Topic: Can it be real bull or just a temptation. (Read 798 times)

This is not the real bull it is an indication of the bull to come. This one is clearing the way for the bull to come. So if got you time to accumulate more now that is still low. Now the market is $35+k  and is still rising and that means the bull has just begin but the real bull will come after the halving in 2024. This one is just to make the way smoothly to the real bull to come. Op you have to know that the real bull will never come when the halving has not started. So the matter how the price is high, it is not the bull market but preface to the bull.

Many people are taking this as the bull because this their first time of seen bitcoin price high like this.

But we are hovering on 34k+ price on which we cant even tell if it would be able to break that 35k or we would really be that staying for long within these levels and everything would really be that depending
on how this market moves and the demand of course. The thing i do have in mind is on when that huge correction would happen before halving event. Usually this do really happen and that would really be
indicating on whats the possible bottom price of this current cycle. If it would really be just that having only that $15k or would really be much lower. Temptation or bull trap?
This isnt something new and if you are that someone whose really that been new into this market then you would really be normally having that kind of reaction
but if you've been here for a while then you are already get used to it.

Since the time the market cross thirty thousand its when it show a sign of positivity in the market,  if we are contradictory bullrun and bullish in this increase, I will tell you that we have to understand that bitcoin have totally increased to extent that we don't need to microscope the bullrun any long, right now bitcoin is in the state and stage of a bullrun because of its price right now, their is something I wanted us to understand and what I needed us to know about bitcoin price, so whosoever that wants to invest should invest and whosoever that believe that bitcoin price is not in bullrun should also believe so because their is every tendency that market of bitcoin can change to positive or negative.

Honestly, if you know how to identify market structure you would say exactly that the market is bullish. But the bullishness we experience today is different from before. It's because there are no visible resistance in Bitcoin that could make the price difficult to increase impulsively, unlike this year's bull market there are so much resistance already that's why it's slow down a little bit. I believe that when the price creates new ATH it would go up drastically because there's no visible resistance we have seen in the market. So the kind of bull run that we want possibly happened next year if it breaks the ATH price.

We consider that the market reality is having a positive impact on increasing to the next level, the increase reached more than 10% on the same day, so we think the market is bull run or bullish but not assuming that the market is rising is just a temptation. Another supporting aspect is that some positive news will come soon ahead of the halving period which will trigger market acceleration to reach high prices in a few months. I think we must immediately correct thoughts that are not correct in assessing the market, it is just a temptation, they will always fail in investing because they are hesitant and they will regret not having assets when the Bitcoin price has reached $50k.

It really depends on how you look at it, maybe for some it is bearish, as technically we are. The bull season starts right after the halving and it is still months before that activity and that's why the bearish outlook.

But if you are going to zoom out or at least look at year to year, lowest low is $15,500 and right now we are about in the $35k'ish. So that is already a huge jump, more than 100% increased in just 12 months so that is a case for a bullish trend already.

Nevertheless, it's only the beginning, we have the halving next year which is the catalyst for a eventual bull run 2024-2025.

Many people want us to say that we are in the bullrun or bullish because they are confused of bitcoin being in a bullrun or bearish, so bitcoin is having positive and that positive bitcoin is having in the market I will say that we are in the bullrun because the price of bitcoin now and like a month ago is not the same, so theirs increased in the price and secondly the price continues to accelerate from one level to another level, so therefore I believe that bitcoin right is at the increase state and its in bullrun in other way of understanding.

Could it be a real bull or just a temptation, I think that does not matter anymore because I always believe that every price of bitcoin is significant and that the present price has something to do with the future price of bitcoin. Although its undeniable that we still get to see market price decline in the next few days but we all know that it's always temporary and bitcoin price will eventually recover afterwards.

However, with bitcoin halving that is soon to happen in the market, then obviously we are heading into a bull market soon but we can't tell exactly as to when it's gonna happen as the market remains unpredictable every single day.

We know that people would really be finding out their best or sweetest spot on making some entry.This is why it would really be that normal that they would really be that keep on waiting for that proper or right time which we know that there's no way that we could really be that able easily know on which spot yet the market would really be that always random and there's no way on spotting out on where prices would be making out some pumps or on when it would really be that making that huge dump. There's no way that we could be able to spot out those numbers and this is why on each step that we do make would really be having that corresponding that risks taking that we are able to make. We cant really just that easily make out those kind of decisions which we do always have that kind of hindrance.

Now we are really that moving sidewards on almost 35k point or level on which we can assume that this is really that the resistance that we do really need to break. It might take up sometime but pretty sure that
it would be easily be broken on the time that bull run do happen. It is something inevitable but of course we do know that there would really be no assurance since this market could really
be having that bull run effect or not for this upcoming cycle, no one really knows.

Most of us here think that we're not be going to bullish and besides, it was too early to think about while the halving hasn't come yet. Whatever the reason for this pump, still we could say that the market remains unpredictable. Still, we have no assurance that the current surge will continue before the end of this year in fact, after a few days from the pump, it started to show some decline already which means that after the surge, people selling off their coins already. That is why I have no confidence yet for the bullish to come, not this year.

To be honest, Im not seeing any market temptation but I can't also tell that what is currently happening is a real bull. It's just that there are some positive factors that have hit the market and made it look more bullish in our eyes. But I can say that this is the start of seeing the market in a bull run as bitcoin halving is getting near and we are expecting a highly positive outcome every after bitcoin halving.

This is the best time to accumulate more bitcoin and do the DCA. But if we will witness a price drop later on, for me that opens another opportunity for us to invest more since it might be the last price drop that we will witness before the real bullish market is set to happen.

I am not seeing a temptation nor a real bull run, but I believe what is happening now will certainly lead into a real bullish market that is happening soon. The reason why I need to prepare more my investment portfolio and continue to DCA as much as possible. Regardless if the price is now quite expensive, that does not matter as I am always into long term hodling and just only sell when the market is certainly bullish and bitcoin price reaching its new all time high that we all have been waiting for.

Yes, time is running out, but I think at least in the next six months, we can still accumulate as the price could be just ranging from $30k-$50k. I think that is still very cheap as compare to what we are all predicting, at least 6 digits and it could be more than 100% profits for us.

So if we have the capital or at least have patience, and then long at the grand scheme of it all - profits in the future. And with that, just continue to accumulate no matter what the price is in the next six months and just be prepared for the bull run in 2024.

Bitcoin is showing some bullish signs, now this may not actually signify a bull run is imminent but it is a good sign for those that have already ended their accumulation and they are simply waiting for the bull run to come.

However I feel there is still some time left before that happens, but time is running out, investors really need to end their preparations already, because once the bull market starts that is simply the moment to relax and be happy about our preparations finally producing the profits we expected.

What we experience now doesn't look like temptation. There is real growth happening in the market with corrections taking place in between. Days back crossing $35k price barrier looked like a long way move, but the market gained resistance and crossed it marking the ATH price of the year. Now the price have fallen down to $35k and this is common move between specific price range. Based on altcoins volume on exchanges, it looks like there is chance for altcoin season. So the complete market have turned healthy and what is happening now is the seed of upcoming market movements.

OP how surprised are you beginning to be now in November, that you have seen Bitcoin go higher than the $29k that you were surprised by last month?

Are you beginning to have the feeling of a bull run or do you still see the recent rise of Bitcoin as a temptation not to fall in? Regardless of how you currently interpret it, I want to tell you that the bull run is getting ready to be on the move, and it is not a tempting move that will get you roasted with losses

yes, we will welcome a nice crypto bull run later, this will get everyone excited.
The month of October closed on a positive note with Bitcoin's current price above $34k++ and has gained more than 20 percent since October 1 at $28k.

It's no surprise that October has always been an up month for Bitcoin and this will probably translate into November, which has been bearish for the last 2 years.
If indeed a bearish trend exists in November then we will have the opportunity to buy the dip again.

Regardless of these predictions, Bitcoin halving is getting closer and this will trigger a positive trend for Bitcoin to continue to strengthen.
It is possible that the price could reach $50k before the halving occurs.
An important factor that has historically impacted the scarce supply of BTC and could eventually theoretically catapult the price.

$40k price isnt really that too far as we do all know on which +$5k movement doesnt really take long or be that much too far, we do only need some positive news that would act as a catalyst for us to hit up that 40k
and yes its true that we do only have 8 weeks left for this year to end but basing up or looking into those price opening and closing charts on each month then it does really shows that this month is likely to be red
and so as December on which im not really that much putting up myself on being that too positive about some increase but rather i would be expecting that there might be some other sideways movement
as of this moment.
Well, this market is never been predictable in the first place on which there's no such thing about patterns or whatever forms that you are really that seeing in the past. The market could move out following it
or totally that opposing such thing. For now then it would really be that so hard to tell on where it would be going but its not bad to take up positions as of this current price considering
that bull run event isnt really that too long but expect that it would really be that on post-halving months which we do all anticipate.

I think we will have a good crypto move up.

Seems like a real bull to me. Markets around the world seem to be celebrating that the rate hike cycle appears to have ended for now. I haven’t seen as many failures as I expected and the housing market is still way too strong, but maybe they’ll pause here for a while and let people start feeling the pain. Those with decent financial situations are cheering that easy money times seem right around the corner again.