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Topic: Bitcoin Bull Market, Is it going to come soon or Will People have to Wait More.. - page 2. (Read 485 times)

hero member
Activity: 3052
Merit: 606
I bet this is your first time to experience bearish market for asking when will the bull market will come, correct me if I'm wrong though. Like the usual, Bitcoin market (bearish) will be over when the time comes, bull market will make people go crazy again, beating the past All Time High. So yes, bitcoin bull market will be happening again but there's no accurate date or time of it, no one can predict it 100% accurate.
Patience is the best virtue in crypto. And we will all witness another bull market just like what history tells us all. But the problem is considering that the market stays bearish the whole year, then maybe it’s hard to predict when this bear season ends and bullish season starts. But one thing is certain, once the market sees positive trends and events that will happen consistently in the crypto market, then it’s a clear manifestation that the bull market is next to it.
hero member
Activity: 2940
Merit: 715
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.
It all ends in individual’s choices in the market. Some can’t hardly wait for the bullish season, then there’s no wrong in selling for profits. As long as you are profiting, no matter how small it is, that’s way better than selling at a loss. And for those who always hopes for a bullish season, then buy as much as you can while there is opportunity to buy. In the end, once the final bull market is here, everyone will reap the fruits of their hardwork and gain huge amount of profits.
legendary
Activity: 2478
Merit: 1360
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I believe bitcoin's 4 year cycle is still going and repeat means war or not, inflation or not bitcoin will still drop in price this year after we hit ATH in October 2021. As you mentioned, we've only been in bear season for a year, which means that we will have to wait another three years before we see bull season again. So for 2023, I still believe that the market cannot recover regardless of whether the economy in 2023 will get better or continue to deteriorate.

It's not how a 4 year cycle works. How can you be an advocate of a 4 year cycle and not understand what it is?
A 4 year cycle does not mean 4 years before a bull market. It's 4 years between halvings, but not between all time highs. In 2013 bitcoin reached a new ATH just 4 months after the 2012 halving and later again another new high 8 months later. The first all time high was less than a year after the 2011 ATH.

The next halving is going to be around April 2024 and historically there were bullish moves months before the halvings like in May-July 2019 so in worst case we have one and a half year of bear market ahead of us, not 3 years.
STT
legendary
Activity: 4102
Merit: 1454
Wait and wait some more and when you give up thats your capitulation bottom and its possible for a recovery to set like concrete it can take some time and its best not to presume before the fact.  Best thing you can do during this time is just split up your buy so that it takes place over time, 12 months at least and possibly as long as 24 to 36 months though arguably this entire year is part of that timeframe where expectations are readjusted most impolitely.
hero member
Activity: 2576
Merit: 586
I believe bitcoin's 4 year cycle is still going and repeat means war or not, inflation or not bitcoin will still drop in price this year after we hit ATH in October 2021. As you mentioned, we've only been in bear season for a year, which means that we will have to wait another three years before we see bull season again. So for 2023, I still believe that the market cannot recover regardless of whether the economy in 2023 will get better or continue to deteriorate.
It all depends on the present economic state that time as positive economic state will also make a positive and bullish market. But whatever it is, it’s better not to expect much so you won’t get frustrated later on. Just stay being positive and always take advantage on the opportunities the market gives. That way, you will never  have to complicate things and you won’t have to risk things at a loss. Just trust the process and I know the market  will be bullish again in time, the problem is we don’t know its certain time so patience is the best virtue here.
People's opinions are half right now. Some think like @tony116 but for me, I am still confuse right now if what to believe because there are economic problems that the world is facing and maybe this was also the reason on why the bears had an extension but if let say there are no economic problems and then the bear situation is still like this then maybe I can believe on what @tony116 is saying and the rest that the 4 year cycle is on repeat.

It seems long but it gives us time to relax outside. We are confident that once the time is ready we will come back again only to harvest our gains. For those who can't wait then it's already their problem.
sr. member
Activity: 2828
Merit: 344
win lambo...
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.
legendary
Activity: 3318
Merit: 1185
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I bet this is your first time to experience bearish market for asking when will the bull market will come, correct me if I'm wrong though. Like the usual, Bitcoin market (bearish) will be over when the time comes, bull market will make people go crazy again, beating the past All Time High. So yes, bitcoin bull market will be happening again but there's no accurate date or time of it, no one can predict it 100% accurate.
The market won’t stay bearish all the time, bullish market will definitely come in its right timing. But we can’t really tell when it’s gonna happen since the crypto market is always unpredictable and uncertain. However, with positive events and trends that will certainly hit the market in the future, then there’s no reason not to see bullish season, the market will always be bearish and end up bullish every single year, and that history proves it.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
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.
legendary
Activity: 3808
Merit: 1723
I will pretty much say what I said in a similar thread such as this.

Bitcoin will bottom when there is clear evidence that inflation is under control and we won’t get any more rate hikes. Currently inflation is still increasing MoM and the yields are rising as a result. This is not bullish.

We need some major indicator such as loss of jobs which means that inflation is definitely topped and means fed will make rate cuts in the near future. No idea how far away that is however.
hero member
Activity: 2716
Merit: 904
I believe bitcoin's 4 year cycle is still going and repeat means war or not, inflation or not bitcoin will still drop in price this year after we hit ATH in October 2021. As you mentioned, we've only been in bear season for a year, which means that we will have to wait another three years before we see bull season again. So for 2023, I still believe that the market cannot recover regardless of whether the economy in 2023 will get better or continue to deteriorate.
It all depends on the present economic state that time as positive economic state will also make a positive and bullish market. But whatever it is, it’s better not to expect much so you won’t get frustrated later on. Just stay being positive and always take advantage on the opportunities the market gives. That way, you will never  have to complicate things and you won’t have to risk things at a loss. Just trust the process and I know the market  will be bullish again in time, the problem is we don’t know its certain time so patience is the best virtue here.
full member
Activity: 1303
Merit: 128
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. Once the bull market begin, we should aim for the new ATH so technically the price will not be on the same level.

2. BCH will stay, but other altcoins will surely be affected by the dominance of Bitcoin and other top altcoins.

3. NO. Bull market already happened before even if there’s no mass adoption. What we need right now is good news and good development with the coins and the market.

4. Global crisis really affects cryptomarket, there’s a lot of crisis we are experiencing right now and I think cryptomarket will stay on this level until we see good recovery of most of the countries.
legendary
Activity: 2576
Merit: 1655
I'd say with for the bitcoin halving first. And regardless if there is still the war in the background or we are in the recession, the halving will be the catalyst for the next bull run and then the eventual all time high.

So patience will be the key here, because as we all know, halving is still very far - 2024.

The market next year might be as worst as this year, and chances are we might see another lows that will really send panic and maybe see a lower low for this bear market. But rest assured that we can get over with that the following 2024.
hero member
Activity: 2870
Merit: 594
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
No one knows.

2) Do you think due to Bitcoin , the other altcoins may lose its charm , and go nearly dead, such as BCH ..
Again, although there could be some correlation between the two markets, we don't know what will happen to altcoin because there are tons of them. And also a handful can be could solid.

3) Do you believe only the mass Bitcoin Adoption by more countries can bring a bull market..
Bitcoin will have it's bull run regardless of there are countries that are going to adopt it or make it legal tender. Bull run happens every 4 years.

4) Do u Think it has something to do with global Inflation, where even stock market is on ventilators..
Obviously, global market are tied to each other, so it has something to do with it, however, just for short term effects only.

hero member
Activity: 1778
Merit: 907
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)I believe that it's likely to crash as low as $15.000, but it won't be sustainable. Generally, I think that it's going to range between $18.000 and $20.000.

2)Altcoins have existed since the dawn of cryptocurrencies. While some may slowly disappear, see Terra, for instance, they'll always co-exist because they are serving other purposes and are vital for the future of cryptocurrencies.

3)Maybe, but I don't believe in Bitcoin's mass adoption as a currency or legal tender.

4) We're going through a recession and a war. The threat of a nuclear launch is higher than in the Cold War. The current situation is not supportive of much economic growth. The stock market isn't performing well either. Bitcoin is more of an asset than a currency; thus, it's also massively affected.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
1. I don't know where bitcoin will go yet. It could be that the price will increase or decrease or even go sideways.

2. Other altcoins that do not have strong support will lose their position in the market and investors will leave the altcoin because the altcoin is no longer profitable for investors.

3. I don't think so but a lot of positive news about bitcoin will give bitcoin stronger support in the market and people will certainly want to own bitcoin so which will trigger an upward price movement.

4. Maybe now there is something to do with global inflation, where people today need more fiat to buy their needs and sell their investments.

Don't worry about the bull market because it will come again. You need to prepare yourself by having more bitcoins than now so you can sell them at the highest price.
sr. member
Activity: 812
Merit: 436
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

It would have been better if it's by prediction bitcoin price is set but unfortunately we can't predict and have it accurately as predicted to reality all we can say is to hodl till you by yourself get convinced that it's right mature time to sell out.

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

Of course any altcoin can unfold a new dimension to cease from existing especially in times like this during dip, bitcoin set the pace for their own price determination.

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

Mass adoption will only increase the population and market capitalization with bitcoin what determines the price is the proportions of those buying from those selling bitcoin

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

No, global inflation is with traditional system under the control of the monetary and economy policies, bitcoin is a different entire network.

Suggest your opinion , may be find some good and positive answers about Bitcoin Bull Market, which probably every trader is waiting for

Hodl and be patient, keep buying the dip and after some time, there would be bullrun and a new all time high when we can all smile and sell
sr. member
Activity: 840
Merit: 377
in recent years it is unlikely that there will be much significant change in the price of bitcoin,
because these years it's time to invest,
if you look at the 4-year cycle of bitcoin, it is still a long time for a bull market to come,
So now is the right time to invest.

does the world economy have an effect on bitcoin?
I think of course, because of what?
because many people sell their assets for their needs,
especially the current year many price spikes are quite significant.

what is certain is that if it is a matter of economics, trade, and investment must have an attachment to each other.
member
Activity: 155
Merit: 37

It pretty much follows the American markets as I believe most of money is US sourced managed. There will be allot of bad news coming such as the housing bubble, bank failures, mass bankruptcy's, auto market crashing on repo inventory. I would expect some exchange problems as well. At best it it will trade sideways me think for 2023. Things will turn around when we run out of bad news.

I'm not compelled to put money in now to have the same amount in 9 months, I''l do other more productive things and buy in then.


 

Your point is valid , but when we talk of Bitcoin as a currency , do you think USA inflation and high rate of interest which increased recently, could be the only reason for influencing its price , because of its adoption worldwide, how can one country be the reason for its bear or bull market, Secondly when we look at Bitcoin adoption in various nations and using it as a payment method, its growing as a much faster pace than expected, so why we in this situation not so confident and sure about Bitcoin Bull run in recent times..
hero member
Activity: 1344
Merit: 565
Its been nearly an year when bitcoin stopped dropping and reached to 20,000 , where it is now.. Though it sustained strongly at the time of Pandemic , where nearly half of the world crippled, economically and mentally, but looking at the current situation according to Crypto Pundits , we may not see a bull run in coming months, Where do you see Bitcoin in coming 2023,

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..


Suggest your opinion , may be find some good and positive answers about Bitcoin Bull Market, which probably every trader is waiting for ,
Actually, $20k wasn't the lowest point for Bitcoin price, it was $17k+ back on 18 June 2022 and has been swinging between that least price and around $25k since. I don't think just because the market pumps a bit which of cause as I mentioned earlier $25k was the highest BTC price has gone since its drop to $17k, thinking a Bull run is eminent in the near weeks or months isn't likely. I think the market will see its share of accumulation before a proper bull market again considering the usual market circle.


hero member
Activity: 2310
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  • The market have been moving in connection to the CPI index. There is not much of downward movement in the CPI index. The inflation is quite high and this causes downturn in the market and now slight sideway movement is happening.
  • I don't think the bitcoin market along with the top altcoins go near to death
  • Not really, but the adoption as a country will give more realistic usage as we use traditional fiat in daily life, which is a big success and the growth happens following the same.
  • I'm not sure of it. I find cryptomarket to be independent in some means.
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