Topic: Bull run again, huh - page 3. (Read 755 times)

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.

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.

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.

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.

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.

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.

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.

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.

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.

So you want to ask about the bull run this year or 2021? Normally when a bull run or halving occurs prices will rise drastically and quickly. but the bull run in 2021 is unique because price increases occurred twice and ATH occurred twice in a year. this is crypto, something that seems impossible can happen.

What you said is what happened in the past but whether it will continue to repeat itself in the future is still a question. Historically, bitcoin never reached its old ATH before the halving, but this time things changed, bitcoin reached $69k a few days before falling back to $62k. This change is said to be due to the impact of ETF funds being approved, so I think the next developments are very unpredictable. I don't think we will still maintain the cycle 4 years from now, things will change, but how it will change, only time can tell us.

It is reasonable to expect it to have something like that, it wouldn't really be worrisome at all. I understand why people think of it in a different light, but that's just how it is in most cases. I personally believe that it should be quite fun, and that's why I think it is going to be fine.

Having this type of situation means that I am going to end up with something much larger, and that's always an important aspect of it. I get that it may feel like something is changing, but that doesn't mean that it is going to be all that crazy. Think about it this way, I could literally see it changing long term, and that means it is going to be fully fine. I hope that it can get to a point where we are going to end up making a lot more money for sure.

First off, 2021 it hit $69k, and it bottomed in the crash at $15k.

This is the four year market cycle. Every four years Bitcoin has a large bull run in which prices go far higher than ever before, and then when that is over it crashes to a price far higher than the previous crash. Then it spends a couple years building back up to the next bull run. That's the four year market cycle. And we are entering the next bull run now. So the price will go much higher over the coming year or so, and then it should crash again to a price much higher than the last crash in 2022.

Bitcoin moves its value over time. OP, you mentioned the bull market in Bitcoin. I would say that before the Bitcoin halving the market goes up and after the halving Bitcoin cuts some of its value. For example, in 2021, the price of Bitcoin exceeded $69,000 before the halving. After a few days, the price of Bitcoin gradually decreased and finally it went down to $15,000. But now in 2024 again since there is Bitcoin right before the halving, now the price of Bitcoin has gone up again. Currently, its value in the crypto currency market is 66 thousand dollars. But the way it's starting to go up in value, maybe it could lose $70,000 next month.

There will always be fall downs, its referred to a lot as "Corrections". Look at the markets from Tuesday
Bitcoin climbed up to $69,000 and shot back to $59,000 - dropping by $10,00, its called a GOD candle
but usually God candles are Green. Thats just a recent example of what can happen so yes it is normal.




The realistic expectation for the Bull run is at least passing the ATH and moving towards $100k, there
is a lot of expectations that ranges well beyond $100k is achievable.

If you are looking for an exact number that Bitcoin will reach or a guarantee of some sort relating
to price and time nobody can provide that - thats why this board is called the "Speculation" board.

Right now from what I can tell is everyone is buying bitcoin or memecoins because they are expecting bitcoin to at least hit $100K this time around.

They know that whenever the ATH is broken, usually there is a huge rally right after. Since $100K is only $31K away, many are speculating that their investment will at the bear min reach that figure.

Look at IBIT yesterday. We had $800M inflows there alone. The boomers with their 401K are buying the ATH break. Going to be a busy year.

To me, a bull run is about prices steadily rising over time, with occasional dips. As long as the overall trend is upward, it's a bullish market. If prices start consistently dropping, the bull run is over. For me, it's all about the long-term growth. Temporary setbacks don't derail it as long as buyers continue to participate. Of course, others may see it differently.

a realistic expectation is the price going up but most important of all to learn is that there is halving. again huh.
well it's just what it is huh. halving is near. this is what you should have learned when you got into BTC. even without the technical knowledge as long as you know the halving date, i think you can make money.



when the price dips at least 30% - 50% it just exhausts the bulls and they are just resting.

Most people who haven't seen a bull run so far think that when the bull run is here, the market keeps going up straight which isn't true. Even during the bull run, there can be corrections and dips and times when the market becomes stable or stagnant at a certain price point. So if you see such a thing happening, understand that it is normal for Bitcoin or the cryptocurrency market to face these things at any time.
So you should know that the market can dip even in the bull run, though there is no specific percentage that you can consider normal and beyond that abnormal, but it is just that you should expect such things during the bull run as well.

It is difficult to say whether those price drops were a manifestation of the “normality” of bitcoin, because it was all accompanied by various negative news backgrounds. I mean, events in the cryptoindustry can directly affect the btc exchange rate. The exchange crashed - massive sales and the price falls. Bitcoin ETF was approved - the price is rising. Added to all this is the cyclical nature of bitcoin with its restrictions on production. There are so many different aspects involved here that talking about whether a fall is normal in a bull market seems not worth discussing. Everything that happens in the cryptomarket is “abnormal”. And that's good, because there are a lot of opportunities.

Do you want to know what ATH might be like this time? The answer is any, but certainly it should be higher than last time.


Most BTC-investors, I'm sure, are fixated on the cost of it and only invest because of past performance (multiple returns). I wouldn't say that these investors got burned because they had the "wrong" investment view. It doesn’t matter what reasons prompted you to buy bitcoin (obsession with the cost or understanding of btc), 1BTC in your wallet still remains 1BTC. Whether you fail or not depends on your personal actions (the successful moment of the sale).

A useful tip when there is a sharper drop you should be able to take advantage of buying more because it will go up again don't be late and don't just stare at the market when the price goes down.

I think after the increase then down it is normal behavior in the bitcoin market for sure when the price is high for a significant time then there will be a correction that will come but we never know how deep the price of bitcoin is but to go down to half the price is impossible because now bitcoin will definitely continue to stay at a high price.

I didn't see so much history before because at that time I didn't pay attention to it but we are optimistic that the price of bitcoin will be in the $60K area now heading bullish.