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Topic: When Will The Next Bitcoin Bull-Run Be? and Binance CEO Says... (Read 189 times)

hero member
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CZ voices his opinion just like everyone else in crypto can or already doing, it doesn't matter if he is the ceo of the top exchange or an ordinary investor like me. The bull circle will be maintained which has always been since the beginning of btc.
I like to believe we will be experiencing more uptrend towards the btc halving and after before the full bull season began. Whichever way it goes it will be an exciting period.
hero member
Activity: 1666
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Well I have to agree with him on somethings he said. Unlike what people think that the year if Bitcoin halving has always brought in a bull run, this has not been so as many time the year of the halving never sees the bull run but the bull run comes after the Bitcoin halving year.

Well like I have always said that predictions aren't certain so it could still happen that the bull run might be same year as the halving which is 2024.
hero member
Activity: 1386
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My analysis is also same about bull run and I have already mentioned many times here that after the halving event their comes bullish run and then bearish cycle. But I had this doubt in my mind about this prediction of mine.

That this prediction will not prove as to be true because back in time less people were aware of this pattern of market but now a lot of people already known this pattern and already prepared for it. This insures 100% profit according to everyone's predictions and that has put me in doubt.

Well, lets see, what will happen as CZ also predicted the same pattern of market future and I have read another topic in which 81% institutional investors thinks market will be in bull run in the next 12 month while 100% thinks they market will have more potential in decade. I know this does not ensure confirm bull run but let's hope for good.
hero member
Activity: 882
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I can't misquote the fact Zhao is public figure and influential in that matter, but we must learn to understand that whatever they says could either come true or not but we should try to do things on our owe as they may drives many people into losing their assets in just a common mistake of misinformation.
Naturally we all believed that bitcoin halving is around the corner and we know what comes before and after bitcoin halving, whomever that doesn't know about all these and follows what people's are at higher risk to lose their money and investment.

Quote
“Anyone who’s coming into crypto that’s not in crypto today will bring additional people into crypto. Will they compete for any of the existing users with us? Yes, probably a little bit. But to be honest, look at our user base. The overlap is minimal.”

This could be Yes and No, because anyone who had an ugly experience would never want their friends to come into crypto meaning while making investment or following some people we think are very special we should also understand that any information give out today that doesn't favor people may also contributes to people loosing interest about what they are give out to people out there.
Ucy
sr. member
Activity: 2674
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We are already in Bull market, the next bull market could come as early as next month or two if we want it so. Bitcoin now serves another master who currently controls its price.  The price has been reconfigured to respond positively to things that are good for Bitcoin and according to its good ideals/principles.
Centralized influences can nolonger have positive impact on the price of Bitcoin. They are as useless as centralized social media is on the ideal Bitcoin. The power is in decentralization and other things that are according to Bitcoin ideals. These are part of the positive developments that could move price up pretty easily
Things are nolonger what it used to be. Centralized powers were defeated couple of years ago and can no longer influence the price or predict it correctly.


Bitcoin will move slightly above 32,000 before the bear is allowed to takeover for sometimes. The Bull remains in control for now.
full member
Activity: 826
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Yes, this has been repeated by many different people, not only CZ has the same opinion about btc and the crypto market, I also understand that speculating about the future is not a solid guarantee for that, but clearly Everyone has their own reasons for future price increases. The halving event can really be the source of everything, right now the various news moves make me relate to a game of market manipulation.
Obviously, a lot has changed since 2022, we have seen price fluctuations, as well as the clutter of big names in the economic field as well as in the crypto market.
sr. member
Activity: 1106
Merit: 391
Of the several halvings, the bull run will usually occur a few months after the halving, it will not appear immediately on or before the halving. And hopefully it will be, because I'm expecting quite a lot from this.

Asked whether he was concerned about BlackRock’s recent entry into the spot Bitcoin exchange-traded fund arena, CZ welcomed it, saying it is “hugely beneficial” for the crypto industry.

Well, I don't think that BlackRock's entry will have any impact on the crypto market. It might increase its value, but it is only for a short time, after that they will play with the price of Bitcoin and make a lot of speculation on it. So my response is different from CZ who said that it is hugely beneficial to the crypto market, I said that it might be the beginning of BlackRock's sinister plan to damage the crypto market.
legendary
Activity: 1372
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Nothing new at all,

What CZ said is what so many forum members already know and we are expecting the same.

What he has said has been know by most of us and there is nothing new in his statement.

I believe that this interview is more useful to those who do not know this world than to us. Basically it is what we expect to happen based on a similarity of the past repeating itself in some way in the next cycle, although in this cycle the bullish forecasts also based on the past with complicated models like S2F all failed by a lot, so we will have to see what the next cycle has in store for us to continue drawing conclusions.
sr. member
Activity: 728
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After every Bitcoin halving the real uptrend always begin, some people are actually awaiting for the halving season to start accumulation but it's not certain is Bitcoin will go below 20,000$ again, still I always .make sure that I don't run out of Fiat and USD, no matter what you believe will happen in the market do not run out of USD, a 40% drop is still very likely in near future and again we might also not see a new dump ever again.

Instead of trying to figure out which is which its better prepare yourselves for both possible outcome, we can either pump or dump so prepare yourself for pumps and dumps, accumulate and have some USD, you will have the best tale to tell by 2025.
hero member
Activity: 1316
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When it comes to the next Bitcoin bull market, CZ seems to be balancing a lighthearted optimism with some cautious caution. It shows his faith in trends that he says "the year after Bitcoin halving is usually the bull year," but such predictions are highly speculative and hence fraught with danger.

The enthusiasm with which CZ has greeted BlackRock's foray into the bitcoin market is funny. While his words and actions show he views them as a partner rather than a rival, I worry that this might throw off the equilibrium of the market. Given BlackRock's enormous size and influence, his argument that the two companies' client bases overlap just "minimally" comes out as foolish.

His statement about potential regulatory action against Binance reads like a nervous tightrope dance between cautious optimism and full disclosure. Regulatory obstacles may have a significant impact on the longevity and credibility of a platform.
sr. member
Activity: 812
Merit: 315
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Yeah, the next bull run is supposed to follow the same cycle as every previous one.

I wonder if further problems for Binance would be a strong enough barrier for a bull run. It’s interesting to see how these CEX problems unfold, there’ll be interesting times ahead.
We should be prepared anyways because history might still adjust a bit, the next bull run might start sooner than many expected or even later but I won't prepare myself base on past history market actions because if that doesn't happen there might be a new panic unfold because of many expectations from many investors.


It's better to be prepared for any outcome in this crypto space, and it's better to invest only what you can afford to lose, no one knows when the next bull run will start but we can only expect after the halving.
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
I don't go on the basis of current market and news, I will tell you the answer of your question on the 4 year cycle of Bitcoin, which is statistically proven many times in the past.
Bitcoin Halving is going to be in April 2024 or May, then It takes one year and 6 months to reach the next All-Time High price for Bitcoin.

If we calculate 1 year and 6 months from May 2024, it tells us November, 2025. That's when I think will be next ATH.
sr. member
Activity: 756
Merit: 390
What he has said has been know by most of us and there is nothing new in his statement. What we all need to look at is his timing of giving this statement. We all know that many institutions have filed for Bitcoin ETF, approval of an ETF takes around 90 days. Which means by October of this year we might see some traction on the existing price of Bitcoin, the condition here is if an ETF is approved by the SEC. Most probably his statement suggest that ETF might get approved and if it does then before halving, Bitcoin might reach to its last ATH and after halving it might create new ATH.

All of this sounds like market manipulation, as after hearing his statement a lot of Bitcoin enthusiast would start accumulating Bitcoin. What he might have forgotten that the current global economy situation is not that good. Rather investing in Bitcoin, people would think about saving the money for the future. I won't be suprise if the number of small countries line-up infornt of IMF for lending to help their economic situation. The economically big countries don't need a loan but the rising inflation would stop its citizens from investing money in Bitcoin.
jr. member
Activity: 40
Merit: 1
You should understand that no one knows exactly what will happen in the future. People can say and predict a lot of things, but that doesn't mean it's true.

I think we should rely only on our own research and calculations. Maybe 2025 will be bullish.
legendary
Activity: 1666
Merit: 1037
CZ explained that the price of Bitcoin has historically moved in four-year bull cycles and his best bet was that this would continue to occur.

While he admitted that he couldn’t see the future, Zhao emphasized the upcoming Bitcoin halving event in 2024 and declared 2025 to be the most likely year for the next bull market, stating:

    “The year after Bitcoin halving is usually the bull year.“
Anyway the next Bitcoin Halving estimated period will be in 285 days.
Including CZ also some of other crypto experts and enthusiasts already predicted about the next Bull Season. Co Founder of Huobi said that following the halving event we may see the bull run in 2024 or 2025. Another crypto expert described that Bitcoin rally will probably occur 6 to 12 months ahead of the halving. I appreciate their predictions and they predicted it observing the demand and the past histories.
Here is the price chart of halving period and later:

If we see the last Bull season Bitcoin price rallied upto 622% after the halving . In my opinion the next Bull season will start earlier like in Q3 or Q4 in 2024 . Because Bitcoin is now more popular and adopted by many people and companies. People are now aware and learned a good lesson from the past halving events. So my prediction is that Bull Season will start in 2024 but we may see ATH in 2025.

There's something key that most people are missing from these predictions....that is the relief/recovery before the halving.

As you can see across all of the charts, Bitcoin is already recovering before the bull cycle begins. These bull run predictions are all predicting continuations from ATH, not really considering the rise prior.

I find it extremely suspicious that large exchange owners are predicting a bull run 6-12 months after the halving. Demand is completely different this time around, I think entering in 2025 would be entering well and truly into the bull cycle...rather than entering before it starting.
hero member
Activity: 560
Merit: 511
What CZ said is what so many forum members already know and we are expecting the same. If you have study bitcoin life cycle,you will notice that history repeats itself in every four years. That is why the advise presently,is to hodli you bitcoin till the next bull run which will be 2025. The halving is April next year and after they halving,we would wait for a little time before the bull run will come. We have had a lot of this discussion so many times. If CZ and Binance doesn't know this then something is wrong somewhere. For this event to take place it is institutes and investors that will be rushing to buy bitcoin making the demand to be higher than this supply and this will skyrocket bitcoin price.
hero member
Activity: 994
Merit: 1089
Nothing new at all, i know some of you want to see Binance and CZ as being BTC's bank and "voice" respectively, but everything CZ said in that session about the bull run is what everyone knows already, and those who don't know it are probably not reading.
legendary
Activity: 1134
Merit: 1598
Yeah, the next bull run is supposed to follow the same cycle as every previous one.

I wonder if further problems for Binance would be a strong enough barrier for a bull run. It’s interesting to see how these CEX problems unfold, there’ll be interesting times ahead.
full member
Activity: 658
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CZ explained that the price of Bitcoin has historically moved in four-year bull cycles and his best bet was that this would continue to occur.

While he admitted that he couldn’t see the future, Zhao emphasized the upcoming Bitcoin halving event in 2024 and declared 2025 to be the most likely year for the next bull market, stating:

    “The year after Bitcoin halving is usually the bull year.“
Anyway the next Bitcoin Halving estimated period will be in 285 days.
Including CZ also some of other crypto experts and enthusiasts already predicted about the next Bull Season. Co Founder of Huobi said that following the halving event we may see the bull run in 2024 or 2025. Another crypto expert described that Bitcoin rally will probably occur 6 to 12 months ahead of the halving. I appreciate their predictions and they predicted it observing the demand and the past histories.
Here is the price chart of halving period and later:

If we see the last Bull season Bitcoin price rallied upto 622% after the halving . In my opinion the next Bull season will start earlier like in Q3 or Q4 in 2024 . Because Bitcoin is now more popular and adopted by many people and companies. People are now aware and learned a good lesson from the past halving events. So my prediction is that Bull Season will start in 2024 but we may see ATH in 2025.
hero member
Activity: 812
Merit: 560
Binance CEO Changpeng “CZ” Zhao has delivered his prediction for the next Bitcoin bull market.

The bitcoin bullrun comes in at the onset of the bitcoin halving which occurs after every four years and next year will mark another experience in this, we are not working by what the public figures says about bitcoin or the coming halving than what the bitcoin network gives as an accurate timing for it to come in place, so if i may talk from this perspective the more then i will say we are less concerned about CZ comment on this.

CZ explained that the price of Bitcoin has historically moved in four-year bull cycles and his best bet was that this would continue to occur.

You're making this discussion more of exchanges discussion because we are less concerned about cz in the context of this.

    “The year after Bitcoin halving is usually the bull year.“

Bullrun occurs normally during or after the halving.

Asked whether he was concerned about BlackRock’s recent entry into the spot Bitcoin exchange-traded fund arena, CZ welcomed it, saying it is “hugely beneficial” for the crypto industry.

Or rather beneficial to people like them who are centralized exchange and Institutions that are after making their own profit by satisfying their clients, spot bitcoin ETF will give them more opportunities for making more offers for their investors and increases their services as well to them, but either of the decision is being beneficial to the bitcoin network.
full member
Activity: 868
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Binance CEO Changpeng “CZ” Zhao has delivered his prediction for the next Bitcoin bull market.

In a July 5 “ask me anything” session on Twitter, CZ covered BlackRock's intention to enter the crypto market, updated listeners about ongoing regulatory action against the exchange, and gave his thoughts on the next bull run.

CZ explained that the price of Bitcoin has historically moved in four-year bull cycles and his best bet was that this would continue to occur.

While he admitted that he couldn’t see the future, Zhao emphasized the upcoming Bitcoin halving event in 2024 and declared 2025 to be the most likely year for the next bull market, stating:

    “The year after Bitcoin halving is usually the bull year.“

Asked whether he was concerned about BlackRock’s recent entry into the spot Bitcoin exchange-traded fund arena, CZ welcomed it, saying it is “hugely beneficial” for the crypto industry.

Since the firm’s June 15 filing, many have raised concerns that the intention of major TradFi firms stands in direct contrast to the ethos of Bitcoin as a decentralized monetary network.
 
Zhao also brushed off concerns that BlackRock could eat up Binance’s market share in the future, describing the overlap between their respective customer bases as “minimal.”

    “Anyone who’s coming into crypto that’s not in crypto today will bring additional people into crypto. Will they compete for any of the existing users with us? Yes, probably a little bit. But to be honest, look at our user base. The overlap is minimal.”

Zhao explained that increased institutional interest and Bitcoin’s upcoming halving are the two primary reasons why Binance wants to be “prepared for higher [trading] volumes” over the next eighteen months.

Zhao’s comments come just hours after BlackRock CEO Larry Fink praised Bitcoin as an “international asset,” saying that it could be used to hedge against inflation and the devaluation of certain fiat currencies.

During the Twitter Space, Zhao was also questioned about the status of regulatory action against his exchange. While he acknowledged that he couldn’t talk specifics, Zhao said that he and Binance are looking for “the most expedient, reasonable and mutually agreeable solution possible.”

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