Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Claus on October 06, 2018, 01:42:52 AM
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While most of the people are awaiting the massive bull run like in 2017 winter again, it will not be a case again. While I wish BTC to go into new ATH before the end of this year, I think that reaching 13K to 14K gradually testing every pivotal point before the end of this year is more realistic and more healthy for the market too.
I am bullish in Bitcoin doesn't mean I am expecting parabolic run every time bulls ticks on. The 20K level that bitcoin reached last year was an enormous craze and mostly FOMO and/or may be manipulation which will not happen again and again. So, the people who bought at 20K will have to wait for a few more years for that massive bull run to return, that's why they always say "patience is key".
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Bull run will only happen for a moment. Usually a bull run occurs around the end of the year, where all the coins will be pumped higher and more valuable. And that's when people will sell their investments on a large scale.
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Yes, BTC bull run will only occur temporarily. That will stop when a bull market has occurred. And at that time the price of the coin will go down again because there will be many investors selling the coins.
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it is true that 2017 is a very extraordinary thing, and it is true that for the price of 20k, I think we have to wait even longer in the past few years.
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Of course, I also think that there will hardly be a bull trend at the end of this year. Bitcoin is not predictable enough to expect the same growth every year at the end of each year. It is impossible to even predict what the price will be in an hour, because a pump or dump can occur at any time due to well-organized market manipulations.
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Now not many people believe that at the end of the year there will be a rise in prices, like last year. Some people are not even sure that it will be in 2019 and they say that growth should be expected no earlier than 2020. All these statements are quite likely, because at the moment there are no prerequisites for rapid growth, the opponents of Bitcoin intensified and put pressure on him.
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It's right that "patience is the key". Because, in the world of cryptocurrency it's always uncertain to why prices drop or rise, it can happen at any time. It's the best if the users hold onto the coins without losing patience.
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I guess I'm on your side. Bull run seems to not exist this year. I follow the chart and it's impossible to the market to recover that high. Not unless whales will manipulate price and pumps it up until reaching above $20k. The gradual increase and decrease seems to me a never ended story to the rest of 2018 calendar. Price is still on $6k support and when it pumps it return immediately to bottom.
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Still it is uncertain how much the price can go up and it is tough to predict that too. But I am hopeful that the price will exceed the last years peak. I just love to believe that and let's see who wins.
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right because bitcoin is never certain, up and down the value of bitcoin no one can manage and predict it, all must be based on patience if you want to survive to hold bitcoin
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bull run usually occurs once a year, and the cost will occur at the end of the year, and that happens very briefly, and that time is what many people are waiting for now
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Recovery after BTC crash 2014 take 2,5 years, this one need i don't know how much, honestly. I hope it takes a year to recover even to 15k
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I agree. This forecast seems to me the most realistic, because every year I did not repeat my movement on the diagram, and the next explosive growth will most likely be somewhere in a year or maybe two!