Topic: Is the bull run begun ? - page 5. (Read 1039 times)

Lol, but true, perhaps those asking haven't experienced their first bull run or at least the effect of a block halving. Just like the news of the ETF, the news have been sold already isn't it, the price has pushed to almost $49k and then people celebrating and calling that we are now in the bull run.

Now when I check the price, it's $43k? What gives?

Maybe there are some manipulation from behind by the same people who wanted to have a Bitcoin ETF and so it's obvious that they can make a lot of money from those newbies who are too emotion in the beginning.

The spot bitcoin ETF news has made the market to behave in an abnormal way for quite sometime now even before the approval of it. This will be a big manipulator in the market. They couldn’t beat the market so they had to join the market and play along. Bitcoin ETF should affect the market before the halving since it has been approved now but with many signs, it isn’t going as planned or as people expected. For now, I won’t say this is a full scale bull run because only the spot bitcoin ETF can trigger the market to go on a full bull run. The real bull run is yet to come but before then let’s enjoy the moments of this high volatility the market is experiencing.

All I can say is oh dear, newbies in their first bull run are questioning whether this is the start of the bull-run, seemingly unaware that Bitcoin has been in an uptrend for 12 months already 

I don't mean to be rude but these for me are all the classic signs of a reversal; when people start questioning whether the bull-run is starting after a parabolic move to the upside has already occured. It's very odd to see the "buy the rumour sell the news" so far play-out so accurately, given it was well-documented in the media, but I guess some scenarios (despite how well discussed) just do play out as such.

If anything I'm now getting sceptical over the sell-off, as if everyone starts speculating that there will be a major sell-off, price is more likely to reverse back to $46K to $47K 

Of course, this is quite exciting because most people have been waiting for this for a long time, but for now everyone should not hesitate to take advantage of the price correction that is currently happening. Because this is also to support better profits during the halving or after the halving when the market is bullish again to head to the next ATH.

This is very commonplace for everyone because patient holders will always get a reward according to their own level of patience, as well as people who regret being too hasty to sell it. So the regret arises because he sees the profits obtained by other people which basically he could also get if he didn't sell at a low price.

Don't tell us that you're afraid of the current price of BTC that hit $47 few days ago before the price return back to $45k few hours ago in the market because, this question you asked can only come from short term hodler or new hodler in the market because once the bull run occur in the market, you will surely feel it like the way you feel bear run before you buy to wait for bull run to come before you can sell.

The bull run is still loading in the market, but the bull run will surely occur this year 2024 but I don't know the actual date or time but just be calm and continue hodling your coins with good faith because, the bull run is no longer far from you, if you can endure and watch the market price.

Since BTF approval I think the bull run journey have start and bitcoin will raise to higher price for this year, many good news with several days left before halving and bitcoin ETF approval is most important part completed for bitcoin will be more excited in this year.
I sure the era of bull run for bitcoin have begin and waiting few days later how much highest price for bitcoin break out, yesterday after ETF approval announcing bitcoin up drastically and keep stable above $46k.
Our patience finally have good result with ETF approval and waiting few moment awhile looking for bitcoin break out most highest price in this season and start the new all time high price for bitcoin.

Whatever drives the current market price increase whether it is due to ETF approval or halving, people are happy to see it and think this could be the day that we wait for many years. And it was very clear to us that the situation is turning bullish again (no doubts about it). We can't say when the next ATH comes but it happen any of these days either this year or by 2025.

Patient holders got their reward while those who sold their coins early probably in regrets and blamed themselves. Well, that is quite normal knowing that not all individuals are willing to wait, many get tired and quit.

Or we can say that bitcoin halving is the real catalyst for a bull run this year. So we will have to wait in April and see how the bull run will unfold specially that we have the Bitcoin ETF approval already and it started to make some noises.

And so with the approval though, the effect is not going to be felt, this companies will have to settle down first. But there's no doubt that once we see or hear reports that those entities and their clients are pouring their money already, it might trigger that bull run, so let's wait and see.

I believe you wanted to say "a reason"? And yes, ETF is a good shot for Bitcoin this season, without it, Bitcoin would not have made such a huge bullish impact in a very short time. Last year was so positive for Bitcoin altogether and I believe that it was first because the coin has been so cheated due to negative data and inflations in the previous year (2022), and since halving is already around the corner, the market started getting some relief. This happened until the ETF saga came onboard and the court case delivered in favour of it is another advantage for it.

However, as we think towards that, we should also know that the market psychology is deeper, and at times, we might not know the true reason why it behaves the way it did or not know the total reason for the action even if we know some. What I believe that caused the huge impact this time is because of the halving that is almost happening, people are already positive with the coin. Bitcoin was already at a crossroads then, with FUD in the market in anticipation of halving as people would like to buy more coins before then. The bullish impact caused by the ETF saga became aggravated and people started having the FOMO and building confidence in holding the coin they bought. That is what really caused the huge impact and a reason why Bitcoin has been stable at higher levels without a strong price drop since then.

You could say this Bitcoin ETF is a seasoning before the Bitcoin halving occurs. Market instability and uncertainty about whether or not to accept it makes the market volatile. But the ETF has been approved and Bitcoin is on the rise again. The real bullish is just waiting for time, waiting for the Halving to arrive. But we will see Bitcoin correct first before reaching a new ATH.

At the moment, the ETF has met my expectations, at least mine. I read the opinions of some analysts who predicted growth to 50k for Bitcoin, but I considered this to be too optimistic a forecast.
I personally have more expectations from the halving than the adoption of the fund, this event will be much larger since it will affect the entire industry in one day. The only plus for today is that many altcoins were in the green zone and reacted better to the ETF than Bitcoin.

There could be another ATH next year for Bitcoin due to the effect of this year's halving, but this is not the only effect for Bitcoin because ETF approval also plays an important role in Bitcoin, especially on the price side in the market. Because what has been seen today is an indication that the impact of this agreement on Bitcoin is indeed there, so that a much bigger increase than before could occur in Bitcoin this year and next year if the correction is still too small.

This may be a short bull run, as bitcoin investors fear the approv of bitcoin ETF. But this hope has been fulfilled so the Bitcoin price has shown an upward trend, but I think the Bitcoin price will increase after the Bitcoin halving. A look at the history of each Bitcoin halving shows that the year following the Bitcoin halving saw the highest bullish market in the Bitcoin price. Since the 2024 bitcoin halving is cyclical, I expect to see peak bitcoin prices next year.

Well, I could understand if you think that the current pump is a trap as you are a newbie but for us who have been in crypto for several years and experienced bull season in the past years, I could we are on that way to the bull market. The current situation is an indication that we are leaving bear season and now on the bull season. Of course, we can't expect an instant price increase but a gradual movement seems to see. It was been speculated (and expected) that bull runs happen after halving and this is what happened in the previous years.

The market is just sideways and one cannot tell where it is leading now. The news of the spot bitcoin ETF has made the market very unstable and many speculations have been hovering around it. Since we entered January, we have been experiencing a lot of volatility and the market has been on uptrend and downtrend within short periods of time. Bitcoin ETF will have effect on the bull run but the real bull run will still come after the halving as it has been for years.

Yes until Bitcoin touched $69k price only then we can be clear of the next bull market for sure we are nowhere near that price yet and we are going to be taking some time to arrive at that moment,  there is no sign of that happening right now so we have to wait some time to arrive at that,  and also if we have the two most anticipated events ahead,  it shows that we have a good potential that can trigger the next price all-time high when they occur.

Events such as the next Bitcoin halving,  and also United States sec Bitcoin ETF approval if these two events happen,  we may likely see the next Bitcoin at an all-time high soon.

Unfortunately there are way too many people around us like that, I have suggested the same to a friend of mine who has his money in bank savings account, collecting dust interest while losing money to inflation as well.

I have suggested him to buy bitcoin maybe like 3-4 months ago, he would have been wildly richer right now and there are even more money making chances coming our way as well, I think after the halving the bull run will slowly start growing up and it will be even better, and yet he did not see that possibility. It's fine, we can't make everyone profit, we can't convince them to invest that wildly, it just needs to be something that would be a bit difficult to handle and we need to be careful about it on the long run.

After yesterdays action I'd describe BTC as bullish however the dollar also has recovered from its lows, its still in a range but we challenging the top of the recent dollar range.  Hopefully no further strength in the dollar will allow BTC to cement its recent  gains.
  If we keep 43.2k as the low or support for BTC on the rest of this week, close out well above thats another good week for BTC and I hope for more to come.   If we get this positive but fail to maintain it that could mean much longer till the bullish action is as apparent as it is now.  The ideal is to build gains and momentum with it.

We aren't on the bullrun yet, before we can accept that bitcoin bullrun had begun, then we have to first got to where we are coming from which is the bitcoin last all time high of $69,000 and then anything we are having above that could be termed as a new all time high after which the halving would have taken place and bullrun had fully begun, this is what will make every long time holders profitable as the bitcoin value increases.

bullrun has started since September 2023 then in my opinion, but it is confusing because there are still many people who say bullrun has not started and bitcoin will return especially to the price of $ 16k. it seems to go back to their respective views in assessing the bullrun there is bitcoin, most people judge on the continuous increase in price and exceed certain price targets that they consider as indicators of bullrun.

To ensure bitcoin bullrun or not depends on what you see from bitcoin itself and what the future opportunities are, rather than calculating when bullrun, while bitcoin today is the standard price below $50k then accumulate bitcoin for provisions towards ATH.