Topic: Is Bitcoin’s bull run coming to an end? - page 3. (Read 875 times)

I understand that it’s just speculation but I don’t think it’ll come that low for now. After going to $61k we can see it going up because we have balance on that $60k. It may even be possible to not go below $40k anymore, but I’ll leave that to volatility because anything is possible (just like when we saw it at $18k… falling all the way from the top.

I can't blame you, they said never pointed out on what you cannot afford, and that's what most people do not understand: that when it comes to time to invest, they will go and invest with the amount of money that they cannot afford to lose, which is why some people are easily lost in any investment they try to make. Like all this while that the Bitcoin is flotrating, dump and pump immediately. If you see that you can't afford it, just calm down, think wisely before making any decisions for yourself, and you won't make the wrong decisions. Because I observed one thing with some that are rushing to buy Bitcoin now, it's just because they had the bull run knocking on our door. That's why their rush to buy without allowing the price of Bitcoin to drop.

Am sure if our dear OP has taken out time to research on the previous halving events that happened, he would get to understand how the market seasons gear up after such an even has taken place.
We saw the hype and rave of the ETF approval that was months before this current halving, and it is expected that big investors will soon demand their share of their ETF, seeing the halving is over, while BTC remains notable and a regulated means of payment.

The bull run will happen but it may take up to three months and am sure the ATH of $73k would again be surpassed.

If you are expecting a bullrun - then you should wait patiently. The price of bitcoin will not rise quickly after a day or two after the halving - but the market needs to process and it may take a lot of time for demand to increase. Big investors have of course warned of a rise - quite a lot have placed sell orders at the desired price, so you should expect high demand and buy all the walls in front of them.

I can wait more than 12 months to get the best price for bitcoin to sell - but now, I only occasionally check the market when want to accumulate. Price is still around $66K - this is still affordable to buy or accumulate.

I do agree that bigger crazy price increases may get smaller, doesn't mean it won't be huge compared to stock market I think it still will be huge compared to stock market but I do agree that it is not going to be as big as it used to be.

However, we also need to remember that we have more than doubled just this year, and that's this year alone, we are not even calling this year the bull run, we are calling what happens after the halving the bull run, so that means we are going to maybe double once more, meaning about 140k or so. Thinking about that, I agree that it is not as big as it used to be, but saying that it will be more like stock market would be unfair for now, we can say less than it used to be, but it will eventually be like stock market moves too in the future.

The only thing we can do is be bullish and hope together that history will repeat itself again and there will be a crazy bull season ahead. But don't be too subjective that it will definitely happen, and forget to mentally prepare for the opposite scenario.

Today I read some opinions that the cryptocurrency market is gradually becoming more like the stock market. What they mean is that there will no longer be crazy price increases across the entire market, but instead there will be individual price increases trend by trend. They believe that this is happening because the market now has the participation of large organizations and investment funds since the ETF was approved. What do you think about this?

Maybe you don’t really have much knowledge about bitcoin yet, because if you are knowledgeable about bitcoin, then you should know that it’s not necessary you buy 1 bitcoin, you can just buy bitcoin with any amount of money which you are having with you, if you are waiting till you can buy 1 bitcoin, then I will say you are not really ready to invest in bitcoin. Also I will tell you bitcoin bull run haven’t started yet, if you are having any amount you won’t be using for now, then you can invest ahead of bull run, when the bull run start you are also going to know, you don’t have to ask anyone.

Sit back and relax. Did you expect things to go up in an instant? Well, that's not how this industry works. Indeed expectations are because of the halving but using it as a reference should as well consider what actually happened on the previous occurence of this event. Pumps took place months after the halving which I guess making sense to just wait for now given that a few days has just gone by after the halving. You won't win anything if you would be impatient of crypto market prices.

Problem with lack of certainty, I agree. However, past is there to guide us in the future. I think Bullrun is yet to start. Plan is to just wait and if you will have an opportunity to invest more, if ever a crash will happen, then I'd say it would be an advantage doing so. However, this will depend on your risk appetite and on my end, this is what I plan to do. We know how huge the potential is for this technology and its adoption still is on progress which is something to look forward with. Declines in market prices are normal since volatility is in nature of this industry. Stay calm and be observant.

You shouldn't be triggered with all this type volatility, for every action you should expect an opposite reaction. If people can make Bitcoin price to do 10% in just a day, I think 3-4% is nothing bad for correction and I think we haven't had correction yet maybe because their is still much push from whales that doesn't want the price to dump but I still believe there is a hard dump than what you complaining about now, so prepared to sit tight and get some money down to buy at low price.

You should also be careful the level where you buy Bitcoin, I still believe that this current market is manipulated so that we don't experience the correction but it's obvious it's going to happen for sure and I also don't think that bull run will start immediately until maybe after the end of 2024 and early 2025 if any catastrophe news doesn't happen by then.

This is certainly appropriate to think about now and understand from now on by all investors or people who want to become investors in Bitcoin before the next price level occurs in Bitcoin. Because from what you said, it actually makes sense for many people to understand that Bitcoin can still increase as long as there is more demand in the market. And now this also still exists in Bitcoin so it does not rule out the possibility of a faster bullrun this year because we have passed the halving yesterday.

No, as long as Bitcoin is still circulating in circulation, there will always be a Bull Run in the future. Demand is still a sentiment that triggers a surge in Bitcoin prices, one strong indication that the Bitcoin price increase is due to increased demand. Increased confidence and interest in Bitcoin triggers a bull run. Technically, reduced supply and increased strong demand for Bitcoin can encourage a bull run or even bring Bitcoin to a higher level. My estimate is that after the Halving occurs there will be mass adoption from Retail and Institutional Investors which can help accelerate the Bull Run, the reason is because Bitcoin has limited supply, so an increase in demand will certainly help increase its price.

The market has become increasingly unpredictable since the Bitcoin ETF was approved and frankly, none of us know what will happen next. Bull season may not have arrived or has actually ended, all possibilities are possible. But it's just that we're expecting a big bull season like before, so most believe it hasn't really come yet. Personally, I also think that the bull season has not yet come, let alone it has ended.
And my question is if it doesn't come or is over then what do we do next, does anyone have a plan for this scenario?

The price increase is not over yet and we will see the highest point and if you can hold or save it will be much better for the asset held. I see positive rates for both increases and decreases because every moment that exists in the market for bitcoin is an option that we must take advantage of. Invest responsibly and you will be much more able to control it and vice versa, don't force something that you are unable to carry out. Person look for a safe point even though there are risks, but we have to prepare, not wait.

You don't need to buy in large quantities when you don't have the ability and when you have a small budget, do the strategy pattern that many people do. Investing in bitcoin is simple because you can buy in whatever amount you can afford and we should not force investment beyond our ability to be responsible.

We don't know the real situation yet until bitcoin reach at $50k since maybe for that figures we can agree that bitcoin pre-halving pump is already end then we might see that the price is slowly to go down and we need to think any further possible action so that we can still feel great and no doubts will come up to us especially if we are start to experience those what we called bear season.

Right now it seems bitcoin still fighting and there's still a lot of potential for bitcoin to grow so its better for people to hold their emotion and better start to be more observant on the technical aspect of bitcoin so that no possible huge losses will occur to them especially if they are not for long term and they aim for short term gains with this halving season by this year. I do hope we can see more bullish situation since it will be great to see if bitcoin would cross to $80k.

If you are looking at the graph in terms of minutes, hours, days, etc., the difference in bitcoin's volatility is clear. But I think a lot of people here are feeling happy that it's not going up too fast, just thinking about the positive chance that we can buy them when the price drops. Internal and external issues are affecting prices, and feel free to discuss them because if you look back 1 year ago, 2 years ago,... you will see that that journey has had a lot of changes fluctuations and we are currently in the price increase phase. The adjustment is only short-term but it is enough to make many people confused because they are not familiar with it.

At the time we are currently in the market, this is usually the time when the market is relatively low because this is the Bitcoin halving time. During this market period, the price of Bitcoin usually drops to half of its current value, and a large number of investors sell Bitcoin during this period. One of the reasons why bitcoin prices dump more during the halving period is because people panic during this time and in panic they only sell rather than buy which causes the price to only go down. This season the market is not going down as much as other seasons. This season it seems that the market is somewhat pumping and dumping ie the market is still normal even though the halving period has already passed. Since the market has been positive so far, it is expected that Bitcoin will not halve this season.

Well halving is done now and it’s starting to dip a little but not too much that people who are waiting for cheap prices are able to accumulate already. The pre-halving pump seems to have passed already when it has reached up to 70k usd as from what I remember.

Now we will definitely see bitcoin pulling back a bit before it goes up and the bull run starts

Its not due to come to an end just yet, this is profit taking which quite ironically is healthy during the development of a longer term price.  The BTC price longer term looks good to remain positive even beyond these grand gains that have occurred YTD in 2024.

Even medium and shorter term I wouldn't say BTC is actually negative in the way that its capable of falling.  If we can rise 10% in a day and it is possible then on balance you have to include that as possible on the downside also, if anything the sell offs can be more harsh or feel that way to many.   All we did recently in sum total or an averaged view was go more sideways then prior, it lost it gained, we repeated and recycled the prices for many weeks now.

3.78% is going to make a few people chuckle, that can happen in an hour for a day its only really counting included within the other prices of at least a couple weeks I think.   Just recently its threatened to develop a negative trend but coming into end of this week we are rising again.  Hence you just have to say its got people in a spin, as we cycle back and forth neither bulls or bears are getting especially what they wanted.

I count prices traded at this high level as volume strengthening, later on we can launch from this point of strength so be glad really is my conclusion.

Really? Expected by who? A pre-halving bull run was expected to happen initially, now it didn't happen, it finally becomes a post-halving pump? That's what we need to understand? For me it's just a narrative in order to attract newcomers and to create some FOMO from investors but it's not a real expected financial phenomenon actually. And it is not likely to happen this time IMO. It doesn't mean there won't be any significant bull run till the end of the year but it won't be related to it.

OP I don't think you understand what bull run means because basically we just entered the halving event and a slight dip is expected before the pumping (bull) will begin so if you think you can't afford to buy Bitcoin now then you may actually not be able to buy again till after the bull run so since the bull run is not yet come, it is an opportunity to still buy at any price except you are aiming a short term profit.