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

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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.

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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

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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.

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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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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.

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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.

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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.

Don Pedro Dinero

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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.

Vinaa77

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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.

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Quote from: AicecreaME on October 14, 2022, 12:29:44 AM

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.

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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.

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.

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Quote from: Tony116 on October 13, 2022, 10:54:35 PM

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

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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.

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Quote from: Russlenat on October 14, 2022, 04:49:56 PM

Quote from: Tony116 on October 13, 2022, 10:54:35 PM

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.

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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.

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.

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Quote from: AicecreaME on October 14, 2022, 12:29:44 AM

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.

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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.

adaseb

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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.

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Quote from: Tony116 on October 13, 2022, 10:54:35 PM

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.

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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

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.

Baofeng

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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.

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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

No one knows.

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 ..

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.

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..

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.

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..

Obviously, global market are tied to each other, so it has something to do with it, however, just for short term effects only.

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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

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.

ethereumhunter

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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.

Aanuoluwatofunmi

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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

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.

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 ..

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.

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..

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

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..

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

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

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

Gallar

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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.

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Quote from: spectre71 on October 14, 2022, 12:21:06 AM

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..

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

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.

KennyR

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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.

AicecreaME

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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.

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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.

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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

As mk4 says nobody knows, but unlike him I think that next year we will start to be above 20,000 USD. To think that we will be lower is too bearish in my opinion and it would be the worst cycle since the creation of bitcoin, although it is not impossible.

But no one should expect great joy. Maybe we will go up to the 30-40,000 USD area and then back down to 25,000 or so, then back up again and so on. We will not beat the highs of this cycle until the next cycle. In other words, I only expect a bull market as such after the next halving, although I would like to be wrong. Let it start today, as far as I am concerned.

Tony116

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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.

mk4

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1. No one knows. But if I were to guess, a bit more likely to be lower.

2. Nope. Gambling will always be attractive to a lot of people.

3. Nope. A better economic state can also cause a bull market.

4. It's also partly because of that, and the current state of the economy in particular.

talkoncrypto Official

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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 ,

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