I think there are lots of price values to be seen even in this month of June. Tracing everything to the approval of ETFs, Bitcoin has gotten more attention from new investors which would raise massive competition between them and old investors in terms of more purchases. We've been floating in a conducive price range even as we've experienced minor corrections. I think there is more price discovery to be unlocked as more investors join the already fast moving train thereby increasing the demands.
A small correction is not a serious thing that new investors are looking at even though old investors are not often paying attention to it now. Because most of them at this time are only thinking about how much price increase Bitcoin will return to again even though a correction is also an opportunity for everyone when they want to buy Bitcoin at a lower price. However, at this time we can all see that the volume of demand and supply is still quite stable and allows the price to continue to stay at around $70K even though there is a lot of speculation about the price increasing beyond that now. 
Topic: Bull run again, huh (Read 933 times)
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
This year's conditions and 2021's conditions are different, in 2021 there was a drastic price decline during bullish times and then market conditions recovered and Bitcoin was seen reaching ATH twice in a year. However this year the price of Bitcoin tends to be stable when the halving begins. I see that the price decline in 2021 is normal because the decline occurred after Bitcoin rose drastically. However I see that conditions this year are not as usual, because the price of Bitcoin was stable when the halving started and there was no drastic price increase.
This makes bitcoin perfect for investment, the price that is always changing from bear to bull and bull to bear, many people with a big patience earn a lot with bitcoin and all i can see is have patience and hold till bull season come, no one knows when really the bear and bull comes no one can predict it, all i know is many investors in crypto earn bih huge profit by holding bitcoin with patience.
Not only that, because at this time perhaps everyone can also see in the latest news where there are always new investors who want to invest in Bitcoin. And this has also been a good boost for Bitcoin in terms of price increases which are still happening today so that old investors who have been holding more Bitcoin are also still eager to compete to buy more at this time. This could make Bitcoin experience another ATH this year because we can all see from the level of price correction that is still small and the price increase that still tends to be seen in the market.I hope that people could end up realizing that things are not that simple, and we could end up with something that is much better, it should give them some good return without a doubt. If old investors come back because of halving then new ones will come because of the increase and we are going to have a big bull run because of these two things happen to collide with each other.
This makes bitcoin perfect for investment, the price that is always changing from bear to bull and bull to bear, many people with a big patience earn a lot with bitcoin and all i can see is have patience and hold till bull season come, no one knows when really the bear and bull comes no one can predict it, all i know is many investors in crypto earn bih huge profit by holding bitcoin with patience.
As the price is changing regularly so only due to this reason people are able to earn through Bitcoin investment and Bitcoin is becoming a great source of income for all individuals who understand it. Patience will help the Bitcoin investor to gain desire profit so all those who cannot wait longer will be deprived of profit during bull season.
Increasing demand makes Bitcoin more successful but still people who don't know the time period for which he has to hold Bitcoin will not become moneyed from Bitcoin even if the success of Bitcoin increases a lot.
This makes bitcoin perfect for investment, the price that is always changing from bear to bull and bull to bear, many people with a big patience earn a lot with bitcoin and all i can see is have patience and hold till bull season come, no one knows when really the bear and bull comes no one can predict it, all i know is many investors in crypto earn bih huge profit by holding bitcoin with patience.
Not only that, because at this time perhaps everyone can also see in the latest news where there are always new investors who want to invest in Bitcoin. And this has also been a good boost for Bitcoin in terms of price increases which are still happening today so that old investors who have been holding more Bitcoin are also still eager to compete to buy more at this time. This could make Bitcoin experience another ATH this year because we can all see from the level of price correction that is still small and the price increase that still tends to be seen in the market.I think there are lots of price values to be seen even in this month of June. Tracing everything to the approval of ETFs, Bitcoin has gotten more attention from new investors which would raise massive competition between them and old investors in terms of more purchases. We've been floating in a conducive price range even as we've experienced minor corrections. I think there is more price discovery to be unlocked as more investors join the already fast moving train thereby increasing the demands.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
This makes bitcoin perfect for investment, the price that is always changing from bear to bull and bull to bear, many people with a big patience earn a lot with bitcoin and all i can see is have patience and hold till bull season come, no one knows when really the bear and bull comes no one can predict it, all i know is many investors in crypto earn bih huge profit by holding bitcoin with patience.
Not only that, because at this time perhaps everyone can also see in the latest news where there are always new investors who want to invest in Bitcoin. And this has also been a good boost for Bitcoin in terms of price increases which are still happening today so that old investors who have been holding more Bitcoin are also still eager to compete to buy more at this time. This could make Bitcoin experience another ATH this year because we can all see from the level of price correction that is still small and the price increase that still tends to be seen in the market. 
3 months passed from when you posted this mate and wondering what can you say about
the market and from all the answers you gather here?
data says https://coinmarketcap.com/currencies/bitcoin/ bitcoin is still in roller coaster
now and seemingly to stay this way the rest of 2nd quarter.
the market and from all the answers you gather here?
data says https://coinmarketcap.com/currencies/bitcoin/ bitcoin is still in roller coaster
now and seemingly to stay this way the rest of 2nd quarter.
Lets look at historical chart before we make proclamation, we can not be expecting a bull run right now when we are not done with the accumulation phrase of the market. The bull market is going to come but let us have more patience. There is a difference between bull market and when the price is recovering. In the bull market it will be very obvious that we are in a bull market but that is not what is happening because the market is still in a roller coaster as you said. I think this is going to continue for some time then next year we will begin to see the bull market takes its full form and the price of Bitcoin is going get to its highest price in history. The market will be rise and fall along the way but it should not be a discouragement to continue buying Bitcoin and hodling.
Technically though, after the halving, we should be in the bull run already. Although if you look pre-halving, the price has grown that we hit a new all time high at $73k. So it really depends on how you look at it, regardless of what is happening right now.
So I wouldn't say that we are recovering, the market might have taken some momentarily lull, but there will be months that we will see the price like going into a parabolic rise. But if you talk about historical charts, June is not good based on 2020, (halving year), not a big drop but we are in the negative that time. And so maybe it history repeats itself, we might not reach $70k before the end of this month and so we could still continue to accumulate.
3 months passed from when you posted this mate and wondering what can you say about
the market and from all the answers you gather here?
data says https://coinmarketcap.com/currencies/bitcoin/ bitcoin is still in roller coaster
now and seemingly to stay this way the rest of 2nd quarter.
the market and from all the answers you gather here?
data says https://coinmarketcap.com/currencies/bitcoin/ bitcoin is still in roller coaster
now and seemingly to stay this way the rest of 2nd quarter.
Lets look at historical chart before we make proclamation, we can not be expecting a bull run right now when we are not done with the accumulation phrase of the market. The bull market is going to come but let us have more patience. There is a difference between bull market and when the price is recovering. In the bull market it will be very obvious that we are in a bull market but that is not what is happening because the market is still in a roller coaster as you said. I think this is going to continue for some time then next year we will begin to see the bull market takes its full form and the price of Bitcoin is going get to its highest price in history. The market will be rise and fall along the way but it should not be a discouragement to continue buying Bitcoin and hodling.
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given the last one in March 2021, Bitcoin hit $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
This makes bitcoin perfect for investment, the price that is always changing from bear to bull and bull to bear, many people with a big patience earn a lot with bitcoin and all i can see is have patience and hold till bull season come, no one knows when really the bear and bull comes no one can predict it, all i know is many investors in crypto earn bih huge profit by holding bitcoin with patience. What is a realistic expectation from the bull run, given the last one in March 2021, Bitcoin hit $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
The price never falls during the bull run. It falls after that. The price correction happens and people say it as bear market. Are you referring to the price correction segment? Then it will happen this time also. Many are expecting Bitcoins will lie between 50k usd to 60k usd. I would suggest you to don’t get stress much about the price. If you have money, then just invest irrespective of the price for 4 years straight. Definitely you will see the profits.
Price rise happens after the bull run but one mistake which an investor often makes is that they are dreaming the price rise will take place as bull season starts and when it takes time then they become unable to Handle their emotions and decide to sell at lower worth.
Bear and bull seasons are lengthy periods in which we will not continuously examine dip or pump and with little changes that happens regularly we cannot conclude anything regarding the finishing of any season.
People are assuming something wrong about the future price and put themselves in a stressful situation and this stress forces them to do something wrong and the main reason behind all these faults is ignorance and uncontrollable emotions.
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given the last one in March 2021, Bitcoin hit $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
First, let me correct you that the fall you talked about of Bitcoin did not happen in March 2021, the market ended positive in that month. What you wanted to quote started in April 2021 when Bitcoin almost hit $65,000, before it slipped back to selling which lasted until July of the same year. Even though July ended positively, it never started positively.What is a realistic expectation from the bull run, given the last one in March 2021, Bitcoin hit $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
Regardless, the market is funny, and even in the middle of a bullish market, there could be a bearish correction, and even at times, there could be serious news or events that is negative to the prevailing bias. This could bring about FUD which could even attempt to change the whole bias of the market until it subsides and the true sentiment prevails again. This was what happened in my research.
Lastly, there is a monthly chart of "MagicTrend" support at $29,965 which the market tested in May, June and even July but was unable to successfully breach it lower since there was no monthly close below it. That was what helped the market to rise again until the price action became bullish over time which later helped Bitcoin to move even higher towards the former ATH at $69,000 before it eventually succumbed to the bearish cycle which is normal for Bitcoin after every successive bull run.
On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run, given the last one in March 2021, Bitcoin hit $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
3 months passed from when you posted this mate and wondering what can you say about What is a realistic expectation from the bull run, given the last one in March 2021, Bitcoin hit $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though. But is this price fall normal in the bull run?? What is a helpful tip here.
the market and from all the answers you gather here?
data says https://coinmarketcap.com/currencies/bitcoin/ bitcoin is still in roller coaster
now and seemingly to stay this way the rest of 2nd quarter.
When it comes to talks about bullrun, its something very broad because there are many things that determines such and other things as well which we may have to consider during this period, but to be on a safer side, we have to remained positioned for the timing on when thins is actually going to occur so by doing that, we can compare the previous years chart to what we have already and also speculate on recent price in other to arrived at a particular target that will be profitable at our investment during the process.
Bullrun is Bullrun, and people are waiting for this moment to come so they buy BTC during bear season and hold in preparation for these days. There is so much expectation in the price of Bitcoin. Some people are saying it reaches $100k, $200k, and more. And they have this insight as they believe that history repeats itself again. For sure, all of us are also waiting for the perfect time to sell and hoping not to miss it like it happened before. Indeed, it is a matter of trust that investing in Bitcoin will give us rewards and all the efforts and waiting will be paid off.
If we rely on history, the big bull season will usually only come after the halving and as I predict, it will start in the fourth quarter of this year. The halving hasn't even happened yet but bitcoin is trading at $70k, so is the highest ATH target for this bull season of $100k too low? I personally believe we can hit $150k or more and this will be the craziest bull run we've ever had. The Fed will soon lower interest rates, the economy will enter a recovery phase, ETFs, halving...all support that we will have a super cycle and the target of $100k is too modest.
I do believe that we are going to end up with a greater return, 100k is definitely too low and we should be seeing at least 150k if you ask me. I understand that some people may feel like that will not happen, but I think it is not impossible neither. Think about it, last time it was 20k going to 70k, this time 70k going to 200k would be very possible.I think it should be considered and I believe that given enough time people would be able to make as much money as possible if they keep holding their coins. I believe that we are going to see some big changes here and there, but for that to work as well as we hope it would, we should be considering the situation to be changing and not really make any bigger moves.
The goal of $100k is really a dream number in the 2021 bull season, but unfortunately things cannot work out as we expected. This year, $100k is not really a target to aim for as we are very close to it and it is only a matter of time before bitcoin reaches it, IMO.
I agree with you, $150k is the lowest target we are likely to see this bull season. If there are no unexpected black swans like the Russia-Ukraine war or Covid, I believe we will have a super cycle and the reason I also stated above. I believe that a super bull cycle is coming and we need to be patient, not panic sell because of insignificant fluctuations.
And fyi, I have put money on it, alot.
Most of the people will say that don't buy Bitcoin because it's expensive and OP just did bought Bitcoin and you're doing it correctly. While those people that suggests not to buy Bitcoin because it's expensive, they're the ones that's missing the whole point of this bull run. Yes, they may get 10x-100x or more with the altcoins that they're suggesting but how many actually of them were able to maximize their profits from it? Whilst for buying Bitcoin and holding it, you have no pressure holding it and regardless of your knowledge on the market, it's all starting with Bitcoin. This whole bull run is starting from the triggers that will be done entirely by Bitcoin through halving and the etfs that we've got already.Altcoins can indeed get x10 - x100 profits only a few people do that, but behind him can be high profits I am sure there are altcoins that are not worth when they were bought first, however I myself have experienced investing in long-term altcoins that ended badly.
Bitcoin, if you HODL not sell you will not lose, many moments occur in bitcoin that you mention, especially the halving which is getting closer to take advantage of the current price because I myself am optimistic about bitcoin to $100K.
If we rely on history, the big bull season will usually only come after the halving and as I predict, it will start in the fourth quarter of this year. The halving hasn't even happened yet but bitcoin is trading at $70k, so is the highest ATH target for this bull season of $100k too low? I personally believe we can hit $150k or more and this will be the craziest bull run we've ever had. The Fed will soon lower interest rates, the economy will enter a recovery phase, ETFs, halving...all support that we will have a super cycle and the target of $100k is too modest.
I do believe that we are going to end up with a greater return, 100k is definitely too low and we should be seeing at least 150k if you ask me. I understand that some people may feel like that will not happen, but I think it is not impossible neither. Think about it, last time it was 20k going to 70k, this time 70k going to 200k would be very possible.I think it should be considered and I believe that given enough time people would be able to make as much money as possible if they keep holding their coins. I believe that we are going to see some big changes here and there, but for that to work as well as we hope it would, we should be considering the situation to be changing and not really make any bigger moves.
What is a realistic expectation from the bull run, given the last one in March 2021, Bitcoin hit $61,000 and fell down to 31k about two couple of months later... It rose later on, amazingly though.
Generally described for the period is the period as a period of consolidation.
But is this price fall normal in the bull run??
At least there is a lesson that we can take from the decline and increase in prices that are rising until now, namely that is how BTC works and is able to show the ability to recover quickly from the frenetic market that is known for its volatile movements and soon the halving phenomenon will come and we at least have a strategy that can increase profits when that moment is after or after.
And fyi, I have put money on it, alot.
Most of the people will say that don't buy Bitcoin because it's expensive and OP just did bought Bitcoin and you're doing it correctly. While those people that suggests not to buy Bitcoin because it's expensive, they're the ones that's missing the whole point of this bull run. Yes, they may get 10x-100x or more with the altcoins that they're suggesting but how many actually of them were able to maximize their profits from it? Whilst for buying Bitcoin and holding it, you have no pressure holding it and regardless of your knowledge on the market, it's all starting with Bitcoin. This whole bull run is starting from the triggers that will be done entirely by Bitcoin through halving and the etfs that we've got already.Altcoins can indeed get x10 - x100 profits only a few people do that, but behind him can be high profits I am sure there are altcoins that are not worth when they were bought first, however I myself have experienced investing in long-term altcoins that ended badly.
Those altcoin projects that can survive and are still being built diligently during the bear season can very easily generate x10 profits. There won't be too many projects to do that bring X100 profit, but x10 is something I find not too difficult to achieve. I don't know how your altcoin investment experience is when there are only losses and losses but I even made big profits from Pepe, RNDR, Sol even when the bull season has not yet arrived.
For those who do not want to take risks and prefer safety, bitcoin is the choice, but investing in altcoins is not too bad during the bull season. Don't use your experience to scare others just because you lost money from your experience.
When it comes to talks about bullrun, its something very broad because there are many things that determines such and other things as well which we may have to consider during this period, but to be on a safer side, we have to remained positioned for the timing on when thins is actually going to occur so by doing that, we can compare the previous years chart to what we have already and also speculate on recent price in other to arrived at a particular target that will be profitable at our investment during the process.
And fyi, I have put money on it, alot.
Most of the people will say that don't buy Bitcoin because it's expensive and OP just did bought Bitcoin and you're doing it correctly. While those people that suggests not to buy Bitcoin because it's expensive, they're the ones that's missing the whole point of this bull run. Yes, they may get 10x-100x or more with the altcoins that they're suggesting but how many actually of them were able to maximize their profits from it? Whilst for buying Bitcoin and holding it, you have no pressure holding it and regardless of your knowledge on the market, it's all starting with Bitcoin. This whole bull run is starting from the triggers that will be done entirely by Bitcoin through halving and the etfs that we've got already.Altcoins can indeed get x10 - x100 profits only a few people do that, but behind him can be high profits I am sure there are altcoins that are not worth when they were bought first, however I myself have experienced investing in long-term altcoins that ended badly.
Bitcoin, if you HODL not sell you will not lose, many moments occur in bitcoin that you mention, especially the halving which is getting closer to take advantage of the current price because I myself am optimistic about bitcoin to $100K.
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