I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.
I was buying all along the bottom of the bear market so current prices do not interest me too much as I got in a lot lower so I am just waiting to take profits.
Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?
I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.
How is everyone else feeling?
Isn't there some contradiction in your post? First of all, you don't consider this a real bull run, but I think that some of the investors got spoiled along the way because they have too often watched the graph on Coinmarketcap when BTC went from cents to thousands of dollars. The definition of a bull run has changed in my eyes. Within one year BTC has increased by 100%. There are not a lot of assets giving you 100% within 12 months. For some who sold at above 70k, it was much more than that.
But some here are ignoring the numbers behind these runs and under which circumstances they took place. When you look at the LOG graph on Coinmarketcap, BTC has been steadily going up. Back at the time when BTC was in the cents or the dollars, millions on inflow were able to move the market price significantly. Now if you want to double the BTC price, you need about a trillion to flow into BTC. $1,000,000,000,000 - or one thousand billions of dollars.
In my opinion when BTC doubles in price these days, then it could definitely be called bullish. It is crazy how much money is needed to move the price that much. That's why I am surprised that some still think it is time for BTC to go 10x in no time. I believe that BTC can go 10x, but unlikely that this is going to happen in no time.
That's why I would like to understand what a real bull run is as per your definition?