[2019-2-13]Can we Expect a Bull Run in the Cryptocurrency Market any time Soon?

[Vladdirescu87]

The leading digital currency by crypto market capitalization, Bitcoin, has been struggling to survive in the tough conditions of a prolonged bear market. With traders losing their last hope, Chinese Bitcoin bull predicts a large upward movement to $740,000.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bull-run-cryptocurrency/

[CryptoBry]

Amidst the continuing bearish market, I am always happy to see some negative views and news about the possibility of the next bull run which is hoped to be happening soon or at least within this year. People involved with Bitcoin can either be still hodling or have already given up the market. I believe in the future of Bitcoin though it can be easier for me to say it since I don't have that much Bitcoin anyway. Let's just hope for the best and yet prepared for the worse...

[1Referee]

The leading digital currency by crypto market capitalization, Bitcoin, has been struggling to survive in the tough conditions of a prolonged bear market.

Lol. The only ones struggling to survive are those who expect 10x profits before the end of the week. The rest is pretty okay with how the situation is, because people get used to it and lower their expectations.

This bear market makes people realize that crypto isn't a one way ride to the moon, and that's very important, because it makes them understand that free money doesn't exist here. At one point profits will be taken by large players, and that's what we're seeing right now. If there was more liquidity, we wouldn't fall down that hard, but hey, there isn't more liquidity, so we have to deal with the situation as it is.

Instead of hoping for a bull run to happen, better enjoy the current price and stop calling it boring or low. $6000 was boring and low people said, well, $6000 is still better than $3500 isn't it? Be careful what you wish for.

[Betwrong]

Furthermore, North Korea also seemed to follow such a model. While the tension around the nuclear threats and economic punitive reactions of the United States increased, the Bitcoin price fell as well.

I don't understand this implied correlation. Shouldn't Bitcoin, as an alternative to fiat money, react the opposite way to the potential instability in the world that hinges on those money?

I must admit that in the past I used to enjoy reading predictions about Bitcoin going to $100k+, but I don't anymore. One must draw the line somewhere. We don't need no more ungrounded predictions, they are doing no good to Bitcoin.

[BitHodler]

I must admit that in the past I used to enjoy reading predictions about Bitcoin going to $100k+, but I don't anymore. One must draw the line somewhere. We don't need no more ungrounded predictions, they are doing no good to Bitcoin.

News outlets need an infinite source of content, and the speculative nature of this market offers exactly that. Price up, they have something to write about, price down, same, stagnant price, same.

And then we have the what seems to be endless supply of rehashed ETF articles.... Each time you think it's over, you see another article pop up stating the exact same as the 50 previous articles in the last couple of months.

Overall, the more people hope for a bull run to start any time soon, the more I think that we're not done bottoming out. It could be that we need one more horror sell-off that will get rid of the most persistent "hodlers".

[pixie85]

Why are these reporters saying that bitcoin is struggling to survive. The bear market is a normal thing that hits every asset at some point and bitcoin is coping with it very well. It did not correct below the 2013 all time high so it still has big gains. We will have a bull run and who cares if it happens next month or in 2 years. It's supposed to be a store of value not a get rich quick scheme.

[Kemarit]

Why are these reporters saying that bitcoin is struggling to survive. The bear market is a normal thing that hits every asset at some point and bitcoin is coping with it very well. It did not correct below the 2013 all time high so it still has big gains. We will have a bull run and who cares if it happens next month or in 2 years. It's supposed to be a store of value not a get rich quick scheme.

It's because they think that Bitcoin should be around $20,000 or more by today and any less than that is a failure. LOL. So that's the attitude that newbies learn from reading from this so called crypto websites, Bitcoin is supposed to go to a parabolic rise so that they can make a lot of money. They don't understand that the market works in cycles, that's why they can't cope with the longest bearish trend so far.

[Harlot]

I don't know where they are getting their big price predictions at but I don't think we need to believe them always, they don't even support their predictions with factual basis on how they made that number up. But one thing is for sure this people will all be saying their were right once Bitcoin's price will go up. The only thing that will make this true is them making all their bull predictions in the bear market that once this bear market all of them will be saying that they are right even though their prices are not meant.