Bitcoin Forum

I remembered 2020 how the market plummet to 700 to 500billion dollars during the pandemic and how May, june and july was so dry that many fears it was the end. suddenly, the market became alive in August and crypto made history. Btc Rose from 10,000 till over 60,000 within months. Are we in for another ride or just market movement in 2021?

I'm still optimistic that the market will continue to move up for now but I hope there is a correction at the rate of $27k if you want to return to the ATH point at that time, and if the price continues to rise until August, maybe later in Q4 there will be a correction in a return like a cycle price every year.

Don't you think that the recent breaking of ATH has made it the 2021 bull run already? And just because of that, most speculators have said that it's going to be the same from the end of 2021 to the year 2022. That it's going to be breaking the ATH. With the current holdings of the price, it is possible to have another bull run. Hopefully, soon it can happen.

Anything can happen but clearly looking, you don't need a soothsayer to tell you that the market no longer sustain the seller and the buyers are now willing to accumulate much at this level, hence the chances of going down might be in action soon.
Also, don't try to compare previous bull run to this one, their pumped event are not similar. Again, China Fud is becoming less effective unlike in the past.

The reality is we've had enough already, hoping for a new bull market is asking for too much, I'm 70% sure that bear market is real and whatever we seeing currently is just little recovery but way down is certain

I don't think there is anything happening in the market that is suggesting a bull run, I don't think am anticipating any bull run till maybe the end of 2021, the market has been sluggish, forward or backward. Many have torn out sheets of paper and doing the arithmetics to see if bitcoin is following any pattern, I don't think it is. And if I can remember what I predicted on the contest, I think not more than $50k at the end of 2021.

2021 bull run already happened in May and ended. I'm not optimistic like you, we may see way longer stabile days. Market is not looking strong for another bull run this year, at least for now. I would be surprised if we see one more bull run in same year. I don't call it bear market like Bravehash said because coin prices didn't surge. Market is stable.

We don't know.

But what I like on this sudden rise is that we're having a joyful ride because we don't see it drop more than $29k. And that is the important part that we are longing for.

If this sign is for the another bull run, then that's great. But if it's not, that's okay.

Well soon? It could be too early to tell. Enjoy the rebound to 33k while you still can, but I am just gonna keep my BTC held for now. We should already be happy that we manage to get past 60k last time as our ATH.
We can only hope for another break to it.

for as short a recovery as possible. but for a bullrun like last year, no. because after yesterday's long rally, the market needs a lot of power to get pumped up again. and it takes a long time. this cycle may take at least 2-3 years. so for the rest of this year the market trend will only be sideways and tends to decline.

We never know, since the start of that livestream of Elon, Jack, and Woods, the market looks impressive though. The whales really didn't bring down the market all the way down to $20k which could be disappointing to some who are already looking forward. It's good that it's more than $34K again.

Don't be too optimistic about this rise. It could just be a bultrap. Many will probably sell their coins already before it could even hit that $36,500.

no one knows where the market will move after this, but for me by always reading the latest news on the cryptocurrency market, then we will be able to predict more accurately. we know the influence of news can lead bitcoiner opinion to make transactions, so we will know the forecast of market movements. many predictions of many people about crypto, but most of them cannot guarantee their validity

it is everyone's hope. the market could soar again like last year. but the reality is tough, the market doesn't have the strength to start another rally. In order to start a bullrun, we first need to have some solid reason for it to pump. but the current market situation does not have that.

That can happen and there may not be an increase in BTC for 2021. Because it seems as we know, that BTC has a level of trust that has been recognized by many people, unlike other coins, friends. It is possible that coins other than BTC have a much faster rate of market movement for a short period of time.

I'm not sure ATH will be reached again this year.
some upside movement is currently looking good. but I don't think it will be in full force to make a bull rally.
what happens is a pump and then a correction. after the dump occurs you can see the market situation as it happened several times. this indicates market power but not for pumps. this holds back a deeper correction from happening.

Yes, we are on the verge of a digital revolution but the market is heavily manipulated. If you are investing with a long term mindframe, you will make it. I'm staking Celo and NEAR in preparation for the next big move.

It is still market movement without knowing if this will be other rises for bitcoin and altcoin because there is no clear clue for that.
We can expect that the end of this month will be a good time for bitcoin to rise again.
If bitcoin can rise and back to $40k, there is a big chance for bitcoin to still increase in the next month by the end of this month.
But the bitcoin price gives us another surprise because the price can lift and back to $34k so it will still increase in the future.

on this very moment its still unpredictable because some experts when it comes analysing the graph of bitcoin saying we need to wait for more results as it's still have a chance to make a false break out, and yes i agree with their theory as its steeping the new resistance and seems don't have enough strength because of the long red candle stick that suddenly appeared.

actually few hours ago Bitcoin is up by 4% and now seems its in critical situation because it's showing 1% up something as of today.. If the percentage didn't improve within 24hrs for sure it will fluctuate again in my personal opinion.

We should expect it to go up again in 2021. However, the possibility of that happening is still there. In 2020 only a few months later the market situation changed for the better. Therefore, I feel confident that in 2021 there will be another price movement.

Honestly people needs to stop comparing this bull run to 2017 bull market, things might not end up the same way, instead you should work on preparing for the both sides cos anything can happen, be prepared instead of making a guess

Since we don't really have any idea where it will go I am just using history as my reference for the movement. IMO, there will be not much absurd fluctuations that will happen until the end of this year. Not even December because it already happened when we reached $59k.
I am expecting just $1000-$5000 movement and it won't go that far.
Remember when it went 20k then plummet to 12k stayed with it then 9k IIRC. Stayed long on that price, pulled down again like a rubber for a little amount of time and bent back reaching now. Also consider the division of investments in different cryptocurrencies and NFT.

I think we'll see Bitcoin break its all-time high in the next few months. During this time the price will fluctuate but eventually, diamond hands will win.
The price of Bitcoin was suppressed by manipulation and FUDs whales bought at a 50% discounted price.

What kind of power are you talking about sir

Whatever the market condition is, I am good to go. For the time I have spent in the cryptocurrency space, I understand that times like that will always happen and we cannot only be going up in price but we will also witness downward movements and might take some time before a significant recovery is achieved again in the market so, as long as I have my investments in, I will wait out the price till it is right again.

I think the market is having a correction before the overheated bull run when BTC hit $64000. This is much better than BTC continuously rising with no signs of stopping.
Perhaps after this correction, the market will have a new development and BTC will rise again.

Its right that market has recover its self too soon in 2020. And make his historical prices. But now its a time that we are little bit in bearish but some people taught that bear market are still remain they has taught that btc will hit 20K to 26K after that market will be recover because of too much buyer . when btc will hit 26k may be bull run will be start. But now are in bearish

Obviously, we have reach bull run already as you have said. But the question is that are we done yet? No one really knows, bitcoin for instance have been predicted to reach $100k this year. And we still have 5 months to accomplished it, it is doable? absolutely, and if we didn't reach it this year, maybe 2022 we might see another super fast bull run. So we will have to wait and it, market is volatile as we all know and it might favor us in the end.

The bull run happened this year 2021, so that's already a good trend mate. We've already reached the ceiling and the market was already over bought that's why the price starts to correct and until now we are still down. I don't expect any bull trend later this year because that's over and we have to wait for another bull cycle that can happen in the next 2 years, we'll see. 

We obviously had our corrections already, the market is down -50% after that huge rally we have up to April. And then after that the price plummeted and many thinks that the bull run is over.

In my experience in this market, it's cyclical, 2017 was the last bull run we see and then it was repeated this 2021 after the block halving. But as long as there will be good news that will come in the last quarter, who knows, maybe a new all time high is there to be reach before the end of 2021.

still optimistic that the market is on the right track. My prediction in Q3 is that the market will recover, this will start when ethereum starts an update for EIP-1559. after that the market will gradually rise until next year. like last year where the bull run started at the end of the year. this will happen again. I'm very optimistic about this. hopefully there is no news of another ban causing the market to crash.

power I mean is like when Elon Musk uses his influence to pump DOGE. the market needs that kind of power to get pumped up again. or very positive news so that people have a reason to buy.

For now for the Bull run yet. although in these two days the market conditions began to show a better price increase than the previous week. both traders and investors are still looking and waiting for an opportunity to enter the market because BTC has not fully penetrated its resistance. for now only a few koi/tokens based on online games are pointing towards a fast movement Like Alice and I also hope the stock market will be fine.

The solution at this time, if you want to buy coins / tokens, make sure the prices are low and use the installment pattern and not all in assets.

I believe that no one can know 100% exactly how it will be, but personally, I still believe that by the end of 2021 there should be another round of growth in cryptocurrency prices. I proceed from the theory of cyclicality and at the end of 2021 the next cycle ends, and as can be seen from the history of the development of the crypto market, at the end of each cycle there is a large increase in prices for cryptocurrencies. So for now, I see the development of events in the crypto market exactly like this, but we will find out how it will actually be soon.

current Fud was structured and many whales from any countries want to invest in cryptocurrency market but its hard for them if buy on peak. Creating fud was be their strategy to get cheap price. in few days ago bitcoin touch around 29800 and maybe its good price for them to accumulate as much as they can. When we see positive news  it could be trigger directly.

My personal assumption is, that we don't see another bullrun in 2021 again like in 2020, because i think it is still to early for that to happen again. Since the beginning of may the markets overall direction is to go down. Personally i would already be happy if we could stabilise now for a couple of weeks in an area of around 33k for Bitcoin and above 2000§ for Ethereum. Once the price stabilises and afterwards starts to increase again for that big crypto currencies then the small cap altcoins will also start to grow again.

Well I am ready whenever it's happening.
One of my alts already like negative from ath at apr-may 90%. So I just hope the cycle got faster this time and we can see another bull run. Despite the market downturn a few alts like AXS.SAND is growing in price, they have something in common, nft theme. So I hope they kickstart this new cycle of Bullrun.

Call me crazy, but so far what happened in 2021 is looking like a carbon copy of 2017. Back in 2017, we had a major dip by the middle of that year, before the crazy bull run took Bitcoin to an ATH level of $20,000. BTC went up by 22 times in 2017 and most of the alts went up by 100 times or more. But what worries me is what happened next. In 2018, we had the big crash, when BTC went down by 85%. ETH went down by 95%, and altcoins like ADA and TRX went down by 98%-99%. So far the first 7 months looks like 2017. Will that hold true for the next 5 months?

As for me, the bullrun happened already and it will take time for it to happen again. Just like what happened in 2017's bull run, the price of Bitcoin dropped down in 2018 so I'm expecting that the same thing could possibly happen again. However, I'm still not disregarding the possibility that Bitcoin might break its own record anytime.

The statement that the crypto space is unpredictable is always true, and based on that, no one can say for sure if we are in for another ride or not. Many experts has predicted many things but however none is yet to actualize, thus proving the fact again that no one can predict this space nor even answer your question.
But in an attempt to answer and in my own opinion, bearing in mind that crypto market moves a lot with trend, such as in the IEO and Defi trend, now we are talking about NFT and most NFT projects are already pumping, thus it is my observation that if all works well, we might be in for another ride.
Lastly, another fact is layer 2 technologies which is becoming more interesting, thus another believe of mine that we have a lot to experience this year in the crypto space which will also point to another good ride.
All these are just my own speculations because the crypto market have a mind of its own.

The positive price action is pointing to some positive price rise.  The Cryptocurrency market is unpredictable and we may or may not see Bull market this year. If we were to go by Cryptocurrency market circle, the bull market previously had should be the end for this circle.  But things are changing, and new influencer like Elon is disrupting Cryptocurrency norms.  I hope things change for better in Cryptocurrency market because my portfolio is already eroded by this bear market.  

We are but it looks like so many crypto investors were still waiting for the bitcoin to be able to break 35k as the main resistance to make bitcoin can break 40k again. It seems like that we will see riding another bullrun when the bitcoin will able to surpass 35k.
The time will tell us but we may see the result in the next month. Bitcoin is showing a very good indicator to go to the moon

I hope that happens, stay optimistic and always check the latest news about crypto market developments. Judging from the past few days the market has decreased, for now it can be said to be stable. it's really difficult to predict, only hopes and good events that have happened in the previous year become a comparison for the increase in the market at the end of 2021 later. many say this will not even reach a bull run, but there is nothing wrong if we continue to fight and believe this could suddenly happen, at least we have prepared ourselves rather than nothing.

You forgot there are no clear rules or a fixed cycle for the crypto market. everything can happen and from the beginning, we can't predict everything based on the habits that occur in the market.
each moment will have different action and response. we now have a different and more powerful market. however, we will not really know what will happen in the future. predictions will not always be correct. we can only try the best we can do.

Till now I'll say the bear market is not over yet. There are certain conditions which will guide you to understand the market. I'll say until bitcoin stay a week over psychological resistance 40k and technical support around $41200 we are not safe. Now bulls are taking charge little bit but anytime bears can act. For a new ATH we will be needing some very positive news back to back. But when btc will be stable above $41k and marketcap above 1.5 trillion. I'll say the alts will be booming.

No, I don't think we go up once in every downward trend. I think that's what's happening right now We can go a maximum of fifty thousand at the moment
If we go further from here, we can expect to reach new heights and you are right, BTC can do anything.

We probably experience another run like what we had this year and only those people who are persistent and patient enough to hold their BTC even though the market is not looking good these days. Other people are waiting for the market to make a sign to pump up then they will follow to buy just like what we saw in the first quarter of this year. Maybe if we have some straight good news until the end of this year, that would make the price recover and will make everything right again in the crypto market.

This is the general expectation by everyone, we went from below $10k to $60k plus in 2021 and that too the market rallied in a short period of time and the market is resting after that huge rally and since the market is having a good support at $30k for months i am expecting we could breach the resistance at $42k in the coming months and we might see another rally and hopefully we could even tough the all time high again by the end of this year.