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Author Topic: Return of the bull?  (Read 758 times)
boltz
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January 19, 2020, 05:03:55 PM
 #101

Its still to early to speak about a new bull run when we can't even touch the 10k$ range for now so lets be real and admit that a new bull run will not come until halv happens and it will not occur until some months will pass after halv so my opinion would be that bull run will begin in q4 of 2020 and on going for all 2021. We still have 1 more year to accumulate so work hard and gather cryptos.

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January 19, 2020, 05:13:19 PM
 #102

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.
Right now bitcoin silently push down with lower price without any expectation before with bitcoin will going down, not one can believe with bitcoin back with lower price just few hour after several days bitcoin back to higher price from $7,600 become $9,140  and now down with $8,200 and we don't know is correction of bitcoin or not.

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cryptoangel
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January 19, 2020, 05:51:54 PM
 #103

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.
Right now bitcoin silently push down with lower price without any expectation before with bitcoin will going down, not one can believe with bitcoin back with lower price just few hour after several days bitcoin back to higher price from $7,600 become $9,140  and now down with $8,200 and we don't know is correction of bitcoin or not.
Bitcoin is a forever trusted cryptocurrency so the current dump is not a big issue on further days. Because Bitcoin is a volatile cryptocurrency so it will move backward or forward at anytime. The recent days was growing well so some huge investors are move to stable platform so some fluctuation will occur at shortly. I hope again it will start the rise on further days.

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January 19, 2020, 06:42:07 PM
 #104

Well in last half of the year the price started fluctuating at last, which is good sign of some economic activity. For all unbelievers there was 100% price gain in last 1/2 year

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January 19, 2020, 08:52:59 PM
 #105

This reminds me of a dynamic in animal behaviour where before an animal attacks they will first bluff the charge before commiting to a fight and possible injury.   I dont think this is yet a Bitcoin bull run, more of a bluff charge that could proceed the more bullish action later.    
   We'll have to see but the lows established in the last few hours I'll be watching as a tide line for direction we take next, at least short term say 8 days or so.

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January 19, 2020, 09:04:01 PM
 #106

Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.
Right now bitcoin silently push down with lower price without any expectation before with bitcoin will going down, not one can believe with bitcoin back with lower price just few hour after several days bitcoin back to higher price from $7,600 become $9,140  and now down with $8,200 and we don't know is correction of bitcoin or not.

Probably just another correction, we have seen this behaviour in the past so I'm not really concern about it. I think the bulls is still in the market, it's that they are just taking their profits. It is start of the week again and I'm sure people are going to start investing again because we are in a correction. The price is $8600 still good in my opinion, if it falls down below $8k then its going to be alarming. Nevertheless, I'm still positive that we can go back to $9k again.

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January 19, 2020, 09:08:53 PM
 #107

I've read some TA is this community that predicts an $9+++ run and after that, the price will slowly go down and make a correction.

So I'm expecting the market to correct itself along the way this month of January and then started to make a run again and push to $9k and at least stay there and make it sustainable. This is how the market really works, mini bull run, follow by minor correction. Bulls are here no doubt about that. But it will be a hard fought with the bears. And as traders, you need to go with the flow and adjust your trading strategy based on the current sentiments.
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January 20, 2020, 04:29:53 PM
 #108

Actually the news of halving bitcoin this year might be one source of why bitcoin is now rising slowly again, it shows the higher demand for bitcoin, so prices can surge unexpectedly so quickly. Because indeed every dump and pump sometimes always comes without the right prediction. So just enjoy this increase while waiting for halving later.

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January 21, 2020, 03:54:53 PM
 #109

Actually the news of halving bitcoin this year might be one source of why bitcoin is now rising slowly again, it shows the higher demand for bitcoin, so prices can surge unexpectedly so quickly. Because indeed every dump and pump sometimes always come without the right prediction. So just enjoy this increase while waiting for halving later.
Well, it something we need to wait for it and let us see how this halving helps for the recurring market gains. The market still shaking up and low, and the people are also in question if we run through the most awaited event or just struggling with the bearish one.

Pretty much that we are not hopeless this time and it triggers more when hearing halving will launch. There is a huge hope for crypto this and it hopes that it all be granted.

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