Is Bitcoin bull market back

[bengsabeng]

I must admit that I have really missed the bull market. We haven't seen it for months and I can't wait to see a new one. Because the market is in a very bad condition as it seems. Bitcoin price is still struggling to go up to $50k again. Some people claim that a new bull run or a rally is closing in but I don't know. I hope that they are right about it.

Well 50k recovery is still low as at this moment Bitcoin is above 60k which is still a recovery mode as Bitcoin have made a 67k price this October and judging from the current momentum 70k price is still achievable before the end of October.

october is almost over and bitcoin price is still stable at around $61k and that means it is very difficult to reach $70k before october ends. the past week the bitcoin price tends to be stable and there is no significant price spike, but this positive trend is still not over and next month the bitcoin price will be volatile again and reach $70k still very wide open.

[RILWAN]

I must admit that I have missed the bull market. We haven't seen it for months and I can't wait to see a new one. Because the market is in a very bad condition as it seems. Bitcoin price is still struggling to go up to $50k again. Some people claim that a new bull run or a rally is closing in but I don't know. I hope that they are right about it.

Well, 50k recovery is still low as at this moment Bitcoin is above 60k which is still a recovery mode as Bitcoin have made a 67k price this October, and judging from the current momentum 70k price is still achievable before the end of October.

October is almost over and the bitcoin price is still stable at around $61k and that means it is very difficult to reach $70k before October ends. the past week the bitcoin price tends to be stable and there is no significant price spike, but this positive trend is still not over and next month the bitcoin price will be volatile again and reach $70k still very wide open.

The forecast for Bitcoin price in October was 70k which the price rose close to that amount, Bitcoin price stopped at 67k and that is a good indication that the ultimate aim of this analysis was achieved.
Bitcoin is in a stable mode as you have rightly said but in the coming weeks that situation may change and 70k Bitcoin price will be achieved and even more.

[Japinat]

october is almost over and bitcoin price is still stable at around $61k and that means it is very difficult to reach $70k before october ends. the past week the bitcoin price tends to be stable and there is no significant price spike, but this positive trend is still not over and next month the bitcoin price will be volatile again and reach $70k still very wide open.

We have the whole month now, bitcoin could possibly break its current ATH and will have a breakout reaching a price of $70k.

When you are bullish, you will be optimistic about its price going forward, so there's no limitation now as even in 24 hours, bitcoin could have a significant rise that will surprise the world but not to the investors who are not new in the space. As the market sentiment is bullish, it's hard to bring down the market as people would still get into the hype and will continue to trust crypto.

China FUD was huge, but look at what happened, as if there's no effect and people continue to move on.

[Ngemmeng]

The forecast for Bitcoin price in October was 70k which the price rose close to that amount, Bitcoin price stopped at 67k and that is a good indication that the ultimate aim of this analysis was achieved.
Bitcoin is in a stable mode as you have rightly said but in the coming weeks that situation may change and 70k Bitcoin price will be achieved and even more.

I am sure that soon this stable price will end and the positive trend will occur again. The price increase that occurred in October was a very extraordinary price increase because bitcoin was able to pass ATH in April. what many people say seems true if the price increase that occurred in October was just a warm-up, meaning that this month or next month there will be an even more extraordinary price increase.

[STT]

Bull market in long term bars above a week is probably fine but trading this week I think this is a reasonable pullback scenario not to be bullish about.

Its still above the weekly average and that should mean some bounce is occurring but if that were to fail it would be especially weak.   I think it doesnt challenge the highs for now, it has to revise these prices again.   If true that would make a failed breakout near term and lead to some further selling, hence we must confirm support is correct still and volume says this week at least is very likely not bullish at all.

[Quantum907]

Yesterday there was a new ATH when the price touched $68700, this is a sign that the market will skyrocket soon, even though the price is now down more than 3% but I'm sure that the bitcoin price will not drop like what happened in June to August which dropped below $30k.

[Devifajarina]

over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.

A record high has been reached by bitcoin this year, almost approaching the biggest peak of the previous, even if you look closely, there is a high chance that it will reach a new record by the end of this year, the recovery that occurred in bitcoin is quite significant, even continuing to pump up the base price to be even higher, let's see bitcoin at the end of this year, whether it becomes more valuable or declines like in the previous year.

[Pamadar]

over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.

A record high has been reached by bitcoin this year, almost approaching the biggest peak of the previous, even if you look closely, there is a high chance that it will reach a new record by the end of this year, the recovery that occurred in bitcoin is quite significant, even continuing to pump up the base price to be even higher, let's see bitcoin at the end of this year, whether it becomes more valuable or declines like in the previous year.

The good catch with the current situation, Bitcoin continues to test much stronger support. We have seen new ATH but now
we see correction not that much but a slight one. if Bitcoin will continue moving like this, and with more and more institutional
investors and businesses to embrace this system, either for investment or for real case usages, bitcoin will be moving forward
and will get much higher appreciation before the year will end.

[Devifajarina]

over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.

A record high has been reached by bitcoin this year, almost approaching the biggest peak of the previous, even if you look closely, there is a high chance that it will reach a new record by the end of this year, the recovery that occurred in bitcoin is quite significant, even continuing to pump up the base price to be even higher, let's see bitcoin at the end of this year, whether it becomes more valuable or declines like in the previous year.

The good catch with the current situation, Bitcoin continues to test much stronger support. We have seen new ATH but now
we see correction not that much but a slight one. if Bitcoin will continue moving like this, and with more and more institutional
investors and businesses to embrace this system, either for investment or for real case usages, bitcoin will be moving forward
and will get much higher appreciation before the year will end.

Hopefully it can be realized by the end of this year, bitcoin continues to grow to such a high price, the movement that occurs in bitcoin is quite good, although there is a small correction that occurs, but recovers by itself, many investors have been preparing to welcome the end of the year with enthusiasm and hope bitcoin will reach the maximum price, I am optimistic that the end of the year bitcoin will reach a high price, if bitcoin can maintain a good trend until the end of the year.

[Sanitough]

Bitcoin dump today and we are tested again. After hitting a new ATH, bitcoin dropped below $60k this month and it has not recovered fully yet. If this is just a short-term dump, we should see the price bounce back tomorrow and bitcoin start rising again.

And by the way, this could be another news that could add to shake the market.

China warns state-owned enterprises to cease involvement in Bitcoin mining

[arufox]

over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.

After touching the $68k level a few weeks ago and even more, the price is currently moving down significantly in the crypto market. However, there is a possibility that the price will continue to rise and return to the $70k level early next month.

We hope the prices won't go as far as last September. However, if there is news that causes prices to fall again, we are still prepared and ready to buy when prices weaken. We expect BTC to reach a price of $80,000 by the end of this year or reach $100,000 early next year as some experts have predicted.

[Devifajarina]

over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.

After touching the $68k level a few weeks ago and even more, the price is currently moving down significantly in the crypto market. However, there is a possibility that the price will continue to rise and return to the $70k level early next month.

We hope the prices won't go as far as last September. However, if there is news that causes prices to fall again, we are still prepared and ready to buy when prices weaken. We expect BTC to reach a price of $80,000 by the end of this year or reach $100,000 early next year as some experts have predicted.

If there is a decrease in the price of bitcoin, then we need to take steps to buy, but if there is a large price increase, then selling bitcoin is something we want, for the current price it is indeed a decline, but not far from the previous price, late year or early next year bitcoin will definitely touch the price as you say, if the good trend in December can be maintained until early next year.

[Pamadar]

Hopefully it can be realized by the end of this year, bitcoin continues to grow to such a high price, the movement that occurs in bitcoin is quite good, although there is a small correction that occurs, but recovers by itself, many investors have been preparing to welcome the end of the year with enthusiasm and hope bitcoin will reach the maximum price, I am optimistic that the end of the year bitcoin will reach a high price, if bitcoin can maintain a good trend until the end of the year.

More than a week left for the last month of this year, we still continue to notice that Bitcoin is trying to bounce back,

No clear sign of any major pump, but it's good to know that major dump is still not happening,
a short correction that manageable to overcome once strong bull comes alive.

December is the deciding month whether the Bull will continue to dominate this year or we will
see huge outbreak that will pull the price down.

[Woodie]

I think we could say we are back on the road to recovery after a scare which saw bitcoin drop from as high as $68k to around $56k.

Just looked at some charts a while ago which is showing are are slowly getting back up, currently at $58k and as long as $60k does not show any resistance

this bird will fly high! Bull market, we are back  

[romero121]

I think we could say we are back on the road to recovery after a scare which saw bitcoin drop from as high as $68k to around $56k.

Just looked at some charts a while ago which is showing are are slowly getting back up, currently at $58k and as long as $60k does not show any resistance

this bird will fly high! Bull market, we are back  

This doesn't look like we're back on the track. It looks like we're experiencing the market correction. If this has turned bullish the resistance barrier might've got broken. If it breaks the $60000 mark then it'll gain momentum to break $63k and continue to be bullish making ath values. If there is continued rejection then probably we'll see $53k at the shortest.

[Devifajarina]

Hopefully it can be realized by the end of this year, bitcoin continues to grow to such a high price, the movement that occurs in bitcoin is quite good, although there is a small correction that occurs, but recovers by itself, many investors have been preparing to welcome the end of the year with enthusiasm and hope bitcoin will reach the maximum price, I am optimistic that the end of the year bitcoin will reach a high price, if bitcoin can maintain a good trend until the end of the year.

More than a week left for the last month of this year, we still continue to notice that Bitcoin is trying to bounce back,

No clear sign of any major pump, but it's good to know that major dump is still not happening,
a short correction that manageable to overcome once strong bull comes alive.

December is the deciding month whether the Bull will continue to dominate this year or we will
see huge outbreak that will pull the price down.

I think one week is enough to pump bitcoin, although it is difficult and the chances are small, but anything can happen in crypto, especially regarding bitcoin which continues to be in demand by large and small investors, this dominance is very much dependent on the last week reaching the highest price, if this is not happens then the start of the year is a new outbreak that will emerge in crypto especially for bitcoin itself but i still believe bitcoin will find that high peak.

[Ebede]

We were always in a bull market. But if we talk in short terms it's too early to say. Today is a good day but we need to see what's gonna happen next to understand the situation.

In everydays of cryptocurrency they will be changings and the bull market just come when people did not assumed it arrives and is optional no matter the market, wether the market is not favourable again to traders continue because opportunity does not have continuity, bull market depends the rate of price you buy.

[Pamadar]

Hopefully it can be realized by the end of this year, bitcoin continues to grow to such a high price, the movement that occurs in bitcoin is quite good, although there is a small correction that occurs, but recovers by itself, many investors have been preparing to welcome the end of the year with enthusiasm and hope bitcoin will reach the maximum price, I am optimistic that the end of the year bitcoin will reach a high price, if bitcoin can maintain a good trend until the end of the year.

More than a week left for the last month of this year, we still continue to notice that Bitcoin is trying to bounce back,

No clear sign of any major pump, but it's good to know that major dump is still not happening,
a short correction that manageable to overcome once strong bull comes alive.

December is the deciding month whether the Bull will continue to dominate this year or we will
see huge outbreak that will pull the price down.

I think one week is enough to pump bitcoin, although it is difficult and the chances are small, but anything can happen in crypto, especially regarding bitcoin which continues to be in demand by large and small investors, this dominance is very much dependent on the last week reaching the highest price, if this is not happens then the start of the year is a new outbreak that will emerge in crypto especially for bitcoin itself but i still believe bitcoin will find that high peak.

Experienced wise, yes, one week is enough for the hype to happen. Knowing the nature of this business, the volatile market can go up or down depending on the investors and holders perceptions.

If there are more optimistic and will continue to buy and hold, we might see a good end of this year, but if sideway takes place,

We will expect more correction to happen, it's still depends also if what kind of investor/holder you are.

Bull and bear are part of this business. Timing is very important.

[Rufsilf]

We are now officially down to less than 30 days before this year ends and currently, the market's value is playing at 57,000 USD. No huge pumps or dips this week and we are having some quite correction and a dip since last week. Don't give up guys! We'll make through this, be optimistic and see it in a positive way.
Maybe Santa will bring some good news this month!

[StreakW]

over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.

In my opinion, After bitcoin hit a record ATH a month ago, the price of bitcoin is still experiencing a sharp decline in price due to the massive sell-off in the market since the last few weeks. Even now the price of bitcoin has not shown any signs of rebound and is still at the level of $57k. That's why I think the bitcoin market is currently in a bearish situation.