When will the bears take advantage? This bull run lasts so long - page 2.

EarnOnVictor

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Quote from: justdimin on June 11, 2024, 03:24:31 AM

Quote from: bestcoins1 on June 10, 2024, 03:51:44 AM

Quote from: ololajulo on June 09, 2024, 03:44:52 PM

Don't be misled by the current market fluctuations. A bull market is on the horizon. Hold on tight to your Bitcoin and altcoins until we see a significant surge. The cycle isn't complete until the bull market arrives what we're experiencing now is just the beginning.

Bitcoin could be the first option that should still be maintained in the current conditions because the potential for a larger price increase is still very possible for Bitcoin. But for altcoins, I think everyone still has to filter them to find out the best ones, unless the altcoin is already a top altcoin in terms of volume and also in terms of fame through the development of its own network. However, for Bitcoin, I think there is no need to hesitate to keep holding it until the bullish cycle is seen again in the market with a significant price spike.

I do believe that we are going to end up with something that will take a while but I think you are definitely right. The amount of people who doubt bitcoin is beyond my understanding, of course it will take a long time and of course it will go up, all these people who think that bear will come back now, are making absolutely no sense at all, of course it will not make a comeback, we are not even half done yet, we are going to see 100k+ easily.

Halving doesn't go into effect before the year ends, it is not really something that ends this quickly. We will have a great 2025, and then eventually after it peaks at 2025, it will start to drop more and more, 2025 will see a lower price eventually from the peak, and then 2026 will be a horrible year.

Well, let us enjoy it as it is now and hope for the best later. However, I will not take a serious side now, so I will not be condemning those who are expecting the bearish trend, they are also right if they can prove it. The only difference is that we are still in the bullish phase in the widest scope and any bearish threat will only be temporary which I will always treat as a correction of the long-term bullish trend, and I will hold this disposition till the mid-2025. Nevertheless, we should never be too trusting of Bitcoin as well, what if anything unplanned happens? This is more reason why we should not take some bearish patterns for granted.

You can imagine what happened today, Bitcoin moved almost $4,000 downwards as if it was nothing and by virtue has made it to be bearish in outlook, at least for this week. So when anyone calls a bearish threat, you should rather visit your analytical means rather than believe that they are jokers. I've been facing the reality of Bitcoin since I knew it and it has helped me to complete many trades (both buy and sell and earn from them instead of believing in the bullish path alone. I intend to keep it this way even as I obey what my chart tells me above what I feel to read/hear about the coin.

khiholangkang

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Quote from: Marvell1 on June 10, 2024, 02:53:38 AM

Quote from: khiholangkang on June 09, 2024, 12:36:41 PM

Quote from: Marvell1 on June 09, 2024, 09:50:53 AM

That's still a question mark, and if what you say is true it means we won't see a bear market anymore, bitcoin won't drop 50%-70% like before and that means that we will no longer have bull season. I mean we won't have a bull run like everyone expecting, a market where bitcoin will increase 2x, 3x from current price, many altcoins will increase x5-x10? And the market gradually start moving like the stock market?

Bitcoin gradually becomes more stable and profits from bitcoin will gradually become smaller. I don't want this to happen and I believe many people don't want this to happen either.

I think the bull and bear markets still exist but the scale is smaller and does not have a significant decline like the previous year or cycle, because the competition for accumulation is getting bigger because of the ETF the bitcoin market can also be touched by more investors, so many assume that the decline in bitcoin will not be as deep as in previous cycles, most of which used to be retail investors but now institutions that have greater financial fundamentals are also competing, regarding the possible increase I think it is far more likely that today's prices are still relatively cheap than what should get the attention of many investors.

The biggest reason is that we are not competing with retailers anymore in accumulating bitcoin.

If volatility decreases it will also make the cryptocurrency market less attractive because most of us choose bitcoin and cryptocurrencies because of their high volatility, and think the stock market is boring.

Personally, I am thinking of a scenario where bitcoin will gradually stabilize and will be the game of Wall Street, but with the altcoin market nothing will change. I mean bitcoin will gradually become an asset with stable growth like gold and no longer be as volatile as before, but the alts market will still have pump and dump cycles because that is necessary if the market makers want to retain and attract players. The volatile nature is what makes cryptocurrencies different from other markets, if it disappears people will lose interest.

If you pay attention to the bitcoin rainbow chart, you must have seen that bitcoin fluctuations have indeed decreased, but if compared to S&P or the wall street game that you made, bitcoin will be an asset that has higher fluctuations among assets such as stocks and others.

If talking about stable gold I don't think so, it's too far away, because bitcoin is the riskiest asset compared to gold if seen from my perspective, bitcoin will have a Dump and Pump cycle too but relatively lower, unless retail bitcoin investors have very massive growth it might have a much bigger impact on its fluctuations, because retail must be easily consumed by fomo and also panic sell.

Talking about altcoins is definitely crazier especially on coins or tokens that don't have many fundamentals.

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Quote from: Lucius on June 10, 2024, 09:17:18 AM

I don't know if you have been active in the past two years, but you are asking questions that you should know the answer to. You and everyone else should have realized how important the spot BTC ETF (US) was to the price, but you obviously thought the halving was the only thing to wait for.

I missed a year or two on this forum and in the crypto world recently. I understand how important the spot Bitcoin ETF approval was but things are very strange. When ETF approval was announced, the price was pumping up but when it got officially approved, it looked like almost nothing happened, then very slowly, the price continued rising but on the other hand, we also see that the price has been rising up steadily for a very long time and it went from 15K to 70K which is a huge boost, it's not 2016 when the price was 500 dollars.

As I was expecting, the price fell from 72K and it's down to 66K.

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Quote from: bestcoins1 on June 10, 2024, 03:51:44 AM

Quote from: ololajulo on June 09, 2024, 03:44:52 PM

Don't be misled by the current market fluctuations. A bull market is on the horizon. Hold on tight to your Bitcoin and altcoins until we see a significant surge. The cycle isn't complete until the bull market arrives what we're experiencing now is just the beginning.

Bitcoin could be the first option that should still be maintained in the current conditions because the potential for a larger price increase is still very possible for Bitcoin. But for altcoins, I think everyone still has to filter them to find out the best ones, unless the altcoin is already a top altcoin in terms of volume and also in terms of fame through the development of its own network. However, for Bitcoin, I think there is no need to hesitate to keep holding it until the bullish cycle is seen again in the market with a significant price spike.

I do believe that we are going to end up with something that will take a while but I think you are definitely right. The amount of people who doubt bitcoin is beyond my understanding, of course it will take a long time and of course it will go up, all these people who think that bear will come back now, are making absolutely no sense at all, of course it will not make a comeback, we are not even half done yet, we are going to see 100k+ easily.

Halving doesn't go into effect before the year ends, it is not really something that ends this quickly. We will have a great 2025, and then eventually after it peaks at 2025, it will start to drop more and more, 2025 will see a lower price eventually from the peak, and then 2026 will be a horrible year.

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Quote from: tabas on June 10, 2024, 08:27:12 AM

That's true and we have to wait until it comes next year. This is still a long period of this bull run cycle and all of us are optimistic for its run. I'm holding to my holdings and I know that the right time will come and everyone is planning to get their share worth it when the time has come.

Five years ago, I wouldn't have believed that a bull market would come the following year. However, after the last bull market, I've come to understand that Bitcoin's current price levels make it unlikely for a sudden surge in just 1 or 2 months. Instead, the price will rise with frequent dips, making it hard to predict when the bull market is truly established. This uncertainty has trapped many long-time traders who didn't take enough profit, or any profit at all, during the last market cycle.

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Quote from: shield132 on June 05, 2024, 04:14:57 AM

This year I was expecting that we would see a main bull run later after halving, in winter, like we see traditionally but today the situation is absolutely different, we saw an all-time high of many coins very soon and the price has been increasing for months, good news after good news, now I can't imagine how long this bull market will last. At the moment, it looks like there is no place for bears and after so much positive news, I can't imagine what should happen to make people start selling.
What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?

I think we are still yet to see a bull run because the price is still never high enough, which will make us think that this is a bull market, and the way people are talking and how the bull run normally comes means the bull run is still never arriving. Let us not rush and sell thinking that the price has ATH. Let us keep our eye on the market. The bull will come because of ETF, which makes you think that we are already in the bull, which we are still yet to reach. Even though I know things may not be the same as last bull run, perhaps they will change, so let's wait and see what happens.

STT

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Bears dont get to take advantage easily, this is not a fractional type system like FIAT. To sell BTC you must first own or aquire BTC and the easiest source of that has been miners from new blocks.

With halvening happening and the previous reductions in block reward we do have the tightening of supply. That effect only becomes more obvious as the year progresses so this talk of bears having any advantage is opposite to what is underneath the price action in supply and demand.

I do think people are a little bit too impatient also, in terms of time its only really been 6 months or so since we left the 20k prices. 20k was first seen in 2017 allegedly though it was quite brief, so BTC reached back a very long way to check support and prepare for its recovery. This cycle is going to stretch a bit further and last a bit longer then 6 months imo, it may require alot more patience to see the end but its worth waiting for.

Lucius

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Quote from: shield132 on June 07, 2024, 03:07:08 PM

I think I need to be more concrete. It's definitely not a time for a full bear market because halving happened a month ago and at least for a year, the bull market is guaranteed but isn't this rise unusual? Since November 21, 2022, Bitcoin's price has been going up and up from 15K. What triggered it? It went up from 15.5K to 73.7K and there hasn't been a single moment of a significant struggle for Bitcoin's price since that day.

Do you remember what happened when the Do Kwon scam project started to fail - or what happened when the scam project from the "genius" Bankman collapsed? The price of $15k was a direct result of those scandals, and after a while the market started to recover and behave more optimistically, considering that the approval of spot ETFs in the US became more and more likely, considering that BlackRock joined the game.

I don't know if you have been active in the past two years, but you are asking questions that you should know the answer to. You and everyone else should have realized how important the spot BTC ETF (US) was to the price, but you obviously thought the halving was the only thing to wait for.

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Quote from: ololajulo on June 09, 2024, 03:44:52 PM

Quote from: tabas on June 09, 2024, 03:26:21 PM

I don't think that we'll see this bull run up until the next halving. But what's good is that every cycle that we're coming in, we're having a new higher low for Bitcoin and the price is going to be higher compared to the last cycle of bull run. And anticipating the bears, that might take on 2026 for which most of us are assuming that this year to 2025 is likely the actual bull run, and the peak might appear from 9-10 months from now on. But who knows? every cycle is becoming different and depends on the news that will come out unexpectedly.

Don't be misled by the current market fluctuations. A bull market is on the horizon. Hold on tight to your Bitcoin and altcoins until we see a significant surge.

The start of the year was already the sign of it. But to say for the next halving, it's for the other cycle that we should wait for. Well, these fluctuations are essential and this is a factor that a holder or investor has to consider but if you're long term, no need to be worried with such.

Quote from: ololajulo on June 09, 2024, 03:44:52 PM

The cycle isn't complete until the bull market arrives what we're experiencing now is just the beginning.

That's true and we have to wait until it comes next year. This is still a long period of this bull run cycle and all of us are optimistic for its run. I'm holding to my holdings and I know that the right time will come and everyone is planning to get their share worth it when the time has come.

bestcoins1

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Quote from: ololajulo on June 09, 2024, 03:44:52 PM

Don't be misled by the current market fluctuations. A bull market is on the horizon. Hold on tight to your Bitcoin and altcoins until we see a significant surge. The cycle isn't complete until the bull market arrives what we're experiencing now is just the beginning.

Bitcoin could be the first option that should still be maintained in the current conditions because the potential for a larger price increase is still very possible for Bitcoin. But for altcoins, I think everyone still has to filter them to find out the best ones, unless the altcoin is already a top altcoin in terms of volume and also in terms of fame through the development of its own network. However, for Bitcoin, I think there is no need to hesitate to keep holding it until the bullish cycle is seen again in the market with a significant price spike.

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Quote from: shield132 on June 05, 2024, 04:14:57 AM

This year I was expecting that we would see a main bull run later after halving, in winter, like we see traditionally but today the situation is absolutely different, we saw an all-time high of many coins very soon and the price has been increasing for months, good news after good news, now I can't imagine how long this bull market will last. At the moment, it looks like there is no place for bears and after so much positive news, I can't imagine what should happen to make people start selling.
What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?

I do remember that there are halving season that brings effect in Winter but that is depending when the halving takes place , so what aer you expecting now is something not tolerable because you forgot to mentioned about that ETF that makes the movement very different this year.
look at how the recent ATH being broken before the halving happens? that is one thing that only now that we experienced .

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Quote from: khiholangkang on June 09, 2024, 12:36:41 PM

Quote from: Marvell1 on June 09, 2024, 09:50:53 AM

Quote from: Wapfika on June 08, 2024, 10:47:19 AM

Quote from: shield132 on June 05, 2024, 04:14:57 AM

What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?

We might not see the same bear market before due to existence of ETF. We have the traditional market investors playing already in the crypto market that makes Bitcoin price less volatile which most of the altcoins follows in terms price trend.

Maybe can experience minor correction like 10% to 30% but not the same correction before that go as low as 50% due to volume being supplied by ETF. ETF investors purchased the dump made by crypto traders that’s it’s always picking up whenever we hitting 60K support.

That's still a question mark, and if what you say is true it means we won't see a bear market anymore, bitcoin won't drop 50%-70% like before and that means that we will no longer have bull season. I mean we won't have a bull run like everyone expecting, a market where bitcoin will increase 2x, 3x from current price, many altcoins will increase x5-x10? And the market gradually start moving like the stock market?

Bitcoin gradually becomes more stable and profits from bitcoin will gradually become smaller. I don't want this to happen and I believe many people don't want this to happen either.

I think the bull and bear markets still exist but the scale is smaller and does not have a significant decline like the previous year or cycle, because the competition for accumulation is getting bigger because of the ETF the bitcoin market can also be touched by more investors, so many assume that the decline in bitcoin will not be as deep as in previous cycles, most of which used to be retail investors but now institutions that have greater financial fundamentals are also competing, regarding the possible increase I think it is far more likely that today's prices are still relatively cheap than what should get the attention of many investors.

The biggest reason is that we are not competing with retailers anymore in accumulating bitcoin.

If volatility decreases it will also make the cryptocurrency market less attractive because most of us choose bitcoin and cryptocurrencies because of their high volatility, and think the stock market is boring.

Personally, I am thinking of a scenario where bitcoin will gradually stabilize and will be the game of Wall Street, but with the altcoin market nothing will change. I mean bitcoin will gradually become an asset with stable growth like gold and no longer be as volatile as before, but the alts market will still have pump and dump cycles because that is necessary if the market makers want to retain and attract players. The volatile nature is what makes cryptocurrencies different from other markets, if it disappears people will lose interest.

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Quote from: tabas on June 09, 2024, 03:26:21 PM

I don't think that we'll see this bull run up until the next halving. But what's good is that every cycle that we're coming in, we're having a new higher low for Bitcoin and the price is going to be higher compared to the last cycle of bull run. And anticipating the bears, that might take on 2026 for which most of us are assuming that this year to 2025 is likely the actual bull run, and the peak might appear from 9-10 months from now on. But who knows? every cycle is becoming different and depends on the news that will come out unexpectedly.

Don't be misled by the current market fluctuations. A bull market is on the horizon. Hold on tight to your Bitcoin and altcoins until we see a significant surge. The cycle isn't complete until the bull market arrives what we're experiencing now is just the beginning.

tabas

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I don't think that we'll see this bull run up until the next halving. But what's good is that every cycle that we're coming in, we're having a new higher low for Bitcoin and the price is going to be higher compared to the last cycle of bull run. And anticipating the bears, that might take on 2026 for which most of us are assuming that this year to 2025 is likely the actual bull run, and the peak might appear from 9-10 months from now on. But who knows? every cycle is becoming different and depends on the news that will come out unexpectedly.

khiholangkang

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Quote from: Marvell1 on June 09, 2024, 09:50:53 AM

Quote from: Wapfika on June 08, 2024, 10:47:19 AM

Quote from: shield132 on June 05, 2024, 04:14:57 AM

What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?

We might not see the same bear market before due to existence of ETF. We have the traditional market investors playing already in the crypto market that makes Bitcoin price less volatile which most of the altcoins follows in terms price trend.

Maybe can experience minor correction like 10% to 30% but not the same correction before that go as low as 50% due to volume being supplied by ETF. ETF investors purchased the dump made by crypto traders that’s it’s always picking up whenever we hitting 60K support.

That's still a question mark, and if what you say is true it means we won't see a bear market anymore, bitcoin won't drop 50%-70% like before and that means that we will no longer have bull season. I mean we won't have a bull run like everyone expecting, a market where bitcoin will increase 2x, 3x from current price, many altcoins will increase x5-x10? And the market gradually start moving like the stock market?

Bitcoin gradually becomes more stable and profits from bitcoin will gradually become smaller. I don't want this to happen and I believe many people don't want this to happen either.

I think the bull and bear markets still exist but the scale is smaller and does not have a significant decline like the previous year or cycle, because the competition for accumulation is getting bigger because of the ETF the bitcoin market can also be touched by more investors, so many assume that the decline in bitcoin will not be as deep as in previous cycles, most of which used to be retail investors but now institutions that have greater financial fundamentals are also competing, regarding the possible increase I think it is far more likely that today's prices are still relatively cheap than what should get the attention of many investors.

The biggest reason is that we are not competing with retailers anymore in accumulating bitcoin.

Marvell1

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Quote from: Wapfika on June 08, 2024, 10:47:19 AM

Quote from: shield132 on June 05, 2024, 04:14:57 AM

What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?

We might not see the same bear market before due to existence of ETF. We have the traditional market investors playing already in the crypto market that makes Bitcoin price less volatile which most of the altcoins follows in terms price trend.

Maybe can experience minor correction like 10% to 30% but not the same correction before that go as low as 50% due to volume being supplied by ETF. ETF investors purchased the dump made by crypto traders that’s it’s always picking up whenever we hitting 60K support.

That's still a question mark, and if what you say is true it means we won't see a bear market anymore, bitcoin won't drop 50%-70% like before and that means that we will no longer have bull season. I mean we won't have a bull run like everyone expecting, a market where bitcoin will increase 2x, 3x from current price, many altcoins will increase x5-x10? And the market gradually start moving like the stock market?

Bitcoin gradually becomes more stable and profits from bitcoin will gradually become smaller. I don't want this to happen and I believe many people don't want this to happen either.

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Quote from: shield132 on June 05, 2024, 04:14:57 AM

This year I was expecting that we would see a main bull run later after halving, in winter, like we see traditionally but today the situation is absolutely different, we saw an all-time high of many coins very soon and the price has been increasing for months, good news after good news, now I can't imagine how long this bull market will last. At the moment, it looks like there is no place for bears and after so much positive news, I can't imagine what should happen to make people start selling.
What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?

I think that the winter-spring bull run has ended. It's clear that the BTC price can't push above 70K USD. I expect a slow decline during the summer and another bull run in the last three months of 2024. The bears will have a chance to make some profits during the summer.
Maybe the massive bull run will begin in 2025, when finally the global conflicts in Ukraine and Gaza will have to deescalate and the FED will start lowering the interest rates. I actually heard some news that the European Central bank lowered the interest rates recently. This is a sign that the period with high interest rates is coming to an end.

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Quote from: shield132 on June 05, 2024, 04:14:57 AM

What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?

We might not see the same bear market before due to existence of ETF. We have the traditional market investors playing already in the crypto market that makes Bitcoin price less volatile which most of the altcoins follows in terms price trend.

Maybe can experience minor correction like 10% to 30% but not the same correction before that go as low as 50% due to volume being supplied by ETF. ETF investors purchased the dump made by crypto traders that’s it’s always picking up whenever we hitting 60K support.

Iranus

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Bitcoin hitting its pre-halving ATH was a surprise, but that doesn't mean the bull season has begun. It is true that there have been some altcoins that have recovered and reached new ATHs, most recently BNB, but it is still not what many people expected. As I understand it, the bull season that everyone is still waiting for is when we see bitcoin rise like crazy and with it a series of altcoins that will generate x5, x10 profits in a short period of time. And a clear sign that we are in bull season is the hype surrounding memecoin and it attracting many newbies to the market, the media will continuously report on projects that generate profits of 1000%, 10000%...But up to now, besides bitcoin, the altcoin market is still very gloomy and has had many corrections. I also haven't seen too many newbies entering the market...So I think we haven't officially entered bull season, let alone bear season.

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Quote from: shield132 on June 05, 2024, 04:14:57 AM

What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?

I often read about several Bitcoin investors who have various speculations about the crypto market in general, they complain a lot about price speculation on other cryptos, besides Bitcoin, they said whether only Bitcoin had the highest price after the halving or was there a certain time for other types of crypto that could see price increases in the market.

Understanding other types of crypto besides Bitcoin is still a mystery, whether investors are afraid to invest in other crypto, who knows, could it be due to the badness of several types of crypto that have had problems in the past, such as Luna and so on, There have been halvings twice, with no good impact on other cryptocurrencies or investors who are confused and don't want to take risks, I hope my presumption is wrong, so I hope we will see where the halving happened in 2017.

Topic: When will the bears take advantage? This bull run lasts so long - page 2. (Read 584 times)