RECENT BITCOIN BULL RUN GOOD BAD OR UGLY

[btcmaster999]

The trend is kind of similar what I have seen in my previous experience before so it is I think too early to comment anything but I hope it keeps going up.

[cryptoshops9944]

I think the sign is pretty good. Even researchers are also saying that this year bitcoin is going to hit a massive jackpot. So everything looks just fine. But this is crypto world you know. Anything can happen anytime. Let’s hope for the best.

[butterfly8226]

Bitcoin is going to have a bullrun I hope. The symptoms looks like that. I hope it will cross a new milestone. So I think if anyone have bitcoin they should hold it for a good amount of profits.

[bitcoindiary]

Everyone is waiting for a bitcoin bull run. I guess it will be massive this year. But cryptocurrency world is quite confusing that the picture can be changed anytime. So no one can give assurance. But as far as researches says that the bull run will be pretty good.

[Bardman]

Technically speaking it looks like a bull flag formed on the daily chart, we have good volume today, if we are able to break the resistance around 7800$ bulls are going to be in amazing shape for the next few weeks, if not price could consolidate downwards which in my opinion isn't that bad considering how overextended the RSI is.

Either way I think the bulls are definitely stronger than the bears right now and anything higher than 7k would still look good for the bulls. Time will tell, bull/bear break will happen within 2 days or so.

So it was a bull flag and we destroyed the 7800$ resistance, the RSI now is even more overextended but the bull volume is amazing, increasing bull volume all day. Bulls look extremely strong right now but I still think we need to consolidate. The RSI needs to cool off a little bit. Everything above 7200$ is a higher low so we have plenty of room for consolidation.

[winterland]

Well as everyone can see btc has made somewhat of a recovery in the last couple days i was interested in some opinions  if people really think this is the run that will take us to a new high or will it be short lived and will we see a even lower low in the coming weeks,   please feel free to to give your opinions.

It is not clear what it is going to happen my intuition is telling me we are going to see an important recovery in the next months, unfortunately for me I simply do not have the money to take advantage of the situation in the market so I am just going to watch and keep holding my coins as I have always done, the timing is terrible for me but I cannot change my circumstances and the lack of spare money that I need to invest.

[DeadCoin]

Dude whats ugly with crypto? Pumps and dumps are their nature and both are really for goods. When the values are low, its really a good time to buy and gather as much as one can. like wise when the values are high, yes its a good time to sell and get the turn over. Make use of the opportunity when it comes in. Last 7 months have been so good for buying and yes the current situation is to earn profits if you are holding now. Study the market and move with it.

[biogesic]

It's definitely good of course at it gives public confidence. Dont forget to secure your profits however.

[coinages]

In my opinion it just the recovery of BTC price. And it will be the first signal of bull run. I think when the price will rise 30% or even more then bull run happen.

[Shinpako09]

Of course, recovery is always good wether it's just a showy or not but I don't think this run will take us to a new high. Having a new ATH in just a year seems impossible although it's different from the past. I still believe it will take few years again to have a new ATH.

[tosmartak]

Well as everyone can see btc has made somewhat of a recovery in the last couple days i was interested in some opinions  if people really think this is the run that will take us to a new high or will it be short lived and will we see a even lower low in the coming weeks,   please feel free to to give your opinions.

Well, one thing for sure is that we are still in a bear trend since we have still formed a lower high and a lower low already on the longer time frame and the possibility of still seeing a pull back at some huge resistance is going to somewhat end up playing out. Now, it is either we form a lower low at $8500 or a double top at $10k region. The only time this can change a little bit is when we get to see bitcoin hit past that above with a very good volume and that should likely be when we can simply state the obvious to the upper side, but for now, nothing is certain.

[ausbit]

I saw that the price is increasing for couple of days. I think it is this is going to be a bull and the price will rise really high this time. I hope people are investing more this to get benifitted in future.

Well hope is the thing with feathers and as long as you are hopeful in the world of crypto, you will be passionate about your investment. I agree the price is on the rise in the market and this started since the start of July. So far a rise of more than $1200 is recorded.

This might get accelerated soon because we are approaching December and some experts are of the view that Bitcoin will cross the $20000 target in December so the growth in the coin might quickens.

[The_Dark_Knight]

I am hopeful that this bull run will take us to the highs that we're all asking. This is good for all the bitcoin holders and someone who says that this is ugly holding alts.
And that is causing their portfolio damaged.

Unfortunately for many this is not a bull run, right now almost all the market is down and it does not seem like it is going to recover soon, but that is irrelevant we need to be prepared to hold our coins for years, that is the only way we are going to get profits or in the case of all of those that invested when the price was very high this is the only way to get their money back.

[tabas]

I am hopeful that this bull run will take us to the highs that we're all asking. This is good for all the bitcoin holders and someone who says that this is ugly holding alts.
And that is causing their portfolio damaged.

Unfortunately for many this is not a bull run, right now almost all the market is down and it does not seem like it is going to recover soon, but that is irrelevant we need to be prepared to hold our coins for years, that is the only way we are going to get profits or in the case of all of those that invested when the price was very high this is the only way to get their money back.

Yeah I've seen that there's big drop since few days ago and all of our expectation didn't met. I've been always prepared with any consequences and outcome from the market so I don't really think that we'll stay on this line for a very long time or if it will, I can calmly watch the market and do something else to remove that intense emotion.

[winterland]

It is all about patience if you want to go a long way with your bitcoin. Recent trend says price will go up very soon. So better hold tight and enjoy your run!

It is in a way, all the markets are a kind of a staring contest in which the first one to blink losses, the market is going to move in a very aggressive way and if you sell that is the equivalent of blinking and you lose, but if you are able to maintain yourself calmed no matter what then you will keep your coins and you will be able to take advantage of a future bull market and get profits that way.

[welchmgra]

I am hopeful that this bull run will take us to the highs that we're all asking. This is good for all the bitcoin holders and someone who says that this is ugly holding alts.
And that is causing their portfolio damaged.

Unfortunately for many this is not a bull run, right now almost all the market is down and it does not seem like it is going to recover soon, but that is irrelevant we need to be prepared to hold our coins for years, that is the only way we are going to get profits or in the case of all of those that invested when the price was very high this is the only way to get their money back.

Yeah I've seen that there's big drop since few days ago and all of our expectation didn't met. I've been always prepared with any consequences and outcome from the market so I don't really think that we'll stay on this line for a very long time or if it will, I can calmly watch the market and do something else to remove that intense emotion.

I think that it was just the beginning, but it does not last for a long time.  but still people are expecting that another bull run is going to start and this time bitcoin price will reach to 15000 in a single rally.  I think that we should prepare ourselves for that bull run because it will be the best opportunity to make some money or at least to recover our previous lost. 

[gabmen]

I am hopeful that this bull run will take us to the highs that we're all asking. This is good for all the bitcoin holders and someone who says that this is ugly holding alts.
And that is causing their portfolio damaged.

Unfortunately for many this is not a bull run, right now almost all the market is down and it does not seem like it is going to recover soon, but that is irrelevant we need to be prepared to hold our coins for years, that is the only way we are going to get profits or in the case of all of those that invested when the price was very high this is the only way to get their money back.

Yeah I've seen that there's big drop since few days ago and all of our expectation didn't met. I've been always prepared with any consequences and outcome from the market so I don't really think that we'll stay on this line for a very long time or if it will, I can calmly watch the market and do something else to remove that intense emotion.

I think that it was just the beginning, but it does not last for a long time.  but still people are expecting that another bull run is going to start and this time bitcoin price will reach to 15000 in a single rally.  I think that we should prepare ourselves for that bull run because it will be the best opportunity to make some money or at least to recover our previous lost. 

I don't even know why some people actually thought it was a bull run. It was a simple recovery that warranted a correction which is what's happening right now. Wait until the real bull run happens since that would likely propel us above 10k

[lavanderN]

I am hopeful that this bull run will take us to the highs that we're all asking. This is good for all the bitcoin holders and someone who says that this is ugly holding alts.
And that is causing their portfolio damaged.

Unfortunately for many this is not a bull run, right now almost all the market is down and it does not seem like it is going to recover soon, but that is irrelevant we need to be prepared to hold our coins for years, that is the only way we are going to get profits or in the case of all of those that invested when the price was very high this is the only way to get their money back.

Yeah I've seen that there's big drop since few days ago and all of our expectation didn't met. I've been always prepared with any consequences and outcome from the market so I don't really think that we'll stay on this line for a very long time or if it will, I can calmly watch the market and do something else to remove that intense emotion.

I think that it was just the beginning, but it does not last for a long time.  but still people are expecting that another bull run is going to start and this time bitcoin price will reach to 15000 in a single rally.  I think that we should prepare ourselves for that bull run because it will be the best opportunity to make some money or at least to recover our previous lost. 

I don't even know why some people actually thought it was a bull run. It was a simple recovery that warranted a correction which is what's happening right now. Wait until the real bull run happens since that would likely propel us above 10k

I agree - it was no bullrun at all. You’ll probably have the usual weak hands selling right now.

[Shinpako09]

Imo, every rise is good for me wether it's just a trap or followed by fall. A rise is still a rise no matter what. Aside from haters who else doesn't want a rise or who else see a rise is bad or ugly? of course no one. All rise is good even it's just a short or big rise.

[BitBustah]

Its hilarious how people were sayin "I wish I bought bitcoin when it was cheaper"  Well now they have the chance considering the major discount from the all time high price, but most investors are scared.  The key with investing is putting your money in when others are scared to.