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Author Topic: Bull run is over?  (Read 3509 times)
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February 27, 2021, 05:13:15 PM
 #61

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February 27, 2021, 05:16:21 PM
 #62

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.

why you said if top coins prices dropped ? do you see the price of cardano my friend, ? its climbing now,
and this dropped price is only a corrections because of the statement from Mrs, Janet yellen few days ago about bitcoin


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February 27, 2021, 05:59:12 PM
 #63

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.

why you said if top coins prices dropped ? do you see the price of cardano my friend, ? its climbing now,
and this dropped price is only a corrections because of the statement from Mrs, Janet yellen few days ago about bitcoin

That's because they have different markets why needs to compare those altcoins which has nothing to do with bitcoin let's base with facts ever since bitcoin is the mother we know those childs are altcoins which different markets as you can see those graph of altcoins some of them are into bullrun and mostly bitcoin has done with the bulish price correction, now those altcoins has potential it's own to increase it self just depends on the supply and demand now don't just compare all has differences
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February 27, 2021, 06:23:22 PM
 #64

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. 
It’s normal when bitcoin price fall some % also gain some %. Hardly affect altcoins when bitcoin price fall from the tip of the position. And little affect during suddenly gain.

Bitcoin goes 9k to 60k without doing any big Corrections. So this was expected that there is a correction waiting for us. So It's already come and we have to wait for some weeks. When it will come to a reasonable Position. We may start to see the altcoin season. So I will not say that bull run is over already. Very possible to happen alt bull run soon.

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February 27, 2021, 07:01:15 PM
 #65

*The bull run doesn't end, the bull run just breaks for a moment 'lol'...
I've known Bitcoin for almost 4 years and conditions like this are definitely a Bitcoin habit. it is too boring to be in the market if the price of cryptocurrency continues to rise, it needs market correction so that investors and traders can take opportunities to buy or sell. The new ATH will happen again.



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February 27, 2021, 10:08:49 PM
 #66

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/_

Today's Cryptocurrency Prices by Market Cap
The global crypto market cap is $1.45T, a 3.43% increase over the last day.
i think thats a sign if we will see another good movements in crypto market again buddy, just be patient, because the bull is still here

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February 27, 2021, 10:28:37 PM
 #67

It is not possible to trade the red markets and I don't think the market will become bearish suddenly. The bearish red market is ready but the time is still unknown, maybe it is too early to talk about it. Who knows?  I have sold the altcoins I held since 2019 and it is better to be safe than sorry.

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February 27, 2021, 11:42:30 PM
 #68

As others been saying it is just a correction since price of bitcoin reached a new all time high. In my opinion, it may bounce it's price and the bull run for alt season is not yet end. So I still have some alts and holding until it hit my target price. The market is really surprising it may declined and may reach again over $50k.
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February 27, 2021, 11:50:46 PM
 #69

As others been saying it is just a correction since price of bitcoin reached a new all time high. In my opinion, it may bounce it's price and the bull run for alt season is not yet end. So I still have some alts and holding until it hit my target price. The market is really surprising it may declined and may reach again over $50k.

The crypto market is indeed unpredictable. There are still so many companies trying to buy bitcoin up until now. And just recently, MicroStrategy bought another $1B worth of bitcoin.

https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin

When I read this news, I thought, the market will pump again. But anyway, this means, these companies like MicroStrategy or Tesla, believes that there is bright future in bitcoin. Because if they don't have strong bet on bitcoin, they won't shell out that huge amount of money. Come to think of this scenario.
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February 28, 2021, 05:17:08 AM
 #70

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
It can't be "officially ended" just because crypto market dropped for just two days, we are still doing fine all things considered. Reality is that aside from the last 48 hours we have went up so much that anyone that made any money has already made that money and that's it, we are doing super fine except for just 2 days. So, long story short this doesn't mean that it will go down or doesn't mean it will go up neither we are not going to end up with seeing something beforehand so we will only end up living it instead. For it to officially end we need to lose what we have gained and we haven't been even close to that just yet.

I personally believe we are going to have a 50% increase very soon, probably the first week of march that will be the situation for sure without a doubt. I just think that we need to be a bit more calm right now a bit more.

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MCobian
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February 28, 2021, 06:08:27 AM
 #71

I still believe the bull run is not over yet, so what is happening right now is only a temporary correction. It's certain that altcoins will be affected
by the decline in Bitcoin prices, so there's no need to panic. Because in the next few weeks the market should start to recover again, just HODL
the coins you have. Hopefully in the near future the bull run can resume. I've been trading crypto since 2016, so I've often seen price drops like now.
Usually the current corrections do not last long.

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rhodelmabanal
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February 28, 2021, 09:37:03 AM
 #72

I still believe the bull run is not over yet, so what is happening right now is only a temporary correction. It's certain that altcoins will be affected
by the decline in Bitcoin prices, so there's no need to panic. Because in the next few weeks the market should start to recover again, just HODL
the coins you have. Hopefully in the near future the bull run can resume. I've been trading crypto since 2016, so I've often seen price drops like now.
Usually the current corrections do not last long.

I agree on that bitcoin is still at the range of $50k so there is till a bullrun, this is a normal movement of the market sometimes it rise and sometimes fall and i believe that we dont need to worry because we are still at the high price, even if bitcoin fall a little bit but i still believe that it will still rise up high in the next couple of days or months so let us wait and have more patience.

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February 28, 2021, 09:44:43 AM
 #73

I still believe the bull run is not over yet, so what is happening right now is only a temporary correction. It's certain that altcoins will be affected
by the decline in Bitcoin prices, so there's no need to panic. Because in the next few weeks the market should start to recover again, just HODL
the coins you have. Hopefully in the near future the bull run can resume. I've been trading crypto since 2016, so I've often seen price drops like now.
Usually the current corrections do not last long.


I agree. Unfortunately, people get very panic when the price drops. In fact, the fact that there are corrections like this is healthy, it makes the prices go up better. but especially new investors can make quick and wrong decisions on this issue.
I also think the bull run is not over yet. This year will take a long time Smiley

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February 28, 2021, 10:17:24 AM
 #74

It seems the game is over now and there is no chance to see price on the previous in next 3 months. Current sell is very huge and all projects are bleeding and there is still time to save the money while keep waiting.
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February 28, 2021, 01:06:45 PM
 #75

It seems the game is over now and there is no chance to see price on the previous in next 3 months. Current sell is very huge and all projects are bleeding and there is still time to save the money while keep waiting.

If you really think so then you are in the wrong business.

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February 28, 2021, 03:42:02 PM
 #76

The candles of death because the market is correcting strongly recently.  MA and candle are not intact.  Psychological attraction is very large at this adjustment stage.  Therefore, it is necessary to calm down to recognize the next trend after this correction.  Assuming the altcoin continues to sink deep as bitcoin bleeds, I would cut my loss.  But bitcoin moves high, altcoins still find it difficult to overcome the barrier, I will hold back.

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February 28, 2021, 03:48:52 PM
 #77

It is just a correction. BTC price may reduce below 42K. But then we will see new ATH. March is generally the best month for crypto.

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February 28, 2021, 05:06:23 PM
 #78

On the off chance that the bull run is finished, so be it, presently its opportunity to sit tight for the Bottom which I believe is additionally not certain to occur. Bitcoin can in any case go high if there's an all the more uplifting news coming into this market. I think in the realm of exchanging resist the urge to panic, don't continue to move diverted by which isn't correct information and don't freeze sell.

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February 28, 2021, 07:01:14 PM
 #79

*The bull run doesn't end, the bull run just breaks for a moment 'lol'...
I've known Bitcoin for almost 4 years and conditions like this are definitely a Bitcoin habit. it is too boring to be in the market if the price of cryptocurrency continues to rise, it needs market correction so that investors and traders can take opportunities to buy or sell. The new ATH will happen again.

People can't be happy. If Bitcoin keeps going up in 20% daily hikes, people are happy. But if BTC loses 10% in a day then they scream about unfair manipulation from whales and what not.

And if things stay sideways they say there's no more opportunity to trade so they go for leverage and then get caught when volatility suddenly makes a comeback.

Humans, man, and especially in crypto!

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February 28, 2021, 07:03:15 PM
 #80

Maybe this is just temporary I guess, I don't see any sign that the market will go bearish. As you can see the prices of cryptocurrencies were not so down, so I think there is a chance that we can see another bull market.

Are you sure my friend? You should check the market cap now because bitcoin just loss it trend and the weekly candle is about to experience a sell pressure which indicates a bearish trend. If the sell pressure continues in the next days, then bearish trend is imminent my friend.
The traditional market especially Nasdaq and S&p 500 weren't good last week, hopefully if Newyork market opens green, then crypto entire market may stablize.
Again, February and month of March is always bearish according to crypto market performance, we may even go deeper by next month. Let's all be prepared
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