Topic: Is the current bitcoin bull run confirmed now ? - page 2. (Read 462 times)

Bull season cannot be identified with a fixed value therefore don't think that if bitcoin reach to 70k$ then we will be in Bull season  and if we are down then we will be in bear season because we know that we are already enter into Bull season but Bull season does not means that we will not see dump anymore.

Bitcoin has achieved previously created ATH and even go ahead then this so it is clear that Bull run has been started but how long it will persist is depended on the demand.
Current dump is temporary and once halving take place then situations will become in our favor and everyone can easily get reward through selling of their bitcoin but I think once halving take place then one should not purchase bitcoin until price goes to dip again.

it is obvious that when Bitcoin increases from the value that it is to another value that is it higher than the initial value that means it is a supportive in value and at that point it is in bullrun.. everybody can remember the starting point of Bitcoin for it increment since the Year 2024 the value was extremely low and it is started rising from  twenty-five or twenty eight thousand [25k/28k] in last year and right now the price has Skyrocket from that to low value to this particular value of bitcoin today, so that is to say the price of Bitcoin currently is in the bullrun season and after halving we can experience more increments that may probably take us to eighty-five thousand to hundred thousand [85k/100k] depends on the demands of the market.

you know some people got it wrong or for increment or Bitcoin because it is obvious that bitcoin increment start from when the value changes but people does not know that it is when the bullrun season started... so bullish season started when there is addition of figure in bitcoin value but people does not comprehend such they think that there is a particular season that is meant for a bullish season so we don't have a specific time or a specific period for increment of Bitcoin prices..

already you we are in bullrun season and I know quite well that bullrun is something I know that start since bitcoin price cross forty five thousand..so it's obvious that the price of bitcoin is continue to rise that means we are not in the bearish season and we are in the bullrun...its obvious..so I know quite well that the price of bitcoin can not drop soon because we are also expecting another increase after halving.

we cannot differentiate the bullish season now and the feature bullish season that you are expecting, I cannot say this is manipulation in the market but what we are experiencing right now is the same thing as the bullrun, because after having it may be that the price of Bitcoin may not increase to this particular point of the price of Bitcoin we are seeing now and also remain constant as the price of Bitcoin drop a little and the also return to the normal price so I conclude that we are already in bullrun, whatever increase that manifest after now is same as bullrun.

Back when Bitcoin didn't reached the $70,000 yet, my prediction is that, I don't see that we are in a bull run yet until we see Bitcoin reached and surpass that $70,000 price range "AND" stay above that price for weeks to months.

It surpassed that price yes, but it didn't stay for that long, and we've seen Bitcoin's price going down below $70,000 many times already, and currently it's happening. Market is going down, and people are starting to panic blah blah. Anyway, because of that I don't think that we are in a bull run yet. We might see the market on a bull run a few months after the Bitcoin halving event. Well, that's always the case in the past 2 halving events.

Overall, I don't think that we are in a bull run yet. Price touching the $70,000 isn't enough to say that we are already, and I guess the downward movement that happened in the last few weeks is good enough to say that we aren't yet.

I would lean towards the second scenario because there is no reason that with newly approved ETFs and large funds yet to reap any returns from bitcoin, they would ever let this bull season end. As far as I know, funds are still focusing on accumulating bitcoin every day, there are still no signs or evidence that they have taken profits, so it can be said that the bull season has just begun. Also, I believe this will be a super bull cycle due to a combination of factors and this bull season will last until 2026, that's what I'm thinking.

The growth cycle has begun since Bitcoin established the bottom of the 2021 cycle at 15,700 USD. Many people still believe that this is just a rebound in the downtrend cycle, and the market has not really entered a new growth season yet. However, I think that most people missed the growth wave or had to buy at high prices when this year's market went too fast, completely different from previous cycles. There are 2 scenarios that will happen if Bitcoin continues to keep its price at this high level:
 - Scenario 1: This year's cycle will end earlier. It is possible that Bitcoin is running the 5 Elliott wave of the monthly frame. This 5 wave usually runs quickly and ends quickly.
 - Scenario 2: We will have a super cycle, the cycle will last longer and the growth rate will also be more terrible.
Which scenario would you hope to happen? This cycle has witnessed a lot of innovation with the participation of many countries as well as major financial institutions around the world. Extremely large cash flows are something we can easily see, so I will lean towards the second scenario 2 occurs more.

Most probably it is. We are starting to see the bull run now when bitcoin created a huge price hike that ended up with the current price right now. Despite of its price correction, bitcoin price remained still at a good price which makes the market look more bullish than bearish. However, I couldn't help but expect more price increase when we are getting close to halving, most especially if we are going to hit the bull run after that. I think there's no need to confirm that we are starting to experience bull run now as the market itself creates a bullish identity.

Bitcoin prices will likely get higher as time goes by due to increased demand. This was expected due to the impact of the halving and the influx of ETF funds into the market, not to mention the FOMO it caused among retail traders. Prices have risen many times compared to the end of 2022, we are even above the previous ATH.

Expecting price increase after the halving is normal. History says prices become more expensive after a halving, but we never know where the peak price will be. If you have purchased bitcoin as an investment asset, hold onto it until 2025 as it is highly likely that $100k will become a reality after a few months of the halving.

Bitcoin just reached its previous ATH, and slightly exceeded it, if we look at previous cycles, we will see that Bitcoin never stopped so low, but continued to grow, and the growth after halving was always more significant, so despite such an impressive we have a good bull run ahead of us. Of course, you shouldn’t rule out a possible downward movement, but I would give it a small probability, no more than 5%. Considering that Bitcoin reached ATH for the first time before the halving, it can be assumed that further growth may be just as rapid.

People, this bull run is real. Bitcoin excels, no doubt. The goal is to break all restrictions, not just $70k. Trust in markets? Through the roof! That drives this spike. Understanding Bitcoin requires understanding the cycle. Not just the summits. Successful people look deeper. They've experienced drops before and know patience is key. People, Bitcoin is rewriting the market rules, not just a bull run

I wouldn't be so sure to announce bitcoin's up to its bull season this early, we haven't even crossed the halving which is a massive defining factor at least for me (cause it historically fucks with a lot of investor's mentals, causing them to panic buy) to decide whether we're already inbound for bitcoin season.

There's a pattern that CZ, former CEO of Binance has stated which would signify an upcoming crypto bull run, first there has to be a massive pump, in anticipation for the upcoming halving, and perhaps any other early narrative that's up and running by then, people will panic buy, people will want to have a spot before shit hits the fan and they lose out on a lot of money, but then, the halving comes around, their bitcoins didn't increase in value, they'd start thinking this is all a sham and they'd either panic sell, or hate on bitcoin causing more FUD and even more panic selling among the weaker hands. When that resolves, the remaining players on the field stick with bitcoin through thick and thin, developing or discovering yet another awesome narrative that would open the market to millions of people, at this period, you can safely assume that bitcoin's already bound for its bull run.

Since we're still far from Halving, I wouldn't say we're in there yet, I'm personally bracing for impact as we get closer and closer to the fated date and the expected panic selling among people, but oh well.

I have to agree that bull run has already begun. Bitcoin surprisingly doubled its price when we least expect it and from there, bitcoin price continued to surge while mixed with some slight price correction. Of course, price correction will never be out of the picture since it’s still part of bull run. But one thing is certain, bitcoin price will definitely surge high after the whole correction is over, and that’s when final bull run enters the market.

And most probably, by the end of the year we will achieve bitcoin’s new all time high. We may not correctly predict the price, but definitely its above $150k or even $200 above.

That rise you see in the market surprised many investors, the Bitcoin price pass $70k in the past few weeks was not the bull market. and I was expecting the market to dump before the halving, which I haven't see any sign of that. so the current price is not the actual price that we will say we have already in the bull period. However, base on how we are anticipating the bull run to start, I think is not yet time since approximately people are saying the bull market will happen April and obviously we just enter the month today, so let see how the crypto market will turn to this month.

But to me there may be some correction in the rise of bitcoin in the past few weeks, because bear comes in before the bull. So definitely for Bitcoin to rise above $70k I believe there something that need to be corrected in the market. So let see if the bear will come in before the bull as people are saying, since that is how it work and how it have been happening. Although I don't really know but maybe the system of how Bull run usually arrived have changed, or what I don't understand this time around? or maybe there some factors that triggered the market to rise like the issue of Bitcoin ETF.
 

It is likely that the definition of bull run has changed or some people do not understand what bull run mean. From what I know, bull run started from last year and it was triggered mainly by the news around the ETF approval. From the market behavior, it is pretty obvious that the bull run have been sustained and we will be in for the long run. For price to continue to remain above the high of 2021 is a sign that the bull run is sustained and will continue to get better until the halving and beyond. If you are still waiting for the signs of the bull run before you get in, then you may likely miss the entire thing.

I think since bitcoin broke $69k and made a new ATH, that sign confirms that we have entered bull season but this bull cycle is completely different from the past so people are still many doubts about it. Things are changing and new history is being created, we will never know when this bull season will end so enjoy it but don't forget to let your guard down because anything is possible happen. But I still believe that bitcoin will continue to rise and we have not yet reached the highest ATH in this cycle, so keep accumulating more bitcoin every chance you get.

It’s quite difficult to determine when exactly does the bull run start because of the volatile nature of the market however it is expected that bull run will only officially begin after the bitcoin halving event which will happen this month.

Now, don’t get it wrong. Cryptocurrencies will not all automatically rise this month due to the halving when in fact it might even fall drastically before it even goes up. Decrease in value is also one of the main signs of a start of a bull run so we should take advantage of that period before the market officially kick starts.

I believe it's hard to define the bull run while it's happening, and the length is best determined afterwards, in hindsight. I mean, when the price is growing rapidly and even reaches a new ATH point, it's a bull run by definition, but we don't know if it's over or only beginning, or if it might be temporarily broken by a period of stabilization, followed by even more growth. So we just need to wait, and then the charts will show it all clearly, just like the spikes are clearly visible now, and it's easy to say that the 2017 bull run lasted from September to the end of December, and then we had two bull runs in 2020-2021: October 2020–April 2021, and then July–November 2021.

I agree that bitcoin is up quite a bit compared to last year, but based on history, the biggest bull season usually comes only after the halving. Therefore, it is not surprising that some people wonder whether we have entered a period of price increases or not. There is nothing wrong when we say that the bull season has started because bitcoin has a new ATH, but in my opinion, everything is just starting because the halving has not happened yet and many altcoins are yet to have crazy growth. In my opinion, we are just in the pre-bullish phase and have not completely entered the bullish season as everyone expected.

Aren't you asking this question a bit late already?

Anyway, I think we're already in the middle of the bull run. You've mentioned that the price has almost doubled just in a few months. Moreover, it's only been 3 months since the year began but the price has already increased almost 70%. On this day 1 year ago, the price was just around $27,000. You don't dismiss that growth as normal. This is the bull run.

But there will be more because I believe the effect of the halving is yet to be priced in.

It's already starting. If you are asking about accumulating phase, then it already ended somewhere 20k-30k price range where most are fearful from low price, whales are accumulating assets instead. So it's already done. BTC I believe is now in the phase of price runs or expansion phase. Bitcoin and other altcoins are expected to have breakout to the upside because of bullish sentiment and buying pressure from the masses.

BTC price is now rising, so instead o being fearful investing, you should be more hopeful that it will rise more than expected.

For almost every investor its a bull run.