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Author Topic: Bull run is over?  (Read 3509 times)
Natalim (OP)
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February 25, 2021, 11:45:56 AM
 #1

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/_

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February 25, 2021, 01:01:47 PM
 #2

this year definitely bull year , what just happened recently i just believe its a kind for accumulating the new low , for example just look ether , 90days low/high is 498/2040 and now stay at 1550-1600++ , how about BNB ? its more positive , 26/342 , and bitcoin it self , well , just see the CMC history , so for me what happened right now its neccesary.

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February 25, 2021, 01:24:59 PM
 #3

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/_

This scenario is already happened when BTC hit 10K, 20K, 30K, 40K and so on. There's always a sentiment about bearish whenever the correction hits the market but only few pay attention on institutional investors crypto accumulation. If bearish is indeed happening, This big company will never accumulate more during the dip but instead sell off.

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February 25, 2021, 01:28:45 PM
 #4

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 don’t think so..  As far as alts go I think alt season is just starting imo.  I could be wrong but the last altcoin break out at 2016 took the market to uncharted waters.  The altcoin market just broke out this year...  If it follows the same trend, we’re seeing some craaazy gains coming our way.


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February 25, 2021, 02:08:43 PM
 #5

The bear season will have to come its way, maybe not today or tomorrow but it could be someday. We actually don't know yet and even we keep comparing on the previous scenarios, dumps will certainly be showing again and again.

From $20k to $4k, from $50k to $20k, we can't neglect that. Not eventually the history repeats itself as I was not believing it, but if we are talking dumping scenarios, it surely will come. But for the current situation, the bullish season isn't over yet, maybe if Bitcoin will show a continuous market rollback.
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February 25, 2021, 02:14:03 PM
 #6

This is just a short correction, and don't you see that many large companies are still interested in entering the world of cryptocurrencies? This is a very good thing, and the bull run isn't over yet.
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February 25, 2021, 02:14:31 PM
 #7

I don't really think that Bull run is over, as what we can see recently we are back to $50,000 most of the coins now are green, we can say that what happened in the past few days is just a market correction, I am expecting that by Saturday or when the stock market closes we can see if we are going to have a bull run and alt season or we will still have some sideways before we lift up and go to the moon, this is normal and it's actually happened last 2017.

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February 25, 2021, 02:32:15 PM
 #8

I still believe the bull run is not completely gone it is possible that the current situation is still under correction a natural thing I think in the world of trading keep calm, don't keep getting carried away by which is not true news and don't panic sell

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February 25, 2021, 02:57:04 PM
 #9

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 don't think the bull run is over and the bear is taking over the bull. This dip is just a short term correction and happened very now and then. I am confident that the price of BTC will test $60k in a week. As far as alts are concerned, most of the investors are currently eying on BTC and invested in BTC and after the bull run the alt session will continue like before in full swing.
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February 25, 2021, 03:26:24 PM
 #10

well it is quite convincing, and therefore for altcoin holders it is better to immediately secure their assets to coin stable. the impact of bitcoin's decline is very risky if it continues to hold altcoin. we really have to be observant to save the stop loss this time. and in fact, it has been proven by us.

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February 25, 2021, 03:41:11 PM
 #11

Honestly speaking I don't think bull run is over I believe bitcoin will hit somewhere around 60000-70000 in next couple of months. I think this is nothing for altcoins now. Maybe except Ethereum. We may see far more investment in better altcoins just this year. I know its risky to invest in altcoins especially when they are around +%50-100 gains but my feelings tell me it will be possible to do 5x-10x in just 6 months with some altcoins. I am still investing in some altcoins I trust like Solana. But I suggest people to invest as much as you are ready to lose. Might be hard from now on.
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February 25, 2021, 04:01:07 PM
 #12

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?


Your analysis is wrong. As you can see, bitcoin is above $50k, and it's holding it well. Three times it's been under $50k so far, and it bounced back every time. If you look back a month, you can see that we've had a similar situation at $40k levels.

To me, this looks more like consolidation before the new bull run.


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February 25, 2021, 04:27:45 PM
 #13

It looks like, it's not over yet, we still have confidence in the over $ 50,000 increase back and I think this gives us a new boost. where a growing issue turns out to make bitcoin grow more confident. believe me bitcoin won't stop and fall here, but for altcoin i'm pretty sure, and it will be hard to get back to a price over its ATH.

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February 25, 2021, 05:20:25 PM
 #14

It's still not quite right to say bearish because bitcoin is currently struggling at $ 50k and I think this is just a short correction and we'll see the movement after that, I just think that when bearish happens then the decline must continue, but it's still struggling.

I think that altcoin is still a bit corrected as well and how it will push forward depends on the significant movement of bitcoin, but we must know that this influence will not be long. I believe in what is happening now bitcoin will experience a bullrun after this.
That means it's not really bearish.

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February 25, 2021, 05:29:58 PM
 #15

It's still not quite right to say bearish because bitcoin is currently struggling at $ 50k and I think this is just a short correction and we'll see the movement after that, I just think that when bearish happens then the decline must continue, but it's still struggling.

I think that altcoin is still a bit corrected as well and how it will push forward depends on the significant movement of bitcoin, but we must know that this influence will not be long. I believe in what is happening now bitcoin will experience a bullrun after this.
That means it's not really bearish.

I bet that the price correction happened was not a basis to simplify the bull run is over. I bet that this might only a price correction and anytime soon may hit back to gain its past market value. As of now, since price correction takes place, it is the right time for an investor to invest in bitcoin if and only if they could afford to buy bitcoin at the amount of $ 45000 because for me, if i were going to ask, this price correction was too high to avail or invest in such kind of amount.

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February 25, 2021, 05:53:32 PM
 #16

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/_
Havent you consider on how fast we had moved from last quarter of year 2020 until to this 1st quarter of 2021? I do think that it is already sufficient and I don't really anticipate or expect for more.

Price is playing in between 50k and 60k and this is just like on the situation on looking when we are still between 18k and 20k price point and same goes with 27k to 39k price point.

We cant say yet if the bull run is over or just the market is really just preparing for some serious bounce up once again? Im not that expecting though but don't lose hope either.

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February 25, 2021, 07:30:08 PM
 #17

We get panic after decreasing the price. But we should avoid the panic sell and hold for a long term. For the correction, price is decreasing. I think, within short possible of time, price will be growing so fast.

Healthy correction is the key for next wave even it's very painful experience for newcomers how to manage in that hard time. HODL is the way to make big profit instead of reacting in panic but that accumulation phase will be over soon and again it will start rising.

 
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February 25, 2021, 08:03:58 PM
 #18

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/_

hopefully not, because this down on price only a corrections mate not a trend change from up trend to down trend
i see a lot of good news about this crypto world still show up, we need to pick the right coins now, and keep patience with confidence mate
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February 25, 2021, 08:16:25 PM
 #19

We get panic after decreasing the price. But we should avoid the panic sell and hold for a long term. For the correction, price is decreasing. I think, within short possible of time, price will be growing so fast.
Panic sell is only done by people who are mentally weak, cryptocurrency price movements are indeed very difficult to predict, but the corrections that occur are only temporary, after the correction the market will return in normal. Looking at the market chart that occurred in 2021, it is still in a positive trend and there is nothing to worry about. As long as Bitcoin is still at the top, altcoins will continue to follow the flow of bitcoin movements.

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February 25, 2021, 08:33:07 PM
 #20

That's right Bitcoin for now looks like it's struggling to get back up to $ 58k. But that doesn't mean the bull run will end, it's just short-term correction.
We just need to be patient a little, I am still optimistic that the Bitcoin price will recover in the near future. Then regarding altcoins,  it will definitely
be affected by the correction that occurred in Bitcoin, hence most of the altcoins are now also corrected. Don't let us panic seeing the current
market conditions, take advantage of the current price that is falling to buy some more potential coins. So when the market recovers, then we can
get profit.

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