Topic: Is the bull run begun ? - page 7. (Read 1092 times)

Forget about specific definitions and concentrate on your portfolio instead as this is the best for you and for anyone that invested in this market, trying to determine when the bull run started or if we are in a bull run already is not really going to bring you any benefit, what matters is that it is very likely the price of bitcoin will be higher at the end of this year and this could be true for 2025 as well, so accumulate the bitcoin that you can and take advantage of this.

The years I had spent trading in the financial market made me know how the market behaves, and the way it behaves could be very funny at times. I urge everyone to understand this over time so that they will not be scared or trade/invest amiss.

About your concern, Bull Run is a bullish market condition where the buyers (Bulls) take hold of the market for a reasonable amount of time. What happened recently in the Bitcoin market is nothing short of a bull run, and Bitcoin eventually moved over $21,000 and still preserves the long-term bullish trend till this moment. Now, the psychology is that people had started preparing to buy the market in anticipation of the pre-and post-having effects that could be very bullish, so the FOMO had been happening, but later the ETF news and headlines now aggravated it. It actually emboldened people to buy and hold Bitcoin, even those who would have wanted to procrastinate wouldn't again simply because of the ETF optimism then. This helps Bitcoin to rise and still hold the largest portion of the gain because people are not willing to sell after buying since halving is still coming.

You can see that a bull run actually happened, nevertheless, but bull runs could come in different sizes. The post-halving bull run is still coming which is the main bull run with the strongest effect if it happens as it did in the past.

Come on now,

We see one big rise in the market price and we come up with "Bull run happening"?

I wish the same mate, but you have to skeptical and observe for sometime before making up your mind about the same. The last week has been a down of 41k to a up of 44k and this drop was not expected to happen - ETF yes/no questions led to it? No comments.

I have sell orders at 50k USD and I hope they get executed gradually, we all want the bull run, but we should be patient about it.

I would express patience with bitcoin because looking back at the price increase from $15,000 to now has been a process full of volatility and doubt, now an attention seems to be focused on ETF approval. But there are still many different scenarios waiting and in 2024 there are still many important events that affect bitcoin. I still expect that after the halving we will witness more optimism with bitcoin, there will be changes. unexpected fluctuations that I can speculate will not be easy to predict.

Currently, bitcoin is showing great attraction and is becoming more and more accepted given the existing challenges, I am still inclined to the possibility that there will be a fairly strong adjustment that will cause the price of Bitcoin to decrease and then go away. In a cycle of strong price increases, however, accepting and balancing investment factors to come up with a strategy is each person's decision.

If by "big bull run" you mean the usual 10000%-14000% rise we had in the past like 2017 (from $150 to $20000) then I don't think so because the global economy is in too much of a bad situation (specifically recession) that it would make such a massive rise extremely difficult due to continued panic dumps. The only case I can see that happening is if they start lowering interest rate and let the inflation rise while stopping the recession.

However, if by "bull run" you mean more and more rises every month in 2024 then I can see that happening very easily. Despite all I said above the adoption is still increasing and with the existing inflation we have seen an increase in adoption (people see Bitcoin as the hedge against inflation). And that can continue for months.

We are not towards the end of the bull run at all and we are not yet in the middle. Let us expect the 2024/2025 to be for the bulls. Which means this could be the beginning of the beginning of the bull run that we are talking about. Although last year was also bull run period.

I also really do not know but I know that those who hold and not selling their coins will not regret. With 1x or 2x leverage, opening a long position can be good, but with just like 30% of your holding.

You know whether it's a trap or not in the eyes of others; for me, it's not; rather, it's an opportunity for me to buy more potential cryptocurrencies that I think will yield good profits in the future.

In my opinion, I feel that we are entering the bull run, and I also think that we should continue to dca the coins that we want to hold until the arrival of the halving and bull run. Let's just stick to holding bitcoins or cryptocurrencies and don't just send emotions.

As @adaseb pointed out, we can't know if we're on the start or in the middle of it, there's no metric to make sure that we're already in a certain part of the bull run, I feel like we're at the beginning though because the price of bitcoin is obviously going up but the problem is that it's going back and forth to 40k and 45k so unless bitcoin breaks the resistance at that price point hopefully we can see that resistance breaking but right now, I feel like we have all the time in the world to just take it easy and accumulate so if that resistance begins to break then we're going to be fine because we've bought bitcoins through DCA while waiting for the price to skyrocket unlike those that we're worried about bitcoin price or when will the bull run happen without doing anything to take advantage of the situation.

We entered a bull run market when BTC went from 15k and broke 38k. When BTC bottomed at 15K and is now at 44K, it has actually entered the start of a bullrun. Yes, this is just my personal opinion, even if there is a price correction that will occur later, it will quickly recover and try to rise through resistance. The market will not always be bearish, we have been in a bearish market for quite a long time and regarding the recent news regarding ETFs, I think BTC is ready to rise even higher in the future plus the action after the halving.

Bull run def ( by cambridge dictionnary ) : a time when the prices of most shares are rising.

So yeah I'd say yes since we've been on the uptrend for a year

Anyway, noone knows shit about fuck when it's prediction time !

The Spot Bitcoin ETF changed the normal prediction about the bull run. The bull run might now be determined by the approval of the ETF. Let me assume that if the SEC approves the ETF, we have technically entered the bull run because the price of Bitcoin might keep increasing. But disapproval might lead to a drop in price which might delay the bull run till the Bitcoin halving period.

I don't think there is anything like greed in Bitcoin Investment because everybody has their own level of risk. All you need do is to have your own targeted profit level, and when it gets to that price, you could take your profit. Doing your research to understand how the market might turn out will also be a good decision because there are many analyses and predictions on the internet.

I think it is the begining of the bigining of full run.. we will know if there will be a bull run after this ETF shit. and then halving. these two events will play major roles in next bull run. so we must wait for them to reach a final conclustion.
Right now Bitcoin is holding pretty good I think a Good trader would make good money with current bitcoin's volatility.
on the other hand, some Altcoins like Solana are very bullish. i think their bull run has already started. so many memecoins and airdrops are coming in solana. so this is a good time for that at least..

Of course, as long as when you meant "most of the time", you meant ±5-8% in probability. Anything more than that is just delusional.

And yea, with the halving there's a decent chance that it'll work out the same, but at the same time, there's no guarantee that it will. There's always a first time for everything.

Tbh I'd would've answered different if we were in the Trading Discussion section.

The fact that we cannot predict the future with accuracy does not mean that we cannot make probabilistic predictions that are accurate most of the time. In this sense, it is quite a bit more likely that the price of Bitcoin will be higher than it is now a year from now than it will be lower. Halving, the historical pattern or the moderation of central bank rate policies are strong arguments for thinking so.

It depends on how we define the bull run, but I would say we are more likely at the beginning.

If you meant that will bitcoin and crypto continue going up in price from here, I really don't know. If I knew when the prices would go up, I'd go all in with leverage lol. But alas, we can't predict the future so we should position our funds carefully.

I think the bull market began when we first heard about this Blackrock ETF. Right now I wouldn’t say it’s beginning. Maybe we are in the middle of it or even towards the end.

Keep in mind that many are expecting the etf approval to be an sell the news event just like the previous bitcoin futures, coinbase ICOs and bitcoin futures etf. And that is if it’s approved. This Wednesday it’s possible the Ark etf might get rejected and next week all those etfs might get delayed. If this happens we might visit $30K area fairly quickly.

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently