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Author Topic: Is this the long awaited bull run?  (Read 1235 times)
Ziskinberg
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December 17, 2020, 10:44:01 PM
 #141

If you tell this is the bull run for bitcoin then it might be but not for crypto world. If you take a look on market that only bitcoin price is growing but others coin only growing in usd price.
But overall looks like normal but bitcoin price is maybe higher little but 2~4k.

That's basic for the current movement now, yes, bitcoin rises big time but altcoins are left behind, however, we are still seeing some minor increase and that's already significant knowing the dominance of bitcoin is significantly high.

Bitcoin will continue to be bullish for some time, it just break to a new ATH this month, so I guess it will continue next month.

The market is full of surprise but we can't be unrealistic here because it's a difference scenario now compared to the last bull run where bitcoin's dominant rate have dropped to below 40%.

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December 17, 2020, 10:54:57 PM
 #142

whether this has entered the bullrun season or not,
because when the Bitcoin price wanted to reach $ 20k suddenly a dump happened,
of course this made everyone feel annoyed, because there was a little less bitcoin price reaching the new ATH.

The 20k time already passed by bitcoin it's not we are about going to the 30k.
This is the most awaited bullrun by a lot of people. there are so many people have been starting to shorting the market. I will be trying to do that too when the dump happened.
So far bitcoin can still stable on its current price. ATH already surpassed by bitcoin and we are about going to the moon.

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December 18, 2020, 06:51:38 AM
 #143

If you tell this is the bull run for bitcoin then it might be but not for crypto world. If you take a look on market that only bitcoin price is growing but others coin only growing in usd price.
But overall looks like normal but bitcoin price is maybe higher little but 2~4k.

We should wait for the altcoins to increase their prices based on the price of Bitcoin, as of now, Bitcoin price is increasing but most of the altcoins is struggling to increase. Bitcoin should become stable otherwise, altcoins prices will fluctuate like this.

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December 18, 2020, 11:38:00 PM
 #144

If you tell this is the bull run for bitcoin then it might be but not for crypto world. If you take a look on market that only bitcoin price is growing but others coin only growing in usd price.
But overall looks like normal but bitcoin price is maybe higher little but 2~4k.

We should wait for the altcoins to increase their prices based on the price of Bitcoin, as of now, Bitcoin price is increasing but most of the altcoins is struggling to increase. Bitcoin should become stable otherwise, altcoins prices will fluctuate like this.


As a lot are still focus right now in bitcoin, most alts are now forgotten especially those that have no reason to exist in the first place. Only few alts can keep up with the bitcoin's performance. From the time the OP posted this thread, we were at 19k level and look at how much the btc achieved, not even a month after his post. We achieved a new ATH and seems that there is no stopping yet. We waited 3 years for this to happen and I believe, this time, the foundation of 20k level is more solid than before.
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December 19, 2020, 08:55:46 AM
 #145

I accept this bull run will be unique in relation to the one of three years back that achieved the at of $20k, thing is first there was a pandemic that made a considerable amount of Bit coiners really question that there will be an impact of this years btc dividing on the cost. There's are gossip around that there will be all the more long haul bullish run which we have been anticipating, yet we should sit tight for this talk transform into the real world.

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December 19, 2020, 11:59:38 AM
 #146

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?

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December 19, 2020, 12:59:19 PM
 #147

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
It's just less than $100 away from the All Time High (ATH) I think this is the bull run we are all waiting for. Maybe it wouldn't up ending here we might not know it can still increase more.
Yes its still keep moving to the up .Really the market is on good position as we were expected .Btc has passed the previous ATH level and altcoin are gradually pumping like eth .We wanted such a trend for long time at last we got that and also hope it will keep the trend always .

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December 20, 2020, 02:20:04 PM
 #148

The long awaited 4 years bull run after the bloody death on many project and many ppl got rekted very badly, Atleast there is chance for recover, ppl hoping their money got back at previous state, the point most ppl will cashout after bad dream

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December 20, 2020, 03:47:39 PM
 #149

Everything looks almost the same in 2017 which at the beginning of the year many FUDs were circulating resulting in the price of BTC at that time around $ 1000 and in the middle of the year the ICO hype was so popular that it slowly pushed up BTC prices and reached $ 20k, the difference is now the hype that occurs is DEFI hype which was accompanied by a pandemic, but the price of bitcoin has passed the ATH which has not been able to be achieved for a long time, even though the impact of touching bitcoin ATH has not been seen by looking at the top 10 CMC altcoins currently no one has been able to touch their ATH since 2018. but I hope that history will repeat itself.
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December 20, 2020, 03:52:08 PM
 #150

Everything looks almost the same in 2017 which at the beginning of the year many FUDs were circulating resulting in the price of BTC at that time around $ 1000 and in the middle of the year the ICO hype was so popular that it slowly pushed up BTC prices and reached $ 20k, the difference is now the hype that occurs is DEFI hype which was accompanied by a pandemic, but the price of bitcoin has passed the ATH which has not been able to be achieved for a long time, even though the impact of touching bitcoin ATH has not been seen by looking at the top 10 CMC altcoins currently no one has been able to touch their ATH since 2018. but I hope that history will repeat itself.
I believe that the current situation in the cryptocurrency market at the present time can be compared with 2017 in only two parameters, namely, the achievement of the next maximum in the price of Bitcoin and the corresponding influence of halving. But as for the cryptocurrency market, it looks more stable and moderate today than it was 3 years ago.
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December 20, 2020, 05:26:56 PM
 #151

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?

To answer your question, you need to see the big picture of the development of the crypto industry. Each answer must always be substantiated and I want to substantiate my answer based on the history of the development and formation of the crypto market and the prices of crypto assets. If we look back at what happened to the crypto market, we can see a number of patterns. One of them is the fact that there are repeating events. You can call them cycles. Each cycle lasts for four years. If we start from this, then the beginning of the last cycle was in 2018 and since there are 4 years in the cycle, it turns out that the last year of the cycle will be 2021, but as we know, at the end of the cycle there is always a flight to the moon. Based on this, we can assume that now we are observing the beginning of a flight to the moon. Moreover, BTC has already reached its previous maximum and will now only go up. Personally, I see it this way, but of course I could be wrong.
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December 20, 2020, 09:41:01 PM
 #152

yes 3 years is a long time, and of course this requires a lot of patience to hold Bitcoin,
I'm sure many people have sold it, and congratulations for those who are still holding.

Bull run it is, but not as big as the bull run last 2017 because we are seeing altcoins market is not that bullish.

Bitcoin's new ATH has already been achieved this year, the 3 years of long drought really convince us that bitcoin is not gonna make a new ATH soon, but here it is, right in front of our eyes, so let's see what will happen next, good luck!
This bull run could be as big as the last one but the distribution among the coins in the market could be completely different, as you have noted bitcoin has reached a new ATH but altcoins are nowhere near their own ATH, this suggest that in the case the market grew as much as it did at the end of 2017 that most of the growth is going to be concentrated on bitcoin which means that people should at least for the time being stop investing in altcoins and choose bitcoin over them.

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December 21, 2020, 08:33:31 AM
 #153

The long awaited 4 years bull run after the bloody death on many project and many ppl got rekted very badly, Atleast there is chance for recover, ppl hoping their money got back at previous state, the point most ppl will cashout after bad dream
There have been so many coins going to the graveyard from 2018 to the 2020 and people who have invested in these coins will never recover their money again. The people who able to recover their money are those who have been investing their money into the major coins like bitcoin ethereum or another legit altcoin.

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December 21, 2020, 09:35:21 AM
 #154

yes 3 years is a long time, and of course this requires a lot of patience to hold Bitcoin,
I'm sure many people have sold it, and congratulations for those who are still holding.

Bull run it is, but not as big as the bull run last 2017 because we are seeing altcoins market is not that bullish.

Bitcoin's new ATH has already been achieved this year, the 3 years of long drought really convince us that bitcoin is not gonna make a new ATH soon, but here it is, right in front of our eyes, so let's see what will happen next, good luck!
This bull run could be as big as the last one but the distribution among the coins in the market could be completely different, as you have noted bitcoin has reached a new ATH but altcoins are nowhere near their own ATH, this suggest that in the case the market grew as much as it did at the end of 2017 that most of the growth is going to be concentrated on bitcoin which means that people should at least for the time being stop investing in altcoins and choose bitcoin over them.
People were discourage on altcoins in the last bull run, a lot of coins goes scam and people lose a lot of money on them, so this time they will not make the same mistake, instead, they focus on bitcoin to invest but I'm also seeing that the price has been overvalued so probably a dump is expected soon.

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harapan
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December 21, 2020, 02:21:51 PM
 #155

Everything looks almost the same in 2017 which at the beginning of the year many FUDs were circulating resulting in the price of BTC at that time around $ 1000 and in the middle of the year the ICO hype was so popular that it slowly pushed up BTC prices and reached $ 20k, the difference is now the hype that occurs is DEFI hype which was accompanied by a pandemic, but the price of bitcoin has passed the ATH which has not been able to be achieved for a long time, even though the impact of touching bitcoin ATH has not been seen by looking at the top 10 CMC altcoins currently no one has been able to touch their ATH since 2018. but I hope that history will repeat itself.
don't worry because if bitcoin can maintain its price until next year, the top altcoins will also reach their ATH soon, now everyone is still focused on bitcoin

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namcunguyen
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December 21, 2020, 03:03:20 PM
 #156

Of course, because all investors are looking forward to it and it's almost the end of 2020 Bitcoin is back, it's long been expected that this bull run and investors are seeing Bitcoin surpass the price of $20,000 and hitting $ 24,000. All attention is on Bitcoin and the crypto market.
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December 21, 2020, 03:08:52 PM
 #157

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
This is like a bull run in 2017 but for when it will last for a long time is not certain because right now the most important thing is to look at the market, if the market always has a positive movement it might take longer to last this bull run. but if the market signals a negative signal then a dump like 2019 could occur.
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December 21, 2020, 03:14:48 PM
 #158

don't worry because if bitcoin can maintain its price until next year, the top altcoins will also reach their ATH soon, now everyone is still focused on bitcoin
Yes, and chances are Bitcoin price will indeed last until next year, but at what number the price will last, it is very difficult to know, what is clear is that if Bitcoin has increased again in early next year, then the top Altcoins will also follow suit although it will not really be Lots.
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December 21, 2020, 03:51:26 PM
 #159

don't worry because if bitcoin can maintain its price until next year, the top altcoins will also reach their ATH soon, now everyone is still focused on bitcoin
Yes, and chances are Bitcoin price will indeed last until next year, but at what number the price will last, it is very difficult to know, what is clear is that if Bitcoin has increased again in early next year, then the top Altcoins will also follow suit although it will not really be Lots.
That's expected, but the question is will bitcoin still continue to increase or will it make a new ATH again after the correction. Normally when bitcoin had significant increase the correction will be deep too.

Check on the graph and you'll see its trend.

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

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December 26, 2020, 07:41:44 PM
 #160

This bull run could be as big as the last one but the distribution among the coins in the market could be completely different, as you have noted bitcoin has reached a new ATH but altcoins are nowhere near their own ATH, this suggest that in the case the market grew as much as it did at the end of 2017 that most of the growth is going to be concentrated on bitcoin which means that people should at least for the time being stop investing in altcoins and choose bitcoin over them.
People were discourage on altcoins in the last bull run, a lot of coins goes scam and people lose a lot of money on them, so this time they will not make the same mistake, instead, they focus on bitcoin to invest but I'm also seeing that the price has been overvalued so probably a dump is expected soon.
Correct, while an expensive lesson many investors learned right then that all the promises that altcoins gave to them were empty and when given the opportunity the developers of those cons will scam them knowing they could for the most part get away with it, so when they came back to the market thinking they could scam investors again they have found out that the interest in their projects has disappeared and except for newbies most established members of this market are never going to believe their lies once again.

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