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Topic: What to expect this bull run? (Read 755 times)

member
Activity: 840
Merit: 30
March 04, 2024, 07:03:18 AM
#80
Did not expect Bitcoin to pump this fast reaching $65k this morning.

My portfolio has gone from even money in November to now +125%.

Are we expecting a significant correction soon or is the momentum here now and we keep pumping past the halving next month?
member
Activity: 364
Merit: 33
March 04, 2024, 05:59:01 AM
#79
Yes Bitcoin price reached its peak in 2021 but it went down again shortly after. A while back in 2024, I saw the price of Bitcoin reach $65,000. By which I think Bitcoin will break all its past records and cross $1000 this time. The way Bitcoin's price has been increasing in just a few days suggests that the bull market is in good shape. For those who invested and held on to Bitcoin a few months ago, this is a matter of great joy. It will be possible to earn huge profits through this.
hero member
Activity: 1316
Merit: 787
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March 03, 2024, 11:04:30 AM
#78
Is the crash down to $31k normal during a bull run or did something happen?

I am just trying to put my plan together when it comes to selling and don't want to sell too much too soon.
As long as you believe in the annual cycle, market conditions in 2023 will still be normal. Only now did things change after having difficulty moving. Plans can be made now even though Bitcoin is trading at a higher price than in 2023.

Why do I say that planning can be done now, because the predicted halving has not yet happened. Like market experience, after the halving there will be an increase in line with holder expectations.
It is very important that price predictions are not exact and will always be wrong.
hero member
Activity: 2870
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March 03, 2024, 10:37:11 AM
#77
It is not a bad idea, but i will support selling some of your assets. The bitcoin upward movement won't stop now; it is going further to hit an ATH. If the investor has invested a lot in bitcoin and wants some funds, he can sell some of his investment; at least some fraction of it will give him lots of dollars unless he hasn't invested much. Then, for a beginner or pleb who does not have much bitcoin, selling your bitcoin will be a bad idea because if you sell it, your bitcoin will decrease and it will take you longer to achieve your goal.
Selling Bitcoin assets when they go up can be done as long as you can get a profit. If you haven't seen the profit or are still making a loss, you should not sell it and still wait for it.
That's what investors usually do and they always wait for the price to increase very high before they sell and usually they have a target selling price.
By having a lot of bitcoin, he can sell it little by little to take advantage of it until later when the price increases very high. Then he sells more to get an even bigger profit. These bitcoin investors have been collecting a lot of bitcoins for a long time and holding them until the price increases very high before they sell them.
For novice investors, they must be able to collect bitcoins using the DCA method.
hero member
Activity: 3164
Merit: 675
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March 03, 2024, 10:01:01 AM
#76
I have achieved what I have been expecting from this bull run that occur because, my major target in this bull run that happened in the month of february before I will release my BTC was $60k and, I was so lucky this afternoon when the price hit the market with $60k for many hodlers to use the opportunity to earn money from their investment.

I guess, many people are still hodling their BTC because they believe that the price will still go higher above $60k before they can sell which it can be possible because BTC price is unpredictable.
So did you take profit already? I hope you didn't sell all your Bitcoins because you might regret your decision later if you have done that because the halving event is yet to occur and the market generally enters the bull run after the halving event which means that $60 is just a part of the recovery process and the max price will be much higher than it based on what history tells us.

I don't guarantee anything, but that is at least what we understand based on what we have seen in the past, so we expect a way higher price this time around because the price of Bitcoin reached $69k in the last bull run, and we have already touched $64k even before the halving event, so there must be some surprise to be unfolded very soon.
full member
Activity: 350
Merit: 157
March 01, 2024, 12:46:02 AM
#75

When we have achieved the investment target that we have set, we can enjoy some of the profits that we have obtained from that investment and if we can be sure that the price will be able to increase again beyond the target that we have set, then we can hold back until the target is achieved and for now we can see the price of Bitcoin has exceeded $60k and most people will of course continue to hold it for even higher prices

Selling of your asset after achieving target is not a bad idea but in case of bitcoin we should not sell bitcoin at a price of 62k$ because we know that we will see new ATH when the halving take place.

If someone have hold altcoins then taking profit after achieving target is better than waiting more for more pump. It will also be better if some part of bitcoin we sell and some are still remaining with us for future price pump so in such case if price does not exceed further then we will have achieved our profit and we will not be in loss.
It is not a bad idea, but i will support selling some of your assets. The bitcoin upward movement won't stop now; it is going further to hit an ATH. If the investor has invested a lot in bitcoin and wants some funds, he can sell some of his investment; at least some fraction of it will give him lots of dollars unless he hasn't invested much. Then, for a beginner or pleb who does not have much bitcoin, selling your bitcoin will be a bad idea because if you sell it, your bitcoin will decrease and it will take you longer to achieve your goal.
hero member
Activity: 2716
Merit: 552
February 29, 2024, 11:33:55 PM
#74
Quote
Re: What to expect this bull run?
What to expect? Here are the 2 prediction that I'm thinking:
1. Bitcoin will reach the price range of $150,000 - $200,000 next year.
2. Ethereum might reach the price range of $12,000-$15,000 next year.

Sound's impossible right? Of course, it's just a prediction, and TBH, my expectations are kind of low when it comes to bull run. I mean I just want to lower my expectations just incase. Nevertheless, having a strategy during the bull run will be help for you, and if you believe that the bull run will happen next year then start accumulating Bitcoin, and other altcoins already.

It doesn't sound impossible to me because I have done my research and Bitcoin has always outperform many people expectations during the bull market, it was the last bull market that didn't go as expected because many people said Bitcoin was going to reach $100,000 but it stopped at $69,000 before it started falling. When people don't expect Bitcoin to do very well it always over perform but when they think Bitcoin will do well it doesn't get to their expectations. What I'm expecting for the buol run is for Bitcoin to do well that altcoins gets their own rally, altcoins are waiting for Bitcoin to show a good bull run signs as investors will start investing in altcoins and this will make them to begin to get attentions. Altcoins also didn't get much bull run last bull market as we didn't have an altcoin season.

$100k last bull run was a long shot, some people are anticipating it might probably stop around $70k or $80k, but it does stopped at $69k as people were dumping everything they can to maximize the profit. Well, that was huge though, so we can't really blame them.
I think right now bitcoin has already been surpassing the majority's expectation, because a lot of expectations were like bitcoin might probably be around $50k while we're closing the gap until the next halving, but here we are looking at a $61k. It's actually coming off from almost a $64k high  pump then it came down to $61k. Now, bitcoin could still have another pump anytime soon before the actual halving that could potentially break the most recent ATH. That's something a lot of people were not expecting, because it has always been the post halving that had given us a nice bullrun and ATH.
sr. member
Activity: 882
Merit: 215
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February 29, 2024, 09:45:56 PM
#73
If someone have hold altcoins then taking profit after achieving target is better than waiting more for more pump. It will also be better if some part of bitcoin we sell and some are still remaining with us for future price pump so in such case if price does not exceed further then we will have achieved our profit and we will not be in loss.

If Altcoins are discussed, I really support your opinion because their ability to survive is predominantly weak, if there is a decline and correction in BTC, but for Hodl BTC, in my opinion, it is better to hold on for some more time because the price of BTC has not yet increased to its maximum.

Personally, I would wait until mid-April and if there is a negative sentiment issue in the market, take a break and come back when the price is suitable to buy. Yes. In the end, the ultimate goal of investing is not a loss but a necessary profit.
sr. member
Activity: 1456
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February 29, 2024, 08:54:06 PM
#72

When we have achieved the investment target that we have set, we can enjoy some of the profits that we have obtained from that investment and if we can be sure that the price will be able to increase again beyond the target that we have set, then we can hold back until the target is achieved and for now we can see the price of Bitcoin has exceeded $60k and most people will of course continue to hold it for even higher prices

Selling of your asset after achieving target is not a bad idea but in case of bitcoin we should not sell bitcoin at a price of 62k$ because we know that we will see new ATH when the halving take place.

If someone have hold altcoins then taking profit after achieving target is better than waiting more for more pump. It will also be better if some part of bitcoin we sell and some are still remaining with us for future price pump so in such case if price does not exceed further then we will have achieved our profit and we will not be in loss.
hero member
Activity: 1050
Merit: 844
February 29, 2024, 10:33:07 AM
#71
I have achieved what I have been expecting from this bull run that occur because, my major target in this bull run that happened in the month of february before I will release my BTC was $60k and, I was so lucky this afternoon when the price hit the market with $60k for many hodlers to use the opportunity to earn money from their investment.
Currently, there are indeed many traders who are making profits through the increase in the price of Bitcoin which has exceeded $60K, but this is also the case for investors, although many investors may still not have sold it and are still holding on to it until the halving occurs in Bitcoin this year. When looking at the price increase that has occurred like now, I think a new ATH will soon be created on Bitcoin within the next month if the increase continues as has been seen so far.

Quote
I guess, many people are still hodling their BTC because they believe that the price will still go higher above $60k before they can sell which it can be possible because BTC price is unpredictable.
Bitcoin has indeed been proven to be good for holding and has also been proven to be able to pass the price of $60K in just a short time so there is quite a reason for investors to keep holding it and not sell at this time. Because they can still get more profits in conditions like now and it is possible to see a new ATH in the next month.
hero member
Activity: 714
Merit: 521
February 29, 2024, 10:20:56 AM
#70
The 2021 halving is unique, as you said Bitcoin reaches ATH twice in a year.

I don't seems to understand what you mean that bitcoin reaches all time high time twice in 2021, do you mean after the all time high, bitcoin go dip and was able to gain back the ATH as at where it was the previous time before the bear set in, if not, we can only have a single all time high and that is when the market marks the highest of it price performance ever and from there, we take that as the all time high until a new one is set.

For me, a significant price drop during a halving like 2021 is normal because the nature of the Bitcoin price is fluctuating or very unstable. but I also believe that this normal event will be difficult to happen in the next bullish years.

Why will highly intensive volatility be very difficult to achieve this coming halving, if we must have a Bullrun, then expect the market to be more of high volatility than before.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
February 29, 2024, 09:43:49 AM
#69
First bull run coming up for me and I am just wondering what we should all realistically be expecting over the next 18 months or so?

Looking at the last bull run, Bitcoin hit $61k in March 2021 then crashed back down to $31k 4 months later and then hit all time high in November 2021.

Is the crash down to $31k normal during a bull run or did something happen?

I am just trying to put my plan together when it comes to selling and don't want to sell too much too soon.

okay we were as low as 16k in nov 2022.

we are now 62k.


it all depends on when you got in and your prices paid.

if you did only a 1btc buy the dip and hodl when it was 16k

you should sell ¼ to ⅓ the coin giving you 16.5 to 21k cash. and leaving you .67 to .75 btc.

You could then ladder up selling

 .02 at 69.6k
.02 at 74.3k
.02 at 79.2k
.02 at 84.1k
.02 at 89.05k
.02 at 93.93k
.02 at 98.9k
.02 at 102.2k
.02 at 107.1k
.02 at 112.2k

you then have about .47 to .55 coins
and 33 to 38k
and only spent 16 k to get in.

the patterns vary depending on your age and your cost basis.
 younger  means hodl more and longer.

older like me means cash out a little more.

but if your cost for your coins is under 20k you should slice a bit off the top.
hero member
Activity: 714
Merit: 521
February 29, 2024, 09:32:01 AM
#68
I have achieved what I have been expecting from this bull run that occur because, my major target in this bull run that happened in the month of february before I will release my BTC was $60k and, I was so lucky this afternoon when the price hit the market with $60k for many hodlers to use the opportunity to earn money from their investment.

 I guess, many people are still hodling their BTC because they believe that the price will still go higher above $60k before they can sell which it can be possible because BTC price is unpredictable.
When we have achieved the investment target that we have set, we can enjoy some of the profits that we have obtained from that investment and if we can be sure that the price will be able to increase again beyond the target that we have set, then we can hold back until the target is achieved and for now we can see the price of Bitcoin has exceeded $60k and most people will of course continue to hold it for even higher prices

All that we have just seen is nothing than a short time experience in the market sentiment to make us have the feelings on what the Bullrun is going to be like when its time after the halving, we shouldn't forget to prepare well enough and watch closely how the market continue to perform so that we don't end up having below expectations, more are still coming about the Bullrun after the halving as we are more open minded to get the right positionings for it, if we can afford it, then we can hodl as enough as we can right now before the time comes.
full member
Activity: 1190
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February 29, 2024, 12:58:22 AM
#67
I have achieved what I have been expecting from this bull run that occur because, my major target in this bull run that happened in the month of february before I will release my BTC was $60k and, I was so lucky this afternoon when the price hit the market with $60k for many hodlers to use the opportunity to earn money from their investment.

 I guess, many people are still hodling their BTC because they believe that the price will still go higher above $60k before they can sell which it can be possible because BTC price is unpredictable.
When we have achieved the investment target that we have set, we can enjoy some of the profits that we have obtained from that investment and if we can be sure that the price will be able to increase again beyond the target that we have set, then we can hold back until the target is achieved and for now we can see the price of Bitcoin has exceeded $60k and most people will of course continue to hold it for even higher prices
full member
Activity: 1358
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February 28, 2024, 03:53:59 PM
#66
I have achieved what I have been expecting from this bull run that occur because, my major target in this bull run that happened in the month of february before I will release my BTC was $60k and, I was so lucky this afternoon when the price hit the market with $60k for many hodlers to use the opportunity to earn money from their investment.

 I guess, many people are still hodling their BTC because they believe that the price will still go higher above $60k before they can sell which it can be possible because BTC price is unpredictable.
legendary
Activity: 3122
Merit: 1140
February 21, 2024, 01:29:55 PM
#65
Quote
Re: What to expect this bull run?
What to expect? Here are the 2 prediction that I'm thinking:
1. Bitcoin will reach the price range of $150,000 - $200,000 next year.
2. Ethereum might reach the price range of $12,000-$15,000 next year.

Sound's impossible right? Of course, it's just a prediction, and TBH, my expectations are kind of low when it comes to bull run. I mean I just want to lower my expectations just incase. Nevertheless, having a strategy during the bull run will be help for you, and if you believe that the bull run will happen next year then start accumulating Bitcoin, and other altcoins already.

It doesn't sound impossible to me because I have done my research and Bitcoin has always outperform many people expectations during the bull market, it was the last bull market that didn't go as expected because many people said Bitcoin was going to reach $100,000 but it stopped at $69,000 before it started falling. When people don't expect Bitcoin to do very well it always over perform but when they think Bitcoin will do well it doesn't get to their expectations. What I'm expecting for the buol run is for Bitcoin to do well that altcoins gets their own rally, altcoins are waiting for Bitcoin to show a good bull run signs as investors will start investing in altcoins and this will make them to begin to get attentions. Altcoins also didn't get much bull run last bull market as we didn't have an altcoin season.
Here on cryptospace on which there's no such thing about being that impossible on which things could really be able to happen and everything would really be just that depending on the demand and recognition
and with some other external factors on which we do know that it could bring out that huge effect when it comes to it price movement or simply with its value. Those numbers could really be easily thrown off by someone
and every speculations that we do have into this market is simply not really just that be able to avoid it out. There would really be those people who would really be having those unrealistic numbers
but since this is a speculative market then it cant really be that avoided that there would really be those people who would be making those numbers too high.
sr. member
Activity: 322
Merit: 227
February 20, 2024, 10:48:49 PM
#64
Quote
Re: What to expect this bull run?
What to expect? Here are the 2 prediction that I'm thinking:
1. Bitcoin will reach the price range of $150,000 - $200,000 next year.
2. Ethereum might reach the price range of $12,000-$15,000 next year.

Sound's impossible right? Of course, it's just a prediction, and TBH, my expectations are kind of low when it comes to bull run. I mean I just want to lower my expectations just incase. Nevertheless, having a strategy during the bull run will be help for you, and if you believe that the bull run will happen next year then start accumulating Bitcoin, and other altcoins already.

It doesn't sound impossible to me because I have done my research and Bitcoin has always outperform many people expectations during the bull market, it was the last bull market that didn't go as expected because many people said Bitcoin was going to reach $100,000 but it stopped at $69,000 before it started falling. When people don't expect Bitcoin to do very well it always over perform but when they think Bitcoin will do well it doesn't get to their expectations. What I'm expecting for the buol run is for Bitcoin to do well that altcoins gets their own rally, altcoins are waiting for Bitcoin to show a good bull run signs as investors will start investing in altcoins and this will make them to begin to get attentions. Altcoins also didn't get much bull run last bull market as we didn't have an altcoin season.
full member
Activity: 1442
Merit: 108
February 19, 2024, 07:07:32 PM
#63
The 2021 halving is unique, as you said Bitcoin reaches ATH twice in a year. For me, a significant price drop during a halving like 2021 is normal because the nature of the Bitcoin price is fluctuating or very unstable. but I also believe that this normal event will be difficult to happen in the next bullish years.
legendary
Activity: 2338
Merit: 1084
zknodes.org
February 19, 2024, 03:13:44 PM
#62
Even if the most awaited bull run comes, I always think it’s always necessary to never stop hodling and continue doing DCA. There’s always next bull run that will come in the market, at least the earlier we can prepare for it, the bigger profits we will reap. However, hodling does not mean you’re not going to sell at some point. Bull run is the perfect time to sell, so take time to sell but never sell everything. Sell when everyone in the market is taking and enjoying their profits, but always leave even a small portion of btc in your portfolio so you can still expect future profits coming for you.
Selling some is the best way if you still want to keep Bitcoin with a predetermined amount to target a price that we didn't expect beforehand. There is a time to take some of the profits because our main goal in investing is to make a profit, not just to hold back as much as possible. But yes, for those who are lucky enough to hold out for an undetermined period of time, it will be an opportunity when the price of bitcoin reaches a price that we have not experienced before, maybe above $100k or it could be more than that.
legendary
Activity: 3080
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February 18, 2024, 02:36:27 PM
#61
I hope that later in the bull run the price of Bitcoin can jump even higher than the previous ATH price, at least it can reach above $80k. But anything can happen in the crypto market because prices are very volatile. Therefore, Bull run is approaching and we should not miss the opportunity to reap satisfying profits.
Everyone expects the same thing, namely a new ATH and that it can last quite a long time. Waiting for the ATH which may be near, you have to be prepared with the coins you hold. Bitcoin is of course the main one for that and the top altcoins are the support to increase profits. But is it strong enough to continue holding back and doing DCA? that will be a challenge for any investor holding long term
Even if the most awaited bull run comes, I always think it’s always necessary to never stop hodling and continue doing DCA. There’s always next bull run that will come in the market, at least the earlier we can prepare for it, the bigger profits we will reap. However, hodling does not mean you’re not going to sell at some point. Bull run is the perfect time to sell, so take time to sell but never sell everything. Sell when everyone in the market is taking and enjoying their profits, but always leave even a small portion of btc in your portfolio so you can still expect future profits coming for you.
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