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Author Topic: Is this a start of bull rally in ALTCOIN?  (Read 658 times)
btc78
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April 08, 2022, 11:05:50 AM
 #101

I hope it will work much better in April. One thing to keep in mind though is that the price of all coins depends on bitcoin. In that case I am very optimistic that the price of bitcoin will go up in April. And if so, a much larger pump can be seen. Let's see what happens.
you have posted in april , actually in first week so what would be the changes for that ?  or are you assuming about the whole 2nd quarter? because we have sudden in what had happened in the 1st quarter though it is expected as the aftermath of the Bull year in which will followed by bear market.
I hope it will work much better in April. One thing to keep in mind though is that the price of all coins depends on bitcoin. In that case I am very optimistic that the price of bitcoin will go up in April. And if so, a much larger pump can be seen. Let's see what happens.
if not in april at least before this quarter ends we will finally see the 50k return for Bitcoin  so altcoin may follow hard again.

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April 08, 2022, 12:32:38 PM
 #102

indeed the crypto market is currently increasing, but it is very difficult to determine with certainty whether this is the beginning of a bull run rally, because I see that until now the price of altcoins is still very volatile in the market, most likely the price will decline again and it could also rise again, the point is that we must always be careful in dealing with the current market situation,

Increasing how? have you seen the https://coinmarketcap.com/? looks like the market is in red now, bitcoin is down 3.62% in the last 7 days, so it doesn't say that it's increasing now. The pump maybe just a fake pump or a bull trap, let's see if the price will recover again, but one thing is sure, there's no bull run yet.

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April 08, 2022, 02:15:06 PM
 #103

indeed the crypto market is currently increasing, but it is very difficult to determine with certainty whether this is the beginning of a bull run rally, because I see that until now the price of altcoins is still very volatile in the market, most likely the price will decline again and it could also rise again, the point is that we must always be careful in dealing with the current market situation,

Increasing how? have you seen the https://coinmarketcap.com/? looks like the market is in red now, bitcoin is down 3.62% in the last 7 days, so it doesn't say that it's increasing now. The pump maybe just a fake pump or a bull trap, let's see if the price will recover again, but one thing is sure, there's no bull run yet.
Indeed at that time the price of Bitcoin began to rise but for now what happened was that the market was back in the red,
it is not easy to predict the market and hope that conditions like this will only last for a while and can see Bitcoin rise again,
it seems quite difficult to see bullish in the near future we'll see

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April 08, 2022, 04:20:49 PM
 #104

I don't think this is the time or the start of a rally in altcoins, because I think the crypto market is still not stable where many altcoins have increased and decreased in a very close period of time, it seems quite difficult to see bullish in the near future,

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April 08, 2022, 09:15:07 PM
 #105

I don't think this is the time or the start of a rally in altcoins, because I think the crypto market is still not stable where many altcoins have increased and decreased in a very close period of time, it seems quite difficult to see bullish in the near future,
Strong support for the Bitcoin price is at $42000, if the Bitcoin price is below $42000,
it's possible that we have entered the bear phase, from 2020 to 2021 the Bitcoin price is bullish, and indeed it may be bearish time,
but if the Bitcoin price can stay at $42000 and experienced a bounce, then the bulls will continue and the altcoins will party again

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April 09, 2022, 03:42:50 AM
 #106

indeed the crypto market is currently increasing, but it is very difficult to determine with certainty whether this is the beginning of a bull run rally, because I see that until now the price of altcoins is still very volatile in the market, most likely the price will decline again and it could also rise again, the point is that we must always be careful in dealing with the current market situation,

Increasing how? have you seen the https://coinmarketcap.com/? looks like the market is in red now, bitcoin is down 3.62% in the last 7 days, so it doesn't say that it's increasing now. The pump maybe just a fake pump or a bull trap, let's see if the price will recover again, but one thing is sure, there's no bull run yet.
Indeed at that time the price of Bitcoin began to rise but for now what happened was that the market was back in the red,
it is not easy to predict the market and hope that conditions like this will only last for a while and can see Bitcoin rise again,
it seems quite difficult to see bullish in the near future we'll see

It was just a short-term rally, without any sign that we are in a bull market. People got so impatient and wanted a bull market again and all fell into the bull trap. We have had a strong bullish year in 2021, so this year will be a year of accumulation or even decline so don't jump to conclusions when you see short-term rallies. I predict bitcoin will not break through 42k resistance, if we lose this resistance we will see more red market.

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April 09, 2022, 06:38:05 AM
 #107

indeed the crypto market is currently increasing, but it is very difficult to determine with certainty whether this is the beginning of a bull run rally, because I see that until now the price of altcoins is still very volatile in the market, most likely the price will decline again and it could also rise again, the point is that we must always be careful in dealing with the current market situation,
Bull run for altcoin? nope I don't think it is what we have now  look at the market and check how the prices dropping again now.
increasing last week as the start of New quarter happens  but maintained and decrease actually the value nowadays.
what i wanna see here is that the market is showing stable ?
I don't think this is the time or the start of a rally in altcoins, because I think the crypto market is still not stable where many altcoins have increased and decreased in a very close period of time, it seems quite difficult to see bullish in the near future,
at least the price of altcoin has their Move up , and look how it performs now ? are we seeing the good deeds of the altcoin market for everyone.

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April 09, 2022, 09:27:52 AM
 #108

Quote

Strong support for the Bitcoin price is at $42000, if the Bitcoin price is below $42000,
it's possible that we have entered the bear phase, from 2020 to 2021 the Bitcoin price is bullish, and indeed it may be bearish time,
but if the Bitcoin price can stay at $42000 and experienced a bounce, then the bulls will continue and the altcoins will party again
Yes this is very danger area. 42k should not be break otherwise we will see bleeding in Altcoin market. Yesterday Bitcoin was down and hit 42121 figure but thanks God the major resistance not broke. Now BTC trading above 42k+ . Bitcoin need recovery back to 44k+ and then we will see altcoin recovery also.

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April 09, 2022, 07:21:48 PM
 #109

Increasing how? have you seen the https://coinmarketcap.com/? looks like the market is in red now, bitcoin is down 3.62% in the last 7 days, so it doesn't say that it's increasing now. The pump maybe just a fake pump or a bull trap, let's see if the price will recover again, but one thing is sure, there's no bull run yet.
Indeed at that time the price of Bitcoin began to rise but for now what happened was that the market was back in the red,
it is not easy to predict the market and hope that conditions like this will only last for a while and can see Bitcoin rise again,
it seems quite difficult to see bullish in the near future we'll see
That is what they say that the market now is in high volatile state. If you check the price is red now but if you check it again, it will now be green. I don't know if how long will this continue but many wishes that it will end because it annoys them while there are others who don't complain with it because they can ride the waves accordingly.

It's hard to predict the market nowadays so we should take extra precaution when buying a coin. Much better if you wait for a while and see if the market is getting stable even just a little bit before you decide if you will buy or not. This could also be applied for those who want to sell some of their hodlings.
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April 10, 2022, 08:36:48 AM
 #110

indeed the crypto market is currently increasing, but it is very difficult to determine with certainty whether this is the beginning of a bull run rally, because I see that until now the price of altcoins is still very volatile in the market, most likely the price will decline again and it could also rise again, the point is that we must always be careful in dealing with the current market situation,
Increasing how? have you seen the https://coinmarketcap.com/? looks like the market is in red now, bitcoin is down 3.62% in the last 7 days, so it doesn't say that it's increasing now. The pump maybe just a fake pump or a bull trap, let's see if the price will recover again, but one thing is sure, there's no bull run yet.
Depends on where you are looking from. If you are looking from one week ago, it is dropping, if you are looking at from one month ago, it is increasing. However I agree, it is not in a bull run and it is not increasing as of right now. Even though there are few coins that did alright weekly, like near or mina or doge, that doesn't mean that the market is doing alright, daily it is not even that good and nearly at 1% drop just for the daily.

So, I would totally agree with you on this one, it is not looking that great and I agree. However, you have to underst, after being under 40k for so long, people see 43k as an increase and doing alright.

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April 10, 2022, 10:31:29 AM
 #111

Increasing how? have you seen the https://coinmarketcap.com/? looks like the market is in red now, bitcoin is down 3.62% in the last 7 days, so it doesn't say that it's increasing now. The pump maybe just a fake pump or a bull trap, let's see if the price will recover again, but one thing is sure, there's no bull run yet.
Indeed at that time the price of Bitcoin began to rise but for now what happened was that the market was back in the red,
it is not easy to predict the market and hope that conditions like this will only last for a while and can see Bitcoin rise again,
it seems quite difficult to see bullish in the near future we'll see
That is what they say that the market now is in high volatile state. If you check the price is red now but if you check it again, it will now be green. I don't know if how long will this continue but many wishes that it will end because it annoys them while there are others who don't complain with it because they can ride the waves accordingly.

It's hard to predict the market nowadays so we should take extra precaution when buying a coin. Much better if you wait for a while and see if the market is getting stable even just a little bit before you decide if you will buy or not. This could also be applied for those who want to sell some of their hodlings.
The market is really unstable and I thought a few days ago when the Bitcoin price continued to rise it was the start of the market improving,
it turned out to be wrong and until now the market trend is still up and down,
keep up with the progress and see what happens next

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April 10, 2022, 12:00:10 PM
 #112

In my opinion, the ups and downs of market prices are very reasonable, with the current condition of market movements, these few days traders can take advantage of them to be able to get profits, market price movements like this have often happened, so for those of you who want to wait until the market moves down far from the current price, and conversely the price could rise even higher, and of course you will regret that you chose to wait for a decline, because anything can happen, and it could also be that the market price could drop very badly in the near future, so do what we want and think, and never be afraid of what will happen because everything has a risk and we must dare to step up to be able to take risks for what will happen.

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April 10, 2022, 05:13:53 PM
 #113

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Strong support for the Bitcoin price is at $42000, if the Bitcoin price is below $42000,
it's possible that we have entered the bear phase, from 2020 to 2021 the Bitcoin price is bullish, and indeed it may be bearish time,
but if the Bitcoin price can stay at $42000 and experienced a bounce, then the bulls will continue and the altcoins will party again
Yes this is very danger area. 42k should not be break otherwise we will see bleeding in Altcoin market. Yesterday Bitcoin was down and hit 42121 figure but thanks God the major resistance not broke. Now BTC trading above 42k+ . Bitcoin need recovery back to 44k+ and then we will see altcoin recovery also.
Does $42k is a safe zone for altcoins?

Afaik, when Bitcoin moves, altcoins moves too but I was surprised though when after all the pumps in the past few months Bitcoin price still hodls and stay at $40k+ even though we are nearly moving to the bear market. I guess this is how people do their jobs when they knew how the market works after what it has done to them in the last Bitcoin bull run on 2017.

People keep expecting something from the altcoins even though most of it are not worthy but there are few among them that are worthy to be or invest in. Perhaps it's the time to accumulate instead of keep waiting when is the next pump.

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