Bitcoin Bull market is back

[TravelMug]

Bitcoin is moving on to $48k now. If the price manages to break the $50k resistance, then we could come back to the days before the dump.

No guarantee that can happen when it crosses $50,000 because that standing there is a strong support that needs more tasting. You remember just one week ago it crossed and pushed to $52,000 but couldn't break even to see $55,000. I won't put all my plans on $50,000 for now, although there are possibility for an increase going pass the level.

The market doesn't look as such in the hype that we can see it moving fast. We are still moving like a roller coaster, up and down, and it found not strong support that could help it up going straight. Currently at $48, very close to $50k. But you are right, might the market hold that long it is either it pushes through going to $55k or it rolls back to $45k again.
Anyways, whether to pumps or not, the current price is still bullish for me. I will still be on hold and will buy more if there is a chance when price will drop.

As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

Of course, this is still bullish indication, but it is not that super fast rally we wanted it to be. Just slow rise which is good in the long run for us holders.

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[Kong Hey Pakboy]

Good thing that it's finally back, and it's a good thing that I have bought when it was around 28k and I was happy that bitcoin is going up because I am already guaranteed a profit but I don't have any plans selling right now because I am sure that we haven't reached the peak yet.

[poldanmig]

Good thing that it's finally back, and it's a good thing that I have bought when it was around 28k and I was happy that bitcoin is going up because I am already guaranteed a profit but I don't have any plans selling right now because I am sure that we haven't reached the peak yet.

Those who still believe in bitcoin will certainly benefit when they dare to buy bitcoin when the price is down, like you, I have also bought a few bitcoins when the price went down for some time and I also plan to keep it until the next halving day bitcoin  occurs and hopefully the next few months we can see the price of bitcoin again be able to break the record high price so far.
Holder Is The Winners

[7788bitcoin]

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As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

We cannot call this a huge crash just around 10% correction which was normal every week a few years back and now when we go through patches like that everyone panics  . It might take a few weeks to cross the $50k barrier but ultimately we will see the market breaching those with ease once the bulls are active. When the price first crosses $50k i thought there will be a barrier and we will have a correction but the price did not stopped their and kept on rallying which was surprising.
 

[Baofeng]

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As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

We cannot call this a huge crash just around 10% correction which was normal every week a few years back and now when we go through patches like that everyone panics  . It might take a few weeks to cross the $50k barrier but ultimately we will see the market breaching those with ease once the bulls are active. When the price first crosses $50k i thought there will be a barrier and we will have a correction but the price did not stopped their and kept on rallying which was surprising.

Bitcoin just crossed $48k again, so I guess we are really back into the bullish mode. I thought that September might be a pain to see, specially after that flash crash that we've seen recently. And hopefully this is the last crash that we are going to felt for this month and see the price breaching that $50k'ish somewhere next week or at least the end of this month. $52k is going to be good as well, but we will see how far can we go. History tells us that if bitcoin goes down hard, the price will bounce back more than the price it crash so hopefully more than $52k is on the horizon.

[jaberwock]

As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

Of course, this is still bullish indication, but it is not that super fast rally we wanted it to be. Just slow rise which is good in the long run for us holders.

It is obvious that we are in a bullish trend, however that bullish trend could always be broken by a correction and that s the problem. People assume that we go into bull and bear constantly, just because we went up it doesn't mean it is bull, just because we went down doesn't mean it's bear.

People need to realize that bull and bear could happen depending on context and not the direction. It was a bull run this time around because it moved from under 30k to over 50k in around a month or two, but the correction is not a bear run, it is a correction and difference is that it went down only a little and recovered very quickly. This is why I honestly believe that we should be trusting the bull run. Yet, it still doesn't mean that we can go to 50k+ and stay there easily.

[Yaunfitda]

As I have said previously, the market is very undecided. But it just reach $48k, which I don't think it's possible so my TA is invalidated. But still can hold true if we can't break that $50k big barrier again. Previously it took us several attempts to breach it and sustain it up to $52k before the crash happened.

Of course, this is still bullish indication, but it is not that super fast rally we wanted it to be. Just slow rise which is good in the long run for us holders.

It is obvious that we are in a bullish trend, however that bullish trend could always be broken by a correction and that s the problem. People assume that we go into bull and bear constantly, just because we went up it doesn't mean it is bull, just because we went down doesn't mean it's bear.

If people thinks that bull run is going to be parabolic, then they are wrong. There are no market in the financial world that can sustain that even bitcoin. So they have to change their mindset if they want to survived in this market.

People need to realize that bull and bear could happen depending on context and not the direction. It was a bull run this time around because it moved from under 30k to over 50k in around a month or two, but the correction is not a bear run, it is a correction and difference is that it went down only a little and recovered very quickly. This is why I honestly believe that we should be trusting the bull run. Yet, it still doesn't mean that we can go to 50k+ and stay there easily.

Yes, it can move in either direction, pushing and pulling each others (the bulls and bears). So it's going to be a long and hard grind to reach $50k at least for this month. It seems that the normal will still be in the middle. No break out run being sighted unless there is a big FOMO because of some good news.

[asrinur]

For now Bitcoin and the majority of crypto markets still look to have some hope of going higher. This can be seen from the Bitcoin price chart which shows selling pressure and buying pressure from large investors. For now, the bitcoin price movement is visible, which could be a sign that the bitcoin price could continue to rise and could even reach a new ATH later this year.

[Questat]

For now Bitcoin and the majority of crypto markets still look to have some hope of going higher. This can be seen from the Bitcoin price chart which shows selling pressure and buying pressure from large investors. For now, the bitcoin price movement is visible, which could be a sign that the bitcoin price could continue to rise and could even reach a new ATH later this year.

The market is still bullish, we saw some big dump, but bitcoin is still here, again, it bounces back and soon we will be touching $50k again. Seems like this year is going to be bullish for the entire market, and if that will happen, we can conclude that we have a bullish year, probably the best year, better than the year 2017.

[Kittygalore]

Good thing that it's finally back, and it's a good thing that I have bought when it was around 28k and I was happy that bitcoin is going up because I am already guaranteed a profit but I don't have any plans selling right now because I am sure that we haven't reached the peak yet.

Good for to be able to make some decent profit although I don't really like the idea of not taking profit right now even just a little to enjoy some of your profits but hey, to each and everyone I guess.

[Wawa2013]

For now Bitcoin and the majority of crypto markets still look to have some hope of going higher. This can be seen from the Bitcoin price chart which shows selling pressure and buying pressure from large investors. For now, the bitcoin price movement is visible, which could be a sign that the bitcoin price could continue to rise and could even reach a new ATH later this year.

The market is still bullish, we saw some big dump, but bitcoin is still here, again, it bounces back and soon we will be touching $50k again. Seems like this year is going to be bullish for the entire market, and if that will happen, we can conclude that we have a bullish year, probably the best year, better than the year 2017.

I admit this year was indeed the best year for Bitcoin, because this year Bitcoin managed to reach a price above $60k, which had not been achieved
in the previous year. Even though the year isn't over yet and there's still a few months left, I'm optimistic the Bitcoin price won't drop below $20k.
Because this year the support price of Bitcoin is very strong, and several times the price of Bitcoin corrected, but soon the price recovered. This means
that this year Bitcoin is really bullish, and very far from what happened in 2017. Because this year was the best year for Bitcoin, many people made
a profit this year, and I am quite satisfied with Bitcoin's performance this year.

[Tessnik]

September has been predicted to be a slow month for bitcoin, but then we saw how Bitcoin has constantly broken all the resistance levels and will make some remarkable moves before September ends, the full bull market may start around October till December 2021 this year has been the most exciting year in Bitcoin market as we witness a new all-time high around April where Bitcoin reached 64k before it dropped again so a lot is in the pipeline for this year.

[wiss19]

Many have predicted this month to be the slowest Bitcoin price movement before the November pick, with what happened In the entire market one is forced to align with that school of thought.

Bitcoin never been in any stable situation because we never know what happen in next movement this can go in any way so as one can give perfect prediction about this, personally I never believe on predictions about this bitcoin.

This bull can go for long time because now adoption is going on very quickly and blockchain technology is also improving very safely for better and transparent future of humanity. More and more countries are adopting this all, which is helping cryptocurrency and this community. But keep one thing in mind, it can go down any time as its most volatile marketplace.