leea-1334
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August 24, 2021, 08:07:50 AM |
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But for sure, I have not felt this good or this sure about an upward move for a long time. Not a crazy 2017 run anymore but a slow and sure rise to the top At the right time now is the time of the year because we have gone through difficult times and in the end it is back rallying with a lot of bad news about China and so on so this really accommodates all directions but the market is able to survive with many investors believing that Exactly the real rally, $50k has been reached the next target is the new ATH, I'm sure this optimism that we maintain can come true. Because many good opinions about this rally news will continue. Still not so sure yet, but as I said yesterday,,, more sure than I have felt in a very long time and I am generally always feeling pessimistic. If we can return above $50k today and hold for over 24 hours at least once this week, it will make for a stronger case than ever. China news? Wait for it in another 2/3 years
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South Park
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August 25, 2021, 11:05:02 PM |
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I am 100% bullish on this year, this is looking like one of those prime periods when bitcoin could actually break the ATH again and it will not really be a shock to anyone neither. Let's be honest the price is at around 49k right now, we need only a 30% increase in order to break the ATH price and that is really something special, that is something unheard of, and that is why I think it is quite amazing to think about, because I believe that we are going to definitely do a 30% increase, it is nearly a child's play to go up 30% in few months for bitcoin, it could do that in a week, we just had a 60%+ increase in bitcoin in the past 2-3 weeks, we were at around 28k and now we are at 49k, that should tell you how insanely easy for bitcoin to go up that much. I am not saying it WILL do that, all I am saying is if it wants to, it is easier than anyone ever imagines.
Agreed, a new all time high is within reach, after all I do not think the previous ATH is going to behave as it is a great resistance as it it not as if it is in the consciousness of all traders as this impossible to surpass barrier in the same way that the 20k level was, so I think we are bound to see a new all time high during the next months and while some may wonder when that will exactly happen I do not care as I know that no matter what happens I will still be holding my coins whenever this happens.
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Kemarit
Legendary
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Activity: 3304
Merit: 1392
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August 26, 2021, 04:08:39 AM |
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There are two indicators when we look at the market cycle. We don't know how long this cycle lasts and what percentage of a cycle has increased or decreased, but for now, altcoins are not correct to say that they are still bullish. The movement of crypto assets this year is almost the same as last year. The bullish and bearish crypto assets are still the same as the previous year. The rise and fall of crypto assets will continue for the next few months. This can be seen from crypto assets that show an upward trend in prices.
Forget about altcoins though, they are not the one that is going to push the bullish cycle, on the contrary bitcoin is the main driver and altcoin just follow bitcoins price movement. China news? Wait for it in another 2/3 years China news will still linger in the crypto sphere no matter what, but the good thing is that we are no longer affected by it because we already know their intentions already. They want to move away from crypto and introduce their own digital Yuan.
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kotajikikox
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August 26, 2021, 08:13:46 AM |
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With the roller-coaster price movement this year, I like to know if what you think about this year's market condition overall.
Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?
Share your thoughts and what's your basis, it will help everyone to decide.
Well this roller coaster rides for the market helps us understand how healthy the market is and also brings profit to many of us , though of course losses to some also comes with it. I am for bullish not only this year but for the whole season from last year until 2022 . i don't know but i felt very positive in that span of time , or maybe i was so frustrated when the dump happen early 2020.
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Japinat
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August 26, 2021, 08:40:16 AM |
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With the roller-coaster price movement this year, I like to know if what you think about this year's market condition overall.
Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?
Share your thoughts and what's your basis, it will help everyone to decide.
Well this roller coaster rides for the market helps us understand how healthy the market is and also brings profit to many of us , though of course losses to some also comes with it. I am for bullish not only this year but for the whole season from last year until 2022 . i don't know but i felt very positive in that span of time , or maybe i was so frustrated when the dump happen early 2020. Forget about the dump as we are in the bullish market now, dump or long correction is normal in the space and we will probably witness more of that in the future but that would not stop crypto from growing its market. If we are smart, we invest at the right timing and that is always buying during the dip.
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bots1
Sr. Member
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Activity: 959
Merit: 278
Vave.com - Crypto Casino
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August 26, 2021, 12:37:37 PM |
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In my opinion, both Bitcoin and altcoins will still be driven by positive sentiment and higher adoption as well as the entry of countries or institutions into crypto assets. So the trend of the crypto market will still be bullish even though the volatility will most likely still be relatively high. Therefore, throughout this year it is projected that crypto assets will be in a positive trend.
My advice if you want to buy crypto, choose one with a large market cap, such as Bitcoin and Ethereum because the price is not too volatile. Because if the market cap is small, there is a possibility that it will turn into ashes. Because to maintain the market cap requires trust from the market.
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Woodie
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August 28, 2021, 03:11:41 PM |
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I feel we should be bullish about the market, remember a high of about $65k was set and low of $29k was also made making this the current price range,but because we are closer to the high...a break of this high will affirm this bullish trend and we should be on the verge of making new highs of the market.
With continued government intervention in the crypto environment, things actually look like they are working in favor of bitcoin and all other cryptocurrencies which is another confirmation of market being bullish.
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777Jolami
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Activity: 700
Merit: 14
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August 28, 2021, 04:49:00 PM |
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I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready
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Japinat
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August 29, 2021, 09:27:40 PM |
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I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready
We reach $50k already but the price did not rise, instead, it dumps back to $46k, so it's another test if it breaks it will stay over $50k. As for me, it looks so bullish on altcoins but not on bitcoin, and I like this kind of market as it's not dull, meaning altcoins could pump anytime while people are not panic because bitcoin is quite stable at the moment.
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Ryker1
Sr. Member
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Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
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August 29, 2021, 09:36:18 PM |
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I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready
We reach $50k already but the price did not rise, instead, it dumps back to $46k, so it's another test if it breaks it will stay over $50k. As for me, it looks so bullish on altcoins but not on bitcoin, and I like this kind of market as it's not dull, meaning altcoins could pump anytime while people are not panic because bitcoin is quite stable at the moment. Well that is normal to bitcoin price movement, after a huge pumping there is a correction but it will always end up with the price growing up if we compared it to the past or previous price. For me, I am still bullish on this year that bitcoin will reach again to the previous ATH, it was $60k the previous AT and perhaps there is a possibility that the price will stay there right after this correction. There are too many factors to consider that the price will rise, bitcoin continuing to spread out and making a noise because of its value.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Rasa nanas
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August 30, 2021, 04:37:03 AM |
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I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready
last month's bear market caused bitcoin to lose 50% of its price and it certainly wasn't a bear market like 2018. after that the bitcoin price started to recover and the price went up again. That's an early indication of why many people believe that a bear market will happen again and bitcoin will hit a higher price. but so far the bitcoin price is still stuck in the $50k price range and certainly hasn't passed ATH.
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South Park
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August 30, 2021, 03:24:07 PM |
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There are two indicators when we look at the market cycle. We don't know how long this cycle lasts and what percentage of a cycle has increased or decreased, but for now, altcoins are not correct to say that they are still bullish. The movement of crypto assets this year is almost the same as last year. The bullish and bearish crypto assets are still the same as the previous year. The rise and fall of crypto assets will continue for the next few months. This can be seen from crypto assets that show an upward trend in prices.
Forget about altcoins though, they are not the one that is going to push the bullish cycle, on the contrary bitcoin is the main driver and altcoin just follow bitcoins price movement. Very few people can do this and it is not difficult to understand why this is the case, the majority of the ones that want to see the altcoin market going up significantly during the next months are the ones that have invested in altcoins and despite the evidence that altcoins for the most part follow the price of bitcoin and nothing more, people want to believe that the cause of the next bull market are going to be altcoins but anyone that has taken the time to analyze the market knows this is not true.
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Golftech
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August 30, 2021, 05:22:58 PM |
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I am bullish on bitcoin, we have established a steady bullish period since July 20 ($29k) although the direction of movement is slow but it shows the level of confidence and the freshness of the market. The process of bulls overwhelming to the point of retracement was just an accident that accompanied the FUD. i believe we will end our honeymoon in august with 50k bucks, it's ready
last month's bear market caused bitcoin to lose 50% of its price and it certainly wasn't a bear market like 2018. after that the bitcoin price started to recover and the price went up again. That's an early indication of why many people believe that a bear market will happen again and bitcoin will hit a higher price. but so far the bitcoin price is still stuck in the $50k price range and certainly hasn't passed ATH. We can only specualte but we can't tell which side the market will go, there are still pressures and influenced from the different sides of this investment business. Traders are positive that the market is more strong compared to how it was way back 2017-18, that deep correction may not happened again and we might see new ATH before this year may end.
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