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Topic: Is the bull run near already? - page 2. (Read 1089 times)

full member
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August 09, 2023, 10:14:56 AM
I think a bull run can occur if the price has reached $ 40k, now the big thing that must be passed by bitcoin is to be able to pass $ 30k, there was a price of $ 31k but not more than a day down again due to profit taking from investors.
full member
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August 09, 2023, 05:16:47 AM
There are many predictions, especially discussions on social media that the bull run will soon occur at the end of the year, and the latest one states that the bull run will start in October or in about 2 months, of course we still have plenty of time and a good opportunity to buy more when the market is red so we can buy cheaply.
It seems that there are no encouraging signs to achieve the target because international market sentiment still shows no signs of improvement. You are right that at this time everything is like a race to analyze and determine that the time for the bull run is about to start, but the results are quite the opposite. Right now it tends to be stagnant, and when it increases, it won't take long to come back down, but I think maybe by the end of the year there will be a change to look forward to.I agree with you that at a time like this, it is the right time to keep buying.
full member
Activity: 1414
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August 08, 2023, 10:40:14 AM
There are many predictions, especially discussions on social media that the bull run will soon occur at the end of the year, and the latest one states that the bull run will start in October or in about 2 months, of course we still have plenty of time and a good opportunity to buy more when the market is red so we can buy cheaply.

Look at the chart taufik123 provided us and if you believe history will repeat itself, there won't be any bull run this year. I also don't see any predictions of an early bull run at the end of the year like you said. Instead, 2023 is still a bearish year and suitable for us to accumulate more bitcoins in our pockets, so instead of expecting a bull run, we should focus on collecting bitcoins. Because even if the unexpected bull season comes at the end of the year, we won't get any benefit if we don't have bitcoins.
legendary
Activity: 2716
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August 08, 2023, 09:49:00 AM
-snip-
Sure, 2023 isn't the time for bullrun season. If we consider the 4 years cycle, 2022-2023 is the bearish season, then 2024-2025 is the time for bullrun season. If someone learns the cycle carefully, he shouldn't expect for the bullrun season this year.
Yes, not BullRun season, but 2023 is the end of the bear market and enters Bullrun or Pre-Bullrun season.
August-September is a bearish month every year and this is an opportunity for Bitcoin to fill the volume and go to the moon in the 2024 Halving and even better in 2025.

This is a prediction in conjunction with the past, how the past worked and the cycle continues.
See the image below of the cycle that runs every Halving.

2023 will be the start of it all, we just have to wait and see what happens, and don't forget to buy and hold for the long term.

sr. member
Activity: 1484
Merit: 254
August 08, 2023, 09:25:30 AM
There are many predictions, especially discussions on social media that the bull run will soon occur at the end of the year, and the latest one states that the bull run will start in October or in about 2 months, of course we still have plenty of time and a good opportunity to buy more when the market is red so we can buy cheaply.
sr. member
Activity: 1498
Merit: 443
August 06, 2023, 04:03:28 PM
Historically, the bull season will come just a year after the halving, so expecting a bull run to come before the halving is hopeless. While the market had some good news like the EFTs or the SEC lawsuits were over… it wasn't enough to trigger a bull season. For me, it takes a lot of factors to make a bull market but the halving is still the biggest factor, so I will only start thinking about the bull season after the halving occurs.
What we should expect this year is a rally or larger corrections for buying opportunities, it depends on each investor's expectations.
Indeed. Halving triggers the bullrun season, but I'm not sure when the bullrun season starts. The bullrun season can start before the halving because of its hype. However, based on the history, the highest prices of Bitcoin or altcoins will be 1 year after the halving. If it is about crypto coin ATH, I agree it happens 1 year after the halving. But when the bullrun season starts, I assume it is not impossible to happen before the halving.

Sure, 2023 isn't the time for bullrun season. If we consider the 4 years cycle, 2022-2023 is the bearish season, then 2024-2025 is the time for bullrun season. If someone learns the cycle carefully, he shouldn't expect for the bullrun season this year.

sr. member
Activity: 2282
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August 06, 2023, 09:18:09 AM
We are between bull and bear market so it's very hard to tell in which way Bitcoin will go as summer cycle is still 1 month to go and we might see Bitcoin having another flash drop in price by the end of August.

After August , my assumption is that Bitcoin will slowly transit into a bull market and we should see most of the coins having a slow and steady increase in price but if this won't happen during this year , I'm afraid for 2024 when the halv happens.
No one can say where the price of bitcoin or altcoins will end up tomorrow, a month from now, or a year from now. But globally bitcoin looks more like an uptrend now, because the price at the beginning of the year was half of what it is now. But altcoins have been in a bear market for a long time, because the price of almost all coins is constantly falling.
hero member
Activity: 1414
Merit: 670
August 06, 2023, 08:08:24 AM
Is the bull run near already?o late?
I think from current few important news Bull run are almost about to begin because according to Cointelegraph news publically listed mining companies want btc around 98k by halving time because thier main business model run on mining reward and after halving his reward will be cut down to half so during that time it will be very difficult for them to manage his business in profit, so I think it's a clear cut indication that as the number of days decrease to the halving the price of Bitcoin will raised more and more, so we can expect that Bitcoin will easily cross 40k till the end of the year.
So the point is that whales will push Bitcoin price till the requirement of mining companies obligatory because they have important role in crypto Space and whales can neglect them,
Some thing were happen in 2012 , 2015 , 2021 like Bitcoin make ATH of the year and then bull season begin so now btc also make ATH of the Year to so we can expect bull season too.
legendary
Activity: 3080
Merit: 1353
August 06, 2023, 05:58:32 AM
I think bull run doesn't seem to be happening in the near future, even today the market is red again so it touches $28k, of course this makes me not think too short term, the thing that might make a bull run is early 2024 because there will be a halving day.
The halving won't happen in early 2024, it is estimated to occur in April, or maybe May, so that is in the second quarter which can't be considered early in my opinion. Also, we shouldn't really be expecting the bull run to occur directly after the halving event, it will probably take some time after the event, so there will be some patience-testing going on after the halving occurs next year. I'm not really in a hurry, I feel it's better if it happens slowly after the halving.

However, the whole industry is currently waiting for these two things, first the halving, and then the long-anticipated bull run which is expected to take Bitcoin beyond the last all-time high which was $69k. A lot of people are expecting it to cross $100k this time, but we are going to wait and see.

As per history, it will be months before we can see a full blown bull run, so if the halving is around March-May, then at least 3rd quarter of 2024, we might see a slow phase and price starting to pick up.

Last quarter will be interesting, we could be seeing $69,000 being broken, so we will see new all time high. But it's not yet the final run, as we will see that throughout 2025, there will be a huge jump and in the end of that year, we might see 6 digits.
hero member
Activity: 2408
Merit: 584
August 05, 2023, 10:46:08 AM
I think bull run doesn't seem to be happening in the near future, even today the market is red again so it touches $28k, of course this makes me not think too short term, the thing that might make a bull run is early 2024 because there will be a halving day.
The halving won't happen in early 2024, it is estimated to occur in April, or maybe May, so that is in the second quarter which can't be considered early in my opinion. Also, we shouldn't really be expecting the bull run to occur directly after the halving event, it will probably take some time after the event, so there will be some patience-testing going on after the halving occurs next year. I'm not really in a hurry, I feel it's better if it happens slowly after the halving.

However, the whole industry is currently waiting for these two things, first the halving, and then the long-anticipated bull run which is expected to take Bitcoin beyond the last all-time high which was $69k. A lot of people are expecting it to cross $100k this time, but we are going to wait and see.
full member
Activity: 658
Merit: 189
August 04, 2023, 10:19:53 AM
I think the hope for a bull run will occur at the end of the year, the news that the halving day which will occur in early 2024 will certainly be taken seriously by investors so they will buy at the end of the year in the hope of selling after the halving day which usually increases by at least 200%, we'll see if the end of this year can touch $ 50k or not, if the price is still as it is today then the 2024 halving day will be as usual as it is today.
As usual, what do you mean? Because investors will only make purchases when they are absolutely sure of an improvement in market conditions next year or at the end of this year. As long as they are still not convinced to buy Bitcoin in large quantities at the end of this year or early next year, it means that there are still improvements that are not to the liking of many investors. So that of course this will not immediately encourage them to buy more Bitcoin at the end of this year so that the price will not immediately increase sharply in the market.
sr. member
Activity: 2842
Merit: 326
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August 04, 2023, 10:04:19 AM
Even though the market looks difficult to go up but I'm sure the bull run will happen soon, before the bull run happens of course we have to have good preparation, namely by buying more, we will cry and regret when the bull run happens and we don't buy when the price is cheap, then hope the price is down and want to buy, now the opportunity is there and don't miss it.
Truly the market had not really experience a massive bullish run but I think the OP is trying to link the tweet by Binance owner on the news report by the China Central Television which portrays crypto market positively consequently might trigger a possible bullish run of the market because China is also one of the highest numbers of adopter of crypto and the news will encourage more Chinese to invest massively in crypto market, many Chinese will continue to buy Bitcoin thus the demand for the coin will increase sharply resulting in the upward movement of the price, though there isn't any remarkable bullish runs yet except on the 1st of August when the market pumped briefly unfortunately the bullish run could not be sustained.
legendary
Activity: 3346
Merit: 1203
August 04, 2023, 09:30:42 AM
We are between bull and bear market so it's very hard to tell in which way Bitcoin will go as summer cycle is still 1 month to go and we might see Bitcoin having another flash drop in price by the end of August.

After August , my assumption is that Bitcoin will slowly transit into a bull market and we should see most of the coins having a slow and steady increase in price but if this won't happen during this year , I'm afraid for 2024 when the halv happens.
hero member
Activity: 2184
Merit: 599
August 04, 2023, 09:19:01 AM

I think the hope for a bull run will occur at the end of the year, the news that the halving day which will occur in early 2024 will certainly be taken seriously by investors so they will buy at the end of the year in the hope of selling after the halving day which usually increases by at least 200%, we'll see if the end of this year can touch $ 50k or not, if the price is still as it is today then the 2024 halving day will be as usual as it is today.
Today the bearish still hasn't gone away, but we don't know if the end of the year will be bullish or not on bitcoin, or it just happens like now and revolves around $20k+ - $30k+ price level, we can't say for sure today, or talking about an increase maybe it could be more or it could be lower in the current halving cycle, what is certain that we need to do is continue to accumulate bitcoins when the market is still bearish like now.

I understand your point. It's difficult to predict whether the price of BTC will go up or down. There's a possibility that it could surpass 32k and continue rising to 40k or more. However, now, Bitcoin performing kinda weak as it can't maintain a value above the 20ma. In this situation, we might expect a decline to around 28k or even 25k. The next Bitcoin halving is expected to take place in April or May of 2024( however it's based on the number of blocks mined, rather than a time limit). I believe that most significant movements will occur in the third quarter. It will be interesting to observe how everything unfolds.

Yes, so far bitcoin has weakened again, the probability that might occur is a decline if you look at the current trend, talking about the anticipated halving or bullish related to the halving, it can happen before the halving and it can also happen after the halving, things like this often happen to us look at bitcoin, but what's certain is that if it happens as you say in Q3 2024, it's better to hold bitcoin until 2025, there is more appropriate with the 4 year bitcoin cycle moment and as we expect there will be formation of new highs price in bitcoin in that year.
hero member
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August 03, 2023, 12:59:17 PM
I think the hope for a bull run will occur at the end of the year, the news that the halving day which will occur in early 2024 will certainly be taken seriously by investors so they will buy at the end of the year in the hope of selling after the halving day which usually increases by at least 200%, we'll see if the end of this year can touch $ 50k or not, if the price is still as it is today then the 2024 halving day will be as usual as it is today.
It can't be predicted with certainty whether it will be bullish at the end of the year or mid-year it is still unclear whether it will happen in 2024 or 2025, but my prediction is that in 2025 bullishness will come in that year.

Why should investors buy at the end of the year when it's bearish now is a good time?

I feel that when the halving occurs it may not rally that significantly but after the halving waiting between the range of 6-12 months may be the right time to wait for the bullish to come, but all do not know what happens later I think there is no harm in buying now rather than later.
sr. member
Activity: 1820
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August 03, 2023, 11:10:40 AM
The CEO of Binance, Changpeng Zhao just tweeted and I quote, he said that;

“CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese speaking communities are buzzing. Historically, coverages like these led to bull runs.

Not saying past predicts the future. And not financial advice.”

Link to Changpeng Zhao’s tweet


Those that have experienced the bull run before, does events like this leads to bull run or signifies that bull run will happen anytime soon?

And those that haven’t bought bitcoin, does this signify that they need to necessitate buying some now before it’ll be too late?


This wasn't really some kind of significant event to the cryptocurrency community or something like Bitcoin. I mean for sure this is going to affect the cryptocurrency market price at some point but for sure it wasn't going to be a big impact. It wasn't even that trendy I mean yes it appear in some articles but the reality is it didn't have a big effect, I mean not all good article is going to have a big impact it was just great news on cryptocurrency about crypto broadcast. Also, China has a lot of controversy when it comes to cryptocurrency so that could also be a thing.

I could trigger the Bullrun is the Bitcoin Halving event if you just going to look at the bitcoin halving timeline you could already see the effect of it in the market, so just based on the past data we could easily assume that there is going to be a huge movement after that event like in the past Bitcoin halving for sure. I mean its already a good time to buy because when the market is stable like this that is the time when some doesnt have interest, it probably still need around 2 years before Bullrun but I think buying right now is a good investment to position for profit.
sr. member
Activity: 2156
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August 03, 2023, 10:52:50 AM

I think the hope for a bull run will occur at the end of the year, the news that the halving day which will occur in early 2024 will certainly be taken seriously by investors so they will buy at the end of the year in the hope of selling after the halving day which usually increases by at least 200%, we'll see if the end of this year can touch $ 50k or not, if the price is still as it is today then the 2024 halving day will be as usual as it is today.
Today the bearish still hasn't gone away, but we don't know if the end of the year will be bullish or not on bitcoin, or it just happens like now and revolves around $20k+ - $30k+ price level, we can't say for sure today, or talking about an increase maybe it could be more or it could be lower in the current halving cycle, what is certain that we need to do is continue to accumulate bitcoins when the market is still bearish like now.

I understand your point. It's difficult to predict whether the price of BTC will go up or down. There's a possibility that it could surpass 32k and continue rising to 40k or more. However, now, Bitcoin performing kinda weak as it can't maintain a value above the 20ma. In this situation, we might expect a decline to around 28k or even 25k. The next Bitcoin halving is expected to take place in April or May of 2024( however it's based on the number of blocks mined, rather than a time limit). I believe that most significant movements will occur in the third quarter. It will be interesting to observe how everything unfolds.
hero member
Activity: 2184
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August 03, 2023, 09:18:15 AM
I think bull run doesn't seem to be happening in the near future, even today the market is red again so it touches $28k, of course this makes me not think too short term, the thing that might make a bull run is early 2024 because there will be a halving day.

I think you are confusing the situation. You know that Bitcoin halving is taking place next year, and during every Bitcoin halving, it's noted that the market usually experiences a bullish movement, so I think the future of a bull market is already near. It might happen next year or in 2025. With the price getting to $28,900 yesterday, I even thought it might go below, but I'm seeing it's still trading around $29k. Every month usually has a different move in the market, and it's not yet time to become so bullish as the market can even dip to $27k this month.
Lately bitcoin's movement has been quite confusing, previously moving towards bullish but he stopped at the wall of $ 32k which made him have to correct this deep again to $ 29k, and it seems that today bitcoin is also declining again, which makes the market turn red , we are currently walking in a sideway lane with high volatility, the possibility is that at the beginning of October we can see a good increase, or a green market that is moving, for August-September I still doubt it.
Halving may be an important indicator here to increase investor interest because it is able to encourage interest in buying bitcoin which causes bitcoin to experience a bullish age, but who knows what bullish level will be suppressed by the halving bitcoin this cycle, whether at the price level of $ 40k or more or more lower than that?...

I think the hope for a bull run will occur at the end of the year, the news that the halving day which will occur in early 2024 will certainly be taken seriously by investors so they will buy at the end of the year in the hope of selling after the halving day which usually increases by at least 200%, we'll see if the end of this year can touch $ 50k or not, if the price is still as it is today then the 2024 halving day will be as usual as it is today.
Today the bearish still hasn't gone away, but we don't know if the end of the year will be bullish or not on bitcoin, or it just happens like now and revolves around $20k+ - $30k+ price level, we can't say for sure today, or talking about an increase maybe it could be more or it could be lower in the current halving cycle, what is certain that we need to do is continue to accumulate bitcoins when the market is still bearish like now.
sr. member
Activity: 1526
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August 03, 2023, 05:04:13 AM
I think the hope for a bull run will occur at the end of the year, the news that the halving day which will occur in early 2024 will certainly be taken seriously by investors so they will buy at the end of the year in the hope of selling after the halving day which usually increases by at least 200%, we'll see if the end of this year can touch $ 50k or not, if the price is still as it is today then the 2024 halving day will be as usual as it is today.
hero member
Activity: 770
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August 02, 2023, 01:34:05 PM
I think bull run doesn't seem to be happening in the near future, even today the market is red again so it touches $28k, of course this makes me not think too short term, the thing that might make a bull run is early 2024 because there will be a halving day.

I think you are confusing the situation. You know that Bitcoin halving is taking place next year, and during every Bitcoin halving, it's noted that the market usually experiences a bullish movement, so I think the future of a bull market is already near. It might happen next year or in 2025. With the price getting to $28,900 yesterday, I even thought it might go below, but I'm seeing it's still trading around $29k. Every month usually has a different move in the market, and it's not yet time to become so bullish as the market can even dip to $27k this month.
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