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Topic: bull started? (Read 1002 times)

hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
December 05, 2022, 07:12:45 AM

So it seems that there are still members confused about the meaning of bull run and when it should start.

Not only some but many people are having such wrong thoughts. Within the first four days of December, bitcoin went from 16.5k to over 17k, bitcoin only increased a few percent, and I started seeing a lot of posts saying bitcoin will go up and soon we will enter the bull season. It seems that people are expecting too much from a bull season without recognizing that things will not be easy. I also agree that history will repeat itself, the bull season only really comes after the halving, and all these rallies are just bull traps.
member
Activity: 573
Merit: 30
December 05, 2022, 06:27:33 AM
Bull market experience starting cannot be concluded in just 24 hours or few day. It will be relatively take a study of the market within days or weeks to conclude that the bull has arrived. During the ongoing bear market, we've recorded as high as 20% in the market recovery which eventually waned away in no time.The ongoing bear market seems far from ending this year
hero member
Activity: 1344
Merit: 540
December 04, 2022, 04:38:01 PM
the bull market will come if the Bitcoin price is able to be above $ 20k again, because right now it is still under $ 20k so I still doubt that the bull market will start,
yes we know the increase in altcoins on Binance was up to thousands of percent a few days ago,
but that not the beginning of a bull market in my opinion only whales who want to accumulate bitcoin at low prices because they get thousands of percent from altcoins,
so don't be fooled in this bear market.

I cannot agree with this statement because the bull market is not determined by the price of bitcoin, it is determined by increased liquidity and the purchasing power of ordinary investors. Until the world economy stabilizes, a bitcoin rise above $20,000 will not trigger any bullrun because most people don't have the money. $20,000 is only $3,000 more than the current price of bitcoin. Bitcoin was trading at $24,000 a few months ago and the market was just as bad, there was a cash drain. It also happened when bitcoin was trading at $35,000. So don't dream that if bitcoin goes up 20% now, it will suddenly be called a bullrun. No, it will be called a bullish correction, nothing more.

I also agree with that statement, even if we reach $20k or above this year or even early next year, it doesn't mean we are in a bull run.

And as far as I can see before the FTX collapse, the price is around $20k-$22k, but it doesn't mean that we are in a bull market that time. Bull run will happen as per history after the bitcoin block halving so that is very long time as this event will occur on 2024.

So it seems that there are still members confused about the meaning of bull run and when it should start.
staff
Activity: 2436
Merit: 2347
December 04, 2022, 03:19:09 PM
the bull market will come if the Bitcoin price is able to be above $ 20k again, because right now it is still under $ 20k so I still doubt that the bull market will start,
yes we know the increase in altcoins on Binance was up to thousands of percent a few days ago,
but that not the beginning of a bull market in my opinion only whales who want to accumulate bitcoin at low prices because they get thousands of percent from altcoins,
so don't be fooled in this bear market.

I cannot agree with this statement because the bull market is not determined by the price of bitcoin, it is determined by increased liquidity and the purchasing power of ordinary investors. Until the world economy stabilizes, a bitcoin rise above $20,000 will not trigger any bullrun because most people don't have the money. $20,000 is only $3,000 more than the current price of bitcoin. Bitcoin was trading at $24,000 a few months ago and the market was just as bad, there was a cash drain. It also happened when bitcoin was trading at $35,000. So don't dream that if bitcoin goes up 20% now, it will suddenly be called a bullrun. No, it will be called a bullish correction, nothing more.
full member
Activity: 1946
Merit: 112
December 04, 2022, 02:32:24 PM
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

Not sure if a bullish move is starting, it was probably a hoax to confuse a lot of people. Let's take a sober look at the situation in the world and in the crypto market, and what will we see there? And we will see the reverse situation there. There is a closure of large crypto exchanges, a large inflation of fiat money, uncertainty in all markets, which means that it doesn’t even smell like a bull market. So a small movement on ETH is just a standard market situation, or as it is also called, price volatility. In order for the bull to be on the horizon in the world, positive events must begin to occur, and at the moment we are seeing the opposite situation.
sr. member
Activity: 1372
Merit: 252
December 04, 2022, 12:43:07 PM
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
the bull market will come if the Bitcoin price is able to be above $ 20k again, because right now it is still under $ 20k so I still doubt that the bull market will start,
yes we know the increase in altcoins on Binance was up to thousands of percent a few days ago,
but that not the beginning of a bull market in my opinion only whales who want to accumulate bitcoin at low prices because they get thousands of percent from altcoins,
so don't be fooled in this bear market.
hero member
Activity: 3052
Merit: 685
November 28, 2022, 11:47:44 AM
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

As many have predicted, it will take more time. As long as 1-2 years. And the little movements in market will only make us confuse.
Strong holders are still holding knowing well that it will go again but sure it will take more time than we have predicted in the early bear market's beginning.
All upper movements in market indicate fake bull indication.

We are still way too long before the bullish trend commences, we are blinded by the idea that the market will somehow make some changes because of the halving in 2024. We must not forget that even after the halving, price corrections will take time before the market will be bullish and achieve another ATH. We all don't know when it will recover, so for the time being, let's just be patient about the situation.
full member
Activity: 658
Merit: 158
BTC Rocks
November 28, 2022, 06:52:56 AM
Now market is moving like sideways and from this situation anything can be happened. We may see a price recover from this portion or may see more dump. So we have to wait to know about the movement of crypto market. But surely bull isn't started yet.
hero member
Activity: 938
Merit: 765
I stand with Palestine.
November 28, 2022, 06:39:04 AM
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
Don't expect quickly I don't think so the bull run come in coming months. I think it will take almost 2 years. Because there are many reasons behind it.

Like exchanges crashes. Like FTX. And Luna also scammed.  When BTC comes in a good move any bad news hit badly. So it goes down.
jr. member
Activity: 1078
Merit: 2
I WANTED EVERYONE TO BE HAPPY IN LIFE
November 28, 2022, 06:34:29 AM
I think it is just a pump and dump of the market and I believe The worst is yet to come the inflation is keep rising it is not the good time to Invest these past 2-3 month is really bloody for the Crypto but we can't really complain in crypto we should only invest what we afford to lose Just waiting for 2024 Bitcoin halving hope Previous trend follow itself
hero member
Activity: 1820
Merit: 537
November 27, 2022, 11:25:00 AM
We're still far from the bullish trend. As long as the economic crisis is getting worse, the market couldn't rise since most investors are still in the midst of the battle to survive this crisis.
There are also issues the the blockchain technology has facing right now which pulls down the prices down. However, it isn't the time to feel afraid because we all know that the bullish season will still come. We only have to be patient and take advantage of the dip by accumulating and buying potential coins for a long term investment.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
November 27, 2022, 11:00:33 AM
economic crisis and various crashes has occurred recently, the changing of trend in btc should be the last thing that's gonna be happening considering the current circumstance is just bad enough for investments in general.
I think it's wiser that you starting to accumulate if you have the money and hold it for long term but never expect that the market will have some bullrun in this year mainly because the market got significantly impacted by the recent crashes of many big project quite bad enough that I think it will need some moment in recovery.
The current situation will affect cryptocurrencies a lot, moreover projects that are said to be large projects are destroyed, this is an indication that the current situation is very vulnerable for growth. I agree that a bull run will happen, but not this year. We have to be more careful even if we see improving market conditions if we just want to make a quick profit. It will be different if we put our money in a very long time, the current condition is our opportunity to enter. However it must be kept in mind about the preparation that perhaps worse things will happen.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
November 26, 2022, 05:35:20 PM
economic crisis and various crashes has occurred recently, the changing of trend in btc should be the last thing that's gonna be happening considering the current circumstance is just bad enough for investments in general.
I think it's wiser that you starting to accumulate if you have the money and hold it for long term but never expect that the market will have some bullrun in this year mainly because the market got significantly impacted by the recent crashes of many big project quite bad enough that I think it will need some moment in recovery.
hero member
Activity: 2660
Merit: 651
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November 26, 2022, 05:24:05 PM
There are many expectations, but they are mostly just predictions, they may hit or disappoint, so we must follow the chart and have a clear plan. Also, what we must do is choose the promising currencies because these currencies will give us huge gains if we choose them well now. The bear market is still going on and is not over yet. The opportunity is still good for those who have not made a bold investment decision yet and for those who want to buy more coins at attractive prices. It doesn't matter when the bull run will start, but the most important thing is the decision you made and the coins you invested before entering the bull season.
There are many expectations because some people still find it hard to accept the trend the market presented and focus more on the 4 years cycle activities or calculations this is the reason for disappointment.
Having said that, following the chart can also be a fatal decision because we are dealing with a total uncertainty market season. yes, the bear is not over and the bottom seems to be yet to be achieved either.
As you said, the best to do now is to preserve every opportunity the market present.
legendary
Activity: 1890
Merit: 1537
November 26, 2022, 10:21:34 AM
There are many expectations, but they are mostly just predictions, they may hit or disappoint, so we must follow the chart and have a clear plan. Also, what we must do is choose the promising currencies because these currencies will give us huge gains if we choose them well now. The bear market is still going on and is not over yet. The opportunity is still good for those who have not made a bold investment decision yet and for those who want to buy more coins at attractive prices. It doesn't matter when the bull run will start, but the most important thing is the decision you made and the coins you invested before entering the bull season.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
November 26, 2022, 05:37:48 AM
No, bearish market still on. I don't think, investors and traders will experience bullish market in this month of November because the crypto market price is still decreasing without any sign of pumping high for investors and traders to have hope of see bullish market in this new month. I think, next month will be a favourable month to both long term investors and short term investors, because altcoins and Bitcoin price will definitely pump higher for those that invested well in the past to have access to the bullish market to achieve good incomes from the market.
It's true, I think the bear market will continue because looking at the current conditions, I think we need to be realistic.
I don't see a bull market coming anytime soon but I hope I'm wrong because you never know what will happen next.
What's clear is that you just keep following market developments
Majority of recent pump in price of both ethereum and bitcoin is just a bull trap the coast is not yet clear for a bullish run because there are many strong resistance to be broken by the price before a clearer picture of the market sentiment will be unveiled, better still except if there a strong fundamental news that might trigger a massive bullish run else the bearish sentiment will linger on even now that there are bad news related to cryptos especially the recent FTX exchange hack which resulted to loss of crypto worth millions of dollars had a significant impact on the price of cryptos.
sr. member
Activity: 1148
Merit: 346
November 25, 2022, 11:49:18 AM
We've already on a deeper decline though, our previous all time low is $17,500 and then the market goes down even further at $15,500. And still the price is just a shade just $16,300 so not sure what you are trying to say for a deeper decline?
and from before we also experienced an extraordinary decline from $ 19k to $ 3k but when bullish came last year it reached $ 60k. for me this is a normal thing with bitcoin because whatever the price has been, it has experienced a very deep price drop and later it will also increase in price when the next bullish comes

But yes, possible next year, when we have another negative news like the FTX collapse or similar, we could be in another deep trouble as the price is possible to hit a snag around $10k-$13k, but we will see. No one knows what the future is, we just have to be prepared in this bear market.
if next year there are no more dramas like the FTX case you mentioned, chances are everything will be fine.
yes indeed anything can happen to the price of bitcoin but bitcoin has been acknowledged that there will be years where the bulls bring the price of bitcoin much higher than before.


yes this is the normal thing in bitcoin as we all know before like you said above mate it reach to $3k which is a very small amount but last year it will reach over $60k it means a big run from 3k to 60k then now it's normal that the price will go up and down because bitcoin is volatile and we all know that. And the best we can recommend is that we can buy no and hold it until the next price up .
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 25, 2022, 04:06:45 AM
We've already on a deeper decline though, our previous all time low is $17,500 and then the market goes down even further at $15,500. And still the price is just a shade just $16,300 so not sure what you are trying to say for a deeper decline?
and from before we also experienced an extraordinary decline from $ 19k to $ 3k but when bullish came last year it reached $ 60k. for me this is a normal thing with bitcoin because whatever the price has been, it has experienced a very deep price drop and later it will also increase in price when the next bullish comes

But yes, possible next year, when we have another negative news like the FTX collapse or similar, we could be in another deep trouble as the price is possible to hit a snag around $10k-$13k, but we will see. No one knows what the future is, we just have to be prepared in this bear market.
if next year there are no more dramas like the FTX case you mentioned, chances are everything will be fine.
yes indeed anything can happen to the price of bitcoin but bitcoin has been acknowledged that there will be years where the bulls bring the price of bitcoin much higher than before.
sr. member
Activity: 1008
Merit: 366
November 24, 2022, 03:22:00 AM
Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

As many have predicted, it will take more time. As long as 1-2 years. And the little movements in market will only make us confuse.
Strong holders are still holding knowing well that it will go again but sure it will take more time than we have predicted in the early bear market's beginning.
All upper movements in market indicate fake bull indication.
member
Activity: 467
Merit: 61
November 24, 2022, 02:37:37 AM
In my opinion, technically a bull market doesn't start until the bear market ends. But it will come to an end, for sure. Historically we have been in a phase of accumulation and survival. it's like in 2018 accumulation—sideways occurred for 5 months after the last dump, starting from late November 2018 to early April 2019.

That's right, friends, but of course no one will know when the bear market will end and when the bull market will arrive. and actually I did not think that until now the bear market is still continuing. but I think in the near future a bull market will be born because I see crypto has started to improve. not like the day before. but now is the time to buy and collect as much crypto as possible.
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