Where is the bullrun??? - page 4. | Bitcointalksearch.org

pooya87

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have studied about reading charts

The thing about charts is that they show you the history not the future. This is why I never liked Technical Analysis.

What affects the markets are not seen on charts either. For example these days the global economy is in a very bad shape that keeps on getting worse specifically with growing recession. This creates an increased sell pressure while removes the money that was coming in (or at least part of it). This is why the rise becomes increasingly difficult and bull run you have in mind hasn't started yet.

The bull run is inevitable though. Because despite having recession in most of the world we also have inflation and that means bitcoin price is guaranteed to go up as fiat currencies are dumping even though some are not showing it since they are being kept high artificially (eg. by increasing interest rates that has caused recession).

As you can see none of the things I mentioned can be predicted on charts.

yhiaali3

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Well, it is certain that the price of Bitcoin will explode, but not necessarily in the short term. It may be in the medium or long term, but it is certain that it will explode.

There are many reasons that lead me and those who are optimistic about the future of Bitcoin to believe that the price will explode soon. The most important indicators are the movements of whales that are accumulating huge amounts and preparing to explode.

Among the latest news I heard yesterday was that Bitcoin whales collected $1.4 billion in 24 hours amid a market correction. This is a very strong indicator because whales cannot buy to lose.

tygeade

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Quote from: angrybirdy on June 14, 2024, 07:35:44 AM

Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

You said that you have studied reading charts but unfortunately, you seem to not understand much about it. maybe you need more time and effort to learn more not focusing only to reading charts. There are a lot more factors that considers the price movement of the market, specifically BTC. No one here thinks that a bull run will happen now. A lot of us may expect it but no onw said that it will be short term. The right time will come till it happen, be patient and use that time to gain knowledge while you are patiently waiting.

It also seem to me that you are only hyped by the people you see who are into crypto who's saying that Bitcoin will boom in no time. Sorry to say, that's not how it works in crypto. You need to understand deeper and know what it really is when it comes to investing in BTC.

I feel like he kinda nailed in the head? I mean he says that it doesn't seem like it will go up, and you said the same thing as well (I say it too) which means that we are all in agreement of the same thing, so not like he is making a mistake. Don't get me wrong, I am not saying that we are talking about something that is too complicated, I think it's quite fine to fix or find these type of things.

Chart reading is easy after a while, it takes time to learn it but it becomes quite easy with time and he seems to have a good grasp of things if he thinks that it doesn't look like there is a movement. I believe there won't be much during short term neither, it is going to stay about the same and not going to go anywhere.

FinePoine0

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

A bull market is likely to start very soon, don't be disappointed that the price of Bitcoin is falling at the moment. The low price of Bitcoin has created an opportunity for investors to invest. So those who have not yet participated in Bitcoin investment should invest quickly so that later bull run can fulfill its purpose.

Ndabagi01

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

The bull run time for bitcoin should not only be your main focus why you dive into bitcoin. That is just a possibility of it happening but cannot be easily explained when or how it will happen. If you focus more on that aspect, I’m sorry you’ll lose interest in it and won’t be able to acquire other things that can be own or known from owning a bitcoin. It has come a long way to distinguish itself and also have some characteristics that makes it attractive to people and the uniqueness will make you like it more amongst other cryptocurrencies. Don’t just see it as a coin that has potential to grow and make you a very big money. Study it more and you’ll see more exciting stuffs that it entails which will make you naturally not think too much about when the bull will come and it’ll just happen naturally.

$weetne$$

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

Bitcoin has a pattern that repeats always that is what is making everybody believe that the bull market is coming. The pattern involves Bitcoin rising after the halving has been completed and there are many reasons why this affects the price of Bitcoin in a good way. The halving reduces the rewards Bitcoin miners are going to be getting and this reduced the amount of Bitcoin being added to the already existing ones in the market. The reduction in new Bitcoin with the same demand or even more demand makes the price of Bitcoin to rise. Since old investors already knows this, they always buy more Bitcoin and this adds to the demand in the market. New Investors will too be buying and everything just moves in a positive way for Bitcoin during this time and makes the price to rise.

darkangel11

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The answer is - right around the corner. It's usually very close, waiting to happen in an unexpected moment, somewhere within the next 2 years after halving. We're just months from the halving, so it could as well start today or tomorrow.
There are a few rules that bitcoin follows. One of them is that whenever too many people believe something will happen it doesn't, so if too many people wait for a new high right now it will not happen until they give up, stop being too exited and stop reacting to these small 10% pumps and dumps. Then we'll have the real run up.
If I were to give you a date, I'd say August or September of this year.

Justbillywitt

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

You have to be patient, this is not the first time that we are expecting bullrun and it has never failed to happen that's why am convinced that it will surely take place. If you invested in bitcoin with a hope of immediate profit, I think you are going to be disappointed. This is the main reason why you are supposed to invest money you don't have immediate use for. If you happen to invest money you have immediate use for in bitcoin it's going to worry you and you are going to be under pressure if what you have been expecting isn't happening immediately. The bullrun is definitely going to happen but within late this year and early next year, but I can't guarantee you the exact date and month.

stomachgrowls

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

If this is your first time or newly engaged into this market then better sit down and watch on how this market behaves. We do know that this market does have that so called cycle on which means that you would really be able to see those up and downs on which it would really be basing up on trends. Also, come or put it into your mind that when it comes to technical analysis then there's no such thing about assurance that those
things will really be able to precisely predict on where the market would really be heading. Speaking about on when bull run happens then pretty sure it would really be happening on next year but no one ever knows about the exact date or time. Also, there were rumors that bull run could happen into this year too on which tons of speculations that you could really be able to read up into this market on which its not really that
shocking that tons of speculations that floats around.

As a noob then better expect the unexpected and no man or trader/investor into this market will really be able to have that 100% precision when it comes to movement and market
conditions. This is why positioning yourself would really be that something that will really be that hard.

moneystery

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just study again and you will be able to find the reason why until now the bullrun has not appeared because no one can predict when it will happen. if you ask where the bullrun is, then people's response will be the same as what i said. everyone is waiting, just like you are waiting, so before that happens you better learn more about bitcoin or better invest your money.

Coin_trader

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

Mostly people here especially the OG believes the Bitcoin cycle price pattern which double the previous ATH every cycle.

You can use the image below as reference on what I’m talking about. This kind of chart is very popular for Bitcoin analyst ever now and then after halving or whenever the previous ATH is already reached once again after big dump.

Note: Photo not mine source here https://www.tradingview.com/ideas/search/BITCOIN%204%20YEAR%20CYCLE/

STT

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The entire bullrun is not a bluff but consider multiple time frames for calling a bull run or bullish period of gains. The wider time frame remains bullish but as always BTC is a volatile acting asset and near term we are challenged.

Right this moment we are holding a downtrend that is either broken by gaining and holding above 67.5k or we are set continue downwards.

Medium term we have traded in a range or drifted sideways if you like since about March start. Just recently we did have a bluff charge upto 72k that failed to connect or actually attempt a break upwards. This is quite normal for BTC and makes it a frustrating asset to trade, expectations are often not precisely returned as hoped.

Long term BTC remains in a good strong period of gains over many months exceeding a year, we cannot be too disappointed in BTC taking a rest. In fact its healthy for BTC to pause and ironically Iam glad to see prices being checked and volume being raised in this area.

Marvelockg

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

for me, I will choose to think that the kind of explosion in Bitcoin price you're talking about is rather contextual, for those that have invested in Bitcoin some years back when Bitcoin was at $10k, then at $70k it's okay to say that there has been a major explosion of Bitcoin price for the timeframe the individual has HODL his Bitcoin depending on how much Bitcoin he has at the time and for newbies like you that will start buying Bitcoin from this $60k to $70k price, for you to experience such kind of explosion then Bitcoin would have to get to at the range of $150k to $170k within a particular space of time which in my opinion isn't impossible to happen in less than how long it took Bitcoin to move from $10k to $70k.

But as a newbie, it's not just enough to anticipate the bullrun with nothing to show up for. What makes the bull meaningful is due to your ability to making the right use of the bear season. So it's just advisable to start stacking your Bitcoin from this point if you have the means to.

mamesso

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

The only thing that makes me believe Bitcoin will explode again is because Bitcoin's history always makes an explosion after the Halving. I'm also not very good at reading charts, but my trust in Bitcoin has removed any doubts about its long-term potential. If you are looking for or waiting for Bullrun to arrive, you need to make preparations before his arrival. Do it now, not later, because no one can predict when that moment will come. Always take advantage of every opportunity you have to welcome the arrival of the Bullrun by collecting Bitcoin consistently.

angrybirdy

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

You said that you have studied reading charts but unfortunately, you seem to not understand much about it. maybe you need more time and effort to learn more not focusing only to reading charts. There are a lot more factors that considers the price movement of the market, specifically BTC. No one here thinks that a bull run will happen now. A lot of us may expect it but no onw said that it will be short term. The right time will come till it happen, be patient and use that time to gain knowledge while you are patiently waiting.

It also seem to me that you are only hyped by the people you see who are into crypto who's saying that Bitcoin will boom in no time. Sorry to say, that's not how it works in crypto. You need to understand deeper and know what it really is when it comes to investing in BTC.

Essential10

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

You need to learn to invest in BTC, understand when to invest. If you think you need to invest now then why not start. Bitcoin has been moving slowly since the beginning of the year although now the price of Bitcoin is hovering high between $60k -$70k. Bitcoin hasn't started the run yet after the Bitcoin halving, now is a good investment opportunity that you shouldn't miss before the next run begins. Personally I think it won't happen yet, it will take some more time for Bitcoin to start running. But anyone should participate in Bitcoin investment from the present time so as to rein in the next one year.

Iranus

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Code:

Where is the bullrun???

Code:

I can't see a reason for believe that BTC will explode in short-term.

In short, what you want to know is when will bull season come? And are you expecting bitcoin to increase in price in a short time to make you rich quickly. Is it right? If that is what you are expecting then I think you will soon fail with your speculation.

By the way, none of us know where the bull season is and none of us are expecting prices to increase in the short term. We are all long-term investors and we are waiting for the bull season to come although we don't know when it will come, but we have faith in bitcoin and believe it will never let us down in the long run.

I guess you invested in bitcoin because you believed in the rumor that bitcoin would increase in price immediately when the halving happened, but things didn't go as you expected and you started to get disappointed.

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Quote from: frnandoh on June 13, 2024, 01:09:17 PM

Don't you think this movement can be a bluff to dump after? I regard in buy and hold in any time, but claim certainly that BTC will hit 100k level now seems to mekind of over. I really hope the price brake the top line up and all of we can be happy Grin

but we have to see our analisys with our brain, not with out heart.

For personal analysis, I don't think it would be enough to just rely on the brain without relying on the eyes to see because the combination of the heart, eyes and brain should be able to unite in one goal when starting to make an analysis of an asset that is already quite well known. And on the other hand, I don't think that the price movement is a bluff because the price movement in the market is purely from supply and demand, not like a brawl where there has to be a bluff to surprise everyone.

OgNasty

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The cycle is pretty clear and obvious on when it rises. It takes a year after the halving. This has always been the case. It’s crazy people thought it would be different this time and we would jump suddenly to new highs now that Wall Street is watching… Exhaust the speculators, squeeze the shorts, eat supply… 1 year to riches..

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Quote from: frnandoh on June 13, 2024, 09:06:09 AM

I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is a true need to learn about it.

No one knows when bull run comes, investors only know when the price of the bitcoin slowly moving upwards, no one knows about it or predict the exact time of the bull run , that is why we need to always prepare everytime, we need to always updated with the market condition never get distracted with some speculations they or prediction because the truth is no one knows about the exact time and price of btc.

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