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Author Topic: Bitcoin Price Bounces Back Above $8200, Are Bulls Finally Here?  (Read 569 times)
redsun114
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October 29, 2019, 01:33:44 PM
 #61

Indeed we would love it to become a bull run for facing reality that is just wishes. At this very time bitcoin price is dangling with 7450$ price value so this said the bull run is a bit far from bitcoin's reach
The bull is being beaten by the bear as we are witnessing the downfall to this current situation, Bitcoin is not in a good shape right now and if weak holders
will continue to follow the current movement there's a lots to expect from the market downwards.
Time to buy for investors who still looking for long term and will not be worry if in case the price will fall more deeper.
I think now, people just need money more form the market and we have to know that it is not every money that is being kept in the market that is actually meant to be there for life, people have different reason why they put bitcoin in their wallet and decisions can be made at any time, at this particular time, someone must have made a very big decision that involves huge amount of money.

All these we really cannot avid seeing happening, the people we call bears actually have right to their money, what we just need is adoption, if we have adoption from people on the level of payment and not just for investment, we can always see that bitcoin value will rise more than it dumps, but if it is still the level of investment alone, there will always be more dump than a pump.

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Ferris419
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October 30, 2019, 04:11:29 AM
 #62

The very recent Bitcoin bounce back just broke the bearish line, so, we retrieve from going into the bear season. Now I gotta say the crypto market won't see a downfall this year. People are talking about Bitcoin at 20K USD by the end of the year, I didn't agree with this prediction, but now I think it can happen too. So, you can loudly say, bulls are coming back into crypto!

Bitcoin is gonna hit 100K usd
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October 30, 2019, 04:20:51 AM
 #63

The very recent Bitcoin bounce back just broke the bearish line, so, we retrieve from going into the bear season. Now I gotta say the crypto market won't see a downfall this year. People are talking about Bitcoin at 20K USD by the end of the year, I didn't agree with this prediction, but now I think it can happen too. So, you can loudly say, bulls are coming back into crypto!

It's too early to say that we're about to have a bull run. Remember $10,000 is supposed to be the support level since we left that figure from the last time we have an ATH, and right now we can barely touch the $10,000 level again after it went down from the other day's pump.
Let's have to wait until it breaks the resistance level before we celebrate for the bull to come in the market.
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October 30, 2019, 04:33:06 AM
 #64

Bull trend i believe will come next year, maybe before halving, and a moment after halving. But i am not use analysis because i can't. Only speculate and maybe not suggest people to follow what i do. And for not correction and recovery will keep happen, because beside demands that i  believe still high on bitcoin, some reason will make it get correction in market.
Speculation is what majority of us have actually been using too and none of us is really so sure of what the future price of any coin will be. Bitcoin has been on a bull run for long time now, we only don’t have it is its full form, and for it to come in its full form, I think that it will be that next year as you say because of the halving.

The expected halving will make people to want to buy bitcoin then in anticipation that the value will rise after the halving, so there is every possibility that FOMO be present there, making the value to shoot till it reaches another new peak, and by this time next year, I am so optimistic that the value of bitcoin would have entered $35000, but like we always say, it is all speculation and not that we have any tool to properly analyses this.

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KennyR
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October 30, 2019, 01:14:57 PM
 #65

Bull trend i believe will come next year, maybe before halving, and a moment after halving. But i am not use analysis because i can't. Only speculate and maybe not suggest people to follow what i do. And for not correction and recovery will keep happen, because beside demands that i  believe still high on bitcoin, some reason will make it get correction in market.
Speculation is what majority of us have actually been using too and none of us is really so sure of what the future price of any coin will be. Bitcoin has been on a bull run for long time now, we only don’t have it is its full form, and for it to come in its full form, I think that it will be that next year as you say because of the halving.

The expected halving will make people to want to buy bitcoin then in anticipation that the value will rise after the halving, so there is every possibility that FOMO be present there, making the value to shoot till it reaches another new peak, and by this time next year, I am so optimistic that the value of bitcoin would have entered $35000, but like we always say, it is all speculation and not that we have any tool to properly analyses this.
Accuracy in the prediction can't be expected with bitcoin price. It is done based on different calculations in comparison to the previous year as well as the time period connected with halving. These days more discussion is about the growth, and this has occurred on account of China's decision. We aren't sure, as there is nothing official or a perfect tool to calculated the move.

The price has recovered after falling low to $7500. Once the price began to fall from $8000 people started to speculate as a time for buying and the drop will continue for a long. To the expectation market behaved in the opposite direction with bitcoin reaching above $9000. I believe once the price will drop low before it gives a price pumping of the year.

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October 30, 2019, 01:35:50 PM
 #66

Bull trend i believe will come next year, maybe before halving, and a moment after halving. But i am not use analysis because i can't. Only speculate and maybe not suggest people to follow what i do. And for not correction and recovery will keep happen, because beside demands that i  believe still high on bitcoin, some reason will make it get correction in market.
Speculation is what majority of us have actually been using too and none of us is really so sure of what the future price of any coin will be. Bitcoin has been on a bull run for long time now, we only don’t have it is its full form, and for it to come in its full form, I think that it will be that next year as you say because of the halving.

The expected halving will make people to want to buy bitcoin then in anticipation that the value will rise after the halving, so there is every possibility that FOMO be present there, making the value to shoot till it reaches another new peak, and by this time next year, I am so optimistic that the value of bitcoin would have entered $35000, but like we always say, it is all speculation and not that we have any tool to properly analyses this.
Accuracy in the prediction can't be expected with bitcoin price. It is done based on different calculations in comparison to the previous year as well as the time period connected with halving. These days more discussion is about the growth, and this has occurred on account of China's decision. We aren't sure, as there is nothing official or a perfect tool to calculated the move.

The price has recovered after falling low to $7500. Once the price began to fall from $8000 people started to speculate as a time for buying and the drop will continue for a long. To the expectation market behaved in the opposite direction with bitcoin reaching above $9000. I believe once the price will drop low before it gives a price pumping of the year.

The situations is somehow explainable to most people who bought btc during slight pumps, in which some traders surfed out then ride on to the wave of price bounce. Someone might expect another bulls tried to blast off the bearish period, but still it was frustrating to watch the trend tremendously goes down after $10K breakthrough was hit at few seconds then back at almost $9K and beyond. It's not a big deal if the price go dipper, as long as it strikes a good price after and bulls will now take its dominance someday.

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