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Author Topic: Are the bulls back?  (Read 3425 times)
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June 28, 2021, 06:47:11 PM
 #41

I don't think the bull market has started. Because this is the only correction. BTC should cross 41k$ in the bull run but it is only at 34k$. All altcoins have increased only 8-11%.  The bull run will come soon but this is not bull run. we have to wait until December to see bull market.

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June 28, 2021, 06:58:47 PM
 #42

BTC should cross 41k$ in the bull run but it is only at 34k$. All altcoins have increased only 8-11%.  The bull run will come soon but this is not bull run. we have to wait until December to see bull market.
This December should be a time where we may see the conclusion of bull market; I mean we can confirm the bull market once bitcoin prices are trading stable above $40k to $45k levels and we do not need time till December month to witness a bullish action again in this crypto space. I believe and understand that you are talking about bitcoin bullish trend.

For the case of altcoin's bullish trend, probably you might be right because like in 2017, this time also altcoin bullish trend may come into effect once bitcoin's bullish mode comes to a conclusion. Still, first we need bitcoin to enter into bullish trend and then altcoin markets will follow bitcoin's trend.

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June 28, 2021, 07:22:51 PM
 #43

~
Too early to tell.
It is still stabilizing above 34k. We at least got that for now.
Could be profitable for day traders imo.
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June 28, 2021, 07:30:54 PM
 #44

What the heck is happening  Shocked? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?
Too soon to tell with any degree of accuracy, in fact the previous days had been so bad that people were getting worried we could finally close below the 30k level and this could be a signal that a new drop was imminent.

Fortunately this did not happened but the price is still trapped and it is ranging, however I and many people believe we are in an accumulation period and the bull market will appear once again during this year, however you need to be prepared to endure the current conditions for months if you want to have a chance to be part of it.

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June 28, 2021, 07:36:53 PM
 #45

I don't even know what to say or what to believe, some are still believing that it will dip again while others say it is a trap, but the funny thing is, the more they predict, the more the market keeps going green; this reminds me when some people says BTC hardly obeys any chart or predictions.
Nevertheless, I wouldn't say it's wise to jump in now to buy your desired coins, I mean, if you didn't buy in bits when the market was down, then doing so now might not be a nice idea. Also, one thing about Bitcoin most times is, it tends to give a good entry to buy some coins, so I think it would be better to wait, catch the dip and buy in bits or at intervals.
Lastly, calling bulls, one should see Bitcoin above $40k, this will lead to fomo as people will rush to buy back.

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June 28, 2021, 07:38:46 PM
 #46

I really can't say the bulls are back, though we've witnessed some bullish trend in the market today. The market would need to be bullish consistently before we can say the bull is back. I personally would love to see the bull run again and I'm having a good feeling that the month of July would be awesome for the cryptocurrency industry.
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June 28, 2021, 07:46:47 PM
 #47

What the heck is happening  Shocked? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?
Don't get excited mate, it soon to come but too early to say that we are heading for another Bullish season. Try looking around and you will able to see that many altcoins are still in the red. Maybe, just maybe if the momentum will continue but we need some more time to know where this current trend will be going. Anyways, we only just have two possible ends, up and down.
Maybe the market is experiencing a bullish trap, because there is no clear indication that the price has resume bullish run, it is obvious that there are always price crashing during the weekend, probably because tthis is new beginning of the week I hope the present bullish trend is sustained else we will back or continue with bearish run the market had been experiencing for some time due to negative fundamental news that came from China I hope the goods news from Elsalvador adoption of Bitcoin will open the market once again

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June 28, 2021, 08:13:22 PM
 #48

I really can't say the bulls are back, though we've witnessed some bullish trend in the market today. The market would need to be bullish consistently before we can say the bull is back. I personally would love to see the bull run again and I'm having a good feeling that the month of July would be awesome for the cryptocurrency industry.

I think its more of a bullish trap or just a time for a little increase then back to its normal bearish trend. We just have to wait for another few days so we can be sure if we are starting to be bullish again or just another price correction.

For now, it's good to hodl our coins and do not fall for panic selling. If this price will continue to keep increasing few days from now, then maybe we can conclude that we have passed the bearish trend and is now starting to be bullish again. So let's just wait and see.

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June 28, 2021, 08:31:05 PM
 #49

Some good news is coming into the crypto market, the fact that the market look green is an indication of a good start to the week. The bull may not be back in full force but I know some great recovery is underway.

Yes, that's what's happening now and I'm watching now, but think about it the other way around, if the bull comes in full force then everything will change, and the market in crypto will drop drastically like the previous years.

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June 28, 2021, 08:45:04 PM
 #50

I don't think the current green market indicates bullrun is coming back but it is predicting a big fall. At this time we should not make hasty decisions. After one more week, the market condition will be understood.
we never now is it real reversal movement or just bull trap to drop it sharply and make new low again. In every trades we must prepare the worst scenario that may occur in market suddenly. Need one more week to analize , is current week really reversal or just bull trap. We must be patient when facing this moment and dont be hurry to decided buying everything.

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June 28, 2021, 09:42:26 PM
 #51

What the heck is happening  Shocked? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

Not yet, i think we could back to another dip on the short term. The El Savador news really give an impact but i dont think market follows it with a great pump.
I expect more accumulation around 29k-32k in the short-term.

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June 28, 2021, 10:15:11 PM
 #52

What the heck is happening  Shocked? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

Yeah it's showing signs of going up and most coins begun to have green indications. However, it had stopped and stabilized at $34k today though there's an attempt of btc going to $35k and up but still the resistance was too strong. Don't be too excited on this part, bulls isn't back yet, we still need to observe the market.
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June 28, 2021, 11:38:57 PM
 #53

I think it's only temporary, unless BTC hits $40K again, I'm afraid it will last for a while and then decline again this weekend.

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June 28, 2021, 11:39:04 PM
 #54

I don't think the bull market has started. Because this is the only correction. BTC should cross 41k$ in the bull run but it is only at 34k$. All altcoins have increased only 8-11%.  The bull run will come soon but this is not bull run. we have to wait until December to see bull market.

Agree, its still not passed any strong resistance to start another bull run, but buying some Bitcoin or some altcoin could be good decision. Just dont place any long in the future, the pullback could happen anytime.

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June 29, 2021, 03:37:37 AM
 #55

What the heck is happening  Shocked? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?
Don't you really have something to say ? every small movement must be posted again and again? have not you getting tired of the same issue ?

This is a volatile market and we have tons of investments here.

so find it normal that the price will go up now and will go down tomorrow .


and besides be alarmed if the price stagnant and never moves that is how we consider there must be a problem.

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June 29, 2021, 03:39:30 AM
 #56

I'm also hoping so, it's a pleasure to wake up to see the state of the coinmarket in the green zone, I hope this is the first step for Bitcoin to soar and skyrocket back to ATH, even reaching $70k.
The bull are back, it's time for us to stack our money in altcoins and earn as many profit as possible later.
Yes, now is the right time to hold our coins or tokens the market is slowly rising every trader is coming that the bull run will come again very soon. As the price of bitcoin rises so does the value of altcoin with so many traders selling to keep prices down I think now is the right time to hold on.
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June 29, 2021, 01:36:48 PM
 #57

I really can't say the bulls are back, though we've witnessed some bullish trend in the market today. The market would need to be bullish consistently before we can say the bull is back. I personally would love to see the bull run again and I'm having a good feeling that the month of July would be awesome for the cryptocurrency industry.

I think its more of a bullish trap or just a time for a little increase then back to its normal bearish trend. We just have to wait for another few days so we can be sure if we are starting to be bullish again or just another price correction.

For now, it's good to hodl our coins and do not fall for panic selling. If this price will continue to keep increasing few days from now, then maybe we can conclude that we have passed the bearish trend and is now starting to be bullish again. So let's just wait and see.

Every decision rely with how good you understand the situation, for some who bought few weeks ago
when the market suffered from heavy fall this moment pay them for taking that risk, if they choose to sell it out,

from $28k and now it's playing between $34K-$35K decent enough for short term traders for sure.

No assurance that the market will continuously recover and keeps on moving upwards, the chance that those day traders will just dumped it back is still high.
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June 29, 2021, 01:51:27 PM
 #58

There have been many analysis regarding this but btc has been fluctuating between 30k-36k for weeks. If btc can stabilize above 42k that'll bring confidence that bulls are definitely back and we will see a new momentum that'll change the course of history. This current week move has been more beneficial for alts than it is for btc.. if we can get to 40k many alts will make major move, almost 50% for some..that's how much they have lost since last dump including btc.

btc has to stabilize above 36k for a week minimum to build a solid support and gain buyers confidence. Until we hit 42k we cannot be certain whether bulls are back or it's just weekly fluctuation.

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June 29, 2021, 02:11:23 PM
 #59


Yes, now is the right time to hold our coins or tokens the market is slowly rising every trader is coming that the bull run will come again very soon.

Good to hold indeed, if this momentum continue and more investors start to send their money inside the market,

it surely crete big impact and might possible to bring the bull back.

As the price of bitcoin rises so does the value of altcoin with so many traders selling to keep prices down I think now is the right time to hold on.

Domino effects that really shows some green around, it's still unsure if this trend will attract investors

or it will again just an attempt and will bounce down.

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June 29, 2021, 02:39:04 PM
 #60

What the heck is happening  Shocked? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?
You cannot claim that the bull is back with just a day of greenish market. Do not be deceived nor tricked by what you are seeing at the moment. Careful speculation will definitely save you a lot of money so it would be best to keep monitoring the price movement in the market and if ever it has been constantly rising for a month or two, therefore the bull might be back. Considering the recent events such as China banning crypto services in their territory, I'm afraid we'll need to wait for a while before we can once again experience massive bull runs but hold still, it will surely be worth it.
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