Topic: How long will this bull run be? (Read 573 times)

Sad to say dude but that wasn't at all a bull run. Learn to determine what a bull run is so you won't get yourself disappointed. That recovery spike did't even get us past 8.5k lol

in my opinion it won't take long, at the end of the year we will see the price of bitcoin returning to $ 20k. in 2020 bitcoin prices will reach $ 50k by the end of the year.

It's true that bull run won't last forever but the bear market has been too long, a lot of investors start to frustrated and losing hope, this could be a dangerous situation, because when the investors losing trust then it could cause the price fall down deeper, so it's a like a chain reaction, hopefully there will be good news to elevate the Bitcoin price

Bu this time we are expecting that this will be the longest bull run ever happen in history. As people have waited a lot for the increase in bitcoin price, therefore now they are expecting that when bitcoin price will start increasing its price it will hopefully last tell the price reach to 20k again.

Bull run doesn't last forever. There are definitely going to be downtimes of a good times sometimes in the future. Best thing is to prepare for all situations no matter where we stand. It might last long for now, but eventually, its going to bring bear times too

Yes,it looks already ended,the prices were falling too much now.

But wait,yeah we may see the start of the bull run at near to the end of this year so all we an do is hold on and wait for the positive news comes into the market.Just keeps spreading positive news about the bitcoin is all we can to do help the bitcoin to recover.

Yeah that SEC commissioner is really a pro bitcoin and I saw the post on reddit that many followed her twitter account to show that the community loves her so much.
NO REASON TO NOT ALLOW’ THE BITCOIN ETF TO GO AHEAD — SAYS SEC COMMISSIONER

Well, it ended before it even started. So guess you got your answer. The Bull run we are expecting here may never happen. I was hoping September-October might be the time where bitcoin goes high up, but maybe it is just delayed further more. Instead of bull runs, we may just have minor price fluctuations all along the year,it'd be a terrible year for bitcoin, but it is what it is.

Yeah, it was delayed for sure. I figured it would be, since the SEC has been very hesitant about approving a Bitcoin ETF. I don't blame them, its something entirely new. Usually takes a while for new technology to be adopted and welcomed by the masses. I think the Vaneck/solidx ETF has the highest chance of being a success. I feel like this will be the ETF that is approved. I don't feel that way with any of the other current ETF proposals. The SEC commissioner is really pro Bitcoin ETF, so that's something worth noting. IMO, it's only a matter of time for an ETF to be approved... I think it will happen by 2019 for sure, then halving in 2020 will create the perfect storm 

Short term the way it looked.
Save the best for last but don't be too hyped with it, just don't put too much hope for it and prepare yourself whatever will be the result.
AFAIK there are news that the result was delayed.

Don't get excited already. It may even result in a dump because we won't be seeing CBOE open up its platform this year. It's said to happen somewhere in Q1 of next year, which might be January but could just as well be April. And then we also have to think about how long it will take before we start to notice an actual difference. It all depends on how much demand there will be for that specific product. Positive sign is that CME's futures volumes have increased significantly lately. CBOE of course isn't as big as CME but both platforms trade trillions worth of assets every day. It's astonishing....

And we know that this is not a bull run but at least a short term uptrend in a price action. But please keep in mind what might happen after positive ETF news from SEC, then bull run is very very possible.

This isn't exactly a bull run. This is a pump being driven by ETF speculation. If the news comes out to be negative, a huge dump is going to follow. Else, we would see a major bull run. Only the second scenario van confirm an uptrend. This should only be considered as pump because this is manipulated by big hodlers and isn't really organic when it comes to increase of volume.

Yeah it all comes down to those institutional investors and how much they're going to influence things. If they decide to jump right in, it'll cause big waves in the pool and we'll see a massive move up. But I think that they're being cautious here.

Overall the sentiment is changing as we speak, as more people are returning with confidence. So that might be contagious and spur the institutional investors into moving faster than expected. But until that happens, major consolidation like we see now.

Normal correction of the bull run before 2018 or normaln correction of last surge price action on bitcoin? Sorry, maybe I didn't uderstand what you mean about that.

I do not think we have actually hit a bull run, the total market is still fluctuating in the range 300 Billion USD. i expect a major bull run by the end of the year

Well all of us is don't have any idea about how long bull be because as of now we all observe the price in the market if it's continue to move up or not. For me it's alright if bull run will be happen by the end 2019 or any year as long I can get a good profit as of now.

I probably don't feel as confident in this being the start of a new bull market as a lot of people do, mainly because of the fact that the last major bear market in 2014 simply lasted way longer than just a few months.

I still think that $10k resistance is going to be strong, and it's unlikely that the bull market will come straight after a period of such pessimism within the market. We'll probably see more consolidation before seeing the actual recovery.

But when the bull market does actually come, I think that 1-2 years is usually the norm based on historical evidence. However, with the new institutional investors coming into the markets, the next bull market timeframe could be elevated as a result. It's too early to tell atm as I said, it could not even be the start of the bull run yet, and this could just be a temporary adjustment upwards.

The bearish run has been lasted for almost 7 month since the head of 2018 or the end of 2017
If Crypto market are suppose to be a good investment picks for the upcoming investment trend

The bull run will last longer this time IMO
and we could perhaps break the previous ATH of $20,000 and seeing amount like $25,000 - $30,000

Yes that is right, its look like so. I am also sure about bitcoin price that we will see another bull run and it will continue for a long time. Because the investors got some confident and that is the reason that the volume is now increasing. I think that bitcoin price continue to increase its price for a long time, may be tell the price cross 20000$ again.

It ils not a bull run it is a normal correction.
The price will go over 100k so don't rush and you will know it is not a bull run.
Prices will rise and such thing is normal and expected.

The ongoing bull trend will continue as the price hasn't shown signs of a massive price drop. It is around a stabilized zone moving within $8150-$8250. Soon can see the price crossing the $8500 barrier, upon which the bull trend continues taking the price cross $10000 and can expect altcoins too grow together.

Yes, the bearish trend was long and we could see a bullish may continue. But, value could still suffer a drop down of price who knows, we couldnt predict the market. Until such time bullish run comes out at the time we didnt expect.

Yeah true the millionaire won't be answering anything like it here. By the way no one can exactly answer your question. People assume and guess things from the on going or the upcoming events. I think we still have to wait long for a perfect bullish market.

This trend is going to be like this until there is a negative news setting in. It has been long bitcoins traded in the bearish market and the current rise in price will continue for sometime till it drop.

Exactly, short answer but really good points here.
Just think that - if somebody know when the bull run will start and when the of that will be than he probably would be a millionare and won't be here to answer for your question. I think the best answer is: The bull run will be as long as ppl greed will be in the market

Yeah I agree too. Day trading is just impossible footwork with bitcoin. These kinds of positions demand patience.

I wouldn't say all indicators are lagging. Momentum divergence can predict shifts, or double crossovers of a 3 period moving indicator shifted 3 ahead after a big thrust. Or fib levels.

But I would say that stronger market forces can drive bitcoin and sometimes it defies all indicators. So it requires some pretty fierce dexterity to keep a position. Or just clear profit targets.

That I don't know, making those kind of predictions is just stupid. No way to know right now if we are going up and down to hit the bottom. So far Bitcoin looks strong. We might touch 10k but it's going to be a tough challenge. Obviously if we manage to break 10k and see some follow through that would be huge. Pretty much setting the rest of the year for bitcoin to be bullish. However not being able to break 10k again would also mean a very likely big crash to follow.
I agree. And I think this bounce will soon end and then we will go to finish this Bitcoins cycle bear trend and find the bottom of it.  After that 2015 sideways will come that I will enjoy way more this time as I did in 2015, because I will be sure this time that after that finish the Bull trend will start.

What positivity are you looking for? It all depends on the trend. If we're in a bearish trend then no good news will be able to reverse it. In the same way that applies to a bullish tinted trend. Bitcoin becoming more secure with the day is bullish for me, but no one seem to care about that. Lightning Network becoming more secure and larger as a whole is bullish for me, but no one seem to care about that. ETF's aren't necessarily good news for Bitcoin, but people love it because the price increases and they add fuel to the fire. There is only one form of good news in this space, and that's an increasing price. Everything else doesn't matter....

I agree. And I think this bounce will soon end and then we will go to finish this Bitcoins cycle bear trend and find the bottom of it.  After that 2015 sideways will come that I will enjoy way more this time as I did in 2015, because I will be sure this time that after that finish the Bull trend will start.

I think no one can answer that question precisely unless he can see in future which no one can, i see positivity coming back to market so i assume that bulls will continue and the last part of this year will be super bullish.

Not really, this bounce was mostly fud driven, etf's and all that. February 6th bounce looked much stronger with 3x volume and we only bounced up to 12k before going down again and eventually reaching lower lows. I agree that short term  the bounce looks fairly strong but I'm not sure we are even going to reach 10k this time.

not nessasarily!
people were saying the exact say thing about the previous 2 drops too. basically they were saying that if we go back to $6k again then it will drop more and go to something like $3k and each time price went to $6k and started a strong rebound.
and this time this trend looks more like a strong reversal than just a small recovery.

We could be in mid 2015 or at not even beginning. If it will go to $6k again will go lower and that will be bottom. If that will happen it will happen really soon.

But I assume that you are still on a very good profit, just move further

I agree with what you're saying, right now it's too hard to be a day-trader but that just my opinion. Better to look into longer market swings

I think it looks like it will go on for couple more weeks at least. I wasn't sure when it first went up to 7k levels however now that its around 8k levels its more likely to stay around here for a while before it goes either back down to 6k levels once again or it will go up a lot more than this like 12k levels or so. I think we have broken that psychological levels of will bitcoin die or whatever people were thinking. We are not "will it go even more" levels of feeling in people.

In some point thats right,but remember that corrections will follow every good pump so expect something bad sooner as we are heading to $10,000

But regarding to OPs position that this is the start of bullrun i dont think so,theres a lot of road to take before bull finally come,if were looking in the market movements,it seems like just a normal pump and the bear is only hanging around the place

Things are going to be crazy for the next weeks but I think your diagnosis is wrong you are talking as if the bull market lasted for years but that is not true, the bull market began at the end of 2016 and only exploded until the final 3 months of 2017 everything before that was still part of the bear market caused by the Mt Gox crash.

3 years is certainly pushing it haha, heck in 3 years we'll probably be at the start of the next bear market after the next boom.

To be clear I'm not saying we're gonna have another exponential boom now, I'm saying right now we're at like where the market was mid-2015. The bottom has been hit several times for a good amount of time and the bears just can't bring it any lower, and now sentiment is shifting and people are starting to get excited again. It certainly could head back down for one more turn at the 6000s in the early Fall but we might also find ourselves at $10k by early Fall.

The last bear/bull market was extremely slow following the collapse of Mt.Gox and how long it took to get people back into the market after that. Heck I was one of them, sold all my 2013/2014 bitcoin in 2015 when I thought this whole Bitcoin thing was at the end of its productive run. Then last April I realized how stupid I was haha. The market and the whole crypto ecosystem has advanced so far beyond the last bear market when people just left thinking the whole thing was over. Bitcoin is still constantly in the news now, people who pay attention can easily be reminded of it and will start getting interested in it again when it starts growing again, which looks to possibly be starting now.

We've had 6+ months of down and in total it might be 18 months from the last ATH until it is broken. That's a pretty full on legit bear market, and I think a year of growth in the beginnings of a new bear market before we see $20k and things start heating up say late next year makes pretty good sense.

Anyway, even if we do get a downward draft again in the coming months, it's clear $6000 is the bottom and the start of the next bull run is getting closer and closer and will certainly have started by the end of this year, if it hasn't started already. 2019 is undeniably going to be a bull year and if it is a slow bull year then 2020 will probably see exponential growth like 2017, 2013, 2011.

It's impossible to point out at this stage. If the price keeps increasing it can be seen as a bull run, maybe not one like last year, but a bull run doesn't necessarily mean it has to pump the price to insanely high levels.

I don't think this is a bull trap. It's pretty clear that people are focusing on the ETF and even sell their altcoins as a result, which explains why they have been performing poorly.

Whatever it turns out to be, make sure that you don't stay in too long hoping for something with a low overall probability of happening. Technically the longer term downtrend is still thriving. $8200 is only a bump.

ETF confirmation give the bitcoin price tobe pump up now we can see a positive news for bitcoin it will continue to rise up in my prediction, just waiting to break a $10000 so we can see a mega bull run to reach its all time high, now the  investor are believing to bitcoin potential this is great.

It will not go crazy before ETFs confirm the truth, because everyone is waiting for this many others talking about ETF decisions then I think it would be nice to get a positive score, a small bull yield in a price that tends to rise Slowly but surely, I hope the market will rise in the future future, and allowing good decisions will make the market better.

Well this is not a "bullrun", this might be seen as a "bulltrap" or just a steady increase, just a normal and healthy increase like it happens to every market, do not confuse those things

I think that most of the investors believe that bitcoin price will continue increasing its value and will continue to becoming popular for a long time because still majority of people do not have any idea about bitcoin and it will therefor take a lot of time when bitcoin will become so much popular that all the people of the world start using bitcoin .

3 years is pushing it a bit, but I tend to agree. I'm still open to a situation like summer 2013, but conventional trading wisdom says "don't plan on it." More importantly, I'm seeing extremely bullish sentiment: Twitter, Tradingview, this forum, all these hedge fund managers and commentators predicting new ATH or 6-figure prices. And always "by the end of the year" too!

When everyone's long, the market usually drops.

I've taken half off my long, and rolling up stops. We should be hitting a supply zone:

Its very difficult or impossible to tell where a bull run will end.

Last year I assumed Bitcoin wouldn't top $10K and sold a bunch at like $9500 and it went to almost $20000.

Back in May, same situation, people assumed it would break $10K, and it would break $20K, and it went to like $9900 and went back down to a new yearly low.

You can use indicators but they are all lagging and you will get out way too late.

Best way is to just sell a little here and a little there whenever it goes up to a new daily high every few days.

I checked the charts and it's so close to reach $8,500 but it didn't went through it.

Yes, it's now the time if some are still waiting for their entry point. You should start making your own decision and starting your entries today before we'll hit highs again before August 10.

Holders will never stop holding and as for the traders, this is a good opportunity to buy and sell it after a couple of days when its all set and spiked.

This bull run of bitcoins is not going to stop anytime soon unless a negative news that will hit bitcoins very hard will caused FUD in the market which might end the bitcoin price increase.

Good point here. Especially with the volatility of bitcoin, it's hard to make any kind of judgement until more data has consolidated. It would be nice to see a big strong weekly candle up before calling a bull market.

But yes, the movement is quite large, the momentum is good, and there's a clear break of the downtrend and triangle that had been forming for several months. These factors are more comforting to me than any historical data because they are actually price action indicators. History is just history, and while it does follow patterns, it also likes to diverge greatly from those patterns as well.

As I research about the bitcoin price from the past few years we may see the bitcoin price goes big for some more days and when the month starts you have to see the another dump in the marketplace for the initial days of August.
From the last week of august to till january month we will find the bitcoin price grow more and it will reach to peak value again mate.

There is no reason to think that ''history will repeat itself'' and we will stay 3 years (random number) in  a bear market. You have to consider that bitcoin is extremely new and not new like when a stock starts trading but new new. Bitcoin 3 years ago is totally different than now, history repeating itself doesn't apply here, at all. The volume/money/investors/regulations/exchanges are radically different than 3-4 years ago.

I wouldn't call this a bull run, a bull run occurs when investors believe the positive trend will continue for the long term. I doubt investors believe the trend will continue for the long term considering we have been (and still are) in a bear market.

In the regular economy, sure, because nothing has changed there in the last few decades. It's as rubbish as it has always been with the same broken fundamentals making sure it won't ever do anything else. In the crypto space we progress much faster and we are constantly growing with new life changing uses and applications coming through. Eventually when we have swallowed so much growth there will be a time where this space will deflate, but just like what happened with the internet, we'll grow much stronger out of it. It will prove to be the best possible buying opportunity at that specific time. Don't underestimate crypto....

I dont think we reached bottom of this Bitcoin cycle yet and this bitcoin run should end close to 10th August. So more then two weeks. bitcoin can grow quite a bit until then.

I'd say a few weeks.  I am comparing to the last large up tick of the 2013/14 rally.  History does like to repeat it's self. IMO 3 year bear market incoming.

i still think this might be a small rise instead of being a big bull run like what he had constantly last year. after all this is just a 30% rise from the absolute bottom ($6000) if you take the higher level where the rise really began it is about 20% rise then.

for a big bang and breakout above $10k we need the ETF to be approved first. otherwise we may end up having the rise postponed which may not be such a bad thing either as it would make the rise stronger.

If anyone actually knew how long this bull run will be, they wouldn't be here on a forum telling us. They'd be off, getting rich.

Hope there will be a good news from SEC and this would ba a reason behind current spike. Bringing legislation to crypto in its countru is an another positive news on standardizing crypto moment in its country. So a good news can be heard soon. I am sire this spike will continue and we can see $9k crossing earlier next month. The noal track is back.

This bull run will only last up to the verdict by the SEC - approval or denial. So if the SEC approves it then we might see the bull run sustain it runs. FOMO will pump fresh money again but its really hard to say what will be the price or how long this bull run (if ever) will go. However, a reversal might be in the horizon when a denial is issued again by SEC.

I would not be so sure about that looking at how the market has behaved in the past days or months. Sure, we may have a good outlook on the charts so far, but this does not mean we are totally out of the bear trend yet. It is obvious we can still end up having some pretty pull back from resistance and could result to us going back lower. Like someone also said, this move looks exactly like the one we had in the last bounce upward. Final bottoming will be sure when we are pushing past the resistances above us like piece of cake which from where I stand is unlikely.

Maybe just don't look deeper into indicators right now. Wait few days or week to have a data including the recent price action due to huge spikes

A modest rise of $ 1,000 or 2,000 means that we will continue to rise forever, according to your words, ETF is a point that may lead the price to a mad high or vice versa.
So if you are smart, the best point to buy and reduce risk is after ETF's decision, either by buying or selling because then a real change will happen.
Although the recent rally is frantic, I do not expect it to last long, "we have exceeded $ 7,000 quickly."

Absolutely but we have no idea how long it will last. Because it's very unpredictable due to the volatility,  but it doesn't matter in my opinion because it's up to us as well how to handle it to avoid losses. Wherein for me doing hard technical analysis is the most important now.  

This is not just a normal spike, all of the indicators are positive including Divergence, MACD over EXP, CCI etc. The volume is just normal though. The indicators alone may drive the spike a bit more but I don't think it will last and it will stay below 10k. There have been quite a bit of positve news and Bitcoin has captured quite a bit of market cap recently to stand over 46% right now.

If this trend holds, we may see a nice spike towards the end of this year.

It seems likely that this recent third bottom of 2018 was the final bottoming out. Don't think price is gonna start going crazy or anything now, though it might go crazy until the ETF verdict, but generally I think we're right at the start of a new bull market.

The last bull market lasted about 2.5 years from mid-2015 to end of 2017. How long do you think this one will be?

I could see it lasting until late 2019 or maybe even late 2020 past the next halving. I think we'll see or get close to $100k on the peak of the next bull run in less than 30 months. I think institutional investors and traditional retail investors (like through ETFs) will drive this bull run, with of course another round of serious FOMO from the public eventually just like late last year.

Now is the time to get in if you're smart money, whether hodling or trading.