2double0
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June 27, 2021, 08:29:58 PM |
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I personally can't say for sure whether there's going to be another bull run before the year 2021 ends, though I believe it's possible, but am not going to bet anything on it, the only thing that can guarantee another bull run before this year ends is if more institutions and big companies come in to invest in bitcoin and crypto currencies again, or maybe big countries and governments decides to fully legalize crypto currency activities in their countries, this will cause many people to fomo in which might trigger another season of bull run. In conclusion, what ever will bring about another bull run before this year ends must be a very big news that's capable of moving billions or maybe trillions of dollars into the crypto market again.
It will need too much of fresh money while blood is already on the streets. Btc had been struggling very hard to break above $35k but bears have taken control and it does not seem to be happening soon that btc will again go above that range. There are many institutions already in crypto and they are accumulating so many btc while bears are selling with complete pressure. It will be an amazing moment to watch how btc will break the $35k barrier and get back to its old ath.
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seleme
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June 27, 2021, 09:26:31 PM Last edit: June 28, 2021, 10:48:32 PM by seleme |
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For now the price decline will occur again, and this will continue if there is negative news spread in the media, and to reach 120000 USD will be difficult to happen this year, but if the price increases again then it will not be impossible to reach that value, we just wait for future developments hopefully the market will again improve.
Just look at the zone that supports this overlap. We still hold the key areas that are needed for resistance before going up. We have 04 days before the end of Q2 where tax-related representatives will be confirmed at this time. Before things start, I'm still optimistic in this niche! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FE44NiLTXoAMbXAK%3Fformat%3Dpng%26name%3Dsmall&t=665&c=SwoU00oEGdWWSg) Chart patterns explain the situation, it is better to check the chart for understanding what is going on. IMHO, the market will start to recover after making a few fake breakouts below $30000, after the fake breakouts the BTC can go back to the prices above $50000 until the end of the current year. In another case, it will be very difficult for the bulls to recover below $25k. TBH, I expect a new continuation of the ABCD trading pattern, so the weekly close above the $35k will make it false. The more the bears will squeeze bulls, the market will go lower and lower, the station of bear is around $29k. After $29k the bulls will be liquidated aka REKT.
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freedomgo
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June 27, 2021, 09:44:58 PM |
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I personally can't say for sure whether there's going to be another bull run before the year 2021 ends, though I believe it's possible, but am not going to bet anything on it, the only thing that can guarantee another bull run before this year ends is if more institutions and big companies come in to invest in bitcoin and crypto currencies again, or maybe big countries and governments decides to fully legalize crypto currency activities in their countries, this will cause many people to fomo in which might trigger another season of bull run. In conclusion, what ever will bring about another bull run before this year ends must be a very big news that's capable of moving billions or maybe trillions of dollars into the crypto market again.
It will need too much of fresh money while blood is already on the streets. Btc had been struggling very hard to break above $35k but bears have taken control and it does not seem to be happening soon that btc will again go above that range. There are many institutions already in crypto and they are accumulating so many btc while bears are selling with complete pressure. It will be an amazing moment to watch how btc will break the $35k barrier and get back to its old ath. That's possible but unlikely to happen given the current situation, the bull run is over, we can't expect a bull run to last for a year as that would make everything pump even the shitcoins. Let's just accept the fact that the market needs some correction as that what's strengthen it, and it's happening now, as a result, the market is bearish and it's should not be new to us.
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Mistafreeze
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June 28, 2021, 06:04:07 PM |
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I greatly believe that you should always do your own research. Thinking positive is a good thing, but it really feels like the chart is enticing a bull trap scenario. If we can't maintain up to 42k, the price will surely go down as expected. You can't predict the behavior of the market; the best thing to do in times like this is to minimize your risk management.
I don't think the op is very good and lucky at predicting the market price. I still can't believe that he was able to look through the market and come out with this kind of prediction which is very funny and unscrupulous. Predicting the price of Bitcoin to move from $80k to $120k before 2021 is very crazy when looking at the current price of Bitcoin. The market is not as easy to predict with the way price is ranging without a proper direction.
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mrjoy15
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June 28, 2021, 06:15:49 PM |
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I personally believe that there will be another btc bull run and alt run before 2021 ends. what you guys think about it?
btc to 80000 or 120000 USD
30k$ price is still a high price so I believe that we are still in a bullrun status if the bitcoin price will fall under 20k$ maybe that time we can say that we are in bearish market, i always see some speculation that btc will soon rise up to 100k$ before year 2021 end let see if this will come true. You might be speaking too soon, It's hardly the weekend. Only thing we know is a lot of volatility back. Since there is no guarantee it's going up from here on, we have to wait. The price still continues to decline, there is no big news in the market and major think is no ones knows the bottom of the coins.
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South Park
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June 28, 2021, 07:21:19 PM |
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80k is too high and i think it won't happen on this year, we better to just aiming for btc back in 50k before the year ends. Just like the 4 year cycle of btc, early of the year the price will crash and it's time for buying more before we sell it 4 years later ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) To each their own but I do not think it makes sense at all that what we are seeing is the end of the bull market, to me this is just a way for the whales to scare those that have weak hands and get their coins in an easy way, if this continues I am sure some people will begin to sell and then they will miss the bull run that will come next and they will lament to have sold their coins so early but since this happens every time there is a bull run you have nothing to worry as long as you are not one of those people. People had already aware of the situation, the bullish and the bearish season will certainly come. But the problem is that we sometimes get influence by the people around us, plus the FUDS that we heard. We are totally disturbed, this makes sometimes we can't make the right decision but mostly we have driven by our fear. That is why often heard and see weak hands sell their coins when they saw the market is dropping as it was because of their emotions. And if the situation gets worse, most probably never see another Bullrun this year. That is very common but if this is the case then people need to learn to not listen to outside sources, to me this shows that many people come here without having an idea of what they want to achieve in the market of cryptocurrencies, they want the fortune and the money they can get but they are not willing to wait for the necessary time for the market to work its magic, and this means that just when they need to take the best decision for themselves which is to hold their coins they will fail and lose their coins just when they were getting closer to their goals.
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2double0
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June 28, 2021, 07:35:13 PM |
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That's possible but unlikely to happen given the current situation, the bull run is over, we can't expect a bull run to last for a year as that would make everything pump even the shitcoins. Let's just accept the fact that the market needs some correction as that what's strengthen it, and it's happening now, as a result, the market is bearish and it's should not be new to us.
Btc gained quite a lot of attention during this bull run which pushed its price so quick to $65k but looks like the magic has ended. There is only MicroStrategy which is bragging about their newly bought btc while if others are joining, they are doing it silently. I do not think there will be another easy bull run for btc because when there was higher optimism in the market, btc broke the hopes of traders by plunging back to areas it started from.
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freedomgo
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June 28, 2021, 08:39:35 PM |
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That's possible but unlikely to happen given the current situation, the bull run is over, we can't expect a bull run to last for a year as that would make everything pump even the shitcoins. Let's just accept the fact that the market needs some correction as that what's strengthen it, and it's happening now, as a result, the market is bearish and it's should not be new to us.
Btc gained quite a lot of attention during this bull run which pushed its price so quick to $65k but looks like the magic has ended. There is only MicroStrategy which is bragging about their newly bought btc while if others are joining, they are doing it silently. I do not think there will be another easy bull run for btc because when there was higher optimism in the market, btc broke the hopes of traders by plunging back to areas it started from. BTC would not rise that high if not because of the FOMO, and when the bull run is over, the price will slowly correct. Yes, there are institutional investors, but it should not be enough to make that price increase that much in a short period of time, institutional investors have long term effect on the market, short term effect is brought by hype and FOMO, and as usual, it will not last.
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2double0
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June 29, 2021, 06:51:53 PM |
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BTC would not rise that high if not because of the FOMO, and when the bull run is over, the price will slowly correct. Yes, there are institutional investors, but it should not be enough to make that price increase that much in a short period of time, institutional investors have long term effect on the market, short term effect is brought by hype and FOMO, and as usual, it will not last.
Yes it was all money that came from hype and fomo through immature investors who took btc as a get rich quick opportunity but forgot what happened with it every time it went high. The parabolic run didn't end yet but it will not continue in a straight line drawn like it did while catching up $60k. That retail money will not come back again because they are now uncertain about btc's future move, something big is about to happen.
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SaShiRaJaVu
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June 29, 2021, 11:59:31 PM |
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Yes it was all money that came from hype and fomo through immature investors who took btc as a get rich quick opportunity but forgot what happened with it every time it went high. The parabolic run didn't end yet but it will not continue in a straight line drawn like it did while catching up $60k. That retail money will not come back again because they are now uncertain about btc's future move, something big is about to happen. The institutional investors should be thanked here as they were the ones that help propel the market to new levels and it is not surprising that the market could not sustain to grow without any correction and that is what we are seeing right now and people are crying about the bear market which they clearly cannot understand the market. I am expecting the market to rally once again before we enter the bear market and you will see the money returning in a few months. ~ They also contributed to the confidence of other people to trust the investments in crypto.
Sure it helped with the confidence of new investors who were in two minds and everyone who was watching the market should be well aware that the market would rally after every halving and many took that opportunity and so is the reason we saw the market rallying much earlier than we saw in the last rally.
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tippytoes
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June 29, 2021, 11:59:53 PM |
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Yes it was all money that came from hype and fomo through immature investors who took btc as a get rich quick opportunity but forgot what happened with it every time it went high. The parabolic run didn't end yet but it will not continue in a straight line drawn like it did while catching up $60k. That retail money will not come back again because they are now uncertain about btc's future move, something big is about to happen. The institutional investors should be thanked here as they were the ones that help propel the market to new levels. They also contributed to the confidence of other people to trust the investments in crypto. As people are seeing these large companies/corporations/financial institutions that are getting involved, it means, these entities are seeing something good future in these investments. This is why some individuals are being enticed to get involved also. This situation is also continuously happening especially now that several countries like El Salvador are openly accepting crypto in their system. So yes, bull run is just around the corner and you need to get ready for yourself when that time comes.
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awik p
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Pepemo.vip
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June 30, 2021, 02:46:23 AM |
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Yes it was all money that came from hype and fomo through immature investors who took btc as a get rich quick opportunity but forgot what happened with it every time it went high. The parabolic run didn't end yet but it will not continue in a straight line drawn like it did while catching up $60k. That retail money will not come back again because they are now uncertain about btc's future move, something big is about to happen. The institutional investors should be thanked here as they were the ones that help propel the market to new levels. They also contributed to the confidence of other people to trust the investments in crypto. As people are seeing these large companies/corporations/financial institutions that are getting involved, it means, these entities are seeing something good future in these investments. This is why some individuals are being enticed to get involved also. This situation is also continuously happening especially now that several countries like El Salvador are openly accepting crypto in their system. So yes, bull run is just around the corner and you need to get ready for yourself when that time comes. if elsalvador has started it, we hope that like big companies and other countries follow it, then a bullrun is inevitable. Since we know that cryptocurrency is based on demand which can be manipulated with limited supply, it is not difficult to increase the price
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livingfree
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June 30, 2021, 08:58:11 PM |
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if elsalvador has started it, we hope that like big companies and other countries follow it, then a bullrun is inevitable. Since we know that cryptocurrency is based on demand which can be manipulated with limited supply, it is not difficult to increase the price
The bull run just happened. And if there's another one at the end of the year, I'm also counting that it shall happen. But there's no need for big companies and other countries to follow it. They can show their support to bitcoin by simply investing in it. However such news about adoption from countries and big companies are really bringing that trust to the community and to the people that don't believe yet on bitcoin and cryptocurrencies.
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Sanitough
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 30, 2021, 09:36:11 PM |
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if elsalvador has started it, we hope that like big companies and other countries follow it, then a bullrun is inevitable. Since we know that cryptocurrency is based on demand which can be manipulated with limited supply, it is not difficult to increase the price
The bull run just happened. And if there's another one at the end of the year, I'm also counting that it shall happen. But there's no need for big companies and other countries to follow it. They can show their support to bitcoin by simply investing in it. However such news about adoption from countries and big companies are really bringing that trust to the community and to the people that don't believe yet on bitcoin and cryptocurrencies. We believe it, but it should not create a bull run, what created a bull run is just hype and it will continue to fool people since it will always result to FOMO that even the bad coins will have a good value during the bull run. Companies' adoption is just a start of a real adoption because the real adoption comes from people using bitcoin as a payment method, not as an investment.
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bocyaj
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 30, 2021, 10:10:17 PM |
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if elsalvador has started it, we hope that like big companies and other countries follow it, then a bullrun is inevitable. Since we know that cryptocurrency is based on demand which can be manipulated with limited supply, it is not difficult to increase the price
The bull run just happened. And if there's another one at the end of the year, I'm also counting that it shall happen. But there's no need for big companies and other countries to follow it. They can show their support to bitcoin by simply investing in it. However such news about adoption from countries and big companies are really bringing that trust to the community and to the people that don't believe yet on bitcoin and cryptocurrencies. We believe it, but it should not create a bull run, what created a bull run is just hype and it will continue to fool people since it will always result to FOMO that even the bad coins will have a good value during the bull run. Companies' adoption is just a start of a real adoption because the real adoption comes from people using bitcoin as a payment method, not as an investment. Some people fear about the bear run and welcome the bull run. But the fact is, we need to welcome the both one. Without both this, we can't earn a profit from it. When the bear run started, just hold and buy huge coin. When the market up and you can good profit.
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livingfree
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 30, 2021, 10:42:29 PM |
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if elsalvador has started it, we hope that like big companies and other countries follow it, then a bullrun is inevitable. Since we know that cryptocurrency is based on demand which can be manipulated with limited supply, it is not difficult to increase the price
The bull run just happened. And if there's another one at the end of the year, I'm also counting that it shall happen. But there's no need for big companies and other countries to follow it. They can show their support to bitcoin by simply investing in it. However such news about adoption from countries and big companies are really bringing that trust to the community and to the people that don't believe yet on bitcoin and cryptocurrencies. We believe it, but it should not create a bull run, what created a bull run is just hype and it will continue to fool people since it will always result to FOMO that even the bad coins will have a good value during the bull run. Companies' adoption is just a start of a real adoption because the real adoption comes from people using bitcoin as a payment method, not as an investment. The bull run isn't the one fooling people. But those are the influencers that are taking advantage of them because they lack of knowledge about the market. They're hyping the coins that they've invested in and those followers they've got are blindly following them. I guess we all have the idea who are those influencer/s are.
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kanayaTabitha
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July 01, 2021, 08:04:14 AM |
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if elsalvador has started it, we hope that like big companies and other countries follow it, then a bullrun is inevitable. Since we know that cryptocurrency is based on demand which can be manipulated with limited supply, it is not difficult to increase the price
The bull run just happened. And if there's another one at the end of the year, I'm also counting that it shall happen. But there's no need for big companies and other countries to follow it. They can show their support to bitcoin by simply investing in it. However such news about adoption from countries and big companies are really bringing that trust to the community and to the people that don't believe yet on bitcoin and cryptocurrencies. Well, it seems it's still not clear whether there will be a bull run at the end of this year or not. because at this time when the price of bitcoin has just gone up, there will be news that makes people FUD. like a while ago who reported that Mexico banned crypto. however, it is quite influential, especially China which has always had an effect on crypto since a few years ago. right now, we really need big investor awareness. I hope to see crypto pump prices again from now on. El Savador news is just one of the good news from many FUDS out there right now. China is always dump it after a few pumps from bad news. I think they are playing short trade between the news to get small but stable profits. Before the year end there must be a huge movement from the market, whether it's a big pump or a big dump. So just be careful, don't trust too much if people said there will be a major pump at the end of the year. risk management is number one in cryptocurrency
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livingfree
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2021, 09:19:27 AM |
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if elsalvador has started it, we hope that like big companies and other countries follow it, then a bullrun is inevitable. Since we know that cryptocurrency is based on demand which can be manipulated with limited supply, it is not difficult to increase the price
The bull run just happened. And if there's another one at the end of the year, I'm also counting that it shall happen. But there's no need for big companies and other countries to follow it. They can show their support to bitcoin by simply investing in it. However such news about adoption from countries and big companies are really bringing that trust to the community and to the people that don't believe yet on bitcoin and cryptocurrencies. Well, it seems it's still not clear whether there will be a bull run at the end of this year or not. because at this time when the price of bitcoin has just gone up, there will be news that makes people FUD. like a while ago who reported that Mexico banned crypto. however, it is quite influential, especially China which has always had an effect on crypto since a few years ago. right now, we really need big investor awareness. I hope to see crypto pump prices again from now on. We will see that at the end of the year and we're also be the one to verify if another bull run will come. But honestly, we all want to see another bull run and every speculation says that it's going to be more than the last ATH. But before it goes there again, we'll be going through several corrections and there will be a lot of FUDs to come.
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Distinctin
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July 01, 2021, 12:50:21 PM |
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We will see that at the end of the year and we're also be the one to verify if another bull run will come. But honestly, we all want to see another bull run and every speculation says that it's going to be more than the last ATH.
But before it goes there again, we'll be going through several corrections and there will be a lot of FUDs to come.
I would not anymore expect a bull run this year, it does not pattern on what has happened before, what's likely to come is a long correction and the market will be bearish, is it good for the market? yes, because every bull run there should always be a correction. Don't worry anyway, bitcoin will make a new ATH at the right time, but for now, we have to face the reality.
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