Bull season started? - page 4. | Bitcointalksearch.org

Agbamoni

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Quote from: kingvirtus09 on November 14, 2023, 09:17:00 AM

Quote from: Iamcrypticguy on October 26, 2023, 02:38:01 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?"

I think it looks like Bitcoin will reach a price value of 40k each this coming December 2023 or before the end of this month of November. Because in these times, we are really in an uptrend. And others, even though we are bullish right now, think it might just be a bull trap.

And in my opinion, based on my charting observation, it looks like bitcoin will actually have a liquidation, and if it drops, maybe only between 31k and 33k, I guess in my own opinion.

I agree with your speculations. If you look at the price movement and the candles one who truly understand the system will definitely believe that Bitcoin will hit 40k this month or December. A lot of things have been said to be the reason behind the sudden rise of Bitcoin. One which is because of the approval of the Bitcoin ETF that has led so many persons to be interested in holding Bitcoin. They believe if Para venture the Bitcoin ETF is approved there will be a full bull session for Bitcoin so they don't want to miss the train while they can see it.

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Quote from: Iamcrypticguy on October 26, 2023, 02:38:01 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?"

The price of Bitcoin is beginning to stabilize and at the moment, bitcoin is neither showing an uptrend price movement nor da trend and for sure we are close to a time when Bitcoin price can be the most volatile and for that, we have to be more proactive in our analysis of the market before making our speculations and for sure Bitcoin has shown a more positive outlook than negative so sure it is that we may likely see an uptrend market behavior in the coming days.

We may also be right to say that the Bitcoin price at 35k is being the likely discount price before the main correction happens which may be in an uptrend direction.

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Quote from: Dr.Bitcoin_Strange on November 12, 2023, 03:10:34 PM

Quote from: doomloop on November 11, 2023, 01:51:00 PM

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

With the speed at which the price is moving, $40k is closer, and even if we reach $40k, there is every possibility that we can also reach $45k. I don't have a problem if Bitcoin drops to $31k, like you have said. The reason is because the bull run has obviously not started, and it's normal for the price to drop. Even during a bull market, the price movement is always not just moving up steadily; it still decelerates and circles around a particular price for some days or even a week before it spikes again. Experienced investors will not worry about price drops; if they're actually going to drop, the people who show the most worrisome concerns are newbie investors who have not actually experienced the bull market of Bitcoin.

I had the same thought a couple of days ago, I thought $40k would be crossed very shortly without a doubt, but I see that the market has become quite stable at the moment, and if it stays at this position for pretty long, it might drop back from there because if it could get stronger, it would go up more and wouldn't become stable. This will confuse a lot of traders once again since they will start thinking about whether they should buy or wait more from here because if it starts going up from here, it might not come back down to these levels.

I don't think that the concerns of investors that panic have anything to do with the fact that they haven't seen a bull run yet, but it's just that they can't see their portfolio losing value and when they see that happening, they start panicking because they feel that their investments will keep losing value and might even lose everything they have invested.

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Quote from: taufik123 on November 14, 2023, 11:36:37 AM

There will definitely be some FUD that appears to make the Bitcoin price go back down so that a correction occurs, this is very natural and healthy for the market.
Instead of rising high instantly, it will also result in an instant decline.

Halving is a sign that there will be a new ATH, but it will not be the same as the previous Halving,
of course, there will be differences in the trend, market conditions, and how whales work.

About FUD news, there will always be something that affects the price of bitcoin to be corrected, today bitcoin has corrected to $36.2K, of course this is natural because the price will not continue to fly.
It is very rare for bitcoin to rise instantly, there must always be a process to rise to a certain price otherwise the decline is not instantaneous.

Although it will not be the same as the previous halving I think many people are certain that with the Halving there will be a sign of ATH whether it is at the end of 2024 or in 2025 people will always look forward to it.

Yeah it will affect all conditions in the market, so we never know when a positive trend will come people will always wait for the best moment.

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Quote from: Dunamisx on November 14, 2023, 09:33:07 AM

Bitcoin bullrun hasn't started yet, but we are warming up already in preparation for that, the market will definitely rise and the target is about the closeness to the halving by next year, but not until then, we should be expecting the market to maintain being on this same pump from now on, there's no much significant bear till the year ends and we still have a long way to go from where we left which is $68,000 before the bullrun commences after halving.

The $68k is the first bullish stop that must be reached in order to reach the new ATH.
But this all depends on how the current market trend is.
If you expect the market to continue to rise and still remain stable, of course, it must have the support of strong fundamentals.

There will definitely be some FUD that appears to make the Bitcoin price go back down so that a correction occurs, this is very natural and healthy for the market.
Instead of rising high instantly, it will also result in an instant decline.

Halving is a sign that there will be a new ATH, but it will not be the same as the previous Halving,
of course, there will be differences in the trend, market conditions, and how whales work.

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Quote from: Franctoshi on November 14, 2023, 07:40:56 AM

Quote from: Iamcrypticguy on October 26, 2023, 02:38:01 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?"

Bitcoin now has more chances of increasing in price further than it has to decrease in price, I'm looking for the BTC's next major correction to the downside when the price gets to $50k or $69k which is psychologically a major zone of resistance that brought us way down here. I could guess that a lot of investors who bought at $50k- $69k and were thinking that Bitcoin was headed to $100k while they got trapped, may tend to take a breath seeing the market come to them once again and other factors that could cause brief sell-off.

Bitcoin bullrun hasn't started yet, but we are warming up already in preparation for that, the market will definitely rise and the target is about the closeness to the halving by next year, but not until then, we should be expecting the market to maintain being on this same pump from now on, there's no much significant bear till the year ends and we still have a long way to go from where we left which is $68,000 before the bullrun commences after halving.

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Quote from: Iamcrypticguy on October 26, 2023, 02:38:01 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?"

I think it looks like Bitcoin will reach a price value of 40k each this coming December 2023 or before the end of this month of November. Because in these times, we are really in an uptrend. And others, even though we are bullish right now, think it might just be a bull trap.

And in my opinion, based on my charting observation, it looks like bitcoin will actually have a liquidation, and if it drops, maybe only between 31k and 33k, I guess in my own opinion.

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Quote from: Iamcrypticguy on October 26, 2023, 02:38:01 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?"

Bitcoin now has more chances of increasing in price further than it has to decrease in price, I'm looking for the BTC's next major correction to the downside when the price gets to $50k or $69k which is psychologically a major zone of resistance that brought us way down here. I could guess that a lot of investors who bought at $50k- $69k and were thinking that Bitcoin was headed to $100k while they got trapped, may tend to take a breath seeing the market come to them once again and other factors that could cause brief sell-off.

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Quote from: Iamcrypticguy on October 26, 2023, 02:38:01 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?"

The way Bitcoin's price has been rising over the past few weeks has been compared by many to a bull market. But we know that Bitcoin bulls have worked in the past and will work in the future as well. Also, it is normal for the Bitcoin market to grow a bit towards the end of the year, and with half of us waiting ahead, the price may have increased. Bitcoin price is currently at $36k, and it may move higher before the end of the year. Bitcoin halving will happen in 2024, so before the halving Bitcoin will increase a bit. Moreover, Bitcoin will become a bull market in the coming year because of which many investors are buying more Bitcoins and the demand is increasing due to which the price of Bitcoin is increasing.

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Quote from: Baofeng on November 12, 2023, 04:41:15 PM

Maybe there will be a small drop before leading to $40k, or the possibility that we can just simply go up to $40k is possible as well. We did drop to $36k but then again, as we have seen it already the market is very alive, trading volume is also up, and so we go back to $37k++.
-snip-

It seems that there will indeed be some price drops due to greater selling pressure than buying,
Buy rate 30% and Sell Rate 70% on 4H Time Frame.

To reach $40k and be able to stay above that price needs some correction first.
But the $36k-$34k support will be strong enough support to hold the decline.

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Quote from: Dr.Bitcoin_Strange on November 12, 2023, 03:10:34 PM

Quote from: doomloop on November 11, 2023, 01:51:00 PM

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

With the speed at which the price is moving, $40k is closer, and even if we reach $40k, there is every possibility that we can also reach $45k. I don't have a problem if Bitcoin drops to $31k, like you have said. The reason is because the bull run has obviously not started, and it's normal for the price to drop. Even during a bull market, the price movement is always not just moving up steadily; it still decelerates and circles around a particular price for some days or even a week before it spikes again. Experienced investors will not worry about price drops; if they're actually going to drop, the people who show the most worrisome concerns are newbie investors who have not actually experienced the bull market of Bitcoin.

Maybe there will be a small drop before leading to $40k, or the possibility that we can just simply go up to $40k is possible as well. We did drop to $36k but then again, as we have seen it already the market is very alive, trading volume is also up, and so we go back to $37k++.

And so it's Monday already to Asian, and I'm expecting that are the start of the week, maybe we will see at least some action to $37,500 or even higher in the next couple of hours. And if this happens then another indication that the market is still very positive and bullish. So just watch on what will be the highest high for this week and who knows, maybe that $40k is just around the corner.

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Quote from: doomloop on November 11, 2023, 01:51:00 PM

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

With the speed at which the price is moving, $40k is closer, and even if we reach $40k, there is every possibility that we can also reach $45k. I don't have a problem if Bitcoin drops to $31k, like you have said. The reason is because the bull run has obviously not started, and it's normal for the price to drop. Even during a bull market, the price movement is always not just moving up steadily; it still decelerates and circles around a particular price for some days or even a week before it spikes again. Experienced investors will not worry about price drops; if they're actually going to drop, the people who show the most worrisome concerns are newbie investors who have not actually experienced the bull market of Bitcoin.

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Quote from: doomloop on November 11, 2023, 01:51:00 PM

Quote from: Dr.Bitcoin_Strange on November 08, 2023, 07:19:12 PM

Quote from: fzkto on November 08, 2023, 11:36:02 AM

Never say never. This growth could easily turn out to be a bull trap. Nothing has changed in the world yet and the crisis along with inflation has not disappeared anywhere. The main trigger for growth is halving, which will be in six months. I think the real growth will start as usual after that.

The same is what I think. I don't actually agree that we are yet in the bull market because, definitely, even if there is every possibility that the Bitcoin price will surge this month, it is not just yet the bull market. I believe that the price will plunge before that halving period, and it's after the halving that we can actually expect the bull market, where the price is going to increase so rapidly. Some experts are predicting $40k, and with the market just staying around $35k, I don't think that $40k is too hard to earn. It could reach the price that most people have always predicted and plunge back.

The market looks pretty solid to me, and the prices are going up after every small dip that we see now and then, but I still see a lot of people talking and expecting a plunge before it touches $40k which is strange but I still feel that they can be right, sometimes, because I was also not expecting the market to move up so quickly, and it will go around $40k before even we reach the last month of the year, but it has happened, we see it getting stronger day by day.

I think that's because we have seen that price movement, I mean if we will go and hit that magic number of $40k, at least the market might go down a bit again, something of a reset and then we move forward to that price, nothing is wrong with that and maybe we can say that it's a normal process for bitcoin market.

Quote from: doomloop on November 11, 2023, 01:51:00 PM

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

That is also what I'm seeing, at least a dip to $32k, before we go and see an increased in price. And if that happens then it's another buying opportunity again. But if the price goes up to $40k without any correction, I guess it just shows that the bullish sentiments will continue and there's nothing wrong if we will also buy at that price. At least the message is just continue to accumulate before the bull run next year.

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Quote from: Dr.Bitcoin_Strange on November 08, 2023, 07:19:12 PM

Quote from: fzkto on November 08, 2023, 11:36:02 AM

Never say never. This growth could easily turn out to be a bull trap. Nothing has changed in the world yet and the crisis along with inflation has not disappeared anywhere. The main trigger for growth is halving, which will be in six months. I think the real growth will start as usual after that.

The same is what I think. I don't actually agree that we are yet in the bull market because, definitely, even if there is every possibility that the Bitcoin price will surge this month, it is not just yet the bull market. I believe that the price will plunge before that halving period, and it's after the halving that we can actually expect the bull market, where the price is going to increase so rapidly. Some experts are predicting $40k, and with the market just staying around $35k, I don't think that $40k is too hard to earn. It could reach the price that most people have always predicted and plunge back.

The market looks pretty solid to me, and the prices are going up after every small dip that we see now and then, but I still see a lot of people talking and expecting a plunge before it touches $40k which is strange but I still feel that they can be right, sometimes, because I was also not expecting the market to move up so quickly, and it will go around $40k before even we reach the last month of the year, but it has happened, we see it getting stronger day by day.

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

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Quote from: jasonjm on November 06, 2023, 02:23:52 AM

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.

At the point of pull back if it ever gets to $20k as predicted by you, I see the best buy opportunity and any buy done at this point should be held tiil after the bull run to get the best yield and profit you can get from the bull run. It's important investors understand this analysis you just gave as it will go a long way helping them maximize their profitability in the next bull run by 2025.

It's very much possible Bitcoin rallys up all the way to $45k but I don't see it going beyond to $50k because before then it may hit a resistance a little above $45 and may go doing during the halving to make retracements which will actually become a pullback to $20k or sightly high

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May be this increase is as a result of repeating history as in October the price is always higher and October proves as a good month always. But other reason can also be that halving is coming so the price will go up and also there is a news regarding acceptance of ETF.

These months are not well identified that there will increase or decrease because time is remaining for halving so the price is not
confirmed yet to go more higher. If someone keep their investment for longer time then their thoughts will not be effected by Bull or bear run because there is an identification about halving so everyone will keep their bitcoin still halving. Remember that we cannot find Bull or bear market with the help of higher price for few days because Bull season when introduce then it will be lengthy enough to offer profit to all holders.

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Quote from: CageMabok on November 04, 2023, 08:50:46 AM

Quote from: Winterfrost on November 03, 2023, 02:54:06 AM

Your right. When the bull run comes it will be obvious and we wont even expect it. I see coming very soon. All of this is only but speculations, now we are seeing the upside of Bitcoin it may look like a bull, but the price might go down so what we will call it then. The situation we are now is like a temptation for us to sell our Bitcoin. Only traders or people who are in for the short term profit will accept the it as a bull run and plan to sell. Patience is the key, if unknowingly this is a bull run i wont be in a haste.

In selling Bitcoin, sometimes there is no need to rush, even though buying Bitcoin at the price we want requires a little hasty effort, because everyone can also enjoy the bull conditions quite well and make a profit at a certain level. But this year cannot be said to be bull at all because the increase that has occurred so far is only in the form of improvements in the price of Bitcoin due to the large number of buyers in the market which can increase volatility in the price of Bitcoin itself.

When bitcoin price fluctuates up and down in a way people don't understand, it does achieve the purpose of shaking off weak hands out of the crypo space because they can't hodl and be patient enough to wait till the bull run starts.

Let those who want to rush and sell do their things and those who want to accumulate bitcoin do the same thing to accumulate more of it to their advantage.

At the end of everything, we will then see the result of those who cried and laughed when the bull run starts by favoring those who were able not to allow the market condition to shake off their hands from selling their Bitcoin assets when they are not to sell it

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Quote from: peter0425 on November 08, 2023, 09:56:17 PM

Quote from: jasonjm on November 06, 2023, 02:23:52 AM

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.

But that's too low to expect before the Bull comes, 20k'ish ? from 45k price i believe that we will only back to 30k$ and that will be the standing price before and after Halving next year .
so if you have positioned to that range already then you are safe to say it better and best for waiting .
correction will take place and that is always normal after a bullish run but HODlers are still there to continues support while others are selling to exit liquidity .

Quote from: YUriy1991 on November 07, 2023, 09:41:44 PM

Quote from: uswa56 on November 04, 2023, 10:54:21 AM

In my opinion, it all depends on the initial target or plan, when you have achieved the desired profit, there is no harm in selling and re-entering at a better price (when it drops later) especially now that the price of Bitcoin still has the potential to decline.
And each of us has our own speculation, personally I am not sure that this increase will continue and I am sure that in the future we will experience a price correction again, and I am very sure that in Bitcoin's 4 year cycle which means we will really see a bull run. in next year.

I also hope that the price of BTC continues to increase for those who are interested and take it quickly. Everyone can predict that BTC will reach that price. However, things will likely change over time as wider acceptance of cryptocurrencies continues to increase, but this will add complexity to the already complex cryptocurrencies themselves. Yes. Maybe for now I want to give myself a little time to prepare.

we are hoping and it will come , so if wanted to have an exit then best to wait for another couple of weeks and you'll get what you wanted , and also try to cover back your selling once the price bearish again that is for preparation for the Bull .

Now we are recently moving in a fast pace manner on which it would really be just that understandable that people would really be having those kind of thoughts that this might really be the start of the bull run.
Well for newbies out there then this would be a common impression but for those people who had been here on this market for a while now, then this would really be look like some recovery on which it would really be just that so normal that you would really be that having that kind of thinking basing up on what you are really that able to experience on point. Speaking about on the topic on having that bull run is starting?
No its not but most likely this is an ordinary day of having that green but not totally speaking or talking about bull run.

As long we arent that go past beyond that halving event then everything could be considered to be those normal pumps that we do have in the market. It is really just that it do really looks to be that
a bull run yet increase of prices in % matter is really that something that you could see in other markets and this is why it would be molding up that kind of impression
that we might already on the bull run as of this moment.

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Quote from: jasonjm on November 06, 2023, 02:23:52 AM

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.

But that's too low to expect before the Bull comes, 20k'ish ? from 45k price i believe that we will only back to 30k$ and that will be the standing price before and after Halving next year .
so if you have positioned to that range already then you are safe to say it better and best for waiting .
correction will take place and that is always normal after a bullish run but HODlers are still there to continues support while others are selling to exit liquidity .

Quote from: YUriy1991 on November 07, 2023, 09:41:44 PM

Quote from: uswa56 on November 04, 2023, 10:54:21 AM

In my opinion, it all depends on the initial target or plan, when you have achieved the desired profit, there is no harm in selling and re-entering at a better price (when it drops later) especially now that the price of Bitcoin still has the potential to decline.
And each of us has our own speculation, personally I am not sure that this increase will continue and I am sure that in the future we will experience a price correction again, and I am very sure that in Bitcoin's 4 year cycle which means we will really see a bull run. in next year.

I also hope that the price of BTC continues to increase for those who are interested and take it quickly. Everyone can predict that BTC will reach that price. However, things will likely change over time as wider acceptance of cryptocurrencies continues to increase, but this will add complexity to the already complex cryptocurrencies themselves. Yes. Maybe for now I want to give myself a little time to prepare.

we are hoping and it will come , so if wanted to have an exit then best to wait for another couple of weeks and you'll get what you wanted , and also try to cover back your selling once the price bearish again that is for preparation for the Bull .

Dr.Bitcoin_Strange

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Quote from: fzkto on November 08, 2023, 11:36:02 AM

Never say never. This growth could easily turn out to be a bull trap. Nothing has changed in the world yet and the crisis along with inflation has not disappeared anywhere. The main trigger for growth is halving, which will be in six months. I think the real growth will start as usual after that.

The same is what I think. I don't actually agree that we are yet in the bull market because, definitely, even if there is every possibility that the Bitcoin price will surge this month, it is not just yet the bull market. I believe that the price will plunge before that halving period, and it's after the halving that we can actually expect the bull market, where the price is going to increase so rapidly. Some experts are predicting $40k, and with the market just staying around $35k, I don't think that $40k is too hard to earn. It could reach the price that most people have always predicted and plunge back.

Topic: Bull season started? - page 4. (Read 1224 times)