Bitcoin Forum

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?

Bull run i mean btc price at least 12-16k and up.
 

What is even a bull run and a bearish market? Bitcoin mooning from $3k+ to about $13k+ is that a bull run or a bearish decline? We may not have seen ATH but that doesn't mean good things are not happening in the market.

Only mass adoption can bring BTC back into the bull run which is not happening because of slow transaction speed and no support from governement currently but I think soon governments would realize it's worth and with coming of lightning network it will definitely go to a bull run very soon.

Are you sure about that? that is the price you want to have i think.

BULL RUN:
it is not the price we want but the price in the market where we can see that is is going up.
This bull run will make the coin or BTC have more demands than dump!

BAKKT is here? they said! we may see it but the effect is not really here yet.

If we want bull run then we must have most local stores and country involved in the movement.

Before the race it is wiser to lower the price so you can buy more. The news is good yes, but sometimes it is better to have a lower price and then buy a larger amount.

You using volumes as argument for bull run is a rookie mistake and shows that you are a new here.
Volumes are faked, almost every exchange fakes their volumes ,especially those who dont have FIAt pairs.

As you know the big bull run in past ended with the big awaited event, markets go up before the events not after them.

Indeed that is not enough.  Volume can be faked as far as we know,  Bakkt did not performed well on their launch and had a miniscule transaction to affect and create a rally for Bitcoin.  It is too soon for BAKKT to be the catalyst for Bitcoin Bull run. 

Honestly, sometimes I think that Bitcoin price movement is independent from events that happen in the Industry.  We see good news, the price drops.  In the previous years, we saw bad news about banning and yet Bitcoin rally and reached another ATH.  Sometimes I think that there is a group of whales manipulating the price of Bitcoin.  So if what my suspicion is true, then we need this group to decide that it is time for Bitcoin to reach its ATH.

I see Bakkt having its real effect in the long run. It was recently released and they are already charging her a lot. The exchange was created to facilitate institutional money and it will not be immediate that it will enter

It's because the market is not ready yet for a bull run. And even though we have so many positive news coming around, the demand is not yet there. Specially when Bakkt enter the pictures, it was touted to be the catalyst, but look what happen after that.

I think the demand will come in once we draw closer the bitcoin halving. And then slowly rises after that because of the difficulty acquiring BTC.

these are not "good things".
Bakkt is partially good but mostly was hyped up.
Binance has absolutely nothing to do with bitcoin because it is an altcoin exchange and whether or not it has high volume doesn't change anything for bitcoin not to mention that their volume is partly fake and rest of it is due to pump and dumps.
bitmex is somewhat relevant but it is mainly the place to go to for leverage trading. it is not "good" news for bitcoin really.

Whenever there's a bull run, there'll always be a plummet from that high price down to a lower, more reasonable price.

Nothing big has happened so far, and no huge whales have exited or bought up all the BTC, so that's probably the main reason why we haven't seen a lot of huge price changes in the recent months.

I like the current market though to be fair, small price changes, where BTC is fairly stable and isn't making huge bull or bear runs.

Exactly what is the reason. Yahoo failed but google become the all time giant. What is the reason why chinese & indian markets are growing at a faster pace than US markets. There are a plenty hell of reasons but nothing objective that could satisfy anyone. Same is the thing here. Bull run is not something like a season which will come and then retreat. It's actually reaction of people when they get into FOMO. Only a good news can't get a big fomo and this is the reason we haven't have a bull run so far. First there must be some good adoption. People should understand the value of bitcoin and the things take make it valuable and when they realized this security is not worth missing the FOMO would trigger something you call a bull run.

Yeah, there has been much news about bitcoin but none of them really helped bitcoin in terms of price, look at BAKKT price even dropped after it happens last time. What bitcoin needs in order to get a bull run again is just one news, some hype and massive adoption from the community, this will create huge demand which will push bitcoins price to go up.

You really don't have to search for reasons on why there is still a low price and the bull run is hasn't come yet. No one can really answer that question in exactly but they're just speculations. Just focus on investing coins that has the capability to push during bull runs.

Bakkt is here, but the effects on the market were a disappointment to a lot. Even though it was hyped and people told the community that with its launch, bitcoin price would rise, when the launch happened, instead of going up, it went down. Besides, those factors may affect the market but since they were a bit of a disappointment, they really didnt do much to affect the bullrun

yes thats what the definition of a bull run.  everybody knows that your refering to that price range when you say bull run.  you list few good reason on why the bull run must start but why it didnt ? it could be that whales are responsible for this  .

they dont want to start a bull run but maybe thier waiting for the right time.   like what happen last two years ago where the bull only started in november and december.  they may want people to expect that history really repeats itself.  better if you can  wait for that dates

Well, when you think about it, the bull run starts when there is a huge demand, which forces the price to go up. So it stands to reason that people need to start buying BTC more in order for its price to grow. There's your problem, there is likely skepticism and uncertainty in the heart of it all.

We are already living in it.

Have you bought any coins when it was below $4k? If you did, you would have at least tripled (doubled now) your investment by now. It hit $14k just a few months ago.

We are slowed down lately but we will get the next moon shot next year around the halvening probably.

Good news can't prop up bear markets. So maybe we're in a bear market. Ever consider that?

Check out this post (https://bitcointalk.org/index.php?topic=5128394.msg51975328#msg51975328) and scroll down to "Bear Scenario (Alternative)." It's possible the long term bull market is over and we're headed to much lower prices now.

I don't think that anyone has the right answer for that...
Crypto is on a crossroad... BTC is old and can't get there without patches, so we are hoping for the Lightning Network to work... as BTC is the strongest and most known coin, it is the one with chances for global adoption...so, fingers crossed, and hope that BTC tech can be updated

Simply because it isn't the perfect timing for it to happen. 2017's bull run was surprising. I guess we should wait for total mass adoption and crypto acceptance around the world. That would surely bring a huge impact on the price of Bitcoin. However, the current price is still good so we must just take advantage of it. The bull run might occur this year, next year or it could happen so soon. No one really knows when.

Answer is very simple ! Because new investors are not entering on bitcoin market right now. When new buyers will encourage to enter on bitcoin that time bitcoin will be on full bull run like happend on 2017. Most likely bitcoin just roaming between old traders and that's why we have seen current dump. Whatever you say, FUD or FOMO but main thing is new investors. Anyhow you have to encourage new investors to bitcoin then you can see bull runs.


When you will see previous chart record you will realize how new investors could help bull run. During bull run you will noticed that there was high buy pressure, that means there was lot of new investors who already entered on crypto-currency markets and they want to buy bitcoin. That's why when bitcoin start bull run then just running for few days. Its because of investor's FOMO.

Yes! 
True! 
But Where is the New investors? 
And Where they come from? 
If they dont soon join in we will see other dump.

Mostly the Old investors investing in altcoins ieos.. Icos.


The bitcoin is just door way right now to cash out or cash in.

Dont be so exited about halving look at litecoin?

Litecoin is still down!

You've got to understand that markets don't move in straight ups and downs. Instead it needs periods of consolidation in which weak hands and retail traders are shaken out of their positions and fuel the positions of the big accounts. After all it is all about supply and demand. Demand > supply = price surges up, demand < supply = price goes down, demand ~ supply = consolidation.

In simpler words bulls need periods of cooling down so they can recharge their batteries. You can't just pump the price to $100k like that  ;D

The reason is that none of the things that you mentioned is new. Binance and Bitmex trading are already in operation for a while. Bakkt is newly launched but it does not mean that it is a new idea. It has already popped out several months ago. So there really is not enough reason for a bull run as far as the factors that you mentioned are concerned. 

However, I am positive of the upcoming 2020 halving. Although this is not a guarantee of course of a bull run, it will definitely be a significant factor.

This may takes time time for bull run to happen, possibly needs more adoption for the price to increase. We could also take this opportunity to accumulate some btc in our wallet. And once more adoption will happen, and will invest into crypto surely btc price to be moon. Therefore, others knows this that the more demands the price will goes up just so happen no one knows when it will occur. Let’s just hope to see btc pumping next year.

Probably, the market is not ready for another bull run.  That is the main reason why, if it is, then we can see Bitcoin soaring high already.  Aside from that, whales are manipulating trades and most of the people on the margin trading had been long for so long and they got impatient and shorted it.  That instantly changes the market sentiment from bullish to bearish.

Instead of whinning about the next bull-run, why not enjoy the current bitcoin price to accumulate bitcoin. Once the bull-run starts people would start crying again regreting not buying when the prices are cheap. Just accumulate in small amount and be patient, everything will be worth it.

It's high time we stopped living with 2017's mindset. For a bull run to start, we need see more adoption, institutional money flowing in and possibly lessen bans place on cryptocurrencies in most countries. BAKKT can't trigger any bull run. Exchanges being successful and having heavy trade volumes can't also do the magic. It needs real solid underground works.

I'm curious... What does not suit you in today's Bitcoin price, it is very high, and gradually rises. I think it will continue to rise in the near future. And Yes, now this news is not good enough to send Bitcoin to conquer new heights. I think that now it is engaged in by people to whom it is favorable, we can only wait.

It's needs to gain more supports and users trust in order to bring more success, Bakkt alone can'r lift everything but the people behind this industry have capabilities to bring the bull to wake up. There's no need of comparing the situations from how things went last 2017 bull, if we live from that we will be left stuck from the memories and keep pulling things down. Start working with good anticipations future will dictates the fate of this market.

Are you new in the crypto space or what ? The bull run of Bitcoin for this year started in may, thus when the  price of Bitcoin moved from $5k to $12k and then dropped down to $8k. The bull run has already happened for the year 2019.

I knew it that BAKKT and others will definitely not affect bitcoin's market price and the worst part is the price decreases.
But as the others said, the bull run already happened but not similar to the bull run in 2017. I hope that this is not the end of bitcoin in the year 2019.

What bull run?  It was just pump!! 
Bull run is Long run and smooth run when Everyday we see nice and steady btc price is going up!!

That's nice and That's what we need!

There are hundreds of people who own billions of dollars in Bitcoin. If they do not participate in trading and other events then Bitcoin price will remain in place. This is why Bakkt and other events were unsuccessful and did not affect the growth of Bitcoin - whales did not do something

Maybe it is just stabilizing or something , it's Bitcoins , you can never be sure of anything thus whatever it is we cannot predict when it is going to be a bull run or a bearish run this is the reason why people try and stay out of cryptocurrencies because we don't have any formula or chart , the fact is , it's not only the good things happening but some bad ones too the problem is our focus is out there in the market , I think it will take time , who know how much .

Volatility.

This is the reason why the market goes up and down from time to time and even though we think that it's already a bull run there's still something that stops it. We just can't control the crowd.

Wait for next years to come and see on how the market will progress. Don't rush, most of the investors that rush are even losing more.

I also think it's a lack of maturity, the market needs it to grow and spread better. Give him a few years and we'll have good fruit.

Whales had nothing to do with the market, it is just the weak-handed dumping their Bitcoin instead of hodling. Whales will join in if the said event is useful in the crowd yet they choose not to join. This just means that bakkt is not the kickstarter that were waiting for the bull run.

Yeah that's another good reason.

This will take time and it won't come to an instant but for the past decade look on how it grew. People started to gain trust to it and those who have not been believing it before saw the potential that it brings.

"Slowly but sure"

Likely the progress of bitcoin would be along with that term. Institutions are getting busy studying and thinking if they'll come in but few of them already started getting in.

It is all about demand and supply.
The weird thing about the crypto market (especially Bitcoin) is that it doesn't seem to be affected by news whether they are good or bad!

Regarding BAKKT, obviously it was a disapointment. The day it was launched, Bitcoin price started falling (which wasn't expected).

Volatility is the reason why the market goes up and down from time to time and even though we think that it's already a bull run there's still something that stops it. This will take time and it won't come to an instant but for the past decade look on how it grew. Whales had nothing to do with the market, it is just the weak-handed dumping their Bitcoin instead of hodling.

No one really have an answer for the reasons why the bull run of Bitcoin hasn't started yet. The nature of the bitcoin market and ecosystem makes it difficult to know and predict when the bull run will begin.  You just have to keep your eyes on the market and observe the patterns of the rate the market value of Bitcoin changes. That can help you know to invest and make some reasonable profit.

Honestly saying that There is no concrete answer regarding this issue and Almost we don't have anything to comeback run of BTC because it's a matter of market manipulation so far I think. It's getting complexed day by day about the prediction of What's going on and what's coming on. But it's true that when the high transaction will begin then this scenario will get changed somehow, We can only be watchful towards the market and then we see how's going on this platform. it's easy to predict Bakkt is not making any impact on this platform so far, How it can do well it's still under doubt, this market is getting also depend on some big fishes who are holding a greater portion of Bitcoin and those are the main responsible to bring this market much vulnerable.

That's right, no one knows but still we have speculations. I don't think so. Maybe we can say it's enough if the value of it will rise again to around $18k so that many investors will be happy and earn big when they sell all the bitcoin that they bought when the value is low. They will be able to get rich in that way and I think that the we can say that it's enough.

Exactly, market is unpredictable all the things you might read in some articles are just speculation. We don't know when the bull run will happen but even so we should observe and be updated upon the movement of the market. Probably, there are some issue that hindrances the bull run however, it is vague so I cannot mention one but I am pretty sure it has to be a reason why it is not starting yet.

Bull run will come in an unexpected way, we were thinking so hard when it will come. Lets just stay our cool and the right time we are waiting will come sooner or later. Some says that by the end of this year or maybe next year. But no one can really tell what lies in our future.

There so many factors why bull run hasn't start yet. The hacking on exchanges, whale manipulation, FUDding and etc. But I think the main root cause why bull market is elusive to us right. The government interference. Just like what's happening right now. Many countries up to these days are very skeptical about the adoption of these technology. It really affects the market in general because it cause fear to some hodlers and eventually sold their BTC. Which makes the market bearish. I'm not surprised though. Bitcoin plummetEd up to $3000. What else should I fear?

Oh how greedy people are. Our OP sees bull run starting from more than 12k USD :D
We pumped from 4 to 12k but according to OP it was not a bull run. For a bull run to start we have to begin at 12 and end where? Maybe at 25k?
Where do you see an asset that you can buy in February and sell in June with 300% profit? A bank will pay you 3% and a bond 5%. If you give loans to people you'll make 20%. Bitcoin just gave you 300% and you want more because it wasn't a bull run yet. I'm out of here.

There is no exact reason why but still we keep holding and add more volume of potential coins though there is no sign that it would bull. It is just that we expect too much increase that is why that even the price is rise than before, we could mot appreciate it because of high expectation for it. There is a movement in the market but still not enough to bull.

I think bitcoin is the best choice at this time to invest. I am not sure the price will drop below $ 6,000 this year. Because I found no reason why it happened to bitcoin.
Important events will happen to bitcoin next year, and I think that event could potentially trigger higher prices. But we cannot determine certainty about what will happen in the future, this is only a prediction and history of the bitcoin journey.

Personally, I don't think that we should be seeking for reasons why we are still in the deep or still not experiencing a more proactive move in the price if Bitcoin. We have seem some couple of times this year were good news where sighted but the price still stand still. This is not the first time we encounter this and this will not be the last, the market need patience to hold our coins for profits.

Although, one could have thought that; Bakkt should have add some good rise in the price but, this was done in their first announcement and should not be expected now, they are strictly for business and not to hype.

The reason should not be far from us because, high in demand  will surely bring Bitcoin to a bull run. We haven't seen new investors coming into the industry to invest rather, we are seeing those who are scared to invest into projects. Their fears came from the scam projects which have been more rapid among some bag eggs in the industry.
Basically the bull run will come when there is a high demand for Bitcoin and other cryptocurrency in general, till then, let wait for the season.

Well, we already went from 3000 to 14000! that was a bull run! anyways, if you are looking for a new all time high, you shouldn't count on news to moon the price, it will moon when newcomers enter the space and bring new money instead of the same old players playing the same game over and over. For current time, just a trader and play the game if you wanna make money and not waiting years for the price to hit crazy price.

I want to see real Numbers! 
And smooth up wards move!

I don't think Bakkt platform is a good thing. There were big expectations about Bakkt but it was just a disappointment. I think there will not be bull run until Bitcoin halving. After that the possibility of bull run is high I think.

Which bull you are mentioning here? Bitcoin prices look very bullish yet. It was a 3000$ a few months ago. And now it worths apr. 8000$.
If you are talking about the Altcoin season or altcoin party, yes it has not started. Before that, we should see Bitcoin price first.

May be the bull is taking rest because all the events are not relevant  :P. Have you got any idea about the volume in Bakkt and if you are watching the market when Bakkt was launched the market started to fall, what do you understand with that situation, the market was holding together because of the hype it created and after the launch the investors were not impressed and started selling off. Who knows the volumes in those exchanges are real as these exchanges are known to provide fake volumes too. Have some patience we will have the rally in a couple of years time hopefully.

Maybe you a had point for that but most probably I still believe bullrun start go begin before end at year end and the expensive price of bitcoin continue to stay strong at first quarter of the year 2020, that's is my own view and analysis base on the speculation.

I think Bitcoin's downfall this month has no relation with BAKKT.


Just observe other things, not only in the crypto world because it might have similarities or factors you can consider to make bitcoin fall in the market. The bull run already started but doesn't reach the value it reached last 2017 but 2019 hasn't ended yet so still there's a chance, just wait and see. Black Friday is coming and people will invest more to have a little profit, people/investors/users always do this things.

The bull run is happening in bitcoin, although we are now seeing bitcoin price has got decrease the value. The bull run does not happen to altcoin, and the altcoin still waiting for a good time to increase. We are soon will see the altcoin will get the bull run, especially after bitcoin finish to make a correction, and that will make the altcoin start to rally. The altcoin now is already prepared to increase because some of the altcoins can move to a higher price. I believe that the other coin will follow too.

You are absolutely right. If we take, for example, 2018, which can be called the year of recession and flat, a lot of positive news came out regarding the industry and technology itself, but this did not affect the price.

Bakkt is a wonderful tool that will be used to the maximum at the next rally. Institutionals are not so stupid, they will not immediately pour all the money into speculative currency, they are waiting for the right moment.

Perhaps, investors have either matured or got burnt with their investments and they are much more picky on buying altcoins. Because if we still have the same investors we had in 2017 which is just buying any altcoin that is on the market then we will definitely have the same explosive altseason which occurs on the 3rd quarter of the year and another one by the end of the year.

Ill think no one can tell that yet on when the bull run begone, Actually it will come in no time just like in a past year of 2017 we witness on how some coins in the market will grow to much the price. And for now must better not think about bull run and focus to find some potential coins that we want to buy and hold it for a long time until the price will increase.

not that easy guys. Bitcoin today has a greater trading volume than last year (2016-2017). whales also have estimates of profit and loss. maybe right now bitcoin has a lot of good news. but those whales are also checking all market movements to ensure bull run action. so it doesn't make much loss. but believe me bull run will come in the near future. all the reasons you mentioned are included in their schedule. stay monitored and calm. we will see bulls together when everything is certain.

People are the reason why bull run have not started yet, bull run is not a fixed thing that has a specific time that it comes in, it is usually some certain actions that do lead to bull run, the causes of bull run is that many people are making in deposit which we could call demands of cryptocurrency, most especially bitcoin at the same time, and the more they pour the money into the market, the more that the gauge increases, but for now, there is still no much motivation for people to start investing heavily.

Do you know that you are also a factor for bull run, and if I may ask you too that when last did you make a deposit in bitcoin,? And why have you not made deposit, look at the factor that led to bull run in 2017, have you seen any motivational factor too. All the time that people wanted to respond, that is when you see one wicked whale crashing the market.

That's a clear proof that cryptocurrency markets especially Bitcoins are not based on news and hype. Yes, it is expected to have a good market with this good news but cryptocurrency is really unpredictable. The large increases in volume are good I think more people are slowly adopting cryptocurrency it is slow but we are going there, some experts predicted that it will reach $16k this October, who knows.

Bull run means when we see that bitcoin price is going up if the price is at 12k-16k doesn't mean its a bull run, as long as we see bitcoin price going up fast then for me, that's a bull run. I think 12k-16k is what you wanted for bitcoin price. Well, we all wanted to have a great value for bitcoin, for us to get profited and $12k is already a very good amount for bitcoin.

Technically speaking yes, the term bull run is used to describe the increase of the market price and volume of a crypto or any electronic herd investment. It doesn't matter if it is long run or not, with price increase into doubled can already been considered as bull run. But if we say bull season, then we can expect huge increase in bitcoin's market price as well as other altcoin in the market. Right now, we are in a state of a stable market but as soon as the price increase, we can take into consideration that bakkt, binance, bitmex scenarios are now effective.

On my first experience also in crypto i do not know what bull run it is but as you said it come from a bitcoin to increase a price more than we not see on our life, and thats true if the bitcoin increase the price maybe that is the time of bull run. Just like in the past year bitcoin more than reach of price 12k-16k and that what a huge amount of bitcoin.

Exactly many news talking about bitcoin and altcoin but today bitcoin still down and waiting good respond from Bakkt and waiting how respond with SEC approved bitcoin as legal payment or not, now many people want to adopt bitcoin with lower price and waiting when bitcoin could raise to higher price again.

Bakkt is purely hype and when they launched, it immediately went down and it is expected already. Large Volumes on centralized exchanges can be manipulated easily and volumes can be faked on that exchanges.

Its obvious that it is not. What is the reason?? No good news that can make Bitcoin's price go parabolic again.

This is a market and as every market there are buyers and sellers, you need to know about technical analysis and fundamental analysis and you have to analyze the news to be able to think about what the next price movement will be. for example:

why would people buy bitcoin at this price of $8200? what is the resistance? what is the support? you need to know this to be able to keep up with price movements