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There is always a bull run after the halving. Bitcoin has a four year repeating trend.
No real reason for the bull run apart from scarcity generated by the halving.
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I bought ETH at the $100 to $200 range to diversify my investments. ETH in my opinion has the potential to gain more than bitcoin percentage wise. $280 now is looking good. Hope it hits the $1000 in 2021....  |
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 Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains.The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action. source : https://cointelegraph.com/news/analyst-predicts-next-bull-run-will-send-bitcoin-to-150k-and-ether-to-9k
Thoughts please, do you think it's going to happen? Though very doubtfull about it, i would personally enjoy even half of that very much. Sell everything and move to some small island and live of the gains for the next 500 years. That's the dream anyway At least in the back of our mind we are expecting this right? Yeah i have been longing to take my leave in life and pursue my dream house outside the civilization. Living with my wife and children under the sun,with my all living materials and not having any problem at any amount. With my livestock and fruits in veggies in my back yard?with water beside my house and perfect sun set? oh my God i want this to happen. Bitcoin Hitting 150k and ETH to 9k,i will be more than richer as i wanted to be. You and me both  That said you can't be rich enough.... |
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Lets hope. Volume is still very weak....
I was more right than I expected to be... without the volume we will be bobbing up and down for a longer time. I think this Covid thing needs to blow over so people can get back to investing instead of survival. That said I hope I am wrong. Waiting for the new ATH like the rest of us.... Most probably, an ATH will happen next year after eradicating this pandemic. Bitcoin has really been lacking of volume these days, and that's one of the many reason why It's struggling to break the $10,000 level. Though it's also a good thing for the bullish people out there because Bitcoin didn't fall below the support level and still managed to close out at $9,000 everytime it touches the below level. I guess the people's optimism is holding Bitcoin at this current region. Lol My previous estimation based on ATH relative to the halving is that an ATH is 1/3rd in between the halvings. There is approx. 4 years between halvings. With COVID I could be wrong but my estimation has always been July-August 2021. I think this is in line with your estimate as well. |
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Lets hope. Volume is still very weak....
I was more right than I expected to be... without the volume we will be bobbing up and down for a longer time. I think this Covid thing needs to blow over so people can get back to investing instead of survival. That said I hope I am wrong. Waiting for the new ATH like the rest of us.... |
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My experience from the last time this happened it went sideways for very very very very long.
Low volume, no enjoyment whatsoever.....
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In 2021, #Bitcoin will be 12.5 years old and has risen from $0.0025 to over $9000. In 2021, Fiat (eg. GBP, USD) will celebrate 50 years of replacing gold as the world's dominant money—only 4X longer than the age of BTC!—and has devalued 95% due to inflation. Do the math. https://twitter.com/obi/status/1281145849326829570?s=21So at the same growth rate in 2033 it will be $32.4B per BTC.... That works for me (This is insanely stupid, linear unicorn math) |
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Not to be blunt but if you have something to share, please share it. There are many people with TA. A lot are crap, some are good and very very few nail it. If your TA is good then it will earn it's own reputation and following. If you are here for the attention, please leave to Facebook.... Hope you respect my take on it  |
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Lets hope. Volume is still very weak....
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The price of Bitcoin was hovering around $10,000 in February before the coronavirus pandemic led to the U.S. stock market to correct sharply. At that time, analysts expected BTC to pull back as the price had also rejected at $10,500 which is a pivotal resistance level. Surprisingly, Bitcoin price dropped rapidly as it fell below $6,000, ultimately dropping to a yearly low at $3,600 on BitMEX. This caused mayhem in the cryptocurrency market as more than $1 billion worth of leveraged positions were liquidated. According to Woo, Bitcoin was positioned for a bull market before the coronavirus pandemic affected nearly all risk-on markets. Woo’s new model, which accurately marked the start of four previous bull runs, indicates Bitcoin is preparing for another uptrend in the near-term. How do you think? there is something Good happens since yesterday mate. from almost drowning to fall in $8,000 level yet it Bounced back and starts to climb to almost $9,500 last night. This means maybe your post is correct the July is the start of new beginning . There are so much waiting that coming around yet nothing goes favoring us so Lets Hope that this time it's for real and Bull coming sooner. Usually this is shaking out the weak hands. A lot of noob investors bought at $10k-$19k and have been HODLing down and back up. They just want off of this roller coaster. Whales and other investors have to accumulate these coins and that takes time. Whales tend to play around with these fluctuations to make more coin.... Once we pass the $19k we will be well enroute to $70k (my predicted ATH) |
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The fewer people with thousands of coins the better, it lessens the likelihood of frequent manipulation. Hopefully we lost a lot of whales during the last bull-run, I guess there’s a chance uber early adopters could have said thank you very much & converted to fiat, effectively leaving crypto.
If that really happened it is just great for our market because these whales always had the power to swing the market into bull or bearish run out of nowhere just by having the power to control the market by having insane amount of bitcoins. Now days even if a small crash happens there are potential reasons being mentioned on various articles but earlier it was not like that, the market would drop without any reason and then start to rise as the dump is finished by the whale(s). On the contrary though I have a feeling like investors have become more and more smarter and they know people keep an eye on how much rich address hold so they might be saving under the sleeves by having huge bitcoins by split smartly among many wallets/addresses. Spreading risk is a natural thing to do. Multiple keys, gives multiple lines of defense. |
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Don't understand why Elon Musk would have so little BTC.... |
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2020 (Halving): $8500
2020 (EOY): $13,000 <-- Predicted
2021 (Q4): $30,000 <-- Predicted
2020 (Halving): $8500
2020 (EOY): $13,000 <-- Direct up-scaling
2021 (Q4): $260,000 <-- Direct up-scaling
Better?
I just don't believe 2017's ATH mega-pump can happen so fast this time...
I'm quite happy with the green prices. Slow 'n' steady.
My SOMA numbers are like this: 2020 EOY: ATH (21-25k) 2021: 250k-450k Fucking hell boys, do you genuinely think so? Dunno what I’d do with that much money $250k would be very much appreciated  |
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Market Gonna be volatile again! Nothing New though
BTC can touch 9.4K. Tomorrow 1 month & 3 month candle will be closed.So the market may be volatile!And So Always play with safety I mean must use stoploss in trading!Happy Trading Everybody!
You predict volatile market just for today or for longer period of time? Usually summer months are slow cos traders take vacations. But is hard to have less volatility as we had last month. With Corona there is no vacation  |
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Pay off most things like mortgage and be a free man... let the rest mature further
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The answer to the topic title is "could be, but nobody knows for sure" Why or why not?
Because, you know, time travel and crystal balls don't actually exist, so nobody knows what future holds. Time travel does only in the wrong direction 🤣 |
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ATH is always approx. one year after halving. I say end Q3 2021. At least 50k
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The halving has always been the bottom of the logarithmic curve. This means that the current price is approximately the lowest it will be in the future. When bitcoin pumps it will go somewhere between 300% and 2000% of todays price in about 2 years, if history repeats itself. P.S. I've not taken the time to verify the percentages so see them as balls-park figures  |
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We have a black swan condition. All TA went out the window.
Once corona is under control and life adapts, we will continue the bullish trend...
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Second day of less deaths and first day of less new infections here in The Netherlands. Hope we keep this up. We have no lock down yet, and going out on the motorcycle is truly amazing right now, hardly any traffic and hardly any cops. Will treasure this memory forever.
As a famous Dutch philosopher once said: "Every disadvantage has it's advantage (Elk voordeel heb zijn nadeel)".
Just make sure you don't fall of the bike and possibly need medical assistance, that is exactly what this all is about.
It's not only about not getting the bat flu bug only, it's generally about avoiding to need medical care right now. In best case for you, you take the bed from someone needing it, in worst case you don't get the treatment you'd get in regular times.I've been on racetracks when young (ages ago), I understand the fascination of having your knee on the tarmac at 200km/h totally - but still #StayAtHome and possibly save a fellow Dutch's life! This is the fact that many dont appreciate. Great advice. +1 WOsMerit Johan Cruijff was not a Dutch philosopher. He was a football player and captain. He did have some very good quotes... |
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