Bull run again, huh - page 5. | Bitcointalksearch.org

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Quote from: Kwarkam on March 06, 2024, 05:47:03 AM

So, you're saying the price fall during the bull run is perfectly normal?

Well, it all depends on what you think a bull run really means. Typically, a bull run is an extended period of price increases, but even a bull can take a breather occasionally. There might be some drops or pullbacks during a bull run but then the market finds its footing again and keeps charging ahead and as long as the general trend is up, up, up over time, I'd call that a bull market. But if prices start crashing and dont recover falling lower and lower, then the bulls have left the building. So to me, it's about the big picture - prices marching higher over an extended period. A few stumbles don't necessarily kill a bull run if buyers keep stepping in. Of course, others may have different views on what makes a true bull run.

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Quote from: Kwarkam on March 06, 2024, 04:11:34 AM

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 assume you're talking about the crash that has happened several hours ago and yes, that's a normal thing to see prior to bull run and halving. Even if we're already in the bull run, that doesn't mean that we're not going to see some corrections. Expect some bigger corrections because of how quick the price moved up for Bitcoin.

My tip for you is you just keep calm and you don't do anything when you see the crash happens. Otherwise, use that moment for you to collect some more Bitcoin because that's another window for us to buy before the higher price attains by Bitcoin.

Many have panicked and probably sold at losses because they're new to this but don't panic when you see these crashes because they're part of the growth of the market for it to reach another level of high.

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Quote from: Kwarkam on March 06, 2024, 04:11:34 AM

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.

Kwarkam

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Quote from: HeRetiK on March 06, 2024, 05:20:23 AM

Bitcoin is known for rapidly rising and falling in a cyclical fashion. Nobody can tell you what a realistic expectation for a new ATH will be and those who try will mostly be wrong. It's even hard to tell how many times Bitcoin's volatility cycles will continue to repeat themselves or at which point it will plateau. Check out historic price charts to get a feel for Bitcoin's highs and lows during each periods, but be aware that no one can tell you what the future holds.

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).

So, you're saying the price fall during the bull run is perfectly normal?

HeRetiK

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Bitcoin is known for rapidly rising and falling in a cyclical fashion. Nobody can tell you what a realistic expectation for a new ATH will be and those who try will mostly be wrong. It's even hard to tell how many times Bitcoin's volatility cycles will continue to repeat themselves or at which point it will plateau. Check out historic price charts to get a feel for Bitcoin's highs and lows during each periods, but be aware that no one can tell you what the future holds.

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).

Kwarkam

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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.

Topic: Bull run again, huh - page 5. (Read 949 times)