Are we now on Crypto bull run? - page 4.

YUriy1991

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Quote from: yusrime on January 21, 2023, 07:10:55 AM

Are we now on crypto bull run or this yet to be go down futher more down than 15500?

Regarding the current state of the crypto market While some may argue that the market is currently on a bullish trend, others may caution that it is too early to make such predictions. Historic events, such as the March 2020 crash, serve as a reminder that unexpected market downturns can occur. The general view for Bitcoin may be the dominant player, it does not reflect the performance and potential of all cryptocurrencies meaning that there are still many factors at play including investor sentiment, market sentiment, regulatory developments, and technological advances.

Well, Today I personally haven't logged into the trading platform this week due to very low trading volume. The correlation between the S&P 500 index (SPX) and Bitcoin (BTC) is currently unclear. With the FOMC meeting in 20 minutes, consensus suggests a break with no rate change. Considering these factors, it may be wise to wait for more favorable trading conditions and opportunities in the future and Now Btc $25K.

bettercrypto

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In the current state of Bitcoin, it is clear that we are not yet in a bull run, although we are in a bullish scene, but its resistance is still relatively calm based on my observation. And then the direction of its value is still quite unpredictable.

The rise and fall of the price still depends on the news that is happening now in articles or fud about Bitcoin and other cryptocurrencies, especially in the matter of SEC against Binance and Coinbase.

Ngemmeng

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no, we are not in the bull run yet but we are on our way there. meaning that sooner or later we will definitely get to the bullrun.
There's a lot we have to go through before we actually hit a bull run, and what's blocking our way right now is an old issue namely the SEC. but this issue will definitely end soon and we will continue our journey towards the bull run, but no one knows what other issues will arise after this that will hinder our journey.

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Quote from: Kadal Ijo on June 13, 2023, 09:53:52 AM

Looking at the current market situation, it seems that the bull run has not yet come, the hope is that the market will rise soon because the price in January is a big record because it can increase by more than 40%, unfortunately only March can rise and the rest are still red so hope to see a bull run can't happen yet.

Before the Bitcoin price reaches $30k again I think it will be difficult to be bullish,
so we have to be really careful when buying bitcoin at the 25k to $27k level,
because this zone is still in the consolidation zone where the pump and dump are still undecided, we just wait.

Kadal Ijo

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Looking at the current market situation, it seems that the bull run has not yet come, the hope is that the market will rise soon because the price in January is a big record because it can increase by more than 40%, unfortunately only March can rise and the rest are still red so hope to see a bull run can't happen yet.

carlisle1

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Quote from: Joshapat on June 09, 2023, 01:13:01 AM

Bull Run, of course, if the current price is $ 50k or more, and unfortunately the current price is still around $ 26k so in my opinion is a good price for buying, the best strategy is to buy when cheap and we can sell if the price of the bull run, the main key is of course be patient.

Still in a good range to collect and hold while waiting for the strong bull run to pump the market price, it's still a buying position
while there's no new huge strong pump.

The market is still strong compared to how it was back when the pullback was dominating the market. If you still have good amounts of spare to invest,
this current condition might be a good one to collect and keep your assets inside your safe wallet.

once history repeats itself before, while or after halving, we might see another new ATH.

Joshapat

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Bull Run, of course, if the current price is $ 50k or more, and unfortunately the current price is still around $ 26k so in my opinion is a good price for buying, the best strategy is to buy when cheap and we can sell if the price of the bull run, the main key is of course be patient.

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Quote from: wmaurik on June 08, 2023, 03:56:19 PM

Quote from: Aliem Nur on June 06, 2023, 04:16:20 AM

Judging from the current state of the market we are still not in Bullrun,
the crypto market collapsed yesterday until now and this indicates that the bears are still dominating the market,
yes we are still given the opportunity to buy Bitcoin at low prices, so start accumulation and hold until bullish season come to us.

In my view actually these two things are still not dominating now, because when you look at the collapse in Bitcoin prices that have occurred in the last three days. This didn't last long for Bitcoin because one day after the collapse occurred, Bitcoin could immediately increase again, although it was still in a price range that was not much different from the price that occurred at the beginning of this month. So both (Bear and Bull) are still not dominating the market now.

Collapse and correction is really just that normal and even if we do speak about Bull run thing on which there would really be huge sell offs along the way, but on this time those sells would be easily be eaten up

but we know that we arent still on a bull run after that halving event of Bitcoin to come. There's no way that we would really be on such condition or telling that we are on a BR when we do see some small green
candle spikes.Im aint saying about being not that possible but we do have that so called typical day on crypto space on which increase and decrease in price on a certain extent could give out that kind of
assumption but we arent really still there.

Bull run assumption would definitely be playing out after the halving event and since we are still that 1 year away for that event then we cant really still that expect that
theres something significant to happen along the way.

wmaurik

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Quote from: Aliem Nur on June 06, 2023, 04:16:20 AM

Judging from the current state of the market we are still not in Bullrun,
the crypto market collapsed yesterday until now and this indicates that the bears are still dominating the market,
yes we are still given the opportunity to buy Bitcoin at low prices, so start accumulation and hold until bullish season come to us.

In my view actually these two things are still not dominating now, because when you look at the collapse in Bitcoin prices that have occurred in the last three days. This didn't last long for Bitcoin because one day after the collapse occurred, Bitcoin could immediately increase again, although it was still in a price range that was not much different from the price that occurred at the beginning of this month. So both (Bear and Bull) are still not dominating the market now.

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Quote from: Bitcoin2009 on June 03, 2023, 10:20:52 AM

I think we are still not in the bull run, sometimes the price drops significantly and often worries us, but we have a good hope that the bull run will happen at the end of the year or in about 3 months, the best advice from experts is to buy now before we regret it.

It is very difficult to predict the direction of movement of bitcoin, whether it will continue to correct or vice versa will strengthen in the next few days, otherwise the previous contradictory market has put bitcoin at $ 25K. We also don't know for sure how the price will move in the next period, so significantly it's a good move to enter the market, at least to do the accumulation of adjustable buys. Opportunities must be maximized because we don't want to be left behind in a future bull market and if at this time we cannot make the right decision then the best opportunity will be lost.

There's no need to worry too much and that's how bitcoin volatility happens a lot, prices can go up and down unpredictably and there are always good moments for a recovery. It is still possible to wait or analyze the market, but don't take too long to make a decision before the market returns to a greener path going forward.

Aliem Nur

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Judging from the current state of the market we are still not in Bullrun,
the crypto market collapsed yesterday until now and this indicates that the bears are still dominating the market,
yes we are still given the opportunity to buy Bitcoin at low prices, so start accumulation and hold until bullish season come to us.

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Quote from: RewFrew on May 04, 2023, 06:57:58 PM

Actually it is very difficult to say. But we can count $15k to $16$ was bottom price For Bitcoin. Now Bitcoin price $29k so we can told price gradually increasing. And it is sign for bull market. If continue this price increasing process more few days then we can easily count as a bull market. But crypto currency market always unpredictable so we have to always ready for all situation even market crash.

I also think it's hard to say because, according to some, a bull market means bitcoin will make a new ATH, and that usually only happens after the halving, it never happens before the halving. But if you consider the time when bitcoin went from $17k to $30k, that's also a significant increase, and almost double the return for many investors. So to say it's not a bull market is not entirely accurate.

19Nov16

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I was surprised today because the market dropped significantly, the price of bitcoin dropped more than 4% and the price of BNB dropped more than 8%, this proves that we are still in the red zone or bear market, as investors, of course, this must be seen on the positive side, namely buying a lot before the price skyrocketed.

Bitcoin2009

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I think we are still not in the bull run, sometimes the price drops significantly and often worries us, but we have a good hope that the bull run will happen at the end of the year or in about 3 months, the best advice from experts is to buy now before we regret it.

wmaurik

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Quote from: Epaper on May 26, 2023, 10:25:32 AM

Correct. Indeed, we hope that there will be more increases in the price of bitcoin, but it seems difficult to happen in Q2 especially if we see that the market conditions have not looked better lately. Therefore, hopefully in Q3 this year there will be a recovery in the bitcoin price so that market conditions can be much better and investors are excited to invest in crypto again.

The second quarter of this year hasn't ended yet, so it's still not effective if we have to conclude it now in terms of an increase in the price of Bitcoin, because price fluctuations in Bitcoin have still occurred in the last week so that the enthusiasm of investors to continue investing in Bitcoin must still be very much. So you don't need to worry about price increases as long as there is ongoing demand for Bitcoin, because that's what makes prices not stay in the lower area forever.

Wong Gendheng

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Surely it is still difficult to say now it's bull run or not, but in my opinion we are still in the bear market, it looks price in March which reaches $ 30k and continues to decline and has not been able to touch $ 30k again, in my opinion if the price can reach at least $ 45k then We deserve to say bull run has happened.

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Quote from: yusrime on January 21, 2023, 07:10:55 AM

Are we now on crypto bull run or this yet to be go down futher more down than 15500?

yes, we are already in a bull run. This can be seen from the price action of Bitcoin which is able to stay above $20k and is now at $27k.
Of course, if you can break out from $30k, then Q3 will definitely be very good to start bullish and maybe $50k is the first target before correction again.

Epaper

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Quote from: wmaurik on May 02, 2023, 06:27:50 AM

Quote from: Epaper on May 01, 2023, 07:54:48 AM

Maybe for you the crypto market is in a bullish phase when the bitcoin price penetrated $ 30k the last few weeks, but for me currently the crypto market is not completely in a bullish stage because after the bitcoin price penetrated $ 30k a few weeks ago, but it didn't last long then it came back corrected until now it's still difficult to get back through $30k. However, we hope that in Q2 or Q3 the crypto market will really be in a bullish phase and bitcoin can reach prices above $40k-$50k soon.

Q2 for this year is underway and everyone can see how the market conditions have been going where Bitcoin is still constantly dropping in price after only a brief increase. Actually I also hope that the increase can occur more and longer than the price decrease in Bitcoin, because when Bitcoin can increase better, of course market conditions will look better too even though I don't pay attention to the condition of other coins besides Bitcoin, but the main thing is should be expected is a price recovery on Bitcoin so that market conditions can be much better.

Correct. Indeed, we hope that there will be more increases in the price of bitcoin, but it seems difficult to happen in Q2 especially if we see that the market conditions have not looked better lately. Therefore, hopefully in Q3 this year there will be a recovery in the bitcoin price so that market conditions can be much better and investors are excited to invest in crypto again.

wmaurik

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Quote from: Wong Gendheng on May 23, 2023, 03:05:54 AM

Many people hope the bull run will happen soon, unfortunately when the bull run they do not buy more when the price is cheap, the mistake of many people is not dare to buy so regret when the bull run, it is better to immediately buy as much as we can, I suggest only buying the money available In the bag, don't sell assets to buy bitcoin because if the price of drops will make us regret.

Have you done any research on it to say other people are afraid to buy when the price is low? Because cheap and high prices depend on the thinking of everyone who sees it in the market, and as long as there is still trading in the market when prices are low, that means that there are still many people who dare to buy when prices are low. So don't say that many people don't dare to buy when the price is cheap, while trading still exists at any price in the market.

Wong Gendheng

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Many people hope the bull run will happen soon, unfortunately when the bull run they do not buy more when the price is cheap, the mistake of many people is not dare to buy so regret when the bull run, it is better to immediately buy as much as we can, I suggest only buying the money available In the bag, don't sell assets to buy bitcoin because if the price of drops will make us regret.

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