Bull Run in Bitcoin - page 8. | Bitcointalksearch.org

Obito

sr. member

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Quote

I think bitcoin is now on the stage of unpredictable mood that you can not be certain when bull or bear will resume. Like you said in 2021 , people expecting the repeat of altcoins bull back in 2017 but it didn't happen. Bitcoin has had a bull in 2020 and 2021 but altcoins not moving like that just very few coins. I agree that the market is getting matured with the time.

I think that being unpredictable is a good thing for this market, look at the possibility when people use that predictability to their advantage, I am sure that bitcoin would become the enemy of the people because the few is going to use any means necessary to manipulate the movement in their favor. i think we will probably see more maturity in the future but I don't think that it's enough right now.

mk4

legendary

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Merit: 3873

📟 t3rminal.xyz

As time goes and as more and more money comes in(slowly but surely), bitcoin and the markets in it's entirety will have reduced volatility over time. But then, I'm definitely not going to call this market "mature"; I mean, we literally still have Cardano and XRP at the top 10.

pooya87

legendary

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Merit: 10611

I don't think we have ever had any altcoin bull runs to this day. We only had altcoin pumping seasons which usually happen when bitcoin price is soaring and is attracting a lot of attention by being mentioned in the media every day. Basically the newcomers who enter bitcoin world are suddenly bombarded with a lot of shitcoin advertisement which they usually fall for and end up buying the shitcoins hence causing the altcoin pumps.

As for bitcoin bull run, it has been going on ever since 2019 when price broke out of $3k range and has been rising ever since with short term corrections.

JohnBitCo

sr. member

Activity: 2030

Merit: 356

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 ?

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