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Author Topic: Starting Mega Bull  (Read 428 times)
Sanjeewa101 (OP)
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July 17, 2018, 06:58:36 PM
 #1

Now BTC price is going up immediately, Do you think It is long bull run
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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July 17, 2018, 07:04:55 PM
 #2

Really dont know. But it already gained a lot since just hours ago.
This could pull more investors if good things could take some time.

I am tired of all the FUD's that have been scattered which are all just guesses. It is about time bitcoin prove itself that it is still undervalued even with the recent price. Time to go with the wave for those who are waiting.
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July 17, 2018, 07:40:12 PM
 #3

Let's wait for some movements. Lately, I agree that this would be a sign of a mega bull run as the OP says. With the mega bull run we're talking about, I hope so that this might not result into a mega ruin lol. That's what happened last year.




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July 17, 2018, 08:03:39 PM
 #4

The price of bitcoin after a long has crossed the $7000 barrier which has made the entire cryptocurrency market progress forward as majority of the cryptocurrencies have got it marked in green. With this I believe the bullish trend will continue marking a big change upon the entire cryptocurrency value.
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July 17, 2018, 08:27:07 PM
 #5

Now BTC price is going up immediately, Do you think It is long bull run
Dont get yourself hype too much into this price increase. Yes,it do move up but doesnt mean it would be already starting up a bull run. We have seen the upcoming ETF and such news about Blackrocks
interest in BTC which these factors or fundamentals do affect this price increase but still we cant be sure if it could sustain but for short traders this is indeed a good time to sell out when you enter
6200-6300 price point.

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July 17, 2018, 08:56:06 PM
 #6

Now BTC price is going up immediately, Do you think It is long bull run

The jump was awesome and the price really showed us a surprise increase just now.

Is this the start of much awaited bull run? We can't say and no one knows. Even how good the price increase is, it can be spoiled anytime so don't expect 100% that it will be continous. But it's a good start to see that price again breaks the $7,000 mark. We just have to wait for more actions and see if it can break more price levels before we can considered this as a start of bull run.

Setup your respective strategy now and goodluck riding the trend.

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July 17, 2018, 09:04:54 PM
 #7

Really dont know. But it already gained a lot since just hours ago.
This could pull more investors if good things could take some time.

I am tired of all the FUD's that have been scattered which are all just guesses. It is about time bitcoin prove itself that it is still undervalued even with the recent price. Time to go with the wave for those who are waiting.

I hope its the start of a new bullish event. It would be quite nice to see the market recovering again and have all the HODLs rewarded
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July 17, 2018, 09:14:09 PM
 #8

Well there are a few factors that point to the next bull run.

If you check the weekly chart, BTC held on the 2018 yearly low, it didn't break thru it even with many attempts.

If you check the daily chart, it had an inverse head and shoulders pattern and the neckline/last months resistance was broken at $6800.

Its too early to tell but unless this daily candle turns into a doji or a hang man pattern then the sentlement will be bullish.

Ideally it would be great if it tested the $6800 neckline for confirmation, however since it almost went up $1000 in one day, I think we will keep going up from here.

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July 17, 2018, 09:47:58 PM
 #9

It's too early to talk about the beginning of a bullish movement on the crypto currency market. Now all the crypto currency has grown quite a bit, so wait at least a week to understand the reason for the growth of the crypto currency and whether this growth will last.
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July 17, 2018, 09:53:23 PM
 #10

Now BTC price is going up immediately, Do you think It is long bull run

Maybe this is what we are all been waiting for. The price suddenly went to $7300. I just woke up and find the price really surprising. Although I"m excited to see the price, but I'm still bit cautious because I don't want the price to be artificially pump because it might burst soon. Maybe this is the start of the bull market, but just be careful and don't celebrate yet.

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July 17, 2018, 09:54:45 PM
 #11

I am feeling like it is just a fake pump again. We can see a down market after tonight or after today Because Bitcoin price increased 600 USD plus within a few minutes. It is not normal we know that. So, after seeing any bitcoin pump, many people start thinking that this is the bull run, But that is not right. Though We were waiting to see a pump market in August, it is July now. That's why I am confused. But it can be the start of the August Pump, who knows actually.

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July 17, 2018, 10:03:31 PM
 #12

Maybe it is, may be not. But it seems promising.



But I prefer it to visit sub 5000 prices before going up as I have not accumulated enough bitcoins.
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July 17, 2018, 10:07:49 PM
 #13

Let's hope that it's really new bull market period begins!
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July 17, 2018, 10:39:03 PM
 #14

I am feeling like it is just a fake pump again. We can see a down market after tonight or after today Because Bitcoin price increased 600 USD plus within a few minutes. It is not normal we know that. So, after seeing any bitcoin pump, many people start thinking that this is the bull run, But that is not right. Though We were waiting to see a pump market in August, it is July now. That's why I am confused. But it can be the start of the August Pump, who knows actually.
I also have a lot of questions like yours because the price increase of Bitcoin is pretty sudden and fast in a few hours. I am keeping USDT available to buy into Bitcoin if it crosses $ 7k4 or down to $ 6k. It is hoped that the market will recover to attract investors to participate in this market.

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July 17, 2018, 10:45:56 PM
 #15

Now BTC price is going up immediately, Do you think It is long bull run
Maybe yes and maybe not we really don't know if this pump will continue but honestly it's good to see BTC is go higher this month and I wish it will continuously go higher so we can say that bull run is really started.

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July 17, 2018, 10:57:48 PM
 #16

Now BTC price is going up immediately, Do you think It is long bull run

A good pump up for bitcoin in the past few days but we cannot tell exactly if this pump up is a bull run since bitcoin not really break the $8k to $10k level, but we all know this pump up is promissing that create a big impact to the whole market that gain a good percentages of pump up for a short period of time.

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July 17, 2018, 11:18:26 PM
 #17

Wow.
Thanks for reminding. I havent been looking at the bitcoin price for ages. Grin
Well, this could be a good swing but could also end up as a bad one. Dont forget about the weak hands. They are in the shadows just waiting for that right price and the panic button will be pressed instantly.

Looking at the altcoins, they are in green marks now. Same with ETH at 500.

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July 17, 2018, 11:45:22 PM
 #18

Dont be scared to switch your USDT into BTC or ETH now.. All cryptos will go up until Bitcoin reached 10k, then expect a massive crash until Bitcoin taps 3k. After this the long journey of Bitcoin to $30k, $50, to $100k

Now BTC price is going up immediately, Do you think It is long bull run

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2weent6
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July 17, 2018, 11:52:13 PM
 #19

Now BTC price is going up immediately, Do you think It is long bull run
Yeah! the bull run is starting now and I can see a great buying volume which make this market pump higher. I enter during the dump at the level of $5900 and now I make a good profit, but still waiting for a great run with bitcoin, so be patience because this market will bounce for good.
cryptowolfsu
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July 18, 2018, 12:24:44 AM
Merited by cryptolidus (2)
 #20

When  the market get back and overpass the  levels in May ( around $450 billion ) we can start talking about a start of a bullish market.
Anyway it is positive but strange at the same time that the market has been risen almost $50 billion in last 5 days.
 ( only today $20 billion in 20 minutes) I think it is connected with the Bitcoin ETF  expected decision on 10th of August.
Maybe something leaked out as Coinbase also adding ERC 20 tokens to their platform, and they got green light for trading
digital coins deemed to be securities. Maybe they know something coming ....Looking ahead of exciting days .

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