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Author Topic: When is this bull run going to be over?  (Read 746 times)
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April 04, 2021, 11:28:52 AM
 #61

bitcoin price now in concolidations mode, i believe the price will break up and i'm sure we will see bitcoin price hit about $71K as the next target
and altcoins will follow the movements of bitcoin,
so, this bull run will not over in the near time
Before that, you should prepare yourself for the fluctuating because I think the price will not be easy to increase higher and hit $71k. Maybe we need more time to see bitcoin price start another rally, but that can happen anytime. If you can be ready for anything that can happen, you will not worry if, finally, the price will be up and down many times. You can use that time to buy low and sell high and I am sure you will have more chances to profit.

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April 04, 2021, 06:15:25 PM
 #62

bitcoin price now in concolidations mode, i believe the price will break up and i'm sure we will see bitcoin price hit about $71K as the next target
and altcoins will follow the movements of bitcoin,
so, this bull run will not over in the near time
Before that, you should prepare yourself for the fluctuating because I think the price will not be easy to increase higher and hit $71k. Maybe we need more time to see bitcoin price start another rally, but that can happen anytime. If you can be ready for anything that can happen, you will not worry if, finally, the price will be up and down many times. You can use that time to buy low and sell high and I am sure you will have more chances to profit.
We do not know, 60k wasn't looking that difficult but when we got here it became difficult. In fact 20k looked nearly impossible to break, there was the biggest wall I have ever seen there, it looked like it would take tens of billions of dollars to beat that. You know what happened? There was tens of billions of dollars there.

So long story short there are times when things look easy but turn out difficult and there are times when it looks impossible but easily done, we do not know what 70k will be like, we do not know what even 60k will be like because we went over just a bit once and that's it, and we do not know anything further neither. Maybe we won't even go to 71k or maybe we will breeze through that easily and go to 80k, I can't say.

I personally think that with some ups and downs along the way many times, we are going to reach 100k by November or so, maybe it will have some trouble along the way but that should happen, of course that's just my prediction.
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April 04, 2021, 10:29:44 PM
 #63

We do not know, 60k wasn't looking that difficult but when we got here it became difficult. In fact 20k looked nearly impossible to break, there was the biggest wall I have ever seen there, it looked like it would take tens of billions of dollars to beat that. You know what happened? There was tens of billions of dollars there.
If you look at the past market situation you will identify that whenever the price of bitcoin breaches the old all time high valuation then the real bull run starts and it is difficult to predict how long it will go, in the past two rallies we have seen how big the market can go after the struggles of breaching some resistance and once that is broken the market will rally as if there is no resistance to hold them back.

I personally think that with some ups and downs along the way many times, we are going to reach 100k by November or so, maybe it will have some trouble along the way but that should happen, of course that's just my prediction.
I do think that there is enough momentum to reach the valuations you are prediction but i think it all depends upon how these institutional investors are planning to book their profit.
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April 04, 2021, 11:09:03 PM
 #64

also in the current year. Many say that this bullish trend will continue during this whole year. There will be many surprises this year

I do agree with this dude and there are lots of good news were always coming.
i think that we will see another good news. The surprise should be the news that was coming from the big company. that being said that if more and more major platforms will be adopting cryptocurrency and then
it will not be only for this year but i think the bullish trend will continue until the next year consider the fundamental of crypto is very strong at this moment.
There was only a small dump that already occurred and i think the bearish trend will not come again.

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April 04, 2021, 11:26:10 PM
 #65

It is true that many factors keep this year's bullrun not going to end any time soon, as you have said Ethereum has also had a significant effect
on triggering the price of some ERC20 tokens. Moreover, the NFT hype and tweets from Elon Musk made the market booming and continued
to soar. And I agree that for now it is very difficult to make the market down, so I still HODL some coins that I consider potential. Hopefully Bitcoin
will return to the ATH price in the near future, so that the altcoins price will also go up.
bitcoin price now in concolidations mode, i believe the price will break up and i'm sure we will see bitcoin price hit about $71K as the next target
and altcoins will follow the movements of bitcoin,
so, this bull run will not over in the near time

It seems you understand what I want to say, it is true that I also believe the Bitcoin price will rise past the ATH price and go to the next target.
The target you set is almost the same as the target I have set, it is likely that the next Bitcoin price will pass the $ 70k price. If it does come true
that the Bitcoin price has been successfully pumped to a price of $ 70k, this will make the altcoins price pump too. With this conclusion, the bullrun
will not end anytime soon.

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April 05, 2021, 05:08:15 AM
 #66

If it was like the last one, it seemed to have about 6 or 7 cycles bull correction bull etc.


We are slowly getting to the bear trend as Bitcoin price failed to go beyond the resistance, and we already tested the resistance twice already as far as I know, now we are down again. Bear is coming, and bull is not that strong anymore so expect a more volatile ride. Let’s just see if altcoins will enter into a strong bull run while Bitcoin is on a down trend again.
It is still not definitive the bull run is over, bitcoin has the tendency to not move for longs periods of time but as long as it is close to the resistance level then it has the possibility to go above it at any time, however during the last weeks altcoins have been outperforming bitcoin and that is a clear sign that the market could experiment an important correction as the growth in bitcoin is always based on good fundamentals while the growth in altcoins is mostly based just on speculation.
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April 05, 2021, 09:29:46 AM
 #67

Somehow I think we are now in the altcoin season and we will see Bitcoin continue to trade sideways over the next few months. It will still be quite volatile but at least the correction this time won't be as drastic as it was before.
I think right now it is better for crypto investors to focus on other coins as opposed to BTC. They offer potential for a return of 20%-plus and it's much less likely that the price will fall off a cliff.

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April 05, 2021, 09:35:44 AM
 #68

At the beginning of last year, many gave the opinion that this bullish trend would have the same pattern as in 2017. This means that this month the market should have experienced a change in trend. but at the present point the market is trying to break through its new ATH. and this tenu differentiates between 2017 and also in the current year. Many say that this bullish trend will continue during this whole year. There will be many surprises this year
or this bullish is actually just the beginning of the real bullish in this year. so many large company adopting bitcoin you can see the bullish not gonna go anytime soon and the current price could become the normal price of bitcoin in the future and it seems the market trend always oppose what people have predicted as many people already saying that this time around gonna be the same as it was in 2017 but that's not true at all, imagine bitcoin hitting the newest ath at around $100K price that's gonna be amazing.

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April 05, 2021, 09:43:51 AM
 #69

If it was like the last one, it seemed to have about 6 or 7 cycles bull correction bull etc.


So how many Cycle have we already Now? are we closing to that Over?

AS long as the price of Bitcoin stays in 30k up we will still in Bullrun and nothing will come close to that Going over .

There are many times that after the Halving effect market fell down harder in the following year but now?

Look how strong the market is and how positive the approach of outside world here.









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April 05, 2021, 11:13:36 AM
 #70

Somehow I think we are now in the altcoin season and we will see Bitcoin continue to trade sideways over the next few months. It will still be quite volatile but at least the correction this time won't be as drastic as it was before.
I think right now it is better for crypto investors to focus on other coins as opposed to BTC. They offer potential for a return of 20%-plus and it's much less likely that the price will fall off a cliff.

Probably yes, if we are investing in altcoins last year we can say that we gain more than what we got from Bitcoin. As we can see that almost all potential altcoins did the hypes, it is more than twice. Maybe we could say it was a lesson to learn but because nothing in crypto is predictable, and mostly we just focus on Bitcoin, we ain't to blame ourselves for missing the chance.

But anyway, it was not too late for us to start, however, the risk is too high and that we need to be careful in choosing coins to invest otherwise, we just fall into the trap.

R


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April 05, 2021, 11:33:40 AM
 #71

We do not know, 60k wasn't looking that difficult but when we got here it became difficult. In fact 20k looked nearly impossible to break, there was the biggest wall I have ever seen there, it looked like it would take tens of billions of dollars to beat that. You know what happened? There was tens of billions of dollars there.

So long story short there are times when things look easy but turn out difficult and there are times when it looks impossible but easily done, we do not know what 70k will be like, we do not know what even 60k will be like because we went over just a bit once and that's it, and we do not know anything further neither. Maybe we won't even go to 71k or maybe we will breeze through that easily and go to 80k, I can't say.

I personally think that with some ups and downs along the way many times, we are going to reach 100k by November or so, maybe it will have some trouble along the way but that should happen, of course that's just my prediction.
Maybe it looks not difficult, but what we saw before, bitcoin price only once reaches $60k and after that, the price stable at the current price. So that makes me wonder that bitcoin will be staying at a price now for a while. It will need more time to break the wall, which we do not know when will happen. So that can make us wait for a while and have more patience.

I am sure that many people are waiting for the bitcoin price to pass $60k and trying to rise to $70k. We have two options for this, which we will see $60k-$70k sooner or later or we still see $55k-$59k for a while because bitcoin needs more supports to lift the price.

I do not have a problem if the bitcoin price can reach $100k in November or more because that means I can have more time to earn more satoshi. If I can have many bitcoin, I will be ready to sell at the highest price later.

people must be ready for all kind situations in crypto market, because its very volatile
up and down will always come, but in my analysis the market now still in bullish trend now, so prepare yourself for the next waves my friend
regards
I hope that so because I think people now become smart and can research before they decide. But if they can not do what they need to do, they will regret it in the future. Yes, the market is still a bullish trend, but the price will fluctuate as usual, so if you want to trade, make sure you analyze it before entering the market.

.
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April 05, 2021, 11:51:06 AM
 #72

I dont know when this bull run will be over but i know for sure that the 3rd DeFi szn is upon us and If you are bullish on DeFi and #Oracles you should be bullish on DisBalancer
https://disbalancer.com/  - one click solution against DDOS. This one will be big

https://disbalancer.medium.com/disbalancer-how-it-works-9da9e555bf52

Dont miss the token sale!
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April 05, 2021, 10:11:36 PM
 #73

At the beginning of last year, many gave the opinion that this bullish trend would have the same pattern as in 2017. This means that this month the market should have experienced a change in trend. but at the present point the market is trying to break through its new ATH. and this tenu differentiates between 2017 and also in the current year. Many say that this bullish trend will continue during this whole year. There will be many surprises this year
This year have a big difference, before it's only few whales that are taking over the market but now there are bigger players not just Elon but more companies who might not let the price fall too much since they might want to earn more from the price it can achieved in the future more

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April 06, 2021, 03:27:25 AM
 #74

In my opinion, i think the real bull run is not even happening yet, While of course there is no guarantee that history will repeat itself, i think that this cycle looks very similar to 2017, meaning that the true Bitcoin parabolic rally has not yet started.
so i think the bull is not going be over in near time, cryptospace keep going huge day by day and it can last longer than we thought, i think 2021 is really a great year for crypto !

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April 06, 2021, 08:41:14 AM
 #75

In my opinion, i think the real bull run is not even happening yet, While of course there is no guarantee that history will repeat itself, i think that this cycle looks very similar to 2017, meaning that the true Bitcoin parabolic rally has not yet started.
so i think the bull is not going be over in near time, cryptospace keep going huge day by day and it can last longer than we thought, i think 2021 is really a great year for crypto !
The bull run was already happening because bitcoin can jump to the $59k and even hit $61k. But we still have the next bull run that will happen to bitcoin and altcoin itself does not come. So we still have more chances to see the price will jump higher and if you are not ready for that, you will miss the chance to make a big profit. It seems this year will bring a good chance for the crypto user to back to make a lot of money because this year, many people join the crypto world and invest their money in many coins.

.
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April 06, 2021, 09:43:45 AM
 #76

If it was like the last one, it seemed to have about 6 or 7 cycles bull correction bull etc.


Look How the market getting stronger

https://coinmarketcap.com/

Is this the sign of any Ending of Bullruning? and also Look at the market movement today



That is the Sign of Bullying market mate , and the longer it takes is the higher market capitalization is coming .

So asking me??

Not in this near future.

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April 08, 2021, 03:58:48 AM
 #77

Somehow I think we are now in the altcoin season and we will see Bitcoin continue to trade sideways over the next few months. It will still be quite volatile but at least the correction this time won't be as drastic as it was before.
I think right now it is better for crypto investors to focus on other coins as opposed to BTC. They offer potential for a return of 20%-plus and it's much less likely that the price will fall off a cliff.

I don't really like it but it seems that the chances of that scenario happening are increasing by the day, it seems that retail investors are scared about the high price of bitcoin and once again they are preferring to invest in altcoins because they see that they are cheaper, and when we add that an ethereum upgrade is going to happen during the next week then I think this explains the increased interest that we are seeing in altcoins.
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April 08, 2021, 06:21:14 AM
 #78

In my opinion this bull run is different from the past bull run because of pandemic, government print more money out of thin air to save the economy and it may result to inflation. Many are jumping to bitcoin to hedge their risk against inflation. I think this bull run is a very long bull run in history of cryptocurrency.
This time around the market feels more solid because the participation of institutional investor that are making profit not from the pump and dump scheme but a long term investment. They are bagholding their crypto that were bought last year so hard unlike the usual whales that triggers panic selling after bull run. I really believe that we're now just in the beginning of massive bullrun of this decade, not some yearly cycle or anything.

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April 08, 2021, 02:22:47 PM
 #79


This time around the market feels more solid because the participation of institutional investor that are making profit not from the pump and dump scheme but a long term investment. They are bagholding their crypto that were bought last year so hard unlike the usual whales that triggers panic selling after bull run. I really believe that we're now just in the beginning of massive bullrun of this decade, not some yearly cycle or anything.
It is literally true that the market now was feel more solid than it was last 2 years ago. We can't deny it because it is what the market of cryptocurrency shown in the coinmarket cap graphs and tally and one of the reason behind it was of course the presence of intitutional businesses, not just small business but big business and known all over the world like Tesla. The market of cryptocurrency today was far different from the past, so i guess if ever the market price movement goes lower but not lowest and its just part of the price correction.
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April 08, 2021, 03:28:37 PM
 #80

~snip~
Maybe a massive bull run will start in the near future but it won't be the largest one without more good news related to crypto market. In that case crypto price will increase gradually and small correction will happen in between. Institutional investors played a good role in crypto price. If crypto currency gets accepted by more big institution/company in upcoming days, then we will see one of the biggest bull run of this decade. There will be no panic selling and the price rally will continue for long term.

R


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