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Author Topic: ARE WE STILL BULLISH OR BEARISH ?  (Read 930 times)
Viscore
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March 21, 2021, 09:55:07 PM
 #121

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.

I guess 2022 is too long, that doesn't fit according to the trend of the market, I guess we will see it end this first half of the year and we will see a bearish run until the end of the year, price isn't healthy this way, the more the price rises, the more FOMO will happen and panic will be heavier this time.
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March 21, 2021, 10:10:54 PM
 #122

I see serious arguments both for the continuation of the bull market and for the beginning of the bear market. And it is natural that no one now can know exactly what the situation is in reality (if there was such a person, he would quickly make millions with this skill). Therefore, you need to act depending on your personal situation - do not be greedy and fix some of the profits if there is any, diversify investments and not risk amounts that would be critical for you. These tips are universal and apply to any bullish or bearish market.

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March 22, 2021, 09:43:06 PM
 #123

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.

I guess 2022 is too long, that doesn't fit according to the trend of the market, I guess we will see it end this first half of the year and we will see a bearish run until the end of the year, price isn't healthy this way, the more the price rises, the more FOMO will happen and panic will be heavier this time.
Not that long.

We're already near to it by 3 more quarters. The first quarter of the year is about to end within a week. It isn't just only increasing, as you can see, we've been into several dips.

And that's a good consideration why many are thinking that this bull run can last up to 2022. But who knows right? it is all a speculation.

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March 22, 2021, 10:15:10 PM
 #124

Think we're seeing just the first inning of a multi-year bull run super cycle. Market is more mature, things don't get super excited too quickly and result in a blow off top and crash. We're 5 months in to a major bull run and instead of seeing nonstop booms and busts as we head toward a crazy peak and crash, we're seeing....stability!

Still yet to see if this is just short term steadiness or not, but normally after a correction when Bitcoin comes back up and breaks through the previous ATH it shoots off on another short boom. But instead we see it stabilizing in the mid-to-high $50,000s after briefly hitting a new ATH over $60k. To me this suggests the market is super healthy rather than starting to get bubbly.

Participants aren't FOMOing in but they aren't panic selling either. Price is just stabilizing a bit. One path this could take is we could see bull run cool off and price stay in the $40,000s and $50,000s for a spell - already spent the past 6 weeks in that range now. I think perhaps we saw the initial foray of institutions into Bitcoin, those that are the most forward thinking, and things are calming down again now, as these new market participants driving the price are used to 10% gains a year and get wary about the kind of moves bitcoin does. So I definitely think we could see a multi-year step-cycle bull run pattern where a new wave of institutions comes in and then get scared cuz they price went up by tens of thousands so market cools off and stabilizes at the higher price and then once these institutions get used to seeing the new higher price for a while the next wave comes in.

Just a theory. But if it's the case then maybe we won't see the next series of pushes to $100k range until late Spring/Summer, but then rather than a crash we'll see the market get used to a price around $100k for a bit and then push a bit further around end of the year. And this means we won't have a bull run peak this year. Rather this year would just be the first year of a gradual progression from $10k to something like $500k or $1 million in the next 5 to 10 years.

Then again maybe the market is just taking a brief break, gathering tinder for the next 50% gain next month. Time will tell. Either way, definitely BULLISH.
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March 22, 2021, 11:02:05 PM
 #125

We are still in bullish season, that's why you can see lots of coins easily to pump and many institutions join in cryptocurrency. Even in the bullish season, we will see the price drop but don't worry about that because the price easily to recover. This moment is buy and hold, remember that so buy as much as you can before you miss it

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March 22, 2021, 11:10:32 PM
 #126

As the market looks, I think it is still bullish, also we cannot rule out that Microestrategy and Elon Musk are still buying Bitcoin, obviously there are many institutional investment, in fact some are already considering moving their money from Gold to Bitcoin, today the president of The FED did not hesitate to say that Bitcoi could replace Gold despite its high volatility and with its great speculation power, but it does not trust that it is a Safe Haven, because in the face of Fiduciary money it may be the best alternative, and if They say this is because they have most likely seen the huge bubble that exists in FIAT money.

For these reasons I believe that the market will continue to rise, unless it goes above $ 60k it will be new levels that will test the offer.

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March 22, 2021, 11:49:11 PM
 #127

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.
I hope it is true but cannot trust those articles all the way. Even if there is still no sign of bearish, who knows in the next few weeks, we saw the bearish signs. Remember if the crypto market isn't something really predictable. As its volatility, everything can happen in the crypto market in the near future. So, always prepare for a bearish anytime.

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