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Author Topic: Sounds of bulls screaming  (Read 575 times)
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July 26, 2024, 11:37:29 PM
 #41

Brighter days are ahead of us, this isn't out of the ordinary price action during summer time. Equities are still strong, this idiosyncratic spot selling is dominating all the flow but it will not continue forever.

Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.
The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.

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July 27, 2024, 07:28:07 AM
 #42

The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.
The bull run is the best moment that many people have ever seen in the times before now so it is an absolute thing that most people are very happy to wait for again, including traders and investors. Because if we look at it from the profit aspect, of course the investors have the potential to get more than traders whose activities are only buying and selling in a moment without holding for a longer period. And now Bitcoin has passed the price of $68K again which means that the price could break through the level of $70K again in the near future.

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July 27, 2024, 11:14:29 AM
 #43

The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.
The bull run is the best moment that many people have ever seen in the times before now so it is an absolute thing that most people are very happy to wait for again, including traders and investors. Because if we look at it from the profit aspect, of course the investors have the potential to get more than traders whose activities are only buying and selling in a moment without holding for a longer period. And now Bitcoin has passed the price of $68K again which means that the price could break through the level of $70K again in the near future.

That is to be expected, and this what separates Bitcoin market against the rest, we have a cycle, and each has it's own importance and they are equally needed. Others might think that Bull run is the best, but you have to look at bear market as well. Because without the bear market, we won't have the chance to buy cheap Bitcoin and we can't start our own accumulation phase.

And the catalyst for a bull run is the halving and so with that, we might see the price going up in the next couple of months. Although we have set a new all time high already and it's the first time that it did happen. Nevertheless, we are still looking at the end of 2024 and 2025 as the biggest rise. It will be parabolic and huge that the prediction is that $100,000 at least conservative estimates as the peak price in this bull run.

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July 27, 2024, 11:22:59 AM
 #44

Brighter days are ahead of us, this isn't out of the ordinary price action during summer time. Equities are still strong, this idiosyncratic spot selling is dominating all the flow but it will not continue forever.

Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.
The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

Yes, but we need to wait for the bulls to appear in the market, I mean we are looking for like a big run, but so far we are below the last all time high. But give it some time, ETF news though could be price-in. But still we have seeing lots of money flowing in the market because of the ETF news.

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.

The best strategy is to keep on accumulating at this price. We are still not in the 6 digits, so plenty of time for us to save some Bitcoin. We might used the old but very effective DCA, or just used any method that fits us individually and then again, have the patience to keep on holding until the time to sell and make a lot of money in this version of the bull run in 2025.
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July 27, 2024, 09:59:21 PM
 #45

The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .

The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.
The bull run is the best moment that many people have ever seen in the times before now so it is an absolute thing that most people are very happy to wait for again, including traders and investors. Because if we look at it from the profit aspect, of course the investors have the potential to get more than traders whose activities are only buying and selling in a moment without holding for a longer period. And now Bitcoin has passed the price of $68K again which means that the price could break through the level of $70K again in the near future.
I am also seeing that this time, bitcoin price may continue to be bullish and hits its new all time high. And let’s be realistic, even if bitcoin is not currently bullish today, it’s still bound to create a significant price increase right after a huge dump so bitcoin bull run is still inevitable and we would be witnessing another bull run by hook or by crook. Im just glad that we are seeing a stable price for bitcoin at the moment, and I believe it will become more bullish once Trump will speak about bitcoin in the bitcoin conference.

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August 03, 2024, 05:21:31 AM
 #46

I am also seeing that this time, bitcoin price may continue to be bullish and hits its new all time high. And let’s be realistic, even if bitcoin is not currently bullish today, it’s still bound to create a significant price increase right after a huge dump so bitcoin bull run is still inevitable and we would be witnessing another bull run by hook or by crook. Im just glad that we are seeing a stable price for bitcoin at the moment, and I believe it will become more bullish once Trump will speak about bitcoin in the bitcoin conference.
But on the other hand, we are also facing another drop earlier this month because the Fed did not cut its interest rates which caused some investors to sell their Bitcoin holdings again earlier this month so we have seen another price drop in Bitcoin. But I am not too worried about the current condition because Bitcoin will still find a better upward path in the rest of this year because there are many influential people around Trump who also like Bitcoin so we can all still expect more from Bitcoin this year.

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August 03, 2024, 06:31:45 AM
 #47

Well we did have some good days of 'bull run' and earning big profit. But now I do think those bulls are slowing down for some reason we do not know.
But we can see prices of all the coins are going down. Bitcoin is down almost 10 percent just in the last week.
And there is 'bullish' article saying why we saw this price change like this. https://ambcrypto.com/why-is-crypto-down-today-september-has-the-answer/

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August 03, 2024, 04:14:59 PM
 #48

It has been long we have seen this low but we all know that bitcoin is not stable in one place and it volatile in movement so it is not new to me and I also know that this can happen at any time. So as investors we have to prepare ourselves for this at anytime. We buy more when the price goes down and make our profits when the price is going up.
The time to purchase more is the time when the price is going down. Good Investors are not afraid of the market because it is always on their favour.
There is one topic title that I like so much, which said to buy the dip, this is the highest advice for anyone when the price of bitcoin touched at discounted level anytime, most of the newbies have not taken the time to study the market movement in bitcoin chart or wait to have experience anything before jumping into concluding that we are already at bull, because of a quick price recovery situations.


So let guide our thoughts in the right direction with all the necessary weapons which is the knowledge we build over time, to make the right speculations anytime we attempt doing so because it's only with the right knowledge we can take any right decisions along investment line, bitcoin is volitile yes we know but understand it market movement place you in a better position.

R


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August 03, 2024, 04:52:31 PM
Last edit: August 03, 2024, 05:09:16 PM by STT
 #49

Finally this title thread fits the action, we losing price as fast it was regained within July.   Its going to take alot to stop this amount of selling as we have not hesistated even for a day at the 50 or 200 day averages.

That leaves us to face the same question as the 5 months lows which appeared.  I did wonder what happens when you make a new low like that and leave it behind, do we revisit well we have answer its very probable now.

So presuming we end tomorrow Sunday below the 200 day average with no recovery, that would seem to seal the deal and confirm weakness not only near term but challenging wider time frames.  58.1k is target downside and lower prices possible, this is a bigger area within which to judge performance.

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August 03, 2024, 05:41:43 PM
 #50

Finally this title thread fits the action, we losing price as fast it was regained within July.   Its going to take alot to stop this amount of selling as we have not hesistated even for a day at the 50 or 200 day averages.

That leaves us to face the same question as the 5 months lows which appeared.  I did wonder what happens when you make a new low like that and leave it behind, do we revisit well we have answer its very probable now.

So presuming we end tomorrow Sunday below the 200 day average with no recovery, that would seem to seal the deal and confirm weakness not only near term but challenging wider time frames.  58.1k is target downside and lower prices possible, this is a bigger area within which to judge performance.
That's actually true; I just realized how much Bitcoin has dropped in value over the past few days. Is that much of a concern, though? I believe we're used to its volatility, and the past few months have been relatively stable. I was just reading an article that claimed that Trump's speech and FBI warnings regarding cryptocurrencies account for the loss of up to 10% of its value in the past week. As you also mentioned, it seems that we're in a selling rally that's going to break the $60,000 mark. 

R


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