Is Bitcoin bull market back

[Traderbtcc]

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.

The market strategy should be be used to get some profits.It should not hold for the longer period then a spectated one.Further holding will leads to the loss for sure.People should do good analysis to get some profit in trading.Most people fail to analysis the market and just keep for longer period blindly and may lose some times.It should be carefully watched to escape from the loss.

I know it seems like bitcoin is weak and can't pump too hard now, but I think it's due to the fuds that China were releasing day after day, the fud caused panic and made most people sell their crypto even at losses, because they thought the ship was going to sink soon like it did in 2017, instead of selling now, why not accumulate more bitcoin? so that when China run out of fud and crypto related things to ban you will be flying high, because bitcoin is still pump back to $64k eventually and even break the ATH.

[oHnK]

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.

The market strategy should be be used to get some profits.It should not hold for the longer period then a spectated one.Further holding will leads to the loss for sure.People should do good analysis to get some profit in trading.Most people fail to analysis the market and just keep for longer period blindly and may lose some times.It should be carefully watched to escape from the loss.

I know it seems like bitcoin is weak and can't pump too hard now, but I think it's due to the fuds that China were releasing day after day, the fud caused panic and made most people sell their crypto even at losses, because they thought the ship was going to sink soon like it did in 2017, instead of selling now, why not accumulate more bitcoin? so that when China run out of fud and crypto related things to ban you will be flying high, because bitcoin is still pump back to $64k eventually and even break the ATH.

We can't have the same view of the market, most of people will feel worry when they got loss for their investment. We can be stable when We have been experienced investors  but all we know that everyone have their own level experience for example me. Im not expert in trading or investment but I try to understand the market. I got 50% loss but I dont sell any BTC because I trust that one day the bullish will come. The way to cover my portfolio is buy back at lowest price and avarage down my asset.

[blue_nexus15]

Yeah, it's coming back really fast this week. Although still being pressed by the bears at $40 very strongly but I believe it will be broken soon, looking at the strong candles and indicators now, I think we are holding the 39k resistance and will break 40k in a few hours.

so that when China run out of fud and crypto related things to ban you will be flying high, because bitcoin is still pump back to $64k eventually and even break the ATH.

Yes, I like this scenario. By the end of August I expect it to be 80k$.

[cryptocard15]

I Think bull market end bear market start. Recently pump only Amazon news my opinion rumor made the small pump and dump. I think bitcoin mor dump in future. Than bull run start.

[suzanne5223]

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

The surge in the price of the market is the wonderful side of the cryptocurrency market but this current trend still need to be treated with caution and  people shouldn't relax much due to the profit involved.

a move that many will see as a bull market movement.

I also consider this move to be a bull market but the momentum may not last like the first bull run market because market blood bath can happen anytime.

[Boov]

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.

I am having good takes and positive outlook towards what's happening with bitcoin market right now. In fact I'm adding few buying powers just to make my holdings intact and in preparation to another bullrun, I must take a strong motivation just to fulfill all my goals in crypto. Though I'm still holding some altcoins which doesn't got good value now, hopefully one day it will be carried over when btc progress continuously soars and soon triggers altcoins glorious days to occur someday.

[kawetsriyanto]

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.

Too early if you expect the Bitcoin price to come back again to $64k. But I don't say it is impossible.
You must understand how the crypto price movement, right? After a big increase, there should be a decline to follow. I even predict that the Bitcoin price still has a chance to drop again below $35k before it tries to move above $45k. Just monitor the Bitcoin price in the next few days, it can survive above $40k, it can continue to break $45k. But if it fails, I suspect the price to drop again below $35k for several days or weeks.

[Ayiranorea]

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.

Too early if you expect the Bitcoin price to come back again to $64k. But I don't say it is impossible.
You must understand how the crypto price movement, right? After a big increase, there should be a decline to follow. I even predict that the Bitcoin price still has a chance to drop again below $35k before it tries to move above $45k. Just monitor the Bitcoin price in the next few days, it can survive above $40k, it can continue to break $45k. But if it fails, I suspect the price to drop again below $35k for several days or weeks.

Maybe thoughts for reaching $64k is an early choice, but the market has turned to stand on the positive side. After reaching a low bottom around $30k now the price has crossed $40k within few days of time once after the successful meet. Upon my opinion if it can break $45k surely it'll continue to breach next barriers of $50k+ within a week.

[Rajamuda]

what are your takes on the current bitcoin market movement.

That way, it has been proven that the popularity of bitcoin is now increasing and is increasingly in demand by more people and also big investors. It is possible that it will touch the $60k level in the long term, this is the best opportunity, and as a hope that it will prove to be great. Hopefully everyone still keeps holding with consistency and selling it at the highest price.

[AakZaki]

~snip~

$70k? Everyone is expecting a move to $100k or at least a new all time high at the end of the year.

Fundamentals are good because of amazon but after knowing it was a lie the market went red again. Actually on the fundamentals Amazon BTC is trying to break the resistance at $41k. But that hasn't happened yet, a lot of people are also waiting at the price of $25k, even $13k. That's natural because the history of bitcoin's chart rate is the exact same benchmark. I myself expect BTC to stay in the sideway area between $30k-$40k. Don't fall below the last low of around $28.8k. If this happens then recovery new ath I think have to wait another 4 years.

[oemar bakrie]

my opinion for now is hopefully bitcoin is at a safe point and will still be stable there is no significant downward movement..
because in times like this it is difficult to predict because the world's economy is in crisis and my hope is to play it safe..

[iTradeChips]

Right now, what's important is that we enjoy what we earn, but also at the same time, we need to be sure that we can somehow be able to plan and be able to make calculated decisions so that we will not lose so much money. Emotions like being confident or overconfidence will certainly would not help with our trading decision. You can lose profit by using gut feeling decisions. Also make sure that you ask people, talk to people, converse, and always have a desire to learn crypto.

[Karartma1]

By the amount of leveraged positions liquidated on the exchanges and looking at the very fast pace of financial institution incumbents tapping into crypto, I believe the bull market will resume soon. I don't expect much before sept-oct and surely next ath slips to next year. But we should be able to go back to some nice price levels.

[Reatim]

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.

still struggling to climb up high as 40k still resisting and cannot stabilize on that position , maybe we need to break at least 42k first before the candle lights back again for this season of 3rd quarter.
after having a great 2nd quarter yet we end up dumping before the 3rd comes.

By the amount of leveraged positions liquidated on the exchanges and looking at the very fast pace of financial institution incumbents tapping into crypto, I believe the bull market will resume soon. I don't expect much before sept-oct and surely next ath slips to next year. But we should be able to go back to some nice price levels.

yes , we might not seen 60k level again but at least maintain the 50k level before the year ends and will start accumulating again in 2022 as the next halving is coming so fast for the next couple of years.

[LUCKMCFLY]

I think that the market is in a bullish trend for a while, it has had very large corrections, yes, but that it is part of the normal market, now that we are in a pandemic it is difficult to determine what stage of the market it is, but from how I see it it is in bullish trend, in fact in the long term is that I see it, in the short term everything changes, as they say in this article:

Bitcoin tries to break $40K for the second time in as many days

While the current price indicators suggest that Bitcoin may stick to its ongoing support of the $30,000–$40,000 mark, BTC is yet to see a positive change of $20,000 before it can reach its former glory of $60,000.

What may seem like a good indication, the sudden push to exit an immediate resistance does not accompany the $30,000 corridor. By the time of writing, Bitcoin’s price is closing in on $39,500.

Source: https://cointelegraph.com/news/bitcoin-tries-to-break-40k-second-time-in-two-days

I find it very interesting, because many of the short-term analysis volatility is very large, and it tends to have many surprises, in the long term there are more options to react.

[lepbagong]

By the amount of leveraged positions liquidated on the exchanges and looking at the very fast pace of financial institution incumbents tapping into crypto, I believe the bull market will resume soon. I don't expect much before sept-oct and surely next ath slips to next year. But we should be able to go back to some nice price levels.

If you continue to be optimistic about the bull market, it is clear and natural that this will happen. but I actually see from the side of the halving effect which is usually after the halving, a year later there will be an increase at the end of the month. the first and second halving effects occur in november and december with renewable ATH, so I am also optimistic that it will occur at the end of the month with renewable ATH and is definitely more fantastic than the first and second effects. but we are equally sure and optimistic about this.

[kawetsriyanto]

Maybe thoughts for reaching $64k is an early choice, but the market has turned to stand on the positive side.

It is true that the market is on a positive trend right now. But we don't know how long this positive trend will continue. There is always a chance that the market trend to come back again to a downtrend for few weeks or even months. Just be careful and don't too early to decide about the bullish come back already.

Upon my opinion if it can break $45k surely it'll continue to breach next barriers of $50k+ within a week.

Sure, if it breaks $45K, the BTC price will go to retest $50k as the next target. But we don't know a certain time to reach $50k. It can be in a week, two weeks, or more. Well, first of all, the current price is about $40k, and try to survive. Let's see if BTC price can survive and go to the next target $45k. Then, we can talk about the possibility of $50k and $60k.

[OcTradism]

Sure, if it breaks $45K, the BTC price will go to retest $50k as the next target. But we don't know a certain time to reach $50k. It can be in a week, two weeks, or more. Well, first of all, the current price is about $40k, and try to survive. Let's see if BTC price can survive and go to the next target $45k. Then, we can talk about the possibility of $50k and $60k.

The Stock to Flow model is validated and $100k is even the mid of this bull run. If you don't want to take risk and are fearful of losing profit by not taking it when price rises to $50k, you can sell it.

But be aware of the Stock to Flow model and prepare a feeling that you won't regret if Bitcoin has price higher than $65k. I am sure we all feel happy when taking profit but the feeling of regret when don't take profit at top is hard to accept.

https://stats.buybitcoinworldwide.com/stock-to-flow/

[zanezane]

Too early to say if we are really back because the recent rise seems to fueled by something and I think it's an unnatural movement so we better be careful because it might be a bit rug pull that we are seeing. Be cautious with each step on market, it's better to take it slow than to lose all your money because you got dragged by the hype.

[oHnK]

Sure, if it breaks $45K, the BTC price will go to retest $50k as the next target. But we don't know a certain time to reach $50k. It can be in a week, two weeks, or more. Well, first of all, the current price is about $40k, and try to survive. Let's see if BTC price can survive and go to the next target $45k. Then, we can talk about the possibility of $50k and $60k.

The Stock to Flow model is validated and $100k is even the mid of this bull run. If you don't want to take risk and are fearful of losing profit by not taking it when price rises to $50k, you can sell it.

But be aware of the Stock to Flow model and prepare a feeling that you won't regret if Bitcoin has price higher than $65k. I am sure we all feel happy when taking profit but the feeling of regret when don't take profit at top is hard to accept.

https://stats.buybitcoinworldwide.com/stock-to-flow/

I also feel the same way because why keep panicking when the price drops and immediately sell and then when the price goes up immediately sell for take profit even though if you look at the long term chart, BTC is very promising.  We often do panic buy or sell.  Whales on the other hand continue to make issues in their favour.