TimeTeller
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March 19, 2021, 11:14:40 PM |
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We are still into the bullish season as for now. The dips in terms of the price that we are seeing this past few days are just normal for we are slowly getting into correction because the price have been hyped ever since the entrance of this year so we are into a slowly taking down but that doesn't barely mean we are entering the bearish state. As of now, the market is still looking good on its price specially with Bitcoin. It is just that normal scenario to see ups and downs after a big hype but there is nothing to really worry about. Just keep calm and do not overthink of a normal scenario to be bearish already.
And in reference to the post of the OP, it was about 42-44k when he asked this question. And not even a month, btc managed to be above 55k level again. So I would say, we are still in the bullish market. And besides, if you compare the price even at 40k level from previous years, what will you say? Definitely, bullish. Even above 30k is bullish to me if you want to look at bitcoin's history.
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panganib999
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March 19, 2021, 11:31:07 PM |
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We are still into the bullish season as for now. The dips in terms of the price that we are seeing this past few days are just normal for we are slowly getting into correction because the price have been hyped ever since the entrance of this year so we are into a slowly taking down but that doesn't barely mean we are entering the bearish state. As of now, the market is still looking good on its price specially with Bitcoin. It is just that normal scenario to see ups and downs after a big hype but there is nothing to really worry about. Just keep calm and do not overthink of a normal scenario to be bearish already.
And in reference to the post of the OP, it was about 42-44k when he asked this question. And not even a month, btc managed to be above 55k level again. So I would say, we are still in the bullish market. And besides, if you compare the price even at 40k level from previous years, what will you say? Definitely, bullish. Even above 30k is bullish to me if you want to look at bitcoin's history. Yes. It has a point because as we all know even we experienced correction last time, BTC manage to come back to the top or to its new ATH and I would definitely say that it is bullish, however we all know that the market is volatile and very unstable when it comes to value or the price. I think bitcoin will definitely experience bearish yet I think that it would likely to attain bullish identity. BTC might not be that so good right now but it doesn't improve only a night, right? I think soon enough it will be blast off to the moon again.
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Shasha80
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March 19, 2021, 11:48:03 PM |
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If you look at the steady movement of Bitcoin at the price of $ 58k and several times trying to pass the resistance price at $ 60k. I believe Bitcoin is still in a bullish trend right now, it's just a matter of time waiting for the trigger for Bitcoin to cross the $ 60k price. So it's best now not to rush into action, my advice is to monitor the price of Bitcoin for at least the next week. Hopefully there will be good news that can be a trigger for the rise in the price of Bitcoin, I am sure that now if Elon Musk makes tweets related to Bitcoin. Could push the Bitcoin price past the $ 60k price tag.
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stomachgrowls
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March 19, 2021, 11:50:40 PM |
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We are still into the bullish season as for now. The dips in terms of the price that we are seeing this past few days are just normal for we are slowly getting into correction because the price have been hyped ever since the entrance of this year so we are into a slowly taking down but that doesn't barely mean we are entering the bearish state. As of now, the market is still looking good on its price specially with Bitcoin. It is just that normal scenario to see ups and downs after a big hype but there is nothing to really worry about. Just keep calm and do not overthink of a normal scenario to be bearish already.
And in reference to the post of the OP, it was about 42-44k when he asked this question. And not even a month, btc managed to be above 55k level again. So I would say, we are still in the bullish market. And besides, if you compare the price even at 40k level from previous years, what will you say? Definitely, bullish. Even above 30k is bullish to me if you want to look at bitcoin's history. Yes. It has a point because as we all know even we experienced correction last time, BTC manage to come back to the top or to its new ATH and I would definitely say that it is bullish, however we all know that the market is volatile and very unstable when it comes to value or the price. I think bitcoin will definitely experience bearish yet I think that it would likely to attain bullish identity. BTC might not be that so good right now but it doesn't improve only a night, right? I think soon enough it will be blast off to the moon again. Everytime Bitcoin got stuck into a strong resistance then it would really be testing out for how many times just like on what happened in 20k.It did take a while before the market had break it out but to say that there are various news of big adoption on that one which it did successfully break out that resistance and even go to high peak points. Price is moving way too minimal for already 3 days as far as i remember. We have been in the bull market for a very very long time and I wonder when it will stop. The price seems like it is stuck at levels between 55-60k dollars for now. I think it is at a critical level and it is open for any kind of surprises. We can even see an unexpected drastic drop in the price or even a new ATH soon.
We had able to reach out 60k but it didnt able to hold that long and after that it did really make out corrections but those are only on small percentage decreases and as mentioned that the price is playing in between 56-60k which its actually hard to make out decisions but for scalping then this one is the most preferred recipe when dealing with movements. Bear or bull it doesnt matter as long it moves even on minimal scale.For those who do love on swing trades then this time is the hardest part on making decision where you dont know on when and where it would really be heading on.
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Vaskiy
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March 19, 2021, 11:59:43 PM |
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We're in the bullish trend, because the thread is created when the price was around $45k. Today we're standing close to the range of $60k. This means the market is bullish and it is gaining resistance. At any instance the bullish move can go high. If the trend is believed to be bearish, now or few weeks back the market would've crashed falling low to $50k. Every top altcoins are also in good move, so we can be sure that market is bullish.
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Amejoaquim
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March 20, 2021, 04:47:14 AM |
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At this time i think we're still in bullish especially after the postpone tax in us+stimulus from biden, in the next few weeks we gonna see almost every big coins will rise.
i think this news is good for every trader who looking quick profit.
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HanaTenun
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March 20, 2021, 11:26:25 AM |
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The price of bitcoin in the market is currently at 60k, the market chart is currently experiencing bullish, but after yesterday it reached around 62k, the market experienced a price reversal but it looks like the price will go up again, I also see some toolscoin price has increased quite stable for several months this. so I can say that right now the market has been bullish for a long time maybe for the next week the market chart will experience a price reversal and will go up again to reach a new ATH.
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Kong Hey Pakboy
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March 20, 2021, 11:40:09 AM |
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The price of bitcoin in the market is currently at 60k, the market chart is currently experiencing bullish, but after yesterday it reached around 62k, the market experienced a price reversal but it looks like the price will go up again,
I guess we are still on the bullish part yet, which is pretty scary considering that this year's season is different than the other previous years so to everyone, be careful and don't be greedy because we don't exactly know when will the bull season stops and the bear season starts.
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finaleshot2016
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Degen in the Space
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March 20, 2021, 11:54:36 AM Last edit: March 20, 2021, 04:17:45 PM by finaleshot2016 |
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The price of bitcoin in the market is currently at 60k, the market chart is currently experiencing bullish, but after yesterday it reached around 62k, the market experienced a price reversal but it looks like the price will go up again,
I guess we are still on the bullish part yet, which is pretty scary considering that this year's season is different than the other previous years so to everyone, be careful and don't be greedy because we don't exactly know when will the bull season stops and the bear season starts. It's like investing in an asset where we don't have any idea, we're clueless on what will happen in the next few months that's why we need to be careful on spending money on crypto. If they really want to invest in cryptocurrency like bitcoin, they should study it and learn from the trading experts if it's still profitable because wrong moves can cause huge defeat since BTC right now still resisting. Currently on bullish trend, still close to the new all-time high, and still waiting for a correction. I'm expecting BTC to go for 100k. Is it possible?
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k@suy
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March 20, 2021, 02:35:19 PM |
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We have been in the bull market for a very very long time and I wonder when it will stop. The price seems like it is stuck at levels between 55-60k dollars for now. I think it is at a critical level and it is open for any kind of surprises. We can even see an unexpected drastic drop in the price or even a new ATH soon.
I do believe that the cryptocurrency market was still in bullish trend, those dips are only a price correction but the good thing about it was the price of bitcoin can easily make it up from price correction so still there is no sign of bearish market so far as per on my technical analysis of the market. If you look at the steady movement of Bitcoin at the price of $ 58k and several times trying to pass the resistance price at $ 60k. I believe Bitcoin is still in a bullish trend right now, it's just a matter of time waiting for the trigger for Bitcoin to cross the $ 60k price. So it's best now not to rush into action, my advice is to monitor the price of Bitcoin for at least the next week. Hopefully there will be good news that can be a trigger for the rise in the price of Bitcoin, I am sure that now if Elon Musk makes tweets related to Bitcoin. Could push the Bitcoin price past the $ 60k price tag.
Maybe Elon Musk tweet has additional impact to bitcoin, but i solely believe that the bullish trend of bitcoin today was because of the continuing engagement of new investors and traders before the tweets of Elon Musk came into picture
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Wilhelm
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March 20, 2021, 02:49:18 PM |
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This phase happens every cycle. What is happening now is the following - people leaving because they made enough - weak hands pussying out - traders making profits on the volatility - newcomers getting in - whales trying to kill short selling and leveraged longs. Basically getting inexperienced crypto traders by the balls. This takes time, but the longer at this level the more people invested at this level and we can go up. No FOMO yet so no bear market yet. Will go up to >100k shortly ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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Rengga Jati
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March 20, 2021, 09:25:48 PM |
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It is clear if we are still in a bullish trend, even we seem specifically starting for the altcoin season. Most crypto coins continue to grow and the statistics of their price improvements showing good progress lately. Even if there should be some corrections, but the prices of crypto coins always increase again after several days later. It includes the price of Bitcoin, the price zone is around $55K-$62K lately, this is still a high price of Bitcoin this year.
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Saisher
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March 21, 2021, 11:26:19 AM |
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We have been in the bull market for a very very long time and I wonder when it will stop. The price seems like it is stuck at levels between 55-60k dollars for now. I think it is at a critical level and it is open for any kind of surprises. We can even see an unexpected drastic drop in the price or even a new ATH soon.
It could go either way, we never know I always treat the market highly volatile and anything can happen and always expect the unexpected to happen, part of being a good investor is to not take away the risk, even if the market is on a bullish trend, there's always manipulation, shill and FOMO.
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Viscore
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March 21, 2021, 11:55:00 AM |
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This what I consider with the market situation...
$20k and below - bearish season $20k and above- bullish season
And for that specific price range, I could say that we are still in the Bullish season. The market shows impressive market growth, a long and sustaining market demand had put the price still at high. Of course, dumps can be soon to happen and yet, still unpredictable.
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Sled
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March 21, 2021, 01:50:42 PM |
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We have been in the bull market for a very very long time and I wonder when it will stop. The price seems like it is stuck at levels between 55-60k dollars for now. I think it is at a critical level and it is open for any kind of surprises. We can even see an unexpected drastic drop in the price or even a new ATH soon.
It could go either way, we never know I always treat the market highly volatile and anything can happen and always expect the unexpected to happen, part of being a good investor is to not take away the risk, even if the market is on a bullish trend, there's always manipulation, shill and FOMO. And part of us is to prepare for the incoming. We know that volatility still exists, dumps and dumps can't be stopped. And people who are easily getting into FOMO will likely have to suffer losses. Dumps give as the way to invest more, I know many of us are waiting for that moment but somehow, the rally stood still and keeping the price still high. It is either we are in the bullish season ( which is obviously we are) or bearish season, the most important is that we are enjoying the market flow.
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Karartma1
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March 21, 2021, 03:14:48 PM |
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Bullish all my life, or at least until bitcoin reaches the infamous $100,000! We haven't got there yet and we will get there, I don't know if this year or the next one. Some up and downs along the way will be inevitable but the road is marked out.
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gabbie2010
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March 21, 2021, 04:36:35 PM |
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Weekly BTCUSD chart indicate a very strong bullish market apparently with price recently formed higher high swing although there are some minor dips or minor corrections wlhie RSI indicator is showing overbought in all the higher time frames that does not necessary mean a bearish run is imminent, the price is the king indicator are just guides. Personally I believe the price is heading to $70K before hitting $100K before the end of the year. keep accumulating for the better days ahead.
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Oilacris
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March 21, 2021, 07:52:51 PM |
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Basing off with technical then we are really still on a bullish market but we dont know on how long it would last but why would worry? Market can turn upside down anytime.
this is why its much better off to secure your position or profits while you still can unless if you are a hodler then you shouldnt really care at all.For moving prices then it all varies
with the demand.You cant tell on who's getting in and who's getting out in the market at the moment but those would really be composed of on what @Wilhelm said above which is actually on point.
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Jgatsby
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Pretty kewl right?
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March 21, 2021, 09:36:14 PM |
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I still consider that bullish season is far from over, I've been seeing a lot of articles which I also believe that it will continue until 2022. However, being cautious of the correction which can hit anytime soon won't hurt.
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livingfree
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March 21, 2021, 09:51:01 PM |
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I still consider that bullish season is far from over, I've been seeing a lot of articles which I also believe that it will continue until 2022. However, being cautious of the correction which can hit anytime soon won't hurt.
I reckon. We're not yet seeing the bullish season to be ended. The market is still bullish and bearish moment haven't seen any sign. It is what the assumption of many predictions too that bullish run will be ending by 2022. But that's just a prediction and the possible high for this year would be $100k.
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