Topic: Why does It takes time for market to be bull (Read 616 times)
Our expectation is that the value of Bitcoin will always increase, but we do not worry that the value of Bitcoin will decrease. With the increase in the value of Bitcoin, the value of Bitcoin will not increase as we expect. The price of Bitcoin will increase at a certain pace. In 2022, we have seen that Bitcoin is constantly in a downward market position, but if we consider 2022, the market has come to a much better state in 2023. Maybe in 2023 Bitcoin price did not increase as much as we expected but we should be satisfied with the amount of price increase. And the price rise of Bitcoin is not over. The price of Bitcoin is likely to increase in the coming days.
I have been wondering why does it take so much time for bitcoin price to bull and whenever it try's coming up it takes just some few hours or days to drop drastically or changes in percentage.
Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?
Can someone explain this to me i am curious to know, and if this question already ask please ref me topic to read so i can lock this?
Thank you.
Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?
Can someone explain this to me i am curious to know, and if this question already ask please ref me topic to read so i can lock this?
Thank you.
I think everyone here is very familiar with the current state that the cryptocurrency market is still on its way and the lack of clear regulatory guidelines can contribute to market uncertainty and volatility. As regulations continue to evolve, it is likely that the market will become more stable and mature. If you look further, the cryptocurrency market is still relatively new and lacks the same level of maturity and stability as traditional financial markets. As a result, it is susceptible to large price swings and market volatility. This volatility can be exacerbated by the fact that the market is largely driven by speculative trading and sentiment, which can change quickly and cause large price movements.
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I still believe that there is a correlation between bitcoin and the world economy. I like to live realistically, I will only dare to think about ATH only after the halving happens and the economy gradually recovers.
2021 will be the peak and 2022 will be the year when everything goes back to basics due to high inflation and the influence of the global economy, due to various factors such as interest rates that continue to rise. I still believe that there is a correlation between bitcoin and the world economy. I like to live realistically, I will only dare to think about ATH only after the halving happens and the economy gradually recovers.
There is indeed a correlation between Bitcoin and the world economy.
But some of the economic problems experienced by banks and some banks went bankrupt, it became an opportunity for Bitcoin to exist and become an option.
and we can see that surge happening in the last few months.
For now, bitcoin is still on hold and waiting for the FED's announcement about raising interest rates again and of course, this will be an influence when Bitcoin starts to fall again.
I appreciate your caution and always being realistic in thinking about Bitcoin's ATH.
But we can see when the days leading up to ATH, bitcoin market movements will usually be seen and will indicate whether bitcoin will be bullish or not.
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Bitcoin's rise from $17k to $30k is amazing, but that doesn't mean we'll be able to sustain that momentum without any support. Don't expect too much when the halving event has not happened or the world economy has not recovered.
But hope will certainly always be there, despite the turmoil of the world economy that has not yet recovered and affected various sectors. Bitcoin's rise from $17k to $30k is amazing, but that doesn't mean we'll be able to sustain that momentum without any support. Don't expect too much when the halving event has not happened or the world economy has not recovered.
But Bitcoin is still Bitcoin, when the market is hit by a crisis it will be an opportunity for Bitcoin to exist.
We'll just wait for the halving to happen next year. ahead of the halving as before, the Bitcoin market looks better and maybe it will happen this halving.
Don't lose hope, because it will be your stimulation to keep believing that Bitcoin will reach a new ATH.
I'm not saying I've lost hope or telling people to stop hoping. I mean, bitcoin is part of the world economy, and if the economy goes wrong, it is very difficult for bitcoin to go against it and create a spike. Let's see what happened in 2022 when inflation was high, interest rates rose too fast, and bitcoin was impacted hard. I still believe that there is a correlation between bitcoin and the world economy. I like to live realistically, I will only dare to think about ATH only after the halving happens and the economy gradually recovers.
Well, it requires everyone to be hyped about it at the same time, that's the issue. We all know that it is not going to be easy to suddenly consider investing into bitcoin all at the same time, you and I may not invest together on the same hour, that is the issue.
So when the bull comes, that means a good chunk of people invested at the same time and that is not common, we need something to make that happen. Usually after halving is the period when the price goes up, because it is not going to be just investment that makes it go up but also less people selling as well. This is why I believe that when there are more investors but also less sellers, the price starts to slowly go up. That's what makes bitcoin go up, halving and causing income of miners to drop, so price goes up to make up for it.
So when the bull comes, that means a good chunk of people invested at the same time and that is not common, we need something to make that happen. Usually after halving is the period when the price goes up, because it is not going to be just investment that makes it go up but also less people selling as well. This is why I believe that when there are more investors but also less sellers, the price starts to slowly go up. That's what makes bitcoin go up, halving and causing income of miners to drop, so price goes up to make up for it.
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Yes, it cannot be denied, no one will guarantee that Bitcoin will continue. This depends on how the FED decision will be on May 3. It has just started and Bitcoin is currently still in a bearish phase, but bitcoin is ready to reach a new ATH after various bad news that keeps bitcoin on hold.
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Bitcoin's rise from $17k to $30k is amazing, but that doesn't mean we'll be able to sustain that momentum without any support. Don't expect too much when the halving event has not happened or the world economy has not recovered.
But hope will certainly always be there, despite the turmoil of the world economy that has not yet recovered and affected various sectors. Bitcoin's rise from $17k to $30k is amazing, but that doesn't mean we'll be able to sustain that momentum without any support. Don't expect too much when the halving event has not happened or the world economy has not recovered.
But Bitcoin is still Bitcoin, when the market is hit by a crisis it will be an opportunity for Bitcoin to exist.
We'll just wait for the halving to happen next year. ahead of the halving as before, the Bitcoin market looks better and maybe it will happen this halving.
Don't lose hope, because it will be your stimulation to keep believing that Bitcoin will reach a new ATH.
and now it is a transition period where the bear market will slowly switch to a bull market.
The current Bitcoin price is still stable above $29k and this proves that Bitcoin will still increase and break the $30k price again.
So far, we have no guarantee that the price will continue to grow, now the price has begun to fall and on May 3 we are waiting for the next meeting of the Federal Reserve System, and according to the news, they are going to raise the rate for the tenth time in a row, despite the risks, since inflation still high.The current Bitcoin price is still stable above $29k and this proves that Bitcoin will still increase and break the $30k price again.
How bitcoin will react to this is not clear, in addition, it is still not clear how the banking crisis affects bitcoin, in fact, we still have to find out, since it has just begun, and all the most "interesting" lies ahead.
We had bad experiences in 2022, so I know that many are hoping for bitcoin to continue to rise and conquer higher prices in this year. But I agree with you, we have no guarantee that the price will continue to rise, first of all, based on the history that the bear season is not over yet. Secondly, based on the volatile world economic situation, many difficulties still need to be removed, so it will negatively affect the market rather than create conditions for the market to recover.
Bitcoin's rise from $17k to $30k is amazing, but that doesn't mean we'll be able to sustain that momentum without any support. Don't expect too much when the halving event has not happened or the world economy has not recovered.
The Market on average is Bullish because the bull rather than the bear is in control. Better still, the Bull is in control because price has increased more than it has decreased since the start of the bullish run.
You have to be careful with those who still think we are in Bear Market... don't trust them else they ruin your life. They choose to believe the lie or have been brainwashed.
Bull Market is market controlled by the Bull. The Bull is currently in control of the market.
You have to be careful with those who still think we are in Bear Market... don't trust them else they ruin your life. They choose to believe the lie or have been brainwashed.
Bull Market is market controlled by the Bull. The Bull is currently in control of the market.
and now it is a transition period where the bear market will slowly switch to a bull market.
The current Bitcoin price is still stable above $29k and this proves that Bitcoin will still increase and break the $30k price again.
So far, we have no guarantee that the price will continue to grow, now the price has begun to fall and on May 3 we are waiting for the next meeting of the Federal Reserve System, and according to the news, they are going to raise the rate for the tenth time in a row, despite the risks, since inflation still high.The current Bitcoin price is still stable above $29k and this proves that Bitcoin will still increase and break the $30k price again.
How bitcoin will react to this is not clear, in addition, it is still not clear how the banking crisis affects bitcoin, in fact, we still have to find out, since it has just begun, and all the most "interesting" lies ahead.
Simply because it is manipulated and only those who are patient enough can become the winner. The longer the bear market lasts, the more frustrated investors get and dump their assets, and the sharks love that.
The market is subject to the demand to the supply connected with the real time market and various other factors. It need its own time for the movement from bearish to bullish. In between the price movement getting stagnant within specific range is common. People who have already used to the market, this is common. For users who doesn't have the proper learning, but find this to be an easy way to turn rich it is simply hard task. The market is bullish, because there is regular growth going through the ongoing year's chart.
and now it is a transition period where the bear market will slowly switch to a bull market. The current Bitcoin price is still stable above $29k and this proves that Bitcoin will still increase and break the $30k price again.
There is no get-rich-quick scheme with an instant market increase. bearish and bullish markets will always occur, the important thing is that we are prepared for everything that will happen in the market.
Bearish also needs time to recover. Likewise, bullish take time to stabilize.
Everything will usually go according to the cycles that have previously occurred.
It's just how cycle would move around. Everything needs time to accumulate
The market is subject to the demand to the supply connected with the real time market and various other factors. It need its own time for the movement from bearish to bullish. In between the price movement getting stagnant within specific range is common. People who have already used to the market, this is common. For users who doesn't have the proper learning, but find this to be an easy way to turn rich it is simply hard task. The market is bullish, because there is regular growth going through the ongoing year's chart. 
I think everything also requires process and time, and so does the bull market.
and bitcoin has the nature of fluctuating prices so it's natural that there are always corrections, just try to look at the history of bitcoin prices and for sure you will find corrections and before the bull market comes there is always a bear market first.
and that's the natural process of a crypto and btc market.
so true. And in the market there is always an accumulation period where the price tends to go sideways and indicates that many people are starting to accumulate. like the last few months the actual bitcoin price on the big chart still looks sideways from 26k to 30k. it is necessary for the market to strengthen the support area and continue to increase the price slowly. and yes, when the decline does sometimes go faster because it is usually followed by funds circulating and causing people to panic to sell. and bitcoin has the nature of fluctuating prices so it's natural that there are always corrections, just try to look at the history of bitcoin prices and for sure you will find corrections and before the bull market comes there is always a bear market first.
and that's the natural process of a crypto and btc market.
Bitcoin doesn’t depend on the bank or government,but now governments depend on bitcoin for their economy and taxes.Now governments charging taxes for the cryptocurrency in most of the nation.Now cryptocurrencies had huge impact in their world economy,many people earning good money from the cryptocurrency trading and by cryptocurrency related works.Finally the government get the taxes from the people and develop their own country economy.So money flow impact the trading of crypto currency.Most of the time money flow and inflation plays huge role in the price of crypto currencies.Take the profits when the price of bitcoin crossed above the value you brought from the exchange.Bull run is best time to get profits from the crypto currency trading.
As the crypto market is unpredictable, there is no telling when things will happen. But it lasts long in just dumping the market. But we can benefit from bulls and bears to earn more profit for the investor. Buying Bitcoin in a bear market is one of the best opportunities. If you can't keep buying bitcoins in a dumping market, you will never make a profit.Big traders like bear markets because there is always a bear market before a bull market.
I think everything also requires process and time, and so does the bull market.
and bitcoin has the nature of fluctuating prices so it's natural that there are always corrections, just try to look at the history of bitcoin prices and for sure you will find corrections and before the bull market comes there is always a bear market first.
and that's the natural process of a crypto and btc market.
and bitcoin has the nature of fluctuating prices so it's natural that there are always corrections, just try to look at the history of bitcoin prices and for sure you will find corrections and before the bull market comes there is always a bear market first.
and that's the natural process of a crypto and btc market.
The reason is simply because of "momentum", If I will give you scneario it is like this. Plane cannot fly if they cannot gain momentum in the ground, they need it for them to have a power to overcome the downward force of its weight. That is why the plane need to go in the runway first before it can able to fly. We can compare it in the price of the bitcoin wherein its price should consolidate first before it can overome the downward force (sellers). Have a patience because it takes time, the price really needs to consolidate.
If the price keeps increasing without retracement and swing low then it can be considered as a weakness. Bullish market will come when the price of the bitcoin gets momentum and break its current key levels which is the current major resistance. We should be prepared anytime from now because the market is becoming good and good again, we can ride the opportunities if we train our minds to see it. Investors and traders want to see that the market turns into bulls again but it seems that they still do not have any preparation to ride the opportunities.
If the price keeps increasing without retracement and swing low then it can be considered as a weakness. Bullish market will come when the price of the bitcoin gets momentum and break its current key levels which is the current major resistance. We should be prepared anytime from now because the market is becoming good and good again, we can ride the opportunities if we train our minds to see it. Investors and traders want to see that the market turns into bulls again but it seems that they still do not have any preparation to ride the opportunities.
What are you expecting from bitcoin? Do you want bitcoin to increase in price continuously for 1 year so you can take profits and get rich quickly after just one year of investing in bitcoin? I have not seen a financial market that can go up continuously for a year without a correction.
I think op is not directly saying that bitcoin price should be stable continually, but saying whenever the bulls comes it disappears quickly than the bear. The bear can last for about 7 months above but we barely maintain straight up bull for about 7 months as what I understood from op post.
That shows that making money in this market is not easy, and opportunities will only be available to those who know how to be patient and seize the opportunity as quickly as possible. If a bull market can last 7 months to a year like a bear market, many people will get rich quickly, and there will be almost no losers, I have never seen such a financial market. Bear market is a market that purges weak projects, weak hands are out of the market, so it takes more time, and rewards should only be given to those who deserve it. If we do not have patience and do not have faith in the market, we cannot expect to receive the reward we deserve, like those who have strong faith and patiently wait for the market, this will make the market unfair.
I have been wondering why does it take so much time for bitcoin price to bull and whenever it try's coming up it takes just some few hours or days to drop drastically or changes in percentage.
Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?
Can someone explain this to me i am curious to know, and if this question already ask please ref me topic to read so i can lock this?
Thank you.
bitcoin take so much time before it can increase and if it does not have one particular time that the inclement will come so the problem is that when the people buying bitcoin have a higher demand is what will make a Bitcoin to Rice Does this means bitcoin can not maintain bull sign for about 7 months or 1 year straight up without having to change and show bear signs?
Can someone explain this to me i am curious to know, and if this question already ask please ref me topic to read so i can lock this?
Thank you.
What's important thing there is you should never get affected easily on the news you are reading online because for that you can be easily manipulated by people if you let yourself digest all the fuds they feed to you. Its better to always listen to what is the current trend happening since it can give you huge advantage to gain more profit coming from people who do wrong decision like dumping their coins out of panic.
For now its hard to see a certain crypto will consistently goes up since correction will always occur so let always seek for indicator and possibly earn with those movements.
A fall down to the 25k level would look quite normal, if the price falls lower then we will need to look at the market, but I think that this should not happen. We need to analyze the situation on the market yourself, and need to follow the news, but there is always enough dubious information.
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