BTC bulls back?

[jossiel]

I honestly think bulls are back on markets. You can currently watch markets and see anytime correction happens it triggers another demand and prices can't find chance to go lower. In past, like a month-2 months ago it was completely different. People were trying to make money but bears were killing demand. Although I believe we aren't in huge bull run this year as I think its too early for one. Next year will be better.

Too early to expect a huge bull run for this year.

With what I'm expecting, it should happen after the halving just as what the cycles that we have gone through for the past years. That's demonstrated before and that's why all thoughts are for it.

Just as 2020 when the halving was done, the bull actually started on that year so who knows if next year will be the start of the larger bull run.

[cryptomaniac_xxx]

I honestly think bulls are back on markets. You can currently watch markets and see anytime correction happens it triggers another demand and prices can't find chance to go lower. In past, like a month-2 months ago it was completely different. People were trying to make money but bears were killing demand. Although I believe we aren't in huge bull run this year as I think its too early for one. Next year will be better.

Too early to expect a huge bull run for this year.

With what I'm expecting, it should happen after the halving just as what the cycles that we have gone through for the past years. That's demonstrated before and that's why all thoughts are for it.

Just as 2020 when the halving was done, the bull actually started on that year so who knows if next year will be the start of the larger bull run.

Let's say that we will not hit another new all time high for this year. But maybe close to it, around $50k-$60k at the end of the year or at least before the block halving in late April or early May.

And still a good price though if that prediction will come true, I mean lowest low that we have for this bear cycle is $15,500.

So that will be a relieved if before the actual before we are close to the last all time high. But it doesn't mean that we are in a bull run and that we will have to sell our stash. Just continue to accumulate and HODL.

[stadus]

The movement of Bitcoin this year has been pretty decent, and we can say that it has already had a mini bull run.

After hitting $30k, the price is now in correction mode, but if it doesn't dump hard, that means we will hit the highest price again this year. Once this mini bull run stays consistent, eventually the hype will start to grow, and just like in the past, the entire market will be in bull run mode.

This means that all of us who trusted the system will benefit greatly from the big price pumps.

[$crypto$]

The movement of Bitcoin this year has been pretty decent, and we can say that it has already had a mini bull run.

After hitting $30k, the price is now in correction mode, but if it doesn't dump hard, that means we will hit the highest price again this year. Once this mini bull run stays consistent, eventually the hype will start to grow, and just like in the past, the entire market will be in bull run mode.

This means that all of us who trusted the system will benefit greatly from the big price pumps.

Now bitcoin has gone into correction mode because the price has touched $28,000 almost below that but it is a support point that maybe this $25,000 depends on how some factors happen until it will enter bearish again but if it doesn't happen I think bitcoin can continue its bull trend again and that price can more soared over $35,000 but I guess this year's high is bound to happen as some more hype has started to grow just waiting for the right moment.

If there is a correction for when to buy BTC and I think this is very appropriate to make another entry.

[jossiel]

I honestly think bulls are back on markets. You can currently watch markets and see anytime correction happens it triggers another demand and prices can't find chance to go lower. In past, like a month-2 months ago it was completely different. People were trying to make money but bears were killing demand. Although I believe we aren't in huge bull run this year as I think its too early for one. Next year will be better.

Too early to expect a huge bull run for this year.

With what I'm expecting, it should happen after the halving just as what the cycles that we have gone through for the past years. That's demonstrated before and that's why all thoughts are for it.

Just as 2020 when the halving was done, the bull actually started on that year so who knows if next year will be the start of the larger bull run.

Let's say that we will not hit another new all time high for this year. But maybe close to it, around $50k-$60k at the end of the year or at least before the block halving in late April or early May.

And still a good price though if that prediction will come true, I mean lowest low that we have for this bear cycle is $15,500.

So that will be a relieved if before the actual before we are close to the last all time high. But it doesn't mean that we are in a bull run and that we will have to sell our stash. Just continue to accumulate and HODL.

I've already set my mind that we won't hit a new ATH for this year because the cycle should start after the halving by next year.

But it's an optimistic price that it's setting if it reaches to that price by the end of year which you've said as $50k-$60k.

We're done with the lowest for this cycle and even if there are still plenty of folks telling that it could go as low as $10k, we shall see if that's still going to happen but IMO unlikely.

[Wiwo]

I honestly think bulls are back on markets. You can currently watch markets and see anytime correction happens it triggers another demand and prices can't find chance to go lower. In past, like a month-2 months ago it was completely different. People were trying to make money but bears were killing demand. Although I believe we aren't in huge bull run this year as I think its too early for one. Next year will be better.

Take a look once again at the market to see the extent of volatility in the price of Bitcoin and other top coins in the market, just a few days ago a bull was on a high trend but at this moment the bear market is pushing hard to push the price down further than what it is right now, so we should step back to analyze the market deeper to be able to make a stable and good speculative analysis of the market, for the past few weeks/months the bull has been on a run even though it was on a slow past but then we can see how the price of Bitcoin broke the 30k+ price for a while before sliding down again to the current price.

But since we are already used to Bitcoin market sentiments and volitilties, we can take the present condition as a revuolding stage for the market before it touches a possible new price.

[asrinur]

It's important to note that predicting the future price movements of BTC is highly complex and subject to many factors, including market sentiment, global economic conditions, regulatory changes, and more. Therefore, any statements about the status of BTC bulls should be taken as a general indication of sentiment and not a guarantee of future price movements.

it is true that many factors will affect the movement of bitcoin because it is inevitable that this will happen, everything that is very popular (like bitcoin) will always have that impact.
but it must also be remembered that the habit of bitcoin is to always repeat what has happened and like the halving period, there will also be repetitions where at that time bitcoin is indicated to increase sharply and will form a renewable ATH.

Correct. I agree with you that many factors influence bitcoin price movements. Moreover, as the parent of altcoins, bitcoin is the main center of attention in various issues, both negative and positive. Therefore, we must not be affected by market conditions because the rise and fall of bitcoin prices is a natural thing to happen.

[deepblue01]

This sudden rise certainly surprised many because what happened so that the increase was so quickly back above $ 28K more, while yesterday's decline, there were many who took advantage of this moment. Of course, if traders take action during a correction, they can be very profitable.

It's quite optimistic that bitcoin can still survive and at least $ 30K which is a little more will soon be fulfilled in the next few days or at least this month can touch it, because I think this will be a positive trend going forward.

We look forward to whether it will rally again?

atleast bitcoin will recover to 30k+ but i don't think it will pas 40k$ right now.
i was shocked when bitcoin broke below $20k,i think we still need a few months to see that bitcoin will break $40k or break below $20k a second time

[Moeda]

I was thinking BTC was going to be on a down hill mostly until near end of 2023. Do you believe this is a bull trap or true recovery for next bull is now here?

I would be interested to see what you people think and why.

:3

It is likely that the Bitcoin price will return to $20k in the near future. It's not that the whales have forgotten the bull. The good year is in 2024, so we don't need to panic when we see the current Bitcoin price drop from $30k to $26k, even lower than that. Of course the traps continue to be made, and this depends on how we react to it.

[imamusma]

Correct. I agree with you that many factors influence bitcoin price movements. Moreover, as the parent of altcoins, bitcoin is the main center of attention in various issues, both negative and positive. Therefore, we must not be affected by market conditions because the rise and fall of bitcoin prices is a natural thing to happen.

You should be able to take advantage of market conditions (its volatility) to take profits or maybe buy some. So this volatility will affect you unless you are a holder who does not want to add to the pile of assets as long as they are cheap.

If you are a holder, then ignore the price volatility as long as you haven't found the target you want. But if you still want to build your portfolio then I think you need to keep an eye on price volatility especially during corrections. Buy more with DCA, it will help you get lower average price.

[deepblue01]

It is likely that the Bitcoin price will return to $20k in the near future. It's not that the whales have forgotten the bull. The good year is in 2024, so we don't need to panic when we see the current Bitcoin price drop from $30k to $26k, even lower than that. Of course the traps continue to be made, and this depends on how we react to it.

how do you know it will be good year in 2024. With this market condition i do think that bitcoin is still in bear market

You should be able to take advantage of market conditions (its volatility) to take profits or maybe buy some. So this volatility will affect you unless you are a holder who does not want to add to the pile of assets as long as they are cheap.

If you are a holder, then ignore the price volatility as long as you haven't found the target you want. But if you still want to build your portfolio then I think you need to keep an eye on price volatility especially during corrections. Buy more with DCA, it will help you get lower average price.

do you think is it possible BTC will go down below 10k? i think it's possible

[Ricardo11]

Yes, BTC bulls will come back again. And it could probably come anytime between 2024 and 2025 which could leave the ATH. Because almost all bitcoiners currently think that bitcoin will make a new ATH again. Moreover There is also a high chance of a major bull market in Bitcoin in the near future and this could happen as between as 2024.

[Kemarit]

Yes, BTC bulls will come back again. And it could probably come anytime between 2024 and 2025 which could leave the ATH. Because almost all bitcoiners currently think that bitcoin will make a new ATH again. Moreover There is also a high chance of a major bull market in Bitcoin in the near future and this could happen as between as 2024.

I don't think that the bulls has left the market for good, it's that the bears really take over after reaching our all time high in 2021. And with that, it's hard for the bulls to keep phase with the current market price and even if they wanted to push it, there are a lot of negative things that happen last year and even this year as well, pulling the price or at least making $30,000 as the resistance level.

But as we have known about the market cycles, sooner or later, we will have the catalyst for a bull run, that is the block halving. Just less than a year from now, and then after that activity, the bulls will slowly take control of the market again.