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Author Topic: The sudden Bull Raise  (Read 4439 times)

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The sudden Bull Raise
« on: August 02, 2020, 01:37:42 PM »
it was expected the bull run was in the corner. most people enjoyed it while some doubted it.As expected the market made a huge move. bitcoin traded from 9500 to 1200 and ethereum fly from 250 to 400. a huge milestone. what matter is the market consolidated and huge funds were liquidated unexpected. What do you think will be the next move.
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The sudden Bull Raise
« on: August 02, 2020, 01:37:42 PM »

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Re: The sudden Bull Raise
« Reply #1 on: August 02, 2020, 01:50:25 PM »
I think a sign of a bull run occurs, market demand increases so prices will experience a surge. We see the end of the year or next year
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Re: The sudden Bull Raise
« Reply #2 on: August 02, 2020, 02:45:31 PM »
For me it is too early to say the sign of bullrun however I assume this huge increase can make Bitcoin go to moon and possible to record new all time high. Maybe I would believe that history repeat itself then one bitcoin can cross 20K dollars this 2020.
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Re: The sudden Bull Raise
« Reply #3 on: August 02, 2020, 03:10:31 PM »
Most likely, the cryptocurrency market will continue to grow and it will be possible to get a good profit, but after a good growth, as usual, there is a big drop, so we should carefully watch the movements of the cryptocurrency market.
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Re: The sudden Bull Raise
« Reply #4 on: August 02, 2020, 07:01:21 PM »
After a sharp rise in prices in recent days, today there was an equally sharp drop. Bitcoin had a price of $ 11,938 in the morning, and has now dropped to $ 11,109, while ethereum has dropped from $ 407 to $ 369 during the day. It is possible that this is the beginning of a price correction in the market and this for some time, perhaps until autumn, will slow down the further growth of the cryptocurrency.
« Last Edit: August 02, 2020, 07:04:00 PM by Astra »

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Re: The sudden Bull Raise
« Reply #5 on: August 02, 2020, 09:43:44 PM »
The sudden surge is really interesting to me. I enjoy to see a significant rise in the prices of coins especially Bitcoin and altcoins. This is a prove that bull run is getting nearer than expected. There is hope in the crypto space now as a result of that surge, but we also need to be very careful amdmake sure we jump in at the right price.

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Re: The sudden Bull Raise
« Reply #6 on: August 02, 2020, 11:23:33 PM »
It's obvious that people get excited when they see crypto bull run especially when it has to do with bitcoin and eth bull run, I think the next thing that will follow is that some people will start to sell and buy coins and a lot of investment will be going on as the market is risen that could be the next move for some.
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Re: The sudden Bull Raise
« Reply #6 on: August 02, 2020, 11:23:33 PM »


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Re: The sudden Bull Raise
« Reply #7 on: August 03, 2020, 11:08:10 AM »
I think now the price will drop a little and the price will stabilize and after a while (this year) bulls will come again and the price will be too high.
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Re: The sudden Bull Raise
« Reply #8 on: August 03, 2020, 01:59:11 PM »
I consider a bull as a continuation pattern, one that recharges the bulls’ engines for an extension of the preceding rally. As such, we may see a bullish breakout and a rally toward the resistance at $12,000.

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Re: The sudden Bull Raise
« Reply #9 on: August 03, 2020, 02:01:33 PM »
Im confident that this bull run will sustain for months from here on and it is not a sudden bull run it was building on the last 2 or more years of downtrend and then accumulation phase and its time for the bulls to be completely dominant, i guess.

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Re: The sudden Bull Raise
« Reply #10 on: August 03, 2020, 03:54:36 PM »
I think that the bull run looks certain, and there may be another all time high  or close to that of 2017 target. Bitcoin had continued be resistive in for about two weeks, trading between $9568 to $10k. Ethereum and few altcoins has show tremendous performance since 2019, ether traded for $320, and now it trading between $300 to $379 as at today 03/08/2020. The full bull run is on the way.

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Re: The sudden Bull Raise
« Reply #11 on: August 03, 2020, 04:06:13 PM »
I was too excited lately about the bulls coming in but it was disrupted by some bears which causes some dump on the price of bitcoin. luckily, bitcoin is now slowly recovering from the dump and I hope it will continue to push higher.

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Re: The sudden Bull Raise
« Reply #12 on: August 03, 2020, 06:34:35 PM »
Maybe the next target of eth will be 500. It's a great move in the market after that pandemic. It looks like the crypto market is heavily lacking in liquidity at that time but now it changed. If you check a 24-hour market cap then you will notice a significant change in the market. Also, BTC dominance is around 62-64% which shows that BTC still hold the number one position.
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Re: The sudden Bull Raise
« Reply #13 on: August 04, 2020, 06:27:51 AM »
Im confident that this bull run will sustain for months from here on and it is not a sudden bull run it was building on the last 2 or more years of downtrend and then accumulation phase and its time for the bulls to be completely dominant, i guess.
A cryptocurrency cannot continuously grow in value for a long time. Already, bitcoin is on the verge of leaving for the correction of its price. After all, many will want to fix their profits and they will partially sell bitcoin and other cryptocurrencies. Because of this, the price of the cryptocurrency will fall for a while. There is information that the whales have already begun to withdraw bitcoins to exchanges. Therefore, everything can be. However, in general, the cryptocurrency market should grow in the medium term.

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Re: The sudden Bull Raise
« Reply #14 on: August 04, 2020, 07:13:48 AM »
For me it is too early to say the sign of bullrun however I assume this huge increase can make Bitcoin go to moon and possible to record new all time high. Maybe I would believe that history repeat itself then one bitcoin can cross 20K dollars this 2020.
If we can see this as a sign of bull run then what other things are we still waiting for as a sign. This is no doubt a sign that bull run is here. I understand that we don't want to get our hope dashed and that is why everyone is been careful but we must also wake up to the reality if we don't want to miss out of it. This movement will continue the way it is now.

 

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