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Topic: Bull season started? (Read 1208 times)

copper member
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November 19, 2023, 09:02:28 PM
Today is the deadline for the SEC to decide whether to approve or continue to reject the ETF, I think there will be a lot of volatility today. Currently, the market is also reacting before the official announcement. I think if someone wants DCA this is probably a good time to buy and buy because SEC rejection is almost certain. The ETF will definitely be approved but this is not the right time for that big event yet. I'm not sure if bitcoin can drop to 30k-33k, but I think with this news, it's more likely that bitcoin will correct towards $34k, IMO. Let's wait and see what happens today, I have prepared USDT Cheesy Cheesy.
I would have loved it if you had some sources to back your claim of SEC's arrivals deadline for those who are not conversant with it, this is a very good one and truly 17th of November is symbolic For Bitcoin and other cryptocurrencies.

[1] SEC’s first window to approve all 12 spot
[2] There’s still a 90% chance for approval by Jan. 10

It is an eight-day window from the 9th of November to the 17th of November for all the 12 spots ETF fillings and the crypto market has been energetic before now. But as the days pass, the more the bullish tempo reduces, this is a sign of disapproval but let's still see how things unfold. The filing of the approval is being attended bit by bit per the proposed ETF companies and if it fails this season, there is still hope till the 10th of January. But my fear is what caused its disapproval now will not suddenly disappear at that time.

I do believe it is still next year the SEC might ignore this year applicant the good news is the more investment manager is filling ETF wheter that BTC or other crypto as well from small to big companies like BlackRock

if Vanguard join the party by filling bitcoin ETF Im 10000% sure that SEC gonna approve all the ETF since Vanguard and BlackRock alone is controlling the US companies hahahah
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
November 19, 2023, 05:07:38 PM
I don't blame any investors who're thinking history's going to repeat itself in terms if Bitcoin price going up during or after halving's going to take place. Halving doesn't guarantee bitcoin's going to increase but investors expect it. I'd advise ppl to avoid FOMO.

Well you can't blame anyone who actually thinks history will repeat itself in terms of Bitcoin price going up during or after the halving as that's the only view people got close to an accurate prediction on the price market. This taught has made so many people hopeful and that's why everyone in the crypto space today is making plans towards this bull season is speculated to come after the halving which for me can change no doubt but it worth hoping for as it has been so for almost three seasons now .
Everyone who is into cryptocurrency investment is surprised of bitcoin rising and falling, so therefore any investors who predict that the price of bitcoin maybe going up after halving I think their right, and secondly its well known and understood that bitcoin price always increases in price after halving it has been the tradition of bitcoin, another thing in bitcoin price is that the more the demands the more the price of bitcoin get increased so therefore I believe that bitcoin price always rise when the demands is high or their is new adoption of company that accept bitcoin as means of payment.
Demand is indeed the major market propoerler and that is what have always been the reality with bitcoin and also haven't proven a number of time that some few adoption and news can affect the general outlook of the bitcoin market,  it has become very imports to treat each and every point with care and high alertness this is very important and on time at most.

The market has always been a reaction or something that triggers the price to move in a particular direction and at a constant time,  bitcoin always make makes more progress.
hero member
Activity: 1498
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November 19, 2023, 04:52:52 PM
I don't blame any investors who're thinking history's going to repeat itself in terms if Bitcoin price going up during or after halving's going to take place. Halving doesn't guarantee bitcoin's going to increase but investors expect it. I'd advise ppl to avoid FOMO.

Well you can't blame anyone who actually thinks history will repeat itself in terms of Bitcoin price going up during or after the halving as that's the only view people got close to an accurate prediction on the price market. This taught has made so many people hopeful and that's why everyone in the crypto space today is making plans towards this bull season is speculated to come after the halving which for me can change no doubt but it worth hoping for as it has been so for almost three seasons now .
Everyone who is into cryptocurrency investment is surprised of bitcoin rising and falling, so therefore any investors who predict that the price of bitcoin maybe going up after halving I think their right, and secondly its well known and understood that bitcoin price always increases in price after halving it has been the tradition of bitcoin, another thing in bitcoin price is that the more the demands the more the price of bitcoin get increased so therefore I believe that bitcoin price always rise when the demands is high or their is new adoption of company that accept bitcoin as means of payment.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
November 19, 2023, 04:22:20 PM
I think the bitcoin bull market has started, because the value of bitcoin is constantly increasing. Its value is not stopping it is constantly increasing. Because the price of Bitcoin has gone from 26k to 37k in the last three weeks. In other words, its value increased by more than 10k within three weeks. So I think that the Bitcoin fertilizer market has started because it is still going up.
Actually, it is not that important to find out whether the bull season has started or not because the most important thing is how we are ready to enter that season if we keep finding out but never try to add Bitcoin to our wallet by buying then the bull season will not provide profits whatever to us, so start by accumulating Bitcoin now because the price is still cheap at least below +-40% of the last ATH so the opportunity to make a profit during the bullish period will be greater if you start adding Bitcoin to your bag now.
At the moment we are not looking for the bull season but a friendly market that allows us to catch risks and avoid some undue holding if we are practising the DCA approach this is the best time to take profits most especially if you bought Bitcoin while it was below the $20,000 price region because currently, bitcoin is attempting the $37,000 price benchmark which is already a good profits percentage if you take a short term position of the market.

We don't have to attain the all-time high price before we make profits,  because in most cases,  what is important is the buy vs the sell position which is what determines how much you earn in interest on your assets.
full member
Activity: 896
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November 19, 2023, 04:10:09 PM
I don't blame any investors who're thinking history's going to repeat itself in terms if Bitcoin price going up during or after halving's going to take place. Halving doesn't guarantee bitcoin's going to increase but investors expect it. I'd advise ppl to avoid FOMO.

Well you can't blame anyone who actually thinks history will repeat itself in terms of Bitcoin price going up during or after the halving as that's the only view people got close to an accurate prediction on the price market. This taught has made so many people hopeful and that's why everyone in the crypto space today is making plans towards this bull season is speculated to come after the halving which for me can change no doubt but it worth hoping for as it has been so for almost three seasons now .
hero member
Activity: 1050
Merit: 844
November 19, 2023, 02:30:55 PM
According to me, the bull market is still not going to happen, this is indeed a good sign that the market is starting to recover, but it doesn't indicate that the bull market will happen, people might be happy to hear this news, Bitcoin has doubled from the end of last year when it fell to 15k$, and solana has gone up a lot from 10$ last year,
whatever it is, it looks like the bullish will start next year.
So far, I have rarely paid attention to altcoins like Solana because my eyes are only focused on seeing the price increase that occurs in Bitcoin. Regardless of how everyone assesses market conditions this year, what is clear is that every time there is an increase in the price of Bitcoin which is still able to influence many altcoins, there will always be many people who are happy about that event. Except for those who haven't had time to buy anything while discount prices are still occurring in the market, so they still hope that the price of each coin will fall again.
hero member
Activity: 2184
Merit: 599
November 19, 2023, 02:09:13 PM
I don't like to get ahead of the facts, but for some reason investors are not selling, this is something that can be quite strong for many, if we do not do something quickly like buying we will miss the opportunity, many do not want to sell because they know what is coming something nice, maybe a buillis rally? We don't only know , but I'm sure of one thing, it will happen, the price will rise and something can be done so that something great can be established for everyone, for those who have not bought because they have the opportunity to do so as quickly as possible , it is time, there is no longer You have to think about it so much, if the price drops you shouldn't be disappointed either, because you will definitely buy more money , when the price rises properly , you will regret not having bought sooner.

This article can help:

Quote
One of Bitcoin’s most significant recent developments revolves around the potential approval of spot Exchange-Traded Funds (ETFs). Major players like BlackRock  (NYSE: BLK), among others, have submitted applications to the Securities and Exchange Commission (SEC), with a decision deadline set for January. These ETFs could inject substantial capital into Bitcoin if approved, potentially driving its price upward.

Source: https://finbold.com/should-you-buy-bitcoin-while-it-is-above-30000/

It is indeed a mistake and a general habit of someone in investing in Bitcoin, it makes everything look messy even though we have made a purchase, awareness is good but emphasizes mental like that is not a good thing for ourselves, which is like we are on a trip that we don't want to pass it.
Just make a purchase, do not think too much about the price of me, for the current phase because it is related to the schedule of the Bitcoin event which has the possibility of getting a wider bitcoin adoption in the investor's kalanan, with the presence of ETF, of course if it is agreed to provide an increase in price which is quite crazy about Bitcoin.

But don't fomo too so you put all your money into Bitcoin because you want to have a provision for next year to have more benefits, in my opinion it's not a good thought either, because it will disrupt your daily journey. Simply perform regularly in the weekly count it is much better.
sr. member
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November 19, 2023, 10:29:12 AM
I don't like to get ahead of the facts, but for some reason investors are not selling, this is something that can be quite strong for many, if we do not do something quickly like buying we will miss the opportunity, many do not want to sell because they know what is coming something nice, maybe a buillis rally? We don't only know , but I'm sure of one thing, it will happen, the price will rise and something can be done so that something great can be established for everyone, for those who have not bought because they have the opportunity to do so as quickly as possible , it is time, there is no longer You have to think about it so much, if the price drops you shouldn't be disappointed either, because you will definitely buy more money , when the price rises properly , you will regret not having bought sooner.

This article can help:

Quote
One of Bitcoin’s most significant recent developments revolves around the potential approval of spot Exchange-Traded Funds (ETFs). Major players like BlackRock  (NYSE: BLK), among others, have submitted applications to the Securities and Exchange Commission (SEC), with a decision deadline set for January. These ETFs could inject substantial capital into Bitcoin if approved, potentially driving its price upward.

Source: https://finbold.com/should-you-buy-bitcoin-while-it-is-above-30000/
member
Activity: 416
Merit: 34
November 19, 2023, 09:33:06 AM
If your purpose in creating this thread is because you are confused, I'm sure this thread will not solve your problem. Or maybe this thread is actually making you even more dizzy because every comment from this forum member is different. but if your goal is to add references maybe this thread will really help you.
Personally I think that this price spike occurred because we are getting closer to 2024 and some people believe that 2024 is a bullish year. in other words this price spike occurred because more and more people were buying to welcome the bullish arrival of 2024.

And if demand comes higher than the selling mode from traders or institutions, this moment will quickly become a reality. I think what the OP asked is more understandable and easier. But it goes back to his belief whether the suggestions expressed by seniors or from us above are useful or not at all for him. Yes and maybe it could be that 2024 will be a game-changing year.
full member
Activity: 476
Merit: 141
November 19, 2023, 07:06:38 AM
I think the bitcoin bull market has started, because the value of bitcoin is constantly increasing. Its value is not stopping it is constantly increasing. Because the price of Bitcoin has gone from 26k to 37k in the last three weeks. In other words, its value increased by more than 10k within three weeks. So I think that the Bitcoin fertilizer market has started because it is still going up.

Yes agreed bitcoin bull run is started and those people who are in doubt about halving and bull run realized well that halving take place after every four years and surely bitcoin will repeat this cycle again in 2024. If in the preparation of halving the price goes to 37k$ then think about a reality that how much increase will take place during halving?
Continues increase in bitcoin price suggests that something more positive news are coming which will be profitable for all holders. People who miss this nice chance of investing will now wait for another bear market because buying during bull run does not give as much profit as one desires.

There have been bull markets but for short periods these bull markets are not long lasting. Before the halving, the price of Bitcoin will rise slightly and allow holders to buy and sell. Bitcoin halving is a long way off, currently Bitcoin halving is in 2024. But I've seen bitcoin prices rise the year after the bitcoin halving. So the current Bitcoin price increase is small. There is a high probability of larger Bitcoin price increases in the future.
full member
Activity: 1442
Merit: 108
November 19, 2023, 05:06:50 AM
If your purpose in creating this thread is because you are confused, I'm sure this thread will not solve your problem. Or maybe this thread is actually making you even more dizzy because every comment from this forum member is different. but if your goal is to add references maybe this thread will really help you.
Personally I think that this price spike occurred because we are getting closer to 2024 and some people believe that 2024 is a bullish year. in other words this price spike occurred because more and more people were buying to welcome the bullish arrival of 2024.
sr. member
Activity: 1190
Merit: 267
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November 19, 2023, 04:43:39 AM
The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"


According to me, the bull market is still not going to happen, this is indeed a good sign that the market is starting to recover, but it doesn't indicate that the bull market will happen, people might be happy to hear this news, Bitcoin has doubled from the end of last year when it fell to 15k$, and solana has gone up a lot from 10$ last year,
whatever it is, it looks like the bullish will start next year.
sr. member
Activity: 1498
Merit: 443
November 18, 2023, 04:45:12 PM
Yes agreed bitcoin bull run is started and those people who are in doubt about halving and bull run realized well that halving take place after every four years and surely bitcoin will repeat this cycle again in 2024.
TBH, I don't know whether the bullrun has started or not. But it is likely the Bitcoin has started to increase constantly. We already saw the price has increased higher and faster than few months ago. I can understand this because we are nearing the halving schedule, the hype of halving has been started.

Anyway, I am not really sure about Bitcoin to repeat the same cycle scheme. But no doubt that the bullrun seems to repeat. It is predicted to happen in 2024-2025.

Continues increase in bitcoin price suggests that something more positive news are coming which will be profitable for all holders. People who miss this nice chance of investing will now wait for another bear market because buying during bull run does not give as much profit as one desires.
The price growth looks convincingly. I assume there will be more and more positive news coming up. There will be no more bearish when it is over already. People who don't want to regret it, they must try to collect more coins before this year ends.


sr. member
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November 18, 2023, 03:11:54 AM
I think the bitcoin bull market has started, because the value of bitcoin is constantly increasing. Its value is not stopping it is constantly increasing. Because the price of Bitcoin has gone from 26k to 37k in the last three weeks. In other words, its value increased by more than 10k within three weeks. So I think that the Bitcoin fertilizer market has started because it is still going up.

Yes agreed bitcoin bull run is started and those people who are in doubt about halving and bull run realized well that halving take place after every four years and surely bitcoin will repeat this cycle again in 2024. If in the preparation of halving the price goes to 37k$ then think about a reality that how much increase will take place during halving?
Continues increase in bitcoin price suggests that something more positive news are coming which will be profitable for all holders. People who miss this nice chance of investing will now wait for another bear market because buying during bull run does not give as much profit as one desires.
full member
Activity: 406
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November 18, 2023, 01:30:34 AM
But the halving is still quite far away and if we believe that history will repeat itself then we are just in the pre-bull phase, not really into the bull season. I think what's going on is just Fomo with the news regarding ETFs being approved before January 2024. Therefore, it is likely that the market will react strongly if news about the ETF continues to be delayed by the SEC. Many people are Fomo and worried when they see the market rising sharply, but I think we should be careful and not be too subjective at the present time.
Because it has been below the price of 35K for a long time and now we have passed it, I can say that this is heading towards real bullishness even though the road map is still towards halving and we still have the possibility to buy before the increase continues.
Regarding the ETF which is still pending, that is a big bonus that must be utilized to welcome other bulls into the market.
Wanting to hold back as hard as he could, the bull's head couldn't be held back.

Time passes very quickly in the crypto market. Time truly flies when I think about the time since last bull season. The halving time is almost here. For me, 5-6 months in crypto is not that far off.

Due to reasons such as ETF and Halving, we know that the bull will come, but we do not know the exact time. Knowing Bitcoin's cycles is enough for me. That's why we should see that Bitcoin gives us the opportunity to buy while it's not too late. There are always risks, maybe the price will start to fall from this level, but since we are in the pre-bull period, I think that even if the price falls, it will recover and rise in a short time.
sr. member
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November 17, 2023, 03:59:32 PM
Investing because of historical patterns isn't advised. We're reading posts about how halving's going to make ppl rich but it isn't guaranteed. There's confusion being started by investors trying to make ppl buy bitcoin. They're hoping FOMO's going to take the market to a bull season.

My advice if you trade is to never rely too much on one historical pattern to make your investment decisions. So, if you want to check this sign, as far as I know, look and pay attention to the movement of the trading volume, whether it is increasing or not. If yes. That means, increasing support from market players, and the emergence of Positive Sentiment in society is a sign that this period will begin soon, although at first glance, this is also considered a positive signal for the crypto market.
Well you can't blame anyone who actually thinks history will repeat itself in terms of Bitcoin price going up during or after the halving as that's the only view people got close to an accurate prediction on the price market. This taught has made so many people hopeful and that's why everyone in the crypto space today is making plans towards this bull season is speculated to come after the halving which for me can change no doubt but it worth hoping for as it has been so for almost three seasons now .
If you've been able to witness that last 2 bull run cycles then you would really be eventually having that kind of impression or expectation for the market would really be making its move the same that it did on previous cycle on which it is really that likely but its true that not all would really be that totally be rest assured or really 100% to happen because we dont know on what the future looks like whether if there would really be some bull run which is more than on the previous one or having one but not really that much of an increase? There's no way on telling until we do see it with our very own eyes.

This is why it would really be just that normal that we would really be assuming that it would really be happening in the next. There might be no assurance but you cant really stop
people on thinking up that way. We do know that this is something that cant really be predicted and speaking about bull run starts then it would be usually
talking about after Bitcoins halving event, anything before it then it would be considered pre-pumps.
hero member
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November 17, 2023, 02:48:49 PM
Investing because of historical patterns isn't advised. We're reading posts about how halving's going to make ppl rich but it isn't guaranteed. There's confusion being started by investors trying to make ppl buy bitcoin. They're hoping FOMO's going to take the market to a bull season.

My advice if you trade is to never rely too much on one historical pattern to make your investment decisions. So, if you want to check this sign, as far as I know, look and pay attention to the movement of the trading volume, whether it is increasing or not. If yes. That means, increasing support from market players, and the emergence of Positive Sentiment in society is a sign that this period will begin soon, although at first glance, this is also considered a positive signal for the crypto market.
Well you can't blame anyone who actually thinks history will repeat itself in terms of Bitcoin price going up during or after the halving as that's the only view people got close to an accurate prediction on the price market. This taught has made so many people hopeful and that's why everyone in the crypto space today is making plans towards this bull season is speculated to come after the halving which for me can change no doubt but it worth hoping for as it has been so for almost three seasons now .
hero member
Activity: 1050
Merit: 844
November 17, 2023, 02:34:26 PM
My advice if you trade is to never rely too much on one historical pattern to make your investment decisions. So, if you want to check this sign, as far as I know, look and pay attention to the movement of the trading volume, whether it is increasing or not. If yes. That means, increasing support from market players, and the emergence of Positive Sentiment in society is a sign that this period will begin soon, although at first glance, this is also considered a positive signal for the crypto market.

There is also some truth in the pattern you say, but so that we are more focused and don't confuse ourselves, who can also become market players like other people do. It's good to make a distinction between the willingness to trade and the willingness to invest, because I don't think they are the same in this case so we need to make a very basic distinction between trading and investing even in the same asset like Bitcoin.

If someone wants to become an investor by investing in Bitcoin, this is actually the right thing for him to do with long-term dedication without having to look at any patterns. Meanwhile, for trading, I think it is also very good to see patterns like what you said because it can help us to feel the Positive Sentiment of many people even though it does not guarantee complete truth in the market. Due to the fact that when market players start to be very active in the market for Bitcoin, it can also encourage more people to enter the market to get Bitcoin at a certain price.
hero member
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Merit: 772
November 17, 2023, 02:17:43 PM
>snip>
>snip>

As for the ETF, it's still pending as you have said, and the best time to speculate about a approval is next year. So hopefully, the price could bounce back again as everyone is waiting that at least this sort of bullish momentum will continue up to the end of the year.
In the last month or so, perhaps the SEC won't be able to hold on any longer so the delay turns into approval. Never mind, let them do a good job in reviewing the ETF testing proposal with the true hope that they will approve it in the near future.

>snip>
>snip>

I am very tempted to make short term trades and take advantage of the current market situation. But I prefer to maintain my long-term investment plans rather than ruin them after holding out for so long. To be honest, I lost a lot of value today and this affected my psychology a little, but I still stick to my plan and don't want to ruin it at all. In my opinion, this is simply the effect of the delay in the ETF or its announcement.
Short-term trading with the current market situation really makes it tempting to do it, but don't. Just like a beautiful and sexy girl when we look far away. The original looked no more like an old person with wrinkled skin that couldn't be covered by thick facial make-up.

If you really want to do it in the current market situation, you will definitely get a profit of one unit of Yamaha automatic motorbike. This means that the purchase price is below 25k which is held until the price is 36k-37k.
Hold on until you can get bigger profits. We'll definitely be waiting for it for a while.
hero member
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November 17, 2023, 12:03:52 PM
But the halving is still quite far away and if we believe that history will repeat itself then we are just in the pre-bull phase, not really into the bull season. I think what's going on is just Fomo with the news regarding ETFs being approved before January 2024. Therefore, it is likely that the market will react strongly if news about the ETF continues to be delayed by the SEC. Many people are Fomo and worried when they see the market rising sharply, but I think we should be careful and not be too subjective at the present time.

maybe continue doing dca is good point right now even good if we can get prices at range 30K to 33K level and forget about the ETF SEC there is a lot fake news out there and too much noise right now in the market and i believe that ETF gonna approved next year at the final deadline

Today is the deadline for the SEC to decide whether to approve or continue to reject the ETF, I think there will be a lot of volatility today. Currently, the market is also reacting before the official announcement. I think if someone wants DCA this is probably a good time to buy and buy because SEC rejection is almost certain. The ETF will definitely be approved but this is not the right time for that big event yet. I'm not sure if bitcoin can drop to 30k-33k, but I think with this news, it's more likely that bitcoin will correct towards $34k, IMO. Let's wait and see what happens today, I have prepared USDT Cheesy Cheesy.
I would have loved it if you had some sources to back your claim of SEC's arrivals deadline for those who are not conversant with it, this is a very good one and truly 17th of November is symbolic For Bitcoin and other cryptocurrencies.

[1] SEC’s first window to approve all 12 spot
[2] There’s still a 90% chance for approval by Jan. 10

It is an eight-day window from the 9th of November to the 17th of November for all the 12 spots ETF fillings and the crypto market has been energetic before now. But as the days pass, the more the bullish tempo reduces, this is a sign of disapproval but let's still see how things unfold. The filing of the approval is being attended bit by bit per the proposed ETF companies and if it fails this season, there is still hope till the 10th of January. But my fear is what caused its disapproval now will not suddenly disappear at that time.
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