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Author Topic: Is Bitcoin bull market back  (Read 1624 times)
Clavulanic
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August 01, 2021, 09:58:21 PM
 #121

This is just a good start for bitcoin recovery after huge correction happened last July of 2021, many people have worried and tend to panic because of that state. But, everything turns out to be normalize when good news came out, and also FUD articles were minimized. Bad comments has now being silenced by positive outlook of every individuals who's able to say more motivated and unlike the last time btc price went down so bad.

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August 02, 2021, 02:03:36 PM
 #122

Yup, I also use trading and investing as learning materials because there are many life lessons to be learned.  No matter how difficult it is for us to start investing in crypto, it's not much different as we open a business in the real sector, it's even more risky to invest in the real sector because the failure factor is not only on one side but on various sides.  I feel that people who invest and trade in crypto are quite grateful for getting better financial literacy.
Crypto investment should not be done randomly without doing any analysis as it is much riskier than many people think. I wouldn't even invite someone who knows nothing about crypto and the market to invest because I know the risks are real. Those of us who are already in this space are always exposed to lingering risks such as asset security risks and volatility risks, so it's only natural not to invite anyone who basically doesn't understand crypto to come in and buy them at random. Experience will probably give us a lot of knowledge and will be very useful for anyone involved.

Regarding the bull market, I think this could happen at any time even if only influenced by some positive issues. I don't think the bull market has returned now as it seem to be a reaction of the market wanting to move up slowly after a downtrend for several month. As many have said, volatility will always exist and we can only hope that there is plenty of fundamental to support another bullish attempt.

Although the current condition cannot be said to be bullish, we still have to be optimistic about going through the next stage.  Slowly the market will improve even though it takes a long time, it is possible to get better again.  As long as the whales don't create negative issues, I believe the market has the potential to improve in the future and those that have averaged down will have a chance to take profit.
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August 02, 2021, 03:42:15 PM
 #123

Although the current condition cannot be said to be bullish, we still have to be optimistic about going through the next stage.  Slowly the market will improve even though it takes a long time, it is possible to get better again.  As long as the whales don't create negative issues, I believe the market has the potential to improve in the future and those that have averaged down will have a chance to take profit.
It will slowly follow a good timeline and be optimistic about the challenges that must be overcome, although I believe it will continue to move in the near future.
Bitcoin is currently still back below $40k but only tens of dollars apart without any worries I think it's still a good pace for this slow bullrun.
I see no sign of anything bad or a dump to come, as if the whales have kept this for bitcoin to strengthen again.
We will see the journey in early August.

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August 02, 2021, 07:46:09 PM
 #124

The recent increase in the price made us start thinking of whether the bull market is back again or not. Because Bitcoin price climbed to even $42k recently. And still it has a potential to do better. In the coming days, we may witness Bitcoin price reaching at least $45k, I think. Then it could be even easier to reach at least $50k in a short time period.

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August 03, 2021, 06:31:46 AM
 #125

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 $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
I think bull market is back on track. When Bitcoin drops up to 29k$ I thought that was the start of the bear market but after dropping to 29k$ the price is slowly rising up to 40k$ so I think we are in bull market because the price is rising, and maybe it will continue to rise in the next few days.

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August 03, 2021, 08:43:20 AM
 #126

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 $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
I think bull market is back on track. When Bitcoin drops up to 29k$ I thought that was the start of the bear market but after dropping to 29k$ the price is slowly rising up to 40k$ so I think we are in bull market because the price is rising, and maybe it will continue to rise in the next few days.
Even the market will keep on the $30k price range, for me, I'm still considering the situation is bullish. But to talk about another ATH before the year-end, that seems impossible. I mean, we're done with a tremendous bullish season early this year, and base on the previous Bullrun it hasn't seen as we run for two sets of ATH in one year after hitting the peak. Nevertheless, everything is unpredictable and we know that the market looks different from what is shown in the past years.

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August 03, 2021, 09:18:47 AM
 #127

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 $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
I think bull market is back on track. When Bitcoin drops up to 29k$ I thought that was the start of the bear market but after dropping to 29k$ the price is slowly rising up to 40k$ so I think we are in bull market because the price is rising, and maybe it will continue to rise in the next few days.
Even the market will keep on the $30k price range, for me, I'm still considering the situation is bullish. But to talk about another ATH before the year-end, that seems impossible. I mean, we're done with a tremendous bullish season early this year, and base on the previous Bullrun it hasn't seen as we run for two sets of ATH in one year after hitting the peak. Nevertheless, everything is unpredictable and we know that the market looks different from what is shown in the past years.
Market behaviour hasn't changed much, only the growth percentage have varied and the same reflects on the price of bitcoin. The cyclic pattern of growth is happening with the market. I'm not that good with price prediction. Based on experts who study the chart in a better way hasn't mentioned of a sure bull market based on the 50 days moving average. There is more chance of Market to fluctuate within $35k to $45k for a long time.

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August 03, 2021, 10:23:41 AM
 #128

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 $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
I think bull market is back on track. When Bitcoin drops up to 29k$ I thought that was the start of the bear market but after dropping to 29k$ the price is slowly rising up to 40k$ so I think we are in bull market because the price is rising, and maybe it will continue to rise in the next few days.

It could be, but I've seen the market goes down below $40k after having like 10 consecutive days of green candle. Maybe this bull run is short as compare to the last one. Nevertheless, I will say that I'm still bullish long term.

We still have a lot of leg room to wiggle before the end of the year. The crucial months is the last quarter. Historically, those months proved to be the strong finishing kick, so we might still see a new all-time-high, just saying.

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August 03, 2021, 11:07:11 AM
 #129

We have broken key levels (40k) for the first time since the May downturn... there is much hope of a renewed bull --hopefully there won't be any new FUD to hamper it in the coming weeks.
expect FUD everytime mate and this is part of this market , what you must pray is that people will finally realized not to listen nor believe those released FUD and focus in their trust and investment here in forum.
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August 03, 2021, 01:43:20 PM
 #130

Its very nice for some to see 1000% and 500% increases in many coins, if not all !
It has to come down eventualy, im very interested to see how thats going to happen.

I see the ups and downs of the bitcoin market price are still reasonable and normal. if it goes up and rarely goes down, it's a worry. After all, the market has a time to go up and a time to go down.
Recently, there have been many rumors that large investors want to adopt bitcoin in large numbers, so it can be predicted that the level of demand for bitcoin in the future will be even greater, conceptually the market price of bitcoin will soar again.

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August 03, 2021, 01:45:50 PM
 #131

The recent increase in the price made us start thinking of whether the bull market is back again or not. Because Bitcoin price climbed to even $42k recently. And still it has a potential to do better. In the coming days, we may witness Bitcoin price reaching at least $45k, I think. Then it could be even easier to reach at least $50k in a short time period.
Not really a good thing to start assuming that the price will go up more than it has already, we don't know yet if this is a trap or a legitimate run that's going to continue from running. I don't think that we are on the bull market already but I do think we are out of the bear already so it's still a good thing.

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August 03, 2021, 02:11:51 PM
 #132

Not really a good thing to start assuming that the price will go up more than it has already, we don't know yet if this is a trap or a legitimate run that's going to continue from running. I don't think that we are on the bull market already but I do think we are out of the bear already so it's still a good thing.
The bitcoin price will rise eventually in the future, it is a matter of times. The recent fluctuation with the price rising up to $42k then dropping under $40k again might be partially related to the Amazon accepting bitcoin rumor. Such rumors implantation to test the market and profit from the fluctuations of the price is "classic".

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August 04, 2021, 04:50:23 AM
 #133

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 $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
I think there is no bear market the dropping of the Bitcoin price up to 29k$ is maybe a short correction. Because the price isn't stable on 29k$ its quicky back on to 40k$ we are not backing into bullish because we are in bullish market, I can only say bearish market when the price of btc will fall down below 20k$.


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August 04, 2021, 05:01:04 AM
 #134

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 $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
I think there is no bear market the dropping of the Bitcoin price up to 29k$ is maybe a short correction. Because the price isn't stable on 29k$ its quicky back on to 40k$ we are not backing into bullish because we are in bullish market, I can only say bearish market when the price of btc will fall down below 20k$.

Hard to say it won't be going back below $20K, it's not good to see the price go below that price because people will come buying when it goes that low. It will come back up again when it hits that level because they know it's a bit low which institutions could also be buying. We have seen this happen when the price goes $29k.

Those institutions trying to manipulate the market will try to maintain the price high and at the same time not so low. Keeping the range I guess until there is a proper regulation done by the SEC.

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August 04, 2021, 11:33:04 PM
 #135

I think there is no bear market the dropping of the Bitcoin price up to 29k$ is maybe a short correction. Because the price isn't stable on 29k$ its quicky back on to 40k$ we are not backing into bullish because we are in bullish market, I can only say bearish market when the price of btc will fall down below 20k$.
That's a huge correction and it happened shortly. It is the typical correction that has to balance it whenever bitcoin goes onto all time high. And what if that's like already the huge fall that's the same on 2018 bear market but this time, it just happened quickly? well, nobody knows the answer for sure until we see what's going to happen for the next months and years. Bitcoin is again approaching back to $40k and it's just a few more hundreds away from that line again. If it breaks, just like those predictions and analysis, it might push through $45k.

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August 05, 2021, 12:34:50 AM
 #136

I think we are back in track after the dropping of the price last few weeks we are now back to 39k$ it means bull run is now back. And we need to grab some gear opportunity from this bull run, I believe that if we buy now we will earn a big profit before year end not only on Bitcoin but also in altcoins, it is the almost the same track on year 2017 the only difference her is the price, the last bull run price is lower than the bull run price today.
there is still a chance to buy bitcoin before the bullrun actually occurs.
now it's up $39,000 before dropping again around $36,000, the drop wasn't too painful and now it's starting to recover.
the bullrun will continue we are preparing the fuel before the pump is done, because we are with the successful people of the future.

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August 05, 2021, 02:29:47 AM
 #137

I think we are back in track after the dropping of the price last few weeks we are now back to 39k$ it means bull run is now back. And we need to grab some gear opportunity from this bull run, I believe that if we buy now we will earn a big profit before year end not only on Bitcoin but also in altcoins, it is the almost the same track on year 2017 the only difference her is the price, the last bull run price is lower than the bull run price today.

Yes, we are back on track now, almost 3% gain in the last 24 hours, and closing in to $40,000. I thought that we are in for another crazy ride that will put the price to the next support, which is $36,000. Fortunately, maybe we have a good news that put back the investors again and push the price. So I'm not surprised to see the price going above $40,000 in the next 24 hours, although there could be another stiff resistance, we can breach it again.

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August 05, 2021, 04:01:43 AM
 #138

I think we are back in track after the dropping of the price last few weeks we are now back to 39k$ it means bull run is now back. And we need to grab some gear opportunity from this bull run, I believe that if we buy now we will earn a big profit before year end not only on Bitcoin but also in altcoins, it is the almost the same track on year 2017 the only difference her is the price, the last bull run price is lower than the bull run price today.

Yes, we are back on track now, almost 3% gain in the last 24 hours, and closing in to $40,000. I thought that we are in for another crazy ride that will put the price to the next support, which is $36,000. Fortunately, maybe we have a good news that put back the investors again and push the price. So I'm not surprised to see the price going above $40,000 in the next 24 hours, although there could be another stiff resistance, we can breach it again.

I'm glad Bitcoin is back up again, even though before the Bitcoin price dropped suddenly after the Bitcoin price managed to rise to $42k. We do have
to have patience when investing in Bitcoin, because no matter how low the price of Bitcoin, always goes up again. So my advice is to just hold
the Bitcoin that we have until we reach the target we set. And buy more Bitcoin when the price drops, I believe in the next few days it is very likely
that Bitcoin will rise again above the $40k price. Because based on my analysis Bitcoin has re-entered the bullish trend again.

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August 05, 2021, 04:30:56 AM
 #139

I think we are back in track after the dropping of the price last few weeks we are now back to 39k$ it means bull run is now back. And we need to grab some gear opportunity from this bull run, I believe that if we buy now we will earn a big profit before year end not only on Bitcoin but also in altcoins, it is the almost the same track on year 2017 the only difference her is the price, the last bull run price is lower than the bull run price today.
until we break 50k back again then this can be called back on track as bitcoin cannot even stay 5 days above 40 days so there is no sense in calling this as backing to bull.

and also FUD is continuously making its way to break the uptrend so there might be a long days to wait.
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August 09, 2021, 11:04:17 PM
 #140

This is the question that everyone wants to know the answer of. Nobody has a certain answer of course. We hope that the bull market is back again after being bearish for a long time. Those times were really boring. Now, it feels great to see the price increasing quite fast. I think there are two options:

1. This is not the bull market but a really good rally.
2. This is really the bull market and we should get ready to see a new ATH soon.

I hope the second one is happening now.  Grin

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