Do you think their will be another Bull Run this year? I D0 NOT THINK SO!

[pakhitheboss]

I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

[1713566313]

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[asdlolciterquit]

if you say so, you think that will never be a bull run like the past bull run in the future...

well, i'm pretty sure that there will be an other great bull run, but not before 2020..

[BrewMaster]

.... nor I want to speculate.

when you are talking about what price is the possible price for bitcoin then you are speculating!

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

this has little to do with bitcoin. this trend or better said "cycle" of pump and dump happens among altcoins every now and then. usually every summer we have something like this when there is a lot of altcoin pumps which eventually get dumped on their newbie bag holders.

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

that doesn't sound like a logical move from a normal person to me. you are saying a person who has held for 10+ months from $20000 down to $5800 is going to sell if price goes to $9000!
let me ask you this: why did this person hold for this long? why didn't he sell the first time price recovered to $9900 after dropping to near $6k?
why didn't he sell the second time price fell to $6k and recovered to $8-9k? why not the third?
what makes this time any different for this particular type of person?

[bangkecol]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

In terms of logic, you might be right, that using an analysis like this only uses logic without seeing it in terms of technical and fundamental analysis.

If you associate bitcoin with an ICO that fails, it seems like it's not too significant I think. Why is that? because every ICO is failing the majority due to the many scam projects that are scattered, this actually shows not because of the system of the blockchain itself. also not about the dumper that makes investors really careful to take ICO.

Bitcoin price movements tend to fluctuate and it is natural, please see from various sources, whether forex, bond, commodity, all will go up and down how a supply and demand work in trading.

[tegarp90]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

Crypto is so unpredictable, even when the price predicted by bill gates or any richest man. It's still unpredictable.
I think there are big whales are controlling the market and we'll just can follow the waves

[Juggy777]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

Hey for all the ranting here you are discussing about Icos and not about bitcoins those two are different things and don't have any relation, except at times people do believe bitcoins influence alts prices which is true but alts never influence bitcoins prices. If you're not aware google and Facebook have revoked their stand on crypto ads, sec has been forced to rethink about bitcoins etf, and yes the bull run will come when etf will be approved. I don't know where you calculated people will dump it at 9k another absurd claim, bitcoins has shown slow but steady movements and in the long run we should see good returns on our investments.

[avikz]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

One simple question to you,

Why do you need a bull run when the market is actually showing a sign of stabilizing??

I believe that a stable bitcoin price is far better than a bull or bear market.

[sell100]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

I think there will be a bull market at the end of 2018. Last year, the bull market was at the end of the year. If the US government approves the Bitcoin ETF, Bitcoin will soon break through $50,000.

[gentlemand]

So, Where will the bull run come from?

More demand than supply that leads to eventual mania. There was one in 2011 and another in 2013. There was no particular reason for them to happen. They just did.

I don't think we'll see a sustained move upwards for another 1-2 years. The 'reasons' will only seem obvious in retrospect. News does not spark it. The herd mentality does and it doesn't need an excuse to do it.

[Eleven86]

The entire year has failed to the show the best of cryptocurrency so far but still most of them are desperately waiting for a bullish run as there is a need of increase in value. I strongly believe that it will recover slowly and gear up.

[norachuks]

what ever it is we should not forget that December is still far for us to conclude, but I really think that there will be another Bull Rull by December.

[Kprawn]

A lot can happen in a short period with Bitcoin, because it only takes one killer App or some big online ecommerce company to

accept Bitcoin for the price to take a massive spike. It is for this reason why price predictions are so worthless and a total

waste of time. Bitcoin is unpredictable at most and people should not make assumptions based on previous price history. I

am preparing for another Bull run, no matter what other people might think. 

[Bugatti73]

Yeah, i think it would be in next year. Becouse huge investors make a lot of money at this BULLRUNS and they will make another one run.

[MinarchistCoin]

No. Next major bull run will be around 6 months before the next halving.

[Radio-Active]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

Your opinion is plausible, investors nowadays dont investing in crypto blindly anymore. They start to using their money wiser.
But some whales still can manipulate the market by pumping the price of crypto when they already accumulate the coins from weak hands at anytime.

[pooya87]

just because you think some people may sell if a price rise comes that doesn't mean there can't be a bull run this year. there is ALWAYS some people who are selling, and when rises happen there is always more people selling but in the end the rise only depends on demand. if the demand (buy support) is strong enough we can see a bull run and if it is not then the sellers will bring it back down.

with that said, your reasoning is wrong otherwise i also think there may not be a bull run this year because the trend reversal takes time and that demand (the buyers) need either some sort of positive signal to come back or they need to see a sustainable rise before they do. which is why i think we will start seeing a rise soon and get  closer to $10k but no bull run yet.

[marcbitcoins]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

In addition, Strict regulations are now strictly implemented in different countries which mean people that involved in illegal activities like drugs, smuggling and money laundering are can no longer to use Bitcoin to hide their illegal money which mean that the current figure now is the real demand of Bitcoin which is majority of the holders are all legal people but still i wish i was wrong and still hope that bullish will come before this year will end.

[maicahlove]

Maybe there is and maybe not. We don't really know for sure if there will be another bull run this Q4 of the year like what happened last year but if you based it in the charts, then we can forecast that from previous years. Let us all hope that it will happen this Q4.

[Ararbermas]

Yes of course but it's so hard to speculate how long it will last because of some causes. Which is always happened nowadays in the market ,reason why the market always volatile time on time. But no need to worry no matter what happen.  Just relax and always  build new strategy to avoid losses. 

[coinwizard_]

Anyone who bought at the top is going to hodl until it goes back up, the only reason they would sell at $9000 is if there was a financial emergency that required them to do so. No one wants a 50% loss

[pakhitheboss]

if you say so, you think that will never be a bull run like the past bull run in the future...

well, i'm pretty sure that there will be an other great bull run, but not before 2020..

Yes I also agree with you until 2020, I do not think there will another Bull run like 2017.

[pakhitheboss]

.... nor I want to speculate.

when you are talking about what price is the possible price for bitcoin then you are speculating!

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

this has little to do with bitcoin. this trend or better said "cycle" of pump and dump happens among altcoins every now and then. usually every summer we have something like this when there is a lot of altcoin pumps which eventually get dumped on their newbie bag holders.

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

that doesn't sound like a logical move from a normal person to me. you are saying a person who has held for 10+ months from $20000 down to $5800 is going to sell if price goes to $9000!
let me ask you this: why did this person hold for this long? why didn't he sell the first time price recovered to $9900 after dropping to near $6k?
why didn't he sell the second time price fell to $6k and recovered to $8-9k? why not the third?
what makes this time any different for this particular type of person?

Most of them were hoping that the price might again touch $20k after a little nit of correction. Ultimately this never happened in last 10 month. Now as soon as the price goes to the level of 9k$, they will sell Bitcoin to cover their losses, which again I doubt will happen this year.

[sufferer123]

In fact, if we look at the market in the long term, not in the last one year, we can see that Bitcoin is still in the bull period. Bitcoin's movement since December is just a correction. Last year's Bitcoin's price is $ 4438. So if you made your investment last year or before, Bitcoin is still in the bull period for you. So when does this correcton end? Unfortunately we cannot know this, but we can improve ourselves in technical analysis and find estimated dates.

[target]

Its a possibility. A lot of traders have bought at a price of $6000, when it goes high maybe $10k, they're not going to wait for it to go up a little more but taking profit is logical. Its the most thing that will happen as they'd think getting more before is too late. There are big players in the market that just joined, they will keep accumulating until they are not done, the price will keep swinging at a certain range.

[richman3451]

I think that it will be but not as big growth as it was last year, so waiting for a big breakthrough makes no sense the miracle ended when the bears put their paws on the market

[aidinx]

It will be difficult to have another bull run like 2017. But most technical analysis says there is not much space to go down anymore. So up is the only way. But I assume this time it will be more like a consistent growth rather than 20-30% increment overnight.

[rajsimran]

Yes, logically you are right. If this year start bull run then people will dump the price by selling them. If bull runs not start this year I think in 2019 bull run will start. though many expert trades saying that bull run can start this year any time but I don't believe this prediction.I am waiting for 2019 bull run

[ay0d1]

There is possibility in crypto even though market analysis predicted that boom should be expected by end of 2019 to 2020.but anything is possible in Cryptocurrency.. There are so many expectations now and I still believe there could be a surge before the year end

[bumTUNA999]

Can't wait for all the experts to chime in here

[inanilujimi]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

it seems you have to read more and learn more about what is bitcoin and what is ICO.
everything you say based on your logic alone is not in my mind.
do not expect bull run to come if there are many people who have a mindset like you.

[kidsrock]

We still predicting without knowing the truth because we don't know if there is the bull run in this year or not. But if we take a look at the price, we are a long time to stay at the bottom price, and even we reached the lowest price again after its happen in 2013. But I am sure that slowly the price will rise and there is no one can stop this because they cannot predict when this will happen and they only shock when they see the price is starting to rally. Bitcoin still has a long journey, and it will increase in someday, and if in this year, the bull does not come, then we have to wait until it happens.

[1NV3ST0NM3]

Crypto market is volatile and fluctuates every hour. So the nature of the market is such that we cannot predetermine anything in advance. Speculations for the coming year, coming 10th year anniversary of the bitcoin are in the favour of a bull rain. Although there are counter arguments prevailing to this effect, but the upsurge in the prices is for sure, be it a $15k mark or $20k! I'm anticipating a bull run in the year 2019 because of many positive things happening around and effecting the crypto market.

[Don Pedro Dinero]

This is a quite speculative but I agree with OP up to a point. I’ve been hearing that we are going to have a bull run for months. I’m subscribed to some Youtube channels and they have all been the same, all saying they were bullish on bitcoin and interviewing or quoting experts with the same view. They were saying that in March, in April, in May...

I think the most likely scenario is that we will stay below 10k until the end of the year.

[CoinCodex]

Novogratz has previously made some very optimistic price predictions for Bitcoin that could reach $40,000 by the end of 2018, but has just recently adjusted his prognosis.

https://coincodex.com/article/2448/mike-novogratz-adjusts-2018-prediction-for-btc-i-dont-think-it-breaks-9000/

[NeuroticFish]

This is what I analysed logically.

Just imagine some big entities decide for whatever reason they go into Bitcoin and start buying.
Just imagine China changes the legislation and the Chinese start buying again crypto like crazy.
I found just 2 things that may or may not happen and don't really have to follow logic.
So the smartest thing to say is "I don't know". And time will tell.

[batang_bitcoin]

I respect your analysis and everyone does but there's only one thing that I also believe right now. I'm optimistic with the market but understands on where it is currently sitting but everything can happen within a snap.

Novogratz has previously made some very optimistic price predictions for Bitcoin that could reach $40,000 by the end of 2018, but has just recently adjusted his prognosis.

https://coincodex.com/article/2448/mike-novogratz-adjusts-2018-prediction-for-btc-i-dont-think-it-breaks-9000/

He saw that the time isn't enough for bitcoin to reach $40,000.

[peter0425]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

I agree. The surge in December 2017 was due to FOMO and newbies who think that they make a lot of money and that the rise will still go on the next couple months or year.

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

Forgot about ICO. We all know that sooner or later they will fall. And I do think that we're seeing a lot of smart investors. Meaning they won't enter altcoins market again just because of ICO.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

Bull run will come, when you least expected. I'm don't get your logic of dumping at $9K specially those who bought it at $20K though because they will still suffer a lost. If I'm the one who bought it at its peaked then I will just hold on it until I see a good ROI.

[meanwords]

I agree with you that investors are getting smarter and that they are somehow getting to know the concept of cryptocurrency market where every ICO is bound to be dump after the first exchange. People are getting smarter nowadays specially a lot of people lost profit in last year's Bull run.

[ophyrim]

Look at the global economy. A big debt crisis is approaching. Many developing countries are already at the edge of this crisis. To avoid devaluation many people will invest their many in the crypto. Even many big institutions. Maybe we are not going to see a bull run in this year but I am pretty sure that in 2019 we are going to see a new ATH.

[Pan Troglodytes]

if you say so, you think that will never be a bull run like the past bull run in the future...

well, i'm pretty sure that there will be an other great bull run, but not before 2020..

Completely agree, and as a prove - just look at the BTC/USD chart, at previous tops, they never happened the same year, some momentum must be built for the price to continue the growth and it needs time, maybe even a few (2-3) years.

[trako]

it is very uncertain. Comes with powerful explanations. but 2018 did not meet expectations. so there are hesitations about a good move.
I still haven't lost hope. I expect a short-time rise in November and December.

[sunanbonang]

Bull run doesn't happen every year, people believe that bull runs occur every two years and some say bull run happens every four years. just because the price of bitcoin rose high at the end of 2017 most people believe that the price of bitcoin will rise at the end of each year. lol

[thecodebear]

Now that the market is larger bull runs take a long time to build up momentum. Sure like 5+ years ago a bull run could start and complete within just a few months, but look at the last one, it lasted over two years. No a bull run won't start and complete in the next 3 months, that is absurd. But we'll likely see the start of the next bull run by the end of this year - a breakout from the $6xxx trading at the bottom of the market to pass the last lowest high of the bear market of $7500 and probably even pass the second to last lowest high of the bear market at $8500, that would clearly signal a new bull run has started. But this upcoming bull run is likely to last into 2020, probably all the way to late 2020.

It appears the bear market is over and we are at the transition stage between bear and bull market - low volatility, price sitting just above the bottom that has been established all year. In the next few months we should see a break above $8000 to snap Bitcoin back into the beginnings of the next long bull run. So no a bull run won't happen in 2018, but the 2019 - 2020 bull run should start by the end of 2018.

[Bagaji]

Definitely there will be a bullish trend in time to come although it might take a longer time but surely we all witness it again. At present, so many people have invested their money when Bitcoin value was above  $10,000 to $15,000 will find it difficult to keep holding and I think they are the one you were referring to in your submission.

[okala]

With the ways things are going we may not have any serious bull run this year as the years is almost over and the uncertainty in the market is still very high.  I don't think we can really see the kind of bullish trend we have last year this year again.

[exstasie]

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

You're pretty spot on. It's a rarity for a market to have a bull run and blow off top, followed by another bull run shortly after. That would be too easy. We have many resistance levels to work through as broke investors exit the market to lick their wounds. Markets don't reward people who buy into blow off tops. People who fomo get punished, and damn right! That's why traders can make money.

Price tends to move in the direction of maximum pain (where the most traders will lose the most money). In the short term, I believe max pain is upwards. The bearish sentiment has caused a lot of unsuccessful bottom shorting. Those shorters need to be punished. But regarding the bigger picture, I agree. No bull runs for the foreseeable future. Lots of distribution to work through.

[bloodyvio]

after last year's bull run
i am sure this year the market will recover after being in bearish condition for more than 8 months
so this year there will be no bull run

[Pattart]

if you say so, you think that will never be a bull run like the past bull run in the future...

well, i'm pretty sure that there will be an other great bull run, but not before 2020..

Completely agree, and as a prove - just look at the BTC/USD chart, at previous tops, they never happened the same year, some momentum must be built for the price to continue the growth and it needs time, maybe even a few (2-3) years.

bull run may occur within a certain period of time and not every year, that's what the chart says, but at the end of the year the price fixes will occur at least a few percent price increase occurs. so don't be discouraged maybe we can make big profits this year..

[Altcoins enthusiast]

The bull run is gathering and even if it did not start this year by next year it will start.  2018 , from January to September has not been favourable and to see that bitcoin will recover may not be in this year again however we should hold as the first quarter of next year.

[hungafub]

Institutional money entering crypto has only just begun. But I wonder if the trend would continue should/when the next recession occurs.

[wxa7115]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

To begin with I do not see why someone could give you negative feedback just by having your own opinions, this is a forum after all and you are free to express your opinions as long as you do it with respect.

And about your prediction you are completely right, most icos that have started since this bear market have failed or are in the process of failing and that is because people are no longer investing in them, I really think that is going to take a lot of time before the price of bitcoin goes up again and that is because people have a very strong tendency to remember the most recent price, and the price is not going to go up until we get to rid of the weak hands that will sell their coins at the first opportunity they have.

[timerland]

You're right. We're still deep in a bear market with bearish sentiment being the single sentiment within the market.

I simply don't think that we're going to see any sort of bullish resurgence within the year, simply because of this bear market and the cautious attitude that traders have developed within the bear market which will take time to reverse.

There may even be further dips down under the $6k level, but on the bright side, I think we're close to bottoming out and prices will generally just move sideways. I expect the bull market to come some time in 2020-2021 due to the halving, definitely not now.

[RBEP-RBC]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

The "easy" gains are gone, definitely. You might still be able to find them in altcoins but you'll have a lot of losers for each 1000x winner.

There will be another bull market but will be driven by usage and engagement by users which requires not just infrastructure for blockchain to build out and mature but to have killer apps that operate on them. Will there be an ETF bump? Yes, but I'm not sure how sustainable that bump will be. I think best to use the old saying, "Buy the rumor, sell the news." So build a position now and see how it does when a real ETF actually gets approved (at least 2019 if not later).

[wuvdoll]

if you say so, you think that will never be a bull run like the past bull run in the future...

well, i'm pretty sure that there will be an other great bull run, but not before 2020..

Completely agree, and as a prove - just look at the BTC/USD chart, at previous tops, they never happened the same year, some momentum must be built for the price to continue the growth and it needs time, maybe even a few (2-3) years.

I would not actually expect any bull run before the end of this year actually, but things like this are always hard to tell. For the general alt market, we are actually beginning to see some bullish behavior but until we really get to see it happen for real before we can even start thinking of any possibility at the moment.

The market has been in a sideways movement and the direction of bitcoin will somehow determine a lot of things, but for now, all we can just do is to wait. We may see it and we may not, but what is important is to always take advantage of every opportunity that comes. Like most other long term believers expect, this year end also must be another fun filled hopefully hence looking for another bull run at any time to get started.

[figmentofmyass]

The "easy" gains are gone, definitely.

hehe, i remember a good friend of mine (a trader) said the exact same thing to me in june 2017. it's funny how quickly sentiment can change! markets always seem experience a "quiet period" before they turn bullish. i think that's where we are now.

You might still be able to find them in altcoins but you'll have a lot of losers for each 1000x winner.

altcoins have definitely become more saturated, that's for sure. you definitely have to spread around risk (don't go all in on one coin) and reinvest capital from pumped coins into coins that haven't pumped. and you have to know that yes, some of your positions will never get pumped. this is a super speculative market---you're trading market expectations and hype, not real fundamentals.

There will be another bull market but will be driven by usage and engagement by users which requires not just infrastructure for blockchain to build out and mature but to have killer apps that operate on them.

people always say that, but every cycle is built on hype more than actual usage.

[hisuka]

Many expects for that bull run thing to happen this year. But, with the movement price in the market it takes to occur to increase it’s value. With so many news like fuds, rather bad news it affects the price I think we can experience long to enter into bullish season.

[exstasie]

There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.

The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:


We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.

[chickenado]

There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.

The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:


We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.

I think the price is quite stable as of but what I have seen is no major set back but maintaining its level and not showing sign of strength, If you compare it from last year until you cannot predict because as we know bitcoins price is very volatile, anything is possible.

[kidsrock]

There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.

The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
https://i.imgur.com/w7zhUFK.png

We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.

I am not sure if the price will break down to $2k and $3k, but my lowest is on $4k-$5k. Maybe in the next year, we will see the price will rise again, and for the next month, I think the price will be stable at a price now, and the lowest of the price can be $6k. But everything is possible this year as we see many people are predicting that we will see the bull run from this month until the end of this year.

[omonuyak]

Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

The bull run can happen at any time and a single strong news can set bitcoin and others coins on bull run.  However,  we have been having good price movement at the end of the years and I am hoping that the same thing is going to repeat itself again.

[Ewinsane]

There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.

The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
[im g]https://i.imgur.com/w7zhUFK.png[/img]

We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.

At this point, I will actually be pointing to the accumulation period.
Although, we may be wrong as only time will tell wherever the market eventually tends to but for now, we just have to be patient and monitor closely.

The sign of strength of the bulls is most definitely not there yet I must say and even though they have been holding up and creating a higher low in the short term for a while now, we can just expect that we are still in a bigger triangle and how we break out from this big triangle is what would determine how things would pan out eventually.

At the moment, nothing is certain yet actually and for now, we will just see some dwindles between $6k and $7k until we are able to break out to one direction.

[badungs]

maybe your analysis has a point, but before December 2017 there was actually no news that shocked bitcoin or cryptpocurrency if I observed the increase in bitcoin due to the huge demand in Korea for bitcoin that caused bitcoin to soar, I think bulls will come if massive demand like what happened in 2017 and it certainly happened in my opinion because most of the world's population has now begun to understand cryptocurrency.

[Kevin77]

Many expects for that bull run thing to happen this year. But, with the movement price in the market it takes to occur to increase it’s value. With so many news like fuds, rather bad news it affects the price I think we can experience long to enter into bullish season.

No one can actually think anything at the moment and for one thing right now, the chances of actually seeing a bull run is something we are still very uncertain about. It has shown already with the way gains are pretty erased quickly and then we somehow still see the bulls trying to fight back. We are in an uncertain world at the moment, and how we get to proceed from here can only be known with time. There may be a bull run and we may end up not seeing one, but in the end, when the bull run comes, those who are taking the chance of the dip now will always be the ones to enjoy it.

we can just expect that we are still in a bigger triangle and how we break out from this big triangle is what would determine how things would pan out eventually.

That triangle formation is already happening and now we can expect upper break out to end this consolidating phase. Usually sustaining prices will not persist for longer and it may break into up trend hence the current situation definitely will not need to be an exception in bitcoin markets history.

At the moment, nothing is certain yet actually and for now, we will just see some dwindles between $6k and $7k until we are able to break out to one direction.

After few weeks of range bound below the $7k levels, now many experts started to believe that just breaking the resistances around $7 will be more than enough to have the first confirmation for another bull rally. This confirmation may happen at any time as prices had fell down up to $6.2 but recovering right now and this recovery may lead to break that resistances.

[sliderider]

We all saw the truth, crypto held up fantastically ALL yesterday during a stock crash until that manipulated sob entity came back and manipulate with a 20 min window. If anything we should trace and find who the entity is. As I have said 100 times, its bullish. That's all they got...literally fraud manipulation to try and find supply even if its just 20 mins to scare you.

[deppil]

Many expects for that bull run thing to happen this year. But, with the movement price in the market it takes to occur to increase it’s value. With so many news like fuds, rather bad news it affects the price I think we can experience long to enter into bullish season.

moreover a very sensitive market lately and lack of confidence in the market because of several factors such as FUD. of course it will be very difficult to make the demand back up. it takes a long enough process to return the trend to buy. and with a note that the price changes returned positively so that confidence can rise in the market. with that bull run will happen

[Ericgreen]

There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.

The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:


We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.

I don’t believe in these charts because it misleads people and the result always differ from such charts. The current market situation tell another theory and that is no demand for bitcoin, the investment cap in not increasing due to low or no demand and price is almost stuck between $6000 and $2000. $20000 and $30000 is far away from the current bitcoin price.

[Rembedful]

There might be a Bull Run at the end of this year. Many researchers has come up with this statement.

Everyone is asking about another bull run in this year, nevertheless everyone knows the current condition of the market. The market is going down every day and some people want another bull run. There is no possibility for bull run in these conditions. This year atleast is very bad for bitcoin price and hope that the next year will be good but still not guaranteed.

[Question123]

They have another bull run in this year 2018. Why it will not happen because a lot of people until now are not stay relax and still panic and they still selling their bitcoin. But if everyone keeps calm for sure we will see again bull run and everyone will earn more money.

[pinoyden]

~ snip ~

I don’t believe in these charts because it misleads people and the result always differ from such charts. The current market situation tell another theory and that is no demand for bitcoin, the investment cap in not increasing due to low or no demand and price is almost stuck between $6000 and $2000. $20000 and $30000 is far away from the current bitcoin price.

so are you saying that there will be no bull run that will happen this year ?  no i dont really think so . quarter four is just starting and we still have a couple of months to see if there will be a huge change in the price and that simply means there is still a high chance that cryptos will pump just before we end the year 2018 .

charts dont lie mate , so if were you i will now buy more coins so that i can earn a lot of profit on december  .  bull run will be the best gift for those who only believe in crypto .

[KenChanYu]

~ snip ~

I don’t believe in these charts because it misleads people and the result always differ from such charts. The current market situation tell another theory and that is no demand for bitcoin, the investment cap in not increasing due to low or no demand and price is almost stuck between $6000 and $2000. $20000 and $30000 is far away from the current bitcoin price.

so are you saying that there will be no bull run that will happen this year ?  no i dont really think so . quarter four is just starting and we still have a couple of months to see if there will be a huge change in the price and that simply means there is still a high chance that cryptos will pump just before we end the year 2018 .

charts dont lie mate , so if were you i will now buy more coins so that i can earn a lot of profit on december  .  bull run will be the best gift for those who only believe in crypto .

   Absolutely mate, we only gain the rewards we aim as we are selecting patience as our accomplice in this battle. We are wasting too much time against this bearishness and believing for a prosperous bullish run by the end of this year. The quality of being faithful in the market will help to make a distant time for a big bull run. This is what I thought most. My fidelity behavior will lead to my great thrives, so that's how I motivate people in this crypto world.

[pixie85]

There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.

The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
https://i.imgur.com/w7zhUFK.png
We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.

I can't agree with you here. If we go below our current bottom at 5800 the next support is right below 5000 and this is the area where most people will place their orders. The most bearish traders like Tone Vays were eying 4800 since we broke 10000 or even earlier than that. Nobody is looking at 2000 because it's below the long term trendline that we were following since 2015 and this trendline is at 4000 and will get close to 4800 in December.

[figmentofmyass]

I can't agree with you here. If we go below our current bottom at 5800 the next support is right below 5000 and this is the area where most people will place their orders. The most bearish traders like Tone Vays were eying 4800 since we broke 10000 or even earlier than that.

what's the significance of the $5000 area? there's no established support/resistance there. there is literally only one daily pivot there from 2017 and it's never been tested!

nobody should be surprised if that level gets cut through like warm butter.

Nobody is looking at 2000 because it's below the long term trendline that we were following since 2015 and this trendline is at 4000 and will get close to 4800 in December.

the trend from 2015?! that bull market is long over, dude. trend lines were meant to be broken.

[Lpim01]

Still we can't predict exactly of what will happen cause we 3 months coming and still have possible on it. And as what we have notice from its historical trend, mostly bull runs happen at the last quarter. We stay positive and give faith on crypto.

[darkangel11]

I can't agree with you here. If we go below our current bottom at 5800 the next support is right below 5000 and this is the area where most people will place their orders. The most bearish traders like Tone Vays were eying 4800 since we broke 10000 or even earlier than that.

what's the significance of the $5000 area? there's no established support/resistance there. there is literally only one daily pivot there from 2017 and it's never been tested!

nobody should be surprised if that level gets cut through like warm butter.

It's not a resistance because of some lines or supports. It's a fib 23.6 level. Why would we follow fib lines here? It's difficult to answer. Maybe because it's one of the most commonly used indicators? Maybe because people like round numbers and falling from 6k would create a support 1k USD below?

I used to be a hardcore supporter of 5k and 3k USD levels with 3k being the total bottom because those were the levels at which Japanese and Korean markets faced huge adoption and this adoption was the foundation of the bubble that came after. I believe that with those markets remaining open and welcoming to crypto we won't fall below.
You can quote me on that: Bitcoin will not go below 3k USD without a fundamental flaw like USDt blowing up on us. Bear market won't do it on its own.

[Rune]

this jump in price I feel is a artificial pump due to everyone wanting to get out of tether
after tether news is more real and concrete I think btc will dump like crazy back to 2000 I am worried

[Ganbound]

There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.

The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:


We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.

I think the price is quite stable as of but what I have seen is no major set back but maintaining its level and not showing sign of strength, If you compare it from last year until you cannot predict because as we know bitcoins price is very volatile, anything is possible.

The best think in my opinion is to analyze the current market and observe the current market trend and people’s trust to decide the future price. Investors are not interested in bitcoin anymore because they have lost lots of money in the start of this year and from that time the price is not increasing. Now how is it possible that the price will jump to $20000 till December?

[ErmaburR]

There might not be another bull run this year but the price of bitcoin is rising slowly. And it is good thing to rise gradually rather than bubble and eventually burst.

If you look the bull run in the previous year, the reason was that the investment capital increased within days and the demand was very high for bitcoin, but in this year there are no buyers and this is the worst situation for bitcoin. No investment, no price growth and no more holding of bitcoin because nobody wants to hold his coins without making any profit.

[wuvdoll]

Still we can't predict exactly of what will happen cause we 3 months coming and still have possible on it. And as what we have notice from its historical trend, mostly bull runs happen at the last quarter. We stay positive and give faith on crypto.

Well, staying positive and knowing there is a great future is what has kept some of us going on right from the year we started way back and that patience and positive attitude towards the market is what has made us reap that benefit today.

Looking at the way things are for now, we can always see that the market is growing every day and every year and the potential is pretty much there. Whether there would be a bull run this year or next year or thereafter is certainly what no one can tell actually. The only thing we can just do is to monitor the situation of things and act accordingly.

[jonatuzc]

I can't agree with you here. If we go below our current bottom at 5800 the next support is right below 5000 and this is the area where most people will place their orders. The most bearish traders like Tone Vays were eying 4800 since we broke 10000 or even earlier than that.

what's the significance of the $5000 area? there's no established support/resistance there. there is literally only one daily pivot there from 2017 and it's never been tested!

nobody should be surprised if that level gets cut through like warm butter.

It's not a resistance because of some lines or supports. It's a fib 23.6 level. Why would we follow fib lines here? It's difficult to answer. Maybe because it's one of the most commonly used indicators? Maybe because people like round numbers and falling from 6k would create a support 1k USD below?

I used to be a hardcore supporter of 5k and 3k USD levels with 3k being the total bottom because those were the levels at which Japanese and Korean markets faced huge adoption and this adoption was the foundation of the bubble that came after. I believe that with those markets remaining open and welcoming to crypto we won't fall below.
You can quote me on that: Bitcoin will not go below 3k USD without a fundamental flaw like USDt blowing up on us. Bear market won't do it on its own.

I really do not see the possibility of USDT blowing up anytime soon even if it eventually does anyway. The market is actually maturing every single day and for what it is worth, even from this break out it looks a little bit promising at least at the moment.

I still am of the opinion that we may not be done with the downtrend yet though and we may just have some short term movement upward, but I guess it is something that only time can tell us. At this point, not at least in the short term will I expect the possibility of $5k. The market looks like it wants to have some short freedom from the bears and let's see how that goes.

[roorgelak]

this jump in price I feel is a artificial pump due to everyone wanting to get out of tether
after tether news is more real and concrete I think btc will dump like crazy back to 2000 I am worried

In this year it is not possible because of the red signals in the market. Demand for bitcoin is so low that investment cap in not increasing anyway. Price depends upon demand. If demand is high price will also be high, if demand is low price is also low. I hope but nor predicting that the next year will be better than this one. 2018 is the worst year for bitcoin price.

[Google+]

don't be too easy to conclude that bull run is not that easy because the conditions of bitcoin and some other cryptocurrency prices have movements that will always go up and down, you have to remember a few years ago the price of bitcoin could reach a very expensive price and this year the price of bitcoin fall so there will be a time when the price of bitcoin will again become very expensive again, stay calm and take advantage of the best bitcoin price movements with the right analysis.

[Kolder]

don't be too easy to conclude that bull run is not that easy because the conditions of bitcoin and some other cryptocurrency prices have movements that will always go up and down, you have to remember a few years ago the price of bitcoin could reach a very expensive price and this year the price of bitcoin fall so there will be a time when the price of bitcoin will again become very expensive again, stay calm and take advantage of the best bitcoin price movements with the right analysis.

They are volatile and hard to predict with, but let's all be realistic, there are no occurrences or news that will make the hype for it's to totally make a bull run. A little by little increase can be helpful than nothing

[arinalwa]

There's two major theories here. One is the bearish descending triangle. If it breaks down, most traders are aiming at the $2,000s or $3,000s.

The second is a rising bottom. Here's one example of a Wyckoff accumulation schematic:
https://i.imgur.com/w7zhUFK.png

We need to see a sign of strength (SOS) to confirm. And if we do go that way, I don't think it'll be a bull run like last year. No ATH expected. I think it'll be a mid-term rally that tops near the $10K or $12K resistances, or maybe a bit higher.

I think the price is quite stable as of but what I have seen is no major set back but maintaining its level and not showing sign of strength, If you compare it from last year until you cannot predict because as we know bitcoins price is very volatile, anything is possible.

The best think in my opinion is to analyze the current market and observe the current market trend and people’s trust to decide the future price. Investors are not interested in bitcoin anymore because they have lost lots of money in the start of this year and from that time the price is not increasing. Now how is it possible that the price will jump to $20000 till December?

I don’t think that the price would ever down to $2000 or $3000, because this price will greatly affect mining process. There is no big profit in mining these days because of the low price and if the price downs more miners will stop mining because of lose instead of profit and nobody is here is for losing his money. Everyone wants profit for his hard work.

[BountyGo]

I smell a bull market soon. Why would Coinbase add ZRX now if they weren’t sure of market conditions. This combined with the Fidelity news yesterday and the upcoming Bakkt launch next month. Stay tuned!

[zazarb]

If we are talking about big one bull run in this year, I think it's almost safe to say that it is won't happen, because time is decreasing and where is not any bright signs that something will change, However, I fully believe that a slight rise in prices may still happen in this year.

[Tamilson]

don't be too easy to conclude that bull run is not that easy because the conditions of bitcoin and some other cryptocurrency prices have movements that will always go up and down, you have to remember a few years ago the price of bitcoin could reach a very expensive price and this year the price of bitcoin fall so there will be a time when the price of bitcoin will again become very expensive again, stay calm and take advantage of the best bitcoin price movements with the right analysis.

They are volatile and hard to predict with, but let's all be realistic, there are no occurrences or news that will make the hype for it's to totally make a bull run. A little by little increase can be helpful than nothing

And it's actually healthy rather than a bubble, does it? Market with pure hype will be just nothing as there's no strong base for it. This market is taking us in slow yet surely phase and this will be good even in long term since we won't bother a huge dump.
We're just exaggerating things and bare in mind that not everyday is lucky enough to take profit.

[WinslowIII]

For me, the question isn't whether there will be another bull run this year, but whether there will be another bull run period.

[coinplus]

If we are talking about big one bull run in this year, I think it's almost safe to say that it is won't happen, because time is decreasing and where is not any bright signs that something will change, However, I fully believe that a slight rise in prices may still happen in this year.

It is not even something anyone can even be concluding at this stage in time looking at how things have been lately and knowing that even though the signs show that we are in an ascending triangle that looks like there could be a possibility for a break out upward and start a new trend, it is still something we will have to wait for time to actually get to decide as far as I am concerned. There is actually no point thinking things now and making unnecessary assumptions as what will be would be and there is nothing we can do about it than to just be patient and see the side the market turns to before the end of the year.

Market with pure hype will be just nothing as there's no strong base for it. This market is taking us in slow yet surely phase and this will be good even in long term since we won't bother a huge dump.

They will always be volatile and hard to predict and there is no doubt about that, but the thing here is that as far as a market is concerned and it is moving sideways, nothing can be said until there is a clear signal. I would not actually expect any serious bull run like some people are trying to imagine, but I would rather prefer to stick with the idea of just sticking with the trends, and seeing if there could be a possibility of seeing us go back to test the previous ATH or not. Time is the only thing we have to tell us what things would be like as well as patience.

[gabmen]

If we are talking about big one bull run in this year, I think it's almost safe to say that it is won't happen, because time is decreasing and where is not any bright signs that something will change, However, I fully believe that a slight rise in prices may still happen in this year.

Well there's no harm in hoping for a good end run lol. And i think it's not as impossible as it seems since a bull run can happen in under a week, and we still have two and a half months left for 2018. Who knows, a bull run may happen that would make holding through all this worth it.

[Baronggot]

Let's put it in a 50-50 perspective because December is yet to come. Now if we look at the previous years of bitcoin's existence, most of the time, the market is on a bull run during the final quarter of each year. So if you think there is no bull run for this year, it might be true or a bull run is also about to happen.

[jamids]

Let's put it in a 50-50 perspective because December is yet to come. Now if we look at the previous years of bitcoin's existence, most of the time, the market is on a bull run during the final quarter of each year. So if you think there is no bull run for this year, it might be true or a bull run is also about to happen.

Yes, we cannot just easily conclude that it will happen or will not happen because anything is possible. What we can do is just analyse what we have in our table at the moment and then make decisions base on it. If you want to be a long term investor then better buy a coin that has good fundamentals and if you can cost average then do so. If you want to be a trader then it would be more advantageous for you because you can make money in whatever kind of market.

[coinfinger]

I can't agree with you here. If we go below our current bottom at 5800 the next support is right below 5000 and this is the area where most people will place their orders. The most bearish traders like Tone Vays were eying 4800 since we broke 10000 or even earlier than that.

what's the significance of the $5000 area? there's no established support/resistance there. there is literally only one daily pivot there from 2017 and it's never been tested!

nobody should be surprised if that level gets cut through like warm butter.

It's not a resistance because of some lines or supports. It's a fib 23.6 level. Why would we follow fib lines here? It's difficult to answer. Maybe because it's one of the most commonly used indicators? Maybe because people like round numbers and falling from 6k would create a support 1k USD below?

I used to be a hardcore supporter of 5k and 3k USD levels with 3k being the total bottom because those were the levels at which Japanese and Korean markets faced huge adoption and this adoption was the foundation of the bubble that came after. I believe that with those markets remaining open and welcoming to crypto we won't fall below.
You can quote me on that: Bitcoin will not go below 3k USD without a fundamental flaw like USDt blowing up on us. Bear market won't do it on its own.

I really do not see the possibility of USDT blowing up anytime soon even if it eventually does anyway. The market is actually maturing every single day and for what it is worth, even from this break out it looks a little bit promising at least at the moment.

I still am of the opinion that we may not be done with the downtrend yet though and we may just have some short term movement upward, but I guess it is something that only time can tell us. At this point, not at least in the short term will I expect the possibility of $5k. The market looks like it wants to have some short freedom from the bears and let's see how that goes.

To be honest, I do not know as we know that in this unstable market we cannot predict future market and this has been proved many times in the past when we compare the actual values with predictions then it tells us that almost all of the predictions were incorrect. However, Bull Run is very important for investors who are waiting from a long time that is from either 8 or 9 months while fresh investors should wait as well.

[Ericgreen]

For me, the question isn't whether there will be another bull run this year, but whether there will be another bull run period.

I think you are right. I am also not looking any bull run in this year, but there may be a bull run in the next year. Anything is possible in crypto world. An investor should be aware of this. He may lose his investment due to huge dip in the price or he may make big money due to big bump in the price, but till date there are no signs of bull run in the market.

[airdrophunter]

It's not yet too late to believe that there will be a bull run before this year ends. If we are going to look back at the previous years, the market is clearly in a bullish trend where everything is almost at its high valued form.

[777Jolami]

I believe that if there is no strong enough catalyst to put the market on the ready position. There will be no Bull Run. Less or more, the positive news with CBOE last year also created momentum and as a big step forward. Hopefully put on the ETF but it is still difficult to review. So, Allow the hope to reopen. It may launch Bull Run soon if the SEC announces it at the end of the year.

[pieppiep]

I know you might feel pessimistic because you see a lot of ICOs being created and lots of bad news trying to make traders panic so that you become like this, but there is nothing wrong we hope for the price of bitcoin to be expensive again.

[mornabo]

don't be too easy to conclude that bull run is not that easy because the conditions of bitcoin and some other cryptocurrency prices have movements that will always go up and down, you have to remember a few years ago the price of bitcoin could reach a very expensive price and this year the price of bitcoin fall so there will be a time when the price of bitcoin will again become very expensive again, stay calm and take advantage of the best bitcoin price movements with the right analysis.

keep calm and do not be too conclude that this year there will be no change in any recovery, last year the price could go up suddenly, so you don't have to speculate negatively about this year, just be careful and stay ready,
you're right expensive prices will be repeated again, there is a price down, there must be a price rise

[East2011]

I am still very optimistic that there will be another bull this year. But it will not be as high as last year. And its ok for us if the market will recover slowly but surely.

[beerlover]

Yes, we cannot just easily conclude that it will happen or will not happen because anything is possible. What we can do is just analyse what we have in our table at the moment and then make decisions base on it. If you want to be a long term investor then better buy a coin that has good fundamentals and if you can cost average then do so. If you want to be a trader then it would be more advantageous for you because you can make money in whatever kind of market.

Yes, we are in the speculation thread and most definitely it is normal for people to speculate in a market. For sure, this is nothing anyone can tell yet how the year would be ending except time. It looks though that the market is possibly gearing up for an upward trend, but bull run is something I would not expect at all this year. Possibly what I would rather be looking for is a slow movement upward with some pretty huge resistances to face along the way, and in that case, i would rather just be patient to see how the trend will make that decision in coming days, weeks or months.

Let's put it in a 50-50 perspective because December is yet to come. Now if we look at the previous years of bitcoin's existence, most of the time, the market is on a bull run during the final quarter of each year. So if you think there is no bull run for this year, it might be true or a bull run is also about to happen.

I totally reason with you on that, judging from the fact that no one can see the future and this is a probability game at this moment. It could happen, it may not happen; but in the long run; only time will most definitely tell. I would not be too expectant of a bull run this year though, but we both know the way this space can be full of surprises at times, but one thing for sure is that there is a possibility we may get to see an uptrend in the space before the end of the year. However, things turn out; I am sure though that it would still always pay us for being patient in the long run.

[Zadicar]

I smell a bull market soon. Why would Coinbase add ZRX now if they weren’t sure of market conditions. This combined with the Fidelity news yesterday and the upcoming Bakkt launch next month. Stay tuned!

I do hope you were right on that but i can't stop thinking about of the bull run whether it will going to happen or not but with that news my expectation was at high again. We will see to that Bakkt next month if it will bring a positive effect on the market and to the people, i will wait for the impact of that news next month.

As for now we are at speculative phase whether it will happen or not. Let's just wait if the bull will run or not.

[Turst1974]

If we are talking about big one bull run in this year, I think it's almost safe to say that it is won't happen, because time is decreasing and where is not any bright signs that something will change, However, I fully believe that a slight rise in prices may still happen in this year.

It is not even something anyone can even be concluding at this stage in time looking at how things have been lately and knowing that even though the signs show that we are in an ascending triangle that looks like there could be a possibility for a break out upward and start a new trend, it is still something we will have to wait for time to actually get to decide as far as I am concerned. There is actually no point thinking things now and making unnecessary assumptions as what will be would be and there is nothing we can do about it than to just be patient and see the side the market turns to before the end of the year.

Market with pure hype will be just nothing as there's no strong base for it. This market is taking us in slow yet surely phase and this will be good even in long term since we won't bother a huge dump.

They will always be volatile and hard to predict and there is no doubt about that, but the thing here is that as far as a market is concerned and it is moving sideways, nothing can be said until there is a clear signal. I would not actually expect any serious bull run like some people are trying to imagine, but I would rather prefer to stick with the idea of just sticking with the trends, and seeing if there could be a possibility of seeing us go back to test the previous ATH or not. Time is the only thing we have to tell us what things would be like as well as patience.

Of course it will not happen because the year is almost gone and there is nothing about bulling in the crypto market. If somebody is thinking about the bull like the previous year that was due to huge investment capital but this year many people are not so interested in crypto investment, because they have lost thousands of dollars in bitcoin and now they are afraid of another big dip in the future.

[nightfury]

Others believe that a certain bull run is going to happen this year while others, including me is skeptical that a certain bull run is about to happen this year. We're already at the final week of the October and nothing good to see about bitcoin and the rest of cryptos.

[altercreed]

I am also one of those people in cryptos who are thinking that a bull run is not going to happen this year based on what i see to the current status of the market. What we have experienced is a very long bearish trend that may even continue until the first quarter next year.

[DedgeDoge]

Others believe that a certain bull run is going to happen this year while others, including me is skeptical that a certain bull run is about to happen this year. We're already at the final week of the October and nothing good to see about bitcoin and the rest of cryptos.

As most of the people in current time are expecting and hopeful about the bitcoin price that at the end of 2018  bitcoin price will boost up, therefore I am sure about the bitcoin price that it will show a good response in the end of 2018. We just need to wait for that time.

[Gastotade]

I am also one of those people in cryptos who are thinking that a bull run is not going to happen this year based on what i see to the current status of the market. What we have experienced is a very long bearish trend that may even continue until the first quarter next year.

It may took more if there are no good news to happen. Even hype news doesn't work now since many were still in hold due to their loses since the dump price of bitcoin.

[pakhitheboss]

I am also one of those people in cryptos who are thinking that a bull run is not going to happen this year based on what i see to the current status of the market. What we have experienced is a very long bearish trend that may even continue until the first quarter next year.

It may took more if there are no good news to happen. Even hype news doesn't work now since many were still in hold due to their loses since the dump price of bitcoin.

Any Bad news after what happened on 15th will now create a situation like 2011. Goof News will not help the market aswell as this the most manipulated market.

Donot expect a Bull run to come soon untill instituatopmal investors come in. Which I feel will not happen soon.

[Prettymie]

Others believe that a certain bull run is going to happen this year while others, including me is skeptical that a certain bull run is about to happen this year. We're already at the final week of the October and nothing good to see about bitcoin and the rest of cryptos.

As most of the people in current time are expecting and hopeful about the bitcoin price that at the end of 2018  bitcoin price will boost up, therefore I am sure about the bitcoin price that it will show a good response in the end of 2018. We just need to wait for that time.

I'm hoping for a little bounce back before the year ends to make a good image of cryptocurrency for start of next year. Although as we all know the market is not doing well as the price of bitcoin fall below $4k which is currently at $3.7k and this could go dip if no enough demands in the market. I'm still waiting for the best to come as I'm optimistic that after the fall there will be a corresponding rise that will give us good profits.

[Siren]

I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.


The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it

October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.

So, Where will the bull run come from?

As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$,  they will dump knowing there will be again a correction.

This is what I analysed logically. I may be wrong. I hope I am wrong.

You are perfectly right and what you’ve said is truthful fact

Those who had invested in same time last year,are now in doubt because of the continuing market denials,so what would we expect on this?

What i believe is bear will remain longer here,and wont even get atleast half of what we have last 2017 so for the expectations stop looking for bigger return now.maybe next year or the next

[Semaj123]

Others believe that a certain bull run is going to happen this year while others, including me is skeptical that a certain bull run is about to happen this year. We're already at the final week of the October and nothing good to see about bitcoin and the rest of cryptos.

As most of the people in current time are expecting and hopeful about the bitcoin price that at the end of 2018  bitcoin price will boost up, therefore I am sure about the bitcoin price that it will show a good response in the end of 2018. We just need to wait for that time.

I'm hoping for a little bounce back before the year ends to make a good image of cryptocurrency for start of next year. Although as we all know the market is not doing well as the price of bitcoin fall below $4k which is currently at $3.7k and this could go dip if no enough demands in the market. I'm still waiting for the best to come as I'm optimistic that after the fall there will be a corresponding rise that will give us good profits.

We are all probably waiting for the good to come which everyone is dreaming about. There's been a lot of issue's that could possibly be happening under the table which we as a normal crypto users are blind by these actions.

[Barbarian]

We are getting to the point in which it is ridiculous to even think about a bull run anymore during this year, many seem to try to keep begin positive but we need to accept the facts, this year was bad for cryptocurrencies and for investors and there is nothing else to do but to accept it and move on and try to see if the next year is going to be any better.