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Wysi
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October 07, 2019, 08:29:00 AM
 #41

i remember the bull run of last year where price rose much everyone should avoid despair because of this 10 or 20 percent even 30 percent
i hope another small bull run help price to level 8600-----9000 for continuation of hope for all investor bitcoin
bull run can restart again at any moment . bull run is like train ;its lesson of the past



Now we dont think it's called bullrun anymore and i feel price correction will be the right term to use as we have not seen any sudden pump or dump in last couple of months as it's been gradual so far wherein the price drops slowly and increase slowly as well unlike past where you see the difference of 20 or 30% everyday. Bitcoin will not be struck at same price forever that's true but neither it will pump or dump radiply. BTW I am a wellwisher for Bitcoin.

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October 07, 2019, 01:19:08 PM
 #42


So how the real full bull run Will look like?  Daily Weekly Monthly?
lol theres no such thing as "Full Bullrun" where did you get that word,bull will run accordingly and theres no slow and fast run .
Quote
Everybody buying bitcoins but despite this we are not at bull run zone?
 
who is that everybody?it seems that you are mentioning all cryptonians to be a bitcoiner?nope because there are still in despair of altcoins even how fall the alts are so never generalized
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October 07, 2019, 04:42:35 PM
 #43

There were lots of predictions roaming around since 2018 but no one really knows when the bull run would approach us. Even technical analysis and signals have predicted that the bull run is approaching yet none of it happened. Last 2017, the bull run was really surprising. The price has reached its best value unexpectedly. I'm sure that the same thing would happen again. Bitcoin's price is always surprising and unpredictable so we must be ready for any unexpected changes that might happen.
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October 07, 2019, 06:21:38 PM
 #44

Even technical analysis and signals have predicted that the bull run is approaching yet none of it happened.
That's not true. Technical analysis is quite neutral if applied without a bias to favor your own position. In 2018 the charts clearly pointed out how bearish the market actually was, but noobs as usual disregarded that.

The first sign of a bull market happened this year where the price broke through various resistance levels, including $6k, which was indicating that the trend has reversed from bearish to bullish. The price action afterwards confirmed that.

People always expect a bull run to happen, regardless of how much we have seen the price go up or down before. It was like a week or two after the 2017 peak where people started to speculate about $50k before the end of the year.

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October 07, 2019, 10:59:25 PM
 #45

TA will only show possible paths not certainty, it just improves chances a bit and is helpful in guaging market moves beyond purely emotional responses.   Here is 1 chart possibility:



We have the 200 day average on the yellow line which is a fair estimate for near term recovery.   If we can get past the 200 day then its quite bullish but for the moment I dont think we exceed the 9500 area before speculators take profits again and we must spend time revising price.   These moves come in waves and the regular show of highs and lows gives some idea of the mood up or down I think.
   Just by the recent history, we can see the 200DMA capped aspirations higher, its not unreasonable to observe that history in what we can expect next.

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October 07, 2019, 11:52:06 PM
Last edit: October 08, 2019, 12:09:34 AM by TriplexXx
 #46

I don't think this is a real market bull run because recently we noticed many short-term pumps and dumps in the market. only the time will tell whether this is an artificial pump by the whales or the real market bull run. 
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October 08, 2019, 01:04:06 AM
 #47

Bitcoin bull run, how we Know its a bull run?

If the usdt minted usdt to buy bitcoins Everybody was confident its a bull run but it was bull trap!



So how the real full bull run Will look like?  Daily Weekly Monthly?
Everybody buying bitcoins but despite this we are not at bull run zone?

Now its a question how is the Bitcoin Price is exacly determined? 

Are we not bull run coz People buy bitcoins otc method?

you can determine if it's a bullrun once the pumps is consecutive despite of the small fluctuation what i mean it gradually increasing . As the matter of fact you can easily determine it also using the chart.  So dont forget to monitor the chart how bull run look like wherein to don't miss the opportunity to buy early. Dont rely on others speculation because it's not worth it    remember that! make your own research instead to avoid regrets..
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October 09, 2019, 07:37:07 AM
 #48

Even technical analysis and signals have predicted that the bull run is approaching yet none of it happened.
That's not true. Technical analysis is quite neutral if applied without a bias to favor your own position. In 2018 the charts clearly pointed out how bearish the market actually was, but noobs as usual disregarded that.

The first sign of a bull market happened this year where the price broke through various resistance levels, including $6k, which was indicating that the trend has reversed from bearish to bullish. The price action afterwards confirmed that.

People always expect a bull run to happen, regardless of how much we have seen the price go up or down before. It was like a week or two after the 2017 peak where people started to speculate about $50k before the end of the year.

people who are doing that are not using technical analysis. they are drawing random lines to create an illusion of them using TA so that their wishes look more like reality and in most cases they hope to get others to follow their wished direction.
for example nowadays even though there is no indication of a downtrend apart from the one time drop that we had more than 2 weeks ago, a lot of these so called TA posters are drawing lines aiming for lower prices such as $3k!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
Pearls Before Swine
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October 09, 2019, 06:03:24 PM
 #49

You might want to google the definition of 'bull market' and I'm certain you'll get a good answer.  The textbook definition as far as I remember is when an investment, usually a stock, increases in value by 20% over the course of a year.  A decrease by 20% is a bear market.  I have heard a lot of debate on the term, and I dont think everyone is in agreement on it.  It's kind of a gray zone thing.

Now its a question how is the Bitcoin Price is exacly determined? 
That's a different question entirely.  The thing that determines the price of bitcoin is the buying and selling of it on exchanges.  When buying increases, generally so does the price because then the buying gets deeper and deeper into the selling order queue.  That also holds true for the stock market and pretty much everything else.
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October 09, 2019, 11:35:22 PM
 #50

We may have different interpretation of bull run but what I've witness during last december 2017 and January 2018 are the best moment in the crypto space and I call it a bull run. For almost 2 years now, I haven't seen that kind of scenario again but I'm still bullish for long term and very optimistic soon we will again witness that.
the red line is that bull run can be said to be a condition that makes cryptocurrency prices go up high. besides, the bull run can also be caused by people's needs regarding cryptocurrency. it happened in the 2017 switch to 2018. In addition, the bull run also took place for bitcoin this year in June, the price of bitcoin reached $ 11k.

however, to determine the price of bitcoin is quite difficult, because prices always go up and down. so, there is no exact price to determine what the actual price of bitcoin is if it is in the long run. we can only determine the price of bitcoin in a short time.

We can't completely tell but we can feel on ourselves if what we see is already a bull run or not, I mean we have our own judgement and we know when it has already come or not based on our experience in the past. Most probably our basis is only the trend, and if we don't see it, we might not be able to believe but this market is really unpredictable but we should not mind the significant up and down and just hold until FOMO will happen again.

FOMO, IMO is one of the big reason of the bull run, and that time price could be overvalued so its our chance to sell our holdings especially for altcoins that is very cheap and undervalued at the moment.
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October 10, 2019, 06:20:43 PM
 #51

I don't think this is a real market bull run because recently we noticed many short-term pumps and dumps in the market.

I'm trying to decide if it will break the 200 DMA but so far its acting very closely just below that line.   This actually makes me think we will cross over and market is just accumulating orders and strength in order to do so.
  The best solution might be to look at 2 day and 8 day averages and some of the volume for an indication of the time if not the success of an attempt to cross this well watched 200 day average.


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October 10, 2019, 09:01:05 PM
 #52

Even technical analysis and signals have predicted that the bull run is approaching yet none of it happened.
That's not true. Technical analysis is quite neutral if applied without a bias to favor your own position. In 2018 the charts clearly pointed out how bearish the market actually was, but noobs as usual disregarded that.

The first sign of a bull market happened this year where the price broke through various resistance levels, including $6k, which was indicating that the trend has reversed from bearish to bullish. The price action afterwards confirmed that.

People always expect a bull run to happen, regardless of how much we have seen the price go up or down before. It was like a week or two after the 2017 peak where people started to speculate about $50k before the end of the year.

people who are doing that are not using technical analysis. they are drawing random lines to create an illusion of them using TA so that their wishes look more like reality and in most cases they hope to get others to follow their wished direction.
for example nowadays even though there is no indication of a downtrend apart from the one time drop that we had more than 2 weeks ago, a lot of these so called TA posters are drawing lines aiming for lower prices such as $3k!
I think there is nothing bad if people are making their own lines about the price graph. Different people carried different thinking so they work according to that price movement. For now, only positive thinking will make price what we have dream to see and what a coin like bitcoin has the ability to do. Fall and rise only are temporarily but finally, we will have what we do for making the market high.
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October 11, 2019, 02:49:06 AM
 #53

Bitcoin bull run, how we Know its a bull run?

If the usdt minted usdt to buy bitcoins Everybody was confident its a bull run but it was bull trap!



So how the real full bull run Will look like?  Daily Weekly Monthly?
Everybody buying bitcoins but despite this we are not at bull run zone?

Now its a question how is the Bitcoin Price is exacly determined? 

Are we not bull run coz People buy bitcoins otc method?

No one can predict when the bull run come as we all know many are expecting to that bull run. And also we did not determined the price of bitcoin because is every hour every minute price of bitcoin getting high and low. So no one can determined the price sir.
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October 11, 2019, 03:20:22 AM
 #54


We can't completely tell but we can feel on ourselves if what we see is already a bull run or not, I mean we have our own judgement and we know when it has already come or not based on our experience in the past. Most probably our basis is only the trend, and if we don't see it, we might not be able to believe but this market is really unpredictable but we should not mind the significant up and down and just hold until FOMO will happen again.

FOMO, IMO is one of the big reason of the bull run, and that time price could be overvalued so its our chance to sell our holdings especially for altcoins that is very cheap and undervalued at the moment.

As for this, we do have our own versions of interpreting the market movement. Those early birds from this market who able to bought bitcoin lower than $1K still considering that the current situations define as bull, while for those who bought from the peak of $20k surely wouldn't agree. Same with your
opinion, it's the holders personal appreciation of  market movements. Together with FOMO, it leads the way to spark the bull to try reaching ATH.

You can use past movements for your reference in defining the market conditions.

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October 11, 2019, 05:37:34 AM
 #55

FOMO, IMO is one of the big reason of the bull run, and that time price could be overvalued so its our chance to sell our holdings especially for altcoins that is very cheap and undervalued at the moment.

i disagree. FOMO has never been the "reason" for any bull run. FOMO is only a temporary panic mode among a short percentage of the investors that are making irrational hasty decisions that causes a short term spike in price. it is the same as panic sellers that cause a short term drop. they are not the reason for bear market same as FOMO buyers aren't the reason for bull market. they are the reason for higher volatility.
the reason for a bull market is always fresh money coming in and increase of adoption.

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