Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run?

[sana54210]

Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.

What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?

We just have to accept the fact that dude has a lot of influence over bitcoin, that was a month ago and he hasn't done much ever since that day, you can maybe consider that "baby doge" thing as a thing but that wasn't really a whole market thing so I can easily say that we are not there just yet.

What I really worry about is that if he can drop it but he can't increase it then how are we going to increase? Not that we can't just by ourselves, we can and we have many times in the past, without Elon doing anything we can easily go towards 100k, we do not need help for that, but if the dude tweets something bad then it is going to go down once again, what is the point of constantly going up if there is a power that can keep you down? Eventually we need to learn to ignore him even on bad stuff so that we could go up without worrying about him doing or saying anything bad.

[tvplus006]

...currently bitcoin is slowly starting to increase in price i think it's a good positive trend and i predict it will continue.

Where have you seen the slow rise in the price of bitcoin? BTC is still trading in the range of 30-40 thousand dollars and is now at its support. If the price of BTC falls, we can expect a decline in the entire altcoin market, including Doge, the price of which may fall to 10 cents.

[Furious 7]

...currently bitcoin is slowly starting to increase in price i think it's a good positive trend and i predict it will continue.

Where have you seen the slow rise in the price of bitcoin? BTC is still trading in the range of 30-40 thousand dollars and is now at its support. If the price of BTC falls, we can expect a decline in the entire altcoin market, including Doge, the price of which may fall to 10 cents.

Bitcoin is not improving well it's even more down the 30k range a bit and I don't know when bitcoin will surpass 38k again as it's really hard to break the resistance right now, because bitcoin is still being maintained to be 30k down like that, to hit my altcoins are not fully aware of this because in the last 7 days altcoins have decreased quite a lot added in 24 hours they are moving again but this can't restore the price to its original I think this is indeed difficult.

[BuNga_cute]

...currently bitcoin is slowly starting to increase in price i think it's a good positive trend and i predict it will continue.

Where have you seen the slow rise in the price of bitcoin? BTC is still trading in the range of 30-40 thousand dollars and is now at its support. If the price of BTC falls, we can expect a decline in the entire altcoin market, including Doge, the price of which may fall to 10 cents.

Bitcoin is not improving well it's even more down the 30k range a bit and I don't know when bitcoin will surpass 38k again as it's really hard to break the resistance right now, because bitcoin is still being maintained to be 30k down like that, to hit my altcoins are not fully aware of this because in the last 7 days altcoins have decreased quite a lot added in 24 hours they are moving again but this can't restore the price to its original I think this is indeed difficult.

I can understand the anxiety of many people seeing Bitcoin's current performance, the price is indeed very difficult to rise past the $40k
resistance price. Bitcoin price has been stable for several months at around $30k, so there's no guarantee that Bitcoin will go lower or it can
rise past $40k. We can only be patient waiting for the market to recover, as is the case with altcoins, the price is getting lower. But as long as
we haven't sold the Bitcoin and altcoins we had when the price dropped, it means we haven't suffered a loss.

[roosbit]

Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.

What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also?

Elon is a business man and if he believes that a project has some potential he will invest then hype but  unfortunately he usually talks about btc and doge, but lately bitcoin seems to have fallen out of his favorites.
Btw i don't see him jumping  for another project anytime soon neither am I writing it out as the cryptocurrency market has a large pool Of coins which could change his interests anytime.

Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?

Green coins  Not familiar with them will look into them, and btw had Elon tweeted about them like he always does, I would have known about them.

[2tang]

If you look at the market closely, you see it is unstable and on decline trends which speak two things it either the market is heading to bear market with more cases in the price of Bitcoin and Dogecoin it may be a correction stage which may give a more bull season returning.

Yes, hopefully there will be more bull season after all this is over because I am also a little tired of the bear season as it is now, because whatever I trade always doesn't go as I planned so I am a little tired to deal with the current market situation.

[hd49728]

Where have you seen the slow rise in the price of bitcoin? BTC is still trading in the range of 30-40 thousand dollars and is now at its support. If the price of BTC falls, we can expect a decline in the entire altcoin market, including Doge, the price of which may fall to 10 cents.

Bull and Bear are fighting within a very narrow price channel. Recent days, Bear tries to beat the Bull with fud about Grayscale unlock. The Bear fails so far but will come back. Will we see other fuds till Monday?

Elon Musk can help Dogecoin rises with a new avatar on Twitter. Some people think it is because of the avatar, some people will think it is because of Bitcoin minor bounce. I agree with the second thought.

[geegaw]

If you look at the market closely, you see it is unstable and on decline trends which speak two things it either the market is heading to bear market with more cases in the price of Bitcoin and Dogecoin it may be a correction stage which may give a more bull season returning.

Yes, hopefully there will be more bull season after all this is over because I am also a little tired of the bear season as it is now, because whatever I trade always doesn't go as I planned so I am a little tired to deal with the current market situation.

It sounds like you've been a deflated bubble, your health and spirits have been severely depleted due to market stress and you just want to take a break but unfortunately the market doesn't allow any short-term holidays and forces you to deal with the situation until the situation ends in satisfaction, it is not good to continue like this and you should pay more attention to your mental state. The regular bear market is a big nightmare for investors, I often have to avoid it immediately before it throws me into the arena without respite.

[$anounimus$]

That is right business is business for elon musk that is why he made everything just to make money out of it but they never know cryptouser and traders have learned that strategy so now a days they keep on tweeting the way he does if its still working. lol

Yes, and the function of Elon Musk's tweets will also fade over time as many whales suffer losses, because what he is targeting are whales who often invest in the crypto space to be able to play with their assets.

[tvplus006]

Elon Musk can help Dogecoin rises with a new avatar on Twitter. Some people think it is because of the avatar, some people will think it is because of Bitcoin minor bounce. I agree with the second thought.

It is worth recognizing the fact that Elon Musk's tweets still have a response from his subscribers, which leads to an increase in the price of Dogecoin. But at the same time, they no longer have the same strength when the price of Doge increased by hundreds of percent. And besides, tweets have a short-term effect, which can not radically change the value of the coin.

[Starkick]

Ripple are going to rock the market one day.If you had a unused money, you should have a try of XRP. You can buy a bulk amount and sell at good price when the market pump. Holding for the desired result is the important one. Because holding makes a good results for many times.

I know and I fully agree with you! And what do you think about such promo actions for miners https://bitcointalk.org/index.php?topic=5349259.new#new ? I believe that it's a nice chance to get some extra coins, while the market is low and also get a real reward for mining..

Hmm, I remember that the last bounty caused a lot of good reactions. I am sure that this promo campaign will also be a great success.

[Sethrey]

To tell the truth, I was really impressed when I knew that it's possible to run up to 50 mining bots on each PC. It's quite a lot, to tell the truth. I'm just interested how much will be okay for my PC or they don't load the PC much.. The coin is told to be green. It's not like chia in its performance.

[Clavulanic]

Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.

What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?

Everything is unpredictable with Elon Musk, we don't know what's in his mind and I think he was just playing mind tricks over the people who"s very fanatic about this coins. The trend was very controversial nowadays, never let your negative perspectives ruin it by just letting ourselves be carried on false promises. Bitcoin is still the leading one, doge was only an instrument for hype.

[geegaw]

Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.

What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?

I'm sure the bull market will definitely come again, even I believe there will be a bull market in the near future. however, for the Doge coin I have little doubt that it will experience a significant price increase, if you look at the current chart the price of the Doge coin continues to decline I think it will continue to happen to its basic price as before.
for Bitcoin I don't think it will have a big effect on a musk's tweet whether or not musk tweets about bitcoin I don't think has a significant effect on the price going forward very small if the effect is different from Doge coin.

In the near future, there will certainly be no shortage of works that rebuild confidence in the market's growth, unable to increase selling pressure like that, the market may be depleted of confidence but find a base to generate a similar growth to what has been done recently, perhaps more based on the raw material factor, the raw material here will be a mix of the participants here and highly motivating news from reputable crypto activists. Elon Musk can still be the raw material to power bitcoin but people's assessment is so bad about his ability, need a few more influencers to lead to spark a comeback

[Starkick]

To tell the truth, I was really impressed when I knew that it's possible to run up to 50 mining bots on each PC. It's quite a lot, to tell the truth. I'm just interested how much will be okay for my PC or they don't load the PC much.. The coin is told to be green. It's not like chia in its performance.

YES, I am happy to take part in this promo. I also participated in the first bounty, so I am very impressed with the conditions and scale of the new promo.

[Sethrey]

To tell the truth, I was really impressed when I knew that it's possible to run up to 50 mining bots on each PC. It's quite a lot, to tell the truth. I'm just interested how much will be okay for my PC or they don't load the PC much.. The coin is told to be green. It's not like chia in its performance.

YES, I am happy to take part in this promo. I also participated in the first bounty, so I am very impressed with the conditions and scale of the new promo.

The previous one was run by a 3rd party person by agreement with Utopia. So its scale was much less. And what concerns the current action, it's much wider and provides much better prize pool. I see that many people are interested in it, especially as the participation is free.

[Starkick]

Hmm, the previous promo also seemed very promising to me. Despite the fact that it was organized by an outside person. However, if the second promo is even more successful, participants will expect more profit and larger amounts of remuneration. This definitely indicates success.

[Sethrey]

By this action Utopia developers also increase the value of their network. The project is gaining momentum and while the mobile version will be released, it will reach its first peak. So that's only beginning, I'm really happy to understand that. As all of us need a place to remain safe online. And mining the crypto is just a pleasant bonus.

[DU18]

Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.

What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?

Do you still believe in elon musk after what he did to the bitcoin market? I personally will not depend on the fate of my money only on other people's tweets, because it is clearly too risky and we can see how many traders suffer losses just because they believe too much in Elon Musk's tweet which is able to increase the price level of Doge so they buy Dogecoin at a high price and without analyzing price movements in the market, in my opinion, the current decline in bitcoin prices is one of the consequences of Elon Musk decision which refuse Tesla payments using bitcoin, in addition to those made by the Chinese government.

[Starkick]

By this action Utopia developers also increase the value of their network. The project is gaining momentum and while the mobile version will be released, it will reach its first peak. So that's only beginning, I'm really happy to understand that. As all of us need a place to remain safe online. And mining the crypto is just a pleasant bonus.

Yes, I agree with you. This is a nice bonus that can be used for internal payment transactions in the future. Also, against the background of the chia scandal, the environmental friendliness of Crypton mining attracts attention.