Quote from: TravelMug on July 24, 2018, 02:14:47 PM

Quote from: thecodebear on July 24, 2018, 06:06:25 AM

It seems likely that this recent third bottom of 2018 was the final bottoming out. Don't think price is gonna start going crazy or anything now, though it might go crazy until the ETF verdict, but generally I think we're right at the start of a new bull market.

The last bull market lasted about 2.5 years from mid-2015 to end of 2017. How long do you think this one will be?

I could see it lasting until late 2019 or maybe even late 2020 past the next halving. I think we'll see or get close to $100k on the peak of the next bull run in less than 30 months. I think institutional investors and traditional retail investors (like through ETFs) will drive this bull run, with of course another round of serious FOMO from the public eventually just like late last year.

Now is the time to get in if you're smart money, whether hodling or trading.

This bull run will only last up to the verdict by the SEC - approval or denial. So if the SEC approves it then we might see the bull run sustain it runs. FOMO will pump fresh money again but its really hard to say what will be the price or how long this bull run (if ever) will go. However, a reversal might be in the horizon when a denial is issued again by SEC.

Hope there will be a good news from SEC and this would ba a reason behind current spike. Bringing legislation to crypto in its countru is an another positive news on standardizing crypto moment in its country. So a good news can be heard soon. I am sire this spike will continue and we can see $9k crossing earlier next month. The noal track is back.