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Author Topic: Red market, has bull-run ended?  (Read 7198 times)

Offline Gwatan

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Re: Red market, has bull-run ended?
« Reply #15 on: August 12, 2020, 03:27:44 PM »
Don't worry, if the value of each token increases, it will also decrease. Please expect less decrease than increase. And the reality is like that, Bitcoin has increased from 8k to 12k and just dropped to 11k. Please wait for better timing, it will exit the 13k zone

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Re: Red market, has bull-run ended?
« Reply #15 on: August 12, 2020, 03:27:44 PM »

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Offline Hope4life

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Re: Red market, has bull-run ended?
« Reply #16 on: August 12, 2020, 05:39:41 PM »
I don't think this is over yet, it looks like BTC is in correction to continue the rally again.Today altcoins also green!

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Re: Red market, has bull-run ended?
« Reply #17 on: August 12, 2020, 06:02:51 PM »
It is difficult to even say what is happening in the cryptocurrency market. Either this is a manifestation of normal price volatility, or the beginning of a price correction. It looks more like a manifestation of bitcoin's volatility, since if it corrected, its price would have dropped significantly lower. Now the bitcoin price has risen to $ 11,596 again, and the ethereum price to $ 388. It looks like the price rally will continue soon.

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Re: Red market, has bull-run ended?
« Reply #18 on: August 20, 2020, 11:03:19 PM »
The price in the cryptocurrency market usually starts to rise well from the second half of autumn. I hope that it will be so this year as well. August always refers to a period of relative calm in all markets. We just need patience.

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Offline Cryptoz

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Re: Red market, has bull-run ended?
« Reply #19 on: August 20, 2020, 11:56:40 PM »
I think no, it is just a correction. We are still in bullish time but a correction is always there, it is normal. I think currently, the Bitcoin price has been starting to increase again. We don't need to worry about the crypto market as long as we still don't reach the bullrun after the current halving.
« Last Edit: August 21, 2020, 12:06:24 AM by Cryptoz »
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Offline Rafiq

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Re: Red market, has bull-run ended?
« Reply #20 on: August 21, 2020, 08:00:10 PM »
I think this is just a correction and it is a normal process in the market. The crypto market is still in bullish times, will continue to grow again after some correction. I don't think it's time to worry about the crypto market.
« Last Edit: August 21, 2020, 08:08:24 PM by Rafiq »
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Offline Joyjoyce0

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Re: Red market, has bull-run ended?
« Reply #21 on: August 21, 2020, 10:36:14 PM »
The market is probably retracing for another move up. We are not yet in bull market, this is pre-bull run time. My opinion though.

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Re: Red market, has bull-run ended?
« Reply #21 on: August 21, 2020, 10:36:14 PM »


Offline festilolo

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Re: Red market, has bull-run ended?
« Reply #22 on: August 21, 2020, 10:52:10 PM »
The market is still bullish, the decrease in prices is normal and the market is healthy as well so no need to panic. We are still in the go bullish era for now. The correction we are witnessing now is necessary for the market to settle down .

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Re: Red market, has bull-run ended?
« Reply #23 on: August 21, 2020, 11:45:10 PM »
Yeah, there are many crypto coins to seem drop gradually. I also doubt that the bullish time to end very soon. Even I still have some coins in open order, not sold yet. I don't know what will happen in  the near future. If the bullish day ends, I will hold again.

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Re: Red market, has bull-run ended?
« Reply #24 on: August 22, 2020, 02:13:31 AM »
We are just  in a short red season after seeing the greens for some weeks now. No need to panic, it's about time to buy more coins while they are in a dip. Just accumulate good coins in a secure platform like the wallet from atomicwallet.io, a truly non-custodial wallet that support multi- coins.

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Re: Red market, has bull-run ended?
« Reply #25 on: August 22, 2020, 05:05:25 AM »
If the bitcoin price drops slightly in August, then with the onset of autumn, the market usually starts to grow well. After another recent crossing of the $ 12,000 mark by bitcoin, today it fell to $ 11,502, while Ethereum fell to $ 367.
Fluctuations in prices and price adjustments in this market are inevitable. This is necessary for the new growth of the cryptocurrency market.
« Last Edit: August 22, 2020, 05:13:49 AM by Senin »

Offline labonikhatun

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Re: Red market, has bull-run ended?
« Reply #26 on: August 22, 2020, 05:26:23 AM »
As the crypto market is not stable its prices fluctuate that’s why i don’t think the bull run is over even if the price goes down it is likely to go up again we just have to wait patiently there is nothing to be disappointed about. We are able to make more profit due to the rise and fall of prices cryptocurrencies could perform much better later this year..

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Re: Red market, has bull-run ended?
« Reply #27 on: August 22, 2020, 10:42:23 AM »
Generally talking, this is not " RED " as you referred, as long as we're between $11500 (or $1500) & $9200 we can call it stable market. Once we break any of those price points, we may have a change in the trend that may take us to other prices we didn't see for month.
So, be smart & always put a reasonable Stop Loss if you're a daily, swing trader. If yo're a mid / long term investor, all this won't mater much.
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Re: Red market, has bull-run ended?
« Reply #28 on: August 22, 2020, 11:07:42 AM »
Ups and Downs is the natural way of crypto market as we can see the down trend now after a constant uptrend. I don't think bull run ended, rather i can say 'it is a correction'. DeFi projects in the last few weeks touched sky and now returning to the ground. Before investing in DeFi project, we have to think and select correct time.

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Re: Red market, has bull-run ended?
« Reply #29 on: August 22, 2020, 12:29:12 PM »
Ups and Downs is the natural way of crypto market as we can see the down trend now after a constant uptrend. I don't think bull run ended, rather i can say 'it is a correction'. DeFi projects in the last few weeks touched sky and now returning to the ground. Before investing in DeFi project, we have to think and select correct time.

Looks like majority of you here sees this slight draw back as an adjustment from the mini-bull run. Most sees this as a good sign for an upcoming bull run. That means now is the best time to purchase again if ever you missed to purchase before. Again this is all a speculation so there is no guarantee that you will earn profit from this.
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