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Topic: This bitcoin bull market isn't over yet ! (Read 676 times)

hero member
Activity: 3080
Merit: 603
April 11, 2024, 04:22:35 PM
#67
We keep seeing the current trend until next year, that is what I thought and we can just say it was over when the entire market went red again. But now, we just enjoy the greenish season of the market and take this chance to earn more profit.

As the halving event comes too close, the more we think of a huge pump in Bitcoin price. On any of these days, we can possibly see the price of Bitcoin will reach $80k (or even more). Halving has a huge influence on the mindset of the people and this encourages us to buy more and hold rather than thinking about selling earlier before ATH.
We will see even more. With the resiliency of Bitcoin, we're able to see how quickly the price increases that is coming on it. That's why if we're approaching with the halving, we're also waiting for the impact of the halving and for that reason many might be out already when they've seen $80k-$100k. But for me, I'd wait for more and this is not because I am greedy and that is because I am believing more with its potential and we're already here so why not wait any longer?
hero member
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This is the highest position that the Bitcoin market is currently in. We have seen a lot of volatility in the market since the Bitcoin market peaked in 2021 with a lot of market dumping. But the market is once again heavily pumped just before the Bitcoin halving in 2024. We know bitcoin halving is just a few days away so we will see bitcoin halving and when block halving bitcoin demand will increase. As the Bitcoin market will reach the bull season after the halving, and we all assume that the price of BTC is likely to go above $80k dollars before the halving. And Bitcoin halving is only a week away, then the demand for that BTC will increase a lot and people will invest a lot more. and when Bitcoin halving enters the bull season right then Bitcoin price will surely touch $150k.

There's no impossible chances that it would reach for that very promising value mate, but for now we should consider the resistance pulling over the market. Bearish market is still undertaking despite the fact that we're on the edge of success. It made me remember those days that I wasted all my btc assets just for fiat, on memories reminds me of that nightmares selling without thinking about what the future may bring. I was only focus that time with altcoins which ultimately a bad decisions I've made of my entire life.
sr. member
Activity: 1008
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We keep seeing the current trend until next year, that is what I thought and we can just say it was over when the entire market went red again. But now, we just enjoy the greenish season of the market and take this chance to earn more profit.

As the halving event comes too close, the more we think of a huge pump in Bitcoin price. On any of these days, we can possibly see the price of Bitcoin will reach $80k (or even more). Halving has a huge influence on the mindset of the people and this encourages us to buy more and hold rather than thinking about selling earlier before ATH.
The coming halving is going to make the price of Bitcoin so skyrocket that is why we have been seeing many investors trying to accumulate enough Bitcoin so that the reward can be massive during the bull market. We can earn more from holding Bitcoin or other altcoins that can have a great profit for holders since that have been the expectation of everyone investing in the crypto market.
We want to make profits and for us to make the earning, it is important we invest for a better future in cryptocurrency.
sr. member
Activity: 672
Merit: 321
I like to treat everyone as a friend 🔹
This is the highest position that the Bitcoin market is currently in. We have seen a lot of volatility in the market since the Bitcoin market peaked in 2021 with a lot of market dumping. But the market is once again heavily pumped just before the Bitcoin halving in 2024. We know bitcoin halving is just a few days away so we will see bitcoin halving and when block halving bitcoin demand will increase. As the Bitcoin market will reach the bull season after the halving, and we all assume that the price of BTC is likely to go above $80k dollars before the halving. And Bitcoin halving is only a week away, then the demand for that BTC will increase a lot and people will invest a lot more. and when Bitcoin halving enters the bull season right then Bitcoin price will surely touch $150k.
hero member
Activity: 2632
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Jack of all trades 💯
Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.
Everyone is quite excited to see the price of Bitcoin at $100k but the question is if we can manage to hold our Bitcoin until it comes. Or the majority are selling when it was just react at $80k.

Those who think is over are those people who are selling their Bitcoin already. They just want the market to dump again rather than see the price go high and feel absolute regret. But those who hold always have their faith and believe that Bitcoin price will reach new ATH. Well, believe that history repeats itself and it was been witnessed before that bull season is over almost 1 year after halving (correct me if I'm wrong).

Maybe its situational basis since if there's a good indicator that bitcoin price would get a chance to go at that price then provably majority of people will hold until they can see that figures to come. But if there's some trouble that can potentially stop the bull run and triggers some corrections that possibly happen then maybe this can ignite the want of people to secure their profit since for sure that they don't want to experience to get trapped again if a heavy bearish trend will occur especially if the halving hype is done or the new ATH has been reached.

But we don't know yet the exact thing to happen so maybe lets look forward on the latest happening in future to see what possible action is best to do.
sr. member
Activity: 2436
Merit: 343
We keep seeing the current trend until next year, that is what I thought and we can just say it was over when the entire market went red again. But now, we just enjoy the greenish season of the market and take this chance to earn more profit.

As the halving event comes too close, the more we think of a huge pump in Bitcoin price. On any of these days, we can possibly see the price of Bitcoin will reach $80k (or even more). Halving has a huge influence on the mindset of the people and this encourages us to buy more and hold rather than thinking about selling earlier before ATH.
sr. member
Activity: 1456
Merit: 326
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Basically it is very difficult to predict the Bitcoin market because since the end of 2023 the Bitcoin market has been growing tremendously. Therefore, those who invest when the Bitcoin market is on the upswing can often see that they cannot make as much money if they invest at that time, so it is very important to check the Bitcoin market and invest. Of course, with the way the Bitcoin market is rising, expect the Bitcoin market to almost break its record, so it's not too late for those investing in Bitcoin to do so quickly.

It is not easy to know about market but you can check the current price and then make a decision according to news and prediction. Like everyone knows that halving is near which will give a chance of selling at greater cost so if someone is still waiting then he Don't want to trust prediction or is wasting his time as halving will only bring good news that will only be better for selling.

No one has lost buying opportunity as now market is not as higher as that will be after halving therefore buy now if you want satisfaction from your investment. Bitcoin investment is much dependent on your amount of money and people focus more on Fluctuations instead of thinking that during their desire timing will there be any amount with them or not.
legendary
Activity: 2338
Merit: 1084
zknodes.org
The bitcoin bull market is obviously still happening up to now. We can see that despite of some price correction, bitcoin price still recover quickly until it gets another significant price increase before halving comes. This shows that we are still in the early bull run, and how long this market will be, it’s clearly we can’t tell. The only certain thing here is, as soon as bitcoin halving is over, then it’s more expected for bitcoin to create another good price increase consistently until it reaches the final bull run in the market.
bitcoin's trend is still quite good and now the price of bitcoin is almost touching $70,000 again. of course this is an extraordinary moment, when the bitcoin correction is not too far away and is still holding at the last ATH, this will make bitcoin volume increase as more and more investors start to enter bitcoin. The halving will happen soon, but we need to be prepared for the downturn that will occur after the halving. it's still normal, it just needs a correction and bitcoin will rise again. Nothing is certain, everything is still speculation and it will be determined by many factors.
sr. member
Activity: 616
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Forum Only For Fun
I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.

Questions that attract attention and need to be heard what people think about ATH at this time may be the last.
I cannot answer and cannot justify whether the ATH will be the last ATH because basically I don't really understand the highest achievement of the price of Bitcoin. During this time I just felt the highest price of Bitcoin at $73,777 and from the circulating specuses, the next Bitcoin Atth target was at the price of $100,000 which became the closest prekdiction.

If it is gone to everything it might happen even including the last ATH. I hope it is not true because my age is still short with the owner of Bitcoin who has been with Bitcoin for a long time.
Even if it is true that ATH that will be achieved will be the last Ath Bitcoin, I am still a lucky person because Bitcoin will not change as a hedge asset.
hero member
Activity: 3094
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BTC to the MOON in 2019
Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.
Everyone is quite excited to see the price of Bitcoin at $100k but the question is if we can manage to hold our Bitcoin until it comes. Or the majority are selling when it was just react at $80k.

Those who think is over are those people who are selling their Bitcoin already. They just want the market to dump again rather than see the price go high and feel absolute regret. But those who hold always have their faith and believe that Bitcoin price will reach new ATH. Well, believe that history repeats itself and it was been witnessed before that bull season is over almost 1 year after halving (correct me if I'm wrong).
legendary
Activity: 3276
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Who confirmed it's over? Whatever we have seen so far might just be a fraction of it because the timing was off. We were not expecting Bitcoin to hit a new all-time high this early but it did do that, however, that doesn't mean it's the end and we are done here. The all-time high doesn't mark the end of the bull run, the halving event is yet to come and we have to see what happens after that.

Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.
the all time high getting achieved earlier than expected is nothing but a good omen to be honest, if people are considering current price which is $70k to be the peak they are rather overly pessimistic it seems, therefore I don't think that this bullrun just gonna peaks around $70k, there's a big chance that the price gonna go beyond that simply because there are many success that bitcoin ETF recently achieving its such a good sign that bitcoin has the potential to go as high as $100k or beyond.
whatever price correction there might be in the future, i believe that its still worth investing and accumulate, the price gonna go beyond of what people expected it to be just like before when people think $50k is the peak, bitcoin instead just going through the roof and defy many people expectation, this time around such thing gonna be happening again.
legendary
Activity: 3066
Merit: 1129
When people are suspicious about the end of bull run, I am pretty sure that it hasn't even properly started yet. We are going to see 100k+ this year probably, if not probably we will see it next year. I think it's quite obvious that breaking over all time high gave people some laziness because we have reached the place we expected to reach this December, meaning that we are many months earlier right now and that means something in the end.

I personally blame the situation on the big ETF buyers, those did make it go up way earlier than it should. However, at the end of the day we are talking about a situation that could change something if we are careful and that is why I think that it should not be something that will take some time, let it be known that way.
sr. member
Activity: 2296
Merit: 348
if it does lowering prices then it just constitute with some kind  of retracement or market correction. Because what happen is that price will be manipulated so that it will create fear again and investors won't buy. But instead price will rally again, once the price is too high or premium enough, then those who bought on lower prices is expected of course to take their profits.

With that large amount taken from the market, price will drop. And if the buying volume cannot compensate with the selling pressure, then price going lower will be expected. But otherwise until it hasn't happened yet, you should be expecting higher prices on bitcoin.
The people's negative thinking can cause the price to decline. We experience some corrections from time to time but I don't think it was the reason. It may be because some people are enjoying their gains now. Manipulations are always there but people can grow and same people won't fall on that trap again.

This makes the price rally instead of dumped, although even if we experienced a dumped, the price can still recover because manipulators and some regular individuals are buying during it. The situation we have right now is bullish and can continue like this for quite a long time. Those who invest early and continue hodling are lucky.
hero member
Activity: 2926
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I personally seem to be of the opinion that the Bullrun has just begun. And it's still long enough to say it will end. but I don't have much experience in bullrun markets before. so maybe I could be wrong. It's just that I match previous periods in the market. Although after the halving there may sometimes be a temporary correction. but after that the real increase will occur. So I think it's still time to keep holding our bitcoin if the goal is only a medium-term investment. but if the goal is long-term investment then I think we don't need to worry about market movements at this time.
The bitcoin bull market is obviously still happening up to now. We can see that despite of some price correction, bitcoin price still recover quickly until it gets another significant price increase before halving comes. This shows that we are still in the early bull run, and how long this market will be, it’s clearly we can’t tell. The only certain thing here is, as soon as bitcoin halving is over, then it’s more expected for bitcoin to create another good price increase consistently until it reaches the final bull run in the market.
sr. member
Activity: 1498
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Who confirmed it's over? Whatever we have seen so far might just be a fraction of it because the timing was off. We were not expecting Bitcoin to hit a new all-time high this early but it did do that, however, that doesn't mean it's the end and we are done here. The all-time high doesn't mark the end of the bull run, the halving event is yet to come and we have to see what happens after that.

Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.

That's the funny question: we don't even feel the depth of the bull run yet, and then someone immediately thinks that the bull run is over when the bitcoin halving is not even over yet.
Anyway, let's not pay attention to those who think that, because they know nothing.

The only important thing is that we believe in the good things that can happen in this field of Bitcoin and cryptocurrency and that we can provide good savings for the assets we hold
when the time is right.
sr. member
Activity: 2422
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We still have 14 days left, and after that day, it will probably take 2 to 5 months for Bitcoin's price to correct before we face the real rally of Bitcoin in the market. And this is what can be said if it is really a bull run that will run for more than a year.

That always happens, right? If we just look at the history that happened before and after the bitcoin halving, it's really different from this era because there are institutional investors; that's the only difference from what I know.
Based on previous halving yes, and it might happen again this time as the price trend started to show some weakness before the halving. I expect by next year the real bull market will prevail and those who will play long will be more happy. Bitcoin is still the best but you should know when to take profit and buy, so you can at least enjoy real profit, don’t hold without setting your target price.
full member
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Yes, Bitcoin's ATH hasn't happened yet. We still have to wait but who knows how long. Maybe next year, there will be a major movement in the price of Bitcoin. Meanwhile, the halving for Bitcoin will happen soon. That could trigger Bitcoin prices to increase again and even reach a new ATH even though the highest price has not yet come.

Yes, you still have to hold the Bitcoin if you want to sell the Bitcoin at the highest price. If you don't know what the highest price is, you need to determine what the highest price will be your selling price. That's so you don't miss out on selling your Bitcoin. You can also still hold it for the long term if you don't want to sell it in the near future.

The highest ATH during the 2021 bull season is 69k$ and recently bitcoin also touched $73k, so in your opinion, 73k$ is not the new ATH of bitcoin? We have had a new ATH this year even though the halving is not yet happening but what we expect is a bigger bull season to come after the halving and bitcoin will make a higher ATH than what we expected. 

But don't be too greedy when wanting to sell bitcoin at the highest ATH because no one knows what will be the peak of this bull season until it ends. So, sell when bitcoin reaches your target, don't be greedy and always want to buy at the lowest price and sell at the highest price, that's impossible.
It's true that it's a new ATH for Bitcoin, but it is not a real ATH. After all, it's only a $4k difference and not worth the wait people put in, especially those who have been waiting for Bitcoin for a long time. If the price of Bitcoin can reach above $100k or even reach $200k, that is Bitcoin's real ATH. And that will happen later. They just need to wait some more and remain patient while continuing to accumulate Bitcoin for longer.

Yes, don't be too greedy is the key to being able to profit from Bitcoin and knowing when to sell Bitcoin. The average person doesn't want to understand that and they still expect the price to continue to increase even though it is already the highest price.
hero member
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Who confirmed it's over? Whatever we have seen so far might just be a fraction of it because the timing was off. We were not expecting Bitcoin to hit a new all-time high this early but it did do that, however, that doesn't mean it's the end and we are done here. The all-time high doesn't mark the end of the bull run, the halving event is yet to come and we have to see what happens after that.

Most of us are expecting Bitcoin to go at least over $100k in this bull run, however, we would be much happier, of course, if it manages to go way above that mark because we are holders and we would enjoy every bit of it. People who think the bull run is done should wait for some time before reaching that conclusion.
hero member
Activity: 2968
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We still have 14 days left, and after that day, it will probably take 2 to 5 months for Bitcoin's price to correct before we face the real rally of Bitcoin in the market. And this is what can be said if it is really a bull run that will run for more than a year.

That always happens, right? If we just look at the history that happened before and after the bitcoin halving, it's really different from this era because there are institutional investors; that's the only difference from what I know.
There are tons or rumors or sayings that we are already that having that possible different bull market out of this current cyle or upcoming one. We do experience 2 bull runs? Golden bull run or whatsoever they do called out. It is really just that too unpredictable and there's no way that we could really be able to know on where it would be going. Now that we are only few days away on the Bitcoin halving.
We've seen that the price did break out and make some new ATH but it isnt really that too far off on which it is really that great to see. In regarding about market correction then we could really be having that last dump before the price would be shooting up to the moon. This is what everyone is really that anticipating.

The main question is, when it would happen? Would be the same thing that could really happen out on the upcoming bullish run?
Could we be able to see the different price movement this time?
Could really be able to see huge jump or simply playing on $100k or nearer?
Control your hopes and expectations so that you wont really be ending up on having that huge disappointment on whatever the market would really be showing.
hero member
Activity: 1904
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We still have 14 days left, and after that day, it will probably take 2 to 5 months for Bitcoin's price to correct before we face the real rally of Bitcoin in the market. And this is what can be said if it is really a bull run that will run for more than a year.

That always happens, right? If we just look at the history that happened before and after the bitcoin halving, it's really different from this era because there are institutional investors; that's the only difference from what I know.
sr. member
Activity: 1498
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I personally seem to be of the opinion that the Bullrun has just begun. And it's still long enough to say it will end. but I don't have much experience in bullrun markets before. so maybe I could be wrong. It's just that I match previous periods in the market. Although after the halving there may sometimes be a temporary correction. but after that the real increase will occur. So I think it's still time to keep holding our bitcoin if the goal is only a medium-term investment. but if the goal is long-term investment then I think we don't need to worry about market movements at this time.

I agree with what you said, and we are almost at the beginning of the bull run. Then others want it to end immediately. We are still in the discovery phase,
where there will be a lower high or a higher high.

The market is really unpredictable, so this is where we can really measure whether we have really learned something from our trading studies that we are doing
now and even from experienced traders who are still going through a learning period at the moment.
legendary
Activity: 2408
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Leading Crypto Sports Betting & Casino Platform
Yes, Bitcoin's ATH hasn't happened yet. We still have to wait but who knows how long. Maybe next year, there will be a major movement in the price of Bitcoin. Meanwhile, the halving for Bitcoin will happen soon. That could trigger Bitcoin prices to increase again and even reach a new ATH even though the highest price has not yet come.

Yes, you still have to hold the Bitcoin if you want to sell the Bitcoin at the highest price. If you don't know what the highest price is, you need to determine what the highest price will be your selling price. That's so you don't miss out on selling your Bitcoin. You can also still hold it for the long term if you don't want to sell it in the near future.

The highest ATH during the 2021 bull season is 69k$ and recently bitcoin also touched $73k, so in your opinion, 73k$ is not the new ATH of bitcoin? We have had a new ATH this year even though the halving is not yet happening but what we expect is a bigger bull season to come after the halving and bitcoin will make a higher ATH than what we expected. 

But don't be too greedy when wanting to sell bitcoin at the highest ATH because no one knows what will be the peak of this bull season until it ends. So, sell when bitcoin reaches your target, don't be greedy and always want to buy at the lowest price and sell at the highest price, that's impossible.
hero member
Activity: 630
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I personally seem to be of the opinion that the Bullrun has just begun. And it's still long enough to say it will end. but I don't have much experience in bullrun markets before. so maybe I could be wrong. It's just that I match previous periods in the market. Although after the halving there may sometimes be a temporary correction. but after that the real increase will occur. So I think it's still time to keep holding our bitcoin if the goal is only a medium-term investment. but if the goal is long-term investment then I think we don't need to worry about market movements at this time.
sr. member
Activity: 490
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From the knowledge I have about the market and the experience I have had with the market in the past, I can still say that the market will go up again and the market will touch new records again. The season of halving has started so maybe many investors are selling their bitcoins now because many investors believe that the price of bitcoins will be halved during this season. Basically those who have this type of thinking are selling their bitcoins according to the market price, thereby selling the investment according to the market price, while other investors are selling bitcoins slightly below the market price, again, but the value of the bitcoins is going down. But if the investors trust the market and stop selling their investments then surely the market will rise again and the bull season of the market will start again.
full member
Activity: 784
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Yes, Bitcoin's ATH hasn't happened yet. We still have to wait but who knows how long. Maybe next year, there will be a major movement in the price of Bitcoin. Meanwhile, the halving for Bitcoin will happen soon. That could trigger Bitcoin prices to increase again and even reach a new ATH even though the highest price has not yet come.

Yes, you still have to hold the Bitcoin if you want to sell the Bitcoin at the highest price. If you don't know what the highest price is, you need to determine what the highest price will be your selling price. That's so you don't miss out on selling your Bitcoin. You can also still hold it for the long term if you don't want to sell it in the near future.
full member
Activity: 532
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Basically it is very difficult to predict the Bitcoin market because since the end of 2023 the Bitcoin market has been growing tremendously. Therefore, those who invest when the Bitcoin market is on the upswing can often see that they cannot make as much money if they invest at that time, so it is very important to check the Bitcoin market and invest. Of course, with the way the Bitcoin market is rising, expect the Bitcoin market to almost break its record, so it's not too late for those investing in Bitcoin to do so quickly.
member
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Technically speaking, an asset's price chart can only move sideways for a limited period of time. Because people's patience runs out. It will either break or move sideways. I don't know the future for sure so I can't tell you which way it will break. But my guess is that in the lower range the BTC chart will start to show some upward movement. If it starts to make higher highs again and higher lows in the short term then we have to wait.
legendary
Activity: 3108
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Yes, bitcoin bullish market is not over yet. In fact, we are still starting to see what a bullish market looks like, most particularly for those who are new in the market. And because of that, everyone is expecting bitcoin to reach a significant price despite of its price correction that is still happening as of now. But we all know price correction don’t last, and it’s only here temporarily as it’s also part of a crypto market. However, the most important thing is we have upcoming bitcoin halving and bull run which both promote positive scenario for bitcoin. So let’s root for it.
We are still experiencing a bullish market until now, even if some price decline is still visible. The moment bitcoin has crossed over its last ATH, that seems the sign that we are already entering a bullish market. And until we are not seeing bitcoin price dropping below $40k or $30k, I can always say that this bullish market isn’t over yet.

Furthermore, bitcoin halving is due to happen this month so there is more reason that we should anticipate positive price for bitcoin that makes it more bullish for the market. Never mind the price correction, as it’s only here temporarily and will be gone soon once bull run finally enters the market.
sr. member
Activity: 322
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Playbet.io - Crypto Casino and Sportsbook
We are still starting to see a bull run in the market, despite of some slight correction that is somehow inevitable. However, as long as bitcoin price has not achieved its new all time high yet, then it’s still a good time to buy. DCA is the key, until you finally see your portfolio storing a good amount of bitcoin that you can finally take advantage when the real bull run is here. Just be more patient with your investment, as not all the time we will see bitcoin price consistently skyrocketing, price decline also happens at times.

Bitcoin has already gotten a new highest price that is higher than the previous bull market but it doesn't mean that we are done with the bull market. I think the bull market hasn't started yet because we still have to wait for Bitcoin halving to be done before we can say we're in a bull market and to see how high the price of Bitcoin can go. What made Bitcoin to achieve a new highest price was because of the positive response from Bitcoin ETF being approved. The reaction from Bitcoin halving getting done will still make Bitcoin price to rise to new highest price. The bull market can't be over yet. I'll rather say the bull market hasn't started than to say the bull market has ended. Alot of things hasn't happened yet that males it a bull market therefore we should still be expecting more very soon.
sr. member
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I don't always base my analysis on the technical analysis because sometimes it fails.
The price of Bitcoin is still at the previous height so we should expect that the market is going to do better for a bigger rewards.
We should not be afraid of the market and it's important we don't trade with funds we know that we can't afford to lose.
We can always make money from the market if we know how to go about it since the market is full of different projects we could hold for better rewards.
hero member
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Yes, the bullrun is not over yet, even after the Bitcoin halving, of course, the real bullrun will start to take place. This is quite surprising when the bullrun occurred faster before the halving, with the previous ATH achieved and passing it quite well. However, this will not stop there. Because it seems like, now, the struggle for Bitcoin prices to achieve even more significant increases will begin again. Even though it certainly won't go that smoothly, there will definitely be sideways processes and corrections in the market along the way.

and that is what we can see about the  true future of Bitcoin when the Mining already
stopped and all the bitcoin is all mined , from that point will decide what is the faith of bitcoin
and the whole crypto .
Yeah, but this is still a long time from happening. So, our current focus is how significantly the Bitcoin halving will influence the increase in the Bitcoin price this year. Because there are indeed fewer and fewer blocks. And of course, there are many predictions regarding the possibility of an ATH that will occur. I am sure, this time, we will really see Bitcoin at a price of $100,000.
full member
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In recent months the cryptocurrency market has experienced significant volatility with Bitcoin reaching new all-time highs followed by sharp corrections.
As we all know every 4 years or (210,000 blocks ) it happen Bitcoin halving as for now days there are only 23 Days Left for next halving
Quote
Halving Date ETA: 24 April 2024
Bitcoin did an amazing run in first quarter as it pumped by over 65%. But now we are seeing something down for last few days. But i think it is pre-halving correction,  and i also think it is last down before halving. We know only few days remaining. Only 20 days i think left for bitcoin halving, within short time bitcoin price will go new ATH i strongly believe it. And it will be happen there has no doubt. So i think there has no tension about recent correction.
sr. member
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Well I don't realistically say is over or we won't see any changes again in the market, what I am trying to tell you is that market doesn't go according to how we might plan it. For instance, the recent increase in bitcoin price to see another ATH without even getting to halving. Non of us here had ever imagined that we could see bitcoin at 73k plus, so there is every likelihood that we may see something unusual it could be above or below.

One should remember that making prediction is not easy and coming price is not easy to know but everyone is finding a way according to speculation so i think one cannot say that certain price of bitcoin is confirmed in coming days because nothing is stable here and Confirmation is impossible.

I think that Bull season has not over yet because market is going dump for instance and again pump like yesterday the price was 65k$ but today it is 68k$ so here is a hope that price will move up once again. The market changes but not according to our expectations and everything happens is new to us as we expect huge pump but price remain in the range of 61k$ to 69k$ for longer.
sr. member
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Still running Bullrun.  But investing now doesn't seem like a smart move.  Because it can end anytime.  And we cannot say for sure when it will end.  Because it is not possible to say anything specific about the market.  No one can predict when the market will bear fruit.  So you can hold but investing will not be very wise.  But you can now buy bitcoin from the market and hold it for the next bull-run.
member
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Eloncoin.org - Mars, here we come!
     We are at the beginning of the bull run, so it is unlikely to end soon, nor is the bitcoin halving finished. Doesn't it usually happen that the bull starts when the bitcoin halving ends?
right? That's what often happens when a bull run happens. So know that in the middle of this year, Bitcoin's real rally will begin.

     And we still don't know if the altcoin season will coincide with the bull run. Because in the coming May 23 is ETH spot etf, which is when it is approved, it will surely be altcoins season.
So, crypto community must prepare on this matter.
sr. member
Activity: 434
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
It is not so easy to say exactly about the price of bitcoin. Price movement before and after halving is normal and possibility of breaking ATH.
It's hard to be realistic about the future but you can be optimistic that something positive will happen to the price of bitcoin. The most surprising thing is that the price of bitcoin has not been affected at a time of so much inflation in the world. So we have ample reason to be optimistic about its future.
How much will the price of Bitcoin go up or down or what will happen in the Bitcoin market is a very simple question for us. But whenever we want to find the answers to these questions, we do not find the right answers to these questions or no one can find them. All the predictions we have heard about the cryptocurrency market are just guesses or imaginations that no one can say for sure.

When the Bitcoin ETF was approved then the market started to rise differently then maybe many of us assumed that the price of Bitcoin would rise and create new ATH. That is what happened. Maybe it matched the predictions of many. It didn't match the predictions of many. We are now somedays away from another important step in Bitcoin's price growth, the Bitcoin Halving. We all have a positive attitude towards the Bitcoin halving and we predict that the price of Bitcoin will rise further and ATH will rise again.
legendary
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Yes, bitcoin bullish market is not over yet. In fact, we are still starting to see what a bullish market looks like, most particularly for those who are new in the market. And because of that, everyone is expecting bitcoin to reach a significant price despite of its price correction that is still happening as of now. But we all know price correction don’t last, and it’s only here temporarily as it’s also part of a crypto market. However, the most important thing is we have upcoming bitcoin halving and bull run which both promote positive scenario for bitcoin. So let’s root for it.
A halving and a bull market in 2024 and 2025 are good for Bitcoin adoption expansion but I hope that with more educational resources available free, open source, people include newbies will have better knowledge and prepare themselves better before joining this market and spending money for investment.

In a bull run that lasts about two years, many scammers will appear and they can run many scam projects and they can use Bitcoin as their tool, hook to attract people, turn them to victims. I hope with better knowledge, people will have less risk to be scammed by Ponzi scammers on behalf of Bitcoin while Bitcoin has no relation with those scammers.

Many accusations that Bitcoin is a Ponzi scam but in fact Bitcoin is not. Only Ponzi scammers run their Ponzi and Bitcoin is always Bitcoin. Newbies must understand that scammers can use fiat currency for Ponzi but fiat currency is not a Ponzi itself.
legendary
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Yes, bitcoin bullish market is not over yet. In fact, we are still starting to see what a bullish market looks like, most particularly for those who are new in the market. And because of that, everyone is expecting bitcoin to reach a significant price despite of its price correction that is still happening as of now. But we all know price correction don’t last, and it’s only here temporarily as it’s also part of a crypto market. However, the most important thing is we have upcoming bitcoin halving and bull run which both promote positive scenario for bitcoin. So let’s root for it.
full member
Activity: 364
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 Shocked
I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
I have 95% believe that the price we saw above the previous ATH which is 73k was a hype from the approval of ETF, and we have not started seeing the expected price that should come from the halving. You should also know that the halving triggers the bull run, and by next year bitcoin price will hit a figure that will shock so many people, just the way bitcoin price was able go above the previous ATH before the halving.

This circle is unique because of the approval of bitcoin ETF, and we might see a price as high as $170k and above as the new ATH that will be recorded for this circle. So don't feel it is over, as it is not over for the bull run yet, until the bear market comes next circle. Keep accumulating and watching the price as it skyrockets after the halving.
Well I don't realistically say is over or we won't see any changes again in the market, what I am trying to tell you is that market doesn't go according to how we might plan it. For instance, the recent increase in bitcoin price to see another ATH without even getting to halving. Non of us here had ever imagined that we could see bitcoin at 73k plus, so there is every likelihood that we may see something unusual it could be above or below.
No one can be certain of the market i understand. But you should have something in mind and it is obvious that you do not have any expectations in mind or some sort of price direction that you wish the market should take so that your investment plan will be a success. It would be so bad that we just rely on luck when we trade or invest. With the level of knowledge i believe you have now you should be able to come up with a plan that would favor your investment. In my opinion i believe that bitcoin will go below 64k before the next halving and up to 80k-100k after the halving. With this target in mind i may be able to influence my decisions on when i place a buy or sell order.
hero member
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Yes, the bull market is not over yet because it is still in its early stages. Soon we will see a halving and there is still a possibility that the price will rise even higher.
As long as we still have time to buy bitcoin, we try to buy more bitcoin. At times like this, anything can happen and we still hope that Bitcoin ATH will come after this halving.
The bitcoin price has exceeded its last ATH, and we are still waiting for its new ATH, which is at an even higher price. We better prepare to wait for the new ATH again this year or next.
Completely agree! the bull market is still in its early stages. There was a recent dip but Bitcoin is regaining its momentum especially with the upcoming halving. I can hardly wait.
We are still starting to see a bull run in the market, despite of some slight correction that is somehow inevitable. However, as long as bitcoin price has not achieved its new all time high yet, then it’s still a good time to buy. DCA is the key, until you finally see your portfolio storing a good amount of bitcoin that you can finally take advantage when the real bull run is here. Just be more patient with your investment, as not all the time we will see bitcoin price consistently skyrocketing, price decline also happens at times.
jr. member
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Yes, the bull market is not over yet because it is still in its early stages. Soon we will see a halving and there is still a possibility that the price will rise even higher.
As long as we still have time to buy bitcoin, we try to buy more bitcoin. At times like this, anything can happen and we still hope that Bitcoin ATH will come after this halving.
The bitcoin price has exceeded its last ATH, and we are still waiting for its new ATH, which is at an even higher price. We better prepare to wait for the new ATH again this year or next.
Completely agree! the bull market is still in its early stages. There was a recent dip but Bitcoin is regaining its momentum especially with the upcoming halving. I can hardly wait.
full member
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In recent months the cryptocurrency market has experienced significant volatility with Bitcoin reaching new all-time highs followed by sharp corrections.
As we all know every 4 years or (210,000 blocks ) it happen Bitcoin halving as for now days there are only 23 Days Left for next halving
Quote
Halving Date ETA: 24 April 2024

According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive.


I love the rainbow chart , this shows how unpredictable Bitcoin is and most specially in these
moment now because what have we seen recently is a crazy market that we did  not anticipate
though we expect some good rump after the ETF and given us  another ATH.
Quote
While there are roughly 1,330,463 BTC left to be mined is expected to continue until the year 2140.
After that point no new Bitcoins will be created through mining and miners will rely solely on transaction fees for their rewards.




Soruces: https://www.blockchaincenter.net/bitcoin-supply/

Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?

and that is what we can see about the  true future of Bitcoin when the Mining already
stopped and all the bitcoin is all mined , from that point will decide what is the faith of bitcoin
and the whole crypto .
hero member
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I agree on this, because if it does lowering prices then it just constitute with some kind  of retracement or market correction. Because what happen is that price will be manipulated so that it will create fear again and investors won't buy. But instead price will rally again, once the price is too high or premium enough, then those who bought on lower prices is expected of course to take their profits.

With that large amount taken from the market, price will drop. And if the buying volume cannot compensate with the selling pressure, then price going lower will be expected. But otherwise until it hasn't happened yet, you should be expecting higher prices on bitcoin.
As long as we're done with the halving, it's expected to see the price increase and we don't know when exactly it will be. But as for the manipulation, they might come through the news, FUDs or some statements from these "market experts" that will play the emotion of everybody.

Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.

Well, technically if something happens 1 year after the halving it will also happen 3 years before the other halving, so as usually with all the charts where people try their best to find patterns you can cling to every detail to enforce your theory.
That makes sense and it's a continuous basis for most of us. So that's right and thank you for that as every detail based on someone's theory on how he reads the patterns could be right as well.

Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.
You are right. OP also stated it, the Rainbow Graph also pointed that the next ATH may be in the end of this year or in the early of 2025.
Regarding the new ATH, sure we already have a new ATH, it is $73,750. The newest ATH was reached in Mar 14, 2024. The next ATH is predicted to be achieved in this month, when we have Bitcoin halving.

https://coinmarketcap.com/currencies/bitcoin/
Hopefully, that we'll reach and see that before this year happens but as for the holders that have been set and believes that the next ATH will cross by 2025. But either way, all of us are wanting to see it soon.

hero member
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
actually the price of Bitcoin is unpredictable and the what happened this year in Bitcoin life cycle has ever happened before that is the evidence to show that Bitcoin might reach a certain price without experiencing having before it will get to a particular price that will ashtonish people who does not believe in Bitcoin, perspective and understanding I think that bitcoin will continue to experiencing more increments before halving that is why we said bitcoin prices on predictable and the nobody can predict it feature.
That's why I still said anything is possible, seeing another pretty ATH this year was something shocking. Bitcoin doesn't work according to how you might predicted it but I guess it was as a result of ETF approval, we might not see much changes in the market since it has achieved it's purpose of creating new ATH this year before halving. We shouldn't focused our hearts on positive impact of the price rather we should be optimistic, like hoping to get positive increase but that doesn't mean we should channel our thinking that bitcoin must achieve the price we desired.
hero member
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
actually the price of Bitcoin is unpredictable and the what happened this year in Bitcoin life cycle has ever happened before that is the evidence to show that Bitcoin might reach a certain price without experiencing having before it will get to a particular price that will ashtonish people who does not believe in Bitcoin, perspective and understanding I think that bitcoin will continue to experiencing more increments before halving that is why we said bitcoin prices on predictable and the nobody can predict it feature.

I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
Only people that predict the price of bitcoin in short period of time that do not get the price prediction rightly but for those that predict what the price can be in the long period of time get it accurately if the prediction is bull run. Also know that bitcoin has not gotten to its all-time-high yet this time. Bitcoin is going to over $100000 or more and better predictions that I see are $150000. It is still a good time to still continue holding in my opinion until the bull run is over. The bull run only started early but not yet over.
the only thing that I will say in this scenario is that whoever that is predicting the future of Bitcoin is just trying it luck or I can equally call it assumption because both the short short-term prediction and long-term prediction or are prediction but it is depends on the source you got your information or you make you analysis and get the result of your prediction that matters a lot someone can predict for long-term prediction of Bitcoin and the got it wrong why somebody who predict a short term will it get it right so it depends the site or your chat analysis how accurate your prediction is going to be so it does not matter that those people who is predict for long period of time is people that got it correct or perfectly, so I don't believe in such philosophy.


I don’t think it’s over either. As long as we get positive etf flows and all these stablecoin prints keep popping up then we should be having a bull market the entire year, unless something bad happens with the economy.

There is lots of money going into crypto and it doesn’t seems to be stopping. I think many now are waiting for the halving and we will see how Bitcoin performs then. It could be like 2017, where the entire year was bullish and bitcoin kept hitting new highs before topping out at the end of the year.
like now I've not seen a Bitcoin as a something that the price will begin to fall at any point in time because the market of Bitcoin is this showing a positive and some of the altcoins who we quite know is also experiencing a positivity in the market so we cannot set now that Bitcoin this is the end of the bullish or the market is now been against Bitcoin... as you said you are totally correct because the market is still experiencing positivity in all ramification for now, any price we see in Bitcoin right now neither falling or Rising I think you from my own perspective I will say that he's trying to be strong so let us not have a negative thoughts of Bitcoin this year, we all have seen that bitcoin been experiencing positivity throughout the beginning of the year 2024 and we should believe that will continue to experience it till ending of this year.

Yes, the bull market is not over yet because it is still in its early stages. Soon we will see a halving and there is still a possibility that the price will rise even higher.
As long as we still have time to buy bitcoin, we try to buy more bitcoin. At times like this, anything can happen and we still hope that Bitcoin ATH will come after this halving.
The bitcoin price has exceeded its last ATH, and we are still waiting for its new ATH, which is at an even higher price. We better prepare to wait for the new ATH again this year or next.
we can only say that the bull run is over when we start seeing negativity in the market like seen a red color in the market but right now the price of Bitcoin is still showing greenish so it is sign or symptoms that the bull run or bullish season has not gotten to an end so I may say that you are correct in your statement and I agreed with your point of views.
legendary
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duelbits.com
According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
It is not only according to the Rainbow Graph but the if we learn the history of Bitcoin ATH in the previous bullrun season, it always reached in few months after the Bitcoin halving. We are still in the early of April, the price dropped a bit but we don't feel worried. I think it is just a small correction before the next jump in Bitcoin price. Sure, just keep holding because we may have another ATH very soon.

Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.
You are right. OP also stated it, the Rainbow Graph also pointed that the next ATH may be in the end of this year or in the early of 2025.
Regarding the new ATH, sure we already have a new ATH, it is $73,750. The newest ATH was reached in Mar 14, 2024. The next ATH is predicted to be achieved in this month, when we have Bitcoin halving.

https://coinmarketcap.com/currencies/bitcoin/

hero member
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
I have 95% believe that the price we saw above the previous ATH which is 73k was a hype from the approval of ETF, and we have not started seeing the expected price that should come from the halving. You should also know that the halving triggers the bull run, and by next year bitcoin price will hit a figure that will shock so many people, just the way bitcoin price was able go above the previous ATH before the halving.

This circle is unique because of the approval of bitcoin ETF, and we might see a price as high as $170k and above as the new ATH that will be recorded for this circle. So don't feel it is over, as it is not over for the bull run yet, until the bear market comes next circle. Keep accumulating and watching the price as it skyrockets after the halving.
Well I don't realistically say is over or we won't see any changes again in the market, what I am trying to tell you is that market doesn't go according to how we might plan it. For instance, the recent increase in bitcoin price to see another ATH without even getting to halving. Non of us here had ever imagined that we could see bitcoin at 73k plus, so there is every likelihood that we may see something unusual it could be above or below.
hero member
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
I have 95% believe that the price we saw above the previous ATH which is 73k was a hype from the approval of ETF, and we have not started seeing the expected price that should come from the halving. You should also know that the halving triggers the bull run, and by next year bitcoin price will hit a figure that will shock so many people, just the way bitcoin price was able go above the previous ATH before the halving.

This circle is unique because of the approval of bitcoin ETF, and we might see a price as high as $170k and above as the new ATH that will be recorded for this circle. So don't feel it is over, as it is not over for the bull run yet, until the bear market comes next circle. Keep accumulating and watching the price as it skyrockets after the halving.
legendary
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As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs
So its time to HOLD
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.

Well, technically if something happens 1 year after the halving it will also happen 3 years before the other halving, so as usually with all the charts where people try their best to find patterns you can cling to every detail to enforce your theory.

Contrary to popular beliefs, I do think that the Bitcoin bull run hasn't been priced in yet. The price action that drove Bitcoin from sub $20K levels was mainly driven by speculations of ETFs and in time, other traders joined in to bid. Halving is always a phenomena event and it has always been accompanied by parabolic run which we haven't seen yet. There's fewer bitcoins on the market and halving will cut the number being added to supply so I think we're on our way but we're not quite there yet.

I also don't understand why some don't think simply and clearly about this!

You are convinced that the halving will bring the price up, there are a million others who are convinced that the halving will bring the price up, so are all of them standing on the side and not buying moar coins? Of course not, since everyone is screaming about filling the bags, and buying coins means the price is already rising on the anticipation of the halving, same as with ETF, there won't be anything magically happening in 20 days, the flow of money has already changed debit and direction.

hero member
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Yes, the bull market is not over yet because it is still in its early stages. Soon we will see a halving and there is still a possibility that the price will rise even higher.
As long as we still have time to buy bitcoin, we try to buy more bitcoin. At times like this, anything can happen and we still hope that Bitcoin ATH will come after this halving.
The bitcoin price has exceeded its last ATH, and we are still waiting for its new ATH, which is at an even higher price. We better prepare to wait for the new ATH again this year or next.
legendary
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As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs.

Either you expressed yourself wrongly or you are interpreting what you are looking at wrongly - because ATHs usually happen after halving, except that this year is an exception for quite obvious reasons.

While there are roughly 1,330,463 BTC left to be mined is expected to continue until the year 2140.
After that point no new Bitcoins will be created through mining and miners will rely solely on transaction fees for their rewards.


In less than 10 years, 99% of all BTC will be mined, and that 1% is as irrelevant as the year that many are fascinated by. Much sooner, miners will have to face the fact that the earnings from the rewards they receive in the form of new BTC will become greatly reduced compared to today.

Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?

The real bull run hasn't even started yet (at least as far as I'm concerned), let alone finished.
sr. member
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Technical analysis can give an idea but no one knows nothing for sure and we all can just speculated based on the analysis and movements of prices based on the history of previous cycles.

In my opinion, we are just halfway in this bull run, the real deal is yet to begin, I maybe wrong but that's what my prediction based on simple calculations using 2x from its previous ATH.
legendary
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OP, who the hell on earth thinks it's over when we're at a new ATH, and even the recent dip hardly lasted more than a few days and not even 15% drop. Normal in every way.

So many of you talking about nothing, 'drastic drops', seriously have you not seen Bitcoin before and don't you know what it's capable of?

Bull market over and not even below 60k what funny guys people are in crypto Smiley
sr. member
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Last few minutes bitcoin dropping drastically until touched $68,800 and looks large correction during halving few days later, seems some prediction right with bull market have been over and we are entry with bearish market moment.
Last hope with halving how potential can help bitcoin reach higher price or make correction again and seems pessimistic with bull market coming when near future of halving.
Bitcoin have been raised up drastically and seems some investor on selling position waiting correction or bearish moment to buy back, after break ATH price last month bitcoin can't get back to higher price for longer time and waiting awhile with market correction is right choose before returning back when bull run market moment.
newbie
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In recent months the cryptocurrency market has experienced significant volatility with Bitcoin reaching new all-time highs followed by sharp corrections.
As we all know every 4 years or (210,000 blocks ) it happen Bitcoin halving as for now days there are only 23 Days Left for next halving
Quote
Halving Date ETA: 24 April 2024

According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive.

https://i.ibb.co/HNcRCjD/Screenshot-2024-03-31-124148.png


As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs
So its time to HOLD

https://i.ibb.co/7p7tgjg/Screenshot-2024-03-31-130848.png



While there are roughly 1,330,463 BTC left to be mined is expected to continue until the year 2140.
After that point no new Bitcoins will be created through mining and miners will rely solely on transaction fees for their rewards.

https://i.ibb.co/ZWY6mv2/Screenshot-2024-03-31-124816.png


Soruces: https://www.blockchaincenter.net/bitcoin-supply/

Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?







The only chart you need is S2F.
hero member
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people that say bull market is over might be too pessimistic, i don't think it will just tops at around $70k like this, corrections are to be expected after all we've been rallying so high people from previous year wouldn't even believe, reaching this height of a price is already such a feat for bitcoin right now, doesn't mean the bullrun is already over, we have histories of bitcoin doubling its previous all time high and usually the bullrun happens after halving which increase people's sense of scarcity towards bitcoin.
only after halving then we can determine whether we have reached the peak, by seeing sentiment in the market we might see signs of whether bitcoin has finally peaked or is it still have so many chances for it to further rally and then reach $100k mark as many people wants.
never underestimate the capability of bitcoin when it comes to increasing its price.
legendary
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I don’t think it’s over either. As long as we get positive etf flows and all these stablecoin prints keep popping up then we should be having a bull market the entire year, unless something bad happens with the economy.

There is lots of money going into crypto and it doesn’t seems to be stopping. I think many now are waiting for the halving and we will see how Bitcoin performs then. It could be like 2017, where the entire year was bullish and bitcoin kept hitting new highs before topping out at the end of the year.
full member
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
It is not so easy to say exactly about the price of bitcoin. Price movement before and after halving is normal and possibility of breaking ATH.
It's hard to be realistic about the future but you can be optimistic that something positive will happen to the price of bitcoin. The most surprising thing is that the price of bitcoin has not been affected at a time of so much inflation in the world. So we have ample reason to be optimistic about its future.
full member
Activity: 1148
Merit: 158
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As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs
So its time to HOLD
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.

Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?
We're just getting started and why people are thinking that it's almost over already? Don't get excited folks, it hasn't peaked yet.

I agree on this, because if it does lowering prices then it just constitute with some kind  of retracement or market correction. Because what happen is that price will be manipulated so that it will create fear again and investors won't buy. But instead price will rally again, once the price is too high or premium enough, then those who bought on lower prices is expected of course to take their profits.

With that large amount taken from the market, price will drop. And if the buying volume cannot compensate with the selling pressure, then price going lower will be expected. But otherwise until it hasn't happened yet, you should be expecting higher prices on bitcoin.
hero member
Activity: 2366
Merit: 838
According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive.


You can see the Rainbow chart https://www.lookintobitcoin.com/charts/bitcoin-rainbow-chart/

It shows that Bitcoin has less up spikes in recent bull markets. The Rainbow chart does not predicts a last bull market top accurately. It is very inaccurate if I want to say about top prediction from Rainbow chart as with the last cycle, price reaches its top until only goes to about half of the Rainbow chart.

Use Pi cycle top indicator, that is better and more accurate to predict market top than the Rainbow chart.
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/
legendary
Activity: 2534
Merit: 1397
According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive.

https://i.ibb.co/HNcRCjD/Screenshot-2024-03-31-124148.png
I love this chart, simple and clean.

If you take a look at this chart carefully and zoom in, we can see some dumps after each Bitcoin block halving and after that dump, it will continue to rally upward.

So for me, just incase this will happen again this time, it's the best time for other people who was able to left behind on new all-time high price of Bitcoin recently.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
Yes, anything is possible when it comes to this industry but there are certain things we know can't happen. One is Bitcoin going back to $1k. The only thing that could make that happen is if there's a vulnerability that could be exploited in Bitcoin to mint more of it. On the possibility of its current ATH remaining the highest we could see even after halving, that's not possible. The thing that drove price to break its last ATH wasn't even what had driven Bitcoin in the past to break the previous ones. It was the ETF that brought that action from institutional investors. It did break its previous height before halving. It was the first. Now, there's going to be another leg up for price to spike once halving is done. That's what we're waiting for. Remember, fresh ATH had always come months after halving had taken place. Let's see what this brings as it's obvious the dynamics have changed with Bitcoin.
hero member
Activity: 2212
Merit: 805
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Contrary to popular beliefs, I do think that the Bitcoin bull run hasn't been priced in yet. The price action that drove Bitcoin from sub $20K levels was mainly driven by speculations of ETFs and in time, other traders joined in to bid. Halving is always a phenomena event and it has always been accompanied by parabolic run which we haven't seen yet. There's fewer bitcoins on the market and halving will cut the number being added to supply so I think we're on our way but we're not quite there yet.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
Only people that predict the price of bitcoin in short period of time that do not get the price prediction rightly but for those that predict what the price can be in the long period of time get it accurately if the prediction is bull run. Also know that bitcoin has not gotten to its all-time-high yet this time. Bitcoin is going to over $100000 or more and better predictions that I see are $150000. It is still a good time to still continue holding in my opinion until the bull run is over. The bull run only started early but not yet over.
hero member
Activity: 1428
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs
So its time to HOLD
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.

Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?
We're just getting started and why people are thinking that it's almost over already? Don't get excited folks, it hasn't peaked yet.
copper member
Activity: 46
Merit: 4
In recent months the cryptocurrency market has experienced significant volatility with Bitcoin reaching new all-time highs followed by sharp corrections.
As we all know every 4 years or (210,000 blocks ) it happen Bitcoin halving as for now days there are only 23 Days Left for next halving
Quote
Halving Date ETA: 24 April 2024

According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive.




As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs
So its time to HOLD





While there are roughly 1,330,463 BTC left to be mined is expected to continue until the year 2140.
After that point no new Bitcoins will be created through mining and miners will rely solely on transaction fees for their rewards.




Soruces: https://www.blockchaincenter.net/bitcoin-supply/

Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?




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