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Topic: Are we now on Crypto bull run? - page 8. (Read 2344 times)

sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
April 05, 2023, 10:56:29 AM
we don't know about the next reduction and increasing in price but the price of bitcoin is higher more than your mentioned price. The price of 15500 is very low and now the price is not such low to reach mentioned price.

The year of 2022 was dip and now we are in Bull run because the price is elevated now, it is estimated that if bear market initiate then after the completion of bear season there always occurs Bull run and all those who make investment during bear season will surely get profit from their investment.

From short moment of higher and lower price estimation cannot be possible about bear and Bull run but we can say that now we are in Bull run because from January of this month the price remains higher.
sr. member
Activity: 1722
Merit: 252
April 05, 2023, 10:31:06 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.
full member
Activity: 448
Merit: 158
April 02, 2023, 03:27:49 PM
Correct. I agree with you that at this time it cannot be said that the crypto market is in a bull run trend because the price increases are relatively small and even seem stagnant.

We provide a bit of a bull run and although this is small and of course this is not entirely predictable that it will continue to increase, every movement of the graph of the increase in the price of Bitcoin so far has been followed by a mild correction which causes the price to remain relatively low in increasing Value and price of Bitcoin, small bull what is happening on the market indicates that the bull run trend will occur, but it still cannot be held as an accurate prediction.

Especially now that the bitcoin price has fallen again to the $26k-27k area, even though it had reached $28.7k a few days ago. T

And this is the correction that occurred while the market was experiencing a small bull yesterday, the price is still unstable, in the sense that it could be higher and even vice versa, now the price on the market is still in the range of $ 28k, it is inconsistent and this is unpredictable in nature, the current movement is erratic, it is possible that it will go up, although slowly, and there is also the possibility of another price correction, of course.

herefore it seems that the bull run has yet to occur and the bitcoin price still has the potential to drop below $25k.

Drops in price and corrections are inevitable, but maybe a bull run will happen requiring at least some recovery, it could happen from the supply and demand levels that will cause the Bitcoin Value to change, either down or up and the chart is still running , the possibility that it has the potential to go down and up is still information that is not completely accurate.


sr. member
Activity: 1106
Merit: 421
April 02, 2023, 03:25:01 PM
the chances of it dropping below $20k are very slim, especially now that bitcoin is on a positive trend and the bull is getting closer. I'm sure after this there will be a lot of significant price increases because many investors start buying bitcoin and altcoins to make profits when the bull arrives.
I will not deny your words at all, because even before this, Bitcoin went up to 28k while recovering and came back with a huge dump at around 16k.  For this I would say to be cautious but the market is just coming up with green signals from all around, and making strong resistances one after the other may be the steps for the recovery to begin. And the most important thing is that the year 2024 is not too late. If the next halving happens in 2024, then it can be said that Bitcoin is starting to recover to reach a new all-time high.
legendary
Activity: 2842
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April 02, 2023, 02:24:41 PM
the chances of it dropping below $20k are very slim, especially now that bitcoin is on a positive trend and the bull is getting closer. I'm sure after this there will be a lot of significant price increases because many investors start buying bitcoin and altcoins to make profits when the bull arrives.
The OP is talking about $15500 not $20k. $15.5k may seem to be impossible but $20k is still possible. Aren't you aware last time that we touch $19k? May these small increases in the price that you see lately not blind you about the possibilities of a downfall especially now that there are some issues that are forming again pertaining to cryptos.

We are still far away from the bull run so there is still a mixture of down falls and small increases but we can use these fluctuations in our favor. Other than Bitcoin, altcoin can be a good addition in the side because alts can also follow once bitcoin pumps a lot but we should be very careful on picking an altcoin.
member
Activity: 1078
Merit: 12
April 02, 2023, 06:11:59 AM
I think we are currently in a recovery period, the bull run has not happened yet because the price is still far from the ATH that has ever happened, moreover the current market is easy for dumping for the reason that many are afraid of FUDs, the market is of course better to move slowly, for example in April it can reach $ 40 k, then may $50k and so on.
full member
Activity: 714
Merit: 103
April 02, 2023, 01:46:28 AM
the chances of it dropping below $20k are very slim, especially now that bitcoin is on a positive trend and the bull is getting closer. I'm sure after this there will be a lot of significant price increases because many investors start buying bitcoin and altcoins to make profits when the bull arrives.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
April 02, 2023, 01:25:13 AM
In my opinion, although recently the price of bitcoin has started to rise, it seems that the cryptocurrency market may not yet be in a bull run phase. I view the current bitcoin price increase as a temporary price increase.


Right, there are still a lot of things that make us say the bull run has happened, and I think the small increase that is happening right now is not strong enough, it needs a bigger increase, for example in a few days the price continues to rise even though it is only 5% of today's price increase 10% but tomorrow the price will drop another 10%, speculators are always looking to profit from the current situation.
Correct. I agree with you that at this time it cannot be said that the crypto market is in a bull run trend because the price increases are relatively small and even seem stagnant. Especially now that the bitcoin price has fallen again to the $26k-27k area, even though it had reached $28.7k a few days ago. Therefore it seems that the bull run has yet to occur and the bitcoin price still has the potential to drop below $25k.
Bitcoin is trying to come out on top despite the hardships that various government agencies have expressed towards crypto. We are in the pre-Bitcoin bull run moment, although we cannot say certainly whether it is going into a Bitcoin bull run. At any time we may be able to see that moment. Hope the bull run will start once it crosses $30k. If it goes down in price for some time then there is nothing to be upset. Because according to the time, we are trying to close to bull run.
full member
Activity: 773
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April 01, 2023, 10:09:22 PM
Right, the market looks rising these few days or since March 5th, at the beginning of March, of course, many were frustrated because the price dropped again below $ 20k, but it only took a week for it to skyrocket and now the price has reached $ 28k, I'm sure the maximum is the 25th March the price is already at $ 30k, let's continue to buy to get big profits.

An appeal to buy in large quantities before prices will rise again this year. But I'm sure there will be a big increase later in the middle of this year. but I choose to split my coins to get from various sides of the profit.
hero member
Activity: 2016
Merit: 701
March 30, 2023, 01:17:06 PM
Correct. I agree with you that at this time it cannot be said that the crypto market is in a bull run trend because the price increases are relatively small and even seem stagnant. Especially now that the bitcoin price has fallen again to the $26k-27k area, even though it had reached $28.7k a few days ago. Therefore it seems that the bull run has yet to occur and the bitcoin price still has the potential to drop below $25k.
Right now Bitcoin is not yet in a bullrun for reasons that the increase is not big enough, but a slight but more certain increase is a very good thing for Bitcoin as in today's example where Bitcoin had passed the price of $29K even though after that it experienced another correction to the price of $28K. I really hope that in April the increase in Bitcoin prices can be much more significant than this March because to go to a bullrun, of course, there must be an increase that occurs first.
full member
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#SWGT PRE-SALE IS LIVE
March 28, 2023, 03:30:14 PM
In my opinion, although recently the price of bitcoin has started to rise, it seems that the cryptocurrency market may not yet be in a bull run phase. I view the current bitcoin price increase as a temporary price increase.


Right, there are still a lot of things that make us say the bull run has happened, and I think the small increase that is happening right now is not strong enough, it needs a bigger increase, for example in a few days the price continues to rise even though it is only 5% of today's price increase 10% but tomorrow the price will drop another 10%, speculators are always looking to profit from the current situation.
Correct. I agree with you that at this time it cannot be said that the crypto market is in a bull run trend because the price increases are relatively small and even seem stagnant. Especially now that the bitcoin price has fallen again to the $26k-27k area, even though it had reached $28.7k a few days ago. Therefore it seems that the bull run has yet to occur and the bitcoin price still has the potential to drop below $25k.
legendary
Activity: 2198
Merit: 1086
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March 24, 2023, 04:49:23 PM
$30k in March looks like it will be hard to achieve, but I believe it will be in April. While March only leaves a few days on the calendar, even $29k is still hard to beat as traders continue to drive sales. Money inflow in the last 24 hours has tended to be down on some exchanges, so I think it's unlikely to expect $30k to be hit for the rest of March. But of course, who knows.
Currently, Bitcoin price looks like in a sideway phase, the price is around $27k-$28k. I agree that it is unlikely to rise up to $30k in the near future. But we don't know what is happening in the next 3-5 days. If there is good news about Bitcoin or crypto, I believe it won't be very difficult to achieve $30k. Moreover, it will be easier if some whales try to pump Bitcoin to pass $30k immediately.  Wink

Don't be too sure, but try to be patient and hope this positive trend will continue this year.
After all, a minor correction is no big deal, even if $30k doesn't break through in March. I was hoping for a better April, still realistic to think about than March.
Yep, we shouldn't be too much expecting $30k to be achieved this month. Not sure that the price to pass $30k soon, but I believe it will be achieved in the next month. We are not very far from $30k but it won't be achieved if Bitcoin experiences a sideways phase. I see the uptrend just stop temporarily, it is likely in a sideways after a correction.

legendary
Activity: 2478
Merit: 1123
March 24, 2023, 02:26:38 PM
I also have no doubts about the price of $30K in March or even in April, because Bitcoin has proven capable of being at $28K more this month even though it is still undergoing corrections as often as it is now.
$30k in March looks like it will be hard to achieve, but I believe it will be in April. While March only leaves a few days on the calendar, even $29k is still hard to beat as traders continue to drive sales. Money inflow in the last 24 hours has tended to be down on some exchanges, so I think it's unlikely to expect $30k to be hit for the rest of March. But of course, who knows.

But I have absolutely no doubts for the price of $30K in the near future, but for now everyone also needs to hope for good news for Bitcoin so that Bitcoin does not have a deeper correction this month.
Don't be too sure, but try to be patient and hope this positive trend will continue this year.
After all, a minor correction is no big deal, even if $30k doesn't break through in March. I was hoping for a better April, still realistic to think about than March.
hero member
Activity: 2016
Merit: 701
March 24, 2023, 02:08:14 PM
There were two unclosed gaps in the futures contracts, one of which we recently closed. There is now one left around 33k. I think it would be logical if bitcoin could close that in March or April. And then there could be trend uncertainty again. But that we will see 30k soon, I have no doubt.
I also have no doubts about the price of $30K in March or even in April, because Bitcoin has proven capable of being at $28K more this month even though it is still undergoing corrections as often as it is now. But I have absolutely no doubts for the price of $30K in the near future, but for now everyone also needs to hope for good news for Bitcoin so that Bitcoin does not have a deeper correction this month.
full member
Activity: 1444
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#SWGT PRE-SALE IS LIVE
March 24, 2023, 01:49:43 PM
In my opinion, although recently the price of bitcoin has started to rise, it seems that the cryptocurrency market may not yet be in a bull run phase. I view the current bitcoin price increase as a temporary price increase.
the price of bitcoin is moving up but we have not yet entered the bull run phase, until the next few weeks, Kuta will see the price of bitcoin which is still very volatile, maybe it will return to $ 22k before finally rising past $ 30k.
legendary
Activity: 1946
Merit: 1150
March 24, 2023, 01:29:46 PM
Yes, agreed, I would like to add that as well. Regarding the current state of the market, it is difficult to say if we are having a crypto bull run or if the price may still fall further.

Market trends and potential price moves for March haven't usually been a strong month for Bitcoin in the past. It is possible that this trend may continue, but it is also important to consider other factors that may affect the market, such as regulatory developments, investor sentiment and macroeconomic trends.

Looking ahead to April 2023, there are bound to be some events that could affect the price of Bitcoin. As you say the US Government can revive the "printing press" causing a ripple effect throughout the financial market due to the US government's monetary policy decisions.
Don't concern yourself with any issues out there because I don't think the market ever waits for someone to be ready to invest. The government and its regulations and policies may have a negative impact on the market, but you shouldn't lose your optimism about the future.

Don't forget, we have been in a mini bull run since early January. I think it will continue to be strong towards the middle of the year, so it's important to recycle your investment plan if you haven't already.
member
Activity: 1540
Merit: 22
March 24, 2023, 12:55:05 PM
I don't think we should expect any serious growth in March, because usually March is not the strongest month for bitcoin. The main events will probably unfold in April 2023. The U.S. government may turn on the "printing press" again to solve the problem with the banks and may finish raising rates.

Yes, agreed, I would like to add that as well. Regarding the current state of the market, it is difficult to say if we are having a crypto bull run or if the price may still fall further.

Market trends and potential price moves for March haven't usually been a strong month for Bitcoin in the past. It is possible that this trend may continue, but it is also important to consider other factors that may affect the market, such as regulatory developments, investor sentiment and macroeconomic trends.

Looking ahead to April 2023, there are bound to be some events that could affect the price of Bitcoin. As you say the US Government can revive the "printing press" causing a ripple effect throughout the financial market due to the US government's monetary policy decisions.
member
Activity: 1232
Merit: 12
March 24, 2023, 11:19:04 AM
I also agree that we are in a bull run and have left the bear market, the thing that is an indication besides the price increase is the volume of transactions which has increased significantly compared to 2022, and it is natural that soon the price will reach $ 30k.
hero member
Activity: 2254
Merit: 585
March 23, 2023, 04:26:40 PM
If the size of the bull run is a fantastic increase in a short time then we have entered the bull run, no one would have thought that the price had skyrocketed in March very quickly, of course this is our hope that the market in 2023 will rise again, of course we hope the market continues to improve and in March could reach $ 30k.
Based on the analysis since the beginning of this year the market can be categorized as going to be bullish due to the significant increase in price, the bullish point can be marked of a significant recovery after the BTC price recovered from 25k in a few days, however I predict that the quarterly increase will continue and break $30 k above then the next increase will be higher. We are close to reaching the hope for a recovery to reach the previous ATH.
hero member
Activity: 2688
Merit: 625
March 23, 2023, 03:53:46 PM
Right, there are still a lot of things that make us say the bull run has happened, and I think the small increase that is happening right now is not strong enough, it needs a bigger increase, for example in a few days the price continues to rise even though it is only 5% of today's price increase 10% but tomorrow the price will drop another 10%, speculators are always looking to profit from the current situation.
Lolz what makes you think that current price moment isn't strong enough?. The market has broken resistance and has turned them into support, does that not tell you that the market is strong?
The market is very healthy and is not a rocket ship which moves straight into the space, there has to be price biding between the sellers and the buyers before the price can move either ways ,so this is why you saw the 5% move up and 10% down movement.

Generally, There is momentum in the market which you saw after that the price touched $19k, the price shut way up to $29k within few days, with the US banking crisis as a catalyst.


Banking crisis had start up on 22-24k and it did successfully able to break out that resistance on 25k because of that event and now its still ongoing with this crisis which would potentially be able to break up even on 30.
It is indeed true that the current situation did really push up the price but of course there would really be those short time sellers which we do know that it wont really be that a smooth sail ride on which others people
been thinking.We arent still on that golden bull run but rather this is some typical bull market that we are experiencing but of course the transition would be always there and there's chances that dumps
and crashes could be seen along the way.The only thing you do need is to be that versatile.
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