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Casdinyard
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February 26, 2021, 05:31:09 PM |
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Some conclude that bull run is over but some assumptions it is not yet over. I have observe others comparing the current condition of bitcoin market from previous years of bearish market. In my view, it is a correction from reaching all time high, and it will bounce. A lot of speculation actually but seeing more institutions adapting bitcoin will giving more demand in bitcoin market.
It is hard to determine what the market would be as the market is controlled by institutional investment unlike the last two rallies there is a dominant investment from billionaires and institutes and that makes it hard to predict when these huge investors will be selling their coins or whether they will pump and dump for a while before dumping everything. Totally agree. We have seen the market price fall in a sudden without any signs, most of the time. And speaking for this year's bull market, it is hard to tell whether the price will now start to fall or the price will eventually increase after a couple of days. A price correction will be always expected but we're not sure if this one is the main deal for this year. It will be a huge opportunity to invest but concerning how long an investor will hold, depends on one's market analysis. If this downfall will be continuous it will be hard to tell when will recovery occur. Do we have to wait for more than a year once again? There will always be an opportunity to make money but do consider the risks present. |
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bitjoin
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February 26, 2021, 06:01:30 PM |
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Many people are predicting still, the bull run is not over yet. As long as, bitcoin is fluctuating we cannot able to say the market situation. Altcoins will still fluctuate continuously, we should always change our mindset based on the market situation. Everything we need to prepare based on the market situation.
Now is a very good moment to make a profit, after experiencing a difficult time in 2020, now the crypto market is booming again after bitcoin made it to the top. Currently the bull run will continue, and I've decorated my Portfolio with a few coins, such as BNB, ETH, LTC, and OKB. |
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meldrio1
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February 26, 2021, 06:03:59 PM |
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Yep I also saw this scenario where bitcoin was struggling to get back $40k but unexpectedly it pumps up and reached $50k. I don't think the bull run is over but ye we can see the reddish market now but I'm sure it's just temporary, the prices of cryptocurrencies will recover soon.
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blockman
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February 26, 2021, 06:08:04 PM |
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The bull run is over if it goes back to $10k-$15k. That's the price when the bull has started up to passing the past ATH. But to get validation if it's still there or already over.
We can have our own signals and interpretation if it has ended already. But for me, it hasn't ended yet and it's still around us.
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ZeeeN
Jr. Member
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Activity: 297
Merit: 3
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February 26, 2021, 06:11:03 PM |
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maybe just short-term correction for bull run again in mid year.
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Review Master
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February 26, 2021, 06:21:42 PM |
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This is time to do more loading up than talking, btc just gave another opportunity to buy low but like always some people won't take advantage they will rather ask questions instead,
Like somebody already said above, this scenario has occurred at every new highs of btc, after this 50k correction next target is 60k.
That's right and we should divide our funds into some parts to buy at any bottom as it's just a correction for a short time and bitcoin will have bullish rally in the long. It's just like the previous correction where bitcoin went to $29k and everyone was waiting for $20k price zone, but that didn't happen at all. So, it's better to use the current opportunity to buy at low instead of regrating later for not buying now. |
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Icologies
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February 26, 2021, 06:28:37 PM |
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This is time to do more loading up than talking, btc just gave another opportunity to buy low but like always some people won't take advantage they will rather ask questions instead,
Like somebody already said above, this scenario has occurred at every new highs of btc, after this 50k correction next target is 60k.
That's right and we should divide our funds into some parts to buy at any bottom as it's just a correction for a short time and bitcoin will have bullish rally in the long. It's just like the previous correction where bitcoin went to $29k and everyone was waiting for $20k price zone, but that didn't happen at all. So, it's better to use the current opportunity to buy at low instead of regrating later for not buying now. correction can not be confirmed because the decline continues though slowly fear of the reverse bear season is long and make bitcoin prices continue to decline, my advice stay alert because the crypto market is difficult to guess |
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ven7net
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February 26, 2021, 08:26:18 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/_I believe that 2021 will be the growth of the crypto market. Probably by the end of this year, the crypto market will reach its new peak and then a big drop will begin. My forecast is based on market cyclical theory. Each cycle is equal to four years and every last year of each cycle the market shows new price peaks. I don't think that this time everything will be different, unless the crisis of the financial system starts, then we will see great turbulence in the crypto market. At the moment, large companies are investing in crypto, which means that with each new purchase, the price will go higher. The main thing is to fix the profit in time and not lose your funds. |
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AliMan
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February 26, 2021, 10:23:16 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/_Altcoins bloody days isn't yet over, and bullrun was only for bitcoin that took place this year. The possible rise of altcoins still uncertain as of today, because most of the investors is only looking at bitcoin. Hopefully, there's some whales that will also fund altcoins to create some bullrun someday. Just don't lose hope, we will see out tokens soar in the marketplaces someday. |
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didzi
Sr. Member
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Activity: 1092
Merit: 250
Hodlers Network
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February 26, 2021, 10:52:03 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?
i think this is a temporary corrections not a trend reversal from bullish to bearish mate, and i still confidence if the rally on bitcoin and altcoins will continues soon |
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Bustart
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February 26, 2021, 11:27:27 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?
i think this is a temporary corrections not a trend reversal from bullish to bearish mate, and i still confidence if the rally on bitcoin and altcoins will continues soon Hopefully mate, I would love to hear that encouraging statement from someone else like you. What I mostly hear on several discussions was really worst and over reacting, sometimes it made my day unwell. If this was only temporary corrections, then btc and other alts would probably bouncing back towards another ATH. |
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South Park
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February 27, 2021, 05:07:16 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/_I think there is a difference between the market moving sideways and a bear market, the bulls are taking a break which is completely understandable after the price grew for almost a year straight and we saw a correction, but a bear market has not materialized yet, there is still good volume and a lot of interest coming from traders, I expect the market to move sideways for some time and then once enough buying pressure accumulates again we will see the price of bitcoin increasing again during the next months. |
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bitjoin
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February 27, 2021, 05:34:23 AM |
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Hopefully mate, I would love to hear that encouraging statement from someone else like you. What I mostly hear on several discussions was really worst and over reacting, sometimes it made my day unwell. If this was only temporary corrections, then btc and other alts would probably bouncing back towards another ATH. There is nothing to worry about in today's crypto market, crypto market conditions are like this, throughout the year’s price fluctuations will continue to occur, but the current correction will not last long, you don't panic too much with the current market conditions. Some investors always expect a correction, because when the correction occurs they will make big purchases to get more profit when the bull run arrives. |
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newwest
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★777Coin.com★ Fun BTC Casino!
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February 27, 2021, 06:02:03 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?
i think this is a temporary corrections not a trend reversal from bullish to bearish mate, and i still confidence if the rally on bitcoin and altcoins will continues soon This are all temporary corrections and now after the institutional investors also part of it so you will not see a major dump as such since other investors will always be ready to grab the opportunity on the dips so I do not think that bull run as such will end it. It’s only some correction that happens in time and bitcoin will bounce again. |
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Wahyuihib
Member
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Activity: 609
Merit: 10
Rexx
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February 27, 2021, 06:39:57 AM |
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yes in my opinion it's the same, and only altcoins that have the top rank only experience price increases. but the altcoins that are in the lower ranks are having a hard time getting up, because many of the investors are selling their regular coins to spend on bitcoin ...
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michellee
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February 27, 2021, 07:57:28 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/_Yes, we are not in the bear trend. But for the long term, I think we are still in the bullish trend as bitcoin price is at more than $45k and the chance for bitcoin price to increase will be still wide open. Bitcoin can back to $50k soon, and I consider that this time is just another correction for bitcoin and will be the chance for us to buy back bitcoin before the price increase. It is just temporary and you do not have to panic like the other people, and you can prepare for the next rally of bitcoin price. |
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Review Master
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February 27, 2021, 08:44:03 AM |
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correction can not be confirmed because the decline continues though slowly fear of the reverse bear season is long and make bitcoin prices continue to decline, my advice stay alert because the crypto market is difficult to guess
That's true that crypto market is more difficult to speculate. But everything is now those indicators, bitcoin might back to its bullish performance if daily candle create above the trend line of 20 MA indicator as there is a bullish divergance into RSI which might take some times to be happened. But as of now, bitcoin might have sideways movement which is definitely good for alts, IMO. |
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imstillthebest
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February 27, 2021, 08:58:35 AM |
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the bull run for altcoins are officially ended i guess because they are falling hard but for btc the bull run is still there but btc has painted red and this red color of btc can remain for a long period of time because it failed to sustain its 50k recovery last time .
we are now back again on our speculating business if how long will btc remain this way and if there is a chance that altcoins can recover first because i never see that happen and maybe its time now for altcoin to help btc even for once
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Sled
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February 27, 2021, 02:20:51 PM |
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the bull run for altcoins are officially ended i guess because they are falling hard but for btc the bull run is still there but btc has painted red and this red color of btc can remain for a long period of time because it failed to sustain its 50k recovery last time .
we are now back again on our speculating business if how long will btc remain this way and if there is a chance that altcoins can recover first because i never see that happen and maybe its time now for altcoin to help btc even for once
I saw already that some altcoins are declining but I'd never think it will keep that momentum coz I was believing that this is just a correction and later on, it rallies back high again. What I saw now is having a sustainable market growth this time which is far different from how it looks before. However, the dump and some correction can't be avoided for a case that we are still relying on the market demand and supply. It definitely has to change. |
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Cling18
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February 27, 2021, 03:25:47 PM |
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The price of Bitcoin is really hard to predict because the Bitcoin bull run this year isn't the same as the bull run that we had a few years ago. However, the bull run for altcoin I think is over because top coin prices have dropped down already. Bitcoin drops its price a little but it strikes high again so I think it could still strike higher in the coming days.
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