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Author Topic: Bulls need time  (Read 1027 times)
mirakal
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May 04, 2019, 02:22:43 AM
 #161

And that time has arrived, the price is trying to breach $6k,...

We were able to breach that $6k already, it's trading over $6K now in Bitfinex, I would not be surprise if price will shoot up in other exchanges like Binance.
Keep the ball rolling, we clearly now in the bull market, Grin

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May 04, 2019, 02:46:09 AM
 #162

And that time has arrived, the price is trying to breach $6k,...

We were able to breach that $6k already, it's trading over $6K now in Bitfinex, I would not be surprise if price will shoot up in other exchanges like Binance.
Keep the ball rolling, we clearly now in the bull market, Grin
The uprise running still heading to it's good position and breaking $6k mark is nearly been achieved to most exchange aside from Bitfinex, the continues pumped really helps to bring newer investors to also take the risk, while whales is not showing any indications to create a massive dump bringing the
value back to a bearish again.

If this will continue this month then another barrier will be break again after $6k, maybe $7k or $8k just small run but strong supports not to fall hard back again.
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May 04, 2019, 12:19:50 PM
 #163

I know that but I think we have waited long enough and suffered a long bear period in 2018 and this year will surely about the bull movement. It's very subtle but huge partnerships are already happening and the clues have already been reported like the samsung and google support for the crypto customers.
To be honest, the price of Bitcoin had been down for more than three years back in 2013 until it hit the peak in 2017. This is a sure thing that the market will appreciate and depreciate and people who invest in the down market make the maximum out of it but they just do not have any influence over the market. Whales could play a role in bringing some changes but I believe that fir now, we are in the mood of recovery.

Bulls are getting ready right now it seems because we are slowly recovering toward $6000 levels. In some sense, we are already into bullish markets but people are sharing like they will consider about bullish market only after bitcoin prices reaching $10k levels. So, we may assume right now bulls are still getting ready to "full bull mode".
I am not very sure about the price prediction. Because this is something uncertain and is only determined by the endogenous and exogenous factors of the market. We should not even compare this Bull Run with the one we had back in 2017. The reason behind this is that we have gotten things changed in the crypto space.

We do not have that similar market. There are so many other altcoin, tokens which could shift the demand from Bitcoin. For profits, stay in the market because we have Bull Run.
Yeah, we really cannot compare the conditions of this year with 2017, because it will be different. but with price movements this year similar to 2017, where prices are slowly rising and may be mid-year until the end of the year, high demand will occur. because halving will certainly make many people interested in buying. Indeed bulls need time and I think 2 year is enough for bitcoin to recover..
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May 04, 2019, 12:46:18 PM
 #164

Bull run of course need a time to ensure that support volume is strong enough to break some resistances ahead. When its support is really high, then it's very easy to break its resistance otherwise, it's gonna be hard to break the resistance if the support is not strong and might be to retest the support area below the current price.

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May 04, 2019, 01:38:13 PM
 #165

And that time has arrived, the price is trying to breach $6k,...

We were able to breach that $6k already, it's trading over $6K now in Bitfinex, I would not be surprise if price will shoot up in other exchanges like Binance.
Keep the ball rolling, we clearly now in the bull market, Grin

I hope the price can increase more than $6200 Grin

I see there is a big chance for bitcoin to break $6200 level and still going to go up although the trend now is down. Maybe we will see some surprise in the next week, so we need to be ready for that.

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May 04, 2019, 03:14:04 PM
 #166

Perhaps this will happen when the Altcoins are almost up. When Bitcoin reached $ 5,700 after a year of heavy falls. I think in the future the bear market will end and bull run may happen.

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May 04, 2019, 03:32:13 PM
 #167

I agree that the bulls needs time in order to recover but while we are waiting for it what are we going to do? have we figure it out already our plans? well in this case we should study and be ready on what might happened when the bulls is on fire again but right now while we're studying our strategy or getting ready for the bull, why we don't take advantage at the swings in the market. I think we can get a decent amount of income or profit from swing trades.

It seems to me that we start treating these so-called bulls like real creatures. Suppose, the period when we see how the cryptocurrencies are going up is very close. We were waiting for it too long.
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May 06, 2019, 06:48:52 AM
 #168

Another factor that cannot be stopped is reducing the supply of bitcoin.
this can be a cycle that cannot be stopped and bitcoin will continue to rise.
many predict this.
There is no unlimited supply of bitcoins as there are a limited number of bitcoins present in the network. Some of them might be remaining to mine out but most of those number is in the current circulation. The lesser the supply would be the more the demand would be for any specific commodity.

If the total amount of bitcoins are been shortened then the demand for the will gradually rise and the price for bitcoins with meet the All Time High. This could be possible if a x amount of bitcoins are been burnt. That is not actually possible but just one of my opinion. The supply for each commodity should be in our control to keep the price and demand in our control.
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May 06, 2019, 07:39:58 AM
 #169

Perhaps this will happen when the Altcoins are almost up. When Bitcoin reached $ 5,700 after a year of heavy falls. I think in the future the bear market will end and bull run may happen.
Bull markets entirely depend on the price for bitcoins. The higher the price for bitcoins would go the more close the bull markets will arise. Bull markets will make us see all major altcoins including bitcoin, etherum, etc on the highest peak until now and the number would keep going in the ascending manner.

Such bull markets could be welcomed soon as the price for bitcoins is really going on the peak after the heavy fall later mid 2017. The ones who would hold most of the bitcoins in these bull markets would be the future millionaires. bear markets are on the border of extinct now and atleast for a year from now, we can see bitcoins and all other altcoins on a peak.
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May 06, 2019, 12:23:52 PM
 #170

One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out

Your analysis should have some chart to definitely tell the community or the NEWBIES what the market movement is. I believe with a clear view of what you are talking about in the chart will make a long way.

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May 06, 2019, 06:20:24 PM
 #171

Yes it is true that time is always important and it will happen only it reaches it's perfect time then only the the possibility of bull Run will available but in today situation I think it will already starts so we need to wait very low time then the profit is easily available for us.

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bitbunnny
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May 06, 2019, 06:42:05 PM
 #172

Yes it is true that time is always important and it will happen only it reaches it's perfect time then only the the possibility of bull Run will available but in today situation I think it will already starts so we need to wait very low time then the profit is easily available for us.

The problem is that many Bitcoin users don't have enough patience. They want everything now so they don't respect time and that is mistake. Nothing happens over night and not every price rise is bull run. But users behaviour shows that Bitcoin price has become the only thing that matters.

Tungsten-1
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May 06, 2019, 06:48:21 PM
 #173

One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out

Your analysis should have some chart to definitely tell the community or the NEWBIES what the market movement is. I believe with a clear view of what you are talking about in the chart will make a long way.
The more we give fine and transparent analyze the more people will trust it and the more it will be applicable by investors, so give proper evidence about what we say related to market, bull is on the way because recently new investors got in the market which improved the price value of the coin and it made trading even more profitable in 2019.
Vaculin
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May 06, 2019, 11:56:29 PM
 #174

Yes it is true that time is always important and it will happen only it reaches it's perfect time then only the the possibility of bull Run will available but in today situation I think it will already starts so we need to wait very low time then the profit is easily available for us.

The problem is that many Bitcoin users don't have enough patience. They want everything now so they don't respect time and that is mistake. Nothing happens over night and not every price rise is bull run. But users behaviour shows that Bitcoin price has become the only thing that matters.
Patience would  still be the best virtue in trading aside from those trading skills and strategies we developed along with time. Crypto market has always its fluctuations and so price varies every now and then. If you are not patient, you will really lost your good analysis in trading but if you are patient enough, you learned to wait for the perfect time to trade, then more chances for you to be profitable in trading.
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May 07, 2019, 02:12:13 AM
 #175

I think you just need to relax and wait. because growth usually begins when no one expects it. patience is the key to success. The market cannot fall all the time, which means the bull season will come soon.

 
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May 07, 2019, 02:44:16 AM
 #176

I think you just need to relax and wait. because growth usually begins when no one expects it. patience is the key to success. The market cannot fall all the time, which means the bull season will come soon.
Well, holders are relax, we should do that to be called a real holder.
The price movement now is good, in fact today ETH had a good increase and that's very healthy for the market as it's not only BTC that is increasing.

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