South Park
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April 05, 2021, 05:49:27 PM |
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It's a big NO, i really Dont think for the bull run is over , just because the price is suddenly going down, it doesn't mean that the bull run is over. there's always a short correction in cryptospace. Just because BTC price going down, doesn't mean the bullrun is over, as you can see in this month, both BTC and ETH achieved All time highest of all time, so the bull run is still going on, i think ETH will reach $2,5k and BTC will reach $65k soon
The idea the bull run is over is ridiculous, how far are we from the ATH? 5%? we are right there and a new ATH can be reached at any moment, that is not a sign that the bull run is over that is a sign that it is ongoing and that it is still strong, the bears have finally achieved what they wanted and have stopped the growth of bitcoin, but that is all what they have achieved and once we begin to feel the effects of inflation because people begin to spend the money they were given for free then the price will surely reach a new ATH.
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2double0
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April 05, 2021, 07:18:43 PM |
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Natalim my friend, you are being mistaken with the old days but now the trend is being set by new market makers, institutions who have snatched away everything out of the hands of retailers. The sales are taking place because retailers are unloading their btc but the institutions are so hungry they are eating all the bites they get from retailers. It is not going to be bearish any sooner.
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slaman29
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April 06, 2021, 11:06:56 AM |
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Natalim my friend, you are being mistaken with the old days but now the trend is being set by new market makers, institutions who have snatched away everything out of the hands of retailers. The sales are taking place because retailers are unloading their btc but the institutions are so hungry they are eating all the bites they get from retailers. It is not going to be bearish any sooner.
New market makers indeed I see are the ones just tearing up the space. When we see them become safer to use though, is when they will truly be powerful. Right now people say it's ease of use and gas fees but I believe a lot of people like me are staying away from it because we fear the poor security in most of the contracts:)
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Roidz
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April 06, 2021, 02:11:10 PM |
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I believe Bitcoin will continue to trade sideways in the coming months, but this does not mean the bull run is over. The Bitcoin price will continue to grow at any moment, and I am confident that we will see $100,000 by the end of the year.
I don't doubt what you are saying if bitcoin could hit $ 100K by the end of the year but I personally think that the 100K price tag will come by the middle of the year if Bitcoin is able to cross the $ 65K wall, it's currently around $ 58K bitcoin price and in fact I see every times bitcoin will reach a price of $ 59- $ 60K there is always a correction in the price of bitcoin, causing the price of bitcoin to fall back down.
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Pom_bensin
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April 07, 2021, 02:54:58 PM |
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I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him. Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction? Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. We can see the coins ( https://coinmarketcap.com/_your prediction was made in february, and now it is april take a look at coinmarketcap. it cannot be used as a fundamental basis for your predictions, so the passion for the crypto market will still continue this year even into late 2021 and beyond. So I think it's not the end of the bull run but a bitcoin correction.
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Natalim (OP)
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April 08, 2021, 01:32:02 PM |
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I believe Bitcoin will continue to trade sideways in the coming months, but this does not mean the bull run is over. The Bitcoin price will continue to grow at any moment, and I am confident that we will see $100,000 by the end of the year.
I don't doubt what you are saying if bitcoin could hit $ 100K by the end of the year but I personally think that the 100K price tag will come by the middle of the year if Bitcoin is able to cross the $ 65K wall, it's currently around $ 58K bitcoin price and in fact I see every times bitcoin will reach a price of $ 59- $ 60K there is always a correction in the price of bitcoin, causing the price of bitcoin to fall back down. 100k price prediction is so absurd for right now, that is why as you said BTC can not get more than 60k and it is currently around 55-60k. If BTC can break this price, maybe there can be a chance to reach 100k in the future. But l think it is so early to speak something about that. No doubt when BTC sees this price, altcoins will start also getting up and most altcoins will be higher than gold. I would not say that, you know how fast bitcoin has pumped, so $100k is not impossible for short term target. Bitcoin is staying at a bullish range, if it will not pump anymore, it should have dump already but still we are at 57k, close to $60k which are the range bitcoin has been moving for now. Based on what I noticed in the past bull run, you can't be bearish in bull market and there's no ceiling at the moment, so make it a possibility.
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jaberwock
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April 08, 2021, 06:48:49 PM |
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100k price prediction is so absurd for right now, that is why as you said BTC can not get more than 60k and it is currently around 55-60k. If BTC can break this price, maybe there can be a chance to reach 100k in the future. But l think it is so early to speak something about that. No doubt when BTC sees this price, altcoins will start also getting up and most altcoins will be higher than gold.
I would not say that, you know how fast bitcoin has pumped, so $100k is not impossible for short term target. Bitcoin is staying at a bullish range, if it will not pump anymore, it should have dump already but still we are at 57k, close to $60k which are the range bitcoin has been moving for now. Based on what I noticed in the past bull run, you can't be bearish in bull market and there's no ceiling at the moment, so make it a possibility. There is a difference between going up from 20k to 60k versus going from 60k to 100k, it requires A LOT more money and that is why people find it absurd. I do not find it absurd, I think we will get to 100k and that will happen, I just think that we are at a place where it is not going to be easy, and that is why I understand other people who are not certain about what is going to happen and that is why I try to understand what they are thinking. It would always help you to read what others are thinking because the price changes depending on buyers and sellers and if you start to see people who doubt what is going to happen? That means maybe you are not just right there yet, and that is why I believe we should not be doing that much criticism of others because when we are saying they are wrong, they are still doing what they want and their wrong way of thinking could become a self fulfilling prophecy if many people think the same wrong thing.
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ecnalubma
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April 08, 2021, 06:53:58 PM |
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Not over yet, I’ve never been bullish in my crypto life like this before but I think BTC will probably hit 6 digits this year and so altcoins might follow its steps with their new ATH records. This might be the crypto adoption that we’ve been waiting for, high profile and big businesses accumulating.
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matchi2011
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April 08, 2021, 06:54:11 PM |
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I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him. Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction? Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. We can see the coins ( https://coinmarketcap.com/_your prediction was made in february, and now it is april take a look at coinmarketcap. it cannot be used as a fundamental basis for your predictions, so the passion for the crypto market will still continue this year even into late 2021 and beyond. So I think it's not the end of the bull run but a bitcoin correction. Showing still a good sign that the market will continue to move forward, it's not easy or we can't assume things weather it will continue to pump high or correction will take place. What is good for now is we continuously see more investors to comes up and start bringing money to this market, with that it will help to have a much stronger barrier while trying to breakout once again.
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TimeTeller
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April 08, 2021, 10:01:19 PM |
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Not over yet, I’ve never been bullish in my crypto life like this before but I think BTC will probably hit 6 digits this year and so altcoins might follow its steps with their new ATH records. This might be the crypto adoption that we’ve been waiting for, high profile and big businesses accumulating.
And if one observes, companies are still in the buying spree. But would like to see more adoption in the payment system. This will reach out all kinds of users and maybe, most of them will try for the first time how to use crypto in the payment sector. They will understand better how crypto works if they will have their own first transaction in the blockchain. If they will only read and read, they won't really understand its purpose. And talking about the bull season, compare it to previous years, and I don't think we are in the bear season even if it falls below 40k.
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HaekalZ
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April 09, 2021, 02:33:13 AM |
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For me , i think the bull run has not even started yet mate, i think this is just a great development of all altcoins in cryptospace, THE REAL BULL RUN has not even started yet, i think in the second half of 2021, the price will become bigger and bigger in cryptospace, BTC can hit $65k, ETH can hit $2500, and BNB can hit $600, those top 3 in the current market will keep leading and maintaining their position and the price will keep going up. so i don't think the bull run will be over soon.
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rodskee
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April 09, 2021, 03:27:39 AM |
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Coins are greening ? https://coinmarketcap.com/and Majority of cryptos are Increasing its Value since couple of days ago? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FcmfeoIJ.png&t=665&c=wTutCh1VCqXpwA) I don't think that the word "Bull Run is Over" is appropriate to use It's best to tell that Bull is just resting and looking for another timing? Bitcoin is still stronger holding 55k $ and above so best to look for another Bull and Bear will takes long time to take over.
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Chato1977
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April 09, 2021, 06:11:35 AM |
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I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him. Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction? Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. We can see the coins ( https://coinmarketcap.com/_Now Look at Coinmarketcap Again https://coinmarketcap.com/Is that the sign of Bull Run is ending? That would be the Indication about crypto is making another Hype next to this.
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lxiaoh
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April 09, 2021, 07:32:31 AM |
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I dont know, this Bull is different from 2013 and 2017, Wall Street whales were coming now, they were pushed the price of BTC so expensive now, this is the most crazy moment ever happen in the crypto market. But we all know that this bull run would over someday.
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Distinctin
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April 09, 2021, 01:14:26 PM |
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I dont know, this Bull is different from 2013 and 2017, Wall Street whales were coming now, they were pushed the price of BTC so expensive now, this is the most crazy moment ever happen in the crypto market. But we all know that this bull run would over someday.
Hopefully it's not the same, but I'm still expect a big bearish period after this, I'm not diverting on the price trend but I always welcome the possibility of bitcoin reaching a higher ups in this bullish season. This bull run is quite longer, maybe until the first half of the year and in the 2nd half comes the correction, who knows.
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South Park
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April 09, 2021, 06:35:27 PM |
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I believe Bitcoin will continue to trade sideways in the coming months, but this does not mean the bull run is over. The Bitcoin price will continue to grow at any moment, and I am confident that we will see $100,000 by the end of the year.
I don't doubt what you are saying if bitcoin could hit $ 100K by the end of the year but I personally think that the 100K price tag will come by the middle of the year if Bitcoin is able to cross the $ 65K wall, it's currently around $ 58K bitcoin price and in fact I see every times bitcoin will reach a price of $ 59- $ 60K there is always a correction in the price of bitcoin, causing the price of bitcoin to fall back down. All the signals point out that what we are seeing is an accumulation phase combined with weak hands selling their coins, this is good and I really expect the month of April to be pretty good for bitcoin and most likely we are bound to see a few ATHs during this month, now it is not going to be easy but even with all the FUD going around the forums I still see bitcoin going up until the end of the year and what it is even better I do not see as big of a crash as the one we saw at the end of 2017.
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matchi2011
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April 09, 2021, 07:21:45 PM |
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I dont know, this Bull is different from 2013 and 2017, Wall Street whales were coming now, they were pushed the price of BTC so expensive now, this is the most crazy moment ever happen in the crypto market. But we all know that this bull run would over someday.
Hopefully it's not the same, but I'm still expect a big bearish period after this, I'm not diverting on the price trend but I always welcome the possibility of bitcoin reaching a higher ups in this bullish season. This bull run is quite longer, maybe until the first half of the year and in the 2nd half comes the correction, who knows. We don't know that, as it's also possible that it will continue to keep on rising, the chance are high due to new investors that are taking this venue as a good source of invesment. Maybe correction may take place but just the same with how things are moving right now, slight fall then bounce back much stronger, everything still possible and it's your wise choice to continue.
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SacriFries11
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April 10, 2021, 12:47:37 PM |
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I dont know, this Bull is different from 2013 and 2017, Wall Street whales were coming now, they were pushed the price of BTC so expensive now, this is the most crazy moment ever happen in the crypto market. But we all know that this bull run would over someday.
I just read some news that State Street are planning to start crypto trading in the middle of 2021 and if it's gonna really happen, I think it's another event that will push BTC much higher. They also agreed that they will explore digital currency and working with related to the crypto technology. Institutions continue to explore what they can do and how they can ride in much awaited bull run after 4 years. As you can see now, BNB and XRP are making their move as BNB reached its ATH again and XRP back to $1 mark. Bullrun is not over yet I think we're just the middle of something bigger. This bullrun will take more months, so we should make the most of it.
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LUCKMCFLY
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April 10, 2021, 02:12:38 PM |
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Not only is Bitcoin showing that it can rise much more than $ 60k, ETH is also doing the same reaching the figure of $ 2200 being a new all-time high, Bitcoin moved 7% higher as ETH, apparently ETH follows In the footsteps of Bitcoin, this is a good sign, perhaps a general bullish trend will occur and trigger the long-awaited bullish season for altcoins. The weekend has brought a new all-time high for Ethereum. The new high comes less than a week after ethereum broke its previous all-time high. Following in the footsteps of bitcoin, ethereum has also seen a nearly 7% price surge on Saturday, pushing the crypto to new price territory. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FJoDopZ7.png&t=665&c=585uEzIdhs30Cg) Source: https://beincrypto.com/ethereum-reaches-new-all-time-high-of-2200/Could we be at the start of a big bullish trend? Or is it simply a bullish trap for the whales to test the offer and decide to lower prices to buy cheaper and take advantage of the weak hands panic?
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sarmrakib
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April 10, 2021, 02:32:04 PM |
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I think I already saw this scenario where bitcoin struggle to get back to the price it has previously him. Just Bitcoin get back to $50k but it didn't stay long, so I guess the trend now is already bearish, or this is just a temporary and short term correction? Also, as we can see, altcoins are pretty much affected, most of the coins in the top 100 of the CMC has been significantly affected, most of them are reddish at the moment. We can see the coins ( https://coinmarketcap.com/_Now Look at Coinmarketcap Again https://coinmarketcap.com/Is that the sign of Bull Run is ending? That would be the Indication about crypto is making another Hype next to this. Its a clear sign of huge uptrend which is so strong .I have noticed earlier btc has touched 60k$ once again .So that the momentum is keep going through a strong uptrend .I think we are having a great time with good trend and also need to become wise before enter to the market .
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