I thought that when the price broke above $35k, it would trigger the next bull run, but it seems there's a strong rejection around the $35k level. The volume has also been decreasing over the past week. In my opinion, the potential is leaning more towards sideways and bearish movement as long as the resistance level is not surpassed in the short term and the retest fails.
I estimate that when the daily candle is above $35k, we'll see an upward movement in the near future. However, my view on this might be a bit hasty... it could take another week to gauge the daily candlestick's movement.
Topic: Bull season started? - page 6. (Read 1224 times)
I got my first message from an acquaintance today asking about Bitcoin and why it’s going up. Usually I’d say that’s a sign of a top but this guy has been around for a few cycles so I’d take it as a sign that people are starting to take notice and making their way back into crypto. Bull season has definitely started in my opinion.
Yes I am now just beginning to think we are starting the 'bull season'. This feeling did really begin when we saw Bitcoin price of $35,000. And now it is back down but I think at any time now it will go back past $35,000 and then to $36,000.
The sec had a closed meeting yesterday and will have another closed meeting in 1 week. There is rumors this will be for approving spot Bitcoin ETF.
The sec had a closed meeting yesterday and will have another closed meeting in 1 week. There is rumors this will be for approving spot Bitcoin ETF.
Indeed, a lot of factors that will affect the market trend whether it is positive or negative. The current surge of Bitcoin prices seems to be not enough to consider that we are bullish already but of course, it will be an indication that more people have an interest in buying Bitcoin these days. If the momentum will continue and never just see that only Bitcoin rises but also includes old coins, that is probably enough to say that we are finally in the bullsih state. But for now, that rise seems usual and we can't assume that no more drops comes after this.
The current regular increase can actually trigger a lot of speculation from various circles so it is hoped that this can continue for Bitcoin so that other old coins can also follow. Because usually old coins will also move up when Bitcoin has experienced a much greater increase than now and at this time it is still not feasible to assume that the market is in a bullish condition, because the increase is still not too far from the previous price over the duration a very new development in the market. 
If this is the start of the bull season then it will be one of the unique ones because we haven't seen any bull rally start in the previous year of halving. Even if it isn't the start of a bull run it surely indicates one. Retail investors are accumulating and that is why even a small dip became the accumulation zone. The market sentiment shows everyone knows we don't have much time before the next rally.
bullish run in crypto has no season, it depends on the surrounding factors that affect its market. this is why we can't have defined time frame when it comes to bullish or bearish season because it relies on so many factors.
and such season also depends on when you are referring this price level. but of course, going up beyond 30k level has long been aimed at as we haven't seen this price level for more than a year already. so i can understand the positivity surrounding this market these days.
If this is the start of the bull season then it will be one of the unique ones because we haven't seen any bull rally start in the previous year of halving. Even if it isn't the start of a bull run it surely indicates one. Retail investors are accumulating and that is why even a small dip became the accumulation zone. The market sentiment shows everyone knows we don't have much time before the next rally.
bullish run in crypto has no season, it depends on the surrounding factors that affect its market. this is why we can't have defined time frame when it comes to bullish or bearish season because it relies on so many factors.
and such season also depends on when you are referring this price level. but of course, going up beyond 30k level has long been aimed at as we haven't seen this price level for more than a year already. so i can understand the positivity surrounding this market these days.
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 don't think we are starting to see the bull season. Yes, bitcoin price is gaining a good position but it also happens when the market is having a correction. Later, we will witness bitcoin price going down again and that's normal. However, the only reason I can really tell when the bull season has really started is when majority of the coins are bullish in price, and not just bitcoin. Remember, that if bitcoin goes to the moon, other high potential crypto coins also go the moon, but I'm still not seeing this at the moment. That's why I'm not convinced that we are starting to witness a bull season.Nevertheless, the one we are seeing now is due to the effect of the fake etf approval. But most probably when its already confirmed, for sure bitcoin price will skyrocket once again, and we might expect a bull run as earlier than what we expected.
May of us and including me does not know the difference between the normal increment of price and the bull run increment of price.
There is no difference in the increment or the growth, but it is just that the increment during a bull run tends to continue without having a lot of dips or corrections in between, which means that once the price goes up $5k or something, it won't come down again, even if it does, it wouldn't come down more than 10% and it will start going up again. Other than that, there aren't a lot of differences in normal increment and increment during the bull run.I think we are going to experience another bear market to the region of 20k before bull run will come.
I don't really see that happening anytime soon because Bitcoin is looking a bit strong at the moment, I know that it is trying hard to cross $35k but hasn't been able to do that so far, but there are also no signs for it to dip back towards $20k which is too low. The least we can expect is around $28k maybe. 
Not yet. This is not yet the time a bull run will come because what happened is just an effect of fake news that pumped the price of Bitcoin.
If you are expecting too much then don't. I don't think it is time yet until the approval of Bitcoin is way near, which means there is already speculation that it's happening near. SEC telling the people that they are near giving the go signal.
I believe we will feel it once it happens for the whales will not be late at buying so the demand will soar at a level that is surprising.
Then of course there is the halving. Once it is getting near it will add up to the market boost that will probably make more investors buy Bitcoin because of the fear of missing out.
If you are expecting too much then don't. I don't think it is time yet until the approval of Bitcoin is way near, which means there is already speculation that it's happening near. SEC telling the people that they are near giving the go signal.
I believe we will feel it once it happens for the whales will not be late at buying so the demand will soar at a level that is surprising.
Then of course there is the halving. Once it is getting near it will add up to the market boost that will probably make more investors buy Bitcoin because of the fear of missing out.
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?"
We are in a bullish trend so far, and if you look at the chart, he is also in an uptrend. We are just different in the prediction reading of each trader. Now, regarding your question, my answer is that we are not in the bull run yet. Maybe we are getting closer to the bull run.
But I feel that we are really going to the bull run, and I feel that the bear season is over. Because it is quite smooth and good to conduct trading activity so far on any exchange today. It's still good to continue the DCA if you are preparing to save for the upcoming bull run.
If this is the start of the bull season then it will be one of the unique ones because we haven't seen any bull rally start in the previous year of halving. Even if it isn't the start of a bull run it surely indicates one. Retail investors are accumulating and that is why even a small dip became the accumulation zone. The market sentiment shows everyone knows we don't have much time before the next rally.
Seems like green days are more often than red days lately, which is a good thing. I have to say its going to be something that would be quite detrimental if we didn't have a bull season understanding or at least hopes. I mean looking at the situation, if you open up CMC, you will see that %24 hours is almost always green, and that is definitely a big deal without a doubt. I get that there could be some red moments, there are people who are selling to take profit, which is fine but that doesn't mean that we are not going to end up with a huge difference maker. I believe that we are going to end up with a greater return, we need a better approach, it should be done a lot better. Its definitely a bull season start, not a full on %100 bull season yet, but its the start of one.
May of us and including me does not know the difference between the normal increment of price and the bull run increment of price. I think that the bull run price increment differs from other price changes because the bull run positive price is always building to a new ATH. If this is true, what happened last week is nothing close to the bull run, rather it is a normal price increment that we see when bitcoin has consolidated for so long.
I think we are going to experience another bear market to the region of 20k before bull run will come.
I think we are going to experience another bear market to the region of 20k before bull run will come.
The bull run is just a trading lingo, not some strict, technical term with clear rules. In traditional stock trading, it's generally accepted to use that term after a >20% increase in price. Of course, for Bitcoin expectations are set a little bit higher than that.
I'd say we can talk about bull run when we have a longer period of consistent growth (with occasional drops of course). In simple terms when there's more demand than supply.
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?"
May of us and including me does not know the difference between the normal increment of price and the bull run increment of price. I think that the bull run price increment differs from other price changes because the bull run positive price is always building to a new ATH. If this is true, what happened last week is nothing close to the bull run, rather it is a normal price increment that we see when bitcoin has consolidated for so long.
I think we are going to experience another bear market to the region of 20k before bull run will come.
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?"
Personally I think this is a bull trap , coz bull run hasn’t started . I know last week there was a sudden price hike on $btc which helped me take profits on my of my holdings in my Bitget wallet. But notwithstanding I’m still in full observation of the market 
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?"
Apparently, there is a strong resistance at $35k. It is more likely that Bitcoin may come back down for a re-test once before the bull season. If you look at the daily chart, there is also a prediction that Bitcoin will go down instead of up. The other reason I see is that Bitcoin went from $26k straight to $35k and there was no rejection anywhere in between. For this reason, the chances of rejection are also high. If there is any good news from the ETF then Bitcoin can break the resistance of $35k and then it will not be difficult to go higher, because the current pump is also due to news. If the ETF issue persists, then the chances of Bitcoin going up are slim.
You don't need to be confused, if you already holding btc then just wait for good time to sell which should be more than 50k$. If you are still waiting for good entry then I will suggest to buy 10% at current rate and then wait for market to become down.
Positive development above the 2 day average still but we appear to be on a course to meet the weekly average soon. We will have a conclusion on this move to resolve upwards or a pullback to consolidate when we challenge that momentum formed over the last week. So far its done what BTC often does which is hold fast, a possible positive or drift into negative price action from profit taking.
Constantly people will sell BTC because it rises with such large percentage gains so often many speculators are involved short term which means selling is the standing question waiting to be answered.
50 day average cross the 200 day moving average which is a positive but like March of this year after a rise we had to first pullback to check back at those 2 moving averages before continuing.
I just cant imagine the path to halvening is clear and free now, I think its a long and winding road with boulders all over it and a cliff top drop as we ascend any mountain. We can go up but I dont believe in the easy path scenario personally my only question is when is a pullback appearing.
Constantly people will sell BTC because it rises with such large percentage gains so often many speculators are involved short term which means selling is the standing question waiting to be answered.
50 day average cross the 200 day moving average which is a positive but like March of this year after a rise we had to first pullback to check back at those 2 moving averages before continuing.
I just cant imagine the path to halvening is clear and free now, I think its a long and winding road with boulders all over it and a cliff top drop as we ascend any mountain. We can go up but I dont believe in the easy path scenario personally my only question is when is a pullback appearing.
Any pullback will be a solid time for accumulation or DCA (in the conservative way). Strong manipulations will appear a lot for the expectations the mainstream has
Positive development above the 2 day average still but we appear to be on a course to meet the weekly average soon. We will have a conclusion on this move to resolve upwards or a pullback to consolidate when we challenge that momentum formed over the last week. So far its done what BTC often does which is hold fast, a possible positive or drift into negative price action from profit taking.
Constantly people will sell BTC because it rises with such large percentage gains so often many speculators are involved short term which means selling is the standing question waiting to be answered.
50 day average cross the 200 day moving average which is a positive but like March of this year after a rise we had to first pullback to check back at those 2 moving averages before continuing.
I just cant imagine the path to halvening is clear and free now, I think its a long and winding road with boulders all over it and a cliff top drop as we ascend any mountain. We can go up but I dont believe in the easy path scenario personally my only question is when is a pullback appearing.
Constantly people will sell BTC because it rises with such large percentage gains so often many speculators are involved short term which means selling is the standing question waiting to be answered.
50 day average cross the 200 day moving average which is a positive but like March of this year after a rise we had to first pullback to check back at those 2 moving averages before continuing.
I just cant imagine the path to halvening is clear and free now, I think its a long and winding road with boulders all over it and a cliff top drop as we ascend any mountain. We can go up but I dont believe in the easy path scenario personally my only question is when is a pullback appearing.
One thing that every crypto investor has in mind is that, at what price they bought bitcoin now, it will surely skyrocket higher than it did during the bull run season. So no need for them to pullback from the accumulation of bitcoin.
Accumulating bitcoin at this price, with the amount you can afford to lose is what every investor should be doing before the bull run starts. The price of bitcoin you are seeing today, you might not see in months to come as the case may be
Bitcoin price conditions will make investors confused about determining the purchase price because they assume the market is bullish and the price of bitcoin will rise higher at $40k, I think the best solution is to develop a DCA strategy in bitcoin investment because of your opinion we don't know what cases will have an effect in the market next year, if the case is positive for market support then prices will be higher with the impact of a drastic increase but if the case is negative it will have an impact on prices falling. So think about the impact if you buy bitcoin at the current price, but if you focus on long-term investment then you can ignore the short-term market impact because your focus is on reaching ATH in the future.Accumulating bitcoin at this price, with the amount you can afford to lose is what every investor should be doing before the bull run starts. The price of bitcoin you are seeing today, you might not see in months to come as the case may be
By doing DCA, there is no need to think about the important price of accumulation every time they have money, meaning that now there is no need to see excessively from negative and positive news, just focus on buying the DCA way because really the big bullish is still yet to come.
Now still has a chance, instead of thinking about prices that are not decisive enough optimistically buy and wait until ATH I think it will not be long from now.
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've been keeping an eye on the Bitcoin market, and it's been a fascinating journey. In my opinion, the current spike to $35k could have been impacted by past October trends, but it's difficult to say for sure. Aside from that, the bitcoin ETF is still pending approval. But I'm willing to take a risk and am prepared to use Bitget & Binance to invest my money in Bitcoin. In addition, I'm preparing my investment strategy and planning to purchase a few tiny bags of prospective tokens, such as MATIC, BGB, DOGE, and KAS.
It's safe to say that it's been a positive month, with altcoins gradually picking up momentum and experiencing upward trends. After reviewing Bitget spot market, here are some of the top-performing altcoins for this week.
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