Topic: Bull run again, huh - page 2. (Read 755 times)

you are asking about 2021 when you should have asked about this 2024 ? if you are asking about that specific growth in march 2021 and dumped then that is correction and again climbed up to 68k before the bear completely come.

but this year Bull run have had happened just after you posted this so myquestion is that "have you bought that day"? or continue asking the same BS again and not putting any money on it?

A trailing stop loss works best during these situations. We know that it will go up but we should fear about it going down, so what I suggest is putting a stop loss at night before you sleep, to 10% lower than what the price is at that moment, that means even if it goes up, then you will rearrange the situation and change it a bit.

I believe it could do very well and we could probably benefit it as much as we possibly could. That should not be an issue for anyone, and we could probably get a much better result. I know that people worry about a fall, but they should take advantage of the increase as much as they can without a worry, a trailing stop loss allows people to take advantage as much as they can without worrying about anything else.

This 2024 halving may have a little change in dimension in such a way that we can have the bullrun new all time high at anytime, since we had it begun earlier this year and we also experience a new all time high right before the halving, there is more expectations to see that the market rises to $120,000 all time high before the end of this year, once all these had been achieved, the following year may proceeds with the bear market market.   

Try not to fell from comparing what had happened in the past bullrun and in what we have here now , because the past halving there are no spot ETF approval but with this having now? am afraid that  we are in different pace of market now.
imagine for the first time we have broken ETH not even without halving taking place?
that is far from what we have seen many times before.

Occasionally Bitcoin price dip during bull run is normal, but the goal is that it recovers quickly and keeps increasing, just like what we're experiencing now, price surged to over $72k reaching a new ATH, and it dipped to $64k then it started to rally again, and as long as the price pump is greater than the price dump, that means that we're still in the bull run. When price starts to dip lower and lower despite occasional slight pump, then bear run has started to set in, these will keep happening until another bull run when a new ATH will happen, that's how the Bitcoin seasons works.

Actually bitcoin cannot remain in a single state and it will be changing by showing regular ups and downs so I think that every year is not same and every bull season is different from others because the value attained by bitcoin and other coins are different during every Bull season.

But remember that falls and rise depends on buying and selling so it is obvious that now if people wants to buy more bitcoin the price will surges but when they start selling after halving then eventually the price will start to fall which means that Bull and bear season comes after one another.

We cannot predict the market on minimum changes like now the price is 66k$ which does not implies that Bull season become ends so be careful in current situations as some correction will become a cause of market fall but don't be afraid of buying bitcoin as we will certainly see another pump.

And with the upcoming halving, which makes the supply super scarce, the demand is going to be very high this year and 2025 and that's why we are expecting like $100k as what others have predicted.

We have seen new all time high already, but that is not the top price, its just the tip of this bull run. That surge might be due to the approval of Bitcoin Spot ETF. But the catalyst of this bull run is the halving and we are going to see it this month if I'm not mistaken, so it's going to be a promising year for all of us.

we are on same track...the things that also helps for increment of Bitcoin from the demands aspect is adoption, because if more companies such as amazon, apple, adoption bitcoin as means of payment and also invest large amount of funds in bitcoin and information have it that amazon or apple companies has invested largely in bitcoin, its obvious that they will be mega traffic in bitcoin adoption, and that will make the demand to be higher than the supply...so may things may contribute for increased of bitcoin...when we say supply, you know quite well that supply is what contribute almost 80% of bitcoin degradation in value, when the supply as you said is of higher potential than the demand you will see how the market of Bitcoin will start crashing,  so we are of the same opinion.

the price may fall and may not fall before we experienced halving, its obvious that price of bitcoin is unpredictable and the future of Bitcoin interchanges without anyone awareness, so since it has regained it price as it dropped from seventy three thousand to fifty five to fifty eight thousand and return to seventy thousand to sixty nine thousand, their is every possibility that the price may decrease again because the price is not on constant flow, sometimes the price adjust in market for correction or it decreases base on information that hits bitcoin and it's technology...we can't be sure that the price will not experienced falling before we entered into halving.

What mostly determines the price of bitcoin to go that high is when the demands is very high than the supply, meaning if there are much buying order than the selling other this would now cause the price to surge the way can't even imagine. Reason that those that hold would never want to sell except for those that doing trading, even as that the price would keeps surging, coupled with when there is good news surrounding the market because I always believed that positive news gives a serious lift to the bitcoin price. Just as the Bitcoin ETF created a new ATH without even getting to the halving main month.

The thing is that in cryptocurrency especially Bitcoin don't have a specific increasing point it can increase today and they also decrease tomorrow there is also every tendency that has the price of Bitcoin is at seventy to sixty nine thousand [70k/69k] ot can move back to fifty-five or forty-five thousand [55k/45k] so the price is unpredictable and that is why we don't need to depend on the speculation of Bitcoin price because the price can interchange at any point in time and also what makes the price to continue accelerating is based on the gravity of demand and supply, obvious that when the demand is higher than the supply the price of Bitcoin continue to increase, but when the supply is extremely higher than demand the price decreases.

ordinarily we cannot justify the price of Bitcoin based on it has fall in price before since 2017 when is the increase and also increase back so it is obvious that you got it right that the price of Bitcoin is being determined by the the demand and the supply of the market because when the price is high that means the demand is also high when the price is low that means the supply is higher so that is only thing that we can say about bitcoin and its regulations of price.

how do you say this is exaggeration because it may be that the price of may not increase more than our expectation after having because what makes the Bitcoin to continue to accelerate in price is when there is a massive adoption in cryptocurrency there is every tendency that the price of Bitcoin will not to reach hundreds thousand as we expected after halving...so the increment of Bitcoin is something we know that is uncontrollable and unpredictable.

Optimism is good and we are all optimists, but one thing should always be kept in mind whether the market goes up or down is not in our hands, so we should always prepare ourselves for all kinds of situations.

I have noticed that new people coming to this forum are following our posts, many people trade believing our predictions to be correct. So we should never say with certainty that this is the time that the market cannot go down from here or it is time that the market will only go up.
That's why I always say that anything is possible in the crypto market and you have to keep your mind ready for any eventuality.

From the recent bitcoin market movement, it shows that we may likely not see any dip drop in price at least for the time being up until bitcoin halving that is just a few days away from this day, I think with a little drop and pick ups we will ride along to the next major face of the market that will determine a whole lot for the next phase of bitcoin, bull market is around the corner already since bitcoin made the benchmark of a new price high and also being stably above the last 2021 all time price.

Those that are experts in DCA will be making alot of gains along the line and also record's alot of loses but in the end we are going to have a provable long terms gains on the market in the coming months.

Volatile is the nature of crypto market. The price sometimes can increase or decrease in a short time. We can see Bitcoin increased to %73k just in few days and it dropped to $62k just in 1-2 days. It described very well about the volatility in crypto market. I think most investors understand this well, they know that the volatility is a part of this crypto market.

Since we will have Bitcoin halving, I am sure the decline will last temporarily. Everyone must realize that the price has increase above $70k again yesterday. So, the volatile in crypto market is real. Bitcoin price is a perfect example of the volatility in the recent days.

When we refer to the crypto market as volatile, we mean that it can quickly move in any direction and result in either enormous gains or losses. Investors can profit from any movement they decide to exhibit by selling at a profit or buying more at a discount price. 
As it stands, we have no idea if the market will see frequent price declines during the halving or ahead of this approaching halving in a few weeks, or if we are to see something similar to that of 2021 halving, given how different this year's halving looks and how bitcoin reached a new all-time high before the halving season.

We’ll see because we’ve already hit a new ATH so let’s see if we can still go high after hitting it.
The market is still recovering from the recent correction, let’s hope for the better after the halving since many are still looking forward for the price of $100k and there’s nothing wrong to predict such value with Bitcoin, the peak is still within the reach.

To better enjoy investing in bitcoin, you should look beyond the bull run, ask yourself what the future of bitcoin looks like, this will help you know how to plan your investment. By design, bitcoin will continue to increase in value, the records have shown so and any dip will not remain like that forever. If you can see bitcoin in the next ten years, paint a mental picture and compare it with the past, you will see how motivated you will become with respect to buying and holding bitcoin. It is too risky buying bitcoin because you think bull run is coming so that you can sell and make quick profits.

I was also lucky to save most of the Bitcoin I bought at around $20k, and some were even below that price.
it is a very good entry and gives quite a lot of profit when the ATH price is reached.

Taking advantage of any drop would be excellent for accumulating holdings of held Bitcoin,
this would be good for the long term or when the price touches ATH$100k++.

2024-2025 is the year that Bitcoin continues to reach new ATH, and these will be the years that provide many gains.

Yeah, no one really expects that the market is going to be big like this, even reaching new all time high before the halving. And if we touch $100k this bull run, it is another first to us. So this 2024 seems to be a very lucky year for crypto as also predicted by non-crypto individuals.

But for us crypto enthusiasts, we are lucky that we have enough time to accumulate before the market goes on a wild ride to a new all time high at 6 digits. For sure majority of us already save and stash some Bitcoin already and will just watch how our money will grow once we reach new all time high in 2025.

Bitcoin is a volatile asset and its normal to experience such price decline and increase in short amount of times and anything could trigger this price movement but mostly from selling and buying from investors or big companies, like earlier this year when we were still unaware of the bull Grayscale was actually selling massively and that affected the price to drop about 10% or more and hit 35k, so yeah stuff like this can happen and very often in bitcoin.

Bitcoin halving cycle It comes four years, if you notice the Bitcoin halving cycle took place in 2020, and from there there was a big bull run in 2021 year. Anticipating this bull run, the price of Bitcoin touched 69K, which was the largest recorded Bitcoin increase in Bitcoin history. But in 2024, this changed to 73.6K, setting a record high Bitcoin price.