Bitcoin Forum

The CEO of Binance, Changpeng Zhao just tweeted and I quote, he said that;

“CCTV (China Central Television) just broadcasted crypto. It's a big deal. The Chinese speaking communities are buzzing. Historically, coverages like these led to bull runs.

Not saying past predicts the future. And not financial advice.”

Link to Changpeng Zhao’s tweet (https://twitter.com/cz_binance/status/1661391542504902664?s=46&t=wQNNx2igg02WUw4F9Bm8_A)

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Those that have experienced the bull run before, does events like this leads to bull run or signifies that bull run will happen anytime soon?

And those that haven’t bought bitcoin, does this signify that they need to necessitate buying some now before it’ll be too late?

The news about China recently is because of the reduce restrictions on cryptocurrency and this will certainly have an impact on cryptocurrency because The Chinese apart from been the most populous country in the world there number in the crypto space is also high, so with less restrictions more people will come into the space and this will certainly have a positive impact on cryptocurrency but will this trigger a bull run i doubt probably there will be weeks of bitcoin highs before everything settles down a bit.

The bitcoin halving is usually the most import even that triggers long period of bull run and this run is certainly almost a year after the halving itself (my suggestion is based on the past bitcoin trends). So personally I am placing the bull run on this to affect it. Aside that I would say the rest will be just bull trap.

Those that are yet to buy shouldn’t wait till this a news broke out about bull run because nobody is certain of it, it is just speculations and they are sometimes miss leading. The best thing is to buy when you have the funds to do so and apply the DCA method to minimize the risk.

Nah. News such as this does help Bitcoin in a PR-perspective, but it's not near huge alone to actually cause a full-fledged bull market. I remember us having a decent number of positive news deep in the 2020 bear as well, but those news did jack shit besides a temporary small cute pump.

If you ask me, going from $16K to $26K is the bull run...  These runs have a tendency to last multiple years when you zoom out and tune out the noise.  Come next April, the block reward will be slashed in half and demand will likely be higher than it is today.  There won't be US government auctions and the mtgox coins will be distributed.  You're going to want to have a position built by then so I think the way to play it is to dollar cost average into the market for the next two years and then enjoy the rewards that come with that decision.

News come and go, just as bull runs come and go. China has a great population, and they can also have a little to great impact on crypto prices, just as a crypto ban news from them can cause a price decline for a few hours and days.

Since they have reduced their crypto ban, I believe something good can come out of it, but we should not be expecting any pump or bull run in this instance. Anyone who still has money to buy and bag more Bitcoin should be doing it as usual, and don't take this news as a kind of hack to use and borrow money to invest in Bitcoin with the hope that after the pump you can sell and pay back. This will be the greatest mistake anyone can make.

The bullrun is to be expected given the positive news, but I'm sure the impact this time around won't be too big.

So far I haven't bothered to say that it's time to accumulate their bitcoins by any means. They all have a good chance of getting bitcoin at low prices, but I hope they're not too fomo. Should also consider DCA for unexpected market reactions, but buying 80% of the total budget is probably well worth considering.

Oh yeah, I also don't want my opinion to be considered as financial advice, meaning they have to make their own analysis before making a decision.

The market doesn't have the slightest reaction, in fact it's a correction today, which means it won't signify a bullrun in the near future, but at least there's a process where it's sure to rise again and in a real bullrun.

From the past, those that are still above $30,000 are still very good to buy, especially now that the price is falling again, so prepare to buy again at this correction point, don't just look at the news, it will indicate a bull run from another perspective, buying bitcoin is important while it's still low below $30,000 then we are quite consistent before heading to ATH again so buying bitcoins must be done regularly so that the accumulation becomes large.

I know that there are different factors that contribute to the bull market, and perhaps the Bitcoin halving has not yet happened, so I don't see any bull run anywhere near the Bitcoin market. The price may experience some spike, maybe before the end of the year, but I am beginning to believe that the price will just keep roaming around $30k and $25k+. If there will be a bull run, it is possible that it will happen after the halving has taken place next year. Following the price history of the last halving, I know that after the halving, the price did not go down further; it just kept going, gradually. I am not going to be judging based on the last price, but I believe the bull market is not yet here; probably the bull run has already happened (just as OgNasty stated), lifting the price from $16k to $30k and back to $26k. I am not a price expert, but based on the experience I have gathered so far and also on what I perceive about the market, I know that Bitcoin price spikes or bull runs often neglect some human ideas and all speculation; it's a dynamic market where something positive can just lift the price in a short period of time.

The bull run that Zhao refers to is the 2017 bull run, which was triggered by a story on CCTV. The coverage led to a surge in demand for bitcoin and other cryptocurrencies, as well as an increase in trading volume across exchanges. This is what I gathered from the media sources available. However, there are many factors that can influence the market, and it is difficult to predict with certainty whether this event will lead to a bull run or when a bull run may occur. In my opinion , this event will not have as much of an impact on the market as the 2017 bull run. The reason I think this is because there are many more people who own cryptocurrencies and know what they are than in 2017, so any news that comes out about bitcoin will likely be met with skepticism or indifference by some.

Possible. bitcoin weekly chart looks good. the price is over ema 200. halving is close. we just need a bit more volume to speak about the bull.

Although this type of news is good news, it doesn't affect the crypto market as much as it could. After China lifted its cryptocurrency restrictions, it will be a while before we start to notice a difference in the crypto market price of bitcoin.

The CEO of Binance tweeted about the CCTV news to alert everyone that since China has loosened its restrictions on crypto, you and I should get ready for the bull run because it will be a big deal for us by next year since China will be involved this time and the price of bitcoin will be like a bomb (skyrocket very high) when the bull run has started after the halving season. 

A possible bottom can still happen, let’s wait for more confirmation.
My only thought is that, Chinese government are very inconsistent with regards to their crypto policy so this might change again which can result to another panic in the market. We should not be complacent with this and looks for every possibilities, bull or not we should have more Bitcoin before the halving.

I have been experiencing the two bull runs already and quite a similar sentiment that we have these days. It drops after the bull season and started to recover after a year or two. But as I noticed, huge pumps come when halving is near as people anticipate the said situation base on their experience in the past which triggers the market demand to grow as well.

In the current situation, it is likely we see a sort of market recovery moving to a huge increase. We can expect more price rallies at the end of this year until 1st quarter next year.

Not to get disappointed of what may possibly happen to the market, just invest on what you can afford to lose.
Don't trust whatever is coming out from this country as they are indeed inconsistent with their attack on bitcoin.
But if you highly predict that bull run is coming, then, maybe it is really time to stash while the price is still below 30k.
This price level is quite cheap if the bullish season is fast approaching. You may regret if you don't buy some.

It is true that news events or positive developments can provide a flourish or signal the beginning of a good cycle, but that is not enough to trigger a sustainable bull market for money. electronic. People respond well to that, making market sentiment positive and potentially leading to increased adoption of market confidence. But people still need to be close to the ground many times when good news is not necessarily good, so it is necessary to assess whether the market is moving in accordance with their expectations and then make an informed decision about investment choices. how to be reasonable.

So long as every step is higher then the last then its a bull run but we can take a couple months to go up in any noticeable way.   We've been waiting since March to do anything so we are more like sitting then running bulls or not :p

Recent action has been lower (https://talkimg.com/images/2023/06/12/ANj1j.png) then the best BTC price action but its not declined regularly either, hence sitting down a bit resting I suppose is still ok.   Even with this news I wouldnt imagine its near to moving upwards, the chart I guess would give us a clue and it isnt presently.   I will however keep checking if we moving through any boundaries further down.

So just in a basic view, moving and staying above 26.5k would help the positive narrative develop but losing that bottom rung on the ladder about 25.8k would appear bad.   Im not bullish till we leave this area 27.6k broken, kept as a low; at present BTC is in slo mo mode  :-\

You have it backwards, it is the bull run which drives those events and their frequency, right now we are still far away from the halving and from the abrupt growth that we are expecting, so news like those are few and far between, but just wait a little bit and once the bull market is finally a reality events like that will become almost a weekly or a daily occurrence, so while the bull run will not happen any time soon those are signs that is slowly getting closer.

Sitting and resting for a moment while monitoring the price of Bitcoin which indeed corrected quite deeply to touch the price of $ 26k again.
But this is still quite reasonable because if we look at Bitcoin movement data, May and June are months of decline or to make sales.
https://www.talkimg.com/images/2023/05/12/datareturn8e4d7bd4dde1ea56.jpeg

Crypto is still in bearish mode, we must continue to hold it and as much as possible do DCA with spare money if it is available.

The Halving will still happen next year, and maybe 2023 will be the year Bitcoin makes some corrections to reach ATH again before or after the Halving.
There is nothing bad about holding Bitcoin, it will recover as quickly as possible.
If you don't sell it, there will be no loss.

Not sure what to take about this news, but I will take it with a bag of salt really. China is becoming the next Russia as far as making a U-turn about their stance on crypto, (for sure old members know what I'm talking).

Bull run doesn't start with a news like this, it starts after the bitcoin block halving which is still very far, at least a year from now. So I wouldn't put to much emphasize on this news, and as we can obviously see, it didn't have any effect on the current price. On the contrary in the last 24 hours, the price seems to go down to 3% and that is huge.

For several months since this year, after we breached the $20,000 level before, the cryptocurrency market has been consolidating. This indicates that the market is developing and that investors are growing more at ease with risk also of course.
For me, I can say it's already near because as you can see when we are dumping, it's not too much, it's just more on sideways.

No, perhaps the Chinese community is excited because we all know that China has a hard line stance against bitcoin. But if they say that they are open again to bitcoin, then maybe it can bring a needed relieved to the price movement.


As far as my experience goes on a bull run, it's really the block halving that will trigger the bull run. So it means that we are very far from the bull run that we defined, i.e. parabolic rises.

Those who haven't bought bitcoin still has a good chance to get in before the bull run. Price is still very cheap in my opinion.

Ever since China issued a complete ban on cryptocurrencies and we have always propagated that bitcoin and cryptocurrencies do not need China.
So why do we care about news from China now? Are they still the biggest shark in this market? If this has an impact and leads to a bull run, does that mean it is more important than the halving we are expecting? I want to reiterate that bulls usually only appear after the halving.

Why depend on the news to buy bitcoin? Without this news, we wouldn't buy bitcoins? The best time to buy bitcoin during this bear season was last year, and if you missed out, buy as soon as you can, don't wait for positive news to start buying.

I agree with this, and if a bull run were to start now it would be by chance, not because this caused it. Anyway and historically, the year before the halving there is usually a mini bull run followed by a fall, to get into the bull run proper after the halving. Let's hope it happens again.

Based on what investors are experiencing from the crypto market early this year till now, showed that the bullish is very near and it will help both long term investors and short term investors when it hit higher. I believe, what binance CEO said concerning the bullish market will definitely happen before the end of this year 2023, because there are some signs that prove to investors that this year will be more better than last year. I will advise you to buy Bitcoin and hold, because the market price is still low for anyone to visit the market before the bullish season will take over the market any moment from now.

Regarding the last point, yes, those who did not buy Bitcoin should take advantage of the opportunity before it is too late, even those who bought and own dollars, I advise them to strengthen their positions from this point, this point may not be the best, but it is good to buy.

In addition to the positive news coming from China, we are on a close date with the Bitcoin halving, so the bull is very close and everyone should take advantage of the opportunity before they regret it later.

I am not in the loop but exactly what happened with China and Bitcoin. I remember a few years ago they banned mining and the difficulty went down for a couple of months since the farms had to relocate. And I guess they also banned the trading of Bitcoin and other cryptos.

However all these exchanges like Huobi, OKCoin, etc exist. So who was trading on these exchanges exactly? Non Chinese people. Can someone explain because I am confused because it seems China bans it and then Unbans it right after only to ban it again.

Honestly, it shouldn't be big anymore. When they ban stuffs related to crypto, it had became a worry to most but then it became a low key news so does this.

Actually, with or without this news we're truly bound to the bull run and that's because of the upcoming halving next year.

Before someone buys, you shouldn't rely on these news. You should only rely to yourselves when you're ready to buy and not with such indications or signs because at most times, they're not reliable.

Looks like it wasn't the case because since that happened in the 23rd or March, Bitcoin's price went up a bit, and since then, it was a downfall from around $26,800 to now near $26,000. Well it wasn't a huge downwards movement, but it just shows that this news has little to no effect towards the price of Bitcoin.

As for CZ's tweet, maybe he thinks that his tweet has a huge influence towards the price of Bitcoin just like when Elon Musk tweeted something about DOGE a few years ago, but it seems that it wasn't the case at all. Overall, I don't take these kind of news a bullish one especially when it comes from China.

I'd rather believe in cycles than these type of news causing the bull run to happen. I saw bull run twice already, and what I say is that, these types of events or news whatever isn't a sign that the bull run is coming. A good indicator for a bull run is the Bitcoin halving date because in the past 2 bull run, it happened months after the halving happened. It might happen again after the halving in 2024, or it might not we don't know.

Relying solely on news on when to buy or not isn't a good strategy. I'd rather rely more on the charts than on the news, and that's why there are times where we must know how to read charts because we can see on the charts whether it's a good time to buy or not.

Remember that Binance as well goes out of China if I remember it right, so CZ really knows a thing or tow as how the Chinese government works specially with crypto exchanges that's why majority of them leave China for good.

As for the bull-run, we are done with the Chinese as far as their involvement in bitcoin and the rest of crypto when they ban mining and other countries has taken over from them. So you are right, we shouldn't take this news as positive as suddenly they might chance their stance and ban it again.

News like that may indicate a Bitcoin bull run will come soon, but you shouldn't get your hopes up because we also don't know when a bull run will come. In addition, the condition of the crypto market is still not good, where the price of bitcoin is currently still at around $ 26k so it still needs a lot of time to start increasing again.

But if there's more positive news and more mass buying, maybe that could trigger an earlier bull run because, at that point, people will think that a bull run is coming and they don't want to be late to profit big. We just hope the price can increase above $30k-$35k to lead to more price action.

And you should not listen too much too uncertain things so that it won't distract you from your focus on buying Bitcoin. Now is a good time to continue buying Bitcoins, so just use the time now to buy more.

Maybe not big for now since its just a noise but if those chinese communities succeed to convince their government to allow crypto in their country again for sure this event could create huge impact and might it can trigger a bull run. Chinese communities is huge so for sure they can lift up anything on crypto stuff and might their government presence can open up more adoptions since many might think about following those actions. But this is just a dream for now since it looks like Chinese government has strong stand towards crypto and might we can't see them agree to what those chinese community wants.

That's right, and if ever there is a bull run already, we will have all the signs, not just a news from China, it should be the bitcoin halving that will cause this whole market turn into green again, just like in the last bull run of 2017 and 2021.

So still we're in the bear market, China will not caused any bull run, sorry to burst the bubble to the OP. But for sure, majority of us already knows, that, I mean in the beginning China used to be the hub, as they have control of bitcoin mining. But since the government take that away, there impact is less significant now.

Definitely these type of events really affects the price a lot. You need to understand when does the price of the coin increases or decreases. So basically the price of the coin increases when there are more buy orders then sell orders for coin. In short if the demand to acquire the coins increases then the price goes up. Simple example of demand of supply can be seen when the price of the coin goes up. Moreover these type of events, create interest among many people to acquire Bitcoins, and hence price goes up and we see bull run.

Even though the market looks difficult to go up but I'm sure the bull run will happen soon, before the bull run happens of course we have to have good preparation, namely by buying more, we will cry and regret when the bull run happens and we don't buy when the price is cheap, then hope the price is down and want to buy, now the opportunity is there and don't miss it.

We all know that Chinese community is such a big community and whatever is being hyped there, surely people will also invest heavily just as what the crowd says for them. We know the system that's currently working there and whatever the state says, people will have to obey. But even if the majority of the crowd and its communities wanting to say to their government that Bitcoin is great and it shall bring them huge profit, they can't do anything against the likes and policies of their government. They're CCP and whatever they say will be followed by its people and that should be followed and becomes the law, banning or unbanning, favoring or unfavoring Bitcoin.

How soon is soon, according to you? Days? Months? A couple of years?

After it broke below 26500, Im doubtful about the next pump. 20k-22k range is more likely imo. Lets see in the next upcoming weeks.

Of course we support opinions or news like that because it can have a bit of a positive impact, especially for those who are interested in Bitcoin who follow Changpeng Zhao on twitter.
If we remember a little bit of the past, news like that often appears on our social media home wall but the big impact on increasing the price of Bitcoin is not that big of an impact.

Those of us who still have a strong grip and still have an optimistic attitude towards the achievements that will be achieved by Bitcoin do not really care about such news, although we hope that the many opinions and news like the one tweeted by the CEO of Binance can push for the better. or it could push the market price stronger.

Some people might see this as a positive development, as it could lead to increased regulation and oversight of the cryptocurrency industry in China. This could help to protect investors and prevent fraud. Also, it could help to legitimize the cryptocurrency industry in China, which could lead to increased adoption.

The impact of this development will depend on how it is implemented. If the government is able to strike a balance between regulation and innovation, then it could be a positive development for the cryptocurrency industry in China.

But in fact there is no reaction to the price when there is this news, so it is still very difficult to determine when the price will go up and down, even though we have done an analysis of the current movement, it is not too significant that I see.
I guess with buy/sell orders it's become commonplace but I'm always on the news it's always affecting anything and bitcoin has a history where at certain times it's going to be a real bullrun it's stated after the halving and how we'll see of course hoping for a lot more after that event.

The link to the broadcast can't be accessed, maybe it got deleted because it was miscast? lol

Crypto ownership is still legal there^[1] and can only be traded (probably) only between Chinese people on a p2p basis as long as all trading services are prohibited. Not a return to relaxed bitcoin mining rules, the real hope is that China can return to welcoming crypto businesses again. They were once the country with the most fertile crypto industry.


1. https://freemanlaw.com/cryptocurrency/china

Right on point, we are still in the bear season, one can buy or invest in bitcoin today and hodl, we are already close to the bullrun as expected coming next year 2024 after the halving has taken place or when close to it, this event will surely come and not until then, those that have invested and are still holding will enjoy the ride on bullrun, the best digital currency to always go for still remains bitcoin and no other.


Something is telling me also that maybe China want to take advantage of this year bullrun to invest and make more money, seems they are taking the ban on bitcoin with liniency this days or they are just pulling down our legs, we cannot predict what they are upto once it comes to discussions on business.

And yet Bitcoin is banned in China. I don't think the new will have a huge impact because the government of China is still firm on their decision.  Unless China reopen its country to Bitcoin by lifting its ban, any news about Chinese activity on Bitcoin will do nothing.

A country's acceptance especially if it belongs to the top country can bring a huge impact on the market but small news like that will never move the market nor cause a bull run.  Bull run will happen because it is already due and the catalyst for it is about to happen in less than  year.

There was a time when news like these would have an impact on the price but back the the price of BTCitcoin was below $1k but at the current situation news like this will not have an impact. The transaction charges once again jumped up in the past few days and it is highly unlikely we will see a big rally with situations like these.

The price is volatile and you can always enter the market whenever you like and if you are smart enough you will be able to earn a good profit in the long term and the notion of too late is not appropriate as you always have the opportunity to enter but the profit percentage might change with the delay in taking positions.

I guess this is the most important part rather than impactful good news. I believe now is the best time to buy bitcoin if they haven't already by 2022, I mean obviously because right now the bitcoin price is low enough to consider. We are still at -61% of bitcoin price to ATH 2021, so if they are confident enough in the long term return potential, then I guess they should buy it for whatever amount they can afford to lose.

Of course I don't recommend them to 100% invest their budget in bitcoin, but having some spare budget is also necessary. They can buy with a DCA strategy or something, this is meant if the bitcoin price goes down instead of recovering as expected.

All hope is on next year's Halving. But for now Bitcoin is still in bear mode. it's no wonder that bitcoin is still bearish because some FUD keeps showing up to keep bitcoin from going up.
But once some of this FUD is gone then there will be an increase in the price of Bitcoin and a bull market will come soon. Now just need to buy and hold, it's the best choice.

Remember that Binance as well goes out of China if I remember it right, so CZ really knows a thing or tow as how the Chinese government works specially with crypto exchanges that's why majority of them leave China for good. And some people might see this as a positive development, as it could lead to increased regulation and oversight of the cryptocurrency industry in China.  But once some of this FUD is gone then there will be an increase in the price of Bitcoin and a bull market will come soon. Now just need to buy and hold, it's the best thing now.

One time for sure is that the price today can manage close above 100 EMA meaning is like mid-trend for bull at 26K. So it is the bull run near I would say the bear is near to end.

and according to coin glass like what taufik123 said


We might see mini bull run maybe can close above 30K level at July

I really don't mind this information and don't think it's big enough to make a difference to the market at this point. I have not seen a bull run that will happen before the halving, so I don't think this little news will come as a surprise. And you are right, what we should be concerned with is accumulating bitcoins rather than waiting for the price to spike. But it's hard to say if this is the best time to buy bitcoin as anything is possible, but if we are investing long term and heading towards new ATH or $100k. This is the right time to buy bitcoin, and you should implement the DCA strategy, you should not buy bitcoin with 1 order.

I think it will get a move going, we had a good season so far and it has gone up, even though it has gone done from above 30k but it has also gone up from 16k as well, that would be great. I think the best thing to do right now would be awesome in the end and should be considered as a great thing for all of us. There is a good chance we could end up with a big bull run coming up soon, and that is why I do not wonder about it and do not have anything to worry about.

People are going to end up with some fear because it has gone down, but considering the halving is less than a year away, it is going to get closer and closer to a bull run and that should be considering the situation as well as possible when we are getting closer as well.

The bull run is something we are really waiting for because it allows us to get big profits, I have experienced big profits of almost 200% when in April 2021 the price skyrocketed, but if we pay attention to the current market conditions, of course we will find it difficult to see the market can be bull run, maybe after august because people will buy more before the halving in 2024 or another year.

I think the bull run is in its early days, we might even get one last dive down and sweep of the lows. 2024 and 2025 are going to be years of number go up though, I am very confident of that.

People are running out of time to get cheap sats, I’d almost advise smash buying now as the price will be a lot higher in 2024 and 2025. Of course if you plan to HODL uber long term then the price difference of $26,000 and $32,000 for example won’t make much of a difference. You won’t care when it’s $250,000.

Yes, buy and hold, it's the best now.
And whatever the news that will be released later, we must remain patient because the price increase will not come immediately and force the price to increase immediately.
There will be an increase slowly, and we have to remain patient until we see that the price can touch the last ATH.
The bull run will return, but we don't know for sure, so we must be prepared for all the possibilities.
And if the price still hasn't increased, we are still allowed to accumulate before the bull run comes, so we have to use it well.

don't worry, the Bullrun is getting closer, because according to history, the price of Bitcoin is approaching the halving,
already bullish and after the halving, the price reaches new ATH, I believe 2024 is the start of Bullish,
because the price of Bitcoin can also stay above $ 20k, so my conclusion is that Bitcoin still has a very strong demand.

If you're going to invest because you think China-related news is positive, excuse me for telling you, it's not 2017.
China has moved away from being an influential player crypto, and the popularity of cryptocurrencies has increased so that it is greater than Chinese FUD. If anything, it indicates the end of the red wave, because since we hear positive news after a long period of negative news, this means that the worst has happened, but Doesn't mean that the best is yet to come.

So in short, it's the end of the bear market, but not the beginning of the bull market.

Events like that absolutely create a FAKE Bullrun base on historical graph. One thing is tue about bitcoin price is when the global news is negative, it goes down initially then higher. When it's a good global news, it creates a fake run higher then tanks lower.
This is just base on my own observation. Not because it happened in the past it means will happen again in the future. No. Every price movement in the market is unique. One thing is or sure, we're currently at a phase when we're currently creating a consecutive higher highs means intermediate term bullish.

I don't want to remind history, but the bull run will only come and happen after the halving. The bull run will never come just because of small news and nothing worth caring about like this news. In investing, having an optimistic spirit is great, but we need to be realistic, and not expect the impossible. Because it is straightforward to bring your morale down if expectations do not go as expected. I will not believe any news that can cause bitcoin to go up, and we will have a bull run this year, I will still just wait for the halving and only believe that it is the most powerful catalyst to make the bull season.

Well, I'd see that social media still influences the mindset of people. Someone could pretend he'll know everything about crypto and predict a bull run to come and then post on social media. But what I think is that history is a strong basis to tell when is the bull season and sadly, most of us fail to see it rather than just relying on predictions and news on the internet. I know we never know what will happen next and we all just live in prediction but you are right, the bull run comes after halving and that is what we experience in the past bull season and ATH.

Those who are afraid of the downside will buy bitcoin at the top, maybe in the $30k area and that's a pretty high price. but you are right about the big hike so far in 2023, higher than the $16k low a few months ago. People buying in the $16k price area are going to have a lot to gain and they may be holding out for now. The halving was something everyone had been waiting for, but before that happened it seemed the Whales were playing the market, manipulating and such.

Anyone who has the opportunity to buy in the $16k area and hold bitcoin until now will get worth it returns.
Of course I think big investors who have the experience and the courage to take risks have bought lots of bitcoin in the $16k area a few months ago and are saving them for their long term investment plans.

The halving is expected to drive more interest in bitcoin which will slowly make bitcoin more expensive than it is now but I agree some whales still expect prices to drop lower for their investment plans before the halving. I believe the 2024 halving will have a bigger impact on the crypto market so that the bitcoin price growth will be even stronger.

When you look at the infographic above, you will see the breeze of bull run from January this year, while the significant upward trend that started this year hasn't actually continued as expected, but it is a sign that the bear market is very close to an end. The only duty of bitcoin now is to break the $28k resistance and form a formidable support at $30k


The bull run always come in two phases, the first bull will happen during the weeks of the halving which is caused by the halving fundamentals. But then, there will be correction which will make people panic and sell, thinking the bull run is over.
It is after this you will see the main bull run which will likely record a new ATH.

I hope so too, a mini bull run may happen in July after May and June were selling months and experienced a few percent declines.
The last 3 years July has always been a bull run and I also believe July will be the first bull run after the market has been hit by a lot of FUD and more investors are coming in.

Passing the $30k price is an important point for now, hopefully, $30k will be the closest target so that Bitcoin can continue its increase.

Everyone sees it, but they don't want to believe it and hope for a surprise. There's nothing wrong with their optimism about the market, but as I said, that can hurt them more than it brings them joy. Because when we put so much hope into something that we want it to happen, but when it doesn't turn out as expected, we get very frustrated and demoralized. So I always advise people to live with reality, with what is going on, illusions don't give us the power or results we expect.

Only two months left so we can see what will happen and let's hope it does happen. Many of us are still patiently waiting for the mini bull run or even the bull run to happen as we are nearing the end of the bear season phase. Whether it's the end of the year or next year, we can get big profits again.

And I'm still curious whether it's true that July will be a bull run tomorrow or the first altcoin season will come to the market. But whatever it is, we must prepare ourselves first by analyzing every potential coin on the market to buy it at a low price and save it until the bull run comes.

The desire for huge profits is the pinnacle, but whether or not we can afford to buy now, buy, and hold for the long term until the latest ATH is reached.
Because Some traders only make purchases when the Bullish arrives, even though the bearish market is the most awaited because there are many discounts to buy back.

We'll see in July if it matches the history or if there will be changes. The market will not always be the same and history will not always repeat itself.
We must be prepared for all conditions. Doing management will be very good, have a reserve of money, and hold Bitcoin assets and other assets.

Not at all! He have been tricked that 2023 will be the year where Bitcoin will surpass the 60k$ range and it will sky rocket towards 100k and none of this happened and I've told in mutiple posts during this year that Bull Run cannot be 2023 and we might even go back under 20k for a brief moment.

In my books , bull run will start after Bitcoin halv and that should be 2024 in Spring.

Those who are afraid of the downside will end up losing more money than they could make. If anyone is afraid of the situation then it means we are going to see them not do so well, and that should not be a simple mistake, if we are all aware here that it is going to go up, then why would anyone fear the downside? We have seen the downside, this is it, we have gone down as much as we could and then we are starting to march back up again very soon.

Why would anyone think that it will go down a lot more, there is really nothing to worry about for the current state of affairs, it is going to end up being as well as it gets. I do believe that we should be focusing a bit more towards how we could profit with the upcoming tide and ignore those who are still afraid.

Many people speculating about bull run in this forum are always speculating for it  to take place in 2024 and not 2023 as some few people most have claimed it’ll be. If we are going to see a price close to $100K, by now we should have seen some positive uptrend movement in the price of bitcoin before reaching half of the year which is just next month. These are all speculations, they’re not happening as predicted by people.


I foresee the bull run to also start by 2024 and not this year. But the exact time for it to take place is something we are not all sure of.

I don't understand why people consider $30k a critical point. What is the guarantee that when bitcoin crosses $30k, we will exit the bear season or never drop below $30k? I remember in April, there was a time when bitcoin exceeded 30k $, but then it also decreased continuously until now.
So there is no major milestone for bitcoin, it could still fall back even if it hits $50k, $30k is nothing for bitcoin. Moreover, the price drop is a good thing, not as bad as many fear. I like a market like this, or it could decline further is a good thing that would make for a better buy point for bitcoin right now.

Last halvening people expected far more and it didnt occur, in fact we went down just before but a century level storm in the shape of the pandemic is enough reason for that occur.   We cannot say for sure when or what prices, its an answer with too many variables to say only predict within some framework.    If extreme events occur around that time it'll delay the positive effect, I think people count too much on this when block reward already did most of the drop off and so the tightening effect.  The overall cycle of speculation and build is probably greater influence and dollar itself with interest rates is more relevant imo.

The bull market hasn't arrived yet. A massive correction happens befor the bull market transition. For now we see small corrections that drive the price move within specific range. The market that grew from the price range of $16k and reaching around $27k  happened all of the sudden. From there bitcoin wasn't able to move good in position. In particular it tried to move high above $30k, but it couldn't achieve it. Altcoins were also following bitcoin which means the market is self driven and the altcoins season too hadn't started.

Especially lately, people are being impatient about this. They say that the bull run is coming in Bitcoin or that it will come very soon, and they panic themselves. It's not necessary. Make your investment and wait. Bitcoin bull season will surely come one day. No one knows that day for sure, but they make their own interpretations according to the course of the market. I think you should invest and wait without panicking.

We have to be able to buy when the price is still low so we can hope to get big profits when the price increases high and reaches a new ATH. But we have to manage the purchase and don't immediately buy using an all-in because many people still do this. They think the price won't go down but it hasn't.

Traders who buy in bullish times are the ones who get caught in the trap of fast price movements so they think that the price will still increase but the price then declines and is in a downward price position for a while.

At least we can see it from the movement pattern because maybe the pattern is similar to the previous one. We can only hope that before the bull run comes, we have sufficient preparations to get the big profits we want. And we can get big profits too from altcoins and not just bitcoin.

This is a speculation board sir and nothing in here is guaranteed when we talk 30K point is not just me or taufik123 there is a bunch of other people talk 30K is crucial Point if you know basic about Support and resistance or Supply and Demand Zone you might notice that 30K is a major SNR or SND. Here let me explain it to you.



This is a Weekly Timeframe meaning that needs a full week to close a single candlestick. and the white box above is the previous support zone. The price is rejected at 30K level so many times. and broke in May 2022 and become a resistance zone, and most of the speculators would said if we can stay above 30K level or at least sideways on that level the price might look another resistance at 40K level or 50K level.

Although all of this just a speculation and nothing is guaranteed here  :)

Before altcoins seasons happens, we first have to have a Bitcoin season that the price will keep on pumping for several weeks and it will be obvious that we are in a bull market as all positive news about Bitcoin and the crypto market will start coming out.

As you said, what we have been seeing are small corrections and pumps and they're not significant to determined if the bull market has started or the bear season is over. Everything starts after Bitcoin halving in my experience as bull market comes one year after halving is over.

It still surprised me that Bitcoin couldn't stay above $30,000 after trying to cross the price for so long which is finally did. I thought the price will increase or stay above $30,000 but seeing the price at $27,000 means we're not in a bull market yet.

Speculations arise that this year 2023 we gonna see a bull run but as we observe, it is still far from happening and if we look into the market history, it took 3-4 years before the bull season come. I'd say that most of the newcomers today are too impatient because those who have experience in the past bull season had already an idea of when it comes and when the bear season comes as well. That is why we have this 4-year market cycle and we expect that bull season comes after halving which was next year. 

Maybe, I've been reading a lot of developments about Bitcoin speculation and predictions lately from experienced crypto experts, they say 2023 comes only once, opportunity only once, think and do it's a good move for Bitcoin.

From those words, I take one conclusion, this year is not the year of the bull, but now the best Bitcoin buying move, the bull market will happen, either 24,25 or 26, what is certain is that it all depends on ourselves in taking policy, I believe that some speculations are true and some are nonsense, which is definitely a wide open opportunity to do the best for Bitcoin at this time.

Only those who are brave, committed and confident win every time in the crypto world, cowards always lose and are haunted by regret.

The idea behind DCA is that, over time, you accumulate a position in the asset while potentially reducing the impact of market timing. By spreading out your investments over a longer period, you can benefit from both market downturns and upswings.
While historical patterns and events can provide some insights into market behavior, it's important to remember that past performance is not indicative of future results. Bitcoin's price is influenced by various factors, including market sentiment, adoption, regulatory changes, and macroeconomic conditions. Predicting the exact timing and extent of future bull runs or market cycles is challenging.

If you browse thoroughly CZ twitter profile. He is always very bullish since his business is revolving the crypto market. You will feel like it was always a bull run despite the market is crashing because CZ keeps a positive post on every news.

As explained above. CZ tweets is a perma bullish. It doesn't signify anything but one thing is true that crypto currency is always on bullrun if we view the larger picture. The crypto marketcap grown a lot compared when crypto is just new.

You will know that it's already a bull run if all shitcoin is pumping hard without any news supporting it.

Yeah the weak hands, they stay out to spread fud about bitcoin instead of seeking to understand the circle of bitcoin. Regret in investment opportunities when you are suppose to take a bite for yourself will only amount to sabotage and anguish. The opportunity is again close and only the committed and confident will take the chance to increase their portfolio for the ride to another ATH.

We should not be depending on people saying things concerning market regulations, because its known clearly that no body knows the exact time the bullrun can come, what determined the increment in market of cryptocurrency is base on the quantity demands and I believe that market can accelerate today and also go back to decrease zone at any point in time due to the gravity of the demands, so I believe that market of cryptocurrency is basically determined through the supply and demand, when the demands is high it affects increments to be bull, while when the supply is higher it causes bearish market, so nobody can tell when the market is on bullrun.

Why are you surprised that bitcoin can't break through $30k? Because as you said in your experience, the bull market will only appear after the halving occurs. I find it quite contradictory in your statement.
Furthermore, if you believe that the bull season will only begin after the halving, that means you believe in history, believe in the 4-year cycle of the market. Even if bitcoin breaks through $30k and stays above it, that doesn't mean we'll enter a bull season this year.
Why should we stress when bitcoin is still under $30k? I think that is more positive than negative, we will have enough time to buy bitcoin cheaply.

Well I think we are going to be in a 'bull run' soon. We are seeing many crypto experts making this same prediction saying next few months are going to be 'bullish'.

Price of Bitcoin in more than $28,000 and there is good news going on the worlds economies. So now is a good time to invest and put some more sats in your Bitcoin wallets because we are not going to see low prices like last month for a much longer time.

It has a big impact china is not a small country it is very big country with a very big population  imagine if they broadcast cryptocurrency many more people there knows about crypto and start wondering about it and how it works. The impact is not instant i think it needs time, however the positive effect is very near i believe bull market is almost here.

https://twitter.com/BitcoinMagazine/status/1661401213554905090 this is a small video clip of what was broadcasted. They did not say much about cryptocurrency and Bitcoin in particular. They were saying just general things, like Bitcoin can be withdrawn from ATM, there are such things as NFT and etc. They did not say that "crypto if now fully legal, we plan to make it as additional currency or talked about mass adoption". So I would not connect bull run, market growth with that tv broadcast.

Market is still showing weakness till now https://coinmarketcap.com/ according to CMC there are small amount of increase from weeks of falling  .

Not sure if bull run will come late this year or mid next year but one thing is certain that it will come at least before 2025 ends.

tough there are strong belief from this post but does not enough for me listening this soon .
will wait till next year for safe speculation .

the bullrun is getting closer and if we haven't accumulated altcoins then do it,
because if you don't have a favorite altcoin to hold until 2025 then you can regret it,
reportedly the bullrun will be more intense than before.

Better to do your research in terms of holding an alt coin, there are many available options that you can pick after doing your research, while
Bullrun is nearing you need to make that you do are done studying what coin/s to hold.

I see your point about regretting, if you didn't hold any of those available potential assets, both new and old projects that have a good support, the chance
to experienced Bullrun is highly anticipated.

Make sure to DYOR and bring a huge amount of patience after buying your coins.

The torn in between choosing new and old coins is really not that shocking because even myself is really that having that kind of hard situation on where there are really some new projects or coins which it does really

have that actual utility and tech which is something that could go in par with those old ones but they arent getting that sufficient support for now but we cant really be that so sure that they would really be dumped
later on. This is why it is really that all depends on your risks appetite whether you would really be allocating some funds for you to invest or you would be still sticking into those old but still good
projects in the market.

Speaking about bull run then it is really just around the corner and this is why it would be sensible for you to take your positions while its still not late because once the market would really be kicking
in already then you would really be getting left behind and would really be waiting for another cycle for you to place again yourself on the bottom.
This is why as of now that you do still have the chance then it would be just right to take such action.

maybe this is the start of the good news, I also believe that at this time it all depends on the good or bad things being discussed.
it all depends on the news and information circulating.

In my opinion, we are already in a Bull run, because if you look at the movement of Bitcoin's value, it is going to be aggressive again in the market because of its volatility.

That's why as long as it's too early to do dca whether it's bitcoin or another cryptocurrency, it's difficult if we don't even have bitcoins or altcoins saved in our wallets when the bull run comes. But do your own research to find out.

Even if you are not CZ you will likely have a plan to go out of China because your government is going to ban crypto. Good thing CZ decided it, if not then his company won't grow huge like this. Us who are outside China, also know how the government of China works. Yes that's right. They are very strict in almost everything.

We are lucky that we are not born on that country but there might be advantages living there. One of it is that you will become a well-disciplined person. Banning of crypto has never been a positive thing for us but maybe only for those people who are anti it. FUD's does not stay so indeed that a bull run can come soon.

I'm surprised because Bitcoin was doing so well last two months that it should have stayed above $30,000. As we're staying below $30,000 it's just a matter of time before the price falls below $25,000 then $20,000 and the panic begins to happen.

The more we stay below $30,000 the sell orders will keep increasing and since we're in a bear market, there won't be enough counter buy power to keep the price from crashing and taking the price down to a lows that would cause panic in the market.

I never said we were in the bull market, we're in the bear market but still not the worst stages of the bear market therefore we should have be seeing some positive movement in the market. If Bitcoin can stay above $30,000 that'll be great as it'll give hope.

Bitcoin's positive rally from 16k to 30k indicates a significant recovery in the crypto market. The news is also released in a way that can show a bullish market signal. Including outstanding news from China and doing well in the crypto market. However, I see that the price increase is only due to the hype of the news, not stability, because the world economic and financial markets are still very difficult with the raging inflation. If there is no money inflow, the liquidity will be unstable, so the new rally is still just beginning, but it has not really been confirmed whether the bearish trend has been broken or not.

Hmmm I doubt. There might be a small impact bitcoin's price but doesn't mean it's going to pump big time. There has been news like this where cities shows signs of interests which was also broadcasted but didn't do much of an impact to the market. Not unless if China announces that they are going to lift the ban on cryptocurrency. That for sure will create a huge impact in bitcoin, considering the number of people who has been restricted due to the challenging way of storing and buying crypto as a result of the ban China has imposed.
Nevertheless, we're heading to the bull season as we approach the bitcoin halving.

Good movement continues today, 4hr bars resolving above the weekly and today residing above the monthly average.  Its not yet a solid positive move but seems to be staging in an attempt to surmount any resistance remaining at 28.5k which would then confirm we achieved a positive resolution to recent weakness.   DXY has rebounded which can be very bad for alternate assets such as BTC, when DXY is lower then 100 then progress would be alot easier but that is not the case so far so this positive movement anyway counts for more imo.

Based on the news that is spreading around the world, show that something good is about to happen that will make people to start experiencing cash inflow so that they will be part of the bullish market that is about to begin in this new month of June. Now that the price of Bitcoin has increased to $27,654, showed that bullish season is very close and it can happen any moment from this new month to make both long term investors and short term investors happy. I don't think, many investors will miss this opportunity by continue holding in this difficult time because there is a better future ahead of those that will endure for this bearish season and wait for the bullish season to take over.

In the first few months of the year, bitcoin skyrocketed, surprising us all. Instead of getting too excited and expecting more, we should be wary of such sudden and unprovoked price spikes.

As I also said, the longer bitcoin stays below 30k or will be dumped more, that is a positive signal for us, and the more time we have to accumulate bitcoin at a discount high. Like those who bought bitcoin when it dropped to $16k last year, and now they've made almost double the profit, while those who panicked and dumped are probably regretting it.

For me, the worst market is when bitcoin goes up, and we don't have too much bitcoin in our pocket. As for the bear market, it's not as scary or as bad as you say.

Nah, the China news or it's influence on the market is no longer there, this is no longer 2017, wherein every statement by the Chinese government will have a dire consequences to the market.

There are a lot of thing that happen after 2017 that push the influence of China down to a level in the bitcoin market. So that only true bull run will occur next year, just right after the halving and with that, we should be impacted and be sway by any news that we will hear, unless it's bitcoin block halving. But I will commend those who keep on buying and stacking BTC in order to be ready for the eventual bull run in 2024-2025.

There is no sign of the bull run soon, maybe the bull run will occur at the end of the year or early 2024 because it approaches Halving which usually will make an explosion of demand in the market, before that happens we should buy now and the more real profit opportunities when the bull run At the end of the year the time is selling and can party at the end of the year.

But, how soon it is? This is the reason why the @OP created this thread because he don't know when it will come. I know it's hard to claim an exact time or day but maybe just predict if what Month do you think it will come. I wonder if what is that good news in the world economy you're talking about. Is it the reduced interest rates? Or maybe the recession that we feel are now coming to an end?

It's a great news indeed and this might be the reason on why we are seeing a light at the end of the tunnel again because the price of Bitcoin is now starting to move upwards after a long time of being stranded in the $27k zone. Good time to invest must be last time but it's still okay to buy now or onwards if we haven't bought last time for some reasons.

There is always no more accurate certainty regarding this matter and even bitcoin is running a little slowly and always getting repeated corrections for now and it is expected that the bull run will be something to look forward to, but there is always no certainty for this prediction

If we understand bitcoin why do we have to wait for news like this to make a purchase, even though we usually rely on cycles to see bitcoin growth and it is almost certain that the cycle is almost approaching for the next period, so what's the point of deciding to buy bitcoin because of news like this or not? DCA can be adjusted according to the capital we have, so the buying factor is not only seen from the FUD news that appears, because actually we only rely on predictions to see opportunities and to what extent we are able to take advantage of conditions to make profits from any conditions.

There is no need to depend on an event influenced by FUD news to make purchases and if at any time you can collect bitcoins through the DCA method, it's just that you can save money on large purchases when FUD occurs and you can offset DCA purchases as one other regular way.

It is true that the bulls will appear after the halving, but it will not come immediately, it will take some time for that to happen. According to historical data, the bull season will only come 1 year after the halving. So, based solely on the not so prominent news OP provided to expect a bull run is unlikely.

It's all guesswork, and no one can predict the future or be sure when the bull season will come. But if we still believe that bitcoin will increase in price in the future, then we should accumulate and buy as much as possible now. Maybe the best time to buy has passed, but at the current price, it is also a good time to buy if our target is $100k.

On what basis do you say that at the end of this year there will be a bull run and an explosion of demand in the market? Because you also didn't mention the exact halving date so things like bullrun could also shift from what you said. After all, if everyone knew when a bullrun or halving would occur in a timely manner, of course everyone would choose to buy from now on which could also cause a sharp increase in the price of Bitcoin.

But it's still not happening now, and you can see for yourself how the level of demand is in the market for Bitcoin so I don't think there is a need to think about a party for the end of the year if price recovery is still difficult to happen although everyone should remain optimistic against the bullrun and halving on Bitcoin.

We have always seen according to previous history that the bullrun season will come after the halving, maybe I think with these words more people will believe it than say bullrun for this year because there is no sign that prices will soar high as well as the market reaction is still very minimal to move, meaning we are still in a phase that is less rising graphically its movement.

Yes, we can only speculate, no more than that, according to the previous fact that bitcoin will definitely experience another bull run, even though we don't know when it will come, we just need to be optimistic to wait for it.
That's what I always recommend buying early instead of continuing to speculate, with you accumulating means you will continue to add wealth and when the bullrun season comes, so think low prices now to buy more to increase the portfolio going forward.

China and Russia are just for the world to accept bitcoin then you will see the full force these two countries will put in place to use bitcoin. For the are playing low key players but time is coming that these two countries will explose on bitcoin. For now as for me this not a sign of a bull and it is still a sign of a bear market. The market is just moving from 27-28ksu dollars. When the market is about to enter into the bull, it has to break the horizontal line of 28kus dollar. For buys in the market, they should use this opportunity to buy and store coins enough in their store houses. The bull market has not come close. It is still far.

It was expected one to get good news from the China government.When the China had their influence in the cryptocurrency industry,it leads to huge profits for the long term holders.The population of the China was top the world population,So we had a good market manipulation in upcoming days.China had a potential to change the bear to bull market in a short period of time.When the fifty percentage of young people in the China had their investment in cryptocurrency and bitcoin.It will make the bitcoin to reach the long waited price of 100k dollars in a very short period of time.

China may indeed have a positive impact on bitcoin price, but Russia is unlikely to do so. By the way, cryptocurrencies and mining are not banned in Russia, so anyone can use bitcoin, but that somehow does not affect the cryptocurrency market. About bitcoin being worth 27k, at the beginning of the year it was worth 16k. So the market can't be bearish now.

Well, it was believed that China has a huge influence in the global market and could uplift demand. Yet. the situation now is likely changing, people are getting smart and now have to analyze the market. Even we can say that many Chinese people are investing in Bitcoin but haven't thought it was enough to move the price of Bitcoin too fast. Because I know that some of them are impatient as well, they'll drop off their BTC someday. I believe that the price of Bitcoin will rise again but not because of China but because investors are holding together.

Yes, it looks closer and not for this moment, look at today's BTC price of $26,745 although it has dropped a bit now but still reasonable. this may also have something to do with the US debt exceeding $ 31.4 trillion and the tentative agreement to increase the money limit so that the response of BTC in the market will be more positive again. But, we  musht be a smart, careful user, you also have to be vigilant if there is a negative sentiment that comes in so that it has an impact on decreasing prices again on the market. Maybe Price tomorrow be better.

We are not in a bull run yet to be honest, though sometimes others say we are at a bullish stage level. That depends on what is happening now in the market. If there is a lot of news Fud happening in this industry, its cryptocurrency values in the market will be pulled down. It will only really happen that we are in a bull run when the value of Bitcoin is at 40k$ each which is more than I think.

I also think like you, friend, even though if you look at it from the beginning of the year, it seems that there has been an increase, but it looks like this is just a mere surprise, it won't be sustainable.
so far there has been no sign of a bullish market and there is a possibility that a correction will always occur, apart from the fact that there are lots of FUD news that are continuing to occur, but what is clear is that there are no signs that the world economy has improved, because inflation is still occurring in several countries. I think maybe not only will the price be closer to $40K but it will likely be closer to the end of the year and there will be signs towards it.

While I’ve personally enjoyed the doubling in Bitcoin price since the bottom, I am still awaiting the anticipated bull market for this cycle. In my opinion, the real bull market won’t officially kick off until after the correction that will come immediately after the halving next April. I suspect a bottom around next 4th of July will provide an entry point for a year long run that will amaze people.

And after a month after you post it then, we go to $30k++, hit $31k this July. But still a very long way for us for $40k, we need more positive news like the approval of Blackrock ETF. For sure if this happens then it's going to be a huge jump in price, maybe not just $40k, we might seen at least $50k at the end of the year. But the real bull run is still next year, after the halving and then we will slowly goes and reach new all time high in the next 2 years. Funny thing is, we think of it as a long way to go for us. But we all know how time flies, next time, it will be the end of the year. So just continue to accumulate and wait for the eventual bull run next year to get profits.

Bull run is alot slower then people expect or hope for.  BTC moves in fast sprints perhaps of just an hour or so and then it wanders around for weeks or months at a time scaring some out to sell.  Then it can rise again, some will miss the rise because they sold during the wait.
   I think we can pullback to an area closer to the 50 day average which is about 28k today, thats not too far in theory but also its the other side of the line we've been holding over two weeks now.  The Fibonacci line for ATH to the low is nearby and thats the level we sit on today.   I think perhaps we can breach that, certainly for hours, maybe days but will we close a week below that level Im not sure.   It seems certain we have to check for weak holders, make them sell then rise thats somehow natural process of the market its not wanting to make things too easy.

It is obvious that we are not in the bull run yet, the season you are talking about will happen next year, after the Bitcoin halving, that's when we will know what will be truly perfect, but now everyone can only say assumptions one of us here in this industry.

So as long as we still have time to save, let's do it, let's not waste time to make DCA as much as possible, as long as we have the opportunity to take advantage of the opportunity to have holdings.

Yes, instead of always expecting the bull season to come soon, we should take advantage of the bearseason, bitcoin is still cheap to collect as much as possible. In my opinion, the bitcoin price increase will only make sense when we already hold the majority of bitcoin or have enough with our goal. If we don't have bitcoins or too few bitcoins, the price increase will be meaningless for us, so bear season is not over yet, which is more encouraging than sad. I have never had a bad feeling in the last 2 years as we live in bear season, everything is still going very well for me.

It's because of the saying that "The more you expect the longer the thing will come" But if only these people take it easy and won't think of the bull run, maybe it already happened last time. They also say that "If there are winners, there will also be losers" This is the reason why BTC need to act like the one you're telling.

We might feel guilty about it but I think that is better than if you are the ones who will lose or you won't earn anything at all. The price of BTC is still standing strong at $30k therefore I don't think we can get on that $28k you were assuming. At least not today but we don't know maybe we will get there soon if there is a strong negative news that will come.

I think I really agree with what you said that a bull market has not yet been seen and it is too early to predict.
in my opinion, given the current situation there will be another correction, but this correction will provide a jump before the halving era to come.
of course the correction will give enthusiasm to continue buying and holding for the future.

Bull run is coming soon and current year is unpredictable for Bull season because price suddenly go up from 30k$ and suddenly downs back to 28k$ or 29k$ but it is estimated that in 2024 the price will surely goes up. It is also estimated that in 2025 the price of bitcoin will reach to greater value so all those crypto users who don't want to miss this opportunity should buy bitcoin at this lower price.

Bitcoin fluctuates more during current year and no one can predict that when the Bull run will initiate but 2023 is a better year for all bitcoin holders in contrast with 2022. The price now is affordable price so don't be too calm to miss this affordable price because those who miss this chance will regret always when Bull run initiate so try to make an accurate decision.

CEO of Binance  cz is very talented person. He te bull session is very  I think bull market will come within short time. I think Binance CEO tell absolutely correct. I also waiting for bull session. Slowly we are seeing market is positive now. If it will continue then i think bull run is nearest. I think within 1/2 month we will see bull market. If miss within this time my next target is Q1of 2024 Bull session will come. Already we saw some signal of bull market. Because Some days ago bitcoin price was near about $15k and now we are seeing Bitcoin price up and down near about $30k i think within short time bitcoin price will touch $40k then bitcoin price gradually increasing and touch $50k. So i think it is a signal for us about bull market.

We've on the prior highs for our current lows so its a retraction but still feasibly bullish in that movement.  When it breaks those lows it can be speculated to be a wider and weaker then thought situation but at present it could go either way still and its very hard to say otherwise with certainty for this current period of time.
https://talkimg.com/images/2023/07/31/QOr1H.png

Hourly bars over the last day or so are holding a fair low which relates to prior highs.   If I drew a similar line for weekly closing bar at March start it would be fairly similar at about 29k but beyond that we may have to revise the whole quarter progress to check and verify its valid and thats more like 25k area of pricing.  Once that task is done I think we do rise and its fair to plan as much, call that bullish if you like but its not happened just yet.

Bull market will be seen, and to be fair I would consider that time when we moved from 15k to 30k+ levels were a bull run, if people think that wasn't bull I do not know what it was. The price went more than double higher and if you think that's not bull then nothing is bull. So, we may not be at a bull period right now, and I mean literally right exact this second, but we were in bull period not too late ago.

This is why I believe that it is going to work out in the end. We need to make sure that things end up being something that will be benefiting us all without a doubt. I realize that it is not really a good situation to be in, but we could definitely be seeing it change for sure without a doubt, it is just matter of time.

I think bull run doesn't seem to be happening in the near future, even today the market is red again so it touches $28k, of course this makes me not think too short term, the thing that might make a bull run is early 2024 because there will be a halving day.

It's not yet happening in the future because we're already in it. It already passes many resistances with little retracement lower or rejection going higher. It has no difficulty to trade higher. Impulse moves are more dominant to the upside. I am talking here in a technical analysis stance. This is my bias at the time being and I will stick to that until I am proven wrong. We're still halfway of the year, so we might still get more excitement and changes going forward.

Historically, the bull season will come just a year after the halving, so expecting a bull run to come before the halving is hopeless. While the market had some good news like the EFTs or the SEC lawsuits were over… it wasn't enough to trigger a bull season. For me, it takes a lot of factors to make a bull market but the halving is still the biggest factor, so I will only start thinking about the bull season after the halving occurs.
What we should expect this year is a rally or larger corrections for buying opportunities, it depends on each investor's expectations.

Right now this is not a bull run condition, but rather a holding condition where yesterday the Bitcoin price, which had fallen to $28K, could still increase back to $30K even though it only happened briefly because now the Bitcoin price has returned to $29K. This means that the current moment is more about the moment for Bitcoin to hold on to $30K before increasing more in the next year, so I wouldn't call this moment a bullrun either.

Because what is happening in the market now is very different from the bull run conditions that have occurred in Bitcoin before, but it will be difficult for anyone to say for sure whether a bull run can actually occur at the beginning of next year, because this also needs to be driven by other effects that can affect market in the next year.

I agree with you but not with the prediction, in the past bull runs I've witnessed, the bull run always happens during bitcoin halving, but then, this is not to say that times are not changing, in-fact, if there be any thing I've been so worried about in crypto, is the fact that the coming bull run might be the biggest and the last  of its kind we will see or witness, but then, I don't think it will happen in the early next year as you have predicted, it might take up to the third, fourth quota or even the beginning of 2025 for the bull run to start.

But then again, when the bull run will happen isn't so important, what I think is more important right now is, for us all to invest, get prepared adequately so we wont be caught unawares.

I think you are confusing the situation. You know that Bitcoin halving is taking place next year, and during every Bitcoin halving, it's noted that the market usually experiences a bullish movement, so I think the future of a bull market is already near. It might happen next year or in 2025. With the price getting to $28,900 yesterday, I even thought it might go below, but I'm seeing it's still trading around $29k. Every month usually has a different move in the market, and it's not yet time to become so bullish as the market can even dip to $27k this month.

I think the hope for a bull run will occur at the end of the year, the news that the halving day which will occur in early 2024 will certainly be taken seriously by investors so they will buy at the end of the year in the hope of selling after the halving day which usually increases by at least 200%, we'll see if the end of this year can touch $ 50k or not, if the price is still as it is today then the 2024 halving day will be as usual as it is today.

Lately bitcoin's movement has been quite confusing, previously moving towards bullish but he stopped at the wall of $ 32k which made him have to correct this deep again to $ 29k, and it seems that today bitcoin is also declining again, which makes the market turn red , we are currently walking in a sideway lane with high volatility, the possibility is that at the beginning of October we can see a good increase, or a green market that is moving, for August-September I still doubt it.
Halving may be an important indicator here to increase investor interest because it is able to encourage interest in buying bitcoin which causes bitcoin to experience a bullish age, but who knows what bullish level will be suppressed by the halving bitcoin this cycle, whether at the price level of $ 40k or more or more lower than that?...

Today the bearish still hasn't gone away, but we don't know if the end of the year will be bullish or not on bitcoin, or it just happens like now and revolves around $20k+ - $30k+ price level, we can't say for sure today, or talking about an increase maybe it could be more or it could be lower in the current halving cycle, what is certain that we need to do is continue to accumulate bitcoins when the market is still bearish like now.

I understand your point. It's difficult to predict whether the price of BTC will go up or down. There's a possibility that it could surpass 32k and continue rising to 40k or more. However, now, Bitcoin performing kinda weak as it can't maintain a value above the 20ma. In this situation, we might expect a decline to around 28k or even 25k. The next Bitcoin halving is expected to take place in April or May of 2024( however it's based on the number of blocks mined, rather than a time limit). I believe that most significant movements will occur in the third quarter. It will be interesting to observe how everything unfolds.

This wasn't really some kind of significant event to the cryptocurrency community or something like Bitcoin. I mean for sure this is going to affect the cryptocurrency market price at some point but for sure it wasn't going to be a big impact. It wasn't even that trendy I mean yes it appear in some articles but the reality is it didn't have a big effect, I mean not all good article is going to have a big impact it was just great news on cryptocurrency about crypto broadcast. Also, China has a lot of controversy when it comes to cryptocurrency so that could also be a thing.

I could trigger the Bullrun is the Bitcoin Halving event if you just going to look at the bitcoin halving timeline you could already see the effect of it in the market, so just based on the past data we could easily assume that there is going to be a huge movement after that event like in the past Bitcoin halving for sure. I mean its already a good time to buy because when the market is stable like this that is the time when some doesnt have interest, it probably still need around 2 years before Bullrun but I think buying right now is a good investment to position for profit.

It can't be predicted with certainty whether it will be bullish at the end of the year or mid-year it is still unclear whether it will happen in 2024 or 2025, but my prediction is that in 2025 bullishness will come in that year.

Why should investors buy at the end of the year when it's bearish now is a good time?

I feel that when the halving occurs it may not rally that significantly but after the halving waiting between the range of 6-12 months may be the right time to wait for the bullish to come, but all do not know what happens later I think there is no harm in buying now rather than later.

Yes, so far bitcoin has weakened again, the probability that might occur is a decline if you look at the current trend, talking about the anticipated halving or bullish related to the halving, it can happen before the halving and it can also happen after the halving, things like this often happen to us look at bitcoin, but what's certain is that if it happens as you say in Q3 2024, it's better to hold bitcoin until 2025, there is more appropriate with the 4 year bitcoin cycle moment and as we expect there will be formation of new highs price in bitcoin in that year.

We are between bull and bear market so it's very hard to tell in which way Bitcoin will go as summer cycle is still 1 month to go and we might see Bitcoin having another flash drop in price by the end of August.

After August , my assumption is that Bitcoin will slowly transit into a bull market and we should see most of the coins having a slow and steady increase in price but if this won't happen during this year , I'm afraid for 2024 when the halv happens.

Truly the market had not really experience a massive bullish run but I think the OP is trying to link the tweet by Binance owner on the news report by the China Central Television which portrays crypto market positively consequently might trigger a possible bullish run of the market because China is also one of the highest numbers of adopter of crypto and the news will encourage more Chinese to invest massively in crypto market, many Chinese will continue to buy Bitcoin thus the demand for the coin will increase sharply resulting in the upward movement of the price, though there isn't any remarkable bullish runs yet except on the 1st of August when the market pumped briefly unfortunately the bullish run could not be sustained.

As usual, what do you mean? Because investors will only make purchases when they are absolutely sure of an improvement in market conditions next year or at the end of this year. As long as they are still not convinced to buy Bitcoin in large quantities at the end of this year or early next year, it means that there are still improvements that are not to the liking of many investors. So that of course this will not immediately encourage them to buy more Bitcoin at the end of this year so that the price will not immediately increase sharply in the market.

The halving won't happen in early 2024, it is estimated to occur in April, or maybe May, so that is in the second quarter which can't be considered early in my opinion. Also, we shouldn't really be expecting the bull run to occur directly after the halving event, it will probably take some time after the event, so there will be some patience-testing going on after the halving occurs next year. I'm not really in a hurry, I feel it's better if it happens slowly after the halving.

However, the whole industry is currently waiting for these two things, first the halving, and then the long-anticipated bull run which is expected to take Bitcoin beyond the last all-time high which was $69k. A lot of people are expecting it to cross $100k this time, but we are going to wait and see.

As per history, it will be months before we can see a full blown bull run, so if the halving is around March-May, then at least 3rd quarter of 2024, we might see a slow phase and price starting to pick up.

Last quarter will be interesting, we could be seeing $69,000 being broken, so we will see new all time high. But it's not yet the final run, as we will see that throughout 2025, there will be a huge jump and in the end of that year, we might see 6 digits.

I think from current few important news Bull run are almost about to begin because according to Cointelegraph (https://cointelegraph.com/news/bitcoin-miners-btc-price-98k-halving) news publically listed mining companies want btc around 98k by halving time because thier main business model run on mining reward and after halving his reward will be cut down to half so during that time it will be very difficult for them to manage his business in profit, so I think it's a clear cut indication that as the number of days decrease to the halving the price of Bitcoin will raised more and more, so we can expect that Bitcoin will easily cross 40k till the end of the year.
So the point is that whales will push Bitcoin price till the requirement of mining companies obligatory because they have important role in crypto Space and whales can neglect them,
Some thing were happen in 2012 , 2015 , 2021 like Bitcoin make ATH of the year and then bull season begin so now btc also make ATH of the Year to so we can expect bull season too.

No one can say where the price of bitcoin or altcoins will end up tomorrow, a month from now, or a year from now. But globally bitcoin looks more like an uptrend now, because the price at the beginning of the year was half of what it is now. But altcoins have been in a bear market for a long time, because the price of almost all coins is constantly falling.

Indeed. Halving triggers the bullrun season, but I'm not sure when the bullrun season starts. The bullrun season can start before the halving because of its hype. However, based on the history, the highest prices of Bitcoin or altcoins will be 1 year after the halving. If it is about crypto coin ATH, I agree it happens 1 year after the halving. But when the bullrun season starts, I assume it is not impossible to happen before the halving.

Sure, 2023 isn't the time for bullrun season. If we consider the 4 years cycle, 2022-2023 is the bearish season, then 2024-2025 is the time for bullrun season. If someone learns the cycle carefully, he shouldn't expect for the bullrun season this year.

There are many predictions, especially discussions on social media that the bull run will soon occur at the end of the year, and the latest one states that the bull run will start in October or in about 2 months, of course we still have plenty of time and a good opportunity to buy more when the market is red so we can buy cheaply.

Yes, not BullRun season, but 2023 is the end of the bear market and enters Bullrun or Pre-Bullrun season.
August-September is a bearish month every year and this is an opportunity for Bitcoin to fill the volume and go to the moon in the 2024 Halving and even better in 2025.

This is a prediction in conjunction with the past, how the past worked and the cycle continues.
See the image below of the cycle that runs every Halving.

2023 will be the start of it all, we just have to wait and see what happens, and don't forget to buy and hold for the long term.

https://www.talkimg.com/images/2023/08/08/GyFiz.png

Look at the chart taufik123 provided us and if you believe history will repeat itself, there won't be any bull run this year. I also don't see any predictions of an early bull run at the end of the year like you said. Instead, 2023 is still a bearish year and suitable for us to accumulate more bitcoins in our pockets, so instead of expecting a bull run, we should focus on collecting bitcoins. Because even if the unexpected bull season comes at the end of the year, we won't get any benefit if we don't have bitcoins.

It seems that there are no encouraging signs to achieve the target because international market sentiment still shows no signs of improvement. You are right that at this time everything is like a race to analyze and determine that the time for the bull run is about to start, but the results are quite the opposite. Right now it tends to be stagnant, and when it increases, it won't take long to come back down, but I think maybe by the end of the year there will be a change to look forward to.I agree with you that at a time like this, it is the right time to keep buying.

I think a bull run can occur if the price has reached $ 40k, now the big thing that must be passed by bitcoin is to be able to pass $ 30k, there was a price of $ 31k but not more than a day down again due to profit taking from investors.

You are probably right that bitcoin needs to break resistance and make it a support to start a new trend in the cryptocurrency market. But globally now many coins are at the bottom for a long time. It will not last long and a bull run is bound to happen.

Looks like its getting closer. I get that some people may not end up seeing it work at the time but that doesn't mean that we are going to not have it soon enough. I think its quite important to realize that we are at a stage where its going to be quite possible for the price to make as much profit as it possibly could. I think its going to be a great situation and we are going to end up with a great profit in the end. I get it, its not easy to be optimistic about bitcoin price after 1.5+ years of bear market and this is why everyone is trying to be more decent about it. But that doesn't mean that its going to fail, I think its going to be as good as it gets without a trouble from here on out.

But what if in the end the price of bitcoin is not what many people think it is? I mean the price will not touch ATH after 2024 halving.
Anything can happen to an asset that has a high fluctuation rate like bitcoin, but bitcoin has also been chosen by most people just to make a profit and get out. Of course this will affect the value, but that's how the market works.

I also think that it is good to be optimistic about higher prices for bitcoin. Bitcoin has proven that it is an asset that performs well even during inflation, but we can never guarantee that this will happen in the future. Only hope and patience and strategy adjustments can help us get a return, but we are indeed on the way to another bull run.

At the current state of the bitcoin market it will surely run into the bull market very soon. We have already seen many predictions on social media that the Bitcoin market will once again reach all-time highs in 2024. Bitcoin price will be in a good position when the bull market starts from the current position. We have seen that every 4 years Bitcoin halves and during that time cryptocurrency markets tend to rise. A few months ago the Bitcoin price was in a good position but now we are back to a position that is very close to a bull market. And according to the predictions of the wise men that we have seen, we can certainly indicate that the Bitcoin market will once again develop and go to a higher level.

That kind of strong momentum may lead investors to show good support and start to throw money inside this market, it's not easy
though, as we players are just riding and trying to make more money.

But yes, if that new resistance will come up and support will continue to hold, we might see a good rally and may spark the momentum to
bring that strong bull.

All depends on how support will push and make that run to happen.

Still take months for us to see the bitcoin bull run, we have to wait for it's final catalyst of halving before we can say that we are going to be in bullish state and it might run for another year or two and then we will see a new all time high.

So for us it looks like it is very far, and yet we all know that in crypto, how time flies. Next month we will be in the last quarter of the year, and after that end of 2023. We just need to be more patience though and wait till next year and then March we will have our block halving, give or take a few more days.

I think so. It looks like we are not going to have much joy in the next few months, and this almost flat price development will continue for a while longer. In the remaining 8 months or so until halving I expect the price to rise but not significantly. Only after the next halving I expect the good things to start, what we are all waiting for.

If we look at it from the time structure, it is still quite far to count until the bullrun arrives, the halving catalyst which is an indicator of price movement is also still quite far away and I think if we wait for it day by day it will be very long and tiring, letting it run as it should, it will make time go faster.
The bitcoin halving is currently 258 days (https://halvingdates.com/crypto.php?sym=btc&name=Bitcoin) away, of course that is a very long time.
After next month is the final quarter of the year, so let's hope that time flies fast and we enter the space in 2024.


Yeah maybe we won't be happy on the way forward, some time I came across information that Huobi has a problem, what I'm afraid is they become like FTX that crashes the market, hopefully that doesn't happen to Huobi and bitcoin can continue price development without any such pressure.

I know about the news of Huobi being rumored to be going bankrupt but this has been denied by them as nothing will happen although we are concerned that this will hurt the market which is on the road to recovery.
I believe Huobi will definitely survive despite the bad news, I have to shift this view to bitcoin which is more towards halving in 2024, have to wait a little while making regular purchases.
Remember negative news will never disappear it will always be there so take advantage while this is a positive for you to have more bitcoin.

The price drop that had occurred from $31K to $29K in Bitcoin is perfectly normal if it was caused by investors taking profits. But I don't think that this is the work of Bitcoin investors, because most investors usually don't like to take small profits in the near future or a short time after investing. So this is more directed at the actions of traders who always really like to take profits quickly in a short time so they choose to sell before buying back at a cheaper price.

Resistance does need to be broken by Bitcoin, but it will also be very difficult to happen if buyers are still considering buying at a lower price. Because if there are no buyers for gradually higher prices, maybe price resistance at current levels will still last until the end of this year. Although I also estimate that the range of $ 40K can indeed be reached this year.

Yes, I'm seeing that we could be stuck in the next few months again, sideways patterns that we used to at the start of April and has been going for about 2 weeks. So for some it's a bad sign because in a sideways pattern, no one is profiting and it was like going on a flat line.

Nevertheless, still a time of accumulation because the price is still cheap and it's a great opportunity. We could be using DCA strategy to do that and then wait till the halving next year as this is the official start of the bullish trend.

I think there is still an opportunity to buy Bitcoin as we expect a bull run towards the end of the year.  Since China has lifted restrictions on cryptocurrencies, the market may be more likely to turn bullish. A bull run tends to occur towards the end of the year.  I think we haven't reached the bull market yet so it's a good chance we can buy cheap.  As Bitcoin has moved from 15k to 30k+ levels we can assume a bull run season is coming.Even if the market does not reach a bull run, good profit can be made from the change in price observed at the end of the year.

The lifting of cryptocurrency restrictions in China can indeed be an influence for bullruns, but I don't really care about news about things related to China because in the past there were also lots of news about China regarding cryptocurrency. But everything went beyond the predictions of many people because other countries can also have influence on the bullrun on the market, so for now I no longer see China as a specific reference for bullruns.

In terms of opportunity and opportunity, yes, it's still pretty good to buy Bitcoin under $30K because the bullrun forecast might not be around for a long time although I also don't think that it will happen in the near future so I would also recommend continuing to buy without thinking that is because one day it will indeed come when the time comes.

We're getting closer to the date which bitcoin reward is going to halve into two so we're closer to the bull market than we're closer to the bear market. With the stage the market is currently at, you won't lose when you invest in Bitcoin. If the price was to dip it'll come back up.

Right now is when we should be accumulating Bitcoin because the price might increase rapidly just as it did the last time and caught many people off guard. The price of Bitcoin is waiting for a positive news to move the market because it has been stable for a very long time.

Bull market might start from the ending of the year or by early months of next year because investors will be accumulating bitcoin as fomo will begin to get into the market as investors won't want to miss out of holding bitcoin before the halving then all time high happen in 2025.

In Feburary of this year we failed in a test of the 200 week average, this measure marked the highs of that initial recovery in pricing.  We fell back and it appeared BTC was still weakened and crawling on the floor maybe going lower.   Now its consistently done far better and we have risen above that same long term measure.  If we want an inverse of that test, a fallback but staying above positive the 200 week then the best measure of a bull run prep is to fail in pushing downwards.
  So 200WMA is 25k Feb and about 27.3k now, its important to note that MA are not volume at that level by themselves its merely an amalgamation of pricing not even the volume so its an approximation of momentum but the market also will tend to give it significance for speculative trades I think hence we seem appear to bounce at such levels despite no distinctive extra volume being there to hold or resist pricing.  My personal guess is to that indicator alongside the price action from March to June and guess about 28k for where we should be holding to prove any downtrend move in this phase has failed to gain traction ie. its unprofitable to be short etc.  hence we could rise from there.   Only then do we really have proper grounds to talk about bull run imo.

That's right, not for long of course. Going forward, what we will hear in the near future is that Bitcoin will become the first global money. So, my advice specifically for those who are still confused and don't understand, it's best to first understand the Bitcoin Bull Run Cycle, because I think it's common knowledge. Well, if we look at and pay attention to market behavior, something that experiences an increase will experience a decrease, and vice versa. Why? This is because investors will accumulate purchases when prices are cheap so prices will rise. Then, it will sell when the price is already expensive which causes the price to fall. So, if it's been read, are we still monitoring? of course not, right.

This normal increase in Bitcoin cannot be a Bitcoin Bull Run because this is how the price of Bitcoin will continue to improve. If we look back to the month of January, the price of Bitcoin was 15k. But from there, the price of Bitcoin has been steadily rising to around 29k. And for a long time the Bitcoin market has been moving in the same direction as the Bitcoin halving in 2024 is awaited. And investors will continue to hold bitcoins this season and only hold enough bitcoins until 2024-25. Because the bull run will continue already, which is a huge benefit for investors.

We are going to end up seeing what's going to happen, everyone knows what happened in the past and everyone knows what to expect from the current situation as well, we are going to be waiting for this to make a difference as well and see if it will actually make any difference at all. That's the important thing, we need to make sure that we know what we are doing and how we can improve it.

I know that it's going to take some time but if we can actually make it happen, then it's going to be fine for sure, it's going to get some attention. I hope that people could make some big changes when the time comes but it's not going to be that easy. Hopefully if we live exactly the same, then there will be a lot of us who will make a lot of profit for sure.

This is why people cant really just that wait and keeps on having that kind of speculative approach and feeling or emotion towards these kind of prices which they do assume out basing on what happened in the past.

For those new people then they would be basically be making out those price assumptions and predictions basing up on what they havent encountered before but since everything is written in history then we could always make  those manual checks and be wary on what are those movements that had been done. This is why making up research would really be totally relevant and something that you should really be
realistic on having those kind of price predictions and anticipations. In speaking about bull run then we do really have that 4 year cycle as we do all know and usually BR do kicks in on the time that halving
event of Bitcoin did already happen or just a few months after that on which we can really tell that this might be the time that it would really be making out such move.

Everything which is before the halving event is something that we can really tell that it would be making some start on that point which its unlikely or didnt really happen before.
This is why people had already been that anticipating that it would comes after which it would be a normal approach i should say.

It's not a guarantee but for sure people or investors who believes that the market will pump are continuing to buy more cheap
coins while waiting for the bull run.

There are traders who keep on buying and trying to work with their investment in order to earn more coins. They are anticipating that the
market will be good since halving is on the way.

It's your understanding that will let you be more patient and allow you to keep holding after buying your coins.