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Author Topic: Do you think their will be another Bull Run this year? I D0 NOT THINK SO!  (Read 977 times)
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October 17, 2018, 01:45:01 PM
 #81

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.

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October 17, 2018, 05:43:10 PM
 #82

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

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October 18, 2018, 08:34:18 AM
 #83

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.
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October 18, 2018, 09:16:04 AM
 #84

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!
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October 18, 2018, 10:12:39 AM
 #85

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.

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October 18, 2018, 12:05:10 PM
 #86

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.

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October 18, 2018, 03:29:19 PM
 #87

For me, the question isn't whether there will be another bull run this year, but whether there will be another bull run period.
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October 19, 2018, 01:20:05 PM
 #88

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.
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October 19, 2018, 05:28:26 PM
 #89

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.

 
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October 20, 2018, 11:01:32 PM
 #90

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.

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October 21, 2018, 01:47:07 AM
 #91

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.

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October 22, 2018, 06:52:34 AM
 #92

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.
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October 22, 2018, 11:55:12 AM
 #93

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.
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October 23, 2018, 06:15:17 AM
 #94

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.

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October 23, 2018, 06:56:51 AM
 #95

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.
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October 23, 2018, 08:55:39 AM
 #96

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.
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October 23, 2018, 09:27:42 AM
 #97

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
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October 23, 2018, 12:54:40 PM
 #98

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.

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October 23, 2018, 01:16:39 PM
 #99

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.

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Zadicar
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October 23, 2018, 03:03:04 PM
 #100

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. Cheesy

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