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Author Topic: 2019 the Bullrun year? ( many aspects )  (Read 544 times)
tulpe12 (OP)
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January 15, 2019, 11:00:49 PM
 #1

Hello


do u think 2019 will be a bullrun start?

i personally think it has potencial due to  BAKKT,Nasdaq and Vaneck Solidx Futures.

Also the Bitcoinhalving is coming 2020, to avoid maybe high bitcoin prices ,the buy orders might start in the second half of 2019.

at the other handside, we are still in a hard redline bearphase, and its hard to say if those aspects will be a positive run as the volume right now is mostly dead. some pump and dumps of whales to play around

i want to her your opinion.


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figmentofmyass
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January 16, 2019, 01:03:52 AM
 #2

do u think 2019 will be a bullrun start?

nope, far from it. sideways at best, continued bear market at worst.

i personally think it has potencial due to  BAKKT,Nasdaq and Vaneck Solidx Futures.

the EFT will get rejected. i'd bet good money on that.

i haven't been able to find any specs on nasdaq's product. is it just cash-settled? if so, it doesn't really matter any more than CME's bitcoin market.

bakkt and other physically delivered markets is good for infrastructure (for future investment). but bakkt launching won't automatically create a bunch of new demand and a new bull market. why would that happen?

Also the Bitcoinhalving is coming 2020, to avoid maybe high bitcoin prices ,the buy orders might start in the second half of 2019.

it's impossible to pinpoint the halving's effect on price. all we know is, less supply on the market = higher prices. some traders will start pricing that in before the halving, but it's unpredictable.

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January 16, 2019, 01:48:47 AM
 #3

Hello


do u think 2019 will be a bullrun start?

i personally think it has potencial due to  BAKKT,Nasdaq and Vaneck Solidx Futures.

Also the Bitcoinhalving is coming 2020, to avoid maybe high bitcoin prices ,the buy orders might start in the second half of 2019.

at the other handside, we are still in a hard redline bearphase, and its hard to say if those aspects will be a positive run as the volume right now is mostly dead. some pump and dumps of whales to play around

i want to her your opinion.


BTC I TRUST, HODL I MUST ( Master Yoda )

I think worse case scenario is price trade sideways with a slight upward bias and we end the year at $7k. Best case, bakkt opens and due to all the buy orders they run out of coins and must buy on the open market.  Grin
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January 16, 2019, 01:56:43 AM
 #4

Nah. I think it's going to be a year of not much. I don't think we're done shedding price yet. Once that's dealt with it'll be sluggish well into the following year.

The bear market isn't done. You don't immediately finish one of those and immediately set off gaily in the opposite direction. It's like a party. There's a lot of moping and sleeping to do before the next one happens.
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January 16, 2019, 02:30:33 AM
 #5

Nah. I think it's going to be a year of not much. I don't think we're done shedding price yet. Once that's dealt with it'll be sluggish well into the following year.

The bear market isn't done. You don't immediately finish one of those and immediately set off gaily in the opposite direction. It's like a party. There's a lot of moping and sleeping to do before the next one happens.

We hope what you say is true. This could be a slow bleed to oblivion as well.
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January 16, 2019, 02:42:44 AM
 #6

Nah. I think it's going to be a year of not much. I don't think we're done shedding price yet. Once that's dealt with it'll be sluggish well into the following year.

The bear market isn't done. You don't immediately finish one of those and immediately set off gaily in the opposite direction. It's like a party. There's a lot of moping and sleeping to do before the next one happens.

We hope what you say is true. This could be a slow bleed to oblivion as well.

Very possible. The frustrating thing is, by conventional standards it'll still be an "uptrend" until we break the 2015 lows ($150). Until that time, it's all higher highs and higher lows.

I'm still inclined to bet on the trend. It's performed well over the years. The best way to approach Bitcoin IMO is to always take some cash off the table with each bubble. It'd be a shame to leave everything on the table if Bitcoin doesn't ever really catch on.

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January 16, 2019, 02:52:08 AM
Last edit: January 16, 2019, 03:09:02 AM by gentlemand
 #7

Very possible. The frustrating thing is, by conventional standards it'll still be an "uptrend" until we break the 2015 lows ($150). Until that time, it's all higher highs and higher lows.

I'm still inclined to bet on the trend. It's performed well over the years. The best way to approach Bitcoin IMO is to always take some cash off the table with each bubble. It'd be a shame to leave everything on the table if Bitcoin doesn't ever really catch on.

I think we've got one more big 'un left before requiring the need to start delivering an amount of actual usage, and by usage I don't mean buying coffee, just going beyond pure speculation to beginning the journey to becoming a proper hedge or asset.

As it stands the one and only option available through mainstream investment portals is GBTC which isn't even Bitcoin. The next one is when mainstream starts to open up.

Boredom until the halving and then peaking in late 2021 still feels a bit too straightforward to me though.
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January 16, 2019, 03:09:20 AM
 #8

Very possible. The frustrating thing is, by conventional standards it'll still be an "uptrend" until we break the 2015 lows ($150). Until that time, it's all higher highs and higher lows.

I'm still inclined to bet on the trend. It's performed well over the years. The best way to approach Bitcoin IMO is to always take some cash off the table with each bubble. It'd be a shame to leave everything on the table if Bitcoin doesn't ever really catch on.

I think we've got one more big 'un left before requiring the need to start delivering an amount of actual usage, and by usage I don't mean buying coffee just going beyond pure speculation to beginning the journey to becoming a proper hedge or asset.

The timing of it all sounds about right. I think at the consumer level it took 15-20 years for cell phones to penetrate most of the market. I've always thought Bitcoin would follow an adoption curve like that.

That said, we've got to keep in mind how Bitcoin adds a whole new financial incentive to the idea of technology adoption (limited supply vs. increasing demand/adoption). People will always try to front-run the market and get in early. By the time it's truly delivering on all its promises, all the gains based on speculation should already be realized, more or less.

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January 16, 2019, 04:20:58 AM
 #9

Very possible. The frustrating thing is, by conventional standards it'll still be an "uptrend" until we break the 2015 lows ($150). Until that time, it's all higher highs and higher lows.

I'm still inclined to bet on the trend. It's performed well over the years. The best way to approach Bitcoin IMO is to always take some cash off the table with each bubble. It'd be a shame to leave everything on the table if Bitcoin doesn't ever really catch on.

I think we've got one more big 'un left before requiring the need to start delivering an amount of actual usage, and by usage I don't mean buying coffee just going beyond pure speculation to beginning the journey to becoming a proper hedge or asset.

The timing of it all sounds about right. I think at the consumer level it took 15-20 years for cell phones to penetrate most of the market. I've always thought Bitcoin would follow an adoption curve like that.

That said, we've got to keep in mind how Bitcoin adds a whole new financial incentive to the idea of technology adoption (limited supply vs. increasing demand/adoption). People will always try to front-run the market and get in early. By the time it's truly delivering on all its promises, all the gains based on speculation should already be realized, more or less.

More than a few People are talking about it like it's already in the bag in a way they definitely weren't in 2015. I guess we have another halving to draw on since then but that's still a bit nuts.
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January 16, 2019, 05:04:05 AM
 #10

I think we will see an approval this year, applicants are doing their best to follow the requirement of the SEC in order to get approve and of course there's always an improvement so I'm very positive for this year. If the coming decision by the sec is going to be disapproved, there's still chance of course, we should not loss our hope, it will come.

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January 16, 2019, 06:49:13 AM
 #11

considering the fact that the bear market lasted a very long time, much longer than it should have lasted, and also the fact that the price has fallen a lot (~85%) which shouldn't have fallen that much i'd say it is time for a bull run this year. but the thing is, most people are only waiting for something to happen before making a move and that makes the sideways action the trend of this year unless that changes.
i think for the time being there is a fear in the market, fear of manipulation, and until that goes away i don't see a rise happening although it is time for the rises to  start.

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January 16, 2019, 03:04:06 PM
 #12

Last year was very bad for bitcoin and the whole crypto market. And without a slight increase, we can say that the whole market was in bear market.
Many expect the price to fall further below $ 3k. Bull run i would welcome (for the market it would be positive), but i do not think it will come so soon.

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January 16, 2019, 03:13:08 PM
 #13

It's highly likely that the bull run will come this year, but if it does, it's probably going to happen in Q3 or Q4.

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January 16, 2019, 03:31:23 PM
 #14

There are many people who believe because of the SEC decision and Bakkt and many things like that 2019 will start on the good side of bull instead of dropping which is nice but we are missing one crucial element here.

Bitcoin is market oriented which means it requires people to buy more bitcoins than they are selling, so even if there are great news coming soon if the market doesn't react the way we hope it will react than the price will not move. When price doesn't move on good things than it follows a bad return and drops because people are getting more frustrated about the non reaction than drop.

Hence, we are really on the thin line here. Either we are going to see a good rise thanks to the good news or we are going to see bad fall afterwards. I don't see a middle line here, I doubt it will continue this way, it will go either side somehow.
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January 16, 2019, 04:51:33 PM
 #15

It's highly likely that the bull run will come this year, but if it does, it's probably going to happen in Q3 or Q4.


This exactly.

I expect sideways action in the 3000s/4000s the first half of the year as more and more people realize no bitcoin isn't just gonna magically disappear or drop to $1000 or whatever, with a new bull market starting some point the second half of the year, finishing the year probably at $8k give or take a thousand or so. I don't think the price will hit $10k this year but I'd say 95% confidence the next bull market will have started and moved well off this bottom by end of year.
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January 16, 2019, 07:22:17 PM
 #16

I don't think the price will hit $10k this year but I'd say 95% confidence the next bull market will have started and moved well off this bottom by end of year.
Could very well be with how the 200WMA offers support in pretty much every market, and that's exactly where the price bottomed last year. It might still be tested, but another bounce up will again confirm support there.

I'm already satisfied if we go up in a steady manner, because there isn't much to pump for. It will take some time to eat through the selling pressure in the next couple of months.

At every higher price level you'll have people selling coins to secure marginal profits and repeat that over and over again. It will be a new journey to break the $10,000 mark again, all based on non hype demand.

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January 16, 2019, 07:59:25 PM
 #17

Well, I'm not so optimistic at the moment. I know it's only the begininig of the year but still I don't expect much and I don't think the bull run will start soon. I'm much more convinced that current situation on the market will continue for a while and the price will stay in the range around 3000$ to 4000$ for the next period. Even another dump wouldn't surprise me. Maybe in the second half of the year we might expect some improvements.

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January 16, 2019, 09:28:08 PM
 #18

do u think 2019 will be a bullrun start?

Much better if you guys will now start changing your thinking about expecting a bull run this year.

If happened then good, if not then fine. Why people are putting so much expectations coming from a long period of bearish trend. "SOON" your expected bull run will happen but don't set a target.

Those events that is said to be some of the factors that can trigger a bull run will remained as speculative statement until it happened. We can't say yet that those events can surely start the hype. People can put those as one of their references for future strategy but not to the point that the analyzation will go far beyond that the bull run will happen once those events now come.

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January 16, 2019, 10:50:24 PM
 #19

to be honest, at the moment I am quite hesitant about bull in 2019, I say this because I see the market power is getting weaker. in my opinion our only hope for seeing a bull is an approved ETF.

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January 16, 2019, 11:06:45 PM
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 #20

do u think 2019 will be a bullrun start?

Maybe yeah, maybe no, as nobody can predict the exact times when bull run will start and that can be seen after all these forecasts got blown away during 2018 itself, and it wasn't the first time that this happened. BTC faced such speculation related issues back in past as well.

Quote
i personally think it has potencial due to  BAKKT,Nasdaq and Vaneck Solidx Futures.

Also the Bitcoinhalving is coming 2020, to avoid maybe high bitcoin prices ,the buy orders might start in the second half of 2019.

Your argument about Bakkt and ETFs can only be valid once there are signs of any of them getting launched, but till now, we're getting delays and delays only. Halving is one major factor, I believe, which could actually make investors think again about the price and where to move it to keep BTC profitable when it happens.

Quote
at the other handside, we are still in a hard redline bearphase, and its hard to say if those aspects will be a positive run as the volume right now is mostly dead. some pump and dumps of whales to play around

Volume is dead? Who said that?
Compare how much Fiat was used to pump up BTC to 20k, it's not that easy now. Games have changed after futures and shorts came into effect.

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