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Topic: Where is the bullrun??? (Read 897 times)

STT
legendary
Activity: 4088
Merit: 1452
July 14, 2024, 10:32:35 AM
#92
I wont call it a bullrun thats requires a flock of positive movement but we do have consistent gains across the last week now.   The start of a run perhaps, most of the positive action today was in the first hours of the day but price is still within the 12hr average and gaining.

BTC price has now beaten the Fibonnaci level of 58k and also the sell off low of June 24th following some more rapid selling.  Regaining these losses and continuing to gain definitely counts as a positive.

Now the marker to pass and measure continued successful gains would be the lows of the daily bars following June 24th.  That is about 60.2k, if we can that area as a low I would certainly have to side with a positive acting BTC trend but not a bull run as such.   We are still fenced in overall, we just found and reconfirmed support on the lows hence a rise is normal now.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
July 14, 2024, 03:33:54 AM
#91
~snip
I do not like giving advice to anyone really, it's just doesn't have any benefits. If they win, not like they are going to share the profit with me, and if they lose they are going to blame me, I win in none of these scenarios so why would I want to do that?

I think the better version would be just staying away from the people, and I will instead focus on myself. I also think that bull run will come, and that's my own personal opinion, yes we are not looking that amazing for the time being, but I also think that it is going to eventually happen, we should ignore this current situation and focus on what the future will be like, I am sure that we are going to make a lot more money with time, we just need to wait a bit more.

Frankly, it is not in our interest to give investment advice to anyone whether they win or lose. I also don't like giving investment advice to anyone, but if they are serious about investing it wouldn't be bad to give them some references to do their own research. Because helping someone does not cause damage to us but should only be about document and knowledge, we should not force or urge them to invest in this or that.

Those with knowledge will know where is the bull season and they will be less worried while those without knowledge will become confused and insecure about the market.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
July 14, 2024, 02:25:31 AM
#90
There is some more time until the year ends, so we have some time, we do not have to worry about it. I am not saying that it is going to be easy, I am just saying that it is still early and we have some time. Maybe it will fail and not have it, I am just saying that we are going to have it one way or another.

This is why I think it is quite important to wait for it, and see how it goes. If I am right then it will start to go up by the near the end of it, and if I am wrong then I am not going to end up making any money and the price will stay low. For the sake of the market and many people, I hope that I am right and we will see a bull run by the near the end of the year and that should be the most important thing, making money.

It's hard to believe that BTC won't reach newer highs with current price honestly, with the presence of ETF and all should be a time for bitcoin to be really bullish.
current correction if any is just temporary correction and will soon repeat the history of 2019 again where there's correction and suddenly the price pump to greater All Time high.
remember the reason of 2019 bearish was because the collapse of the 2nd biggest exchange and also LUNA collapse, current correction doesn't seem to be affected something as massive as that other than the dumping of Mt Gox, if any its just a fud.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 11:44:22 PM
#89
Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.
What you have to find out is about these newcomers who are as willing to hold Bitcoin as people who already believe and are experienced like you. Because most of the new arrivals are caused by fomo or more precisely, they are joining in without considering their education and basic knowledge. So they also panic more easily when they see the market being corrected and also often experience losses because perhaps their patience in waiting for prices to recover has not yet been trained.

Quote
Regarding the decline that has occurred in the near future, this can be seen as a process and opportunity for those who have not had the opportunity to buy BTC at a cheap price and I am sure that beginners will be familiar with this process because everything moves quickly whether the price decreases or increases and I think, The market will get better in the next 3 months. One more thing, it is also important that we look at the historical performance of the previous July.
Things like that are only more familiar to those who have known Bitcoin for a long time and still believe in keeping Bitcoin as their investment asset. Meanwhile, for beginners, I think things like that are still less familiar because they still tend to be afraid to buy Bitcoin when they see price declines occurring in the market. So I wouldn't assume everyone is familiar enough with conditions like now except only people who are used to seeing things like this in previous Bitcoin market cycles.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
July 12, 2024, 10:26:02 AM
#88
There is some more time until the year ends, so we have some time, we do not have to worry about it. I am not saying that it is going to be easy, I am just saying that it is still early and we have some time. Maybe it will fail and not have it, I am just saying that we are going to have it one way or another.

This is why I think it is quite important to wait for it, and see how it goes. If I am right then it will start to go up by the near the end of it, and if I am wrong then I am not going to end up making any money and the price will stay low. For the sake of the market and many people, I hope that I am right and we will see a bull run by the near the end of the year and that should be the most important thing, making money.
legendary
Activity: 3052
Merit: 1188
July 11, 2024, 05:16:41 AM
#87
Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.
That's also the reason I don't like giving investment advice to newbies nor advising them to invest immediately for fear of missing out on the opportunity to buy bitcoin at cheap prices. Because even if they have the opportunity to buy cheap bitcoin without knowledge about it, they will not be able to hold it for long until it makes a profit.

For newbies, they should spend a lot of time learning about bitcoin and should have enough basic knowledge before investing in bitcoin. Don't rush to invest with an empty head, and ask thousands of questions and thousands of doubts about our investment. We should only start investing with things we already understand, otherwise we should not invest.
I do not like giving advice to anyone really, it's just doesn't have any benefits. If they win, not like they are going to share the profit with me, and if they lose they are going to blame me, I win in none of these scenarios so why would I want to do that?

I think the better version would be just staying away from the people, and I will instead focus on myself. I also think that bull run will come, and that's my own personal opinion, yes we are not looking that amazing for the time being, but I also think that it is going to eventually happen, we should ignore this current situation and focus on what the future will be like, I am sure that we are going to make a lot more money with time, we just need to wait a bit more.
full member
Activity: 255
Merit: 209
July 10, 2024, 10:26:45 AM
#86
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.

We are in the bull run, I like to use the 200 WMA as the grounding and anytime we go over that its indicative of bullish market. Its definitely a zoom out metric to use. Here is a hand free chart for it

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

Its not perfect either, its been breached so I dont neccessarily use it as a support line, but only when accounting for are we in bullish terrority. You can further it a bit with your own speculation, what % above the 200 WMA is conservative, low, medium, high, ultra bullish for your own thoughts.

Right now the 200 WMA is ~$36.5k and the spot price is ~$57.8k. Divide spot by WMA to get your % diff (158%). Now you can plug this into your thoughts above, to get to the type of bullish it is.

hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
July 10, 2024, 09:06:31 AM
#85

In terms of Bitcoin, it will be much better if you want to continue learning about it and are also willing to buy and keep it for the long term, which you can consider as an investment in your own future. Because if you only think in the short term about the reasons for whether Bitcoin will explode or not in the near future, I don't think you will get any benefits even if you spend your time studying the price chart for Bitcoin itself. Now try to look at the history of Bitcoin's journey every year until now so that you can have a clear picture that Bitcoin is indeed worthy of being maintained by everyone in the long term.
Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.

That's also the reason I don't like giving investment advice to newbies nor advising them to invest immediately for fear of missing out on the opportunity to buy bitcoin at cheap prices. Because even if they have the opportunity to buy cheap bitcoin without knowledge about it, they will not be able to hold it for long until it makes a profit.

For newbies, they should spend a lot of time learning about bitcoin and should have enough basic knowledge before investing in bitcoin. Don't rush to invest with an empty head, and ask thousands of questions and thousands of doubts about our investment. We should only start investing with things we already understand, otherwise we should not invest.
sr. member
Activity: 924
Merit: 365
July 10, 2024, 08:12:02 AM
#84
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.
OP, bitcoin's price does not explode in the short term, but rather in the long run. That is why crypto investors goes with "having a long-term investment strategy" for their bitcoin investment rather than a short-term one.

If an investor has a short term investment plan in bitcoin, he or she may have little profit or losses from bitcoin based on the state of the market. However, for long term investment, the opportunity for investors to make huge amounts is open for them to choose a high price for selling their accumulated bitcoin.

Currently, almost everyone is anticipating the bull run to happen by next year. Investors are accumulating bitcoin through a DCA means, waiting for bitcoin to skyrocket to their speculated price before they sell
hero member
Activity: 2870
Merit: 594
July 10, 2024, 05:07:47 AM
#83
Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.

Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.
Holding assets are indeed scary because we really don't know what will happen to it in the future. But it's more scary in the beginning of Bitcoin and that's why many have sold it already and then regret their decision. As compare to the last 7 years as most of us here could have joined that time and now we are full of experience and we know what Bitcoin can bring to us, despite it's volatility - profit in the future. And one thing that can go for those newbies right now and that we can advise them to just HODL and accumulate based on our experience and never doubt that the market will soon go on a parabolic rise, a bull run that we haven't seen before as there is a huge chance that we might see $100k in the future.
full member
Activity: 882
Merit: 211
July 10, 2024, 04:10:17 AM
#82
Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.

Regarding the decline that has occurred in the near future, this can be seen as a process and opportunity for those who have not had the opportunity to buy BTC at a cheap price and I am sure that beginners will be familiar with this process because everything moves quickly whether the price decreases or increases and I think, The market will get better in the next 3 months. One more thing, it is also important that we look at the historical performance of the previous July.
Some beginners who don't understand this investment asset well will of course make them scared when they see the price of the asset experiencing a correction after collecting it, but some people who understand it well like you will certainly be very confident because they understand very well how Bitcoin works. of course will continue to collect these assets as a future investment.

When looking at market conditions in recent days of course those who have enough funds to be able to hold on for the long term will take this opportunity to buy and hold until the price goes up again and for beginners of course there are those who experience panic and lose money but not those who continue taking their time to continue learning about Bitcoin.
sr. member
Activity: 882
Merit: 215
#SWGT CERTIK Audited
July 10, 2024, 01:33:10 AM
#81
Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.

Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.

Regarding the decline that has occurred in the near future, this can be seen as a process and opportunity for those who have not had the opportunity to buy BTC at a cheap price and I am sure that beginners will be familiar with this process because everything moves quickly whether the price decreases or increases and I think, The market will get better in the next 3 months. One more thing, it is also important that we look at the historical performance of the previous July.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 08, 2024, 11:34:04 AM
#80
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.
In terms of Bitcoin, it will be much better if you want to continue learning about it and are also willing to buy and keep it for the long term, which you can consider as an investment in your own future. Because if you only think in the short term about the reasons for whether Bitcoin will explode or not in the near future, I don't think you will get any benefits even if you spend your time studying the price chart for Bitcoin itself. Now try to look at the history of Bitcoin's journey every year until now so that you can have a clear picture that Bitcoin is indeed worthy of being maintained by everyone in the long term.
Have sufficient amount of knowledge first before you start thinking to invest at your own risk. That way, you will gain clear understanding on bitcoin and its market and  why we are predicting another bull run in the process. I understand that as a newbie, your knowledge is only limited or some are actually know nothing about bitcoin. That's why you have to take your time studying more on bitcoin and its stuff, rather than being left behind and will only miss opportunities to invest in bitcoin.
hero member
Activity: 3150
Merit: 937
July 04, 2024, 06:14:33 AM
#79
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 happened between December 2023 and March 2024. What kind of bull run are you expecting in June or July?
The next bull run is going to happen in the end of 2024 or probably during the winter or spring next year(unless some major FUD event happens).
The current BTC price dropped down to 57K USD, which was expected by me, but many Bitcoin noobs might get butthurt and start panicking.
The summer bear market is coming and there will be a bloodbath on the crypto markets soon. Don't trust the FUD and stay strong.
member
Activity: 364
Merit: 33
July 03, 2024, 08:42:47 AM
#78
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.

As you have seen many chats and if you watch them carefully and well with more knowledge then surely you will understand about Bitcoin. We have seen Bitcoin successfully halved and now we are only waiting for the bull season. Since we can assume that the previous bull market was in 2021, we can see the next bull market in 2025. The sire market is basically next every four years so we look forward to 2025, when the price of Bitcoin will reach the maximum ATH. So I want to tell you that if you want to profit from bitcoin you have to invest and wait till the bull market.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 01, 2024, 06:48:18 PM
#77
What was your purpose of buying Bitcoin. Is it for the price or for the utilities is provides it's users? Maybe you quickly getting off from acknowledging that volatility comes with ups and down, but people like you don't want to recognize that part of when it's all going down. Check past circles the bull run has mostly taken a delayed move even after the halving. Bear it in mind that this delay could actually extend to 2025 and if you ain't patient enough you may pull out and miss the juice when it squeeze.
Everyone definitely has different goals in buying Bitcoin, especially with the desired amount always being different, so it's not surprising that under certain conditions there are still many people who want to buy Bitcoin after knowing and considering the things you said. Price movements which tend to be slow are not a problem that can deter people who have enough patience in waiting and want to enjoy more extraordinary results or something like the sweet essence of a flower. And this patience usually arises after each person examines the previous circle and finds out other unique things through more analysis of the current conditions.
Our goals may present some variation when it comes to the profits we expect out of bitcoin, but at the same time we all agree that bitcoin is a great asset to hold for the long term, which is why we bought on the first place, it is just there are many investors out there that cannot deal with the volatility and the long bear markets despite knowing this information, and this is unfortunate, as very often the difference between a profitable investor and a losing one is simply the patience each one has.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 01, 2024, 09:11:08 AM
#76
What was your purpose of buying Bitcoin. Is it for the price or for the utilities is provides it's users? Maybe you quickly getting off from acknowledging that volatility comes with ups and down, but people like you don't want to recognize that part of when it's all going down. Check past circles the bull run has mostly taken a delayed move even after the halving. Bear it in mind that this delay could actually extend to 2025 and if you ain't patient enough you may pull out and miss the juice when it squeeze.
Everyone definitely has different goals in buying Bitcoin, especially with the desired amount always being different, so it's not surprising that under certain conditions there are still many people who want to buy Bitcoin after knowing and considering the things you said. Price movements which tend to be slow are not a problem that can deter people who have enough patience in waiting and want to enjoy more extraordinary results or something like the sweet essence of a flower. And this patience usually arises after each person examines the previous circle and finds out other unique things through more analysis of the current conditions.
hero member
Activity: 2730
Merit: 632
June 30, 2024, 03:53:34 PM
#75
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.
What was your purpose of buying Bitcoin. Is it for the price or for the utilities is provides it's users? Maybe you quickly getting off from acknowledging that volatility comes with ups and down, but people like you don't want to recognize that part of when it's all going down. Check past circles the bull run has mostly taken a delayed move even after the halving. Bear it in mind that this delay could actually extend to 2025 and if you ain't patient enough you may pull out and miss the juice when it squeeze.
For sure most of people here on this market wont really be minding much about its utility but rather it would really be that focusing into that investment side of things on which we know that when it comes to potential
then there's no doubt that Bitcoin would really be able to give out that kind of potential on which we know that in every market cycle on which it is really that reaching out new all time highs and this is where we do anticipate to happen specially now that we are really that near into that condition. People who do seek or ask about when is the bull run then it would really be on next year but who knows that it might come earlier?
Instead on making yourself that getting that thinking about on when it would happen. Why we cant really just that be mindful about having some buybacks or DCA whenever the market would be having some decline?

And with that then you could really be able to assure up somehow yourself that when the market make out some shift then you would really be able to make profits or money on the moment
that it would happen rather than on keeping up those questions into your mind but not really that making necessary steps for you to do so.
sr. member
Activity: 644
Merit: 262
June 23, 2024, 05:55:27 PM
#74
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.
What was your purpose of buying Bitcoin. Is it for the price or for the utilities is provides it's users? Maybe you quickly getting off from acknowledging that volatility comes with ups and down, but people like you don't want to recognize that part of when it's all going down. Check past circles the bull run has mostly taken a delayed move even after the halving. Bear it in mind that this delay could actually extend to 2025 and if you ain't patient enough you may pull out and miss the juice when it squeeze.
sr. member
Activity: 938
Merit: 292
June 23, 2024, 05:20:54 PM
#73
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 anyone knew exactly when the bull run would begin, they would certainly be rich. But while we cannot know when this bull run will begin, we can make a assumption that it is very likely to happen. At the moment we are very close to a bull run but the bull run has not started yet. The price of Bitcoin previously crossed the ATH but the current price is quite far from that ATH. The bull run we expect after the Bitcoin halving has yet to happen. We can assume by looking at the market conditions and charts that we will soon be able to see a bullish look in the crypto market.
legendary
Activity: 2436
Merit: 1561
June 23, 2024, 03:40:40 PM
#72
Zoom out on the 6 month chart and tell me that there is no bullrun... Roll Eyes

The problem is that people look at small time frames on the chart and start panicking because they thought Bitcoin is a get quick rich scheme.

This. In February everyone was excited about Bitcoin going above $50k, now we have a massive outcry that it fell below $64k.
Some things will never change I guess.

Also, if we look at the previous cycles, we'd always have some pull-backs after halvings, some were around 30% or even 50%. What we're experiencing right now hardly qualifies as a pullback.
Long story short, this is normal.
legendary
Activity: 2184
Merit: 1302
June 23, 2024, 02:55:26 PM
#71
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 halving and bitcoin spot ETF in the United States are reasons why bitcoin price is going to pump very high, mind you as well that bitcoin is already in a bull run, for example if you look at the price movement in the last 6-12 months, you'd understand that we are indeed in a bull run and the price has been steadily increasing.

You should also DYOR on what you are curious about, and if you want to buy bitcoin, now is the right time to do it and DCA is the best strategy to apply. Finally, you should know that bitcoin is not a get rich quick scheme nor a pump and dump coin.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
June 23, 2024, 02:23:42 PM
#70
Zoom out on the 6 month chart and tell me that there is no bullrun... Roll Eyes

The problem is that people look at small time frames on the chart and start panicking because they thought Bitcoin is a get quick rich scheme.
hero member
Activity: 1358
Merit: 627
June 23, 2024, 12:52:49 PM
#69
The next 'bull run' is going to come soon I think. You do not have to worry about that just keep hodling your coins and you will get big profits.
MicroStrategy did just buy 11,931 more Bitcoins for $786 Million. He now has 226,331 Bitcoins worth $14.7 Billion.
It is always 'bullish' news for me when MicroStrategy buys more Bitcoins. https://cryptonews.com/news/microstrategy-buys-bitcoin-cnovertible-note-sale.htm
Although I believe we shouldn't base our decisions on things like these where industrial investors buy Bitcoin or cryptocurrencies and we do the same such pieces of news usually raise curiosity among retail investors and when they see big firms buying Bitcoin, they try to imitate them and this can become a positive sign for the market because as the demand increases, the prices will start to move up as well.

A lot of retail investors, mostly newbies, are becoming restless because they aren't seeing much positive movement from Bitcoin but it usually corrects itself and instead of going up, it goes down, and they don't like this because it makes them panic. However, they need to understand that the bull run doesn't come this early after the halving event, it's only been about two months and we are already becoming restless.
Yes, we should not be controlled by the information of institutions that buy bitcoin, and make us follow their steps, I think it's the wrong decision if retail follows them, retail should first enter before the institutions continue to increase their accumulation, I think it's much better, but maybe that's only done by retailers who have been in bitcoin for a long time, not yesterday afternoon or still beginners.

I am quite dilemmatic with today's market, where indeed price movements tend to decline, especially tonight, I don't find any reason why I can push bitcoin much higher after previously touching the $74 price level, even tonight also experiencing a continuous decline or correction. If only I had more money, this should be the moment to continue the DCA before the bull run really comes.
hero member
Activity: 2688
Merit: 588
June 23, 2024, 11:58:23 AM
#68
The next 'bull run' is going to come soon I think. You do not have to worry about that just keep hodling your coins and you will get big profits.
MicroStrategy did just buy 11,931 more Bitcoins for $786 Million. He now has 226,331 Bitcoins worth $14.7 Billion.
It is always 'bullish' news for me when MicroStrategy buys more Bitcoins. https://cryptonews.com/news/microstrategy-buys-bitcoin-cnovertible-note-sale.htm
Although I believe we shouldn't base our decisions on things like these where industrial investors buy Bitcoin or cryptocurrencies and we do the same such pieces of news usually raise curiosity among retail investors and when they see big firms buying Bitcoin, they try to imitate them and this can become a positive sign for the market because as the demand increases, the prices will start to move up as well.

A lot of retail investors, mostly newbies, are becoming restless because they aren't seeing much positive movement from Bitcoin but it usually corrects itself and instead of going up, it goes down, and they don't like this because it makes them panic. However, they need to understand that the bull run doesn't come this early after the halving event, it's only been about two months and we are already becoming restless.
STT
legendary
Activity: 4088
Merit: 1452
June 23, 2024, 10:01:01 AM
#67
People were spoilt by the start of this year because this is still the bull run but they are grazing right now Cheesy    I said even back in Feb it cant always be like this, its way too fast and they jumped the fence moving that fast it wont last.


For the end of this week its a good idea to look in reference to weekly bars.  Within that, this is 4hr bars because thats most relevant for the present moment and fits a pattern.   The bottom line is the weekly bar to end Feb, its where price action should hold if we remain quite positive overall.



Its a high mark but ideally its now the bottom.  February was very positive and the ideal is we do keep that provision in our saddlebags for the future journey  Tongue     The top line to price action in this time frame should be familiar, its the 2021 peak and prior ATH.   Again to measure progress, we do really need that below us on the regular and yet its still threatening as a ceiling though I dont presume that yet.

Brown moving average is monthly and blue line is the weekly average, it fits the peaks or cycles to daily price action.
Bottom indicator is OBV and I presume via reference to volume its not indicating strength just yet.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform
June 23, 2024, 09:34:16 AM
#66
Because the ATH after the halving this year took place came so early that is the reason why so many speculators believe that there will be another ATH before the year's end. And also, they believed that the previous bull run was just a tip of what is to come. At first, there was assurance that the end of the bull run would keep the price of Bitcoin at 100k so when it stopped at 73k or 74k there were about. It's now certain to them that it's not yet over and that the 100k speculation is still possible.
This is not a problem for many people to speculate about, but sometimes we also have to remember price corrections. Because this should not be forgotten by everyone as we have seen now that Bitcoin is already at $64K, which is a level that has a distance of $10K to the next target level at $74K. Speculation about Bitcoin's price being that big is indeed feasible, but I don't think that it will come true now because Bitcoin is currently facing a period of price correction, although not by a large enough percentage.
hero member
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June 23, 2024, 08:55:37 AM
#65
The next 'bull run' is going to come soon I think. You do not have to worry about that just keep hodling your coins and you will get big profits.
MicroStrategy did just buy 11,931 more Bitcoins for $786 Million. He now has 226,331 Bitcoins worth $14.7 Billion.
It is always 'bullish' news for me when MicroStrategy buys more Bitcoins. https://cryptonews.com/news/microstrategy-buys-bitcoin-cnovertible-note-sale.htm




The news of MicroStrategy buying more bitcoin is not a signal for us to rely on and believe that bull season is coming. MicroStrategy has been buying bitcoin throughout the 2022 bear season until now, and as far as I know, they have a long term goal with bitcoin and they are executing the DCA strategy every time they have money. They don't care about prices or what stage the market is in. One more important thing is that their average price is only $37k which means they are getting 80% return on their Bitcoin investment. They won't care if the bull season comes or not with that level of profit.

But based on history, I agree with you, bull season will take place soon and possibly later this year. What we need to do is buy, buy and wait.


https://x.com/saylor/status/1803763490928119950
legendary
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#1 VIP Crypto Casino
June 21, 2024, 12:39:12 AM
#64
The next 'bull run' is going to come soon I think. You do not have to worry about that just keep hodling your coins and you will get big profits.
MicroStrategy did just buy 11,931 more Bitcoins for $786 Million. He now has 226,331 Bitcoins worth $14.7 Billion.
It is always 'bullish' news for me when MicroStrategy buys more Bitcoins. https://cryptonews.com/news/microstrategy-buys-bitcoin-cnovertible-note-sale.htm


sr. member
Activity: 434
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Fine by Time
June 20, 2024, 12:11:50 PM
#63
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.
Bitcoin always repeats the previous cycle after halving and has reached a new ATH several times, which means we have confidence in the current cycle where the price of bitcoin will return high even though the current ATH is still too early at $73K, but many people predict more than $100K when bullish comes then now is still not the time but your opportunity is never missed, yeah we don't know when the price of bitcoin will rise but believe many people the price will return high.
Because the ATH after the halving this year took place came so early that is the reason why so many speculators believe that there will be another ATH before the year's end. And also, they believed that the previous bull run was just a tip of what is to come. At first, there was assurance that the end of the bull run would keep the price of Bitcoin at 100k so when it stopped at 73k or 74k there were about. It's now certain to them that it's not yet over and that the 100k speculation is still possible.
hero member
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Enjoy 500% bonus + 70 FS
June 20, 2024, 12:11:26 PM
#62
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 you are into cryptocurrency they only understand that the price of Bitcoin always increase and always decrease in the market and they determinant of that price of being decreased and also increase is dependable by the gravity or the demand and the supply that come in contact in the market so many investors who invest for long time and who also invest for short term also knows that the price of Bitcoin is not constant but have a mind that the price of Bitcoin can increase at any point in time because the market is rotational
hero member
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June 20, 2024, 05:31:49 AM
#61
the bull run will come any time, but don't know the Exact time.. just hold with without panicking, it will make you rich any time..

History tells itself and every couple of years the bitcoin price reach a new all time high driven by adoption, halving and some major events. Obviously these events could take place, few weeks before seeing the new trend in price but it happens in the end.
For the moment, it is the consolidation phase which can be followed by a bull run or at the opposite a transitory period of price decrease.
Mostly it's the halving itself that is the catalyst for a bull run, Bitcoin is going to be very hard to acquire and so their will be a demand as the supply is going to be limited. The thing is that it's not going to be very quick to suddenly see new all time high right after the halving. It will take weeks and months before we can finally see some movement. Although it's the first time that we have reach new all time high prior to the halving. And so with that, it might be a different run for this cycle, but the thing is that most speculators are pointing at a $100k++ as the next bull run price. So what we need and as what we have been preaching, we just need to have more patience this year and the next. And let the market flow naturally, and once we are in the flow, nobody can stop the bulls.
member
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June 20, 2024, 12:22:39 AM
#60
the bull run will come any time, but don't know the Exact time.. just hold with without panicking, it will make you rich any time..

History tells itself and every couple of years the bitcoin price reach a new all time high driven by adoption, halving and some major events. Obviously these events could take place, few weeks before seeing the new trend in price but it happens in the end.
For the moment, it is the consolidation phase which can be followed by a bull run or at the opposite a transitory period of price decrease.

Yes this will happen because Bitcoin price will reach the maximum price after dumping a lot. Step by step Bitcoin price will continue to increase, because every time Bitcoin price is pumping to the maximum immediately after the maximum dumping. If you notice the phenomenon that happened when investors got frustrated, those who sold suffered the most losses, and those who were patient during the dumping made the maximum and profit, the phenomenon occurred in late 2022.
legendary
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June 19, 2024, 12:18:05 PM
#59
the bull run will come any time, but don't know the Exact time.. just hold with without panicking, it will make you rich any time..

History tells itself and every couple of years the bitcoin price reach a new all time high driven by adoption, halving and some major events. Obviously these events could take place, few weeks before seeing the new trend in price but it happens in the end.
For the moment, it is the consolidation phase which can be followed by a bull run or at the opposite a transitory period of price decrease.
hero member
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www.Crypto.Games: Multiple coins, multiple games
June 19, 2024, 12:02:25 PM
#58
Its obvious you know very little or nothing abut bitcoin.
So it seems. Usually bull runs start when people like the OP get desperate and sell. And they usually end when people like him buy because it has gone up so much that it looks like it will never stop going up and the price is going to hit $1M next week.
Yes true, there are way too many who start to buy after it goes up, like look at when we broke over ATH just a bit ago, there were so many people buying in billions after we broke over all time high. Those people are crying that it didn't went higher now, but it was obvious that they were too late, not being able to see that is weird. I think we are going to be doing just fine, it should definitely be considered as a good thing.

I think the best way to move forward would be realizing that we should do what the entire world has said since start of history, which is "buy low, sell high", and if you keep buying high then you are going to end up selling low and that way you will only lose money and never make anything back.
legendary
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June 18, 2024, 10:34:25 PM
#57
Its obvious you know very little or nothing abut bitcoin.

So it seems. Usually bull runs start when people like the OP get desperate and sell. And they usually end when people like him buy because it has gone up so much that it looks like it will never stop going up and the price is going to hit $1M next week.

A reasonable goal for the upcoming race is the level of 100-200 thousand dollars per 1 bitcoin. I know. That there are many much more optimistic forecasts. Some predict 500,000 and even 1 million dollars for 1 bitcoin. In my opinion, this is from the realm of science fiction.

If they are referring to this cycle, as you seem to say, it is science fiction. I too think the $100-$200K per Bitcoin range is the most likely max for this cycle.
copper member
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June 18, 2024, 10:25:39 PM
#56
It is clear to me that Bitcoin is on the verge of a bull run. I rely on Elliott wave analysis most of the time and I can say that we are in the final stages of an accumulative triangle before moving higher. But I don't think Bitcoin will rise to big numbers right away. A reasonable goal for the upcoming race is the level of 100-200 thousand dollars per 1 bitcoin. I know. That there are many much more optimistic forecasts. Some predict 500,000 and even 1 million dollars for 1 bitcoin. In my opinion, this is from the realm of science fiction.

The goal of 100k$ is the most realistic goal, but with the recent adjustments, many people are starting to doubt it and people think that reaching 100k$ is a big challenge, let alone 500k$ or 1 million dollars per bitcoin. It is an illusion even though the future is unpredictable.

If I remember correctly, we also had a thread saying that they also rely on Elliott wave analysis and believe a huge bull run is coming. Personally, I'm not a fan of technical analysis, but I believe that history will repeat itself, so I think the fourth quarter will be the time when bitcoin and the entire market recover and enter a bullish cycle as many people are expecting.
legendary
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June 18, 2024, 09:45:23 PM
#55
It is clear to me that Bitcoin is on the verge of a bull run. I rely on Elliott wave analysis most of the time and I can say that we are in the final stages of an accumulative triangle before moving higher. But I don't think Bitcoin will rise to big numbers right away. A reasonable goal for the upcoming race is the level of 100-200 thousand dollars per 1 bitcoin. I know. That there are many much more optimistic forecasts. Some predict 500,000 and even 1 million dollars for 1 bitcoin. In my opinion, this is from the realm of science fiction.
sr. member
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Let love lead
June 18, 2024, 07:26:01 PM
#54
Its obvious you know very little or nothing abut bitcoin. Well bullrun occurs after halving. Having had  taken place and we're expecting the bullrun which no one knows when its coming, but we know from research, history and experience that it does come a while after having.

Best way to get involved for you is to buy and HODL for now, you can learn about other things later, but accumulation is very important to get the bullrun blessing
STT
legendary
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June 18, 2024, 06:38:30 PM
#53
Bull is asleep come back another week.   Its clearly set to move down at least some, yesterday was peaking at the weekly average and also prior on June 12th and 10th.  So I will continue to use that weekly average as my gauge as to possible positive movements counter to the recent decline.

Its always confusing in BTC that we can move up and down continually but in sum total that is the move Im interested in and right now there is a steady but not great decline in pricing.
legendary
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June 18, 2024, 02:23:05 PM
#52
Looking at the current situation of the market, it is not possible to say anything with certainty, it may be a little bit of correction and the market will go up after that, but the way the market has been going down for a few days, it cannot be said that after that the market will remain bearish or will turn into a bear market but it is also true that there has always been a little correction in the market, this is the crypto market, it can never be stable, it remains volatile and this is a great opportunity for small investors who have not bought much or haven't been able to buy in the past or are short-term investors, so they can buy, and when the market goes back up, can sell.

My advice is that there is no need to panic looking at the current market situation, if you have the money to invest, go ahead and adopt the DCA method because there is a little correction, nothing to be alarmed about.
hero member
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June 17, 2024, 05:14:22 PM
#51
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 yo want to be invested in Bitcoin and at the same time enjoy your peace of mind, consider investing with intention of long-term HODL. If you don't want to follow that approach, you will continue to panic and worry yourself about when price will rise and how far it will go, these being like a major source of depression. Bull run is already in place since late last year although I think we have not reached the peak. From my expectations, towards the end of this year and up to the early period of next year we may begin to see these moves.
sr. member
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June 17, 2024, 02:33:59 PM
#50
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.
Bitcoin always repeats the previous cycle after halving and has reached a new ATH several times, which means we have confidence in the current cycle where the price of bitcoin will return high even though the current ATH is still too early at $73K, but many people predict more than $100K when bullish comes then now is still not the time but your opportunity is never missed, yeah we don't know when the price of bitcoin will rise but believe many people the price will return high.
It doesn't really matter how early the previous ATH is, when the bullrun returns it's going to break above the $73k region. There are several speculations going on about the price of bitcoin surging to various prices, some are of the opinion of $100k, others $150k, $200k, $250k and many others. I can't really tell but I'm looking above $100k, a lots of key events has taken place which ordinarily should send bitcoin above the $100k price projection. This is going to be the first bullrun after bitcoin ETF approval from sec, so this is going to be massive. But it's best not to be carried away by the future price of bitcoin, because many things might still play out, that will determine how the price of bitcoin will go.
hero member
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June 17, 2024, 12:45:39 PM
#49
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.
Bitcoin always repeats the previous cycle after halving and has reached a new ATH several times, which means we have confidence in the current cycle where the price of bitcoin will return high even though the current ATH is still too early at $73K, but many people predict more than $100K when bullish comes then now is still not the time but your opportunity is never missed, yeah we don't know when the price of bitcoin will rise but believe many people the price will return high.
We will not be able to predict the price of bitcoin exactly because no one can do that, but I agree with what you said that Bitcoin always starts its cycle and is obedient in the course of each cycle, sometimes someone needs to be more patient to wait and just keep accumulating bitcoin.

The price of $100k is the closest and lowest target of the explosion target that may occur in the price of bitcoin this year, but I think the market is still in consolidation in making price support so that it can go higher and pass the ATH limit that has been formed before.

Bitcoin will not explode, but it increases slowly and if you look at it from a weekly or monthly count it will look explosive, but in daily counts I think it is very rare to explode the price, especially with the capitalization that continues to be high.
sr. member
Activity: 294
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HODL - BTC
June 17, 2024, 12:05:43 PM
#48
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.
Bitcoin always repeats the previous cycle after halving and has reached a new ATH several times, which means we have confidence in the current cycle where the price of bitcoin will return high even though the current ATH is still too early at $73K, but many people predict more than $100K when bullish comes then now is still not the time but your opportunity is never missed, yeah we don't know when the price of bitcoin will rise but believe many people the price will return high.
member
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June 17, 2024, 11:51:23 AM
#47
the bull run will come any time, but don't know the Exact time.. just hold with without panicking, it will make you rich any time..
legendary
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June 17, 2024, 05:56:51 AM
#46
$66,000 is really a good buying price when you look at where Bitcoin could be trading at in just one year from today. The price for Bitcoin should be trading more than $100,000 therefore you will be making $34,000 profit if you can afford to buy one Bitcoin and if you can not afford to buy one Bitcoin but 0.1 Bitcoin then you will make $3,400 and that is still a good profit to make. Beginners make the mistakes of thinking about waiting until they have the money to buy one Bitcoin before they start investing but you do not have to wait because Bitcoin would not be waiting for you until you buy before it will start rising. We have to use any amount we have to buy because the bull market is around and it would not take long before Bitcoin passes another highest price more than the previous highest price just early in the year that it passed $73,000
Advice like this is more suitable for beginners who have just discovered Bitcoin in the last year, because of the three Bitcoin market cycles that I have personally witnessed in my life, of course I am not someone who doubts the potential profits from Bitcoin. And based on the calculations you say, I have also practiced them in the past, so things like this are what need to be taught to beginners who may be new to Bitcoin since the decline occurred in 2022 or since Bitcoin recovered last year.
hero member
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June 17, 2024, 03:46:47 AM
#45
$66,000 is really a good buying price when you look at where Bitcoin could be trading at in just one year from today. The price for Bitcoin should be trading more than $100,000 therefore you will be making $34,000 profit if you can afford to buy one Bitcoin and if you can not afford to buy one Bitcoin but 0.1 Bitcoin then you will make $3,400 and that is still a good profit to make.
Calculating a profit like that is good for motivating yourself to take action. The most important thing is when you know how much profit you will make if you buy at that price, be willing to do it immediately without letting it wait. Your calculation is good, if the price reaches $100,000 in early 2025, then the profit of $34,000 is obtained in just 6 months.

Don't just say how much profit you get if you buy 1 BTC or 0.1 BTC while there is no action to do it. For me, that is a conscious mistake.
sr. member
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Playbet.io - Crypto Casino and Sportsbook
June 16, 2024, 02:47:09 PM
#44
Opportunities are always there and open to everyone who truly believes in investing in Bitcoin, especially for those who have clearly seen the four-year cycle in Bitcoin which always creates the highest price in Bitcoin itself. The price of $66K is a price that is not too bad to buy for everyone who wants to make their own preparations to welcome the bullrun, so that the worries and doubts that are in each of our minds must really be put aside so that we all have a strong mentality to want to buy in that price range.

$66,000 is really a good buying price when you look at where Bitcoin could be trading at in just one year from today. The price for Bitcoin should be trading more than $100,000 therefore you will be making $34,000 profit if you can afford to buy one Bitcoin and if you can not afford to buy one Bitcoin but 0.1 Bitcoin then you will make $3,400 and that is still a good profit to make. Beginners make the mistakes of thinking about waiting until they have the money to buy one Bitcoin before they start investing but you do not have to wait because Bitcoin would not be waiting for you until you buy before it will start rising. We have to use any amount we have to buy because the bull market is around and it would not take long before Bitcoin passes another highest price more than the previous highest price just early in the year that it passed $73,000
hero member
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June 16, 2024, 02:31:18 PM
#43
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 are in it, did you miss the movement that began since October of the last year? Bitcoin more than doubled its price in a matter of five months, if we were talking about the stock market, this movement alone could probably be the biggest and fastest experimented on its whole history, so bitcoin is doing well already and we have strong reasons to believe it will do even better, what we do not know is if this will happen soon or if we will have to wait until the next year for the bull run to gain some momentum.
legendary
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June 16, 2024, 10:15:52 AM
#42
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.
To start a crypto bull market there is a lot of speculation and factors that can push up the price of Bitcoin or other types of crypto on the market, my personal understanding and speculation, If the bull does not occur in the halving that has occurred, if I am not mistaken, the possibility is very slim that the Bull market could happen again, maybe we will see this phenomenon in the next halving from now on.

However, there are several unexpected factors and speculation that the Bull market could rise again, if the four speculations below happen again.
Quote
1. Market Sentiment
Risk asset markets are heavily influenced by two human emotions – fear and greed. Positive news about cryptocurrencies can trigger a bullish trend as investors speculate on future profits.
Endorsements from celebrities like Elon Musk as well as well-known brands like Meta (META) and Disney (DIS) helped drive the token price surge.

2. Supply and Demand.
Markets are all about supply and demand. High demand for crypto tokens will result in a spike in their prices. Since everyone wants a piece of the crypto, the market will be willing to pay a premium for the goods in demand.

3. Crypto Whales.
A crypto whale is someone who has a lot of cryptocurrency. If they have enough money, their trades can impact the entire market. There are whales for all types of assets, including BTC, ETH, DOGE, and even NFTs.

4. Macroeconomics.
Macroeconomic factors such as interest rates, inflation, and unemployment rates are important drivers of the crypto market. There was a time when cryptocurrencies lived in isolation, unaffected by traditional market forces.

Is it possible for that to happen, the answer is 50/50, the point is: whatever happens to crypto growth, no one can predict or speculate accurately.
hero member
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June 16, 2024, 07:26:48 AM
#41
I am not sure that the bull run will happens now. We see the market now is not good and needs time before increases back and reach the highest price. Perhaps before the end this year will have some surprise for us and we can see a change from the crypto market.

You just need to prepares for anything happens to the crypto market. If you want, you can still buy Bitcoin and hold it until the price make a new ATH. We don't know when the ATH comes but we believe that will happens not too long so we still have a chance to accumulate Bitcoin.
hero member
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June 16, 2024, 06:32:57 AM
#40
There is quote from the crypto community and it says...

"when in doubt, zoom out"

That is all enough for you to see and understand why we are all believing that we are in a bull run until next year.

also, the cycle.
member
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June 16, 2024, 05:55:38 AM
#39
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.
First you need to understand that Bitcoin is not a short term project, it is a cryptocurrency that investors hodl for a long term and don't worry much about the exact time when bull run will start. If you research the hysterical pertten of Bitcoin seasons you will further understand that bull run doesn't start immediately after the halving, it takes months before we will begin to experience price surge that will lead to a new ATH, but many newbies thinks that bull run starts immediately after halving, but it is not true.  Over the years since Bitcoin was created, it has proven to be a reputable asset that will continue to be in demand because of it's profitability so the price will always increase in the long run. Buy and hodl as many Bitcoin as you can afford, bull run will come in it's own time.
legendary
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June 16, 2024, 05:19:06 AM
#38
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.
Opportunities are always there and open to everyone who truly believes in investing in Bitcoin, especially for those who have clearly seen the four-year cycle in Bitcoin which always creates the highest price in Bitcoin itself. The price of $66K is a price that is not too bad to buy for everyone who wants to make their own preparations to welcome the bullrun, so that the worries and doubts that are in each of our minds must really be put aside so that we all have a strong mentality to want to buy in that price range.
hero member
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June 16, 2024, 04:54:40 AM
#37
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.
In terms of learning Bitcoin, it is necessary to continue to learn if you want to have good knowledge, but regarding crypto it will be very complicated because there is too much.

I don't think the bull run will happen now but I do think now how strong the new support is to go to the bull. In 2024 it may be difficult to see the bull we are hoping for, but in 2025 the hope of seeing a bull run is very strong to happen even though it is only limited to speculation with the events and history.
hero member
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June 16, 2024, 04:38:24 AM
#36
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.
Bitcoin Halving is already done, so where is that explosion you are talking about? HHmm.. In fact, Bitcoin did even dumped a lot. Trust is a powerful thing because it can make us believe that something is going to occur even if there are no guarantees. Maybe there are people who are literally speculating, like watching the price alone and not making any investment.

I think there is also an excitement on doing this. For those who do invest, indeed that it's better to do things ASAP and this is why we have a DCA here because it makes people to invest even with a small amount but it's justifiable since most of the times the price is not down yet.
legendary
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June 16, 2024, 03:49:13 AM
#35
What makes you think that will happen a bull run now?

Math and history.
The math behind Bitcoin's emission and the historical charts for what has happened after each halving.
Even more, imho we are already in the bull run. Or how would you call the current "state" when the price was at 15-20k in the winter of 2022-2023 plus we have already surpassed this year the previous bull run's high (no matter the corrections we had since then)?
member
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June 16, 2024, 03:25:04 AM
#34
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.

I think is more profitable to believe like religious people than seeking much about this I would not contribute much to your question base on fact I have not experience it before it's my first time to experience halving and looking forward the Bull run but I believe because I have read allot from experienced people who have been in the system the saying there is no smoke without fire has been my beacon to believe more behind every rumors there is always some atoms of truth.

Bull run is at the corner it take those who have experience to tell you what will happen soon because you can't give what you don't have ,  trying to doubt when you have not experience bull make you not ready to learn , asking questions to learn is good but there is a length to which you will argue in the means where many information and statistics of how the system work is already available.
sr. member
Activity: 1456
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Eloncoin.org - Mars, here we come!
June 16, 2024, 02:07:05 AM
#33
It is not easy to predict how much time Bitcoin will take to boost in price to create a new ATH but it is clear that it will surely create a new ATH later or earlier. Time is not guaranteed but investors of the bitcoin trusted That during this bull season they will examine new all the time high value which will be right to sell their assets to take profit.

If someone has little Knowledge about Bitcoin then he can Understand well that how to take profit from it so it is the best time to purchase Bitcoin to have maximum return during new ATH achievements.
legendary
Activity: 3472
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June 16, 2024, 12:14:17 AM
#32
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.
legendary
Activity: 1848
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June 15, 2024, 11:18:21 PM
#31
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.
legendary
Activity: 2086
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June 15, 2024, 01:21:02 AM
#30
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.
full member
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June 14, 2024, 07:00:32 PM
#29
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.
sr. member
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June 14, 2024, 05:39:55 PM
#28
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.
sr. member
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June 14, 2024, 05:21:22 PM
#27
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.
legendary
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June 14, 2024, 03:02:28 PM
#26
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.
sr. member
Activity: 378
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June 14, 2024, 02:05:32 PM
#25
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.
hero member
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June 14, 2024, 12:48:59 PM
#24
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.
full member
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June 14, 2024, 10:08:17 AM
#23
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.
copper member
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June 14, 2024, 08:49:27 AM
#22
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
legendary
Activity: 4088
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June 14, 2024, 08:42:14 AM
#21
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.
sr. member
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June 14, 2024, 08:35:25 AM
#20
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.
hero member
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June 14, 2024, 08:06:41 AM
#19
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.
sr. member
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June 14, 2024, 07:35:44 AM
#18
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.
full member
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June 14, 2024, 07:23:50 AM
#17
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.
hero member
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June 14, 2024, 05:19:22 AM
#16
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.
legendary
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June 14, 2024, 01:23:36 AM
#15
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.
donator
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June 14, 2024, 01:08:47 AM
#14
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..
full member
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June 13, 2024, 10:40:58 PM
#13
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.
hero member
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June 13, 2024, 09:16:06 PM
#12
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.

That is the wrong mentally to begin with, if there is going to be a bull run, you should look at it for the long term, the bigger picture and not something like after the halving we will see parabolic rise. Anyhow, you are still a newbie in the market and for sure you have to learn a lot of things first.

Others have pointed out to you some good reads, but I will advise you to just go over the forum and play around and read as much information as you like, but for sure there will be information overload for you. And if you wanted to see the bull run, just wait till next year if you can, and maybe we will be the 6 digit around that time.
legendary
Activity: 2814
Merit: 1192
June 13, 2024, 02:27:25 PM
#11
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.

You say you don't know much about it. so what makes you think you can read its charts? To understand where the asset is going you need some fundamental knowledge, right?
I know nothing about cattle, so I won't say I can predict the price by looking at recent price action.

What makes me think there will be a bull run? Because historically every halving was followed by a price increase and that was always a sharp one, to at least 3x the last ATH. I'm not saying it has to go 3x, or even 2x, but I'd expect it to at least go 0.5x, which would take us up by around $35k, to 100k USD.
jr. member
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June 13, 2024, 01:09:17 PM
#10

In short, Bitcoin offer many utilities like decentralized, privacy, transparent, limited supply, and secure, which make people buy Bitcoin not only due to the price. If you want to learn more, visit https://learnmeabitcoin.com/

Well, if you ask me, I would say that many people are now investing in Bitcoin for the purpose of making a profit. What could be the reason why whales are investing a huge amount in Bitcoin if not to make a huge profit? What's the reason why some big companies, like Micro Strategy, are buying more Bitcoin? I think it all boils down to profit-making. I believe that the things you have mentioned, such as decentralization, security, privacy, etc., are all characteristics of Bitcoin, but when you think of the major aim that drives people to invest in Bitcoin, profit-making is what it is. Investors expect to make a profit, and they also know they will enjoy privacy, security, decentralization, etc., which are all characteristics of Bitcoin. 



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.
copper member
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https://linktr.ee/crwthopia
June 13, 2024, 12:13:56 PM
#9
You don't understand the spelling as well  Shocked it's crYptocurrency or cryptos, not "criptocurrency"-"cripto".

Everyone is waiting for the big moment in the cryptocurrency space but it would be hard to always monitor and be with it. I think being part of a specific community would be the key to being active and understanding the possible things that you can be part of.

As long as the BTC is decreasing in supply, the demand going up, then the price would get higher. I think you just have to be patient.
hero member
Activity: 952
Merit: 555
June 13, 2024, 12:10:10 PM
#8
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.

There are many convincing facts that we can use and take on as reasons why we should expect for more bull run to come even though we are having a bear market, if you know how to speculate, well, you could perceive for that or when you go through the memory chart history on bitcoin price performance in the past, you will discover how it has been rising and increasing in value over time, the more we also have its increasing adoption rate and market volume and supply the higher its value becomes as demands increases and so will the price also increasing.
legendary
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June 13, 2024, 11:12:43 AM
#7


OP unfortunately I have to inform you that the bulls are currently busy with other things and don't have time for the bull run - we'll be back soon (once we've eaten all the popcorn) Cheesy

Honestly, this question is funny to me - so the answer is in line with it.
member
Activity: 210
Merit: 36
June 13, 2024, 11:08:12 AM
#6
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 movement of Bitcoin in the chart does not determine if the price will go up or not, though I may not no too much about chart but I believe that when the Bitcoin price was still at the $40k most time you will see that the price on the charts moving towards down trends and if you are following it you will think that the price will fall drastically but before we no it has hit $50k and from there it keeps rising, so my points is that even if your chart is not showing you that Bitcoin will rise doesn't mean that it will not.
hero member
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June 13, 2024, 11:05:04 AM
#5

In short, Bitcoin offer many utilities like decentralized, privacy, transparent, limited supply, and secure, which make people buy Bitcoin not only due to the price. If you want to learn more, visit https://learnmeabitcoin.com/

Well, if you ask me, I would say that many people are now investing in Bitcoin for the purpose of making a profit. What could be the reason why whales are investing a huge amount in Bitcoin if not to make a huge profit? What's the reason why some big companies, like Micro Strategy, are buying more Bitcoin? I think it all boils down to profit-making. I believe that the things you have mentioned, such as decentralization, security, privacy, etc., are all characteristics of Bitcoin, but when you think of the major aim that drives people to invest in Bitcoin, profit-making is what it is. Investors expect to make a profit, and they also know they will enjoy privacy, security, decentralization, etc., which are all characteristics of Bitcoin. 

legendary
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June 13, 2024, 10:43:48 AM
#4
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.
In terms of Bitcoin, it will be much better if you want to continue learning about it and are also willing to buy and keep it for the long term, which you can consider as an investment in your own future. Because if you only think in the short term about the reasons for whether Bitcoin will explode or not in the near future, I don't think you will get any benefits even if you spend your time studying the price chart for Bitcoin itself. Now try to look at the history of Bitcoin's journey every year until now so that you can have a clear picture that Bitcoin is indeed worthy of being maintained by everyone in the long term.
sr. member
Activity: 504
Merit: 254
June 13, 2024, 10:33:31 AM
#3
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.
Most definitely Bitcoin is a volatile digital currency flexibly to fluctuating.

OP, you do not have to be convinced by the market chart. Just go and study and do your research about what Bitcoin is all about including its utilities and valuabilities.
However, be let known that the liquidation of Bitcoin states that it is not so highily volatile like the Altcoins which can rise overnight and still falls over the period of time.
So, Bitcoin is literally not a program to skyrocket in a quick event if not, it has event processes before it surges to be explosion.


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 bull-run event and it is been expected to occur unpredictably but it is sure to come at every four years intervals after several events like the bear, dip and halving events has passed. The bull-run is believed to come but too early to expect it yet.

Actually the bull-run is a high market Bitcoin event which is triggered based on market sentiments and some technical derivations.
hero member
Activity: 742
Merit: 633
June 13, 2024, 10:04:17 AM
#2
It's not surprising to see people who buy Bitcoin just because they see Bitcoin has a potential to increase more and more by looking at the chart.

But, I'm not recommend to buy Bitcoin when you didn't even understand about Bitcoin at all.

In short, Bitcoin offer many utilities like decentralized, privacy, transparent, limited supply, and secure, which make people buy Bitcoin not only due to the price. If you want to learn more, visit https://learnmeabitcoin.com/
jr. member
Activity: 35
Merit: 13
June 13, 2024, 09:06:09 AM
#1
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.
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