Seems like the bullrun is over this year!

[jostorres]

The price moved really fast to that high, I was not expecting it to be that high within a short time like this. I thought it would have taken more time to be going slowly until it achieves that high price and eventually reach a new ATH price, because judging with how it has been moving earlier this year, it was giving like about one month gap before crossing to a new price, but this time around it just moved with speed and he next thing we have it $20,000 and almost approaching the ATH. Maybe it’s all these Grayscale, PayPal and the rest of them that triggered the fast move hence in my view, bull-run is not yet over; expect more exciting days ahead.

[darewaller]

I understand that people do not like it when others tell them that they are wrong. After all we would like to believe that we are all right, however at the end of the day we are all humans and humans do make mistakes.

I believe this topic is all wrong, we are not going to suddenly stop the bull run. If we are going to ever see a stop of the situation, it should be taken a lot more significantly and we would see it, however there is nothing significant about our falls of recent, and we have recovered from them pretty easily as well. Which goes to show you that we are not going to stop with the bull run, we are going to have a lot bigger increases very soon.

All I can think of right now, is maybe we are going to give a little break that is all to take a breather and that is only natural after increasing this much.

[militiariko]

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

There is no how to define or determine that the bullrun is over this year; bitcoin price movement is still firm and in an correctional state; it is normal for bitcoin and crypto currency to experience a bull run; then a price correction which follows almost immediately. Before investing during a bull run; ensure that you will have an opportunity to take profits. Always do your own research.

[cytpoway121]

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

You never can tell when the bulllrun will be over; because in this month alone; there has been price correction and bitcoin even went back to 19,000 before another correction; a mistake i think you made is that you refused to draw out a plan, research, monitor price charts and analyze bitcoin price movement. Instead of buying the dip, you bought the hike. Also more importantly; you should use funds that you can part with (with no pain) for bitcoin and crypto currency investment.

[mardaed]

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

Does your daughter knows that you use her money? Well don't expect you will gain profit after 3 days you should wait a couple of weeks maybe or months or longer for long term investment so far the price of the Bitcoin is at its peak (or not) we should wait until 2021 to see what will happen.

[KTChampions]

Bullrun is just about to start, Bitcoin price is still above $ 19000,
if Bitcoin experiences only $ 2000 then Bitcoin price reaches a new ATH,
this will happen as soon as possible don't worry about that bullrun will end,

I must note that we arrived at the current levels rather slowly - nothing like a hype or a bubble, it looks like a simple organic growth. If the hype does arise, then bitcoin can make a huge jump from the current levels (I'm sure there will be a deep correction later, but it will be later).

[hossamdz]

rule number 1 in crypto : never invest what you are not ready to lose , im sorry for your loses .
for the bullrun and exactly altcoins's its not started yet because bitcoin is taking all the dominance so bull run can start anytime tomorrow and can start in the next year , nothing is confirmed yet.

[newwest]

Bullrun is just about to start, Bitcoin price is still above $ 19000,
if Bitcoin experiences only $ 2000 then Bitcoin price reaches a new ATH,
this will happen as soon as possible don't worry about that bullrun will end,

I must note that we arrived at the current levels rather slowly - nothing like a hype or a bubble, it looks like a simple organic growth. If the hype does arise, then bitcoin can make a huge jump from the current levels (I'm sure there will be a deep correction later, but it will be later).

Organic growth is the best thing to happening bitcoin rather than a sudden rise of couple of thousand $ instantly and then falling more badly and quickly. So this growth could mean that it could be long lasting and we just might see the beginning of 2021 with above 20k as currently it is still trading around 19k .

[Viscore]

Never say that it was over. In fact, we still remain high at $19,000 plus, the momentum still there and even we saw a few dumps in the past days moving back below $18,000 but it climbs back again. $20,000 has near to reach, probably it takes a few days or even weeks to finally get it. We still have a few days before we end this year, the thrill isn't over yet, and thus can't till when Bullrun is over.

[KTChampions]

I must note that we arrived at the current levels rather slowly - nothing like a hype or a bubble, it looks like a simple organic growth. If the hype does arise, then bitcoin can make a huge jump from the current levels (I'm sure there will be a deep correction later, but it will be later).

Organic growth is the best thing to happening bitcoin rather than a sudden rise of couple of thousand $ instantly and then falling more badly and quickly. So this growth could mean that it could be long lasting and we just might see the beginning of 2021 with above 20k as currently it is still trading around 19k .

Exactly. That is why I am not a bull run and hype enthusiast - they usually end badly and there are a lot of disappointed people who then hardly perceive the crypto as a good tool to use. I would be glad even if the price stood still, but the area where you can use the crypto was increasing.

[NorrisK]

I wouldn't mind a nice retrace back to 16k or so by January 1st. After that it can go full bullmode and blast those targets. Saves me some in taxes

[ardentvolcanoes]

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

There is no how to define or determine that the bullrun is over this year; bitcoin price movement is still firm and in an correctional state; it is normal for bitcoin and crypto currency to experience a bull run; then a price correction which follows almost immediately. Before investing during a bull run; ensure that you will have an opportunity to take profits. Always do your own research.

Ensure that you are prepared to whatever things that will happened. Many newbies forget about doing their research before taking their step inside

this market, crypto / bitcoin is really volatile and have a lot of fluctuations. If you are not aware you'll lose in a blink of an eye but if you have knowledge

about it then the chance to earn is also good and very possible.

[TGD]

I wouldn't mind a nice retrace back to 16k or so by January 1st. After that it can go full bullmode and blast those targets. Saves me some in taxes

Blowing the current price below 17K USD next year will surely create havoc on BTC community. It just mean that Bulls are weakening and might be a dejavu on the last bull run. I'm hoping that BTC will above 20k USD next to start a fresh uptrend. Holding the 20K USD mark will mak traders confidence to acquire more and its a confirmation price that a new uptrend form.

[Wysi]

This is not new as there will always be correction periods and fluctuations when it comes to crypto/Bitcoin market. We cannot term this as end of bull run or start of bearish market. We have seen numerous such fluctuations wherein it hardly takes few days of week for bitcoin to recover the value, I would request you to remain calm and don't be a panic seller and keep yourself updated with all the price alerts to make sure atleast you don't lose further money from your daughter's savings. Bitcoin will pump up and achieve $20k by the end of this month.

[stomachgrowls]

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

Cant say if you're late or still able to make it through because the price had tanked at this moment but there arent signs that it would be going up either.Thing here is that you do able to invest
your daughters savings which i would say that it is a risky move to be done unless if you do know the risk of losing here on crypto market then its up to you but basing up on your own words on
losing some of it due to market conditions then i precisely say that you are just new here.New people will really be having this kind of common action when they
do saw that is currently hyping and making themselves making out dumb decisions on investing their savings or all assets on the current run.

Dont let yourself dragged with FOMO because you wouldnt know if you had already bought when the price is already into its peak and when the market tends to shift
then its either you would make out some panic selling action or will really be holding like how many years just like to those people who bought 20k peak in 2017
and now they do only able to sell it off after 3 years.

For now, we cant tell if the bull run is over.Thing here is that you do know to follow up into your plans.

[error08]

I wouldn't mind a nice retrace back to 16k or so by January 1st. After that it can go full bullmode and blast those targets. Saves me some in taxes

Blowing the current price below 17K USD next year will surely create havoc on BTC community. It just mean that Bulls are weakening and might be a dejavu on the last bull run. I'm hoping that BTC will above 20k USD next to start a fresh uptrend. Holding the 20K USD mark will mak traders confidence to acquire more and it's a confirmation price that a new uptrend form.

It may happen as people tend to sell at the end of the year, a retraction below $17k won't be havoc, just a normal thing in the market. Bitcoin movement seems going sideways in the last week, fluctuating within $18k-$19k but can't break the resistance, if it last for 2-3 weeks people may consider to sell rather than hold.

[Oasisman]

I wouldn't mind a nice retrace back to 16k or so by January 1st. After that it can go full bullmode and blast those targets. Saves me some in taxes

Blowing the current price below 17K USD next year will surely create havoc on BTC community. It just mean that Bulls are weakening and might be a dejavu on the last bull run. I'm hoping that BTC will above 20k USD next to start a fresh uptrend. Holding the 20K USD mark will mak traders confidence to acquire more and it's a confirmation price that a new uptrend form.

It may happen as people tend to sell at the end of the year, a retraction below $17k won't be havoc, just a normal thing in the market. Bitcoin movement seems going sideways in the last week, fluctuating within $18k-$19k but can't break the resistance, if it last for 2-3 weeks people may consider to sell rather than hold.

If the price range like this last for 3 weeks, I believe It theres a huge chance for Bitcoin to break the $20,000 barrier.
As you can see, there was a strong support at $18,000 and Btc tends to bounce back a few hours right after It touches the support level.
People are still eager to see the $20,000 figure.

[STT]

The important note at this time is the convergence of moving averages which shows a slowing of momentum over upto the last week.   We challenged both today but remain up with the area of both, I'm sometimes told the direction and nature to movement can be more important then just price alone so for example the direction of 200 day and all the lesser measure is still rising which is extremely positive so to judge negatively now is still the exception.   Weekly is still rising but if we can see the 2 day average drop below weekly it would be some signal to the bears to try some selling.    Dollar hasnt moved anywhere especially, I dont believe any larger picture news is really forcing us to correct downwards hence the bias is still upwards just with some caution for this latest hesitancy, the OP calling the bullrun over is still far too early.

[lunnatic]

Bitcoin is still stuck at $ 18500 strong support, and trying to get back up to $ 20k,
is it over? for me it's still early days, it's better this way, because the sudden increase will be a disaster, like 2017

[pixie85]

Bitcoin is still stuck at $ 18500 strong support, and trying to get back up to $ 20k,
is it over? for me it's still early days, it's better this way, because the sudden increase will be a disaster, like 2017

The low at this point is around 18300 on bitstamp, even if we measure only candles and ignore wicks.

We can go lower and we will. Maybe not today but I'm petty sure we're going to reach real low support of 13000 somewhere in the coming weeks and it's still going to be bullish. As long as we're not setting up new lows every week the bull market is on the right track to a new high. People made so much money that it would be foolish of them not to bet on a correction.