Topic: Next Bitcoin Bull Run: Is It Tied to the Next Halving? - page 2. (Read 577 times)
I would be lying if I say I’ll never be expecting a bull run after this bitcoin halving. For most of us here, I think bull run may be tied to bitcoin halving event. But I’m not saying that if there’s no bitcoin halving that’s supposed to happen, then we will never witness another bull run. Of course, it always depends on the factors affecting the market’s condition. If there will be a sudden price hike that will consistently appear in the market, then most possibly it will lead to another bitcoin bull run. However, know that those previous bitcoin bull run have happened after the bitcoin halving event. So if we will witness bitcoin halving this 2024, then probably the next bitcoin bull run will be on 2025. That’s not far from happening I guess.
From my little research and findings bull run does not necessarily means that the price must surpass the last all time high but it definitely would surpass the initial price to which it was before the bull run. So technically, it is best one accumulates enough Bitcoin as it is now at the lower price and doing that you already know that would yield some more big profit and Note this is not a financial advise.
While it is not a must to reach a new all time high for a movement to be called a bull run, it is necessary to instill confidence on the market, after all bitcoin went from 3k which was its lowest point during the previous bear market to 69k, now the bottom during this cycle was 15k, if bitcoin was unable to reach a new ATH this will raise some red flags, as it should be easier to reach 69k than in the past, and if the demand does not have the strenght to make the price that high then this could be a sign about the popularity of bitcoin declining. 
Not exactly that the bull run is programmed or tied to Bitcoin's halving, but rather the psychological part of it on investors that Bitcoin gets cut into halves and the inflation rate reduced, instigating the buying pressure that brings about a bull market thereafter.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
I don't think anything programming is attached to the bullrun but is it generally speculated that after halving comes bull run because and that has been so over the we years and I don not think there would be any difference from the previous this time. Although it might likely not not go beyond the last all time high but the price is expected to grow or bull than its current state when it's time for the halving.
Although all these are just speculations from different quarters but I believe the notion has already been there long before now and whenever it gets to that point, the demand for Bitcoin surges and that alone makes the price for Bitcoin surges higher than it was.
So therefore, I have no doubt the next bull run will be different from other previous ones that have already occurred.
It's safe to follow the trend, as typically after the halving, the price of Bitcoin rises. The next halving is scheduled for April 25, 2024. It might be a good idea to start accumulating Bitcoin next year, as Bitcoin's price is currently not at its lowest. Although the price has stabilized in the range of $29k to $30k, there's a possibility that it could still drop before the next bull run occurs. Timing is crucial if we're aiming for significant profits, not this year but the next, because halving usually brings positive news.
However, if you're a short-term trader, no specific date or year is important, as the market is volatile. You can trade on any given date.
Of course timing is crucial when it comes to Bitcoin investment and doing it now would put you on the right track. As it is currently, now is the right time to accumulate more Bitcoin as the price is on the lower side. While we approach the halving next year there is always uncertainty which would trigger market actions either on the buying side or the selling side either way, both work for the good of price action as the demand and other factors would definitely come in play. Just like you have said, surely we are looking forward to seeing and hearing the good news come halving next year.
Of course, reducing the block reward after each halving actually limits the new supply of Bitcoin, contributing to a situation of relative scarcity that makes buyers and investors feel more interested and willing to buy. enter.
Plus, market sentiment can create a self-executing bull loop. When market participants see that the price tends to increase after each halving, they can create expectations for a further rally and decide to buy, increasing the price further. This can also stimulate the entry of new people and create a bull cycle in the future.
Plus, market sentiment can create a self-executing bull loop. When market participants see that the price tends to increase after each halving, they can create expectations for a further rally and decide to buy, increasing the price further. This can also stimulate the entry of new people and create a bull cycle in the future.
The price of BTC is definitely tied to bitcoin halving because the mining reward keeps decreasing in ever halving.
So it makes sense that bitcoin price will grow after every bitcoin halving. The rate at which new coins enter the market keeps diminishing causing the surge in BTC price.
But we can't accurately predict when the price will increase and so it's better to buy more before the halving.
We have recovered well from the bottom of bear market and so I think now would be a good time to start buying.
So it makes sense that bitcoin price will grow after every bitcoin halving. The rate at which new coins enter the market keeps diminishing causing the surge in BTC price.
But we can't accurately predict when the price will increase and so it's better to buy more before the halving.
We have recovered well from the bottom of bear market and so I think now would be a good time to start buying.
Not exactly that the bull run is programmed or tied to Bitcoin's halving, but rather the psychological part of it on investors that Bitcoin gets cut into halves and the inflation rate reduced, instigating the buying pressure that brings about a bull market thereafter.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
I don't think anything programming is attached to the bullrun but is it generally speculated that after halving comes bull run because and that has been so over the we years and I don not think there would be any difference from the previous this time. Although it might likely not not go beyond the last all time high but the price is expected to grow or bull than its current state when it's time for the halving.
Although all these are just speculations from different quarters but I believe the notion has already been there long before now and whenever it gets to that point, the demand for Bitcoin surges and that alone makes the price for Bitcoin surges higher than it was.
So therefore, I have no doubt the next bull run will be different from other previous ones that have already occurred.
It's safe to follow the trend, as typically after the halving, the price of Bitcoin rises. The next halving is scheduled for April 25, 2024. It might be a good idea to start accumulating Bitcoin next year, as Bitcoin's price is currently not at its lowest. Although the price has stabilized in the range of $29k to $30k, there's a possibility that it could still drop before the next bull run occurs. Timing is crucial if we're aiming for significant profits, not this year but the next, because halving usually brings positive news.
However, if you're a short-term trader, no specific date or year is important, as the market is volatile. You can trade on any given date.
Of course timing is crucial when it comes to Bitcoin investment and doing it now would put you on the right track. As it is currently, now is the right time to accumulate more Bitcoin as the price is on the lower side. While we approach the halving next year there is always uncertainty which would trigger market actions either on the buying side or the selling side either way, both work for the good of price action as the demand and other factors would definitely come in play. Just like you have said, surely we are looking forward to seeing and hearing the good news come halving next year.
In terms of timing, every investor or trader has their own timing as we each have our own speculation based on personal analysis. However, when considering the big picture, I'm quite sure that as experienced investors, we would agree that buying now or at any point as long as the price remains lower than the current all-time high, will likely result in a decent profit once the next bull run arrives. It's probable that it will surpass the current all-time high and increase significantly before the market enters a correction stage again.
Not exactly that the bull run is programmed or tied to Bitcoin's halving, but rather the psychological part of it on investors that Bitcoin gets cut into halves and the inflation rate reduced, instigating the buying pressure that brings about a bull market thereafter.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
I don't think anything programming is attached to the bullrun but is it generally speculated that after halving comes bull run because and that has been so over the we years and I don not think there would be any difference from the previous this time. Although it might likely not not go beyond the last all time high but the price is expected to grow or bull than its current state when it's time for the halving.
Although all these are just speculations from different quarters but I believe the notion has already been there long before now and whenever it gets to that point, the demand for Bitcoin surges and that alone makes the price for Bitcoin surges higher than it was.
So therefore, I have no doubt the next bull run will be different from other previous ones that have already occurred.
It's safe to follow the trend, as typically after the halving, the price of Bitcoin rises. The next halving is scheduled for April 25, 2024. It might be a good idea to start accumulating Bitcoin next year, as Bitcoin's price is currently not at its lowest. Although the price has stabilized in the range of $29k to $30k, there's a possibility that it could still drop before the next bull run occurs. Timing is crucial if we're aiming for significant profits, not this year but the next, because halving usually brings positive news.
However, if you're a short-term trader, no specific date or year is important, as the market is volatile. You can trade on any given date.
Of course timing is crucial when it comes to Bitcoin investment and doing it now would put you on the right track. As it is currently, now is the right time to accumulate more Bitcoin as the price is on the lower side. While we approach the halving next year there is always uncertainty which would trigger market actions either on the buying side or the selling side either way, both work for the good of price action as the demand and other factors would definitely come in play. Just like you have said, surely we are looking forward to seeing and hearing the good news come halving next year.
No one knows when the next bull run will come. We can only prepare for its arrival by accumulating more Bitcoins from now on. It could be the bull run coming before or after the halving comes but it could be after a year of the halving then the bull run will come.
The next halving will affect the next bull run and there is a possibility that it will trigger the price to increase very much. Meanwhile, we can only check the indicators on the market to find out if there is a surge in demand and supply so that we can know or predict what will happen next.
So it's better to focus on collecting more Bitcoins for now because it will affect how much profit you can make in the next bull run. And don't panic if you read negative news on social media so you can make the most of the moment. We need to remain patient in waiting for the bull run to come.
The next halving will affect the next bull run and there is a possibility that it will trigger the price to increase very much. Meanwhile, we can only check the indicators on the market to find out if there is a surge in demand and supply so that we can know or predict what will happen next.
So it's better to focus on collecting more Bitcoins for now because it will affect how much profit you can make in the next bull run. And don't panic if you read negative news on social media so you can make the most of the moment. We need to remain patient in waiting for the bull run to come.
Not exactly that the bull run is programmed or tied to Bitcoin's halving, but rather the psychological part of it on investors that Bitcoin gets cut into halves and the inflation rate reduced, instigating the buying pressure that brings about a bull market thereafter.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
I don't think anything programming is attached to the bullrun but is it generally speculated that after halving comes bull run because and that has been so over the we years and I don not think there would be any difference from the previous this time. Although it might likely not not go beyond the last all time high but the price is expected to grow or bull than its current state when it's time for the halving.
Although all these are just speculations from different quarters but I believe the notion has already been there long before now and whenever it gets to that point, the demand for Bitcoin surges and that alone makes the price for Bitcoin surges higher than it was.
So therefore, I have no doubt the next bull run will be different from other previous ones that have already occurred.
It's safe to follow the trend, as typically after the halving, the price of Bitcoin rises. The next halving is scheduled for April 25, 2024. It might be a good idea to start accumulating Bitcoin next year, as Bitcoin's price is currently not at its lowest. Although the price has stabilized in the range of $29k to $30k, there's a possibility that it could still drop before the next bull run occurs. Timing is crucial if we're aiming for significant profits, not this year but the next, because halving usually brings positive news.
However, if you're a short-term trader, no specific date or year is important, as the market is volatile. You can trade on any given date.
93% of all bitcoins have already been mined, and each next halving has 50% less effect on reduction of block reward, so obviously we can't expect bull runs to be synchronised with halvings forever. But I imagine the next halving (expected April/May 2024) will still be the catalyst for the next rally, even simply because of the psychological factor. If everyone expects something to happen, it could create the "self fulfilling prophecy" scenario. And, of course, 50% less selling pressure from the miners will also have a positive impact.
That 'self-fulfilling prophecy' thing is basically what drives the market up and down because the market moves based on supply and demand and when the whole market stops demanding when there are only suppliers, the market tends to go down, on the other hand, when there is more demand than the suppliers, those demanding will get ready to give more money to get the available supply which drives the market up and that is what also brings the bull run.The halving might help to reduce the upcoming circulating supply but the actual reason behind the bull market is what I explained above, people wait until the halving is near and they start buying around that time which pumps the market and it goes very high, and once it reaches the peak, everyone starts selling to take profit and no one wants to buy higher so the market starts to crash once again.
Not exactly that the bull run is programmed or tied to Bitcoin's halving, but rather the psychological part of it on investors that Bitcoin gets cut into halves and the inflation rate reduced, instigating the buying pressure that brings about a bull market thereafter.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
We may get or may not get the usual super bull run, where we do see crazy price movement because of diminishing returns, an example is seen from the previous bull market where almost everyone was expecting the price to go way high $100k-$250k per BTC.
I don't think anything programming is attached to the bullrun but is it generally speculated that after halving comes bull run because and that has been so over the we years and I don not think there would be any difference from the previous this time. Although it might likely not not go beyond the last all time high but the price is expected to grow or bull than its current state when it's time for the halving.
Although all these are just speculations from different quarters but I believe the notion has already been there long before now and whenever it gets to that point, the demand for Bitcoin surges and that alone makes the price for Bitcoin surges higher than it was.
So therefore, I have no doubt the next bull run will be different from other previous ones that have already occurred.
Hey fellow crypto enthusiasts,
I hope everyone is doing well and staying excited about the ever-evolving world of cryptocurrencies! Lately, I've been pondering a question that I'm sure many of us have on our minds: when can we expect the next Bitcoin bull run? Could it potentially coincide with the next Bitcoin halving? Let's dive into this intriguing topic and share our thoughts.
For those unfamiliar, the Bitcoin halving is an event that occurs approximately every four years, where the number of new Bitcoins mined per block is reduced by half. This mechanism is coded into Bitcoin's protocol and is designed to control its supply and maintain scarcity over time. Previous halvings, such as the ones in 2012 and 2016, were followed by significant price increases and bull runs that captured the attention of the entire financial world.
With the next Bitcoin halving on the horizon, scheduled to happen around [estimated date], many are wondering if history will repeat itself. Will the reduction in the rate of new Bitcoin issuance spark a renewed interest and demand, potentially triggering the next bull market? Or has the market matured in a way that makes these correlations less predictable?
It's worth noting that while previous halvings have been associated with bullish trends, there are numerous other factors at play in the cryptocurrency market. These include regulatory developments, technological advancements, macroeconomic conditions, institutional adoption, and shifts in investor sentiment, just to name a few. The dynamics of the market have become more intricate over time, making it difficult to attribute price movements solely to the halving event.
So, what are your thoughts? Do you believe that the next Bitcoin bull run is likely to follow the upcoming halving, or do you think the market has evolved beyond such a simple pattern? Are there any other indicators or factors that you're closely watching? Let's share our insights and engage in a constructive discussion on this fascinating topic.
Remember, none of us can predict the future with absolute certainty, but by combining our knowledge and perspectives, we can gain a deeper understanding of the complex forces driving the cryptocurrency market. Let's keep the conversation respectful and open-minded as we explore the possibilities together.
Looking forward to hearing your opinions and theories!
I hope everyone is doing well and staying excited about the ever-evolving world of cryptocurrencies! Lately, I've been pondering a question that I'm sure many of us have on our minds: when can we expect the next Bitcoin bull run? Could it potentially coincide with the next Bitcoin halving? Let's dive into this intriguing topic and share our thoughts.
For those unfamiliar, the Bitcoin halving is an event that occurs approximately every four years, where the number of new Bitcoins mined per block is reduced by half. This mechanism is coded into Bitcoin's protocol and is designed to control its supply and maintain scarcity over time. Previous halvings, such as the ones in 2012 and 2016, were followed by significant price increases and bull runs that captured the attention of the entire financial world.
With the next Bitcoin halving on the horizon, scheduled to happen around [estimated date], many are wondering if history will repeat itself. Will the reduction in the rate of new Bitcoin issuance spark a renewed interest and demand, potentially triggering the next bull market? Or has the market matured in a way that makes these correlations less predictable?
It's worth noting that while previous halvings have been associated with bullish trends, there are numerous other factors at play in the cryptocurrency market. These include regulatory developments, technological advancements, macroeconomic conditions, institutional adoption, and shifts in investor sentiment, just to name a few. The dynamics of the market have become more intricate over time, making it difficult to attribute price movements solely to the halving event.
So, what are your thoughts? Do you believe that the next Bitcoin bull run is likely to follow the upcoming halving, or do you think the market has evolved beyond such a simple pattern? Are there any other indicators or factors that you're closely watching? Let's share our insights and engage in a constructive discussion on this fascinating topic.
Remember, none of us can predict the future with absolute certainty, but by combining our knowledge and perspectives, we can gain a deeper understanding of the complex forces driving the cryptocurrency market. Let's keep the conversation respectful and open-minded as we explore the possibilities together.
Looking forward to hearing your opinions and theories!
Just have to point out that we are in the bull market already! Technically, bull market has started right after we reached the lowest point of the cycle. This bull is still young, but historically it's going to mature around halving time.
Of course, we can't predict the future, but Bitcoin cycles are still valid (kind of). As to the ATH, it can come some 1-2 months earlier (remember November 2021 top?) and will reach at least $70k x 2 = $140k. This is a very conservative estimate or a "worst case scenario".
In subjects or topics like this, I've always been of the opinion that bull runs are not tied to Bitcoin halving, and that the fact that we have always experienced a bull season during every bitcoin halving season is not an indication that such thing is established and will continue like that forever, NO, I've always said it that, at some point in time, Bitcoin halving will come and go normally and the price of bitcoin will not move upward an inch, at this time, it simply means the market have matured and bull runs are no longer triggered by simple things like halving.
But then, the thing now is that we really can not tell when the market have matured to that level where halving is no longer a catalyst for bitcoin to move up in price, maybe the market is matured now, maybe the market is not yet matured but will in the future, no body can really tell, only when the halving comes and goes, what happens will tell if bull runs have moved away from bitcoin halving or not, meanwhile, we should never forget to only invest as much as we can afford to lose, most especially, if you are investing in Altcoins.
But then, the thing now is that we really can not tell when the market have matured to that level where halving is no longer a catalyst for bitcoin to move up in price, maybe the market is matured now, maybe the market is not yet matured but will in the future, no body can really tell, only when the halving comes and goes, what happens will tell if bull runs have moved away from bitcoin halving or not, meanwhile, we should never forget to only invest as much as we can afford to lose, most especially, if you are investing in Altcoins.
I believe what you say will happen at some point. I agree that the block reward halving is being a big catalyst for the price of bitcoin but it is not the main factor. The value of any asset is determined by supply and demand, without demand, even with a limited supply, it becomes useless. So as bitcoin becomes more mature, and less manipulated, the halving will no longer affect or will cease to be what we would expect to trigger a bull market. But for now, we shouldn't deny the important role of the halving.
In subjects or topics like this, I've always been of the opinion that bull runs are not tied to Bitcoin halving, and that the fact that we have always experienced a bull season during every bitcoin halving season is not an indication that such thing is established and will continue like that forever, NO, I've always said it that, at some point in time, Bitcoin halving will come and go normally and the price of bitcoin will not move upward an inch, at this time, it simply means the market have matured and bull runs are no longer triggered by simple things like halving.
But then, the thing now is that we really can not tell when the market have matured to that level where halving is no longer a catalyst for bitcoin to move up in price, maybe the market is matured now, maybe the market is not yet matured but will in the future, no body can really tell, only when the halving comes and goes, what happens will tell if bull runs have moved away from bitcoin halving or not, meanwhile, we should never forget to only invest as much as we can afford to lose, most especially, if you are investing in Altcoins.
I feel like it will definitely continue forever. I do not see a reason why it shouldn't happen again and again. Not like we are going to face anything different, everything is similar and that is why we should be seeing it do a lot better than people think.But then, the thing now is that we really can not tell when the market have matured to that level where halving is no longer a catalyst for bitcoin to move up in price, maybe the market is matured now, maybe the market is not yet matured but will in the future, no body can really tell, only when the halving comes and goes, what happens will tell if bull runs have moved away from bitcoin halving or not, meanwhile, we should never forget to only invest as much as we can afford to lose, most especially, if you are investing in Altcoins.
Why do you think that it went from 15k levels to 30k levels already, and the closer we get to halving the higher we will get as well and after halving we are going to see it grow even more and more eventually as well. This is going to matter a lot, and we are going to see the same thing happen again. Of course it is not going to be a simple thing, and we are going to end up with a bit of difference on percentage, but the movement will be towards higher price for sure.
With the next Bitcoin halving on the horizon, scheduled to happen around [estimated date], many are wondering if history will repeat itself. Will the reduction in the rate of new Bitcoin issuance spark a renewed interest and demand, potentially triggering the next bull market? Or has the market matured in a way that makes these correlations less predictable?
It's worth noting that while previous halvings have been associated with bullish trends, there are numerous other factors at play in the cryptocurrency market. These include regulatory developments, technological advancements, macroeconomic conditions, institutional adoption, and shifts in investor sentiment, just to name a few. The dynamics of the market have become more intricate over time, making it difficult to attribute price movements solely to the halving event.
There could be a big news for the next halving, and I'm talking about the possibility to see several bitcoin spot ETFs approved, something that never happened before: if that was the case then we could see a bull run even before the halving because probably several of these funds will start buying and accumulating while the price is still low otherwise it will be them that will drive the price up like crazy. It's worth noting that while previous halvings have been associated with bullish trends, there are numerous other factors at play in the cryptocurrency market. These include regulatory developments, technological advancements, macroeconomic conditions, institutional adoption, and shifts in investor sentiment, just to name a few. The dynamics of the market have become more intricate over time, making it difficult to attribute price movements solely to the halving event.
bitcoin price is hugely affected by sentiments. i think if bitcoin is already 100% minted now then the price will continue to rise due to the deflation effect and growing number of bitcoin adoption, this is technical reason. today bitcoin is not 100% minted yet which means that the supply in the market is increasing. but today bitcoin price is still tend to rise which means bitcoin adoption rate is big enough to increase the number of demand. in this condition, when halving event happen the increasing btc supply in the market will decrease which means it will make the power of the demand even stronger. this situation will attracts more investors to invest in bitcoin which will make the power of demand even stronger again and again. this will create more positive sentiments to attracts more investors, more and more until it reach the equilibrium. so the conclusion is the halving event will create snow ball effect in the market. that's my opinion.
Bull run are not specifically tied to bitcoin halving, but however reason why many people believe that bull run always comes after Bitcoin halving is because, during each halving, the seize of the block rewards are reduced and by so doing to total rewards on each blocks becomes smaller and that make for more scarcity that will increase the value since the supply will become smaller that the demands and that could become a trigger for price hyke which ultimately will become a full blown bull market.
So for that, the bitcoin bull market can happen anytime, but Bitcoin halving is a measure trigger for a bull run but not the primary or sole reason for bull run.
So for that, the bitcoin bull market can happen anytime, but Bitcoin halving is a measure trigger for a bull run but not the primary or sole reason for bull run.
So, what are your thoughts? Do you believe that the next Bitcoin bull run is likely to follow the upcoming halving, or do you think the market has evolved beyond such a simple pattern?
It has evolved somehow but it's always that the cycle portrays how the next bull run will come. Are there any other indicators or factors that you're closely watching? Let's share our insights and engage in a constructive discussion on this fascinating topic.
None at all but just the cycles and halving and bit of news.Remember, none of us can predict the future with absolute certainty, but by combining our knowledge and perspectives, we can gain a deeper understanding of the complex forces driving the cryptocurrency market. Let's keep the conversation respectful and open-minded as we explore the possibilities together.
Looking forward to hearing your opinions and theories!
Right, the last bull run was quite different because the gain was astronomical. But if we're going to look at the charts, it should really is but it's based on long term gains unlike the 2021 bull run which was the most impressive so far. Looking forward to hearing your opinions and theories!
This is most likely the future of the bull runs caused by the halving, the halving is becoming less and less significant as miners are becoming more reliant on the fees they get from each block they mine, however it is to be expected that a residual effect will still last for a very long time and after each halving there is a moderate increase in price, even if this is not justified anymore as speculators will push the price up high enough for retail traders to notice and join the movement.
It is possible that future halvings will act as starting points for bull runs even if they themselves will no longer have any significant effect on the supply, but I don't think that could last for too long. We might see one or two bull runs fuelled primarily by psychology (aka investors' feelings) but in the long-run there would have to be some more solid reason to trigger price rally. I expect in the future BTC's price would act more like price of stocks and will be affected mostly by news and economic environment.
You are right about unpredictability but it's always tied to halving. The bull run either starts months before or close to its date and after a year the bear market also starts just as we always experienced in the past. This year however is seem early because we hit $30k while it's just early 2023 while halving is next year.
If we reach $40k by this year, it's really going to be what they speculate to be a super cycle. Hoping or it to happen.
Jump to: