Is the bull run near already? - page 5.

carlisle1

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Quote from: lunnatic on May 29, 2023, 08:22:40 AM

the bullrun is getting closer and if we haven't accumulated altcoins then do it,
because if you don't have a favorite altcoin to hold until 2025 then you can regret it,
reportedly the bullrun will be more intense than before.

Better to do your research in terms of holding an alt coin, there are many available options that you can pick after doing your research, while
Bullrun is nearing you need to make that you do are done studying what coin/s to hold.

I see your point about regretting, if you didn't hold any of those available potential assets, both new and old projects that have a good support, the chance
to experienced Bullrun is highly anticipated.

Make sure to DYOR and bring a huge amount of patience after buying your coins.

lunnatic

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the bullrun is getting closer and if we haven't accumulated altcoins then do it,
because if you don't have a favorite altcoin to hold until 2025 then you can regret it,
reportedly the bullrun will be more intense than before.

bitterguy28

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Quote from: Ndabagi01 on May 24, 2023, 11:42:00 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?

Market is still showing weakness till now https://coinmarketcap.com/ according to CMC there are small amount of increase from weeks of falling .

Not sure if bull run will come late this year or mid next year but one thing is certain that it will come at least before 2025 ends.

tough there are strong belief from this post but does not enough for me listening this soon .
will wait till next year for safe speculation .

bakasabo

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Quote from: rhodelmabanal on May 29, 2023, 02:26:06 AM

Quote from: Ndabagi01 on May 24, 2023, 11:42:00 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?

It has a big impact china is not a small country it is very big country with a very big population imagine if they broadcast cryptocurrency many more people there knows about crypto and start wondering about it and how it works. The impact is not instant i think it needs time, however the positive effect is very near i believe bull market is almost here.

https://twitter.com/BitcoinMagazine/status/1661401213554905090 this is a small video clip of what was broadcasted. They did not say much about cryptocurrency and Bitcoin in particular. They were saying just general things, like Bitcoin can be withdrawn from ATM, there are such things as NFT and etc. They did not say that "crypto if now fully legal, we plan to make it as additional currency or talked about mass adoption". So I would not connect bull run, market growth with that tv broadcast.

rhodelmabanal

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Quote from: Ndabagi01 on May 24, 2023, 11:42:00 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?

It has a big impact china is not a small country it is very big country with a very big population imagine if they broadcast cryptocurrency many more people there knows about crypto and start wondering about it and how it works. The impact is not instant i think it needs time, however the positive effect is very near i believe bull market is almost here.

mich

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Well I think we are going to be in a 'bull run' soon. We are seeing many crypto experts making this same prediction saying next few months are going to be 'bullish'.

Price of Bitcoin in more than $28,000 and there is good news going on the worlds economies. So now is a good time to invest and put some more sats in your Bitcoin wallets because we are not going to see low prices like last month for a much longer time.

Minecache

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Quote from: Weawant on May 28, 2023, 06:18:29 AM

Quote from: romero121 on May 27, 2023, 07:52:47 PM

The bull market hasn't arrived yet. A massive correction happens befor the bull market transition. For now we see small corrections that drive the price move within specific range. The market that grew from the price range of $16k and reaching around $27k happened all of the sudden. From there bitcoin wasn't able to move good in position. In particular it tried to move high above $30k, but it couldn't achieve it. Altcoins were also following bitcoin which means the market is self driven and the altcoins season too hadn't started.

Before altcoins seasons happens, we first have to have a Bitcoin season that the price will keep on pumping for several weeks and it will be obvious that we are in a bull market as all positive news about Bitcoin and the crypto market will start coming out.

As you said, what we have been seeing are small corrections and pumps and they're not significant to determined if the bull market has started or the bear season is over. Everything starts after Bitcoin halving in my experience as bull market comes one year after halving is over.

It still surprised me that Bitcoin couldn't stay above $30,000 after trying to cross the price for so long which is finally did. I thought the price will increase or stay above $30,000 but seeing the price at $27,000 means we're not in a bull market yet.

Why are you surprised that bitcoin can't break through $30k? Because as you said in your experience, the bull market will only appear after the halving occurs. I find it quite contradictory in your statement.
Furthermore, if you believe that the bull season will only begin after the halving, that means you believe in history, believe in the 4-year cycle of the market. Even if bitcoin breaks through $30k and stays above it, that doesn't mean we'll enter a bull season this year.
Why should we stress when bitcoin is still under $30k? I think that is more positive than negative, we will have enough time to buy bitcoin cheaply.

GeorgeJohn

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We should not be depending on people saying things concerning market regulations, because its known clearly that no body knows the exact time the bullrun can come, what determined the increment in market of cryptocurrency is base on the quantity demands and I believe that market can accelerate today and also go back to decrease zone at any point in time due to the gravity of the demands, so I believe that market of cryptocurrency is basically determined through the supply and demand, when the demands is high it affects increments to be bull, while when the supply is higher it causes bearish market, so nobody can tell when the market is on bullrun.

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Quote from: YOSHIE on May 28, 2023, 10:47:56 AM

Only those who are brave, committed and confident win every time in the crypto world, cowards always lose and are haunted by regret.

Yeah the weak hands, they stay out to spread fud about bitcoin instead of seeking to understand the circle of bitcoin. Regret in investment opportunities when you are suppose to take a bite for yourself will only amount to sabotage and anguish. The opportunity is again close and only the committed and confident will take the chance to increase their portfolio for the ride to another ATH.

Eternad

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Quote from: Ndabagi01 on May 24, 2023, 11:42:00 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.”

If you browse thoroughly CZ twitter profile. He is always very bullish since his business is revolving the crypto market. You will feel like it was always a bull run despite the market is crashing because CZ keeps a positive post on every news.

Quote from: Ndabagi01 on May 24, 2023, 11:42:00 AM

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?

As explained above. CZ tweets is a perma bullish. It doesn't signify anything but one thing is true that crypto currency is always on bullrun if we view the larger picture. The crypto marketcap grown a lot compared when crypto is just new.

You will know that it's already a bull run if all shitcoin is pumping hard without any news supporting it.

naikturun

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Quote from: OgNasty on May 24, 2023, 01:53:18 PM

If you ask me, going from $16K to $26K is the bull run... These runs have a tendency to last multiple years when you zoom out and tune out the noise. Come next April, the block reward will be slashed in half and demand will likely be higher than it is today. There won't be US government auctions and the mtgox coins will be distributed. You're going to want to have a position built by then so I think the way to play it is to dollar cost average into the market for the next two years and then enjoy the rewards that come with that decision.

The idea behind DCA is that, over time, you accumulate a position in the asset while potentially reducing the impact of market timing. By spreading out your investments over a longer period, you can benefit from both market downturns and upswings.
While historical patterns and events can provide some insights into market behavior, it's important to remember that past performance is not indicative of future results. Bitcoin's price is influenced by various factors, including market sentiment, adoption, regulatory changes, and macroeconomic conditions. Predicting the exact timing and extent of future bull runs or market cycles is challenging.

YOSHIE

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Quote from: Ndabagi01 on May 24, 2023, 11:42:00 AM

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

Maybe, I've been reading a lot of developments about Bitcoin speculation and predictions lately from experienced crypto experts, they say 2023 comes only once, opportunity only once, think and do it's a good move for Bitcoin.

From those words, I take one conclusion, this year is not the year of the bull, but now the best Bitcoin buying move, the bull market will happen, either 24,25 or 26, what is certain is that it all depends on ourselves in taking policy, I believe that some speculations are true and some are nonsense, which is definitely a wide open opportunity to do the best for Bitcoin at this time.

Only those who are brave, committed and confident win every time in the crypto world, cowards always lose and are haunted by regret.

Yamifoud

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Quote from: romero121 on May 27, 2023, 07:52:47 PM

The bull market hasn't arrived yet. A massive correction happens befor the bull market transition. For now we see small corrections that drive the price move within specific range. The market that grew from the price range of $16k and reaching around $27k happened all of the sudden. From there bitcoin wasn't able to move good in position. In particular it tried to move high above $30k, but it couldn't achieve it. Altcoins were also following bitcoin which means the market is self driven and the altcoins season too hadn't started.

Speculations arise that this year 2023 we gonna see a bull run but as we observe, it is still far from happening and if we look into the market history, it took 3-4 years before the bull season come. I'd say that most of the newcomers today are too impatient because those who have experience in the past bull season had already an idea of when it comes and when the bear season comes as well. That is why we have this 4-year market cycle and we expect that bull season comes after halving which was next year.

Weawant

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Quote from: romero121 on May 27, 2023, 07:52:47 PM

The bull market hasn't arrived yet. A massive correction happens befor the bull market transition. For now we see small corrections that drive the price move within specific range. The market that grew from the price range of $16k and reaching around $27k happened all of the sudden. From there bitcoin wasn't able to move good in position. In particular it tried to move high above $30k, but it couldn't achieve it. Altcoins were also following bitcoin which means the market is self driven and the altcoins season too hadn't started.

Before altcoins seasons happens, we first have to have a Bitcoin season that the price will keep on pumping for several weeks and it will be obvious that we are in a bull market as all positive news about Bitcoin and the crypto market will start coming out.

As you said, what we have been seeing are small corrections and pumps and they're not significant to determined if the bull market has started or the bear season is over. Everything starts after Bitcoin halving in my experience as bull market comes one year after halving is over.

It still surprised me that Bitcoin couldn't stay above $30,000 after trying to cross the price for so long which is finally did. I thought the price will increase or stay above $30,000 but seeing the price at $27,000 means we're not in a bull market yet.

dansus021

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Quote from: Wend on May 27, 2023, 06:09:12 PM

I don't understand why people consider $30k a critical point. What is the guarantee that when bitcoin crosses $30k, we will exit the bear season or never drop below $30k? I remember in April, there was a time when bitcoin exceeded 30k $, but then it also decreased continuously until now.
So there is no major milestone for bitcoin, it could still fall back even if it hits $50k, $30k is nothing for bitcoin. Moreover, the price drop is a good thing, not as bad as many fear. I like a market like this, or it could decline further is a good thing that would make for a better buy point for bitcoin right now.

This is a speculation board sir and nothing in here is guaranteed when we talk 30K point is not just me or taufik123 there is a bunch of other people talk 30K is crucial Point if you know basic about Support and resistance or Supply and Demand Zone you might notice that 30K is a major SNR or SND. Here let me explain it to you.

This is a Weekly Timeframe meaning that needs a full week to close a single candlestick. and the white box above is the previous support zone. The price is rejected at 30K level so many times. and broke in May 2022 and become a resistance zone, and most of the speculators would said if we can stay above 30K level or at least sideways on that level the price might look another resistance at 40K level or 50K level.

Although all of this just a speculation and nothing is guaranteed here

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Quote from: taufik123 on May 27, 2023, 04:46:43 AM

Quote from: ethereumhunter on May 27, 2023, 02:44:50 AM

Only two months left so we can see what will happen and let's hope it does happen. Many of us are still patiently waiting for the mini bull run or even the bull run to happen as we are nearing the end of the bear season phase. Whether it's the end of the year or next year, we can get big profits again.

The desire for huge profits is the pinnacle, but whether or not we can afford to buy now, buy, and hold for the long term until the latest ATH is reached.
Because Some traders only make purchases when the Bullish arrives, even though the bearish market is the most awaited because there are many discounts to buy back.

We have to be able to buy when the price is still low so we can hope to get big profits when the price increases high and reaches a new ATH. But we have to manage the purchase and don't immediately buy using an all-in because many people still do this. They think the price won't go down but it hasn't.

Traders who buy in bullish times are the ones who get caught in the trap of fast price movements so they think that the price will still increase but the price then declines and is in a downward price position for a while.

Quote from: taufik123 on May 27, 2023, 04:46:43 AM

Quote from: ethereumhunter on May 27, 2023, 02:44:50 AM

And I'm still curious whether it's true that July will be a bull run tomorrow or the first altcoin season will come to the market. But whatever it is, we must prepare ourselves first by analyzing every potential coin on the market to buy it at a low price and save it until the bull run comes.

We'll see in July if it matches the history or if there will be changes. The market will not always be the same and history will not always repeat itself.
We must be prepared for all conditions. Doing management will be very good, have a reserve of money, and hold Bitcoin assets and other assets.

At least we can see it from the movement pattern because maybe the pattern is similar to the previous one. We can only hope that before the bull run comes, we have sufficient preparations to get the big profits we want. And we can get big profits too from altcoins and not just bitcoin.

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Quote from: Ndabagi01 on May 24, 2023, 11:42:00 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?

Especially lately, people are being impatient about this. They say that the bull run is coming in Bitcoin or that it will come very soon, and they panic themselves. It's not necessary. Make your investment and wait. Bitcoin bull season will surely come one day. No one knows that day for sure, but they make their own interpretations according to the course of the market. I think you should invest and wait without panicking.

romero121

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The bull market hasn't arrived yet. A massive correction happens befor the bull market transition. For now we see small corrections that drive the price move within specific range. The market that grew from the price range of $16k and reaching around $27k happened all of the sudden. From there bitcoin wasn't able to move good in position. In particular it tried to move high above $30k, but it couldn't achieve it. Altcoins were also following bitcoin which means the market is self driven and the altcoins season too hadn't started.

STT

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Last halvening people expected far more and it didnt occur, in fact we went down just before but a century level storm in the shape of the pandemic is enough reason for that occur. We cannot say for sure when or what prices, its an answer with too many variables to say only predict within some framework. If extreme events occur around that time it'll delay the positive effect, I think people count too much on this when block reward already did most of the drop off and so the tightening effect. The overall cycle of speculation and build is probably greater influence and dollar itself with interest rates is more relevant imo.

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Quote from: taufik123 on May 26, 2023, 07:05:19 PM

Quote from: dansus021 on May 25, 2023, 10:20:34 PM

-snip-

We might see mini bull run maybe can close above 30K level at July

I hope so too, a mini bull run may happen in July after May and June were selling months and experienced a few percent declines.
The last 3 years July has always been a bull run and I also believe July will be the first bull run after the market has been hit by a lot of FUD and more investors are coming in.

Passing the $30k price is an important point for now, hopefully, $30k will be the closest target so that Bitcoin can continue its increase.

I don't understand why people consider $30k a critical point. What is the guarantee that when bitcoin crosses $30k, we will exit the bear season or never drop below $30k? I remember in April, there was a time when bitcoin exceeded 30k $, but then it also decreased continuously until now.
So there is no major milestone for bitcoin, it could still fall back even if it hits $50k, $30k is nothing for bitcoin. Moreover, the price drop is a good thing, not as bad as many fear. I like a market like this, or it could decline further is a good thing that would make for a better buy point for bitcoin right now.

Topic: Is the bull run near already? - page 5. (Read 1011 times)