Post
Topic
Board Bitcoin Discussion
Re: If the bull market recur periodically, how long dose a cycle take?
by
crwth
on 22/10/2018, 00:32:16 UTC
Many in this forum seem curious about the pattern of the bull run but I guess there is no certain pattern towards it, and maybe it just comes and goes it is just an event that happens without a warning and last for just a couple month, But I really think even if we are not in the bull market bitcoin still have a decent price, to begin with and we should consider looking forward on the future price than worrying so much about the dropping price for now, And in my opinion for the time being it is a great time in acquiring bitcoin because we can never know when the bull run starts.
I have read it that since September, a lot of people are expecting that Bitcoin would rise in price and other cryptocurrencies as well. No one would be able to predict unless some whales have some different intention with its price. I like the idea to acquire more and more in a cryptocurrency, it's best to be like that.

If it was possible to predict the length of the cycle, then there would be only millionaires on this forum Smiley In the speculation section there are thousands of posts about what will happen in the near future. And as usual, some believe that at the end of this year the price of BTC will be above $10k, and others that it will fall to $4k. I think that the truth is in the middle and the price should start growing slowly now. So in my opinion, we are at the beginning of new cicle.
I think that was the different indicators are for in a chart, but you can never be sure of that. I have met with some experienced traders that they have a strategy and a method to determine what's going to happen but that's all a load of crap calling their failed calls to other names, but what all they have in common is they know how to discipline themselves and put trade cut loss if they know it was a wrong call.