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Author Topic: Bull run: will it end in May?  (Read 626 times)
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February 17, 2021, 08:17:31 PM
 #81

No one actually knows about it , only crypto whales are the one who can dump it any time , if they want to pump they will till the end of 2021 , if they want to dump they can dump it anytime.

Although you are absolutely right, there is a point that you have not taken into account, emotions, when people feel strong emotions, they usually buy and buy, it may be that at that moment the whales are selling and at the same time we see that the price of Bitcoin continues going up, and it is because the market is also moved by emotions. Both the whales and the powers are what move the market.

And this has always been true, from the 1800s from the stock market to the Bitcoin market.

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February 17, 2021, 10:57:16 PM
 #82

Not sure, whether it's this year or next year, or the next year, we are still in the danger zone,
$ 50k resistance is reached and it reaches $ 52k in one shot, of course it has a good impact on the bitcoin chart,
Bitcoin has to hit $ 70k or as little as $ 60k to be able to provide a new pathway to $ 100k to $ 300k,
I really hope bitcoin can make that happen!

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February 18, 2021, 10:45:57 AM
 #83

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?

Yes, even starting from March I think.
April will start the fall. But the falling price will not be less 20K. So if your buying price is less it will not hurt you.
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February 18, 2021, 12:55:13 PM
 #84

Honestly NOBODY knows this. I know we like to talk about "it will happen" or "it won't happen" and anything in between but we have to realize that nobody knows this at all. It is obvious that we want to know this and we want to have answer for this but the reality is that we have no clue if this will happen or not. Which is why we are just trying to guess.

One thing I am certain is that even if the bear run starts in may, I won't leave because I am way in profit and there is nothing wrong with waiting for me, if it starts to drop in May, I will not get out and wait for the next increase because each increase is bigger than the other. Let's assume price falls from 50k to 20k, that means eventually "one day" it will be above 50k again, and I will be profiting from that, so I will wait for it to go up.
Since this is a long bull run, well, not literally long but longer than the previous run, so I guess if the same trend is going to happen, we will also see a long bear market, and that time, I'm not sure it's still attractive to trade because most movement are downtrend and you need to be really good in order to make profit on short term movement.
Do not be worried about a potential of a very long bear run because from now on we can't be in a bear run for way too long. Why? Because there are companies that are financially investing money that we never seen the amounts of before even at 50k, do you know what they would do if the price falls under 30k? They would literally get loans and debts from central bank itself to get in, they are capable of getting huge amounts of money non-stop like crazy and invest into bitcoin. It means there are a lot more richer and powerful people in the crypto world, and they will not let it go down.

How do I know this? Because if bitcoin goes too low, they are going to bankrupt and they can't let that happen so in order to save themselves they will do whatever it takes to make the price go up. Look at GME and how everyone wanted it up but wall street managed to take it lower and lower.

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February 18, 2021, 04:59:33 PM
 #85

No Idea. I hope never!!!!  Grin
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February 18, 2021, 05:45:29 PM
 #86

Even if your prediction was right, we still got two more months in that time we can reach another level for sure like $60K above! But there is no such things exist, the bear trend may begin at any time so we can't make assumptions that it will start immediately after a year of halving. My guess is that we have some time before entering into the bearish trend so take your profits as much as you can.
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February 19, 2021, 10:32:37 AM
 #87

Don't just let your hopes remember that high, it hasn't yet broken the resistance and we still have more days at the moment to enjoy this temporary bull run. To have some fiat in hand, we can start selling some of our tokens in our portfolio, but do not sell them all because there will be another bull run coming up, Instead, if you have more cash, buy some of it, then hold on again for the future bull run.
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February 19, 2021, 10:47:20 AM
 #88

No one actually knows about it , only crypto whales are the one who can dump it any time , if they want to pump they will till the end of 2021 , if they want to dump they can dump it anytime.

They can dump their investment but I don't think they are that weak to just dump it so early.

There are a lot of interested companies and individuals that wanted to invest their money into cryptocurrencies mainly Bitcoin. That could lead to more pumps in the upcoming weeks or maybe months which make this year one of the best years of Bitcoin. The year is still starting so we never know where will it lead and where will it go.
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February 19, 2021, 05:04:40 PM
 #89

They can dump their investment but I don't think they are that weak to just dump it so early.

There are a lot of interested companies and individuals that wanted to invest their money into cryptocurrencies mainly Bitcoin. That could lead to more pumps in the upcoming weeks or maybe months which make this year one of the best years of Bitcoin. The year is still starting so we never know where will it lead and where will it go.
It is not about being weak or strong, it is about knowing the right time to get out and right time to get back in.
If you think bitcoin will drop a lot, sell at this current price, and go back and buy at around 40k and the price moves higher again, you will profit from this move.

I am not saying that is what will happen or anyone knows what is going to happen, but some whales think like this and sell their coins not because they are weak but because they think they could buy even more later on.

That is the difference between crypto and all other things, in crypto you could make any movement you want and that is very valuable, there is no government that can stop you in most of crypto world (aside from local exchanges in an out of your bank account) because governments have no idea what you are doing so you could 100x leverage some crazy coin and lose a million dollars in 3 minutes because you can, or profit 3 million because you can, and nobody will be able to stop you.
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February 19, 2021, 05:35:28 PM
 #90

No one actually knows about it , only crypto whales are the one who can dump it any time , if they want to pump they will till the end of 2021 , if they want to dump they can dump it anytime.

Although you are absolutely right, there is a point that you have not taken into account, emotions, when people feel strong emotions, they usually buy and buy, it may be that at that moment the whales are selling and at the same time we see that the price of Bitcoin continues going up, and it is because the market is also moved by emotions. Both the whales and the powers are what move the market.

And this has always been true, from the 1800s from the stock market to the Bitcoin market.

Do you still believe in this pumping whale controlling it?
Don't we know that now many people like the cryptocurrency market, especially bitcoin, this is usually newcomers who keep buying so there is a lot of demand and I think it's natural because nowadays people are starting to switch from stocks to bitcoin because they know the profits here are very significant, making it possible for them to use time to his advantage.
So big people are now starting a lot in bitcoin, especially Elon Musk, who always contends with his tweets, of course this is not whale control but on increasing demand.

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February 19, 2021, 05:49:12 PM
 #91

No one actually knows about it , only crypto whales are the one who can dump it any time , if they want to pump they will till the end of 2021 , if they want to dump they can dump it anytime.

Although you are absolutely right, there is a point that you have not taken into account, emotions, when people feel strong emotions, they usually buy and buy, it may be that at that moment the whales are selling and at the same time we see that the price of Bitcoin continues going up, and it is because the market is also moved by emotions. Both the whales and the powers are what move the market.

And this has always been true, from the 1800s from the stock market to the Bitcoin market.

Do you still believe in this pumping whale controlling it?
Don't we know that now many people like the cryptocurrency market, especially bitcoin, this is usually newcomers who keep buying so there is a lot of demand and I think it's natural because nowadays people are starting to switch from stocks to bitcoin because they know the profits here are very significant, making it possible for them to use time to his advantage.
So big people are now starting a lot in bitcoin, especially Elon Musk, who always contends with his tweets, of course this is not whale control but on increasing demand.

Well you have a good point there, people like Elon Musk, Microstrategy are great references that influence worldwide, but we cannot leave out those who have always moved the market before they entered, it should be noted that Paypal also joined the market, and it is obvious that all these companies and people do not want to lose, it is for that reason that I think that the price of Bitcoin will not fall sharply, and will try to stay. Maybe they are already new whales , the whales and emotions are what really make the market move.

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February 19, 2021, 10:46:12 PM
 #92

I mean, there is no certainty for this. The only thing I will say is that you have to go at whatever price satisfies you. When you say that you will earn more, you can lose your savings in an instant. Set yourself a price and get out there. If it rises later, there is no point in being sad.

Damn that's true, greediness will come when we see the price so bullish, but we should learn how to be smart and always take profit and not carrying a shitload of coin once this bull run is over. I wish I still have a lot of coins to sell, but all I have no is just the learning in the past bull run, can't sell anything,  so sad and all I do is just watching how bullish the market is.

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February 19, 2021, 11:42:32 PM
 #93

Even if your prediction was right, we still got two more months in that time we can reach another level for sure like $60K above! But there is no such things exist, the bear trend may begin at any time so we can't make assumptions that it will start immediately after a year of halving. My guess is that we have some time before entering into the bearish trend so take your profits as much as you can.
That is only a wild guess, it can right or definitely wrong. Many investors keep on coming, they are the reason why prices keep on rising and until this never ends, we can't see the market turning back.

Anyway, there is no wrong about getting prepared for the next, if it is either be dumps or pumps. It is actually be happening all the time, can't be ignored but this time, I was in the positive that the momentum keeps long, and possible it will stay until the end of this year.

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February 28, 2021, 04:45:15 AM
 #94

Buying and selling decisions will really be different into each individual or trader because we do have our own will or goals when it comes to our portfolio.

If we do see some possible opportunities then we would be definitely buying up in spite of the current high price.Its really hard to make up conclusions that

this bull run will be ending on May if you do just simply try to look into the past then its not really that reliable nor ideal to follow up on what happened wayback.

We are seeing different situation at the moment when it comes to adoption talks.
That is the point in crypto trading, there is no right or wrong until you actually do it, we have to realize that crypto is unique in that regard and there is never a right or wrong moment to get into bitcoin. You could buy right now and it could go up and you could make a profit, or you could buy now and it could go down and you could lose money, you could sell right now and it would go up and you will lose on possible profit, you could sell right now and it could go down and you get out at the right time.

All of this could happen in bitcoin, nobody can say "it won't happen", all of them are equally possible in crypto world which is why there is really no chance that we could miss out on the possibility of making money just because its high, bitcoin price being high has nothing to do with what it will do next, it could still go up even more.

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February 28, 2021, 06:42:15 AM
 #95

Now America is preparing a new stimulus package to revive the economy. This package should be a significant source of growth for the markets. When this package expires, the US administration will accept a new one. I think this will continue for a long time. I don't quite understand why we should stop in May. But of course a certain correction in May is possible. Closer to summer, the economy generally slows down.
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February 28, 2021, 06:42:31 PM
 #96

I'm not so sure if the same thing is going to happen this time, we all knew that there are so many new players coming into crypto now. Which lot of them are really investment big time, it will look somehow to think that a repeat of what happened before might repeat itself. We don't have the history recurrence all the time. It is time to set new rules, and start thinking of what next we can do. Have been telling people who are close to me that what we have never seen in the past is probably going to happen anytime soon. And one of such thing is never to expect any major big drop, though it might drop but its not going to drop that much.

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March 01, 2021, 04:44:53 PM
 #97

I think it will.
Because last time we have seen already that a bull ran exactly stays for a year.
So i think this time wil be the same also.
It started in may last year and i think will stay untill the end of the may.

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