Bitcoin the most Bullish crypto of the moment

[kryptqnick]

Bitcoin  is the best choice overall among cryptos because it's the safest one. It's also more bullish than most top altcoins. Sorry for not limiting the view to 2021, but I find it necessary to take into account what's happened before as well to make estimates about 2021.
Both Bitcoin and Ethereum roughly managed to establish a 3x new ATH in April, Cardano's new ATH was around 2x. Bitcoin and Ethereum actually seem to be doing very similarly this time because both are around 30% down from ATH, but Cardano is 40% down from a lower ATH. But then there's also Doge which, while currently 66% down from the ATH, also got an enormous improvement over its 2017, jumping from $0.01 to $0.7 in this time. We all know why Doge suddenly got so popular, but it's technically performing way better than Bitcoin and Ethereum if we look at the last 4 years. As for more recent events, Bitcoin is 5.5% up over 7 days, but Ethereum is 19.5% up. And, of course, there are some shitcoins that have performed way better over the last 7 days, such as Elrond (never heard of it) or Ravencoin (same).

[Slow death]

the most annoying thing is to see the price of altcoins in relation to bitcoin being dropping a lot everyday, for example from the LTC - BTC chart:



It's like a big storm hit the price of altcoins versus bitcoin, the scenario is pretty bad. I particularly assume that altcoins will recover when the bitcoin price is stable for a few days until day trading with altcoins is dangerous. It's tiring

[sheenshane]

This proved that Bitcoin is the most profitable crypto coin in the entire cryptocurrency and probably holders are now switching their portfolio into Bitcoin investment instead of altcoins.  At this short period of time, we witnessed that only Bitcoin has the potential of making a profit and less risk among other altcoins.

As commonly we see, altcoins will follow the trend of Bitcoin but now it's quite different, altcoins seem to have a downtrend position while Bitcoin remained in the $40k price range.  But I suggest you not look at the market price every hour, day, week or month.  Bitcoin is good for long-term investment and it could be doubled the price of your capital.

Seeing the situation of the market like this and you're being paranoid checking it always might be a cause of panic selling.  Just hold and aim a better profit on it.

[ven7net]

Code:

price $45,019

If you have study, the entire market in the past few weeks you will discover the cryptocurrency market is a system, and this system works together in terms of market value, but at some point, some cryptocurrencies perform more than others e.g. Bitcoin which is the dominant cryptocurrency. Bitcoin at the moment is in another bullish position while other altcoins, except a few, are in a downtrend mode this leads me to the conclusion that Bitcoin is the most Bullish crypto at the moment.

free to add your opinion on this, but the view should be limited to 2021 alone.

Indeed, Bitcoin, so that they do not talk about it, is currently considered the most bullish cryptocurrency in the crypto market, which, if you bought BTC at the very beginning, made you a rich man right now. This means that BTC would have already brought not really big growth and its holders would have received huge profits. If you are an investor and would like to invest in cryptocurrency, then the first cryptocurrency in your investment portfolio must be BTC. Who knows what the future holds for BTC, when it is already showing excellent results.

[alpamar99]

Bitcoin is the king. If you analysis, only bitcoin is must bullish for last 10 days while rest of the altcoins are not moving at the pace at which bitcoin is pumping.
Ethereum is the other one which is pumping because of its hard fork news.

if you look at the caste it is very reasonable because bitcoin is indeed the core of this and altcoins are precisely still following the positive trend of bitcoin at this time. and it's true that erh is one of the mainstays that deserves to be discussed because of the effects of the hard fork that still dominates the news today and consciously or not, this can be a fulcrum for eth to be able to rise and start a new era for eth to survive even more because with the existence of This hard fork is more or less attracting eth lovers and investors to re-invest here

[Alphabit]

Bitcoin at the moment is in another bullish position while other altcoins, except a few, are in a downtrend mode this leads me to the conclusion that Bitcoin is the most Bullish crypto at the moment

Bitcoin is the leader of crypto market and altcoin seasons always are triggered by Bitcoin.

In bull market, altcoins will give you highest profit. Obviously, you can get it only if you choose good altcoins and hold them. Altcoins are easily to have 10x, 20x growth in bull market.

However, in the long run, Bitcoin is the safest asset for you to invest & the most profitable crypto asset for you as well.

Check with

• Altcoin season index (see the chart for top performance over the last year, 90 days, 30 days)
• Filter altcoins via their performance with https://www.blockchaincenter.net/ (choose column for your filter)
• Use Messari.io's screener: https://messari.io/screener

Agree on your logics. Very impressive bounce back from the Musk unwanted interception. From the dip of 29k to 43k a 51% gain between that period. I am confident it will go over the 50k mark again. Additionally thanks for the resources links "tranthidung" very useful.

[ChrisPop]

We all know that Bitcoin is considered the symbol of cryptocurrencies and that's a positive thing. It has been the first cryptocurrency that reached a decent adoption rate. It has also stood the test of time and proved itself to be the most secure decentralized network in the world. It is only logical that most funds injected into the crypto market are poured into it.

Ethereum is also keeping the pace, but again it is not the "king" as the community calls BTC.

[TelolettOm]

Yes, I did not deny that Bitcoin had experienced a significant increase in several days. And this might be the beginning of the bullish bitcoin era again.
However, isn't it many more bullish and pump altcoins up to thousands of percent? Indeed their value is not as high as Bitcoin but they still experience a very high pump

[Ayiranorea]

The market has moved on the bullish path in an unexpected event where there is big expectation with ethereum. There is some form of mutual growth with bitcoin and ethereum. There were more other cryptocurrencies that have shown much higher percentage of growth during the same time period, but those weren't into discussion. This is all because of the trust not bitcoin and ethereum have gained over its long days of travel in the cryptospace.

[Fundamentals Of]

Bitcoin is the most bullish crypto both at the moment and the following years and decades. Bitcoin is the first cryptocurrency and the one and only truly decentralized cryptocurrency. So there is no question of Bitcoin's bullish outlook. Moreover, Bitcoin makes the argument of cryptocurrency's relevance in the current financial system which is more of a failed experiment. But Bitcoin's adoption is clearly ahead of the rest of other cryptocurrencies.

[Elsaveronicha]

Actually it's not 100% true. If we look at coinmamrketcap we will see the top gainer of all coins and a lot of coins that are rising higher than bitcoin. I think if bitcoin can stay at the current price then altcoins will be bullish again.

[jinneas]

Bitcoin has driven the development of blockchain, is the most widely agreed digital cryptocurrency, and has formed a recognized value credit. Bitcoin is the most valuable digital cryptocurrency in the cryptocurrency market and the best choice among cryptocurrencies. Bitcoin has been showing an overall growth trend from its appearance to the present time, while other currencies only appeared after the development of Bitcoin. Bitcoin also follows the general trend of economic globalization and is presented to the world. Its value is much better than all other coins and altcoins.
As the king of cryptocurrency, Bitcoin has passed the test of all time. Some institutions and large companies have also begun to use Bitcoin. People's demand for it has gradually increased, and its value will have more room for growth in the future.

[slaman29]

Bitcoin is the king. If you analysis, only bitcoin is must bullish for last 10 days while rest of the altcoins are not moving at the pace at which bitcoin is pumping.
Ethereum is the other one which is pumping because of its hard fork news.

First and only, Always was, is and always will be:)

It's actually ETH that's hugely more bullish than Bitcoin in the past 10 days, though, and I think some other alts have been making crazy moves too, but all that's precisely because Bitcoin is making the foundations for them. See even the sudden crash yesterday, reflected in ETH and all other cryptos.

[isaac_clarke22]

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It has been bullish all this time along, OP.  In smaller picture, it would look like that it is bearish just because it went from 60k+ down to 30k+.
Back then, 20k was the most discussed price to be the possible ATH of Bitcoin, but look at it right now on where it led to. Even at around 25k+, I would still consider it bullish.

[Shasha80]

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It has been bullish all this time along, OP.  In smaller picture, it would look like that it is bearish just because it went from 60k+ down to 30k+.
Back then, 20k was the most discussed price to be the possible ATH of Bitcoin, but look at it right now on where it led to. Even at around 25k+, I would still consider it bullish.

I agree a lot of people only see Bitcoin making it to ATH above $60k, then as it finally drops to $30k, they think Bitcoin is no longer in a bullish trend.
In fact, if we research the movement of Bitcoin from the beginning to enter the market, which is what a lot of people wanted $20k after the 2017
bull run and after that the Bitcoin price fell quite a bit. This means that as long as Bitcoin is still above $20k, I still think Bitcoin is still in a bullish trend.
Moreover, for the past few days Bitcoin has always been above $40k, this is a very good sign, should be in the near future Bitcoin will return to
the ATH price.

[Robinson66]

Bitcoin has certainly been trending up lately.
Bitcoin is the safest compared to altcoins, and it's suitable for beginners. What matters is that we believe in Bitcoin.
Because more and more people are paying attention to bitcoin and using it. Increasing the use of bitcoin and increasing its value. Bitcoin will be worth more and more in the future.
If there were no bitcoin, there would be no shanzhai. Bitcoin is the king of cryptocurrencies.

[imstillthebest]

its been known that crypto works together but this unity was broke lately and no not because bitcoin have solo rise but it was the etherium that im watching growing alone and i think btc followed because of this while others are unfortunate to be left out on this ride . while of course when it comes to being dominant in overall statistics nothing will beat bitcoin on that and eth can continue  remain in the secondary spot .

[Marvelman]

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It has been bullish all this time along, OP.  In smaller picture, it would look like that it is bearish just because it went from 60k+ down to 30k+.
Back then, 20k was the most discussed price to be the possible ATH of Bitcoin, but look at it right now on where it led to. Even at around 25k+, I would still consider it bullish.

Yeah. A few major pump and dumps have pushed the price back up to 45k, but we still don't see the type of frenzy we saw when the price topped out at 64k just four months ago.
The next potential catalyst to a breakout is a slight change in sentiment in the markets. The average trader has this "lock and load" mentality. Most are not afraid to buy all the way up to their maximum limit.

[perfect999]

Bitcoin at the moment is in another bullish position while other altcoins, except a few, are in a downtrend mode this leads me to the conclusion that Bitcoin is the most Bullish crypto at the moment.

free to add your opinion on this, but the view should be limited to 2021 alone.

Most of the times bitcoin is doing well more than the altcoins there is in the market. As for this month (or week, depending on what you’re looking at), there are also other coins that performed really well and their value have increased much.

It is just like Elrond, the token had around 29% increase for the month, and it also increased today on the daily chart. And as for Ethereum, if you check the chart based on monthly, Ethereum has had more increase than Bitcoin with over 40% increase. Bitcoin did around 30%. The only place that bitcoin has been beating them today is on the daily chart, it has mostly been on the green today.

[TribalBob]

bitcoin is the most bullish coin of the year where at the beginning of the year it reached 64k$ and dropped to 30k$ and rose again to 45k$ at this time, maybe some people are selling bitcoin at this time, I  personally selling my BTC