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Author Topic: BTC parabolic bull run will not happen everytime  (Read 358 times)
cryptoasis
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July 11, 2018, 07:56:21 AM
 #1

While most of the people are awaiting the massive bull run like in 2017 winter again, it will not be a case again.  While I wish BTC to go into new ATH before the end of this year, I think that reaching 13K to 14K gradually testing every pivotal point before the end of this year is more realistic and more healthy for the market too.

I am bullish in Bitcoin doesn't mean I am expecting parabolic run every time bulls ticks on.  The 20K level that bitcoin reached last year was a enormous craze and mostly FOMO and/or may be manipulation which will not happen again and again.  So, the people who bought at 20K will have to wait for few more years for that massive bull run to return, that's why they always says "patience is key".
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cryptoasis
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July 11, 2018, 03:47:58 PM
 #2

Yes, many also predict that in 2018 this bitcoin price will not reach its peak, and many people who already like no longer trust in bitcoin. But I still believe in bitcoin, if in 2018 this bitcoin price does not jump, then I will remain patient waiting for 2019.

People who lost trust in bitcoin are those who bought in ATH.  People who bought in early 2017 or earlier and did not change into fiat is only regretting of not doing so but they did not lose trust.  They have experienced the volatility of bitcoin price at least twice.  They have witnessed downfall as well as rise.  But after a massive parabolic bull run, it will obviously take more time to recover but who knows usually market reacts opposite what people thinks.
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July 11, 2018, 05:42:45 PM
 #3

we don't know what will happen but what I think is bitcoin price will continue to increase from the foreseeable years to come and it will be a roller coaster ride every time because not all is ready for the technology of bitcoin some are fearful for the risk and some are ready to risk because they are believing that bitcoin is capable.
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July 11, 2018, 05:48:06 PM
 #4

Sure looks like a fractal pattern playing out to me.  Things should be more clear in another 42 months.


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July 11, 2018, 05:54:25 PM
 #5

Everything is possible on the crypto currency market, so never say never. The potential of the crypto currency market has not yet been disclosed by 99%, so there can be a sharp increase.
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July 11, 2018, 05:55:52 PM
 #6

Sure looks like a fractal pattern playing out to me.  Things should be more clear in another 42 months.

What does this mean for those of us suffering from squiggly line blindness?

I have zero expectation of another ATH until the next halving. We could be scrabbling around all over the place until then. I am however dead curious to see how much money is ready on the sidelines if it decides to stretch its legs before then.
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July 11, 2018, 05:59:00 PM
 #7

You may be correct. For Bitcoin's health sake, it may be better that we take a long way to get to the ATH again. Slow and steady wins the race. Rocketing up to $20k again in a matter of days like we did, you end up paying for that high speed action sooner or later. We will go slowly towards $20k, and when people realize how Bitcoin was never dead and it's now higher than ever, the new FOMO cycle will being, exponentially, dwarfing the previous high, just like the $20k peak now dwarfs the insignificant (and insanely high back then) $1300 peak of the MtGox days. The question is, what will be the peak in the next fractal formation? Some say above $100,000 pretty much guaranteed.
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July 11, 2018, 06:00:30 PM
 #8

if it is true and it is more realistic that 13 or 14 so that yege to 20 months I think I do not think it lasts so much last year and I think it was a manipulation the real price of bitcoin does not rise overnight real price is when you scale little by little as it is making firm foundations I say that we expect a good year we expect the bitcoin to continue advancing in the peoples of the world while more people have it stronger will be more difficult to manipulate

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July 12, 2018, 04:36:34 PM
 #9

You may be correct. For Bitcoin's health sake, it may be better that we take a long way to get to the ATH again. Slow and steady wins the race. Rocketing up to $20k again in a matter of days like we did, you end up paying for that high speed action sooner or later. We will go slowly towards $20k, and when people realize how Bitcoin was never dead and it's now higher than ever, the new FOMO cycle will being, exponentially, dwarfing the previous high, just like the $20k peak now dwarfs the insignificant (and insanely high back then) $1300 peak of the MtGox days. The question is, what will be the peak in the next fractal formation? Some say above $100,000 pretty much guaranteed.

yes slow and steady rise wins the game.. and I think bitcoin needs to find a good ground first to build the base for next bull run.  This 6k level has been tested thrice and every time resisted enough to be a good ground for foundation, and I hope the current price action would be last test of this level.. breaking the resistance will be another leg down to may be 4800 level and bouncing off this level would be next bull run, but again not like parabolic bull of Dec 2017 but rather slow and steady. 
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July 12, 2018, 04:41:47 PM
 #10

Yeah, there are too many people holding their BTC because they believe that the coin will go new ATH!
I know bitcoin will have its bullrun this year but hoping for another 20,000 USD each will be a very hard thing to get.
i am atmost 15k this year.
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July 12, 2018, 04:48:32 PM
 #11

So do not worry too much about this very human condition with this market condition, but I do not really understand how the conditions for the future, the most feared to go down further but the opportunity for me to buy at a very cheap price, the increase now is not to go ATH for years now, yes maybe in the next few years will be able to reach ATH, waiting for that trust back then the bull will appear.

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July 12, 2018, 04:54:36 PM
 #12

While most of the people are awaiting the massive bull run like in 2017 winter again, it will not be a case again.  While I wish BTC to go into new ATH before the end of this year, I think that reaching 13K to 14K gradually testing every pivotal point before the end of this year is more realistic and more healthy for the market too.

I am bullish in Bitcoin doesn't mean I am expecting parabolic run every time bulls ticks on.  The 20K level that bitcoin reached last year was a enormous craze and mostly FOMO and/or may be manipulation which will not happen again and again.  So, the people who bought at 20K will have to wait for few more years for that massive bull run to return, that's why they always says "patience is key".

you know what you are doing here? you are doing the same thing as those people you are talking about but doing it in other direction. you say last year's massive bull run will not be repeated this year but you go on to saying that the previous bear market (taking few years) will be repeated!!!

and for that, you are just as wrong as them.
just because something happened in the past it doesn't mean it should happen again.
- just because we had a massive rise last year doesn't mean we should have that every year
- also just because last time the bear market took a long time it doesn't mean each time it should take just as long.

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cryptoasis
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July 12, 2018, 05:10:37 PM
 #13

you know what you are doing here? you are doing the same thing as those people you are talking about but doing it in other direction. you say last year's massive bull run will not be repeated this year but you go on to saying that the previous bear market (taking few years) will be repeated!!!

and for that, you are just as wrong as them.
just because something happened in the past it doesn't mean it should happen again.
- just because we had a massive rise last year doesn't mean we should have that every year
- also just because last time the bear market took a long time it doesn't mean each time it should take just as long.

You've got it right.  I hope it will work as fuel to patience to expect bears to be long.  HOpe it will be less painful waiting this time.
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July 12, 2018, 05:19:04 PM
 #14

While most of the people are awaiting the massive bull run like in 2017 winter again, it will not be a case again.  While I wish BTC to go into new ATH before the end of this year, I think that reaching 13K to 14K gradually testing every pivotal point before the end of this year is more realistic and more healthy for the market too.

I am bullish in Bitcoin doesn't mean I am expecting parabolic run every time bulls ticks on.  The 20K level that bitcoin reached last year was a enormous craze and mostly FOMO and/or may be manipulation which will not happen again and again.  So, the people who bought at 20K will have to wait for few more years for that massive bull run to return, that's why they always says "patience is key".

I agree with you.
It is  unlikely that there will be a similar bull run as before.

Right now I think, that most likely we will see even bigger drop than now before we will start to see gradual movement upwards.
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July 12, 2018, 06:00:24 PM
 #15

Speaking of parabolic bull run with bitcoin that happened a lot last year until last month. Now i think it will never happen again, i mean it will happen but not the high peak parabolic. I think bitcoin value will not exceed 7k this year and it will goes down year by year.

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July 12, 2018, 06:03:51 PM
 #16

Well Bitcoin has always gone through parabolic bull runs till now. And the direction in which the bitcoin price is going, it is preparing itself for another parabolic bull run. The lower Bitcoin goes the faster it is going to pump. Well eventually as the market cap becomes big enough the parabolic rises are going to slow down.
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July 12, 2018, 06:10:06 PM
 #17

While most of the people are awaiting the massive bull run like in 2017 winter again, it will not be a case again.  While I wish BTC to go into new ATH before the end of this year, I think that reaching 13K to 14K gradually testing every pivotal point before the end of this year is more realistic and more healthy for the market too.

I am bullish in Bitcoin doesn't mean I am expecting parabolic run every time bulls ticks on.  The 20K level that bitcoin reached last year was a enormous craze and mostly FOMO and/or may be manipulation which will not happen again and again.  So, the people who bought at 20K will have to wait for few more years for that massive bull run to return, that's why they always says "patience is key".
To mention the nominal increase in bitcoin I can not afford because bitcoin is always difficult to guess, and has its own way to make people amazed or disappointed. for those of you who buy bitcoin at high prices you have to be patient while for people who buy bitcoin at cheap price ready ready to generate big profit, because I see bitcoin start green, although not yet craze like last year.
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July 12, 2018, 06:17:00 PM
 #18

fractal patterns only happen when trading occurs due to dumb/lazy bots programmed to repeat history based on TRENDS

natural non fractal patterns is when trading occurs due to bots and human emotion. where they react to live /new situations and TECHNICALS

trnd anals and technical analysis are 2 separate things. its far btter to avoid trend anals, as thats not natural trading. its not even sensible logical trading. its just dumb/lazy bot programming

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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July 12, 2018, 06:24:55 PM
 #19

Yeah, there are too many people holding their BTC because they believe that the coin will go new ATH!
I know bitcoin will have its bullrun this year but hoping for another 20,000 USD each will be a very hard thing to get.
i am atmost 15k this year.
Nope a lot of people are holding onto Bitcoin because they are at a paper loss. Selling it now will only meam cutting their losses and eith no clear signals that it will go down they don't have other options but to hold their BTC. They are really not hoping for a new ATH at this point they maybe is just waiting for their next opportunity to jump ship and that is the break even point.
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July 12, 2018, 07:18:36 PM
 #20

Still it is uncertain how much the price can go up and it is tough to predict that too. But I am hopeful that the price will exceed the last years peak. I just love to believe that and let's see who wins.
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