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Topic: Bull run again, huh - page 4. (Read 949 times)

full member
Activity: 1442
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March 08, 2024, 07:16:27 AM
#26
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.
legendary
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Leading Crypto Sports Betting & Casino Platform
March 08, 2024, 04:45:36 AM
#25
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 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.


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.
legendary
Activity: 2772
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March 08, 2024, 03:39:34 AM
#24
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.
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.
hero member
Activity: 2240
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March 07, 2024, 12:30:04 PM
#23
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 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.
member
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Merit: 33
March 07, 2024, 12:03:25 PM
#22
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.
legendary
Activity: 2464
Merit: 1387
March 07, 2024, 03:34:47 AM
#21
...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.

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.



On this forum, I found out some information, and seriously want to ask it here.
What is a realistic expectation from the bull run....

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.
legendary
Activity: 3808
Merit: 1723
March 07, 2024, 12:21:58 AM
#20
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.
newbie
Activity: 43
Merit: 0
March 06, 2024, 11:42:24 PM
#19
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.
legendary
Activity: 3234
Merit: 1055
March 06, 2024, 01:35:29 PM
#18
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.

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.
hero member
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March 06, 2024, 01:26:42 PM
#17
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.

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.
legendary
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Playbet.io - Crypto Casino and Sportsbook
March 06, 2024, 12:56:45 PM
#16
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.
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”. Smiley 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 importantly, don't focus on the price. If you want to invest in Bitcoin merely because it performed well in the past, you're likely to get burned. Inform yourself what Bitcoin is all about and how it works. Then decide for yourself if it's a worthwhile investment (assuming that is your underlying question).
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).
sr. member
Activity: 294
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HODL - BTC
March 06, 2024, 12:27:26 PM
#15
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.
full member
Activity: 476
Merit: 227
March 06, 2024, 09:19:50 AM
#14
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.

It is very hard to tell realistic expectations about market sentiments you can assume it is nearly impossible to guess market sentiments 100% so accurately. All the assumptions, expectations, and predictions are made on the basis of analysis which can be wrong or right. The Bitcoin market sometimes moves so unexpectedly. hmm as you are talking about the last bull season where we have noticed a big crash after creating All all-time high of Bitcoin. Market comes to Bear Makret where all those who have made a good amount of profit and booked before the crash had bought buy back to enjoy another bull run which is of current time bull run.

This bull season is going to be very special where bitcoin has already broken its previous all-time high just before the halving event and from this you can have an idea of how the bullsih market is. We will experience a real game after the halving event where we all experience again the market even more bullish. Actuualy, in my opinion, all the reasons behind this, Approvals of Bitcoin ETF, involvement of Big institutions in the bitcoin, Lastly it is bull run all these together make market more and more bullish. But you have to do your own research on it according to the historical analysis and the current analysis of the bitcoin market and its conclusion will help you to have somehow working expectations about the bull season. Many Thanks!
hero member
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March 06, 2024, 08:36:38 AM
#13
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.
Learn about Double top and compares it with the last bull run of Bitcoin in 2021.

Double Top: Definition, Patterns, and Use in Trading

After hitting a peak, price must be corrected but it can rally after all and make a double top. After that, we will have a bear market and the double top will prolong the bull market, give market makers more time to complete their distribution phase.
hero member
Activity: 2520
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March 06, 2024, 08:19:53 AM
#12
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 will never know what will happen next after the bull run occur what's important there is you are well prepared for certain situation might happen like what you have said. There's a chance that history will repeat itself and we see those big dumps that's why its important to know what you want in this season so that no regrets will happen then you will still happy with the result you gain from this season.

We might see different behavior for bitcoin since adoption now is much stronger but we still to be prepare on some possibilities and we should learn from past events happen then not to be so greedy for asking for more that's why its really better to secure when you think its time to do it and never regret any selling decision as long as you are in profit since this is good rather than been caught by a big dump.
legendary
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March 06, 2024, 08:15:56 AM
#11
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.
legendary
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Playgram - The Telegram Casino
March 06, 2024, 08:13:26 AM
#10
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.
A realistic expectation would be putting us in the range of a 7× or 8× from the bottom of the current cycle. The bottom of this cycle sits at about $16k and we're at $66k, so we are already at 4× from the bottom, and we have enough room to double from our current position to $120-130k before this cycle runs out.

It certainly can go higher than this.

But is this price fall normal in the bull run?? What is a helpful tip here.
Wasn't normal before that cycle.
A helpful tip would be to not rely too much on the events of the past market to predict the current one.
member
Activity: 88
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March 06, 2024, 08:11:52 AM
#9
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.

It is the natural behavior of Bitcoin. You say it price falls, but bitcoiners calls it correction. If you ask me what I expect from the bull run, Bitcoin will hit another all-time high and most of the alts will rise up to 5x if the bull run continues for more than three months. This is what I am expecting from Bull Run. The question is how long the bull run will be on the market? The answer, nobody knows!

The halving event is ahead and I consider this is just beginning of the bull run. I believe the bull run should stay more than three months if something bad does not happen. But, if some companies decide to sell a big amount of bitcoin, we may see panic sell as well.
hero member
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March 06, 2024, 07:31:35 AM
#8
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.   
full member
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March 06, 2024, 07:09:07 AM
#7
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.

Hey! Welcome to the forum.  Yeah, that huge spike upwards in Bitcoin's price back in March 2021 definitely caught some attention.  Went soaring up before coming back down hard - even when things are looking optimistic overall in crypto, that kinda rollercoaster ain't out of the ordinary.  But you need to understand that at that time there were also some external factors that influenced the rapid price drop, such as Musk's decision on Tesla and Bitcoin.

I know those sudden drops can feel scary af.  But here's a lil tip if the daily turbulence gets you feeling uneasy: dont sweat it too much.  Keep the long term vision in mind.
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