sunsilk
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July 29, 2021, 09:57:39 PM |
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Still bullish, whether we see a huge drop from its ATH we don't have to think bearish as we've been far already within less than a year. The market have shown lately a bullish sign.
The end of the year is what we're waiting for and if most of the predictions that have been said that it shall have a good ending, it won't stop people to think about bitcoin being bullish.
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nurilham
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July 29, 2021, 09:57:46 PM |
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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?
It is clearly bullish. Although there is a huge dump currently, but most crypto coins already increased significantly in the last few months. Even some crypto coins reached their new ATH this year. We cannot suspect a bearish by considering the current downtrend in crypto prices only, please check again the price movement of all crypto coins since the first month of this year. After analyzing the price movement as a whole, I am sure you will realize that we are actually in the uptrend season this year.
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TravelMug
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July 29, 2021, 10:28:28 PM |
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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?
It is clearly bullish. Although there is a huge dump currently, but most crypto coins already increased significantly in the last few months. Even some crypto coins reached their new ATH this year. We cannot suspect a bearish by considering the current downtrend in crypto prices only, please check again the price movement of all crypto coins since the first month of this year. After analyzing the price movement as a whole, I am sure you will realize that we are actually in the uptrend season this year. I'm not seeing a huge dump, it's less that 1% but we have gain more than 20% in the last 7 days. Maybe the dump that you are seeing is from the last all time high of $64k to the current price, but it took months to see the downward spiral. And I will also say that we are still in the bullish despite that -50% plunge. We have reach the overbought zone when the price goes on a super fast rally. So it's the nature of bitcoin to make some correction and then goes up again up to the end of this year.
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pinggoki
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July 29, 2021, 10:45:23 PM |
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Huge potential in bitcoin going bullish this season especially with the current bounces that it has been receiving. The huge dump may have put a dent on bitcoin's value but it is literally impossible for bitcoin to not be able to recover. Just right now we are seeing the start of another possible bull run as bitcoin breaks out of the $30k barrier and is pushing for a $40k price recovery. We still have a few months left so there is a huge chance a bounce back or even better, another ATH may be achieved by the year end at December, or perhaps the early parts of 2022. Still bullish, whether we see a huge drop from its ATH we don't have to think bearish as we've been far already within less than a year. The market have shown lately a bullish sign.
The end of the year is what we're waiting for and if most of the predictions that have been said that it shall have a good ending, it won't stop people to think about bitcoin being bullish.
The fact that this year's run is the most active bitcoin has ever been ever since its entire run should be enough proof that the game is still not over, and we may still see a possible comeback or price skyrocket. Still, it is always better to do your own research but speculations like these are indeed helpful in formulating an action plan that will help you rake in profits.
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MartinsCoin
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July 29, 2021, 10:46:01 PM |
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I believe that by the end of the year it will reach $ 100k. Looking at the longer-term chart, you can see that this bearish move is very common. After the bearish move, it will increase and then decrease, accumulate and increase, reaching $ 100k in December of this year. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Sayeds56
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stead.builders
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July 30, 2021, 05:42:53 AM |
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I believe that by the end of the year it will reach $ 100k. Looking at the longer-term chart, you can see that this bearish move is very common. After the bearish move, it will increase and then decrease, accumulate and increase, reaching $ 100k in December of this year. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Good prediction, appreciate your optimism and I also hope that we will see 100K $ price before the year ends but currently it is moving in a very narrow channel and stuck between 39 to 40K and any breakout from here will determine the Trend of Bitcoin. Current weekly candle if closed green the we can predict further appreciation in BTC price in coming weeks and 44k will be important mile stone to achieve.
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Robinson66
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July 30, 2021, 05:59:08 AM |
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It must be a bullish investment. There are now many signs that Bitcoin will rise, because we all trust Bitcoin now, judging by what is happening now. Even if there are "rumors", it will not affect Bitcoin. Bitcoin is still developing slowly, so we must stick to our original aspirations and don't sell our Bitcoins because of market panic.
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Kiley33
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July 30, 2021, 06:30:17 AM |
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Sure enough, most people voted up. The previous decline in Bitcoin was due to China's ban on mining, which caused many people to give up Bitcoin because of panic. However El Salvador has also set Bitcoin as legal tender. This is also good news. Bitcoin has risen a lot because of Amazon, but many have clarified that it is a "rumor." But this news does not have much impact on Bitcoin. It can be seen that everyone already trusts Bitcoin, and it will be the key to the rise of Bitcoin price.
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Kong Hey Pakboy
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July 30, 2021, 06:37:32 AM |
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It must be a bullish investment. There are now many signs that Bitcoin will rise, because we all trust Bitcoin now, judging by what is happening now. Even if there are "rumors", it will not affect Bitcoin. Bitcoin is still developing slowly, so we must stick to our original aspirations and don't sell our Bitcoins because of market panic.
I agree that we shouldn't sell because of rumors that induce panics for some, I think that what we should do is to buy when the panic sets and the prices gets too low to the point that when the prices go back up, you will be able to make a really good profit out of it.
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Botnake (OP)
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July 30, 2021, 07:17:11 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.
I think i am on bullish this year, with some massive dump that currently happen, i think will be accumulation time for the big guys and they will do something to take profit with that. No technical analysis honestly, but sometimes it happens. That is why when we see price on peak or maybe already in high price for a long time, we should be ready for dumped price that can happen anytime so people can be prepared for that. The bullish movement has started already, from below $30k, bitcoin has pumped to above $40k though it's not consistent, however, I still believe it's a good sign for the market to be bullish as it's a big bounce back, but we also have to open the possibility of a scenario that it could only be a trap.
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Caldear
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July 30, 2021, 07:30:25 AM Merited by Symmetrick (1) |
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Many people agree that the market is bullish this year. Bitcoin prices have risen to more than $40,000 twice a week, so all signs indicate that we are still in a bullish phase this year. Many institutions now hold cryptocurrency assets, and Bitcoin occupies a major share, indicating that other cryptocurrencies such as Bitcoin are recognized by more and more institutions.
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sunsilk
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July 30, 2021, 08:34:21 AM |
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Still bullish, whether we see a huge drop from its ATH we don't have to think bearish as we've been far already within less than a year. The market have shown lately a bullish sign.
The end of the year is what we're waiting for and if most of the predictions that have been said that it shall have a good ending, it won't stop people to think about bitcoin being bullish.
The fact that this year's run is the most active bitcoin has ever been ever since its entire run should be enough proof that the game is still not over, and we may still see a possible comeback or price skyrocket. Still, it is always better to do your own research but speculations like these are indeed helpful in formulating an action plan that will help you rake in profits. Yep. It's still not over and there's a possibility that the last bull run that just ended may have an extension and will pursue and continue for the upcoming months as it showed that the recent increase made it significant that it's not yet ended. Speculations with valid reasoning really help you how to react on the market.
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Dhaniii
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July 30, 2021, 08:45:11 AM |
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I believe that by the end of the year it will reach $ 100k. Looking at the longer-term chart, you can see that this bearish move is very common. After the bearish move, it will increase and then decrease, accumulate and increase, reaching $ 100k in December of this year. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Good prediction, appreciate your optimism and I also hope that we will see 100K $ price before the year ends but currently it is moving in a very narrow channel and stuck between 39 to 40K and any breakout from here will determine the Trend of Bitcoin. Current weekly candle if closed green the we can predict further appreciation in BTC price in coming weeks and 44k will be important mile stone to achieve. I saw information about USDC requests from institutional borrowers and sentiment seems to be bullish after news of Amazon participating in Bitcoin. Others argue that Bitcoin's price rebound is a reaction to the good news coming from major tech and financial players from the US market. so from that bitcoin will always be seen on the green land, maybe more that's my guess.
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Ludmilla_rose1995
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July 30, 2021, 09:48:09 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.
I'm still getting bullish this year because I bought $20K Bitcoin last October. At that time the price of bitcoin was still $11K. Until now I still hold, and my target is the end of the year. maybe in December, I will sell some of it, because I feel after 2021 ends, there will be a long bearish. This is just my opinion
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michellee
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July 30, 2021, 01:33:04 PM |
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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.
I'm still getting bullish this year because I bought $20K Bitcoin last October. At that time the price of bitcoin was still $11K. Until now I still hold, and my target is the end of the year. maybe in December, I will sell some of it, because I feel after 2021 ends, there will be a long bearish. This is just my opinion Congratulations to you. You made a lot of money if you sell it now but I guess you will make more money when the bitcoin price can increase to $64k or even more. Yes, the long bearish somehow can happen anytime, so we should have decided when we should sell bitcoin and wait for the next dump because the drops will always happen. Hopefully, before the dump coming, we can sell it at the highest price and make a lot of money.
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Ludmilla_rose1995
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July 30, 2021, 02:55:58 PM |
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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.
I'm still getting bullish this year because I bought $20K Bitcoin last October. At that time the price of bitcoin was still $11K. Until now I still hold, and my target is the end of the year. maybe in December, I will sell some of it, because I feel after 2021 ends, there will be a long bearish. This is just my opinion Congratulations to you. You made a lot of money if you sell it now but I guess you will make more money when the bitcoin price can increase to $64k or even more. Yes, the long bearish somehow can happen anytime, so we should have decided when we should sell bitcoin and wait for the next dump because the drops will always happen. Hopefully, before the dump coming, we can sell it at the highest price and make a lot of money. Actually, last April was the right moment to sell, but I didn't sell it because I was hesitant. At that time I thought the price of bitcoin would continue to rise, but my guess was wrong. Bitcoin goes down to $30K. But I stayed calm and didn't panic, I holding what I had until now. Now that the price of bitcoin has been increasing slowly, I hope December will get a great surprise.
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Boov
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July 30, 2021, 03:06:31 PM |
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If I always rely with the poll results there's no doubt that we're in bullish, as many said it was really going to happen this year. However, we must also consider those factors that might hinder all positive things to come in reality. Bearish was still pulling down btc price with a weaker resistance, but we still don't lose our grip on this scenario because of unpredictability of the situation. Who knows everything would turn out in reverse situation which didn't coincide with the poll outcome.
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pooya87
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July 30, 2021, 03:21:16 PM |
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Polls like this are always very interesting if you look at them based on the time they come out. For example the same question if asked a week ago would have resulted in an entirely different results while it is all positively bullish now that price has started rising.
Of course if you ask me the trend has been bullish even when we had the drop 3 months ago.
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Slow death
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July 30, 2021, 04:03:27 PM |
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If I always rely with the poll results there's no doubt that we're in bullish, as many said it was really going to happen this year. the only thing that would make us have reason to worry right now would be if the price of bitcoin falls below $28000, while the price remains above $28000 there is no reason to be worried, but if the price stays above 44000$ then we can see $60,000 as the next target price Who knows everything would turn out in reverse situation which didn't coincide with the poll outcome. as I said, this would only happen if the price drops below $28000
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ivankoh
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July 30, 2021, 04:30:34 PM |
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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.
Technically, we're in for a slight dip since bitcoin's ATh. Because given the volatility and market dynamics created with exogenous factors from the protracted covid crisis. Therefore, I think the market is still expanding and going up slightly, more stable than before. This is a good thing because climbing on a galloping horse too fast can also be exhausting. Lol, we're at 39k right now, we expect a big breakout but it looks like slow rise will be better. Slow growth is an opportunity to accumulate for me. I like it.
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