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Author Topic: When will the current Bull run stop  (Read 1501 times)
Kang TB
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November 22, 2020, 06:40:23 PM
 #41

Hey, i think another round of newbies getting entangled and trap in the current bull run is about to happen. we watch bitcoin move very fast from 15,000k to 17,000k within days . Not just the normal gradually process but as fast as we never espect.it looks exactly the same way it happened in 2017. many got trapped and they regrets the move. the ground is set and i am certain it will happen again.
Everything Mooning like someone is sitting somewhere pushing the gas. experience traders are riding the bull and making money, influencers are pushing those that care to listen while the Newbies are screening. GO BITCOIN, GO BITCOIN.
Just be careful and Never forget to use the stop lost(its like a seatbelt) because we will definitely meet the bears on our way up some day. But that day is not soon so lets enjoy the bull together.

bull and bear will always stay in crypto markets, now the bull control the market buddy and i hope this bull market will continue not only in this time
of course people should cut their lost in short, so, they will not lose a lot of money in their trading activity
i think now is the right time to collect more bitcoin or ethereum, because both crypto will show us a great price movements, wich mean will break the past ATH especially bitcoin my friend


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November 22, 2020, 08:45:32 PM
 #42


 The trend will be up. Trend is up already from March this year.
I haven't seen March 2020 the bitcoin bull market trend started, in March to September bitcoin has not entered the bull market trend, at the end of October to this day bitcoin has started to enter the bull market, and I'm sure the price will continue to rise until the end of 2021.

From March until now Bitcoin went from $5000 to $18000. That is not a bull market for you? It tripled price in a bit more then a year. You are mentioning October and November. Let me check what gains Bitcoin made. It made 80% growth in two months. Quite similar.
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November 22, 2020, 08:55:06 PM
 #43

I can't say for sure when the current bull run will stop, cause no one can predict what's going to happen next in the market, but from how I see it I don't think there's any chance of this current bull run stopping if bitcoin doesn't make another ATH, you have seen how it moved from $15 to $17k pretty fast and it's not slowing down one bit, everyone is buying and people who have it already are holding and refusing to sell, looks like there won't be any stopping till we see another ATH.

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November 22, 2020, 09:06:36 PM
 #44

Maybe it is helpful to look back when the momentary ATH in BTC was created - we highly went up in the last couple months same in 2018 isn’t it? So maybe u can guess it goes similar... Of cause lots of things have been changed - The Virus a other halfing and so on... I guess BTC will go up even through this pandemic which made people thinking over there invests and there trust in money.

A lot of courencies got in trouble so maybe some searched for a alternate not inflating courencie. So to summarize... I guess BTC will grow still a bit but I guess also there will be a boubble again. So it will kind of crash but in a other way.
Things have been changed.

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November 22, 2020, 09:12:32 PM
 #45

there are no reasons for the bull run to stop right now. more and more companies and funds get involved in crypto market. also cental banks of many countries are printing huge amounts of fiat money so people use bitcoin as a store of value.

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November 22, 2020, 10:22:26 PM
 #46

there are no reasons for the bull run to stop right now. more and more companies and funds get involved in crypto market. also cental banks of many countries are printing huge amounts of fiat money so people use bitcoin as a store of value.
yep, its still just a start from bitcoin movement  and in next year price will going crazy and hit new price that we never imagine before. cryptocurrency market now get new giant investors that coming from finance firm and now we see market capitalization growth alot and followed by cryptocurrency price.

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November 22, 2020, 10:24:44 PM
 #47

If you are good in analyzing price action in the financial markets, then you'll know that until the market forms an now Higher High, and  breaks a previous Higher low on the daily or 4 hours time frame... There is still  a lot of room for the price to go higher.

Also, when the BTC price gets to the previous major resistance point where the price was unable to cross... How the price reacts to that resistance will determine if the price will dump back or continue growing.

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November 22, 2020, 11:41:58 PM
 #48

Yes, and everything that happens to Bitcoin in every year will never be the same, because if you say usually before Christmas and New Year there must be a pause in Bitcoin price movements, were there any pauses in Bitcoin movement in 2018 and 2019 ?
Yes there was a pause during Christmas and New Year, the market might have gone down, we are now in a bull year and we might expect the same but we might not see the market going down too much as there are financial institutions ready to invest billions whenever the price goes down.
You cannot predict how the market will react every time but you will have a general understanding.

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November 22, 2020, 11:45:50 PM
 #49

Is of no doubt again that the long awaited bull run is here and in my view I believe is just getting started, bitcoin should reach $20k before the end of the year.

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November 22, 2020, 11:54:51 PM
 #50

there are no reasons for the bull run to stop right now. more and more companies and funds get involved in crypto market. also cental banks of many countries are printing huge amounts of fiat money so people use bitcoin as a store of value.
For now, we are on a bull trend and there’s no sign of weakness in terms of the volume though this doesn’t make this market invulnerable into any bad news again, so expect the downtrend after we hit the new peak. Anyway, let’s be more positive for now and just enjoy the trend, if there’s another downside I wish I have some extra fund that time so I can buy more cheap bitcoin, this might be the last time we see a cheaper Bitcoin.

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November 23, 2020, 02:32:55 AM
 #51

Bitcoin is nearly about to ATH. I think this was bull run and market is going to take correction . If correction is made then we expect another big move .otherwise it seems to be sideways.At this point we should be careful and not take big decision.
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November 23, 2020, 05:10:05 AM
 #52

I think the current bullrun will last up to $ 25,000, maybe even up to $ 30,000. At these levels, I will sell all bitcoins or place a stop loss. The main thing is not to be greedy.

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November 23, 2020, 06:35:32 AM
 #53

Bitcoin is nearly about to ATH. I think this was bull run and market is going to take correction . If correction is made then we expect another big move .otherwise it seems to be sideways.At this point we should be careful and not take big decision.
its very near with all time high and end of year i am sure it will broken , no need to wait history will repeated again this year. all investors already prepare their money to this party and ready to gain profit.

I think the current bullrun will last up to $ 25,000, maybe even up to $ 30,000. At these levels, I will sell all bitcoins or place a stop loss. The main thing is not to be greedy.
we will see when this price will hit, $7000 any more to hit $25k . if could happen this year maybe price cycle in 2020 will be best in history.

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November 23, 2020, 06:54:59 AM
 #54

I think the bull run will not stop this time as the price is still trying to increase, although the price now is still below $18,500 and it is sideways on that current price.
But I believe that bitcoin will not be stopped after this because the next rallies will start, and it will reach the new highest price.
Although that is temporary, that will help us make a profit, and I am sure that many people will have the chance to recover their losses.
But we need to be careful because if the price can increase so high, there will be another time for bitcoin to go down, and we don't know how deep the correction will make the price goes down.
Maybe we don't have to wait for the highest price to come, so we can use the time to take profit while the price is at the high price, and we can buy back again when the correction for the price comes after that.

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November 23, 2020, 07:04:53 AM
 #55

Bitcoin bull run is currently continuing to move, usually before Christmas and New Year there must be a break, when the whale wants a short holiday like in December 2017, when early 2018 bitcoin experienced a decline, but for 2020 nobody knows, because of bitcoin dominate the market
Yes, and everything that happens to Bitcoin in every year will never be the same, because if you say usually before Christmas and New Year there must be a pause in Bitcoin price movements, were there any pauses in Bitcoin movement in 2018 and 2019 ?

Every year it cannot be same because from the past 2 years we haven't seen any price movement before Christmas and after Christmas. So we should always consider the crypto-based on the price movements in the market, Market will always give time to analyze and grab them when the market situation is in a downturn.

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November 23, 2020, 07:37:02 AM
 #56

well in my own opinion, it is not suffice to conclude the market is in general bull run. yes bitcoin have made significant moveup and currently challenging the ATH but most alts are still way far from their all time high. in fact, we cant say alts have done any significant moveup yet. in my opinion, the bull run will continue until alts bull run comes and it's completed

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November 23, 2020, 08:23:01 AM
 #57

soon will end, because now it has entered the overbought point. but I believe the price will not fall, it will start a consolidation. in this situation the altcoins began to move up. but not all altcoins will experience the movement. so we have to be careful if we want to buy altcoins or we will suffer losses.
Tht price of BTC/USD  reaching overbought is not a yardstick to determine whether the price will fall  completely rather two scenario is bound to happen the price might undergo a complete reversal while in some instances the price will retrace temporary before resuming the uptrend meanwhile in the case of the present overbought price of BTC its obvious the bull will be sustained while a pullback may be imminent  the positive fundamentals surrounding  BTC  market is the main catalyst responsible for the recent bullish runs and it is incomparable with that of 2017.

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November 23, 2020, 08:28:56 AM
 #58

soon will end, because now it has entered the overbought point. but I believe the price will not fall, it will start a consolidation. in this situation the altcoins began to move up. but not all altcoins will experience the movement. so we have to be careful if we want to buy altcoins or we will suffer losses.
Tht price of BTC/USD  reaching overbought is not a yardstick to determine whether the price will fall  completely rather two scenario is bound to happen the price might undergo a complete reversal while in some instances the price will retrace temporary before resuming the uptrend meanwhile in the case of the present overbought price of BTC its obvious the bull will be sustained while a pullback may be imminent  the positive fundamentals surrounding  BTC  market is the main catalyst responsible for the recent bullish runs and it is incomparable with that of 2017.
When the price is in overbought area, it doesn't mean that it will go to reversal easily. The price of the bitcoin is indicating strong bullish signal right now even though its RSI telling that its price is currently overbought. After the formation of today's candlestick, my expectation changed wherein I do not now expect retracement but I expect consolidation between $17,000 - $19,000, for me the price needs to move in that area for days or even week before it finally create a new higher high. The bull run is still in its early phase and probably I can say that the price is still cheap where the price can ever go expensive after the ATH breakout.
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November 23, 2020, 08:38:29 AM
 #59

Why you are asking it to stop when all of us (probably) are waiting for this moment to come?

This question is just like asking when Bullrun? And I know that no one can tell you then until such time that it shows already. I'd rather have enjoyed the rising moment of crypto space than thinking when it dumps. And the fact that it can't be seen also in the crystal ball, no one can ever tell. What we have now is to just be prepared because we all know that it surely comes someday.



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Rainbot
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November 23, 2020, 06:05:31 PM
 #60

Hey, i think another round of newbies getting entangled and trap in the current bull run is about to happen. we watch bitcoin move very fast from 15,000k to 17,000k within days . Not just the normal gradually process but as fast as we never espect.it looks exactly the same way it happened in 2017. many got trapped and they regrets the move. the ground is set and i am certain it will happen again.
Everything Mooning like someone is sitting somewhere pushing the gas. experience traders are riding the bull and making money, influencers are pushing those that care to listen while the Newbies are screening. GO BITCOIN, GO BITCOIN.
Just be careful and Never forget to use the stop lost(its like a seatbelt) because we will definitely meet the bears on our way up some day. But that day is not soon so lets enjoy the bull together.
Why are you worried about it because it is just getting started after btc and eth break previous highs only then real fomo will kickin, sellers will vanish from the market and we will be able to experience bull rockets i am especially excited because this will be happening after a long wait and a long bearish market.

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