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Author Topic: Bitcoin Bull market is back  (Read 472 times)
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September 13, 2021, 07:11:51 PM
 #61

We can all free to predict, but the truth is we don't know when exactly the bull run again. I think whale is working that is why the price is now a little bit down and we need to hold, don't let the whale get your precious btc in a low price. Because if you do sell this time whale will get your btc and they will surely earn from your mistake.
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September 14, 2021, 03:11:31 PM
 #62

when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases.

At least we are just above the average of $43k. However, we might see the price going on that sideway pattern again, not unless there is a positive news. It's ok though if new investors doesn't have a patience, they will outgrow it. Better learn it from experience so that next time they are not going to panic. And if everyone is here for the long term, the price is still cheap because we might see it going to 6 digits when the bulls started to make a run, a super fast rally up to the end of 2021.

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September 14, 2021, 03:21:10 PM
 #63

when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases.

At least we are just above the average of $43k. However, we might see the price going on that sideway pattern again, not unless there is a positive news. It's ok though if new investors doesn't have a patience, they will outgrow it. Better learn it from experience so that next time they are not going to panic. And if everyone is here for the long term, the price is still cheap because we might see it going to 6 digits when the bulls started to make a run, a super fast rally up to the end of 2021.
The market is look like moving fast it is high volatile now .However we are now around 45k$ .Still we are recovering where we were .The investor always take patience that's why they can make huge profit .You were saying about new trader they actually can't do much to make an error to the market .We are at Q4 and the market is still on a good situation and hopefully we will see a strong uptrend before the year end .

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September 14, 2021, 10:08:32 PM
 #64

when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases.

At least we are just above the average of $43k. However, we might see the price going on that sideway pattern again, not unless there is a positive news. It's ok though if new investors doesn't have a patience, they will outgrow it. Better learn it from experience so that next time they are not going to panic. And if everyone is here for the long term, the price is still cheap because we might see it going to 6 digits when the bulls started to make a run, a super fast rally up to the end of 2021.
The market is look like moving fast it is high volatile now .However we are now around 45k$ .Still we are recovering where we were .The investor always take patience that's why they can make huge profit .You were saying about new trader they actually can't do much to make an error to the market .We are at Q4 and the market is still on a good situation and hopefully we will see a strong uptrend before the year end .

It's quickly recovering and the people who see the market quickly rises are the ones who recently sold their coins. It's really soo manipulated as I see it. Buying back at a higher price is the option for some although the value will be preserved, you lose BTC.

Despite the news media today spreading the word about BTC, the money coming into BTC isn't quick. September I think is bull month, there are just selective coins that will pump but some are not.


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September 14, 2021, 11:20:49 PM
Last edit: June 12, 2023, 12:48:14 AM by STT
 #65

Im not sure why 43k should be a low especially maybe it was just that blip yesterday that triggered enough shorts to close or something.    Every short is in effect a future buy waiting to occur but Im not aware if short selling was excessive at that time or not.   The price action has been trending above the 12hr average the whole of today and we passed quite easily through the 2 day and weekly averages also which is surprisingly easy return back to bullish momentum.   47k is the next Fib level above 43k that we saw below us just yesterday, look for a confirmation above that on a 4hr bar as strength showing.

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September 15, 2021, 02:06:16 AM
Last edit: October 19, 2023, 04:00:19 AM by TravelMug
 #66

Im not sure why 43k should be a low especially maybe it was just that blip yesterday that triggered enough shorts to close or something.    Every short is in effect a future buy waiting to occur but Im not aware if short selling was excessive at that time or not.   The price action has been trending above the 12hr average the whole of today and we passed quite easily through the 2 day and weekly averages also which is surprisingly easy return back to bullish momentum.   47k is the next Fib level above 43k that we saw below us just yesterday, look for a confirmation above that on a 4hr bar as strength showing.

$47k has been breached just right now. So we might be showing some strength or we are still in the middle of everything ($43k-$47k).

So I wouldn't say that we are in the bullish momentum, again, a sideway pattern is still possible and it's hard to see $50k being breach this month. So we are sort of or the market currently is undecided so there could be no break out run yet.

R


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September 15, 2021, 02:58:05 AM
 #67

when the cryptocurrency market had a bull run a few weeks ago, investors were very excited and optimistic about the bitcoin price going to hit $100,000. Unfortunately, since the beginning of september, the market has been in a downturn and is down almost 18%. This correction saw many newcomers in the cryptocurrency space lose most of their initial investment, although anyone investing before 2021 is still in profit territory.
The bull will be on its way to come to the crypto market but before we see the bull run, we need to face the bear run comes now. Bitcoin price is still going up and down from $45k-$46k so it could be like that. The new people who invest in bitcoin need patience because this bear run can stay on the market longer than predicted. But this time, those people will have their discount time to buy bitcoin at the current price to expect to make a profit later when the price increases.

At least we are just above the average of $43k. However, we might see the price going on that sideway pattern again, not unless there is a positive news. It's ok though if new investors doesn't have a patience, they will outgrow it. Better learn it from experience so that next time they are not going to panic. And if everyone is here for the long term, the price is still cheap because we might see it going to 6 digits when the bulls started to make a run, a super fast rally up to the end of 2021.
The market is look like moving fast it is high volatile now .However we are now around 45k$ .Still we are recovering where we were .The investor always take patience that's why they can make huge profit .You were saying about new trader they actually can't do much to make an error to the market .We are at Q4 and the market is still on a good situation and hopefully we will see a strong uptrend before the year end .

It's quickly recovering and the people who see the market quickly rises are the ones who recently sold their coins. It's really soo manipulated as I see it. Buying back at a higher price is the option for some although the value will be preserved, you lose BTC.

Despite the news media today spreading the word about BTC, the money coming into BTC isn't quick. September I think is bull month, there are just selective coins that will pump but some are not.

Sorry but where is the quick recovering here? https://coinmarketcap.com/ Bitcoin still in struggle to stand up to 50k and even if this may the status always falling days after so i guess we will take long before that called recovering.
remember that we are having a record of 64k this year and that is too high to look at recovering .
We can all free to predict, but the truth is we don't know when exactly the bull run again.
all is free to predict but we must learn that someone is looking to our posts and so make it reasonable and valuable .









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September 15, 2021, 06:32:49 AM
 #68

Sorry but where is the quick recovering here? https://coinmarketcap.com/ Bitcoin still in struggle to stand up to 50k and even if this may the status always falling days after so i guess we will take long before that called recovering.
remember that we are having a record of 64k this year and that is too high to look at recovering .
You're looking at it the wrong way though, we went to the bottom of 29k a few months back (around 3 I think?) and that's what we recovered from. Heck, even the sudden dump a few days ago where it sharply dropped is slowly being recovered now. You can't really compare a recovery to a peak value. I'd reckon $50k is a wall that Bitcoin would take time to breach into, it'd probably take a few weeks before it even does since again, it is still recovering from the sudden dump last time plus consolidating its position. It'd take time, but I don't think it would be that big of a struggle.

R


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September 15, 2021, 07:40:22 AM
 #69

I think that the bull market was never back when you said so. Because I thought that it was nothing more than a good rally and it turned out to be I was right. Because not much time after this rally started, it suddenly ended and Bitcoin price went down by 10k dollars. Now, I'm hoping to see the price get back over $50k soon. And a bull market should come before the end of the year.

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September 15, 2021, 10:50:24 AM
 #70

Sorry but where is the quick recovering here? https://coinmarketcap.com/ Bitcoin still in struggle to stand up to 50k and even if this may the status always falling days after so i guess we will take long before that called recovering.
remember that we are having a record of 64k this year and that is too high to look at recovering .
You're looking at it the wrong way though, we went to the bottom of 29k a few months back (around 3 I think?) and that's what we recovered from. Heck, even the sudden dump a few days ago where it sharply dropped is slowly being recovered now. You can't really compare a recovery to a peak value. I'd reckon $50k is a wall that Bitcoin would take time to breach into, it'd probably take a few weeks before it even does since again.

Well if we see something good to be happen for sure it will bounce back at $50k usd again but actually after the dump happen last few days for sure we will struggle to reach that numbers again at this month, maybe in next following month we can see the test to reach that price again knowing that many people are hoping to see another ATH price to be happen year by year and since the adoption is good for this year then provably good things will happen this year.

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September 15, 2021, 11:35:56 AM
 #71

As many predicted, the month of September to be a stable month for bitcoin price, but the early hours of this week have shown a lot of bull signals which show the full return of the bitcoin bull market.

What do you think?
actually market always showing a bull signal because it's part of the trend when market were making a correction before going to the next level, indeed since the market turn into bearish ethereum and bitcoin showing uptrend but it didn't stay for a a while and always suddenly change direction.. So as of now we cannot tell if the bull is back at the market, and to be honest previously we cannot say it was a bull run as well because obviously ADA is the main reason behind of the good performance of bitcoin , wherein holder immediately sell back to bitcoin and ethereum because after the fork, ADA is going dip instead of making good progress.. So it's not surprising bitcoin and ethereum showing uptrend in the market, because ada holders coverted into bitcoin and ethereum when they saw there's a problem with the project.
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September 15, 2021, 11:54:06 AM
 #72

Sorry but where is the quick recovering here? https://coinmarketcap.com/ Bitcoin still in struggle to stand up to 50k and even if this may the status always falling days after so i guess we will take long before that called recovering.
remember that we are having a record of 64k this year and that is too high to look at recovering .
You're looking at it the wrong way though, we went to the bottom of 29k a few months back (around 3 I think?) and that's what we recovered from. Heck, even the sudden dump a few days ago where it sharply dropped is slowly being recovered now. You can't really compare a recovery to a peak value. I'd reckon $50k is a wall that Bitcoin would take time to breach into, it'd probably take a few weeks before it even does since again.

Well if we see something good to be happen for sure it will bounce back at $50k usd again but actually after the dump happen last few days for sure we will struggle to reach that numbers again at this month, maybe in next following month we can see the test to reach that price again knowing that many people are hoping to see another ATH price to be happen year by year and since the adoption is good for this year then provably good things will happen this year.

Crypto Market looks very uncertain, the volume is not that high, although we have move back to $47k again in the last 4 hours timeframe. But getting into $50k and even $52k (the last price we have before the flash crash), might be a bit difficult, because as I have said, indicators are not looking good. The good thing is that we are just in September, so a lot of things can happen and the possibility to hit another all time high at the end of the year is very high.

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September 15, 2021, 12:47:51 PM
 #73

There are many opinions about whether Bitcoin still in bullish now or is this just a big bull trap.
Some people think that when the price decreased from 52k to 43k is a "warning" from US as El Salvador accept Bitcoin as legal tender.
When you leave USD, that's what happened, no security.

Now the price is 47k, as some people predicted, this is a vital moment because if the price hit 55k, it is surely a bull run.
But if the price down to 41k or even 38k, then most probably it will go deeper.

Let's see.
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September 15, 2021, 01:29:34 PM
 #74

The bull market was never back then I think. It was just a nice period for the cryptocurrencies due to the volatility. But it didn't last too much long and Bitcoin price went down sharply. Now we see that the market is trying to recover as green color is dominating the market. 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.
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September 15, 2021, 02:00:01 PM
 #75

There are many opinions about whether Bitcoin still in bullish now or is this just a big bull trap.
Some people think that when the price decreased from 52k to 43k is a "warning" from US as El Salvador accept Bitcoin as legal tender.
When you leave USD, that's what happened, no security.

Now the price is 47k, as some people predicted, this is a vital moment because if the price hit 55k, it is surely a bull run.
But if the price down to 41k or even 38k, then most probably it will go deeper.

Let's see.
Those that predicted the price as you stated could be right because despite the positive news happening through the El Salvador legalization the market ought to experience some rally. But my own prediction for this month is the market to still experience some slightly bullish run and downtrend till next month when there will be a big market correction.

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September 15, 2021, 02:26:35 PM
 #76

$47k has been breached just right now. So we might be showing some strength or we are still in the middle of everything ($43k-$47k).

So I wouldn't say that we are in the bullish momentum, again, a sideway pattern is still possible and it's hard to see $50k being breach this month. So we are sort of or the market currently is undecided so there could be no break out run yet.
Due to the price correction a few days ago, bitcoin has formed a new support which will allow it to break through the $48K - $50K resistance again in the next 1 to 2 month. Throughout the rest of September, I don't think $50K resistance will be reached again but it's not impossible when demand increases $50K becomes quite easy. The quick recovery of bitcoin price after the correction a few days ago is something we are hoping for. But I'm also not going to say that the bullrun time has come because of that, it's a typical market recovery after a dump. For 1 day TF, there are at least 5 resistance that must be broken to reach $52K again, imo. It's not impossible, but I think it's still difficult to achieve if sideways can happen.

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September 15, 2021, 05:14:14 PM
 #77

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.
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September 15, 2021, 05:42:51 PM
 #78

BTC is showing good recovery, I think that the $ 50k is on the way, according to the technical indications suggest that a good bullish rally may take place, for now the price oscillates at $ 48k, anything can happen, but I think the first target for now must be above $ 50k:


Quote
It should be noted that the daily trading volumes were at an average level, and if bulls manage to increase the volumes, they may be able to break the $43,800 resistance.
Source: https://u.today/btc-ada-and-bnb-price-analysis-for-september-15

The oscillating price of BTC is a good symptom, however the volume of BTC is very representative, it is seen that it is growing, if it continues like this it is an excellent indication, it does not matter that it is sales volume, because they can be sales walls that later remove , they can be traps that the same whales place.

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September 15, 2021, 06:29:37 PM
 #79

You're looking at it the wrong way though, we went to the bottom of 29k a few months back (around 3 I think?) and that's what we recovered from. Heck, even the sudden dump a few days ago where it sharply dropped is slowly being recovered now. You can't really compare a recovery to a peak value. I'd reckon $50k is a wall that Bitcoin would take time to breach into, it'd probably take a few weeks before it even does since again, it is still recovering from the sudden dump last time plus consolidating its position. It'd take time, but I don't think it would be that big of a struggle.
That is what people are forgetting about. Even if you look at it in a long term then at the start of the year we were nearly getting to 30k, and instead we are 40k+ now, could even be 50k very soon. This means that YTD bitcoin has made a 50%+ profit in the long run. Just because we had a marvelous new ATH along the way doesn't mean that it is horrible that we went low.

I feel like it is something that we should be welcoming because if it keeps going up all the time then how could we end up buying low and selling high? So long story short we should be quite happy with what we have, that should be something we end up being happy about instead of just being worried. Obviously, it is going to take some time to reach back to ATH but at least we are a long way up from the start of the year, and bottom of the year, that is a good enough reason to be happy.
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September 15, 2021, 09:37:42 PM
 #80

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.

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