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Kemarit
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March 22, 2019, 01:06:32 PM |
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There's some eerie similarity on the patterns, but as the saying goes around this community, "past performance is not a indication of future success". So as much as we are all tired of this bearish trend for more than a year now, it doesn't mean that we are entering a bullish trend just because of those similarities. And remember that crypto or bitcoin is still young, we really don't have a big sample data to really compare and make a conclusion. Let's just wait, if a bull run happen then good, but if not then we need to continue to grind everything and hope that everything will change in the next couple of months.
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traderethereum
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March 22, 2019, 02:01:42 PM |
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Maybe yes, maybe no There is a different pattern in 2014-2015 with 2018-2019, and if you see the image, we still need to see another correction that might happen for bitcoin price. But who knows, we are at the beginning of the new bull run because the bull run can happen in anytime. I am sure that many more prediction will come on many websites and will make us excited to wait for the price to increase.
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dothebeats
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March 22, 2019, 04:59:39 PM |
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Similar movements in the market have been spotted on the wee months of 2016, continuing up until the height of the bull run in Dec 2017 until it's blow off. These kind of movements, as was evidenced from past graphs, tell us something about the present market condition. Basically, these movements signify a bull run intensifying from afar, although again, "past graphs don't paint the similar picture for future events" so again, this will not be applicable to the current market that we are in.
I'm as optimistic as you when it comes to market movements, although we have seen similar things formations in the past that didn't ring true to what it usually translates.
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Capt00
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March 22, 2019, 06:08:40 PM |
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Nobody knows yet. But hopefully, it will hapen. The graph has a similarity price movement way back in 2014 but that is not the indicator here. If you remember the last year happened they say that the last quarter of the year bitcoin will up just like what happen previous year but more worst it is drooped too much. As of now, it is a very young stage to predict the market price, it's better to wait and don't think too much ahead.
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The Cryptovator
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March 22, 2019, 09:06:10 PM |
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Really confuse situation now on bitcoin trend. We don't know what is going on. But still we are on bear trend. I can't say it bull run. But I am assuming this is preparation bull run. Even not too high but I am expecting bitcoin would cross at least $5K on middle of this year. I know every btc holder's are praying for bull run but it will not effect on price. So we have to wait and follow the trend. Who know when it will start run.
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Signature Space for Rent
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AhmadM
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March 22, 2019, 09:21:40 PM |
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Maybe yes, but I hope it can happen asap. From my thought that bitcoin circulation can reach ATH in 3-4 years after fall on bearish market. You can see the chart from 2014-2017 and analyze it by yourself
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Slow death
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March 22, 2019, 10:13:19 PM |
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already have people making price forecasts for this year BitMEX CEO Arthur Hayes Says Bitcoin Will Test $10,000 in 2019You just have to sit down, have a coffee and relax. There are still many months to go by the end of the year and many people are waiting to see the " bullrun ". I do not have high expectations for this year, but I want to see why people are so optimistic about these predictions
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jhongzjhong
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March 22, 2019, 10:23:07 PM |
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You just have to sit down, have a coffee and relax. There are still many months to go by the end of the year and many people are waiting to see the " bullrun ". I do not have high expectations for this year, but I want to see why people are so optimistic about these predictions
That's right, don't too much predict ahead of time because it gives you a headache perhaps the result on it. Just right, sit down and relax and drink coffee for a while and let your mind set free from different prediction which is not really well-known. I think OP, it is early to decide if it is the start of a bull run, I didn't see anything who was giving me as an additional. Small spikes are not the indication of on that.
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Oceat
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March 22, 2019, 10:28:25 PM |
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It might be possible but that was history and the price was different at that time. There are some charts before that I saw on a thread posted just because they are tired of too much bearishness and yet the market still fell and almost took the bottom. We are all uncertain about when is the bull run would really start but speculators do tell that it will only occur next year. But some experts tell it that it would hit this year but I don't think if whales will be going to push it or not.
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3996
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jossiel
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March 22, 2019, 10:48:21 PM |
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If that chart is your basis, IIRC there's no intense action of the market by 2016. With the comparison of the chart, it's likely that we're going to see the bulls by 2021. Again, if you are basing on that chart and comparison.
I'd say that the market has been so unpredictable and if there will be patterns like that, the good part of it is we're about to see the take off. We might have no idea on when exactly it will happen but the most important thing is we're going to see it soon and this bear's about to end.
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magneto
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March 22, 2019, 11:21:08 PM |
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Look at these charts! Before the BTC bullrun from 2014-2015 and now. It makes me happy just looking at it
It has really been a closer mirror to 14-15 than I think most people have expected. But it's not surprising, given the fact that bitcoin has always moved in cycles, most likely dictated by the halving as a major turning point. As we approach the halving, there will likely be more bullish sentiment present within the market, and as a result we may see a recovery happen from the bottoms of the bear market. I wouldn't get too excited to the point where I'm certain prices aren't going to go down further from this point, though, because there is every possibility that it could. Short term wise, volatility is unpredictable and even though a recovery will likely take place before next year, we could still see previous floors being tested before that occurs. I don't agree with the perma-bears with saying that BTC will go sub-$1000, though. That's just absurd given what we see with new institutional entrants to the market.
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barota
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March 22, 2019, 11:46:08 PM |
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yes you are right , the crash of 2014 -2015 is the same of the crash 2018 , i think prices can rise to up 7000 by summer 2019. buy as you can . 4000 usd per btc still cheap
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n0ne
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March 23, 2019, 04:18:15 AM |
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The cryptocurrency market move is completely unpredictable, the market could get deviated in any direction in any time period. Upon the chart we can make predictions, but what happens with the market reality is unsure. Growth patterns might similar to the previous bull market, yet large factors need to support growth. Let's wait we're just on the first quarter of the year.
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Baofeng
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March 23, 2019, 05:15:40 AM |
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I don't know, maybe the best thing to do for us is just wait till it happens. We don't need to pressure ourselves because this bearish market has really taken a big toll for all of us. So if the bull run happen next month, then good for everyone. But let me remind everyone that the price we all wanted to see will not happen overnight. It will take months or even years before we can finally see another all time highs in the horizon. So let's just sit back and relax and wait for it to happen, eventually we will reach there.
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mindrust
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March 23, 2019, 05:30:24 AM |
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Unless we see another ATL (below $3122), that's right.
We are in a bull run since the Mid December. However, This doesn't mean we are going to see another ATH (above $20k) immediately. There will be a long consolidation period before that.
I experienced these cycles 2 times in the past. With every new cycle, there are more bitcoin believers/hodlers joining the pary. This newer cycle has its hodlers too and most of them bougt their coins between $4k and 10k.
It is probably safe to say we will at least see $60k in the next bull run and there is a good possibility of seeing $100k.
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pooya87
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March 23, 2019, 05:45:59 AM |
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there is a ton of differences between the trends in 2013 to 2015 and 2017 to 2019 but the past year has proven that most people in bitcoin market don't seem to care about those differences and still insist on repeating the same patterns as before which i believe is the main reason why the bear market of 2017 lasted this long and this large. which leads me to believe that the reversal will also be the same and it makes these days the accumulation (starting) phase of the bull run to come.
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jakelyson
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March 23, 2019, 05:46:40 AM |
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It is a very good indication that there will be a bull run. The price is steadily rising these past months. Every bitcoin holder is wishing that it will come to that. I have been holding for a year now, and I am excited that there is finally some light that my patience will be rewarded. I hope the price of bitcoin continues to rise.
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Vaculin
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March 23, 2019, 05:57:00 AM |
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Thanks for sharing though, although this does not mean the trend will happen again. Anyway, this is interesting, if this will happen then we all should be happy and at the price now we are buying at dip. I'm very optimistic and just like you I'm also happy seeing the graph, any good news would really make me happy but I should not be too confident the same will happen.
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Bonsaiav
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March 23, 2019, 08:18:09 AM |
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Since yesterday and especially in these few hours I've seen a strengthening of its value even though it only increased by a few%. With this increase maybe almost everyone's excited at the moment, and I'm thinking "is it possible that the Bullrun seconds have started?".
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