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

hero member
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From $72k down to $67k and then now to $62k. I'm not scared at all but this is a healthy correction that must to have, and must happen.

Based on what is happening to the market, and the price has dumped to $67k is like bear run is very close to the market
Folks keep on saying that it's a bear run but look at the chart even just to start with the month of January this year. You should look at the brighter look of the charts and not just with the 1-day frame.

hodlers still have the opportunity to market their BTC before the long bear season will occupy the market.
Why need to market when we can just HODL and buy? You mean to sell? too early to sell but if you want to sell and you're happy with the gains, you're free to do it.
hero member
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It depends on how one views the market and for me, we are already in a bull market. But even though we are in a bull market, that doesn't mean bitcoin will never have a correction or decline. In a bear market there will also be times when bitcoin recovers and in a bull market there will also be significant corrections. So, don't be subjective in thinking that if we are in a bull market, bitcoin will never decline or correct.
In my opinion, when investing we just need to set goals, stick to the plan and only sell when bitcoin reaches the goal, don't think too much about when the bull season starts or when the bear season will come. I wouldn't even sell my bitcoins if things didn't go as I expected, I'm willing to wait a little longer for my investment because it's not my only source of income or investment anyway.
I have to agree. The fact that we are now seeing a consistent bullish price with bitcoin after it crossed over its previous ATH, then I must say we are actually seeing a bull run now, although the final bull run has certainly not come yet. But still, corrections are inevitable, most especially that we are almost near to bitcoin halving, then correction might be tight this time. However, what’s important is that we are seeing a new all time at the end of the day.
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Quote from: DanWalker
It depends on how one views the market and for me, we are already in a bull market.
If you release your BTC to the market like the way other hodlers are selling their BTC since last month till now, you will have something good to earn from your investment and you will not regret when the price dump again.

 Based on what is happening to the market, and the price has dumped to $67k is like bear run is very close to the market which hodlers still have the opportunity to market their BTC before the long bear season will occupy the market.

Quote
I wouldn't even sell my bitcoins if things didn't go as I expected, I'm willing to wait a little longer for my investment because it's not my only source of income or investment anyway.
I only observed that kind of mindset from long term traders, if the price of their target is still far from the market, they will not trade their BTC till the price come to stay before they will start trading to make profits from the market, which is the best mindset newbies should acquire.
legendary
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Not yet. Miners are facing a disaster in 10 days or so. Time will tell around April 20 and 90k means bull in in.
full member
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

The way Bitcoin price is currently trending upward, we can definitely say it is a bull run. But the fact is that the bull run has not started yet, mainly due to the halving of Bitcoin, the value of Bitcoin has increased rapidly. We have seen that before the year 2024 started the price of Bitcoin was very low but whenever 2024 came the price of Bitcoin has changed a lot in the market. As we have seen, Bitcoin price peaked at $73k dollars and currently Bitcoin price is between $70k dollars. And it would be wrong if we compare it to a bull because we all know that the Bitcoin market rises before it halves. But we can be sure that after the halving, Bitcoin price will rise more and Bitcoin price will reach $150k.
hero member
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We still have to wait some more. This is not a real bull run, even though the price has touched $70k. The real bull run may come once the price rises above $80k. That will make the price continue to increase until it reaches its highest price.

But we will never know how high the price of Bitcoin will reach its ATH. As has happened before, people don't know how much the price will increase. But after the previous bull run reached its highest price, we realized that Bitcoin's ATH had been reached.

After that, the price will slowly decrease again or even decrease rapidly. So we can only wait until we see the price increase even higher. And we can still buy more at times like this.
legendary
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there's no sure way to determine whether there gonna be another bullrun after it reaches $70k there's simply no way unless you're telling people to predict future but even then that is just mere a speculation.
but one way to be sure is also to judge based on past events, knowing the chart of the past and compare it to current chart then you might find some similarity between the two and then the history might repeats itself.

honestly you can just try to DCA and wait it out, i'm sure the price won't decrease to the previous bottom floor, the market is very bullish right now and based on chart we're nowhere at the peak, though if you have slightest doubt then you better off not investing at all after all it might cause you massive regret if things goes south or at least getting out of your hand.

since crypto market is volatile enough, people that invests are expected to know the ins and outs first, investing blindly irregarding the risk might be your worst decision ever.
hero member
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It depends on how one views the market and for me, we are already in a bull market. But even though we are in a bull market, that doesn't mean bitcoin will never have a correction or decline. In a bear market there will also be times when bitcoin recovers and in a bull market there will also be significant corrections. So, don't be subjective in thinking that if we are in a bull market, bitcoin will never decline or correct.
In my opinion, when investing we just need to set goals, stick to the plan and only sell when bitcoin reaches the goal, don't think too much about when the bull season starts or when the bear season will come. I wouldn't even sell my bitcoins if things didn't go as I expected, I'm willing to wait a little longer for my investment because it's not my only source of income or investment anyway.
sr. member
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Isn't an increase expected by many investors? If you are already at $70K it's not as full as you say price confirmation can just go down below that but for me it won't be too deep, if the matter of confirming the increase is certain we have a prediction where the price of bitcoin will go to $100K in the near future at least by the end of the year we can see it.

Bitcoin is now a little bit to move to $70K maybe it will be after the halving move then it will say bullish is coming soon even though it is far away meaning the rally will soon arrive for a higher surge.
hero member
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

The term bull run as to do with bitcoin been on an uptrend for an elongated time that is unusual in the market and only comes ones in a while after a long term of bearish market. The movement we have been witnessing for a long term that we saw that the bitcoin price has to exceed its all-time high and mark a new one could have happened because of the changes in the market lately which we expected a big change in the market and was delayed; I mean after the spot bitcoin ETF approval, we expected a big bullish trend in the market but it never happened, maybe the market is just reacting to that change in the market. This period can also be called the bull market trend but it is not yet the usual bull market that everyone is expecting. The time after the bitcoin halving is the time many have predicted bull run to start and as we are yet to experience it, this period could be term as pre-bull run season. So bull run as started but we are yet to start the actual bull run.
legendary
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If you refer to several speculations that can be seen and believed, my understanding is that the price of Bitcoin is currently not (confirmed), reasons:
The halving is not yet complete, although a new ATH has occurred, but according to some Bitcoin experts who I entrust this dirty simulation for the new ATH, there are things that never cross the mind of Bitcoin users the price will meet the bull again, unfortunately they do not tell what price for Bitcoin could be final.

Conclusion: believe it or not, the price of Bitcoin will experience a spike, speculation is predicted to occur in May and last only a few weeks, However, you remain committed to and your own stance in assessing the current price of Bitcoin. That's all I say based on my personal speculation. In essence, you have your own speculation that you can rely on.
Of course, prices will increase over time. It could be that the price will break $80k within 2 months after the halving, or it may also find new support at $60k within 1 month after the halving. All possibilities still have to be considered wisely regardless of our long-term goals and plans on bitcoin investment.

Personally, I believe we will find $100k in 2024 or early 2025, which means prices will be higher than they are today. The plan to hold longer is clearly there, but when the profit target is reached it seems like I also have to be ready to sell, whenever that is.
legendary
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
If you refer to several speculations that can be seen and believed, my understanding is that the price of Bitcoin is currently not (confirmed), reasons:
The halving is not yet complete, although a new ATH has occurred, but according to some Bitcoin experts who I entrust this dirty simulation for the new ATH, there are things that never cross the mind of Bitcoin users the price will meet the bull again, unfortunately they do not tell what price for Bitcoin could be final.

Conclusion: believe it or not, the price of Bitcoin will experience a spike, speculation is predicted to occur in May and last only a few weeks, However, you remain committed to and your own stance in assessing the current price of Bitcoin. That's all I say based on my personal speculation. In essence, you have your own speculation that you can rely on.
sr. member
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People were surprised to learn that it was an unexpected mutation. According to my prediction, the moderate increase will be followed by a faster recovery post-halving to a peak price of $55k. What happened instead was that it exceeded my expectations as the market skyrocketed – even surpassing previous record highs before the halving. This could be the beginning of a long-awaited price increase. Typically, in the event of a bull market, the price of Bitcoin skyrockets, sometimes doubling or more than its original value. If we note that bull markets tend to last for months or even years, and given the fact that the halving will continue until April, it seems that the 'second half of the bull run' is still to come. will continue in the near future.
hero member
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we are about to crush mining ⛏️ so it is not a bull run yet . now you may say coins were 16-17 k in jan 2023 they are 4x that now its a bull. 🐂

a real bull would be 90k and slowly going up. after the ½ ing. miners would not be struggling

So, in your opinion, the bull run is more connected with the miners reaction and actions more then with the price growth? Intuitively, I get why that could be, however, would you mind explaining this idea in more details? Why miners would stop struggling after 90k? Because this price would compensate the loss in rewards?
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
This isn't a confirmation of Bull run yet it's just reactions of investors and traders making the rounds in the market influencing and affecting price but if you are patient to observe and understand Bitcoin you would see the corrections that will take place meanwhile in the case of Bull run, the price surge usually have a time frame within which it appears and most definitely new ATH are reached and then there's a gradual setting in to a bear market and not a correction of a particular movement in the market.

According to the circle of Bitcoin it's not yet time for bull run but it doesn't mean there wouldn't be some increase in price moreover we are expecting the halving soonest so it's definitely supposed to create some reactions amongst traders and investors in the Bitcoin market.
hero member
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Between the bear season and the bull run, there is a whole gradation of other periods. Just because we're not in bear season anymore doesn't mean the bull run is in full swing. I think it is just the beginning of it right now. Regarding the fall in price, I cannot agree with you; serious corrections also happen during a bull run. Moreover, shortly before the halving this happened several times, so I would not count solely on uninterrupted growth.
I mean that was true for 2023, where the price wasn't going down anymore, but it was getting to a good place, even ended near 30-40k range so we could say the bull "started" there, but lets remove that for a while, that year wasn't a bull but wasn't bear. But this year we have seen over all time high, in any year that you broke over all time high price, saying that it is not a bull season seems like it could be wrongful.

I am not claiming that I am some sort of deciding factor, just because I say that we are in a bull market doesn't mean that we are in a bull market, these things do not depend on what I say. I am just saying, if you asked me if we were in a bull season, I would be 100% saying it is already the bull season.
legendary
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we are about to crush mining ⛏️ so it is not a bull run yet . now you may say coins were 16-17 k in jan 2023 they are 4x that now its a bull. 🐂

a real bull would be 90k and slowly going up. after the ½ ing. miners would not be struggling
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Given that Bitcoin has practically doubled in value over the past few months and it doesn't look like we're seeing a bearish victory in the coming months, I'd say the bull market has begun. If we take into account the upcoming halving, which is also considered an indicator of a growing market, then there are even more reasons to believe that we have already entered the bull phase. However, this does not mean that the possibility of correction is nullified.
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.

Between the bear season and the bull run, there is a whole gradation of other periods. Just because we're not in bear season anymore doesn't mean the bull run is in full swing. I think it is just the beginning of it right now. Regarding the fall in price, I cannot agree with you; serious corrections also happen during a bull run. Moreover, shortly before the halving this happened several times, so I would not count solely on uninterrupted growth.
legendary
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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.

There are many optimistic predictions that when the halving occurs, the price will continue to rise much higher than it is now. And according to you, we should not buy now or after halving, so when is a good time to buy bitcoin if it is not decreasing? Bitcoin is unpredictable and if we have a selling target above $100k, buying bitcoin now or after the halving is possible. Don't hesitate or wait for the price to decrease to buy because we won't know if bitcoin will decrease or not. Like many people were waiting for bitcoin to drop to $12k to buy when it was priced at $15k in 2022 and the end result was that they missed out on buying bitcoin at the best price during the last bear season.
legendary
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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.
I agree, those investments were made but not matured yet, there will be a lot of increases eventually that will help them and I am guessing that it is going to be something they could benefit as much as they can afford to. That means that the price will probably go up more, and not that we have seen the end of that investment, we are going to see tens of thousands of bitcoins to be bought more than this, which will make the price go up even more.

I feel like there is a scenario where things can't change that much and should probably end up with something that will be profitable for us as well. Small retail investors like us get the benefit from these big whale corporations buying more and more, so we should be quite happy about it.
sr. member
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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.
hero member
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.

The Bitcoin and other altcoins market saw a bull run start when Bitcoin jumped from $49,000 to $73,000 in early March, surprising many who expected a different trend before the upcoming halving in April. Though, recent changes in the market make it unclear if the expected drop that takes place before every halving will still occur.We're not sure if Bitcoin will follow its usual pattern. I think there will be more ups than downs before the halving, which might confirm the bull run.
Looking at past halving events, I believe the real bull run hasn't happened yet.Still, we have to remember that the market is unpredictable and affected by many external factors. Anything can happen at anytime and we may see something new from Bitcoin. You just have to remember to hold and be patient.
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..

Given that Bitcoin has practically doubled in value over the past few months and it doesn't look like we're seeing a bearish victory in the coming months, I'd say the bull market has begun. If we take into account the upcoming halving, which is also considered an indicator of a growing market, then there are even more reasons to believe that we have already entered the bull phase. However, this does not mean that the possibility of correction is nullified.
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.

I don't think it is the bullrun that we are expecting that will happen. This is most likely a manipulation in price like what happened not long ago but it decreased later on and once again the price increase. The bullrun happens when the demand increases while the supply is low which is most likely after the halving because the mining reward is halved. If the reward is halved then the new coins being mined is not the same as before.
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.
legendary
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.
legendary
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.

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.
full member
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.
hero member
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.
legendary
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.
legendary
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.
hero member
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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
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.
legendary
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Certainly we are now in the bull run, but the uptrend has multiple levels and not just one level. I expect that we are now only at the beginning and there will be more new levels in the coming periods.
 
What happened in the market this cycle was a surprise to everyone because no one expected the rise before the halving, but because of the ETF this sudden rise occurred and therefore it can be said that this cycle will be different from previous cycles and no one can predict whether this rise will arrive and how long it will last.
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.
sr. member
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

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.
 
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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.
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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.
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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.
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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.

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.
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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.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

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.
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For almost every investor its a bull run.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
For me, it is indeed a bull run because, after years, we created a new all-time high. Bitcoin did it while other altcoins didn't even reach yet their old all-time highs, even that, I can say that we are already in a bull run as the Bitcoin block halving is really near.
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We went from $35-$40k to &70k in under two months. If that does not sound a bull run to you then I don't what will. Everyone is trying to buy in to bitcoin whenever there are some dips back to $68-69k which poses a strong support to all of this. We also have the halving coming in less than 3 weeks, which might even add more fuel to this run just because of what a lot of traders believe. Currently, I think we are in a bull run, but not as massive as to what we had before. Nevertheless, a bull run is a bull run, no matter how much the gain is.
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The price of bitcoin at the moment is $71k+, which is a pure sign of a bullish market. Following the market movements of bitcoin are the altcoins. At some point, the market variation of bitcoin and leading altcoins will have a deviation, which means there will be stagnation in the market for bitcoin while altcoins continue to progress. Those were the seasons of altcoins, and with that, bitcoin will conclude its bullish move and undergo a correction, which further makes the market move within limits and drop down. For now, we can expect the price to grow much higher as there are 20 more days left for halving.

The truth is, no one can tell about being the bullish run that is happening right now. And when will it stop. No one can give the advice or confirm what's happening in the market. People are just speculating on what may possibly happen and what they will do to act on that particular prediction.

We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
Don't you realize Bitcoin hits a new ATH at $73,750 in Mar 14, 2024 (CMC data)?
You shouldn't ask about the sign of bullrun when Bitcoin hits a new ATH. It is no doubt we are in the bullrun period if we consider the price of Bitcoin in recent time. Why you still doubt of the bullrun?

Anyway, people still assume Bitcoin may reach $100k. It is because the bullrun period is likely still in the beginning phase. So, it is true that people expect for further movement on Bitcoin price. $70k or $73k isn't the highest level of Bitcoin price in this bullrun period.

I guess, that's what people are looking at. Reaching $100k just to consider that we are indeed in the bull run stage. But they have to remember, above 60k itself can be a bullish level considering the previous btc price. It is all a matter of perspectives here. No defined price when you talk about bullish or bearish season, as it depends on where you are referencing at.
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This is just the preparation for the halving event, believe it or not but the actual bull run is yet to come after the halving event, the recent event of bitcoin reaching its new ATH is because many factors and one of them is because of the approval of ETF and because of that it became easy for many people to access and buy bitcoin assets and as many people are becoming more aware and getting hyped by bitcoin many more attracted to invest and hold bitcoin assets, that's one of the reason and I think big company or industry has also contribution to the increase of price of bitcoin as of course they will take advantage of the easy buy of bitcoin and will hoard bitcoin as much as they can, we still not sure what will happen to the bitcoin after the halving event but if the theory or prediction is true and accurate then the price of bitcoin might be doubled.
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The price of bitcoin at the moment is $71k+, which is a pure sign of a bullish market. Following the market movements of bitcoin are the altcoins. At some point, the market variation of bitcoin and leading altcoins will have a deviation, which means there will be stagnation in the market for bitcoin while altcoins continue to progress. Those were the seasons of altcoins, and with that, bitcoin will conclude its bullish move and undergo a correction, which further makes the market move within limits and drop down. For now, we can expect the price to grow much higher as there are 20 more days left for halving.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
What difference does it make? I am not being sarcastic or anything, I simply do not see the point of getting the bull run confirmed or not, for what I know a bull run is nothing more but a sustained growth over a long period of time, however even that definition is vague, so some people may argue we are already on the bull run, while some others may argue against it, but what matters is the price of bitcoin and how you are doing compared to it, while everything else is secondary.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
I don't know how you can define bull run but for me, it was just started early this year. Seeing the market price increase more than the usual price is already a sign of a bull run. I couldn't confirm that we are in the bull season but that is just what I believe now. Besides, this is expected after the bear season. We can also take a look at the previous bull season and compare the current situation as it was likely the same.

But it was not yet the ATH high price that we expected for Bitcoin. Maybe I'm wrong but I believe that there is are more pumps coming after halving and hitting for $80k is possible.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
Don't you realize Bitcoin hits a new ATH at $73,750 in Mar 14, 2024 (CMC data)?
You shouldn't ask about the sign of bullrun when Bitcoin hits a new ATH. It is no doubt we are in the bullrun period if we consider the price of Bitcoin in recent time. Why you still doubt of the bullrun?

Anyway, people still assume Bitcoin may reach $100k. It is because the bullrun period is likely still in the beginning phase. So, it is true that people expect for further movement on Bitcoin price. $70k or $73k isn't the highest level of Bitcoin price in this bullrun period.

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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
No one really knows but these things could be possibly to happen;

1. Pump on pre-halving period then make some nasty corrections on post halving before we do shoot up
2. There wouldn't be some extreme dump or correction and playing sideways with the current price or lets say 60-70k price levels and wait up for that gradual increase
3. Several months sideways or consolidation period

Actually there's no way that we could really be able to know on where it would be heading. One things for sure that you cant really be able to make yourself that
to know on where prices could go in next months to come but pretty much sure that we would really be heading up when bull run happens.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

I will consider this as pre bull run season now, and this uptrend movement of bitcoin have been going on for a long time now since last year. From that period till now, bitcoin have done X’s which signify that those that bought at the beginning of the bullish trend would be in profit by now. Practically, the bull run season always starts after the events of the halving which will be coming up by next month, which will happen just few weeks from now. The period after the halving, the market is expected to be on a very long term bullish trend and continue till bitcoin hits a new all-time high.

Nobody can tell the extent to which bitcoin will move by that time but many analysis already have it that it’s going to make a six figure value at the end of the bull run. While the market is very much tricky and unpredictable, a lot of this prediction to be the same by many people could sound accurate and bitcoin will move in the direction of their prediction. It is important to take profit when it has hitting the six figure value, with that you can safeguard your investment and reap massively from your early investment in bitcoin.
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According to this article[1]  Bitcoin bull run is characterized by a gradual uptrend in prices, peaking at cycle highs, followed by a period of stabilization or slight decline.  Looking at the current trend of the Bitcoin market, I think it fulfills the character of a bull market.  We had a gradual uptrend price this past few months, price increasing gradually from $40k to $70k, and some decline, with Bitcoin price retracing from $70k to $60k plus and then recovering and stabilizing within $68k to $70k price range.  So I believe the Bitcoin market is currently in a bull run state now.

This is somehow a special case because the Bitcoin market bull run often happens after the halving but in this cycle, Bitcoin had already entered a bull run state even before the halving event.




[1] https://www.grayscale.com/research/reports/anatomy-of-a-bitcoin-bull-market#
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
That's true, bro Bitcoin surpasses the previous all-time high and makes a new ATH with a price of $73,777 in the recent month. And it still moved above 71+k. But this is not actually a true bull run. This rally is due to ETF approval, if I am not mistaken. Because of this, many institutional investors brought their money into Bitcoin, and perhaps because of this, the price of Bitcoin gained upward momentum, meaning it rose.
 
 A real bull run will come after halving, which will kill the market. Now this is the cause of only institutional investors. A bull run will happen after Halving, in which no one will be able to expect how far the price of Bitcoin will go.
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Do you really have to ask? There are several indicators of a bull run, with the most well known being the moving averages like 300day, 500 day... Usually when price is above all of them we are in a bull market, but that's not the only thing to look at.
First of all, if bitcoin doesn't make new lows for months, but instead makes higher highs it's a bull market. So when bitcoin went to 16k and then 20k, then 25k, 30k, and so on, with corrections being shallow - it's a bull market.
Next important thing is the timing before the halving. Usually the year of the halving is bullish, it has to be since the reward is getting reduced.
Then there's that old ATH indicator - breaking all time high always means a bull market.
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With the price surge of Bitcoin just in these few months of the year 2024, we cannot say that that was not a bull run because, during the start of the year, Bitcoin was $42k+, but within just an interval of February and March, it already surpassed the previous all-time high, so that was a bull run and not a confirmation of whether the price will continue to surge high or not. We could experience a bull market this month, and the next month the price could become bearish throughout the month up until another month too, and it can also become a bit bullish. In the last two weeks, the price went from $70k+ to $62k, and that was just a bearish move that would have still gone below that, but it never did. Being in the bull season doesn't totally subtract a bearish move; as such, we could either experience more bullish movement in the price of Bitcoin before or after the halving, or the reverse could be the case, but in all, a lot of people are speculating that the highest Bitcoin price peak for the bull season will be met in 2025. 
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

must be prepared for all events that will occur, we do not know whether this has been fully confirmed or not. Bitcoin's current path is different from before, Bitcoin printed its highest price before the halving. quite a significant increase and is now still stable at $70,000. hoping to continue this bull run and print highs again. This will be very profitable for long-term holders. expect more upside and will certainly be very bullish.
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Certainly we are now in the bull run, but the uptrend has multiple levels and not just one level. I expect that we are now only at the beginning and there will be more new levels in the coming periods.
 
What happened in the market this cycle was a surprise to everyone because no one expected the rise before the halving, but because of the ETF this sudden rise occurred and therefore it can be said that this cycle will be different from previous cycles and no one can predict whether this rise will arrive and how long it will last.
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I don't think it is the bullrun that we are expecting that will happen. This is most likely a manipulation in price like what happened not long ago but it decreased later on and once again the price increase. The bullrun happens when the demand increases while the supply is low which is most likely after the halving because the mining reward is halved. If the reward is halved then the new coins being mined is not the same as before.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

All I know about this bull run is that all time high has never been crossed before halving day but today, we have witness it, it could be a manipulation and it could be as a result of excitement, it could also be as a result people trying to be proactive, they don't want to be caught up missing the bull run like in the past years run we have had, they could be preparing before the bull is let out of the cage but as for me, if buy Bitcoin and hold you wouldn't die and you wouldn't suffer anything, if there is anything that can happen is unrealized loss which is nothing unless you sold.

Another thing you should put into consideration is that we have never had institutional investors come out publicly to support Bitcoin but ever since ETF Bitcoin were approved, they are more bullish than people that hold native Bitcoin and they are also granting interview on national TV to make people want to people embrace Bitcoin, this is why everyone are bullish about Bitcoin this time. Like I said, buy and hold if you have the means, the worse that will happen is crash but long time always win.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run.
Wasn't it obvious when the start of this year started from $40k+ and now that it has reached $70k+ and even surpassed the last ATH breaking it after hitting $73k?

Or we can expect even more movement and then the bull run will be confirmed ?
There's more. We're not yet done with the halving and yet the bull run has already started. If you're one of the long term holders, you gotta be patient if you're wanting more. We don't know how high it can be this time but it's possible that we will see $100k just as what we've waited for on the last 2021 cycle.
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Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
We are in the bull season, but it is not without the reality that there could still be some kind of market pull back before the halving occurs. Investors in bitcoins should always be prepared for a pullback in the value of bitcoins because it cannot always be bullish even if we are in a bull season.

Prepare for the emotional aspects of investing in bitcoins, so you do not make a wrong investment decision.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

A bull run is when the market is in continuous uptrend movement with only few price corrections, I would say since the start of last year when the price was below $20K we have been having a steady rise in price and only a few days we witness corrections, so this is fair to say we have been in a bull run since last year even though it is not as impulsive as people take bull run to be.

The halving is like three weeks  away and I don’t see the market changing structure to been bearish rather we will continuously see few corrections which will make it look like a ranging market and probably months after the halving the anticipated impulsive bull run will kick start
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Given that Bitcoin has practically doubled in value over the past few months and it doesn't look like we're seeing a bearish victory in the coming months, I'd say the bull market has begun. If we take into account the upcoming halving, which is also considered an indicator of a growing market, then there are even more reasons to believe that we have already entered the bull phase. However, this does not mean that the possibility of correction is nullified.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

I still don't see it or buy it, it doesn't seem like a Bullrun in my opinion but a temporary skyrocket in the market price of Cryptocurrencies, I think this is pretty normal especially because we are getting near the Bitcoin Halving Event, I said it every time looking at the Bitcoin Halving timeline, every time the Bitcoin halving event is near there are a huge pumps in the market price of Bitcoin and that goes to a lot of altcoins in the market as well, Yes we have seem the market price of Bitcoin increase up to 70k$ which never actually happened before, but if we are going to think about the Bitcoin adaptation in the whole world it is just going to make a lot of sense compared to the past years, Bitcoin really is adapted fast in a lot of countries to the point where we could already see a lot of companies, supporting cryptocurrency, there are even some banks here in my country allowing you to buy and sell cryptocurrencies using there platform. With that and the Bitcoin ETF news I think it is what actually trigger that market price to break the All time high, but after a new on every Halving event that is mostly where we get to see the real Bullrun.

The Bitcoin and other altcoins market saw a bull run start when Bitcoin jumped from $49,000 to $73,000 in early March, surprising many who expected a different trend before the upcoming halving in April. Though, recent changes in the market make it unclear if the expected drop that takes place before every halving will still occur.We're not sure if Bitcoin will follow its usual pattern. I think there will be more ups than downs before the halving, which might confirm the bull run.
Looking at past halving events, I believe the real bull run hasn't happened yet.Still, we have to remember that the market is unpredictable and affected by many external factors. Anything can happen at anytime and we may see something new from Bitcoin. You just have to remember to hold and be patient.



I think we are still inline with the coming Bitcoin halving, a lot of traders are surely going to experience a huge drop in the market on that Bitcoin halving date, then slowly going to enter the Bullrun after that just like in the past timeline of Halving. Just based on the adaptation of cryptocurrency around the world I think it is possible to break 100k$, my opinion was around double so its probably around 140k$ if we are going to get the Bullrun.

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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
Bitcoin bull run could be seen as a period where demand is higher than supply. Historically it happens every four years after the Bitcoin halving because miners' reward will be halved. When the reward is halved there is always less supply which makes the price rise because demand will become greater than supply.

But this year's bull run is unique due to the approval of Bitcoin ETF in the US. This approval has made the demand for Bitcoin to be high due to the purchase of these institutional investors. The effect of this is an early increase in the price of Bitcoin to the extent of beating its ATH before the halving. It is expected that the price would increase after the halving which is predicted to happen in April and Bitcoin might hit $100,000 before the end of the bull run.
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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?

In general, the bull run occurs or starts after the halving event which is scheduled to occur on the 19th, of April approximately. The uptrend that we have seen from Bitcoin in recent months was mostly unexpected because most of us were expecting a slow recovery process up until the halving event, maybe making the price reach around $60k and then taking more pace after the halving is done. However, that didn't happen, and the market went up pretty fast in a few months so it even created a new all-time high even before the halving event.

So, whether this uptrend was a part of the long-anticipated bull run, we can say so because it's only in a bull run that Bitcoin or any other cryptocurrency doest at least 1x of its current value, and since the bull run usually starts a few months after the halving, we are optimistic that we will see something more, more precisely the remaining part of the bull run in the next couple of years.
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The Bitcoin and other altcoins market saw a bull run start when Bitcoin jumped from $49,000 to $73,000 in early March, surprising many who expected a different trend before the upcoming halving in April. Though, recent changes in the market make it unclear if the expected drop that takes place before every halving will still occur.We're not sure if Bitcoin will follow its usual pattern. I think there will be more ups than downs before the halving, which might confirm the bull run.
Looking at past halving events, I believe the real bull run hasn't happened yet.Still, we have to remember that the market is unpredictable and affected by many external factors. Anything can happen at anytime and we may see something new from Bitcoin. You just have to remember to hold and be patient.

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We had bitcoin touching even $70k not long ago. It has almost doubled in few months. Is this the sign of current bull run. Or we can expect even more movement and then the bull run will be confirmed ?
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