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Author Topic: Bull run is coming?  (Read 701 times)
ned.ryerson
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August 19, 2020, 01:17:40 PM
 #21

It may happen .The market is on uptrend and btc is still above 10k$ .So investor and trader aim to hold the coin and the trend to follow .I think the next trend will make the marked level of 15k$ for btc .Now lets see how the market behave itself.
the level of 12 thousand is very strong and the price of bitcoin cannot hold its position above this level. I think that the bears will win and bitcoin will not be able to stay above 10 thousand for a long time. now the market needs to be constantly monitored

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August 19, 2020, 01:26:38 PM
 #22

According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  Wink
Nice to read something like this but we must be aware that it's not only Binance trading that can bring us to bull run there are many factors and it's a combined stats of all major exchanges and the motivation of the whole community, it's the combined effort of all involved in this technology.

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August 19, 2020, 01:33:45 PM
 #23

When talking heads start telling that the bull run is already here, that bitcoin will cost 100,000 dollars before the end of the year, I always start to closely monitor the market to have time to jump out before the fall.

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August 19, 2020, 01:37:37 PM
 #24

That is right, I also believe that the bull run will coming soon...Currently the market has show that cryptocurrency is on fire.
The activity on Binance is due to the hype of the defi projects.
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August 19, 2020, 01:42:12 PM
 #25

According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  Wink
Crypto bullrun have already started a while ago, I think around a month now since bitcoin start breaking it's 9k resistance, this will bring good value tomorrow because this time it's not just Bitcoin doing all the bullying, DeFi projects are here too

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August 19, 2020, 01:44:09 PM
 #26

The market has been showing the more mature as the investors were starting to invest based on the product and they have forgotten the hype. This time what already said by CZ can be a true story.

He has been saying the correct point about the market.

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August 19, 2020, 01:47:28 PM
 #27

That is right, I also believe that the bull run will coming soon...Currently the market has show that cryptocurrency is on fire.
The activity on Binance is due to the hype of the defi projects.

Since Binance got more traffic recently than 2017, this signifies that more people are picking interest in crypto. DEFI might be one of the factors influencing this, but the fact that crypto market recovered so fast from the MARCH epic fall, shows crypto stands out and hence drew attention from investors. So many crypto projects are doing great recently, even in this pandemic era. This could be a bullrun signal, I concur. We are already in bull season if you ask me.
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August 19, 2020, 02:15:47 PM
 #28

Binance CEO is a very influential person in the cryptocurrency market and therefore you need to watch what he says, but this does not mean that his words are really true.

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August 19, 2020, 02:19:39 PM
 #29

I won't try to get my hopes too high as anything is uncertain in this space, I prefer to move along, whatever happens I'm ready for it, either bull market or bear market I'm so in, my advice is to be ready for anything
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August 19, 2020, 02:21:45 PM
 #30

I'm personally not surprised about what the Ceo of binance is saying. There's obviously more persons in the cryptocurrency industry. The several ponzi scheme using the ethereum smart contract has successfully given people a test of cryptocurrency and they're hungry for more. There's more information about bitcoin, than there was in 2017, the market is getting more saturated.
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August 19, 2020, 02:25:49 PM
 #31

According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  Wink
So the activity is already bigger than the last peak point, this just goes to show that how big and epic this bull season and peak point will be. I am really positive and bullish about the market and I am quite confident that in next 6 to 8 months we are going to see new all time high prices for most of the top coins.

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August 19, 2020, 02:36:10 PM
 #32

According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  Wink
So the activity is already bigger than the last peak point, this just goes to show that how big and epic this bull season and peak point will be. I am really positive and bullish about the market and I am quite confident that in next 6 to 8 months we are going to see new all time high prices for most of the top coins.

CZ is a person qualified to say things like these though as he must have seen the data with binance exchange alone.
It may look that way to some analyst and CZ is not just the only who said it. But we all know that in crypto its always a big MAYBE. It can always end up like the bulltrap that had always occur every time. This is why I also don't get to trust any movement but will always cash out and invest every time I get a chance.


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August 19, 2020, 02:36:47 PM
 #33

I feel that the bull run is on the way, but we don't know when it will come. But the bull run will come soon, and when the bull run comes, we will have the opportunity to make a big profit again. Bitcoin itself is still waiting for the right time to surge to the highest price, and it is still going up and down. When the bitcoin price can touch more than $15k, I think the bull run is coming, which can affect the altcoin too.

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August 19, 2020, 02:40:57 PM
 #34

According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  Wink
Crypto bullrun have already started a while ago, I think around a month now since bitcoin start breaking it's 9k resistance, this will bring good value tomorrow because this time it's not just Bitcoin doing all the bullying, DeFi projects are here too
I Could not deny this cause I've the same feeling the Bull run will come. Definitely getting 2017 vibes again, only the difference DeFi projects. There's lots of new project popping up which may most likely going to end severely like in 2018.

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August 19, 2020, 03:30:06 PM
 #35

According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  Wink

This is pleasant to here.  I think most of us have been expecting this.  The usual expectations from history of bull run is that, after the halving have taken place, either that year of halving or following year comes the bull run, and that was what happens in 2017.  Likewise, we are probably expecting bull run towards the end of this year or 2021.
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August 19, 2020, 03:31:45 PM
 #36

According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level.  Wink
I don't think it would be possible for Binance  exchange or any single exchanger to single-handedly influence the cryptocurrency market, especially the price of Bitcoin. It can happen at any time in a joint effort of different exchangers.

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August 19, 2020, 03:37:13 PM
 #37

I read an article of a chart analyst yesterday which said that in the last 10 years BTC lost 13.6% in the next coming 2 months because of a seasonal effect.
So if he is true we may have some good opportunities in the next week to buy same more cryptos at a good price.
But overall i agree that the market as a whole seems pretty bullish since a few weeks now.
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August 19, 2020, 03:51:02 PM
 #38

I'm even of the opinion that the bull run is here. We don't need a prophetic declaration to know that the value of Bitcoin, ethereum, Defi tokens and several other cryptos are on the rise. This can only lead to the conclusion that we're in the bull run. The bull run is just at the inception and what we have now in the market is just a tip of the iceberg. Ethereum would most likely surpass $500 and Bitcoin is on the verge to giving us a new ATH.
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August 19, 2020, 03:54:11 PM
 #39

It may happen .The market is on uptrend and btc is still above 10k$ .So investor and trader aim to hold the coin and the trend to follow .I think the next trend will make the marked level of 15k$ for btc .Now lets see how the market behave itself.
the level of 12 thousand is very strong and the price of bitcoin cannot hold its position above this level. I think that the bears will win and bitcoin will not be able to stay above 10 thousand for a long time. now the market needs to be constantly monitored
Right now the price of bitcoin has been started falling and market looking red again that's happening because it is volatile and due to that it won't be able to keep its position on constantly in the same place.
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August 19, 2020, 03:58:05 PM
 #40

bull run is already here from what I can see in the market but its not the real bull run yet. activities on binance can be helpful in indicating what is actually happening but you shouldn't solely rely on that since there are other things to consider such as other exchanges, and investors. I do feel that people who have been hodling for so long during bearish market deserves a bull run for their patience and hard work.

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