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?
it is obvious that cryptocurrency especially Bitcoin market price is unpredictable that is why I don't believe in some speculations of the price of Bitcoin and any other cryptocurrencies so therefore what u know that is important to anyone who want to sell it bitcoin is when you know what you're doing...in norms the price of bitcoin increasing is been determined by the gravity of the demands, when the demand is lesser the price of bitcoin will drop in value and when the demand is higher the price retardant to high. Let me say this that bear market should not put fear or make you to panic, because is obvious that both bullrun and bearish season is what makes the profit and loss exist in cryptocurrency generally mostly bitcoin investors, so you don't need to be afraid of bitcoin market.
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.
The price seems not high like the bullish price we expect after halving but still good enough to see. But I understand why the current situation is different from the previous sentiments after halving it is due to the mindset of the investors changing as well. It is not only the FUD but also political and conflicts in some countries affecting the situation. The majority are not holding long and patience unlike before but selling easily when short pumps come.
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 couldn't say when but I expect this will happen 2nd quarter next year. The situation is uncertain and we can really feel the bull season that we expect, something missing like what we experienced in the past.
Expectations of bullrun is just imagination and also exaggeration to everyone, their is something I know very well that sometimes that deceived us, what makes us to think that something that's not real be real is base on information we obtain, I don't like to air my interior intension out, base on I know very well that cryptocurrency price is unstable and the price can interchange at any time, so we should not believe that bitcoin price will just skyrocket without experiencing fluctuations in price tag.
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.
The price seems not high like the bullish price we expect after halving but still good enough to see. But I understand why the current situation is different from the previous sentiments after halving it is due to the mindset of the investors changing as well. It is not only the FUD but also political and conflicts in some countries affecting the situation. The majority are not holding long and patience unlike before but selling easily when short pumps come.
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 couldn't say when but I expect this will happen 2nd quarter next year. The situation is uncertain and we can really feel the bull season that we expect, something missing like what we experienced in the past.
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?
The bull run hasn't even started.
Price still sitting right around previous cycle ATH. The early pump past the old ATH was entirely from the ETFs buying and hype surrounding that. You'll know the bull run has started once the price starts flying up higher from this range, making current prices seems very low. And yes people will turn into sellers eventually if price gets out of control like it always does during bull markets. It is generally expected the bull run will peak middle-to-late next year and then we'll have another bear market.
As I stipulated before that price of bitcoin is unpredictable and I know very well that bullrun manifest when their is a quantum of demands, and is obvious that when supply is higher than demands it really affect the chances of bitcoin getting increase in the market, so I believe that price of bitcoin can never be constant....And its clear that when enter into bullrun the market will change colour, and it will affect other cryptocurrencies, for now I don't think that bullrun season has kick-off.