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Topic: Bullrun top - page 3. (Read 1051 times)

sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
January 29, 2024, 07:44:26 AM
#45
In my opinion, the first time BTC will reach a new ATH above 70k$ is in December this year.
and will continue to rise until 2025.
that is my opinion.
legendary
Activity: 2772
Merit: 1127
January 28, 2024, 01:06:03 PM
#44
I guess I consider myself as a long time investor. I don't have much, but I have been hodling my little Bitcoin for many years already. I have Bitcoin that can be traced back more than 5 years ago. It's small but it's growing little by little.

This bull run will be bigger than any bull run in the past. This bull run, I'm referring to the bull run following the halving in April, is going to get us back to the ATH which was hit more than 2 years ago already. Not only that, this next huge bull run will finally bring us to $100,000 for the first time.
The question is applicable for all, not just to those who are long-term investors, since he is only asking if what we think about the bull run. And there is no right or wrong answers to this. And even if he wants to know if there is a bull run in the quarter four of this year, long-term investors won't still predict it accurately despite having a good experience on this market.

But since there is an upcoming halving, and then the ETF for BTC is already approved, add in the possibility of ETF in ETH, we might really be having that bull run which everyone is hoping about and it may not take too long for it to occur. Maybe second or third quarter, it was already there. And like you said, this bull run is bigger than ever because that is always how it works, with or without positive events.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
January 27, 2024, 05:30:53 PM
#43
Franky explained it well.

You just have to count it with another year because of the pattern that it has shown in the past. You don't have to be an expert in reading charts or markets by doing so.

If you think that the top will be the Q4 for this year, you might be disappointed but that's fine. We've got all our expectations every after the halving and we might see the start from there or we're already far from that point compared to this time we discuss.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
January 27, 2024, 02:06:18 PM
#42
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
It is very difficult to predict where the bullrun top will be, from the past bull market experience, so much excitement is created in the market during the bullrun because fresh money enters the market, people keep buying bitcoins in the hope of profit, as a result of which the market continues to rise. So finding a definite top of the market is very difficult. Checking the history after Bitcoin halving gives an assumption that Bitcoin will enter a bull market, as we have seen in the past that the new Bitcoin ATH crosses quickly after Bitcoin halving. So I expect Bitcoin to perform well this year and cross the new ATH.
legendary
Activity: 2618
Merit: 1181
January 27, 2024, 01:30:37 PM
#41
Well, if we look at it historically, I don't think that's entirely true. 

In the 2012 halving, Bitcoin was still in its early stages of development, and adoption was much much lower. 

First halving cycle (November 2012 - July 2016) - Highest price $1,170 (November 2013)   

In the 2016 halving, Bitcoin had gained more traction, and adoption was increasing. The price reached $1040 in 2016, which was still below the previous all-time high from 2013, but very close. The price reached a new ATH in February 2017.

Second halving cycle (July 2016 - May 2020) - Highest price $19,400 (December 2017)   

The price reached $20,000 in 2020 (after the third halving), which surpassed the previous all-time high from 2017. The closing price for BTC in 2020 was $28,994.00, on December 31, which is almost a 50% increase compared to the previous ATH.

So if history repeats itself, we could even see >100k by the end of this year.

sources:
https://coinmarketcap.com/currencies/bitcoin/
https://www.statmuse.com/money/ask/bitcoin-price
Well it's pretty much possible if history repeats itself but if Bitcoin breaches previous ATH then the expectations of bull run will be ignited further and $100k will break hell loose as it would be an historic landmark figure which has been predicted for a while. All I would say is that we can expect a repeat of previous cycles but need to be ready for any outcome and have alternative plans in place as crypto is highly unpredictable and there is no guarantee that same trend may repeat though I believe we will see history repeating.

There's nothing wrong with hoping the previous cycle repeats itself, but personally I don't expect too much, especially this year. I don't expect bitcoin price to print a new ATH this year above $69k, but if it happens then I or all of us should be grateful. The cycle may or may not repeat itself, we never know what will happen but history repeats itself every time Bitcoin goes through its halving.

All of us are looking forward to it, but there is also a possibility that the new ATH will fail after the halving because after all the pattern has been studied too much. The potential for failure exists, but I believe the price will be pushed higher due to increased FOMO. We'll see and wait patiently, but to anticipate big spikes, it's best to build a stronger portfolio.
hero member
Activity: 1652
Merit: 569
Catalog Websites
January 27, 2024, 12:37:57 PM
#40
Correct me if I'm wrong, but Bitcoin normally reaches previous cycle's ATH during the halving year. Then why do you think we're not going to exceed last cycle's ATH this year? 

See here: https://bitcointalksearch.org/topic/m.63374431

Its never been less than a year from halving to subsequent high:

I think he was referring to the previous cycle's ATH, not the new ATH.  So, the right question would be, considering previous cycles, do we expect 69k by the end of this year?


Hey the question remains the same because $69k is the current ATH which was achieved in last cycle hence the question would be Bitcoin breaches it's previous ATH and reaches new ATH in the halving year. The answer would be "NO", Bitcoin doesn't breach the previous ATH in the halving year but rather the following year and I think the cycle will repeat and Bitcoin might not break $69k this year since 2024 is the halving year. It should eventually happen in 2025.

Well, if we look at it historically, I don't think that's entirely true. 

In the 2012 halving, Bitcoin was still in its early stages of development, and adoption was much much lower. 

First halving cycle (November 2012 - July 2016) - Highest price $1,170 (November 2013)   

In the 2016 halving, Bitcoin had gained more traction, and adoption was increasing. The price reached $1040 in 2016, which was still below the previous all-time high from 2013, but very close. The price reached a new ATH in February 2017.

Second halving cycle (July 2016 - May 2020) - Highest price $19,400 (December 2017)   

The price reached $20,000 in 2020 (after the third halving), which surpassed the previous all-time high from 2017. The closing price for BTC in 2020 was $28,994.00, on December 31, which is almost a 50% increase compared to the previous ATH.

So if history repeats itself, we could even see >100k by the end of this year.

sources:
https://coinmarketcap.com/currencies/bitcoin/
https://www.statmuse.com/money/ask/bitcoin-price



Well it's pretty much possible if history repeats itself but if Bitcoin breaches previous ATH then the expectations of bull run will be ignited further and $100k will break hell loose as it would be an historic landmark figure which has been predicted for a while. All I would say is that we can expect a repeat of previous cycles but need to be ready for any outcome and have alternative plans in place as crypto is highly unpredictable and there is no guarantee that same trend may repeat though I believe we will see history repeating.
legendary
Activity: 2086
Merit: 1058
January 27, 2024, 11:36:05 AM
#39
The likes of BlackRock probably doesn't fully care whether there's a bull run or not. After all, whether the price increases or decreases, the fees will continue to flow. And that's where the money comes from. But a bull run is probably a big reason for investors to be bullish as well. More investment flows in. That's more fees, more money, as well.

These investment companies don't own the billions of dollars in Bitcoin they're holding. Those coins are not at their disposal. They can't just dump them whenever they want. It's not theirs.
That is exactly what the exchanges in the crypto world think as well, but for some reason people like them a lot more. When there is a bull run, people run to coinbase and binance and what not, thinking they are great places to make money, when in reality, the yare also the places most lose their money too, they work both ways. If there is a volume then there is a profit, they take money from the trading fee.

All in all, both blackrock and exchanges make more money during bull run, because in theory it has been proven that during bull run people trade more, so they get more trading fee, that means companies make more profit. They are not really happy that you are making a profit, but they are happy that price going up means they are getting more fee from you.
sr. member
Activity: 2380
Merit: 366
January 27, 2024, 04:23:11 AM
#38
I guess I consider myself as a long time investor. I don't have much, but I have been hodling my little Bitcoin for many years already. I have Bitcoin that can be traced back more than 5 years ago. It's small but it's growing little by little.

This bull run will be bigger than any bull run in the past. This bull run, I'm referring to the bull run following the halving in April, is going to get us back to the ATH which was hit more than 2 years ago already. Not only that, this next huge bull run will finally bring us to $100,000 for the first time.

And I think it's going to be smaller because of Wall Street involvement. These people aren't interested in 300% gains, all they need is a simple 20% a year and they'll be happy with how much money they have, so I think that if we get a strong bull run they will try to capitalize on that and one entity holding 500k bitcoin can do what it wants in this market. It can stop any bull run if it decides to dump it.
I strongly believe that if we go 2x from the last ATH Wall Street will be selling everything because they rarely experience that kind of profit these days.
Don't misunderstand me, I'm not bearish here. 2x is somewhere between 120k and 150k, but I don't see this bull market as stronger than 2018 or 2013. The more institutions get involved the less gains I'd expect from bitcoin. Probably only 150k this cycle and maybe 250k next cycle in 2028.

The likes of BlackRock probably doesn't fully care whether there's a bull run or not. After all, whether the price increases or decreases, the fees will continue to flow. And that's where the money comes from. But a bull run is probably a big reason for investors to be bullish as well. More investment flows in. That's more fees, more money, as well.

These investment companies don't own the billions of dollars in Bitcoin they're holding. Those coins are not at their disposal. They can't just dump them whenever they want. It's not theirs.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
January 27, 2024, 01:33:36 AM
#37
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
Do you mean the bull run coming, as we've not returned to an immediate one now? Well, I expect a huge bull run this year, something similar to what we experienced a few months ago, but it will be double of that size as it will be the major one expected by everyone, so there will be FOMO everywhere at that time. This will happen after halving, the effect might not be immediate, but I suspect an immediate one this time due to the people's expectations that are more than before. Though it might start in weeks as people just want to be part of the world cake brought by Bitcoin, no one wants to miss out like the old times.

We will do well if we are still patient for now though, the market is not just encouraging now, and at the current high level of $40,000, I think that it is not so good to risk buying heavily now unless you want to DCA the coin. Nevertheless, be sure of Bitcoin hitting above $100,000 in the next bull run, and I suspect that it would have hit that level in the late months of this year or the early months of next year. I hope this meets a good view of yours as well, but be very careful and DYOR even as you engage the market carefully and managerially.


Yes this bullrun we are already in /started....

I don't know if we can call this a bull run already, as per definition though and as far as I can see, bull run starts right after the halving. So although we have seen the price going as high as $49k after the news of approval of Spot Bitcoin ETF, the price still makes a correction. So for me it's better to wait after the halving and see how the market will grow overtime.
Bro, let me just make it clear to you, you might be right that a bull run happens at halving time, but it might not start then and that is a major bull run where the market will move so much, others could happen. This doesn't stop the mini-bull run from happening, which is what we experienced in the last months of 2023. A bull run simply means a bullish trend, and it would be wrong of anyone to condemn the bullish trend that happened for 5 months as no bull run. Even at correction, it can still rebound and continue the movements. Good, the major bull run is coming after halving, we are all waiting for it and it might make the Bitcoin market move so well to hit the current ATH and move higher to even above $100,000.

Though this is a speculation, but would be what will likely happen. These would be the post-halving effect of the market. But don't you think that it might be too late for some people if it is then they are now investing in Bitcoin? Imagine those who started their investment on the first day of 2023, they are assured to make money in Bitcoin in multiples even if the post-halving effect will not see it far more than $100,000. But for those who are waiting for having, what if Bitcoin continues to push higher and almost hits the ATH of $69,000 when the halving happens, what will be their fate if the next ATH will be barely $100,000+? They can't make much, it is obvious.
legendary
Activity: 2702
Merit: 4002
January 27, 2024, 01:07:55 AM
#36
most of the predictions say that we will be between $40,000 to $70,000 this year and $100,000 to $170,000 for the next year. Therefore, unless there are changes, these expectations will remain the basic ones, even though in the previous cycle the bottom was less than $20,000, which is what It may suggest a change in the shape of the 4-year bitcoin cycles, but it is better not to bet on that according to the current circumstances.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
January 27, 2024, 12:55:22 AM
#35
I agree with people that it is going to take about 13-15 months to see the peak, doesn't mean that it has to be exactly at that point, there could be some changes, but it will definitely look a bit different. I think that should be the point. I know that it will take some time for people to see this as working, but that doesn't mean that we are going to end up with anything major, we just need to wait until then and accumulate as much as possible.

When the time comes and the bull run starts, it is not going to be just one month, it will start going up more and more, and will peak at some point. Our job is to make a lot of profit during that period from here to peak, that's when the real money is made, many people retire from their earnings during bull runs.
STT
legendary
Activity: 4102
Merit: 1454
January 26, 2024, 06:59:46 PM
#34
I think top of market is actually 2025 probably not this year as we are starting too late maybe.   Right now theres a downtrend to work out.   Later on we have halvening to navigate which is not all automatically positive, a rough guess for trajectory and rate of possible gains in this year I would say to just extrapolate the previous 3 or 6 months of price action.    Since we've so often gone sideways this idea does not lead us to grand price gains unless we break out and exceed previous trajectory which is where I would stop expecting this outcome to come true.
legendary
Activity: 2478
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Don't let others control your BTC -> self custody
January 26, 2024, 04:30:45 PM
#33
I guess I consider myself as a long time investor. I don't have much, but I have been hodling my little Bitcoin for many years already. I have Bitcoin that can be traced back more than 5 years ago. It's small but it's growing little by little.

This bull run will be bigger than any bull run in the past. This bull run, I'm referring to the bull run following the halving in April, is going to get us back to the ATH which was hit more than 2 years ago already. Not only that, this next huge bull run will finally bring us to $100,000 for the first time.

And I think it's going to be smaller because of Wall Street involvement. These people aren't interested in 300% gains, all they need is a simple 20% a year and they'll be happy with how much money they have, so I think that if we get a strong bull run they will try to capitalize on that and one entity holding 500k bitcoin can do what it wants in this market. It can stop any bull run if it decides to dump it.
I strongly believe that if we go 2x from the last ATH Wall Street will be selling everything because they rarely experience that kind of profit these days.
Don't misunderstand me, I'm not bearish here. 2x is somewhere between 120k and 150k, but I don't see this bull market as stronger than 2018 or 2013. The more institutions get involved the less gains I'd expect from bitcoin. Probably only 150k this cycle and maybe 250k next cycle in 2028.
hero member
Activity: 700
Merit: 577
January 26, 2024, 03:45:39 PM
#32
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
There are different predictions in market. Many are predicting that before the thi year will end and after the halving the bull will start to manifest in the market and there will be different signs in the market. Some predicted that before this year will end, the price of bitcoin will be on the rate of $50+k to $60+k and others are predicting that in the bull of next year, the price will reach at least $100,000 US dollar. These are all good predictions before the market is also in the volatile nature so nobody knows what up of the market.

In my own opinion in the market, now that bitcoin has not even reach halving and the price is reading $40k and above then after the halving for one month interval bitcoin price will reach $50k and at the end of the closing year the price will hit $55k.
hero member
Activity: 1526
Merit: 555
January 26, 2024, 03:34:18 PM
#31
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
Do you mean the bull run coming, as we've not returned to an immediate one now? Well, I expect a huge bull run this year, something similar to what we experienced a few months ago, but it will be double of that size as it will be the major one expected by everyone, so there will be FOMO everywhere at that time. This will happen after halving, the effect might not be immediate, but I suspect an immediate one this time due to the people's expectations that are more than before. Though it might start in weeks as people just want to be part of the world cake brought by Bitcoin, no one wants to miss out like the old times.

We will do well if we are still patient for now though, the market is not just encouraging now, and at the current high level of $40,000, I think that it is not so good to risk buying heavily now unless you want to DCA the coin. Nevertheless, be sure of Bitcoin hitting above $100,000 in the next bull run, and I suspect that it would have hit that level in the late months of this year or the early months of next year. I hope this meets a good view of yours as well, but be very careful and DYOR even as you engage the market carefully and managerially.


Yes this bullrun we are already in /started....

I don't know if we can call this a bull run already, as per definition though and as far as I can see, bull run starts right after the halving. So although we have seen the price going as high as $49k after the news of approval of Spot Bitcoin ETF, the price still makes a correction. So for me it's better to wait after the halving and see how the market will grow overtime.

It could be close to $100k for this year, but the top could happen in 2025 though. And we should get to it one step at a time. I mean we should peak at our previous ATH for this year, and then by next year bull run continues and it could be as high as $180k++.
newbie
Activity: 5
Merit: 0
January 26, 2024, 02:33:11 AM
#30
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
Do you mean the bull run coming, as we've not returned to an immediate one now? Well, I expect a huge bull run this year, something similar to what we experienced a few months ago, but it will be double of that size as it will be the major one expected by everyone, so there will be FOMO everywhere at that time. This will happen after halving, the effect might not be immediate, but I suspect an immediate one this time due to the people's expectations that are more than before. Though it might start in weeks as people just want to be part of the world cake brought by Bitcoin, no one wants to miss out like the old times.

We will do well if we are still patient for now though, the market is not just encouraging now, and at the current high level of $40,000, I think that it is not so good to risk buying heavily now unless you want to DCA the coin. Nevertheless, be sure of Bitcoin hitting above $100,000 in the next bull run, and I suspect that it would have hit that level in the late months of this year or the early months of next year. I hope this meets a good view of yours as well, but be very careful and DYOR even as you engage the market carefully and managerially.


Yes this bullrun we are already in /started....
sr. member
Activity: 2380
Merit: 366
January 26, 2024, 02:00:51 AM
#29
I guess I consider myself as a long time investor. I don't have much, but I have been hodling my little Bitcoin for many years already. I have Bitcoin that can be traced back more than 5 years ago. It's small but it's growing little by little.

This bull run will be bigger than any bull run in the past. This bull run, I'm referring to the bull run following the halving in April, is going to get us back to the ATH which was hit more than 2 years ago already. Not only that, this next huge bull run will finally bring us to $100,000 for the first time.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
January 26, 2024, 12:40:06 AM
#28
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
Do you mean the bull run coming, as we've not returned to an immediate one now? Well, I expect a huge bull run this year, something similar to what we experienced a few months ago, but it will be double of that size as it will be the major one expected by everyone, so there will be FOMO everywhere at that time. This will happen after halving, the effect might not be immediate, but I suspect an immediate one this time due to the people's expectations that are more than before. Though it might start in weeks as people just want to be part of the world cake brought by Bitcoin, no one wants to miss out like the old times.

We will do well if we are still patient for now though, the market is not just encouraging now, and at the current high level of $40,000, I think that it is not so good to risk buying heavily now unless you want to DCA the coin. Nevertheless, be sure of Bitcoin hitting above $100,000 in the next bull run, and I suspect that it would have hit that level in the late months of this year or the early months of next year. I hope this meets a good view of yours as well, but be very careful and DYOR even as you engage the market carefully and managerially.
sr. member
Activity: 2618
Merit: 439
January 25, 2024, 10:16:57 PM
#27
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024

each ATH (bullrun top) happens +1 year after halving

thus mid spring-summer 2025 prediction for next ATH (bullrun top)

halving year normally does not exceed previous ATH

so 2024 pattern would expect to not exceed 2021 ATH($70k)

..
with that said. when a pattern is too well known. many people anticipate and plan to beat the pattern, thus breaking the pattern
Clear enough to understand the market and the movement from the first Halving up to now and not like what most said in many thread that they are expecting Bull Market this year at least in December but suddenly this  make things possible to understand that in the following year means 2025 is the time that the breaking of ATH means we may see  100k in that same year .
I also once listen to those comment but now finally realized that there will never be Bull market this year not even there is the approval of Bitcoin ETF.
hero member
Activity: 2240
Merit: 848
January 25, 2024, 10:03:19 PM
#26
Market top won't be this year. If it was that would be a whole year earlier than the previous cycles.


I expect it won't quite take until Nov/Dec 2025 for the peak to hit this time around. I would guess it will peak summer / early Fall 2025. I think by end of 2024 the price will already have passed the ATH, simliar to 2020, except whereas 2020 didn't do much for the first 9 months of the year and then the price started shooting up in the Fall, I think Bitcoin will gradually grind up this year toward $70k+ instead of doing it all in just the last few months. And I expect ATH to actually get hit maybe early Fall, like Sept/Oct, with the price maybe reaching $80k by end of year.
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