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Author Topic: Bitcoin is officially about to enter bull market, guys your thoughts...  (Read 770 times)
mahilchii (OP)
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January 28, 2020, 11:29:12 AM
 #1

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

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January 28, 2020, 05:02:18 PM
 #2

i don't consider short term ups and downs as bull or bear market so i disagree with saying "bitcoin entered bull market" because bitcoin entered bull market a year ago when it first broke the $4k resistance and a big freak out aka FOMO occurred, we have been experiencing the bull market ever since that day which ended with more than a 250% rise. this is just the continuation where both the speed and size of the rises on each step increases.

There is a FOMO brewing...
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January 28, 2020, 05:30:33 PM
 #3

The crypto environment quite positive at this moment, and with the recent growth, from now Bitcoin may have bull run even before the halving. Now, what is your measurement of Bitcoin bull run? To me, it's not 19K USD like 2017, if Bitcoin price cross 10K then I would call that 50% bull run and if it cross 15K USD then that will be the full bull run to me, and I feel Bitcoin is gonna hit that mark very soon.

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January 28, 2020, 08:26:07 PM
 #4

Quote from: mahilchii
Bitcoin is officially about to enter bull market

Is a bold statement, i assume you're new to bitcoin. I'm joking, but the only thing that's obvious in bitcoin is that the price swings and bull or bear markets are never assumed.

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/

This article doesn't claim we've entered a bull market. And yeah, halving have produced bull runs, and every single time the price has fallen back by 80% or so. Is that a bull run worth celebrating? Nah. Because of those pull backs one could theorize that the market realized the error in its enthusiasm and maybe the market won't so generous at all following this year's halving event.

The only bull run event worth celebrating are endorsements of big companies for the use of Bitcoin.
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January 28, 2020, 08:38:02 PM
 #5

I still consider the space unpredictable but the space sentiment is positive which is good for new investors, startups and altcoins. It could start a new course as we have a build up into the next rally. We still cant predict the time and response of the larger enthusiast in cryptocurrency. I am still watching the market as the halving approaches and how fund will get back to the crypto.

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January 28, 2020, 08:43:27 PM
 #6

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market.

There are always positive lines that might lead to a positive trend.

You will always see lines like that even on the bearish trend. But even there are signals and indicators that will tell us where should the price will go, it is still not 100% accurate.

Guys kindly share your thoughts are we nearing to the bull run???

You might just expect. Our thoughts are nothing. Believed in your own thoughts.
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January 28, 2020, 08:49:07 PM
 #7

Same thughts were expressed a few weeks ago when similar movements weere recorded for bitcoin. I don't want to burst anyone's bubble but it has to be more than just a short stint of price appreciation for us to consider that it is indeed going through a bull market.

We have very loose and vague definitions of the term 'bull market' that we almost always apply it to everything that doesn't need its application, just like the current price movements. It's 2020, and perhaps it's just fitting that we stop exaggerating every little fluctuations the market is having.

Of course, I hope I could be proven wrong and we are indeed n a bull market of indefinite proportions. That would always be nice.

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January 28, 2020, 09:10:23 PM
 #8

We did saw a bull run last year and I don't know why people think that we're still in a bear market. It wasn't enough to say that we're totally out of it? we have reached a high last year and right now, it's triggering to get into another high. My thoughts on this, whether you believe we're out or not, it's best for you to prepare your stacks for bitcoin and don't let yourself be caught off guard whenever there's a plummet. It's very typical to hear that bitcoin is out of bear when we see high and when it plummets, many will say that it's on bear.



 

 

 

 

 

 


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January 28, 2020, 10:06:30 PM
 #9

While getting bullish on BTC sounds really interesting, let me throw a fact here that you should also not forget that the value is now big and to move the markets, it needs more and more money coming in as well as you can see now that the accumulation phase looks like it has come to an end, so some investors will also book some profits to fetch out USD from the markets at $9500-$10k stops. Watch out these levels and if defended by bulls strongly, we can say that we are in for a big bull rally where BTC will go paranoid.

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January 28, 2020, 10:49:42 PM
 #10

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/
The waves showing in the chart does proof to be a positive trend but i want you to understand you can rely or totally believe in every prediction/chart waves not to even mention article posted these days because a single whale can change market directions. Mind you, there are some market trend that cant be find or proof using chart.

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January 28, 2020, 11:34:59 PM
 #11

I mistakenly made proclamations like this last October, and it came back to bite me in the ass:



Let it happen first. Once the market finally puts in the first higher high in 7 months, we can call it "official." I'm currently very bullish but I'm leaving open a slight possibility for another lower high failure (sub-$10,350) like last August, September, and October.

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January 28, 2020, 11:59:29 PM
 #12

Happy to see its performances and its quiet impressive likely to break $10k mark soon. We hope this is the beginning of a solid rise. But always stay cautious, you know how the market works it causes pain in short term always.
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January 29, 2020, 12:55:51 AM
 #13

Happy to see its performances and its quiet impressive likely to break $10k mark soon. We hope this is the beginning of a solid rise. But always stay cautious, you know how the market works it causes pain in short term always.
Yes, it is estimated that reaching $ 10,000 will soon be realized and the current increase in bitcoin will make everyone feel happy and hope to continue to improve.
this year the movement of bitcoin tends to go up and although there are some declines returning from previous prices, I hope bitcoin continues to move up to reach the highest price.

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January 29, 2020, 02:49:51 AM
 #14

When there is a dump we call it a correction.
Why don't we call this as the same thing.
In August we saw bitcoin going to a mark that we didn't even think could happen again. $14k.

So it could be that the price of bitcoin is just going back to where it is supposed to be.
After that, we can call it a bull run.

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January 29, 2020, 03:10:12 AM
 #15

This is what I've been saying about the halving. We are so close to the halving right now that it is going to influence the price and begin a bull run.  I think the price will still show a gradual increase for a while and then next year do a more vertical increase as FOMO kicks in.

 
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January 29, 2020, 03:41:20 AM
 #16

still traumatized by the bull trap last week haha
many people say that bitcoin has entered the bull market but suddenly the price dropped again. I will agree with word "bull" if bitcoin is already more than 10k usd (this is my point of view) and also from what I see in the whale-alert.io it seems that there are many bitcoin transfer transactions in large numbers between markets. I hope this time is a real bull signal and no more traps.

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January 29, 2020, 03:48:56 AM
 #17

If bull run come, what is on my mind is i will believe it. But not means i am keep buying bitcoin, just will holding my bitcoin for longer time until it is really come, highest price that it can reach. Maybe when price started to stable in high price and more likely to dumped again that is my time to sell mine.

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January 29, 2020, 04:23:37 AM
 #18

I agree with the above statement only and only if we close above $9500 or best yet $10000 and we stay above that figure for the next few weeks. Because when we broke $7800 earlier it might of been a bull trap like we had in 2018 a few times.

So I am waiting for the 9500-10000 area to get engulfed and then I will conclude that we are in the bull-market stages and we might hit $13800 later this year and then if we break the $13800 area then we might go for the all time high of $20000. And if the $20000 area breaks then we can quickly go to $25K+ and its sky is the limit from there.

Hopefully we get a positive weekly close candle.

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January 29, 2020, 06:01:33 AM
 #19

a better assessment would be that bitcoin is gaining momentum again. otherwise you could simply consider this current market to be a bull market as the price zero tendency to go down and it has been rising so far in the past couple of months currently residing in $9k range which is great.
with momentum getting stronger we can also start seeing bigger rises and there is a very high chance that as we get closer to the $10k mark with its psychological barrier we can see a sudden burst of price as people rush back in to buy more bitcoin while dumping altcoins and pulling their money out from elsewhere.

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January 29, 2020, 12:26:29 PM
 #20

I went through this article and this looks quite interesting one, look at the waves for me it looks like there is a positive trend. Hopefully after two years Bitcoin seems to enter bull market. Guys kindly share your thoughts are we nearing to the bull run???

https://www.newsbtc.com/2020/01/27/bitcoin-is-officially-about-to-enter-a-bull-market/amp/
It might be considered but it won't be just enough to say that we are entering into the bull market. If the market rallying the same before halving is done, we can conclude that we are already been set to Bullish. But what I've noticed now, we are still far from Bullrun. I may not be saying we can't or no chances as I also thinking positive but Bullrun can't be undone is short pumps, we need to see a strong market resistance and it looks like we're not.

Bullrun could arrive at any moment and at the right time for sure. Though the market looks positively to give good news this year but then, it was too early to tell that we are in the bullish already.



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