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Topic: Bull run again, huh - page 3. (Read 933 times)

hero member
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April 02, 2024, 01:38:58 PM
#46
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.
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.
hero member
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April 02, 2024, 01:27:40 PM
#45
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.
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.

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.

If you know much about bitcoin in cryptocurrency, you should be able to discover that there's no how you can expect the market without being volatile, we have seasons in bitcoin, the bull season and the bear season, we have circles as well where we can accumulate, dispose and the rest, the price fall will determine the current season we are into, the rate of bitcoin supply to demand, the market sales and investors capitalization on bitcoin along with other macro and micro economical influence which are all part of what make up why the market is being volatile to either rise or fall on a particular time.   
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.

Bitcoin always repeat its history if you can see that the price of the bitcoin already surpassed its last all-time high and we are now sitting with the 60k price possible there will be a correction when the halving comes and we expect another pump after the coming months but still no one knows just doing an analysis. Currently, I'm expecting that he market will reach around 80k after the halving and in the middle of the year hoping all of the golden hands gets profit if possible we reached the 100k. If you can accumulate as possible and enjoy the bullrun.
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.
hero member
Activity: 2828
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April 02, 2024, 04:45:24 AM
#44
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.
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.
hero member
Activity: 1022
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March 27, 2024, 05:00:10 PM
#43
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.
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.
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.
sr. member
Activity: 1498
Merit: 443
March 27, 2024, 04:54:50 PM
#42
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.
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.

sr. member
Activity: 924
Merit: 365
March 27, 2024, 04:46:37 PM
#41
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.
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.
sr. member
Activity: 2422
Merit: 357
March 27, 2024, 04:29:53 PM
#40
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.
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.
sr. member
Activity: 476
Merit: 307
March 27, 2024, 04:11:54 PM
#39
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.
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.
legendary
Activity: 2716
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March 27, 2024, 03:54:51 PM
#38
-snip-
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.
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.
hero member
Activity: 2842
Merit: 772
March 27, 2024, 11:12:29 AM
#37
The price of Bitcoin moves in cycles with a duration of four years, after four years Bitcoin halving begins, this is the only halving cycle. This halving cycle will take place for the fourth time in 2024, so Bitcoin's peak value has been touched in each halving cycle. So no one can say exactly where Bitcoin price will touch so it can be a subjective question. Because Bitcoin prices are always up and down, no one can say for sure yet.
Now Bitcoin has shown a new history this year by making ATH before the halving, so this is something unexpected even though it was something that everyone expected before, so many people are starting to be surprised by the achievements of Bitcoin's price so far. I also think that the Bitcoin price increase will continue this month, and make this year's halving have a more different color than previous years. Because something like now has never happened in the previous cycle when Bitcoin started halving.

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.
member
Activity: 224
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March 17, 2024, 01:59:14 AM
#36
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.

full member
Activity: 476
Merit: 141
March 16, 2024, 07:00:19 AM
#35
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.

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.
hero member
Activity: 1050
Merit: 844
March 15, 2024, 01:20:39 PM
#34
The price of Bitcoin moves in cycles with a duration of four years, after four years Bitcoin halving begins, this is the only halving cycle. This halving cycle will take place for the fourth time in 2024, so Bitcoin's peak value has been touched in each halving cycle. So no one can say exactly where Bitcoin price will touch so it can be a subjective question. Because Bitcoin prices are always up and down, no one can say for sure yet.
Now Bitcoin has shown a new history this year by making ATH before the halving, so this is something unexpected even though it was something that everyone expected before, so many people are starting to be surprised by the achievements of Bitcoin's price so far. I also think that the Bitcoin price increase will continue this month, and make this year's halving have a more different color than previous years. Because something like now has never happened in the previous cycle when Bitcoin started halving.
hero member
Activity: 1400
Merit: 674
March 13, 2024, 04:39:02 AM
#33
Basically the market always moves up and down according to the supply and demand for bitcoin itself, since the beginning of 2024 bitcoin has experienced quite good acceptance and has become one of the assets that is highly championed by many as the safest investment alternative in digital assets, bitcoin soared in price after a few weeks of ETF approval, and that is a joy for us, I see how institutions compete with each other to collect bitcoin for their grip in running their industry.
Halving is just a matter of days, in about a month we will see the 4th halving of bitcoin, and supply to the market will be scarce. Bullrun we are seeing it even from last December if it's from my perspective.
full member
Activity: 448
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March 13, 2024, 04:23:25 AM
#32
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.
Before the Bitcoin halving, the price of Bitcoin has risen abnormally, with Bitcoin surpassing its previous all-time high. We saw Bitcoin price peak in 2021. But the way Bitcoin price has risen this year, I never imagined it would happen like this. Many are analyzing whether Bitcoin will reach $100k before the halving, but I think Bitcoin may go between $80k-$90k before the halving, making it difficult to predict whether Bitcoin will undergo a major correction. Expect a bull run after Bitcoin halves next month to see Bitcoin surpass $100k. No one can predict what the coming days of Bitcoin might hold, but we can certainly look forward to a bull run.
hero member
Activity: 2870
Merit: 594
March 12, 2024, 08:35:28 AM
#31
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.
I think this is the normal behavior of Bitcoin. As many of us who are closely connected with cryptocurrencies may know that the price of Bitcoin hit an all-time high in 2021. Since then we haven't seen any significant growth in Bitcoin but three years later in 2024 its price hit an all-time high again. As you mentioned when bitcoin price hit $61k and dropped to $35k it was called a market correction. This market correction happens constantly in the cryptocurrency market.
The only difference is that we are hitting new all time high and this is a first. If we go on what you have describe, then the new all time high should be after the halving. But that is not the case already. Of course, when we enter bear market, we won't see any significant increase, and on the contrary, the price will go down hard.

We may be in the early stages of a bull run many of us or many investors are predicting a bull run in the market after Bitcoin Halving. We all expect the Bitcoin price to reach much higher heights during the bull run.
That's what I'm saying, if we are to look at it's previous history, the bull run should be happening April>December of 2024. But the unexpected happen and again, there could be many first this bull cycle, pre-halving all time high and most likely we will see a huge run, and we are going to hit 6 digits in 2025.
sr. member
Activity: 392
Merit: 350
March 12, 2024, 03:40:10 AM
#30
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.
I think this is the normal behavior of Bitcoin. As many of us who are closely connected with cryptocurrencies may know that the price of Bitcoin hit an all-time high in 2021. Since then we haven't seen any significant growth in Bitcoin but three years later in 2024 its price hit an all-time high again. As you mentioned when bitcoin price hit $61k and dropped to $35k it was called a market correction. This market correction happens constantly in the cryptocurrency market.

We may be in the early stages of a bull run many of us or many investors are predicting a bull run in the market after Bitcoin Halving. We all expect the Bitcoin price to reach much higher heights during the bull run.
member
Activity: 742
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March 12, 2024, 03:33:08 AM
#29
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.

The price of Bitcoin moves in cycles with a duration of four years, after four years Bitcoin halving begins, this is the only halving cycle. This halving cycle will take place for the fourth time in 2024, so Bitcoin's peak value has been touched in each halving cycle. So no one can say exactly where Bitcoin price will touch so it can be a subjective question. Because Bitcoin prices are always up and down, no one can say for sure yet.
STT
legendary
Activity: 4088
Merit: 1452
March 11, 2024, 06:59:35 PM
#28
We've barely moved past the last ATH so some people think 100k is within reach this time around I reckon some compromise figure between 68k and 99k maybe is more reasonable for this year then a pullback then maybe later a higher figure or not depending on the wider world economy.

78k is the near term target figure given for this current wave upwards, so March or April type time frame.  I do think even within halvening timeframe occurring we can pullback before high summer and then rise higher in this year.  Reason being is always a pullback occurs even during positive periods of BTC, some of the moves forward contain sellers and they will go out of the price from time to time no matter what; everyone is trying to second guess the other guy in a game of chicken when they sell in any particular time frame.

Behind the spikes up and down theres a tide of price action movement that will take us within grasp of much higher figures.  I've really been waiting for Dollar index to lose 100 before expecting the largest figures to appear, its been down recently and some news of speculative FED moves to loosen some of the higher base rates by central banks but thats just rumor which can swing either way.

  Judge these 70k prices, observe strength or if the market is tired and base your guess from that.  I still dont feel especially wrong to believe we stay around 68k for most of the year but I can be wrong easily as inflation is no way cured for all the major currencies.
full member
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March 11, 2024, 02:33:29 PM
#27
Quote from: Peanutswar
Bitcoin always repeat its history if you can see that the price of the bitcoin already surpassed its last all-time high and we are now sitting with the 60k price possible there will be a correction when the halving comes and we expect another pump after the coming months but still no one knows just doing an analysis. Currently, I'm expecting that he market will reach around 80k after the halving and in the middle of the year hoping all of the golden hands gets profit if possible we reached the 100k. If you can accumulate as possible and enjoy the bullrun.
I have experienced last 3 years bull run and this year bull run that made me to learn so many things from the market to always continue hodling whenever there is a bear run which is the best strategy many hodlers are using to earn profits from the market during the massive bull run.

 Since there are still some hodlers hodling BTC for the price to hit $80k before they can sell, I believe the price is rising to that level because the price has rise above $72k this afternoon and there are some signs that show that $100k is possible for those that are still hodling their BTC till now to experience when time come.
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