When will the bull run start?

[BitHodler]

2013 Bubble #1 was from 50 to 250, with subsequent crash down to 55ish.  April.  Build of base/support in the 100-120 area until 2013 Bubble #2 in November from 120 to 1100.

I remember that people thought the first bubble in 2013 was solely initiated by people in Cyprus buying Bitcoin like there was no tomorrow. I however doubt people in Cyprus had anything to do with it.

The main difference between the current and 2014/2015 bear market is that right now we don't have MtGox to worry about. I'm certain that if MtGox didn't collapse back then, the low in 2015 would be far above $150.

MtGox gave the bear market extra fuel to keep thriving, which looking back, was the best ever "recent" buying opportunity. I don't think think we have to wait another year to fully bottom out.

[slyfox]

When will the bull run start? in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money?

You must know that no one knows the answer to that, we can only speculate but most likely the bull market is not going to start in this year, it is terrible that you are losing money but the market is not going to start a Bull Run just so you can recover your money, and I will suggest that you change the way you think because if you keep thinking like that you are going to lose even more money.

[hacekd]

When will the bull run start? in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money?

My prediction will occur at the end of the year between November and December, it will not go up too far but this will make our assets come back. Almost the beginning of the year to mid in 2018 the prices are so fariative, the increase and decrease are so fast and we can only wait for the results later in the year.

[figmentofmyass]

The main difference between the current and 2014/2015 bear market is that right now we don't have MtGox to worry about. I'm certain that if MtGox didn't collapse back then, the low in 2015 would be far above $150.

why?

people drastically overestimate the importance of mt gox. i was part of multiple trading communities, and pretty much everyone had aready moved to bitfinex, bitstamp, btc-e/mt4, chinese exchanges (okcoin, huobi, btcc). most traders left because gox had already been having fiat withdrawal delays for many months.

they had far less share of world trading volume than people say. the scope of the BTC losses were due more to gox being used as a massive online wallet. and remember, the gox collapse locked up lots of available supply. everyone who lost coins had to buy back whatever they could.

MtGox gave the bear market extra fuel to keep thriving, which looking back, was the best ever "recent" buying opportunity. I don't think think we have to wait another year to fully bottom out.

i dunno. gox collapsed in february 2014. the market bottomed in august 2015. i really don't think it fueled the bear market for 1.5 years. that was just post-bubble supply and distribution. the same thing is possible now.

[exstasie]

I don't think think we have to wait another year to fully bottom out.

My read on overall sentiment is that people are still too hopeful for a bull market to emerge yet. I'm also worried the bear market could take quite a bit longer based on the historical BETI. Based on the 2011 and 2014-2015 corrections, we could drop a lot further:

And this will be the historical BETI chart using absolutely all the BTC/USD entries in bitcoincharts.com since Sunday, 25 April 2010 16:37:04 till today:

Of course, the BETI is comprised of a very small data set, so we should take it with a grain of salt. Cycle analysis is tough when we only have a few bubble cycles to study.

[maarx]

Expecting the bull run to start this month. Really waited and waited for almost 8 to 9 months for the price to go high. The circulation has completely stopped. Frozen now. One or the other has to leave their coins out. The circulation of coins should soon start up with high values. We really require the situation to take place very soon.  This month has to be a turning month for crypto this year. The value has to come back on track. Expect this to happen very soon.

[Febo]

The main difference between the current and 2014/2015 bear market is that right now we don't have MtGox to worry about. I'm certain that if MtGox didn't collapse back then, the low in 2015 would be far above $150.

why?

people drastically overestimate the importance of mt gox. i was part of multiple trading communities, and pretty much everyone had aready moved to bitfinex, bitstamp, btc-e/mt4, chinese exchanges (okcoin, huobi, btcc). most traders left because gox had already been having fiat withdrawal delays for many months.

they had far less share of world trading volume than people say. the scope of the BTC losses were due more to gox being used as a massive online wallet. and remember, the gox collapse locked up lots of available supply. everyone who lost coins had to buy back whatever they could.

MtGox gave the bear market extra fuel to keep thriving, which looking back, was the best ever "recent" buying opportunity. I don't think think we have to wait another year to fully bottom out.

i dunno. gox collapsed in february 2014. the market bottomed in august 2015. i really don't think it fueled the bear market for 1.5 years. that was just post-bubble supply and distribution. the same thing is possible now.

Market bottomed in January 2015. Then it went sideways until October when bull run started.

2014 bear market was longer then wil be now from simple fact that bull market of 2013 was stronger then 2017. You had sort of 2 bull runs in 2013. in April and November.

[Bagaji]

Op, you can only lose your money when you sell at the current market value of Bitcoin, but if you continue holding, i believe some day to come the market value of Bitcoin and other altcoins will bounce back from the downward movement at the moment.

[zazarb]

When will the bull run start? in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money?

Be patient and wait, nobody can't tell when Bull market starts, because no one knows it. If peoples could know how market will move, everybody would have been a millionaire for a long time. Like i said before, all you can do now is just be patient.

[Moon_Man]

we need a catalyst, maybe ETF getting accepted or bakkt launching in november? doesn't seem like ETf will be approved this year so probably around 2020

[candolbitcoin214]

When will the bull run start? in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money?

You had loose a lot of money and will loose a lot more if you dont know how to play your csrds in cryptocurrency. If the price is down i usually hold and wait for the moment. Some will easily sell and some will complain and some waits for the greenier days thats how it goes here in the crypto world.

[Temujhin]

When will the bull run start? in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money?

I am not sure that bullrun will happen in the current year, this market is still in a non-conducive atmosphere, indeed recovery has occurred even though it was not large but in a matter of hours the decline occurred again, this situation was very fast and often happened.
I really hope that this kind of situation will be over soon, even with a short period of time but I will wait for it

[Pab]

I think from New Year it will be big expectation that SEC will approve ETF so that will cause
bull run
Meanwhile in September we will have important EU meeting about ICO regulation
IF all 28 EU countries will agree we will have quality licensed ico
If world will follow than it could be really big change less ico but licensed ones

[phpartisanmaster]

When will the bull run start? in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money?

The market right now is currently bullish, and it was volatile so the best thing to do is to wait for the price to pump up before selling your coins.

[Albert211994]

In the past, the price starts to go up during November and continues until early period of the next year. I hope the same thing happens this year, I am looking forward for the bull run in November.

[ricardobs]

When will the bull run start? in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money?

As soon as there is a chance of making a decent amount of money with a huge run, right now there are so many people who would like to sell their coins at say 8-10 thousand dollar levels that if you want to go thru those prices you will be required to have a lot of money and if you want to reach to $20k once again you will have to buy a lot of bitcoin and require a capital at a size of a small nations GDP.

Hence, if that goes away and we can chip at it small by small than there is a chance but in order to get the whales on our side we need to make sure they know they will make more money if the price goes up.

[exstasie]

Market bottomed in January 2015. Then it went sideways until October when bull run started.

Sort of. Another way of looking at it is a double bottom. Bitfinex had much higher volume than other exchanges and hit bottom in August ($162). A lot of people cite Bitstamp's January lows, but it was (and is) a much less liquid exchange than Bitfinex.

2014 bear market was longer then wil be now from simple fact that bull market of 2013 was stronger then 2017. You had sort of 2 bull runs in 2013. in April and November.

That's possible. I'm just trying to keep an open mind and not make any major assumptions. My belief is that every cycle will look different (in terms of both time and volatility). For now, I'm just waiting for the market to establish a new mid-term trend. Then I'll ride it.

[Anait]

Maybe the bull run gets initiated from the falling month as the fourth quarter of the year begins. Another thing the etf approval has got postponed to the end of September. This too could make a difference over the market scenario prevailing around. Expect good growth same as the previous year.

[holzer]

Im guessing sometime in November or if we dont get our end of year pump, probably sometimes shortly after.

[justdimin]

When will the bull run start? in 2018? i've lose a lot of money through bitcoin. because price went down. when will the bull run start and i regain my money?

I think November is more realistic.
Right now people are getting back from their vacations, kids are starting school soon, the work is getting busy again and all that.

As soon as people get back to work decently and start that rush times once again and the important deals are getting closer the reality of summer ending and work calendar starting will come to mind and I think more people will start going back to bitcoin and focusing on that like a hobby.

I believe we should definitely not throw away the idea that last year November was the time bull run started but I am definitely sure autumn will be the season that bitcoin gets back on its feet.