Q2kc (OP)
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$100k per 1 BTC in Year 2020
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July 24, 2018, 02:58:31 PM |
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What do you think about this bull run right now? BTC recently breaks $8000, is it a bull trap or a real deal? FOMO? people converting their Alts to BTC? I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.
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letsfly
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July 24, 2018, 03:03:27 PM |
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You're right its really hard to tell. Bitcoin already broke 8100, I do believe that there are some FOMO happening at this time but if ETF is approved. It is going to get higher. In my opinion , Im also going to ride the waves until maybe 9k or 10k.
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Newboybb
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July 24, 2018, 03:05:35 PM |
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I think this is probably because etfs give people a lot of confidence, so many people choose to buy bitcoin again. So I think that's the fundamental sign of a bull market.  |
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Psynthax
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July 24, 2018, 03:13:41 PM |
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What do you think about this bull run right now? BTC recently breaks $8000, is it a bull trap or a real deal? FOMO? people converting their Alts to BTC? I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.
I think that you should try to make a comparison between the last year ETF (winklevoss) with the next ETF. I will expect the same thing will be happened with bitcoin. after ETF and there will be a slightly decrease to the bitcoin price. I have bought more than 10 bitcoin when it was around 5800 and try to sell some at ETF announcement date |
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dzelenyanskiy
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July 24, 2018, 03:14:57 PM |
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My congratulations to all crypto-enthusiasts - today we was pleased that after the bitcoin, all altcoins finally began to grow! Let this bull race will last very long !!!
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chocopapaya
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July 24, 2018, 03:22:54 PM |
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Well, the ETF decision has been pushed to September, so it is still awhile to see if that will have any significant impact on the market.
Mostly, I think after seven months of crashing and slumps, people will take any news as hope.
This can be a good and bad thing as it can jumpstart confidence in the market again which can grow into a full on bull run.
Of course, it can also be bad because it can easily lose steem quickly, then people lose confidence, start hodling again, and it crashes.
Me, personally, I feel like this is the gradual start of our next bull run that will culminate around october or so.
Crypto isn't dead by a long shot.
Btc especially has got one or two more crazy bull runs ahead.
The timing is really right and things are looking to be pretty crazy in the next couple months.
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tomahawk9
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July 24, 2018, 03:42:32 PM |
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What do you think about this bull run right now? BTC recently breaks $8000, is it a bull trap or a real deal? FOMO? people converting their Alts to BTC? I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.
It's not a bull run. What we're seeing today (or for the past few weeks) is a combination of several factors: bulls trying to trigger a new bull run, people going from alts to btc, bearish sentimet hsa cooled down, increase of bullish sentiment, a bit of FOMO, etc etc. And I doubt this is a bull trap, I think we went past that point when we broke the 7500 resistance level. About whether to buy or not, well, look at the price right now, 8100. Jump on the bandwagon or wait for a pullback in the price. It's very difficult to anticipate market now because of bitcoin ETF. the Bitcoin ETF hasn't been approved yet. |
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caisa88
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July 24, 2018, 03:50:52 PM |
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It doesn't look like a bull trap to me. Right now the price of Bitcoin is really close to 8200$, and it doesn't look like it will stop from growing soon. It's very possible that it will touch 8500$ in the next days.
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Crypdon
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July 24, 2018, 03:52:58 PM |
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When the ETF gives the green light it will be too late, pump will be too big. FOMO is kicking in right now, they need to buy now before it is too late. It will jump straight back up to 20k
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IgorShumilo
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July 24, 2018, 03:56:54 PM |
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I'm sure that in 2019 there will be a strong rally of bitcoin. The ETF will not be approved in September, they will be transferred to the end of the year, and this will cause a strong correction at the end of September, be prepared for this. But the ETF will be approved and this is only a matter of a short period of time.
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berrygood
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July 24, 2018, 03:57:58 PM |
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Both are alright for me I've bough both btc and altcoins when it is $6000 and that is bottom, I will hold so even though it is bull trap there is nothing changing for me.
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yrrehc16
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July 24, 2018, 03:58:44 PM |
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BULL RUN!! its been told before that we just need to wait for the half time.
we have ended the 6th months of the year. i can tell that 9000 is nothing before this month ends.
and i am 99 percent sure for that.
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Cubic Earth
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July 24, 2018, 04:05:47 PM |
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It is possible that this really started a bull run! We have been waiting for him for a very long time. The market is very tired of depressions for the whole year. Maybe we will see the price in 10 000$ in the near future.
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poorwhale
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July 24, 2018, 04:05:52 PM |
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Its really hard to tell.. but its breaking ressiyone by ine so lets hope.. ilets also hope that alts go up also together with btc..
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Cryptmuster
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Glory To Ukraine! Glory to the heroes!
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July 24, 2018, 04:10:46 PM |
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My congratulations to all crypto-enthusiasts - today we was pleased that after the bitcoin, all altcoins finally began to grow! Let this bull race will last very long !!!
I think this is the time that we waited a very long time, bitcoin shows a very good growth trend and this has been going on for about a week. For me, this growth was predictable because after such a prolonged fall it was logical to expect the market to grow, and I'm sure that bitcoin will now pull up the entire market. |
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SuperP
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July 24, 2018, 05:19:49 PM |
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We can notice that now the market is in the channel that controls the price of bitcoin for about 2 months, so it remains only to wait.
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Svelto
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July 24, 2018, 05:32:37 PM |
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I guess many of us won’t know whether this is a bull trap. It is better to monitor the market longer. I do think that ETF decision matters on whether the bull run will continue.
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Tanya_TKH
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July 24, 2018, 05:41:34 PM |
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If tomorrow the day closes at the level of 7700, then most likely there will be a downward movement.
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Hui8
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July 24, 2018, 05:55:09 PM |
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What do you think about this bull run right now? BTC recently breaks $8000, is it a bull trap or a real deal? FOMO? people converting their Alts to BTC? I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.
Its neither FOMO or buy trap but its the real deal. Well the time has come where bitcoin has started to regain its dominance one more time and it stands at 47% now. I guess this is clearly the bull run and not the trap. Whether people are converting altcoins to the bitcoin? Yes off course they are because this is the time where they are seeing the perfect opportunity of buying bitcoin and they dont want to miss out themselves from profiting. Most of the people might be correlatign the current situation with the past year. So there is high chance most of the people will sell for the BTC. |
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ashmodeus
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July 24, 2018, 06:07:28 PM |
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It's not a bull run. What we're seeing today (or for the past few weeks) is a combination of several factors: bulls trying to trigger a new bull run, people going from alts to btc, bearish sentimet hsa cooled down, increase of bullish sentiment, a bit of FOMO, etc etc. And I doubt this is a bull trap, I think we went past that point when we broke the 7500 resistance level.
i aggree with your speculation when i see the graph, btc get a constant raising inversely proportional to altcoin which tends to fall down also the marketcap increased by almost 50 billion from 15th july |
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