Bitcoin Bull market is back

[michellee]

There is very good news based on BTC, already some are confirming the bullish trend, in fact many are waiting for the price to $55k, the technical indications are seen as follows according to cointelegraph:

Yes, many are waiting for $55k but I am sure they will have big expectations to wait for the price to back to $64k. Hopefully, this week can bring some good movements for bitcoin and have more support so the price can break $55k. A few minutes ago, the price got another dump and now, the price is down at $51k. But it seems the price is trying to struggle to lift the price back to $52k. But this will be a good time to accumulate more bitcoin while the price is getting the correction.

[btc_angela]

Bitcoin has always been in the bull-run, except maybe when there is a fud, like the china news and Elon Musk tweet affecting the market negatively.

FUD was always there since the start that could affect the Bitcoin price but IMO on this year, there's no bear market that has happened.  It considers market correction and not totally a bear market, so meaning to say, we're currently still on the bull market and the price keep climbing up since the mass adoption was in the process.

FUD will always be a big part of any bull run, just like in 2017, wherein there's a lot of negativity around but eventually, a bull run can't be stop even with a big fud.

Potentially the bull season will continue because people will always have a technology adoption, which means blockchain and Bitcoin could be possible always be used.  Another factor is international acceptance, more and more countries now open their gates towards cryptocurrencies could be possible a massive adoption.  Once we're on the top, the media spotlight will be the next, and Bitcoin and other crypto will not stop spreading out.

IMO, Bitcoin will always have ATH but definitely, there's no infinite growth, it's always expected to have a correction.

Or more of the fundamentals aspect of bitcoin that will keep the price going. But it's not on a parabolic rise, sooner or later it will have to come down. Resetting the market is not that bad, so that it can continue to grow as we go all along.

[ultrloa]

There is very good news based on BTC, already some are confirming the bullish trend, in fact many are waiting for the price to $55k, the technical indications are seen as follows according to cointelegraph:

Yes, many are waiting for $55k but I am sure they will have big expectations to wait for the price to back to $64k. Hopefully, this week can bring some good movements for bitcoin and have more support so the price can break $55k. A few minutes ago, the price got another dump and now, the price is down at $51k. But it seems the price is trying to struggle to lift the price back to $52k. But this will be a good time to accumulate more bitcoin while the price is getting the correction.

Many expect that to happen and also its expected that many will speculate or think about that $64k or more than that since speculated figure is to reach at $100k will be reached after that target breaks. But one thing I want to advice and that is don't expect to much on it since we know market is so tricky we might gonna fall into the trap and bag hold it since possibilities for dump is there but the thing there is we shouldn't get panic since if we do for sure we will lose our capital if we easily affected for some corrections happen in the market.

[BIN-BIN]

We have been in a bull market since March 2021 the minor setback in the price of bitcoin all the while was just a correction stage and in no time we will see Bitcoin crossing the resistance level and making a new all-time high. The entire market is down presently, but Bitcoin is still holding the $50k resistance level, which shows bullish momentum.

[Questat]

And base on the previous performance of Bitcoin during BER season, it is mostly in the pumps and this will likely have to see this year again. That is why I remain on the positive side. Though market corrections can't be stopped, perhaps it is a part of crypto, recoveries are still to see right away. I leave the confidence that we still keep in the range of $50k-$60k until the end of this year. But I'm not sure if it retains early next year as many people might spend and sell their Bitcoins during Christmas day.

[STT]

Over extended short term is one phrase I heard a speculator say today, I have price at a ceiling and this latest fall puts it outside what I drew as the bullish channel so we'll see if the damage is significant or not.
Overall my expectations were for it to pull back to something like the 50 day average so Im undecided if it has further to move then that.  It has reset the more bullish ambitions of some and this will take some time to revise and repair the sell over time.



Target downside now if it remains negative would be something like the bottom fib level there, around 39k.   We've visited it before and we might need to do so again, its not new just part of the constant revision price action will do.

[Baofeng]

We have been in a bull market since March 2021 the minor setback in the price of bitcoin all the while was just a correction stage and in no time we will see Bitcoin crossing the resistance level and making a new all-time high. The entire market is down presently, but Bitcoin is still holding the $50k resistance level, which shows bullish momentum.

Yeah, and just like that, the market dumps, hehehe, not sure what's the reason of the recent crash, we can blame the whales for it, or El Salvador might have something to do. Nevertheless, from $43k lows to $46k, so again, we are below $50k. So from 52k->$43k->$46k, in just 24 hours, just shows how bitcoin is really that volatile. Be that as it may, I must say that this is crypto space, others may not like it's volatility, but that's how we prosper here. So yes, for me we are still in the mids of a bullish momentum, with some minor pullback.

[michellee]

There is very good news based on BTC, already some are confirming the bullish trend, in fact many are waiting for the price to $55k, the technical indications are seen as follows according to cointelegraph:

Yes, many are waiting for $55k but I am sure they will have big expectations to wait for the price to back to $64k. Hopefully, this week can bring some good movements for bitcoin and have more support so the price can break $55k. A few minutes ago, the price got another dump and now, the price is down at $51k. But it seems the price is trying to struggle to lift the price back to $52k. But this will be a good time to accumulate more bitcoin while the price is getting the correction.

Many expect that to happen and also its expected that many will speculate or think about that $64k or more than that since speculated figure is to reach at $100k will be reached after that target breaks. But one thing I want to advice and that is don't expect to much on it since we know market is so tricky we might gonna fall into the trap and bag hold it since possibilities for dump is there but the thing there is we shouldn't get panic since if we do for sure we will lose our capital if we easily affected for some corrections happen in the market.

It seems we need to wait for more as the bitcoin price now drops significantly than a few days ago and the price reaches $46k. It is a surprise for us because many are not expecting to see the price at that price level. But we can not do anything like the price is already at the current price. We can only hope and be patient to wait for everything to turn back to the right track. Who knows, after this deep correction, the price will have more support because the price is good to buy and it is the right time to buy more bitcoin.

[bots1]

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?

In my opinion, bitcoin will experience a correction until the end of September. I saw the history of Bitcoin from several years ago in September which often forms a red candle. so during September, we saw Bitcoin price drop 10%. This price drop becomes a very good buying opportunity for the long term. A new ATH (all-time high) is coming soon.

[Yaunfitda]

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?

In my opinion, bitcoin will experience a correction until the end of September. I saw the history of Bitcoin from several years ago in September which often forms a red candle. so during September, we saw Bitcoin price drop 10%. This price drop becomes a very good buying opportunity for the long term. A new ATH (all-time high) is coming soon.

You mean that the price will go down till the end of the month? We already saw a drop by 10%, but we bounce back already.

But yes, such drop offers a new and very good buying opportunity. Just depends on how investors are going to look at it. If they waited even further because they want it more cheaper, then it might not happen. So strategy and timing is very important as we are in a red candle temporarily.

[Wiwo]

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.

[perfect999]

There were no positive news and events that did happen on the market but it do end up on having some good significant increase to its price specially with Bitcoin and so as with other altcoins in the market.

Some had even said that August is over which said to be a ghost month and now that its over then prices is starting to cling up but we cant really tell that bulls are back.

We are just starting on BER months which it do always having that impression that times like these are the best ones on every year.

Bitcoin never really "needs" a reason to go up, there were few stuff, there was a period when people thought amazon was adding crypto as payment option (which turned out to be wrong but nobody cared) and there were a period when El Salvador made the news, and there were few other things. However bitcoin never needed it to go up. Of course, it is a lot more entertaining when there is actually a good reason for bitcoin to go up, after all we could at least base our increases depending on that.

However that rarely is required, it is just "nice to have" and not "must have" for bitcoin. I personally believe as long as we end up buying, then we could do it whenever we want to and sometimes there is a big increase because of some small increases, like when it goes from 30k to 33k then people get hopeful and buy it, making it 35k and others start to jump in and make it 40k and so forth. A snowball affect basically.

[chikading2016]

Bitcoin drop to 46k$ today but I am sure it will rise back to 50k$ after Ukraine legalized crypto currency. We can't feel the effect right away but I believe in he next few weeks from now btc will rise back.

[Hippocrypto]

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?

Bullrun? Hopefully it will take place soon but for now we're in a saturation level while the price goes down after we've achieved $50k. Many traders grab the opportunity to sell their holding that's why it causes dump a huge portion of btc market. We need long term waits before bullish trend happens, patience is our ways in order to be successful.

[MiF]

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?

We are still at 46k$ but it does not mean that we are now in a bearish market. Because I think this 46k$ price will not take too long maybe next week we can see the Bitcoin at above 50k$ again or above 50k$, it is all because there are a lot of good and bullish news that is posted one of the news is the ligalization of btc and crypto currency coin in the country of Ukraine. I believe many more country will follow this legalization soon.

[Vaculin]

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?

Bullrun? Hopefully it will take place soon but for now we're in a saturation level while the price goes down after we've achieved $50k. Many traders grab the opportunity to sell their holding that's why it causes dump a huge portion of btc market. We need long term waits before bullish trend happens, patience is our ways in order to be successful.

I'm too optimistic about the current situation. We're not about to turn down but instead, it remains bullish, we are still at this level, right? We are experiencing a few pumps and at the same time, we also have corrections. Well, this is a part of the game, the market just it literally it looks like that since before however, it behaving not differently because as this adoption continues we are not seeing such huge dumps that happen before (FROM $20K-$5K) but at this time, we are more on the recoveries and pumps.

[Dave1]

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.

Yes, others have been pointing out that September, if history repeats itself will be not good for us. But we also have a saying here, if everyone is expecting the price to move in a predetermined manner, the market usually goes the opposite.

I'm also thinking that November will be big with the taproot rolling out. So we might as well sit out this month, or just continue to buy this month and accumulate and then hold for at least two month duration and see how it goes.

[StreakW]

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.

[michellee]

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.

[DU18]

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 recent decline in the price of bitcoin was completely unexpected, just imagine, after bitcoin was able to rise to a price of $52K but suddenly dropped so drastically that it reached $46K in just 24 hours, and of course this made beginners trader panic who indeed just entered the trade and bought bitcoin at a high price a few days ago, I think many beginners cut their losses when bitcoin goes down and without realizing it will make the bitcoin price worse later.