Are we now on Crypto bull run? - page 7.

BobK71

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Quote from: DanWalker on April 09, 2023, 11:23:29 AM

Quote from: MiF on April 08, 2023, 05:53:07 AM

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?

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

The 30k target shouldn't be too hard for bitcoin to hit, we're very close, but this doesn't prove that a bull run will follow. Historical factors aside, the bull market only appeared after the halving, we just have to look at the world economic situation, inflation, war, and interest rates, everything is working against us. So expecting a bull season this year is too hard for bitcoin. Be prepared for a scenario where bitcoin will correct instead of just focusing on a bull run, or else we will panic when that happens.

It is true that there is no assurance Bitcoin will turn bullish once it crosses $30K. Because no one can be sure about it's bullish and bearish but if we review the history of Bitcoin we are staying at a good position where the certainty of Bitcoin being bullish is a bit high. Bitcoin has been showing its positive movement despite the recent stream of negative events. Which is further increasing the confidence of Bitcoin investors. If there is no new negative aspects of Bitcoin come to us, it will start it's bullish trend for the next bull run.

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Quote from: MiF on April 08, 2023, 05:53:07 AM

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?

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

The 30k target shouldn't be too hard for bitcoin to hit, we're very close, but this doesn't prove that a bull run will follow. Historical factors aside, the bull market only appeared after the halving, we just have to look at the world economic situation, inflation, war, and interest rates, everything is working against us. So expecting a bull season this year is too hard for bitcoin. Be prepared for a scenario where bitcoin will correct instead of just focusing on a bull run, or else we will panic when that happens.

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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?

Until btc not reach up to 30k$ above then i will still consider it a bear market, but if btc rise up to 30k$ then that was a start of the bull run season, i believe that bull run is coming but it is too early to predict maybe the rising of the BTC price is a bull trap, so we need to be careful for good.

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Quote from: StreakW on April 07, 2023, 11:50:58 AM

In my opinion, although recently the price of bitcoin has increased, it seems that the crypto market is not yet fully in the bull run phase. We don't know how far the current price movement will continue. However, I'm not sure if the bitcoin price drops to the $15k area again.

You are correct, it appears that Bitcoin price has stuck between $27,000 to $28,000 for several weeks and trading within very short range.It is a lull before storm situation & I think it can not continue like that indefinitely. A significant movement may occur in either direction as a result of any negative or positive news. I believe that there is a possibility that it might hit $30,000 in coming weeks as technically it is still trading above 200 daily moving average (DMA) which is a positive sign..

lepbagong

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Quote from: StreakW on April 07, 2023, 11:50:58 AM

In my opinion, although recently the price of bitcoin has increased, it seems that the crypto market is not yet fully in the bull run phase. We don't know how far the current price movement will continue. However, I'm not sure if the bitcoin price drops to the $15k area again.

your opinion is not wrong, because indeed the world situation which has not improved from the economic crisis to date, will certainly have an impact on the movement of crypto and indeed the bull run phase has not yet been seen. if the price could go back to last year's price it could happen and it could be more than just $15K. but all of these are the best opportunities to continue buying and holding because the halving era is only a matter of time.

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Quote from: Rasa nanas on April 06, 2023, 04:19:44 PM

Quote from: 19Nov16 on April 05, 2023, 09:31:06 AM

I think it's still far to say that right now we are in a bull run, market conditions are not stable and the price is difficult to penetrate the important limit, namely the price of $ 30k, I believe that if this week the price can reach $ 30k then April will be easy to reach $ 40k or more.

I agree that at this time we are still far from a bull run because currently the price of bitcoin is still in the recovery stage, although recently the price of bitcoin has increased significantly but that doesn't mean it's bullish but only a positive trend. and $ 30k is indeed a crucial point for bitcoin because it can determine the direction of the next bitcoin price movement.

It seems like everyone considers the $30K level to be crucial, similar to how the $25K was, and I also agree this level (between $30K and $32K I think) will be crucial for really determining a new bull market, even if only short-term for the year prior to another short-term bear market back down to $30K levels. The positive is that this isn't a bull market yet, and if we see one, there will likely be a considerable price increase.

It's also nice to see many more Bitcoiners being level headed in this forum compared to elsewhere. Some people think we are already definitively in a bull market, or otherwise that the bull market will soon come to an end. Whereas personally I only see the bottom being in as highly likely, and whether this leads to a bull market is another story that will likely be written by what happens around $30K in the near future.

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In my opinion, although recently the price of bitcoin has increased, it seems that the crypto market is not yet fully in the bull run phase. We don't know how far the current price movement will continue. However, I'm not sure if the bitcoin price drops to the $15k area again.

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The Bitcoin market has now turned into a very bull market compared to the past few days. Bitcoin price chart has been bullish especially in the month of March. But the market is constantly moving up and down but it has settled in an equilibrium. Which is why I think the market is unlikely to return to $15k again. Now if the market is positioned in any order then it will definitely exert an upward force. From the current position, the Bitcoin market will grow further in the coming months, with very little chance of market dumping.

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Quote from: 19Nov16 on April 05, 2023, 09:31:06 AM

I think it's still far to say that right now we are in a bull run, market conditions are not stable and the price is difficult to penetrate the important limit, namely the price of $ 30k, I believe that if this week the price can reach $ 30k then April will be easy to reach $ 40k or more.

I agree that at this time we are still far from a bull run because currently the price of bitcoin is still in the recovery stage, although recently the price of bitcoin has increased significantly but that doesn't mean it's bullish but only a positive trend. and $ 30k is indeed a crucial point for bitcoin because it can determine the direction of the next bitcoin price movement.

erep

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Quote from: wmaurik on April 06, 2023, 01:34:41 PM

Quote from: rhodelmabanal on April 05, 2023, 04:45:23 PM

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

Why do you have to buy altcoins to prepare for a bullrun when what is being awaited for a bullrun is Bitcoin? Indeed, in general altcoins also get a good increase in bull run conditions as has happened in 2021, but the most important thing here is to take advantage of this moment by having more Bitcoins even though it would not be wrong if someone has more altcoins in their wallet as long as the altcoins are is an altcoin that is already very popular in the market.

Some traders or investors have reasons from their analysis to buy altcoins before the bullrun, they don't ignore Bitcoin investment advice but due to limited funds they buy altcoins because top altcoins have higher profits during bullrun periods, but any altcoin is not guaranteed to pump during bullish periods hence there is a high risk to be considered for potential altcoin options, but good advice to share investment for halves in top bitcoin and altcoins for the purpose of recovering losses with bitcoin and altcoin investments to get high profit opportunities.

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Quote from: rhodelmabanal on April 05, 2023, 04:45:23 PM

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

Why do you have to buy altcoins to prepare for a bullrun when what is being awaited for a bullrun is Bitcoin? Indeed, in general altcoins also get a good increase in bull run conditions as has happened in 2021, but the most important thing here is to take advantage of this moment by having more Bitcoins even though it would not be wrong if someone has more altcoins in their wallet as long as the altcoins are is an altcoin that is already very popular in the market.

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Quote from: Dave1 on April 05, 2023, 09:20:54 PM

Quote from: n0ne on April 05, 2023, 06:59:10 PM

Quote from: AmoreJaz on April 05, 2023, 06:54:33 PM

Quote from: rhodelmabanal on April 05, 2023, 04:45:23 PM

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?

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market.

Bull season is part of the market. As mentioned we can't be sure of the bull and bear market. When we see the market on the long term or consider the growth pattern for a longer time period, most of the time it looks to be bullish. This means we can see the gradual upward move amidst the fluctuation and price drops taking place inbetween.

Well if you look at bitcoin's history though, the bull run occur right after the halving. So right now we are still more than a year from the halving itself so we might say that we are not yet in the bull run season, although the price has been going up this year.

So for now, just stay relax, bull run will come, this market works in cycle, and we have been in this kind of situation before.

We just need to be patience and wait for the right time to see the bull run happen for us next year.

Totally agree. I think we have the prospect of a bull market but technically we look very bullish on the upside as it rallies 15k-28k in Q1 but in terms of sentiment and The risks of the current macroeconomic picture could prevent the market from absorbing enough of that optimism. So looking at bitcoin's history and bull cycle, currently - the market is building a solid structure or recovering before the start of the 2024 post-halving bull cycle.

ancafe

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Quote from: rhodelmabanal on April 05, 2023, 04:45:23 PM

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

Now we are in April and Bitcoin is still $ 27K and despite having touched the price of $ 28K on its way. For me this is a good accumulation step before moving to a higher price, but I estimate the price will penetrate the $ 30k. There is no accurate definition of the bull or bear season and maybe we will experience unexpected conditions, rather than considering this condition, it is better to take the opportunity to collect bitcoin at this time.

If it is true that the four -year -old cycle will run according to the accumulation of the previous year, it is likely that next year we will be in the cycle, so we will get the maximum profit. So far the market conditions have become more positive and close to price improvements from the previous year.

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Quote from: Dave1 on April 05, 2023, 09:20:54 PM

Quote from: n0ne on April 05, 2023, 06:59:10 PM

Quote from: AmoreJaz on April 05, 2023, 06:54:33 PM

Quote from: rhodelmabanal on April 05, 2023, 04:45:23 PM

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?

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market.

Bull season is part of the market. As mentioned we can't be sure of the bull and bear market. When we see the market on the long term or consider the growth pattern for a longer time period, most of the time it looks to be bullish. This means we can see the gradual upward move amidst the fluctuation and price drops taking place inbetween.

Well if you look at bitcoin's history though, the bull run occur right after the halving. So right now we are still more than a year from the halving itself so we might say that we are not yet in the bull run season, although the price has been going up this year.

So for now, just stay relax, bull run will come, this market works in cycle, and we have been in this kind of situation before.

We just need to be patience and wait for the right time to see the bull run happen for us next year.

It's not bullrun yet as the price of Bitcoin and altcoins are still not consistently increasing, corrections are still there. Just like the past history (as you've said) bullrun might happen after halving since many investors are already expecting the price of Bitcoin to skyrocket after. Though it's not guaranteed the history will repeat itself, bullrun can happen sooner/longer than expected.

But it will certainly come just like what happened before. Investors with patience and can hold longer are the ones who will become a huge gainer once the bullrun takes place.

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Quote from: n0ne on April 05, 2023, 06:59:10 PM

Quote from: AmoreJaz on April 05, 2023, 06:54:33 PM

Quote from: rhodelmabanal on April 05, 2023, 04:45:23 PM

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?

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market.

Bull season is part of the market. As mentioned we can't be sure of the bull and bear market. When we see the market on the long term or consider the growth pattern for a longer time period, most of the time it looks to be bullish. This means we can see the gradual upward move amidst the fluctuation and price drops taking place inbetween.

Well if you look at bitcoin's history though, the bull run occur right after the halving. So right now we are still more than a year from the halving itself so we might say that we are not yet in the bull run season, although the price has been going up this year.

So for now, just stay relax, bull run will come, this market works in cycle, and we have been in this kind of situation before.

We just need to be patience and wait for the right time to see the bull run happen for us next year.

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Quote from: AmoreJaz on April 05, 2023, 06:54:33 PM

Quote from: rhodelmabanal on April 05, 2023, 04:45:23 PM

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?

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market.

Bull season is part of the market. As mentioned we can't be sure of the bull and bear market. When we see the market on the long term or consider the growth pattern for a longer time period, most of the time it looks to be bullish. This means we can see the gradual upward move amidst the fluctuation and price drops taking place inbetween.

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Quote from: rhodelmabanal on April 05, 2023, 04:45:23 PM

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?

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

as there's no concrete definition of bull or bear season, it now depends on how a person will look at this market. so such season is relative to the person's perspective when it comes to bull or bear period. if we compare the current market from previous month, we can say, we are in the bullish period. but if we compare this market when btc was in the 40-50k level, certainly, we are still in the bearish period. so the label depends on when do you want to compare the current market.

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Quote from: 19Nov16 on April 05, 2023, 09:31:06 AM

I think it's still far to say that right now we are in a bull run, market conditions are not stable and the price is difficult to penetrate the important limit, namely the price of $ 30k, I believe that if this week the price can reach $ 30k then April will be easy to reach $ 40k or more.

Yes, you are right. It is not the time to claim we are in the bullrun season since the price of Bitcoin is still far from its ATH. The current price is still below $30k, while the ATH is around $69k. It is not half of the ATH yet, so how can we are in the bullrun season? Huh

We can claim that we are almost in the bullrun season if the price of Bitcoin isn't far from the ATH.

I also expect the price to pass $30k in this month, and it may try to pass $40k in the next 2 months.

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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?

It is too early to decide if it is a bull run season but if btc rise above 35k$ maybe that was the start of the bull run season again, for now we still have yo wait a little more or we can still buy some more altcoin as a preparation of the possible bull run season just invest an amount that we can afford to loss.

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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?

The market is now on an upswing, long ago the price of Bitcoin dropped a lot. But it is recovering again and the market is moving forward again. The way Bitcoin is going right now, I think it will hit $35000 this April. The market is unlikely to go down any more than it will go down at the moment. If you understand and analyze the position of the market rise, the market must attract upwards.

Topic: Are we now on Crypto bull run? - page 7. (Read 2445 times)