Bitcoin is Preparing For the Bull Run After the 4% Surge

[Joshonwill]

Bitcoin has effectively figured out how to hold a large portion of its obtained additions when the day's exchanging began, be that as it may, Bears came into difficulty with the increase when Bitcoin plunged down to the $8571.50 mark subsequent to breaking the help at $9000.This run initiated long liquidations to the whole of $31 Million. This invited back unpredictability of Bitcoin which was accused as the reason for the loss of about $89.06 Million for the merchants during this unexpected swing.

News Source: TheCoinRepublic

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[Tipstar]

Bitcoin has effectively figured out how to hold a large portion of its obtained additions when the day's exchanging began, be that as it may, Bears came into difficulty with the increase when Bitcoin plunged down to the $8571.50 mark subsequent to breaking the help at $9000.This run initiated long liquidations to the whole of $31 Million. This invited back unpredictability of Bitcoin which was accused as the reason for the loss of about $89.06 Million for the merchants during this unexpected swing.

News Source: TheCoinRepublic

Bitcoin is daily having a ~4% rise and fall in price. And today's price is quite similar to what was a 5 months ago and a 3 fortnights ago.
Bitcoin has an unstable price. People may argue or analyse it in many way but no one can be right everytime and the ones are right mostly due to luck.

[7788bitcoin]

Bitcoin is daily having a ~4% rise and fall in price. And today's price is quite similar to what was a 5 months ago and a 3 fortnights ago.
Bitcoin has an unstable price. People may argue or analyse it in many way but no one can be right everytime and the ones are right mostly due to luck.

I am not following your ~4% rise and fall on a daily basis, there was literally not much movement in price for the past two days and today i barely moved 1%, generally if there is a movement in price we would see a change and that is common in this market but now a days we are seeing stable price too which is not strange either considering the market is getting some maturity with time.

[yoseph]

The value of Bitcoins has been Topsy turvy this past few weeks, losing ground and and then recovering it a bit to $9000 before the weekend was over. I also believe that this signals resilience and hopefully from this resilience we hopefully will go on a bull run so Y'all start saving your bitcoins.

[Kprawn]

I see it differently. The latest price trend seems to be a long period of almost zero volatility and then a sharp drop in the price. After the sharp drop

in the price it will recover slowly over a period of a couple of weeks and then it goes back to the long period without volatility. This trend seems to

repeat it self over time and you can almost predict when the next phase will start. I am not saying that it will go on like this forever, because Bitcoin

throws a spanner in the works when you least expect it. 

[Kasabus]

It wasn't surprising at all, the market move in a different direction all the time. If we take a look deeply at its changes since last month we can see that prices aren't moving fast. Though fluctuations seem to be rough and rude but not it moves straight down nor to keep moving higher.

If bull run never shows today it doesn't mean that we no longer experience it anymore. The moment will come for sure and it surely surprises us, it may be we say next year cause it looks less possible to happen this year.

[coin-investor]

Bitcoin has effectively figured out how to hold a large portion of its obtained additions when the day's exchanging began, be that as it may, Bears came into difficulty with the increase when Bitcoin plunged down to the $8571.50 mark subsequent to breaking the help at $9000.This run initiated long liquidations to the whole of $31 Million. This invited back unpredictability of Bitcoin which was accused as the reason for the loss of about $89.06 Million for the merchants during this unexpected swing.

News Source: TheCoinRepublic

It's like an ongoing cycle people are analyzing every movement of the market and very quick to speculate I don't see big movement of the price and even if the price is moving up, it will go down again within days, the only positive sign I am seeing in the market, is the volatility is going down, people are not very worried when the price is down, because it will eventually go up, and if the price goes up, people are not very sure that it will stay that way.

[chaoscoinz]

Bitcoin has effectively figured out how to hold a large portion of its obtained additions when the day's exchanging began, be that as it may, Bears came into difficulty with the increase when Bitcoin plunged down to the $8571.50 mark subsequent to breaking the help at $9000.This run initiated long liquidations to the whole of $31 Million. This invited back unpredictability of Bitcoin which was accused as the reason for the loss of about $89.06 Million for the merchants during this unexpected swing.

News Source: TheCoinRepublic

I don't know exactly, but it does feel like it is almost a sure thing. The price seems to have a steady incline, not an inflated bubble like last time which reached record highs of $20,000. The market seems to be recovering from that fall, correcting itself. This year has been a stressful regulatory year. All of those submissions made by big investment firms and still no Bitcoin ETF approvals yet? Only time will tell though, can't be too sure about analytics all the time.

[Pffrt]

This is common for the last couple of months and I don't see anything bullish here. No significant changes happened as well. I think we are far away of a bull run, may be in the next year right before the halving happen. Otherwise, I can't see a bull run.

[joinfree]

The bull run of bitcoin seems to be dawning on us every moment in time and though this analysis seems quite solid the pivot of bitcoin's bull run lies largely on the bitcoin block halving reward which comes up next year in May. Hence the more reason why you need to fill your bags with some good amount of bitcoins before this bull run.

[kryptqnick]

Considering how volatile Bitcoin can be, I think that it does not make sense to pay attention to small things like a 5% drop or a 5% rise. If it's below 10%, there might be no reason for that change, it might be a random thing happening because a bit more or a bit less trading is going on. And I don't see anything convincing in the article regarding a bull run, really. Bitcoin might rise of fall, it depends on what crypto-related stuff will happen and get a lot of public attention. So predicting the moves is hard when we are don't have any events which are very likely to affect the outcome.

[teosanru]

Bitcoin has effectively figured out how to hold a large portion of its obtained additions when the day's exchanging began, be that as it may, Bears came into difficulty with the increase when Bitcoin plunged down to the $8571.50 mark subsequent to breaking the help at $9000.This run initiated long liquidations to the whole of $31 Million. This invited back unpredictability of Bitcoin which was accused as the reason for the loss of about $89.06 Million for the merchants during this unexpected swing.

News Source: TheCoinRepublic

Chill out bro. I think people are just too interested in predicting bull run and bear run that they don't take advantages of such small deviations. Bitcoin is so volatile that there is 4-5% surge each day and a similar fall too can be seen everyday. moreover remember a few weeks back price plunged from 7k to 10k wasn't that a clear indication of bull run? And yet price returned back to 9k. All these are just baseless speculations that are really nothing to do with reality.

[DoublerHunter]

~snip~

Chill out bro. I think people are just too interested in predicting bull run and bear run that they don't take advantages of such small deviations. Bitcoin is so volatile that there is 4-5% surge each day and a similar fall too can be seen everyday. moreover remember a few weeks back price plunged from 7k to 10k wasn't that a clear indication of bull run? And yet price returned back to 9k. All these are just baseless speculations that are really nothing to do with reality.

^ Definitely right, just relax. That is a normal movement of Bitcoin because of being volatility and there is a fluctuation. We can still be considered bitcoin price is unpredictable and no one knows what is really happen. Don't look at the chart every now and then, it makes you become stressful. I just prefer a long time holding and probably there's good news waiting regarding the price by next year when the next halving has come. We all expect that Bitcoin will surge in the market soon. Nevertheless, strong hand will always a high chance of earning compared to the weak one.