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oscarrsm
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June 03, 2018, 09:35:04 AM |
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On the one hand, everyone is waiting for a frenzied market. But on the other hand December last year was very pumped. And this situation, which we have seen for six months, originates from December. People invested too much, and many were disappointed.
If the green candle continues for some time, then we can talk about some kind of forecasts for the bull market.
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duchaitp
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Activity: 308
Merit: 10
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June 03, 2018, 09:43:11 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
I think yes. The green market is a good sign. Let's wait for the good days to come back. Keep your faith in the future. |
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zxfffz
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Activity: 168
Merit: 10
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June 03, 2018, 09:45:01 AM |
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Today's market conditions are indeed very good. Most cryptocurrencies have started to rise. Bitcoin has also had a great turnaround. I hope that such market conditions will continue to last!
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Killrbit
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Activity: 224
Merit: 31
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June 03, 2018, 09:46:05 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
While its great news that BTC has recovered and did not break that dreaded 6.8k trend line, its important to temper expectations. All the charts still show that we are still in the same downtrend and its in my opinion naive to think that 5-8% move up can be categorized as the start of the next bull run. Its better to be cautious and not make these type of calls right now. IMO you cannot call a trend reversal until BTC breaks 8.8-9.2k and can establish a higher high from the last upward movement |
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waynechong1995
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Merit: 117
swing!
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June 03, 2018, 09:50:01 AM |
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Not entirely sure but the fact that previous peak is 8k and there's lots of resistance going on which slows down the gains, i wouldn't predicate that deep but from what i see market has became mature and lots of speculators are not willing to reinvest their earnings, catalysts are scattered around and seems like we need something bigger to push it further, cryptomarket itself is pretty established in our social but seems like there's much more to achieve but investors are happy with the previous price.
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BTCeminjas
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June 03, 2018, 09:55:38 AM |
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Not entirely sure but the fact that previous peak is 8k and there's lots of resistance going on which slows down the gains, i wouldn't predicate that deep but from what i see market has became mature and lots of speculators are not willing to reinvest their earnings, catalysts are scattered around and seems like we need something bigger to push it further, cryptomarket itself is pretty established in our social but seems like there's much more to achieve but investors are happy with the previous price.
All of these are too early to celebrate were not yet in bull run the price of bitcoin are steady in the range of 7k USD, It is hard to predict the price movement of cryptocurrency. Well, let's wait what's gonna happen by this month at least we are prepared for the bull run to invest now as much as you can and let's all wait when the price bouncing back. |
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titan20
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June 03, 2018, 09:57:17 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
I'm not sure if this is the beginning of the bull market, but I hope so. If the downward trend keeps these days, no wonder that BTC can drops below $ 7K.  |
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mikyadel
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Activity: 448
Merit: 100
Arabic Translator
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June 03, 2018, 10:08:12 AM |
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it's only because some chinese money is entering the market (as of what i heard) . that doesn't mean that we are going bull run. we should see constant rise for few days first before confirming GREEN.
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kateycoin
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June 03, 2018, 10:22:43 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
All of us is still hoping that this is the start of bull run but we don't have any assurance so better to watch for now the market to know if the bull run will be start. I think some of us is thankful because the price is not decreasing below 6k. |
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sateyaam
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Activity: 280
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June 03, 2018, 10:23:11 AM |
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very good news, it seems like dragon sleep has messed things up,
I really hope that's the case, and hope the market continues to grow and be green.
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Rtalk
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June 03, 2018, 10:27:36 AM |
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The beginning of bitcoin Growth will be confirmed after a few days of growth and consolidation above 7 k.So far, it is difficult to talk about the beginning of the bullish trend.
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musta5a
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BITDEPOSITARY - Make ICO's , More Secure
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June 03, 2018, 10:38:09 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
hard to tell, there have been few bull attempts lately, but it always reversed. Whether it happens today, in a month or in a year, the price simply have to grow, I'm very confident |
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Salelo
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GIGZI
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June 03, 2018, 10:46:37 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
All of us is still hoping that this is the start of bull run but we don't have any assurance so better to watch for now the market to know if the bull run will be start. I think some of us is thankful because the price is not decreasing below 6k. I also agree to observe it first, because it prevents us from getting caught in a cheap price if it turns out this is not the beginning of the market price increase |
GIGZI INDEPENDENT WEALTH MANAGEMENT Crowdsale Starts on 23rd November 2018 |
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Storeplex
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June 03, 2018, 10:50:50 AM |
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I think it's impossible to say. We all thought this was the case a month ago and look where that ended up. Just be careful and don't get your hopes up too much. Importantly of all, enjoy the green while we have it!
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batang_bitcoin
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June 03, 2018, 10:51:33 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
I hope so but its not yet enough to say if this is really the start of the bull run. We may have see it on positive but lets still study the wave if this is the final batch for the bear market and it's totally had an exit. If bitcoin hits $10,000 soon we can say that it finally had an ending for the bearish market. |
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BaeNaNa
Full Member
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Activity: 286
Merit: 100
Cryptics
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June 03, 2018, 10:54:33 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
A little bit green doesn't mean the bull is starting, it's just a rebound from the drop several weeks ago. I also think that the bullrun won't happen this year, a lot of people got burned from the crash and it will take a long time until they come back again. I do hope that we can grow slowly this year to build a stronger foundation so the crash won't happen that bad again. |
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St4yInTh3D4rk
Sr. Member
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Activity: 686
Merit: 264
"STAY IN THE DARK"
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June 03, 2018, 10:58:07 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
Who knows,it can be.  But still the price dump is under 5% with the bitcoin price so it is just a normal bump range which is always happening with the crypto field so don't predict too early that may start of the price growth is more than 10% |
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hunnykaushal
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June 03, 2018, 10:58:57 AM |
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It have major resistance at 7900$ , if it cross 8k$ , then there are chances of bull run but no sure. Market decide everything, prediction is hard.
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gela888gela
Newbie
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Activity: 141
Merit: 0
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June 03, 2018, 11:14:38 AM |
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Bitcoin finally awakens from its dragon nap and had a push to 7.7k usd +
Is this Bull Run starting?
Today's green market, bitcoin grows slowly but I still doubt it. Can only observe it first, think positively, and continue to expect the price to reach $ 8k or more. It is hard to predict what will happen next. |
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deloreswest
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Activity: 350
Merit: 10
Open and Transparent Science Powered By Blockchain
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June 03, 2018, 11:18:14 AM |
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I really hope its true. If bitcoin could reach 10k in the end of this month i believe it would bring many good thins to crypto market and it will impact to other coin. It have major resistance at 7900$ , if it cross 8k$ , then there are chances of bull run but no sure. Market decide everything, prediction is hard.
yes all of us only able to predict. I do predict bitcoin will reach 8k in the middle of this month and after that bitcoin will stable on 7800-8000$. |
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