping, BTC pump from $12k and currently retracing while altcoins too keeps pumping. Nothing more to wait for, the bull is finally here, many more pump to come in few weeks to come.
I am waiting for what will happen in the coming months but I hope the market will continue to maintain its uptrend as this is a good thing to make investor sentiment feel more optimistic when investing. I also choose to invest in a lot of altcoins during this time period but Bitcoin is the coin that I hold the most because if this coin goes up then all my current investment will increase.
Of course, if the price of Bitcoin falls, things will be different and that is why I feel so nervous investing in this market.


Title: Re: Bull run is coming?
Post by: Anish02 on August 21, 2020, 02:33:23 PM
We all hope for a bull market, Defi's are fueling this altcoin movement and I guess bitcoin will surpass it's current ATH again dragging the alt coins to its new highs. I just hope it will not go down too fast like what happened last 2017.
In the year 2017 when ico's had been responsible for the hype likewise in the current year DeFi is going to play that role to gain the market price.


Title: Re: Bull run is coming?
Post by: bussybuddy on August 21, 2020, 02:38:52 PM
We all hope for a bull market, Defi's are fueling this altcoin movement and I guess bitcoin will surpass it's current ATH again dragging the alt coins to its new highs. I just hope it will not go down too fast like what happened last 2017.
In the year 2017 when ico's had been responsible for the hype likewise in the current year DeFi is going to play that role to gain the market price.
Yes, I see Defi is very similar to ICO in 2017, it has helped this market go up strongly and there are many new sources of money entering the market. Expect this hype to last until the end of 2020 so that this market can continue to grow and break ATH 2017.