Topic: Is the Bull Charging or Just Warming Up Post-Halving? (Read 397 times)

When the bull is charging BTC will gain 10k in a day and people will go yes of course and carry on, it wont be as big a deal as really it should be.    The hype phase to BTC movements will be distorting to what is really correct long term thats how you know it wont last really, at the time it will be both too easy to jump the gun and sell earlier then is most profitable but also people will get over confident.

Its a knife edge, hard to be correct in such times of course I hope not to sell too early but last bull market I think I did.  2016 I definitely sold too early though I called it very much alive and kicking ready for a rise in early in 2017 but I never sold at the best price that year as it was chaos and hard to transact as I remember there's always details to why its so volatile.

Lol, how can you say that it's a disappointment? it's a new all time high for us and still up to this time, we maintain the $70k'ish level and so there is a big chance that this bull run will be huge based on the volumes and the sentiments of the investors as they pour their money before the actual halving and bulls pushing the price to a new all time high.

And post halving, the demand is going to be large as supply is dwindling and everyone wanted to have Bitcoin in their wallet, not just a few sats but big amount so that they can make a lot of money in 2025 when prices hits at least six digits.

Not really a disappointment because we cant really be having a market which is really that going up forever on which it would really be just that normal that there would really be price corrections on which this is really just that normal and this is something part of a market because there's no such thing that it would really be that keeping going up into its price and this is something that will really be just that normal. For you that have been dealing up with this unpredictable space then it would really be just that a common approach that you should really be that making those kind of adjustments whenever you do see those exit points,
unless if you are someone who do tends to hold for long term then this wont really be an issue.

Bull charging or warming up? No one really knows because each one of us would really be that speculators of this market on where we cant really be able to know on where it would really be that going.
If you are someone whose really that into that kind of assumptions then it would be better that you should really be having those kind of analysis backing it up.
You cant just blindly make out some moves without having those analysis.

The price drop in a few days after Bitcoin reached a new ATH this March by crossing the $70K price level is not a disappointment for most people. Because this is still being used well by many people to continue buying Bitcoin before the next increase occurs again in Bitcoin and now we can all also see that the demand is still quite large so it could be quite possible for Bitcoin to continue to experience an increase in price before the halving. I believe that currently there are not many people who are disappointed with Bitcoin except only those who did not dare to make the decision in the past to buy Bitcoin.

Before the bull run, Bitcoin price is down. As we saw earlier in 2021.  We saw it again in 2024. At the beginning of 2024, the price of Bitcoin was at $40k and it gradually increased until around March, the new ATH of Bitcoin reached $70k. The bull run that started a few days before the halving clearly shows that the value of the halving will be halved and then the price of Bitcoin will reach its peak.I think the bull run has already started and it is still going strong. After the new ATH hit $70k the market dumped a bit in the days leading up to some disappointment, but those in the know about the cryptocurrency knew the price would pump up again. Finally within just a few days the price of Bitcoin has pumped again. It will be seen in the future that the value of Bitcoin will increase further.

Crypto market can change at anytime for some hodlers to regret why they didn't supply their coins when the market was in the good position for them to take profits, but sometimes it can happen to some experts prediction for them to feel they are experts in the prediction until they miss another prediction before they will realize that they are not perfect in crypto prediction.

 The bull run is no longer moving slowly the way it was last month, if you can look at the current price of BTC in the market now, you will no that the bull run is heading to $70k before people will begin to see bear market to buy and hodl again for another bull run to come.

Crypto is a volatile and unpredictable market, even though some analysis looks accurate, in reality it is still quite far away.
We have entered a bull run market and this is happening slowly. But the crypto market is not easy to predict, there will be several scenarios that might occur beyond our predictions. Just need to be prepared for anything that could happen.

A review of the Bitcoin price over the last 30 days must give an appreciation of the current market conditions. All major currencies, including Bitcoin, have seen major fluctuations. Even if the bull market has not started, we are very close, maybe after the start of the halving time, the bitcoin bull market will also start. Bitcoin halving and Bitcoin ETF will be stronger than ever before. Those who have previous experience of past bull markets can identify current conditions as a sign of a pre-bull market. According to some predictors, the current market has risen slightly, but the bull run has not yet begun, which will have to wait for some time to happen. Moreover, there is no advance idea of when the market will start that bull run, but only a few days of halving are left, depending on which we can make a close prediction.

This is a warm up phase, its bullish but not fully gaining due to much volume in this area.   We've spent the last 12 days above 50k, above the 61% Fibonnaci retrace level its very positive and healthy right now but its not moving as fast it could do after reaching a clear space most obviously past the last ATH.

Best guide might be the 50 day average, if we look at that for its direction and momentum.  We have had some decline at Jan end due to the long time sideways from start December it started to tail off.    There was the delay of ETF news and that appearance and actual action taken as they come in to formation actively buying and selling is new activity and volume on the market.   So long as we dont lose our advantage above the 50 day MA then I remain positive even in a pullback, I dont think we go straight up this year and I find this to be a positive over tripping over so much debris from the last fast gains  in this area all the way to the ATH.

There are these what ifs but the thing is, history keeps repeating itself.  Once it enters a cycle or loop, it would be difficult for it to get out of that loop, and we see it happens in the past halving events of Bitcoin. 



If you are talking about the current ETF approval, I do not think that it will instantly change the cycle/pattern of the Bitcoin market.  It will take some time at least before we can see huge changes in the Bitcoin market pattern.

After my research I was thinking, what if things want to be different this time and it doesn't followed the usual pattern that the market has been known for, I know it's not likely to happen this way but I was just thinking about it. More mature Investors are entering the market therefore we should be expecting something to be different than before. In the past the market was more of regular investors just discovering investment for the first like myself but we're getting those that have being investing for a very long time now becoming main players in the market therefore things can be different a little bit. Unless they won't have immediate impact on the market that's when the market can continue in it's known route that'll make what's happening to be warming up post halving run.

The movements aren't completely convincing because we are not in the middle of the bull run yet. What we are experiencing right now is just a part of the recovery process that we see every year before the halving event and then the bull run. We are about a month behind the halving event which is to occur in April, if this movement continues without much of a correction, we might see the price going around $60k or maybe above by the end of the year, it may even go around the previous all-time high.

The beginning of next year will most probably mark the beginning of a new all-time high and a new bull run. A lot of people are optimistic that we will see a new all-time high this year, it might be true but I don't feel like it.

That is definitely true, the whales getting ready for the big increase definitely allowed the liquidity to be minimal and that resulted with the market being more inclined to go up as well. Not a lot of people realize this but when the liquidity is low, that means that the market movements could be more volatile, of course that could also mean that if a lot of people sold then the price would crash harder but right now we are in a good period and I feel like we will move upwards.

Of course we could have short  term drops here and there, which is fine and that won't be a big deal but I think the trouble right now is that we are not seeing big whales leaving anytime soon. So the result will be most likely that we will continue upwards.

It is the later that can lead to the former

That's what all the previous bubble cycles have been like. First the upward momentum begins and it is small at the beginning, like a "warmup". Slowly but surely it grows and when it breaks certain resistances (eg. $40k) the momentum becomes stronger. When it sets a new ATH and breaks bigger resistances (eg. $70k) it turns into a much bigger momentum leading to bigger rises.
Finally at the very end, we see a massive rise in a short time like going 2x in less than a month in 2017 (from ~$9k to $20k) which is where the bubble is formed (ie $500k this time IMO).

The rise in Bitcoin's market capitalization is already impressive. This happened mainly due to the approval of the ETF. Also, accumulation by whales increased in preparation for the big event as the halving approached. This large liquidity flow led to the revival of the market.

I expect that we have just started Bull Run, but there is still a long way to go to achieve the ATH, which I expect will be approximately several months after the halving at the end of this year. During this period, we will witness many corrections and there will be very large movements and violent fluctuations.

The price movements aren't convincing yet. Normally, when a real bull run comes, the price of bitcoin could go up significantly, and the whole market is affected. What we are seeing now is just a steady price increase. Although it has already increased significantly, nothing has been a crazy pump yet, and that's my personal reference for considering that we are already in the bull market.

If there will be a correction that comes, I wouldn't panic as I'm confident that a bull run will happen this year. Maybe take it as an opportunity to accumulate cheap bitcoin that we can sell for a profit in a short time.

if we look at the big picture, choose 1 year (https://coinmarketcap.com/currencies/bitcoin/).. we can already see that bitcoin has increase 100% over that span of time.

From my past bull run experience I can say that we are just warming up as there may be some correction as well before we go fully into bull run and the bull run won't be this gradual as we will see bitcoin pumping up real quick and all the other altcoins will follow the trend but we can make use of this rally which we have seen since past 3 months but cannot consider it as bull run. It would be even bigger this time as the market is more mature and we have more investors as well.

I'm really hoping the bull run has begun and Bitcoin won't experience any dip in price again before the halving. I'm also skeptical about all this. I have Bitcoin I want to sell out at a set price because I want to do something with it, if the price dips and the time comes to sell, I won't make much profit.
Although I don't believe Bitcoin price will go lower than $50k before the halving, I believe it would just be around $50k to $52k, but I hope it goes way higher than than soon.

Currently, Bitcoin market cap is just around the $1 trillion mark so by your assessment, there's still a need to be skeptical. Lol.

The cycle is what we learned before where the real peak after halving must wait until 18 months then ATH can be higher, this is obviously the hope of many investors so we need to wait a long time to see it.

It is not recommended to sell in the middle of the road especially even though this will be more with the peak price, use emergency funds because preparation is very necessary when they invest in bitcoin, because when the need is urgent bitcoin cannot be sure when it will rise.

I believe the bull is just warming up, we are not seeing an unsustainable, parabolic surge yet. Traditionally we are not in the peak zone of pumping for 12-18 months post halving. So sit back, be patient & enjoy watcjing the price go up. Unless you specifically need funds right now, you should wait a bit before selling anything.

The ½ ing.  Right now 52k is pretty good for most people even miners.

But in 40-50 days the ½ ing effectively drops the price of btc down to 26k if you are mining.

⛏️  So we are not a real bull run.

A more clear example of miners issues  is the  earnings per th.

I was making 13 cents a th in Dec.
I am making 8 cents a th in Feb

So not a bull run for me as a miner.

Although as a hodl of btc I am up from 38k to 52k a corn 🌽

So if you do dca and hodl and began doing that in oct 2022 you are all smiles.

but if you mine you are thinking fuck 13 cents to 8 cents and in april maybe 4 cents a th.

I am lucky all my gear is paid and I can simply turn off my gear come the 1/2ing.

This dynamic is huge as there are over 580 eh in gear online

that is:

580 eh
580,000 ph
580,000,000 th. which is

580,000,000/200= 2,900,000 s21s  or 5,800,000 s19s

$8,700,000,000 in gear and maybe 1,300,000,000 in infrastructure.

$10,000,000,000 on the line and about to get kicked hard by the ½ ing

and now that fees are under 0.5 btc blocks were 9.5 coins in dec now 6.5 coins and soon 3.75 coins

so it is not bull for mining it is fear right now.

Yes, this do only talks about price upward movement but we shouldn't really be forgetting about the price dumps too. We do have that pre-halving dump and we do have that post halving dump before things
would really be starting to climb up. We've seen on how prices did make out that gradual increase from that $15k bottom on which tons of people had really been that expecting that it could still reach 10k below
but it didnt happen. From there on, then bear market starts to getting better as we do go ahead on whats the current price now. No one had anticipated for the price to be like this since we arent that still on halving event
which the price is already playing around 50k and possibly be able to hit up 60k if the price momentum would really be that continuing then its possible we do able to get near ATH but since April is fast approaching
then i do still highly doubt this probability.

Yeah, we are just warming up, we haven't even seen anything decent yet. People think that because we went up more than 3x from the bottom, they think it's over. Let me put it this way, in 2018 we have reached as low as 3k, but by late 2020 (halving year) it was already 20k and more. That shows from bottom to after halving it became 7x, I am not saying we are going to be 7x again, but that would be around 100k, and finishing this year with around 100k wouldn't really be a shock to me.

So, believe me when I say this, not only it will go up a lot, but it will also go up even more during 2025 as well. So, we have some more price increases left in this month, and then we are going to end up with even bigger highs later on as well, so we are still not too late.

Lets gibe Bitcoin some time to show more potential. This is just the beginner of the bull run. Funny enough the bull run is not officially started. So let us reserve our analysis, controversial statement and wait to see what bitcoin will do soon. Starting from the second quarter of the year. Obviously it wont pass this year we will see another all time high.

I may answer yes or no .

Yes because we are seeing green in market for months now , and may answer NO because nothing is certain specially when Halving is near to come.

I know am not an OG so will not be a complete knowledge but As what I believe and have seen for years now? this is not going to High bull before 1 year of halving comes.

Everybody can contribute based on their opinion and not only the OGs therefore here's what I think is happening. I haven't experienced any bull market for me to be speaking from my experience but I have done research on matters like this and other similar matters and I what's happening is just warning up for the halving and not the bull market. There's going to be more rise in Bitcoin price because when the halving date gets closer more fear of missing out of buying Bitcoin before the price starts to pump will make those that haven't bought Bitcoin to start buying. The whole marketcap of cryptocurrency will exceed previous market cap with a larger amount because Bitcoin has gotten more publicity and more investors will be buying Bitcoin.

What is happening now is that the price has exceeded $52,000 and that is a sign that bullishness has arrived and will soon touch the final ATH above $60,000. I am of course still optimistic that the price of bitcoin will continue to strengthen as long as positive news persists and demand increases. people are buying and preparing for the upcoming halving. Buy and hold now is a pretty good opportunity, but consider the risks when a correction occurs.

Better be ready for what will come mate .


This can be a Bull continuing or this is another traps , there are lots of sell orders waiting and if you are not careful then you will be trapped and will need to wait till the halving effect in which will take place next year.

But if the price breaks 60k then this is indeed the bull charge that has been chargi since the approval of ETF.

You might have written something right ignorantly which many supposed professional traders here might not even know because someone has tackled me before about it but couldn't furnish me with his own strategy which makes it funny. If you may know, it is the remark that the breach of the current all-time high will be the indication for the overall continuation of the bullish trend in Bitcoin. As simple as this is, it is powerful to denote the overall trend continuation in the market and it is valid for all assets/markets. This is not about the way many are saying it but about how the market principles and dynamics work even as simple as it is.

And yes, the bull run has begun in my opinion because it can't be a mistake for the market to move from about $15,500 to about $53,000. That's huge. The ETF saga made it start earlier than expected, but I hope this will not negatively affect the main expected bullishness during the post-halving period that people are more anticipating. If enough people have already committed their money to Bitcoin right before the bull-run period, there might be a little remaining to commit their money when the time eventually comes.

I am just saying, nothing is rigid here, but as far as the technical analysis of Bitcoin is concerned, I support the bullish trend of the market in both the short and long-term dispositions.

Have you suddenly forgotten the approval of ETF?
Btw we aren't currently in bull run yet when to believe we are in bull is to have the previous price touched after which we gained another All Time High before believing we are in bull season.
So, for me i think it's only trying to get back it feet from the bear of last season.

Pre halving preparations you mean as the halving hasn't happened yet... And I think we are not yet there imo, what we experiencing is post Spot ETF approval effects and it's unfortunate that we had to experience a dip before the upward movement which might have been a manipulation move for these guys to get some cheap coins from weak hands.
Otherwise with so much pressure from demand, price couldn't be kept low and it will for sure keep soaring...and could be said that the bull is charging.

The approaching halving is only one of the reasons for the current price surge in Bitcoin. But in general, this is only a warm-up, since, based on practice, real bullish market growth is expected only within a year after the halving itself. In the meantime, the price of Bitcoin will rise as positive news appears, but then a correction will occur. Since the price of Bitcoin has risen significantly recently, I expect a correction to occur in the near future. Bitcoin has already stopped its growth and fell below $52,000. Let's see what will happen next.

In the past after the halving is usually when we got a big bull market. However keep in mind that it doesn’t mean this time the same thing will happen.

Look at the etf approvals. Many were expecting the top to form. Because when BTC futures, coinbase and BTC futures etfs launched, it marked the top, this time we assumed it would be the same sell the news event but we already engulfed the prior yearly high and are going higher and higher. So history doesn’t always need to repeat itself.

What I think about the market at the moment is that you should accumulate all the bitcoin you need, you don't have to think about whether it will go down or up, no, you have to buy, you have to accumulate as much as possible, possibly This 2025 should be the reach of a new ATH, but it is not certain, the halbving will only be an effect that will raise the price, of course if it will rise, I don't know how much it can rise, it may be that it reaches $69 again k and make good progress and stay there, for me in 2025 it will be an explosive year, it will possibly be bitcoin and thinking that bitcoin lasts less than 1 year, well you have to start to see how much you are going to buy, that is the best uq can be done.

If we mark these things as possible, it is a fact, it will happen, but you have to have a lot of conviction, we cannot convince those who do not believe, until they believe that now is the time to buy, because at some point the changes will happen. who are insecure because they will understand things well.

It's already the uptrend and we can already call it a bull trend if you are going to compare the price a year ago.
The market is getting better, and with the up coming Bitcoin update, this can also be a good preparation for halving though many are anticipating Bitcoin to have a price correction after halving, which I think is normal since many will sell the news. If you are uncertain about the market trend, better to play long and wait for the peak because its about to happen, we are just waiting for the right timing this year.

Most likely it was the institutional money that is going into the market right now that's why the price suddenly goes off another. I think it's not just the bulls is warming up, it's the whole herd are gathering for a massive run starting this month and it might continue up to the end of the year. And I do agree that there's no need to FOMO, specially for old investors, we already knows what is coming our way. Even if we are in a bull run already, we can still buy and accumulate and then HOLD. As I have said, this run can take years so there's a lot of time for us to make money in the future. If I would be advising, then it's better to sell gradually once we reach 6 digits this year.

This is due to the approaching Halving which will soon occur in a few months. The surge in Bitcoin market capitalization is a sign that many new and old investors are starting to re-enter to take advantage of the halving moment and they are starting to hold until it reaches a new ATH. Bitcoin is close to the last ATH ever surpassed, and Bitcoin will make history again for a new ATH that may occur after the Halving. No need to be too FOMO, just hold on and buy gradually, if the target price is reached then sell to take profit.

With the current market, I believe there are still some fluctuations that make it say that we are already in the bull run but have $52k and just somehow staying there, it has shown that $1.02 trillion is already significant. We know that there are still factors that make the market still rocky because of the implications and regulations of other countries. I believe that it's still volatile and you need to believe that it can just be a warm up but still be ready with the market.

ALT and BTC price has never moved in the same pace but yeah we expect some sort of price action from alt but seems not to be happening which could make this pump a bull trap. But from another perspective; the like of solana, metis, ADA, ETH and few others have also performed.

Let's see how it will all play out.

There is always a correction every market burst of price, for a few weeks maybe stays sideways until bursting again to the next higher highs.

Yes, I would agree that warming up post-halving and could even be more sell-off after halving. The market is still unpredictable, the last time ETF was approved the market also made a downtrend making investors puzzled. It could be manipulated as well. Institutions planning to crash the market the day after halving since they already profit right now. But in a few days also the price will be back up again.

I think several factors are currently coming together that are causing the Bitcoin price to rise. On the one hand, the spot ETFs that are allowing a lot of boomer money to flow into the Bitcoin market, then the upcoming halving and finally the hope that key interest rates will soon be lowered again, which means nothing other than that the money printing press will be started up again.

There are plenty of catalysts for the increase in fiat price: inflation, ETF approval, upcoming halving etc.  If this halving is like previous ones, there could be a drop in the short time after it, as people unload what they purchased in anticipation (buy the rumor, sell the news) followed by an increase upwards. 

This time could be different though because from what I've read many miners have sold a lot of "inventory" already due to the ETF approvals.  Plus with US ETFs (among many things) fueling demand there may be enough demand that with the decreased supply there isn't an opportunity to drop.

I think the answer is: no one knows, but we'll all guess lol

Halving hasn't even hit yet. I mean you can define the "bull run" however you want as long as the price is moving up, but generally I don't consider it to be the main part of the bull run until price has passed the old ATH and is shooting up hard.

For example in 2017 Bitcoin passed the ~$1150 old ATH sometime early in the year I believe, but it wasn't until end of April that it suddenly started shooting up from $1300 to $2000 by early May, that is what I consider the bull run starting that cycle. In 2020 price shot up from like $11k/$12 or something like that in to $17k/$18k or so in November-ish, but then stayed under the ATH for a while and then in December finally shot passed the old ATH of $20k and by Jan 1st it hit $30k for the first time, so the main part of the bull run starting in Dec 2020 for that cycle.

So whenever the price passes $69k and quickly shoots beyond that, I'd consider that the start of the main part of the bull run. But really you can define the bull run as any time the price is moving up. Hell you could say the bull run started last January when Bitcoin started shooting above $16k if you really want to.

But also, since the halving hasn't even hit yet, and the cut in mining rewards will add supply pressure to the market, I'd say we at least have to wait for that event to consider it the real bull run. So basically, after the halving, once the price hits $70k, I'll think of it as the bull run.

Most probably warming up due to new updates in bitcoin community. No one can say it's a bull yet until it goes over 55k.

Warming up. I see the slow increase as a gradual effect due to the Bitcoin ETF, possibly a few more other factors but majorly that. It's also possible that said ETF slowly increased the confidence for Bitcoin growth hence why the gradual increase in price that we saw from 40 to 50k. Honestly, I expected the price to halt at 50k, maybe drop down to 40 again for a few days but it's still been a pretty steady increase. If we do go directly to 60k though then I might just change my words from warming up to instant bull.

It is a temporary rise due to Bitcoin ETF as we all were speculating earlier. It took some time to reflect in the market and now it has that is why the price of Bitcoin went above $52k and is still holding. I am expecting another spike in the price which we should see in the month of March and then we will see the halving effect in the price. This is nothing compared to what will happen post halving as this might be the year when Bitcoin will go above its old ATH. I am sure that we should more such price spikes as the demand for Bitcoin has been increasing through the ETFs. If Hong Kong's central bank approves Bitcoin spot ETH then there would be a flow of Chinese money which will again help the Bitcoin price to up.

Based on what I am feeling - am not an expert that is why I am not claiming anything - we are witnessing the start of the climb of Bitcoin towards a new ATH using at least two leverages: the ETFs approval behind it and the scheduled halving happening soon. Of course, this all depends on the sentiment of the market and I think that so far it is quite good...we are all excited and am sure there will be more developments coming to Bitcoin that can certainly make it a very powerful force in 2024 and into 2025 as well. Now, this might not come true if there will be a major negative new thing to transpire so let's wish nothing can interfere with this trajectory not just of Bitcoin but also of alts as well.

It's a warm up and we're going to see the surge after the halving. We saw the pump now because of the ETF effect and this could just be the start of the bull run or we have actually started already.

That's what we are all expecting to happen, to see a massive pump after the halving but it won't be the same as what we can see or I might be wrong with that and it can be the same motion as what we're seeing now.

It could be a different move this time and we can see early significance going to the top or ATH. With that, just keep in mind that anything is possible as we're all speculating.

From all indications, the bull market has started because the price of bitcoin has started to make the good move we are expecting in respect to Bitcoin halving coming up soon, but I think there will be another bear market in form of correction before the main bull run.

But my surprise is that, why is only Bitcoin pumping so high and leaving altcoin behind?

I think if bull run comes, both Bitcoin and altcoins are supposed to move together?

Or am I missing something?

There has been definitely signs of bull run and it is always so exciting to see everything coming in place. We already had good regulation change in etf approval, altcoins are performing well and newer altcoins are popping out every day, there was even a correction phase of where the price goes down and now the market capitalization is starting to rise

All these things mentioned are well signs of a bull run however the big question is “is this already the bull run?”. I do not think so. We are leading up to it, yes, but I do not think we are in it already. Remember there is still the upcoming halving event and that is expected to drive the price of bitcoin even further.

You will notice the decrease of availability for bitcoin as most would opt to hodl instead of trading it. You can still acquire bitcoin now and see some profit. If you see bitcoin rising further down the line and experience FOMO, you might not create some smart decisions.

Bitcoin market was warmed up and rose up a lot with news about potential approval for Bitcoin Spot ETF applications. After approvals, price was corrected and took about three weeks to soar again. It soars again because people see massive new capital from Bitcoin Spot ETFs and they speculate price will rise more.

I bet so too.

Because whales must clean up the market before a big bull run. If price simply rises more and more, non stop, it will be more expensive for whales to accumulate Bitcoin. It also results in more selling pressure that is harmful for their manipulation and profit taking price area and distribution phase.

I bet on a big correction before a halving but I believe in a bright future for Bitcoin, not only in this bull run but also more years in future.

I think it is warming up for Halving.  Or this could even be a temporary rise caused by the ETF approval.

My current take is this.  Bitcoin will not surpass All Time High before Halving.  I do expect some sort of repetition of what happened every Halving in the past.  Every body is expecting history to repeat so they will take action based on that and influence the repeat to happen again.

The sudden rise in the market price is another reason on it own to make us experience a higher market cap right before the halving as the circulations going in the internet suggest that we might have been into the bullrun partly right before the halving, so investors will not want to afford in missing out any opportunity for them to experience the bullrun either before or after the halving, this also tells more that even after the halving, we should expect more higher value on the market capitalization for bitcoin, this is my own opinion.

In the last bullish surge, BTC's market cap soared to an impressive $1.2 trillion, boasting a daily trading volume fluctuating between $25-36 billion. Fast forward to today, the current market cap has breached the 1 trillion-dollar mark, leaving us in suspense—has the bull run truly begun? Skepticism lingers as the market cap needs to surpass previous records to confidently signal the bull's return.

While my analysis might be a bit of a shot in the dark, I'm eager to hear from the seasoned OGs for their insights on this intriguing crypto saga. 🚀 What's your take on the current state of the market?