Bitcoin Forum

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.

Buying a dipping token is very hard during crypto winter because everyone is afraid. It needs time and unity for all traders to buy without selling their holdings short term for bullrun to happened. We are talking about money here and no one wants to risk buying when there’s uncertainty in the market which is why only few gain huge profit in trading and most of them are those doesn't purchasing Bitcoin when everyone is on panic selling.

Maybe try to learn what's behind bull run to have a better understanding on how it works. Buying on dipping market is harder than selling in loss because that's how human mind work when scared of loses.

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.
The financial market is like that, it is always harsh and making money is not easy, if you want to make money with the financial market you need to be patient and seize the opportunity when the opportunity comes.

Bitcoin takes its own time to meet its bull run, then the bearish market most of the time is caused by some fuds and bad news that affect the market negatively. It takes some time for Bitcoin to regain its strength and rise again, and most times it might go higher than it was before.

The drastic change in price is what shows that it's being traded; if the price remains stagnant, that means there is not much interest in trading bitcoin.
The bitcoin price needs to go up and down; it's only stable coins whose price is meant to remain at a certain level. (Even those so-called stable coins still drop in price by some percentage.)

That is what we meant by volatility when we talk about weighing you risk to profits ratio. Same thing happens when the market wants to bullishly skyrocket in price. Many of these things is based on the law of demand and supply that is why the Bitcoin price is volatility and can move to any direction in seconds. It is advisable for us to be aware of this movement and make proper investment plans or else you might have to patiently wait for the market to bounce back to get the kind of profits you are looking for.

You need to understand that the market needs to balance momentum for it to keep going bullish or bearish. That is why we do see something like.

 Bull Trend
Higher - high
Higher - low

Bear Trend
Lower - high
Lower - Low

https://i.ibb.co/1XqqRZK/general-trend.png
Picture source (https://optimusfutures.com/tradeblog/archives/analyzing-price-action)

This pattern of market movement is necessary for price to keep going bull or bear and momentum of buyers or the sellers need to be balanced for the market to keep moving.
I would like you to go read on MARKET STRUCTURE so you will have a comprehensive knowledge about the cryptocurrency market.

That's the very definition of volatility, we don't know where the price is going to be, and most of the time it will be -/+ in a given day.


Not just bitcoin though, if I'm not mistaken, traditional market like stocks can't go on parabolic rise, sooner or later buyers are going to be exhausted and with that, the market might on a correction.

But wait after the block halving and see how the real bull run is with Bitcoin.

It is because of Psychology of market cycles (https://fifthperson.com/psychology-market-cycles/) need a lot of time to complete. People only feel boring and exit, give up if they have to wait too long and gain nothing. You can see market crash but first time, people panic sell and buy back not a long time later. However if such things repeat many times, they will feel boring if the market won't grow up, then they will exit and stop their game.

It is when the market starts to be bullish.

Everyone know that Bitcoin has volatile movement and due that that reason Bitcoin goes up and down with different time frame and I think due to these movement it increase the interest of people to invest in Bitcoin
Basically any bullish movement in Bitcoin chart need two thing huge investment from whale or any positive news like , announcement of any upgrade in his project or partnership with any trusted big names. So it can't possible to delivery kind of news or investment continuously which make Bitcoin green ever. While the investor will also sell some amount after a period of time to get some profit too. So it's can't possible for Bitcoin to be green for 7month or year

It all boils down to supply and demand plus we can't expect Bitcoin to be as stable just like the fiat currency. Bitcoin has a lot of traders that's why the volatility of its price isn't stable plus it's somehow prone to price manipulation by the big guy on the top since that's their only way of making money from the small fish.

Notice why every after halving the price of Bitcoin will suddenly pump beyond to what you are expecting? If you know how Bitcoin halving works then that's the very reason why the bull run pump too much but after the pumping of course, you can expect a great bearish trend.

Such is the condition of the crypto market that is uncertain. But with bulls and bears, we can benefit. It's okay if the price can last for a few hours or days and after that, it corrects so that people can stay aware of what's going to happen next.

Usually, after bitcoin reaches its peak price, it will experience a correction and often the price will drop drastically immediately without us expecting it. But sometimes the correction will come down slowly and we won't notice it and it won't make people panic and look for excuses.

So you must familiarize yourself with crypto market conditions, which will experience ups and downs faster than usual. And don't be greedy if you already get a profit and take advantage of it immediately before everything changes and you have to wait a few more moments to be able to see the profit coming.

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.


The market doesn't function that way, the simply analogy there is the cost of demand and supply. When the price bull there will be lot of people who wants to quickly take profits since is on "Green" and numbers of people doing that (selling) is much than the people buying, that is the reason bull doesn't stay long as you think. After much selling pressure it will take time for market to recover back, meaning people who sold may now see market is down and will want to invest again, at the point of doing this market will get it's feet back. People who always falls victim are those who invested at pick point.

Bitcoin has a fluctuating nature that makes its price unstable, which is where it will continue to run on its own graph, if you expect Bitcoin to go up continuously in a year this may be difficult except for the factor of higher demand for supply and increasing adoption, maybe this can happen, but being in a fluctuating nature still provides fluctuating and unstable prices.

If you have any slight idea about the market and how it works, it’s just about the fact that it’s increasing in price because of the demand. If there is no demand, it will stabilize or possibly go down if there are more sellers than buyers.

Imagine having a trend or any viral video. How long do you think it stays relevant in the current situation? Not a long time, but it is a psycho, so maybe in the future, it will rise in demand again and increase in price.

The market is always a cycle.

This is a very interesting question, and I have also done a lot of research on it. While there are many factors that can affect the price of Bitcoin I believe that the halving of Bitcoin is one of the main reasons for its increased volatility.
Due to the halving there is a decrease in the supply of Bitcoin, which can increase its price by reducing its availability and increasing demand. In fact during the last halving the price of Bitcoin increased by 19% within 12 months and by 142% within 12 months after that. If someone knows more about this please guide us further."

It is all related to supply in the market because, in the bear market, there are lots of investors sending their BTC to the exchanges and short-term holders are selling with plans to return when the cycle is about to explode again. All these take time.

When there are lots of traders already withdrawing their BTC from exchanges, the supply diminishes while halving also affects the supply from the miner's side.

For every newbies it always takes forever for the crypto market to go into the bull season, but for those that have been around for a longer year they understand how things works in crypto, the best tip I can give someone like you is to wait for Bitcoin halving, erase your mind from bull season right now and put your mind on Bitcoin halving after Bitcoin halving we are already in a bull season.

Where will Bitcoin go if it never retrace its value? There will be no benefit from holding Bitcoin for anyone other than early adopters, but with volatility there will certainly be a redistribution of wealth.

Bitcoin is moving in cyclic form so we cannot predict that bitcoin price can persist higher for seven months. If it takes place then everyone will get profit from it and the price will become down because the demand has a greater impact on price ups and downs of bitcoin. If you are just in the desire to make profit with a price which in constant for seven months then it's means that you don't want to use your knowledge, just want to take profit and then leave behind this investment. So always accept the way of patience and do not rush for the quick success, always remember that success comes after hard time and patience.

Bullish days cannot remain for a very long duration because it needs a lot of capital to maintain that value and to dump it, it's very easy. However, we see long bearish cycles because the bulls kick out every inch of patience from your mind that you become helpless and take out your coins for sale. This is why bearish times are longer, for the bulls to accumulate and then don't give a chance to the weak hands to get on the train again while they pleasantly make enough money on the btc gains.

P.S. this belongs to speculation if I'm correct.

It's a bumpy road. You can not make your journey through this road smoothly. You have to face it too. And small pump like this is not considered as a bull run at any means. These are small pumps, and these reds are all market corrections.
You will know for sure when the bulls are back in the market. So if you want to invest, then do it and watch when they are back. It will take time. Also, bitcoin is a long term investment plan asset. You need to wait if you want to earn a good profit from your investment.

Buying a dipping Bitcoin is as good of a decision sometimes as buying Bitcoin that is on the way up. Timing the market is impossible. Everyone wants to catch the lowest price spot and then sell at the highest spot in order to then rebuy at the next lowest spot. This equates to buy low, sell high, which is dumb. It doesn't work like that even if so called pro traders tell you it does. Yes, it can work for one time or two times, but nobody is able to catch the optimal spots all the time no matter the software that is used and no matter how much experience someone has. It is about choosing the right amount based on a strategy that fits your circumstances. Freely available income, security needs/requirements, risk appetite etc. If you can't sleep well anymore after buying in, you probably invested too much money.

It's like a rubber band that has to snap when it's being stretched too much.

When there's a lot of people buying and the bullish trend continues without a correction, more and more money is in longs and it becomes more profitable to bet against these longs. Many of us are not traders and we don't care about 5% dips and 5% pumps.

For instance, I buy all the way down, below a certain point and I don't try to profit on small corrections because that would require holding coins on exchanges and I don't want to do it. Things like that giant dump on Binance 2 days ago makes me think there's something brewing on that exchange. I feel like CZ is trading against his own clients and it's only a matter of time before it blows up like FTX, so hold your money on your wallets guys and don't try to react to every single correction. The halving is just around the corner.

When the price goes up, it means that the traders who bought earlier are now in profit. They start taking profits and the price goes down. Then if there's no panic selling and the price is stable, traders start accumulating again and this mini-cycle begins anew. But as the price gets higher and higher, more and more trader have larger profits that they decide to take, and new buyers are more and more hesitant. That's when the market reverses and it starts being bearish and some even sell at a loss to prevent a bigger loss.

Lolz, this is actually funny, but all the same, I'm gonna add to what others have said.

Understand that bitcoin is a global currency, maybe if it was a  currency for a Group of persons, it would have been able to maintain a steady bullish sign in its price, until the group of persons decides its time to stop it from going up...

But as a global cryptocurrency, it simply means several hundreds of millions of people are actually buying and selling bitcoin at the same time, when there are more people buying bitcoin, and less people selling, the price of bitcoin become bullish, it's starts to rise up..
But if along the line, people selling bitcoin becomes much more than those buying bitcoin, then the price will turn bearish, this is why you see the price of bitcoin going up at some point, but all of a sudden, it begins to go down - it simply means most people are selling, while just a few buying.

From what I understand in the Bitcoin price movement, there are different factors that affect Bitcoin volatility, and as long as economic news continues to change and there is also some bad news that always arises, the Bitcoin price will continue to fluctuate, and that's why the price cannot just stay at a certain level for 7 months like you said, but it can be just within the range. High demand or a big sell also means a spike in price or a dump. I did a search for you, OP, and I found
Bull Markets - What Are They & How Long Do They Last?. (https://centerpointsecurities.com) I think you can get a bit insight from there.

In my opinion, bitcoin cannot rise in price for a long time due to the presence of traders who go long with leverage. 

The owners of cryptocurrency exchanges and large players cannot allow ordinary traders to make huge profits. 

Therefore, the price of a financial asset like Bitcoin changes unexpectedly - sometimes it can rise, and sometimes it must suddenly fall.  This is a normal situation. 

Trading makes money for a small number of players, it is a zero-sum game in which everyone cannot win.

The market movement is dictated by supply and demand and it is proven that it is easier for the market to crash than to surge since a surge needs a lot of fund and mass adoption in order to happen while a market crash just needs existing holders to sell, overwhelming support.  In short in order for a market of any kind to have a bull run, the market needs to look for people who will put their money into the trading market, create a hype and hoard the existing supply in entering the market which is somehow hard to create, while a simple supply overflow can easily dilute the market.

When we talk about things like this, I actually think that time actually plays an important role for the sustainability of bitcoin because of course even though it is our hope that bitcoin will always go up but when the time is relatively short it will actually create conditions where the decline is very short too because the concept is the same as pump and dump and manipulation.
I think the goal is not there and we know that so it is often said that bitcoin is not as instantaneous as you would expect.

Understanding Bitcoin is essential to comprehend why the question posed is unnecessary. The fluctuation of Bitcoin's value is not dependent on any specific timeline for a bullish or bearish market. Rather, it is always influenced by investor behavior. As investors buy Bitcoin, the price increases, resulting in a bullish trend. Conversely, if there is a significant amount of selling, the price will drop, resulting in a bearish trend. Therefore, there is no specific period of time, whether months or years, that determines Bitcoin's price movements.

The up and down movement in the market is influenced by various factors.
And not only because it is first quarter or third quarter, so yeah, the timeline doesn't matter.
It is the particular demand on each period, how the users are reacting on the market given such factors like news, developments, political events and so on.
This is why we can't determine when will it become bullish or bearish, it depends on the current sentiments of the people.

It's because Bitcoin is volatile and cannot just go into a bull run every year, day, or month. This is what we call a process and that process is a cycle.

It can actually be if that's the range of time that you're thinking. Take a look back in 2020 up to the known bull run of 2021. You see how the process went for it.

The nature of bitcoin is volatile and over time the value of bitcoin will increase.  You may see $68k bitcoin hit but 10 years from now you'll probably see $680k bitcoin.  This does not mean that bitcoin will maintain a continuous uptrend for 7 months or an entire year.  Bitcoin's free market is completely different from something as easily manipulated as stocks.  Lol, generally volatility is forced and price increases will come with the economic cycle or bitcoin cycle.

What goes up must come down. And the same goes for things that go down. We cannot expect a cycle with no counter-cycle. Nobody has a magical power to see the future of how and when Bitcoin will go up or down. The price depends on how many Bitcoin are bought. The rest is speculation. We speculate on when, where, how and how much will be bought. But guessing and hoping are not good metrics for investment. We believe that Bitcoin will keep going up in the long term, due to understanding BTC's potential and its history since 2009.

The whales (people who own a lot of BTC) love to move the market back and forth, hoping to scare some people into selling them their BTC for a cheap price. Don't fall for it. Emotional trading will make you lose everything.

Entire countries are starting to adopt Bitcoin. The bull market is waking up.

Bitcoin price is real basic economic knowledge, supply, and demand. No one can control it, and no government or bank to manipulate prices according to their wishes, so in that case, we can't predict and you can't also make as you wish. And I have a question for you, why do you ask this? and where did you find that time (7 months and 1 year), because of my experience, there is no right time for the bitcoin price become to bull or bear on the exact time.

It's a financial asset that trades in an open market. Like any other asset that trades in a market its price fluctuates up and down. You question could literally apply to any asset in the world. There is no one controlling the price to say bull market now or bear market now. Like every asset market the price moves according to the buys and sells. Market sentiment, both short term and long term direct the price. The price is bullish now because the bear market ended a month ago, but that doesn't mean everyone is buying and nobody is selling. Lots of people are buying at all times and lots of people are selling at all times.

It doesn't take much time for the Bitcoin market to start the bullish trend. What makes it look like the bullish trend is taking much time is that the time is yet to come and what we are seeing now is preparation for the bullish market.

The bullish usually last for a year or more since things have changed in the market lately and it always started a few days or weeks before the Bitcoin block halved

That's how the market behaves, it will not always "UP ONLY" even if you take a look at other markets (non-bitcoin market), there will be always different seasons, bull season, and bear season.
A bull market is not simple, in a bull market, there will be a lot of money will pour into the market during that season.

It highly depends on the economy and people.

If we talk about the economy, it need some time to recover and start growing again. Even right now we still didn't get rid of inflation and, consequentially, interest rates so we need time to do it.

And if we talk bout people/investors, then there is a problem of "fear". Investors treat Bitcoin as an asset (and the risky one) so they are usually waiting for a good moment/signal to invest in it. That's why you can see long periods of stagnation in prices. And it is also important to notice that regular people that want to buy bitcoin also follow trends so they are also waiting for Bitcoin to go up.

Essentially, that's why Bitcoin needs some time to start growing again.

The number of investors that invest trigger the volume to increase and it makes the price become unstable and high on volatility and it makes bitcoin very unique and many people invest on it because of the big possible profit that we can get from buying and holding it. Imagine if bitcoin is always stable on the bull season how we can buy a big amount if it already high?

Do you mean bitcoin is not being manipulated, and stocks are being manipulated more? LOL, we invest in bitcoin and we want it to be good, there's nothing wrong with that. But there is no need to exaggerate and lie so blatantly. Bitcoin is the most manipulative market I know compared to other financial markets. It's a free, unregulated market, so manipulation is inevitable.

For those who purchased Bitcoin during the bear season, the bull season is the time for harvest. Everyone wants to profit from the large market structure known as Bitcoin, but they are not yet prepared to understand how it works or where it is headed. Some investors believe that top whales and companies are controlling and manipulating Bitcoin, yet this is actually a true fact about the market. When these whales and businesses pool their resources, they buy bitcoin, causing it to crash. When they sell, they pump it so hard that their capital is quadrupled.

Because there's a correction and there's no way a market exist that continuously goes up, not to mention that kind of market is not sustainable given that it will not attract new people, it gets more expensive to get in as time goes by, you don't know how many people are grateful that the prices are going down so they can get in at a cheaper price.

Bitcoin never goes up continuously,The previous bear season also lasted about 390 days.This time due to bad news in the market, every time bitcoin tries to go up some bad news brings it back down.Second, Bitcoin will never see you heading to the bull market within days.And it never happened like  last season or the season before that.A few months ago you might have seen Bitcoin at 16k.Now you've seen Bitcoin at $30,000.And maybe Bitcoin will come back to $25k .And this cycle will go up and down in the same way towards the bull market. Secondly, investment in Bitcoin is a patient task. Here in some days you can't get output,Here people have to wait for months and sometimes years. And it is a cycle that is completed in its own time.

Not sure Bitcoin will hit $680k or not in the next 10 years but I'm sure Bitcoin will continue to increase whenever there is a new bullrun season. We can take a look at the price history of Bitcoin, its ATH increases from one bullrun season to another bullrun season. However, it is impossible if Bitcoin always increases the whole time, it should have a drop and a raise trend. The demand never stables, sometimes there are big demands but sometimes there are low demands. No one can control the demand, so it is almost impossible to see Bitcoin increase every time.

In the Bitcoin market, manipulation exists. But it won't give a long-term impact, usually the impact will be temporary.  ;)

Because sometimes market has driven out by fear. Those fuds spread by some certain institutions are use to manipulate the mind of the people to get afraid and that's stopping certain situation for bitcoin to create continuous demand. After big tragic events which affect a lot it really takes time for the market to recover because demands is not quietly surging at that moment.

But you can notice once halving nearly came you can see people to starting up to hold since many are expecting that there's great thing to happen and halving is triggering factor to activate the bullish season on bitcoin and other crypto.

That is the volatility in Bitcoin market price, and the fact that Bitcoin is an unstable asset and it answers to the forces of demand and supply sometimes also news and mainstream speculations also affect Bitcoin price in whatever direction. Bitcoin has also made a lot of traction in the past and even though Bitcoin price slide up and down at frequent levels, it's still a fact that whenever the price of Bitcoin moves in one direction for a while, it will also make opposite corrections.

If you have followed bitcoin price for a while you will already notice that with bitcoin, this is why bitcoin is regarded as the most speculative asset in the market it all depends on how the investors study the market and build good skills that will place them above and less risk position.

Yes, I see it is not much different. The cryptocurrency market, like any other market, is influenced by various factors, both internal and external. These factors include supply and demand, market sentiment, economic and political events, and advances in technology. When there is an increase in demand for Bitcoin, the price tends to rise, and when there is a decrease in demand, the price tends to fall. However, markets are constantly changing, and it is difficult to predict how long a bull market or a bear market will last.

I guess One of the reasons why the market takes time to turn bullish is due to the nature of the Bitcoin supply. The total supply of Bitcoins is limited to 21 million, and new Bitcoins are only created through a process called mining. As the number of Bitcoins mined approaches a limit, supply becomes more scarce, which can increase demand and drive up prices.

However, markets are also subject to sudden changes in sentiment or external events, such as government regulations or technological advances in competing cryptocurrencies. These shifts can cause sudden price swings and make it difficult for the market to maintain a steady bullish trend over a long period of time.

Presently i noticed bitcoin price was around $30k plus but after few days goes down $28k who knows if the price will keep declining maybe to 20k after touching the price of $30k. Anyway I have gotten lots of reasons from various individuals which led me to a conclusion of halving is the main thing that propels the market.

From what I understand, main reason is that there is still not enough liquidity in the Bitcoin ecosystem. This is the same as if you drop a small rock in a bucket of water and dropping the same small rock in the ocean. The ripples waves are way more evident in the bucket than in the ocean.
Same thing as if you take or put considerable amounts of Bitcoin in the network (whales sometimes trying to dump or pump the price) the price can fluctuate up or down.
Now, the idea would be to transfer all the value actually in existence in fiat into Bitcoin, this volatility would disappear by at least 99%. Same as what is happening with fiat right now. The value is huge that even huge transactions won't mean much in terms of volatility.

Maybe because you're expecting the bull run to happen. Yeah it really drops drastically within few hours as it is volatile in price and I believe you already knew that when you were already investing into Bitcoin. When we're talking about bull run, we're talking about long-term changes and not just within few hours, weeks or even that "7 months".

I wouldn't worry too much in the price for now if you're waiting for the bull run.

The cryptocurrency market, including Bitcoin, is highly volatile and is influenced by various factors, such as market sentiment, adoption rate, regulatory changes, global events, and overall economic conditions. These factors can cause rapid price changes and make it difficult to predict the market's direction.

In general, it takes time for the market to become bullish because it requires a significant increase in demand for Bitcoin. The demand can be driven by several factors such as increased adoption, positive news, and institutional investment. However, it's important to note that a bullish market does not mean the price will continuously increase without any pullbacks or corrections. The market often experiences ups and downs, and it's essential to have a long-term investment strategy to navigate through these fluctuations.

People's disposition regarding the market is a good reason why it takes time before a cryptocurrency goes up in value again.

For the most part us, degens as we may be, still would want to wait for a good reason to invest rather than just putting it to fate's hands. As it stands today there's not that many good reasons for bitcoin to rise in value on its own, so you'd see people still having doubts and are still scared to invest. Soon as a reason comes around, like a notable personality buying substantial amounts of bitcoin, or the bitcoin halving that happens every 4 years and wouldn't happen until sometime in 2024, you'd find that more and more people will start investing and that in itself is what would pump the crypto's value. Just simple demand supply shenanigans all over again. The more demand, the higher the value and the lower the supply, and vice versa.

Exactly, we cannot expect a huge increase in the price of Bitcoin while there is a correction happening at the moment. Everyone here in the community who has sufficient knowledge knows about this. So, for now, we just need to give it some time with this correction, and then I guess Bitcoin's price will remain between $30k to $45k till the end of this year and then we will probably see a huge increase again in the price of Bitcoin after the next year's halving.

Sometimes the bull run happens pretty fast, but of course not as fast as the price can fall then. The price is rising when the demand is going up, and there are many psychological barriers for Bitcoin to surpass on that way, the places where many think the price is alright, acceptable and generally reasonable. As for going down, it can happen very rapidly because people think the price is high enough to cash out and start selling the coins, and then others see it and engage in panic selling. But situations differ and the price doesn't normally fall all the way down either. Moreover, sometimes it can go up very significantly in a matter of just a couple of days as well.

Disbelief, panic selling, FUD, there are a lot of factors that cause a stop on the market whenever it tries to rise up in value, and it's demand that makes the price go up of something, whether it's Bitcoin, another cryptocurrency or anything in general if there are a lot of people having money demanding to buy it, the price will eventually go up.

So for Bitcoin to stay bullish, there will need to be constant demand in the market which doesn't happen, people start getting frustrated and sell when they don't see much movement, and the demand only increases when there is a little movement, otherwise, people just wait for the right moment in order to buy.

It was stated that there are lots of factors that can push Bitcoin price and creates a bullish market.  But to be able to outweigh factors that can cause a bearish market, these factors such as positive investors or market sentiment, government regulations that favor adoption, currency fluctuation, inflation rate, etc.. to be in sync to create a positive atmosphere on the Bitcoin market and it takes time to have these factors align to each other that will result to the bull run.

The best fundamental to ensure bitcoin price can reach $600k in 10 years is halving. I think the halving has encourage so many bullish moments since bitcoin was introduced, so I think my confidence and my optimism about the high bitcoin price is built around that. Plus bitcoin also has bullish and bearish cycles which will allow everyone to earn returns as well as loses, but in the long term I think it's safe to assume that the price will be higher than in previous years.

About the OP's question, I think people have explained a lot of factors why bitcoin takes time to go higher, but it's all clear because supply and demand can never be stable. When something triggers more demand, then of course the price will tend to go up, and vice versa.

I'm sure it would be very boring for Bitcoin to go up all the time. If you have understood the halving years correctly you will learn to be patient in the time between the bear and bull markets. Gotta catch the loop. In addition, during the bear period the market may experience a bull time in itself but it cannot prevent these decreases.

It is probably undesirable for the crypto markets to keep the price of Bitcoin stable. Because then how does the crypto market differ from an ordinary fiat money market? I think the reason for the long bear market is the preparation for the bull market. Because the more the price is lowered in the time spent here the more patience people lose and they sell what they have to make the whales rich.

More factors needs to be supportive together, only then the market can be seen bullish. If not we'll be experiencing downturn as well as bearish moves. This can be correction or relative to some sort of market sentiments or anything. For now the market is in good position compared to the previous months. There is some signs of altcoin season to begin and the same might be the reason for the ongoing downturn in the market. However looking at the year's performance the market is at the bullish side.

I now come to understand the tips that I've heard from my parents and grandparents that patience is a virtue. And it's applicable in here while we're waiting for the bull run.

It wouldn't just be always in the bull run and everyone is going to make money from that season. Like many has said about the biggest factor to be the demand.

Whenever we're in a bear market, everyone is fearing to buy so the demand is lesser and from there it's all starting out until we start to see the signs and thanks to halving that's making everyone back but I doubt that many of us here are going out because we're all aware of the cycles.

At start the Bitcoin price was just increasing and drop of price of btc price was not much like today. The main reason behind this was that there no big whale and companies like microstrategy, Tesla and other not entered. No future trading was available at that time. Now everything has been changed and big companies now holding btc. These big names sell out news to increase fear in market so that they buy btc in low price.

Whenever Btc increase some percentage This big whale sell their btc. They don't care about btc price because everybody entered in btc to make profit.

Every market has its peaks and troughs. There is no market that is a straight upward line for a long period of time. One person's entry point is another person's selling target. With every dramatic move creates new motivations to both buy and sell. Overall sentiment changes based on fiat news, economic status, politics, regulations, etc. Without all of this noise, maybe Bitcoin would be valued correctly, volatility would be more predictable and theoretically the entire market would always be in bull sentiment on a macro view. That's just not the way the world is at the moment though.

To answer your question simply, bull markets and bear markets are always a factor in all markets. When the market is in a bull sentiment, the clock ticks until the sentiment changes again to bear. When the market is in a bear sentiment, the clock ticks until the sentiment changes again to bull.

At first? What moment of bitcoin are you talking about? Because as far as I know, bitcoin has been very volatile since the early days when it was traded on exchanges. If I remember correctly, in 2013 and 2014 when the market was still quite new, there were no large companies and organizations like Tesla, or Microstrategy investing in bitcoin, at that time, it was also very volatile. As I see, the volatility of bitcoin is decreasing and shrinking, which is not good for investors like us.

Markets not only Bitcoin have different phases. An accumulation phase, a rally or an expansion phase what so-called bull run. Then creating a high and a reversal, leading to a correction, then going back again to accumulation phase where price is going back and forth consolidating.

Last year you see bitcoin Rally higher, then creating a high at $60K, reversal, down-trending as a correction phase from ber months last year then early this year. At the time being, price is at accumulating phase where it is rangebound, consolidating and as much as like price action is stagnant and not moving significantly at all.

During this time, the best thing to do is to be patient until it's clear. Consolidation means price is at fair price to buy and sell so there's still a probability to go lower or go directly higher.
I would say engage when it's clear and it will be obvious. It is also right that time and seasons have an impact to price. The taking profits and accumulation phase.



The more confluence you have in your analysis, the more you get confident with your plan and how you will engage with the market. So don't rely solely in price consider other aspects such as market sentiment, adoption rate, regulatory changes, global events, and overall economic conditions.

It would take time. But it will be worth it. So plan it very carefully.

If you notice the market is not always bullish or bearish for long periods of time. Also, many investors are constantly monitoring the market, and this can cause sudden buying or selling pressure which can affect the price of Bitcoin due to the speculative nature of the market. so in my opinion the ups and downs of Bitcoin prices are heavily influenced by various factors such as market supply and demand, investor sentiment, and regulatory actions if you trade and can monitor prices at least once every 4 hours.

Bitcoin's value only falls when there is FUD in Bitcoin and other cryptocurrencies or when it comes to regulations. Another thing anyone should know is that the market is always unpredictable because of the volatility it has.

But the value of bitcoin will bounce again in the coming days because others say that bitcoin can bounce to 25k$ but in my opinion, the price of Bitcoin will go up again.

Imagine if the market price would continuously increase, more likely the economy in this industry would collapse, given that there is a limited supply of its token to be mined. Corrections occur in order to balance things out before bull trend and after the uptrend. Every asset has its downfall in terms of market price. It is just that the market value of Bitcoin is more volatile than others. A collapse occured after reaching its ATH. Given that the market prices depend on the demand, there's this thing called accumulation stage which contributes to the market price and demand before another bull run occur. Unfortunate to some but we should embrace this industry's nature.

Usually some of these company's you mentioned are still holding bitcoin for a very long time and doesn't want to sell at any moment or any time soon. I think just as few people have suggest above was the major cause towards the market.

Because there are a lot of whales controlling the price of these cryptocurrencies, also crypto doesn't have a big market cap like stock did that's why it's really easy to drop a few percent in just a few hours. A bull market will come when the sentiment about crypto is in a positive condition when crypto reaches new ATH many people will take profit and many negative sentiments comes from external that's why the bull market won't last long.

Because we're currently in a macro bearish perspective. Funds are at high risk. Investors, whale, and institutional traders are still looking for lower prices hence they are still not engaging the markets. All the pump that you see right now is not a sign of the start of a  bull run but only a correction higher before going truly lower. It's a retracement in a downtrend or also known as the bull trap because in medium term perspective, BTC is still going lower.


Speaking of whales, as I said, those whales are still not engaging the market that is why there is little to no movement yet in price. When they do, You'll witness impulse in price going higher.

In which time perspective do you see Bitcoin struggling to make a bull run, but being very easy to experience price drops? Different time perspectives will certainly show different results. A daily trader and a long-term investor have different views when both are buying Bitcoin as their investment vehicle. This, of course, requires different treatment to produce maximum results.

https://i.postimg.cc/7YMS2nwK/2023-04-23-17-59-02.jpg
The chart above shows the price of BTC since its first listing in the market until today. If we look at it from this time perspective, it can be seen that the price of Bitcoin has never fallen below $14k since November 1, 2020, even reaching a peak of $68k since then. This means that the price of Bitcoin is very easy to rise and fall but not to drop below $14k.

https://i.postimg.cc/GhD26LHV/2023-04-23-18-02-39.jpg
The chart above shows a graph for a one-month time perspective. Perhaps this corresponds to your intention, that Bitcoin took 26 days to rise, but only lasted for 10 days before falling again.

It all depends on the time perspective and when you start investing in Bitcoin.

This is simply because investors are always quick to take profit when they see any little rise in price. Once that happens price goes down again and it looks like a dip. This artificial dip that's caused by the fast sale will panic others who ordinarily would want to wait to quickly join in the panic. This happening repeatedly would cause price to continue to fall instead of maintaining its balance and going south. If only whales or big investors wouldn't want to always cash out at every little rise, bull season would be staying longer than it does.

Volatility is common in a trading platform which we consider as the religion of trading. It is always moving. But neither long bullish nor bearish is fixed. It is not unusual to switch from bullish to bearish and bearish to bullish at any time. This may vary due to various factors such as
international economics, trade, politics etc. But generally we understand that if a market is bearish for a long time then it will turn bullish. A similar picture is seen with Bitcoin. After being bullish in 2021, 2022 was bearish and the market is slowly recovering from this time.

If investors make a profit by driving prices down, who are they selling to? This is the alternation of bullish and bearish sentiment, so that the big players that stimulate the market have time to both buy during a bearish trend and sell during a bullish trend. They purposefully do it, and the rest have only to adapt.

Nobody wants to lose whenever they noticed changes in price, there are some certain market drop that doesn't come with any news but it's due to the change of market that propel them to instantly sell in other to take profits. What most of the whales does is to influence the market while the little investors have no choice to sell off their holdings since they don't know what the futures holds for bitcoin. Anyone who invested in bitcoin is just like doing a 50/50 investment because everyone are all investing with risk either to gain or lose.

I would say not just the bitcoin but all the market need a correction or bear market. If you take a look the chart every single trading investment always had a correction take profit is needed. and there is an accumulation zone and then bull market this circulation keep the market is healthy. and sometimes bear need time if you dont believe me take a look at stock market too

If you see one market or one instrument that always had a bull you need to worry because Fear when people are greed and greed when people are fear

I honestly can't answer what the OP asked. But what is certain is that there is always big news before a rapid rise or fall. which means it's all about sentimentality in the market itself which is easily swayed by various issues. and this should come as no surprise because this sort of thing also happens in the stock market. it's about a fundamental and so on.

However, from my point of view, when talking about why getting an increase must take longer, while the time to decrease always goes quickly. I think this has a bit to do with the whales' accumulation period. they certainly accumulate gradually, slowly and little by little. because of course they always want the price from below. And when the whales finish accumulating. then positive news that originally was covered up by fud news will begin to be opened and surfaced so that small investors will start to be interested in getting in and increases will begin to occur. and when the price has reached the target selling price of the whales, they will sell their bitcoins. so do not be surprised if the decline occurs more quickly. and after the whales have finished selling. after that fud news will resurface which creates panic and small investors sell their btc. and when the price is low then the whales buy or re-accumulate. all of that keeps on repeating. this is just my thought and also i have heard from friends about this.

Bitcoin market price fluctuating is the sweetest part of the business, because many people make money for any given direction as a cryptocurrency traders, which if Bitcoin move in one direction upwards most trader will be liquidated and some will be on the profits side with a bullish candle. In other words for investors, have to buy and hold by removing your mind from market manipulation, for sure Bull run we come up one day.

But of course, we know that everyone enters and exists at different times. That's why it's possible to buy or sell at different times and still make profit. At the recent ATH in 2021 of $68k+, there were those who bought at that level, hoping it would continue to go up while some exited the market at the same time. Those who bought that high are not likely to sell now even though we know price has rallied up against what it used to be in Jan or so that it ranged below $17k. Those who bought around that range then won't have any regrets selling now but certainly not those who bought at ATH. That's how it works.

During 2021 I witness Bitcoin being at its ATH and it lasted for a while for any decision to be made for you to hold or sell. You don't need a year of Bitcoin being stable you need just to make the right decisions always

Agreed with these, you just have to make most of the recent trends so that you can gain some profit. Being adaptive is important so that your actions is based on the movements of the market . No cryptocurrency have a single way of going consistently high value since it is normal for it to make these movements as what we have seen in its entirety in terms of historical movements.

Yes, but if you attribute the end of the bull trend to the fact that investors are selling, and then you say that someone else is buying at another time, then how is it that trends change only because investors sell? Perhaps, after all, the mechanism for balancing supply and demand is more complicated? Why do some investors sell, while others buy at the same time, while at some time there are fewer buyers, and the price goes down, and at other times there are more buyers, and the price goes up? There must be some reason for investors to sell and buy and create bullish and bearish trends, right?

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 market is a collection of buyers and sellers.  A steady increase in price is the difference between the buying and selling volumes over a specified period.  It is not possible to increase the price immediately because there is no sudden inflow of money and it is stable continuously.  There will always be profit taking after that.

The market is going sideways, actually, i have already said something about it recently, you can go through this thread (https://bitcointalk.org/index.php?topic=5449800.0), What I think is the market is in a consolidation state, like cooking state and getting ready to shoot up. Plus you are asking why is it so. Because there are long-term traders and day traders, and when the money comes out of BTC into fiat and vice versa, the price changes along with it, Like market will always go like this until day traders are making trade in and out of BTC, the price will go sideways and BTC will take time to adopt bullishness. The real pump will come when there will be a great increase of demand over supply, and this is happening, as MicroStrategy has acquired more BTC and Whales has adopted 20k BTC recently.

which indicates, the market is cooking, once good news or high demand comes into the market the pump will come because BTC always breaks its resistance and support levels, and set new limits, to break each, sentiments and news plays important roles. And overall market sentiments play us and also played by us.

In this case, the correction looks quite natural, since after such a significant growth we should have received a correction, because the larger the growth, the more significant the correction can be.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

But hope will certainly always be there, despite the turmoil of the world economy that has not yet recovered and affected various sectors.
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.

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.

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.

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.

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.

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.

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.