Now the price is bullish

[passwordnow]

now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.

It got actually a top and it was near $67k and I've thought that it will break to that price but it didn't. But the good thing is it didn't went close to $59k but only $60k. This is actually a good sign that the dip was truly healthy and it's recovering a little by little. Thinking of an exit plan is too early if you're thinking that at this time. If you're satisfied then with $60k+ then you should have your exit but don't regret if you ever see and realize that bitcoin has the potential to go more than $100k.

and i dare to bet 20k it's the new price floor for btc when wipe out came later. just imagine , according to JP morgan , investor on gold ETF move their fund to Bitcoin ETF ,a few of course,but that can be a signal how bullish this year.

If it lands to $20k as the floor price, that's too much at this rate but everything is possible. The lowest that we get this year while we've seen the ATH was $28k and it's close to the price that you're saying. What do you mean by wipe out? when you say wipe out, it's going to left nothing at all.
So if you're standing on that assumption that a wipe out will happen then there's nothing left anymore whether there are gold investors or etf investors in the market.

[zaesvlas]

I think that we will not see 20 in the near future. Although Bitcoin is not the most predictable currency, there is no need to say for sure.

[beerlover]

according to JP morgan , investor on gold ETF move their fund to Bitcoin ETF ,a few of course,but that can be a signal how bullish this year.

This year's most important positive news on bitcoin ecosystem must be the approval of bitcoin ETF after El Salvadar's adaption. But, we bitcoin ETF news came this October but bitcoin remained bullish since last year's November/December so I am not ready to agree that bitcoin ETF is key factor on deciding the bullish trend of 2021. When bitcoin ETF news was arriving, bitcoin was trading around $55 to $58k levels and it helped bitcoin to get around $67k levels.

I think that we will not see 20 in the near future. Although Bitcoin is not the most predictable currency, there is no need to say for sure.

It is not unpredictable by considering its history. I mean we need to go by what happened in 2017 and 2013. This way I am expecting we are never going to see $30 forever hence talking about $20k is not getting me any sense.

[jossiel]

I think that we will not see 20 in the near future. Although Bitcoin is not the most predictable currency, there is no need to say for sure.

I also think of the same.

But I don't want to expect with full joy on that. We still have to balance and think that everything is possible in this market. We might never see that again.

Or we could go there as near as it is just like what happened just this year too.

[rhodelmabanal]

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage

Well I already experienced different situation from holding to trading and I can say that best on my experience i see that everything in crypto is unpredictable and based on my observation from year 2017 until 2021 I saw that the people who has a strong hands to hold is the people who earn a lot in crypto based on price and every coin that they select or choose to hold it is also sometimes depend on our luck because no one can predict the price and the future development in every ICO that we invested sometimes best ICO we'll be abandoned by the team or by the developers and lead the coins to fall into zero value.

[kawetsriyanto]

I think that we will not see 20 in the near future. Although Bitcoin is not the most predictable currency, there is no need to say for sure.

Do you mean BTC price to drop $20k? The current price is about $60k and probably continues to increase because of much positive news lately. So, it doesn't make sense if Bitcoin price drops $20k in the near future. Instead, I assume the Bitcoin price to increase again above $65k in the next few weeks. Even if Bitcoin price is sometimes unpredictable but it looks like in a good trend, that's why I predict it is likely to increase again. 

[bhooscream]

Imo, it is the starting of the bullish era. because many altcoins are still struggling to reach at least their own ATH. But most of them are not. Hopefully, Bitcoin will not crash again so that altcoin season will really happen this year, at least next month or at the end of this year.
Well, this may be a difficult prediction, moreover, we can find so many predictions about the pros and cons of the bullish trend this year or next year.
However at least, now we can breath fresh air with the price of Bitcoin is still more than $60k

[Stedsm]

I think that we will not see 20 in the near future. Although Bitcoin is not the most predictable currency, there is no need to say for sure.

Do you mean BTC price to drop $20k? The current price is about $60k and probably continues to increase because of much positive news lately. So, it doesn't make sense if Bitcoin price drops $20k in the near future. Instead, I assume the Bitcoin price to increase again above $65k in the next few weeks. Even if Bitcoin price is sometimes unpredictable but it looks like in a good trend, that's why I predict it is likely to increase again. 

Please read back to what he said. He never said that BTC would fall below $20k but he thinks BTC will not go $20k anytime in the near future.

However, @zaesvlas please do remember that BTC had been the most unpredictable cryptocurrency and saw a steep decrease of more than 50% (towards <$30k) in its price after reaching $65k ATH for the very first time, so thinking that it's not possible itself is unreal. Anything can happen any moment because even after having institutions involved at that time, BTC did a hard correction in its price then how can you think that it's not possible for BTC to get there again? I do believe that the recovery was quick and healthy but the faster it goes up, the faster there comes a correction. Though, BTC may not go there for some time because Nov-Dec-Jan trio had always been very bullish for BTC.

[adzino]

Imo, it is the starting of the bullish era. because many altcoins are still struggling to reach at least their own ATH. But most of them are not. Hopefully, Bitcoin will not crash again so that altcoin season will really happen this year, at least next month or at the end of this year.
Well, this may be a difficult prediction, moreover, we can find so many predictions about the pros and cons of the bullish trend this year or next year.
However at least, now we can breath fresh air with the price of Bitcoin is still more than $60k

It went from $38k to $60k USD really quick. So probably we will be seeing another correction. Maybe this time it will be around $50k. Though I have been reading everywhere that the price will reach a  new all time high within the end of the year. We never know what's going to happen. And if bitcoin goes bullish, most of the altcoin suffers. We have seen that a lot. But things have been a little different this year. Surprised to see altcoins performing well even when bitcoin was both bullish and bearish.

[Dave1]

Imo, it is the starting of the bullish era. because many altcoins are still struggling to reach at least their own ATH. But most of them are not. Hopefully, Bitcoin will not crash again so that altcoin season will really happen this year, at least next month or at the end of this year.
Well, this may be a difficult prediction, moreover, we can find so many predictions about the pros and cons of the bullish trend this year or next year.
However at least, now we can breath fresh air with the price of Bitcoin is still more than $60k

It went from $38k to $60k USD really quick. So probably we will be seeing another correction. Maybe this time it will be around $50k. Though I have been reading everywhere that the price will reach a  new all time high within the end of the year. We never know what's going to happen. And if bitcoin goes bullish, most of the altcoin suffers. We have seen that a lot. But things have been a little different this year. Surprised to see altcoins performing well even when bitcoin was both bullish and bearish.

I'm not sure if he can go to $40k-$50k. The dip that we have seen in a natural occurrence in the market. After new all time high, the speculators sold out and make profits. And if the pattern will continue, to achieved $100,000+ in December it will take like 2.5 months again. So the lowest that we can get is around $60k to be able to hit what everyone is expecting in December and what others have been banking on, the S2F model pushing at least $130,000 or more.

[Zanab247]

This is the great opportunity many investors have been waiting for, for the price of bitcoin to hit $60 before releasing their coins for sale. I will be part of this great opportunity because i have been waiting for the price of bitcoin to increase to $60k or $65k before i will put my coins for sale.
According to some researchers, this pumping will last till next year 2022 before it will dump for many investors to achieve massive profits from their businesses. Since the price of bitcoin has been dumping over some months, show that those long term investors who have been holding their coins till now, will have every reasons to be happy with the new pumping in the market..

[Om.monata]

Even though the bulls are happening but many people are still considering and looking further and prefer to be calm in facing the market.
But if you care more in general about the larger global crypto economy, it's time to soak up some good news. Our goal is to highlight some of the latest trends and then talk a bit about what we might see coming from bullish market movement patterns in this period.

[martina14]

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage

I know what you mean mate, Bear market is the good time for us to take advantage to choose in which coins that has a potentials to increase in the future that will give profit to us, and it is really a good chance now to buy them as long as you know how to choose the right one coins to hold in the long term of course.

[tygeade]

It went from $38k to $60k USD really quick. So probably we will be seeing another correction. Maybe this time it will be around $50k.

But, getting into $60k levels is not first time hence this time there would be no room for correction from the current price levels. I mean only when prices moving too fast for the first time, we could expect for a steep correction. Recovering back to $60k levels must be an indication for getting into 70k to 90k levels at any time soon. I also believe that the trend of bitcoin market right now is too bullish regardless of the small correction we had for last 2 to 3 days up to $58.4k levels.

We are about to enter November month which is really going to be too exciting by the looks of what we have experienced by November 2017. If there will not be any new negative news then probably we will enter December month with prices trading above $100k levels.

[Sayeds56]

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage

Absolutely right. Bull runs come and go, we should plan well in advance to book profit before it lasts. I think the Bull Run in Alts is still in the middle and it will continue till January,2022 if Bitcoin remains above 60K during this period. The major Indictor of Bull run in Alts is Bitcoin Dominance Index which is still higher ( 44% ). The Bull run in alts will go in full swing once it comes below 40%.

[Hippocrypto]

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage

Absolutely right. Bull runs come and go, we should plan well in advance to book profit before it lasts. I think the Bull Run in Alts is still in the middle and it will continue till January,2022 if Bitcoin remains above 60K during this period. The major Indictor of Bull run in Alts is Bitcoin Dominance Index which is still higher ( 44% ). The Bull run in alts will go in full swing once it comes below 40%.

This is a great opportunity for many investors. They have waited this for so long. Eventhough prices are too high now but still, there are lot of people who still choose to be calm facing the market. We experience this to remind us that in every dumping of price, it has the chance to pump and experience this moment. Since the price of bitcoin dump for some months, it shows that investors waited this for to long holding their coins. So now, will have every reasons to be happy with this new pumping of prices in the market.

[proTECH77]

The market is not looking good for me to release my coins for sale than to hold till next month, when the price increase higher. The price of those coins are not too stable right now, I believe before next month it will be more bullish than this because many long term investors are still watching the market price, if it will still look beautiful than this before they can supply to make a good profit from the market, since bitcoin and other altcoins are preparing to be more stable in pumping.

[justdimin]

Bear market is the good time for us to take advantage to choose in which coins that has a potentials to increase in the future that will give profit to us, and it is really a good chance now to buy them as long as you know how to choose the right one coins to hold in the long term of course.

I guess we do not need to think and regret about what were the opportunities got missed or anything similar and related to bear market but we need to plan up and get ready for grabbing opportunities from the ongoing bull market. I need to agree with OP that the current bitcoin market must be insanely bullish but only very few people are making use of dips to ride along the bulls.

It means you cannot get into peak levels even it is strongest bullish trend right now. But, you must wait and enter at dips so that you can maximize your profit making opportunities.

[RealMalatesta]

It means you cannot get into peak levels even it is strongest bullish trend right now. But, you must wait and enter at dips so that you can maximize your profit making opportunities.

You nail the traders who buy the peaks. I mean bitcoin being into strong bull run got nothing assured about our profits. Unfortunately I am seeing people losing their hard earned money even in this bullish trend.

There should be 2 main reasons why they are suffering:
1. No technical part involved with such traders.
2. Randomly buying by trusting the overall trend.

Timing is very important in every market which means we could make profits even in bear market in spot trading and the reciprocal is also true which is the reason we see people losing even in this bullish markets.

[LUCKMCFLY]

now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.

Well the price has been fluctuating a lot, it is necessary to emphasize that the BTC ETF has influenced the price a lot, in fact this has opened the doors to many Wall Street investors who have been betting on BTC for some time. Some are thinking of diversifying their portfolio much more, they see an immense opportunity because they believe that BTC will not only reach $ 100k quickly, some think that it will go well beyond $ 150k.

According to some opinions of experts who have been on Wall Street for years, BTC will very soon become a currency worth buying to become a millionaire.