What event could trigger new bull run and ATHs?

[Marvelman]

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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?

Of course it did. If you can tell me exactly when that $ 1.5 billion worth of bitcoin was purchased, I'll tell you how much of an impact it had on the price of bitcoin. 

[Stalker22]

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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?

Of course it did. If you can tell me exactly when that $ 1.5 billion worth of bitcoin was purchased, I'll tell you how much of an impact it had on the price of bitcoin. 

While I agree that Tesla's investment intensified the bull run over the first quarter of 2021, it definitely did not start it.
Tesla is estimated to hold about 50,000 BTC. For comparison, here is a brief overview of MicroStrategy's investment:

MicroStrategy bought 21,454 bitcoins in August 2020, 16,796 bitcoins in September 2020, 32,220 bitcoins in December 2020, 314 bitcoins in January 2021, 19,747 bitcoins in February 2021, 795 bitcoins in March 2021, 253 bitcoins in April 2021, 500 bitcoins in May 2021 and 13,005 bitcoins in June 2021. The company disclosed that these bitcoins were bought for a total of $2.741 billion and at an average purchase price of approximately $26,080 per token.

reference - theasianbanker.com

[ultrloa]

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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?

Of course it did. If you can tell me exactly when that $ 1.5 billion worth of bitcoin was purchased, I'll tell you how much of an impact it had on the price of bitcoin. 

It did contribute to the past bull  run since those purchase create FOMO to Musk  followers and to others who doubt to buy at that time, We see how Musk influenced  works to  the people so long bull run days are extended   for long days but after fud it the price starting to collapsed so for this If we want  to see a bull  run   we need another influential person to enter and express his  support to crypto and do some beneficial things that can help bitcoin to pump up maybe from that we can see the  bull run to smash up.

[Kakmakr]

Well, what we need is some countries making some positive announcements that they will accept Bitcoin as a "Currency" and not just allow it to be a "Commodity" ..... We saw what happened in China when they started to ban Bitcoin mining.... now imagine if they said that they will allow Bitcoin as a payment/currency. 

The acceptance of Bitcoin as a currency will have a trigger action on large Merchants... because they base their decisions on what the government regulations stipulate. (Some are using a backdoor method... by accepting Crypto through payment processors)

[lumierre]

All we need is just some news from authoritative people and big companies or funds that they are going to invest in Bitcoin. This way, the price will increase because of the big money of whales and because people will buy it, seeing the green market then.
Another thing that can green up our market  is making work with crypto more comfortable and understandable so that all people can work with them.

[iv4n]

All we need is just some news from authoritative people and big companies or funds that they are going to invest in Bitcoin. This way, the price will increase because of the big money of whales and because people will buy it, seeing the green market then.
Another thing that can green up our market  is making work with crypto more comfortable and understandable so that all people can work with them.

It's happening, new people are getting in, new companies... countries are creating regulations, Bitocin is getting more popular definitely! What will trigger a new bull run is hard to say, I think too many things are going on, and definitely big things are coming, from which side, we will see! I
I am positive about the future of Bitcoin, maybe more than ever before! Many positive things are happening around, many experts are thinking that we are at the bottom, so this new bottom is higher, and it will be a great ground for all future uptrends!

[paxmao]

Progressive adoption at this point does not need any further catalysts (the name usually given to those events that make everyone realise the value of an asset). It is much more about progressive adoption at this point since I believe that the value, as of now and for bitcoin, is well assessed. The next likely event that may drive crypto could potentially be any announcement by any of the large techs, but it can sumply be anything once the level of demand is there. I am tired of stupid justifications for bitcoin price movements, most of the times they do not correspond to a single event.

[BITCOIN4X]

It's happening, new people are getting in, new companies... countries are creating regulations, Bitocin is getting more popular definitely! What will trigger a new bull run is hard to say, I think too many things are going on, and definitely big things are coming, from which side, we will see! I
I am positive about the future of Bitcoin, maybe more than ever before! Many positive things are happening around, many experts are thinking that we are at the bottom, so this new bottom is higher, and it will be a great ground for all future uptrends!

So far only a 4 year cycle that looks right can trigger a bull run until the price reaches a new ATH. The halving that has occurred so far is the thing that has the most impact on the entry of new investors and causes price increases. Apart from the halving, I think the hard fork is another event that can trigger the price as far as I know, but in the end I think it will be very difficult to find more detail that can trigger a definite price increase.

I just think that the more bitcoin adoption is legalized by a country's government as legal tender, the less volatility there will be in the bitcoin price. Bitcoin price will increase due to adoption, I think it's true but so far the price increase is due to FOMO where there is a surge in demand in the market just to make a profit.

[MinoRaiola]

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?  

In theory, it is very simple: the supply of Bitcoin must be lower than the demand. There would continuously be a higher price per Bitcoin. There will never be an absolute shortage because Bitcoin can always be corrected based on the price. As a result, there would be fewer whole Bitcoin in circulation every day, which should not be negativ, since there are enough places after the decimal point.

So positive news can increase the demand, more money by investors or investors just as.

[just_Alice]

It's happening, new people are getting in, new companies... countries are creating regulations, Bitocin is getting more popular definitely! What will trigger a new bull run is hard to say, I think too many things are going on, and definitely big things are coming, from which side, we will see! I
I am positive about the future of Bitcoin, maybe more than ever before! Many positive things are happening around, many experts are thinking that we are at the bottom, so this new bottom is higher, and it will be a great ground for all future uptrends!

So far only a 4 year cycle that looks right can trigger a bull run until the price reaches a new ATH. The halving that has occurred so far is the thing that has the most impact on the entry of new investors and causes price increases. Apart from the halving, I think the hard fork is another event that can trigger the price as far as I know, but in the end I think it will be very difficult to find more detail that can trigger a definite price increase.

Exactly! Good to see someone has mentioned it. All of the biggest bull runs were triggered by halving, why do people always miss that part? It’s always the same: halving -> price increases -> talks on the media + growth of interest among investors, the extent of which is bigger each year -> even more increase -> newbies buying high 

There’s not an event that can trigger a similar chain without previous halving.

[ILuckyGuyI]

It's hard to say what can trigger a new bull run now. I'd say that words and actions of people like Elon Musk would be really affective. But it looks like he doesn't have an influence over the market as much as before. Let's wait and see the new things to come.

Actually the market is whole green now but I'm not sure if it's related to the meeting between Jack and Elon.

[ninabobo]

My own suggestion I think the only way the bull run can continue is when the FUD in the market is reduced, and more big investors comes and also good news like big companies like tesla accepting bitcoin. These are the things which can really push the price of bitcoin back up, we all know what caused the FUD, the pressure was much, China was creating FUD and same time Elon Musk was also doing same so this contributed to what caused the down trend.

[sulis sudibyo]

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? 

1. depending on how much funds are invested. if it's just a few million dollars it won't make the market move.
2. not really.
3. is it really a crypto?. if it's a mainstream company, I doubt it will be fully decentralized. and the coin is sure to be fully bound by the regulations in which the company stands. and it is difficult to enter the crypto market. so this option will be a lot of hindrance.
4. This rumor has been around for years and probably everyone is tired of hearing it.

what if big countries like America or countries in europe start to legalize bitcoin completely. like El Salvador which started to adopt bitcoin. this is probably going to be big news and could get the market in pumps.

[Oilacris]

My own suggestion I think the only way the bull run can continue is when the FUD in the market is reduced, and more big investors comes and also good news like big companies like tesla accepting bitcoin. These are the things which can really push the price of bitcoin back up, we all know what caused the FUD, the pressure was much, China was creating FUD and same time Elon Musk was also doing same so this contributed to what caused the down trend.

No such thing about being reduced because Fuds could just pop out unexpectedly and there's no way of stopping that  because those supporters or institutions are the ones would really create those things

for them to crash out the market and able to buyback on cheaper price and starts to hype it up for them to make profits and repeat the cycle.A very common  manipulative behavior which it isnt surprising

for this kind of market where big players would always have the advantage.Triggering bull run its a mix of adoption and some hype which is the truth.

[Lucius]

I would ask two questions to everyone who posted in this thread:

1. Are you aware that you are answering the question that was asked in 2018?
2. Does it make sense to discuss a new bull run, and we are currently in one of them?

For those who think the bull run is a steady rise in price without corrections, one little reminder from 2017 - do you see anything that reminds you of this year?

[WePiggy]

There is a rumour that Amazon is going to accept Crypto as payments due to their job advert for a  “digital currency and blockchain product lead” for the platform’s payments team.

This could be the catalyst that brings it into the $40k's, but will need something like an ETF confirmation to bring it into 6 figures. I think something like the Wisdom Tree ETF will take it above 100K

[BIT-BENDER]

I could have thought a pandemic like the covid-19 virus would leave Bitcoin price bartered and bruised, but as many commodity fell sick to the virus bitcoin had some immunity, the next bull run or bear run can be ignited the opposite way than you think, but I think if countries help or follow the path of El salvador, then a bull run might happen, I don't think one whale can ignite/trigger a bull run, even the low-humble bitcoin investors combine can be the bull run, bitcoin acceptance also.

[finaleshot2016]

Could it be the single billionaire whale entering the market?

Elon musk already entered the crypto market and recently manipulated it through tweets. 

Could it be the fiat-to-crypto major exchange pairings?

I think this is one of the possible that will make crypto trigger another ATH but of course, it won't happen.

Could it be the major company, such as TESLA or Facebook or Amazon introducing their own coin?

Facebook already made a coin last time, it's called Libra but now diem. Idk if TESLA will create their own coin, the only thing I'm sure is they will use DOGE

Could it be the some major company such as Ebay or Amazon accepting crypto payments?

Yeah, possible too but it will take a lot of time before it happens, I've noticed that only few major platforms that are accepting crypto so it will take more time for Amazon and Ebay if the majority is still not accepting.

[teosanru]

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? 

I think only another halving would trigger us towards a new all time high. I think just like what has happened since past two bull runs, the lack of new minting supply due to halving would trigger a demand supply deficit leading to another Bull run and All time high. But for this to happen be ready to wait for another couple of years atleast. I don't think Tesla or anyone accepting bitcoin would trigger such a huge pump in the market to break all time highs.

[romero121]

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? 

I think only another halving would trigger us towards a new all time high. I think just like what has happened since past two bull runs, the lack of new minting supply due to halving would trigger a demand supply deficit leading to another Bull run and All time high. But for this to happen be ready to wait for another couple of years atleast. I don't think Tesla or anyone accepting bitcoin would trigger such a huge pump in the market to break all time highs.

Yes, Tesla and other corporate firms adoption of bitcoin will trigger the market to turn bullish. This won't take the price mark a new ATH. The people's interest on cryptocurrency have been increasing regularly, which makes it have gradual growth.

The adoption from companies and stores all around will make the growth happen faster. When it comes to a large scale market trigger, something needs to happen as the past when Japan mentioned bitcoin to be official and supported stores to accept bitcoin. Those are days when people aren't much aware of bitcoin.