Are The Bulls Back?

[Mikell556]

Joey Krug, chief investment officer of Pantera Capital, made his assumption during an interview with Bloomberg, noting that major players in the financial industry, such as Fidelity Investments and Intercontinental Exchange (ICE), are entering the cryptocurrency space, causing a surge of speculative investments. In his opinion, the market is currently waiting for a specific catalyst to start a bullish rally.

It usually happens that if someone says something, the market eventually goes in the opposite direction. Perhaps this does not always work, but very often.

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[Jamjamz30]

It's already October and in the fourth quarter of the year. Just few days ago, the prices of significant coins rose.by as much as 10%. With that, many became happy because they're thinking of the start of the bullish market. This seemed to be goos news. Hoewever, it didn't have the momentum to continue to rise. Prices just move steadily.

Bullish market, maybe or not. Let's wait for few more days amd see what will happen.

[Puyol]

Bull run is not coming now. If bull run came We should have seen the green for 3-4 days but we are seeing the reds again and will. This was a just Bear season trap. We should wait more because whales earn a lot of money this bear season.

[catsmile]

The market seems to be green again. There's a lot momentum around some coins at the moment. EOS, ETH, IOTA, and so many other coins are significantly well. Even King BTC hit $7k and it has stayed above it for the most part of today. Is it same to say the bearish market situation is over and the bulls back in business to dominate the market?

The market will not return in the next few months. So if you want to continue to be in the market, be patient. Use this time to do other things. Do not put too much emphasis on the market.

[iyke12]

The market is still very bearish , I suggest one leaves the market to hit rock bottom, once that happens we are sure to see reasonable growth in the crypto market.Just secure your investments in good projects and  wait for reasonable growth in years to come. One thing is certain blockchain technology cannot be ignored . So just invest in the right coins.

[globalking]

well its look like the bulls run will start from now that is what I feel after seeing the market for quite a long time I feel this

[Gabri]

So far, it is very shaky and it is not clear where to move the graphics. Like on Monday and began to go up well and on some exchanges even very well. So far, we are marking time and waiting for further developments.

[renault18turbo]

I think that it is too early to talk about bulls. It seems like we are not ready for this movement. But they will come soon

[Unplugged]

I am very optimistic and I believe that this is the start of the bulls comin' back. More and more tokens are getting green lights on.

[xuv500]

Bull run is not coming now. If bull run came We should have seen the green for 3-4 days but we are seeing the reds again and will. This was a just Bear season trap. We should wait more because whales earn a lot of money this bear season.

Definitely i still believe it is very far away because the market is still struggling and there is no stability and the price fluctuates everyday. At this moment I still have faith crypto market as the price will increase.

[Vart4varta]

Hello everyone, I think that the bulls have never left the cryptocurrency market. bulls buy tokens at very low prices. if the bulls were gone then Bitcoin would be worth $ 1.

[Patrix_1]

No, the bulls are not back yet. There are still no signs of a bullish market. We are holding and patiently waiting and we hope the bullish market will come this year and if not, it will come during the next year. But it will come and then we will be rewarded.

[desticy]

While I do not even see the return of a bullish trend, all that is happening in the market is manipulation and price containment. If the ETF is also not accepted, then we will have a prolonged decline, but I see no reason to accept it, the market now reveals itself to be frankly not the best way.

[alrose]

It is still very early to talk about market recovery. Yes, there are good days, and some coins show good growth, but the full recovery has not yet begun. Anyway, I think it will start soon.

[Bytem3]

Co-CIO of Pantera Capital says that in order for the market to go into a new "10x bull run" we would need to make fiat to crypto transfers cheaper and increase the scalability:

https://coincodex.com/article/2502/pantera-capital-co-cio-says-scalability-cheaper-fiat-to-crypto-transfers-could-bring-10x-bull-run/

[Crypdon]

It's not just that fiat to crypto conversions need to be cheaper, but also made easier. It used to be straight forward when using coinbase but now you have to jump through hoops with these kyc conversions before you can use it

[virtfund]

Market needs a huge amount of fresh money in order to go up. Everybody talks about when. But the question that must be how? We need some good reasons like that some of large e-commerce companies must start to use crypto, a country must adopt a currency which will be BTC first, or some regulative framework have to be implemented.

[nityans]

I don't think it's time for the bulls. There will come a time when prices will begin to rise sharply, and there will be no doubt that everyone will understand that this time has come.

[Tilim@Tilim]

The market is developing cyclically always. If you look at the statistics for the last few years, you will see that at the end of the year is usually a strong growth.

[Fittinya12]

We can't tell the bull's future yet.However, the market began to green.I think you should step into the new year for the bull.There is a little more time for the rises that will occur at a time.