Quidat
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May 02, 2020, 11:58:23 PM |
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How fast people forget about the past! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks. People should think of that and watching off charts on what just happened before and we are indeed 9k wayback before we dip down back in 3k price and as said we have just go back on where we before.Also, having this percentage increase doesnt signify that we are already on a bull run. If price would break that 10k mark then i do somewhat convince myself that we might already be on that bull run but nothing is assured in talks of future prices since its always unpredictable since from the beginning.
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Kemarit
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May 03, 2020, 01:52:36 AM |
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How fast people forget about the past! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks. Technically you're right, bull run could be defined as sustain rise in price in an extended period. Currently we are just seeing a minor run, but the thing is that the market is well alive after the corona virus scare and that is a good sign for us. Again, in the last 24 hours, the price seems to gather another momentum and pushing the price above $9000 again. And this gets more exciting as we approaches halving in less than 10 days. I guess in the next coming days, we will see threads about the price breaking five digits, LOL.
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BlackFor3st
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May 03, 2020, 04:36:49 AM |
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hi guys,
just got the notification that BTC got pumped to 9k. I saw a lot of liquidations on Bitmex alert. from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon. This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.
What are your thoughts guys? Will we see the 12-15k$ in early next month?
This halving is very crucial because the chances that we can trigger the bull is still 50/50 even if the market right now is starting to grow. There is still a chance that the market will crumble after the bull run but if the market will continue to increase after the halving then we can say that the bull season has been triggered. Let's just think positive because we can surely create a new ATH this year 2020 if the bull season the same with XRP price as everything will surely to follow once we will be in the bull season.
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Twinkledoe
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May 03, 2020, 04:42:50 AM |
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How fast people forget about the past! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks. Technically you're right, bull run could be defined as sustain rise in price in an extended period. Currently we are just seeing a minor run, but the thing is that the market is well alive after the corona virus scare and that is a good sign for us. Again, in the last 24 hours, the price seems to gather another momentum and pushing the price above $9000 again. And this gets more exciting as we approaches halving in less than 10 days. I guess in the next coming days, we will see threads about the price breaking five digits, LOL. This is really good news as even if we are still in the pandemic crisis, bitcoin is trying to go up. We will know if we will continue this positive rise even after the halving. But I have the impression that we will even reach the 10k mark before this halving. So this is actually good for those who want to trade bitcoin in short term, as you can already get profit from this upcoming event in bitcoin.
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Free1bitco.in
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May 03, 2020, 04:48:15 AM |
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Bitcoin broke $ 9000 2 days ago, and now the price is back below $ 9000, strong resistance at $ 9000 must be overcome now, if not the price can return to $ 7000, hopefully bitcoin will start bullish this year
Yes, the change happened fast. Bitcoin price broke 9000$ rather fast but it also pulled back quite fast. And we have to know that not every price rise is considered as bull run so it's not good to run with conclusions and especialy not to make decisions based on that. Bitcoin price will rise again but at the moment I don't expect to see bull run and meanwhile corrections are possible too, don't forget that. as you said, when the price of bitcoin goes down, the price of bitcoin goes up again, and currently stands at $ 9,000. however, it seems that this increase will stay in the range of $ 9k in a rather long time. apart from that, there is still the possibility that the price of bitcoin will reach $ 10k. it's just that I don't think that this is a bull run.
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May 03, 2020, 05:04:56 AM |
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What are your thoughts guys? Will we see the 12-15k$ in early next month?
Really? Too much optimistic in my opinion It's really to fast to reach 12-15k$ in the next month, for me it takes time to reach that's price. Bitcoin reach from $7k to $9 because FOMO of halving, everyone is expecting if bitcoin will reach new ATH, so people buy bitcoin before halving and make the price is pumped. After halving many people will not expect to much, maybe he will sell it after halving and the price is dumped. Only a real bitcoin enthusiast is keep hodl
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jhonjhon
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May 03, 2020, 06:10:43 AM |
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Yummy as it was moving back to $9k, but ain't give much confidence that it will run through smoothly. It is better to observe the market first before drawing into the conclusion that we are on THAT thing (Bullrun). The market still rolling up and down, yeah, it gonna pretty to see the price moves high but shouldn't make buy today, bull trap...it sometimes to play. Who knows.
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Ridwan Fauzi
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May 03, 2020, 06:43:15 AM |
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Let's just think positive because we can surely create a new ATH this year 2020 if the bull season the same with XRP price as everything will surely to follow once we will be in the bull season.
You have to see the chart as well before you made a conclusion. Bitcoin and XRP were failed to close the monthly candlestick in green line, so most most possibility the trend for this month will be bearish. A few times ago I saw a history for bitcoin halving event, I mean how the impact for bitcoin price when this event come and I see that the halving event will give a bull run when it has happened. At least it need 3 months to see a good trend for bitcoin price is up, and I think it will be happened to the current halving event.
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Naida_BR
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May 03, 2020, 07:27:43 AM |
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hi guys,
just got the notification that BTC got pumped to 9k. I saw a lot of liquidations on Bitmex alert. from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon. This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.
What are your thoughts guys? Will we see the 12-15k$ in early next month?
The price is moving steadily around 8.8 and 9k those days. It slowly increases in price but In my opinion we are going to see another drop - maybe on Monday and then the price is going to pump again and reach a new high due to the halving event that it is coming in the next week.
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michellee
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May 03, 2020, 09:16:45 AM |
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Even $9k is not in a bull run moment, and I still enjoy this time. After all, I can sell some bitcoin to make a profit because I can buy bitcoin at a low price yesterday. I hope bitcoin will become stronger before the halving, and if the price has a correction, the price will not decrease deeper so the price can be back to the last price, and it will start to increase higher.
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Oasisman
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May 03, 2020, 10:42:07 AM |
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hi guys,
just got the notification that BTC got pumped to 9k. I saw a lot of liquidations on Bitmex alert. from my perspective, we are on the new bull run which might be the new wave to a new high as the halving is coming very soon. This is a good opportunity to take a look at the market of altcoins, almost all of them will be dumped due to high activity on BTC/USDx. I will take a look on the XRP might hit 0.3$ soon. This is not financial advice, it's my opinion regarding the current situation on the market.
What are your thoughts guys? Will we see the 12-15k$ in early next month?
The price is moving steadily around 8.8 and 9k those days. It slowly increases in price but In my opinion we are going to see another drop - maybe on Monday and then the price is going to pump again and reach a new high due to the halving event that it is coming in the next week. And what would signifies that drop you were talking about? Imo, while approaching closer to the 630,000th block, Bitcoin will either swing at the same range as today or increase a little, since people are rushing to buy back. The drop might happen after the block halving. Maybe late May or June base on the market movements from the last 2 halving. One thing is for sure, there will be a significant drop this year, and a lot of investors are waiting for that opportunity.
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Yamifoud
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May 03, 2020, 11:07:51 AM |
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It looks like people are now profiting and I believe some of the crypto holders are now selling their Bitcoin. And maybe I should do also. If there is a huge volume of selling today, I will no longer expect the Bullrun will come but instead to see the market price drops once again. I know people are taking advantage of the current pump and I believe they are making their way to secure their fund before a change of market direction comes. I can see what the other thinks about the coming days and that was FOMO...it isn't surprising anyway.
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Golftech
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May 03, 2020, 11:17:58 AM |
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It looks like people are now profiting and I believe some of the crypto holders are now selling their Bitcoin. And maybe I should do also. If there is a huge volume of selling today, I will no longer expect the Bullrun will come but instead to see the market price drops once again. I know people are taking advantage of the current pump and I believe they are making their way to secure their fund before a change of market direction comes. I can see what the other thinks about the coming days and that was FOMO...it isn't surprising anyway.
If you do anticipate that then it's better to sell and ride with the situations, it's tough to keep hoping while you already seen from your observation the possibilities of this next waves, those who are satisfied with the gained that they've accumulated will surely sell it out and collect the profits. Assess and execute your next position according to how you believe this market will compensates you.
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Taskford
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May 03, 2020, 01:05:57 PM |
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It looks like people are now profiting and I believe some of the crypto holders are now selling their Bitcoin. And maybe I should do also. If there is a huge volume of selling today, I will no longer expect the Bullrun will come but instead to see the market price drops once again. I know people are taking advantage of the current pump and I believe they are making their way to secure their fund before a change of market direction comes. I can see what the other thinks about the coming days and that was FOMO...it isn't surprising anyway.
If you do anticipate that then it's better to sell and ride with the situations, it's tough to keep hoping while you already seen from your observation the possibilities of this next waves, those who are satisfied with the gained that they've accumulated will surely sell it out and collect the profits. Assess and execute your next position according to how you believe this market will compensates you. It's really though to hope for something big but suddenly drop we already see this for so many times so maybe for those people who can't take the risk can do a short trades and earned with the flow but if you have a risk taker minded and can asses the flaws,movements or anything with bitcoins then maybe this is a gold earning chances since there's a huge possibilities for us to earn since halving is on the way.
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KTChampions
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May 03, 2020, 10:26:49 PM |
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How fast people forget about the past! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin was already 9k (before the march fall), what is happening now is just a return to the previous levels/recovery, but not a bull run. Plus, I think a real bull market should last several months, and not be a cutting movement for a couple of weeks. People should think of that and watching off charts on what just happened before and we are indeed 9k wayback before we dip down back in 3k price and as said we have just go back on where we before.Also, having this percentage increase doesnt signify that we are already on a bull run. If price would break that 10k mark then i do somewhat convince myself that we might already be on that bull run but nothing is assured in talks of future prices since its always unpredictable since from the beginning. The price 10k is also not new and we have seen it many times when moving in different directions ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So there is a possibility that in the near future we will see it twice or maybe several times. Technically you're right, bull run could be defined as sustain rise in price in an extended period. Currently we are just seeing a minor run, but the thing is that the market is well alive after the corona virus scare and that is a good sign for us. Again, in the last 24 hours, the price seems to gather another momentum and pushing the price above $9000 again. And this gets more exciting as we approaches halving in less than 10 days. I guess in the next coming days, we will see threads about the price breaking five digits, LOL.
These threads are endless in this section of forum ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But most likely you are right. Bitcoin has great volatility, therefore +/- 1000 at any time looks possible, and now there are special conditions for this (i mean halving and global crisis).
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Kelvinid
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May 03, 2020, 10:53:56 PM |
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Reaching back to $9,000 is a way to go $10,000 in the coming days and ain't possible as I think. But to know that this is a new thing for us and isn't enough to call it Bullrun. We are just hoping that this coming halving will have a huge market jump but I wasn't confident enough though knowing that people will never take that hold long enough if they will saw the price to drops even just of a few dollars and probably they will seel it immediately. This is a reason why we can't go over that wall because someone is pulling it also.
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Zemomtum
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May 03, 2020, 11:57:49 PM |
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All these are just happening based on the halving that is around the corner, whatever happens post-halving can be analyzed and ascertain if we are truly in another bull run after almost 3 years of the bear market.
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tukagero
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May 04, 2020, 02:53:17 AM |
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Price is starting to drop again, some whales just take profit and going to buy back at 7500$, i believe that btc is still in a bullish year. Just wait for the next pump.
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The Sceptical Chymist
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May 04, 2020, 01:40:23 PM |
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What are your thoughts guys? Will we see the 12-15k$ in early next month?
Bitcoin's at around $8700 right now, and I think it's way too early to start calling this a bull market. What it is, is a rebound from before the coronavirus outbreak happened. Before all that chaos ensued, I was frequently declaring that 2020 was going to be a stellar year for bitcoin--and then the black swan reared its ugly head and then all of a sudden it didn't look like bitcoin was going to hit $10k this year. As to your question if we'll see $12-15k early next month....no, I don't think so. But I'll qualify that remark by saying that I've been wrong with my predictions more times than I can count--so you never know, and I do hope bitcoin gets to those levels. Maybe not as soon as next month, but perhaps this year would be nice.
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