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Topic: Are we now on Crypto bull run? (Read 2445 times)

hero member
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Campaign Management?"Hhampuz" is the Man
October 12, 2023, 06:52:11 AM
No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.
Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.

We still have a lot of months to go mate before we can see the bull run or see a big increased and rally. It all depends on the block halving and it is scheduled on March if I'm not mistaken.

So that is 6 full months to go, half a year so for me it's a long way to go. So what we can do right now is to just sit back and maybe we can just continue to accumulate as much BTC and prepare for the eventual bull run and yeah, if everything will go as plan then we might see bitcoin exceeding $100,000.

If you believe that it will going to happen better to keep adding with your asset and hold it till the time that you'll see or experienced the pump.

Like you mentioned still have 6 months but maybe the pump may happen any moment, spark may trigger interest from different
venues of investors.

As of now, timing is really important. Keep doing your research and wait for news that may bring more investors inside. It will
start the possible bull and create hypes to the market.
hero member
Activity: 2968
Merit: 687
October 11, 2023, 04:50:42 PM
No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.
Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.

Usually, bitcoin starts rallying after a few months of halving. Bitcoin halving is a catalyst event, but it is not enough to cause a rally. Approval of bitcoin ETFs and other factors can create momentum in the market. The approval of the ETF will bring a large group of investors to the market though they will not directly invest in bitcoin but their asset managers will. We can see a new ATH at the end of 2024 or at the beginning of 2025.
but about this mate , since when that the Bitcoin halving did not cause the rally?  ETF? we have been waiting for this approval for years now and even passes another Halving yet we carry to reach another ATH without that Approval of ETF.
if then meaning that Halving itself is enough to bring increase and another Hype to the market.


We dont need hype on this market but rather an organic kind of increase on which it is really that something that much preferred rather than on seeing a huge long green candle stick on short time. We dont want that but we cant really be able to avoid not to think about those moments on which FOMO is really that building up. Its true that whenever Bitcoin halving approach and after of the event then this is where usually bull run would kick in on which it would really be just that so common that impressions and ancitipations would really be sticking into this particular moment or time on which it would really be that so normal that people would really be eyeing out on bull run event on post halving season. Any movements or increase before that halving is really just that those pre-pumps made out by some hype or some accumulation
on which it is really that something common. We do know that its not really that something that new anymore.

If you've been on this market for those couple of halving season then for sure you are really that fully aware on what are the things that could possible happen.Although it wont really be that
an assurance that it would really be happening for next years halving season because it would really be always entirely be depending on the community demand and recognition and there's no way
on knowing on how it would look like considering that this market is always that totally random and unpredictable which its better that you do take up actions and always having that
back up plans if ever the market would turn out to be different.
hero member
Activity: 2058
Merit: 710
October 10, 2023, 08:30:30 AM
but about this mate , since when that the Bitcoin halving did not cause the rally?  ETF? we have been waiting for this approval for years now and even passes another Halving yet we carry to reach another ATH without that Approval of ETF.
if then meaning that Halving itself is enough to bring increase and another Hype to the market.
From the previous facts, everyone can see that the halving can have a pretty good rally impact in the market for Bitcoin so we all don't need to worry about that. Because in the next halving, it is still possible for everyone to see a better increase and hope for a new ATH in Bitcoin even though Bitcoin needs to increase better before entering next year. Because price increases will look better if they occur slowly and gradually every month, not if they occur vertically with uncertain staying power.
full member
Activity: 2170
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“FRX: Ferocious Alpha”
October 08, 2023, 07:23:58 AM
No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.
Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.

Usually, bitcoin starts rallying after a few months of halving. Bitcoin halving is a catalyst event, but it is not enough to cause a rally. Approval of bitcoin ETFs and other factors can create momentum in the market. The approval of the ETF will bring a large group of investors to the market though they will not directly invest in bitcoin but their asset managers will. We can see a new ATH at the end of 2024 or at the beginning of 2025.
but about this mate , since when that the Bitcoin halving did not cause the rally?  ETF? we have been waiting for this approval for years now and even passes another Halving yet we carry to reach another ATH without that Approval of ETF.
if then meaning that Halving itself is enough to bring increase and another Hype to the market.

hero member
Activity: 1232
Merit: 516
October 06, 2023, 02:35:06 PM
No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.
Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.

Usually, bitcoin starts rallying after a few months of halving. Bitcoin halving is a catalyst event, but it is not enough to cause a rally. Approval of bitcoin ETFs and other factors can create momentum in the market. The approval of the ETF will bring a large group of investors to the market though they will not directly invest in bitcoin but their asset managers will. We can see a new ATH at the end of 2024 or at the beginning of 2025.
hero member
Activity: 2058
Merit: 710
October 06, 2023, 11:21:44 AM
Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.
In mid-July this year, Bitcoin once exceeded the price of $30K and that was only in a very short time, so I also still hope that there will be better changes in the Bitcoin market so that a new history can be formed in Bitcoin when the halving is starting to approach. Because I still quite believe that a bullish trend can still emerge and Bitcoin is very likely to increase sharply to make greater history, although I don't think that this can be seen soon in the near future or this year to be more precise.
legendary
Activity: 2338
Merit: 1023
DGbet.fun - Crypto Sportsbook
October 06, 2023, 07:56:05 AM
No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.
Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.

We still have a lot of months to go mate before we can see the bull run or see a big increased and rally. It all depends on the block halving and it is scheduled on March if I'm not mistaken.

So that is 6 full months to go, half a year so for me it's a long way to go. So what we can do right now is to just sit back and maybe we can just continue to accumulate as much BTC and prepare for the eventual bull run and yeah, if everything will go as plan then we might see bitcoin exceeding $100,000.
I agree that the halving is a strong catalyst for us to have a bull market but I don't think it is the only factor, so I disagree when you say it all depends on halving. I think that macro factors such as the world economic situation also have a significant impact on the market.

We started bear season at the end of 2021 and we've been able to survive this far, so I don't think 6 months is a long time. It will pass very quickly, so let's take advantage of the time to accumulate more before we no longer have the chance. I believe the remaining 6 months may be our last chance to buy bitcoin for under $30k.
hero member
Activity: 1414
Merit: 542
October 06, 2023, 02:46:28 AM
No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.
Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.

We still have a lot of months to go mate before we can see the bull run or see a big increased and rally. It all depends on the block halving and it is scheduled on March if I'm not mistaken.

So that is 6 full months to go, half a year so for me it's a long way to go. So what we can do right now is to just sit back and maybe we can just continue to accumulate as much BTC and prepare for the eventual bull run and yeah, if everything will go as plan then we might see bitcoin exceeding $100,000.
sr. member
Activity: 644
Merit: 321
I like to treat everyone as a friend 🔹
October 05, 2023, 12:48:36 AM
No, we are not on a crypto bull run at right now. Because the price of Bitcoin has been around 30k for quite meny time and this 30k cannot break any way. Rather it is going down. Howover we are not on a crypto bull run now but we are going to see a big crypto bull run after some time. So that 30k not 40k not 50k not, it like 100k will break the level and create a very big ATH.
Although we are not in a bull run at the moment, we can expect to be in this state very soon. The price of Bitcoin has not increased much this year but has remained stable. As we have noticed that Bitcoin has not been able to go above $30,000 in this new year, but it has always gone down and back to that position. We won't compare BTC to a bull run until we see a change in the Bitcoin market. Since we have a big halving ahead of us, we are trying to expect big things from Bitcoin. We are not in a bull run now, but we will see a bull run very soon, when the bitcoin halving happens. When the market starts bullish, Bitcoin will break all its past records and make new history when the price of Bitcoin will exceed $100,000.
hero member
Activity: 2058
Merit: 710
September 29, 2023, 07:58:17 AM
I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.
How do you use references to altcoins like LTC to use as a reference for Bitcoin in terms of price changes? Because I think Bitcoin and any altcoin have very different movements in the market, so in my opinion this reference is still not suitable as a reference because Bitcoin always moves differently from other cryptocurrencies in the market.

It has been observed in the past that the BTC price increased slightly after 3 months of halving. Major price hike occurs after 12 to 18 months of having. After the 2024 halving event, we will see the same trends repeating, but this time, because of institutional investors, I think we might see a pump to the new ATH a bit sooner than we previously observed. But before that, the chances are that the market will dip in the coming months.
I don't think that ATH will be seen any faster after the next halving is over, but it could happen if there are many investors who would be very happy to continue buying Bitcoin in large quantities. Because the encouragement from buying will have a greater effect on increasing the price of Bitcoin in the market when the next halving is over.

Quote
Holding is the ultimate option for every crypto investor. At the moment, the $35k-$40k level seems far-fetched. The predictions are that the BTC price will not go past $30k, and we might see a dip below $20k before 2024 halving.
I think $30K is a reasonable price to expect this year for everyone, but I think a price drop below $20K could also be very difficult if market conditions remain as they are now. Because you can see how Bitcoin is moving from $26K to $27K slowly and that could give Bitcoin some resistance to get to $30K before the halving occurs next year.
hero member
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Buzz App - Spin wheel, farm rewards
September 28, 2023, 06:42:02 AM
I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.

It has been observed in the past that the BTC price increased slightly after 3 months of halving. Major price hike occurs after 12 to 18 months of having. After the 2024 halving event, we will see the same trends repeating, but this time, because of institutional investors, I think we might see a pump to the new ATH a bit sooner than we previously observed. But before that, the chances are that the market will dip in the coming months.


The majority of crypto investors had no other option than ultimately be hodling and accumulating bitcoin throughout this downtrend movement of bitcoin price since it appears that our predicted price of bitcoin, which we expected to be at least around $35k–40k towards the end of the year, will not be achievable this year. It will be in the same way a thoughtful idea for us to use a DCA method throughout this downtrend movement of bitcoin price until the green candlelight starts


Holding is the ultimate option for every crypto investor. At the moment, the $35k-$40k level seems far-fetched. The predictions are that the BTC price will not go past $30k, and we might see a dip below $20k before 2024 halving.


sr. member
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#SWGT CERTIK Audited
September 28, 2023, 12:35:21 AM
Retail investors will definitely see what happens with the news on social media especially in FOMO is likely to affect their emotions after seeing some fud coming made by the whales to manipulate prices to buy at low prices while retailers sell in urgency and panic.

They believe the halving event will go up because they see the previous history although there is no strong foundation what happens in the future will be the same or not, but still many people believe including myself with the next halving will trigger the bullish coming.
Regarding negative or positive market trends, it will always come, we must be wise to draw conclusions, especially when taking decent profits.

that's why Potential buyers should be wary of something like this and Traditional investors still view bitcoin as opaque and highly speculative with the potential for collapse.

Yes. It's true, indirectly many holders can't stand it and get emotional so they easily give up some of their BTC holdings.
legendary
Activity: 2394
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Smart is not enough, there must be skills
September 27, 2023, 11:36:09 PM
[...] it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.
Retail investors often find themselves ensnared by news events, in contrast to institutional investors who possess the power to influence candlestick movements. The significant impact remains under the control of asset holders with substantial quantities and those with media access to manipulate public emotions.

Indeed, the halving event can trigger a sharp price increase, but we must remain vigilant as it is not guaranteed by any robust foundation. Market trends could potentially diverge or not align with the expectations of the majority of speculators, a scenario that frequently materializes. I will continue to hope for a bull run in the market after the halving, but I will also exercise caution regarding the worst-case scenario that could potentially unfold, ensuring the safety of my finances.
Retail investors will definitely see what happens with the news on social media especially in FOMO is likely to affect their emotions after seeing some fud coming made by the whales to manipulate prices to buy at low prices while retailers sell in urgency and panic.

They believe the halving event will go up because they see the previous history although there is no strong foundation what happens in the future will be the same or not, but still many people believe including myself with the next halving will trigger the bullish coming.
Regarding negative or positive market trends, it will always come, we must be wise to draw conclusions, especially when taking decent profits.
sr. member
Activity: 924
Merit: 365
September 27, 2023, 04:58:11 PM
Obviously, if we look at the market today, we are still in a downtrend scenario. There are many things to consider in order to place the market in an uptrend, and that will depend on what happens to Bitcoin or cryptocurrency investors and the news that will come about it.

In addition to that, the bounce is not enough to recover and change position towards the uptrend. Due to the volatility of the market today, it is still very difficult to determine whether it will kick strongly or not, so let's see and watch while we hold the bitcoins we have.
The majority of crypto investors had no other option than ultimately be hodling and accumulating bitcoin throughout this downtrend movement of bitcoin price since it appears that our predicted price of bitcoin, which we expected to be at least around $35k–40k towards the end of the year, will not be achievable this year. It will be in the same way a thoughtful idea for us to use a DCA method throughout this downtrend movement of bitcoin price until the green candlelight starts
member
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September 26, 2023, 10:47:21 PM
Right now around September we dont really see a lot of movement in the market and I really doubt it since September wasn't really a good month for cryptocurrency in the past years, I think we are surely gonna sustain around this market price, 15k was surely has a very low chance to drop that low considering the cryptocurrency and Bitcoin adaptation to a lot of countries I dont think we can still drop that low, Probably 20k$ was still possible.

For sure we are still on the Bear market considering the All time-high market price was around 70k$ so there is still a lot of room for the price of Bitcoin to increase up to 70k$ we could easily reach and surpass this market price because the cryptocurrency adaptation, In my opinion, it is possible that the Bull run is going to be around mid-2024 - 2025 after the Bitcoin halving event we surely could see a bit of movement before the Bitcoin halving because it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.

I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.
hero member
Activity: 1470
Merit: 555
dont be greedy
September 26, 2023, 09:42:59 PM
[...] it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.
Retail investors often find themselves ensnared by news events, in contrast to institutional investors who possess the power to influence candlestick movements. The significant impact remains under the control of asset holders with substantial quantities and those with media access to manipulate public emotions.

Indeed, the halving event can trigger a sharp price increase, but we must remain vigilant as it is not guaranteed by any robust foundation. Market trends could potentially diverge or not align with the expectations of the majority of speculators, a scenario that frequently materializes. I will continue to hope for a bull run in the market after the halving, but I will also exercise caution regarding the worst-case scenario that could potentially unfold, ensuring the safety of my finances.
sr. member
Activity: 1820
Merit: 436
September 26, 2023, 09:36:10 PM
Are we now on crypto bull run or this yet to be go down futher more down than 15500?

Right now around September we dont really see a lot of movement in the market and I really doubt it since September wasn't really a good month for cryptocurrency in the past years, I think we are surely gonna sustain around this market price, 15k was surely has a very low chance to drop that low considering the cryptocurrency and Bitcoin adaptation to a lot of countries I dont think we can still drop that low, Probably 20k$ was still possible.

For sure we are still on the Bear market considering the All time-high market price was around 70k$ so there is still a lot of room for the price of Bitcoin to increase up to 70k$ we could easily reach and surpass this market price because the cryptocurrency adaptation, In my opinion, it is possible that the Bull run is going to be around mid-2024 - 2025 after the Bitcoin halving event we surely could see a bit of movement before the Bitcoin halving because it could easily attract a lot of investors like what happened in the past if we are near the event, then after that it is going to drop down a few percentage, then somewhere after the Bitcoin halving event we could expect the Bullrun and that's the time that we could possible reach the 100k$.
sr. member
Activity: 2422
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Hire Bitcointalk Camp. Manager @ r7promotions.com
September 26, 2023, 07:39:11 PM
Obviously, if we look at the market today, we are still in a downtrend scenario. There are many things to consider in order to place the market in an uptrend, and that will depend on what happens to Bitcoin or cryptocurrency investors and the news that will come about it.

In addition to that, the bounce is not enough to recover and change position towards the uptrend. Due to the volatility of the market today, it is still very difficult to determine whether it will kick strongly or not, so let's see and watch while we hold the bitcoins we have.
It seems that there are no signs of a very significant change; the market is still not improving because there is a lot of dependence on the world economy, which has not yet recovered evenly, resulting in reduced purchasing power, which also has an indirect impact on crypto.It is clear that investors will continue to wait patiently for market developments from time to time. If it corrects again, of course many will buy, and that will have a positive impact.because there will be many who will buy back and, after that, hold and wait for the market to improve and increase to be able to sell to get a profit according to the goals they want to achieve.Agreed, we will continue to wait for developments in the next few months; hopefully the correction will reflect the improvement.
hero member
Activity: 2058
Merit: 710
August 31, 2023, 11:15:58 AM
The win with Grayscale on the SEC lawsuit isn't that bullish at all considering they can still deny the spot ETF if they will file for it again. What needs cleansing is the SEC internally and that for sure will be the best win we can have in this space. Historically, September isn't the best month for Bitcoin but I think if BlackRock gets an approval as well that would really be a turning point.
It turns out that there is still drama that could occur around the SEC and also internally related to Bitcoin at this time, I can't stop thinking about this because in fact I am expecting a more significant price increase in Bitcoin at the end of this year and it turns out that on the other hand we all have to hopes that BlackRock can get that approval also this year so that it can have an impact on a bigger pump in Bitcoin before the year ends.
legendary
Activity: 2478
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Be A Digital Miner
August 30, 2023, 02:26:41 AM
But what has happened throughout this year is that the price of Bitcoin has always increased to 30k after experiencing a correction and I think the price of 30k is a stable price for this year.
Right now it's doing a slow correction but I think it will recover and get back to a price close to 30k, I'm not sure we're going to go much further this year.
Today there was a price bounce which probably surprised me a bit as Bitcoin rose from around $26K to over $27K in the market in just a short time. So I'm also pretty sure that within this year Bitcoin will still be able to reach $30K and even more than that even though it won't be too far because this year only leaves about four months left before entering 2024.


The win with Grayscale on the SEC lawsuit isn't that bullish at all considering they can still deny the spot ETF if they will file for it again. What needs cleansing is the SEC internally and that for sure will be the best win we can have in this space. Historically, September isn't the best month for Bitcoin but I think if BlackRock gets an approval as well that would really be a turning point.


It was an important victory for us. Of course, the SEC can still reject the ETFs, but the problem will be more difficult for them if they continue to reject it without a good reason, I think the SEC will not want to anger the jury. In my opinion, it is only a matter of time before the ETF is approved, they cannot delay it forever without a good reason. But getting an ETF approved this year is not easy. I think they will find a way to prolong it and will only accept it when the time is right.
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