Topic: Next bull market comes in June - page 9. (Read 1308 times)
I think this volatility is expected since we've actually not entered the real bull season yet. So, there will be more ups and downs predictably until 2024–2025, according to the history cycle, due to bitcoin's halving. It is true that news will absolutely affect the price and the market condition. Those two pieces of news—the strengthening of the US market and good news from Hong Kong—were absolutely necessary to build our upcoming bull market. However, we also need to anticipate some bad news that could be coming anytime soon, like Mt. Gox, which will distribute the bitcoin payout due to their hacked incident in 2014. I hope it won't ruin our upcoming bull season.
My assumption is that the market will rise to its peak in June, then until the end of the year it will continue to fall until it's lowest point again.
and will start rising again in 2024 when the world economic situation has started to improve.
How did you say this? If you can see how huge we dropped since last year, I am not expecting any dump again starting now. What we just experienced a few days ago is just minor corrections since we already reached $30,000 on Bitcoin.and will start rising again in 2024 when the world economic situation has started to improve.
So, I am expecting to get back on $30,000 after this correction and the run will continue until next year which is the Bitcoin block halving event will happen.
Here is my bold assumption. As the recent cryptocurrency prices continue to drop dramatically, the whole market needs a big time and force to embrace a new bullish period.
It is normal for the crypto currencies prices to drop dramatically, it has been more than a decade when crypto currencies evolve and the prices are really fluctuating. We never know when will be the next bull market, take advantage of the bearish market if you have funds that you can afford to loose then try to invest in crypto currency of your choice and keep it and wait for the next bull market. But always keep in mind that never apply for a loan if you want to invest because you may end up broke.
Here is my bold assumption. As the recent cryptocurrency prices continue to drop dramatically, the whole market needs a big time and force to embrace a new bullish period. As the US strengthens more regulations, more money is looking for a new place to flow into. Recently, Hong Kong held the Web3 festival to show their determination to build a crypto hub in Asia. The new rules and favorable policies on crypto will be implemented in this June. I firmly believe that as long as the new window opens, endless hot money from China mainland and all over the world will be flooding into the crypto market in Hong Kong. All cryptocurrencies will see a bull run for a while. By the way, our project FireDAO is in progress and please feel free to contact me should you have any inquiries.
Any supporting TA for this prediction?
It's not really an analysis made based on charts/numbers, just on trends that the web3 festival can bring I suppose.
I think in May we will see an XRP run and in June we could see a greater altcoin rally. This is due to the SEC case ending. I'm going to put some XRP profits into 0xMR and some new projects listing on exchanges this summer because they have more upside, namely zkSYNC and Q Blockchain.
Assumptions are simply opinions and given that there's no certainty of how will the market behave in general, it wouldn't be advisable to rely on such speculations especially with your investment decisions. Bullish marjet is more assumed to occur next year because of the anticipated halving. It just happened that early this year, an increase occured which quite built a hype to the investors to expect an early uptrend but right now, a correction have occured which surprised them. Best thing to do is to wait for things to calm a bit than to go up against the flow of the market. No one knows when will it exactly occur so atleast be patient for now; that's the best thing to do.
I still believe that it will happen exactly in 2025, not earlier, that is when there will be a full-fledged bull market, which will again break records in capitalization of the whole crypto market, bitcoin will show a new ATH, and all tokens will grow like by leaps and bounds. The bear market has just ended or is about to end. It's too early for things to start rising and too early for everyone to be consumed by bullishness. Plus, I'm sure the big players can still create a big false fall or a fake start to the bull run.
If there is any where new money will flow into crypto it is certainly not from China, from other part of the world, yeah it is inevitable because of the economic situation, people definitely look for alternatives to boost their financial status.
Market is not that easy to predict but from what I read from analyst, it seems the market is on bullish trend but no specific month when it will fully turn around.
Many believe that after China removes the cryptocurrency ban in June, new money will start flowing into the market. You would be wrong to think that investors from China won't start buying different coins. China is now on an economic rebound and is the second largest economy in the world. But I think a bull run might happen before June to sell expensive coins to the Chinese afterwards. Market is not that easy to predict but from what I read from analyst, it seems the market is on bullish trend but no specific month when it will fully turn around.
If there is any where new money will flow into crypto it is certainly not from China, from other part of the world, yeah it is inevitable because of the economic situation, people definitely look for alternatives to boost their financial status.
Market is not that easy to predict but from what I read from analyst, it seems the market is on bullish trend but no specific month when it will fully turn around.
Market is not that easy to predict but from what I read from analyst, it seems the market is on bullish trend but no specific month when it will fully turn around.
Assumptions are simply opinions and given that there's no certainty of how will the market behave in general, it wouldn't be advisable to rely on such speculations especially with your investment decisions. Bullish marjet is more assumed to occur next year because of the anticipated halving. It just happened that early this year, an increase occured which quite built a hype to the investors to expect an early uptrend but right now, a correction have occured which surprised them. Best thing to do is to wait for things to calm a bit than to go up against the flow of the market. No one knows when will it exactly occur so atleast be patient for now; that's the best thing to do.
My assumption is that the market will rise to its peak in June, then until the end of the year it will continue to fall until it's lowest point again.
and will start rising again in 2024 when the world economic situation has started to improve.
and will start rising again in 2024 when the world economic situation has started to improve.
We might already saw the sharp decline but with the current market trend, I think we will go sideways. Pumping for the Month of June is ok, it’s just that there is no guarantee for this even if you supported it with a good statement, anything can still happen.
The fun about crypto is that everybody haves its own predictions. We saw a setback of around 10% which is not so major as we have had a lot worse and as long as we stay above 25,000$ there is no real need to panic. I think everybody hopes for another bullrun and I think the question is not if it will happen but when it will happen.
Haha, I feel the same way, the crypto market is interesting, there are so many mixed opinions. I don't like to make predictions much because it's just a guess, and there's no guarantee our prediction will happen. Instead, I have prepared a plan for 2 scenarios, if bitcoin continues to rise, I will be fine, and if bitcoin falls, I will be even happier because I still have 30% USDT in my wallet to wait for the market to correct. I only target the long term, and I am still waiting for the real bull season after the halving rather than the short term rallies.
The world are seriously experience money challenges in one way to another, which effects cryptocurrency industries, and the current news about China coming into digital currency towards crypto Bull run may take place unexpected time, because no one can give actual Bitcoin price with a specific percentage period of time. But Bull run is sure to come, because the world are seriously moving into technology and digital currency.
Personally, I see that the current market is nearing the end of a short-term uptrend, and we will soon see a sharper decline than now. However, from the perspective of an investor, I quite expect that in the near future there will be more positive signs for the market, perhaps the time when I expect the market's movement to return will be the period. end of 2023, with a new growth cycle of the whole market.
It could be a real bull run in June or even before June as that event will solidify support for cryptos from Asia and it looks like all that support strength will continue to flow.
But it is speculation that we don't know whether it will happen or we still have to wait some more because no one knows when the market will get a bull run.
Whether the event would support the crypto to rise or not affect the market at all, I'd better stay focused on just collecting bitcoins for the future.
By trying to collect bitcoins, I can get profits where profits can come at any time and not wait for events like that.
But it is speculation that we don't know whether it will happen or we still have to wait some more because no one knows when the market will get a bull run.
Whether the event would support the crypto to rise or not affect the market at all, I'd better stay focused on just collecting bitcoins for the future.
By trying to collect bitcoins, I can get profits where profits can come at any time and not wait for events like that.
That was difficult predicted this situation. However, it is important to note that there are many factors that can affect the price of a cryptocurrency, and it is not always easy to predict how these factors will play out.
Regarding regulation in the US, I think this could cause some investors to look for new opportunities outside the US market. I think it's normal.
Now there are many crypto events or festivals for example Dubai or Hong Kong Web3 Festival like you said. The goal as their quest to build a crypto hub in Asia certainly looks promising, and the new crypto rules and policies set to be implemented in June could create a favorable environment for investment in the region.
Regarding regulation in the US, I think this could cause some investors to look for new opportunities outside the US market. I think it's normal.
Now there are many crypto events or festivals for example Dubai or Hong Kong Web3 Festival like you said. The goal as their quest to build a crypto hub in Asia certainly looks promising, and the new crypto rules and policies set to be implemented in June could create a favorable environment for investment in the region.
No one can really predict when will the next bull market will take place. It is already second quarter of the year and the market is really hard to predict. The slow movement of the market is very tricky we do not know if it is going to rug pull or it is going to be bullish. I still believe that the whales has a big participation on the prices of the market and also the investors who used to dump coins to take profit. The best thing to do right now while the market is not bullish is to take advantage on investing coins at a lower value, keep it and wait for the bullish market come.
Here is my bold assumption. As the recent cryptocurrency prices continue to drop dramatically, the whole market needs a big time and force to embrace a new bullish period. As the US strengthens more regulations, more money is looking for a new place to flow into. Recently, Hong Kong held the Web3 festival to show their determination to build a crypto hub in Asia. The new rules and favorable policies on crypto will be implemented in this June. I firmly believe that as long as the new window opens, endless hot money from China mainland and all over the world will be flooding into the crypto market in Hong Kong. All cryptocurrencies will see a bull run for a while. By the way, our project FireDAO is in progress and please feel free to contact me should you have any inquiries.
How can you sure about that? im stillbeliving if the crypto market is still unpredictable this time. It will remain unpredictable forever. The bullish time has no ETA to come. So many people were not accurately predicting the bullish trend happened with bitcoin.
Im thinking the same with altcoins right now as altcoins are only following bitcoin at this moment. It seems like that if it's gonna hard thing to predict.
Im thinking the same with altcoins right now as altcoins are only following bitcoin at this moment. It seems like that if it's gonna hard thing to predict.
We might already saw the sharp decline but with the current market trend, I think we will go sideways. Pumping for the Month of June is ok, it’s just that there is no guarantee for this even if you supported it with a good statement, anything can still happen.
The fun about crypto is that everybody haves its own predictions. We saw a setback of around 10% which is not so major as we have had a lot worse and as long as we stay above 25,000$ there is no real need to panic. I think everybody hopes for another bullrun and I think the question is not if it will happen but when it will happen.
I honestly thinking that the bullrun is still rather far away, considering the fact that current trend of bitcoin is still doing sideways, and if i remember correctly in the past the sideways was lasting for quite a long time maybe a year, but then massive bullrun follows, I think it will be the same and maybe bullrun comes next year.
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