Topic: Bitcoin Supercycle? (Read 612 times)
It is possible for Bitcoin to experience a bull run in the next couple of years, as more people and companies continue to adopt and use it. The limited supply of Bitcoin, combined with increased demand, could certainly drive up its value. It is important to keep in mind that bitcoin is a highly volatile asset and its price can be affected by a variety of factors, including global economic conditions and inflation. While inflation can certainly impact the value of bitcoin, it's worth noting that the crypto currency was designed to be a deflationary asset. This means that its supply is limited and is programmed to decrease over time. As a result some investors see Bitcoin as a hedge against inflation, as its value may increase as traditional currencies lose purchasing power. Predicting the future price of Bitcoin is difficult and subject to a wide range of variables. While it's possible that Bitcoin could experience a bull run in the next few years, it's important to approach investing in cryptocurrencies with caution and to do your own research before making any decisions.
Bull run will come even if we like it or not, it is because bitcoin is not stable price will up and sometimes down because there are investors that come and go and i believe that in the near future its user will rise drastically because of its amazing features and uses, in my country there are stores that accept crypto as payment it is truly amazing.
If someone in your place already wants to accept crypto as payment for goods at their shop, that's definitely an extraordinary thing because not many countries have adopted crypto so there are still many shops that don't want to accept payments via crypto. A close example is where I am where I still have to constantly rely on fiat when I want to shop for anything because there are no shops here that accept crypto as payment. So what you're experiencing there is clearly a very good thing because with a store willing to accept crypto as payment, of course it will make people start to be interested in crypto and try to get to know Bitcoin further and have the intention to own it because it can already be used for buying goods in stores even though they are still only in certain shops.
Until then, it will mainly be used as an investment asset where people might be interested in buying and storing it only to gain profits over time but not because they want to use it as a payment method or to pay for goods and services.
Bull-runs will continue happening on a regular basis op just like corrections. They are basically the Yin and Yang of BTC. History has proven whatever I stated.
BTC turns bullish or bearish with/without reason which is why it's considered one of the most volatile assets and this is why it's a risky investment. Invest only what you are willing to lose without any regrets.
BTC turns bullish or bearish with/without reason which is why it's considered one of the most volatile assets and this is why it's a risky investment. Invest only what you are willing to lose without any regrets.
Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?
of course there is. not only me, many people believe that in 2024 when the bitcoin halving will be a bull run momentum and it is predicted that at that time the price of Bitcoin could pass its ATH. you don't need to worry that there won't be a bull run in the next few years, because it will definitely happen. The point is you are sure and keep holding your bitcoins and if you can continue to increase the number of your holdings, your investment will surely bear sweet fruit.
If what the OP and everyone are discussing is just a regular bull run, I think it's almost inevitable. Many people will tell me nothing is certain in this market, but that is my optimism as I rely on what bitcoin has shown us historically. But what about predicting a super cycle, an unprecedented bull run? I also believe it will happen if the world economy enters a new growth phase after the inflationary period.
Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?
The bull run for bitcoin happens every four years, so if the bull run happens next year, most people expect it to be after 4 years again and it will happen again in 2028 for sure.
But anyway, since bitcoin is very volatile, no one can say yet if after bitcoin halving in 2024, just 2 years later, the value of bitcoin will suddenly kick, who knows, right? But of course we will still look at the demand and behavior of traders during those times.
Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?
Yes it's possible for sure. I have realised one thing in crypto market nothing is impossible bitcoin going to below 10k is also possible in this scenario and bitcoin touching another ATH is also possible in this scenario. I say this because bitcoin has it's halving due next year and it has a history of reaching a new ATH in the year next to it's halving year, so who know bitcoin might be on another supercycle in just another 2 years.Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?
of course there is. not only me, many people believe that in 2024 when the bitcoin halving will be a bull run momentum and it is predicted that at that time the price of Bitcoin could pass its ATH. you don't need to worry that there won't be a bull run in the next few years, because it will definitely happen. The point is you are sure and keep holding your bitcoins and if you can continue to increase the number of your holdings, your investment will surely bear sweet fruit.
With the next halving coming next year then the urge to accumulate more before the halving is high because every halving comes with a bull run. This year we have seen bitcoin rising mostly because of the recent crises faced by banks which has prompted many into bitcoin.
But would this bull continue after halving like you asked? I would say no, because in the past after every bull run there’s a bearish period and I think this will continue because many investors have the intention of selling off some of there holdings after this bull run and as such it could affect bitcoin.
Also we can also be certain what kind of government policies or crises we will face in the future, should the government begin to hit strict bans on it again then it might affect bitcoin as many people will be forced to withdraw there holdings
But would this bull continue after halving like you asked? I would say no, because in the past after every bull run there’s a bearish period and I think this will continue because many investors have the intention of selling off some of there holdings after this bull run and as such it could affect bitcoin.
Also we can also be certain what kind of government policies or crises we will face in the future, should the government begin to hit strict bans on it again then it might affect bitcoin as many people will be forced to withdraw there holdings
While the anticipation of the halving may create a sense of urgency to accumulate more Bitcoin, it's crucial to approach investments with careful consideration and not solely rely on this event as a guarantee of price appreciation. Market dynamics are influenced by various factors, including supply and demand, investor sentiment, macroeconomic conditions, regulatory developments, and technological advancements.
Bitcoin investment is like a roller coaster that makes us panic easily, unfortunately there are still many people who believe that by investing in bitcoin, you will become rich in a short time so that he goes into debt or sells assets to invest in bitcoin, this is what makes us regret it when what happens is a bear market.
Of course bull run for Bitcoin must come. Records show how it takes within 3 - 6months for bull run to effect, this is after the halving to be expected sometime Apr-May 2024. Am being speculative as to the positivity of expecting a bull run because of previous data and ATH after a four year cycle is complete and all Bitcoins, halved.
The best practices right now is more or less DCA.
Traders that rely on profit right now, gotta be strong and find alternatives to earning as it only gets worse before it gets better.
The market volatility is real and as more coins are showing resilience this competition for dominance is bound to cause Bitcoin to innovate and create profitable opportunities for its users.
The best practices right now is more or less DCA.
Traders that rely on profit right now, gotta be strong and find alternatives to earning as it only gets worse before it gets better.
The market volatility is real and as more coins are showing resilience this competition for dominance is bound to cause Bitcoin to innovate and create profitable opportunities for its users.
As Bitcoin begins to be adopted, we can see the supercycle in the next halvings. You see the deflation situations in the world, in this sense, Bitcoin is a great investment option to protect. After each halving time passed, more and more people were connected to the system with its rise.
During the last bull season, many companies invested, even some countries. Bitcoin brought a lot of new things with it. Users spend a lot of time to win some rewards, only some of them have traders, on the other hand, miners are interested in their technology, it is a really big ecosystem, this ecosystem is updated more and more every year. In my opinion, these setbacks in all global markets are making a big difference for Bitcoin, which will make it even more valuable.
During the last bull season, many companies invested, even some countries. Bitcoin brought a lot of new things with it. Users spend a lot of time to win some rewards, only some of them have traders, on the other hand, miners are interested in their technology, it is a really big ecosystem, this ecosystem is updated more and more every year. In my opinion, these setbacks in all global markets are making a big difference for Bitcoin, which will make it even more valuable.
Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?
Yes, it is possible that Bitcoin will start performing well by the end of current year. Most of prominent analysts are predicting it price around $48,000 by the end of 2023. Halving of Bitcoin is a significant event, which is is scheduled in the middle of 2024. This event plays a crucial role as it reduces the block reward of miners and subsequently reduces the supply of new Bitcoins in the market. Historically, such reduction in supply often leads to a bullish trend in crypto market.
In order for a bull run to extend for a longer period of time, it has to be sustainable. Sustainable in the sense that there has to be good reasons for it to keep coming. Let's take the 2020-2021 bull run. At first it was mere shill, most people don't even think great of it until the coin bounced back and continued to increase in value over a longer period of time, not only because of the shill but because along with the increased perceived value and demand, people also saw fit to actually introduce stuff that we've never seen before. NFTs, Metaverse, more projects that have profits by the millions, this kept the bull run alive until that God-forsaken Do Kwon fucked things up and jump-started the greatest series of unfortunate events in the history of crypto.
So, I'll throw the question back at ya, do you think the halving this year's gonna be enough to power this "extended bull run" you so wish?
So, I'll throw the question back at ya, do you think the halving this year's gonna be enough to power this "extended bull run" you so wish?
Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?
Bitcoin is a virtual currency which has become more and more important in most of the economy in today's world. You may notice that currently all companies in countries that accept Bitcoin are making payments and transactions using Bitcoin. But the Bitcoin market will definitely turn into a bull market but it will take some time. When the Bitcoin market peaked in 2021 we saw an upward trend of everything. However, although the market is currently in a bear market in 2023, the next year in 2024, the Bitcoin market will reach a high. However, there was much talk of a supercycle in 2021, so if Bitcoin bulls in 2024, it will certainly continue again. 
Bull run will come even if we like it or not, it is because bitcoin is not stable price will up and sometimes down because there are investors that come and go and i believe that in the near future its user will rise drastically because of its amazing features and uses, in my country there are stores that accept crypto as payment it is truly amazing.
If someone in your place already wants to accept crypto as payment for goods at their shop, that's definitely an extraordinary thing because not many countries have adopted crypto so there are still many shops that don't want to accept payments via crypto. A close example is where I am where I still have to constantly rely on fiat when I want to shop for anything because there are no shops here that accept crypto as payment.
So what you're experiencing there is clearly a very good thing because with a store willing to accept crypto as payment, of course it will make people start to be interested in crypto and try to get to know Bitcoin further and have the intention to own it because it can already be used for buying goods in stores even though they are still only in certain shops.
Many countries have accepted bitcoin and no longer ban it as in previous years, but accept bitcoin as a payment method, not many governments do this. Bitcoin is also not banned in my country, but finding a store that accepts bitcoin is almost non-existent. Using bitcoin or cryptocurrency for payment, most people already have some experience with online purchases. But to pay directly at a physical store, I also have no experience.
As long as the government accepts and allows people to use it as a legal means of payment, an increase in users is inevitable. In my opinion, the biggest hurdle for bitcoin is still the government.
Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?
Hard times don't always last forever, just because inflation is killing us doesn't mean it's going to be inflation forever, give it time things will get better, and when things start getting better the price of bitcoin will start benefiting. Another good time is next year halving, that's a good event to look out for and that will bring a positive reaction to the whole crypto market.
I still believe that the possibility of 10k Bitcoin is very slim, the reason why Bitcoin dropped to 3600$ in 2020 was because of CoVID, I doubt another CovVID will happen, so do not wait, start accumulating Bitcoin right now because the opportunity that you seek might never come to existence.
Bull run will come even if we like it or not, it is because bitcoin is not stable price will up and sometimes down because there are investors that come and go and i believe that in the near future its user will rise drastically because of its amazing features and uses, in my country there are stores that accept crypto as payment it is truly amazing.
If someone in your place already wants to accept crypto as payment for goods at their shop, that's definitely an extraordinary thing because not many countries have adopted crypto so there are still many shops that don't want to accept payments via crypto. A close example is where I am where I still have to constantly rely on fiat when I want to shop for anything because there are no shops here that accept crypto as payment.
So what you're experiencing there is clearly a very good thing because with a store willing to accept crypto as payment, of course it will make people start to be interested in crypto and try to get to know Bitcoin further and have the intention to own it because it can already be used for buying goods in stores even though they are still only in certain shops.
I believe there will be a super cycle for bitcoin in the next bull run, and that's why I always want bitcoin to drop more this year so I can accumulate as many bitcoins as possible to prepare for the bulls season upcoming. The bull season will coincide with the economic recovery, which in turn will stimulate strong investment demand to create a super cycle, not only for bitcoin but for all financial markets.
Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?
Bull run will come even if we like it or not, it is because bitcoin is not stable price will up and sometimes down because there are investors that come and go and i believe that in the near future its user will rise drastically because of its amazing features and uses, in my country there are stores that accept crypto as payment it is truly amazing. 
I think a bull run can happen at any time due to many factors, but what makes us optimistic is that bitcoin will continue to shine because the stock is limited because mining is getting more difficult, and of course the number of users continues to increase so that there will be an explosion in demand and of course a price explosion or bull run.
The effect of another bullrun on Bitcoin does exist, it's just that this might not happen this year even though Bitcoin is starting to be difficult to mine and the enthusiasts are increasing. Because the very basic influence for a bullrun to occur is the effect of more demand through the market, because as long as it doesn't happen to Bitcoin this year, it looks like a bullrun will still be difficult to happen to Bitcoin, especially if it's expected this year.Too many people miss that part about it and I understand that it's not going to be a big deal and it's not going to be a proper investment if this doesn't happen but you should consider that as a reality.
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