Bull Run in Bitcoin - page 2. | Bitcointalksearch.org

noormcs5

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Quote from: Kemarit on March 03, 2022, 02:39:19 AM

Quote from: Dave1 on February 28, 2022, 07:49:54 PM

And who would have thought that the price is going to increase despite the current situation we have right now?

No one, on the contrary, we thought that we are going to drop because of the war.

Quote from: Dave1 on February 28, 2022, 07:49:54 PM

Did bitcoin prove again that they are a hedge in such event such as covid and then now in war? I'm sure no one see the huge pump that we have, going as high as $43k and now we are looking to extend it to $45k this week.

This could be the likely reason, both sides are hedging their wealth on BTC and then we have some FOMO coming in to push the price to $45,000 but it wasn't a sustainable run.

Currently the price dip a bit to $43,000, but the threshold target should be $45,000 at least for the current month.

The dip from 45,000$ to 43,000$ is nothing in bitcoin price and this is just a normal correction. Bitcoin can't move straight up as people usually keep booking profits at key levels. I thnk that bitcoin will move up from here and bull run might resume becasue of the war situation globally. The people of russia are buying bitcoin which is causing good momentum in bitcoin prices. Soon retailers and people from all over the world will fomo and we will have a bul run in this summer.

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Quote from: Dave1 on February 28, 2022, 07:49:54 PM

And who would have thought that the price is going to increase despite the current situation we have right now?

No one, on the contrary, we thought that we are going to drop because of the war.

Quote from: Dave1 on February 28, 2022, 07:49:54 PM

Did bitcoin prove again that they are a hedge in such event such as covid and then now in war? I'm sure no one see the huge pump that we have, going as high as $43k and now we are looking to extend it to $45k this week.

This could be the likely reason, both sides are hedging their wealth on BTC and then we have some FOMO coming in to push the price to $45,000 but it wasn't a sustainable run.

Currently the price dip a bit to $43,000, but the threshold target should be $45,000 at least for the current month.

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Quote from: Wong Gendheng on March 01, 2022, 02:33:56 AM

Very happy because today the bitcoin price skyrocketed to 14%, I'm sure that in April there will be a new ATH again, tomorrow or the day after tomorrow the bitcoin price may have reached $50k, let's continue to buy and hold, don't panic if the price drops because the global bitcoin community is very strong so that it will make the demand for bitcoin continue to rise and of course the price will skyrocket.

If I were you, better not talk about new ATH, might be better to observed the price movement. Yeah it did grow tremendously in the last couple of days even after there is a ware between Russia and Ukraine. We need to see first the price going to $45k and staying at that level. I think that's the max price that we are going to see this month is around $47k-$48k before another correction. $50k might wait for a while.

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Quote from: Wong Gendheng on March 01, 2022, 02:33:56 AM

Very happy because today the bitcoin price skyrocketed to 14%, I'm sure that in April there will be a new ATH again,

seriously ? another ATH in April? do you understand this? remember that the ATH is 69,000 usd do you really believe that in beginning of 2nd quarter there will be a Bull run and make it 70k? you must be kidding with the war happening .

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tomorrow or the day after tomorrow the bitcoin price may have reached $50k, let's continue to buy and hold, don't panic if the price drops because the global bitcoin community is very strong so that it will make the demand for bitcoin continue to rise and of course the price will skyrocket.

nice try, i thought you have idea on how to do it, or at least explanation but instead you are asking us to Buy more and Hold? kinda joke right?

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Quote from: Wong Gendheng on March 01, 2022, 02:33:56 AM

Very happy because today the bitcoin price skyrocketed to 14%, I'm sure that in April there will be a new ATH again, tomorrow or the day after tomorrow the bitcoin price may have reached $50k, let's continue to buy and hold, don't panic if the price drops because the global bitcoin community is very strong so that it will make the demand for bitcoin continue to rise and of course the price will skyrocket.

What I see is bitcoin is declining for now, because of the correction phase and tensions between the two countries that are at war, indeed this does not indicate a large index that the correction is caused by the problem, because previously bitcoin has also corrected, but the effects of the two countries will affect bitcoin in the future , although we don't know how long it will last, I doubt that in April bitcoin will reach a new ATH

The decline in the price of bitcoin was caused by several events that are happening in the world, one of which is often associated with the war between Russia and Ukraine, but if you look closely, before that happened bitcoin had been correcting for so long, there is currently an upward movement in progress for bitcoin, although it doesn't look stable yet, but most importantly this will be more positive for bitcoin's future journey, it is necessary to wait a few more months for bitcoin's correction to recover, so that the market returns to normal as usual

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Very happy because today the bitcoin price skyrocketed to 14%, I'm sure that in April there will be a new ATH again, tomorrow or the day after tomorrow the bitcoin price may have reached $50k, let's continue to buy and hold, don't panic if the price drops because the global bitcoin community is very strong so that it will make the demand for bitcoin continue to rise and of course the price will skyrocket.

lizarder

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Quote from: JohnBitCo on February 11, 2022, 04:45:02 AM

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

The year 2021 bitcoin has progressed more than the previous year, the bitcoin development index has almost reached a better average value, but in the end the correction experienced at the end of 2021 until now, but if you look further, the correction has not brought bitcoin dropped to its lowest price, and I think crypto has matured, while corrections and dumps are commonplace in the market, because this cannot be separated at any time

Dave1

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And who would have thought that the price is going to increase despite the current situation we have right now? Did bitcoin prove again that they are a hedge in such event such as covid and then now in war? I'm sure no one see the huge pump that we have, going as high as $43k and now we are looking to extend it to $45k this week.

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Quote from: virasog on February 28, 2022, 01:14:14 AM

Quote from: peter0425 on February 28, 2022, 12:24:23 AM

Quote from: JohnBitCo on February 11, 2022, 04:45:02 AM

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

if someone followed your speculation and bought much Bitcoin that time ? then today they will surely crying and frustrated lol.

though there have been increase happen recently when the price runs up to 45k but that is the highest and now stays at 37k .

this same reason why I did not believe that there is a Bullrun instead i Knew it is bull trap lol.

I don't want to discuss whether we are in bull run or bull trap market. If we just forget about the bull and bear market, we shall know that bitcoin is in uptrend overall and it rewards to those who hold with patience.

If we can make 2025 the year where we may look to sell our crypto, then we will be saved from current volatility in the market.

That's the reality of the market. Rather than a bull market what we experience right now is an uptrend. There is an understanding that the market have got dumped relative to the war. This is true, but the outcome from the crash and the price pumping we experience now is not out of the worsening war situation.

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Bitcoin now has a market cap greater than the Russian Ruble after a sudden price surge coincided with a massive crash for Russia’s currency.

With the price bouncing this has happened with bitcoin and ruble. The market of bitcoin keeps progressing well with the increasing usage. Russian cryptocurrency exchanges were offline whereas Ukraine keeps receiving donations on bitcoin.

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Quote from: fzkto on February 24, 2022, 12:59:00 AM

Yesterday I said that the situation in Ukraine would not affect bitcoin much, but today after the outbreak of military action the price has fallen by 10%. But what scares me is that if the same situation happens in Taiwan, then we will definitely see a good price drop.

Sorry but what about Taiwan mate? i mean what will be happening in asian country that close to what is happening in Russia and Ukraine?

but if wars keep happening then yes we will be on the dumping situation and we will see opportunity to buy more in lowering value.

Quote from: melissacarter on February 27, 2022, 11:54:00 PM

No one can say that. But the growing popularity of bitcoin certainly tells us that the value of bitcoin will rise much more.

this will happen in long term but talking about it now? it seems wont happen in the near future .

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Quote from: peter0425 on February 28, 2022, 12:24:23 AM

Quote from: JohnBitCo on February 11, 2022, 04:45:02 AM

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

if someone followed your speculation and bought much Bitcoin that time ? then today they will surely crying and frustrated lol.

though there have been increase happen recently when the price runs up to 45k but that is the highest and now stays at 37k .

this same reason why I did not believe that there is a Bullrun instead i Knew it is bull trap lol.

I don't want to discuss whether we are in bull run or bull trap market. If we just forget about the bull and bear market, we shall know that bitcoin is in uptrend overall and it rewards to those who hold with patience.

If we can make 2025 the year where we may look to sell our crypto, then we will be saved from current volatility in the market.

peter0425

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Quote from: JohnBitCo on February 11, 2022, 04:45:02 AM

In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.

I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?

if someone followed your speculation and bought much Bitcoin that time ? then today they will surely crying and frustrated lol.

though there have been increase happen recently when the price runs up to 45k but that is the highest and now stays at 37k .

this same reason why I did not believe that there is a Bullrun instead i Knew it is bull trap lol.

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No one can say that. But the growing popularity of bitcoin certainly tells us that the value of bitcoin will rise much more.

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This means that bitcoin is currently better for short-term investments, considering that market conditions are not in normal conditions, but if a long-term target is installed, then this must be prepared for a long period of time, short-term profits are not too big profits, but at least it can be stable in filling the void of profit from investment in conditions like now, so there is a reasonable return, although not so big.

Maybe right now, bitcoin can be a short or medium-term investment but I hope you can also prepare some bitcoins to keep you on for the long term. You can buy at a low price and sell later if the price goes higher as we see now but leave some other bitcoins for later. At least you can still profit from each price increase and decrease while you still have something left over if the price gets a pump.

Quote from: Jating on February 25, 2022, 08:33:52 AM

It did recover, so we are back in the $38k range, meaning we might be looking at breaking the whole number barrier of $40k so this is a good indication that even if Russia has invaded Ukraine people remains bullish on bitcoin. And who knows, maybe next month we can see the price again at $50k as people started to flock on bitcoin because they wanted to preserve their wealth and secure their future.

Thankfully, the price is now back to the $39k level, higher than yesterday's price and hopefully, the price can rise and return to the $40k level. The opportunity for bitcoin to break the $50k level will always be wide open, although there is no certainty when it will happen. We can continue to hold our bitcoins and enjoy the price movement and also, we can buy bitcoins at low prices. Hopefully, the Russian invasion of Ukraine can stop and the price of bitcoin can break through higher price levels.

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Quote from: STT on February 25, 2022, 05:11:26 PM

Bull run can occur on multiple time frames. In 2017 we had many set backs, it took alot to recognize it was bullish the whole year despite the gains occurring repeatedly it also sold off quite harshly in that year also.
Right now I dont think we are over with the bullish phrase, perhaps because I try to remember the price action from 2017 I doubt less that BTC must fall now after losing its upper price range. We are above the weekly and could move past the monthly to challenge 50 day average, to keep that in contention makes me quite bullish for now. Overall I think 2022 is a working year not an easy gain but imo its still positive.

Hopefully you are right, what do you think of the average price though? could still be $50k?

But yeah, seems to be this year, the market is still in the bullish phase and this could be a work of progress year as maybe the $100k price target is still on the minds of the bulls that's why the price keeps on bouncing after a -50% from our last all time high. As compare to 2018 wherein the price really goes down hard months after reaching almost $20k in December. Maybe the bitcoin narrative has completely change.

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Bull run can occur on multiple time frames. In 2017 we had many set backs, it took alot to recognize it was bullish the whole year despite the gains occurring repeatedly it also sold off quite harshly in that year also.
Right now I dont think we are over with the bullish phrase, perhaps because I try to remember the price action from 2017 I doubt less that BTC must fall now after losing its upper price range. We are above the weekly and could move past the monthly to challenge 50 day average, to keep that in contention makes me quite bullish for now. Overall I think 2022 is a working year not an easy gain but imo its still positive.

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Quote from: Epaper on February 25, 2022, 09:52:33 AM

I consider that the current condition of Bitcoin is still not near a bull run like the bull run period that had occurred from 2020 to 2021. This can be seen from the price movement which is still stagnant between $35k-$45k. I predict Bitcoin price movements this year will tend to be limited to the $35k- $50k range.

we really can't expect the cycle that happened to be back every year, I think there are many factors and it will take time for us to see the bullrun cycle will happen again, 2020/21 is the biggest bullrun cycle ever in crypto and even bitcoin is able to hit a record the highest price so far, this happened because of stable global economic conditions, in addition to the large number of institutional companies that adopted bitcoin to trigger the price increase in the market, while for this year we can see if bitcoin movement tends to continue to experience correction so it is very difficult to predict price movement in the market.

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I consider that the current condition of Bitcoin is still not near a bull run like the bull run period that had occurred from 2020 to 2021. This can be seen from the price movement which is still stagnant between $35k-$45k. I predict Bitcoin price movements this year will tend to be limited to the $35k- $50k range.

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Quote from: michellee on February 24, 2022, 11:03:45 AM

Quote from: lienfaye on February 23, 2022, 10:38:58 PM

Anyway, as a long term hodler I dont believe we have to wait for the next halving before bullrun will occur (or we can reach another ATH). The market is unpredicted and the Bitcoin wont move downward consistently since many people will still take the opportunity to buy.

Hopefully, the market will recover soon and we will see the next bull run in the near. If the price can reach another ATH, I am sure we will be very happy as we already made a big profit before and then will take another big profit again. Yes, the market now becomes mysterious without knowing what will happen later. But I still believe that sooner or later, bitcoin will get more support and that means bitcoin prices will increase step by step until bitcoin reaches the last ATH.

It did recover, so we are back in the $38k range, meaning we might be looking at breaking the whole number barrier of $40k so this is a good indication that even if Russia has invaded Ukraine people remains bullish on bitcoin. And who knows, maybe next month we can see the price again at $50k as people started to flock on bitcoin because they wanted to preserve their wealth and secure their future.

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Quote from: skarais on February 24, 2022, 02:38:43 PM

Quote from: michellee on February 23, 2022, 10:20:00 PM

No one knows when the bulls will return for bitcoin, but bitcoin will go back up in the long term. For that, we are better off playing in the long term if we have difficulty taking profits in the short and medium-term. Yes, we always expect a recovery from the market but we don't know when. And by preparing everything, we can survive.

Did you see the bitcoin correction today? That's what I mean to always consider the worst case scenario so far. You and I and many others should do nothing without doing an analysis where they have only faith and optimism in any investment. When reality doesn't match expectations, disappointment may stay in the mind longer.

In my opinion, good investment management is always needed by anyone regardless of whether they are very confident about the potential of their investment assets in the future. I always consider using 50% of my capital as a reserve and that is important when the market is not going the way we expected.

Yes, I saw it yesterday. And luckily, today the market is back up to $38k. If you look at the daily trend, now could be the time for bitcoin to rise again but I don't know because the situation is still unpredictable. So we can return to profit after yesterday's decline.

People who bought bitcoins yesterday are making a decent profit today, especially if they set a target to sell at $40k. And today, it looks like the price hasn't changed much and is staying at $38k.

Topic: Bull Run in Bitcoin - page 2. (Read 937 times)