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Author Topic: Bull Market again end of year? Emin Gün Sirer, CEO of Avalanche, says "Yes"  (Read 3250 times)

Offline masterrex

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It seems that this prediction from August 2021 is true and we already started to experience it now, the market is bullish and even Bitcoin price was already break its previous ATH record, and followed by many altcoins too like Ethereum is also breaking their ATH records and I hope it will sustain until 2022 first quarter.

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Offline Prime

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Many people predict that so.
In fact, yesterday was the discount day for crypto market on 11.11
Many crypto lists are decreased. But now, it is rising up again.
I also do believe that crypto market will meet the bullish trend this year. For BTC, yes it is rising up really well.
But for most top old coins, why they are not moving up?
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Offline smart_oa

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It seems that this prediction from August 2021 is true and we already started to experience it now, the market is bullish and even Bitcoin price was already break its previous ATH record, and followed by many altcoins too like Ethereum is also breaking their ATH records and I hope it will sustain until 2022 first quarter.

There is nothing we can say sure about. Everyone is expecting a mega pump but we all know that whales always react at the opposite of market sentiments. So I think this won't be that easy. We still need to wait for the nov months to end so that we can confirm that we are on the bull hand or in the bear hand. Be careful with your trading now.

Offline trofim21

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if today we analyze the market, then I can also confirm the growth of the market in the long term, all the news and fundamental analysis show this, so we just wait 8)

Offline AGM

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Yes accroding to Emin Gun Sirer bull market again at the end of this year. There are many crypto annalists say the same things. From today one month ten days left to end of this year and we are just ready for  the bull run. Currently the price of btc is $58000. We expect it would be more then $75000 at the end of this year.

Offline alltalk

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Everyone is expecting a mega pump but we all know that whales always react at the opposite of market sentiments.
Are you sure that they always react opposite? I don't think so, mate. What the whales do is take advantage of the current market situation, which doesn't mean to do the opposite to take advantage. I am sure that most whales are targeting to sell their coins before the new year. So, they have no reason to dump the market. What they must do is to support the market to always increase till reaching a specific target. If they want to buy some coins, they must already do it in the previous corrections. For the next target, it should be "PUMP".

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Offline Ghozrd

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Everyone expects a Pump and doesn't expect a dump to happen, but if you look at the charts on some new coins before the brand is listed on a big volume exchange, the whales will pick the altcoins sideways then they will right and sell when the target is reached, so the question is, is it all coins in crypto will be like that, of course not, i see it from the point of view of new coins, but for great developers they will prevent dump happens with the target price they have.
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Altcoins Talks - Cryptocurrency Forum


Offline Noverteno

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I would like to believe in such a forecast, but it seems that so far it has not come true. In recent months, we have seen ups and downs in prices in the cryptocurrency market, but we have not seen stable price growth. It was predicted that the price of bitcoin by the end of the year was supposed to rise to $ 80,000 - $ 100,000, but so far we are seeing its price below $ 60,000. Could the price situation still change for the better? More than a month before the New Year. It's quite a long time in the cryptocurrency market. Bitcoin has made unexpected price surprises for us many times, when no one expected it anymore. Let's hope that something similar will happen this time.

Offline trofim21

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if we take the coming experience in cryptocurrency, then we can say that yes, this is the time when the market is always in a growing phase and this will last a few more months like last time

Offline pacar_tiri

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I think every investors have own prediction, No matter with it.
If we believe will pump before end of this year, You can buy more now because market is still recovering slowly, But be  careful. Crypto currency is unpredictable.

Offline luvr1000

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everything is very similar to last year, always at the end of the year the market is growing, but I think that this year everything will last much longer than last year
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Offline TopT3ns

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maybe a bear market is happening but the price movement of cryptocurrencies in my opinion no one knows, even though currently the price of bitcoin has collapsed to the price of $42k I'm sure if there is still good news it can make the price go up and recover again, wait until the end of the year This is, hopefully market conditions will recover.

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There will be a lot of opportunities to make money for two or three months before the market collapse again. We already cross ATH recently and there is a chance that BTC price will shoot to 3X form the current price which is very positive sign.

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Everyone can only predict coin prices according to their technical analysis, the number of crypto users is currently increasing due to Game Play to earn and soon the Metavere Game or Metaverse world will be Hype, the level of need for this situation creates a new trend in crypto and the market crypto will continue to increase due to the number of requests

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Everyone is expecting a mega pump but we all know that whales always react at the opposite of market sentiments.
Are you sure that they always react opposite? I don't think so, mate. What the whales do is take advantage of the current market situation, which doesn't mean to do the opposite to take advantage. I am sure that most whales are targeting to sell their coins before the new year. So, they have no reason to dump the market. What they must do is to support the market to always increase till reaching a specific target. If they want to buy some coins, they must already do it in the previous corrections. For the next target, it should be "PUMP".

DYOR/DWYOR
On the whole, this may be correct reasoning, but it has not yet worked in this situation. We see that prices in the cryptocurrency market fell for no apparent reason last month and they are still far from recovery, although there is almost one week left until the end of the year.
I also believed that cryptocurrency prices would traditionally rise in the fourth quarter. But the cryptocurrency does not seem to have any general rules or patterns in the pricing issue.

 

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