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Topic: Bull run again, huh - page 4. (Read 755 times)

full member
Activity: 350
Merit: 190
March 06, 2024, 10:19:50 AM
#14
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.

It is very hard to tell realistic expectations about market sentiments you can assume it is nearly impossible to guess market sentiments 100% so accurately. All the assumptions, expectations, and predictions are made on the basis of analysis which can be wrong or right. The Bitcoin market sometimes moves so unexpectedly. hmm as you are talking about the last bull season where we have noticed a big crash after creating All all-time high of Bitcoin. Market comes to Bear Makret where all those who have made a good amount of profit and booked before the crash had bought buy back to enjoy another bull run which is of current time bull run.

This bull season is going to be very special where bitcoin has already broken its previous all-time high just before the halving event and from this you can have an idea of how the bullsih market is. We will experience a real game after the halving event where we all experience again the market even more bullish. Actuualy, in my opinion, all the reasons behind this, Approvals of Bitcoin ETF, involvement of Big institutions in the bitcoin, Lastly it is bull run all these together make market more and more bullish. But you have to do your own research on it according to the historical analysis and the current analysis of the bitcoin market and its conclusion will help you to have somehow working expectations about the bull season. Many Thanks!
hero member
Activity: 1316
Merit: 727
March 06, 2024, 09:36:38 AM
#13
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
Learn about Double top and compares it with the last bull run of Bitcoin in 2021.

Double Top: Definition, Patterns, and Use in Trading

After hitting a peak, price must be corrected but it can rally after all and make a double top. After that, we will have a bear market and the double top will prolong the bull market, give market makers more time to complete their distribution phase.
hero member
Activity: 2520
Merit: 783
March 06, 2024, 09:19:53 AM
#12
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.

We will never know what will happen next after the bull run occur what's important there is you are well prepared for certain situation might happen like what you have said. There's a chance that history will repeat itself and we see those big dumps that's why its important to know what you want in this season so that no regrets will happen then you will still happy with the result you gain from this season.

We might see different behavior for bitcoin since adoption now is much stronger but we still to be prepare on some possibilities and we should learn from past events happen then not to be so greedy for asking for more that's why its really better to secure when you think its time to do it and never regret any selling decision as long as you are in profit since this is good rather than been caught by a big dump.
hero member
Activity: 1498
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Bitcoin Casino Est. 2013
March 06, 2024, 09:15:56 AM
#11
Bitcoin always repeat its history if you can see that the price of the bitcoin already surpassed its last all-time high and we are now sitting with the 60k price possible there will be a correction when the halving comes and we expect another pump after the coming months but still no one knows just doing an analysis. Currently, I'm expecting that he market will reach around 80k after the halving and in the middle of the year hoping all of the golden hands gets profit if possible we reached the 100k. If you can accumulate as possible and enjoy the bullrun.
legendary
Activity: 2030
Merit: 2174
Professional Community manager
March 06, 2024, 09:13:26 AM
#10
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though.
A realistic expectation would be putting us in the range of a 7× or 8× from the bottom of the current cycle. The bottom of this cycle sits at about $16k and we're at $66k, so we are already at 4× from the bottom, and we have enough room to double from our current position to $120-130k before this cycle runs out.

It certainly can go higher than this.

But is this price fall normal in the bull run?? What is a helpful tip here.
Wasn't normal before that cycle.
A helpful tip would be to not rely too much on the events of the past market to predict the current one.
jr. member
Activity: 70
Merit: 3
March 06, 2024, 09:11:52 AM
#9
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.

It is the natural behavior of Bitcoin. You say it price falls, but bitcoiners calls it correction. If you ask me what I expect from the bull run, Bitcoin will hit another all-time high and most of the alts will rise up to 5x if the bull run continues for more than three months. This is what I am expecting from Bull Run. The question is how long the bull run will be on the market? The answer, nobody knows!

The halving event is ahead and I consider this is just beginning of the bull run. I believe the bull run should stay more than three months if something bad does not happen. But, if some companies decide to sell a big amount of bitcoin, we may see panic sell as well.
hero member
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Merit: 539
★Bitvest.io★ Play Plinko or Invest!
March 06, 2024, 08:31:35 AM
#8
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.

If you know much about bitcoin in cryptocurrency, you should be able to discover that there's no how you can expect the market without being volatile, we have seasons in bitcoin, the bull season and the bear season, we have circles as well where we can accumulate, dispose and the rest, the price fall will determine the current season we are into, the rate of bitcoin supply to demand, the market sales and investors capitalization on bitcoin along with other macro and micro economical influence which are all part of what make up why the market is being volatile to either rise or fall on a particular time.   
full member
Activity: 994
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★Bitvest.io★ Play Plinko or Invest!
March 06, 2024, 08:09:07 AM
#7
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.

Hey! Welcome to the forum.  Yeah, that huge spike upwards in Bitcoin's price back in March 2021 definitely caught some attention.  Went soaring up before coming back down hard - even when things are looking optimistic overall in crypto, that kinda rollercoaster ain't out of the ordinary.  But you need to understand that at that time there were also some external factors that influenced the rapid price drop, such as Musk's decision on Tesla and Bitcoin.

I know those sudden drops can feel scary af.  But here's a lil tip if the daily turbulence gets you feeling uneasy: dont sweat it too much.  Keep the long term vision in mind.
legendary
Activity: 1596
Merit: 2588
Top Crypto Casino
March 06, 2024, 07:52:18 AM
#6
So, you're saying the price fall during the bull run is perfectly normal?

Well, it all depends on what you think a bull run really means.  Typically, a bull run is an extended period of price increases, but even a bull can take a breather occasionally.  There might be some drops or pullbacks during a bull run but then the market finds its footing again and keeps charging ahead and  as long as the general trend is up, up, up over time, I'd call that a bull market.  But if prices start crashing and dont recover falling lower and lower, then the bulls have left the building.  So to me, it's about the big picture - prices marching higher over an extended period.  A few stumbles don't necessarily kill a bull run if buyers keep stepping in.  Of course, others may have different views on what makes a true bull run.
hero member
Activity: 2884
Merit: 620
March 06, 2024, 07:52:12 AM
#5
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
I assume you're talking about the crash that has happened several hours ago and yes, that's a normal thing to see prior to bull run and halving. Even if we're already in the bull run, that doesn't mean that we're not going to see some corrections. Expect some bigger corrections because of how quick the price moved up for Bitcoin.

My tip for you is you just keep calm and you don't do anything when you see the crash happens. Otherwise, use that moment for you to collect some more Bitcoin because that's another window for us to buy before the higher price attains by Bitcoin.

Many have panicked and probably sold at losses because they're new to this but don't panic when you see these crashes because they're part of the growth of the market for it to reach another level of high.
hero member
Activity: 462
Merit: 767
#SWGT CERTIK Audited
March 06, 2024, 07:38:16 AM
#4
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.

It is the natural behavior of Bitcoin. You say it price falls, but bitcoiners calls it correction. If you ask me what I expect from the bull run, Bitcoin will hit another all-time high and most of the alts will rise up to 5x if the bull run continues for more than three months. This is what I am expecting from Bull Run. The question is how long the bull run will be on the market? The answer, nobody knows!

The halving event is ahead and I consider this is just beginning of the bull run. I believe the bull run should stay more than three months if something bad does not happen. But, if some companies decide to sell a big amount of bitcoin, we may see panic sell as well.
jr. member
Activity: 70
Merit: 3
March 06, 2024, 06:47:03 AM
#3
Bitcoin is known for rapidly rising and falling in a cyclical fashion. Nobody can tell you what a realistic expectation for a new ATH will be and those who try will mostly be wrong. It's even hard to tell how many times Bitcoin's volatility cycles will continue to repeat themselves or at which point it will plateau. Check out historic price charts to get a feel for Bitcoin's highs and lows during each periods, but be aware that no one can tell you what the future holds.

Most importantly, don't focus on the price. If you want to invest in Bitcoin merely because it performed well in the past, you're likely to get burned. Inform yourself what Bitcoin is all about and how it works. Then decide for yourself if it's a worthwhile investment (assuming that is your underlying question).
So, you're saying the price fall during the bull run is perfectly normal?
legendary
Activity: 2912
Merit: 2066
Cashback 15%
March 06, 2024, 06:20:23 AM
#2
Bitcoin is known for rapidly rising and falling in a cyclical fashion. Nobody can tell you what a realistic expectation for a new ATH will be and those who try will mostly be wrong. It's even hard to tell how many times Bitcoin's volatility cycles will continue to repeat themselves or at which point it will plateau. Check out historic price charts to get a feel for Bitcoin's highs and lows during each periods, but be aware that no one can tell you what the future holds.

Most importantly, don't focus on the price. If you want to invest in Bitcoin merely because it performed well in the past, you're likely to get burned. Inform yourself what Bitcoin is all about and how it works. Then decide for yourself if it's a worthwhile investment (assuming that is your underlying question).
jr. member
Activity: 70
Merit: 3
March 06, 2024, 05:11:34 AM
#1
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given  the last one in March 2021, Bitcoin hit  $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
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