What is the signal of the bull market?

in blockchain •  6 years ago 

It is a complicated question, I do not know either. I am looking forward to the bull market everyday too.

For the most of us, we believe that the bull market will come every four years. Because the mining of Bitcoin will reduce a half every four years. So in many people’s opinion, the bull market will come at the end of 2019.

When we think the bull market will come at the end of 2019, we will buy bitcoin at that time, the price rises, the bull market comes. I think this is why the bull market will come at the end of 2019. On the other hand, when people realize that bitcoin is important to their lives no matter how much bitcoin there is, they will also buy bitcoin. In this way, the price of bitcoin will rise. The bull market may come.

Here is a question, how to let people think bitcoin is important to their lives. I think when blockchain technology changes our lives and make them different from they used to be. In this condition, people will realize the importance of blockchain and buy some bitcoin. More and more people buy bitcoin, the bull market is more likely to come. I do not really know when and how blockchain technology will change our lives, but I think with so many people’s strive, that day will come soon.

I would like to analyse the price. In 2018, the price fell. But the bitcoin stopped falling and stayed at 6000 for a long time. When it came to 6000 at the first time, many people sell their bitcoin, as time went by, fewer sold, the price is stable at 6000. I think people who do not sell bitcoin at 6000 will not sell them at much lower price. I think it is safe to buy some bitcoin now. Do not rush, use money you afford to lose.
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