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Author Topic: Do you suppose $8200 may be a sign for the bull run?  (Read 608 times)
supertalker (OP)
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August 07, 2018, 03:56:57 PM
 #1

The rising prices of bitcoin from falling is what we all are waiting especially to any or all WHO did a purchased from $20k. does one suppose the present very little steps of bitcoin may be a Battle of Bull Run sign?
I have a doubt that it's not nonetheless the Battle of Bull Run, will|this will|this could|this may} not bring US assurance, not till bitcoin can manage to achieve at least $12k. What are you able to say regarding this?

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August 07, 2018, 04:03:08 PM
 #2

In technical terms, the btc frame is showing a good sign. Now if btc goes up to test the resistance level of 8k2 again, the very high possibility that btc will cross the resistance and reach the 10k $. Our view is that those who are investing below 8k should be locked in strong resistance points to ensure profit before the trend is clear to decide next. This is my personal opinion, respect!  Cool Cool Cool
panfils
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August 07, 2018, 04:05:13 PM
 #3

Breaking the 7800$ could be a good sign, so 8200$ can absolutely be it.
But the most important thing is check HOW it will break that limits, if fast or slower; it will be really important.
dangkhoasn
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August 07, 2018, 04:07:38 PM
 #4

I think bitcoin will be grow the 10k million in the end of the year of this year.  Grin Grin
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August 07, 2018, 04:09:17 PM
 #5

I wouldn't bet on 8200$ or any other threshold as a bull run as market is still manipulated by whales, news etc.

Do you think that if whales decide to sell huge amounts of btc (=> bear market) or to buy huge amounts of btc (=> bull market) they will check any sign/support values/thresholds? I don't think so.

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Deepa18dec
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August 07, 2018, 04:13:05 PM
 #6

Market is in bearish trend for long because it is being manipulated by big investors or say whales. If they don't want it to go beyond 8000, then it wont go. They'll simply put sell orders to dump the price again. All predictions of 50k or 100k at the end of year doesn't mean anything when we talk about Bitcoin. They are all baseless.
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August 07, 2018, 04:25:26 PM
 #7

There's no signs of assurance when it comes to bitcoin values. We all know that it's really unpredictable and the market is very volatile so fluctuations won't be predicted accurately. It is a possibility that there will be a bull run but it could mean a trap as well. Weaker hands always lose the games so as of the current situation of bitcoin's performance in the market we better hodl if we really believe and trust the technology for we will surely profit in the near future.
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August 07, 2018, 04:33:51 PM
 #8

The momentum wasn’t sustained. It is now back to $7,000 levels. I think it’s safe to say that $10,000 is the sign of the next bull run.

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August 07, 2018, 04:39:54 PM
 #9

I think that when the market changes the trend to bullish, we will all know about it and understand this. There will be global positive news. They will serve as a driver of growth.

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August 07, 2018, 04:58:19 PM
 #10

The rising prices of bitcoin from falling is what we all are waiting especially to any or all WHO did a purchased from $20k. does one suppose the present very little steps of bitcoin may be a Battle of Bull Run sign?
I have a doubt that it's not nonetheless the Battle of Bull Run, will|this will|this could|this may} not bring US assurance, not till bitcoin can manage to achieve at least $12k. What are you able to say regarding this?

Share your views about this.

Yes, last high price is sign bullish trend. Need wait 8500, 10000, 12000..
This is easy point for Bitcoin. Sooner or later will be bullish market for BTC.
perova93
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August 07, 2018, 05:09:40 PM
 #11

crypto market is not clear! It is very difficult to predict what will happen to bitcoin tomorrow or in a month! there are so many traps for traders when they expect growth, and bitcoin is falling in price! soon there will be growth, but probably not in August!
Kprawn
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August 07, 2018, 05:37:03 PM
 #12

You know, Bitcoin is very unpredictable. Some people think they can apply normal trading algorithms and trends on Bitcoin,

but 9 out of 10 times, they fail. The sudden increase in the price last year was totally unexpected and it caught a lot of people

off-guard.  Grin  If you told in January 2017 that the price will increase with 800%, then I would not have believed it, because it

never happened before.  Roll Eyes  There is no Bitcoin cycles, so predictions is fruitless and a total waste of time.  Grin

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dothebeats
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August 07, 2018, 06:04:53 PM
 #13

We've been to $8k ranges but the advances of the bulls were stopped abruptly by the delay of the SEC's decision about the ETFs. Moreso, the bulls had also given up their grip on the matter, resting a bit before a possible hype build-up following an expected positive decision from the SEC. As of now, any advances made price-wise is nothing but natural market volatility and movement. The fluctuations are quite normal as of late, and nothing special signifies yet another bull run. $8200 will just be a regular high not until enough hype is built.   
sebo.k
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August 07, 2018, 06:44:39 PM
 #14

Until Bitcoins bypass the 10,000 USD price mark there would'nt be any sign that it is going to run in a bull form. I trust that by the time it crosses 10,000 it will be a better for traders to be assure that it is ready to reach back the all time high again.
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August 07, 2018, 06:47:14 PM
 #15

we were over $8200 a few days. nothing changed. the price fell.

a proper bull run will happen when there are less people scratching around looking to label every modest move up as a bull run.

if it smashes 10 grand with confidence maybe things will start moving properly. i don't expect that this year but never say never.
AutisticKid007
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August 09, 2018, 07:10:47 PM
 #16

I think the last last time BTC reached 8;200$ mark was because of the hype created by the Winklevoss' ETF hearings. However; if everything goes in positive way; there will be more ETF hearings in the future and one of them might get accepted triggering the bull run.
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August 09, 2018, 07:20:43 PM
 #17

I'm sure Bitcoin will be 5.9-6K in the near future, and in the middle of September there will be no sharp increase in Bitcoin's price.
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August 09, 2018, 08:35:00 PM
 #18

If it happened now it would certainly be a bull run. Don't confuse bull market with a bull run. We are still in a long term bear market, but it can have its bounces, jst like the one two weeks ago. If we went up by 2k USD now it would be a decent run and most likely a final end of the bear market. Why? Because if you look at the big picture the bear market is slowing down. I believe we are not more than 6 months from the next bull market.

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August 09, 2018, 09:49:02 PM
 #19

When the market changes into the bullish trend; there will be global positive news! But the market is very unpredictable and volatile so fluctuations can’t be predicted accurately. But I think BTC will grow up to 10k million in the year end.
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August 09, 2018, 09:55:58 PM
 #20

When the market changes into the bullish trend; there will be global positive news! But the market is very unpredictable and volatile so fluctuations can’t be predicted accurately. But I think BTC will grow up to 10k million in the year end.

And if the time comes for the bullish trend, see to it that there are news that will also break our enjoyment seeing those positive news.

Those news that aims (all the time) to disrupt bitcoin to reach new all time high's will be there, as usual.

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