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Author Topic: When is this bull run going to be over?  (Read 723 times)
paramind22
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March 24, 2021, 08:59:26 PM
 #1

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


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March 24, 2021, 09:46:51 PM
 #2

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.

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March 24, 2021, 11:11:20 PM
 #3

I think it will take about 1 or 2 months to really confirm the bull market is over but yes we are going there. Wait another week and if it bounces again, the cycle could just be waiting for it to happen. The one thing that makes the market fascinating is that the altcoins aren't dropping sharply. If there is anything that should drop faster, it's the altcoins.

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March 25, 2021, 01:46:41 AM
 #4

I've just encountered a series of losses coming from feature orders.

I think this is the right time to buy and hold on altcoins that you think are bullish in good times.
 
For this volatility, i think it's time for people to think about the future of the market in the near future, i personally think that the uptrend is still going on.

So just be patient there will be it all, and i am starting to plan my upcoming LONG orders. Smiley





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March 25, 2021, 04:35:00 AM
 #5

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

We do not make sure if the bull or bear comes. I mean, we do not know when it will come. But if you check on the market situations, the bear trend or downtrend comes now, and the market is getting low, and I think some traders are panicking to see the price drops significantly than the last high price. Yesterday, we see the bitcoin price still at $56k, but today, we see the price is below $52k, and the price still goes down. I wonder how long this bear trend will stay on the market, but I am sure that the correction comes again.

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March 25, 2021, 05:14:05 AM
 #6

A lot are in green now, seems like a missed buying opportunity perhaps.  Do coinmarketcap on hour/day/week.

https://coinmarketcap.com/all/views/all/

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March 25, 2021, 08:32:21 AM
 #7

I think that is when I think about how to sell off all my current crypto, the uptrend is happening and despite the recent sharp decline I still think it's on the price bracket. The worst case scenario when the market starts to fall then I think there are plenty of other options for those in this market to find opportunities to increase profits.

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March 25, 2021, 08:48:52 AM
 #8

A lot are in green now, seems like a missed buying opportunity perhaps.  Do coinmarketcap on hour/day/week.

https://coinmarketcap.com/all/views/all/
It's caused by a tweet that created by elon yesterday but this day im not even seeing the majority of crypto are in bullish mode except the pump and dump coins on gainers and losers tab.

I think that  bearish trend if bitcoin caused by this news https://cointelegraph.com/news/hedge-fud-manager-ray-dalio-says-good-probability-of-a-us-bitcoin-ban
That gives a bad sentiment to the market

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March 25, 2021, 09:01:10 AM
 #9

It will take more time to get a more accurate understanding of its upcoming trend, the dreaded things at this point really are an unnecessary stupidity, maybe if you are already making a lot of profits. From this market, it is understandable to leave it. But we still have many other things that I think will drastically boost the price of BTC and stimulate this entire market to continue on its uptrend.

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March 25, 2021, 09:07:29 AM
 #10

I think that  bearish trend if bitcoin caused by this news https://cointelegraph.com/news/hedge-fud-manager-ray-dalio-says-good-probability-of-a-us-bitcoin-ban
That gives a bad sentiment to the market

Isnt this one of these times when people consider Bitcoin dead? How many times already it was announced that Bitcoin bubble is going to explode, die, ban and etc?
This is just another drop. I remember nearly 1.5 months ago Bitcoin price also dropped instantly to $40k, but later recovered. People just need to wait and get used to this ups and down, and simply dont panic sale.

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March 25, 2021, 09:17:49 AM
 #11

I still have and plan to buy more coins like ETH, DOT, BNB. The current market is a bit volatile, but if you have not gotten used to it over time, you should also consider leaving it. The main trend is still bullish, so don't rejoice in this market anymore.

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March 25, 2021, 09:24:04 AM
 #12

Bitcoin is so volatile so it just a normal scenario.. Dont believe on what you saw in some news or in your doubts because spreading such things can really cause a lot in bitcoin circumstances.. Just relax mate.. indeed how many times this thing happened but after the worst situation it always pump high to reach the current ATH again. So no need to worry.. Just keep holding or grab the opportunity to buy more while its getting low. Maybe a good idea mate..

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March 25, 2021, 09:34:17 AM
 #13

A lot are in green now, seems like a missed buying opportunity perhaps.  Do coinmarketcap on hour/day/week.

https://coinmarketcap.com/all/views/all/
Looking at the top 100, there is more blood that you can see there. But this doesn't mean that it's already the end of the bull run. Normal correction comes usually for us to have a better price which might come next. And another weekend is about to come and as usual, what many are expecting is that there's a possibility that it's going to be another drop even before it recovers.


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March 25, 2021, 09:40:36 AM
 #14

A lot are in green now, seems like a missed buying opportunity perhaps.  Do coinmarketcap on hour/day/week.

https://coinmarketcap.com/all/views/all/
Looking at the top 100, there is more blood that you can see there. But this doesn't mean that it's already the end of the bull run. Normal correction comes usually for us to have a better price which might come next. And another weekend is about to come and as usual, what many are expecting is that there's a possibility that it's going to be another drop even before it recovers.

There is always blood in coinmarketcap top, because only few altcoins managed to update ATH, while other are far away from reaching it.
But in general it does not matter if the market is green or red, everything depends on the price when person bought cryptocurrency.

I had few alts that were "green" most of the time and people were happy about it. But I remember buying this alt 2 years ago with the price 3 times higher than it is now...

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SyndicateLabs
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March 25, 2021, 09:48:24 AM
 #15

If I knew what the future would be like, I just wanted to give a message to the OP, it will end when you see people start selling bitcoin $100k or ETH $5K.

The long way is still waiting for us ahead, the uptrend is clear from the beginning of the season until now, so please keep your spirits stable and avoid fluctuating before corrections like the past days. There is nothing to be afraid of as we have and will continue to make more profits from this market.

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March 25, 2021, 10:19:30 AM
 #16

A lot are in green now, seems like a missed buying opportunity perhaps.  Do coinmarketcap on hour/day/week.

https://coinmarketcap.com/all/views/all/
Looking at the top 100, there is more blood that you can see there. But this doesn't mean that it's already the end of the bull run. Normal correction comes usually for us to have a better price which might come next. And another weekend is about to come and as usual, what many are expecting is that there's a possibility that it's going to be another drop even before it recovers.

There is always blood in coinmarketcap top, because only few altcoins managed to update ATH, while other are far away from reaching it.
But in general it does not matter if the market is green or red, everything depends on the price when person bought cryptocurrency.

I had few alts that were "green" most of the time and people were happy about it. But I remember buying this alt 2 years ago with the price 3 times higher than it is now...

What I mean with that is the market is bleeding this time and I don't see those greens that he's saying. And if he said that he has missed the opportunity of buying.
This is the time for him to take time and start buying for himself. There's more to see to the market after it has went through bloody days because that's the time that it will recover.
Congratulations to you if you have alts that became 3x higher today.


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March 25, 2021, 12:49:16 PM
 #17

A lot are in green now, seems like a missed buying opportunity perhaps.  Do coinmarketcap on hour/day/week.

https://coinmarketcap.com/all/views/all/
Just a quick update, the market turns to a bloody market again and this is how the market works, we rise we fall because we are dealing with a very volatile market that can change anytime. Bull is still here, and in one day it can change to a bear trend again, so technically its hard to tell if we’re still on a bull trend or we are entering into the bear trend. I’m still looking for a month price movement chart, it is still bullish though.

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March 25, 2021, 01:34:52 PM
 #18

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


It's not really.  Each stage will have a correction, this year's bull run has been stretched through each stage with catalytic stretches.  But for sure there will not be a gradual increase forever, and today seems unusual, it could be a big sign of correction for the end of March.

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March 25, 2021, 06:25:48 PM
 #19

Seeing the drastic collapse in price of bitcoin from 60k to 51k in short span of just 3 days, I think bull run is over and bears are taking over bulls. But you may take it as dip and a buy call from bitcoin. Today is the worst moment to take decision, because everyone on market is very nervous.
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March 25, 2021, 07:06:15 PM
 #20

Seeing the drastic collapse in price of bitcoin from 60k to 51k in short span of just 3 days, I think bull run is over and bears are taking over bulls. But you may take it as dip and a buy call from bitcoin. Today is the worst moment to take decision, because everyone on market is very nervous.

I think I'm going to wait to see if it goes to 45K to see it as a dip enough to buy.

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