Bitcoin Bull Market, Is it going to come soon or Will People have to Wait More..

Symmetrick

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Quote from: justdimin on October 31, 2022, 03:45:48 PM

End of 2023 definitely makes sense. However, bull run is not something that is only in the after ATH period, if we reach to 40k that is a bull run in my mind as well. I do agree that breaking over ATH could happen late 2023 or even early 2024 but that doesn't mean that we are going to end up with something good before that.

If we reach 40k or 50k it will be a bull run, but only local, not global. In most cases, people are waiting for the global bullrun, the final of which is the ATH update. All other bullruns can be regarded as a bullish correction in a bear market or during the recovery of the entire market. An example of such a bull run was the growth of bitcoin in 2019 from 3,100 to 14,000, and then the price again began to return to the zone from which it began its ascent.

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Quote from: boltz on October 31, 2022, 05:14:50 AM

Well , I have come to conclusion that next bull run of Bitcoin will be totally different and history won't repeat itself like it did in previous run. Right now , there are a lot of crypto users and crypto holders that really believe BTC will make a bull run in this December and early of 2023 but I'm confident this won't happen until early 2024 or end of 2023 just after the halv will occur. I could also be wrong and totally out of point but so far, my predictions are almost on point and I also believe that November will bring BTC back under 20k$. Cool

End of 2023 definitely makes sense. However, bull run is not something that is only in the after ATH period, if we reach to 40k that is a bull run in my mind as well. I do agree that breaking over ATH could happen late 2023 or even early 2024 but that doesn't mean that we are going to end up with something good before that.

I have always suggested that price will go up in 2023, and it will go up good too, at least x2 if you ask me. That’s going to give people a good courage but it won't be just huge in price yet, and that’s going to happen in 2024 when people who see that they have profited already and not crashing anymore will start on investing some more.

boltz

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Well , I have come to conclusion that next bull run of Bitcoin will be totally different and history won't repeat itself like it did in previous run. Right now , there are a lot of crypto users and crypto holders that really believe BTC will make a bull run in this December and early of 2023 but I'm confident this won't happen until early 2024 or end of 2023 just after the halv will occur. I could also be wrong and totally out of point but so far, my predictions are almost on point and I also believe that November will bring BTC back under 20k$. Cool

Baofeng

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Quote from: Pierre 2 on October 23, 2022, 02:19:57 AM

I think we have to wait more into 2023 and even maybe 2024. I know there isn't much left to halving calendar, yet global markets are crippled now, Bitcoin investors can't access to cheap loan opportunities. This means less people have funds to invest in Bitcoin or altcoins or coin related projects. Markets will definitely get better but this may be more delayed than usual because of financial issues through 2022-2023 and maybe even 2024.

2024 might be the year, specially in the quarter to see some progression on the price. Because of the first quarter, we will see first the bitcoin halving. And then we wait for months before we can feel the effect on the price and throughout 2025.

It's just that we still have to bear with the current market situations, majority is suffering at -70%++. Nevertheless, this is not the first time that the market is going this phase, and some of us has seen this and so patience is the key because the bitcoin bull run may still be years away, just saying.

Pierre 2

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I think we have to wait more into 2023 and even maybe 2024. I know there isn't much left to halving calendar, yet global markets are crippled now, Bitcoin investors can't access to cheap loan opportunities. This means less people have funds to invest in Bitcoin or altcoins or coin related projects. Markets will definitely get better but this may be more delayed than usual because of financial issues through 2022-2023 and maybe even 2024.

GeorgeJohn

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Nothing to prove that Bitcoin is about to accelerate according what i noticed so far, the bearish is still intact in cryptocurrency market sphere, what everyone is analysing of cryptocurrency is just exaggeration from my own perspective, we can go out of bearish when we kick out this remaining months of 2022. For now i have not seen anything that changes in the market

Coyster

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Well people will have to wait more/longer for a bull market, and definitely they shouldn't get fazed or tired because if they prolly had done their research, they'd know Bitcoin is a long term/sustainable coin/project, thus speculators have no other option but to be patient. Having said that, 2023 is still a couple of months away and we don't know what the condition of the market could be then, whether we'll see a gradual appreciation in price, or if we'll still remain firmly bearish, but one thing is certain, and it is that 2023 draws us ever closer to another bull run period, and the possibility of a new ATH.

dezoel

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Quote from: crwth on October 20, 2022, 11:22:49 AM

In the coming year 2023, it will be an accumulation or probably a downtrend still with all the people still trying to get a hold of more money to serve their immediate problems. With all that has happened, it will be a different thing.

And there is a happening between the stock market in the bond market, where their direction of prices are in the same direction, which is not ideal, and this could be a sign that we need to be more on the asset side instead of having cash.

Everything that involves people affects inflation.

If this whole year stays like this then I believe btc will do a reversal next year, only for a change but reversal or not, there will be people who continuously accumulate more coins because they are in for longer terms and their strategy is DCA. We are in some economic issues right now but I don't think all people are in need of money because there are people who are rich and there are not so rich but have set aside some money in preparation for events like this therefore not all of them are going to sell their assets.

On what direction, the price of stock and bond heading? Downwards? It can be a bad sign but even before, it's already advice to us to invest and have more asset than cash because cash value depreciates over time while assets can recover and create more value in the long run.

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Quote from: dezoel on October 17, 2022, 06:34:22 AM

I believe that waiting is not the problem, people could wait, there are a lot of people who cannot and they sell, but there are also a lot of people with money who buy right at this moment when it's low, and it’s not crashing down neither, it's staying around 20k for the past many months, so it’s doing fine for buyers as well, they are not losing money.

You could have bought bitcoin nearly 5 months ago and you would be not in much loss right now, maybe even in profit if you are lucky. So, waiting is not the problem, it’s not knowing what would cause it to go up again, after so long and not going up, there needs to be something that will take it higher, but what that will be is unknown.

Yes mate, waiting will never be an issue as long as you know that it will eventually happen in the right time, but asking when it’s gonna happen, no one can tell. However, this is not case with those weak hands investors as they easily panic and sell their coins every time bitcoin price drops. The reason why only those strong hands survive in the end and benefit the huge profits they deserved.

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The short answer is that you’ll have to wait more. Probably a lot more. As others have stated, Bitcoin is a 4-year cycle beast and we aren’t even halfway to the next peak. So if you’re throwing in some money and hoping to get rich, you’ll probably have to wait 2 or more years before that happens. There’s also no assurance the price won’t keep falling before then, or the next bull run may never even happen. Invest wisely.

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Traders earn even in bear markets for as long as the price moves. Those who only earn during bull markets aren't traders; they're pseudo-traders.

The waiting will probably last until 2024 or even 2025. I mean the next bull market that would possibly bring the price of Bitcoin into a new ATH. The best bet we have will be after the next halving. Since the next halving would still be in April of 2024, the next bull run could happen late in 2024 or in 2025. But who knows, there might be good news along the way that could push the price up to near its ATH.

crwth

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In the coming year 2023, it will be an accumulation or probably a downtrend still with all the people still trying to get a hold of more money to serve their immediate problems. With all that has happened, it will be a different thing.

And there is a happening between the stock market in the bond market, where their direction of prices are in the same direction, which is not ideal, and this could be a sign that we need to be more on the asset side instead of having cash.

Everything that involves people affects inflation.

Baofeng

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Quote from: adaseb on October 19, 2022, 10:11:53 PM

A lot of uncertainty happening. We got QE almost in Britain and Japan. So this means the fed hikes are starting to crack. No idea what will happen after this rate hike. Look what is happening already in most bond markets.

Fed will need to change course if things are going to start to crack to the point of where we end up in a deep recession. Which obviously they don’t want but can’t avoid.

Yeah, and I think we are already in full blown recession, maybe it was not as felt as 2008, but definitely the feeling is already here as QE is everywhere, prices are going up, value of dollar is going down or weakening.

I don't think that Fed can do anything about it because it's inevitable. And so we may have to wait for a couple of years before we can see a global recovery.

And it makes me think that the recovery could happen right in the heart of bitcoin's bull run, 2024-2025 and so it might be a very good year for us.

rodskee

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Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

If we could only tell, then indeed but the problem is that we cannot mate so lets accept the fact that price will go depend in our investments.

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2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

BCH may die but not all altcoins , there are so much to expect in altcoins to support bitcoin in future.

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3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

not by more countries but just from the whales as they have shown their power last year.

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4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

chances are there, but since crypto is an independent market , a little effect may be.

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Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

Where do you see Bitcoin in coming 2023,

It's either it will remain sideways at the range that where it is right now or worse, it might go even lower. No signs of it going up right now as the whole world is suffering from very high inflation.

Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

1. When Bull run starts, it will always surpass the old ATH so I expect a new ATH when the bull run starts.
2. It wasn't Bitcoin that is the reason why some altcoins are dead right now. It's the community of the coin because some projects lose its community for some reasons, but the most common reasons are either it was hacked, or the trust is gone.
3. It might contribute, but that isn't only the reason. I still believe in cycles and that is also the reason why crypto goes into bull market.
4. Yes, it is. Stocks, Bonds, Crypto, Real Estate. All of the assets are down right now and there is no sign that it will reverse so I expect the same situation until 2023.

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Quote from: Kelvinid on October 17, 2022, 05:21:33 PM

Quote from: dezoel on October 17, 2022, 06:34:22 AM

I believe that waiting is not the problem, people could wait, there are a lot of people who cannot and they sell, but there are also a lot of people with money who buy right at this moment when it's low, and it’s not crashing down neither, it's staying around 20k for the past many months, so it’s doing fine for buyers as well, they are not losing money.

It was not difficult to hold if you are truly trusting Bitcoin but for those who remain doubtful, I could guarantee their early leaving.
Market crashes, bull seasons, and vice versa, all come in different setups and for a lot of reasons Economic crisis, market influence, manipulations, etc. Those who could afford to lose their money can also afford to take risks despite the situation of the market and likely, they can also wait for the right time to sell their coins.

There is never an argument about those risk taker and bit investors as they can take their funds whenever,whenever they want to, but the most affected here are those who invested small, meaning those who wanted to roll their funds , they are the one that had been in the struggling in this kind of market.

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Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

I believe that the price will not go much below 20,000 USD, which has shown quite strong support, and that from this level we will go up gradually, with ups and downs, but that we will not enter a proper bull maket or break the high until the next cycle.

Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

Yes, some will survive, but many of those that seem strong now will die. They are shit compared to bitcoin.

Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

Hypothetically yes, but it is something that happens little by little and more to invest than to spend, so it is not very noticeable.

Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

The curious thing about now is that we are in a time of high inflation and bitcoin is not profiting, on the contrary, it is in bear market unlike what we thought.

adaseb

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A lot of uncertainty happening. We got QE almost in Britain and Japan. So this means the fed hikes are starting to crack. No idea what will happen after this rate hike. Look what is happening already in most bond markets.

Fed will need to change course if things are going to start to crack to the point of where we end up in a deep recession. Which obviously they don’t want but can’t avoid.

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Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

Of course there is a relationship between global inflation and the stock market. These two things are inseparable. The global crisis is caused by the high cost of raw materials that can be supplied to a country, thus making company owners need more capital. So this makes them delay investing in the stock market, including Bitcoin.

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Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

1) Do you believe it will be at approx. same price or will it go up or down, its better if u share some insights in support of your opinion

After the halving, what I think is that it will be higher. Yes, higher than the ATH that we've got last year and that's likely because of how the cycle goes and pattern if you look back at the charts.

Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..

Many of them really are bound to its death because more investors are going to realize the importance of investing in bitcoin. And they'll see if they can ever invest to bitcoin, why they would go into those shitcoins. Although there have been many traders picking that because they're likely looking for a way to earn that much there like the lottery.

Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..

Always apply the law of supply and demand.

Quote from: talkoncrypto Official on October 13, 2022, 09:59:36 PM

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..

I guess so, and with high inflation, it should make bitcoin's price higher. That's my logic there but I may also be wrong.

Topic: Bitcoin Bull Market, Is it going to come soon or Will People have to Wait More.. (Read 468 times)