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Author Topic: Bull run: will it end in May?  (Read 626 times)
sayaya17
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February 11, 2021, 11:34:58 PM
 #41

History does sometimes repeat and influence, and you apply that because it has been experienced by bitcoin. However, I have not thought
that the month of May 2021 will be the peak of bitcoin and return to the bearish market. However, it is better that we are not too greedy to
get the top price if we are now already profiting from investing and trading bitcoin.

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February 11, 2021, 11:56:51 PM
 #42

I think this bull will long live and whole 2021 will be the Year of cryptocurrency. Price of almost all coin including Btc,Eth,Dot,Egld and many others jumps to ATH. Doge coin also hit 0.07.

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February 12, 2021, 04:18:12 AM
 #43

The theory could be different all the time. We can’t expect bitcoin to follow the older patterns since many factors are constantly changing with the time. I don’t think we can even closely compare 2021 bitcoin with that of 2016-17. That was completely different chapter with lack of popularity, little to no institutional investors back then, less influencers and different government authorities lacking the confidence in bitcoin or cryptography.

Today we see whole new era of factors influencing the bitcoin price movement. It’s been more and more popular today with highly recommended asset for investment. This will add up more investors along the way.

The result? Well, it would go up in the future or may stabilise at the current rate. May go down into hell prices but not for very long. In short its always unpredictable asset due ever changing factors around it.
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February 12, 2021, 06:01:32 AM
 #44

History does sometimes repeat and influence, and you apply that because it has been experienced by bitcoin. However, I have not thought
that the month of May 2021 will be the peak of bitcoin and return to the bearish market. However, it is better that we are not too greedy to
get the top price if we are now already profiting from investing and trading bitcoin.
benefit from the trade which is currently being increased, of course everyone is expected.
but I also appreciate your opinion that don't be too greedy when you get profits and still hope for higher prices. but we cannot stop people from looking for opportunities constantly because people's character is clearly very different and it is unlikely that what we tell them will be accepted.
in fact, your goal is right and educate so that greed can be inversely proportional when in practice it can actually be detrimental.

About that the month of May 2021 is the peak of bitcoin, until now no one can confirm it correctly and only estimates. If you look at the first and second halving of the end of the increase in November and December, whether it will be the same or even earlier is also not sure.
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February 12, 2021, 12:28:54 PM
 #45

I think this bull will long live and whole 2021 will be the Year of cryptocurrency. Price of almost all coin including Btc,Eth,Dot,Egld and many others jumps to ATH. Doge coin also hit 0.07.
This is what I have observe almost coins are up trend which is suprising to crypto users. In doge coin a lot hype happening but with regards in bull run in my opinion it will take long this year. Many coins had rise in the market so lucky to those who are strong hands because they are gaining huge profit already.
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February 12, 2021, 12:33:20 PM
 #46

I think this bull will long live and whole 2021 will be the Year of cryptocurrency. Price of almost all coin including Btc,Eth,Dot,Egld and many others jumps to ATH. Doge coin also hit 0.07.

We don't know how long it will survive, but based on the recent investment by Tesla owner, many other institutions are showing a lot of interest in cryptocurrency investment and everything we should wait and see, most of the active development coins are increasing the prices and reaching to their
ATH easily.

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February 12, 2021, 12:38:35 PM
 #47

First of all, you don't ask strangers when to sell your Bitcoin, because it's yours and you're the one who should decide whether to sell it or not. But if you're doing to to get everyone's opinion to gives you assurance, please stop it. No one knows the exact time of when will be the market enter bearish trend again, or will it continue to climb up? it's like asking the price prediction accurately.

Like what somebody already mentioned here, probably you should start learning technical analysis to give assurance to yourself on when to sell your Bitcoin and other Cryptocurrency, because that's more productive and profitable in the long run.

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February 12, 2021, 01:04:19 PM
 #48

I think this bull will long live and whole 2021 will be the Year of cryptocurrency. Price of almost all coin including Btc,Eth,Dot,Egld and many others jumps to ATH. Doge coin also hit 0.07.
This is what I have observe almost coins are up trend which is suprising to crypto users. In doge coin a lot hype happening but with regards in bull run in my opinion it will take long this year. Many coins had rise in the market so lucky to those who are strong hands because they are gaining huge profit already.
I think the same as both of you. This bullish trend will continue to rise, and many coins will have the time to make a new ATH besides bitcoin. The coin that she mentions can have more chances to increase, especially bitcoin, and maybe bitcoin price will create another new ATH. Dogecoin can have another time to grow, but I do not think that will easy because dogecoin already made ATH yesterday, so maybe the price will increase someday.

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February 12, 2021, 01:16:38 PM
 #49

we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?
Trading purely based on your assumption will definitely lead to big disasters. You cannot predict the timing of cycle of price fluctuations just from past history. If you have any technical analysis to find out where market will turn up then you may proceed. Moreover all technical analysis are providing only the price ranges not the timelines. I mean you cannot make your trading on timing based but only on price ranges because technical analysis provide only signals on price levels.

As per usual, in the end, where the markets will go will all end up going to depend on supply and demand, not with dates and time spans.
I guess this is the thing where most traders are slipping down and makes mistakes. They believe into their own assumptions and based on their emotions they do trade and not as per technical.

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February 12, 2021, 02:08:52 PM
 #50


So we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?
Much better to stop assuming because, in reality, none of these assumptions will happen. BTC will drop by..., pumps by...I actually not listening to this because in the first place, all of these changes are inevitable and it comes anytime.

If someone knows what will happen by tomorrow or by the following days, it is just like we are manipulating the market but because we are decentralized, it remains unpredictable no matter if you are Elon Musk that could easily manage to hypes or even to dump the market.  Will it end in May? IDK
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February 12, 2021, 02:42:27 PM
 #51

The first two runs ended exactly one year after the mining reward halving.
E.g. December 2016 => Dec. 2017

IMO it will be the same this time, May 2020 => May 2021

So we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?

I never think this will continue like 2016-2017 because 2017 cryptocurrency market and 2021 crypto currency market are not the same. Now you know Elon mask has invested billion billion dollar and Tesla also invested 1.5B$ here and they also continuing promotion this market everyday. So i think this year will be turning point for BTC and cryptocurrency market.
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February 12, 2021, 04:19:54 PM
 #52

we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?
Trading purely based on your assumption will definitely lead to big disasters. You cannot predict the timing of cycle of price fluctuations just from past history. If you have any technical analysis to find out where market will turn up then you may proceed. Moreover all technical analysis are providing only the price ranges not the timelines. I mean you cannot make your trading on timing based but only on price ranges because technical analysis provide only signals on price levels.
Trading purely based on indicators will not be helping you neither in the end, because unexpected things do happen. Emotions are definitely the number one reason why everyone loses money, because if you just make an assumption and call it the truth and make moves depending on that, you are going to end up losing a lot of money and unfortunately there are too many people who do that, don't know why they do it but they do it anyway.

I do not like investing into things without researching very very well, it has to be very careful and make you feel comfortable about it, if I do not know every single detail about the thing I am investing into, I am not going to end up going into it at all. Of course it is not going to be easy but I think it is going to be decent profit if I do that. All traders eventually becomes smarter about it though, that is what I think, they learn with their mistakes.
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February 12, 2021, 04:45:33 PM
 #53

~
Basing on the history of Bitcoin aren't we?
Although it is a visible pattern, we're still not sure.
I would guess just ready for it but don't make hasty decision to sell. I would do the opposite by that date, because I am not yet sure if the history will surely repeat itself.
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February 12, 2021, 08:15:36 PM
 #54

The first two runs ended exactly one year after the mining reward halving.
E.g. December 2016 => Dec. 2017

IMO it will be the same this time, May 2020 => May 2021

So we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?

I believe the bull run for crypto should end either at the end of this year or early next. My conclusion is based on the cyclical development of the crypto market, and probably 2021 is the last year of the next cycle and as the history of the crypto has always reached new heights. Of course, this is not a 100% statement, but at the moment it is very similar to it. But no matter how it was, you must always be prepared for the fact that the price of the crypto can go down sharply. Remember the basic rules of investing and don't be greedy.
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February 12, 2021, 09:00:47 PM
 #55

The first two runs ended exactly one year after the mining reward halving.
E.g. December 2016 => Dec. 2017

IMO it will be the same this time, May 2020 => May 2021

So we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?

I believe the bull run for crypto should end either at the end of this year or early next. My conclusion is based on the cyclical development of the crypto market, and probably 2021 is the last year of the next cycle and as the history of the crypto has always reached new heights. Of course, this is not a 100% statement, but at the moment it is very similar to it. But no matter how it was, you must always be prepared for the fact that the price of the crypto can go down sharply. Remember the basic rules of investing and don't be greedy.
This time is different, the price of tokens are not going up cause of hype but most of it of adoption in real life. Many big companies investing more money flowing in it will all affect the price. And if you look generally market cap of crypto is not even close to one of stocks. So I'm really bullish.
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February 12, 2021, 10:43:54 PM
 #56

snipped~

I believe the bull run for crypto should end either at the end of this year or early next. My conclusion is based on the cyclical development of the crypto market, and probably 2021 is the last year of the next cycle and as the history of the crypto has always reached new heights. Of course, this is not a 100% statement, but at the moment it is very similar to it. But no matter how it was, you must always be prepared for the fact that the price of the crypto can go down sharply. Remember the basic rules of investing and don't be greedy.
This time is different, the price of tokens are not going up cause of hype but most of it of adoption in real life. Many big companies investing more money flowing in it will all affect the price. And if you look generally market cap of crypto is not even close to one of stocks. So I'm really bullish.
Indeed, the situation is quite different from the previous Bullrun and to say that we can't expect to make such trend back again. I don't disclose the chance that Bullrun will stop sooner but can't tell when. And looking into the buying volume now, that something to tell that this gonna be a long bullish season.

I know that many people are now waiting for this to get over in order to buy back again but we can't stop people from buying, maybe we just have to enjoy watching the price moving high.
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February 13, 2021, 02:38:01 PM
 #57

...I know that many people are now waiting for this to get over in order to buy back again but we can't stop people from buying, maybe we just have to enjoy watching the price moving high.

Most investors are waiting for the market to turn around and they will have the opportunity to buy coins at a lower price. And most of these investors sold their BTC too early, because they did not believe in such a growth of bitcoin and now they have to wait for this bull run to end.

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February 13, 2021, 04:17:58 PM
 #58

So we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?
Some retail investors are expecting that the competition between large institutional investors and whales will be sagging for them to hold a fair buy point. But raw materials, critical conditions and external influences like covid19 are supporting and studying steady psychology at the moment. Therefore, I consider this year's bull run to be a record.

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February 13, 2021, 07:46:10 PM
 #59

The first two runs ended exactly one year after the mining reward halving.
E.g. December 2016 => Dec. 2017

IMO it will be the same this time, May 2020 => May 2021

So we shall assume the price the BTC will have in May will be the maximum for this cycle?
Should we sell in May?
I don’t know how much you’re investing in Bitcoin but I think it’s always best to be taking a bit profit from every day increase, that way you wouldn’t have much to worry about when the markets starts to fall to a lower level. Because, if you don’t do these things now, it can flip and start decreasing and you lose.

Although I do understand the reason a lot of people don’t want to cutting from the profits is because they don’t want to decrease their earnings if the price happens to still continue increasing, they want to be making all the profit that will come from that. But these same people will still regret when the market plummets because they haven’t taken anything from what they have gotten. It’s best to always plan yourself ahead depending on the risks.

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sana54210
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February 13, 2021, 08:09:32 PM
 #60

the situation is quite different from the previous Bullrun and to say that we can't expect to make such trend back again. I don't disclose the chance that Bullrun will stop sooner but can't tell when. And looking into the buying volume now, that something to tell that this gonna be a long bullish season.

I know that many people are now waiting for this to get over in order to buy back again but we can't stop people from buying, maybe we just have to enjoy watching the price moving high.
I understand that people are hyped about the current situation but we should also look at the reason why and we should realize the problems there as well. For example, I think we will go up even more and I think we are going to do well, but why do I think that?

Because, I believe that bitcoin is bought by a lot of huge companies and that means we have extra billions of dollars going into bitcoin that didn't go in it before, and that allows the price to keep going higher and higher, also these people do not sell that easily so I believe it will not go down that easily as well when tens of billions of dollars worth of bitcoin is just sitting in some companies wallets.

However we have to see the problem as well, we are in a situation where companies own tens of thousands of bitcoins, so if one day they decide to sell, it could drop the price a lot.
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