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Topic: Bitcoin Bull has Started But Not Yet ATH. (Read 522 times)

hero member
Activity: 1400
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Bitcoin is achievement
April 30, 2024, 01:36:35 PM
#52
You know that since we started lamenting that bullrun has started but we have not yet seen a bullrun reflect in the market from my perspective and my understanding concerning cryptocurrency, I do understand that cryptocurrency investment is all about something that is unpredictable so the bullish season have not manifest yet because the price of Bitcoin is still going down many people say that really experience a halving, but for now I don't think we have encountered halving currently
hero member
Activity: 2814
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Bitcoin bull run has obviously started and we're still in it's early stage, we're looking at a massive bull run in this season because of the Bitcoin ETF that has propelled price to surge, hopefully we're going to see a new ATH at a peaked price of $200k. For the first we have already withnessed a new ATH before halving, this is majorly because of the ETF approval, therefore the previous halving patterns didn't apply where new ATH happens after halving. It's not late to continue accumulating Bitcoin, because we're going to see a massive ROI before bear run starts.

People think that by the time of halving they will see the Bitcoin price skyrocket and some of them are depressed because of that. It is just normal, ATH will happen again and again over months and maybe years but it will end by happening like it used to do.
$200k might happen in the future but I doubt it will be the near one, I might say maybe next two or four years from now? This year passing $100k will be just great.
Previous historical logs tells us that it will not be immediate to see the effect of the halving. And if you have seen in the last 24 hours, we are again in the crucial are of $62k, there could be some negative news that affected the price again though. Nevertheless, we need to look long term, or at least at the end of the month and say that indeed halving has been the catalyst as the price could be around $80k++ in December, or for the best part, we might see 6 digits already. So just relax and have patience, we know the market is very volatile, but as per history, the impact of the halving is not felt immediately and it will take months. So just continue to accumulate, nothing beats having Bitcoin in our wallet when the price hits $100k or more in this bull run.
legendary
Activity: 3094
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Bitcoin bull run has obviously started and we're still in it's early stage, we're looking at a massive bull run in this season because of the Bitcoin ETF that has propelled price to surge, hopefully we're going to see a new ATH at a peaked price of $200k. For the first we have already withnessed a new ATH before halving, this is majorly because of the ETF approval, therefore the previous halving patterns didn't apply where new ATH happens after halving. It's not late to continue accumulating Bitcoin, because we're going to see a massive ROI before bear run starts.

People think that by the time of halving they will see the Bitcoin price skyrocket and some of them are depressed because of that. It is just normal, ATH will happen again and again over months and maybe years but it will end by happening like it used to do.
$200k might happen in the future but I doubt it will be the near one, I might say maybe next two or four years from now? This year passing $100k will be just great.
jr. member
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Quote from: GigaBit
This is a big difference between ATH and Bull Run. Bull run Usually when the market is bullish the amount of investment in the market increases rapidly, we can identify the period as bull run but this is what we mark as all time high. When the market peaked in 2021, the price of each bitcoin peaked at 71,000. In 2024 we have already seen the value of Bitcoin rise to 72 thousand. The market has already crossed the previous ATH and touched a new ATH. However, despite the beginning of the bull market, the market is not completely bullish. When the market was below $20000 last year many expected Bitcoin to reach ATH. But those who currently buy bitcoins do not expect it. They would expect a strong bull market that could cause the Bitcoin price to high.
Bull run is the season hodlers use to sell their coins to make profits to take record of the new ATH from the market, which is very important for hodlers to know the level the price has hit so that they will know their next target when another bull run occur in the market.

We have seen a new ATH in this 2024, but some experts are still spreading the information that $100k will going to be new ATH in this year if the hodlers can endure till the end of November, which i doubt for such price to come to pass this year because the $73k which people experienced early this year and it has changed people life.

Every hodlers use to expect huge price in the market whenever they are hodling their coins, but there are some stage the market price will get to, they don't have choice than to sell to accumulate profits before the price will dump.

What stage is that Mate?
Depending on expert opinion is like driving and you're trying to watch how other drivers drive. We should always act base on our investment plans nothing more or less, this experts often at times influence the weak ones to make wrong decisions in the market, if you're holding, also keep accumulating, its an asset not just a coin you trade profit off.

Market might reach a new ATH but we don't know for now, but surely we are in  bull run, also take your time to ask yourself how far you have gone in your journey regarding Bitcoin investment.
full member
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Quote from: GigaBit
This is a big difference between ATH and Bull Run. Bull run Usually when the market is bullish the amount of investment in the market increases rapidly, we can identify the period as bull run but this is what we mark as all time high. When the market peaked in 2021, the price of each bitcoin peaked at 71,000. In 2024 we have already seen the value of Bitcoin rise to 72 thousand. The market has already crossed the previous ATH and touched a new ATH. However, despite the beginning of the bull market, the market is not completely bullish. When the market was below $20000 last year many expected Bitcoin to reach ATH. But those who currently buy bitcoins do not expect it. They would expect a strong bull market that could cause the Bitcoin price to high.
Bull run is the season hodlers use to sell their coins to make profits to take record of the new ATH from the market, which is very important for hodlers to know the level the price has hit so that they will know their next target when another bull run occur in the market.

We have seen a new ATH in this 2024, but some experts are still spreading the information that $100k will going to be new ATH in this year if the hodlers can endure till the end of November, which i doubt for such price to come to pass this year because the $73k which people experienced early this year and it has changed people life.

Every hodlers use to expect huge price in the market whenever they are hodling their coins, but there are some stage the market price will get to, they don't have choice than to sell to accumulate profits before the price will dump.
hero member
Activity: 2842
Merit: 772
Bitcoin bull run has obviously started and we're still in it's early stage, we're looking at a massive bull run in this season because of the Bitcoin ETF that has propelled price to surge, hopefully we're going to see a new ATH at a peaked price of $200k. For the first we have already withnessed a new ATH before halving, this is majorly because of the ETF approval, therefore the previous halving patterns didn't apply where new ATH happens after halving. It's not late to continue accumulating Bitcoin, because we're going to see a massive ROI before bear run starts.

If we talk about bull run, yeah this could be the definition of it. But in Bitcoin market, the official bull run starts after the block halving which is still weeks away from us. And that's why the price is not that big as we expected, although new all time high is achieved, what we are looking for is like $100k at least conservative estimates.

So it's a long way to go for us, but it makes us very excited as block halving is around the corner and we will see if the cycle will continue. 2024-2025 is touted to be one of the biggest bull run that we have seen throughout our history, as you have said, you are looking for like $200k top price.
full member
Activity: 364
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Bitcoin bull run has obviously started and we're still in it's early stage, we're looking at a massive bull run in this season because of the Bitcoin ETF that has propelled price to surge, hopefully we're going to see a new ATH at a peaked price of $200k. For the first we have already withnessed a new ATH before halving, this is majorly because of the ETF approval, therefore the previous halving patterns didn't apply where new ATH happens after halving. It's not late to continue accumulating Bitcoin, because we're going to see a massive ROI before bear run starts.
hero member
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lol  when you are being called a HOLDER then you are not expecting price for every time but instead in a certain period that you tell your self to sell, some holder even extend their time of holding when they are still not satisfy in the given time of selling so there must be no disappointment and there is no agitating because HOLDING means you are ready for everything will happen along the way and that is what holding must mean.
I think what you say is also quite true because if someone says he is a long-term holder, but at all times he is still nervous when checking the market and market prices. This shows that he is still working as a trader, not as a long-term holder, because long-term holders must be very prepared for all the things they have to face themselves when the selling price is still not in accordance with their wishes. So maybe someone still thinks like other traders in the market even though they say they are a long-term holder.
hero member
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This is really good price action, its built a whole scaffolding area in these recent weeks and despite the negative sells the recovery on each of those lows is higher each time.   We could be building that scaffolding just play hangman I guess or it could rocket up from here.   I have too much of a negative slant to my personal bias because I always believe we are stronger once we go back to 50k and lose the sellers, shed those and then you really do have the strongest bull run.   I know most would prefer for us to just go straight up but Im more the type who believes in hammering steel is not a fast process, strength takes some time to achieve.

All the highest prices people are talking and estimating has to be will require the strongest of foundations.  I would prefer that occur not the fast up and fast down scenario, I dont want fast up and 2 years spent languishing after thats not really the best outcome.    Though of course if you can buy on the lows, that is the best advantage later so every price I see as valid in its occurrence and necessity by the market forces.
Yeah, we are reaching lows for a short while, but then we end up with a greater return and a big increase. I personally believe that we need to consider the ups as more important because we do recover from each fall as well. I get that we may feel like we are left alone to fend for these lows, but there are huge companies like ETF ones, such as blackrock and all that which is helping us during this period as well.

I believe that we are going to end up with a much better situation without a doubt. I believe that the best thing we could do right now would be looking at the situation and consider that bitcoin will recover and peak even higher, we just need to give it sometime to get there, probably will happen after the halving.
hero member
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This is a big difference between ATH and Bull Run. Bull run Usually when the market is bullish the amount of investment in the market increases rapidly, we can identify the period as bull run but this is what we mark as all time high. When the market peaked in 2021, the price of each bitcoin peaked at 71,000. In 2024 we have already seen the value of Bitcoin rise to 72 thousand. The market has already crossed the previous ATH and touched a new ATH. However, despite the beginning of the bull market, the market is not completely bullish. When the market was below $20000 last year many expected Bitcoin to reach ATH. But those who currently buy bitcoins do not expect it. They would expect a strong bull market that could cause the Bitcoin price to high.
hero member
Activity: 1400
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Bitcoin is achievement
Many people are still wondering if what is happening to bitcoin (the rising of bitcoin price) is the bull market or run because their thinking is that the bull market will start after the halving in the month of April. And yes the bull market has started now but the All Time High will come after the halving. And as it is now, those who join and invest when bitcoin was $16,000 in the year 2022 are now on their peak in the investment. They have nothing to loss and once the price hit All Time High of $100k then their profit will be huge. And for those who were confused about the bull run and the All Time High. The Bull run is also known as bull market but the bull is not the All Time High (ATH).
What is happening now in bitcoin price acceleration is what suppose to happen and we may think that we have glue into the market fully, but we are stills waiting for halving time and I believe that the price of bitcoin can change at any point in time and  it happens that way due to the market strength of investors, some of us are saying that base we have not experienced halving yet, but right now I will say the Market is progressing due to their is a lot of investors who is into the Market already.

The BullRun is the journey to the All Time High. Like now we are on the BullRun. You can invest in the BullRun and still make profit in the All Time High. So if you have spare money in your pockets, purses and trousers pockets use it to invest now that we are on the bull. And for those who want to experience the Bull Market in bitcoin. Now you are in but most of you don't know. Because of the different predictions of the market, many investors mostly the newcomers will miss the time.
Investing exactly the time of bullrun, I will say that you are talking a risky, so I believe that you taking such risk it might result out positive or negative if you do invest during the time of bullrun, secondly while experienced investors will not like to invest during the time of bullrun because one or two things may happen during long time stays of bitcoin, because when we rush and invest when the price of bitcoin is high and their is every tendency that the price of bitcoin can go down drastically.

For me, Bitcoin started a bull run when it crossed the $30K zone. Still, it's been growing; even halving hasn't happened yet. I think, due to Bitcoin ETF approval, the bull run is going fast. Those who accumulated in the last bear season are happy now if they hold on till now. Today we have seen a significant movement on BTC. I am not sure if there is any other reason behind it. But it seems Bitcoin is not going to dump soon before it passes the previous ATH and records a new ATH. I hope soon the most-awaited ATH comes. 
I will agree with you, because the price of bitcoin is at seventeen thousand [17k] and later the price skyrocket to twenty five thousand [25k] that is to say that the price is getting dominance, so the price of bitcoin can be considered to be in bullrun because it has cross the line of the price of initial, but people think a bullrun of bitcoin starts when the price is like fifty to sixty thousand [50k/60k]
sr. member
Activity: 2618
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Not every positive change in market should hastily be judged as bullish. As well as the bull run in itself can last long, be it several months, and let's not forget the possibility that the last ATH that btc hit recently, may also be it for the year,as well as in the past, I think 2013 two ATH was hit in a year also. Pretty unpredictable. We're in the bull market, alright. But then preparing for bear market ahead is also a thing, no matter how forward that might be.

If you are a holder, you can also be conservative with your estimates. So you won't be agitated if the price is not what you expect it to be. With the price level we are enjoying today, definitely, it is already in the bullish range as compared to the previous years. Aiming for new ATH will always be there but before such situation happens, you also need to be ready for this event.
lol  when you are being called a HOLDER then you are not expecting price for every time but instead in a certain period that you tell your self to sell, some holder even extend their time of holding when they are still not satisfy in the given time of selling so there must be no disappointment and there is no agitating because HOLDING means you are ready for everything will happen along the way and that is what holding must mean.
STT
legendary
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We built a great staging area for a continuation of a bull run, I think this market is certainly bullish.  However near term its merely been consolidating in that higher area which should be a very good thing for the future, there is no definite we go up but its wrong to see BTC  as negative just for the hesitation.


Early feb on weekly bars.

This is really good price action, its built a whole scaffolding area in these recent weeks and despite the negative sells the recovery on each of those lows is higher each time.   We could be building that scaffolding just to play hangman or it could stage a rocket launch from here.   I have too much of a negative slant to my personal bias because I always believe we are stronger once we go back to 50k and lose the sellers, shed those and then you really do have the strongest bull run.   I know most would prefer for us to just go straight up but Im more the type who believes in hammering steel is not a fast process, strength takes some time to achieve.

All the highest prices people are talking and estimating has to be will require the strongest of foundations.  I would prefer that scenario occur not the fast up and fast down scenario, I dont want fast up and 2 years spent languishing after that as this is not really the best outcome.    Though of course if you can buy on the lows, that is the best advantage later so every price I see as valid in its occurrence and necessity by the market forces.
legendary
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Bull run has already started but we are not yet in the final bull run, so expect that bitcoin will experience price fluctuations most often before settling on its final ATH. Although we have crossed over already on the previous ATH, but that does not mean that we have reached our new ATH already. We are still in the process of reaching our new ATH, most likely it will occur after bitcoin halving, or when final bitcoin bull run gets nearer.

The journey of bitcoin new ATH these days is probably different from the way we used to see it. However, we should not be surprised about this since bitcoin itself is highly uncertain and unpredictable. But we all know there’s only one certain goal, that is to achieve our new ATH right before final bull run happens. So while there are still opportunities to invest and accumulate more bitcoin, do it now before the awaited bull run hits the market.
legendary
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Not every positive change in market should hastily be judged as bullish. As well as the bull run in itself can last long, be it several months, and let's not forget the possibility that the last ATH that btc hit recently, may also be it for the year,as well as in the past, I think 2013 two ATH was hit in a year also. Pretty unpredictable. We're in the bull market, alright. But then preparing for bear market ahead is also a thing, no matter how forward that might be.

If you are a holder, you can also be conservative with your estimates. So you won't be agitated if the price is not what you expect it to be. With the price level we are enjoying today, definitely, it is already in the bullish range as compared to the previous years. Aiming for new ATH will always be there but before such situation happens, you also need to be ready for this event.
full member
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Quote from: Mate2237
The problem now is to break the previous All Time High. Everyone was thinking that as the price hit the previous All Time High of $69,000, it would break or penetrate the price and hit the new All Time High but ironically, bitcoin drastically came down to $65k and stated from there again to the top. And now it is moving within $65k to the $68k and predictions said before next week will end the price will hit the new All Time High of $70,000 and from there it will go up to the final bus stop of $100,000.  The movement of bitcoin is nice and people are happy that bitcoin is high at this time of the economy.
It will surely hit higher next week base on what is happening in the market because, the price is still moving between $66k and $67k and, there is an evidence for the price to continue rising until it reach $80k which is the wish of those that are hodling BTC right now before they can sell their remaining BTC to make profit.

Those that released their BTC early last month made huge amount of profits from their BTC hodling because, the price moved to $73k that made them to rush to the market to released their BTC before the market price will dump and the market price has dumped to $66k in this new month.
hero member
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There are some things we might be missing about this market and if time not taken this will mislead people since people always have this mindsets that whenever market changes is bull and of curse when you look at it from various angle you will think is already bullrun. Let say bull run are always considered when the previous ATH is achieved reason because there were some people who invested at the very high price of $68k on the hope to get $100k without knowing that is the maximum market could go for that year, those people who bought at that price sees the market as still bear currently because their capital has not been achieved but if their capital has been achieve we can say the market is on bull run. Likewise to people who has invested when the market was dip can see themselves as people who are already swimming on the bull wave presently.
Bitcoin sentimental movement make short term speculations almost impossible, because Bitcoin tend to break the confidence of most of the speculators all the time, like the last two to three weeks back, speculators where eyeing the 100k region as the stop price before the Bitcoin halving which make them to think that Bitcoin is already at bull season.
But the we have to understand that Bitcoin price predictions is quite an impossible things and no one knows when and what the price will be and to that extent we may not be able to know what the max price could be at anytime.
legendary
Activity: 2618
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Actually you have almost got the trend mate ,Bitcoin have crossed that 72k instead it breaks 73k even not reaching April,but now we are hoping to hit 80k before April so hoping we will get that at least.before the dumping happen in April
Before April seems like a very tough one, we have like less than 10 days left now and for it to reach to 80k before April might be a lot to ask for. I am not saying that it won't happen but it would be quite tough and I would suggest not to go with that. I think the best way to go forward would be just focusing on what we can do with what we have, and that means we had 73k just recently and reaching back to that would be lovely.

This is why I say that march could end as high as 70k, not seeing 80k to be fair. It could also maybe fail and not get there, it's also another possibility and I would find that normal, but I think that's just with anything, it can happen and not really be a bother to anyone at all, it's that important.

I don't think it matters what price bitcoin can reach before the halving, but what matters now is buy and try to hold until the expected return can be achieved. Some will say it's not a good time because they think the price will drop back below $60k, but I'm sure they'll regret it especially if they missed the opportunity to accumulate when they could.

I don't think $80k will be hit in March, nor in April. Halving can certainly raise the enthusiasm of many investors to invest in bitcoin and take advantage of its upward cycle, but this is not an easy game, especially as the market really needs a larger flow of funds to make bitcoin reach its new ATH again.
full member
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bitcoin price will reach its latest new ATH next year. because usually bitcoin price reaches new ATH 1 year after bitcoin halving. and this year 2024 is bitcoin halving year.

maybe this year can also reach new ATH bitcoin price
We've all seen Bitcoin touch all-time highs before the end of the year, which you may have seen too.When Bitcoin price was above $50k many people imagined that since Bitcoin Halving in 2024 then maybe Bitcoin price will rise and touch new ATH.But from there the price of Bitcoin started to increase suddenly and even the price of Bitcoin increased to touch the ATH record which is much higher than the previous ATH.

After Bitcoin touched the all-time high, the market started to dip again, we saw the price of Bitcoin drop to $63 thousand.

Quote
of course next year the price of bitcoin will experience its latest new ATH.
Yes of course the price of Bitcoin will increase much more next year and new ATH will be there. Since Bitcoin will be halving this year, we expect Bitcoin to touch another new all-time high when the market bullrun starts after that.
legendary
Activity: 2842
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Bitcoin's bull market started a long time ago. But I think its ATH is not fully started yet. As it now appears that Bitcoin has reached its all-time high of $72000 and the Bitcoin market has taken a bit of a dump for a while now. Since the halving is still a few days away, I think it could pump Bitcoin again by mid-April and cross $72,000 And the bull run will become more dynamic in a few days. As the market of Bitcoin is down a bit now but it will pump up and its value will increase further.
Actually you have almost got the trend mate ,Bitcoin have crossed that 72k instead it breaks 73k even not reaching April,but now we are hoping to hit 80k before April so hoping we will get that at least.before the dumping happen in April
Before April seems like a very tough one, we have like less than 10 days left now and for it to reach to 80k before April might be a lot to ask for. I am not saying that it won't happen but it would be quite tough and I would suggest not to go with that. I think the best way to go forward would be just focusing on what we can do with what we have, and that means we had 73k just recently and reaching back to that would be lovely.

This is why I say that march could end as high as 70k, not seeing 80k to be fair. It could also maybe fail and not get there, it's also another possibility and I would find that normal, but I think that's just with anything, it can happen and not really be a bother to anyone at all, it's that important.
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