Post
Topic
Board Bitcoin Discussion
Re: BTC parabolic bull run will not happen everytime
by
Harrow30
on 13/07/2018, 19:35:21 UTC
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 a 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 few more years for that massive bull run to return, that's why they always says "patience is key".


Someone close to me in this cryptocurrency business did say recently that he doesn't see the bull run of late last tear happening this year again; towards the last quarter. We might as well just forget about the high hopes for this year. There is now quite a lot involved to impede the bullish run for this year. But surprises are bound to happen in the cryptocurrency world so the space for FOMO/FUDS and pumpers/market manipulators are still available for the expected bullish run.