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Author Topic: Are we back to the bull market?  (Read 1046 times)
cheezcarls
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October 21, 2020, 11:01:44 AM
 #21

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?

And once again, Bitcoin's dominance was proven to be unstoppable these days. Even if Bitcoin crosses past $12k, other altcoins aren't following suit (but a little bit of Ethereum price spike though). It is a good sign that Bitcoin has crossed like that. But I wouldn't bet on Bitcoin reaching $20k for this year.

Realistically, it might be around $13k to $14k, but I can be wrong. If this bull momentum continues, it would likely spike slowly but surely. Honestly, I don't want the spike to be "too much parabolic", because the price would drop faster too.

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October 21, 2020, 11:33:20 AM
 #22

The price of $12,000 again for 1 bitcoin is really good to see but there is proof or any evidence that bitcoin if the price reach it the hull run is start. We hope so it will happen because we the one who gets benefits of the bull run.

We are exciting for the coming again of the bullish and almost 3 years when it happened and we want to experienced this again . During that day many traders, investors and holder getting rich by the bitcoin or earning a lot of money.
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October 21, 2020, 11:39:57 AM
 #23

I'm not really a bullish person but I keep top believe it though. $12k, $13k...we gonna make it possible IF the momentum won't break. We have this a roller coaster-like trend, we got the dump in the past days, and we have the recovery now. We can't surely expect what next but I was then to think this Christmas season brings a better trend.

People can make their own speculations base on what they understand the market trend, feel to make it so.

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October 21, 2020, 12:00:22 PM
 #24

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?
Starting from March 12, Bitcoin continues its growth phase... So on a global scale Bitcoin did not finish the bull run!
As for the short-term scenario, it seems to me that soon there will be a figure of "double top" in the area of 12500 and there will be a price drop...

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October 21, 2020, 12:30:29 PM
 #25

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?
actually analyst says if we cross 13k$ mate but were getting closer now,

https://coinmarketcap.com/currencies/bitcoin/

Bitcoin is running up ,and now pricing $12,348 and still going up.









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October 21, 2020, 01:26:59 PM
 #26

The market is doing good from couple days and there is no any major drop in the price seems also a lot of analyst are predicting BTC price will go up, comparing to all these stuff I think we are heading towards bullrun.

It is Important for the investors to look at what happened over the years and what might happen after now, although there were ups and downs from few months now it is steadily pumping and hopefully we can expect a bullrun.









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October 21, 2020, 01:27:19 PM
 #27

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?
We still have 2 months left to spend in 2020, let's see at the beginning of the year an early year where bullish will come in full in the next year, I have predicted for a long time about the 4 year history where the price of bitcoin always explodes a year after halving, people only have time in the next 2 months to get on the train

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October 21, 2020, 01:35:53 PM
 #28

Bitcoin is actually growing rapidly and steadily since the "black swan" event. The number of Bitcoins on exchanges that are moved to cold wallets increases over time, companies invest more publicly in Bitcoin, the price of bitcoin steadily rises despite FUDs from the scandals from CEXs.
Paypal just accepted Bitcoin payments in 2021.
https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021
All of these factors make me feel that the bull market will start from now on.

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October 21, 2020, 01:38:48 PM
 #29

It's evident we are approaching the bull, and sudden few pump should be expected because you may not have it at ones bull run comes in disguise until it goes. We may still have some amazing pump like twice before the end of the years, but be sure 2021 is the real deal.anticipation for the coming bull is quite much. It will be very good if we can take the best advantage of it.
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October 21, 2020, 01:46:17 PM
 #30

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?
Back when Bitcoin was still at around 9k this year, it managed to breach past 10k. That should already more than enough to be called a bull run.
Kinda surprised actually that we just suddenly breached past 12k, while I just observed yesterday that it was around 11.5k.
13k soon? Maybe.
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October 21, 2020, 01:50:56 PM
 #31

Since the last hard fork Bitcoin is predicted to continue to increase, and I see this is the way in the right direction for the end of this year that could pass many predictions,
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October 21, 2020, 01:53:14 PM
 #32

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?
Looks like yeah we are bullying now.

The price of Bitcoin is near to Hit $12,500 now as i am posting this,and almost all the top ranking currencies are in greening light.

Since the last hard fork Bitcoin is predicted to continue to increase, and I see this is the way in the right direction for the end of this year that could pass many predictions,
Sorry but when was the last Hard Fork happens?

because we have experience this $12k level many times this year alone.

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October 21, 2020, 02:01:48 PM
 #33

Are we not in a bull trend for a couple of months? If you are expecting that bull run will touch ATH then I will say no, still we have a long way to walk. The current bull trend is likely a normal behavior of Bitcoin, I am assuming this isn't a fake pump, and new investors buying bitcoin. But I am positive about the current trend, it's because even we are facing a global crisis but who we are on bitcoin are almost happy. But honestly, I will be one of them who are waiting for a bull run for a long time. Had lost much, just waiting to recover.

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teosanru
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October 21, 2020, 02:08:53 PM
 #34

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?
We have been above $12K this year for some time. While it's pretty difficult to predict any major difference between fakeout and bull market. A few indications such as volume and some indicators might help. But logically speaking I don't think 12K was any kind of psychological mark for BTC this year. Nor it is something that we should be very happy about. It's just normal price movement of BTC. But yes talking about bull market I think BTC is in a sort of bull market situation for a few months after it came back up from 9-10K. The chart hasn't been that steep but bull market is a bull market. I believe we would see another leg up and BTC will hover around 12.5K for a month or so again. For people who are expecting something like 2017 again. Stop watching dreams.  Grin
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October 21, 2020, 02:29:15 PM
 #35

Crossing 12k$ is not enough yet to trigger the bull season but if bitcoin price will continue to increase and will break the 14k$ then there is a  big chance that it can surely trigger the bull season.

As I am predicting that we will be seeing a new ATH this incoming bull season if we can successfully trigger it especially to bitcoin price. There is a big possibility that we can see a bitcoin price to reach 30k$ and up.
MWesterweele
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October 21, 2020, 04:43:08 PM
 #36

I think we are already in bull market but the pandemic is also one of the reason why we couldn't really feel it that much.
I mean no one has been so excited about it since we are all busy surviving on this pandemic so not everyone has felt it or know that we are already in bull season.
For me the price has been great for a long time now it has been pump and would only drop a little and stay put till it pumps again.
Each and everyone has different enterpretation about the current value of bitcoin. We may be intrigue if this value of bitcoin may be considerable as an open door for a cryptocurrency to enter bull market. But to be honest, value of bitcoin today was remarkable amazing. This value will definitely attract more investors. I'll just hope for the better days of bitcoin to come. May this $12k value of bitcoin wasn't the last high value of said crypto.

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AC_THE_LEGEND
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October 21, 2020, 04:56:54 PM
 #37

Ultimately I'd say we're in a bull market but I would expect some corrections ahead the US election will possibly sour markets as well as the global economy falling which might bring crypto down with it for a brief moment then we will ride!
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October 21, 2020, 07:10:06 PM
 #38

Bitcoin is moving in the right directions and inching towards bull run but it would be too early to predict anything unless we see a trend of continuous improvement in the value of Bitcoin for atleast 2 to 3 week's time because we need to be sure this time that it's not one more trap. Even last year Bitcoin achieved the value of $13,000 but it was short lived hence i would say bull run can be confirmed once if the value is moving upwards for couple of weeks without any dump.

But the entire community is waiting for bullrun, but on the other hand some major traders will be hesitant to buy btc when the value reaches the peak as they learnt this lesson in 2017.

Em00n01 (OP)
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October 21, 2020, 07:30:32 PM
 #39

actually analyst says if we cross 13k$ mate but were getting closer now,

https://coinmarketcap.com/currencies/bitcoin/

Bitcoin is running up ,and now pricing $12,348 and still going up.

It's touched almost touched 12,900$. I think PayPal news pushed the price a lot. But i believe if we can hold this price and cross 13k$ BTC will do one more pump. Let's see what happens.

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target
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October 21, 2020, 08:21:46 PM
 #40

actually analyst says if we cross 13k$ mate but were getting closer now,

https://coinmarketcap.com/currencies/bitcoin/

Bitcoin is running up ,and now pricing $12,348 and still going up.

It's touched almost touched 12,900$. I think PayPal news pushed the price a lot. But i believe if we can hold this price and cross 13k$ BTC will do one more pump. Let's see what happens.

It will push the price up later. Half the world still is hasn't learned of the news yet, Paypal users are going to be buying BTC as its tempting to profit thru this bull market.

The pandemic that cause the crisis in the economy has enabled the economy in the crypto so much stronger than before. It will definitely be the most sought investment soon.

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