Is Bitcoin bull market back

[Obito]

I do hope it is back, the prices are going up again and a lot of bullish news are popping up that can affect the prices for real but I am still cautious about it because we don't know if it's a trap by the whales to make us pump the prices and for them to make a lot of money in the process.

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[gabbie2010]

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.

There is no doubt about it, the recent pump in price of bitcoin is a clear signal and indication that the bull market is back almost all TA backup the upward trend of the market, the bullish move started when price broke the resistance at $40K and retouch it, that is the resistance turned support moved the price till another resistance at $43K the same Price Action repeated itself till the price hits another resistance at $45K where it retrace or pullback to the resistance turned support at $43K, presently price had broken the resistance at $45K and retouching it for a possible movement ot $46k or above I beleived based all these Price Action had affirmed the bullish sentiment of the market.

[rahmatrf331]

I do hope it is back, the prices are going up again and a lot of bullish news are popping up that can affect the prices for real but I am still cautious about it because we don't know if it's a trap by the whales to make us pump the prices and for them to make a lot of money in the process.

I don't see it as a trap, instead I see it as an opportunity in business. you have to learn about the concept of business strategy, 80% of the market is controlled by those who have the largest shares in the crypto world and 20% is controlled by small investors who can only follow the flow of the crypto kings.
when the king wants to eat greedily, then all food must be served before the king, including small players who benefit from the king's greed.

[Kittygalore]

I don't think that it's the bull market again for bitcoin, it's a bit slow of a run if it really is a bull run in my opinion. For me, the best thing to do is watch out for the market and be careful while on it because we don't know what's in store for it's future, hodl if you can and don't panic over short-term dumps, you wull only lose money.

[dimonstration]

I don't think that it's the bull market again for bitcoin, it's a bit slow of a run if it really is a bull run in my opinion. For me, the best thing to do is watch out for the market and be careful while on it because we don't know what's in store for it's future, hodl if you can and don't panic over short-term dumps, you wull only lose money.

Bitcoin shall be on bullrun right now if there's no FUD whenever it will break the important price resistance. Bitcoin fails to maintain price above 46K and currently having a minor pull back. There some news about coinbase and China that might cause another FUD to the market. BTC is doing a good run from 32K until now but you are right that it's too early to say that we are on bullrun unless the price break the ATH since the current price is still too far from it right now.

[Kittygalore]

~

Bitcoin shall be on bullrun right now if there's no FUD whenever it will break the important price resistance. Bitcoin fails to maintain price above 46K and currently having a minor pull back. There some news about coinbase and China that might cause another FUD to the market. BTC is doing a good run from 32K until now but you are right that it's too early to say that we are on bullrun unless the price break the ATH since the current price is still too far from it right now.

That's why I still have some reservations as to why we should call it a bull run, there's a looming FUD or rumor transforming into a FUD, so I have a hard time believing it's a bull. Plus, this kind of number seems to me not a suitable number to stay on a bull run.

[Obito]

~snip

I don't see it as a trap, instead I see it as an opportunity in business. you have to learn about the concept of business strategy, 80% of the market is controlled by those who have the largest shares in the crypto world and 20% is controlled by small investors who can only follow the flow of the crypto kings.

What do you mean an opportunity? If it's a trap that means that it's bad for someone or some group to get in the market because there's a possibility that after getting in, they're going to get rug pulled and somehow losing their money. I am trying to warn people to be careful because it's no joke to lose money when you expect it to go up when you invest it.

[Ngemmeng]

I don't think that it's the bull market again for bitcoin, it's a bit slow of a run if it really is a bull run in my opinion. For me, the best thing to do is watch out for the market and be careful while on it because we don't know what's in store for it's future, hodl if you can and don't panic over short-term dumps, you wull only lose money.

Bitcoin shall be on bullrun right now if there's no FUD whenever it will break the important price resistance. Bitcoin fails to maintain price above 46K and currently having a minor pull back. There some news about coinbase and China that might cause another FUD to the market. BTC is doing a good run from 32K until now but you are right that it's too early to say that we are on bullrun unless the price break the ATH since the current price is still too far from it right now.

although currently the price of bitcoin is in a positive trend but I doubt that bitcoin will break through ATH in the near future. maybe bitcoin will experience a deep correction before bitcoin breaks through ATH and then creates a new much higher ATH.

[BobK71]

The current price of btc marked as green signal. Experts give their thoughts on what that fall in the cryptos means for the future of the space.  so Cryptocurrency is not going away, just like gold is not going away. Yes, it’s had its ups and downs and  was not a good day for it but that’s true of anything that is relatively new. Now The bull market back again.

[sana54210]

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.

I have to say that it is! And that makes me so happy. We are in a situation where crypto currency prices are soaring right now and that is a good thing, we should never be upset about when the price goes up but I still feel a little bit sad about the fact that prices are soaring before I could get even more, I have some but I really wanted to own 1 bitcoin again someday, and the higher prices goes the lesser chance for me to have that, I thankfully bought some at lower levels, so I have now enough that I could never imagine I would with the current prices, but I still do not have one whole bitcoin.

In any case it is good to see bitcoin hyped, it is a good thing and it certainly gives people some courage for it as well. I can't say this or that will happen in the future but what happened in the past 2 weeks is a great indicator that bulls haven't given up just yet for a new ATH in the current year.

[DatKing]

I'm still not very sure about whether the bull market is back now. It's true that we are having a good rally in general. But it doesn't seem to me like it's a bull run. So, I'm not expecting a new ATH level very soon. Maybe we can see it after the summer. But for this month, I think the biggest level that Bitcoin price can reach is $55k. After that, I think that we will see a significant correction again.

[rahmatrf331]

now the bitcoin market is back fluctuating or bearish, I see in the past few days bitcoin has weakened a little after bitcoin had broken through $47,000 now it's back down to $45,400. is it only limited to the end of the week and will be back bullrun. but I'm still wondering what's going on in the last few days bitcoin has weakened again?

[DU18]

Right now the price of bitcoin is still very difficult to predict, because in the last few days the price of bitcoin has continued to play at $47k-$48.5k, and technically the price of bitcoin should be able to reach $60k if later bitcoin managed to break through the resistance point of $50 k, but of course market conditions will not always be the same as what analysts predict, so in my opinion positive sentiment and also the demand for bitcoin in the market will greatly affect bitcoin to be bullrun or even bearish in the near future.

[Woodie]

Reflecting where price has come from,bitcoin was in a bearish trend for quite a long time and some people in different circles thought this was also the end of bitcoin as this also affected miners with the carbon emissions saga which was almost a double tragedy but price seems to have bounced back and if $30k was a support area price is expected to break the $60k range to make a new range it will be trading in....I guess we can say we in a bullish market as price keeps soaring to the upside.

[Jating]

Reflecting where price has come from,bitcoin was in a bearish trend for quite a long time and some people in different circles thought this was also the end of bitcoin as this also affected miners with the carbon emissions saga which was almost a double tragedy but price seems to have bounced back and if $30k was a support area price is expected to break the $60k range to make a new range it will be trading in....I guess we can say we in a bullish market as price keeps soaring to the upside.

It's because that supposedly argument about bitcoin's carbon footprint is blown up of proportions by some dude and then followed by the China news about clamping down anything that involves crypto. But lo and behold, it's over now, the price seems to bounce back already and I have no doubt that we will reach another all time high at the end of the year. Bullish phase is already back and we are on the last stretch this quarter. Might go as high as $80k in my opinion.

[ranaprime]

The current price of bitcoin is approximately 45k and it is not exactly the bull market. But we are very close to the bull market. We see the last high price of bitcoin is 62k so we will get it more then before then we can mark bull run is back.

[asrinur]

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 the current movement of the cryptocurrency market is experiencing a significant decline. The decline in the price of Bitcoin, which was followed by several altcoins. I consider this price action to be bearish, and I think the decline in bitcoin prices will continue until the end of this month.

[Spack17]

Recently, most people are waiting for the so-called "Golden Cross". Golden Cross happens when the long term average price and the short term average price converge in the chart. And when this happens, we expect a really big rally in the market or a bull run. A bull run is the main thing that we have all been waiting for. I hope to see one of these things to happen in the next month.

[newwest]

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 the current movement of the cryptocurrency market is experiencing a significant decline. The decline in the price of Bitcoin, which was followed by several altcoins. I consider this price action to be bearish, and I think the decline in bitcoin prices will continue until the end of this month.

Bitcoin recently had fallen due to China's news and dint last long if we see it as on same day was back to 43 k. Only thing that it was approx 48-50k range zone and was getting stable but had dip from there till 40 and back to 43k. So if we consider than bounce back is sure and soon will see it back to 50k again.

[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, 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 the current movement of the cryptocurrency market is experiencing a significant decline. The decline in the price of Bitcoin, which was followed by several altcoins. I consider this price action to be bearish, and I think the decline in bitcoin prices will continue until the end of this month.

The current significant decline that's happening in the market is a sign that in spite of the institution and the private companies that invested in Bitcoin, the market still replicates its previous price momentum. This means people are to prepare some capital in stablecoin to buy the dip cause the market blood bath will still happen just as we have seen after all the previous halving market.