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Topic: Are we now on Crypto bull run? - page 13. (Read 2340 times)

legendary
Activity: 2674
Merit: 1048
February 06, 2023, 06:46:38 PM
#89
One thing that you should always hold on to ... in the long run it's always bullish , always a great time to buy . Those who feel it's going down didn't see it coming , if you zoom out the charts .. you'll see the bull run is on , so yeah ... stick to the long term one and you'll see the bull.

Yet you need to stay away from put it on single basket!
hero member
Activity: 2072
Merit: 811
February 06, 2023, 06:32:14 PM
#88
Are we now on crypto bull run or this yet to be go down futher more down than 15500?


No, at earliest you could say bear market is over when we break out of the bottom range, which is ~$25 and under. So price is still in the bottom range that has held since last July. FTX collapse just caused a short term little bit deeper pit in the bottom range.


Once Bitcoin breaks through $25k it will likely move a good bit higher than that pretty quickly. At that point bear market will be over and I guess technically you could say it is a bull market at that point, but like the main bull run period won't start until around when Bitcoin breaks the ATH of $69k as that is always the start of the main post-halving bull run. So that should happen late 2024 or early 2025.
sr. member
Activity: 2282
Merit: 266
Degens.bet - On-chain 1000x Futures
February 06, 2023, 06:27:21 PM
#87
Of course we agree that earlier this year is a good thing because it has risen more than 25%, prices skyrocketed from $ 17k to $ 22k in a short time, this proves that Bitcoin always has power for rising, I'm sure in 2023 prices can touch at least $ 45k or up more than 100% compared to the current price.

In the long run, bitcoin will always have the strength to go up, I never doubted it, but in the short term, it is very difficult for us to say what is happening is a bull run or a bull trap. I think the expectation of $45k this year is very high, I don't think bitcoin will be able to reach that level. I hope by the end of the year, bitcoin can reach 30k dollars.
views that indeed can always reveal something different about bitcoin, this is very dynamic will always be the subject of discussion and analysis which is very interesting to put forward.
the increase from the beginning of the year indeed bitcoin has made a surprise and this is a very high increase, but will it continue to improve or is this just a momentary surprise that happened.
seeing the current world phenomenon that is still entering an economic crisis will obviously also have an impact on bitcoin because the ability to shop is reduced. but will this crisis run faster and will bitcoin get better? of course there is always a possibility but due to the May 2024 halving era, I doubt bitcoin will be able to do better than 2022, but let's wait.
hero member
Activity: 2926
Merit: 722
Leading Crypto Sports Betting & Casino Platform
January 30, 2023, 07:44:06 PM
#86
-snip-
I was expecting a bull trap when we went from 17k to 22k in just 2-3 days. Currently, however, it looks very stable and I don't see why we will fall below 20-21k yet.
According to a Reuters report, the Fed sees an end to constant rate hikes because inflation has slowed sharply. An end, if one can speak of it, is expected in March.
If that really is the case, a lot of capital will flow back into other areas - including cryptos.

Therefore, I do not see a price drop for the time being.
Yes, at first I also expected a bull trap, but luckily this has not happened so far. Your thoughts and information are very good. It would be nice if that were to happen. Either way, I remain suspicious. The year is still long and I don't expect a real bull run before the next halving. But I can also be wrong. The next few months will certainly remain exciting.  Smiley

Most of us would consider it a bull trap, but bitcoin has been up for over 2 weeks, so it can't be called a trap, but we still can't say this is a sign of the bull season as we are more than 380 days away from the halving.

There is no basis for the Fed to stop raising interest rates, although inflation has decreased, it is still very high, and the risk of the economy entering a recession is still lurking for us. It cannot be concluded that the economy is stabilizing again as the war between Russia and Ukraine grows more intense.
Cant be considered as bull trap but rather a typical correction yet the price had able to hit up some several resistances which we do know that it is really normal for a market to have this kind of behavior on which

whether you could say it was a bull trap when you do make out some long positions and a bear trap when you do short position.We do always have something to say which its never been that
surprising considering that this market is always been that unpredictable.

This is why i dont make myself that confident when it comes to this kind of approach where bull run or bear could happen in an instant or without us knowing.
hero member
Activity: 2240
Merit: 579
Degens.bet - On-chain 1000x Futures
January 30, 2023, 04:56:01 AM
#85

There is no basis for the Fed to stop raising interest rates, although inflation has decreased, it is still very high, and the risk of the economy entering a recession is still lurking for us. It cannot be concluded that the economy is stabilizing again as the war between Russia and Ukraine grows more intense.

What do you think the Fed needs to stop increasing rates? No one said that they will fall instantly. But with the slight decrease in inflation, there is no need to make further increases, because every interest rate increase has pushed the Bitcoin price down.

So the same interest rate could mean that the bitcoin price can slowly but surely stabilize again. But as always... all just speculation Wink

I have read several reports, as well as predictions of economists, that the Fed's halt to interest rate hikes will definitely not happen in the first quarter of 2023. There is at least one more interest rate hike for inflation to really drop, then we will think about stopping interest rate increases but keeping interest rates unchanged, not removing interest rates altogether.

But we also don't need to worry too much about the interest rate hike in March because it is likely that they will only increase at 0.25% and will not have a serious impact on financial markets. If there are no surprises from the war between Russia and Ukraine, we can expect an economic recovery this year, but for a boom it will probably take 2024 or 2025, IMO.
legendary
Activity: 1260
Merit: 1954
January 29, 2023, 12:41:08 PM
#84

There is no basis for the Fed to stop raising interest rates, although inflation has decreased, it is still very high, and the risk of the economy entering a recession is still lurking for us. It cannot be concluded that the economy is stabilizing again as the war between Russia and Ukraine grows more intense.

What do you think the Fed needs to stop increasing rates? No one said that they will fall instantly. But with the slight decrease in inflation, there is no need to make further increases, because every interest rate increase has pushed the Bitcoin price down.

So the same interest rate could mean that the bitcoin price can slowly but surely stabilize again. But as always... all just speculation Wink
hero member
Activity: 2240
Merit: 579
Degens.bet - On-chain 1000x Futures
January 29, 2023, 09:39:03 AM
#83
-snip-
I was expecting a bull trap when we went from 17k to 22k in just 2-3 days. Currently, however, it looks very stable and I don't see why we will fall below 20-21k yet.
According to a Reuters report, the Fed sees an end to constant rate hikes because inflation has slowed sharply. An end, if one can speak of it, is expected in March.
If that really is the case, a lot of capital will flow back into other areas - including cryptos.

Therefore, I do not see a price drop for the time being.
Yes, at first I also expected a bull trap, but luckily this has not happened so far. Your thoughts and information are very good. It would be nice if that were to happen. Either way, I remain suspicious. The year is still long and I don't expect a real bull run before the next halving. But I can also be wrong. The next few months will certainly remain exciting.  Smiley

Most of us would consider it a bull trap, but bitcoin has been up for over 2 weeks, so it can't be called a trap, but we still can't say this is a sign of the bull season as we are more than 380 days away from the halving.

There is no basis for the Fed to stop raising interest rates, although inflation has decreased, it is still very high, and the risk of the economy entering a recession is still lurking for us. It cannot be concluded that the economy is stabilizing again as the war between Russia and Ukraine grows more intense.
legendary
Activity: 1988
Merit: 1718
January 29, 2023, 08:06:40 AM
#82
-snip-
I was expecting a bull trap when we went from 17k to 22k in just 2-3 days. Currently, however, it looks very stable and I don't see why we will fall below 20-21k yet.
According to a Reuters report, the Fed sees an end to constant rate hikes because inflation has slowed sharply. An end, if one can speak of it, is expected in March.
If that really is the case, a lot of capital will flow back into other areas - including cryptos.

Therefore, I do not see a price drop for the time being.
Yes, at first I also expected a bull trap, but luckily this has not happened so far. Your thoughts and information are very good. It would be nice if that were to happen. Either way, I remain suspicious. The year is still long and I don't expect a real bull run before the next halving. But I can also be wrong. The next few months will certainly remain exciting.  Smiley
sr. member
Activity: 2254
Merit: 439
Leading Crypto Sports Betting & Casino Platform
January 28, 2023, 05:31:19 PM
#81
-snip-
I also believe that history will repeat itself, bull season comes only when the halving takes place. What is happening in the market is a surprise, and the uptrend shows no signs of stopping, but I think this is just a short term pump during bear season, it's like a small price drop during a bull season. It is difficult to know how long this pump will last, but we shouldn't be too surprised if bitcoin suddenly drops back, as we are still in bear season.
The current development of the price is really surprising. Nevertheless, I also assume that the price will fall again in the course of the year. But that wouldn't come as a surprise to me. Rather, I would be surprised if the price continues to rise and we see a bull run ahead of the halving. That would also be new in any case and would show that bitcoin is really unpredictable.  Smiley
I, also, think the new bull run will start after the halving. But I don't rule out a pre-pump this year. In any case, the market hasn't fallen for more than a year yet, so it should be at least sideways for 2023. But I wouldn't count on some serious decline. Last year was not historically similar, so maybe 2023 will be different.
legendary
Activity: 1260
Merit: 1954
January 28, 2023, 04:48:46 PM
#80

Could that be some typo error or perhaps its a take from your local board. Of which, am believing you know using your local board language elsewhere other than in the local board isn't allowed and given the fact that, you've got it mixed up with good English too have got me wondering what's there.
Am really thrown of balance here on what is going g on there and out of curiosity would have liked to know what does it say.

Lol, sorry for that. Looks like I mixed up some things since I was trying to post something in a local board about that same topic aswell. This happens when you have multiple tabs open with post replies.  Roll Eyes
Thanks for bringing it to my attention, I've edited it and put it in proper language.


Speaking of which, this doesn't seem like some  bullrun to me. At least, I was already familiar with bitcoin in the last bullrun just as I have now my first bear market experience and I must say, in a bullrun, the moves we see now is rather slow paced. I think this is just some price correction as we can't afford to keep falling but, we are very much in the bears still.

Yeah, its to early to call it a bullmarket.
Everything is slower right now because the fear is too big for now. Not everyone believes in it again and therefore moves rather more cautiously or not as euphorically as in a bull market.
hero member
Activity: 882
Merit: 645
January 28, 2023, 02:30:22 PM
#79
The current development of the price is really surprising. Nevertheless, I also assume that the price will fall again in the course of the year. But that wouldn't come as a surprise to me. Rather, I would be surprised if the price continues to rise and we see a bull run ahead of the halving. That would also be new in any case and would show that bitcoin is really unpredictable.  Smiley

I was expecting a bull trap when we went from 17k to 22k in just 2-3 days. Aktuell sieht es aber sehr stabil aus und ich sehe nicht, warum wir noch unter 20-21k fallen werden.

Therefore, I do not see a price drop for the time being.
Could that be some typo error or perhaps its a take from your local board. Of which, am believing you know using your local board language elsewhere other than in the local board isn't allowed and given the fact that, you've got it mixed up with good English too have got me wondering what's there.
Am really thrown of balance here on what is going g on there and out of curiosity would have liked to know what does it say.

Speaking of which, this doesn't seem like some  bullrun to me. At least, I was already familiar with bitcoin in the last bullrun just as I have now my first bear market experience and I must say, in a bullrun, the moves we see now is rather slow paced. I think this is just some price correction as we can't afford to keep falling but, we are very much in the bears still.
legendary
Activity: 1260
Merit: 1954
January 28, 2023, 02:04:10 PM
#78
The current development of the price is really surprising. Nevertheless, I also assume that the price will fall again in the course of the year. But that wouldn't come as a surprise to me. Rather, I would be surprised if the price continues to rise and we see a bull run ahead of the halving. That would also be new in any case and would show that bitcoin is really unpredictable.  Smiley

I was expecting a bull trap when we went from 17k to 22k in just 2-3 days. Currently, however, it looks very stable and I don't see why we will fall below 20-21k yet.
According to a Reuters report, the Fed sees an end to constant rate hikes because inflation has slowed sharply. An end, if one can speak of it, is expected in March.
If that really is the case, a lot of capital will flow back into other areas - including cryptos.

Therefore, I do not see a price drop for the time being.
hero member
Activity: 1064
Merit: 635
January 28, 2023, 11:42:59 AM
#77
Are we now on crypto bull run
Definitely not!
Although there has been a decent recovery in the price of bitcoin, but, FED Rates have not started falling yet, when rate will start falling people will have money and they will start taking risk again.

or this yet to be go down futher more down than 15500?
I don't think so! I personally think the bottom is already in. Yeah there is still the possibility of going below $20k or even $19k but i don't think we will see $15k ever. Those who bought at that price they will tell stories that they lucky catched the bottom. (of course i could be wrong)
legendary
Activity: 1988
Merit: 1718
January 28, 2023, 10:48:49 AM
#76
-snip-
I also believe that history will repeat itself, bull season comes only when the halving takes place. What is happening in the market is a surprise, and the uptrend shows no signs of stopping, but I think this is just a short term pump during bear season, it's like a small price drop during a bull season. It is difficult to know how long this pump will last, but we shouldn't be too surprised if bitcoin suddenly drops back, as we are still in bear season.
The current development of the price is really surprising. Nevertheless, I also assume that the price will fall again in the course of the year. But that wouldn't come as a surprise to me. Rather, I would be surprised if the price continues to rise and we see a bull run ahead of the halving. That would also be new in any case and would show that bitcoin is really unpredictable.  Smiley
hero member
Activity: 2870
Merit: 556
January 28, 2023, 10:23:22 AM
#75
I don't know if a bull run will happen this year, especially since the bitcoin price is still under $ 30k. It will not be easy for bitcoin to increase its price even to above $30k because it requires major support. But I'm still sure that the bull run will happen. Perhaps, next year is close to the halving process. Investors should learn much from the FTX case not to keep their funds on an exchange, even if it is a centralized exchange. It's best if they start moving their funds to a personal wallet that they can always keep an eye on.
As we wait for the price to increase we must take necessary precautions now to keep our investment safe, if we need to invest in having ledger or any hardware wallet then better buy one and store in it than regret losing it in any exchanges. If we believe prices will soon go up and intended to buy more at times like this or at dip we must secured first where we place our investment since we need to wait before we can be able to gain from it.
Most of us highly recommend storing assets in a personal wallet so that nothing bad can happen if we store those assets on the exchange, even though we know the exchange has a good reputation so far. It is better for us to prevent than to regret losing assets that are very valuable later. But we can leave some money on the exchange to trade if we want to try to trade in the current situation and make a profit. For sure, we already know what we have to do to prevent things that we don't want.

The potential for a bull run is of course very large to occur this year, the biggest factor is of course because the trauma from the collapse of exchanges will end soon, investors will of course make FTX a valuable lesson so they will only choose top exchanges that have legality and strong capital, especially now that there are more and more countries that legalize bitcoin so that the potential to skyrocket is even greater.
I don't know if a bull run will happen this year, especially since the bitcoin price is still under $ 30k. It will not be easy for bitcoin to increase its price even to above $30k because it requires major support. But I'm still sure that the bull run will happen. Perhaps, next year is close to the halving process. Investors should learn much from the FTX case not to keep their funds on an exchange, even if it is a centralized exchange. It's best if they start moving their funds to a personal wallet that they can always keep an eye on.

For sure, the real bull run will not happen in this year but what i expect is that bitcoin enter in small mini bull run rally followed by correction. This may go on for next few month or maybe till the halving. After halving we may see real price movements and this year bull market may be the best one and bitcoin price may reach beyond 250,000$.
In the last bull market we were expecting price 100,000$ but it did not happen because we did not find any blow off top.
We don't know whether the bull run will happen this year or next year. What is certain is that we are trying to prepare ourselves to welcome his arrival so we can get that great advantage. I also think the current situation can last for the next few months and it looks like we can still buy at the current price or under $25k in the future. If the price increases after the halving, it means that we will see a very high price of that price increase. I would be very happy if the price could increase to $25k.
full member
Activity: 1274
Merit: 128
Vaccinized.. immunity level is full.
January 28, 2023, 02:28:42 AM
#74
Bull run only really happen after the halving and we are still over 400 days away from the halving, so I doubt a bull run will happen this year. -snip-
I think the same too. So far it doesn't look like a bull run to me but rather that after all the bad events like the FTX collapse the price just bounced back from it. Since the next halving is still a long way off, I don't expect a bull run. Can't remember there being a bull run before a halving. Rather, I assume that this will only come after the halving.  Smiley

I also believe that history will repeat itself, bull season comes only when the halving takes place. What is happening in the market is a surprise, and the uptrend shows no signs of stopping, but I think this is just a short term pump during bear season, it's like a small price drop during a bull season. It is difficult to know how long this pump will last, but we shouldn't be too surprised if bitcoin suddenly drops back, as we are still in bear season.
sr. member
Activity: 714
Merit: 253
January 27, 2023, 10:33:18 PM
#73
Of course we agree that earlier this year is a good thing because it has risen more than 25%, prices skyrocketed from $ 17k to $ 22k in a short time, this proves that Bitcoin always has power for rising, I'm sure in 2023 prices can touch at least $ 45k or up more than 100% compared to the current price.

In the long run, bitcoin will always have the strength to go up, I never doubted it, but in the short term, it is very difficult for us to say what is happening is a bull run or a bull trap. I think the expectation of $45k this year is very high, I don't think bitcoin will be able to reach that level. I hope by the end of the year, bitcoin can reach 30k dollars.
hero member
Activity: 2618
Merit: 613
Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 07:59:38 PM
#72
The potential for a bull run is of course very large to occur this year, the biggest factor is of course because the trauma from the collapse of exchanges will end soon, investors will of course make FTX a valuable lesson so they will only choose top exchanges that have legality and strong capital, especially now that there are more and more countries that legalize bitcoin so that the potential to skyrocket is even greater.
I don't know if a bull run will happen this year, especially since the bitcoin price is still under $ 30k. It will not be easy for bitcoin to increase its price even to above $30k because it requires major support. But I'm still sure that the bull run will happen. Perhaps, next year is close to the halving process. Investors should learn much from the FTX case not to keep their funds on an exchange, even if it is a centralized exchange. It's best if they start moving their funds to a personal wallet that they can always keep an eye on.

For sure, the real bull run will not happen in this year but what i expect is that bitcoin enter in small mini bull run rally followed by correction. This may go on for next few month or maybe till the halving. After halving we may see real price movements and this year bull market may be the best one and bitcoin price may reach beyond 250,000$.
In the last bull market we were expecting price 100,000$ but it did not happen because we did not find any blow off top.
legendary
Activity: 1988
Merit: 1718
January 27, 2023, 07:32:25 PM
#71
Bull run only really happen after the halving and we are still over 400 days away from the halving, so I doubt a bull run will happen this year. -snip-
I think the same too. So far it doesn't look like a bull run to me but rather that after all the bad events like the FTX collapse the price just bounced back from it. Since the next halving is still a long way off, I don't expect a bull run. Can't remember there being a bull run before a halving. Rather, I assume that this will only come after the halving.  Smiley
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 07:24:17 PM
#70
This is not a bull run, but a good pump.
Bull run is about a strong buyers coming into this market and make a lot of green candles.
But that's what's happening now. Maybe you want to be more specific.

We are recovering, and the price can be more stable in the coming months. If Bitcoin hold the price of $23k, eventually it will create a bull trend and it might happen this year because many are anticipating the hype of the halving.
Maybe people aren't using same definitions

Investopedia defines bullmarket as:
Quote
A bull market is the condition of a financial market in which prices are rising or are expected to rise.
Not i don't know what kind of confirmations people are waiting for but from my understanding they are often very late to agree we are in the bull market. Just accepting we are in the bottom is enough for me. And even after ath some people are waiting for confirmations. That it's a manipulated trap and should be a double top or somehing. Every indicator i have used for bull market has given me green light so i am not sure why people are looking for som magical confirmation. We are the confirmation.
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