Bull market is back?

[posi]

that is right , Bull market is back.
But , it is just the beginning. stay be carefull with always look at the chart.

So, how can you say that we're already on a bull run?
Whats your indicator of a bull run?

I made a post regarding this question on the other thread, and again I'll ask you this time, since you believed its the bull that is present in the market today.
For me it doesnt seem to be a bull run. If you take a look at the price of Bitcoin, it stabilized at around $5k. Although theres a slow uptrend, but it doesnt seem to be a bullish movement.

You're right mate and no indicator is needed to know when the market in bullish trend because the market will be experiencing some simultaneously ridiculous increase in price. However, I understand way back that some of high ranking member of this forum hardly know or have the require knowledge about crypto currency.

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[maldini]

The bull market is back, definitely. Both bitcoin and ethereum have gained over 25% in value from January to date. Heck, the entire cryptocurrency market added over a $80 billion within the last 120 days. Tell me, what is that if not a bullish market, huh?

It could not be, the increase in volume does not mean there will be a bullish event. Before April 4 the volume of bitcoin was bigger than after April 4, when at that time Bitcoin experienced a shocking pump.
So the volume does not determine market movements, do not make it a reference

[bigmelons25]

Don't be surprised if we start testing that old bitcoin bottom at around 3k, we are not out of the woods yet.

If there is one thing that crypto has taught me is that nothing is ever a sure bet.

[bcoinseliot]

Based on the price charts, it’s very likely. At least I hope for that. I think the recent market rise happened due to the long-term price pressing and low volatility. Some believe that we will observe decline soon after this growth. Probably, but I prefer to think otherwise. Furthermore, bitcoin strongly supports $5k level and today it's worth $5224. I think the whales are back so we can expect further pumps in price.

[Pamadar]

Don't be surprised if we start testing that old bitcoin bottom at around 3k, we are not out of the woods yet.

If there is one thing that crypto has taught me is that nothing is ever a sure bet.

You always needs alternatives just in case you see that coming, with precautions and good sets of strategy, this anticipated bull can do a side ways, make it sure to be ready, plan ahead of time and secure your assets, experienced let us analyze what possibility can do happen after this rise up.

[bitbunnny]

Don't be surprised if we start testing that old bitcoin bottom at around 3k, we are not out of the woods yet.

If there is one thing that crypto has taught me is that nothing is ever a sure bet.

You always needs alternatives just in case you see that coming, with precautions and good sets of strategy, this anticipated bull can do a side ways, make it sure to be ready, plan ahead of time and secure your assets, experienced let us analyze what possibility can do happen after this rise up.

I think that everry experienced user has learned so far that everything is possible when it comes to Bitcoin. Market looks good now, still the price rise isn't very big, and there is no guarantee that this trend will continue. And I still wouldn't call this a bull market. So I fully agree that you always have to have alternative and some back up plan and way out if necessary.

[miningguru]

Due to the price of bitcoin everybody thinking, we are in the bull run but we have to consider bitcoin should break many levels in the market. We should consider it is bull run only when it crosses the value of $19000 because it's previous ATH. Now price is kept struggling which I am not considering it as a bull run

[tonlong]

I don't think the pump happens with Bitcoin. Because Bitcoin prices are gradually being set. Bitcoin is at $ 5,475 this price is maintained relatively stable. So I think it goes up naturally. At this time Bitcoin can increase the price after the market crypto market received more good news.

[QueenW]

I think that the rise in Bitcoin prices means that we are in the final phase of a bear market. Gradually, the market will recover and I think by the fall it will recover completely.

[Ipwich]

I think that the rise in Bitcoin prices means that we are in the final phase of a bear market. Gradually, the market will recover and I think by the fall it will recover completely.

All we can do to determine if the market is already bullish or not is just to analyze the recent price movement.

Bitcoin has had good gain YTD, that's around 40% I guess and if you compared that to other assets, bitcoin wins and I hope that huge percent of increase can be seen as a bull reaction. We need more people to believe that it's already a bull market so the price will be push higher and support will be stronger.

[Aivaryamal]

Let's be frank and assume that the bulls will come only when the price of bitcoin will show a completely new maximum, that is, the cost of more than 20 000 dollars, and not these changes within 15-20%

[TheUltraElite]

Let's be frank and assume that the bulls will come only when the price of bitcoin will show a completely new maximum, that is, the cost of more than 20 000 dollars, and not these changes within 15-20%

If you are being frank then you cannot assume anything. Thats a wrong way of saying.

Anyway the bulls are not going to be there always. Whales pump the market when they want and how they want. Minuscule traders are worthless to them and only increase the amount of feed they get. When the market pumps its surely some people buying it and every buying pressure will be followed by a correction and a selling pressure. That is evident from todays price where bitcoin touched 5.2k USD again after reaching 5.6k yesterday.

Keep thinking about prices of 5digits but that wont happen soon. Slow and steady growth is better than pumped up growth.

[futile-resistance]

Let's be frank and assume that the bulls will come only when the price of bitcoin will show a completely new maximum, that is, the cost of more than 20 000 dollars, and not these changes within 15-20%

I will tell you that there is still inflation in Venezuela and people have no idea of what is going on. There was a hyper inflation few years back and affected people the same way this inflation is doing. There is just a change in the degree of doing so. So, I think that even this rise in treating people in a way that the Bull Run back in 2017 did but the degree is not the same. You should out in money. Whales love big profits and who know they might already be part of the awaited bull?                                                                                                                                   

[thuthanh]

I think the bull market may come back in the last months of the year, probably this December. This time the market is not really good so the bull market cannot.

[freedomgo]

I think the bull market may come back in the last months of the year, probably this December. This time the market is not really good so the bull market cannot.

That would be hard for BTC to rise and break its ATH if bull run will happen in the last month.
Maybe the 2nd half of the year is a good time to see it, we have plenty of time to break the ATH, I'm always saying about new ATH because I like this market to be great again, some of us sold during the peak and still holding, it's the only way to be profitable again.

[Rooster101]

If a bullrun will happen this year, what will be the reason? What are the possible factors that will drive the bitcoin to its another all-time high this year? The price of the bitcoin already goes up to $5500 in recent days and the market shows some bullish signs but it need a strong support from the investors and traders to continue its uptrend. I believe that a bullrun similar to 2017 will not yet happen this year but bitcoin will be much better this year than last year(2018).

[dentolas]

I am cautionous to say this type of stuff...
I am happy to see the dynamic rising on the market and BTC behaving nicely, but I don't think the market makers are ready to start pumping at this time...
We are maybe on an optimistic market, with BTC running along between 4500-6000 until the end of the year and a good altseason in the meantime...
but definitely, dynamics have changed and market is more powerfull... if not already here, bull is comming....

[princerepon]

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin

I think so. last couple of weeks market achieve lots of correction. I think market will recover there losses very soon. Every coin and tokens doing very good run. But stay alert every time because it's crypto market guys. this the most sensitive market in currency. don't loose your coin or token after bear comes.

[sgenuine]

The bull market is back, definitely. Both bitcoin and ethereum have gained over 25% in value from January to date. Heck, the entire cryptocurrency market added over a $80 billion within the last 120 days. Tell me, what is that if not a bullish market, huh?

Not yet, I think. When bulls come, the growth of the cryptocurrency will be sufficient. Bitcoin and some altcoins gained, but it is not yet enough. The real bull market can start later.

[rarkenin]

Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?

Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170

https://www.coingecko.com/en/coins/bitcoin

I think so. last couple of weeks market achieve lots of correction. I think market will recover there losses very soon. Every coin and tokens doing very good run. But stay alert every time because it's crypto market guys. this the most sensitive market in currency. don't loose your coin or token after bear comes.

Crypto markets are unpredictable and there is no need to discuss the perceptions of everyone. Market fluctuations can affect the liquidity and bull market will come after greet disbalance between buying and sell orders.