Bitcoin Forum

A few moments ago, BTC crossed 12k$. Many analysts said, if we cross 12k$ we will be back to the bull market. What do you think? Is it a fake out or we are back to the bull market?

Bitcoin does really good right now as I checked the current market which is up to 12K USD already. This is not really bad and I am having a good vibe that we are heading towards bull run. If so then I think it is better to invest now and possibly earn in the future or in the bull run. I think it is also better to pick altcoins that has not been moving yet for it can move whenever bitcoin wi going to have a bull run. This would be my first time to anticipate seeing bull run for bitcoin since I was not here when bitcoin reach ATH on 2017.

We’ve been in a bull market since April...

If you exclude the COVID drop, we’ve been in a bull market for almost 2 years now.

Bitcoin price had a week strike of gains, so it was expected to surpass $12K. After overcoming numerous of big sell orders positioned around $12K, now it reach $12,200. However, to claim bitcoin get back to bull run, the price should remain above $12K for a few days to make sure it's not a short rally.

I saw the market price of the butcoin today and it's already after the shoulder trading signal this is the time for the bitcoin to take another launch of the rocket and fly to the moon.
OgNasty is right too at the time of March the price of the coin drops and slowly recovered and AFAIK at the time of May or June sometimes thing change and take another pump on the last few weeks the price of the bitcoin is on the 10k and yesterday it flows up into 11.8k and now we experience to 12k if you are trying to put lines on the graph still this is on another bull market or uptrend line.

Just wait when it drops back to $11K levels and see how these analysts will change their tune again hehe.

:o it doesn't feel like almost two years now but if we check the charts, it does look like it.

I just noticed that it was also April last year where the rise to $12K started only to drop back to almost the same level a year later and start over again.

For reference
https://i.ibb.co/yY7BHRC/2-yr.png (https://ibb.co/7RLNszD)
- https://www.coingecko.com/en/coins/bitcoin

Yes, we are definitely back again after breaking that 12k$ wall. I thought it will go deeper than 8K before it can recover again but this it. 12.5k to 13k is the next target and BTC needs to close on this current price or even close to it so that it can maintain the upward momentum. Expect a minor pull back tomorrow or later this day then a next strong upward movement will come again. Its advisable to open position near 12k mark if you want to ride this wave.

It depends on investor mind and all of them don't follow the trend of analysis. They observe a lot other things by themselves. Only bitcoin doing well among the top coins in marketcap. I'm not expecting a bull run now. In my opinion bitcoin is gaining more strong position and if it stays above there we may see a bull run in near future.

If at the end of this week we're still above the $12k level I'd say that we likely back into the good ol' bull market and headed for a move to $16k-$19k initially.
Personally, I'm glad that Bitcoin finally decided to breakout. :)

When BTC dropped to 10.3k last week, I thought bears have completely taken control over the BTC, but now seeing BTC trading at above 12.2k I think bulls are back in the game and, they came back really strong.

we entered the bull market over a year ago when we exited the extremely long accumulation in $3000 range that lasted 5-6 months from end of 2018 to April 2019. the moment $4k resistance was broken, the bear market officially ended and we entered the bull market that has lasted until today and has been growing in both size and speed and will continue on this path for at least another year and a half.
BTW the current price is already 4 times higher than that value and that's just the beginning.

If you were to consider since back then, then like others have said, we're already in a bull run. We reached $11k+ last mid year (I forgot exactly the highest) then the price just played around that till last march, where the covid (probably) caused a huge decrease in price, but even with that considered, it's still a bull run since we made it back to $11k in 5-6 months.

Still, if you were asking if we were to stop playing around at the current price, and Bitcoin would actually move up starting now, then It's still hard to say. It just broke $12k, which isn't really anything new, it broke it once already a few weeks ago, but the price still went back to the $11k range, so it's still hard to say.

I can't go against bitcoin trend ..
I always doing what most people didn't do it , for instance when people says that ethereum bullish and everyone buy them as much as possible i do the other way by start selling piece by piece.
But with bitcoin? I can't go against this , it's happened to me the crazy experience back in early 2017 where the price move from $500 to $1,000 within a couple months and i guess i have to stop thinking more profit and go against people's bull thought to sell them off.

But guess what? The price is unstoppable move up reached peak $20,000 by the end of that year! Shit i should have been holding and become a millionaire by today.
20 times from now on is not impossible, $200k by the end of 2021 , come on!
Give us one more unstoppable run , a dramatic surge to $100k at least. We have seen YFI breaking the record of nearly $40k , we want more than that.

I think we are already in bull market but the pandemic is also one of the reason why we couldn't really feel it that much.
I mean no one has been so excited about it since we are all busy surviving on this pandemic so not everyone has felt it or know that we are already in bull season.
For me the price has been great for a long time now it has been pump and would only drop a little and stay put till it pumps again.

Those are just mere speculations and no one knows exactly when will the "bull market" occur.  But it is a good thing to see that its market value is again climbing its way up. Anyone could say that what we are seeing is already a bull run. But same things has been said last time when there was a continuous increase, also breaking this mark which was believed to be the resistance of its market price. What I am trying to point out is that predictions and speculations do not determine the market behavior. One main reason is the market's nature of volatility, giving no definite patterns on its price.
More likely to happen. People do often like to draw conclusions in an instant due to some changes being observed. Nothing is really wrong with that unless they will be carried away by their expectations to make actions out of the blue.

Total Agree with this guy , and i also im not here when bitcoin reach new ATH on 2017  ;D ;D but i hope at the end of this year bitcoin reach new ATH and invest now in coin like Idena that i wear on my signature is good choice its stable and have good concept in near future :)

What we saw some few moments ago could be seen as a way toward the bullrun but remember this is not certain because Bitcoin can't be determine per say. Clearly from my own perspective, Bitcoin still has some good move before we will be right there on the bullrun. But, what the market is currently going through now is an approach to a bullrun, until we see bitcoin at $13k then we might still quickly fall back to the bears again.

It is worth paying attention to the fact that the market continues to fall, regardless of whether Bitcoin is growing in price or falling. There is no point in talking about bull run now, because the market is confidently moving down. I agree that bitcoin broke through the price of 12k, this does not mean anything, because all the last attempts to do this have returned it to 11k.

You mean a bull run that can go on a parabolic rise? We will have to wait, till we get to at least $12,800, our highest high if I'm not mistaken, and then see how it goes. Currently, we are in the range of $12k-$12.2k so there's still some wiggle room to $12.8k and then let's look if the market can sustained it. Obviously, it will go down if traders to sell and make some profit out of the current upswing. So let's see how everything pan out at least at the end of the week.

Finally, bitcoin price crossed $12k, but that doesn't mean the bull run will come back after this. The bull run needs more time to come to the market, and we still don't know when it will happen. But we should be happy now because the price can back to $12k, even if it's for slowly because I am sure that the price will start the rally sooner or later. We will see a big jump for bitcoin price, but you should prepare for that time by having many bitcoin ready to sell at a high price.

And once again, Bitcoin's dominance was proven to be unstoppable these days. Even if Bitcoin crosses past $12k, other altcoins aren't following suit (but a little bit of Ethereum price spike though). It is a good sign that Bitcoin has crossed like that. But I wouldn't bet on Bitcoin reaching $20k for this year.

Realistically, it might be around $13k to $14k, but I can be wrong. If this bull momentum continues, it would likely spike slowly but surely. Honestly, I don't want the spike to be "too much parabolic", because the price would drop faster too.

The price of $12,000 again for 1 bitcoin is really good to see but there is proof or any evidence that bitcoin if the price reach it the hull run is start. We hope so it will happen because we the one who gets benefits of the bull run.

We are exciting for the coming again of the bullish and almost 3 years when it happened and we want to experienced this again . During that day many traders, investors and holder getting rich by the bitcoin or earning a lot of money.

I'm not really a bullish person but I keep top believe it though. $12k, $13k...we gonna make it possible IF the momentum won't break. We have this a roller coaster-like trend, we got the dump in the past days, and we have the recovery now. We can't surely expect what next but I was then to think this Christmas season brings a better trend.

People can make their own speculations base on what they understand the market trend, feel to make it so.

Starting from March 12, Bitcoin continues its growth phase... So on a global scale Bitcoin did not finish the bull run!
As for the short-term scenario, it seems to me that soon there will be a figure of "double top" in the area of 12500 and there will be a price drop...

actually analyst says if we cross 13k$ mate but were getting closer now,

https://coinmarketcap.com/currencies/bitcoin/

Bitcoin is running up ,and now pricing $12,348 and still going up.

The market is doing good from couple days and there is no any major drop in the price seems also a lot of analyst are predicting BTC price will go up, comparing to all these stuff I think we are heading towards bullrun.

It is Important for the investors to look at what happened over the years and what might happen after now, although there were ups and downs from few months now it is steadily pumping and hopefully we can expect a bullrun.

We still have 2 months left to spend in 2020, let's see at the beginning of the year an early year where bullish will come in full in the next year, I have predicted for a long time about the 4 year history where the price of bitcoin always explodes a year after halving, people only have time in the next 2 months to get on the train

Bitcoin is actually growing rapidly and steadily since the "black swan" event. The number of Bitcoins on exchanges that are moved to cold wallets increases over time, companies invest more publicly in Bitcoin, the price of bitcoin steadily rises despite FUDs from the scandals from CEXs.
Paypal just accepted Bitcoin payments in 2021.
https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021
All of these factors make me feel that the bull market will start from now on.

It's evident we are approaching the bull, and sudden few pump should be expected because you may not have it at ones bull run comes in disguise until it goes. We may still have some amazing pump like twice before the end of the years, but be sure 2021 is the real deal.anticipation for the coming bull is quite much. It will be very good if we can take the best advantage of it.

Back when Bitcoin was still at around 9k this year, it managed to breach past 10k. That should already more than enough to be called a bull run.
Kinda surprised actually that we just suddenly breached past 12k, while I just observed yesterday that it was around 11.5k.
13k soon? Maybe.

Since the last hard fork Bitcoin is predicted to continue to increase, and I see this is the way in the right direction for the end of this year that could pass many predictions,

Looks like yeah we are bullying now.

The price of Bitcoin is near to Hit $12,500 now as i am posting this,and almost all the top ranking currencies are in greening light.

Sorry but when was the last Hard Fork happens?

because we have experience this $12k level many times this year alone.

Are we not in a bull trend for a couple of months? If you are expecting that bull run will touch ATH then I will say no, still we have a long way to walk. The current bull trend is likely a normal behavior of Bitcoin, I am assuming this isn't a fake pump, and new investors buying bitcoin. But I am positive about the current trend, it's because even we are facing a global crisis but who we are on bitcoin are almost happy. But honestly, I will be one of them who are waiting for a bull run for a long time. Had lost much, just waiting to recover.

We have been above $12K this year for some time. While it's pretty difficult to predict any major difference between fakeout and bull market. A few indications such as volume and some indicators might help. But logically speaking I don't think 12K was any kind of psychological mark for BTC this year. Nor it is something that we should be very happy about. It's just normal price movement of BTC. But yes talking about bull market I think BTC is in a sort of bull market situation for a few months after it came back up from 9-10K. The chart hasn't been that steep but bull market is a bull market. I believe we would see another leg up and BTC will hover around 12.5K for a month or so again. For people who are expecting something like 2017 again. Stop watching dreams.  ;D

Crossing 12k$ is not enough yet to trigger the bull season but if bitcoin price will continue to increase and will break the 14k$ then there is a  big chance that it can surely trigger the bull season.

As I am predicting that we will be seeing a new ATH this incoming bull season if we can successfully trigger it especially to bitcoin price. There is a big possibility that we can see a bitcoin price to reach 30k$ and up.

Each and everyone has different enterpretation about the current value of bitcoin. We may be intrigue if this value of bitcoin may be considerable as an open door for a cryptocurrency to enter bull market. But to be honest, value of bitcoin today was remarkable amazing. This value will definitely attract more investors. I'll just hope for the better days of bitcoin to come. May this $12k value of bitcoin wasn't the last high value of said crypto.

Ultimately I'd say we're in a bull market but I would expect some corrections ahead the US election will possibly sour markets as well as the global economy falling which might bring crypto down with it for a brief moment then we will ride!

Bitcoin is moving in the right directions and inching towards bull run but it would be too early to predict anything unless we see a trend of continuous improvement in the value of Bitcoin for atleast 2 to 3 week's time because we need to be sure this time that it's not one more trap. Even last year Bitcoin achieved the value of $13,000 but it was short lived hence i would say bull run can be confirmed once if the value is moving upwards for couple of weeks without any dump.

But the entire community is waiting for bullrun, but on the other hand some major traders will be hesitant to buy btc when the value reaches the peak as they learnt this lesson in 2017.

It's touched almost touched 12,900$. I think PayPal news pushed the price a lot. But i believe if we can hold this price and cross 13k$ BTC will do one more pump. Let's see what happens.

It will push the price up later. Half the world still is hasn't learned of the news yet, Paypal users are going to be buying BTC as its tempting to profit thru this bull market.

The pandemic that cause the crisis in the economy has enabled the economy in the crypto so much stronger than before. It will definitely be the most sought investment soon.

With the current price of Bitcoin rising to $ 12,700, I am optimistic that the bull market has arrived. I also believe Bitcoin's rise is not
a manipulation by whales. My prediction Bitcoin will continue to rise until the end of this year, so my advice is to hold the Bitcoin that
we have. Don't sell at current prices, if you want to take profit, just sell the Bitcoin we have as much as 50%. So we are still holding
some Bitcoin, to anticipate that if the Bitcoin price continues to rise, we can still enjoy profits.

The bitcoin value is possible to reach that  $12k because a lot of investors now are buying the bitcoin.
I believe bull run already started this year when the bitcoin reached $10k we need to push it more so the price will reach again the value of 20k dollars. There is a lot of thinking of when bull market happen but be happy of what already achieve of the bitcoin for this moment.

^ Stock market was already starting down as you see but crypto market or bitcoin price did not have a sign of possible correlation to the current situation of the US, the upcoming US presidential election. I am not surprised because I am expected that this will happen after a short correction last week that was around the $10k range in the market. But still, we have to be careful of this, there is probably a chance that the price will drag down again due to the said reason for the upcoming election.

It seems positive that Bitcoin has returned to the bullish trend, and now Bitcoin is at the price of $ 12,900. It looks like in a few hours
it will hit the price of $ 13,000 and it is also possible that later this year Bitcoin will hit the price of $ 19,000 again. I will hold on to the
Bitcoin that I have, I will only sell Bitcoin which has about 30% of the total Bitcoin that I have if Bitcoin is able to touch the price of $ 13,000.

Surprised to see the price hitting $13k and almost 8% gain in 24 hours as per Coinmarketcap. I'm still not selling half of my stash though, I have my target price before selling 50%.

It's good to see the we are in a bullish sentiments right now, I'm still trying to understand what fuel the sudden rush of investors whether old or new to push this gains in a day. Even some alts are also moving together with bitcoin. Earlier it was just bitcoin, and I suspect that because of the Defi burst, investors are shifting again. But it's not the case as alts are also gaining even more than bitcoin right now.

i think btc growing up from now. i am not expert but anything can happen in next one month. american election coming & thats why price will be effected. it will be dumped. so many confusion are ahead,but i wants to back 2017 bull run.

We broke the 13K and now we go for the 14K. Sounds great is what Bitcoiners have been waiting for a long time.
Bitcoin has disrupted money and will be with us forever no matter what others say.
Guys, enjoy your profits. Bitcoin returned with the price hitting ATH at $ 20,000 as in 2017.

I mean, we've been in the long term bull market since April 1, 2019. So we're a year and a half in. Sure we got a global pandemic panic crash in March of this year that makes the long term chart look funky, but that's just a black swan event in the middle of the early stages of the long term bull market. We're on an temporary upswing for now. At some point it'll probably correct back to $11,000s. But as has been the case since BTC hit $5000 18 months ago, the market cycle trajectory continues upwards. I don't expect things to really get parabolic hot until 2022, but I expect next year we'll start seeing new ATHs and the floor of the market moving up through the teens as the market starts getting closer to that parabolic phase.

Maybe the market is prepared for a bull trend with accordance to the US election scheduled for the falling month. The growth we've been experiencing right now can get carried forward or else can drop based on the election outcome. What we experience right now is just a trend cause and not the pure bull market.

Why we relate the election to the bitcoins price fall? I don't see any strong point on that matters since how it could change the mindset of the people while the e cryptocurrency goes in different path maybe in some scenario it affect but I think it's coincidence only. I'm not gonna buy it for now and Iet see the result if the price would really fall before or after the election.

There is a high probability that under Biden's presidency, the cryptocurrency market will not face obstacles, as it is today because of Trump. Any negative statement by the President of the United States, today, towards cryptocurrencies, entails negative consequences. In addition, according to sources, Biden still finances his election campaign with the help of cryptocurrency, although this fact is not particularly advertised and information on this matter is not disclosed by Biden's team.

This is good news that the bitcoin price broke the 13k level. The adoption in this industry is growing so indeed this is the most users waiting to happen and I believe more surprises to watch in crypto. So, seeing the status right now is giving a bullish market, in my own opinion.

Bitcoin is really doing great despite of the pandemic. And with the integration of crypto in PayPal, we will expect more adoption of crypto usage. If more and more institutions or merchants will start accepting crypto in their payment system, the adoption will indeed increase and so its demand in the market is very imminent. For those who don't believe the capability of bitcoin, maybe this is the time to change your stance towards btc and start educating themselves about the real benefits brought about by crypto. I think other countries which are still banning the usage of crypto will also change their position when it comes to crypto.

Bullrun will depend on you because $10k for me is bullrun already.
Well, I'll be expecting more pumps to come as Defi projects declining where many investors are moving back to Bitcoin. The market volume is started to build up higher and higher and that is keeps the momentum back then.

And those who buy Bitcoin during the drop off to below $11k is never in regrets. But I would like to encourage them to still hold it, it was pretty early to sell coz it possible the price will move a few more bucks in this Christmas season.

It is subjective, because volume may be the determining factor in this case, now the value that institutional money prints may influence it, the whales are beginning to make a lot of purchases, but it may be now or at any time the price rises, the Millionaire wallets still show the same numbers.

https://i.imgur.com/5tPG2tm.png

Source: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

I think it has something to do with this news
Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin  (http://-https://news.bitcoin.com/payments-giant-paypal-says-its-customers-can-now-buy-and-sell-bitcoin/)

SO far this is one of the biggest positive news this year, 26 million merchants is such a huge number it open the community to a lot of potential on the coins they are holding, in the past we have to convert our Crypto to PayPal or use our credit card.

People moving back to bitcoin with the profits made out of DEFI might be a reason for the same. As per my prediction what I see with the growth of bitcoin is quite a common growth in accordance to the market demand. Everytime the year end used to provide with a bigger growth which used to get carried forward towards 2021.

2020 is much expected one for the growth of bitcoin and other cryptocurrencies. For some reason I find the expectation is getting fulfilled.

In my opinion if the election brings nothing for the price of bitcoin and the pump is still happening right now caused by the paypal's effect. There are so many speculators have already started to accumulate bitcoin as their long term investment.
It's quite difficult to be dumped again without any reason.
you will be going back to the 2017's pump again in the future but it will much better as the growth will be sustainable compared with pnd that happened in the crypto last years.

It didn't take that much effect on the market trend but of course, it adds some market uplifts. What I suspected a lot of this massive growth is many investors are moving back into Bitcoin after experiencing a tragic loss in Defi. Because if we look into the past weeks where Defi projects are in hypes, Bitcoin also suffers declines and that it started to rise as Defi projects make a declining scheme.

This could be more interesting to see, the 4th quarter seems to be all good. Even in the past years, we can see that the last quarter of the year leaves a better trend and makes every crypto holders become profitable.

For me the US Election could have a impact on the market, whether positive or negative, but will be just short term though, not that it will affect the price when we enter 2021. Maybe we can see an imminent bull run regardless of the elections for all we know. And the thing is that if FOMO is in, it is very hard to stop.

The US election is being much into focus from all levels of people around the globe. Post election effect on bitcoin happens for sure, but that will have a short term impact as we've got only a month left to end the year. This year there are more chance of FOMO, because the community have experienced a steep increase of new cryptocurrency users. Further the speculation and good news associated with the market only need to move the price forward.

Just like what this Thread tackles

https://bitcointalk.org/index.php?topic=5283809.msg55436834#msg55436834

Bitcoin and Ethereum is making their way Up so we can assume that Bull is coming,and also it seems that History is repeating itself as we are in this
same movement in the year of 2017.

with all this positive that is going on in market,I believe that we must be obedient now because changes may happen from time to time as the
 Correction will surely comes before the final Hit of bull comes.

As we feel it though. But I don't want to think for the 2017 event to happen this time, a very slim chance. I even thinking about $15k is hard to reach how much more for $20k? Yes, I was bullish then and still positive towards the market but I don't want to push myself believing in a thing that seems to hopeless during this pandemic. We probably know the situation we have, many establishments are still keeping a distance on Bitcoin which is one reason why we got this low market recovery.

I mean of course $15k and $20k will happen, those are very low numbers. They were high for the last market cycle, they will just be part of the buildup phase this market cycle, before the main bull run even starts.

I wouldn't expect $20k this Fall, but next year seems almost assured even if all of next year is still just the buildup phase before a parabolic run in 2022. $15k ain't even far away at this point. It's like one good week away. I expect in about a half year $15k will just seem like a "normal" price for Bitcoin the way $8k-$10k has seemed normal this entire year.

Yes we are in a long term bull market, we've been in a bull market for a year and a half now. Just don't expect things to go crazy just yet, still got plenty of time for the market to continue to build before we see the next 2011/2013/2017 type parabolic run, but you shouldn't have any doubt it is coming and I would expect it in 2022, maybe even starting in 2021, as the parabolic runs take longer to play out as the market gets bigger and moves slower - in 2013 there were two and they each lasted like a month or two, 2017 the whole thing lasted about 7.5 months, this time around when BTC blasts away from the $20k region it could take a year before it tops out again.

Bitcoin is above $ 13000, of course this makes our opinions and views in the bull market, but for altcoins I don't think so,
because the dominance of BTC is still at 60%, when compared to 2017 -2018 the dominance of altcoins is below 40%,
altcoin season is still progressing, just hold on if you want to get more ROI from ALT.

no . btc pumps but market isnt . have you done a price check these days ?  but who cares , as long as btc is pumping  all are gonna be fine and theres a profit on this .

update to btc status , so far so good . there are have been tiny decrease but few moments later it recovers and  we are still in the new range . it seems that the analyst were right on thier prediction this time . just few more thousand dollars and we are back on the 2017 ath  , i hope we break a new record this year

The price correction did set the price back as expected although I also think that this is a part of bull trap but it didn't happen yet. So I think this is the start of bullish market but I also want to take the chance to wait and see if my expectation about bull trap is true or not. Either way we are still in a bullish trend and the breaking of $13k resistance just happened recently but it dropped back to $12800 today.

The Paypal news was a surge on volume but a bull market is a regular trend formed over a month with series established of higher lows and higher highs not just once or twice.   I'd describe price action now as drifting upwards which BTC has done before, it can still sell from here is my presumption though theres not much clue for that at present.
   Closest deal to what you describe is the trendl ine for July onwards declining and now exceeded, so a break of negative trend is inversely positive.   This needs to confirm probably both in time and price action forming above previous highs, 11500 was one ceiling for some time.

As always price pullback is expected everytime Btc makes a run. If the Paypal news effect on Btc subsides, price might hover around $12,000. I haven't seen any bulltrap yet since the $8,000 mark. Btc has always been gradually ascending, it stabilizing at some point and then gain more than a thousand dollars after a month or two, then short pull backs happen, and will stabilize on it's new range.
So, chances for bull trap might be slim to none in this current market condition.

But only alts with good foundation. Those which are created for the sole benefit of the devs, will have hard time coping up with the market. Because once their pumpndump period is already over, rising up is not on the horizon anymore. Unless, the team has serious plans on their development and will not abandon the project. You will see which alts are really worth watching for.

Fundamentally yes, I believe if the stimulus from US government can lead bitcoin to pass $15.000, it has happened in the previous stimulus bitcoin price always up drastically like gold. Moreover, we have another information which can push bitcoin higher than now, paypal has annouched that you can use crypto currency for payment system and etc when you use the service.

But technically, I have a little doubt that bitcoin can pass $14.000 because if you look at the weekly time frame and you make a trend line then you will fine a rising wedge pattern. Until now, the price can't break the trend line even a few hours ago bitcoin price was fall again and seem like the daily chart will be closed in red. Alwasy be careful when you trade or even you choosw long term investment, you may need to see the chart daily and make another analyst to see several possibilities that will happen.

Personally, we can conclude that it's already a bull market. I've took a quick look to the charts from the start up to the year up to now. And this what exactly I've seen.
https://i.imgur.com/dx8vxQM.png (https://www.tradingview.com/symbols/BTCUSD/?exchange=COINBASE)
Judging on the pattern, we do really are.

We're already in the bull run once we recovered from the pandemic crash of $3,000, and not it just manifested even more when the price goes to $13K in the last 3 days and I think more will come up to the end of the year, maybe in the range of $14K-$16K is not that far fetch.

And there is the coming election and then the stimulus package that I believed will go to bitcoin more than any other markets like stock. Companies are also into bitcoin, reserving 10% or even more of their assets to it. So there's a lot of positive news, and we all know that during a bull run, a news will really push the price.

Maybe or maybe not, I am just kind of confused state at the moment because paypal news is helping the prices to increase but paypal only allows to hold cryptos in their wallet so people may not be using that platform for buying and holding purpose which can initiate the real bull trend on bitcoin.

We are back in a bull market, the price is very fast rising to $13,000. We see not only bitcoin but also a lot of altcoins are also going up in price, so it isn't a fake out.

After reading this topic you can see that absolutely everyone only says that we have entered the phase of the bull market! ;D
But I want to note that Bitcoin has been growing since March, after the fall! And now we are in the area of one of the key resistance!

The market always follows against the crowd! ;)

Altcoins are the opposite, Bitcoin went up to $ 13000 and altcoins were affected, look at many altcoins that fell,
but it does look recovery, because of the increase in BTC, this is because many people dominate Bitcoin,
look at coinmarketcap you will know the answer, bull market is coming, keep HODL!

Exactly we are on bull market now at the moment .The whole market is going through on bullish except few useless coin .I think market will carry this momentum at the end of the year if there is no tragic moment happen .However i thinks its a real back of the market and i am so happy with that .

I believed the price will settle well above $12K for now which might probably continue above that price till the end of the year the market has been bullish for a long time it will be very difficult for any trader to short now, just wait for any dip or low and buy i.e price dipped to $12K7 after reaching $13K yesterday thus opportunity for buyers to enter the market.

Crossing $13k can't be judged to be bull trend. Following bitcoin is the market movement of other altcoins. For some time period there is more chance of price to move as now. During the previous bull trend price pumping happened with large level jump. This time it has been moving with good stability, and so price will continue to grow rather than falling.

The Paypal news that integrate buying and selling of Cryptocurrency is the one that did it if not for that news we are still struggling to get into the $13000 mark, it was unexpected news but we all knew that they planning to do that but not yet confirmed but now the news broke out that they are confirming integrate we have a reason to celebrate, now we are waiting for the next big news to come.

At the moment I'm not convinced that we are in bull market. It's still too early to conclude if the price will continue to grow, how much and for how long. To my opinion price will continue to fluctuate and we'll have some price range in between 11k and 12k, maybe even until the end of the year.

Yes, we are in the bull market. But now is not the right time to take entry in BTC Or any Coin. I think BTC will come again at 11000-11500. Then it can be pumped again at 14000-15000. BTC 13k+ now. That's why Maximum Alt Are pumped. At the end of the year we can get 40-50%+ Pump from Maximum Coin in thia bull market.

All of your answer has got an end cause the market already crossed the level you mentioned 12k$ and now its on 13K$ above .The trend is keep continuing to the uptrend all the news are positive now as i heard that Paypal will issue their own crypto and now the market are moving fast to the uptrend .we can hope to see btc to reach 15K$ soon .

Maybe they are so excited but I supposed to think the same with them.
As bitcoin price reaches $10k, I already think that we are already in the bullish season. Because I'd never think that it soars like that despite the economic crisis due to the pandemic situation. We got $10k, $11k, and finally, we got $12k plus, and so much hope for the trend will continue and possibly make for a $14k breakthrough. Of course, I'm not in 100$ believing but I couldn't make myself as well to pull-out my trust in it as it happens already in the previous months.

Bitcoin survived quite a bit in a situation that was in crisis, at first it experienced very deep turmoil when the pandemic had started to attack the whole world so that was the basis for the price of bitcoin in a crisis period but we have all risen and slowly bitcoin has passed high levels plus the trend what happens at this time when a lot of people at home a lot of people want to know and they invest there can be a lot of interest starting so that the price is so strong above 10k and now it is 13k I am sure with a difficult situation bitcoin can survive at a price that is high enough.

We cannot confirm about bull market until we don't see any dump for a while and moreover bullrun might not be the same as it was last time because we have experienced too many short-lived bullruns but they turned out to be a major trap set by whales to cashout once the value reached peak and which left many of us losing our principal amount.

Yes, this is not the right moment and then later crib about volatility like people did in 2017, it's better to wait until the market is stable because sudden pump and dump are not good for average users. 

It depends because even some people would say bullish even though it was just a regular rise breaking resistance, but in fact it didn't even keep going up. Any bulls that occur at least provide a breath of fresh air or a positive impact, and that's what happened recently so even though the price has gone up I'm still not sure if it will make the market bullish any time soon, as the market is still not too strong to reach higher.

Right at this moment, we are still in the $13k range in the market. It's a pretty healthy market but I won't consider that we are in a bullish trend. I guess investors right now are waiting for when the bitcoin price will have a correction price so that they will able to invest again after cutting a few profits last week.

There's no one who can determine that we're back into the bull market, but this is the most anticipated event that people waiting for, they know that bitcoin price will increase in the future.

Determining the rise of bitcoin from the very deep price that it has, everyone will say that we're bullish. Just this year, the lowest was $4,900.
And we've been up to $13,000 so that's still not bullish for some people? Maybe those guys are craving for more and wanting to see such a tremendous growth of the price for bitcoin to say that it's bullish. Well, that won't happen overnight or even at the end of the year. I guess even bitcoin goes to $20,000 these people won't say that it's bullish.

Btc just reached $13k after the news that paypal will accept buying and selling cryptocurrency on thier platform and i think the bullrun will start on december till next year.

Hard to tell because we cant be sure if there wont be huge sell off in 14k resistance or even on 15k thats why im not really that longing or bringing my hopes up that high speaking
of the new bull run.

We cant tell until we headed up there but for sure it would be a hell of a bumpy ride.For this year then 14-15k price is somewhat realistic compared to those people who
do always look beyond or over ATH which is impossible to happen in a short time.

We need even more this kind of news about big adoption to head up even way more higher.

The key reason to say otherwise for me is the lack of regular lows and highs that are ascending, that might just be a requirement in form of extremely bullish positive channel but its part of what I want to see before deciding if we are just repeating within ranges.
  We rose when they announced positive news but not sure thats enough to call it.
https://talkimg.com/images/2023/06/12/AcpxG.png

Wavering along the 1hr average at present and we might wait for further momentum to resolve vs resistance levels in this area.

Well that's quite indicator but not necessary to tell about the whole situation since even before there's no big adoption still bitcoins goes pump crazily, but now maybe we can experience positive changes since are close to the past ATH made in history. And if the price cross to $15k maybe by that we can tell that we are in bull season.

The bitcoin market is on a bull for a few months and that is nothing new. I am expecting minor corrections along the way and you cannot predict how the global economic situation will be in the next few months and not every country is free from the pandemic, so anything is possible and if you invested when the market gave the opportunity then having the patience to hold for a year will not hurt.

Yes you're right. We may see some good correction from here. Many experts said btc may move after touching lower low to higher high. https://cointelegraph.com/news/paypal-might-issue-its-own-cryptocurrency-soon-says-coinshares-exec/amp

On the other hand, many good news related to crypto also coming.

What kind of bullrun are you referring to that'll occur and start on December?
Bullrun has already began, the global cryptocurrency market just had more than 16% increase from the last 24 hrs and Btc seems continuing its upward movement, while 50% of the alts are in good figure.
I'm not sure, but some people thinks that "bull market" can be identified if it breaks new ATH.

If you do not believe to the bull market will not happens is your choice , I think now we are in the bullish and only 8k dollars and we will reach again the 20k dollars per 1 bitcoin.

Im not over confident to the bitcoin or to the bull market but I know it happen already right now maybe for others it will not happen because they did not see the ATH but there is no need to wait because of what we see is a proof

Too early to tell but as of now, Bitcoin is hovering around $13k. It reached up to $13k possibly because of PayPal accepting to purchase Bitcoin and other cryptocurrencies. Bitcoin is gradually increasing and I hope this will continue if that happens then we can now perhaps tell that we are in the Bullish trend.
We might not set a new ATH for this one but we will take it slowly. Just keep procuring and holding guys this will all be rewarded soon.

By reading everyone's comment i'm sure that we are already in bull cycle. Don't know why you've disagreed. But i'm agree with you that this is not the last wave. BTC may go for another correction before making ATH and it may start from the lower low to higher high.

Questions like that can't be answered accurately even how good and professional those analysts are.

Their speculation was based on the recent price movement they are seeing. Therefore, their prediction is always a prediction and up to you if you will follow it or not.

And just to remind everyone that we are already in the bull market when the price starts driving upwards to $10,000. It's just it was stopped there, as usual, as building resistance is always tough especially if there's no special thing that can trigger the pump.

We are now in bull market wherein the buyers are in control, how do I say that the market is currently uptrend? It is because the price structure of the bitcoin is currently creating higher lows and higher highs that define the meaning of the trending market. I really thought that the bitcoin will breakdown in the recent long consolidation but I was wrong because the demand got higher where in there is a massive volume that leads to successful breakout last week. If the price holds in above $13,000, expect that the price of the bitcoin can become more expensive.

Long term is I'm already bullish on the market.
Now the short term is kinda sus :D.

Most of the time, when Bitcoin is going up Ethereum is going up too proportional to its increase. It isn't the case right now, Bitcoin went up by almost $2000 already but Ethereum just went up around $20 only or probably higher. If most of the people are saying that some positive things regarding the market, the opposite of it might happen. You might be bullish now because of what is happening but not for me. I'm still waiting for a correction but possible that we are experiencing a higher lows already.

Although it cannot be answered accurately since no one can predict on how the market move but still we can somehow see some guides on what will be the possible outcome in future and since there are something good events that triggered for a huge pump then we can say that we might gonna experience the bull market season.

I am confused with your statement, the bitcoin bull is driving the valuation for a very long time and if you look back this year the price was hovering around $5K to $6K and now it has gained momentum and touched over $13K which means it has doubled its valuation and still you do not think that it is a bullish trend  :D. Any blind person can make money in a market like this, so make use of the opportunity when you can ;).

We might see a correction before the big rally and i can only tell by the way in which the market reacted the last two times after halving, months of struggles breaking the resistance and then having corrections many times and then the market just skyrockets as if there is no resistance at all. This was the experience in the past but i am not expecting similar moves but still a rally is around the corner.

 

Actually the usual trend says that Bitcoins start moving upwards during December so maybe that was what he was saying. I agree that we are already into the Bull run and the price should move only upwards till the end of the year and even a few months into the next year. How much the price is going to rise still remains mystery for all of us but I am certainly confident that the shift will be only upwards.

I do not understand why there is so much talk and bashing around the ATH because that ATH was nothing as compared to what we might see in the coming years and more because the pandemic is now getting slowed down which means there will be even more investors now into BTC.

Bull run is out of the question but the time that it will come, we all know that all time high will happen it's just the time that we need to reach it, something must happen like the adoption of PayPal to the top 4 Cryptocurrency in their platform, I figure that it's enough to break the current all time high, we'll see if it's going to happen when they finally implement it.

Bitcoin definitely gaining momentum right now, after paypal, there's huge step for the bull market. Some experts also already predict that 2021 will be lot more same but slightly different like 2017

The 2021 prediction for another great bull for bitcoin could be possible because this 2020 that got huge financial attack by covid-19 was bringing the price of bitcoin anywhere down. The price has increased the past a month from September and this October has also been positive, maybe we can see the price to keep raising from what we have the price at now.

well I really agree with you because currently paypal is a very large transaction place and is used by many people from all over the world, so when everyone can easily buy bitcoin using paypal it will make bitcoin prices even higher because the supply will run out and it will be more difficult to get bitcoin.

Just hoping that the correction is not too big because at times there is a big drop followed by a correction and that scares me. But then there are so many positive news like Paypal has opened their door for crypto which no matter what one says is a lifetime achievement for bitcoins because one big problem we all faced was to how to buy bitcoins with PP as one can easily dispute transactions which meant it was hard to find a way to buy bitcoins using PP but now that they themselves have allowed this, it's massive!

I just wish and pray that the correction is small and is again taken over by the bull run sooner and right now the movement of bitcoins is giving me positive goosebumps because it is only going up 8).

I’ve seen the expression of market just after when Paypal has opened their door for crypto. Do you have confidence to say it's just correction or this is just hype before the election. I couldn't underestimate some of positive news and impact over the market however I have question as It's more terrible when the cost is going down.

Not at all.
If this is a bull market. I want to go back to bear. Bear was better. At least there were some higher low points to sell a bit. And it was quite easier for margin traders.

https://i.ibb.co/g3qtLS9/Untitled.png

Transaction fees were too high also, though it's really abuse that the fees will also increase due to this price increase but unlike in the usual bill run that happens before other altcoins were able to increase in their price at the same time that the BTC is increasing. It may not still the bull we were waiting for so we must be still be updated and maker a target amount to sell since once price falls it may take time again to increase after these rise.

It has nothing to do with fee abuse. Miners have just dropped off the planet for a little while, but at next difficulty adjustment things will level off again and fees will drop. Then old calls for Segwit and Layer 2 off-chains will grow and see more adoption as a result. This is how things happen in a more natural way, nothing to worry about for BTC:)

Maybe bitcoin is still on the correction stage and just preparing for the bull run that will happen, but no one knows when will the bull run start. My second opinion is bitcoin already started its bull run from 4,000$  making its way to $13k, with that gain i will say btcoin is on a bullrun.

We can look things in that way, I agree with that, we are in some kind of bull run that lasts for months, and to be honest, from $4k to $13k is a nice rise! But this is not over, I think that next year will be even more interesting than this one! This year we had halving, as before real effects on the price comes a year after the halving, which is the next year. We will see with what price we will open the next year, but as long as we are over $10k that will be a good start for whatever is coming next year!

Bitcoin's price experienced made a lot of ups and downs this year, but bitcoin still manage to increase it's price from $4K to $13K this year that it almost hit the $14K range. So I guess we are really experiencing the bull run in the bitcoin market that bitcoin could definitely hit the range of $15K by the end of this year of 2020.

Currently at $13,500, not really far to $14k but can't think that it was just a few days to make it reach. We saw that the market resistance is still strong but couldn't make that surge right away if the market behaving like this. I'm also an optimistic person but I don't want to expect that we got $15k this year. It seems possible but we are likely in a short time and not enough for the market to recover.

The heavy network traffic at mempool is quite moving down, I'm a little bit worried and suspected dumps will come n the few days coming.  

Undoubtedly, today we can only expect an increase in the Bitcoin exchange rate after the March fall in prices this year. I believe that one of the most eloquent facts that support my theory and is proof that even before the end of 2020 we will see $ 14,000 for Bitcoin and a steady rise to $ 20,000. Although it is very difficult to guess whether we will touch 20,000 or not this year, in fact, over the past six months, large players have entered the cryptocurrency market who buy bitcoin in large volumes and withdraw them from cryptocurrency exchanges for long-term retention.