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Author Topic: Bull run is coming?  (Read 760 times)
Wend
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August 20, 2020, 03:27:43 PM
 #81

We really are in bull run there are a lot of coins being hype and so many recommendation to buy this coin because it's going to the moon, this is how I looked in a bull run although there's a possibility of a sudden or crash, the news of the pandemic is still fresh in our mind, this made us think that anything can happen anytime.
They are many recommendation coins but we need to choose wisely on when in comes of that situation.
Many of us in here it is the time for bull run but somebody said it is not, well it depends on us of which side we gonna be true or not.
And for me I it is better to buy coins even if is bull run or not because the important things in here is how to earn in crypto.
its easy to get fooled now that almost any coin are tempting us due to the incoming bull run .

 thats why you guys shouldnt follow every recomendations because they are only taking an advantage of the situation . when the bull rum is done , they are also done and so as you if ever they got you . @smyslov crash usually happens after a bull and its not because of the pandemic  .
The bull run is always there and we cant blame about the pandemic happen right now on why the price of the coins in the market has been drop. However it depends of the crypto on when they gonna pump the price of coins so we need to be have patience and wait if we want to earn in crypto by investing or trading. And we are so glad for now that we seen the market is continuing increasing the price of some coins like bitcoin and etherium and many other coins followed of it.


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August 20, 2020, 03:39:06 PM
 #82

this is Bullrun if you have bought the price of Bitcoin at $ 5000 or $ 6000,
if you buy at a price of $ 11000 of course this is not bullrun, Bitcoin can still touch to $ 13000 if the price does not drop to $ 10000

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August 20, 2020, 03:43:31 PM
 #83

Binance CEO is no doubt most experience person in crypto market as he is the CEO of world most popular and big exchange. So his analysis has worth and this is looking good sign for the next bull run.
What already said by him was true to consider some of his points very suit with the current situation that is happening with the market. We can't fully trust his prediction but it looks like we can take a lot of good information from what he was saying above.
binance ceo could be crypto expert that we should follow his advice, but beside hear him we must do our own analisys so infuture we could be expert like him and get advantages in crypto market. as exchanges CEO he has many secret information from developer team which is we didnt get it , so its why his prediction mostly come true.

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August 20, 2020, 04:07:48 PM
 #84

I actually think the top is except their is any good news for bitcoin. 3.6k to 12k isn't a small run.
While thinking of bull run, every trader should also think of bear market.
No one saw the last time of March flash crashed. Take your profit, dont be greedy.

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August 20, 2020, 04:21:20 PM
 #85

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

Well, the CEO of Binance should probably be one of the largest holder of BTC, so when he says something about btc price. There is higher tendency that this will happen. But $100,000 ? I can't put mind on that.. But I wish so.

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August 20, 2020, 04:27:32 PM
 #86

this is Bullrun if you have bought the price of Bitcoin at $ 5000 or $ 6000,
if you buy at a price of $ 11000 of course this is not bullrun, Bitcoin can still touch to $ 13000 if the price does not drop to $ 10000
Yes, the bitcoin price has more than quadrupled in just 5 months. I remember that in March 2020, the price of bitcoin fell below $ 3,500 and since then bitcoin gradually recovered and went as high as it is now. If someone bought Bitcoin at that time, they now have a lot of money from this bull run

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August 20, 2020, 04:28:21 PM
 #87

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 understandable since the vaccine is already in Russia. When that vaccine comes into play early and is delivered in time, things will go even faster and more so. that's why the price of gold is falling, which shows signs of the economic crisis are over. this is the time when we should consider choosing potential altcoins to invest in, which will be an investment season with great returns if Bitcoin rises sharply later this year. I think it will break the $ 12k6 resistance and go straight to the old top.


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August 20, 2020, 04:29:58 PM
 #88

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 just some of the stat that contributes to where we are right now, I believe we are already in bull run although I still see some coins having a hard time with their price to pick up, things are getting better we are all hoping in this community that it will keep on like this after the pandemic where the market will perform much better.
That is the thing about bitcoin, back in the day liquidity wasn't this high, even transactions weren't this high, but the sellers weren't this high as well. When you have let's say 1000 people and you get another 500 people, you are not getting 500 buyers right away, you are getting buyers and sellers at the same time, all those new people are selling too.

Plus there is a lot more activity which means back in the day there was 100 bought and 90 sold, nowadays it is 300 bought and 290 sold, the difference is still 10 but at the end of the day the trading is a whole lot of different from the 2017 peak times, there are tons of more money involved and since there is more money involved I just assume that there is more people involved as well but that is not something I can prove.

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August 20, 2020, 07:38:28 PM
 #89

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

Not so many people know binance in 2017. But now that it is recognized as the top crypto exchange, hence the increasing users and activities.

Like gold, stocks, and other asset class, cryptocurrencies are now being used to preserve the value of money. With the weak value of dollar and other fiat due to the pandemic, people are finding way to preserve their money. This is one of the main reason why we are experiencing a massive increase in cryptocurrency marketcap and as a result a jump in the price.
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August 20, 2020, 07:41:50 PM
 #90

there is no sign yet of a high bull run imminent at the moment the market conditions are still under correction although today has increased slightly
but have to be careful fear this is just a trap and bear season is coming back

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August 20, 2020, 08:27:44 PM
 #91

The bull run is here, for the past few months, Cryptocurrency market has been pumping, BTC pump from $12k and currently retracing while altcoins too keeps pumping. Nothing more to wait for, the bull is finally here, many more pump to come in few weeks to come.

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August 20, 2020, 08:32:24 PM
 #92

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
bull runs are bad for the crypto community.. slow and steady growth is always the best.. we dont want a bubble... what bitcoin and alternative currencies need right now is a slow but surely growth
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August 20, 2020, 09:34:21 PM
 #93

Bull run will maybe come this year if we are going to look at the price chart some crypto coin are now rising, bit we cannot really see directly that it is a bull run anytime price may always change. I believe that we still need to take it slow and if we wanted to invest we need to still select the trusted coin.

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August 20, 2020, 11:16:09 PM
 #94

We all hope for a bull market, Defi's are fueling this altcoin movement and I guess bitcoin will surpass it's current ATH again dragging the alt coins to its new highs. I just hope it will not go down too fast like what happened last 2017.
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August 21, 2020, 02:36:59 AM
 #95

The bull run is here, for the past few months, Cryptocurrency market has been pumping, BTC pump from $12k and currently retracing while altcoins too keeps pumping. Nothing more to wait for, the bull is finally here, many more pump to come in few weeks to come.
I am waiting for what will happen in the coming months but I hope the market will continue to maintain its uptrend as this is a good thing to make investor sentiment feel more optimistic when investing. I also choose to invest in a lot of altcoins during this time period but Bitcoin is the coin that I hold the most because if this coin goes up then all my current investment will increase.
Of course, if the price of Bitcoin falls, things will be different and that is why I feel so nervous investing in this market.

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August 21, 2020, 02:33:23 PM
 #96

We all hope for a bull market, Defi's are fueling this altcoin movement and I guess bitcoin will surpass it's current ATH again dragging the alt coins to its new highs. I just hope it will not go down too fast like what happened last 2017.
In the year 2017 when ico's had been responsible for the hype likewise in the current year DeFi is going to play that role to gain the market price.
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August 21, 2020, 02:38:52 PM
 #97

We all hope for a bull market, Defi's are fueling this altcoin movement and I guess bitcoin will surpass it's current ATH again dragging the alt coins to its new highs. I just hope it will not go down too fast like what happened last 2017.
In the year 2017 when ico's had been responsible for the hype likewise in the current year DeFi is going to play that role to gain the market price.
Yes, I see Defi is very similar to ICO in 2017, it has helped this market go up strongly and there are many new sources of money entering the market. Expect this hype to last until the end of 2020 so that this market can continue to grow and break ATH 2017.

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