super bako
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October 29, 2022, 07:04:35 PM |
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Currently it is too early to say something like that, the "pump" has been good and special. If this will now go on for 2 weeks and we see prices of 28,000$ and more, then we can scream a little louder Bullrun, i think not yet. There are since two days more positve News about Bitcoin, one looks on twitter and binance, a cooperation could arise here. Binace is said to be interested in buying Elon Musk and want a share.
I think if bitcoin goes back to the big price of 28,000$ there will be a temporary dump of this big whale. but subsequently more than 28k can happen. maybe this will happen in november, will experience a green market and investors will be happy, i hope this is not a trick by big rich people taking a chance, there is still time to enter the market before it is significant $28k is a very high expectation this month and November. October is coming to an end so that's unlikely but November we face a rate hike that I believe will drive us down rather than help us hit new highs. I don't expect too much from this rally, it looks more like a trap than a strong rally. what is impossible for that increase to 28,000$ could happen in the crypto world though that is not certain. look at altcoins now they are in the green fertile period in the market, if you see the movement of bitcoin's rally the past few months there has been no big sign for 4 months until now, I hope november is a sunny day for atcoins
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romero121
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October 29, 2022, 09:11:41 PM |
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Varied predictions have come out regarding the price push that happened with ethereum, followed by majority of the altcoins. I don't see the rise in the price out of bullish move. For now it is well connected with the regular price pumping which could move forward to certain extent and drops downwards.
Whenever there is push in the market we can see investors putting their money on it. In these kind of price increase we can't see a huge investment incoming. Once after growth there'll be some correction in the market and majority will be waiting to take an entry through it.
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lalabotax
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October 29, 2022, 09:59:34 PM Last edit: October 29, 2022, 10:17:32 PM by lalabotax |
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Do not expect any bull market until the next bitcoin halving is complete, at this point only very few spikes will happen and we will keep going sideways for months until a slow recovery begins, if you aren't Dollar cost averaging already I don't know what you are waiting for.
Indeed, the Bullish era commonly will happen after the halving happens. And halving is still not happening this may be in 2024. Well, many people are expecting a bull market. But this is the process that we must pass through. Today, we are seeing that Doge is pumping very highly, it is more than 117% this day, it's really incredible. more cryptocurrencies are also increasing right now, the market is very pumped this time, moreover, if we see the increase in Bitcoin and Ethereum, this is a really great positive trend. But, be careful with this situation, never ignore the bull trap. We must still keep calm and smart to utilize every chance to make it. We must be also ready for the next probability of a market correction.
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WalkerIVIV
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October 29, 2022, 10:29:37 PM |
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honestly bullrun is still so far in the future, maybe we gonna see other bullrun in 2024 once the economic is getting better, right now even there are many things that could hold bullrun from coming, one of them being the energy and economic crisis, at the moment like these most gonna prioritize their basic needs first and put aside some other investments instruments like btc and stocks, eventually once that's settled and the world becomes normal again, I think eventually we gonna see some investments regaining their value again.
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Adbitco
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October 29, 2022, 11:07:51 PM |
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Bull run not yet started it's just a market correction possibly to be bear but 10% can't really summarized to be started soon. We might expect it from late next year within or after the bitcoin halving which might also propel other altcoin to surge massively. You still have good chance of getting some legitimate currencies that could be very interesting to hold till the end of bull run.
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landheer
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October 29, 2022, 11:58:41 PM |
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For that problem, it's very difficult to guess, but in my opinion it's just an ordinary pump, but there could be a fairly high bull market. because I heard people say that at the end of the year there will be an increase, but that's just speculation. because for market movements it is very difficult to predict.
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thethaothientruong
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October 30, 2022, 04:24:24 AM |
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Hi. I'm seeing the market take a lot of risk in this bull run. Hope you can keep your profits. Many analysts are also sensing a new record drop ahead. But enjoy the current price increases & bring profits to your wallet! Congratulation.
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bitgolden
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October 30, 2022, 08:09:42 PM |
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People are too fixated on the daily and whenever it goes down they think it will stay down. I am not really in love with that idea, if you ask me I think weekly shows that it is doing much better, 8%+ higher and that's good. I wish it did a bit better, like maybe 22k would be awesome, because if we could have finished there, it would give us something much better.
I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
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bittick
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October 30, 2022, 09:55:20 PM |
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bullrun will come once bitcoin actually surpassed the mark of $30K since right now it seems bitcoin is just staying around $20K, i would never think bitcoin and cryptocurrencies in general is having bullrun if btc is still like this. moreover, even though there are some coins actually having increase in term of value, it is very few coins and could be only temporary, I think if there is any bullrun surely it would arrive around the end of 2023, it seems that's the right moment in term of bullrun occurred and the economy might be just getting better than it is right now.
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Silberman
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October 30, 2022, 10:15:53 PM |
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People are too fixated on the daily and whenever it goes down they think it will stay down. I am not really in love with that idea, if you ask me I think weekly shows that it is doing much better, 8%+ higher and that's good. I wish it did a bit better, like maybe 22k would be awesome, because if we could have finished there, it would give us something much better.
I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
The problem is that traders try to use a daily trend to predict long term trends, it is obvious that I like what I have seen the price of bitcoin doing during the last days, but this is nowhere near enough to somehow predict that from now own we are going to see a bull market during the next months, we see movements like this all the time in this market which mean absolutely nothing, so chances are that this is just one of those instances and the price could go down once again during the next days or weeks.
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NNRR
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October 31, 2022, 01:30:22 PM |
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No one can say for sure when the bull run will start but if you look at the serials of the last few years then hopefully we will see a bull market next year so the best thing we can do now is to hold all your Alt coins that are invested. Because they will give you a lot of profit in the wrong season.
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SirLancelot
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October 31, 2022, 06:42:29 PM |
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Currently it is too early to say something like that, the "pump" has been good and special. If this will now go on for 2 weeks and we see prices of 28,000$ and more, then we can scream a little louder Bullrun, i think not yet. There are since two days more positve News about Bitcoin, one looks on twitter and binance, a cooperation could arise here. Binace is said to be interested in buying Elon Musk and want a share.
I think if bitcoin goes back to the big price of 28,000$ there will be a temporary dump of this big whale. but subsequently more than 28k can happen. maybe this will happen in november, will experience a green market and investors will be happy, i hope this is not a trick by big rich people taking a chance, there is still time to enter the market before it is significant If there are no dumps after hitting $28k then we can say that it wasn't a trick or a trap by the whales but we can also be wrong with it because what if they have a higher target? Well if we don't want that to happen then we better sell first but if we are serious about going for longer terms then we can accept any movements that can happen. It's only temporary anyway but sooner or later the price will always recover and continue it's unfinished business but did I heard it correct? As @MinoRaiola said, binance will buy Elon? LoL, I think that's not possible. I know binance is rich but I believe elon is more richer than them. Elon can solo flight and still be profitable on his own.
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MinoRaiola
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October 31, 2022, 06:54:51 PM |
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It's only temporary anyway but sooner or later the price will always recover and continue it's unfinished business but did I heard it correct? As @MinoRaiola said, binance will buy Elon? LoL, I think that's not possible. I know binance is rich but I believe elon is more richer than them. Elon can solo flight and still be profitable on his own. I also had to laugh when I saw what I wrote. First I misspelled binance and then Elon Musk, I should have written twitter. It is now Changed ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bullrun: January and Mt.Gox payouts are still coming, I think until then someone play with fear. Former Obama Adviser Bets his Porsche That Bitcoin Will Rally Again to $60K The American is highly bullish on bitcoin, saying he is ready to bet his Porsche that it will once again reach $60,000. https://cryptopotato.com/former-obama-adviser-bets-his-porsche-that-bitcoin-will-rally-again-to-60k/
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Xal0lex
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October 31, 2022, 07:43:46 PM |
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Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off. What do you smells from it?
This could be a common manipulation to make market participants believe that a bull market is now beginning and thus begin to buy. Don't forget, the market is manipulative and often the big players create purposely needed conditions, which many participants are waiting for. Although this does not negate the possibility that it could be the beginning of a real market reversal, but I would not rush too much and wait for more signals confirming increased demand for cryptocurrencies and new players coming to the market.
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Maestro75
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October 31, 2022, 08:08:00 PM |
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10% price change and it's only happen for one day is really normal lol, it doesn't have any sign of bullrun or bear market. If you think 10% change on cryptocurrency is really amazing, you should look on past few years chart where Bitcoin price increase for 30% at single day which is a sign of bull market. Also the reason why Ethereum price increase is because Bitcoin price is increase earlier, it's not because of altcoins market.
Bitcoin has lost that force it was known for. It hardly moves anymore today. Past years bitcoin gained $3,000 to $5,000 in a single day. Today if it gains as little as $1,000 people begin to scream and think a bull run has started. It is the same thing with Ethereum. It rises and falls whenever bitcoin does. 10% price rise does not mean much of a bull run in cryptocurrency. It is normal.
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cryptolists
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October 31, 2022, 10:14:39 PM |
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Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off. What do you smells from it?
I think it is just a retraction. In my option, we are still in a bear market. If ETH fails to break 2000 USD in the coming 2 months, it will most likely continue below $1000 and perhaps even 800 before taking off again. Like always, trading is unpredictable but I take my guidance from Elliott Waves and having experienced a few bear markets before.
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borovichok
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November 01, 2022, 04:17:34 AM |
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Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off. What do you smells from it?
It just a normal pump happen in some of the coins we have, and I don't think that bear market is done and bull market is what we're having right now, for me bull market is not happen in just a day but rather it will happen every day and make a little by little changes each day that make us more believe that bear is finally ended and we're having bull now. The bull market have not come yet, we can only witnessed some pumped in other coins but trust me, it's not yet bull season. Ethereum made a little pump doesn't mean bull have started, there's still enough time for this bear season to stay. Although I have bagged my promising coins and store in my spot wallet, also I'm doing some futures trading. The market will pump definitely but not soon, I wouldn't advise anyone to go for altcoins presently, because they're now shitcoins which don't have value. One should exercise patience in the space because one never can tell the next movement of the market.
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evichi
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November 01, 2022, 05:06:23 AM |
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I think it is quite early to conclude the bull market has started. While 10% is good increase but it is better to observe some consistent rise over time, even in weeks, before conclusion can be drawn. IMO, as we are approaching the Christmas period as well as the end of the year, there is a likely increase in activities including activities in crypto space. More days/weeks of observation is required before arriving at conclusion so as to ensure the rise is the beginning of the bull market and not a temporary rise.
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Cryptmuster
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November 01, 2022, 07:53:39 AM |
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People are too fixated on the daily and whenever it goes down they think it will stay down. I am not really in love with that idea, if you ask me I think weekly shows that it is doing much better, 8%+ higher and that's good. I wish it did a bit better, like maybe 22k would be awesome, because if we could have finished there, it would give us something much better.
I believe that we will definitely do something that would be great if we could just push it beyond 22-23k levels all over again, that would be awesome. I know that it is not going to be that easy, but I know that it is going to be the key to our bull run start because without that small one first, then it would be hard.
At the moment, it doesn't really matter at what level we are 20k or 22k, the main thing is that the global support levels do not allow to fall below. The price can repeat these small movements many more times while we are in a bear market and so far I do not see signs that the market is turning bullish, everything remains in the same direction. I do not even rule out a temporary rise to 30k, but then I expect a further fall.
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Mpamaegbu
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Crypto Casino and Sportsbook
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November 01, 2022, 01:05:47 PM |
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It could be that the bull has started as we're already in November, the month I believe favours Bitcoin. I won't be expecting anything contrary to a bullish movement from Bitcoin this month. As it's now, price is resting on weekly support around $19,500 and I sincerely hope it doesn't break it so we can see it reaching for the $24k region where there's a strong resistance. If anyone must short Bitcoin now, they should be very careful doing that. Otherwise, it's better to wait and aim for long.
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