Are the bulls back?

[Sanitough]

According to chart history there have been bull odds going back in October and November to start with and peaking in December and early January for some other coins, if indeed the market repeats history.
otherwise the calculation will change.

That was one year ago, and for sure it will not happen this year as we have enough bullish movement this year. Prior to the last year's bull run, the market has been struggling in 2018 to 2020, so it needs a long correction or bearish movement before we will see another bull run and see it break the current ATH of bitcoin.

And looks like we are heading to a new correction now as the market is very unpredictable, and most of its movements are bearish already. It has struggled to break the $50k price again, and today, the market dump with the China news, probably, so I guess we should prepare ourselves as we might be going down to $30k.

This is the news that makes the market dumped. https://techcrunch.com/2021/09/24/china-says-all-cryptocurrency-related-transactions-are-illegal/



We don't know yet if it will hold at the current price, but it looks to go down below $40k and then it will continue to drop.
Though this kind of news from China is not new to us, there's still an impact to the market, so we can't just disregard it, it could have a long term effect as well.

[1714669987]

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[1714669987]

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[mirakal]

According to chart history there have been bull odds going back in October and November to start with and peaking in December and early January for some other coins, if indeed the market repeats history.
otherwise the calculation will change.

That was one year ago, and for sure it will not happen this year as we have enough bullish movement this year. Prior to the last year's bull run, the market has been struggling in 2018 to 2020, so it needs a long correction or bearish movement before we will see another bull run and see it break the current ATH of bitcoin.

And looks like we are heading to a new correction now as the market is very unpredictable, and most of its movements are bearish already. It has struggled to break the $50k price again, and today, the market dump with the China news, probably, so I guess we should prepare ourselves as we might be going down to $30k.

This is the news that makes the market dumped. https://techcrunch.com/2021/09/24/china-says-all-cryptocurrency-related-transactions-are-illegal/



We don't know yet if it will hold at the current price, but it looks to go down below $40k and then it will continue to drop.
Though this kind of news from China is not new to us, there's still an impact to the market, so we can't just disregard it, it could have a long term effect as well.

The news is legit, but look at its effect on the market, it's only a little dump compared to the price bitcoin has increased in the past few months. This FUD will not last, people know about it already and it will not affect them significantly anymore. China announces bad news, little market reaction but if China announces good news about crypto, for sure it will result to a new bull run.

[p.b.winry]

Good news for BTC coin holders. On 10/20/2021, Bitcoin touched the price of $64,300. But I don't think it's going to last long. I think it's a sign that all the coins are going downtrend. I suggest delaying buying some coins that are already uptrend from the beginning of the last year.

[Om.monata]

What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

the market is currently showing a green position.  in october the position of the increase is significant and good.  I see if now the correction for this month has ended and we will look forward to the correction in the next month and for sure it will happen.  we can take advantage of the best moment

[imamusma]

the market is currently showing a green position.  in october the position of the increase is significant and good.  I see if now the correction for this month has ended and we will look forward to the correction in the next month and for sure it will happen.  we can take advantage of the best moment

The correction next month is also uncertain, because Bitcoin is still moving upwards to this day which has also been followed by several Altcoins in a very small percentage, and if you want to buy, then look at Altcoins that have not risen in numbers so that you can be very affordable in making purchases with limited money.

[Russlenat]

the market is currently showing a green position.  in october the position of the increase is significant and good.  I see if now the correction for this month has ended and we will look forward to the correction in the next month and for sure it will happen.  we can take advantage of the best moment

The correction next month is also uncertain, because Bitcoin is still moving upwards to this day which has also been followed by several Altcoins in a very small percentage, and if you want to buy, then look at Altcoins that have not risen in numbers so that you can be very affordable in making purchases with limited money.

It's normal for altcoins to rise as bitcoin has already achieved a new ATH, however, if bitcoin fails to break the resistance, then most likely it will go down below $60k and we will see it struggle to rise or the correction will eventually happen. It's a gamble, but based on the trend, it's always good to buy once a new ATH has just been achieved.

[Kasabus]

the market is currently showing a green position.  in october the position of the increase is significant and good.  I see if now the correction for this month has ended and we will look forward to the correction in the next month and for sure it will happen.  we can take advantage of the best moment

The correction next month is also uncertain, because Bitcoin is still moving upwards to this day which has also been followed by several Altcoins in a very small percentage, and if you want to buy, then look at Altcoins that have not risen in numbers so that you can be very affordable in making purchases with limited money.

It's normal for altcoins to rise as bitcoin has already achieved a new ATH, however, if bitcoin fails to break the resistance, then most likely it will go down below $60k and we will see it struggle to rise or the correction will eventually happen. It's a gamble, but based on the trend, it's always good to buy once a new ATH has just been achieved.

When a new ATH is achieved, there's always that hype and even if the price will correct a bit, it's just a minor correction and not big enough to cause a panic. Besides the previous ATH was just around $64k and the current is $66k, so no FOMO yet as there's only a small difference between the current and the old ATH.

[stadus]

the market is currently showing a green position.  in october the position of the increase is significant and good.  I see if now the correction for this month has ended and we will look forward to the correction in the next month and for sure it will happen.  we can take advantage of the best moment

The correction next month is also uncertain, because Bitcoin is still moving upwards to this day which has also been followed by several Altcoins in a very small percentage, and if you want to buy, then look at Altcoins that have not risen in numbers so that you can be very affordable in making purchases with limited money.

It's normal for altcoins to rise as bitcoin has already achieved a new ATH, however, if bitcoin fails to break the resistance, then most likely it will go down below $60k and we will see it struggle to rise or the correction will eventually happen. It's a gamble, but based on the trend, it's always good to buy once a new ATH has just been achieved.

When a new ATH is achieved, there's always that hype and even if the price will correct a bit, it's just a minor correction and not big enough to cause a panic. Besides the previous ATH was just around $64k and the current is $66k, so no FOMO yet as there's only a small difference between the current and the old ATH.

Let's see if bitcoin will be able to recover and create a new ATH again.

We have a positive day for crypto, and as you can see, the majority of the coins are in green again https://coinmarketcap.com/.
Actually, the bulls are here and it was never over since this month a new ATH was achieved, we can only say that the market is not bullish anymore once there's a consistent correction that leads to signficant dump of bitcoin and altcoins, thus far, we did not witness that yet.

[carlisle1]

Let's see if bitcoin will be able to recover and create a new ATH again.

We have a positive day for crypto, and as you can see, the majority of the coins are in green again https://coinmarketcap.com/.
Actually, the bulls are here and it was never over since this month a new ATH was achieved, we can only say that the market is not bullish anymore once there's a consistent correction that leads to signficant dump of bitcoin and altcoins, thus far, we did not witness that yet.

Since this year for sure, the bull is keeping pulling up and make more investors to enjoy the profits.

The market is again moving up and likewise, there are many green now inside and if you managed to buy from that correction, you are now taking the
benefits either to cash it out as full or take your capital and let the remaining profits to continue to pump up.

All about how you understand the flow and how good you are in anticipating the possible market directions.

More eyes now with another pull over and try reaching new time high.