Is the market making a bullish comeback?

[dave_strider]

Seeing that the market conditions are now improving and there is a lot of positive news about Bitcoin, this news makes everyone buy and save it for the long term because Bitcoin in the future will likely become more expensive than its current price, so this is a good thing in investing.

This stage is often referred to as “buying on optimism” it’s a stage where market sentiments and positive news that surrounds a particular asset causes investors to develop some kind of optimism in investors resulting to some kind of buying spree, with full expectations of future appreciation in the price of the asset.

The more investors delve into the market due to FOMO, the more the price of Bitcoin continues to increase, thus driving up its value too. This reinforcing cycle can cause some kind of a virtuous loop in the market, where positive news and sentiments drives and instills optimism in the heart of investors, causing them to buy and store more of the asset which of course in turn, further fuels the price of the asset.

Yeah,i strongly agree with you in all you noted.
Buying on optimism or rather, buying on trend basically is when investors seem to purchase bitcoin because of the positive sentiments,market enthusiasm and expectations rather than fundamental analysis by themselves.This i think contributes to a bullish run in the market since part of the determinants for a bullish run requires high demand also.
Going back to the topic or question;Is the market making a bullish comeback?
Well...considering the current market trend and the bullish signs,i'd say the market is showing promise but caution is still strongly advised.

FOMO is always there, lurking in situations like that.
We should all still use the markers that we usually use in order to enter the position or not in the end.

[Dr.Bitcoin_Strange]

Yeah,i strongly agree with you in all you noted.
Buying on optimism or rather, buying on trend basically is when investors seem to purchase bitcoin because of the positive sentiments,market enthusiasm and expectations rather than fundamental analysis by themselves.This i think contributes to a bullish run in the market since part of the determinants for a bullish run requires high demand also.
Going back to the topic or question;Is the market making a bullish comeback?
Well...considering the current market trend and the bullish signs,i'd say the market is showing promise but caution is still strongly advised.

Indeed, and we can also agree that one of the most effective ways to increase the cost of demand is through hype or injecting optimism and positive sentiment into the minds of investors. I agree that the market is indeed showing a progressive come back, but we need to first make our analysis what is causing the market to thrive before making any investment decision, if comeback is only driven by mere hype, then we need to approach the market with extreme caution cos hype can sometimes fall as quickly as it came.

[nakmantu99]

Yeah,i strongly agree with you in all you noted.
Buying on optimism or rather, buying on trend basically is when investors seem to purchase bitcoin because of the positive sentiments,market enthusiasm and expectations rather than fundamental analysis by themselves.This i think contributes to a bullish run in the market since part of the determinants for a bullish run requires high demand also.
Going back to the topic or question;Is the market making a bullish comeback?
Well...considering the current market trend and the bullish signs,i'd say the market is showing promise but caution is still strongly advised.

Indeed, and we can also agree that one of the most effective ways to increase the cost of demand is through hype or injecting optimism and positive sentiment into the minds of investors. I agree that the market is indeed showing a progressive come back, but we need to first make our analysis what is causing the market to thrive before making any investment decision, if comeback is only driven by mere hype, then we need to approach the market with extreme caution cos hype can sometimes fall as quickly as it came.

Sensation sometimes lasts temporarily, if the market is affected by sensation do short-term trading and set reasonable targets. The crypto market is difficult to predict, so we really have to make a mature and close to accurate analysis. My predictions are not always right, sometimes I also experience losses, especially if suddenly there is bad news and the market experiences a sharp correction,\\\\\\\\\,k

[Dr.Bitcoin_Strange]

Sensation sometimes lasts temporarily, if the market is affected by sensation do short-term trading and set reasonable targets. The crypto market is difficult to predict, so we really have to make a mature and close to accurate analysis. My predictions are not always right, sometimes I also experience losses, especially if suddenly there is bad news and the market experiences a sharp correction,\\\\\\\\\,k

Well that’s most likely to happen when you approach the Bitcoin market with the short term strategy or should I say short term trading. Due to the high volatility in the market, it makes it nearly impossible to predict the market in the short term, and no matter how careful you are with your analysis, you may never get to arrive at an accurate prediction. Thus the reason why Bitcoin is best approached with the long term strategy, though we know that past performances may not always guarantee future results but then again, Bitcoin has proven to make pretty good come backs within its previous cycles and thus most likely to continue in the same trend.

[Sim_card]

Yeah,i strongly agree with you in all you noted.
Buying on optimism or rather, buying on trend basically is when investors seem to purchase bitcoin because of the positive sentiments,market enthusiasm and expectations rather than fundamental analysis by themselves.This i think contributes to a bullish run in the market since part of the determinants for a bullish run requires high demand also.
Going back to the topic or question;Is the market making a bullish comeback?
Well...considering the current market trend and the bullish signs,i'd say the market is showing promise but caution is still strongly advised.

Indeed, and we can also agree that one of the most effective ways to increase the cost of demand is through hype or injecting optimism and positive sentiment into the minds of investors. I agree that the market is indeed showing a progressive come back, but we need to first make our analysis what is causing the market to thrive before making any investment decision, if comeback is only driven by mere hype, then we need to approach the market with extreme caution cos hype can sometimes fall as quickly as it came.

We are close to US presidential election and almost to the end of the year, we should expect a bullish trend because the bull run is here but the price pump will soon go above 70k and so on. This is because by Q1 of next year, bitcoin should be able to reach its highest price in this circle. So don't buy because of the market hype but buy because you know what you are doing.

[Ricardo11]

Sensation sometimes lasts temporarily, if the market is affected by sensation do short-term trading and set reasonable targets. The crypto market is difficult to predict, so we really have to make a mature and close to accurate analysis. My predictions are not always right, sometimes I also experience losses, especially if suddenly there is bad news and the market experiences a sharp correction,\\\\\\\\\,k

Well that’s most likely to happen when you approach the Bitcoin market with the short term strategy or should I say short term trading. Due to the high volatility in the market, it makes it nearly impossible to predict the market in the short term, and no matter how careful you are with your analysis, you may never get to arrive at an accurate prediction. Thus the reason why Bitcoin is best approached with the long term strategy, though we know that past performances may not always guarantee future results but then again, Bitcoin has proven to make pretty good come backs within its previous cycles and thus most likely to continue in the same trend.

I also agree with you, it is very difficult to predict the next price movement of a currency like bitcoin, even the price that bitcoin experts estimate with technical analysis those also always unexpected. We can never predict Bitcoin's next movement with certainty. So we should always buy Bitcoin using DCA method, because For us to buy DIP only, we cannot sit around speculating on the next movement of Bitcoin, because our guess is more likely to be wrong and dip may never come in the future. So a new investor should always consider the current price as the best investment price, and keep buying DCA regularly, newbies should always remember that the key to investing in Bitcoin is long-term holding, we can buy anytime, just only hold long-term, So it Will provide us with something good. So continue DCA regularly, DCA strategy is the most effective strategy.

[Dr.Bitcoin_Strange]

We are close to US presidential election and almost to the end of the year, we should expect a bullish trend because the bull run is here but the price pump will soon go above 70k and so on. This is because by Q1 of next year, bitcoin should be able to reach its highest price in this circle. So don't buy because of the market hype but buy because you know what you are doing.

I agree with this statement.
It’s important to do your own research and get your facts right before moving forward to make any buys, and not just because others say Bitcoin is going to experience a bull run pretty soon or because of the optimism of others, because at the end of the day it’s all just nothing but speculations and speculations are not always accurate. A good example is the last concluded Halving, a lot of people were very optimistic about the after results of the halving, even those who didn’t  really understand what Halving is and how it can impact Bitcoin price also joined the moving train to buy some Bitcoin and while we were all expecting a bull run almost immediately, and we all know how it all played out. And those who only joined the hype ended up selling at a loss.

[Gurujebs]

We are close to US presidential election and almost to the end of the year, we should expect a bullish trend because the bull run is here but the price pump will soon go above 70k and so on. This is because by Q1 of next year, bitcoin should be able to reach its highest price in this circle. So don't buy because of the market hype but buy because you know what you are doing.

Less than a week and some days before the election will be conclude but before that, October is about to end judging by the Bitcoin monthly market, October month has always been Uptober for Bitcoin so we should expect a bullish run before the month end and by the time November open, the market could run from there since election is in the first week of November.

I'm sure that very soon we are going to see bull run and Bitcoin will be the first to start it no matter who came first in the election result. We are going to witness another bullrun of the Bitcoin but what I'm not sure about is the altcoins run up along.

[Aanuoluwatofunmi]

The market with the way of its moving pattern may likely increases because the sentiment is high likewise the resistance very strong against bearish, we should always be ready for more bullish trend with the way of the market performance, we should know this and also understand the pattern at which the market is moving through, this will help us to be safe with all our predictions irrespective of the position we are taking.

[JoyMarsha]

We are close to US presidential election and almost to the end of the year, we should expect a bullish trend because the bull run is here but the price pump will soon go above 70k and so on. This is because by Q1 of next year, bitcoin should be able to reach its highest price in this circle. So don't buy because of the market hype but buy because you know what you are doing.

You know what you are doing, and you intend to make huge profits from Bitcoin by Q1 or Q2 of next year. This year is just for the accumulation of Bitcoin, in anticipation of a bull run by next year.

Understanding the fact that Bitcoin wouldn't be at the same price it is currently, by the end of the year is the perfect example of what to expect in Q1 and Q2 of the next year

[erus]

For the Bullish and Bearish period in crypto, I don't understand yet, but I see that DOGE is currently continuing to increase in price. I still remember around last month (maybe early September) the price of DOGE was still 0.09 USD and now the price of DOGE coins has increased to 0.17 USD. In just 2 months, it has been profitable and has provided such a large profit value from DOGE coins. Maybe this is also what they call Bullish because the price of DOGE coins has turned green and increased in price.