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Author Topic: How long the Bitcoin Bull run continues  (Read 290 times)
Jawhead999
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February 06, 2021, 04:18:14 PM
 #41

because at least some other cryptos have gotten good support so far and so this year really becomes crypto season, hopefully this trend will continue throughout the year. Shocked
If you refer to altcoin season, then Bitcoin are in decline/crash and most of altcoin price will in bullish just like end of 2017 and early year of 2018. This wouldn't be altcoin season, it will be Bitcoin season... altcoin price are up since it following the hype of Bitcoin bullish.

Majority of the traders are make huge profit in this year
I don't know which article you've read it, but trading in this situation is very risky. I'd think it should be an holders who make huge profit since they buy before 2021.

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February 06, 2021, 04:26:16 PM
 #42

I don't expect a major bull run again this year. I think the market will do a steady movement up and down and not a super run like we saw in 2017 and last year which are all halving year. Therefore, the halving years have been instrumental for bull runs if this is historic we can now have it at the back of our minds when a major run can come in light. We are going to have steady but less volatile growth but I don't expect a 6 digit before another halving.

Nothing more major than what's already underway? Yes, this isn't a crazy 10x rally like in 2017, but at these figures, not far off from six-figure US dollar valuation, it's already considered pretty major. Touching 100k is "only" 250% increase from today's rates really.

I agree though, this is as far as it'll get for a parabolic run. More than that's not beyond the realm of what's possible but we've got a funny way of seeing numbers psychologically.

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February 06, 2021, 04:28:48 PM
 #43

If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.

If there is an increase in the demand of stablecoins like USDT it means the price of Bitcoin will also be increasing? Upon what bases are you putting forward this claim? Do you even have any?

 I mean that people are increasing their trading volume or may be more people are entering in crypto market and people who want to trade in different cryptocurrencies stablecoins like tether are a basic need for immediate profits.
Tether volume increasing = more investors or investments
Simple🤔
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February 06, 2021, 05:16:16 PM
 #44

How many times did Bitcoin touched $40k in this bull run? It seems like there's a new ATH coming in no time and the fact that after the $14k touching up to $42k within a month or more is enough already to be called as bull market. But it seems that it's not like the 2017 vibes that after a bull run and hitting an ATH it's gradually decreasing over time.

This is different from the past and it's understandable that almost everyone is expecting the bubble to burst but it isn't. I guess people did learned their mistakes in the past and is actually waiting for the right time to sell or get a profit. Plus considering there are bigger institutions supporting Bitcoin is a proof that Bitcoin will continue to rise over time.

We still don't know yet when this bull market continues or to stop but it doesn't mean hitting a six-digit price is possible this year. Or maybe it will, but that's just too much for now we might need some time or a new Bitcoin halving before we able to see such price.

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February 06, 2021, 05:45:15 PM
 #45

I guess you would had said the same thing years back if you saw the prediction of current value when bitcoin was trading below three digits. Bitcoin has a unique features that make it easy for any trading value to be achieved, timeframe used to achieve such value is what can't be predicted accurately but the price can be speculated on. The demand of bitcoin has been steadily increasing, we're yet to see the full potential although the specific figure highlighted in the OP might not be possible in this current bullrun.

As for the bullrun, it could possible last untill the end of the year and early next year before the dumps starts having it's effect on the market. For bitcoin to go as high as many speculators are expecting, we'll need more that just one bullrun. The next bullruns would definitely see bitcoin trading above $100k.
Even though I definitely think bitcoin will be 50k, 100k, 200k, 500k, 1 million dollars and will keep on going for a very long time and not stop and I think that Is quite possible, I also understand why people have doubt over why it may not happen as well. The reason is that from 1 dollar to 100 dollar just a billion dollars was enough, today in order to go from 40k to 50k it requires over 11 billion dollars, and that is the difference of 11X more money required for 1% of the increase difference, so it gets harder and harder.

We just have a huge difference when going up with the amount needed, going from 100k to 110k will be even harder, going from 150k to 300k will be basically a HUGE corporations level of difference, like nearly a whole Samsung difference, and that Is way too much for some people. I just think it is possible but I also understand why they think it Is not possible.

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February 07, 2021, 05:03:45 AM
 #46

I think we cannot predict on when the bull run ends, because bullrun depends on the market situation or in a supply and demand chain. I believe that after the bull run there would be a huge dump and i will wait for it so that i can buy and invest more bitcoin and hold it until time comes that we can get profit on it.

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February 07, 2021, 05:56:07 AM
 #47

I don't expect a major bull run again this year. I think the market will do a steady movement up and down and not a super run like we saw in 2017 and last year which are all halving year. Therefore, the halving years have been instrumental for bull runs if this is historic we can now have it at the back of our minds when a major run can come in light. We are going to have steady but less volatile growth but I don't expect a 6 digit before another halving.
It just like me. I also do not expect further price increases at this point in time. well, personally, I thought about the readiness issue that I did. however, there was too much FUD before the price increases occurred, and currently, the price is so high it makes the percentage of gaining more crypto more difficult. however, the current high is $ 40k, and I also don't expect any higher bulls for now before the next halving arrives. however, currently, the price is stabilizing at $ 38k, besides I think that 6 digits could be reached during the next halving. it makes a good benchmark for accumulating assets today.

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February 07, 2021, 06:23:42 AM
 #48

I think we cannot predict on when the bull run ends, because bullrun depends on the market situation or in a supply and demand chain. I believe that after the bull run there would be a huge dump and i will wait for it so that i can buy and invest more bitcoin and hold it until time comes that we can get profit on it.
There are some speculations that coming from Experts that can see the future specially in this time that New Administration is sitting in US government.

But of course accuracy cannot be 100% so there is no wrong to become obedience and aware of the situations.
because in short period of time there can be changes that either will favor our investments or will Not.









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February 10, 2021, 06:17:38 PM
 #49


if you really analyze the market thru some indicators, the market today is already overbought. if it just an ordinary days that fomo wasn't activated, the price probably had been dumped hard but institutional investors are coming thanks to Saylor.

If elon musk has plans to make doge up to $1 then i guess that's your cue there. once doge turned $1, you can then dump everything for crash time is about to commence.

The market has been overbought for some time but there is not really a sign that a crash is coming we have seen many times in the past not only in this market but in many markets that an asset can remain overbought for weeks, months and sometimes even years and despite people predicting that a crash is coming it doesn't happen until way later, so I think we could be seeing something similar in bitcoin now, because with the way that things are going in the economy people are going to keep buying bitcoin despite its high price.
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February 10, 2021, 10:39:58 PM
 #50

I think we cannot predict on when the bull run ends, because bullrun depends on the market situation or in a supply and demand chain. I believe that after the bull run there would be a huge dump and i will wait for it so that i can buy and invest more bitcoin and hold it until time comes that we can get profit on it.
There are some speculations that coming from Experts that can see the future specially in this time that New Administration is sitting in US government.

But of course accuracy cannot be 100% so there is no wrong to become obedience and aware of the situations.
because in short period of time there can be changes that either will favor our investments or will Not.
I hope Biden will support crypto as they have some discussion about this.

Experts can be right or wrong, I'm listening to them but not really I was trusting any from them. We know how volatile we are and it all remains unpredictable, so probably what they say is most likely not right.

Anyway, this never stops me from being positive towards the market, Bullrun could end soon, I have no worry about it. It really happens sometimes and we have to accept it.

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February 10, 2021, 11:08:33 PM
 #51

Majority of the traders are make huge profit in this year
I don't know which article you've read it, but trading in this situation is very risky. I'd think it should be an holders who make huge profit since they buy before 2021.
I agree with TinaK because I'm an example, I earn over $300 only this February because we in the bull market and make so many coins easily pumped. I only use around $1K capitals. If I using 10K my earning over $3K only in February. This is only an example from me. Many people earn more than me in this bull tren

Are you believe that my friend earns $100K+ in just a night?? hard to believe isn't it, but that's how it is

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February 10, 2021, 11:42:30 PM
 #52

It is very fast that Bitcoin has risen to the current price of $ 45k, so there have been many predictions for the Bitcoin price that Bitcoin will  achieve
this year. Of all the predictions that have emerged, I think the most realistic one to achieve is $ 100k. Because for Bitcoin it reaches prices above
$ 100k, requires several more large companies to invest in Bitcoin. And that won't happen this year, large companies require a lot of calculations
to decide to invest in Bitcoin. Which is the Bitcoin price is very volatile, while large companies may not invest in small amounts. While TESLA dares
to invest in large amounts of Bitcoin, because of the influence of Elon Musk who does have a large stake in the TESLA company.

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