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Author Topic: When will the current Bull run stop  (Read 1501 times)
aundroid
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November 23, 2020, 06:59:13 PM
 #61

Just a well meant advice: When friends and family start texting you about how to invest in btc and the MSM begin to report positively about cryptocurrencies.
Sell!

At the moment nobody from my friendship has asked me anything, so we should have a while until top.  Wink

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November 23, 2020, 07:14:36 PM
 #62

I don't think it's just getting started, it could sell off anytime soon as the Chinese New Year in the European countries is approaching. As in previous years, when there were occasions to welcome the new year or Christmas, the Crypto Market was immersed in a sea of blood. So Bitcoin will only hover around $ 18k5 - $ 19k5 in the coming days, but at the end of the year there will be a strong correction. If the selling is too strong, it could send Bitcoin into downtrend again.

This time will be enough for us to see the growth of altcoins to their previous values. And the longer bitcoin remains in consolidation, the more likely it is that its dominance will decrease to 55%. But in any case, I still expect an increase in the price of bitcoin, which will exceed $ 20000.

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November 23, 2020, 07:41:12 PM
 #63

I think it is different, because the major driver of the market in 2017 is different from what is driving the market now. Presently there is better possibility for future adoption than it was in 2017 (which was solely based on hype). The present adoption is much stronger and cryptocurrency has gained a lot of recognition worldwide and it's getting adopted as a real asset, that's worth investing in.

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November 23, 2020, 07:53:54 PM
 #64

Bitcoin price currently touches US $18,349 per coin and clearly this is the highest record price for bitcoin in the last three years since reaching US $20 thousand per coin in December 2017, the increase in bitcoin prices is indeed quite strange nowadays because usually if the price of bitcoin experiences a bull run, of course, it will be followed by an increase in other altcoin prices, but in fact it seems as if bitcoin just wants to run alone right now, maybe several factors such as the current weakening of the dollar and the result of the increasing number of people who started investing in bitcoin during this covid-19 pandemic.

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November 23, 2020, 08:10:04 PM
 #65

I saw your topic and I was like, when did the bull start running that you ask when it's gonna stop, well, we all know it will definitely end but the rising is quite more speedy than that of 2017 and we expect that it's gonna be higher this time around. It's just kick starting and it will still be on till at least mid next year, but anytime from October next year by my own prediction get ready for anything.
It was not really the fast bull of 2017 but it's now a good sign that even without too much ICO, projects many still invest in Bitcoin or many altcoins holders just shift back to Bitcoin these pandmenic may also open people to idea of trading crypto whic easily recovers from Pandemic lockdown. We will know by January to March whether price will have correction or will drops like after a 2017 ATH.

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November 23, 2020, 08:14:29 PM
 #66

Bitcoin price currently touches US $18,349 per coin and clearly this is the highest record price for bitcoin in the last three years since reaching US $20 thousand per coin in December 2017, the increase in bitcoin prices is indeed quite strange nowadays because usually if the price of bitcoin experiences a bull run, of course, it will be followed by an increase in other altcoin prices, but in fact it seems as if bitcoin just wants to run alone right now, maybe several factors such as the current weakening of the dollar and the result of the increasing number of people who started investing in bitcoin during this covid-19 pandemic.

wait, bitcoin price hit more than $18k but if you see the alt price is increasing now, even ethereum alomost touch about $600 and xrp growing more than $0.5 and i think altcoins is getting ready to follow the movements of bitcoin my friend

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November 23, 2020, 08:26:23 PM
 #67

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

This is what makes the picture difficult to understand or predicted since altcoins have not followed the bitcoin bull. 2017 was uniform and came down in same way but now the etheruem isn't running like bitcoin or any other doing a good follow u. However, maybe after this year we can have little bear.

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November 23, 2020, 08:29:47 PM
 #68

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.
I hope this bull run will continue till atleast bitcoin hits $250k and ethereum $10k atleast, we seen such gains in kany coins in the past so it is not impossible i know some people wills ay it is not possible but in 2015 when bitcoin was trading below 200 no one thought it was possible for btc to hit 20k in 2017.

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November 23, 2020, 08:36:21 PM
 #69

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.
I do not know how long this bull run will be but im here to support and hold my coins for longterm.
I know taking profits is good or ideally you can grow your portfolio by adjusting the coins nesr peaks and supports. But i will look to cashout partially only if i would be in need of money otherwise i will hold it all.

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November 24, 2020, 02:32:01 AM
 #70

The current bull run is very good for Bitcoin (around $18k) because it is almost reach all time high ($20k)
On the other hand, Ethereum is still far from All time high because the current price is only around $600.
I don't know if the current market will stop to bullish anymore but as we can see, the price is still rising.

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November 24, 2020, 06:30:07 AM
 #71

Do not put all your eggs in one basket and do not always think the price will continue to increase as it is in the current bull run. The way bitcoin can go 100% rise within a day so also the price can fall -100% in few hours. Take your profit and invest in some other promising coin. However, it seem the current bull run is being influenced by so many factors including the paypal ish and many other adoption by big companies and individual. So we might see a much longer bull runs
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November 24, 2020, 06:59:17 AM
 #72

I think this bullrun is organic and the main catalyst is the Paypal which now accepts cryptocurrency. People are buying bitcoin using Paypal and this is mass adoption at its finest, there will be a correction but i think this bullrun will continue up to 2021.

Maybe Paypal allows their members to buy bitcoin directly from their account help the bitcoin price to increase. If that so, people who use Paypal will realize that they don't have to go to the exchange to buy bitcoin, and they will feel that buying crypto will easy than before. All Paypal members have verified members who will not have a problem buying and selling bitcoin at their account. But we all do not yet see the real bull run because what we see now is only a beginning before the real bull run comes. When the bull run comes, that can trigger many coins to increase, including bitcoin. Bitcoin will start the rally to the next ATH, which can be so high.

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November 24, 2020, 07:18:40 AM
 #73

Are you saying its too late to start buying bitcoin? I think you are wrong because the bullish trend is just getting started, what makes people lose money in last bullrun is because of greediness, the market never crashed instantly like those pump and dump projects, it goes down bit by bit and greed people still failed to pull out what they can

I totally agree with you, this is only the beginning of the next bull run , and massive adoption!
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November 24, 2020, 07:40:36 AM
 #74

I think as soon as bitcoin will cost more than 20k there will be a lot of news about it and many people won't buy it at that price. I think that after 20k the price will fall but the price will not go below 11k. I think the price of bitcoin will fall when the correction starts in the stock market.
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November 25, 2020, 05:38:50 PM
 #75

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.
While without a doubt that is a possibility at the same time there is potential for an even bigger growth, the market has the potential to go completely crazy after we surpass the ATH of bitcoin and people are going to be incredibly excited about what it is in store for bitcoin, but at the same time you need to have your stop loss ready because if there is a flash crash you do not want to be one of those that loses all of their profits just because a whale decided to sell their coins.

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November 25, 2020, 06:01:36 PM
 #76

I must honest to say,you definitely are a wise man.At the beginning of BULL you are already considering its end. To be prepared for a rainy day.
But what time is the end?I bet nobody knows,i deem the safest method is to sell all the coins or convert them into BTC.
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November 25, 2020, 09:07:55 PM
 #77

I think as soon as bitcoin will cost more than 20k there will be a lot of news about it and many people won't buy it at that price. I think that after 20k the price will fall but the price will not go below 11k. I think the price of bitcoin will fall when the correction starts in the stock market.

If that is certain, how could anyone want to buy bitcoin when it reaches $20k, but there are exceptions if the rich will still buy it. For now it's better to focus on increasing the amount of bitcoins before it's too late.

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November 25, 2020, 11:15:31 PM
 #78

I think as soon as bitcoin will cost more than 20k there will be a lot of news about it and many people won't buy it at that price. I think that after 20k the price will fall but the price will not go below 11k. I think the price of bitcoin will fall when the correction starts in the stock market.
You didn't do proper research because Bitcoin price pump just started. Bitcoin's highest pump was 19.3k but now we're in the same situation without altcoins. When the Bitcoin pump takes the rest, altcoins takes the lead. I don't think Bitcoin could hit 11-12k again. This bull run will be long until next year finishes.

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November 25, 2020, 11:36:43 PM
 #79

In my opinion it's a time for investors to accumulate due to large institutions that are investing heavily in the market. We can find reference on any Bitcoin news portal but in relation to the high there is no possibility to predict when it will stop or if the volume will increase. So it's a wave in which we must surf and be high or low depends on strong hands.

Maybe it's time to wait for support in the graphics to become more solid.

Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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November 25, 2020, 11:42:43 PM
 #80

no one knows when it's going to stop, but this time it's different than the one on 2017, with covid-19, paypal and markets are going down
crypto would takeover, i hope we can live in a world that crypto is the world's currency, that would be awesome.
but if you are aware that currently the spread of covid-19 occurs due to direct physical interaction with buyers and sellers whereas if you realize that everything will be safe if you make transactions using digital currencies such as cryptocurrency so that the virus will be difficult to spread, so from this point of view I am feel the presence of cryptocurrency is very important for better transactions and should be expensive as happened at some time.

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