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Author Topic: The bull market in the currency market is about to start  (Read 322 times)
ARTURVH (OP)
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August 10, 2021, 03:20:32 AM
 #1

We judge an industry has prospects from three perspectives usually.
Firstly, whether there is a favorable macro-rising policy.
The bull market in the cryptocurrency market in 2020 has benefited from the quantitative easing of the United States, the continued spread of the epidemic, and the United States has a relatively large trade deficit with China. It is possible that the probability of raising interest rates by 2023.
U.S. Senate to vote on passage of $1 trillion infrastructure bill on August 9 2021.
https://www.reuters.com/world/us/us-senate-inches-toward-passing-1-trillion-infrastructure-bill-2021-08-09/
Secondly  What are the development prospects of the industry and what social problems the industry can solve?
Bitcoin was born to solve the inflation problem of the dollar, and many holders are to preserve its value. Nowdays many countries are introducing various regulatory policies, not for prohibition. Many large listed companies are deploying blockchain digital currencies one after another, and the industry has a bright future.
 The third aspect, what is the economic cycle of the industry, and what is the leading benchmark of the industry now?
We can refer the development history of Bitcoin. After the upgrade of Ethereum, there is a deflation mechanism. In the future, even the overall market value of Ethereum will surpass Bitcoin.
Fidelity Investments try to Bring Crypto Assets Mainstream.
https://news.bitcoin.com/fidelity-investments-regulators-crypto-assets-mainstream/
Brazil launched a brand new Bitcoin ETF.
https://ambcrypto.com/brazil-launches-a-brand-new-bitcoin-etf-but-with-a-green-twist/
Today's cryptocurrency market is a global market, and a collapse is impossible! I believe that the bull market in the currency market is about to start.

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August 10, 2021, 05:12:10 AM
 #2

We judge an industry has prospects from three perspectives usually.
Firstly, whether there is a favorable macro-rising policy.
The bull market in the cryptocurrency market in 2020 has benefited from the quantitative easing of the United States, the continued spread of the epidemic, and the United States has a relatively large trade deficit with China. It is possible that the probability of raising interest rates by 2023.
U.S. Senate to vote on passage of $1 trillion infrastructure bill on August 9 2021.
https://www.reuters.com/world/us/us-senate-inches-toward-passing-1-trillion-infrastructure-bill-2021-08-09/
Secondly  What are the development prospects of the industry and what social problems the industry can solve?
Bitcoin was born to solve the inflation problem of the dollar, and many holders are to preserve its value. Nowdays many countries are introducing various regulatory policies, not for prohibition. Many large listed companies are deploying blockchain digital currencies one after another, and the industry has a bright future.
 The third aspect, what is the economic cycle of the industry, and what is the leading benchmark of the industry now?
We can refer the development history of Bitcoin. After the upgrade of Ethereum, there is a deflation mechanism. In the future, even the overall market value of Ethereum will surpass Bitcoin.
Fidelity Investments try to Bring Crypto Assets Mainstream.
https://news.bitcoin.com/fidelity-investments-regulators-crypto-assets-mainstream/
Brazil launched a brand new Bitcoin ETF.
https://ambcrypto.com/brazil-launches-a-brand-new-bitcoin-etf-but-with-a-green-twist/
Today's cryptocurrency market is a global market, and a collapse is impossible! I believe that the bull market in the currency market is about to start.
TLDR, just stake cryptos like ETH and NEAR and start selling when we hit a new ATH.
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August 10, 2021, 05:19:05 AM
 #3

^I like how this guy is straight to the point



So basically, you are saying that since the government is printing more money that the only solution for that problem to go away is to go to cryptocurrencies, right? We are all headed in that direction means there's no more room to go but up, and if no one offers another alternative to this problem, then it's going to be all in for crypto. It's going to be one hell of a ride this 2021, for sure.

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August 10, 2021, 06:03:21 AM
 #4

I am not sure if we will see one more bull run this year. But I totally agree with you that the crypto market is unlikely to collapse presently. It has become an integral part of our modern economy. Companies start using it as the means of payment, many big banks start offering crypto services. It shows us that people really believe in the bright future of this market.

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August 10, 2021, 06:06:36 AM
 #5

I am not sure if we will see one more bull run this year. But I totally agree with you that the crypto market is unlikely to collapse presently. It has become an integral part of our modern economy. Companies start using it as the means of payment, many big banks start offering crypto services. It shows us that people really believe in the bright future of this market.

I've been reading some traders publishing their analysis as well watching youtube videos about their prediction it shows that the market will be crashing soon, but I'm not sure when but based on what they are saying and analysis you will know that they have a point. Let's see what will happen at the end of this month.

.
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August 10, 2021, 06:09:00 AM
 #6

The bull run in many altcoins has already started,just take RVN as an example,it got like 60% increase from yesterday up to now.Ethereum after the London Hard fork is slowly getting back to really good prices and most of other coins are experiencing the same.We are just in August which has been usually a month where we have not seen very often a bull run from what I remember so chances are good the last months of the year will be very much in green for anyone of us mining or hodling these coins.

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August 11, 2021, 04:26:23 AM
 #7

Hopefully, the bill in the US could halt the start of this but another bull run will begin before the end of the year or maybe the beginning of 2022 at the latest. I personally don’t care thought, I have all of my coins staked and have invested into projects that are here to stay. Although governments like the US want to see the downfall of crypto, it won’t happen. The cats already out of the bag and to many people have already seen how amazing crypto is. This is why my investments are 5-10 year investments. My money is in projects that I believe will be here to stay when mass adoption happens because it will. An example of a project like this is NEAR. NEAR is fast, cheap, carbon neutral, and scalable. NEAR is also revolutionizing many things including finance, the fight against climate change, Web 3.0 and more. Another great thing about NEAR is it’s everybody wins mentality and this is why I think crypto is the future because normal everyday people are sick of losing. 
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August 11, 2021, 04:46:48 AM
 #8

-snip-

Lots of positive information, I've seen some good information from every country and I hope it doesn't become a discourse, but it can be proven by good actions and good regulations like El-Savador has done.
Bitcoin ETFs determine the acceptance of Bitcoin in the stock market and if it is approved, many countries will compete to own Bitcoin

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August 11, 2021, 07:02:47 AM
 #9

I was expecting a bear market as i thought that big bulls return usually after three years and that is why i kept my funds in usdt and missed a big wave of bull run. I have just entered in at 45k while i had the chance at 33k
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August 11, 2021, 07:13:05 AM
 #10

I was expecting a bear market as i thought that big bulls return usually after three years and that is why i kept my funds in usdt and missed a big wave of bull run. I have just entered in at 45k while i had the chance at 33k
In this bull market, changes will not last long and will soon experience another correction. It's been a week that Bitcoin and altcoins have increased in price and this is natural.
For an annual cycle like you said, it will happen sometime after the next Bitcoin halving occurs. At that time, it will be known as the true altseason.
Don't be careless to keep researching coins and tokens that have great potential.

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August 11, 2021, 07:20:44 AM
 #11

While being bullish means you are idealistic that costs will go higher from where they presently are, being negative is the inverse: you figure costs will exchange lower from where they right now are.

Bullish brokers will hope to take long positions. Negative dealers are hoping to take short positions where they will benefit if the market goes down from its present cost.
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August 11, 2021, 07:40:39 AM
 #12

I was expecting a bear market as i thought that big bulls return usually after three years and that is why i kept my funds in usdt and missed a big wave of bull run. I have just entered in at 45k while i had the chance at 33k
You will have another chance to buy bitcoin at a low price but not now because we see a bitcoin price increase to $45k and already touch $46k.
There is a chance that the bitcoin price will continue to increase and break $50k soon, but there will be many corrections.
When the price is down or make a correction, it is your time to buy back bitcoin, but it seems difficult to see the price drop to $33k or the other lower price.
Maybe you can use every lower price that will happen later so you can accumulate more bitcoin and hold it for a while.
But the bear market will come again in the future after this bull run ends.

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August 11, 2021, 08:09:10 AM
 #13

We judge an industry has prospects from three perspectives usually.
Firstly, whether there is a favorable macro-rising policy.
The bull market in the cryptocurrency market in 2020 has benefited from the quantitative easing of the United States, the continued spread of the epidemic, and the United States has a relatively large trade deficit with China. It is possible that the probability of raising interest rates by 2023.
U.S. Senate to vote on passage of $1 trillion infrastructure bill on August 9 2021.
https://www.reuters.com/world/us/us-senate-inches-toward-passing-1-trillion-infrastructure-bill-2021-08-09/
Secondly  What are the development prospects of the industry and what social problems the industry can solve?
Bitcoin was born to solve the inflation problem of the dollar, and many holders are to preserve its value. Nowdays many countries are introducing various regulatory policies, not for prohibition. Many large listed companies are deploying blockchain digital currencies one after another, and the industry has a bright future.
 The third aspect, what is the economic cycle of the industry, and what is the leading benchmark of the industry now?
We can refer the development history of Bitcoin. After the upgrade of Ethereum, there is a deflation mechanism. In the future, even the overall market value of Ethereum will surpass Bitcoin.
Fidelity Investments try to Bring Crypto Assets Mainstream.
https://news.bitcoin.com/fidelity-investments-regulators-crypto-assets-mainstream/
Brazil launched a brand new Bitcoin ETF.
https://ambcrypto.com/brazil-launches-a-brand-new-bitcoin-etf-but-with-a-green-twist/
Today's cryptocurrency market is a global market, and a collapse is impossible! I believe that the bull market in the currency market is about to start.

Macro policy is very dependent on the results obtained at this time, the current deficit in the US is very decisive for the survival of the crypto world, considering the birth of bitcoin is a solution to the trade, economic and social deficit itself.

Moreover, social value is very influential with the current economic improvement, this cannot be separated from the birth of bitcoin to solve some of these social problems, the economy greatly determines the investment sector today.

If the economic problem is not stable, then bitcoin is the best solution for now, as well as ethereum both have the same function, only the way it works is different, but in general both have similarities in the relationship in crypto itself.
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August 11, 2021, 01:04:16 PM
 #14

I was expecting a bear market as i thought that big bulls return usually after three years and that is why i kept my funds in usdt and missed a big wave of bull run. I have just entered in at 45k while i had the chance at 33k
It seems like that your prediction was totally wrong. The market will be going even higher than this time. So many people have been missing their opportunity to buy that on the cheap price caused by the fake prediction that already created by what they called them as expert trader in the crypto.
I see that someone was also creating a thread and he was saying that bitcoin will be going to the another all time low but it's not happening right now.

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August 11, 2021, 01:38:53 PM
 #15

Don't be deceived this could be the last bullish trend we will see before the bear market, my advice is sell when a new ATH happens cos what will come next will be 'not so good' just exactly like what happend in December 2017 to February 2018, that rings a bell?

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August 11, 2021, 01:45:41 PM
 #16

Don't be deceived this could be the last bullish trend we will see before the bear market, my advice is sell when a new ATH happens cos what will come next will be 'not so good' just exactly like what happend in December 2017 to February 2018, that rings a bell?

This is so different on 2017 bullrun. That time, there's no institutional investor playing a major role on crypto market and also SEC is completely in treat crypto as gray area since there's no define regulation but right now, Many giant company, VC and we'll known rich people are already involved that's why the marketcap grows exponentially. There's no way that there will be a massive sell-off just like 2018 unless institutional investor want to lose money on there own game. They will keep pushing the price and take profit slowly then repeat the process.

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August 12, 2021, 02:50:42 AM
 #17

This month brings new hope for us to wait for a good thing that will happen to the crypto market. Bitcoin gets bullish trend again and can defend the price at $45k and have a chance to increase to $50k soon. Hopefully, from this month until the end of this year, the price can get better and back to $64k or make a new ATH. This current situation gives the opportunity for an altcoin to increase and we already see that many altcoins take a position to lift the price. But whether if the price can still increase or go back to the lower price, we should know what we need to do and take profit if we think that the trend will change later so we are not late to profit.

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August 12, 2021, 05:51:14 AM
 #18

Don't be deceived this could be the last bullish trend we will see before the bear market,
It's only your prediction and so many experts were creating the wrong prediction like your prediction. There are bunch predictions if the price of bitcoin will not even break 40k again but this time it's not happening otherwise the reversal trend was making those experts traders must be ashame with their prediction.
Bitcoin will never go to the bottom again. The hashrate is starting increase and it will be going to the moon.

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August 13, 2021, 02:46:24 AM
 #19

You are trying to make positive news here but a lot of this news is not related but rather an attempt by the whales to lure more people by convincing them that the market will keep going up which is something that happens as the price goes up and you will see a lot of negative news if the price goes down.

The bull market comes when many people think that the price will not rise again and that you will lose your money if you buy then it is the best opportunity to buy.
Yes, these news come from different sources, but the combination is a very obvious bull market trend. There will be hype in any market. In the long run, Bitcoin's bull market is on the way.

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August 13, 2021, 03:04:09 AM
 #20

Waiting From so many times for this bull run, now its feeling good to see market good and i think soon in nov and dec market will jump btc will sudden jump to 70k$ and market will start bullrun. this news come from many sources, btc will now bull in long run which is already started

Reaching new all time high after market crash is hard, just like the previous one, we need about 4 years to build people trust and forget it's before crash. So i think it won't reach $70k but i'm sure it will stable and create new support at $50k. Just watch on alts maybe some alts will create new all time high
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