6erth6rind6ain (OP)
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April 09, 2021, 01:21:46 PM |
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Ok, I keep hearing a phrase used a lot when watching news videos about crypto currency as in:
"This is gonna happen by the end of the bull run"
"value of x currency is predicted to rise/fall to x value by the end of this bull run"
"things look very bullish"
As a beginner I've managed to figure out what the term bullish means, and it seems to apply to same term "bullish" when dealing with stock market trade. And through that I can deduce what "bull run" means.
But if I watch a youtube video that is released TODAY, and the narrator says "x currency is going to rise/fall to x value by the end of this bull run", what is the time frame he is talking about? When is this bull run(whatever that is) supposed to end?
When I tried to google this, I only find information about a historic event that has nothing to do with cryptocurrency.
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YOSHIE
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April 09, 2021, 01:56:30 PM |
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When is this bull run(whatever that is) supposed to end?
No problem, maybe you are a busy person, so maybe you don't have time to find / read the same topic that has been discussed and asked here. I hope% the information below can make you a little relieved about: the topic: "When is the end of the bull run" you want to ask. Happy reading, hope you can find a bright spot for you. 1. Topic: When BTC Bull run will end?2. Topic: Bull run: will it end in May?3. Topic: When will the current Bull run stop4. Topic: 2020/2021 BULL RUN, COULD IT BE ENDING?
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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NeuroticFish
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April 09, 2021, 02:06:07 PM |
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bull run(whatever that is) supposed to end?
You could start by reading something like " An Overview of Bull and Bear Markets" to get some understanding of what bull run / bull market and the opposite (bearish) means. And as an answer for you: it's hard/next to impossible to predict clearly when will it end. Right now the price is on up trend. Corrections happen now and then. At some point the down trend will be bigger and longer than a correction and we will actually leave the bull run and go into bearish market. Take a look to a bitcoin chart (set it for 3 days, top-left) and look on what has happened in 2017 (bull run) and 2018 (bearish).
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6erth6rind6ain (OP)
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April 09, 2021, 02:17:48 PM |
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lol thanks. Yeah I'm in school full time on top of working part time and have a 6 year old at home so I'm running around like a chicken with its head cut off haha. I pop in and out of this forum whenever I have random breaks througout the day. Thanks! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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joniboini
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April 09, 2021, 02:29:49 PM |
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lol thanks. Yeah I'm in school full time on top of working part time and have a 6 year old at home so I'm running around like a chicken with its head cut off haha. I pop in and out of this forum whenever I have random breaks througout the day. Thanks! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The point is nobody knows for sure, and each one might refer to a different time frame. What we talk about here might not what YouTubers assume, and vice versa. Even we can't arrive at the same conclusion as to when the bull run starts, or whether we're already in the bull run or not. We could only be sure when the time pass, just like how the last cycle was. It's not gonna change anytime soon, so who knows.
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CryptoATM
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April 09, 2021, 04:03:49 PM |
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The answer is Unknown, my advice is if you've invested in any coins or tokens keep watching them constantly, once they bring you good gains make sure you secure your invested fund first and leave the rest so whatever may happen after will not affect you much
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mk4
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April 09, 2021, 04:40:26 PM |
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When I tried to google this, I only find information about a historic event that has nothing to do with cryptocurrency.
Because bull and bear runs aren't exclusively for bitcoin or the cryptocurrency industry as a whole. It pretty much applies to markets in general, especially the likes of the stock markets. Now, just to answer your question, no one knows when a bull or bear market starts/ends. Just the same reason why no one can accurately predict short-mid term price movements.
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Slow death
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April 09, 2021, 05:31:36 PM |
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But if I watch a youtube video that is released TODAY, and the narrator says "x currency is going to rise/fall to x value by the end of this bull run", what is the time frame he is talking about? When is this bull run(whatever that is) supposed to end? be careful because in this cryptocurrency market there are many people who use that word "bull run" only as a force of expression or a force to be optimistic and not in a really technical way as it should be. the conclusion you had is right, so just focus on having more knowledge about the market and technical and fundamental analysis. in the past there were even analysts who differed between them if the market was in the bull run or not. As a beginner I've managed to figure out what the term bullish means, and it seems to apply to same term "bullish" when dealing with stock market trade. And through that I can deduce what "bull run" means. truth When I tried to google this, I only find information about a historic event that has nothing to do with cryptocurrency. you will not be able to see it on google, but you can see it on the charts, for example if the price breaks the support that is at $29000 and falls below $28000 we would sell panic and the bull run would become a nightmare, this is a way to get to see, also if the price starts to fall steadily from $57000 easily you can see that it is reversing from high to low, imagine for example that this week the price would drop to $47000, next week it would drop to $39000, and then the next week it would drop below $29000, then we would probably be in the trend change
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passwordnow
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April 09, 2021, 06:25:11 PM |
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You cannot find an accurate information pertains to when this bull run will end. Those YTers are hyping each of their contents so that you'll get to watch their next videos. They're content creators and they'll always catch you with their good words about the market. But if you're going to analyze them, they're all into guessing games and no one will actually going to tell you what exactly will happen to the market. All they say are those thoughts that they've in their minds.
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$crypto$
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April 09, 2021, 07:12:22 PM |
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So now we only know what terms are bullish and bearish like what you see on the YouTube channel, so we need to understand a little what we understand, don't follow their path, of course, this will be very different in principle and nature of this word can be used in trading others that we must be aware of and full of meaning what we need to learn in this forum.
I think what YOSHIE has shared about several topics is correct, you just have to find out how to find the right words when used in cryptocurrency, I think here that has been mentioned a lot in price predictions and other speculations.
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cryptoaddictchie
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April 10, 2021, 05:24:13 AM |
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As bull run continue to rise and shine I don't think it will stop or go back to bearish this year. The demand on different high caliber blockchain project is immense. I dont know but that's how it goes. 2017 is a bubble burst bull run. While this year is the real or realistically bull run with support from most institutional groups and known company.
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Looper_U
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April 10, 2021, 08:08:32 AM |
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I wish I know when, maybe then I will be prepared but this year bullrun just seem more stronger than anything I've ever seen happened to crypto, I'm confident that this bullrun will last through out this year because the growth and exposure is getting bigger and bigger everyday, be smart and take advantages
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Daniel91
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April 10, 2021, 08:52:45 AM |
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You need to be aware of the trends and cycles that are constantly happening in any market, and these are the ups and downs, bull and bear. My advice to you is not to burden yourself too much with how long the current growth will last, but to set your own goals and follow them. It's impossible to 100% predict trends but that is why you need to know exactly what you want and have your own exit strategy.
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lovesmayfamilis
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April 10, 2021, 10:34:04 AM |
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Today, there are many predictors at the end or beginning of a bull market, especially on YouTube, who are trying to promote their channels to attract subscribers. I would not trust everyone in a row, since bitcoin is unpredictable, and it will not yet be possible to expect a stable result. But in all respects, on the contrary, we can say that the bullish run is still in trend, and is going to take new peaks. Therefore, if there are still those who hope to buy bitcoin at $6,000, expecting a fall, I think he will have to put up with it and buy bitcoin at today's prices before it's too late.
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akirasendo17
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April 10, 2021, 11:34:53 AM |
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Actually, no one knows when will it end or stop at the same time we are not even sure if what is happening is already a bull run, or there is more to come maybe it's just getting started, since the price of bitcoin is still going up at the moment we are already heading to 70K USD, means it's just getting started in my opinion, so if you really are investing, don't just look at the price, look on what the token has to offer, because at the end of the day, those token or coin that is useless are going back to zero, and those who have functions and usefulness is going to stay.
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Little Mouse
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April 10, 2021, 02:47:25 PM |
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If we see the last bull market, BTC had a bull season till December 17th, 2017, it was the day when BTC reached the ATH and at that time, BTC domination was 65% maybe (have to check exact %), and gradually, later it had downed to 50% and less when altcoins had the ATH in January 10, 2018 (for most alt). If you consider the BTC domination, we may predict that the bullrun is finally going to be ended, however it is also true that BTC have retested the $60k resistance for 2nd time. So, it's very possible that we will see another pump from BTC soon. Moral of the story, no one can predict ever.
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BITCOIN4X
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April 10, 2021, 02:57:02 PM |
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We all may never know when the bullish will stop and when the bearish will come. It is very difficult to say that the downturn is imminent as the power of institutional investor and individual investor continues to enter and buy bitcoin. The public mindset began to develop about how they manage their finance which is more profitable than having to save it in bank account and other investment asset such as gold. However, as price are highly volatile, correction may be inevitable. But really, we will definitely be wondering when this cycle will change.
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pakhitheboss
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April 10, 2021, 03:01:57 PM |
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There are two major terms you will always hear in the crypto market or any financial market. They are Bull and Bear, what we are seeing from last year till date is the Bull market wherein almost all cryptos Fiat value is going up. From 2018 till mid-2020 we were experiencing the Bear market. Wherein the Fiat value was going down.
Now the question is when (Bull or Bear market) will it start and when will it end. No one can predict it. You only can follow the market and come to a conclusion whether it has started or has ended.
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Coin_trader
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April 10, 2021, 03:05:00 PM |
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If one of the major institutional investors started to take profit for there investment. This will surely create havoc and chain reaction among the holders. They are the main reason why the price is still on the uptrend, they are buying whenever there is dip which saves the trend channel many times. I believe this is the best signal to determine the end of bull run.
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jossiel
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April 10, 2021, 10:07:27 PM |
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I wish I know when, maybe then I will be prepared but this year bullrun just seem more stronger than anything I've ever seen happened to crypto, I'm confident that this bullrun will last through out this year because the growth and exposure is getting bigger and bigger everyday, be smart and take advantages
Most of the speculations that you might see everywhere not only in the forum says that this bull run can last up to 2022. @OP you should be meticulous in choosing the influencers you watch. They could be your life saver and source of information but they could also be the source of your panic with what they release to their channels.
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