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Author Topic: How long do you think this bull market will run and why?  (Read 214 times)
seleme
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February 14, 2021, 10:27:14 PM
Last edit: February 15, 2021, 11:28:55 PM by seleme
 #21

I don't see bull market will stay with us for a long time, the market will eventually tank before April. The timing of the market is unique along with the idea of "market history repeats itself" and finding the balance between two depends on the professional trader. In my opinion, the BTC will make a correction sooner than the second quarter of the current year and altcoins will go back to the main prices.

If one could provide types of analyses or comparisons

this bullish trends will until the end of this year, because the bull now is completely different with the latest bull in crypto market
now, we can see a lot of good news coming to this industry mate, and create a lot of demands that will not end in the near time
Demand can be longer than usual on the market but unfortunately, this is not only related to the natural demand. The market makers control the price for creating the liquid order book which is useful for them to fill the orders of big investors aka Hedge fonds, Inistutioanl money. We as the small fishes have no choices except to trade on the exchanges of the market makers.

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February 15, 2021, 04:17:28 AM
 #22

The history of the market in 2017 will repeat itself this year. I don't think it will continue to rise for bitcoin. we can see that now the candle shows a bearish sign in the next month. I think people have to prepare to sell or SL for profit or loss management. The hype that Elon created will not continue to keep the market afloat. The hype will end later . Many people also began to dislike what he was doing
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February 15, 2021, 08:27:47 AM
 #23

The history of the market in 2017 will repeat itself this year. I don't think it will continue to rise for bitcoin. we can see that now the candle shows a bearish sign in the next month. I think people have to prepare to sell or SL for profit or loss management. The hype that Elon created will not continue to keep the market afloat. The hype will end later . Many people also began to dislike what he was doing
If history will repeat for this year, this will be altcoin season then. But if you look the whole cryptocurrency, almost all altcoin in red while bitcoin just bounced to $47k. Don't get me wrong, i'm also waiting altcoin season while there were huge crazy pump when that happened.

Elon still trying to make DOGE price up, with his tweet
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February 15, 2021, 10:39:17 AM
 #24

My opinion is until next year. No TAs are good this time as every fundamental that bitcoin has been showing is affecting it. For short time analyses, there could be some good and accurate ones. But still, you can say that it differs this time and you're barely going to say that it's ending soon. And as for the why, it is because the FOMO is bigger this time and it includes huge common financial companies and that's a plus if you're long.

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February 15, 2021, 12:22:52 PM
 #25

The history of the market in 2017 will repeat itself this year. I don't think it will continue to rise for bitcoin. we can see that now the candle shows a bearish sign in the next month. I think people have to prepare to sell or SL for profit or loss management. The hype that Elon created will not continue to keep the market afloat. The hype will end later . Many people also began to dislike what he was doing

Elon still trying to make DOGE price up, with his tweet

Elon is smart for choosing DOGE since if they select another coin for sure he will get a hard time to pump it unlike doge where the value is so cheap and if he succeed to create a price break out and it would reach for 1$ or even hundred $ each for sure he will earn a lot of money out of that supposed to be as joke coin when it created.

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February 15, 2021, 01:39:15 PM
 #26

Consider how many popular beings are getting in.
I think that contributes to how the bull market will still run.
Also, it is to prevent it from being dumped by other big investors. Yes, FOMO.
As long as that kind of emotion is in the air, there is no stopping Bitcoin and other cryptocurrencies from moving up.
They are just too afraid they might miss the big boat.
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February 15, 2021, 02:15:56 PM
 #27

If one could provide types of analyses or comparisons
If we are seeing the market from the FA and there are lots of good news for crypto especially for bitcoin consider more and more major players have been starting to be involved in the cryptocurrency.
From the chart, we are not yet seeing the signal for the correction to happen and this time it's happening right now.
The direction of the market is still unpredictable dude but so many traders are feeling optimism if bitcoin will not be dumped again. 

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February 16, 2021, 09:38:37 PM
 #28

If one could provide types of analyses or comparisons

As long as there is demand, there will be a market. Even as a result of weeding out low-quality projects and scam, there will be a lot of good coins in which many want to invest. The crypto market lives at the expense of investors, as long as people can make profit and benefit the life of the crypto world will continue. Cool

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February 16, 2021, 10:54:48 PM
 #29

If one could provide types of analyses or comparisons
Fundamentally this bull run market will run for a long time, take a look with many companies which start to accept and using bitcoin as their investment place.

This is what we call as mass adoption thag we need for a long time ago. Yeah, I still remember when many people talk about mass adoption and its impact to the market movement.

And yeah as we can see bitcoin price and almost altcoin increasing a lot and even some of them have been passed its previous all time high. As an example ETH, I was regretted that I didn't bough this coin when its price touched $35  a year ago, now you can see its price movement.
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February 16, 2021, 11:12:38 PM
 #30

No one can be sure how long the bull market will run, because it depends on demand and supply. It can also be positive and negative news affect
the bull market, in fact there are many factors that can affect market prices. Sometimes the economic policies of big countries can affect the crypto
market too, so always be careful when investing in cryptocurrencies. Always do analysis before deciding to buy coins. Don't let us become FOMO.

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February 16, 2021, 11:35:29 PM
 #31

If you mean that bull market ends is bear season like 2018, it will not happen anymore.
Its true there will be some corrections after new ATH reached, but at this adoption stage of Cryptocurrency, bear season like 2018 will not happen anymore  Wink

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