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Author Topic: Reaching $7000 so can we confirm the bull run?  (Read 860 times)
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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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