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Author Topic: What event could trigger new bull run and ATHs?  (Read 498 times)
FrontierObscura (OP)
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March 23, 2018, 06:25:06 PM
 #1

Hello, got thinking what most of newbies are awaiting so eagerly right now... When the new bull run will begin and will it break current records?

Or more specifically what could trigger such viral bull run?

Could it be the single billionaire whale entering the market?
Could it be the fiat-to-crypto major exchange pairings?
Could it be the major company, such as TESLA or Facebook or Amazon introducing their own coin?
Could it be the some major company such as Ebay or Amazon accepting crypto payments?

What is your idea? what could push it?  Huh
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March 23, 2018, 06:34:30 PM
 #2

Good news coming in, BTC going up which fuels other altcoins and new 300m tether have been created, so we might see another run once they are utilised, let's not forget forces the forces of demand and supply where many people start buying, prices will shoot ATHs
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July 22, 2021, 07:25:16 AM
 #3

I think it is difficult for a giant whale or an institution alone to launch a bull market. If it is a bear market now, it is the best time for institutions and giant whales to raise money at a low price. When all the giant whales and institutions end up. After that, they will use all means to show the phenomenon of the bull market, causing retail investors to influx in large quantities until the price of the currency reaches the price in their minds, and they will sell the tokens. When the giant whales and institutions sell, the next step is It will cause retail investors to panic and continue to sell, which will turn into a bear market. This cycle becomes a market law.

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July 22, 2021, 07:58:09 AM
 #4


Usually, it's the halving that makes the bullrun kick which they call cycle every 4 years already. Since the beginning the halving is what always happens.
But the length of 4 years also makes the prices at its bottom. Billionaires and major companies come in because they know when is the right time to dive into the market and blogs make it appear like they are the ones pulling the market up to trigger the bull run. 

Kong Hey Pakboy
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July 22, 2021, 08:04:40 AM
 #5

Maybe more countries adopting bitcoin like what El Salvador did could be the biggest trigger for another bull run and ATH. Although that's a wishful thinking on me because they might see adoption as a threat to their power like what China did.

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July 22, 2021, 08:30:35 AM
 #6

1.Bitcoin or ETH Dapp is accepted by some major countries, and uses Bitcoin as legal currency.Just as the Internet took decades to create killer applications, so will blockchain applications.

2.There are more convenient channels for investors to influx,Whether it is a complex exchange or a cumbersome private key storage, these are obviously not easy for novices to enter the encryption field.

3.People lose trust in traditional investments,Just like the previous robinhood, it disappointed the players of traditional finance.

4.Bitcoin's next halving
Betwrong
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July 22, 2021, 09:03:59 AM
 #7

This thread was started "pre-miracle", back when BTC was rolling down from its $19k+ ATH to $3k+, and the price on March 23, 2018 was around $8,800. So, now, after the miraculous $63k+ in April, it might seem that we could answer the question with certainty ... but can we, though? I mean, do we know exactly what triggered the latest bull run? Yeah, I know there were many factors, but what was the main one? I personally don't know the answer to this question.

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July 22, 2021, 01:24:21 PM
 #8

I believe larger entities are very interested in bitcoin.  In addition to Tesla, SpaceX today is the meeting between Jack and Elon, I expect a great combination between them in promoting bitcoin perfection in mining.  There are also some rumors that Apple is also eyeing the bitcoin market.  At the earliest, I believe Tesla will continue to accept bitcoin, which is a big problem in the process of expanding bitcoin sync acceptance in the world.  I am bullish on bitcoin and maybe we will continue to go fast with our next big goals.
Kittygalore
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July 22, 2021, 02:56:28 PM
 #9

Probably a big purchase and endorsement of a big company could probably trigger the prices to increase. I think that's by far the biggest one that can happen so I don't necessarily think that it would be anything fancy.
maisao1991
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July 22, 2021, 04:17:55 PM
 #10

Most of the price drop is also due to whales buying and many people selling at low prices, once the target is reached I think the price increase will start, because the good news about BTC is also weak. decide on that.

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Dragonfund
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July 22, 2021, 04:22:59 PM
 #11

Most of the price drop is also due to whales buying and many people selling at low prices, once the target is reached I think the price increase will start, because the good news about BTC is also weak. decide on that.

You mean whales are buying and Btc price is sinking. What kind of analogy is this?
The whales or should I say market movers are out already and they all waiting for the weak hand to dump their Sat so they can buy back at very low price. Who knows if they are responsible for the media manipulating bitcoin holders.
The thing is, if bitcoin dump today, it will be pumped back by the same people, that's how market works.
SquallLeonhart
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July 23, 2021, 12:03:18 PM
 #12

got thinking what most of newbies are awaiting so eagerly right now... When the new bull run will begin and will it break current records?

Or more specifically what could trigger such viral bull run?
There is really rarely ever a "trigger" that happens, it is usually back to back stuff and people who believe it. When there are millions of people all around the world promoting something it becomes higher and higher in value, there is no way that we could diminish that into just a trigger, there is nothing like that. It is basically just a collective thing that we all do, you promote it on twitter, I do it on telegram the other talks to their friends and so forth and over a million people end up doing this which causes bitcoin to go up eventually.

Remember even when we moved from 10k to 64k it didn't happen overnight, so it wasn't just one thing that triggered it, from September/October levels to new years it went to just 30k, and after that until may it went to 60k, so it went 3x in 3 months and 2x in 4-5 months, it was quite slow when it happened and will be like that again.
The Sceptical Chymist
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July 23, 2021, 01:18:53 PM
 #13

Could it be the fiat-to-crypto major exchange pairings?
Could it be the major company, such as TESLA or Facebook or Amazon introducing their own coin?
Could it be the some major company such as Ebay or Amazon accepting crypto payments?
No to all of those.  I don't exactly know what you mean by the first one, because there are tons of exchanges out there with fiat/crypto trading pairs, and that isn't a significant factor in bitcoin's price as far as I'm aware.  As for the second one, corporate tokens aren't likely to make it to market.  Remember Libra?  Whatever happened to that?  And even if Facebook had managed to introduce it, I seriously doubt it'd kick off another bull run.  And on the third, companies accepting bitcoin or any other cryptocurrency isn't anything new, and people aren't clamoring to spend their bitcoin at places like Amazon.  If they are, there are ways to do it already.

Could it be the single billionaire whale entering the market?
A single one?  That's a possibility, but they'd have to buy a ton of bitcoin on the open market without regard to the price increasing as they made the purchase(s).  If the hypothetical billionaire were smart, they'd do that without moving the market at all, and so there would be no bull run ensuing. 

I don't understand what drives demand for bitcoin or what starts these crazy bull markets it finds itself in every few years, and I only wish I knew what would start the next one.  I'm not even sure if anyone knows what caused the previous bull runs, because if I recall correctly, there wasn't anything besides the halvings to account for them.  Your guess is as good as mine.

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July 23, 2021, 01:35:42 PM
 #14

I think a really big purchase like what Tesla did could be a really big reason to trigger another bull run. I mean the reason for a bull run is simple, more demand and less supply right?

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July 23, 2021, 10:58:10 PM
 #15

I think a really big purchase like what Tesla did could be a really big reason to trigger another bull run. I mean the reason for a bull run is simple, more demand and less supply right?

Although Musk contributed to the last bull run, I don't think he was the trigger. The bull run started well before that.
At the end of November, Bitcoin broke the $20,000 mark, and its price has increased throughout December and into the new year. There was no news about Tesla's bitcoin holdings before this happened.

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July 24, 2021, 04:39:57 AM
 #16

A major hype should be established. There are many factors affecting the bullishness of market but one big company could somehow start it. Like tesla's announcement of accepting BTC and more institutions adopt to it.
Another thing is halving of mining BTC, it occurs every 4 years and it really helps the scarcity of Bitcoin and eventually helps its price to go up.
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July 24, 2021, 05:48:50 AM
 #17

~

Although Musk contributed to the last bull run, I don't think he was the trigger. The bull run started well before that.
At the end of November, Bitcoin broke the $20,000 mark, and its price has increased throughout December and into the new year. There was no news about Tesla's bitcoin holdings before this happened.

Really? 1.5 billion USD worth of bitcoin purchase didn't contribute big to the trigger of the start of the bull run? Also, I am just giving that as an example and I am talking generally about the possibility that another company might do a big purchase like what Tesla did.

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July 24, 2021, 06:03:49 AM
 #18

~

Although Musk contributed to the last bull run, I don't think he was the trigger. The bull run started well before that.
At the end of November, Bitcoin broke the $20,000 mark, and its price has increased throughout December and into the new year. There was no news about Tesla's bitcoin holdings before this happened.

Really? 1.5 billion USD worth of bitcoin purchase didn't contribute big to the trigger of the start of the bull run? Also, I am just giving that as an example and I am talking generally about the possibility that another company might do a big purchase like what Tesla did.

It helps of course. It's not the 1.5B that will make the bullrun, its the fact that someone is popular that makes investors think it's worth jumping into the market. 1.5B is too small to make the price rocket up to $65K. Everybody is jumping which we have already read the news about the financial institutions.

Surprising to have read some articles lately that Amazon is seeks new exec to oversee digital currency strategy. Amazon is the biggest e-commerce, it should be more than what Musk could influence.

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July 24, 2021, 08:44:44 AM
 #19

Most of the price drop is also due to whales buying and many people selling at low prices, once the target is reached I think the price increase will start, because the good news about BTC is also weak. decide on that.
I don't think one whale will be able to create big waves in the ocean. there must be several whales jumping simultaneously for big waves to be created. So one whale won't cause big changes in the market. You can't go on and on and on telling those who are selling at low prices are causing prices to drop because they are also looking for the biggest profit when prices have gone up.
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July 24, 2021, 09:41:17 AM
 #20

Most of the price drop is also due to whales buying and many people selling at low prices, once the target is reached I think the price increase will start, because the good news about BTC is also weak. decide on that.
I don't think one whale will be able to create big waves in the ocean. there must be several whales jumping simultaneously for big waves to be created. So one whale won't cause big changes in the market. You can't go on and on and on telling those who are selling at low prices are causing prices to drop because they are also looking for the biggest profit when prices have gone up.
only few people will sell his coins at a lower price so it was not them that is making the price fall but it was also the whale because they arent making small transactions and whales ensures that the value is good before they sell .
 @op  all of those that you said can trigger a bull run but there are others that you forgot to add . a good news can be one of it , ex. if theres a country that  legalize the use of btc .
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