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Question: is it gonna be bullish or bearish this year?
Bullish
Bearish
I don't know

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Author Topic: Are you bullish or bearish this year?  (Read 1131 times)
Questat
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July 28, 2021, 04:18:06 PM
 #21

Wow, the majority of the votes are bullish.

Maybe we are seeing some dump of price but the market is still bullish as of now.
The fact that bitcoin has risen $40k again, that's a sign that it could bounce back, but we can never tell, we just have to believe and bet what we believe.

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July 28, 2021, 06:05:15 PM
 #22

Wow, the majority of the votes are bullish.

Maybe we are seeing some dump of price but the market is still bullish as of now.
The fact that bitcoin has risen $40k again, that's a sign that it could bounce back, but we can never tell, we just have to believe and bet what we believe.


The majority of people believe that at the end of the year it will be bullish again and that is the full hope of everyone who thinks positively.
We are now in the middle of the year and half of the ATH before it, little by little bitcoin will surely recover after seeing a bit of a pump to $40k now, will this continue to be sustainable so it can redeem 50k or more?
Meanwhile, the end time is still quite long, so I think the uncertain plan with good news will bring back the bullishness.

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July 28, 2021, 08:38:02 PM
 #23

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, I remained bullish. Simple because the current Btc price isn't considered as bear market, even when Btc was still sitting at $30,000 level. Though the drop was 50% from the last ATH, but $30,000 is still a big increase in price compared from the past years.
Also, even with the negative news that might've greatly affect Btc like the China power issue, Btc still remain it's range and doesn't seem to be affected at all.
Now, Btc has been gradually increasing again flirting near the $40,000 level. It gives me a lot more reason to stay bullish in the coming months.
Look at how awesome it is rising as well. We have broken 40k+ twice in this one week, how could anyone be not bullish during this period? I personally feel like we are destined for great things, maybe not right now but it is basically looking like we are going to keep going up and up whenever we fall, and that is what matters the most, the price could fall, but it will recover and go back up and that is the most important thing, we are working towards making sure that we can make a big profit whenever there is a fall.

So when you see bitcoin fall ever again, just buy as much as you can and then you can sell it whenever it goes up, that way you could profit from it a lot more. I have a family member who put a place on sale and he doesn't need that money, I may actually end up convincing them to put a bit of it on crypto, because it is looking mightily bullish now.

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July 28, 2021, 10:05:23 PM
 #24

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.

The market has the balanced market behavior there's a slight bearish attempt but eventually it took the fast recovery.
Right now, it's moving towards the green signal which soon take a bullish market this year.
My advice to everyone, don't give up their holdings and keep on waiting because glory days will come which we never expected this year.
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July 28, 2021, 10:11:19 PM
 #25

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.
Hard to tell but its better that we are staying on 40k price as of this moment after a long time on hovering on 30k+ price which we do even able to see below 30k support but eventually the price hadnt stayed up that low

for long and thats really a sweet spot for you to buy cheap but somehow its never been too late to accumulate which i do consider if we do break this 40k point then it would possibly go through

45k and heading to 50k but its not guaranteed though basing off with technicals but at least we can picture out the probabilities but talking about precise manner then it would be still always a question in mind.

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July 28, 2021, 11:19:05 PM
 #26

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.

The market has the balanced market behavior there's a slight bearish attempt but eventually it took the fast recovery.
Right now, it's moving towards the green signal which soon take a bullish market this year.
My advice to everyone, don't give up their holdings and keep on waiting because glory days will come which we never expected this year.
I feel that the market trend will continue to move in the same trend until the end of this year. We can see some pumps and market rallies for some altcoins but in regards to reaching again for ATH, though there is a possibility due to some good news, I was not going to think about it for now.
But it was also good to prepare for the sudden dumps, just like what happened last 2017 where almost everyone is thinking bullish and more pumps but huge drops comes and it surprises as all making us to suffered losses.
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July 28, 2021, 11:50:40 PM
 #27

Be bullish by accumulating during bearish pull backs, it sounds nonsense but you want to buy long term when the short term weakness is over done making it cheaper to be a buyer.   Similar sell the froth and between those two you should be able to equalize to a profitable difference.
   Its not quite so simple to spot but most humans can recognize sentiment and then you just need to be pragmatic and certain of your determination beyond just a typically short term market outlook and excessive speculation vs positive iterative fundamentals

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July 29, 2021, 12:00:21 AM
 #28

I'm quite bullish given that a lot of pressure has been put into critical support ranges yet bitcoin still managed to pull through and bounce back. $29k is indeed a very precarious support price point, and if broken, we can even see the price tumbling down back to sub-$20k. People will lose confidence with bitcoin and the rest will follow suit. We know what happens when the market loses confidence over something, and it's not that pretty. Since bitcoin managed to stay afloat despite the pressure the bears have been putting, I'm confident that we will be able to get continuous growth for the rest of 2021.
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July 29, 2021, 02:34:24 PM
 #29

Wow, the majority of the votes are bullish.

Maybe we are seeing some dump of price but the market is still bullish as of now.
The fact that bitcoin has risen $40k again, that's a sign that it could bounce back, but we can never tell, we just have to believe and bet what we believe.

After what happened to bitcoin a few weeks ago, bitcoin is now at a bull trend, but I do not know if it will really bull trend that can lift the price to the high price as before or it will happen temporarily and will go back to the lower price.

As long as the price does not go back to $20k, I think the market is still bullish because bitcoin can increase back to a high price. But it is difficult to say what the market conditions are because the price is still up and down many times. Sometimes, it can get bullish, while the other time can get bearish. If you want to buy or sell bitcoin, do not forget to analyze to know what the situations are.



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July 29, 2021, 03:52:05 PM
 #30

I'm quite bullish given that a lot of pressure has been put into critical support ranges yet bitcoin still managed to pull through and bounce back. $29k is indeed a very precarious support price point, and if broken, we can even see the price tumbling down back to sub-$20k. People will lose confidence with bitcoin and the rest will follow suit. We know what happens when the market loses confidence over something, and it's not that pretty. Since bitcoin managed to stay afloat despite the pressure the bears have been putting, I'm confident that we will be able to get continuous growth for the rest of 2021.
Of course this will make the impact worse when it loses confidence in the $20k price and worse with the FUD I thought it would happen if the support couldn't be broken but all that has been passed and has secured the position with $40k so investors are a little more relieved because of that month holding at $30 and by the end of it can pass this resistance then this will continue to be a good recovery for the market.

So overall this will definitely pass and with more bullishness with the rest of the time now I will see how bitcoin develops in the future, whether there will be more demand and trust from them will certainly be a bigger reference.

R


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July 29, 2021, 04:02:44 PM
 #31

I am bullish, I have been accumulating bitcoin for about 7 months already so it's only natural that I believe in the potential of my investment to go up and go on another bull run. Also, I even welcome if I am wrong with my belief because that can only mean that I can accumulate more and buy more bitcoin at such a low low price.
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July 29, 2021, 04:24:23 PM
 #32

Just like the others, stay optimistic we will see bullish until the end of the year.
There are no accurate predictions or even speculations about the market in the future, we only judge from the past market journey but we don't know any new surprises that can boost the market in a short time.

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July 29, 2021, 05:18:48 PM
 #33

This year despite everything that has happened through BTC, I am very optimistic, in fact I think that it can reach $ 100k, of course in the short term other types of analysis can be given, which for now are quite favorable:


Quote
The bulls pushed the price above $40,550 today but the wick on today’s candlestick suggests that bears have not yet surrendered. They will again try to stall the recovery in the overhead resistance zone at $41,330 to $42,451.67.
Source: https://cointelegraph.com/news/price-analysis-7-28-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

Seeing as the outlook for BTC is, at this time it is very optimistic in the short term, it is likely that it can continue to give bullish surprises. The market ranges between $ 39k and $ 40k, many blame that this growth in the price of BTC is due to Powell making a statement to undo some equity investments to boost the economy.


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July 29, 2021, 07:22:45 PM
 #34

I am bullish, I have been accumulating bitcoin for about 7 months already so it's only natural that I believe in the potential of my investment to go up and go on another bull run. Also, I even welcome if I am wrong with my belief because that can only mean that I can accumulate more and buy more bitcoin at such a low low price.
Both options are better, when bitcoin becomes bullish of course you are ready with BTC which has been collected for 7 months I think this will certainly be a very large number so the potential for being bullish is very convincing to many people.

But if it doesn't cross the support and reverses then you are ready to buy to add more BTC to your wallet, this is indeed a good idea in the worst case you can still buy because this is one of the goals where you are ready for everything including buying willingly low.

Vote many choose bullish

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July 29, 2021, 07:43:38 PM
 #35

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.
I am still bullish, I do not think we are going to see too much movement during this quarter but during the last one then we are going to see the recovery that we wanted and we are going to begin to see ATHs again, so we only need to be patient about this and wait for the market to begin its recovery, I know this can be really hard especially for the newbies that invested near the ATH but if they want to obtain profits then this is something that they must do.
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July 29, 2021, 08:03:57 PM
 #36

And before we reached the new ATH, 2021 was in all speculation marked as the year of the bulls - the main reason of course was halving 2020. When we add to that all the interest of institutional players that started in Q3 2020, for me no matter what, this year is extremely bullish.



Share your thoughts and what's your basis, it will help everyone to decide.

We can speculate, but no one should decide to invest in Bitcoin based on speculation - this year may end with a new ATH, but there are also chances that this will not happen. In addition, people change their minds given the current situation - if you had asked this question when the price was below $30k, I'm sure the answers in the poll would have been a little different.

This is my sentiment also, I am Bullish for sure and have been since the Halving
last year. The recent correction from $65k didnt change my outlook, it was to  be
expected. I have heard that there are some who think there wont even be a bear
market next year when it is expected like 2018.

R


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July 29, 2021, 08:17:10 PM
 #37

Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?
Actually this year is one of the most surprised year i have seen via a rapid acceleration of price in cryptocurrencies both alternative coins (altcoins=ATH) and bitcoin (BTC) so right now i believed that the depreciates of all crypto currencies is a temporary stuff, and it doesn't remain constant, and also like the increment does not remain constant too, the bullish that is repeating itself will also get to a normal point that will benefit people, from my own perspective should not panic based on the falling movement of crypto market.



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July 29, 2021, 08:21:24 PM
 #38

Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?
Actually this year is one of the most surprised year i have seen via a rapid acceleration of price in cryptocurrencies both alternative coins (altcoins=ATH) and bitcoin (BTC) so right now i believed that the depreciates of all crypto currencies is a temporary stuff, and it doesn't remain constant, and also like the increment does not remain constant too, the bullish that is repeating itself will also get to a normal point that will benefit people, from my own perspective should not panic based on the falling movement of crypto market.

Yeah and it did happen or started on last quarter of 2020 where it did make out some movement which everybody wasnt really expecting and it did boom out even more on 1st quarter of this
year which did really give out that impression that we have never had before on this market. REaching out 60k wasnt really included on the chart but bitcoin did really surprise everyone with that.
Asking out if we are bullish or bearish on this year? it is something which cant really be predicted but lets see on how far it would go.

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July 29, 2021, 09:42:20 PM
 #39

Many post here stated that the market is bullish this year and also with the poll results, but I am taking precautions to those who got it positively, because if this really going to happen we won't see bitcoin fall back after breaking $40k. That's why it made me realized bear market still made it more hard to break, then possibly this current state won't be easy for all of us. We're still prone to go towards the dip randomly this year if resistance will become stronger.

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July 29, 2021, 09:57:32 PM
 #40

Many post here stated that the market is bullish this year and also with the poll results, but I am taking precautions to those who got it positively, because if this really going to happen we won't see bitcoin fall back after breaking $40k. That's why it made me realized bear market still made it more hard to break, then possibly this current state won't be easy for all of us. We're still prone to go towards the dip randomly this year if resistance will become stronger.

This is why we need to take precautionary measure if somethings fall down and transfer our funds on any stable coins around and then do buy backs when market became stable and chart showing some greenish sign. Although its hard to predict the right timing but if we keep an eye on the market for sure we can spot a possible good entry point. Although we are still prone but least we are prepared on any possible scenario of market condition.

R


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