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Author Topic: Reaching $7000 so can we confirm the bull run?  (Read 604 times)
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May 11, 2019, 05:31:53 PM
 #1

There is huge price trend change on the crypto market and the prices almost doubled now from the prices of beginning this year,we almost had $1000 price increase in the last 24 hours alone so can we confirm now that no more bears for now even the corrections?

Any TA experts confirm it. Cheesy

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May 11, 2019, 05:46:38 PM
 #2

This morning I checked the BTC price with my coffee and I said: "what's going on!" $500 during the night. And I was thinking about @mikeywith Grin
Yet, I prefer to wait a little longer. maybe once we hit $7,500 or $8,000. Which could be tomorrow lol. Since April Bitcoin is doing great during weekends.

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May 11, 2019, 06:17:33 PM
 #3

I think even if the price grow so much we can't be 100% sure if is the start a bull run, i think is more better to wait and get more bitcoins, but even if the price will drop maybe after time a bull run will grow.

 
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May 11, 2019, 07:15:05 PM
 #4

Likely we are on bull run if btc stay above $7K. Seems btc don't want to come down and still continue up trend. Perhaps there would be little pull back but we might see another bull run after pull back. Expecting btc should above $8K within couple of day. Then obviously we can say exactly we are in bull run. Although I am not technical analyser but I follow the trend of bitcoin.
$7000 looks another pshychological barrier if it possible to break then it might a feel of bull run among the investors but it will be able or there will be a correction?

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May 11, 2019, 07:40:44 PM
 #5

I've read so many comments over the past few months, people saying that once we go past the 6k mark, it would be a solid confirmation of a bull market...Now it's 7k?  Roll Eyes  I don't think you need an exact price to finally say "we're in a bull run", what we need is constant upward movement in the market. If prices keep going up for several weeks or months (like now), then it's safe to say that we're already in a bull market.

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May 11, 2019, 07:41:02 PM
 #6

There is huge price trend change on the crypto market and the prices almost doubled now from the prices of beginning this year,we almost had $1000 price increase in the last 24 hours alone so can we confirm now that no more bears for now even the corrections?

Any TA experts confirm it. Cheesy

breaking the 2018 resistance is a great sign. ideally though, to confirm the bull market, i want to see the $6k zone hold as support once price corrects. we'll probably hit a brick wall somewhere between $7k-$8k and correct downwards.

if bulls absorb all selling pressure in the $6000s and then push back upwards, that will confirm there's no more supply at these levels. we'll also form a higher low on the weekly and monthly charts---another confirmation of a bull market.

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May 11, 2019, 07:44:14 PM
 #7

Likely we are on bull run if btc stay above $7K. Seems btc don't want to come down and still continue up trend. Perhaps there would be little pull back but we might see another bull run after pull back. Expecting btc should above $8K within couple of day. Then obviously we can say exactly we are in bull run. Although I am not technical analyser but I follow the trend of bitcoin.

This one. If we can go above $7k today and sustain it and then we have a slow approach to $8k then possible that we are out of the bearish cycle and entering the bull run. But I'm expecting some pull back in the next coming days and the make another push to $7k and then $8k.

And once we became sort of stable again or not spiking like we have witnessed in the last 48 hours, then we can say that the bull has taken over the market so let's see how it pans out.

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May 11, 2019, 07:54:49 PM
 #8

Yet, I prefer to wait a little longer. maybe once we hit $7,500 or $8,000. Which could be tomorrow lol. Since April Bitcoin is doing great during weekends.
It's funny though. I remember on the way down to $3000 people said that we would go back up soon, while right now on the way up people try to talk the current rally down as if it's not a good development at all.  Cheesy

Same with a lot of youtubers. Price down they show all kinds of scenarios why they think the price will go up again, and now they shifted to being bearish and show why they believe the price will go down again.

People really need to calm down and just enjoy whatever it is that the market subjects them to. It was awesome seeing the price tank for me, and now it's awesome seeing the price go up.

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May 11, 2019, 07:58:15 PM
 #9

I reckon we should wait for Bitfinex and Binance to get their house fully in order before deciding whether this is a decisive direction or not. Both of them carry a big stick around here.

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May 11, 2019, 08:09:20 PM
 #10

I reckon we should wait for Bitfinex and Binance to get their house fully in order before deciding whether this is a decisive direction or not. Both of them carry a big stick around here.

An old mentor of mine once told me: when a bearish market ignores bearish news (like the Bitfinex insolvency revelation and the Binance hack), pay attention.

The fact that the market rallied in the face of these bearish triggers is an indication of strongly bullish sentiment. The spread between Bitfinex and the rest of the market has already disappeared and Binance will be reopening withdrawals in a few days.

Until Bitfinex actually gets their domain taken down by the FBI, I don't think they're going to be stopping a bull market.

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May 11, 2019, 08:26:26 PM
 #11

I am afraid to confirm it really feels like if I say yes then tomorrow i will see the price going down fastly, don't know why? hope it will go higher and we can say more assured we must see +500$ or more every morning, let's hope for that ,keep it up BTC you can do it.

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May 11, 2019, 08:27:05 PM
 #12

An old mentor of mine once told me: when a bearish market ignores bearish news (like the Bitfinex insolvency revelation and the Binance hack), pay attention.

The news has been and gone. I'm talking more about the actual functionality. We've no idea what the money on Binance wants to do once it's unleashed again. We don't know how confident BFX users are until the LEO or IEO or whatever concludes and is successful.

Both places have a lot of potential to make influential moves and neither are in full health.

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May 11, 2019, 08:34:26 PM
 #13

I am afraid to confirm it really feels like if I say yes then tomorrow i will see the price going down fastly, don't know why? hope it will go higher and we can say more assured we must see +500$ or more every morning, let's hope for that ,keep it up BTC you can do it.

Hope your prediction wont come true.
Want to see whole market to grow and not only alts grow in same amout as bitcoin grow.

Last month shows that the market is ready to recover from stagnation. Hope bull are strong enough tovget to 10k.

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May 11, 2019, 08:42:30 PM
 #14

An old mentor of mine once told me: when a bearish market ignores bearish news (like the Bitfinex insolvency revelation and the Binance hack), pay attention.

The news has been and gone. I'm talking more about the actual functionality. We've no idea what the money on Binance wants to do once it's unleashed again. We don't know how confident BFX users are until the LEO or IEO or whatever concludes and is successful.

The point was more about using market reactions to news as a gauge for sentiment. In bear markets, bad news triggers selloffs. That obviously didn't happen here so it begs the question, are we in a bear market anymore? Probably not.

As for your concerns, we know Bitfinex users aren't desperate to leave anymore. It's obvious because the premium to get out is now negative. That source of buying pressure is gone. Also, it looks like they've already lined up commitments for the entire token sale: https://www.coindesk.com/bitfinex-token-sale-has-lined-up-1-billion-in-commitments-shareholder-says

As for Binance, this wasn't a huge hack for their size and users won't lose anything. I don't think their recovery is highly doubted. They're not like Cryptopia or something. Even if there's an exodus from Binance to crypto wallets and other exchanges, I don't see why that would be bearish for the market. Poloniex and Bittrex fading from popularity in mid 2017 didn't stop the bull at the time.

I feel like we've seen this story play out too many times to overly worry. My perpetual mistake in crypto is assuming people will approach fundamentals rationally. In bull markets, fundamentals never matter.

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May 11, 2019, 08:46:50 PM
 #15

There is huge price trend change on the crypto market and the prices almost doubled now from the prices of beginning this year,we almost had $1000 price increase in the last 24 hours alone so can we confirm now that no more bears for now even the corrections?

Any TA experts confirm it. Cheesy
No experts TA here, but the last bottom we have was like $3100-$3200, so at the current price we have doubled it already. So maybe that's a strong indication that we are in a bull run. Plus we are not affected by the Bitfinex and Tether drama, and just a couple of days ago Bitfinex was hacked and then Rep. Sherman bad mouthing bitcoin and proposing a bill to ban all crypto. So despite those negative news, the market is gaining momentum and have no impact whatsoever.

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May 11, 2019, 09:10:46 PM
 #16

This morning I checked the BTC price with my coffee and I said: "what's going on!" $500 during the night. And I was thinking about @mikeywith Grin
Yet, I prefer to wait a little longer. maybe once we hit $7,500 or $8,000. Which could be tomorrow lol. Since April Bitcoin is doing great during weekends.
This is also the thing I do observed that Bitcoins price or generally the market becomes good when its weekends and suddenly goes back to lower points on weekdays.
I don't know if theres some pattern but this is happening frequently but one things for sure that theres no such thing on confirming if this is already the bull run.
Either this would be some trap or totally the reverse of the trend that's why decision making would be crucial when making some orders/entries.



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May 11, 2019, 09:26:34 PM
 #17

There is huge price trend change on the crypto market and the prices almost doubled now from the prices of beginning this year,we almost had $1000 price increase in the last 24 hours alone so can we confirm now that no more bears for now even the corrections?

Any TA experts confirm it. Cheesy


I totally agree with you, any technical analyst can assure you that prediction, but remember that the market usually moves according to the scenarios, that is, if we see that the bitcoin market makes a providential increase, people start to enter because they want to lose the movement, and the price is increasing and with a lot of volume, what can not be ruled out is that they are bullish traps, in Wyckoff's book Valdecantos, he explains this scenario, but what is the problem of the TA? that's just that, because they are based on indicators and a series of tools with a lot of calculation, approximations and statistics, but those indicators are not going to tell you what phase of the market is, which was what happened, if it was the movement of a Whale or institutional money, if the volume is fictitious or if they only made the move because they wanted to try the offer at those levels.

That is why we are very careful to enter the market when the movement of it is taking place, because many can assure that we are bullish, but we are in a phase of accumulation, that is, at any moment it can fall, and those who have entered in LONG your position may be liquidated.

It usually happens a lot, in my personal opinion, we are not yet in the bullish trend phase, we are still in the accumulation stage and these movements tend to occur because the volatility in this phase is high, and it may fall at any moment because the effort what they do to raise the price must be seen in profits for those who decided to do it, and that is usually rewarded when the same whales are sold gradually.

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May 11, 2019, 09:34:46 PM
 #18

It depends to you if you are going to believe if it's on the bull run or not but for me we are on the bull run . Last few hours ago the market reaching $7000 but it down to $6900 whoch is only $100 decreased and the price now are stable and we hope that the next movement for this is up not down. Many expert confirm bull run already hitted bevause they see good movement to the bitcoin.
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May 11, 2019, 09:54:22 PM
 #19

I don’t know if this is a real bull run now but I think the price right now is really good and its very high now compare in the early months of 2019. If we can go beyond $7k level i think that’s already a bull run and its not a trap anymore, i just hope also that ETH will go up and hit the level of $300 again because i’m holding this coin too.

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May 11, 2019, 10:36:12 PM
Last edit: May 11, 2019, 11:22:46 PM by gentlemand
 #20

As for Binance, this wasn't a huge hack for their size and users won't lose anything. I don't think their recovery is highly doubted. They're not like Cryptopia or something. Even if there's an exodus from Binance to crypto wallets and other exchanges, I don't see why that would be bearish for the market. Poloniex and Bittrex fading from popularity in mid 2017 didn't stop the bull at the time.

I'll say again, it's not about news or perception.

No money can get in or out of Binance. That is the world's biggest exchange by real volume. It may be pure coincidence but this bonkersdom has only kicked off after it removed itself from the playing field. That has to be having an effect.

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May 11, 2019, 11:17:31 PM
 #21

Likely we are on bull run if btc stay above $7K. Seems btc don't want to come down and still continue up trend. Perhaps there would be little pull back but we might see another bull run after pull back. Expecting btc should above $8K within couple of day. Then obviously we can say exactly we are in bull run. Although I am not technical analyser but I follow the trend of bitcoin.

Or in 5 hours lol
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May 12, 2019, 02:47:43 AM
 #22


Mikeywith got rekt with the last stream of shorts , the bulls smashed my 6k resistance like it isn't there Grin , i was like hey bulls, can't you see the resistance? they happened to not give a fuck about it  Roll Eyes

 but hey i can't be right all the time , simply because I don't have that crystal ball yet


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May 12, 2019, 04:08:29 AM
 #23

How long do we have to wait to believe that this is a bull run? This already confirmed, we are in the bull run now.
I don't trust TA during the bull run as the market does not behave in a regular mode.

 
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May 12, 2019, 04:31:17 AM
 #24

I've read so many comments over the past few months, people saying that once we go past the 6k mark, it would be a solid confirmation of a bull market...Now it's 7k?  Roll Eyes  I don't think you need an exact price to finally say "we're in a bull run", what we need is constant upward movement in the market. If prices keep going up for several weeks or months (like now), then it's safe to say that we're already in a bull market.
At this time, Bitcoin also passed the mark of seven thousand dollars and now its price, according to the CoinMarketCap, is 7185 dollars. So in any case, we can say that the bull run has begun. I see that many simply do not believe in it, so long before it was in front of a bear market. However, it did happen. We would still have to solve the problem of fraud in ICO projects.

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May 12, 2019, 05:25:30 AM
 #25

Update: in less than 12 hours from this thread created bitcoin break $7000 and still going unstoppable for me it looks we can confirm this as bull run as of now.

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May 12, 2019, 06:17:49 AM
Merited by mikeywith (1)
 #26

As for Binance, this wasn't a huge hack for their size and users won't lose anything. I don't think their recovery is highly doubted. They're not like Cryptopia or something. Even if there's an exodus from Binance to crypto wallets and other exchanges, I don't see why that would be bearish for the market. Poloniex and Bittrex fading from popularity in mid 2017 didn't stop the bull at the time.

I'll say again, it's not about news or perception.

No money can get in or out of Binance. That is the world's biggest exchange by real volume. It may be pure coincidence but this bonkersdom has only kicked off after it removed itself from the playing field. That has to be having an effect.

I completely disagree. Binance has nothing to do with this rally. Everyone is just looking for reasons to explain away their disbelief about this rise in price. It's classic bull market behavior.

Why would Binance getting hacked and suspending deposits and withdrawals cause a parabolic rise? Serious question.

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May 12, 2019, 06:18:47 AM
 #27

There is huge price trend change on the crypto market and the prices almost doubled now from the prices of beginning this year,we almost had $1000 price increase in the last 24 hours alone so can we confirm now that no more bears for now even the corrections?

Any TA experts confirm it. Cheesy

The bull run is already confirmed.We don't have to reach 7K USD price in order to confirm it. Grin
Last month,the bitcoin price went from 4K to 5K in about 2 days.That was really weird.I thought that the whales are manipulating the market,now it looks like it's a stronger trend(still manipulated,though).
The market "bears" will sleep for a few months,I guess.

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May 12, 2019, 09:36:31 AM
 #28


Mikeywith got rekt with the last stream of shorts , the bulls smashed my 6k resistance like it isn't there Grin , i was like hey bulls, can't you see the resistance? they happened to not give a fuck about it  Roll Eyes

 but hey i can't be right all the time , simply because I don't have that crystal ball yet



Don't worry mate, if we were right all the time the life would be pretty boring I think. And mistakes are needed otherwise we don't learn anything from our life.

@extasie
I said that finally, I think people don't care about Bitfinex...  For the time being...
Because it's just the beginning of the story. But what about when the American justice(the NY stuff, IDRC) starts taking concrete action against Bitfinex? Currently, it is just like an "announcement" in media.

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May 12, 2019, 09:53:18 AM
 #29

This rise does not look too healthy to me.

Sure, it's nice to see your assets gaining 20% in a few days, but this is pure manipulation once again (in my humble opinion).

In case I am not able to access my bitcointalk account on January 1st, 2022, below is my Bitcoin address for the bet settlement:
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May 12, 2019, 10:08:43 AM
 #30

This rise does not look too healthy to me.

Sure, it's nice to see your assets gaining 20% in a few days, but this is pure manipulation once again (in my humble opinion).

If it's not healthy, then don't forget to take your profit before it's too late. The price still going to go up this day, I am happy to see a big green candle after a long time ago I haven't seen and until this day, I can see that long green candle again.

The highest price has been a break, and the next big target will be at $8000. I am sure that the price can break and go to that price in this month. Perhaps, we can confirm this is a start for the bull run, and the coming will be near to us, so we need to place bitcoin in the price we want. We still don't know until how higher bitcoin price can reach.

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May 12, 2019, 12:07:40 PM
 #31

This rise does not look too healthy to me.

Sure, it's nice to see your assets gaining 20% in a few days, but this is pure manipulation once again (in my humble opinion).
There is no such thing as organic growth again, I think this big pump and dump is just a manipulation, but I would not bother over analyzing it, we know how the whales work, we should not only invest by holding, we have to capitalize in this situation.

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May 12, 2019, 12:15:30 PM
 #32

Checking the price today, I see some dumps, meaning that the support around the $7400 is broken. So the next support line is $7200 so let's see how it goes or there could be some pullback along the way.

We are already in a bull run, but it can be bumpy most of times and that is scary for most newbies who maybe affected by the price movement and then sell pulling back the price.


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May 13, 2019, 04:02:36 PM
 #33

The price of bitcoin is $7850 at the moment and $8000 will be broken in the next few hours,get ready folks and tighten your seat belts we will arrive the moon soon. Cool

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May 13, 2019, 04:38:53 PM
 #34

Yeah, this looks the real bull trend as we haven't really seen it increase by $2k in just a month and it's just been an upper trend followed in May 19. Last it touched $8k in July 2018. It's following a similar graph as 2017 when prices rose from $2k to $4k in just few months and it was around the same month when it happened May 2017. I can't see the reason why it's happening so I can assume another Pump.

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May 13, 2019, 04:46:21 PM
 #35

@extasie
I said that finally, I think people don't care about Bitfinex...  For the time being...
Because it's just the beginning of the story. But what about when the American justice(the NY stuff, IDRC) starts taking concrete action against Bitfinex? Currently, it is just like an "announcement" in media.

That's the thing. There was no concrete action here, just FUD. So like 2017 when Bitfinex and Tether lost banking capabilities, it was actually a trigger for the market to pump since Bitfinex USD and USDT holders were panic buying crypto to get out.

When the hammer really comes down, i.e. the FBI and DOJ seize Bitfinex's domain and unseals criminal indictments against the owners, it'll trigger a market crash I'm sure. It won't trigger a new bear market, but it'll provide a nice crash......maybe similar to the crash following the Bitfinex hack in 2016.

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May 13, 2019, 04:54:57 PM
 #36

Seems current bitcoin price $7.9K+ at coinbase price. Likely bitcoin is trying to break $8K zone, I believe we are on bull or on the way if bull run. I don't think it would take much time for next breakout of $8K zone. Noticed there lot of unique traffic increased in coinbase and Binance. I think this is sing of new investors. Likely new investors investing on bitcoin and that's the reason of unique traffic.

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May 13, 2019, 05:13:04 PM
 #37

Update: in less than 12 hours from this thread created bitcoin break $7000 and still going unstoppable for me it looks we can confirm this as bull run as of now.
The bear market was so long that many simply could not verify that the cryptocurrency market had changed and became bullish. However, it did happen. Yesterday, Bitcoin fell slightly to the price of 7154 dollars, but today has grown, according to CoinMarketCap, to 7822 dollars. This is clearly a bull market.

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May 13, 2019, 06:26:00 PM
 #38

Update: in less than 12 hours from this thread created bitcoin break $7000 and still going unstoppable for me it looks we can confirm this as bull run as of now.

I woke up today and bitcoin was 7000 and after I got back from work I saw that it went 7800.
This is what we want to see in the market. We want to have green days with huge increases (but these increases bring decreases). Old good days that reminds late 2017s.

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May 13, 2019, 06:29:22 PM
 #39

This is what we want to see in the market. We want to have green days with huge increases (but these increases bring decreases). Old good days that reminds late 2017s.

I don't really regard 2017 as the good old days. They lasted for an extremely short period of time then they made you pay with months and years of boredom and nothing. I'd be more content if it had reached this price level over the course of the summer. This don't smell too nice to me at least. Happy to be proven wrong.

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May 13, 2019, 06:41:55 PM
 #40

Bitcoin has almost touched $ 8,000 and there are still no signs of weakness. Some say it is related to Binance, others say that the main growth version is now the effects of the USA- China trade war.

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May 13, 2019, 07:28:00 PM
 #41

   Well, I hope bitcoin will raise with same kind of tend for far more.
I do not know what to say. I am scary to say, yes, it's a new bull run, to not get disappointed deeply when the price will drop deep tomorrow.
   Better I'll stay calm and a little bit sceptical.

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May 14, 2019, 05:44:15 AM
 #42

Looks there is no downfall on the prices and it reaching $8000,so it will be good enough to consider that bull run is already started.

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May 14, 2019, 06:00:39 AM
 #43

It seems like the bull run sign for me, the price bitcoin went up from the price $3200 in the beginning of January and now the price has been going up again until reach $8000 at the current time. If it's just correction from the crash sometime ago then I couldn't imagine that the reach $8000 just for a while. I hope this is not just a correction but it's the sign for the bull run because some good news has pupped up and it will make the price continues to high, I only look at the fundamental side.
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May 14, 2019, 10:45:46 AM
 #44

Looks there is no downfall on the prices and it reaching $8000,so it will be good enough to consider that bull run is already started.

There is a downfall for sure, but we don't know yet when it will happen.
It's nice to remain realistic as it's impossible that we will only see one direction movement which is uptrend.
A worse price correction is possible, so let's not get into FOMO this time around.

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May 14, 2019, 11:02:56 AM
 #45

reaching $8000 this is the sign of bull run to me look at the prices of cryptos they were increasing.

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May 14, 2019, 10:28:09 PM
 #46

reaching $8000 this is the sign of bull run to me look at the prices of cryptos they were increasing.

No, the price now was down into $7,900 but there is a good sign for the price to go to $8,000 again, and I hope in a few hours, the price could break the barrier to increase more than $8,100 as before. The up and down of the price still going on without any stop but that will give benefits to us because we will see a good chance to buy bitcoin at a lower price.



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May 14, 2019, 11:17:09 PM
 #47

We can say yes this the start of bull run bec2of big move up of the price. And I think some of  cryptocians are happy and panicking because if this continues rising of the price. But of course we need to be more extra careful and be observer because we know how volatile crypto is. Always observe the price in the market because anytime it will change much better to be ready.

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May 15, 2019, 01:40:15 AM
 #48

When Bitcoin starts to climb like this, I never know if I'm happy or sad. I always think that I could have accumulated a little more. You need to take more care when investing today. 7k seems to be a crucial point and I believe it should go back to the 7200. This could confirm the bull run.
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May 15, 2019, 04:31:02 AM
 #49

We can say yes this the start of bull run bec2of big move up of the price. And I think some of  cryptocians are happy and panicking because if this continues rising of the price. But of course we need to be more extra careful and be observer because we know how volatile crypto is. Always observe the price in the market because anytime it will change much better to be ready.

 We had witnessed how bitcoin's value progress bountifully, even in a gradual way we can indicate that bull trend has totally broke the barrier. Perhaps, bitcoin's value already hit $8k, a good sign of its outgrow will continue to exceed. And hopefully it will grow beyond the desireable peak.
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May 15, 2019, 05:34:59 AM
 #50

Good to see that the crypto currency market is climbing but still it will not guarantee that $7,000 figure is a sign of bull run. Even Bitcoin will reach this figure but still we have lot of things to consider like the corrections and some say that this rise up is just temporary that this is might be a big whales trap so better lets observe more the market movement before we conclude about this bullish run thing.

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May 15, 2019, 05:36:55 AM
 #51

This morning I checked the BTC price with my coffee and I said: "what's going on!" $500 during the night. And I was thinking about @mikeywith Grin
Yet, I prefer to wait a little longer. maybe once we hit $7,500 or $8,000. Which could be tomorrow lol. Since April Bitcoin is doing great during weekends.

it is 8000$ whats now? i assume that you are here for a while and have more experience whats your call? are we in bull run ?

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May 15, 2019, 06:45:17 AM
 #52

This morning I checked the BTC price with my coffee and I said: "what's going on!" $500 during the night. And I was thinking about @mikeywith Grin
Yet, I prefer to wait a little longer. maybe once we hit $7,500 or $8,000. Which could be tomorrow lol. Since April Bitcoin is doing great during weekends.
And the price has exceeded $8k today, of course prices will continue to rise because the uptrend is still happening. occasionally the price might go down, but that is not a problem, take advantage of that opportunity to buy, because the price will definitely go upagain  and the next target is $10k. maybe it will happen at the end of May.  if the uptrend continues to occur in the long term, bullrun is confirmed
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May 15, 2019, 07:05:36 AM
 #53

maybe now we can confirm a bull run at the price of bitcoin. but, I think people will confirm it when the price of bitcoin is at a price of $ 10000. well, for now only bitcoin has a high price increase. speculation each person is always different in this regard.

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May 15, 2019, 07:11:59 AM
 #54

Reaching $7000 didn't really confirm the bull run, reaching $8300 did however and the bullish settlement we are getting everywhere.

I think as long as $6000 holds, which will make it the right shoulder of the 2018 yearly support, then it should confirm we are still in a bull market.

We are also getting more positive fundamentals with all those stores which started to accept Bitcoin which was demonstrated on Monday. I think we should make newer and newer highs everyday for the next few weeks.

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May 15, 2019, 12:06:54 PM
 #55

I don't know I still not dare to consider this as bull run although the rising is good but I think its too fast, and there are no reasons behind this rising which makes me a bit cautious, usually a rising like this could end up with pretty bad correction, hopefully this will trigger big companies to adopt so we can decrease the pullback effect
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May 15, 2019, 01:26:28 PM
 #56

This is possible since price touches 8k and it showing us a good hopes. Once the bitcoin price in the market continues moving up I can say a confirmation of bull run. Morever, this current performance of bitcoin is good so hope more adoption in crypto market for the bull run status.
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May 15, 2019, 06:53:32 PM
 #57

We can't confirm that we're on the bull run period Bitcoin is just still on the process of recovering. It has to go higher before we could confirm that the bull run is really here. However, I belueve that good days are really comming for us since Bitcoin has even reached $8k which is surprising.



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May 16, 2019, 03:33:50 AM
 #58

We can't confirm that we're on the bull run period Bitcoin is just still on the process of recovering. It has to go higher before we could confirm that the bull run is really here. However, I belueve that good days are really comming for us since Bitcoin has even reached $8k which is surprising.
The price achieved is not surprising, but the length of time it was achieved, that's surprising.
Prepare for the pull, possible daw, but don't panic, instead by the dip again as eventually bitcoin will rise because of the bull run.

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May 16, 2019, 07:13:42 AM
 #59

We can't confirm that we're on the bull run period Bitcoin is just still on the process of recovering. It has to go higher before we could confirm that the bull run is really here. However, I belueve that good days are really comming for us since Bitcoin has even reached $8k which is surprising.
The price achieved is not surprising, but the length of time it was achieved, that's surprising.
Prepare for the pull, possible daw, but don't panic, instead by the dip again as eventually bitcoin will rise because of the bull run.
From the time of $5000 spike was when I totally knew that the bulls were present, they only tested the market that first of April to really be sure how people will also respond, I am glad I followed my instinct to invest then, which I stopped following those that were predicting price dumping back to $3500 when it was at $4800.

People who were speculating a very big dump then have now joined in the league of those who are rushing to buy the coin now after they have also fully confirmed that we are now in the bull market, so there is no possibility of ever going back to bear’s price till we finish with this round.
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May 16, 2019, 11:41:09 AM
 #60

There is huge price trend change on the crypto market and the prices almost doubled now from the prices of beginning this year,we almost had $1000 price increase in the last 24 hours alone so can we confirm now that no more bears for now even the corrections?

Any TA experts confirm it. Cheesy
There are still some TA Experts saying that this is not a Bull run, but just a little distraction to lure a lot of people into losing their money (short bull/bull trap). I have not seen anyone say this is a Bull run, so I don't even know if it's a Bull run, I've been on the chart all this while and I'm always checking on it to know if things are going to start going the opposite way, cause I can't afford to take another long term loss. I have already made a little profit, so if the market begins to show signs that there is going to be a drop then I will just withdraw and take a break. But the way I'm seeing it it's likely there's going to be a Bull run.
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May 16, 2019, 11:45:13 AM
 #61

I don't know I still not dare to consider this as bull run although the rising is good but I think its too fast, and there are no reasons behind this rising which makes me a bit cautious, usually a rising like this could end up with pretty bad correction, hopefully this will trigger big companies to adopt so we can decrease the pullback effect
The right mindsets to use is to always have a backup plans, with how the market runs so fast and bring the value to this high, if this is just another
trap investors should have a good assets management so it can lessen the potentials of losing a lots of money and still moving forward whatever
the trend will bring the industry.



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May 17, 2019, 03:59:54 PM
 #62

The bull market has just returned for a long time of dominance of the lower market, so I think that the price of $8000 was an intermediate mark before further growth. Now the market has adjusted a little, but very soon the growth will continue.
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May 17, 2019, 04:06:32 PM
 #63

Ok, it looks like like the price went as high as $8000 when the OP open up this thread. But now a retracement did occur and we are back to the $7000 levels. Of course we all love to have a good run and pushed the price much higher. But this market is very unpredictable, we all know that we have 2 major negative news last couple of weeks but still the market wasn't affected.

But the tables have turn, there is no news that I'm aware of that could have trigger this sell-off. So another wake up call that we can't really say if the price will continue to grow or falter at some point. So let's just wait for this minor correction so settled down in the next days or so.


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May 17, 2019, 04:08:26 PM
 #64

The bull market has just returned for a long time of dominance of the lower market, so I think that the price of $8000 was an intermediate mark before further growth. Now the market has adjusted a little, but very soon the growth will continue.
That will be happening later, and we need to be patient.
All the things we saw this day will replace with the green candle tomorrow and the next days, and there will be a new highest price for bitcoin.
We will reach $8k again, and this correction is trying to prepare for the next big things that might happen in the next week.
We could stay calm to see the market is going down for a little and make preparation.
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May 17, 2019, 05:20:54 PM
 #65

It has reached more than $7000 but it's still crashing down so we can't confirm that it's on its way to bull run. As per my observation, the market has not yet fully recovered from its downfall last year and still trying to soar completely.
There are still things that are yet to come and to happen before the bull run.



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May 17, 2019, 11:39:42 PM
 #66

It has reached more than $7000 but it's still crashing down so we can't confirm that it's on its way to bull run. As per my observation, the market has not yet fully recovered from its downfall last year and still trying to soar completely.
There are still things that are yet to come and to happen before the bull run.
We still have plenty of time to recover, the dip yesterday was a complete correction but this would not be long because IMO this year is destined to be bullish. Bitcoin has been dump a lot of times, but this is a great coin that leads the crypto market, so it's success will be the success of legit alts as well and we have shown the support this year, so let's use that support and believe that we are due for a big change, from bear to bull.

 
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May 18, 2019, 03:57:45 AM
 #67

It has reached more than $7000 but it's still crashing down so we can't confirm that it's on its way to bull run. As per my observation, the market has not yet fully recovered from its downfall last year and still trying to soar completely.
There are still things that are yet to come and to happen before the bull run.
We still have plenty of time to recover, the dip yesterday was a complete correction but this would not be long because IMO this year is destined to be bullish. Bitcoin has been dump a lot of times, but this is a great coin that leads the crypto market, so it's success will be the success of legit alts as well and we have shown the support this year, so let's use that support and believe that we are due for a big change, from bear to bull.

The price is slowly gaining ground in the last couple of hours, it went as low as $7k, but now the price is climbing to $7.3. So yes, this was just a correction and we don't need to panic as this point.

So it this continues, I'm expecting another run at $8k-$8.4 again. So for me, we are still in the bull-run and could push the price around 5 digits at the end of the year.
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May 18, 2019, 04:06:41 PM
 #68

It has reached more than $7000 but it's still crashing down so we can't confirm that it's on its way to bull run. As per my observation, the market has not yet fully recovered from its downfall last year and still trying to soar completely.
There are still things that are yet to come and to happen before the bull run.
We still have plenty of time to recover, the dip yesterday was a complete correction but this would not be long because IMO this year is destined to be bullish. Bitcoin has been dump a lot of times, but this is a great coin that leads the crypto market, so it's success will be the success of legit alts as well and we have shown the support this year, so let's use that support and believe that we are due for a big change, from bear to bull.

The price is slowly gaining ground in the last couple of hours, it went as low as $7k, but now the price is climbing to $7.3. So yes, this was just a correction and we don't need to panic as this point.

So it this continues, I'm expecting another run at $8k-$8.4 again. So for me, we are still in the bull-run and could push the price around 5 digits at the end of the year.

It looks like we will temporarily stuck around $7300 for now as the price is not not moving in the last 24 hours. So this could be the lowest low we will see before we finally had some breakout run again and hopefully push the price above $8k-$10k at least.

Right, we are indeed in this sort of mini bull-run, but the real bull runs is to be expected next year prior or after the block halving, imho.

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May 18, 2019, 04:08:16 PM
 #69

I still think this is temporary and we will seen another pull back
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May 18, 2019, 05:53:19 PM
 #70

We can't confirm that we're on the bull run period Bitcoin is just still on the process of recovering. It has to go higher before we could confirm that the bull run is really here. However, I belueve that good days are really comming for us since Bitcoin has even reached $8k which is surprising.
The price achieved is not surprising, but the length of time it was achieved, that's surprising.
Prepare for the pull, possible daw, but don't panic, instead by the dip again as eventually bitcoin will rise because of the bull run.
Hahah, I really need to know the point at which we will be okay to satisfy this movement as bull run, because you have said again that we should prepare for the bull run, we have several times we have been confirming bull run, I am sure by the time we get to $9000, some people will still say they are waiting to confirm bull run, I just need to know the exact definition of bull run, not the one different people are busy confirming and nonconforming bull run at every value they see.

To me, I fee bull run is when we started seeing abnormal increase in the price of bitcoin, which started from April because prior to April, we have been very slow in climbing the bitcoin bullish step.

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May 19, 2019, 07:09:31 AM
 #71

I still think this is temporary and we will seen another pull back
Possibly, the market has been very unpredictable, despite the bullish movement now, we still cannot disregard this possibility.
However, it seems like we had a pull back a day before and price movement now is recovery going up again, glad we are stable at $7,000 and then seeing some rise today. I'm enjoying it, and I won't worry if it will dump again as I just say it's capable of rising.
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May 20, 2019, 04:46:41 AM
 #72

The price of the bitcoin is now above $8000 but I notice that the uptrend this year is slower compared to the bullrun in 2017. The present price might slide into correction before reaching another level, the $9000. Cryptocurrencies are unpredictable so nobody know exactly if these present price rally will lead to another all-time high. Bullrun is still possible but not because it reached $7000, it because of some positive developments that may help boost the price of the bitcoin further.
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May 20, 2019, 05:19:17 AM
 #73

No need  .  The bull run did already happen when bitcoin reaches 5-6k usd but now the value is over 7kusd and its heading to 8-9kusd soon . This bull run thingy is only based ony own price goals but idk if other users have a higher standards and they still dont consider the current price as an official bull run  .

I notice that the uptrend this year is slower compared to the bullrun in 2017.

No meyt the uptrend this year is i think more faster compare on the year 2017 because on the first and second quarter we witnessed that bitcoin is increasing actively while on the year 2017 bitcoins price started to increase and pump on the mid 3rd and last quarter   .
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May 29, 2019, 12:43:49 PM
 #74

Yes this is a bull run indeed but is far away from what was on bull run on 2017 and i think we need to wait a way more until we can have a strong bull run and a new ATH for bitcoin.

 
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May 30, 2019, 06:41:06 AM
 #75

It seems like the bull run sign for me, the price bitcoin went up from the price $3200 in the beginning of January and now the price has been going up again until reach $8000 at the current time. If it's just correction from the crash sometime ago then I couldn't imagine that the reach $8000 just for a while. I hope this is not just a correction but it's the sign for the bull run because some good news has pupped up and it will make the price continues to high, I only look at the fundamental side.
Its confirm now, as we compare on few months ago, the price is been just only not more than $4k, so as the days come its so fast to increase until now, so we can say that the bear market is actually done. I believe the bull run is still continue until the end of this year.
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May 30, 2019, 07:39:47 AM
 #76

It seems like the bull run sign for me, the price bitcoin went up from the price $3200 in the beginning of January and now the price has been going up again until reach $8000 at the current time. If it's just correction from the crash sometime ago then I couldn't imagine that the reach $8000 just for a while. I hope this is not just a correction but it's the sign for the bull run because some good news has pupped up and it will make the price continues to high, I only look at the fundamental side.
Its confirm now, as we compare on few months ago, the price is been just only not more than $4k, so as the days come its so fast to increase until now, so we can say that the bear market is actually done. I believe the bull run is still continue until the end of this year.
Its a bull run, no doubt in that. I just doubt its a bull run we all have been waiting for, this rise will stop soon and we will see a decline, probably. Bull run that will takes as to new all times high will happen next year, or the one after the next one. Its too early now, i`m thinking that for some time, too early, price can surprise us I know, but I feel its too early for new all times high.

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May 30, 2019, 07:42:45 AM
 #77

There is huge price trend change on the crypto market and the prices almost doubled now from the prices of beginning this year,we almost had $1000 price increase in the last 24 hours alone so can we confirm now that no more bears for now even the corrections?

Any TA experts confirm it. Cheesy
The bull run was confirmed when bitcoin crossed $4250 because that complete the $3190 and $4150 channels and many of us has said here that the bullish trend has commenced though we were reprove by those that did not know how this market works and what do trigger the reversal direction. Currently billions is above $8700 and this a little point of rest and very soon maybe before end of this week the next strong push towards $10,000 will begin.
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